Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$768.21 +0.40%
9/3 10:45

Option Volume

Detail
Current (09/03 10:45am) 3,145,515
Calls: 1,585,154 (50%)
Puts: 1,560,361 (50%)
Prior (09/02) 2,814,350
Calls: 1,411,538 (50%)
Puts: 1,402,812 (50%)
Current vs Prior +11.77%
Calls: +12.30% (Calls)
Puts: +11.23% (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 -67.31%
Calls: -65.43%
Puts: -69.03%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03 10:45am) $455.94M
Calls: $222.62M (49%)
Puts: $233.32M (51%)
Prior (09/02) $547.48M
Calls: $408.00M (75%)
Puts: $139.48M (25%)
Current vs Prior -16.72%
Calls: -45.44%
Puts: +67.28%
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 -57.47%
Calls: -60.57%
Puts: -54.02%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/03 10:45am) 0.98
Prior (09/02) 0.99
Current vs Prior -0.95%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -10.77%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/03 10:45am) 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 0.33% | 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 -41.16% | -18.74%+224.96% | +27.28%-18.74% | -3.31%+0.87% | -1.95%
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 -43.13% | -19.23%+67.67% | +20.33%-20.29% | -9.96%-19.29% | -7.83%
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 -41.16% | -18.74%+224.96% | +27.28%-18.74% | -3.31%+0.87% | -1.95%
Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 1.15% | 0.41%
Calls: 0.89% | 0.40%
Puts: 1.41% | 0.41%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior +2.68% | -54.44%
Prior 7-Day Avg 1.49% | 1.18%
Calls: 1.14% | 1.11%
Puts: 1.84% | 1.25%
Current vs 7-Day Avg -22.82% | -65.25%
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
10:45BEARISHNEUTRALMIXED
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 2,261 of results (avg 2.4%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Oct 29.759.76$9.750.1%3740.462.1K
$625.00Sep 3143.12143.30$143.210.1%--1.0022
$781.00Oct 167.607.61$7.610.1%190.342.2K
$768.00Oct 1614.3514.37$14.360.1%2380.493.7K
$625.00Sep 4143.36143.56$143.460.1%--1.0026
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Sep 187.837.84$7.840.1%1.3K0.533.4K
$768.00Sep 187.397.40$7.400.1%1.5K0.522.9K
$767.00Sep 186.976.98$6.980.1%8730.492.7K
$766.00Sep 186.586.59$6.590.2%7440.472.9K
$769.00Sep 3010.1410.16$10.150.2%4640.53723

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 723 found (avg $0.34, cheapest $0.08)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Sep 30.070.08$0.0812.5%125.3K0.076.4K
$771.00Sep 30.140.15$0.156.7%175.2K0.127.8K
$770.00Sep 30.300.31$0.313.2%283.2K0.228.0K
$769.00Sep 30.610.62$0.621.6%234.5K0.372.9K
$778.00Sep 40.060.07$0.0714.3%6.4K0.0316.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$764.00Sep 30.140.15$0.156.7%53.3K0.106.0K
$765.00Sep 30.220.23$0.234.3%75.2K0.149.6K
$763.00Sep 30.100.11$0.119.1%46.3K0.076.4K
$766.00Sep 30.350.36$0.362.8%75.1K0.225.1K
$762.00Sep 30.070.08$0.0812.5%57.7K0.057.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,083 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3143.12143.30$143.210.1%--1.0022
$685.00Sep 383.1283.30$83.210.2%11.0013
$718.00Sep 350.1350.30$50.220.3%141.0032
$719.00Sep 349.1349.30$49.220.3%141.00--
$720.00Sep 348.1348.30$48.220.4%51.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$778.00Sep 49.729.90$9.811.8%1.7K1.009
$779.00Sep 410.7110.88$10.801.6%1.2K1.0015
$780.00Sep 411.7111.89$11.801.5%1.3K1.0010
$781.00Sep 412.7012.89$12.801.5%1.1K1.00--
$782.00Sep 413.7013.91$13.811.5%3951.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,028 active (total vol 3.1M, top 283.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 30.300.31$0.313.2%283.2K0.228.0K
$769.00Sep 30.610.62$0.621.6%234.5K0.372.9K
$771.00Sep 30.140.15$0.156.7%175.2K0.127.8K
$772.00Sep 30.070.08$0.0812.5%125.3K0.076.4K
$768.00Sep 31.111.12$1.120.9%105.3K0.537.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 30.910.92$0.921.1%228.8K0.471.2K
$769.00Sep 31.411.43$1.421.4%157.4K0.631.8K
$767.00Sep 30.570.58$0.571.8%154.7K0.331.8K
$765.00Sep 30.220.23$0.234.3%75.2K0.149.6K
$766.00Sep 30.350.36$0.362.8%75.1K0.225.1K

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 21.3%, max 28.7%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$766.00Sep 3Oct 1614.6%11.4%28.7%11.7K11.7K
$767.00Sep 3Oct 1613.8%11.2%22.7%29.3K11.9K
$768.00Sep 3Oct 1613.1%11.1%17.9%105.5K10.8K
$769.00Sep 3Oct 1612.7%11.0%15.8%234.6K4.8K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$766.00Sep 3Oct 1614.6%11.4%28.7%75.2K9.5K
$767.00Sep 3Oct 1613.8%11.2%22.7%154.7K7.5K
$768.00Sep 3Oct 1613.1%11.1%17.9%229.3K4.6K
$769.00Sep 3Oct 1612.7%11.0%15.8%157.6K3.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 726 found (best R:R 4.00, avg 4.89)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$739.00$740.00Oct 2$0.10$0.90$0.1083%9.00$739.10
$733.00$734.00Oct 16$0.10$0.90$0.1082%9.00$733.10
$727.00$728.00Sep 30$0.21$0.79$0.2191%3.76$727.21
$729.00$730.00Oct 16$0.15$0.85$0.1584%5.67$729.15
$699.00$700.00Sep 18$0.33$0.67$0.33100%2.03$699.33
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$801.00$800.00Sep 11$0.20$0.80$0.20100%4.00$800.80
$793.00$791.00Sep 25$1.02$0.98$1.0291%0.96$791.98
$795.00$791.00Oct 16$2.45$1.55$2.4581%0.63$792.55
$790.00$788.00Sep 30$0.98$1.02$0.9885%1.04$789.02
$800.00$799.00Oct 16$0.26$0.74$0.2685%2.85$799.74

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 548 found (best R:R 0.97, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$770.00$775.00Sep 17$2.46$2.46$2.5454%0.97$772.46
$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$2.27$2.27$2.7355%0.83$772.27
$775.00$780.00Sep 17$1.76$1.76$3.2465%0.54$776.76
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$766.00$765.00Sep 3$0.13$0.13$0.8778%0.15$765.87
$763.00$762.00Sep 4$0.14$0.14$0.8681%0.16$762.86
$768.00$767.00Sep 3$0.35$0.35$0.6553%0.54$767.65
$755.00$754.00Sep 11$0.13$0.13$0.8783%0.15$754.87
$767.00$766.00Sep 3$0.21$0.21$0.7967%0.27$766.79

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.21, cheapest $1.05)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Sep 3Sep 4$1.3613.8%12.7%
$768.00Sep 3Sep 4$1.3913.1%12.3%
$769.00Sep 3Sep 4$1.3412.7%12.6%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$767.00Sep 3Sep 4$1.0513.8%12.7%
$768.00Sep 3Sep 4$1.0813.1%12.3%
$769.00Sep 3Sep 4$1.0312.7%12.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 917 found (cheapest 0.27% of stock, avg 3.88%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$768.00Sep 3$1.12$0.92$2.04$765.96$770.040.27%
$769.00Sep 3$0.62$1.42$2.04$766.96$771.040.27%
$767.00Sep 3$1.77$0.57$2.34$764.66$769.340.30%
$770.00Sep 3$0.31$2.11$2.42$767.58$772.420.32%
$766.00Sep 3$2.55$0.36$2.91$763.09$768.910.38%
$771.00Sep 3$0.15$2.95$3.10$767.90$774.100.40%
$765.00Sep 3$3.43$0.23$3.66$761.34$768.660.48%
$772.00Sep 3$0.08$3.86$3.94$768.06$775.940.51%
$769.00Sep 4$1.96$2.45$4.41$764.59$773.410.57%
$770.00Sep 4$1.49$2.98$4.47$765.53$774.470.58%

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$0.15$0.23$763.77$772.23
$771.00$764.00Sep 3$0.15$0.15$0.30$763.70$771.30
$772.00$765.00Sep 3$0.08$0.23$0.31$764.69$772.31
$771.00$765.00Sep 3$0.15$0.23$0.38$764.62$771.38
$770.00$764.00Sep 3$0.31$0.15$0.46$763.54$770.46
$772.00$766.00Sep 3$0.08$0.36$0.44$765.56$772.44
$770.00$765.00Sep 3$0.31$0.23$0.54$764.46$770.54
$771.00$766.00Sep 3$0.15$0.36$0.51$765.49$771.51
$770.00$766.00Sep 3$0.31$0.36$0.67$765.33$770.67
$772.00$767.00Sep 3$0.08$0.57$0.65$766.35$772.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 422 found (best R:R 1.04, avg credit $0.64)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
733/734778/779Oct 2$0.51$0.4950%1.04$733.49$778.51
747/748775/776Sep 18$0.54$0.4647%1.17$747.46$775.54
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
741/742776/777Sep 25$0.53$0.4748%1.13$741.47$776.53
744/745775/776Sep 18$0.51$0.4950%1.04$744.49$775.51
738/739777/778Sep 25$0.49$0.5152%0.96$738.51$777.49
741/742777/778Sep 25$0.51$0.4950%1.04$741.49$777.51
739/740777/778Sep 30$0.53$0.4747%1.13$739.47$777.53
739/740776/777Sep 25$0.51$0.4949%1.04$739.49$776.51

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 253 found (best R:R 12.89, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 16$0.36$4.6418%12.89
$760.00$765.00$770.00Sep 14$0.62$4.3827%7.06
$755.00$760.00$765.00Sep 15$0.41$4.5920%11.20
$755.00$760.00$765.00Sep 14$0.44$4.5621%10.36
$745.00$750.00$755.00Sep 14$0.13$4.8710%37.46
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 15$0.41$4.5920%11.20
$755.00$760.00$765.00Sep 14$0.44$4.5621%10.36
$755.00$760.00$765.00Sep 16$0.39$4.6119%11.82
$760.00$765.00$770.00Sep 14$0.65$4.3527%6.69
$750.00$755.00$760.00Sep 15$0.29$4.7114%16.24

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,050 found (best net $-23.21, 1,030 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 3-$23.21$36.79
$685.00$718.001:2Sep 3-$17.23$15.77
$770.00$775.001:2Sep 14-$0.24$4.76
$770.00$775.001:2Sep 15-$0.53$4.47
$775.00$780.001:2Sep 16-$0.23$4.77
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$770.00$765.001:2Sep 14-$1.88$3.12
$765.00$760.001:2Sep 14-$1.25$3.75
$720.00$705.001:2Sep 17-$0.15$14.85
$775.00$770.001:2Sep 14-$2.97$2.03
$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. 292 found (best yield 1.79%, avg 0.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$769.00Oct 16$13.740.480.1%1.79%1.89%851.9K
$770.00Oct 16$13.150.470.2%1.71%1.94%2629.9K
$771.00Oct 16$12.570.460.4%1.64%2.00%81.7K
$772.00Oct 16$12.010.450.5%1.56%2.06%141.7K
$773.00Oct 16$11.460.440.6%1.49%2.12%401.4K
$774.00Oct 16$10.920.430.8%1.42%2.18%431.2K
$775.00Oct 16$10.400.420.9%1.35%2.24%7015.0K
$776.00Oct 16$9.900.401.0%1.29%2.30%541.4K
$777.00Oct 16$9.410.391.1%1.22%2.37%28908
$778.00Oct 16$8.930.381.3%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 1,585,154
Total Puts 1,560,361
Put/Call Ratio 0.98
Net Difference 24,793

Prior's Put/Call Breakdown

Total Calls 1,411,538
Total Puts 1,402,812
Put/Call Ratio 0.99
Net Difference 8,726

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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