Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.73 +0.02%
8/31 10:40

Option Volume

Detail
Current (08/31 10:40am) 5,196
Calls: 1,453 (28%)
Puts: 3,743 (72%)
Prior (08/28) 3,993
Calls: 1,222 (31%)
Puts: 2,771 (69%)
Current vs Prior +30.13%
Calls: +18.90% (Calls)
Puts: +35.08% (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 -80.41%
Calls: -83.29%
Puts: -79.01%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 10:40am) $2.09M
Calls: $1.16M (56%)
Puts: $928.7K (44%)
Prior (08/28) $1.53M
Calls: $1.18M (77%)
Puts: $347.7K (23%)
Current vs Prior +36.72%
Calls: -1.71%
Puts: +167.13%
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 -85.97%
Calls: -86.98%
Puts: -84.45%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31 10:40am) 2.58
Prior (08/28) 2.27
Current vs Prior +13.60%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg +11.14%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 10:40am) 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 2.53% | 3.68%4.53% | 7.45%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -13.30% | -15.90%+2.66% | -6.13%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg +5.36% | -7.00%+10.68% | -3.03%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -13.30% | -15.90%+2.66% | -6.13%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 19.95% | 28.16%
Calls: 15.02% | 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 -48.95% | -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 -64.30% | -29.26%
Liquidity Expensive
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🤖 AI Insights

Extreme bearish P/C ratio of 2.58 - 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
10:40BULLISHBEARISHBEARISH
10:35BULLISHBEARISHBEARISH
10:30BULLISHBEARISHBEARISH
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 44 of results (avg 6.2%, best 3.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.5036.60$36.053.1%--0.9815
$150.00Sep 1835.8036.95$36.383.2%70.983.9K
$149.00Sep 1836.7538.15$37.453.7%--0.98168
$162.00Sep 423.5024.40$23.953.8%410.98--
$157.50Sep 428.0029.10$28.553.9%260.996
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1823.4024.65$24.035.2%71.007
$200.00Oct 214.1515.05$14.606.2%--0.8544
$197.00Sep 410.8511.65$11.257.1%10.942
$200.00Sep 1813.6014.75$14.188.1%20.94134

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.43, cheapest $0.79)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$189.00Sep 40.720.86$0.7917.7%460.2695
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$171.00Sep 40.060.07$0.0714.3%20.0275

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 112 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$156.00Sep 429.4030.80$30.104.7%31.0010
$157.00Sep 428.5029.65$29.084.0%250.995
$157.50Sep 428.0029.10$28.553.9%260.996
$158.00Sep 427.4028.65$28.034.5%10.991
$159.00Sep 426.5027.75$27.134.6%510.991
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1823.4024.65$24.035.2%71.007
$197.00Sep 1110.5011.75$11.1311.2%30.95--
$200.00Sep 1813.6014.75$14.188.1%20.94134
$197.00Sep 410.8511.65$11.257.1%10.942
$196.00Sep 119.5510.75$10.1511.8%40.931

Most actively traded options today. High liquidity = easy entry/exit. 149 active (total vol 1.8K, top 168)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Sep 40.460.64$0.5532.7%1680.20187
$191.00Sep 40.310.41$0.3627.8%1230.142.1K
$186.00Sep 254.504.90$4.708.5%700.5088
$196.00Sep 250.981.43$1.2137.2%700.208
$195.00Sep 110.220.40$0.3158.1%610.102.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 180.090.16$0.1353.8%1330.022.9K
$150.00Sep 250.120.27$0.2075.0%1300.029
$184.00Sep 41.171.56$1.3728.5%680.3784
$186.00Sep 41.902.44$2.1724.9%650.52141
$157.00Sep 40.010.03$0.02100.0%320.01132

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 11.8%, max 19.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Sep 2529.5%24.7%19.3%289
$182.00Sep 4Sep 2528.0%23.9%17.5%--182
$183.00Sep 4Sep 2527.9%23.8%17.1%11.4K
$181.00Sep 4Sep 2528.8%24.8%15.9%--232
$186.00Sep 4Sep 2526.2%22.8%15.3%75186
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2528.0%23.9%17.5%4288
$180.00Sep 4Oct 929.5%25.3%16.5%5650
$186.00Sep 4Sep 2526.2%22.8%15.3%65185
$184.00Sep 4Sep 2526.5%23.2%14.3%68248
$183.00Sep 4Oct 927.9%24.5%13.8%356

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 144 found (best R:R 0.71, avg 4.08)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$180.00$181.00Sep 18$0.40$0.60$0.4073%1.50$180.40
$175.00$176.00Sep 4$0.65$0.35$0.6596%0.54$175.65
$180.00$183.00Sep 11$1.98$1.02$1.9877%0.52$181.98
$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
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$200.00$181.00Oct 2$11.12$7.88$11.1285%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
$186.00$185.00Sep 18$0.33$0.67$0.3349%2.03$185.67
$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. 116 found (best R:R 0.79, avg 0.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$191.00$192.00Sep 11$0.44$0.44$0.5673%0.79$191.44
$189.00$190.00Sep 18$0.55$0.55$0.4560%1.22$189.55
$192.50$193.00Sep 18$0.29$0.29$0.2174%1.38$192.79
$194.00$195.00Sep 25$0.38$0.38$0.6275%0.61$194.38
$186.00$187.00Sep 11$0.62$0.62$0.3849%1.63$186.62
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$178.00$177.50Sep 25$0.23$0.23$0.2774%0.85$177.77
$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
$181.00$180.00Oct 2$0.40$0.40$0.6065%0.67$180.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $1.04, cheapest $0.75)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$183.00Sep 4Sep 11$1.2227.9%24.6%
$187.00Sep 4Sep 11$1.0426.8%23.6%
$186.00Sep 4Sep 11$1.2726.2%23.1%
$184.00Sep 4Sep 11$1.1026.5%23.5%
$187.50Sep 4Sep 18$2.0226.9%24.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.50Sep 4Sep 11$0.7526.9%23.6%
$183.00Sep 4Sep 11$0.7827.9%24.6%
$187.00Sep 4Sep 11$0.7926.8%23.6%
$186.00Sep 4Sep 11$0.8626.2%23.1%
$184.00Sep 4Sep 11$0.7826.5%23.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 81 found (cheapest 2.22% of stock, avg 5.11%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Sep 4$1.95$2.17$4.12$181.88$190.122.22%
$185.00Sep 4$2.53$1.72$4.25$180.75$189.252.29%
$187.00Sep 4$1.56$2.69$4.25$182.75$191.252.29%
$187.50Sep 4$1.38$2.88$4.26$183.24$191.762.29%
$188.00Sep 4$1.11$3.23$4.34$183.66$192.342.34%
$189.00Sep 4$0.79$3.90$4.69$184.31$193.692.53%
$184.00Sep 4$3.35$1.37$4.72$179.28$188.722.54%
$190.00Sep 4$0.55$4.58$5.13$184.87$195.132.76%
$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 2.91%)

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$1.11$0.84$1.95$180.05$189.95
$188.00$182.50Sep 4$1.11$0.90$2.01$180.49$190.01
$188.00$183.00Sep 4$1.11$1.12$2.23$180.77$190.23
$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$1.11$1.37$2.48$181.52$190.48

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 191 found (best R:R 1.27, avg credit $0.50)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
174/175191/192Sep 11$0.56$0.4462%1.27$174.44$191.56
180/181191/192Sep 11$0.67$0.3347%2.03$180.33$191.67
178/179191/192Sep 11$0.60$0.4053%1.50$178.40$191.60
176/177191/192Sep 11$0.55$0.4558%1.22$176.45$191.55
182/183191/192Sep 11$0.74$0.2638%2.85$182.26$191.74
179/180191/192Sep 11$0.62$0.3850%1.63$179.38$191.62
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$0.4152%1.44$176.41$194.59
178/178194/195Sep 25$0.61$0.3949%1.56$177.39$194.61

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 73 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
$205.00$210.00$215.00Sep 25$0.09$4.913%54.56
$188.00$189.00$190.00Sep 4$0.08$0.9213%11.50
$200.00$202.50$205.00Oct 2$0.10$2.407%24.00
$184.00$185.00$186.00Sep 11$0.07$0.9310%13.29
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$192.50$195.00$197.50Sep 18$0.05$2.4516%49.00
$185.00$186.00$187.00Sep 4$0.07$0.9315%13.29
$179.00$180.00$181.00Sep 11$0.05$0.957%19.00
$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

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 118 found (best net $-4.33, 113 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$162.50$171.001:2Sep 4-$7.22$1.28
$195.00$197.501:2Sep 18-$0.08$2.42
$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
$165.00$160.001:2Sep 25-$0.17$4.83
$155.00$150.001:2Sep 25-$0.10$4.90
$165.00$160.001:2Oct 2-$0.32$4.68

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$4.400.470.9%2.37%3.32%--15
$189.00Oct 2$3.750.421.8%2.02%3.78%--14
$187.00Oct 2$4.500.480.7%2.42%3.11%--21
$190.00Oct 2$3.300.402.3%1.78%4.08%--19
$191.00Oct 2$2.940.362.8%1.58%4.42%--42
$186.00Sep 25$4.500.500.1%2.42%2.57%7088
$187.00Sep 25$3.950.470.7%2.13%2.81%572
$193.00Oct 2$2.280.313.9%1.23%5.14%13
$187.50Sep 25$3.650.450.9%1.97%2.92%--17
$189.00Sep 25$3.000.401.8%1.62%3.38%--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 1,453
Total Puts 3,743
Put/Call Ratio 2.58
Net Difference -2,290

Prior's Put/Call Breakdown

Total Calls 1,222
Total Puts 2,771
Put/Call Ratio 2.27
Net Difference -1,549

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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