Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$765.19 +0.45%
9/2 12:55

Option Volume

Detail
Current (09/02 12:55pm) 5,553,795
Calls: 2,490,237 (45%)
Puts: 3,063,558 (55%)
Prior (08/31) 5,248,299
Calls: 2,339,782 (45%)
Puts: 2,908,517 (55%)
Current vs Prior +5.82%
Calls: +6.43% (Calls)
Puts: +5.33% (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 -42.11%
Calls: -45.43%
Puts: -39.10%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 12:55pm) $744.75M
Calls: $427.02M (57%)
Puts: $317.73M (43%)
Prior (08/31) $533.09M
Calls: $244.88M (46%)
Puts: $288.21M (54%)
Current vs Prior +39.70%
Calls: +74.38%
Puts: +10.24%
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 -28.98%
Calls: -22.08%
Puts: -36.53%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 12:55pm) 1.23
Prior (08/31) 1.24
Current vs Prior -1.03%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg +11.02%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 12:55pm) 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 0.30% | 0.62%0.30% | 0.83%0.83% | 1.47%1.94% | 3.65%
Prior 0.61% | 0.84%0.61% | 1.07%1.07% | 1.72%2.20% | 3.87%
Current vs Prior -49.90% | -26.34%-49.90% | -22.38%-22.38% | -14.42%-11.69% | -5.74%
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 -42.26% | -17.92%-20.48% | -0.35%-3.73% | -4.67%-20.67% | -7.07%
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 -49.90% | -26.34%-49.90% | -22.38%-22.38% | -14.42%-11.69% | -5.74%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.88% | 0.84%
Calls: 1.00% | 0.88%
Puts: 0.75% | 0.81%
Prior 1.07% | 0.60%
Calls: 1.20% | 0.87%
Puts: 0.94% | 0.34%
Current vs Prior -17.76% | +40.00%
Prior 7-Day Avg 1.59% | 1.27%
Calls: 1.39% | 1.15%
Puts: 1.79% | 1.39%
Current vs 7-Day Avg -44.55% | -34.01%
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
12:55BULLISHBEARISHBEARISH
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 2,418 of results (avg 2.2%, best 0.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Sep 4145.50145.53$145.510.0%--1.0023
$625.00Sep 4140.50140.54$140.520.0%241.005
$660.00Sep 3105.24105.27$105.260.0%21.00--
$625.00Sep 3140.23140.27$140.250.0%241.0022
$625.00Sep 2140.18140.22$140.200.0%21.0022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$895.00Sep 2129.78129.82$129.800.0%41.00--
$845.00Sep 279.7879.82$79.800.1%101.00--
$830.00Sep 964.7864.82$64.800.1%11.00--
$825.00Sep 459.7859.82$59.800.1%11.002
$812.00Sep 446.7846.82$46.800.1%31.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 729 found (avg $0.35, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 20.100.11$0.119.1%159.9K0.095.3K
$767.00Sep 20.240.25$0.254.0%252.5K0.197.9K
$766.00Sep 20.520.53$0.531.9%348.5K0.347.1K
$774.00Sep 30.060.07$0.0714.3%4.4K0.031.6K
$773.00Sep 30.100.11$0.119.1%9.1K0.052.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 20.160.17$0.175.9%234.3K0.135.0K
$763.00Sep 20.270.28$0.283.6%227.7K0.202.8K
$761.00Sep 20.110.12$0.128.3%160.9K0.086.3K
$760.00Sep 20.070.08$0.0812.5%165.2K0.067.8K
$764.00Sep 20.470.48$0.482.1%307.2K0.322.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,191 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2140.18140.22$140.200.0%21.0022
$685.00Sep 280.1880.22$80.200.0%101.00210
$690.00Sep 275.1875.22$75.200.1%81.00--
$695.00Sep 270.1870.22$70.200.1%61.00--
$700.00Sep 265.1865.22$65.200.1%41.002
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$778.00Sep 412.7912.83$12.810.3%2751.004
$779.00Sep 413.7913.82$13.810.2%811.0018
$780.00Sep 414.7914.82$14.810.2%1171.0015
$781.00Sep 415.7915.82$15.810.2%6231.001
$782.00Sep 416.7816.82$16.800.2%801.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,344 active (total vol 5.5M, top 429.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Sep 20.520.53$0.531.9%348.5K0.347.1K
$765.00Sep 21.001.01$1.001.0%296.5K0.5212.3K
$767.00Sep 20.240.25$0.254.0%252.5K0.197.9K
$764.00Sep 21.671.68$1.670.6%198.8K0.687.1K
$769.00Sep 20.040.05$0.0520.0%161.3K0.057.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 20.800.81$0.811.2%429.6K0.484.0K
$764.00Sep 20.470.48$0.482.1%307.2K0.322.9K
$762.00Sep 20.160.17$0.175.9%234.3K0.135.0K
$763.00Sep 20.270.28$0.283.6%227.7K0.202.8K
$766.00Sep 21.321.33$1.330.8%191.0K0.667.1K

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 30.4%, max 48.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Sep 2Oct 1617.2%11.6%48.6%141.8K6.6K
$764.00Sep 2Oct 1616.0%11.5%39.6%198.8K8.3K
$765.00Sep 2Oct 1615.0%11.3%32.4%297.0K18.0K
$766.00Sep 2Oct 1614.7%11.2%31.0%348.6K12.2K
$767.00Sep 2Oct 1614.4%14.3%0.5%252.8K13.5K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Sep 2Oct 1617.2%11.6%48.6%228.2K4.3K
$764.00Sep 2Oct 1616.0%11.5%39.6%307.2K4.0K
$765.00Sep 2Oct 1615.0%11.3%32.4%431.5K14.2K
$766.00Sep 2Oct 1614.7%11.2%31.0%191.4K11.3K
$767.00Sep 2Oct 1614.4%14.3%0.5%49.0K7.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 779 found (best R:R 1.25, avg 4.66)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$738.00$740.00Sep 25$0.89$1.11$0.8984%1.25$738.89
$728.00$729.00Oct 2$0.11$0.89$0.1186%8.09$728.11
$731.00$732.00Oct 2$0.12$0.88$0.1285%7.33$731.12
$725.00$727.00Oct 2$1.05$0.95$1.0588%0.90$726.05
$733.00$734.00Sep 11$0.27$0.73$0.2795%2.70$733.27
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$790.00$788.00Sep 25$1.10$0.90$1.1090%0.82$788.90
$797.00$795.00Oct 16$1.03$0.97$1.0385%0.94$795.97
$785.00$775.00Oct 9$6.57$3.43$6.5776%0.52$778.43
$779.00$778.00Sep 25$0.16$0.84$0.1676%5.25$778.84
$779.00$778.00Sep 18$0.20$0.80$0.2079%4.00$778.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 590 found (best R:R 0.64, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 15$1.96$1.96$3.0462%0.64$771.96
$770.00$775.00Sep 16$2.08$2.08$2.9261%0.71$772.08
$770.00$775.00Sep 14$1.89$1.89$3.1163%0.61$771.89
$775.00$780.00Sep 16$1.36$1.36$3.6472%0.37$776.36
$775.00$780.00Sep 15$1.18$1.18$3.8275%0.31$776.18
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$757.00$756.00Sep 4$0.12$0.12$0.8884%0.14$756.88
$759.00$758.00Sep 3$0.11$0.11$0.8984%0.12$758.89
$761.00$760.00Sep 3$0.18$0.18$0.8276%0.22$760.82
$763.00$762.00Sep 2$0.11$0.11$0.8980%0.12$762.89
$764.00$763.00Sep 2$0.20$0.20$0.8068%0.25$763.80

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.20, cheapest $1.14)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 2Sep 3$1.2116.0%12.6%
$765.00Sep 2Sep 3$1.2715.0%12.3%
$766.00Sep 2Sep 3$1.2214.7%12.5%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 2Sep 3$1.1416.0%12.6%
$765.00Sep 2Sep 3$1.2015.0%12.3%
$766.00Sep 2Sep 3$1.1514.7%12.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,021 found (cheapest 0.24% of stock, avg 3.91%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$765.00Sep 2$1.00$0.81$1.81$763.19$766.810.24%
$766.00Sep 2$0.53$1.33$1.86$764.14$767.860.24%
$764.00Sep 2$1.67$0.48$2.15$761.85$766.150.28%
$767.00Sep 2$0.25$2.04$2.29$764.71$769.290.30%
$763.00Sep 2$2.48$0.28$2.76$760.24$765.760.36%
$768.00Sep 2$0.11$2.90$3.01$764.99$771.010.39%
$762.00Sep 2$3.37$0.17$3.54$758.46$765.540.46%
$769.00Sep 2$0.05$3.85$3.90$765.10$772.900.51%
$766.00Sep 3$1.75$2.48$4.23$761.77$770.230.55%
$765.00Sep 3$2.27$2.01$4.28$760.72$769.280.56%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 375 found (cheapest 0.03% of stock, avg 1.41%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$768.00$761.00Sep 2$0.11$0.12$0.23$760.77$768.23
$768.00$762.00Sep 2$0.11$0.17$0.28$761.72$768.28
$767.00$762.00Sep 2$0.25$0.17$0.42$761.58$767.42
$767.00$761.00Sep 2$0.25$0.12$0.37$760.63$767.37
$768.00$763.00Sep 2$0.11$0.28$0.39$762.61$768.39
$767.00$763.00Sep 2$0.25$0.28$0.53$762.47$767.53
$768.00$764.00Sep 2$0.11$0.48$0.59$763.41$768.59
$766.00$761.00Sep 2$0.53$0.12$0.65$760.35$766.65
$767.00$764.00Sep 2$0.25$0.48$0.73$763.27$767.73
$766.00$762.00Sep 2$0.53$0.17$0.70$761.30$766.70

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 428 found (best R:R 1.13, avg credit $0.55)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
737/738772/773Sep 18$0.53$0.4750%1.13$737.47$772.53
737/738774/775Sep 18$0.48$0.5255%0.92$737.52$774.48
737/738773/774Sep 18$0.50$0.5053%1.00$737.50$773.50
730/731774/775Sep 30$0.53$0.4750%1.13$730.47$774.53
733/734773/774Sep 25$0.53$0.4749%1.13$733.47$773.53
732/733774/775Sep 30$0.54$0.4648%1.17$732.46$774.54
729/730775/776Oct 2$0.53$0.4749%1.13$729.47$775.53
740/741772/773Sep 18$0.54$0.4648%1.17$740.46$772.54
730/731775/776Sep 30$0.51$0.4951%1.04$730.49$775.51
739/740772/773Sep 18$0.53$0.4749%1.13$739.47$772.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 215 found (best R:R 106.14, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$620.00$650.00$680.00Oct 9$0.28$29.724%106.14
$750.00$755.00$760.00Sep 14$0.31$4.6917%15.13
$755.00$760.00$765.00Sep 15$0.45$4.5522%10.11
$740.00$745.00$750.00Sep 14$0.08$4.929%61.50
$750.00$755.00$760.00Sep 15$0.32$4.6817%14.63
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.50$4.5023%9.00
$755.00$760.00$765.00Sep 15$0.48$4.5222%9.42
$750.00$755.00$760.00Sep 14$0.35$4.6517%13.29
$750.00$755.00$760.00Sep 15$0.33$4.6717%14.15
$755.00$760.00$765.00Sep 16$0.44$4.5620%10.36

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,067 found (best net $-20.20, 1,053 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 2-$20.20$39.80
$725.00$745.001:2Sep 15-$3.88$16.12
$770.00$775.001:2Sep 15-$0.19$4.81
$765.00$770.001:2Sep 14-$1.03$3.97
$775.00$780.001:2Sep 16-$0.03$4.97
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$845.00$809.001:2Sep 2-$7.80$28.20
$895.00$845.001:2Sep 2-$29.80$20.20
$800.00$783.001:2Sep 8-$0.80$16.20
$766.00$765.001:2Sep 2-$0.29$0.71
$765.00$764.001:2Sep 2-$0.15$0.85

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 303 found (best yield 1.85%, avg 0.44%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$766.00Oct 16$14.120.480.1%1.85%1.95%1635.1K
$767.00Oct 16$13.520.470.2%1.77%2.00%2985.5K
$768.00Oct 16$12.940.460.4%1.69%2.06%1123.2K
$769.00Oct 16$12.360.450.5%1.62%2.11%2721.9K
$770.00Oct 16$11.810.440.6%1.54%2.17%3539.8K
$771.00Oct 16$11.260.430.8%1.47%2.23%391.8K
$772.00Oct 16$10.730.420.9%1.40%2.29%741.7K
$773.00Oct 16$10.210.411.0%1.33%2.35%5551.4K
$774.00Oct 16$9.710.391.1%1.27%2.42%561.2K
$775.00Oct 16$9.220.381.3%1.20%2.49%32114.8K

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 2,490,237
Total Puts 3,063,558
Put/Call Ratio 1.23
Net Difference -573,321

Prior's Put/Call Breakdown

Total Calls 2,339,782
Total Puts 2,908,517
Put/Call Ratio 1.24
Net Difference -568,735

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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