Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.90 +0.11%
8/31 12:55

Option Volume

Detail
Current (08/31 12:55pm) 12,128
Calls: 5,512 (45%)
Puts: 6,616 (55%)
Prior (08/28) 21,105
Calls: 3,598 (17%)
Puts: 17,507 (83%)
Current vs Prior -42.53%
Calls: +53.20% (Calls)
Puts: -62.21% (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 -54.28%
Calls: -36.62%
Puts: -62.90%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 12:55pm) $14.69M
Calls: $12.53M (85%)
Puts: $2.16M (15%)
Prior (08/28) $6.81M
Calls: $4.69M (69%)
Puts: $2.12M (31%)
Current vs Prior +115.64%
Calls: +167.24%
Puts: +1.75%
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 -1.33%
Calls: +40.57%
Puts: -63.83%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31 12:55pm) 1.20
Prior (08/28) 4.87
Current vs Prior -75.33%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg -48.22%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 12:55pm) 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 2.46% | 3.54%4.49% | 7.30%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -15.78% | -18.93%+1.84% | -7.91%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg +2.35% | -10.35%+9.79% | -4.87%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -15.78% | -18.93%+1.84% | -7.91%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 21.84% | 22.88%
Calls: 22.36% | 26.17%
Puts: 21.33% | 19.59%
Prior 39.08% | 58.16%
Calls: 51.27% | 68.72%
Puts: 26.89% | 47.61%
Current vs Prior -44.11% | -60.66%
Prior 7-Day Avg 55.88% | 39.81%
Calls: 57.13% | 38.88%
Puts: 54.63% | 40.74%
Current vs 7-Day Avg -60.91% | -42.53%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 85% of dollar volume in calls ($12.53M) vs puts ($2.16M). Massive premium surge with dollar volume up 116% vs prior. Below-average activity with volume down 43% vs prior. Bearish P/C ratio of 1.20 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 NEUTRAL
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
12:55BULLISHBEARISHBEARISH
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 70 of results (avg 5.8%, best 2.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$156.00Sep 429.5530.25$29.902.3%3071.0010
$150.00Sep 435.5536.45$36.002.5%141.0015
$157.50Sep 1828.3029.10$28.702.8%--1.001.3K
$165.00Sep 1821.1021.70$21.402.8%--0.941.8K
$163.00Sep 1122.7523.40$23.082.8%61.00--
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--
$197.50Sep 1811.4512.40$11.938.0%--0.89136
$200.00Sep 1813.7014.85$14.278.1%20.92134

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.76, cheapest $0.40)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 180.800.86$0.837.2%40.172.4K
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.370.43$0.4015.0%150.14640
$175.00Sep 180.851.02$0.9418.1%100.158.6K
$170.00Sep 250.790.96$0.8819.3%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 435.5536.45$36.002.5%141.0015
$155.00Sep 430.5531.50$31.033.1%2771.00--
$156.00Sep 429.5530.25$29.902.3%3071.0010
$157.00Sep 428.4529.35$28.903.1%821.005
$157.50Sep 427.8028.70$28.253.2%481.006
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. 234 active (total vol 5.1K, top 449)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 110.250.35$0.3033.3%3630.102.1K
$156.00Sep 429.5530.25$29.902.3%3071.0010
$155.00Sep 430.5531.50$31.033.1%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 41.071.51$1.2934.1%680.3684

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 9.1%, max 18.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2526.8%23.8%12.8%2182
$181.00Sep 4Sep 2527.8%24.7%12.3%--232
$184.00Sep 4Sep 2525.8%22.9%12.3%9675
$185.00Sep 4Oct 225.8%23.1%11.7%8761
$186.00Sep 4Oct 225.7%23.1%11.5%20104
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Sep 4Sep 2525.8%21.8%18.5%12446
$187.00Sep 4Sep 1126.4%23.1%14.2%1322
$182.00Sep 4Sep 2526.8%23.8%12.8%6288
$184.00Sep 4Sep 2525.8%22.9%12.3%87248
$181.00Sep 4Oct 227.8%24.9%11.5%34124

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 152 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
$162.50$163.00Sep 4$0.27$0.23$0.27100%0.85$162.77
$180.00$181.00Sep 18$0.48$0.52$0.4873%1.08$180.48
$172.50$173.00Sep 4$0.33$0.17$0.33100%0.52$172.83
$185.00$186.00Oct 2$0.37$0.63$0.3754%1.70$185.37
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$200.00$181.00Oct 2$11.37$7.63$11.3786%0.67$188.63
$180.00$179.00Oct 2$0.10$0.90$0.1032%9.00$179.90
$185.00$184.00Sep 25$0.25$0.75$0.2547%3.00$184.75
$191.00$190.00Sep 11$0.55$0.45$0.5574%0.82$190.45
$189.00$188.00Sep 4$0.55$0.45$0.5575%0.82$188.45

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 0.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$188.00$189.00Sep 18$0.64$0.64$0.3657%1.78$188.64
$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
$187.50$188.00Sep 25$0.37$0.37$0.1355%2.85$187.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$178.00$177.50Sep 25$0.31$0.31$0.1974%1.63$177.69
$181.00$180.00Sep 11$0.39$0.39$0.6173%0.64$180.61
$181.00$180.00Oct 2$0.47$0.47$0.5365%0.89$180.53
$181.00$180.00Sep 25$0.45$0.45$0.5566%0.82$180.55
$185.00$184.00Sep 11$0.55$0.55$0.4555%1.22$184.45

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $1.05, cheapest $0.85)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Sep 4Sep 11$1.1725.7%22.4%
$187.00Sep 4Sep 11$0.9726.4%23.1%
$184.00Sep 4Sep 11$1.0725.8%22.9%
$188.00Sep 4Sep 11$0.9724.7%22.5%
$185.00Sep 4Sep 11$1.1725.8%23.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Sep 4Sep 11$0.8525.7%22.4%
$187.00Sep 4Sep 11$0.9826.4%23.1%
$184.00Sep 4Sep 11$0.8225.8%22.9%
$187.50Sep 4Sep 11$0.8725.8%23.1%
$188.00Sep 4Sep 11$0.7724.7%22.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 89 found (cheapest 2.15% of stock, avg 5.25%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Sep 4$1.88$2.11$3.99$182.01$189.992.15%
$187.00Sep 4$1.50$2.57$4.07$182.93$191.072.19%
$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$3.28$4.30$183.70$192.302.31%
$184.00Sep 4$3.08$1.29$4.37$179.63$188.372.35%
$189.00Sep 4$0.72$3.83$4.55$184.45$193.552.45%
$183.00Sep 4$3.83$0.92$4.75$178.25$187.752.56%
$182.50Sep 4$4.22$0.79$5.01$177.49$187.512.69%
$190.00Sep 4$0.57$4.60$5.17$184.83$195.172.78%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 0.79% of stock, avg 2.86%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$189.00$182.00Sep 4$0.72$0.75$1.47$180.53$190.47
$189.00$182.50Sep 4$0.72$0.79$1.51$180.99$190.51
$189.00$183.00Sep 4$0.72$0.92$1.64$181.36$190.64
$188.00$182.50Sep 4$1.02$0.79$1.81$180.69$189.81
$188.00$182.00Sep 4$1.02$0.75$1.77$180.23$189.77
$188.00$183.00Sep 4$1.02$0.92$1.94$181.06$189.94
$189.00$184.00Sep 4$0.72$1.29$2.01$181.99$191.01
$187.50$182.50Sep 4$1.27$0.79$2.06$180.44$189.56
$187.50$182.00Sep 4$1.27$0.75$2.02$179.98$189.52
$187.50$183.00Sep 4$1.27$0.92$2.19$180.81$189.69

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 159 found (best R:R 3.35, avg credit $0.46)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
180/181191/192Sep 11$0.77$0.2347%3.35$180.23$191.77
180/181189/190Sep 11$0.83$0.1738%4.88$180.17$189.83
175/176191/192Sep 11$0.56$0.4462%1.27$175.44$191.56
171/172191/192Sep 11$0.49$0.5167%0.96$171.51$191.49
175/176189/190Sep 11$0.62$0.3853%1.63$175.38$189.62
178/178194/195Sep 25$0.64$0.3650%1.78$177.36$194.64
172/173194/195Sep 25$0.54$0.4660%1.17$172.46$194.54
171/172189/190Sep 11$0.55$0.4558%1.22$171.45$189.55
180/181194/195Sep 11$0.51$0.4960%1.04$180.49$194.51
180/181193/194Sep 11$0.53$0.4757%1.13$180.47$193.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 82 found (best R:R 15.67, 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
$180.00$181.00$182.00Sep 25$0.06$0.946%15.67
$191.00$193.00$195.00Oct 2$0.14$1.8611%13.29
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$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
$165.00$167.50$170.00Sep 18$0.06$2.444%40.67
$174.00$175.00$176.00Oct 2$0.05$0.953%19.00
$193.00$194.00$195.00Sep 11$0.07$0.936%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. 132 found (best net $-4.44, 125 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$195.00$197.501:2Sep 18-$0.15$2.35
$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%3.01%--21
$186.00Oct 2$4.950.500.1%2.66%2.72%16
$187.50Oct 2$4.250.460.9%2.29%3.15%115
$190.00Oct 2$3.300.392.2%1.78%3.98%819
$188.00Oct 2$3.950.451.1%2.12%3.25%12
$189.00Oct 2$3.500.421.7%1.88%3.55%--14
$191.00Oct 2$2.760.362.7%1.48%4.23%--42
$187.50Sep 25$3.600.450.9%1.94%2.80%--17
$186.00Sep 25$4.250.500.1%2.29%2.34%7288
$187.00Sep 25$3.750.460.6%2.02%2.61%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 5,512
Total Puts 6,616
Put/Call Ratio 1.20
Net Difference -1,104

Prior's Put/Call Breakdown

Total Calls 3,598
Total Puts 17,507
Put/Call Ratio 4.87
Net Difference -13,909

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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