Tour v527
SPY
State Street SPDR S&P 500 ETF Trust
$757.74 -0.61%
9/10 15:11

Option Volume

Detail
Current (09/10) 9,240,257
Calls: 4,006,849 (43%)
Puts: 5,233,408 (57%)
Prior (09/09) 9,394,985
Calls: 4,070,635 (43%)
Puts: 5,324,350 (57%)
Current vs Prior -1.65%
Calls: -1.57% (Calls)
Puts: -1.71% (Puts)
Prior 7-Day Total 61,616,339
Calls: 28,090,816 (46%)
Puts: 33,525,523 (54%)
Prior 7-Day Average 10,269,389
Calls: 4,012,973 (46%)
Puts: 4,789,360 (54%)
Current vs Prior 7-Day Avg -10.02%
Calls: -0.15%
Puts: +9.27%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/10) $1.49B
Calls: $580.63M (39%)
Puts: $911.39M (61%)
Prior (09/09) $1.10B
Calls: $523.62M (47%)
Puts: $579.78M (53%)
Current vs Prior +35.22%
Calls: +10.89%
Puts: +57.20%
Prior 7-Day Total $7.59B
Calls: $3.89B (51%)
Puts: $3.70B (49%)
Prior 7-Day Average $1.26B
Calls: $555.61M (51%)
Puts: $528.03M (49%)
Current vs Prior 7-Day Avg +18.02%
Calls: +4.50%
Puts: +72.60%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/10) 1.31
Prior (09/09) 1.31
Current vs Prior -0.14%
Prior 7-Day Average 1.20
Current vs Prior 7-Day Avg +8.60%
Sentiment BEARISH

Open Interest

Detail
Current (09/10) 9,970,770
Calls: 2,541,397 (25%)
Puts: 7,429,373 (75%)
Prior (09/09) 9,858,710
Calls: 2,457,192 (25%)
Puts: 7,401,518 (75%)
Current vs Prior +1.14%
Prior 7-Day Total 58,340,076
Calls: 15,002,311 (26%)
Puts: 43,337,765 (74%)
Prior 7-Day Average 9,723,346
Calls: 2,500,385 (26%)
Puts: 7,222,960 (74%)
Current vs Prior 7-Day Avg +2.54%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/10) | Next (09/11)Expiry (09/11) | Next (09/14)Expiry (09/11) | Next (09/18)Expiry (09/15) | Next (10/16)
Current 0.25% | 0.92%0.92% | 1.16%0.92% | 1.96%1.34% | 3.74%
Prior 0.62% | 0.96%0.14% | 0.96%0.96% | 1.82%1.58% | 3.52%
Current vs Prior -59.67% | -4.45%+568.99% | +20.73%-4.45% | +7.20%-15.22% | +6.12%
Prior 7-Day Avg 0.57% | 0.81%0.37% | 0.92%0.77% | 1.51%1.76% | 3.55%
Current vs 7-Day Avg -56.38% | +13.47%+149.11% | +26.74%+20.14% | +29.23%-24.04% | +5.42%
Prior 7-Day Eod 0.62% | 0.96%0.14% | 0.96%0.96% | 1.82%1.58% | 3.52%
Current vs 7-Day Eod -59.67% | -4.45%+568.99% | +20.73%-4.45% | +7.20%-15.22% | +6.12%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.08% | 0.45%
Calls: 0.90% | 0.26%
Puts: 1.27% | 0.63%
Prior 0.84% | 0.55%
Calls: 0.80% | 0.51%
Puts: 0.89% | 0.59%
Current vs Prior +28.57% | -18.18%
Prior 7-Day Avg 0.94% | 1.01%
Calls: 0.85% | 0.74%
Puts: 1.02% | 1.28%
Current vs 7-Day Avg +15.30% | -55.37%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 61% put dollar volume ($911.39M). Bearish P/C ratio of 1.31 indicates protective positioning. Put-heavy open interest (7,429,373 puts vs 2,541,397 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 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 2,869 of results (avg 2.3%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$722.00Sep 1136.0436.07$36.060.1%1090.9958
$710.00Sep 1148.0148.05$48.030.1%7290.9984
$718.00Sep 1140.0240.07$40.050.1%1200.9914
$727.00Sep 1131.0531.09$31.070.1%1110.9968
$730.00Sep 1128.0628.10$28.080.1%6250.98115
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$759.00Sep 113.673.68$3.680.3%32.0K0.553.8K
$752.00Sep 163.663.67$3.670.3%1.0K0.35--
$751.00Sep 163.403.41$3.410.3%4020.33--
$756.00Sep 143.303.31$3.310.3%3.5K0.43--
$750.00Sep 163.163.17$3.170.3%1.3K0.311.7K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 716 found (avg $0.36, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$760.00Sep 100.080.09$0.0911.1%600.7K0.101.6K
$759.00Sep 100.200.21$0.214.8%594.4K0.22536
$758.00Sep 100.520.53$0.531.9%464.6K0.43434
$773.00Sep 110.050.06$0.0616.7%6.5K0.025.3K
$772.00Sep 110.070.08$0.0812.5%6.5K0.037.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$755.00Sep 100.060.07$0.0714.3%363.3K0.087.4K
$756.00Sep 100.150.16$0.166.3%372.6K0.172.9K
$757.00Sep 100.360.37$0.372.7%625.6K0.345.3K
$758.00Sep 100.780.79$0.791.3%655.5K0.574.1K
$742.00Sep 110.250.26$0.263.8%4.7K0.061.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,413 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Sep 10137.63137.95$137.790.2%51.00--
$635.00Sep 10122.68122.91$122.800.2%41.005
$640.00Sep 10117.68117.88$117.780.2%51.00--
$645.00Sep 10112.61112.88$112.750.2%61.00--
$610.00Sep 11147.62150.02$148.821.6%81.0011
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 105.275.29$5.280.4%9.0K1.008.3K
$764.00Sep 106.266.29$6.280.5%4.7K1.005.7K
$765.00Sep 107.267.29$7.280.4%2.8K1.003.6K
$766.00Sep 108.208.29$8.241.1%1.6K1.002.8K
$767.00Sep 109.209.30$9.251.1%1.6K1.002.7K

Most actively traded options today. High liquidity = easy entry/exit. 3,007 active (total vol 9.2M, top 655.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$760.00Sep 100.080.09$0.0911.1%600.7K0.101.6K
$759.00Sep 100.200.21$0.214.8%594.4K0.22536
$758.00Sep 100.520.53$0.531.9%464.6K0.43434
$761.00Sep 100.040.05$0.0520.0%314.3K0.054.3K
$762.00Sep 100.020.03$0.0333.3%244.9K0.034.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$758.00Sep 100.780.79$0.791.3%655.5K0.574.1K
$757.00Sep 100.360.37$0.372.7%625.6K0.345.3K
$759.00Sep 101.461.47$1.470.7%394.6K0.785.7K
$756.00Sep 100.150.16$0.166.3%372.6K0.172.9K
$755.00Sep 100.060.07$0.0714.3%363.3K0.087.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 54.9%, max 60.5%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$756.00Sep 10Oct 2321.3%13.3%60.5%53.3K554
$757.00Sep 10Oct 2320.4%13.2%54.9%162.1K732
$759.00Sep 10Oct 2319.8%12.9%53.9%594.5K545
$758.00Sep 10Oct 2319.6%13.0%50.2%464.7K437
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$756.00Sep 10Oct 2321.3%13.3%60.5%372.6K2.9K
$757.00Sep 10Oct 2320.4%13.2%54.9%625.7K5.4K
$759.00Sep 10Oct 2319.8%12.9%53.9%394.6K5.7K
$758.00Sep 10Oct 2319.6%13.0%50.2%655.5K4.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,105 found (best R:R 0.52, avg 5.14)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$610.00$615.00Oct 16$3.29$1.71$3.29100%0.52$613.29
$708.00$710.00Oct 16$0.91$1.09$0.9187%1.20$708.91
$715.00$716.00Sep 11$0.22$0.78$0.2299%3.55$715.22
$690.00$691.00Sep 11$0.30$0.70$0.30100%2.33$690.30
$608.00$609.00Sep 30$0.36$0.64$0.36100%1.78$608.36
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$800.00$799.00Sep 14$0.11$0.89$0.11100%8.09$799.89
$791.00$790.00Sep 14$0.14$0.86$0.14100%6.14$790.86
$790.00$789.00Sep 14$0.19$0.81$0.19100%4.26$789.81
$817.00$816.00Sep 11$0.24$0.76$0.24100%3.17$816.76
$786.00$785.00Sep 11$0.25$0.75$0.25100%3.00$785.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 825 found (best R:R 0.96, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$760.00$765.00Sep 24$2.45$2.45$2.5557%0.96$762.45
$765.00$770.00Sep 24$1.85$1.85$3.1566%0.59$766.85
$770.00$775.00Sep 24$1.23$1.23$3.7776%0.33$771.23
$775.00$780.00Sep 24$0.71$0.71$4.2985%0.17$775.71
$759.00$760.00Oct 23$0.61$0.61$0.3952%1.56$759.61
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$757.00$756.00Sep 10$0.21$0.21$0.7966%0.27$756.79
$748.00$747.00Sep 11$0.11$0.11$0.8986%0.12$747.89
$750.00$749.00Sep 11$0.15$0.15$0.8581%0.18$749.85
$752.00$751.00Sep 11$0.20$0.20$0.8075%0.25$751.80
$749.00$748.00Sep 11$0.12$0.12$0.8884%0.14$748.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $2.54, cheapest $2.41)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$757.00Sep 10Sep 11$2.6720.4%19.9%
$758.00Sep 10Sep 11$2.6819.6%20.1%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$757.00Sep 10Sep 11$2.4120.4%19.9%
$758.00Sep 10Sep 11$2.4119.6%20.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,196 found (cheapest 0.17% of stock, avg 4.07%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$758.00Sep 10$0.53$0.79$1.32$756.68$759.320.17%
$757.00Sep 10$1.11$0.37$1.48$755.52$758.480.20%
$759.00Sep 10$0.21$1.47$1.68$757.32$760.680.22%
$756.00Sep 10$1.89$0.16$2.05$753.95$758.050.27%
$760.00Sep 10$0.09$2.34$2.43$757.57$762.430.32%
$755.00Sep 10$2.81$0.07$2.88$752.12$757.880.38%
$761.00Sep 10$0.05$3.30$3.35$757.65$764.350.44%
$754.00Sep 10$3.78$0.04$3.82$750.18$757.820.50%
$762.00Sep 10$0.03$4.29$4.32$757.68$766.320.57%
$753.00Sep 10$4.76$0.03$4.79$748.21$757.790.63%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 412 found (cheapest 0.02% of stock, avg 1.83%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$761.00$755.00Sep 10$0.05$0.07$0.12$754.88$761.12
$760.00$755.00Sep 10$0.09$0.07$0.16$754.84$760.16
$760.00$756.00Sep 10$0.09$0.16$0.25$755.75$760.25
$761.00$756.00Sep 10$0.05$0.16$0.21$755.79$761.21
$759.00$755.00Sep 10$0.21$0.07$0.28$754.72$759.28
$759.00$756.00Sep 10$0.21$0.16$0.37$755.63$759.37
$760.00$757.00Sep 10$0.09$0.37$0.46$756.54$760.46
$761.00$757.00Sep 10$0.05$0.37$0.42$756.58$761.42
$759.00$757.00Sep 10$0.21$0.37$0.58$756.42$759.58
$758.00$756.00Sep 10$0.53$0.16$0.69$755.31$758.69

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 497 found (best R:R 1.17, avg credit $0.58)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
728/729764/765Sep 23$0.54$0.4650%1.17$728.46$764.54
721/722767/768Oct 2$0.54$0.4650%1.17$721.46$767.54
730/731766/767Sep 25$0.54$0.4649%1.17$730.46$766.54
733/734765/766Sep 21$0.52$0.4851%1.08$733.48$765.52
731/732765/766Sep 22$0.52$0.4851%1.08$731.48$765.52
723/724766/767Sep 30$0.54$0.4649%1.17$723.46$766.54
730/731765/766Sep 22$0.51$0.4952%1.04$730.49$765.51
731/732764/765Sep 22$0.54$0.4649%1.17$731.46$764.54
726/727766/767Sep 25$0.51$0.4952%1.04$726.49$766.51
725/726766/767Sep 30$0.55$0.4548%1.22$725.45$766.55

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 281 found (best R:R 19.83, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$700.00$710.00$720.00Sep 16$0.05$9.953%199.00
$725.00$730.00$735.00Oct 23$0.10$4.906%49.00
$715.00$720.00$725.00Sep 23$0.07$4.935%70.43
$726.00$730.00$734.00Oct 9$0.07$3.936%56.14
$756.00$757.00$758.00Sep 10$0.20$0.8040%4.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 24$0.24$4.7619%19.83
$745.00$750.00$755.00Sep 24$0.35$4.6516%13.29
$740.00$745.00$750.00Sep 24$0.27$4.7313%17.52
$735.00$740.00$745.00Sep 24$0.22$4.7811%21.73
$730.00$735.00$740.00Sep 24$0.17$4.839%28.41

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,047 found (best net $-1.40, 1,035 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$695.00$720.001:2Sep 24-$15.26$9.74
$725.00$740.001:2Sep 21-$6.80$8.20
$690.00$715.001:2Sep 23-$19.63$5.37
$705.00$725.001:2Sep 17-$15.37$4.63
$730.00$742.001:2Sep 23-$8.86$3.14
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$900.00$830.001:2Sep 11-$1.40$68.60
$821.00$795.001:2Oct 23-$13.11$12.89
$759.00$758.001:2Sep 10-$0.11$0.89
$760.00$759.001:2Sep 10-$0.60$0.40
$690.00$675.001:2Sep 23-$0.23$14.77

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 415 found (best yield 2.10%, avg 0.48%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$758.00Oct 23$15.900.490.0%2.10%2.13%1093
$759.00Oct 23$15.300.470.2%2.02%2.19%989
$760.00Oct 23$14.680.470.3%1.94%2.24%4685
$761.00Oct 23$14.090.460.4%1.86%2.29%76
$762.00Oct 23$13.510.450.6%1.78%2.35%1617
$763.00Oct 23$12.940.440.7%1.71%2.40%1110
$764.00Oct 23$12.380.430.8%1.63%2.46%56119
$765.00Oct 23$11.840.421.0%1.56%2.52%71886
$766.00Oct 23$11.310.411.1%1.49%2.58%3028
$767.00Oct 23$10.790.401.2%1.42%2.65%739

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 4,006,849
Total Puts 5,233,408
Put/Call Ratio 1.31
Net Difference -1,226,559

Prior's Put/Call Breakdown

Total Calls 4,070,635
Total Puts 5,324,350
Put/Call Ratio 1.31
Net Difference -1,253,715

Prior 7-Day Put/Call Summary

Total Calls 28,090,816
Total Puts 33,525,523
Average Put/Call Ratio 1.20
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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