Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.93 -1.42%
8/28 15:45

Option Volume

Detail
Current (08/28 3:45pm) 28,306
Calls: 4,804 (17%)
Puts: 23,502 (83%)
Prior (08/27) 43,683
Calls: 16,652 (38%)
Puts: 27,031 (62%)
Current vs Prior -35.20%
Calls: -71.15% (Calls)
Puts: -13.06% (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 +12.34%
Calls: -48.36%
Puts: +47.87%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 3:45pm) $13.54M
Calls: $5.45M (40%)
Puts: $8.08M (60%)
Prior (08/27) $12.43M
Calls: $8.60M (69%)
Puts: $3.83M (31%)
Current vs Prior +8.92%
Calls: -36.56%
Puts: +110.98%
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 -4.06%
Calls: -38.19%
Puts: +52.95%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 3:45pm) 4.89
Prior (08/27) 1.62
Current vs Prior +201.37%
Prior 7-Day Average 1.78
Current vs Prior 7-Day Avg +174.26%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 3:45pm) 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 0.72% | 2.82%4.63% | 7.55%
Prior 1.70% | 3.28%5.13% | 7.69%
Current vs Prior -57.65% | -14.13%-9.88% | -1.91%
Prior 7-Day Avg 2.27% | 3.89%3.75% | 7.55%
Current vs 7-Day Avg -68.31% | -27.63%+23.33% | -0.10%
Prior 7-Day Eod 1.70% | 3.28%5.13% | 7.69%
Current vs 7-Day Eod -57.65% | -14.13%-9.88% | -1.91%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 44.39% | 18.73%
Calls: 38.78% | 14.04%
Puts: 50.00% | 23.43%
Prior 69.97% | 29.52%
Calls: 48.23% | 25.49%
Puts: 91.72% | 33.55%
Current vs Prior -36.56% | -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 -21.87% | -50.89%
Liquidity Expensive
+
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🤖 AI Insights

Extreme bearish P/C ratio of 4.89 - heavy put buying. P/C ratio rising 201% - 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
15:45BEARISHBEARISHBEARISH
15:40BEARISHBEARISHBEARISH
15:35BEARISHBEARISHBEARISH
15:30BEARISHBEARISHBEARISH
15:25BEARISHBEARISHBEARISH
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14:55BEARISHBEARISHBEARISH
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13:55BULLISHBEARISHBEARISH
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09:45BULLISHBULLISHBULLISH
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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 87 of results (avg 6.7%, best 1.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Sep 2517.1017.35$17.231.5%50.8715
$167.00Aug 2818.6019.10$18.852.7%561.0057
$150.00Sep 435.6036.65$36.132.9%11.0016
$165.00Sep 1821.3022.00$21.653.2%160.941.8K
$160.00Sep 1826.0527.15$26.604.1%10.96683
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 413.9014.30$14.102.8%80.98--
$182.00Sep 182.372.49$2.434.9%30.3463
$182.50Sep 182.512.64$2.585.0%2000.362.1K
$186.00Sep 183.753.95$3.855.2%160.4921
$200.00Sep 1813.8514.60$14.235.3%30.90136

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.77, cheapest $0.39)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$192.00Sep 40.360.42$0.3915.4%340.1487
$190.00Sep 40.700.83$0.7617.1%720.24132
$195.00Sep 180.901.05$0.9815.3%410.192.4K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$182.00Sep 40.861.02$0.9417.0%320.2626
$170.00Sep 180.580.65$0.6211.3%720.104.3K
$173.00Sep 180.820.90$0.869.3%80.1332
$172.50Sep 180.770.89$0.8314.5%70.131.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 161 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.6036.65$36.132.9%11.0016
$156.00Sep 429.6031.30$30.455.6%--1.0010
$160.00Sep 425.6027.40$26.506.8%--1.0022
$167.00Aug 2818.6019.10$18.852.7%561.0057
$156.00Aug 2829.3031.20$30.256.3%31.00403
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$191.00Aug 284.355.70$5.0326.8%61.007
$200.00Sep 413.9014.30$14.102.8%80.98--
$198.00Sep 410.3512.60$11.4819.6%40.98--
$197.50Sep 410.4512.10$11.2714.6%30.97--
$197.00Sep 410.0511.60$10.8314.3%50.971

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%890.553.8K
$185.00Aug 280.791.17$0.9838.8%840.83255
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Sep 181.031.13$1.089.3%1.7K0.177.2K
$180.00Sep 181.871.99$1.936.2%9660.282.8K
$170.00Sep 250.901.13$1.0122.8%7610.1397
$178.00Sep 181.471.60$1.548.4%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 211.7%, max 303.2%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.00Aug 28Oct 287.2%24.0%263.1%56994
$185.00Aug 28Oct 268.8%22.9%200.3%84275
$186.00Aug 28Sep 2554.5%22.1%146.8%20140
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.00Aug 28Sep 1187.2%21.6%303.2%104274
$185.00Aug 28Sep 2568.8%21.3%223.7%178256
$186.00Aug 28Oct 254.5%23.4%133.1%16796

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 163 found (best R:R 7.33, avg 4.72)

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$0.15$0.35$0.15100%2.33$167.15
$170.00$171.00Sep 25$0.53$0.47$0.5387%0.89$170.53
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
$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
$192.50$194.00Sep 11$0.60$0.60$0.9076%0.67$193.10
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$183.00$182.50Sep 11$0.35$0.35$0.1566%2.33$182.65
$184.00$183.00Sep 18$0.55$0.55$0.4559%1.22$183.45
$180.00$179.00Sep 11$0.34$0.34$0.6676%0.52$179.66
$170.00$169.00Sep 25$0.23$0.23$0.7787%0.30$169.77
$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 $2.06, cheapest $2.03)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$2.1054.5%23.7%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$2.0354.5%23.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 122 found (cheapest 0.33% of stock, avg 5.13%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Aug 28$0.26$0.36$0.62$185.38$186.620.33%
$185.00Aug 28$0.98$0.09$1.07$183.93$186.070.58%
$187.00Aug 28$0.13$1.24$1.37$185.63$188.370.74%
$187.50Aug 28$0.10$1.60$1.70$185.80$189.200.91%
$184.00Aug 28$1.90$0.01$1.91$182.09$185.911.03%
$188.00Aug 28$0.03$2.21$2.24$185.76$190.241.20%
$183.00Aug 28$2.90$0.01$2.91$180.09$185.911.57%
$189.00Aug 28$0.03$3.08$3.11$185.89$192.111.67%
$182.50Aug 28$3.38$0.01$3.39$179.11$185.891.82%
$182.00Aug 28$3.73$0.01$3.74$178.26$185.742.01%

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$0.13$0.09$0.22$184.78$187.22
$190.00$185.00Aug 28$0.15$0.09$0.24$184.76$190.24
$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
$190.00$150.00Aug 28$0.15$0.85$1.00$149.00$191.00
$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
$190.00$155.00Aug 28$0.15$1.07$1.22$153.78$191.22

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 207 found (best R:R 5.25, avg credit $0.58)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
175/176199/200Oct 2$0.84$0.1656%5.25$175.16$199.84
179/180199/200Oct 2$0.83$0.1748%4.88$179.17$199.83
174/175197/198Oct 2$0.77$0.2354%3.35$174.23$197.77
177/178197/198Oct 2$0.78$0.2250%3.55$176.72$197.78
174/175199/200Oct 2$0.69$0.3158%2.23$174.31$199.69
169/170193/194Sep 25$0.69$0.3158%2.23$169.31$193.69
178/179197/198Oct 2$1.06$0.4446%2.41$177.94$198.06
178/179193/194Sep 25$0.82$0.1843%4.56$178.18$193.82
177/178199/200Oct 2$0.70$0.3054%2.33$176.80$199.70
178/179199/200Oct 2$0.98$0.5251%1.88$178.02$199.98

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
$183.00$184.00$185.00Aug 28$0.08$0.9216%11.50
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$184.00$185.00$186.00Aug 28$0.19$0.8152%4.26
$160.00$165.00$170.00Oct 2$0.08$4.927%61.50
$185.00$186.00$187.00Sep 4$0.06$0.9414%15.67
$183.00$184.00$185.00Aug 28$0.08$0.9216%11.50
$165.00$167.50$170.00Sep 18$0.07$2.434%34.71

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, 126 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
$183.00$184.001:2Aug 28-$0.90$0.10
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%3.21%--21
$189.00Oct 2$3.950.441.6%2.12%3.78%113
$187.50Oct 2$4.500.490.8%2.42%3.26%--15
$191.00Oct 2$3.300.382.7%1.77%4.50%242
$195.00Oct 9$2.250.324.9%1.21%6.09%21
$190.00Oct 2$3.450.412.2%1.86%4.04%218
$186.00Sep 25$4.700.500.0%2.53%2.57%188
$187.00Sep 25$4.150.480.6%2.23%2.81%--72
$187.50Sep 25$3.900.460.8%2.10%2.94%--17
$188.00Sep 25$3.700.441.1%1.99%3.10%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 4,804
Total Puts 23,502
Put/Call Ratio 4.89
Net Difference -18,698

Prior's Put/Call Breakdown

Total Calls 16,652
Total Puts 27,031
Put/Call Ratio 1.62
Net Difference -10,379

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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