Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.54 -0.08%
8/31 12:15

Option Volume

Detail
Current (08/31 12:15pm) 10,142
Calls: 4,239 (42%)
Puts: 5,903 (58%)
Prior (08/28) 19,580
Calls: 3,208 (16%)
Puts: 16,372 (84%)
Current vs Prior -48.20%
Calls: +32.14% (Calls)
Puts: -63.94% (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 -61.77%
Calls: -51.26%
Puts: -66.90%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 12:15pm) $9.48M
Calls: $8.16M (86%)
Puts: $1.32M (14%)
Prior (08/28) $6.50M
Calls: $4.60M (71%)
Puts: $1.90M (29%)
Current vs Prior +45.78%
Calls: +77.31%
Puts: -30.42%
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 -36.29%
Calls: -8.44%
Puts: -77.83%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31 12:15pm) 1.39
Prior (08/28) 5.10
Current vs Prior -72.71%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg -39.92%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 12:15pm) 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 2.48% | 3.61%4.44% | 7.36%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -14.87% | -17.42%+0.57% | -7.25%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg +3.45% | -8.68%+8.43% | -4.19%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -14.87% | -17.42%+0.57% | -7.25%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 19.36% | 23.84%
Calls: 22.04% | 26.17%
Puts: 16.67% | 21.50%
Prior 39.08% | 58.16%
Calls: 51.27% | 68.72%
Puts: 26.89% | 47.61%
Current vs Prior -50.46% | -59.01%
Prior 7-Day Avg 55.88% | 39.81%
Calls: 57.13% | 38.88%
Puts: 54.63% | 40.74%
Current vs 7-Day Avg -65.35% | -40.12%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($8.16M) vs puts ($1.32M). Below-average activity with volume down 48% vs prior. Bearish P/C ratio of 1.39 indicates protective positioning. P/C ratio dropping 73% - sentiment shifting bullish.

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
12:15BULLISHBEARISHBEARISH
12:10BULLISHBEARISHBEARISH
12:05BULLISHBEARISHBEARISH
12:00BULLISHBEARISHBEARISH
11:55BULLISHBEARISHBEARISH
11:50BULLISHBEARISHBEARISH
11:45BULLISHBEARISHBEARISH
11:40BULLISHBEARISHBEARISH
11:35BULLISHBEARISHBEARISH
11:30BULLISHBEARISHBEARISH
11:25BULLISHBEARISHBEARISH
11:20BULLISHBEARISHBEARISH
11:15BULLISHBEARISHBEARISH
11:05BULLISHBEARISHBEARISH
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 70 of results (avg 6.3%, best 2.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.3036.20$35.752.5%60.9915
$165.00Sep 420.3520.95$20.652.9%670.975
$167.00Sep 418.3518.90$18.633.0%370.972
$160.00Sep 1825.8026.65$26.233.2%60.97682
$165.00Sep 1821.0521.75$21.403.3%--0.951.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 189.7510.30$10.035.5%--0.84447
$197.50Sep 1811.7012.40$12.055.8%--0.90136
$210.00Sep 1823.4024.80$24.105.8%71.007
$192.50Sep 187.658.15$7.906.3%30.76341
$186.00Sep 254.454.75$4.606.5%--0.5144

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.75, cheapest $0.29)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$191.00Sep 40.260.31$0.2917.2%1300.132.1K
$192.50Sep 110.550.65$0.6016.7%--0.1786
$195.00Sep 180.750.88$0.8215.9%40.172.4K
$194.00Sep 180.871.00$0.9413.8%--0.1942
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$179.00Sep 110.891.07$0.9818.4%390.2018
$170.00Sep 250.820.96$0.8915.7%60.12797

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 123 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$156.00Sep 429.3030.45$29.883.8%2871.0010
$157.00Sep 428.3029.55$28.934.3%660.995
$158.00Sep 427.3028.45$27.884.1%50.991
$160.00Sep 425.3026.50$25.904.6%750.9922
$157.50Sep 427.8029.00$28.404.2%470.996
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1823.4024.80$24.105.8%71.007
$197.00Sep 1110.5511.90$11.2312.0%30.97--
$197.00Sep 410.8511.95$11.409.6%10.952
$196.00Sep 119.7010.90$10.3011.7%40.941
$200.00Sep 1813.7014.85$14.278.1%20.94134

Most actively traded options today. High liquidity = easy entry/exit. 222 active (total vol 4.6K, top 449)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 110.200.37$0.2958.6%3630.092.1K
$156.00Sep 429.3030.45$29.883.8%2871.0010
$155.00Sep 430.3031.35$30.833.4%2730.99--
$190.00Sep 40.410.51$0.4621.7%1710.18187
$191.00Sep 40.260.31$0.2917.2%1300.132.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$168.00Sep 110.120.26$0.1973.7%4490.048
$165.00Sep 110.100.22$0.1675.0%2860.0323
$150.00Sep 250.120.27$0.2075.0%1340.029
$150.00Sep 180.090.16$0.1353.8%1330.022.9K
$184.00Sep 41.151.51$1.3327.1%680.3784

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 23 strikes (avg 12.1%, max 20.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2528.2%23.4%20.1%--182
$183.00Sep 4Sep 2527.7%23.4%18.6%71.4K
$181.00Sep 4Sep 2528.6%24.4%17.0%--232
$180.00Sep 4Sep 2528.4%24.2%16.9%289
$182.50Sep 4Sep 2526.8%23.4%14.6%--233
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2528.2%23.4%20.1%5288
$180.00Sep 4Oct 928.4%24.8%14.5%13650
$185.00Sep 4Sep 2525.8%22.6%14.4%7446
$181.00Sep 4Oct 228.6%25.0%14.3%21124
$183.00Sep 4Oct 927.7%24.3%14.1%556

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 154 found (best R:R 0.67, avg 4.63)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$180.00$181.00Sep 18$0.35$0.65$0.3572%1.86$180.35
$185.00$186.00Oct 2$0.29$0.71$0.2954%2.45$185.29
$180.00$181.00Sep 4$0.63$0.37$0.6385%0.59$180.63
$185.00$186.00Sep 18$0.32$0.68$0.3254%2.13$185.32
$167.00$167.50Sep 4$0.33$0.17$0.3397%0.52$167.33
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$200.00$181.00Oct 2$11.35$7.65$11.3586%0.67$188.65
$191.00$190.00Sep 4$0.58$0.42$0.5888%0.72$190.42
$191.00$190.00Sep 11$0.47$0.53$0.4775%1.13$190.53
$190.00$186.00Sep 25$2.13$1.87$2.1364%0.88$187.87
$184.00$183.00Sep 11$0.20$0.80$0.2040%4.00$183.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 123 found (best R:R 2.57, avg 0.46)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$188.00$189.00Oct 2$0.72$0.72$0.2855%2.57$188.72
$186.00$187.00Sep 11$0.76$0.76$0.2450%3.17$186.76
$187.50$188.00Sep 25$0.40$0.40$0.1056%4.00$187.90
$189.00$190.00Sep 18$0.53$0.53$0.4762%1.13$189.53
$191.00$192.00Sep 11$0.38$0.38$0.6274%0.61$191.38
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$178.00$177.50Sep 25$0.23$0.23$0.2774%0.85$177.77
$181.00$180.00Sep 25$0.39$0.39$0.6166%0.64$180.61
$183.00$182.50Sep 4$0.21$0.21$0.2969%0.72$182.79
$176.00$175.00Sep 25$0.26$0.26$0.7478%0.35$175.74
$172.00$171.00Sep 11$0.11$0.11$0.8992%0.12$171.89

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $1.03, cheapest $0.70)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$188.00Sep 4Sep 11$0.8925.0%22.1%
$183.00Sep 4Sep 11$1.0527.7%24.8%
$187.00Sep 4Sep 11$0.9225.1%22.4%
$184.00Sep 4Sep 11$1.1825.8%23.2%
$185.00Sep 4Sep 11$1.1825.8%23.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$188.00Sep 4Sep 11$0.7025.0%22.1%
$183.00Sep 4Sep 11$0.8827.7%24.8%
$187.50Sep 4Sep 11$0.8226.1%23.4%
$187.00Sep 4Sep 11$0.8525.1%22.4%
$184.00Sep 4Sep 11$0.8725.8%23.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 90 found (cheapest 2.16% of stock, avg 5.33%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Sep 4$1.85$2.16$4.01$181.99$190.012.16%
$187.00Sep 4$1.37$2.70$4.07$182.93$191.072.19%
$185.00Sep 4$2.45$1.75$4.20$180.80$189.202.26%
$187.50Sep 4$1.26$3.03$4.29$183.21$191.792.31%
$184.00Sep 4$3.02$1.33$4.35$179.65$188.352.34%
$188.00Sep 4$1.01$3.35$4.36$183.64$192.362.35%
$189.00Sep 4$0.72$4.05$4.77$184.23$193.772.57%
$183.00Sep 4$3.80$1.12$4.92$178.08$187.922.65%
$182.50Sep 4$4.13$0.91$5.04$177.46$187.542.72%
$190.00Sep 4$0.46$4.95$5.41$184.59$195.412.92%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 0.85% of stock, avg 2.86%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$189.00$182.00Sep 4$0.72$0.86$1.58$180.42$190.58
$189.00$182.50Sep 4$0.72$0.91$1.63$180.87$190.63
$189.00$183.00Sep 4$0.72$1.12$1.84$181.16$190.84
$188.00$182.50Sep 4$1.01$0.91$1.92$180.58$189.92
$188.00$182.00Sep 4$1.01$0.86$1.87$180.13$189.87
$188.00$183.00Sep 4$1.01$1.12$2.13$180.87$190.13
$189.00$184.00Sep 4$0.72$1.33$2.05$181.95$191.05
$187.50$182.00Sep 4$1.26$0.86$2.12$179.88$189.62
$187.50$182.50Sep 4$1.26$0.91$2.17$180.33$189.67
$188.00$184.00Sep 4$1.01$1.33$2.34$181.66$190.34

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 170 found (best R:R 1.70, avg credit $0.45)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
175/176194/195Sep 25$0.63$0.3754%1.70$175.37$194.63
171/172191/192Sep 11$0.49$0.5167%0.96$171.51$191.49
180/181191/192Sep 11$0.67$0.3347%2.03$180.33$191.67
169/170194/195Sep 25$0.50$0.5064%1.00$169.50$194.50
171/172189/190Sep 11$0.55$0.4558%1.22$171.45$189.55
180/181189/190Sep 11$0.73$0.2738%2.70$180.27$189.73
178/179191/192Sep 11$0.56$0.4454%1.27$178.44$191.56
178/178194/195Sep 25$0.60$0.4049%1.50$177.40$194.60
174/175194/195Sep 25$0.53$0.4756%1.13$174.47$194.53
172/173194/195Sep 25$0.49$0.5159%0.96$172.51$194.49

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 80 found (best R:R 34.71, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$200.00$202.50$205.00Oct 2$0.07$2.436%34.71
$167.50$170.00$172.50Sep 18$0.06$2.445%40.67
$205.00$210.00$215.00Sep 25$0.09$4.913%54.56
$190.00$191.00$192.00Sep 4$0.07$0.939%13.29
$189.00$190.00$191.00Sep 4$0.09$0.9112%10.11
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$155.00$160.00$165.00Sep 25$0.11$4.894%44.45
$185.00$186.00$187.00Sep 11$0.08$0.9211%11.50
$180.00$181.00$182.00Sep 18$0.06$0.946%15.67
$173.00$174.00$175.00Sep 18$0.05$0.953%19.00
$183.00$184.00$185.00Sep 25$0.07$0.937%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. 135 found (best net $-4.44, 127 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$195.00$197.501:2Sep 18-$0.16$2.34
$205.00$210.001:2Sep 25-$0.03$4.97
$200.00$202.501:2Sep 18-$0.08$2.42
$210.00$215.001:2Sep 25-$0.09$4.91
$197.50$200.001:2Sep 18-$0.19$2.31
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Sep 18-$4.44$5.56
$165.00$160.001:2Sep 25-$0.19$4.81
$155.00$150.001:2Sep 25-$0.10$4.90
$164.00$160.001:2Sep 11-$0.08$3.92
$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. 72 found (best yield 2.67%, avg 0.83%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$186.00Oct 2$4.950.500.2%2.67%2.92%16
$187.00Oct 2$4.450.480.8%2.40%3.19%--21
$187.50Oct 2$4.250.461.1%2.29%3.35%115
$188.00Oct 2$3.950.451.3%2.13%3.45%12
$189.00Oct 2$3.500.411.9%1.89%3.75%--14
$190.00Oct 2$3.150.382.4%1.70%4.10%--19
$191.00Oct 2$2.760.362.9%1.49%4.43%--42
$186.00Sep 25$4.250.490.2%2.29%2.54%7288
$187.50Sep 25$3.600.441.1%1.94%3.00%--17
$187.00Sep 25$3.750.460.8%2.02%2.81%672

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 4,239
Total Puts 5,903
Put/Call Ratio 1.39
Net Difference -1,664

Prior's Put/Call Breakdown

Total Calls 3,208
Total Puts 16,372
Put/Call Ratio 5.10
Net Difference -13,164

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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