Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$765.66 +0.51%
9/2 10:35

Option Volume

Detail
Current (09/02 10:35am) 2,448,385
Calls: 1,216,859 (50%)
Puts: 1,231,526 (50%)
Prior (08/31) 2,260,162
Calls: 916,255 (41%)
Puts: 1,343,907 (59%)
Current vs Prior +8.33%
Calls: +32.81% (Calls)
Puts: -8.36% (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 -74.48%
Calls: -73.33%
Puts: -75.52%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 10:35am) $458.64M
Calls: $327.39M (71%)
Puts: $131.25M (29%)
Prior (08/31) $309.38M
Calls: $98.66M (32%)
Puts: $210.72M (68%)
Current vs Prior +48.24%
Calls: +231.83%
Puts: -37.71%
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 -56.26%
Calls: -40.26%
Puts: -73.78%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 10:35am) 1.01
Prior (08/31) 1.47
Current vs Prior -31.00%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg -8.66%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 10:35am) 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% | 0.66%0.39% | 0.88%0.88% | 1.51%1.97% | 3.68%
Prior 0.61% | 0.84%0.61% | 1.07%1.07% | 1.72%2.20% | 3.87%
Current vs Prior -35.32% | -21.43%-35.32% | -18.16%-18.16% | -12.50%-10.49% | -5.06%
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 -25.45% | -12.45%+2.66% | +5.06%+1.49% | -2.52%-19.60% | -6.39%
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 -35.32% | -21.43%-35.32% | -18.16%-18.16% | -12.50%-10.49% | -5.06%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.67% | 0.58%
Calls: 0.62% | 0.75%
Puts: 0.71% | 0.42%
Prior 1.07% | 0.60%
Calls: 1.20% | 0.87%
Puts: 0.94% | 0.34%
Current vs Prior -37.38% | -3.33%
Prior 7-Day Avg 1.59% | 1.27%
Calls: 1.39% | 1.15%
Puts: 1.79% | 1.39%
Current vs 7-Day Avg -57.79% | -54.43%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bullish flow with 71% call dollar volume ($327.39M). Slightly bearish P/C ratio of 1.01. P/C ratio dropping 31% - 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
10:35BULLISHNEUTRALMIXED
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 2.6%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Oct 1613.2813.31$13.300.2%720.473.2K
$767.00Sep 258.688.70$8.690.2%5010.461.8K
$685.00Sep 280.4880.67$80.580.2%101.00210
$769.00Oct 1612.7012.73$12.720.2%1710.461.9K
$768.00Oct 911.6711.70$11.680.3%220.46212
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$895.00Sep 2129.32129.57$129.450.2%41.00--
$765.00Sep 187.637.65$7.640.3%1.6K0.5025.3K
$762.00Sep 113.803.81$3.810.3%5680.39920
$768.00Oct 1613.8513.89$13.870.3%430.533.4K
$765.00Sep 309.9710.00$9.990.3%2410.521.6K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 747 found (avg $0.35, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Sep 20.050.06$0.0616.7%8.2K0.047.6K
$770.00Sep 20.090.10$0.1010.0%32.5K0.079.8K
$769.00Sep 20.180.19$0.195.3%52.9K0.137.6K
$768.00Sep 20.350.36$0.362.8%55.6K0.215.3K
$767.00Sep 20.630.64$0.641.6%83.0K0.327.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Sep 20.210.22$0.224.5%81.7K0.126.3K
$760.00Sep 20.150.16$0.166.3%75.5K0.087.8K
$759.00Sep 20.110.12$0.128.3%51.7K0.0610.1K
$762.00Sep 20.300.31$0.313.2%128.4K0.165.0K
$758.00Sep 20.080.09$0.0911.1%38.8K0.055.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,102 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2140.38140.78$140.580.3%21.0022
$685.00Sep 280.4880.67$80.580.2%101.00210
$690.00Sep 275.4675.67$75.570.3%61.00--
$700.00Sep 265.4765.67$65.570.3%41.002
$705.00Sep 260.4560.68$60.570.4%21.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$779.00Sep 413.3013.75$13.533.3%731.0018
$780.00Sep 414.3014.74$14.523.0%81.0015
$781.00Sep 415.3015.74$15.522.8%11.001
$800.00Sep 433.9934.74$34.372.2%--1.0061
$803.00Sep 436.9937.74$37.372.0%11.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,970 active (total vol 2.4M, top 168.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 21.601.61$1.610.6%168.2K0.5712.3K
$764.00Sep 22.282.29$2.290.4%155.7K0.697.1K
$763.00Sep 23.073.09$3.080.6%123.9K0.785.5K
$766.00Sep 21.041.05$1.051.0%100.5K0.457.1K
$767.00Sep 20.630.64$0.641.6%83.0K0.327.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 20.300.31$0.313.2%128.4K0.165.0K
$763.00Sep 20.430.44$0.442.3%100.3K0.232.8K
$761.00Sep 20.210.22$0.224.5%81.7K0.126.3K
$764.00Sep 20.650.66$0.661.5%76.3K0.312.9K
$760.00Sep 20.150.16$0.166.3%75.5K0.087.8K

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 40.3%, max 57.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$762.00Sep 2Oct 1618.6%11.8%57.5%67.5K7.8K
$763.00Sep 2Oct 1617.6%11.7%50.8%124.3K6.6K
$764.00Sep 2Oct 1616.8%11.6%45.7%155.7K8.3K
$765.00Sep 2Oct 1616.2%11.4%41.3%168.5K18.0K
$766.00Sep 2Oct 1615.8%11.3%39.7%100.6K12.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$762.00Sep 2Oct 1618.6%11.8%57.5%128.5K6.2K
$763.00Sep 2Oct 1617.6%11.7%50.8%100.8K4.3K
$764.00Sep 2Oct 1616.8%11.6%45.7%76.4K4.0K
$765.00Sep 2Oct 1616.2%11.4%41.3%59.5K14.2K
$766.00Sep 2Oct 1615.8%11.3%39.7%12.8K11.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 786 found (best R:R 1.30, avg 4.66)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$729.00$731.00Oct 2$0.87$1.13$0.8786%1.30$729.87
$742.00$743.00Sep 10$0.15$0.85$0.1592%5.67$742.15
$716.00$718.00Oct 16$1.00$1.00$1.0087%1.00$717.00
$712.00$714.00Oct 16$1.09$0.91$1.0989%0.83$713.09
$737.00$738.00Oct 16$0.18$0.82$0.1877%4.56$737.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$782.00$781.00Sep 18$0.22$0.78$0.2284%3.55$781.78
$785.00$775.00Oct 9$6.57$3.43$6.5775%0.52$778.43
$778.00$777.00Sep 10$0.34$0.66$0.3488%1.94$777.66
$790.00$788.00Sep 25$1.29$0.71$1.2989%0.55$788.71
$770.00$765.00Sep 14$2.24$2.76$2.2461%1.23$767.76

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 595 found (best R:R 0.70, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 15$2.06$2.06$2.9460%0.70$772.06
$770.00$775.00Sep 16$2.16$2.16$2.8459%0.76$772.16
$770.00$775.00Sep 14$1.98$1.98$3.0261%0.66$771.98
$775.00$780.00Sep 16$1.43$1.43$3.5771%0.40$776.43
$775.00$780.00Sep 15$1.27$1.27$3.7373%0.34$776.27
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$759.00$758.00Sep 3$0.11$0.11$0.8984%0.12$758.89
$764.00$763.00Sep 2$0.22$0.22$0.7869%0.28$763.78
$761.00$760.00Sep 3$0.17$0.17$0.8377%0.20$760.83
$760.00$759.00Sep 4$0.19$0.19$0.8176%0.23$759.81
$757.00$756.00Sep 4$0.11$0.11$0.8984%0.12$756.89

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.99, cheapest $0.93)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 2Sep 3$1.0216.8%13.0%
$765.00Sep 2Sep 3$1.0616.2%12.7%
$767.00Sep 2Sep 3$0.9815.5%12.6%
$766.00Sep 2Sep 3$1.0615.8%12.9%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 2Sep 3$0.9316.8%13.0%
$765.00Sep 2Sep 3$0.9916.2%12.7%
$767.00Sep 2Sep 3$0.9015.5%12.6%
$766.00Sep 2Sep 3$1.0015.8%12.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 936 found (cheapest 0.32% of stock, avg 3.84%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$766.00Sep 2$1.05$1.40$2.45$763.55$768.450.32%
$765.00Sep 2$1.61$0.97$2.58$762.42$767.580.34%
$767.00Sep 2$0.64$2.00$2.64$764.36$769.640.34%
$764.00Sep 2$2.29$0.66$2.95$761.05$766.950.39%
$768.00Sep 2$0.36$2.72$3.08$764.92$771.080.40%
$763.00Sep 2$3.08$0.44$3.52$759.48$766.520.46%
$769.00Sep 2$0.19$3.55$3.74$765.26$772.740.49%
$762.00Sep 2$3.94$0.31$4.25$757.75$766.250.56%
$766.00Sep 3$2.11$2.40$4.51$761.49$770.510.59%
$767.00Sep 3$1.62$2.90$4.52$762.48$771.520.59%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 390 found (cheapest 0.04% of stock, avg 1.40%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$770.00$761.00Sep 2$0.10$0.22$0.32$760.68$770.32
$769.00$761.00Sep 2$0.19$0.22$0.41$760.59$769.41
$770.00$762.00Sep 2$0.10$0.31$0.41$761.59$770.41
$769.00$762.00Sep 2$0.19$0.31$0.50$761.50$769.50
$770.00$763.00Sep 2$0.10$0.44$0.54$762.46$770.54
$768.00$761.00Sep 2$0.36$0.22$0.58$760.42$768.58
$769.00$763.00Sep 2$0.19$0.44$0.63$762.37$769.63
$768.00$762.00Sep 2$0.36$0.31$0.67$761.33$768.67
$768.00$763.00Sep 2$0.36$0.44$0.80$762.20$768.80
$770.00$764.00Sep 2$0.10$0.66$0.76$763.24$770.76

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 405 found (best R:R 1.08, avg credit $0.56)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
739/740773/774Sep 18$0.52$0.4850%1.08$739.48$773.52
742/743773/774Sep 18$0.54$0.4648%1.17$742.46$773.54
734/735774/775Sep 25$0.52$0.4850%1.08$734.48$774.52
731/732775/776Sep 30$0.52$0.4850%1.08$731.48$775.52
741/742773/774Sep 18$0.53$0.4749%1.13$741.47$773.53
733/734775/776Sep 30$0.53$0.4749%1.13$733.47$775.53
736/737774/775Sep 25$0.53$0.4748%1.13$736.47$774.53
740/741773/774Sep 18$0.52$0.4849%1.08$740.48$773.52
739/740774/775Sep 18$0.49$0.5152%0.96$739.51$774.49
735/736774/775Sep 25$0.52$0.4849%1.08$735.48$774.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 313 found (best R:R 15.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 15$0.30$4.7016%15.67
$755.00$760.00$765.00Sep 14$0.50$4.5022%9.00
$760.00$765.00$770.00Sep 14$0.62$4.3826%7.06
$750.00$755.00$760.00Sep 14$0.34$4.6617%13.71
$755.00$760.00$765.00Sep 15$0.49$4.5121%9.20
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 15$0.46$4.5421%9.87
$750.00$755.00$760.00Sep 15$0.31$4.6916%15.13
$750.00$755.00$760.00Sep 14$0.33$4.6717%14.15
$755.00$760.00$765.00Sep 14$0.50$4.5022%9.00
$755.00$760.00$765.00Sep 16$0.43$4.5720%10.63

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,078 found (best net $-20.58, 1,064 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 2-$20.58$39.42
$620.00$680.001:2Oct 9-$28.66$31.34
$635.00$685.001:2Sep 3-$30.63$19.37
$685.00$718.001:2Sep 3-$14.52$18.48
$725.00$745.001:2Sep 15-$4.45$15.55
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$785.00$775.001:2Sep 15-$2.17$7.83
$720.00$705.001:2Sep 16-$0.16$14.84
$690.00$670.001:2Sep 9-$0.04$19.96
$764.00$763.001:2Sep 2-$0.22$0.78
$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. 316 found (best yield 1.89%, avg 0.45%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$766.00Oct 16$14.470.480.0%1.89%1.93%445.1K
$767.00Oct 16$13.870.470.2%1.81%1.99%2215.5K
$768.00Oct 16$13.280.470.3%1.73%2.04%723.2K
$769.00Oct 16$12.700.460.4%1.66%2.09%1711.9K
$770.00Oct 16$12.130.450.6%1.58%2.15%2199.8K
$771.00Oct 16$11.580.430.7%1.51%2.21%41.8K
$772.00Oct 16$11.050.420.8%1.44%2.27%281.7K
$773.00Oct 16$10.520.411.0%1.37%2.33%5121.4K
$774.00Oct 16$10.020.401.1%1.31%2.40%191.2K
$775.00Oct 16$9.520.391.2%1.24%2.46%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 1,216,859
Total Puts 1,231,526
Put/Call Ratio 1.01
Net Difference -14,667

Prior's Put/Call Breakdown

Total Calls 916,255
Total Puts 1,343,907
Put/Call Ratio 1.47
Net Difference -427,652

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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