Tour v526
XLK
State StreetTechSelSectSPDRETF
$183.61 -0.02%
9/2 12:00

Option Volume

Detail
Current (09/02 12:00pm) 8,848
Calls: 3,855 (44%)
Puts: 4,993 (56%)
Prior (08/31) 9,580
Calls: 3,804 (40%)
Puts: 5,776 (60%)
Current vs Prior -7.64%
Calls: +1.34% (Calls)
Puts: -13.56% (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 -66.00%
Calls: -59.68%
Puts: -69.68%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 12:00pm) $7.55M
Calls: $6.61M (88%)
Puts: $937.4K (12%)
Prior (08/31) $7.31M
Calls: $6.04M (83%)
Puts: $1.27M (17%)
Current vs Prior +3.26%
Calls: +9.39%
Puts: -25.99%
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 -58.87%
Calls: -48.43%
Puts: -83.06%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 12:00pm) 1.30
Prior (08/31) 1.52
Current vs Prior -14.70%
Prior 7-Day Average 1.98
Current vs Prior 7-Day Avg -34.63%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 12:00pm) 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 1.97% | 3.27%4.44% | 7.31%
Prior 2.89% | 3.80%4.89% | 8.18%
Current vs Prior -31.69% | -13.89%-9.12% | -10.64%
Prior 7-Day Avg 2.48% | 3.83%5.02% | 8.03%
Current vs 7-Day Avg -20.56% | -14.44%-11.54% | -8.88%
Prior 7-Day Eod 2.89% | 3.80%4.89% | 8.18%
Current vs 7-Day Eod -31.69% | -13.89%-9.12% | -10.64%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 28.11% | 18.39%
Calls: 29.32% | 14.61%
Puts: 26.90% | 22.18%
Prior 117.05% | 53.95%
Calls: 136.96% | 31.31%
Puts: 97.14% | 76.60%
Current vs Prior -75.98% | -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 -53.72% | -57.04%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 88% of dollar volume in calls ($6.61M) vs puts ($937.4K). Bearish P/C ratio of 1.30 indicates protective 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 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
12:00BULLISHBEARISHBEARISH
11:55BULLISHBEARISHBEARISH
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 78 of results (avg 6.0%, best 2.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.50Sep 1826.1526.70$26.422.1%--1.001.3K
$160.00Sep 1823.7024.30$24.002.5%--1.00676
$158.00Sep 425.1025.85$25.482.9%4211.00108
$160.00Oct 1624.6025.35$24.983.0%--0.9119
$150.00Oct 1634.0535.10$34.583.0%--0.9470
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Oct 1616.9517.65$17.304.0%--0.85158
$170.00Oct 162.062.18$2.125.7%90.201.3K
$180.00Oct 164.504.80$4.656.5%250.40147
$185.00Oct 166.557.00$6.786.6%--0.53120
$190.00Sep 187.257.75$7.506.7%210.764.9K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.80, cheapest $0.90)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$185.00Sep 40.840.95$0.9012.2%660.36757
$195.00Sep 180.380.45$0.4216.7%550.102.5K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$178.00Sep 110.901.06$0.9816.3%--0.22681
$170.00Sep 180.610.69$0.6512.3%40.114.2K
$172.50Sep 180.780.95$0.8719.5%--0.151.2K
$160.00Oct 160.941.01$0.987.1%40.10593

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 148 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Sep 432.5033.90$33.204.2%201.00168
$155.00Sep 427.8028.90$28.353.9%531.00262
$156.00Sep 426.9027.85$27.383.5%411.00189
$157.00Sep 426.0026.85$26.433.2%381.00112
$157.50Sep 425.5526.40$25.983.3%4221.00115
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$192.50Sep 48.5010.10$9.3017.2%10.983
$192.00Sep 48.059.40$8.7315.5%50.975
$191.00Sep 47.158.65$7.9019.0%--0.9761
$200.00Sep 1816.1517.60$16.888.6%--0.96128
$190.00Sep 46.256.85$6.559.2%30.95202

Most actively traded options today. High liquidity = easy entry/exit. 199 active (total vol 7.2K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.50Sep 425.5526.40$25.983.3%4221.00115
$158.00Sep 425.1025.85$25.482.9%4211.00108
$187.00Sep 40.330.46$0.4032.5%3340.19146
$161.00Sep 422.0522.85$22.453.6%2491.0011
$162.00Sep 421.1521.90$21.533.5%2311.00109
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.430.67$0.5543.6%2.4K0.212.7K
$165.00Sep 250.570.84$0.7138.0%1910.1055
$187.00Sep 185.105.80$5.4512.8%1620.64164
$178.00Oct 163.804.15$3.988.8%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. 21 strikes (avg 17.7%, max 34.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 1632.2%24.0%34.2%4381
$179.00Sep 4Oct 1632.6%24.8%31.2%--32
$181.00Sep 4Oct 1631.3%24.2%29.5%--77
$182.00Sep 4Oct 1630.4%23.9%27.3%176
$183.00Sep 4Oct 1629.2%23.6%23.7%17155
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 1632.2%24.0%34.2%2.4K2.9K
$179.00Sep 4Oct 1632.6%24.8%31.2%3117
$181.00Sep 4Oct 1631.3%24.2%29.5%34174
$182.00Sep 4Oct 1630.4%23.9%27.3%14110
$182.50Sep 4Oct 929.9%24.0%24.7%180

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 197 found (best R:R 0.82, avg 4.12)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$159.00$160.00Sep 18$0.55$0.45$0.5596%0.82$159.55
$154.00$155.00Sep 18$0.65$0.35$0.65100%0.54$154.65
$177.50$178.00Sep 4$0.22$0.28$0.2289%1.27$177.72
$173.00$175.00Oct 16$1.27$0.73$1.2775%0.57$174.27
$179.00$180.00Sep 4$0.65$0.35$0.6585%0.54$179.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$190.00$189.00Sep 4$0.65$0.35$0.6595%0.54$189.35
$179.00$177.50Oct 2$0.25$1.25$0.2536%5.00$178.75
$185.00$184.00Sep 18$0.30$0.70$0.3056%2.33$184.70
$185.00$184.00Oct 16$0.28$0.72$0.2853%2.57$184.72
$190.00$189.00Oct 16$0.43$0.57$0.4364%1.33$189.57

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 150 found (best R:R 0.64, avg 0.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$193.00$194.00Oct 2$0.39$0.39$0.6177%0.64$193.39
$184.00$185.00Sep 11$0.59$0.59$0.4152%1.44$184.59
$186.00$187.00Oct 2$0.55$0.55$0.4557%1.22$186.55
$184.00$185.00Sep 25$0.60$0.60$0.4051%1.50$184.60
$187.00$188.00Oct 16$0.54$0.54$0.4658%1.17$187.54
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$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
$171.00$170.00Oct 16$0.32$0.32$0.6877%0.47$170.68
$177.50$177.00Sep 25$0.24$0.24$0.2670%0.92$177.26
$174.00$173.00Sep 25$0.29$0.29$0.7178%0.41$173.71

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $1.32, cheapest $1.01)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.00Sep 4Sep 18$2.2330.4%23.7%
$183.00Sep 4Sep 11$1.1729.2%22.7%
$182.50Sep 4Sep 18$2.0529.9%24.5%
$185.00Sep 4Sep 11$1.1026.4%23.1%
$184.00Sep 4Sep 11$1.2527.1%24.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 11$1.0129.9%23.1%
$183.00Sep 4Sep 11$1.0329.2%22.7%
$182.00Sep 4Sep 11$1.1330.4%24.6%
$185.00Sep 4Sep 11$1.0226.4%23.1%
$184.00Sep 4Sep 11$1.2227.1%24.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 111 found (cheapest 1.66% of stock, avg 5.44%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$184.00Sep 4$1.34$1.71$3.05$180.95$187.051.66%
$183.00Sep 4$1.91$1.37$3.28$179.72$186.281.79%
$185.00Sep 4$0.90$2.38$3.28$181.72$188.281.79%
$182.50Sep 4$2.20$1.20$3.40$179.10$185.901.85%
$182.00Sep 4$2.55$1.03$3.58$178.42$185.581.95%
$186.00Sep 4$0.60$3.00$3.60$182.40$189.601.96%
$181.00Sep 4$3.30$0.76$4.06$176.94$185.062.21%
$187.00Sep 4$0.40$3.93$4.33$182.67$191.332.36%
$180.00Sep 4$4.13$0.55$4.68$175.32$184.682.55%
$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 0.49% of stock, avg 3.30%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$187.50$180.00Sep 4$0.35$0.55$0.90$179.10$188.40
$187.00$180.00Sep 4$0.40$0.55$0.95$179.05$187.95
$186.00$180.00Sep 4$0.60$0.55$1.15$178.85$187.15
$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$0.60$0.76$1.36$179.64$187.36
$187.50$182.00Sep 4$0.35$1.03$1.38$180.62$188.88
$185.00$180.00Sep 4$0.90$0.55$1.45$178.55$186.45
$187.00$182.00Sep 4$0.40$1.03$1.43$180.57$188.43
$186.00$182.00Sep 4$0.60$1.03$1.63$180.37$187.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 221 found (best R:R 3.00, avg credit $0.47)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
176/177193/194Oct 2$0.75$0.2546%3.00$176.25$193.75
177/178192/193Sep 18$0.38$0.1256%3.17$177.12$192.88
172/172192/193Sep 18$0.31$0.1968%1.63$172.19$192.81
178/178192/192Sep 11$0.30$0.2067%1.50$177.70$192.30
175/176193/194Oct 2$0.64$0.3649%1.78$175.36$193.64
170/171191/192Oct 16$0.66$0.3445%1.94$170.34$191.66
173/174194/195Sep 25$0.50$0.5061%1.00$173.50$194.50
170/171193/194Oct 16$0.61$0.3949%1.56$170.39$193.61
170/171193/194Oct 2$0.51$0.4959%1.04$170.49$193.51
177/178188/188Sep 18$0.40$0.1039%4.00$177.10$187.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 104 found (best R:R 21.73, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$200.00$205.00$210.00Oct 16$0.22$4.7810%21.73
$170.00$172.50$175.00Sep 18$0.10$2.409%24.00
$200.00$205.00$210.00Sep 25$0.11$4.894%44.45
$180.00$181.00$182.00Sep 4$0.08$0.9214%11.50
$185.00$186.00$187.00Sep 4$0.10$0.9017%9.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 16$0.24$4.7611%19.83
$180.00$181.00$182.00Sep 4$0.06$0.9414%15.67
$180.00$181.00$182.00Oct 2$0.06$0.946%15.67
$175.00$176.00$177.00Sep 11$0.06$0.946%15.67
$185.00$186.00$187.00Sep 18$0.08$0.928%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. 145 found (best net $-7.48, 139 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Oct 16-$7.48$2.52
$180.00$183.001:2Sep 11-$0.98$2.02
$200.00$205.001:2Oct 16-$0.08$4.92
$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-$0.11$4.89
$169.00$165.001:2Oct 2-$0.39$3.61
$170.00$165.001:2Oct 16-$0.74$4.26
$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. 86 found (best yield 3.10%, avg 0.91%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$185.00Oct 16$5.700.470.8%3.10%3.86%4111
$186.00Oct 16$5.100.451.3%2.78%4.08%323
$187.00Oct 16$4.550.421.9%2.48%4.32%175
$184.00Oct 16$5.750.500.2%3.13%3.34%--39
$188.00Oct 16$4.050.402.4%2.21%4.60%12160
$190.00Oct 16$3.550.353.5%1.93%5.41%19436
$189.00Oct 16$3.600.382.9%1.96%4.90%213
$191.00Oct 16$2.730.334.0%1.49%5.51%--71
$184.00Oct 2$4.750.490.2%2.59%2.80%66
$192.00Oct 16$2.380.304.6%1.30%5.87%--92

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 3,855
Total Puts 4,993
Put/Call Ratio 1.30
Net Difference -1,138

Prior's Put/Call Breakdown

Total Calls 3,804
Total Puts 5,776
Put/Call Ratio 1.52
Net Difference -1,972

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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