Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$773.32 +1.07%
9/3 15:45

Option Volume

Detail
Current (09/03 3:45pm) 11,291,941
Calls: 5,518,010 (49%)
Puts: 5,773,931 (51%)
Prior (09/02) 8,404,757
Calls: 3,797,741 (45%)
Puts: 4,607,016 (55%)
Current vs Prior +34.35%
Calls: +45.30% (Calls)
Puts: +25.33% (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 +17.34%
Calls: +20.36%
Puts: +14.60%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/03 3:45pm) $1.71B
Calls: $1.30B (76%)
Puts: $409.77M (24%)
Prior (09/02) $983.84M
Calls: $609.11M (62%)
Puts: $374.73M (38%)
Current vs Prior +73.88%
Calls: +113.58%
Puts: +9.35%
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 +59.56%
Calls: +130.40%
Puts: -19.25%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/03 3:45pm) 1.05
Prior (09/02) 1.21
Current vs Prior -13.74%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -5.15%
Sentiment BEARISH

Open Interest

Detail
Current (09/03 3:45pm) 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 0.16% | 0.56%0.56% | 0.93%0.56% | 1.26%1.77% | 3.44%
Prior 0.56% | 0.79%0.20% | 0.79%0.79% | 1.39%1.85% | 3.61%
Current vs Prior -71.01% | -29.21%+183.09% | +16.52%-29.21% | -9.08%-4.27% | -4.70%
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 -71.98% | -29.63%+46.07% | +10.16%-30.56% | -15.34%-23.40% | -10.42%
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 -71.01% | -29.21%+183.09% | +16.52%-29.21% | -9.08%-4.27% | -4.70%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 2.66% | 0.46%
Calls: 4.00% | 0.44%
Puts: 1.32% | 0.48%
Prior 1.12% | 0.90%
Calls: 0.87% | 0.90%
Puts: 1.37% | 0.90%
Current vs Prior +137.50% | -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 +78.52% | -61.02%
Liquidity Excellent
+
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🤖 AI Insights

Strong bullish conviction with 76% of dollar volume in calls ($1.30B) vs puts ($409.77M). Elevated premium activity with dollar volume up 74% vs prior. Dollar volume significantly above 7-day average (60% higher). Slightly bearish P/C ratio of 1.05.

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
15:45BULLISHNEUTRALMIXED
15:40BULLISHNEUTRALMIXED
15:35BULLISHNEUTRALMIXED
15:30BULLISHNEUTRALMIXED
15:25BULLISHNEUTRALMIXED
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14:55BULLISHNEUTRALMIXED
14:50BULLISHNEUTRALBULLISH
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11:15BULLISHNEUTRALBULLISH
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10:55BULLISHNEUTRALBULLISH
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10:45BEARISHNEUTRALMIXED
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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 2,271 of results (avg 2.8%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3148.18148.39$148.290.1%--1.0022
$774.00Oct 1613.5113.53$13.520.1%2910.481.2K
$635.00Sep 3138.18138.39$138.290.2%11.006
$773.00Sep 115.175.18$5.180.2%4.2K0.521.4K
$774.00Sep 114.604.61$4.610.2%2.5K0.481.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Oct 165.785.79$5.790.2%13.2K0.2630.1K
$920.00Sep 3146.61146.87$146.740.2%11.00--
$762.00Oct 168.398.41$8.400.2%2230.371.2K
$774.00Oct 1612.5012.53$12.520.2%3640.53970
$774.00Sep 187.487.50$7.490.3%1.8K0.534.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 743 found (avg $0.32, cheapest $0.17)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$774.00Sep 30.090.10$0.1010.0%679.5K0.203.4K
$773.00Sep 30.490.51$0.504.0%683.1K0.654.3K
$782.00Sep 40.060.07$0.0714.3%7.8K0.044.0K
$781.00Sep 40.100.11$0.119.1%16.7K0.052.2K
$780.00Sep 40.160.17$0.175.9%41.8K0.0811.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 30.160.17$0.175.9%542.1K0.3515
$774.00Sep 30.750.76$0.761.3%215.0K0.801
$762.00Sep 40.090.10$0.1010.0%17.2K0.049.4K
$765.00Sep 40.190.20$0.205.0%41.5K0.0755.5K
$763.00Sep 40.120.13$0.137.7%14.5K0.058.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,185 found (avg delta 0.88, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Sep 3148.18148.39$148.290.1%--1.0022
$635.00Sep 3138.18138.39$138.290.2%11.006
$620.00Sep 4151.65155.53$153.592.5%--1.0023
$625.00Sep 4146.65150.46$148.562.6%221.0026
$630.00Sep 4141.63145.54$143.582.7%11.0010
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$776.00Sep 32.642.71$2.682.6%8.4K1.00--
$777.00Sep 33.623.71$3.672.5%3.6K1.001
$778.00Sep 34.624.75$4.692.8%1.2K1.001
$779.00Sep 35.615.74$5.682.3%6761.00--
$780.00Sep 36.626.72$6.671.5%8651.0027

Most actively traded options today. High liquidity = easy entry/exit. 2,556 active (total vol 11.3M, top 683.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 30.490.51$0.504.0%683.1K0.654.3K
$774.00Sep 30.090.10$0.1010.0%679.5K0.203.4K
$775.00Sep 30.020.03$0.0333.3%508.7K0.066.8K
$770.00Sep 33.313.35$3.331.2%465.4K0.988.0K
$772.00Sep 31.351.37$1.361.5%440.6K0.906.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Sep 30.030.04$0.0425.0%635.2K0.10913
$773.00Sep 30.160.17$0.175.9%542.1K0.3515
$771.00Sep 30.020.03$0.0333.3%408.1K0.04864
$768.00Sep 30.010.02$0.0250.0%395.1K0.021.2K
$770.00Sep 30.010.02$0.0250.0%377.8K0.021.5K

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 29.6%, max 33.7%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$774.00Sep 3Oct 1614.3%10.7%33.7%679.8K4.5K
$773.00Sep 3Oct 1613.5%10.8%25.5%683.8K5.7K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$774.00Sep 3Oct 1614.3%10.7%33.7%215.4K971
$773.00Sep 3Oct 1613.5%10.8%25.5%542.6K911

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 679 found (best R:R 1.56, avg 4.44)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$723.00$724.00Sep 11$0.11$0.89$0.1199%8.09$723.11
$750.00$752.00Oct 9$0.65$1.35$0.6577%2.08$750.65
$748.00$749.00Sep 11$0.15$0.85$0.1595%5.67$748.15
$754.00$755.00Sep 18$0.14$0.86$0.1483%6.14$754.14
$735.00$736.00Sep 11$0.32$0.68$0.3298%2.13$735.32
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$780.00$775.00Sep 17$1.95$3.05$1.9565%1.56$778.05
$793.00$790.00Sep 30$1.51$1.49$1.5182%0.99$791.49
$789.00$788.00Sep 18$0.30$0.70$0.3084%2.33$788.70
$780.00$775.00Sep 14$2.86$2.14$2.8670%0.75$777.14
$775.00$770.00Sep 17$2.00$3.00$2.0054%1.50$773.00

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 508 found (best R:R 0.81, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$775.00$780.00Sep 15$2.23$2.23$2.7754%0.81$777.23
$775.00$780.00Sep 14$2.17$2.17$2.8355%0.77$777.17
$775.00$780.00Sep 17$2.34$2.34$2.6654%0.88$777.34
$775.00$780.00Sep 16$2.29$2.29$2.7154%0.85$777.29
$780.00$785.00Sep 15$1.41$1.41$3.5969%0.39$781.41
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$773.00$772.00Sep 3$0.13$0.13$0.8765%0.15$772.87
$770.00$769.00Sep 4$0.19$0.19$0.8175%0.23$769.81
$769.00$768.00Sep 4$0.13$0.13$0.8780%0.15$768.87
$772.00$771.00Sep 4$0.30$0.30$0.7062%0.43$771.70
$771.00$770.00Sep 4$0.23$0.23$0.7769%0.30$770.77

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.62, cheapest $1.48)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$773.00Sep 3Sep 4$1.7613.5%11.6%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$773.00Sep 3Sep 4$1.4813.5%11.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 995 found (cheapest 0.09% of stock, avg 4.03%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$773.00Sep 3$0.50$0.17$0.67$772.33$773.670.09%
$774.00Sep 3$0.10$0.76$0.86$773.14$774.860.11%
$772.00Sep 3$1.36$0.04$1.40$770.60$773.400.18%
$775.00Sep 3$0.03$1.69$1.72$773.28$776.720.22%
$771.00Sep 3$2.34$0.03$2.37$768.63$773.370.31%
$776.00Sep 3$0.01$2.68$2.69$773.31$778.690.35%
$770.00Sep 3$3.33$0.02$3.35$766.65$773.350.43%
$777.00Sep 3$0.01$3.67$3.68$773.32$780.680.48%
$774.00Sep 4$1.72$2.09$3.81$770.19$777.810.49%
$775.00Sep 4$1.25$2.63$3.88$771.12$778.880.50%

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$0.03$0.04$0.07$771.93$775.07
$774.00$772.00Sep 3$0.10$0.04$0.14$771.86$774.14
$774.00$773.00Sep 3$0.10$0.17$0.27$772.73$774.27
$775.00$773.00Sep 3$0.03$0.17$0.20$772.80$775.20
$790.00$750.00Sep 14$0.42$0.60$1.02$748.98$791.02
$778.00$769.00Sep 4$0.40$0.57$0.97$768.03$778.97
$777.00$769.00Sep 4$0.60$0.57$1.17$767.83$778.17
$778.00$770.00Sep 4$0.40$0.76$1.16$768.84$779.16
$790.00$750.00Sep 15$0.55$0.76$1.31$748.69$791.31
$790.00$755.00Sep 14$0.42$0.90$1.32$753.68$791.32

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 374 found (best R:R 1.22, avg credit $0.62)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
751/752781/782Sep 25$0.55$0.4545%1.22$751.45$781.55
745/746781/782Sep 25$0.50$0.5050%1.00$745.50$781.50
749/750781/782Sep 25$0.53$0.4747%1.13$749.47$781.53
751/752780/781Sep 18$0.50$0.5050%1.00$751.50$780.50
744/745782/783Sep 30$0.51$0.4949%1.04$744.49$782.51
750/751780/781Sep 18$0.49$0.5151%0.96$750.51$780.49
747/748781/782Sep 25$0.51$0.4949%1.04$747.49$781.51
746/747781/782Sep 25$0.50$0.5049%1.00$746.50$781.50
743/744782/783Sep 30$0.50$0.5049%1.00$743.50$782.50
746/747782/783Sep 30$0.52$0.4847%1.08$746.48$782.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 350 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 17$0.06$4.9414%82.33
$760.00$765.00$770.00Sep 15$0.42$4.5821%10.90
$750.00$755.00$760.00Sep 15$0.11$4.8910%44.45
$760.00$765.00$770.00Sep 14$0.48$4.5222%9.42
$750.00$755.00$760.00Sep 16$0.15$4.8510%32.33
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$760.00$765.00$770.00Sep 14$0.50$4.5022%9.00
$755.00$760.00$765.00Sep 14$0.30$4.7015%15.67
$760.00$765.00$770.00Sep 15$0.48$4.5221%9.42
$765.00$770.00$775.00Sep 14$0.72$4.2828%5.94
$755.00$760.00$765.00Sep 15$0.31$4.6915%15.13

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,089 found (best net $-8.80, 1,064 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$635.00$700.001:2Sep 8-$8.80$56.20
$665.00$710.001:2Sep 10-$19.07$25.93
$635.00$690.001:2Oct 9-$31.55$23.45
$725.00$750.001:2Sep 17-$1.89$23.11
$730.00$750.001:2Sep 15-$5.50$14.50
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$825.00$805.001:2Sep 18-$13.32$6.68
$795.00$785.001:2Sep 14-$2.39$7.61
$790.00$780.001:2Sep 16-$3.01$6.99
$801.00$791.001:2Sep 10-$7.69$2.31
$830.00$810.001:2Oct 16-$18.39$1.61

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 283 found (best yield 1.75%, avg 0.42%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$774.00Oct 16$13.510.480.1%1.75%1.83%2911.2K
$775.00Oct 16$12.920.470.2%1.67%1.89%98115.0K
$776.00Oct 16$12.340.460.3%1.60%1.94%2201.4K
$777.00Oct 16$11.790.450.5%1.52%2.00%93908
$778.00Oct 16$11.250.440.6%1.45%2.06%2452.9K
$779.00Oct 16$10.720.430.7%1.39%2.12%3111.9K
$780.00Oct 16$10.210.420.9%1.32%2.18%1.2K5.7K
$781.00Oct 16$9.720.401.0%1.26%2.25%972.2K
$782.00Oct 16$9.240.391.1%1.19%2.32%2161.2K
$783.00Oct 16$8.770.381.2%1.13%2.39%236969

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 5,518,010
Total Puts 5,773,931
Put/Call Ratio 1.05
Net Difference -255,921

Prior's Put/Call Breakdown

Total Calls 3,797,741
Total Puts 4,607,016
Put/Call Ratio 1.21
Net Difference -809,275

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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