Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$765.31 +0.46%
9/2 10:30

Option Volume

Detail
Current (09/02 10:30am) 2,249,349
Calls: 1,133,737 (50%)
Puts: 1,115,612 (50%)
Prior (08/31) 2,153,198
Calls: 873,183 (41%)
Puts: 1,280,015 (59%)
Current vs Prior +4.47%
Calls: +29.84% (Calls)
Puts: -12.84% (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 -76.55%
Calls: -75.15%
Puts: -77.82%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/02 10:30am) $407.42M
Calls: $285.65M (70%)
Puts: $121.77M (30%)
Prior (08/31) $301.47M
Calls: $91.23M (30%)
Puts: $210.23M (70%)
Current vs Prior +35.15%
Calls: +213.11%
Puts: -42.08%
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 -61.15%
Calls: -47.87%
Puts: -75.68%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 10:30am) 0.98
Prior (08/31) 1.47
Current vs Prior -32.87%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg -11.20%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/02 10:30am) 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 0.38% | 0.65%0.38% | 0.87%0.87% | 1.49%1.96% | 3.67%
Prior 0.61% | 0.84%0.61% | 1.07%1.07% | 1.72%2.20% | 3.87%
Current vs Prior -36.79% | -22.94%-36.79% | -18.86%-18.86% | -13.22%-10.93% | -5.22%
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 -27.15% | -14.14%+0.34% | +4.17%+0.62% | -3.33%-19.99% | -6.55%
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 -36.79% | -22.94%-36.79% | -18.86%-18.86% | -13.22%-10.93% | -5.22%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.69% | 0.80%
Calls: 1.47% | 0.82%
Puts: 1.90% | 0.79%
Prior 1.07% | 0.60%
Calls: 1.20% | 0.87%
Puts: 0.94% | 0.34%
Current vs Prior +57.94% | +33.33%
Prior 7-Day Avg 1.59% | 1.27%
Calls: 1.39% | 1.15%
Puts: 1.79% | 1.39%
Current vs 7-Day Avg +6.48% | -37.15%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bullish flow with 70% call dollar volume ($285.65M). P/C ratio dropping 33% - 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 BULLISH
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
10:30BULLISHNEUTRALBULLISH
10:25BULLISHNEUTRALBULLISH
10:20BULLISHNEUTRALBULLISH
10:15BULLISHBULLISHBULLISH
10:10BULLISHNEUTRALBULLISH
10:05BULLISHNEUTRALBULLISH
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 2,360 of results (avg 2.5%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Oct 1613.6613.68$13.670.1%2210.475.5K
$769.00Oct 1612.5012.53$12.520.2%1700.461.9K
$770.00Oct 1611.9411.97$11.960.3%2190.449.8K
$771.00Oct 1611.3911.42$11.410.3%20.431.8K
$772.00Oct 1610.8610.89$10.880.3%280.421.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 187.787.80$7.790.3%3760.5125.3K
$764.00Sep 187.387.40$7.390.3%3050.493.9K
$766.00Sep 3010.5310.56$10.550.3%250.53907
$763.00Sep 187.007.02$7.010.3%1.2K0.473.0K
$765.00Sep 3010.1210.15$10.140.3%1580.521.6K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 746 found (avg $0.35, cheapest $0.08)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 20.070.08$0.0812.5%27.9K0.069.8K
$769.00Sep 20.140.15$0.156.7%48.7K0.107.6K
$768.00Sep 20.270.28$0.283.6%51.7K0.185.3K
$767.00Sep 20.490.50$0.502.0%74.3K0.287.9K
$766.00Sep 20.840.85$0.851.2%86.6K0.417.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$759.00Sep 20.110.12$0.128.3%43.9K0.0610.1K
$761.00Sep 20.220.23$0.234.3%78.9K0.126.3K
$760.00Sep 20.160.17$0.175.9%73.6K0.097.8K
$758.00Sep 20.080.09$0.0911.1%34.7K0.055.0K
$762.00Sep 20.320.33$0.333.0%119.8K0.175.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,100 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2139.95140.58$140.260.4%21.0022
$685.00Sep 280.1680.56$80.360.5%101.00210
$690.00Sep 275.1675.39$75.280.3%61.00--
$700.00Sep 265.1665.37$65.270.3%41.002
$705.00Sep 260.1660.39$60.280.4%21.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$779.00Sep 413.4313.88$13.663.3%721.0018
$780.00Sep 414.4314.87$14.653.0%71.0015
$781.00Sep 415.5915.87$15.731.8%11.001
$800.00Sep 434.3535.10$34.732.2%--1.0061
$803.00Sep 437.3538.10$37.732.0%11.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,946 active (total vol 2.2M, top 157.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 21.351.37$1.361.5%157.0K0.5412.3K
$764.00Sep 21.992.02$2.011.5%152.6K0.667.1K
$763.00Sep 22.742.78$2.761.4%122.2K0.765.5K
$766.00Sep 20.840.85$0.851.2%86.6K0.417.1K
$767.00Sep 20.490.50$0.502.0%74.3K0.287.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 20.320.33$0.333.0%119.8K0.175.0K
$763.00Sep 20.480.49$0.492.0%93.6K0.242.8K
$761.00Sep 20.220.23$0.234.3%78.9K0.126.3K
$760.00Sep 20.160.17$0.175.9%73.6K0.097.8K
$764.00Sep 20.720.73$0.731.4%64.2K0.342.9K

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 35.0%, max 52.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$762.00Sep 2Oct 1617.9%11.8%52.4%65.5K7.8K
$763.00Sep 2Oct 1616.9%11.6%45.2%122.6K6.6K
$764.00Sep 2Oct 1616.0%11.5%38.9%152.6K8.3K
$765.00Sep 2Oct 1615.5%11.4%35.9%157.3K18.0K
$766.00Sep 2Oct 1615.3%11.3%35.3%86.6K12.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$762.00Sep 2Oct 1617.9%11.8%52.4%119.9K6.2K
$763.00Sep 2Oct 1616.9%11.6%45.2%94.1K4.3K
$764.00Sep 2Oct 1616.0%11.5%38.9%64.2K4.0K
$765.00Sep 2Oct 1615.5%11.4%35.9%42.8K14.2K
$766.00Sep 2Oct 1615.3%11.3%35.3%8.4K11.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 778 found (best R:R 2.45, avg 4.72)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$738.00$740.00Sep 25$0.58$1.42$0.5884%2.45$738.58
$739.00$740.00Sep 18$0.24$0.76$0.2486%3.17$739.24
$728.00$729.00Oct 16$0.21$0.79$0.2182%3.76$728.21
$735.00$736.00Sep 18$0.28$0.72$0.2888%2.57$735.28
$731.00$732.00Oct 16$0.22$0.78$0.2281%3.55$731.22
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$785.00$784.00Sep 11$0.25$0.75$0.2595%3.00$784.75
$784.00$782.00Oct 2$0.84$1.16$0.8478%1.38$783.16
$784.00$782.00Sep 30$0.88$1.12$0.8880%1.27$783.12
$783.00$781.00Sep 25$0.91$1.09$0.9181%1.20$782.09
$786.00$785.00Sep 30$0.15$0.85$0.1582%5.67$785.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 596 found (best R:R 0.72, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 16$2.10$2.10$2.9060%0.72$772.10
$770.00$775.00Sep 15$1.98$1.98$3.0261%0.66$771.98
$770.00$775.00Sep 14$1.91$1.91$3.0962%0.62$771.91
$775.00$780.00Sep 16$1.39$1.39$3.6172%0.39$776.39
$775.00$780.00Sep 15$1.22$1.22$3.7874%0.32$776.22
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$760.00$759.00Sep 3$0.16$0.16$0.8480%0.19$759.84
$756.00$755.00Sep 4$0.11$0.11$0.8986%0.12$755.89
$765.00$764.00Sep 2$0.36$0.36$0.6454%0.56$764.64
$763.00$762.00Sep 2$0.16$0.16$0.8476%0.19$762.84
$764.00$763.00Sep 2$0.24$0.24$0.7666%0.32$763.76

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.01, cheapest $0.96)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 2Sep 3$1.0416.0%12.8%
$765.00Sep 2Sep 3$1.0715.5%12.4%
$766.00Sep 2Sep 3$1.0415.3%12.6%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 2Sep 3$0.9616.0%12.8%
$765.00Sep 2Sep 3$0.9915.5%12.4%
$766.00Sep 2Sep 3$0.9615.3%12.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 934 found (cheapest 0.32% of stock, avg 3.84%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$765.00Sep 2$1.36$1.09$2.45$762.55$767.450.32%
$766.00Sep 2$0.85$1.58$2.43$763.57$768.430.32%
$764.00Sep 2$2.01$0.73$2.74$761.26$766.740.36%
$767.00Sep 2$0.50$2.22$2.72$764.28$769.720.36%
$763.00Sep 2$2.76$0.49$3.25$759.75$766.250.42%
$768.00Sep 2$0.28$3.00$3.28$764.72$771.280.43%
$762.00Sep 2$3.61$0.33$3.94$758.06$765.940.51%
$769.00Sep 2$0.15$3.87$4.02$764.98$773.020.53%
$766.00Sep 3$1.89$2.54$4.43$761.57$770.430.58%
$765.00Sep 3$2.43$2.08$4.51$760.49$769.510.59%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 390 found (cheapest 0.04% of stock, avg 1.39%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$770.00$761.00Sep 2$0.08$0.23$0.31$760.69$770.31
$769.00$761.00Sep 2$0.15$0.23$0.38$760.62$769.38
$770.00$762.00Sep 2$0.08$0.33$0.41$761.59$770.41
$769.00$762.00Sep 2$0.15$0.33$0.48$761.52$769.48
$768.00$761.00Sep 2$0.28$0.23$0.51$760.49$768.51
$768.00$762.00Sep 2$0.28$0.33$0.61$761.39$768.61
$770.00$763.00Sep 2$0.08$0.49$0.57$762.43$770.57
$769.00$763.00Sep 2$0.15$0.49$0.64$762.36$769.64
$768.00$763.00Sep 2$0.28$0.49$0.77$762.23$768.77
$767.00$761.00Sep 2$0.50$0.23$0.73$760.27$767.73

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 424 found (best R:R 1.17, avg credit $0.56)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
732/733774/775Sep 30$0.54$0.4648%1.17$732.46$774.54
731/732775/776Oct 2$0.54$0.4648%1.17$731.46$775.54
733/734775/776Oct 2$0.55$0.4547%1.22$733.45$775.55
732/733775/776Sep 30$0.52$0.4850%1.08$732.48$775.52
735/736775/776Sep 25$0.50$0.5051%1.00$735.50$775.50
735/736774/775Sep 30$0.55$0.4546%1.22$735.45$774.55
740/741775/776Sep 18$0.47$0.5354%0.89$740.53$775.47
740/741774/775Sep 18$0.49$0.5152%0.96$740.51$774.49
734/735775/776Sep 25$0.49$0.5152%0.96$734.51$775.49
737/738775/776Sep 25$0.51$0.4950%1.04$737.49$775.51

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 257 found (best R:R 10.63, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.43$4.5723%10.63
$755.00$760.00$765.00Sep 15$0.41$4.5922%11.20
$750.00$755.00$760.00Sep 15$0.33$4.6716%14.15
$750.00$755.00$760.00Sep 14$0.36$4.6417%12.89
$745.00$750.00$755.00Sep 15$0.22$4.7812%21.73
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.50$4.5023%9.00
$755.00$760.00$765.00Sep 15$0.47$4.5322%9.64
$750.00$755.00$760.00Sep 14$0.34$4.6617%13.71
$750.00$755.00$760.00Sep 15$0.34$4.6616%13.71
$750.00$755.00$760.00Sep 16$0.32$4.6816%14.62

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,081 found (best net $-20.46, 1,066 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 2-$20.46$39.54
$620.00$680.001:2Oct 9-$28.63$31.37
$635.00$685.001:2Sep 3-$30.36$19.64
$685.00$718.001:2Sep 3-$14.37$18.63
$725.00$745.001:2Sep 15-$3.98$16.02
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$720.00$705.001:2Sep 16-$0.15$14.85
$690.00$670.001:2Sep 9-$0.02$19.98
$690.00$675.001:2Sep 10-$0.05$14.95
$670.00$650.001:2Sep 10-$0.04$19.96
$764.00$763.001:2Sep 2-$0.25$0.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 312 found (best yield 1.86%, avg 0.44%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$766.00Oct 16$14.250.480.1%1.86%1.95%445.1K
$767.00Oct 16$13.660.470.2%1.78%2.01%2215.5K
$768.00Oct 16$13.070.470.3%1.71%2.06%723.2K
$769.00Oct 16$12.500.460.5%1.63%2.12%1701.9K
$770.00Oct 16$11.940.440.6%1.56%2.17%2199.8K
$771.00Oct 16$11.390.430.7%1.49%2.23%21.8K
$772.00Oct 16$10.860.420.9%1.42%2.29%281.7K
$773.00Oct 16$10.340.411.0%1.35%2.36%5121.4K
$774.00Oct 16$9.840.401.1%1.29%2.42%191.2K
$775.00Oct 16$9.350.391.3%1.22%2.49%24814.8K

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 1,133,737
Total Puts 1,115,612
Put/Call Ratio 0.98
Net Difference 18,125

Prior's Put/Call Breakdown

Total Calls 873,183
Total Puts 1,280,015
Put/Call Ratio 1.47
Net Difference -406,832

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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