Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.63 -0.03%
8/31 13:30

Option Volume

Detail
Current (08/31 1:30pm) 16,856
Calls: 6,626 (39%)
Puts: 10,230 (61%)
Prior (08/28) 21,807
Calls: 3,843 (18%)
Puts: 17,964 (82%)
Current vs Prior -22.70%
Calls: +72.42% (Calls)
Puts: -43.05% (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 -36.46%
Calls: -23.82%
Puts: -42.63%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 1:30pm) $24.38M
Calls: $16.08M (66%)
Puts: $8.30M (34%)
Prior (08/28) $7.18M
Calls: $4.92M (69%)
Puts: $2.26M (31%)
Current vs Prior +239.60%
Calls: +226.67%
Puts: +267.80%
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 +63.83%
Calls: +80.45%
Puts: +39.03%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31 1:30pm) 1.54
Prior (08/28) 4.67
Current vs Prior -66.97%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg -33.39%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 1:30pm) 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% | 3.57%4.47% | 7.29%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -15.65% | -18.32%+1.38% | -8.11%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg +2.50% | -9.67%+9.30% | -5.08%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -15.65% | -18.32%+1.38% | -8.11%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 16.69% | 21.42%
Calls: 18.40% | 26.17%
Puts: 14.98% | 16.67%
Prior 39.08% | 58.16%
Calls: 51.27% | 68.72%
Puts: 26.89% | 47.61%
Current vs Prior -57.29% | -63.17%
Prior 7-Day Avg 55.88% | 39.81%
Calls: 57.13% | 38.88%
Puts: 54.63% | 40.74%
Current vs 7-Day Avg -70.13% | -46.19%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 66% call dollar volume ($16.08M). Massive premium surge with dollar volume up 240% vs prior. Dollar volume significantly above 7-day average (64% higher). Extreme bearish P/C ratio of 1.54 - heavy put buying.

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
13:30BULLISHBEARISHBEARISH
13:25BULLISHBEARISHBEARISH
13:20BULLISHBEARISHBEARISH
13:15BULLISHBEARISHBEARISH
13:10BULLISHBEARISHBEARISH
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
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11:20BULLISHBEARISHBEARISH
11:15BULLISHBEARISHBEARISH
11:05BULLISHBEARISHBEARISH
11:00BULLISHBEARISHBEARISH
10:55BULLISHBEARISHBEARISH
10:50BULLISHBEARISHBEARISH
10:45BULLISHBEARISHBEARISH
10:40BULLISHBEARISHBEARISH
10:35BULLISHBEARISHBEARISH
10:30BULLISHBEARISHBEARISH
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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 88 of results (avg 5.9%, best 2.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 1826.0526.60$26.332.1%60.97682
$163.00Sep 1122.8523.35$23.102.2%60.98--
$156.00Sep 429.5530.25$29.902.3%3071.0010
$169.00Sep 416.6517.10$16.882.7%720.993
$157.50Sep 1828.3029.10$28.702.8%--0.981.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Sep 115.205.45$5.334.7%10.72280
$210.00Sep 423.4024.55$23.984.8%181.00--
$189.00Sep 114.554.80$4.685.3%10.66244
$210.00Sep 1823.4024.80$24.105.8%71.007
$190.00Sep 185.756.10$5.935.9%270.664.9K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.73, cheapest $0.40)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 180.720.83$0.7714.3%190.172.4K
$194.00Sep 180.901.01$0.9611.5%60.2042
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.370.43$0.4015.0%150.14640
$179.00Sep 110.850.92$0.897.9%390.1918
$175.00Sep 180.911.02$0.9711.3%110.168.6K
$160.00Sep 180.190.22$0.2114.3%110.034.7K
$170.00Sep 250.800.96$0.8818.2%80.12797

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 131 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$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%480.996
$158.00Sep 427.4028.30$27.853.2%60.991
$160.00Sep 425.4526.25$25.853.1%770.9922
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$205.00Sep 418.4519.60$19.026.0%201.00--
$207.50Sep 420.8522.25$21.556.5%21.00--
$210.00Sep 423.4024.55$23.984.8%181.00--
$210.00Sep 1823.4024.80$24.105.8%71.007
$197.00Sep 1110.6511.80$11.2310.2%30.96--

Most actively traded options today. High liquidity = easy entry/exit. 244 active (total vol 5.9K, 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
$150.00Sep 435.3536.40$35.882.9%3020.9915
$155.00Sep 430.5531.50$31.033.1%2770.99--
$165.00Sep 420.6521.30$20.983.1%1770.995
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 41.151.48$1.3225.0%720.3684

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 9.0%, max 16.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$184.00Sep 4Sep 2526.6%23.0%16.1%9675
$181.00Sep 4Sep 2528.2%24.7%14.0%--232
$182.50Sep 4Sep 2526.6%23.6%12.8%1233
$182.00Sep 4Sep 2526.7%23.8%12.5%2182
$186.00Sep 4Oct 225.8%23.1%11.9%20104
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$184.00Sep 4Sep 2526.5%23.0%15.6%91248
$185.00Sep 4Sep 2524.9%21.8%14.1%15446
$181.00Sep 4Oct 228.1%24.9%13.0%34124
$182.00Sep 4Sep 2526.7%23.8%12.1%6288
$188.00Sep 4Sep 1125.0%22.4%11.5%1249

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 157 found (best R:R 0.67, avg 4.47)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$157.50$159.00Sep 18$0.97$0.53$0.9798%0.55$158.47
$180.00$181.00Sep 18$0.43$0.57$0.4372%1.33$180.43
$190.00$191.00Sep 11$0.10$0.90$0.1029%9.00$190.10
$191.00$192.00Oct 2$0.19$0.81$0.1936%4.26$191.19
$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
$179.00$175.00Oct 9$0.77$3.23$0.7731%4.19$178.23
$192.50$192.00Sep 11$0.20$0.30$0.2084%1.50$192.30
$190.00$187.50Sep 18$1.33$1.17$1.3366%0.88$188.67
$185.00$184.00Sep 25$0.25$0.75$0.2547%3.00$184.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 125 found (best R:R 2.45, avg 0.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$186.00$187.00Sep 11$0.71$0.71$0.2950%2.45$186.71
$188.00$189.00Sep 18$0.63$0.63$0.3757%1.70$188.63
$192.00$193.00Oct 2$0.48$0.48$0.5266%0.92$192.48
$186.00$187.00Oct 2$0.65$0.65$0.3550%1.86$186.65
$189.00$190.00Sep 11$0.47$0.47$0.5365%0.89$189.47
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$0.26$0.26$0.2474%1.08$177.74
$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$0.50$0.50$0.5055%1.00$184.50

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $1.04, cheapest $1.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$184.00Sep 4Sep 11$1.0626.6%23.2%
$186.00Sep 4Sep 11$1.1725.8%22.6%
$188.00Sep 4Sep 11$0.9025.0%22.4%
$187.00Sep 4Sep 11$0.9924.6%22.5%
$187.50Sep 4Sep 18$1.8625.5%23.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$184.00Sep 4Sep 11$0.8326.5%23.3%
$186.00Sep 4Sep 11$0.9325.9%22.7%
$188.00Sep 4Sep 11$0.7725.0%22.4%
$187.50Sep 4Sep 11$0.8325.6%23.1%
$187.00Sep 4Sep 11$0.9924.7%22.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 91 found (cheapest 2.14% of stock, avg 5.28%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$187.00Sep 4$1.39$2.59$3.98$183.02$190.982.14%
$186.00Sep 4$1.92$2.07$3.99$182.01$189.992.15%
$185.00Sep 4$2.50$1.60$4.10$180.90$189.102.21%
$187.50Sep 4$1.27$2.97$4.24$183.26$191.742.28%
$188.00Sep 4$1.07$3.28$4.35$183.65$192.352.34%
$184.00Sep 4$3.12$1.32$4.44$179.56$188.442.39%
$189.00Sep 4$0.73$4.00$4.73$184.27$193.732.55%
$183.00Sep 4$3.90$0.95$4.85$178.15$187.852.61%
$190.00Sep 4$0.50$4.60$5.10$184.90$195.102.75%
$182.50Sep 4$4.28$0.84$5.12$177.38$187.622.76%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 0.78% of stock, avg 2.79%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$189.00$182.00Sep 4$0.73$0.72$1.45$180.55$190.45
$189.00$182.50Sep 4$0.73$0.84$1.57$180.93$190.57
$189.00$183.00Sep 4$0.73$0.95$1.68$181.32$190.68
$188.00$182.00Sep 4$1.07$0.72$1.79$180.21$189.79
$188.00$182.50Sep 4$1.07$0.84$1.91$180.59$189.91
$188.00$183.00Sep 4$1.07$0.95$2.02$180.98$190.02
$189.00$184.00Sep 4$0.73$1.32$2.05$181.95$191.05
$187.50$182.00Sep 4$1.27$0.72$1.99$180.01$189.49
$187.50$182.50Sep 4$1.27$0.84$2.11$180.39$189.61
$187.50$183.00Sep 4$1.27$0.95$2.22$180.78$189.72

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 191 found (best R:R 5.25, avg credit $0.45)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
180/181189/190Sep 11$0.84$0.1638%5.25$180.16$189.84
180/181191/192Sep 11$0.74$0.2647%2.85$180.26$191.74
176/177192/193Oct 2$0.77$0.2341%3.35$176.23$192.77
175/176189/190Sep 11$0.65$0.3552%1.86$175.35$189.65
175/176191/192Sep 11$0.55$0.4562%1.22$175.45$191.55
171/172189/190Sep 11$0.58$0.4258%1.38$171.42$189.58
171/172191/192Sep 11$0.48$0.5267%0.92$171.52$191.48
169/170192/193Oct 2$0.60$0.4052%1.50$169.40$192.60
173/174192/193Oct 2$0.65$0.3546%1.86$173.35$192.65
180/181194/195Sep 11$0.49$0.5161%0.96$180.51$194.49

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 83 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
$189.00$190.00$191.00Sep 4$0.05$0.9512%19.00
$195.00$197.50$200.00Sep 18$0.11$2.399%21.73
$205.00$210.00$215.00Sep 25$0.09$4.913%54.56
$189.00$190.00$191.00Sep 18$0.06$0.948%15.67
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$2.444%40.67
$160.00$162.50$165.00Sep 18$0.05$2.452%49.00
$174.00$175.00$176.00Sep 18$0.05$0.954%19.00
$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. 133 found (best net $-4.44, 126 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$205.00$210.001:2Sep 25-$0.03$4.97
$195.00$197.501:2Sep 18-$0.23$2.27
$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
$164.00$160.001:2Sep 11-$0.08$3.92

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 73 found (best yield 2.42%, avg 0.86%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$187.00Oct 2$4.500.480.7%2.42%3.16%--21
$186.00Oct 2$4.950.500.2%2.67%2.87%16
$188.00Oct 2$4.050.451.3%2.18%3.46%12
$187.50Oct 2$4.250.461.0%2.29%3.30%115
$189.00Oct 2$3.500.421.8%1.89%3.70%--14
$191.00Oct 2$2.850.362.9%1.54%4.43%--42
$190.00Oct 2$3.100.382.4%1.67%4.02%1019
$192.00Oct 2$2.470.343.4%1.33%4.76%17
$186.00Sep 25$4.250.500.2%2.29%2.49%7288
$187.50Sep 25$3.600.451.0%1.94%2.95%--17

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 6,626
Total Puts 10,230
Put/Call Ratio 1.54
Net Difference -3,604

Prior's Put/Call Breakdown

Total Calls 3,843
Total Puts 17,964
Put/Call Ratio 4.67
Net Difference -14,121

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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