Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$768.15 +0.39%
9/3 10:40

Option Volume

Detail
Current (09/03 10:40am) 3,004,727
Calls: 1,533,752 (51%)
Puts: 1,470,975 (49%)
Prior (09/02) 2,624,303
Calls: 1,305,826 (50%)
Puts: 1,318,477 (50%)
Current vs Prior +14.50%
Calls: +17.45% (Calls)
Puts: +11.57% (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 -68.78%
Calls: -66.55%
Puts: -70.80%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03 10:40am) $438.42M
Calls: $213.08M (49%)
Puts: $225.34M (51%)
Prior (09/02) $491.26M
Calls: $353.41M (72%)
Puts: $137.85M (28%)
Current vs Prior -10.76%
Calls: -39.71%
Puts: +63.47%
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 -59.11%
Calls: -62.26%
Puts: -55.60%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/03 10:40am) 0.96
Prior (09/02) 1.01
Current vs Prior -5.01%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -13.06%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/03 10:40am) 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% | 1.01%0.65% | 1.34%1.87% | 3.54%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -40.23% | -18.74%+224.96% | +27.46%-18.74% | -3.21%+0.94% | -1.90%
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 -42.23% | -19.22%+67.67% | +20.50%-20.29% | -9.87%-19.23% | -7.79%
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 -40.23% | -18.74%+224.96% | +27.46%-18.74% | -3.21%+0.94% | -1.90%
Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 0.79% | 0.40%
Calls: 0.90% | 0.40%
Puts: 0.68% | 0.40%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior -29.46% | -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 -46.98% | -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 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
10:40BEARISHNEUTRALMIXED
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 2,262 of results (avg 2.4%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3143.09143.26$143.180.1%--1.0022
$770.00Oct 1613.1313.15$13.140.2%2510.479.9K
$625.00Sep 4143.31143.54$143.430.2%--1.0026
$772.00Oct 1611.9912.01$12.000.2%140.451.7K
$620.00Sep 4148.28148.53$148.410.2%--1.0023
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 3010.6110.63$10.620.2%2530.553.4K
$769.00Sep 3010.1710.19$10.180.2%4630.53723
$752.00Sep 305.065.07$5.060.2%570.291.0K
$774.00Oct 1615.1515.18$15.170.2%480.57970
$770.00Sep 104.754.76$4.760.2%2670.561.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 726 found (avg $0.34, cheapest $0.08)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Sep 30.070.08$0.0812.5%119.0K0.076.4K
$771.00Sep 30.150.16$0.166.3%172.0K0.137.8K
$770.00Sep 30.310.32$0.323.1%276.0K0.238.0K
$769.00Sep 30.620.63$0.631.6%223.0K0.372.9K
$778.00Sep 40.060.07$0.0714.3%6.4K0.0316.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$764.00Sep 30.150.16$0.166.3%51.7K0.106.0K
$763.00Sep 30.100.11$0.119.1%41.3K0.076.4K
$765.00Sep 30.230.24$0.244.2%72.9K0.159.6K
$762.00Sep 30.070.08$0.0812.5%53.2K0.057.0K
$766.00Sep 30.370.38$0.382.6%71.4K0.225.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,080 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3143.09143.26$143.180.1%--1.0022
$685.00Sep 383.0983.27$83.180.2%11.0013
$718.00Sep 350.0950.26$50.180.3%81.0032
$719.00Sep 349.0949.26$49.180.3%81.00--
$720.00Sep 348.0948.26$48.180.4%51.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$778.00Sep 49.739.92$9.821.9%1.7K1.009
$779.00Sep 410.7210.91$10.821.8%1.1K1.0015
$780.00Sep 411.7211.91$11.821.6%1.1K1.0010
$781.00Sep 412.7212.91$12.821.5%1.1K1.00--
$782.00Sep 413.7213.94$13.831.6%3951.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,016 active (total vol 3.0M, top 276.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 30.310.32$0.323.1%276.0K0.238.0K
$769.00Sep 30.620.63$0.631.6%223.0K0.372.9K
$771.00Sep 30.150.16$0.166.3%172.0K0.137.8K
$772.00Sep 30.070.08$0.0812.5%119.0K0.076.4K
$768.00Sep 31.101.11$1.110.9%99.3K0.537.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 30.940.95$0.951.1%214.9K0.471.2K
$769.00Sep 31.461.47$1.470.7%153.5K0.631.8K
$767.00Sep 30.590.60$0.601.7%146.2K0.331.8K
$765.00Sep 30.230.24$0.244.2%72.9K0.159.6K
$766.00Sep 30.370.38$0.382.6%71.4K0.225.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 22.2%, max 29.7%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$766.00Sep 3Oct 1614.7%11.4%29.7%11.3K11.7K
$767.00Sep 3Oct 1613.9%11.2%23.6%27.7K11.9K
$768.00Sep 3Oct 1613.1%11.1%17.9%99.5K10.8K
$769.00Sep 3Oct 1612.9%11.0%17.6%223.1K4.8K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$766.00Sep 3Oct 1614.7%11.4%29.7%71.5K9.5K
$767.00Sep 3Oct 1613.9%11.2%23.6%146.2K7.5K
$768.00Sep 3Oct 1613.1%11.1%17.9%215.4K4.6K
$769.00Sep 3Oct 1612.9%11.0%17.6%153.6K3.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 735 found (best R:R 1.65, avg 4.77)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$722.00$723.00Oct 16$0.10$0.90$0.1087%9.00$722.10
$724.00$725.00Oct 16$0.12$0.88$0.1286%7.33$724.12
$738.00$740.00Sep 25$1.03$0.97$1.0387%0.94$739.03
$726.00$727.00Oct 16$0.16$0.84$0.1685%5.25$726.16
$749.00$750.00Sep 18$0.12$0.88$0.1281%7.33$749.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$793.00$790.00Sep 30$1.13$1.87$1.1388%1.65$791.87
$793.00$791.00Sep 25$1.00$1.00$1.0090%1.00$792.00
$789.00$787.00Oct 2$0.82$1.18$0.8282%1.44$788.18
$795.00$791.00Oct 16$2.41$1.59$2.4181%0.66$792.59
$786.00$785.00Sep 18$0.11$0.89$0.1187%8.09$785.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 548 found (best R:R 0.96, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 17$2.45$2.45$2.5554%0.96$772.45
$770.00$775.00Sep 15$2.32$2.32$2.6854%0.87$772.32
$770.00$775.00Sep 16$2.40$2.40$2.6054%0.92$772.40
$770.00$775.00Sep 14$2.25$2.25$2.7555%0.82$772.25
$775.00$780.00Sep 17$1.75$1.75$3.2565%0.54$776.75
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$766.00$765.00Sep 3$0.14$0.14$0.8678%0.16$765.86
$762.00$761.00Sep 4$0.11$0.11$0.8984%0.12$761.89
$763.00$762.00Sep 4$0.14$0.14$0.8681%0.16$762.86
$767.00$766.00Sep 3$0.22$0.22$0.7867%0.28$766.78
$754.00$753.00Sep 11$0.12$0.12$0.8884%0.14$753.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.19, cheapest $1.03)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Sep 3Sep 4$1.3413.9%12.6%
$768.00Sep 3Sep 4$1.3713.1%12.3%
$769.00Sep 3Sep 4$1.3112.9%12.6%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Sep 3Sep 4$1.0313.9%12.6%
$768.00Sep 3Sep 4$1.0613.1%12.3%
$769.00Sep 3Sep 4$1.0112.9%12.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 914 found (cheapest 0.27% of stock, avg 3.88%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$768.00Sep 3$1.11$0.95$2.06$765.94$770.060.27%
$769.00Sep 3$0.63$1.47$2.10$766.90$771.100.27%
$767.00Sep 3$1.76$0.60$2.36$764.64$769.360.31%
$770.00Sep 3$0.32$2.16$2.48$767.52$772.480.32%
$766.00Sep 3$2.54$0.38$2.92$763.08$768.920.38%
$771.00Sep 3$0.16$2.99$3.15$767.85$774.150.41%
$765.00Sep 3$3.40$0.24$3.64$761.36$768.640.47%
$772.00Sep 3$0.08$3.90$3.98$768.02$775.980.52%
$764.00Sep 3$4.31$0.16$4.47$759.53$768.470.58%
$768.00Sep 4$2.48$2.01$4.49$763.51$772.490.58%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 385 found (cheapest 0.03% of stock, avg 1.31%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$772.00$764.00Sep 3$0.08$0.16$0.24$763.76$772.24
$771.00$764.00Sep 3$0.16$0.16$0.32$763.68$771.32
$772.00$765.00Sep 3$0.08$0.24$0.32$764.68$772.32
$771.00$765.00Sep 3$0.16$0.24$0.40$764.60$771.40
$770.00$764.00Sep 3$0.32$0.16$0.48$763.52$770.48
$772.00$766.00Sep 3$0.08$0.38$0.46$765.54$772.46
$770.00$765.00Sep 3$0.32$0.24$0.56$764.44$770.56
$771.00$766.00Sep 3$0.16$0.38$0.54$765.46$771.54
$770.00$766.00Sep 3$0.32$0.38$0.70$765.30$770.70
$772.00$767.00Sep 3$0.08$0.60$0.68$766.32$772.68

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 428 found (best R:R 1.08, avg credit $0.64)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
744/745775/776Sep 18$0.52$0.4850%1.08$744.48$775.52
753/754774/775Sep 11$0.49$0.5152%0.96$753.51$774.49
735/736778/779Oct 2$0.52$0.4849%1.08$735.48$778.52
746/747775/776Sep 18$0.53$0.4748%1.13$746.47$775.53
735/736777/778Sep 30$0.51$0.4950%1.04$735.49$777.51
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
745/746775/776Sep 18$0.52$0.4849%1.08$745.48$775.52
738/739777/778Sep 25$0.49$0.5152%0.96$738.51$777.49
740/741776/777Sep 25$0.52$0.4848%1.08$740.48$776.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 241 found (best R:R 17.52, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 17$0.27$4.7318%17.52
$760.00$765.00$770.00Sep 14$0.58$4.4227%7.62
$755.00$760.00$765.00Sep 16$0.33$4.6718%14.15
$755.00$760.00$765.00Sep 15$0.40$4.6020%11.50
$750.00$755.00$760.00Sep 15$0.26$4.7414%18.23
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.43$4.5721%10.63
$755.00$760.00$765.00Sep 15$0.43$4.5720%10.63
$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
$760.00$765.00$770.00Sep 15$0.61$4.3925%7.20

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 $-23.18, 1,035 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 3-$23.18$36.82
$685.00$718.001:2Sep 3-$17.18$15.82
$770.00$775.001:2Sep 14-$0.26$4.74
$770.00$775.001:2Sep 15-$0.51$4.49
$775.00$780.001:2Sep 16-$0.23$4.77
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$770.00$765.001:2Sep 14-$1.89$3.11
$765.00$760.001:2Sep 14-$1.27$3.73
$720.00$705.001:2Sep 17-$0.15$14.85
$760.00$755.001:2Sep 14-$0.85$4.15
$775.00$770.001:2Sep 14-$2.99$2.01

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 293 found (best yield 1.79%, avg 0.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$769.00Oct 16$13.720.480.1%1.79%1.90%611.9K
$770.00Oct 16$13.130.470.2%1.71%1.95%2519.9K
$771.00Oct 16$12.550.460.4%1.63%2.00%61.7K
$772.00Oct 16$11.990.450.5%1.56%2.06%141.7K
$773.00Oct 16$11.440.440.6%1.49%2.12%391.4K
$774.00Oct 16$10.900.430.8%1.42%2.18%431.2K
$775.00Oct 16$10.380.420.9%1.35%2.24%6915.0K
$776.00Oct 16$9.880.401.0%1.29%2.31%541.4K
$777.00Oct 16$9.390.391.1%1.22%2.37%26908
$778.00Oct 16$8.910.381.3%1.16%2.44%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 1,533,752
Total Puts 1,470,975
Put/Call Ratio 0.96
Net Difference 62,777

Prior's Put/Call Breakdown

Total Calls 1,305,826
Total Puts 1,318,477
Put/Call Ratio 1.01
Net Difference -12,651

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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