Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$762.25 +0.06%
9/2 09:50

Option Volume

Detail
Current (09/02 9:50am) 636,186
Calls: 308,889 (49%)
Puts: 327,297 (51%)
Prior (08/31) 879,262
Calls: 351,742 (40%)
Puts: 527,520 (60%)
Current vs Prior -27.65%
Calls: -12.18% (Calls)
Puts: -37.96% (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 -93.37%
Calls: -93.23%
Puts: -93.49%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 9:50am) $95.57M
Calls: $51.03M (53%)
Puts: $44.54M (47%)
Prior (08/31) $112.41M
Calls: $44.56M (40%)
Puts: $67.85M (60%)
Current vs Prior -14.98%
Calls: +14.52%
Puts: -34.36%
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 -90.89%
Calls: -90.69%
Puts: -91.10%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 9:50am) 1.06
Prior (08/31) 1.50
Current vs Prior -29.35%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg -4.38%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 9:50am) 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% | 0.70%0.41% | 0.93%0.93% | 1.59%2.09% | 3.77%
Prior 0.61% | 0.84%0.61% | 1.07%1.07% | 1.72%2.20% | 3.87%
Current vs Prior -32.87% | -17.50%-32.87% | -13.15%-13.15% | -7.84%-4.90% | -2.70%
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 -22.63% | -8.07%+6.56% | +11.50%+7.71% | +2.67%-14.57% | -4.07%
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 -32.87% | -17.50%-32.87% | -13.15%-13.15% | -7.84%-4.90% | -2.70%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.94% | 0.56%
Calls: 0.70% | 0.39%
Puts: 1.18% | 0.74%
Prior 1.07% | 0.60%
Calls: 1.20% | 0.87%
Puts: 0.94% | 0.34%
Current vs Prior -12.15% | -6.67%
Prior 7-Day Avg 1.59% | 1.27%
Calls: 1.39% | 1.15%
Puts: 1.79% | 1.39%
Current vs 7-Day Avg -40.77% | -56.00%
Liquidity Excellent
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.06. P/C ratio dropping 29% - 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
09:50BULLISHNEUTRALMIXED
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 2,274 of results (avg 2.5%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 3010.4010.42$10.410.2%520.47727
$765.00Sep 145.185.19$5.190.2%1530.43748
$763.00Oct 1614.5214.55$14.540.2%400.481.2K
$625.00Sep 2137.08137.40$137.240.2%--1.0022
$766.00Oct 1612.7612.79$12.770.2%20.455.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 188.158.17$8.160.2%3210.512.4K
$761.00Sep 187.757.77$7.760.3%1560.492.2K
$760.00Sep 187.377.39$7.380.3%2850.4769.0K
$759.00Sep 187.017.03$7.020.3%670.453.0K
$763.00Sep 2510.0810.11$10.090.3%20.53509

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 715 found (avg $0.37, cheapest $0.07)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 20.060.07$0.0714.3%6.3K0.055.3K
$766.00Sep 20.170.18$0.185.6%12.7K0.117.1K
$767.00Sep 20.100.11$0.119.1%19.0K0.077.9K
$765.00Sep 20.310.32$0.323.1%26.2K0.1812.3K
$764.00Sep 20.550.56$0.561.8%38.9K0.287.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$755.00Sep 20.080.09$0.0911.1%22.8K0.057.5K
$756.00Sep 20.110.12$0.128.3%12.5K0.074.7K
$758.00Sep 20.240.25$0.254.0%18.9K0.135.0K
$757.00Sep 20.170.18$0.185.6%19.5K0.094.8K
$754.00Sep 20.060.07$0.0714.3%3.5K0.043.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,020 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2137.08137.40$137.240.2%--1.0022
$685.00Sep 277.0877.34$77.210.3%101.00210
$720.00Sep 242.0742.29$42.180.5%71.0012
$730.00Sep 232.0832.29$32.190.7%11.001
$733.00Sep 229.0829.29$29.190.7%11.009
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$776.00Sep 413.6713.95$13.812.0%--1.0060
$777.00Sep 414.4614.94$14.703.3%221.00104
$779.00Sep 415.7216.87$16.307.1%401.0018
$780.00Sep 416.7017.94$17.327.2%11.0015
$800.00Sep 436.1037.93$37.024.9%--1.0061

Most actively traded options today. High liquidity = easy entry/exit. 1,443 active (total vol 635.7K, top 48.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 20.910.92$0.921.1%48.0K0.405.5K
$764.00Sep 20.550.56$0.561.8%38.9K0.287.1K
$762.00Sep 21.411.42$1.420.7%31.5K0.527.3K
$765.00Sep 20.310.32$0.323.1%26.2K0.1812.3K
$767.00Sep 20.100.11$0.119.1%19.0K0.077.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 21.181.19$1.190.8%34.7K0.485.0K
$761.00Sep 20.800.81$0.811.2%33.4K0.366.3K
$760.00Sep 20.540.55$0.551.8%28.7K0.267.8K
$755.00Sep 20.080.09$0.0911.1%22.8K0.057.5K
$757.00Sep 20.170.18$0.185.6%19.5K0.094.8K

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 28.2%, max 44.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$759.00Sep 2Oct 1617.6%12.1%44.8%1.6K2.8K
$760.00Sep 2Oct 1616.8%12.0%40.1%5.2K11.7K
$761.00Sep 2Oct 1616.2%11.9%36.7%8.1K5.1K
$762.00Sep 2Oct 1615.7%11.7%34.0%31.6K7.8K
$763.00Sep 2Oct 1615.5%11.6%33.3%48.1K6.6K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$759.00Sep 2Oct 1617.6%12.1%44.8%13.5K10.8K
$760.00Sep 2Oct 1616.8%12.0%40.1%28.8K14.0K
$761.00Sep 2Oct 1616.2%11.9%36.7%33.4K7.3K
$762.00Sep 2Oct 1615.7%11.7%34.0%34.7K6.2K
$763.00Sep 2Oct 1615.5%11.6%33.3%11.8K4.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 834 found (best R:R 9.00, avg 4.75)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$732.00$733.00Sep 30$0.10$0.90$0.1083%9.00$732.10
$719.00$720.00Oct 16$0.13$0.87$0.1384%6.69$719.13
$728.00$729.00Oct 2$0.13$0.87$0.1384%6.69$728.13
$724.00$725.00Oct 2$0.16$0.84$0.1686%5.25$724.16
$731.00$732.00Oct 2$0.14$0.86$0.1482%6.14$731.14
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$787.00$785.00Oct 2$0.95$1.05$0.9585%1.11$786.05
$790.00$789.00Oct 16$0.14$0.86$0.1481%6.14$789.86
$773.00$772.00Sep 8$0.39$0.61$0.3988%1.56$772.61
$765.00$760.00Sep 15$1.99$3.01$1.9956%1.51$763.01
$765.00$760.00Sep 14$2.00$3.00$2.0056%1.50$763.00

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 631 found (best R:R 0.71, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$775.00Sep 16$4.16$4.16$5.8454%0.71$769.16
$765.00$770.00Sep 15$2.35$2.35$2.6556%0.89$767.35
$765.00$770.00Sep 14$2.30$2.30$2.7056%0.85$767.30
$770.00$775.00Sep 15$1.60$1.60$3.4068%0.47$771.60
$770.00$775.00Sep 14$1.51$1.51$3.4970%0.43$771.51
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$759.00$758.00Sep 2$0.12$0.12$0.8881%0.14$758.88
$752.00$751.00Sep 4$0.10$0.10$0.9086%0.11$751.90
$760.00$759.00Sep 2$0.18$0.18$0.8274%0.22$759.82
$756.00$755.00Sep 3$0.13$0.13$0.8782%0.15$755.87
$755.00$754.00Sep 3$0.10$0.10$0.9085%0.11$754.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.10, cheapest $1.05)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$761.00Sep 2Sep 3$1.1416.2%13.6%
$762.00Sep 2Sep 3$1.1615.7%13.2%
$763.00Sep 2Sep 3$1.1315.5%13.5%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$761.00Sep 2Sep 3$1.0516.2%13.6%
$762.00Sep 2Sep 3$1.0715.7%13.2%
$763.00Sep 2Sep 3$1.0315.5%13.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 857 found (cheapest 0.34% of stock, avg 3.73%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$762.00Sep 2$1.42$1.19$2.61$759.39$764.610.34%
$763.00Sep 2$0.92$1.69$2.61$760.39$765.610.34%
$761.00Sep 2$2.04$0.81$2.85$758.15$763.850.37%
$764.00Sep 2$0.56$2.33$2.89$761.11$766.890.38%
$760.00Sep 2$2.78$0.55$3.33$756.67$763.330.44%
$765.00Sep 2$0.32$3.09$3.41$761.59$768.410.45%
$759.00Sep 2$3.60$0.37$3.97$755.03$762.970.52%
$766.00Sep 2$0.18$3.95$4.13$761.87$770.130.54%
$758.00Sep 2$4.47$0.25$4.72$753.28$762.720.62%
$762.00Sep 3$2.58$2.26$4.84$757.16$766.840.63%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 385 found (cheapest 0.05% of stock, avg 1.47%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$767.00$758.00Sep 2$0.11$0.25$0.36$757.64$767.36
$766.00$758.00Sep 2$0.18$0.25$0.43$757.57$766.43
$767.00$759.00Sep 2$0.11$0.37$0.48$758.52$767.48
$765.00$758.00Sep 2$0.32$0.25$0.57$757.43$765.57
$766.00$759.00Sep 2$0.18$0.37$0.55$758.45$766.55
$765.00$759.00Sep 2$0.32$0.37$0.69$758.31$765.69
$767.00$760.00Sep 2$0.11$0.55$0.66$759.34$767.66
$766.00$760.00Sep 2$0.18$0.55$0.73$759.27$766.73
$765.00$760.00Sep 2$0.32$0.55$0.87$759.13$765.87
$764.00$758.00Sep 2$0.56$0.25$0.81$757.19$764.81

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 428 found (best R:R 1.13, avg credit $0.60)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
734/735770/771Sep 18$0.53$0.4751%1.13$734.47$770.53
724/725772/773Oct 2$0.54$0.4649%1.17$724.46$772.54
734/735771/772Sep 18$0.50$0.5053%1.00$734.50$771.50
742/743768/769Sep 11$0.51$0.4952%1.04$742.49$768.51
742/743769/770Sep 11$0.48$0.5254%0.92$742.52$769.48
736/737770/771Sep 18$0.53$0.4749%1.13$736.47$770.53
729/730771/772Sep 25$0.52$0.4850%1.08$729.48$771.52
728/729772/773Sep 30$0.53$0.4749%1.13$728.47$772.53
726/727772/773Oct 2$0.54$0.4648%1.17$726.46$772.54
731/732771/772Sep 25$0.53$0.4749%1.13$731.47$771.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 246 found (best R:R 12.16, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 15$0.38$4.6219%12.16
$750.00$755.00$760.00Sep 14$0.41$4.5920%11.20
$745.00$750.00$755.00Sep 15$0.26$4.7414%18.23
$745.00$750.00$755.00Sep 14$0.30$4.7015%15.67
$760.00$765.00$770.00Sep 14$0.65$4.3526%6.69
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$0.39$4.6119%11.82
$755.00$760.00$765.00Sep 14$0.56$4.4424%7.93
$745.00$750.00$755.00Sep 15$0.29$4.7115%16.24
$750.00$755.00$760.00Sep 16$0.37$4.6317%12.51

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,045 found (best net $-17.18, 1,030 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 2-$17.18$42.82
$625.00$685.001:2Sep 3-$18.04$41.96
$685.00$720.001:2Sep 2-$7.15$27.85
$685.00$718.001:2Sep 3-$11.92$21.08
$765.00$770.001:2Sep 14-$0.59$4.41
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$740.00$730.001:2Sep 16-$0.44$9.56
$720.00$705.001:2Sep 16-$0.18$14.82
$789.00$780.001:2Sep 2-$8.84$0.16
$690.00$660.001:2Sep 9-$0.01$29.99
$690.00$675.001:2Sep 10-$0.05$14.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 321 found (best yield 1.90%, avg 0.46%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$763.00Oct 16$14.520.480.1%1.90%2.00%401.2K
$764.00Oct 16$13.920.480.2%1.83%2.06%141.2K
$765.00Oct 16$13.330.470.4%1.75%2.11%1545.8K
$766.00Oct 16$12.760.450.5%1.67%2.17%25.1K
$767.00Oct 16$12.200.440.6%1.60%2.22%515.5K
$768.00Oct 16$11.650.430.8%1.53%2.28%33.2K
$769.00Oct 16$11.110.420.9%1.46%2.34%41.9K
$770.00Oct 16$10.590.411.0%1.39%2.41%949.8K
$771.00Oct 16$10.080.401.1%1.32%2.47%11.8K
$772.00Oct 16$9.590.391.3%1.26%2.54%221.7K

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 308,889
Total Puts 327,297
Put/Call Ratio 1.06
Net Difference -18,408

Prior's Put/Call Breakdown

Total Calls 351,742
Total Puts 527,520
Put/Call Ratio 1.50
Net Difference -175,778

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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