Tour v526
SPY
State Street SPDR S&P 500 ETF Trust
$763.87 -0.27%
9/9 09:50

Option Volume

Detail
Current (09/09 9:50am) 749,177
Calls: 345,817 (46%)
Puts: 403,360 (54%)
Prior (09/08) 903,232
Calls: 349,850 (39%)
Puts: 553,382 (61%)
Current vs Prior -17.06%
Calls: -1.15% (Calls)
Puts: -27.11% (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 -92.87%
Calls: -92.92%
Puts: -92.82%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/09 9:50am) $126.80M
Calls: $59.56M (47%)
Puts: $67.25M (53%)
Prior (09/08) $143.98M
Calls: $55.68M (39%)
Puts: $88.30M (61%)
Current vs Prior -11.93%
Calls: +6.97%
Puts: -23.84%
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 -89.87%
Calls: -90.40%
Puts: -89.36%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/09 9:50am) 1.17
Prior (09/08) 1.58
Current vs Prior -26.26%
Prior 7-Day Average 1.16
Current vs Prior 7-Day Avg +0.44%
Sentiment BEARISH

Open Interest

Detail
Current (09/09 9:50am) 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 0.38% | 0.69%0.38% | 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 -30.31% | -10.59%-30.30% | -3.86%-3.86% | +0.21%+2.63% | +1.03%
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 -29.60% | -8.24%+13.11% | +22.95%+46.64% | +26.91%-16.53% | -3.33%
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 -30.31% | -10.59%-30.30% | -3.86%-3.86% | +0.21%+2.63% | +1.03%
Sentiment BULLISHBULLISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 0.70% | 0.38%
Calls: 0.59% | 0.34%
Puts: 0.80% | 0.42%
Prior 1.20% | 0.85%
Calls: 1.19% | 0.64%
Puts: 1.21% | 1.06%
Current vs Prior -41.67% | -55.29%
Prior 7-Day Avg 1.23% | 1.24%
Calls: 0.93% | 0.90%
Puts: 1.53% | 1.58%
Current vs 7-Day Avg -43.16% | -69.39%
Liquidity Excellent
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.17. P/C ratio dropping 26% - 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 BEARISH
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
09:50BEARISHBEARISHBEARISH
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 2,011 of results (avg 2.5%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$764.00Sep 257.777.78$7.780.1%310.47304
$770.00Oct 26.606.61$6.610.2%2010.383.0K
$766.00Oct 1612.2812.30$12.290.2%650.475.5K
$772.00Oct 25.685.69$5.690.2%120.35513
$765.00Sep 175.605.61$5.610.2%2630.47795
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Oct 1614.1714.20$14.180.2%3510.563.3K
$761.00Sep 308.308.32$8.310.2%3010.4829.1K
$750.00Oct 168.008.02$8.010.2%1630.3524.6K
$769.00Oct 2315.6715.71$15.690.3%--0.5653
$749.00Oct 167.767.78$7.770.3%30.341.8K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 616 found (avg $0.33, cheapest $0.08)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Sep 90.070.08$0.0812.5%7.7K0.067.4K
$768.00Sep 90.120.13$0.137.7%16.3K0.099.4K
$767.00Sep 90.210.22$0.224.5%18.8K0.145.9K
$770.00Sep 90.050.06$0.0616.7%18.2K0.0417.2K
$766.00Sep 90.380.39$0.392.6%27.6K0.234.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$757.00Sep 90.070.08$0.0812.5%24.3K0.045.3K
$759.00Sep 90.160.17$0.175.9%13.8K0.106.7K
$758.00Sep 90.110.12$0.128.3%12.2K0.075.4K
$760.00Sep 90.230.24$0.244.2%21.2K0.1313.1K
$756.00Sep 90.050.06$0.0616.7%5.9K0.034.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 985 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$670.00Sep 993.6294.11$93.870.5%21.001
$685.00Sep 978.5779.10$78.830.7%--1.0011
$700.00Sep 963.7964.10$63.940.5%--1.0010
$705.00Sep 958.8159.13$58.970.5%--1.0019
$710.00Sep 953.8154.13$53.970.6%--1.0092
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$780.00Sep 1115.9016.20$16.051.9%1251.00888
$781.00Sep 1116.8917.24$17.062.1%--1.0013
$782.00Sep 1117.8918.24$18.061.9%61.005
$784.00Sep 1119.8920.23$20.061.7%141.002
$785.00Sep 1120.8921.23$21.061.6%--1.0016

Most actively traded options today. High liquidity = easy entry/exit. 1,479 active (total vol 746.8K, top 50.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$764.00Sep 91.111.12$1.120.9%43.7K0.482.0K
$765.00Sep 90.670.68$0.681.5%39.3K0.355.6K
$766.00Sep 90.380.39$0.392.6%27.6K0.234.1K
$767.00Sep 90.210.22$0.224.5%18.8K0.145.9K
$770.00Sep 90.050.06$0.0616.7%18.2K0.0417.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 90.830.84$0.841.2%50.5K0.395.0K
$764.00Sep 91.241.25$1.250.8%30.1K0.527.0K
$762.00Sep 90.540.55$0.551.8%27.4K0.286.3K
$757.00Sep 90.070.08$0.0812.5%24.3K0.045.3K
$760.00Sep 90.230.24$0.244.2%21.2K0.1313.1K

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 24.7%, max 31.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$761.00Sep 9Oct 2316.1%12.2%31.6%1.7K497
$762.00Sep 9Oct 2315.4%12.1%27.1%3.4K860
$763.00Sep 9Oct 2314.7%12.0%22.7%16.0K2.1K
$764.00Sep 9Oct 2314.4%11.9%21.7%43.8K2.0K
$765.00Sep 9Oct 2314.1%11.7%20.3%39.4K6.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$761.00Sep 9Oct 2316.1%12.2%31.6%15.6K4.0K
$762.00Sep 9Oct 2315.4%12.1%27.1%27.4K6.4K
$763.00Sep 9Oct 1614.7%11.9%23.1%50.5K7.3K
$764.00Sep 9Oct 2314.4%11.9%21.7%30.1K7.1K
$765.00Sep 9Oct 2314.1%11.7%20.3%15.5K9.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 769 found (best R:R 1.54, avg 5.50)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$728.00$729.00Oct 2$0.14$0.86$0.1488%6.14$728.14
$728.00$729.00Sep 30$0.19$0.81$0.1990%4.26$728.19
$735.00$736.00Sep 30$0.17$0.83$0.1786%4.88$735.17
$739.00$740.00Oct 2$0.12$0.88$0.1281%7.33$739.12
$699.00$700.00Sep 18$0.33$0.67$0.33100%2.03$699.33
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$770.00$765.00Sep 23$1.97$3.03$1.9766%1.54$768.03
$775.00$770.00Sep 21$2.81$2.19$2.8179%0.78$772.19
$790.00$789.00Oct 16$0.12$0.88$0.1282%7.33$789.88
$780.00$779.00Sep 30$0.16$0.84$0.1680%5.25$779.84
$782.00$781.00Sep 18$0.32$0.68$0.3292%2.12$781.68

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 586 found (best R:R 0.98, avg 0.37)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$770.00Sep 22$2.48$2.48$2.5255%0.98$767.48
$765.00$770.00Sep 21$2.46$2.46$2.5455%0.97$767.46
$765.00$770.00Sep 23$2.48$2.48$2.5255%0.98$767.48
$765.00$770.00Sep 17$2.45$2.45$2.5553%0.96$767.45
$770.00$775.00Sep 23$1.78$1.78$3.2266%0.55$771.78
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$758.00$757.00Sep 10$0.14$0.14$0.8681%0.16$757.86
$762.00$761.00Sep 9$0.19$0.19$0.8172%0.23$761.81
$763.00$762.00Sep 9$0.29$0.29$0.7161%0.41$762.71
$757.00$756.00Sep 10$0.11$0.11$0.8985%0.12$756.89
$761.00$760.00Sep 9$0.12$0.12$0.8881%0.14$760.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.13, cheapest $1.10)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$763.00Sep 9Sep 10$1.2114.7%13.1%
$764.00Sep 9Sep 10$1.1814.4%13.3%
$765.00Sep 9Sep 10$1.1214.1%13.0%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$763.00Sep 9Sep 10$1.1014.7%13.1%
$764.00Sep 9Sep 10$1.1214.4%13.3%
$765.00Sep 9Sep 10$1.0414.1%13.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 824 found (cheapest 0.31% of stock, avg 4.03%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$764.00Sep 9$1.12$1.25$2.37$761.63$766.370.31%
$763.00Sep 9$1.69$0.84$2.53$760.47$765.530.33%
$765.00Sep 9$0.68$1.81$2.49$762.51$767.490.33%
$766.00Sep 9$0.39$2.52$2.91$763.09$768.910.38%
$762.00Sep 9$2.42$0.55$2.97$759.03$764.970.39%
$761.00Sep 9$3.23$0.36$3.59$757.41$764.590.47%
$767.00Sep 9$0.22$3.35$3.57$763.43$770.570.47%
$760.00Sep 9$4.10$0.24$4.34$755.66$764.340.57%
$768.00Sep 9$0.13$4.26$4.39$763.61$772.390.57%
$764.00Sep 10$2.30$2.37$4.67$759.33$768.670.61%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.04% of stock, avg 1.38%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$768.00$759.00Sep 9$0.13$0.17$0.30$758.70$768.30
$768.00$760.00Sep 9$0.13$0.24$0.37$759.63$768.37
$767.00$759.00Sep 9$0.22$0.17$0.39$758.61$767.39
$767.00$760.00Sep 9$0.22$0.24$0.46$759.54$767.46
$768.00$761.00Sep 9$0.13$0.36$0.49$760.51$768.49
$766.00$759.00Sep 9$0.39$0.17$0.56$758.44$766.56
$767.00$761.00Sep 9$0.22$0.36$0.58$760.42$767.58
$766.00$760.00Sep 9$0.39$0.24$0.63$759.37$766.63
$780.00$740.00Sep 15$0.22$0.54$0.76$739.24$780.76
$766.00$761.00Sep 9$0.39$0.36$0.75$760.25$766.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 316 found (best R:R 1.04, avg credit $0.84)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
730/731773/774Oct 2$0.51$0.4951%1.04$730.49$773.51
732/733772/773Sep 30$0.51$0.4950%1.04$732.49$772.51
734/735772/773Sep 30$0.52$0.4849%1.08$734.48$772.52
737/738772/773Sep 30$0.54$0.4647%1.17$737.46$772.54
731/732773/774Oct 2$0.51$0.4950%1.04$731.49$773.51
733/734773/774Oct 2$0.52$0.4849%1.08$733.48$773.52
737/738772/773Sep 25$0.49$0.5152%0.96$737.51$772.49
733/734772/773Sep 30$0.51$0.4950%1.04$733.49$772.51
737/738771/772Sep 25$0.51$0.4950%1.04$737.49$771.51
741/742772/773Sep 25$0.52$0.4848%1.08$741.48$772.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 341 found (best R:R 40.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 15$0.41$4.5921%11.20
$750.00$755.00$760.00Sep 14$0.44$4.5622%10.36
$755.00$760.00$765.00Sep 14$0.76$4.2432%5.58
$755.00$760.00$765.00Sep 15$0.70$4.3029%6.14
$750.00$755.00$760.00Sep 17$0.38$4.6218%12.16
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$765.00$770.00$775.00Sep 21$0.12$4.8823%40.67
$755.00$760.00$765.00Sep 14$0.76$4.2432%5.58
$755.00$760.00$765.00Sep 15$0.68$4.3229%6.35
$750.00$755.00$760.00Sep 14$0.47$4.5322%9.64
$750.00$755.00$760.00Sep 15$0.44$4.5621%10.36

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 951 found (best net $-0.46, 922 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$695.00$735.001:2Oct 23-$0.46$39.54
$745.00$755.001:2Sep 22-$4.72$5.28
$760.00$765.001:2Sep 14-$0.56$4.44
$760.00$765.001:2Sep 15-$1.00$4.00
$765.00$770.001:2Sep 16-$0.34$4.66
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$810.00$790.001:2Sep 9-$6.26$13.74
$790.00$780.001:2Sep 15-$6.13$3.87
$760.00$750.001:2Sep 23-$1.05$8.95
$770.00$765.001:2Sep 14-$1.59$3.41
$765.00$760.001:2Sep 14-$0.79$4.21

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 300 found (best yield 1.98%, avg 0.49%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$764.00Oct 23$15.120.490.0%1.98%2.00%752
$765.00Oct 23$14.510.470.1%1.90%2.05%36578
$766.00Oct 23$13.910.470.3%1.82%2.10%119
$767.00Oct 23$13.330.460.4%1.75%2.15%--32
$768.00Oct 23$12.760.450.5%1.67%2.21%121.6K
$769.00Oct 23$12.200.440.7%1.60%2.27%119
$770.00Oct 23$11.660.430.8%1.53%2.33%51.5K
$771.00Oct 23$11.120.420.9%1.46%2.39%864
$772.00Oct 23$10.610.411.1%1.39%2.45%428
$773.00Oct 23$10.100.401.2%1.32%2.52%--21

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 345,817
Total Puts 403,360
Put/Call Ratio 1.17
Net Difference -57,543

Prior's Put/Call Breakdown

Total Calls 349,850
Total Puts 553,382
Put/Call Ratio 1.58
Net Difference -203,532

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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