Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$763.72 -0.29%
9/9 09:45

Option Volume

Detail
Current (09/09 9:45am) 559,742
Calls: 268,061 (48%)
Puts: 291,681 (52%)
Prior (09/08) 735,166
Calls: 282,864 (38%)
Puts: 452,302 (62%)
Current vs Prior -23.86%
Calls: -5.23% (Calls)
Puts: -35.51% (Puts)
Prior 7-Day Total 73,521,004
Calls: 34,177,667 (46%)
Puts: 39,343,337 (54%)
Prior 7-Day Average 10,503,000
Calls: 4,882,523 (46%)
Puts: 5,620,476 (54%)
Current vs Prior 7-Day Avg -94.67%
Calls: -94.51%
Puts: -94.81%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/09 9:45am) $93.12M
Calls: $43.54M (47%)
Puts: $49.58M (53%)
Prior (09/08) $120.77M
Calls: $42.62M (35%)
Puts: $78.14M (65%)
Current vs Prior -22.89%
Calls: +2.15%
Puts: -36.55%
Prior 7-Day Total $8.77B
Calls: $4.34B (50%)
Puts: $4.42B (50%)
Prior 7-Day Average $1.25B
Calls: $620.43M (50%)
Puts: $631.81M (50%)
Current vs Prior 7-Day Avg -92.56%
Calls: -92.98%
Puts: -92.15%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/09 9:45am) 1.09
Prior (09/08) 1.60
Current vs Prior -31.95%
Prior 7-Day Average 1.16
Current vs Prior 7-Day Avg -6.30%
Sentiment BEARISH

Open Interest

Detail
Current (09/09 9:45am) 9,858,710
Calls: 2,457,192 (25%)
Puts: 7,401,518 (75%)
Prior (09/08) 9,674,896
Calls: 2,372,553 (25%)
Puts: 7,302,343 (75%)
Current vs Prior +1.90%
Prior 7-Day Total 65,990,490
Calls: 17,377,425 (26%)
Puts: 48,613,065 (74%)
Prior 7-Day Average 9,427,212
Calls: 2,482,489 (26%)
Puts: 6,944,723 (74%)
Current vs Prior 7-Day Avg +4.58%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/09) | Next (09/10)Expiry (09/09) | Next (09/11)Expiry (09/11) | Next (09/18)Expiry (09/15) | Next (10/16)
Current 0.39% | 0.69%0.39% | 1.01%1.01% | 1.80%1.60% | 3.48%
Prior 0.55% | 0.77%0.55% | 1.05%1.05% | 1.80%1.56% | 3.44%
Current vs Prior -29.82% | -10.74%-29.81% | -3.96%-3.96% | +0.29%+2.73% | +1.09%
Prior 7-Day Avg 0.55% | 0.75%0.34% | 0.82%0.69% | 1.42%1.92% | 3.60%
Current vs 7-Day Avg -29.11% | -8.40%+13.90% | +22.81%+46.48% | +27.03%-16.45% | -3.28%
Prior 7-Day Eod 0.55% | 0.77%0.55% | 1.05%1.05% | 1.80%1.56% | 3.44%
Current vs 7-Day Eod -29.82% | -10.74%-29.81% | -3.96%-3.96% | +0.29%+2.73% | +1.09%
Sentiment BULLISHBULLISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 0.68% | 0.56%
Calls: 0.61% | 0.71%
Puts: 0.75% | 0.41%
Prior 1.20% | 0.85%
Calls: 1.19% | 0.64%
Puts: 1.21% | 1.06%
Current vs Prior -43.33% | -34.12%
Prior 7-Day Avg 1.23% | 1.24%
Calls: 0.93% | 0.90%
Puts: 1.53% | 1.58%
Current vs 7-Day Avg -44.78% | -54.89%
Liquidity Excellent
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.09. P/C ratio dropping 32% - sentiment shifting bullish. Put-heavy open interest (7,401,518 puts vs 2,457,192 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:45BEARISHNEUTRALBEARISH
09:40BEARISHNEUTRALBEARISH
09:35BEARISHNEUTRALBEARISH

📈 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 1,990 of results (avg 2.5%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Oct 168.528.53$8.520.1%90.382.0K
$765.00Sep 308.328.33$8.320.1%4490.462.9K
$762.00Oct 1614.6514.67$14.660.1%520.51542
$763.00Oct 1614.0214.04$14.030.1%450.491.1K
$768.00Sep 306.716.72$6.720.1%570.401.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 176.246.25$6.250.2%1300.53692
$765.00Sep 165.755.76$5.760.2%3200.541.2K
$759.00Sep 185.025.03$5.030.2%3130.413.8K
$765.00Sep 154.954.96$4.960.2%1670.541.8K
$757.00Sep 184.414.42$4.420.2%4540.377.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 623 found (avg $0.33, cheapest $0.12)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Sep 90.110.12$0.128.3%13.2K0.089.4K
$769.00Sep 90.070.08$0.0812.5%6.7K0.057.4K
$767.00Sep 90.200.21$0.214.8%13.3K0.135.9K
$770.00Sep 90.050.06$0.0616.7%16.8K0.0417.2K
$766.00Sep 90.360.37$0.372.7%21.0K0.214.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$760.00Sep 90.250.26$0.263.8%16.0K0.1513.1K
$759.00Sep 90.170.18$0.185.6%6.8K0.106.7K
$757.00Sep 90.080.09$0.0911.1%16.3K0.055.3K
$758.00Sep 90.120.13$0.137.7%8.1K0.075.4K
$756.00Sep 90.060.07$0.0714.3%3.3K0.044.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 977 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$685.00Sep 978.3578.84$78.600.6%--1.0011
$700.00Sep 963.6263.85$63.740.4%--1.0010
$705.00Sep 958.6158.85$58.730.4%--1.0019
$710.00Sep 953.6153.86$53.740.5%--1.0092
$715.00Sep 948.6148.84$48.730.5%--1.0022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$781.00Sep 1117.0917.44$17.272.0%--1.0013
$782.00Sep 1118.0918.43$18.261.9%61.005
$784.00Sep 1120.0920.43$20.261.7%101.002
$785.00Sep 1121.0821.42$21.251.6%--1.0016
$786.00Sep 1122.0022.55$22.282.5%--1.0019

Most actively traded options today. High liquidity = easy entry/exit. 1,399 active (total vol 558.6K, top 38.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$764.00Sep 91.051.06$1.060.9%32.2K0.452.0K
$765.00Sep 90.630.64$0.641.6%31.6K0.325.6K
$766.00Sep 90.360.37$0.372.7%21.0K0.214.1K
$770.00Sep 90.050.06$0.0616.7%16.8K0.0417.2K
$767.00Sep 90.200.21$0.214.8%13.3K0.135.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 90.890.90$0.901.1%38.4K0.415.0K
$764.00Sep 91.321.33$1.330.8%21.3K0.557.0K
$762.00Sep 90.580.59$0.591.7%19.8K0.306.3K
$757.00Sep 90.080.09$0.0911.1%16.3K0.055.3K
$760.00Sep 90.250.26$0.263.8%16.0K0.1513.1K

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 24.6%, max 30.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$761.00Sep 9Oct 2315.9%12.2%30.3%1.5K497
$762.00Sep 9Oct 2315.1%12.1%25.1%2.7K860
$764.00Sep 9Oct 2314.5%11.8%22.6%32.3K2.0K
$763.00Sep 9Oct 2314.6%12.0%22.2%11.3K2.1K
$765.00Sep 9Oct 2314.3%11.7%22.2%31.6K6.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$761.00Sep 9Oct 2315.9%12.2%30.3%11.5K4.0K
$762.00Sep 9Oct 2315.2%12.1%26.0%19.8K6.4K
$763.00Sep 9Oct 1614.8%11.9%23.7%38.5K7.3K
$764.00Sep 9Oct 2314.5%11.8%22.4%21.3K7.1K
$765.00Sep 9Oct 2314.2%11.7%21.3%11.6K9.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 761 found (best R:R 0.65, avg 5.62)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$699.00$700.00Sep 18$0.25$0.75$0.25100%3.00$699.25
$742.00$743.00Sep 18$0.13$0.87$0.1387%6.69$742.13
$736.00$737.00Sep 25$0.16$0.84$0.1688%5.25$736.16
$730.00$731.00Oct 2$0.16$0.84$0.1687%5.25$730.16
$719.00$720.00Sep 30$0.26$0.74$0.2694%2.85$719.26
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$805.00$803.00Sep 11$1.21$0.79$1.21100%0.65$803.79
$782.00$781.00Sep 18$0.21$0.79$0.2192%3.76$781.79
$790.00$789.00Oct 16$0.15$0.85$0.1582%5.67$789.85
$760.00$750.00Sep 23$2.68$7.32$2.6846%2.73$757.32
$782.00$781.00Sep 25$0.26$0.74$0.2686%2.85$781.74

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 591 found (best R:R 0.95, avg 0.36)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$770.00Sep 21$2.44$2.44$2.5656%0.95$767.44
$765.00$770.00Sep 22$2.44$2.44$2.5655%0.95$767.44
$765.00$770.00Sep 23$2.45$2.45$2.5555%0.96$767.45
$770.00$775.00Sep 22$1.72$1.72$3.2867%0.52$771.72
$770.00$775.00Sep 23$1.76$1.76$3.2466%0.54$771.76
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$758.00$757.00Sep 10$0.15$0.15$0.8580%0.18$757.85
$761.00$760.00Sep 9$0.13$0.13$0.8779%0.15$760.87
$763.00$762.00Sep 9$0.31$0.31$0.6958%0.45$762.69
$762.00$761.00Sep 9$0.20$0.20$0.8070%0.25$761.80
$758.00$757.00Sep 11$0.22$0.22$0.7873%0.28$757.78

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $1.11, cheapest $1.06)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$762.00Sep 9Sep 10$1.1415.1%13.4%
$763.00Sep 9Sep 10$1.1914.6%13.0%
$765.00Sep 9Sep 10$1.1014.3%13.0%
$764.00Sep 9Sep 10$1.1914.5%13.4%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$762.00Sep 9Sep 10$1.0615.2%13.4%
$763.00Sep 9Sep 10$1.1114.8%13.0%
$765.00Sep 9Sep 10$1.0214.2%13.0%
$764.00Sep 9Sep 10$1.1114.5%13.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 815 found (cheapest 0.31% of stock, avg 4.02%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$764.00Sep 9$1.06$1.33$2.39$761.61$766.390.31%
$763.00Sep 9$1.63$0.90$2.53$760.47$765.530.33%
$765.00Sep 9$0.64$1.91$2.55$762.45$767.550.33%
$762.00Sep 9$2.32$0.59$2.91$759.09$764.910.38%
$766.00Sep 9$0.37$2.64$3.01$762.99$769.010.39%
$761.00Sep 9$3.12$0.39$3.51$757.49$764.510.46%
$767.00Sep 9$0.21$3.48$3.69$763.31$770.690.48%
$760.00Sep 9$3.99$0.26$4.25$755.75$764.250.56%
$768.00Sep 9$0.12$4.39$4.51$763.49$772.510.59%
$764.00Sep 10$2.25$2.44$4.69$759.31$768.690.61%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.04% of stock, avg 1.39%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$768.00$759.00Sep 9$0.12$0.18$0.30$758.70$768.30
$767.00$759.00Sep 9$0.21$0.18$0.39$758.61$767.39
$768.00$760.00Sep 9$0.12$0.26$0.38$759.62$768.38
$767.00$760.00Sep 9$0.21$0.26$0.47$759.53$767.47
$766.00$759.00Sep 9$0.37$0.18$0.55$758.45$766.55
$768.00$761.00Sep 9$0.12$0.39$0.51$760.49$768.51
$766.00$760.00Sep 9$0.37$0.26$0.63$759.37$766.63
$767.00$761.00Sep 9$0.21$0.39$0.60$760.40$767.60
$766.00$761.00Sep 9$0.37$0.39$0.76$760.24$766.76
$780.00$740.00Sep 15$0.22$0.55$0.77$739.23$780.77

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 353 found (best R:R 1.13, avg credit $0.80)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
734/735770/771Sep 25$0.53$0.4750%1.13$734.47$770.53
741/742769/770Sep 18$0.53$0.4750%1.13$741.47$769.53
736/737770/771Sep 25$0.54$0.4649%1.17$736.46$770.54
729/730773/774Oct 2$0.51$0.4951%1.04$729.49$773.51
738/739770/771Sep 25$0.55$0.4547%1.22$738.45$770.55
734/735772/773Sep 25$0.48$0.5254%0.92$734.52$772.48
732/733771/772Sep 30$0.53$0.4749%1.13$732.47$771.53
744/745769/770Sep 18$0.55$0.4547%1.22$744.45$769.55
729/730772/773Oct 2$0.52$0.4850%1.08$729.48$772.52
736/737772/773Sep 25$0.49$0.5153%0.96$736.51$772.49

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 282 found (best R:R 5.94, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.72$4.2832%5.94
$755.00$760.00$765.00Sep 15$0.65$4.3529%6.69
$750.00$755.00$760.00Sep 17$0.39$4.6119%11.82
$750.00$755.00$760.00Sep 15$0.47$4.5321%9.64
$750.00$755.00$760.00Sep 14$0.50$4.5022%9.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.76$4.2432%5.58
$750.00$755.00$760.00Sep 15$0.44$4.5621%10.36
$755.00$760.00$765.00Sep 15$0.70$4.3029%6.14
$760.00$765.00$770.00Sep 23$0.44$4.5621%10.36
$750.00$755.00$760.00Sep 14$0.48$4.5222%9.42

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 954 found (best net $-0.48, 924 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$695.00$735.001:2Oct 23-$0.48$39.52
$760.00$765.001:2Sep 14-$0.52$4.48
$760.00$765.001:2Sep 15-$0.94$4.06
$765.00$770.001:2Sep 16-$0.33$4.67
$765.00$770.001:2Sep 17-$0.72$4.28
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$790.00$780.001:2Sep 15-$6.34$3.66
$760.00$750.001:2Sep 23-$1.06$8.94
$770.00$765.001:2Sep 14-$1.62$3.38
$765.00$760.001:2Sep 14-$0.83$4.17
$770.00$765.001:2Sep 15-$2.11$2.89

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 299 found (best yield 1.97%, avg 0.48%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$764.00Oct 23$15.050.480.0%1.97%2.01%112
$765.00Oct 23$14.440.470.2%1.89%2.06%34578
$767.00Oct 23$13.270.460.4%1.74%2.17%--32
$768.00Oct 23$12.700.450.6%1.66%2.22%121.6K
$769.00Oct 23$12.140.440.7%1.59%2.28%119
$770.00Oct 23$11.600.430.8%1.52%2.34%51.5K
$771.00Oct 23$11.070.420.9%1.45%2.40%864
$772.00Oct 23$10.560.411.1%1.38%2.47%428
$773.00Oct 23$10.060.391.2%1.32%2.53%--21
$764.00Oct 16$13.400.480.0%1.75%1.79%821.3K

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 268,061
Total Puts 291,681
Put/Call Ratio 1.09
Net Difference -23,620

Prior's Put/Call Breakdown

Total Calls 282,864
Total Puts 452,302
Put/Call Ratio 1.60
Net Difference -169,438

Prior 7-Day Put/Call Summary

Total Calls 34,177,667
Total Puts 39,343,337
Average Put/Call Ratio 1.16
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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