Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.78 -1.50%
8/28 15:55

Option Volume

Detail
Current (08/28 3:55pm) 28,803
Calls: 4,838 (17%)
Puts: 23,965 (83%)
Prior (08/27) 45,024
Calls: 17,259 (38%)
Puts: 27,765 (62%)
Current vs Prior -36.03%
Calls: -71.97% (Calls)
Puts: -13.69% (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 +14.31%
Calls: -48.00%
Puts: +50.78%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 3:55pm) $13.39M
Calls: $5.41M (40%)
Puts: $7.99M (60%)
Prior (08/27) $13.80M
Calls: $9.77M (71%)
Puts: $4.02M (29%)
Current vs Prior -2.92%
Calls: -44.68%
Puts: +98.45%
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 -5.09%
Calls: -38.75%
Puts: +51.13%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 3:55pm) 4.95
Prior (08/27) 1.61
Current vs Prior +207.91%
Prior 7-Day Average 1.78
Current vs Prior 7-Day Avg +177.69%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 3:55pm) 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 0.78% | 2.91%4.33% | 7.98%
Prior 1.70% | 3.28%5.13% | 7.69%
Current vs Prior -54.46% | -11.43%-15.57% | +3.76%
Prior 7-Day Avg 2.27% | 3.89%3.75% | 7.55%
Current vs 7-Day Avg -65.92% | -25.36%+15.54% | +5.69%
Prior 7-Day Eod 1.70% | 3.28%5.13% | 7.69%
Current vs 7-Day Eod -54.46% | -11.43%-15.57% | +3.76%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 234.39% | 38.34%
Calls: 180.21% | 51.27%
Puts: 288.57% | 25.42%
Prior 69.97% | 29.52%
Calls: 48.23% | 25.49%
Puts: 91.72% | 33.55%
Current vs Prior +234.99% | +29.88%
Prior 7-Day Avg 56.82% | 38.14%
Calls: 56.34% | 38.61%
Puts: 57.30% | 37.65%
Current vs 7-Day Avg +312.52% | +0.54%
Liquidity Expensive
+
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🤖 AI Insights

Extreme bearish P/C ratio of 4.95 - heavy put buying. P/C ratio rising 208% - 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
15:55BEARISHBEARISHBEARISH
15:50BEARISHBEARISHBEARISH
15:45BEARISHBEARISHBEARISH
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09:45BULLISHBULLISHBULLISH
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📈 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 44 of results (avg 7.5%, best 2.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.6036.55$36.082.6%10.9916
$150.00Aug 2835.4537.10$36.284.5%--0.9263
$170.00Sep 2516.5517.35$16.954.7%60.8815
$173.00Sep 412.7013.40$13.055.4%--0.9411
$172.50Sep 1814.2515.05$14.655.5%--0.88157
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 413.9014.45$14.183.9%81.00--
$195.00Sep 189.4010.15$9.787.7%--0.82447
$180.00Sep 181.842.00$1.928.3%9870.282.8K
$191.00Sep 45.355.85$5.608.9%--0.8561
$182.50Sep 182.452.69$2.579.3%2000.362.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.94, cheapest $0.94)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$182.00Sep 40.861.02$0.9417.0%320.2626

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 162 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$156.00Aug 2828.4531.75$30.1011.0%31.00403
$157.00Aug 2827.8530.75$29.309.9%161.00210
$157.50Aug 2826.6030.25$28.4312.8%4371.00207
$158.00Aug 2826.9029.75$28.3310.1%4371.00101
$159.00Aug 2825.2528.75$27.0013.0%141.0042
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$197.00Sep 49.2512.95$11.1033.3%51.001
$197.50Sep 49.7513.10$11.4329.3%31.00--
$200.00Sep 413.9014.45$14.183.9%81.00--
$191.00Aug 283.255.90$4.5857.9%60.997
$196.00Sep 48.5010.90$9.7024.7%10.95--

Most actively traded options today. High liquidity = easy entry/exit. 307 active (total vol 11.8K, top 1.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.50Aug 2826.6030.25$28.4312.8%4371.00207
$158.00Aug 2826.9029.75$28.3310.1%4371.00101
$189.00Aug 280.010.20$0.11172.7%1700.09482
$185.00Sep 184.105.20$4.6523.7%890.553.8K
$185.00Aug 280.041.77$0.91190.1%840.71255
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Sep 180.841.15$0.9931.3%1.7K0.167.2K
$180.00Sep 181.842.00$1.928.3%9870.282.8K
$170.00Sep 250.661.26$0.9662.5%7610.1397
$178.00Sep 181.411.55$1.489.5%6330.228.5K
$178.00Sep 110.531.00$0.7761.0%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. 8 strikes (avg 399.6%, max 540.7%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.50Aug 28Oct 2142.6%25.4%460.8%15861
$187.00Aug 28Oct 2125.0%24.1%418.3%56994
$186.00Aug 28Sep 25104.5%20.6%408.4%20140
$185.00Aug 28Oct 295.9%22.3%329.4%84275
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.50Aug 28Sep 18143.5%22.4%540.7%74725
$187.00Aug 28Sep 11126.0%26.9%368.6%104274
$186.00Aug 28Oct 2106.0%23.4%352.6%18696
$185.00Aug 28Sep 2594.6%22.6%317.8%178256

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 151 found (best R:R 4.00, avg 4.58)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$161.00$162.00Aug 28$0.37$0.63$0.37100%1.70$161.37
$180.00$182.00Sep 11$0.85$1.15$0.8576%1.35$180.85
$157.50$158.00Aug 28$0.10$0.40$0.10100%4.00$157.60
$176.00$177.00Aug 28$0.63$0.37$0.63100%0.59$176.63
$195.00$197.00Oct 2$0.15$1.85$0.1527%12.33$195.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$190.00$188.00Sep 25$0.40$1.60$0.4063%4.00$189.60
$190.00$189.00Aug 28$0.19$0.81$0.1991%4.26$189.81
$195.00$192.00Oct 2$1.50$1.50$1.5074%1.00$193.50
$192.50$191.00Sep 18$0.73$0.77$0.7374%1.05$191.77
$190.00$189.00Sep 18$0.30$0.70$0.3065%2.33$189.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 117 found (best R:R 0.74, avg 0.55)

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$2.33$2.33$12.6769%0.18$197.33
$197.00$198.00Oct 2$0.58$0.58$0.4276%1.38$197.58
$199.00$200.00Oct 2$0.51$0.51$0.4980%1.04$199.51
$205.00$210.00Oct 2$0.55$0.55$4.4589%0.12$205.55
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$185.00$184.00Sep 25$0.84$0.84$0.1653%5.25$184.16
$182.00$181.00Sep 11$0.65$0.65$0.3568%1.86$181.35
$179.00$178.00Sep 11$0.51$0.51$0.4977%1.04$178.49
$180.00$179.00Sep 25$0.51$0.51$0.4968%1.04$179.49
$178.00$177.50Sep 25$0.33$0.33$0.1774%1.94$177.67

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 3 found (avg debit $1.77, cheapest $1.83)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$1.88104.5%23.2%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$1.83106.0%23.3%
$185.00Aug 28Sep 4$1.5994.6%21.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 123 found (cheapest 0.52% of stock, avg 5.14%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Aug 28$0.43$0.53$0.96$185.04$186.960.52%
$185.00Aug 28$0.91$0.27$1.18$183.82$186.180.64%
$187.00Aug 28$0.23$1.12$1.35$185.65$188.350.73%
$184.00Aug 28$1.78$0.04$1.82$182.18$185.820.98%
$188.00Aug 28$0.10$2.21$2.31$185.69$190.311.24%
$187.50Aug 28$0.20$2.16$2.36$185.14$189.861.27%
$183.00Aug 28$3.34$0.01$3.35$179.65$186.351.80%
$182.00Aug 28$3.43$0.01$3.44$178.56$185.441.85%
$189.00Aug 28$0.11$3.56$3.67$185.33$192.671.98%
$190.00Aug 28$0.14$3.75$3.89$186.11$193.892.09%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 0.13% of stock, avg 2.75%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$187.50$184.00Aug 28$0.20$0.04$0.24$183.76$187.74
$187.00$184.00Aug 28$0.23$0.04$0.27$183.73$187.27
$187.50$185.00Aug 28$0.20$0.27$0.47$184.53$187.97
$187.00$185.00Aug 28$0.23$0.27$0.50$184.50$187.50
$186.00$184.00Aug 28$0.43$0.04$0.47$183.53$186.47
$186.00$185.00Aug 28$0.43$0.27$0.70$184.30$186.70
$210.00$184.00Aug 28$1.07$0.04$1.11$182.89$211.11
$202.50$184.00Aug 28$1.07$0.04$1.11$182.89$203.61
$187.50$150.00Aug 28$0.20$0.90$1.10$148.90$188.60
$187.00$150.00Aug 28$0.23$0.90$1.13$148.87$188.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 205 found (best R:R 4.88, avg credit $0.63)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
181/182199/200Sep 11$0.83$0.1761%4.88$181.17$199.83
181/182194/195Sep 11$0.89$0.1153%8.09$181.11$194.89
181/182198/198Sep 11$0.82$0.1858%4.56$181.18$198.32
175/176197/198Oct 2$0.86$0.1453%6.14$175.14$197.86
178/179199/200Sep 11$0.69$0.3170%2.23$178.31$199.69
179/180199/200Oct 2$0.89$0.1148%8.09$179.11$199.89
178/179194/195Sep 11$0.75$0.2562%3.00$178.25$194.75
175/176199/200Oct 2$0.79$0.2157%3.76$175.21$199.79
178/179198/198Sep 11$0.68$0.3267%2.12$178.32$198.18
179/180197/198Sep 25$0.85$0.1549%5.67$179.15$197.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 95 found (best R:R 1.72, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$180.00$195.00$210.00Oct 9$5.51$9.4960%1.72
$200.00$205.00$210.00Sep 25$0.09$4.917%54.56
$172.50$175.00$177.50Sep 18$0.05$2.459%49.00
$185.00$186.00$187.00Aug 28$0.28$0.7248%2.57
$195.00$197.50$200.00Sep 18$0.10$2.409%24.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$183.00$184.00$185.00Sep 4$0.05$0.9515%19.00
$170.00$172.00$174.00Oct 2$0.06$1.947%32.33
$183.00$184.00$185.00Sep 18$0.05$0.958%19.00
$183.00$184.00$185.00Aug 28$0.20$0.8030%4.00
$185.00$186.00$187.00Aug 28$0.33$0.6746%2.03

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 148 found (best net $-3.05, 136 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$172.50$179.001:2Sep 11-$3.05$3.45
$183.00$184.001:2Aug 28-$0.22$0.78
$200.00$205.001:2Sep 25-$0.20$4.80
$205.00$210.001:2Sep 25-$0.13$4.87
$205.00$207.501:2Sep 18-$0.02$2.48
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$186.00$180.001:2Oct 2-$0.88$5.12
$187.50$187.001:2Aug 28-$0.08$0.42
$165.00$160.001:2Oct 2-$0.23$4.77
$165.00$160.001:2Sep 25-$0.14$4.86
$169.00$165.001:2Sep 25-$0.22$3.78

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 66 found (best yield 2.50%, avg 0.83%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$187.00Oct 2$4.650.490.7%2.50%3.16%--21
$187.50Oct 2$4.000.480.9%2.15%3.08%--15
$191.00Oct 2$2.850.372.8%1.53%4.34%442
$187.00Sep 25$4.150.470.7%2.23%2.89%--72
$195.00Oct 9$1.730.315.0%0.93%5.89%21
$187.50Sep 25$3.750.460.9%2.02%2.94%--17
$189.00Oct 2$3.100.431.7%1.67%3.40%113
$194.00Oct 2$1.860.304.4%1.00%5.43%84
$191.00Sep 25$2.360.362.8%1.27%4.08%--55
$190.00Oct 2$2.530.402.3%1.36%3.63%218

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 4,838
Total Puts 23,965
Put/Call Ratio 4.95
Net Difference -19,127

Prior's Put/Call Breakdown

Total Calls 17,259
Total Puts 27,765
Put/Call Ratio 1.61
Net Difference -10,506

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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