Tour v526
XLK
State StreetTechSelSectSPDRETF
$185.83 +0.08%
8/31 14:40

Option Volume

Detail
Current (08/31 2:40pm) 18,703
Calls: 7,673 (41%)
Puts: 11,030 (59%)
Prior (08/28) 26,616
Calls: 4,223 (16%)
Puts: 22,393 (84%)
Current vs Prior -29.73%
Calls: +81.70% (Calls)
Puts: -50.74% (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 -29.50%
Calls: -11.78%
Puts: -38.14%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 2:40pm) $26.11M
Calls: $17.68M (68%)
Puts: $8.44M (32%)
Prior (08/28) $12.96M
Calls: $5.12M (40%)
Puts: $7.84M (60%)
Current vs Prior +101.53%
Calls: +245.07%
Puts: +7.69%
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 +75.44%
Calls: +98.35%
Puts: +41.26%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31 2:40pm) 1.44
Prior (08/28) 5.30
Current vs Prior -72.89%
Prior 7-Day Average 2.32
Current vs Prior 7-Day Avg -37.98%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 2:40pm) 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 2.45% | 3.53%4.44% | 7.24%
Prior 2.92% | 4.37%4.41% | 7.93%
Current vs Prior -15.93% | -19.27%+0.66% | -8.69%
Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%
Current vs 7-Day Avg +2.16% | -10.73%+8.52% | -5.68%
Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%
Current vs 7-Day Eod -15.93% | -19.27%+0.66% | -8.69%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 18.34% | 21.92%
Calls: 17.65% | 16.22%
Puts: 19.02% | 27.62%
Prior 39.08% | 58.16%
Calls: 51.27% | 68.72%
Puts: 26.89% | 47.61%
Current vs Prior -53.07% | -62.31%
Prior 7-Day Avg 55.88% | 39.81%
Calls: 57.13% | 38.88%
Puts: 54.63% | 40.74%
Current vs 7-Day Avg -67.18% | -44.94%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($17.68M). Massive premium surge with dollar volume up 102% vs prior. Dollar volume significantly above 7-day average (75% higher). Bearish P/C ratio of 1.44 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
14:40BULLISHBEARISHBEARISH
14:35BULLISHBEARISHBEARISH
14:30BULLISHBEARISHBEARISH
14:25BULLISHBEARISHBEARISH
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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 6.4%, best 2.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 1835.9536.85$36.402.5%90.983.9K
$152.50Sep 1833.4034.50$33.953.2%10.98598
$156.00Sep 429.5530.60$30.083.5%3071.0010
$160.00Sep 1826.1527.10$26.633.6%60.97682
$150.00Sep 435.5036.80$36.153.6%3020.9915
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 423.4024.55$23.984.8%181.00--
$210.00Sep 1823.4024.80$24.105.8%71.007
$205.00Sep 418.4519.60$19.026.0%201.00--
$207.50Sep 420.8522.25$21.556.5%21.00--
$190.00Sep 114.955.30$5.136.8%10.71280

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.74, cheapest $0.44)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$197.50Sep 180.410.48$0.4415.9%140.111.2K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$179.00Sep 110.790.89$0.8411.9%580.1818
$175.00Sep 180.861.00$0.9315.1%130.158.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 138 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$156.00Sep 429.5530.60$30.083.5%3071.0010
$157.00Sep 428.5029.65$29.084.0%871.005
$157.50Sep 427.8529.20$28.534.7%881.006
$158.00Sep 427.4528.60$28.034.1%411.001
$160.00Sep 425.4526.65$26.054.6%771.0022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$193.00Sep 46.707.55$7.1311.9%21.003
$197.00Sep 410.1511.95$11.0516.3%11.002
$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--

Most actively traded options today. High liquidity = easy entry/exit. 260 active (total vol 7.0K, top 449)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 110.260.40$0.3342.4%3690.102.1K
$156.00Sep 429.5530.60$30.083.5%3071.0010
$150.00Sep 435.5036.80$36.153.6%3020.9915
$155.00Sep 430.5531.95$31.254.5%2770.99--
$162.50Sep 423.1024.15$23.634.4%2700.993
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 40.981.36$1.1732.5%800.3484

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 19 strikes (avg 10.4%, max 18.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2527.6%23.2%18.9%2182
$184.00Sep 4Sep 2526.6%23.1%15.6%9675
$182.50Sep 4Sep 2527.2%23.9%14.0%1233
$181.00Sep 4Sep 2528.1%25.3%11.0%--232
$185.00Sep 4Oct 225.1%22.7%10.5%9761
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.00Sep 4Sep 2527.6%23.2%18.9%6288
$184.00Sep 4Sep 2526.6%23.1%15.6%99248
$181.00Sep 4Oct 228.1%24.6%14.4%34124
$183.00Sep 4Oct 926.4%23.4%12.7%3956
$182.50Sep 4Oct 927.2%24.2%12.3%1040

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 150 found (best R:R 1.50, avg 4.39)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$180.00$181.00Sep 18$0.40$0.60$0.4073%1.50$180.40
$189.00$190.00Oct 2$0.15$0.85$0.1542%5.67$189.15
$182.50$183.00Sep 18$0.13$0.37$0.1365%2.85$182.63
$191.00$192.00Oct 2$0.21$0.79$0.2136%3.76$191.21
$179.00$180.00Sep 25$0.63$0.37$0.6372%0.59$179.63
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$188.00$181.00Oct 2$2.70$4.30$2.7055%1.59$185.30
$184.00$183.00Sep 25$0.20$0.80$0.2042%4.00$183.80
$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
$192.50$192.00Sep 11$0.27$0.23$0.2784%0.85$192.23

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 0.46)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$190.00$191.00Oct 2$0.65$0.65$0.3560%1.86$190.65
$186.00$187.00Sep 11$0.74$0.74$0.2648%2.85$186.74
$186.00$187.00Sep 25$0.65$0.65$0.3550%1.86$186.65
$186.00$187.00Oct 2$0.65$0.65$0.3550%1.86$186.65
$195.00$197.50Sep 18$0.42$0.42$2.0882%0.20$195.42
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$181.00$180.00Sep 25$0.50$0.50$0.5067%1.00$180.50
$178.00$177.50Sep 25$0.29$0.29$0.2174%1.38$177.71
$182.50$182.00Sep 25$0.31$0.31$0.1963%1.63$182.19
$173.00$170.00Oct 9$0.59$0.59$2.4180%0.24$172.41
$183.00$182.50Sep 25$0.28$0.28$0.2261%1.27$182.72

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $1.04, cheapest $0.85)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.00Sep 4Sep 11$0.8525.4%22.2%
$184.00Sep 4Sep 11$0.9826.6%23.5%
$188.00Sep 4Sep 11$0.8524.5%21.9%
$186.00Sep 4Sep 11$1.1124.4%22.6%
$185.00Sep 4Sep 11$0.9825.1%23.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$187.00Sep 4Sep 11$1.0625.4%22.2%
$184.00Sep 4Sep 11$0.9126.6%23.5%
$188.00Sep 4Sep 11$0.8224.5%21.9%
$186.00Sep 4Sep 11$1.0224.4%22.6%
$187.50Sep 4Sep 11$0.8524.6%22.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 99 found (cheapest 2.11% of stock, avg 5.33%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$186.00Sep 4$2.09$1.84$3.93$182.07$189.932.11%
$187.00Sep 4$1.61$2.32$3.93$183.07$190.932.11%
$187.50Sep 4$1.34$2.78$4.12$183.38$191.622.22%
$185.00Sep 4$2.72$1.44$4.16$180.84$189.162.24%
$188.00Sep 4$1.16$3.06$4.22$183.78$192.222.27%
$189.00Sep 4$0.84$3.68$4.52$184.48$193.522.43%
$184.00Sep 4$3.40$1.17$4.57$179.43$188.572.46%
$190.00Sep 4$0.54$4.38$4.92$185.08$194.922.65%
$183.00Sep 4$4.13$0.85$4.98$178.02$187.982.68%
$182.50Sep 4$4.45$0.77$5.22$177.28$187.722.81%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 0.70% of stock, avg 2.84%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$190.00$182.50Sep 4$0.54$0.77$1.31$181.19$191.31
$190.00$183.00Sep 4$0.54$0.85$1.39$181.61$191.39
$189.00$182.50Sep 4$0.84$0.77$1.61$180.89$190.61
$189.00$183.00Sep 4$0.84$0.85$1.69$181.31$190.69
$190.00$184.00Sep 4$0.54$1.17$1.71$182.29$191.71
$189.00$184.00Sep 4$0.84$1.17$2.01$181.99$191.01
$188.00$182.50Sep 4$1.16$0.77$1.93$180.57$189.93
$188.00$183.00Sep 4$1.16$0.85$2.01$180.99$190.01
$188.00$184.00Sep 4$1.16$1.17$2.33$181.67$190.33
$190.00$185.00Sep 4$0.54$1.44$1.98$183.02$191.98

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 164 found (best R:R 4.56, avg credit $0.47)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
180/181193/194Sep 25$0.82$0.1839%4.56$180.18$193.82
180/181194/195Sep 25$0.74$0.2642%2.85$180.26$194.74
176/177192/193Oct 2$0.73$0.2741%2.70$176.27$192.73
169/170192/193Oct 2$0.61$0.3952%1.56$169.39$192.61
178/178191/192Sep 25$0.72$0.2840%2.57$177.28$191.72
176/177191/192Sep 25$0.69$0.3143%2.23$176.31$191.69
178/178192/192Sep 18$0.35$0.1551%2.33$177.65$192.35
175/176192/193Oct 2$0.67$0.3343%2.03$175.33$192.67
173/174191/192Sep 25$0.61$0.3949%1.56$173.39$191.61
180/181192/193Sep 25$0.72$0.2837%2.57$180.28$193.22

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 83 found (best R:R 11.50, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$190.00$191.00$192.00Sep 4$0.05$0.9511%19.00
$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
$188.00$189.00$190.00Sep 18$0.07$0.938%13.29
$194.00$195.00$196.00Sep 25$0.06$0.945%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$188.00$189.00$190.00Sep 4$0.08$0.9217%11.50
$185.00$186.00$187.00Sep 4$0.08$0.9216%11.50
$155.00$160.00$165.00Sep 25$0.11$4.894%44.45
$180.00$181.00$182.00Sep 4$0.05$0.958%19.00
$178.00$179.00$180.00Sep 11$0.06$0.946%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. 132 found (best net $-4.16, 124 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$195.00$197.501:2Sep 18-$0.02$2.48
$205.00$210.001:2Sep 25$0.00$5.00
$197.50$200.001:2Sep 18-$0.10$2.40
$191.00$192.001:2Sep 4-$0.07$0.93
$210.00$215.001:2Sep 25-$0.09$4.91
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$200.001:2Sep 18-$4.16$5.84
$205.00$197.001:2Sep 4-$3.08$4.92
$188.00$181.001:2Oct 2-$0.60$6.40
$165.00$160.001:2Sep 25-$0.19$4.81
$155.00$150.001:2Sep 25-$0.10$4.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 73 found (best yield 2.23%, avg 0.88%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$188.00Oct 2$4.150.451.2%2.23%3.40%22
$187.00Oct 2$4.500.480.6%2.42%3.05%--21
$186.00Oct 2$4.950.510.1%2.66%2.76%16
$187.50Oct 2$4.250.460.9%2.29%3.19%115
$190.00Oct 2$3.300.402.2%1.78%4.02%1419
$189.00Oct 2$3.550.421.7%1.91%3.62%--14
$191.00Oct 2$2.900.362.8%1.56%4.34%--42
$186.00Sep 25$4.500.510.1%2.42%2.51%7288
$192.00Oct 2$2.470.343.3%1.33%4.65%17
$188.00Sep 25$3.450.441.2%1.86%3.02%19

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 7,673
Total Puts 11,030
Put/Call Ratio 1.44
Net Difference -3,357

Prior's Put/Call Breakdown

Total Calls 4,223
Total Puts 22,393
Put/Call Ratio 5.30
Net Difference -18,170

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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