Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.90 -1.44%
8/28 15:40

Option Volume

Detail
Current (08/28 3:40pm) 28,249
Calls: 4,777 (17%)
Puts: 23,472 (83%)
Prior (08/27) 42,813
Calls: 16,562 (39%)
Puts: 26,251 (61%)
Current vs Prior -34.02%
Calls: -71.16% (Calls)
Puts: -10.59% (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 +12.11%
Calls: -48.65%
Puts: +47.68%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 3:40pm) $13.52M
Calls: $5.44M (40%)
Puts: $8.08M (60%)
Prior (08/27) $12.00M
Calls: $8.47M (71%)
Puts: $3.53M (29%)
Current vs Prior +12.74%
Calls: -35.73%
Puts: +128.99%
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 -4.15%
Calls: -38.36%
Puts: +52.97%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 3:40pm) 4.91
Prior (08/27) 1.58
Current vs Prior +210.00%
Prior 7-Day Average 1.78
Current vs Prior 7-Day Avg +175.45%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 3:40pm) 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 0.73% | 2.82%4.65% | 7.55%
Prior 1.70% | 3.28%5.13% | 7.69%
Current vs Prior -57.01% | -14.11%-9.34% | -1.90%
Prior 7-Day Avg 2.27% | 3.89%3.75% | 7.55%
Current vs 7-Day Avg -67.83% | -27.62%+24.07% | -0.08%
Prior 7-Day Eod 1.70% | 3.28%5.13% | 7.69%
Current vs 7-Day Eod -57.01% | -14.11%-9.34% | -1.90%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 37.81% | 18.73%
Calls: 38.78% | 14.04%
Puts: 36.84% | 23.43%
Prior 69.97% | 29.52%
Calls: 48.23% | 25.49%
Puts: 91.72% | 33.55%
Current vs Prior -45.96% | -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 -33.45% | -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 210% - 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
15:40BEARISHBEARISHBEARISH
15:35BEARISHBEARISHBEARISH
15:30BEARISHBEARISHBEARISH
15:25BEARISHBEARISHBEARISH
15:20BEARISHBEARISHBEARISH
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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 91 of results (avg 6.8%, best 2.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Sep 1821.3021.75$21.532.1%160.931.8K
$167.00Aug 2818.6019.05$18.832.4%561.0057
$150.00Sep 435.6036.65$36.132.9%11.0016
$170.00Sep 2517.0017.65$17.333.8%50.8715
$160.00Sep 1826.0527.15$26.604.1%10.94683
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$185.00Sep 183.403.55$3.474.3%5290.462.0K
$182.50Sep 182.552.67$2.614.6%2000.362.1K
$182.00Sep 182.402.52$2.464.9%30.3463
$186.00Sep 183.804.00$3.905.1%160.5021
$200.00Sep 1813.8514.60$14.235.3%30.91136

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.74, cheapest $0.39)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$192.00Sep 40.360.42$0.3915.4%340.1487
$190.00Sep 40.700.81$0.7614.5%680.23132
$195.00Sep 180.901.05$0.9815.3%410.192.4K
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Sep 180.590.65$0.629.7%720.104.3K
$172.50Sep 180.770.89$0.8314.5%70.131.2K
$173.00Sep 180.830.90$0.878.0%80.1332

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 160 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 2826.4528.10$27.286.0%141.0042
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$191.00Aug 284.355.70$5.0326.8%60.997
$190.00Aug 283.704.45$4.0818.4%70.9826
$200.00Sep 413.5014.60$14.057.8%70.98--
$198.00Sep 410.3512.60$11.4819.6%40.98--
$197.50Sep 410.4512.10$11.2714.6%30.97--

Most actively traded options today. High liquidity = easy entry/exit. 306 active (total vol 11.4K, 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
$185.00Sep 184.604.90$4.756.3%880.543.8K
$185.00Aug 280.791.17$0.9838.8%810.83255
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Sep 181.051.13$1.097.3%1.7K0.177.2K
$180.00Sep 181.882.00$1.946.2%9560.282.8K
$170.00Sep 250.911.13$1.0221.6%7610.1397
$178.00Sep 181.491.60$1.557.1%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 192.0%, max 278.6%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.00Aug 28Oct 281.9%24.0%241.0%56994
$185.00Aug 28Oct 262.6%22.9%173.2%81275
$186.00Aug 28Sep 2552.3%21.9%138.9%20140
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.00Aug 28Sep 1181.9%21.6%278.6%104274
$185.00Aug 28Sep 2562.6%21.1%196.8%178256
$186.00Aug 28Oct 252.3%23.4%123.8%16796

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 162 found (best R:R 7.33, avg 4.75)

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$0.13$0.37$0.13100%2.85$167.13
$177.50$178.00Sep 18$0.10$0.40$0.1078%4.00$177.60
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$192.00$191.00Sep 11$0.12$0.88$0.1278%7.33$191.88
$192.50$191.00Sep 18$0.60$0.90$0.6074%1.50$191.90
$196.00$195.00Sep 4$0.50$0.50$0.5096%1.00$195.50
$190.00$188.00Sep 25$0.73$1.27$0.7362%1.74$189.27
$189.00$188.00Sep 11$0.32$0.68$0.3264%2.12$188.68

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 122 found (best R:R 0.74, avg 0.45)

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$0.81$0.81$0.6974%1.17$193.31
$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$0.67$0.67$0.3358%2.03$183.33
$183.00$182.50Sep 11$0.35$0.35$0.1566%2.33$182.65
$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
$179.00$178.00Sep 25$0.36$0.36$0.6472%0.56$178.64

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $2.05, cheapest $2.01)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$2.1052.3%23.7%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$2.0152.3%23.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 122 found (cheapest 0.34% of stock, avg 5.13%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Aug 28$0.26$0.38$0.64$185.36$186.640.34%
$185.00Aug 28$0.98$0.09$1.07$183.93$186.070.58%
$187.00Aug 28$0.13$1.27$1.40$185.60$188.400.75%
$184.00Aug 28$1.90$0.02$1.92$182.08$185.921.03%
$187.50Aug 28$0.10$1.84$1.94$185.56$189.441.04%
$188.00Aug 28$0.03$2.26$2.29$185.71$190.291.23%
$183.00Aug 28$2.85$0.01$2.86$180.14$185.861.54%
$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. 147 found (cheapest 0.10% of stock, avg 2.85%)

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$0.13$0.09$0.22$184.78$187.22
$186.00$185.00Aug 28$0.26$0.09$0.35$184.65$186.35
$187.50$150.00Aug 28$0.10$0.85$0.95$149.05$188.45
$187.00$150.00Aug 28$0.13$0.85$0.98$149.02$187.98
$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
$187.00$155.00Aug 28$0.13$1.07$1.20$153.80$188.20
$186.00$150.00Aug 28$0.26$0.85$1.11$148.89$187.11
$186.00$155.00Aug 28$0.26$1.07$1.33$153.67$187.33

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 215 found (best R:R 1.83, avg credit $0.59)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
173/174192/194Sep 11$0.97$0.5363%1.83$173.03$193.47
175/176197/198Oct 2$0.88$0.1252%7.33$175.12$197.88
179/180192/194Sep 11$1.14$0.3650%3.17$178.86$193.64
176/177192/194Sep 11$0.99$0.5158%1.94$176.01$193.49
175/176199/200Oct 2$0.80$0.2056%4.00$175.20$199.80
174/175197/198Oct 2$0.81$0.1954%4.26$174.19$197.81
174/175199/200Oct 2$0.73$0.2758%2.70$174.27$199.73
179/180199/200Oct 2$0.83$0.1748%4.88$179.17$199.83
178/179192/194Sep 11$0.99$0.5154%1.94$178.01$193.49
177/178192/194Sep 11$0.92$0.5857%1.59$176.58$193.42

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
$184.00$185.00$186.00Aug 28$0.20$0.8052%4.00
$172.50$175.00$177.50Sep 18$0.05$2.459%49.00
$195.00$197.50$200.00Sep 18$0.08$2.4210%30.25
$155.00$156.00$157.00Aug 28$0.06$0.9410%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$184.00$185.00$186.00Aug 28$0.22$0.7852%3.55
$160.00$165.00$170.00Oct 2$0.08$4.927%61.50
$183.00$184.00$185.00Aug 28$0.06$0.9416%15.67
$185.00$186.00$187.00Sep 4$0.07$0.9314%13.29
$184.00$185.00$186.00Sep 18$0.06$0.948%15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 141 found (best net $-2.95, 127 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$172.50$179.001:2Sep 11-$2.95$3.55
$184.00$185.001:2Aug 28-$0.06$0.94
$200.00$205.001:2Sep 25-$0.18$4.82
$186.00$187.001:2Aug 28$0.00$1.00
$197.50$200.001:2Sep 18-$0.15$2.35
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$4.900.500.6%2.64%3.23%--21
$189.00Oct 2$3.950.441.7%2.12%3.79%113
$187.50Oct 2$4.500.490.9%2.42%3.28%--15
$195.00Oct 9$2.250.324.9%1.21%6.11%21
$190.00Oct 2$3.450.412.2%1.86%4.06%218
$191.00Oct 2$3.050.382.7%1.64%4.38%242
$186.00Sep 25$4.700.500.1%2.53%2.58%188
$187.00Sep 25$4.150.480.6%2.23%2.82%--72
$187.50Sep 25$3.900.460.9%2.10%2.96%--17
$188.00Sep 25$3.700.441.1%1.99%3.12%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 4,777
Total Puts 23,472
Put/Call Ratio 4.91
Net Difference -18,695

Prior's Put/Call Breakdown

Total Calls 16,562
Total Puts 26,251
Put/Call Ratio 1.58
Net Difference -9,689

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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