Tour v344
WEN
WENDYS CO A
$7.83 +5.10%
$7.78 (-0.64%)🌙
as of 07/16 07:12 PM
(7/15 19:19) ◀
|
Thursday, July 16, 2026 (7:12pm)
January 2026
|
▶ (7/17 19:30)
◀ 7/16 19:12 ▶

Option Volume

Detail
ℹ
Current (07/16) 30,648
Calls: 21,739 (71%)
Puts: 8,909 (29%)
Prior (07/15) 16,834
Calls: 10,998 (65%)
Puts: 5,836 (35%)
Current vs Prior +82.06%
Calls: +97.66% (Calls)
Puts: +52.66% (Puts)
Prior 7-Day Total 345,362
Calls: 154,272 (45%)
Puts: 191,090 (55%)
Prior 7-Day Average 49,337
Calls: 22,038 (45%)
Puts: 27,298 (55%)
Current vs Prior 7-Day Avg -37.88%
Calls: -1.36%
Puts: -67.36%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (07/16) $1.95M
Calls: $1.25M (64%)
Puts: $694.5K (36%)
Prior (07/15) $903.1K
Calls: $575.9K (64%)
Puts: $327.2K (36%)
Current vs Prior +115.73%
Calls: +117.71%
Puts: +112.23%
Prior 7-Day Total $13.86M
Calls: $7.51M (54%)
Puts: $6.35M (46%)
Prior 7-Day Average $1.98M
Calls: $1.07M (54%)
Puts: $907.1K (46%)
Current vs Prior 7-Day Avg -1.63%
Calls: +16.81%
Puts: -23.44%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/16) 0.41
Prior (07/15) 0.53
Current vs Prior -22.77%
Prior 7-Day Average 1.04
Current vs Prior 7-Day Avg -60.62%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (07/16) 542,393
Calls: 357,588 (66%)
Puts: 184,805 (34%)
Prior (07/15) 512,892
Calls: 280,852 (55%)
Puts: 232,040 (45%)
Current vs Prior +5.75%
Prior 7-Day Total 4,074,443
Calls: 2,391,367 (59%)
Puts: 1,683,076 (41%)
Prior 7-Day Average 582,063
Calls: 341,623 (59%)
Puts: 240,439 (41%)
Current vs Prior 7-Day Avg -6.82%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 3.83% | 7.79%3.83% | 16.86%
Prior 3.76% | 7.38%3.76% | 16.11%
Current vs Prior +1.94% | +5.53%+1.94% | +4.66%
Prior 7-Day Avg 5.32% | 9.03%7.10% | 18.87%
Current vs 7-Day Avg -27.92% | -13.75%-46.04% | -10.65%
Prior 7-Day Eod 3.76% | 7.38%3.76% | 16.11%
Current vs 7-Day Eod +1.94% | +5.53%+1.94% | +4.66%
Sentiment BEARISHBEARISH

Relative Spread

Detail
ℹ
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 11.66% | 12.92%
Calls: 15.38% | 10.53%
Puts: 7.94% | 15.31%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Moderately bullish flow with 64% call dollar volume ($1.25M). Massive premium surge with dollar volume up 116% vs prior. Above-average activity with volume up 82% vs prior. Extreme bullish P/C ratio of 0.41 - heavy call buying (21,739 calls vs 8,909 puts).

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 2 of results (avg 7.8%, best 6.9%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.550.60$0.578.8%2.9K0.4943.0K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 211.401.50$1.456.9%2080.693.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 11 found (avg $0.54, cheapest $0.28)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 70.250.30$0.2817.9%470.34366
$9.00Aug 210.300.35$0.3215.6%7340.3134.6K
$7.50Jul 170.350.40$0.3813.2%2.7K0.775.9K
$7.50Jul 240.450.50$0.4810.4%6080.701.0K
$8.00Aug 210.550.60$0.578.8%2.9K0.4943.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 210.250.30$0.2817.9%6590.266.8K
$8.00Aug 70.550.65$0.6016.7%130.52105
$8.00Aug 140.600.70$0.6515.4%150.50--
$8.00Aug 210.700.80$0.7513.3%5450.505.9K
$8.50Jul 310.800.90$0.8511.8%10.71--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 26 found (avg delta 0.73, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Jul 171.101.40$1.2524.0%400.94677
$6.50Jul 241.001.70$1.3551.9%60.9456
$7.00Jul 170.750.90$0.8318.1%800.923.2K
$7.00Jul 240.701.00$0.8535.3%210.88180
$6.50Aug 141.051.75$1.4050.0%100.87--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 170.600.90$0.7540.0%70.91605
$8.50Jul 240.700.95$0.8330.1%10.81--
$8.50Jul 310.800.90$0.8511.8%10.71--
$9.00Aug 211.401.50$1.456.9%2080.693.4K
$8.00Jul 170.150.30$0.2268.2%6430.675.0K

Most actively traded options today. High liquidity = easy entry/exit. 64 active (total vol 19.8K, top 4.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 170.050.10$0.0862.5%4.0K0.3413.1K
$8.00Aug 210.550.60$0.578.8%2.9K0.4943.0K
$7.50Jul 170.350.40$0.3813.2%2.7K0.775.9K
$8.00Jul 240.200.25$0.2321.7%9030.442.7K
$9.00Aug 210.300.35$0.3215.6%7340.3134.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Jul 170.050.10$0.0862.5%1.3K0.2417.8K
$7.00Aug 210.250.30$0.2817.9%6590.266.8K
$8.00Jul 170.150.30$0.2268.2%6430.675.0K
$8.00Aug 210.700.80$0.7513.3%5450.505.9K
$7.00Jul 240.000.10$0.05200.0%2900.1254.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 11 strikes (avg 117.7%, max 334.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Jul 17Aug 28248.4%57.2%334.1%48677
$7.00Jul 17Aug 21167.9%63.9%162.8%33311.5K
$9.00Jul 17Aug 28186.3%79.8%133.4%15410.9K
$7.50Jul 17Aug 28132.7%59.4%123.4%2.7K5.9K
$8.50Jul 17Aug 28125.3%78.6%59.4%765.3K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.00Jul 17Aug 28167.9%60.8%176.2%616.7K
$7.50Jul 17Aug 28132.7%59.4%123.4%1.3K17.8K
$8.50Jul 17Jul 31125.3%67.6%85.4%8605
$6.50Jul 24Aug 2884.4%57.2%47.5%12--
$8.00Jul 17Aug 2186.6%68.0%27.3%1.2K10.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 29 found (best R:R 4.00, avg 1.76)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$8.50Aug 28$0.11$0.39$0.113.55$8.11
$8.00$8.50Jul 31$0.12$0.38$0.123.17$8.12
$8.50$9.00Aug 28$0.12$0.38$0.123.17$8.62
$8.00$9.00Aug 21$0.25$0.75$0.253.00$8.25
$8.00$8.50Jul 24$0.15$0.35$0.152.33$8.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.00$6.50Aug 14$0.10$0.40$0.104.00$6.90
$7.50$7.00Aug 14$0.13$0.37$0.132.85$7.37
$8.00$7.50Jul 17$0.14$0.36$0.142.57$7.86
$7.50$7.00Jul 31$0.15$0.35$0.152.33$7.35
$7.50$7.00Aug 7$0.15$0.35$0.152.33$7.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 34 found (best R:R 4.00, avg 1.07)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$6.50$7.00Aug 14$0.40$0.40$0.104.00$6.90
$7.00$7.50Jul 24$0.37$0.37$0.132.85$7.37
$6.50$7.50Aug 28$0.67$0.67$0.332.03$7.17
$7.00$7.50Jul 31$0.33$0.33$0.171.94$7.33
$7.50$8.00Jul 17$0.30$0.30$0.201.50$7.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.50$8.00Jul 31$0.35$0.35$0.152.33$8.15
$9.00$8.00Aug 21$0.70$0.70$0.302.33$8.30
$8.00$7.50Aug 14$0.32$0.32$0.181.78$7.68
$8.00$7.50Aug 7$0.27$0.27$0.231.17$7.73
$8.00$7.50Jul 31$0.25$0.25$0.251.00$7.75

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.10, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Jul 17Jul 24$0.05125.3%61.2%
$9.00Jul 17Jul 24$0.05186.3%86.1%
$6.50Jul 17Jul 24$0.10248.4%84.4%
$7.50Jul 17Jul 24$0.10132.7%64.4%
$8.00Jul 17Jul 24$0.1586.6%63.8%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.50Jul 17Jul 24$0.07132.7%64.4%
$8.50Jul 17Jul 24$0.08125.3%61.2%
$8.00Jul 17Jul 24$0.1686.6%63.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 25 found (cheapest 3.83% of stock, avg 13.25%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.00Jul 17$0.08$0.22$0.30$7.70$8.303.83%
$7.50Jul 17$0.38$0.08$0.46$7.04$7.965.87%
$8.00Jul 24$0.23$0.38$0.61$7.39$8.617.79%
$7.50Jul 24$0.48$0.15$0.63$6.87$8.138.05%
$8.50Jul 17$0.03$0.75$0.78$7.72$9.289.96%
$8.00Jul 31$0.30$0.50$0.80$7.20$8.8010.22%
$7.50Jul 31$0.57$0.25$0.82$6.68$8.3210.47%
$7.00Jul 17$0.83$0.03$0.86$6.14$7.8610.98%
$7.00Jul 24$0.85$0.05$0.90$6.10$7.9011.49%
$8.50Jul 24$0.08$0.83$0.91$7.59$9.4111.62%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 0.77% of stock, avg 5.63%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$8.50$7.00Jul 17$0.03$0.03$0.06$6.94$8.56
$9.00$7.00Jul 17$0.03$0.03$0.06$6.94$9.06
$8.00$7.00Jul 17$0.08$0.03$0.11$6.89$8.11
$8.50$7.50Jul 17$0.03$0.08$0.11$7.39$8.61
$9.00$7.50Jul 17$0.03$0.08$0.11$7.39$9.11
$8.50$6.50Jul 24$0.08$0.03$0.11$6.39$8.61
$9.00$6.50Jul 24$0.08$0.03$0.11$6.39$9.11
$8.50$7.00Jul 24$0.08$0.05$0.13$6.87$8.63
$9.00$7.00Jul 24$0.08$0.05$0.13$6.87$9.13
$8.00$7.50Jul 17$0.08$0.08$0.16$7.34$8.16

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 10 found (best R:R 2.57, avg credit $0.31)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
7/88/8Aug 14$0.36$0.142.57$7.14$8.36
6/78/8Aug 14$0.33$0.171.94$6.67$8.33
6/78/8Aug 28$0.33$0.171.94$6.67$7.83
7/88/8Aug 7$0.32$0.181.78$7.18$8.32
7/88/9Aug 28$0.32$0.181.78$7.18$8.82
7/88/8Aug 28$0.31$0.191.63$7.19$8.31
6/78/8Aug 14$0.30$0.201.50$6.70$7.80
6/78/9Aug 28$0.30$0.201.50$6.70$8.80
6/78/8Aug 28$0.29$0.211.38$6.71$8.29
7/88/8Jul 31$0.27$0.231.17$7.23$8.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 29 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Jul 17$0.05$0.459.00
$7.00$7.50$8.00Jul 31$0.06$0.447.33
$7.50$8.00$8.50Aug 7$0.06$0.447.33
$8.00$8.50$9.00Jul 31$0.07$0.436.14
$7.00$7.50$8.00Aug 7$0.07$0.436.14
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$6.50$7.00$7.50Aug 7$0.05$0.459.00
$6.50$7.00$7.50Jul 24$0.08$0.425.25
$7.00$7.50$8.00Jul 17$0.09$0.414.56
$6.50$7.00$7.50Jul 31$0.10$0.404.00
$7.00$7.50$8.00Jul 31$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 $-0.05, 26 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$9.001:2Aug 21-$0.07$0.93
$6.50$7.501:2Aug 28-$0.11$0.89
$7.00$8.001:2Aug 21-$0.12$0.88
$8.00$8.501:2Jul 31-$0.06$0.44
$8.00$8.501:2Aug 14-$0.07$0.43
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$8.001:2Aug 21-$0.05$0.95
$8.00$7.501:2Aug 7-$0.06$0.44
$7.50$7.001:2Aug 14-$0.07$0.43
$7.50$7.001:2Aug 28-$0.13$0.37
$8.50$8.001:2Jul 31-$0.15$0.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 15 found (best yield 7.02%, avg 3.70%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Aug 21$0.550.492.2%7.02%9.20%2.9K43.0K
$8.00Aug 28$0.500.482.2%6.39%8.56%79116
$8.00Aug 14$0.450.502.2%5.75%7.92%2711.7K
$8.00Aug 7$0.350.482.2%4.47%6.64%111691
$8.50Aug 28$0.350.408.6%4.47%13.03%25267
$9.00Aug 21$0.300.3114.9%3.83%18.77%73434.6K
$9.00Aug 28$0.300.3314.9%3.83%18.77%2337
$8.00Jul 31$0.250.442.2%3.19%5.36%6061.7K
$8.50Aug 7$0.250.348.6%3.19%11.75%47366
$8.50Aug 14$0.250.368.6%3.19%11.75%20194

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 21,739
Total Puts 8,909
Put/Call Ratio 0.41
Net Difference 12,830

Prior's Put/Call Breakdown

Total Calls 10,998
Total Puts 5,836
Put/Call Ratio 0.53
Net Difference 5,162

Prior 7-Day Put/Call Summary

Total Calls 154,272
Total Puts 191,090
Average Put/Call Ratio 1.04
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