Tour v526
XLK
State StreetTechSelSectSPDRETF
$183.38 -0.14%
9/2 11:50

Option Volume

Detail
Current (09/02 11:50am) 7,970
Calls: 3,019 (38%)
Puts: 4,951 (62%)
Prior (08/31) 8,864
Calls: 3,173 (36%)
Puts: 5,691 (64%)
Current vs Prior -10.09%
Calls: -4.85% (Calls)
Puts: -13.00% (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 -69.38%
Calls: -68.42%
Puts: -69.93%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 11:50am) $5.81M
Calls: $4.89M (84%)
Puts: $918.5K (16%)
Prior (08/31) $5.53M
Calls: $4.30M (78%)
Puts: $1.24M (22%)
Current vs Prior +5.06%
Calls: +13.90%
Puts: -25.68%
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 -68.33%
Calls: -61.83%
Puts: -83.40%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 11:50am) 1.64
Prior (08/31) 1.79
Current vs Prior -8.57%
Prior 7-Day Average 1.98
Current vs Prior 7-Day Avg -17.23%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 11:50am) 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 2.03% | 3.28%4.49% | 7.32%
Prior 2.89% | 3.80%4.89% | 8.18%
Current vs Prior -29.71% | -13.77%-8.22% | -10.52%
Prior 7-Day Avg 2.48% | 3.83%5.02% | 8.03%
Current vs 7-Day Avg -18.26% | -14.33%-10.67% | -8.76%
Prior 7-Day Eod 2.89% | 3.80%4.89% | 8.18%
Current vs 7-Day Eod -29.71% | -13.77%-8.22% | -10.52%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 25.16% | 18.39%
Calls: 29.32% | 14.61%
Puts: 20.99% | 22.18%
Prior 117.05% | 53.95%
Calls: 136.96% | 31.31%
Puts: 97.14% | 76.60%
Current vs Prior -78.50% | -65.91%
Prior 7-Day Avg 60.74% | 42.81%
Calls: 63.12% | 37.36%
Puts: 58.36% | 48.26%
Current vs 7-Day Avg -58.58% | -57.04%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 84% of dollar volume in calls ($4.89M) vs puts ($918.5K). Extreme bearish P/C ratio of 1.64 - 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
11:50BULLISHBEARISHBEARISH
11:45BULLISHBEARISHBEARISH
11:40BULLISHBEARISHBEARISH
11:35BULLISHBEARISHBEARISH
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 82 of results (avg 6.1%, best 2.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.50Sep 1826.1526.80$26.482.5%--0.971.3K
$160.00Oct 1624.6025.30$24.952.8%--0.9019
$150.00Oct 1634.0535.10$34.583.0%--0.9370
$157.00Sep 426.0026.85$26.433.2%381.00112
$165.00Sep 418.2018.80$18.503.2%31.0052
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 1811.5011.95$11.733.8%--0.90447
$200.00Oct 1616.9517.65$17.304.0%--0.85158
$170.00Oct 162.062.16$2.114.7%90.201.3K
$180.00Oct 164.554.80$4.685.3%250.40147
$185.00Sep 184.204.45$4.335.8%700.562.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 9 found (avg $0.80, cheapest $0.62)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$186.00Sep 40.560.68$0.6219.4%220.26668
$185.00Sep 40.860.95$0.919.9%640.35757
$192.00Sep 180.750.91$0.8319.3%30.185
$195.00Sep 250.720.87$0.8018.8%20.1536
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$178.00Sep 110.901.06$0.9816.3%--0.22681
$172.50Sep 180.780.91$0.8515.3%--0.151.2K
$170.00Sep 180.620.69$0.6610.6%40.114.2K
$165.00Sep 250.570.64$0.6111.5%1910.0955
$160.00Oct 160.941.01$0.987.1%40.10593

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 147 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.00Sep 426.0026.85$26.433.2%381.00112
$157.50Sep 425.3026.40$25.854.3%1651.00115
$156.00Sep 426.9027.85$27.383.5%411.00189
$158.00Sep 424.9026.00$25.454.3%1641.00108
$159.00Sep 424.0024.90$24.453.7%341.0041
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$191.00Sep 47.158.65$7.9019.0%--1.0061
$192.00Sep 48.059.40$8.7315.5%51.005
$192.50Sep 48.5010.10$9.3017.2%11.003
$190.00Sep 46.306.80$6.557.6%30.97202
$200.00Sep 1816.1517.60$16.888.6%--0.95128

Most actively traded options today. High liquidity = easy entry/exit. 194 active (total vol 6.3K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$187.00Sep 40.330.47$0.4035.0%3340.19146
$160.00Sep 423.0023.95$23.484.0%2021.0065
$161.00Sep 422.0522.85$22.453.6%1871.0011
$162.50Sep 420.5521.45$21.004.3%1701.00111
$162.00Sep 421.1521.90$21.533.5%1691.00109
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.450.56$0.5121.6%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 163.854.20$4.038.7%1530.3547
$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. 22 strikes (avg 16.3%, max 28.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$179.00Sep 4Oct 1632.1%25.0%28.5%--32
$180.00Sep 4Oct 1630.4%24.3%25.4%2381
$181.00Sep 4Oct 1630.6%24.4%25.4%--77
$182.00Sep 4Oct 1630.0%24.2%24.1%176
$183.00Sep 4Oct 1628.7%23.8%20.9%17155
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$179.00Sep 4Oct 1632.1%25.0%28.5%2117
$180.00Sep 4Oct 1630.4%24.3%25.4%2.4K2.9K
$181.00Sep 4Oct 1630.6%24.4%25.4%34174
$182.00Sep 4Oct 1630.0%24.2%24.1%14110
$182.50Sep 4Oct 929.0%23.8%22.0%180

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 191 found (best R:R 1.86, avg 3.94)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$159.00$160.00Sep 18$0.35$0.65$0.3596%1.86$159.35
$156.00$157.50Sep 18$1.00$0.50$1.0098%0.50$157.00
$154.00$155.00Sep 18$0.65$0.35$0.6597%0.54$154.65
$177.00$178.00Oct 16$0.40$0.60$0.4067%1.50$177.40
$179.00$180.00Sep 4$0.60$0.40$0.6084%0.67$179.60
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$190.00$189.00Sep 4$0.65$0.35$0.6597%0.54$189.35
$185.00$184.00Oct 16$0.25$0.75$0.2552%3.00$184.75
$185.00$184.00Sep 18$0.30$0.70$0.3056%2.33$184.70
$180.00$179.00Sep 18$0.10$0.90$0.1035%9.00$179.90
$190.00$189.00Oct 16$0.43$0.57$0.4365%1.33$189.57

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 144 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
$186.00$187.00Oct 2$0.55$0.55$0.4557%1.22$186.55
$190.00$191.00Sep 25$0.39$0.39$0.6172%0.64$190.39
$187.00$188.00Oct 16$0.54$0.54$0.4657%1.17$187.54
$184.00$185.00Oct 2$0.60$0.60$0.4051%1.50$184.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$177.50$177.00Sep 25$0.31$0.31$0.1970%1.63$177.19
$177.00$176.00Oct 2$0.44$0.44$0.5669%0.79$176.56
$182.50$182.00Sep 18$0.36$0.36$0.1455%2.57$182.14
$171.00$170.00Oct 16$0.33$0.33$0.6777%0.49$170.67
$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 $1.30, cheapest $1.00)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$183.00Sep 4Sep 11$1.1728.7%22.8%
$182.00Sep 4Sep 18$2.1930.0%24.1%
$182.50Sep 4Sep 18$1.9529.0%24.9%
$185.00Sep 4Sep 11$1.1727.3%23.8%
$184.00Sep 4Sep 11$1.2628.0%24.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 11$1.0029.0%23.0%
$183.00Sep 4Sep 11$0.9928.7%22.8%
$182.00Sep 4Sep 11$1.1030.0%24.6%
$185.00Sep 4Sep 11$1.0427.3%23.8%
$184.00Sep 4Sep 11$1.1228.0%24.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 110 found (cheapest 1.72% of stock, avg 5.44%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$184.00Sep 4$1.34$1.81$3.15$180.85$187.151.72%
$185.00Sep 4$0.91$2.41$3.32$181.68$188.321.81%
$183.00Sep 4$1.91$1.42$3.33$179.67$186.331.82%
$182.50Sep 4$2.30$1.20$3.50$179.00$186.001.91%
$182.00Sep 4$2.61$1.06$3.67$178.33$185.672.00%
$186.00Sep 4$0.62$3.09$3.71$182.29$189.712.02%
$181.00Sep 4$3.33$0.76$4.09$176.91$185.092.23%
$187.00Sep 4$0.40$3.85$4.25$182.75$191.252.32%
$180.00Sep 4$4.18$0.51$4.69$175.31$184.692.56%
$187.50Sep 4$0.35$4.55$4.90$182.60$192.402.67%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.47% of stock, avg 3.31%)

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$0.40$0.51$0.91$179.09$187.91
$186.00$180.00Sep 4$0.62$0.51$1.13$178.87$187.13
$187.50$181.00Sep 4$0.35$0.76$1.11$179.89$188.61
$187.00$181.00Sep 4$0.40$0.76$1.16$179.84$188.16
$186.00$181.00Sep 4$0.62$0.76$1.38$179.62$187.38
$185.00$180.00Sep 4$0.91$0.51$1.42$178.58$186.42
$187.50$182.00Sep 4$0.35$1.06$1.41$180.59$188.91
$187.00$182.00Sep 4$0.40$1.06$1.46$180.54$188.46
$185.00$181.00Sep 4$0.91$0.76$1.67$179.33$186.67

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 210 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$0.84$0.1638%5.25$176.16$190.84
173/174190/191Sep 25$0.68$0.3249%2.12$173.32$190.68
175/176190/191Sep 25$0.70$0.3045%2.33$175.30$190.70
178/178192/192Sep 11$0.30$0.2066%1.50$177.70$192.30
170/171193/194Oct 2$0.54$0.4659%1.17$170.46$193.54
178/179189/190Sep 18$0.72$0.2840%2.57$178.28$189.72
170/171191/192Oct 16$0.67$0.3344%2.03$170.33$191.67
177/178190/191Sep 25$0.70$0.3041%2.33$176.80$190.70
176/177189/190Oct 2$0.76$0.2435%3.17$176.24$189.76

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 109 found (best R:R 34.71, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$172.50$175.00$177.50Sep 18$0.07$2.4312%34.71
$170.00$172.50$175.00Sep 18$0.08$2.428%30.25
$195.00$197.50$200.00Sep 18$0.06$2.447%40.67
$185.00$186.00$187.00Sep 4$0.07$0.9316%13.29
$200.00$205.00$210.00Oct 16$0.26$4.7410%18.23
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 16$0.23$4.7711%20.74
$180.00$181.00$182.00Sep 4$0.05$0.9516%19.00
$150.00$155.00$160.00Oct 16$0.09$4.914%54.56
$184.00$185.00$186.00Sep 4$0.08$0.9219%11.50
$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 $-7.71, 143 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Oct 16-$7.71$2.29
$180.00$183.001:2Sep 11-$1.11$1.89
$200.00$205.001:2Oct 16-$0.04$4.96
$205.00$210.001:2Oct 16$0.00$5.00
$200.00$205.001:2Sep 25-$0.02$4.98
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$180.00$175.001:2Oct 9-$1.27$3.73
$165.00$160.001:2Sep 25-$0.21$4.79
$169.00$165.001:2Oct 2-$0.39$3.61
$169.00$165.001:2Sep 25-$0.31$3.69
$157.50$156.001:2Sep 18-$0.01$1.49

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 85 found (best yield 3.08%, avg 0.91%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$185.00Oct 16$5.650.470.9%3.08%3.96%4111
$186.00Oct 16$5.100.451.4%2.78%4.21%323
$187.00Oct 16$4.550.432.0%2.48%4.46%175
$184.00Oct 16$5.750.500.3%3.14%3.47%--39
$188.00Oct 16$4.050.402.5%2.21%4.73%12160
$189.00Oct 16$3.600.383.1%1.96%5.03%213
$190.00Oct 16$3.400.353.6%1.85%5.46%10436
$191.00Oct 16$2.730.334.2%1.49%5.64%--71
$184.00Oct 2$4.800.490.3%2.62%2.96%46
$193.00Oct 16$2.280.295.2%1.24%6.49%--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 3,019
Total Puts 4,951
Put/Call Ratio 1.64
Net Difference -1,932

Prior's Put/Call Breakdown

Total Calls 3,173
Total Puts 5,691
Put/Call Ratio 1.79
Net Difference -2,518

Prior 7-Day Put/Call Summary

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