Tour v346
WBD
WARNER BROS DISCOVER Series A
$26.87 -1.54%
$26.88 (+0.04%)🌙
as of 07/17 07:29 PM
(7/16 19:12) ◀
|
Friday, July 17, 2026 (7:29pm)
January 2026
|
▶
◀ 7/17 19:29

Option Volume

Detail
ℹ
Current (07/17) 90,084
Calls: 34,927 (39%)
Puts: 55,157 (61%)
Prior (07/16) 98,644
Calls: 33,653 (34%)
Puts: 64,991 (66%)
Current vs Prior -8.68%
Calls: +3.79% (Calls)
Puts: -15.13% (Puts)
Prior 7-Day Total 831,883
Calls: 404,854 (49%)
Puts: 427,029 (51%)
Prior 7-Day Average 118,840
Calls: 57,836 (49%)
Puts: 61,004 (51%)
Current vs Prior 7-Day Avg -24.20%
Calls: -39.61%
Puts: -9.58%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/17) $4.73M
Calls: $1.48M (31%)
Puts: $3.26M (69%)
Prior (07/16) $9.78M
Calls: $2.36M (24%)
Puts: $7.42M (76%)
Current vs Prior -51.60%
Calls: -37.51%
Puts: -56.08%
Prior 7-Day Total $58.23M
Calls: $24.17M (42%)
Puts: $34.06M (58%)
Prior 7-Day Average $8.32M
Calls: $3.45M (42%)
Puts: $4.87M (58%)
Current vs Prior 7-Day Avg -43.11%
Calls: -57.27%
Puts: -33.06%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/17) 1.58
Prior (07/16) 1.93
Current vs Prior -18.23%
Prior 7-Day Average 1.37
Current vs Prior 7-Day Avg +15.33%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/17) 1,736,284
Calls: 703,223 (41%)
Puts: 1,033,061 (59%)
Prior (07/16) 1,845,555
Calls: 658,393 (36%)
Puts: 1,187,162 (64%)
Current vs Prior -5.92%
Prior 7-Day Total 11,774,307
Calls: 4,092,345 (35%)
Puts: 7,681,962 (65%)
Prior 7-Day Average 1,682,043
Calls: 584,620 (35%)
Puts: 1,097,423 (65%)
Current vs Prior 7-Day Avg +3.22%
Sentiment BULLISH

Expected Move

Detail
ℹ
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 5.25% | 3.76%5.25% | 9.53%
Prior 7.00% | 7.15%7.00% | 10.44%
Current vs Prior -46.29% | +50.52%-25.02% | -8.77%
Prior 7-Day Avg 5.36% | 8.47%6.18% | 11.99%
Current vs 7-Day Avg -29.85% | +27.03%-15.03% | -20.51%
Prior 7-Day Eod 7.00% | 7.15%7.00% | 10.44%
Current vs 7-Day Eod -46.29% | +50.52%-25.02% | -8.77%
Sentiment BULLISHBULLISH

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

Moderately bearish flow with 69% put dollar volume ($3.26M). Light premium activity with dollar volume down 52% vs prior. Extreme bearish P/C ratio of 1.58 - heavy put buying.

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 BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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 9.3%, best 9.3%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$29.00Aug 210.410.45$0.439.3%2.5K0.26130.8K
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 $0.33, cheapest $0.19)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Aug 210.170.20$0.1915.8%3.2K0.1452.2K
$29.00Aug 210.410.45$0.439.3%2.5K0.26130.8K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Aug 210.360.40$0.3810.5%1.7K0.2357.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 25 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.00Jul 171.344.00$2.6799.6%330.95169
$22.00Jul 174.007.00$5.5054.5%60.93--
$26.00Jul 170.692.99$1.84125.0%1900.931.7K
$26.50Jul 170.012.54$1.27199.2%280.91123
$24.00Jul 172.104.95$3.5380.7%30.90--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$28.00Jul 170.253.30$1.78171.3%811.0010.0K
$30.00Jul 171.575.15$3.36106.5%21.002
$30.00Jul 311.505.20$3.35110.4%20.91--
$28.00Jul 240.003.45$1.73199.4%20.81--
$27.50Jul 170.002.80$1.40200.0%1100.74114

Most actively traded options today. High liquidity = easy entry/exit. 74 active (total vol 50.0K, top 8.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Jul 240.000.12$0.06200.0%8.4K0.072.6K
$28.00Aug 210.260.79$0.53100.0%6.2K0.3469.4K
$28.00Jul 170.000.01$0.01100.0%3.5K0.0349.4K
$30.00Aug 210.170.20$0.1915.8%3.2K0.1452.2K
$29.00Aug 210.410.45$0.439.3%2.5K0.26130.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$25.50Jul 240.060.46$0.26153.8%6.1K0.22462
$27.00Jul 170.090.18$0.1464.3%3.3K0.7120.2K
$24.00Jul 170.000.25$0.13192.3%2.3K0.1024.9K
$25.00Aug 210.360.40$0.3810.5%1.7K0.2357.5K
$26.00Jul 240.050.20$0.13115.4%1.5K0.19366

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 20 strikes (avg 1106.9%, max 2968.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$24.50Jul 17Jul 312659.0%91.7%2799.0%4--
$30.00Jul 17Aug 28623.4%28.1%2119.6%6720.9K
$28.50Jul 17Jul 24577.9%40.2%1338.8%25198
$29.00Jul 17Aug 28451.0%35.6%1167.2%1.8K59.8K
$26.00Jul 17Aug 21318.2%31.7%905.1%3154.4K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$24.00Jul 17Aug 211238.9%40.4%2968.9%2.4K36.0K
$23.00Jul 17Aug 21882.8%38.1%2217.6%50113.6K
$25.00Jul 17Aug 21601.0%33.0%1721.0%2.4K139.3K
$27.50Jul 17Jul 24447.6%31.8%1309.2%188114
$30.00Jul 17Jul 31623.4%46.0%1255.0%42

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 23 found (best R:R 10.11, avg 3.07)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$28.00$30.00Jul 31$0.18$1.82$0.1810.11$28.18
$28.00$29.00Aug 21$0.10$0.90$0.109.00$28.10
$27.50$28.00Jul 24$0.10$0.40$0.104.00$27.60
$28.00$31.00Aug 7$0.61$2.39$0.613.92$28.61
$29.00$30.00Aug 21$0.24$0.76$0.243.17$29.24
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$24.00$23.00Jul 17$0.12$0.88$0.127.33$23.88
$24.00$23.00Aug 21$0.19$0.81$0.194.26$23.81
$27.00$26.50Jul 17$0.12$0.38$0.123.17$26.88
$26.50$26.00Jul 24$0.13$0.37$0.132.85$26.37
$26.00$25.00Aug 21$0.29$0.71$0.292.45$25.71

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 29 found (best R:R 5.67, avg 1.23)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$27.00$28.00Aug 7$0.85$0.85$0.155.67$27.85
$25.00$26.00Jul 17$0.83$0.83$0.174.88$25.83
$28.00$29.00Aug 28$0.75$0.75$0.253.00$28.75
$27.00$28.00Aug 21$0.55$0.55$0.451.22$27.55
$27.00$28.00Aug 28$0.43$0.43$0.570.75$27.43
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$30.00$28.00Jul 17$1.58$1.58$0.423.76$28.42
$28.00$27.50Jul 17$0.38$0.38$0.123.17$27.62
$27.00$25.00Aug 14$1.40$1.40$0.602.33$25.60
$28.00$27.00Aug 21$0.66$0.66$0.341.94$27.34
$30.00$26.50Jul 31$2.07$2.07$1.431.45$27.93

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $0.18, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$28.50Jul 17Jul 24$0.07577.9%40.2%
$29.00Jul 17Jul 24$0.07451.0%42.2%
$27.50Jul 17Jul 24$0.10447.6%31.8%
$28.00Jul 17Jul 24$0.14261.9%33.5%
$24.50Jul 17Jul 31$0.312659.0%91.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$26.00Jul 17Jul 24$0.11318.2%30.9%
$23.00Jul 17Aug 21$0.12882.8%38.1%
$27.50Jul 17Jul 24$0.13447.6%31.8%
$25.00Jul 17Jul 24$0.24601.0%66.0%
$26.50Jul 17Jul 24$0.24164.1%30.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 21 found (cheapest 0.78% of stock, avg 7.63%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$27.00Jul 17$0.07$0.14$0.21$26.79$27.210.78%
$27.00Jul 24$0.40$0.43$0.83$26.17$27.833.09%
$26.50Jul 24$0.58$0.26$0.84$25.66$27.343.13%
$26.00Jul 24$1.12$0.13$1.25$24.75$27.254.65%
$26.50Jul 17$1.27$0.02$1.29$25.21$27.794.80%
$27.50Jul 17$0.15$1.40$1.55$25.95$29.055.77%
$27.50Jul 24$0.25$1.53$1.78$25.72$29.286.62%
$28.00Jul 17$0.01$1.78$1.79$26.21$29.796.66%
$26.00Jul 17$1.84$0.02$1.86$24.14$27.866.92%
$28.00Jul 24$0.15$1.73$1.88$26.12$29.887.00%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 58 found (cheapest 0.30% of stock, avg 2.83%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$28.50$26.50Jul 17$0.06$0.02$0.08$26.42$28.58
$28.50$26.00Jul 17$0.06$0.02$0.08$25.92$28.58
$27.00$26.50Jul 17$0.07$0.02$0.09$26.41$27.09
$27.00$26.00Jul 17$0.07$0.02$0.09$25.91$27.09
$27.50$26.50Jul 17$0.15$0.02$0.17$26.33$27.67
$27.50$26.00Jul 17$0.15$0.02$0.17$25.83$27.67
$28.50$24.00Jul 17$0.06$0.13$0.19$23.81$28.69
$27.00$24.00Jul 17$0.07$0.13$0.20$23.80$27.20
$29.00$26.00Jul 24$0.08$0.13$0.21$25.79$29.21
$28.50$26.00Jul 24$0.13$0.13$0.26$25.74$28.76

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 15 found (best R:R 5.25, avg credit $0.47)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
25/2627/28Aug 21$0.84$0.165.25$25.16$27.84
23/2427/28Aug 21$0.74$0.262.85$23.26$27.74
26/2729/30Aug 21$0.72$0.282.57$26.28$29.72
23/2426/26Jul 17$0.69$0.312.23$23.31$26.69
26/2728/29Aug 21$0.58$0.421.38$26.42$28.58
26/2627/28Jul 24$0.28$0.221.27$26.22$27.28
26/2728/28Jul 24$0.27$0.231.17$26.73$27.77
25/2629/30Aug 21$0.53$0.471.13$25.47$29.53
26/2728/28Jul 17$0.26$0.241.08$26.74$27.76
23/2426/27Aug 21$0.52$0.481.08$23.48$26.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 13 found (best R:R 10.11, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$27.00$27.50$28.00Jul 24$0.05$0.459.00
$27.50$28.00$28.50Jul 24$0.08$0.425.25
$25.50$26.00$26.50Jul 24$0.14$0.362.57
$28.00$29.00$30.00Aug 28$0.34$0.661.94
$27.50$28.00$28.50Jul 17$0.19$0.311.63
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$24.00$25.00$26.00Jul 17$0.09$0.9110.11
$26.00$27.00$28.00Aug 21$0.18$0.824.56
$25.00$26.00$27.00Aug 21$0.19$0.814.26
$24.00$25.00$26.00Aug 21$0.23$0.773.35
$26.00$26.50$27.00Jul 17$0.12$0.383.17

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 31 found (best net $-0.20, 19 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$28.00$29.001:2Aug 21-$0.33$0.67
$27.00$27.501:2Jul 24-$0.10$0.40
$28.00$28.501:2Jul 17-$0.11$0.39
$28.00$28.501:2Jul 24-$0.11$0.39
$26.50$27.001:2Jul 24-$0.22$0.28
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$30.00$28.001:2Jul 17-$0.20$1.80
$24.00$22.001:2Jul 24-$1.09$0.91
$26.00$25.001:2Aug 21-$0.09$0.91
$27.00$26.001:2Aug 21-$0.19$0.81
$25.00$24.001:2Jul 17-$0.23$0.77

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 3.57%, avg 1.02%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$27.00Aug 21$0.960.500.5%3.57%4.06%5883.1K
$28.00Aug 28$0.500.464.2%1.86%6.07%1--
$29.00Aug 21$0.410.267.9%1.53%9.45%2.5K130.8K
$27.00Jul 24$0.280.490.5%1.04%1.53%300293
$28.00Aug 21$0.260.344.2%0.97%5.17%6.2K69.4K
$27.00Jul 31$0.240.400.5%0.89%1.38%36218
$30.00Aug 21$0.170.1411.7%0.63%12.28%3.2K52.2K
$27.50Jul 24$0.100.332.3%0.37%2.72%6037
$28.00Jul 31$0.100.224.2%0.37%4.58%763.9K
$28.00Aug 7$0.100.364.2%0.37%4.58%9110

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 34,927
Total Puts 55,157
Put/Call Ratio 1.58
Net Difference -20,230

Prior's Put/Call Breakdown

Total Calls 33,653
Total Puts 64,991
Put/Call Ratio 1.93
Net Difference -31,338

Prior 7-Day Put/Call Summary

Total Calls 404,854
Total Puts 427,029
Average Put/Call Ratio 1.37
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