Tour v526
XLK
State StreetTechSelSectSPDRETF
$183.52 -0.07%
9/2 14:25

Option Volume

Detail
Current (09/02 2:25pm) 19,693
Calls: 9,641 (49%)
Puts: 10,052 (51%)
Prior (08/31) 18,249
Calls: 7,309 (40%)
Puts: 10,940 (60%)
Current vs Prior +7.91%
Calls: +31.91% (Calls)
Puts: -8.12% (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 -24.34%
Calls: +0.84%
Puts: -38.95%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 2:25pm) $21.26M
Calls: $18.52M (87%)
Puts: $2.75M (13%)
Prior (08/31) $25.35M
Calls: $16.92M (67%)
Puts: $8.42M (33%)
Current vs Prior -16.10%
Calls: +9.42%
Puts: -67.40%
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 +15.85%
Calls: +44.42%
Puts: -50.38%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 2:25pm) 1.04
Prior (08/31) 1.50
Current vs Prior -30.34%
Prior 7-Day Average 1.98
Current vs Prior 7-Day Avg -47.38%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 2:25pm) 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 1.98% | 3.14%4.39% | 7.18%
Prior 2.89% | 3.80%4.89% | 8.18%
Current vs Prior -31.27% | -17.42%-10.29% | -12.25%
Prior 7-Day Avg 2.48% | 3.83%5.02% | 8.03%
Current vs 7-Day Avg -20.07% | -17.95%-12.68% | -10.52%
Prior 7-Day Eod 2.89% | 3.80%4.89% | 8.18%
Current vs 7-Day Eod -31.27% | -17.42%-10.29% | -12.25%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 20.64% | 15.52%
Calls: 17.39% | 13.18%
Puts: 23.89% | 17.86%
Prior 117.05% | 53.95%
Calls: 136.96% | 31.31%
Puts: 97.14% | 76.60%
Current vs Prior -82.37% | -71.23%
Prior 7-Day Avg 60.74% | 42.81%
Calls: 63.12% | 37.36%
Puts: 58.36% | 48.26%
Current vs 7-Day Avg -66.02% | -63.75%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 87% of dollar volume in calls ($18.52M) vs puts ($2.75M). Slightly bearish P/C ratio of 1.04. P/C ratio dropping 30% - 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
14:25BULLISHNEUTRALMIXED
14:20BULLISHNEUTRALMIXED
14:15BULLISHNEUTRALMIXED
14:10BULLISHNEUTRALMIXED
14:00BULLISHNEUTRALMIXED
13:55BULLISHBEARISHBEARISH
13:50BULLISHBEARISHBEARISH
13:45BULLISHNEUTRALMIXED
13:40BULLISHNEUTRALMIXED
13:35BULLISHNEUTRALMIXED
13:30BULLISHNEUTRALMIXED
13:25BULLISHBEARISHBEARISH
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
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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 104 of results (avg 6.5%, best 2.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Oct 1633.8534.85$34.352.9%--0.9370
$156.00Sep 427.0527.85$27.452.9%3331.00189
$150.00Sep 432.9533.95$33.453.0%200.98168
$155.00Sep 428.0028.85$28.433.0%730.99262
$160.00Oct 1624.6025.35$24.983.0%--0.9019
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Oct 169.359.80$9.574.7%--0.65329
$200.00Oct 216.4517.25$16.854.7%--0.9044
$200.00Oct 1616.8017.65$17.234.9%--0.86158
$189.00Sep 257.157.60$7.386.1%40.694
$170.00Oct 162.032.17$2.106.7%1850.201.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 8 found (avg $0.72, cheapest $0.46)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$194.00Sep 180.420.50$0.4617.4%--0.1157
$193.00Sep 180.540.65$0.6018.3%100.1422
$192.00Sep 180.690.80$0.7514.7%50.175
$195.00Sep 250.640.78$0.7119.7%4920.1436
$205.00Oct 160.510.60$0.5516.4%70.09240
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$172.50Sep 180.750.90$0.8318.1%10.141.2K
$173.00Sep 180.830.96$0.9014.4%10.1555
$160.00Oct 160.921.05$0.9913.1%70.10593

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 157 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.00Sep 1125.3527.15$26.256.9%--1.0018
$157.50Sep 1124.9526.65$25.806.6%--1.0018
$147.50Sep 1835.0036.80$35.905.0%--1.00708
$149.00Sep 1833.5035.35$34.425.4%--1.00168
$150.00Sep 1832.8534.20$33.534.0%--1.003.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$192.00Sep 48.209.05$8.639.8%51.005
$192.50Sep 48.5010.10$9.3017.2%11.003
$200.00Sep 1816.3017.45$16.886.8%--0.97128
$191.00Sep 47.158.65$7.9019.0%--0.9561
$190.00Sep 46.356.80$6.576.8%70.95202

Most actively traded options today. High liquidity = easy entry/exit. 254 active (total vol 11.9K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 250.640.78$0.7119.7%4920.1436
$157.50Sep 425.5026.45$25.983.7%4551.00115
$158.00Sep 425.0525.95$25.503.5%4541.00108
$161.00Sep 422.0522.85$22.453.6%4431.0011
$162.00Sep 421.0521.80$21.433.5%4061.00109
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.350.52$0.4438.6%2.4K0.192.7K
$165.00Oct 161.191.50$1.3523.0%2050.143.7K
$165.00Sep 250.540.69$0.6224.2%1910.0955
$170.00Oct 162.032.17$2.106.7%1850.201.3K
$187.00Sep 185.155.80$5.4811.9%1620.64164

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 20 strikes (avg 14.7%, max 21.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 1629.5%24.3%21.4%9381
$184.00Sep 4Oct 1627.7%23.1%19.9%21476
$182.00Sep 4Oct 1628.4%23.7%19.7%176
$183.00Sep 4Oct 1628.0%23.6%19.1%19155
$182.50Sep 4Sep 2528.3%24.0%17.9%2234
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 1629.5%24.3%21.4%2.5K2.9K
$184.00Sep 4Oct 1627.7%23.1%19.9%28292
$182.00Sep 4Oct 1628.4%23.7%19.7%67110
$183.00Sep 4Oct 1628.0%23.6%19.1%86190
$182.50Sep 4Oct 928.3%23.8%19.0%180

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 202 found (best R:R 1.00, avg 4.36)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$171.00$172.00Sep 4$0.50$0.50$0.5098%1.00$171.50
$156.00$157.50Sep 18$1.00$0.50$1.00100%0.50$157.00
$159.00$160.00Sep 18$0.65$0.35$0.6594%0.54$159.65
$177.00$178.00Oct 16$0.52$0.48$0.5267%0.92$177.52
$188.00$189.00Sep 18$0.16$0.84$0.1631%5.25$188.16
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$184.00$182.00Oct 2$0.62$1.38$0.6251%2.23$183.38
$185.00$184.00Sep 18$0.25$0.75$0.2556%3.00$184.75
$195.00$193.00Oct 16$1.22$0.78$1.2276%0.64$193.78
$189.00$186.00Sep 25$1.73$1.27$1.7369%0.73$187.27
$188.00$187.50Sep 4$0.23$0.27$0.2388%1.17$187.77

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 153 found (best R:R 3.17, avg 0.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$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$185.00Oct 2$0.65$0.65$0.3551%1.86$184.65
$193.00$194.00Oct 16$0.43$0.43$0.5771%0.75$193.43
$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$0.38$0.38$0.1268%3.17$177.12
$182.50$182.00Sep 25$0.38$0.38$0.1254%3.17$182.12
$173.00$170.00Oct 9$0.72$0.72$2.2876%0.32$172.28
$179.00$178.00Sep 18$0.41$0.41$0.5968%0.69$178.59
$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 $1.00)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$183.00Sep 4Sep 11$1.1228.0%22.2%
$185.00Sep 4Sep 11$1.0128.7%23.0%
$182.50Sep 4Sep 18$2.1228.3%23.1%
$182.00Sep 4Sep 18$2.1228.4%23.6%
$184.00Sep 4Sep 11$1.1927.7%23.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 11$1.0028.3%22.3%
$183.00Sep 4Sep 11$1.0228.0%22.2%
$185.00Sep 4Sep 11$0.9628.7%23.0%
$182.00Sep 4Sep 11$1.0528.4%22.9%
$184.00Sep 4Sep 11$1.0027.7%23.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 118 found (cheapest 1.68% of stock, avg 5.41%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$184.00Sep 4$1.29$1.80$3.09$180.91$187.091.68%
$183.00Sep 4$1.84$1.32$3.16$179.84$186.161.72%
$182.50Sep 4$2.13$1.12$3.25$179.25$185.751.77%
$185.00Sep 4$0.95$2.39$3.34$181.66$188.341.82%
$182.00Sep 4$2.51$0.93$3.44$178.56$185.441.87%
$186.00Sep 4$0.55$3.10$3.65$182.35$189.651.99%
$181.00Sep 4$3.20$0.60$3.80$177.20$184.802.07%
$187.00Sep 4$0.36$3.88$4.24$182.76$191.242.31%
$180.00Sep 4$4.03$0.44$4.47$175.53$184.472.44%
$187.50Sep 4$0.31$4.55$4.86$182.64$192.362.65%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 0.41% of stock, avg 3.22%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$187.50$180.00Sep 4$0.31$0.44$0.75$179.25$188.25
$187.00$180.00Sep 4$0.36$0.44$0.80$179.20$187.80
$187.50$181.00Sep 4$0.31$0.60$0.91$180.09$188.41
$187.00$181.00Sep 4$0.36$0.60$0.96$180.04$187.96
$186.00$180.00Sep 4$0.55$0.44$0.99$179.01$186.99
$186.00$181.00Sep 4$0.55$0.60$1.15$179.85$187.15
$187.00$182.00Sep 4$0.36$0.93$1.29$180.71$188.29
$187.50$182.00Sep 4$0.31$0.93$1.24$180.76$188.74
$186.00$182.00Sep 4$0.55$0.93$1.48$180.52$187.48
$185.00$180.00Sep 4$0.95$0.44$1.39$178.61$186.39

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 213 found (best R:R 3.35, avg credit $0.48)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
177/178193/194Oct 2$0.77$0.2345%3.35$176.73$193.77
178/179189/190Sep 18$0.81$0.1940%4.26$178.19$189.81
178/179191/192Sep 18$0.73$0.2747%2.70$178.27$191.73
174/175193/194Oct 2$0.67$0.3351%2.03$174.33$193.67
177/178189/190Oct 2$0.83$0.1734%4.88$176.67$189.83
170/171193/194Oct 16$0.67$0.3349%2.03$170.33$193.67
174/175188/189Sep 25$0.74$0.2641%2.85$174.26$188.74
174/175193/194Oct 16$0.72$0.2842%2.57$174.28$193.72
174/175189/190Oct 2$0.73$0.2740%2.70$174.27$189.73
173/174188/189Sep 25$0.69$0.3144%2.23$173.31$188.69

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 102 found (best R:R 15.95, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$150.00$160.00$170.00Oct 16$0.59$9.4114%15.95
$205.00$210.00$215.00Oct 16$0.09$4.916%54.56
$200.00$205.00$210.00Oct 16$0.22$4.789%21.73
$167.50$170.00$172.50Sep 18$0.07$2.436%34.71
$200.00$202.50$205.00Oct 2$0.08$2.425%30.25
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$150.00$155.00$160.00Oct 16$0.05$4.955%99.00
$155.00$160.00$165.00Oct 16$0.11$4.896%44.45
$185.00$186.00$187.00Sep 4$0.07$0.9318%13.29
$180.00$181.00$182.00Sep 11$0.05$0.9511%19.00
$183.00$184.00$185.00Sep 4$0.11$0.8920%8.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 143 found (best net $-7.42, 135 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Oct 16-$7.42$2.58
$180.00$183.001:2Sep 11-$0.99$2.01
$200.00$205.001:2Oct 16-$0.09$4.91
$205.00$210.001:2Oct 16-$0.07$4.93
$210.00$215.001:2Oct 16-$0.01$4.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$180.00$175.001:2Oct 9-$1.30$3.70
$170.00$165.001:2Oct 16-$0.60$4.40
$165.00$160.001:2Sep 25-$0.26$4.74
$160.00$155.001:2Sep 25-$0.16$4.84
$180.00$179.001:2Sep 4-$0.10$0.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 91 found (best yield 3.35%, avg 0.87%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$184.00Oct 16$6.150.500.3%3.35%3.61%19439
$185.00Oct 16$5.550.480.8%3.02%3.83%39111
$186.00Oct 16$5.100.451.4%2.78%4.13%323
$187.00Oct 16$4.550.431.9%2.48%4.38%175
$188.00Oct 16$4.150.402.4%2.26%4.70%12160
$189.00Oct 16$3.650.383.0%1.99%4.97%313
$190.00Oct 16$3.400.353.5%1.85%5.38%24436
$191.00Oct 16$2.730.334.1%1.49%5.56%--71
$184.00Oct 2$4.800.490.3%2.62%2.88%66
$193.00Oct 16$2.280.295.2%1.24%6.41%--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 9,641
Total Puts 10,052
Put/Call Ratio 1.04
Net Difference -411

Prior's Put/Call Breakdown

Total Calls 7,309
Total Puts 10,940
Put/Call Ratio 1.50
Net Difference -3,631

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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