Tour v325
WBD
WARNER BROS DISCOVER Series A
$27.09 +1.88%
$27.00 (-0.32%)🌙
as of 07/13 07:12 PM
7/13 19:12

Option Volume

Detail
Current (07/13) 264,420
Calls: 169,609 (64%)
Puts: 94,811 (36%)
Prior (07/10) 73,435
Calls: 30,119 (41%)
Puts: 43,316 (59%)
Current vs Prior +260.07%
Calls: +463.13% (Calls)
Puts: +118.88% (Puts)
Prior 7-Day Total 707,115
Calls: 241,477 (34%)
Puts: 465,638 (66%)
Prior 7-Day Average 101,016
Calls: 34,496 (34%)
Puts: 66,519 (66%)
Current vs Prior 7-Day Avg +161.76%
Calls: +391.67%
Puts: +42.53%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/13) $13.78M
Calls: $8.82M (64%)
Puts: $4.97M (36%)
Prior (07/10) $5.19M
Calls: $2.09M (40%)
Puts: $3.10M (60%)
Current vs Prior +165.32%
Calls: +321.47%
Puts: +60.07%
Prior 7-Day Total $63.40M
Calls: $18.31M (29%)
Puts: $45.09M (71%)
Prior 7-Day Average $9.06M
Calls: $2.62M (29%)
Puts: $6.44M (71%)
Current vs Prior 7-Day Avg +52.17%
Calls: +236.96%
Puts: -22.89%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/13) 0.56
Prior (07/10) 1.44
Current vs Prior -61.13%
Prior 7-Day Average 1.79
Current vs Prior 7-Day Avg -68.78%
Sentiment BULLISH

Open Interest

Detail
Current (07/13) 1,975,531
Calls: 643,017 (33%)
Puts: 1,332,514 (67%)
Prior (07/10) 1,614,261
Calls: 525,360 (33%)
Puts: 1,088,901 (67%)
Current vs Prior +22.38%
Prior 7-Day Total 10,160,404
Calls: 3,570,333 (35%)
Puts: 6,590,071 (65%)
Prior 7-Day Average 1,451,486
Calls: 510,047 (35%)
Puts: 941,438 (65%)
Current vs Prior 7-Day Avg +36.10%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 4.50% | 8.05%4.50% | 11.85%
Prior 7.15% | 12.34%7.15% | 13.31%
Current vs Prior -36.97% | -34.76%-36.97% | -11.00%
Prior 7-Day Avg 5.55% | 9.27%7.80% | 14.81%
Current vs 7-Day Avg -18.90% | -13.19%-42.23% | -20.01%
Prior 7-Day Eod 7.15% | 12.34%7.15% | 13.31%
Current vs 7-Day Eod -36.97% | -34.76%-36.97% | -11.00%
Sentiment BULLISHBULLISH

Relative Spread

Detail
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

Moderately bullish flow with 64% call dollar volume ($8.82M). Massive premium surge with dollar volume up 165% vs prior. Dollar volume significantly above 7-day average (52% higher). Unusually high activity with volume up 260% vs prior - elevated interest.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BEARISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
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 1 of results (avg 8.7%, best 8.7%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Aug 210.440.48$0.468.7%18.4K0.2420.8K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.39, cheapest $0.27)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Aug 210.250.28$0.2711.1%6080.1742.0K
$29.00Aug 210.500.59$0.5416.7%12.2K0.29107.2K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.00Jul 170.270.30$0.2910.3%8.6K0.4322.7K
$25.00Aug 210.440.48$0.468.7%18.4K0.2420.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 28 found (avg delta 0.74, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$22.00Jul 173.357.20$5.2872.9%10.99--
$23.00Jul 172.376.15$4.2688.7%10.99--
$24.00Jul 171.095.20$3.15130.5%30.98--
$22.00Aug 213.207.40$5.3079.2%350.9625
$25.00Jul 170.554.00$2.28151.3%530.96165
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$29.00Jul 170.863.65$2.26123.5%400.93556
$29.00Jul 240.174.15$2.16184.3%150.86--
$28.00Jul 170.231.67$0.95151.6%370.8010.1K
$28.50Jul 240.003.80$1.90200.0%40.6615
$27.50Jul 170.051.52$0.79186.1%400.6365

Most actively traded options today. High liquidity = easy entry/exit. 82 active (total vol 181.8K, top 29.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$29.00Jul 170.010.09$0.05160.0%29.7K0.0966.8K
$28.00Jul 240.250.48$0.3762.2%19.9K0.3421.8K
$30.00Jul 240.010.14$0.08162.5%18.7K0.0918.8K
$29.00Aug 210.500.59$0.5416.7%12.2K0.29107.2K
$28.00Jul 170.090.15$0.1250.0%10.1K0.2153.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$26.00Jul 170.040.07$0.0650.0%24.7K0.1128.6K
$25.00Aug 210.440.48$0.468.7%18.4K0.2420.8K
$27.00Jul 170.270.30$0.2910.3%8.6K0.4322.7K
$25.00Jul 240.020.20$0.11163.6%7.0K0.111.4K
$25.00Jul 170.010.04$0.03100.0%2.1K0.0580.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 11 strikes (avg 54.4%, max 199.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$31.00Jul 17Aug 2154.5%18.2%199.7%1.6K11.5K
$22.00Jul 17Aug 2182.9%40.7%103.7%3625
$30.50Jul 17Jul 2462.1%40.4%53.5%32
$30.00Jul 17Aug 2150.4%33.5%50.2%1.0K62.7K
$25.00Jul 17Aug 2147.5%35.0%35.7%73179
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$23.00Jul 17Aug 2167.0%38.7%73.1%86674.2K
$25.00Jul 17Aug 2147.5%35.0%35.7%20.5K101.0K
$26.00Jul 17Aug 2134.7%32.0%8.7%24.8K33.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 20 found (best R:R 7.33, avg 2.92)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$27.00$28.00Aug 14$0.12$0.88$0.127.33$27.12
$30.00$31.00Jul 31$0.14$0.86$0.146.14$30.14
$28.00$29.00Aug 7$0.19$0.81$0.194.26$28.19
$30.00$31.00Aug 21$0.26$0.74$0.262.85$30.26
$29.00$30.00Aug 21$0.27$0.73$0.272.70$29.27
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$25.00$23.00Aug 21$0.30$1.70$0.305.67$24.70
$27.00$25.00Aug 7$0.31$1.69$0.315.45$26.69
$26.00$25.00Aug 21$0.24$0.76$0.243.17$25.76
$28.00$27.50Jul 17$0.16$0.34$0.162.13$27.84
$29.00$27.00Jul 31$0.79$1.21$0.791.53$28.21

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 27 found (best R:R 10.54, avg 1.59)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$22.00$25.00Aug 21$2.74$2.74$0.2610.54$24.74
$24.00$25.00Jul 17$0.87$0.87$0.136.69$24.87
$24.50$26.00Jul 24$1.14$1.14$0.363.17$25.64
$30.00$31.00Aug 14$0.73$0.73$0.272.70$30.73
$27.00$28.00Aug 21$0.49$0.49$0.510.96$27.49
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$28.00$27.00Aug 7$0.84$0.84$0.165.25$27.16
$26.50$25.00Jul 24$1.13$1.13$0.373.05$25.37
$27.00$26.00Aug 21$0.68$0.68$0.322.12$26.32
$29.00$28.50Jul 24$0.26$0.26$0.241.08$28.74
$28.00$27.00Aug 21$0.42$0.42$0.580.72$27.58

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 16 found (avg debit $0.38, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$30.00Jul 17Jul 24$0.0650.4%40.2%
$29.00Jul 17Jul 24$0.1346.2%38.6%
$27.00Jul 17Jul 24$0.2031.1%24.9%
$28.00Jul 17Jul 24$0.2536.7%35.6%
$26.50Jul 17Jul 24$0.2727.9%85.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$24.00Jul 17Jul 24$0.0660.5%50.8%
$27.00Jul 17Jul 24$0.0731.1%24.9%
$25.00Jul 17Jul 24$0.0847.5%42.0%
$23.00Jul 17Aug 21$0.1567.0%38.7%
$26.00Jul 17Jul 31$0.2734.7%18.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 22 found (cheapest 2.66% of stock, avg 8.62%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$27.00Jul 17$0.43$0.29$0.72$26.28$27.722.66%
$27.00Jul 24$0.63$0.36$0.99$26.01$27.993.65%
$27.50Jul 17$0.27$0.79$1.06$26.44$28.563.91%
$28.00Jul 17$0.12$0.95$1.07$26.93$29.073.95%
$26.00Jul 17$1.09$0.06$1.15$24.85$27.154.25%
$26.50Jul 17$1.26$0.09$1.35$25.15$27.854.98%
$25.50Jul 17$1.87$0.05$1.92$23.58$27.427.09%
$27.00Aug 7$1.13$0.99$2.12$24.88$29.127.83%
$25.00Jul 17$2.28$0.03$2.31$22.69$27.318.53%
$29.00Jul 17$0.05$2.26$2.31$26.69$31.318.53%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 62 found (cheapest 0.37% of stock, avg 2.78%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$29.00$25.50Jul 17$0.05$0.05$0.10$25.40$29.10
$29.00$26.00Jul 17$0.05$0.06$0.11$25.89$29.11
$28.50$25.50Jul 17$0.07$0.05$0.12$25.38$28.62
$29.00$24.50Jul 17$0.05$0.07$0.12$24.38$29.12
$28.50$26.00Jul 17$0.07$0.06$0.13$25.87$28.63
$30.50$24.00Jul 24$0.05$0.08$0.13$23.87$30.63
$28.50$24.50Jul 17$0.07$0.07$0.14$24.36$28.64
$29.00$26.50Jul 17$0.05$0.09$0.14$26.36$29.14
$28.50$26.50Jul 17$0.07$0.09$0.16$26.34$28.66
$30.00$24.00Jul 24$0.08$0.08$0.16$23.84$30.16

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 15 found (best R:R 2.70, avg credit $0.69)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
25/2627/28Aug 21$0.73$0.272.70$25.27$27.73
26/2728/28Jul 17$0.35$0.152.33$26.65$27.85
27/2829/31Aug 7$1.39$0.612.28$26.61$30.39
27/2829/30Aug 21$0.69$0.312.23$27.31$29.69
27/2830/31Aug 21$0.68$0.322.13$27.32$30.68
25/2628/29Aug 21$0.62$0.381.63$25.38$28.62
25/2629/30Aug 21$0.51$0.491.04$25.49$29.51
25/2630/31Aug 21$0.50$0.501.00$25.50$30.50
27/2930/31Jul 31$0.93$1.070.87$28.07$30.93
25/2729/31Aug 7$0.86$1.140.75$26.14$29.86

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 13 found (best R:R 11.50, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$27.00$28.00$29.00Aug 14$0.08$0.9211.50
$27.00$28.00$29.00Aug 21$0.11$0.898.09
$28.00$29.00$30.00Aug 21$0.11$0.898.09
$28.00$29.00$30.00Aug 14$0.12$0.887.33
$27.00$28.00$29.00Aug 7$0.18$0.824.56
PUTS (4)
LowMidHighExpiryDebitMax GainR:R
$24.50$25.00$25.50Jul 17$0.06$0.447.33
$26.00$26.50$27.00Jul 17$0.17$0.331.94
$25.00$26.00$27.00Aug 21$0.44$0.561.27
$26.50$27.00$27.50Jul 17$0.30$0.200.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 38 found (best net $-0.37, 21 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$31.00$32.001:2Aug 7$0.00$1.00
$29.00$30.001:2Aug 21$0.00$1.00
$24.50$26.001:2Jul 24-$0.56$0.94
$28.00$29.001:2Aug 21-$0.16$0.84
$28.00$29.001:2Aug 7-$0.38$0.62
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$27.00$25.001:2Aug 7-$0.37$1.63
$29.00$27.001:2Jul 31-$0.72$1.28
$26.00$24.001:2Jul 31-$0.87$1.13
$24.00$23.001:2Jul 17$0.00$1.00
$25.00$24.001:2Jul 24-$0.05$0.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 10 found (best yield 2.95%, avg 1.16%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$28.00Aug 21$0.800.403.4%2.95%6.31%9.8K59.4K
$28.00Aug 7$0.570.383.4%2.10%5.46%3279
$29.00Aug 21$0.500.297.0%1.85%8.90%12.2K107.2K
$28.00Jul 31$0.350.323.4%1.29%4.65%1.6K1.7K
$28.00Jul 24$0.250.343.4%0.92%4.28%19.9K21.8K
$30.00Aug 21$0.250.1710.7%0.92%11.66%60842.0K
$27.50Jul 17$0.140.371.5%0.52%2.03%2.4K665
$28.00Aug 14$0.130.343.4%0.48%3.84%104--
$28.00Jul 17$0.090.213.4%0.33%3.69%10.1K53.2K
$30.00Jul 31$0.060.1210.7%0.22%10.96%886.5K

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 169,609
Total Puts 94,811
Put/Call Ratio 0.56
Net Difference 74,798

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 241,477
Total Puts 465,638
Average Put/Call Ratio 1.79
Ratio Trend Falling

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