Tour v526
XLK
State StreetTechSelSectSPDRETF
$186.36 +0.36%
8/31 14:25

Option Volume

Detail
Current (08/31 2:25pm) 18,249
Calls: 7,309 (40%)
Puts: 10,940 (60%)
Prior (08/28) 26,012
Calls: 4,076 (16%)
Puts: 21,936 (84%)
Current vs Prior -29.84%
Calls: +79.32% (Calls)
Puts: -50.13% (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 -31.21%
Calls: -15.96%
Puts: -38.65%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 2:25pm) $25.35M
Calls: $16.92M (67%)
Puts: $8.42M (33%)
Prior (08/28) $12.76M
Calls: $5.05M (40%)
Puts: $7.71M (60%)
Current vs Prior +98.69%
Calls: +235.09%
Puts: +9.29%
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 +70.28%
Calls: +89.92%
Puts: +40.98%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31 2:25pm) 1.50
Prior (08/28) 5.38
Current vs Prior -72.19%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg -35.42%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 2:25pm) 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 2.29% | 3.47%4.38% | 7.40%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -21.51% | -20.61%-0.73% | -6.66%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg -4.61% | -12.21%+7.03% | -3.57%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -21.51% | -20.61%-0.73% | -6.66%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 22.71% | 24.52%
Calls: 32.02% | 26.86%
Puts: 13.39% | 22.19%
Prior 39.08% | 58.16%
Calls: 51.27% | 68.72%
Puts: 26.89% | 47.61%
Current vs Prior -41.89% | -57.84%
Prior 7-Day Avg 55.88% | 39.81%
Calls: 57.13% | 38.88%
Puts: 54.63% | 40.74%
Current vs 7-Day Avg -59.36% | -38.41%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 67% call dollar volume ($16.92M). Elevated premium activity with dollar volume up 99% vs prior. Dollar volume significantly above 7-day average (70% higher). Bearish P/C ratio of 1.50 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 BEARISH
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
14:25BULLISHBEARISHBEARISH
14:20BULLISHBEARISHBEARISH
14:15BULLISHBEARISHBEARISH
14:10BULLISHBEARISHBEARISH
14:05BULLISHBEARISHBEARISH
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13:55BULLISHBEARISHBEARISH
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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 63 of results (avg 6.3%, best 2.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 1835.9536.85$36.402.5%91.003.9K
$152.50Sep 1833.4034.50$33.953.2%11.00598
$156.00Sep 429.5530.60$30.083.5%3071.0010
$160.00Sep 1826.1527.10$26.633.6%61.00682
$150.00Sep 435.5036.80$36.153.6%3021.0015
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%20.98--
$200.00Oct 213.9515.35$14.659.6%--0.8544

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.70, cheapest $0.55)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Sep 40.500.61$0.5520.0%1830.21187
$197.50Sep 180.460.53$0.5014.0%140.111.2K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$179.00Sep 110.770.89$0.8314.5%580.1818
$175.00Sep 180.860.98$0.9213.0%130.158.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 135 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 435.5036.80$36.153.6%3021.0015
$155.00Sep 430.5531.95$31.254.5%2771.00--
$156.00Sep 429.5530.60$30.083.5%3071.0010
$157.00Sep 428.5029.65$29.084.0%851.005
$157.50Sep 427.8529.20$28.534.7%861.006
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$205.00Sep 418.4519.60$19.026.0%200.99--
$210.00Sep 1823.4024.80$24.105.8%70.997
$207.50Sep 420.8522.25$21.556.5%20.98--
$210.00Sep 423.4024.55$23.984.8%180.98--
$197.00Sep 410.1511.95$11.0516.3%10.952

Most actively traded options today. High liquidity = easy entry/exit. 258 active (total vol 6.6K, top 449)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 110.270.53$0.4065.0%3680.122.1K
$156.00Sep 429.5530.60$30.083.5%3071.0010
$150.00Sep 435.5036.80$36.153.6%3021.0015
$155.00Sep 430.5531.95$31.254.5%2771.00--
$191.00Sep 40.320.41$0.3724.3%2360.152.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$168.00Sep 110.110.26$0.1978.9%4490.048
$165.00Sep 110.050.20$0.13115.4%2870.0323
$150.00Sep 180.090.14$0.1241.7%1340.022.9K
$150.00Sep 250.120.27$0.2075.0%1340.029
$184.00Sep 40.981.16$1.0716.8%770.3384

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 21 strikes (avg 9.2%, max 17.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2527.0%23.0%17.6%2182
$182.50Sep 4Sep 2527.0%23.6%14.2%1233
$185.00Sep 4Oct 225.3%22.7%11.3%9761
$181.00Sep 4Sep 2527.9%25.1%11.2%--232
$184.00Sep 4Sep 2525.0%22.8%9.6%9675
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2527.0%23.0%17.6%6288
$185.00Sep 4Sep 2525.3%22.2%14.1%19446
$181.00Sep 4Oct 227.9%24.6%13.4%34124
$183.00Sep 4Oct 926.1%23.4%11.6%3956
$189.00Sep 4Sep 1125.0%22.4%11.4%1255

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 4.37)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$189.00$190.00Oct 2$0.15$0.85$0.1542%5.67$189.15
$177.00$177.50Sep 4$0.33$0.17$0.3396%0.52$177.33
$180.00$181.00Sep 18$0.58$0.42$0.5874%0.72$180.58
$191.00$192.00Oct 2$0.21$0.79$0.2136%3.76$191.21
$186.00$187.00Sep 11$0.36$0.64$0.3651%1.78$186.36
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$200.00$181.00Oct 2$11.35$7.65$11.3585%0.67$188.65
$184.00$183.00Sep 25$0.20$0.80$0.2042%4.00$183.80
$180.00$179.00Sep 25$0.11$0.89$0.1130%8.09$179.89
$169.00$165.00Oct 2$0.22$3.78$0.2212%17.18$168.78
$185.00$184.00Sep 18$0.27$0.73$0.2745%2.70$184.73

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 120 found (best R:R 1.86, avg 0.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$190.00$191.00Oct 2$0.65$0.65$0.3560%1.86$190.65
$187.00$188.00Sep 11$0.66$0.66$0.3454%1.94$187.66
$193.00$195.00Oct 2$0.68$0.68$1.3269%0.52$193.68
$190.00$191.00Sep 18$0.46$0.46$0.5465%0.85$190.46
$188.00$189.00Sep 18$0.54$0.54$0.4657%1.17$188.54
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$178.00$177.50Sep 25$0.29$0.29$0.2174%1.38$177.71
$181.00$180.00Sep 25$0.46$0.46$0.5466%0.85$180.54
$182.50$182.00Sep 25$0.31$0.31$0.1962%1.63$182.19
$177.00$176.00Sep 25$0.33$0.33$0.6777%0.49$176.67
$173.00$170.00Oct 9$0.59$0.59$2.4180%0.24$172.41

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $1.08, cheapest $1.02)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Sep 4Sep 11$1.0624.1%22.2%
$184.00Sep 4Sep 11$0.9325.0%23.2%
$185.00Sep 4Sep 11$0.9725.3%23.5%
$188.00Sep 4Sep 11$0.9624.1%22.7%
$187.00Sep 4Sep 11$1.1425.4%24.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$186.00Sep 4Sep 11$1.0224.1%22.2%
$184.00Sep 4Sep 11$1.0125.0%23.2%
$185.00Sep 4Sep 11$1.0825.3%23.5%
$187.50Sep 4Sep 11$0.9124.3%22.6%
$188.00Sep 4Sep 11$0.8424.1%22.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 95 found (cheapest 2.06% of stock, avg 5.21%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$187.00Sep 4$1.59$2.24$3.83$183.17$190.832.06%
$186.00Sep 4$2.03$1.84$3.87$182.13$189.872.08%
$187.50Sep 4$1.30$2.77$4.07$183.43$191.572.18%
$185.00Sep 4$2.66$1.47$4.13$180.87$189.132.22%
$188.00Sep 4$1.11$3.06$4.17$183.83$192.172.24%
$184.00Sep 4$3.35$1.07$4.42$179.58$188.422.37%
$189.00Sep 4$0.86$3.75$4.61$184.39$193.612.47%
$183.00Sep 4$4.05$0.85$4.90$178.10$187.902.63%
$190.00Sep 4$0.55$4.40$4.95$185.05$194.952.66%
$182.50Sep 4$4.45$0.77$5.22$177.28$187.722.80%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 0.71% of stock, avg 2.83%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$190.00$182.50Sep 4$0.55$0.77$1.32$181.18$191.32
$190.00$183.00Sep 4$0.55$0.85$1.40$181.60$191.40
$189.00$182.50Sep 4$0.86$0.77$1.63$180.87$190.63
$189.00$183.00Sep 4$0.86$0.85$1.71$181.29$190.71
$190.00$184.00Sep 4$0.55$1.07$1.62$182.38$191.62
$189.00$184.00Sep 4$0.86$1.07$1.93$182.07$190.93
$188.00$182.50Sep 4$1.11$0.77$1.88$180.62$189.88
$188.00$183.00Sep 4$1.11$0.85$1.96$181.04$189.96
$188.00$184.00Sep 4$1.11$1.07$2.18$181.82$190.18
$187.50$182.50Sep 4$1.30$0.77$2.07$180.43$189.57

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 206 found (best R:R 2.70, avg credit $0.47)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
180/181194/195Sep 25$0.73$0.2742%2.70$180.27$194.73
180/181191/192Sep 25$0.82$0.1833%4.56$180.18$191.82
176/177194/195Sep 25$0.60$0.4053%1.50$176.40$194.60
176/177191/192Sep 25$0.69$0.3143%2.23$176.31$191.69
180/181193/194Sep 25$0.71$0.2940%2.45$180.29$193.71
180/181195/196Sep 25$0.64$0.3645%1.78$180.36$195.64
180/181192/193Sep 25$0.72$0.2837%2.57$180.28$193.22
176/177192/193Oct 2$0.68$0.3241%2.13$176.32$192.68
169/170192/193Oct 2$0.56$0.4452%1.27$169.44$192.56
176/177193/194Sep 25$0.58$0.4250%1.38$176.42$193.58

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 $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$184.00$185.00$186.00Sep 4$0.06$0.9416%15.67
$195.00$197.50$200.00Sep 18$0.16$2.3411%14.62
$200.00$202.50$205.00Oct 2$0.11$2.397%21.73
$205.00$210.00$215.00Sep 25$0.12$4.884%40.67
$195.00$196.00$197.00Sep 11$0.06$0.946%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$155.00$160.00$165.00Sep 25$0.11$4.894%44.45
$188.00$189.00$190.00Sep 11$0.08$0.9210%11.50
$179.00$180.00$181.00Sep 11$0.07$0.937%13.29
$194.00$195.00$196.00Sep 11$0.06$0.945%15.67
$175.00$176.00$177.00Oct 2$0.06$0.944%15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 129 found (best net $-3.96, 121 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$195.00$197.501:2Sep 18-$0.11$2.39
$205.00$210.001:2Sep 25$0.00$5.00
$197.50$200.001:2Sep 18-$0.04$2.46
$210.00$215.001:2Sep 25-$0.09$4.91
$202.50$205.001:2Sep 4$0.00$2.50
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Sep 18-$3.96$6.04
$205.00$197.001:2Sep 4-$3.08$4.92
$165.00$160.001:2Sep 25-$0.19$4.81
$155.00$150.001:2Sep 25-$0.10$4.90
$167.00$165.001:2Sep 4$0.00$2.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 68 found (best yield 2.23%, avg 0.79%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$188.00Oct 2$4.150.450.9%2.23%3.11%22
$187.00Oct 2$4.500.480.3%2.41%2.76%--21
$187.50Oct 2$4.250.460.6%2.28%2.89%115
$190.00Oct 2$3.300.401.9%1.77%3.72%1419
$189.00Oct 2$3.550.421.4%1.90%3.32%--14
$191.00Oct 2$2.900.362.5%1.56%4.05%--42
$192.00Oct 2$2.470.343.0%1.33%4.35%17
$193.00Oct 2$2.270.313.6%1.22%4.78%23
$187.50Sep 25$3.600.450.6%1.93%2.54%--17
$187.00Sep 25$3.750.470.3%2.01%2.36%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 7,309
Total Puts 10,940
Put/Call Ratio 1.50
Net Difference -3,631

Prior's Put/Call Breakdown

Total Calls 4,076
Total Puts 21,936
Put/Call Ratio 5.38
Net Difference -17,860

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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