Tour v526
XLK
State StreetTechSelSectSPDRETF
$183.60 -0.02%
9/2 15:55

Option Volume

Detail
Current (09/02 3:55pm) 21,093
Calls: 10,538 (50%)
Puts: 10,555 (50%)
Prior (09/01) 29,246
Calls: 12,395 (42%)
Puts: 16,851 (58%)
Current vs Prior -27.88%
Calls: -14.98% (Calls)
Puts: -37.36% (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 -18.96%
Calls: +10.22%
Puts: -35.90%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 3:55pm) $22.78M
Calls: $19.75M (87%)
Puts: $3.03M (13%)
Prior (09/01) $28.02M
Calls: $22.58M (81%)
Puts: $5.44M (19%)
Current vs Prior -18.69%
Calls: -12.52%
Puts: -44.30%
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 +24.12%
Calls: +54.04%
Puts: -45.22%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 3:55pm) 1.00
Prior (09/01) 1.36
Current vs Prior -26.32%
Prior 7-Day Average 1.98
Current vs Prior 7-Day Avg -49.45%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 3:55pm) 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 1.97% | 2.75%4.03% | 7.22%
Prior 2.89% | 3.80%4.89% | 8.18%
Current vs Prior -31.87% | -27.78%-17.69% | -11.82%
Prior 7-Day Avg 2.48% | 3.83%5.02% | 8.03%
Current vs 7-Day Avg -20.77% | -28.24%-19.88% | -10.09%
Prior 7-Day Eod 2.89% | 3.80%4.89% | 8.18%
Current vs 7-Day Eod -31.87% | -27.78%-17.69% | -11.82%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 53.39% | 60.56%
Calls: 57.38% | 73.50%
Puts: 49.41% | 47.63%
Prior 117.05% | 53.95%
Calls: 136.96% | 31.31%
Puts: 97.14% | 76.60%
Current vs Prior -54.39% | +12.25%
Prior 7-Day Avg 60.74% | 42.81%
Calls: 63.12% | 37.36%
Puts: 58.36% | 48.26%
Current vs 7-Day Avg -12.10% | +41.46%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 87% of dollar volume in calls ($19.75M) vs puts ($3.03M). Slightly bearish P/C ratio of 1.00. 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
15:55BULLISHNEUTRALMIXED
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
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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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13:00BULLISHBEARISHBEARISH
12:55BULLISHBEARISHBEARISH
12:50BULLISHBEARISHBEARISH
12:45BULLISHBEARISHBEARISH
12:40BULLISHNEUTRALMIXED
12:35BULLISHNEUTRALBULLISH
12:30BULLISHNEUTRALBULLISH
12:25BULLISHNEUTRALMIXED
12:20BULLISHNEUTRALMIXED
12:15BULLISHBEARISHBEARISH
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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 43 of results (avg 6.3%, best 3.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Sep 428.0028.85$28.433.0%731.00262
$160.00Oct 1624.6025.40$25.003.2%10.9119
$160.00Sep 1823.5024.35$23.933.6%--0.94676
$152.50Sep 1830.5031.70$31.103.9%30.94597
$157.50Sep 1825.9527.00$26.484.0%--0.941.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Oct 1616.7517.65$17.205.2%--0.84158
$200.00Oct 216.1517.35$16.757.2%--0.9144
$200.00Sep 1816.2017.45$16.837.4%--0.97128
$195.00Oct 1612.6013.60$13.107.6%--0.7613
$189.00Oct 168.509.30$8.909.0%--0.6291

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

No options available for this category

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 426.9528.40$27.675.2%3331.00189
$157.00Sep 426.0527.50$26.785.4%3101.00112
$157.50Sep 425.5027.05$26.285.9%4551.00115
$158.00Sep 423.6527.40$25.5314.7%4541.00108
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 414.5018.40$16.4523.7%11.005
$195.00Sep 49.5512.55$11.0527.1%20.99--
$194.00Sep 48.5012.30$10.4036.5%20.99--
$200.00Sep 1816.2017.45$16.837.4%--0.97128
$190.00Sep 44.908.00$6.4548.1%70.97202

Most actively traded options today. High liquidity = easy entry/exit. 288 active (total vol 12.9K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$195.00Sep 250.391.19$0.79101.3%4930.1536
$157.50Sep 425.5027.05$26.285.9%4551.00115
$158.00Sep 423.6527.40$25.5314.7%4541.00108
$161.00Sep 420.6524.35$22.5016.4%4431.0011
$162.00Sep 420.2023.40$21.8014.7%4061.00109
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Sep 40.280.90$0.59105.1%2.4K0.222.7K
$165.00Oct 161.141.59$1.3732.8%3810.143.7K
$170.00Oct 161.862.18$2.0215.8%1960.201.3K
$165.00Sep 250.370.69$0.5360.4%1910.0855
$187.00Sep 183.656.80$5.2360.2%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. 18 strikes (avg 29.6%, max 67.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$182.50Sep 4Sep 2536.3%21.7%67.7%2234
$189.00Sep 4Oct 1638.1%23.2%63.9%601.5K
$180.00Sep 4Oct 1634.6%23.2%49.1%9381
$187.50Sep 4Oct 232.4%23.8%36.1%695
$187.00Sep 4Oct 1631.5%26.2%20.3%435221
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$189.00Sep 4Oct 1638.1%23.2%63.9%--101
$180.00Sep 4Oct 1634.6%23.2%49.1%2.5K2.9K
$182.50Sep 4Oct 936.3%24.9%45.8%180
$187.50Sep 4Sep 1832.4%23.5%37.4%2685
$187.00Sep 4Oct 1631.5%26.2%20.3%4262

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 164 found (best R:R 1.00, avg 5.19)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$162.50$165.00Sep 18$1.50$1.00$1.5094%0.67$164.00
$159.00$160.00Sep 4$0.20$0.80$0.20100%4.00$159.20
$166.00$167.00Sep 4$0.40$0.60$0.40100%1.50$166.40
$149.00$150.00Sep 18$0.45$0.55$0.45100%1.22$149.45
$170.00$173.00Oct 16$1.87$1.13$1.8780%0.60$171.87
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$195.00$192.50Sep 18$1.25$1.25$1.2590%1.00$193.75
$192.00$191.00Sep 11$0.28$0.72$0.2892%2.57$191.72
$192.00$191.00Sep 4$0.42$0.58$0.4292%1.38$191.58
$193.00$192.00Oct 16$0.20$0.80$0.2071%4.00$192.80
$187.00$186.00Sep 4$0.32$0.68$0.3278%2.13$186.68

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 134 found (best R:R 5.25, avg 0.66)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$194.00$195.00Oct 2$0.61$0.61$0.3978%1.56$194.61
$185.00$186.00Oct 16$0.88$0.88$0.1251%7.33$185.88
$187.00$188.00Oct 16$0.80$0.80$0.2056%4.00$187.80
$185.00$186.00Sep 4$0.68$0.68$0.3263%2.13$185.68
$184.00$185.00Sep 11$0.83$0.83$0.1751%4.88$184.83
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$182.00$181.00Sep 25$0.84$0.84$0.1656%5.25$181.16
$181.00$180.00Oct 16$0.77$0.77$0.2359%3.35$180.23
$176.00$175.00Oct 2$0.55$0.55$0.4573%1.22$175.45
$181.00$180.00Sep 11$0.57$0.57$0.4366%1.33$180.43
$177.50$177.00Sep 25$0.34$0.34$0.1671%2.13$177.16

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $1.20, cheapest $2.16)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 18$2.1636.3%23.6%
$185.00Sep 4Sep 11$0.6429.9%19.4%
$182.00Sep 4Sep 18$2.3228.9%23.3%
$184.00Sep 4Sep 11$1.3025.4%22.8%
$183.00Sep 4Sep 11$0.3822.6%22.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Sep 4Sep 11$0.7336.3%24.1%
$185.00Sep 4Sep 11$1.2029.9%19.4%
$182.00Sep 4Sep 11$0.9928.9%23.1%
$184.00Sep 4Sep 11$1.0525.4%22.8%
$183.00Sep 4Sep 11$1.2422.6%22.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 124 found (cheapest 1.50% of stock, avg 5.44%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$184.00Sep 4$1.20$1.55$2.75$181.25$186.751.50%
$183.00Sep 4$2.06$0.95$3.01$179.99$186.011.64%
$185.00Sep 4$1.03$2.31$3.34$181.66$188.341.82%
$182.00Sep 4$2.65$0.89$3.54$178.46$185.541.93%
$182.50Sep 4$2.19$1.47$3.66$178.84$186.161.99%
$186.00Sep 4$0.35$3.31$3.66$182.34$189.661.99%
$181.00Sep 4$3.33$0.43$3.76$177.24$184.762.05%
$187.00Sep 4$0.54$3.63$4.17$182.83$191.172.27%
$183.00Sep 11$2.44$2.19$4.63$178.37$187.632.52%
$188.00Sep 4$0.17$4.50$4.67$183.33$192.672.54%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.42% of stock, avg 3.17%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$186.00$181.00Sep 4$0.35$0.43$0.78$180.22$186.78
$187.50$181.00Sep 4$0.47$0.43$0.90$180.10$188.40
$186.00$180.00Sep 4$0.35$0.59$0.94$179.06$186.94
$187.00$181.00Sep 4$0.54$0.43$0.97$180.03$187.97
$187.50$180.00Sep 4$0.47$0.59$1.06$178.94$188.56
$187.00$180.00Sep 4$0.54$0.59$1.13$178.87$188.13
$186.00$182.00Sep 4$0.35$0.89$1.24$180.76$187.24
$187.50$182.00Sep 4$0.47$0.89$1.36$180.64$188.86
$187.00$182.00Sep 4$0.54$0.89$1.43$180.57$188.43
$186.00$183.00Sep 4$0.35$0.95$1.30$181.70$187.30

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 219 found (best R:R 6.14, avg credit $0.55)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
177/178199/200Oct 2$0.86$0.1457%6.14$176.64$199.86
177/178198/199Oct 2$0.85$0.1555%5.67$176.65$198.85
170/171194/195Oct 2$0.79$0.2161%3.76$170.21$194.79
181/182189/190Sep 4$0.84$0.1651%5.25$181.16$189.84
167/168189/190Sep 4$0.54$0.4679%1.17$166.96$189.54
176/177188/189Sep 11$0.79$0.2153%3.76$176.21$188.79
175/176197/198Oct 2$0.74$0.2658%2.85$175.26$197.74
175/176199/200Oct 2$0.68$0.3262%2.12$175.32$199.68
177/178189/190Sep 4$0.59$0.4170%1.44$176.91$189.59
165/166188/189Sep 11$0.61$0.3968%1.56$165.39$188.61

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 102 found (best R:R 44.45, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$188.00$189.00$190.00Sep 25$0.07$0.937%13.29
$182.00$182.50$183.00Sep 18$0.05$0.454%9.00
$189.00$190.00$191.00Sep 25$0.08$0.926%11.50
$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
$155.00$160.00$165.00Oct 16$0.11$4.897%44.45
$160.00$165.00$170.00Oct 16$0.23$4.7710%20.74
$189.00$190.00$191.00Sep 18$0.05$0.957%19.00
$186.00$187.00$188.00Oct 16$0.05$0.955%19.00
$173.00$174.00$175.00Sep 18$0.05$0.955%19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 150 found (best net $-5.41, 136 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Sep 25-$5.41$4.59
$195.00$202.501:2Oct 9-$0.04$7.46
$200.00$205.001:2Oct 16-$0.03$4.97
$190.00$194.001:2Oct 9-$0.71$3.29
$210.00$220.001:2Sep 4-$0.07$9.93
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$180.00$175.001:2Oct 9-$0.80$4.20
$165.00$160.001:2Sep 25-$0.03$4.97
$169.00$165.001:2Sep 25-$0.21$3.79
$184.00$183.001:2Sep 4-$0.35$0.65
$165.00$162.501:2Sep 18-$0.04$2.46

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 84 found (best yield 3.02%, avg 0.84%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$185.00Oct 16$5.550.490.8%3.02%3.79%59111
$187.00Oct 16$4.550.441.9%2.48%4.33%8775
$184.00Oct 16$5.800.510.2%3.16%3.38%21439
$190.00Oct 16$3.400.363.5%1.85%5.34%24436
$186.00Oct 16$4.550.461.3%2.48%3.79%9223
$188.00Oct 16$3.800.412.4%2.07%4.47%60160
$189.00Oct 16$3.300.382.9%1.80%4.74%5113
$191.00Oct 16$2.730.344.0%1.49%5.52%--71
$185.00Oct 2$4.350.480.8%2.37%3.13%--23
$193.00Oct 16$2.280.295.1%1.24%6.36%--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 10,538
Total Puts 10,555
Put/Call Ratio 1.00
Net Difference -17

Prior's Put/Call Breakdown

Total Calls 12,395
Total Puts 16,851
Put/Call Ratio 1.36
Net Difference -4,456

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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