Tour v291
XLP
State StreetCnsmrStpSelSectSPDRETF
$84.13 -1.02%
7/6 15:07

Option Volume

Detail
Current (07/06 3:05pm) 11,665
Calls: 7,576 (65%)
Puts: 4,089 (35%)
Prior (07/02) 15,228
Calls: 6,567 (43%)
Puts: 8,661 (57%)
Current vs Prior -23.40%
Calls: +15.36% (Calls)
Puts: -52.79% (Puts)
Prior 7-Day Total 112,131
Calls: 68,925 (61%)
Puts: 43,206 (39%)
Prior 7-Day Average 16,018
Calls: 9,846 (61%)
Puts: 6,172 (39%)
Current vs Prior 7-Day Avg -27.18%
Calls: -23.06%
Puts: -33.75%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/06 3:05pm) $1.14M
Calls: $764.3K (67%)
Puts: $379.6K (33%)
Prior (07/02) $1.39M
Calls: $920.5K (66%)
Puts: $473.5K (34%)
Current vs Prior -17.94%
Calls: -16.97%
Puts: -19.83%
Prior 7-Day Total $17.74M
Calls: $7.64M (43%)
Puts: $10.10M (57%)
Prior 7-Day Average $2.53M
Calls: $1.09M (43%)
Puts: $1.44M (57%)
Current vs Prior 7-Day Avg -54.86%
Calls: -29.99%
Puts: -73.69%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/06 3:05pm) 0.54
Prior (07/02) 1.32
Current vs Prior -59.08%
Prior 7-Day Average 0.84
Current vs Prior 7-Day Avg -35.86%
Sentiment BULLISH

Open Interest

Detail
Current (07/06 3:05pm) 373,935
Calls: 97,303 (26%)
Puts: 276,632 (74%)
Prior (07/02) 373,992
Calls: 97,324 (26%)
Puts: 276,668 (74%)
Current vs Prior -0.02%
Prior 7-Day Total 2,480,111
Calls: 580,548 (23%)
Puts: 1,899,563 (77%)
Prior 7-Day Average 354,301
Calls: 82,935 (23%)
Puts: 271,366 (77%)
Current vs Prior 7-Day Avg +5.54%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 1.68% | 2.37%2.37% | 5.00%
Prior 1.05% | 2.00%-- | --
Current vs Prior +60.12% | +18.44%-- | --
Prior 7-Day Avg 1.29% | 2.18%-- | --
Current vs 7-Day Avg +30.14% | +8.39%-- | --
Prior 7-Day Eod 1.05% | 2.00%-- | --
Current vs 7-Day Eod +60.12% | +18.44%-- | --
Sentiment BEARISH--

Relative Spread

Detail
Expiry | Next
Current 10.06% | 11.06%
Calls: 12.12% | 12.12%
Puts: 8.00% | 10.00%
Prior 12.63% | 10.88%
Calls: 12.50% | 7.14%
Puts: 12.77% | 14.63%
Current vs Prior -20.35% | +1.65%
Prior 7-Day Avg 16.19% | 13.92%
Calls: 13.85% | 13.45%
Puts: 18.53% | 14.39%
Current vs 7-Day Avg -37.85% | -20.53%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 67% call dollar volume ($764.3K). Bullish P/C ratio of 0.54. P/C ratio dropping 59% - sentiment shifting bullish. Put-heavy open interest (276,632 puts vs 97,303 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BEARISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
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 42 of results (avg 7.5%, best 2.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Jul 179.059.30$9.182.7%30.981
$76.00Jul 178.058.30$8.183.1%30.988
$80.00Jul 244.304.50$4.404.5%--0.9076
$80.00Jul 174.154.35$4.254.7%--0.94156
$79.00Jul 175.105.35$5.234.8%--0.9623
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$86.00Jul 312.262.35$2.303.9%--0.7010
$85.50Jul 311.922.01$1.974.6%20.6513
$85.00Jul 101.051.11$1.085.6%300.72543
$84.50Aug 71.501.59$1.555.8%--0.5313
$85.00Jul 171.261.34$1.306.2%2160.642.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 31 found (avg $0.68, cheapest $0.21)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.50Jul 170.330.39$0.3616.7%390.27163
$84.50Jul 100.380.46$0.4219.0%1320.403.0K
$85.00Jul 170.520.56$0.547.4%1590.3611.3K
$84.00Jul 100.620.70$0.6612.1%2.2K0.54840
$84.50Jul 170.680.76$0.7211.1%9820.44455
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.00Jul 170.200.22$0.219.5%800.171.6K
$81.00Jul 240.210.25$0.2317.4%170.1427
$83.50Jul 100.300.34$0.3212.5%620.33123
$83.00Jul 170.380.46$0.4219.0%560.307.2K
$82.50Jul 240.450.52$0.4914.3%40.2899

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 60 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$75.00Jul 179.059.30$9.182.7%30.981
$76.00Jul 178.058.30$8.183.1%30.988
$79.00Jul 175.105.35$5.234.8%--0.9623
$80.00Jul 174.154.35$4.254.7%--0.94156
$81.50Jul 102.572.78$2.687.8%40.9310
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Jul 1010.8013.00$11.9018.5%41.00--
$100.00Jul 1015.8018.00$16.9013.0%21.00--
$87.00Jul 172.843.15$3.0010.3%--0.89158
$86.00Jul 101.832.09$1.9613.3%--0.8934
$87.00Jul 242.853.20$3.0311.6%--0.8471

Most actively traded options today. High liquidity = easy entry/exit. 128 active (total vol 7.7K, top 2.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Jul 100.620.70$0.6612.1%2.2K0.54840
$84.50Jul 170.680.76$0.7211.1%9820.44455
$85.00Jul 100.220.27$0.2520.0%3130.28346
$83.50Jul 241.441.59$1.529.9%1810.5914
$85.00Jul 170.520.56$0.547.4%1590.3611.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$84.00Jul 170.730.81$0.7710.4%2530.473.4K
$85.00Jul 171.261.34$1.306.2%2160.642.1K
$82.00Aug 140.730.85$0.7915.2%1810.3020
$83.00Aug 140.991.16$1.0815.7%1310.3820
$82.00Jul 310.480.56$0.5215.4%1040.25275

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 29.5%, max 82.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$89.50Jul 10Jul 1728.8%19.1%50.9%--881
$88.50Jul 10Jul 3121.9%14.7%49.1%29
$88.00Jul 10Aug 722.9%15.5%48.2%44
$87.50Jul 10Jul 3121.2%14.9%42.8%3247
$81.50Jul 10Aug 720.8%15.1%38.2%420
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$78.00Jul 10Jul 3134.4%18.9%82.4%--32
$75.00Jul 10Jul 2445.3%25.9%75.0%--52
$79.00Jul 10Aug 1429.5%17.0%73.7%1472
$79.50Jul 10Aug 727.0%16.9%59.2%--86
$80.00Jul 10Aug 726.1%16.4%59.2%2117

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 81 found (best R:R 40.67, avg 2.59)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$89.00$90.50Aug 7$0.10$1.40$0.1014.00$89.10
$88.00$89.00Aug 7$0.11$0.89$0.118.09$88.11
$86.50$87.00Jul 24$0.10$0.40$0.104.00$86.60
$86.50$88.00Aug 7$0.30$1.20$0.304.00$86.80
$85.00$85.50Jul 10$0.11$0.39$0.113.55$85.11
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$80.00$75.00Jul 24$0.12$4.88$0.1240.67$79.88
$80.50$79.00Aug 14$0.17$1.33$0.177.82$80.33
$81.50$80.50Aug 14$0.17$0.83$0.174.88$81.33
$82.50$82.00Jul 17$0.11$0.39$0.113.55$82.39
$82.50$82.00Jul 24$0.11$0.39$0.113.55$82.39

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 95 found (best R:R 7.06, avg 1.22)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$80.00$82.50Jul 24$2.19$2.19$0.317.06$82.19
$80.50$81.50Jul 31$0.85$0.85$0.155.67$81.35
$81.00$81.50Jul 17$0.40$0.40$0.104.00$81.40
$82.00$83.00Jul 17$0.80$0.80$0.204.00$82.80
$83.00$83.50Jul 10$0.38$0.38$0.123.17$83.38
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$86.50$85.50Aug 7$0.86$0.86$0.146.14$85.64
$87.00$86.00Jul 31$0.85$0.85$0.155.67$86.15
$85.50$85.00Jul 17$0.37$0.37$0.132.85$85.13
$85.50$85.00Jul 31$0.37$0.37$0.132.85$85.13
$85.00$84.50Jul 10$0.33$0.33$0.171.94$84.67

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 30 found (avg debit $0.19, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$87.50Jul 10Jul 17$0.0521.2%15.5%
$91.00Jul 17Jul 31$0.0522.7%17.7%
$89.00Jul 17Jul 31$0.0718.5%15.0%
$87.00Jul 10Jul 17$0.0819.8%15.4%
$86.50Jul 10Jul 17$0.1217.1%14.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$80.50Jul 10Jul 17$0.0921.9%18.6%
$81.00Jul 10Jul 17$0.0921.9%17.4%
$81.50Jul 10Jul 17$0.1120.8%16.6%
$82.00Jul 10Jul 17$0.1219.4%15.6%
$86.00Jul 10Jul 17$0.1217.0%14.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 58 found (cheapest 1.38% of stock, avg 3.48%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$84.00Jul 10$0.66$0.50$1.16$82.84$85.161.38%
$84.50Jul 10$0.42$0.75$1.17$83.33$85.671.39%
$83.50Jul 10$0.96$0.32$1.28$82.22$84.781.52%
$85.00Jul 10$0.25$1.08$1.33$83.67$86.331.58%
$83.00Jul 10$1.34$0.20$1.54$81.46$84.541.83%
$85.50Jul 10$0.14$1.51$1.65$83.85$87.151.96%
$84.50Jul 17$0.72$1.00$1.72$82.78$86.222.04%
$84.00Jul 17$0.99$0.77$1.76$82.24$85.762.09%
$83.50Jul 17$1.27$0.57$1.84$81.66$85.342.19%
$85.00Jul 17$0.54$1.30$1.84$83.16$86.842.19%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 0.15% of stock, avg 1.63%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$86.50$82.00Jul 10$0.04$0.09$0.13$81.87$86.63
$86.00$82.00Jul 10$0.08$0.09$0.17$81.83$86.17
$86.50$82.50Jul 10$0.04$0.13$0.17$82.33$86.67
$86.00$82.50Jul 10$0.08$0.13$0.21$82.29$86.21
$85.50$82.00Jul 10$0.14$0.09$0.23$81.77$85.73
$86.50$83.00Jul 10$0.04$0.20$0.24$82.76$86.74
$85.50$82.50Jul 10$0.14$0.13$0.27$82.23$85.77
$86.00$83.00Jul 10$0.08$0.20$0.28$82.72$86.28
$85.00$82.00Jul 10$0.25$0.09$0.34$81.66$85.34
$85.50$83.00Jul 10$0.14$0.20$0.34$82.66$85.84

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 130 found (best R:R 4.00, avg credit $0.37)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
84/8485/86Jul 24$0.40$0.104.00$83.60$85.40
83/8484/85Aug 14$0.40$0.104.00$83.10$84.90
82/8284/84Jul 17$0.39$0.113.55$82.11$83.89
81/8284/84Jul 31$0.39$0.113.55$81.11$84.39
82/8284/84Jul 31$0.39$0.113.55$82.11$84.39
84/8486/86Jul 31$0.39$0.113.55$84.11$86.39
82/8282/84Aug 7$0.78$0.223.55$81.22$83.28
82/8284/84Jul 17$0.38$0.123.17$82.12$84.38
83/8484/85Jul 24$0.38$0.123.17$83.12$84.88
84/8586/86Jul 24$0.38$0.123.17$84.62$86.38

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 27 found (best R:R 10.11, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$80.50$81.50$82.50Jul 31$0.09$0.9110.11
$84.50$85.00$85.50Jul 31$0.05$0.459.00
$81.50$82.50$83.50Aug 7$0.11$0.898.09
$83.50$84.00$84.50Jul 10$0.06$0.447.33
$84.50$85.00$85.50Jul 10$0.06$0.447.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$83.00$83.50$84.00Jul 17$0.05$0.459.00
$83.00$83.50$84.00Jul 10$0.06$0.447.33
$83.50$84.00$84.50Jul 10$0.07$0.436.14
$81.50$82.00$82.50Jul 17$0.07$0.436.14
$84.00$84.50$85.00Jul 17$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. 70 found (best net $-0.02, 68 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$80.00$82.501:2Jul 24-$0.02$2.48
$89.00$91.001:2Jul 31-$0.04$1.96
$89.00$90.501:2Aug 7-$0.03$1.47
$86.50$88.001:2Aug 7-$0.04$1.46
$88.00$89.001:2Aug 7-$0.12$0.88
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$72.00$70.001:2Jul 17-$0.02$1.98
$80.50$79.001:2Aug 14-$0.13$1.37
$78.00$77.001:2Jul 10$0.00$1.00
$81.00$80.001:2Aug 7-$0.22$0.78
$81.50$80.501:2Aug 14-$0.30$0.70

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 38 found (best yield 1.79%, avg 0.61%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$84.50Aug 14$1.510.470.4%1.79%2.23%--10
$84.50Aug 7$1.320.470.4%1.57%2.01%434
$85.00Aug 14$1.260.431.0%1.50%2.53%62
$84.50Jul 31$1.110.460.4%1.32%1.76%--26
$85.00Aug 7$1.090.421.0%1.30%2.33%1869
$85.50Aug 14$1.040.381.6%1.24%2.86%11411
$84.50Jul 24$0.930.450.4%1.11%1.55%2331
$85.00Jul 31$0.880.411.0%1.05%2.08%41191
$85.50Aug 7$0.880.371.6%1.05%2.67%9812
$85.00Jul 24$0.710.381.0%0.84%1.88%279

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 7,576
Total Puts 4,089
Put/Call Ratio 0.54
Net Difference 3,487

Prior's Put/Call Breakdown

Total Calls 6,567
Total Puts 8,661
Put/Call Ratio 1.32
Net Difference -2,094

Prior 7-Day Put/Call Summary

Total Calls 68,925
Total Puts 43,206
Average Put/Call Ratio 0.84
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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