Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$772.40 +0.95%
9/3 12:30

Option Volume

Detail
Current (09/03 12:30pm) 7,181,918
Calls: 3,689,302 (51%)
Puts: 3,492,616 (49%)
Prior (09/02) 5,150,944
Calls: 2,329,447 (45%)
Puts: 2,821,497 (55%)
Current vs Prior +39.43%
Calls: +58.38% (Calls)
Puts: +23.79% (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 -25.37%
Calls: -19.53%
Puts: -30.68%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03 12:30pm) $1.25B
Calls: $943.06M (75%)
Puts: $308.70M (25%)
Prior (09/02) $716.16M
Calls: $387.40M (54%)
Puts: $328.77M (46%)
Current vs Prior +74.79%
Calls: +143.43%
Puts: -6.10%
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 +16.76%
Calls: +67.02%
Puts: -39.17%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/03 12:30pm) 0.95
Prior (09/02) 1.21
Current vs Prior -21.84%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -14.19%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/03 12:30pm) 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 0.28% | 0.62%0.62% | 0.98%0.62% | 1.31%1.80% | 3.51%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -49.55% | -22.44%+210.17% | +22.85%-22.44% | -5.52%-2.54% | -2.94%
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 -51.24% | -22.90%+60.04% | +16.15%-23.92% | -12.02%-22.02% | -8.76%
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 -49.55% | -22.44%+210.17% | +22.85%-22.44% | -5.52%-2.54% | -2.94%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.91% | 1.24%
Calls: 0.94% | 1.59%
Puts: 0.88% | 0.89%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior -18.75% | +37.78%
Prior 7-Day Avg 1.49% | 1.18%
Calls: 1.14% | 1.11%
Puts: 1.84% | 1.25%
Current vs 7-Day Avg -38.93% | +5.08%
Liquidity Excellent
+
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🤖 AI Insights

Strong bullish conviction with 75% of dollar volume in calls ($943.06M) vs puts ($308.70M). Elevated premium activity with dollar volume up 75% vs prior. P/C ratio dropping 22% - sentiment shifting bullish. 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 BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
12:30BULLISHNEUTRALBULLISH
12:25BULLISHNEUTRALBULLISH
12:20BULLISHNEUTRALBULLISH
12:15BULLISHNEUTRALBULLISH
12:10BULLISHNEUTRALBULLISH
12:05BULLISHNEUTRALBULLISH
12:00BULLISHNEUTRALBULLISH
11:55BULLISHBULLISHBULLISH
11:50BULLISHBULLISHBULLISH
11:45BULLISHBULLISHBULLISH
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 2,344 of results (avg 2.6%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$635.00Sep 3137.32137.51$137.420.1%11.006
$625.00Sep 3147.31147.53$147.420.1%--1.0022
$772.00Sep 3010.0810.10$10.090.2%3410.481.6K
$685.00Sep 387.3287.50$87.410.2%121.0013
$772.00Oct 1614.3914.42$14.410.2%2960.491.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$920.00Sep 3147.49147.68$147.590.1%11.00--
$773.00Sep 187.637.64$7.640.1%1.0K0.534.3K
$771.00Sep 186.756.76$6.760.1%8050.492.7K
$744.00Oct 165.135.14$5.140.2%6170.231.3K
$772.00Sep 309.499.51$9.500.2%5430.52517

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 762 found (avg $0.32, cheapest $0.11)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$775.00Sep 30.100.11$0.119.1%197.0K0.106.8K
$776.00Sep 30.050.06$0.0616.7%104.7K0.063.7K
$774.00Sep 30.220.23$0.234.3%254.4K0.203.4K
$773.00Sep 30.520.53$0.531.9%373.7K0.374.3K
$781.00Sep 40.100.11$0.119.1%4.1K0.052.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 30.230.24$0.244.2%258.0K0.171.5K
$769.00Sep 30.150.16$0.166.3%289.1K0.111.8K
$771.00Sep 30.380.39$0.392.6%212.9K0.28864
$768.00Sep 30.110.12$0.128.3%363.6K0.081.2K
$772.00Sep 30.650.66$0.661.5%220.8K0.43913

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,141 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3147.31147.53$147.420.1%--1.0022
$635.00Sep 3137.32137.51$137.420.1%11.006
$685.00Sep 387.3287.50$87.410.2%121.0013
$700.00Sep 372.3272.50$72.410.2%21.004
$718.00Sep 354.3254.51$54.420.3%171.0032
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$920.00Sep 3147.49147.68$147.590.1%11.00--
$782.00Sep 49.479.83$9.653.7%8121.00--
$783.00Sep 410.4810.83$10.663.3%2301.00--
$784.00Sep 411.4611.84$11.653.3%3101.00--
$785.00Sep 412.4512.84$12.653.1%1.3K1.008

Most actively traded options today. High liquidity = easy entry/exit. 2,372 active (total vol 7.2M, top 451.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 32.612.64$2.631.1%451.1K0.838.0K
$773.00Sep 30.520.53$0.531.9%373.7K0.374.3K
$771.00Sep 31.771.79$1.781.1%346.6K0.737.8K
$769.00Sep 33.543.57$3.560.8%341.3K0.892.9K
$772.00Sep 31.051.06$1.060.9%339.2K0.576.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 30.110.12$0.128.3%363.6K0.081.2K
$769.00Sep 30.150.16$0.166.3%289.1K0.111.8K
$770.00Sep 30.230.24$0.244.2%258.0K0.171.5K
$767.00Sep 30.090.10$0.1010.0%236.8K0.061.8K
$772.00Sep 30.650.66$0.661.5%220.8K0.43913

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 23.6%, max 40.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$770.00Sep 3Oct 1615.8%11.2%40.8%452.0K17.9K
$771.00Sep 3Oct 1614.3%11.1%28.5%346.7K9.5K
$772.00Sep 3Oct 1613.1%11.0%19.0%339.5K8.2K
$774.00Sep 3Oct 1612.4%10.8%15.0%254.5K4.5K
$773.00Sep 3Oct 1612.5%10.9%14.9%374.1K5.7K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$770.00Sep 3Oct 1615.8%11.2%40.8%260.9K10.4K
$771.00Sep 3Oct 1614.3%11.1%28.5%213.1K2.3K
$772.00Sep 3Oct 1613.1%11.0%19.0%221.2K3.0K
$774.00Sep 3Oct 1612.4%10.8%15.0%32.8K971
$773.00Sep 3Oct 1612.5%10.9%14.9%116.8K911

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 723 found (best R:R 0.79, avg 4.71)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$740.00$741.00Oct 9$0.20$0.80$0.2083%4.00$740.20
$742.00$743.00Sep 11$0.37$0.63$0.3796%1.70$742.37
$743.00$744.00Oct 2$0.26$0.74$0.2684%2.85$743.26
$727.00$728.00Oct 16$0.30$0.70$0.3087%2.33$727.30
$739.00$740.00Oct 2$0.30$0.70$0.3086%2.33$739.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$785.00$780.00Sep 17$2.80$2.20$2.8078%0.79$782.20
$788.00$787.00Sep 18$0.23$0.77$0.2383%3.35$787.77
$790.00$789.00Sep 18$0.37$0.63$0.3786%1.70$789.63
$797.00$796.00Oct 2$0.37$0.63$0.3786%1.70$796.63
$775.00$770.00Sep 17$2.09$2.91$2.0955%1.39$772.91

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 530 found (best R:R 0.70, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$775.00$780.00Sep 14$2.06$2.06$2.9457%0.70$777.06
$775.00$780.00Sep 15$2.12$2.12$2.8857%0.74$777.12
$775.00$780.00Sep 17$2.26$2.26$2.7455%0.82$777.26
$775.00$780.00Sep 16$2.21$2.21$2.7956%0.79$777.21
$780.00$785.00Sep 17$1.59$1.59$3.4167%0.47$781.59
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$759.00$758.00Sep 11$0.12$0.12$0.8884%0.14$758.88
$768.00$767.00Sep 4$0.15$0.15$0.8578%0.18$767.85
$765.00$764.00Sep 8$0.13$0.13$0.8781%0.15$764.87
$763.00$762.00Sep 9$0.12$0.12$0.8883%0.14$762.88
$762.00$761.00Sep 10$0.13$0.13$0.8782%0.15$761.87

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $1.29, cheapest $1.15)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$772.00Sep 3Sep 4$1.4613.1%12.1%
$773.00Sep 3Sep 4$1.4312.5%12.3%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$772.00Sep 3Sep 4$1.1513.1%12.1%
$773.00Sep 3Sep 4$1.1112.5%12.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 960 found (cheapest 0.21% of stock, avg 3.98%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$773.00Sep 3$0.53$1.13$1.66$771.34$774.660.21%
$772.00Sep 3$1.06$0.66$1.72$770.28$773.720.22%
$774.00Sep 3$0.23$1.84$2.07$771.93$776.070.27%
$771.00Sep 3$1.78$0.39$2.17$768.83$773.170.28%
$770.00Sep 3$2.63$0.24$2.87$767.13$772.870.37%
$775.00Sep 3$0.11$2.71$2.82$772.18$777.820.37%
$769.00Sep 3$3.56$0.16$3.72$765.28$772.720.48%
$776.00Sep 3$0.06$3.67$3.73$772.27$779.730.48%
$773.00Sep 4$1.96$2.24$4.20$768.80$777.200.54%
$774.00Sep 4$1.47$2.76$4.23$769.77$778.230.55%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 385 found (cheapest 0.02% of stock, avg 1.28%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$776.00$768.00Sep 3$0.06$0.12$0.18$767.82$776.18
$775.00$769.00Sep 3$0.11$0.16$0.27$768.73$775.27
$775.00$768.00Sep 3$0.11$0.12$0.23$767.77$775.23
$776.00$769.00Sep 3$0.06$0.16$0.22$768.78$776.22
$776.00$770.00Sep 3$0.06$0.24$0.30$769.70$776.30
$775.00$770.00Sep 3$0.11$0.24$0.35$769.65$775.35
$774.00$769.00Sep 3$0.23$0.16$0.39$768.61$774.39
$774.00$768.00Sep 3$0.23$0.12$0.35$767.65$774.35
$774.00$770.00Sep 3$0.23$0.24$0.47$769.53$774.47
$775.00$771.00Sep 3$0.11$0.39$0.50$770.50$775.50

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 392 found (best R:R 1.04, avg credit $0.64)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
740/741781/782Sep 30$0.51$0.4950%1.04$740.49$781.51
745/746780/781Sep 25$0.52$0.4848%1.08$745.48$780.52
748/749779/780Sep 18$0.50$0.5050%1.00$748.50$779.50
741/742781/782Sep 30$0.51$0.4949%1.04$741.49$781.51
744/745780/781Sep 25$0.51$0.4949%1.04$744.49$780.51
743/744781/782Sep 30$0.52$0.4848%1.08$743.48$781.52
747/748780/781Sep 25$0.53$0.4747%1.13$747.47$780.53
746/747781/782Sep 30$0.54$0.4646%1.17$746.46$781.54
748/749782/783Sep 18$0.43$0.5757%0.75$748.57$782.43
746/747780/781Sep 25$0.52$0.4848%1.08$746.48$780.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 288 found (best R:R 13.29, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$760.00$765.00$770.00Sep 17$0.35$4.6519%13.29
$760.00$765.00$770.00Sep 14$0.48$4.5222%9.42
$750.00$755.00$760.00Sep 14$0.14$4.8610%34.71
$760.00$765.00$770.00Sep 15$0.47$4.5321%9.64
$755.00$760.00$765.00Sep 15$0.30$4.7016%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$760.00$765.00$770.00Sep 14$0.51$4.4922%8.80
$760.00$765.00$770.00Sep 15$0.49$4.5121%9.20
$755.00$760.00$765.00Sep 15$0.32$4.6816%14.62
$765.00$770.00$775.00Sep 14$0.72$4.2828%5.94
$760.00$765.00$770.00Sep 16$0.46$4.5420%9.87

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,095 found (best net $-7.96, 1,075 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$635.00$700.001:2Sep 8-$7.96$57.04
$635.00$690.001:2Oct 9-$30.59$24.41
$725.00$750.001:2Sep 17-$1.59$23.41
$635.00$685.001:2Sep 3-$37.40$12.60
$775.00$780.001:2Sep 14-$0.17$4.83
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$790.00$780.001:2Sep 16-$1.97$8.03
$801.00$791.001:2Sep 10-$8.44$1.56
$775.00$770.001:2Sep 14-$1.81$3.19
$770.00$765.001:2Sep 14-$1.14$3.86
$765.00$760.001:2Sep 14-$0.77$4.23

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
$773.00Oct 16$13.790.480.1%1.79%1.86%3831.4K
$774.00Oct 16$13.200.460.2%1.71%1.92%1451.2K
$775.00Oct 16$12.630.460.3%1.64%1.97%59515.0K
$776.00Oct 16$12.070.450.5%1.56%2.03%1431.4K
$777.00Oct 16$11.530.440.6%1.49%2.09%71908
$778.00Oct 16$11.000.430.7%1.42%2.15%2182.9K
$779.00Oct 16$10.480.420.8%1.36%2.21%1201.9K
$780.00Oct 16$9.980.411.0%1.29%2.28%9835.7K
$781.00Oct 16$9.500.401.1%1.23%2.34%662.2K
$782.00Oct 16$9.030.381.2%1.17%2.41%1921.2K

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 3,689,302
Total Puts 3,492,616
Put/Call Ratio 0.95
Net Difference 196,686

Prior's Put/Call Breakdown

Total Calls 2,329,447
Total Puts 2,821,497
Put/Call Ratio 1.21
Net Difference -492,050

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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