Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$761.10 -0.78%
9/1 15:22

Option Volume

Detail
Current (09/01) 10,726,529
Calls: 5,006,260 (47%)
Puts: 5,720,269 (53%)
Prior (08/31) 9,342,299
Calls: 4,260,461 (46%)
Puts: 5,081,838 (54%)
Current vs Prior +14.82%
Calls: +17.51% (Calls)
Puts: +12.56% (Puts)
Prior 7-Day Total 65,711,390
Calls: 31,334,244 (48%)
Puts: 34,377,146 (52%)
Prior 7-Day Average 9,387,341
Calls: 4,476,320 (48%)
Puts: 4,911,020 (52%)
Current vs Prior 7-Day Avg +14.27%
Calls: +11.84%
Puts: +16.48%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/01) $1.48B
Calls: $470.43M (32%)
Puts: $1.01B (68%)
Prior (08/31) $877.78M
Calls: $578.62M (66%)
Puts: $299.16M (34%)
Current vs Prior +68.88%
Calls: -18.70%
Puts: +238.26%
Prior 7-Day Total $7.32B
Calls: $3.75B (51%)
Puts: $3.57B (49%)
Prior 7-Day Average $1.05B
Calls: $535.99M (51%)
Puts: $509.38M (49%)
Current vs Prior 7-Day Avg +41.80%
Calls: -12.23%
Puts: +98.66%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/01) 1.14
Prior (08/31) 1.19
Current vs Prior -4.21%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg +3.47%
Sentiment BEARISH

Open Interest

Detail
Current (09/01) 9,466,535
Calls: 2,479,864 (26%)
Puts: 6,986,671 (74%)
Prior (08/31) 8,682,899
Calls: 2,399,016 (28%)
Puts: 6,283,883 (72%)
Current vs Prior +9.03%
Prior 7-Day Total 61,381,828
Calls: 16,772,494 (27%)
Puts: 44,609,334 (73%)
Prior 7-Day Average 8,768,832
Calls: 2,396,070 (27%)
Puts: 6,372,762 (73%)
Current vs Prior 7-Day Avg +7.96%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/01) | Next (09/02)Expiry (09/02) | Next (09/04)Expiry (09/04) | Next (09/11)Expiry (09/15) | Next (10/16)
Current 0.22% | 0.63%0.63% | 1.08%1.08% | 1.71%2.18% | 3.84%
Prior 0.48% | 0.67%0.15% | 0.67%1.02% | 1.56%2.19% | 3.65%
Current vs Prior -54.63% | -5.50%+329.06% | +61.48%+6.34% | +9.73%-0.66% | +5.20%
Prior 7-Day Avg 0.50% | 0.73%0.33% | 0.79%0.82% | 1.51%2.48% | 3.93%
Current vs 7-Day Avg -56.19% | -13.73%+90.19% | +37.28%+31.53% | +13.24%-12.11% | -2.18%
Prior 7-Day Eod 0.22% | 0.63%0.15% | 0.67%1.02% | 1.56%2.19% | 3.65%
Current vs 7-Day Eod +0.03% | -0.18%+329.06% | +61.48%+6.34% | +9.73%-0.66% | +5.20%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.79% | 0.81%
Calls: 1.75% | 0.44%
Puts: 1.82% | 1.18%
Prior 1.85% | 0.78%
Calls: 0.56% | 0.78%
Puts: 3.14% | 0.78%
Current vs Prior -3.24% | +3.85%
Prior 7-Day Avg 1.78% | 1.14%
Calls: 1.39% | 1.10%
Puts: 2.19% | 1.35%
Current vs 7-Day Avg +0.32% | -28.86%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 68% put dollar volume ($1.01B). Elevated premium activity with dollar volume up 69% vs prior. Slightly bearish P/C ratio of 1.14. Put-heavy open interest (6,986,671 puts vs 2,479,864 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 2,565 of results (avg 2.7%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$760.00Sep 3011.9211.95$11.930.3%7630.501.9K
$761.00Oct 1615.3915.43$15.410.3%6300.49417
$762.00Oct 1614.7714.81$14.790.3%7640.48303
$762.00Sep 43.593.60$3.600.3%10.8K0.47657
$762.00Sep 3010.6910.72$10.710.3%8100.47991
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$880.00Sep 1118.79118.97$118.880.2%241.00--
$875.00Sep 1113.79113.98$113.890.2%1061.00--
$870.00Sep 1108.75108.95$108.850.2%171.00--
$750.00Sep 185.115.12$5.120.2%18.0K0.3354.4K
$885.00Sep 1123.79124.04$123.920.2%201.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 723 found (avg $0.37, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 10.050.06$0.0616.7%742.1K0.10921
$762.00Sep 10.190.20$0.205.0%678.0K0.25659
$761.00Sep 10.570.58$0.571.8%334.2K0.53499
$770.00Sep 20.060.07$0.0714.3%16.7K0.036.2K
$769.00Sep 20.100.11$0.119.1%16.0K0.052.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$759.00Sep 10.050.06$0.0616.7%326.8K0.083.0K
$760.00Sep 10.170.18$0.185.6%565.8K0.216.5K
$748.00Sep 20.100.11$0.119.1%1.2K0.04622
$750.00Sep 20.160.17$0.175.9%7.6K0.064.6K
$751.00Sep 20.200.21$0.214.8%5.4K0.073.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,375 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 1134.62137.86$136.242.4%--1.0021
$690.00Sep 169.6272.86$71.244.5%2101.0025
$700.00Sep 159.7761.61$60.693.0%11.001
$710.00Sep 149.7751.60$50.693.6%--1.0011
$715.00Sep 146.0446.22$46.130.4%51.004
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$905.00Sep 2142.17145.38$143.772.2%41.00--
$910.00Sep 2147.17150.38$148.772.2%61.00--
$777.00Sep 414.8516.68$15.7711.6%1401.00560
$778.00Sep 416.5217.00$16.762.9%701.00729
$779.00Sep 416.8519.01$17.9312.0%8461.00758

Most actively traded options today. High liquidity = easy entry/exit. 2,819 active (total vol 10.0M, top 742.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 10.050.06$0.0616.7%742.1K0.10921
$762.00Sep 10.190.20$0.205.0%678.0K0.25659
$764.00Sep 10.020.03$0.0333.3%676.3K0.042.1K
$765.00Sep 10.010.02$0.0250.0%532.7K0.023.9K
$761.00Sep 10.570.58$0.571.8%334.2K0.53499
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 11.091.11$1.101.8%686.6K0.755.8K
$760.00Sep 10.170.18$0.185.6%565.8K0.216.5K
$763.00Sep 11.941.97$1.961.5%535.5K0.907.0K
$764.00Sep 12.852.95$2.903.4%366.0K0.966.2K
$759.00Sep 10.050.06$0.0616.7%326.8K0.083.0K

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 44.0%, max 52.6%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$760.00Sep 1Oct 1618.2%12.0%51.7%139.1K8.2K
$762.00Sep 1Oct 1617.8%11.8%51.3%678.8K962
$761.00Sep 1Oct 1617.5%11.9%46.8%334.8K916
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$762.00Sep 1Oct 1618.0%11.8%52.6%687.6K6.4K
$760.00Sep 1Oct 1618.1%12.0%50.5%568.8K12.0K
$761.00Sep 2Oct 1613.2%11.9%11.0%60.5K1.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 886 found (best R:R 0.57, avg 4.37)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$707.00$708.00Oct 16$0.15$0.85$0.1588%5.67$707.15
$650.00$651.00Sep 18$0.28$0.72$0.28100%2.57$650.28
$700.00$701.00Oct 16$0.19$0.81$0.1990%4.26$700.19
$716.00$718.00Oct 16$1.00$1.00$1.0085%1.00$717.00
$721.00$722.00Sep 30$0.22$0.78$0.2288%3.55$721.22
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$785.00$776.00Oct 9$5.75$3.25$5.7580%0.57$779.25
$775.00$770.00Sep 15$3.01$1.99$3.0181%0.66$771.99
$785.00$784.00Sep 25$0.11$0.89$0.1188%8.09$784.89
$789.00$787.00Oct 2$0.97$1.03$0.9787%1.06$788.03
$795.00$791.00Oct 16$2.67$1.33$2.6786%0.50$792.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 654 found (best R:R 0.84, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$770.00Sep 15$2.28$2.28$2.7258%0.84$767.28
$765.00$770.00Sep 14$2.22$2.22$2.7859%0.80$767.22
$770.00$775.00Sep 15$1.55$1.55$3.4570%0.45$771.55
$770.00$775.00Sep 14$1.47$1.47$3.5371%0.42$771.47
$775.00$780.00Sep 15$0.89$0.89$4.1181%0.22$775.89
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$760.00$759.00Sep 1$0.12$0.12$0.8879%0.14$759.88
$755.00$754.00Sep 2$0.12$0.12$0.8884%0.14$754.88
$757.00$756.00Sep 2$0.19$0.19$0.8176%0.23$756.81
$752.00$751.00Sep 3$0.11$0.11$0.8984%0.12$751.89
$756.00$755.00Sep 2$0.14$0.14$0.8680%0.16$755.86

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.26, cheapest $1.69)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$761.00Sep 1Sep 2$1.6917.5%13.2%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$761.00Sep 2Sep 3$0.8313.2%13.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,161 found (cheapest 0.17% of stock, avg 3.98%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$762.00Sep 1$0.20$1.10$1.30$760.70$763.300.17%
$760.00Sep 1$1.27$0.18$1.45$758.55$761.450.19%
$763.00Sep 1$0.06$1.96$2.02$760.98$765.020.27%
$759.00Sep 1$2.16$0.06$2.22$756.78$761.220.29%
$764.00Sep 1$0.03$2.90$2.93$761.07$766.930.38%
$758.00Sep 1$3.12$0.03$3.15$754.85$761.150.41%
$765.00Sep 1$0.02$3.92$3.94$761.06$768.940.52%
$757.00Sep 1$4.15$0.02$4.17$752.83$761.170.55%
$762.00Sep 2$1.74$2.55$4.29$757.71$766.290.56%
$761.00Sep 2$2.26$2.09$4.35$756.65$765.350.57%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 369 found (cheapest 0.02% of stock, avg 1.61%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$763.00$759.00Sep 1$0.06$0.06$0.12$758.88$763.12
$763.00$760.00Sep 1$0.06$0.18$0.24$759.76$763.24
$762.00$759.00Sep 1$0.20$0.06$0.26$758.74$762.26
$762.00$760.00Sep 1$0.20$0.18$0.38$759.62$762.38
$766.00$757.00Sep 2$0.42$0.88$1.30$755.70$767.30
$765.00$757.00Sep 2$0.63$0.88$1.51$755.49$766.51
$766.00$758.00Sep 2$0.42$1.10$1.52$756.48$767.52
$765.00$758.00Sep 2$0.63$1.10$1.73$756.27$766.73
$764.00$757.00Sep 2$0.92$0.88$1.80$755.20$765.80
$764.00$758.00Sep 2$0.92$1.10$2.02$755.98$766.02

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 427 found (best R:R 1.13, avg credit $0.55)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
726/727770/771Sep 25$0.53$0.4750%1.13$726.47$770.53
728/729770/771Sep 25$0.54$0.4649%1.17$728.46$770.54
732/733769/770Sep 18$0.53$0.4750%1.13$732.47$769.53
724/725771/772Sep 30$0.53$0.4750%1.13$724.47$771.53
740/741768/769Sep 11$0.50$0.5052%1.00$740.50$768.50
734/735769/770Sep 18$0.54$0.4648%1.17$734.46$769.54
737/738769/770Sep 18$0.56$0.4446%1.27$737.44$769.56
727/728771/772Sep 30$0.54$0.4648%1.17$727.46$771.54
729/730771/772Sep 30$0.55$0.4547%1.22$729.45$771.55
736/737769/770Sep 18$0.55$0.4547%1.22$736.45$769.55

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 303 found (best R:R 22.81, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$700.00$720.00$740.00Sep 14$0.84$19.1616%22.81
$750.00$755.00$760.00Sep 14$0.38$4.6220%12.16
$740.00$745.00$750.00Sep 14$0.19$4.8112%25.32
$755.00$760.00$765.00Sep 14$0.55$4.4523%8.09
$750.00$755.00$760.00Sep 15$0.44$4.5619%10.36
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 14$0.42$4.5820%10.90
$745.00$750.00$755.00Sep 14$0.30$4.7015%15.67
$745.00$750.00$755.00Sep 15$0.29$4.7115%16.24
$750.00$755.00$760.00Sep 15$0.41$4.5919%11.20
$755.00$760.00$765.00Sep 14$0.54$4.4623%8.26

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,092 found (best net $-6.24, 1,076 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$690.001:2Sep 1-$6.24$58.76
$630.00$685.001:2Sep 2-$21.34$33.66
$685.00$715.001:2Sep 2-$16.35$13.65
$720.00$740.001:2Sep 14-$5.01$14.99
$725.00$740.001:2Sep 15-$10.30$4.70
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$785.00$775.001:2Sep 15-$5.45$4.55
$763.00$762.001:2Sep 1-$0.24$0.76
$690.00$675.001:2Sep 10-$0.07$14.93
$759.00$758.001:2Sep 1$0.00$1.00
$680.00$665.001:2Sep 9-$0.05$14.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 329 found (best yield 1.94%, avg 0.47%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$762.00Oct 16$14.770.480.1%1.94%2.06%764303
$763.00Oct 16$14.160.480.2%1.86%2.11%1.4K504
$764.00Oct 16$13.570.470.4%1.78%2.16%448455
$765.00Oct 16$12.990.460.5%1.71%2.22%1.4K5.3K
$766.00Oct 16$12.420.440.6%1.63%2.28%1865.1K
$767.00Oct 16$11.870.430.8%1.56%2.33%2015.4K
$768.00Oct 16$11.330.420.9%1.49%2.40%4542.8K
$769.00Oct 16$10.800.411.0%1.42%2.46%1901.8K
$770.00Oct 16$10.290.401.2%1.35%2.52%1.4K9.3K
$771.00Oct 16$9.790.391.3%1.29%2.59%5861.8K

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 5,006,260
Total Puts 5,720,269
Put/Call Ratio 1.14
Net Difference -714,009

Prior's Put/Call Breakdown

Total Calls 4,260,461
Total Puts 5,081,838
Put/Call Ratio 1.19
Net Difference -821,377

Prior 7-Day Put/Call Summary

Total Calls 31,334,244
Total Puts 34,377,146
Average Put/Call Ratio 1.10
Ratio Trend Falling

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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