Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$768.34 +0.41%
9/3 10:15

Option Volume

Detail
Current (09/03 10:15am) 2,197,840
Calls: 1,102,305 (50%)
Puts: 1,095,535 (50%)
Prior (09/02) 1,551,855
Calls: 822,187 (53%)
Puts: 729,668 (47%)
Current vs Prior +41.63%
Calls: +34.07% (Calls)
Puts: +50.14% (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 -77.16%
Calls: -75.96%
Puts: -78.26%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03 10:15am) $340.82M
Calls: $164.13M (48%)
Puts: $176.69M (52%)
Prior (09/02) $256.02M
Calls: $177.96M (70%)
Puts: $78.06M (30%)
Current vs Prior +33.12%
Calls: -7.77%
Puts: +126.34%
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 -68.21%
Calls: -70.93%
Puts: -65.18%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/03 10:15am) 0.99
Prior (09/02) 0.89
Current vs Prior +11.99%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -9.91%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/03 10:15am) 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 0.36% | 0.66%0.66% | 1.02%0.66% | 1.35%1.88% | 3.55%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -36.54% | -17.45%+230.15% | +28.74%-17.44% | -2.48%+1.56% | -1.75%
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 -38.67% | -17.94%+70.35% | +21.71%-19.02% | -9.19%-18.74% | -7.64%
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 -36.54% | -17.45%+230.15% | +28.74%-17.44% | -2.48%+1.56% | -1.75%
Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 0.73% | 0.60%
Calls: 0.76% | 0.38%
Puts: 0.70% | 0.83%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior -34.82% | -33.33%
Prior 7-Day Avg 1.49% | 1.18%
Calls: 1.14% | 1.11%
Puts: 1.84% | 1.25%
Current vs 7-Day Avg -51.01% | -49.15%
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
10:15BEARISHNEUTRALMIXED
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 2,262 of results (avg 2.4%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Sep 4148.52148.71$148.620.1%--1.0023
$767.00Oct 1615.0715.09$15.080.1%260.515.9K
$768.00Oct 1614.4514.47$14.460.1%1250.493.7K
$625.00Sep 4143.52143.72$143.620.1%--1.0026
$625.00Sep 3143.27143.47$143.370.1%--1.0022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 187.347.35$7.350.1%1.2K0.512.9K
$764.00Sep 185.825.83$5.830.2%1500.424.2K
$771.00Oct 211.4811.50$11.490.2%800.55267
$770.00Oct 211.0311.05$11.040.2%930.54469
$771.00Sep 3010.9811.00$10.990.2%1150.56343

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 723 found (avg $0.34, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 30.050.06$0.0616.7%45.6K0.054.3K
$772.00Sep 30.100.11$0.119.1%86.2K0.096.4K
$771.00Sep 30.210.22$0.224.5%135.2K0.157.8K
$770.00Sep 30.420.43$0.432.3%201.3K0.268.0K
$769.00Sep 30.780.79$0.791.3%131.0K0.402.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$764.00Sep 30.170.18$0.185.6%39.8K0.116.0K
$765.00Sep 30.260.27$0.273.7%56.8K0.169.6K
$762.00Sep 30.080.09$0.0911.1%36.3K0.057.0K
$763.00Sep 30.120.13$0.137.7%29.4K0.076.4K
$766.00Sep 30.400.41$0.412.4%48.6K0.235.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,061 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3143.27143.47$143.370.1%--1.0022
$620.00Sep 4148.52148.71$148.620.1%--1.0023
$625.00Sep 4143.52143.72$143.620.1%--1.0026
$630.00Sep 4138.52138.72$138.620.1%--1.0010
$635.00Sep 4133.53133.72$133.630.1%--1.0016
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$775.00Sep 36.566.74$6.652.7%6611.008
$776.00Sep 37.557.73$7.642.4%2061.00--
$777.00Sep 38.558.73$8.642.1%821.001
$778.00Sep 39.549.73$9.642.0%371.001
$779.00Sep 310.5410.73$10.641.8%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,905 active (total vol 2.2M, top 201.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 30.420.43$0.432.3%201.3K0.268.0K
$771.00Sep 30.210.22$0.224.5%135.2K0.157.8K
$769.00Sep 30.780.79$0.791.3%131.0K0.402.9K
$772.00Sep 30.100.11$0.119.1%86.2K0.096.4K
$768.00Sep 31.311.32$1.320.8%63.4K0.547.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 30.950.96$0.961.0%139.9K0.461.2K
$769.00Sep 31.421.43$1.420.7%123.4K0.601.8K
$767.00Sep 30.620.63$0.631.6%92.0K0.331.8K
$765.00Sep 30.260.27$0.273.7%56.8K0.169.6K
$770.00Sep 32.062.08$2.071.0%53.5K0.741.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 29.4%, max 43.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$765.00Sep 3Oct 1616.4%11.5%43.1%4.1K10.4K
$766.00Sep 3Oct 1615.5%11.4%36.0%7.5K11.7K
$767.00Sep 3Oct 1614.6%11.2%29.7%19.8K11.9K
$768.00Sep 3Oct 1613.8%11.1%23.9%63.5K10.8K
$769.00Sep 3Oct 1613.5%11.0%22.7%131.0K4.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$765.00Sep 3Oct 1616.4%11.5%43.1%57.5K20.2K
$766.00Sep 3Oct 1615.5%11.4%36.0%48.7K9.5K
$767.00Sep 3Oct 1614.6%11.2%29.7%92.0K7.5K
$768.00Sep 3Oct 1613.8%11.1%23.9%140.4K4.6K
$769.00Sep 3Oct 1613.5%11.0%22.7%123.6K3.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 734 found (best R:R 4.26, avg 4.87)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$724.00$725.00Oct 16$0.19$0.81$0.1986%4.26$724.19
$729.00$730.00Sep 18$0.29$0.71$0.2994%2.45$729.29
$737.00$738.00Oct 16$0.16$0.84$0.1680%5.25$737.16
$715.00$716.00Oct 16$0.28$0.72$0.2889%2.57$715.28
$747.00$748.00Sep 18$0.22$0.78$0.2283%3.55$747.22
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$791.00$790.00Sep 25$0.29$0.71$0.2989%2.45$790.71
$800.00$799.00Oct 16$0.28$0.72$0.2885%2.57$799.72
$785.00$777.00Oct 9$5.04$2.96$5.0473%0.59$779.96
$788.00$787.00Sep 18$0.43$0.57$0.4389%1.33$787.57
$775.00$770.00Sep 17$2.52$2.48$2.5265%0.98$772.48

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 552 found (best R:R 0.89, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 15$2.36$2.36$2.6454%0.89$772.36
$770.00$775.00Sep 17$2.48$2.48$2.5253%0.98$772.48
$770.00$775.00Sep 14$2.30$2.30$2.7054%0.85$772.30
$770.00$775.00Sep 16$2.42$2.42$2.5854%0.94$772.42
$775.00$780.00Sep 17$1.78$1.78$3.2265%0.55$776.78
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$762.00$761.00Sep 4$0.11$0.11$0.8984%0.12$761.89
$758.00$757.00Sep 8$0.10$0.10$0.9086%0.11$757.90
$766.00$765.00Sep 3$0.14$0.14$0.8677%0.16$765.86
$764.00$763.00Sep 4$0.17$0.17$0.8377%0.20$763.83
$767.00$766.00Sep 3$0.22$0.22$0.7867%0.28$766.78

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.14, cheapest $0.97)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Sep 3Sep 4$1.2714.6%12.8%
$768.00Sep 3Sep 4$1.3113.8%12.4%
$769.00Sep 3Sep 4$1.2813.5%12.7%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Sep 3Sep 4$0.9714.6%12.8%
$768.00Sep 3Sep 4$1.0113.8%12.4%
$769.00Sep 3Sep 4$0.9913.5%12.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 895 found (cheapest 0.29% of stock, avg 3.86%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$769.00Sep 3$0.79$1.42$2.21$766.79$771.210.29%
$768.00Sep 3$1.32$0.96$2.28$765.72$770.280.30%
$770.00Sep 3$0.43$2.07$2.50$767.50$772.500.33%
$767.00Sep 3$1.98$0.63$2.61$764.39$769.610.34%
$771.00Sep 3$0.22$2.86$3.08$767.92$774.080.40%
$766.00Sep 3$2.76$0.41$3.17$762.83$769.170.41%
$772.00Sep 3$0.11$3.75$3.86$768.14$775.860.50%
$765.00Sep 3$3.63$0.27$3.90$761.10$768.900.51%
$769.00Sep 4$2.07$2.41$4.48$764.52$773.480.58%
$770.00Sep 4$1.59$2.93$4.52$765.48$774.520.59%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 385 found (cheapest 0.04% of stock, avg 1.32%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$772.00$764.00Sep 3$0.11$0.18$0.29$763.71$772.29
$771.00$764.00Sep 3$0.22$0.18$0.40$763.60$771.40
$772.00$765.00Sep 3$0.11$0.27$0.38$764.62$772.38
$771.00$765.00Sep 3$0.22$0.27$0.49$764.51$771.49
$772.00$766.00Sep 3$0.11$0.41$0.52$765.48$772.52
$771.00$766.00Sep 3$0.22$0.41$0.63$765.37$771.63
$770.00$764.00Sep 3$0.43$0.18$0.61$763.39$770.61
$770.00$765.00Sep 3$0.43$0.27$0.70$764.30$770.70
$770.00$766.00Sep 3$0.43$0.41$0.84$765.16$770.84
$772.00$767.00Sep 3$0.11$0.63$0.74$766.26$772.74

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 426 found (best R:R 1.13, avg credit $0.62)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
744/745775/776Sep 18$0.53$0.4749%1.13$744.47$775.53
747/748775/776Sep 18$0.55$0.4547%1.22$747.45$775.55
737/738777/778Sep 30$0.53$0.4748%1.13$737.47$777.53
739/740777/778Sep 30$0.54$0.4647%1.17$739.46$777.54
736/737777/778Sep 30$0.52$0.4849%1.08$736.48$777.52
748/749775/776Sep 18$0.55$0.4546%1.22$748.45$775.55
741/742777/778Sep 30$0.55$0.4546%1.22$741.45$777.55
746/747775/776Sep 18$0.53$0.4748%1.13$746.47$775.53
749/750775/776Sep 18$0.56$0.4445%1.27$749.44$775.56
744/745776/777Sep 18$0.49$0.5152%0.96$744.51$776.49

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 284 found (best R:R 28.41, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 17$0.17$4.8317%28.41
$760.00$765.00$770.00Sep 15$0.49$4.5125%9.20
$755.00$760.00$765.00Sep 14$0.36$4.6420%12.89
$745.00$750.00$755.00Sep 14$0.09$4.9110%54.56
$760.00$765.00$770.00Sep 14$0.61$4.3926%7.20
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.42$4.5820%10.90
$755.00$760.00$765.00Sep 15$0.41$4.5920%11.20
$760.00$765.00$770.00Sep 14$0.65$4.3526%6.69
$750.00$755.00$760.00Sep 15$0.28$4.7214%16.86
$755.00$760.00$765.00Sep 16$0.40$4.6018%11.50

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 $-23.39, 1,028 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 3-$23.39$36.61
$685.00$718.001:2Sep 3-$17.40$15.60
$770.00$775.001:2Sep 14-$0.28$4.72
$770.00$775.001:2Sep 15-$0.55$4.45
$775.00$780.001:2Sep 16-$0.26$4.74
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$794.00$785.001:2Sep 9-$7.62$1.38
$770.00$765.001:2Sep 14-$1.88$3.12
$720.00$700.001:2Sep 17-$0.08$19.92
$765.00$760.001:2Sep 14-$1.27$3.73
$720.00$705.001:2Sep 16-$0.11$14.89

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 0.44%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$769.00Oct 16$13.840.480.1%1.80%1.89%511.9K
$770.00Oct 16$13.250.460.2%1.72%1.94%1849.9K
$771.00Oct 16$12.670.460.3%1.65%2.00%41.7K
$772.00Oct 16$12.100.450.5%1.57%2.05%141.7K
$773.00Oct 16$11.550.440.6%1.50%2.11%181.4K
$774.00Oct 16$11.010.430.7%1.43%2.17%321.2K
$775.00Oct 16$10.490.420.9%1.37%2.23%6315.0K
$776.00Oct 16$9.980.411.0%1.30%2.30%531.4K
$777.00Oct 16$9.490.391.1%1.24%2.36%26908
$778.00Oct 16$9.010.381.3%1.17%2.43%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 1,102,305
Total Puts 1,095,535
Put/Call Ratio 0.99
Net Difference 6,770

Prior's Put/Call Breakdown

Total Calls 822,187
Total Puts 729,668
Put/Call Ratio 0.89
Net Difference 92,519

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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