Tour v340
XLP
State StreetCnsmrStpSelSectSPDRETF
$83.47 +0.06%
$83.55 (+0.10%)🌙
as of 07/15 06:14 PM
7/15 18:14

Option Volume

Detail
Current (07/15) 9,986
Calls: 3,908 (39%)
Puts: 6,078 (61%)
Prior (07/14) 10,137
Calls: 5,120 (51%)
Puts: 5,017 (49%)
Current vs Prior -1.49%
Calls: -23.67% (Calls)
Puts: +21.15% (Puts)
Prior 7-Day Total 115,287
Calls: 75,350 (65%)
Puts: 39,937 (35%)
Prior 7-Day Average 16,469
Calls: 10,764 (65%)
Puts: 5,705 (35%)
Current vs Prior 7-Day Avg -39.37%
Calls: -63.69%
Puts: +6.53%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/15) $759.8K
Calls: $285.2K (38%)
Puts: $474.6K (62%)
Prior (07/14) $996.5K
Calls: $462.5K (46%)
Puts: $534.0K (54%)
Current vs Prior -23.75%
Calls: -38.34%
Puts: -11.12%
Prior 7-Day Total $13.02M
Calls: $7.94M (61%)
Puts: $5.07M (39%)
Prior 7-Day Average $1.86M
Calls: $1.13M (61%)
Puts: $724.4K (39%)
Current vs Prior 7-Day Avg -59.14%
Calls: -74.87%
Puts: -34.49%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/15) 1.56
Prior (07/14) 0.98
Current vs Prior +58.72%
Prior 7-Day Average 0.69
Current vs Prior 7-Day Avg +125.32%
Sentiment BEARISH

Open Interest

Detail
Current (07/15) 230,437
Calls: 71,043 (31%)
Puts: 159,394 (69%)
Prior (07/14) 244,351
Calls: 78,554 (32%)
Puts: 165,797 (68%)
Current vs Prior -5.69%
Prior 7-Day Total 2,553,545
Calls: 706,529 (28%)
Puts: 1,847,016 (72%)
Prior 7-Day Average 364,792
Calls: 100,932 (28%)
Puts: 263,859 (72%)
Current vs Prior 7-Day Avg -36.83%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 1.22% | 2.02%1.22% | 4.29%
Prior 1.55% | 2.24%1.55% | 4.54%
Current vs Prior -20.98% | -9.68%-20.98% | -5.60%
Prior 7-Day Avg 3.02% | 2.50%2.74% | 5.13%
Current vs 7-Day Avg -59.57% | -18.90%-55.40% | -16.42%
Prior 7-Day Eod 1.55% | 2.24%1.55% | 4.54%
Current vs 7-Day Eod -20.98% | -9.68%-20.98% | -5.60%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 22.75% | 13.29%
Calls: 29.55% | 11.54%
Puts: 15.94% | 15.05%
Prior 17.73% | 11.12%
Calls: 17.81% | 9.26%
Puts: 17.65% | 12.99%
Current vs Prior +28.31% | +19.51%
Prior 7-Day Avg 19.51% | 10.44%
Calls: 20.05% | 10.26%
Puts: 18.96% | 10.62%
Current vs 7-Day Avg +16.63% | +27.35%
Liquidity Expensive
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🤖 AI Insights

Moderately bearish flow with 62% put dollar volume ($474.6K). Extreme bearish P/C ratio of 1.56 - heavy put buying. P/C ratio rising 59% - increased hedging/bearish positioning. Put-heavy open interest (159,394 puts vs 71,043 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 BEARISH
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

📈 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 5.9%, best 5.9%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$71.00Aug 2112.3513.10$12.735.9%31.003
PUTS (0)
No puts meet the criteria

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. 40 found (avg delta 0.71, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$78.50Jul 174.605.25$4.9313.2%51.0019
$79.00Jul 173.704.95$4.3328.9%61.0023
$71.00Aug 2112.3513.10$12.735.9%31.003
$81.00Jul 312.473.25$2.8627.3%40.833
$82.50Jul 240.861.73$1.3066.9%40.7122
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$89.50Jul 175.606.45$6.0314.1%10.99--
$89.00Jul 175.106.15$5.6318.7%10.99--
$87.50Aug 73.804.55$4.1817.9%10.95--
$85.50Jul 171.015.00$3.01132.6%50.88--
$86.50Jul 242.803.65$3.2226.4%10.87--

Most actively traded options today. High liquidity = easy entry/exit. 132 active (total vol 8.0K, top 959)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.50Jul 170.050.30$0.18138.9%6320.23831
$84.00Jul 170.010.36$0.19184.2%5740.296.0K
$84.00Jul 240.120.91$0.52151.9%5230.391.8K
$85.50Jul 240.100.36$0.23113.0%3150.19651
$84.50Jul 240.080.55$0.32146.9%2380.29563
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$83.50Jul 170.210.55$0.3889.5%9590.52741
$82.00Jul 310.220.68$0.45102.2%8810.28353
$81.00Aug 210.450.78$0.6253.2%6700.26648
$81.00Jul 310.010.48$0.25188.0%3640.1776
$84.00Jul 170.431.25$0.8497.6%3070.702.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 23 strikes (avg 73.3%, max 364.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$87.00Jul 24Aug 2875.9%16.3%364.2%6--
$86.00Jul 17Aug 2835.1%16.4%113.3%305.4K
$88.00Jul 17Aug 2830.4%16.8%80.7%101.8K
$85.50Jul 17Aug 1428.2%16.1%74.9%272.3K
$85.00Jul 17Aug 2125.1%15.5%62.1%29117.9K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$82.00Jul 17Aug 2145.1%13.2%241.8%1204.6K
$81.00Jul 17Aug 2829.5%15.5%90.8%8--
$85.50Jul 17Jul 3128.2%15.1%87.3%10--
$80.00Jul 17Aug 2127.4%15.1%82.1%1006.6K
$84.50Jul 17Jul 2422.5%13.7%64.2%4--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 56 found (best R:R 28.41, avg 3.08)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$90.00$95.00Aug 21$0.17$4.83$0.1728.41$90.17
$86.00$88.00Jul 17$0.12$1.88$0.1215.67$86.12
$87.00$88.00Aug 7$0.11$0.89$0.118.09$87.11
$88.00$89.00Aug 28$0.13$0.87$0.136.69$88.13
$86.00$87.00Aug 21$0.15$0.85$0.155.67$86.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$81.00$79.00Aug 14$0.29$1.71$0.295.90$80.71
$82.00$81.00Aug 21$0.18$0.82$0.184.56$81.82
$81.00$79.00Aug 28$0.37$1.63$0.374.41$80.63
$81.00$80.00Aug 21$0.20$0.80$0.204.00$80.80
$82.00$81.50Aug 14$0.11$0.39$0.113.55$81.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 65 found (best R:R 11.90, avg 1.23)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$79.00$83.00Jul 17$3.69$3.69$0.3111.90$82.69
$71.00$83.00Aug 21$10.76$10.76$1.248.68$81.76
$81.00$82.50Jul 31$1.19$1.19$0.313.84$82.19
$82.50$83.00Aug 7$0.35$0.35$0.152.33$82.85
$82.50$83.00Jul 31$0.31$0.31$0.191.63$82.81
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$88.00$85.00Aug 14$2.47$2.47$0.534.66$85.53
$85.00$84.00Aug 14$0.76$0.76$0.243.17$84.24
$89.00$85.50Jul 17$2.62$2.62$0.882.98$86.38
$85.00$84.00Jul 31$0.68$0.68$0.322.12$84.32
$85.00$84.00Aug 21$0.68$0.68$0.322.12$84.32

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 20 found (avg debit $0.26, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$86.50Jul 24Jul 31$0.0720.3%17.1%
$88.00Jul 17Jul 24$0.1230.4%24.7%
$85.50Jul 17Jul 24$0.1328.2%17.2%
$89.00Jul 31Aug 21$0.1322.2%17.3%
$84.50Jul 17Jul 24$0.1422.5%13.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$81.50Jul 17Jul 24$0.0719.9%12.8%
$79.00Jul 24Aug 14$0.1125.3%16.4%
$82.50Jul 17Jul 24$0.1721.3%13.9%
$84.00Jul 17Jul 24$0.1716.5%14.4%
$83.00Jul 17Jul 24$0.2017.2%12.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 32 found (cheapest 0.87% of stock, avg 3.02%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$83.50Jul 17$0.35$0.38$0.73$82.77$84.230.87%
$83.00Jul 17$0.64$0.23$0.87$82.13$83.871.04%
$84.50Jul 17$0.18$0.76$0.94$83.56$85.441.13%
$84.00Jul 17$0.19$0.84$1.03$82.97$85.031.23%
$85.00Jul 17$0.13$1.18$1.31$83.69$86.311.57%
$83.50Jul 24$0.73$0.69$1.42$82.08$84.921.70%
$84.00Jul 24$0.52$1.01$1.53$82.47$85.531.83%
$82.50Jul 24$1.30$0.34$1.64$80.86$84.141.96%
$84.50Jul 24$0.32$1.34$1.66$82.84$86.161.99%
$83.50Jul 31$1.08$1.00$2.08$81.42$85.582.49%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 151 found (cheapest 0.24% of stock, avg 1.51%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$85.00$81.00Jul 17$0.13$0.07$0.20$80.80$85.20
$86.00$81.00Jul 17$0.13$0.07$0.20$80.80$86.20
$84.50$81.00Jul 17$0.18$0.07$0.25$80.75$84.75
$84.00$81.00Jul 17$0.19$0.07$0.26$80.74$84.26
$85.00$82.50Jul 17$0.13$0.17$0.30$82.20$85.30
$86.00$82.50Jul 17$0.13$0.17$0.30$82.20$86.30
$84.50$82.50Jul 17$0.18$0.17$0.35$82.15$84.85
$84.00$82.50Jul 17$0.19$0.17$0.36$82.14$84.36
$85.00$83.00Jul 17$0.13$0.23$0.36$82.64$85.36
$86.00$83.00Jul 17$0.13$0.23$0.36$82.64$86.36

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 82 found (best R:R 6.14, avg credit $0.55)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
84/8588/88Aug 14$0.86$0.146.14$84.14$88.86
81/8284/85Jul 31$0.84$0.165.25$80.66$84.84
82/8484/85Aug 7$0.83$0.174.88$82.67$84.83
84/8586/87Aug 21$0.83$0.174.88$84.17$86.83
83/8485/86Jul 31$0.40$0.104.00$83.10$85.40
84/8487/88Aug 7$0.79$0.213.76$83.21$87.79
83/8486/86Jul 24$0.39$0.113.55$83.11$85.89
82/8385/86Aug 21$0.73$0.272.70$82.27$85.73
82/8387/88Aug 21$0.72$0.282.57$82.28$87.72
80/8183/84Aug 21$0.71$0.292.45$80.29$83.71

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 26 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$85.00$85.50$86.00Jul 17$0.06$0.447.33
$83.00$83.50$84.00Jul 31$0.06$0.447.33
$85.00$86.00$87.00Aug 21$0.12$0.887.33
$84.00$84.50$85.00Aug 14$0.07$0.436.14
$87.00$87.50$88.00Aug 14$0.07$0.436.14
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$81.00$81.50$82.00Aug 14$0.05$0.459.00
$79.00$80.00$81.00Aug 21$0.10$0.909.00
$83.00$83.50$84.00Jul 24$0.06$0.447.33
$82.50$83.00$83.50Jul 17$0.09$0.414.56
$81.00$81.50$82.00Jul 24$0.10$0.404.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 84 found (best net $-0.39, 71 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$84.00$86.001:2Aug 28-$0.12$1.88
$85.50$87.001:2Aug 7-$0.10$1.40
$87.50$89.001:2Jul 31-$0.12$1.38
$81.00$82.501:2Jul 31-$0.48$1.02
$82.00$83.501:2Aug 14-$0.60$0.90
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$89.00$85.501:2Jul 17-$0.39$3.11
$81.00$79.001:2Aug 28-$0.08$1.92
$77.00$75.001:2Aug 21-$0.12$1.88
$83.50$82.001:2Aug 14-$0.09$1.41
$86.50$85.001:2Jul 24-$0.32$1.18

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 42 found (best yield 1.76%, avg 0.49%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$84.00Aug 28$1.470.460.6%1.76%2.40%9812
$83.50Aug 14$1.160.500.0%1.39%1.43%5215
$84.00Aug 14$0.910.450.6%1.09%1.73%5--
$83.50Jul 31$0.900.500.0%1.08%1.11%159489
$84.00Aug 21$0.820.460.6%0.98%1.62%41322
$85.00Aug 21$0.750.361.8%0.90%2.73%22310.8K
$84.00Aug 7$0.730.510.6%0.87%1.51%2169
$84.00Jul 31$0.700.430.6%0.84%1.47%890
$85.00Aug 14$0.700.351.8%0.84%2.67%16--
$84.50Aug 14$0.690.391.2%0.83%2.06%1217

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 3,908
Total Puts 6,078
Put/Call Ratio 1.56
Net Difference -2,170

Prior's Put/Call Breakdown

Total Calls 5,120
Total Puts 5,017
Put/Call Ratio 0.98
Net Difference 103

Prior 7-Day Put/Call Summary

Total Calls 75,350
Total Puts 39,937
Average Put/Call Ratio 0.69
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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