Tour v526
XLK
State StreetTechSelSectSPDRETF
$183.36 -0.15%
9/2 12:25

Option Volume

Detail
Current (09/02 12:25pm) 10,769
Calls: 5,372 (50%)
Puts: 5,397 (50%)
Prior (08/31) 10,396
Calls: 4,441 (43%)
Puts: 5,955 (57%)
Current vs Prior +3.59%
Calls: +20.96% (Calls)
Puts: -9.37% (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 -58.62%
Calls: -43.81%
Puts: -67.22%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 12:25pm) $10.63M
Calls: $9.54M (90%)
Puts: $1.09M (10%)
Prior (08/31) $9.99M
Calls: $8.65M (87%)
Puts: $1.34M (13%)
Current vs Prior +6.44%
Calls: +10.32%
Puts: -18.53%
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 -42.07%
Calls: -25.61%
Puts: -80.22%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 12:25pm) 1.00
Prior (08/31) 1.34
Current vs Prior -25.08%
Prior 7-Day Average 1.98
Current vs Prior 7-Day Avg -49.29%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 12:25pm) 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 2.02% | 3.28%4.48% | 7.32%
Prior 2.89% | 3.80%4.89% | 8.18%
Current vs Prior -30.09% | -13.78%-8.45% | -10.52%
Prior 7-Day Avg 2.48% | 3.83%5.02% | 8.03%
Current vs 7-Day Avg -18.70% | -14.33%-10.89% | -8.76%
Prior 7-Day Eod 2.89% | 3.80%4.89% | 8.18%
Current vs 7-Day Eod -30.09% | -13.78%-8.45% | -10.52%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 20.80% | 18.39%
Calls: 29.32% | 14.61%
Puts: 12.29% | 22.18%
Prior 117.05% | 53.95%
Calls: 136.96% | 31.31%
Puts: 97.14% | 76.60%
Current vs Prior -82.23% | -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 -65.75% | -57.04%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 90% of dollar volume in calls ($9.54M) vs puts ($1.09M). Slightly bearish P/C ratio of 1.00. P/C ratio dropping 25% - sentiment shifting bullish. Put-heavy open interest (491,288 puts vs 276,846 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
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
12:25BULLISHNEUTRALMIXED
12:20BULLISHNEUTRALMIXED
12:15BULLISHBEARISHBEARISH
12:10BULLISHBEARISHBEARISH
12:05BULLISHBEARISHBEARISH
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 90 of results (avg 6.5%, best 2.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Sep 1823.7024.40$24.052.9%--0.96676
$150.00Oct 1634.0535.10$34.583.0%--0.9370
$164.00Sep 419.2519.85$19.553.1%211.0040
$165.00Sep 1818.9019.50$19.203.1%--0.941.8K
$158.00Sep 425.1525.95$25.553.1%4211.00108
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Oct 1616.8017.50$17.154.1%--0.85158
$185.00Sep 184.204.45$4.335.8%700.562.4K
$183.00Oct 165.656.00$5.836.0%120.48109
$170.00Oct 162.042.18$2.116.6%1330.201.3K
$195.00Sep 1811.4012.30$11.857.6%--0.90447

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 9 found (avg $0.70, cheapest $0.41)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 180.380.43$0.4112.2%3940.102.5K
$192.00Sep 180.750.90$0.8318.1%50.185
$205.00Oct 160.540.61$0.5712.3%70.09240
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Sep 110.510.61$0.5617.9%--0.1446
$176.00Sep 110.610.73$0.6717.9%20.1681
$177.00Sep 110.740.90$0.8219.5%10.1918
$177.50Sep 110.810.98$0.9018.9%--0.2117
$170.00Sep 180.610.68$0.6510.8%40.114.2K

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
$157.00Sep 426.1027.00$26.553.4%2691.00112
$157.50Sep 425.5526.45$26.003.5%4221.00115
$158.00Sep 425.1525.95$25.553.1%4211.00108
$159.00Sep 424.0024.95$24.483.9%341.0041
$160.00Sep 423.0023.95$23.484.0%2021.0065
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$191.00Sep 47.158.65$7.9019.0%--1.0061
$192.00Sep 48.208.95$8.578.8%51.005
$192.50Sep 48.5010.10$9.3017.2%11.003
$200.00Sep 1816.1517.60$16.888.6%--1.00128
$190.00Sep 46.156.85$6.5010.8%30.99202

Most actively traded options today. High liquidity = easy entry/exit. 215 active (total vol 8.6K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.50Sep 425.5526.45$26.003.5%4221.00115
$158.00Sep 425.1525.95$25.553.1%4211.00108
$195.00Sep 180.380.43$0.4112.2%3940.102.5K
$187.00Sep 40.320.46$0.3935.9%3340.19146
$156.00Sep 427.0527.95$27.503.3%2921.00189
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.430.58$0.5129.4%2.4K0.202.7K
$165.00Sep 250.520.81$0.6743.3%1910.0955
$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%1500.2391

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 16.2%, max 27.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$179.00Sep 4Oct 1632.2%25.2%27.6%--32
$180.00Sep 4Oct 1631.0%24.4%26.9%9381
$181.00Sep 4Oct 1631.1%24.8%25.6%--77
$182.50Sep 4Sep 2529.7%24.3%22.2%2234
$182.00Sep 4Oct 1629.2%24.2%20.7%176
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$179.00Sep 4Oct 1632.2%25.2%27.7%3117
$180.00Sep 4Oct 1631.0%24.4%26.9%2.4K2.9K
$181.00Sep 4Oct 1631.1%24.8%25.6%34174
$182.50Sep 4Oct 929.7%23.8%24.9%180
$182.00Sep 4Oct 1629.2%24.2%20.7%14110

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 192 found (best R:R 0.67, avg 4.35)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$156.00$157.50Sep 18$0.90$0.60$0.9098%0.67$156.90
$159.00$160.00Sep 18$0.50$0.50$0.5096%1.00$159.50
$177.50$178.00Sep 4$0.17$0.33$0.1789%1.94$177.67
$179.00$180.00Sep 18$0.45$0.55$0.4568%1.22$179.45
$177.00$177.50Sep 11$0.25$0.25$0.2581%1.00$177.25
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$190.00$189.00Sep 4$0.60$0.40$0.60100%0.67$189.40
$185.00$184.00Oct 16$0.23$0.77$0.2352%3.35$184.77
$185.00$184.00Sep 18$0.30$0.70$0.3056%2.33$184.70
$184.00$182.00Oct 2$0.72$1.28$0.7251%1.78$183.28
$179.00$177.50Oct 2$0.27$1.23$0.2736%4.56$178.73

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 149 found (best R:R 0.85, avg 0.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$194.00$195.00Oct 16$0.46$0.46$0.5473%0.85$194.46
$193.00$194.00Oct 2$0.39$0.39$0.6177%0.64$193.39
$184.00$185.00Sep 25$0.60$0.60$0.4051%1.50$184.60
$187.00$188.00Oct 16$0.54$0.54$0.4657%1.17$187.54
$188.00$189.00Sep 25$0.42$0.42$0.5865%0.72$188.42
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$182.50$182.00Sep 18$0.37$0.37$0.1355%2.85$182.13
$177.00$176.00Oct 2$0.43$0.43$0.5769%0.75$176.57
$181.00$180.00Oct 16$0.53$0.53$0.4758%1.13$180.47
$182.00$181.00Sep 11$0.49$0.49$0.5159%0.96$181.51
$180.00$179.00Sep 11$0.38$0.38$0.6269%0.61$179.62

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
$183.00Sep 4Sep 11$1.1728.4%23.1%
$182.00Sep 4Sep 18$2.2329.2%24.2%
$182.50Sep 4Sep 18$2.0529.7%25.2%
$185.00Sep 4Sep 11$1.0927.6%23.3%
$184.00Sep 4Sep 11$1.2027.7%24.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 11$1.0129.7%23.1%
$183.00Sep 4Sep 11$1.1028.4%23.1%
$185.00Sep 4Sep 11$0.9427.6%23.3%
$182.00Sep 4Sep 11$1.2329.2%25.0%
$184.00Sep 4Sep 11$1.1427.7%24.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 111 found (cheapest 1.71% of stock, avg 5.45%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$184.00Sep 4$1.35$1.79$3.14$180.86$187.141.71%
$183.00Sep 4$1.91$1.34$3.25$179.75$186.251.77%
$185.00Sep 4$0.94$2.44$3.38$181.62$188.381.84%
$182.50Sep 4$2.20$1.20$3.40$179.10$185.901.85%
$182.00Sep 4$2.55$0.98$3.53$178.47$185.531.93%
$186.00Sep 4$0.58$3.00$3.58$182.42$189.581.95%
$181.00Sep 4$3.30$0.76$4.06$176.94$185.062.21%
$187.00Sep 4$0.39$3.83$4.22$182.78$191.222.30%
$180.00Sep 4$4.08$0.51$4.59$175.41$184.592.50%
$187.50Sep 4$0.34$4.55$4.89$182.61$192.392.67%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.46% of stock, avg 3.30%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$187.50$180.00Sep 4$0.34$0.51$0.85$179.15$188.35
$187.00$180.00Sep 4$0.39$0.51$0.90$179.10$187.90
$186.00$180.00Sep 4$0.58$0.51$1.09$178.91$187.09
$187.50$181.00Sep 4$0.34$0.76$1.10$179.90$188.60
$187.00$181.00Sep 4$0.39$0.76$1.15$179.85$188.15
$186.00$181.00Sep 4$0.58$0.76$1.34$179.66$187.34
$187.50$182.00Sep 4$0.34$0.98$1.32$180.68$188.82
$187.00$182.00Sep 4$0.39$0.98$1.37$180.63$188.37
$186.00$182.00Sep 4$0.58$0.98$1.56$180.44$187.56
$185.00$180.00Sep 4$0.94$0.51$1.45$178.55$186.45

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 222 found (best R:R 4.56, avg credit $0.47)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
176/177193/194Oct 2$0.82$0.1846%4.56$176.18$193.82
173/174188/189Sep 25$0.71$0.2943%2.45$173.29$188.71
176/177189/190Oct 2$0.79$0.2135%3.76$176.21$189.79
178/179189/190Sep 18$0.74$0.2640%2.85$178.26$189.74
177/178192/193Sep 18$0.34$0.1657%2.12$177.16$192.84
173/174191/192Sep 25$0.59$0.4153%1.44$173.41$191.59
175/176188/189Sep 25$0.73$0.2739%2.70$175.27$188.73
176/177190/191Oct 2$0.73$0.2738%2.70$176.27$190.73
172/172192/193Sep 18$0.26$0.2468%1.08$172.24$192.76
178/179191/192Sep 18$0.63$0.3747%1.70$178.37$191.63

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 94 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$184.00$185.00$186.00Sep 4$0.05$0.9520%19.00
$205.00$210.00$215.00Oct 16$0.13$4.876%37.46
$200.00$205.00$210.00Sep 25$0.10$4.904%49.00
$195.00$197.50$200.00Sep 18$0.09$2.417%26.78
$179.00$180.00$181.00Sep 4$0.07$0.9312%13.29
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 16$0.27$4.7310%17.52
$155.00$160.00$165.00Oct 16$0.18$4.827%26.78
$155.00$160.00$165.00Sep 25$0.16$4.845%30.25
$180.00$181.00$182.00Oct 2$0.06$0.946%15.67
$185.00$186.00$187.00Sep 18$0.08$0.929%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. 146 found (best net $-7.77, 140 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Oct 16-$7.77$2.23
$180.00$183.001:2Sep 11-$1.06$1.94
$200.00$205.001:2Oct 16-$0.01$4.99
$205.00$210.001:2Oct 16-$0.03$4.97
$200.00$205.001:2Sep 25-$0.03$4.97
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$180.00$175.001:2Oct 9-$1.27$3.73
$165.00$160.001:2Sep 25-$0.15$4.85
$169.00$165.001:2Oct 2-$0.39$3.61
$170.00$165.001:2Oct 16-$0.75$4.25
$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. 88 found (best yield 3.03%, avg 0.91%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$185.00Oct 16$5.550.480.9%3.03%3.92%4111
$186.00Oct 16$5.100.451.4%2.78%4.22%323
$184.00Oct 16$5.900.500.3%3.22%3.57%16039
$187.00Oct 16$4.550.432.0%2.48%4.47%175
$188.00Oct 16$4.050.402.5%2.21%4.74%12160
$190.00Oct 16$3.500.353.6%1.91%5.53%20436
$189.00Oct 16$3.600.383.1%1.96%5.04%213
$191.00Oct 16$2.730.334.2%1.49%5.66%--71
$184.00Oct 2$4.800.490.3%2.62%2.97%66
$193.00Oct 16$2.280.295.3%1.24%6.50%--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 5,372
Total Puts 5,397
Put/Call Ratio 1.00
Net Difference -25

Prior's Put/Call Breakdown

Total Calls 4,441
Total Puts 5,955
Put/Call Ratio 1.34
Net Difference -1,514

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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