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Wednesday, August 12

VOO options

VOO$709.80delayed
Balanced

ATM IV· 2d

11.8%

Exp. move ±1σ

±$6.19

Max pain

$692.50

P/C ratio (OI)· whole chain

0.71

Skew

Downside (puts bid)

Dealer GEX· positive · pinning

$39.8M

13 expiries · 2852 contracts
Smile / skew· Aug 14 '26free CBOE chain · delayed ~15m
Chain · Aug 14 '26Calls / Puts
OIVolIVΔBidAskStrikeBidAskΔIVVolOI
38119%0.9827.3030.40$6800.000.30-0.0224%213242
2200.9824.7027.60$682.500.000.95-0.0227%094
5230.9722.4025.10$6850.000.40-0.0321%202216
27018%0.9620.0022.90$687.500.000.85-0.0423%012
331218%0.9517.6020.50$6900.100.25-0.0517%1082
311016%0.9315.1018.00$692.500.050.50-0.0717%0233
29820315%0.9112.7015.50$6950.150.55-0.0915%205287
71113%0.8810.3013.10$697.500.400.70-0.1315%204215
19620114%0.838.1011.20$7000.551.00-0.1714%47305
14820114%0.776.009.00$702.500.901.60-0.2414%1390
471512%0.684.206.40$7051.652.40-0.3314%2785
34341612%0.573.604.20$707.502.353.40-0.4413%6356
26827211%0.441.652.75$7103.404.60-0.5713%4752
30623411%0.310.851.80$712.505.007.70-0.7013%332
3122912%0.210.051.25$7156.309.20-0.8115%1010
1646712%0.130.300.65$717.508.6011.30-0.8916%78
37713212%0.080.200.35$72010.8013.30-0.9416%031
33911612%0.050.000.45$722.5013.2015.70-0.9717%00
31123613%0.030.050.15$72515.1018.20-0.9915%00
4020%0.020.000.95$727.5017.6020.70-0.9916%20
48614%0.020.000.05$73020.1023.20-1.0018%00
5017%0.010.000.15$732.5022.6025.70-1.0020%10
217020%0.010.000.20$73525.4028.20-1.0025%00
0027%0.010.000.75$737.5027.5030.70-1.0000
122119%0.000.000.05$74030.1033.20-1.0024%00

Shaded row is nearest spot.

Strategy builderAug 14 '26 · 2d

Your view

Risk appetite

Bull call spread · safetyestimates · market-implied (lognormal)
$711.55$709.80
Value nowsolid = expiry

P&L distribution at expiry

Probability of profit39%
Expected value+$25.75
Chance of losing61%
Max loss−$155.00
Capital at risk$155.00
Net debit$155.00
Breakeven cushion0.2% from spot

Net Δ

23

Γ

1.4

Θ / day

−$18.13

Vega

$6.49

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