Tour v526
XLK
State StreetTechSelSectSPDRETF
$186.15 -1.31%
8/28 14:20

Option Volume

Detail
Current (08/28 2:20pm) 25,750
Calls: 4,038 (16%)
Puts: 21,712 (84%)
Prior (08/27) 33,377
Calls: 15,654 (47%)
Puts: 17,723 (53%)
Current vs Prior -22.85%
Calls: -74.20% (Calls)
Puts: +22.51% (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 +2.19%
Calls: -56.60%
Puts: +36.61%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 2:20pm) $12.64M
Calls: $5.02M (40%)
Puts: $7.62M (60%)
Prior (08/27) $10.60M
Calls: $7.80M (74%)
Puts: $2.80M (26%)
Current vs Prior +19.33%
Calls: -35.57%
Puts: +172.26%
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 -10.39%
Calls: -43.08%
Puts: +44.21%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 2:20pm) 5.38
Prior (08/27) 1.13
Current vs Prior +374.92%
Prior 7-Day Average 1.78
Current vs Prior 7-Day Avg +201.43%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 2:20pm) 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% | 2.94%4.38% | 7.60%
Prior 1.70% | 3.28%5.13% | 7.69%
Current vs Prior -41.92% | -10.46%-14.69% | -1.19%
Prior 7-Day Avg 2.27% | 3.89%3.75% | 7.55%
Current vs 7-Day Avg -56.54% | -24.55%+16.74% | +0.64%
Prior 7-Day Eod 1.70% | 3.28%5.13% | 7.69%
Current vs 7-Day Eod -41.92% | -10.46%-14.69% | -1.19%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 63.07% | 22.60%
Calls: 67.74% | 21.07%
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% | -23.44%
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% | -40.74%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 60% put dollar volume ($7.62M). Extreme bearish P/C ratio of 5.38 - heavy put buying. P/C ratio rising 375% - 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
14:20BEARISHBEARISHBEARISH
14:15BEARISHBEARISHBEARISH
14:10BEARISHBEARISHBEARISH
14:00BEARISHBEARISHBEARISH
13:55BULLISHBEARISHBEARISH
13:50BULLISHBEARISHBEARISH
13:45BULLISHBEARISHBEARISH
13:40BULLISHBEARISHBEARISH
13:35BULLISHBEARISHBEARISH
13:30BULLISHBEARISHBEARISH
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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 72 of results (avg 6.7%, best 2.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.7536.75$36.252.8%10.9916
$165.00Sep 420.9521.65$21.303.3%10.984
$181.00Sep 45.956.15$6.053.3%60.7929
$172.50Sep 1814.6515.15$14.903.4%--0.88157
$175.00Sep 1812.4512.95$12.703.9%--0.841.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 1813.6514.50$14.086.0%30.90136
$200.00Sep 413.5014.40$13.956.5%71.00--
$187.50Sep 184.404.70$4.556.6%210.54675
$180.00Sep 181.872.00$1.946.7%5640.282.8K
$185.00Sep 183.303.55$3.437.3%280.442.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.86, cheapest $0.86)

CALLS (0)
No calls meet the criteria
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
$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
$210.00Sep 2522.4524.65$23.559.3%100.9710

Most actively traded options today. High liquidity = easy entry/exit. 280 active (total vol 9.4K, 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 281.101.50$1.3030.8%720.74255
$185.00Sep 184.905.25$5.086.9%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 181.421.63$1.5313.7%5710.228.5K
$178.00Sep 110.731.00$0.8731.0%5680.1710
$180.00Sep 181.872.00$1.946.7%5640.282.8K

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 126.7%, max 187.3%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Aug 28Oct 261.5%23.2%165.3%72275
$186.00Aug 28Sep 2554.8%22.9%139.3%13140
$187.00Aug 28Oct 252.7%22.9%130.4%53994
$187.50Aug 28Oct 252.4%25.7%103.8%13861
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Aug 28Sep 2561.5%21.4%187.3%135256
$187.00Aug 28Sep 1152.7%21.5%145.0%85274
$186.00Aug 28Oct 254.8%23.3%135.6%15496
$187.50Aug 28Sep 1852.4%23.5%123.4%28725
$192.00Sep 4Sep 1123.0%20.9%9.9%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 4.64)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$185.00$186.00Sep 11$0.23$0.77$0.2359%3.35$185.23
$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
$181.00$182.00Sep 25$0.38$0.62$0.3868%1.63$181.38
$191.00$192.50Sep 18$0.20$1.30$0.2032%6.50$191.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$200.00$186.00Oct 2$9.20$4.80$9.2084%0.52$190.80
$192.00$191.00Sep 11$0.20$0.80$0.2077%4.00$191.80
$190.00$188.00Sep 25$0.63$1.37$0.6361%2.17$189.37
$194.00$192.50Sep 4$0.85$0.65$0.8590%0.76$193.15
$192.50$190.00Sep 18$1.38$1.12$1.3872%0.81$191.12

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 118 found (best R:R 0.74, avg 0.54)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$202.50$205.00Aug 28$1.06$1.06$1.4485%0.74$203.56
$195.00$210.00Oct 9$2.62$2.62$12.3868%0.21$197.62
$192.50$194.00Sep 11$0.80$0.80$0.7074%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
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$186.00$185.00Sep 25$0.79$0.79$0.2151%3.76$185.21
$186.00$185.00Sep 11$0.73$0.73$0.2753%2.70$185.27
$184.00$183.00Sep 18$0.60$0.60$0.4059%1.50$183.40
$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 $1.88, cheapest $1.77)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$1.9854.8%23.3%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$1.7754.8%23.3%

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$0.22$1.21$1.43$185.57$188.430.77%
$185.00Aug 28$1.30$0.27$1.57$183.43$186.570.84%
$187.50Aug 28$0.12$1.57$1.69$185.81$189.190.91%
$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$3.75$0.01$3.76$178.74$186.262.02%
$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. 155 found (cheapest 0.06% of stock, avg 2.74%)

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$0.12$0.07$0.19$183.81$187.69
$187.50$183.00Aug 28$0.12$0.08$0.20$182.80$187.70
$187.00$184.00Aug 28$0.22$0.07$0.29$183.71$187.29
$187.00$183.00Aug 28$0.22$0.08$0.30$182.70$187.30
$188.00$185.00Aug 28$0.04$0.27$0.31$184.69$188.31
$187.50$185.00Aug 28$0.12$0.27$0.39$184.61$187.89
$187.00$185.00Aug 28$0.22$0.27$0.49$184.51$187.49
$187.00$186.00Aug 28$0.22$0.57$0.79$185.21$187.79

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 233 found (best R:R 0.87, avg credit $0.55)

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$0.84$0.1659%5.25$169.16$194.84
174/175192/194Sep 11$0.95$0.5561%1.73$174.05$193.45
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
173/174198/199Sep 25$0.63$0.3764%1.70$173.37$198.63
179/180192/194Sep 11$1.00$0.5051%2.00$179.00$193.50
178/179192/194Sep 11$0.95$0.5554%1.73$178.05$193.45
180/181192/194Sep 11$1.05$0.4547%2.33$179.95$193.55

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 85 found (best R:R 1.91, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$180.00$195.00$210.00Oct 9$5.16$9.8461%1.91
$200.00$205.00$210.00Sep 25$0.07$4.9311%70.43
$185.00$186.00$187.00Aug 28$0.26$0.7448%2.85
$184.00$185.00$186.00Aug 28$0.21$0.7941%3.76
$170.00$172.50$175.00Sep 18$0.08$2.427%30.25
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
$185.00$186.00$187.00Sep 4$0.05$0.9513%19.00
$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. 143 found (best net $-3.02, 127 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$172.50$179.001:2Sep 11-$3.02$3.48
$184.00$185.001:2Aug 28-$0.42$0.58
$200.00$205.001:2Sep 25-$0.07$4.93
$195.00$197.501:2Sep 18-$0.27$2.23
$202.50$205.001:2Sep 18-$0.05$2.45
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. 73 found (best yield 2.74%, avg 0.86%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$187.00Oct 2$5.100.500.5%2.74%3.20%--21
$189.00Oct 2$4.050.451.5%2.18%3.71%113
$190.00Oct 2$3.700.422.1%1.99%4.06%218
$187.50Oct 2$4.650.490.7%2.50%3.22%--15
$195.00Oct 9$2.440.324.8%1.31%6.07%21
$191.00Oct 2$3.100.392.6%1.67%4.27%242
$187.00Sep 25$4.350.490.5%2.34%2.79%--72
$188.00Sep 25$3.900.451.0%2.10%3.09%48
$187.50Sep 25$4.050.470.7%2.18%2.90%--17
$194.00Oct 2$2.170.314.2%1.17%5.38%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 4,038
Total Puts 21,712
Put/Call Ratio 5.38
Net Difference -17,674

Prior's Put/Call Breakdown

Total Calls 15,654
Total Puts 17,723
Put/Call Ratio 1.13
Net Difference -2,069

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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