Tour v344
XLP
State StreetCnsmrStpSelSectSPDRETF
$85.81 +2.80%
$85.71 (-0.12%)🌙
as of 07/16 06:05 PM
7/16 18:05

Option Volume

Detail
Current (07/16) 28,598
Calls: 9,685 (34%)
Puts: 18,913 (66%)
Prior (07/15) 9,986
Calls: 3,908 (39%)
Puts: 6,078 (61%)
Current vs Prior +186.38%
Calls: +147.82% (Calls)
Puts: +211.17% (Puts)
Prior 7-Day Total 112,204
Calls: 71,094 (63%)
Puts: 41,110 (37%)
Prior 7-Day Average 16,029
Calls: 10,156 (63%)
Puts: 5,872 (37%)
Current vs Prior 7-Day Avg +78.41%
Calls: -4.64%
Puts: +222.04%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/16) $2.66M
Calls: $1.13M (43%)
Puts: $1.53M (57%)
Prior (07/15) $759.8K
Calls: $285.2K (38%)
Puts: $474.6K (62%)
Current vs Prior +250.12%
Calls: +296.83%
Puts: +222.05%
Prior 7-Day Total $12.42M
Calls: $7.39M (59%)
Puts: $5.03M (41%)
Prior 7-Day Average $1.77M
Calls: $1.06M (59%)
Puts: $718.7K (41%)
Current vs Prior 7-Day Avg +49.95%
Calls: +7.24%
Puts: +112.66%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/16) 1.95
Prior (07/15) 1.56
Current vs Prior +25.56%
Prior 7-Day Average 0.83
Current vs Prior 7-Day Avg +136.24%
Sentiment BEARISH

Open Interest

Detail
Current (07/16) 405,331
Calls: 114,318 (28%)
Puts: 291,013 (72%)
Prior (07/15) 230,437
Calls: 71,043 (31%)
Puts: 159,394 (69%)
Current vs Prior +75.90%
Prior 7-Day Total 2,410,047
Calls: 680,269 (28%)
Puts: 1,729,778 (72%)
Prior 7-Day Average 344,292
Calls: 97,181 (28%)
Puts: 247,111 (72%)
Current vs Prior 7-Day Avg +17.73%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 1.21% | 2.05%1.21% | 4.17%
Prior 1.22% | 2.02%1.22% | 4.29%
Current vs Prior -0.82% | +1.30%-0.82% | -2.73%
Prior 7-Day Avg 3.01% | 2.45%2.58% | 5.00%
Current vs 7-Day Avg -59.70% | -16.44%-53.08% | -16.48%
Prior 7-Day Eod 1.22% | 2.02%1.22% | 4.29%
Current vs 7-Day Eod -0.82% | +1.30%-0.82% | -2.73%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 20.73% | 8.34%
Calls: 17.39% | 4.60%
Puts: 24.07% | 12.09%
Prior 22.75% | 13.29%
Calls: 29.55% | 11.54%
Puts: 15.94% | 15.05%
Current vs Prior -8.88% | -37.25%
Prior 7-Day Avg 21.32% | 10.75%
Calls: 22.54% | 10.17%
Puts: 20.10% | 11.34%
Current vs 7-Day Avg -2.76% | -22.45%
Liquidity Expensive
+
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🤖 AI Insights

Massive premium surge with dollar volume up 250% vs prior. Unusually high activity with volume up 186% vs prior - elevated interest. Volume explosion - 78% above 7-day average (28,598 vs avg 16,029). Extreme bearish P/C ratio of 1.95 - heavy put buying.

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 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

📈 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 6 of results (avg 6.6%, best 2.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.00Aug 210.880.90$0.892.2%2520.322.2K
$73.00Aug 2112.7013.35$13.025.0%10.981
$80.00Jul 175.656.05$5.856.8%50.99150
$82.00Aug 214.404.75$4.587.6%10.8342
$78.00Jul 317.558.25$7.908.9%30.94--
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.65, cheapest $0.40)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.00Aug 210.880.90$0.892.2%2520.322.2K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.00Aug 210.360.43$0.4017.5%1740.171.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 86 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Jul 179.6011.15$10.3814.9%10.995
$76.00Jul 178.7010.15$9.4315.4%10.9910
$78.00Jul 177.158.10$7.6312.5%30.9921
$78.50Jul 175.657.95$6.8033.8%70.9914
$79.00Jul 176.457.15$6.8010.3%10.9928
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$89.00Jul 172.903.60$3.2521.5%41.00--
$89.50Jul 173.404.10$3.7518.7%21.001
$92.00Jul 175.956.70$6.3311.8%21.00--
$94.00Jul 177.9010.05$8.9823.9%41.00--
$90.00Aug 214.004.60$4.3014.0%70.81--

Most actively traded options today. High liquidity = easy entry/exit. 168 active (total vol 19.1K, top 2.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$86.00Jul 170.210.48$0.3577.1%2.9K0.465.4K
$86.00Jul 310.931.24$1.0928.4%6750.49206
$87.00Aug 210.431.39$0.91105.5%6250.381.0K
$85.50Jul 240.701.16$0.9349.5%5770.58921
$86.00Jul 240.650.84$0.7525.3%5630.4788
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Aug 210.110.22$0.1764.7%2.1K0.08916
$83.00Aug 210.450.74$0.6048.3%1.3K0.24527
$85.00Jul 310.410.93$0.6777.6%5400.36130
$84.50Jul 310.230.56$0.4082.5%5060.2760
$86.50Jul 311.211.61$1.4128.4%5000.58--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 44 strikes (avg 191.1%, max 447.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$81.50Jul 17Aug 774.5%16.4%354.2%--32
$79.00Jul 17Aug 2171.4%15.8%351.9%138
$81.00Jul 17Aug 2179.3%17.8%346.6%2130
$82.00Jul 17Aug 2167.0%15.7%327.4%4348
$80.00Jul 17Aug 2162.1%16.3%280.1%5167
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$81.00Jul 17Aug 2879.3%14.5%447.6%345.9K
$77.00Jul 17Aug 2190.6%19.0%377.7%62.1K
$79.00Jul 17Aug 2871.4%15.3%366.8%--2.2K
$81.50Jul 17Aug 1474.5%16.2%359.4%18230
$76.00Jul 17Aug 2199.4%22.1%349.5%13167

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 67 found (best R:R 14.38, avg 2.23)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$89.00$91.00Jul 31$0.13$1.87$0.1314.38$89.13
$89.00$90.00Aug 21$0.13$0.87$0.136.69$89.13
$87.00$87.50Jul 17$0.10$0.40$0.104.00$87.10
$91.00$92.00Aug 21$0.20$0.80$0.204.00$91.20
$87.00$88.00Aug 7$0.28$0.72$0.282.57$87.28
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$81.00$79.00Aug 28$0.15$1.85$0.1512.33$80.85
$81.00$80.00Aug 21$0.19$0.81$0.194.26$80.81
$83.00$81.00Aug 28$0.38$1.62$0.384.26$82.62
$81.00$80.50Jul 17$0.10$0.40$0.104.00$80.90
$82.50$82.00Jul 24$0.10$0.40$0.104.00$82.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 85 found (best R:R 14.00, avg 1.62)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$76.00$78.00Jul 17$1.80$1.80$0.209.00$77.80
$80.00$81.00Aug 21$0.88$0.88$0.127.33$80.88
$84.00$85.00Aug 21$0.87$0.87$0.136.69$84.87
$81.00$82.00Aug 21$0.82$0.82$0.184.56$81.82
$84.00$84.50Jul 24$0.40$0.40$0.104.00$84.40
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$89.00$86.00Jul 17$2.80$2.80$0.2014.00$86.20
$87.00$86.00Aug 21$0.77$0.77$0.233.35$86.23
$90.00$88.00Aug 21$1.52$1.52$0.483.17$88.48
$88.00$87.00Aug 21$0.65$0.65$0.351.86$87.35
$86.50$86.00Jul 31$0.32$0.32$0.181.78$86.18

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 34 found (avg debit $0.36, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$80.00Jul 17Jul 24$0.0862.1%23.9%
$91.00Jul 17Jul 31$0.1351.8%20.9%
$80.50Jul 17Jul 31$0.1557.4%24.3%
$88.00Jul 17Jul 24$0.1724.6%16.7%
$84.00Jul 17Jul 24$0.1824.6%15.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$77.00Jul 17Aug 21$0.0690.6%19.0%
$83.00Jul 17Jul 24$0.0736.9%17.2%
$76.00Jul 17Aug 21$0.0899.4%22.1%
$79.00Jul 17Jul 24$0.1271.4%37.1%
$78.00Jul 17Jul 31$0.1380.6%31.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 80 found (cheapest 0.93% of stock, avg 4.54%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$86.00Jul 17$0.35$0.45$0.80$85.20$86.800.93%
$85.50Jul 17$0.59$0.23$0.82$84.68$86.320.96%
$85.00Jul 17$0.96$0.16$1.12$83.88$86.121.31%
$84.50Jul 17$1.43$0.04$1.47$83.03$85.971.71%
$85.50Jul 24$0.93$0.56$1.49$84.01$86.991.74%
$86.50Jul 24$0.44$1.11$1.55$84.95$88.051.81%
$86.00Jul 24$0.75$0.83$1.58$84.42$87.581.84%
$85.00Jul 24$1.33$0.42$1.75$83.25$86.752.04%
$87.00Jul 24$0.40$1.40$1.80$85.20$88.802.10%
$84.00Jul 17$1.95$0.02$1.97$82.03$85.972.30%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 160 found (cheapest 0.08% of stock, avg 1.95%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$87.50$84.50Jul 17$0.03$0.04$0.07$84.43$87.57
$87.50$82.00Jul 17$0.03$0.11$0.14$81.86$87.64
$87.50$83.50Jul 17$0.03$0.12$0.15$83.35$87.65
$87.00$84.50Jul 17$0.13$0.04$0.17$84.33$87.17
$87.50$85.00Jul 17$0.03$0.16$0.19$84.81$87.69
$86.50$84.50Jul 17$0.17$0.04$0.21$84.29$86.71
$87.00$82.00Jul 17$0.13$0.11$0.24$81.76$87.24
$87.00$83.50Jul 17$0.13$0.12$0.25$83.25$87.25
$87.50$85.50Jul 17$0.03$0.23$0.26$85.24$87.76
$86.50$82.00Jul 17$0.17$0.11$0.28$81.72$86.78

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 59 found (best R:R 9.00, avg credit $0.57)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
86/8789/90Aug 21$0.90$0.109.00$86.10$89.90
81/8286/86Jul 31$0.39$0.113.55$81.11$86.39
82/8386/87Aug 21$0.78$0.223.55$82.22$86.78
87/8889/90Aug 21$0.78$0.223.55$87.22$89.78
83/8487/88Aug 28$0.78$0.223.55$83.22$87.78
85/8687/88Aug 28$0.78$0.223.55$84.72$87.78
80/8186/87Aug 21$0.77$0.233.35$80.23$86.77
84/8486/87Jul 31$0.38$0.123.17$84.12$86.88
86/8687/88Aug 28$0.76$0.243.17$85.24$87.76
80/8183/84Aug 21$0.75$0.253.00$80.25$83.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 58 found (best R:R 15.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$80.00$81.00$82.00Aug 21$0.06$0.9415.67
$87.00$88.00$89.00Aug 28$0.07$0.9313.29
$89.00$90.00$91.00Aug 21$0.09$0.9110.11
$84.00$84.50$85.00Jul 17$0.05$0.459.00
$82.00$82.50$83.00Jul 17$0.06$0.447.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$76.00$77.00$78.00Aug 21$0.06$0.9415.67
$79.00$80.00$81.00Aug 21$0.10$0.909.00
$79.00$81.00$83.00Aug 28$0.23$1.777.70
$82.50$83.00$83.50Jul 24$0.06$0.447.33
$78.00$79.00$80.00Aug 21$0.12$0.887.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 95 found (best net $-0.10, 84 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$93.00$96.001:2Aug 21-$0.10$2.90
$89.00$91.001:2Jul 31-$0.01$1.99
$91.00$92.001:2Aug 21$0.00$1.00
$88.00$89.001:2Aug 14-$0.13$0.87
$89.00$90.001:2Aug 7-$0.22$0.78
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$72.00$70.001:2Jul 17-$0.01$1.99
$88.00$86.001:2Aug 28-$0.55$1.45
$92.00$89.501:2Jul 17-$1.17$1.33
$77.00$76.001:2Aug 21-$0.11$0.89
$79.00$78.001:2Aug 21-$0.14$0.86

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 31 found (best yield 1.56%, avg 0.64%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$86.00Aug 14$1.340.520.2%1.56%1.78%3428
$87.00Aug 28$1.240.411.4%1.45%2.83%19
$86.00Aug 7$1.150.490.2%1.34%1.56%2222
$86.00Aug 21$0.990.480.2%1.15%1.38%2001.4K
$86.00Jul 31$0.930.490.2%1.08%1.31%675206
$86.50Aug 7$0.910.440.8%1.06%1.86%264
$87.00Aug 14$0.880.411.4%1.03%2.41%377
$88.00Aug 21$0.880.322.5%1.03%3.58%2522.2K
$86.50Jul 31$0.710.420.8%0.83%1.63%874
$87.00Aug 7$0.710.381.4%0.83%2.21%--22

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 9,685
Total Puts 18,913
Put/Call Ratio 1.95
Net Difference -9,228

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 71,094
Total Puts 41,110
Average Put/Call Ratio 0.83
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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