Tour v366
XLY
State Street CnsmrDiscSelSectSPDRETF
$114.61 -0.72%
7/20 18:05

Option Volume

Detail
Current (07/20) 45,078
Calls: 3,379 (7%)
Puts: 41,699 (93%)
Prior (07/17) 7,628
Calls: 3,873 (51%)
Puts: 3,755 (49%)
Current vs Prior +490.95%
Calls: -12.75% (Calls)
Puts: +1010.49% (Puts)
Prior 7-Day Total 181,295
Calls: 17,800 (10%)
Puts: 163,495 (90%)
Prior 7-Day Average 25,899
Calls: 2,542 (10%)
Puts: 23,356 (90%)
Current vs Prior 7-Day Avg +74.05%
Calls: +32.88%
Puts: +78.53%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/20) $14.54M
Calls: $1.04M (7%)
Puts: $13.50M (93%)
Prior (07/17) $1.41M
Calls: $813.4K (58%)
Puts: $592.1K (42%)
Current vs Prior +934.53%
Calls: +27.89%
Puts: +2180.09%
Prior 7-Day Total $53.60M
Calls: $4.50M (8%)
Puts: $49.10M (92%)
Prior 7-Day Average $7.66M
Calls: $642.3K (8%)
Puts: $7.01M (92%)
Current vs Prior 7-Day Avg +89.90%
Calls: +61.97%
Puts: +92.46%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/20) 12.34
Prior (07/17) 0.97
Current vs Prior +1172.84%
Prior 7-Day Average 3.73
Current vs Prior 7-Day Avg +230.51%
Sentiment BEARISH

Open Interest

Detail
Current (07/20) 509,317
Calls: 111,804 (22%)
Puts: 397,513 (78%)
Prior (07/17) 554,842
Calls: 131,310 (24%)
Puts: 423,532 (76%)
Current vs Prior -8.21%
Prior 7-Day Total 2,794,423
Calls: 709,758 (25%)
Puts: 2,084,665 (75%)
Prior 7-Day Average 399,203
Calls: 101,394 (25%)
Puts: 297,809 (75%)
Current vs Prior 7-Day Avg +27.58%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 4.19% | 5.35%6.06% | 6.16%
Prior 3.85% | 4.33%2.52% | 5.86%
Current vs Prior +8.65% | +23.49%+140.56% | +5.19%
Prior 7-Day Avg 3.15% | 3.93%2.84% | 6.09%
Current vs 7-Day Avg +32.75% | +36.08%+113.75% | +1.20%
Prior 7-Day Eod 3.85% | 4.33%2.52% | 5.86%
Current vs 7-Day Eod +8.65% | +23.49%+140.56% | +5.19%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 19.40% | 14.57%
Calls: 18.80% | 12.32%
Puts: 20.00% | 16.83%
Prior 193.59% | 18.68%
Calls: 53.85% | 16.67%
Puts: 333.33% | 20.69%
Current vs Prior -89.98% | -22.00%
Prior 7-Day Avg 58.34% | 24.09%
Calls: 31.42% | 18.67%
Puts: 85.26% | 29.50%
Current vs 7-Day Avg -66.75% | -39.51%
Liquidity Expensive
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🤖 AI Insights

Strong bearish conviction with 93% of dollar volume in puts ($13.50M) vs calls ($1.04M). Massive premium surge with dollar volume up 935% vs prior. Dollar volume significantly above 7-day average (90% higher). Unusually high activity with volume up 491% vs prior - elevated interest.

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 BEARISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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. 49 found (avg delta 0.71, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$100.00Aug 2113.6018.60$16.1031.1%--1.0010
$95.00Aug 2119.8022.10$20.9511.0%30.957
$102.00Jul 2410.3015.30$12.8039.1%530.953
$104.00Jul 248.6013.40$11.0043.6%40.94--
$105.00Jul 247.5012.30$9.9048.5%100.93--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$118.00Jul 240.955.80$3.38143.5%--1.0018
$123.00Jul 245.3010.10$7.7062.3%41.002
$124.00Jul 246.3011.10$8.7055.2%21.002
$122.50Jul 244.809.60$7.2066.7%20.94--
$130.00Jul 3112.3017.30$14.8033.8%20.90--

Most actively traded options today. High liquidity = easy entry/exit. 119 active (total vol 2.2K, top 542)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$118.00Aug 210.052.40$1.22192.6%2330.29282
$115.00Jul 310.255.10$2.68181.0%1970.5021
$125.00Aug 210.150.30$0.2268.2%1620.071.2K
$123.00Aug 210.405.00$2.70170.4%1350.302.3K
$101.00Jul 2411.1016.10$13.6036.8%530.884
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$108.00Aug 210.002.00$1.00200.0%5420.2172
$110.00Aug 140.004.80$2.40200.0%680.32--
$110.00Aug 210.505.00$2.75163.6%490.35145
$112.00Jul 240.000.70$0.35200.0%290.18126
$113.00Jul 240.001.10$0.55200.0%280.2613

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 35 strikes (avg 134.0%, max 488.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$100.00Jul 24Aug 21175.3%29.8%488.6%213
$122.00Jul 24Aug 21102.8%22.6%354.3%10767
$115.00Jul 24Aug 2853.5%15.8%238.0%4516
$114.00Jul 31Aug 2134.7%12.9%167.7%725
$120.50Jul 24Aug 2192.6%36.8%152.0%3095
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$100.00Jul 24Aug 21175.3%29.8%488.6%--26
$111.00Jul 24Aug 2190.2%21.0%329.8%81.8K
$108.00Jul 24Aug 28114.5%35.5%222.6%415
$114.00Jul 24Aug 2139.1%12.9%201.8%10501
$109.00Jul 24Aug 21106.5%37.4%184.9%1446

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 23 found (best R:R 39.00, avg 5.22)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$115.50$121.50Aug 14$0.15$5.85$0.1539.00$115.65
$115.00$116.00Jul 31$0.20$0.80$0.204.00$115.20
$119.00$120.00Aug 21$0.25$0.75$0.253.00$119.25
$118.00$120.00Jul 31$0.60$1.40$0.602.33$118.60
$124.00$125.00Aug 21$0.38$0.62$0.381.63$124.38
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$109.00$106.00Aug 7$0.15$2.85$0.1519.00$108.85
$104.00$100.00Aug 21$0.27$3.73$0.2713.81$103.73
$110.00$108.00Aug 14$0.25$1.75$0.257.00$109.75
$107.00$106.00Jul 31$0.15$0.85$0.155.67$106.85
$117.50$110.00Aug 14$1.18$6.32$1.185.36$116.32

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 39 found (best R:R 39.00, avg 4.20)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$100.00$108.00Jul 31$7.80$7.80$0.2039.00$107.80
$95.00$100.00Aug 21$4.85$4.85$0.1532.33$99.85
$100.00$114.00Aug 21$13.32$13.32$0.6819.59$113.32
$108.00$113.00Jul 31$4.22$4.22$0.785.41$112.22
$101.00$102.00Jul 24$0.80$0.80$0.204.00$101.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$129.00$118.50Jul 31$9.62$9.62$0.8810.93$119.38
$122.50$118.00Jul 24$3.82$3.82$0.685.62$118.68
$111.50$111.00Jul 31$0.40$0.40$0.104.00$111.10
$116.00$115.50Jul 31$0.40$0.40$0.104.00$115.60
$117.50$117.00Aug 7$0.40$0.40$0.104.00$117.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 26 found (avg debit $0.88, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$114.00Jul 31Aug 21$0.2334.7%12.9%
$120.00Jul 24Jul 31$0.2528.7%25.3%
$108.00Jul 24Jul 31$0.30114.5%59.8%
$118.00Jul 24Jul 31$0.6226.7%28.4%
$114.50Jul 24Jul 31$0.8858.6%31.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$112.50Jul 24Jul 31$0.0877.3%44.2%
$113.00Jul 24Jul 31$0.1530.0%17.7%
$106.00Jul 31Aug 7$0.1573.0%63.0%
$112.00Jul 24Jul 31$0.1830.7%19.2%
$117.50Jul 31Aug 7$0.2045.3%32.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 31 found (cheapest 2.18% of stock, avg 6.16%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$117.00Jul 24$0.90$1.60$2.50$114.50$119.502.18%
$115.00Jul 24$1.33$2.40$3.73$111.27$118.733.25%
$118.00Jul 24$0.38$3.38$3.76$114.24$121.763.28%
$113.00Jul 31$3.08$0.70$3.78$109.22$116.783.30%
$114.00Aug 21$2.78$1.88$4.66$109.34$118.664.07%
$114.50Jul 24$2.40$2.40$4.80$109.70$119.304.19%
$116.00Jul 24$2.48$2.40$4.88$111.12$120.884.26%
$115.50Jul 24$2.40$2.53$4.93$110.57$120.434.30%
$114.00Jul 31$2.55$2.40$4.95$109.05$118.954.32%
$118.00Jul 31$1.00$3.98$4.98$113.02$122.984.35%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 100 found (cheapest 1.89% of stock, avg 4.16%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$117.00$114.00Jul 24$0.90$1.27$2.17$111.83$119.17
$121.50$107.00Aug 14$2.25$0.45$2.70$104.30$124.20
$115.50$107.00Aug 14$2.40$0.45$2.85$104.15$118.35
$121.50$105.00Aug 14$2.25$0.80$3.05$101.95$124.55
$115.50$105.00Aug 14$2.40$0.80$3.20$101.80$118.70
$117.00$115.00Jul 24$0.90$2.40$3.30$111.70$120.30
$117.00$114.50Jul 24$0.90$2.40$3.30$111.20$120.30
$117.00$112.50Jul 24$0.90$2.40$3.30$109.20$120.30
$117.00$113.50Jul 24$0.90$2.48$3.38$110.12$120.38
$116.50$114.00Jul 24$2.40$1.27$3.67$110.33$120.17

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 32 found (best R:R 9.00, avg credit $1.19)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
118/120124/125Aug 21$1.80$0.209.00$118.20$125.80
106/107108/113Jul 31$4.37$0.636.94$102.63$112.37
106/107121/122Jul 31$0.87$0.136.69$106.13$121.87
110/111118/120Jul 31$1.70$0.305.67$109.30$119.70
104/105116/117Aug 21$0.85$0.155.67$104.15$116.85
104/105124/125Aug 21$0.83$0.174.88$104.17$124.83
112/113116/117Aug 21$0.80$0.204.00$112.20$116.80
112/113124/125Aug 21$0.78$0.223.55$112.22$124.78
106/107114/115Jul 31$0.75$0.253.00$106.25$115.25
104/105119/120Aug 21$0.70$0.302.33$104.30$119.70

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 9 found (best R:R 13.29, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$114.00$115.00$116.00Aug 21$0.07$0.9313.29
$105.00$106.00$107.00Jul 24$0.10$0.909.00
$115.00$116.00$117.00Jul 31$0.12$0.887.33
$104.00$105.00$106.00Jul 24$0.20$0.804.00
$124.00$125.00$126.00Aug 21$0.61$0.390.64
PUTS (3)
LowMidHighExpiryDebitMax GainR:R
$103.00$105.00$107.00Jul 24$0.18$1.8210.11
$114.50$115.00$115.50Jul 24$0.13$0.372.85
$107.00$108.00$109.00Jul 31$0.80$0.200.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 40 found (best net $-1.22, 23 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$108.00$113.501:2Jul 24-$0.76$4.74
$115.50$121.501:2Aug 14-$2.10$3.90
$117.50$119.001:2Aug 7-$0.32$1.18
$119.00$120.001:2Jul 24-$0.15$0.85
$125.00$126.001:2Aug 21-$0.68$0.32
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$117.50$110.001:2Aug 14-$1.22$6.28
$104.00$100.001:2Aug 21-$0.03$3.97
$117.00$112.001:2Aug 7-$1.48$3.52
$105.00$100.001:2Aug 14-$2.40$2.60
$108.00$105.001:2Aug 21-$1.04$1.96

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 11 found (best yield 2.88%, avg 0.70%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$115.00Aug 28$3.300.510.3%2.88%3.22%104
$116.00Aug 21$1.400.451.2%1.22%2.43%2014
$117.00Aug 21$1.000.422.1%0.87%2.96%22329
$115.00Aug 21$0.850.470.3%0.74%1.08%125
$120.00Aug 21$0.600.314.7%0.52%5.23%30796
$117.50Aug 7$0.450.452.5%0.39%2.91%11
$123.00Aug 21$0.400.307.3%0.35%7.67%1352.3K
$115.00Jul 31$0.250.500.3%0.22%0.56%19721
$124.00Aug 21$0.250.148.2%0.22%8.41%4147
$125.00Aug 21$0.150.079.1%0.13%9.20%1621.2K

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 3,379
Total Puts 41,699
Put/Call Ratio 12.34
Net Difference -38,320

Prior's Put/Call Breakdown

Total Calls 3,873
Total Puts 3,755
Put/Call Ratio 0.97
Net Difference 118

Prior 7-Day Put/Call Summary

Total Calls 17,800
Total Puts 163,495
Average Put/Call Ratio 3.73
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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