Tour v366
XLV
State StreetHlthCrSelSectSPDRETF
$159.25 -1.14%
$159.24 (-0.01%)🌙
as of 07/20 06:05 PM
7/20 18:05

Option Volume

Detail
Current (07/20) 8,739
Calls: 5,034 (58%)
Puts: 3,705 (42%)
Prior (07/17) 27,507
Calls: 18,727 (68%)
Puts: 8,780 (32%)
Current vs Prior -68.23%
Calls: -73.12% (Calls)
Puts: -57.80% (Puts)
Prior 7-Day Total 137,463
Calls: 87,359 (64%)
Puts: 50,104 (36%)
Prior 7-Day Average 19,637
Calls: 12,479 (64%)
Puts: 7,157 (36%)
Current vs Prior 7-Day Avg -55.50%
Calls: -59.66%
Puts: -48.24%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/20) $4.94M
Calls: $4.20M (85%)
Puts: $745.8K (15%)
Prior (07/17) $13.43M
Calls: $8.82M (66%)
Puts: $4.61M (34%)
Current vs Prior -63.19%
Calls: -52.42%
Puts: -83.82%
Prior 7-Day Total $41.66M
Calls: $29.25M (70%)
Puts: $12.40M (30%)
Prior 7-Day Average $5.95M
Calls: $4.18M (70%)
Puts: $1.77M (30%)
Current vs Prior 7-Day Avg -16.93%
Calls: +0.46%
Puts: -57.91%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/20) 0.74
Prior (07/17) 0.47
Current vs Prior +56.98%
Prior 7-Day Average 0.58
Current vs Prior 7-Day Avg +27.02%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/20) 547,436
Calls: 228,745 (42%)
Puts: 318,691 (58%)
Prior (07/17) 635,739
Calls: 279,143 (44%)
Puts: 356,596 (56%)
Current vs Prior -13.89%
Prior 7-Day Total 3,652,257
Calls: 1,777,750 (49%)
Puts: 1,874,507 (51%)
Prior 7-Day Average 521,751
Calls: 253,964 (49%)
Puts: 267,786 (51%)
Current vs Prior 7-Day Avg +4.92%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 3.01% | 2.98%4.32% | 5.78%
Prior 1.48% | 2.76%0.68% | 4.35%
Current vs Prior +103.16% | +7.99%+532.73% | +33.09%
Prior 7-Day Avg 2.13% | 2.75%1.98% | 4.45%
Current vs 7-Day Avg +41.75% | +8.08%+117.97% | +29.87%
Prior 7-Day Eod 1.48% | 2.76%0.68% | 4.35%
Current vs 7-Day Eod +103.16% | +7.99%+532.73% | +33.09%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 13.15% | 13.22%
Calls: 15.29% | 7.42%
Puts: 11.01% | 19.02%
Prior 112.86% | 15.94%
Calls: 145.45% | 12.50%
Puts: 80.28% | 19.38%
Current vs Prior -88.35% | -17.06%
Prior 7-Day Avg 49.19% | 15.91%
Calls: 43.25% | 13.74%
Puts: 55.13% | 18.08%
Current vs 7-Day Avg -73.27% | -16.92%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 85% of dollar volume in calls ($4.20M) vs puts ($745.8K). Light premium activity with dollar volume down 63% vs prior. Below-average activity with volume down 68% vs prior. P/C ratio rising 57% - increased hedging/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 BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
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. 80 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$135.00Jul 2422.5527.00$24.7818.0%--1.0047
$130.00Jul 3127.6532.00$29.8314.6%1020.99--
$146.00Jul 2411.8016.00$13.9030.2%20.971
$146.50Jul 2411.7015.50$13.6027.9%20.97--
$140.00Aug 2118.2022.50$20.3521.1%--0.9717
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$163.00Jul 241.316.00$3.66128.1%41.0046
$164.00Jul 242.217.00$4.61103.9%31.006
$165.00Jul 243.508.00$5.7578.3%401.00538
$172.50Jul 2410.7515.50$13.1336.2%31.00--
$172.00Jul 2410.0014.15$12.0834.4%30.91--

Most actively traded options today. High liquidity = easy entry/exit. 154 active (total vol 7.1K, top 810)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 211.001.72$1.3652.9%8100.263.2K
$168.00Aug 210.351.86$1.11136.0%6990.205.3K
$167.00Aug 210.341.87$1.11137.8%2520.211.1K
$165.00Jul 310.002.73$1.37199.3%1530.28390
$166.00Aug 210.002.04$1.02200.0%1380.21231
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$158.00Jul 240.430.71$0.5749.1%6230.2961
$155.00Aug 210.582.30$1.44119.4%4770.302.2K
$158.00Aug 210.505.00$2.75163.6%4070.452.5K
$160.00Jul 240.004.80$2.40200.0%3590.56255
$150.00Aug 210.050.85$0.45177.8%3210.12666

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 41 strikes (avg 65.7%, max 307.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$150.00Jul 24Aug 2166.7%16.4%307.0%30838
$140.00Jul 31Aug 2188.1%27.1%225.3%--45
$159.00Jul 24Aug 2141.2%18.1%128.0%9403
$175.00Jul 31Aug 2141.5%19.9%109.0%232.4K
$156.00Jul 24Aug 2839.4%19.5%102.3%--98
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$150.00Jul 24Aug 2866.7%28.4%134.5%181.9K
$159.00Jul 24Aug 2141.2%18.1%128.0%81617
$149.00Aug 14Aug 2838.0%17.3%120.1%11833
$144.00Jul 24Aug 2138.9%18.9%105.7%1142
$156.00Jul 24Aug 2839.4%19.5%102.3%3963

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 58 found (best R:R 49.00, avg 3.94)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$168.00$170.00Aug 21$0.11$1.89$0.1117.18$168.11
$172.00$175.00Jul 31$0.18$2.82$0.1815.67$172.18
$164.00$165.00Jul 31$0.16$0.84$0.165.25$164.16
$165.00$166.00Aug 14$0.19$0.81$0.194.26$165.19
$160.00$161.00Aug 7$0.20$0.80$0.204.00$160.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$135.00$130.00Aug 21$0.10$4.90$0.1049.00$134.90
$157.50$155.00Aug 14$0.18$2.32$0.1812.89$157.32
$145.00$143.00Jul 31$0.20$1.80$0.209.00$144.80
$148.00$147.00Aug 21$0.10$0.90$0.109.00$147.90
$159.00$157.50Aug 7$0.18$1.32$0.187.33$158.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 81 found (best R:R 90.67, avg 3.97)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$135.00$146.00Jul 24$10.88$10.88$0.1290.67$145.88
$130.00$135.00Jul 31$4.90$4.90$0.1049.00$134.90
$140.00$150.00Jul 31$9.42$9.42$0.5816.24$149.42
$140.00$145.00Aug 21$4.67$4.67$0.3314.15$144.67
$147.00$149.00Aug 21$1.82$1.82$0.1810.11$148.82
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$180.00$168.00Aug 21$11.44$11.44$0.5620.43$168.56
$172.00$165.00Jul 24$6.33$6.33$0.679.45$165.67
$164.00$163.00Aug 21$0.88$0.88$0.127.33$163.12
$159.00$158.00Aug 21$0.79$0.79$0.213.76$158.21
$157.00$156.00Jul 31$0.78$0.78$0.223.55$156.22

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 40 found (avg debit $1.11, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$151.00Jul 24Jul 31$0.0547.7%37.8%
$135.00Jul 24Jul 31$0.1560.3%103.2%
$163.00Jul 24Jul 31$0.5614.1%15.9%
$157.00Jul 24Jul 31$0.5715.8%34.8%
$140.00Jul 31Aug 21$0.6088.1%27.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$160.00Jul 24Jul 31$0.0819.8%21.9%
$144.00Jul 24Aug 7$0.0938.9%24.0%
$162.50Jul 31Aug 14$0.3131.6%23.5%
$163.00Jul 24Jul 31$0.4714.1%15.9%
$151.00Jul 24Jul 31$0.5747.7%37.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 69 found (cheapest 1.39% of stock, avg 5.28%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$162.00Jul 24$0.41$1.80$2.21$159.79$164.211.39%
$158.00Jul 24$2.30$0.57$2.87$155.13$160.871.80%
$157.00Jul 24$2.68$0.21$2.89$154.11$159.891.81%
$161.00Jul 24$0.66$2.88$3.54$157.46$164.542.22%
$160.00Jul 24$1.15$2.40$3.55$156.45$163.552.23%
$163.00Jul 24$0.09$3.66$3.75$159.25$166.752.35%
$159.00Jul 31$2.26$2.40$4.66$154.34$163.662.93%
$164.00Jul 24$0.09$4.61$4.70$159.30$168.702.95%
$163.00Jul 31$0.65$4.13$4.78$158.22$167.783.00%
$159.00Jul 24$2.40$2.40$4.80$154.20$163.803.01%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.19% of stock, avg 2.66%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$163.00$157.00Jul 24$0.09$0.21$0.30$156.70$163.30
$166.00$157.00Jul 24$0.34$0.21$0.55$156.45$166.55
$162.00$157.00Jul 24$0.41$0.21$0.62$156.38$162.62
$163.00$158.00Jul 24$0.09$0.57$0.66$157.34$163.66
$161.00$157.00Jul 24$0.66$0.21$0.87$156.13$161.87
$166.00$158.00Jul 24$0.34$0.57$0.91$157.09$166.91
$162.00$158.00Jul 24$0.41$0.57$0.98$157.02$162.98
$163.00$150.00Jul 24$0.09$1.07$1.16$148.84$164.16
$161.00$158.00Jul 24$0.66$0.57$1.23$156.77$162.23
$163.00$156.00Jul 24$0.09$1.15$1.24$154.76$164.24

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 77 found (best R:R 68.23, avg credit $1.30)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
148/149150/159Aug 14$8.87$0.1368.23$140.13$158.87
130/135140/145Aug 21$4.77$0.2320.74$130.23$144.77
147/148150/152Aug 21$1.88$0.1215.67$146.12$151.88
149/150156/160Aug 28$3.76$0.2415.67$146.24$159.76
152/154160/161Aug 14$1.35$0.159.00$152.65$161.35
158/159166/167Aug 7$1.34$0.168.38$157.66$167.34
155/156159/160Aug 7$0.88$0.127.33$155.12$159.88
156/157161/162Aug 28$0.87$0.136.69$156.13$161.87
143/145151/152Jul 31$1.72$0.286.14$143.28$152.72
148/150166/167Aug 7$1.69$0.315.45$148.31$167.69

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 44 found (best R:R 37.46, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$154.00$155.00$156.00Jul 31$0.05$0.9519.00
$135.00$140.00$145.00Aug 21$0.43$4.5710.63
$159.00$160.00$161.00Aug 7$0.13$0.876.69
$164.00$165.00$166.00Jul 24$0.17$0.834.88
$145.00$147.00$149.00Aug 21$0.41$1.593.88
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$130.00$135.00$140.00Jul 24$0.13$4.8737.46
$155.00$156.00$157.00Aug 28$0.07$0.9313.29
$154.00$155.00$156.00Aug 28$0.08$0.9211.50
$163.00$164.00$165.00Aug 21$0.09$0.9110.11
$157.00$157.50$158.00Jul 31$0.08$0.425.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 68 found (best net $-0.91, 42 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$140.00$150.001:2Jul 31-$0.91$9.09
$135.00$146.001:2Jul 24-$3.02$7.98
$172.00$175.001:2Jul 31-$0.42$2.58
$156.00$160.001:2Aug 28-$1.61$2.39
$156.00$159.001:2Aug 7-$0.84$2.16
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$140.00$135.001:2Jul 24-$0.01$4.99
$135.00$130.001:2Jul 24-$0.27$4.73
$135.00$130.001:2Aug 21-$2.30$2.70
$154.00$151.001:2Jul 24-$0.91$2.09
$142.00$140.001:2Jul 24-$0.01$1.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 17 found (best yield 1.10%, avg 0.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$160.00Aug 14$1.750.470.5%1.10%1.57%232
$162.00Aug 21$1.650.371.7%1.04%2.76%92458
$160.00Aug 28$1.360.490.5%0.85%1.32%1226
$164.00Aug 21$1.020.323.0%0.64%3.62%15696
$165.00Aug 21$1.000.263.6%0.63%4.24%8103.2K
$162.00Aug 14$0.950.401.7%0.60%2.32%988
$160.00Aug 21$0.750.460.5%0.47%0.94%581.9K
$161.00Aug 21$0.750.401.1%0.47%1.57%7336
$161.00Aug 28$0.700.451.1%0.44%1.54%225
$163.00Aug 21$0.420.332.4%0.26%2.62%24330

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 5,034
Total Puts 3,705
Put/Call Ratio 0.74
Net Difference 1,329

Prior's Put/Call Breakdown

Total Calls 18,727
Total Puts 8,780
Put/Call Ratio 0.47
Net Difference 9,947

Prior 7-Day Put/Call Summary

Total Calls 87,359
Total Puts 50,104
Average Put/Call Ratio 0.58
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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