Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$773.39 +1.08%
9/3 15:15

Option Volume

Detail
Current (09/03 3:15pm) 10,595,672
Calls: 5,254,985 (50%)
Puts: 5,340,687 (50%)
Prior (09/02) 7,730,142
Calls: 3,501,889 (45%)
Puts: 4,228,253 (55%)
Current vs Prior +37.07%
Calls: +50.06% (Calls)
Puts: +26.31% (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 +10.11%
Calls: +14.62%
Puts: +6.00%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/03 3:15pm) $1.65B
Calls: $1.30B (79%)
Puts: $353.20M (21%)
Prior (09/02) $911.95M
Calls: $503.66M (55%)
Puts: $408.29M (45%)
Current vs Prior +81.14%
Calls: +157.86%
Puts: -13.49%
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 +54.08%
Calls: +130.01%
Puts: -30.40%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/03 3:15pm) 1.02
Prior (09/02) 1.21
Current vs Prior -15.83%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -7.88%
Sentiment BEARISH

Open Interest

Detail
Current (09/03 3:15pm) 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 0.18% | 0.56%0.56% | 0.92%0.56% | 1.26%1.78% | 3.46%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -67.79% | -29.22%+183.09% | +15.69%-29.21% | -9.28%-4.00% | -4.32%
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 -68.87% | -29.63%+46.07% | +9.38%-30.56% | -15.52%-23.18% | -10.06%
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 -67.79% | -29.22%+183.09% | +15.69%-29.21% | -9.28%-4.00% | -4.32%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 2.08% | 1.14%
Calls: 1.61% | 1.30%
Puts: 2.56% | 0.98%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior +85.71% | +26.67%
Prior 7-Day Avg 1.49% | 1.18%
Calls: 1.14% | 1.11%
Puts: 1.84% | 1.25%
Current vs 7-Day Avg +39.60% | -3.39%
Liquidity Good
+
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🤖 AI Insights

Strong bullish conviction with 79% of dollar volume in calls ($1.30B) vs puts ($353.20M). Elevated premium activity with dollar volume up 81% vs prior. Dollar volume significantly above 7-day average (54% higher). Slightly bearish P/C ratio of 1.02.

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
15:15BULLISHNEUTRALMIXED
15:05BULLISHNEUTRALMIXED
15:00BULLISHNEUTRALMIXED
14:55BULLISHNEUTRALMIXED
14:50BULLISHNEUTRALBULLISH
14:45BULLISHNEUTRALBULLISH
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14:35BULLISHNEUTRALBULLISH
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11:15BULLISHNEUTRALBULLISH
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10:55BULLISHNEUTRALBULLISH
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10:45BEARISHNEUTRALMIXED
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10:15BEARISHNEUTRALMIXED
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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 2,324 of results (avg 2.7%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$635.00Sep 3138.29138.47$138.380.1%11.006
$779.00Oct 27.497.50$7.500.1%2440.401.1K
$625.00Sep 3148.27148.47$148.370.1%--1.0022
$773.00Oct 1614.2114.23$14.220.1%6860.491.4K
$774.00Oct 1613.6113.63$13.620.1%2450.481.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Oct 29.029.03$9.020.1%4150.48267
$773.00Sep 258.468.47$8.470.1%5990.52301
$775.00Sep 187.937.94$7.940.1%7460.557.8K
$769.00Sep 307.787.79$7.790.1%1.2K0.45723
$920.00Sep 3146.48146.71$146.600.2%11.00--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 753 found (avg $0.32, cheapest $0.08)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$774.00Sep 30.160.17$0.175.9%607.6K0.263.4K
$773.00Sep 30.610.62$0.621.6%645.9K0.644.3K
$782.00Sep 40.060.07$0.0714.3%7.3K0.044.0K
$781.00Sep 40.090.10$0.1010.0%16.0K0.052.2K
$780.00Sep 40.140.15$0.156.7%37.5K0.0711.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Sep 30.070.08$0.0812.5%563.2K0.13913
$773.00Sep 30.230.24$0.244.2%458.0K0.3615
$774.00Sep 30.770.79$0.782.6%172.7K0.741
$763.00Sep 40.130.14$0.147.1%13.1K0.058.8K
$765.00Sep 40.210.22$0.224.5%38.6K0.0855.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,178 found (avg delta 0.88, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3148.27148.47$148.370.1%--1.0022
$635.00Sep 3138.29138.47$138.380.1%11.006
$685.00Sep 388.2988.58$88.440.3%121.0013
$700.00Sep 373.2973.50$73.400.3%41.004
$715.00Sep 358.2958.46$58.380.3%31.005
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$920.00Sep 3146.48146.71$146.600.2%11.00--
$782.00Sep 48.378.80$8.595.0%1.6K1.00--
$783.00Sep 49.479.73$9.602.7%1.8K1.00--
$784.00Sep 410.5210.73$10.632.0%6301.00--
$785.00Sep 411.3511.73$11.543.3%1.6K1.008

Most actively traded options today. High liquidity = easy entry/exit. 2,539 active (total vol 10.6M, top 645.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 30.610.62$0.621.6%645.9K0.644.3K
$774.00Sep 30.160.17$0.175.9%607.6K0.263.4K
$775.00Sep 30.040.05$0.0520.0%470.3K0.086.8K
$770.00Sep 33.373.46$3.422.6%463.7K0.968.0K
$772.00Sep 31.431.46$1.442.1%434.1K0.886.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Sep 30.070.08$0.0812.5%563.2K0.13913
$773.00Sep 30.230.24$0.244.2%458.0K0.3615
$771.00Sep 30.030.04$0.0425.0%391.7K0.06864
$768.00Sep 30.010.02$0.0250.0%387.4K0.021.2K
$770.00Sep 30.020.03$0.0333.3%360.9K0.031.5K

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 12.8%, max 13.1%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$774.00Sep 3Oct 1612.1%10.7%13.1%607.9K4.5K
$773.00Sep 3Oct 1612.2%10.8%12.5%646.6K5.7K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$774.00Sep 3Oct 1612.1%10.7%13.1%173.0K971
$773.00Sep 3Oct 1612.2%10.8%12.5%458.5K911

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 688 found (best R:R 1.46, avg 4.42)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$723.00$724.00Sep 11$0.12$0.88$0.1299%7.33$723.12
$754.00$755.00Sep 18$0.15$0.85$0.1583%5.67$754.15
$742.00$743.00Oct 2$0.19$0.81$0.1985%4.26$742.19
$734.00$735.00Oct 16$0.21$0.79$0.2185%3.76$734.21
$745.00$746.00Sep 30$0.22$0.78$0.2285%3.55$745.22
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$798.00$795.00Sep 30$1.22$1.78$1.2288%1.46$796.78
$801.00$800.00Oct 2$0.24$0.76$0.2489%3.17$800.76
$798.00$797.00Oct 16$0.20$0.80$0.2079%4.00$797.80
$790.00$788.00Sep 25$1.03$0.97$1.0381%0.94$788.97
$791.00$790.00Sep 18$0.33$0.67$0.3387%2.03$790.67

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 510 found (best R:R 0.82, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$775.00$780.00Sep 15$2.26$2.26$2.7454%0.82$777.26
$775.00$780.00Sep 14$2.20$2.20$2.8054%0.79$777.20
$775.00$780.00Sep 17$2.37$2.37$2.6353%0.90$777.37
$775.00$780.00Sep 16$2.32$2.32$2.6854%0.87$777.32
$780.00$785.00Sep 14$1.33$1.33$3.6770%0.36$781.33
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$773.00$772.00Sep 3$0.16$0.16$0.8464%0.19$772.84
$769.00$768.00Sep 4$0.14$0.14$0.8680%0.16$768.86
$768.00$767.00Sep 4$0.10$0.10$0.9084%0.11$767.90
$762.00$761.00Sep 11$0.14$0.14$0.8682%0.16$761.86
$766.00$765.00Sep 8$0.12$0.12$0.8883%0.14$765.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.53, cheapest $1.38)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$773.00Sep 3Sep 4$1.6812.2%11.5%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$773.00Sep 3Sep 4$1.3812.2%11.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 986 found (cheapest 0.11% of stock, avg 4.03%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$773.00Sep 3$0.62$0.24$0.86$772.14$773.860.11%
$774.00Sep 3$0.17$0.78$0.95$773.05$774.950.12%
$772.00Sep 3$1.44$0.08$1.52$770.48$773.520.20%
$775.00Sep 3$0.05$1.66$1.71$773.29$776.710.22%
$771.00Sep 3$2.42$0.04$2.46$768.54$773.460.32%
$776.00Sep 3$0.03$2.63$2.66$773.34$778.660.34%
$770.00Sep 3$3.42$0.03$3.45$766.55$773.450.45%
$777.00Sep 3$0.02$3.61$3.63$773.37$780.630.47%
$774.00Sep 4$1.72$2.05$3.77$770.23$777.770.49%
$775.00Sep 4$1.24$2.57$3.81$771.19$778.810.49%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 371 found (cheapest 0.01% of stock, avg 1.27%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$775.00$771.00Sep 3$0.05$0.04$0.09$770.91$775.09
$775.00$772.00Sep 3$0.05$0.08$0.13$771.87$775.13
$774.00$772.00Sep 3$0.17$0.08$0.25$771.75$774.25
$774.00$771.00Sep 3$0.17$0.04$0.21$770.79$774.21
$775.00$773.00Sep 3$0.05$0.24$0.29$772.71$775.29
$774.00$773.00Sep 3$0.17$0.24$0.41$772.59$774.41
$790.00$750.00Sep 14$0.41$0.61$1.02$748.98$791.02
$778.00$769.00Sep 4$0.37$0.60$0.97$768.03$778.97
$777.00$769.00Sep 4$0.56$0.60$1.16$767.84$778.16
$778.00$770.00Sep 4$0.37$0.77$1.14$768.86$779.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 360 found (best R:R 1.00, avg credit $0.63)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
745/746781/782Sep 25$0.50$0.5050%1.00$745.50$781.50
742/743782/783Sep 30$0.50$0.5050%1.00$742.50$782.50
745/746782/783Sep 25$0.48$0.5252%0.92$745.52$782.48
748/749781/782Sep 25$0.52$0.4848%1.08$748.48$781.52
751/752780/781Sep 18$0.50$0.5050%1.00$751.50$780.50
742/743783/784Sep 30$0.48$0.5252%0.92$742.52$783.48
744/745782/783Sep 30$0.51$0.4948%1.04$744.49$782.51
750/751780/781Sep 18$0.49$0.5150%0.96$750.51$780.49
747/748781/782Sep 25$0.51$0.4948%1.04$747.49$781.51
748/749782/783Sep 25$0.50$0.5049%1.00$748.50$782.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 313 found (best R:R 12.89, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$760.00$765.00$770.00Sep 17$0.36$4.6418%12.89
$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
$755.00$760.00$765.00Sep 15$0.26$4.7414%18.23
$760.00$765.00$770.00Sep 14$0.49$4.5121%9.20
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$760.00$765.00$770.00Sep 15$0.45$4.5521%10.11
$760.00$765.00$770.00Sep 14$0.48$4.5222%9.42
$765.00$770.00$775.00Sep 14$0.70$4.3028%6.14
$760.00$765.00$770.00Sep 16$0.43$4.5719%10.63
$765.00$770.00$775.00Sep 15$0.67$4.3327%6.46

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 $-9.04, 1,069 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$635.00$700.001:2Sep 8-$9.04$55.96
$665.00$710.001:2Sep 10-$19.18$25.82
$635.00$690.001:2Oct 9-$31.49$23.51
$725.00$750.001:2Sep 17-$1.87$23.13
$635.00$685.001:2Sep 3-$38.50$11.50
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$825.00$805.001:2Sep 18-$13.08$6.92
$795.00$785.001:2Sep 14-$2.21$7.79
$790.00$780.001:2Sep 16-$1.91$8.09
$801.00$791.001:2Sep 10-$7.31$2.69
$830.00$810.001:2Oct 16-$17.57$2.43

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 282 found (best yield 1.76%, avg 0.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$774.00Oct 16$13.610.480.1%1.76%1.84%2451.2K
$775.00Oct 16$13.020.460.2%1.68%1.89%92215.0K
$776.00Oct 16$12.440.460.3%1.61%1.95%2171.4K
$777.00Oct 16$11.890.450.5%1.54%2.00%90908
$778.00Oct 16$11.350.440.6%1.47%2.06%2422.9K
$779.00Oct 16$10.810.430.7%1.40%2.12%2961.9K
$780.00Oct 16$10.300.420.8%1.33%2.19%1.2K5.7K
$781.00Oct 16$9.800.411.0%1.27%2.25%952.2K
$782.00Oct 16$9.330.391.1%1.21%2.32%2161.2K
$783.00Oct 16$8.850.381.2%1.14%2.39%233969

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 5,254,985
Total Puts 5,340,687
Put/Call Ratio 1.02
Net Difference -85,702

Prior's Put/Call Breakdown

Total Calls 3,501,889
Total Puts 4,228,253
Put/Call Ratio 1.21
Net Difference -726,364

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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