Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$765.39 -0.51%
8/31 10:50

Option Volume

Detail
Current (08/31 10:50am) 2,700,924
Calls: 1,130,050 (42%)
Puts: 1,570,874 (58%)
Prior (08/28) 3,095,747
Calls: 1,532,220 (49%)
Puts: 1,563,527 (51%)
Current vs Prior -12.75%
Calls: -26.25% (Calls)
Puts: +0.47% (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 -71.04%
Calls: -74.26%
Puts: -68.18%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31 10:50am) $345.91M
Calls: $129.39M (37%)
Puts: $216.52M (63%)
Prior (08/28) $473.60M
Calls: $365.63M (77%)
Puts: $107.97M (23%)
Current vs Prior -26.96%
Calls: -64.61%
Puts: +100.53%
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 -68.71%
Calls: -73.58%
Puts: -64.83%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/31 10:50am) 1.39
Prior (08/28) 1.02
Current vs Prior +36.23%
Prior 7-Day Average 1.13
Current vs Prior 7-Day Avg +22.73%
Sentiment BEARISH

Open Interest

Detail
Current (08/31 10:50am) 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% | 1.61%2.25% | 3.73%
Prior 0.52% | 0.69%0.15% | 0.52%0.15% | 1.13%2.26% | 3.75%
Current vs Prior -34.93% | -14.68%+118.90% | +46.61%+603.52% | +42.65%-0.58% | -0.56%
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 -37.48% | -23.57%-13.05% | -4.01%+59.24% | +8.62%+20.81% | +0.83%
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 -34.93% | -14.68%+118.90% | +46.61%+603.52% | +42.65%-0.58% | -0.56%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.78% | 0.67%
Calls: 0.80% | 0.44%
Puts: 0.76% | 0.90%
Prior 1.99% | 2.41%
Calls: 1.63% | 1.57%
Puts: 2.35% | 3.24%
Current vs Prior -60.80% | -72.20%
Prior 7-Day Avg 1.44% | 1.36%
Calls: 1.46% | 1.15%
Puts: 1.42% | 1.56%
Current vs 7-Day Avg -45.83% | -50.63%
Liquidity Excellent
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🤖 AI Insights

Moderately bearish flow with 63% put dollar volume ($216.52M). Bearish P/C ratio of 1.39 indicates protective positioning. P/C ratio rising 36% - 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
10:50BEARISHBEARISHBEARISH
10:45BEARISHBEARISHBEARISH
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 2,218 of results (avg 2.8%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$643.00Aug 31122.35122.53$122.440.1%--1.001.6K
$650.00Aug 31115.35115.55$115.450.2%31.001.1K
$640.00Aug 31125.35125.59$125.470.2%--1.002.6K
$641.00Aug 31124.35124.59$124.470.2%--1.001.8K
$642.00Aug 31123.35123.59$123.470.2%--1.001.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Sep 188.838.85$8.840.2%7310.542.7K
$740.00Sep 304.094.10$4.100.2%7790.2212.9K
$769.00Sep 3011.9912.02$12.010.2%350.57774
$765.00Sep 187.967.98$7.970.3%1.8K0.5126.4K
$764.00Sep 187.567.58$7.570.3%8330.494.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 787 found (avg $0.35, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Aug 310.100.11$0.119.1%77.6K0.097.0K
$770.00Aug 310.060.07$0.0714.3%82.6K0.0513.7K
$768.00Aug 310.190.20$0.205.0%122.7K0.152.5K
$767.00Aug 310.380.39$0.392.6%158.9K0.262.8K
$766.00Aug 310.720.73$0.731.4%167.8K0.402.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Aug 310.180.19$0.195.3%55.9K0.136.9K
$761.00Aug 310.110.12$0.128.3%47.7K0.085.8K
$760.00Aug 310.070.08$0.0812.5%72.7K0.0543.0K
$763.00Aug 310.300.31$0.313.2%119.7K0.205.0K
$759.00Aug 310.050.06$0.0616.7%41.0K0.044.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,139 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$615.00Aug 31150.35150.70$150.520.2%101.0021
$616.00Aug 31149.35149.73$149.540.3%101.009
$617.00Aug 31148.35148.73$148.540.3%31.001
$618.00Aug 31147.35147.73$147.540.3%31.0010
$621.00Aug 31144.35144.70$144.520.2%161.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$783.00Sep 416.8518.74$17.8010.6%71.00142
$784.00Sep 417.8519.74$18.8010.1%11.00132
$785.00Sep 418.3321.14$19.7414.2%41.0022
$786.00Sep 419.3322.13$20.7313.5%11.008
$790.00Sep 422.7926.12$24.4613.6%201.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,159 active (total vol 2.7M, top 253.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Aug 310.720.73$0.731.4%167.8K0.402.8K
$767.00Aug 310.380.39$0.392.6%158.9K0.262.8K
$768.00Aug 310.190.20$0.205.0%122.7K0.152.5K
$770.00Aug 310.060.07$0.0714.3%82.6K0.0513.7K
$769.00Aug 310.100.11$0.119.1%77.6K0.097.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Aug 310.830.84$0.841.2%253.1K0.449.2K
$766.00Aug 311.311.32$1.320.8%180.4K0.609.1K
$764.00Aug 310.510.52$0.521.9%154.2K0.307.2K
$763.00Aug 310.300.31$0.313.2%119.7K0.205.0K
$760.00Aug 310.070.08$0.0812.5%72.7K0.0543.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 23.8%, max 31.0%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Aug 31Oct 214.9%11.4%31.0%4.1K2.5K
$764.00Aug 31Oct 914.1%11.3%24.4%20.7K1.2K
$765.00Aug 31Oct 913.5%11.2%20.7%67.7K4.6K
$766.00Aug 31Oct 913.2%11.1%19.6%167.8K2.8K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Aug 31Oct 914.9%11.5%30.1%119.7K5.0K
$764.00Aug 31Oct 914.1%11.3%24.4%154.2K7.3K
$765.00Aug 31Oct 913.5%11.2%20.7%253.2K9.3K
$766.00Aug 31Oct 913.2%11.1%19.6%180.4K9.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 724 found (best R:R 5.06, avg 4.09)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$745.00$747.00Oct 9$0.33$1.67$0.3372%5.06$745.33
$750.00$755.00Sep 25$2.67$2.33$2.6772%0.87$752.67
$748.00$749.00Sep 2$0.19$0.81$0.1995%4.26$748.19
$732.00$733.00Sep 30$0.22$0.78$0.2285%3.55$732.22
$724.00$725.00Sep 30$0.29$0.71$0.2989%2.45$724.29
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$785.00$784.00Oct 2$0.14$0.86$0.1478%6.14$784.86
$788.00$785.00Sep 25$1.94$1.06$1.9486%0.55$786.06
$782.00$781.00Sep 18$0.24$0.76$0.2482%3.17$781.76
$781.00$780.00Sep 25$0.19$0.81$0.1977%4.26$780.81
$788.00$786.00Sep 30$1.09$0.91$1.0984%0.83$786.91

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 539 found (best R:R 0.66, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 14$1.98$1.98$3.0261%0.66$771.98
$775.00$780.00Sep 14$1.25$1.25$3.7573%0.33$776.25
$780.00$785.00Sep 14$0.67$0.67$4.3384%0.15$780.67
$767.00$768.00Sep 18$0.58$0.58$0.4254%1.38$767.58
$766.00$767.00Oct 9$0.60$0.60$0.4052%1.50$766.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$764.00$763.00Aug 31$0.21$0.21$0.7970%0.27$763.79
$763.00$762.00Aug 31$0.12$0.12$0.8880%0.14$762.88
$760.00$759.00Sep 1$0.12$0.12$0.8883%0.14$759.88
$758.00$757.00Sep 2$0.12$0.12$0.8883%0.14$757.88
$765.00$764.00Aug 31$0.32$0.32$0.6856%0.47$764.68

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.95, cheapest $0.88)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Aug 31Sep 1$0.9714.1%11.4%
$765.00Aug 31Sep 1$1.0113.5%11.1%
$766.00Aug 31Sep 1$0.9813.2%11.3%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Aug 31Sep 1$0.8814.1%11.4%
$765.00Aug 31Sep 1$0.9413.5%11.1%
$766.00Aug 31Sep 1$0.9113.2%11.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 925 found (cheapest 0.27% of stock, avg 3.65%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$765.00Aug 31$1.25$0.84$2.09$762.91$767.090.27%
$766.00Aug 31$0.73$1.32$2.05$763.95$768.050.27%
$767.00Aug 31$0.39$1.97$2.36$764.64$769.360.31%
$764.00Aug 31$1.92$0.52$2.44$761.56$766.440.32%
$768.00Aug 31$0.20$2.78$2.98$765.02$770.980.39%
$763.00Aug 31$2.72$0.31$3.03$759.97$766.030.40%
$762.00Aug 31$3.60$0.19$3.79$758.21$765.790.50%
$769.00Aug 31$0.11$3.68$3.79$765.21$772.790.50%
$766.00Sep 1$1.71$2.23$3.94$762.06$769.940.51%
$765.00Sep 1$2.26$1.78$4.04$760.96$769.040.53%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 370 found (cheapest 0.02% of stock, avg 1.29%)

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$0.11$0.12$0.23$760.77$769.23
$770.00$762.00Aug 31$0.07$0.19$0.26$761.74$770.26
$769.00$762.00Aug 31$0.11$0.19$0.30$761.70$769.30
$768.00$761.00Aug 31$0.20$0.12$0.32$760.68$768.32
$768.00$762.00Aug 31$0.20$0.19$0.39$761.61$768.39
$769.00$763.00Aug 31$0.11$0.31$0.42$762.58$769.42
$770.00$763.00Aug 31$0.07$0.31$0.38$762.62$770.38
$768.00$763.00Aug 31$0.20$0.31$0.51$762.49$768.51
$767.00$761.00Aug 31$0.39$0.12$0.51$760.49$767.51

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 412 found (best R:R 1.04, avg credit $0.48)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
736/737773/774Sep 18$0.51$0.4951%1.04$736.49$773.51
736/737774/775Sep 18$0.49$0.5153%0.96$736.51$774.49
734/735775/776Sep 30$0.54$0.4647%1.17$734.46$775.54
731/732775/776Sep 30$0.52$0.4849%1.08$731.48$775.52
747/748771/772Sep 10$0.49$0.5152%0.96$747.51$771.49
736/737775/776Sep 18$0.46$0.5455%0.85$736.54$775.46
732/733775/776Sep 30$0.52$0.4848%1.08$732.48$775.52
740/741773/774Sep 18$0.52$0.4848%1.08$740.48$773.52
740/741774/775Sep 18$0.50$0.5050%1.00$740.50$774.50
735/736774/775Sep 25$0.52$0.4848%1.08$735.48$774.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 267 found (best R:R 40.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 14$0.12$4.8816%40.67
$760.00$765.00$770.00Sep 14$0.60$4.4024%7.33
$764.00$765.00$766.00Aug 31$0.15$0.8529%5.67
$762.00$763.00$764.00Aug 31$0.08$0.9217%11.50
$762.00$763.00$764.00Sep 1$0.06$0.9413%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.48$4.5222%9.42
$760.00$765.00$770.00Sep 14$0.58$4.4224%7.62
$750.00$755.00$760.00Sep 14$0.35$4.6516%13.29
$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

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,114 found (best net $-15.82, 1,108 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$630.00$690.001:2Sep 1-$15.82$44.18
$680.00$715.001:2Sep 10-$16.57$18.43
$675.00$710.001:2Sep 9-$21.48$13.52
$718.00$737.001:2Sep 3-$9.88$9.12
$670.00$705.001:2Oct 9-$30.52$4.48
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$803.00$788.001:2Sep 11-$7.76$7.24
$766.00$765.001:2Aug 31-$0.36$0.64
$765.00$764.001:2Aug 31-$0.20$0.80
$764.00$763.001:2Aug 31-$0.10$0.90
$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. 308 found (best yield 1.70%, avg 0.39%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$766.00Oct 9$13.000.480.1%1.70%1.78%53
$767.00Oct 9$12.400.470.2%1.62%1.83%291
$768.00Oct 9$11.820.460.3%1.54%1.89%1064
$769.00Oct 9$11.260.450.5%1.47%1.94%1336
$770.00Oct 9$10.710.440.6%1.40%2.00%4270
$771.00Oct 9$10.170.420.7%1.33%2.06%159
$772.00Oct 9$9.650.410.9%1.26%2.12%1643
$773.00Oct 9$9.150.401.0%1.20%2.19%3013
$774.00Oct 9$8.660.391.1%1.13%2.26%1236
$775.00Oct 9$8.190.371.3%1.07%2.33%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 1,130,050
Total Puts 1,570,874
Put/Call Ratio 1.39
Net Difference -440,824

Prior's Put/Call Breakdown

Total Calls 1,532,220
Total Puts 1,563,527
Put/Call Ratio 1.02
Net Difference -31,307

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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