Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$767.03 -0.41%
9/8 15:11

Option Volume

Detail
Current (09/08) 8,521,846
Calls: 3,874,198 (45%)
Puts: 4,647,648 (55%)
Prior (09/04) 9,720,323
Calls: 4,423,596 (46%)
Puts: 5,296,727 (54%)
Current vs Prior -12.33%
Calls: -12.42% (Calls)
Puts: -12.25% (Puts)
Prior 7-Day Total 63,593,545
Calls: 29,789,268 (47%)
Puts: 33,804,277 (53%)
Prior 7-Day Average 10,598,924
Calls: 4,255,609 (47%)
Puts: 4,829,182 (53%)
Current vs Prior 7-Day Avg -19.60%
Calls: -8.96%
Puts: -3.76%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/08) $984.59M
Calls: $527.30M (54%)
Puts: $457.29M (46%)
Prior (09/04) $1.07B
Calls: $508.43M (48%)
Puts: $558.15M (52%)
Current vs Prior -7.69%
Calls: +3.71%
Puts: -18.07%
Prior 7-Day Total $7.49B
Calls: $3.84B (51%)
Puts: $3.65B (49%)
Prior 7-Day Average $1.25B
Calls: $549.06M (51%)
Puts: $521.15M (49%)
Current vs Prior 7-Day Avg -21.14%
Calls: -3.96%
Puts: -12.25%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/08) 1.20
Prior (09/04) 1.20
Current vs Prior +0.19%
Prior 7-Day Average 1.14
Current vs Prior 7-Day Avg +4.82%
Sentiment BEARISH

Open Interest

Detail
Current (09/08) 9,674,896
Calls: 2,372,553 (25%)
Puts: 7,302,343 (75%)
Prior (09/04) 9,994,266
Calls: 2,609,755 (26%)
Puts: 7,384,511 (74%)
Current vs Prior -3.20%
Prior 7-Day Total 56,315,594
Calls: 15,004,872 (27%)
Puts: 41,310,722 (73%)
Prior 7-Day Average 9,385,932
Calls: 2,500,812 (27%)
Puts: 6,885,120 (73%)
Current vs Prior 7-Day Avg +3.08%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/08) | Next (09/09)Expiry (09/09) | Next (09/11)Expiry (09/11) | Next (09/18)Expiry (09/15) | Next (10/16)
Current 0.20% | 0.52%0.52% | 1.00%1.00% | 1.75%1.53% | 3.38%
Prior 0.55% | 0.72%0.17% | 0.72%0.17% | 1.10%1.60% | 3.40%
Current vs Prior -63.23% | -28.15%+202.76% | +39.53%+487.89% | +58.49%-4.47% | -0.55%
Prior 7-Day Avg 0.55% | 0.75%0.30% | 0.78%0.63% | 1.36%1.98% | 3.62%
Current vs 7-Day Avg -62.74% | -31.21%+68.91% | +28.09%+59.64% | +28.70%-22.55% | -6.61%
Prior 7-Day Eod 0.55% | 0.72%0.17% | 0.72%0.17% | 1.10%1.60% | 3.40%
Current vs 7-Day Eod -63.23% | -28.15%+202.76% | +39.53%+487.89% | +58.49%-4.47% | -0.55%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.97% | 0.51%
Calls: 2.08% | 0.56%
Puts: 1.85% | 0.46%
Prior 0.48% | 2.48%
Calls: 0.55% | 0.83%
Puts: 0.40% | 4.14%
Current vs Prior +310.42% | -79.44%
Prior 7-Day Avg 1.24% | 1.31%
Calls: 0.89% | 0.94%
Puts: 1.58% | 1.67%
Current vs 7-Day Avg +59.30% | -60.97%
Liquidity Excellent
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.20. Put-heavy open interest (7,302,343 puts vs 2,372,553 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 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 2,331 of results (avg 2.4%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Sep 927.1227.15$27.140.1%821.0049
$741.00Sep 926.1226.15$26.140.1%--1.0022
$625.00Sep 8141.94142.13$142.040.1%--1.0022
$747.00Sep 920.1320.16$20.150.1%171.00101
$742.00Sep 925.1225.16$25.140.2%131.0026
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$800.00Sep 832.9432.97$32.960.1%4291.0016
$855.00Sep 887.8888.07$87.980.2%21.00--
$768.00Sep 113.863.87$3.870.3%6.9K0.537.0K
$782.00Sep 914.9414.98$14.960.3%3110.9954
$781.00Sep 913.9413.98$13.960.3%2790.99273

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 671 found (avg $0.33, cheapest $0.12)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 80.110.12$0.128.3%834.5K0.191.8K
$767.00Sep 80.470.48$0.482.1%560.0K0.521.4K
$774.00Sep 90.060.07$0.0714.3%13.1K0.041.3K
$773.00Sep 90.100.11$0.119.1%17.7K0.062.5K
$772.00Sep 90.180.19$0.195.3%14.7K0.102.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Sep 80.130.14$0.147.1%725.0K0.203.9K
$765.00Sep 80.050.06$0.0616.7%490.3K0.087.1K
$767.00Sep 80.430.44$0.442.3%909.6K0.484.0K
$759.00Sep 90.180.19$0.195.3%13.2K0.071.0K
$758.00Sep 90.140.15$0.156.7%8.3K0.061.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,239 found (avg delta 0.88, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 8141.94142.13$142.040.1%--1.0022
$650.00Sep 8116.90117.13$117.020.2%21.00--
$625.00Sep 9140.24143.74$141.992.5%221.0022
$635.00Sep 9130.24133.74$131.992.7%61.006
$680.00Sep 985.2688.75$87.014.0%21.003
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Sep 83.953.98$3.970.8%13.2K1.006.3K
$772.00Sep 84.954.98$4.970.6%5.5K1.003.6K
$773.00Sep 85.955.98$5.970.5%2.1K1.003.1K
$774.00Sep 86.956.98$6.970.4%1.3K1.001.3K
$775.00Sep 87.957.98$7.970.4%1.3K1.00827

Most actively traded options today. High liquidity = easy entry/exit. 2,545 active (total vol 8.5M, top 909.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 80.110.12$0.128.3%834.5K0.191.8K
$767.00Sep 80.470.48$0.482.1%560.0K0.521.4K
$769.00Sep 80.020.03$0.0333.3%539.3K0.054.0K
$770.00Sep 80.010.02$0.0250.0%461.6K0.038.7K
$771.00Sep 80.010.02$0.0250.0%145.5K0.026.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Sep 80.430.44$0.442.3%909.6K0.484.0K
$766.00Sep 80.130.14$0.147.1%725.0K0.203.9K
$765.00Sep 80.050.06$0.0616.7%490.3K0.087.1K
$768.00Sep 81.071.09$1.081.9%460.9K0.816.0K
$764.00Sep 80.020.03$0.0333.3%298.3K0.043.9K

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 18.8%, max 27.6%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$766.00Sep 8Oct 2314.8%11.6%27.6%137.4K1.1K
$767.00Sep 8Oct 2313.4%11.5%16.2%560.1K1.4K
$768.00Sep 8Oct 2312.8%11.4%12.7%834.5K3.3K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$766.00Sep 8Oct 2314.8%11.6%27.6%725.1K3.9K
$767.00Sep 8Oct 2313.4%11.5%16.2%910.2K4.0K
$768.00Sep 8Oct 2312.8%11.4%12.7%460.9K6.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 750 found (best R:R 1.20, avg 5.28)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$689.00$690.00Sep 18$0.12$0.88$0.12100%7.33$689.12
$740.00$741.00Oct 2$0.13$0.87$0.1383%6.69$740.13
$734.00$735.00Oct 9$0.15$0.85$0.1584%5.67$734.15
$664.00$665.00Sep 30$0.37$0.63$0.37100%1.70$664.37
$731.00$732.00Sep 18$0.34$0.66$0.3496%1.94$731.34
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$775.00$770.00Sep 22$2.27$2.73$2.2771%1.20$772.73
$786.00$785.00Sep 25$0.13$0.87$0.1388%6.69$785.87
$790.00$788.00Oct 9$0.90$1.10$0.9082%1.22$789.10
$787.00$785.00Oct 2$0.97$1.03$0.9783%1.06$786.03
$783.00$782.00Sep 25$0.18$0.82$0.1883%4.56$782.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 570 found (best R:R 0.75, avg 0.36)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 21$2.14$2.14$2.8659%0.75$772.14
$770.00$775.00Sep 22$2.15$2.15$2.8559%0.75$772.15
$770.00$775.00Sep 15$1.84$1.84$3.1660%0.58$771.84
$770.00$775.00Sep 17$2.11$2.11$2.8958%0.73$772.11
$770.00$775.00Sep 14$1.72$1.72$3.2861%0.52$771.72
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$767.00$766.00Sep 8$0.30$0.30$0.7052%0.43$766.70
$762.00$761.00Sep 9$0.11$0.11$0.8984%0.12$761.89
$764.00$763.00Sep 9$0.19$0.19$0.8174%0.23$763.81
$763.00$762.00Sep 9$0.13$0.13$0.8780%0.15$762.87
$765.00$764.00Sep 9$0.24$0.24$0.7667%0.32$764.76

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.27, cheapest $1.23)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Sep 8Sep 9$1.3113.4%10.3%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Sep 8Sep 9$1.2313.4%10.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,035 found (cheapest 0.12% of stock, avg 4.09%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$767.00Sep 8$0.48$0.44$0.92$766.08$767.920.12%
$768.00Sep 8$0.12$1.08$1.20$766.80$769.200.16%
$766.00Sep 8$1.18$0.14$1.32$764.68$767.320.17%
$769.00Sep 8$0.03$1.99$2.02$766.98$771.020.26%
$765.00Sep 8$2.09$0.06$2.15$762.85$767.150.28%
$770.00Sep 8$0.02$2.98$3.00$767.00$773.000.39%
$764.00Sep 8$3.07$0.03$3.10$760.90$767.100.40%
$767.00Sep 9$1.79$1.67$3.46$763.54$770.460.45%
$768.00Sep 9$1.27$2.16$3.43$764.57$771.430.45%
$769.00Sep 9$0.85$2.74$3.59$765.41$772.590.47%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 371 found (cheapest 0.01% of stock, avg 1.39%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$769.00$765.00Sep 8$0.03$0.06$0.09$764.91$769.09
$768.00$765.00Sep 8$0.12$0.06$0.18$764.82$768.18
$769.00$766.00Sep 8$0.03$0.14$0.17$765.83$769.17
$768.00$766.00Sep 8$0.12$0.14$0.26$765.74$768.26
$768.00$767.00Sep 8$0.12$0.44$0.56$766.44$768.56
$780.00$745.00Sep 14$0.32$0.42$0.74$744.26$780.74
$769.00$767.00Sep 8$0.03$0.44$0.47$766.53$769.47
$772.00$763.00Sep 9$0.19$0.56$0.75$762.25$772.75
$771.00$763.00Sep 9$0.33$0.56$0.89$762.11$771.89
$780.00$745.00Sep 15$0.45$0.57$1.02$743.98$781.02

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 350 found (best R:R 1.08, avg credit $0.66)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
730/731777/778Oct 9$0.52$0.4849%1.08$730.48$777.52
731/732777/778Oct 9$0.52$0.4849%1.08$731.48$777.52
736/737775/776Sep 30$0.50$0.5050%1.00$736.50$775.50
736/737776/777Oct 2$0.51$0.4950%1.04$736.49$776.51
746/747774/775Sep 18$0.47$0.5353%0.89$746.53$774.47
746/747776/777Sep 18$0.42$0.5858%0.72$746.58$776.42
748/749774/775Sep 18$0.49$0.5151%0.96$748.51$774.49
748/749776/777Sep 18$0.44$0.5656%0.79$748.56$776.44
739/740776/777Sep 25$0.45$0.5555%0.82$739.55$776.45
736/737776/777Sep 30$0.48$0.5252%0.92$736.52$776.48

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 364 found (best R:R 22.81, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 15$0.21$4.7916%22.81
$755.00$760.00$765.00Sep 14$0.54$4.4626%8.26
$760.00$765.00$770.00Sep 15$0.77$4.2332%5.49
$760.00$765.00$770.00Sep 14$0.87$4.1335%4.75
$755.00$760.00$765.00Sep 16$0.47$4.5322%9.64
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 15$0.51$4.4924%8.80
$755.00$760.00$765.00Sep 14$0.56$4.4426%7.93
$760.00$765.00$770.00Sep 14$0.88$4.1235%4.68
$755.00$760.00$765.00Sep 17$0.45$4.5521%10.11
$755.00$760.00$765.00Sep 16$0.49$4.5122%9.20

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,044 found (best net $-1.82, 1,014 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$655.00$700.001:2Sep 10-$22.07$22.93
$725.00$745.001:2Sep 17-$4.10$15.90
$725.00$745.001:2Sep 22-$4.86$15.14
$720.00$740.001:2Sep 16-$8.48$11.52
$635.00$680.001:2Sep 9-$42.03$2.97
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$824.00$795.001:2Oct 9-$1.82$27.18
$810.00$790.001:2Sep 16-$3.62$16.38
$790.00$780.001:2Sep 17-$3.85$6.15
$775.00$770.001:2Sep 14-$2.05$2.95
$770.00$765.001:2Sep 14-$0.97$4.03

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 288 found (best yield 1.88%, avg 0.46%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$768.00Oct 23$14.430.480.1%1.88%2.01%741.5K
$769.00Oct 23$13.840.470.3%1.80%2.06%1010
$770.00Oct 23$13.260.460.4%1.73%2.12%551.5K
$771.00Oct 23$12.690.450.5%1.65%2.17%464
$772.00Oct 23$12.140.440.7%1.58%2.23%622
$773.00Oct 23$11.600.430.8%1.51%2.29%1918
$774.00Oct 23$11.070.420.9%1.44%2.35%869
$775.00Oct 23$10.560.411.0%1.38%2.42%21306
$776.00Oct 23$10.060.401.2%1.31%2.48%452
$777.00Oct 23$9.580.391.3%1.25%2.55%610

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 3,874,198
Total Puts 4,647,648
Put/Call Ratio 1.20
Net Difference -773,450

Prior's Put/Call Breakdown

Total Calls 4,423,596
Total Puts 5,296,727
Put/Call Ratio 1.20
Net Difference -873,131

Prior 7-Day Put/Call Summary

Total Calls 29,789,268
Total Puts 33,804,277
Average Put/Call Ratio 1.14
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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