Tour v526
XLK
State StreetTechSelSectSPDRETF
$183.52 -1.60%
9/1 15:40

Option Volume

Detail
Current (09/01 3:40pm) 29,023
Calls: 12,244 (42%)
Puts: 16,779 (58%)
Prior (08/31) 20,193
Calls: 8,459 (42%)
Puts: 11,734 (58%)
Current vs Prior +43.73%
Calls: +44.75% (Calls)
Puts: +42.99% (Puts)
Prior 7-Day Total 175,337
Calls: 60,862 (35%)
Puts: 114,475 (65%)
Prior 7-Day Average 25,048
Calls: 8,694 (35%)
Puts: 16,353 (65%)
Current vs Prior 7-Day Avg +15.87%
Calls: +40.82%
Puts: +2.60%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/01 3:40pm) $27.76M
Calls: $22.35M (81%)
Puts: $5.41M (19%)
Prior (08/31) $27.89M
Calls: $18.97M (68%)
Puts: $8.91M (32%)
Current vs Prior -0.47%
Calls: +17.78%
Puts: -39.33%
Prior 7-Day Total $112.12M
Calls: $74.12M (66%)
Puts: $38.00M (34%)
Prior 7-Day Average $16.02M
Calls: $10.59M (66%)
Puts: $5.43M (34%)
Current vs Prior 7-Day Avg +73.29%
Calls: +111.04%
Puts: -0.37%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/01 3:40pm) 1.37
Prior (08/31) 1.39
Current vs Prior -1.21%
Prior 7-Day Average 2.15
Current vs Prior 7-Day Avg -36.21%
Sentiment BEARISH

Open Interest

Detail
Current (09/01 3:40pm) 755,513
Calls: 271,309 (36%)
Puts: 484,204 (64%)
Prior (08/31) 743,376
Calls: 267,719 (36%)
Puts: 475,657 (64%)
Current vs Prior +1.63%
Prior 7-Day Total 5,167,778
Calls: 1,920,221 (37%)
Puts: 3,247,557 (63%)
Prior 7-Day Average 738,254
Calls: 274,317 (37%)
Puts: 463,936 (63%)
Current vs Prior 7-Day Avg +2.34%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 2.39% | 3.53%4.56% | 7.64%
Prior 2.32% | 3.60%4.07% | 7.75%
Current vs Prior +3.03% | -1.86%+12.07% | -1.33%
Prior 7-Day Avg 2.52% | 3.91%4.46% | 7.78%
Current vs 7-Day Avg -5.07% | -9.60%+2.29% | -1.68%
Prior 7-Day Eod 2.32% | 3.60%4.07% | 7.75%
Current vs 7-Day Eod +3.03% | -1.86%+12.07% | -1.33%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 14.32% | 16.29%
Calls: 11.16% | 14.71%
Puts: 17.48% | 17.86%
Prior 60.88% | 46.20%
Calls: 66.50% | 49.32%
Puts: 55.26% | 43.09%
Current vs Prior -76.48% | -64.74%
Prior 7-Day Avg 47.85% | 38.86%
Calls: 46.78% | 36.37%
Puts: 48.92% | 41.35%
Current vs 7-Day Avg -70.07% | -58.08%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 81% of dollar volume in calls ($22.35M) vs puts ($5.41M). Dollar volume significantly above 7-day average (73% higher). Bearish P/C ratio of 1.37 indicates protective positioning. Put-heavy open interest (484,204 puts vs 271,309 calls) suggests hedging or bearish 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 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
15:40BULLISHBEARISHBEARISH
15:35BULLISHBEARISHBEARISH
15:30BULLISHBEARISHBEARISH
15:25BULLISHBEARISHBEARISH
15:20BULLISHBEARISHBEARISH

📈 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 67 of results (avg 7.4%, best 4.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 1828.4529.85$29.154.8%50.952.8K
$190.00Oct 163.753.95$3.855.2%1110.36329
$150.00Sep 432.6534.40$33.535.2%8260.9866
$180.00Sep 186.356.70$6.535.4%60.652.8K
$150.00Oct 1633.7535.65$34.705.5%10.9369
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$176.00Sep 181.441.50$1.474.1%1.0K0.23261
$180.00Oct 164.704.90$4.804.2%720.40136
$170.00Oct 162.182.30$2.245.4%330.211.3K
$180.00Sep 182.362.50$2.435.8%400.353.2K
$183.00Oct 165.756.10$5.935.9%80.47103

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.75, cheapest $0.75)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Sep 180.700.79$0.7512.0%230.124.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 162 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$147.50Sep 1835.4537.60$36.535.9%--1.00708
$149.00Sep 1833.8036.10$34.956.6%--1.00168
$150.00Sep 1833.0035.10$34.056.2%--1.003.9K
$151.00Sep 1832.0034.15$33.086.5%--1.00299
$152.50Sep 1830.5532.65$31.606.6%--1.00597
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$192.00Sep 47.909.45$8.6817.9%21.006
$195.00Sep 410.2512.75$11.5021.7%21.00--
$200.00Sep 415.2517.45$16.3513.5%11.006
$196.00Sep 411.2513.55$12.4018.5%30.971
$191.00Sep 47.158.70$7.9319.5%--0.9761

Most actively traded options today. High liquidity = easy entry/exit. 337 active (total vol 14.7K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$189.00Sep 40.210.30$0.2634.6%1.3K0.12166
$155.00Sep 427.6529.30$28.485.8%8710.98223
$150.00Sep 432.6534.40$33.535.2%8260.9866
$186.00Sep 40.791.12$0.9634.4%5640.32117
$167.50Sep 415.6016.55$16.085.9%2370.988
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.620.93$0.7839.7%2.4K0.24649
$176.00Sep 181.441.50$1.474.1%1.0K0.23261
$174.00Sep 40.090.43$0.26130.8%6920.08251
$165.00Oct 20.841.23$1.0337.9%2710.1256
$184.00Sep 183.754.35$4.0514.8%2560.5113

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 16.8%, max 29.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 1632.2%24.8%29.8%4379
$179.00Sep 4Oct 1632.8%25.5%28.5%131
$182.50Sep 4Sep 2529.6%23.2%27.8%3232
$181.00Sep 4Oct 1631.2%24.4%27.5%--77
$182.00Sep 4Oct 1630.0%24.6%22.2%175
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 1632.2%24.8%29.8%2.4K785
$179.00Sep 4Oct 1632.8%25.5%28.5%71113
$181.00Sep 4Oct 1631.2%24.4%27.5%52163
$182.50Sep 4Oct 929.6%23.8%24.3%2060
$182.00Sep 4Oct 1630.0%24.6%22.2%64102

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 227 found (best R:R 1.22, avg 4.36)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$169.00$170.00Sep 4$0.63$0.37$0.6398%0.59$169.63
$179.00$180.00Sep 18$0.35$0.65$0.3568%1.86$179.35
$177.00$177.50Sep 4$0.17$0.33$0.1787%1.94$177.17
$180.00$181.00Oct 16$0.34$0.66$0.3460%1.94$180.34
$178.00$179.00Sep 11$0.50$0.50$0.5075%1.00$178.50
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$192.00$190.00Oct 16$0.90$1.10$0.9068%1.22$191.10
$185.00$183.00Oct 9$0.68$1.32$0.6852%1.94$184.32
$189.00$188.00Sep 18$0.45$0.55$0.4571%1.22$188.55
$189.00$188.00Oct 16$0.38$0.62$0.3862%1.63$188.62
$182.50$180.00Oct 9$0.82$1.68$0.8246%2.05$181.68

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 176 found (best R:R 0.24, avg 0.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$205.00$210.00Sep 4$0.98$0.98$4.0287%0.24$205.98
$185.00$192.00Oct 9$3.05$3.05$3.9552%0.77$188.05
$192.00$193.00Oct 16$0.57$0.57$0.4368%1.33$192.57
$189.00$190.00Oct 2$0.54$0.54$0.4665%1.17$189.54
$184.00$185.00Sep 25$0.68$0.68$0.3251%2.13$184.68
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$177.00$176.00Oct 16$0.58$0.58$0.4266%1.38$176.42
$177.00$176.00Oct 2$0.40$0.40$0.6069%0.67$176.60
$179.00$177.50Oct 2$0.61$0.61$0.8964%0.69$178.39
$183.00$182.50Oct 2$0.32$0.32$0.1853%1.78$182.68
$177.50$177.00Sep 25$0.22$0.22$0.2870%0.79$177.28

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $1.18, cheapest $1.95)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 18$1.9529.6%23.4%
$182.00Sep 4Sep 18$2.0030.0%24.6%
$186.00Sep 4Sep 11$0.9128.2%23.8%
$184.00Sep 4Sep 11$1.0829.3%25.3%
$183.00Sep 4Sep 11$1.0728.4%24.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 11$1.0329.6%24.7%
$182.00Sep 4Sep 11$1.0330.0%25.2%
$186.00Sep 4Sep 11$0.9128.2%23.8%
$184.00Sep 4Sep 11$1.0229.3%25.3%
$183.00Sep 4Sep 11$1.1328.4%24.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 127 found (cheapest 2.10% of stock, avg 5.74%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$184.00Sep 4$1.80$2.06$3.86$180.14$187.862.10%
$185.00Sep 4$1.29$2.60$3.89$181.11$188.892.12%
$183.00Sep 4$2.33$1.58$3.91$179.09$186.912.13%
$182.50Sep 4$2.63$1.44$4.07$178.43$186.572.22%
$186.00Sep 4$0.96$3.22$4.18$181.82$190.182.28%
$182.00Sep 4$3.00$1.27$4.27$177.73$186.272.33%
$187.00Sep 4$0.61$3.97$4.58$182.42$191.582.50%
$181.00Sep 4$3.70$0.99$4.69$176.31$185.692.56%
$187.50Sep 4$0.49$4.72$5.21$182.29$192.712.84%
$180.00Sep 4$4.47$0.78$5.25$174.75$185.252.86%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.69% of stock, avg 3.65%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$187.50$180.00Sep 4$0.49$0.78$1.27$178.73$188.77
$187.00$180.00Sep 4$0.61$0.78$1.39$178.61$188.39
$187.50$181.00Sep 4$0.49$0.99$1.48$179.52$188.98
$187.00$181.00Sep 4$0.61$0.99$1.60$179.40$188.60
$186.00$180.00Sep 4$0.96$0.78$1.74$178.26$187.74
$186.00$181.00Sep 4$0.96$0.99$1.95$179.05$187.95
$187.50$182.00Sep 4$0.49$1.27$1.76$180.24$189.26
$187.00$182.00Sep 4$0.61$1.27$1.88$180.12$188.88
$186.00$182.00Sep 4$0.96$1.27$2.23$179.77$188.23
$187.50$182.50Sep 4$0.49$1.44$1.93$180.57$189.43

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 261 found (best R:R 4.00, avg credit $0.50)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
170/171192/193Oct 16$0.80$0.2046%4.00$170.20$192.80
171/172192/193Oct 16$0.78$0.2244%3.55$171.22$192.78
174/175192/193Oct 16$0.83$0.1739%4.88$174.17$192.83
172/173192/193Oct 16$0.78$0.2242%3.55$172.22$192.78
173/174192/193Oct 16$0.72$0.2841%2.57$173.28$192.72
174/175191/192Sep 25$0.63$0.3749%1.70$174.37$191.63
176/177195/196Oct 2$0.62$0.3849%1.63$176.38$195.62
175/176195/196Oct 9$0.64$0.3647%1.78$175.36$195.64
174/175193/194Sep 25$0.56$0.4454%1.27$174.44$193.56
174/175191/192Sep 18$0.53$0.4757%1.13$174.47$191.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 119 found (best R:R 44.45, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$205.00$210.00$215.00Oct 16$0.14$4.866%34.71
$200.00$202.50$205.00Sep 25$0.05$2.454%49.00
$180.00$181.00$182.00Sep 4$0.07$0.9312%13.29
$210.00$215.00$220.00Oct 16$0.09$4.913%54.56
$200.00$205.00$210.00Oct 16$0.28$4.7210%16.86
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 9$0.11$4.8910%44.45
$155.00$160.00$165.00Oct 16$0.13$4.878%37.46
$160.00$165.00$170.00Oct 16$0.21$4.7910%22.81
$183.00$184.00$185.00Sep 4$0.06$0.9417%15.67
$184.00$185.00$186.00Sep 4$0.08$0.9217%11.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 159 found (best net $-1.40, 147 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$180.00$183.001:2Sep 11-$1.40$1.60
$200.00$205.001:2Oct 16-$0.06$4.94
$205.00$210.001:2Oct 16-$0.06$4.94
$205.00$220.001:2Sep 11-$0.06$14.94
$210.00$215.001:2Oct 16-$0.06$4.94
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$165.00$160.001:2Oct 2-$0.23$4.77
$165.00$160.001:2Sep 25-$0.15$4.85
$165.00$160.001:2Oct 9-$0.37$4.63
$169.00$165.001:2Sep 25-$0.37$3.63
$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. 99 found (best yield 3.54%, avg 0.95%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$184.00Oct 16$6.500.500.3%3.54%3.80%738
$185.00Oct 16$5.600.480.8%3.05%3.86%115116
$186.00Oct 16$5.150.461.4%2.81%4.16%10917
$187.00Oct 16$4.650.431.9%2.53%4.43%8673
$188.00Oct 16$4.250.412.4%2.32%4.76%73152
$190.00Oct 16$3.750.363.5%2.04%5.57%111329
$189.00Oct 16$3.850.383.0%2.10%5.08%112
$184.00Oct 9$5.500.500.3%3.00%3.26%2--
$185.00Oct 9$4.900.480.8%2.67%3.48%2--
$191.00Oct 16$3.050.344.1%1.66%5.74%--71

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 12,244
Total Puts 16,779
Put/Call Ratio 1.37
Net Difference -4,535

Prior's Put/Call Breakdown

Total Calls 8,459
Total Puts 11,734
Put/Call Ratio 1.39
Net Difference -3,275

Prior 7-Day Put/Call Summary

Total Calls 60,862
Total Puts 114,475
Average Put/Call Ratio 2.15
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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