Tour v526
XLK
State StreetTechSelSectSPDRETF
$182.66 -0.54%
9/2 10:00

Option Volume

Detail
Current (09/02 10:00am) 3,263
Calls: 656 (20%)
Puts: 2,607 (80%)
Prior (08/31) 2,900
Calls: 779 (27%)
Puts: 2,121 (73%)
Current vs Prior +12.52%
Calls: -15.79% (Calls)
Puts: +22.91% (Puts)
Prior 7-Day Total 182,188
Calls: 66,927 (37%)
Puts: 115,261 (63%)
Prior 7-Day Average 26,026
Calls: 9,561 (37%)
Puts: 16,465 (63%)
Current vs Prior 7-Day Avg -87.46%
Calls: -93.14%
Puts: -84.17%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 10:00am) $646.5K
Calls: $433.0K (67%)
Puts: $213.6K (33%)
Prior (08/31) $684.6K
Calls: $312.0K (46%)
Puts: $372.7K (54%)
Current vs Prior -5.57%
Calls: +38.78%
Puts: -42.69%
Prior 7-Day Total $128.49M
Calls: $89.76M (70%)
Puts: $38.73M (30%)
Prior 7-Day Average $18.36M
Calls: $12.82M (70%)
Puts: $5.53M (30%)
Current vs Prior 7-Day Avg -96.48%
Calls: -96.62%
Puts: -96.14%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 10:00am) 3.97
Prior (08/31) 2.72
Current vs Prior +45.96%
Prior 7-Day Average 1.98
Current vs Prior 7-Day Avg +100.58%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 10:00am) 768,134
Calls: 276,846 (36%)
Puts: 491,288 (64%)
Prior (08/31) 743,376
Calls: 267,719 (36%)
Puts: 475,657 (64%)
Current vs Prior +3.33%
Prior 7-Day Total 5,093,480
Calls: 1,883,670 (37%)
Puts: 3,209,810 (63%)
Prior 7-Day Average 727,640
Calls: 269,095 (37%)
Puts: 458,544 (63%)
Current vs Prior 7-Day Avg +5.57%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 2.16% | 3.33%4.30% | 7.35%
Prior 2.89% | 3.80%4.89% | 8.18%
Current vs Prior -25.26% | -12.43%-12.11% | -10.17%
Prior 7-Day Avg 2.48% | 3.83%5.02% | 8.03%
Current vs 7-Day Avg -13.08% | -12.99%-14.46% | -8.40%
Prior 7-Day Eod 2.89% | 3.80%4.89% | 8.18%
Current vs 7-Day Eod -25.26% | -12.43%-12.11% | -10.17%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 38.69% | 38.52%
Calls: 52.24% | 39.82%
Puts: 25.14% | 37.23%
Prior 117.05% | 53.95%
Calls: 136.96% | 31.31%
Puts: 97.14% | 76.60%
Current vs Prior -66.95% | -28.60%
Prior 7-Day Avg 60.74% | 42.81%
Calls: 63.12% | 37.36%
Puts: 58.36% | 48.26%
Current vs 7-Day Avg -36.30% | -10.02%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 67% call dollar volume ($433.0K). Extreme bearish P/C ratio of 3.97 - heavy put buying. P/C ratio rising 46% - increased hedging/bearish positioning. Put-heavy open interest (491,288 puts vs 276,846 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 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
10:00BULLISHBEARISHBEARISH
09:55BULLISHBEARISHBEARISH
09:50BULLISHBEARISHBEARISH
09:45BEARISHBEARISHBEARISH
09:40BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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 38 of results (avg 6.8%, best 4.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.00Sep 425.4026.50$25.954.2%221.00112
$157.50Sep 424.8026.00$25.404.7%81.00115
$150.00Sep 1832.4534.10$33.285.0%--0.983.9K
$150.00Sep 432.2533.95$33.105.1%--0.99168
$155.00Sep 1827.7529.25$28.505.3%--0.972.8K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Oct 1616.9518.35$17.657.9%--0.85158
$200.00Sep 1816.4017.80$17.108.2%--1.00128

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 140 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.00Sep 425.4026.50$25.954.2%221.00112
$157.50Sep 424.8026.00$25.404.7%81.00115
$158.00Sep 424.2025.75$24.986.2%141.00108
$160.00Sep 422.1523.75$22.957.0%331.0065
$156.00Sep 426.3027.95$27.136.1%--1.00189
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$189.00Sep 45.406.90$6.1524.4%--1.0010
$190.00Sep 46.357.95$7.1522.4%31.00202
$191.00Sep 47.208.95$8.0721.7%--1.0061
$192.00Sep 48.159.85$9.0018.9%11.005
$200.00Sep 1816.4017.80$17.108.2%--1.00128

Most actively traded options today. High liquidity = easy entry/exit. 86 active (total vol 3.2K, top 2.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$187.00Sep 40.230.30$0.2725.9%3250.14146
$185.00Sep 40.591.00$0.8051.2%360.32757
$159.00Sep 423.2524.75$24.006.2%331.0041
$160.00Sep 422.1523.75$22.957.0%331.0065
$157.00Sep 425.4026.50$25.954.2%221.00112
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.520.88$0.7051.4%2.3K0.252.7K
$171.00Sep 40.010.08$0.05140.0%400.0276
$175.00Oct 22.202.76$2.4822.6%290.27151
$159.00Sep 40.000.03$0.02150.0%180.0130
$172.00Sep 40.010.29$0.15186.7%170.0584

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 17 strikes (avg 27.0%, max 41.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$181.00Sep 4Oct 1634.1%24.1%41.6%--77
$182.00Sep 4Oct 1633.7%24.0%40.7%--76
$183.00Sep 4Oct 1632.5%23.6%37.9%4155
$179.00Sep 4Oct 1632.8%24.7%32.7%--32
$180.00Sep 4Oct 1632.4%24.5%32.4%1381
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$181.00Sep 4Oct 1634.1%24.1%41.6%8174
$182.00Sep 4Oct 1633.7%24.0%40.7%1110
$183.00Sep 4Oct 1632.5%23.6%37.9%14190
$179.00Sep 4Oct 1632.8%24.7%32.7%--117
$180.00Sep 4Oct 1632.4%24.5%32.4%2.3K2.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 185 found (best R:R 0.74, avg 4.15)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$180.00$181.00Oct 16$0.29$0.71$0.2959%2.45$180.29
$185.00$186.00Sep 11$0.20$0.80$0.2040%4.00$185.20
$185.00$186.00Sep 25$0.29$0.71$0.2944%2.45$185.29
$180.00$181.00Sep 18$0.50$0.50$0.5064%1.00$180.50
$190.00$191.00Oct 16$0.22$0.78$0.2235%3.55$190.22
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$190.00$186.00Sep 25$2.30$1.70$2.3073%0.74$187.70
$191.00$190.00Sep 18$0.47$0.53$0.4780%1.13$190.53
$186.00$185.00Sep 4$0.47$0.53$0.4782%1.13$185.53
$185.00$184.00Sep 25$0.27$0.73$0.2757%2.70$184.73
$187.50$187.00Sep 11$0.13$0.37$0.1375%2.85$187.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 146 found (best R:R 3.00, avg 0.46)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$184.00$185.00Sep 25$0.75$0.75$0.2553%3.00$184.75
$194.00$195.00Oct 16$0.46$0.46$0.5474%0.85$194.46
$184.00$185.00Sep 11$0.65$0.65$0.3554%1.86$184.65
$189.00$190.00Oct 16$0.57$0.57$0.4362%1.33$189.57
$186.00$187.00Sep 25$0.58$0.58$0.4260%1.38$186.58
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$180.00$179.00Sep 11$0.51$0.51$0.4966%1.04$179.49
$174.00$173.00Oct 16$0.41$0.41$0.5972%0.69$173.59
$178.00$177.50Sep 18$0.29$0.29$0.2170%1.38$177.71
$163.00$162.50Sep 4$0.11$0.11$0.3997%0.28$162.89
$181.00$180.00Sep 4$0.38$0.38$0.6267%0.61$180.62

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 11 found (avg debit $1.30, cheapest $2.38)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.00Sep 4Sep 18$2.3833.7%23.8%
$181.00Sep 4Sep 18$2.1934.1%24.3%
$183.00Sep 4Sep 11$0.9832.5%24.3%
$182.50Sep 4Sep 18$2.1430.5%23.9%
$185.00Sep 4Sep 11$0.9327.1%22.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$181.00Sep 4Sep 11$0.7934.1%24.4%
$182.00Sep 4Sep 11$0.9033.7%24.9%
$183.00Sep 4Sep 11$0.9132.5%24.3%
$182.50Sep 4Sep 11$0.9830.5%24.0%
$184.00Sep 4Sep 11$0.8827.7%23.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 106 found (cheapest 1.93% of stock, avg 5.66%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$184.00Sep 4$1.18$2.34$3.52$180.48$187.521.93%
$182.50Sep 4$2.11$1.48$3.59$178.91$186.091.97%
$183.00Sep 4$1.80$1.83$3.63$179.37$186.631.99%
$182.00Sep 4$2.32$1.44$3.76$178.24$185.762.06%
$185.00Sep 4$0.80$3.08$3.88$181.12$188.882.12%
$186.00Sep 4$0.48$3.55$4.03$181.97$190.032.21%
$181.00Sep 4$3.01$1.08$4.09$176.91$185.092.24%
$180.00Sep 4$3.78$0.70$4.48$175.52$184.482.45%
$187.00Sep 4$0.27$4.43$4.70$182.30$191.702.57%
$179.00Sep 4$4.60$0.49$5.09$173.91$184.092.79%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.53% of stock, avg 3.33%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$187.00$180.00Sep 4$0.27$0.70$0.97$179.03$187.97
$187.50$180.00Sep 4$0.39$0.70$1.09$178.91$188.59
$186.00$180.00Sep 4$0.48$0.70$1.18$178.82$187.18
$185.00$180.00Sep 4$0.80$0.70$1.50$178.50$186.50
$187.00$181.00Sep 4$0.27$1.08$1.35$179.65$188.35
$186.00$181.00Sep 4$0.48$1.08$1.56$179.44$187.56
$187.50$181.00Sep 4$0.39$1.08$1.47$179.53$188.97
$185.00$181.00Sep 4$0.80$1.08$1.88$179.12$186.88
$184.00$180.00Sep 4$1.18$0.70$1.88$178.12$185.88
$187.00$182.00Sep 4$0.27$1.44$1.71$180.29$188.71

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 202 found (best R:R 2.33, avg credit $0.50)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
179/180191/192Sep 11$0.70$0.3053%2.33$179.30$191.70
179/180187/188Sep 11$0.83$0.1737%4.88$179.17$187.83
179/180189/190Sep 11$0.73$0.2747%2.70$179.27$189.73
174/175190/191Oct 2$0.77$0.2342%3.35$174.23$190.77
162/163188/188Sep 4$0.28$0.2281%1.27$162.72$187.78
179/180188/189Sep 11$0.72$0.2842%2.57$179.28$188.72
173/174191/192Oct 16$0.75$0.2539%3.00$173.25$191.75
175/176190/191Oct 2$0.74$0.2640%2.85$175.26$190.74
179/180186/187Sep 11$0.81$0.1932%4.26$179.19$186.81
169/170190/191Oct 2$0.58$0.4252%1.38$169.42$190.58

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 89 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$172.50$175.00$177.50Sep 18$0.11$2.3913%21.73
$205.00$210.00$215.00Oct 16$0.09$4.916%54.56
$184.00$185.00$186.00Sep 4$0.06$0.9419%15.67
$150.00$160.00$170.00Oct 16$0.80$9.2016%11.50
$180.00$181.00$182.00Sep 4$0.08$0.9216%11.50
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 16$0.06$4.9411%82.33
$192.50$195.00$197.50Sep 18$0.07$2.4310%34.71
$150.00$155.00$160.00Oct 16$0.09$4.915%54.56
$188.00$189.00$190.00Sep 11$0.05$0.9511%19.00
$189.00$190.00$191.00Sep 11$0.05$0.957%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. 150 found (best net $-7.10, 142 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Oct 16-$7.10$2.90
$180.00$183.001:2Sep 11-$0.76$2.24
$172.50$177.001:2Sep 11-$3.12$1.38
$205.00$210.001:2Oct 16-$0.09$4.91
$200.00$205.001:2Sep 25-$0.03$4.97
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$180.00$175.001:2Oct 9-$1.24$3.76
$165.00$160.001:2Sep 25-$0.15$4.85
$165.00$160.001:2Oct 16-$0.45$4.55
$169.00$165.001:2Sep 25-$0.32$3.68
$174.00$170.001:2Oct 2-$0.71$3.29

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 88 found (best yield 3.15%, avg 0.88%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$184.00Oct 16$5.750.490.7%3.15%3.88%--39
$185.00Oct 16$5.250.471.3%2.87%4.16%1111
$183.00Oct 16$6.100.520.2%3.34%3.53%--103
$186.00Oct 16$4.750.451.8%2.60%4.43%223
$187.00Oct 16$4.300.422.4%2.35%4.73%--75
$188.00Oct 16$3.850.402.9%2.11%5.03%12160
$189.00Oct 16$3.550.383.5%1.94%5.41%--13
$190.00Oct 16$3.250.354.0%1.78%5.80%7436
$191.00Oct 16$2.730.334.6%1.49%6.06%--71
$193.00Oct 16$2.280.295.7%1.25%6.91%--570

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 656
Total Puts 2,607
Put/Call Ratio 3.97
Net Difference -1,951

Prior's Put/Call Breakdown

Total Calls 779
Total Puts 2,121
Put/Call Ratio 2.72
Net Difference -1,342

Prior 7-Day Put/Call Summary

Total Calls 66,927
Total Puts 115,261
Average Put/Call Ratio 1.98
Ratio Trend Rising

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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