Tour v345
XLP
State StreetCnsmrStpSelSectSPDRETF
$85.08 -0.85%
7/17 15:11

Option Volume

Detail
Current (07/17 3:10pm) 30,404
Calls: 12,786 (42%)
Puts: 17,618 (58%)
Prior (07/16) 14,193
Calls: 6,299 (44%)
Puts: 7,894 (56%)
Current vs Prior +114.22%
Calls: +102.98% (Calls)
Puts: +123.18% (Puts)
Prior 7-Day Total 91,484
Calls: 60,564 (66%)
Puts: 30,920 (34%)
Prior 7-Day Average 13,069
Calls: 8,652 (66%)
Puts: 4,417 (34%)
Current vs Prior 7-Day Avg +132.64%
Calls: +47.78%
Puts: +298.86%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/17 3:10pm) $3.73M
Calls: $1.60M (43%)
Puts: $2.13M (57%)
Prior (07/16) $1.39M
Calls: $833.2K (60%)
Puts: $553.8K (40%)
Current vs Prior +168.57%
Calls: +91.47%
Puts: +284.60%
Prior 7-Day Total $8.86M
Calls: $5.71M (64%)
Puts: $3.15M (36%)
Prior 7-Day Average $1.27M
Calls: $815.8K (64%)
Puts: $449.7K (36%)
Current vs Prior 7-Day Avg +194.34%
Calls: +95.55%
Puts: +373.54%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/17 3:10pm) 1.38
Prior (07/16) 1.25
Current vs Prior +9.95%
Prior 7-Day Average 0.88
Current vs Prior 7-Day Avg +56.87%
Sentiment BEARISH

Open Interest

Detail
Current (07/17 3:10pm) 417,039
Calls: 115,706 (28%)
Puts: 301,333 (72%)
Prior (07/16) 405,331
Calls: 114,318 (28%)
Puts: 291,013 (72%)
Current vs Prior +2.89%
Prior 7-Day Total 2,723,332
Calls: 750,533 (28%)
Puts: 1,972,799 (72%)
Prior 7-Day Average 389,047
Calls: 107,219 (28%)
Puts: 281,828 (72%)
Current vs Prior 7-Day Avg +7.19%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 0.74% | 2.01%0.74% | 4.48%
Prior 1.35% | 2.05%1.35% | 4.43%
Current vs Prior -45.27% | -1.83%-45.27% | +1.08%
Prior 7-Day Avg 1.39% | 2.20%1.89% | 4.79%
Current vs 7-Day Avg -46.78% | -8.53%-60.80% | -6.57%
Prior 7-Day Eod 1.35% | 2.05%1.21% | 4.17%
Current vs 7-Day Eod -45.27% | -1.83%-38.90% | +7.34%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 54.08% | 6.42%
Calls: 71.43% | 6.33%
Puts: 36.73% | 6.52%
Prior 22.75% | 13.29%
Calls: 29.55% | 11.54%
Puts: 15.94% | 15.05%
Current vs Prior +137.71% | -51.69%
Prior 7-Day Avg 20.50% | 10.70%
Calls: 22.19% | 10.27%
Puts: 18.81% | 11.14%
Current vs 7-Day Avg +163.77% | -40.02%
Liquidity Pricy
+
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🤖 AI Insights

Massive premium surge with dollar volume up 169% vs prior. Dollar volume significantly above 7-day average (194% higher). Unusually high activity with volume up 114% vs prior - elevated interest. Volume explosion - 133% above 7-day average (30,404 vs avg 13,069).

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
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 NEUTRAL
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 75 of results (avg 6.8%, best 2.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$79.00Aug 216.356.60$6.483.9%190.9210
$85.50Jul 310.840.88$0.864.7%840.44115
$82.00Aug 213.753.95$3.855.2%70.7942
$80.50Jul 314.554.80$4.685.3%--0.9518
$81.00Aug 214.554.80$4.685.3%--0.8415
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Jul 310.910.93$0.922.2%1380.49632
$83.00Aug 210.730.75$0.742.7%2790.291.7K
$84.00Aug 211.041.07$1.062.8%4460.38912
$87.00Jul 312.152.23$2.193.7%--0.7711
$84.00Jul 310.520.54$0.533.8%760.33440

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 38 found (avg $0.57, cheapest $0.13)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$88.50Jul 310.120.14$0.1315.4%870.101.1K
$86.50Jul 240.210.25$0.2317.4%780.22112
$86.00Jul 240.350.38$0.378.1%5030.31345
$89.00Aug 210.390.46$0.4316.3%5750.19742
$86.50Jul 310.420.50$0.4617.4%740.2977
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.50Jul 310.200.22$0.219.5%2180.15203
$80.00Aug 210.220.26$0.2416.7%4220.112.7K
$82.00Aug 70.230.28$0.2619.2%160.1560
$83.00Jul 310.280.30$0.296.9%830.201.2K
$84.00Jul 240.280.32$0.3013.3%1620.27340

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 88 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$70.00Jul 1714.7016.90$15.8013.9%21.00--
$71.00Jul 1713.7015.90$14.8014.9%21.00--
$72.00Jul 1712.7014.90$13.8015.9%11.00--
$73.00Jul 1711.6513.90$12.7817.6%21.001
$74.00Jul 1710.7012.45$11.5815.1%11.004
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$95.00Jul 179.8510.50$10.186.4%10.99--
$94.00Jul 177.109.45$8.2728.4%10.99--
$87.50Jul 172.362.59$2.479.3%30.98--
$86.00Jul 170.881.09$0.9921.2%1880.97560
$90.00Jul 244.855.10$4.975.0%20.97--

Most actively traded options today. High liquidity = easy entry/exit. 175 active (total vol 24.3K, top 3.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$85.00Jul 170.090.19$0.1471.4%3.4K0.607.0K
$89.00Aug 210.390.46$0.4316.3%5750.19742
$86.00Jul 240.350.38$0.378.1%5030.31345
$86.50Jul 170.000.03$0.02150.0%4420.04440
$86.00Jul 170.000.01$0.01100.0%3550.034.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$82.00Aug 210.500.53$0.525.8%3.9K0.211.3K
$85.00Aug 211.411.48$1.444.9%3.2K0.482.4K
$84.00Aug 70.650.74$0.7012.9%1.2K0.35561
$87.00Jul 241.992.19$2.099.6%1.1K0.8571
$86.00Jul 241.211.27$1.244.8%5790.69943

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 51 strikes (avg 975.4%, max 2153.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$95.00Jul 17Aug 21415.8%19.1%2075.3%678
$93.00Jul 17Aug 28344.1%16.0%2053.0%352
$94.00Jul 17Aug 21378.5%18.3%1971.4%1017
$92.00Jul 17Aug 21308.1%16.2%1798.5%4478
$79.00Jul 17Aug 21295.8%17.3%1612.8%2138
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$75.00Jul 17Aug 21470.6%20.9%2153.7%--361
$76.00Jul 17Aug 21428.3%19.6%2083.5%20162
$77.00Jul 17Aug 21382.5%17.7%2058.3%72.1K
$78.00Jul 17Aug 28339.4%17.4%1856.1%3337
$79.00Jul 17Aug 28295.8%16.2%1730.5%102.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 86 found (best R:R 8.09, avg 2.18)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$88.00$89.00Aug 7$0.11$0.89$0.118.09$88.11
$89.00$93.00Aug 28$0.44$3.56$0.448.09$89.44
$89.00$90.00Aug 14$0.12$0.88$0.127.33$89.12
$89.00$90.00Aug 21$0.14$0.86$0.146.14$89.14
$88.00$89.00Aug 14$0.18$0.82$0.184.56$88.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$81.00$80.00Aug 21$0.11$0.89$0.118.09$80.89
$81.00$79.00Aug 28$0.22$1.78$0.228.09$80.78
$82.00$81.00Aug 21$0.17$0.83$0.174.88$81.83
$84.00$83.50Jul 24$0.11$0.39$0.113.55$83.89
$83.50$83.00Jul 31$0.11$0.39$0.113.55$83.39

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 101 found (best R:R 9.00, avg 1.32)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$80.50$81.50Jul 31$0.90$0.90$0.109.00$81.40
$80.00$81.00Aug 21$0.87$0.87$0.136.69$80.87
$81.50$82.50Aug 7$0.85$0.85$0.155.67$82.35
$81.00$82.00Aug 21$0.83$0.83$0.174.88$81.83
$81.00$83.50Aug 14$2.06$2.06$0.444.68$83.06
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$94.00$87.50Jul 17$5.80$5.80$0.708.29$88.20
$88.00$87.00Aug 14$0.81$0.81$0.194.26$87.19
$87.00$86.50Jul 31$0.37$0.37$0.132.85$86.63
$88.00$87.00Aug 21$0.74$0.74$0.262.85$87.26
$86.50$86.00Jul 31$0.35$0.35$0.152.33$86.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 31 found (avg debit $0.25, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$88.00Jul 17Jul 24$0.06136.0%17.0%
$89.50Jul 17Jul 31$0.07211.0%16.8%
$94.00Jul 17Aug 21$0.07378.5%18.3%
$88.50Jul 24Jul 31$0.0817.8%15.9%
$87.50Jul 17Jul 24$0.09127.9%16.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$82.50Jul 17Jul 24$0.08137.7%17.0%
$87.50Jul 17Jul 24$0.08127.9%16.3%
$87.00Jul 17Jul 24$0.11114.1%15.4%
$83.00Jul 17Jul 24$0.12114.4%16.0%
$83.50Jul 17Jul 24$0.1797.8%15.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 87 found (cheapest 0.26% of stock, avg 4.68%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$85.00Jul 17$0.14$0.08$0.22$84.78$85.220.26%
$85.50Jul 17$0.03$0.49$0.52$84.98$86.020.61%
$84.50Jul 17$0.54$0.02$0.56$83.94$85.060.66%
$86.00Jul 17$0.01$0.99$1.00$85.00$87.001.18%
$84.00Jul 17$1.02$0.01$1.03$82.97$85.031.21%
$85.00Jul 24$0.79$0.66$1.45$83.55$86.451.70%
$85.50Jul 24$0.54$0.92$1.46$84.04$86.961.72%
$86.50Jul 17$0.02$1.48$1.50$85.00$88.001.76%
$84.50Jul 24$1.06$0.44$1.50$83.00$86.001.76%
$83.50Jul 17$1.52$0.02$1.54$81.96$85.041.81%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 152 found (cheapest 0.06% of stock, avg 1.66%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$85.50$84.50Jul 17$0.03$0.02$0.05$84.45$85.55
$85.50$85.00Jul 17$0.03$0.08$0.11$84.89$85.61
$87.50$83.00Jul 24$0.10$0.13$0.23$82.77$87.73
$87.00$83.00Jul 24$0.14$0.13$0.27$82.73$87.27
$87.50$83.50Jul 24$0.10$0.19$0.29$83.21$87.79
$87.00$83.50Jul 24$0.14$0.19$0.33$83.17$87.33
$86.50$83.00Jul 24$0.23$0.13$0.36$82.64$86.86
$87.50$84.00Jul 24$0.10$0.30$0.40$83.60$87.90
$86.50$83.50Jul 24$0.23$0.19$0.42$83.08$86.92
$87.00$84.00Jul 24$0.14$0.30$0.44$83.56$87.44

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 132 found (best R:R 6.69, avg credit $0.51)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
80/8182/83Aug 21$0.87$0.136.69$80.13$82.87
81/8283/84Aug 21$0.86$0.146.14$81.14$83.86
85/8687/88Aug 21$0.84$0.165.25$85.16$87.84
83/8485/86Aug 21$0.82$0.184.56$83.18$85.82
86/8788/89Aug 21$0.82$0.184.56$86.18$88.82
82/8384/86Aug 28$1.22$0.284.36$81.78$85.22
86/8788/89Aug 14$0.81$0.194.26$86.19$88.81
83/8484/85Jul 31$0.40$0.104.00$83.10$84.90
84/8486/86Jul 31$0.40$0.104.00$84.10$85.90
80/8183/84Aug 21$0.80$0.204.00$80.20$83.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 47 found (best R:R 19.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$74.00$75.00$76.00Jul 17$0.05$0.9519.00
$87.00$88.00$89.00Aug 14$0.05$0.9519.00
$89.00$90.00$91.00Aug 21$0.05$0.9519.00
$88.00$89.00$90.00Aug 14$0.06$0.9415.67
$79.00$80.00$81.00Aug 21$0.06$0.9415.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$80.00$81.00$82.00Aug 21$0.06$0.9415.67
$83.00$84.00$85.00Aug 21$0.06$0.9415.67
$85.00$86.00$87.00Aug 21$0.07$0.9313.29
$83.00$84.00$85.00Aug 28$0.09$0.9110.11
$83.00$83.50$84.00Aug 14$0.05$0.459.00

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 $-0.01, 86 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$92.00$95.001:2Jul 31$0.00$3.00
$81.00$83.501:2Aug 14-$0.41$2.09
$90.00$91.001:2Jul 31$0.00$1.00
$91.00$92.001:2Jul 31-$0.05$0.95
$89.00$90.001:2Aug 14-$0.05$0.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$78.00$74.001:2Jul 31-$0.01$3.99
$79.00$75.001:2Jul 24-$0.02$3.98
$72.00$70.001:2Jul 17-$0.01$1.99
$83.00$81.501:2Aug 28-$0.13$1.37
$88.00$86.001:2Aug 28-$0.84$1.16

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 43 found (best yield 1.88%, avg 0.59%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$85.50Aug 28$1.600.470.5%1.88%2.37%101
$86.00Aug 28$1.370.431.1%1.61%2.69%35
$86.00Aug 21$1.280.431.1%1.50%2.59%1281.5K
$85.50Aug 14$1.210.460.5%1.42%1.92%--1.4K
$85.50Aug 7$1.010.450.5%1.19%1.68%2751
$87.00Aug 28$1.000.362.3%1.18%3.43%110
$86.00Aug 14$0.980.411.1%1.15%2.23%261
$87.00Aug 21$0.900.342.3%1.06%3.31%341.5K
$85.50Jul 31$0.840.440.5%0.99%1.48%84115
$86.00Aug 7$0.840.391.1%0.99%2.07%8842

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 12,786
Total Puts 17,618
Put/Call Ratio 1.38
Net Difference -4,832

Prior's Put/Call Breakdown

Total Calls 6,299
Total Puts 7,894
Put/Call Ratio 1.25
Net Difference -1,595

Prior 7-Day Put/Call Summary

Total Calls 60,564
Total Puts 30,920
Average Put/Call Ratio 0.88
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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