Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.98 +0.16%
8/31 10:00

Option Volume

Detail
Current (08/31 10:00am) 2,900
Calls: 779 (27%)
Puts: 2,121 (73%)
Prior (08/28) 2,646
Calls: 430 (16%)
Puts: 2,216 (84%)
Current vs Prior +9.60%
Calls: +81.16% (Calls)
Puts: -4.29% (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 -89.07%
Calls: -91.04%
Puts: -88.11%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 10:00am) $684.6K
Calls: $312.0K (46%)
Puts: $372.7K (54%)
Prior (08/28) $416.5K
Calls: $184.8K (44%)
Puts: $231.7K (56%)
Current vs Prior +64.38%
Calls: +68.78%
Puts: +60.86%
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 -95.40%
Calls: -96.50%
Puts: -93.76%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/31 10:00am) 2.72
Prior (08/28) 5.15
Current vs Prior -47.17%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg +17.46%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 10:00am) 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 2.67% | 3.73%4.59% | 7.43%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -8.45% | -14.79%+3.99% | -6.39%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg +11.26% | -5.77%+12.11% | -3.30%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -8.45% | -14.79%+3.99% | -6.39%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 31.02% | 25.20%
Calls: 30.77% | 25.64%
Puts: 31.28% | 24.75%
Prior 39.08% | 58.16%
Calls: 51.27% | 68.72%
Puts: 26.89% | 47.61%
Current vs Prior -20.62% | -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 -44.48% | -36.70%
Liquidity Expensive
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🤖 AI Insights

Elevated premium activity with dollar volume up 64% vs prior. Extreme bearish P/C ratio of 2.72 - heavy put buying. P/C ratio dropping 47% - sentiment shifting bullish. 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
10:00BEARISHBEARISHBEARISH
09:55BEARISHBEARISHBEARISH
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 33 of results (avg 6.1%, best 2.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 1836.0536.95$36.502.5%70.983.9K
$157.00Sep 428.6529.65$29.153.4%121.005
$150.00Sep 435.5536.80$36.173.5%--0.9915
$157.50Sep 428.2029.20$28.703.5%131.006
$149.00Sep 1836.7538.15$37.453.7%--0.98168
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1823.4024.65$24.035.2%71.007
$200.00Sep 1813.6014.75$14.188.1%20.92134
$200.00Oct 213.9015.30$14.609.6%--0.8444
$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. 4 found (avg $0.45, cheapest $0.09)

CALLS (0)
No calls meet the criteria
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$172.50Sep 40.080.09$0.0911.1%190.0342
$171.00Sep 40.060.07$0.0714.3%20.0275
$182.50Sep 40.820.95$0.8914.6%60.2630
$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
$156.00Sep 429.3531.30$30.336.4%--1.0010
$157.50Sep 428.2029.20$28.703.5%131.006
$157.00Sep 428.6529.65$29.153.4%121.005
$158.00Sep 427.6528.80$28.234.1%11.001
$150.00Sep 435.5536.80$36.173.5%--0.9915
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1823.4024.65$24.035.2%71.007
$200.00Sep 1813.6014.75$14.188.1%20.92134
$197.50Sep 1810.9512.45$11.7012.8%--0.88136
$200.00Oct 213.9015.30$14.609.6%--0.8444
$191.00Sep 44.655.95$5.3024.5%--0.8361

Most actively traded options today. High liquidity = easy entry/exit. 82 active (total vol 1.1K, top 132)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$191.00Sep 40.410.53$0.4725.5%1220.172.1K
$190.00Sep 40.600.79$0.7027.1%1120.23187
$196.00Sep 250.981.43$1.2137.2%700.208
$186.00Sep 254.705.00$4.856.2%610.5088
$189.00Sep 40.780.99$0.8923.6%450.2895
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 180.090.19$0.1471.4%1320.022.9K
$150.00Sep 250.110.27$0.1984.2%1300.029
$184.00Sep 41.151.58$1.3731.4%650.3584
$186.00Sep 41.782.44$2.1131.3%630.49141
$172.50Sep 40.080.09$0.0911.1%190.0342

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 12.3%, max 26.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Sep 2531.7%25.0%26.6%189
$183.00Sep 4Sep 2529.1%24.2%20.4%11.4K
$184.00Sep 4Sep 2528.0%23.6%18.3%--675
$185.00Sep 4Oct 227.2%23.3%17.0%--761
$182.50Sep 4Sep 2527.9%24.3%14.9%--233
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 931.7%25.3%25.1%--650
$183.00Sep 4Oct 929.1%24.1%21.1%256
$184.00Sep 4Sep 2528.0%23.6%18.3%65248
$185.00Sep 4Sep 2527.2%23.5%15.6%3446
$186.00Sep 4Sep 2526.4%23.0%14.8%63185

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 149 found (best R:R 0.74, avg 4.99)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$187.00$187.50Oct 2$0.15$0.35$0.1548%2.33$187.15
$180.00$181.00Sep 18$0.65$0.35$0.6573%0.54$180.65
$189.00$190.00Sep 25$0.32$0.68$0.3240%2.13$189.32
$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
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$200.00$180.00Oct 2$11.52$8.48$11.5284%0.74$188.48
$190.00$186.00Sep 25$1.90$2.10$1.9062%1.11$188.10
$186.00$185.00Sep 18$0.30$0.70$0.3049%2.33$185.70
$182.00$181.00Sep 25$0.20$0.80$0.2036%4.00$181.80
$187.50$187.00Sep 11$0.15$0.35$0.1557%2.33$187.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 121 found (best R:R 0.15, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$187.50$189.00Sep 25$0.77$0.77$0.7354%1.05$188.27
$187.50$189.00Oct 2$0.78$0.78$0.7253%1.08$188.28
$193.00$195.00Oct 2$0.66$0.66$1.3469%0.49$193.66
$195.00$196.00Sep 25$0.31$0.31$0.6977%0.45$195.31
$187.50$188.00Sep 4$0.29$0.29$0.2160%1.38$187.79
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$160.00$159.00Sep 4$0.13$0.13$0.8798%0.15$159.87
$178.00$177.50Sep 25$0.23$0.23$0.2774%0.85$177.77
$159.00$157.50Sep 18$0.14$0.14$1.3696%0.10$158.86
$183.00$182.50Sep 4$0.23$0.23$0.2770%0.85$182.77
$177.50$177.00Sep 18$0.17$0.17$0.3379%0.52$177.33

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $1.00, cheapest $0.78)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$184.00Sep 4Sep 11$0.9528.0%23.6%
$185.00Sep 4Sep 11$1.0427.2%23.9%
$186.00Sep 4Sep 11$1.0626.4%23.3%
$187.00Sep 4Sep 11$1.0027.2%24.4%
$187.50Sep 4Sep 18$1.9526.5%24.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$184.00Sep 4Sep 11$0.7828.0%23.6%
$185.00Sep 4Sep 11$0.9127.2%23.9%
$186.00Sep 4Sep 11$0.9226.4%23.3%
$187.00Sep 4Sep 11$0.8127.2%24.4%
$187.50Sep 4Sep 11$0.7526.5%24.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 70 found (cheapest 2.32% of stock, avg 5.09%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Sep 4$2.21$2.11$4.32$181.68$190.322.32%
$187.50Sep 4$1.48$2.88$4.36$183.14$191.862.34%
$188.00Sep 4$1.19$3.20$4.39$183.61$192.392.36%
$187.00Sep 4$1.73$2.67$4.40$182.60$191.402.37%
$185.00Sep 4$2.86$1.71$4.57$180.43$189.572.46%
$189.00Sep 4$0.89$3.88$4.77$184.23$193.772.56%
$184.00Sep 4$3.55$1.37$4.92$179.08$188.922.65%
$190.00Sep 4$0.70$4.60$5.30$184.70$195.302.85%
$183.00Sep 4$4.20$1.12$5.32$177.68$188.322.86%
$182.50Sep 4$4.65$0.89$5.54$176.96$188.042.98%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 0.85% of stock, avg 2.89%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$190.00$182.50Sep 4$0.70$0.89$1.59$180.91$191.59
$189.00$182.50Sep 4$0.89$0.89$1.78$180.72$190.78
$190.00$183.00Sep 4$0.70$1.12$1.82$181.18$191.82
$189.00$183.00Sep 4$0.89$1.12$2.01$180.99$191.01
$188.00$182.50Sep 4$1.19$0.89$2.08$180.42$190.08
$190.00$184.00Sep 4$0.70$1.37$2.07$181.93$192.07
$189.00$184.00Sep 4$0.89$1.37$2.26$181.74$191.26
$188.00$183.00Sep 4$1.19$1.12$2.31$180.69$190.31
$188.00$184.00Sep 4$1.19$1.37$2.56$181.44$190.56
$187.50$182.50Sep 4$1.48$0.89$2.37$180.13$189.87

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 189 found (best R:R 2.57, avg credit $0.45)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
182/183192/192Sep 4$0.36$0.1456%2.57$182.64$192.36
178/178192/192Sep 25$0.39$0.1143%3.55$177.61$192.39
159/160190/191Sep 4$0.36$0.6474%0.56$159.64$190.36
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
159/160192/192Sep 4$0.26$0.7484%0.35$159.74$192.26
182/182192/192Sep 4$0.29$0.2160%1.38$182.21$192.29
180/181191/192Sep 11$0.59$0.4147%1.44$180.41$191.59
176/177190/191Sep 4$0.36$0.6468%0.56$176.64$190.36
176/177192/192Sep 4$0.26$0.7477%0.35$176.74$192.26

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 68 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$202.50$205.00Sep 11$0.07$2.434%34.71
$200.00$205.00$210.00Sep 25$0.24$4.768%19.83
$185.00$186.00$187.00Sep 18$0.06$0.948%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$192.50$195.00$197.50Sep 18$0.09$2.4115%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 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. 121 found (best net $-4.32, 114 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
$195.00$197.501:2Sep 18-$0.13$2.37
$205.00$210.001:2Sep 25-$0.03$4.97
$197.50$200.001:2Sep 18-$0.12$2.38
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Sep 18-$4.33$5.67
$180.00$173.001:2Oct 9-$0.40$6.60
$170.00$165.001:2Oct 2-$0.41$4.59
$155.00$150.001:2Sep 25-$0.08$4.92
$165.00$160.001:2Sep 25-$0.23$4.77

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 0.87%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$187.50Oct 2$4.400.470.8%2.37%3.18%--15
$187.00Oct 2$4.500.480.6%2.42%2.97%--21
$189.00Oct 2$3.700.421.6%1.99%3.61%--14
$190.00Oct 2$3.300.402.2%1.77%3.94%--19
$191.00Oct 2$2.940.372.7%1.58%4.28%--42
$186.00Sep 25$4.700.500.0%2.53%2.54%6188
$193.00Oct 2$2.400.313.8%1.29%5.07%13
$187.00Sep 25$3.900.470.6%2.10%2.65%--72
$187.50Sep 25$3.650.460.8%1.96%2.78%--17
$189.00Sep 25$3.000.411.6%1.61%3.24%--37

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 779
Total Puts 2,121
Put/Call Ratio 2.72
Net Difference -1,342

Prior's Put/Call Breakdown

Total Calls 430
Total Puts 2,216
Put/Call Ratio 5.15
Net Difference -1,786

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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