NEW Tour v204
WEN
WENDYS CO A
$7.33 -6.74%
$7.35 (+0.27%)🌙
6/25 21:49

Option Volume

Detail
Current (06/25) 378,838
Calls: 282,501 (75%)
Puts: 96,337 (25%)
Prior (06/24) 476,621
Calls: 383,802 (81%)
Puts: 92,819 (19%)
Current vs Prior -20.52%
Calls: -26.39% (Calls)
Puts: +3.79% (Puts)
Prior 7-Day Total 540,601
Calls: 431,471 (80%)
Puts: 109,130 (20%)
Prior 7-Day Average 90,100
Calls: 61,638 (80%)
Puts: 15,590 (20%)
Current vs Prior 7-Day Avg +320.46%
Calls: +358.32%
Puts: +517.94%
Sentiment BULLISH

Dollar Volume

Detail
Current (06/25) $16.72M
Calls: $12.09M (72%)
Puts: $4.64M (28%)
Prior (06/24) $34.41M
Calls: $29.92M (87%)
Puts: $4.48M (13%)
Current vs Prior -51.39%
Calls: -59.61%
Puts: +3.53%
Prior 7-Day Total $38.22M
Calls: $32.50M (85%)
Puts: $5.72M (15%)
Prior 7-Day Average $6.37M
Calls: $4.64M (85%)
Puts: $817.1K (15%)
Current vs Prior 7-Day Avg +162.57%
Calls: +160.32%
Puts: +467.74%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (06/25) 0.34
Prior (06/24) 0.24
Current vs Prior +41.01%
Prior 7-Day Average 0.43
Current vs Prior 7-Day Avg -21.50%
Sentiment BULLISH

Open Interest

Detail
Current (06/25) 618,266
Calls: 347,705 (56%)
Puts: 270,561 (44%)
Prior (06/24) 442,287
Calls: 217,936 (49%)
Puts: 224,351 (51%)
Current vs Prior +39.79%
Prior 7-Day Total 2,518,143
Calls: 1,174,078 (47%)
Puts: 1,344,065 (53%)
Prior 7-Day Average 359,734
Calls: 167,725 (47%)
Puts: 192,009 (53%)
Current vs Prior 7-Day Avg +71.87%
Sentiment BEARISH

Expected Move

Detail
Expiry (06/26) | Next (07/10)Expiry (06/26) | Next (07/10)Expiry (07/17) | Next (08/21)
Current 9.69% | 20.19%9.69% | 20.19%22.51% | 27.01%
Prior 16.16% | 23.92%-- | ---- | --
Current vs Prior -40.05% | -30.98%-- | ---- | --
Prior 7-Day Avg 7.63% | 10.72%-- | ---- | --
Current vs 7-Day Avg +26.93% | +54.01%-- | ---- | --
Prior 7-Day Eod 16.16% | 23.92%-- | ---- | --
Current vs 7-Day Eod -40.05% | -30.98%-- | ---- | --
Sentiment BULLISH----

Relative Spread

Detail
Expiry | Next
Current 14.75% | 8.39%
Calls: 17.86% | 9.43%
Puts: 11.63% | 7.35%
Prior 11.53% | 8.11%
Calls: 8.77% | 11.11%
Puts: 14.29% | 5.10%
Current vs Prior +27.93% | +3.45%
Prior 7-Day Avg 52.73% | 66.48%
Calls: 55.51% | 42.70%
Puts: 63.68% | 85.87%
Current vs 7-Day Avg -72.03% | -87.38%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Moderately bullish flow with 72% call dollar volume ($12.09M). Light premium activity with dollar volume down 51% vs prior. Dollar volume significantly above 7-day average (163% higher). Volume explosion - 320% above 7-day average (378,838 vs avg 90,100).

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 BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
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 8 of results (avg 8.1%, best 6.0%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Jul 20.700.75$0.736.8%1.4K0.64753
$6.50Jul 101.051.15$1.109.1%1100.75255
$7.50Jul 20.500.55$0.539.4%3.3K0.501.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jun 260.800.85$0.836.0%6.3K0.712.0K
$7.50Jul 20.650.70$0.687.4%1.6K0.50928
$7.00Jul 240.600.65$0.637.9%5170.37203
$8.00Jul 171.151.25$1.208.3%1.3K0.56691
$8.00Jul 21.001.10$1.059.5%2.0K0.62695

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 28 found (avg $0.66, cheapest $0.28)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Jun 260.250.30$0.2817.9%7.9K0.462.4K
$8.50Jul 20.300.35$0.3215.6%3.4K0.322.6K
$8.00Jul 20.350.40$0.3813.2%9.3K0.395.8K
$7.50Jul 20.500.55$0.539.4%3.3K0.501.3K
$8.00Jul 100.500.60$0.5518.2%2.0K0.432.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Jul 240.350.40$0.3813.2%3340.2776
$7.50Jun 260.400.45$0.4311.6%9.5K0.553.5K
$7.00Jul 100.450.50$0.4810.4%4600.38446
$7.00Jul 170.500.60$0.5518.2%4.3K0.382.1K
$7.00Jul 240.600.65$0.637.9%5170.37203

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 42 found (avg delta 0.67, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Jun 261.251.45$1.3514.8%3280.95533
$6.50Jun 260.800.95$0.8817.0%8990.922.8K
$6.00Jul 21.301.50$1.4014.3%9.5K0.8981
$6.00Jul 101.401.60$1.5013.3%1400.85205
$6.00Jul 171.451.90$1.6726.9%1110.83217
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jun 261.151.30$1.2312.2%2.9K0.8040.6K
$8.00Jun 260.800.85$0.836.0%6.3K0.712.0K
$8.50Jul 21.351.50$1.4310.5%3150.68157
$8.50Jul 101.401.65$1.5316.3%750.6640
$8.00Jul 21.001.10$1.059.5%2.0K0.62695

Most actively traded options today. High liquidity = easy entry/exit. 84 active (total vol 191.5K, top 35.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jun 260.150.20$0.1827.8%35.8K0.2911.4K
$8.50Jun 260.100.15$0.1338.5%10.2K0.206.0K
$6.00Jul 21.301.50$1.4014.3%9.5K0.8981
$8.00Jul 20.350.40$0.3813.2%9.3K0.395.8K
$7.50Jun 260.250.30$0.2817.9%7.9K0.462.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Jun 260.000.05$0.03166.7%19.0K0.0845.9K
$7.00Jun 260.100.15$0.1338.5%14.0K0.283.9K
$7.50Jun 260.400.45$0.4311.6%9.5K0.553.5K
$8.00Jun 260.800.85$0.836.0%6.3K0.712.0K
$7.00Jul 170.500.60$0.5518.2%4.3K0.382.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 149.3%, max 209.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.00Jun 26Aug 7266.4%86.0%209.9%351533
$8.50Jun 26Aug 7319.3%111.1%187.5%10.3K6.0K
$8.00Jun 26Aug 7276.1%102.9%168.4%36.0K11.4K
$7.50Jun 26Aug 7232.3%98.9%134.8%8.4K2.4K
$6.50Jun 26Aug 7180.0%86.7%107.5%9042.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.00Jun 26Aug 7266.4%86.0%209.9%1.4K3.2K
$8.50Jun 26Aug 7319.3%111.1%187.5%3.0K40.6K
$8.00Jun 26Aug 7276.1%102.9%168.4%6.3K2.0K
$7.50Jun 26Aug 7232.3%98.9%134.8%9.6K3.5K
$6.50Jun 26Aug 7180.0%86.7%107.5%19.0K45.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 42 found (best R:R 4.00, avg 1.60)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.50$8.00Jun 26$0.10$0.40$0.104.00$7.60
$7.50$8.00Jul 24$0.13$0.37$0.132.85$7.63
$8.00$8.50Jul 31$0.13$0.37$0.132.85$8.13
$7.50$8.00Jul 2$0.15$0.35$0.152.33$7.65
$8.00$8.50Jul 10$0.15$0.35$0.152.33$8.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.00$6.50Jun 26$0.10$0.40$0.104.00$6.90
$6.50$6.00Jul 10$0.12$0.38$0.123.17$6.38
$6.50$6.00Jul 17$0.12$0.38$0.123.17$6.38
$6.50$6.00Jul 24$0.15$0.35$0.152.33$6.35
$6.50$6.00Aug 7$0.17$0.33$0.171.94$6.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 55 found (best R:R 4.00, avg 1.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$6.00$6.50Jul 2$0.40$0.40$0.104.00$6.40
$6.00$6.50Jul 10$0.40$0.40$0.104.00$6.40
$6.50$7.00Jun 26$0.38$0.38$0.123.17$6.88
$6.00$6.50Jul 24$0.37$0.37$0.132.85$6.37
$6.50$7.00Jul 31$0.33$0.33$0.171.94$6.83
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$7.50Jun 26$0.40$0.40$0.104.00$7.60
$8.50$8.00Jul 2$0.38$0.38$0.123.17$8.12
$8.50$8.00Jul 17$0.38$0.38$0.123.17$8.12
$8.00$7.50Jul 2$0.37$0.37$0.132.85$7.63
$8.50$8.00Aug 7$0.37$0.37$0.132.85$8.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 11 found (avg debit $0.18, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$6.50Jun 26Jul 2$0.12180.0%110.4%
$8.50Jun 26Jul 2$0.19319.3%177.5%
$8.00Jun 26Jul 2$0.20276.1%154.9%
$7.00Jun 26Jul 2$0.23183.6%128.1%
$7.50Jun 26Jul 2$0.25232.3%147.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$6.00Jun 26Jul 2$0.05266.4%129.2%
$6.50Jun 26Jul 2$0.10180.0%110.4%
$8.50Jun 26Jul 2$0.20319.3%177.5%
$7.00Jun 26Jul 2$0.22183.6%128.1%
$8.00Jun 26Jul 2$0.22276.1%154.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 42 found (cheapest 8.59% of stock, avg 22.68%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.00Jun 26$0.50$0.13$0.63$6.37$7.638.59%
$7.50Jun 26$0.28$0.43$0.71$6.79$8.219.69%
$6.50Jun 26$0.88$0.03$0.91$5.59$7.4112.41%
$8.00Jun 26$0.18$0.83$1.01$6.99$9.0113.78%
$7.00Jul 2$0.73$0.35$1.08$5.92$8.0814.73%
$6.50Jul 2$1.00$0.13$1.13$5.37$7.6315.42%
$7.50Jul 2$0.53$0.68$1.21$6.29$8.7116.51%
$7.00Jul 10$0.85$0.48$1.33$5.67$8.3318.14%
$6.50Jul 10$1.10$0.25$1.35$5.15$7.8518.42%
$8.50Jun 26$0.13$1.23$1.36$7.14$9.8618.55%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 55 found (cheapest 2.18% of stock, avg 12.74%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$8.50$6.50Jun 26$0.13$0.03$0.16$6.34$8.66
$8.50$6.00Jun 26$0.13$0.03$0.16$5.84$8.66
$8.00$6.50Jun 26$0.18$0.03$0.21$6.29$8.21
$8.00$6.00Jun 26$0.18$0.03$0.21$5.79$8.21
$8.50$7.00Jun 26$0.13$0.13$0.26$6.74$8.76
$7.50$6.50Jun 26$0.28$0.03$0.31$6.19$7.81
$7.50$6.00Jun 26$0.28$0.03$0.31$5.69$7.81
$8.00$7.00Jun 26$0.18$0.13$0.31$6.69$8.31
$8.50$6.00Jul 2$0.32$0.08$0.40$5.60$8.90
$7.50$7.00Jun 26$0.28$0.13$0.41$6.59$7.91

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 18 found (best R:R 4.00, avg credit $0.33)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
6/78/8Jul 24$0.40$0.104.00$6.60$8.40
6/78/8Jul 31$0.40$0.104.00$6.60$8.40
6/78/8Jul 10$0.38$0.123.17$6.62$8.38
6/78/8Jul 24$0.38$0.123.17$6.62$7.88
7/88/8Jul 31$0.38$0.123.17$7.12$8.38
6/78/8Jul 2$0.37$0.132.85$6.63$7.87
6/68/8Jul 31$0.36$0.142.57$6.14$7.86
6/67/8Jul 31$0.35$0.152.33$6.15$7.35
6/67/8Aug 7$0.35$0.152.33$6.15$7.35
6/67/8Jul 10$0.32$0.181.78$6.18$7.32

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 36 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$7.50$8.00$8.50Jun 26$0.05$0.459.00
$6.50$7.00$7.50Jul 10$0.05$0.459.00
$7.50$8.00$8.50Jul 31$0.05$0.459.00
$6.50$7.00$7.50Jul 2$0.07$0.436.14
$6.00$6.50$7.00Jul 31$0.07$0.436.14
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$7.00$7.50$8.00Jul 10$0.07$0.436.14
$7.50$8.00$8.50Jul 17$0.08$0.425.25
$6.00$6.50$7.00Jul 31$0.09$0.414.56
$7.50$8.00$8.50Aug 7$0.09$0.414.56
$6.00$6.50$7.00Jun 26$0.10$0.404.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 34 found (best net $-0.06, 31 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$7.501:2Jun 26-$0.06$0.44
$7.50$8.001:2Jun 26-$0.08$0.42
$8.00$8.501:2Jun 26-$0.08$0.42
$6.50$7.001:2Jun 26-$0.12$0.38
$7.50$8.001:2Jul 2-$0.23$0.27
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$6.50$6.001:2Jul 17-$0.06$0.44
$6.50$6.001:2Jul 31-$0.07$0.43
$6.50$6.001:2Jul 24-$0.08$0.42
$6.50$6.001:2Aug 7-$0.11$0.39
$7.50$7.001:2Jul 10-$0.13$0.37

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 21 found (best yield 12.28%, avg 6.92%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$7.50Aug 7$0.900.562.3%12.28%14.60%508--
$7.50Jul 31$0.800.552.3%10.91%13.23%509310
$7.50Jul 24$0.750.552.3%10.23%12.55%319132
$7.50Jul 17$0.700.532.3%9.55%11.87%2.3K972
$8.00Aug 7$0.700.489.1%9.55%18.69%253--
$8.00Jul 24$0.650.479.1%8.87%18.01%569763
$7.50Jul 10$0.600.512.3%8.19%10.50%1.8K279
$8.00Jul 31$0.600.479.1%8.19%17.33%762716
$8.00Jul 17$0.550.449.1%7.50%16.64%5.6K6.4K
$7.50Jul 2$0.500.502.3%6.82%9.14%3.3K1.3K

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 282,501
Total Puts 96,337
Put/Call Ratio 0.34
Net Difference 186,164

Prior's Put/Call Breakdown

Total Calls 383,802
Total Puts 92,819
Put/Call Ratio 0.24
Net Difference 290,983

Prior 7-Day Put/Call Summary

Total Calls 431,471
Total Puts 109,130
Average Put/Call Ratio 0.43
Ratio Trend Rising

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

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All