Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$764.87 +0.41%
9/2 14:40

Option Volume

Detail
Current (09/02 2:40pm) 7,402,464
Calls: 3,367,976 (45%)
Puts: 4,034,488 (55%)
Prior (08/31) 7,313,669
Calls: 3,301,676 (45%)
Puts: 4,011,993 (55%)
Current vs Prior +1.21%
Calls: +2.01% (Calls)
Puts: +0.56% (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 -22.84%
Calls: -26.19%
Puts: -19.81%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 2:40pm) $884.90M
Calls: $473.37M (53%)
Puts: $411.53M (47%)
Prior (08/31) $677.70M
Calls: $271.59M (40%)
Puts: $406.10M (60%)
Current vs Prior +30.57%
Calls: +74.29%
Puts: +1.34%
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 -15.62%
Calls: -13.62%
Puts: -17.80%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 2:40pm) 1.20
Prior (08/31) 1.22
Current vs Prior -1.42%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg +8.11%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 2:40pm) 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 0.27% | 0.61%0.27% | 0.81%0.81% | 1.46%2.04% | 3.64%
Prior 0.61% | 0.84%0.61% | 1.07%1.07% | 1.72%2.20% | 3.87%
Current vs Prior -55.04% | -27.86%-55.05% | -24.06%-24.06% | -14.99%-7.13% | -6.04%
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 -48.18% | -19.62%-28.65% | -2.50%-5.82% | -5.30%-16.58% | -7.36%
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 -55.04% | -27.86%-55.05% | -24.06%-24.06% | -14.99%-7.13% | -6.04%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.00% | 0.43%
Calls: 0.79% | 0.39%
Puts: 1.22% | 0.48%
Prior 1.07% | 0.60%
Calls: 1.20% | 0.87%
Puts: 0.94% | 0.34%
Current vs Prior -6.54% | -28.33%
Prior 7-Day Avg 1.59% | 1.27%
Calls: 1.39% | 1.15%
Puts: 1.79% | 1.39%
Current vs 7-Day Avg -36.99% | -66.22%
Liquidity Excellent
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.20. 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 NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
14:40BULLISHBEARISHBEARISH
14:35BULLISHBEARISHBEARISH
14:30BULLISHBEARISHBEARISH
14:25BULLISHBEARISHBEARISH
14:20BULLISHBEARISHBEARISH
14:15BULLISHBEARISHBEARISH
14:10BULLISHBEARISHBEARISH
14:00BULLISHBEARISHBEARISH
13:55BULLISHBEARISHBEARISH
13:50BULLISHBEARISHBEARISH
13:45BULLISHBEARISHBEARISH
13:40BEARISHBEARISHBEARISH
13:35BEARISHBEARISHBEARISH
13:30BULLISHBEARISHBEARISH
13:25BULLISHBEARISHBEARISH
13:20BULLISHBEARISHBEARISH
13:15BULLISHBEARISHBEARISH
13:10BULLISHBEARISHBEARISH
13:05BULLISHBEARISHBEARISH
13:00BULLISHBEARISHBEARISH
12:55BULLISHBEARISHBEARISH
12:50BULLISHBEARISHBEARISH
12:45BULLISHBEARISHBEARISH
12:40BULLISHBEARISHBEARISH
12:35BULLISHBEARISHBEARISH
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12:15BULLISHBEARISHBEARISH
12:10BULLISHBEARISHBEARISH
12:05BULLISHBEARISHBEARISH
12:00BULLISHBEARISHBEARISH
11:55BULLISHBEARISHBEARISH
11:50BULLISHBEARISHBEARISH
11:45BULLISHBEARISHBEARISH
11:40BULLISHNEUTRALMIXED
11:35BULLISHNEUTRALMIXED
11:30BULLISHNEUTRALMIXED
11:25BULLISHNEUTRALMIXED
11:20BULLISHNEUTRALMIXED
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11:00BULLISHNEUTRALMIXED
10:55BULLISHNEUTRALMIXED
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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 2,428 of results (avg 2.2%, best 0.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Sep 4145.18145.22$145.200.0%--1.0023
$625.00Sep 4140.18140.22$140.200.0%241.005
$635.00Sep 3129.90129.94$129.920.0%81.006
$625.00Sep 3139.89139.94$139.920.0%241.0022
$625.00Sep 2139.83139.88$139.860.0%21.0022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$915.00Sep 4150.12150.17$150.140.0%11.00--
$905.00Sep 4140.12140.17$140.140.0%11.00--
$900.00Sep 4135.12135.17$135.140.0%11.00--
$895.00Sep 2130.12130.17$130.140.0%41.00--
$895.00Sep 4130.12130.17$130.140.0%31.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 717 found (avg $0.35, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Sep 20.100.11$0.119.1%346.9K0.127.9K
$766.00Sep 20.280.29$0.293.4%531.1K0.267.1K
$765.00Sep 20.660.67$0.671.5%465.2K0.4612.3K
$773.00Sep 30.060.07$0.0714.3%10.7K0.042.8K
$772.00Sep 30.100.11$0.119.1%14.3K0.062.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 20.100.11$0.119.1%311.5K0.105.0K
$761.00Sep 20.050.06$0.0616.7%217.3K0.056.3K
$763.00Sep 20.200.21$0.214.8%312.9K0.182.8K
$764.00Sep 20.410.42$0.422.4%482.1K0.332.9K
$765.00Sep 20.810.82$0.821.2%612.3K0.544.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,240 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2139.83139.88$139.860.0%21.0022
$685.00Sep 279.8379.88$79.850.1%101.00210
$690.00Sep 274.8374.88$74.850.1%81.00--
$695.00Sep 269.8369.88$69.850.1%61.00--
$700.00Sep 264.8364.88$64.850.1%41.002
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$777.00Sep 412.1312.17$12.150.3%1941.00104
$778.00Sep 413.1313.17$13.150.3%3861.004
$779.00Sep 414.1314.17$14.150.3%821.0018
$780.00Sep 415.1315.17$15.150.3%1201.0015
$781.00Sep 416.1316.17$16.150.2%7791.001

Most actively traded options today. High liquidity = easy entry/exit. 2,476 active (total vol 7.4M, top 612.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Sep 20.280.29$0.293.4%531.1K0.267.1K
$765.00Sep 20.660.67$0.671.5%465.2K0.4612.3K
$767.00Sep 20.100.11$0.119.1%346.9K0.127.9K
$768.00Sep 20.040.05$0.0520.0%269.3K0.065.3K
$764.00Sep 21.271.28$1.270.8%263.3K0.677.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 20.810.82$0.821.2%612.3K0.544.0K
$764.00Sep 20.410.42$0.422.4%482.1K0.332.9K
$763.00Sep 20.200.21$0.214.8%312.9K0.182.8K
$762.00Sep 20.100.11$0.119.1%311.5K0.105.0K
$766.00Sep 21.421.44$1.431.4%257.5K0.747.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 64.7%, max 72.9%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Sep 2Oct 1619.8%11.5%72.9%163.4K6.6K
$764.00Sep 2Oct 1618.7%11.3%65.4%263.4K8.3K
$765.00Sep 2Oct 1618.0%11.2%60.9%465.8K18.0K
$766.00Sep 2Oct 1617.7%11.1%59.7%531.3K12.2K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Sep 2Oct 1619.8%11.5%72.8%313.7K4.3K
$764.00Sep 2Oct 1618.7%11.3%65.4%482.2K4.0K
$765.00Sep 2Oct 1618.0%11.2%60.9%615.1K14.2K
$766.00Sep 2Oct 1617.7%11.1%59.8%258.0K11.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 764 found (best R:R 4.88, avg 4.49)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$725.00$726.00Sep 30$0.26$0.74$0.2689%2.85$725.26
$720.00$721.00Oct 2$0.31$0.69$0.3190%2.23$720.31
$724.00$725.00Oct 2$0.31$0.69$0.3188%2.23$724.31
$741.00$742.00Sep 18$0.34$0.66$0.3484%1.94$741.34
$734.00$735.00Oct 2$0.35$0.65$0.3583%1.86$734.35
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$789.00$787.00Oct 2$0.34$1.66$0.3485%4.88$788.66
$785.00$775.00Oct 9$5.81$4.19$5.8177%0.72$779.19
$775.00$770.00Sep 16$2.25$2.75$2.2573%1.22$772.75
$788.00$786.00Sep 25$0.89$1.11$0.8989%1.25$787.11
$797.00$795.00Oct 16$0.95$1.05$0.9586%1.11$796.05

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 575 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$2.74$2.74$2.2650%1.21$767.74
$765.00$770.00Sep 14$2.66$2.66$2.3450%1.14$767.66
$770.00$775.00Sep 14$1.83$1.83$3.1764%0.58$771.83
$770.00$775.00Sep 15$1.90$1.90$3.1063%0.61$771.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$764.00$763.00Sep 2$0.21$0.21$0.7967%0.27$763.79
$761.00$760.00Sep 3$0.19$0.19$0.8176%0.23$760.81
$759.00$758.00Sep 3$0.11$0.11$0.8985%0.12$758.89
$758.00$757.00Sep 4$0.14$0.14$0.8682%0.16$757.86
$760.00$759.00Sep 3$0.14$0.14$0.8681%0.16$759.86

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $1.28, cheapest $1.23)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 2Sep 3$1.3118.7%12.4%
$765.00Sep 2Sep 3$1.3318.0%12.6%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 2Sep 3$1.2318.7%12.4%
$765.00Sep 2Sep 3$1.2518.0%12.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,051 found (cheapest 0.19% of stock, avg 3.91%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$765.00Sep 2$0.67$0.82$1.49$763.51$766.490.19%
$764.00Sep 2$1.27$0.42$1.69$762.31$765.690.22%
$766.00Sep 2$0.29$1.43$1.72$764.28$767.720.22%
$763.00Sep 2$2.07$0.21$2.28$760.72$765.280.30%
$767.00Sep 2$0.11$2.26$2.37$764.63$769.370.31%
$762.00Sep 2$2.96$0.11$3.07$758.93$765.070.40%
$768.00Sep 2$0.05$3.19$3.24$764.76$771.240.42%
$761.00Sep 2$3.92$0.06$3.98$757.02$764.980.52%
$765.00Sep 3$2.00$2.07$4.07$760.93$769.070.53%
$766.00Sep 3$1.49$2.56$4.05$761.95$770.050.53%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 381 found (cheapest 0.01% of stock, avg 1.38%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$768.00$761.00Sep 2$0.05$0.06$0.11$760.89$768.11
$768.00$762.00Sep 2$0.05$0.11$0.16$761.84$768.16
$767.00$761.00Sep 2$0.11$0.06$0.17$760.83$767.17
$767.00$762.00Sep 2$0.11$0.11$0.22$761.78$767.22
$768.00$763.00Sep 2$0.05$0.21$0.26$762.74$768.26
$767.00$763.00Sep 2$0.11$0.21$0.32$762.68$767.32
$766.00$762.00Sep 2$0.29$0.11$0.40$761.60$766.40
$766.00$761.00Sep 2$0.29$0.06$0.35$760.65$766.35
$766.00$763.00Sep 2$0.29$0.21$0.50$762.50$766.50
$768.00$764.00Sep 2$0.05$0.42$0.47$763.53$768.47

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 352 found (best R:R 1.17, avg credit $0.56)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
735/736773/774Sep 25$0.54$0.4649%1.17$735.46$773.54
734/735773/774Sep 25$0.53$0.4750%1.13$734.47$773.53
736/737773/774Sep 25$0.54$0.4648%1.17$736.46$773.54
738/739773/774Sep 25$0.55$0.4547%1.22$738.45$773.55
735/736774/775Sep 25$0.51$0.4951%1.04$735.49$774.51
737/738773/774Sep 25$0.54$0.4648%1.17$737.46$773.54
731/732774/775Sep 30$0.52$0.4850%1.08$731.48$774.52
748/749772/773Sep 11$0.46$0.5456%0.85$748.54$772.46
748/749771/772Sep 11$0.49$0.5152%0.96$748.51$771.49
740/741774/775Sep 18$0.48$0.5253%0.92$740.52$774.48

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 271 found (best R:R 229.77, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$620.00$650.00$680.00Oct 9$0.13$29.874%229.77
$755.00$760.00$765.00Sep 14$0.51$4.4924%8.80
$750.00$755.00$760.00Sep 14$0.34$4.6618%13.71
$755.00$760.00$765.00Sep 15$0.49$4.5123%9.20
$750.00$755.00$760.00Sep 15$0.33$4.6717%14.15
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.52$4.4824%8.62
$755.00$760.00$765.00Sep 15$0.49$4.5123%9.20
$750.00$755.00$760.00Sep 15$0.34$4.6617%13.71
$755.00$760.00$765.00Sep 16$0.45$4.5521%10.11
$750.00$755.00$760.00Sep 14$0.37$4.6318%12.51

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,061 found (best net $-19.84, 1,042 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 2-$19.84$40.16
$725.00$745.001:2Sep 15-$3.88$16.12
$770.00$775.001:2Sep 15-$0.06$4.94
$765.00$770.001:2Sep 14-$0.84$4.16
$770.00$775.001:2Sep 16-$0.54$4.46
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$845.00$809.001:2Sep 2-$8.15$27.85
$895.00$845.001:2Sep 2-$30.16$19.84
$800.00$785.001:2Sep 8-$5.16$9.84
$880.00$841.001:2Sep 4-$37.15$1.85
$766.00$765.001:2Sep 2-$0.21$0.79

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 307 found (best yield 1.89%, avg 0.46%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$765.00Oct 16$14.430.490.0%1.89%1.90%5525.8K
$766.00Oct 16$13.820.470.1%1.81%1.95%2265.1K
$767.00Oct 16$13.220.470.3%1.73%2.01%3475.5K
$768.00Oct 16$12.640.460.4%1.65%2.06%1153.2K
$769.00Oct 16$12.070.450.5%1.58%2.12%2761.9K
$770.00Oct 16$11.510.440.7%1.50%2.18%4509.8K
$771.00Oct 16$10.970.430.8%1.43%2.24%431.8K
$772.00Oct 16$10.440.410.9%1.36%2.30%931.7K
$773.00Oct 16$9.930.401.1%1.30%2.36%5641.4K
$774.00Oct 16$9.430.391.2%1.23%2.43%581.2K

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 3,367,976
Total Puts 4,034,488
Put/Call Ratio 1.20
Net Difference -666,512

Prior's Put/Call Breakdown

Total Calls 3,301,676
Total Puts 4,011,993
Put/Call Ratio 1.22
Net Difference -710,317

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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