Tour v526
XLK
State StreetTechSelSectSPDRETF
$183.56 -0.04%
9/2 15:50

Option Volume

Detail
Current (09/02 3:50pm) 21,005
Calls: 10,462 (50%)
Puts: 10,543 (50%)
Prior (09/01) 29,192
Calls: 12,364 (42%)
Puts: 16,828 (58%)
Current vs Prior -28.05%
Calls: -15.38% (Calls)
Puts: -37.35% (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 -19.29%
Calls: +9.42%
Puts: -35.97%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 3:50pm) $22.48M
Calls: $19.55M (87%)
Puts: $2.93M (13%)
Prior (09/01) $27.89M
Calls: $22.47M (81%)
Puts: $5.42M (19%)
Current vs Prior -19.40%
Calls: -12.98%
Puts: -45.99%
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 +22.49%
Calls: +52.49%
Puts: -47.07%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 3:50pm) 1.01
Prior (09/01) 1.36
Current vs Prior -25.96%
Prior 7-Day Average 1.98
Current vs Prior 7-Day Avg -49.14%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 3:50pm) 768,134
Calls: 276,846 (36%)
Puts: 491,288 (64%)
Prior (09/01) 755,513
Calls: 271,309 (36%)
Puts: 484,204 (64%)
Current vs Prior +1.67%
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 1.90% | 3.21%4.39% | 7.18%
Prior 2.89% | 3.80%4.89% | 8.18%
Current vs Prior -34.13% | -15.44%-10.32% | -12.28%
Prior 7-Day Avg 2.48% | 3.83%5.02% | 8.03%
Current vs 7-Day Avg -23.39% | -15.98%-12.71% | -10.55%
Prior 7-Day Eod 2.89% | 3.80%4.89% | 8.18%
Current vs 7-Day Eod -34.13% | -15.44%-10.32% | -12.28%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 30.02% | 22.14%
Calls: 19.27% | 27.60%
Puts: 40.76% | 16.67%
Prior 117.05% | 53.95%
Calls: 136.96% | 31.31%
Puts: 97.14% | 76.60%
Current vs Prior -74.35% | -58.96%
Prior 7-Day Avg 60.74% | 42.81%
Calls: 63.12% | 37.36%
Puts: 58.36% | 48.26%
Current vs 7-Day Avg -50.58% | -48.28%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 87% of dollar volume in calls ($19.55M) vs puts ($2.93M). Slightly bearish P/C ratio of 1.01. P/C ratio dropping 26% - 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
15:50BULLISHNEUTRALMIXED
15:45BULLISHNEUTRALBULLISH
15:40BULLISHNEUTRALBULLISH
15:35BULLISHNEUTRALBULLISH
15:30BULLISHNEUTRALBULLISH
15:25BULLISHNEUTRALBULLISH
15:20BULLISHNEUTRALBULLISH
15:05BULLISHNEUTRALBULLISH
15:00BULLISHNEUTRALMIXED
14:55BULLISHNEUTRALMIXED
14:50BULLISHNEUTRALMIXED
14:45BULLISHNEUTRALMIXED
14:40BULLISHNEUTRALMIXED
14:35BULLISHNEUTRALMIXED
14:30BULLISHNEUTRALMIXED
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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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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 98 of results (avg 6.6%, best 1.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Oct 1624.9025.35$25.131.8%10.9019
$165.00Oct 1620.3520.80$20.582.2%10.867
$160.00Sep 2523.8524.40$24.132.3%10.942
$156.00Sep 1127.2027.90$27.552.5%31.003
$162.50Sep 1821.3021.85$21.582.5%10.951.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Oct 216.4017.15$16.774.5%--0.9144
$200.00Oct 1616.8017.65$17.234.9%--0.85158
$190.00Oct 169.209.70$9.455.3%--0.65329
$184.00Oct 166.006.40$6.206.5%10.50135
$185.00Oct 166.456.90$6.686.7%--0.52120

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.83, cheapest $0.83)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$172.50Sep 180.750.90$0.8318.1%10.141.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 165 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 428.0028.85$28.433.0%731.00262
$156.00Sep 426.9529.50$28.239.0%3331.00189
$157.00Sep 426.0527.10$26.584.0%3101.00112
$157.50Sep 425.5026.65$26.084.4%4551.00115
$158.00Sep 425.0525.95$25.503.5%4541.00108
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 414.6018.25$16.4322.2%11.005
$195.00Sep 410.9512.15$11.5510.4%20.99--
$194.00Sep 49.9511.10$10.5210.9%20.99--
$192.00Sep 47.808.85$8.3212.6%50.995
$191.00Sep 47.158.65$7.9019.0%--0.9861

Most actively traded options today. High liquidity = easy entry/exit. 287 active (total vol 12.9K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 250.391.01$0.7088.6%4930.1436
$157.50Sep 425.5026.65$26.084.4%4551.00115
$158.00Sep 425.0525.95$25.503.5%4541.00108
$161.00Sep 420.5023.15$21.8312.1%4431.0011
$162.00Sep 420.2023.40$21.8014.7%4061.00109
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.330.90$0.6291.9%2.4K0.192.7K
$165.00Oct 161.141.59$1.3732.8%3810.143.7K
$170.00Oct 161.862.18$2.0215.8%1960.201.3K
$165.00Sep 250.370.68$0.5358.5%1910.0955
$187.00Sep 183.656.80$5.2360.2%1620.65164

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 16.4%, max 26.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 1630.6%24.1%26.7%9381
$181.00Sep 4Oct 1630.1%24.2%24.7%377
$182.00Sep 4Oct 1629.3%23.9%22.9%176
$183.00Sep 4Oct 1628.4%23.2%22.3%33155
$184.00Sep 4Oct 1628.1%23.0%22.1%23476
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Sep 4Oct 1630.6%24.1%26.7%2.5K2.9K
$181.00Sep 4Oct 1630.1%24.2%24.7%84174
$182.00Sep 4Oct 1629.3%23.9%22.9%67110
$183.00Sep 4Oct 1628.4%23.2%22.3%101190
$184.00Sep 4Oct 1628.1%23.0%22.1%28292

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 182 found (best R:R 0.95, avg 4.47)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$155.00$156.00Sep 4$0.20$0.80$0.20100%4.00$155.20
$170.00$172.50Sep 18$1.58$0.92$1.5890%0.58$171.58
$156.00$157.50Sep 18$1.00$0.50$1.00100%0.50$157.00
$179.00$180.00Sep 11$0.22$0.78$0.2274%3.55$179.22
$159.00$160.00Sep 18$0.65$0.35$0.65100%0.54$159.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$195.00$192.50Sep 18$1.28$1.22$1.2890%0.95$193.72
$192.00$191.00Sep 11$0.28$0.72$0.2891%2.57$191.72
$192.00$191.00Sep 4$0.42$0.58$0.4299%1.38$191.58
$190.00$189.00Sep 4$0.42$0.58$0.4296%1.38$189.58
$189.00$186.00Sep 25$1.53$1.47$1.5369%0.96$187.47

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 132 found (best R:R 1.56, avg 0.51)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$194.00$195.00Oct 2$0.61$0.61$0.3979%1.56$194.61
$190.00$191.00Oct 2$0.61$0.61$0.3969%1.56$190.61
$191.00$192.00Sep 25$0.52$0.52$0.4875%1.08$191.52
$184.00$185.00Sep 11$0.72$0.72$0.2852%2.57$184.72
$193.00$194.00Oct 16$0.52$0.52$0.4871%1.08$193.52
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$174.00$171.00Oct 2$0.96$0.96$2.0477%0.47$173.04
$175.00$174.00Oct 16$0.55$0.55$0.4571%1.22$174.45
$182.00$181.00Sep 25$0.70$0.70$0.3056%2.33$181.30
$182.00$181.00Sep 4$0.53$0.53$0.4765%1.13$181.47
$177.50$177.00Oct 2$0.38$0.38$0.1268%3.17$177.12

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $1.28, cheapest $2.16)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 18$2.1629.0%21.9%
$182.00Sep 4Sep 18$2.2629.3%23.1%
$183.00Sep 4Sep 11$1.1628.4%22.7%
$185.00Sep 4Sep 11$0.7427.3%22.3%
$184.00Sep 4Sep 11$1.1628.1%23.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.00Sep 4Sep 11$0.8429.3%23.0%
$182.50Sep 4Sep 11$1.2329.0%22.7%
$183.00Sep 4Sep 11$0.6528.4%22.7%
$185.00Sep 4Sep 11$1.3627.3%22.3%
$184.00Sep 4Sep 11$1.2528.1%23.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 123 found (cheapest 1.59% of stock, avg 5.45%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$184.00Sep 4$1.34$1.57$2.91$181.09$186.911.59%
$182.50Sep 4$2.19$1.01$3.20$179.30$185.701.74%
$185.00Sep 4$1.04$2.15$3.19$181.81$188.191.74%
$183.00Sep 4$1.92$1.29$3.21$179.79$186.211.75%
$186.00Sep 4$0.54$3.07$3.61$182.39$189.611.97%
$182.00Sep 4$2.71$1.08$3.79$178.21$185.792.06%
$181.00Sep 4$3.35$0.55$3.90$177.10$184.902.12%
$187.00Sep 4$0.43$3.63$4.06$182.94$191.062.21%
$188.00Sep 4$0.17$4.60$4.77$183.23$192.772.60%
$187.50Sep 4$0.37$4.45$4.82$182.68$192.322.63%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.50% of stock, avg 3.22%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$187.50$181.00Sep 4$0.37$0.55$0.92$180.08$188.42
$187.50$180.00Sep 4$0.37$0.62$0.99$179.01$188.49
$187.00$180.00Sep 4$0.43$0.62$1.05$178.95$188.05
$187.00$181.00Sep 4$0.43$0.55$0.98$180.02$187.98
$186.00$181.00Sep 4$0.54$0.55$1.09$179.91$187.09
$186.00$180.00Sep 4$0.54$0.62$1.16$178.84$187.16
$185.00$181.00Sep 4$1.04$0.55$1.59$179.41$186.59
$186.00$182.00Sep 4$0.54$1.08$1.62$180.38$187.62
$186.00$182.50Sep 4$0.54$1.01$1.55$180.95$187.55
$187.50$182.00Sep 4$0.37$1.08$1.45$180.55$188.95

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 210 found (best R:R 5.25, avg credit $0.56)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
169/170194/195Oct 2$0.84$0.1662%5.25$169.16$194.84
169/170190/191Oct 2$0.84$0.1653%5.25$169.16$190.84
175/176194/195Sep 25$0.76$0.2458%3.17$175.24$194.76
170/171193/194Oct 16$0.82$0.1849%4.56$170.18$193.82
178/179191/192Sep 25$0.90$0.1041%9.00$178.10$191.90
170/171191/192Oct 16$0.85$0.1545%5.67$170.15$191.85
173/174191/192Sep 18$0.68$0.3262%2.13$173.32$191.68
178/179191/192Sep 18$0.82$0.1847%4.56$178.18$191.82
181/182189/190Sep 4$0.71$0.2957%2.45$181.29$189.71
177/178188/188Sep 4$0.38$0.1276%3.17$177.12$187.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 96 found (best R:R 28.41, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 16$0.17$4.8310%28.41
$189.00$190.00$191.00Sep 11$0.06$0.948%15.67
$190.00$191.00$192.00Sep 4$0.06$0.943%15.67
$205.00$207.50$210.00Sep 18$0.07$2.432%34.71
$200.00$202.50$205.00Sep 11$0.07$2.432%34.71
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$160.00$165.00$170.00Oct 16$0.19$4.8111%25.32
$155.00$160.00$165.00Sep 25$0.15$4.855%32.33
$183.00$184.00$185.00Sep 18$0.08$0.928%11.50
$177.00$177.50$178.00Sep 11$0.06$0.443%7.33
$174.00$175.00$176.00Sep 18$0.08$0.925%11.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 145 found (best net $-5.27, 133 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Sep 25-$5.27$4.73
$180.00$183.001:2Sep 11-$1.08$1.92
$200.00$205.001:2Oct 16$0.00$5.00
$190.00$194.001:2Oct 9-$0.89$3.11
$200.00$202.501:2Oct 2-$0.08$2.42
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$180.00$175.001:2Oct 9-$0.60$4.40
$169.00$165.001:2Sep 25-$0.21$3.79
$174.00$171.001:2Oct 2-$0.42$2.58
$165.00$160.001:2Sep 25-$0.15$4.85
$170.00$167.501:2Sep 18-$0.12$2.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 89 found (best yield 3.35%, avg 0.83%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$184.00Oct 16$6.150.500.2%3.35%3.59%21439
$185.00Oct 16$5.600.480.8%3.05%3.84%59111
$187.00Oct 16$4.600.431.9%2.51%4.38%8775
$190.00Oct 16$3.450.353.5%1.88%5.39%24436
$186.00Oct 16$4.550.451.3%2.48%3.81%9223
$188.00Oct 16$3.800.402.4%2.07%4.49%60160
$189.00Oct 16$3.300.383.0%1.80%4.76%5113
$191.00Oct 16$2.730.334.0%1.49%5.54%--71
$185.00Oct 2$4.400.470.8%2.40%3.18%--23
$193.00Oct 16$2.280.295.1%1.24%6.38%--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 10,462
Total Puts 10,543
Put/Call Ratio 1.01
Net Difference -81

Prior's Put/Call Breakdown

Total Calls 12,364
Total Puts 16,828
Put/Call Ratio 1.36
Net Difference -4,464

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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