Tour v531
XLK
State StreetTechSelSectSPDRETF
$197.39 -1.99%
◀ 10/8 15:45 ▶

Option Volume

Detail
ℹ
Current (10/08 3:45pm) 27,389
Calls: 8,785 (32%)
Puts: 18,604 (68%)
Prior (10/07) 18,420
Calls: 7,539 (41%)
Puts: 10,881 (59%)
Current vs Prior +48.69%
Calls: +16.53% (Calls)
Puts: +70.98% (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 -41.21%
Calls: -37.97%
Puts: -42.63%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (10/08 3:45pm) $18.36M
Calls: $6.91M (38%)
Puts: $11.45M (62%)
Prior (10/07) $21.37M
Calls: $13.59M (64%)
Puts: $7.78M (36%)
Current vs Prior -14.06%
Calls: -49.14%
Puts: +47.21%
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 -48.26%
Calls: -76.03%
Puts: +71.92%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (10/08 3:45pm) 2.12
Prior (10/07) 1.44
Current vs Prior +46.73%
Prior 7-Day Average 1.83
Current vs Prior 7-Day Avg +15.71%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (10/08 3:45pm) 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 1.30% | 2.83%2.83% | 7.24%
Prior 1.91% | 3.33%3.33% | 8.17%
Current vs Prior -32.16% | -15.00%-15.00% | -11.31%
Prior 7-Day Avg 2.16% | 3.52%4.04% | 8.20%
Current vs 7-Day Avg -39.94% | -19.56%-29.84% | -11.69%
Prior 7-Day Eod 1.91% | 3.33%3.33% | 8.17%
Current vs 7-Day Eod -32.16% | -15.00%-15.00% | -11.31%
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 38.83% | 11.73%
Calls: 46.04% | 7.69%
Puts: 31.62% | 15.77%
Prior 34.23% | 23.95%
Calls: 39.02% | 16.90%
Puts: 29.44% | 31.01%
Current vs Prior +13.44% | -51.02%
Prior 7-Day Avg 41.73% | 33.22%
Calls: 34.08% | 28.49%
Puts: 49.38% | 37.95%
Current vs 7-Day Avg -6.95% | -64.69%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 62% put dollar volume ($11.45M). Extreme bearish P/C ratio of 2.12 - heavy put buying. P/C ratio rising 47% - 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 BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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
15:45BEARISHBEARISHBEARISH
15:40BEARISHBEARISHBEARISH
15:35BEARISHBEARISHBEARISH
15:30BEARISHBEARISHBEARISH
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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 108 of results (avg 6.8%, best 2.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Nov 2020.0020.50$20.252.5%--0.83258
$184.00Nov 2016.6017.05$16.832.7%--0.7817
$165.00Oct 1632.1033.25$32.673.5%--0.9911
$180.00Oct 1617.3017.95$17.633.7%10.97190
$189.00Nov 2012.6013.10$12.853.9%--0.7145
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Oct 1612.5013.00$12.753.9%640.9516
$215.00Oct 1617.4018.30$17.855.0%131.0013
$200.00Nov 207.407.80$7.605.3%5790.54542
$202.50Oct 236.256.60$6.435.4%240.7117
$175.00Nov 201.321.40$1.365.9%440.122.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.75, cheapest $0.41)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$205.00Oct 160.370.45$0.4119.5%2360.133.1K
$202.50Oct 160.780.90$0.8414.3%2200.231.9K
$210.00Oct 300.690.84$0.7619.7%640.14147
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$190.00Oct 160.610.72$0.6716.4%3000.161.2K
$192.00Oct 160.871.02$0.9515.8%370.224.9K
$185.00Oct 230.660.74$0.7011.4%240.12635
$187.00Oct 230.830.97$0.9015.6%230.15461

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 158 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Oct 926.9528.25$27.604.7%51.0093
$171.00Oct 925.9027.25$26.585.1%81.00135
$172.00Oct 924.9526.35$25.655.5%381.00142
$172.50Oct 924.4525.85$25.155.6%721.00162
$173.00Oct 923.9525.40$24.675.9%391.00192
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$202.50Oct 94.805.65$5.2316.3%701.0025
$205.00Oct 97.258.35$7.8014.1%631.0032
$210.00Oct 911.7513.25$12.5012.0%11.00--
$215.00Oct 1617.4018.30$17.855.0%131.0013
$210.00Oct 1612.5013.00$12.753.9%640.9516

Most actively traded options today. High liquidity = easy entry/exit. 318 active (total vol 16.8K, top 1.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$205.00Nov 203.703.95$3.836.5%6190.35704
$202.50Oct 90.030.07$0.0580.0%4610.04226
$199.00Oct 161.792.17$1.9819.2%4030.41586
$200.00Oct 161.531.66$1.608.1%3460.366.4K
$205.00Oct 90.010.02$0.0250.0%3340.01777
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$187.00Nov 203.003.25$3.138.0%1.1K0.2633
$190.00Nov 203.604.00$3.8010.5%1.0K0.322.7K
$183.00Nov 202.172.38$2.289.2%7510.20357
$200.00Nov 207.407.80$7.605.3%5790.54542
$200.00Oct 163.954.25$4.107.3%4940.64702

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 21.6%, max 40.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$196.00Oct 9Nov 2031.4%22.3%40.8%4123
$198.00Oct 9Nov 2030.8%23.7%29.7%551.1K
$197.50Oct 9Nov 1329.1%23.0%26.5%622
$195.00Oct 9Nov 2030.5%24.4%25.0%402.1K
$197.00Oct 9Nov 2027.4%23.8%14.9%10917
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$196.00Oct 9Nov 2031.4%22.3%40.8%72483
$198.00Oct 9Nov 2030.8%23.7%29.7%163375
$197.50Oct 9Nov 629.1%23.0%26.4%8627
$195.00Oct 9Nov 2030.5%24.4%25.0%621.9K
$197.00Oct 9Nov 2027.4%23.8%14.9%110303

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 178 found (best R:R 0.98, avg 4.42)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$183.00$184.00Oct 16$0.62$0.38$0.6295%0.61$183.62
$183.00$184.00Oct 30$0.59$0.41$0.5987%0.69$183.59
$191.00$192.00Oct 16$0.53$0.47$0.5382%0.89$191.53
$220.00$225.00Nov 20$0.17$4.83$0.1710%28.41$220.17
$196.00$197.00Nov 20$0.35$0.65$0.3556%1.86$196.35
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$205.00$200.00Nov 20$2.53$2.47$2.5365%0.98$202.47
$190.00$188.00Nov 13$0.21$1.79$0.2130%8.52$189.79
$202.50$200.00Oct 30$1.27$1.23$1.2766%0.97$201.23
$189.00$187.00Nov 6$0.24$1.76$0.2426%7.33$188.76
$199.00$195.00Nov 13$1.62$2.38$1.6252%1.47$197.38

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 136 found (best R:R 0.22, avg 0.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$197.50$200.00Nov 13$1.52$1.52$0.9848%1.55$199.02
$200.00$205.00Nov 20$2.20$2.20$2.8054%0.79$202.20
$205.00$210.00Nov 20$1.56$1.56$3.4465%0.45$206.56
$202.50$205.00Nov 13$1.02$1.02$1.4860%0.69$203.52
$200.00$202.50Oct 23$0.97$0.97$1.5359%0.63$200.97
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$169.00$165.00Oct 9$0.73$0.73$3.2791%0.22$168.27
$194.00$193.00Oct 30$0.69$0.69$0.3164%2.23$193.31
$188.00$187.50Oct 30$0.38$0.38$0.1279%3.17$187.62
$192.00$191.00Oct 30$0.54$0.54$0.4670%1.17$191.46
$178.00$177.50Oct 30$0.27$0.27$0.2392%1.17$177.73

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $1.45, cheapest $1.41)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$196.00Oct 9Oct 16$1.4131.4%23.4%
$198.00Oct 9Oct 16$1.3430.8%23.3%
$197.50Oct 9Oct 16$1.4029.1%21.9%
$199.00Oct 9Oct 16$1.3728.2%23.0%
$197.00Oct 9Oct 16$1.6027.4%22.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$196.00Oct 9Oct 16$1.4231.4%23.4%
$198.00Oct 9Oct 16$1.5930.8%23.3%
$197.50Oct 9Oct 16$1.4329.1%21.9%
$199.00Oct 9Oct 16$1.3528.2%23.0%
$197.00Oct 9Oct 16$1.5927.4%22.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 129 found (cheapest 1.14% of stock, avg 5.65%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$197.00Oct 9$1.39$0.87$2.26$194.74$199.261.14%
$198.00Oct 9$1.10$1.34$2.44$195.56$200.441.24%
$197.50Oct 9$1.29$1.17$2.46$195.04$199.961.25%
$199.00Oct 9$0.61$2.05$2.66$196.34$201.661.35%
$196.00Oct 9$2.17$0.66$2.83$193.17$198.831.43%
$200.00Oct 9$0.31$2.87$3.18$196.82$203.181.61%
$195.00Oct 9$2.82$0.37$3.19$191.81$198.191.62%
$194.00Oct 9$3.70$0.22$3.92$190.08$197.921.99%
$193.00Oct 9$4.53$0.14$4.67$188.33$197.672.37%
$202.50Oct 9$0.05$5.23$5.28$197.22$207.782.67%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 0.27% of stock, avg 3.04%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$200.00$194.00Oct 9$0.31$0.22$0.53$193.47$200.53
$200.00$195.00Oct 9$0.31$0.37$0.68$194.32$200.68
$199.00$194.00Oct 9$0.61$0.22$0.83$193.17$199.83
$200.00$196.00Oct 9$0.31$0.66$0.97$195.03$200.97
$199.00$195.00Oct 9$0.61$0.37$0.98$194.02$199.98
$199.00$196.00Oct 9$0.61$0.66$1.27$194.73$200.27
$200.00$197.00Oct 9$0.31$0.87$1.18$195.82$201.18
$199.00$197.00Oct 9$0.61$0.87$1.48$195.52$200.48
$198.00$195.00Oct 9$1.10$0.37$1.47$193.53$199.47
$198.00$194.00Oct 9$1.10$0.22$1.32$192.68$199.32

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 263 found (best R:R 0.45, avg credit $0.68)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
178/180212/215Nov 6$0.77$1.7372%0.45$179.23$213.27
178/180205/208Nov 6$1.15$1.3556%0.85$178.85$206.15
175/178212/215Nov 6$0.63$1.8776%0.34$176.87$213.13
178/178215/218Oct 30$0.42$2.0884%0.20$177.58$215.42
175/178205/208Nov 6$1.01$1.4960%0.68$176.49$206.01
178/180218/220Nov 6$0.53$1.9779%0.27$179.47$218.03
178/180215/218Nov 6$0.59$1.9177%0.31$179.41$215.59
178/178208/210Oct 30$0.70$1.8072%0.39$177.30$208.20
172/173208/210Oct 16$0.26$2.2489%0.12$172.74$207.76
178/180208/210Nov 6$0.91$1.5963%0.57$179.09$208.41

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 120 found (best R:R 11.50, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$200.00$202.50$205.00Nov 13$0.06$2.4413%40.67
$210.00$215.00$220.00Nov 20$0.29$4.7115%16.24
$202.50$205.00$207.50Oct 23$0.16$2.3416%14.62
$205.00$207.50$210.00Oct 16$0.08$2.4210%30.25
$205.00$207.50$210.00Nov 13$0.10$2.4011%24.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$191.00$195.00$199.00Nov 13$0.32$3.6820%11.50
$205.00$210.00$215.00Oct 16$0.28$4.7213%16.86
$198.00$199.00$200.00Oct 9$0.11$0.8928%8.09
$200.00$202.50$205.00Oct 9$0.21$2.2917%10.90
$193.00$194.00$195.00Oct 9$0.07$0.9312%13.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 148 found (best net $-3.10, 135 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$205.00$210.001:2Nov 20-$0.71$4.29
$200.00$202.501:2Oct 16-$0.08$2.42
$210.00$215.001:2Nov 20-$0.43$4.57
$215.00$220.001:2Nov 20-$0.09$4.91
$200.00$205.001:2Nov 20-$1.63$3.37
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$205.001:2Oct 9-$3.10$1.90
$202.50$200.001:2Oct 9-$0.51$1.99
$210.00$205.001:2Oct 16-$3.11$1.89
$196.00$195.001:2Oct 9-$0.08$0.92
$195.00$194.001:2Oct 9-$0.07$0.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 57 found (best yield 2.96%, avg 1.03%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$200.00Nov 20$5.850.471.3%2.96%4.29%245894
$198.00Nov 20$6.600.510.3%3.34%3.65%1971
$205.00Nov 20$3.700.353.9%1.87%5.73%619704
$197.50Nov 13$6.100.530.1%3.09%3.15%2--
$200.00Nov 13$4.800.461.3%2.43%3.75%115
$202.50Nov 13$3.800.402.6%1.93%4.51%411
$198.00Nov 6$5.350.500.3%2.71%3.02%211
$199.00Nov 6$4.750.470.8%2.41%3.22%1111
$200.00Nov 6$4.250.441.3%2.15%3.48%4157
$205.00Nov 13$2.700.333.9%1.37%5.22%--48

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 8,785
Total Puts 18,604
Put/Call Ratio 2.12
Net Difference -9,819

Prior's Put/Call Breakdown

Total Calls 7,539
Total Puts 10,881
Put/Call Ratio 1.44
Net Difference -3,342

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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