Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$767.86 +0.35%
9/3 10:10

Option Volume

Detail
Current (09/03 10:10am) 1,988,614
Calls: 998,564 (50%)
Puts: 990,050 (50%)
Prior (09/02) 1,383,901
Calls: 727,997 (53%)
Puts: 655,904 (47%)
Current vs Prior +43.70%
Calls: +37.17% (Calls)
Puts: +50.94% (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 -79.34%
Calls: -78.22%
Puts: -80.35%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03 10:10am) $318.68M
Calls: $135.87M (43%)
Puts: $182.81M (57%)
Prior (09/02) $225.76M
Calls: $151.66M (67%)
Puts: $74.10M (33%)
Current vs Prior +41.16%
Calls: -10.41%
Puts: +146.71%
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 -70.28%
Calls: -75.94%
Puts: -63.98%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/03 10:10am) 0.99
Prior (09/02) 0.90
Current vs Prior +10.05%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -10.13%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/03 10:10am) 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% | 0.68%0.68% | 1.05%0.68% | 1.37%1.88% | 3.57%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -32.10% | -14.77%+240.82% | +31.61%-14.77% | -0.92%+1.26% | -1.14%
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 -34.37% | -15.28%+75.85% | +24.43%-16.41% | -7.74%-18.97% | -7.07%
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 -32.10% | -14.77%+240.82% | +31.61%-14.77% | -0.92%+1.26% | -1.14%
Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 1.40% | 0.79%
Calls: 1.17% | 0.67%
Puts: 1.64% | 0.90%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior +25.00% | -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 -6.04% | -33.05%
Liquidity Excellent
+
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🤖 AI Insights

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
10:10BEARISHNEUTRALMIXED
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 2,259 of results (avg 2.3%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3142.77142.94$142.860.1%--1.0022
$620.00Sep 4147.99148.20$148.100.1%--1.0023
$630.00Sep 4138.00138.21$138.110.2%--1.0010
$625.00Sep 4142.99143.21$143.100.2%--1.0026
$635.00Sep 4133.00133.21$133.110.2%--1.0016
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 114.654.66$4.660.2%1.5K0.503.2K
$769.00Oct 1613.0313.06$13.050.2%1630.531.3K
$771.00Oct 211.7211.75$11.740.3%800.56267
$774.00Oct 1615.3115.35$15.330.3%--0.58970
$768.00Sep 187.567.58$7.570.3%1.2K0.522.9K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 718 found (avg $0.34, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Sep 30.080.09$0.0911.1%79.3K0.076.4K
$773.00Sep 30.050.06$0.0616.7%43.6K0.044.3K
$771.00Sep 30.170.18$0.185.6%129.0K0.127.8K
$770.00Sep 30.340.35$0.352.9%184.7K0.218.0K
$769.00Sep 30.650.66$0.661.5%111.9K0.332.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 30.360.37$0.372.7%50.1K0.219.6K
$764.00Sep 30.250.26$0.263.8%36.9K0.146.0K
$761.00Sep 30.080.09$0.0911.1%12.6K0.055.0K
$763.00Sep 30.170.18$0.185.6%27.3K0.106.4K
$762.00Sep 30.120.13$0.137.7%33.5K0.077.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,054 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3142.77142.94$142.860.1%--1.0022
$620.00Sep 4147.99148.20$148.100.1%--1.0023
$625.00Sep 4142.99143.21$143.100.2%--1.0026
$630.00Sep 4138.00138.21$138.110.2%--1.0010
$635.00Sep 4133.00133.21$133.110.2%--1.0016
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$775.00Sep 37.097.26$7.182.4%6301.008
$776.00Sep 38.098.25$8.172.0%1981.00--
$777.00Sep 39.079.25$9.162.0%791.001
$778.00Sep 310.0810.24$10.161.6%371.001
$779.00Sep 311.0711.24$11.161.5%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,878 active (total vol 2.0M, top 184.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 30.340.35$0.352.9%184.7K0.218.0K
$771.00Sep 30.170.18$0.185.6%129.0K0.127.8K
$769.00Sep 30.650.66$0.661.5%111.9K0.332.9K
$772.00Sep 30.080.09$0.0911.1%79.3K0.076.4K
$768.00Sep 31.101.11$1.110.9%45.2K0.477.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 31.211.23$1.221.6%125.5K0.531.2K
$769.00Sep 31.751.77$1.761.1%117.1K0.671.8K
$767.00Sep 30.820.83$0.831.2%65.8K0.401.8K
$770.00Sep 32.442.47$2.461.2%52.1K0.791.5K
$765.00Sep 30.360.37$0.372.7%50.1K0.219.6K

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 35.5%, max 45.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$765.00Sep 3Oct 1616.7%11.5%45.5%3.4K10.4K
$766.00Sep 3Oct 1615.8%11.3%38.9%6.2K11.7K
$767.00Sep 3Oct 1615.0%11.2%33.6%15.2K11.9K
$768.00Sep 3Oct 1614.6%11.1%31.7%45.2K10.8K
$769.00Sep 3Oct 1614.1%11.0%28.0%112.0K4.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$765.00Sep 3Oct 1616.7%11.5%45.5%50.5K20.2K
$766.00Sep 3Oct 1615.8%11.3%38.9%38.8K9.5K
$767.00Sep 3Oct 1615.0%11.2%33.6%65.8K7.5K
$768.00Sep 3Oct 1614.6%11.1%31.7%125.9K4.6K
$769.00Sep 3Oct 1614.1%11.0%28.0%117.2K3.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 736 found (best R:R 9.00, avg 4.93)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$742.00$743.00Sep 11$0.10$0.90$0.1094%9.00$742.10
$731.00$732.00Oct 16$0.11$0.89$0.1183%8.09$731.11
$720.00$721.00Oct 16$0.20$0.80$0.2087%4.00$720.20
$733.00$734.00Sep 30$0.27$0.73$0.2788%2.70$733.27
$728.00$729.00Oct 2$0.29$0.71$0.2989%2.45$728.29
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$785.00$784.00Sep 18$0.24$0.76$0.2486%3.17$784.76
$797.00$795.00Oct 16$1.15$0.85$1.1583%0.74$795.85
$780.00$775.00Sep 17$3.16$1.84$3.1677%0.58$776.84
$785.00$777.00Oct 9$5.12$2.88$5.1273%0.56$779.88
$770.00$765.00Sep 17$1.95$3.05$1.9554%1.56$768.05

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 556 found (best R:R 0.94, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 17$2.42$2.42$2.5854%0.94$772.42
$770.00$775.00Sep 15$2.28$2.28$2.7256%0.84$772.28
$770.00$775.00Sep 14$2.22$2.22$2.7856%0.80$772.22
$770.00$775.00Sep 16$2.36$2.36$2.6455%0.89$772.36
$775.00$780.00Sep 17$1.72$1.72$3.2866%0.52$776.72
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$761.00$760.00Sep 4$0.10$0.10$0.9085%0.11$760.90
$752.00$751.00Sep 11$0.10$0.10$0.9086%0.11$751.90
$762.00$761.00Sep 4$0.12$0.12$0.8882%0.14$761.88
$763.00$762.00Sep 4$0.15$0.15$0.8578%0.18$762.85
$764.00$763.00Sep 4$0.19$0.19$0.8174%0.23$763.81

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.11, cheapest $0.98)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Sep 3Sep 4$1.2815.0%12.8%
$768.00Sep 3Sep 4$1.2814.6%12.5%
$769.00Sep 3Sep 4$1.2114.1%12.8%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Sep 3Sep 4$0.9815.0%12.8%
$768.00Sep 3Sep 4$0.9914.6%12.5%
$769.00Sep 3Sep 4$0.9314.1%12.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 890 found (cheapest 0.30% of stock, avg 3.85%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$768.00Sep 3$1.11$1.22$2.33$765.67$770.330.30%
$769.00Sep 3$0.66$1.76$2.42$766.58$771.420.32%
$767.00Sep 3$1.71$0.83$2.54$764.46$769.540.33%
$770.00Sep 3$0.35$2.46$2.81$767.19$772.810.37%
$766.00Sep 3$2.44$0.55$2.99$763.01$768.990.39%
$771.00Sep 3$0.18$3.29$3.47$767.53$774.470.45%
$765.00Sep 3$3.26$0.37$3.63$761.37$768.630.47%
$772.00Sep 3$0.09$4.22$4.31$767.69$776.310.56%
$764.00Sep 3$4.14$0.26$4.40$759.60$768.400.57%
$769.00Sep 4$1.87$2.69$4.56$764.44$773.560.59%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 390 found (cheapest 0.04% of stock, avg 1.32%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$772.00$763.00Sep 3$0.09$0.18$0.27$762.73$772.27
$771.00$763.00Sep 3$0.18$0.18$0.36$762.64$771.36
$772.00$764.00Sep 3$0.09$0.26$0.35$763.65$772.35
$771.00$764.00Sep 3$0.18$0.26$0.44$763.56$771.44
$772.00$765.00Sep 3$0.09$0.37$0.46$764.54$772.46
$771.00$765.00Sep 3$0.18$0.37$0.55$764.45$771.55
$770.00$763.00Sep 3$0.35$0.18$0.53$762.47$770.53
$770.00$764.00Sep 3$0.35$0.26$0.61$763.39$770.61
$770.00$765.00Sep 3$0.35$0.37$0.72$764.28$770.72
$772.00$766.00Sep 3$0.09$0.55$0.64$765.36$772.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 402 found (best R:R 1.17, avg credit $0.67)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
735/736777/778Oct 2$0.54$0.4648%1.17$735.46$777.54
737/738777/778Sep 25$0.49$0.5153%0.96$737.51$777.49
737/738777/778Oct 2$0.55$0.4547%1.22$737.45$777.55
735/736776/777Sep 30$0.53$0.4748%1.13$735.47$776.53
739/740777/778Oct 2$0.56$0.4445%1.27$739.44$777.56
744/745775/776Sep 18$0.51$0.4950%1.04$744.49$775.51
737/738776/777Sep 25$0.50$0.5051%1.00$737.50$776.50
736/737776/777Sep 30$0.53$0.4748%1.13$736.47$776.53
739/740776/777Sep 30$0.55$0.4546%1.22$739.45$776.55
740/741777/778Sep 25$0.50$0.5051%1.00$740.50$777.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 256 found (best R:R 11.82, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 15$0.39$4.6120%11.82
$755.00$760.00$765.00Sep 16$0.38$4.6219%12.16
$750.00$755.00$760.00Sep 14$0.27$4.7315%17.52
$760.00$765.00$770.00Sep 15$0.59$4.4125%7.47
$755.00$760.00$765.00Sep 14$0.46$4.5421%9.87
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 15$0.42$4.5820%10.90
$755.00$760.00$765.00Sep 14$0.45$4.5521%10.11
$755.00$760.00$765.00Sep 16$0.40$4.6019%11.50
$750.00$755.00$760.00Sep 14$0.30$4.7015%15.67
$760.00$765.00$770.00Sep 14$0.66$4.3427%6.58

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,045 found (best net $-22.84, 1,025 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 3-$22.84$37.16
$685.00$718.001:2Sep 3-$16.85$16.15
$770.00$775.001:2Sep 14-$0.22$4.78
$770.00$775.001:2Sep 15-$0.48$4.52
$775.00$780.001:2Sep 16-$0.21$4.79
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$798.00$787.001:2Sep 8-$8.13$2.87
$794.00$785.001:2Sep 9-$8.14$0.86
$720.00$700.001:2Sep 17-$0.06$19.94
$770.00$765.001:2Sep 14-$2.00$3.00
$765.00$760.001:2Sep 14-$1.34$3.66

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 300 found (best yield 1.85%, avg 0.45%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$768.00Oct 16$14.170.480.0%1.85%1.86%243.7K
$769.00Oct 16$13.570.470.1%1.77%1.92%511.9K
$770.00Oct 16$12.980.470.3%1.69%1.97%1689.9K
$771.00Oct 16$12.410.460.4%1.62%2.03%41.7K
$772.00Oct 16$11.850.450.5%1.54%2.08%131.7K
$773.00Oct 16$11.300.430.7%1.47%2.14%171.4K
$774.00Oct 16$10.770.420.8%1.40%2.20%101.2K
$775.00Oct 16$10.250.410.9%1.33%2.26%4415.0K
$776.00Oct 16$9.750.401.1%1.27%2.33%71.4K
$777.00Oct 16$9.270.391.2%1.21%2.40%26908

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 998,564
Total Puts 990,050
Put/Call Ratio 0.99
Net Difference 8,514

Prior's Put/Call Breakdown

Total Calls 727,997
Total Puts 655,904
Put/Call Ratio 0.90
Net Difference 72,093

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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