Tour v531
XLK
State StreetTechSelSectSPDRETF
$197.50 -1.93%
◀ 10/8 13:05 ▶

Option Volume

Detail
ℹ
Current (10/08 1:05pm) 16,604
Calls: 4,550 (27%)
Puts: 12,054 (73%)
Prior (10/07) 11,873
Calls: 6,233 (52%)
Puts: 5,640 (48%)
Current vs Prior +39.85%
Calls: -27.00% (Calls)
Puts: +113.72% (Puts)
Prior 7-Day Total 326,141
Calls: 99,141 (30%)
Puts: 227,000 (70%)
Prior 7-Day Average 46,591
Calls: 14,163 (30%)
Puts: 32,428 (70%)
Current vs Prior 7-Day Avg -64.36%
Calls: -67.87%
Puts: -62.83%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (10/08 1:05pm) $11.17M
Calls: $2.69M (24%)
Puts: $8.48M (76%)
Prior (10/07) $15.93M
Calls: $11.08M (70%)
Puts: $4.85M (30%)
Current vs Prior -29.89%
Calls: -75.73%
Puts: +74.72%
Prior 7-Day Total $248.42M
Calls: $201.79M (81%)
Puts: $46.63M (19%)
Prior 7-Day Average $35.49M
Calls: $28.83M (81%)
Puts: $6.66M (19%)
Current vs Prior 7-Day Avg -68.52%
Calls: -90.67%
Puts: +27.34%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (10/08 1:05pm) 2.65
Prior (10/07) 0.90
Current vs Prior +192.78%
Prior 7-Day Average 1.83
Current vs Prior 7-Day Avg +44.75%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (10/08 1:05pm) 885,769
Calls: 278,435 (31%)
Puts: 607,334 (69%)
Prior (10/07) 879,333
Calls: 277,270 (32%)
Puts: 602,063 (68%)
Current vs Prior +0.73%
Prior 7-Day Total 5,694,391
Calls: 1,902,441 (33%)
Puts: 3,791,950 (67%)
Prior 7-Day Average 813,484
Calls: 271,777 (33%)
Puts: 541,707 (67%)
Current vs Prior 7-Day Avg +8.89%
Sentiment BULLISH

Expected Move

Detail
ℹ
Expiry (10/09) | Next (10/16)Expiry (10/16) | Next (11/20)
Current 1.42% | 2.58%2.58% | 6.89%
Prior 1.91% | 3.33%3.33% | 8.17%
Current vs Prior -25.58% | -22.50%-22.50% | -15.64%
Prior 7-Day Avg 2.16% | 3.52%4.04% | 8.20%
Current vs 7-Day Avg -34.11% | -26.65%-36.02% | -15.99%
Prior 7-Day Eod 1.91% | 3.33%3.33% | 8.17%
Current vs 7-Day Eod -25.58% | -22.50%-22.50% | -15.64%
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 126.74% | 20.96%
Calls: 69.42% | 11.59%
Puts: 184.06% | 30.34%
Prior 34.23% | 23.95%
Calls: 39.02% | 16.90%
Puts: 29.44% | 31.01%
Current vs Prior +270.26% | -12.48%
Prior 7-Day Avg 41.73% | 33.22%
Calls: 34.08% | 28.49%
Puts: 49.38% | 37.95%
Current vs 7-Day Avg +203.71% | -36.91%
Liquidity Expensive
+
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🤖 AI Insights

Strong bearish conviction with 76% of dollar volume in puts ($8.48M) vs calls ($2.69M). Extreme bearish P/C ratio of 2.65 - heavy put buying. P/C ratio rising 193% - increased hedging/bearish positioning. Put-heavy open interest (607,334 puts vs 278,435 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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
13:05BEARISHBEARISHBEARISH
13:00BEARISHBEARISHBEARISH
12:55BEARISHBEARISHBEARISH
12:50BEARISHBEARISHBEARISH
12:45BEARISHBEARISHBEARISH
12:40BEARISHBEARISHBEARISH
12:35BEARISHBEARISHBEARISH
12:30BEARISHBEARISHBEARISH
12:25BEARISHBEARISHBEARISH
12:20BEARISHBEARISHBEARISH
12:15BEARISHBEARISHBEARISH
12:10BEARISHBEARISHBEARISH
12:05BEARISHBEARISHBEARISH
12:00BEARISHBEARISHBEARISH
11:55BEARISHBEARISHBEARISH
11:50BEARISHBEARISHBEARISH
11:45BEARISHBEARISHBEARISH
11:40BEARISHBEARISHBEARISH
11:35BEARISHBEARISHBEARISH
11:30BEARISHBEARISHBEARISH
11:25BEARISHBEARISHBEARISH
11:20BEARISHBEARISHBEARISH
11:15BEARISHBEARISHBEARISH
11:10BEARISHBEARISHBEARISH
11:05BEARISHBEARISHBEARISH
11:00BEARISHBEARISHBEARISH
10:55BEARISHBEARISHBEARISH
10:50BEARISHBEARISHBEARISH
10:45BEARISHBEARISHBEARISH
10:40BEARISHBEARISHBEARISH
10:35BEARISHBEARISHBEARISH
10:30BEARISHBEARISHBEARISH
10:25BEARISHBEARISHBEARISH
10:20BULLISHBEARISHBEARISH
10:15BULLISHNEUTRALMIXED
10:10BULLISHBULLISHBULLISH
10:05BULLISHBULLISHBULLISH
10:00BULLISHBULLISHBULLISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
09:45BULLISHBULLISHBULLISH
09:40BULLISHBEARISHBEARISH
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 49 of results (avg 7.2%, best 1.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$185.00Oct 1612.8513.05$12.951.5%30.953.9K
$160.00Oct 937.4038.20$37.802.1%130.9965
$165.00Oct 932.4033.10$32.752.1%170.9896
$169.00Oct 928.4029.20$28.802.8%60.9629
$190.00Nov 2012.0012.35$12.182.9%--0.70515
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$205.00Oct 308.159.00$8.579.9%10.733

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.90, cheapest $0.90)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$202.50Oct 160.830.96$0.9014.4%550.241.9K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 151 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$182.00Oct 915.3517.65$16.5013.9%141.00164
$170.00Oct 927.2028.30$27.754.0%11.0093
$171.00Oct 926.4028.65$27.538.2%21.00135
$172.00Oct 925.4027.65$26.538.5%141.00142
$172.50Oct 924.8527.15$26.008.8%291.00162
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Oct 92.252.92$2.5925.9%391.00128
$202.50Oct 92.995.25$4.1254.9%81.0025
$205.00Oct 95.507.90$6.7035.8%31.0032
$210.00Oct 1610.5012.95$11.7320.9%--0.9716
$215.00Oct 1615.3517.70$16.5214.2%--0.9513

Most actively traded options today. High liquidity = easy entry/exit. 259 active (total vol 9.7K, top 827)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$202.50Oct 90.040.13$0.09100.0%4540.08226
$199.00Oct 161.852.16$2.0115.4%3730.43586
$205.00Oct 90.010.08$0.05140.0%3320.04777
$200.00Oct 161.491.74$1.6215.4%2850.376.4K
$205.00Oct 160.360.50$0.4332.6%2110.143.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Nov 202.853.90$3.3831.1%8270.302.7K
$200.00Nov 206.607.75$7.1816.0%5410.53542
$187.00Nov 202.513.10$2.8121.0%5240.2533
$196.00Oct 161.612.08$1.8525.4%4260.391.3K
$200.00Oct 163.354.05$3.7018.9%4090.64702

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 29.7%, max 44.1%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$196.00Oct 9Nov 2031.3%22.5%39.3%3123
$197.00Oct 9Nov 2029.1%22.4%30.3%2917
$198.00Oct 9Nov 2028.5%22.4%27.6%261.1K
$197.50Oct 9Nov 1325.6%22.8%12.2%222
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$195.00Oct 9Nov 2033.7%23.4%44.1%271.9K
$196.00Oct 9Nov 2031.3%22.5%39.3%45483
$197.00Oct 9Nov 2029.1%22.4%30.3%51303
$198.00Oct 9Nov 2028.5%22.4%27.6%105375
$197.50Oct 9Oct 3025.6%21.9%16.8%2486

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 168 found (best R:R 0.63, avg 4.41)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$170.00$171.00Oct 9$0.22$0.78$0.22100%3.55$170.22
$195.00$196.00Oct 9$0.12$0.88$0.1286%7.33$195.12
$185.00$187.00Nov 20$0.97$1.03$0.9778%1.06$185.97
$191.00$192.00Oct 16$0.30$0.70$0.3086%2.33$191.30
$187.00$188.00Oct 30$0.35$0.65$0.3582%1.86$187.35
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$202.50$200.00Oct 9$1.53$0.97$1.53100%0.63$200.97
$207.50$205.00Oct 30$1.33$1.17$1.3381%0.88$206.17
$205.00$200.00Nov 20$2.39$2.61$2.3965%1.09$202.61
$199.00$198.00Oct 9$0.22$0.78$0.2287%3.55$198.78
$199.00$195.00Nov 13$1.43$2.57$1.4351%1.80$197.57

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 122 found (best R:R 5.25, avg 0.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$198.00$199.00Oct 30$0.84$0.84$0.1649%5.25$198.84
$200.00$202.50Nov 13$1.33$1.33$1.1753%1.14$201.33
$215.00$217.50Oct 16$0.23$0.23$2.2794%0.10$215.23
$199.00$200.00Oct 9$0.59$0.59$0.4151%1.44$199.59
$200.00$205.00Nov 20$2.18$2.18$2.8252%0.77$202.18
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$174.00$173.00Nov 20$0.39$0.39$0.6189%0.64$173.61
$185.00$184.00Oct 30$0.39$0.39$0.6185%0.64$184.61
$197.00$196.00Oct 23$0.68$0.68$0.3255%2.13$196.32
$178.00$177.50Oct 30$0.27$0.27$0.2392%1.17$177.73
$195.00$194.00Oct 30$0.60$0.60$0.4061%1.50$194.40

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $1.23, cheapest $1.40)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$198.00Oct 9Oct 16$1.1028.5%22.0%
$197.50Oct 9Oct 16$0.6425.6%20.9%
$199.00Oct 9Oct 16$1.0323.1%21.9%
$200.00Oct 9Oct 16$1.2318.5%21.8%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$197.00Oct 9Oct 16$1.4029.1%20.2%
$198.00Oct 9Oct 16$1.5428.5%22.0%
$197.50Oct 9Oct 16$1.6525.6%20.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 124 found (cheapest 1.13% of stock, avg 5.76%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$199.00Oct 9$0.98$1.25$2.23$196.77$201.231.13%
$198.00Oct 9$1.37$1.03$2.40$195.60$200.401.22%
$197.50Oct 9$2.12$0.69$2.81$194.69$200.311.42%
$197.00Oct 9$2.34$0.63$2.97$194.03$199.971.50%
$200.00Oct 9$0.39$2.59$2.98$197.02$202.981.51%
$195.00Oct 9$3.12$0.30$3.42$191.58$198.421.73%
$196.00Oct 9$3.00$0.42$3.42$192.58$199.421.73%
$202.50Oct 9$0.09$4.12$4.21$198.29$206.712.13%
$194.00Oct 9$4.70$0.15$4.85$189.15$198.852.46%
$198.00Oct 16$2.47$2.57$5.04$192.96$203.042.55%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 0.12% of stock, avg 2.76%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$202.50$194.00Oct 9$0.09$0.15$0.24$193.76$202.74
$202.50$195.00Oct 9$0.09$0.30$0.39$194.61$202.89
$202.50$196.00Oct 9$0.09$0.42$0.51$195.49$203.01
$200.00$194.00Oct 9$0.39$0.15$0.54$193.46$200.54
$200.00$195.00Oct 9$0.39$0.30$0.69$194.31$200.69
$200.00$196.00Oct 9$0.39$0.42$0.81$195.19$200.81
$202.50$197.00Oct 9$0.09$0.63$0.72$196.28$203.22
$200.00$197.00Oct 9$0.39$0.63$1.02$195.98$201.02
$202.50$197.50Oct 9$0.09$0.69$0.78$196.72$203.28
$200.00$197.50Oct 9$0.39$0.69$1.08$196.42$201.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 223 found (best R:R 0.27, avg credit $0.64)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
178/178215/218Oct 30$0.53$1.9783%0.27$177.47$215.53
172/173215/218Oct 16$0.33$2.1790%0.15$172.67$215.33
175/178215/218Nov 6$0.61$1.8978%0.32$176.89$215.61
184/185215/218Oct 30$0.65$1.8576%0.35$184.35$215.65
178/178205/208Oct 30$0.91$1.5964%0.57$177.09$205.91
175/178218/220Nov 6$0.44$2.0683%0.21$177.06$217.94
178/180215/218Nov 6$0.59$1.9176%0.31$179.41$215.59
175/178205/208Nov 6$0.96$1.5460%0.62$176.54$205.96
178/178212/215Oct 30$0.46$2.0480%0.23$177.54$212.96
184/185205/208Oct 30$1.03$1.4757%0.70$183.97$206.03

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 104 found (best R:R 19.00, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$200.00$202.50$205.00Nov 6$0.07$2.4315%34.71
$200.00$202.50$205.00Oct 9$0.26$2.2427%8.62
$200.00$202.50$205.00Oct 16$0.25$2.2524%9.00
$202.50$205.00$207.50Oct 30$0.16$2.3415%14.63
$205.00$210.00$215.00Nov 20$0.47$4.5319%9.64
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$191.00$195.00$199.00Nov 13$0.20$3.8021%19.00
$200.00$202.50$205.00Oct 16$0.20$2.3025%11.50
$200.00$202.50$205.00Oct 30$0.15$2.3517%15.67
$205.00$210.00$215.00Nov 20$0.49$4.5120%9.20
$160.00$165.00$170.00Nov 20$0.08$4.925%61.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 155 found (best net $-2.67, 143 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$200.00$202.501:2Oct 16-$0.18$2.32
$210.00$215.001:2Nov 20-$0.45$4.55
$205.00$210.001:2Nov 20-$0.94$4.06
$200.00$205.001:2Nov 20-$1.62$3.38
$215.00$220.001:2Nov 20-$0.21$4.79
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$205.001:2Oct 16-$2.67$2.33
$202.50$200.001:2Oct 9-$1.06$1.44
$205.00$202.501:2Oct 9-$1.54$0.96
$175.00$165.001:2Nov 6-$0.02$9.98
$195.00$194.001:2Oct 9$0.00$1.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 50 found (best yield 3.44%, avg 1.09%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$198.00Nov 20$6.800.520.2%3.44%3.70%171
$200.00Nov 20$5.750.471.3%2.91%4.18%30894
$197.50Nov 13$6.300.530.0%3.19%3.19%1--
$205.00Nov 20$3.600.363.8%1.82%5.62%14704
$200.00Nov 13$5.000.471.3%2.53%3.80%115
$202.50Nov 13$3.850.402.5%1.95%4.48%411
$205.00Nov 13$2.900.343.8%1.47%5.27%--48
$199.00Nov 6$4.700.490.8%2.38%3.14%1111
$200.00Nov 6$4.200.461.3%2.13%3.39%2057
$210.00Nov 20$2.170.256.3%1.10%7.43%421.8K

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 4,550
Total Puts 12,054
Put/Call Ratio 2.65
Net Difference -7,504

Prior's Put/Call Breakdown

Total Calls 6,233
Total Puts 5,640
Put/Call Ratio 0.90
Net Difference 593

Prior 7-Day Put/Call Summary

Total Calls 99,141
Total Puts 227,000
Average Put/Call Ratio 1.83
Ratio Trend Rising

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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