Tour v526
XLK
State StreetTechSelSectSPDRETF
$183.30 -0.19%
9/2 12:55

Option Volume

Detail
Current (09/02 12:55pm) 14,213
Calls: 6,098 (43%)
Puts: 8,115 (57%)
Prior (08/31) 12,128
Calls: 5,512 (45%)
Puts: 6,616 (55%)
Current vs Prior +17.19%
Calls: +10.63% (Calls)
Puts: +22.66% (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 -45.39%
Calls: -36.22%
Puts: -50.72%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 12:55pm) $11.70M
Calls: $10.02M (86%)
Puts: $1.68M (14%)
Prior (08/31) $14.69M
Calls: $12.53M (85%)
Puts: $2.16M (15%)
Current vs Prior -20.35%
Calls: -20.02%
Puts: -22.24%
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 -36.27%
Calls: -21.87%
Puts: -69.63%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 12:55pm) 1.33
Prior (08/31) 1.20
Current vs Prior +10.87%
Prior 7-Day Average 1.98
Current vs Prior 7-Day Avg -32.83%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 12:55pm) 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% | 3.26%4.39% | 7.33%
Prior 2.89% | 3.80%4.89% | 8.18%
Current vs Prior -29.87% | -14.31%-10.19% | -10.48%
Prior 7-Day Avg 2.48% | 3.83%5.02% | 8.03%
Current vs 7-Day Avg -18.44% | -14.86%-12.58% | -8.72%
Prior 7-Day Eod 2.89% | 3.80%4.89% | 8.18%
Current vs 7-Day Eod -29.87% | -14.31%-10.19% | -10.48%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 11.24% | 12.75%
Calls: 8.94% | 11.22%
Puts: 13.54% | 14.29%
Prior 117.05% | 53.95%
Calls: 136.96% | 31.31%
Puts: 97.14% | 76.60%
Current vs Prior -90.40% | -76.37%
Prior 7-Day Avg 60.74% | 42.81%
Calls: 63.12% | 37.36%
Puts: 58.36% | 48.26%
Current vs 7-Day Avg -81.49% | -70.22%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($10.02M) vs puts ($1.68M). Bearish P/C ratio of 1.33 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 NEUTRAL
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
12:55BULLISHBEARISHBEARISH
12:50BULLISHBEARISHBEARISH
12:45BULLISHBEARISHBEARISH
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 112 of results (avg 6.5%, best 2.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Oct 1634.1534.95$34.552.3%--0.9370
$160.00Oct 1624.7025.30$25.002.4%--0.9019
$156.00Sep 427.1027.85$27.482.7%3331.00189
$150.00Sep 432.9533.95$33.453.0%200.98168
$157.00Sep 426.1026.90$26.503.0%3101.00112
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Oct 1617.0017.65$17.333.8%--0.85158
$190.00Sep 187.457.80$7.634.6%210.764.9K
$195.00Sep 1811.6012.15$11.884.6%--0.91447
$200.00Oct 216.7017.50$17.104.7%--0.9044
$195.00Oct 1613.0013.65$13.334.9%--0.7613

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 10 found (avg $0.60, cheapest $0.38)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$205.00Oct 160.520.61$0.5616.1%70.09240
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$179.00Sep 40.340.41$0.3818.4%30.1673
$180.00Sep 40.480.58$0.5318.9%2.4K0.212.7K
$175.00Sep 110.510.61$0.5617.9%--0.1446
$176.00Sep 110.610.73$0.6717.9%20.1681
$177.50Sep 110.810.98$0.9018.9%--0.2117

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 149 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$147.50Sep 1835.0036.80$35.905.0%--1.00708
$149.00Sep 1833.5035.35$34.425.4%--1.00168
$150.00Sep 1832.8034.25$33.534.3%--1.003.9K
$151.00Sep 1831.5033.40$32.455.9%--1.00299
$152.50Sep 1830.4531.60$31.033.7%31.00597
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$192.00Sep 48.209.00$8.609.3%51.005
$192.50Sep 48.5010.10$9.3017.2%11.003
$200.00Sep 1816.3017.50$16.907.1%--0.97128
$191.00Sep 47.158.65$7.9019.0%--0.9561
$190.00Sep 46.407.00$6.709.0%30.95202

Most actively traded options today. High liquidity = easy entry/exit. 223 active (total vol 9.5K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 250.660.96$0.8137.0%4910.1536
$157.50Sep 425.5026.45$25.983.7%4551.00115
$158.00Sep 425.1025.95$25.533.3%4541.00108
$195.00Sep 180.290.43$0.3638.9%3950.092.5K
$187.00Sep 40.290.46$0.3844.7%3340.18146
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.480.58$0.5318.9%2.4K0.212.7K
$165.00Sep 250.520.81$0.6743.3%1910.0955
$165.00Oct 161.411.59$1.5012.0%1860.153.7K
$187.00Sep 185.355.80$5.578.1%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. 23 strikes (avg 15.7%, max 26.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 1630.7%24.2%26.8%9381
$179.00Sep 4Oct 1631.6%25.0%26.6%--32
$181.00Sep 4Oct 1630.8%24.5%25.8%--77
$182.00Sep 4Oct 1629.0%23.9%21.4%176
$182.50Sep 4Sep 2528.7%24.1%19.1%2234
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 1630.7%24.2%26.8%2.4K2.9K
$179.00Sep 4Oct 1631.6%25.0%26.6%3117
$181.00Sep 4Oct 1630.8%24.5%25.8%35174
$182.00Sep 4Oct 1629.0%23.9%21.4%14110
$182.50Sep 4Oct 928.7%23.8%20.6%180

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 196 found (best R:R 0.53, avg 4.37)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$156.00$157.50Sep 18$0.98$0.52$0.98100%0.53$156.98
$159.00$160.00Sep 18$0.65$0.35$0.6594%0.54$159.65
$162.00$162.50Sep 4$0.30$0.20$0.30100%0.67$162.30
$187.00$188.00Sep 11$0.12$0.88$0.1229%7.33$187.12
$177.00$178.00Oct 16$0.52$0.48$0.5267%0.92$177.52
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$190.00$189.00Oct 16$0.17$0.83$0.1765%4.88$189.83
$185.00$184.00Oct 16$0.23$0.77$0.2352%3.35$184.77
$184.00$182.00Oct 2$0.72$1.28$0.7251%1.78$183.28
$165.00$160.00Oct 2$0.21$4.79$0.2111%22.81$164.79
$180.00$179.00Sep 18$0.16$0.84$0.1635%5.25$179.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 154 found (best R:R 0.85, avg 0.42)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$194.00$195.00Oct 16$0.46$0.46$0.5473%0.85$194.46
$186.00$187.00Oct 2$0.60$0.60$0.4057%1.50$186.60
$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
$186.00$187.00Sep 11$0.48$0.48$0.5264%0.92$186.48
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$177.50$177.00Oct 2$0.31$0.31$0.1968%1.63$177.19
$181.00$180.00Oct 16$0.53$0.53$0.4757%1.13$180.47
$174.00$173.00Sep 25$0.30$0.30$0.7078%0.43$173.70
$178.00$177.50Sep 25$0.24$0.24$0.2668%0.92$177.76
$174.00$171.00Oct 2$0.67$0.67$2.3376%0.29$173.33

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $1.28, cheapest $2.03)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 18$2.0328.7%23.2%
$183.00Sep 4Sep 11$1.2428.3%23.0%
$182.00Sep 4Sep 18$2.1429.0%23.7%
$185.00Sep 4Sep 11$1.0527.8%22.8%
$184.00Sep 4Sep 11$1.1928.9%24.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 11$1.0428.7%23.3%
$183.00Sep 4Sep 11$1.0428.3%23.0%
$185.00Sep 4Sep 11$0.9527.8%22.8%
$184.00Sep 4Sep 11$1.0228.9%24.1%
$182.00Sep 4Sep 11$1.1129.0%24.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 115 found (cheapest 1.76% of stock, avg 5.58%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$183.00Sep 4$1.79$1.43$3.22$179.78$186.221.76%
$184.00Sep 4$1.31$1.92$3.23$180.77$187.231.76%
$185.00Sep 4$0.87$2.53$3.40$181.60$188.401.85%
$182.50Sep 4$2.22$1.23$3.45$179.05$185.951.88%
$182.00Sep 4$2.54$1.04$3.58$178.42$185.581.95%
$186.00Sep 4$0.55$3.22$3.77$182.23$189.772.06%
$181.00Sep 4$3.25$0.80$4.05$176.95$185.052.21%
$187.00Sep 4$0.38$3.93$4.31$182.69$191.312.35%
$180.00Sep 4$4.03$0.53$4.56$175.44$184.562.49%
$187.50Sep 4$0.33$4.55$4.88$182.62$192.382.66%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.47% of stock, avg 3.29%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$187.50$180.00Sep 4$0.33$0.53$0.86$179.14$188.36
$187.00$180.00Sep 4$0.38$0.53$0.91$179.09$187.91
$186.00$180.00Sep 4$0.55$0.53$1.08$178.92$187.08
$187.50$181.00Sep 4$0.33$0.80$1.13$179.87$188.63
$187.00$181.00Sep 4$0.38$0.80$1.18$179.82$188.18
$186.00$181.00Sep 4$0.55$0.80$1.35$179.65$187.35
$185.00$180.00Sep 4$0.87$0.53$1.40$178.60$186.40
$187.00$182.00Sep 4$0.38$1.04$1.42$180.58$188.42
$187.50$182.00Sep 4$0.33$1.04$1.37$180.63$188.87
$185.00$181.00Sep 4$0.87$0.80$1.67$179.33$186.67

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 212 found (best R:R 4.00, avg credit $0.48)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
173/174188/189Sep 25$0.80$0.2043%4.00$173.20$188.80
178/179189/190Sep 18$0.76$0.2440%3.17$178.24$189.76
177/178193/194Oct 2$0.70$0.3045%2.33$176.80$193.70
173/174191/192Sep 25$0.60$0.4053%1.50$173.40$191.60
178/178192/193Sep 25$0.39$0.1147%3.55$177.61$192.89
178/179191/192Sep 18$0.65$0.3547%1.86$178.35$191.65
173/174190/191Sep 25$0.60$0.4050%1.50$173.40$190.60
169/170193/194Oct 2$0.49$0.5160%0.96$169.51$193.49
170/171193/194Oct 2$0.50$0.5059%1.00$170.50$193.50
176/177189/190Sep 18$0.62$0.3846%1.63$176.38$189.62

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 99 found (best R:R 34.71, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$205.00$210.00$215.00Oct 16$0.12$4.886%40.67
$180.00$181.00$182.00Sep 4$0.07$0.9315%13.29
$200.00$205.00$210.00Sep 25$0.10$4.904%49.00
$200.00$205.00$210.00Oct 16$0.26$4.7410%18.23
$178.00$179.00$180.00Sep 4$0.06$0.9410%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 16$0.14$4.8610%34.71
$184.00$185.00$186.00Sep 4$0.08$0.9219%11.50
$165.00$167.50$170.00Sep 18$0.05$2.455%49.00
$184.00$185.00$186.00Sep 11$0.06$0.9412%15.67
$195.00$197.50$200.00Sep 18$0.08$2.426%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 $-7.40, 135 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Oct 16-$7.40$2.60
$180.00$183.001:2Sep 11-$0.98$2.02
$200.00$205.001:2Oct 16-$0.04$4.96
$205.00$210.001:2Oct 16-$0.04$4.96
$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-$0.43$3.57
$160.00$155.001:2Sep 25-$0.19$4.81
$155.00$150.001:2Sep 25-$0.14$4.86

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 88 found (best yield 3.06%, avg 0.90%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$185.00Oct 16$5.600.470.9%3.06%3.98%4111
$186.00Oct 16$5.150.451.5%2.81%4.28%323
$184.00Oct 16$5.900.500.4%3.22%3.60%16039
$187.00Oct 16$4.550.432.0%2.48%4.50%175
$188.00Oct 16$4.150.402.6%2.26%4.83%12160
$190.00Oct 16$3.450.353.7%1.88%5.54%20436
$189.00Oct 16$3.600.383.1%1.96%5.07%213
$191.00Oct 16$2.730.334.2%1.49%5.69%--71
$184.00Oct 2$4.800.490.4%2.62%3.00%66
$193.00Oct 16$2.280.295.3%1.24%6.54%--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 6,098
Total Puts 8,115
Put/Call Ratio 1.33
Net Difference -2,017

Prior's Put/Call Breakdown

Total Calls 5,512
Total Puts 6,616
Put/Call Ratio 1.20
Net Difference -1,104

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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