Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.59 -0.05%
8/31 12:20

Option Volume

Detail
Current (08/31 12:20pm) 10,208
Calls: 4,268 (42%)
Puts: 5,940 (58%)
Prior (08/28) 20,267
Calls: 3,266 (16%)
Puts: 17,001 (84%)
Current vs Prior -49.63%
Calls: +30.68% (Calls)
Puts: -65.06% (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 -61.52%
Calls: -50.93%
Puts: -66.69%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 12:20pm) $9.54M
Calls: $8.20M (86%)
Puts: $1.34M (14%)
Prior (08/28) $6.55M
Calls: $4.56M (70%)
Puts: $1.99M (30%)
Current vs Prior +45.68%
Calls: +80.03%
Puts: -32.82%
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 -35.90%
Calls: -7.95%
Puts: -77.58%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31 12:20pm) 1.39
Prior (08/28) 5.21
Current vs Prior -73.26%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg -39.95%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 12:20pm) 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%4.43% | 7.35%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -14.90% | -17.44%+0.54% | -7.28%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg +3.42% | -8.71%+8.40% | -4.22%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -14.90% | -17.44%+0.54% | -7.28%
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 ($8.20M) vs puts ($1.34M). Below-average activity with volume down 50% 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
12:20BULLISHBEARISHBEARISH
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
$186.00Sep 254.504.75$4.635.4%--0.5144
$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

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.74, cheapest $0.29)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$191.00Sep 40.260.31$0.2917.2%1300.132.1K
$195.00Sep 180.750.88$0.8215.9%40.172.4K
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
$157.50Sep 427.8029.00$28.404.2%470.996
$159.00Sep 426.3027.40$26.854.1%730.991
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1823.4024.80$24.105.8%71.007
$197.00Sep 1110.5511.90$11.2312.0%30.96--
$197.00Sep 410.8511.95$11.409.6%10.952
$196.00Sep 119.7010.90$10.3011.7%40.931
$200.00Sep 1813.7014.85$14.278.1%20.93134

Most actively traded options today. High liquidity = easy entry/exit. 225 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. 24 strikes (avg 11.0%, max 19.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2528.2%23.5%19.6%--182
$181.00Sep 4Sep 2528.6%24.5%16.6%--232
$180.00Sep 4Sep 2528.4%24.4%16.3%289
$182.50Sep 4Sep 2526.8%23.5%14.1%--233
$184.00Sep 4Sep 2525.8%23.0%12.5%9675
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2528.2%23.5%19.6%5288
$180.00Sep 4Oct 928.4%24.8%14.5%13650
$181.00Sep 4Oct 228.6%25.0%14.3%21124
$185.00Sep 4Sep 2525.8%22.7%13.9%7446
$188.00Sep 4Sep 1125.0%22.0%13.6%1249

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 155 found (best R:R 0.67, avg 4.62)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$180.00$181.00Sep 18$0.35$0.65$0.3572%1.86$180.35
$180.00$181.00Sep 4$0.60$0.40$0.6085%0.67$180.60
$185.00$186.00Oct 2$0.29$0.71$0.2954%2.45$185.29
$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$2.10$1.90$2.1064%0.90$187.90
$179.00$175.00Oct 9$0.86$3.14$0.8631%3.65$178.14

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 124 found (best R:R 2.57, avg 0.45)

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$0.75$0.75$0.2550%3.00$186.75
$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
$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
$181.00$180.00Sep 11$0.29$0.29$0.7173%0.41$180.71
$181.00$180.00Sep 25$0.37$0.37$0.6366%0.59$180.63

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$0.8825.0%22.0%
$187.00Sep 4Sep 11$0.9325.1%22.2%
$184.00Sep 4Sep 11$1.1825.8%23.3%
$183.00Sep 4Sep 11$1.0526.3%23.9%
$185.00Sep 4Sep 11$1.1825.8%23.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$188.00Sep 4Sep 11$0.7025.0%22.0%
$187.00Sep 4Sep 11$0.8525.1%22.2%
$187.50Sep 4Sep 11$0.8226.1%23.4%
$184.00Sep 4Sep 11$0.8725.8%23.3%
$183.00Sep 4Sep 11$0.8726.3%23.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 89 found (cheapest 2.16% of stock, avg 5.28%)

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$1.02$4.82$178.18$187.822.60%
$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$1.02$1.74$181.26$190.74
$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$1.02$2.03$180.97$190.03
$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
$187.50$183.00Sep 4$1.26$1.02$2.28$180.72$189.78

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 177 found (best R:R 1.70, avg credit $0.43)

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$0.5063%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$0.2739%2.70$180.27$189.73
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
171/172194/195Sep 11$0.27$0.7379%0.37$171.73$194.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 75 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
$182.00$183.00$184.00Sep 11$0.07$0.939%13.29
$180.00$181.00$182.00Sep 18$0.06$0.946%15.67
$183.00$184.00$185.00Sep 4$0.11$0.8914%8.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 134 found (best net $-4.44, 126 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%2.89%16
$187.00Oct 2$4.500.480.8%2.42%3.18%--21
$187.50Oct 2$4.250.461.0%2.29%3.32%115
$188.00Oct 2$3.950.451.3%2.13%3.43%12
$189.00Oct 2$3.500.411.8%1.89%3.72%--14
$190.00Oct 2$3.150.382.4%1.70%4.07%--19
$191.00Oct 2$2.760.362.9%1.49%4.40%--42
$186.00Sep 25$4.250.490.2%2.29%2.51%7288
$187.50Sep 25$3.600.451.0%1.94%2.97%--17
$187.00Sep 25$3.750.460.8%2.02%2.78%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 4,268
Total Puts 5,940
Put/Call Ratio 1.39
Net Difference -1,672

Prior's Put/Call Breakdown

Total Calls 3,266
Total Puts 17,001
Put/Call Ratio 5.21
Net Difference -13,735

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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