Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$762.28 +0.06%
9/2 09:40

Option Volume

Detail
Current (09/02 9:40am) 319,108
Calls: 147,016 (46%)
Puts: 172,092 (54%)
Prior (08/31) 458,729
Calls: 185,520 (40%)
Puts: 273,209 (60%)
Current vs Prior -30.44%
Calls: -20.75% (Calls)
Puts: -37.01% (Puts)
Prior 7-Day Total 67,158,206
Calls: 31,942,135 (48%)
Puts: 35,216,071 (52%)
Prior 7-Day Average 9,594,029
Calls: 4,563,162 (48%)
Puts: 5,030,867 (52%)
Current vs Prior 7-Day Avg -96.67%
Calls: -96.78%
Puts: -96.58%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 9:40am) $45.29M
Calls: $24.21M (53%)
Puts: $21.08M (47%)
Prior (08/31) $58.48M
Calls: $22.24M (38%)
Puts: $36.24M (62%)
Current vs Prior -22.55%
Calls: +8.88%
Puts: -41.83%
Prior 7-Day Total $7.34B
Calls: $3.84B (52%)
Puts: $3.50B (48%)
Prior 7-Day Average $1.05B
Calls: $548.01M (52%)
Puts: $500.64M (48%)
Current vs Prior 7-Day Avg -95.68%
Calls: -95.58%
Puts: -95.79%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 9:40am) 1.17
Prior (08/31) 1.47
Current vs Prior -20.51%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg +5.64%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 9:40am) 9,677,902
Calls: 2,556,486 (26%)
Puts: 7,121,416 (74%)
Prior (08/31) 8,682,899
Calls: 2,399,016 (28%)
Puts: 6,283,883 (72%)
Current vs Prior +11.46%
Prior 7-Day Total 61,381,828
Calls: 16,772,494 (27%)
Puts: 44,609,334 (73%)
Prior 7-Day Average 8,768,832
Calls: 2,396,070 (27%)
Puts: 6,372,762 (73%)
Current vs Prior 7-Day Avg +10.37%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/02) | Next (09/03)Expiry (09/02) | Next (09/04)Expiry (09/04) | Next (09/11)Expiry (09/15) | Next (10/16)
Current 0.42% | 0.70%0.42% | 0.95%0.95% | 1.60%2.11% | 3.78%
Prior 0.61% | 0.84%0.61% | 1.07%1.07% | 1.72%2.20% | 3.87%
Current vs Prior -30.50% | -16.72%-30.50% | -11.68%-11.68% | -7.08%-3.95% | -2.40%
Prior 7-Day Avg 0.53% | 0.76%0.38% | 0.84%0.86% | 1.54%2.45% | 3.93%
Current vs 7-Day Avg -19.89% | -7.20%+10.32% | +13.38%+9.53% | +3.51%-13.72% | -3.77%
Prior 7-Day Eod 0.61% | 0.84%0.61% | 1.07%1.07% | 1.72%2.20% | 3.87%
Current vs 7-Day Eod -30.50% | -16.72%-30.50% | -11.68%-11.68% | -7.08%-3.95% | -2.40%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.92% | 0.75%
Calls: 0.67% | 0.76%
Puts: 1.16% | 0.74%
Prior 1.07% | 0.60%
Calls: 1.20% | 0.87%
Puts: 0.94% | 0.34%
Current vs Prior -14.02% | +25.00%
Prior 7-Day Avg 1.59% | 1.27%
Calls: 1.39% | 1.15%
Puts: 1.79% | 1.39%
Current vs 7-Day Avg -42.03% | -41.08%
Liquidity Excellent
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.17. P/C ratio dropping 21% - sentiment shifting bullish. Put-heavy open interest (7,121,416 puts vs 2,556,486 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
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
09:40BULLISHBEARISHBEARISH
09:35BULLISHBEARISHBEARISH

📈 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 2,261 of results (avg 2.4%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Oct 1611.7211.74$11.730.2%30.433.2K
$764.00Oct 1613.9914.02$14.010.2%40.471.2K
$765.00Oct 1613.4013.43$13.420.2%1100.475.8K
$766.00Oct 1612.8312.86$12.850.2%10.465.1K
$625.00Sep 2137.14137.47$137.310.2%--1.0022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 3010.9510.98$10.970.3%340.531.2K
$762.00Sep 3010.5510.58$10.570.3%120.52900
$763.00Oct 1613.5613.60$13.580.3%1010.521.5K
$761.00Sep 3010.1510.18$10.160.3%510.5021.2K
$763.00Sep 2510.1110.14$10.130.3%10.53509

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 717 found (avg $0.37, cheapest $0.08)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 20.070.08$0.0812.5%2.6K0.055.3K
$767.00Sep 20.120.13$0.137.7%7.3K0.087.9K
$766.00Sep 20.210.22$0.224.5%7.2K0.147.1K
$769.00Sep 20.050.06$0.0616.7%2.9K0.047.6K
$765.00Sep 20.360.37$0.372.7%13.0K0.2112.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$756.00Sep 20.110.12$0.128.3%6.6K0.064.7K
$757.00Sep 20.160.17$0.175.9%13.6K0.094.8K
$755.00Sep 20.080.09$0.0911.1%17.2K0.057.5K
$758.00Sep 20.240.25$0.254.0%5.8K0.135.0K
$754.00Sep 20.060.07$0.0714.3%1.3K0.043.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 995 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2137.14137.47$137.310.2%--1.0022
$685.00Sep 277.2277.45$77.340.3%101.00210
$720.00Sep 242.2242.43$42.330.5%71.0012
$730.00Sep 232.2332.40$32.320.5%11.001
$733.00Sep 229.2329.40$29.320.6%11.009
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$782.00Sep 318.4719.82$19.157.0%41.00--
$784.00Sep 320.4721.82$21.156.4%41.00--
$785.00Sep 321.6422.81$22.235.3%21.004
$786.00Sep 321.9823.81$22.908.0%21.00--
$777.00Sep 414.5014.84$14.672.3%11.00104

Most actively traded options today. High liquidity = easy entry/exit. 1,168 active (total vol 318.8K, top 19.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 20.991.00$1.001.0%19.5K0.435.5K
$762.00Sep 21.491.50$1.500.7%16.2K0.557.3K
$764.00Sep 20.620.63$0.631.6%14.4K0.317.1K
$765.00Sep 20.360.37$0.372.7%13.0K0.2112.3K
$767.00Sep 20.120.13$0.137.7%7.3K0.087.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$755.00Sep 20.080.09$0.0911.1%17.2K0.057.5K
$761.00Sep 20.830.84$0.841.2%17.0K0.346.3K
$762.00Sep 21.221.23$1.230.8%14.6K0.455.0K
$760.00Sep 20.560.57$0.561.8%14.0K0.257.8K
$757.00Sep 20.160.17$0.175.9%13.6K0.094.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 35.5%, max 46.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$759.00Sep 2Oct 1617.9%12.2%46.8%4192.8K
$760.00Sep 2Oct 1617.3%12.0%43.3%1.9K11.7K
$761.00Sep 2Oct 1616.6%11.9%39.3%3.8K5.1K
$762.00Sep 2Oct 1616.3%11.8%37.8%16.3K7.8K
$763.00Sep 2Oct 1616.0%11.7%37.5%19.5K6.6K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$759.00Sep 2Oct 1617.9%12.2%46.8%7.0K10.8K
$760.00Sep 2Oct 1617.3%12.0%43.3%14.1K14.0K
$761.00Sep 2Oct 1616.6%11.9%39.3%17.1K7.3K
$762.00Sep 2Oct 1616.3%11.8%37.8%14.7K6.2K
$763.00Sep 2Oct 1616.0%11.7%37.5%4.1K4.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 834 found (best R:R 5.06, avg 4.60)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$728.00$730.00Sep 25$0.33$1.67$0.3387%5.06$728.33
$724.00$725.00Oct 2$0.11$0.89$0.1186%8.09$724.11
$644.00$645.00Sep 18$0.29$0.71$0.29100%2.45$644.29
$722.00$723.00Sep 4$0.32$0.68$0.3299%2.12$722.32
$725.00$726.00Sep 4$0.32$0.68$0.3299%2.12$725.32
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$787.00$785.00Oct 2$0.91$1.09$0.9184%1.20$786.09
$789.00$787.00Oct 16$0.82$1.18$0.8280%1.44$788.18
$788.00$786.00Sep 30$1.12$0.88$1.1287%0.79$786.88
$765.00$760.00Sep 15$1.99$3.01$1.9956%1.51$763.01
$770.00$765.00Sep 14$2.73$2.27$2.7369%0.83$767.27

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 628 found (best R:R 0.72, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$775.00Sep 16$4.18$4.18$5.8254%0.72$769.18
$765.00$770.00Sep 15$2.36$2.36$2.6456%0.89$767.36
$765.00$770.00Sep 14$2.31$2.31$2.6956%0.86$767.31
$770.00$775.00Sep 15$1.61$1.61$3.3968%0.47$771.61
$770.00$775.00Sep 14$1.52$1.52$3.4869%0.44$771.52
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$762.00$761.00Sep 2$0.39$0.39$0.6155%0.64$761.61
$761.00$760.00Sep 2$0.28$0.28$0.7266%0.39$760.72
$759.00$758.00Sep 2$0.13$0.13$0.8782%0.15$758.87
$755.00$754.00Sep 3$0.11$0.11$0.8986%0.12$754.89
$760.00$759.00Sep 2$0.18$0.18$0.8275%0.22$759.82

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $1.04, cheapest $1.03)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$761.00Sep 2Sep 3$1.1216.6%13.6%
$762.00Sep 2Sep 3$1.1316.3%13.4%
$764.00Sep 2Sep 3$0.9915.8%13.3%
$763.00Sep 2Sep 3$1.0916.0%13.6%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$761.00Sep 2Sep 3$1.0316.6%13.6%
$762.00Sep 2Sep 3$1.0316.3%13.4%
$764.00Sep 2Sep 3$0.9115.8%13.3%
$763.00Sep 2Sep 3$1.0016.0%13.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 834 found (cheapest 0.36% of stock, avg 3.76%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$762.00Sep 2$1.50$1.23$2.73$759.27$764.730.36%
$763.00Sep 2$1.00$1.72$2.72$760.28$765.720.36%
$761.00Sep 2$2.12$0.84$2.96$758.04$763.960.39%
$764.00Sep 2$0.63$2.34$2.97$761.03$766.970.39%
$760.00Sep 2$2.85$0.56$3.41$756.59$763.410.45%
$765.00Sep 2$0.37$3.09$3.46$761.54$768.460.45%
$759.00Sep 2$3.66$0.38$4.04$754.96$763.040.53%
$766.00Sep 2$0.22$3.92$4.14$761.86$770.140.54%
$758.00Sep 2$4.53$0.25$4.78$753.22$762.780.63%
$763.00Sep 3$2.09$2.72$4.81$758.19$767.810.63%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 390 found (cheapest 0.05% of stock, avg 1.48%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$767.00$758.00Sep 2$0.13$0.25$0.38$757.62$767.38
$766.00$758.00Sep 2$0.22$0.25$0.47$757.53$766.47
$767.00$759.00Sep 2$0.13$0.38$0.51$758.49$767.51
$766.00$759.00Sep 2$0.22$0.38$0.60$758.40$766.60
$765.00$758.00Sep 2$0.37$0.25$0.62$757.38$765.62
$765.00$759.00Sep 2$0.37$0.38$0.75$758.25$765.75
$767.00$760.00Sep 2$0.13$0.56$0.69$759.31$767.69
$766.00$760.00Sep 2$0.22$0.56$0.78$759.22$766.78
$765.00$760.00Sep 2$0.37$0.56$0.93$759.07$765.93
$764.00$758.00Sep 2$0.63$0.25$0.88$757.12$764.88

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 413 found (best R:R 1.13, avg credit $0.61)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
728/729771/772Sep 25$0.53$0.4750%1.13$728.47$771.53
730/731771/772Sep 25$0.54$0.4649%1.17$730.46$771.54
734/735771/772Sep 18$0.50$0.5052%1.00$734.50$771.50
732/733771/772Sep 25$0.54$0.4648%1.17$732.46$771.54
736/737771/772Sep 18$0.51$0.4951%1.04$736.49$771.51
735/736771/772Sep 18$0.50$0.5052%1.00$735.50$771.50
731/732771/772Sep 25$0.53$0.4749%1.13$731.47$771.53
739/740771/772Sep 18$0.53$0.4749%1.13$739.47$771.53
738/739771/772Sep 18$0.52$0.4849%1.08$738.48$771.52
727/728772/773Sep 30$0.52$0.4849%1.08$727.48$772.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 252 found (best R:R 12.89, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 15$0.36$4.6419%12.89
$750.00$755.00$760.00Sep 14$0.40$4.6020%11.50
$745.00$750.00$755.00Sep 14$0.29$4.7115%16.24
$755.00$760.00$765.00Sep 15$0.51$4.4922%8.80
$755.00$760.00$765.00Sep 14$0.56$4.4424%7.93
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 14$0.42$4.5820%10.90
$750.00$755.00$760.00Sep 15$0.40$4.6019%11.50
$755.00$760.00$765.00Sep 14$0.56$4.4424%7.93
$745.00$750.00$755.00Sep 15$0.29$4.7114%16.24
$745.00$750.00$755.00Sep 14$0.31$4.6915%15.13

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,048 found (best net $-17.37, 1,035 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 2-$17.37$42.63
$625.00$685.001:2Sep 3-$18.20$41.80
$685.00$720.001:2Sep 2-$7.32$27.68
$685.00$718.001:2Sep 3-$12.13$20.87
$765.00$770.001:2Sep 14-$0.63$4.37
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$782.00$773.001:2Sep 3-$1.71$7.29
$740.00$730.001:2Sep 16-$0.45$9.55
$720.00$705.001:2Sep 16-$0.18$14.82
$789.00$780.001:2Sep 2-$8.70$0.30
$690.00$660.001:2Sep 9-$0.01$29.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 326 found (best yield 1.91%, avg 0.46%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$763.00Oct 16$14.590.480.1%1.91%2.01%251.2K
$764.00Oct 16$13.990.470.2%1.84%2.06%41.2K
$765.00Oct 16$13.400.470.4%1.76%2.11%1105.8K
$766.00Oct 16$12.830.460.5%1.68%2.17%15.1K
$767.00Oct 16$12.260.450.6%1.61%2.23%55.5K
$768.00Oct 16$11.720.430.8%1.54%2.29%33.2K
$769.00Oct 16$11.180.420.9%1.47%2.35%21.9K
$770.00Oct 16$10.660.411.0%1.40%2.41%289.8K
$771.00Oct 16$10.150.401.1%1.33%2.48%11.8K
$772.00Oct 16$9.660.391.3%1.27%2.54%21.7K

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 147,016
Total Puts 172,092
Put/Call Ratio 1.17
Net Difference -25,076

Prior's Put/Call Breakdown

Total Calls 185,520
Total Puts 273,209
Put/Call Ratio 1.47
Net Difference -87,689

Prior 7-Day Put/Call Summary

Total Calls 31,942,135
Total Puts 35,216,071
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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