Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$765.72 -0.47%
8/31 10:40

Option Volume

Detail
Current (08/31 10:40am) 2,423,036
Calls: 1,000,876 (41%)
Puts: 1,422,160 (59%)
Prior (08/28) 2,668,201
Calls: 1,292,804 (48%)
Puts: 1,375,397 (52%)
Current vs Prior -9.19%
Calls: -22.58% (Calls)
Puts: +3.40% (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 -74.02%
Calls: -77.20%
Puts: -71.19%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 10:40am) $313.25M
Calls: $123.74M (40%)
Puts: $189.51M (60%)
Prior (08/28) $344.84M
Calls: $217.85M (63%)
Puts: $126.99M (37%)
Current vs Prior -9.16%
Calls: -43.20%
Puts: +49.24%
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 -71.66%
Calls: -74.73%
Puts: -69.21%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/31 10:40am) 1.42
Prior (08/28) 1.06
Current vs Prior +33.56%
Prior 7-Day Average 1.13
Current vs Prior 7-Day Avg +25.45%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 10:40am) 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 0.34% | 0.59%0.34% | 0.76%1.08% | 1.62%2.25% | 3.74%
Prior 0.52% | 0.69%0.15% | 0.52%0.15% | 1.13%2.26% | 3.75%
Current vs Prior -33.44% | -13.96%+123.92% | +47.31%+604.89% | +43.04%-0.50% | -0.43%
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 -36.05% | -22.93%-11.06% | -3.55%+59.55% | +8.93%+20.90% | +0.96%
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 -33.44% | -13.96%+123.92% | +47.31%+604.89% | +43.04%-0.50% | -0.43%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.77% | 0.85%
Calls: 0.68% | 1.23%
Puts: 0.85% | 0.48%
Prior 1.99% | 2.41%
Calls: 1.63% | 1.57%
Puts: 2.35% | 3.24%
Current vs Prior -61.31% | -64.73%
Prior 7-Day Avg 1.44% | 1.36%
Calls: 1.46% | 1.15%
Puts: 1.42% | 1.56%
Current vs 7-Day Avg -46.53% | -37.37%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 60% put dollar volume ($189.51M). Bearish P/C ratio of 1.42 indicates protective positioning. P/C ratio rising 34% - 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
10:40BEARISHBEARISHBEARISH
10:35BEARISHBEARISHBEARISH
10:30BEARISHBEARISHBEARISH
10:25BEARISHBEARISHBEARISH
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 2,212 of results (avg 2.7%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$642.00Aug 31123.51123.74$123.630.2%--1.001.6K
$644.00Aug 31121.51121.74$121.630.2%--1.001.3K
$641.00Aug 31124.50124.74$124.620.2%--1.001.8K
$643.00Aug 31122.51122.75$122.630.2%--1.001.6K
$768.00Sep 115.085.09$5.090.2%2620.45938
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Sep 188.678.69$8.680.2%6990.542.7K
$766.00Sep 188.238.25$8.240.2%7820.522.4K
$758.00Sep 307.717.73$7.720.3%100.41268
$764.00Sep 187.427.44$7.430.3%8270.484.1K
$766.00Sep 3010.5110.54$10.520.3%730.53328

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 787 found (avg $0.35, cheapest $0.12)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Aug 310.110.12$0.128.3%69.2K0.107.0K
$770.00Aug 310.060.07$0.0714.3%71.9K0.0613.7K
$768.00Aug 310.240.25$0.254.0%107.4K0.172.5K
$767.00Aug 310.470.48$0.482.1%141.3K0.292.8K
$766.00Aug 310.880.89$0.891.1%141.7K0.442.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Aug 310.110.12$0.128.3%41.2K0.085.8K
$762.00Aug 310.170.18$0.185.6%47.6K0.126.9K
$763.00Aug 310.270.28$0.283.6%109.4K0.185.0K
$760.00Aug 310.070.08$0.0812.5%56.3K0.0543.0K
$759.00Aug 310.050.06$0.0616.7%40.1K0.044.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,127 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$615.00Aug 31149.71150.75$150.230.7%101.0021
$616.00Aug 31148.73149.75$149.240.7%101.009
$617.00Aug 31147.69148.75$148.220.7%31.001
$618.00Aug 31146.69147.75$147.220.7%31.0010
$621.00Aug 31143.72144.77$144.250.7%161.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Aug 316.286.50$6.393.4%8681.004.3K
$773.00Aug 317.287.50$7.393.0%1.4K1.002.6K
$774.00Aug 318.288.50$8.392.6%3211.003.3K
$775.00Aug 319.279.50$9.392.4%3101.0010.6K
$776.00Aug 3110.2710.51$10.392.3%1921.00522

Most actively traded options today. High liquidity = easy entry/exit. 2,100 active (total vol 2.4M, top 221.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Aug 310.880.89$0.891.1%141.7K0.442.8K
$767.00Aug 310.470.48$0.482.1%141.3K0.292.8K
$768.00Aug 310.240.25$0.254.0%107.4K0.172.5K
$770.00Aug 310.060.07$0.0714.3%71.9K0.0613.7K
$769.00Aug 310.110.12$0.128.3%69.2K0.107.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Aug 310.730.74$0.741.4%221.4K0.409.2K
$766.00Aug 311.161.17$1.170.9%161.1K0.559.1K
$764.00Aug 310.450.46$0.462.2%139.8K0.287.2K
$763.00Aug 310.270.28$0.283.6%109.4K0.185.0K
$767.00Aug 311.751.78$1.771.7%57.1K0.706.8K

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 23.9%, max 32.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Aug 31Oct 215.0%11.4%32.0%3.6K2.5K
$764.00Aug 31Oct 914.4%11.3%26.7%18.3K1.2K
$765.00Aug 31Oct 913.7%11.2%21.8%58.1K4.6K
$766.00Aug 31Oct 913.4%11.1%20.6%141.7K2.8K
$767.00Aug 31Oct 913.0%11.0%18.9%141.4K2.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Aug 31Oct 915.1%11.5%31.8%109.4K5.0K
$764.00Aug 31Oct 914.5%11.3%27.8%139.9K7.3K
$765.00Aug 31Oct 913.8%11.2%23.2%221.5K9.3K
$766.00Aug 31Oct 913.2%11.1%18.8%161.1K9.1K
$767.00Aug 31Oct 912.9%11.0%17.6%57.2K7.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 728 found (best R:R 0.51, avg 4.11)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$748.00$749.00Sep 2$0.16$0.84$0.1697%5.25$748.16
$736.00$741.00Oct 2$3.23$1.77$3.2382%0.55$739.23
$638.00$639.00Aug 31$0.26$0.74$0.26100%2.85$638.26
$752.00$753.00Sep 1$0.30$0.70$0.3097%2.33$752.30
$720.00$721.00Oct 2$0.28$0.72$0.2890%2.57$720.28
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$795.00$790.00Sep 30$3.31$1.69$3.3190%0.51$791.69
$783.00$781.00Sep 25$0.66$1.34$0.6680%2.03$782.34
$790.00$788.00Sep 25$1.01$0.99$1.0188%0.98$788.99
$784.00$783.00Sep 1$0.29$0.71$0.29100%2.45$783.71
$787.00$786.00Sep 18$0.22$0.78$0.2289%3.55$786.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 537 found (best R:R 0.68, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 14$2.03$2.03$2.9760%0.68$772.03
$775.00$780.00Sep 14$1.29$1.29$3.7173%0.35$776.29
$780.00$785.00Sep 14$0.69$0.69$4.3184%0.16$780.69
$781.00$784.00Oct 9$1.04$1.04$1.9670%0.53$782.04
$766.00$767.00Sep 30$0.60$0.60$0.4053%1.50$766.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$764.00$763.00Aug 31$0.18$0.18$0.8272%0.22$763.82
$763.00$762.00Aug 31$0.10$0.10$0.9082%0.11$762.90
$761.00$760.00Sep 1$0.14$0.14$0.8680%0.16$760.86
$762.00$761.00Sep 1$0.18$0.18$0.8275%0.22$761.82
$765.00$764.00Aug 31$0.28$0.28$0.7260%0.39$764.72

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.95, cheapest $0.91)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$765.00Aug 31Sep 1$0.9813.7%11.1%
$766.00Aug 31Sep 1$0.9913.4%11.4%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$765.00Aug 31Sep 1$0.9113.8%11.2%
$766.00Aug 31Sep 1$0.9213.2%11.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 916 found (cheapest 0.27% of stock, avg 3.63%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$766.00Aug 31$0.89$1.17$2.06$763.94$768.060.27%
$765.00Aug 31$1.46$0.74$2.20$762.80$767.200.29%
$767.00Aug 31$0.48$1.77$2.25$764.75$769.250.29%
$764.00Aug 31$2.17$0.46$2.63$761.37$766.630.34%
$768.00Aug 31$0.25$2.53$2.78$765.22$770.780.36%
$763.00Aug 31$2.99$0.28$3.27$759.73$766.270.43%
$769.00Aug 31$0.12$3.41$3.53$765.47$772.530.46%
$766.00Sep 1$1.88$2.09$3.97$762.03$769.970.52%
$767.00Sep 1$1.38$2.61$3.99$763.01$770.990.52%
$762.00Aug 31$3.89$0.18$4.07$757.93$766.070.53%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 370 found (cheapest 0.02% of stock, avg 1.30%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$770.00$761.00Aug 31$0.07$0.12$0.19$760.81$770.19
$769.00$761.00Aug 31$0.12$0.12$0.24$760.76$769.24
$770.00$762.00Aug 31$0.07$0.18$0.25$761.75$770.25
$769.00$762.00Aug 31$0.12$0.18$0.30$761.70$769.30
$769.00$763.00Aug 31$0.12$0.28$0.40$762.60$769.40
$768.00$761.00Aug 31$0.25$0.12$0.37$760.63$768.37
$770.00$763.00Aug 31$0.07$0.28$0.35$762.65$770.35
$768.00$762.00Aug 31$0.25$0.18$0.43$761.57$768.43
$768.00$763.00Aug 31$0.25$0.28$0.53$762.47$768.53
$770.00$764.00Aug 31$0.07$0.46$0.53$763.47$770.53

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 404 found (best R:R 1.08, avg credit $0.50)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
731/732775/776Sep 30$0.52$0.4849%1.08$731.48$775.52
739/740773/774Sep 18$0.52$0.4849%1.08$739.48$773.52
734/735774/775Sep 25$0.52$0.4849%1.08$734.48$774.52
739/740774/775Sep 18$0.50$0.5051%1.00$739.50$774.50
742/743773/774Sep 18$0.54$0.4646%1.17$742.46$773.54
734/735775/776Sep 25$0.50$0.5050%1.00$734.50$775.50
736/737774/775Sep 25$0.53$0.4747%1.13$736.47$774.53
732/733775/776Sep 30$0.52$0.4848%1.08$732.48$775.52
742/743774/775Sep 18$0.52$0.4848%1.08$742.48$774.52
739/740774/775Sep 25$0.55$0.4545%1.22$739.45$774.55

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 262 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$760.00$765.00$770.00Sep 14$0.50$4.5024%9.00
$765.00$766.00$767.00Sep 1$0.06$0.9416%15.67
$680.00$685.00$690.00Sep 25$0.05$4.953%99.00
$764.00$765.00$766.00Aug 31$0.14$0.8628%6.14
$765.00$766.00$767.00Aug 31$0.16$0.8430%5.25
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 14$0.32$4.6816%14.62
$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$0.25$4.7512%19.00
$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. 1,107 found (best net $-15.66, 1,101 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$630.00$690.001:2Sep 1-$15.66$44.34
$675.00$710.001:2Sep 9-$21.43$13.57
$718.00$737.001:2Sep 3-$9.93$9.07
$770.00$775.001:2Sep 14-$0.48$4.52
$765.00$770.001:2Sep 14-$1.75$3.25
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$803.00$788.001:2Sep 11-$7.81$7.19
$780.00$770.001:2Sep 14-$0.26$9.74
$766.00$765.001:2Aug 31-$0.31$0.69
$765.00$764.001:2Aug 31-$0.18$0.82
$690.00$660.001:2Sep 9-$0.02$29.98

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 309 found (best yield 1.72%, avg 0.40%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$766.00Oct 9$13.180.480.0%1.72%1.76%53
$767.00Oct 9$12.580.470.2%1.64%1.81%291
$768.00Oct 9$12.000.470.3%1.57%1.86%1064
$769.00Oct 9$11.430.450.4%1.49%1.92%1336
$770.00Oct 9$10.870.440.6%1.42%1.98%4270
$771.00Oct 9$10.330.430.7%1.35%2.04%159
$772.00Oct 9$9.810.410.8%1.28%2.10%1443
$773.00Oct 9$9.300.400.9%1.21%2.17%2913
$774.00Oct 9$8.810.391.1%1.15%2.23%1136
$775.00Oct 9$8.340.381.2%1.09%2.30%17153

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 1,000,876
Total Puts 1,422,160
Put/Call Ratio 1.42
Net Difference -421,284

Prior's Put/Call Breakdown

Total Calls 1,292,804
Total Puts 1,375,397
Put/Call Ratio 1.06
Net Difference -82,593

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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