Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$773.54 +1.10%
9/3 15:11

Option Volume

Detail
Current (09/03) 10,523,562
Calls: 5,225,498 (50%)
Puts: 5,298,064 (50%)
Prior (09/02) 8,806,980
Calls: 3,975,934 (45%)
Puts: 4,831,046 (55%)
Current vs Prior +19.49%
Calls: +31.43% (Calls)
Puts: +9.67% (Puts)
Prior 7-Day Total 58,794,969
Calls: 27,870,175 (47%)
Puts: 30,924,794 (53%)
Prior 7-Day Average 9,799,161
Calls: 3,981,453 (47%)
Puts: 4,417,827 (53%)
Current vs Prior 7-Day Avg +7.39%
Calls: +31.25%
Puts: +19.92%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/03) $1.68B
Calls: $1.34B (80%)
Puts: $340.17M (20%)
Prior (09/02) $1.02B
Calls: $622.14M (61%)
Puts: $396.54M (39%)
Current vs Prior +65.07%
Calls: +115.60%
Puts: -14.22%
Prior 7-Day Total $6.73B
Calls: $3.43B (51%)
Puts: $3.30B (49%)
Prior 7-Day Average $1.12B
Calls: $489.76M (51%)
Puts: $471.34M (49%)
Current vs Prior 7-Day Avg +49.96%
Calls: +173.88%
Puts: -27.83%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/03) 1.01
Prior (09/02) 1.22
Current vs Prior -16.56%
Prior 7-Day Average 1.12
Current vs Prior 7-Day Avg -9.12%
Sentiment BEARISH

Open Interest

Detail
Current (09/03) 9,667,767
Calls: 2,526,461 (26%)
Puts: 7,141,306 (74%)
Prior (09/02) 9,677,902
Calls: 2,556,486 (26%)
Puts: 7,121,416 (74%)
Current vs Prior -0.10%
Prior 7-Day Total 53,980,412
Calls: 14,671,116 (27%)
Puts: 39,309,296 (73%)
Prior 7-Day Average 8,996,735
Calls: 2,445,186 (27%)
Puts: 6,551,549 (73%)
Current vs Prior 7-Day Avg +7.46%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/03) | Next (09/04)Expiry (09/04) | Next (09/09)Expiry (09/04) | Next (09/11)Expiry (09/15) | Next (10/16)
Current 0.18% | 0.56%0.56% | 0.92%0.56% | 1.26%1.78% | 3.46%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -67.79% | -29.23%+182.99% | +16.32%-29.23% | -9.20%-3.88% | -4.20%
Prior 7-Day Avg 0.58% | 0.79%0.35% | 0.80%0.77% | 1.45%2.25% | 3.79%
Current vs 7-Day Avg -68.90% | -29.21%+59.34% | +14.95%-26.84% | -13.50%-20.86% | -8.73%
Prior 7-Day Eod 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs 7-Day Eod -67.79% | -29.23%+182.99% | +16.32%-29.23% | -9.20%-3.88% | -4.20%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.43% | 0.46%
Calls: 1.39% | 0.42%
Puts: 1.47% | 0.51%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior +27.68% | -48.89%
Prior 7-Day Avg 1.58% | 1.18%
Calls: 1.19% | 1.01%
Puts: 1.98% | 1.34%
Current vs 7-Day Avg -9.78% | -60.85%
Liquidity Excellent
+
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🤖 AI Insights

Strong bullish conviction with 80% of dollar volume in calls ($1.34B) vs puts ($340.17M). Elevated premium activity with dollar volume up 65% vs prior. Slightly bearish P/C ratio of 1.01. Put-heavy open interest (7,141,306 puts vs 2,526,461 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
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 2,297 of results (avg 2.7%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Oct 1614.3114.33$14.320.1%6860.491.4K
$774.00Oct 1613.7113.73$13.720.1%2450.481.2K
$775.00Oct 1613.1213.14$13.130.2%9110.4715.0K
$773.00Oct 912.6112.63$12.620.2%4320.4982
$685.00Sep 388.4988.64$88.570.2%121.0013
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$920.00Sep 3146.36146.53$146.450.1%11.00--
$775.00Sep 187.857.86$7.860.1%7420.557.8K
$774.00Sep 187.377.38$7.380.1%1.8K0.534.5K
$770.00Sep 257.207.21$7.210.1%1.5K0.461.1K
$773.00Sep 186.926.93$6.930.1%1.6K0.514.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 749 found (avg $0.32, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$775.00Sep 30.050.06$0.0616.7%466.1K0.106.8K
$774.00Sep 30.190.20$0.205.0%597.8K0.323.4K
$773.00Sep 30.710.72$0.721.4%642.5K0.714.3K
$781.00Sep 40.090.10$0.1010.0%15.9K0.052.2K
$782.00Sep 40.060.07$0.0714.3%7.3K0.044.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Sep 30.060.07$0.0714.3%556.8K0.11913
$773.00Sep 30.190.20$0.205.0%448.4K0.2915
$774.00Sep 30.670.68$0.681.5%164.9K0.681
$765.00Sep 40.200.21$0.214.8%38.5K0.0755.5K
$764.00Sep 40.160.17$0.175.9%17.0K0.066.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,174 found (avg delta 0.88, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3148.27148.67$148.470.3%--1.0022
$635.00Sep 3138.15138.67$138.410.4%11.006
$685.00Sep 388.4988.64$88.570.2%121.0013
$700.00Sep 373.4273.66$73.540.3%41.004
$718.00Sep 355.4855.64$55.560.3%171.0032
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$782.00Sep 48.278.57$8.423.6%1.6K1.00--
$783.00Sep 49.279.53$9.402.8%1.8K1.00--
$784.00Sep 410.3510.51$10.431.5%4701.00--
$785.00Sep 411.3011.58$11.442.4%1.6K1.008
$786.00Sep 412.2512.63$12.443.1%291.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,534 active (total vol 10.5M, top 642.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 30.710.72$0.721.4%642.5K0.714.3K
$774.00Sep 30.190.20$0.205.0%597.8K0.323.4K
$775.00Sep 30.050.06$0.0616.7%466.1K0.106.8K
$770.00Sep 33.523.61$3.572.5%463.4K0.968.0K
$772.00Sep 31.581.60$1.591.3%433.6K0.906.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Sep 30.060.07$0.0714.3%556.8K0.11913
$773.00Sep 30.190.20$0.205.0%448.4K0.2915
$771.00Sep 30.030.04$0.0425.0%391.1K0.05864
$768.00Sep 30.010.02$0.0250.0%386.6K0.021.2K
$770.00Sep 30.020.03$0.0333.3%360.4K0.031.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 8.4%, max 9.3%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$773.00Sep 3Oct 1611.9%10.9%9.3%643.2K5.7K
$774.00Sep 3Oct 1611.6%10.7%7.6%598.1K4.5K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$773.00Sep 3Oct 1611.9%10.9%9.3%448.9K911
$774.00Sep 3Oct 1611.6%10.7%7.6%165.3K971

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 691 found (best R:R 6.69, avg 4.51)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$723.00$724.00Sep 11$0.13$0.87$0.1399%6.69$723.13
$745.00$746.00Oct 2$0.10$0.90$0.1084%9.00$745.10
$734.00$735.00Oct 9$0.17$0.83$0.1787%4.88$734.17
$753.00$754.00Sep 25$0.14$0.86$0.1481%6.14$753.14
$742.00$743.00Oct 2$0.22$0.78$0.2286%3.55$742.22
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$798.00$795.00Sep 30$1.86$1.14$1.8688%0.61$796.14
$790.00$788.00Sep 25$1.01$0.99$1.0181%0.98$788.99
$800.00$799.00Oct 16$0.32$0.68$0.3281%2.12$799.68
$799.00$798.00Oct 16$0.32$0.68$0.3280%2.13$798.68
$797.00$796.00Oct 2$0.42$0.58$0.4285%1.38$796.58

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 514 found (best R:R 0.81, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$775.00$780.00Sep 14$2.23$2.23$2.7754%0.81$777.23
$775.00$780.00Sep 15$2.28$2.28$2.7254%0.84$777.28
$775.00$780.00Sep 17$2.40$2.40$2.6053%0.92$777.40
$775.00$780.00Sep 16$2.35$2.35$2.6553%0.89$777.35
$780.00$785.00Sep 14$1.35$1.35$3.6569%0.37$781.35
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$773.00$772.00Sep 3$0.13$0.13$0.8771%0.15$772.87
$770.00$769.00Sep 4$0.17$0.17$0.8377%0.20$769.83
$764.00$763.00Sep 9$0.11$0.11$0.8984%0.12$763.89
$769.00$768.00Sep 4$0.12$0.12$0.8881%0.14$768.88
$771.00$770.00Sep 4$0.21$0.21$0.7971%0.27$770.79

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.45, cheapest $1.29)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$774.00Sep 3Sep 4$1.6011.6%11.6%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$774.00Sep 3Sep 4$1.2911.6%11.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 984 found (cheapest 0.11% of stock, avg 4.03%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$774.00Sep 3$0.20$0.68$0.88$773.12$774.880.11%
$773.00Sep 3$0.72$0.20$0.92$772.08$773.920.12%
$772.00Sep 3$1.59$0.07$1.66$770.34$773.660.21%
$775.00Sep 3$0.06$1.53$1.59$773.41$776.590.21%
$776.00Sep 3$0.03$2.48$2.51$773.49$778.510.32%
$771.00Sep 3$2.57$0.04$2.61$768.39$773.610.34%
$777.00Sep 3$0.02$3.47$3.49$773.51$780.490.45%
$770.00Sep 3$3.57$0.03$3.60$766.40$773.600.47%
$774.00Sep 4$1.80$1.97$3.77$770.23$777.770.49%
$775.00Sep 4$1.31$2.47$3.78$771.22$778.780.49%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 371 found (cheapest 0.01% of stock, avg 1.28%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$775.00$771.00Sep 3$0.06$0.04$0.10$770.90$775.10
$775.00$772.00Sep 3$0.06$0.07$0.13$771.87$775.13
$775.00$773.00Sep 3$0.06$0.20$0.26$772.74$775.26
$774.00$772.00Sep 3$0.20$0.07$0.27$771.73$774.27
$774.00$771.00Sep 3$0.20$0.04$0.24$770.76$774.24
$774.00$773.00Sep 3$0.20$0.20$0.40$772.60$774.40
$778.00$769.00Sep 4$0.40$0.56$0.96$768.04$778.96
$790.00$750.00Sep 14$0.42$0.60$1.02$748.98$791.02
$777.00$769.00Sep 4$0.61$0.56$1.17$767.83$778.17
$778.00$770.00Sep 4$0.40$0.73$1.13$768.87$779.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 369 found (best R:R 0.96, avg credit $0.60)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
744/745782/783Sep 25$0.49$0.5152%0.96$744.51$782.49
741/742782/783Sep 30$0.51$0.4950%1.04$741.49$782.51
744/745783/784Sep 25$0.47$0.5354%0.89$744.53$783.47
742/743782/783Sep 30$0.51$0.4950%1.04$742.49$782.51
751/752781/782Sep 18$0.49$0.5152%0.96$751.51$781.49
750/751781/782Sep 18$0.48$0.5252%0.92$750.52$781.48
744/745781/782Sep 25$0.50$0.5050%1.00$744.50$781.50
743/744782/783Sep 30$0.51$0.4949%1.04$743.49$782.51
741/742783/784Sep 30$0.48$0.5252%0.92$741.52$783.48
746/747782/783Sep 30$0.53$0.4747%1.13$746.47$782.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 343 found (best R:R 61.50, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 15$0.08$4.9214%61.50
$760.00$765.00$770.00Sep 17$0.32$4.6818%14.62
$760.00$765.00$770.00Sep 15$0.41$4.5920%11.20
$765.00$770.00$775.00Sep 14$0.68$4.3228%6.35
$760.00$765.00$770.00Sep 14$0.46$4.5421%9.87
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$765.00$770.00$775.00Sep 14$0.69$4.3128%6.25
$760.00$765.00$770.00Sep 15$0.45$4.5520%10.11
$760.00$765.00$770.00Sep 14$0.48$4.5221%9.42
$755.00$760.00$765.00Sep 14$0.29$4.7114%16.24
$760.00$765.00$770.00Sep 16$0.43$4.5719%10.63

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 $-9.10, 1,068 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$635.00$700.001:2Sep 8-$9.10$55.90
$665.00$710.001:2Sep 10-$19.24$25.76
$635.00$690.001:2Oct 9-$31.59$23.41
$725.00$750.001:2Sep 17-$1.95$23.05
$635.00$685.001:2Sep 3-$38.73$11.27
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$795.00$785.001:2Sep 14-$2.03$7.97
$825.00$805.001:2Sep 18-$13.23$6.77
$790.00$780.001:2Sep 16-$1.05$8.95
$801.00$791.001:2Sep 10-$7.33$2.67
$830.00$810.001:2Oct 16-$18.22$1.78

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 284 found (best yield 1.77%, avg 0.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$774.00Oct 16$13.710.480.1%1.77%1.83%2451.2K
$775.00Oct 16$13.120.470.2%1.70%1.88%91115.0K
$776.00Oct 16$12.540.470.3%1.62%1.94%2161.4K
$777.00Oct 16$11.980.450.5%1.55%2.00%90908
$778.00Oct 16$11.440.440.6%1.48%2.06%2412.9K
$779.00Oct 16$10.910.430.7%1.41%2.12%2961.9K
$780.00Oct 16$10.390.420.8%1.34%2.18%1.2K5.7K
$781.00Oct 16$9.890.411.0%1.28%2.24%952.2K
$782.00Oct 16$9.410.401.1%1.22%2.31%2161.2K
$783.00Oct 16$8.930.381.2%1.15%2.38%232969

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 5,225,498
Total Puts 5,298,064
Put/Call Ratio 1.01
Net Difference -72,566

Prior's Put/Call Breakdown

Total Calls 3,975,934
Total Puts 4,831,046
Put/Call Ratio 1.22
Net Difference -855,112

Prior 7-Day Put/Call Summary

Total Calls 27,870,175
Total Puts 30,924,794
Average Put/Call Ratio 1.12
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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