Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$768.19 +0.40%
9/3 10:05

Option Volume

Detail
Current (09/03 10:05am) 1,760,857
Calls: 899,273 (51%)
Puts: 861,584 (49%)
Prior (09/02) 1,164,379
Calls: 603,873 (52%)
Puts: 560,506 (48%)
Current vs Prior +51.23%
Calls: +48.92% (Calls)
Puts: +53.72% (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 -81.70%
Calls: -80.39%
Puts: -82.90%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03 10:05am) $287.07M
Calls: $131.25M (46%)
Puts: $155.82M (54%)
Prior (09/02) $191.32M
Calls: $128.69M (67%)
Puts: $62.63M (33%)
Current vs Prior +50.05%
Calls: +1.99%
Puts: +148.81%
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 -73.22%
Calls: -76.75%
Puts: -69.29%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/03 10:05am) 0.96
Prior (09/02) 0.93
Current vs Prior +3.22%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -13.15%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/03 10:05am) 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% | 1.03%0.67% | 1.36%1.89% | 3.57%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -32.82% | -16.29%+234.78% | +29.91%-16.28% | -1.62%+2.00% | -1.33%
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 -35.07% | -16.78%+72.73% | +22.82%-17.89% | -8.39%-18.38% | -7.25%
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 -32.82% | -16.29%+234.78% | +29.91%-16.28% | -1.62%+2.00% | -1.33%
Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 0.70% | 0.79%
Calls: 0.78% | 0.78%
Puts: 0.62% | 0.79%
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

Elevated premium activity with dollar volume up 50% vs prior. Above-average activity with volume up 51% vs prior. Put-heavy open interest (7,141,306 puts vs 2,526,461 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
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
10:05BEARISHNEUTRALMIXED
10:00BULLISHBULLISHBULLISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
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 2,243 of results (avg 2.4%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Sep 4148.33148.53$148.430.1%--1.0023
$625.00Sep 4143.33143.54$143.440.1%--1.0026
$635.00Sep 4133.34133.54$133.440.1%--1.0016
$630.00Sep 4138.33138.54$138.440.2%--1.0010
$625.00Sep 3143.07143.30$143.190.2%--1.0022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$759.00Sep 184.474.48$4.470.2%3960.343.0K
$770.00Oct 1613.3613.39$13.380.2%9780.538.8K
$728.00Oct 163.983.99$3.990.3%9.0K0.1718.8K
$763.00Sep 307.967.98$7.970.3%830.441.2K
$769.00Sep 187.907.92$7.910.3%5970.533.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 716 found (avg $0.34, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 30.050.06$0.0616.7%42.0K0.054.3K
$772.00Sep 30.100.11$0.119.1%69.1K0.086.4K
$771.00Sep 30.210.22$0.224.5%116.7K0.157.8K
$770.00Sep 30.430.44$0.442.3%165.7K0.258.0K
$769.00Sep 30.780.79$0.791.3%96.6K0.382.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 30.110.12$0.128.3%26.2K0.077.0K
$763.00Sep 30.160.17$0.175.9%24.0K0.096.4K
$764.00Sep 30.230.24$0.244.2%32.9K0.136.0K
$761.00Sep 30.080.09$0.0911.1%8.6K0.055.0K
$765.00Sep 30.340.35$0.352.9%41.9K0.199.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,046 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3143.07143.30$143.190.2%--1.0022
$685.00Sep 383.0783.30$83.190.3%11.0013
$718.00Sep 350.0850.25$50.170.3%21.0032
$719.00Sep 349.0849.25$49.170.3%21.00--
$720.00Sep 348.0848.25$48.170.4%41.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$778.00Sep 49.739.92$9.821.9%9211.009
$779.00Sep 410.7310.91$10.821.7%5511.0015
$780.00Sep 411.7311.91$11.821.5%7801.0010
$781.00Sep 412.7212.92$12.821.6%8081.00--
$782.00Sep 413.7113.92$13.821.5%2351.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,845 active (total vol 1.8M, top 165.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 30.430.44$0.442.3%165.7K0.258.0K
$771.00Sep 30.210.22$0.224.5%116.7K0.157.8K
$769.00Sep 30.780.79$0.791.3%96.6K0.382.9K
$772.00Sep 30.100.11$0.119.1%69.1K0.086.4K
$773.00Sep 30.050.06$0.0616.7%42.0K0.054.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Sep 31.601.61$1.610.6%107.4K0.621.8K
$768.00Sep 31.111.12$1.120.9%103.6K0.491.2K
$770.00Sep 32.242.27$2.261.3%49.6K0.751.5K
$767.00Sep 30.750.76$0.761.3%48.4K0.361.8K
$765.00Sep 30.340.35$0.352.9%41.9K0.199.6K

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 36.8%, max 48.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$765.00Sep 3Oct 1617.1%11.6%48.2%3.1K10.4K
$766.00Sep 3Oct 1616.1%11.4%40.7%5.1K11.7K
$767.00Sep 3Oct 1615.4%11.3%36.0%11.8K11.9K
$768.00Sep 3Oct 1614.6%11.2%30.3%35.1K10.8K
$769.00Sep 3Oct 1614.3%11.1%28.9%96.6K4.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$765.00Sep 3Oct 1617.1%11.6%48.2%42.3K20.2K
$766.00Sep 3Oct 1616.1%11.4%40.7%30.7K9.5K
$767.00Sep 3Oct 1615.4%11.3%36.0%48.4K7.5K
$768.00Sep 3Oct 1614.6%11.2%30.3%103.8K4.6K
$769.00Sep 3Oct 1614.3%11.1%28.9%107.6K3.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 748 found (best R:R 8.09, avg 4.90)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$739.00$740.00Sep 30$0.25$0.75$0.2584%3.00$739.25
$735.00$736.00Sep 11$0.40$0.60$0.4096%1.50$735.40
$735.00$736.00Oct 16$0.25$0.75$0.2580%3.00$735.25
$737.00$738.00Oct 16$0.24$0.76$0.2479%3.17$737.24
$745.00$746.00Oct 16$0.19$0.81$0.1974%4.26$745.19
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$799.00$798.00Oct 16$0.11$0.89$0.1184%8.09$798.89
$793.00$791.00Sep 25$1.17$0.83$1.1790%0.71$791.83
$793.00$790.00Sep 30$1.99$1.01$1.9988%0.51$791.01
$790.00$789.00Oct 2$0.23$0.77$0.2383%3.35$789.77
$787.00$785.00Oct 2$0.98$1.02$0.9879%1.04$786.02

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 561 found (best R:R 0.98, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 17$2.47$2.47$2.5354%0.98$772.47
$770.00$775.00Sep 15$2.34$2.34$2.6655%0.88$772.34
$770.00$775.00Sep 14$2.28$2.28$2.7255%0.84$772.28
$770.00$775.00Sep 16$2.40$2.40$2.6054%0.92$772.40
$775.00$780.00Sep 17$1.76$1.76$3.2465%0.54$776.76
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$764.00Sep 3$0.11$0.11$0.8981%0.12$764.89
$752.00$751.00Sep 11$0.10$0.10$0.9086%0.11$751.90
$764.00$763.00Sep 4$0.18$0.18$0.8276%0.22$763.82
$762.00$761.00Sep 4$0.11$0.11$0.8983%0.12$761.89
$756.00$755.00Sep 10$0.12$0.12$0.8884%0.14$755.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.10, cheapest $0.93)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Sep 3Sep 4$1.2515.4%13.0%
$768.00Sep 3Sep 4$1.2814.6%12.7%
$769.00Sep 3Sep 4$1.2314.3%12.9%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Sep 3Sep 4$0.9315.4%13.0%
$768.00Sep 3Sep 4$0.9614.6%12.7%
$769.00Sep 3Sep 4$0.9314.3%12.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 882 found (cheapest 0.31% of stock, avg 3.87%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$768.00Sep 3$1.29$1.12$2.41$765.59$770.410.31%
$769.00Sep 3$0.79$1.61$2.40$766.60$771.400.31%
$767.00Sep 3$1.93$0.76$2.69$764.31$769.690.35%
$770.00Sep 3$0.44$2.26$2.70$767.30$772.700.35%
$766.00Sep 3$2.68$0.51$3.19$762.81$769.190.42%
$771.00Sep 3$0.22$3.05$3.27$767.73$774.270.43%
$765.00Sep 3$3.51$0.35$3.86$761.14$768.860.50%
$772.00Sep 3$0.11$3.93$4.04$767.96$776.040.53%
$769.00Sep 4$2.02$2.54$4.56$764.44$773.560.59%
$770.00Sep 4$1.55$3.08$4.63$765.37$774.630.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 385 found (cheapest 0.05% of stock, avg 1.33%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$772.00$764.00Sep 3$0.11$0.24$0.35$763.65$772.35
$771.00$764.00Sep 3$0.22$0.24$0.46$763.54$771.46
$772.00$765.00Sep 3$0.11$0.35$0.46$764.54$772.46
$771.00$765.00Sep 3$0.22$0.35$0.57$764.43$771.57
$772.00$766.00Sep 3$0.11$0.51$0.62$765.38$772.62
$770.00$764.00Sep 3$0.44$0.24$0.68$763.32$770.68
$770.00$765.00Sep 3$0.44$0.35$0.79$764.21$770.79
$771.00$766.00Sep 3$0.22$0.51$0.73$765.27$771.73
$770.00$766.00Sep 3$0.44$0.51$0.95$765.05$770.95
$772.00$767.00Sep 3$0.11$0.76$0.87$766.13$772.87

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 440 found (best R:R 1.17, avg credit $0.65)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
745/746775/776Sep 18$0.54$0.4648%1.17$745.46$775.54
743/744775/776Sep 18$0.52$0.4850%1.08$743.48$775.52
748/749775/776Sep 18$0.56$0.4446%1.27$748.44$775.56
746/747775/776Sep 18$0.54$0.4648%1.17$746.46$775.54
735/736778/779Sep 30$0.50$0.5051%1.00$735.50$778.50
737/738778/779Sep 30$0.51$0.4950%1.04$737.49$778.51
740/741778/779Sep 30$0.53$0.4748%1.13$740.47$778.53
745/746777/778Sep 18$0.48$0.5253%0.92$745.52$777.48
733/734778/779Oct 2$0.51$0.4950%1.04$733.49$778.51
745/746776/777Sep 18$0.50$0.5051%1.00$745.50$776.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 274 found (best R:R 12.51, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 15$0.37$4.6320%12.51
$755.00$760.00$765.00Sep 14$0.41$4.5920%11.20
$760.00$765.00$770.00Sep 17$0.46$4.5421%9.87
$750.00$755.00$760.00Sep 14$0.28$4.7215%16.86
$760.00$765.00$770.00Sep 14$0.64$4.3626%6.81
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 15$0.41$4.5920%11.20
$755.00$760.00$765.00Sep 14$0.44$4.5621%10.36
$750.00$755.00$760.00Sep 14$0.28$4.7215%16.86
$760.00$765.00$770.00Sep 14$0.63$4.3726%6.94
$755.00$760.00$765.00Sep 16$0.39$4.6118%11.82

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,049 found (best net $-23.19, 1,029 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 3-$23.19$36.81
$685.00$718.001:2Sep 3-$17.15$15.85
$770.00$775.001:2Sep 14-$0.29$4.71
$770.00$775.001:2Sep 15-$0.56$4.44
$775.00$780.001:2Sep 16-$0.27$4.73
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$798.00$787.001:2Sep 8-$7.81$3.19
$794.00$785.001:2Sep 9-$7.83$1.17
$720.00$700.001:2Sep 17-$0.06$19.94
$770.00$765.001:2Sep 14-$1.98$3.02
$765.00$760.001:2Sep 14-$1.32$3.68

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 294 found (best yield 1.80%, avg 0.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$769.00Oct 16$13.810.470.1%1.80%1.90%501.9K
$770.00Oct 16$13.220.470.2%1.72%1.96%1489.9K
$771.00Oct 16$12.640.460.4%1.65%2.01%11.7K
$772.00Oct 16$12.080.450.5%1.57%2.07%131.7K
$773.00Oct 16$11.530.440.6%1.50%2.13%171.4K
$774.00Oct 16$11.000.430.8%1.43%2.19%101.2K
$775.00Oct 16$10.470.420.9%1.36%2.25%4215.0K
$776.00Oct 16$9.970.401.0%1.30%2.31%61.4K
$777.00Oct 16$9.480.391.1%1.23%2.38%26908
$778.00Oct 16$9.000.381.3%1.17%2.45%192.9K

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 899,273
Total Puts 861,584
Put/Call Ratio 0.96
Net Difference 37,689

Prior's Put/Call Breakdown

Total Calls 603,873
Total Puts 560,506
Put/Call Ratio 0.93
Net Difference 43,367

Prior 7-Day Put/Call Summary

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

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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