Tour v527
SPY
State Street SPDR S&P 500 ETF Trust
$763.06 -0.38%
9/9 15:15

Option Volume

Detail
Current (09/09) 8,312,043
Calls: 3,624,677 (44%)
Puts: 4,687,366 (56%)
Prior (09/08) 9,927,459
Calls: 4,388,399 (44%)
Puts: 5,539,060 (56%)
Current vs Prior -16.27%
Calls: -17.40% (Calls)
Puts: -15.38% (Puts)
Prior 7-Day Total 69,843,774
Calls: 31,891,555 (46%)
Puts: 37,952,219 (54%)
Prior 7-Day Average 9,977,682
Calls: 4,555,936 (46%)
Puts: 5,421,745 (54%)
Current vs Prior 7-Day Avg -16.69%
Calls: -20.44%
Puts: -13.55%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/09) $1.01B
Calls: $540.55M (53%)
Puts: $473.94M (47%)
Prior (09/08) $1.27B
Calls: $499.56M (39%)
Puts: $774.57M (61%)
Current vs Prior -20.38%
Calls: +8.20%
Puts: -38.81%
Prior 7-Day Total $8.37B
Calls: $4.48B (54%)
Puts: $3.89B (46%)
Prior 7-Day Average $1.20B
Calls: $640.08M (54%)
Puts: $556.31M (46%)
Current vs Prior 7-Day Avg -15.20%
Calls: -15.55%
Puts: -14.81%
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 1.20
Current vs Prior 7-Day Avg +7.84%
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 67,022,975
Calls: 17,401,327 (26%)
Puts: 49,621,648 (74%)
Prior 7-Day Average 9,574,710
Calls: 2,485,903 (26%)
Puts: 7,088,806 (74%)
Current vs Prior 7-Day Avg +2.97%
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 0.19% | 0.62%0.19% | 0.95%0.95% | 1.79%1.56% | 3.49%
Prior 0.55% | 0.77%0.55% | 1.05%1.05% | 1.80%1.56% | 3.44%
Current vs Prior -65.35% | -19.32%-65.36% | -9.14%-9.14% | -0.49%+0.30% | +1.33%
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 -65.33% | -18.37%-48.49% | +9.46%+22.70% | +21.91%-15.93% | -2.34%
Prior 7-Day Eod 0.11% | 0.56%0.55% | 1.05%1.05% | 1.80%1.56% | 3.44%
Current vs 7-Day Eod +78.03% | +11.49%-65.36% | -9.14%-9.14% | -0.49%+0.30% | +1.33%
Sentiment BULLISHBULLISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 2.15% | 0.62%
Calls: 2.38% | 0.45%
Puts: 1.92% | 0.79%
Prior 1.20% | 0.85%
Calls: 1.19% | 0.64%
Puts: 1.21% | 1.06%
Current vs Prior +79.17% | -27.06%
Prior 7-Day Avg 1.30% | 0.96%
Calls: 0.81% | 0.79%
Puts: 1.39% | 1.31%
Current vs 7-Day Avg +65.93% | -35.70%
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 2,199 of results (avg 2.5%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 9137.93138.10$138.010.1%1221.00--
$765.00Oct 1612.5012.52$12.510.2%1.4K0.476.1K
$650.00Sep 9112.93113.12$113.030.2%21.001
$635.00Sep 9127.93128.15$128.040.2%11.006
$670.00Sep 992.9293.10$93.010.2%2671.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$796.00Sep 932.9432.96$32.950.1%5691.00--
$790.00Sep 926.9426.96$26.950.1%5521.00--
$734.00Oct 165.175.18$5.180.2%8970.232.5K
$732.00Oct 164.894.90$4.890.2%3360.2137.3K
$860.00Sep 996.8797.07$96.970.2%3481.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 612 found (avg $0.34, cheapest $0.10)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$764.00Sep 90.090.10$0.1010.0%591.8K0.172.0K
$763.00Sep 90.410.42$0.422.4%594.7K0.522.1K
$771.00Sep 100.080.09$0.0911.1%11.7K0.042.4K
$772.00Sep 100.050.06$0.0616.7%5.6K0.033.6K
$770.00Sep 100.140.15$0.156.7%20.0K0.077.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 90.090.10$0.1010.0%723.1K0.176.3K
$763.00Sep 90.350.36$0.362.8%631.4K0.485.0K
$752.00Sep 100.170.18$0.185.6%6.1K0.063.0K
$751.00Sep 100.140.15$0.156.7%3.9K0.05799
$754.00Sep 100.260.27$0.273.7%8.3K0.091.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,194 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 9137.93138.10$138.010.1%1221.00--
$635.00Sep 9127.93128.15$128.040.2%11.006
$645.00Sep 9117.89118.15$118.020.2%51.00--
$650.00Sep 9112.93113.12$113.030.2%21.001
$625.00Sep 10136.33139.84$138.092.5%221.0022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Sep 93.953.97$3.960.5%13.2K1.007.9K
$768.00Sep 94.935.02$4.971.8%4.4K1.004.1K
$769.00Sep 95.936.02$5.981.5%2.5K1.003.7K
$770.00Sep 96.947.02$6.981.1%2.4K1.003.1K
$771.00Sep 97.938.02$7.981.1%6211.001.7K

Most actively traded options today. High liquidity = easy entry/exit. 2,349 active (total vol 8.3M, top 723.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 90.410.42$0.422.4%594.7K0.522.1K
$764.00Sep 90.090.10$0.1010.0%591.8K0.172.0K
$765.00Sep 90.030.04$0.0425.0%482.4K0.065.6K
$762.00Sep 91.131.15$1.141.8%303.9K0.83856
$766.00Sep 90.010.02$0.0250.0%197.4K0.034.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 90.090.10$0.1010.0%723.1K0.176.3K
$763.00Sep 90.350.36$0.362.8%631.4K0.485.0K
$761.00Sep 90.030.04$0.0425.0%509.8K0.064.0K
$760.00Sep 90.020.03$0.0333.3%395.7K0.0413.1K
$764.00Sep 91.031.05$1.041.9%252.2K0.847.0K

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 4.0%, max 10.3%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$762.00Sep 9Oct 2313.4%12.2%10.3%303.9K860
$764.00Sep 9Oct 2312.0%11.9%1.1%592.0K2.0K
$763.00Sep 9Oct 2312.1%12.0%0.6%594.7K2.1K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$762.00Sep 9Oct 2313.4%12.2%10.3%723.2K6.4K
$764.00Sep 9Oct 2312.0%11.9%1.1%252.2K7.1K
$763.00Sep 9Oct 2312.1%12.0%0.6%631.4K5.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 775 found (best R:R 3.35, avg 5.50)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$659.00$660.00Sep 18$0.23$0.77$0.23100%3.35$659.23
$736.00$737.00Sep 25$0.14$0.86$0.1487%6.14$736.14
$728.00$729.00Sep 30$0.17$0.83$0.1789%4.88$728.17
$725.00$726.00Oct 9$0.19$0.81$0.1986%4.26$725.19
$725.00$726.00Sep 18$0.30$0.70$0.3096%2.33$725.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$779.00$778.00Sep 30$0.12$0.88$0.1279%7.33$778.88
$780.00$779.00Sep 18$0.23$0.77$0.2390%3.35$779.77
$781.00$780.00Sep 30$0.17$0.83$0.1782%4.88$780.83
$785.00$784.00Oct 16$0.16$0.84$0.1677%5.25$784.84
$775.00$774.00Sep 25$0.15$0.85$0.1576%5.67$774.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 591 found (best R:R 0.87, avg 0.36)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$770.00Sep 21$2.33$2.33$2.6757%0.87$767.33
$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
$770.00$775.00Sep 22$1.62$1.62$3.3868%0.48$771.62
$770.00$775.00Sep 21$1.57$1.57$3.4369%0.46$771.57
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$763.00$762.00Sep 9$0.26$0.26$0.7452%0.35$762.74
$757.00$756.00Sep 10$0.11$0.11$0.8984%0.12$756.89
$758.00$757.00Sep 10$0.14$0.14$0.8680%0.16$757.86
$742.00$741.00Sep 18$0.12$0.12$0.8884%0.14$741.88
$760.00$759.00Sep 10$0.22$0.22$0.7871%0.28$759.78

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.75, cheapest $1.71)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$763.00Sep 9Sep 10$1.7912.1%12.9%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$763.00Sep 9Sep 10$1.7112.1%12.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,001 found (cheapest 0.10% of stock, avg 4.26%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$763.00Sep 9$0.42$0.36$0.78$762.22$763.780.10%
$764.00Sep 9$0.10$1.04$1.14$762.86$765.140.15%
$762.00Sep 9$1.14$0.10$1.24$760.76$763.240.16%
$765.00Sep 9$0.04$1.98$2.02$762.98$767.020.26%
$761.00Sep 9$2.08$0.04$2.12$758.88$763.120.28%
$766.00Sep 9$0.02$2.96$2.98$763.02$768.980.39%
$760.00Sep 9$3.07$0.03$3.10$756.90$763.100.41%
$767.00Sep 9$0.02$3.96$3.98$763.02$770.980.52%
$759.00Sep 9$4.04$0.02$4.06$754.94$763.060.53%
$764.00Sep 10$1.67$2.54$4.21$759.79$768.210.55%

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
$765.00$762.00Sep 9$0.04$0.10$0.14$761.86$765.14
$764.00$761.00Sep 9$0.10$0.04$0.14$760.86$764.14
$764.00$762.00Sep 9$0.10$0.10$0.20$761.80$764.20
$765.00$763.00Sep 9$0.04$0.36$0.40$762.60$765.40
$764.00$763.00Sep 9$0.10$0.36$0.46$762.54$764.46
$775.00$740.00Sep 14$0.39$0.37$0.76$739.24$775.76
$775.00$745.00Sep 14$0.39$0.57$0.96$744.04$775.96
$775.00$740.00Sep 15$0.56$0.54$1.10$738.90$776.10
$780.00$740.00Sep 16$0.39$0.88$1.27$738.73$781.27

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 361 found (best R:R 1.08, avg credit $0.77)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
741/742769/770Sep 18$0.52$0.4851%1.08$741.48$769.52
741/742770/771Sep 18$0.49$0.5153%0.96$741.51$770.49
735/736770/771Sep 25$0.52$0.4850%1.08$735.48$770.52
728/729772/773Oct 2$0.51$0.4951%1.04$728.49$772.51
744/745769/770Sep 18$0.54$0.4648%1.17$744.46$769.54
733/734772/773Sep 30$0.51$0.4951%1.04$733.49$772.51
736/737772/773Sep 30$0.53$0.4748%1.13$736.47$772.53
728/729773/774Oct 2$0.49$0.5152%0.96$728.51$773.49
744/745770/771Sep 18$0.51$0.4950%1.04$744.49$770.51
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. 328 found (best R:R 30.25, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$745.00$750.00$755.00Sep 14$0.16$4.8414%30.25
$750.00$755.00$760.00Sep 23$0.29$4.7119%16.24
$745.00$750.00$755.00Sep 21$0.23$4.7716%20.74
$755.00$760.00$765.00Sep 14$0.79$4.2133%5.33
$740.00$745.00$750.00Sep 21$0.18$4.8213%26.78
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 14$0.51$4.4924%8.80
$750.00$755.00$760.00Sep 15$0.47$4.5322%9.64
$755.00$760.00$765.00Sep 15$0.74$4.2630%5.76
$755.00$760.00$765.00Sep 14$0.85$4.1533%4.88
$750.00$755.00$760.00Sep 17$0.40$4.6019%11.50

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 $-11.95, 920 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$760.00$765.001:2Sep 14-$0.26$4.74
$760.00$765.001:2Sep 15-$0.69$4.31
$765.00$770.001:2Sep 16-$0.16$4.84
$765.00$770.001:2Sep 17-$0.57$4.43
$755.00$760.001:2Sep 14-$2.46$2.54
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$895.00$835.001:2Sep 11-$11.95$48.05
$790.00$775.001:2Sep 22-$1.30$13.70
$770.00$765.001:2Sep 14-$1.76$3.24
$765.00$760.001:2Sep 14-$0.77$4.23
$770.00$765.001:2Sep 15-$2.21$2.79

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 288 found (best yield 1.93%, avg 0.48%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$764.00Oct 23$14.720.480.1%1.93%2.05%1322
$765.00Oct 23$14.110.470.2%1.85%2.10%248578
$766.00Oct 23$13.520.470.4%1.77%2.16%689
$767.00Oct 23$12.950.450.5%1.70%2.21%1332
$768.00Oct 23$12.390.440.7%1.62%2.27%271.6K
$769.00Oct 23$11.850.430.8%1.55%2.33%2619
$770.00Oct 23$11.330.420.9%1.48%2.39%671.5K
$771.00Oct 23$10.810.411.0%1.42%2.46%1964
$772.00Oct 23$10.290.401.2%1.35%2.52%828
$773.00Oct 23$9.800.391.3%1.28%2.59%421

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 3,624,677
Total Puts 4,687,366
Put/Call Ratio 1.29
Net Difference -1,062,689

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 31,891,555
Total Puts 37,952,219
Average Put/Call Ratio 1.20
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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