Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.77 -1.51%
8/28 15:30

Option Volume

Detail
Current (08/28 3:30pm) 28,005
Calls: 4,739 (17%)
Puts: 23,266 (83%)
Prior (08/27) 41,855
Calls: 16,232 (39%)
Puts: 25,623 (61%)
Current vs Prior -33.09%
Calls: -70.80% (Calls)
Puts: -9.20% (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 +11.14%
Calls: -49.06%
Puts: +46.38%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 3:30pm) $13.45M
Calls: $5.40M (40%)
Puts: $8.05M (60%)
Prior (08/27) $11.81M
Calls: $8.21M (69%)
Puts: $3.61M (31%)
Current vs Prior +13.85%
Calls: -34.22%
Puts: +123.22%
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 -4.67%
Calls: -38.83%
Puts: +52.37%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 3:30pm) 4.91
Prior (08/27) 1.58
Current vs Prior +211.01%
Prior 7-Day Average 1.78
Current vs Prior 7-Day Avg +175.22%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 3:30pm) 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 0.74% | 2.82%4.66% | 7.55%
Prior 1.70% | 3.28%5.13% | 7.69%
Current vs Prior -56.35% | -14.05%-9.27% | -1.83%
Prior 7-Day Avg 2.27% | 3.89%3.75% | 7.55%
Current vs 7-Day Avg -67.34% | -27.57%+24.16% | -0.01%
Prior 7-Day Eod 1.70% | 3.28%5.13% | 7.69%
Current vs 7-Day Eod -56.35% | -14.05%-9.27% | -1.83%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 58.57% | 18.73%
Calls: 57.14% | 14.04%
Puts: 60.00% | 23.43%
Prior 69.97% | 29.52%
Calls: 48.23% | 25.49%
Puts: 91.72% | 33.55%
Current vs Prior -16.29% | -36.55%
Prior 7-Day Avg 56.82% | 38.14%
Calls: 56.34% | 38.61%
Puts: 57.30% | 37.65%
Current vs 7-Day Avg +3.08% | -50.89%
Liquidity Expensive
+
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🤖 AI Insights

Extreme bearish P/C ratio of 4.91 - heavy put buying. P/C ratio rising 211% - 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 BEARISH
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
15:30BEARISHBEARISHBEARISH
15:25BEARISHBEARISHBEARISH
15:20BEARISHBEARISHBEARISH
15:15BEARISHBEARISHBEARISH
15:10BEARISHBEARISHBEARISH
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15:00BEARISHBEARISHBEARISH
14:55BEARISHBEARISHBEARISH
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13:55BULLISHBEARISHBEARISH
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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 88 of results (avg 6.8%, best 2.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Sep 1821.3021.75$21.532.1%160.931.8K
$150.00Sep 435.6036.65$36.132.9%10.9916
$170.00Sep 2516.8017.45$17.133.8%50.8715
$160.00Sep 1826.0527.15$26.604.1%10.94683
$150.00Aug 2835.4537.10$36.284.5%--0.9463
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$182.00Sep 182.422.53$2.474.5%30.3563
$182.50Sep 182.552.68$2.625.0%2000.362.1K
$186.00Sep 183.804.00$3.905.1%160.5021
$200.00Sep 1813.8514.60$14.235.3%30.91136
$185.00Sep 183.403.60$3.505.7%5290.462.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.75, cheapest $0.40)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$192.00Sep 40.360.43$0.4017.5%320.1487
$190.00Sep 40.700.83$0.7617.1%660.24132
$195.00Sep 180.901.05$0.9815.3%410.192.4K
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Sep 180.600.65$0.637.9%720.104.3K
$173.00Sep 180.830.90$0.878.0%80.1432
$172.50Sep 180.780.89$0.8413.1%70.131.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 159 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$149.00Sep 1836.8038.70$37.755.0%--1.00168
$150.00Sep 1835.7037.45$36.584.8%11.003.9K
$151.00Sep 1834.6536.70$35.675.7%--1.00299
$152.50Sep 1833.3535.20$34.285.4%21.00600
$154.00Sep 1831.9533.75$32.855.5%--1.0046
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$191.00Aug 284.355.70$5.0326.8%61.007
$197.00Sep 410.0511.60$10.8314.3%51.001
$197.50Sep 49.8012.10$10.9521.0%31.00--
$198.00Sep 410.3512.60$11.4819.6%41.00--
$200.00Sep 413.5014.60$14.057.8%71.00--

Most actively traded options today. High liquidity = easy entry/exit. 303 active (total vol 11.1K, 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
$185.00Sep 184.604.90$4.756.3%880.543.8K
$185.00Aug 280.671.19$0.9355.9%790.82255
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Sep 181.061.13$1.106.4%1.7K0.177.2K
$180.00Sep 181.922.06$1.997.0%8060.282.8K
$170.00Sep 250.921.13$1.0220.6%7600.1397
$178.00Sep 181.511.60$1.565.8%6330.238.5K
$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. 6 strikes (avg 170.8%, max 262.1%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.00Aug 28Oct 278.3%24.0%226.1%55994
$186.00Aug 28Sep 2551.5%22.1%132.4%20140
$185.00Aug 28Oct 252.8%22.9%130.5%79275
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.00Aug 28Sep 1178.3%21.6%262.1%104274
$185.00Aug 28Sep 2552.8%20.9%153.1%178256
$186.00Aug 28Oct 251.5%23.4%120.3%15896

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 160 found (best R:R 7.33, avg 4.69)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$180.00$181.00Sep 18$0.25$0.75$0.2572%3.00$180.25
$183.00$184.00Sep 11$0.23$0.77$0.2366%3.35$183.23
$195.00$197.00Oct 2$0.10$1.90$0.1027%19.00$195.10
$167.00$167.50Aug 28$0.12$0.38$0.12100%3.17$167.12
$180.00$195.00Oct 9$7.05$7.95$7.0568%1.13$187.05
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$192.00$191.00Sep 11$0.12$0.88$0.1278%7.33$191.88
$194.00$192.50Sep 4$0.78$0.72$0.7891%0.92$193.22
$192.50$191.00Sep 18$0.60$0.90$0.6074%1.50$191.90
$196.00$195.00Sep 4$0.50$0.50$0.5095%1.00$195.50
$190.00$188.00Sep 25$0.73$1.27$0.7362%1.74$189.27

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 121 found (best R:R 0.74, avg 0.44)

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$2.52$2.52$12.4868%0.20$197.52
$192.50$194.00Sep 11$0.76$0.76$0.7474%1.03$193.26
$197.00$198.00Oct 2$0.63$0.63$0.3775%1.70$197.63
$199.00$200.00Oct 2$0.55$0.55$0.4580%1.22$199.55
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$184.00$183.00Sep 18$0.66$0.66$0.3458%1.94$183.34
$183.00$182.50Sep 11$0.36$0.36$0.1466%2.57$182.64
$179.00$178.00Sep 25$0.41$0.41$0.5971%0.69$178.59
$180.00$179.00Sep 11$0.33$0.33$0.6776%0.49$179.67
$151.00$150.00Sep 18$0.12$0.12$0.8897%0.14$150.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $2.02, cheapest $1.94)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$2.1051.5%23.7%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$1.9451.5%23.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 120 found (cheapest 0.38% of stock, avg 5.10%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Aug 28$0.26$0.45$0.71$185.29$186.710.38%
$185.00Aug 28$0.93$0.09$1.02$183.98$186.020.55%
$187.00Aug 28$0.14$1.27$1.41$185.59$188.410.76%
$184.00Aug 28$1.90$0.02$1.92$182.08$185.921.03%
$187.50Aug 28$0.10$1.88$1.98$185.52$189.481.07%
$188.00Aug 28$0.03$2.26$2.29$185.71$190.291.23%
$183.00Aug 28$2.80$0.01$2.81$180.19$185.811.51%
$189.00Aug 28$0.03$3.08$3.11$185.89$192.111.67%
$182.50Aug 28$3.43$0.01$3.44$179.06$185.941.85%
$182.00Aug 28$3.78$0.01$3.79$178.21$185.792.04%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.10% of stock, avg 2.83%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$187.50$185.00Aug 28$0.10$0.09$0.19$184.81$187.69
$187.00$185.00Aug 28$0.14$0.09$0.23$184.77$187.23
$190.00$185.00Aug 28$0.11$0.09$0.20$184.80$190.20
$186.00$185.00Aug 28$0.26$0.09$0.35$184.65$186.35
$190.00$150.00Aug 28$0.11$0.84$0.95$149.05$190.95
$187.50$150.00Aug 28$0.10$0.84$0.94$149.06$188.44
$187.00$150.00Aug 28$0.14$0.84$0.98$149.02$187.98
$190.00$155.00Aug 28$0.11$1.07$1.18$153.82$191.18
$202.50$185.00Aug 28$1.07$0.09$1.16$183.84$203.66
$187.50$155.00Aug 28$0.10$1.07$1.17$153.83$188.67

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 217 found (best R:R 6.69, avg credit $0.58)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
175/176197/198Oct 2$0.87$0.1352%6.69$175.13$197.87
179/180199/200Oct 2$0.89$0.1148%8.09$179.11$199.89
173/174192/194Sep 11$0.92$0.5863%1.59$173.08$193.42
175/176199/200Oct 2$0.79$0.2157%3.76$175.21$199.79
179/180192/194Sep 11$1.09$0.4150%2.66$178.91$193.59
176/177192/194Sep 11$0.94$0.5658%1.68$176.06$193.44
176/177197/198Oct 2$0.77$0.2350%3.35$176.23$197.77
178/179192/194Sep 11$0.94$0.5654%1.68$178.06$193.44
169/170193/194Sep 25$0.66$0.3458%1.94$169.34$193.66
176/177199/200Oct 2$0.69$0.3155%2.23$176.31$199.69

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 85 found (best R:R 2.31, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$180.00$195.00$210.00Oct 9$4.53$10.4761%2.31
$172.50$175.00$177.50Sep 18$0.05$2.459%49.00
$184.00$185.00$186.00Aug 28$0.30$0.7055%2.33
$195.00$197.50$200.00Sep 18$0.08$2.4210%30.25
$189.00$190.00$191.00Sep 4$0.06$0.9411%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 2$0.08$4.927%61.50
$184.00$185.00$186.00Aug 28$0.29$0.7155%2.45
$183.00$184.00$185.00Aug 28$0.06$0.9417%15.67
$185.00$186.00$187.00Sep 4$0.07$0.9314%13.29
$185.00$186.00$187.00Aug 28$0.46$0.5463%1.17

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 139 found (best net $-2.95, 125 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$172.50$179.001:2Sep 11-$2.95$3.55
$200.00$205.001:2Sep 25-$0.18$4.82
$197.50$200.001:2Sep 18-$0.15$2.35
$202.50$205.001:2Sep 18-$0.05$2.45
$205.00$210.001:2Sep 4-$0.05$4.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$186.00$180.001:2Oct 2-$0.83$5.17
$170.00$165.001:2Oct 9-$0.37$4.63
$180.00$175.001:2Oct 9-$1.12$3.88
$160.00$155.001:2Sep 25-$0.16$4.84
$155.00$150.001:2Sep 4-$0.04$4.96

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 75 found (best yield 2.64%, avg 0.87%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$187.00Oct 2$4.900.500.7%2.64%3.30%--21
$189.00Oct 2$3.950.441.7%2.13%3.86%113
$187.50Oct 2$4.500.490.9%2.42%3.35%--15
$195.00Oct 9$2.250.325.0%1.21%6.18%21
$190.00Oct 2$3.450.412.3%1.86%4.13%218
$191.00Oct 2$3.050.382.8%1.64%4.46%242
$186.00Sep 25$4.700.500.1%2.53%2.65%188
$187.00Sep 25$4.150.470.7%2.23%2.90%--72
$187.50Sep 25$3.900.460.9%2.10%3.03%--17
$188.00Sep 25$3.700.441.2%1.99%3.19%58

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 4,739
Total Puts 23,266
Put/Call Ratio 4.91
Net Difference -18,527

Prior's Put/Call Breakdown

Total Calls 16,232
Total Puts 25,623
Put/Call Ratio 1.58
Net Difference -9,391

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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