Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$769.91 +0.62%
9/3 09:45

Option Volume

Detail
Current (09/03 9:45am) 831,318
Calls: 469,005 (56%)
Puts: 362,313 (44%)
Prior (09/02) 466,872
Calls: 226,101 (48%)
Puts: 240,771 (52%)
Current vs Prior +78.06%
Calls: +107.43% (Calls)
Puts: +50.48% (Puts)
Prior 7-Day Total 67,362,115
Calls: 32,092,991 (48%)
Puts: 35,269,124 (52%)
Prior 7-Day Average 9,623,159
Calls: 4,584,713 (48%)
Puts: 5,038,446 (52%)
Current vs Prior 7-Day Avg -91.36%
Calls: -89.77%
Puts: -92.81%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03 9:45am) $135.66M
Calls: $89.79M (66%)
Puts: $45.86M (34%)
Prior (09/02) $72.57M
Calls: $41.83M (58%)
Puts: $30.74M (42%)
Current vs Prior +86.93%
Calls: +114.68%
Puts: +49.18%
Prior 7-Day Total $7.50B
Calls: $3.95B (53%)
Puts: $3.55B (47%)
Prior 7-Day Average $1.07B
Calls: $564.64M (53%)
Puts: $507.47M (47%)
Current vs Prior 7-Day Avg -87.35%
Calls: -84.10%
Puts: -90.96%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/03 9:45am) 0.77
Prior (09/02) 1.06
Current vs Prior -27.46%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -29.98%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/03 9:45am) 9,667,767
Calls: 2,526,461 (26%)
Puts: 7,141,306 (74%)
Prior (09/02) 9,677,902
Calls: 2,556,486 (26%)
Puts: 7,121,416 (74%)
Current vs Prior -0.10%
Prior 7-Day Total 62,576,981
Calls: 17,019,883 (27%)
Puts: 45,557,098 (73%)
Prior 7-Day Average 8,939,568
Calls: 2,431,411 (27%)
Puts: 6,508,156 (73%)
Current vs Prior 7-Day Avg +8.15%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/03) | Next (09/04)Expiry (09/04) | Next (09/09)Expiry (09/04) | Next (09/11)Expiry (09/15) | Next (10/16)
Current 0.38% | 0.67%0.67% | 1.04%0.67% | 1.37%1.93% | 3.57%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -31.82% | -15.33%+238.60% | +30.61%-15.33% | -1.18%+4.43% | -1.26%
Prior 7-Day Avg 0.58% | 0.80%0.39% | 0.84%0.81% | 1.49%2.31% | 3.84%
Current vs 7-Day Avg -34.10% | -15.83%+74.71% | +23.47%-16.95% | -7.98%-16.44% | -7.19%
Prior 7-Day Eod 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs 7-Day Eod -31.82% | -15.33%+238.60% | +30.61%-15.33% | -1.18%+4.43% | -1.26%
Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 0.70% | 0.79%
Calls: 0.58% | 0.67%
Puts: 0.81% | 0.91%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior -37.50% | -12.22%
Prior 7-Day Avg 1.49% | 1.18%
Calls: 1.14% | 1.11%
Puts: 1.84% | 1.25%
Current vs 7-Day Avg -53.02% | -33.05%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bullish flow with 66% call dollar volume ($89.79M). Elevated premium activity with dollar volume up 87% vs prior. Above-average activity with volume up 78% vs prior. P/C ratio dropping 27% - sentiment shifting bullish.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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
09:45BULLISHBULLISHBULLISH
09:40BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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 2,080 of results (avg 2.6%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3144.75144.94$144.850.1%--1.0022
$620.00Sep 4150.00150.20$150.100.1%--1.0023
$625.00Sep 4145.00145.22$145.110.2%--1.0026
$635.00Sep 4135.01135.22$135.120.2%--1.0016
$630.00Sep 4140.00140.22$140.110.2%--1.0010
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Sep 188.008.02$8.010.2%560.542.7K
$751.00Sep 253.793.80$3.800.3%60.25885
$770.00Sep 187.557.57$7.560.3%2560.5216.5K
$773.00Sep 3011.2011.23$11.220.3%890.57255
$750.00Sep 253.633.64$3.640.3%970.248.6K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 732 found (avg $0.34, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$774.00Sep 30.080.09$0.0911.1%21.8K0.073.4K
$773.00Sep 30.170.18$0.185.6%24.2K0.124.3K
$772.00Sep 30.350.36$0.362.8%34.1K0.216.4K
$771.00Sep 30.650.66$0.661.5%60.9K0.337.8K
$780.00Sep 40.060.07$0.0714.3%2.6K0.0311.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 30.090.10$0.1010.0%10.7K0.066.4K
$766.00Sep 30.250.26$0.263.8%12.8K0.155.1K
$767.00Sep 30.370.38$0.382.6%18.3K0.211.8K
$765.00Sep 30.180.19$0.195.3%19.8K0.109.6K
$764.00Sep 30.130.14$0.147.1%16.0K0.076.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,004 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3144.75144.94$144.850.1%--1.0022
$685.00Sep 384.7584.94$84.850.2%--1.0013
$718.00Sep 351.7551.91$51.830.3%21.0032
$719.00Sep 350.7550.91$50.830.3%21.00--
$720.00Sep 349.7549.91$49.830.3%21.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$780.00Sep 410.0410.25$10.152.1%1241.0010
$782.00Sep 412.0412.25$12.151.7%11.00--
$783.00Sep 413.0513.25$13.151.5%501.00--
$785.00Sep 415.0515.25$15.151.3%51.008
$786.00Sep 416.0516.25$16.151.2%11.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,538 active (total vol 830.5K, top 82.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 31.111.12$1.120.9%82.8K0.468.0K
$771.00Sep 30.650.66$0.661.5%60.9K0.337.8K
$769.00Sep 31.711.72$1.720.6%54.5K0.592.9K
$772.00Sep 30.350.36$0.362.8%34.1K0.216.4K
$773.00Sep 30.170.18$0.185.6%24.2K0.124.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 30.560.57$0.561.8%33.0K0.301.2K
$769.00Sep 30.830.84$0.841.2%31.7K0.411.8K
$765.00Sep 30.180.19$0.195.3%19.8K0.109.6K
$767.00Sep 30.370.38$0.382.6%18.3K0.211.8K
$762.00Sep 30.070.08$0.0812.5%16.6K0.047.0K

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 31.2%, max 39.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$767.00Sep 3Oct 1616.0%11.4%39.7%7.8K11.9K
$768.00Sep 3Oct 1615.2%11.3%34.4%21.5K10.8K
$769.00Sep 3Oct 1614.4%11.2%28.7%54.5K4.8K
$770.00Sep 3Oct 1614.2%11.1%28.7%82.9K17.9K
$771.00Sep 3Oct 1613.6%11.0%24.4%60.9K9.5K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$767.00Sep 3Oct 1616.0%11.4%39.7%18.3K7.5K
$768.00Sep 3Oct 1615.2%11.3%34.3%33.2K4.6K
$769.00Sep 3Oct 1614.4%11.2%28.7%31.8K3.0K
$770.00Sep 3Oct 1614.2%11.1%28.7%15.5K10.4K
$771.00Sep 3Oct 1613.6%11.0%24.4%2.6K2.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 714 found (best R:R 9.53, avg 4.99)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$738.00$740.00Oct 9$0.19$1.81$0.1982%9.53$738.19
$755.00$758.00Oct 9$0.83$2.17$0.8368%2.61$755.83
$750.00$751.00Sep 18$0.14$0.86$0.1482%6.14$750.14
$750.00$752.00Sep 25$0.89$1.11$0.8978%1.25$750.89
$723.00$724.00Oct 16$0.25$0.75$0.2587%3.00$723.25
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$795.00$793.00Sep 30$1.01$0.99$1.0188%0.98$793.99
$786.00$785.00Sep 18$0.14$0.86$0.1484%6.14$785.86
$780.00$779.00Sep 11$0.22$0.78$0.2281%3.55$779.78
$781.00$780.00Sep 25$0.15$0.85$0.1572%5.67$780.85
$785.00$784.00Sep 30$0.23$0.77$0.2376%3.35$784.77

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 551 found (best R:R 1.16, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 17$2.69$2.69$2.3150%1.16$772.69
$770.00$775.00Sep 15$2.60$2.60$2.4050%1.08$772.60
$770.00$775.00Sep 16$2.65$2.65$2.3550%1.13$772.65
$770.00$775.00Sep 14$2.56$2.56$2.4451%1.05$772.56
$775.00$780.00Sep 14$1.69$1.69$3.3165%0.51$776.69
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$763.00$762.00Sep 4$0.10$0.10$0.9085%0.11$762.90
$764.00$763.00Sep 4$0.12$0.12$0.8882%0.14$763.88
$767.00$766.00Sep 3$0.12$0.12$0.8879%0.14$766.88
$766.00$765.00Sep 4$0.19$0.19$0.8174%0.23$765.81
$768.00$767.00Sep 4$0.29$0.29$0.7163%0.41$767.71

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.10, cheapest $0.97)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$770.00Sep 3Sep 4$1.2714.2%12.3%
$769.00Sep 3Sep 4$1.2614.4%12.5%
$771.00Sep 3Sep 4$1.2113.6%12.7%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$770.00Sep 3Sep 4$0.9714.2%12.3%
$769.00Sep 3Sep 4$0.9614.4%12.5%
$771.00Sep 3Sep 4$0.9113.6%12.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 839 found (cheapest 0.31% of stock, avg 3.94%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$770.00Sep 3$1.12$1.23$2.35$767.65$772.350.31%
$771.00Sep 3$0.66$1.77$2.43$768.57$773.430.32%
$769.00Sep 3$1.72$0.84$2.56$766.44$771.560.33%
$772.00Sep 3$0.36$2.48$2.84$769.16$774.840.37%
$768.00Sep 3$2.44$0.56$3.00$765.00$771.000.39%
$773.00Sep 3$0.18$3.30$3.48$769.52$776.480.45%
$767.00Sep 3$3.26$0.38$3.64$763.36$770.640.47%
$774.00Sep 3$0.09$4.21$4.30$769.70$778.300.56%
$766.00Sep 3$4.14$0.26$4.40$761.60$770.400.57%
$771.00Sep 4$1.87$2.68$4.55$766.45$775.550.59%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 395 found (cheapest 0.04% of stock, avg 1.31%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$774.00$765.00Sep 3$0.09$0.19$0.28$764.72$774.28
$773.00$765.00Sep 3$0.18$0.19$0.37$764.63$773.37
$774.00$766.00Sep 3$0.09$0.26$0.35$765.65$774.35
$773.00$766.00Sep 3$0.18$0.26$0.44$765.56$773.44
$774.00$767.00Sep 3$0.09$0.38$0.47$766.53$774.47
$773.00$767.00Sep 3$0.18$0.38$0.56$766.44$773.56
$772.00$765.00Sep 3$0.36$0.19$0.55$764.45$772.55
$772.00$766.00Sep 3$0.36$0.26$0.62$765.38$772.62
$772.00$767.00Sep 3$0.36$0.38$0.74$766.26$772.74
$774.00$768.00Sep 3$0.09$0.56$0.65$767.35$774.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 382 found (best R:R 1.08, avg credit $0.58)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
739/740778/779Sep 25$0.52$0.4851%1.08$739.48$778.52
738/739778/779Sep 30$0.54$0.4648%1.17$738.46$778.54
741/742778/779Sep 30$0.56$0.4446%1.27$741.44$778.56
744/745778/779Sep 30$0.58$0.4244%1.38$744.42$778.58
740/741778/779Sep 30$0.55$0.4547%1.22$740.45$778.55
739/740778/779Sep 30$0.54$0.4647%1.17$739.46$778.54
742/743778/779Sep 30$0.56$0.4445%1.27$742.44$778.56
746/747778/779Sep 30$0.59$0.4142%1.44$746.41$778.59
745/746778/779Sep 18$0.48$0.5253%0.92$745.52$778.48
745/746777/778Sep 18$0.50$0.5051%1.00$745.50$777.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 234 found (best R:R 12.89, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$760.00$765.00$770.00Sep 16$0.36$4.6422%12.89
$765.00$770.00$775.00Sep 14$0.75$4.2529%5.67
$765.00$770.00$775.00Sep 15$0.72$4.2827%5.94
$765.00$770.00$775.00Sep 17$0.57$4.4322%7.77
$765.00$770.00$775.00Sep 16$0.65$4.3524%6.69
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$760.00$765.00$770.00Sep 14$0.58$4.4225%7.62
$760.00$765.00$770.00Sep 15$0.55$4.4524%8.09
$755.00$760.00$765.00Sep 15$0.37$4.6318%12.51
$755.00$760.00$765.00Sep 14$0.39$4.6119%11.82
$760.00$765.00$770.00Sep 17$0.46$4.5421%9.87

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,053 found (best net $-24.85, 1,033 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 3-$24.85$35.15
$685.00$718.001:2Sep 3-$18.81$14.19
$755.00$765.001:2Sep 17-$2.98$7.02
$770.00$775.001:2Sep 14-$0.68$4.32
$775.00$780.001:2Sep 15-$0.06$4.94
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$800.00$785.001:2Sep 11$0.00$15.00
$794.00$782.001:2Sep 9-$0.20$11.80
$798.00$786.001:2Sep 8-$4.14$7.86
$780.00$770.001:2Sep 17-$0.32$9.68
$770.00$765.001:2Sep 14-$1.66$3.34

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 304 found (best yield 1.85%, avg 0.45%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$770.00Oct 16$14.220.480.0%1.85%1.86%839.9K
$771.00Oct 16$13.620.470.1%1.77%1.91%11.7K
$772.00Oct 16$13.030.470.3%1.69%1.96%41.7K
$773.00Oct 16$12.460.460.4%1.62%2.02%41.4K
$774.00Oct 16$11.900.450.5%1.55%2.08%51.2K
$775.00Oct 16$11.360.430.7%1.48%2.14%3215.0K
$776.00Oct 16$10.830.420.8%1.41%2.20%41.4K
$777.00Oct 16$10.310.410.9%1.34%2.26%11908
$778.00Oct 16$9.810.401.1%1.27%2.32%112.9K
$779.00Oct 16$9.330.391.2%1.21%2.39%61.9K

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 469,005
Total Puts 362,313
Put/Call Ratio 0.77
Net Difference 106,692

Prior's Put/Call Breakdown

Total Calls 226,101
Total Puts 240,771
Put/Call Ratio 1.06
Net Difference -14,670

Prior 7-Day Put/Call Summary

Total Calls 32,092,991
Total Puts 35,269,124
Average Put/Call Ratio 1.10
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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