Tour v527
SPY
State Street SPDR S&P 500 ETF Trust
$763.00 -0.39%
9/9 15:13

Option Volume

Detail
Current (09/09) 8,280,121
Calls: 3,610,913 (44%)
Puts: 4,669,208 (56%)
Prior (09/08) 9,927,459
Calls: 4,388,399 (44%)
Puts: 5,539,060 (56%)
Current vs Prior -16.59%
Calls: -17.72% (Calls)
Puts: -15.70% (Puts)
Prior 7-Day Total 61,563,653
Calls: 28,280,642 (46%)
Puts: 33,283,011 (54%)
Prior 7-Day Average 10,260,608
Calls: 4,040,091 (46%)
Puts: 4,754,715 (54%)
Current vs Prior 7-Day Avg -19.30%
Calls: -10.62%
Puts: -1.80%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/09) $1.01B
Calls: $536.34M (53%)
Puts: $478.64M (47%)
Prior (09/08) $1.27B
Calls: $499.56M (39%)
Puts: $774.57M (61%)
Current vs Prior -20.34%
Calls: +7.36%
Puts: -38.21%
Prior 7-Day Total $7.36B
Calls: $3.94B (54%)
Puts: $3.42B (46%)
Prior 7-Day Average $1.23B
Calls: $563.46M (54%)
Puts: $487.94M (46%)
Current vs Prior 7-Day Avg -17.25%
Calls: -4.81%
Puts: -1.91%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/09) 1.29
Prior (09/08) 1.26
Current vs Prior +2.45%
Prior 7-Day Average 1.18
Current vs Prior 7-Day Avg +9.26%
Sentiment BEARISH

Open Interest

Detail
Current (09/09) 9,858,710
Calls: 2,457,192 (25%)
Puts: 7,401,518 (75%)
Prior (09/08) 9,674,896
Calls: 2,372,553 (25%)
Puts: 7,302,343 (75%)
Current vs Prior +1.90%
Prior 7-Day Total 57,164,265
Calls: 14,944,135 (26%)
Puts: 42,220,130 (74%)
Prior 7-Day Average 9,527,377
Calls: 2,490,689 (26%)
Puts: 7,036,688 (74%)
Current vs Prior 7-Day Avg +3.48%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/09) | Next (09/10)Expiry (09/09) | Next (09/11)Expiry (09/11) | Next (09/18)Expiry (09/15) | Next (10/16)
Current 0.11% | 0.56%0.11% | 0.89%0.89% | 1.73%1.57% | 3.43%
Prior 0.55% | 0.77%0.55% | 1.05%1.05% | 1.80%1.56% | 3.44%
Current vs Prior -80.54% | -27.64%-80.53% | -14.76%-14.76% | -3.91%+0.39% | -0.30%
Prior 7-Day Avg 0.55% | 0.76%0.37% | 0.87%0.78% | 1.47%1.86% | 3.57%
Current vs 7-Day Avg -80.53% | -26.79%-71.06% | +2.68%+15.10% | +17.72%-15.86% | -3.91%
Prior 7-Day Eod 0.55% | 0.77%0.55% | 1.05%1.05% | 1.80%1.56% | 3.44%
Current vs 7-Day Eod -80.54% | -27.64%-80.53% | -14.76%-14.76% | -3.91%+0.39% | -0.30%
Sentiment BULLISHBULLISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 2.44% | 0.47%
Calls: 2.44% | 0.46%
Puts: 2.44% | 0.48%
Prior 1.20% | 0.85%
Calls: 1.19% | 0.64%
Puts: 1.21% | 1.06%
Current vs Prior +103.33% | -44.71%
Prior 7-Day Avg 1.10% | 1.05%
Calls: 0.81% | 0.79%
Puts: 1.39% | 1.31%
Current vs 7-Day Avg +120.81% | -55.10%
Liquidity Excellent
+
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🤖 AI Insights

Bearish P/C ratio of 1.29 indicates protective positioning. Put-heavy open interest (7,401,518 puts vs 2,457,192 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 BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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 2,204 of results (avg 2.6%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$645.00Sep 9117.96118.15$118.060.2%51.00--
$625.00Sep 9137.85138.13$137.990.2%1221.00--
$650.00Sep 9112.87113.13$113.000.2%21.001
$690.00Sep 972.9673.13$73.040.2%121.002
$635.00Sep 9127.83128.13$127.980.2%11.006
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$796.00Sep 932.9833.01$32.990.1%5641.00--
$790.00Sep 926.9827.01$27.000.1%5161.00--
$737.00Oct 165.645.65$5.650.2%9780.251.7K
$736.00Oct 165.485.49$5.490.2%5790.2426.4K
$855.00Sep 991.8792.04$91.960.2%21.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 612 found (avg $0.34, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$764.00Sep 90.100.11$0.119.1%588.4K0.182.0K
$763.00Sep 90.400.41$0.412.4%590.1K0.492.1K
$772.00Sep 100.050.06$0.0616.7%5.6K0.033.6K
$771.00Sep 100.080.09$0.0911.1%11.7K0.042.4K
$770.00Sep 100.140.15$0.156.7%20.0K0.077.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 90.100.11$0.119.1%719.0K0.186.3K
$763.00Sep 90.400.41$0.412.4%628.2K0.515.0K
$753.00Sep 100.210.22$0.224.5%6.9K0.07907
$752.00Sep 100.170.18$0.185.6%6.1K0.063.0K
$751.00Sep 100.140.15$0.156.7%3.8K0.05799

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,193 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 9137.85138.13$137.990.2%1221.00--
$635.00Sep 9127.83128.13$127.980.2%11.006
$645.00Sep 9117.96118.15$118.060.2%51.00--
$650.00Sep 9112.87113.13$113.000.2%21.001
$625.00Sep 10136.33139.84$138.092.5%221.0022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Sep 93.994.02$4.010.7%13.0K1.007.9K
$768.00Sep 94.985.03$5.011.0%4.4K1.004.1K
$769.00Sep 95.976.04$6.011.2%2.5K1.003.7K
$770.00Sep 96.957.04$7.001.3%2.4K1.003.1K
$771.00Sep 97.948.04$7.991.3%6211.001.7K

Most actively traded options today. High liquidity = easy entry/exit. 2,348 active (total vol 8.3M, top 719.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 90.400.41$0.412.4%590.1K0.492.1K
$764.00Sep 90.100.11$0.119.1%588.4K0.182.0K
$765.00Sep 90.030.04$0.0425.0%482.1K0.065.6K
$762.00Sep 91.101.12$1.111.8%303.3K0.82856
$766.00Sep 90.010.02$0.0250.0%197.3K0.034.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 90.100.11$0.119.1%719.0K0.186.3K
$763.00Sep 90.400.41$0.412.4%628.2K0.515.0K
$761.00Sep 90.030.04$0.0425.0%509.4K0.064.0K
$760.00Sep 90.020.03$0.0333.3%395.5K0.0413.1K
$764.00Sep 91.091.10$1.100.9%251.4K0.827.0K

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 6.5%, max 11.1%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$764.00Sep 9Oct 2313.2%11.9%11.1%588.6K2.0K
$762.00Sep 9Oct 2313.0%12.1%7.2%303.3K860
$763.00Sep 9Oct 2312.2%12.0%1.2%590.1K2.1K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$764.00Sep 9Oct 2313.2%11.9%11.1%251.4K7.1K
$762.00Sep 9Oct 2313.0%12.1%7.2%719.1K6.4K
$763.00Sep 9Oct 2312.2%12.0%1.2%628.2K5.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 782 found (best R:R 0.96, avg 5.49)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$710.00$712.00Oct 16$1.02$0.98$1.0290%0.96$711.02
$726.00$727.00Sep 30$0.15$0.85$0.1590%5.67$726.15
$659.00$660.00Sep 18$0.26$0.74$0.26100%2.85$659.26
$678.00$680.00Sep 18$1.27$0.73$1.27100%0.57$679.27
$725.00$726.00Oct 9$0.13$0.87$0.1386%6.69$725.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$778.00$777.00Sep 18$0.13$0.87$0.1387%6.69$777.87
$780.00$779.00Sep 25$0.13$0.87$0.1384%6.69$779.87
$780.00$779.00Sep 18$0.22$0.78$0.2290%3.55$779.78
$785.00$784.00Oct 16$0.14$0.86$0.1477%6.14$784.86
$783.00$782.00Sep 25$0.26$0.74$0.2689%2.85$782.74

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 581 found (best R:R 0.89, avg 0.35)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$770.00Sep 22$2.35$2.35$2.6557%0.89$767.35
$765.00$770.00Sep 23$2.37$2.37$2.6357%0.90$767.37
$765.00$770.00Sep 21$2.32$2.32$2.6857%0.87$767.32
$770.00$775.00Sep 23$1.67$1.67$3.3368%0.50$771.67
$765.00$770.00Sep 17$2.30$2.30$2.7055%0.85$767.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$757.00$756.00Sep 10$0.12$0.12$0.8884%0.14$756.88
$758.00$757.00Sep 11$0.23$0.23$0.7772%0.30$757.77
$758.00$757.00Sep 10$0.14$0.14$0.8680%0.16$757.86
$759.00$758.00Sep 10$0.18$0.18$0.8275%0.22$758.82
$754.00$753.00Sep 11$0.12$0.12$0.8883%0.14$753.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.72, cheapest $1.68)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$763.00Sep 9Sep 10$1.7612.2%12.9%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$763.00Sep 9Sep 10$1.6812.2%12.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,001 found (cheapest 0.11% of stock, avg 4.25%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$763.00Sep 9$0.41$0.41$0.82$762.18$763.820.11%
$762.00Sep 9$1.11$0.11$1.22$760.78$763.220.16%
$764.00Sep 9$0.11$1.10$1.21$762.79$765.210.16%
$761.00Sep 9$2.04$0.04$2.08$758.92$763.080.27%
$765.00Sep 9$0.04$2.02$2.06$762.94$767.060.27%
$760.00Sep 9$3.02$0.03$3.05$756.95$763.050.40%
$766.00Sep 9$0.02$3.01$3.03$762.97$769.030.40%
$759.00Sep 9$4.03$0.02$4.05$754.95$763.050.53%
$767.00Sep 9$0.02$4.01$4.03$762.97$771.030.53%
$764.00Sep 10$1.65$2.58$4.23$759.77$768.230.55%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 376 found (cheapest 0.01% of stock, avg 1.46%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$765.00$761.00Sep 9$0.04$0.04$0.08$760.92$765.08
$764.00$761.00Sep 9$0.11$0.04$0.15$760.85$764.15
$765.00$762.00Sep 9$0.04$0.11$0.15$761.85$765.15
$764.00$762.00Sep 9$0.11$0.11$0.22$761.78$764.22
$763.00$762.00Sep 9$0.41$0.11$0.52$761.48$763.52
$775.00$740.00Sep 14$0.39$0.36$0.75$739.25$775.75
$763.00$761.00Sep 9$0.41$0.04$0.45$760.55$763.45
$775.00$745.00Sep 14$0.39$0.57$0.96$744.04$775.96
$775.00$740.00Sep 15$0.56$0.53$1.09$738.91$776.09
$768.00$758.00Sep 10$0.39$0.69$1.08$756.92$769.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 364 found (best R:R 0.96, avg credit $0.76)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
741/742770/771Sep 18$0.49$0.5154%0.96$741.51$770.49
742/743770/771Sep 18$0.50$0.5052%1.00$742.50$770.50
745/746770/771Sep 18$0.53$0.4749%1.13$745.47$770.53
747/748770/771Sep 18$0.55$0.4547%1.22$747.45$770.55
730/731771/772Sep 30$0.51$0.4951%1.04$730.49$771.51
730/731772/773Sep 30$0.49$0.5152%0.96$730.51$772.49
732/733771/772Sep 30$0.52$0.4849%1.08$732.48$771.52
730/731773/774Sep 30$0.47$0.5354%0.89$730.53$773.47
729/730772/773Oct 2$0.51$0.4950%1.04$729.49$772.51
732/733772/773Sep 30$0.50$0.5051%1.00$732.50$772.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 320 found (best R:R 17.52, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 23$0.27$4.7319%17.52
$740.00$745.00$750.00Sep 21$0.12$4.8813%40.67
$745.00$750.00$755.00Sep 14$0.21$4.7915%22.81
$755.00$760.00$765.00Sep 15$0.72$4.2831%5.94
$745.00$750.00$755.00Sep 21$0.27$4.7316%17.52
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.81$4.1933%5.17
$750.00$755.00$760.00Sep 15$0.48$4.5223%9.42
$755.00$760.00$765.00Sep 15$0.75$4.2531%5.67
$750.00$755.00$760.00Sep 14$0.53$4.4724%8.43
$775.00$780.00$785.00Sep 16$0.23$4.7713%20.74

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 952 found (best net $-0.43, 920 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$760.00$765.001:2Sep 14-$0.25$4.75
$760.00$765.001:2Sep 15-$0.67$4.33
$765.00$770.001:2Sep 16-$0.17$4.83
$765.00$770.001:2Sep 17-$0.54$4.46
$755.00$760.001:2Sep 14-$2.41$2.59
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$895.00$830.001:2Sep 11-$0.43$64.57
$790.00$775.001:2Sep 22-$1.38$13.62
$770.00$765.001:2Sep 14-$1.78$3.22
$765.00$760.001:2Sep 14-$0.82$4.18
$770.00$765.001:2Sep 15-$2.30$2.70

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 298 found (best yield 2.00%, avg 0.50%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$763.00Oct 23$15.280.490.0%2.00%2.00%251
$764.00Oct 23$14.670.480.1%1.92%2.05%1322
$765.00Oct 23$14.070.470.3%1.84%2.11%248578
$766.00Oct 23$13.490.460.4%1.77%2.16%689
$767.00Oct 23$12.920.450.5%1.69%2.22%1332
$768.00Oct 23$12.360.440.7%1.62%2.28%271.6K
$769.00Oct 23$11.820.430.8%1.55%2.34%2619
$770.00Oct 23$11.290.420.9%1.48%2.40%671.5K
$771.00Oct 23$10.770.411.1%1.41%2.46%1964
$772.00Oct 23$10.260.401.2%1.34%2.52%828

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 3,610,913
Total Puts 4,669,208
Put/Call Ratio 1.29
Net Difference -1,058,295

Prior's Put/Call Breakdown

Total Calls 4,388,399
Total Puts 5,539,060
Put/Call Ratio 1.26
Net Difference -1,150,661

Prior 7-Day Put/Call Summary

Total Calls 28,280,642
Total Puts 33,283,011
Average Put/Call Ratio 1.18
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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