Tour v290
XLP
State StreetCnsmrStpSelSectSPDRETF
$84.99 +2.03%
$85.00 (+0.01%)🌙
as of 07/02 06:05 PM
7/2 18:05

Option Volume

Detail
Current (07/02) 18,787
Calls: 9,377 (50%)
Puts: 9,410 (50%)
Prior (07/01) 11,197
Calls: 5,198 (46%)
Puts: 5,999 (54%)
Current vs Prior +67.79%
Calls: +80.40% (Calls)
Puts: +56.86% (Puts)
Prior 7-Day Total 123,085
Calls: 74,057 (60%)
Puts: 49,028 (40%)
Prior 7-Day Average 17,583
Calls: 10,579 (60%)
Puts: 7,004 (40%)
Current vs Prior 7-Day Avg +6.84%
Calls: -11.37%
Puts: +34.35%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/02) $2.18M
Calls: $1.42M (65%)
Puts: $756.1K (35%)
Prior (07/01) $1.82M
Calls: $849.9K (47%)
Puts: $966.2K (53%)
Current vs Prior +19.82%
Calls: +67.07%
Puts: -21.75%
Prior 7-Day Total $22.65M
Calls: $9.73M (43%)
Puts: $12.92M (57%)
Prior 7-Day Average $3.24M
Calls: $1.39M (43%)
Puts: $1.85M (57%)
Current vs Prior 7-Day Avg -32.76%
Calls: +2.13%
Puts: -59.04%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/02) 1.00
Prior (07/01) 1.15
Current vs Prior -13.05%
Prior 7-Day Average 0.86
Current vs Prior 7-Day Avg +16.12%
Sentiment BEARISH

Open Interest

Detail
Current (07/02) 373,992
Calls: 97,324 (26%)
Puts: 276,668 (74%)
Prior (07/01) 371,491
Calls: 95,776 (26%)
Puts: 275,715 (74%)
Current vs Prior +0.67%
Prior 7-Day Total 2,233,136
Calls: 565,037 (25%)
Puts: 1,700,084 (75%)
Prior 7-Day Average 319,019
Calls: 80,719 (25%)
Puts: 242,869 (75%)
Current vs Prior 7-Day Avg +17.23%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/02) | Next (07/10)Expiry (07/17) | Next (08/21)
Current 3.20% | 1.87%2.73% | 5.20%
Prior 3.46% | 3.65%-- | --
Current vs Prior -45.89% | -25.20%-- | --
Prior 7-Day Avg 3.75% | 3.67%-- | --
Current vs 7-Day Avg -50.08% | -25.61%-- | --
Prior 7-Day Eod 3.46% | 3.65%-- | --
Current vs 7-Day Eod -45.89% | -25.20%-- | --
Sentiment BULLISH--

Relative Spread

Detail
Expiry | Next
Current 28.13% | 8.48%
Calls: 48.65% | 7.87%
Puts: 7.62% | 9.09%
Prior 12.63% | 10.88%
Calls: 12.50% | 7.14%
Puts: 12.77% | 14.63%
Current vs Prior +122.72% | -22.06%
Prior 7-Day Avg 232.92% | 124.13%
Calls: 304.08% | 178.66%
Puts: 175.28% | 115.87%
Current vs 7-Day Avg -87.92% | -93.17%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 65% call dollar volume ($1.42M). Above-average activity with volume up 68% vs prior. Slightly bearish P/C ratio of 1.00. Put-heavy open interest (276,668 puts vs 97,324 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 BEARISH
7-Day Avg BEARISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH

📈 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 1 of results (avg 9.4%, best 9.4%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$83.00Jul 170.300.33$0.329.4%470.217.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.32, cheapest $0.32)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$83.00Jul 170.300.33$0.329.4%470.217.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 68 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$74.00Jul 210.3012.50$11.4019.3%100.992
$75.00Jul 27.7011.60$9.6540.4%120.99--
$76.00Jul 27.2510.50$8.8836.6%20.992
$78.50Jul 24.309.00$6.6570.7%50.991
$79.00Jul 24.108.50$6.3069.8%20.992
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.50Jul 20.105.00$2.55192.2%11.001
$86.50Jul 101.292.35$1.8258.2%10.79--
$87.00Jul 170.504.65$2.58160.9%--0.76158
$87.00Jul 242.045.00$3.5284.1%--0.7471
$86.50Jul 171.522.09$1.8131.5%10.71--

Most actively traded options today. High liquidity = easy entry/exit. 157 active (total vol 14.7K, top 3.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.50Jul 100.471.22$0.8588.2%3.0K0.56102
$85.00Jul 170.851.33$1.0944.0%5510.5114.7K
$85.00Jul 100.350.89$0.6287.1%4470.47176
$88.00Jul 310.274.95$2.61179.3%2520.4024
$84.00Jul 171.252.18$1.7254.1%2090.684.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Jul 20.000.12$0.06200.0%2.3K0.13429
$84.00Jul 100.110.41$0.26115.4%1.0K0.28526
$83.00Jul 310.004.80$2.40200.0%1.0K0.3998
$84.50Jul 20.000.01$0.01100.0%7420.0411
$84.50Aug 141.021.89$1.4659.6%6120.44--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 40 strikes (avg 853.1%, max 2528.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$79.00Jul 2Jul 17426.0%21.0%1928.6%225
$87.50Jul 2Jul 31187.0%15.0%1146.7%3332
$83.00Jul 2Aug 7176.0%15.0%1073.3%9347
$83.50Jul 2Jul 31160.0%14.0%1042.9%34108
$84.00Jul 2Aug 7144.0%13.0%1007.7%135466
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$77.00Jul 2Jul 31552.0%21.0%2528.6%634
$79.00Jul 2Aug 7426.0%17.0%2405.9%--69
$79.50Jul 2Aug 7395.0%17.0%2223.5%--101
$80.00Jul 2Aug 7363.0%16.0%2168.8%10118
$81.00Jul 2Aug 7296.0%15.0%1873.3%13109

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 39 found (best R:R 7.93, avg 2.11)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$87.00$89.50Jul 10$0.28$2.22$0.287.93$87.28
$89.00$90.50Aug 7$0.18$1.32$0.187.33$89.18
$87.00$89.00Aug 7$0.38$1.62$0.384.26$87.38
$87.50$88.00Jul 24$0.10$0.40$0.104.00$87.60
$86.50$87.00Jul 24$0.11$0.39$0.113.55$86.61
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$87.00$86.00Jul 31$0.13$0.87$0.136.69$86.87
$83.00$82.50Jul 24$0.11$0.39$0.113.55$82.89
$84.00$83.50Aug 7$0.11$0.39$0.113.55$83.89
$85.00$84.50Aug 14$0.11$0.39$0.113.55$84.89
$81.50$81.00Jul 10$0.15$0.35$0.152.33$81.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 50 found (best R:R 8.26, avg 1.30)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$76.00$78.50Jul 2$2.23$2.23$0.278.26$78.23
$75.00$76.00Jul 2$0.77$0.77$0.233.35$75.77
$83.50$84.00Jul 17$0.38$0.38$0.123.17$83.88
$80.00$81.00Jul 17$0.74$0.74$0.262.85$80.74
$80.00$82.50Jul 24$1.78$1.78$0.722.47$81.78
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$86.00$85.50Jul 10$0.35$0.35$0.152.33$85.65
$80.50$80.00Jul 31$0.34$0.34$0.162.12$80.16
$84.00$83.50Jul 24$0.32$0.32$0.181.78$83.68
$85.00$84.50Jul 2$0.31$0.31$0.191.63$84.69
$85.00$84.50Jul 24$0.30$0.30$0.201.50$84.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 23 found (avg debit $0.49, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$83.00Jul 2Jul 10$0.12176.0%17.0%
$79.00Jul 2Jul 17$0.18426.0%21.0%
$88.00Jul 2Jul 17$0.21198.0%16.0%
$80.00Jul 17Jul 24$0.2118.0%16.0%
$86.50Jul 2Jul 10$0.22123.0%16.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$79.00Jul 2Jul 10$0.07426.0%29.0%
$82.50Jul 2Jul 10$0.10279.0%17.0%
$83.50Jul 2Jul 10$0.15160.0%12.0%
$81.50Jul 2Jul 10$0.20263.0%24.0%
$84.00Jul 2Jul 10$0.20144.0%11.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 64 found (cheapest 1.18% of stock, avg 4.00%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$84.00Jul 2$0.94$0.06$1.00$83.00$85.001.18%
$85.00Jul 10$0.62$0.74$1.36$83.64$86.361.60%
$85.50Jul 10$0.43$1.02$1.45$84.05$86.951.71%
$84.00Jul 10$1.43$0.26$1.69$82.31$85.691.99%
$84.50Jul 10$0.85$0.90$1.75$82.75$86.252.06%
$86.00Jul 10$0.40$1.37$1.77$84.23$87.772.08%
$83.50Jul 10$1.83$0.18$2.01$81.49$85.512.36%
$85.00Jul 17$1.09$0.94$2.03$82.97$87.032.39%
$86.50Jul 10$0.23$1.82$2.05$84.45$88.552.41%
$83.00Jul 2$2.04$0.02$2.06$80.94$85.062.42%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 133 found (cheapest 0.48% of stock, avg 2.62%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$86.50$83.50Jul 10$0.23$0.18$0.41$83.09$86.91
$86.50$83.00Jul 10$0.23$0.23$0.46$82.54$86.96
$86.50$84.00Jul 10$0.23$0.26$0.49$83.51$86.99
$87.00$83.50Jul 10$0.34$0.18$0.52$82.98$87.52
$87.00$83.00Jul 10$0.34$0.23$0.57$82.43$87.57
$86.00$83.50Jul 10$0.40$0.18$0.58$82.92$86.58
$87.00$84.00Jul 10$0.34$0.26$0.60$83.40$87.60
$85.50$83.50Jul 10$0.43$0.18$0.61$82.89$86.11
$86.00$83.00Jul 10$0.40$0.23$0.63$82.37$86.63
$85.50$83.00Jul 10$0.43$0.23$0.66$82.34$86.16

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 31 found (best R:R 4.00, avg credit $0.45)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
84/8588/88Jul 24$0.40$0.104.00$84.60$87.90
84/8487/88Jul 31$0.40$0.104.00$83.60$87.40
84/8486/86Jul 31$0.39$0.113.55$83.61$86.39
81/8284/85Jul 10$0.38$0.123.17$81.12$84.88
84/8484/85Aug 7$0.38$0.123.17$83.62$84.88
84/8486/86Aug 7$0.38$0.123.17$83.62$85.88
84/8587/88Jul 31$0.37$0.132.85$84.63$87.37
84/8586/86Jul 31$0.36$0.142.57$84.64$86.36
85/8687/88Jul 31$0.35$0.152.33$85.15$87.35
85/8686/86Jul 31$0.34$0.162.13$85.16$86.34

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 37 found (best R:R 15.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$84.00$84.50$85.00Jul 17$0.05$0.459.00
$90.00$91.00$92.00Jul 17$0.10$0.909.00
$92.00$93.00$94.00Jul 17$0.13$0.876.69
$85.50$86.00$86.50Jul 17$0.07$0.436.14
$84.00$84.50$85.00Aug 7$0.07$0.436.14
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$75.00$76.00$77.00Jul 17$0.06$0.9415.67
$76.00$77.00$78.00Jul 24$0.09$0.9110.11
$72.00$73.00$74.00Jul 17$0.10$0.909.00
$83.50$84.00$84.50Aug 7$0.06$0.447.33
$85.00$85.50$86.00Jul 10$0.07$0.436.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 92 found (best net $-0.07, 77 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$87.00$89.001:2Aug 7-$0.01$1.99
$88.00$89.501:2Jul 2-$0.01$1.49
$89.00$90.501:2Aug 7-$0.03$1.47
$80.00$82.501:2Jul 24-$1.12$1.38
$89.00$91.001:2Jul 31-$0.74$1.26
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$75.00$70.001:2Aug 7-$0.07$4.93
$79.00$75.001:2Aug 7-$0.06$3.94
$80.00$78.001:2Jul 24-$0.11$1.89
$84.50$83.001:2Aug 14-$0.26$1.24
$72.00$70.001:2Jul 17-$0.83$1.17

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 30 found (best yield 2.00%, avg 0.65%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$85.00Aug 14$1.700.510.0%2.00%2.01%2--
$85.00Aug 7$1.510.510.0%1.78%1.79%--69
$85.50Aug 14$1.270.490.6%1.49%2.09%59--
$85.00Jul 31$1.050.510.0%1.24%1.25%27190
$86.00Aug 7$1.010.421.2%1.19%2.38%216
$85.00Jul 24$0.960.500.0%1.13%1.14%3961
$85.50Jul 31$0.910.480.6%1.07%1.67%164104
$85.00Jul 17$0.850.510.0%1.00%1.01%55114.7K
$86.50Aug 14$0.660.391.8%0.78%2.55%58--
$85.50Aug 7$0.620.470.6%0.73%1.33%9110

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 9,377
Total Puts 9,410
Put/Call Ratio 1.00
Net Difference -33

Prior's Put/Call Breakdown

Total Calls 5,198
Total Puts 5,999
Put/Call Ratio 1.15
Net Difference -801

Prior 7-Day Put/Call Summary

Total Calls 74,057
Total Puts 49,028
Average Put/Call Ratio 0.86
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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