Tour v526
XLK
State StreetTechSelSectSPDRETF
$186.00 +0.17%
8/31 09:50

Option Volume

Detail
Current (08/31 9:50am) 2,232
Calls: 375 (17%)
Puts: 1,857 (83%)
Prior (08/28) 2,358
Calls: 362 (15%)
Puts: 1,996 (85%)
Current vs Prior -5.34%
Calls: +3.59% (Calls)
Puts: -6.96% (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 -91.59%
Calls: -95.69%
Puts: -89.59%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 9:50am) $526.5K
Calls: $178.0K (34%)
Puts: $348.5K (66%)
Prior (08/28) $323.7K
Calls: $130.8K (40%)
Puts: $192.9K (60%)
Current vs Prior +62.64%
Calls: +36.10%
Puts: +80.64%
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 -96.46%
Calls: -98.00%
Puts: -94.17%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/31 9:50am) 4.95
Prior (08/28) 5.51
Current vs Prior -10.19%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg +113.64%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 9:50am) 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 2.33% | 3.39%4.27% | 7.13%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -20.06% | -22.54%-3.09% | -10.13%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg -2.85% | -14.35%+4.48% | -7.16%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -20.06% | -22.54%-3.09% | -10.13%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 29.09% | 25.52%
Calls: 26.91% | 26.30%
Puts: 31.28% | 24.75%
Prior 39.08% | 58.16%
Calls: 51.27% | 68.72%
Puts: 26.89% | 47.61%
Current vs Prior -25.56% | -56.12%
Prior 7-Day Avg 55.88% | 39.81%
Calls: 57.13% | 38.88%
Puts: 54.63% | 40.74%
Current vs 7-Day Avg -47.94% | -35.90%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 66% put dollar volume ($348.5K). Elevated premium activity with dollar volume up 63% vs prior. Extreme bearish P/C ratio of 4.95 - heavy put buying. Put-heavy open interest (475,657 puts vs 267,719 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 BEARISH
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
09:50BEARISHBEARISHBEARISH
09:45BEARISHBEARISHBEARISH
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 31 of results (avg 6.2%, best 2.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 1836.0536.95$36.502.5%40.973.9K
$157.00Sep 428.6529.65$29.153.4%81.005
$150.00Sep 435.5536.80$36.173.5%--1.0015
$157.50Sep 428.2029.25$28.733.7%91.006
$149.00Sep 1836.7538.15$37.453.7%--0.98168
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1823.0524.80$23.937.3%41.007
$200.00Sep 1813.6014.75$14.188.1%20.91134
$200.00Oct 213.9015.30$14.609.6%--0.8544
$195.00Sep 189.1510.10$9.639.9%--0.81447

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.74, cheapest $0.74)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$172.50Sep 180.680.80$0.7416.2%10.121.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 94 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.5536.80$36.173.5%--1.0015
$156.00Sep 429.3531.30$30.336.4%--1.0010
$157.00Sep 428.6529.65$29.153.4%81.005
$157.50Sep 428.2029.25$28.733.7%91.006
$158.00Sep 427.6528.85$28.254.2%11.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1823.0524.80$23.937.3%41.007
$200.00Sep 1813.6014.75$14.188.1%20.91134
$197.50Sep 1810.9512.45$11.7012.8%--0.88136
$200.00Oct 213.9015.30$14.609.6%--0.8544
$191.00Sep 44.655.95$5.3024.5%--0.8261

Most actively traded options today. High liquidity = easy entry/exit. 67 active (total vol 626, top 70)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$196.00Sep 250.981.43$1.2137.2%700.208
$190.00Sep 40.580.79$0.6930.4%560.23187
$189.00Sep 40.781.06$0.9230.4%440.2995
$191.00Sep 181.652.20$1.9328.5%200.3226
$190.00Sep 182.212.51$2.3612.7%150.364.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$184.00Sep 41.151.58$1.3731.4%650.3584
$150.00Sep 180.090.34$0.22113.6%650.032.9K
$150.00Sep 250.110.38$0.25108.0%650.039
$186.00Sep 41.782.44$2.1131.3%620.49141
$172.50Sep 40.060.13$0.1070.0%140.0342

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 28 strikes (avg 15.1%, max 27.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Sep 2531.7%24.9%27.1%189
$182.50Sep 4Sep 2529.5%24.2%22.3%--233
$182.00Sep 4Sep 2529.4%24.2%21.6%--182
$183.00Sep 4Sep 2529.2%24.2%21.0%11.4K
$184.00Sep 4Sep 2528.1%23.6%19.0%--675
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 931.7%25.3%25.3%--650
$182.00Sep 4Sep 2529.4%24.2%21.6%3288
$183.00Sep 4Oct 929.2%24.1%21.5%256
$182.50Sep 4Oct 929.5%24.3%21.4%640
$184.00Sep 4Sep 2528.1%23.6%19.0%65248

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 144 found (best R:R 0.74, avg 4.61)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$187.00$187.50Oct 2$0.15$0.35$0.1548%2.33$187.15
$187.00$187.50Sep 4$0.13$0.37$0.1344%2.85$187.13
$194.00$195.00Sep 25$0.17$0.83$0.1725%4.88$194.17
$182.50$183.00Sep 25$0.25$0.25$0.2562%1.00$182.75
$188.00$189.00Sep 11$0.32$0.68$0.3241%2.12$188.32
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$1.9262%1.08$188.08
$182.00$181.00Sep 25$0.20$0.80$0.2036%4.00$181.80
$187.50$187.00Sep 11$0.15$0.35$0.1556%2.33$187.35
$172.50$170.00Sep 18$0.12$2.38$0.1212%19.83$172.38

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 114 found (best R:R 0.48, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$191.00$195.00Oct 2$1.30$1.30$2.7063%0.48$192.30
$188.00$189.00Sep 4$0.44$0.44$0.5663%0.79$188.44
$195.00$196.00Sep 25$0.31$0.31$0.6977%0.45$195.31
$190.00$191.00Sep 18$0.43$0.43$0.5764%0.75$190.43
$187.00$188.00Sep 11$0.53$0.53$0.4754%1.13$187.53
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$178.00$177.50Sep 25$0.23$0.23$0.2774%0.85$177.77
$182.00$181.00Sep 4$0.29$0.29$0.7176%0.41$181.71
$177.50$177.00Sep 18$0.17$0.17$0.3379%0.52$177.33
$177.00$176.00Sep 4$0.13$0.13$0.8791%0.15$176.87
$181.00$180.00Sep 25$0.38$0.38$0.6266%0.61$180.62

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $0.97, cheapest $0.78)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$184.00Sep 4Sep 11$0.9528.1%23.6%
$188.00Sep 4Sep 11$0.8427.3%23.5%
$187.50Sep 4Sep 18$1.8128.2%24.5%
$185.00Sep 4Sep 11$1.0427.3%23.9%
$186.00Sep 4Sep 11$1.0426.6%23.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$184.00Sep 4Sep 11$0.7828.1%23.6%
$187.50Sep 4Sep 11$0.7528.2%24.1%
$188.00Sep 4Sep 11$0.7827.3%23.5%
$185.00Sep 4Sep 11$0.9127.3%23.9%
$186.00Sep 4Sep 11$0.9226.6%23.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 70 found (cheapest 2.33% of stock, avg 5.09%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Sep 4$2.23$2.11$4.34$181.66$190.342.33%
$187.00Sep 4$1.75$2.67$4.42$182.58$191.422.38%
$187.50Sep 4$1.62$2.88$4.50$183.00$192.002.42%
$185.00Sep 4$2.86$1.71$4.57$180.43$189.572.46%
$188.00Sep 4$1.36$3.22$4.58$183.42$192.582.46%
$189.00Sep 4$0.92$3.88$4.80$184.20$193.802.58%
$184.00Sep 4$3.55$1.37$4.92$179.08$188.922.65%
$190.00Sep 4$0.69$4.60$5.29$184.71$195.292.84%
$183.00Sep 4$4.20$1.12$5.32$177.68$188.322.86%
$182.50Sep 4$4.65$0.99$5.64$176.86$188.143.03%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 0.90% of stock, avg 2.90%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$190.00$182.50Sep 4$0.69$0.99$1.68$180.82$191.68
$190.00$183.00Sep 4$0.69$1.12$1.81$181.19$191.81
$189.00$182.50Sep 4$0.92$0.99$1.91$180.59$190.91
$189.00$183.00Sep 4$0.92$1.12$2.04$180.96$191.04
$190.00$184.00Sep 4$0.69$1.37$2.06$181.94$192.06
$189.00$184.00Sep 4$0.92$1.37$2.29$181.71$191.29
$188.00$182.50Sep 4$1.36$0.99$2.35$180.15$190.35
$188.00$183.00Sep 4$1.36$1.12$2.48$180.52$190.48
$188.00$184.00Sep 4$1.36$1.37$2.73$181.27$190.73
$191.00$182.00Sep 11$1.24$1.60$2.84$179.16$193.84

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 205 found (best R:R 3.55, avg credit $0.44)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
178/178192/192Sep 25$0.39$0.1143%3.55$177.61$192.39
178/178192/193Sep 25$0.38$0.1245%3.17$177.62$192.88
177/178192/193Sep 18$0.34$0.1652%2.13$177.16$192.84
182/182192/193Sep 4$0.28$0.2261%1.27$182.22$192.78
181/182192/193Sep 4$0.43$0.5764%0.75$181.57$192.93
182/183192/193Sep 4$0.27$0.2358%1.17$182.73$192.77
176/177195/196Sep 25$0.52$0.4854%1.08$176.48$195.52
176/177192/193Sep 4$0.27$0.7378%0.37$176.73$192.77
178/178195/196Sep 25$0.54$0.4651%1.17$177.46$195.54
179/180191/192Sep 11$0.55$0.4550%1.22$179.45$191.55

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 63 found (best R:R 26.78, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$184.00$185.00$186.00Sep 4$0.06$0.9414%15.67
$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
$189.00$190.00$191.00Sep 4$0.07$0.9311%13.29
$200.00$205.00$210.00Sep 25$0.24$4.768%19.83
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$192.50$195.00$197.50Sep 18$0.09$2.4114%26.78
$160.00$165.00$170.00Oct 2$0.15$4.858%32.33
$155.00$160.00$165.00Sep 25$0.07$4.934%70.43
$184.00$185.00$186.00Sep 4$0.06$0.9414%15.67
$188.00$189.00$190.00Sep 4$0.06$0.9414%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. 120 found (best net $-4.32, 115 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-$0.70$3.30
$195.00$197.501:2Sep 18-$0.13$2.37
$205.00$210.001:2Sep 25-$0.03$4.97
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Sep 18-$4.43$5.57
$180.00$173.001:2Oct 9-$0.40$6.60
$170.00$165.001:2Oct 2-$0.41$4.59
$165.00$160.001:2Sep 25-$0.23$4.77
$165.00$160.001:2Oct 2-$0.31$4.69

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 64 found (best yield 2.37%, avg 0.85%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$187.50Oct 2$4.400.470.8%2.37%3.17%--15
$187.00Oct 2$4.500.480.5%2.42%2.96%--21
$189.00Oct 2$3.700.421.6%1.99%3.60%--14
$190.00Oct 2$3.300.402.1%1.77%3.92%--19
$191.00Oct 2$2.940.372.7%1.58%4.27%--42
$186.00Sep 25$4.450.500.0%2.39%2.39%--88
$187.00Sep 25$3.900.470.5%2.10%2.63%--72
$187.50Sep 25$3.650.460.8%1.96%2.77%--17
$189.00Sep 25$3.000.411.6%1.61%3.23%--37
$190.00Sep 25$2.560.372.1%1.38%3.53%--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 375
Total Puts 1,857
Put/Call Ratio 4.95
Net Difference -1,482

Prior's Put/Call Breakdown

Total Calls 362
Total Puts 1,996
Put/Call Ratio 5.51
Net Difference -1,634

Prior 7-Day Put/Call Summary

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

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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