Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.84 +0.08%
8/31 12:50

Option Volume

Detail
Current (08/31 12:50pm) 11,876
Calls: 5,304 (45%)
Puts: 6,572 (55%)
Prior (08/28) 20,881
Calls: 3,545 (17%)
Puts: 17,336 (83%)
Current vs Prior -43.13%
Calls: +49.62% (Calls)
Puts: -62.09% (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 -55.23%
Calls: -39.02%
Puts: -63.14%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 12:50pm) $13.90M
Calls: $11.75M (85%)
Puts: $2.15M (15%)
Prior (08/28) $6.79M
Calls: $4.68M (69%)
Puts: $2.12M (31%)
Current vs Prior +104.60%
Calls: +151.37%
Puts: +1.41%
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 -6.59%
Calls: +31.90%
Puts: -64.02%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31 12:50pm) 1.24
Prior (08/28) 4.89
Current vs Prior -74.66%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg -46.54%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 12:50pm) 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 2.47% | 3.58%4.49% | 7.31%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -15.38% | -18.17%+1.87% | -7.88%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg +2.83% | -9.51%+9.83% | -4.84%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -15.38% | -18.17%+1.87% | -7.88%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 21.04% | 20.70%
Calls: 22.36% | 26.17%
Puts: 19.72% | 15.23%
Prior 39.08% | 58.16%
Calls: 51.27% | 68.72%
Puts: 26.89% | 47.61%
Current vs Prior -46.16% | -64.41%
Prior 7-Day Avg 55.88% | 39.81%
Calls: 57.13% | 38.88%
Puts: 54.63% | 40.74%
Current vs 7-Day Avg -62.35% | -48.00%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 85% of dollar volume in calls ($11.75M) vs puts ($2.15M). Massive premium surge with dollar volume up 105% vs prior. Below-average activity with volume down 43% vs prior. Bearish P/C ratio of 1.24 indicates protective 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
12:50BULLISHBEARISHBEARISH
12:45BULLISHBEARISHBEARISH
12:40BULLISHBEARISHBEARISH
12:35BULLISHBEARISHBEARISH
12:30BULLISHBEARISHBEARISH
12:25BULLISHBEARISHBEARISH
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 74 of results (avg 5.9%, best 1.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.5536.10$35.831.5%141.0015
$156.00Sep 429.5530.10$29.831.8%3071.0010
$155.00Sep 430.5531.15$30.851.9%2771.00--
$157.00Sep 428.4529.15$28.802.4%821.005
$167.50Sep 418.1518.65$18.402.7%351.002
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1823.4024.80$24.105.8%70.997
$207.50Sep 420.8522.25$21.556.5%20.97--
$205.00Sep 418.4019.75$19.087.1%20.99--
$190.00Sep 44.454.80$4.637.6%60.80204
$192.50Sep 187.558.15$7.857.6%30.75341

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.69, cheapest $0.11)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 180.750.88$0.8215.9%40.172.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Sep 40.100.12$0.1118.2%600.04332
$180.00Sep 40.380.43$0.4112.2%150.14640
$179.00Sep 110.861.02$0.9417.0%390.2018
$175.00Sep 180.891.03$0.9614.6%80.168.6K
$170.00Sep 250.800.96$0.8818.2%70.12797

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 126 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.5536.10$35.831.5%141.0015
$155.00Sep 430.5531.15$30.851.9%2771.00--
$156.00Sep 429.5530.10$29.831.8%3071.0010
$157.00Sep 428.4529.15$28.802.4%821.005
$157.50Sep 427.8028.70$28.253.2%471.006
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$205.00Sep 418.4019.75$19.087.1%20.99--
$210.00Sep 1823.4024.80$24.105.8%70.997
$207.50Sep 420.8522.25$21.556.5%20.97--
$197.00Sep 410.8511.95$11.409.6%10.952
$197.00Sep 1110.6511.80$11.2310.2%30.94--

Most actively traded options today. High liquidity = easy entry/exit. 232 active (total vol 5.0K, top 449)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 110.250.35$0.3033.3%3630.102.1K
$156.00Sep 429.5530.10$29.831.8%3071.0010
$155.00Sep 430.5531.15$30.851.9%2771.00--
$190.00Sep 40.410.74$0.5757.9%1730.20187
$191.00Sep 40.290.36$0.3221.9%1320.142.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$168.00Sep 110.120.26$0.1973.7%4490.048
$165.00Sep 110.050.20$0.13115.4%2870.0323
$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 10.1%, max 14.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2527.2%23.8%14.5%2182
$184.00Sep 4Sep 2526.2%23.1%13.6%9675
$181.00Sep 4Sep 2528.0%24.7%13.2%--232
$182.50Sep 4Sep 2526.6%23.6%12.5%1233
$186.00Sep 4Oct 225.8%23.1%11.9%20104
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2527.2%23.8%14.5%6288
$184.00Sep 4Sep 2526.2%23.1%13.6%87248
$185.00Sep 4Sep 2525.8%22.7%13.6%12446
$181.00Sep 4Oct 228.0%24.9%12.4%33124
$190.00Sep 4Sep 2525.7%23.0%11.7%6214

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 151 found (best R:R 0.67, avg 4.54)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$157.50$159.00Sep 18$0.97$0.53$0.97100%0.55$158.47
$180.00$181.00Sep 18$0.48$0.52$0.4872%1.08$180.48
$185.00$186.00Oct 2$0.32$0.68$0.3254%2.13$185.32
$190.00$191.00Sep 25$0.16$0.84$0.1636%5.25$190.16
$172.50$173.00Sep 4$0.33$0.17$0.33100%0.52$172.83
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$200.00$181.00Oct 2$11.37$7.63$11.3786%0.67$188.63
$191.00$190.00Sep 11$0.52$0.48$0.5274%0.92$190.48
$180.00$179.00Oct 2$0.10$0.90$0.1032%9.00$179.90
$182.00$181.00Sep 11$0.11$0.89$0.1130%8.09$181.89
$182.00$181.00Sep 25$0.20$0.80$0.2037%4.00$181.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 122 found (best R:R 1.78, avg 0.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$188.00$189.00Sep 18$0.64$0.64$0.3657%1.78$188.64
$189.00$190.00Sep 25$0.58$0.58$0.4260%1.38$189.58
$188.00$189.00Oct 2$0.62$0.62$0.3855%1.63$188.62
$191.00$192.00Sep 11$0.38$0.38$0.6274%0.61$191.38
$186.00$187.00Oct 2$0.65$0.65$0.3550%1.86$186.65
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$181.00$180.00Oct 2$0.47$0.47$0.5365%0.89$180.53
$178.00$177.50Sep 25$0.23$0.23$0.2774%0.85$177.77
$181.00$180.00Sep 25$0.38$0.38$0.6266%0.61$180.62
$181.00$180.00Sep 11$0.30$0.30$0.7073%0.43$180.70
$185.00$184.00Sep 11$0.48$0.48$0.5255%0.92$184.52

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $1.05, cheapest $0.89)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Sep 4Sep 11$1.1725.8%22.6%
$184.00Sep 4Sep 11$0.9726.2%23.4%
$187.00Sep 4Sep 11$1.0226.1%23.5%
$188.00Sep 4Sep 11$0.9224.8%22.2%
$185.00Sep 4Sep 11$1.1725.8%23.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Sep 4Sep 11$0.8925.8%22.6%
$184.00Sep 4Sep 11$0.8626.2%23.4%
$187.00Sep 4Sep 11$0.9826.1%23.5%
$187.50Sep 4Sep 11$0.9025.9%23.2%
$188.00Sep 4Sep 11$0.7524.8%22.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 89 found (cheapest 2.16% of stock, avg 5.26%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Sep 4$1.88$2.13$4.01$181.99$190.012.16%
$187.00Sep 4$1.47$2.57$4.04$182.96$191.042.17%
$185.00Sep 4$2.46$1.71$4.17$180.83$189.172.24%
$187.50Sep 4$1.27$2.93$4.20$183.30$191.702.26%
$188.00Sep 4$1.02$3.30$4.32$183.68$192.322.32%
$184.00Sep 4$3.08$1.33$4.41$179.59$188.412.37%
$189.00Sep 4$0.72$3.95$4.67$184.33$193.672.51%
$183.00Sep 4$3.83$1.00$4.83$178.17$187.832.60%
$182.50Sep 4$4.22$0.87$5.09$177.41$187.592.74%
$190.00Sep 4$0.57$4.63$5.20$184.80$195.202.80%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 0.81% of stock, avg 2.88%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$189.00$182.00Sep 4$0.72$0.78$1.50$180.50$190.50
$189.00$182.50Sep 4$0.72$0.87$1.59$180.91$190.59
$189.00$183.00Sep 4$0.72$1.00$1.72$181.28$190.72
$188.00$182.00Sep 4$1.02$0.78$1.80$180.20$189.80
$188.00$182.50Sep 4$1.02$0.87$1.89$180.61$189.89
$188.00$183.00Sep 4$1.02$1.00$2.02$180.98$190.02
$189.00$184.00Sep 4$0.72$1.33$2.05$181.95$191.05
$187.50$182.00Sep 4$1.27$0.78$2.05$179.95$189.55
$187.50$182.50Sep 4$1.27$0.87$2.14$180.36$189.64
$187.50$183.00Sep 4$1.27$1.00$2.27$180.73$189.77

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 159 found (best R:R 0.96, avg credit $0.46)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
171/172191/192Sep 11$0.49$0.5167%0.96$171.51$191.49
180/181191/192Sep 11$0.68$0.3247%2.12$180.32$191.68
175/176194/195Sep 25$0.61$0.3954%1.56$175.39$194.61
171/172189/190Sep 11$0.55$0.4558%1.22$171.45$189.55
180/181189/190Sep 11$0.74$0.2639%2.85$180.26$189.74
169/170194/195Sep 25$0.48$0.5263%0.92$169.52$194.48
178/178194/195Sep 25$0.60$0.4050%1.50$177.40$194.60
182/183191/192Sep 11$0.70$0.3039%2.33$182.30$191.70
174/175194/195Sep 25$0.52$0.4856%1.08$174.48$194.52
172/173194/195Sep 25$0.48$0.5259%0.92$172.52$194.48

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 81 found (best R:R 44.45, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$205.00$210.00$215.00Sep 25$0.09$4.913%54.56
$172.50$175.00$177.50Sep 18$0.13$2.379%18.23
$170.00$172.50$175.00Sep 18$0.10$2.406%24.00
$191.00$193.00$195.00Oct 2$0.14$1.8611%13.29
$180.00$181.00$182.00Sep 25$0.06$0.946%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$155.00$160.00$165.00Sep 25$0.11$4.894%44.45
$178.00$179.00$180.00Sep 11$0.05$0.956%19.00
$188.00$189.00$190.00Sep 11$0.08$0.9210%11.50
$160.00$162.50$165.00Sep 18$0.06$2.442%40.67
$174.00$175.00$176.00Oct 2$0.05$0.953%19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 132 found (best net $-4.44, 125 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
$190.00$191.001:2Sep 4-$0.07$0.93
$200.00$202.501:2Sep 18-$0.08$2.42
$191.00$192.001:2Sep 4-$0.06$0.94
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Sep 18-$4.44$5.56
$205.00$197.001:2Sep 4-$3.72$4.28
$165.00$160.001:2Sep 25-$0.19$4.81
$155.00$150.001:2Sep 25-$0.10$4.90
$165.00$160.001:2Sep 4-$0.01$4.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 72 found (best yield 2.42%, avg 0.84%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$187.00Oct 2$4.500.480.6%2.42%3.05%--21
$186.00Oct 2$4.950.500.1%2.66%2.75%16
$187.50Oct 2$4.250.460.9%2.29%3.18%115
$188.00Oct 2$3.950.451.2%2.13%3.29%12
$190.00Oct 2$3.300.392.2%1.78%4.01%819
$189.00Oct 2$3.500.421.7%1.88%3.58%--14
$191.00Oct 2$2.760.362.8%1.49%4.26%--42
$187.50Sep 25$3.600.450.9%1.94%2.83%--17
$186.00Sep 25$4.250.500.1%2.29%2.37%7288
$187.00Sep 25$3.750.460.6%2.02%2.64%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 5,304
Total Puts 6,572
Put/Call Ratio 1.24
Net Difference -1,268

Prior's Put/Call Breakdown

Total Calls 3,545
Total Puts 17,336
Put/Call Ratio 4.89
Net Difference -13,791

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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