Tour v527
SPY
State Street SPDR S&P 500 ETF Trust
$757.87 -0.59%
9/10 15:13

Option Volume

Detail
Current (09/10) 9,285,655
Calls: 4,026,138 (43%)
Puts: 5,259,517 (57%)
Prior (09/09) 9,394,985
Calls: 4,070,635 (43%)
Puts: 5,324,350 (57%)
Current vs Prior -1.16%
Calls: -1.09% (Calls)
Puts: -1.22% (Puts)
Prior 7-Day Total 70,856,596
Calls: 32,097,665 (45%)
Puts: 38,758,931 (55%)
Prior 7-Day Average 10,122,370
Calls: 4,585,380 (45%)
Puts: 5,536,990 (55%)
Current vs Prior 7-Day Avg -8.27%
Calls: -12.20%
Puts: -5.01%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/10) $1.49B
Calls: $596.45M (40%)
Puts: $893.15M (60%)
Prior (09/09) $1.10B
Calls: $523.62M (47%)
Puts: $579.78M (53%)
Current vs Prior +35.00%
Calls: +13.91%
Puts: +54.05%
Prior 7-Day Total $9.08B
Calls: $4.47B (49%)
Puts: $4.61B (51%)
Prior 7-Day Average $1.30B
Calls: $638.55M (49%)
Puts: $658.22M (51%)
Current vs Prior 7-Day Avg +14.87%
Calls: -6.59%
Puts: +35.69%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/10) 1.31
Prior (09/09) 1.31
Current vs Prior -0.13%
Prior 7-Day Average 1.22
Current vs Prior 7-Day Avg +7.29%
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 68,310,846
Calls: 17,543,708 (26%)
Puts: 50,767,138 (74%)
Prior 7-Day Average 9,758,692
Calls: 2,506,244 (26%)
Puts: 7,252,448 (74%)
Current vs Prior 7-Day Avg +2.17%
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% | 0.93%0.93% | 1.18%0.93% | 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 -59.68% | -3.78%+573.64% | +21.95%-3.79% | +7.54%-14.73% | +6.25%
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 -56.39% | +14.26%+150.84% | +28.02%+20.97% | +29.65%-23.61% | +5.55%
Prior 7-Day Eod 0.25% | 0.92%0.14% | 0.96%0.96% | 1.82%1.58% | 3.52%
Current vs 7-Day Eod -0.02% | +0.70%+573.64% | +21.95%-3.79% | +7.54%-14.73% | +6.25%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.12% | 0.57%
Calls: 0.84% | 0.52%
Puts: 1.41% | 0.63%
Prior 0.84% | 0.55%
Calls: 0.80% | 0.51%
Puts: 0.89% | 0.59%
Current vs Prior +33.33% | +3.64%
Prior 7-Day Avg 0.96% | 0.93%
Calls: 0.85% | 0.74%
Puts: 1.02% | 1.28%
Current vs 7-Day Avg +17.01% | -38.62%
Liquidity Excellent
+
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🤖 AI Insights

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 BEARISH
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 2,874 of results (avg 2.2%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$710.00Sep 1148.1548.19$48.170.1%7290.9984
$715.00Sep 1143.1643.20$43.180.1%3470.9929
$718.00Sep 1140.1740.21$40.190.1%1200.9914
$722.00Sep 1136.1836.22$36.200.1%1170.9958
$723.00Sep 1135.1835.22$35.200.1%1230.9917
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$760.00Sep 114.134.14$4.140.2%44.0K0.6045.5K
$752.00Sep 163.633.64$3.640.3%1.0K0.35--
$759.00Sep 113.613.62$3.620.3%32.1K0.553.8K
$840.00Sep 1082.0482.27$82.160.3%41.00--
$765.00Sep 107.127.14$7.130.3%2.8K1.003.6K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 718 found (avg $0.36, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$760.00Sep 100.080.09$0.0911.1%602.3K0.101.6K
$759.00Sep 100.230.24$0.244.2%596.2K0.24536
$758.00Sep 100.580.59$0.591.7%469.2K0.47434
$773.00Sep 110.050.06$0.0616.7%6.5K0.025.3K
$772.00Sep 110.070.08$0.0812.5%6.6K0.037.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$755.00Sep 100.060.07$0.0714.3%366.0K0.077.4K
$756.00Sep 100.130.14$0.147.1%373.9K0.152.9K
$757.00Sep 100.310.32$0.323.1%633.7K0.305.3K
$758.00Sep 100.700.71$0.711.4%659.4K0.544.1K
$741.00Sep 110.220.23$0.234.3%2.6K0.053.3K

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 10137.62137.96$137.790.2%51.00--
$635.00Sep 10122.74122.96$122.850.2%41.005
$640.00Sep 10117.70117.96$117.830.2%51.00--
$645.00Sep 10112.72112.96$112.840.2%61.00--
$610.00Sep 11147.62149.89$148.761.5%81.0011
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 105.125.14$5.130.4%9.0K1.008.3K
$764.00Sep 106.126.15$6.140.5%4.7K1.005.7K
$765.00Sep 107.127.14$7.130.3%2.8K1.003.6K
$766.00Sep 108.088.17$8.131.1%1.6K1.002.8K
$767.00Sep 109.079.17$9.121.1%1.6K1.002.7K

Most actively traded options today. High liquidity = easy entry/exit. 3,009 active (total vol 9.3M, top 659.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$760.00Sep 100.080.09$0.0911.1%602.3K0.101.6K
$759.00Sep 100.230.24$0.244.2%596.2K0.24536
$758.00Sep 100.580.59$0.591.7%469.2K0.47434
$761.00Sep 100.030.04$0.0425.0%314.4K0.054.3K
$762.00Sep 100.020.03$0.0333.3%245.0K0.034.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$758.00Sep 100.700.71$0.711.4%659.4K0.544.1K
$757.00Sep 100.310.32$0.323.1%633.7K0.305.3K
$759.00Sep 101.351.36$1.360.7%395.4K0.765.7K
$756.00Sep 100.130.14$0.147.1%373.9K0.152.9K
$755.00Sep 100.060.07$0.0714.3%366.0K0.077.4K

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 53.3%, max 55.8%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$757.00Sep 10Oct 2320.5%13.2%55.8%163.9K732
$759.00Sep 10Oct 2319.7%12.9%52.4%596.3K545
$758.00Sep 10Oct 2319.8%13.0%51.8%469.3K437
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$757.00Sep 10Oct 2320.5%13.2%55.8%633.7K5.4K
$759.00Sep 10Oct 2319.7%12.9%52.4%395.5K5.7K
$758.00Sep 10Oct 2319.8%13.0%51.8%659.4K4.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,092 found (best R:R 4.26, avg 5.06)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$715.00$716.00Sep 11$0.22$0.78$0.2299%3.55$715.22
$718.00$719.00Sep 11$0.23$0.77$0.2399%3.35$718.23
$708.00$710.00Oct 16$1.01$0.99$1.0187%0.98$709.01
$734.00$735.00Sep 18$0.16$0.84$0.1686%5.25$734.16
$727.00$728.00Sep 25$0.17$0.83$0.1787%4.88$727.17
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$790.00$789.00Sep 14$0.19$0.81$0.19100%4.26$789.81
$791.00$790.00Sep 14$0.28$0.72$0.28100%2.57$790.72
$781.00$780.00Sep 17$0.24$0.76$0.2495%3.17$780.76
$817.00$816.00Sep 11$0.31$0.69$0.31100%2.23$816.69
$800.00$799.00Sep 14$0.31$0.69$0.31100%2.23$799.69

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 829 found (best R:R 0.98, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$760.00$765.00Sep 24$2.48$2.48$2.5256%0.98$762.48
$765.00$770.00Sep 24$1.85$1.85$3.1566%0.59$766.85
$770.00$775.00Sep 24$1.25$1.25$3.7576%0.33$771.25
$775.00$780.00Sep 24$0.72$0.72$4.2885%0.17$775.72
$780.00$785.00Sep 24$0.37$0.37$4.6392%0.08$780.37
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$757.00$756.00Sep 10$0.18$0.18$0.8270%0.22$756.82
$748.00$747.00Sep 11$0.11$0.11$0.8986%0.12$747.89
$751.00$750.00Sep 11$0.17$0.17$0.8379%0.20$750.83
$749.00$748.00Sep 11$0.12$0.12$0.8884%0.14$748.88
$750.00$749.00Sep 11$0.14$0.14$0.8681%0.16$749.86

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $2.56, cheapest $2.42)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$757.00Sep 10Sep 11$2.6920.5%20.0%
$758.00Sep 10Sep 11$2.7119.8%19.7%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$757.00Sep 10Sep 11$2.4220.5%20.0%
$758.00Sep 10Sep 11$2.4419.8%19.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,195 found (cheapest 0.17% of stock, avg 4.07%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$758.00Sep 10$0.59$0.71$1.30$756.70$759.300.17%
$757.00Sep 10$1.19$0.32$1.51$755.49$758.510.20%
$759.00Sep 10$0.24$1.36$1.60$757.40$760.600.21%
$756.00Sep 10$2.01$0.14$2.15$753.85$758.150.28%
$760.00Sep 10$0.09$2.21$2.30$757.70$762.300.30%
$755.00Sep 10$2.94$0.07$3.01$751.99$758.010.40%
$761.00Sep 10$0.04$3.16$3.20$757.80$764.200.42%
$754.00Sep 10$3.91$0.04$3.95$750.05$757.950.52%
$762.00Sep 10$0.03$4.14$4.17$757.83$766.170.55%
$753.00Sep 10$4.90$0.03$4.93$748.07$757.930.65%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 409 found (cheapest 0.02% of stock, avg 1.84%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$760.00$755.00Sep 10$0.09$0.07$0.16$754.84$760.16
$760.00$756.00Sep 10$0.09$0.14$0.23$755.77$760.23
$759.00$755.00Sep 10$0.24$0.07$0.31$754.69$759.31
$759.00$756.00Sep 10$0.24$0.14$0.38$755.62$759.38
$760.00$757.00Sep 10$0.09$0.32$0.41$756.59$760.41
$759.00$757.00Sep 10$0.24$0.32$0.56$756.44$759.56
$758.00$757.00Sep 10$0.59$0.32$0.91$756.09$758.91
$758.00$756.00Sep 10$0.59$0.14$0.73$755.27$758.73
$758.00$755.00Sep 10$0.59$0.07$0.66$754.34$758.66
$763.00$754.00Sep 11$1.17$1.76$2.93$751.07$765.93

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 480 found (best R:R 1.17, avg credit $0.58)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
734/735764/765Sep 18$0.54$0.4650%1.17$734.46$764.54
726/727766/767Sep 25$0.52$0.4852%1.08$726.48$766.52
728/729766/767Sep 25$0.53$0.4751%1.13$728.47$766.53
724/725766/767Sep 30$0.55$0.4548%1.22$724.45$766.55
727/728766/767Sep 25$0.52$0.4851%1.08$727.48$766.52
721/722767/768Oct 2$0.54$0.4649%1.17$721.46$767.54
737/738764/765Sep 18$0.56$0.4447%1.27$737.44$764.56
738/739764/765Sep 18$0.57$0.4346%1.33$738.43$764.57
723/724766/767Sep 30$0.54$0.4649%1.17$723.46$766.54
735/736764/765Sep 18$0.54$0.4649%1.17$735.46$764.54

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 281 found (best R:R 20.74, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 24$0.37$4.6319%12.51
$700.00$710.00$720.00Sep 16$0.08$9.923%124.00
$757.00$758.00$759.00Sep 10$0.25$0.7546%3.00
$710.00$715.00$720.00Oct 2$0.07$4.934%70.43
$726.00$730.00$734.00Oct 9$0.08$3.926%49.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 24$0.23$4.7719%20.74
$735.00$740.00$745.00Sep 24$0.20$4.8011%24.00
$745.00$750.00$755.00Sep 24$0.35$4.6516%13.29
$740.00$745.00$750.00Sep 24$0.28$4.7213%16.86
$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. 1,046 found (best net $-1.48, 1,034 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$695.00$720.001:2Sep 24-$15.32$9.68
$725.00$740.001:2Sep 21-$7.06$7.94
$690.00$715.001:2Sep 23-$19.61$5.39
$705.00$725.001:2Sep 17-$15.42$4.58
$730.00$742.001:2Sep 23-$9.06$2.94
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$900.00$830.001:2Sep 11-$1.48$68.52
$821.00$795.001:2Oct 23-$12.92$13.08
$759.00$758.001:2Sep 10-$0.06$0.94
$760.00$759.001:2Sep 10-$0.51$0.49
$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. 417 found (best yield 2.11%, avg 0.48%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$758.00Oct 23$16.000.490.0%2.11%2.13%1093
$759.00Oct 23$15.380.480.1%2.03%2.18%989
$760.00Oct 23$14.780.480.3%1.95%2.23%4685
$761.00Oct 23$14.180.470.4%1.87%2.28%76
$762.00Oct 23$13.600.460.5%1.79%2.34%1617
$763.00Oct 23$13.030.450.7%1.72%2.40%1110
$764.00Oct 23$12.470.430.8%1.65%2.45%56119
$765.00Oct 23$11.920.420.9%1.57%2.51%71886
$766.00Oct 23$11.390.411.1%1.50%2.58%3028
$767.00Oct 23$10.870.401.2%1.43%2.64%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 4,026,138
Total Puts 5,259,517
Put/Call Ratio 1.31
Net Difference -1,233,379

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 32,097,665
Total Puts 38,758,931
Average Put/Call Ratio 1.22
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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