Tour v508
WEN
WENDYS CO A
$8.52 -1.62%
8/13 10:20

Option Volume

Detail
Current (08/13 10:20am) 10,038
Calls: 8,084 (81%)
Puts: 1,954 (19%)
Prior (08/07) 21,888
Calls: 15,303 (70%)
Puts: 6,585 (30%)
Current vs Prior -54.14%
Calls: -47.17% (Calls)
Puts: -70.33% (Puts)
Prior 7-Day Total 449,329
Calls: 334,345 (74%)
Puts: 114,984 (26%)
Prior 7-Day Average 64,189
Calls: 47,763 (74%)
Puts: 16,426 (26%)
Current vs Prior 7-Day Avg -84.36%
Calls: -83.07%
Puts: -88.10%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/13 10:20am) $478.5K
Calls: $383.9K (80%)
Puts: $94.6K (20%)
Prior (08/07) $568.3K
Calls: $483.5K (85%)
Puts: $84.8K (15%)
Current vs Prior -15.80%
Calls: -20.59%
Puts: +11.50%
Prior 7-Day Total $29.94M
Calls: $25.31M (85%)
Puts: $4.63M (15%)
Prior 7-Day Average $4.28M
Calls: $3.62M (85%)
Puts: $661.5K (15%)
Current vs Prior 7-Day Avg -88.81%
Calls: -89.38%
Puts: -85.70%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/13 10:20am) 0.24
Prior (08/07) 0.43
Current vs Prior -43.83%
Prior 7-Day Average 0.82
Current vs Prior 7-Day Avg -70.64%
Sentiment BULLISH

Open Interest

Detail
Current (08/13 10:20am) 670,015
Calls: 409,870 (61%)
Puts: 260,145 (39%)
Prior (08/07) 604,511
Calls: 387,856 (64%)
Puts: 216,655 (36%)
Current vs Prior +10.84%
Prior 7-Day Total 3,506,007
Calls: 1,988,285 (57%)
Puts: 1,517,722 (43%)
Prior 7-Day Average 500,858
Calls: 284,040 (57%)
Puts: 216,817 (43%)
Current vs Prior 7-Day Avg +33.77%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 5.05% | 8.57%8.57% | 15.26%
Prior 6.89% | 9.75%9.75% | 16.38%
Current vs Prior -26.77% | -12.15%-12.15% | -6.88%
Prior 7-Day Avg 7.88% | 11.39%11.60% | 17.16%
Current vs 7-Day Avg -35.98% | -24.81%-26.17% | -11.10%
Prior 7-Day Eod 6.89% | 9.75%9.24% | 17.32%
Current vs 7-Day Eod -26.77% | -12.15%-7.25% | -11.91%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 33.89% | 34.02%
Calls: 40.00% | 39.47%
Puts: 27.78% | 28.57%
Prior 28.18% | 21.70%
Calls: 28.57% | 15.62%
Puts: 27.78% | 27.78%
Current vs Prior +20.26% | +56.77%
Prior 7-Day Avg 32.43% | 35.06%
Calls: 33.28% | 23.70%
Puts: 32.34% | 37.88%
Current vs 7-Day Avg +4.50% | -2.98%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 80% of dollar volume in calls ($383.9K) vs puts ($94.6K). Below-average activity with volume down 54% vs prior. Extreme bullish P/C ratio of 0.24 - heavy call buying (8,084 calls vs 1,954 puts). P/C ratio dropping 44% - 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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
10:20BULLISHBULLISHBULLISH
10:15BULLISHBULLISHBULLISH
10:10BULLISHBULLISHBULLISH
10:05BULLISHBULLISHBULLISH
10:00BULLISHBULLISHBULLISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
09:45BULLISHBULLISHBULLISH
09:40BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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. 4 found (avg $0.62, cheapest $0.55)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 140.500.60$0.5518.2%1050.904.1K
$8.00Aug 210.600.70$0.6515.4%6680.7436.5K
$9.00Sep 40.350.40$0.3813.2%300.38522
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Sep 180.850.95$0.9011.1%200.59758

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 36 found (avg delta 0.75, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Sep 41.201.95$1.5847.5%--0.9661
$7.00Aug 141.351.60$1.4816.9%270.95207
$7.00Aug 281.301.85$1.5834.8%--0.95103
$7.50Aug 140.951.10$1.0214.7%1100.943.2K
$7.00Aug 211.351.55$1.4513.8%520.938.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 141.401.80$1.6025.0%1000.974
$9.50Aug 140.951.20$1.0823.1%80.9711
$10.00Aug 211.201.85$1.5342.5%--0.8685
$9.00Aug 140.300.75$0.5384.9%30.8033
$10.00Sep 181.451.90$1.6726.9%--0.7746

Most actively traded options today. High liquidity = easy entry/exit. 68 active (total vol 7.9K, top 1.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 140.050.10$0.0862.5%1.6K0.244.9K
$8.00Aug 210.600.70$0.6515.4%6680.7436.5K
$9.50Aug 280.150.20$0.1827.8%5920.241.0K
$9.00Aug 210.150.25$0.2050.0%5240.3337.8K
$8.50Aug 140.200.30$0.2540.0%4530.572.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 140.150.20$0.1827.8%3710.442.2K
$8.50Aug 280.400.65$0.5347.2%2210.48233
$8.50Aug 210.300.40$0.3528.6%2060.471.2K
$9.00Aug 210.650.85$0.7526.7%1970.6723.2K
$10.00Aug 141.401.80$1.6025.0%1000.974

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 88.8%, max 107.3%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Aug 14Sep 25111.1%53.6%107.3%1.6K5.0K
$8.50Aug 14Sep 25105.0%60.5%73.7%4582.9K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Aug 14Sep 18111.1%57.5%93.3%23791
$8.50Aug 14Sep 11105.0%58.1%80.9%3742.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 36 found (best R:R 0.85, avg 1.79)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$7.50$8.00Sep 11$0.27$0.23$0.2781%0.85$7.77
$8.00$8.50Sep 25$0.20$0.30$0.2064%1.50$8.20
$8.00$8.50Aug 14$0.30$0.20$0.3090%0.67$8.30
$8.00$9.00Sep 18$0.45$0.55$0.4566%1.22$8.45
$9.00$10.00Sep 18$0.20$0.80$0.2040%4.00$9.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$8.50Sep 4$0.20$0.30$0.2061%1.50$8.80
$8.50$8.00Sep 11$0.17$0.33$0.1749%1.94$8.33
$9.00$8.50Sep 11$0.25$0.25$0.2562%1.00$8.75
$8.00$7.50Sep 25$0.13$0.37$0.1336%2.85$7.87
$7.50$7.00Sep 11$0.10$0.40$0.1022%4.00$7.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 18 found (best R:R 0.43, avg 0.52)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$9.50Sep 11$0.15$0.15$0.3563%0.43$9.15
$9.00$9.50Aug 28$0.15$0.15$0.3563%0.43$9.15
$9.50$10.00Sep 4$0.10$0.10$0.4072%0.25$9.60
$9.00$9.50Sep 25$0.15$0.15$0.3560%0.43$9.15
$9.00$9.50Sep 4$0.13$0.13$0.3762%0.35$9.13
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$7.00Sep 18$0.30$0.30$0.7066%0.43$7.70
$8.00$7.50Sep 11$0.23$0.23$0.2764%0.85$7.77
$8.00$7.50Aug 28$0.18$0.18$0.3268%0.56$7.82
$8.50$8.00Sep 4$0.28$0.28$0.2251%1.27$8.22
$7.50$7.00Sep 25$0.15$0.15$0.3574%0.43$7.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.15, cheapest $0.13)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 14Aug 21$0.13105.0%70.4%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 14Aug 21$0.17105.0%70.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 18 found (cheapest 5.05% of stock, avg 11.90%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Aug 14$0.25$0.18$0.43$8.07$8.935.05%
$8.00Aug 14$0.55$0.03$0.58$7.42$8.586.81%
$9.00Aug 14$0.08$0.53$0.61$8.39$9.617.16%
$8.50Aug 21$0.38$0.35$0.73$7.77$9.238.57%
$8.00Aug 21$0.65$0.15$0.80$7.20$8.809.39%
$9.00Aug 21$0.20$0.75$0.95$8.05$9.9511.15%
$8.00Aug 28$0.73$0.28$1.01$6.99$9.0111.85%
$8.50Aug 28$0.48$0.53$1.01$7.49$9.5111.85%
$8.50Sep 11$0.50$0.60$1.10$7.40$9.6012.91%
$8.00Sep 4$0.78$0.35$1.13$6.87$9.1313.26%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 73 found (cheapest 0.70% of stock, avg 5.19%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.00$7.50Aug 14$0.03$0.03$0.06$7.44$10.06
$10.00$7.00Aug 14$0.03$0.03$0.06$6.94$10.06
$9.50$8.00Aug 14$0.03$0.03$0.06$7.94$9.56
$9.50$7.50Aug 14$0.03$0.03$0.06$7.44$9.56
$9.50$7.00Aug 14$0.03$0.03$0.06$6.94$9.56
$10.00$8.00Aug 14$0.03$0.03$0.06$7.94$10.06
$10.00$7.00Aug 21$0.08$0.03$0.11$6.89$10.11
$9.00$8.00Aug 14$0.08$0.03$0.11$7.89$9.11
$9.00$7.50Aug 14$0.08$0.03$0.11$7.39$9.11
$9.00$7.00Aug 14$0.08$0.03$0.11$6.89$9.11

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 1.17, avg credit $0.27)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
8/810/10Sep 4$0.27$0.2337%1.17$7.73$9.77

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 38 found (best R:R 4.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Aug 14$0.13$0.3766%2.85
$7.00$8.00$9.00Sep 18$0.25$0.7548%3.00
$8.00$8.50$9.00Aug 21$0.09$0.4141%4.56
$8.50$9.00$9.50Aug 14$0.12$0.3848%3.17
$8.00$9.00$10.00Sep 18$0.25$0.7543%3.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$8.00$9.00Sep 18$0.20$0.8047%4.00
$8.00$8.50$9.00Aug 14$0.20$0.3069%1.50
$7.50$8.00$8.50Aug 28$0.07$0.4332%6.14
$8.00$8.50$9.00Aug 28$0.07$0.4330%6.14
$8.00$9.00$10.00Sep 18$0.27$0.7342%2.70

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 37 found (best net $-0.15, 29 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$8.001:2Sep 18-$0.15$0.85
$7.50$8.001:2Aug 14-$0.08$0.42
$9.00$10.001:2Sep 18$0.00$1.00
$8.00$8.501:2Aug 21-$0.11$0.39
$7.50$8.001:2Aug 21-$0.28$0.22
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.001:2Sep 18-$0.13$0.87
$8.50$8.001:2Sep 4-$0.07$0.43
$9.00$8.501:2Aug 28-$0.21$0.29
$7.50$7.001:2Sep 25-$0.05$0.45
$8.50$8.001:2Sep 11-$0.26$0.24

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 14 found (best yield 2.35%, avg 2.14%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Sep 25$0.200.2617.4%2.35%19.72%833
$9.00Sep 18$0.350.405.6%4.11%9.74%43117.1K
$9.00Sep 4$0.350.385.6%4.11%9.74%30522
$10.00Sep 18$0.150.2317.4%1.76%19.13%484.8K
$10.00Sep 11$0.100.2517.4%1.17%18.54%58577
$9.00Aug 28$0.250.375.6%2.93%8.57%82646
$9.50Sep 4$0.150.2811.5%1.76%13.26%7081
$9.00Sep 25$0.200.405.6%2.35%7.98%--88
$9.50Aug 28$0.150.2411.5%1.76%13.26%5921.0K
$10.00Aug 28$0.100.1917.4%1.17%18.54%1731.1K

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 8,084
Total Puts 1,954
Put/Call Ratio 0.24
Net Difference 6,130

Prior's Put/Call Breakdown

Total Calls 15,303
Total Puts 6,585
Put/Call Ratio 0.43
Net Difference 8,718

Prior 7-Day Put/Call Summary

Total Calls 334,345
Total Puts 114,984
Average Put/Call Ratio 0.82
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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