Tour v526
XLK
State StreetTechSelSectSPDRETF
$183.17 -0.26%
9/2 13:20

Option Volume

Detail
Current (09/02 1:20pm) 15,805
Calls: 7,321 (46%)
Puts: 8,484 (54%)
Prior (08/31) 16,587
Calls: 6,375 (38%)
Puts: 10,212 (62%)
Current vs Prior -4.71%
Calls: +14.84% (Calls)
Puts: -16.92% (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 -39.27%
Calls: -23.43%
Puts: -48.48%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 1:20pm) $17.71M
Calls: $15.82M (89%)
Puts: $1.89M (11%)
Prior (08/31) $23.79M
Calls: $15.50M (65%)
Puts: $8.29M (35%)
Current vs Prior -25.56%
Calls: +2.02%
Puts: -77.16%
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 -3.52%
Calls: +23.34%
Puts: -65.78%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 1:20pm) 1.16
Prior (08/31) 1.60
Current vs Prior -27.66%
Prior 7-Day Average 1.98
Current vs Prior 7-Day Avg -41.51%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 1:20pm) 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% | 3.16%4.37% | 7.18%
Prior 2.89% | 3.80%4.89% | 8.18%
Current vs Prior -30.01% | -16.98%-10.69% | -12.22%
Prior 7-Day Avg 2.48% | 3.83%5.02% | 8.03%
Current vs 7-Day Avg -18.60% | -17.51%-13.07% | -10.49%
Prior 7-Day Eod 2.89% | 3.80%4.89% | 8.18%
Current vs 7-Day Eod -30.01% | -16.98%-10.69% | -12.22%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 24.71% | 12.99%
Calls: 21.59% | 11.95%
Puts: 27.84% | 14.04%
Prior 117.05% | 53.95%
Calls: 136.96% | 31.31%
Puts: 97.14% | 76.60%
Current vs Prior -78.89% | -75.92%
Prior 7-Day Avg 60.74% | 42.81%
Calls: 63.12% | 37.36%
Puts: 58.36% | 48.26%
Current vs 7-Day Avg -59.32% | -69.66%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 89% of dollar volume in calls ($15.82M) vs puts ($1.89M). Slightly bearish P/C ratio of 1.16. P/C ratio dropping 28% - sentiment shifting bullish. 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 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
13:20BULLISHBEARISHBEARISH
13:15BULLISHBEARISHBEARISH
13:10BULLISHBEARISHBEARISH
13:05BULLISHBEARISHBEARISH
13:00BULLISHBEARISHBEARISH
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 107 of results (avg 6.5%, best 2.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Oct 1624.5025.15$24.832.6%--0.8919
$156.00Sep 427.0527.85$27.452.9%3331.00189
$150.00Sep 432.9533.95$33.453.0%200.99168
$162.50Sep 1821.1021.75$21.433.0%--0.951.8K
$173.00Sep 1811.2511.60$11.433.1%10.85--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Oct 162.102.18$2.143.7%1530.211.3K
$200.00Oct 1617.0017.65$17.333.8%--0.85158
$195.00Sep 1811.6012.15$11.884.6%--0.90447
$175.00Oct 163.103.25$3.184.7%30.292.2K
$190.00Oct 169.359.90$9.635.7%--0.65329

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 10 found (avg $0.67, cheapest $0.64)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$189.00Sep 110.590.69$0.6415.6%60.19478
$187.50Sep 110.911.01$0.9610.4%10.261
$205.00Oct 160.500.61$0.5520.0%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
$177.50Sep 110.810.98$0.9018.9%--0.2117
$167.50Sep 180.460.54$0.5016.0%--0.091.9K
$170.00Sep 180.600.70$0.6515.4%40.114.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 154 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.00Sep 426.0526.90$26.483.2%3101.00112
$157.50Sep 425.5026.45$25.983.7%4551.00115
$158.00Sep 425.0525.95$25.503.5%4541.00108
$159.00Sep 424.0024.95$24.483.9%341.0041
$160.00Sep 423.0523.95$23.503.8%2021.0065
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$191.00Sep 47.158.65$7.9019.0%--1.0061
$192.00Sep 48.209.05$8.639.8%51.005
$192.50Sep 48.5010.10$9.3017.2%11.003
$190.00Sep 46.407.30$6.8513.1%30.99202
$200.00Sep 1816.3017.50$16.907.1%--0.95128

Most actively traded options today. High liquidity = easy entry/exit. 236 active (total vol 9.7K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 250.650.80$0.7320.5%4910.1536
$157.50Sep 425.5026.45$25.983.7%4551.00115
$158.00Sep 425.0525.95$25.503.5%4541.00108
$195.00Sep 180.320.41$0.3724.3%3950.092.5K
$187.00Sep 40.290.44$0.3740.5%3340.18146
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.440.60$0.5230.8%2.4K0.212.7K
$165.00Oct 161.381.50$1.448.3%2050.143.7K
$165.00Sep 250.540.79$0.6737.3%1910.0955
$187.00Sep 185.305.80$5.559.0%1620.65164
$178.00Oct 163.954.20$4.086.1%1540.3647

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 14.6%, max 26.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 1630.6%24.2%26.6%9381
$179.00Sep 4Oct 1631.6%25.0%26.3%--32
$181.00Sep 4Oct 1630.5%24.5%24.5%377
$182.00Sep 4Oct 1628.7%23.9%19.9%176
$182.50Sep 4Sep 2528.3%24.0%18.0%2234
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 1630.6%24.2%26.6%2.4K2.9K
$179.00Sep 4Oct 1631.6%25.0%26.3%3117
$181.00Sep 4Oct 1630.5%24.5%24.5%35174
$182.00Sep 4Oct 1628.7%23.9%19.9%36110
$182.50Sep 4Oct 928.3%23.9%18.6%180

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 198 found (best R:R 0.50, avg 4.37)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$156.00$157.50Sep 18$1.00$0.50$1.0098%0.50$157.00
$159.00$160.00Sep 18$0.65$0.35$0.6596%0.54$159.65
$167.50$168.00Sep 4$0.25$0.25$0.2599%1.00$167.75
$177.00$178.00Oct 16$0.52$0.48$0.5267%0.92$177.52
$188.00$189.00Sep 18$0.17$0.83$0.1731%4.88$188.17
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$190.00$189.00Oct 16$0.25$0.75$0.2565%3.00$189.75
$185.00$184.00Sep 18$0.30$0.70$0.3056%2.33$184.70
$195.00$193.00Oct 16$1.27$0.73$1.2776%0.57$193.73
$165.00$160.00Oct 2$0.21$4.79$0.2111%22.81$164.79
$160.00$155.00Oct 16$0.22$4.78$0.2210%21.73$159.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 152 found (best R:R 2.03, avg 0.41)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$184.00$185.00Sep 25$0.67$0.67$0.3352%2.03$184.67
$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$187.00Oct 2$0.58$0.58$0.4257%1.38$186.58
$189.00$190.00Sep 18$0.40$0.40$0.6072%0.67$189.40
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$177.50$177.00Oct 2$0.28$0.28$0.2268%1.27$177.22
$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
$176.00$175.00Sep 4$0.13$0.13$0.8791%0.15$175.87

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $1.26, cheapest $1.03)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$183.00Sep 4Sep 11$1.1727.6%22.2%
$182.50Sep 4Sep 18$2.1128.3%23.1%
$182.00Sep 4Sep 18$2.2528.7%23.5%
$185.00Sep 4Sep 11$1.0227.4%22.4%
$184.00Sep 4Sep 11$1.1528.2%23.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 11$1.0328.3%22.8%
$183.00Sep 4Sep 11$1.0027.6%22.2%
$185.00Sep 4Sep 11$0.8827.4%22.4%
$182.00Sep 4Sep 11$1.1228.7%24.0%
$184.00Sep 4Sep 11$0.9128.2%23.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 119 found (cheapest 1.71% of stock, avg 5.56%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$183.00Sep 4$1.76$1.38$3.14$179.86$186.141.71%
$184.00Sep 4$1.27$1.94$3.21$180.79$187.211.75%
$182.50Sep 4$2.14$1.19$3.33$179.17$185.831.82%
$182.00Sep 4$2.40$1.01$3.41$178.59$185.411.86%
$185.00Sep 4$0.85$2.55$3.40$181.60$188.401.86%
$186.00Sep 4$0.56$3.23$3.79$182.21$189.792.07%
$181.00Sep 4$3.14$0.77$3.91$177.09$184.912.13%
$180.00Sep 4$3.85$0.52$4.37$175.63$184.372.39%
$187.00Sep 4$0.37$4.00$4.37$182.63$191.372.39%
$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 0.46% of stock, avg 3.28%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$187.50$180.00Sep 4$0.33$0.52$0.85$179.15$188.35
$187.00$180.00Sep 4$0.37$0.52$0.89$179.11$187.89
$186.00$180.00Sep 4$0.56$0.52$1.08$178.92$187.08
$187.50$181.00Sep 4$0.33$0.77$1.10$179.90$188.60
$187.00$181.00Sep 4$0.37$0.77$1.14$179.86$188.14
$186.00$181.00Sep 4$0.56$0.77$1.33$179.67$187.33
$185.00$180.00Sep 4$0.85$0.52$1.37$178.63$186.37
$187.50$182.00Sep 4$0.33$1.01$1.34$180.66$188.84
$187.00$182.00Sep 4$0.37$1.01$1.38$180.62$188.38
$185.00$181.00Sep 4$0.85$0.77$1.62$179.38$186.62

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 218 found (best R:R 4.00, avg credit $0.47)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
173/174188/189Sep 25$0.80$0.2043%4.00$173.20$188.80
174/175193/194Oct 2$0.65$0.3551%1.86$174.35$193.65
178/179189/190Sep 18$0.75$0.2540%3.00$178.25$189.75
173/174191/192Sep 25$0.60$0.4053%1.50$173.40$191.60
172/173193/194Oct 16$0.67$0.3346%2.03$172.33$193.67
174/175189/190Sep 18$0.60$0.4052%1.50$174.40$189.60
177/178193/194Oct 2$0.67$0.3345%2.03$176.83$193.67
170/171193/194Oct 16$0.62$0.3849%1.63$170.38$193.62
172/172188/188Sep 18$0.35$0.1552%2.33$172.15$187.85
178/178192/193Sep 25$0.37$0.1347%2.85$177.63$192.87

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 101 found (best R:R 13.29, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$183.00$184.00$185.00Sep 4$0.07$0.9320%13.29
$173.00$175.00$177.00Oct 16$0.05$1.958%39.00
$205.00$210.00$215.00Oct 16$0.13$4.876%37.46
$178.00$179.00$180.00Sep 4$0.05$0.9510%19.00
$185.00$186.00$187.00Sep 4$0.10$0.9016%9.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$184.00$185.00$186.00Sep 4$0.07$0.9320%13.29
$160.00$165.00$170.00Oct 16$0.27$4.7310%17.52
$185.00$186.00$187.00Sep 4$0.09$0.9117%10.11
$155.00$160.00$165.00Sep 25$0.15$4.855%32.33
$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. 138 found (best net $-7.57, 131 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Oct 16-$7.57$2.43
$180.00$183.001:2Sep 11-$0.91$2.09
$205.00$210.001:2Oct 16-$0.03$4.97
$210.00$215.001:2Oct 16-$0.03$4.97
$195.00$197.501:2Sep 18-$0.07$2.43
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
$170.00$165.001:2Oct 16-$0.74$4.26
$169.00$165.001:2Oct 2-$0.43$3.57
$160.00$155.001:2Sep 25-$0.19$4.81

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 89 found (best yield 3.06%, avg 0.90%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$185.00Oct 16$5.600.471.0%3.06%4.06%4111
$186.00Oct 16$5.150.451.6%2.81%4.36%323
$184.00Oct 16$5.900.500.5%3.22%3.67%16039
$187.00Oct 16$4.550.432.1%2.48%4.57%175
$188.00Oct 16$4.150.402.6%2.27%4.90%12160
$190.00Oct 16$3.450.353.7%1.88%5.61%20436
$189.00Oct 16$3.600.383.2%1.97%5.15%213
$191.00Oct 16$2.730.334.3%1.49%5.77%--71
$184.00Oct 2$4.750.490.5%2.59%3.05%66
$193.00Oct 16$2.280.295.4%1.24%6.61%--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 7,321
Total Puts 8,484
Put/Call Ratio 1.16
Net Difference -1,163

Prior's Put/Call Breakdown

Total Calls 6,375
Total Puts 10,212
Put/Call Ratio 1.60
Net Difference -3,837

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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