Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$771.48 +0.05%
8/28 10:20

Option Volume

Detail
Current (08/28 10:20am) 1,869,497
Calls: 891,307 (48%)
Puts: 978,190 (52%)
Prior (08/27) 1,917,549
Calls: 967,621 (50%)
Puts: 949,928 (50%)
Current vs Prior -2.51%
Calls: -7.89% (Calls)
Puts: +2.98% (Puts)
Prior 7-Day Total 62,951,848
Calls: 29,301,825 (47%)
Puts: 33,650,023 (53%)
Prior 7-Day Average 8,993,121
Calls: 4,185,975 (47%)
Puts: 4,807,146 (53%)
Current vs Prior 7-Day Avg -79.21%
Calls: -78.71%
Puts: -79.65%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 10:20am) $261.31M
Calls: $139.64M (53%)
Puts: $121.67M (47%)
Prior (08/27) $289.58M
Calls: $180.26M (62%)
Puts: $109.32M (38%)
Current vs Prior -9.76%
Calls: -22.53%
Puts: +11.30%
Prior 7-Day Total $7.27B
Calls: $3.30B (45%)
Puts: $3.97B (55%)
Prior 7-Day Average $1.04B
Calls: $471.51M (45%)
Puts: $567.32M (55%)
Current vs Prior 7-Day Avg -74.85%
Calls: -70.38%
Puts: -78.55%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/28 10:20am) 1.10
Prior (08/27) 0.98
Current vs Prior +11.79%
Prior 7-Day Average 1.15
Current vs Prior 7-Day Avg -4.62%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 10:20am) 8,826,225
Calls: 2,433,290 (28%)
Puts: 6,392,935 (72%)
Prior (08/27) 8,676,709
Calls: 2,420,112 (28%)
Puts: 6,256,597 (72%)
Current vs Prior +1.72%
Prior 7-Day Total 69,897,963
Calls: 18,971,042 (27%)
Puts: 50,926,921 (73%)
Prior 7-Day Average 9,985,423
Calls: 2,710,148 (27%)
Puts: 7,275,274 (73%)
Current vs Prior 7-Day Avg -11.61%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/28) | Next (08/31)Expiry (08/28) | Next (08/31)Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 0.43% | 0.67%0.43% | 0.67%0.43% | 1.23%2.31% | 3.81%
Prior 0.62% | 0.81%0.62% | 0.81%0.62% | 1.33%2.37% | 3.83%
Current vs Prior -29.72% | -18.22%-29.72% | -18.21%-29.72% | -7.83%-2.46% | -0.35%
Prior 7-Day Avg 0.53% | 0.77%0.39% | 0.81%0.75% | 1.53%1.56% | 3.58%
Current vs 7-Day Avg -19.06% | -13.44%+11.98% | -18.22%-42.63% | -19.95%+48.20% | +6.41%
Prior 7-Day Eod 0.62% | 0.81%0.62% | 0.81%0.62% | 1.33%2.37% | 3.83%
Current vs 7-Day Eod -29.72% | -18.22%-29.72% | -18.21%-29.72% | -7.83%-2.46% | -0.35%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.60% | 0.78%
Calls: 0.59% | 0.77%
Puts: 0.61% | 0.79%
Prior 1.68% | 1.40%
Calls: 0.52% | 1.10%
Puts: 2.83% | 1.69%
Current vs Prior -64.29% | -44.29%
Prior 7-Day Avg 1.37% | 1.15%
Calls: 1.40% | 1.03%
Puts: 1.34% | 1.26%
Current vs 7-Day Avg -56.30% | -32.00%
Liquidity Excellent
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.10. Put-heavy open interest (6,392,935 puts vs 2,433,290 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BEARISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
10:20BULLISHNEUTRALMIXED
10:15BEARISHBEARISHBEARISH
10:10BEARISHNEUTRALBEARISH
10:05BULLISHNEUTRALBULLISH
10:00BULLISHNEUTRALMIXED
09:55BULLISHNEUTRALMIXED
09:50BULLISHNEUTRALBULLISH
09:45BULLISHNEUTRALBULLISH
09:40BULLISHNEUTRALMIXED
09:35BULLISHBEARISHBEARISH

📈 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 2,196 of results (avg 3.6%, best 0.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Aug 286.626.64$6.630.3%1.3K0.936.0K
$770.00Sep 3012.1012.14$12.120.3%490.502.1K
$696.00Aug 2875.3575.60$75.470.3%--1.0055
$697.00Aug 2874.3574.60$74.470.3%--1.0081
$699.00Aug 2872.3572.60$72.470.3%--1.00126
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$775.00Sep 3012.2612.32$12.290.5%720.57497
$770.00Sep 187.767.80$7.780.5%1.8K0.4916.8K
$773.00Sep 189.069.11$9.090.6%2000.543.3K
$775.00Oct 913.8213.90$13.860.6%--0.5573
$771.00Oct 912.0712.14$12.110.6%20.5128

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 806 found (avg $0.35, cheapest $0.08)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$777.00Aug 280.070.08$0.0812.5%36.7K0.0510.6K
$776.00Aug 280.130.14$0.147.1%78.1K0.0911.2K
$775.00Aug 280.230.24$0.244.2%79.7K0.1414.0K
$774.00Aug 280.410.42$0.422.4%75.2K0.227.2K
$781.00Aug 310.060.07$0.0714.3%1.3K0.032.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Aug 280.200.21$0.214.8%37.4K0.106.4K
$764.00Aug 280.100.11$0.119.1%19.2K0.058.6K
$763.00Aug 280.070.08$0.0812.5%15.0K0.0410.1K
$765.00Aug 280.140.15$0.156.7%43.2K0.0721.6K
$762.00Aug 280.050.06$0.0616.7%21.4K0.036.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,198 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Aug 28150.33151.61$150.970.8%--1.0018
$630.00Aug 28140.43141.61$141.020.8%--1.0012
$645.00Aug 28125.46126.65$126.060.9%11.002
$650.00Aug 28120.37121.65$121.011.1%--1.0026
$675.00Aug 2895.4696.61$96.041.2%--1.0011
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$835.00Aug 2863.4063.96$63.680.9%21.00--
$854.00Sep 481.0584.28$82.673.9%21.002
$791.00Aug 2819.4019.64$19.521.2%21.00--
$792.00Aug 2820.4120.64$20.531.1%21.00--
$795.00Aug 3121.9925.28$23.6413.9%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,037 active (total vol 1.9M, top 113.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Aug 281.131.14$1.130.9%104.1K0.4411.5K
$773.00Aug 280.700.71$0.711.4%103.7K0.324.5K
$775.00Aug 280.230.24$0.244.2%79.7K0.1414.0K
$776.00Aug 280.130.14$0.147.1%78.1K0.0911.2K
$774.00Aug 280.410.42$0.422.4%75.2K0.227.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Aug 280.860.87$0.871.1%113.9K0.3513.1K
$771.00Aug 281.201.21$1.210.8%102.8K0.456.8K
$772.00Aug 281.651.66$1.650.6%81.1K0.563.1K
$769.00Aug 280.610.62$0.621.6%55.5K0.265.9K
$768.00Aug 280.430.44$0.442.3%47.7K0.2010.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 55.5%, max 77.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$768.00Aug 28Oct 920.1%11.3%77.9%4.3K10.6K
$769.00Aug 28Oct 919.4%11.2%73.7%6.1K3.9K
$770.00Aug 28Oct 918.6%11.1%67.8%21.6K19.6K
$771.00Aug 28Oct 917.8%11.0%62.3%54.1K11.4K
$772.00Aug 28Oct 917.4%10.9%60.4%104.1K11.5K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$768.00Aug 28Oct 920.1%11.3%77.9%47.7K10.5K
$769.00Aug 28Oct 219.4%11.0%76.6%55.5K6.1K
$770.00Aug 28Oct 918.6%11.1%68.2%113.9K13.1K
$771.00Aug 28Oct 917.9%11.0%62.9%102.8K6.8K
$772.00Aug 28Oct 917.4%10.9%59.9%81.1K3.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 785 found (best R:R 4.88, avg 3.96)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$703.00$704.00Aug 28$0.17$0.83$0.17100%4.88$703.17
$745.00$746.00Sep 1$0.34$0.66$0.34100%1.94$745.34
$752.00$753.00Sep 1$0.35$0.65$0.3597%1.86$752.35
$755.00$756.00Sep 4$0.27$0.73$0.2788%2.70$755.27
$761.00$762.00Sep 3$0.21$0.79$0.2183%3.76$761.21
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$778.00$777.00Sep 3$0.25$0.75$0.2577%3.00$777.75
$783.00$782.00Sep 2$0.48$0.52$0.4894%1.08$782.52
$782.00$781.00Aug 31$0.52$0.48$0.5298%0.92$781.48
$778.00$777.00Sep 2$0.40$0.60$0.4080%1.50$777.60
$695.00$680.00Oct 9$0.39$14.61$0.397%37.46$694.61

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 565 found (best R:R 0.52, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$787.00$790.00Oct 9$1.03$1.03$1.9769%0.52$788.03
$780.00$782.00Oct 9$0.91$0.91$1.0961%0.83$780.91
$786.00$790.00Sep 10$0.47$0.47$3.5386%0.13$786.47
$783.00$785.00Oct 9$0.82$0.82$1.1864%0.69$783.82
$773.00$774.00Sep 10$0.58$0.58$0.4254%1.38$773.58
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$767.00$766.00Aug 28$0.10$0.10$0.9086%0.11$766.90
$768.00$767.00Aug 28$0.13$0.13$0.8780%0.15$767.87
$765.00$764.00Aug 31$0.12$0.12$0.8883%0.14$764.88
$769.00$768.00Aug 28$0.18$0.18$0.8274%0.22$768.82
$762.00$761.00Sep 2$0.12$0.12$0.8883%0.14$761.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.87, cheapest $0.84)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$770.00Aug 28Aug 31$0.9118.6%7.9%
$771.00Aug 28Aug 31$0.9217.8%7.6%
$772.00Aug 28Aug 31$0.9217.4%8.2%
$773.00Aug 28Aug 31$0.8616.8%8.0%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$770.00Aug 28Aug 31$0.8418.6%7.9%
$771.00Aug 28Aug 31$0.8717.9%7.6%
$772.00Aug 28Aug 31$0.8717.4%8.2%
$773.00Aug 28Aug 31$0.8016.8%8.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 938 found (cheapest 0.36% of stock, avg 3.79%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$772.00Aug 28$1.13$1.65$2.78$769.22$774.780.36%
$771.00Aug 28$1.69$1.21$2.90$768.10$773.900.38%
$773.00Aug 28$0.71$2.23$2.94$770.06$775.940.38%
$770.00Aug 28$2.34$0.87$3.21$766.79$773.210.42%
$774.00Aug 28$0.42$2.94$3.36$770.64$777.360.44%
$769.00Aug 28$3.10$0.62$3.72$765.28$772.720.48%
$775.00Aug 28$0.24$3.76$4.00$771.00$779.000.52%
$768.00Aug 28$3.92$0.44$4.36$763.64$772.360.57%
$772.00Aug 31$2.05$2.52$4.57$767.43$776.570.59%
$773.00Aug 31$1.57$3.03$4.60$768.40$777.600.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 375 found (cheapest 0.06% of stock, avg 1.36%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$776.00$767.00Aug 28$0.14$0.31$0.45$766.55$776.45
$775.00$767.00Aug 28$0.24$0.31$0.55$766.45$775.55
$776.00$768.00Aug 28$0.14$0.44$0.58$767.42$776.58
$775.00$768.00Aug 28$0.24$0.44$0.68$767.32$775.68
$774.00$767.00Aug 28$0.42$0.31$0.73$766.27$774.73
$774.00$768.00Aug 28$0.42$0.44$0.86$767.14$774.86
$776.00$769.00Aug 28$0.14$0.62$0.76$768.24$776.76
$775.00$769.00Aug 28$0.24$0.62$0.86$768.14$775.86
$774.00$769.00Aug 28$0.42$0.62$1.04$767.96$775.04
$773.00$767.00Aug 28$0.71$0.31$1.02$765.98$774.02

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 431 found (best R:R 1.00, avg credit $0.48)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
756/757777/778Sep 8$0.50$0.5051%1.00$756.50$777.50
759/760777/778Sep 3$0.43$0.5758%0.75$759.57$777.43
753/754778/779Sep 11$0.52$0.4848%1.08$753.48$778.52
745/746780/781Sep 18$0.50$0.5050%1.00$745.50$780.50
736/737781/782Sep 30$0.51$0.4949%1.04$736.49$781.51
761/762775/776Sep 2$0.49$0.5150%0.96$761.51$775.49
759/760775/776Sep 3$0.50$0.5050%1.00$759.50$775.50
762/763777/778Sep 3$0.48$0.5252%0.92$762.52$777.48
753/754780/781Sep 11$0.46$0.5453%0.85$753.54$780.46
755/756778/779Sep 11$0.53$0.4746%1.13$755.47$778.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 381 found (best R:R 10.11, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$770.00$771.00$772.00Aug 28$0.09$0.9122%10.11
$768.00$769.00$770.00Aug 28$0.06$0.9416%15.67
$767.00$768.00$769.00Aug 28$0.05$0.9512%19.00
$767.00$768.00$769.00Aug 31$0.05$0.9510%19.00
$772.00$773.00$774.00Aug 31$0.07$0.9314%13.29
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$770.00$771.00$772.00Aug 28$0.10$0.9022%9.00
$768.00$769.00$770.00Aug 28$0.07$0.9315%13.29
$769.00$770.00$771.00Aug 28$0.09$0.9119%10.11
$769.00$770.00$771.00Aug 31$0.06$0.9413%15.67
$770.00$771.00$772.00Sep 1$0.05$0.9511%19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,138 found (best net $-0.52, 1,132 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$700.00$740.001:2Oct 9-$0.52$39.48
$695.00$723.001:2Sep 8-$21.08$6.92
$725.00$745.001:2Oct 2-$13.63$6.37
$740.00$756.001:2Oct 9-$11.05$4.95
$825.00$835.001:2Oct 9-$0.02$9.98
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$798.00$786.001:2Sep 2-$2.67$9.33
$685.00$645.001:2Sep 9-$0.01$39.99
$710.00$700.001:2Sep 10-$0.10$9.90
$680.00$670.001:2Sep 1$0.00$10.00
$690.00$680.001:2Sep 2-$0.01$9.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 323 found (best yield 1.75%, avg 0.40%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$772.00Oct 9$13.470.480.1%1.75%1.81%2212
$773.00Oct 9$12.880.470.2%1.67%1.87%218
$774.00Oct 9$12.310.460.3%1.60%1.92%71
$775.00Oct 9$11.760.450.5%1.52%1.98%520
$776.00Oct 9$11.220.440.6%1.45%2.04%1147
$777.00Oct 9$10.700.430.7%1.39%2.10%118
$778.00Oct 9$10.190.420.8%1.32%2.17%628
$779.00Oct 9$9.690.401.0%1.26%2.23%514
$780.00Oct 9$9.220.391.1%1.20%2.30%1262
$782.00Oct 9$8.300.371.4%1.08%2.44%1--

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 891,307
Total Puts 978,190
Put/Call Ratio 1.10
Net Difference -86,883

Prior's Put/Call Breakdown

Total Calls 967,621
Total Puts 949,928
Put/Call Ratio 0.98
Net Difference 17,693

Prior 7-Day Put/Call Summary

Total Calls 29,301,825
Total Puts 33,650,023
Average Put/Call Ratio 1.15
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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