Tour v526
XLK
State StreetTechSelSectSPDRETF
$187.90 -0.38%
8/28 09:50

Option Volume

Detail
Current (08/28 9:50am) 2,358
Calls: 362 (15%)
Puts: 1,996 (85%)
Prior (08/27) 2,221
Calls: 1,081 (49%)
Puts: 1,140 (51%)
Current vs Prior +6.17%
Calls: -66.51% (Calls)
Puts: +75.09% (Puts)
Prior 7-Day Total 176,381
Calls: 65,123 (37%)
Puts: 111,258 (63%)
Prior 7-Day Average 25,197
Calls: 9,303 (37%)
Puts: 15,894 (63%)
Current vs Prior 7-Day Avg -90.64%
Calls: -96.11%
Puts: -87.44%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 9:50am) $323.7K
Calls: $130.8K (40%)
Puts: $192.9K (60%)
Prior (08/27) $883.6K
Calls: $728.9K (83%)
Puts: $154.6K (17%)
Current vs Prior -63.36%
Calls: -82.06%
Puts: +24.76%
Prior 7-Day Total $98.77M
Calls: $61.78M (63%)
Puts: $36.99M (37%)
Prior 7-Day Average $14.11M
Calls: $8.83M (63%)
Puts: $5.28M (37%)
Current vs Prior 7-Day Avg -97.71%
Calls: -98.52%
Puts: -96.35%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 9:50am) 5.51
Prior (08/27) 1.05
Current vs Prior +422.84%
Prior 7-Day Average 1.78
Current vs Prior 7-Day Avg +209.10%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 9:50am) 750,236
Calls: 279,434 (37%)
Puts: 470,802 (63%)
Prior (08/27) 721,316
Calls: 268,723 (37%)
Puts: 452,593 (63%)
Current vs Prior +4.01%
Prior 7-Day Total 5,314,467
Calls: 1,982,130 (37%)
Puts: 3,332,337 (63%)
Prior 7-Day Average 759,209
Calls: 283,161 (37%)
Puts: 476,048 (63%)
Current vs Prior 7-Day Avg -1.18%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 1.11% | 2.89%4.74% | 7.62%
Prior 1.70% | 3.28%5.13% | 7.69%
Current vs Prior -34.96% | -11.95%-7.71% | -0.94%
Prior 7-Day Avg 2.27% | 3.89%3.75% | 7.55%
Current vs 7-Day Avg -51.33% | -25.80%+26.30% | +0.90%
Prior 7-Day Eod 1.70% | 3.28%5.13% | 7.69%
Current vs 7-Day Eod -34.96% | -11.95%-7.71% | -0.94%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 75.49% | 34.30%
Calls: 58.67% | 30.31%
Puts: 92.31% | 38.28%
Prior 69.97% | 29.52%
Calls: 48.23% | 25.49%
Puts: 91.72% | 33.55%
Current vs Prior +7.89% | +16.19%
Prior 7-Day Avg 56.82% | 38.14%
Calls: 56.34% | 38.61%
Puts: 57.30% | 37.65%
Current vs 7-Day Avg +32.86% | -10.06%
Liquidity Expensive
+
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🤖 AI Insights

Light premium activity with dollar volume down 63% vs prior. Extreme bearish P/C ratio of 5.51 - heavy put buying. P/C ratio rising 423% - increased hedging/bearish positioning. Put-heavy open interest (470,802 puts vs 279,434 calls) suggests hedging or bearish positioning.

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 NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:50BEARISHBEARISHBEARISH
09:45BULLISHBULLISHBULLISH
09:40BULLISHBEARISHBEARISH
09:35BULLISHBEARISHBEARISH

📈 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 38 of results (avg 7.2%, best 4.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 1832.7034.15$33.424.3%--0.972.8K
$160.00Sep 1827.8529.20$28.534.7%--0.97683
$152.50Sep 1835.0536.80$35.924.9%--0.98600
$151.00Sep 1836.6038.45$37.534.9%--0.98299
$157.50Sep 1830.0031.65$30.835.4%--0.981.3K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 188.008.65$8.327.8%--0.73447
$210.00Sep 2521.3023.05$22.187.9%--0.9610
$200.00Sep 1811.8512.90$12.388.5%--0.86136
$184.00Sep 182.572.81$2.698.9%40.359

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. 133 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$162.50Sep 1124.4526.50$25.488.0%--1.0010
$156.00Aug 2831.1533.15$32.156.2%21.00403
$157.00Aug 2830.1532.40$31.287.2%--1.00210
$157.50Aug 2828.9031.95$30.4210.0%--1.00207
$158.00Aug 2829.1531.40$30.287.4%--1.00101
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 2521.3023.05$22.187.9%--0.9610
$200.00Sep 1811.8512.90$12.388.5%--0.86136
$190.00Aug 281.682.97$2.3355.4%--0.8526
$197.50Sep 189.6511.05$10.3513.5%--0.81136
$200.00Oct 212.4513.90$13.1811.0%--0.8044

Most actively traded options today. High liquidity = easy entry/exit. 82 active (total vol 2.2K, top 1.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$189.00Aug 280.330.58$0.4555.6%1240.33482
$190.00Aug 280.010.47$0.24191.7%200.20166
$192.50Sep 40.641.22$0.9362.4%200.2553
$190.00Sep 41.351.98$1.6737.7%180.38132
$187.00Aug 281.242.00$1.6246.9%160.68973
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Sep 180.801.00$0.9022.2%1.7K0.147.2K
$172.00Sep 40.110.17$0.1442.9%290.0429
$171.00Sep 40.100.31$0.21100.0%250.0453
$172.50Sep 40.010.19$0.10180.0%220.0321
$186.00Aug 280.100.81$0.46154.3%210.2595

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 106.4%, max 162.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$186.00Aug 28Sep 2560.8%23.2%162.7%--140
$187.50Aug 28Oct 250.1%23.1%116.6%--861
$188.00Aug 28Sep 1847.6%22.8%108.7%3487
$187.00Aug 28Oct 246.5%22.8%103.7%16994
$190.00Aug 28Oct 243.4%25.4%70.8%20184
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$186.00Aug 28Sep 2560.8%23.2%162.7%21136
$187.00Aug 28Sep 1146.5%20.8%123.5%2274
$187.50Aug 28Sep 1850.1%23.2%115.9%--725
$188.00Aug 28Sep 2547.6%22.5%111.1%10235
$190.00Aug 28Sep 2543.4%24.9%74.1%--36

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 154 found (best R:R 0.93, avg 4.47)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$178.00$179.00Aug 28$0.37$0.63$0.3792%1.70$178.37
$173.00$174.00Aug 28$0.62$0.38$0.62100%0.61$173.62
$157.50$158.00Aug 28$0.14$0.36$0.14100%2.57$157.64
$162.50$163.00Aug 28$0.25$0.25$0.25100%1.00$162.75
$167.00$167.50Aug 28$0.28$0.22$0.28100%0.79$167.28
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$200.00$180.00Oct 2$10.38$9.62$10.3880%0.93$189.62
$189.00$188.00Sep 11$0.12$0.88$0.1255%7.33$188.88
$187.00$186.00Sep 11$0.11$0.89$0.1145%8.09$186.89
$189.00$187.50Sep 18$0.57$0.93$0.5753%1.63$188.43
$165.00$160.00Oct 2$0.16$4.84$0.169%30.25$164.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 114 found (best R:R 0.92, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$205.00$225.00Oct 2$0.69$0.69$19.3188%0.04$205.69
$191.00$195.00Oct 2$1.60$1.60$2.4057%0.67$192.60
$188.00$189.00Aug 28$0.57$0.57$0.4348%1.33$188.57
$195.00$196.00Sep 11$0.30$0.30$0.7079%0.43$195.30
$197.00$198.00Sep 25$0.34$0.34$0.6676%0.52$197.34
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$177.50$177.00Aug 28$0.24$0.24$0.2692%0.92$177.26
$182.50$182.00Aug 28$0.24$0.24$0.2686%0.92$182.26
$176.00$175.00Oct 2$0.32$0.32$0.6879%0.47$175.68
$186.00$185.00Aug 28$0.28$0.28$0.7275%0.39$185.72
$182.00$181.00Aug 28$0.11$0.11$0.8992%0.12$181.89

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $1.51, cheapest $1.54)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.50Aug 28Sep 4$1.7250.1%23.5%
$188.00Aug 28Sep 4$1.5847.6%23.7%
$187.00Aug 28Sep 4$1.6146.5%23.9%
$189.00Aug 28Sep 4$1.6440.8%24.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.50Aug 28Sep 4$1.5450.1%23.5%
$188.00Aug 28Sep 4$1.6347.6%23.7%
$187.00Aug 28Sep 4$1.6046.5%23.9%
$189.00Aug 28Sep 4$1.4840.8%24.5%
$191.00Sep 4Sep 11$0.8223.5%23.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 92 found (cheapest 1.01% of stock, avg 5.26%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$187.50Aug 28$1.15$0.75$1.90$185.60$189.401.01%
$188.00Aug 28$1.02$0.93$1.95$186.05$189.951.04%
$189.00Aug 28$0.45$1.55$2.00$187.00$191.001.06%
$187.00Aug 28$1.62$0.50$2.12$184.88$189.121.13%
$190.00Aug 28$0.24$2.33$2.57$187.43$192.571.37%
$186.00Aug 28$2.27$0.46$2.73$183.27$188.731.45%
$185.00Aug 28$3.26$0.18$3.44$181.56$188.441.83%
$184.00Aug 28$4.08$0.21$4.29$179.71$188.292.28%
$189.00Sep 4$2.09$3.03$5.12$183.88$194.122.72%
$183.00Aug 28$5.03$0.12$5.15$177.85$188.152.74%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.27% of stock, avg 2.54%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$192.50$182.50Aug 28$0.12$0.38$0.50$182.00$193.00
$190.00$182.50Aug 28$0.24$0.38$0.62$181.88$190.62
$192.50$186.00Aug 28$0.12$0.46$0.58$185.42$193.08
$190.00$186.00Aug 28$0.24$0.46$0.70$185.30$190.70
$192.50$187.00Aug 28$0.12$0.50$0.62$186.38$193.12
$190.00$187.00Aug 28$0.24$0.50$0.74$186.26$190.74
$202.50$182.50Aug 28$0.46$0.38$0.84$181.66$203.34
$189.00$187.00Aug 28$0.45$0.50$0.95$186.05$189.95
$189.00$186.00Aug 28$0.45$0.46$0.91$185.09$189.91
$189.00$182.50Aug 28$0.45$0.38$0.83$181.67$189.83

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 227 found (best R:R 2.23, avg credit $0.51)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
175/176197/198Oct 2$0.69$0.3152%2.23$175.31$197.69
179/180197/198Oct 2$0.71$0.2944%2.45$179.29$197.71
169/170197/198Sep 25$0.50$0.5064%1.00$169.50$197.50
173/174197/198Sep 25$0.53$0.4760%1.13$173.47$197.53
177/178190/191Aug 28$0.40$0.6073%0.67$177.10$190.40
174/175195/196Sep 11$0.44$0.5668%0.79$174.56$195.44
175/176198/199Oct 2$0.57$0.4355%1.33$175.43$198.57
175/176199/200Oct 2$0.52$0.4857%1.08$175.48$199.52
179/180195/196Sep 11$0.49$0.5160%0.96$179.51$195.49
174/175197/198Sep 25$0.48$0.5259%0.92$174.52$197.48

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 84 found (best R:R 21.73, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$189.00$190.00$191.00Aug 28$0.05$0.9525%19.00
$200.00$205.00$210.00Sep 25$0.30$4.7012%15.67
$197.50$200.00$202.50Sep 18$0.11$2.3911%21.73
$172.50$175.00$177.50Sep 18$0.09$2.418%26.78
$190.00$191.00$192.00Aug 28$0.10$0.9018%9.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$190.00$192.50$195.00Sep 18$0.11$2.3917%21.73
$188.00$189.00$190.00Aug 28$0.16$0.8436%5.25
$183.00$184.00$185.00Sep 4$0.06$0.949%15.67
$165.00$167.50$170.00Sep 18$0.05$2.453%49.00
$178.00$179.00$180.00Sep 4$0.05$0.954%19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 145 found (best net $-6.52, 132 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$171.001:2Sep 4-$6.52$4.48
$172.50$179.001:2Sep 11-$4.50$2.00
$191.00$195.001:2Oct 2-$1.25$2.75
$200.00$202.501:2Sep 18-$0.11$2.39
$215.00$225.001:2Sep 25-$0.08$9.92
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$189.00$188.001:2Aug 28-$0.31$0.69
$170.00$165.001:2Oct 2-$0.34$4.66
$190.00$189.001:2Aug 28-$0.77$0.23
$177.00$176.001:2Aug 28$0.00$1.00
$166.00$165.001:2Aug 28$0.00$1.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 59 found (best yield 2.55%, avg 0.83%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$189.00Oct 2$4.800.480.6%2.55%3.14%--13
$191.00Oct 2$3.950.431.6%2.10%3.75%--42
$190.00Oct 2$4.300.451.1%2.29%3.41%--18
$189.00Sep 25$4.100.470.6%2.18%2.77%--37
$195.00Oct 2$2.340.323.8%1.25%5.02%--12
$190.00Sep 25$3.650.441.1%1.94%3.06%--100
$191.00Sep 25$3.200.411.6%1.70%3.35%--55
$192.00Sep 25$2.800.382.2%1.49%3.67%--45
$193.00Sep 25$2.510.352.7%1.34%4.05%--18
$192.50Sep 25$2.590.362.5%1.38%3.83%--20

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 362
Total Puts 1,996
Put/Call Ratio 5.51
Net Difference -1,634

Prior's Put/Call Breakdown

Total Calls 1,081
Total Puts 1,140
Put/Call Ratio 1.05
Net Difference -59

Prior 7-Day Put/Call Summary

Total Calls 65,123
Total Puts 111,258
Average Put/Call Ratio 1.78
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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