Tour v500
WBD
WARNER BROS DISCOVER Series A
$26.87 +0.34%
$26.92 (+0.19%)🌙
as of 08/10 07:20 PM
(8/7 19:20) ◀
|
Monday, August 10, 2026 (7:20pm)
January 2026
|
▶ (8/11 19:21)
◀ 8/10 19:20 ▶

Option Volume

Detail
ℹ
Current (08/10) 36,534
Calls: 23,194 (63%)
Puts: 13,340 (37%)
Prior (08/07) 111,082
Calls: 61,393 (55%)
Puts: 49,689 (45%)
Current vs Prior -67.11%
Calls: -62.22% (Calls)
Puts: -73.15% (Puts)
Prior 7-Day Total 746,019
Calls: 268,712 (36%)
Puts: 477,307 (64%)
Prior 7-Day Average 106,574
Calls: 38,387 (36%)
Puts: 68,186 (64%)
Current vs Prior 7-Day Avg -65.72%
Calls: -39.58%
Puts: -80.44%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/10) $2.08M
Calls: $1.47M (71%)
Puts: $610.8K (29%)
Prior (08/07) $7.35M
Calls: $4.11M (56%)
Puts: $3.24M (44%)
Current vs Prior -71.73%
Calls: -64.29%
Puts: -81.16%
Prior 7-Day Total $65.36M
Calls: $17.66M (27%)
Puts: $47.70M (73%)
Prior 7-Day Average $9.34M
Calls: $2.52M (27%)
Puts: $6.81M (73%)
Current vs Prior 7-Day Avg -77.75%
Calls: -41.87%
Puts: -91.04%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/10) 0.58
Prior (08/07) 0.81
Current vs Prior -28.94%
Prior 7-Day Average 2.60
Current vs Prior 7-Day Avg -77.85%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (08/10) 1,822,523
Calls: 753,714 (41%)
Puts: 1,068,809 (59%)
Prior (08/07) 1,551,702
Calls: 628,094 (40%)
Puts: 923,608 (60%)
Current vs Prior +17.45%
Prior 7-Day Total 12,191,860
Calls: 4,165,145 (34%)
Puts: 8,026,715 (66%)
Prior 7-Day Average 1,741,694
Calls: 595,020 (34%)
Puts: 1,146,673 (66%)
Current vs Prior 7-Day Avg +4.64%
Sentiment BULLISH

Expected Move

Detail
ℹ
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 3.05% | 6.40%6.40% | 8.11%
Prior 2.09% | 2.58%2.58% | 6.61%
Current vs Prior +45.94% | +148.44%+148.45% | +22.75%
Prior 7-Day Avg 3.71% | 7.68%7.17% | 7.94%
Current vs 7-Day Avg -17.71% | -16.66%-10.72% | +2.15%
Prior 7-Day Eod 2.09% | 2.58%2.58% | 6.61%
Current vs 7-Day Eod +45.94% | +148.44%+148.45% | +22.75%
Sentiment BEARISHBEARISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 59.52% | 103.57%
Calls: 59.52% | 103.57%
Puts: -- | --
Prior 59.52% | 103.57%
Calls: 59.52% | 103.57%
Puts: -- | --
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 52.26% | 124.06%
Calls: 53.75% | 101.02%
Puts: 47.26% | 164.50%
Current vs 7-Day Avg +13.90% | -16.51%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Moderately bullish flow with 71% call dollar volume ($1.47M). Light premium activity with dollar volume down 72% vs prior. Below-average activity with volume down 67% vs prior. Bullish P/C ratio of 0.58.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BEARISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
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 1 of results (avg 7.1%, best 7.1%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$28.00Aug 210.130.14$0.147.1%1.6K0.21116.7K
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.14, cheapest $0.14)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$28.00Aug 210.130.14$0.147.1%1.6K0.21116.7K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 21 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$22.00Aug 143.506.95$5.2366.0%21.00--
$24.00Aug 141.934.95$3.4487.8%10.99--
$24.50Aug 141.704.50$3.1090.3%20.99--
$23.00Aug 213.006.00$4.5066.7%40.993
$23.50Aug 212.795.50$4.1465.5%40.99--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$28.50Aug 140.693.60$2.15135.3%61.00--
$27.00Aug 280.012.04$1.02199.0%170.5918
$27.00Aug 140.040.35$0.19163.2%1360.57373
$27.00Sep 180.361.41$0.89118.0%70.5315.3K
$27.00Aug 210.090.58$0.34144.1%360.525.9K

Most actively traded options today. High liquidity = easy entry/exit. 60 active (total vol 23.0K, top 7.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$28.00Sep 180.300.40$0.3528.6%7.7K0.2949.3K
$27.00Aug 210.340.42$0.3821.1%2.6K0.5214.9K
$26.00Sep 181.171.40$1.2917.8%1.9K0.71389
$28.00Aug 210.130.14$0.147.1%1.6K0.21116.7K
$27.00Aug 140.120.23$0.1861.1%8670.48856
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Sep 180.040.26$0.15146.7%2.5K0.1526.8K
$25.00Aug 210.020.05$0.0475.0%1.1K0.0661.9K
$24.00Aug 210.000.05$0.03166.7%4500.0417.9K
$26.00Sep 180.200.43$0.3271.9%4010.3025.1K
$27.00Aug 140.040.35$0.19163.2%1360.57373

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 60.5%, max 158.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$31.00Aug 14Sep 1856.6%21.9%158.5%32--
$30.50Aug 14Aug 2196.3%47.9%101.3%31
$25.00Aug 14Sep 1833.9%21.0%61.2%1219.2K
$29.00Aug 14Sep 1840.6%25.5%59.3%43633.7K
$26.00Aug 21Sep 1827.1%18.1%49.4%2.3K8.8K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$25.00Aug 21Sep 1829.2%21.0%38.7%3.6K88.7K
$26.00Aug 14Sep 1822.4%18.1%23.7%41325.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 16 found (best R:R 15.67, avg 3.64)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$29.00$30.00Sep 18$0.11$0.89$0.118.09$29.11
$28.00$29.00Sep 18$0.14$0.86$0.146.14$28.14
$27.00$27.50Aug 14$0.13$0.37$0.132.85$27.13
$30.50$31.00Aug 14$0.14$0.36$0.142.57$30.64
$26.00$27.00Aug 28$0.31$0.69$0.312.23$26.31
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$25.00$23.00Sep 18$0.12$1.88$0.1215.67$24.88
$26.00$25.00Sep 18$0.17$0.83$0.174.88$25.83
$27.00$26.00Aug 21$0.19$0.81$0.194.26$26.81
$27.00$26.50Aug 14$0.14$0.36$0.142.57$26.86
$25.50$25.00Aug 21$0.15$0.35$0.152.33$25.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 21 found (best R:R 8.52, avg 1.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$22.00$24.00Aug 14$1.79$1.79$0.218.52$23.79
$25.00$26.00Sep 18$0.77$0.77$0.233.35$25.77
$23.00$23.50Aug 21$0.36$0.36$0.142.57$23.36
$24.00$24.50Aug 14$0.34$0.34$0.162.12$24.34
$22.00$23.00Sep 4$0.57$0.57$0.431.33$22.57
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$26.50$25.00Aug 28$1.17$1.17$0.333.55$25.33
$27.00$26.00Sep 18$0.57$0.57$0.431.33$26.43
$25.50$25.00Aug 21$0.15$0.15$0.350.43$25.35
$27.00$26.50Aug 14$0.14$0.14$0.360.39$26.86
$27.00$26.00Aug 21$0.19$0.19$0.810.23$26.81

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $0.36, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$23.00Aug 21Sep 4$0.0843.0%88.2%
$28.00Aug 14Aug 21$0.1125.4%24.9%
$27.00Aug 14Aug 21$0.2017.0%17.9%
$27.50Aug 14Aug 21$0.4919.0%40.3%
$26.50Aug 14Aug 21$0.7518.4%18.8%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$26.00Aug 14Aug 21$0.1322.4%27.1%
$27.00Aug 14Aug 21$0.1517.0%17.9%
$25.50Aug 14Aug 21$0.1826.1%38.4%
$26.50Aug 14Aug 28$1.1818.4%33.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 10 found (cheapest 1.38% of stock, avg 5.10%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$27.00Aug 14$0.18$0.19$0.37$26.63$27.371.38%
$26.50Aug 14$0.63$0.05$0.68$25.82$27.182.53%
$27.00Aug 21$0.38$0.34$0.72$26.28$27.722.68%
$26.00Aug 21$0.83$0.15$0.98$25.02$26.983.65%
$27.00Aug 28$0.52$1.02$1.54$25.46$28.545.73%
$26.00Sep 18$1.29$0.32$1.61$24.39$27.615.99%
$27.00Sep 18$0.75$0.89$1.64$25.36$28.646.10%
$25.50Aug 14$1.76$0.01$1.77$23.73$27.276.59%
$28.50Aug 14$0.02$2.15$2.17$26.33$30.678.08%
$25.00Sep 18$2.06$0.15$2.21$22.79$27.218.22%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 40 found (cheapest 0.19% of stock, avg 1.71%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$28.00$26.00Aug 14$0.03$0.02$0.05$25.95$28.05
$27.50$26.00Aug 14$0.05$0.02$0.07$25.93$27.57
$28.00$26.50Aug 14$0.03$0.05$0.08$26.42$28.08
$27.50$26.50Aug 14$0.05$0.05$0.10$26.40$27.60
$29.00$25.00Aug 21$0.06$0.04$0.10$24.90$29.10
$30.00$25.00Aug 28$0.05$0.06$0.11$24.89$30.11
$30.50$25.00Aug 21$0.08$0.04$0.12$24.88$30.62
$29.00$25.00Aug 28$0.10$0.06$0.16$24.84$29.16
$30.50$26.00Aug 14$0.15$0.02$0.17$25.83$30.67
$28.00$25.00Aug 21$0.14$0.04$0.18$24.82$28.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 2.45, avg credit $0.46)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
26/2728/29Sep 18$0.71$0.292.45$26.29$28.71
26/2729/30Sep 18$0.68$0.322.13$26.32$29.68
26/2728/28Aug 21$0.59$0.411.44$26.41$28.09
25/2627/28Sep 18$0.57$0.431.33$25.43$27.57
26/2730/31Aug 14$0.28$0.221.27$26.72$30.78
26/2730/30Aug 21$0.45$0.550.82$26.55$29.95
23/2526/27Sep 18$0.66$1.340.49$24.34$26.66
25/2628/29Sep 18$0.31$0.690.45$25.69$28.31
25/2629/30Sep 18$0.28$0.720.39$25.72$29.28
23/2527/28Sep 18$0.52$1.480.35$24.48$27.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 9 found (best R:R 6.14, cheapest $0.11)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$26.00$27.00$28.00Sep 18$0.14$0.866.14
$27.00$27.50$28.00Aug 14$0.11$0.393.55
$25.00$26.00$27.00Sep 18$0.23$0.773.35
$27.00$28.00$29.00Sep 18$0.26$0.742.85
$27.00$28.00$29.00Aug 28$0.28$0.722.57
PUTS (2)
LowMidHighExpiryDebitMax GainR:R
$26.00$26.50$27.00Aug 14$0.11$0.393.55
$25.00$26.00$27.00Sep 18$0.40$0.601.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 27 found (best net $-0.28, 9 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$29.00$30.501:2Aug 14-$0.28$1.22
$29.00$30.001:2Aug 28$0.00$1.00
$28.00$29.001:2Sep 18-$0.07$0.93
$26.00$27.001:2Aug 28-$0.21$0.79
$26.00$27.001:2Sep 18-$0.21$0.79
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$26.00$25.501:2Aug 21-$0.23$0.27
$24.00$22.001:2Aug 21$0.01$1.99
$25.00$23.001:2Sep 18$0.09$1.91
$27.00$26.001:2Sep 18$0.25$0.75
$27.00$26.501:2Aug 14$0.09$0.41

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 10 found (best yield 2.27%, avg 0.84%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$27.00Sep 18$0.610.470.5%2.27%2.75%60316.9K
$27.00Aug 28$0.350.420.5%1.30%1.79%1231
$27.00Aug 21$0.340.520.5%1.27%1.75%2.6K14.9K
$28.00Sep 18$0.300.294.2%1.12%5.32%7.7K49.3K
$29.00Sep 18$0.170.187.9%0.63%8.56%42833.7K
$28.00Aug 21$0.130.214.2%0.48%4.69%1.6K116.7K
$27.00Aug 14$0.120.480.5%0.45%0.93%867856
$28.00Aug 28$0.090.194.2%0.33%4.54%2--
$27.50Aug 21$0.080.412.3%0.30%2.64%121.5K
$29.00Aug 28$0.060.117.9%0.22%8.15%50544

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 23,194
Total Puts 13,340
Put/Call Ratio 0.58
Net Difference 9,854

Prior's Put/Call Breakdown

Total Calls 61,393
Total Puts 49,689
Put/Call Ratio 0.81
Net Difference 11,704

Prior 7-Day Put/Call Summary

Total Calls 268,712
Total Puts 477,307
Average Put/Call Ratio 2.60
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