Tour v366
XLP
State StreetCnsmrStpSelSectSPDRETF
$84.86 -0.39%
$84.82 (-0.05%)🌙
as of 07/20 06:05 PM
7/20 18:05

Option Volume

Detail
Current (07/20) 13,326
Calls: 6,800 (51%)
Puts: 6,526 (49%)
Prior (07/17) 34,176
Calls: 14,527 (43%)
Puts: 19,649 (57%)
Current vs Prior -61.01%
Calls: -53.19% (Calls)
Puts: -66.79% (Puts)
Prior 7-Day Total 144,677
Calls: 74,632 (52%)
Puts: 70,045 (48%)
Prior 7-Day Average 20,668
Calls: 10,661 (52%)
Puts: 10,006 (48%)
Current vs Prior 7-Day Avg -35.52%
Calls: -36.22%
Puts: -34.78%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/20) $1.22M
Calls: $627.6K (52%)
Puts: $587.5K (48%)
Prior (07/17) $5.45M
Calls: $2.79M (51%)
Puts: $2.66M (49%)
Current vs Prior -77.72%
Calls: -77.50%
Puts: -77.94%
Prior 7-Day Total $17.31M
Calls: $9.25M (53%)
Puts: $8.06M (47%)
Prior 7-Day Average $2.47M
Calls: $1.32M (53%)
Puts: $1.15M (47%)
Current vs Prior 7-Day Avg -50.88%
Calls: -52.52%
Puts: -48.99%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/20) 0.96
Prior (07/17) 1.35
Current vs Prior -29.05%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg -13.78%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/20) 357,185
Calls: 83,044 (23%)
Puts: 274,141 (77%)
Prior (07/17) 417,039
Calls: 115,706 (28%)
Puts: 301,333 (72%)
Current vs Prior -14.35%
Prior 7-Day Total 2,467,742
Calls: 703,069 (28%)
Puts: 1,764,673 (72%)
Prior 7-Day Average 352,534
Calls: 100,438 (28%)
Puts: 252,096 (72%)
Current vs Prior 7-Day Avg +1.32%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 1.46% | 2.58%4.28% | 5.96%
Prior 2.01% | 2.52%5.22% | 5.29%
Current vs Prior -27.20% | +2.26%-18.11% | +12.63%
Prior 7-Day Avg 2.75% | 2.34%2.73% | 4.88%
Current vs 7-Day Avg -46.91% | +10.38%+56.54% | +22.30%
Prior 7-Day Eod 2.01% | 2.52%5.22% | 5.29%
Current vs 7-Day Eod -27.20% | +2.26%-18.11% | +12.63%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 6.59% | 9.32%
Calls: 7.69% | 9.82%
Puts: 5.48% | 8.82%
Prior 54.08% | 6.42%
Calls: 71.43% | 6.33%
Puts: 36.73% | 6.52%
Current vs Prior -87.81% | +45.17%
Prior 7-Day Avg 28.00% | 9.98%
Calls: 31.99% | 9.09%
Puts: 24.01% | 10.87%
Current vs 7-Day Avg -76.47% | -6.57%
Liquidity Pricy
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🤖 AI Insights

Light premium activity with dollar volume down 78% vs prior. Below-average activity with volume down 61% vs prior. P/C ratio dropping 29% - sentiment shifting bullish. Put-heavy open interest (274,141 puts vs 83,044 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 -- of results (avg --%, best --%)

No options available for this category

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. 68 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Jul 249.2510.80$10.0315.5%20.99--
$76.00Jul 248.559.60$9.0711.6%30.99--
$76.50Jul 246.0511.00$8.5358.0%10.99--
$79.50Jul 243.207.65$5.4382.0%80.995
$80.00Jul 243.007.20$5.1082.4%80.9976
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.00Aug 142.753.80$3.2832.0%--1.0014
$89.50Aug 214.355.00$4.6813.9%10.85--
$87.00Aug 142.132.85$2.4928.9%--0.84334
$86.50Jul 241.451.91$1.6827.4%10.8433
$87.00Jul 240.002.57$1.29199.2%--0.81416

Most actively traded options today. High liquidity = easy entry/exit. 128 active (total vol 11.2K, top 1.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$86.00Jul 240.040.39$0.22159.1%1.8K0.24458
$85.50Jul 240.000.48$0.24200.0%8000.31992
$86.00Aug 210.921.48$1.2046.7%6680.411.5K
$85.00Jul 310.001.36$0.68200.0%5710.49142
$85.50Jul 310.440.92$0.6870.6%5540.41123
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$80.00Aug 210.180.35$0.2763.0%1.3K0.122.8K
$83.00Aug 210.560.84$0.7040.0%9000.292.0K
$82.00Aug 210.450.73$0.5947.5%5000.234.8K
$81.00Aug 210.300.47$0.3943.6%2320.171.3K
$83.50Jul 310.102.43$1.27183.5%2300.37199

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 36 strikes (avg 104.8%, max 567.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$89.00Jul 24Aug 21115.0%17.2%567.9%81.3K
$88.00Jul 24Aug 21105.0%17.0%518.4%182.4K
$84.50Jul 24Aug 2879.8%18.1%340.2%182534
$89.50Jul 24Jul 31119.8%39.5%203.2%339
$88.50Jul 24Aug 2142.3%16.8%152.4%221
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$88.00Jul 24Aug 28105.0%20.9%401.0%--79
$84.50Jul 24Aug 2879.8%18.1%340.2%701.9K
$79.00Jul 31Aug 2849.4%23.5%109.8%--89
$81.50Jul 24Aug 2831.1%16.1%92.4%375
$78.00Jul 31Aug 2831.9%17.1%86.1%250

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 57 found (best R:R 72.08, avg 3.81)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$90.50$100.00Aug 7$0.13$9.37$0.1372.08$90.63
$91.00$95.00Jul 31$0.14$3.86$0.1427.57$91.14
$92.00$93.00Aug 21$0.10$0.90$0.109.00$92.10
$90.00$91.00Aug 21$0.13$0.87$0.136.69$90.13
$89.00$90.00Aug 21$0.17$0.83$0.174.88$89.17
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$80.00$79.00Aug 21$0.10$0.90$0.109.00$79.90
$81.50$81.00Jul 24$0.10$0.40$0.104.00$81.40
$81.50$81.00Aug 7$0.10$0.40$0.104.00$81.40
$80.50$80.00Jul 31$0.11$0.39$0.113.55$80.39
$83.00$81.50Aug 28$0.37$1.13$0.373.05$82.63

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 75 found (best R:R 7.33, avg 1.33)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$89.00$90.00Aug 14$0.82$0.82$0.184.56$89.82
$79.00$80.00Aug 21$0.73$0.73$0.272.70$79.73
$83.00$84.00Aug 21$0.73$0.73$0.272.70$83.73
$83.50$84.00Jul 31$0.36$0.36$0.142.57$83.86
$87.00$88.00Aug 14$0.70$0.70$0.302.33$87.70
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$88.00$86.00Aug 28$1.76$1.76$0.247.33$86.24
$89.50$88.00Aug 21$1.28$1.28$0.225.82$88.22
$88.00$87.00Aug 14$0.79$0.79$0.213.76$87.21
$84.50$84.00Aug 14$0.38$0.38$0.123.17$84.12
$86.00$85.50Jul 24$0.37$0.37$0.132.85$85.63

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 27 found (avg debit $0.43, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$87.50Jul 24Jul 31$0.0825.0%17.3%
$82.50Jul 24Jul 31$0.2019.9%17.3%
$86.50Jul 24Jul 31$0.2218.6%16.3%
$84.00Jul 24Jul 31$0.2421.3%17.6%
$81.50Jul 31Aug 7$0.2420.3%17.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$81.00Jul 24Jul 31$0.0624.3%18.6%
$79.00Jul 31Aug 7$0.0949.4%40.6%
$88.00Jul 24Aug 14$0.10105.0%11.7%
$83.00Jul 24Jul 31$0.1123.5%17.0%
$80.50Jul 24Jul 31$0.1326.9%23.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 58 found (cheapest 1.41% of stock, avg 4.01%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$85.50Jul 24$0.24$0.96$1.20$84.30$86.701.41%
$85.00Jul 24$0.64$0.71$1.35$83.65$86.351.59%
$86.00Jul 24$0.22$1.33$1.55$84.45$87.551.83%
$87.00Jul 24$0.26$1.29$1.55$85.45$88.551.83%
$84.00Jul 24$1.25$0.38$1.63$82.37$85.631.92%
$85.00Jul 31$0.68$1.01$1.69$83.31$86.691.99%
$86.50Jul 24$0.15$1.68$1.83$84.67$88.332.16%
$84.50Jul 31$1.18$0.68$1.86$82.64$86.362.19%
$85.50Jul 31$0.68$1.23$1.91$83.59$87.412.25%
$84.00Jul 31$1.49$0.64$2.13$81.87$86.132.51%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.44% of stock, avg 2.27%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$85.50$81.50Jul 24$0.24$0.13$0.37$81.13$85.87
$85.50$83.50Jul 24$0.24$0.17$0.41$83.09$85.91
$85.50$83.00Jul 24$0.24$0.20$0.44$82.56$85.94
$85.50$84.00Jul 24$0.24$0.38$0.62$83.38$86.12
$86.50$83.00Jul 31$0.37$0.31$0.68$82.32$87.18
$88.00$83.00Aug 7$0.26$0.45$0.71$82.29$88.71
$88.00$83.50Aug 7$0.26$0.49$0.75$82.75$88.75
$85.00$81.50Jul 24$0.64$0.13$0.77$80.73$85.77
$85.00$83.50Jul 24$0.64$0.17$0.81$82.69$85.81
$85.00$83.00Jul 24$0.64$0.20$0.84$82.16$85.84

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 81 found (best R:R 6.69, avg credit $0.62)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
81/8283/84Aug 21$0.87$0.136.69$80.63$83.87
78/7986/86Aug 7$0.86$0.146.14$78.14$86.86
78/7986/86Jul 31$0.85$0.155.67$78.15$86.85
78/7990/91Jul 31$1.25$0.255.00$77.75$90.75
79/8083/84Aug 21$0.83$0.174.88$79.17$83.83
86/8690/91Jul 31$1.21$0.294.17$84.79$90.71
80/8185/86Aug 28$0.40$0.104.00$80.60$85.40
78/7986/86Jul 31$0.78$0.223.55$78.22$86.28
81/8284/84Aug 7$0.39$0.113.55$81.11$84.39
85/8687/88Jul 24$0.37$0.132.85$85.13$87.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 47 found (best R:R 13.29, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$92.00$93.00$94.00Aug 21$0.08$0.9211.50
$88.00$89.00$90.00Aug 7$0.09$0.9110.11
$83.50$84.00$84.50Jul 31$0.05$0.459.00
$88.00$88.50$89.00Aug 21$0.06$0.447.33
$84.00$84.50$85.00Aug 28$0.08$0.425.25
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$75.00$76.00$77.00Aug 21$0.07$0.9313.29
$78.00$79.00$80.00Aug 21$0.09$0.9110.11
$83.50$84.00$84.50Aug 7$0.05$0.459.00
$84.00$84.50$85.00Aug 7$0.05$0.459.00
$80.50$81.00$81.50Aug 21$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. 81 found (best net $-0.01, 64 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$80.00$82.001:2Jul 24-$0.82$1.18
$85.50$87.001:2Aug 28-$0.43$1.07
$92.00$93.001:2Aug 21$0.00$1.00
$94.00$96.001:2Aug 21-$1.04$0.96
$93.00$94.001:2Aug 21-$0.06$0.94
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$80.00$75.001:2Jul 24-$0.01$4.99
$87.00$85.001:2Aug 14-$0.27$1.73
$88.00$86.001:2Aug 28-$0.43$1.57
$83.00$81.501:2Aug 28-$0.20$1.30
$80.00$79.001:2Aug 21-$0.07$0.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 30 found (best yield 1.77%, avg 0.63%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$85.00Aug 28$1.500.490.2%1.77%1.93%2277
$85.00Aug 21$1.430.500.2%1.69%1.85%6110.5K
$85.50Aug 28$1.310.450.8%1.54%2.30%911
$85.50Aug 21$1.140.450.8%1.34%2.10%57--
$86.50Aug 21$0.930.371.9%1.10%3.03%9--
$86.00Aug 21$0.920.411.3%1.08%2.43%6681.5K
$85.00Aug 7$0.900.500.2%1.06%1.23%--101
$85.50Aug 7$0.750.450.8%0.88%1.64%671
$87.00Aug 28$0.640.332.5%0.75%3.28%--11
$87.00Aug 21$0.560.322.5%0.66%3.18%721.4K

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 6,800
Total Puts 6,526
Put/Call Ratio 0.96
Net Difference 274

Prior's Put/Call Breakdown

Total Calls 14,527
Total Puts 19,649
Put/Call Ratio 1.35
Net Difference -5,122

Prior 7-Day Put/Call Summary

Total Calls 74,632
Total Puts 70,045
Average Put/Call Ratio 1.11
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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