Tour v526
XLK
State StreetTechSelSectSPDRETF
$183.24 -0.22%
9/2 14:45

Option Volume

Detail
Current (09/02 2:45pm) 19,900
Calls: 9,803 (49%)
Puts: 10,097 (51%)
Prior (08/31) 18,804
Calls: 7,684 (41%)
Puts: 11,120 (59%)
Current vs Prior +5.83%
Calls: +27.58% (Calls)
Puts: -9.20% (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 -23.54%
Calls: +2.53%
Puts: -38.68%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 2:45pm) $21.41M
Calls: $18.62M (87%)
Puts: $2.80M (13%)
Prior (08/31) $26.16M
Calls: $17.68M (68%)
Puts: $8.48M (32%)
Current vs Prior -18.14%
Calls: +5.28%
Puts: -67.01%
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 +16.67%
Calls: +45.19%
Puts: -49.45%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 2:45pm) 1.03
Prior (08/31) 1.45
Current vs Prior -28.83%
Prior 7-Day Average 1.98
Current vs Prior 7-Day Avg -48.01%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 2:45pm) 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 2.01% | 3.19%4.39% | 7.17%
Prior 2.89% | 3.80%4.89% | 8.18%
Current vs Prior -30.41% | -16.15%-10.16% | -12.45%
Prior 7-Day Avg 2.48% | 3.83%5.02% | 8.03%
Current vs 7-Day Avg -19.07% | -16.69%-12.56% | -10.73%
Prior 7-Day Eod 2.89% | 3.80%4.89% | 8.18%
Current vs 7-Day Eod -30.41% | -16.15%-10.16% | -12.45%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 13.89% | 12.66%
Calls: 15.56% | 13.18%
Puts: 12.23% | 12.15%
Prior 117.05% | 53.95%
Calls: 136.96% | 31.31%
Puts: 97.14% | 76.60%
Current vs Prior -88.13% | -76.53%
Prior 7-Day Avg 60.74% | 42.81%
Calls: 63.12% | 37.36%
Puts: 58.36% | 48.26%
Current vs 7-Day Avg -77.13% | -70.43%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 87% of dollar volume in calls ($18.62M) vs puts ($2.80M). Slightly bearish P/C ratio of 1.03. P/C ratio dropping 29% - 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
14:45BULLISHNEUTRALMIXED
14:40BULLISHNEUTRALMIXED
14:35BULLISHNEUTRALMIXED
14:30BULLISHNEUTRALMIXED
14:25BULLISHNEUTRALMIXED
14:20BULLISHNEUTRALMIXED
14:15BULLISHNEUTRALMIXED
14:10BULLISHNEUTRALMIXED
14:00BULLISHNEUTRALMIXED
13:55BULLISHBEARISHBEARISH
13:50BULLISHBEARISHBEARISH
13:45BULLISHNEUTRALMIXED
13:40BULLISHNEUTRALMIXED
13:35BULLISHNEUTRALMIXED
13:30BULLISHNEUTRALMIXED
13:25BULLISHBEARISHBEARISH
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12:55BULLISHBEARISHBEARISH
12:50BULLISHBEARISHBEARISH
12:45BULLISHBEARISHBEARISH
12:40BULLISHNEUTRALMIXED
12:35BULLISHNEUTRALBULLISH
12:30BULLISHNEUTRALBULLISH
12:25BULLISHNEUTRALMIXED
12:20BULLISHNEUTRALMIXED
12:15BULLISHBEARISHBEARISH
12:10BULLISHBEARISHBEARISH
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12:00BULLISHBEARISHBEARISH
11:55BULLISHBEARISHBEARISH
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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 123 of results (avg 6.4%, best 2.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Oct 1634.0034.70$34.352.0%--0.9570
$160.00Oct 1624.7025.25$24.982.2%--0.9019
$156.00Sep 427.0527.85$27.452.9%3331.00189
$150.00Sep 1833.0534.05$33.553.0%--0.983.9K
$150.00Sep 432.9533.95$33.453.0%200.99168
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 411.4011.90$11.654.3%21.00--
$190.00Oct 169.359.80$9.574.7%--0.65329
$200.00Oct 216.4517.25$16.854.7%--0.9044
$184.00Oct 166.106.40$6.254.8%10.50135
$200.00Oct 1616.8017.65$17.234.9%--0.85158

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 9 found (avg $0.66, cheapest $0.71)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$189.00Sep 110.570.65$0.6113.1%90.19478
$194.00Sep 180.420.50$0.4617.4%--0.1257
$193.00Sep 180.540.65$0.6018.3%100.1422
$192.00Sep 180.680.80$0.7416.2%50.175
$205.00Oct 160.510.60$0.5516.4%70.09240
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$181.00Sep 40.650.76$0.7115.5%360.28124
$172.50Sep 180.750.90$0.8318.1%10.141.2K
$173.00Sep 180.830.96$0.9014.4%10.1555
$150.00Oct 160.490.56$0.5313.2%10.051.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 159 found (avg delta 0.80, 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
$156.00Sep 427.0527.85$27.452.9%3331.00189
$158.00Sep 425.0525.95$25.503.5%4541.00108
$159.00Sep 424.0024.95$24.483.9%341.0041
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Sep 46.356.90$6.638.3%71.00202
$191.00Sep 47.158.65$7.9019.0%--1.0061
$192.00Sep 48.259.00$8.638.7%51.005
$192.50Sep 48.5010.10$9.3017.2%11.003
$194.00Sep 410.3010.90$10.605.7%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 261 active (total vol 12.1K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 250.620.78$0.7022.9%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 40.440.56$0.5024.0%2.4K0.212.7K
$165.00Oct 161.371.48$1.437.7%2050.143.7K
$170.00Oct 162.032.14$2.095.3%1920.201.3K
$165.00Sep 250.550.68$0.6221.0%1910.0955
$187.00Sep 185.255.80$5.539.9%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. 21 strikes (avg 19.7%, max 29.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$179.00Sep 4Oct 1632.0%24.7%29.5%--32
$180.00Sep 4Oct 1630.7%24.1%27.3%9381
$184.00Sep 4Oct 1628.7%23.1%24.5%23476
$182.00Sep 4Oct 1629.4%23.7%23.9%176
$181.00Sep 4Oct 1629.7%24.0%23.5%377
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$179.00Sep 4Oct 1632.0%24.7%29.5%3117
$180.00Sep 4Oct 1630.7%24.1%27.3%2.5K2.9K
$184.00Sep 4Oct 1628.7%23.1%24.5%28292
$182.00Sep 4Oct 1629.4%23.7%23.9%67110
$181.00Sep 4Oct 1629.7%24.0%23.5%84174

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 199 found (best R:R 0.50, avg 4.10)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$156.00$157.50Sep 18$1.00$0.50$1.0098%0.50$157.00
$171.00$172.00Sep 4$0.60$0.40$0.6098%0.67$171.60
$159.00$160.00Sep 18$0.65$0.35$0.6597%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
$188.00$187.50Sep 4$0.23$0.27$0.2390%1.17$187.77
$187.00$186.00Sep 4$0.63$0.37$0.6384%0.59$186.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 149 found (best R:R 3.17, avg 0.46)

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
$189.00$190.00Sep 18$0.42$0.42$0.5872%0.72$189.42
$193.00$194.00Oct 16$0.43$0.43$0.5771%0.75$193.43
$191.00$192.00Sep 18$0.33$0.33$0.6779%0.49$191.33
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
$179.00$178.00Sep 18$0.41$0.41$0.5968%0.69$178.59
$173.00$170.00Oct 9$0.68$0.68$2.3276%0.29$172.32
$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 $1.25, cheapest $0.91)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 18$2.1629.2%23.1%
$183.00Sep 4Sep 11$1.1628.6%22.6%
$185.00Sep 4Sep 11$1.0128.8%23.0%
$182.00Sep 4Sep 18$2.2129.4%23.6%
$184.00Sep 4Sep 11$1.1928.7%24.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 11$0.9129.2%22.0%
$182.00Sep 4Sep 11$0.9929.4%23.0%
$183.00Sep 4Sep 11$1.0228.6%22.6%
$185.00Sep 4Sep 11$0.8928.8%23.0%
$184.00Sep 4Sep 11$1.0028.7%24.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 123 found (cheapest 1.73% of stock, avg 5.55%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$184.00Sep 4$1.29$1.88$3.17$180.83$187.171.73%
$183.00Sep 4$1.80$1.40$3.20$179.80$186.201.75%
$182.50Sep 4$2.09$1.21$3.30$179.20$185.801.80%
$185.00Sep 4$0.91$2.51$3.42$181.58$188.421.87%
$182.00Sep 4$2.42$1.02$3.44$178.56$185.441.88%
$186.00Sep 4$0.55$3.25$3.80$182.20$189.802.07%
$181.00Sep 4$3.15$0.71$3.86$177.14$184.862.11%
$187.00Sep 4$0.35$3.88$4.23$182.77$191.232.31%
$180.00Sep 4$3.93$0.50$4.43$175.57$184.432.42%
$187.50Sep 4$0.30$4.55$4.85$182.65$192.352.65%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 0.44% of stock, avg 3.22%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$187.50$180.00Sep 4$0.30$0.50$0.80$179.20$188.30
$187.00$180.00Sep 4$0.35$0.50$0.85$179.15$187.85
$186.00$180.00Sep 4$0.55$0.50$1.05$178.95$187.05
$187.50$181.00Sep 4$0.30$0.71$1.01$179.99$188.51
$187.00$181.00Sep 4$0.35$0.71$1.06$179.94$188.06
$186.00$181.00Sep 4$0.55$0.71$1.26$179.74$187.26
$185.00$180.00Sep 4$0.91$0.50$1.41$178.59$186.41
$187.50$182.00Sep 4$0.30$1.02$1.32$180.68$188.82
$187.00$182.00Sep 4$0.35$1.02$1.37$180.63$188.37
$185.00$181.00Sep 4$0.91$0.71$1.62$179.38$186.62

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 199 found (best R:R 4.88, avg credit $0.49)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
178/179189/190Sep 18$0.83$0.1740%4.88$178.17$189.83
177/178193/194Oct 2$0.77$0.2345%3.35$176.73$193.77
178/179191/192Sep 18$0.74$0.2647%2.85$178.26$191.74
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
174/175189/190Oct 2$0.73$0.2740%2.70$174.27$189.73
174/175193/194Oct 16$0.71$0.2942%2.45$174.29$193.71
169/170188/189Sep 25$0.62$0.3851%1.63$169.38$188.62
174/175188/189Sep 25$0.71$0.2942%2.45$174.29$188.71

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 98 found (best R:R 15.95, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$150.00$160.00$170.00Oct 16$0.59$9.4115%15.95
$205.00$210.00$215.00Oct 16$0.07$4.936%70.43
$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
$189.00$190.00$191.00Sep 11$0.05$0.956%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$150.00$155.00$160.00Oct 16$0.05$4.955%99.00
$160.00$165.00$170.00Oct 16$0.23$4.7710%20.74
$155.00$160.00$165.00Oct 16$0.17$4.837%28.41
$183.00$184.00$185.00Sep 11$0.06$0.9412%15.67
$184.00$185.00$186.00Sep 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. 140 found (best net $-7.42, 133 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Oct 16-$7.42$2.58
$180.00$183.001:2Sep 11-$0.95$2.05
$200.00$205.001:2Oct 16$0.00$5.00
$205.00$210.001:2Oct 16-$0.09$4.91
$210.00$215.001:2Oct 16$0.00$5.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$180.00$175.001:2Oct 9-$1.30$3.70
$165.00$160.001:2Sep 25-$0.26$4.74
$160.00$155.001:2Sep 25-$0.16$4.84
$169.00$165.001:2Sep 25-$0.36$3.64
$165.00$160.001:2Oct 2-$0.39$4.61

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 91 found (best yield 3.36%, avg 0.88%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$184.00Oct 16$6.150.500.4%3.36%3.77%21439
$185.00Oct 16$5.600.481.0%3.06%4.02%59111
$186.00Oct 16$5.150.451.5%2.81%4.32%3623
$187.00Oct 16$4.600.432.0%2.51%4.56%3175
$188.00Oct 16$4.150.402.6%2.26%4.86%12160
$189.00Oct 16$3.700.383.1%2.02%5.16%313
$190.00Oct 16$3.450.353.7%1.88%5.57%24436
$191.00Oct 16$2.730.334.2%1.49%5.72%--71
$184.00Oct 2$4.800.490.4%2.62%3.03%66
$185.00Oct 2$4.300.461.0%2.35%3.31%--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 9,803
Total Puts 10,097
Put/Call Ratio 1.03
Net Difference -294

Prior's Put/Call Breakdown

Total Calls 7,684
Total Puts 11,120
Put/Call Ratio 1.45
Net Difference -3,436

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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