Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.61 -0.05%
8/31 09:40

Option Volume

Detail
Current (08/31 9:40am) 1,455
Calls: 187 (13%)
Puts: 1,268 (87%)
Prior (08/28) 292
Calls: 135 (46%)
Puts: 157 (54%)
Current vs Prior +398.29%
Calls: +38.52% (Calls)
Puts: +707.64% (Puts)
Prior 7-Day Total 185,703
Calls: 60,881 (33%)
Puts: 124,822 (67%)
Prior 7-Day Average 26,529
Calls: 8,697 (33%)
Puts: 17,831 (67%)
Current vs Prior 7-Day Avg -94.52%
Calls: -97.85%
Puts: -92.89%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 9:40am) $305.9K
Calls: $86.4K (28%)
Puts: $219.5K (72%)
Prior (08/28) $108.4K
Calls: $83.1K (77%)
Puts: $25.3K (23%)
Current vs Prior +182.21%
Calls: +3.94%
Puts: +768.44%
Prior 7-Day Total $104.19M
Calls: $62.38M (60%)
Puts: $41.81M (40%)
Prior 7-Day Average $14.88M
Calls: $8.91M (60%)
Puts: $5.97M (40%)
Current vs Prior 7-Day Avg -97.94%
Calls: -99.03%
Puts: -96.32%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/31 9:40am) 6.78
Prior (08/28) 1.16
Current vs Prior +483.06%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg +192.54%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 9:40am) 743,376
Calls: 267,719 (36%)
Puts: 475,657 (64%)
Prior (08/28) 750,236
Calls: 279,434 (37%)
Puts: 470,802 (63%)
Current vs Prior -0.91%
Prior 7-Day Total 5,246,716
Calls: 1,957,706 (37%)
Puts: 3,289,010 (63%)
Prior 7-Day Average 749,530
Calls: 279,672 (37%)
Puts: 469,858 (63%)
Current vs Prior 7-Day Avg -0.82%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 2.69% | 3.73%4.54% | 7.47%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -7.89% | -14.62%+2.97% | -5.87%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg +11.93% | -5.58%+11.02% | -2.76%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -7.89% | -14.62%+2.97% | -5.87%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 31.12% | 25.20%
Calls: 30.77% | 25.64%
Puts: 31.46% | 24.75%
Prior 39.08% | 58.16%
Calls: 51.27% | 68.72%
Puts: 26.89% | 47.61%
Current vs Prior -20.37% | -56.67%
Prior 7-Day Avg 55.88% | 39.81%
Calls: 57.13% | 38.88%
Puts: 54.63% | 40.74%
Current vs 7-Day Avg -44.30% | -36.70%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 72% put dollar volume ($219.5K). Massive premium surge with dollar volume up 182% vs prior. Unusually high activity with volume up 398% vs prior - elevated interest. Extreme bearish P/C ratio of 6.78 - heavy put buying.

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 NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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
09:40BEARISHBEARISHBEARISH
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 27 of results (avg 6.3%, best 3.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.00Sep 428.6529.65$29.153.4%10.985
$149.00Sep 1836.7538.15$37.453.7%--0.98168
$157.50Sep 428.1529.25$28.703.8%10.986
$150.00Sep 1835.7037.25$36.484.2%--0.983.9K
$152.50Sep 1833.3034.75$34.034.3%--0.98598
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 1813.9014.75$14.335.9%--1.00134
$200.00Oct 213.9015.30$14.609.6%--0.8544

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 92 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 425.4527.30$26.387.0%--0.9922
$150.00Sep 435.4037.30$36.355.2%--0.9915
$156.00Sep 429.3531.30$30.336.4%--0.9810
$149.00Sep 1836.7538.15$37.453.7%--0.98168
$157.50Sep 428.1529.25$28.703.8%10.986
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 1813.9014.75$14.335.9%--1.00134
$197.50Sep 1810.9512.45$11.7012.8%--0.93136
$191.00Sep 44.655.95$5.3024.5%--0.8661
$200.00Oct 213.9015.30$14.609.6%--0.8544
$195.00Sep 189.0510.20$9.6311.9%--0.85447

Most actively traded options today. High liquidity = easy entry/exit. 46 active (total vol 406, top 65)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Sep 40.570.97$0.7751.9%400.24187
$190.00Sep 182.062.29$2.1710.6%150.364.1K
$170.00Sep 2516.5518.05$17.308.7%70.8812
$190.00Sep 111.161.84$1.5045.3%60.31171
$200.00Sep 110.000.29$0.14207.1%60.0578
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 180.050.34$0.20145.0%650.022.9K
$150.00Sep 250.090.38$0.24120.8%650.039
$184.00Sep 41.141.65$1.4036.4%620.3684
$186.00Sep 41.792.46$2.1331.5%610.51141
$181.00Sep 40.620.91$0.7737.7%60.21121

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 27 strikes (avg 16.5%, max 25.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$181.00Sep 4Sep 2531.5%25.2%25.0%--232
$180.00Sep 4Sep 2531.2%25.0%24.6%--89
$182.50Sep 4Sep 2528.8%24.2%19.1%--233
$182.00Sep 4Sep 2528.8%24.3%18.7%--182
$184.00Sep 4Sep 2527.9%23.7%17.9%--675
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$181.00Sep 4Sep 2531.5%25.2%25.0%6344
$180.00Sep 4Oct 931.2%25.3%23.3%--650
$182.00Sep 4Sep 2528.8%24.3%18.7%3288
$182.50Sep 4Oct 928.8%24.3%18.5%540
$184.00Sep 4Sep 2527.9%23.7%17.9%62248

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 138 found (best R:R 0.74, avg 4.76)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$185.00$186.00Sep 18$0.28$0.72$0.2856%2.57$185.28
$190.00$191.00Sep 18$0.21$0.79$0.2136%3.76$190.21
$188.00$189.00Sep 11$0.29$0.71$0.2941%2.45$188.29
$187.00$187.50Oct 2$0.15$0.35$0.1548%2.33$187.15
$186.00$187.00Sep 4$0.38$0.62$0.3850%1.63$186.38
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$200.00$180.00Oct 2$11.52$8.48$11.5285%0.74$188.48
$190.00$186.00Sep 25$1.92$2.08$1.9263%1.08$188.08
$174.00$170.00Oct 2$0.45$3.55$0.4520%7.89$173.55
$165.00$160.00Oct 2$0.19$4.81$0.1910%25.32$164.81
$181.00$180.00Sep 11$0.10$0.90$0.1026%9.00$180.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 113 found (best R:R 2.57, avg 0.41)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$186.00$187.00Sep 18$0.72$0.72$0.2848%2.57$186.72
$189.00$190.00Sep 18$0.53$0.53$0.4760%1.13$189.53
$190.00$191.00Sep 4$0.30$0.30$0.7076%0.43$190.30
$191.00$195.00Oct 2$1.28$1.28$2.7263%0.47$192.28
$195.00$198.00Sep 25$0.60$0.60$2.4077%0.25$195.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$157.00$155.00Sep 4$0.11$0.11$1.8998%0.06$156.89
$171.00$170.00Sep 4$0.11$0.11$0.8996%0.12$170.89
$179.00$178.00Sep 11$0.26$0.26$0.7479%0.35$178.74
$176.00$175.00Sep 18$0.23$0.23$0.7782%0.30$175.77
$177.00$176.00Sep 4$0.13$0.13$0.8791%0.15$176.87

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 13 found (avg debit $0.97, cheapest $0.75)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$184.00Sep 4Sep 11$0.9527.9%23.6%
$188.00Sep 4Sep 11$0.8627.7%23.5%
$187.50Sep 4Sep 18$1.9027.8%23.9%
$186.00Sep 4Sep 11$1.1726.8%23.2%
$187.00Sep 4Sep 11$1.0127.7%24.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$184.00Sep 4Sep 11$0.7527.9%23.6%
$188.00Sep 4Sep 11$0.7827.7%23.5%
$183.00Sep 4Sep 11$0.7828.6%24.6%
$187.50Sep 4Sep 11$0.7527.8%24.1%
$186.00Sep 4Sep 11$0.9026.8%23.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 70 found (cheapest 2.28% of stock, avg 5.10%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Sep 4$2.10$2.13$4.23$181.77$190.232.28%
$187.00Sep 4$1.72$2.67$4.39$182.61$191.392.37%
$187.50Sep 4$1.53$2.88$4.41$183.09$191.912.38%
$185.00Sep 4$2.86$1.71$4.57$180.43$189.572.46%
$188.00Sep 4$1.34$3.22$4.56$183.44$192.562.46%
$189.00Sep 4$1.06$3.88$4.94$184.06$193.942.66%
$184.00Sep 4$3.55$1.40$4.95$179.05$188.952.67%
$183.00Sep 4$4.20$1.12$5.32$177.68$188.322.87%
$190.00Sep 4$0.77$4.60$5.37$184.63$195.372.89%
$182.50Sep 4$4.65$0.99$5.64$176.86$188.143.04%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 1.03% of stock, avg 2.91%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$189.00$182.00Sep 4$1.06$0.85$1.91$180.09$190.91
$189.00$182.50Sep 4$1.06$0.99$2.05$180.45$191.05
$189.00$183.00Sep 4$1.06$1.12$2.18$180.82$191.18
$188.00$182.00Sep 4$1.34$0.85$2.19$179.81$190.19
$188.00$182.50Sep 4$1.34$0.99$2.33$180.17$190.33
$188.00$183.00Sep 4$1.34$1.12$2.46$180.54$190.46
$189.00$184.00Sep 4$1.06$1.40$2.46$181.54$191.46
$188.00$184.00Sep 4$1.34$1.40$2.74$181.26$190.74
$187.50$182.00Sep 4$1.53$0.85$2.38$179.62$189.88
$187.50$182.50Sep 4$1.53$0.99$2.52$179.98$190.02

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 179 found (best R:R 0.69, avg credit $0.47)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
170/171190/191Sep 4$0.41$0.5972%0.69$170.59$190.41
176/177190/191Sep 4$0.43$0.5767%0.75$176.57$190.43
178/179191/192Sep 11$0.57$0.4352%1.33$178.43$191.57
170/171189/190Sep 4$0.40$0.6066%0.67$170.60$189.40
180/181190/191Sep 4$0.51$0.4955%1.04$180.49$190.51
178/179194/195Sep 11$0.40$0.6065%0.67$178.60$194.40
176/177189/190Sep 4$0.42$0.5861%0.72$176.58$189.42
178/178192/192Sep 25$0.30$0.2043%1.50$177.70$192.30
178/178192/193Sep 25$0.29$0.2145%1.38$177.71$192.79
179/180191/192Sep 11$0.52$0.4849%1.08$179.48$191.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 59 found (best R:R 26.78, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$197.50$200.00$202.50Sep 18$0.09$2.417%26.78
$205.00$210.00$215.00Sep 25$0.09$4.913%54.56
$200.00$205.00$210.00Sep 25$0.24$4.769%19.83
$200.00$202.50$205.00Oct 2$0.11$2.397%21.73
$194.00$195.00$196.00Sep 11$0.05$0.955%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$192.50$195.00$197.50Sep 18$0.09$2.4118%26.78
$155.00$160.00$165.00Sep 25$0.07$4.934%70.43
$188.00$189.00$190.00Sep 4$0.06$0.9413%15.67
$188.00$189.00$190.00Sep 11$0.05$0.9510%19.00
$189.00$190.00$191.00Sep 11$0.05$0.9510%19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 123 found (best net $-4.32, 116 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$171.001:2Sep 4-$4.32$6.68
$172.50$179.001:2Sep 11-$2.39$4.11
$191.00$195.001:2Oct 2-$0.72$3.28
$195.00$198.001:2Sep 25-$0.25$2.75
$195.00$197.501:2Sep 18-$0.13$2.37
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$180.00$173.001:2Oct 9-$0.40$6.60
$170.00$165.001:2Oct 2-$0.31$4.69
$165.00$160.001:2Sep 25-$0.23$4.77
$165.00$160.001:2Sep 11-$0.13$4.87
$160.00$155.001:2Sep 25-$0.19$4.81

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 62 found (best yield 2.37%, avg 0.85%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$187.50Oct 2$4.400.471.0%2.37%3.39%--15
$187.00Oct 2$4.500.480.8%2.42%3.17%--21
$189.00Oct 2$3.700.421.8%1.99%3.82%--14
$190.00Oct 2$3.300.402.4%1.78%4.14%--19
$191.00Oct 2$2.900.372.9%1.56%4.47%--42
$186.00Sep 25$4.450.510.2%2.40%2.61%--88
$187.00Sep 25$3.900.470.8%2.10%2.85%--72
$187.50Sep 25$3.650.461.0%1.97%2.98%--17
$189.00Sep 25$3.000.411.8%1.62%3.44%--37
$190.00Sep 25$2.560.382.4%1.38%3.74%--102

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 187
Total Puts 1,268
Put/Call Ratio 6.78
Net Difference -1,081

Prior's Put/Call Breakdown

Total Calls 135
Total Puts 157
Put/Call Ratio 1.16
Net Difference -22

Prior 7-Day Put/Call Summary

Total Calls 60,881
Total Puts 124,822
Average Put/Call Ratio 2.32
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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