Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$766.17 -0.41%
8/31 09:45

Option Volume

Detail
Current (08/31 9:45am) 634,330
Calls: 256,321 (40%)
Puts: 378,009 (60%)
Prior (08/28) 479,828
Calls: 250,573 (52%)
Puts: 229,255 (48%)
Current vs Prior +32.20%
Calls: +2.29% (Calls)
Puts: +64.89% (Puts)
Prior 7-Day Total 65,287,562
Calls: 30,731,903 (47%)
Puts: 34,555,659 (53%)
Prior 7-Day Average 9,326,794
Calls: 4,390,271 (47%)
Puts: 4,936,522 (53%)
Current vs Prior 7-Day Avg -93.20%
Calls: -94.16%
Puts: -92.34%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 9:45am) $82.35M
Calls: $31.36M (38%)
Puts: $50.98M (62%)
Prior (08/28) $73.58M
Calls: $47.45M (64%)
Puts: $26.12M (36%)
Current vs Prior +11.92%
Calls: -33.91%
Puts: +95.18%
Prior 7-Day Total $7.74B
Calls: $3.43B (44%)
Puts: $4.31B (56%)
Prior 7-Day Average $1.11B
Calls: $489.75M (44%)
Puts: $615.58M (56%)
Current vs Prior 7-Day Avg -92.55%
Calls: -93.60%
Puts: -91.72%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/31 9:45am) 1.47
Prior (08/28) 0.91
Current vs Prior +61.19%
Prior 7-Day Average 1.13
Current vs Prior 7-Day Avg +30.20%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 9:45am) 8,682,899
Calls: 2,399,016 (28%)
Puts: 6,283,883 (72%)
Prior (08/28) 8,826,225
Calls: 2,433,290 (28%)
Puts: 6,392,935 (72%)
Current vs Prior -1.62%
Prior 7-Day Total 66,918,499
Calls: 18,237,083 (27%)
Puts: 48,681,416 (73%)
Prior 7-Day Average 9,559,785
Calls: 2,605,297 (27%)
Puts: 6,954,488 (73%)
Current vs Prior 7-Day Avg -9.17%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/31) | Next (09/01)Expiry (08/31) | Next (09/02)Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 0.39% | 0.62%0.39% | 0.79%1.10% | 1.63%2.26% | 3.76%
Prior 0.52% | 0.69%0.15% | 0.52%0.15% | 1.13%2.26% | 3.75%
Current vs Prior -23.61% | -10.03%+156.98% | +52.27%+616.43% | +44.00%+0.13% | +0.24%
Prior 7-Day Avg 0.54% | 0.77%0.39% | 0.79%0.68% | 1.49%1.86% | 3.70%
Current vs 7-Day Avg -26.61% | -19.40%+2.07% | -0.30%+62.17% | +9.65%+21.67% | +1.64%
Prior 7-Day Eod 0.52% | 0.69%0.15% | 0.52%0.15% | 1.13%2.26% | 3.75%
Current vs 7-Day Eod -23.61% | -10.03%+156.98% | +52.27%+616.43% | +44.00%+0.13% | +0.24%
Sentiment BULLISHBEARISHBEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 0.97% | 0.82%
Calls: 0.74% | 0.44%
Puts: 1.20% | 1.21%
Prior 1.99% | 2.41%
Calls: 1.63% | 1.57%
Puts: 2.35% | 3.24%
Current vs Prior -51.26% | -65.98%
Prior 7-Day Avg 1.44% | 1.36%
Calls: 1.46% | 1.15%
Puts: 1.42% | 1.56%
Current vs 7-Day Avg -32.64% | -39.58%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 62% put dollar volume ($50.98M). Bearish P/C ratio of 1.47 indicates protective positioning. P/C ratio rising 61% - increased hedging/bearish positioning. Put-heavy open interest (6,283,883 puts vs 2,399,016 calls) suggests hedging or bearish 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 BEARISH
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 NEUTRAL
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:45BEARISHBEARISHBEARISH
09:40BEARISHBEARISHBEARISH
09:35BEARISHBEARISHBEARISH

📈 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 2,184 of results (avg 2.9%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$640.00Aug 31126.06126.28$126.170.2%--1.002.6K
$641.00Aug 31125.06125.28$125.170.2%--1.001.8K
$643.00Aug 31123.06123.28$123.170.2%--1.001.6K
$644.00Aug 31122.06122.28$122.170.2%--1.001.3K
$645.00Aug 31121.06121.28$121.170.2%--1.001.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Sep 183.663.67$3.670.3%1.4K0.2656.0K
$749.00Sep 183.493.50$3.500.3%2910.253.2K
$740.00Sep 253.363.37$3.370.3%140.201.8K
$748.00Sep 183.333.34$3.340.3%1100.232.4K
$747.00Sep 183.183.19$3.190.3%350.233.3K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 775 found (avg $0.36, cheapest $0.08)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Aug 310.070.08$0.0812.5%10.1K0.0610.1K
$770.00Aug 310.140.15$0.156.7%20.7K0.0913.7K
$769.00Aug 310.270.28$0.283.6%20.8K0.157.0K
$768.00Aug 310.490.50$0.502.0%29.8K0.242.5K
$776.00Sep 10.050.06$0.0616.7%5450.032.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Aug 310.150.16$0.166.3%12.0K0.105.8K
$762.00Aug 310.230.24$0.244.2%12.2K0.146.9K
$760.00Aug 310.110.12$0.128.3%17.2K0.0743.0K
$763.00Aug 310.350.36$0.362.8%22.0K0.205.0K
$759.00Aug 310.080.09$0.0911.1%9.9K0.054.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,041 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$615.00Aug 31149.49152.81$151.152.2%--1.0021
$618.00Aug 31146.49149.81$148.152.2%--1.0010
$625.00Aug 31139.49142.81$141.152.4%--1.0047
$626.00Aug 31138.49141.81$140.152.4%--1.0019
$630.00Aug 31134.49137.81$136.152.4%--1.0011
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$784.00Sep 416.9418.28$17.617.6%--1.00132
$785.00Sep 417.6820.00$18.8412.3%--1.0022
$790.00Sep 422.0925.51$23.8014.4%101.00--
$795.00Sep 427.0930.51$28.8011.9%11.009
$800.00Sep 432.0935.51$33.8010.1%--1.0042

Most actively traded options today. High liquidity = easy entry/exit. 1,539 active (total vol 632.0K, top 50.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Aug 310.850.86$0.861.2%34.5K0.362.8K
$768.00Aug 310.490.50$0.502.0%29.8K0.242.5K
$766.00Aug 311.351.36$1.360.7%21.5K0.492.8K
$769.00Aug 310.270.28$0.283.6%20.8K0.157.0K
$770.00Aug 310.140.15$0.156.7%20.7K0.0913.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Aug 311.151.16$1.150.9%50.1K0.519.1K
$765.00Aug 310.780.79$0.791.3%44.6K0.399.2K
$767.00Aug 311.651.67$1.661.2%25.6K0.646.8K
$764.00Aug 310.520.53$0.531.9%22.4K0.297.2K
$763.00Aug 310.350.36$0.362.8%22.0K0.205.0K

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 28.5%, max 46.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Aug 31Oct 216.9%11.6%46.0%5532.5K
$764.00Aug 31Oct 216.2%11.4%41.7%9931.3K
$766.00Aug 31Oct 215.3%11.1%37.1%21.5K2.9K
$765.00Aug 31Oct 915.5%11.4%36.4%4.9K4.6K
$767.00Aug 31Oct 914.8%11.2%32.8%34.5K2.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Aug 31Oct 916.9%11.6%45.0%22.0K5.0K
$764.00Aug 31Oct 916.2%11.5%40.6%22.4K7.3K
$765.00Aug 31Oct 915.5%11.4%36.4%44.6K9.3K
$766.00Aug 31Oct 915.3%11.3%35.5%50.1K9.1K
$767.00Aug 31Oct 914.8%11.2%32.8%25.6K7.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 758 found (best R:R 5.25, avg 4.18)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$694.00$695.00Sep 18$0.32$0.68$0.32100%2.13$694.32
$738.00$740.00Sep 25$0.99$1.01$0.9983%1.02$738.99
$741.00$742.00Sep 18$0.26$0.74$0.2684%2.85$741.26
$726.00$727.00Sep 30$0.32$0.68$0.3288%2.12$726.32
$742.00$743.00Sep 11$0.36$0.64$0.3689%1.78$742.36
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$790.00$788.00Sep 25$0.32$1.68$0.3287%5.25$789.68
$785.00$783.00Sep 25$0.90$1.10$0.9082%1.22$784.10
$786.00$785.00Sep 30$0.10$0.90$0.1080%9.00$785.90
$785.00$784.00Sep 18$0.17$0.83$0.1785%4.88$784.83
$789.00$787.00Oct 2$0.95$1.05$0.9582%1.11$788.05

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 546 found (best R:R 0.73, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 14$2.11$2.11$2.8960%0.73$772.11
$775.00$780.00Sep 14$1.38$1.38$3.6272%0.38$776.38
$785.00$800.00Sep 14$0.55$0.55$14.4591%0.04$785.55
$781.00$785.00Oct 9$1.38$1.38$2.6269%0.53$782.38
$780.00$785.00Sep 14$0.77$0.77$4.2383%0.18$780.77
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$760.00$759.00Sep 1$0.11$0.11$0.8983%0.12$759.89
$763.00$762.00Aug 31$0.12$0.12$0.8880%0.14$762.88
$762.00$761.00Sep 1$0.18$0.18$0.8275%0.22$761.82
$760.00$759.00Sep 2$0.16$0.16$0.8478%0.19$759.84
$759.00$758.00Sep 2$0.13$0.13$0.8781%0.15$758.87

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.86, cheapest $0.83)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$765.00Aug 31Sep 1$0.8815.5%11.9%
$766.00Aug 31Sep 1$0.9015.3%12.1%
$767.00Aug 31Sep 1$0.8814.8%11.9%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$765.00Aug 31Sep 1$0.8315.5%11.9%
$766.00Aug 31Sep 1$0.8615.3%12.1%
$767.00Aug 31Sep 1$0.8214.8%11.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 840 found (cheapest 0.33% of stock, avg 3.66%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$766.00Aug 31$1.36$1.15$2.51$763.49$768.510.33%
$767.00Aug 31$0.86$1.66$2.52$764.48$769.520.33%
$765.00Aug 31$1.99$0.79$2.78$762.22$767.780.36%
$768.00Aug 31$0.50$2.30$2.80$765.20$770.800.37%
$764.00Aug 31$2.73$0.53$3.26$760.74$767.260.43%
$769.00Aug 31$0.28$3.08$3.36$765.64$772.360.44%
$763.00Aug 31$3.55$0.36$3.91$759.09$766.910.51%
$770.00Aug 31$0.15$3.95$4.10$765.90$774.100.54%
$767.00Sep 1$1.74$2.48$4.22$762.78$771.220.55%
$766.00Sep 1$2.26$2.01$4.27$761.73$770.270.56%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 370 found (cheapest 0.04% of stock, avg 1.33%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$770.00$761.00Aug 31$0.15$0.16$0.31$760.69$770.31
$770.00$762.00Aug 31$0.15$0.24$0.39$761.61$770.39
$769.00$761.00Aug 31$0.28$0.16$0.44$760.56$769.44
$769.00$762.00Aug 31$0.28$0.24$0.52$761.48$769.52
$770.00$763.00Aug 31$0.15$0.36$0.51$762.49$770.51
$769.00$763.00Aug 31$0.28$0.36$0.64$762.36$769.64
$768.00$761.00Aug 31$0.50$0.16$0.66$760.34$768.66
$768.00$762.00Aug 31$0.50$0.24$0.74$761.26$768.74
$770.00$764.00Aug 31$0.15$0.53$0.68$763.32$770.68
$768.00$763.00Aug 31$0.50$0.36$0.86$762.14$768.86

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 447 found (best R:R 0.96, avg credit $0.49)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
738/739775/776Sep 18$0.49$0.5153%0.96$738.51$775.49
735/736775/776Sep 25$0.52$0.4849%1.08$735.48$775.52
739/740775/776Sep 18$0.49$0.5152%0.96$739.51$775.49
738/739774/775Sep 18$0.50$0.5051%1.00$738.50$774.50
735/736776/777Sep 25$0.50$0.5051%1.00$735.50$776.50
742/743775/776Sep 18$0.51$0.4950%1.04$742.49$775.51
747/748772/773Sep 11$0.51$0.4950%1.04$747.49$772.51
748/749772/773Sep 11$0.52$0.4848%1.08$748.48$772.52
741/742775/776Sep 18$0.50$0.5050%1.00$741.50$775.50
748/749772/773Sep 10$0.48$0.5252%0.92$748.52$772.48

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 266 found (best R:R 10.11, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$765.00$770.00$775.00Sep 14$0.66$4.3424%6.58
$763.00$764.00$765.00Aug 31$0.08$0.9219%11.50
$763.00$764.00$765.00Sep 1$0.05$0.9513%19.00
$762.00$763.00$764.00Aug 31$0.06$0.9414%15.67
$764.00$765.00$766.00Aug 31$0.11$0.8923%8.09
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.45$4.5521%10.11
$750.00$755.00$760.00Sep 14$0.32$4.6816%14.62
$745.00$750.00$755.00Sep 14$0.24$4.7612%19.83
$740.00$745.00$750.00Sep 14$0.16$4.849%30.25
$735.00$740.00$745.00Sep 14$0.12$4.886%40.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,099 found (best net $-11.29, 1,095 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$690.001:2Sep 1-$11.29$53.71
$718.00$739.001:2Sep 3-$6.48$14.52
$715.00$740.001:2Oct 9-$10.61$14.39
$740.00$760.001:2Oct 9-$1.95$18.05
$720.00$737.001:2Sep 2-$13.46$3.54
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$803.00$788.001:2Sep 11-$7.38$7.62
$780.00$770.001:2Sep 14-$0.97$9.03
$794.00$783.001:2Sep 3-$6.42$4.58
$803.00$790.001:2Aug 31-$11.01$1.99
$725.00$715.001:2Sep 14-$0.24$9.76

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 301 found (best yield 1.70%, avg 0.39%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$767.00Oct 9$13.000.470.1%1.70%1.81%11
$768.00Oct 9$12.410.470.2%1.62%1.86%964
$769.00Oct 9$11.840.460.4%1.55%1.91%--36
$770.00Oct 9$11.290.440.5%1.47%1.97%1370
$771.00Oct 9$10.740.430.6%1.40%2.03%109
$772.00Oct 9$10.210.420.8%1.33%2.09%843
$773.00Oct 9$9.700.410.9%1.27%2.16%2413
$774.00Oct 9$9.200.401.0%1.20%2.22%736
$775.00Oct 9$8.720.381.1%1.14%2.29%--153
$776.00Oct 9$8.250.371.3%1.08%2.36%--55

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 256,321
Total Puts 378,009
Put/Call Ratio 1.47
Net Difference -121,688

Prior's Put/Call Breakdown

Total Calls 250,573
Total Puts 229,255
Put/Call Ratio 0.91
Net Difference 21,318

Prior 7-Day Put/Call Summary

Total Calls 30,731,903
Total Puts 34,555,659
Average Put/Call Ratio 1.13
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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