Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$764.79 +0.39%
9/2 12:45

Option Volume

Detail
Current (09/02 12:45pm) 5,404,668
Calls: 2,432,554 (45%)
Puts: 2,972,114 (55%)
Prior (08/31) 5,099,929
Calls: 2,258,374 (44%)
Puts: 2,841,555 (56%)
Current vs Prior +5.98%
Calls: +7.71% (Calls)
Puts: +4.59% (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 -43.67%
Calls: -46.69%
Puts: -40.92%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 12:45pm) $733.37M
Calls: $385.49M (53%)
Puts: $347.88M (47%)
Prior (08/31) $529.99M
Calls: $221.38M (42%)
Puts: $308.60M (58%)
Current vs Prior +38.38%
Calls: +74.13%
Puts: +12.73%
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 -30.07%
Calls: -29.66%
Puts: -30.51%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 12:45pm) 1.22
Prior (08/31) 1.26
Current vs Prior -2.89%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg +10.26%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 12:45pm) 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 0.32% | 0.64%0.32% | 0.85%0.85% | 1.50%2.08% | 3.68%
Prior 0.61% | 0.84%0.61% | 1.07%1.07% | 1.72%2.20% | 3.87%
Current vs Prior -46.86% | -24.44%-46.86% | -20.76%-20.76% | -12.85%-5.57% | -5.02%
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 -38.75% | -15.81%-15.64% | +1.74%-1.72% | -2.92%-15.18% | -6.35%
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 -46.86% | -24.44%-46.86% | -20.76%-20.76% | -12.85%-5.57% | -5.02%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.82% | 0.42%
Calls: 0.70% | 0.38%
Puts: 0.95% | 0.45%
Prior 1.07% | 0.60%
Calls: 1.20% | 0.87%
Puts: 0.94% | 0.34%
Current vs Prior -23.36% | -30.00%
Prior 7-Day Avg 1.59% | 1.27%
Calls: 1.39% | 1.15%
Puts: 1.79% | 1.39%
Current vs 7-Day Avg -48.33% | -67.00%
Liquidity Excellent
+
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🤖 AI Insights

Bearish P/C ratio of 1.22 indicates protective positioning. Put-heavy open interest (7,121,416 puts vs 2,556,486 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
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 BEARISH
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
12:45BULLISHBEARISHBEARISH
12:40BULLISHBEARISHBEARISH
12:35BULLISHBEARISHBEARISH
12:30BULLISHBEARISHBEARISH
12:25BULLISHBEARISHBEARISH
12:20BULLISHBEARISHBEARISH
12:15BULLISHBEARISHBEARISH
12:10BULLISHBEARISHBEARISH
12:05BULLISHBEARISHBEARISH
12:00BULLISHBEARISHBEARISH
11:55BULLISHBEARISHBEARISH
11:50BULLISHBEARISHBEARISH
11:45BULLISHBEARISHBEARISH
11:40BULLISHNEUTRALMIXED
11:35BULLISHNEUTRALMIXED
11:30BULLISHNEUTRALMIXED
11:25BULLISHNEUTRALMIXED
11:20BULLISHNEUTRALMIXED
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 2,400 of results (avg 2.2%, best 0.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 4140.10140.13$140.120.0%241.005
$620.00Sep 4145.09145.13$145.110.0%--1.0023
$625.00Sep 3139.83139.87$139.850.0%241.0022
$660.00Sep 3104.84104.87$104.860.0%21.00--
$625.00Sep 2139.77139.81$139.790.0%21.0022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$895.00Sep 2130.19130.23$130.210.0%41.00--
$845.00Sep 280.1980.23$80.210.0%101.00--
$830.00Sep 965.1965.23$65.210.1%11.00--
$825.00Sep 460.1960.23$60.210.1%11.002
$812.00Sep 447.1947.23$47.210.1%31.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 735 found (avg $0.36, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 20.080.09$0.0911.1%151.1K0.085.3K
$767.00Sep 20.180.19$0.195.3%246.7K0.167.9K
$766.00Sep 20.410.42$0.422.4%340.0K0.297.1K
$765.00Sep 20.830.84$0.841.2%285.4K0.4612.3K
$774.00Sep 30.050.06$0.0616.7%4.4K0.031.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$760.00Sep 20.090.10$0.1010.0%162.0K0.077.8K
$762.00Sep 20.230.24$0.244.2%229.8K0.165.0K
$761.00Sep 20.150.16$0.166.3%157.6K0.116.3K
$759.00Sep 20.060.07$0.0714.3%111.9K0.0510.1K
$763.00Sep 20.380.39$0.392.6%219.3K0.252.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,188 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2139.77139.81$139.790.0%21.0022
$625.00Sep 3139.83139.87$139.850.0%241.0022
$635.00Sep 3129.83129.87$129.850.0%81.006
$660.00Sep 3104.84104.87$104.860.0%21.00--
$685.00Sep 379.8479.88$79.860.1%101.003
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Sep 26.216.24$6.230.5%4231.007
$772.00Sep 27.207.24$7.220.6%3161.00112
$773.00Sep 28.208.24$8.220.5%1471.0029
$774.00Sep 29.209.24$9.220.4%441.003
$775.00Sep 210.2010.24$10.220.4%5191.003

Most actively traded options today. High liquidity = easy entry/exit. 2,334 active (total vol 5.4M, top 414.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Sep 20.410.42$0.422.4%340.0K0.297.1K
$765.00Sep 20.830.84$0.841.2%285.4K0.4612.3K
$767.00Sep 20.180.19$0.195.3%246.7K0.167.9K
$764.00Sep 21.421.43$1.420.7%194.9K0.627.1K
$769.00Sep 20.040.05$0.0520.0%160.1K0.047.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 21.041.05$1.051.0%414.8K0.544.0K
$764.00Sep 20.630.64$0.641.6%288.4K0.382.9K
$762.00Sep 20.230.24$0.244.2%229.8K0.165.0K
$763.00Sep 20.380.39$0.392.6%219.3K0.252.8K
$766.00Sep 21.621.64$1.631.2%184.1K0.717.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 36.2%, max 58.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$762.00Sep 2Oct 1618.6%11.7%58.8%77.4K7.8K
$763.00Sep 2Oct 1617.3%11.6%49.3%139.4K6.6K
$764.00Sep 2Oct 1616.2%11.5%40.9%195.0K8.3K
$765.00Sep 2Oct 1615.4%11.3%35.9%285.9K18.0K
$766.00Sep 2Oct 1614.6%11.2%30.2%340.1K12.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$762.00Sep 2Oct 1618.6%11.7%58.8%230.0K6.2K
$763.00Sep 2Oct 1617.3%11.6%49.3%219.8K4.3K
$764.00Sep 2Oct 1616.2%11.5%40.9%288.4K4.0K
$765.00Sep 2Oct 1615.4%11.3%35.9%416.8K14.2K
$766.00Sep 2Oct 1614.6%11.2%30.2%184.5K11.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 793 found (best R:R 0.69, avg 4.56)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$724.00$725.00Sep 30$0.16$0.84$0.1690%5.25$724.16
$722.00$723.00Oct 16$0.18$0.82$0.1885%4.56$722.18
$728.00$729.00Oct 2$0.20$0.80$0.2086%4.00$728.20
$745.00$746.00Sep 18$0.19$0.81$0.1980%4.26$745.19
$727.00$728.00Sep 10$0.37$0.63$0.3797%1.70$727.37
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$785.00$775.00Oct 9$5.92$4.08$5.9276%0.69$779.08
$775.00$770.00Sep 16$2.55$2.45$2.5573%0.96$772.45
$790.00$788.00Sep 25$1.17$0.83$1.1790%0.71$788.83
$776.00$775.00Sep 18$0.13$0.87$0.1374%6.69$775.87
$778.00$777.00Sep 25$0.14$0.86$0.1474%6.14$777.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 592 found (best R:R 1.17, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$770.00Sep 15$2.70$2.70$2.3050%1.17$767.70
$765.00$770.00Sep 16$2.72$2.72$2.2850%1.19$767.72
$765.00$770.00Sep 14$2.65$2.65$2.3550%1.13$767.65
$770.00$775.00Sep 15$1.91$1.91$3.0963%0.62$771.91
$770.00$775.00Sep 16$2.03$2.03$2.9761%0.68$772.03
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$758.00$757.00Sep 3$0.10$0.10$0.9086%0.11$757.90
$760.00$759.00Sep 3$0.16$0.16$0.8479%0.19$759.84
$763.00$762.00Sep 2$0.15$0.15$0.8575%0.18$762.85
$757.00$756.00Sep 4$0.12$0.12$0.8883%0.14$756.88
$761.00$760.00Sep 3$0.19$0.19$0.8174%0.23$760.81

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $1.20, cheapest $1.15)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 2Sep 3$1.2316.2%12.6%
$765.00Sep 2Sep 3$1.2415.4%12.8%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 2Sep 3$1.1516.2%12.6%
$765.00Sep 2Sep 3$1.1715.4%12.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,016 found (cheapest 0.25% of stock, avg 3.90%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$765.00Sep 2$0.84$1.05$1.89$763.11$766.890.25%
$764.00Sep 2$1.42$0.64$2.06$761.94$766.060.27%
$766.00Sep 2$0.42$1.63$2.05$763.95$768.050.27%
$763.00Sep 2$2.17$0.39$2.56$760.44$765.560.33%
$767.00Sep 2$0.19$2.40$2.59$764.41$769.590.34%
$762.00Sep 2$3.03$0.24$3.27$758.73$765.270.43%
$768.00Sep 2$0.09$3.29$3.38$764.62$771.380.44%
$761.00Sep 2$3.94$0.16$4.10$756.90$765.100.54%
$769.00Sep 2$0.05$4.25$4.30$764.70$773.300.56%
$765.00Sep 3$2.08$2.22$4.30$760.70$769.300.56%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 395 found (cheapest 0.02% of stock, avg 1.38%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$768.00$760.00Sep 2$0.09$0.10$0.19$759.81$768.19
$768.00$761.00Sep 2$0.09$0.16$0.25$760.75$768.25
$768.00$762.00Sep 2$0.09$0.24$0.33$761.67$768.33
$767.00$760.00Sep 2$0.19$0.10$0.29$759.71$767.29
$767.00$761.00Sep 2$0.19$0.16$0.35$760.65$767.35
$767.00$762.00Sep 2$0.19$0.24$0.43$761.57$767.43
$768.00$763.00Sep 2$0.09$0.39$0.48$762.52$768.48
$767.00$763.00Sep 2$0.19$0.39$0.58$762.42$767.58
$766.00$760.00Sep 2$0.42$0.10$0.52$759.48$766.52
$766.00$761.00Sep 2$0.42$0.16$0.58$760.42$766.58

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 377 found (best R:R 1.17, avg credit $0.56)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
731/732774/775Sep 30$0.54$0.4649%1.17$731.46$774.54
747/748771/772Sep 11$0.50$0.5052%1.00$747.50$771.50
733/734774/775Sep 30$0.54$0.4648%1.17$733.46$774.54
733/734773/774Sep 25$0.52$0.4850%1.08$733.48$773.52
735/736774/775Sep 30$0.55$0.4547%1.22$735.45$774.55
740/741773/774Sep 18$0.51$0.4951%1.04$740.49$773.51
732/733774/775Sep 30$0.53$0.4749%1.13$732.47$774.53
750/751770/771Sep 10$0.51$0.4950%1.04$750.49$770.51
740/741772/773Sep 18$0.53$0.4748%1.13$740.47$772.53
735/736773/774Sep 25$0.53$0.4748%1.13$735.47$773.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 281 found (best R:R 59.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$620.00$650.00$680.00Oct 9$0.50$29.504%59.00
$750.00$755.00$760.00Sep 14$0.31$4.6918%15.13
$750.00$755.00$760.00Sep 15$0.31$4.6917%15.13
$755.00$760.00$765.00Sep 14$0.54$4.4623%8.26
$755.00$760.00$765.00Sep 15$0.51$4.4922%8.80
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 15$0.48$4.5222%9.42
$750.00$755.00$760.00Sep 14$0.35$4.6518%13.29
$755.00$760.00$765.00Sep 14$0.53$4.4724%8.43
$750.00$755.00$760.00Sep 15$0.35$4.6517%13.29
$750.00$755.00$760.00Sep 16$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. 1,069 found (best net $-19.79, 1,054 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 2-$19.79$40.21
$725.00$745.001:2Sep 15-$3.17$16.83
$770.00$775.001:2Sep 15-$0.14$4.86
$765.00$770.001:2Sep 14-$0.95$4.05
$770.00$775.001:2Sep 16-$0.62$4.38
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$845.00$809.001:2Sep 2-$8.21$27.79
$895.00$845.001:2Sep 2-$30.21$19.79
$800.00$783.001:2Sep 8-$1.21$15.79
$765.00$764.001:2Sep 2-$0.23$0.77
$766.00$765.001:2Sep 2-$0.47$0.53

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 316 found (best yield 1.90%, avg 0.46%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$765.00Oct 16$14.520.480.0%1.90%1.93%4625.8K
$766.00Oct 16$13.920.470.2%1.82%1.98%1515.1K
$767.00Oct 16$13.320.470.3%1.74%2.03%2925.5K
$768.00Oct 16$12.740.460.4%1.67%2.09%1123.2K
$769.00Oct 16$12.170.450.6%1.59%2.14%2721.9K
$770.00Oct 16$11.620.440.7%1.52%2.20%3539.8K
$771.00Oct 16$11.080.430.8%1.45%2.26%391.8K
$772.00Oct 16$10.550.410.9%1.38%2.32%731.7K
$773.00Oct 16$10.040.401.1%1.31%2.39%5551.4K
$774.00Oct 16$9.540.391.2%1.25%2.45%541.2K

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 2,432,554
Total Puts 2,972,114
Put/Call Ratio 1.22
Net Difference -539,560

Prior's Put/Call Breakdown

Total Calls 2,258,374
Total Puts 2,841,555
Put/Call Ratio 1.26
Net Difference -583,181

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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