Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$764.80 +0.40%
9/2 14:45

Option Volume

Detail
Current (09/02 2:45pm) 7,475,193
Calls: 3,394,932 (45%)
Puts: 4,080,261 (55%)
Prior (08/31) 7,467,079
Calls: 3,367,423 (45%)
Puts: 4,099,656 (55%)
Current vs Prior +0.11%
Calls: +0.82% (Calls)
Puts: -0.47% (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 -22.08%
Calls: -25.60%
Puts: -18.90%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/02 2:45pm) $895.71M
Calls: $476.83M (53%)
Puts: $418.88M (47%)
Prior (08/31) $694.50M
Calls: $266.68M (38%)
Puts: $427.82M (62%)
Current vs Prior +28.97%
Calls: +78.80%
Puts: -2.09%
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 -14.58%
Calls: -12.99%
Puts: -16.33%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 2:45pm) 1.20
Prior (08/31) 1.22
Current vs Prior -1.28%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg +8.47%
Sentiment BEARISH

Open Interest

Detail
Current (09/02 2:45pm) 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 0.27% | 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 -55.25% | -27.70%-55.25% | -24.05%-24.05% | -15.14%-7.24% | -6.07%
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 -48.43% | -19.44%-28.96% | -2.49%-5.80% | -5.46%-16.68% | -7.38%
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 -55.25% | -27.70%-55.25% | -24.05%-24.05% | -15.14%-7.24% | -6.07%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.00% | 0.68%
Calls: 0.80% | 0.39%
Puts: 1.20% | 0.96%
Prior 1.07% | 0.60%
Calls: 1.20% | 0.87%
Puts: 0.94% | 0.34%
Current vs Prior -6.54% | +13.33%
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% | -46.58%
Liquidity Excellent
+
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🤖 AI Insights

Bearish P/C ratio of 1.20 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 NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
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
14:45BULLISHBEARISHBEARISH
14:40BULLISHBEARISHBEARISH
14:35BULLISHBEARISHBEARISH
14:30BULLISHBEARISHBEARISH
14:25BULLISHBEARISHBEARISH
14:20BULLISHBEARISHBEARISH
14:15BULLISHBEARISHBEARISH
14:10BULLISHBEARISHBEARISH
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13:55BULLISHBEARISHBEARISH
13:50BULLISHBEARISHBEARISH
13:45BULLISHBEARISHBEARISH
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12:00BULLISHBEARISHBEARISH
11:55BULLISHBEARISHBEARISH
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11:45BULLISHBEARISHBEARISH
11:40BULLISHNEUTRALMIXED
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10:45BULLISHNEUTRALBULLISH
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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 2,441 of results (avg 2.2%, best 0.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3139.88139.91$139.890.0%241.0022
$635.00Sep 4130.17130.20$130.190.0%101.0011
$650.00Sep 4115.18115.21$115.200.0%--1.0027
$620.00Sep 4145.16145.20$145.180.0%--1.0023
$625.00Sep 4140.16140.20$140.180.0%241.005
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$915.00Sep 4150.14150.18$150.160.0%11.00--
$905.00Sep 4140.14140.18$140.160.0%11.00--
$900.00Sep 4135.14135.18$135.160.0%11.00--
$895.00Sep 4130.14130.18$130.160.0%31.00--
$890.00Sep 4125.14125.18$125.160.0%41.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 715 found (avg $0.35, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Sep 20.100.11$0.119.1%349.1K0.117.9K
$766.00Sep 20.270.28$0.283.6%536.4K0.257.1K
$765.00Sep 20.650.66$0.661.5%470.9K0.4512.3K
$773.00Sep 30.060.07$0.0714.3%10.8K0.042.8K
$772.00Sep 30.100.11$0.119.1%14.8K0.062.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Sep 20.050.06$0.0616.7%219.0K0.066.3K
$762.00Sep 20.100.11$0.119.1%314.4K0.105.0K
$763.00Sep 20.200.21$0.214.8%316.2K0.192.8K
$764.00Sep 20.410.42$0.422.4%492.6K0.342.9K
$765.00Sep 20.820.83$0.831.2%622.1K0.554.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,242 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 2139.79139.86$139.820.1%21.0022
$625.00Sep 3139.88139.91$139.890.0%241.0022
$635.00Sep 3129.88129.92$129.900.0%81.006
$620.00Sep 4145.16145.20$145.180.0%--1.0023
$625.00Sep 4140.16140.20$140.180.0%241.005
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 25.155.22$5.191.3%2.7K1.00355
$771.00Sep 26.206.21$6.210.2%6731.007
$772.00Sep 27.157.21$7.180.8%4441.00112
$773.00Sep 28.178.21$8.190.5%2451.0029
$774.00Sep 29.179.21$9.190.4%671.003

Most actively traded options today. High liquidity = easy entry/exit. 2,481 active (total vol 7.5M, top 622.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Sep 20.270.28$0.283.6%536.4K0.257.1K
$765.00Sep 20.650.66$0.661.5%470.9K0.4512.3K
$767.00Sep 20.100.11$0.119.1%349.1K0.117.9K
$768.00Sep 20.040.05$0.0520.0%270.0K0.055.3K
$764.00Sep 21.251.26$1.250.8%265.4K0.667.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 20.820.83$0.831.2%622.1K0.554.0K
$764.00Sep 20.410.42$0.422.4%492.6K0.342.9K
$763.00Sep 20.200.21$0.214.8%316.2K0.192.8K
$762.00Sep 20.100.11$0.119.1%314.4K0.105.0K
$766.00Sep 21.441.47$1.462.1%259.9K0.767.1K

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 69.2%, max 78.4%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Sep 2Oct 1620.4%11.4%78.4%163.7K6.6K
$764.00Sep 2Oct 1619.1%11.3%68.5%265.4K8.3K
$765.00Sep 2Oct 1618.6%11.2%66.0%471.4K18.0K
$766.00Sep 2Oct 1618.1%11.1%63.8%536.7K12.2K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$763.00Sep 2Oct 1620.4%11.4%78.4%317.0K4.3K
$764.00Sep 2Oct 1619.1%11.3%68.5%492.7K4.0K
$765.00Sep 2Oct 1618.6%11.2%66.0%625.0K14.2K
$766.00Sep 2Oct 1618.1%11.1%63.8%260.4K11.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 772 found (best R:R 0.69, avg 4.48)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$725.00$726.00Sep 30$0.12$0.88$0.1289%7.33$725.12
$739.00$740.00Sep 18$0.14$0.86$0.1486%6.14$739.14
$728.00$729.00Sep 30$0.19$0.81$0.1988%4.26$728.19
$664.00$665.00Sep 30$0.40$0.60$0.40100%1.50$664.40
$732.00$733.00Oct 16$0.20$0.80$0.2080%4.00$732.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$785.00$775.00Oct 9$5.90$4.10$5.9077%0.69$779.10
$775.00$770.00Sep 16$2.32$2.68$2.3274%1.16$772.68
$785.00$784.00Sep 3$0.16$0.84$0.16100%5.25$784.84
$789.00$788.00Sep 3$0.16$0.84$0.16100%5.25$788.84
$793.00$792.00Sep 3$0.16$0.84$0.16100%5.25$792.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 573 found (best R:R 1.21, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$770.00Sep 16$2.74$2.74$2.2650%1.21$767.74
$765.00$770.00Sep 15$2.68$2.68$2.3250%1.16$767.68
$765.00$770.00Sep 14$2.65$2.65$2.3550%1.13$767.65
$770.00$775.00Sep 15$1.90$1.90$3.1063%0.61$771.90
$770.00$775.00Sep 14$1.82$1.82$3.1864%0.57$771.82
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$764.00$763.00Sep 2$0.21$0.21$0.7966%0.27$763.79
$759.00$758.00Sep 3$0.11$0.11$0.8984%0.12$758.89
$761.00$760.00Sep 3$0.19$0.19$0.8175%0.23$760.81
$760.00$759.00Sep 3$0.14$0.14$0.8680%0.16$759.86
$757.00$756.00Sep 4$0.11$0.11$0.8984%0.12$756.89

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $1.29, cheapest $1.25)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 2Sep 3$1.3219.1%12.4%
$765.00Sep 2Sep 3$1.3318.6%12.7%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 2Sep 3$1.2519.1%12.4%
$765.00Sep 2Sep 3$1.2618.6%12.7%

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$0.66$0.83$1.49$763.51$766.490.19%
$764.00Sep 2$1.25$0.42$1.67$762.33$765.670.22%
$766.00Sep 2$0.28$1.46$1.74$764.26$767.740.23%
$763.00Sep 2$2.04$0.21$2.25$760.75$765.250.29%
$767.00Sep 2$0.11$2.28$2.39$764.61$769.390.31%
$762.00Sep 2$2.93$0.11$3.04$758.96$765.040.40%
$768.00Sep 2$0.05$3.24$3.29$764.71$771.290.43%
$761.00Sep 2$3.89$0.06$3.95$757.05$764.950.52%
$765.00Sep 3$1.99$2.09$4.08$760.92$769.080.53%
$766.00Sep 3$1.49$2.59$4.08$761.92$770.080.53%

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
$767.00$761.00Sep 2$0.11$0.06$0.17$760.83$767.17
$768.00$762.00Sep 2$0.05$0.11$0.16$761.84$768.16
$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$761.00Sep 2$0.28$0.06$0.34$760.66$766.34
$766.00$762.00Sep 2$0.28$0.11$0.39$761.61$766.39
$766.00$763.00Sep 2$0.28$0.21$0.49$762.51$766.49
$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 1.13, avg credit $0.56)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
740/741772/773Sep 18$0.53$0.4749%1.13$740.47$772.53
736/737773/774Sep 25$0.54$0.4648%1.17$736.46$773.54
736/737774/775Sep 25$0.52$0.4850%1.08$736.48$774.52
739/740772/773Sep 18$0.52$0.4850%1.08$739.48$772.52
742/743772/773Sep 18$0.54$0.4648%1.17$742.46$772.54
743/744772/773Sep 18$0.55$0.4547%1.22$743.45$772.55
734/735773/774Sep 25$0.52$0.4850%1.08$734.48$773.52
731/732774/775Sep 30$0.52$0.4850%1.08$731.48$774.52
748/749771/772Sep 11$0.49$0.5152%0.96$748.51$771.49
733/734774/775Sep 30$0.53$0.4748%1.13$733.47$774.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 301 found (best R:R 68.77, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$620.00$650.00$680.00Oct 9$0.43$29.574%68.77
$750.00$755.00$760.00Sep 14$0.28$4.7218%16.86
$755.00$760.00$765.00Sep 15$0.46$4.5423%9.87
$755.00$760.00$765.00Sep 14$0.55$4.4524%8.09
$750.00$755.00$760.00Sep 15$0.35$4.6517%13.29
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.51$4.4924%8.80
$755.00$760.00$765.00Sep 15$0.50$4.5023%9.00
$750.00$755.00$760.00Sep 16$0.32$4.6816%14.62
$750.00$755.00$760.00Sep 15$0.35$4.6517%13.29
$750.00$755.00$760.00Sep 14$0.38$4.6218%12.16

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,056 found (best net $-19.84, 1,037 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 2-$19.84$40.16
$725.00$745.001:2Sep 15-$3.30$16.70
$770.00$775.001:2Sep 15-$0.05$4.95
$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-$8.18$27.82
$895.00$845.001:2Sep 2-$30.18$19.82
$800.00$785.001:2Sep 8-$5.16$9.84
$880.00$841.001:2Sep 4-$37.16$1.84
$766.00$765.001:2Sep 2-$0.20$0.80

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 306 found (best yield 1.88%, avg 0.46%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$765.00Oct 16$14.400.480.0%1.88%1.91%5575.8K
$766.00Oct 16$13.790.470.2%1.80%1.96%2265.1K
$767.00Oct 16$13.200.470.3%1.73%2.01%3475.5K
$768.00Oct 16$12.610.460.4%1.65%2.07%1153.2K
$769.00Oct 16$12.040.450.6%1.57%2.12%2761.9K
$770.00Oct 16$11.490.440.7%1.50%2.18%4519.8K
$771.00Oct 16$10.950.420.8%1.43%2.24%431.8K
$772.00Oct 16$10.410.410.9%1.36%2.30%931.7K
$773.00Oct 16$9.900.401.1%1.29%2.37%5641.4K
$774.00Oct 16$9.410.391.2%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 3,394,932
Total Puts 4,080,261
Put/Call Ratio 1.20
Net Difference -685,329

Prior's Put/Call Breakdown

Total Calls 3,367,423
Total Puts 4,099,656
Put/Call Ratio 1.22
Net Difference -732,233

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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