Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$761.03 -0.78%
9/1 15:45

Option Volume

Detail
Current (09/01 3:45pm) 11,317,159
Calls: 5,268,153 (47%)
Puts: 6,049,006 (53%)
Prior (08/31) 8,759,800
Calls: 3,980,768 (45%)
Puts: 4,779,032 (55%)
Current vs Prior +29.19%
Calls: +32.34% (Calls)
Puts: +26.57% (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 +23.08%
Calls: +20.25%
Puts: +25.65%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/01 3:45pm) $1.55B
Calls: $488.18M (31%)
Puts: $1.06B (69%)
Prior (08/31) $807.99M
Calls: $495.24M (61%)
Puts: $312.75M (39%)
Current vs Prior +92.17%
Calls: -1.43%
Puts: +240.39%
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 +61.02%
Calls: -7.95%
Puts: +145.30%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/01 3:45pm) 1.15
Prior (08/31) 1.20
Current vs Prior -4.36%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg +3.73%
Sentiment BEARISH

Open Interest

Detail
Current (09/01 3:45pm) 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% | 0.62%0.62% | 1.09%1.09% | 1.72%2.21% | 3.86%
Prior 0.48% | 0.67%0.15% | 0.67%1.02% | 1.56%2.19% | 3.65%
Current vs Prior -56.53% | -7.26%+321.05% | +62.68%+7.13% | +10.68%+0.55% | +5.64%
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 -59.13% | -15.68%+96.58% | +43.90%+48.84% | +15.96%+2.52% | +1.99%
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 -56.53% | -7.26%+321.05% | +62.68%+7.13% | +10.68%+0.55% | +5.64%
Sentiment BULLISHBEARISHBEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 1.94% | 0.82%
Calls: 2.08% | 0.46%
Puts: 1.79% | 1.18%
Prior 1.85% | 0.78%
Calls: 0.56% | 0.78%
Puts: 3.14% | 0.78%
Current vs Prior +4.86% | +5.13%
Prior 7-Day Avg 1.65% | 1.32%
Calls: 1.49% | 1.18%
Puts: 1.80% | 1.46%
Current vs 7-Day Avg +17.88% | -37.81%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 69% put dollar volume ($1.06B). Elevated premium activity with dollar volume up 92% vs prior. Dollar volume significantly above 7-day average (61% higher). Slightly bearish P/C ratio of 1.15.

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 BEARISH
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
15:45BEARISHBEARISHBEARISH
15:40BEARISHBEARISHBEARISH
15:35BEARISHBEARISHBEARISH
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 2,470 of results (avg 2.8%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$764.00Oct 1613.5913.62$13.610.2%6980.47455
$765.00Oct 1613.0113.04$13.020.2%1.6K0.455.3K
$766.00Oct 1612.4512.48$12.470.2%1870.445.1K
$760.00Oct 1616.0316.07$16.050.2%1.2K0.507.7K
$767.00Oct 1611.8911.92$11.910.3%2020.435.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$885.00Sep 1123.84124.15$124.000.3%211.00--
$757.00Sep 187.177.19$7.180.3%2.7K0.448.2K
$757.00Sep 309.509.53$9.520.3%2840.462.9K
$763.00Sep 189.499.52$9.500.3%2.0K0.543.8K
$754.00Sep 186.246.26$6.250.3%1.1K0.392.8K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 716 found (avg $0.38, cheapest $0.14)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 10.130.14$0.147.1%729.0K0.20659
$761.00Sep 10.470.48$0.482.1%376.7K0.50499
$770.00Sep 20.050.06$0.0616.7%18.7K0.036.2K
$769.00Sep 20.080.09$0.0911.1%19.6K0.042.0K
$768.00Sep 20.130.14$0.147.1%21.8K0.072.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$759.00Sep 10.050.06$0.0616.7%362.0K0.083.0K
$760.00Sep 10.150.16$0.166.3%640.9K0.216.5K
$761.00Sep 10.450.46$0.462.2%823.6K0.504.8K
$749.00Sep 20.120.13$0.137.7%3.4K0.04414
$750.00Sep 20.150.16$0.166.3%9.2K0.054.6K

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 1134.29137.70$136.002.5%--1.0021
$690.00Sep 169.2972.70$71.004.8%2101.0025
$700.00Sep 159.3962.59$60.995.2%11.001
$710.00Sep 149.3951.45$50.424.1%--1.0011
$715.00Sep 145.9146.09$46.000.4%51.004
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Sep 29.8510.13$9.992.8%1.7K1.001.3K
$772.00Sep 210.8911.06$10.981.5%2.6K1.00640
$773.00Sep 211.6112.10$11.864.1%1.2K1.00617
$774.00Sep 212.8213.09$12.962.1%1.7K1.00639
$775.00Sep 213.9014.20$14.052.1%9521.00700

Most actively traded options today. High liquidity = easy entry/exit. 2,843 active (total vol 11.3M, top 823.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 10.030.04$0.0425.0%779.6K0.06921
$762.00Sep 10.130.14$0.147.1%729.0K0.20659
$764.00Sep 10.010.02$0.0250.0%693.9K0.032.1K
$765.00Sep 10.010.02$0.0250.0%541.2K0.023.9K
$761.00Sep 10.470.48$0.482.1%376.7K0.50499
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Sep 10.450.46$0.462.2%823.6K0.504.8K
$762.00Sep 11.111.13$1.121.8%707.7K0.815.8K
$760.00Sep 10.150.16$0.166.3%640.9K0.216.5K
$763.00Sep 12.012.04$2.031.5%539.9K0.947.0K
$764.00Sep 12.983.05$3.012.3%368.0K0.976.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 74.3%, max 82.4%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$760.00Sep 1Oct 1622.0%12.1%82.4%146.3K8.2K
$762.00Sep 1Oct 1620.2%11.8%71.0%729.8K962
$761.00Sep 1Oct 1620.2%11.9%69.5%377.6K916
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$760.00Sep 1Oct 1622.0%12.1%82.4%644.2K12.0K
$762.00Sep 1Oct 1620.2%11.8%71.0%708.7K6.4K
$761.00Sep 1Oct 1620.2%11.9%69.5%824.8K5.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 871 found (best R:R 0.58, avg 4.55)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$747.00$748.00Sep 3$0.16$0.84$0.1692%5.25$747.16
$723.00$724.00Sep 30$0.13$0.87$0.1386%6.69$723.13
$701.00$702.00Oct 16$0.18$0.82$0.1889%4.56$701.18
$706.00$707.00Oct 16$0.17$0.83$0.1788%4.88$706.17
$730.00$731.00Sep 18$0.16$0.84$0.1687%5.25$730.16
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$785.00$776.00Oct 9$5.70$3.30$5.7080%0.58$779.30
$789.00$787.00Oct 16$0.79$1.21$0.7981%1.53$788.21
$789.00$787.00Oct 2$0.93$1.07$0.9387%1.15$788.07
$793.00$790.00Oct 9$1.84$1.16$1.8487%0.63$791.16
$775.00$774.00Sep 10$0.18$0.82$0.1887%4.56$774.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 660 found (best R:R 0.84, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$770.00Sep 15$2.28$2.28$2.7258%0.84$767.28
$765.00$770.00Sep 14$2.23$2.23$2.7759%0.81$767.23
$770.00$775.00Sep 15$1.55$1.55$3.4570%0.45$771.55
$770.00$775.00Sep 14$1.47$1.47$3.5371%0.42$771.47
$775.00$780.00Sep 15$0.91$0.91$4.0981%0.22$775.91
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$760.00$759.00Sep 1$0.10$0.10$0.9078%0.11$759.90
$761.00$760.00Sep 1$0.30$0.30$0.7050%0.43$760.70
$755.00$754.00Sep 2$0.12$0.12$0.8884%0.14$754.88
$756.00$755.00Sep 2$0.14$0.14$0.8680%0.16$755.86
$757.00$756.00Sep 2$0.18$0.18$0.8276%0.22$756.82

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.66, cheapest $1.69)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$761.00Sep 1Sep 2$1.6920.2%13.0%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$761.00Sep 1Sep 2$1.6220.2%13.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,165 found (cheapest 0.12% of stock, avg 3.99%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$761.00Sep 1$0.48$0.46$0.94$760.06$761.940.12%
$760.00Sep 1$1.17$0.16$1.33$758.67$761.330.17%
$762.00Sep 1$0.14$1.12$1.26$760.74$763.260.17%
$763.00Sep 1$0.04$2.03$2.07$760.93$765.070.27%
$759.00Sep 1$2.08$0.06$2.14$756.86$761.140.28%
$758.00Sep 1$3.01$0.03$3.04$754.96$761.040.40%
$764.00Sep 1$0.02$3.01$3.03$760.97$767.030.40%
$757.00Sep 1$4.01$0.02$4.03$752.97$761.030.53%
$765.00Sep 1$0.02$4.00$4.02$760.98$769.020.53%
$762.00Sep 2$1.65$2.55$4.20$757.80$766.200.55%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 369 found (cheapest 0.01% of stock, avg 1.62%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$763.00$759.00Sep 1$0.04$0.06$0.10$758.90$763.10
$762.00$759.00Sep 1$0.14$0.06$0.20$758.80$762.20
$763.00$760.00Sep 1$0.04$0.16$0.20$759.80$763.20
$762.00$760.00Sep 1$0.14$0.16$0.30$759.70$762.30
$766.00$757.00Sep 2$0.37$0.85$1.22$755.78$767.22
$765.00$757.00Sep 2$0.56$0.85$1.41$755.59$766.41
$766.00$758.00Sep 2$0.37$1.07$1.44$756.56$767.44
$764.00$757.00Sep 2$0.85$0.85$1.70$755.30$765.70
$765.00$758.00Sep 2$0.56$1.07$1.63$756.37$766.63
$764.00$758.00Sep 2$0.85$1.07$1.92$756.08$765.92

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 435 found (best R:R 1.13, avg credit $0.55)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
731/732769/770Sep 18$0.53$0.4750%1.13$731.47$769.53
726/727770/771Sep 25$0.53$0.4750%1.13$726.47$770.53
726/727771/772Sep 25$0.51$0.4952%1.04$726.49$771.51
732/733769/770Sep 18$0.53$0.4750%1.13$732.47$769.53
735/736769/770Sep 18$0.55$0.4548%1.22$735.45$769.55
726/727771/772Sep 30$0.54$0.4648%1.17$726.46$771.54
741/742768/769Sep 10$0.47$0.5355%0.89$741.53$768.47
727/728770/771Sep 25$0.53$0.4749%1.13$727.47$770.53
741/742768/769Sep 11$0.51$0.4951%1.04$741.49$768.51
731/732770/771Sep 18$0.50$0.5052%1.00$731.50$770.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 342 found (best R:R 20.28, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$700.00$720.00$740.00Sep 14$0.94$19.0616%20.28
$745.00$750.00$755.00Sep 15$0.25$4.7515%19.00
$750.00$755.00$760.00Sep 14$0.39$4.6120%11.82
$740.00$745.00$750.00Sep 15$0.17$4.8311%28.41
$745.00$750.00$755.00Sep 14$0.31$4.6915%15.13
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 14$0.41$4.5920%11.20
$750.00$755.00$760.00Sep 15$0.40$4.6019%11.50
$745.00$750.00$755.00Sep 14$0.31$4.6915%15.13
$745.00$750.00$755.00Sep 15$0.30$4.7015%15.67
$740.00$745.00$750.00Sep 15$0.22$4.7812%21.73

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,082 found (best net $-6.00, 1,067 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$690.001:2Sep 1-$6.00$59.00
$630.00$685.001:2Sep 2-$21.08$33.92
$685.00$715.001:2Sep 2-$16.09$13.91
$720.00$740.001:2Sep 14-$5.07$14.93
$725.00$740.001:2Sep 15-$10.23$4.77
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$763.00$762.001:2Sep 1-$0.21$0.79
$690.00$675.001:2Sep 10-$0.08$14.92
$759.00$758.001:2Sep 1$0.00$1.00
$680.00$665.001:2Sep 9-$0.06$14.94
$756.00$755.001:2Sep 1$0.00$1.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 327 found (best yield 1.94%, avg 0.47%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$762.00Oct 16$14.780.480.1%1.94%2.07%785303
$763.00Oct 16$14.180.470.3%1.86%2.12%1.5K504
$764.00Oct 16$13.590.470.4%1.79%2.18%698455
$765.00Oct 16$13.010.450.5%1.71%2.23%1.6K5.3K
$766.00Oct 16$12.450.440.7%1.64%2.29%1875.1K
$767.00Oct 16$11.890.430.8%1.56%2.35%2025.4K
$768.00Oct 16$11.350.420.9%1.49%2.41%4552.8K
$769.00Oct 16$10.820.411.1%1.42%2.47%1911.8K
$770.00Oct 16$10.310.401.2%1.35%2.53%1.4K9.3K
$771.00Oct 16$9.810.391.3%1.29%2.60%5881.8K

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 5,268,153
Total Puts 6,049,006
Put/Call Ratio 1.15
Net Difference -780,853

Prior's Put/Call Breakdown

Total Calls 3,980,768
Total Puts 4,779,032
Put/Call Ratio 1.20
Net Difference -798,264

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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