Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.46 -0.12%
8/31 10:25

Option Volume

Detail
Current (08/31 10:25am) 4,065
Calls: 1,257 (31%)
Puts: 2,808 (69%)
Prior (08/28) 3,670
Calls: 1,097 (30%)
Puts: 2,573 (70%)
Current vs Prior +10.76%
Calls: +14.59% (Calls)
Puts: +9.13% (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 -84.68%
Calls: -85.55%
Puts: -84.25%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 10:25am) $1.41M
Calls: $928.2K (66%)
Puts: $486.5K (34%)
Prior (08/28) $1.35M
Calls: $1.03M (77%)
Puts: $313.9K (23%)
Current vs Prior +5.11%
Calls: -10.06%
Puts: +55.00%
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 -90.50%
Calls: -89.58%
Puts: -91.86%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31 10:25am) 2.23
Prior (08/28) 2.35
Current vs Prior -4.76%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg -3.62%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 10:25am) 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 2.53% | 3.68%4.53% | 7.46%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -13.18% | -15.78%+2.81% | -5.99%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg +5.51% | -6.87%+10.85% | -2.89%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -13.18% | -15.78%+2.81% | -5.99%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 23.11% | 28.16%
Calls: 21.34% | 31.58%
Puts: 24.88% | 24.75%
Prior 39.08% | 58.16%
Calls: 51.27% | 68.72%
Puts: 26.89% | 47.61%
Current vs Prior -40.86% | -51.58%
Prior 7-Day Avg 55.88% | 39.81%
Calls: 57.13% | 38.88%
Puts: 54.63% | 40.74%
Current vs 7-Day Avg -58.64% | -29.26%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 66% call dollar volume ($928.2K). Extreme bearish P/C ratio of 2.23 - heavy put buying. Put-heavy open interest (475,657 puts vs 267,719 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
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
10:25BULLISHBEARISHBEARISH
10:20BULLISHBEARISHBEARISH
10:15BULLISHBEARISHBEARISH
10:10BULLISHBEARISHBEARISH
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 37 of results (avg 6.0%, best 3.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 1835.8036.95$36.383.2%70.983.9K
$150.00Sep 435.5036.75$36.133.5%--0.9915
$149.00Sep 1836.7538.15$37.453.7%--0.98168
$157.50Sep 428.0029.10$28.553.9%231.006
$157.00Sep 428.5029.65$29.084.0%221.005
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1823.4024.65$24.035.2%71.007
$197.00Sep 410.8511.65$11.257.1%10.962
$200.00Sep 1813.6014.75$14.188.1%20.96134
$200.00Oct 213.9015.30$14.609.6%--0.8644

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.34, cheapest $0.07)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$171.00Sep 40.060.07$0.0714.3%20.0275
$170.00Sep 180.570.64$0.6111.5%--0.094.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 108 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$156.00Sep 429.3531.30$30.336.4%--1.0010
$157.50Sep 428.0029.10$28.553.9%231.006
$159.00Sep 426.5027.85$27.185.0%341.001
$157.00Sep 428.5029.65$29.084.0%221.005
$158.00Sep 427.3528.65$28.004.6%11.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1823.4024.65$24.035.2%71.007
$197.00Sep 1110.5011.70$11.1010.8%30.98--
$197.00Sep 410.8511.65$11.257.1%10.962
$200.00Sep 1813.6014.75$14.188.1%20.96134
$195.00Sep 118.509.80$9.1514.2%30.961

Most actively traded options today. High liquidity = easy entry/exit. 129 active (total vol 1.6K, top 168)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Sep 40.460.64$0.5532.7%1680.20187
$191.00Sep 40.290.41$0.3534.3%1220.142.1K
$196.00Sep 250.981.43$1.2137.2%700.208
$186.00Sep 254.505.00$4.7510.5%670.5088
$189.00Sep 40.700.88$0.7922.8%460.2695
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%670.3784
$186.00Sep 41.902.44$2.1724.9%650.52141
$172.00Sep 40.060.08$0.0728.6%220.0366

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 25 strikes (avg 11.5%, max 18.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Sep 2529.3%24.8%18.3%289
$181.00Sep 4Sep 2529.0%24.9%16.6%--232
$182.00Sep 4Sep 2527.9%24.0%16.3%--182
$183.00Sep 4Sep 2527.7%23.9%15.8%11.4K
$186.00Sep 4Sep 2526.0%22.9%13.5%72186
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2527.9%24.0%16.3%4288
$180.00Sep 4Oct 929.3%25.3%15.9%--650
$187.00Sep 4Sep 1127.0%23.4%15.2%--322
$181.00Sep 4Oct 229.0%25.5%13.8%10124
$186.00Sep 4Sep 2526.0%22.9%13.5%65185

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 141 found (best R:R 0.71, avg 4.70)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$180.00$181.00Sep 18$0.40$0.60$0.4073%1.50$180.40
$190.00$191.00Sep 18$0.22$0.78$0.2235%3.55$190.22
$187.00$187.50Sep 25$0.13$0.37$0.1347%2.85$187.13
$195.00$196.00Sep 25$0.10$0.90$0.1021%9.00$195.10
$187.00$187.50Oct 2$0.15$0.35$0.1548%2.33$187.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$200.00$181.00Oct 2$11.12$7.88$11.1286%0.71$188.88
$190.00$186.00Sep 25$1.85$2.15$1.8563%1.16$188.15
$182.00$181.00Sep 25$0.20$0.80$0.2037%4.00$181.80
$187.50$187.00Sep 11$0.15$0.35$0.1557%2.33$187.35
$165.00$160.00Oct 2$0.21$4.79$0.219%22.81$164.79

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 116 found (best R:R 1.78, avg 0.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$192.50$193.00Sep 18$0.32$0.32$0.1873%1.78$192.82
$189.00$190.00Sep 18$0.55$0.55$0.4560%1.22$189.55
$194.00$195.00Sep 25$0.38$0.38$0.6275%0.61$194.38
$186.00$187.00Sep 11$0.64$0.64$0.3649%1.78$186.64
$187.50$189.00Sep 25$0.77$0.77$0.7355%1.05$188.27
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$178.00$177.50Sep 25$0.23$0.23$0.2774%0.85$177.77
$175.00$174.00Oct 2$0.30$0.30$0.7078%0.43$174.70
$183.00$182.50Sep 4$0.22$0.22$0.2869%0.79$182.78
$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

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $1.05, cheapest $0.82)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.00Sep 4Sep 11$1.0427.0%23.4%
$183.00Sep 4Sep 11$1.2227.7%24.7%
$186.00Sep 4Sep 11$1.3326.0%23.3%
$184.00Sep 4Sep 11$1.1026.3%23.6%
$188.00Sep 4Sep 11$1.0625.7%23.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.00Sep 4Sep 11$0.8227.0%23.4%
$183.00Sep 4Sep 11$0.7827.7%24.7%
$187.50Sep 4Sep 11$0.7527.1%24.2%
$186.00Sep 4Sep 11$0.8626.0%23.3%
$184.00Sep 4Sep 11$0.7826.3%23.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 80 found (cheapest 2.20% of stock, avg 5.13%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Sep 4$1.91$2.17$4.08$181.92$190.082.20%
$187.00Sep 4$1.56$2.66$4.22$182.78$191.222.28%
$185.00Sep 4$2.53$1.72$4.25$180.75$189.252.29%
$187.50Sep 4$1.38$2.88$4.26$183.24$191.762.30%
$188.00Sep 4$1.10$3.23$4.33$183.67$192.332.33%
$189.00Sep 4$0.79$3.85$4.64$184.36$193.642.50%
$184.00Sep 4$3.40$1.37$4.77$179.23$188.772.57%
$190.00Sep 4$0.55$4.60$5.15$184.85$195.152.78%
$183.00Sep 4$4.08$1.12$5.20$177.80$188.202.80%
$182.50Sep 4$4.50$0.90$5.40$177.10$187.902.91%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 0.88% of stock, avg 2.92%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$189.00$182.00Sep 4$0.79$0.84$1.63$180.37$190.63
$189.00$182.50Sep 4$0.79$0.90$1.69$180.81$190.69
$189.00$183.00Sep 4$0.79$1.12$1.91$181.09$190.91
$188.00$182.00Sep 4$1.10$0.84$1.94$180.06$189.94
$188.00$182.50Sep 4$1.10$0.90$2.00$180.50$190.00
$188.00$183.00Sep 4$1.10$1.12$2.22$180.78$190.22
$189.00$184.00Sep 4$0.79$1.37$2.16$181.84$191.16
$187.50$182.50Sep 4$1.38$0.90$2.28$180.22$189.78
$187.50$182.00Sep 4$1.38$0.84$2.22$179.78$189.72
$188.00$184.00Sep 4$1.10$1.37$2.47$181.53$190.47

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 188 found (best R:R 1.17, avg credit $0.50)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
173/174194/195Sep 25$0.54$0.4657%1.17$173.46$194.54
178/178192/192Sep 25$0.39$0.1143%3.55$177.61$192.39
176/177194/195Sep 25$0.59$0.4151%1.44$176.41$194.59
178/178194/195Sep 25$0.61$0.3949%1.56$177.39$194.61
175/176194/195Sep 25$0.55$0.4554%1.22$175.45$194.55
174/175199/200Oct 2$0.48$0.5261%0.92$174.52$199.48
174/175194/195Sep 11$0.33$0.6774%0.49$174.67$194.33
180/181194/195Sep 11$0.47$0.5359%0.89$180.53$194.47
174/175194/195Sep 25$0.50$0.5056%1.00$174.50$194.50
174/175198/199Oct 2$0.47$0.5359%0.89$174.53$198.47

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 69 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$197.50$200.00$202.50Sep 18$0.06$2.447%40.67
$188.00$189.00$190.00Sep 4$0.07$0.9313%13.29
$205.00$210.00$215.00Sep 25$0.09$4.913%54.56
$200.00$202.50$205.00Oct 2$0.10$2.407%24.00
$187.00$188.00$189.00Sep 11$0.07$0.9310%13.29
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$192.50$195.00$197.50Sep 18$0.05$2.4517%49.00
$167.50$170.00$172.50Sep 18$0.07$2.436%34.71
$184.00$185.00$186.00Sep 4$0.10$0.9015%9.00
$155.00$160.00$165.00Sep 25$0.13$4.874%37.46
$183.00$184.00$185.00Sep 4$0.10$0.9014%9.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 119 found (best net $-4.33, 114 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$162.50$171.001:2Sep 4-$7.15$1.35
$195.00$197.501:2Sep 18-$0.07$2.43
$205.00$210.001:2Sep 25-$0.03$4.97
$197.50$200.001:2Sep 18-$0.15$2.35
$200.00$202.501:2Sep 18-$0.08$2.42
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Sep 18-$4.33$5.67
$180.00$175.001:2Oct 9-$1.00$4.00
$194.00$191.001:2Sep 4-$2.72$0.28
$165.00$160.001:2Sep 25-$0.17$4.83
$169.00$165.001:2Oct 2-$0.33$3.67

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 0.86%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$187.50Oct 2$4.400.471.1%2.37%3.47%--15
$187.00Oct 2$4.500.480.8%2.43%3.26%--21
$189.00Oct 2$3.750.421.9%2.02%3.93%--14
$190.00Oct 2$3.300.402.5%1.78%4.23%--19
$191.00Oct 2$2.940.373.0%1.59%4.57%--42
$186.00Sep 25$4.500.500.3%2.43%2.72%6788
$187.00Sep 25$3.950.470.8%2.13%2.96%572
$193.00Oct 2$2.280.314.1%1.23%5.29%13
$187.50Sep 25$3.650.451.1%1.97%3.07%--17
$189.00Sep 25$3.000.401.9%1.62%3.53%--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 1,257
Total Puts 2,808
Put/Call Ratio 2.23
Net Difference -1,551

Prior's Put/Call Breakdown

Total Calls 1,097
Total Puts 2,573
Put/Call Ratio 2.35
Net Difference -1,476

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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