Tour v531
WBD
WARNER BROS DISCOVER Series A
$30.95 +0.03%
$30.98 (+0.10%)🌙
as of 10/05 06:56 PM
◀ 10/5 18:56 ▶

Option Volume

Detail
ℹ
Current (10/05) 23,703
Calls: 12,941 (55%)
Puts: 10,762 (45%)
Prior (10/02) 35,922
Calls: 17,396 (48%)
Puts: 18,526 (52%)
Current vs Prior -34.02%
Calls: -25.61% (Calls)
Puts: -41.91% (Puts)
Prior 7-Day Total 425,020
Calls: 108,486 (26%)
Puts: 316,534 (74%)
Prior 7-Day Average 70,836
Calls: 15,498 (26%)
Puts: 45,219 (74%)
Current vs Prior 7-Day Avg -66.54%
Calls: -16.50%
Puts: -76.20%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (10/05) $915.0K
Calls: $895.0K (98%)
Puts: $20.0K (2%)
Prior (10/02) $1.45M
Calls: $1.39M (96%)
Puts: $61.5K (4%)
Current vs Prior -36.86%
Calls: -35.51%
Puts: -67.53%
Prior 7-Day Total $13.41M
Calls: $12.38M (92%)
Puts: $1.04M (8%)
Prior 7-Day Average $2.24M
Calls: $1.77M (92%)
Puts: $148.0K (8%)
Current vs Prior 7-Day Avg -59.07%
Calls: -49.38%
Puts: -86.51%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (10/05) 0.83
Prior (10/02) 1.06
Current vs Prior -21.91%
Prior 7-Day Average 2.33
Current vs Prior 7-Day Avg -64.32%
Sentiment NEUTRAL

Open Interest

Detail
ℹ
Current (10/05) 558,121
Calls: 405,070 (73%)
Puts: 153,051 (27%)
Prior (10/02) 1,051,726
Calls: 390,859 (37%)
Puts: 660,867 (63%)
Current vs Prior -46.93%
Prior 7-Day Total 10,017,659
Calls: 2,965,883 (30%)
Puts: 7,051,776 (70%)
Prior 7-Day Average 1,431,094
Calls: 423,697 (30%)
Puts: 1,007,396 (70%)
Current vs Prior 7-Day Avg -61.00%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (10/09) | Next (10/16)Expiry (10/16) | Next (11/20)
Current 1.74% | 1.65%1.65% | 3.33%
Prior 1.81% | 1.84%1.84% | 3.39%
Current vs Prior -3.60% | -10.56%-10.56% | -1.94%
Prior 7-Day Avg 1.87% | 3.14%2.14% | 3.67%
Current vs 7-Day Avg -6.83% | -47.54%-23.04% | -9.36%
Prior 7-Day Eod 1.81% | 1.84%1.84% | 3.39%
Current vs 7-Day Eod -3.60% | -10.56%-10.56% | -1.94%
Sentiment BULLISHBULLISH

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 98% of dollar volume in calls ($895.0K) vs puts ($20.0K). P/C ratio dropping 22% - sentiment shifting bullish. Call-heavy open interest (405,070 calls vs 153,051 puts) suggests bullish positioning. Declining open interest (down 47%) indicates positions being closed.

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 BULLISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
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 3.8%, best 0.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$28.00Oct 162.983.00$2.990.7%4150.9941.5K
$29.00Oct 161.992.02$2.011.5%70.9892.8K
$30.00Oct 91.001.02$1.012.0%3740.972.1K
$30.00Oct 231.001.03$1.022.9%10.94--
$30.00Oct 160.991.02$1.003.0%4500.9450.0K
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.50, cheapest $0.48)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.50Oct 160.440.52$0.4816.7%9640.915.9K
$30.50Oct 230.510.53$0.523.8%150.92--
$30.50Oct 90.500.52$0.513.9%5260.894.0K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 25 found (avg delta 0.92, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$29.00Oct 230.404.75$2.58168.6%201.00--
$29.00Oct 301.412.03$1.7236.0%231.00660
$30.00Nov 60.521.03$0.7865.4%21.00--
$25.00Oct 94.358.50$6.4364.5%130.99--
$26.00Oct 93.257.50$5.3879.0%10.99--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$31.00Oct 90.010.04$0.03100.0%2441.00510
$32.00Oct 90.003.45$1.73199.4%51.00--
$31.00Nov 130.024.95$2.49198.0%20.90--
$31.00Nov 60.020.06$0.04100.0%10.80--
$31.00Oct 160.010.04$0.03100.0%8520.723.4K

Most actively traded options today. High liquidity = easy entry/exit. 47 active (total vol 15.5K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$31.00Oct 160.010.02$0.0250.0%1.8K0.2930.9K
$31.50Oct 90.000.01$0.01100.0%1.5K0.041.6K
$29.50Oct 91.401.52$1.468.2%1.1K0.982.8K
$30.50Oct 160.440.52$0.4816.7%9640.915.9K
$31.00Oct 90.010.02$0.0250.0%9440.363.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Oct 90.000.01$0.01100.0%2.4K0.034.0K
$31.00Oct 160.010.04$0.03100.0%8520.723.4K
$28.00Oct 160.000.01$0.01100.0%6230.0153.3K
$30.50Oct 160.010.02$0.0250.0%5430.09538
$29.00Oct 90.000.01$0.01100.0%3990.012.6K

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

No setups found for this strategy

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

No setups found for this strategy

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. 16 found (cheapest 0.13% of stock, avg 3.99%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$31.00Oct 23$0.02$0.02$0.04$30.96$31.040.13%
$31.00Oct 9$0.02$0.03$0.05$30.95$31.050.16%
$31.00Oct 16$0.02$0.03$0.05$30.95$31.050.16%
$30.50Oct 16$0.48$0.02$0.50$30.00$31.001.62%
$30.50Oct 9$0.51$0.02$0.53$29.97$31.031.71%
$30.50Oct 23$0.52$0.02$0.54$29.96$31.041.74%
$30.00Oct 30$0.77$0.02$0.79$29.21$30.792.55%
$30.00Nov 6$0.78$0.01$0.79$29.21$30.792.55%
$30.00Oct 9$1.01$0.01$1.02$28.98$31.023.30%
$30.00Oct 16$1.00$0.02$1.02$28.98$31.023.30%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 5 found (cheapest 0.13% of stock, avg 0.13%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$31.00$30.00Oct 30$0.02$0.02$0.04$29.96$31.04
$31.00$30.50Oct 16$0.02$0.02$0.04$30.46$31.04
$31.00$30.50Oct 23$0.02$0.02$0.04$30.46$31.04
$31.00$30.00Oct 16$0.02$0.02$0.04$29.96$31.04
$31.00$30.50Oct 9$0.02$0.02$0.04$30.46$31.04

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. 4 found (best R:R 4.00, cheapest $0.06)

CALLS (4)
LowMidHighExpiryDebitMax GainPOPR:R
$29.00$30.00$31.00Oct 30$0.20$0.8076%4.00
$30.00$30.50$31.00Oct 16$0.06$0.4466%7.33
$30.50$31.00$31.50Oct 9$0.48$0.0285%0.04
$25.00$26.00$27.00Oct 9$0.12$0.880%7.33
PUTS (0)
No puts found

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 9 found (best net $-0.40, 3 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$28.00$29.001:2Oct 9-$0.40$0.60
$31.00$33.001:2Oct 23$0.00$2.00
$31.00$32.001:2Oct 16$0.00$1.00
$29.00$30.001:2Oct 30$0.18$0.82
$29.00$30.001:2Oct 23$0.54$0.46
PUTS (0)
No puts found

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 12,941
Total Puts 10,762
Put/Call Ratio 0.83
Net Difference 2,179

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 108,486
Total Puts 316,534
Average Put/Call Ratio 2.33
Ratio Trend Falling

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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