Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$765.81 -0.46%
8/31 10:20

Option Volume

Detail
Current (08/31 10:20am) 1,734,787
Calls: 711,940 (41%)
Puts: 1,022,847 (59%)
Prior (08/28) 1,869,497
Calls: 891,307 (48%)
Puts: 978,190 (52%)
Current vs Prior -7.21%
Calls: -20.12% (Calls)
Puts: +4.57% (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 -81.40%
Calls: -83.78%
Puts: -79.28%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 10:20am) $232.62M
Calls: $89.83M (39%)
Puts: $142.79M (61%)
Prior (08/28) $261.31M
Calls: $139.64M (53%)
Puts: $121.67M (47%)
Current vs Prior -10.98%
Calls: -35.67%
Puts: +17.36%
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 -78.95%
Calls: -81.66%
Puts: -76.80%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/31 10:20am) 1.44
Prior (08/28) 1.10
Current vs Prior +30.91%
Prior 7-Day Average 1.13
Current vs Prior 7-Day Avg +26.84%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 10:20am) 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 0.35% | 0.60%0.35% | 0.77%1.09% | 1.63%2.26% | 3.75%
Prior 0.52% | 0.69%0.15% | 0.52%0.15% | 1.13%2.26% | 3.75%
Current vs Prior -31.42% | -13.40%+130.70% | +48.55%+608.21% | +44.18%+0.00% | -0.13%
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 -34.11% | -22.43%-8.36% | -2.74%+60.31% | +9.79%+21.51% | +1.27%
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 -31.42% | -13.40%+130.70% | +48.55%+608.21% | +44.18%+0.00% | -0.13%
Sentiment BULLISHBEARISHBEARISHNEUTRAL

Relative Spread

Detail
Expiry | Next
Current 0.76% | 0.84%
Calls: 0.64% | 1.20%
Puts: 0.87% | 0.49%
Prior 1.99% | 2.41%
Calls: 1.63% | 1.57%
Puts: 2.35% | 3.24%
Current vs Prior -61.81% | -65.15%
Prior 7-Day Avg 1.44% | 1.36%
Calls: 1.46% | 1.15%
Puts: 1.42% | 1.56%
Current vs 7-Day Avg -47.22% | -38.11%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 61% put dollar volume ($142.79M). Bearish P/C ratio of 1.44 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 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
10:20BEARISHBEARISHBEARISH
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 2,206 of results (avg 2.8%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$640.00Aug 31125.78125.97$125.880.2%--1.002.6K
$641.00Aug 31124.78124.97$124.880.2%--1.001.8K
$643.00Aug 31122.78122.97$122.880.2%--1.001.6K
$645.00Aug 31120.78120.97$120.880.2%101.001.1K
$646.00Aug 31119.78119.97$119.880.2%--1.00751
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Sep 188.238.25$8.240.2%6600.522.4K
$765.00Sep 187.817.83$7.820.3%1.5K0.5026.4K
$749.00Sep 183.533.54$3.540.3%4210.243.2K
$748.00Sep 183.373.38$3.380.3%1720.232.4K
$765.00Sep 3010.1010.13$10.120.3%2130.511.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 787 found (avg $0.36, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Aug 310.080.09$0.0911.1%56.9K0.0713.7K
$771.00Aug 310.050.06$0.0616.7%25.0K0.0410.1K
$769.00Aug 310.150.16$0.166.3%54.2K0.127.0K
$768.00Aug 310.280.29$0.293.4%79.4K0.202.5K
$767.00Aug 310.540.55$0.551.8%105.3K0.332.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Aug 310.110.12$0.128.3%25.1K0.075.8K
$760.00Aug 310.080.09$0.0911.1%37.6K0.0643.0K
$762.00Aug 310.180.19$0.195.3%32.2K0.116.9K
$759.00Aug 310.060.07$0.0714.3%28.8K0.044.9K
$763.00Aug 310.290.30$0.303.3%73.6K0.175.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,107 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$615.00Aug 31150.68150.99$150.840.2%21.0021
$616.00Aug 31149.68149.99$149.840.2%21.009
$618.00Aug 31146.16149.57$147.872.3%--1.0010
$625.00Aug 31139.16142.57$140.872.4%--1.0047
$626.00Aug 31138.16141.57$139.872.4%--1.0019
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 418.0420.00$19.0210.3%21.0022
$786.00Sep 419.0421.84$20.4413.7%11.008
$790.00Sep 422.3925.84$24.1214.3%101.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,965 active (total vol 1.7M, top 149.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Aug 310.540.55$0.551.8%105.3K0.332.8K
$766.00Aug 310.960.97$0.971.0%89.1K0.482.8K
$768.00Aug 310.280.29$0.293.4%79.4K0.202.5K
$770.00Aug 310.080.09$0.0911.1%56.9K0.0713.7K
$769.00Aug 310.150.16$0.166.3%54.2K0.127.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Aug 310.740.75$0.751.3%149.4K0.389.2K
$766.00Aug 311.151.16$1.150.9%131.7K0.529.1K
$764.00Aug 310.460.47$0.472.1%78.5K0.267.2K
$763.00Aug 310.290.30$0.303.3%73.6K0.175.0K
$767.00Aug 311.721.74$1.731.2%46.7K0.676.8K

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 24.4%, max 33.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Aug 31Oct 215.2%11.4%33.0%1.8K2.5K
$764.00Aug 31Oct 914.5%11.4%27.0%7.4K1.2K
$765.00Aug 31Oct 913.8%11.3%22.7%25.8K4.6K
$766.00Aug 31Oct 213.5%11.0%22.3%89.2K2.9K
$767.00Aug 31Oct 913.0%11.0%18.2%105.3K2.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Aug 31Oct 915.2%11.5%32.0%73.6K5.0K
$764.00Aug 31Oct 914.5%11.4%27.0%78.5K7.3K
$765.00Aug 31Oct 913.8%11.3%22.7%149.4K9.3K
$766.00Aug 31Oct 913.5%11.1%20.9%131.7K9.1K
$767.00Aug 31Oct 913.0%11.0%18.2%46.7K7.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 735 found (best R:R 0.59, avg 4.21)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$750.00$755.00Sep 25$2.71$2.29$2.7172%0.85$752.71
$731.00$732.00Sep 30$0.13$0.87$0.1386%6.69$731.13
$727.00$728.00Sep 30$0.17$0.83$0.1788%4.88$727.17
$741.00$742.00Sep 30$0.12$0.88$0.1279%7.33$741.12
$745.00$747.00Oct 9$0.81$1.19$0.8173%1.47$745.81
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$780.00$770.00Sep 14$6.29$3.71$6.2983%0.59$773.71
$784.00$782.00Aug 31$1.16$0.84$1.16100%0.72$782.84
$790.00$788.00Sep 25$1.01$0.99$1.0188%0.98$788.99
$789.00$788.00Sep 30$0.18$0.82$0.1884%4.56$788.82
$786.00$785.00Sep 30$0.15$0.85$0.1581%5.67$785.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 539 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$2.9559%0.69$772.05
$775.00$780.00Sep 14$1.31$1.31$3.6972%0.36$776.31
$781.00$785.00Oct 9$1.36$1.36$2.6470%0.52$782.36
$785.00$795.00Sep 14$0.45$0.45$9.5591%0.05$785.45
$780.00$785.00Sep 14$0.70$0.70$4.3083%0.16$780.70
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$763.00$762.00Aug 31$0.11$0.11$0.8983%0.12$762.89
$765.00$764.00Aug 31$0.28$0.28$0.7262%0.39$764.72
$764.00$763.00Aug 31$0.17$0.17$0.8374%0.20$763.83
$760.00$759.00Sep 1$0.11$0.11$0.8984%0.12$759.89
$762.00$761.00Sep 1$0.18$0.18$0.8276%0.22$761.82

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.90, cheapest $0.88)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$765.00Aug 31Sep 1$0.9513.8%11.2%
$766.00Aug 31Sep 1$0.9613.5%11.4%
$767.00Aug 31Sep 1$0.8913.0%11.1%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$765.00Aug 31Sep 1$0.8813.8%11.2%
$766.00Aug 31Sep 1$0.9013.5%11.4%
$767.00Aug 31Sep 1$0.8213.0%11.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 898 found (cheapest 0.28% of stock, avg 3.64%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$766.00Aug 31$0.97$1.15$2.12$763.88$768.120.28%
$765.00Aug 31$1.56$0.75$2.31$762.69$767.310.30%
$767.00Aug 31$0.55$1.73$2.28$764.72$769.280.30%
$764.00Aug 31$2.28$0.47$2.75$761.25$766.750.36%
$768.00Aug 31$0.29$2.47$2.76$765.24$770.760.36%
$763.00Aug 31$3.11$0.30$3.41$759.59$766.410.45%
$769.00Aug 31$0.16$3.34$3.50$765.50$772.500.46%
$766.00Sep 1$1.93$2.05$3.98$762.02$769.980.52%
$767.00Sep 1$1.44$2.55$3.99$763.01$770.990.52%
$765.00Sep 1$2.51$1.63$4.14$760.86$769.140.54%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 370 found (cheapest 0.03% of stock, avg 1.29%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$770.00$761.00Aug 31$0.09$0.12$0.21$760.79$770.21
$770.00$762.00Aug 31$0.09$0.19$0.28$761.72$770.28
$769.00$761.00Aug 31$0.16$0.12$0.28$760.72$769.28
$769.00$762.00Aug 31$0.16$0.19$0.35$761.65$769.35
$770.00$763.00Aug 31$0.09$0.30$0.39$762.61$770.39
$768.00$761.00Aug 31$0.29$0.12$0.41$760.59$768.41
$769.00$763.00Aug 31$0.16$0.30$0.46$762.54$769.46
$768.00$762.00Aug 31$0.29$0.19$0.48$761.52$768.48
$768.00$763.00Aug 31$0.29$0.30$0.59$762.41$768.59
$770.00$764.00Aug 31$0.09$0.47$0.56$763.44$770.56

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 375 found (best R:R 1.04, avg credit $0.49)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
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
739/740774/775Sep 18$0.50$0.5050%1.00$739.50$774.50
747/748772/773Sep 11$0.50$0.5050%1.00$747.50$772.50
732/733775/776Sep 30$0.52$0.4848%1.08$732.48$775.52
747/748773/774Sep 11$0.47$0.5353%0.89$747.53$773.47
736/737775/776Sep 25$0.51$0.4949%1.04$736.49$775.51
734/735775/776Sep 30$0.53$0.4747%1.13$734.47$775.53
741/742774/775Sep 18$0.51$0.4949%1.04$741.49$774.51
750/751771/772Sep 9$0.49$0.5151%0.96$750.51$771.49

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 262 found (best R:R 20.74, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$760.00$765.00$770.00Sep 14$0.23$4.7724%20.74
$764.00$765.00$766.00Aug 31$0.13$0.8726%6.69
$762.00$763.00$764.00Aug 31$0.06$0.9414%15.67
$763.00$764.00$765.00Sep 1$0.06$0.9414%15.67
$768.00$769.00$770.00Aug 31$0.06$0.9414%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 14$0.33$4.6716%14.15
$755.00$760.00$765.00Sep 14$0.48$4.5221%9.42
$740.00$745.00$750.00Sep 14$0.15$4.859%32.33
$745.00$750.00$755.00Sep 14$0.24$4.7612%19.83
$760.00$765.00$770.00Sep 14$0.61$4.3924%7.20

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,111 found (best net $-15.97, 1,107 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$630.00$690.001:2Sep 1-$15.97$44.03
$730.00$750.001:2Sep 14-$1.38$18.62
$675.00$710.001:2Sep 9-$21.75$13.25
$718.00$737.001:2Sep 3-$10.22$8.78
$715.00$740.001:2Oct 9-$11.94$13.06
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$803.00$788.001:2Sep 11-$7.48$7.52
$780.00$770.001:2Sep 14-$1.47$8.53
$725.00$715.001:2Sep 14-$0.24$9.76
$690.00$660.001:2Sep 9-$0.02$29.98
$765.00$764.001:2Aug 31-$0.19$0.81

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 311 found (best yield 1.65%, avg 0.39%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$767.00Oct 9$12.670.470.2%1.65%1.81%241
$768.00Oct 9$12.080.470.3%1.58%1.86%1064
$769.00Oct 9$11.510.460.4%1.50%1.92%1336
$770.00Oct 9$10.960.440.6%1.43%1.98%1870
$771.00Oct 9$10.420.430.7%1.36%2.04%159
$772.00Oct 9$9.890.420.8%1.29%2.10%1243
$773.00Oct 9$9.390.410.9%1.23%2.17%2913
$774.00Oct 9$8.890.391.1%1.16%2.23%1036
$775.00Oct 9$8.420.381.2%1.10%2.30%17153
$776.00Oct 9$7.960.371.3%1.04%2.37%--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 711,940
Total Puts 1,022,847
Put/Call Ratio 1.44
Net Difference -310,907

Prior's Put/Call Breakdown

Total Calls 891,307
Total Puts 978,190
Put/Call Ratio 1.10
Net Difference -86,883

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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