Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.69 -1.55%
8/28 16:10

Option Volume

Detail
Current (08/28 4:10pm) 28,961
Calls: 4,923 (17%)
Puts: 24,038 (83%)
Prior (08/27) 45,730
Calls: 17,433 (38%)
Puts: 28,297 (62%)
Current vs Prior -36.67%
Calls: -71.76% (Calls)
Puts: -15.05% (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 +14.94%
Calls: -47.08%
Puts: +51.24%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 4:10pm) $13.48M
Calls: $5.44M (40%)
Puts: $8.05M (60%)
Prior (08/27) $14.18M
Calls: $10.05M (71%)
Puts: $4.13M (29%)
Current vs Prior -4.89%
Calls: -45.88%
Puts: +94.90%
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 -4.44%
Calls: -38.38%
Puts: +52.24%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 4:10pm) 4.88
Prior (08/27) 1.62
Current vs Prior +200.82%
Prior 7-Day Average 1.78
Current vs Prior 7-Day Avg +173.73%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 4:10pm) 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 0.57% | 2.87%4.41% | 7.93%
Prior 1.70% | 3.28%5.13% | 7.69%
Current vs Prior +68.34% | +33.24%-14.06% | +3.11%
Prior 7-Day Avg 2.27% | 3.89%3.75% | 7.55%
Current vs 7-Day Avg +25.97% | +12.29%+17.61% | +5.02%
Prior 7-Day Eod 1.70% | 3.28%5.13% | 7.69%
Current vs 7-Day Eod +68.34% | +33.24%-14.06% | +3.11%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 35.29% | 58.16%
Calls: 51.27% | 68.72%
Puts: 19.30% | 47.61%
Prior 69.97% | 29.52%
Calls: 48.23% | 25.49%
Puts: 91.72% | 33.55%
Current vs Prior -49.56% | +97.02%
Prior 7-Day Avg 56.82% | 38.14%
Calls: 56.34% | 38.61%
Puts: 57.30% | 37.65%
Current vs 7-Day Avg -37.89% | +52.51%
Liquidity Expensive
+
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🤖 AI Insights

Extreme bearish P/C ratio of 4.88 - 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 BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
16:10BEARISHBEARISHBEARISH
16:05BEARISHBEARISHBEARISH
16:00BEARISHBEARISHBEARISH
15:55BEARISHBEARISHBEARISH
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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 29 of results (avg 7.3%, best 3.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.4036.55$35.973.2%10.9916
$170.00Sep 2516.5517.35$16.954.7%60.8815
$150.00Aug 2835.2537.10$36.175.1%--0.9263
$154.00Sep 1831.9533.75$32.855.5%--0.9846
$156.00Sep 429.6031.30$30.455.6%--0.9810
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 413.9014.75$14.335.9%81.00--
$195.00Sep 189.4010.15$9.787.7%--0.82447

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%320.2526

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
$196.00Sep 48.5010.90$9.7024.7%11.00--
$197.00Sep 49.2512.95$11.1033.3%51.001
$197.50Sep 49.7513.10$11.4329.3%31.00--
$200.00Sep 413.9014.75$14.335.9%81.00--
$191.00Aug 283.255.90$4.5857.9%60.997

Most actively traded options today. High liquidity = easy entry/exit. 308 active (total vol 11.9K, 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 280.000.19$0.10190.0%1710.09482
$185.00Aug 280.071.21$0.64178.1%961.00255
$185.00Sep 184.405.05$4.7213.8%890.553.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Sep 180.851.10$0.9825.5%1.7K0.167.2K
$180.00Sep 181.742.25$2.0025.5%1.0K0.282.8K
$170.00Sep 250.661.24$0.9561.1%7610.1397
$178.00Sep 181.461.65$1.5612.2%6400.238.5K
$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. 4 strikes (avg 445.1%, max 551.2%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.50Aug 28Oct 2145.0%25.4%470.4%15861
$186.00Aug 28Sep 25106.5%21.1%404.1%20140
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$187.50Aug 28Sep 18145.0%22.3%551.2%74725
$186.00Aug 28Oct 2106.5%23.4%354.6%20096

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 146 found (best R:R 5.67, avg 4.47)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$180.00$181.00Aug 28$0.15$0.85$0.15100%5.67$180.15
$161.00$162.00Aug 28$0.37$0.63$0.37100%1.70$161.37
$183.00$184.00Sep 4$0.25$0.75$0.2572%3.00$183.25
$157.50$158.00Aug 28$0.10$0.40$0.10100%4.00$157.60
$180.00$182.00Sep 11$1.05$0.95$1.0575%0.90$181.05
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$0.29$0.71$0.2991%2.45$189.71
$195.00$192.00Oct 2$1.70$1.30$1.7074%0.76$193.30
$190.00$189.00Sep 18$0.25$0.75$0.2565%3.00$189.75
$192.50$191.00Sep 18$0.73$0.77$0.7374%1.05$191.77

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 116 found (best R:R 0.74, avg 0.62)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$202.50$205.00Aug 28$1.06$1.06$1.4486%0.74$203.56
$195.00$210.00Oct 9$2.33$2.33$12.6769%0.18$197.33
$212.50$215.00Sep 18$0.54$0.54$1.9691%0.28$213.04
$189.00$190.00Sep 4$0.65$0.65$0.3569%1.86$189.65
$197.00$198.00Oct 2$0.58$0.58$0.4276%1.38$197.58
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$182.00$181.00Sep 25$0.82$0.82$0.1862%4.56$181.18
$182.00$181.00Sep 11$0.75$0.75$0.2568%3.00$181.25
$179.00$178.00Sep 11$0.51$0.51$0.4977%1.04$178.49
$185.00$184.00Sep 25$0.73$0.73$0.2753%2.70$184.27
$180.00$179.00Sep 25$0.51$0.51$0.4968%1.04$179.49

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.88, cheapest $1.87)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$1.89106.5%21.6%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Aug 28Sep 4$1.87106.5%21.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 123 found (cheapest 0.36% of stock, avg 5.14%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$185.00Aug 28$0.64$0.03$0.67$184.33$185.670.36%
$186.00Aug 28$0.42$0.41$0.83$185.17$186.830.45%
$187.00Aug 28$0.03$1.72$1.75$185.25$188.750.94%
$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%
$182.50Aug 28$3.34$0.01$3.35$179.15$185.851.80%
$183.00Aug 28$3.34$0.01$3.35$179.65$186.351.80%
$189.00Aug 28$0.10$3.56$3.66$185.34$192.661.97%
$182.00Aug 28$3.85$0.01$3.86$178.14$185.862.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 0.07% of stock, avg 2.75%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$188.00$185.00Aug 28$0.10$0.03$0.13$184.87$188.13
$188.00$184.00Aug 28$0.10$0.04$0.14$183.86$188.14
$187.50$185.00Aug 28$0.20$0.03$0.23$184.77$187.73
$187.50$184.00Aug 28$0.20$0.04$0.24$183.76$187.74
$186.00$185.00Aug 28$0.42$0.03$0.45$184.55$186.45
$186.00$184.00Aug 28$0.42$0.04$0.46$183.54$186.46
$188.00$150.00Aug 28$0.10$0.86$0.96$149.04$188.96
$210.00$185.00Aug 28$1.07$0.03$1.10$183.90$211.10
$202.50$185.00Aug 28$1.07$0.03$1.10$183.90$203.60
$210.00$184.00Aug 28$1.07$0.04$1.11$182.89$211.11

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 202 found (best R:R 7.33, avg credit $0.64)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
178/179189/190Sep 4$0.88$0.1254%7.33$178.12$189.88
178/179198/198Sep 11$0.74$0.2667%2.85$178.26$198.24
172/172189/190Sep 4$0.79$0.2162%3.76$171.71$189.79
175/176197/198Oct 2$0.86$0.1452%6.14$175.14$197.86
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$0.2156%3.76$175.21$199.79
178/179190/191Sep 11$0.88$0.1247%7.33$178.12$190.88
179/180197/198Sep 25$0.85$0.1549%5.67$179.15$197.85
181/182192/194Sep 11$1.13$0.3746%3.05$180.87$193.63

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 90 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
$172.50$175.00$177.50Sep 18$0.05$2.459%49.00
$195.00$197.50$200.00Sep 18$0.10$2.409%24.00
$184.00$185.00$186.00Sep 4$0.06$0.9414%15.67
$188.00$189.00$190.00Sep 11$0.06$0.949%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$184.00$185.00$186.00Sep 4$0.06$0.9414%15.67
$170.00$172.00$174.00Oct 2$0.06$1.947%32.33
$184.00$185.00$186.00Aug 28$0.39$0.6153%1.56
$180.00$181.00$182.00Sep 18$0.05$0.955%19.00
$167.00$167.50$168.00Sep 4$0.06$0.441%7.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 150 found (best net $-3.01, 133 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$172.50$179.001:2Sep 11-$3.01$3.49
$183.00$184.001:2Aug 28-$0.22$0.78
$185.00$186.001:2Aug 28-$0.20$0.80
$200.00$205.001:2Sep 25-$0.25$4.75
$205.00$210.001:2Sep 25-$0.13$4.87
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$186.00$180.001:2Oct 2-$0.88$5.12
$165.00$160.001:2Oct 2-$0.23$4.77
$165.00$160.001:2Sep 25-$0.14$4.86
$189.00$188.001:2Aug 28-$0.86$0.14
$169.00$165.001:2Sep 25-$0.28$3.72

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 66 found (best yield 2.53%, avg 0.83%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$187.00Oct 2$4.700.490.7%2.53%3.24%--21
$187.50Oct 2$4.000.481.0%2.15%3.13%--15
$191.00Oct 2$2.900.372.9%1.56%4.42%642
$195.00Oct 9$1.730.315.0%0.93%5.95%21
$187.50Sep 25$3.750.461.0%2.02%2.99%--17
$187.00Sep 25$3.950.470.7%2.13%2.83%--72
$189.00Oct 2$3.100.431.8%1.67%3.45%113
$194.00Oct 2$1.860.304.5%1.00%5.48%84
$191.00Sep 25$2.360.362.9%1.27%4.13%--55
$190.00Oct 2$2.530.402.3%1.36%3.68%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 4,923
Total Puts 24,038
Put/Call Ratio 4.88
Net Difference -19,115

Prior's Put/Call Breakdown

Total Calls 17,433
Total Puts 28,297
Put/Call Ratio 1.62
Net Difference -10,864

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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