Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$764.87 +0.41%
9/2 12:50

Option Volume

Detail
Current (09/02 12:50pm) 5,466,675
Calls: 2,454,869 (45%)
Puts: 3,011,806 (55%)
Prior (08/31) 5,159,492
Calls: 2,292,515 (44%)
Puts: 2,866,977 (56%)
Current vs Prior +5.95%
Calls: +7.08% (Calls)
Puts: +5.05% (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 -43.02%
Calls: -46.20%
Puts: -40.13%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 12:50pm) $738.37M
Calls: $394.66M (53%)
Puts: $343.71M (47%)
Prior (08/31) $528.27M
Calls: $237.47M (45%)
Puts: $290.80M (55%)
Current vs Prior +39.77%
Calls: +66.19%
Puts: +18.19%
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 -29.59%
Calls: -27.98%
Puts: -31.35%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 12:50pm) 1.23
Prior (08/31) 1.25
Current vs Prior -1.90%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg +10.72%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 12:50pm) 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 -47.08% | -24.45%-47.09% | -20.40%-20.40% | -12.86%-5.28% | -4.99%
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 -39.01% | -15.81%-16.01% | +2.19%-1.28% | -2.93%-14.92% | -6.33%
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 -47.08% | -24.45%-47.09% | -20.40%-20.40% | -12.86%-5.28% | -4.99%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.84% | 0.42%
Calls: 0.68% | 0.37%
Puts: 1.01% | 0.46%
Prior 1.07% | 0.60%
Calls: 1.20% | 0.87%
Puts: 0.94% | 0.34%
Current vs Prior -21.50% | -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 -47.07% | -67.00%
Liquidity Excellent
+
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🤖 AI Insights

Bearish P/C ratio of 1.23 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 BEARISH
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
12:50BULLISHBEARISHBEARISH
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 2,414 of results (avg 2.2%, best 0.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$635.00Sep 3129.91129.94$129.930.0%81.006
$620.00Sep 4145.17145.21$145.190.0%--1.0023
$625.00Sep 4140.17140.21$140.190.0%241.005
$625.00Sep 3139.90139.94$139.920.0%241.0022
$625.00Sep 2139.85139.89$139.870.0%21.0022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$895.00Sep 2130.11130.15$130.130.0%41.00--
$845.00Sep 280.1180.15$80.130.0%101.00--
$830.00Sep 965.1165.15$65.130.1%11.00--
$825.00Sep 460.1160.15$60.130.1%11.002
$812.00Sep 447.1147.15$47.130.1%31.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 733 found (avg $0.35, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 20.080.09$0.0911.1%152.5K0.085.3K
$767.00Sep 20.180.19$0.195.3%249.1K0.167.9K
$766.00Sep 20.420.43$0.432.3%343.6K0.307.1K
$765.00Sep 20.850.86$0.861.2%289.8K0.4812.3K
$774.00Sep 30.050.06$0.0616.7%4.4K0.031.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Sep 20.130.14$0.147.1%158.8K0.106.3K
$762.00Sep 20.210.22$0.224.5%231.9K0.155.0K
$760.00Sep 20.090.10$0.1010.0%163.7K0.077.8K
$759.00Sep 20.060.07$0.0714.3%112.2K0.0510.1K
$763.00Sep 20.350.36$0.362.8%223.0K0.232.8K

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 2139.85139.89$139.870.0%21.0022
$625.00Sep 3139.90139.94$139.920.0%241.0022
$635.00Sep 3129.91129.94$129.930.0%81.006
$660.00Sep 3104.91104.95$104.930.0%21.00--
$685.00Sep 379.9279.95$79.940.0%101.003
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Sep 26.136.17$6.150.7%4281.007
$772.00Sep 27.127.16$7.140.6%3161.00112
$773.00Sep 28.128.15$8.140.4%1651.0029
$774.00Sep 29.129.16$9.140.4%451.003
$775.00Sep 210.1210.16$10.140.4%5191.003

Most actively traded options today. High liquidity = easy entry/exit. 2,339 active (total vol 5.5M, top 421.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Sep 20.420.43$0.432.3%343.6K0.307.1K
$765.00Sep 20.850.86$0.861.2%289.8K0.4812.3K
$767.00Sep 20.180.19$0.195.3%249.1K0.167.9K
$764.00Sep 21.461.47$1.470.7%196.8K0.647.1K
$769.00Sep 20.040.05$0.0520.0%161.0K0.047.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 20.980.99$0.991.0%421.7K0.524.0K
$764.00Sep 20.590.60$0.601.7%296.8K0.362.9K
$762.00Sep 20.210.22$0.224.5%231.9K0.155.0K
$763.00Sep 20.350.36$0.362.8%223.0K0.232.8K
$766.00Sep 21.551.56$1.560.6%188.0K0.707.1K

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 35.4%, max 56.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$762.00Sep 2Oct 1618.4%11.7%56.8%78.0K7.8K
$763.00Sep 2Oct 1617.1%11.6%47.7%141.3K6.6K
$764.00Sep 2Oct 1616.2%11.5%41.5%196.9K8.3K
$765.00Sep 2Oct 1615.4%11.3%35.6%290.2K18.0K
$766.00Sep 2Oct 1614.6%11.2%30.5%343.7K12.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$762.00Sep 2Oct 1618.4%11.7%56.8%232.2K6.2K
$763.00Sep 2Oct 1617.1%11.6%47.7%223.5K4.3K
$764.00Sep 2Oct 1616.2%11.5%41.5%296.8K4.0K
$765.00Sep 2Oct 1615.4%11.3%35.6%423.7K14.2K
$766.00Sep 2Oct 1614.6%11.2%30.5%188.4K11.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 784 found (best R:R 10.76, avg 4.60)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$738.00$740.00Sep 25$0.17$1.83$0.1783%10.76$738.17
$716.00$718.00Oct 16$0.95$1.05$0.9587%1.11$716.95
$706.00$707.00Oct 16$0.12$0.88$0.1290%7.33$706.12
$733.00$734.00Sep 11$0.17$0.83$0.1795%4.88$733.17
$729.00$731.00Oct 2$0.99$1.01$0.9986%1.02$729.99
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$770.00$765.00Sep 16$1.74$3.26$1.7461%1.87$768.26
$788.00$786.00Sep 25$0.96$1.04$0.9688%1.08$787.04
$795.00$791.00Oct 16$2.55$1.45$2.5584%0.57$792.45
$779.00$778.00Sep 25$0.14$0.86$0.1476%6.14$778.86
$779.00$778.00Sep 18$0.19$0.81$0.1980%4.26$778.81

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 591 found (best R:R 1.18, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$770.00Sep 15$2.71$2.71$2.2950%1.18$767.71
$765.00$770.00Sep 16$2.74$2.74$2.2650%1.21$767.74
$765.00$770.00Sep 14$2.67$2.67$2.3350%1.15$767.67
$770.00$775.00Sep 15$1.92$1.92$3.0863%0.62$771.92
$770.00$775.00Sep 16$2.04$2.04$2.9661%0.69$772.04
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$759.00$758.00Sep 3$0.12$0.12$0.8883%0.14$758.88
$763.00$762.00Sep 2$0.14$0.14$0.8676%0.16$762.86
$764.00$763.00Sep 2$0.24$0.24$0.7664%0.32$763.76
$760.00$759.00Sep 3$0.15$0.15$0.8579%0.18$759.85
$761.00$760.00Sep 3$0.19$0.19$0.8175%0.23$760.81

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.19, cheapest $1.16)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 2Sep 3$1.2316.2%12.7%
$765.00Sep 2Sep 3$1.2615.4%12.8%
$766.00Sep 2Sep 3$1.1914.6%12.5%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 2Sep 3$1.1616.2%12.7%
$765.00Sep 2Sep 3$1.1815.4%12.8%
$766.00Sep 2Sep 3$1.1214.6%12.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,018 found (cheapest 0.24% of stock, avg 3.90%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$765.00Sep 2$0.86$0.99$1.85$763.15$766.850.24%
$766.00Sep 2$0.43$1.56$1.99$764.01$767.990.26%
$764.00Sep 2$1.47$0.60$2.07$761.93$766.070.27%
$767.00Sep 2$0.19$2.32$2.51$764.49$769.510.33%
$763.00Sep 2$2.23$0.36$2.59$760.41$765.590.34%
$762.00Sep 2$3.09$0.22$3.31$758.69$765.310.43%
$768.00Sep 2$0.09$3.22$3.31$764.69$771.310.43%
$761.00Sep 2$4.01$0.14$4.15$756.85$765.150.54%
$769.00Sep 2$0.05$4.17$4.22$764.78$773.220.55%
$765.00Sep 3$2.12$2.17$4.29$760.71$769.290.56%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 390 found (cheapest 0.02% of stock, avg 1.39%)

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$0.14$0.23$760.77$768.23
$767.00$761.00Sep 2$0.19$0.14$0.33$760.67$767.33
$768.00$762.00Sep 2$0.09$0.22$0.31$761.69$768.31
$767.00$760.00Sep 2$0.19$0.10$0.29$759.71$767.29
$767.00$762.00Sep 2$0.19$0.22$0.41$761.59$767.41
$768.00$763.00Sep 2$0.09$0.36$0.45$762.55$768.45
$767.00$763.00Sep 2$0.19$0.36$0.55$762.45$767.55
$766.00$761.00Sep 2$0.43$0.14$0.57$760.43$766.57
$766.00$760.00Sep 2$0.43$0.10$0.53$759.47$766.53

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 373 found (best R:R 1.13, avg credit $0.56)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
732/733773/774Sep 25$0.53$0.4750%1.13$732.47$773.53
729/730774/775Sep 30$0.53$0.4750%1.13$729.47$774.53
738/739772/773Sep 18$0.53$0.4750%1.13$738.47$772.53
734/735773/774Sep 25$0.54$0.4649%1.17$734.46$773.54
741/742772/773Sep 18$0.55$0.4548%1.22$741.45$772.55
740/741772/773Sep 18$0.54$0.4648%1.17$740.46$772.54
732/733774/775Sep 30$0.54$0.4648%1.17$732.46$774.54
739/740772/773Sep 18$0.53$0.4749%1.13$739.47$772.53
734/735774/775Sep 30$0.55$0.4547%1.22$734.45$774.55
745/746772/773Sep 18$0.58$0.4244%1.38$745.42$772.58

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 268 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$620.00$650.00$680.00Oct 9$0.42$29.584%70.43
$755.00$760.00$765.00Sep 15$0.44$4.5622%10.36
$755.00$760.00$765.00Sep 14$0.52$4.4823%8.62
$750.00$755.00$760.00Sep 14$0.36$4.6418%12.89
$745.00$750.00$755.00Sep 14$0.23$4.7713%20.74
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$760.00$765.00$770.00Sep 16$0.05$4.9522%99.00
$755.00$760.00$765.00Sep 14$0.52$4.4823%8.62
$750.00$755.00$760.00Sep 14$0.35$4.6518%13.29
$755.00$760.00$765.00Sep 15$0.49$4.5122%9.20
$750.00$755.00$760.00Sep 15$0.34$4.6617%13.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,074 found (best net $-19.87, 1,059 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 2-$19.87$40.13
$725.00$745.001:2Sep 15-$3.29$16.71
$770.00$775.001:2Sep 15-$0.16$4.84
$765.00$770.001:2Sep 14-$0.96$4.04
$775.00$780.001:2Sep 16-$0.03$4.97
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$845.00$809.001:2Sep 2-$8.13$27.87
$895.00$845.001:2Sep 2-$30.13$19.87
$800.00$783.001:2Sep 8-$1.13$15.87
$765.00$764.001:2Sep 2-$0.21$0.79
$766.00$765.001:2Sep 2-$0.42$0.58

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$14.570.490.0%1.90%1.92%4645.8K
$766.00Oct 16$13.960.470.1%1.83%1.97%1635.1K
$767.00Oct 16$13.370.470.3%1.75%2.03%2985.5K
$768.00Oct 16$12.780.460.4%1.67%2.08%1123.2K
$769.00Oct 16$12.220.450.5%1.60%2.14%2721.9K
$770.00Oct 16$11.660.440.7%1.52%2.20%3539.8K
$771.00Oct 16$11.120.430.8%1.45%2.26%391.8K
$772.00Oct 16$10.590.410.9%1.38%2.32%741.7K
$773.00Oct 16$10.080.401.1%1.32%2.38%5551.4K
$774.00Oct 16$9.580.391.2%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 2,454,869
Total Puts 3,011,806
Put/Call Ratio 1.23
Net Difference -556,937

Prior's Put/Call Breakdown

Total Calls 2,292,515
Total Puts 2,866,977
Put/Call Ratio 1.25
Net Difference -574,462

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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