Tour v526
XLK
State StreetTechSelSectSPDRETF
$186.16 -1.30%
8/28 14:35

Option Volume

Detail
Current (08/28 2:35pm) 26,488
Calls: 4,143 (16%)
Puts: 22,345 (84%)
Prior (08/27) 34,844
Calls: 15,774 (45%)
Puts: 19,070 (55%)
Current vs Prior -23.98%
Calls: -73.74% (Calls)
Puts: +17.17% (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 +5.12%
Calls: -55.47%
Puts: +40.59%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 2:35pm) $12.91M
Calls: $5.08M (39%)
Puts: $7.83M (61%)
Prior (08/27) $10.73M
Calls: $7.83M (73%)
Puts: $2.90M (27%)
Current vs Prior +20.32%
Calls: -35.11%
Puts: +169.98%
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 -8.48%
Calls: -42.42%
Puts: +48.19%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 2:35pm) 5.39
Prior (08/27) 1.21
Current vs Prior +346.13%
Prior 7-Day Average 1.78
Current vs Prior 7-Day Avg +202.35%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 2:35pm) 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 0.97% | 2.89%4.38% | 7.62%
Prior 1.70% | 3.28%5.13% | 7.69%
Current vs Prior -42.87% | -11.94%-14.59% | -0.99%
Prior 7-Day Avg 2.27% | 3.89%3.75% | 7.55%
Current vs 7-Day Avg -57.25% | -25.79%+16.88% | +0.85%
Prior 7-Day Eod 1.70% | 3.28%5.13% | 7.69%
Current vs 7-Day Eod -42.87% | -11.94%-14.59% | -0.99%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 67.34% | 15.23%
Calls: 74.19% | 21.07%
Puts: 60.50% | 9.39%
Prior 69.97% | 29.52%
Calls: 48.23% | 25.49%
Puts: 91.72% | 33.55%
Current vs Prior -3.76% | -48.41%
Prior 7-Day Avg 56.82% | 38.14%
Calls: 56.34% | 38.61%
Puts: 57.30% | 37.65%
Current vs 7-Day Avg +18.52% | -60.06%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 61% put dollar volume ($7.83M). Extreme bearish P/C ratio of 5.39 - heavy put buying. P/C ratio rising 346% - 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 BEARISH
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
14:35BEARISHBEARISHBEARISH
14:30BEARISHBEARISHBEARISH
14:25BEARISHBEARISHBEARISH
14:20BEARISHBEARISHBEARISH
14:15BEARISHBEARISHBEARISH
14:10BEARISHBEARISHBEARISH
14:00BEARISHBEARISHBEARISH
13:55BULLISHBEARISHBEARISH
13:50BULLISHBEARISHBEARISH
13:45BULLISHBEARISHBEARISH
13:40BULLISHBEARISHBEARISH
13:35BULLISHBEARISHBEARISH
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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 82 of results (avg 6.7%, best 2.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.7536.65$36.202.5%11.0016
$172.50Sep 1814.6515.05$14.852.7%--0.87157
$165.00Sep 420.9521.65$21.303.3%10.944
$175.00Sep 411.2011.65$11.433.9%20.9329
$189.00Sep 182.842.96$2.904.1%180.4040
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$186.00Sep 183.803.95$3.883.9%150.4921
$200.00Sep 1813.7514.40$14.084.6%30.90136
$184.00Sep 183.003.15$3.084.9%40.419
$187.50Sep 184.404.65$4.535.5%210.54675
$185.00Sep 183.353.55$3.455.8%5090.452.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.90, cheapest $0.93)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Sep 40.841.01$0.9318.3%580.26132
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
$150.00Sep 435.7536.65$36.202.5%11.0016
$156.00Sep 429.7531.30$30.535.1%--1.0010
$160.00Sep 425.7027.40$26.556.4%--1.0022
$149.00Sep 1836.8038.70$37.755.0%--1.00168
$150.00Sep 1835.8037.55$36.674.8%11.003.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Aug 283.654.20$3.9314.0%71.0026
$191.00Aug 283.905.50$4.7034.0%61.007
$200.00Sep 413.5014.40$13.956.5%70.98--
$198.00Sep 410.2512.55$11.4020.2%40.98--
$197.50Sep 49.8012.05$10.9320.6%30.97--

Most actively traded options today. High liquidity = easy entry/exit. 282 active (total vol 10.0K, 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 280.991.50$1.2540.8%720.75255
$185.00Sep 184.855.15$5.006.0%710.553.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Sep 181.011.15$1.0813.0%1.7K0.167.2K
$170.00Sep 250.811.10$0.9630.2%7590.1297
$180.00Sep 181.892.05$1.978.1%5890.282.8K
$178.00Sep 181.481.63$1.569.6%5760.238.5K
$178.00Sep 110.731.00$0.8731.0%5680.1710

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 126.9%, max 213.3%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Aug 28Oct 267.7%23.2%192.6%72275
$186.00Aug 28Sep 2552.2%22.7%129.5%13140
$187.00Aug 28Oct 248.2%22.8%111.1%53994
$187.50Aug 28Oct 253.8%25.7%109.6%13861
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Aug 28Sep 2567.7%21.6%213.3%135256
$187.50Aug 28Sep 1853.8%23.5%128.7%32725
$186.00Aug 28Oct 252.2%23.2%124.6%15496
$187.00Aug 28Sep 1148.2%21.6%123.1%96274
$192.00Sep 4Sep 1123.0%20.9%9.7%240

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 152 found (best R:R 0.52, avg 5.02)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$185.00$186.00Sep 11$0.25$0.75$0.2559%3.00$185.25
$180.00$181.00Sep 18$0.42$0.58$0.4272%1.38$180.42
$183.00$184.00Sep 11$0.36$0.64$0.3666%1.78$183.36
$183.00$184.00Sep 25$0.38$0.62$0.3861%1.63$183.38
$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$9.2085%0.52$190.80
$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
$190.00$188.00Sep 25$0.73$1.27$0.7361%1.74$189.27
$185.00$183.00Sep 11$0.35$1.65$0.3542%4.71$184.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 120 found (best R:R 0.74, avg 0.53)

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
$199.00$200.00Oct 2$0.57$0.57$0.4379%1.33$199.57
$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 11$0.73$0.73$0.2753%2.70$185.27
$184.00$183.00Sep 18$0.66$0.66$0.3459%1.94$183.34
$186.00$185.00Sep 25$0.72$0.72$0.2851%2.57$185.28
$183.00$182.50Sep 11$0.38$0.38$0.1266%3.17$182.62
$177.50$177.00Sep 25$0.28$0.28$0.2276%1.27$177.22

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.94, cheapest $1.87)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$2.0052.2%23.3%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$1.8752.2%23.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 113 found (cheapest 0.58% of stock, avg 5.00%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Aug 28$0.61$0.47$1.08$184.92$187.080.58%
$187.00Aug 28$0.18$1.20$1.38$185.62$188.380.74%
$185.00Aug 28$1.25$0.27$1.52$183.48$186.520.82%
$187.50Aug 28$0.12$1.60$1.72$185.78$189.220.92%
$188.00Aug 28$0.04$2.02$2.06$185.94$190.061.11%
$184.00Aug 28$2.09$0.07$2.16$181.84$186.161.16%
$189.00Aug 28$0.03$2.98$3.01$185.99$192.011.62%
$183.00Aug 28$3.27$0.07$3.34$179.66$186.341.79%
$182.50Aug 28$3.72$0.01$3.73$178.77$186.232.00%
$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$0.07$0.11$182.89$188.11
$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$0.07$0.19$182.81$187.69
$187.00$184.00Aug 28$0.18$0.07$0.25$183.75$187.25
$187.00$183.00Aug 28$0.18$0.07$0.25$182.75$187.25
$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$0.18$0.27$0.45$184.55$187.45
$188.00$186.00Aug 28$0.04$0.47$0.51$185.49$188.51

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 241 found (best R:R 5.25, avg credit $0.55)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
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$0.98$0.5258%1.88$176.02$193.48
179/180199/200Oct 2$0.86$0.1448%6.14$179.14$199.86
175/176194/195Sep 25$0.83$0.1751%4.88$175.17$194.83
179/180192/194Sep 11$1.08$0.4250%2.57$178.92$193.58
175/176199/200Oct 2$0.75$0.2556%3.00$175.25$199.75
179/180197/198Oct 2$0.87$0.1344%6.69$179.13$197.87
175/176197/198Oct 2$0.76$0.2452%3.17$175.24$197.76
178/178192/194Sep 11$0.93$0.5756%1.63$177.07$193.43

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 79 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
$185.00$186.00$187.00Aug 28$0.21$0.7950%3.76
$184.00$185.00$186.00Aug 28$0.20$0.8037%4.00
$200.00$202.50$205.00Oct 2$0.05$2.455%49.00
$189.00$190.00$191.00Sep 4$0.06$0.9410%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$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 18$0.06$0.948%15.67
$165.00$167.50$170.00Sep 18$0.08$2.424%30.25
$178.00$179.00$180.00Sep 18$0.07$0.935%13.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 142 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-$0.41$0.59
$200.00$205.001:2Sep 25-$0.24$4.76
$195.00$197.501:2Sep 18-$0.30$2.20
$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
$186.00$185.001:2Aug 28-$0.07$0.93
$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 2.69%, avg 0.85%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$187.00Oct 2$5.000.500.5%2.69%3.14%--21
$189.00Oct 2$4.050.451.5%2.18%3.70%113
$187.50Oct 2$4.650.490.7%2.50%3.22%--15
$190.00Oct 2$3.650.422.1%1.96%4.02%218
$195.00Oct 9$2.440.324.8%1.31%6.06%21
$191.00Oct 2$3.100.392.6%1.67%4.27%242
$187.00Sep 25$4.350.480.5%2.34%2.79%--72
$188.00Sep 25$3.900.451.0%2.09%3.08%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 4,143
Total Puts 22,345
Put/Call Ratio 5.39
Net Difference -18,202

Prior's Put/Call Breakdown

Total Calls 15,774
Total Puts 19,070
Put/Call Ratio 1.21
Net Difference -3,296

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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