Tour v309
WBD
WARNER BROS DISCOVER Series A
$26.59 -0.15%
$26.53 (-0.23%)🌙
as of 07/10 07:15 PM
(7/9 19:14) ◀
|
Friday, July 10, 2026 (7:15pm)
January 2026
|
▶ (7/13 19:12)
◀ 7/10 19:15 ▶

Option Volume

Detail
ℹ
Current (07/10) 73,435
Calls: 30,119 (41%)
Puts: 43,316 (59%)
Prior (07/09) 164,728
Calls: 76,646 (47%)
Puts: 88,082 (53%)
Current vs Prior -55.42%
Calls: -60.70% (Calls)
Puts: -50.82% (Puts)
Prior 7-Day Total 658,916
Calls: 219,580 (33%)
Puts: 439,336 (67%)
Prior 7-Day Average 94,130
Calls: 31,368 (33%)
Puts: 62,762 (67%)
Current vs Prior 7-Day Avg -21.99%
Calls: -3.98%
Puts: -30.98%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/10) $5.19M
Calls: $2.09M (40%)
Puts: $3.10M (60%)
Prior (07/09) $12.27M
Calls: $4.24M (35%)
Puts: $8.03M (65%)
Current vs Prior -57.67%
Calls: -50.68%
Puts: -61.36%
Prior 7-Day Total $60.54M
Calls: $16.86M (28%)
Puts: $43.68M (72%)
Prior 7-Day Average $8.65M
Calls: $2.41M (28%)
Puts: $6.24M (72%)
Current vs Prior 7-Day Avg -39.93%
Calls: -13.14%
Puts: -50.27%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/10) 1.44
Prior (07/09) 1.15
Current vs Prior +25.14%
Prior 7-Day Average 1.88
Current vs Prior 7-Day Avg -23.54%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/10) 1,614,261
Calls: 525,360 (33%)
Puts: 1,088,901 (67%)
Prior (07/09) 1,642,209
Calls: 545,593 (33%)
Puts: 1,096,616 (67%)
Current vs Prior -1.70%
Prior 7-Day Total 9,933,433
Calls: 3,537,466 (36%)
Puts: 6,395,967 (64%)
Prior 7-Day Average 1,419,061
Calls: 505,352 (36%)
Puts: 913,709 (64%)
Current vs Prior 7-Day Avg +13.76%
Sentiment BULLISH

Expected Move

Detail
ℹ
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 2.56% | 7.15%7.15% | 13.31%
Prior 5.86% | 8.56%8.56% | 15.02%
Current vs Prior +21.98% | +44.08%-16.54% | -11.37%
Prior 7-Day Avg 4.98% | 9.06%7.96% | 15.19%
Current vs 7-Day Avg +43.42% | +36.20%-10.20% | -12.35%
Prior 7-Day Eod 5.86% | 8.56%-- | --
Current vs 7-Day Eod +21.98% | +44.08%-- | --
Sentiment BEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 34.07% | 95.34%
Calls: 24.39% | 42.00%
Puts: 43.75% | 148.68%
Prior 34.07% | 95.34%
Calls: 24.39% | 42.00%
Puts: 43.75% | 148.68%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 34.07% | 95.34%
Calls: 24.39% | 42.00%
Puts: 43.75% | 148.68%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Light premium activity with dollar volume down 58% vs prior. Below-average activity with volume down 55% vs prior. Bearish P/C ratio of 1.44 indicates protective positioning. Put-heavy open interest (1,088,901 puts vs 525,360 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
⏰ Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
⚡ Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 3 of results (avg 6.3%, best 4.2%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$28.00Aug 210.870.92$0.905.6%2120.3759.4K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Jul 170.230.24$0.244.2%14.4K0.2068.7K
$25.00Aug 210.730.80$0.779.1%2090.3120.8K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.49, cheapest $0.24)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Aug 210.240.27$0.2611.5%6300.1642.0K
$28.00Jul 170.280.32$0.3013.3%1.1K0.2653.3K
$28.00Jul 240.450.50$0.4810.4%1.8K0.3120.1K
$28.00Aug 210.870.92$0.905.6%2120.3759.4K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Jul 170.230.24$0.244.2%14.4K0.2068.7K
$25.00Aug 210.730.80$0.779.1%2090.3120.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 26 found (avg delta 0.73, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.50Jul 100.233.20$1.72172.7%20.94--
$26.00Jul 100.012.68$1.35197.8%350.92118
$23.00Jul 171.915.70$3.8199.5%20.91--
$25.00Jul 240.724.05$2.38139.9%30.75--
$23.50Jul 101.345.20$3.27118.0%10.74--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$29.00Jul 100.934.50$2.72131.2%30.99--
$28.00Jul 100.013.50$1.76198.3%60.94--
$27.00Jul 100.011.10$0.56194.6%1190.901.2K
$27.50Jul 100.233.00$1.62171.0%300.8852
$30.00Jul 101.385.50$3.44119.8%10.88--

Most actively traded options today. High liquidity = easy entry/exit. 81 active (total vol 44.2K, top 14.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$29.00Jul 170.110.40$0.26111.5%6.5K0.1972.2K
$27.00Jul 170.390.60$0.5042.0%2.5K0.4213.6K
$28.00Jul 240.450.50$0.4810.4%1.8K0.3120.1K
$28.00Jul 170.280.32$0.3013.3%1.1K0.2653.3K
$30.00Aug 210.240.27$0.2611.5%6300.1642.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Jul 170.230.24$0.244.2%14.4K0.2068.7K
$27.00Jul 170.821.59$1.2163.6%4.2K0.5820.6K
$26.00Jul 170.310.70$0.5176.5%3.5K0.3627.9K
$23.00Jul 170.050.25$0.15133.3%1.4K0.1062.2K
$25.00Jul 240.210.60$0.4195.1%1.1K0.25280

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 17 strikes (avg 1339.4%, max 6441.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$25.00Jul 10Jul 242243.2%49.5%4431.2%5--
$29.00Jul 10Aug 21520.3%40.7%1178.6%57107.2K
$27.50Jul 10Jul 24382.0%33.3%1047.8%41477
$28.00Jul 10Aug 21430.3%41.5%936.2%21560.0K
$27.00Jul 10Aug 21162.6%38.0%327.7%76812.0K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$24.00Jul 10Aug 212772.8%42.4%6441.5%4511.0K
$25.00Jul 10Aug 212243.2%39.9%5516.1%21222.6K
$28.00Jul 10Aug 21430.3%41.5%936.2%83.2K
$27.50Jul 10Jul 17382.0%58.0%558.2%6087
$26.00Jul 10Aug 21223.0%37.3%498.4%1033.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 27 found (best R:R 8.09, avg 3.39)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$30.00$31.00Jul 17$0.11$0.89$0.118.09$30.11
$30.00$31.00Jul 31$0.11$0.89$0.118.09$30.11
$29.00$30.00Jul 17$0.14$0.86$0.146.14$29.14
$29.00$30.00Jul 24$0.18$0.82$0.184.56$29.18
$28.00$29.00Jul 24$0.23$0.77$0.233.35$28.23
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$23.00$22.00Jul 17$0.11$0.89$0.118.09$22.89
$27.00$25.00Aug 14$0.31$1.69$0.315.45$26.69
$26.50$25.50Jul 24$0.18$0.82$0.184.56$26.32
$27.00$26.00Jul 31$0.23$0.77$0.233.35$26.77
$25.00$24.00Aug 21$0.24$0.76$0.243.17$24.76

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 30 found (best R:R 4.00, avg 0.67)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$25.50$26.00Jul 10$0.37$0.37$0.132.85$25.87
$25.00$26.50Jul 24$0.85$0.85$0.651.31$25.85
$27.50$28.00Jul 17$0.20$0.20$0.300.67$27.70
$26.50$27.00Jul 17$0.19$0.19$0.310.61$26.69
$26.00$26.50Jul 17$0.18$0.18$0.320.56$26.18
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$26.00$25.00Aug 7$0.80$0.80$0.204.00$25.20
$28.00$26.00Aug 21$1.41$1.41$0.592.39$26.59
$29.50$29.00Jul 10$0.20$0.20$0.300.67$29.30
$28.00$26.50Jul 24$0.53$0.53$0.970.55$27.47
$23.50$23.00Jul 17$0.17$0.17$0.330.52$23.33

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $0.53, cheapest $0.09)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$29.00Jul 10Jul 17$0.25520.3%68.0%
$28.00Jul 10Jul 17$0.28430.3%53.9%
$27.50Jul 10Jul 17$0.45382.0%58.0%
$27.00Jul 10Jul 17$0.48162.6%45.2%
$25.00Jul 10Jul 24$0.512243.2%49.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$27.50Jul 10Jul 17$0.09382.0%58.0%
$26.00Jul 10Jul 17$0.49223.0%53.9%
$26.50Jul 10Jul 17$0.5089.2%41.2%
$27.00Jul 10Jul 17$0.65162.6%45.2%
$23.00Jul 17Jul 24$0.9585.7%129.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 22 found (cheapest 0.60% of stock, avg 8.30%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$26.50Jul 10$0.12$0.04$0.16$26.34$26.660.60%
$27.00Jul 10$0.02$0.56$0.58$26.42$27.582.18%
$26.50Jul 17$0.69$0.54$1.23$25.27$27.734.63%
$26.00Jul 10$1.35$0.02$1.37$24.63$27.375.15%
$26.00Jul 17$0.87$0.51$1.38$24.62$27.385.19%
$28.00Jul 17$0.30$1.27$1.57$26.43$29.575.90%
$27.50Jul 10$0.05$1.62$1.67$25.83$29.176.28%
$27.00Jul 17$0.50$1.21$1.71$25.29$28.716.43%
$25.50Jul 10$1.72$0.02$1.74$23.76$27.246.54%
$28.00Jul 10$0.02$1.76$1.78$26.22$29.786.69%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 86 found (cheapest 0.15% of stock, avg 4.43%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$27.00$26.00Jul 10$0.02$0.02$0.04$25.96$27.04
$27.00$25.50Jul 10$0.02$0.02$0.04$25.46$27.04
$28.00$26.00Jul 10$0.02$0.02$0.04$25.96$28.04
$28.00$25.50Jul 10$0.02$0.02$0.04$25.46$28.04
$27.00$26.50Jul 10$0.02$0.04$0.06$26.44$27.06
$28.00$26.50Jul 10$0.02$0.04$0.06$26.44$28.06
$27.50$26.00Jul 10$0.05$0.02$0.07$25.93$27.57
$27.50$25.50Jul 10$0.05$0.02$0.07$25.43$27.57
$27.50$26.50Jul 10$0.05$0.04$0.09$26.41$27.59
$29.00$24.00Jul 24$0.25$0.13$0.38$23.62$29.38

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 30 found (best R:R 6.69, avg credit $0.51)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
26/2829/30Aug 21$1.74$0.266.69$26.26$30.74
26/2729/30Jul 17$0.81$0.194.26$26.19$29.81
26/2730/31Jul 17$0.78$0.223.55$26.22$30.78
23/2428/28Jul 17$0.37$0.132.85$23.13$27.87
23/2426/27Jul 17$0.36$0.142.57$23.14$26.86
23/2426/26Jul 17$0.35$0.152.33$23.15$26.35
25/2629/30Aug 21$0.65$0.351.86$25.35$29.65
27/2829/30Jul 17$0.64$0.361.78$26.86$29.64
25/2628/29Aug 21$0.63$0.371.70$25.37$28.63
27/2830/31Jul 17$0.61$0.391.56$26.89$30.61

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 9 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$28.00$29.00$30.00Jul 24$0.05$0.9519.00
$28.00$28.50$29.00Jul 17$0.10$0.404.00
$26.50$27.00$27.50Jul 10$0.13$0.372.85
$27.50$28.00$28.50Jul 17$0.13$0.372.85
$26.50$27.00$27.50Jul 17$0.19$0.311.63
PUTS (3)
LowMidHighExpiryDebitMax GainR:R
$24.00$25.00$26.00Aug 21$0.08$0.9211.50
$23.50$24.00$24.50Jul 17$0.30$0.200.67
$29.00$29.50$30.00Jul 10$0.32$0.180.56

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 35 found (best net $--, 21 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$28.00$29.001:2Jul 10$0.00$1.00
$27.00$28.001:2Aug 7-$0.09$0.91
$25.00$26.501:2Jul 24-$0.68$0.82
$28.00$29.001:2Aug 21-$0.28$0.72
$27.00$27.501:2Jul 10-$0.08$0.42
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$27.00$25.001:2Aug 14-$1.19$0.81
$26.00$25.001:2Aug 7-$0.20$0.80
$25.00$24.001:2Aug 21-$0.29$0.71
$28.00$26.501:2Jul 24-$0.91$0.59
$26.00$25.001:2Aug 21-$0.45$0.55

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 3.27%, avg 1.53%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$27.00Aug 21$0.870.471.5%3.27%4.81%3263.3K
$28.00Aug 21$0.870.375.3%3.27%8.57%21259.4K
$29.00Aug 21$0.530.289.1%1.99%11.06%54107.2K
$28.00Jul 31$0.520.305.3%1.96%7.26%1121.6K
$28.00Jul 24$0.450.315.3%1.69%7.00%1.8K20.1K
$27.00Jul 17$0.390.421.5%1.47%3.01%2.5K13.6K
$27.50Jul 17$0.380.363.4%1.43%4.85%60661
$28.00Jul 17$0.280.265.3%1.05%6.36%1.1K53.3K
$30.00Aug 21$0.240.1612.8%0.90%13.73%63042.0K
$28.50Jul 17$0.190.207.2%0.71%7.90%14811

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 30,119
Total Puts 43,316
Put/Call Ratio 1.44
Net Difference -13,197

Prior's Put/Call Breakdown

Total Calls 76,646
Total Puts 88,082
Put/Call Ratio 1.15
Net Difference -11,436

Prior 7-Day Put/Call Summary

Total Calls 219,580
Total Puts 439,336
Average Put/Call Ratio 1.88
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All