Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$768.63 +0.45%
9/3 10:25

Option Volume

Detail
Current (09/03 10:25am) 2,576,965
Calls: 1,329,725 (52%)
Puts: 1,247,240 (48%)
Prior (09/02) 2,072,006
Calls: 1,047,653 (51%)
Puts: 1,024,353 (49%)
Current vs Prior +24.37%
Calls: +26.92% (Calls)
Puts: +21.76% (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 -73.22%
Calls: -71.00%
Puts: -75.25%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03 10:25am) $387.21M
Calls: $203.07M (52%)
Puts: $184.14M (48%)
Prior (09/02) $378.95M
Calls: $266.89M (70%)
Puts: $112.06M (30%)
Current vs Prior +2.18%
Calls: -23.91%
Puts: +64.32%
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 -63.88%
Calls: -64.04%
Puts: -63.71%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/03 10:25am) 0.94
Prior (09/02) 0.98
Current vs Prior -4.07%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -14.98%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/03 10:25am) 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 0.34% | 0.66%0.66% | 1.03%0.66% | 1.37%1.90% | 3.56%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -38.88% | -17.48%+229.99% | +30.00%-17.48% | -1.29%+2.36% | -1.39%
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 -40.93% | -17.97%+70.27% | +22.90%-19.06% | -8.09%-18.10% | -7.30%
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 -38.88% | -17.48%+229.99% | +30.00%-17.48% | -1.29%+2.36% | -1.39%
Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 1.11% | 0.40%
Calls: 1.42% | 0.36%
Puts: 0.81% | 0.44%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior -0.89% | -55.56%
Prior 7-Day Avg 1.49% | 1.18%
Calls: 1.14% | 1.11%
Puts: 1.84% | 1.25%
Current vs 7-Day Avg -25.50% | -66.10%
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 BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
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
10:25BULLISHNEUTRALBULLISH
10:20BULLISHNEUTRALBULLISH
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 2,254 of results (avg 2.4%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 309.209.21$9.210.1%6460.474.1K
$625.00Sep 3143.57143.75$143.660.1%--1.0022
$620.00Sep 4148.82149.01$148.920.1%--1.0023
$625.00Sep 4143.82144.01$143.920.1%--1.0026
$630.00Sep 4138.82139.01$138.920.1%--1.0010
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Sep 186.466.47$6.470.2%3720.462.9K
$772.00Sep 3011.3411.36$11.350.2%480.57517
$771.00Sep 3010.8710.89$10.880.2%1670.55343
$770.00Sep 3010.4210.44$10.430.2%2400.543.4K
$768.00Oct 210.0810.10$10.090.2%1000.51176

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 728 found (avg $0.34, cheapest $0.12)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Sep 30.110.12$0.128.3%100.3K0.106.4K
$773.00Sep 30.060.07$0.0714.3%66.9K0.064.3K
$771.00Sep 30.220.23$0.234.3%153.1K0.197.8K
$770.00Sep 30.450.46$0.462.2%239.3K0.328.0K
$769.00Sep 30.840.85$0.851.2%181.9K0.482.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 30.060.07$0.0714.3%38.9K0.047.0K
$763.00Sep 30.090.10$0.1010.0%34.8K0.066.4K
$764.00Sep 30.130.14$0.147.1%45.2K0.086.0K
$765.00Sep 30.200.21$0.214.8%63.9K0.119.6K
$766.00Sep 30.320.33$0.333.0%57.6K0.175.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,064 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3143.57143.75$143.660.1%--1.0022
$685.00Sep 383.5883.75$83.670.2%11.0013
$718.00Sep 350.5850.75$50.670.3%51.0032
$719.00Sep 349.5849.75$49.670.3%51.00--
$720.00Sep 348.5848.75$48.670.3%51.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$779.00Sep 410.2710.46$10.371.8%9491.0015
$780.00Sep 411.2611.44$11.351.6%9571.0010
$781.00Sep 412.2612.45$12.361.5%1.1K1.00--
$782.00Sep 413.2613.44$13.351.3%3951.00--
$783.00Sep 414.2614.44$14.351.3%811.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,957 active (total vol 2.6M, top 239.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 30.450.46$0.462.2%239.3K0.328.0K
$769.00Sep 30.840.85$0.851.2%181.9K0.482.9K
$771.00Sep 30.220.23$0.234.3%153.1K0.197.8K
$772.00Sep 30.110.12$0.128.3%100.3K0.106.4K
$768.00Sep 31.401.42$1.411.4%83.3K0.627.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 30.790.80$0.801.3%164.7K0.381.2K
$769.00Sep 31.221.23$1.230.8%134.7K0.521.8K
$767.00Sep 30.500.51$0.512.0%114.2K0.261.8K
$765.00Sep 30.200.21$0.214.8%63.9K0.119.6K
$770.00Sep 31.821.84$1.831.1%58.3K0.681.5K

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 21.9%, max 32.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$766.00Sep 3Oct 1615.2%11.4%32.5%9.6K11.7K
$767.00Sep 3Oct 1614.2%11.3%25.8%23.8K11.9K
$768.00Sep 3Oct 1613.5%11.2%20.2%83.5K10.8K
$769.00Sep 3Oct 1612.9%11.1%16.8%181.9K4.8K
$770.00Sep 3Oct 1612.5%11.0%14.5%239.5K17.9K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$766.00Sep 3Oct 1615.2%11.4%32.5%57.7K9.5K
$767.00Sep 3Oct 1614.2%11.3%25.8%114.3K7.5K
$768.00Sep 3Oct 1613.5%11.2%20.1%165.1K4.6K
$769.00Sep 3Oct 1612.9%11.1%16.8%134.8K3.0K
$770.00Sep 3Oct 1612.5%11.0%14.1%59.8K10.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 729 found (best R:R 1.41, avg 5.07)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$729.00$730.00Sep 18$0.23$0.77$0.2395%3.35$729.23
$733.00$734.00Oct 16$0.11$0.89$0.1182%8.09$733.11
$734.00$735.00Sep 30$0.17$0.83$0.1788%4.88$734.17
$745.00$746.00Sep 25$0.13$0.87$0.1382%6.69$745.13
$738.00$740.00Sep 25$1.08$0.92$1.0888%0.85$739.08
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$793.00$791.00Sep 25$0.83$1.17$0.8390%1.41$792.17
$793.00$790.00Sep 30$1.81$1.19$1.8187%0.66$791.19
$795.00$791.00Oct 16$2.39$1.61$2.3980%0.67$792.61
$775.00$770.00Sep 17$2.43$2.57$2.4363%1.06$772.57
$785.00$777.00Oct 9$5.00$3.00$5.0072%0.60$780.00

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 557 found (best R:R 1.02, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 17$2.53$2.53$2.4752%1.02$772.53
$770.00$775.00Sep 15$2.40$2.40$2.6053%0.92$772.40
$770.00$775.00Sep 16$2.47$2.47$2.5352%0.98$772.47
$770.00$775.00Sep 14$2.35$2.35$2.6553%0.89$772.35
$775.00$780.00Sep 17$1.82$1.82$3.1863%0.57$776.82
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$766.00$765.00Sep 3$0.12$0.12$0.8883%0.14$765.88
$768.00$767.00Sep 3$0.29$0.29$0.7162%0.41$767.71
$767.00$766.00Sep 3$0.18$0.18$0.8274%0.22$766.82
$762.00$761.00Sep 4$0.10$0.10$0.9086%0.11$761.90
$764.00$763.00Sep 4$0.16$0.16$0.8479%0.19$763.84

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.16, cheapest $1.37)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$768.00Sep 3Sep 4$1.3713.5%12.5%
$769.00Sep 3Sep 4$1.3512.9%12.1%
$770.00Sep 3Sep 4$1.2312.5%12.5%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$768.00Sep 3Sep 4$1.0513.5%12.5%
$769.00Sep 3Sep 4$1.0312.9%12.2%
$770.00Sep 3Sep 4$0.9312.5%12.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 900 found (cheapest 0.27% of stock, avg 3.87%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$769.00Sep 3$0.85$1.23$2.08$766.92$771.080.27%
$768.00Sep 3$1.41$0.80$2.21$765.79$770.210.29%
$770.00Sep 3$0.46$1.83$2.29$767.71$772.290.30%
$767.00Sep 3$2.12$0.51$2.63$764.37$769.630.34%
$771.00Sep 3$0.23$2.62$2.85$768.15$773.850.37%
$766.00Sep 3$2.94$0.33$3.27$762.73$769.270.43%
$772.00Sep 3$0.12$3.50$3.62$768.38$775.620.47%
$765.00Sep 3$3.83$0.21$4.04$760.96$769.040.53%
$773.00Sep 3$0.07$4.41$4.48$768.52$777.480.58%
$769.00Sep 4$2.20$2.26$4.46$764.54$773.460.58%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 390 found (cheapest 0.03% of stock, avg 1.31%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$773.00$764.00Sep 3$0.07$0.14$0.21$763.79$773.21
$772.00$764.00Sep 3$0.12$0.14$0.26$763.74$772.26
$772.00$765.00Sep 3$0.12$0.21$0.33$764.67$772.33
$773.00$765.00Sep 3$0.07$0.21$0.28$764.72$773.28
$771.00$764.00Sep 3$0.23$0.14$0.37$763.63$771.37
$773.00$766.00Sep 3$0.07$0.33$0.40$765.60$773.40
$772.00$766.00Sep 3$0.12$0.33$0.45$765.55$772.45
$771.00$765.00Sep 3$0.23$0.21$0.44$764.56$771.44
$771.00$766.00Sep 3$0.23$0.33$0.56$765.44$771.56
$772.00$767.00Sep 3$0.12$0.51$0.63$766.37$772.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 389 found (best R:R 1.04, avg credit $0.60)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
744/745776/777Sep 18$0.51$0.4951%1.04$744.49$776.51
746/747776/777Sep 18$0.52$0.4849%1.08$746.48$776.52
752/753775/776Sep 11$0.46$0.5455%0.85$752.54$775.46
738/739777/778Sep 25$0.50$0.5051%1.00$738.50$777.50
736/737778/779Oct 2$0.53$0.4748%1.13$736.47$778.53
752/753774/775Sep 11$0.49$0.5152%0.96$752.51$774.49
735/736778/779Oct 2$0.52$0.4848%1.08$735.48$778.52
744/745778/779Sep 18$0.45$0.5555%0.82$744.55$778.45
747/748776/777Sep 18$0.52$0.4848%1.08$747.48$776.52
748/749776/777Sep 18$0.53$0.4747%1.13$748.47$776.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 252 found (best R:R 13.71, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 15$0.34$4.6619%13.71
$760.00$765.00$770.00Sep 14$0.57$4.4326%7.77
$760.00$765.00$770.00Sep 16$0.47$4.5322%9.64
$755.00$760.00$765.00Sep 17$0.32$4.6817%14.62
$755.00$760.00$765.00Sep 14$0.41$4.5920%11.20
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$0.40$4.6019%11.50
$760.00$765.00$770.00Sep 14$0.62$4.3826%7.06
$755.00$760.00$765.00Sep 16$0.38$4.6218%12.16
$755.00$760.00$765.00Sep 17$0.36$4.6417%12.89

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,055 found (best net $-23.68, 1,034 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 3-$23.68$36.32
$685.00$718.001:2Sep 3-$17.67$15.33
$770.00$775.001:2Sep 14-$0.36$4.64
$770.00$775.001:2Sep 15-$0.65$4.35
$775.00$780.001:2Sep 16-$0.30$4.70
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$720.00$700.001:2Sep 17-$0.06$19.94
$770.00$765.001:2Sep 14-$1.87$3.13
$765.00$760.001:2Sep 14-$1.25$3.75
$720.00$705.001:2Sep 16-$0.12$14.88
$760.00$755.001:2Sep 14-$0.85$4.15

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 301 found (best yield 1.83%, avg 0.44%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$769.00Oct 16$14.040.490.1%1.83%1.87%511.9K
$770.00Oct 16$13.440.470.2%1.75%1.93%2209.9K
$771.00Oct 16$12.850.470.3%1.67%1.98%61.7K
$772.00Oct 16$12.280.460.4%1.60%2.04%141.7K
$773.00Oct 16$11.730.450.6%1.53%2.09%391.4K
$774.00Oct 16$11.190.440.7%1.46%2.15%331.2K
$775.00Oct 16$10.660.420.8%1.39%2.22%6415.0K
$776.00Oct 16$10.150.411.0%1.32%2.28%541.4K
$777.00Oct 16$9.650.401.1%1.26%2.34%26908
$778.00Oct 16$9.170.391.2%1.19%2.41%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 1,329,725
Total Puts 1,247,240
Put/Call Ratio 0.94
Net Difference 82,485

Prior's Put/Call Breakdown

Total Calls 1,047,653
Total Puts 1,024,353
Put/Call Ratio 0.98
Net Difference 23,300

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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