Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$772.54 +0.96%
9/3 11:40

Option Volume

Detail
Current (09/03 11:40am) 5,800,098
Calls: 3,060,240 (53%)
Puts: 2,739,858 (47%)
Prior (09/02) 4,172,444
Calls: 1,988,382 (48%)
Puts: 2,184,062 (52%)
Current vs Prior +39.01%
Calls: +53.91% (Calls)
Puts: +25.45% (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 -39.73%
Calls: -33.25%
Puts: -45.62%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03 11:40am) $1.16B
Calls: $920.44M (79%)
Puts: $243.61M (21%)
Prior (09/02) $653.31M
Calls: $437.47M (67%)
Puts: $215.84M (33%)
Current vs Prior +78.18%
Calls: +110.40%
Puts: +12.86%
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 +8.57%
Calls: +63.01%
Puts: -52.00%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/03 11:40am) 0.90
Prior (09/02) 1.10
Current vs Prior -18.49%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -18.85%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/03 11:40am) 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 0.33% | 0.66%0.66% | 1.03%0.66% | 1.36%1.85% | 3.55%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -40.57% | -16.92%+232.26% | +29.51%-16.91% | -1.98%+0.02% | -1.82%
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 -42.56% | -17.41%+71.44% | +22.44%-18.50% | -8.72%-19.97% | -7.71%
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 -40.57% | -16.92%+232.26% | +29.51%-16.91% | -1.98%+0.02% | -1.82%
Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 0.78% | 0.93%
Calls: 0.75% | 1.44%
Puts: 0.80% | 0.43%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior -30.36% | +3.33%
Prior 7-Day Avg 1.49% | 1.18%
Calls: 1.14% | 1.11%
Puts: 1.84% | 1.25%
Current vs 7-Day Avg -47.65% | -21.19%
Liquidity Excellent
+
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🤖 AI Insights

Strong bullish conviction with 79% of dollar volume in calls ($920.44M) vs puts ($243.61M). Elevated premium activity with dollar volume up 78% vs prior. Put-heavy open interest (7,141,306 puts vs 2,526,461 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow BULLISH
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
11:40BULLISHBULLISHBULLISH
11:35BULLISHBULLISHBULLISH
11:30BULLISHBULLISHBULLISH
11:25BULLISHBULLISHBULLISH
11:20BULLISHBULLISHBULLISH
11:15BULLISHNEUTRALBULLISH
11:10BULLISHNEUTRALBULLISH
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 2,335 of results (avg 2.8%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Oct 1614.6414.67$14.660.2%2030.491.7K
$776.00Oct 1612.3012.33$12.320.2%900.461.4K
$777.00Oct 1611.7511.78$11.770.3%630.44908
$773.00Oct 1614.0314.07$14.050.3%3580.481.4K
$685.00Sep 387.3887.63$87.510.3%11.0013
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$920.00Sep 3147.34147.60$147.470.2%11.00--
$774.00Sep 188.198.21$8.200.2%3340.554.5K
$779.00Oct 1615.4915.53$15.510.3%90.58641
$778.00Oct 1614.9915.03$15.010.3%340.57550
$772.00Sep 187.287.30$7.290.3%9990.513.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 744 found (avg $0.33, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$777.00Sep 30.050.06$0.0616.7%30.0K0.051.9K
$776.00Sep 30.100.11$0.119.1%61.2K0.093.7K
$775.00Sep 30.200.21$0.214.8%111.2K0.166.8K
$774.00Sep 30.420.43$0.432.3%155.8K0.273.4K
$773.00Sep 30.780.79$0.791.3%256.8K0.424.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Sep 30.210.22$0.224.5%260.5K0.141.8K
$770.00Sep 30.320.33$0.333.0%182.5K0.201.5K
$768.00Sep 30.150.16$0.166.3%332.1K0.101.2K
$771.00Sep 30.500.51$0.512.0%121.1K0.30864
$767.00Sep 30.110.12$0.128.3%225.0K0.071.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,114 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3147.38148.48$147.930.7%--1.0022
$685.00Sep 387.3887.63$87.510.3%11.0013
$700.00Sep 372.4072.64$72.520.3%21.004
$718.00Sep 354.4154.59$54.500.3%161.0032
$719.00Sep 353.4153.59$53.500.3%161.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$783.00Sep 410.2910.64$10.473.3%851.00--
$784.00Sep 411.2811.65$11.473.2%3101.00--
$785.00Sep 412.2312.72$12.483.9%2511.008
$786.00Sep 413.2313.72$13.483.6%291.00--
$790.00Sep 416.8918.06$17.486.7%721.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,246 active (total vol 5.8M, top 444.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 32.832.85$2.840.7%444.4K0.808.0K
$769.00Sep 33.723.75$3.740.8%337.7K0.872.9K
$771.00Sep 32.012.03$2.021.0%335.7K0.707.8K
$772.00Sep 31.321.33$1.330.8%300.6K0.576.4K
$773.00Sep 30.780.79$0.791.3%256.8K0.424.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 30.150.16$0.166.3%332.1K0.101.2K
$769.00Sep 30.210.22$0.224.5%260.5K0.141.8K
$767.00Sep 30.110.12$0.128.3%225.0K0.071.8K
$770.00Sep 30.320.33$0.333.0%182.5K0.201.5K
$771.00Sep 30.500.51$0.512.0%121.1K0.30864

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 30.6%, max 47.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$770.00Sep 3Oct 1616.7%11.4%46.9%445.2K17.9K
$771.00Sep 3Oct 1615.7%11.2%39.8%335.7K9.5K
$773.00Sep 3Oct 1614.6%11.0%32.5%257.2K5.7K
$772.00Sep 3Oct 1614.7%11.1%31.7%300.8K8.2K
$774.00Sep 3Oct 1614.3%10.9%31.0%155.9K4.5K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$770.00Sep 3Oct 1616.8%11.4%47.5%185.0K10.4K
$771.00Sep 3Oct 1615.7%11.3%39.7%121.2K2.3K
$772.00Sep 3Oct 1614.8%11.1%32.7%86.0K3.0K
$773.00Sep 3Oct 1614.5%11.0%31.4%36.0K911
$774.00Sep 3Oct 1614.2%10.9%30.1%10.5K971

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 720 found (best R:R 0.84, avg 4.70)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$742.00$743.00Sep 11$0.25$0.75$0.2596%3.00$742.25
$720.00$721.00Sep 30$0.37$0.63$0.3795%1.70$720.37
$757.00$758.00Sep 11$0.31$0.69$0.3186%2.23$757.31
$758.00$760.00Oct 9$0.82$1.18$0.8268%1.44$758.82
$744.00$745.00Sep 25$0.36$0.64$0.3686%1.78$744.36
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$785.00$780.00Sep 17$2.72$2.28$2.7277%0.84$782.28
$797.00$796.00Oct 2$0.35$0.65$0.3585%1.86$796.65
$775.00$770.00Sep 17$2.04$2.96$2.0455%1.45$772.96
$775.00$770.00Sep 15$2.06$2.94$2.0656%1.43$772.94
$775.00$770.00Sep 16$2.06$2.94$2.0655%1.43$772.94

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 548 found (best R:R 0.74, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$775.00$780.00Sep 14$2.13$2.13$2.8757%0.74$777.13
$775.00$780.00Sep 15$2.18$2.18$2.8256%0.77$777.18
$775.00$780.00Sep 17$2.32$2.32$2.6855%0.87$777.32
$775.00$780.00Sep 16$2.26$2.26$2.7455%0.82$777.26
$780.00$785.00Sep 15$1.40$1.40$3.6070%0.39$781.40
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$767.00$766.00Sep 4$0.13$0.13$0.8781%0.15$766.87
$766.00$765.00Sep 4$0.10$0.10$0.9084%0.11$765.90
$770.00$769.00Sep 3$0.11$0.11$0.8980%0.12$769.89
$768.00$767.00Sep 4$0.16$0.16$0.8477%0.19$767.84
$772.00$771.00Sep 3$0.30$0.30$0.7057%0.43$771.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $1.25, cheapest $1.09)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$772.00Sep 3Sep 4$1.4414.7%12.8%
$773.00Sep 3Sep 4$1.4014.6%13.2%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$772.00Sep 3Sep 4$1.0914.8%12.8%
$773.00Sep 3Sep 4$1.0814.5%13.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 941 found (cheapest 0.26% of stock, avg 4.02%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$773.00Sep 3$0.79$1.25$2.04$770.96$775.040.26%
$772.00Sep 3$1.33$0.81$2.14$769.86$774.140.28%
$774.00Sep 3$0.43$1.90$2.33$771.67$776.330.30%
$771.00Sep 3$2.02$0.51$2.53$768.47$773.530.33%
$775.00Sep 3$0.21$2.68$2.89$772.11$777.890.37%
$770.00Sep 3$2.84$0.33$3.17$766.83$773.170.41%
$776.00Sep 3$0.11$3.59$3.70$772.30$779.700.48%
$769.00Sep 3$3.74$0.22$3.96$765.04$772.960.51%
$774.00Sep 4$1.69$2.82$4.51$769.49$778.510.58%
$777.00Sep 3$0.06$4.53$4.59$772.41$781.590.59%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 385 found (cheapest 0.03% of stock, avg 1.32%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$776.00$768.00Sep 3$0.11$0.16$0.27$767.73$776.27
$776.00$769.00Sep 3$0.11$0.22$0.33$768.67$776.33
$775.00$768.00Sep 3$0.21$0.16$0.37$767.63$775.37
$775.00$769.00Sep 3$0.21$0.22$0.43$768.57$775.43
$776.00$770.00Sep 3$0.11$0.33$0.44$769.56$776.44
$775.00$770.00Sep 3$0.21$0.33$0.54$769.46$775.54
$774.00$769.00Sep 3$0.43$0.22$0.65$768.35$774.65
$774.00$768.00Sep 3$0.43$0.16$0.59$767.41$774.59
$776.00$771.00Sep 3$0.11$0.51$0.62$770.38$776.62
$775.00$771.00Sep 3$0.21$0.51$0.72$770.28$775.72

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 402 found (best R:R 1.04, avg credit $0.66)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
742/743780/781Sep 25$0.51$0.4949%1.04$742.49$780.51
749/750781/782Sep 18$0.48$0.5252%0.92$749.52$781.48
742/743781/782Sep 25$0.49$0.5151%0.96$742.51$781.49
738/739782/783Oct 2$0.51$0.4949%1.04$738.49$782.51
742/743782/783Sep 25$0.47$0.5353%0.89$742.53$782.47
747/748780/781Sep 25$0.54$0.4646%1.17$747.46$780.54
740/741781/782Sep 30$0.51$0.4949%1.04$740.49$781.51
743/744780/781Sep 25$0.51$0.4949%1.04$743.49$780.51
739/740782/783Oct 2$0.51$0.4949%1.04$739.49$782.51
747/748781/782Sep 25$0.52$0.4848%1.08$747.48$781.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 314 found (best R:R 40.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 17$0.12$4.8814%40.67
$755.00$760.00$765.00Sep 16$0.15$4.8514%32.33
$760.00$765.00$770.00Sep 14$0.46$4.5422%9.87
$755.00$760.00$765.00Sep 15$0.30$4.7015%15.67
$750.00$755.00$760.00Sep 14$0.17$4.8310%28.41
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$760.00$765.00$770.00Sep 14$0.49$4.5122%9.20
$755.00$760.00$765.00Sep 14$0.31$4.6915%15.13
$760.00$765.00$770.00Sep 15$0.47$4.5321%9.64
$755.00$760.00$765.00Sep 15$0.31$4.6915%15.13
$760.00$765.00$770.00Sep 16$0.43$4.5719%10.63

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,070 found (best net $-27.09, 1,051 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 3-$27.09$32.91
$725.00$750.001:2Sep 17-$1.70$23.30
$775.00$780.001:2Sep 14-$0.29$4.71
$775.00$780.001:2Sep 15-$0.58$4.42
$780.00$785.001:2Sep 16-$0.33$4.67
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$801.00$791.001:2Sep 10-$8.47$1.53
$775.00$770.001:2Sep 14-$1.99$3.01
$770.00$765.001:2Sep 14-$1.30$3.70
$765.00$760.001:2Sep 14-$0.90$4.10
$720.00$705.001:2Sep 17-$0.14$14.86

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 300 found (best yield 1.82%, avg 0.44%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$773.00Oct 16$14.030.480.1%1.82%1.88%3581.4K
$774.00Oct 16$13.440.470.2%1.74%1.93%641.2K
$775.00Oct 16$12.860.470.3%1.66%1.98%41615.0K
$776.00Oct 16$12.300.460.5%1.59%2.04%901.4K
$777.00Oct 16$11.750.440.6%1.52%2.10%63908
$778.00Oct 16$11.210.430.7%1.45%2.16%1782.9K
$779.00Oct 16$10.690.420.8%1.38%2.22%1191.9K
$780.00Oct 16$10.190.411.0%1.32%2.28%7555.7K
$781.00Oct 16$9.700.401.1%1.26%2.35%612.2K
$782.00Oct 16$9.220.391.2%1.19%2.42%1891.2K

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 3,060,240
Total Puts 2,739,858
Put/Call Ratio 0.90
Net Difference 320,382

Prior's Put/Call Breakdown

Total Calls 1,988,382
Total Puts 2,184,062
Put/Call Ratio 1.10
Net Difference -195,680

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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