Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.58 -0.06%
8/31 10:50

Option Volume

Detail
Current (08/31 10:50am) 5,422
Calls: 1,611 (30%)
Puts: 3,811 (70%)
Prior (08/28) 4,333
Calls: 1,334 (31%)
Puts: 2,999 (69%)
Current vs Prior +25.13%
Calls: +20.76% (Calls)
Puts: +27.08% (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 -79.56%
Calls: -81.48%
Puts: -78.63%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 10:50am) $2.51M
Calls: $1.57M (63%)
Puts: $937.9K (37%)
Prior (08/28) $1.69M
Calls: $1.32M (78%)
Puts: $365.0K (22%)
Current vs Prior +48.79%
Calls: +18.89%
Puts: +156.97%
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 -83.15%
Calls: -82.39%
Puts: -84.30%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31 10:50am) 2.37
Prior (08/28) 2.25
Current vs Prior +5.23%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg +2.06%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 10:50am) 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 2.53% | 3.68%4.50% | 7.45%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -13.23% | -15.84%+2.01% | -6.05%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg +5.44% | -6.93%+9.98% | -2.95%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -13.23% | -15.84%+2.01% | -6.05%
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

Moderately bullish flow with 63% call dollar volume ($1.57M). Extreme bearish P/C ratio of 2.37 - 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
10:50BULLISHBEARISHBEARISH
10:45BULLISHBEARISHBEARISH
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 46 of results (avg 6.0%, best 3.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.5036.60$36.053.1%--0.9915
$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 (5)
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%10.962
$185.00Sep 183.353.60$3.487.2%10.452.3K
$190.00Sep 185.806.25$6.037.5%50.664.9K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.45, cheapest $0.78)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$189.00Sep 40.710.86$0.7819.2%460.2695
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.440.53$0.4918.4%100.16640
$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%511.0010
$157.00Sep 428.5029.65$29.084.0%251.005
$160.00Sep 425.5526.85$26.205.0%690.9922
$157.50Sep 428.0029.10$28.553.9%260.996
$158.00Sep 427.4028.65$28.034.5%10.991
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1823.4024.65$24.035.2%71.007
$197.00Sep 1110.5511.70$11.1310.3%30.96--
$197.00Sep 410.8511.65$11.257.1%10.962
$200.00Sep 1813.6014.75$14.188.1%20.95134
$196.00Sep 119.6010.70$10.1510.8%40.941

Most actively traded options today. High liquidity = easy entry/exit. 159 active (total vol 2.0K, top 168)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Sep 40.460.64$0.5532.7%1680.20187
$191.00Sep 40.320.41$0.3724.3%1240.152.1K
$186.00Sep 254.504.90$4.708.5%710.5088
$196.00Sep 251.001.41$1.2133.9%710.208
$160.00Sep 425.5526.85$26.205.0%690.9922
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. 26 strikes (avg 11.6%, max 18.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Sep 2529.2%24.7%18.1%289
$182.00Sep 4Sep 2528.1%23.9%17.6%--182
$183.00Sep 4Sep 2527.9%23.8%17.1%11.4K
$181.00Sep 4Sep 2528.8%24.8%16.0%--232
$186.00Sep 4Sep 2526.3%22.8%15.3%76186
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2528.1%23.9%17.6%4288
$187.00Sep 4Sep 1126.8%23.2%15.8%1322
$181.00Sep 4Oct 228.8%24.9%15.6%12124
$180.00Sep 4Oct 929.2%25.3%15.3%10650
$186.00Sep 4Sep 2526.3%22.8%15.3%65185

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 144 found (best R:R 0.69, avg 4.14)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$180.00$181.00Sep 18$0.37$0.63$0.3773%1.70$180.37
$175.00$176.00Sep 4$0.65$0.35$0.6596%0.54$175.65
$180.00$183.00Sep 11$1.98$1.02$1.9878%0.52$181.98
$185.00$186.00Sep 18$0.39$0.61$0.3955%1.56$185.39
$190.00$191.00Sep 18$0.22$0.78$0.2235%3.55$190.22
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$200.00$181.00Oct 2$11.25$7.75$11.2585%0.69$188.75
$190.00$186.00Sep 25$1.85$2.15$1.8563%1.16$188.15
$186.00$185.00Sep 18$0.30$0.70$0.3049%2.33$185.70
$182.00$181.00Sep 25$0.20$0.80$0.2037%4.00$181.80
$169.00$165.00Sep 25$0.18$3.82$0.1811%21.22$168.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 117 found (best R:R 0.82, avg 0.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$191.00$192.00Sep 11$0.45$0.45$0.5573%0.82$191.45
$186.00$187.00Sep 11$0.68$0.68$0.3249%2.13$186.68
$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
$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
$183.00$182.50Sep 4$0.22$0.22$0.2869%0.79$182.78
$177.50$177.00Sep 18$0.17$0.17$0.3378%0.52$177.33
$177.00$176.00Sep 4$0.13$0.13$0.8791%0.15$176.87
$185.00$184.00Sep 11$0.47$0.47$0.5356%0.89$184.53

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $1.03, cheapest $0.79)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.00Sep 4Sep 11$0.9826.8%23.2%
$183.00Sep 4Sep 11$1.2227.9%24.6%
$186.00Sep 4Sep 11$1.2726.3%23.1%
$184.00Sep 4Sep 11$1.0826.5%23.5%
$188.00Sep 4Sep 11$1.0125.6%23.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.00Sep 4Sep 11$0.7926.8%23.2%
$187.50Sep 4Sep 11$0.7527.0%23.6%
$183.00Sep 4Sep 11$0.7827.9%24.6%
$186.00Sep 4Sep 11$0.8626.3%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$191.762.30%
$188.00Sep 4$1.11$3.23$4.34$183.66$192.342.34%
$189.00Sep 4$0.78$3.90$4.68$184.32$193.682.52%
$184.00Sep 4$3.35$1.37$4.72$179.28$188.722.54%
$190.00Sep 4$0.55$4.63$5.18$184.82$195.182.79%
$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 0.87% of stock, avg 2.91%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$189.00$182.00Sep 4$0.78$0.84$1.62$180.38$190.62
$189.00$182.50Sep 4$0.78$0.90$1.68$180.82$190.68
$189.00$183.00Sep 4$0.78$1.12$1.90$181.10$190.90
$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$0.78$1.37$2.15$181.85$191.15
$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. 196 found (best R:R 1.44, avg credit $0.50)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
174/175191/192Sep 11$0.59$0.4161%1.44$174.41$191.59
180/181191/192Sep 11$0.70$0.3046%2.33$180.30$191.70
178/179191/192Sep 11$0.61$0.3953%1.56$178.39$191.61
176/177191/192Sep 11$0.56$0.4458%1.27$176.44$191.56
182/183191/192Sep 11$0.75$0.2538%3.00$182.25$191.75
179/180191/192Sep 11$0.61$0.3950%1.56$179.39$191.61
181/182191/192Sep 11$0.68$0.3243%2.12$181.32$191.68
174/175194/195Sep 11$0.35$0.6574%0.54$174.65$194.35
176/177194/195Sep 4$0.23$0.7784%0.30$176.77$194.23
176/177194/195Sep 25$0.55$0.4552%1.22$176.45$194.55

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 74 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
$184.00$185.00$186.00Sep 11$0.05$0.9510%19.00
$205.00$210.00$215.00Sep 25$0.09$4.913%54.56
$190.00$191.00$192.00Sep 4$0.06$0.949%15.67
$200.00$202.50$205.00Oct 2$0.10$2.407%24.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$192.50$195.00$197.50Sep 18$0.05$2.4516%49.00
$188.00$189.00$190.00Sep 4$0.06$0.9414%15.67
$185.00$186.00$187.00Sep 4$0.07$0.9315%13.29
$155.00$160.00$165.00Sep 25$0.11$4.894%44.45
$184.00$185.00$186.00Sep 4$0.10$0.9015%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. 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-$0.19$4.81
$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. 65 found (best yield 2.37%, avg 0.85%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$187.50Oct 2$4.400.471.0%2.37%3.41%--15
$187.00Oct 2$4.500.480.8%2.42%3.19%--21
$189.00Oct 2$3.650.421.8%1.97%3.81%--14
$190.00Oct 2$3.300.402.4%1.78%4.16%--19
$191.00Oct 2$2.930.362.9%1.58%4.50%--42
$186.00Sep 25$4.500.500.2%2.42%2.65%7188
$187.00Sep 25$3.950.470.8%2.13%2.89%572
$193.00Oct 2$2.280.314.0%1.23%5.23%13
$187.50Sep 25$3.650.451.0%1.97%3.00%--17
$189.00Sep 25$3.000.401.8%1.62%3.46%--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 1,611
Total Puts 3,811
Put/Call Ratio 2.37
Net Difference -2,200

Prior's Put/Call Breakdown

Total Calls 1,334
Total Puts 2,999
Put/Call Ratio 2.25
Net Difference -1,665

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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