Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$768.88 -0.29%
8/28 13:05

Option Volume

Detail
Current (08/28 1:05pm) 8,107,763
Calls: 3,921,709 (48%)
Puts: 4,186,054 (52%)
Prior (08/27) 5,924,282
Calls: 3,021,787 (51%)
Puts: 2,902,495 (49%)
Current vs Prior +36.86%
Calls: +29.78% (Calls)
Puts: +44.22% (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 -9.84%
Calls: -6.31%
Puts: -12.92%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 1:05pm) $1.40B
Calls: $323.03M (23%)
Puts: $1.08B (77%)
Prior (08/27) $884.95M
Calls: $696.82M (79%)
Puts: $188.13M (21%)
Current vs Prior +58.23%
Calls: -53.64%
Puts: +472.60%
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 +34.79%
Calls: -31.49%
Puts: +89.88%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 1:05pm) 1.07
Prior (08/27) 0.96
Current vs Prior +11.13%
Prior 7-Day Average 1.15
Current vs Prior 7-Day Avg -7.24%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 1:05pm) 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 0.39% | 0.68%0.39% | 0.68%0.39% | 1.28%2.35% | 3.84%
Prior 0.62% | 0.81%0.62% | 0.81%0.62% | 1.33%2.37% | 3.83%
Current vs Prior -37.50% | -16.19%-37.50% | -16.18%-37.50% | -3.81%-0.97% | +0.43%
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 -28.03% | -11.28%-0.41% | -16.20%-48.98% | -16.46%+50.46% | +7.24%
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 -37.50% | -16.19%-37.50% | -16.18%-37.50% | -3.81%-0.97% | +0.43%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.98% | 0.94%
Calls: 1.16% | 1.03%
Puts: 0.81% | 0.85%
Prior 1.68% | 1.40%
Calls: 0.52% | 1.10%
Puts: 2.83% | 1.69%
Current vs Prior -41.67% | -32.86%
Prior 7-Day Avg 1.37% | 1.15%
Calls: 1.40% | 1.03%
Puts: 1.34% | 1.26%
Current vs 7-Day Avg -28.62% | -18.06%
Liquidity Excellent
+
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🤖 AI Insights

Strong bearish conviction with 77% of dollar volume in puts ($1.08B) vs calls ($323.03M). Elevated premium activity with dollar volume up 58% vs prior. Slightly bearish P/C ratio of 1.07. Put-heavy open interest (6,392,935 puts vs 2,433,290 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
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
13:05BEARISHNEUTRALBEARISH
13:00BEARISHNEUTRALBEARISH
12:55BEARISHNEUTRALBEARISH
12:50BEARISHNEUTRALBEARISH
12:45BEARISHNEUTRALBEARISH
12:40BEARISHNEUTRALBEARISH
12:35BEARISHNEUTRALBEARISH
12:30BEARISHBEARISHBEARISH
12:25BEARISHBEARISHBEARISH
12:20BEARISHBEARISHBEARISH
12:15BEARISHBEARISHBEARISH
12:10BEARISHBEARISHBEARISH
12:05BEARISHBEARISHBEARISH
12:00BEARISHBEARISHBEARISH
11:55BEARISHBEARISHBEARISH
11:50BULLISHBEARISHBEARISH
11:45BULLISHNEUTRALMIXED
11:40BULLISHNEUTRALMIXED
11:35BULLISHNEUTRALMIXED
11:30BULLISHNEUTRALMIXED
11:25BULLISHNEUTRALMIXED
11:20BULLISHNEUTRALMIXED
11:15BULLISHNEUTRALMIXED
11:10BULLISHNEUTRALMIXED
11:05BULLISHNEUTRALBULLISH
11:00BULLISHNEUTRALBULLISH
10:55BULLISHNEUTRALBULLISH
10:50BULLISHNEUTRALMIXED
10:45BULLISHNEUTRALMIXED
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 2,307 of results (avg 3.5%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Aug 28143.83144.08$143.960.2%61.004
$782.00Sep 254.134.14$4.140.2%1090.28457
$783.00Sep 253.803.81$3.810.3%1010.26307
$620.00Aug 28148.83149.25$149.040.3%--1.0018
$670.00Aug 2898.8399.11$98.970.3%21.007
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Sep 259.119.12$9.110.1%1.5K0.49536
$766.00Sep 258.738.74$8.740.1%4910.471.7K
$885.00Aug 28115.99116.17$116.080.2%21.00--
$855.00Aug 2885.9986.17$86.080.2%11.00--
$768.00Sep 259.509.52$9.510.2%1.6K0.512.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 831 found (avg $0.35, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Aug 280.080.09$0.0911.1%401.3K0.074.5K
$772.00Aug 280.170.18$0.185.6%408.1K0.1411.5K
$771.00Aug 280.350.36$0.362.8%295.7K0.2311.4K
$770.00Aug 280.660.67$0.671.5%168.3K0.3619.6K
$778.00Aug 310.070.08$0.0812.5%18.2K0.042.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Aug 280.070.08$0.0812.5%42.2K0.046.6K
$761.00Aug 280.050.06$0.0616.7%35.0K0.035.2K
$764.00Aug 280.160.17$0.175.9%63.5K0.098.6K
$763.00Aug 280.110.12$0.128.3%50.3K0.0610.1K
$765.00Aug 280.240.25$0.254.0%118.8K0.1321.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,329 found (avg delta 0.88, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Aug 28148.83149.25$149.040.3%--1.0018
$625.00Aug 28143.83144.08$143.960.2%61.004
$630.00Aug 28138.83139.25$139.040.3%--1.0012
$635.00Aug 28133.83134.25$134.040.3%11.002
$645.00Aug 28123.83124.25$124.040.3%11.002
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$775.00Aug 285.966.18$6.073.6%138.1K1.001.8K
$776.00Aug 286.957.19$7.073.4%26.0K1.001.5K
$777.00Aug 287.948.17$8.062.9%9.2K1.00255
$778.00Aug 289.019.18$9.091.9%3.1K1.00117
$779.00Aug 289.9410.18$10.062.4%8781.005

Most actively traded options today. High liquidity = easy entry/exit. 2,749 active (total vol 8.1M, top 542.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$775.00Aug 280.020.03$0.0333.3%494.4K0.0214.0K
$772.00Aug 280.170.18$0.185.6%408.1K0.1411.5K
$773.00Aug 280.080.09$0.0911.1%401.3K0.074.5K
$774.00Aug 280.040.05$0.0520.0%386.6K0.047.2K
$776.00Aug 280.020.03$0.0333.3%305.9K0.0211.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Aug 281.751.76$1.760.6%542.9K0.6413.1K
$771.00Aug 282.432.46$2.451.2%374.7K0.776.8K
$772.00Aug 283.253.28$3.260.9%318.3K0.863.1K
$769.00Aug 281.221.23$1.230.8%281.2K0.505.9K
$773.00Aug 284.124.22$4.172.4%234.6K0.932.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 81.8%, max 107.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$766.00Aug 28Oct 223.1%11.2%107.4%3.5K5.4K
$767.00Aug 28Oct 222.1%11.0%100.1%8.6K7.0K
$768.00Aug 28Oct 921.0%11.1%89.8%19.2K10.6K
$769.00Aug 28Oct 920.0%11.0%82.7%52.3K3.9K
$770.00Aug 28Oct 919.4%10.8%78.8%168.4K19.6K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$766.00Aug 28Oct 923.1%11.3%104.6%108.0K6.4K
$767.00Aug 28Oct 922.1%11.2%97.3%145.9K8.5K
$768.00Aug 28Oct 920.9%11.1%88.9%225.5K10.5K
$769.00Aug 28Oct 920.1%11.0%83.6%281.2K5.9K
$770.00Aug 28Oct 919.4%10.8%78.8%543.0K13.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 805 found (best R:R 0.57, avg 4.00)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$758.00$759.00Aug 31$0.25$0.75$0.2594%3.00$758.25
$724.00$725.00Sep 18$0.31$0.69$0.3194%2.23$724.31
$685.00$686.00Sep 18$0.40$0.60$0.40100%1.50$685.40
$745.00$746.00Sep 1$0.41$0.59$0.41100%1.44$745.41
$740.00$741.00Sep 4$0.44$0.56$0.4496%1.27$740.44
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$798.00$795.00Sep 30$1.91$1.09$1.9188%0.57$796.09
$795.00$793.00Sep 18$1.12$0.88$1.1292%0.79$793.88
$776.00$775.00Sep 3$0.12$0.88$0.1278%7.33$775.88
$785.00$784.00Sep 11$0.34$0.66$0.3486%1.94$784.66
$786.00$785.00Aug 31$0.52$0.48$0.5299%0.92$785.48

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 594 found (best R:R 1.44, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$769.00$770.00Sep 18$0.59$0.59$0.4152%1.44$769.59
$769.00$770.00Oct 9$0.59$0.59$0.4152%1.44$769.59
$770.00$771.00Oct 9$0.58$0.58$0.4253%1.38$770.58
$772.00$773.00Oct 2$0.55$0.55$0.4555%1.22$772.55
$769.00$770.00Sep 25$0.58$0.58$0.4252%1.38$769.58
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$767.00$766.00Aug 28$0.19$0.19$0.8173%0.23$766.81
$766.00$765.00Aug 28$0.12$0.12$0.8881%0.14$765.88
$762.00$761.00Aug 31$0.11$0.11$0.8985%0.12$761.89
$756.00$755.00Sep 4$0.13$0.13$0.8784%0.15$755.87
$761.00$760.00Sep 1$0.13$0.13$0.8783%0.15$760.87

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.12, cheapest $1.17)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$768.00Aug 28Aug 31$1.1721.0%8.0%
$769.00Aug 28Aug 31$1.1720.0%7.7%
$770.00Aug 28Aug 31$1.1219.4%8.3%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$768.00Aug 28Aug 31$1.0920.9%8.0%
$769.00Aug 28Aug 31$1.1120.1%7.8%
$770.00Aug 28Aug 31$1.0619.4%8.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,075 found (cheapest 0.31% of stock, avg 3.87%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$769.00Aug 28$1.13$1.23$2.36$766.64$771.360.31%
$770.00Aug 28$0.67$1.76$2.43$767.57$772.430.32%
$768.00Aug 28$1.73$0.83$2.56$765.44$770.560.33%
$771.00Aug 28$0.36$2.45$2.81$768.19$773.810.37%
$767.00Aug 28$2.46$0.56$3.02$763.98$770.020.39%
$772.00Aug 28$0.18$3.26$3.44$768.56$775.440.45%
$766.00Aug 28$3.26$0.37$3.63$762.37$769.630.47%
$773.00Aug 28$0.09$4.17$4.26$768.74$777.260.55%
$765.00Aug 28$4.14$0.25$4.39$760.61$769.390.57%
$769.00Aug 31$2.30$2.34$4.64$764.36$773.640.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 375 found (cheapest 0.03% of stock, avg 1.39%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$773.00$764.00Aug 28$0.09$0.17$0.26$763.74$773.26
$773.00$765.00Aug 28$0.09$0.25$0.34$764.66$773.34
$772.00$764.00Aug 28$0.18$0.17$0.35$763.65$772.35
$772.00$765.00Aug 28$0.18$0.25$0.43$764.57$772.43
$773.00$766.00Aug 28$0.09$0.37$0.46$765.54$773.46
$772.00$766.00Aug 28$0.18$0.37$0.55$765.45$772.55
$771.00$764.00Aug 28$0.36$0.17$0.53$763.47$771.53
$771.00$765.00Aug 28$0.36$0.25$0.61$764.39$771.61
$771.00$766.00Aug 28$0.36$0.37$0.73$765.27$771.73
$773.00$767.00Aug 28$0.09$0.56$0.65$766.35$773.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 377 found (best R:R 1.00, avg credit $0.46)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
751/752774/775Sep 8$0.50$0.5052%1.00$751.50$774.50
751/752775/776Sep 8$0.47$0.5355%0.89$751.53$775.47
734/735778/779Sep 25$0.51$0.4951%1.04$734.49$778.51
753/754774/775Sep 8$0.52$0.4849%1.08$753.48$774.52
753/754775/776Sep 8$0.49$0.5152%0.96$753.51$775.49
756/757773/774Sep 3$0.49$0.5152%0.96$756.51$773.49
755/756775/776Sep 4$0.46$0.5455%0.85$755.54$775.46
741/742777/778Sep 18$0.51$0.4950%1.04$741.49$777.51
755/756774/775Sep 8$0.54$0.4646%1.17$755.46$774.54
755/756775/776Sep 8$0.51$0.4950%1.04$755.49$775.51

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 348 found (best R:R 13.29, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$766.00$767.00$768.00Aug 28$0.07$0.9318%13.29
$768.00$769.00$770.00Aug 28$0.14$0.8627%6.14
$766.00$767.00$768.00Aug 31$0.06$0.9412%15.67
$769.00$770.00$771.00Aug 28$0.15$0.8527%5.67
$766.00$767.00$768.00Sep 1$0.05$0.9510%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$768.00$769.00$770.00Aug 28$0.13$0.8727%6.69
$766.00$767.00$768.00Aug 28$0.08$0.9218%11.50
$768.00$769.00$770.00Aug 31$0.06$0.9414%15.67
$770.00$771.00$772.00Aug 28$0.12$0.8822%7.33
$768.00$769.00$770.00Sep 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. 1,152 found (best net $-17.36, 1,147 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$635.00$695.001:2Oct 2-$17.36$42.64
$700.00$728.001:2Oct 9-$20.20$7.80
$769.00$770.001:2Aug 28-$0.21$0.79
$771.00$772.001:2Aug 28$0.00$1.00
$825.00$835.001:2Oct 9-$0.03$9.97
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$825.00$800.001:2Sep 4-$5.81$19.19
$854.00$825.001:2Sep 4-$26.84$2.16
$665.00$620.001:2Sep 10-$0.01$44.99
$675.00$650.001:2Sep 9-$0.04$24.96
$690.00$675.001:2Sep 10-$0.09$14.91

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 344 found (best yield 1.79%, avg 0.42%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$769.00Oct 9$13.730.480.0%1.79%1.80%1923
$770.00Oct 9$13.140.470.1%1.71%1.85%3034
$771.00Oct 9$12.560.470.3%1.63%1.91%713
$772.00Oct 9$11.990.460.4%1.56%1.97%5712
$773.00Oct 9$11.440.450.5%1.49%2.02%1518
$774.00Oct 9$10.910.430.7%1.42%2.08%441
$775.00Oct 9$10.390.420.8%1.35%2.15%15320
$776.00Oct 9$9.880.410.9%1.28%2.21%2547
$777.00Oct 9$9.400.401.1%1.22%2.28%208
$778.00Oct 9$8.920.391.2%1.16%2.35%13828

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 3,921,709
Total Puts 4,186,054
Put/Call Ratio 1.07
Net Difference -264,345

Prior's Put/Call Breakdown

Total Calls 3,021,787
Total Puts 2,902,495
Put/Call Ratio 0.96
Net Difference 119,292

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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