Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$762.95 +0.15%
9/2 10:00

Option Volume

Detail
Current (09/02 10:00am) 886,548
Calls: 435,896 (49%)
Puts: 450,652 (51%)
Prior (08/31) 1,164,392
Calls: 471,882 (41%)
Puts: 692,510 (59%)
Current vs Prior -23.86%
Calls: -7.63% (Calls)
Puts: -34.92% (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 -90.76%
Calls: -90.45%
Puts: -91.04%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 10:00am) $136.25M
Calls: $83.81M (62%)
Puts: $52.44M (38%)
Prior (08/31) $156.27M
Calls: $59.69M (38%)
Puts: $96.58M (62%)
Current vs Prior -12.82%
Calls: +40.41%
Puts: -45.71%
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 -87.01%
Calls: -84.71%
Puts: -89.53%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 10:00am) 1.03
Prior (08/31) 1.47
Current vs Prior -29.55%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg -6.69%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 10:00am) 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 0.39% | 0.68%0.39% | 0.91%0.91% | 1.56%2.07% | 3.76%
Prior 0.61% | 0.84%0.61% | 1.07%1.07% | 1.72%2.20% | 3.87%
Current vs Prior -36.17% | -19.75%-36.16% | -15.19%-15.19% | -9.30%-5.58% | -2.96%
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 -26.43% | -10.58%+1.33% | +8.88%+5.18% | +1.04%-15.19% | -4.32%
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 -36.17% | -19.75%-36.16% | -15.19%-15.19% | -9.30%-5.58% | -2.96%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.98% | 0.96%
Calls: 1.14% | 1.04%
Puts: 0.83% | 0.88%
Prior 1.07% | 0.60%
Calls: 1.20% | 0.87%
Puts: 0.94% | 0.34%
Current vs Prior -8.41% | +60.00%
Prior 7-Day Avg 1.59% | 1.27%
Calls: 1.39% | 1.15%
Puts: 1.79% | 1.39%
Current vs 7-Day Avg -38.25% | -24.58%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bullish flow with 62% call dollar volume ($83.81M). Slightly bearish P/C ratio of 1.03. P/C ratio dropping 30% - 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
10:00BULLISHNEUTRALMIXED
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 2,206 of results (avg 2.8%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Oct 913.2513.27$13.260.2%20.481.2K
$767.00Oct 1612.5012.53$12.520.2%1820.455.5K
$769.00Oct 1611.4011.43$11.420.3%240.431.9K
$766.00Sep 103.643.65$3.650.3%310.41367
$764.00Oct 210.9010.93$10.920.3%1000.47579
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Sep 187.357.36$7.360.1%1690.482.2K
$758.00Sep 186.316.32$6.320.2%1520.427.8K
$753.00Oct 169.799.81$9.800.2%50.392.9K
$762.00Sep 187.727.74$7.730.3%4340.502.4K
$763.00Sep 3010.4910.52$10.510.3%400.531.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 713 found (avg $0.36, cheapest $0.07)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 20.060.07$0.0714.3%11.8K0.055.3K
$767.00Sep 20.110.12$0.128.3%31.0K0.097.9K
$766.00Sep 20.210.22$0.224.5%16.8K0.147.1K
$765.00Sep 20.390.40$0.402.5%34.2K0.2312.3K
$764.00Sep 20.700.71$0.711.4%56.0K0.357.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$759.00Sep 20.220.23$0.234.3%19.0K0.1310.1K
$757.00Sep 20.100.11$0.119.1%23.0K0.064.8K
$758.00Sep 20.150.16$0.166.3%21.4K0.095.0K
$756.00Sep 20.070.08$0.0812.5%18.6K0.044.7K
$755.00Sep 20.050.06$0.0616.7%33.2K0.037.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,040 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2137.76139.57$138.671.3%--1.0022
$685.00Sep 277.7679.62$78.692.4%101.00210
$700.00Sep 262.7664.37$63.572.5%21.002
$718.00Sep 244.7646.62$45.694.1%71.003
$719.00Sep 243.7645.61$44.694.1%71.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$776.00Sep 412.9513.23$13.092.1%--1.0060
$777.00Sep 413.9314.25$14.092.3%321.00104
$779.00Sep 414.8616.24$15.558.9%501.0018
$780.00Sep 415.8617.24$16.558.3%11.0015
$800.00Sep 435.3537.24$36.305.2%--1.0061

Most actively traded options today. High liquidity = easy entry/exit. 1,607 active (total vol 885.8K, top 71.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 21.151.16$1.150.9%71.6K0.495.5K
$764.00Sep 20.700.71$0.711.4%56.0K0.357.1K
$762.00Sep 21.741.76$1.751.1%44.7K0.627.3K
$765.00Sep 20.390.40$0.402.5%34.2K0.2312.3K
$767.00Sep 20.110.12$0.128.3%31.0K0.097.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 20.810.82$0.821.2%56.6K0.385.0K
$761.00Sep 20.530.54$0.541.9%45.0K0.276.3K
$760.00Sep 20.340.35$0.352.9%40.6K0.197.8K
$755.00Sep 20.050.06$0.0616.7%33.2K0.037.5K
$757.00Sep 20.100.11$0.119.1%23.0K0.064.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 29.7%, max 37.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$760.00Sep 2Oct 1616.4%12.0%37.2%6.8K11.7K
$761.00Sep 2Oct 1615.6%11.8%31.5%11.0K5.1K
$762.00Sep 2Oct 1615.0%11.7%28.4%44.8K7.8K
$763.00Sep 2Oct 1614.6%11.6%26.1%71.6K6.6K
$764.00Sep 2Oct 1614.3%11.5%25.1%56.0K8.3K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$760.00Sep 2Oct 1616.4%12.0%37.2%40.7K14.0K
$761.00Sep 2Oct 1615.6%11.8%31.5%45.0K7.3K
$762.00Sep 2Oct 1615.0%11.7%28.4%56.6K6.2K
$763.00Sep 2Oct 1614.7%11.6%26.6%20.1K4.3K
$764.00Sep 2Oct 1614.3%11.5%25.1%4.7K4.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 822 found (best R:R 3.44, avg 4.77)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$712.00$714.00Oct 16$0.45$1.55$0.4587%3.44$712.45
$721.00$724.00Oct 2$1.38$1.62$1.3888%1.17$722.38
$741.00$742.00Sep 11$0.14$0.86$0.1489%6.14$741.14
$705.00$706.00Oct 16$0.15$0.85$0.1590%5.67$705.15
$644.00$645.00Sep 18$0.27$0.73$0.27100%2.70$644.27
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$786.00$785.00Sep 25$0.24$0.76$0.2488%3.17$785.76
$785.00$784.00Sep 18$0.28$0.72$0.2891%2.57$784.72
$784.00$782.00Sep 30$1.07$0.93$1.0783%0.87$782.93
$772.00$771.00Sep 4$0.37$0.63$0.3791%1.70$771.63
$779.00$778.00Sep 18$0.30$0.70$0.3082%2.33$778.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 617 found (best R:R 0.95, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$770.00Sep 15$2.44$2.44$2.5654%0.95$767.44
$765.00$770.00Sep 14$2.40$2.40$2.6055%0.92$767.40
$765.00$770.00Sep 16$2.51$2.51$2.4954%1.01$767.51
$770.00$775.00Sep 15$1.68$1.68$3.3267%0.51$771.68
$770.00$775.00Sep 14$1.59$1.59$3.4168%0.47$771.59
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$761.00$760.00Sep 2$0.19$0.19$0.8173%0.23$760.81
$760.00$759.00Sep 2$0.12$0.12$0.8881%0.14$759.88
$757.00$756.00Sep 3$0.13$0.13$0.8782%0.15$756.87
$756.00$755.00Sep 3$0.10$0.10$0.9085%0.11$755.90
$762.00$761.00Sep 2$0.28$0.28$0.7262%0.39$761.72

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.08, cheapest $1.04)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$762.00Sep 2Sep 3$1.1415.0%12.8%
$763.00Sep 2Sep 3$1.1514.6%12.5%
$764.00Sep 2Sep 3$1.0814.3%12.7%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$762.00Sep 2Sep 3$1.0415.0%12.8%
$763.00Sep 2Sep 3$1.0614.7%12.5%
$764.00Sep 2Sep 3$0.9914.3%12.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 883 found (cheapest 0.31% of stock, avg 3.75%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$763.00Sep 2$1.15$1.21$2.36$760.64$765.360.31%
$764.00Sep 2$0.71$1.77$2.48$761.52$766.480.33%
$762.00Sep 2$1.75$0.82$2.57$759.43$764.570.34%
$765.00Sep 2$0.40$2.47$2.87$762.13$767.870.38%
$761.00Sep 2$2.47$0.54$3.01$757.99$764.010.39%
$766.00Sep 2$0.22$3.28$3.50$762.50$769.500.46%
$760.00Sep 2$3.29$0.35$3.64$756.36$763.640.48%
$767.00Sep 2$0.12$4.19$4.31$762.69$771.310.56%
$759.00Sep 2$4.17$0.23$4.40$754.60$763.400.58%
$763.00Sep 3$2.30$2.27$4.57$758.43$767.570.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 395 found (cheapest 0.04% of stock, avg 1.43%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$767.00$758.00Sep 2$0.12$0.16$0.28$757.72$767.28
$767.00$759.00Sep 2$0.12$0.23$0.35$758.65$767.35
$766.00$758.00Sep 2$0.22$0.16$0.38$757.62$766.38
$766.00$759.00Sep 2$0.22$0.23$0.45$758.55$766.45
$767.00$760.00Sep 2$0.12$0.35$0.47$759.53$767.47
$766.00$760.00Sep 2$0.22$0.35$0.57$759.43$766.57
$765.00$758.00Sep 2$0.40$0.16$0.56$757.44$765.56
$765.00$759.00Sep 2$0.40$0.23$0.63$758.37$765.63
$765.00$760.00Sep 2$0.40$0.35$0.75$759.25$765.75
$767.00$761.00Sep 2$0.12$0.54$0.66$760.34$767.66

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 411 found (best R:R 1.13, avg credit $0.64)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
730/731771/772Sep 25$0.53$0.4749%1.13$730.47$771.53
737/738770/771Sep 18$0.54$0.4648%1.17$737.46$770.54
730/731772/773Sep 25$0.51$0.4951%1.04$730.49$772.51
740/741770/771Sep 18$0.56$0.4446%1.27$740.44$770.56
734/735771/772Sep 25$0.55$0.4547%1.22$734.45$771.55
728/729772/773Sep 30$0.53$0.4749%1.13$728.47$772.53
730/731772/773Sep 30$0.54$0.4648%1.17$730.46$772.54
739/740770/771Sep 18$0.55$0.4547%1.22$739.45$770.55
734/735772/773Sep 25$0.53$0.4748%1.13$734.47$772.53
732/733772/773Sep 30$0.55$0.4546%1.22$732.45$772.55

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 257 found (best R:R 20.74, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 15$0.23$4.7718%20.74
$750.00$755.00$760.00Sep 14$0.39$4.6119%11.82
$745.00$750.00$755.00Sep 14$0.27$4.7314%17.52
$755.00$760.00$765.00Sep 15$0.52$4.4822%8.62
$735.00$740.00$745.00Oct 9$0.11$4.898%44.45
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 14$0.38$4.6219%12.16
$750.00$755.00$760.00Sep 15$0.38$4.6218%12.16
$745.00$750.00$755.00Sep 16$0.25$4.7514%19.00
$745.00$750.00$755.00Sep 15$0.28$4.7214%16.86
$745.00$750.00$755.00Sep 14$0.30$4.7014%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. 1,048 found (best net $-18.70, 1,033 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 3-$18.70$41.30
$625.00$685.001:2Sep 2-$18.71$41.29
$685.00$718.001:2Sep 3-$12.88$20.12
$765.00$770.001:2Sep 14-$0.63$4.37
$770.00$775.001:2Sep 15-$0.02$4.98
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$720.00$705.001:2Sep 16-$0.18$14.82
$690.00$660.001:2Sep 9-$0.01$29.99
$761.00$760.001:2Sep 2-$0.16$0.84
$762.00$761.001:2Sep 2-$0.26$0.74
$670.00$650.001:2Sep 10-$0.03$19.97

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 324 found (best yield 1.95%, avg 0.47%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$763.00Oct 16$14.860.490.0%1.95%1.95%681.2K
$764.00Oct 16$14.260.470.1%1.87%2.01%141.2K
$765.00Oct 16$13.660.470.3%1.79%2.06%1655.8K
$766.00Oct 16$13.070.460.4%1.71%2.11%55.1K
$767.00Oct 16$12.500.450.5%1.64%2.17%1825.5K
$768.00Oct 16$11.940.440.7%1.56%2.23%33.2K
$769.00Oct 16$11.400.430.8%1.49%2.29%241.9K
$770.00Oct 16$10.870.420.9%1.42%2.35%1219.8K
$771.00Oct 16$10.350.411.1%1.36%2.41%11.8K
$772.00Oct 16$9.850.391.2%1.29%2.48%241.7K

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 435,896
Total Puts 450,652
Put/Call Ratio 1.03
Net Difference -14,756

Prior's Put/Call Breakdown

Total Calls 471,882
Total Puts 692,510
Put/Call Ratio 1.47
Net Difference -220,628

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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