Tour v344
SPY
State Street SPDR S&P 500 ETF Trust
$748.92 -0.78%
7/16 15:43

Option Volume

Detail
Current (07/16) 12,255,216
Calls: 5,647,491 (46%)
Puts: 6,607,725 (54%)
Prior (07/15) 12,657,453
Calls: 6,002,033 (47%)
Puts: 6,655,420 (53%)
Current vs Prior -3.18%
Calls: -5.91% (Calls)
Puts: -0.72% (Puts)
Prior 7-Day Total 70,715,997
Calls: 33,716,250 (48%)
Puts: 36,999,747 (52%)
Prior 7-Day Average 11,785,999
Calls: 4,816,607 (48%)
Puts: 5,285,678 (52%)
Current vs Prior 7-Day Avg +3.98%
Calls: +17.25%
Puts: +25.01%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/16) $1.90B
Calls: $319.56M (17%)
Puts: $1.58B (83%)
Prior (07/15) $1.17B
Calls: $777.26M (66%)
Puts: $396.54M (34%)
Current vs Prior +61.71%
Calls: -58.89%
Puts: +298.08%
Prior 7-Day Total $7.63B
Calls: $4.56B (60%)
Puts: $3.06B (40%)
Prior 7-Day Average $1.27B
Calls: $651.94M (60%)
Puts: $437.47M (40%)
Current vs Prior 7-Day Avg +49.34%
Calls: -50.98%
Puts: +260.83%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/16) 1.17
Prior (07/15) 1.11
Current vs Prior +5.52%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg +6.55%
Sentiment BEARISH

Open Interest

Detail
Current (07/16) 9,524,712
Calls: 2,518,125 (26%)
Puts: 7,006,587 (74%)
Prior (07/15) 7,302,566
Calls: 2,021,094 (28%)
Puts: 5,281,472 (72%)
Current vs Prior +30.43%
Prior 7-Day Total 50,058,558
Calls: 13,763,102 (27%)
Puts: 36,295,456 (73%)
Prior 7-Day Average 8,343,093
Calls: 2,293,850 (27%)
Puts: 6,049,242 (73%)
Current vs Prior 7-Day Avg +14.16%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/16) | Next (07/17)Expiry (07/17) | Next (07/20)Expiry (07/17) | Next (07/24)Expiry (07/16) | Next (08/21)
Current 0.24% | 0.74%0.74% | 0.97%0.74% | 1.59%0.24% | 3.64%
Prior 0.51% | 0.71%0.14% | 0.71%0.71% | 1.41%0.14% | 3.45%
Current vs Prior -53.24% | +3.61%+409.49% | +36.90%+3.61% | +12.31%+66.41% | +5.35%
Prior 7-Day Avg 0.59% | 0.81%0.29% | 0.80%0.75% | 1.53%0.85% | 3.75%
Current vs 7-Day Avg -59.46% | -8.64%+151.26% | +22.03%-2.21% | +3.70%-71.68% | -2.97%
Prior 7-Day Eod 0.51% | 0.71%0.14% | 0.71%0.71% | 1.41%0.14% | 3.45%
Current vs 7-Day Eod -53.24% | +3.61%+409.49% | +36.90%+3.61% | +12.31%+66.41% | +5.35%
Sentiment BULLISHBEARISHBEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 2.08% | 0.53%
Calls: 2.52% | 0.63%
Puts: 1.64% | 0.43%
Prior 1.49% | 1.30%
Calls: 1.89% | 1.46%
Puts: 1.09% | 1.15%
Current vs Prior +39.60% | -59.23%
Prior 7-Day Avg 1.31% | 1.35%
Calls: 1.24% | 1.65%
Puts: 1.39% | 1.05%
Current vs 7-Day Avg +58.58% | -60.69%
Liquidity Excellent
+
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🤖 AI Insights

Strong bearish conviction with 83% of dollar volume in puts ($1.58B) vs calls ($319.56M). Elevated premium activity with dollar volume up 62% vs prior. Slightly bearish P/C ratio of 1.17. Put-heavy open interest (7,006,587 puts vs 2,518,125 calls) suggests hedging or bearish positioning.

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 BULLISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
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 2,240 of results (avg 2.5%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31150.14150.24$150.190.1%11.006.3K
$700.00Jul 3151.0551.15$51.100.2%500.946.2K
$690.00Aug 2164.2864.41$64.350.2%730.905.6K
$752.00Aug 2112.8912.92$12.910.2%3.5K0.485.0K
$750.00Aug 2816.0016.04$16.020.2%1080.50206
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$755.00Aug 2114.2114.25$14.230.3%1.6K0.5622.7K
$754.00Aug 2113.7713.81$13.790.3%4900.551.6K
$754.00Aug 1412.6612.70$12.680.3%1.6K0.551.1K
$751.00Aug 2112.5412.58$12.560.3%3070.521.7K
$700.00Aug 213.043.05$3.050.3%11.6K0.1346.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 629 found (avg $0.34, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$760.00Jul 170.050.06$0.0616.7%59.6K0.0360.2K
$769.00Jul 220.050.06$0.0616.7%1.8K0.027.9K
$772.00Jul 230.050.06$0.0616.7%910.0148
$774.00Jul 240.050.06$0.0616.7%4010.011.4K
$777.00Jul 270.050.06$0.0616.7%--0.0169
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$730.00Jul 170.050.06$0.0616.7%12.5K0.0250.0K
$731.00Jul 170.050.06$0.0616.7%2.1K0.0234.1K
$715.00Jul 200.050.06$0.0616.7%70.01594
$716.00Jul 200.050.06$0.0616.7%110.0195
$717.00Jul 200.050.06$0.0616.7%1120.01144

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,100 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 17148.96149.65$149.310.5%571.007.9K
$605.00Jul 17142.44145.96$144.202.4%51.0062
$610.00Jul 17137.45140.29$138.872.0%--1.0040
$615.00Jul 17133.65135.45$134.551.3%201.00153
$620.00Jul 17128.64129.49$129.070.7%321.00165
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$753.00Jul 163.984.15$4.074.2%536.6K1.009.7K
$754.00Jul 165.005.14$5.072.8%267.9K1.008.2K
$755.00Jul 166.016.14$6.072.1%86.6K1.005.8K
$756.00Jul 167.017.14$7.071.8%34.6K1.002.7K
$757.00Jul 167.948.14$8.042.5%8.4K1.00920

Most actively traded options today. High liquidity = easy entry/exit. 2,626 active (total vol 12.2M, top 732.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$754.00Jul 160.010.02$0.0250.0%732.7K0.028.0K
$753.00Jul 160.010.02$0.0250.0%723.0K0.026.5K
$755.00Jul 160.010.02$0.0250.0%591.9K0.0113.6K
$752.00Jul 160.020.03$0.0333.3%567.4K0.044.8K
$751.00Jul 160.060.07$0.0714.3%380.7K0.093.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 161.231.25$1.241.6%705.8K0.7711.2K
$751.00Jul 162.102.13$2.121.4%690.5K0.925.9K
$752.00Jul 163.043.14$3.093.2%684.4K0.9613.0K
$753.00Jul 163.984.15$4.074.2%536.6K1.009.7K
$749.00Jul 160.600.61$0.611.6%448.3K0.527.9K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 324 strikes (avg 666.8%, max 3073.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$820.00Jul 16Aug 28374.7%11.8%3073.2%2110
$815.00Jul 16Aug 28351.4%11.6%2931.2%76238
$810.00Jul 16Aug 28327.9%11.5%2761.3%16635
$805.00Jul 16Aug 28304.2%11.4%2569.2%357.4K
$800.00Jul 16Aug 28280.1%11.4%2351.0%624.3K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 16Aug 21280.1%11.1%2430.0%20942
$799.00Jul 16Jul 31275.2%12.5%2102.0%71
$790.00Jul 16Jul 31230.9%11.4%1929.9%25553
$675.00Jul 16Aug 28428.4%22.7%1787.9%312.0K
$786.00Jul 16Aug 21210.8%11.4%1751.7%422

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 869 found (best R:R 49.00, avg 4.01)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$800.00$805.00Aug 21$0.10$4.90$0.1049.00$800.10
$805.00$810.00Aug 28$0.12$4.88$0.1240.67$805.12
$785.00$790.00Aug 7$0.14$4.86$0.1434.71$785.14
$790.00$795.00Aug 14$0.17$4.83$0.1728.41$790.17
$775.00$780.00Jul 30$0.18$4.82$0.1826.78$775.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$700.00$690.00Jul 30$0.20$9.80$0.2049.00$699.80
$645.00$640.00Aug 28$0.10$4.90$0.1049.00$644.90
$670.00$665.00Aug 14$0.11$4.89$0.1144.45$669.89
$650.00$645.00Aug 28$0.11$4.89$0.1144.45$649.89
$685.00$680.00Aug 7$0.12$4.88$0.1240.67$684.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,229 found (best R:R 362.64, avg 3.18)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$660.00$700.00Jul 21$39.89$39.89$0.11362.64$699.89
$700.00$715.00Jul 22$14.88$14.88$0.12124.00$714.88
$703.00$716.00Jul 21$12.88$12.88$0.12107.33$715.88
$630.00$650.00Aug 7$19.81$19.81$0.19104.26$649.81
$710.00$720.00Jul 30$9.90$9.90$0.1099.00$719.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$786.00$765.00Jul 21$20.83$20.83$0.17122.53$765.17
$775.00$767.00Jul 20$7.78$7.78$0.2235.36$767.22
$774.00$768.00Jul 28$5.81$5.81$0.1930.58$768.19
$775.00$770.00Jul 23$4.78$4.78$0.2221.73$770.22
$775.00$771.00Jul 24$3.79$3.79$0.2118.05$771.21

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 180 found (avg debit $0.68, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$759.00Jul 16Jul 17$0.0674.9%13.6%
$640.00Jul 17Jul 24$0.0991.5%39.6%
$758.00Jul 16Jul 17$0.1068.1%13.5%
$680.00Jul 16Jul 17$0.12400.2%64.2%
$660.00Jul 17Jul 20$0.1274.7%41.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$662.00Jul 17Jul 24$0.0673.1%33.1%
$663.00Jul 17Jul 24$0.0672.2%32.8%
$664.00Jul 17Jul 24$0.0671.4%32.4%
$666.00Jul 17Jul 24$0.0669.8%31.7%
$667.00Jul 17Jul 24$0.0668.9%31.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,093 found (cheapest 0.15% of stock, avg 5.03%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$749.00Jul 16$0.55$0.61$1.16$747.84$750.160.15%
$748.00Jul 16$1.19$0.26$1.45$746.55$749.450.19%
$750.00Jul 16$0.19$1.24$1.43$748.57$751.430.19%
$747.00Jul 16$2.05$0.10$2.15$744.85$749.150.29%
$751.00Jul 16$0.07$2.12$2.19$748.81$753.190.29%
$746.00Jul 16$2.98$0.04$3.02$742.98$749.020.40%
$752.00Jul 16$0.03$3.09$3.12$748.88$755.120.42%
$745.00Jul 16$3.97$0.02$3.99$741.01$748.990.53%
$753.00Jul 16$0.02$4.07$4.09$748.91$757.090.55%
$750.00Jul 17$2.04$2.79$4.83$745.17$754.830.64%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 381 found (cheapest 0.02% of stock, avg 1.58%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$751.00$747.00Jul 16$0.07$0.10$0.17$746.83$751.17
$750.00$747.00Jul 16$0.19$0.10$0.29$746.71$750.29
$751.00$748.00Jul 16$0.07$0.26$0.33$747.67$751.33
$750.00$748.00Jul 16$0.19$0.26$0.45$747.55$750.45
$749.00$747.00Jul 16$0.55$0.10$0.65$746.35$749.65
$749.00$748.00Jul 16$0.55$0.26$0.81$747.19$749.81
$754.00$745.00Jul 17$0.59$1.06$1.65$743.35$755.65
$754.00$746.00Jul 17$0.59$1.30$1.89$744.11$755.89
$753.00$745.00Jul 17$0.85$1.06$1.91$743.09$754.91
$753.00$746.00Jul 17$0.85$1.30$2.15$743.85$755.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 356 found (best R:R 37.46, avg credit $2.89)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
685/690700/705Aug 14$4.87$0.1337.46$685.13$704.87
680/685700/705Aug 14$4.85$0.1532.33$680.15$704.85
670/675680/690Aug 14$9.67$0.3329.30$665.33$689.67
665/670680/690Aug 14$9.66$0.3428.41$660.34$689.66
675/680700/705Aug 14$4.82$0.1826.78$675.18$704.82
640/645650/675Aug 28$24.03$0.9724.77$620.97$674.03
670/675700/705Aug 14$4.79$0.2122.81$670.21$704.79
665/670700/705Aug 14$4.78$0.2221.73$665.22$704.78
665/670675/694Aug 28$18.10$0.9020.11$651.90$693.10
730/735745/750Jul 30$4.76$0.2419.83$730.24$749.76

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 296 found (best R:R 165.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$630.00$650.00$670.00Aug 7$0.12$19.88165.67
$615.00$625.00$635.00Jul 24$0.08$9.92124.00
$785.00$790.00$795.00Aug 7$0.08$4.9261.50
$670.00$680.00$690.00Aug 14$0.16$9.8461.50
$790.00$795.00$800.00Aug 14$0.08$4.9261.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$670.00$675.00$680.00Aug 28$0.05$4.9599.00
$705.00$710.00$715.00Jul 30$0.06$4.9482.33
$710.00$715.00$720.00Jul 30$0.08$4.9261.50
$715.00$720.00$725.00Jul 30$0.11$4.8944.45
$720.00$725.00$730.00Jul 30$0.15$4.8532.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 968 found (best net $-0.01, 957 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Jul 21-$9.55$30.45
$815.00$835.001:2Jul 22$0.00$20.00
$840.00$855.001:2Jul 23$0.00$15.00
$800.00$815.001:2Jul 27-$0.01$14.99
$800.00$815.001:2Jul 28-$0.01$14.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$650.00$600.001:2Jul 28-$0.01$49.99
$655.00$625.001:2Jul 27-$0.02$29.98
$800.00$775.001:2Jul 30-$0.98$24.02
$640.00$625.001:2Jul 21-$0.01$14.99
$675.00$660.001:2Jul 21-$0.01$14.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 345 found (best yield 2.22%, avg 0.51%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$749.00Aug 28$16.590.510.0%2.22%2.23%711
$750.00Aug 28$16.000.500.1%2.14%2.28%108206
$751.00Aug 28$15.360.490.3%2.05%2.33%115126
$749.00Aug 21$14.730.510.0%1.97%1.98%1281.6K
$752.00Aug 28$14.740.480.4%1.97%2.38%118115
$750.00Aug 21$14.130.500.1%1.89%2.03%7.0K16.5K
$753.00Aug 28$14.140.470.5%1.89%2.43%2681
$754.00Aug 28$13.540.460.7%1.81%2.49%3489
$751.00Aug 21$13.500.480.3%1.80%2.08%6952.5K
$749.00Aug 14$13.070.510.0%1.75%1.76%194385

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 5,647,491
Total Puts 6,607,725
Put/Call Ratio 1.17
Net Difference -960,234

Prior's Put/Call Breakdown

Total Calls 6,002,033
Total Puts 6,655,420
Put/Call Ratio 1.11
Net Difference -653,387

Prior 7-Day Put/Call Summary

Total Calls 33,716,250
Total Puts 36,999,747
Average Put/Call Ratio 1.10
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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