Tour v531
SPY
State Street SPDR S&P 500 ETF Trust
$767.88 -1.30%
◀ 10/14 15:12 ▶

Option Volume

Detail
ℹ
Current (10/14) 12,370,122
Calls: 5,533,075 (45%)
Puts: 6,837,047 (55%)
Prior (10/13) 10,642,889
Calls: 5,091,910 (48%)
Puts: 5,550,979 (52%)
Current vs Prior +16.23%
Calls: +8.66% (Calls)
Puts: +23.17% (Puts)
Prior 7-Day Total 66,501,011
Calls: 32,634,802 (49%)
Puts: 33,866,209 (51%)
Prior 7-Day Average 11,083,501
Calls: 4,662,114 (49%)
Puts: 4,838,029 (51%)
Current vs Prior 7-Day Avg +11.61%
Calls: +18.68%
Puts: +41.32%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (10/14) $2.17B
Calls: $431.19M (20%)
Puts: $1.74B (80%)
Prior (10/13) $947.01M
Calls: $620.55M (66%)
Puts: $326.46M (34%)
Current vs Prior +128.86%
Calls: -30.51%
Puts: +431.80%
Prior 7-Day Total $6.32B
Calls: $4.05B (64%)
Puts: $2.27B (36%)
Prior 7-Day Average $1.05B
Calls: $579.06M (64%)
Puts: $323.82M (36%)
Current vs Prior 7-Day Avg +105.75%
Calls: -25.54%
Puts: +436.13%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (10/14) 1.24
Prior (10/13) 1.09
Current vs Prior +13.35%
Prior 7-Day Average 1.04
Current vs Prior 7-Day Avg +18.37%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (10/14) 9,393,606
Calls: 2,254,473 (24%)
Puts: 7,139,133 (76%)
Prior (10/13) 9,102,384
Calls: 2,165,221 (24%)
Puts: 6,937,163 (76%)
Current vs Prior +3.20%
Prior 7-Day Total 56,377,566
Calls: 14,200,810 (25%)
Puts: 42,176,756 (75%)
Prior 7-Day Average 9,396,261
Calls: 2,366,801 (25%)
Puts: 7,029,459 (75%)
Current vs Prior 7-Day Avg -0.03%
Sentiment BULLISH

Expected Move

Detail
ℹ
Expiry (10/14) | Next (10/15)Expiry (10/14) | Next (10/16)Expiry (10/16) | Next (10/23)Expiry (10/15) | Next (11/20)
Current 0.28% | 0.74%0.28% | 0.97%0.97% | 1.67%0.74% | 3.68%
Prior 0.58% | 0.74%0.58% | 0.90%0.90% | 1.45%0.74% | 3.39%
Current vs Prior -52.15% | -0.78%-52.15% | +8.12%+8.12% | +15.15%-0.78% | +8.34%
Prior 7-Day Avg 0.45% | 0.67%0.34% | 0.73%0.69% | 1.39%1.08% | 3.63%
Current vs 7-Day Avg -38.19% | +9.69%-18.98% | +33.75%+41.75% | +20.29%-31.61% | +1.20%
Prior 7-Day Eod 0.58% | 0.74%0.58% | 0.90%0.90% | 1.45%0.74% | 3.39%
Current vs 7-Day Eod -52.15% | -0.78%-52.15% | +8.12%+8.12% | +15.15%-0.78% | +8.34%
Sentiment BULLISHBULLISHBEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 0.98% | 0.35%
Calls: 0.77% | 0.32%
Puts: 1.20% | 0.39%
Prior 0.44% | 0.34%
Calls: 0.47% | 0.35%
Puts: 0.42% | 0.34%
Current vs Prior +122.73% | +2.94%
Prior 7-Day Avg 0.90% | 0.62%
Calls: 0.92% | 0.72%
Puts: 0.90% | 0.53%
Current vs 7-Day Avg +8.29% | -43.85%
Liquidity Excellent
+
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🤖 AI Insights

Strong bearish conviction with 80% of dollar volume in puts ($1.74B) vs calls ($431.19M). Massive premium surge with dollar volume up 129% vs prior. Dollar volume significantly above 7-day average (106% higher). Bearish P/C ratio of 1.24 indicates protective positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
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 2,474 of results (avg 2.3%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$760.00Oct 147.897.90$7.900.1%2.3K1.00480
$761.00Oct 146.896.90$6.900.1%1.9K1.00326
$625.00Oct 14142.80143.03$142.920.2%281.0020
$700.00Nov 2073.2973.41$73.350.2%1250.915.6K
$620.00Oct 14147.78148.03$147.910.2%91.0013
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$777.00Oct 149.149.15$9.150.1%28.0K0.998.3K
$776.00Oct 148.148.15$8.150.1%50.7K0.9910.7K
$915.00Oct 14147.01147.20$147.100.1%31.00--
$775.00Oct 147.157.16$7.160.1%114.8K0.986.9K
$900.00Oct 14132.01132.20$132.100.1%691.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 652 found (avg $0.37, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Oct 140.090.10$0.1010.0%357.2K0.091.2K
$770.00Oct 140.170.18$0.185.6%418.9K0.161.9K
$772.00Oct 140.050.06$0.0616.7%410.4K0.052.1K
$769.00Oct 140.340.35$0.352.9%251.5K0.28602
$768.00Oct 140.700.71$0.711.4%238.3K0.47318
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Oct 140.100.11$0.119.1%234.6K0.104.2K
$766.00Oct 140.200.21$0.214.8%355.8K0.183.2K
$764.00Oct 140.060.07$0.0714.3%227.7K0.063.7K
$767.00Oct 140.420.43$0.432.3%577.1K0.333.8K
$768.00Oct 140.820.83$0.831.2%527.4K0.536.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,257 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$615.00Oct 14152.78153.04$152.910.2%251.006
$620.00Oct 14147.78148.03$147.910.2%91.0013
$625.00Oct 14142.80143.03$142.920.2%281.0020
$630.00Oct 14137.80138.05$137.930.2%151.002
$650.00Oct 14117.78118.03$117.910.2%41.002
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$915.00Oct 14147.01147.20$147.100.1%31.00--
$780.00Oct 1511.1912.64$11.9212.2%9751.001.4K
$781.00Oct 1512.2613.31$12.798.2%8301.00668
$782.00Oct 1513.9214.20$14.062.0%6291.00664
$783.00Oct 1514.1915.34$14.777.8%3611.001.2K

Most actively traded options today. High liquidity = easy entry/exit. 2,895 active (total vol 12.3M, top 577.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Oct 140.170.18$0.185.6%418.9K0.161.9K
$775.00Oct 140.020.03$0.0333.3%414.2K0.024.5K
$772.00Oct 140.050.06$0.0616.7%410.4K0.052.1K
$776.00Oct 140.010.02$0.0250.0%375.8K0.014.8K
$771.00Oct 140.090.10$0.1010.0%357.2K0.091.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Oct 140.420.43$0.432.3%577.1K0.333.8K
$768.00Oct 140.820.83$0.831.2%527.4K0.536.0K
$770.00Oct 142.302.31$2.300.4%511.3K0.8412.1K
$769.00Oct 141.471.48$1.480.7%413.6K0.726.3K
$772.00Oct 144.194.20$4.200.2%358.2K0.956.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 95.8%, max 114.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$770.00Oct 14Nov 2725.7%12.0%114.8%419.0K1.9K
$769.00Oct 14Nov 2723.5%12.1%94.6%251.6K604
$766.00Oct 14Nov 2024.5%12.8%91.5%29.3K758
$767.00Oct 14Nov 2723.2%12.4%87.9%84.5K648
$768.00Oct 14Nov 2723.0%12.2%87.8%238.3K318
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$770.00Oct 14Nov 2725.7%12.0%114.8%511.5K12.3K
$766.00Oct 14Nov 2724.5%12.5%96.2%355.8K3.2K
$769.00Oct 14Nov 2723.5%12.1%94.6%413.6K6.4K
$767.00Oct 14Nov 2723.2%12.4%87.9%577.1K3.9K
$768.00Oct 14Nov 2723.0%12.2%87.8%527.5K6.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 853 found (best R:R 1.78, avg 4.49)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$704.00$705.00Oct 30$0.36$0.64$0.3696%1.78$704.36
$714.00$715.00Oct 16$0.47$0.53$0.4799%1.13$714.47
$693.00$694.00Oct 30$0.57$0.43$0.5797%0.75$693.57
$745.00$746.00Oct 20$0.65$0.35$0.6592%0.54$745.65
$769.00$770.00Oct 14$0.17$0.83$0.1728%4.88$769.17
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$787.00$786.00Oct 16$0.44$0.56$0.44100%1.27$786.56
$782.00$781.00Oct 22$0.38$0.62$0.3887%1.63$781.62
$770.00$765.00Oct 28$1.90$3.10$1.9054%1.63$768.10
$783.00$782.00Oct 16$0.54$0.46$0.54100%0.85$782.46
$765.00$760.00Oct 28$1.43$3.57$1.4343%2.50$763.57

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 656 found (best R:R 1.04, avg 0.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Oct 28$2.55$2.55$2.4554%1.04$772.55
$775.00$780.00Oct 28$1.90$1.90$3.1064%0.61$776.90
$780.00$785.00Oct 28$1.26$1.26$3.7475%0.34$781.26
$785.00$790.00Oct 28$0.72$0.72$4.2884%0.17$785.72
$800.00$805.00Nov 20$0.75$0.75$4.2585%0.18$800.75
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$767.00$766.00Oct 14$0.22$0.22$0.7867%0.28$766.78
$762.00$761.00Oct 15$0.15$0.15$0.8580%0.18$761.85
$761.00$760.00Oct 15$0.12$0.12$0.8883%0.14$760.88
$765.00$764.00Oct 15$0.27$0.27$0.7367%0.37$764.73
$763.00$762.00Oct 15$0.18$0.18$0.8276%0.22$762.82

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $1.77, cheapest $1.70)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Oct 14Oct 15$1.8223.2%15.6%
$768.00Oct 14Oct 15$1.8423.0%15.8%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Oct 14Oct 15$1.7023.2%15.6%
$768.00Oct 14Oct 15$1.7223.0%15.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,132 found (cheapest 0.20% of stock, avg 3.75%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$768.00Oct 14$0.71$0.83$1.54$766.46$769.540.20%
$767.00Oct 14$1.30$0.43$1.73$765.27$768.730.23%
$769.00Oct 14$0.35$1.48$1.83$767.17$770.830.24%
$766.00Oct 14$2.08$0.21$2.29$763.71$768.290.30%
$770.00Oct 14$0.18$2.30$2.48$767.52$772.480.32%
$765.00Oct 14$2.98$0.11$3.09$761.91$768.090.40%
$771.00Oct 14$0.10$3.24$3.34$767.66$774.340.43%
$764.00Oct 14$3.93$0.07$4.00$760.00$768.000.52%
$772.00Oct 14$0.06$4.20$4.26$767.74$776.260.55%
$763.00Oct 14$4.91$0.05$4.96$758.04$767.960.65%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 395 found (cheapest 0.02% of stock, avg 1.52%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$772.00$764.00Oct 14$0.06$0.07$0.13$763.87$772.13
$771.00$764.00Oct 14$0.10$0.07$0.17$763.83$771.17
$772.00$765.00Oct 14$0.06$0.11$0.17$764.83$772.17
$771.00$765.00Oct 14$0.10$0.11$0.21$764.79$771.21
$770.00$764.00Oct 14$0.18$0.07$0.25$763.75$770.25
$770.00$765.00Oct 14$0.18$0.11$0.29$764.71$770.29
$771.00$766.00Oct 14$0.10$0.21$0.31$765.69$771.31
$772.00$766.00Oct 14$0.06$0.21$0.27$765.73$772.27
$770.00$766.00Oct 14$0.18$0.21$0.39$765.61$770.39
$769.00$764.00Oct 14$0.35$0.07$0.42$763.58$769.42

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 397 found (best R:R 1.04, avg credit $0.52)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
747/748775/776Oct 26$0.51$0.4951%1.04$747.49$775.51
749/750774/775Oct 23$0.53$0.4749%1.13$749.47$774.53
747/748776/777Oct 26$0.48$0.5253%0.92$747.52$776.48
745/746775/776Oct 27$0.51$0.4950%1.04$745.49$775.51
742/743777/778Oct 30$0.52$0.4849%1.08$742.48$777.52
747/748777/778Oct 26$0.45$0.5556%0.82$747.55$777.45
750/751775/776Oct 26$0.53$0.4748%1.13$750.47$775.53
750/751774/775Oct 23$0.53$0.4748%1.13$750.47$774.53
745/746776/777Oct 27$0.48$0.5253%0.92$745.52$776.48
741/742777/778Oct 30$0.51$0.4950%1.04$741.49$777.51

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 259 found (best R:R 13.29, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$720.00$725.00$730.00Nov 13$0.07$4.934%70.43
$766.00$767.00$768.00Oct 14$0.19$0.8135%4.26
$767.00$768.00$769.00Oct 15$0.05$0.9512%19.00
$769.00$770.00$771.00Oct 14$0.09$0.9119%10.11
$767.00$768.00$769.00Oct 14$0.23$0.7739%3.35
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Oct 28$0.35$4.6516%13.29
$800.00$805.00$810.00Nov 20$0.09$4.917%54.56
$750.00$755.00$760.00Oct 28$0.27$4.7313%17.52
$745.00$750.00$755.00Oct 28$0.20$4.8010%24.00
$760.00$765.00$770.00Oct 28$0.47$4.5319%9.64

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 987 found (best net $-7.26, 982 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$690.00$724.001:2Oct 19-$10.47$23.53
$732.00$746.001:2Oct 22-$10.33$3.67
$780.00$785.001:2Oct 28-$0.12$4.88
$775.00$780.001:2Oct 28-$0.74$4.26
$767.00$768.001:2Oct 14-$0.12$0.88
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$845.00$810.001:2Oct 15-$7.26$27.74
$915.00$860.001:2Oct 30-$37.27$17.73
$769.00$768.001:2Oct 14-$0.18$0.82
$770.00$769.001:2Oct 14-$0.66$0.34
$680.00$655.001:2Oct 27-$0.09$24.91

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 360 found (best yield 2.17%, avg 0.50%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$768.00Nov 27$16.700.510.0%2.17%2.19%12--
$769.00Nov 27$16.080.500.1%2.09%2.24%472
$770.00Nov 27$15.450.480.3%2.01%2.29%2621
$771.00Nov 27$14.830.470.4%1.93%2.34%6115
$772.00Nov 27$14.220.470.5%1.85%2.39%213
$773.00Nov 27$13.620.460.7%1.77%2.44%404
$774.00Nov 27$13.040.450.8%1.70%2.50%212
$775.00Nov 27$12.470.440.9%1.62%2.55%9542
$768.00Nov 20$15.330.510.0%2.00%2.01%186958
$776.00Nov 27$11.910.431.1%1.55%2.61%12911

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 5,533,075
Total Puts 6,837,047
Put/Call Ratio 1.24
Net Difference -1,303,972

Prior's Put/Call Breakdown

Total Calls 5,091,910
Total Puts 5,550,979
Put/Call Ratio 1.09
Net Difference -459,069

Prior 7-Day Put/Call Summary

Total Calls 32,634,802
Total Puts 33,866,209
Average Put/Call Ratio 1.04
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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