Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.89 +0.11%
8/31 13:05

Option Volume

Detail
Current (08/31 1:05pm) 13,032
Calls: 5,915 (45%)
Puts: 7,117 (55%)
Prior (08/28) 21,492
Calls: 3,674 (17%)
Puts: 17,818 (83%)
Current vs Prior -39.36%
Calls: +61.00% (Calls)
Puts: -60.06% (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 -50.88%
Calls: -31.99%
Puts: -60.09%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 1:05pm) $16.81M
Calls: $14.00M (83%)
Puts: $2.81M (17%)
Prior (08/28) $6.95M
Calls: $4.74M (68%)
Puts: $2.20M (32%)
Current vs Prior +141.99%
Calls: +195.23%
Puts: +27.43%
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 +12.92%
Calls: +57.10%
Puts: -52.98%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31 1:05pm) 1.20
Prior (08/28) 4.85
Current vs Prior -75.19%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg -48.09%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 1:05pm) 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 2.41% | 3.55%4.46% | 7.29%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -17.43% | -18.93%+1.23% | -8.04%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg +0.34% | -10.35%+9.14% | -5.01%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -17.43% | -18.93%+1.23% | -8.04%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 17.37% | 22.88%
Calls: 22.36% | 26.17%
Puts: 12.38% | 19.59%
Prior 39.08% | 58.16%
Calls: 51.27% | 68.72%
Puts: 26.89% | 47.61%
Current vs Prior -55.55% | -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 -68.91% | -42.53%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 83% of dollar volume in calls ($14.00M) vs puts ($2.81M). Massive premium surge with dollar volume up 142% vs prior. Bearish P/C ratio of 1.20 indicates protective positioning. P/C ratio dropping 75% - 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 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
13:05BULLISHBEARISHBEARISH
13:00BULLISHBEARISHBEARISH
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 79 of results (avg 5.8%, best 2.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$163.00Sep 1122.8523.35$23.102.2%61.00--
$150.00Sep 435.6036.40$36.002.2%1061.0015
$156.00Sep 429.5530.25$29.902.3%3071.0010
$157.50Sep 1828.3029.10$28.702.8%--1.001.3K
$165.00Sep 1821.1021.70$21.402.8%--0.931.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 423.4024.55$23.984.8%180.98--
$210.00Sep 1823.4024.80$24.105.8%70.997
$205.00Sep 418.4519.60$19.026.0%200.99--
$207.50Sep 420.8522.25$21.556.5%20.97--
$197.50Sep 1811.4512.40$11.938.0%--0.89136

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.78, cheapest $0.40)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 180.800.86$0.837.2%40.172.4K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.370.43$0.4015.0%150.14640
$179.00Sep 110.810.92$0.8712.6%390.1918
$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. 128 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.6036.40$36.002.2%1061.0015
$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 427.8028.75$28.283.4%481.006
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$205.00Sep 418.4519.60$19.026.0%200.99--
$210.00Sep 1823.4024.80$24.105.8%70.997
$210.00Sep 423.4024.55$23.984.8%180.98--
$207.50Sep 420.8522.25$21.556.5%20.97--
$197.00Sep 410.8511.95$11.409.6%10.952

Most actively traded options today. High liquidity = easy entry/exit. 238 active (total vol 5.3K, 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 40.420.59$0.5133.3%1730.19187
$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 41.071.29$1.1818.6%680.3584

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 8.6%, max 20.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2527.2%23.8%14.5%2182
$181.00Sep 4Sep 2528.1%24.7%13.9%--232
$185.00Sep 4Oct 226.3%23.1%13.9%8761
$183.00Sep 4Sep 2526.1%23.7%10.2%71.4K
$182.50Sep 4Sep 2525.9%23.6%9.7%1233
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$185.00Sep 4Sep 2526.3%21.8%20.8%12446
$182.00Sep 4Sep 2527.2%23.8%14.5%6288
$181.00Sep 4Oct 228.1%24.9%13.0%34124
$187.00Sep 4Sep 1125.9%22.9%12.9%2322
$183.00Sep 4Oct 926.1%23.8%9.9%2656

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 156 found (best R:R 0.67, avg 4.42)

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$0.22$0.28$0.22100%1.27$162.72
$180.00$181.00Sep 18$0.50$0.50$0.5072%1.00$180.50
$172.00$172.50Sep 4$0.30$0.20$0.30100%0.67$172.30
$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
$192.50$192.00Sep 11$0.20$0.30$0.2082%1.50$192.30
$185.00$184.00Sep 25$0.25$0.75$0.2547%3.00$184.75
$182.00$181.00Sep 11$0.10$0.90$0.1030%9.00$181.90
$186.00$185.00Sep 11$0.30$0.70$0.3050%2.33$185.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 123 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
$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
$187.00$187.50Sep 18$0.37$0.37$0.1353%2.85$187.37
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$178.00$177.50Sep 25$0.31$0.31$0.1974%1.63$177.69
$181.00$180.00Oct 2$0.47$0.47$0.5365%0.89$180.53
$181.00$180.00Sep 11$0.37$0.37$0.6373%0.59$180.63
$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 $1.06, cheapest $0.87)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.00Sep 4Sep 11$0.9525.9%22.9%
$186.00Sep 4Sep 11$1.1725.1%22.4%
$185.00Sep 4Sep 11$1.1726.3%23.8%
$187.50Sep 4Sep 18$1.8926.3%24.0%
$188.00Sep 4Sep 11$0.9524.9%22.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.50Sep 4Sep 11$0.8726.3%23.1%
$187.00Sep 4Sep 11$1.0525.9%22.9%
$186.00Sep 4Sep 11$0.9425.1%22.4%
$185.00Sep 4Sep 11$0.9626.3%23.8%
$188.00Sep 4Sep 11$0.8224.9%22.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 89 found (cheapest 2.10% of stock, avg 5.25%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Sep 4$1.88$2.02$3.90$182.10$189.902.10%
$187.00Sep 4$1.50$2.50$4.00$183.00$191.002.15%
$185.00Sep 4$2.46$1.70$4.16$180.84$189.162.24%
$184.00Sep 4$3.08$1.18$4.26$179.74$188.262.29%
$187.50Sep 4$1.34$2.93$4.27$183.23$191.772.30%
$188.00Sep 4$1.07$3.23$4.30$183.70$192.302.31%
$189.00Sep 4$0.73$3.83$4.56$184.44$193.562.45%
$183.00Sep 4$3.83$0.95$4.78$178.22$187.782.57%
$182.50Sep 4$4.22$0.79$5.01$177.49$187.512.70%
$190.00Sep 4$0.51$4.55$5.06$184.94$195.062.72%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 0.80% of stock, avg 2.85%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$189.00$182.00Sep 4$0.73$0.75$1.48$180.52$190.48
$189.00$182.50Sep 4$0.73$0.79$1.52$180.98$190.52
$189.00$183.00Sep 4$0.73$0.95$1.68$181.32$190.68
$188.00$182.50Sep 4$1.07$0.79$1.86$180.64$189.86
$188.00$182.00Sep 4$1.07$0.75$1.82$180.18$189.82
$189.00$184.00Sep 4$0.73$1.18$1.91$182.09$190.91
$188.00$183.00Sep 4$1.07$0.95$2.02$180.98$190.02
$188.00$184.00Sep 4$1.07$1.18$2.25$181.75$190.25
$187.50$182.00Sep 4$1.34$0.75$2.09$179.91$189.59
$187.50$182.50Sep 4$1.34$0.79$2.13$180.37$189.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 164 found (best R:R 3.00, avg credit $0.45)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
180/181191/192Sep 11$0.75$0.2547%3.00$180.25$191.75
180/181189/190Sep 11$0.80$0.2039%4.00$180.20$189.80
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$0.61$0.3953%1.56$175.39$189.61
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$0.54$0.4658%1.17$171.46$189.54
180/181194/195Sep 11$0.49$0.5161%0.96$180.51$194.49
180/181193/194Sep 11$0.51$0.4957%1.04$180.49$193.51

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 86 found (best R:R 34.71, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$172.50$175.00$177.50Sep 18$0.07$2.439%34.71
$191.00$193.00$195.00Oct 2$0.11$1.8911%17.18
$190.00$191.00$192.00Sep 4$0.06$0.9410%15.67
$205.00$210.00$215.00Sep 25$0.09$4.913%54.56
$187.00$188.00$189.00Sep 11$0.08$0.9210%11.50
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$155.00$160.00$165.00Sep 25$0.11$4.894%44.45
$165.00$167.50$170.00Sep 18$0.06$2.443%40.67
$174.00$175.00$176.00Oct 2$0.05$0.953%19.00
$195.00$197.50$200.00Sep 18$0.16$2.349%14.62
$188.00$189.00$190.00Sep 4$0.12$0.8814%7.33

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
$200.00$202.501:2Sep 18-$0.08$2.42
$191.00$192.001:2Sep 4-$0.06$0.94
$210.00$215.001:2Sep 25-$0.09$4.91
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Sep 18-$4.44$5.56
$205.00$197.001:2Sep 4-$3.78$4.22
$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 0.85%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$187.00Oct 2$4.500.480.6%2.42%3.02%--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
$188.00Oct 2$4.050.451.1%2.18%3.31%12
$190.00Oct 2$3.300.392.2%1.78%3.99%819
$189.00Oct 2$3.500.421.7%1.88%3.56%--14
$191.00Oct 2$2.850.362.8%1.53%4.28%--42
$187.50Sep 25$3.600.450.9%1.94%2.80%--17
$186.00Sep 25$4.250.500.1%2.29%2.35%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 5,915
Total Puts 7,117
Put/Call Ratio 1.20
Net Difference -1,202

Prior's Put/Call Breakdown

Total Calls 3,674
Total Puts 17,818
Put/Call Ratio 4.85
Net Difference -14,144

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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