Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$765.85 +0.53%
9/2 10:40

Option Volume

Detail
Current (09/02 10:40am) 2,624,303
Calls: 1,305,826 (50%)
Puts: 1,318,477 (50%)
Prior (08/31) 2,423,036
Calls: 1,000,876 (41%)
Puts: 1,422,160 (59%)
Current vs Prior +8.31%
Calls: +30.47% (Calls)
Puts: -7.29% (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 -72.65%
Calls: -71.38%
Puts: -73.79%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 10:40am) $491.26M
Calls: $353.41M (72%)
Puts: $137.85M (28%)
Prior (08/31) $313.25M
Calls: $123.74M (40%)
Puts: $189.51M (60%)
Current vs Prior +56.83%
Calls: +185.61%
Puts: -27.26%
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 -53.15%
Calls: -35.51%
Puts: -72.47%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 10:40am) 1.01
Prior (08/31) 1.42
Current vs Prior -28.94%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg -8.88%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 10:40am) 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% | 0.87%0.87% | 1.50%1.96% | 3.68%
Prior 0.61% | 0.84%0.61% | 1.07%1.07% | 1.72%2.20% | 3.87%
Current vs Prior -35.33% | -21.60%-35.34% | -18.67%-18.67% | -12.67%-10.93% | -5.08%
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 -25.47% | -12.64%+2.64% | +4.42%+0.87% | -2.72%-19.99% | -6.41%
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 -35.33% | -21.60%-35.34% | -18.67%-18.67% | -12.67%-10.93% | -5.08%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.68% | 0.98%
Calls: 0.59% | 1.09%
Puts: 0.76% | 0.87%
Prior 1.07% | 0.60%
Calls: 1.20% | 0.87%
Puts: 0.94% | 0.34%
Current vs Prior -36.45% | +63.33%
Prior 7-Day Avg 1.59% | 1.27%
Calls: 1.39% | 1.15%
Puts: 1.79% | 1.39%
Current vs 7-Day Avg -57.16% | -23.01%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bullish flow with 72% call dollar volume ($353.41M). Elevated premium activity with dollar volume up 57% vs prior. Slightly bearish P/C ratio of 1.01. P/C ratio dropping 29% - sentiment shifting bullish.

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
10:40BULLISHNEUTRALMIXED
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 2,377 of results (avg 2.5%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$685.00Sep 280.7180.93$80.820.3%101.00210
$767.00Oct 1613.9513.99$13.970.3%2220.475.5K
$766.00Sep 3010.3610.39$10.380.3%1690.47731
$774.00Oct 1610.0810.11$10.090.3%190.401.2K
$768.00Oct 1613.3513.39$13.370.3%720.473.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$895.00Sep 2129.07129.29$129.180.2%41.00--
$767.00Sep 3010.6910.71$10.700.2%10.541.0K
$766.00Sep 3010.2710.30$10.290.3%310.53907
$765.00Sep 309.879.90$9.890.3%3400.511.6K
$769.00Oct 913.1413.18$13.160.3%10.5516

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 751 found (avg $0.35, cheapest $0.12)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 20.110.12$0.128.3%40.7K0.089.8K
$771.00Sep 20.060.07$0.0714.3%11.3K0.047.6K
$769.00Sep 20.210.22$0.224.5%57.0K0.137.6K
$768.00Sep 20.390.40$0.402.5%63.1K0.225.3K
$767.00Sep 20.680.69$0.691.4%94.9K0.347.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Sep 20.180.19$0.195.3%84.5K0.116.3K
$759.00Sep 20.100.11$0.119.1%52.5K0.0610.1K
$762.00Sep 20.270.28$0.283.6%132.4K0.155.0K
$763.00Sep 20.390.40$0.402.5%107.7K0.212.8K
$760.00Sep 20.140.15$0.156.7%78.1K0.087.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,113 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2140.51141.02$140.760.4%21.0022
$685.00Sep 280.7180.93$80.820.3%101.00210
$690.00Sep 275.6775.93$75.800.3%61.00--
$700.00Sep 265.6565.93$65.790.4%41.002
$705.00Sep 260.6660.93$60.800.4%21.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$779.00Sep 413.0413.50$13.273.5%731.0018
$780.00Sep 414.0514.49$14.273.1%81.0015
$781.00Sep 415.0515.49$15.272.9%11.001
$800.00Sep 433.8134.56$34.192.2%--1.0061
$803.00Sep 436.8137.56$37.192.0%11.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,003 active (total vol 2.6M, top 177.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 21.691.70$1.690.6%177.6K0.6012.3K
$764.00Sep 22.392.42$2.411.2%157.8K0.707.1K
$763.00Sep 23.193.22$3.210.9%125.4K0.795.5K
$766.00Sep 21.121.13$1.130.9%120.2K0.477.1K
$767.00Sep 20.680.69$0.691.4%94.9K0.347.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 20.270.28$0.283.6%132.4K0.155.0K
$763.00Sep 20.390.40$0.402.5%107.7K0.212.8K
$761.00Sep 20.180.19$0.195.3%84.5K0.116.3K
$764.00Sep 20.590.60$0.601.7%83.8K0.302.9K
$765.00Sep 20.890.90$0.901.1%80.4K0.404.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 13 strikes (avg 39.6%, max 60.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Sep 2Oct 1617.9%11.7%53.1%125.8K6.6K
$764.00Sep 2Oct 1617.0%11.6%47.3%157.9K8.3K
$765.00Sep 2Oct 1616.2%11.4%41.6%177.9K18.0K
$766.00Sep 2Oct 1615.9%11.3%40.3%120.2K12.2K
$767.00Sep 2Oct 1615.5%11.2%38.6%95.1K13.5K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$762.00Sep 2Oct 1618.9%11.8%60.0%132.5K6.2K
$763.00Sep 2Oct 1617.9%11.7%53.1%108.2K4.3K
$764.00Sep 2Oct 1617.0%11.6%47.3%83.9K4.0K
$765.00Sep 2Oct 1616.2%11.4%41.6%81.3K14.2K
$766.00Sep 2Oct 1615.9%11.3%40.3%17.2K11.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 774 found (best R:R 4.88, avg 4.81)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$738.00$739.00Sep 18$0.17$0.83$0.1787%4.88$738.17
$740.00$741.00Sep 11$0.24$0.76$0.2492%3.17$740.24
$744.00$745.00Sep 25$0.25$0.75$0.2579%3.00$744.25
$747.00$748.00Oct 16$0.18$0.82$0.1870%4.56$747.18
$723.00$724.00Oct 16$0.34$0.66$0.3485%1.94$723.34
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$789.00$787.00Oct 16$0.86$1.14$0.8677%1.33$788.14
$786.00$785.00Sep 30$0.17$0.83$0.1782%4.88$785.83
$787.00$785.00Oct 2$0.97$1.03$0.9781%1.06$786.03
$788.00$786.00Sep 25$1.10$0.90$1.1087%0.82$786.90
$784.00$783.00Sep 25$0.20$0.80$0.2082%4.00$783.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 593 found (best R:R 0.67, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 14$2.01$2.01$2.9961%0.67$772.01
$770.00$775.00Sep 16$2.18$2.18$2.8259%0.77$772.18
$770.00$775.00Sep 15$2.07$2.07$2.9360%0.71$772.07
$775.00$780.00Sep 15$1.28$1.28$3.7273%0.34$776.28
$775.00$780.00Sep 16$1.44$1.44$3.5671%0.40$776.44
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$760.00$759.00Sep 3$0.13$0.13$0.8782%0.15$759.87
$758.00$757.00Sep 4$0.13$0.13$0.8782%0.15$757.87
$764.00$763.00Sep 2$0.20$0.20$0.8070%0.25$763.80
$765.00$764.00Sep 2$0.30$0.30$0.7060%0.43$764.70
$761.00$760.00Sep 3$0.16$0.16$0.8478%0.19$760.84

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.99, cheapest $0.97)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$765.00Sep 2Sep 3$1.0716.2%12.7%
$766.00Sep 2Sep 3$1.0515.9%12.9%
$767.00Sep 2Sep 3$0.9815.5%12.6%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$765.00Sep 2Sep 3$0.9716.2%12.7%
$766.00Sep 2Sep 3$0.9815.9%12.9%
$767.00Sep 2Sep 3$0.9115.5%12.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 944 found (cheapest 0.32% of stock, avg 3.84%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$766.00Sep 2$1.13$1.32$2.45$763.55$768.450.32%
$765.00Sep 2$1.69$0.90$2.59$762.41$767.590.34%
$767.00Sep 2$0.69$1.88$2.57$764.43$769.570.34%
$764.00Sep 2$2.41$0.60$3.01$760.99$767.010.39%
$768.00Sep 2$0.40$2.59$2.99$765.01$770.990.39%
$763.00Sep 2$3.21$0.40$3.61$759.39$766.610.47%
$769.00Sep 2$0.22$3.40$3.62$765.38$772.620.47%
$762.00Sep 2$4.07$0.28$4.35$757.65$766.350.57%
$770.00Sep 2$0.12$4.31$4.43$765.57$774.430.58%
$766.00Sep 3$2.18$2.30$4.48$761.52$770.480.58%

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$0.12$0.19$0.31$760.69$770.31
$769.00$761.00Sep 2$0.22$0.19$0.41$760.59$769.41
$770.00$762.00Sep 2$0.12$0.28$0.40$761.60$770.40
$769.00$762.00Sep 2$0.22$0.28$0.50$761.50$769.50
$770.00$763.00Sep 2$0.12$0.40$0.52$762.48$770.52
$769.00$763.00Sep 2$0.22$0.40$0.62$762.38$769.62
$768.00$761.00Sep 2$0.40$0.19$0.59$760.41$768.59
$768.00$762.00Sep 2$0.40$0.28$0.68$761.32$768.68
$768.00$763.00Sep 2$0.40$0.40$0.80$762.20$768.80
$770.00$764.00Sep 2$0.12$0.60$0.72$763.28$770.72

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 375 found (best R:R 1.08, avg credit $0.58)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
730/731775/776Sep 30$0.52$0.4850%1.08$730.48$775.52
739/740773/774Sep 18$0.52$0.4850%1.08$739.48$773.52
734/735774/775Sep 25$0.52$0.4850%1.08$734.48$774.52
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
734/735775/776Sep 25$0.50$0.5052%1.00$734.50$775.50
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
735/736775/776Sep 30$0.54$0.4647%1.17$735.46$775.54
739/740774/775Sep 18$0.49$0.5152%0.96$739.51$774.49

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 302 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$620.00$650.00$680.00Oct 9$0.30$29.704%99.00
$755.00$760.00$765.00Sep 14$0.43$4.5722%10.63
$755.00$760.00$765.00Sep 15$0.46$4.5421%9.87
$755.00$760.00$765.00Sep 16$0.44$4.5620%10.36
$750.00$755.00$760.00Sep 14$0.36$4.6416%12.89
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 15$0.44$4.5621%10.36
$750.00$755.00$760.00Sep 14$0.32$4.6816%14.62
$755.00$760.00$765.00Sep 14$0.49$4.5122%9.20
$750.00$755.00$760.00Sep 16$0.30$4.7015%15.67
$750.00$755.00$760.00Sep 15$0.33$4.6716%14.15

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,090 found (best net $-20.88, 1,077 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 2-$20.88$39.12
$685.00$718.001:2Sep 3-$14.90$18.10
$725.00$745.001:2Sep 15-$4.49$15.51
$770.00$775.001:2Sep 14-$0.08$4.92
$770.00$775.001:2Sep 15-$0.33$4.67
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$845.00$809.001:2Sep 2-$7.24$28.76
$895.00$845.001:2Sep 2-$29.26$20.74
$785.00$775.001:2Sep 15-$2.09$7.91
$715.00$705.001:2Sep 16-$0.24$9.76
$690.00$670.001:2Sep 9-$0.02$19.98

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 318 found (best yield 1.90%, avg 0.45%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$766.00Oct 16$14.550.490.0%1.90%1.92%455.1K
$767.00Oct 16$13.950.470.1%1.82%1.97%2225.5K
$768.00Oct 16$13.350.470.3%1.74%2.02%723.2K
$769.00Oct 16$12.770.460.4%1.67%2.08%1711.9K
$770.00Oct 16$12.200.450.5%1.59%2.13%2329.8K
$771.00Oct 16$11.650.440.7%1.52%2.19%41.8K
$772.00Oct 16$11.110.430.8%1.45%2.25%281.7K
$773.00Oct 16$10.580.410.9%1.38%2.32%5121.4K
$774.00Oct 16$10.080.401.1%1.32%2.38%191.2K
$775.00Oct 16$9.580.391.2%1.25%2.45%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 1,305,826
Total Puts 1,318,477
Put/Call Ratio 1.01
Net Difference -12,651

Prior's Put/Call Breakdown

Total Calls 1,000,876
Total Puts 1,422,160
Put/Call Ratio 1.42
Net Difference -421,284

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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