Tour v526
XLK
State StreetTechSelSectSPDRETF
$187.65 -0.51%
8/28 10:00

Option Volume

Detail
Current (08/28 10:00am) 2,646
Calls: 430 (16%)
Puts: 2,216 (84%)
Prior (08/27) 2,671
Calls: 1,259 (47%)
Puts: 1,412 (53%)
Current vs Prior -0.94%
Calls: -65.85% (Calls)
Puts: +56.94% (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 -89.50%
Calls: -95.38%
Puts: -86.06%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 10:00am) $416.5K
Calls: $184.8K (44%)
Puts: $231.7K (56%)
Prior (08/27) $1.10M
Calls: $883.5K (81%)
Puts: $212.5K (19%)
Current vs Prior -62.00%
Calls: -79.08%
Puts: +9.00%
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 -97.05%
Calls: -97.91%
Puts: -95.62%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 10:00am) 5.15
Prior (08/27) 1.12
Current vs Prior +359.51%
Prior 7-Day Average 1.78
Current vs Prior 7-Day Avg +188.90%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 10:00am) 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 1.60% | 2.89%4.72% | 7.63%
Prior 1.70% | 3.28%5.13% | 7.69%
Current vs Prior -6.06% | -11.83%-8.11% | -0.80%
Prior 7-Day Avg 2.27% | 3.89%3.75% | 7.55%
Current vs 7-Day Avg -29.70% | -25.70%+25.76% | +1.03%
Prior 7-Day Eod 1.70% | 3.28%5.13% | 7.69%
Current vs 7-Day Eod -6.06% | -11.83%-8.11% | -0.80%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 142.82% | 34.30%
Calls: 159.33% | 30.31%
Puts: 126.32% | 38.28%
Prior 69.97% | 29.52%
Calls: 48.23% | 25.49%
Puts: 91.72% | 33.55%
Current vs Prior +104.12% | +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 +151.36% | -10.06%
Liquidity Expensive
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🤖 AI Insights

Light premium activity with dollar volume down 62% vs prior. Extreme bearish P/C ratio of 5.15 - heavy put buying. P/C ratio rising 360% - 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
10:00BEARISHBEARISHBEARISH
09:55BEARISHBEARISHBEARISH
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 34 of results (avg 7.6%, best 4.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 1832.7034.15$33.424.3%--0.972.8K
$152.50Sep 1835.0536.80$35.924.9%--0.98600
$157.50Sep 1830.0031.65$30.835.4%--0.981.3K
$156.00Sep 1831.7033.45$32.585.4%--0.97149
$159.00Sep 1828.5530.15$29.355.5%--0.9748
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 2521.0023.20$22.1010.0%--0.9510

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. 135 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$156.00Aug 2831.1533.70$32.427.9%21.00403
$157.00Aug 2830.1532.70$31.438.1%--1.00210
$157.50Aug 2828.9032.20$30.5510.8%--1.00207
$158.00Aug 2829.1531.70$30.428.4%--1.00101
$159.00Aug 2828.1530.70$29.428.7%--1.0042
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$191.00Aug 282.384.10$3.2453.1%61.007
$210.00Sep 2521.0023.20$22.1010.0%--0.9510
$200.00Sep 1811.8513.20$12.5210.8%--0.89136
$190.00Aug 281.463.65$2.5585.9%30.8326
$197.50Sep 189.6511.05$10.3513.5%--0.82136

Most actively traded options today. High liquidity = easy entry/exit. 96 active (total vol 2.4K, top 1.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$189.00Aug 280.001.31$0.66198.5%1240.36482
$190.00Aug 280.000.75$0.38197.4%200.24166
$192.50Sep 40.461.20$0.8389.2%200.2353
$190.00Sep 41.151.98$1.5752.9%180.37132
$185.00Aug 282.433.95$3.1947.6%160.87255
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Sep 180.801.20$1.0040.0%1.7K0.147.2K
$184.00Aug 280.000.26$0.13200.0%530.09188
$178.00Aug 280.000.39$0.20195.0%500.06129
$172.00Sep 40.010.37$0.19189.5%410.0429
$171.00Sep 40.000.11$0.06183.3%300.0253

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 15 strikes (avg 257.4%, max 1065.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$202.50Aug 28Oct 2267.0%22.9%1065.2%--97
$182.50Aug 28Sep 25132.4%24.5%441.6%--258
$187.50Aug 28Oct 281.2%23.3%249.2%--861
$186.00Aug 28Sep 2566.4%23.3%184.7%--140
$188.00Aug 28Sep 1855.2%22.5%145.9%4487
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.50Aug 28Sep 25132.4%24.5%441.6%--291
$187.50Aug 28Sep 1881.2%22.6%259.1%--725
$186.00Aug 28Sep 2566.4%23.3%184.7%21136
$188.00Aug 28Sep 2555.2%22.7%143.1%11235
$187.00Aug 28Sep 1154.0%22.3%141.9%3274

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 154 found (best R:R 0.92, avg 4.05)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$183.00$184.00Aug 28$0.33$0.67$0.3392%2.03$183.33
$157.50$158.00Aug 28$0.13$0.37$0.13100%2.85$157.63
$155.00$156.00Aug 28$0.66$0.34$0.6692%0.52$155.66
$185.00$186.00Aug 28$0.58$0.42$0.5887%0.72$185.58
$177.50$178.00Aug 28$0.27$0.23$0.2791%0.85$177.77
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$200.00$180.00Oct 2$10.42$9.58$10.4280%0.92$189.58
$189.00$188.00Sep 11$0.32$0.68$0.3255%2.12$188.68
$165.00$160.00Oct 2$0.15$4.85$0.159%32.33$164.85
$173.00$170.00Sep 25$0.17$2.83$0.1714%16.65$172.83
$191.00$190.00Sep 4$0.53$0.47$0.5370%0.89$190.47

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 117 found (best R:R 3.00, avg 0.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$193.00$194.00Aug 28$0.75$0.75$0.2588%3.00$193.75
$202.50$205.00Aug 28$0.61$0.61$1.8984%0.32$203.11
$205.00$225.00Oct 2$0.64$0.64$19.3688%0.03$205.64
$192.50$194.00Sep 18$0.59$0.59$0.9166%0.65$193.09
$197.00$198.00Oct 2$0.37$0.37$0.6373%0.59$197.37
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$177.50$177.00Aug 28$0.40$0.40$0.1091%4.00$177.10
$186.00$185.00Aug 28$0.38$0.38$0.6273%0.61$185.62
$176.00$175.00Oct 2$0.32$0.32$0.6878%0.47$175.68
$172.00$171.00Sep 4$0.13$0.13$0.8796%0.15$171.87
$182.00$181.00Aug 28$0.13$0.13$0.8792%0.15$181.87

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $1.36, cheapest $0.89)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.50Aug 28Sep 4$0.9681.2%24.0%
$188.00Aug 28Sep 4$1.6455.2%23.6%
$187.00Aug 28Sep 4$1.7054.0%23.7%
$189.00Aug 28Sep 4$1.4353.8%24.7%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.50Aug 28Sep 4$0.8981.2%24.0%
$188.00Aug 28Sep 4$1.4755.2%23.6%
$187.00Aug 28Sep 4$1.4454.0%23.7%
$189.00Aug 28Sep 4$1.3653.8%24.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 93 found (cheapest 1.08% of stock, avg 5.24%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$187.00Aug 28$1.37$0.66$2.03$184.97$189.031.08%
$188.00Aug 28$0.96$1.09$2.05$185.95$190.051.09%
$189.00Aug 28$0.66$1.67$2.33$186.67$191.331.24%
$190.00Aug 28$0.38$2.55$2.93$187.07$192.931.56%
$186.00Aug 28$2.61$0.56$3.17$182.83$189.171.69%
$187.50Aug 28$1.91$1.40$3.31$184.19$190.811.76%
$185.00Aug 28$3.19$0.18$3.37$181.63$188.371.80%
$191.00Aug 28$0.15$3.24$3.39$187.61$194.391.81%
$184.00Aug 28$4.55$0.13$4.68$179.32$188.682.49%
$183.00Aug 28$4.88$0.14$5.02$177.98$188.022.68%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.23% of stock, avg 2.57%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$192.50$185.00Aug 28$0.26$0.18$0.44$184.56$192.94
$190.00$185.00Aug 28$0.38$0.18$0.56$184.44$190.56
$192.50$186.00Aug 28$0.26$0.56$0.82$185.18$193.32
$190.00$186.00Aug 28$0.38$0.56$0.94$185.06$190.94
$192.50$182.50Aug 28$0.26$0.73$0.99$181.51$193.49
$189.00$185.00Aug 28$0.66$0.18$0.84$184.16$189.84
$190.00$182.50Aug 28$0.38$0.73$1.11$181.39$191.11
$190.00$187.00Aug 28$0.38$0.66$1.04$185.96$191.04
$192.50$187.00Aug 28$0.26$0.66$0.92$186.08$193.42
$210.00$185.00Aug 28$1.07$0.18$1.25$183.75$211.25

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 237 found (best R:R 7.33, avg credit $0.52)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
181/182193/194Aug 28$0.88$0.1280%7.33$181.12$193.88
177/178202/205Aug 28$1.01$1.4975%0.68$176.49$203.51
182/182191/192Aug 28$0.70$0.3068%2.33$181.80$191.70
182/182190/191Aug 28$0.80$0.2057%4.00$181.70$190.80
177/178191/192Aug 28$0.53$0.4779%1.13$176.97$191.53
177/178190/191Aug 28$0.63$0.3767%1.70$176.87$190.63
182/182202/205Aug 28$1.18$1.3265%0.89$181.32$203.68
175/176197/198Oct 2$0.69$0.3151%2.23$175.31$197.69
181/182202/205Aug 28$0.74$1.7676%0.42$181.26$203.24
175/176194/195Oct 2$0.70$0.3044%2.33$175.30$194.70

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 80 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$189.00$190.00$191.00Aug 28$0.05$0.9524%19.00
$200.00$205.00$210.00Sep 25$0.30$4.7012%15.67
$172.50$175.00$177.50Sep 18$0.08$2.428%30.25
$190.00$191.00$192.00Aug 28$0.10$0.9022%9.00
$195.00$197.50$200.00Sep 18$0.20$2.3014%11.50
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$192.50$195.00$197.50Sep 18$0.17$2.3316%13.71
$186.00$187.50$189.00Sep 18$0.09$1.4111%15.67
$155.00$160.00$165.00Sep 25$0.09$4.913%54.56
$183.00$184.00$185.00Sep 4$0.06$0.9410%15.67
$180.00$181.00$182.00Sep 4$0.05$0.955%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. 143 found (best net $-6.52, 127 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
$186.00$187.001:2Aug 28-$0.13$0.87
$189.00$190.001:2Aug 28-$0.10$0.90
$197.50$200.001:2Sep 18-$0.17$2.33
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$165.001:2Oct 2-$0.22$4.78
$189.00$188.001:2Aug 28-$0.51$0.49
$165.00$160.001:2Sep 25-$0.21$4.79
$185.00$184.001:2Aug 28-$0.08$0.92
$190.00$189.001:2Aug 28-$0.79$0.21

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 59 found (best yield 2.56%, avg 0.82%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$189.00Oct 2$4.800.480.7%2.56%3.28%--13
$190.00Oct 2$4.300.461.2%2.29%3.54%--18
$191.00Oct 2$3.750.431.8%2.00%3.78%--42
$194.00Oct 2$2.850.353.4%1.52%4.90%14
$189.00Sep 25$4.100.480.7%2.18%2.90%--37
$195.00Oct 2$2.340.323.9%1.25%5.16%--12
$191.00Sep 25$3.200.411.8%1.71%3.49%--55
$190.00Sep 25$3.450.451.2%1.84%3.09%--100
$192.00Sep 25$2.810.392.3%1.50%3.82%--45
$192.50Sep 25$2.590.372.6%1.38%3.96%--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 430
Total Puts 2,216
Put/Call Ratio 5.15
Net Difference -1,786

Prior's Put/Call Breakdown

Total Calls 1,259
Total Puts 1,412
Put/Call Ratio 1.12
Net Difference -153

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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