Tour v526
XLK
State StreetTechSelSectSPDRETF
$183.32 -0.17%
9/2 12:40

Option Volume

Detail
Current (09/02 12:40pm) 11,070
Calls: 5,489 (50%)
Puts: 5,581 (50%)
Prior (08/31) 11,061
Calls: 4,928 (45%)
Puts: 6,133 (55%)
Current vs Prior +0.08%
Calls: +11.38% (Calls)
Puts: -9.00% (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 -57.47%
Calls: -42.59%
Puts: -66.11%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 12:40pm) $10.89M
Calls: $9.77M (90%)
Puts: $1.12M (10%)
Prior (08/31) $11.78M
Calls: $10.37M (88%)
Puts: $1.40M (12%)
Current vs Prior -7.52%
Calls: -5.83%
Puts: -20.05%
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 -40.67%
Calls: -23.81%
Puts: -79.74%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 12:40pm) 1.02
Prior (08/31) 1.24
Current vs Prior -18.30%
Prior 7-Day Average 1.98
Current vs Prior 7-Day Avg -48.68%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 12:40pm) 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 2.10% | 3.30%4.43% | 7.33%
Prior 2.89% | 3.80%4.89% | 8.18%
Current vs Prior -27.23% | -13.17%-9.31% | -10.49%
Prior 7-Day Avg 2.48% | 3.83%5.02% | 8.03%
Current vs 7-Day Avg -15.37% | -13.73%-11.72% | -8.73%
Prior 7-Day Eod 2.89% | 3.80%4.89% | 8.18%
Current vs 7-Day Eod -27.23% | -13.17%-9.31% | -10.49%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 17.14% | 13.20%
Calls: 20.21% | 14.29%
Puts: 14.06% | 12.12%
Prior 117.05% | 53.95%
Calls: 136.96% | 31.31%
Puts: 97.14% | 76.60%
Current vs Prior -85.36% | -75.53%
Prior 7-Day Avg 60.74% | 42.81%
Calls: 63.12% | 37.36%
Puts: 58.36% | 48.26%
Current vs 7-Day Avg -71.78% | -69.17%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 90% of dollar volume in calls ($9.77M) vs puts ($1.12M). Slightly bearish P/C ratio of 1.02. 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
12:40BULLISHNEUTRALMIXED
12:35BULLISHNEUTRALBULLISH
12:30BULLISHNEUTRALBULLISH
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 108 of results (avg 6.5%, best 2.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Oct 1634.1535.00$34.582.5%--0.9370
$156.00Sep 427.1527.85$27.502.5%3331.00189
$157.00Sep 426.2026.90$26.552.6%3101.00112
$160.00Sep 1823.7024.40$24.052.9%--0.96676
$150.00Sep 432.9533.95$33.453.0%200.99168
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Oct 1616.9517.50$17.233.2%--0.85158
$195.00Sep 1811.6012.15$11.884.6%--0.90447
$165.00Oct 161.411.48$1.444.9%1850.143.7K
$190.00Oct 169.359.85$9.605.2%--0.65329
$170.00Oct 162.062.18$2.125.7%1330.201.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 13 found (avg $0.64, cheapest $0.57)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$186.00Sep 40.520.62$0.5717.5%270.26668
$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
$180.00Sep 40.470.52$0.5010.0%2.4K0.202.7K
$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

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 426.2026.90$26.552.6%3101.00112
$157.50Sep 425.6026.45$26.033.3%4221.00115
$158.00Sep 425.1525.95$25.553.1%4211.00108
$159.00Sep 424.0024.95$24.483.9%341.0041
$156.00Sep 427.1527.85$27.502.5%3331.00189
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
$190.00Sep 46.156.95$6.5512.2%30.98202
$200.00Sep 1816.3017.50$16.907.1%--0.95128

Most actively traded options today. High liquidity = easy entry/exit. 215 active (total vol 8.9K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.50Sep 425.6026.45$26.033.3%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 427.1527.85$27.502.5%3331.00189
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.470.52$0.5010.0%2.4K0.202.7K
$165.00Sep 250.520.81$0.6743.3%1910.0955
$165.00Oct 161.411.48$1.444.9%1850.143.7K
$187.00Sep 185.305.80$5.559.0%1620.64164
$178.00Oct 163.804.15$3.988.8%1530.3547

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 17.6%, max 27.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$179.00Sep 4Oct 1632.2%25.2%27.7%--32
$181.00Sep 4Oct 1631.5%24.7%27.5%--77
$180.00Sep 4Oct 1630.4%24.4%24.6%9381
$183.00Sep 4Oct 1629.3%23.5%24.6%17155
$182.00Sep 4Oct 1629.7%24.2%22.9%176
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$179.00Sep 4Oct 1632.2%25.2%27.7%3117
$181.00Sep 4Oct 1631.5%24.7%27.5%35174
$180.00Sep 4Oct 1630.4%24.4%24.6%2.4K2.9K
$183.00Sep 4Oct 1629.3%23.5%24.6%39190
$182.50Sep 4Oct 929.6%23.8%24.2%180

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 192 found (best R:R 0.61, avg 4.12)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$156.00$157.50Sep 18$0.93$0.57$0.9398%0.61$156.93
$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$178.00Oct 16$0.52$0.48$0.5267%0.92$177.52
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$190.00$189.00Sep 4$0.65$0.35$0.6598%0.54$189.35
$190.00$189.00Oct 16$0.33$0.67$0.3364%2.03$189.67
$185.00$184.00Oct 16$0.23$0.77$0.2352%3.35$184.77
$184.00$182.00Oct 2$0.70$1.30$0.7051%1.86$183.30
$179.00$177.50Oct 2$0.30$1.20$0.3036%4.00$178.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 150 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
$188.00$189.00Sep 25$0.50$0.50$0.5065%1.00$188.50
$184.00$185.00Sep 11$0.59$0.59$0.4152%1.44$184.59
$187.00$188.00Oct 16$0.54$0.54$0.4657%1.17$187.54
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$0.48$0.48$0.5259%0.92$181.52
$174.00$173.00Sep 25$0.30$0.30$0.7078%0.43$173.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $1.28, cheapest $0.99)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$183.00Sep 4Sep 11$1.1529.3%23.0%
$182.00Sep 4Sep 18$2.1729.7%24.0%
$185.00Sep 4Sep 11$1.0328.0%22.8%
$182.50Sep 4Sep 18$2.0329.6%24.9%
$184.00Sep 4Sep 11$1.2028.4%24.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 11$0.9929.6%23.0%
$183.00Sep 4Sep 11$1.0229.3%23.0%
$185.00Sep 4Sep 11$1.0328.0%22.8%
$182.00Sep 4Sep 11$1.1429.7%24.7%
$184.00Sep 4Sep 11$1.0528.4%24.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 114 found (cheapest 1.78% of stock, avg 5.58%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$184.00Sep 4$1.35$1.92$3.27$180.73$187.271.78%
$183.00Sep 4$1.93$1.42$3.35$179.65$186.351.83%
$185.00Sep 4$0.93$2.50$3.43$181.57$188.431.87%
$182.50Sep 4$2.22$1.22$3.44$179.06$185.941.88%
$182.00Sep 4$2.55$1.03$3.58$178.42$185.581.95%
$186.00Sep 4$0.57$3.20$3.77$182.23$189.772.06%
$181.00Sep 4$3.25$0.80$4.05$176.95$185.052.21%
$187.00Sep 4$0.39$3.88$4.27$182.73$191.272.33%
$180.00Sep 4$4.00$0.50$4.50$175.50$184.502.45%
$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$0.50$0.84$179.16$188.34
$187.00$180.00Sep 4$0.39$0.50$0.89$179.11$187.89
$186.00$180.00Sep 4$0.57$0.50$1.07$178.93$187.07
$187.50$181.00Sep 4$0.34$0.80$1.14$179.86$188.64
$187.00$181.00Sep 4$0.39$0.80$1.19$179.81$188.19
$186.00$181.00Sep 4$0.57$0.80$1.37$179.63$187.37
$185.00$180.00Sep 4$0.93$0.50$1.43$178.57$186.43
$187.00$182.00Sep 4$0.39$1.03$1.42$180.58$188.42
$187.50$182.00Sep 4$0.34$1.03$1.37$180.63$188.87
$186.00$182.00Sep 4$0.57$1.03$1.60$180.40$187.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 209 found (best R:R 4.56, avg credit $0.48)

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$0.80$0.2043%4.00$173.20$188.80
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
173/174191/192Sep 25$0.60$0.4053%1.50$173.40$191.60
176/177190/191Oct 2$0.73$0.2738%2.70$176.27$190.73
178/178192/193Sep 25$0.37$0.1347%2.85$177.63$192.87
173/174190/191Sep 25$0.60$0.4050%1.50$173.40$190.60
178/179191/192Sep 18$0.63$0.3747%1.70$178.37$191.63
172/172192/193Sep 18$0.25$0.2568%1.00$172.25$192.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 96 found (best R:R 15.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$184.00$185.00$186.00Sep 4$0.06$0.9420%15.67
$205.00$210.00$215.00Oct 16$0.13$4.876%37.46
$200.00$205.00$210.00Oct 16$0.25$4.7510%19.00
$200.00$205.00$210.00Sep 25$0.10$4.904%49.00
$188.00$189.00$190.00Sep 11$0.05$0.9510%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$183.00$184.00$185.00Sep 4$0.08$0.9220%11.50
$160.00$165.00$170.00Oct 16$0.26$4.7410%18.23
$165.00$167.50$170.00Sep 18$0.06$2.445%40.67
$184.00$185.00$186.00Sep 4$0.12$0.8820%7.33
$195.00$197.50$200.00Sep 18$0.08$2.425%30.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 140 found (best net $-7.67, 135 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Oct 16-$7.67$2.33
$180.00$183.001:2Sep 11-$1.06$1.94
$200.00$205.001:2Oct 16-$0.05$4.95
$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
$181.00$180.001:2Sep 4-$0.20$0.80
$169.00$165.001:2Oct 2-$0.43$3.57
$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 2.84%, avg 0.91%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$186.00Oct 16$5.200.451.5%2.84%4.30%323
$185.00Oct 16$5.550.480.9%3.03%3.94%4111
$184.00Oct 16$5.900.500.4%3.22%3.59%16039
$187.00Oct 16$4.550.432.0%2.48%4.49%175
$188.00Oct 16$4.150.402.5%2.26%4.82%12160
$190.00Oct 16$3.500.353.6%1.91%5.55%20436
$189.00Oct 16$3.600.383.1%1.96%5.06%213
$191.00Oct 16$2.730.334.2%1.49%5.68%--71
$184.00Oct 2$4.800.490.4%2.62%2.99%66
$185.00Oct 2$4.350.460.9%2.37%3.29%--23

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 5,489
Total Puts 5,581
Put/Call Ratio 1.02
Net Difference -92

Prior's Put/Call Breakdown

Total Calls 4,928
Total Puts 6,133
Put/Call Ratio 1.24
Net Difference -1,205

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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