NFLX 8/21 76/79 Call Debit Spreadopen
The spread remains open through Aug 21, 2026; no expiration result is assigned.
OpenRFDELTA Daily Market Intelligence
Top Option Trades
Daily market edition
No defined-risk option setup cleared the publication gate
The screen found quoted verticals, but none met the combined liquidity, risk and ranking threshold required for publication.
A blank board is information. It means the price of optionality, the available liquidity and the directional signal did not line up cleanly enough to justify turning motion into a recommendation.
The next edition will rerun the same universe and rules after the next valid market session. The methodology does not fill empty slots with weaker trades.
Top score0.00
Avg. probability0.0%
Basket max risk$0
Data as ofAug 12, 11:40 AM EDT
Ranked opportunity set
What leads the board
Every score combines four payoff views, conservative expected value, liquidity, session follow-through and multi-session alignment.
No spread reached the publication threshold today. The full candidate screen remains part of the retained daily record.
Payoff discipline
Risk is known before the trade
Maximum loss and maximum profit are shown for one vertical spread using conservative entry prices.
There is no recommended spread risk on the board for this session.
Detailed trade intelligence
No qualifying trade today
None of today's defined-risk spreads offered enough probability margin and conservative expected value at executable prices.
Accountability ledger
Every prior basket, one expanding record
Open positions remain visible beside completed baskets, preserving the original trade terms and the final modeled expiration result for each published day.
August 10, 2026Daily market editionopen0 resolved / 1 open$0
The Aug 10, 2026 basket has no scored expiration result yet. 1 position remains open.
0 wins0 near breakeven0 losses1 still open
July 31, 2026Daily market editionopen0 resolved / 1 open$0
The Jul 31, 2026 basket has no scored expiration result yet. 1 position remains open.
0 wins0 near breakeven0 losses1 still open
NFLX 8/14 71/67 Put Debit Spreadopen
The spread remains open through Aug 14, 2026; no expiration result is assigned.
OpenJuly 29, 2026Daily market editioncomplete1 resolved / 0 open-$204
The Jul 29, 2026 basket has 0 wins, 0 near-breakeven results and 1 loss across 1 resolved spread, for modeled one-lot expiration P/L of -$204.00. All listed positions are resolved.
0 wins0 near breakeven1 losses0 still open
SPY 8/11 735/730 Put Debit Spreadloss
SPY closed at $770.56 for expiration settlement, producing -$204.00 on the one-lot spread.
-$204July 21, 2026Daily market editioncomplete1 resolved / 0 open$59
The Jul 21, 2026 basket has 1 win, 0 near-breakeven results and 0 losses across 1 resolved spread, for modeled one-lot expiration P/L of $59.00. All listed positions are resolved.
1 wins0 near breakeven0 losses0 still open
TLT 8/3 83/84 Call Credit Spreadwin
TLT closed at $82.19 for expiration settlement, producing $59.00 on the one-lot spread.
$59July 17, 2026Daily market editioncomplete1 resolved / 0 open$256
The Jul 17, 2026 basket has 1 win, 0 near-breakeven results and 0 losses across 1 resolved spread, for modeled one-lot expiration P/L of $256.00. All listed positions are resolved.
1 wins0 near breakeven0 losses0 still open
QQQ 7/30 700/705 Call Credit Spreadwin
QQQ closed at $683.55 for expiration settlement, producing $256.00 on the one-lot spread.
$256July 16, 2026Daily market editioncomplete2 resolved / 0 open$262
The Jul 16, 2026 basket has 2 wins, 0 near-breakeven results and 0 losses across 2 resolved spreads, for modeled one-lot expiration P/L of $262.00. All listed positions are resolved.
2 wins0 near breakeven0 losses0 still open
TLT 7/29 80.5/84 Call Credit Spreadwin
TLT closed at $82.85 for expiration settlement, producing $70.00 on the one-lot spread.
$70IWM 7/29 292/295 Call Credit Spreadwin
IWM closed at $288.57 for expiration settlement, producing $192.00 on the one-lot spread.
$192July 14, 2026Daily market editioncomplete5 resolved / 0 open-$8
The Jul 14, 2026 basket has 2 wins, 0 near-breakeven results and 3 losses across 5 resolved spreads, for modeled one-lot expiration P/L of -$8.00. All listed positions are resolved.
2 wins0 near breakeven3 losses0 still open
TLT 7/27 84/82 Put Debit Spreadloss
TLT closed at $83.75 for expiration settlement, producing -$18.00 on the one-lot spread.
-$18BAC 7/31 60/59 Put Credit Spreadwin
BAC closed at $61.95 for expiration settlement, producing $27.00 on the one-lot spread.
$27C 7/31 140/142 Call Credit Spreadwin
C closed at $132.45 for expiration settlement, producing $42.00 on the one-lot spread.
$42T 7/31 21/20 Put Debit Spreadloss
T closed at $23.25 for expiration settlement, producing -$32.00 on the one-lot spread.
-$32F 7/31 14/13.5 Put Debit Spreadloss
F closed at $14.68 for expiration settlement, producing -$27.00 on the one-lot spread.
-$27July 13, 2026Daily market editioncomplete5 resolved / 0 open$645
The Jul 13, 2026 basket has 4 wins, 0 near-breakeven results and 1 loss across 5 resolved spreads, for modeled one-lot expiration P/L of $645.00. All listed positions are resolved.
4 wins0 near breakeven1 losses0 still open
BAC 7/24 59/58 Put Credit Spreadwin
BAC closed at $62.05 for expiration settlement, producing $39.00 on the one-lot spread.
$39NKE 7/24 43/42 Put Credit Spreadloss
NKE closed at $41.70 for expiration settlement, producing -$77.00 on the one-lot spread.
-$77ORCL 7/24 145/148 Call Credit Spreadwin
ORCL closed at $114.99 for expiration settlement, producing $60.00 on the one-lot spread.
$60QQQ 7/24 715/708 Put Debit Spreadwin
QQQ closed at $684.23 for expiration settlement, producing $452.00 on the one-lot spread.
$452IWM 7/24 294/291 Put Debit Spreadwin
IWM closed at $291.17 for expiration settlement, producing $171.00 on the one-lot spread.
$171Daily Market Read
The cleanest option trade today is patience
The screen evaluated 22 defined-risk spreads across 40 current option chains. None cleared the complete price, probability, liquidity and confirmation standard at the quoted terms.
A no-trade board does not mean the market is quiet. It means the available spreads asked for too much risk, offered too little probability margin or lacked enough follow-through to justify an entry at the displayed bid and ask.
The important distinction is between an interesting ticker and an executable spread. Today produced candidates worth monitoring, but not one with enough room between its modeled probability and the payoff hurdle after conservative pricing.
That leaves the daily posture in cash rather than forcing a fifth-best idea into a portfolio. A later move can improve the setup, but it would need a fresh option-chain evaluation because both price and volatility will have changed.
The headline tape remains active, but fresh news only matters when the underlying and option market confirm it together. Today that confirmation was incomplete.
What to watch
Probability marginNo spread cleared the full hurdle
A stronger move or better option price can widen the gap between modeled probability and the break-even requirement.
Liquidity40 current chains reviewed
Tighter two-sided quotes can materially improve a vertical spread without changing the underlying thesis.
Session follow-throughDirection remains unconfirmed
A durable move through the session reference level matters more than an opening burst that fades.
VolatilityNo favorable risk-price combination
Watch whether implied volatility reprices faster than the underlying. Better structure can emerge even when direction stays unchanged.
Risk budget$0 of new one-lot maximum loss
No new exposure is preferable to accepting a spread that failed the same publication standard applied to every candidate.
Rolling comparison covers 5 retained market sessions: Aug 12, 2026, Aug 11, 2026, Aug 10, 2026, Aug 7, 2026, Aug 6, 2026. Market evidence is timestamped Aug 12, 2026, 11:40 AM EDT. RFDELTA Top Option Trades is market intelligence, not individualized investment advice. Options can expire worthless, spreads can be assigned early, and displayed quotes may move before an order can be filled.