Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$762.75 +0.13%
9/2 09:45

Option Volume

Detail
Current (09/02 9:45am) 466,872
Calls: 226,101 (48%)
Puts: 240,771 (52%)
Prior (08/31) 634,330
Calls: 256,321 (40%)
Puts: 378,009 (60%)
Current vs Prior -26.40%
Calls: -11.79% (Calls)
Puts: -36.31% (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 -95.13%
Calls: -95.05%
Puts: -95.21%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 9:45am) $72.57M
Calls: $41.83M (58%)
Puts: $30.74M (42%)
Prior (08/31) $82.35M
Calls: $31.36M (38%)
Puts: $50.98M (62%)
Current vs Prior -11.88%
Calls: +33.36%
Puts: -39.70%
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 -93.08%
Calls: -92.37%
Puts: -93.86%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 9:45am) 1.06
Prior (08/31) 1.47
Current vs Prior -27.79%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg -3.90%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 9:45am) 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 0.41% | 0.69%0.41% | 0.93%0.93% | 1.59%2.10% | 3.77%
Prior 0.61% | 0.84%0.61% | 1.07%1.07% | 1.72%2.20% | 3.87%
Current vs Prior -33.35% | -17.55%-33.35% | -12.96%-12.96% | -7.75%-4.48% | -2.60%
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 -23.18% | -8.13%+5.80% | +11.74%+7.94% | +2.77%-14.20% | -3.96%
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 -33.35% | -17.55%-33.35% | -12.96%-12.96% | -7.75%-4.48% | -2.60%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.65% | 0.55%
Calls: 0.59% | 0.70%
Puts: 0.71% | 0.41%
Prior 1.07% | 0.60%
Calls: 1.20% | 0.87%
Puts: 0.94% | 0.34%
Current vs Prior -39.25% | -8.33%
Prior 7-Day Avg 1.59% | 1.27%
Calls: 1.39% | 1.15%
Puts: 1.79% | 1.39%
Current vs 7-Day Avg -59.05% | -56.79%
Liquidity Excellent
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.06. P/C ratio dropping 28% - 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 NEUTRAL
Overall MIXED
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
09:45BULLISHNEUTRALMIXED
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 2,244 of results (avg 2.5%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2137.61137.90$137.760.2%--1.0022
$766.00Oct 1613.0213.05$13.040.2%10.465.1K
$765.00Sep 258.488.50$8.490.2%160.451.4K
$767.00Oct 1612.4512.48$12.470.2%50.455.5K
$768.00Oct 1611.9011.93$11.920.3%30.443.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Sep 184.354.36$4.360.2%2770.3063.3K
$761.00Sep 309.899.92$9.910.3%610.5021.2K
$758.00Sep 186.466.48$6.470.3%1410.427.8K
$759.00Sep 309.179.20$9.180.3%20.46717
$761.00Sep 259.049.07$9.060.3%80.49505

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 720 found (avg $0.37, cheapest $0.08)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 20.070.08$0.0812.5%4.6K0.055.3K
$767.00Sep 20.130.14$0.147.1%11.1K0.097.9K
$769.00Sep 20.050.06$0.0616.7%3.2K0.047.6K
$766.00Sep 20.230.24$0.244.2%9.7K0.157.1K
$765.00Sep 20.410.42$0.422.4%19.4K0.2312.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$758.00Sep 20.180.19$0.195.3%8.2K0.105.0K
$756.00Sep 20.090.10$0.1010.0%8.5K0.054.7K
$759.00Sep 20.270.28$0.283.6%10.1K0.1510.1K
$757.00Sep 20.130.14$0.147.1%17.4K0.074.8K
$755.00Sep 20.070.08$0.0812.5%18.8K0.047.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 998 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2137.61137.90$137.760.2%--1.0022
$685.00Sep 277.6377.84$77.740.3%101.00210
$720.00Sep 242.6242.85$42.740.5%71.0012
$730.00Sep 232.6232.85$32.740.7%11.001
$733.00Sep 229.6229.85$29.740.8%11.009
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$777.00Sep 414.1114.40$14.262.0%21.00104
$779.00Sep 415.3216.39$15.866.7%--1.0018
$780.00Sep 416.3217.39$16.866.3%11.0015
$800.00Sep 435.8137.47$36.644.5%--1.0061
$789.00Sep 226.1226.37$26.251.0%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,315 active (total vol 466.5K, top 34.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 21.121.13$1.130.9%34.4K0.475.5K
$764.00Sep 20.700.71$0.711.4%28.5K0.347.1K
$762.00Sep 21.691.70$1.690.6%24.1K0.597.3K
$765.00Sep 20.410.42$0.422.4%19.4K0.2312.3K
$767.00Sep 20.130.14$0.147.1%11.1K0.097.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Sep 20.640.65$0.651.5%23.5K0.306.3K
$762.00Sep 20.960.97$0.971.0%23.0K0.415.0K
$760.00Sep 20.420.43$0.432.3%22.0K0.217.8K
$755.00Sep 20.070.08$0.0812.5%18.8K0.047.5K
$757.00Sep 20.130.14$0.147.1%17.4K0.074.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 13 strikes (avg 29.6%, max 44.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$760.00Sep 2Oct 1616.7%12.0%39.2%3.4K11.7K
$761.00Sep 2Oct 1616.2%11.9%35.9%5.9K5.1K
$762.00Sep 2Oct 1615.6%11.8%32.3%24.2K7.8K
$763.00Sep 2Oct 1615.4%11.6%32.1%34.4K6.6K
$764.00Sep 2Oct 1614.9%11.5%29.5%28.5K8.3K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$759.00Sep 2Oct 1617.5%12.1%44.2%10.1K10.8K
$760.00Sep 2Oct 1616.7%12.0%39.2%22.1K14.0K
$761.00Sep 2Oct 1616.2%11.9%35.9%23.5K7.3K
$762.00Sep 2Oct 1615.6%11.8%32.3%23.1K6.2K
$763.00Sep 2Oct 1615.4%11.6%32.1%7.4K4.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 828 found (best R:R 8.09, avg 4.53)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$738.00$739.00Sep 11$0.11$0.89$0.1191%8.09$738.11
$720.00$721.00Sep 30$0.12$0.88$0.1290%7.33$720.12
$730.00$731.00Sep 18$0.15$0.85$0.1589%5.67$730.15
$734.00$735.00Sep 18$0.15$0.85$0.1587%5.67$734.15
$727.00$728.00Oct 2$0.16$0.84$0.1685%5.25$727.16
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$789.00$787.00Oct 16$0.78$1.22$0.7879%1.56$788.22
$788.00$786.00Sep 30$1.03$0.97$1.0387%0.94$786.97
$797.00$795.00Oct 16$1.07$0.93$1.0786%0.87$795.93
$779.00$778.00Sep 30$0.13$0.87$0.1376%6.69$778.87
$778.00$777.00Sep 18$0.19$0.81$0.1981%4.26$777.81

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 618 found (best R:R 0.75, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$775.00Sep 16$4.29$4.29$5.7154%0.75$769.29
$765.00$770.00Sep 15$2.42$2.42$2.5855%0.94$767.42
$765.00$770.00Sep 14$2.37$2.37$2.6355%0.90$767.37
$770.00$775.00Sep 15$1.66$1.66$3.3467%0.50$771.66
$770.00$775.00Sep 14$1.58$1.58$3.4268%0.46$771.58
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$760.00$759.00Sep 2$0.15$0.15$0.8579%0.18$759.85
$761.00$760.00Sep 2$0.22$0.22$0.7870%0.28$760.78
$757.00$756.00Sep 3$0.15$0.15$0.8581%0.18$756.85
$762.00$761.00Sep 2$0.32$0.32$0.6859%0.47$761.68
$754.00$753.00Sep 4$0.12$0.12$0.8883%0.14$753.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $1.07, cheapest $1.01)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$761.00Sep 2Sep 3$1.1016.2%13.5%
$762.00Sep 2Sep 3$1.1515.6%13.2%
$763.00Sep 2Sep 3$1.1415.4%13.4%
$764.00Sep 2Sep 3$1.0614.9%13.1%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$761.00Sep 2Sep 3$1.0116.2%13.5%
$762.00Sep 2Sep 3$1.0615.6%13.2%
$763.00Sep 2Sep 3$1.0615.4%13.4%
$764.00Sep 2Sep 3$0.9714.9%13.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 843 found (cheapest 0.33% of stock, avg 3.76%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$763.00Sep 2$1.13$1.40$2.53$760.47$765.530.33%
$762.00Sep 2$1.69$0.97$2.66$759.34$764.660.35%
$764.00Sep 2$0.71$1.98$2.69$761.31$766.690.35%
$761.00Sep 2$2.38$0.65$3.03$757.97$764.030.40%
$765.00Sep 2$0.42$2.69$3.11$761.89$768.110.41%
$760.00Sep 2$3.15$0.43$3.58$756.42$763.580.47%
$766.00Sep 2$0.24$3.51$3.75$762.25$769.750.49%
$759.00Sep 2$4.01$0.28$4.29$754.71$763.290.56%
$767.00Sep 2$0.14$4.40$4.54$762.46$771.540.60%
$763.00Sep 3$2.27$2.46$4.73$758.27$767.730.62%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 390 found (cheapest 0.04% of stock, avg 1.46%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$767.00$758.00Sep 2$0.14$0.19$0.33$757.67$767.33
$766.00$758.00Sep 2$0.24$0.19$0.43$757.57$766.43
$767.00$759.00Sep 2$0.14$0.28$0.42$758.58$767.42
$766.00$759.00Sep 2$0.24$0.28$0.52$758.48$766.52
$767.00$760.00Sep 2$0.14$0.43$0.57$759.43$767.57
$765.00$758.00Sep 2$0.42$0.19$0.61$757.39$765.61
$766.00$760.00Sep 2$0.24$0.43$0.67$759.33$766.67
$765.00$759.00Sep 2$0.42$0.28$0.70$758.30$765.70
$765.00$760.00Sep 2$0.42$0.43$0.85$759.15$765.85
$767.00$761.00Sep 2$0.14$0.65$0.79$760.21$767.79

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 392 found (best R:R 1.04, avg credit $0.62)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
735/736771/772Sep 18$0.51$0.4952%1.04$735.49$771.51
735/736770/771Sep 18$0.53$0.4750%1.13$735.47$770.53
731/732771/772Sep 25$0.54$0.4648%1.17$731.46$771.54
738/739771/772Sep 18$0.53$0.4749%1.13$738.47$771.53
738/739770/771Sep 18$0.55$0.4547%1.22$738.45$770.55
731/732772/773Sep 25$0.52$0.4850%1.08$731.48$772.52
737/738771/772Sep 18$0.52$0.4850%1.08$737.48$771.52
737/738770/771Sep 18$0.54$0.4648%1.17$737.46$770.54
736/737771/772Sep 18$0.51$0.4951%1.04$736.49$771.51
732/733771/772Sep 25$0.54$0.4648%1.17$732.46$771.54

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 209 found (best R:R 12.51, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 14$0.37$4.6319%12.51
$750.00$755.00$760.00Sep 15$0.37$4.6318%12.51
$755.00$760.00$765.00Sep 15$0.51$4.4922%8.80
$745.00$750.00$755.00Sep 14$0.29$4.7114%16.24
$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$0.40$4.6019%11.50
$750.00$755.00$760.00Sep 16$0.35$4.6517%13.29
$750.00$755.00$760.00Sep 15$0.39$4.6118%11.82
$745.00$750.00$755.00Sep 15$0.27$4.7314%17.52
$745.00$750.00$755.00Sep 14$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. 1,048 found (best net $-17.72, 1,035 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 2-$17.72$42.28
$625.00$685.001:2Sep 3-$18.49$41.51
$685.00$720.001:2Sep 2-$7.74$27.26
$685.00$718.001:2Sep 3-$12.55$20.45
$765.00$770.001:2Sep 14-$0.68$4.32
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$782.00$773.001:2Sep 3-$1.83$7.17
$789.00$780.001:2Sep 2-$8.29$0.71
$740.00$730.001:2Sep 16-$0.42$9.58
$720.00$705.001:2Sep 16-$0.19$14.81
$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. 328 found (best yield 1.94%, avg 0.47%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$763.00Oct 16$14.800.490.0%1.94%1.97%371.2K
$764.00Oct 16$14.190.470.2%1.86%2.02%41.2K
$765.00Oct 16$13.600.470.3%1.78%2.08%1305.8K
$766.00Oct 16$13.020.460.4%1.71%2.13%15.1K
$767.00Oct 16$12.450.450.6%1.63%2.19%55.5K
$768.00Oct 16$11.900.440.7%1.56%2.25%33.2K
$769.00Oct 16$11.360.430.8%1.49%2.31%31.9K
$770.00Oct 16$10.830.420.9%1.42%2.37%349.8K
$771.00Oct 16$10.320.401.1%1.35%2.43%11.8K
$772.00Oct 16$9.820.391.2%1.29%2.50%61.7K

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 226,101
Total Puts 240,771
Put/Call Ratio 1.06
Net Difference -14,670

Prior's Put/Call Breakdown

Total Calls 256,321
Total Puts 378,009
Put/Call Ratio 1.47
Net Difference -121,688

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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