Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$761.23 -0.76%
9/1 15:30

Option Volume

Detail
Current (09/01 3:30pm) 10,872,264
Calls: 5,074,559 (47%)
Puts: 5,797,705 (53%)
Prior (08/31) 8,354,012
Calls: 3,804,589 (46%)
Puts: 4,549,423 (54%)
Current vs Prior +30.14%
Calls: +33.38% (Calls)
Puts: +27.44% (Puts)
Prior 7-Day Total 64,366,808
Calls: 30,668,041 (48%)
Puts: 33,698,767 (52%)
Prior 7-Day Average 9,195,258
Calls: 4,381,148 (48%)
Puts: 4,814,109 (52%)
Current vs Prior 7-Day Avg +18.24%
Calls: +15.83%
Puts: +20.43%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/01 3:30pm) $1.47B
Calls: $492.53M (33%)
Puts: $981.35M (67%)
Prior (08/31) $747.66M
Calls: $415.06M (56%)
Puts: $332.59M (44%)
Current vs Prior +97.13%
Calls: +18.66%
Puts: +195.06%
Prior 7-Day Total $6.75B
Calls: $3.71B (55%)
Puts: $3.04B (45%)
Prior 7-Day Average $964.32M
Calls: $530.33M (55%)
Puts: $433.99M (45%)
Current vs Prior 7-Day Avg +52.84%
Calls: -7.13%
Puts: +126.12%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/01 3:30pm) 1.14
Prior (08/31) 1.20
Current vs Prior -4.45%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg +3.22%
Sentiment BEARISH

Open Interest

Detail
Current (09/01 3:30pm) 9,466,535
Calls: 2,479,864 (26%)
Puts: 6,986,671 (74%)
Prior (08/31) 8,682,899
Calls: 2,399,016 (28%)
Puts: 6,283,883 (72%)
Current vs Prior +9.03%
Prior 7-Day Total 63,725,887
Calls: 17,476,701 (27%)
Puts: 46,249,186 (73%)
Prior 7-Day Average 9,103,698
Calls: 2,496,671 (27%)
Puts: 6,607,026 (73%)
Current vs Prior 7-Day Avg +3.99%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/01) | Next (09/02)Expiry (09/02) | Next (09/04)Expiry (09/04) | Next (09/11)Expiry (09/15) | Next (10/16)
Current 0.21% | 0.64%0.64% | 1.09%1.09% | 1.72%2.19% | 3.85%
Prior 0.48% | 0.67%0.15% | 0.67%1.02% | 1.56%2.19% | 3.65%
Current vs Prior -57.09% | -4.54%+333.40% | +63.23%+7.49% | +10.73%-0.01% | +5.47%
Prior 7-Day Avg 0.51% | 0.74%0.32% | 0.76%0.73% | 1.48%2.15% | 3.78%
Current vs 7-Day Avg -59.65% | -13.20%+102.35% | +44.39%+49.34% | +16.01%+1.95% | +1.83%
Prior 7-Day Eod 0.48% | 0.67%0.15% | 0.67%1.02% | 1.56%2.19% | 3.65%
Current vs 7-Day Eod -57.09% | -4.54%+333.40% | +63.23%+7.49% | +10.73%-0.01% | +5.47%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.85% | 0.61%
Calls: 1.61% | 0.42%
Puts: 2.08% | 0.80%
Prior 1.85% | 0.78%
Calls: 0.56% | 0.78%
Puts: 3.14% | 0.78%
Current vs Prior +0.00% | -21.79%
Prior 7-Day Avg 1.65% | 1.32%
Calls: 1.49% | 1.18%
Puts: 1.80% | 1.46%
Current vs 7-Day Avg +12.41% | -53.74%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 67% put dollar volume ($981.35M). Elevated premium activity with dollar volume up 97% vs prior. Dollar volume significantly above 7-day average (53% higher). Slightly bearish P/C ratio of 1.14.

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 BULLISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
15:30BEARISHBEARISHBEARISH
15:25BEARISHBEARISHBEARISH
15:20BEARISHBEARISHBEARISH

📈 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 2,564 of results (avg 2.7%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 105.595.60$5.600.2%6020.48169
$762.00Sep 3010.8110.83$10.820.2%8230.48991
$764.00Sep 115.195.20$5.200.2%1.6K0.44539
$761.00Oct 1615.5015.53$15.520.2%6430.49417
$765.00Sep 145.155.16$5.160.2%1.7K0.42244
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$880.00Sep 1118.62118.78$118.700.1%241.00--
$875.00Sep 1113.62113.78$113.700.1%1061.00--
$865.00Sep 1103.62103.77$103.700.1%251.00--
$860.00Sep 198.6198.77$98.690.2%161.00--
$850.00Sep 188.6288.78$88.700.2%221.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 724 found (avg $0.37, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 10.050.06$0.0616.7%753.8K0.10921
$762.00Sep 10.200.21$0.214.8%694.8K0.30659
$761.00Sep 10.610.62$0.621.6%344.4K0.62499
$770.00Sep 20.060.07$0.0714.3%16.9K0.046.2K
$769.00Sep 20.100.11$0.119.1%16.1K0.052.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$760.00Sep 10.110.12$0.128.3%578.1K0.156.5K
$761.00Sep 10.370.38$0.382.6%774.3K0.374.8K
$762.00Sep 10.950.97$0.962.1%694.1K0.695.8K
$751.00Sep 20.200.21$0.214.8%5.7K0.073.2K
$748.00Sep 20.100.11$0.119.1%1.3K0.04622

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,375 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 1134.62138.05$136.342.5%--1.0021
$625.00Sep 2134.69138.10$136.392.5%221.0022
$630.00Sep 2129.69133.01$131.352.5%61.006
$625.00Sep 3134.79138.07$136.432.4%221.00--
$635.00Sep 3124.80128.07$126.442.6%61.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 13.713.78$3.751.9%121.6K1.0010.2K
$766.00Sep 14.714.78$4.751.5%31.4K1.009.9K
$767.00Sep 15.695.78$5.741.6%14.1K1.007.3K
$768.00Sep 16.686.78$6.731.5%4.3K1.002.8K
$769.00Sep 17.597.78$7.692.5%2.8K1.003.2K

Most actively traded options today. High liquidity = easy entry/exit. 2,828 active (total vol 10.9M, top 774.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 10.050.06$0.0616.7%753.8K0.10921
$762.00Sep 10.200.21$0.214.8%694.8K0.30659
$764.00Sep 10.020.03$0.0333.3%677.6K0.042.1K
$765.00Sep 10.010.02$0.0250.0%533.3K0.023.9K
$761.00Sep 10.610.62$0.621.6%344.4K0.62499
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Sep 10.370.38$0.382.6%774.3K0.374.8K
$762.00Sep 10.950.97$0.962.1%694.1K0.695.8K
$760.00Sep 10.110.12$0.128.3%578.1K0.156.5K
$763.00Sep 11.791.82$1.811.7%536.5K0.907.0K
$764.00Sep 12.712.79$2.752.9%366.2K0.966.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 50.1%, max 58.6%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$760.00Sep 1Oct 1619.1%12.1%58.6%140.6K8.2K
$762.00Sep 1Oct 1617.5%11.8%48.7%695.5K962
$761.00Sep 1Oct 1617.5%11.9%47.0%345.1K916
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$761.00Sep 1Oct 1618.1%11.9%51.8%775.5K5.5K
$762.00Sep 1Oct 1617.0%11.8%44.5%695.0K6.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 904 found (best R:R 0.80, avg 4.26)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$720.00$721.00Sep 4$0.14$0.86$0.1499%6.14$720.14
$720.00$721.00Sep 30$0.11$0.89$0.1188%8.09$720.11
$715.00$716.00Sep 30$0.14$0.86$0.1490%6.14$715.14
$724.00$725.00Sep 30$0.12$0.88$0.1286%7.33$724.12
$725.00$726.00Oct 9$0.11$0.89$0.1182%8.09$725.11
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$785.00$776.00Oct 9$5.00$4.00$5.0079%0.80$780.00
$795.00$791.00Oct 16$2.62$1.38$2.6286%0.53$792.38
$793.00$790.00Oct 9$1.87$1.13$1.8787%0.60$791.13
$789.00$787.00Oct 2$1.01$0.99$1.0187%0.98$787.99
$783.00$782.00Sep 30$0.11$0.89$0.1182%8.09$782.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 652 found (best R:R 0.85, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$770.00Sep 15$2.30$2.30$2.7058%0.85$767.30
$765.00$770.00Sep 14$2.25$2.25$2.7558%0.82$767.25
$770.00$775.00Sep 14$1.50$1.50$3.5070%0.43$771.50
$770.00$775.00Sep 15$1.57$1.57$3.4369%0.46$771.57
$775.00$780.00Sep 15$0.92$0.92$4.0880%0.23$775.92
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$761.00$760.00Sep 1$0.26$0.26$0.7463%0.35$760.74
$758.00$757.00Sep 2$0.23$0.23$0.7772%0.30$757.77
$755.00$754.00Sep 2$0.11$0.11$0.8984%0.12$754.89
$756.00$755.00Sep 2$0.14$0.14$0.8681%0.16$755.86
$752.00$751.00Sep 3$0.11$0.11$0.8985%0.12$751.89

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $1.64, cheapest $1.65)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$761.00Sep 1Sep 2$1.7517.5%13.3%
$762.00Sep 1Sep 2$1.6117.5%13.4%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$761.00Sep 1Sep 2$1.6518.1%13.3%
$762.00Sep 1Sep 2$1.5317.0%13.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,156 found (cheapest 0.13% of stock, avg 3.95%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$761.00Sep 1$0.62$0.38$1.00$760.00$762.000.13%
$762.00Sep 1$0.21$0.96$1.17$760.83$763.170.15%
$760.00Sep 1$1.37$0.12$1.49$758.51$761.490.20%
$763.00Sep 1$0.06$1.81$1.87$761.13$764.870.25%
$759.00Sep 1$2.34$0.05$2.39$756.61$761.390.31%
$764.00Sep 1$0.03$2.75$2.78$761.22$766.780.37%
$758.00Sep 1$3.33$0.03$3.36$754.64$761.360.44%
$765.00Sep 1$0.02$3.75$3.77$761.23$768.770.50%
$757.00Sep 1$4.35$0.02$4.37$752.63$761.370.57%
$762.00Sep 2$1.82$2.49$4.31$757.69$766.310.57%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 371 found (cheapest 0.01% of stock, avg 1.61%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$763.00$759.00Sep 1$0.06$0.05$0.11$758.89$763.11
$763.00$760.00Sep 1$0.06$0.12$0.18$759.82$763.18
$762.00$759.00Sep 1$0.21$0.05$0.26$758.74$762.26
$762.00$760.00Sep 1$0.21$0.12$0.33$759.67$762.33
$763.00$761.00Sep 1$0.06$0.38$0.44$760.56$763.44
$762.00$761.00Sep 1$0.21$0.38$0.59$760.41$762.59
$766.00$757.00Sep 2$0.45$0.85$1.30$755.70$767.30
$765.00$757.00Sep 2$0.67$0.85$1.52$755.48$766.52
$766.00$758.00Sep 2$0.45$1.08$1.53$756.47$767.53
$765.00$758.00Sep 2$0.67$1.08$1.75$756.25$766.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 419 found (best R:R 1.17, avg credit $0.56)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
733/734769/770Sep 18$0.54$0.4649%1.17$733.46$769.54
733/734770/771Sep 18$0.52$0.4851%1.08$733.48$770.52
724/725771/772Sep 30$0.53$0.4749%1.13$724.47$771.53
727/728770/771Sep 25$0.53$0.4749%1.13$727.47$770.53
729/730770/771Sep 25$0.54$0.4648%1.17$729.46$770.54
734/735769/770Sep 18$0.54$0.4648%1.17$734.46$769.54
734/735770/771Sep 18$0.52$0.4850%1.08$734.48$770.52
730/731771/772Sep 30$0.56$0.4446%1.27$730.44$771.56
733/734771/772Sep 30$0.58$0.4244%1.38$733.42$771.58
738/739769/770Sep 18$0.57$0.4345%1.33$738.43$769.57

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 362 found (best R:R 19.41, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$700.00$720.00$740.00Sep 14$0.98$19.0213%19.41
$745.00$750.00$755.00Sep 14$0.29$4.7115%16.24
$740.00$745.00$750.00Sep 14$0.19$4.8112%25.32
$755.00$760.00$765.00Sep 14$0.52$4.4823%8.62
$755.00$760.00$765.00Sep 15$0.49$4.5122%9.20
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.50$4.5023%9.00
$750.00$755.00$760.00Sep 15$0.39$4.6119%11.82
$745.00$750.00$755.00Sep 14$0.29$4.7115%16.24
$750.00$755.00$760.00Sep 14$0.42$4.5819%10.90
$745.00$750.00$755.00Sep 15$0.29$4.7115%16.24

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,086 found (best net $-6.18, 1,070 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$690.001:2Sep 1-$6.18$58.82
$630.00$685.001:2Sep 2-$21.51$33.49
$685.00$715.001:2Sep 2-$16.45$13.55
$720.00$740.001:2Sep 14-$5.32$14.68
$725.00$740.001:2Sep 15-$10.53$4.47
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$785.00$775.001:2Sep 15-$5.35$4.65
$763.00$762.001:2Sep 1-$0.11$0.89
$764.00$763.001:2Sep 1-$0.87$0.13
$690.00$675.001:2Sep 10-$0.07$14.93
$680.00$665.001:2Sep 9-$0.05$14.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 332 found (best yield 1.95%, avg 0.47%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$762.00Oct 16$14.880.480.1%1.95%2.06%784303
$763.00Oct 16$14.270.470.2%1.87%2.11%1.5K504
$764.00Oct 16$13.680.470.4%1.80%2.16%698455
$765.00Oct 16$13.090.460.5%1.72%2.21%1.4K5.3K
$766.00Oct 16$12.520.450.6%1.64%2.27%1875.1K
$767.00Oct 16$11.970.440.8%1.57%2.33%2025.4K
$768.00Oct 16$11.420.420.9%1.50%2.39%4552.8K
$769.00Oct 16$10.890.411.0%1.43%2.45%1901.8K
$770.00Oct 16$10.380.401.1%1.36%2.52%1.4K9.3K
$771.00Oct 16$9.880.391.3%1.30%2.58%5861.8K

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 5,074,559
Total Puts 5,797,705
Put/Call Ratio 1.14
Net Difference -723,146

Prior's Put/Call Breakdown

Total Calls 3,804,589
Total Puts 4,549,423
Put/Call Ratio 1.20
Net Difference -744,834

Prior 7-Day Put/Call Summary

Total Calls 30,668,041
Total Puts 33,698,767
Average Put/Call Ratio 1.11
Ratio Trend Falling

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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