45 DTE – Best Options Report for 2023/7/19



Best Options Report Expiring {{ expiration_date }}


Here is your daily options report for options expiring on 2023-08-25. If you need help, join the discussion on where we can answer questions and support.

Summary Table


These trades are the best result from each of the following tables.

Filter Stock/C/P Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
Efficient TSLA/315/280 $13.42 $14.98 0.89 0.95 0.5 2.08 98.9
Most Premium BUD/62/55 $0.88 $0.75 1.38 1.24 0.0 0.68 84.8
Bullish UPST/61/54 $8.12 $7.78 1.26 1.08 19.0 3.12 96.2
Cheap Calls DOCU/58/51 $1.2 $1.54 0.62 0.6 49.0 2.22 85.0
Expensive Calls VXX/25/22 $1.06 $1.48 1.09 1.34 0.0 -2.14 94.3
Expensive Puts BUD/62/55 $0.88 $0.75 1.38 1.24 0.0 0.68 84.8
Bearish TZA/24/20 $0.48 $1.1 0.81 0.85 0.0 -3.34 87.5
Cheap Puts DOCU/58/51 $1.2 $1.54 0.62 0.6 49.0 2.22 85.0
Earnings STX/65/58 $1.64 $1.8 1.07 1.07 0.5 1.19 77.2

Most Bearish


These stocks and put options are the most directionaly bearish. Fade the recent bearish action by selling high premium puts or join the trend with puts with low “Put Pricing.”

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
TZA/24/20 -32.34 $0.48 $1.1 0.81 0.85 0.0 -3.34 87.5
VXX/25/22 -31.68 $1.06 $1.48 1.09 1.34 0.0 -2.14 94.3
KOLD/64/57 -16.47 $6.65 $6.4 0.86 0.74 0.0 -0.56 79.5
STNG/45/40 -10.22 $1.45 $1.55 1.09 1.07 7.0 0.61 86.7
BBWI/38/34 -7.45 $1.38 $1.4 0.97 0.9 27.0 1.53 87.4
CSIQ/40/35 -6.79 $1.3 $1.65 1.05 0.94 0.0 1.3 71.7
OKTA/77/69 -6.65 $2.44 $2.33 0.77 0.7 41.0 1.99 79.9

Most Bullish


These stocks and call options are the most directionally bullish. Fade the recent bullish action by selling high premium calls or join the trend with calls with low “Call Pricing.”

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
UPST/61/54 78.72 $8.12 $7.78 1.26 1.08 19.0 3.12 96.2
COIN/116/104 72.62 $11.38 $11.1 0.99 0.9 15.0 3.07 91.7
RIVN/27/24 59.88 $1.95 $2.2 1.09 1.05 20.0 -0.2 86.5
OSTK/35/31 48.72 $1.95 $2.08 1.03 1.07 7.0 2.24 88.8
MSTR/485/435 48.47 $34.88 $32.38 0.88 0.83 12.0 3.05 92.4
U/52/46 40.82 $3.03 $3.42 0.83 0.79 14.0 2.76 83.3
RH/395/355 36.06 $9.8 $10.7 0.86 0.86 49.0 1.66 74.8

Cheap Calls


These call options offer the lowest ratio of implied volatility (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move up less than it has moved up in the past. Buy these calls.

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
DOCU/58/51 2.71 $1.2 $1.54 0.62 0.6 49.0 2.22 85.0
SSO/65/58 13.86 $0.73 $0.48 0.82 0.61 0.0 2.0 73.9
FUTU/50/45 19.8 $2.24 $2.03 0.76 0.64 40.0 1.58 78.7
TROW/127/114 12.78 $1.27 $1.42 0.66 0.64 7.0 1.42 73.6
TFC/37/33 11.28 $0.95 $0.55 0.85 0.64 1.0 0.99 71.3
ACN/340/305 7.44 $2.3 $2.25 0.76 0.65 71.0 1.13 80.2
SPXL/105/92 21.18 $2.22 $1.4 0.76 0.66 0.0 2.99 87.2

Cheap Puts


These put options offer the lowest ratio of put implied volatility (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move down less than it has moved down in the past. Buy these puts.

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
DOCU/58/51 2.71 $1.2 $1.54 0.62 0.6 49.0 2.22 85.0
SIG/76/68 12.68 $1.72 $1.95 0.66 0.75 42.0 1.44 73.8
TROW/127/114 12.78 $1.27 $1.42 0.66 0.64 7.0 1.42 73.6
MDB/455/405 26.88 $18.32 $17.35 0.69 0.73 41.0 2.35 84.7
KMX/91/81 14.78 $1.38 $1.95 0.73 0.73 71.0 1.38 78.1
FUTU/50/45 19.8 $2.24 $2.03 0.76 0.64 40.0 1.58 78.7
ACN/340/305 7.44 $2.3 $2.25 0.76 0.65 71.0 1.13 80.2

Expensive Puts


These put options offer the highest ratio of bearish premium paid (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move down significantly more than it has moved down in the past. Sell these puts.

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
BUD/62/55 3.05 $0.88 $0.75 1.38 1.24 0.0 0.68 84.8
MCD/310/280 0.94 $1.64 $1.25 1.38 1.09 5.0 0.59 86.4
IBM/143/129 3.28 $1.56 $1.12 1.38 1.1 0.5 0.57 72.9
TMUS/147/132 2.94 $1.81 $2.06 1.37 1.18 6.0 0.66 85.3
WMT/165/145 0.46 $0.99 $0.55 1.31 1.01 29.0 0.45 90.7
ABBV/145/130 -0.64 $1.78 $1.58 1.28 1.23 8.0 0.39 79.5
SBUX/107/96 0.93 $1.64 $1.33 1.28 1.07 13.0 1.03 93.5

Expensive Calls


These call options offer the highest ratio of call implied volatility (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move up significantly more than it has moved up in the past. Sell these calls.

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
VXX/25/22 -31.68 $1.06 $1.48 1.09 1.34 0.0 -2.14 94.3
BUD/62/55 3.05 $0.88 $0.75 1.38 1.24 0.0 0.68 84.8
SPOT/190/170 22.47 $6.15 $7.75 1.22 1.24 6.0 1.62 79.7
ABBV/145/130 -0.64 $1.78 $1.58 1.28 1.23 8.0 0.39 79.5
TDOC/28/24 10.05 $1.33 $1.55 1.22 1.22 6.0 2.4 94.8
MELI/1290/1160 0.72 $48.45 $55.15 1.22 1.19 13.0 2.36 86.5
ROKU/82/73 26.78 $4.75 $6.1 1.13 1.19 7.0 2.36 96.3

Highest Premium


These options offer the highest ratio of implied volatility (IV) relative to historical volatility (HV). These options are priced to move more than they have moved in the past. Sell iron condors on these as they may be over priced.

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
BUD/62/55 3.05 $0.88 $0.75 1.38 1.24 0.0 0.68 84.8
TMUS/147/132 2.94 $1.81 $2.06 1.37 1.18 6.0 0.66 85.3
ABBV/145/130 -0.64 $1.78 $1.58 1.28 1.23 8.0 0.39 79.5
MCD/310/280 0.94 $1.64 $1.25 1.38 1.09 5.0 0.59 86.4
IBM/143/129 3.28 $1.56 $1.12 1.38 1.1 0.5 0.57 72.9
SPOT/190/170 22.47 $6.15 $7.75 1.22 1.24 6.0 1.62 79.7
TDOC/28/24 10.05 $1.33 $1.55 1.22 1.22 6.0 2.4 94.8

Most Efficient


These stocks have the best liquidity. This means that they offer the least slippage, tightest spreads and the cheapest cost of a round trip trade. Best for short term trades.

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
TSLA/315/280 31.99 $13.42 $14.98 0.89 0.95 0.5 2.08 98.9
QQQ/406/367 11.93 $2.54 $2.62 0.9 0.76 0.0 1.3 98.8
AMZN/142/128 12.31 $3.48 $4.22 1.06 1.04 7.0 1.56 98.7
NVDA/500/445 22.64 $20.72 $24.88 0.99 1.04 35.0 2.21 98.7
META/330/295 19.91 $10.5 $12.98 1.07 1.05 6.0 1.0 98.5
GOOG/131/118 2.72 $2.17 $2.96 0.94 0.94 5.0 1.29 98.2
GOOGL/131/117 3.97 $1.88 $2.98 0.92 1.01 5.0 1.3 98.1

Upcoming Earnings


These stocks have earnings approaching and their premiums are usually elevated as a result. These are high risk high reward option plays where you can buy (long options) or sell (short options) the expected move.

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
STX/65/58 0.29 $1.64 $1.8 1.07 1.07 0.5 1.19 77.2
IBM/143/129 3.28 $1.56 $1.12 1.38 1.1 0.5 0.57 72.9
TSLA/315/280 31.99 $13.42 $14.98 0.89 0.95 0.5 2.08 98.9
COF/123/111 11.4 $2.72 $2.17 0.87 0.79 0.5 1.25 89.7
UNP/225/200 7.72 $1.65 $1.88 1.01 0.81 0.5 0.64 72.5
FCX/42/37 8.33 $0.73 $1.14 0.96 1.01 0.5 1.35 84.2
NFLX/500/450 21.92 $14.95 $20.75 1.13 1.18 0.5 1.61 97.7

Methodology:


  • Historical Move vs. Implied Move: We compare the historical volatility of the underlying asset to its current implied volatility to determine the Call or Put Premium associated with the pricing of options.
  • Directional Bias: Ranges from -100 (bearish) to +100 (bullish) and accounts for RSI, price trend, moving averages, and put/call skew over the past 6 weeks.
  • Call/Put Premium: Values below one mean options are “cheaper” than they should be relative to Historical Volatility, while values above one mean options are more “expensive” than they should be.
  • Efficiency: Represents bid/ask spreads and depth of the order book relative to option price. Lower numbers are less efficient than higher numbers.
  • E.R.: Days until next Earnings Release.
  • Why isn’t my stock on this list? It may not have “weeklies”, may be “too cheap”, or the options markets may be too illiquid. Only the top results of 480 underlyings that pass the criteria for each filter are included in this report.

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