Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$765.70 -0.47%
8/31 10:15

Option Volume

Detail
Current (08/31 10:15am) 1,622,250
Calls: 657,657 (41%)
Puts: 964,593 (59%)
Prior (08/28) 1,634,576
Calls: 772,242 (47%)
Puts: 862,334 (53%)
Current vs Prior -0.75%
Calls: -14.84% (Calls)
Puts: +11.86% (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 -82.61%
Calls: -85.02%
Puts: -80.46%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 10:15am) $219.38M
Calls: $80.96M (37%)
Puts: $138.42M (63%)
Prior (08/28) $247.56M
Calls: $97.35M (39%)
Puts: $150.21M (61%)
Current vs Prior -11.38%
Calls: -16.84%
Puts: -7.85%
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 -80.15%
Calls: -83.47%
Puts: -77.51%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/31 10:15am) 1.47
Prior (08/28) 1.12
Current vs Prior +31.35%
Prior 7-Day Average 1.13
Current vs Prior 7-Day Avg +29.49%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 10:15am) 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 0.36% | 0.60%0.36% | 0.77%1.09% | 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 -30.40% | -12.63%+134.09% | +49.07%+610.89% | +44.09%+0.25% | +0.20%
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 -33.13% | -21.73%-7.02% | -2.40%+60.91% | +9.72%+21.81% | +1.60%
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 -30.40% | -12.63%+134.09% | +49.07%+610.89% | +44.09%+0.25% | +0.20%
Sentiment BULLISHBEARISHBEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 1.06% | 0.64%
Calls: 1.30% | 0.80%
Puts: 0.83% | 0.47%
Prior 1.99% | 2.41%
Calls: 1.63% | 1.57%
Puts: 2.35% | 3.24%
Current vs Prior -46.73% | -73.44%
Prior 7-Day Avg 1.44% | 1.36%
Calls: 1.46% | 1.15%
Puts: 1.42% | 1.56%
Current vs 7-Day Avg -26.39% | -52.84%
Liquidity Excellent
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🤖 AI Insights

Moderately bearish flow with 63% put dollar volume ($138.42M). Bearish P/C ratio of 1.47 indicates protective positioning. P/C ratio rising 31% - 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 BEARISH
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
10:15BEARISHBEARISHBEARISH
10:10BEARISHBEARISHBEARISH
10:00BEARISHBEARISHBEARISH
09:55BEARISHBEARISHBEARISH
09:50BEARISHBEARISHBEARISH
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 2,133 of results (avg 2.8%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$641.00Aug 31124.68124.91$124.800.2%--1.001.8K
$642.00Aug 31123.68123.91$123.800.2%--1.001.6K
$644.00Aug 31121.68121.91$121.800.2%--1.001.3K
$640.00Aug 31125.68125.92$125.800.2%--1.002.6K
$646.00Aug 31119.68119.91$119.800.2%--1.00751
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 189.199.21$9.200.2%9280.552.8K
$753.00Sep 184.314.32$4.310.2%2570.302.8K
$765.00Sep 187.877.89$7.880.3%1.4K0.5026.4K
$764.00Sep 187.477.49$7.480.3%2390.484.1K
$756.00Sep 307.207.22$7.210.3%240.381.7K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 778 found (avg $0.36, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Aug 310.080.09$0.0911.1%54.3K0.0713.7K
$771.00Aug 310.050.06$0.0616.7%24.2K0.0410.1K
$769.00Aug 310.150.16$0.166.3%51.2K0.127.0K
$768.00Aug 310.290.30$0.303.3%74.6K0.202.5K
$767.00Aug 310.540.55$0.551.8%97.0K0.322.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Aug 310.130.14$0.147.1%23.8K0.095.8K
$762.00Aug 310.200.21$0.214.8%30.4K0.136.9K
$759.00Aug 310.060.07$0.0714.3%28.7K0.044.9K
$763.00Aug 310.320.33$0.333.0%67.8K0.195.0K
$758.00Aug 310.050.06$0.0616.7%14.4K0.033.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,098 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$615.00Aug 31149.13152.49$150.812.2%--1.0021
$618.00Aug 31146.13149.49$147.812.3%--1.0010
$625.00Aug 31139.13142.49$140.812.4%--1.0047
$626.00Aug 31138.13141.49$139.812.4%--1.0019
$630.00Aug 31134.13137.49$135.812.5%--1.0011
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$783.00Sep 416.3317.69$17.018.0%71.00142
$784.00Sep 417.3219.47$18.4011.7%11.00132
$785.00Sep 417.9920.00$18.9910.6%21.0022
$786.00Sep 418.9921.88$20.4314.1%11.008
$790.00Sep 422.5126.02$24.2714.5%101.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,923 active (total vol 1.6M, top 138.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Aug 310.540.55$0.551.8%97.0K0.322.8K
$768.00Aug 310.290.30$0.303.3%74.6K0.202.5K
$766.00Aug 310.960.97$0.971.0%73.8K0.462.8K
$770.00Aug 310.080.09$0.0911.1%54.3K0.0713.7K
$769.00Aug 310.150.16$0.166.3%51.2K0.127.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Aug 310.800.81$0.811.2%138.1K0.409.2K
$766.00Aug 311.211.22$1.210.8%124.3K0.549.1K
$764.00Aug 310.510.52$0.521.9%72.9K0.287.2K
$763.00Aug 310.320.33$0.333.0%67.8K0.195.0K
$767.00Aug 311.791.82$1.811.7%45.1K0.686.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 27.2%, max 36.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Aug 31Oct 215.6%11.5%36.1%1.7K2.5K
$764.00Aug 31Oct 914.8%11.4%29.2%6.2K1.2K
$765.00Aug 31Oct 914.1%11.3%25.1%22.0K4.6K
$766.00Aug 31Oct 213.8%11.1%24.7%73.8K2.9K
$767.00Aug 31Oct 913.5%11.0%22.4%97.1K2.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Aug 31Oct 915.5%11.5%34.7%67.8K5.0K
$764.00Aug 31Oct 914.7%11.4%28.6%72.9K7.3K
$766.00Aug 31Oct 913.9%11.2%24.6%124.3K9.1K
$767.00Aug 31Oct 913.6%11.0%23.3%45.1K7.0K
$765.00Aug 31Oct 913.9%11.3%23.1%138.1K9.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 722 found (best R:R 1.56, avg 4.32)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$738.00$739.00Sep 18$0.11$0.89$0.1186%8.09$738.11
$739.00$740.00Sep 30$0.12$0.88$0.1281%7.33$739.12
$736.00$737.00Sep 4$0.30$0.70$0.3097%2.33$736.30
$745.00$747.00Oct 9$0.77$1.23$0.7773%1.60$745.77
$746.00$747.00Sep 1$0.36$0.64$0.36100%1.78$746.36
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$783.00$781.00Sep 25$0.78$1.22$0.7879%1.56$782.22
$789.00$788.00Sep 30$0.10$0.90$0.1084%9.00$788.90
$786.00$785.00Sep 2$0.40$0.60$0.4099%1.50$785.60
$780.00$779.00Sep 30$0.12$0.88$0.1273%7.33$779.88
$777.00$776.00Sep 1$0.48$0.52$0.4899%1.08$776.52

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 540 found (best R:R 0.69, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 14$2.05$2.05$2.9560%0.69$772.05
$775.00$780.00Sep 14$1.31$1.31$3.6972%0.36$776.31
$781.00$785.00Oct 9$1.35$1.35$2.6570%0.51$782.35
$780.00$785.00Sep 14$0.71$0.71$4.2983%0.17$780.71
$785.00$795.00Sep 14$0.44$0.44$9.5691%0.05$785.44
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$763.00$762.00Aug 31$0.12$0.12$0.8881%0.14$762.88
$764.00$763.00Aug 31$0.19$0.19$0.8172%0.23$763.81
$765.00$764.00Aug 31$0.29$0.29$0.7160%0.41$764.71
$760.00$759.00Sep 1$0.11$0.11$0.8984%0.12$759.89
$751.00$750.00Sep 9$0.12$0.12$0.8884%0.14$750.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.89, cheapest $0.95)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$765.00Aug 31Sep 1$0.9514.1%11.3%
$767.00Aug 31Sep 1$0.8813.5%11.3%
$766.00Aug 31Sep 1$0.9513.8%11.5%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$765.00Aug 31Sep 1$0.8613.9%11.3%
$767.00Aug 31Sep 1$0.8113.6%11.2%
$766.00Aug 31Sep 1$0.9013.9%11.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 890 found (cheapest 0.28% of stock, avg 3.63%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$766.00Aug 31$0.97$1.21$2.18$763.82$768.180.28%
$765.00Aug 31$1.54$0.81$2.35$762.65$767.350.31%
$767.00Aug 31$0.55$1.81$2.36$764.64$769.360.31%
$764.00Aug 31$2.25$0.52$2.77$761.23$766.770.36%
$768.00Aug 31$0.30$2.55$2.85$765.15$770.850.37%
$763.00Aug 31$3.07$0.33$3.40$759.60$766.400.44%
$769.00Aug 31$0.16$3.41$3.57$765.43$772.570.47%
$766.00Sep 1$1.92$2.11$4.03$761.97$770.030.53%
$767.00Sep 1$1.43$2.62$4.05$762.95$771.050.53%
$762.00Aug 31$3.96$0.21$4.17$757.83$766.170.54%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 370 found (cheapest 0.03% of stock, avg 1.31%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$770.00$761.00Aug 31$0.09$0.14$0.23$760.77$770.23
$769.00$761.00Aug 31$0.16$0.14$0.30$760.70$769.30
$770.00$762.00Aug 31$0.09$0.21$0.30$761.70$770.30
$769.00$762.00Aug 31$0.16$0.21$0.37$761.63$769.37
$770.00$763.00Aug 31$0.09$0.33$0.42$762.58$770.42
$769.00$763.00Aug 31$0.16$0.33$0.49$762.51$769.49
$768.00$761.00Aug 31$0.30$0.14$0.44$760.56$768.44
$768.00$762.00Aug 31$0.30$0.21$0.51$761.49$768.51
$768.00$763.00Aug 31$0.30$0.33$0.63$762.37$768.63
$770.00$764.00Aug 31$0.09$0.52$0.61$763.39$770.61

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 395 found (best R:R 1.00, avg credit $0.49)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
747/748771/772Sep 10$0.50$0.5051%1.00$747.50$771.50
747/748772/773Sep 10$0.47$0.5354%0.89$747.53$772.47
738/739774/775Sep 18$0.50$0.5051%1.00$738.50$774.50
750/751771/772Sep 9$0.50$0.5051%1.00$750.50$771.50
740/741774/775Sep 18$0.51$0.4950%1.04$740.49$774.51
731/732775/776Sep 30$0.52$0.4848%1.08$731.48$775.52
733/734775/776Sep 30$0.53$0.4747%1.13$733.47$775.53
734/735774/775Sep 25$0.52$0.4848%1.08$734.48$774.52
747/748772/773Sep 11$0.50$0.5050%1.00$747.50$772.50
738/739775/776Sep 18$0.47$0.5353%0.89$738.53$775.47

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 294 found (best R:R 9.42, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$760.00$765.00$770.00Sep 14$0.62$4.3824%7.06
$755.00$760.00$765.00Sep 14$0.54$4.4621%8.26
$765.00$766.00$767.00Aug 31$0.15$0.8528%5.67
$762.00$763.00$764.00Aug 31$0.07$0.9315%13.29
$764.00$765.00$766.00Aug 31$0.14$0.8626%6.14
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.48$4.5221%9.42
$750.00$755.00$760.00Sep 14$0.34$4.6616%13.71
$745.00$750.00$755.00Sep 14$0.23$4.7712%20.74
$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. 1,105 found (best net $-15.97, 1,101 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$630.00$690.001:2Sep 1-$15.97$44.03
$730.00$750.001:2Sep 14-$1.32$18.68
$675.00$710.001:2Sep 9-$21.62$13.38
$715.00$740.001:2Oct 9-$11.76$13.24
$718.00$737.001:2Sep 3-$10.18$8.82
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$803.00$788.001:2Sep 11-$7.58$7.42
$780.00$770.001:2Sep 14-$1.02$8.98
$725.00$715.001:2Sep 14-$0.25$9.75
$690.00$660.001:2Sep 9-$0.02$29.98
$765.00$764.001:2Aug 31-$0.23$0.77

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 308 found (best yield 1.65%, avg 0.39%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$767.00Oct 9$12.670.470.2%1.65%1.82%241
$768.00Oct 9$12.090.470.3%1.58%1.88%964
$769.00Oct 9$11.520.450.4%1.50%1.94%1336
$770.00Oct 9$10.970.440.6%1.43%1.99%1870
$771.00Oct 9$10.430.430.7%1.36%2.05%149
$772.00Oct 9$9.900.420.8%1.29%2.12%1243
$773.00Oct 9$9.400.410.9%1.23%2.18%2813
$774.00Oct 9$8.900.391.1%1.16%2.25%1036
$775.00Oct 9$8.430.381.2%1.10%2.32%17153
$776.00Oct 9$7.970.371.4%1.04%2.39%--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 657,657
Total Puts 964,593
Put/Call Ratio 1.47
Net Difference -306,936

Prior's Put/Call Breakdown

Total Calls 772,242
Total Puts 862,334
Put/Call Ratio 1.12
Net Difference -90,092

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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