Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$765.54 +0.49%
9/2 11:15

Option Volume

Detail
Current (09/02 11:15am) 3,579,788
Calls: 1,716,586 (48%)
Puts: 1,863,202 (52%)
Prior (08/31) 3,317,599
Calls: 1,427,028 (43%)
Puts: 1,890,571 (57%)
Current vs Prior +7.90%
Calls: +20.29% (Calls)
Puts: -1.45% (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 -62.69%
Calls: -62.38%
Puts: -62.96%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 11:15am) $575.76M
Calls: $379.19M (66%)
Puts: $196.58M (34%)
Prior (08/31) $390.09M
Calls: $173.71M (45%)
Puts: $216.38M (55%)
Current vs Prior +47.60%
Calls: +118.29%
Puts: -9.15%
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 -45.09%
Calls: -30.81%
Puts: -60.73%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 11:15am) 1.09
Prior (08/31) 1.32
Current vs Prior -18.07%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg -2.05%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 11:15am) 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 0.35% | 0.64%0.35% | 0.86%0.86% | 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 -41.75% | -23.89%-41.76% | -19.98%-19.98% | -12.94%-10.77% | -4.97%
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 -32.87% | -15.20%-7.55% | +2.73%-0.76% | -3.02%-19.85% | -6.31%
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 -41.75% | -23.89%-41.76% | -19.98%-19.98% | -12.94%-10.77% | -4.97%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.73% | 0.81%
Calls: 0.72% | 0.79%
Puts: 0.75% | 0.84%
Prior 1.07% | 0.60%
Calls: 1.20% | 0.87%
Puts: 0.94% | 0.34%
Current vs Prior -31.78% | +35.00%
Prior 7-Day Avg 1.59% | 1.27%
Calls: 1.39% | 1.15%
Puts: 1.79% | 1.39%
Current vs 7-Day Avg -54.01% | -36.36%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bullish flow with 66% call dollar volume ($379.19M). Slightly bearish P/C ratio of 1.09. 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
11:15BULLISHNEUTRALMIXED
11:10BULLISHNEUTRALMIXED
11:05BULLISHNEUTRALMIXED
11:00BULLISHNEUTRALMIXED
10:55BULLISHNEUTRALMIXED
10:50BULLISHNEUTRALMIXED
10:45BULLISHNEUTRALBULLISH
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 2,405 of results (avg 2.2%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2140.48140.59$140.540.1%21.0022
$620.00Sep 4145.79145.93$145.860.1%--1.0023
$625.00Sep 4140.79140.93$140.860.1%241.005
$625.00Sep 3140.52140.66$140.590.1%241.0022
$635.00Sep 4130.80130.94$130.870.1%101.0011
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$895.00Sep 2129.41129.53$129.470.1%41.00--
$845.00Sep 279.4179.53$79.470.2%101.00--
$762.00Oct 29.429.44$9.430.2%730.47595
$765.00Sep 187.697.71$7.700.3%2.2K0.5125.3K
$830.00Sep 964.4164.58$64.500.3%11.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 743 found (avg $0.36, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Sep 20.100.11$0.119.1%91.0K0.097.6K
$768.00Sep 20.230.24$0.244.2%93.2K0.175.3K
$767.00Sep 20.460.47$0.472.1%148.4K0.287.9K
$766.00Sep 20.840.85$0.851.2%194.9K0.437.1K
$774.00Sep 30.070.08$0.0812.5%2.6K0.041.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Sep 20.150.16$0.166.3%110.0K0.106.3K
$762.00Sep 20.230.24$0.244.2%165.2K0.145.0K
$760.00Sep 20.110.12$0.128.3%106.7K0.077.8K
$763.00Sep 20.350.36$0.362.8%142.2K0.202.8K
$759.00Sep 20.080.09$0.0911.1%75.5K0.0510.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,138 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2140.48140.59$140.540.1%21.0022
$685.00Sep 280.4880.59$80.540.1%101.00210
$690.00Sep 275.4875.59$75.540.1%61.00--
$695.00Sep 270.4870.59$70.540.2%61.00--
$700.00Sep 265.4865.59$65.540.2%41.002
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$778.00Sep 412.4212.54$12.481.0%1801.004
$779.00Sep 413.4113.53$13.470.9%731.0018
$780.00Sep 414.4114.53$14.470.8%941.0015
$781.00Sep 415.4115.53$15.470.8%21.001
$782.00Sep 416.4116.55$16.480.8%11.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,146 active (total vol 3.6M, top 211.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 21.381.39$1.380.7%211.8K0.5712.3K
$766.00Sep 20.840.85$0.851.2%194.9K0.437.1K
$764.00Sep 22.062.08$2.071.0%166.6K0.707.1K
$767.00Sep 20.460.47$0.472.1%148.4K0.287.9K
$763.00Sep 22.862.88$2.870.7%131.0K0.805.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 20.870.88$0.881.1%197.3K0.424.0K
$762.00Sep 20.230.24$0.244.2%165.2K0.145.0K
$763.00Sep 20.350.36$0.362.8%142.2K0.202.8K
$764.00Sep 20.550.56$0.561.8%134.2K0.302.9K
$761.00Sep 20.150.16$0.166.3%110.0K0.106.3K

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 33.6%, max 43.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Sep 2Oct 1616.7%11.7%43.2%131.4K6.6K
$764.00Sep 2Oct 1615.7%11.6%35.7%166.6K8.3K
$765.00Sep 2Oct 1614.9%11.4%30.5%212.2K18.0K
$766.00Sep 2Oct 1614.7%11.3%30.3%195.0K12.2K
$767.00Sep 2Oct 1614.3%11.2%28.2%148.6K13.5K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Sep 2Oct 1616.8%11.7%43.6%142.7K4.3K
$764.00Sep 2Oct 1615.7%11.6%36.1%134.3K4.0K
$765.00Sep 2Oct 1615.0%11.4%31.0%198.6K14.2K
$766.00Sep 2Oct 1614.7%11.3%29.7%65.4K11.3K
$767.00Sep 2Oct 1614.3%11.2%27.8%17.5K7.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 782 found (best R:R 0.86, avg 4.57)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$707.00$710.00Oct 16$1.61$1.39$1.6190%0.86$708.61
$735.00$738.00Sep 25$1.47$1.53$1.4786%1.04$736.47
$738.00$739.00Sep 11$0.34$0.66$0.3493%1.94$738.34
$684.00$685.00Sep 18$0.43$0.57$0.43100%1.33$684.43
$739.00$740.00Sep 18$0.29$0.71$0.2986%2.45$739.29
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$784.00$782.00Sep 30$0.88$1.12$0.8880%1.27$783.12
$790.00$789.00Oct 16$0.15$0.85$0.1578%5.67$789.85
$785.00$775.00Oct 9$6.49$3.51$6.4975%0.54$778.51
$790.00$788.00Sep 25$1.20$0.80$1.2089%0.67$788.80
$798.00$797.00Oct 16$0.34$0.66$0.3485%1.94$797.66

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 594 found (best R:R 0.68, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 15$2.03$2.03$2.9761%0.68$772.03
$770.00$775.00Sep 16$2.13$2.13$2.8760%0.74$772.13
$770.00$775.00Sep 14$1.95$1.95$3.0561%0.64$771.95
$775.00$780.00Sep 16$1.41$1.41$3.5971%0.39$776.41
$775.00$780.00Sep 15$1.25$1.25$3.7574%0.33$776.25
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$764.00Sep 2$0.32$0.32$0.6858%0.47$764.68
$759.00$758.00Sep 3$0.11$0.11$0.8985%0.12$758.89
$764.00$763.00Sep 2$0.20$0.20$0.8070%0.25$763.80
$757.00$756.00Sep 4$0.11$0.11$0.8984%0.12$756.89
$760.00$759.00Sep 3$0.13$0.13$0.8781%0.15$759.87

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $1.09, cheapest $1.06)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$765.00Sep 2Sep 3$1.1514.9%12.4%
$766.00Sep 2Sep 3$1.1214.7%12.6%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$765.00Sep 2Sep 3$1.0615.0%12.4%
$766.00Sep 2Sep 3$1.0514.7%12.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 970 found (cheapest 0.28% of stock, avg 3.89%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$766.00Sep 2$0.85$1.33$2.18$763.82$768.180.28%
$765.00Sep 2$1.38$0.88$2.26$762.74$767.260.30%
$767.00Sep 2$0.47$1.95$2.42$764.58$769.420.32%
$764.00Sep 2$2.07$0.56$2.63$761.37$766.630.34%
$768.00Sep 2$0.24$2.72$2.96$765.04$770.960.39%
$763.00Sep 2$2.87$0.36$3.23$759.77$766.230.42%
$769.00Sep 2$0.11$3.60$3.71$765.29$772.710.48%
$762.00Sep 2$3.75$0.24$3.99$758.01$765.990.52%
$766.00Sep 3$1.97$2.38$4.35$761.65$770.350.57%
$767.00Sep 3$1.49$2.90$4.39$762.61$771.390.57%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 385 found (cheapest 0.04% of stock, avg 1.41%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$769.00$761.00Sep 2$0.11$0.16$0.27$760.73$769.27
$769.00$762.00Sep 2$0.11$0.24$0.35$761.65$769.35
$768.00$761.00Sep 2$0.24$0.16$0.40$760.60$768.40
$768.00$762.00Sep 2$0.24$0.24$0.48$761.52$768.48
$769.00$763.00Sep 2$0.11$0.36$0.47$762.53$769.47
$768.00$763.00Sep 2$0.24$0.36$0.60$762.40$768.60
$767.00$761.00Sep 2$0.47$0.16$0.63$760.37$767.63
$767.00$762.00Sep 2$0.47$0.24$0.71$761.29$767.71
$769.00$764.00Sep 2$0.11$0.56$0.67$763.33$769.67
$768.00$764.00Sep 2$0.24$0.56$0.80$763.20$768.80

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 393 found (best R:R 0.96, avg credit $0.56)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
738/739774/775Sep 18$0.49$0.5153%0.96$738.51$774.49
738/739773/774Sep 18$0.51$0.4951%1.04$738.49$773.51
731/732775/776Oct 2$0.54$0.4648%1.17$731.46$775.54
739/740774/775Sep 18$0.49$0.5152%0.96$739.51$774.49
730/731775/776Sep 30$0.51$0.4950%1.04$730.49$775.51
739/740773/774Sep 18$0.51$0.4950%1.04$739.49$773.51
732/733775/776Sep 30$0.52$0.4849%1.08$732.48$775.52
735/736774/775Sep 25$0.52$0.4849%1.08$735.48$774.52
732/733775/776Oct 2$0.54$0.4647%1.17$732.46$775.54
742/743774/775Sep 18$0.51$0.4950%1.04$742.49$774.51

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 219 found (best R:R 135.36, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$620.00$650.00$680.00Oct 9$0.22$29.784%135.36
$750.00$755.00$760.00Sep 15$0.29$4.7116%16.24
$745.00$750.00$755.00Sep 14$0.18$4.8212%26.78
$755.00$760.00$765.00Sep 14$0.49$4.5122%9.20
$750.00$755.00$760.00Sep 14$0.34$4.6617%13.71
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.49$4.5122%9.20
$750.00$755.00$760.00Sep 14$0.33$4.6717%14.15
$750.00$755.00$760.00Sep 15$0.32$4.6816%14.62
$755.00$760.00$765.00Sep 15$0.47$4.5321%9.64
$750.00$755.00$760.00Sep 16$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. 1,080 found (best net $-20.54, 1,065 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 2-$20.54$39.46
$685.00$718.001:2Sep 3-$14.62$18.38
$725.00$745.001:2Sep 15-$4.29$15.71
$770.00$775.001:2Sep 14-$0.06$4.94
$770.00$775.001:2Sep 15-$0.29$4.71
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$845.00$809.001:2Sep 2-$7.47$28.53
$895.00$845.001:2Sep 2-$29.47$20.53
$785.00$775.001:2Sep 15-$2.26$7.74
$765.00$764.001:2Sep 2-$0.24$0.76
$764.00$763.001:2Sep 2-$0.16$0.84

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 314 found (best yield 1.88%, avg 0.45%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$766.00Oct 16$14.400.480.1%1.88%1.94%755.1K
$767.00Oct 16$13.800.470.2%1.80%1.99%2485.5K
$768.00Oct 16$13.210.470.3%1.73%2.05%983.2K
$769.00Oct 16$12.630.460.5%1.65%2.10%1941.9K
$770.00Oct 16$12.070.450.6%1.58%2.16%2699.8K
$771.00Oct 16$11.520.430.7%1.50%2.22%121.8K
$772.00Oct 16$10.990.420.8%1.44%2.28%371.7K
$773.00Oct 16$10.470.411.0%1.37%2.34%5121.4K
$774.00Oct 16$9.960.401.1%1.30%2.41%231.2K
$775.00Oct 16$9.470.391.2%1.24%2.47%25714.8K

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 1,716,586
Total Puts 1,863,202
Put/Call Ratio 1.09
Net Difference -146,616

Prior's Put/Call Breakdown

Total Calls 1,427,028
Total Puts 1,890,571
Put/Call Ratio 1.32
Net Difference -463,543

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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