Tour v366
XLE
State StreetEngySelSectSPDRETF
$57.94 +0.45%
$58.01 (+0.12%)🌙
as of 07/20 06:05 PM
7/20 18:05

Option Volume

Detail
Current (07/20) 91,724
Calls: 72,686 (79%)
Puts: 19,038 (21%)
Prior (07/17) 136,677
Calls: 110,845 (81%)
Puts: 25,832 (19%)
Current vs Prior -32.89%
Calls: -34.43% (Calls)
Puts: -26.30% (Puts)
Prior 7-Day Total 934,402
Calls: 568,337 (61%)
Puts: 366,065 (39%)
Prior 7-Day Average 133,486
Calls: 81,191 (61%)
Puts: 52,295 (39%)
Current vs Prior 7-Day Avg -31.29%
Calls: -10.48%
Puts: -63.59%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/20) $11.93M
Calls: $9.85M (83%)
Puts: $2.09M (17%)
Prior (07/17) $18.54M
Calls: $16.39M (88%)
Puts: $2.15M (12%)
Current vs Prior -35.63%
Calls: -39.92%
Puts: -2.96%
Prior 7-Day Total $102.62M
Calls: $70.95M (69%)
Puts: $31.67M (31%)
Prior 7-Day Average $14.66M
Calls: $10.14M (69%)
Puts: $4.52M (31%)
Current vs Prior 7-Day Avg -18.60%
Calls: -2.86%
Puts: -53.86%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/20) 0.26
Prior (07/17) 0.23
Current vs Prior +12.39%
Prior 7-Day Average 0.68
Current vs Prior 7-Day Avg -61.54%
Sentiment BULLISH

Open Interest

Detail
Current (07/20) 4,120,035
Calls: 1,622,823 (39%)
Puts: 2,497,212 (61%)
Prior (07/17) 4,686,921
Calls: 1,986,261 (42%)
Puts: 2,700,660 (58%)
Current vs Prior -12.10%
Prior 7-Day Total 28,038,721
Calls: 12,388,232 (44%)
Puts: 15,650,489 (56%)
Prior 7-Day Average 4,005,531
Calls: 1,769,747 (44%)
Puts: 2,235,784 (56%)
Current vs Prior 7-Day Avg +2.86%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 2.92% | 4.21%6.90% | 9.92%
Prior 3.29% | 4.91%1.13% | 7.51%
Current vs Prior -11.45% | -14.17%+512.63% | +32.20%
Prior 7-Day Avg 2.42% | 3.87%2.27% | 7.48%
Current vs 7-Day Avg +20.57% | +8.86%+204.66% | +32.71%
Prior 7-Day Eod 3.29% | 4.91%1.13% | 7.51%
Current vs 7-Day Eod -11.45% | -14.17%+512.63% | +32.20%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 9.29% | 6.27%
Calls: 5.95% | 5.34%
Puts: 12.64% | 7.20%
Prior 40.82% | 7.83%
Calls: 38.46% | 5.38%
Puts: 43.18% | 10.28%
Current vs Prior -77.24% | -19.92%
Prior 7-Day Avg 15.58% | 7.67%
Calls: 14.49% | 6.53%
Puts: 16.69% | 8.80%
Current vs 7-Day Avg -40.39% | -18.24%
Liquidity Pricy
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🤖 AI Insights

Strong bullish conviction with 83% of dollar volume in calls ($9.85M) vs puts ($2.09M). Extreme bullish P/C ratio of 0.26 - heavy call buying (72,686 calls vs 19,038 puts). Put-heavy open interest (2,497,212 puts vs 1,622,823 calls) suggests hedging or bearish 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 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 33 of results (avg 6.9%, best 2.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$58.00Jul 311.151.18$1.172.6%3940.5221.0K
$48.00Aug 2110.1010.40$10.252.9%10.98140
$51.00Aug 217.207.50$7.354.1%--0.93118
$52.00Aug 216.306.60$6.454.7%730.91590
$56.00Aug 213.053.20$3.134.8%1560.6920.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Aug 216.957.30$7.134.9%10.901
$62.00Aug 214.354.65$4.506.7%20.77301
$60.50Aug 213.203.45$3.337.5%180.68--
$60.00Aug 212.873.10$2.997.7%470.64434
$50.00Aug 210.120.13$0.137.7%1770.0537.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 22 found (avg $0.59, cheapest $0.13)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Aug 210.250.30$0.2817.9%2840.115.5K
$59.00Jul 240.340.37$0.368.3%1.6K0.302.4K
$63.50Aug 210.380.46$0.4219.0%160.16--
$58.50Jul 240.470.55$0.5115.7%5.4K0.404.9K
$59.50Jul 310.530.60$0.5612.5%1.9K0.32104
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$50.00Aug 210.120.13$0.137.7%1770.0537.1K
$52.00Aug 210.220.26$0.2416.7%710.1024.5K
$53.00Aug 210.320.38$0.3517.1%1.0K0.1317.8K
$53.50Aug 210.370.45$0.4119.5%160.15--
$54.00Aug 210.460.52$0.4912.2%1440.185.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 102 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$48.00Jul 248.5510.20$9.3817.6%1050.99--
$49.00Jul 247.609.20$8.4019.0%320.998
$50.00Jul 247.258.20$7.7312.3%380.9952
$51.00Jul 246.407.35$6.8813.8%--0.9953
$48.00Jul 319.7010.40$10.057.0%--0.9911
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$65.00Jul 245.357.15$6.2528.8%--1.0013
$61.00Jul 242.573.20$2.8921.8%30.97--
$65.00Aug 216.957.30$7.134.9%10.901
$60.00Jul 241.832.31$2.0723.2%--0.8511
$59.50Jul 241.041.85$1.4555.9%10.843

Most actively traded options today. High liquidity = easy entry/exit. 252 active (total vol 54.6K, top 15.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$59.00Aug 70.981.20$1.0920.2%15.1K0.41195
$58.50Jul 240.470.55$0.5115.7%5.4K0.404.9K
$60.00Jul 240.140.18$0.1625.0%4.0K0.163.3K
$60.00Aug 211.121.22$1.178.5%2.2K0.3765.2K
$60.00Jul 310.380.51$0.4528.9%2.0K0.26774
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$56.00Aug 210.921.00$0.968.3%2.3K0.318.8K
$53.00Aug 210.320.38$0.3517.1%1.0K0.1317.8K
$57.00Jul 240.130.34$0.2487.5%8930.25833
$57.50Jul 240.240.50$0.3770.3%7660.36175
$56.00Jul 240.010.14$0.08162.5%6490.10646

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 53 strikes (avg 40.4%, max 187.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$47.00Jul 24Aug 21105.8%36.8%187.3%7311
$67.00Jul 24Aug 2184.7%31.5%168.8%3432
$48.00Jul 24Aug 2175.1%34.2%119.7%106140
$49.00Jul 24Aug 2167.8%33.8%100.9%3239
$66.00Jul 24Aug 2859.5%30.0%98.4%341
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$50.00Jul 24Aug 2860.7%28.6%112.2%32306
$48.00Jul 24Aug 2875.1%36.2%107.3%--402
$49.00Jul 24Aug 2867.8%34.9%94.1%--101
$51.00Jul 24Aug 2853.3%30.2%76.6%294.2K
$51.50Jul 24Aug 2849.6%30.5%62.3%--40

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 100 found (best R:R 15.67, avg 2.10)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$63.00$65.00Aug 7$0.12$1.88$0.1215.67$63.12
$63.00$64.00Aug 28$0.10$0.90$0.109.00$63.10
$62.00$63.00Aug 28$0.11$0.89$0.118.09$62.11
$62.00$63.00Aug 14$0.14$0.86$0.146.14$62.14
$66.00$67.00Aug 21$0.15$0.85$0.155.67$66.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$56.00$55.50Jul 31$0.11$0.39$0.113.55$55.89
$55.00$54.50Aug 21$0.12$0.38$0.123.17$54.88
$55.50$55.00Aug 21$0.12$0.38$0.123.17$55.38
$57.50$57.00Jul 24$0.13$0.37$0.132.85$57.37
$56.00$55.50Aug 7$0.13$0.37$0.132.85$55.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 134 found (best R:R 9.00, avg 1.55)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$52.00$53.00Aug 7$0.90$0.90$0.109.00$52.90
$51.00$52.00Aug 21$0.90$0.90$0.109.00$51.90
$52.00$53.00Aug 28$0.88$0.88$0.127.33$52.88
$50.00$51.00Jul 24$0.85$0.85$0.155.67$50.85
$53.00$54.00Aug 21$0.85$0.85$0.155.67$53.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$65.00$62.00Aug 21$2.63$2.63$0.377.11$62.37
$65.00$61.00Jul 24$3.36$3.36$0.645.25$61.64
$61.00$60.00Jul 24$0.82$0.82$0.184.56$60.18
$62.00$61.00Aug 21$0.80$0.80$0.204.00$61.20
$60.00$59.50Aug 21$0.39$0.39$0.113.55$59.61

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 49 found (avg debit $0.33, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$64.00Jul 24Jul 31$0.0543.9%33.4%
$63.50Jul 24Jul 31$0.0742.7%33.4%
$62.50Jul 24Jul 31$0.1037.7%31.1%
$66.00Jul 24Aug 7$0.1059.5%37.1%
$62.00Jul 24Jul 31$0.1334.3%30.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$53.00Jul 24Jul 31$0.0541.4%32.6%
$52.50Jul 24Jul 31$0.0642.7%34.7%
$51.50Jul 24Aug 7$0.0849.6%32.8%
$50.50Aug 7Aug 28$0.0839.1%30.6%
$53.50Jul 24Jul 31$0.0935.3%31.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 100 found (cheapest 2.31% of stock, avg 7.78%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$57.00Jul 24$1.10$0.24$1.34$55.66$58.342.31%
$58.00Jul 24$0.70$0.67$1.37$56.63$59.372.36%
$57.50Jul 24$1.02$0.37$1.39$56.11$58.892.40%
$58.50Jul 24$0.51$0.88$1.39$57.11$59.892.40%
$59.00Jul 24$0.36$1.23$1.59$57.41$60.592.74%
$59.50Jul 24$0.15$1.45$1.60$57.90$61.102.76%
$56.00Jul 24$1.65$0.08$1.73$54.27$57.732.99%
$56.50Jul 24$1.74$0.16$1.90$54.60$58.403.28%
$60.00Jul 24$0.16$2.07$2.23$57.77$62.233.85%
$58.00Jul 31$1.17$1.06$2.23$55.77$60.233.85%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.31% of stock, avg 3.38%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$60.50$56.00Jul 24$0.10$0.08$0.18$55.82$60.68
$59.50$56.00Jul 24$0.15$0.08$0.23$55.77$59.73
$60.00$56.00Jul 24$0.16$0.08$0.24$55.76$60.24
$60.50$56.50Jul 24$0.10$0.16$0.26$56.24$60.76
$59.50$56.50Jul 24$0.15$0.16$0.31$56.19$59.81
$60.00$56.50Jul 24$0.16$0.16$0.32$56.18$60.32
$60.50$57.00Jul 24$0.10$0.24$0.34$56.66$60.84
$59.50$57.00Jul 24$0.15$0.24$0.39$56.61$59.89
$60.00$57.00Jul 24$0.16$0.24$0.40$56.60$60.40
$59.00$56.00Jul 24$0.36$0.08$0.44$55.56$59.44

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 15 found (best R:R 4.00, avg credit $0.47)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
56/5656/57Aug 14$0.40$0.104.00$55.60$56.90
54/5455/56Aug 28$0.40$0.104.00$53.60$55.40
54/5456/57Aug 14$0.39$0.113.55$54.11$56.89
54/5455/56Aug 28$0.39$0.113.55$54.11$55.39
52/5356/57Aug 14$0.38$0.123.17$52.62$56.88
56/5758/58Aug 28$0.35$0.152.33$56.65$57.85
56/5658/58Aug 28$0.34$0.162.13$56.16$57.84
55/5656/57Aug 28$0.68$0.322.12$55.32$57.18
54/5556/57Aug 21$0.66$0.341.94$54.34$56.66
55/5656/57Aug 21$0.66$0.341.94$54.84$56.66

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 68 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$52.00$53.00$54.00Aug 21$0.05$0.9519.00
$65.00$66.00$67.00Jul 24$0.07$0.9313.29
$52.00$53.00$54.00Aug 28$0.08$0.9211.50
$57.50$58.00$58.50Aug 7$0.05$0.459.00
$59.50$60.00$60.50Aug 7$0.05$0.459.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$56.50$57.00$57.50Jul 24$0.05$0.459.00
$49.00$49.50$50.00Aug 7$0.05$0.459.00
$54.00$54.50$55.00Aug 7$0.05$0.459.00
$55.50$56.00$56.50Jul 24$0.07$0.436.14
$57.00$57.50$58.00Aug 7$0.07$0.436.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 107 found (best net $-0.02, 105 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$63.00$65.001:2Aug 7-$0.02$1.98
$64.00$65.001:2Aug 14-$0.10$0.90
$67.00$68.001:2Aug 21-$0.10$0.90
$64.00$65.001:2Aug 28-$0.11$0.89
$65.00$66.001:2Aug 7-$0.12$0.88
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$65.00$62.001:2Aug 21-$1.87$1.13
$48.00$47.001:2Aug 21-$0.06$0.94
$60.00$58.501:2Aug 7-$0.57$0.93
$50.00$49.001:2Aug 21-$0.07$0.93
$51.00$50.001:2Aug 14-$0.09$0.91

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 64 found (best yield 3.54%, avg 1.20%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$58.00Aug 28$2.050.540.1%3.54%3.64%4439
$58.00Aug 21$1.870.530.1%3.23%3.33%55236.2K
$58.50Aug 28$1.770.501.0%3.05%4.02%1211
$58.00Aug 14$1.680.520.1%2.90%3.00%37135
$58.50Aug 21$1.670.491.0%2.88%3.85%150--
$59.00Aug 28$1.610.461.8%2.78%4.61%614
$59.00Aug 21$1.500.451.8%2.59%4.42%2928.1K
$58.50Aug 14$1.460.481.0%2.52%3.49%62118
$59.50Aug 28$1.450.422.7%2.50%5.20%1224
$58.00Aug 7$1.350.510.1%2.33%2.43%89231

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 72,686
Total Puts 19,038
Put/Call Ratio 0.26
Net Difference 53,648

Prior's Put/Call Breakdown

Total Calls 110,845
Total Puts 25,832
Put/Call Ratio 0.23
Net Difference 85,013

Prior 7-Day Put/Call Summary

Total Calls 568,337
Total Puts 366,065
Average Put/Call Ratio 0.68
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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