Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$762.43 +0.08%
9/2 09:55

Option Volume

Detail
Current (09/02 9:55am) 752,270
Calls: 366,527 (49%)
Puts: 385,743 (51%)
Prior (08/31) 1,021,482
Calls: 420,532 (41%)
Puts: 600,950 (59%)
Current vs Prior -26.36%
Calls: -12.84% (Calls)
Puts: -35.81% (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 -92.16%
Calls: -91.97%
Puts: -92.33%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 9:55am) $112.64M
Calls: $63.11M (56%)
Puts: $49.53M (44%)
Prior (08/31) $133.20M
Calls: $57.58M (43%)
Puts: $75.63M (57%)
Current vs Prior -15.44%
Calls: +9.61%
Puts: -34.50%
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 -89.26%
Calls: -88.48%
Puts: -90.11%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 9:55am) 1.05
Prior (08/31) 1.43
Current vs Prior -26.35%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg -5.03%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 9:55am) 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 0.40% | 0.68%0.40% | 0.91%0.91% | 1.57%2.08% | 3.76%
Prior 0.61% | 0.84%0.61% | 1.07%1.07% | 1.72%2.20% | 3.87%
Current vs Prior -34.83% | -19.23%-34.83% | -14.88%-14.88% | -8.77%-5.22% | -3.03%
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 -24.89% | -10.00%+3.45% | +9.28%+5.56% | +1.62%-14.86% | -4.39%
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 -34.83% | -19.23%-34.83% | -14.88%-14.88% | -8.77%-5.22% | -3.03%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.33% | 1.16%
Calls: 1.36% | 1.15%
Puts: 1.29% | 1.17%
Prior 1.07% | 0.60%
Calls: 1.20% | 0.87%
Puts: 0.94% | 0.34%
Current vs Prior +24.30% | +93.33%
Prior 7-Day Avg 1.59% | 1.27%
Calls: 1.39% | 1.15%
Puts: 1.79% | 1.39%
Current vs 7-Day Avg -16.20% | -8.87%
Liquidity Good
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.05. P/C ratio dropping 26% - 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
09:55BULLISHNEUTRALMIXED
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 2,253 of results (avg 2.6%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2137.27137.53$137.400.2%--1.0022
$763.00Oct 912.9713.00$12.990.2%10.481.2K
$768.00Oct 28.448.46$8.450.2%250.41480
$764.00Oct 912.3712.40$12.390.2%710.4749
$767.00Oct 1612.2412.27$12.260.2%560.455.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$757.00Sep 186.236.24$6.240.2%2440.418.9K
$760.00Sep 187.247.26$7.250.3%3020.4769.0K
$763.00Oct 1613.3913.43$13.410.3%4080.521.5K
$761.00Sep 309.9810.01$10.000.3%710.5021.2K
$761.00Oct 1612.6112.65$12.630.3%270.49952

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 715 found (avg $0.37, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Sep 20.100.11$0.119.1%25.6K0.077.9K
$768.00Sep 20.060.07$0.0714.3%6.5K0.055.3K
$766.00Sep 20.180.19$0.195.3%14.6K0.127.1K
$765.00Sep 20.320.33$0.333.0%30.0K0.1912.3K
$764.00Sep 20.570.58$0.571.8%49.4K0.307.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$757.00Sep 20.140.15$0.156.7%22.0K0.084.8K
$756.00Sep 20.100.11$0.119.1%15.6K0.064.7K
$755.00Sep 20.070.08$0.0812.5%28.6K0.047.5K
$758.00Sep 20.210.22$0.224.5%20.4K0.125.0K
$759.00Sep 20.310.32$0.323.1%16.5K0.1710.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,031 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2137.27137.53$137.400.2%--1.0022
$685.00Sep 277.3077.53$77.410.3%101.00210
$718.00Sep 244.3244.54$44.430.5%71.003
$719.00Sep 243.3243.54$43.430.5%71.00--
$720.00Sep 242.3242.54$42.430.5%71.0012
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$776.00Sep 413.4613.74$13.602.1%--1.0060
$777.00Sep 414.4514.73$14.591.9%321.00104
$779.00Sep 415.7516.67$16.215.7%401.0018
$780.00Sep 416.3817.72$17.057.9%11.0015
$800.00Sep 435.8937.74$36.825.0%--1.0061

Most actively traded options today. High liquidity = easy entry/exit. 1,528 active (total vol 751.6K, top 58.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 20.950.96$0.961.0%58.4K0.425.5K
$764.00Sep 20.570.58$0.571.8%49.4K0.307.1K
$762.00Sep 21.461.48$1.471.4%37.8K0.557.3K
$765.00Sep 20.320.33$0.333.0%30.0K0.1912.3K
$767.00Sep 20.100.11$0.119.1%25.6K0.077.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 21.061.07$1.070.9%44.7K0.455.0K
$761.00Sep 20.710.72$0.721.4%38.8K0.346.3K
$760.00Sep 20.470.48$0.482.1%34.7K0.247.8K
$755.00Sep 20.070.08$0.0812.5%28.6K0.047.5K
$757.00Sep 20.140.15$0.156.7%22.0K0.084.8K

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 29.5%, max 42.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$759.00Sep 2Oct 1617.2%12.1%42.2%2.2K2.8K
$760.00Sep 2Oct 1616.4%12.0%37.3%6.1K11.7K
$761.00Sep 2Oct 1615.9%11.8%34.3%9.4K5.1K
$762.00Sep 2Oct 1615.3%11.7%30.9%37.9K7.8K
$763.00Sep 2Oct 1615.1%11.6%30.5%58.5K6.6K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$759.00Sep 2Oct 1617.2%12.1%42.2%16.5K10.8K
$760.00Sep 2Oct 1616.4%12.0%37.3%34.8K14.0K
$761.00Sep 2Oct 1615.9%11.8%34.3%38.9K7.3K
$762.00Sep 2Oct 1615.3%11.7%30.9%44.7K6.2K
$763.00Sep 2Oct 1615.1%11.6%30.5%15.1K4.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 832 found (best R:R 6.69, avg 4.56)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$700.00$701.00Sep 4$0.25$0.75$0.25100%3.00$700.25
$700.00$701.00Oct 16$0.16$0.84$0.1691%5.25$700.16
$725.00$726.00Sep 4$0.26$0.74$0.2699%2.85$725.26
$705.00$706.00Oct 16$0.17$0.83$0.1789%4.88$705.17
$733.00$734.00Sep 4$0.29$0.71$0.2998%2.45$733.29
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$785.00$784.00Sep 18$0.13$0.87$0.1391%6.69$784.87
$780.00$779.00Sep 25$0.20$0.80$0.2080%4.00$779.80
$776.00$775.00Sep 18$0.18$0.82$0.1878%4.56$775.82
$778.00$777.00Sep 18$0.22$0.78$0.2282%3.55$777.78
$779.00$778.00Sep 30$0.18$0.82$0.1877%4.56$778.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 619 found (best R:R 0.91, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$770.00Sep 15$2.38$2.38$2.6256%0.91$767.38
$765.00$770.00Sep 16$2.44$2.44$2.5655%0.95$767.44
$765.00$770.00Sep 14$2.32$2.32$2.6856%0.87$767.32
$770.00$775.00Sep 14$1.53$1.53$3.4769%0.44$771.53
$770.00$775.00Sep 15$1.61$1.61$3.3968%0.47$771.61
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$760.00$759.00Sep 2$0.16$0.16$0.8476%0.19$759.84
$753.00$752.00Sep 4$0.11$0.11$0.8985%0.12$752.89
$761.00$760.00Sep 2$0.24$0.24$0.7666%0.32$760.76
$759.00$758.00Sep 2$0.10$0.10$0.9083%0.11$758.90
$756.00$755.00Sep 3$0.12$0.12$0.8883%0.14$755.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.08, cheapest $1.02)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$761.00Sep 2Sep 3$1.1215.9%13.2%
$762.00Sep 2Sep 3$1.1515.3%12.9%
$763.00Sep 2Sep 3$1.1115.1%13.2%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$761.00Sep 2Sep 3$1.0215.9%13.2%
$762.00Sep 2Sep 3$1.0515.3%12.9%
$763.00Sep 2Sep 3$1.0215.1%13.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 869 found (cheapest 0.33% of stock, avg 3.73%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$762.00Sep 2$1.47$1.07$2.54$759.46$764.540.33%
$763.00Sep 2$0.96$1.55$2.51$760.49$765.510.33%
$764.00Sep 2$0.57$2.17$2.74$761.26$766.740.36%
$761.00Sep 2$2.12$0.72$2.84$758.16$763.840.37%
$765.00Sep 2$0.33$2.93$3.26$761.74$768.260.43%
$760.00Sep 2$2.88$0.48$3.36$756.64$763.360.44%
$766.00Sep 2$0.19$3.79$3.98$762.02$769.980.52%
$759.00Sep 2$3.72$0.32$4.04$754.96$763.040.53%
$763.00Sep 3$2.07$2.57$4.64$758.36$767.640.61%
$764.00Sep 3$1.59$3.09$4.68$759.32$768.680.61%

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$0.11$0.22$0.33$757.67$767.33
$766.00$758.00Sep 2$0.19$0.22$0.41$757.59$766.41
$767.00$759.00Sep 2$0.11$0.32$0.43$758.57$767.43
$766.00$759.00Sep 2$0.19$0.32$0.51$758.49$766.51
$765.00$758.00Sep 2$0.33$0.22$0.55$757.45$765.55
$765.00$759.00Sep 2$0.33$0.32$0.65$758.35$765.65
$767.00$760.00Sep 2$0.11$0.48$0.59$759.41$767.59
$766.00$760.00Sep 2$0.19$0.48$0.67$759.33$766.67
$765.00$760.00Sep 2$0.33$0.48$0.81$759.19$765.81
$764.00$758.00Sep 2$0.57$0.22$0.79$757.21$764.79

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 414 found (best R:R 0.96, avg credit $0.63)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
743/744769/770Sep 11$0.49$0.5154%0.96$743.51$769.49
736/737770/771Sep 18$0.53$0.4749%1.13$736.47$770.53
735/736770/771Sep 18$0.52$0.4850%1.08$735.48$770.52
731/732771/772Sep 25$0.53$0.4749%1.13$731.47$771.53
738/739770/771Sep 18$0.54$0.4648%1.17$738.46$770.54
733/734771/772Sep 25$0.54$0.4648%1.17$733.46$771.54
731/732772/773Sep 25$0.51$0.4951%1.04$731.49$772.51
727/728772/773Sep 30$0.52$0.4850%1.08$727.48$772.52
743/744768/769Sep 11$0.51$0.4951%1.04$743.49$768.51
737/738770/771Sep 18$0.53$0.4749%1.13$737.47$770.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 243 found (best R:R 8.43, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.53$4.4724%8.43
$745.00$750.00$755.00Sep 14$0.27$4.7315%17.52
$755.00$760.00$765.00Sep 15$0.51$4.4923%8.80
$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
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
$750.00$755.00$760.00Sep 16$0.37$4.6318%12.51
$755.00$760.00$765.00Sep 14$0.57$4.4324%7.77
$745.00$750.00$755.00Sep 14$0.30$4.7015%15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,049 found (best net $-17.42, 1,034 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 2-$17.42$42.58
$625.00$685.001:2Sep 3-$18.29$41.71
$685.00$718.001:2Sep 2-$11.45$21.55
$685.00$718.001:2Sep 3-$12.32$20.68
$765.00$770.001:2Sep 14-$0.57$4.43
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$740.00$730.001:2Sep 16-$0.42$9.58
$720.00$705.001:2Sep 16-$0.18$14.82
$690.00$660.001:2Sep 9-$0.01$29.99
$670.00$650.001:2Sep 10-$0.03$19.97
$690.00$675.001:2Sep 10-$0.06$14.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 321 found (best yield 1.91%, avg 0.46%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$763.00Oct 16$14.570.480.1%1.91%1.99%451.2K
$764.00Oct 16$13.970.470.2%1.83%2.04%141.2K
$765.00Oct 16$13.380.470.3%1.75%2.09%1605.8K
$766.00Oct 16$12.800.460.5%1.68%2.15%55.1K
$767.00Oct 16$12.240.450.6%1.61%2.20%565.5K
$768.00Oct 16$11.680.430.7%1.53%2.26%33.2K
$769.00Oct 16$11.150.420.9%1.46%2.32%41.9K
$770.00Oct 16$10.620.411.0%1.39%2.39%1019.8K
$771.00Oct 16$10.110.401.1%1.33%2.45%11.8K
$772.00Oct 16$9.620.391.3%1.26%2.52%231.7K

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 366,527
Total Puts 385,743
Put/Call Ratio 1.05
Net Difference -19,216

Prior's Put/Call Breakdown

Total Calls 420,532
Total Puts 600,950
Put/Call Ratio 1.43
Net Difference -180,418

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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