Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$770.55 +0.70%
9/3 11:05

Option Volume

Detail
Current (09/03 11:05am) 3,912,505
Calls: 2,024,927 (52%)
Puts: 1,887,578 (48%)
Prior (09/02) 3,372,388
Calls: 1,613,740 (48%)
Puts: 1,758,648 (52%)
Current vs Prior +16.02%
Calls: +25.48% (Calls)
Puts: +7.33% (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 -59.34%
Calls: -55.83%
Puts: -62.54%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03 11:05am) $635.38M
Calls: $458.10M (72%)
Puts: $177.29M (28%)
Prior (09/02) $551.71M
Calls: $354.87M (64%)
Puts: $196.84M (36%)
Current vs Prior +15.17%
Calls: +29.09%
Puts: -9.93%
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 -40.74%
Calls: -18.87%
Puts: -65.06%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/03 11:05am) 0.93
Prior (09/02) 1.09
Current vs Prior -14.46%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -15.50%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/03 11:05am) 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 0.31% | 0.64%0.64% | 1.00%0.64% | 1.34%1.81% | 3.53%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -44.12% | -19.97%+220.03% | +26.09%-19.97% | -3.51%-2.38% | -2.32%
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 -45.99% | -20.45%+65.13% | +19.20%-21.50% | -10.15%-21.89% | -8.18%
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 -44.12% | -19.97%+220.03% | +26.09%-19.97% | -3.51%-2.38% | -2.32%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.82% | 1.01%
Calls: 0.80% | 1.12%
Puts: 0.85% | 0.90%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior -26.79% | +12.22%
Prior 7-Day Avg 1.49% | 1.18%
Calls: 1.14% | 1.11%
Puts: 1.84% | 1.25%
Current vs 7-Day Avg -44.97% | -14.41%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bullish flow with 72% call dollar volume ($458.10M). 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
11:05BULLISHNEUTRALBULLISH
11:00BULLISHNEUTRALBULLISH
10:55BULLISHNEUTRALBULLISH
10:50BULLISHNEUTRALBULLISH
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 2,257 of results (avg 2.8%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Oct 1615.1615.19$15.180.2%1130.511.9K
$771.00Oct 1613.9313.96$13.950.2%110.481.7K
$769.00Oct 211.7211.75$11.740.3%4470.51393
$773.00Oct 911.1111.14$11.130.3%550.4682
$777.00Oct 27.317.33$7.320.3%370.39759
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 144.694.70$4.700.2%4560.48169
$770.00Sep 114.264.27$4.260.2%2.5K0.472.1K
$773.00Sep 3010.8210.85$10.840.3%920.56255
$772.00Sep 3010.3710.40$10.390.3%510.54517
$775.00Oct 913.3513.39$13.370.3%20.57128

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 739 found (avg $0.33, cheapest $0.17)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 30.160.17$0.175.9%107.5K0.144.3K
$774.00Sep 30.080.09$0.0911.1%64.2K0.073.4K
$772.00Sep 30.340.35$0.352.9%156.4K0.266.4K
$771.00Sep 30.700.71$0.711.4%227.2K0.417.8K
$780.00Sep 40.070.08$0.0812.5%5.0K0.0411.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Sep 30.150.16$0.166.3%191.6K0.121.8K
$766.00Sep 30.100.11$0.119.1%94.6K0.075.1K
$768.00Sep 30.260.27$0.273.7%280.6K0.181.2K
$765.00Sep 30.070.08$0.0812.5%88.3K0.059.6K
$769.00Sep 30.430.44$0.442.3%198.5K0.281.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,092 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3145.02145.76$145.390.5%--1.0022
$685.00Sep 385.0885.67$85.380.7%11.0013
$718.00Sep 352.3352.59$52.460.5%161.0032
$719.00Sep 351.3351.59$51.460.5%161.00--
$720.00Sep 350.3350.60$50.470.5%221.001
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$781.00Sep 410.3810.81$10.604.1%1.1K1.00--
$782.00Sep 411.3111.82$11.574.4%3961.00--
$783.00Sep 412.3112.82$12.574.1%821.00--
$784.00Sep 412.9714.16$13.578.8%3101.00--
$785.00Sep 413.9715.16$14.578.2%2191.008

Most actively traded options today. High liquidity = easy entry/exit. 2,111 active (total vol 3.9M, top 381.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 31.251.26$1.250.8%381.8K0.588.0K
$769.00Sep 31.951.97$1.961.0%315.0K0.722.9K
$771.00Sep 30.700.71$0.711.4%227.2K0.417.8K
$772.00Sep 30.340.35$0.352.9%156.4K0.266.4K
$768.00Sep 32.782.81$2.801.1%133.5K0.827.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 30.260.27$0.273.7%280.6K0.181.2K
$769.00Sep 30.430.44$0.442.3%198.5K0.281.8K
$767.00Sep 30.150.16$0.166.3%191.6K0.121.8K
$766.00Sep 30.100.11$0.119.1%94.6K0.075.1K
$765.00Sep 30.070.08$0.0812.5%88.3K0.059.6K

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 19.6%, max 30.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$768.00Sep 3Oct 1614.8%11.3%30.5%133.8K10.8K
$769.00Sep 3Oct 1613.7%11.2%22.4%315.1K4.8K
$770.00Sep 3Oct 1612.9%11.1%16.7%382.1K17.9K
$771.00Sep 3Oct 1612.6%11.0%14.6%227.2K9.5K
$772.00Sep 3Oct 1612.4%10.8%14.0%156.5K8.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$768.00Sep 3Oct 1614.8%11.3%30.5%281.2K4.6K
$769.00Sep 3Oct 1613.7%11.2%22.4%198.7K3.0K
$770.00Sep 3Oct 1612.9%11.1%16.7%88.1K10.4K
$771.00Sep 3Oct 1612.6%11.0%14.6%18.2K2.3K
$772.00Sep 3Oct 1612.4%10.8%14.0%6.0K3.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 727 found (best R:R 1.20, avg 4.95)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$741.00$742.00Sep 30$0.14$0.86$0.1485%6.14$741.14
$700.00$701.00Sep 11$0.36$0.64$0.3699%1.78$700.36
$746.00$747.00Sep 30$0.18$0.82$0.1881%4.56$746.18
$750.00$751.00Sep 30$0.15$0.85$0.1577%5.67$750.15
$741.00$742.00Oct 16$0.18$0.82$0.1879%4.56$741.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$780.00$775.00Sep 17$2.27$2.73$2.2771%1.20$777.73
$789.00$787.00Oct 16$0.55$1.45$0.5572%2.64$788.45
$797.00$795.00Oct 16$0.93$1.07$0.9380%1.15$796.07
$799.00$798.00Oct 16$0.18$0.82$0.1882%4.56$798.82
$782.00$781.00Sep 18$0.13$0.87$0.1376%6.69$781.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 545 found (best R:R 0.59, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$775.00$780.00Sep 15$1.86$1.86$3.1462%0.59$776.86
$775.00$780.00Sep 17$2.06$2.06$2.9460%0.70$777.06
$775.00$780.00Sep 16$1.98$1.98$3.0260%0.66$776.98
$775.00$780.00Sep 14$1.77$1.77$3.2363%0.55$776.77
$780.00$785.00Sep 17$1.38$1.38$3.6271%0.38$781.38
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$768.00$767.00Sep 3$0.11$0.11$0.8982%0.12$767.89
$765.00$764.00Sep 4$0.12$0.12$0.8882%0.14$764.88
$761.00$760.00Sep 8$0.10$0.10$0.9086%0.11$760.90
$769.00$768.00Sep 3$0.17$0.17$0.8372%0.20$768.83
$770.00$769.00Sep 3$0.29$0.29$0.7158%0.41$769.71

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $1.23, cheapest $1.06)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$770.00Sep 3Sep 4$1.4312.9%12.1%
$771.00Sep 3Sep 4$1.3812.6%12.5%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$770.00Sep 3Sep 4$1.0612.9%12.1%
$771.00Sep 3Sep 4$1.0512.6%12.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 924 found (cheapest 0.24% of stock, avg 3.95%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$771.00Sep 3$0.71$1.17$1.88$769.12$772.880.24%
$770.00Sep 3$1.25$0.73$1.98$768.02$771.980.26%
$772.00Sep 3$0.35$1.83$2.18$769.82$774.180.28%
$769.00Sep 3$1.96$0.44$2.40$766.60$771.400.31%
$773.00Sep 3$0.17$2.63$2.80$770.20$775.800.36%
$768.00Sep 3$2.80$0.27$3.07$764.93$771.070.40%
$774.00Sep 3$0.09$3.55$3.64$770.36$777.640.47%
$767.00Sep 3$3.69$0.16$3.85$763.15$770.850.50%
$771.00Sep 4$2.09$2.22$4.31$766.69$775.310.56%
$772.00Sep 4$1.60$2.73$4.33$767.67$776.330.56%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 380 found (cheapest 0.03% of stock, avg 1.31%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$774.00$766.00Sep 3$0.09$0.11$0.20$765.80$774.20
$774.00$767.00Sep 3$0.09$0.16$0.25$766.75$774.25
$773.00$767.00Sep 3$0.17$0.16$0.33$766.67$773.33
$773.00$766.00Sep 3$0.17$0.11$0.28$765.72$773.28
$774.00$768.00Sep 3$0.09$0.27$0.36$767.64$774.36
$773.00$768.00Sep 3$0.17$0.27$0.44$767.56$773.44
$772.00$766.00Sep 3$0.35$0.11$0.46$765.54$772.46
$772.00$767.00Sep 3$0.35$0.16$0.51$766.49$772.51
$772.00$768.00Sep 3$0.35$0.27$0.62$767.38$772.62
$774.00$769.00Sep 3$0.09$0.44$0.53$768.47$774.53

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 407 found (best R:R 1.08, avg credit $0.59)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
740/741778/779Sep 25$0.52$0.4850%1.08$740.48$778.52
737/738780/781Sep 30$0.50$0.5051%1.00$737.50$780.50
742/743778/779Sep 25$0.53$0.4748%1.13$742.47$778.53
737/738779/780Sep 30$0.51$0.4950%1.04$737.49$779.51
739/740780/781Oct 2$0.53$0.4748%1.13$739.47$780.53
743/744778/779Sep 25$0.53$0.4748%1.13$743.47$778.53
747/748777/778Sep 18$0.52$0.4848%1.08$747.48$777.52
740/741779/780Sep 25$0.49$0.5152%0.96$740.51$779.49
740/741780/781Sep 30$0.51$0.4950%1.04$740.49$780.51
741/742780/781Oct 2$0.54$0.4646%1.17$741.46$780.54

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 343 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 15$0.06$4.9412%82.33
$760.00$765.00$770.00Sep 14$0.52$4.4825%8.62
$755.00$760.00$765.00Sep 15$0.32$4.6817%14.62
$760.00$765.00$770.00Sep 15$0.54$4.4623%8.26
$765.00$770.00$775.00Sep 17$0.51$4.4922%8.80
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$760.00$765.00$770.00Sep 14$0.56$4.4425%7.93
$760.00$765.00$770.00Sep 15$0.53$4.4723%8.43
$755.00$760.00$765.00Sep 16$0.33$4.6716%14.15
$755.00$760.00$765.00Sep 15$0.36$4.6417%12.89
$755.00$760.00$765.00Sep 14$0.38$4.6218%12.16

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 $-25.37, 1,033 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 3-$25.37$34.63
$685.00$718.001:2Sep 3-$19.54$13.46
$770.00$775.001:2Sep 14-$0.83$4.17
$775.00$780.001:2Sep 15-$0.13$4.87
$770.00$775.001:2Sep 15-$1.17$3.83
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$770.00$765.001:2Sep 14-$1.48$3.52
$775.00$770.001:2Sep 14-$2.32$2.68
$765.00$760.001:2Sep 14-$0.99$4.01
$720.00$705.001:2Sep 17-$0.14$14.86
$771.00$770.001:2Sep 3-$0.29$0.71

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 295 found (best yield 1.81%, avg 0.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$771.00Oct 16$13.930.480.1%1.81%1.87%111.7K
$772.00Oct 16$13.330.470.2%1.73%1.92%171.7K
$773.00Oct 16$12.750.470.3%1.65%1.97%421.4K
$774.00Oct 16$12.180.460.5%1.58%2.03%461.2K
$775.00Oct 16$11.630.440.6%1.51%2.09%16615.0K
$776.00Oct 16$11.090.430.7%1.44%2.15%571.4K
$777.00Oct 16$10.570.420.8%1.37%2.21%30908
$778.00Oct 16$10.060.411.0%1.31%2.27%1522.9K
$779.00Oct 16$9.570.401.1%1.24%2.34%651.9K
$780.00Oct 16$9.090.391.2%1.18%2.41%4245.7K

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 2,024,927
Total Puts 1,887,578
Put/Call Ratio 0.93
Net Difference 137,349

Prior's Put/Call Breakdown

Total Calls 1,613,740
Total Puts 1,758,648
Put/Call Ratio 1.09
Net Difference -144,908

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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