Tour v340
XLE
State StreetEngySelSectSPDRETF
$56.50 -0.79%
$56.52 (+0.03%)🌙
as of 07/15 06:14 PM
7/15 18:14

Option Volume

Detail
Current (07/15) 147,827
Calls: 69,425 (47%)
Puts: 78,402 (53%)
Prior (07/14) 113,865
Calls: 72,822 (64%)
Puts: 41,043 (36%)
Current vs Prior +29.83%
Calls: -4.66% (Calls)
Puts: +91.02% (Puts)
Prior 7-Day Total 1,066,326
Calls: 717,406 (67%)
Puts: 348,920 (33%)
Prior 7-Day Average 152,332
Calls: 102,486 (67%)
Puts: 49,845 (33%)
Current vs Prior 7-Day Avg -2.96%
Calls: -32.26%
Puts: +57.29%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/15) $12.76M
Calls: $7.29M (57%)
Puts: $5.47M (43%)
Prior (07/14) $9.56M
Calls: $6.67M (70%)
Puts: $2.89M (30%)
Current vs Prior +33.49%
Calls: +9.26%
Puts: +89.40%
Prior 7-Day Total $120.92M
Calls: $76.22M (63%)
Puts: $44.70M (37%)
Prior 7-Day Average $17.27M
Calls: $10.89M (63%)
Puts: $6.39M (37%)
Current vs Prior 7-Day Avg -26.12%
Calls: -33.06%
Puts: -14.27%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/15) 1.13
Prior (07/14) 0.56
Current vs Prior +100.37%
Prior 7-Day Average 0.51
Current vs Prior 7-Day Avg +122.82%
Sentiment BEARISH

Open Interest

Detail
Current (07/15) 2,394,139
Calls: 1,293,484 (54%)
Puts: 1,100,655 (46%)
Prior (07/14) 2,588,088
Calls: 1,365,607 (53%)
Puts: 1,222,481 (47%)
Current vs Prior -7.49%
Prior 7-Day Total 29,429,922
Calls: 12,592,130 (43%)
Puts: 16,837,792 (57%)
Prior 7-Day Average 4,204,274
Calls: 1,798,875 (43%)
Puts: 2,405,398 (57%)
Current vs Prior 7-Day Avg -43.05%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 1.56% | 3.03%1.56% | 7.35%
Prior 2.55% | 3.95%2.55% | 7.60%
Current vs Prior -38.83% | -23.39%-38.83% | -3.39%
Prior 7-Day Avg 2.61% | 3.98%3.32% | 7.76%
Current vs 7-Day Avg -40.30% | -23.94%-53.08% | -5.40%
Prior 7-Day Eod 2.55% | 3.95%2.55% | 7.60%
Current vs 7-Day Eod -38.83% | -23.39%-38.83% | -3.39%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 9.87% | 7.85%
Calls: 5.45% | 6.12%
Puts: 14.29% | 9.57%
Prior 7.42% | 6.62%
Calls: 7.59% | 8.47%
Puts: 7.25% | 4.76%
Current vs Prior +33.02% | +18.58%
Prior 7-Day Avg 10.77% | 7.65%
Calls: 11.92% | 6.72%
Puts: 9.63% | 8.58%
Current vs 7-Day Avg -8.36% | +2.63%
Liquidity Expensive
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.13. P/C ratio rising 100% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 16 of results (avg 7.6%, best 2.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Aug 210.750.77$0.762.6%9.3K0.2764.1K
$52.00Aug 215.055.25$5.153.9%10.86521
$49.00Jul 317.507.95$7.735.8%10.983
$50.00Aug 216.757.20$6.986.4%20.93--
$51.00Jul 315.555.95$5.757.0%10.95--
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Jul 248.208.70$8.455.9%31.0010
$59.00Aug 213.103.40$3.259.2%100.68732
$61.00Aug 214.555.00$4.789.4%30.79--
$58.00Aug 212.412.66$2.549.8%190.603.9K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.52, cheapest $0.11)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Aug 210.750.77$0.762.6%9.3K0.2764.1K
$56.50Jul 240.840.98$0.9115.4%5480.52630
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$53.50Jul 240.100.12$0.1118.2%1260.10257
$52.00Aug 210.330.40$0.3718.9%2.8K0.1423.9K
$54.50Jul 310.380.45$0.4216.7%370.23324
$53.00Aug 210.490.58$0.5317.0%550.2017.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 73 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Jul 176.307.75$7.0320.6%20.99--
$46.00Jul 179.3012.35$10.8328.2%10.99--
$48.00Jul 177.659.75$8.7024.1%20.99101
$52.00Jul 174.354.80$4.579.8%30.991.6K
$49.00Jul 176.708.75$7.7326.5%20.993
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Jul 248.208.70$8.455.9%31.0010
$58.00Jul 171.301.65$1.4823.6%3010.89--
$57.50Jul 170.861.39$1.1346.9%210.8159
$61.00Aug 214.555.00$4.789.4%30.79--
$59.00Jul 312.532.92$2.7214.3%10.758

Most actively traded options today. High liquidity = easy entry/exit. 233 active (total vol 120.9K, top 23.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$60.00Aug 210.750.77$0.762.6%9.3K0.2764.1K
$58.00Aug 211.081.46$1.2729.9%8.3K0.4026.6K
$56.00Jul 170.690.95$0.8231.7%8.0K0.6728.6K
$56.50Jul 170.380.54$0.4634.8%6.1K0.5211.4K
$57.50Jul 170.100.14$0.1233.3%2.9K0.209.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$56.00Jul 170.200.35$0.2853.6%23.5K0.3316.9K
$57.00Jul 170.550.82$0.6939.1%15.7K0.6639.7K
$55.00Jul 170.050.09$0.0757.1%7.9K0.1135.2K
$55.50Jul 240.290.46$0.3844.7%4.3K0.2939
$52.00Aug 210.330.40$0.3718.9%2.8K0.1423.9K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 45 strikes (avg 55.8%, max 232.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$49.00Jul 17Jul 3183.4%33.0%152.5%36
$64.00Jul 17Aug 2873.1%29.3%149.2%6--
$50.00Jul 17Aug 2167.4%28.0%140.4%4--
$62.00Jul 17Aug 2859.7%25.0%138.9%6--
$51.00Jul 17Jul 3162.9%30.0%109.7%5438
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$47.00Jul 17Aug 21105.3%31.7%232.4%355.2K
$51.00Jul 17Aug 2862.9%25.6%145.5%56.1K
$50.00Jul 17Aug 2167.4%28.0%140.4%5337.3K
$52.50Jul 17Aug 2846.8%25.7%81.9%211.2K
$52.00Jul 17Aug 2147.9%26.3%81.8%2.8K39.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 93 found (best R:R 26.27, avg 2.78)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$62.00$65.00Aug 7$0.11$2.89$0.1126.27$62.11
$63.00$65.00Aug 21$0.19$1.81$0.199.53$63.19
$63.00$64.00Aug 28$0.12$0.88$0.127.33$63.12
$62.00$63.00Jul 31$0.13$0.87$0.136.69$62.13
$61.00$62.00Aug 7$0.14$0.86$0.146.14$61.14
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$49.50$48.00Aug 28$0.11$1.39$0.1112.64$49.39
$48.00$47.00Aug 21$0.11$0.89$0.118.09$47.89
$52.00$51.00Aug 21$0.12$0.88$0.127.33$51.88
$50.50$49.50Aug 28$0.14$0.86$0.146.14$50.36
$53.00$52.00Aug 21$0.16$0.84$0.165.25$52.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 114 found (best R:R 19.59, avg 1.37)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$50.00$52.00Aug 21$1.83$1.83$0.1710.76$51.83
$51.50$53.00Aug 14$1.35$1.35$0.159.00$52.85
$52.00$53.00Aug 21$0.87$0.87$0.136.69$52.87
$53.50$55.00Aug 14$1.23$1.23$0.274.56$54.73
$53.00$54.50Aug 7$1.18$1.18$0.323.69$54.18
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$65.00$58.00Jul 24$6.66$6.66$0.3419.59$58.34
$61.00$59.00Aug 21$1.53$1.53$0.473.26$59.47
$57.00$56.50Jul 24$0.37$0.37$0.132.85$56.63
$58.00$57.50Jul 24$0.36$0.36$0.142.57$57.64
$59.00$58.00Aug 21$0.71$0.71$0.292.45$58.29

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 36 found (avg debit $0.24, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$53.00Jul 17Jul 24$0.1046.6%28.2%
$53.50Jul 17Jul 24$0.1042.6%27.6%
$59.50Jul 17Jul 24$0.1039.6%26.6%
$60.50Jul 24Jul 31$0.1328.1%27.4%
$54.00Jul 17Jul 24$0.1440.3%26.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$53.00Jul 17Jul 24$0.0646.6%28.2%
$49.50Aug 14Aug 28$0.0732.8%29.7%
$53.50Jul 17Jul 24$0.0842.6%27.6%
$47.50Aug 7Aug 14$0.0836.4%37.8%
$49.00Jul 31Aug 7$0.0933.0%36.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 67 found (cheapest 1.56% of stock, avg 6.05%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$56.50Jul 17$0.46$0.42$0.88$55.62$57.381.56%
$57.00Jul 17$0.26$0.69$0.95$56.05$57.951.68%
$56.00Jul 17$0.82$0.28$1.10$54.90$57.101.95%
$57.50Jul 17$0.12$1.13$1.25$56.25$58.752.21%
$55.50Jul 17$1.22$0.13$1.35$54.15$56.852.39%
$58.00Jul 17$0.07$1.48$1.55$56.45$59.552.74%
$56.50Jul 24$0.91$0.80$1.71$54.79$58.213.03%
$55.00Jul 17$1.67$0.07$1.74$53.26$56.743.08%
$56.00Jul 24$1.20$0.57$1.77$54.23$57.773.13%
$55.50Jul 24$1.44$0.38$1.82$53.68$57.323.22%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.18% of stock, avg 2.80%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$58.50$54.50Jul 17$0.05$0.05$0.10$54.40$58.60
$58.00$54.50Jul 17$0.07$0.05$0.12$54.38$58.12
$58.50$55.00Jul 17$0.05$0.07$0.12$54.88$58.62
$58.00$55.00Jul 17$0.07$0.07$0.14$54.86$58.14
$57.50$54.50Jul 17$0.12$0.05$0.17$54.33$57.67
$58.50$55.50Jul 17$0.05$0.13$0.18$55.32$58.68
$57.50$55.00Jul 17$0.12$0.07$0.19$54.81$57.69
$58.00$55.50Jul 17$0.07$0.13$0.20$55.30$58.20
$57.50$55.50Jul 17$0.12$0.13$0.25$55.25$57.75
$57.00$54.50Jul 17$0.26$0.05$0.31$54.19$57.31

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 173 found (best R:R 9.00, avg credit $0.54)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
52/5254/55Aug 14$1.35$0.159.00$50.65$54.85
51/5253/54Aug 21$0.87$0.136.69$51.13$53.87
52/5253/54Aug 7$1.30$0.206.50$51.20$54.30
47/4853/54Aug 21$0.86$0.146.14$47.14$53.86
52/5354/55Aug 21$0.86$0.146.14$52.14$54.86
58/5960/61Aug 21$0.85$0.155.67$58.15$60.85
57/5859/60Aug 21$0.84$0.165.25$57.16$59.84
52/5354/55Aug 28$0.84$0.165.25$52.16$54.84
51/5254/55Aug 21$0.82$0.184.56$51.18$54.82
54/5556/57Aug 21$0.82$0.184.56$54.18$56.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 59 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$53.00$54.00$55.00Aug 21$0.05$0.9519.00
$58.00$59.00$60.00Aug 14$0.06$0.9415.67
$59.00$60.00$61.00Aug 21$0.06$0.9415.67
$61.00$62.00$63.00Aug 21$0.06$0.9415.67
$55.00$56.00$57.00Aug 21$0.08$0.9211.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$50.00$51.00$52.00Aug 21$0.05$0.9519.00
$48.00$49.00$50.00Aug 21$0.06$0.9415.67
$52.00$53.00$54.00Aug 21$0.06$0.9415.67
$57.00$58.00$59.00Aug 21$0.07$0.9313.29
$50.00$51.00$52.00Aug 7$0.08$0.9211.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 104 found (best net $-0.01, 100 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$62.00$65.001:2Aug 7-$0.01$2.99
$63.00$65.001:2Aug 21-$0.02$1.98
$63.00$65.001:2Aug 14-$0.10$1.90
$57.00$59.001:2Aug 28-$0.77$1.23
$60.00$61.001:2Jul 17$0.00$1.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$50.00$47.001:2Jul 17-$0.01$2.99
$59.00$57.001:2Jul 31$0.00$2.00
$50.00$48.001:2Jul 24-$0.01$1.99
$49.50$48.001:2Aug 28-$0.03$1.47
$52.50$51.001:2Aug 28-$0.03$1.47

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 54 found (best yield 3.40%, avg 1.09%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$56.50Aug 28$1.920.520.0%3.40%3.40%1815
$57.00Aug 28$1.780.490.9%3.15%4.04%7229
$56.50Aug 14$1.650.510.0%2.92%2.92%42201
$57.00Aug 21$1.650.490.9%2.92%3.81%58316.9K
$57.00Aug 14$1.340.470.9%2.37%3.26%77310
$56.50Aug 7$1.250.520.0%2.21%2.21%38444
$56.50Jul 31$1.180.520.0%2.09%2.09%78283
$57.00Aug 7$1.150.470.9%2.04%2.92%14197
$57.50Aug 14$1.110.421.8%1.96%3.73%232
$58.00Aug 21$1.080.402.6%1.91%4.57%8.3K26.6K

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 69,425
Total Puts 78,402
Put/Call Ratio 1.13
Net Difference -8,977

Prior's Put/Call Breakdown

Total Calls 72,822
Total Puts 41,043
Put/Call Ratio 0.56
Net Difference 31,779

Prior 7-Day Put/Call Summary

Total Calls 717,406
Total Puts 348,920
Average Put/Call Ratio 0.51
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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