Tour v526
XLK
State StreetTechSelSectSPDRETF
$183.31 -0.18%
9/2 14:55

Option Volume

Detail
Current (09/02 2:55pm) 20,115
Calls: 10,014 (50%)
Puts: 10,101 (50%)
Prior (08/31) 18,988
Calls: 7,807 (41%)
Puts: 11,181 (59%)
Current vs Prior +5.94%
Calls: +28.27% (Calls)
Puts: -9.66% (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 -22.71%
Calls: +4.74%
Puts: -38.65%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 2:55pm) $21.90M
Calls: $19.08M (87%)
Puts: $2.82M (13%)
Prior (08/31) $26.26M
Calls: $17.77M (68%)
Puts: $8.49M (32%)
Current vs Prior -16.60%
Calls: +7.38%
Puts: -66.79%
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 +19.33%
Calls: +48.83%
Puts: -49.03%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 2:55pm) 1.01
Prior (08/31) 1.43
Current vs Prior -29.57%
Prior 7-Day Average 1.98
Current vs Prior 7-Day Avg -49.09%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 2:55pm) 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 2.01% | 3.19%4.39% | 7.16%
Prior 2.89% | 3.80%4.89% | 8.18%
Current vs Prior -30.43% | -16.17%-10.19% | -12.47%
Prior 7-Day Avg 2.48% | 3.83%5.02% | 8.03%
Current vs 7-Day Avg -19.10% | -16.71%-12.58% | -10.75%
Prior 7-Day Eod 2.89% | 3.80%4.89% | 8.18%
Current vs 7-Day Eod -30.43% | -16.17%-10.19% | -12.47%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 13.86% | 12.66%
Calls: 14.36% | 13.18%
Puts: 13.37% | 12.15%
Prior 117.05% | 53.95%
Calls: 136.96% | 31.31%
Puts: 97.14% | 76.60%
Current vs Prior -88.16% | -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 -77.18% | -70.43%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 87% of dollar volume in calls ($19.08M) vs puts ($2.82M). Slightly bearish P/C ratio of 1.01. 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
14:55BULLISHNEUTRALMIXED
14:50BULLISHNEUTRALMIXED
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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13:05BULLISHBEARISHBEARISH
13:00BULLISHBEARISHBEARISH
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 132 of results (avg 6.2%, best 1.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Oct 1624.8025.15$24.981.4%10.8919
$150.00Oct 1634.1034.60$34.351.5%--0.9370
$150.00Sep 433.0533.85$33.452.4%220.98168
$169.00Sep 414.2514.65$14.452.8%120.9910
$171.00Sep 412.2512.60$12.432.8%40.9826
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Oct 216.5517.15$16.853.6%--0.9044
$195.00Sep 411.4011.90$11.654.3%21.00--
$190.00Oct 169.359.80$9.574.7%--0.65329
$170.00Oct 162.052.15$2.104.8%1920.201.3K
$184.00Oct 166.106.40$6.254.8%10.50135

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 9 found (avg $0.65, cheapest $0.64)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$189.00Sep 110.580.70$0.6418.8%100.19478
$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
$170.00Sep 180.580.67$0.6314.3%40.114.2K
$172.50Sep 180.750.90$0.8318.1%10.141.2K
$173.00Sep 180.850.95$0.9011.1%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. 161 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
$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%2501.0065
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$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--
$195.00Sep 411.4011.90$11.654.3%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 267 active (total vol 12.2K, 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 40.430.56$0.5026.0%2.4K0.212.7K
$165.00Oct 161.381.48$1.437.0%2050.143.7K
$170.00Oct 162.052.15$2.104.8%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 19.3%, max 29.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$179.00Sep 4Oct 1631.9%24.7%29.3%--32
$180.00Sep 4Oct 1630.7%24.1%27.2%9381
$184.00Sep 4Oct 1628.7%23.1%24.4%23476
$182.00Sep 4Oct 1629.4%23.7%23.7%176
$183.00Sep 4Oct 1628.7%23.4%23.1%30155
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$179.00Sep 4Oct 1631.9%24.7%29.3%3117
$180.00Sep 4Oct 1630.7%24.1%27.2%2.5K2.9K
$184.00Sep 4Oct 1628.7%23.1%24.4%28292
$182.00Sep 4Oct 1629.4%23.7%23.7%67110
$183.00Sep 4Oct 1628.7%23.4%23.1%97190

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 196 found (best R:R 0.50, avg 4.17)

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$0.6597%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
$190.00$191.00Sep 18$0.11$0.89$0.1124%8.09$190.11
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$179.00$177.50Oct 2$0.20$1.30$0.2036%6.50$178.80
$185.00$184.00Sep 18$0.25$0.75$0.2556%3.00$184.75
$184.00$182.00Oct 2$0.67$1.33$0.6751%1.99$183.33
$195.00$193.00Oct 16$1.22$0.78$1.2276%0.64$193.78
$188.00$187.50Sep 4$0.23$0.27$0.2389%1.17$187.77

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 148 found (best R:R 1.08, avg 0.46)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$193.00$194.00Oct 16$0.52$0.52$0.4871%1.08$193.52
$186.00$187.00Sep 11$0.53$0.53$0.4765%1.13$186.53
$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
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 $0.92)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$183.00Sep 4Sep 11$1.1528.7%22.6%
$182.50Sep 4Sep 18$2.1429.2%23.1%
$185.00Sep 4Sep 11$0.9828.8%22.7%
$182.00Sep 4Sep 18$2.1929.4%23.6%
$184.00Sep 4Sep 11$1.1928.7%24.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 11$0.9229.2%22.0%
$182.00Sep 4Sep 11$0.9829.4%22.8%
$183.00Sep 4Sep 11$1.0228.7%22.6%
$185.00Sep 4Sep 11$0.9328.8%22.7%
$184.00Sep 4Sep 11$1.0128.7%24.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 124 found (cheapest 1.72% of stock, avg 5.55%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$184.00Sep 4$1.29$1.87$3.16$180.84$187.161.72%
$183.00Sep 4$1.81$1.40$3.21$179.79$186.211.75%
$182.50Sep 4$2.11$1.20$3.31$179.19$185.811.81%
$185.00Sep 4$0.91$2.47$3.38$181.62$188.381.84%
$182.00Sep 4$2.44$1.01$3.45$178.55$185.451.88%
$186.00Sep 4$0.55$3.18$3.73$182.27$189.732.03%
$181.00Sep 4$3.15$0.69$3.84$177.16$184.842.09%
$187.00Sep 4$0.33$3.88$4.21$182.79$191.212.30%
$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 3.21%)

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$0.33$0.50$0.83$179.17$187.83
$186.00$180.00Sep 4$0.55$0.50$1.05$178.95$187.05
$187.50$181.00Sep 4$0.30$0.69$0.99$180.01$188.49
$187.00$181.00Sep 4$0.33$0.69$1.02$179.98$188.02
$186.00$181.00Sep 4$0.55$0.69$1.24$179.76$187.24
$185.00$180.00Sep 4$0.91$0.50$1.41$178.59$186.41
$187.50$182.00Sep 4$0.30$1.01$1.31$180.69$188.81
$187.00$182.00Sep 4$0.33$1.01$1.34$180.66$188.34
$185.00$181.00Sep 4$0.91$0.69$1.60$179.40$186.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 196 found (best R:R 3.00, avg credit $0.50)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
170/171193/194Oct 16$0.75$0.2549%3.00$170.25$193.75
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
175/176193/194Oct 16$0.80$0.2040%4.00$175.20$193.80
171/172193/194Oct 16$0.72$0.2848%2.57$171.28$193.72
174/175193/194Oct 16$0.77$0.2342%3.35$174.23$193.77
174/175193/194Oct 2$0.66$0.3451%1.94$174.34$193.66
177/178189/190Oct 2$0.83$0.1734%4.88$176.67$189.83
173/174193/194Oct 16$0.69$0.3144%2.23$173.31$193.69

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 89 found (best R:R 15.95, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$150.00$160.00$170.00Oct 16$0.59$9.4113%15.95
$205.00$210.00$215.00Oct 16$0.08$4.926%61.50
$167.50$170.00$172.50Sep 18$0.07$2.437%34.71
$180.00$181.00$182.00Sep 4$0.07$0.9316%13.29
$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
$160.00$165.00$170.00Oct 16$0.24$4.7610%19.83
$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$0.8919%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 $-5.35, 133 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Sep 25-$5.35$4.65
$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-$0.04$4.96
$205.00$210.001:2Oct 16-$0.09$4.91
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 3.35%, avg 0.87%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$184.00Oct 16$6.150.500.4%3.35%3.73%21439
$185.00Oct 16$5.600.480.9%3.05%3.98%59111
$186.00Oct 16$5.150.451.5%2.81%4.28%8323
$187.00Oct 16$4.600.432.0%2.51%4.52%7875
$188.00Oct 16$4.150.402.6%2.26%4.82%12160
$189.00Oct 16$3.700.383.1%2.02%5.12%313
$190.00Oct 16$3.450.353.6%1.88%5.53%24436
$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$4.300.460.9%2.35%3.27%--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 10,014
Total Puts 10,101
Put/Call Ratio 1.01
Net Difference -87

Prior's Put/Call Breakdown

Total Calls 7,807
Total Puts 11,181
Put/Call Ratio 1.43
Net Difference -3,374

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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