Tour v297
WEN
WENDYS CO A
$7.78 -1.52%
$7.73 (-0.64%)🌙
as of 07/07 07:13 PM
7/7 19:13

Option Volume

Detail
Current (07/07) 40,583
Calls: 30,951 (76%)
Puts: 9,632 (24%)
Prior (07/06) 81,113
Calls: 55,103 (68%)
Puts: 26,010 (32%)
Current vs Prior -49.97%
Calls: -43.83% (Calls)
Puts: -62.97% (Puts)
Prior 7-Day Total 1,402,415
Calls: 991,572 (71%)
Puts: 410,843 (29%)
Prior 7-Day Average 200,345
Calls: 141,653 (71%)
Puts: 58,691 (29%)
Current vs Prior 7-Day Avg -79.74%
Calls: -78.15%
Puts: -83.59%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/07) $1.91M
Calls: $1.47M (77%)
Puts: $433.0K (23%)
Prior (07/06) $3.79M
Calls: $2.58M (68%)
Puts: $1.21M (32%)
Current vs Prior -49.73%
Calls: -42.88%
Puts: -64.30%
Prior 7-Day Total $74.89M
Calls: $52.71M (70%)
Puts: $22.18M (30%)
Prior 7-Day Average $10.70M
Calls: $7.53M (70%)
Puts: $3.17M (30%)
Current vs Prior 7-Day Avg -82.17%
Calls: -80.42%
Puts: -86.33%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/07) 0.31
Prior (07/06) 0.47
Current vs Prior -34.07%
Prior 7-Day Average 0.39
Current vs Prior 7-Day Avg -19.83%
Sentiment BULLISH

Open Interest

Detail
Current (07/07) 645,454
Calls: 378,110 (59%)
Puts: 267,344 (41%)
Prior (07/06) 641,329
Calls: 395,912 (62%)
Puts: 245,417 (38%)
Current vs Prior +0.64%
Prior 7-Day Total 5,033,046
Calls: 2,898,083 (58%)
Puts: 2,134,963 (42%)
Prior 7-Day Average 719,006
Calls: 414,011 (58%)
Puts: 304,994 (42%)
Current vs Prior 7-Day Avg -10.23%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 7.46% | 11.18%11.18% | 20.31%
Prior 8.35% | 12.03%12.03% | 21.52%
Current vs Prior -10.77% | -7.01%-7.01% | -5.63%
Prior 7-Day Avg 9.87% | 15.56%12.03% | 21.52%
Current vs 7-Day Avg -24.49% | -28.15%-7.01% | -5.63%
Prior 7-Day Eod 8.35% | 12.03%-- | --
Current vs 7-Day Eod -10.77% | -7.01%-- | --
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 11.66% | 12.92%
Calls: 15.38% | 10.53%
Puts: 7.94% | 15.31%
Prior 11.66% | 12.92%
Calls: 15.38% | 10.53%
Puts: 7.94% | 15.31%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 12.84% | 13.91%
Calls: 15.20% | 11.07%
Puts: 10.48% | 16.75%
Current vs 7-Day Avg -9.20% | -7.10%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($1.47M) vs puts ($433.0K). Below-average activity with volume down 50% vs prior. Extreme bullish P/C ratio of 0.31 - heavy call buying (30,951 calls vs 9,632 puts). P/C ratio dropping 34% - sentiment shifting bullish.

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 BULLISH
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 -- of results (avg --%, best --%)

No options available for this category

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 9 found (avg $0.67, cheapest $0.32)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 170.300.35$0.3215.6%1.4K0.449.8K
$7.50Jul 170.500.60$0.5518.2%3460.642.8K
$8.00Jul 310.500.60$0.5518.2%5670.481.7K
$7.50Jul 310.700.80$0.7513.3%370.61581
$7.00Jul 100.700.85$0.7719.5%4780.911.1K
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 170.500.60$0.5518.2%3.1K0.562.5K
$8.00Jul 310.700.85$0.7719.5%120.52499
$8.50Jul 170.901.00$0.9510.5%100.69609

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 34 found (avg delta 0.69, highest 0.93)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Jul 171.151.55$1.3529.6%1150.93619
$6.50Jul 100.751.55$1.1569.6%7950.93389
$7.00Jul 100.700.85$0.7719.5%4780.911.1K
$6.50Jul 241.201.50$1.3522.2%10.8977
$7.00Jul 170.750.90$0.8318.1%580.844.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 101.201.50$1.3522.2%370.85240
$8.50Jul 100.700.90$0.8025.0%850.8160.9K
$9.00Jul 171.301.45$1.3810.9%90.77--
$9.00Jul 241.201.70$1.4534.5%10.72--
$8.50Jul 170.901.00$0.9510.5%100.69609

Most actively traded options today. High liquidity = easy entry/exit. 73 active (total vol 26.3K, top 4.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 100.150.20$0.1827.8%4.6K0.396.7K
$8.50Jul 100.050.10$0.0862.5%2.8K0.195.4K
$8.00Jul 170.300.35$0.3215.6%1.4K0.449.8K
$9.00Jul 100.050.10$0.0862.5%1.3K0.158.3K
$9.00Jul 170.100.25$0.1883.3%9170.2311.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 170.500.60$0.5518.2%3.1K0.562.5K
$7.50Jul 100.100.15$0.1338.5%1.7K0.3129.7K
$7.50Jul 170.200.30$0.2540.0%1.1K0.366.5K
$7.00Aug 210.300.45$0.3839.5%9940.295.4K
$8.00Jul 100.350.45$0.4025.0%8250.617.8K

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 43.9%, max 91.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Jul 10Aug 21148.4%86.5%71.6%1.9K42.6K
$6.50Jul 10Aug 14133.8%87.6%52.7%796389
$8.00Jul 10Aug 2197.3%72.6%34.0%5.4K42.8K
$7.00Jul 10Aug 2188.5%66.3%33.5%5819.1K
$7.50Jul 10Aug 1487.0%68.0%27.8%3601.7K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Jul 10Aug 7133.8%69.9%91.3%25206
$9.00Jul 10Aug 21148.4%86.5%71.6%2943.7K
$8.00Jul 10Aug 2197.3%72.6%34.0%86013.6K
$7.00Jul 10Aug 2188.5%66.3%33.5%1.1K66.6K
$7.50Jul 10Aug 1487.0%68.0%27.8%1.7K29.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 33 found (best R:R 4.56, avg 1.72)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$9.00Aug 21$0.18$0.82$0.184.56$8.18
$8.00$8.50Jul 31$0.12$0.38$0.123.17$8.12
$8.00$8.50Aug 14$0.13$0.37$0.132.85$8.13
$8.50$9.00Aug 14$0.14$0.36$0.142.57$8.64
$8.00$8.50Jul 24$0.15$0.35$0.152.33$8.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.50$7.00Jul 10$0.10$0.40$0.104.00$7.40
$7.00$6.50Jul 31$0.12$0.38$0.123.17$6.88
$7.50$7.00Aug 14$0.12$0.38$0.123.17$7.38
$7.00$6.50Jul 24$0.14$0.36$0.142.57$6.86
$7.00$6.50Aug 7$0.15$0.35$0.152.33$6.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 43 found (best R:R 4.00, avg 1.34)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$6.50$7.00Jul 10$0.38$0.38$0.123.17$6.88
$6.50$7.00Jul 24$0.37$0.37$0.132.85$6.87
$7.00$7.50Aug 14$0.37$0.37$0.132.85$7.37
$6.50$7.00Aug 14$0.33$0.33$0.171.94$6.83
$7.00$7.50Jul 24$0.30$0.30$0.201.50$7.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.50$8.00Jul 17$0.40$0.40$0.104.00$8.10
$9.00$8.00Aug 21$0.80$0.80$0.204.00$8.20
$8.00$7.50Aug 14$0.38$0.38$0.123.17$7.62
$8.50$8.00Jul 24$0.37$0.37$0.132.85$8.13
$8.50$8.00Jul 31$0.36$0.36$0.142.57$8.14

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $0.13, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.00Jul 10Jul 17$0.0688.5%66.8%
$9.00Jul 10Jul 17$0.10148.4%109.4%
$8.00Jul 10Jul 17$0.1497.3%83.3%
$8.50Jul 10Jul 17$0.15108.0%95.5%
$6.50Jul 10Jul 17$0.20133.8%72.3%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.00Jul 10Jul 17$0.0588.5%66.8%
$7.50Jul 10Jul 17$0.1287.0%73.4%
$8.00Jul 10Jul 17$0.1597.3%83.3%
$8.50Jul 10Jul 17$0.15108.0%95.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 34 found (cheapest 6.17% of stock, avg 16.93%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.50Jul 10$0.35$0.13$0.48$7.02$7.986.17%
$8.00Jul 10$0.18$0.40$0.58$7.42$8.587.46%
$7.00Jul 10$0.77$0.03$0.80$6.20$7.8010.28%
$7.50Jul 17$0.55$0.25$0.80$6.70$8.3010.28%
$8.00Jul 17$0.32$0.55$0.87$7.13$8.8711.18%
$8.50Jul 10$0.08$0.80$0.88$7.62$9.3811.31%
$7.00Jul 17$0.83$0.08$0.91$6.09$7.9111.70%
$7.50Jul 24$0.68$0.38$1.06$6.44$8.5613.62%
$8.00Jul 24$0.45$0.63$1.08$6.92$9.0813.88%
$6.50Jul 10$1.15$0.03$1.18$5.32$7.6815.17%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 53 found (cheapest 1.41% of stock, avg 8.14%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$8.50$7.00Jul 10$0.08$0.03$0.11$6.89$8.61
$8.50$6.50Jul 10$0.08$0.03$0.11$6.39$8.61
$9.00$7.00Jul 10$0.08$0.03$0.11$6.89$9.11
$9.00$6.50Jul 10$0.08$0.03$0.11$6.39$9.11
$8.00$7.00Jul 10$0.18$0.03$0.21$6.79$8.21
$8.00$6.50Jul 10$0.18$0.03$0.21$6.29$8.21
$8.50$7.50Jul 10$0.08$0.13$0.21$7.29$8.71
$9.00$7.50Jul 10$0.08$0.13$0.21$7.29$9.21
$9.00$6.50Jul 17$0.18$0.03$0.21$6.29$9.21
$8.50$6.50Jul 17$0.23$0.03$0.26$6.24$8.76

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 found (best R:R 2.85, avg credit $0.30)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
6/78/8Jul 24$0.37$0.132.85$6.63$7.87
6/78/8Aug 7$0.35$0.152.33$6.65$8.35
7/88/8Jul 31$0.33$0.171.94$7.17$8.33
6/78/8Jul 31$0.32$0.181.78$6.68$7.82
7/88/8Jul 24$0.31$0.191.63$7.19$8.31
6/78/8Aug 7$0.30$0.201.50$6.70$7.80
6/78/8Jul 24$0.29$0.211.38$6.71$8.29
7/88/9Aug 14$0.26$0.241.08$7.24$8.76
7/88/8Aug 14$0.25$0.251.00$7.25$8.25
6/78/8Jul 31$0.24$0.260.92$6.76$8.24

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 30 found (best R:R 6.14, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$7.50$8.00$8.50Jul 10$0.07$0.436.14
$6.50$7.00$7.50Jul 24$0.07$0.436.14
$7.00$7.50$8.00Jul 24$0.07$0.436.14
$7.50$8.00$8.50Jul 24$0.08$0.425.25
$7.50$8.00$8.50Jul 31$0.08$0.425.25
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Jul 24$0.08$0.425.25
$7.00$7.50$8.00Aug 7$0.08$0.425.25
$7.00$7.50$8.00Jul 24$0.09$0.414.56
$6.50$7.00$7.50Jul 31$0.09$0.414.56
$6.50$7.00$7.50Jul 10$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. 39 found (best net $-0.10, 32 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$8.001:2Aug 21-$0.16$0.84
$8.00$9.001:2Aug 21-$0.32$0.68
$8.50$9.001:2Jul 10-$0.08$0.42
$7.50$8.001:2Jul 17-$0.09$0.41
$8.50$9.001:2Jul 17-$0.13$0.37
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$8.001:2Aug 21-$0.10$0.90
$7.50$7.001:2Jul 24-$0.06$0.44
$8.00$7.501:2Jul 31-$0.09$0.41
$8.00$7.501:2Jul 24-$0.13$0.37
$8.50$8.001:2Jul 17-$0.15$0.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 7.07%, avg 4.36%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Aug 7$0.550.502.8%7.07%9.90%121379
$8.00Aug 14$0.550.502.8%7.07%9.90%21--
$8.00Aug 21$0.550.502.8%7.07%9.90%78136.1K
$8.00Jul 31$0.500.482.8%6.43%9.25%5671.7K
$9.00Aug 21$0.450.3615.7%5.78%21.47%60834.3K
$8.00Jul 24$0.400.482.8%5.14%7.97%2671.6K
$8.50Aug 14$0.400.429.2%5.14%14.40%9177
$8.50Aug 7$0.350.409.2%4.50%13.75%48228
$9.00Aug 7$0.350.3415.7%4.50%20.18%46828
$8.00Jul 17$0.300.442.8%3.86%6.68%1.4K9.8K

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 30,951
Total Puts 9,632
Put/Call Ratio 0.31
Net Difference 21,319

Prior's Put/Call Breakdown

Total Calls 55,103
Total Puts 26,010
Put/Call Ratio 0.47
Net Difference 29,093

Prior 7-Day Put/Call Summary

Total Calls 991,572
Total Puts 410,843
Average Put/Call Ratio 0.39
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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