Tour v526
XLK
State StreetTechSelSectSPDRETF
$186.18 -1.29%
8/28 14:10

Option Volume

Detail
Current (08/28 2:10pm) 25,518
Calls: 4,011 (16%)
Puts: 21,507 (84%)
Prior (08/27) 31,836
Calls: 15,564 (49%)
Puts: 16,272 (51%)
Current vs Prior -19.85%
Calls: -74.23% (Calls)
Puts: +32.17% (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 +1.27%
Calls: -56.89%
Puts: +35.32%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 2:10pm) $12.58M
Calls: $5.01M (40%)
Puts: $7.57M (60%)
Prior (08/27) $10.37M
Calls: $7.76M (75%)
Puts: $2.61M (25%)
Current vs Prior +21.29%
Calls: -35.45%
Puts: +190.31%
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 -10.87%
Calls: -43.22%
Puts: +43.16%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 2:10pm) 5.36
Prior (08/27) 1.05
Current vs Prior +412.87%
Prior 7-Day Average 1.78
Current vs Prior 7-Day Avg +200.59%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 2:10pm) 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 0.99% | 2.98%4.38% | 7.60%
Prior 1.70% | 3.28%5.13% | 7.69%
Current vs Prior -41.93% | -9.33%-14.60% | -1.21%
Prior 7-Day Avg 2.27% | 3.89%3.75% | 7.55%
Current vs 7-Day Avg -56.54% | -23.59%+16.87% | +0.62%
Prior 7-Day Eod 1.70% | 3.28%5.13% | 7.69%
Current vs 7-Day Eod -41.93% | -9.33%-14.60% | -1.21%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 63.07% | 19.71%
Calls: 67.74% | 15.30%
Puts: 58.40% | 24.13%
Prior 69.97% | 29.52%
Calls: 48.23% | 25.49%
Puts: 91.72% | 33.55%
Current vs Prior -9.86% | -33.23%
Prior 7-Day Avg 56.82% | 38.14%
Calls: 56.34% | 38.61%
Puts: 57.30% | 37.65%
Current vs 7-Day Avg +11.00% | -48.32%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 60% put dollar volume ($7.57M). Extreme bearish P/C ratio of 5.36 - heavy put buying. P/C ratio rising 413% - 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 NEUTRAL
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
14:10BEARISHBEARISHBEARISH
14:00BEARISHBEARISHBEARISH
13:55BULLISHBEARISHBEARISH
13:50BULLISHBEARISHBEARISH
13:45BULLISHBEARISHBEARISH
13:40BULLISHBEARISHBEARISH
13:35BULLISHBEARISHBEARISH
13:30BULLISHBEARISHBEARISH
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13:20BULLISHBEARISHBEARISH
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12:55BULLISHBEARISHBEARISH
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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 70 of results (avg 6.7%, best 2.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.7536.75$36.252.8%10.9916
$190.00Sep 182.502.58$2.543.1%600.374.1K
$165.00Sep 420.9521.65$21.303.3%10.984
$172.50Sep 1814.6515.15$14.903.4%--0.88157
$150.00Aug 2835.5037.10$36.304.4%--0.9263
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 48.659.05$8.854.5%40.93--
$187.50Sep 184.404.65$4.535.5%210.54675
$200.00Sep 1813.6514.50$14.086.0%30.90136
$200.00Sep 413.5014.40$13.956.5%71.00--
$182.50Sep 182.462.63$2.556.7%590.352.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.64, cheapest $0.41)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 180.370.45$0.4119.5%190.096.5K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$173.00Sep 180.790.93$0.8616.3%60.1332

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 153 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$156.00Aug 2829.3031.20$30.256.3%31.00403
$157.00Aug 2828.3530.20$29.286.3%161.00210
$157.50Aug 2827.8529.70$28.786.4%4371.00207
$158.00Aug 2827.3529.20$28.286.5%4371.00101
$159.00Aug 2826.4028.20$27.306.6%131.0042
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$197.50Sep 49.8012.05$10.9320.6%31.00--
$198.00Sep 410.2512.55$11.4020.2%41.00--
$200.00Sep 413.5014.40$13.956.5%71.00--
$190.00Aug 283.554.30$3.9319.1%70.9826
$191.00Aug 283.905.50$4.7034.0%60.987

Most actively traded options today. High liquidity = easy entry/exit. 278 active (total vol 9.2K, top 1.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.50Aug 2827.8529.70$28.786.4%4371.00207
$158.00Aug 2827.3529.20$28.286.5%4371.00101
$189.00Aug 280.010.04$0.03100.0%1700.04482
$185.00Aug 281.101.55$1.3333.8%720.75255
$185.00Sep 184.855.35$5.109.8%710.563.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Sep 181.011.17$1.0914.7%1.7K0.167.2K
$170.00Sep 250.811.10$0.9630.2%7590.1297
$178.00Sep 110.731.22$0.9850.0%5680.1810
$178.00Sep 181.261.58$1.4222.5%5680.228.5K
$180.00Sep 181.872.01$1.947.2%4260.282.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 117.4%, max 172.7%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Aug 28Oct 259.0%23.2%153.9%72275
$186.00Aug 28Sep 2552.5%22.6%132.0%13140
$187.00Aug 28Oct 250.5%22.9%120.4%53994
$187.50Aug 28Oct 253.1%25.7%106.8%13861
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Aug 28Sep 2559.0%21.6%172.7%135256
$187.50Aug 28Sep 1853.1%23.5%126.1%28725
$186.00Aug 28Oct 252.5%23.3%125.4%15496
$187.00Aug 28Sep 1150.5%24.1%109.7%85274
$192.00Sep 4Sep 1122.8%20.8%9.3%240

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 150 found (best R:R 0.52, avg 4.40)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$185.00$186.00Sep 11$0.21$0.79$0.2159%3.76$185.21
$183.00$184.00Sep 11$0.33$0.67$0.3367%2.03$183.33
$180.00$181.00Sep 18$0.40$0.60$0.4072%1.50$180.40
$191.00$192.50Sep 18$0.22$1.28$0.2232%5.82$191.22
$195.00$197.00Oct 2$0.31$1.69$0.3129%5.45$195.31
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$200.00$186.00Oct 2$9.20$4.80$9.2083%0.52$190.80
$190.00$188.00Sep 25$0.58$1.42$0.5861%2.45$189.42
$192.00$191.00Sep 11$0.20$0.80$0.2077%4.00$191.80
$194.00$192.50Sep 4$0.85$0.65$0.8591%0.76$193.15
$189.00$188.00Sep 11$0.20$0.80$0.2062%4.00$188.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 117 found (best R:R 0.74, avg 0.56)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$202.50$205.00Aug 28$1.06$1.06$1.4485%0.74$203.56
$192.50$194.00Sep 11$0.80$0.80$0.7073%1.14$193.30
$189.00$190.00Sep 25$0.85$0.85$0.1557%5.67$189.85
$194.00$195.00Sep 25$0.64$0.64$0.3672%1.78$194.64
$197.00$198.00Oct 2$0.56$0.56$0.4475%1.27$197.56
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$186.00$185.00Sep 11$0.73$0.73$0.2753%2.70$185.27
$186.00$185.00Sep 25$0.70$0.70$0.3052%2.33$185.30
$184.00$183.00Sep 18$0.59$0.59$0.4160%1.44$183.41
$177.50$177.00Sep 25$0.28$0.28$0.2276%1.27$177.22
$174.00$173.00Sep 25$0.31$0.31$0.6982%0.45$173.69

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.91, cheapest $1.77)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$2.0552.5%23.6%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$1.7752.5%23.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 113 found (cheapest 0.64% of stock, avg 5.01%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Aug 28$0.63$0.57$1.20$184.80$187.200.64%
$187.00Aug 28$0.23$1.21$1.44$185.56$188.440.77%
$185.00Aug 28$1.33$0.27$1.60$183.40$186.600.86%
$187.50Aug 28$0.14$1.60$1.74$185.76$189.240.93%
$188.00Aug 28$0.04$1.92$1.96$186.04$189.961.05%
$184.00Aug 28$2.18$0.07$2.25$181.75$186.251.21%
$189.00Aug 28$0.03$2.98$3.01$185.99$192.011.62%
$183.00Aug 28$3.27$0.08$3.35$179.65$186.351.80%
$182.50Aug 28$3.78$0.01$3.79$178.71$186.292.04%
$190.00Aug 28$0.01$3.93$3.94$186.06$193.942.12%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.06% of stock, avg 2.78%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$188.00$183.00Aug 28$0.04$0.08$0.12$182.88$188.12
$188.00$184.00Aug 28$0.04$0.07$0.11$183.89$188.11
$187.50$184.00Aug 28$0.14$0.07$0.21$183.79$187.71
$187.50$183.00Aug 28$0.14$0.08$0.22$182.78$187.72
$187.00$184.00Aug 28$0.23$0.07$0.30$183.70$187.30
$187.00$183.00Aug 28$0.23$0.08$0.31$182.69$187.31
$188.00$185.00Aug 28$0.04$0.27$0.31$184.69$188.31
$187.50$185.00Aug 28$0.14$0.27$0.41$184.59$187.91
$187.00$185.00Aug 28$0.23$0.27$0.50$184.50$187.50
$187.50$186.00Aug 28$0.14$0.57$0.71$185.29$188.21

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 222 found (best R:R 0.87, avg credit $0.51)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
179/180202/205Aug 28$1.16$1.3479%0.87$178.84$203.66
169/170194/195Sep 25$0.81$0.1959%4.26$169.19$194.81
174/175192/194Sep 11$0.95$0.5561%1.73$174.05$193.45
173/174198/199Sep 25$0.72$0.2863%2.57$173.28$198.72
178/179198/199Sep 25$0.80$0.2053%4.00$178.20$198.80
178/178192/194Sep 11$1.00$0.5055%2.00$177.00$193.50
176/177192/194Sep 11$0.93$0.5758%1.63$176.07$193.43
179/180197/198Oct 2$0.85$0.1544%5.67$179.15$197.85
176/177194/195Sep 25$0.79$0.2149%3.76$176.21$194.79
169/170198/199Sep 25$0.58$0.4269%1.38$169.42$198.58

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 81 found (best R:R 70.43, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$200.00$205.00$210.00Sep 25$0.07$4.9311%70.43
$184.00$185.00$186.00Aug 28$0.15$0.8542%5.67
$185.00$186.00$187.00Aug 28$0.30$0.7049%2.33
$170.00$172.50$175.00Sep 18$0.08$2.427%30.25
$195.00$197.50$200.00Sep 18$0.14$2.3611%16.86
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$184.00$185.00$186.00Aug 28$0.10$0.9039%9.00
$160.00$165.00$170.00Oct 2$0.08$4.927%61.50
$155.00$160.00$165.00Sep 25$0.07$4.934%70.43
$184.00$185.00$186.00Sep 4$0.08$0.9212%11.50
$179.00$180.00$181.00Sep 11$0.05$0.957%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. 148 found (best net $-3.02, 131 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$172.50$179.001:2Sep 11-$3.02$3.48
$184.00$185.001:2Aug 28-$0.48$0.52
$200.00$205.001:2Sep 25-$0.07$4.93
$197.50$200.001:2Sep 18-$0.13$2.37
$195.00$197.501:2Sep 18-$0.27$2.23
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$186.00$180.001:2Oct 2-$0.78$5.22
$180.00$175.001:2Oct 9-$0.92$4.08
$189.00$188.001:2Aug 28-$0.86$0.14
$165.00$160.001:2Sep 25-$0.23$4.77
$170.00$165.001:2Oct 9-$0.52$4.48

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 74 found (best yield 2.71%, avg 0.84%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$187.00Oct 2$5.050.500.4%2.71%3.15%--21
$189.00Oct 2$4.050.451.5%2.18%3.69%113
$187.50Oct 2$4.650.490.7%2.50%3.21%--15
$190.00Oct 2$3.700.422.0%1.99%4.04%218
$195.00Oct 9$2.440.324.7%1.31%6.05%21
$191.00Oct 2$3.100.392.6%1.67%4.25%242
$187.00Sep 25$4.350.490.4%2.34%2.78%--72
$188.00Sep 25$3.950.451.0%2.12%3.10%48
$187.50Sep 25$4.050.470.7%2.18%2.88%--17
$194.00Oct 2$2.170.314.2%1.17%5.37%84

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 4,011
Total Puts 21,507
Put/Call Ratio 5.36
Net Difference -17,496

Prior's Put/Call Breakdown

Total Calls 15,564
Total Puts 16,272
Put/Call Ratio 1.05
Net Difference -708

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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