Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.77 +0.04%
8/31 11:00

Option Volume

Detail
Current (08/31 11:00am) 6,011
Calls: 1,805 (30%)
Puts: 4,206 (70%)
Prior (08/28) 5,582
Calls: 1,422 (25%)
Puts: 4,160 (75%)
Current vs Prior +7.69%
Calls: +26.93% (Calls)
Puts: +1.11% (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 -77.34%
Calls: -79.25%
Puts: -76.41%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 11:00am) $2.75M
Calls: $1.79M (65%)
Puts: $959.8K (35%)
Prior (08/28) $1.89M
Calls: $1.37M (72%)
Puts: $522.1K (28%)
Current vs Prior +45.38%
Calls: +30.72%
Puts: +83.82%
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 -81.53%
Calls: -79.91%
Puts: -83.93%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31 11:00am) 2.33
Prior (08/28) 2.93
Current vs Prior -20.35%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg +0.53%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 11:00am) 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 2.54% | 3.68%4.49% | 7.44%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -12.95% | -15.92%+1.91% | -6.15%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg +5.78% | -7.02%+9.87% | -3.05%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -12.95% | -15.92%+1.91% | -6.15%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 19.30% | 28.16%
Calls: 13.73% | 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 -50.61% | -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 -65.46% | -29.26%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 65% call dollar volume ($1.79M). Extreme bearish P/C ratio of 2.33 - heavy put buying. P/C ratio dropping 20% - sentiment shifting bullish. 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
11:00BULLISHBEARISHBEARISH
10:55BULLISHBEARISHBEARISH
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 54 of results (avg 5.9%, best 2.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.6036.40$36.002.2%--1.0015
$158.00Sep 427.6528.45$28.052.9%11.001
$169.00Sep 416.8017.30$17.052.9%91.003
$159.00Sep 426.7027.50$27.103.0%681.001
$150.00Sep 1835.8036.95$36.383.2%70.983.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Sep 185.906.15$6.034.1%50.654.9K
$210.00Sep 1823.4024.65$24.035.2%71.007
$193.00Sep 117.457.90$7.685.9%40.842
$200.00Oct 214.1515.05$14.606.2%--0.8544
$197.00Sep 410.8511.65$11.257.1%10.952

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.12, cheapest $0.12)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Sep 40.110.13$0.1216.7%250.04332

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 117 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.6036.40$36.002.2%--1.0015
$155.00Sep 430.3031.45$30.883.7%571.00--
$156.00Sep 429.4030.80$30.104.7%571.0010
$157.00Sep 428.5029.65$29.084.0%261.005
$157.50Sep 428.0029.10$28.553.9%271.006
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1823.4024.65$24.035.2%71.007
$197.00Sep 410.8511.65$11.257.1%10.952
$197.00Sep 1110.5511.70$11.1310.3%30.94--
$200.00Sep 1813.6014.75$14.188.1%20.94134
$194.00Sep 47.058.70$7.8820.9%10.934

Most actively traded options today. High liquidity = easy entry/exit. 172 active (total vol 2.4K, top 282)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Sep 40.460.64$0.5532.7%1700.20187
$191.00Sep 40.310.41$0.3627.8%1240.142.1K
$186.00Sep 254.504.90$4.708.5%720.5088
$160.00Sep 425.5026.60$26.054.2%711.0022
$196.00Sep 251.001.41$1.2133.9%710.208
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Sep 110.090.37$0.23121.7%2820.0423
$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

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 11.7%, max 18.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2528.2%23.9%17.9%--182
$183.00Sep 4Sep 2528.0%23.9%17.5%11.4K
$180.00Sep 4Sep 2529.0%24.8%17.1%289
$181.00Sep 4Sep 2528.9%24.9%16.2%--232
$184.00Sep 4Sep 2526.7%23.3%14.8%--675
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2528.2%23.9%18.2%4288
$181.00Sep 4Oct 228.9%25.0%15.8%12124
$187.00Sep 4Sep 1126.7%23.1%15.7%1322
$184.00Sep 4Sep 2526.7%23.2%15.1%68248
$180.00Sep 4Oct 929.1%25.3%14.9%12650

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 147 found (best R:R 0.69, avg 4.02)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$180.00$181.00Sep 18$0.37$0.63$0.3772%1.70$180.37
$175.00$176.00Sep 4$0.65$0.35$0.6595%0.54$175.65
$180.00$181.00Sep 4$0.55$0.45$0.5585%0.82$180.55
$180.00$183.00Sep 11$1.93$1.07$1.9378%0.55$181.93
$185.00$186.00Sep 18$0.39$0.61$0.3956%1.56$185.39
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
$187.50$187.00Sep 11$0.10$0.40$0.1057%4.00$187.40
$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. 118 found (best R:R 0.82, avg 0.44)

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
$192.50$193.00Sep 18$0.31$0.31$0.1973%1.63$192.81
$189.00$190.00Oct 2$0.56$0.56$0.4458%1.27$189.56
$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
$173.00$172.50Sep 4$0.12$0.12$0.3894%0.32$172.88
$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
$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 $0.84)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.00Sep 4Sep 11$0.9826.7%23.1%
$183.00Sep 4Sep 11$1.2228.0%24.7%
$184.00Sep 4Sep 11$1.1526.7%23.6%
$186.00Sep 4Sep 11$1.2726.1%23.3%
$188.00Sep 4Sep 11$1.0025.5%22.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.00Sep 4Sep 11$0.8426.7%23.1%
$183.00Sep 4Sep 11$0.7828.0%24.7%
$187.50Sep 4Sep 11$0.7026.8%23.5%
$184.00Sep 4Sep 11$0.7826.7%23.6%
$186.00Sep 4Sep 11$0.8626.1%23.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 85 found (cheapest 2.22% of stock, avg 5.25%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Sep 4$1.95$2.17$4.12$181.88$190.122.22%
$185.00Sep 4$2.55$1.71$4.26$180.74$189.262.29%
$187.00Sep 4$1.56$2.69$4.25$182.75$191.252.29%
$187.50Sep 4$1.37$2.93$4.30$183.20$191.802.31%
$188.00Sep 4$1.10$3.30$4.40$183.60$192.402.37%
$184.00Sep 4$3.28$1.37$4.65$179.35$188.652.50%
$189.00Sep 4$0.78$3.90$4.68$184.32$193.682.52%
$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 2.90%)

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$1.10$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$0.78$1.37$2.15$181.85$191.15
$187.50$182.50Sep 4$1.37$0.90$2.27$180.23$189.77
$187.50$182.00Sep 4$1.37$0.84$2.21$179.79$189.71
$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. 172 found (best R:R 2.33, avg credit $0.51)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
179/180191/192Sep 11$0.70$0.3050%2.33$179.30$191.70
175/176191/192Sep 11$0.59$0.4160%1.44$175.41$191.59
180/181191/192Sep 11$0.70$0.3047%2.33$180.30$191.70
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
181/182191/192Sep 11$0.68$0.3243%2.12$181.32$191.68
175/176194/195Sep 25$0.54$0.4654%1.17$175.46$194.54
179/180194/195Sep 11$0.44$0.5663%0.79$179.56$194.44
174/175192/193Sep 18$0.50$0.5057%1.00$174.50$193.00
178/178192/192Sep 25$0.35$0.1543%2.33$177.65$192.35

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 76 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
$200.00$205.00$210.00Sep 25$0.18$4.828%26.78
$184.00$185.00$186.00Sep 11$0.05$0.9510%19.00
$190.00$191.00$192.00Sep 4$0.05$0.9510%19.00
$183.00$184.00$185.00Sep 4$0.07$0.9313%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$0.06$0.9415%15.67
$155.00$160.00$165.00Sep 25$0.11$4.894%44.45
$183.00$184.00$185.00Sep 4$0.09$0.9113%10.11
$181.00$182.00$183.00Sep 11$0.07$0.938%13.29

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, 113 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$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
$202.50$205.001:2Sep 11$0.00$2.50
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Sep 18-$4.33$5.67
$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
$169.00$165.001:2Oct 2-$0.39$3.61

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 66 found (best yield 2.77%, avg 0.88%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$186.00Oct 2$5.150.510.1%2.77%2.90%16
$187.50Oct 2$4.400.470.9%2.37%3.30%--15
$187.00Oct 2$4.500.480.7%2.42%3.08%--21
$189.00Oct 2$3.650.421.7%1.96%3.70%--14
$190.00Oct 2$3.300.392.3%1.78%4.05%--19
$191.00Oct 2$2.930.362.8%1.58%4.39%--42
$186.00Sep 25$4.500.500.1%2.42%2.55%7288
$187.00Sep 25$3.950.470.7%2.13%2.79%572
$193.00Oct 2$2.280.313.9%1.23%5.12%13
$187.50Sep 25$3.650.450.9%1.96%2.90%--17

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 1,805
Total Puts 4,206
Put/Call Ratio 2.33
Net Difference -2,401

Prior's Put/Call Breakdown

Total Calls 1,422
Total Puts 4,160
Put/Call Ratio 2.93
Net Difference -2,738

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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