Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$773.48 +1.09%
9/3 15:30

Option Volume

Detail
Current (09/03 3:30pm) 10,969,612
Calls: 5,386,336 (49%)
Puts: 5,583,276 (51%)
Prior (09/02) 8,129,545
Calls: 3,686,422 (45%)
Puts: 4,443,123 (55%)
Current vs Prior +34.94%
Calls: +46.11% (Calls)
Puts: +25.66% (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 +13.99%
Calls: +17.48%
Puts: +10.81%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/03 3:30pm) $1.73B
Calls: $1.34B (77%)
Puts: $389.95M (23%)
Prior (09/02) $974.44M
Calls: $606.20M (62%)
Puts: $368.24M (38%)
Current vs Prior +77.39%
Calls: +120.82%
Puts: +5.89%
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 +61.23%
Calls: +137.07%
Puts: -23.16%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/03 3:30pm) 1.04
Prior (09/02) 1.21
Current vs Prior -14.00%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -6.04%
Sentiment BEARISH

Open Interest

Detail
Current (09/03 3:30pm) 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 0.17% | 0.56%0.56% | 0.92%0.56% | 1.26%1.78% | 3.45%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -69.40% | -28.90%+184.35% | +16.17%-28.90% | -9.28%-3.94% | -4.47%
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 -70.43% | -29.32%+46.72% | +9.83%-30.26% | -15.53%-23.13% | -10.20%
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 -69.40% | -28.90%+184.35% | +16.17%-28.90% | -9.28%-3.94% | -4.47%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 2.26% | 0.67%
Calls: 3.03% | 0.84%
Puts: 1.49% | 0.50%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior +101.79% | -25.56%
Prior 7-Day Avg 1.49% | 1.18%
Calls: 1.14% | 1.11%
Puts: 1.84% | 1.25%
Current vs 7-Day Avg +51.68% | -43.22%
Liquidity Excellent
+
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🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($1.34B) vs puts ($389.95M). Elevated premium activity with dollar volume up 77% vs prior. Dollar volume significantly above 7-day average (61% higher). Slightly bearish P/C ratio of 1.04.

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
15:30BULLISHNEUTRALMIXED
15:25BULLISHNEUTRALMIXED
15:20BULLISHNEUTRALMIXED
15:15BULLISHNEUTRALMIXED
15:05BULLISHNEUTRALMIXED
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14:55BULLISHNEUTRALMIXED
14:50BULLISHNEUTRALBULLISH
14:45BULLISHNEUTRALBULLISH
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11:15BULLISHNEUTRALBULLISH
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10:55BULLISHNEUTRALBULLISH
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10:45BEARISHNEUTRALMIXED
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10:30BULLISHNEUTRALBULLISH
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10:15BEARISHNEUTRALMIXED
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10:00BULLISHBULLISHBULLISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
09:45BULLISHBULLISHBULLISH
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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 2,211 of results (avg 2.8%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Oct 1614.2314.25$14.240.1%7270.491.4K
$774.00Oct 1613.6313.65$13.640.1%2870.481.2K
$776.00Oct 1612.4712.49$12.480.2%2180.461.4K
$774.00Oct 911.9411.96$11.950.2%1.2K0.47149
$778.00Oct 1611.3711.39$11.380.2%2420.442.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 186.946.95$6.950.1%1.6K0.514.3K
$772.00Sep 186.516.52$6.520.2%2.0K0.493.2K
$763.00Sep 305.905.91$5.910.2%4740.351.2K
$775.00Sep 145.325.33$5.330.2%9230.54118
$776.00Sep 3010.6010.62$10.610.2%1810.56422

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 745 found (avg $0.32, cheapest $0.17)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$774.00Sep 30.160.17$0.175.9%643.1K0.273.4K
$773.00Sep 30.650.67$0.663.0%665.9K0.694.3K
$782.00Sep 40.060.07$0.0714.3%7.6K0.044.0K
$781.00Sep 40.100.11$0.119.1%16.3K0.052.2K
$780.00Sep 40.160.17$0.175.9%39.5K0.0811.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 30.160.17$0.175.9%501.8K0.3115
$774.00Sep 30.660.67$0.671.5%196.9K0.741
$761.00Sep 40.080.09$0.0911.1%10.6K0.036.3K
$765.00Sep 40.190.20$0.205.0%40.0K0.0755.5K
$766.00Sep 40.240.25$0.254.0%24.3K0.096.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,182 found (avg delta 0.88, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3148.11148.55$148.330.3%--1.0022
$635.00Sep 3138.14138.55$138.350.3%11.006
$620.00Sep 4151.99155.51$153.752.3%--1.0023
$625.00Sep 4147.00150.40$148.702.3%221.0026
$630.00Sep 4142.00145.46$143.732.4%11.0010
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$776.00Sep 32.472.55$2.513.2%8.2K1.00--
$777.00Sep 33.503.58$3.542.3%3.5K1.001
$778.00Sep 34.464.53$4.501.6%1.1K1.001
$779.00Sep 35.465.54$5.501.5%6291.00--
$780.00Sep 36.466.68$6.573.3%8591.0027

Most actively traded options today. High liquidity = easy entry/exit. 2,550 active (total vol 11.0M, top 665.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 30.650.67$0.663.0%665.9K0.694.3K
$774.00Sep 30.160.17$0.175.9%643.1K0.273.4K
$775.00Sep 30.030.04$0.0425.0%489.7K0.066.8K
$770.00Sep 33.453.55$3.502.9%464.5K0.978.0K
$772.00Sep 31.511.55$1.532.6%437.1K0.906.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Sep 30.040.05$0.0520.0%609.4K0.10913
$773.00Sep 30.160.17$0.175.9%501.8K0.3115
$771.00Sep 30.020.03$0.0333.3%395.4K0.04864
$768.00Sep 30.010.02$0.0250.0%389.4K0.021.2K
$770.00Sep 30.010.02$0.0250.0%366.1K0.031.5K

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 17.2%, max 18.4%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$773.00Sep 3Oct 1612.8%10.8%18.4%666.6K5.7K
$774.00Sep 3Oct 1612.4%10.7%16.0%643.4K4.5K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$773.00Sep 3Oct 1612.8%10.8%18.4%502.3K911
$774.00Sep 3Oct 1612.4%10.7%16.0%197.2K971

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 677 found (best R:R 2.92, avg 4.37)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$723.00$724.00Sep 11$0.18$0.82$0.1899%4.56$723.18
$740.00$741.00Oct 16$0.12$0.88$0.1282%7.33$740.12
$750.00$752.00Oct 9$0.91$1.09$0.9177%1.20$750.91
$750.00$751.00Sep 18$0.26$0.74$0.2687%2.85$750.26
$740.00$741.00Sep 18$0.34$0.66$0.3494%1.94$740.34
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$789.00$787.00Oct 16$0.51$1.49$0.5169%2.92$788.49
$794.00$793.00Sep 18$0.15$0.85$0.1590%5.67$793.85
$800.00$799.00Oct 16$0.11$0.89$0.1181%8.09$799.89
$793.00$790.00Sep 30$1.79$1.21$1.7982%0.68$791.21
$788.00$787.00Sep 30$0.19$0.81$0.1976%4.26$787.81

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 508 found (best R:R 0.79, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$775.00$780.00Sep 14$2.21$2.21$2.7954%0.79$777.21
$775.00$780.00Sep 15$2.25$2.25$2.7554%0.82$777.25
$775.00$780.00Sep 17$2.38$2.38$2.6253%0.91$777.38
$775.00$780.00Sep 16$2.33$2.33$2.6754%0.87$777.33
$780.00$785.00Sep 15$1.43$1.43$3.5768%0.40$781.43
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$773.00$772.00Sep 3$0.12$0.12$0.8869%0.14$772.88
$769.00$768.00Sep 4$0.13$0.13$0.8781%0.15$768.87
$770.00$769.00Sep 4$0.17$0.17$0.8376%0.20$769.83
$763.00$762.00Sep 10$0.12$0.12$0.8883%0.14$762.88
$771.00$770.00Sep 4$0.22$0.22$0.7870%0.28$770.78

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.56, cheapest $1.41)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$773.00Sep 3Sep 4$1.7112.8%11.7%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$773.00Sep 3Sep 4$1.4112.8%11.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 991 found (cheapest 0.11% of stock, avg 4.02%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$773.00Sep 3$0.66$0.17$0.83$772.17$773.830.11%
$774.00Sep 3$0.17$0.67$0.84$773.16$774.840.11%
$772.00Sep 3$1.53$0.05$1.58$770.42$773.580.20%
$775.00Sep 3$0.04$1.53$1.57$773.43$776.570.20%
$771.00Sep 3$2.51$0.03$2.54$768.46$773.540.33%
$776.00Sep 3$0.02$2.51$2.53$773.47$778.530.33%
$770.00Sep 3$3.50$0.02$3.52$766.48$773.520.46%
$777.00Sep 3$0.02$3.54$3.56$773.44$780.560.46%
$774.00Sep 4$1.80$2.00$3.80$770.20$777.800.49%
$775.00Sep 4$1.31$2.51$3.82$771.18$778.820.49%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 369 found (cheapest 0.01% of stock, avg 1.28%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$775.00$772.00Sep 3$0.04$0.05$0.09$771.91$775.09
$774.00$772.00Sep 3$0.17$0.05$0.22$771.78$774.22
$775.00$773.00Sep 3$0.04$0.17$0.21$772.79$775.21
$774.00$773.00Sep 3$0.17$0.17$0.34$772.66$774.34
$790.00$750.00Sep 14$0.43$0.60$1.03$748.97$791.03
$778.00$769.00Sep 4$0.41$0.56$0.97$768.03$778.97
$777.00$769.00Sep 4$0.63$0.56$1.19$767.81$778.19
$778.00$770.00Sep 4$0.41$0.73$1.14$768.86$779.14
$790.00$750.00Sep 15$0.56$0.75$1.31$748.69$791.31
$790.00$755.00Sep 14$0.43$0.88$1.31$753.69$791.31

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 366 found (best R:R 1.04, avg credit $0.59)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
750/751780/781Sep 18$0.51$0.4950%1.04$750.49$780.51
741/742782/783Sep 30$0.51$0.4950%1.04$741.49$782.51
744/745782/783Sep 30$0.52$0.4849%1.08$744.48$782.52
741/742783/784Oct 2$0.51$0.4950%1.04$741.49$783.51
743/744783/784Oct 2$0.52$0.4848%1.08$743.48$783.52
743/744782/783Sep 30$0.51$0.4949%1.04$743.49$782.51
750/751782/783Sep 30$0.56$0.4444%1.27$750.44$782.56
742/743783/784Oct 2$0.51$0.4949%1.04$742.49$783.51
745/746783/784Oct 2$0.53$0.4747%1.13$745.47$783.53
750/751782/783Sep 18$0.45$0.5555%0.82$750.55$782.45

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 318 found (best R:R 6.58, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$765.00$770.00$775.00Sep 14$0.66$4.3428%6.58
$760.00$765.00$770.00Sep 15$0.43$4.5721%10.63
$765.00$770.00$775.00Sep 15$0.62$4.3827%7.06
$760.00$765.00$770.00Sep 14$0.46$4.5421%9.87
$755.00$760.00$765.00Sep 15$0.29$4.7114%16.24
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
$755.00$760.00$765.00Sep 14$0.29$4.7115%16.24
$755.00$760.00$765.00Sep 16$0.29$4.7114%16.24

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 $-8.63, 1,069 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$635.00$700.001:2Sep 8-$8.63$56.37
$665.00$710.001:2Sep 10-$19.07$25.93
$635.00$690.001:2Oct 9-$31.43$23.57
$725.00$750.001:2Sep 17-$1.81$23.19
$730.00$750.001:2Sep 15-$5.60$14.40
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$825.00$805.001:2Sep 18-$13.22$6.78
$795.00$785.001:2Sep 14-$2.19$7.81
$790.00$780.001:2Sep 16-$1.30$8.70
$801.00$791.001:2Sep 10-$7.50$2.50
$830.00$810.001:2Oct 16-$18.32$1.68

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 285 found (best yield 1.76%, avg 0.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$774.00Oct 16$13.630.480.1%1.76%1.83%2871.2K
$775.00Oct 16$13.040.460.2%1.69%1.88%94815.0K
$776.00Oct 16$12.470.460.3%1.61%1.94%2181.4K
$777.00Oct 16$11.910.450.5%1.54%1.99%92908
$778.00Oct 16$11.370.440.6%1.47%2.05%2422.9K
$779.00Oct 16$10.840.430.7%1.40%2.12%3111.9K
$780.00Oct 16$10.320.420.8%1.33%2.18%1.2K5.7K
$781.00Oct 16$9.830.411.0%1.27%2.24%972.2K
$782.00Oct 16$9.340.391.1%1.21%2.31%2161.2K
$783.00Oct 16$8.870.381.2%1.15%2.38%234969

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 5,386,336
Total Puts 5,583,276
Put/Call Ratio 1.04
Net Difference -196,940

Prior's Put/Call Breakdown

Total Calls 3,686,422
Total Puts 4,443,123
Put/Call Ratio 1.21
Net Difference -756,701

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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