Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$768.03 +0.38%
9/3 10:35

Option Volume

Detail
Current (09/03 10:35am) 2,884,213
Calls: 1,471,877 (51%)
Puts: 1,412,336 (49%)
Prior (09/02) 2,448,385
Calls: 1,216,859 (50%)
Puts: 1,231,526 (50%)
Current vs Prior +17.80%
Calls: +20.96% (Calls)
Puts: +14.68% (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 -70.03%
Calls: -67.90%
Puts: -71.97%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03 10:35am) $425.91M
Calls: $199.45M (47%)
Puts: $226.46M (53%)
Prior (09/02) $458.64M
Calls: $327.39M (71%)
Puts: $131.25M (29%)
Current vs Prior -7.14%
Calls: -39.08%
Puts: +72.54%
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 -60.27%
Calls: -64.68%
Puts: -55.38%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/03 10:35am) 0.96
Prior (09/02) 1.01
Current vs Prior -5.19%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -13.03%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/03 10:35am) 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% | 0.65%0.65% | 1.02%0.65% | 1.34%1.87% | 3.55%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -38.60% | -18.56%+225.67% | +27.81%-18.56% | -3.00%+1.10% | -1.78%
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 -40.66% | -19.04%+68.03% | +20.83%-20.12% | -9.68%-19.10% | -7.67%
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 -38.60% | -18.56%+225.67% | +27.81%-18.56% | -3.00%+1.10% | -1.78%
Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 1.10% | 0.61%
Calls: 0.93% | 0.83%
Puts: 1.27% | 0.39%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior -1.79% | -32.22%
Prior 7-Day Avg 1.49% | 1.18%
Calls: 1.14% | 1.11%
Puts: 1.84% | 1.25%
Current vs 7-Day Avg -26.17% | -48.31%
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
10:35BEARISHNEUTRALMIXED
10:30BULLISHNEUTRALBULLISH
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 2,256 of results (avg 2.5%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3142.91143.09$143.000.1%--1.0022
$620.00Sep 4148.17148.37$148.270.1%--1.0023
$625.00Sep 4143.17143.37$143.270.1%--1.0026
$630.00Sep 4138.17138.37$138.270.1%--1.0010
$635.00Sep 4133.18133.38$133.280.2%--1.0016
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 187.497.50$7.500.1%1.4K0.522.9K
$772.00Oct 212.1112.13$12.120.2%1000.5771
$770.00Oct 211.1811.20$11.190.2%1210.55469
$769.00Oct 210.7410.76$10.750.2%1760.53195
$774.00Oct 1615.2215.25$15.240.2%30.57970

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 722 found (avg $0.33, cheapest $0.07)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Sep 30.060.07$0.0714.3%109.0K0.066.4K
$771.00Sep 30.130.14$0.147.1%166.1K0.117.8K
$770.00Sep 30.290.30$0.303.3%265.1K0.208.0K
$769.00Sep 30.590.60$0.601.7%211.0K0.332.9K
$778.00Sep 40.060.07$0.0714.3%6.4K0.0316.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$762.00Sep 30.080.09$0.0911.1%52.6K0.067.0K
$765.00Sep 30.270.28$0.283.6%69.8K0.189.6K
$763.00Sep 30.120.13$0.137.7%39.9K0.086.4K
$764.00Sep 30.180.19$0.195.3%50.7K0.126.0K
$766.00Sep 30.420.43$0.432.3%66.9K0.265.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,075 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3142.91143.09$143.000.1%--1.0022
$685.00Sep 382.9283.09$83.010.2%11.0013
$718.00Sep 349.9250.09$50.010.3%81.0032
$719.00Sep 348.9249.09$49.010.3%81.00--
$720.00Sep 347.9248.09$48.010.4%51.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$778.00Sep 49.8910.08$9.991.9%1.7K1.009
$779.00Sep 410.8911.08$10.991.7%1.1K1.0015
$780.00Sep 411.9012.08$11.991.5%1.1K1.0010
$781.00Sep 412.8913.08$12.991.5%1.1K1.00--
$782.00Sep 413.8914.08$13.991.4%3951.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,007 active (total vol 2.9M, top 265.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 30.290.30$0.303.3%265.1K0.208.0K
$769.00Sep 30.590.60$0.601.7%211.0K0.332.9K
$771.00Sep 30.130.14$0.147.1%166.1K0.117.8K
$772.00Sep 30.060.07$0.0714.3%109.0K0.066.4K
$768.00Sep 31.071.08$1.080.9%93.8K0.487.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 31.031.04$1.041.0%200.6K0.521.2K
$769.00Sep 31.561.58$1.571.3%149.3K0.671.8K
$767.00Sep 30.660.67$0.671.5%136.7K0.371.8K
$765.00Sep 30.270.28$0.283.6%69.8K0.189.6K
$766.00Sep 30.420.43$0.432.3%66.9K0.265.1K

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 28.7%, max 40.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$765.00Sep 3Oct 1616.2%11.5%40.9%5.0K10.4K
$766.00Sep 3Oct 1615.2%11.4%33.3%10.9K11.7K
$767.00Sep 3Oct 1614.2%11.2%26.3%26.2K11.9K
$768.00Sep 3Oct 1613.7%11.1%23.5%94.1K10.8K
$769.00Sep 3Oct 1613.2%11.0%19.7%211.0K4.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$765.00Sep 3Oct 1616.2%11.5%40.8%71.0K20.2K
$766.00Sep 3Oct 1615.2%11.4%33.3%67.0K9.5K
$767.00Sep 3Oct 1614.2%11.2%26.3%136.7K7.5K
$768.00Sep 3Oct 1613.7%11.1%23.5%201.1K4.6K
$769.00Sep 3Oct 1613.2%11.0%19.7%149.5K3.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 746 found (best R:R 1.33, avg 4.81)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$742.00$743.00Sep 11$0.24$0.76$0.2494%3.17$742.24
$738.00$739.00Sep 30$0.15$0.85$0.1585%5.67$738.15
$743.00$744.00Sep 18$0.17$0.83$0.1787%4.88$743.17
$714.00$715.00Sep 18$0.29$0.71$0.2997%2.45$714.29
$699.00$700.00Sep 18$0.34$0.66$0.34100%1.94$699.34
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$795.00$791.00Oct 16$1.72$2.28$1.7281%1.33$793.28
$793.00$790.00Sep 30$1.16$1.84$1.1688%1.59$791.84
$793.00$791.00Sep 25$1.05$0.95$1.0591%0.90$791.95
$780.00$775.00Sep 16$2.94$2.06$2.9478%0.70$777.06
$798.00$797.00Oct 16$0.14$0.86$0.1484%6.14$797.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 550 found (best R:R 0.86, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 15$2.31$2.31$2.6955%0.86$772.31
$770.00$775.00Sep 17$2.44$2.44$2.5654%0.95$772.44
$770.00$775.00Sep 16$2.39$2.39$2.6154%0.92$772.39
$770.00$775.00Sep 14$2.24$2.24$2.7656%0.81$772.24
$775.00$780.00Sep 17$1.74$1.74$3.2666%0.53$776.74
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$763.00$762.00Sep 4$0.15$0.15$0.8580%0.18$762.85
$759.00$758.00Sep 8$0.11$0.11$0.8984%0.12$758.89
$765.00$764.00Sep 4$0.22$0.22$0.7870%0.28$764.78
$756.00$755.00Sep 11$0.14$0.14$0.8681%0.16$755.86
$766.00$765.00Sep 3$0.15$0.15$0.8574%0.18$765.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.17, cheapest $1.02)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Sep 3Sep 4$1.3314.2%12.6%
$768.00Sep 3Sep 4$1.3413.7%12.3%
$769.00Sep 3Sep 4$1.2813.2%12.6%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Sep 3Sep 4$1.0214.2%12.6%
$768.00Sep 3Sep 4$1.0413.7%12.3%
$769.00Sep 3Sep 4$0.9813.2%12.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 911 found (cheapest 0.28% of stock, avg 3.87%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$768.00Sep 3$1.08$1.04$2.12$765.88$770.120.28%
$769.00Sep 3$0.60$1.57$2.17$766.83$771.170.28%
$767.00Sep 3$1.70$0.67$2.37$764.63$769.370.31%
$770.00Sep 3$0.30$2.26$2.56$767.44$772.560.33%
$766.00Sep 3$2.46$0.43$2.89$763.11$768.890.38%
$771.00Sep 3$0.14$3.11$3.25$767.75$774.250.42%
$765.00Sep 3$3.32$0.28$3.60$761.40$768.600.47%
$772.00Sep 3$0.07$4.03$4.10$767.90$776.100.53%
$764.00Sep 3$4.22$0.19$4.41$759.59$768.410.57%
$769.00Sep 4$1.88$2.55$4.43$764.57$773.430.58%

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
$772.00$763.00Sep 3$0.07$0.13$0.20$762.80$772.20
$772.00$764.00Sep 3$0.07$0.19$0.26$763.74$772.26
$771.00$764.00Sep 3$0.14$0.19$0.33$763.67$771.33
$771.00$763.00Sep 3$0.14$0.13$0.27$762.73$771.27
$771.00$765.00Sep 3$0.14$0.28$0.42$764.58$771.42
$772.00$765.00Sep 3$0.07$0.28$0.35$764.65$772.35
$770.00$764.00Sep 3$0.30$0.19$0.49$763.51$770.49
$770.00$763.00Sep 3$0.30$0.13$0.43$762.57$770.43
$770.00$765.00Sep 3$0.30$0.28$0.58$764.42$770.58
$771.00$766.00Sep 3$0.14$0.43$0.57$765.43$771.57

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 445 found (best R:R 1.08, avg credit $0.64)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
736/737777/778Sep 30$0.52$0.4849%1.08$736.48$777.52
734/735777/778Oct 2$0.53$0.4748%1.13$734.47$777.53
744/745776/777Sep 18$0.49$0.5152%0.96$744.51$776.49
738/739776/777Sep 25$0.51$0.4950%1.04$738.49$776.51
736/737777/778Oct 2$0.54$0.4647%1.17$736.46$777.54
736/737778/779Sep 30$0.50$0.5051%1.00$736.50$778.50
744/745775/776Sep 18$0.51$0.4950%1.04$744.49$775.51
738/739777/778Oct 2$0.55$0.4546%1.22$738.45$777.55
740/741776/777Sep 25$0.52$0.4849%1.08$740.48$776.52
735/736777/778Oct 2$0.53$0.4748%1.13$735.47$777.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 263 found (best R:R 54.56, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 17$0.09$4.9118%54.56
$760.00$765.00$770.00Sep 14$0.60$4.4027%7.33
$760.00$765.00$770.00Sep 15$0.57$4.4325%7.77
$750.00$755.00$760.00Sep 15$0.26$4.7415%18.23
$755.00$760.00$765.00Sep 14$0.46$4.5421%9.87
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$770.00$775.00$780.00Sep 16$0.30$4.7024%15.67
$755.00$760.00$765.00Sep 14$0.44$4.5621%10.36
$755.00$760.00$765.00Sep 15$0.43$4.5720%10.63
$750.00$755.00$760.00Sep 15$0.28$4.7215%16.86
$755.00$760.00$765.00Sep 16$0.40$4.6019%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. 1,054 found (best net $-23.02, 1,034 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 3-$23.02$36.98
$685.00$718.001:2Sep 3-$17.01$15.99
$770.00$775.001:2Sep 14-$0.24$4.76
$770.00$775.001:2Sep 15-$0.49$4.51
$775.00$780.001:2Sep 16-$0.22$4.78
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$770.00$765.001:2Sep 14-$1.93$3.07
$765.00$760.001:2Sep 14-$1.29$3.71
$720.00$705.001:2Sep 17-$0.15$14.85
$760.00$755.001:2Sep 14-$0.87$4.13
$775.00$770.001:2Sep 14-$3.04$1.96

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 289 found (best yield 1.78%, avg 0.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$769.00Oct 16$13.670.470.1%1.78%1.91%511.9K
$770.00Oct 16$13.080.470.3%1.70%1.96%2389.9K
$771.00Oct 16$12.500.460.4%1.63%2.01%61.7K
$772.00Oct 16$11.940.450.5%1.55%2.07%141.7K
$773.00Oct 16$11.390.440.7%1.48%2.13%391.4K
$774.00Oct 16$10.860.420.8%1.41%2.19%431.2K
$775.00Oct 16$10.340.410.9%1.35%2.25%6915.0K
$776.00Oct 16$9.840.401.0%1.28%2.32%541.4K
$777.00Oct 16$9.350.391.2%1.22%2.39%26908
$778.00Oct 16$8.880.381.3%1.16%2.45%232.9K

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 1,471,877
Total Puts 1,412,336
Put/Call Ratio 0.96
Net Difference 59,541

Prior's Put/Call Breakdown

Total Calls 1,216,859
Total Puts 1,231,526
Put/Call Ratio 1.01
Net Difference -14,667

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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