Tour v531
WBD
WARNER BROS DISCOVER Series A
$30.94 -0.03%
$30.95 (+0.03%)🌙
as of 10/02 06:51 PM
◀ 10/2 18:51 ▶

Option Volume

Detail
ℹ
Current (10/02) 35,922
Calls: 17,396 (48%)
Puts: 18,526 (52%)
Prior (10/01) 58,793
Calls: 41,980 (71%)
Puts: 16,813 (29%)
Current vs Prior -38.90%
Calls: -58.56% (Calls)
Puts: +10.19% (Puts)
Prior 7-Day Total 1,057,094
Calls: 443,112 (42%)
Puts: 613,982 (58%)
Prior 7-Day Average 176,182
Calls: 63,301 (42%)
Puts: 87,711 (58%)
Current vs Prior 7-Day Avg -79.61%
Calls: -72.52%
Puts: -78.88%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (10/02) $1.45M
Calls: $1.39M (96%)
Puts: $61.5K (4%)
Prior (10/01) $6.43M
Calls: $6.39M (99%)
Puts: $42.9K (1%)
Current vs Prior -77.47%
Calls: -78.28%
Puts: +43.14%
Prior 7-Day Total $55.45M
Calls: $52.70M (95%)
Puts: $2.75M (5%)
Prior 7-Day Average $9.24M
Calls: $7.53M (95%)
Puts: $393.2K (5%)
Current vs Prior 7-Day Avg -84.32%
Calls: -81.57%
Puts: -84.37%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (10/02) 1.06
Prior (10/01) 0.40
Current vs Prior +165.91%
Prior 7-Day Average 2.31
Current vs Prior 7-Day Avg -53.83%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (10/02) 1,051,726
Calls: 390,859 (37%)
Puts: 660,867 (63%)
Prior (10/01) 1,678,994
Calls: 489,989 (29%)
Puts: 1,189,005 (71%)
Current vs Prior -37.36%
Prior 7-Day Total 11,062,718
Calls: 3,245,865 (29%)
Puts: 7,816,853 (71%)
Prior 7-Day Average 1,580,388
Calls: 463,695 (29%)
Puts: 1,116,693 (71%)
Current vs Prior 7-Day Avg -33.45%
Sentiment BULLISH

Expected Move

Detail
ℹ
Expiry (10/02) | Next (10/09)Expiry (10/16) | Next (11/20)
Current 1.87% | 1.81%1.84% | 3.39%
Prior 1.58% | 1.78%1.91% | 3.42%
Current vs Prior +14.32% | +3.67%-3.36% | -0.91%
Prior 7-Day Avg 1.90% | 3.22%2.67% | 3.98%
Current vs 7-Day Avg -4.82% | -42.81%-31.03% | -14.72%
Prior 7-Day Eod 1.58% | 1.78%1.91% | 3.42%
Current vs 7-Day Eod +14.32% | +3.67%-3.36% | -0.91%
Sentiment BEARISHBULLISH

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 59.52% | 103.57%
Calls: 59.52% | 103.57%
Puts: 59.52% | 103.57%
Current vs 7-Day Avg +0.00% | -0.00%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 96% of dollar volume in calls ($1.39M) vs puts ($61.5K). Light premium activity with dollar volume down 77% vs prior. Slightly bearish P/C ratio of 1.06. P/C ratio rising 166% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
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 9 of results (avg 3.7%, best 1.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$28.00Oct 162.963.00$2.981.3%100.9641.5K
$30.50Oct 90.500.51$0.512.0%2.2K0.841.8K
$29.00Oct 21.921.97$1.942.6%3230.981.7K
$30.00Oct 160.991.02$1.003.0%450.9250.0K
$30.50Oct 160.500.52$0.513.9%3850.875.9K
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.58, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.50Oct 20.440.50$0.4712.8%810.8612.3K
$30.50Oct 160.500.52$0.513.9%3850.875.9K
$30.50Oct 90.500.51$0.512.0%2.2K0.841.8K
$30.00Oct 20.940.99$0.975.2%390.9214.9K
$30.00Oct 90.961.01$0.995.1%6010.911.5K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$31.00Oct 160.050.06$0.0616.7%1.9K0.771.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 25 found (avg delta 0.90, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$29.50Oct 20.012.00$1.00199.0%31.0055
$31.00Oct 300.010.02$0.0250.0%201.006.0K
$29.00Oct 21.921.97$1.942.6%3230.981.7K
$29.00Oct 91.882.00$1.946.2%2.3K0.961.0K
$28.00Oct 162.963.00$2.981.3%100.9641.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$32.00Oct 20.004.95$2.48199.6%11.001
$28.00Nov 60.004.95$2.48199.6%101.00--
$31.50Oct 20.004.95$2.48199.6%10.951
$31.00Oct 20.050.17$0.11109.1%220.84318
$31.00Oct 160.050.06$0.0616.7%1.9K0.771.4K

Most actively traded options today. High liquidity = easy entry/exit. 58 active (total vol 27.7K, top 3.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$33.00Oct 90.000.01$0.01100.0%3.7K0.014
$32.00Oct 90.000.01$0.01100.0%3.0K0.03331
$29.00Oct 91.882.00$1.946.2%2.3K0.961.0K
$30.50Oct 90.500.51$0.512.0%2.2K0.841.8K
$31.50Oct 90.000.01$0.01100.0%1.2K0.04374
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Oct 90.020.04$0.0366.7%3.6K0.09556
$28.00Oct 160.020.03$0.0333.3%3.5K0.0453.4K
$31.00Oct 160.050.06$0.0616.7%1.9K0.771.4K
$28.50Oct 90.000.02$0.01200.0%9390.02--
$28.50Oct 160.000.04$0.02200.0%5600.04--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 3712.7%, max 7503.1%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$28.00Oct 2Oct 162176.8%28.6%7503.1%1141.6K
$31.00Oct 2Nov 1325.7%1.0%2388.3%11320.9K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$31.00Oct 2Oct 1625.7%1.9%1246.7%2.0K1.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 3 found (best R:R 1.27, avg 1.99)

BULL CALL (2)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$29.50$30.00Oct 9$0.22$0.28$0.2295%1.27$29.72
$27.00$28.00Oct 2$0.59$0.41$0.5984%0.69$27.59
BEAR PUT (1)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$31.00$30.50Oct 2$0.10$0.40$0.1084%4.00$30.90

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

No setups found for this strategy

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 12 found (cheapest 0.23% of stock, avg 2.99%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$31.00Oct 9$0.02$0.05$0.07$30.93$31.070.23%
$31.00Oct 16$0.02$0.06$0.08$30.92$31.080.26%
$31.00Oct 2$0.01$0.11$0.12$30.88$31.120.39%
$30.50Oct 2$0.47$0.01$0.48$30.02$30.981.55%
$30.50Oct 9$0.51$0.04$0.55$29.95$31.051.78%
$30.50Oct 16$0.51$0.04$0.55$29.95$31.051.78%
$30.00Oct 2$0.97$0.01$0.98$29.02$30.983.17%
$30.00Oct 9$0.99$0.03$1.02$28.98$31.023.30%
$30.00Oct 16$1.00$0.04$1.04$28.96$31.043.36%
$29.50Oct 9$1.21$0.02$1.23$28.27$30.733.98%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 9 found (cheapest 0.06% of stock, avg 0.14%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$31.00$30.50Oct 2$0.01$0.01$0.02$30.48$31.02
$31.00$30.00Oct 2$0.01$0.01$0.02$29.98$31.02
$31.00$29.00Oct 23$0.02$0.02$0.04$28.96$31.04
$31.00$28.00Oct 23$0.02$0.02$0.04$27.96$31.04
$31.00$29.50Oct 9$0.02$0.02$0.04$29.46$31.04
$31.00$30.00Oct 9$0.02$0.03$0.05$29.95$31.05
$31.00$30.50Oct 16$0.02$0.04$0.06$30.44$31.06
$31.00$30.50Oct 9$0.02$0.04$0.06$30.44$31.06
$31.00$30.00Oct 16$0.02$0.04$0.06$29.94$31.06

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

No iron condor setups found

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 3 found (best R:R 4.00, cheapest $0.10)

CALLS (1)
LowMidHighExpiryDebitMax GainPOPR:R
$30.50$31.00$31.50Oct 9$0.48$0.0280%0.04
PUTS (2)
LowMidHighExpiryDebitMax GainPOPR:R
$30.00$30.50$31.00Oct 2$0.10$0.4076%4.00
$28.00$29.00$30.00Oct 30$0.13$0.871%6.69

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 13 found (best net $-0.13, 7 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$28.00$29.001:2Oct 2-$0.13$0.87
$29.00$29.501:2Oct 2-$0.06$0.44
$31.00$32.001:2Oct 30$0.00$1.00
$31.00$33.001:2Oct 2-$0.01$1.99
$29.00$29.501:2Oct 9-$0.48$0.02
PUTS (3)
Buy KSell KRatioExpiryNetMax Gain
$30.00$29.001:2Oct 30$0.00$1.00
$29.00$28.001:2Oct 30-$0.24$0.76
$31.00$30.501:2Oct 2$0.09$0.41

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

No covered call setups found

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 17,396
Total Puts 18,526
Put/Call Ratio 1.06
Net Difference -1,130

Prior's Put/Call Breakdown

Total Calls 41,980
Total Puts 16,813
Put/Call Ratio 0.40
Net Difference 25,167

Prior 7-Day Put/Call Summary

Total Calls 443,112
Total Puts 613,982
Average Put/Call Ratio 2.31
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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