Tour v526
WEN
WENDYS CO A
$7.88 -12.89%
8/27 10:20

Option Volume

Detail
Current (08/27 10:20am) 14,332
Calls: 11,165 (78%)
Puts: 3,167 (22%)
Prior (08/13) 10,038
Calls: 8,084 (81%)
Puts: 1,954 (19%)
Current vs Prior +42.78%
Calls: +38.11% (Calls)
Puts: +62.08% (Puts)
Prior 7-Day Total 475,103
Calls: 354,958 (75%)
Puts: 120,145 (25%)
Prior 7-Day Average 67,871
Calls: 50,708 (75%)
Puts: 17,163 (25%)
Current vs Prior 7-Day Avg -78.88%
Calls: -77.98%
Puts: -81.55%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/27 10:20am) $836.7K
Calls: $643.1K (77%)
Puts: $193.5K (23%)
Prior (08/13) $478.5K
Calls: $383.9K (80%)
Puts: $94.6K (20%)
Current vs Prior +74.87%
Calls: +67.53%
Puts: +104.64%
Prior 7-Day Total $31.81M
Calls: $27.10M (85%)
Puts: $4.72M (15%)
Prior 7-Day Average $4.54M
Calls: $3.87M (85%)
Puts: $674.0K (15%)
Current vs Prior 7-Day Avg -81.59%
Calls: -83.38%
Puts: -71.29%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/27 10:20am) 0.28
Prior (08/13) 0.24
Current vs Prior +17.35%
Prior 7-Day Average 0.82
Current vs Prior 7-Day Avg -65.53%
Sentiment BULLISH

Open Interest

Detail
Current (08/27 10:20am) 368,257
Calls: 310,822 (84%)
Puts: 57,435 (16%)
Prior (08/13) 670,015
Calls: 409,870 (61%)
Puts: 260,145 (39%)
Current vs Prior -45.04%
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 -26.47%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 4.06% | 7.11%8.88% | 13.71%
Prior 3.81% | 8.21%8.21% | 14.45%
Current vs Prior +6.45% | -13.42%+8.22% | -5.16%
Prior 7-Day Avg 7.30% | 10.94%10.47% | 16.26%
Current vs 7-Day Avg -44.39% | -35.04%-15.18% | -15.71%
Prior 7-Day Eod 3.82% | 8.21%9.18% | 14.16%
Current vs 7-Day Eod +6.45% | -13.42%-3.25% | -3.20%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 80.00% | 33.62%
Calls: 100.00% | 27.78%
Puts: 60.00% | 39.47%
Prior 66.42% | 44.23%
Calls: 21.74% | 34.88%
Puts: 111.11% | 53.57%
Current vs Prior +20.45% | -23.99%
Prior 7-Day Avg 37.29% | 36.37%
Calls: 31.63% | 25.56%
Puts: 45.47% | 40.12%
Current vs 7-Day Avg +114.56% | -7.57%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($643.1K) vs puts ($193.5K). Elevated premium activity with dollar volume up 75% vs prior. Extreme bullish P/C ratio of 0.28 - heavy call buying (11,165 calls vs 3,167 puts). Call-heavy open interest (310,822 calls vs 57,435 puts) suggests bullish positioning.

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. 1 found (avg $0.77, cheapest $0.77)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Sep 40.700.85$0.7719.5%200.80577

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 31 found (avg delta 0.78, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Sep 110.901.65$1.2759.1%--0.9636
$7.00Sep 110.601.15$0.8862.5%500.9543
$6.50Sep 40.852.00$1.4380.4%--0.9537
$7.00Sep 40.501.25$0.8885.2%--0.9551
$6.50Aug 281.201.65$1.4231.7%40.9340
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 281.001.25$1.1322.1%140.92631
$9.00Sep 41.101.40$1.2524.0%--0.91526
$8.50Aug 280.600.80$0.7028.6%3320.891.4K
$9.00Sep 111.001.45$1.2336.6%50.87298
$9.00Sep 181.101.40$1.2524.0%200.841.2K

Most actively traded options today. High liquidity = easy entry/exit. 53 active (total vol 6.6K, top 1.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Sep 180.050.10$0.0862.5%1.4K0.1526.3K
$8.00Aug 280.050.15$0.10100.0%6810.38674
$9.00Sep 40.000.05$0.03166.7%5220.083.3K
$8.00Sep 180.200.30$0.2540.0%5050.436.0K
$9.00Sep 110.000.10$0.05200.0%2220.121.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 280.600.80$0.7028.6%3320.891.4K
$7.50Sep 180.150.25$0.2050.0%3210.345
$7.50Sep 40.050.15$0.10100.0%2690.28521
$8.00Aug 280.150.30$0.2268.2%2620.62948
$8.00Sep 40.300.45$0.3839.5%2610.601.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 83.6%, max 83.6%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Aug 28Oct 283.8%45.6%83.6%793771
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Aug 28Oct 283.8%45.6%83.6%264954

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 23 found (best R:R 0.52, avg 1.53)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$7.00$7.50Sep 25$0.33$0.17$0.3389%0.52$7.33
$7.50$8.00Sep 4$0.25$0.25$0.2578%1.00$7.75
$7.50$8.00Aug 28$0.30$0.20$0.3087%0.67$7.80
$8.00$8.50Sep 11$0.10$0.40$0.1041%4.00$8.10
$7.50$8.00Sep 11$0.25$0.25$0.2570%1.00$7.75
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.00$7.50Sep 25$0.22$0.28$0.2256%1.27$7.78
$8.50$8.00Sep 25$0.33$0.17$0.3373%0.52$8.17
$7.50$7.00Sep 18$0.10$0.40$0.1034%4.00$7.40
$8.00$7.50Sep 11$0.22$0.28$0.2259%1.27$7.78
$8.50$8.00Oct 2$0.33$0.17$0.3373%0.52$8.17

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 8 found (best R:R 0.67, avg 0.42)

BEAR CALL (4)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$8.50Oct 2$0.20$0.20$0.3055%0.67$8.20
$8.00$8.50Sep 25$0.15$0.15$0.3556%0.43$8.15
$8.00$8.50Sep 18$0.12$0.12$0.3857%0.32$8.12
$8.00$8.50Sep 11$0.10$0.10$0.4059%0.25$8.10
BULL PUT (4)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$7.50$7.00Sep 25$0.20$0.20$0.3063%0.67$7.30
$7.50$7.00Sep 11$0.13$0.13$0.3767%0.35$7.37
$7.50$7.00Oct 2$0.15$0.15$0.3564%0.43$7.35
$7.50$7.00Sep 18$0.10$0.10$0.4066%0.25$7.40

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.12, cheapest $0.08)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Aug 28Sep 4$0.0883.8%55.7%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Aug 28Sep 4$0.1683.8%55.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 18 found (cheapest 4.06% of stock, avg 9.49%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.00Aug 28$0.10$0.22$0.32$7.68$8.324.06%
$7.50Aug 28$0.40$0.03$0.43$7.07$7.935.46%
$7.50Sep 4$0.43$0.10$0.53$6.97$8.036.73%
$8.00Sep 4$0.18$0.38$0.56$7.44$8.567.11%
$8.00Sep 11$0.20$0.40$0.60$7.40$8.607.61%
$7.50Sep 11$0.45$0.18$0.63$6.87$8.137.99%
$8.00Sep 18$0.25$0.45$0.70$7.30$8.708.88%
$7.50Sep 18$0.52$0.20$0.72$6.78$8.229.14%
$8.50Aug 28$0.03$0.70$0.73$7.77$9.239.26%
$8.00Sep 25$0.30$0.52$0.82$7.18$8.8210.41%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 48 found (cheapest 0.76% of stock, avg 3.08%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.00$7.00Aug 28$0.03$0.03$0.06$6.94$9.06
$9.00$6.50Aug 28$0.03$0.03$0.06$6.44$9.06
$8.50$7.50Aug 28$0.03$0.03$0.06$7.44$8.56
$8.50$7.00Aug 28$0.03$0.03$0.06$6.94$8.56
$8.50$6.50Aug 28$0.03$0.03$0.06$6.44$8.56
$9.00$7.50Aug 28$0.03$0.03$0.06$7.44$9.06
$9.00$6.50Sep 4$0.03$0.05$0.08$6.42$9.08
$9.00$7.00Sep 4$0.03$0.05$0.08$6.92$9.08
$9.00$7.00Sep 11$0.05$0.05$0.10$6.90$9.10
$9.00$6.50Sep 11$0.05$0.05$0.10$6.40$9.10

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

No iron condor setups found

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 33 found (best R:R 7.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$7.50$8.00Sep 25$0.06$0.4445%7.33
$7.50$8.00$8.50Aug 28$0.23$0.2776%1.17
$7.50$8.00$8.50Sep 4$0.15$0.3559%2.33
$7.00$7.50$8.00Sep 18$0.09$0.4144%4.56
$7.50$8.00$8.50Oct 2$0.08$0.4239%5.25
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.50$8.00$8.50Sep 4$0.11$0.3952%3.55
$7.00$7.50$8.00Sep 11$0.09$0.4146%4.56
$7.50$8.00$8.50Oct 2$0.06$0.4436%7.33
$7.50$8.00$8.50Aug 28$0.29$0.2175%0.72
$8.00$8.50$9.00Sep 4$0.09$0.4131%4.56

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 28 found (best net $-0.07, 20 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$7.501:2Sep 18-$0.16$0.34
$7.50$8.001:2Oct 2-$0.07$0.43
$6.50$7.001:2Sep 4-$0.33$0.17
$7.00$7.501:2Sep 25-$0.24$0.26
$6.50$7.001:2Aug 28-$0.34$0.16
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.50$8.001:2Sep 18-$0.07$0.43
$9.00$8.501:2Aug 28-$0.27$0.23
$9.00$8.501:2Sep 4-$0.29$0.21
$8.50$8.001:2Sep 25-$0.19$0.31
$8.00$7.501:2Sep 25-$0.08$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 7 found (best yield 1.27%, avg 1.99%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.50Sep 25$0.100.267.9%1.27%9.14%22311
$8.00Oct 2$0.200.451.5%2.54%4.06%11297
$8.00Sep 18$0.200.431.5%2.54%4.06%5056.0K
$8.00Sep 25$0.200.431.5%2.54%4.06%22442
$8.50Sep 18$0.100.247.9%1.27%9.14%112
$8.00Sep 11$0.150.411.5%1.90%3.43%180522
$8.00Sep 4$0.150.401.5%1.90%3.43%181521

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 11,165
Total Puts 3,167
Put/Call Ratio 0.28
Net Difference 7,998

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 354,958
Total Puts 120,145
Average Put/Call Ratio 0.82
Ratio Trend Rising

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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