Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$772.31 +0.16%
8/28 10:40

Option Volume

Detail
Current (08/28 10:40am) 2,668,201
Calls: 1,292,804 (48%)
Puts: 1,375,397 (52%)
Prior (08/27) 2,504,457
Calls: 1,279,027 (51%)
Puts: 1,225,430 (49%)
Current vs Prior +6.54%
Calls: +1.08% (Calls)
Puts: +12.24% (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 -70.33%
Calls: -69.12%
Puts: -71.39%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 10:40am) $344.84M
Calls: $217.85M (63%)
Puts: $126.99M (37%)
Prior (08/27) $367.13M
Calls: $230.17M (63%)
Puts: $136.96M (37%)
Current vs Prior -6.07%
Calls: -5.35%
Puts: -7.28%
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 -66.80%
Calls: -53.80%
Puts: -77.62%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/28 10:40am) 1.06
Prior (08/27) 0.96
Current vs Prior +11.04%
Prior 7-Day Average 1.15
Current vs Prior 7-Day Avg -7.54%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 10:40am) 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 0.38% | 0.62%0.38% | 0.62%0.38% | 1.18%2.25% | 3.75%
Prior 0.62% | 0.81%0.62% | 0.81%0.62% | 1.33%2.37% | 3.83%
Current vs Prior -38.41% | -23.41%-38.41% | -23.40%-38.41% | -11.62%-4.80% | -1.98%
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 -29.07% | -18.92%-1.86% | -23.41%-49.72% | -23.24%+44.64% | +4.67%
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 -38.41% | -23.41%-38.41% | -23.40%-38.41% | -11.62%-4.80% | -1.98%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.00% | 0.83%
Calls: 0.72% | 0.84%
Puts: 1.29% | 0.82%
Prior 1.68% | 1.40%
Calls: 0.52% | 1.10%
Puts: 2.83% | 1.69%
Current vs Prior -40.48% | -40.71%
Prior 7-Day Avg 1.37% | 1.15%
Calls: 1.40% | 1.03%
Puts: 1.34% | 1.26%
Current vs 7-Day Avg -27.16% | -27.65%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bullish flow with 63% call dollar volume ($217.85M). Slightly bearish P/C ratio of 1.06. 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
10:40BULLISHNEUTRALMIXED
10:35BULLISHNEUTRALMIXED
10:30BULLISHBEARISHBEARISH
10:25BULLISHBEARISHBEARISH
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 2,276 of results (avg 3.5%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Aug 28152.26152.49$152.380.2%--1.0018
$630.00Aug 28142.26142.49$142.380.2%--1.0012
$645.00Aug 28127.26127.49$127.380.2%11.002
$625.00Aug 28147.22147.49$147.360.2%61.004
$650.00Aug 28122.26122.49$122.380.2%--1.0026
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$835.00Aug 2862.5462.74$62.640.3%21.00--
$770.00Sep 258.678.71$8.690.5%3480.48824
$773.00Sep 188.488.52$8.500.5%3620.523.3K
$772.00Sep 188.048.08$8.060.5%4530.512.8K
$775.00Sep 3011.6511.71$11.680.5%1080.55497

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 829 found (avg $0.35, cheapest $0.08)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$777.00Aug 280.070.08$0.0812.5%53.0K0.0610.6K
$776.00Aug 280.130.14$0.147.1%108.1K0.1011.2K
$775.00Aug 280.250.26$0.263.8%120.0K0.1714.0K
$774.00Aug 280.480.49$0.492.0%112.7K0.287.2K
$781.00Aug 310.060.07$0.0714.3%3.7K0.032.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Aug 280.130.14$0.147.1%51.0K0.088.3K
$766.00Aug 280.090.10$0.1010.0%47.9K0.066.4K
$765.00Aug 280.060.07$0.0714.3%57.5K0.0421.6K
$768.00Aug 280.210.22$0.224.5%70.1K0.1210.5K
$769.00Aug 280.320.33$0.333.0%74.1K0.175.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,224 found (avg delta 0.88, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Aug 28152.26152.49$152.380.2%--1.0018
$625.00Aug 28147.22147.49$147.360.2%61.004
$630.00Aug 28142.26142.49$142.380.2%--1.0012
$645.00Aug 28127.26127.49$127.380.2%11.002
$650.00Aug 28122.26122.49$122.380.2%--1.0026
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$835.00Aug 2862.5462.74$62.640.3%21.00--
$854.00Sep 480.2083.11$81.663.6%21.002
$794.00Aug 2821.5221.75$21.641.1%61.00--
$800.00Aug 2827.5127.75$27.630.9%11.001
$795.00Aug 3121.3724.03$22.7011.7%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,185 active (total vol 2.7M, top 170.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Aug 281.381.39$1.380.7%170.5K0.5511.5K
$773.00Aug 280.850.86$0.861.2%154.8K0.414.5K
$775.00Aug 280.250.26$0.263.8%120.0K0.1714.0K
$774.00Aug 280.480.49$0.492.0%112.7K0.287.2K
$776.00Aug 280.130.14$0.147.1%108.1K0.1011.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Aug 280.480.49$0.492.0%166.9K0.2413.1K
$771.00Aug 280.720.73$0.731.4%158.3K0.346.8K
$772.00Aug 281.061.07$1.070.9%110.1K0.463.1K
$769.00Aug 280.320.33$0.333.0%74.1K0.175.9K
$768.00Aug 280.210.22$0.224.5%70.1K0.1210.5K

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 39.4%, max 64.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$769.00Aug 28Oct 917.9%11.1%62.0%8.6K3.9K
$770.00Aug 28Oct 917.3%11.0%57.7%34.5K19.6K
$771.00Aug 28Oct 916.4%10.9%51.0%85.7K11.4K
$772.00Aug 28Oct 915.7%10.7%46.3%170.6K11.5K
$773.00Aug 28Oct 915.1%10.6%42.3%154.8K4.5K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$769.00Aug 28Oct 217.9%10.9%64.8%74.1K6.1K
$770.00Aug 28Oct 917.3%11.0%57.7%166.9K13.1K
$771.00Aug 28Oct 916.4%10.9%51.0%158.4K6.8K
$772.00Aug 28Oct 915.7%10.7%46.3%110.1K3.1K
$773.00Aug 28Oct 215.1%10.4%45.4%35.0K2.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 745 found (best R:R 2.12, avg 3.87)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$737.00$738.00Sep 18$0.32$0.68$0.3291%2.12$737.32
$749.00$750.00Aug 31$0.43$0.57$0.43100%1.33$749.43
$755.00$756.00Sep 2$0.42$0.58$0.4295%1.38$755.42
$745.00$746.00Sep 1$0.50$0.50$0.50100%1.00$745.50
$749.00$750.00Sep 2$0.49$0.51$0.49100%1.04$749.49
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$791.00$790.00Sep 18$0.36$0.64$0.3684%1.78$790.64
$783.00$782.00Sep 2$0.50$0.50$0.5094%1.00$782.50
$795.00$793.00Sep 30$1.24$0.76$1.2482%0.61$793.76
$779.00$778.00Sep 4$0.35$0.65$0.3574%1.86$778.65
$778.00$777.00Sep 2$0.39$0.61$0.3978%1.56$777.61

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 550 found (best R:R 1.78, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$773.00$774.00Sep 9$0.64$0.64$0.3652%1.78$773.64
$773.00$774.00Sep 10$0.64$0.64$0.3652%1.78$773.64
$773.00$774.00Sep 8$0.62$0.62$0.3853%1.63$773.62
$780.00$782.00Oct 9$0.93$0.93$1.0760%0.87$780.93
$778.00$780.00Sep 10$0.75$0.75$1.2566%0.60$778.75
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$769.00$768.00Aug 28$0.11$0.11$0.8983%0.12$768.89
$770.00$769.00Aug 28$0.16$0.16$0.8476%0.19$769.84
$771.00$770.00Aug 28$0.24$0.24$0.7666%0.32$770.76
$767.00$766.00Aug 31$0.14$0.14$0.8680%0.16$766.86
$767.00$766.00Sep 1$0.18$0.18$0.8276%0.22$766.82

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.93, cheapest $0.89)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$771.00Aug 28Aug 31$0.9416.4%7.4%
$772.00Aug 28Aug 31$0.9915.7%7.1%
$773.00Aug 28Aug 31$0.9615.1%7.7%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$771.00Aug 28Aug 31$0.8916.4%7.4%
$772.00Aug 28Aug 31$0.9215.7%7.1%
$773.00Aug 28Aug 31$0.8915.1%7.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 955 found (cheapest 0.31% of stock, avg 3.78%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$773.00Aug 28$0.86$1.55$2.41$770.59$775.410.31%
$772.00Aug 28$1.38$1.07$2.45$769.55$774.450.32%
$774.00Aug 28$0.49$2.17$2.66$771.34$776.660.34%
$771.00Aug 28$2.05$0.73$2.78$768.22$773.780.36%
$775.00Aug 28$0.26$2.94$3.20$771.80$778.200.41%
$770.00Aug 28$2.81$0.49$3.30$766.70$773.300.43%
$776.00Aug 28$0.14$3.82$3.96$772.04$779.960.51%
$769.00Aug 28$3.65$0.33$3.98$765.02$772.980.52%
$773.00Aug 31$1.82$2.44$4.26$768.74$777.260.55%
$772.00Aug 31$2.37$1.99$4.36$767.64$776.360.56%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 375 found (cheapest 0.04% of stock, avg 1.31%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$777.00$768.00Aug 28$0.08$0.22$0.30$767.70$777.30
$776.00$768.00Aug 28$0.14$0.22$0.36$767.64$776.36
$777.00$769.00Aug 28$0.08$0.33$0.41$768.59$777.41
$775.00$768.00Aug 28$0.26$0.22$0.48$767.52$775.48
$776.00$769.00Aug 28$0.14$0.33$0.47$768.53$776.47
$775.00$769.00Aug 28$0.26$0.33$0.59$768.41$775.59
$777.00$770.00Aug 28$0.08$0.49$0.57$769.43$777.57
$776.00$770.00Aug 28$0.14$0.49$0.63$769.37$776.63
$774.00$768.00Aug 28$0.49$0.22$0.71$767.29$774.71
$775.00$770.00Aug 28$0.26$0.49$0.75$769.25$775.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 439 found (best R:R 0.96, avg credit $0.47)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
759/760777/778Sep 4$0.49$0.5151%0.96$759.51$777.49
756/757778/779Sep 9$0.49$0.5151%0.96$756.51$778.49
746/747781/782Sep 18$0.49$0.5150%0.96$746.51$781.49
757/758778/779Sep 9$0.50$0.5049%1.00$757.50$778.50
750/751781/782Sep 18$0.52$0.4847%1.08$750.48$781.52
760/761777/778Sep 4$0.50$0.5049%1.00$760.50$777.50
748/749781/782Sep 18$0.50$0.5049%1.00$748.50$781.50
758/759778/779Sep 8$0.48$0.5251%0.92$758.52$778.48
738/739782/783Sep 30$0.50$0.5049%1.00$738.50$782.50
746/747780/781Sep 18$0.50$0.5049%1.00$746.50$780.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 364 found (best R:R 10.11, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$770.00$771.00$772.00Aug 28$0.09$0.9121%10.11
$769.00$770.00$771.00Aug 28$0.08$0.9217%11.50
$771.00$772.00$773.00Aug 31$0.07$0.9315%13.29
$695.00$700.00$705.00Sep 25$0.07$4.933%70.43
$772.00$773.00$774.00Aug 28$0.15$0.8526%5.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$770.00$771.00$772.00Aug 28$0.10$0.9021%9.00
$770.00$771.00$772.00Aug 31$0.06$0.9414%15.67
$769.00$770.00$771.00Aug 28$0.08$0.9217%11.50
$772.00$773.00$774.00Aug 28$0.14$0.8626%6.14
$774.00$775.00$776.00Aug 31$0.07$0.9314%13.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,154 found (best net $-2.43, 1,149 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$695.00$723.001:2Sep 8-$22.11$5.89
$700.00$728.001:2Oct 9-$22.75$5.25
$740.00$756.001:2Oct 9-$11.84$4.16
$825.00$835.001:2Oct 9-$0.02$9.98
$773.00$774.001:2Aug 28-$0.12$0.88
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$798.00$786.001:2Sep 2-$2.43$9.57
$780.00$775.001:2Sep 10-$3.01$1.99
$685.00$645.001:2Sep 9-$0.02$39.98
$695.00$675.001:2Sep 10-$0.05$19.95
$768.00$767.001:2Aug 28-$0.06$0.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 320 found (best yield 1.71%, avg 0.39%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$773.00Oct 9$13.180.480.1%1.71%1.80%218
$774.00Oct 9$12.600.470.2%1.63%1.85%71
$775.00Oct 9$12.040.460.3%1.56%1.91%620
$776.00Oct 9$11.490.450.5%1.49%1.97%1147
$777.00Oct 9$10.950.440.6%1.42%2.03%128
$778.00Oct 9$10.430.430.7%1.35%2.09%728
$779.00Oct 9$9.920.410.9%1.28%2.15%514
$780.00Oct 9$9.440.401.0%1.22%2.22%1562
$782.00Oct 9$8.500.381.2%1.10%2.36%1--
$783.00Oct 9$8.060.361.4%1.04%2.43%5--

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 1,292,804
Total Puts 1,375,397
Put/Call Ratio 1.06
Net Difference -82,593

Prior's Put/Call Breakdown

Total Calls 1,279,027
Total Puts 1,225,430
Put/Call Ratio 0.96
Net Difference 53,597

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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