Tour v303
WMG
WARNER MUSIC GROUP C A
$28.89 +1.58%
$28.90 (+0.03%)🌙
as of 07/08 07:14 PM
(7/7 19:14) ◀
|
Wednesday, July 8, 2026 (7:14pm)
January 2026
|
▶ (7/9 19:15)
◀ 7/8 19:14 ▶

Option Volume

Detail
ℹ
Current (07/08) 20
Calls: 9 (45%)
Puts: 11 (55%)
Prior (07/07) 33
Calls: 31 (94%)
Puts: 2 (6%)
Current vs Prior -39.39%
Calls: -70.97% (Calls)
Puts: +450.00% (Puts)
Prior 7-Day Total 425
Calls: 314 (74%)
Puts: 111 (26%)
Prior 7-Day Average 60
Calls: 44 (74%)
Puts: 15 (26%)
Current vs Prior 7-Day Avg -67.06%
Calls: -79.94%
Puts: -30.63%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/08) $3.3K
Calls: $1.1K (33%)
Puts: $2.2K (67%)
Prior (07/07) $5.7K
Calls: $3.6K (62%)
Puts: $2.1K (38%)
Current vs Prior -42.36%
Calls: -69.16%
Puts: +2.09%
Prior 7-Day Total $65.3K
Calls: $53.6K (82%)
Puts: $11.7K (18%)
Prior 7-Day Average $9.3K
Calls: $7.7K (82%)
Puts: $1.7K (18%)
Current vs Prior 7-Day Avg -64.66%
Calls: -85.63%
Puts: +31.30%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/08) 1.22
Prior (07/07) 0.06
Current vs Prior +1794.44%
Prior 7-Day Average 0.53
Current vs Prior 7-Day Avg +129.40%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/08) 9
Calls: 9 (100%)
Puts: -- (0%)
Prior (07/07) 2,181
Calls: 2,181 (100%)
Puts: -- (0%)
Current vs Prior -99.59%
Prior 7-Day Total 18,271
Calls: 18,269 (100%)
Puts: 2 (0%)
Prior 7-Day Average 3,045
Calls: 3,044 (100%)
Puts: 2 (0%)
Current vs Prior 7-Day Avg -99.70%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 10.90% | 14.92%10.90% | 14.92%
Prior 8.26% | 15.40%8.26% | 15.40%
Current vs Prior +31.95% | -3.13%+31.95% | -3.13%
Prior 7-Day Avg 10.08% | 15.91%9.88% | 15.20%
Current vs 7-Day Avg +8.14% | -6.22%+10.36% | -1.85%
Prior 7-Day Eod 8.26% | 15.40%-- | --
Current vs 7-Day Eod +31.95% | -3.13%-- | --
Sentiment BEARISHBEARISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 110.43% | 65.84%
Calls: 92.86% | 66.67%
Puts: 128.00% | 65.00%
Prior 110.43% | 65.84%
Calls: 92.86% | 66.67%
Puts: 128.00% | 65.00%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 118.62% | 81.22%
Calls: 103.56% | 81.82%
Puts: 128.00% | 80.61%
Current vs 7-Day Avg -6.90% | -18.93%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 67% put dollar volume ($2.2K). Bearish P/C ratio of 1.22 indicates protective positioning. P/C ratio rising 1794% - increased hedging/bearish positioning. Declining open interest (down 100%) indicates positions being closed.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
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. -- found (avg $--, cheapest $--)

No options available for this category

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

No options available for this category

Most actively traded options today. High liquidity = easy entry/exit. 5 active (total vol 9, top 4)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$30.00Jul 170.000.70$0.35200.0%20.277
$29.00Jul 170.002.10$1.05200.0%10.47--
$31.00Aug 210.151.35$0.75160.0%10.312
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$27.00Aug 210.301.85$1.08143.5%40.32--
$28.00Aug 210.801.70$1.2572.0%10.40--

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1 found (best R:R 4.88, avg 4.88)

BULL CALL (0)
No bull call found
BEAR PUT (1)
BuySellExpiryDebitMax GainMax LossR:RBE
$28.00$27.00Aug 21$0.17$0.83$0.174.88$27.83

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 2 found (best R:R 2.33, avg 1.27)

BEAR CALL (1)
SellBuyExpiryCreditMax GainMax LossR:RBE
$29.00$30.00Jul 17$0.70$0.70$0.302.33$29.70
BULL PUT (1)
SellBuyExpiryCreditMax GainMax LossR:RBE
$28.00$27.00Aug 21$0.17$0.17$0.830.20$27.83

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

No setups found for this strategy

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

No straddle setups found

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 2 found (cheapest 6.33% of stock, avg 6.62%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$31.00$27.00Aug 21$0.75$1.08$1.83$25.17$32.83
$31.00$28.00Aug 21$0.75$1.25$2.00$26.00$33.00

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. -- found (best R:R --, cheapest $--)

No setups found for this strategy

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 2 found (best net $-0.91, 1 credits)

CALLS (1)
Buy KSell KRatioExpiryNetMax Gain
$29.00$30.001:2Jul 17$0.35$0.65
PUTS (1)
Buy KSell KRatioExpiryNetMax Gain
$28.00$27.001:2Aug 21-$0.91$0.09

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 1 found (best yield 0.52%, avg 0.52%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$31.00Aug 21$0.150.317.3%0.52%7.82%12

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 9
Total Puts 11
Put/Call Ratio 1.22
Net Difference -2

Prior's Put/Call Breakdown

Total Calls 31
Total Puts 2
Put/Call Ratio 0.06
Net Difference 29

Prior 7-Day Put/Call Summary

Total Calls 314
Total Puts 111
Average Put/Call Ratio 0.53
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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