Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$769.35 -0.23%
$769.21 (-0.02%)🌙
as of 08/28 04:00 PM
8/28 16:00

Option Volume

Detail
Current (08/28 4:00pm) 11,773,456
Calls: 5,830,085 (50%)
Puts: 5,943,371 (50%)
Prior (08/27) 9,978,071
Calls: 4,981,840 (50%)
Puts: 4,996,231 (50%)
Current vs Prior +17.99%
Calls: +17.03% (Calls)
Puts: +18.96% (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 +30.92%
Calls: +39.28%
Puts: +23.64%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28 4:00pm) $1.39B
Calls: $403.98M (29%)
Puts: $987.45M (71%)
Prior (08/27) $1.06B
Calls: $728.73M (68%)
Puts: $336.04M (32%)
Current vs Prior +30.68%
Calls: -44.56%
Puts: +193.85%
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 +33.94%
Calls: -14.32%
Puts: +74.06%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28 4:00pm) 1.02
Prior (08/27) 1.00
Current vs Prior +1.65%
Prior 7-Day Average 1.15
Current vs Prior 7-Day Avg -11.41%
Sentiment BEARISH

Open Interest

Detail
Current (08/28 4:00pm) 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 0.16% | 0.53%0.16% | 0.53%0.16% | 1.15%2.26% | 3.75%
Prior 0.62% | 0.81%0.62% | 0.81%0.62% | 1.33%2.37% | 3.83%
Current vs Prior -14.12% | -13.36%-74.46% | -34.94%-74.46% | -14.11%-4.60% | -1.88%
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 -1.10% | -8.29%-59.31% | -34.95%-79.15% | -25.40%+44.94% | +4.78%
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 -14.12% | -13.36%-74.46% | -34.94%-74.46% | -14.11%-4.60% | -1.88%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.71% | 2.57%
Calls: 1.56% | 1.89%
Puts: 1.86% | 3.25%
Prior 1.68% | 1.40%
Calls: 0.52% | 1.10%
Puts: 2.83% | 1.69%
Current vs Prior +1.79% | +83.57%
Prior 7-Day Avg 1.37% | 1.15%
Calls: 1.40% | 1.03%
Puts: 1.34% | 1.26%
Current vs 7-Day Avg +24.56% | +124.03%
Liquidity Good
+
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🤖 AI Insights

Moderately bearish flow with 71% put dollar volume ($987.45M). Slightly bearish P/C ratio of 1.02. 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
16:00BEARISHNEUTRALBEARISH
15:55BEARISHNEUTRALBEARISH
15:50BEARISHNEUTRALBEARISH
15:45BEARISHNEUTRALBEARISH
15:40BEARISHNEUTRALBEARISH
15:35BEARISHNEUTRALBEARISH
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12:00BEARISHBEARISHBEARISH
11:55BEARISHBEARISHBEARISH
11:50BULLISHBEARISHBEARISH
11:45BULLISHNEUTRALMIXED
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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 2,392 of results (avg 3.5%, best 0.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Oct 212.5212.58$12.550.5%400.50299
$772.00Oct 911.9311.99$11.960.5%640.4612
$769.00Oct 913.6713.74$13.710.5%370.4923
$768.00Sep 3011.7111.77$11.740.5%150.50311
$773.00Oct 911.3711.43$11.400.5%210.4518
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 3012.1512.21$12.180.5%2720.57140
$772.00Sep 3011.6811.74$11.710.5%5040.55460
$771.00Sep 3011.2211.28$11.250.5%2820.54302
$775.00Oct 914.6814.76$14.720.5%360.5773
$774.00Oct 914.1814.26$14.220.6%290.56--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 831 found (avg $0.35, cheapest $0.36)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Aug 280.340.37$0.368.3%313.6K0.713.9K
$776.00Aug 310.080.09$0.0911.1%37.2K0.053.1K
$775.00Aug 310.140.15$0.156.7%74.0K0.085.1K
$774.00Aug 310.240.25$0.254.0%59.9K0.125.8K
$778.00Sep 10.110.13$0.1216.7%2.8K0.06570
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Aug 280.160.18$0.1711.8%604.8K0.295.9K
$770.00Aug 280.810.89$0.859.4%683.1K0.8613.1K
$757.00Aug 310.070.08$0.0812.5%3.4K0.037.0K
$758.00Aug 310.090.10$0.1010.0%5.6K0.043.2K
$761.00Aug 310.190.20$0.205.0%11.4K0.073.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,376 found (avg delta 0.89, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Aug 28148.92149.84$149.380.6%--1.0018
$625.00Aug 28143.92144.84$144.380.6%61.004
$630.00Aug 28138.97139.87$139.420.6%71.0012
$635.00Aug 28133.93134.81$134.370.7%11.002
$645.00Aug 28123.92124.84$124.380.7%11.002
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Aug 283.613.94$3.788.7%238.1K1.002.0K
$774.00Aug 284.614.98$4.807.7%222.7K1.002.3K
$775.00Aug 285.615.89$5.754.9%139.2K1.001.8K
$776.00Aug 286.616.96$6.795.2%26.9K1.001.5K
$777.00Aug 287.617.97$7.794.6%9.4K1.00255

Most actively traded options today. High liquidity = easy entry/exit. 2,986 active (total vol 11.7M, top 683.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Aug 280.010.02$0.0250.0%568.7K0.0311.5K
$770.00Aug 280.020.03$0.0333.3%557.2K0.1519.6K
$771.00Aug 280.010.02$0.0250.0%550.1K0.0411.4K
$773.00Aug 280.000.01$0.01100.0%526.5K0.014.5K
$775.00Aug 280.000.01$0.01100.0%525.7K0.0114.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Aug 280.810.89$0.859.4%683.1K0.8613.1K
$769.00Aug 280.160.18$0.1711.8%604.8K0.295.9K
$768.00Aug 280.020.03$0.0333.3%512.1K0.0610.5K
$771.00Aug 281.621.90$1.7615.9%402.6K0.966.8K
$772.00Aug 282.572.90$2.7412.0%326.2K0.963.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 2.7%, max 2.7%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$769.00Aug 28Oct 911.1%10.8%2.7%313.7K3.9K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$769.00Aug 28Oct 911.1%10.8%2.7%604.8K5.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 728 found (best R:R 3.17, avg 3.78)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$740.00$741.00Sep 8$0.24$0.76$0.2495%3.17$740.24
$708.00$710.00Sep 18$1.28$0.72$1.2896%0.56$709.28
$743.00$744.00Sep 30$0.20$0.80$0.2081%4.00$743.20
$752.00$753.00Sep 4$0.38$0.62$0.3891%1.63$752.38
$756.00$757.00Sep 18$0.19$0.81$0.1972%4.26$756.19
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$798.00$795.00Sep 30$1.95$1.05$1.9589%0.54$796.05
$794.00$793.00Sep 25$0.27$0.73$0.2787%2.70$793.73
$779.00$778.00Sep 18$0.11$0.89$0.1169%8.09$778.89
$785.00$784.00Oct 2$0.15$0.85$0.1572%5.67$784.85
$791.00$790.00Sep 18$0.31$0.69$0.3188%2.23$790.69

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 541 found (best R:R 1.44, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$771.00Oct 9$0.59$0.59$0.4152%1.44$770.59
$770.00$771.00Oct 2$0.58$0.58$0.4253%1.38$770.58
$771.00$772.00Sep 25$0.56$0.56$0.4454%1.27$771.56
$771.00$772.00Sep 30$0.56$0.56$0.4454%1.27$771.56
$772.00$773.00Oct 9$0.56$0.56$0.4454%1.27$772.56
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$769.00$768.00Aug 28$0.14$0.14$0.8671%0.16$768.86
$763.00$762.00Sep 1$0.14$0.14$0.8682%0.16$762.86
$765.00$764.00Aug 31$0.14$0.14$0.8680%0.16$764.86
$760.00$759.00Sep 2$0.11$0.11$0.8986%0.12$759.89
$755.00$754.00Sep 8$0.12$0.12$0.8885%0.14$754.88

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,110 found (cheapest 0.07% of stock, avg 3.89%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$769.00Aug 28$0.36$0.17$0.53$768.47$769.530.07%
$770.00Aug 28$0.03$0.85$0.88$769.12$770.880.11%
$768.00Aug 28$1.21$0.03$1.24$766.76$769.240.16%
$771.00Aug 28$0.02$1.76$1.78$769.22$772.780.23%
$767.00Aug 28$2.19$0.02$2.21$764.79$769.210.29%
$772.00Aug 28$0.02$2.74$2.76$769.24$774.760.36%
$766.00Aug 28$3.25$0.02$3.27$762.73$769.270.43%
$770.00Aug 31$1.40$2.15$3.55$766.45$773.550.46%
$769.00Aug 31$1.92$1.67$3.59$765.41$772.590.47%
$771.00Aug 31$0.97$2.72$3.69$767.31$774.690.48%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 352 found (cheapest 0.01% of stock, avg 1.37%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$770.00$768.00Aug 28$0.03$0.03$0.06$767.94$770.06
$770.00$769.00Aug 28$0.03$0.17$0.20$768.80$770.20
$774.00$765.00Aug 31$0.25$0.57$0.82$764.18$774.82
$773.00$765.00Aug 31$0.40$0.57$0.97$764.03$773.97
$774.00$766.00Aug 31$0.25$0.75$1.00$765.00$775.00
$773.00$766.00Aug 31$0.40$0.75$1.15$764.85$774.15
$772.00$765.00Aug 31$0.64$0.57$1.21$763.79$773.21
$772.00$766.00Aug 31$0.64$0.75$1.39$764.61$773.39
$774.00$767.00Aug 31$0.25$0.99$1.24$765.76$775.24
$773.00$767.00Aug 31$0.40$0.99$1.39$765.61$774.39

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 414 found (best R:R 1.00, avg credit $0.45)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
736/737779/780Sep 25$0.50$0.5052%1.00$736.50$779.50
754/755774/775Sep 8$0.51$0.4950%1.04$754.49$774.51
737/738779/780Sep 25$0.50$0.5051%1.00$737.50$779.50
754/755775/776Sep 8$0.47$0.5354%0.89$754.53$775.47
738/739779/780Sep 25$0.50$0.5050%1.00$738.50$779.50
741/742779/780Sep 25$0.52$0.4848%1.08$741.48$779.52
736/737778/779Sep 25$0.50$0.5050%1.00$736.50$778.50
735/736779/780Sep 30$0.51$0.4949%1.04$735.49$779.51
739/740779/780Sep 25$0.50$0.5050%1.00$739.50$779.50
742/743779/780Sep 25$0.52$0.4848%1.08$742.48$779.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 382 found (best R:R 3.35, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$769.00$770.00$771.00Aug 28$0.32$0.6867%2.12
$768.00$769.00$770.00Aug 28$0.52$0.4879%0.92
$767.00$768.00$769.00Aug 31$0.06$0.9417%15.67
$767.00$768.00$769.00Sep 1$0.05$0.9513%19.00
$767.00$768.00$769.00Aug 28$0.13$0.8726%6.69
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$769.00$770.00$771.00Aug 28$0.23$0.7767%3.35
$768.00$769.00$770.00Aug 28$0.54$0.4680%0.85
$767.00$768.00$769.00Aug 31$0.06$0.9417%15.67
$767.00$768.00$769.00Sep 1$0.05$0.9513%19.00
$767.00$768.00$769.00Aug 28$0.13$0.8726%6.69

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,166 found (best net $-17.36, 1,157 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$635.00$695.001:2Oct 2-$17.36$42.64
$767.00$768.001:2Aug 28-$0.23$0.77
$850.00$865.001:2Oct 9-$0.03$14.97
$840.00$850.001:2Oct 9-$0.04$9.96
$772.00$773.001:2Aug 31-$0.16$0.84
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$820.00$800.001:2Sep 4-$10.38$9.62
$820.00$800.001:2Sep 3-$10.88$9.12
$800.00$787.001:2Sep 3-$5.00$8.00
$854.00$825.001:2Sep 4-$26.90$2.10
$772.00$771.001:2Aug 28-$0.78$0.22

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 322 found (best yield 1.70%, avg 0.39%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$770.00Oct 9$13.080.480.1%1.70%1.78%5434
$771.00Oct 9$12.490.470.2%1.62%1.84%713
$772.00Oct 9$11.930.460.3%1.55%1.90%6412
$773.00Oct 9$11.370.450.5%1.48%1.95%2118
$774.00Oct 9$10.830.440.6%1.41%2.01%471
$775.00Oct 9$10.310.420.7%1.34%2.07%18120
$776.00Oct 9$9.800.410.9%1.27%2.14%4347
$777.00Oct 9$9.300.401.0%1.21%2.20%218
$778.00Oct 9$8.820.391.1%1.15%2.27%14928
$779.00Oct 9$8.360.381.2%1.09%2.34%2114

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 5,830,085
Total Puts 5,943,371
Put/Call Ratio 1.02
Net Difference -113,286

Prior's Put/Call Breakdown

Total Calls 4,981,840
Total Puts 4,996,231
Put/Call Ratio 1.00
Net Difference -14,391

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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