Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$773.67 +1.11%
9/3 15:00

Option Volume

Detail
Current (09/03 3:00pm) 10,332,806
Calls: 5,145,531 (50%)
Puts: 5,187,275 (50%)
Prior (09/02) 7,678,554
Calls: 3,481,204 (45%)
Puts: 4,197,350 (55%)
Current vs Prior +34.57%
Calls: +47.81% (Calls)
Puts: +23.58% (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 +7.37%
Calls: +12.23%
Puts: +2.95%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/03 3:00pm) $1.71B
Calls: $1.38B (81%)
Puts: $330.53M (19%)
Prior (09/02) $908.76M
Calls: $483.41M (53%)
Puts: $425.35M (47%)
Current vs Prior +88.12%
Calls: +185.28%
Puts: -22.29%
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 +59.46%
Calls: +144.24%
Puts: -34.87%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/03 3:00pm) 1.01
Prior (09/02) 1.21
Current vs Prior -16.39%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -8.62%
Sentiment BEARISH

Open Interest

Detail
Current (09/03 3:00pm) 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 0.19% | 0.57%0.57% | 0.93%0.57% | 1.27%1.79% | 3.47%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -65.96% | -28.10%+187.52% | +17.44%-28.10% | -8.66%-3.40% | -3.96%
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 -67.10% | -28.53%+48.35% | +11.03%-29.48% | -14.94%-22.71% | -9.72%
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 -65.96% | -28.10%+187.52% | +17.44%-28.10% | -8.66%-3.40% | -3.96%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.39% | 0.46%
Calls: 1.16% | 0.40%
Puts: 1.61% | 0.52%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior +24.11% | -48.89%
Prior 7-Day Avg 1.49% | 1.18%
Calls: 1.14% | 1.11%
Puts: 1.84% | 1.25%
Current vs 7-Day Avg -6.71% | -61.02%
Liquidity Excellent
+
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🤖 AI Insights

Strong bullish conviction with 81% of dollar volume in calls ($1.38B) vs puts ($330.53M). Elevated premium activity with dollar volume up 88% vs prior. Dollar volume significantly above 7-day average (59% higher). Slightly bearish P/C ratio of 1.01.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
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
15:00BULLISHNEUTRALMIXED
14:55BULLISHNEUTRALMIXED
14:50BULLISHNEUTRALBULLISH
14:45BULLISHNEUTRALBULLISH
14:40BULLISHNEUTRALBULLISH
14:35BULLISHNEUTRALBULLISH
14:30BULLISHNEUTRALBULLISH
14:25BULLISHNEUTRALBULLISH
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14:00BULLISHNEUTRALBULLISH
13:55BULLISHNEUTRALBULLISH
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12:00BULLISHNEUTRALBULLISH
11:55BULLISHBULLISHBULLISH
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11:20BULLISHBULLISHBULLISH
11:15BULLISHNEUTRALBULLISH
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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 2,327 of results (avg 2.6%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$775.00Oct 1613.2313.25$13.240.2%8970.4715.0K
$625.00Sep 3148.49148.73$148.610.2%--1.0022
$685.00Sep 388.5788.72$88.650.2%121.0013
$775.00Sep 155.165.17$5.170.2%1.0K0.47479
$774.00Oct 210.3310.35$10.340.2%2750.471.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$775.00Sep 187.817.82$7.820.1%7220.547.8K
$772.00Sep 186.466.47$6.470.2%2.0K0.483.2K
$771.00Sep 186.066.07$6.070.2%1.5K0.462.7K
$772.00Oct 1611.6011.62$11.610.2%5030.492.0K
$770.00Oct 1610.8510.87$10.860.2%3.6K0.468.8K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 755 found (avg $0.32, cheapest $0.08)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$775.00Sep 30.070.08$0.0812.5%445.2K0.136.8K
$774.00Sep 30.280.29$0.293.4%579.4K0.383.4K
$773.00Sep 30.850.86$0.861.2%635.3K0.734.3K
$782.00Sep 40.060.07$0.0714.3%7.3K0.044.0K
$781.00Sep 40.100.11$0.119.1%15.8K0.062.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 30.180.19$0.195.3%424.2K0.2715
$772.00Sep 30.070.08$0.0812.5%536.5K0.11913
$774.00Sep 30.610.62$0.621.6%153.2K0.621
$764.00Sep 40.160.17$0.175.9%16.9K0.066.3K
$763.00Sep 40.130.14$0.147.1%13.0K0.058.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,173 found (avg delta 0.88, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3148.49148.73$148.610.2%--1.0022
$635.00Sep 3138.18138.72$138.450.4%11.006
$685.00Sep 388.5788.72$88.650.2%121.0013
$700.00Sep 373.3873.72$73.550.5%41.004
$718.00Sep 355.5655.72$55.640.3%171.0032
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$920.00Sep 3146.28146.85$146.570.4%11.00--
$782.00Sep 48.278.52$8.403.0%1.6K1.00--
$783.00Sep 49.279.38$9.321.2%1.8K1.00--
$784.00Sep 410.2710.63$10.453.4%3401.00--
$785.00Sep 411.2511.63$11.443.3%1.3K1.008

Most actively traded options today. High liquidity = easy entry/exit. 2,531 active (total vol 10.3M, top 635.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 30.850.86$0.861.2%635.3K0.734.3K
$774.00Sep 30.280.29$0.293.4%579.4K0.383.4K
$770.00Sep 33.633.74$3.693.0%462.4K0.958.0K
$775.00Sep 30.070.08$0.0812.5%445.2K0.136.8K
$772.00Sep 31.731.75$1.741.1%431.7K0.896.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Sep 30.070.08$0.0812.5%536.5K0.11913
$773.00Sep 30.180.19$0.195.3%424.2K0.2715
$768.00Sep 30.020.03$0.0333.3%385.9K0.021.2K
$771.00Sep 30.040.05$0.0520.0%371.9K0.06864
$770.00Sep 30.030.04$0.0425.0%357.1K0.041.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 9.9%, max 10.5%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$773.00Sep 3Oct 1612.0%10.9%10.5%636.0K5.7K
$774.00Sep 3Oct 1611.8%10.8%9.4%579.6K4.5K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$773.00Sep 3Oct 1612.0%10.9%10.5%424.8K911
$774.00Sep 3Oct 1611.8%10.8%9.4%153.5K971

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 684 found (best R:R 9.00, avg 4.48)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$723.00$724.00Sep 11$0.10$0.90$0.1099%9.00$723.10
$746.00$748.00Sep 25$0.92$1.08$0.9287%1.17$746.92
$740.00$741.00Oct 16$0.12$0.88$0.1282%7.33$740.12
$742.00$743.00Sep 30$0.18$0.82$0.1887%4.56$742.18
$719.00$720.00Sep 18$0.32$0.68$0.32100%2.12$719.32
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$791.00$790.00Sep 18$0.32$0.68$0.3286%2.12$790.68
$780.00$775.00Sep 17$2.58$2.42$2.5864%0.94$777.42
$775.00$770.00Sep 17$1.93$3.07$1.9352%1.59$773.07
$780.00$775.00Sep 16$2.65$2.35$2.6565%0.89$777.35
$780.00$775.00Sep 14$2.79$2.21$2.7969%0.79$777.21

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 511 found (best R:R 0.82, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$775.00$780.00Sep 14$2.25$2.25$2.7554%0.82$777.25
$775.00$780.00Sep 15$2.30$2.30$2.7053%0.85$777.30
$775.00$780.00Sep 17$2.41$2.41$2.5953%0.93$777.41
$775.00$780.00Sep 16$2.37$2.37$2.6353%0.90$777.37
$780.00$785.00Sep 14$1.40$1.40$3.6069%0.39$781.40
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$773.00$772.00Sep 3$0.11$0.11$0.8973%0.12$772.89
$769.00$768.00Sep 4$0.13$0.13$0.8782%0.15$768.87
$762.00$761.00Sep 11$0.14$0.14$0.8682%0.16$761.86
$770.00$769.00Sep 4$0.16$0.16$0.8477%0.19$769.84
$771.00$770.00Sep 4$0.21$0.21$0.7971%0.27$770.79

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.46, cheapest $1.30)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$774.00Sep 3Sep 4$1.6111.8%11.8%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$774.00Sep 3Sep 4$1.3011.8%11.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 984 found (cheapest 0.12% of stock, avg 4.03%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$774.00Sep 3$0.29$0.62$0.91$773.09$774.910.12%
$773.00Sep 3$0.86$0.19$1.05$771.95$774.050.14%
$775.00Sep 3$0.08$1.41$1.49$773.51$776.490.19%
$772.00Sep 3$1.74$0.08$1.82$770.18$773.820.24%
$776.00Sep 3$0.03$2.36$2.39$773.61$778.390.31%
$771.00Sep 3$2.70$0.05$2.75$768.25$773.750.36%
$777.00Sep 3$0.02$3.35$3.37$773.63$780.370.44%
$770.00Sep 3$3.69$0.04$3.73$766.27$773.730.48%
$774.00Sep 4$1.90$1.92$3.82$770.18$777.820.49%
$775.00Sep 4$1.40$2.42$3.82$771.18$778.820.49%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 371 found (cheapest 0.02% of stock, avg 1.29%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$775.00$772.00Sep 3$0.08$0.08$0.16$771.84$775.16
$775.00$771.00Sep 3$0.08$0.05$0.13$770.87$775.13
$775.00$773.00Sep 3$0.08$0.19$0.27$772.73$775.27
$774.00$771.00Sep 3$0.29$0.05$0.34$770.66$774.34
$774.00$773.00Sep 3$0.29$0.19$0.48$772.52$774.48
$774.00$772.00Sep 3$0.29$0.08$0.37$771.63$774.37
$778.00$769.00Sep 4$0.43$0.56$0.99$768.01$778.99
$790.00$750.00Sep 14$0.45$0.59$1.04$748.96$791.04
$778.00$770.00Sep 4$0.43$0.72$1.15$768.85$779.15
$777.00$769.00Sep 4$0.66$0.56$1.22$767.78$778.22

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 366 found (best R:R 1.08, avg credit $0.61)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
743/744782/783Sep 30$0.52$0.4849%1.08$743.48$782.52
743/744783/784Sep 30$0.50$0.5050%1.00$743.50$783.50
754/755780/781Sep 18$0.54$0.4646%1.17$754.46$780.54
751/752780/781Sep 18$0.51$0.4949%1.04$751.49$780.51
750/751780/781Sep 18$0.50$0.5050%1.00$750.50$780.50
746/747782/783Sep 30$0.53$0.4747%1.13$746.47$782.53
746/747781/782Sep 25$0.51$0.4949%1.04$746.49$781.51
745/746781/782Sep 25$0.50$0.5050%1.00$745.50$781.50
746/747782/783Sep 25$0.49$0.5150%0.96$746.51$782.49
745/746782/783Sep 30$0.52$0.4848%1.08$745.48$782.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 327 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 15$0.05$4.9514%99.00
$760.00$765.00$770.00Sep 15$0.41$4.5920%11.20
$760.00$765.00$770.00Sep 14$0.44$4.5621%10.36
$760.00$765.00$770.00Sep 17$0.37$4.6318%12.51
$750.00$755.00$760.00Sep 14$0.12$4.889%40.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$765.00$770.00$775.00Sep 14$0.68$4.3228%6.35
$760.00$765.00$770.00Sep 15$0.44$4.5620%10.36
$760.00$765.00$770.00Sep 14$0.47$4.5321%9.64
$755.00$760.00$765.00Sep 14$0.29$4.7114%16.24
$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. 1,093 found (best net $-9.10, 1,072 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$635.00$700.001:2Sep 8-$9.10$55.90
$665.00$710.001:2Sep 10-$19.24$25.76
$635.00$690.001:2Oct 9-$31.71$23.29
$725.00$750.001:2Sep 17-$2.12$22.88
$635.00$685.001:2Sep 3-$38.85$11.15
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$795.00$785.001:2Sep 14-$1.96$8.04
$825.00$805.001:2Sep 18-$13.25$6.75
$790.00$780.001:2Sep 16-$1.02$8.98
$801.00$791.001:2Sep 10-$7.33$2.67
$830.00$810.001:2Oct 16-$18.15$1.85

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 290 found (best yield 1.78%, avg 0.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$774.00Oct 16$13.810.480.0%1.78%1.83%2451.2K
$775.00Oct 16$13.230.470.2%1.71%1.88%89715.0K
$776.00Oct 16$12.640.470.3%1.63%1.93%2141.4K
$777.00Oct 16$12.080.460.4%1.56%1.99%90908
$778.00Oct 16$11.530.440.6%1.49%2.05%2412.9K
$779.00Oct 16$11.000.430.7%1.42%2.11%2921.9K
$780.00Oct 16$10.480.420.8%1.35%2.17%1.2K5.7K
$781.00Oct 16$9.980.410.9%1.29%2.24%862.2K
$782.00Oct 16$9.490.401.1%1.23%2.30%2161.2K
$783.00Oct 16$9.020.391.2%1.17%2.37%230969

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 5,145,531
Total Puts 5,187,275
Put/Call Ratio 1.01
Net Difference -41,744

Prior's Put/Call Breakdown

Total Calls 3,481,204
Total Puts 4,197,350
Put/Call Ratio 1.21
Net Difference -716,146

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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