Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$769.35 -0.23%
8/28 18:04

Option Volume

Detail
Current (08/28) 11,957,351
Calls: 5,897,025 (49%)
Puts: 6,060,326 (51%)
Prior (08/27) 10,149,848
Calls: 5,054,820 (50%)
Puts: 5,095,028 (50%)
Current vs Prior +17.81%
Calls: +16.66% (Calls)
Puts: +18.95% (Puts)
Prior 7-Day Total 53,872,706
Calls: 25,845,722 (48%)
Puts: 28,026,984 (52%)
Prior 7-Day Average 8,978,784
Calls: 3,692,246 (48%)
Puts: 4,003,854 (52%)
Current vs Prior 7-Day Avg +33.17%
Calls: +59.71%
Puts: +51.36%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28) $1.41B
Calls: $398.77M (28%)
Puts: $1.01B (72%)
Prior (08/27) $991.20M
Calls: $596.61M (60%)
Puts: $394.58M (40%)
Current vs Prior +41.83%
Calls: -33.16%
Puts: +155.23%
Prior 7-Day Total $5.81B
Calls: $3.13B (54%)
Puts: $2.67B (46%)
Prior 7-Day Average $967.99M
Calls: $447.73M (54%)
Puts: $381.98M (46%)
Current vs Prior 7-Day Avg +45.23%
Calls: -10.94%
Puts: +163.65%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28) 1.03
Prior (08/27) 1.01
Current vs Prior +1.96%
Prior 7-Day Average 1.09
Current vs Prior 7-Day Avg -5.92%
Sentiment BEARISH

Open Interest

Detail
Current (08/28) 8,826,225
Calls: 2,433,290 (28%)
Puts: 6,392,935 (72%)
Prior (08/27) 8,676,709
Calls: 2,420,112 (28%)
Puts: 6,256,597 (72%)
Current vs Prior +1.72%
Prior 7-Day Total 55,042,988
Calls: 15,077,685 (27%)
Puts: 39,965,303 (73%)
Prior 7-Day Average 9,173,831
Calls: 2,512,947 (27%)
Puts: 6,660,883 (73%)
Current vs Prior 7-Day Avg -3.79%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/28) | Next (08/31)Expiry (08/28) | Next (08/31)Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 0.15% | 0.52%0.15% | 0.52%0.15% | 1.13%2.26% | 3.75%
Prior 0.62% | 0.81%0.62% | 0.81%0.62% | 1.33%2.37% | 3.83%
Current vs Prior -16.23% | -15.44%-75.10% | -36.54%-75.10% | -15.08%-4.60% | -1.91%
Prior 7-Day Avg 0.50% | 0.75%0.37% | 0.81%0.78% | 1.53%2.11% | 3.81%
Current vs 7-Day Avg +2.28% | -7.98%-58.06% | -36.34%-80.30% | -26.05%+6.94% | -1.43%
Prior 7-Day Eod 0.20% | 0.56%0.62% | 0.81%0.62% | 1.33%2.37% | 3.83%
Current vs 7-Day Eod +157.83% | +23.33%-75.10% | -36.54%-75.10% | -15.08%-4.60% | -1.91%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.99% | 2.41%
Calls: 1.63% | 1.57%
Puts: 2.35% | 3.24%
Prior 1.68% | 1.40%
Calls: 0.52% | 1.10%
Puts: 2.83% | 1.69%
Current vs Prior +18.45% | +72.14%
Prior 7-Day Avg 1.61% | 1.00%
Calls: 1.61% | 1.06%
Puts: 1.74% | 0.97%
Current vs 7-Day Avg +23.35% | +140.20%
Liquidity Good
+
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🤖 AI Insights

Moderately bearish flow with 72% put dollar volume ($1.01B). Slightly bearish P/C ratio of 1.03. Put-heavy open interest (6,392,935 puts vs 2,433,290 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow NEUTRAL
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 NEUTRAL
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 2,333 of results (avg 3.7%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Oct 913.6613.71$13.690.4%370.4923
$768.00Sep 2510.7010.74$10.720.4%3770.501.7K
$770.00Oct 913.0613.11$13.090.4%540.4734
$769.00Oct 211.9011.95$11.930.4%3350.4885
$772.00Oct 911.9011.95$11.930.4%640.4612
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 186.596.60$6.600.2%8.3K0.4326.0K
$768.00Sep 3010.0010.04$10.020.4%4700.51231
$773.00Sep 3012.1812.23$12.210.4%2720.57140
$773.00Oct 913.7313.79$13.760.4%390.552
$771.00Sep 189.019.05$9.030.4%3.0K0.552.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 836 found (avg $0.35, cheapest $0.27)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Aug 280.250.28$0.2711.1%319.1K0.943.9K
$776.00Aug 310.060.07$0.0714.3%38.3K0.043.1K
$775.00Aug 310.110.12$0.128.3%77.1K0.075.1K
$774.00Aug 310.190.20$0.205.0%61.9K0.105.8K
$773.00Aug 310.330.34$0.342.9%61.1K0.163.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Aug 280.130.14$0.147.1%616.9K0.405.9K
$770.00Aug 280.840.97$0.9114.3%686.7K0.9413.1K
$761.00Aug 310.190.20$0.205.0%12.1K0.083.0K
$762.00Aug 310.240.25$0.254.0%16.5K0.103.5K
$759.00Aug 310.110.12$0.128.3%11.0K0.052.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,380 found (avg delta 0.89, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Aug 28148.73149.91$149.320.8%--1.0018
$625.00Aug 28143.73144.71$144.220.7%61.004
$630.00Aug 28138.73139.91$139.320.8%71.0012
$635.00Aug 28133.73134.83$134.280.8%11.002
$645.00Aug 28123.73124.90$124.320.9%11.002
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$820.00Aug 2850.2951.27$50.781.9%21.00--
$825.00Aug 2855.3256.27$55.801.7%51.001
$830.00Aug 2860.3361.27$60.801.5%51.00--
$835.00Aug 2865.3066.27$65.791.5%21.00--
$840.00Aug 2870.2271.27$70.751.5%61.00--

Most actively traded options today. High liquidity = easy entry/exit. 3,004 active (total vol 11.9M, top 686.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Aug 280.000.01$0.01100.0%570.5K0.0111.5K
$770.00Aug 280.010.02$0.0250.0%564.5K0.0619.6K
$771.00Aug 280.000.01$0.01100.0%551.3K0.0211.4K
$773.00Aug 280.000.01$0.01100.0%527.3K0.014.5K
$775.00Aug 280.000.01$0.01100.0%525.8K0.0114.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Aug 280.840.97$0.9114.3%686.7K0.9413.1K
$769.00Aug 280.130.14$0.147.1%616.9K0.405.9K
$768.00Aug 280.010.02$0.0250.0%519.0K0.0510.5K
$771.00Aug 281.801.95$1.888.0%402.9K0.986.8K
$772.00Aug 282.642.90$2.779.4%326.3K0.993.1K

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 727 found (best R:R 1.86, avg 3.73)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$743.00$744.00Sep 30$0.22$0.78$0.2281%3.55$743.22
$753.00$754.00Sep 2$0.40$0.60$0.4097%1.50$753.40
$694.00$695.00Sep 18$0.55$0.45$0.55100%0.82$694.55
$734.00$735.00Aug 31$0.58$0.42$0.58100%0.72$734.58
$739.00$740.00Sep 18$0.47$0.53$0.4788%1.13$739.47
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$787.00$785.00Oct 2$0.70$1.30$0.7076%1.86$786.30
$795.00$793.00Sep 30$0.98$1.02$0.9886%1.04$794.02
$797.00$796.00Oct 2$0.14$0.86$0.1486%6.14$796.86
$784.00$782.00Sep 9$1.12$0.88$1.1290%0.79$782.88
$779.00$778.00Sep 18$0.11$0.89$0.1170%8.09$778.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 542 found (best R:R 1.44, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$771.00Oct 9$0.59$0.59$0.4153%1.44$770.59
$770.00$771.00Sep 25$0.58$0.58$0.4253%1.38$770.58
$770.00$771.00Oct 2$0.58$0.58$0.4253%1.38$770.58
$771.00$772.00Sep 30$0.56$0.56$0.4454%1.27$771.56
$772.00$773.00Oct 2$0.55$0.55$0.4555%1.22$772.55
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$769.00$768.00Aug 28$0.12$0.12$0.8860%0.14$768.88
$762.00$761.00Sep 2$0.15$0.15$0.8580%0.18$761.85
$763.00$762.00Sep 1$0.13$0.13$0.8781%0.15$762.87
$760.00$759.00Sep 2$0.10$0.10$0.9085%0.11$759.90
$760.00$759.00Sep 3$0.13$0.13$0.8782%0.15$759.87

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $1.51, cheapest $1.51)

CALLS (0)
No calls found
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$769.00Aug 28Aug 31$1.518.3%5.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,111 found (cheapest 0.05% of stock, avg 3.88%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$769.00Aug 28$0.27$0.14$0.41$768.59$769.410.05%
$770.00Aug 28$0.02$0.91$0.93$769.07$770.930.12%
$768.00Aug 28$1.20$0.02$1.22$766.78$769.220.16%
$771.00Aug 28$0.01$1.88$1.89$769.11$772.890.25%
$767.00Aug 28$2.15$0.01$2.16$764.84$769.160.28%
$772.00Aug 28$0.01$2.77$2.78$769.22$774.780.36%
$766.00Aug 28$3.18$0.01$3.19$762.81$769.190.41%
$769.00Aug 31$1.84$1.65$3.49$765.51$772.490.45%
$770.00Aug 31$1.31$2.13$3.44$766.56$773.440.45%
$771.00Aug 31$0.88$2.71$3.59$767.41$774.590.47%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 352 found (cheapest 0.01% of stock, avg 1.35%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$770.00$768.00Aug 28$0.02$0.02$0.04$767.96$770.04
$770.00$769.00Aug 28$0.02$0.14$0.16$768.84$770.16
$774.00$764.00Aug 31$0.20$0.43$0.63$763.37$774.63
$773.00$764.00Aug 31$0.34$0.43$0.77$763.23$773.77
$774.00$765.00Aug 31$0.20$0.56$0.76$764.24$774.76
$773.00$765.00Aug 31$0.34$0.56$0.90$764.10$773.90
$772.00$764.00Aug 31$0.56$0.43$0.99$763.01$772.99
$774.00$766.00Aug 31$0.20$0.74$0.94$765.06$774.94
$772.00$765.00Aug 31$0.56$0.56$1.12$763.88$773.12
$773.00$766.00Aug 31$0.34$0.74$1.08$764.92$774.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 417 found (best R:R 1.13, avg credit $0.45)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
744/745777/778Sep 18$0.53$0.4748%1.13$744.47$777.53
744/745779/780Sep 18$0.49$0.5152%0.96$744.51$779.49
750/751776/777Sep 11$0.49$0.5152%0.96$750.51$776.49
742/743777/778Sep 18$0.51$0.4950%1.04$742.49$777.51
742/743779/780Sep 18$0.47$0.5354%0.89$742.53$779.47
752/753776/777Sep 10$0.47$0.5353%0.89$752.53$776.47
739/740778/779Sep 25$0.52$0.4848%1.08$739.48$778.52
744/745778/779Sep 18$0.50$0.5050%1.00$744.50$778.50
757/758774/775Sep 8$0.54$0.4646%1.17$757.46$774.54
750/751778/779Sep 11$0.43$0.5757%0.75$750.57$778.43

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 258 found (best R:R 3.17, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$769.00$770.00$771.00Aug 28$0.24$0.7692%3.17
$768.00$769.00$770.00Aug 28$0.68$0.3294%0.47
$767.00$768.00$769.00Aug 31$0.06$0.9418%15.67
$768.00$769.00$770.00Aug 31$0.09$0.9119%10.11
$765.00$766.00$767.00Aug 31$0.06$0.9414%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$769.00$770.00$771.00Aug 28$0.20$0.8059%4.00
$767.00$768.00$769.00Aug 28$0.11$0.8938%8.09
$768.00$769.00$770.00Aug 28$0.65$0.3589%0.54
$765.00$766.00$767.00Aug 31$0.05$0.9512%19.00
$767.00$768.00$769.00Aug 31$0.08$0.9217%11.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,184 found (best net $-17.28, 1,176 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$635.00$695.001:2Oct 2-$17.28$42.72
$767.00$768.001:2Aug 28-$0.25$0.75
$772.00$773.001:2Aug 31-$0.12$0.88
$773.00$774.001:2Aug 31-$0.06$0.94
$806.00$830.001:2Sep 9-$0.01$23.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$855.00$816.001:2Oct 2-$8.30$30.70
$820.00$800.001:2Sep 3-$10.74$9.26
$820.00$800.001:2Sep 4-$10.74$9.26
$800.00$787.001:2Sep 3-$5.22$7.78
$854.00$825.001:2Sep 4-$26.74$2.26

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 315 found (best yield 1.70%, avg 0.39%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$770.00Oct 9$13.060.470.1%1.70%1.78%5434
$771.00Oct 9$12.470.470.2%1.62%1.84%713
$772.00Oct 9$11.900.460.3%1.55%1.89%6412
$773.00Oct 9$11.340.450.5%1.47%1.95%2118
$774.00Oct 9$10.800.430.6%1.40%2.01%691
$775.00Oct 9$10.280.420.7%1.34%2.07%18620
$776.00Oct 9$9.760.410.9%1.27%2.13%4347
$777.00Oct 9$9.270.401.0%1.20%2.20%218
$778.00Oct 9$8.790.391.1%1.14%2.27%14928
$779.00Oct 9$8.320.371.2%1.08%2.34%2114

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 5,897,025
Total Puts 6,060,326
Put/Call Ratio 1.03
Net Difference -163,301

Prior's Put/Call Breakdown

Total Calls 5,054,820
Total Puts 5,095,028
Put/Call Ratio 1.01
Net Difference -40,208

Prior 7-Day Put/Call Summary

Total Calls 25,845,722
Total Puts 28,026,984
Average Put/Call Ratio 1.09
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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