Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$766.19 -0.41%
8/31 15:17

Option Volume

Detail
Current (08/31) 8,073,486
Calls: 3,669,070 (45%)
Puts: 4,404,416 (55%)
Prior (08/28) 11,957,351
Calls: 5,897,025 (49%)
Puts: 6,060,326 (51%)
Current vs Prior -32.48%
Calls: -37.78% (Calls)
Puts: -27.32% (Puts)
Prior 7-Day Total 62,846,291
Calls: 29,970,522 (48%)
Puts: 32,875,769 (52%)
Prior 7-Day Average 8,978,041
Calls: 4,281,503 (48%)
Puts: 4,696,538 (52%)
Current vs Prior 7-Day Avg -10.08%
Calls: -14.30%
Puts: -6.22%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31) $708.60M
Calls: $357.09M (50%)
Puts: $351.51M (50%)
Prior (08/28) $1.41B
Calls: $398.77M (28%)
Puts: $1.01B (72%)
Current vs Prior -49.60%
Calls: -10.45%
Puts: -65.10%
Prior 7-Day Total $6.57B
Calls: $3.47B (53%)
Puts: $3.10B (47%)
Prior 7-Day Average $938.68M
Calls: $495.99M (53%)
Puts: $442.68M (47%)
Current vs Prior 7-Day Avg -24.51%
Calls: -28.01%
Puts: -20.59%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31) 1.20
Prior (08/28) 1.03
Current vs Prior +16.81%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg +8.40%
Sentiment BEARISH

Open Interest

Detail
Current (08/31) 8,682,899
Calls: 2,399,016 (28%)
Puts: 6,283,883 (72%)
Prior (08/28) 8,826,225
Calls: 2,433,290 (28%)
Puts: 6,392,935 (72%)
Current vs Prior -1.62%
Prior 7-Day Total 63,725,887
Calls: 17,476,701 (27%)
Puts: 46,249,186 (73%)
Prior 7-Day Average 9,103,698
Calls: 2,496,671 (27%)
Puts: 6,607,026 (73%)
Current vs Prior 7-Day Avg -4.62%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/31) | Next (09/01)Expiry (08/31) | Next (09/02)Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 0.20% | 0.51%0.20% | 0.69%1.02% | 1.56%2.20% | 3.67%
Prior 0.52% | 0.69%0.15% | 0.52%0.15% | 1.13%2.26% | 3.75%
Current vs Prior -60.54% | -25.59%+32.72% | +33.29%+566.17% | +38.23%-2.59% | -2.23%
Prior 7-Day Avg 0.51% | 0.74%0.33% | 0.76%0.67% | 1.46%2.14% | 3.80%
Current vs 7-Day Avg -59.79% | -30.61%-38.38% | -9.68%+51.53% | +6.86%+2.98% | -3.40%
Prior 7-Day Eod 0.21% | 0.51%0.15% | 0.52%0.15% | 1.13%2.26% | 3.75%
Current vs 7-Day Eod -2.52% | -0.27%+32.72% | +33.29%+566.17% | +38.23%-2.59% | -2.23%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.40% | 0.99%
Calls: 1.79% | 0.54%
Puts: 1.00% | 1.44%
Prior 1.99% | 2.41%
Calls: 1.63% | 1.57%
Puts: 2.35% | 3.24%
Current vs Prior -29.65% | -58.92%
Prior 7-Day Avg 1.75% | 1.21%
Calls: 1.61% | 1.14%
Puts: 1.84% | 1.35%
Current vs 7-Day Avg -20.07% | -18.18%
Liquidity Excellent
+
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🤖 AI Insights

Bearish P/C ratio of 1.20 indicates protective positioning. Put-heavy open interest (6,283,883 puts vs 2,399,016 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
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 2,291 of results (avg 2.8%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$615.00Aug 31151.05151.21$151.130.1%161.0021
$626.00Aug 31140.05140.21$140.130.1%351.0019
$632.00Aug 31134.03134.21$134.120.1%271.007
$640.00Aug 31126.05126.22$126.140.1%31.002.6K
$641.00Aug 31125.05125.22$125.140.1%--1.001.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Sep 186.056.06$6.060.2%9960.411.5K
$766.00Sep 259.329.34$9.330.2%5160.522.2K
$766.00Sep 187.907.92$7.910.3%1.6K0.512.4K
$765.00Sep 187.497.51$7.500.3%4.1K0.4926.4K
$764.00Sep 187.107.12$7.110.3%1.0K0.474.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 779 found (avg $0.35, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Aug 310.050.06$0.0616.7%446.3K0.092.5K
$767.00Aug 310.170.18$0.185.6%591.3K0.252.8K
$766.00Aug 310.560.57$0.561.8%710.3K0.562.8K
$773.00Sep 10.080.09$0.0911.1%7.5K0.053.2K
$774.00Sep 10.050.06$0.0616.7%4.4K0.032.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Aug 310.100.11$0.119.1%866.0K0.169.2K
$766.00Aug 310.380.39$0.392.6%648.1K0.449.1K
$758.00Sep 10.130.14$0.147.1%12.3K0.061.2K
$757.00Sep 10.100.11$0.119.1%13.4K0.05663
$759.00Sep 10.180.19$0.195.3%8.3K0.08678

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,255 found (avg delta 0.88, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$615.00Aug 31151.05151.21$151.130.1%161.0021
$616.00Aug 31149.92150.21$150.070.2%181.009
$617.00Aug 31148.87149.21$149.040.2%31.001
$618.00Aug 31147.84148.21$148.030.2%31.0010
$621.00Aug 31144.86145.21$145.040.2%161.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$782.00Sep 415.0517.50$16.2715.1%291.00701
$783.00Sep 416.0518.39$17.2213.6%141.00142
$784.00Sep 417.0519.22$18.1312.0%21.00132
$785.00Sep 417.5820.61$19.1015.9%51.0022
$786.00Sep 418.5821.61$20.1015.1%41.008

Most actively traded options today. High liquidity = easy entry/exit. 2,633 active (total vol 8.1M, top 866.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Aug 310.560.57$0.561.8%710.3K0.562.8K
$767.00Aug 310.170.18$0.185.6%591.3K0.252.8K
$768.00Aug 310.050.06$0.0616.7%446.3K0.092.5K
$769.00Aug 310.020.03$0.0333.3%333.9K0.047.0K
$765.00Aug 311.281.29$1.290.8%272.3K0.844.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Aug 310.100.11$0.119.1%866.0K0.169.2K
$766.00Aug 310.380.39$0.392.6%648.1K0.449.1K
$764.00Aug 310.030.04$0.0425.0%419.3K0.067.2K
$763.00Aug 310.010.02$0.0250.0%327.9K0.035.0K
$762.00Aug 310.010.02$0.0250.0%230.1K0.026.9K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 35.9%, max 38.0%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$767.00Aug 31Oct 915.0%10.9%38.0%591.4K2.8K
$765.00Aug 31Oct 915.1%11.1%36.0%272.4K4.6K
$766.00Aug 31Oct 914.7%11.0%33.8%710.4K2.8K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$767.00Aug 31Oct 915.0%10.9%38.0%199.8K7.0K
$765.00Aug 31Oct 915.1%11.1%36.0%866.1K9.3K
$766.00Aug 31Oct 914.7%11.0%33.8%648.2K9.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 704 found (best R:R 3.55, avg 3.95)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$746.00$747.00Sep 1$0.22$0.78$0.22100%3.55$746.22
$735.00$740.00Oct 9$3.21$1.79$3.2181%0.56$738.21
$705.00$706.00Aug 31$0.25$0.75$0.25100%3.00$705.25
$703.00$704.00Aug 31$0.29$0.71$0.29100%2.45$703.29
$717.00$718.00Aug 31$0.30$0.70$0.30100%2.33$717.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$791.00$790.00Sep 25$0.24$0.76$0.2489%3.17$790.76
$779.00$778.00Sep 18$0.13$0.87$0.1376%6.69$778.87
$787.00$786.00Sep 18$0.36$0.64$0.3688%1.78$786.64
$778.00$777.00Sep 8$0.36$0.64$0.3689%1.78$777.64
$789.00$788.00Sep 18$0.47$0.53$0.4791%1.13$788.53

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 522 found (best R:R 0.71, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 14$2.08$2.08$2.9259%0.71$772.08
$775.00$780.00Sep 14$1.33$1.33$3.6772%0.36$776.33
$780.00$785.00Sep 14$0.72$0.72$4.2883%0.17$780.72
$767.00$768.00Sep 25$0.58$0.58$0.4253%1.38$767.58
$768.00$769.00Oct 9$0.58$0.58$0.4253%1.38$768.58
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$766.00$765.00Aug 31$0.28$0.28$0.7256%0.39$765.72
$763.00$762.00Sep 1$0.18$0.18$0.8276%0.22$762.82
$762.00$761.00Sep 1$0.13$0.13$0.8782%0.15$761.87
$761.00$760.00Sep 2$0.16$0.16$0.8479%0.19$760.84
$759.00$758.00Sep 2$0.10$0.10$0.9085%0.11$758.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.24, cheapest $1.20)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$766.00Aug 31Sep 1$1.2814.7%10.2%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$766.00Aug 31Sep 1$1.2014.7%10.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,023 found (cheapest 0.12% of stock, avg 3.69%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$766.00Aug 31$0.56$0.39$0.95$765.05$766.950.12%
$767.00Aug 31$0.18$1.00$1.18$765.82$768.180.15%
$765.00Aug 31$1.29$0.11$1.40$763.60$766.400.18%
$768.00Aug 31$0.06$1.88$1.94$766.06$769.940.25%
$764.00Aug 31$2.19$0.04$2.23$761.77$766.230.29%
$769.00Aug 31$0.03$2.86$2.89$766.11$771.890.38%
$763.00Aug 31$3.17$0.02$3.19$759.81$766.190.42%
$766.00Sep 1$1.84$1.59$3.43$762.57$769.430.45%
$767.00Sep 1$1.33$2.08$3.41$763.59$770.410.45%
$765.00Sep 1$2.44$1.19$3.63$761.37$768.630.47%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 351 found (cheapest 0.01% of stock, avg 1.30%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$768.00$764.00Aug 31$0.06$0.04$0.10$763.90$768.10
$768.00$765.00Aug 31$0.06$0.11$0.17$764.83$768.17
$767.00$764.00Aug 31$0.18$0.04$0.22$763.78$767.22
$767.00$765.00Aug 31$0.18$0.11$0.29$764.71$767.29
$767.00$766.00Aug 31$0.18$0.39$0.57$765.43$767.57
$768.00$766.00Aug 31$0.06$0.39$0.45$765.55$768.45
$771.00$762.00Sep 1$0.23$0.48$0.71$761.29$771.71
$770.00$762.00Sep 1$0.38$0.48$0.86$761.14$770.86
$771.00$763.00Sep 1$0.23$0.66$0.89$762.11$771.89
$769.00$762.00Sep 1$0.60$0.48$1.08$760.92$770.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 425 found (best R:R 1.00, avg credit $0.49)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
747/748772/773Sep 11$0.50$0.5051%1.00$747.50$772.50
739/740774/775Sep 18$0.50$0.5051%1.00$739.50$774.50
734/735776/777Sep 30$0.52$0.4849%1.08$734.48$776.52
747/748773/774Sep 11$0.47$0.5354%0.89$747.53$773.47
749/750772/773Sep 11$0.52$0.4848%1.08$749.48$772.52
735/736776/777Sep 25$0.49$0.5152%0.96$735.51$776.49
731/732776/777Oct 2$0.52$0.4848%1.08$731.48$776.52
751/752772/773Sep 10$0.50$0.5050%1.00$751.50$772.50
749/750773/774Sep 11$0.49$0.5151%0.96$749.51$773.49
737/738776/777Sep 25$0.50$0.5050%1.00$737.50$776.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 297 found (best R:R 70.43, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$745.00$750.00$755.00Sep 14$0.07$4.9312%70.43
$755.00$760.00$765.00Sep 14$0.45$4.5521%10.11
$760.00$765.00$770.00Sep 14$0.64$4.3625%6.81
$764.00$765.00$766.00Aug 31$0.17$0.8338%4.88
$750.00$755.00$760.00Sep 14$0.38$4.6216%12.16
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.47$4.5321%9.64
$750.00$755.00$760.00Sep 14$0.34$4.6616%13.71
$745.00$750.00$755.00Sep 14$0.23$4.7712%20.74
$765.00$766.00$767.00Aug 31$0.33$0.6759%2.03
$740.00$745.00$750.00Sep 14$0.16$4.848%30.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,126 found (best net $-16.18, 1,115 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$630.00$690.001:2Sep 1-$16.18$43.82
$680.00$710.001:2Sep 9-$27.07$2.93
$770.00$775.001:2Sep 14-$0.50$4.50
$764.00$765.001:2Aug 31-$0.39$0.61
$765.00$770.001:2Sep 14-$1.86$3.14
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$820.00$794.001:2Sep 1-$1.91$24.09
$768.00$767.001:2Aug 31-$0.12$0.88
$690.00$660.001:2Sep 9-$0.02$29.98
$769.00$768.001:2Aug 31-$0.90$0.10
$764.00$763.001:2Aug 31$0.00$1.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 294 found (best yield 1.65%, avg 0.39%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$767.00Oct 9$12.670.470.1%1.65%1.76%421
$768.00Oct 9$12.090.470.2%1.58%1.81%2164
$769.00Oct 9$11.510.460.4%1.50%1.87%3936
$770.00Oct 9$10.950.450.5%1.43%1.93%11270
$771.00Oct 9$10.410.430.6%1.36%1.99%209
$772.00Oct 9$9.880.420.8%1.29%2.05%2543
$773.00Oct 9$9.370.410.9%1.22%2.11%3413
$774.00Oct 9$8.870.401.0%1.16%2.18%1436
$775.00Oct 9$8.400.381.1%1.10%2.25%36153
$776.00Oct 9$7.930.371.3%1.03%2.32%1755

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 3,669,070
Total Puts 4,404,416
Put/Call Ratio 1.20
Net Difference -735,346

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 29,970,522
Total Puts 32,875,769
Average Put/Call Ratio 1.11
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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