Tour v366
WFC
WELLS FARGO & CO
$86.33 -1.35%
$86.35 (+0.02%)🌙
as of 07/20 06:05 PM
7/20 18:05

Option Volume

Detail
Current (07/20) 51,959
Calls: 29,451 (57%)
Puts: 22,508 (43%)
Prior (07/17) 63,813
Calls: 31,864 (50%)
Puts: 31,949 (50%)
Current vs Prior -18.58%
Calls: -7.57% (Calls)
Puts: -29.55% (Puts)
Prior 7-Day Total 505,628
Calls: 281,903 (56%)
Puts: 223,725 (44%)
Prior 7-Day Average 72,232
Calls: 40,271 (56%)
Puts: 31,960 (44%)
Current vs Prior 7-Day Avg -28.07%
Calls: -26.87%
Puts: -29.58%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/20) $11.90M
Calls: $5.26M (44%)
Puts: $6.64M (56%)
Prior (07/17) $14.54M
Calls: $7.68M (53%)
Puts: $6.86M (47%)
Current vs Prior -18.18%
Calls: -31.54%
Puts: -3.22%
Prior 7-Day Total $105.84M
Calls: $65.26M (62%)
Puts: $40.58M (38%)
Prior 7-Day Average $15.12M
Calls: $9.32M (62%)
Puts: $5.80M (38%)
Current vs Prior 7-Day Avg -21.31%
Calls: -43.60%
Puts: +14.52%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/20) 0.76
Prior (07/17) 1.00
Current vs Prior -23.78%
Prior 7-Day Average 0.84
Current vs Prior 7-Day Avg -9.04%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/20) 903,522
Calls: 386,874 (43%)
Puts: 516,648 (57%)
Prior (07/17) 1,061,511
Calls: 468,193 (44%)
Puts: 593,318 (56%)
Current vs Prior -14.88%
Prior 7-Day Total 6,569,289
Calls: 2,952,597 (45%)
Puts: 3,616,692 (55%)
Prior 7-Day Average 938,469
Calls: 421,799 (45%)
Puts: 516,670 (55%)
Current vs Prior 7-Day Avg -3.72%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 3.27% | 4.62%6.96% | 10.16%
Prior 3.61% | 4.89%0.62% | 8.16%
Current vs Prior -9.54% | -5.50%+1028.13% | +24.51%
Prior 7-Day Avg 3.39% | 5.10%3.52% | 8.98%
Current vs 7-Day Avg -3.71% | -9.43%+97.66% | +13.16%
Prior 7-Day Eod 3.61% | 4.89%0.62% | 8.16%
Current vs 7-Day Eod -9.54% | -5.50%+1028.13% | +24.51%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 7.59% | 9.03%
Calls: 7.75% | 8.21%
Puts: 7.43% | 9.85%
Prior 73.39% | 6.95%
Calls: 88.46% | 7.14%
Puts: 58.33% | 6.75%
Current vs Prior -89.66% | +29.93%
Prior 7-Day Avg 25.68% | 7.16%
Calls: 26.63% | 6.83%
Puts: 24.73% | 7.49%
Current vs 7-Day Avg -70.44% | +26.09%
Liquidity Expensive
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🤖 AI Insights

P/C ratio dropping 24% - sentiment shifting bullish.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
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 52 of results (avg 7.8%, best 4.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$86.00Jul 241.321.39$1.365.1%6650.562.2K
$86.00Aug 72.272.39$2.335.2%50.521.5K
$77.50Aug 218.959.45$9.205.4%--0.921.5K
$87.50Aug 212.042.16$2.105.7%1.2K0.433.9K
$85.00Aug 213.303.50$3.405.9%1630.572.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$87.00Aug 213.103.25$3.184.7%200.54--
$87.00Aug 142.863.00$2.934.8%--0.55633
$85.00Aug 212.152.27$2.215.4%980.439.4K
$87.50Aug 213.353.55$3.455.8%20.571.3K
$97.50Aug 2111.3012.00$11.656.0%--0.9456

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 18 found (avg $0.71, cheapest $0.46)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$90.00Jul 310.420.50$0.4617.4%6890.20767
$88.00Jul 240.450.53$0.4916.3%7.2K0.285.2K
$92.00Aug 140.490.57$0.5315.1%140.1793
$91.00Aug 70.500.60$0.5518.2%960.19490
$93.00Aug 210.510.60$0.5516.4%860.16--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Jul 240.550.66$0.6118.0%2860.323.6K
$82.00Aug 70.650.77$0.7116.9%1260.21125
$80.00Aug 210.710.80$0.7611.8%3900.185.5K
$82.00Aug 140.861.00$0.9315.1%540.2410
$86.00Jul 240.911.03$0.9712.4%9800.455.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 87 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$77.00Jul 318.0011.40$9.7035.1%--1.0015
$78.00Jul 316.5010.40$8.4546.2%--1.0011
$75.00Aug 79.5013.40$11.4534.1%--1.0024
$70.00Aug 2115.7018.30$17.0015.3%--1.00176
$72.50Aug 2112.0015.90$13.9528.0%--1.00430
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$94.00Jul 317.408.10$7.759.0%--0.9620
$92.00Jul 244.807.70$6.2546.4%140.9521
$97.50Aug 2111.3012.00$11.656.0%--0.9456
$91.00Jul 244.505.05$4.7811.5%140.94385
$94.00Aug 77.808.50$8.158.6%--0.9310

Most actively traded options today. High liquidity = easy entry/exit. 187 active (total vol 28.7K, top 7.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.00Jul 240.450.53$0.4916.3%7.2K0.285.2K
$89.00Jul 240.230.30$0.2725.9%2.5K0.183.0K
$87.00Jul 240.790.90$0.8512.9%1.5K0.421.2K
$87.50Aug 212.042.16$2.105.7%1.2K0.433.9K
$90.00Jul 310.420.50$0.4617.4%6890.20767
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$86.00Jul 311.451.64$1.5512.3%2.4K0.46398
$86.00Jul 240.911.03$0.9712.4%9800.455.6K
$85.00Jul 311.031.23$1.1317.7%6850.37644
$87.00Jul 311.882.17$2.0314.3%5050.55177
$80.00Aug 210.710.80$0.7611.8%3900.185.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 51 strikes (avg 56.3%, max 265.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Jul 24Aug 21133.8%36.6%265.8%9177
$75.00Jul 24Aug 2185.6%31.1%175.3%17492
$100.00Jul 24Aug 2862.8%26.2%139.9%10503
$97.00Jul 24Aug 2151.4%26.1%97.1%925
$98.00Jul 31Aug 2848.1%26.2%83.7%871
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$70.00Jul 24Aug 21133.8%36.6%265.8%104.9K
$75.00Jul 24Aug 2885.6%29.2%192.9%--307
$76.00Jul 24Aug 2878.6%27.9%181.4%8117
$74.00Jul 24Aug 2865.0%30.0%116.4%--62
$79.00Jul 24Aug 2855.5%28.0%98.1%16216

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 112 found (best R:R 16.86, avg 3.06)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$96.00$98.00Aug 28$0.18$1.82$0.1810.11$96.18
$98.00$100.00Jul 31$0.20$1.80$0.209.00$98.20
$91.00$92.00Jul 31$0.11$0.89$0.118.09$91.11
$94.00$95.00Aug 28$0.12$0.88$0.127.33$94.12
$89.00$90.00Jul 24$0.13$0.87$0.136.69$89.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$75.00$72.50Aug 21$0.14$2.36$0.1416.86$74.86
$81.00$80.00Aug 28$0.10$0.90$0.109.00$80.90
$71.00$70.00Jul 24$0.11$0.89$0.118.09$70.89
$79.00$77.00Aug 28$0.22$1.78$0.228.09$78.78
$80.00$79.00Aug 7$0.12$0.88$0.127.33$79.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 151 found (best R:R 24.00, avg 1.92)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$72.50$75.00Aug 21$2.40$2.40$0.1024.00$74.90
$75.00$79.00Aug 7$3.82$3.82$0.1821.22$78.82
$75.00$77.50Aug 21$2.35$2.35$0.1515.67$77.35
$79.00$80.00Aug 7$0.90$0.90$0.109.00$79.90
$82.00$83.00Jul 24$0.87$0.87$0.136.69$82.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$94.00$90.00Jul 31$3.70$3.70$0.3012.33$90.30
$97.50$92.50Aug 21$4.62$4.62$0.3812.16$92.88
$94.00$91.00Aug 7$2.65$2.65$0.357.57$91.35
$90.00$89.00Jul 24$0.83$0.83$0.174.88$89.17
$89.00$88.00Jul 24$0.81$0.81$0.194.26$88.19

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 36 found (avg debit $0.39, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$73.00Jul 24Jul 31$0.05109.0%84.4%
$95.00Jul 24Jul 31$0.0542.2%30.5%
$75.00Jul 24Aug 7$0.0785.6%32.0%
$94.00Jul 24Jul 31$0.0732.0%28.5%
$93.00Jul 24Jul 31$0.0935.1%28.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$80.00Jul 24Jul 31$0.1336.4%31.2%
$81.00Jul 24Jul 31$0.1935.4%30.4%
$74.00Jul 24Jul 31$0.2465.0%60.2%
$90.00Jul 24Jul 31$0.2731.2%28.0%
$82.00Jul 24Jul 31$0.2834.6%30.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 87 found (cheapest 2.68% of stock, avg 8.31%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$87.00Jul 24$0.85$1.46$2.31$84.69$89.312.68%
$86.00Jul 24$1.36$0.97$2.33$83.67$88.332.70%
$85.00Jul 24$1.97$0.61$2.58$82.42$87.582.99%
$88.00Jul 24$0.49$2.14$2.63$85.37$90.633.05%
$84.00Jul 24$2.74$0.33$3.07$80.93$87.073.56%
$89.00Jul 24$0.27$2.95$3.22$85.78$92.223.73%
$87.00Jul 31$1.46$2.03$3.49$83.51$90.494.04%
$86.00Jul 31$1.96$1.55$3.51$82.49$89.514.07%
$88.00Jul 31$1.04$2.63$3.67$84.33$91.674.25%
$85.00Jul 31$2.57$1.13$3.70$81.30$88.704.29%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.30% of stock, avg 3.04%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$91.00$83.00Jul 24$0.08$0.18$0.26$82.74$91.26
$90.00$83.00Jul 24$0.14$0.18$0.32$82.68$90.32
$91.00$84.00Jul 24$0.08$0.33$0.41$83.59$91.41
$89.00$83.00Jul 24$0.27$0.18$0.45$82.55$89.45
$90.00$84.00Jul 24$0.14$0.33$0.47$83.53$90.47
$91.00$71.00Jul 24$0.08$0.42$0.50$70.50$91.50
$90.00$71.00Jul 24$0.14$0.42$0.56$70.44$90.56
$89.00$84.00Jul 24$0.27$0.33$0.60$83.40$89.60
$88.00$83.00Jul 24$0.49$0.18$0.67$82.33$88.67
$89.00$71.00Jul 24$0.27$0.42$0.69$70.31$89.69

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 197 found (best R:R 12.64, avg credit $0.74)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
81/8282/84Aug 21$1.39$0.1112.64$80.61$83.89
72/7578/80Aug 21$2.31$0.1912.16$72.69$79.81
85/8690/91Aug 28$0.89$0.118.09$85.11$90.89
78/7984/85Aug 14$0.88$0.127.33$78.12$84.88
81/8283/84Aug 14$0.88$0.127.33$81.12$83.88
83/8485/86Aug 21$0.88$0.127.33$83.12$85.88
82/8385/86Aug 7$0.87$0.136.69$82.13$85.87
84/8586/87Aug 14$0.87$0.136.69$84.13$86.87
86/8788/89Aug 14$0.87$0.136.69$86.13$88.87
80/8183/84Aug 7$0.86$0.146.14$80.14$83.86

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 93 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$87.00$88.00$89.00Aug 7$0.05$0.9519.00
$92.00$93.00$94.00Aug 7$0.05$0.9519.00
$96.00$98.00$100.00Aug 28$0.10$1.9019.00
$80.00$81.00$82.00Jul 31$0.06$0.9415.67
$89.00$90.00$91.00Jul 31$0.06$0.9415.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$78.00$79.00$80.00Jul 31$0.05$0.9519.00
$82.00$83.00$84.00Aug 7$0.05$0.9519.00
$84.00$85.00$86.00Aug 21$0.05$0.9519.00
$80.00$81.00$82.00Jul 31$0.06$0.9415.67
$85.00$86.00$87.00Jul 31$0.06$0.9415.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 114 found (best net $-0.22, 108 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$97.00$100.001:2Jul 24-$0.03$2.97
$97.50$100.001:2Aug 21$0.00$2.50
$96.00$98.001:2Aug 28-$0.02$1.98
$98.00$100.001:2Aug 28-$0.04$1.96
$98.00$100.001:2Aug 7-$0.20$1.80
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$94.00$89.001:2Aug 14-$0.22$4.78
$94.00$90.001:2Jul 31-$0.35$3.65
$97.50$92.501:2Aug 21-$2.41$2.59
$72.50$70.001:2Aug 21-$0.11$2.39
$77.00$75.001:2Aug 21-$0.14$1.86

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 55 found (best yield 2.91%, avg 0.90%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$87.00Aug 28$2.510.460.8%2.91%3.68%463
$87.00Aug 21$2.230.460.8%2.58%3.36%136--
$87.50Aug 21$2.040.431.4%2.36%3.72%1.2K3.9K
$88.00Aug 28$2.030.411.9%2.35%4.29%212
$87.00Aug 14$2.000.450.8%2.32%3.09%300381
$88.00Aug 21$1.780.401.9%2.06%4.00%85--
$87.00Aug 7$1.770.450.8%2.05%2.83%99113
$89.00Aug 28$1.680.363.1%1.95%5.04%1085
$88.00Aug 14$1.570.391.9%1.82%3.75%399
$89.00Aug 21$1.410.343.1%1.63%4.73%36--

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 29,451
Total Puts 22,508
Put/Call Ratio 0.76
Net Difference 6,943

Prior's Put/Call Breakdown

Total Calls 31,864
Total Puts 31,949
Put/Call Ratio 1.00
Net Difference -85

Prior 7-Day Put/Call Summary

Total Calls 281,903
Total Puts 223,725
Average Put/Call Ratio 0.84
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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