Tour v526
XLK
State StreetTechSelSectSPDRETF
$183.75 +0.06%
9/2 11:30

Option Volume

Detail
Current (09/02 11:30am) 6,982
Calls: 2,155 (31%)
Puts: 4,827 (69%)
Prior (08/31) 7,157
Calls: 2,509 (35%)
Puts: 4,648 (65%)
Current vs Prior -2.45%
Calls: -14.11% (Calls)
Puts: +3.85% (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 -73.17%
Calls: -77.46%
Puts: -70.68%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 11:30am) $3.40M
Calls: $2.52M (74%)
Puts: $883.6K (26%)
Prior (08/31) $3.80M
Calls: $2.64M (70%)
Puts: $1.15M (30%)
Current vs Prior -10.38%
Calls: -4.66%
Puts: -23.45%
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 -81.47%
Calls: -80.36%
Puts: -84.03%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 11:30am) 2.24
Prior (08/31) 1.85
Current vs Prior +20.91%
Prior 7-Day Average 1.98
Current vs Prior 7-Day Avg +13.05%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 11:30am) 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 2.05% | 3.29%4.48% | 7.31%
Prior 2.89% | 3.80%4.89% | 8.18%
Current vs Prior -29.10% | -13.38%-8.41% | -10.70%
Prior 7-Day Avg 2.48% | 3.83%5.02% | 8.03%
Current vs 7-Day Avg -17.54% | -13.93%-10.85% | -8.94%
Prior 7-Day Eod 2.89% | 3.80%4.89% | 8.18%
Current vs 7-Day Eod -29.10% | -13.38%-8.41% | -10.70%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 30.05% | 18.46%
Calls: 30.37% | 14.74%
Puts: 29.73% | 22.18%
Prior 117.05% | 53.95%
Calls: 136.96% | 31.31%
Puts: 97.14% | 76.60%
Current vs Prior -74.33% | -65.78%
Prior 7-Day Avg 60.74% | 42.81%
Calls: 63.12% | 37.36%
Puts: 58.36% | 48.26%
Current vs 7-Day Avg -50.53% | -56.88%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 74% call dollar volume ($2.52M). Extreme bearish P/C ratio of 2.24 - heavy put buying. 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 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
11:30BULLISHBEARISHBEARISH
11:25BULLISHBEARISHBEARISH
11:20BULLISHBEARISHBEARISH
11:15BULLISHBEARISHBEARISH
11:10BULLISHBEARISHBEARISH
11:05BULLISHBEARISHBEARISH
11:00BULLISHBEARISHBEARISH
10:55BULLISHBEARISHBEARISH
10:50BULLISHBEARISHBEARISH
10:45BULLISHBEARISHBEARISH
10:40BULLISHBEARISHBEARISH
10:35BULLISHBEARISHBEARISH
10:30BULLISHBEARISHBEARISH
10:25BULLISHBEARISHBEARISH
10:20BULLISHBEARISHBEARISH
10:15BULLISHBEARISHBEARISH
10:10BULLISHBEARISHBEARISH
10:05BULLISHBEARISHBEARISH
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 62 of results (avg 6.6%, best 3.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Sep 1814.2514.70$14.483.1%10.901.3K
$150.00Oct 1633.8534.95$34.403.2%--0.9570
$155.00Sep 1828.1529.25$28.703.8%21.002.8K
$160.00Oct 1624.4525.45$24.954.0%--0.9119
$150.00Sep 1832.8034.20$33.504.2%--1.003.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Oct 163.003.15$3.084.9%--0.292.2K
$178.00Oct 163.804.00$3.905.1%1510.3547
$200.00Oct 1616.7517.85$17.306.4%--0.84158
$174.00Oct 162.762.95$2.866.6%10.27154
$170.00Oct 162.012.17$2.097.7%50.201.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.60, cheapest $0.64)

CALLS (0)
No calls meet the criteria
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Sep 180.590.69$0.6415.6%--0.114.2K
$156.00Sep 180.160.19$0.1816.7%60.03444
$165.00Sep 250.570.64$0.6111.5%1910.0955
$160.00Oct 160.891.08$0.9919.2%20.10593

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 147 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 432.2534.00$33.135.3%--1.00168
$155.00Sep 427.4529.15$28.306.0%41.00262
$156.00Sep 426.5528.10$27.335.7%41.00189
$157.00Sep 425.4027.10$26.256.5%301.00112
$157.50Sep 424.9026.60$25.756.6%251.00115
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$192.50Sep 48.5010.10$9.3017.2%10.983
$192.00Sep 47.959.50$8.7317.8%50.975
$191.00Sep 47.158.65$7.9019.0%--0.9761
$200.00Sep 1816.1517.60$16.888.6%--0.96128
$190.00Sep 46.207.15$6.6814.2%30.95202

Most actively traded options today. High liquidity = easy entry/exit. 180 active (total vol 5.5K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$187.00Sep 40.340.48$0.4134.1%3340.19146
$162.50Sep 420.1521.65$20.907.2%1481.00111
$160.00Sep 422.4024.00$23.206.9%1431.0065
$162.00Sep 420.6022.10$21.357.0%1381.00109
$161.00Sep 421.4523.10$22.287.4%1101.0011
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.440.57$0.5125.5%2.4K0.212.7K
$165.00Sep 250.570.64$0.6111.5%1910.0955
$187.00Sep 185.105.80$5.4512.8%1620.64164
$178.00Oct 163.804.00$3.905.1%1510.3547
$172.00Oct 162.272.70$2.4917.3%1500.2491

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 16.1%, max 30.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 1630.3%24.0%26.2%1381
$181.00Sep 4Oct 1630.4%24.2%25.6%--77
$182.00Sep 4Oct 1629.8%24.2%23.4%176
$183.00Sep 4Oct 1628.7%23.7%21.1%17155
$182.50Sep 4Sep 2528.8%24.3%18.7%2234
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$179.00Sep 4Oct 1632.4%24.8%30.5%2117
$180.00Sep 4Oct 1630.3%24.0%26.2%2.4K2.9K
$181.00Sep 4Oct 1630.4%24.2%25.6%34174
$182.00Sep 4Oct 1629.8%24.2%23.4%2110
$183.00Sep 4Oct 1628.7%23.7%21.1%25190

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 192 found (best R:R 1.38, avg 4.06)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$159.00$160.00Sep 18$0.42$0.58$0.42100%1.38$159.42
$154.00$155.00Sep 18$0.65$0.35$0.65100%0.54$154.65
$179.00$180.00Sep 4$0.60$0.40$0.6087%0.67$179.60
$167.00$167.50Sep 4$0.30$0.20$0.30100%0.67$167.30
$177.50$178.00Sep 4$0.27$0.23$0.2790%0.85$177.77
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$188.00$187.50Sep 4$0.20$0.30$0.2086%1.50$187.80
$187.00$186.00Sep 18$0.40$0.60$0.4064%1.50$186.60
$185.00$184.00Oct 16$0.30$0.70$0.3052%2.33$184.70
$185.00$184.00Sep 18$0.32$0.68$0.3256%2.13$184.68
$180.00$179.00Sep 25$0.15$0.85$0.1537%5.67$179.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 148 found (best R:R 0.64, avg 0.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$193.00$194.00Oct 2$0.39$0.39$0.6177%0.64$193.39
$187.00$188.00Oct 16$0.59$0.59$0.4158%1.44$187.59
$185.00$186.00Oct 16$0.63$0.63$0.3753%1.70$185.63
$190.00$191.00Oct 2$0.45$0.45$0.5568%0.82$190.45
$186.00$187.00Sep 18$0.52$0.52$0.4860%1.08$186.52
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$179.00$178.00Oct 16$0.53$0.53$0.4762%1.13$178.47
$182.00$181.00Sep 25$0.58$0.58$0.4256%1.38$181.42
$177.00$176.00Oct 2$0.44$0.44$0.5669%0.79$176.56
$182.50$182.00Sep 18$0.36$0.36$0.1454%2.57$182.14
$167.00$165.00Sep 4$0.12$0.12$1.8897%0.06$166.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $1.33, cheapest $2.22)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.00Sep 4Sep 18$2.2229.8%23.8%
$183.00Sep 4Sep 11$1.2128.7%23.3%
$185.00Sep 4Sep 11$1.1428.2%23.8%
$182.50Sep 4Sep 18$1.9528.8%24.6%
$184.00Sep 4Sep 11$1.2628.0%24.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$183.00Sep 4Sep 11$1.0628.7%23.3%
$182.00Sep 4Sep 11$1.1129.8%24.6%
$182.50Sep 4Sep 11$1.1328.8%24.2%
$185.00Sep 4Sep 11$1.1728.2%23.8%
$184.00Sep 4Sep 11$1.0828.0%24.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 110 found (cheapest 1.74% of stock, avg 5.43%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$184.00Sep 4$1.34$1.85$3.19$180.81$187.191.74%
$185.00Sep 4$0.95$2.36$3.31$181.69$188.311.80%
$183.00Sep 4$1.91$1.41$3.32$179.68$186.321.81%
$182.50Sep 4$2.30$1.20$3.50$179.00$186.001.90%
$182.00Sep 4$2.61$1.06$3.67$178.33$185.672.00%
$186.00Sep 4$0.63$3.09$3.72$182.28$189.722.02%
$181.00Sep 4$3.33$0.76$4.09$176.91$185.092.23%
$187.00Sep 4$0.41$3.80$4.21$182.79$191.212.29%
$180.00Sep 4$4.18$0.51$4.69$175.31$184.692.55%
$187.50Sep 4$0.35$4.63$4.98$182.52$192.482.71%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.47% of stock, avg 3.32%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$187.50$180.00Sep 4$0.35$0.51$0.86$179.14$188.36
$187.00$180.00Sep 4$0.41$0.51$0.92$179.08$187.92
$186.00$180.00Sep 4$0.63$0.51$1.14$178.86$187.14
$187.50$181.00Sep 4$0.35$0.76$1.11$179.89$188.61
$187.00$181.00Sep 4$0.41$0.76$1.17$179.83$188.17
$186.00$181.00Sep 4$0.63$0.76$1.39$179.61$187.39
$185.00$180.00Sep 4$0.95$0.51$1.46$178.54$186.46
$187.50$182.00Sep 4$0.35$1.06$1.41$180.59$188.91
$187.00$182.00Sep 4$0.41$1.06$1.47$180.53$188.47
$185.00$181.00Sep 4$0.95$0.76$1.71$179.29$186.71

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 220 found (best R:R 4.88, avg credit $0.49)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
176/177193/194Oct 2$0.83$0.1746%4.88$176.17$193.83
176/177190/191Oct 2$0.89$0.1138%8.09$176.11$190.89
177/178192/193Sep 18$0.36$0.1456%2.57$177.14$192.86
170/171193/194Oct 2$0.54$0.4659%1.17$170.46$193.54
173/174189/190Sep 25$0.65$0.3547%1.86$173.35$189.65
178/179189/190Sep 18$0.71$0.2940%2.45$178.29$189.71
170/171190/191Oct 2$0.60$0.4050%1.50$170.40$190.60
175/176191/192Oct 16$0.74$0.2636%2.85$175.26$191.74
175/176193/194Oct 16$0.69$0.3140%2.23$175.31$193.69
175/176189/190Sep 25$0.67$0.3342%2.03$175.33$189.67

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 98 found (best R:R 21.73, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$195.00$197.50$200.00Sep 18$0.05$2.457%49.00
$150.00$160.00$170.00Oct 16$0.73$9.2714%12.70
$184.00$185.00$186.00Sep 4$0.07$0.9319%13.29
$200.00$205.00$210.00Sep 25$0.08$4.924%61.50
$200.00$205.00$210.00Oct 16$0.25$4.7510%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 16$0.22$4.7810%21.73
$183.00$184.00$185.00Sep 4$0.07$0.9319%13.29
$180.00$181.00$182.00Sep 4$0.05$0.9516%19.00
$192.50$195.00$197.50Sep 18$0.11$2.3911%21.73
$155.00$160.00$165.00Sep 25$0.10$4.905%49.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 147 found (best net $-7.51, 142 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Oct 16-$7.51$2.49
$180.00$183.001:2Sep 11-$1.19$1.81
$200.00$205.001:2Oct 16-$0.05$4.95
$205.00$210.001:2Oct 16$0.00$5.00
$200.00$205.001:2Sep 25-$0.05$4.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$180.00$175.001:2Oct 9-$1.24$3.76
$165.00$160.001:2Sep 25-$0.21$4.79
$169.00$165.001:2Sep 25-$0.31$3.69
$169.00$165.001:2Oct 2-$0.39$3.61
$162.50$160.001:2Sep 4-$0.01$2.49

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 85 found (best yield 3.07%, avg 0.90%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$185.00Oct 16$5.650.470.7%3.07%3.76%4111
$186.00Oct 16$4.950.451.2%2.69%3.92%323
$187.00Oct 16$4.550.421.8%2.48%4.24%175
$184.00Oct 16$5.750.500.1%3.13%3.27%--39
$189.00Oct 16$3.600.382.9%1.96%4.82%213
$190.00Oct 16$3.400.353.4%1.85%5.25%10436
$188.00Oct 16$3.850.402.3%2.10%4.41%12160
$191.00Oct 16$2.730.334.0%1.49%5.43%--71
$192.00Oct 16$2.380.304.5%1.30%5.79%--92
$193.00Oct 16$2.280.285.0%1.24%6.27%--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 2,155
Total Puts 4,827
Put/Call Ratio 2.24
Net Difference -2,672

Prior's Put/Call Breakdown

Total Calls 2,509
Total Puts 4,648
Put/Call Ratio 1.85
Net Difference -2,139

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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