Tour v527
SPY
State Street SPDR S&P 500 ETF Trust
$763.72 -0.29%
9/9 09:55

Option Volume

Detail
Current (09/09 9:55am) 879,219
Calls: 399,757 (45%)
Puts: 479,462 (55%)
Prior (09/08) 1,146,524
Calls: 444,713 (39%)
Puts: 701,811 (61%)
Current vs Prior -23.31%
Calls: -10.11% (Calls)
Puts: -31.68% (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 -91.63%
Calls: -91.81%
Puts: -91.47%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/09 9:55am) $150.29M
Calls: $69.19M (46%)
Puts: $81.10M (54%)
Prior (09/08) $179.52M
Calls: $67.67M (38%)
Puts: $111.85M (62%)
Current vs Prior -16.28%
Calls: +2.25%
Puts: -27.50%
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 -88.00%
Calls: -88.85%
Puts: -87.16%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/09 9:55am) 1.20
Prior (09/08) 1.58
Current vs Prior -24.00%
Prior 7-Day Average 1.16
Current vs Prior 7-Day Avg +3.28%
Sentiment BEARISH

Open Interest

Detail
Current (09/09 9:55am) 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 0.37% | 0.68%0.37% | 0.99%0.99% | 1.80%1.59% | 3.48%
Prior 0.55% | 0.77%0.55% | 1.05%1.05% | 1.80%1.56% | 3.44%
Current vs Prior -32.66% | -12.43%-32.65% | -5.21%-5.21% | +0.01%+1.97% | +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 -31.98% | -10.14%+9.29% | +21.21%+44.57% | +26.66%-17.06% | -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 -32.66% | -12.43%-32.65% | -5.21%-5.21% | +0.01%+1.97% | +1.09%
Sentiment BULLISHBULLISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 0.71% | 0.39%
Calls: 0.65% | 0.36%
Puts: 0.77% | 0.41%
Prior 1.20% | 0.85%
Calls: 1.19% | 0.64%
Puts: 1.21% | 1.06%
Current vs Prior -40.83% | -54.12%
Prior 7-Day Avg 1.23% | 1.24%
Calls: 0.93% | 0.90%
Puts: 1.53% | 1.58%
Current vs 7-Day Avg -42.34% | -68.58%
Liquidity Excellent
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.20. P/C ratio dropping 24% - 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
09:55BEARISHBEARISHBEARISH
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 2,035 of results (avg 2.4%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Oct 1612.2012.21$12.210.1%650.475.5K
$769.00Oct 1610.5210.53$10.520.1%730.431.7K
$771.00Oct 169.489.49$9.490.1%650.411.8K
$764.00Sep 308.868.87$8.860.1%2190.47924
$765.00Sep 308.288.29$8.290.1%4530.462.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Sep 308.388.39$8.390.1%3070.4829.1K
$760.00Sep 308.028.03$8.020.1%3150.4611.3K
$758.00Sep 307.357.36$7.360.1%860.43617
$758.00Sep 256.356.36$6.360.2%970.42729
$765.00Sep 176.236.24$6.240.2%1430.53692

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 619 found (avg $0.33, cheapest $0.18)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Sep 90.170.18$0.185.6%20.8K0.135.9K
$769.00Sep 90.060.07$0.0714.3%8.1K0.057.4K
$768.00Sep 90.100.11$0.119.1%19.1K0.089.4K
$766.00Sep 90.310.32$0.323.1%32.8K0.214.1K
$765.00Sep 90.570.58$0.571.8%45.1K0.335.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$758.00Sep 90.100.11$0.119.1%13.8K0.065.4K
$760.00Sep 90.220.23$0.234.3%26.2K0.1313.1K
$759.00Sep 90.150.16$0.166.3%17.2K0.096.7K
$757.00Sep 90.070.08$0.0812.5%26.6K0.045.3K
$756.00Sep 90.050.06$0.0616.7%12.8K0.034.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 994 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$670.00Sep 993.6393.89$93.760.3%21.001
$685.00Sep 978.6378.85$78.740.3%--1.0011
$700.00Sep 963.6463.91$63.780.4%--1.0010
$705.00Sep 958.6458.91$58.780.5%--1.0019
$710.00Sep 953.6553.87$53.760.4%--1.0092
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$780.00Sep 1116.0816.39$16.241.9%1251.00888
$781.00Sep 1117.0717.42$17.252.0%--1.0013
$782.00Sep 1118.0718.40$18.241.8%61.005
$784.00Sep 1120.0620.41$20.241.7%161.002
$785.00Sep 1121.0621.40$21.231.6%--1.0016

Most actively traded options today. High liquidity = easy entry/exit. 1,543 active (total vol 876.8K, top 60.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$764.00Sep 90.970.98$0.981.0%56.0K0.472.0K
$765.00Sep 90.570.58$0.571.8%45.1K0.335.6K
$766.00Sep 90.310.32$0.323.1%32.8K0.214.1K
$767.00Sep 90.170.18$0.185.6%20.8K0.135.9K
$763.00Sep 91.531.54$1.540.6%19.9K0.602.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 90.850.86$0.861.2%60.8K0.405.0K
$764.00Sep 91.291.30$1.300.8%37.0K0.547.0K
$762.00Sep 90.550.56$0.561.8%33.8K0.286.3K
$757.00Sep 90.070.08$0.0812.5%26.6K0.045.3K
$760.00Sep 90.220.23$0.234.3%26.2K0.1313.1K

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 20.6%, max 27.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$761.00Sep 9Oct 2315.6%12.2%27.1%2.3K497
$762.00Sep 9Oct 2314.9%12.1%22.8%4.6K860
$763.00Sep 9Oct 2314.4%12.0%19.7%19.9K2.1K
$764.00Sep 9Oct 2313.8%11.9%16.3%56.0K2.0K
$765.00Sep 9Oct 2313.6%11.7%16.1%45.1K6.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$761.00Sep 9Oct 2315.6%12.2%27.1%18.1K4.0K
$762.00Sep 9Oct 2314.9%12.1%23.3%33.8K6.4K
$763.00Sep 9Oct 1614.3%11.9%19.4%60.9K7.3K
$764.00Sep 9Oct 2313.9%11.9%17.3%37.0K7.1K
$765.00Sep 9Oct 2313.7%11.7%16.8%19.1K9.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 761 found (best R:R 0.92, avg 5.55)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$730.00$731.00Sep 10$0.25$0.75$0.25100%3.00$730.25
$727.00$728.00Sep 30$0.18$0.82$0.1890%4.56$727.18
$706.00$707.00Oct 16$0.19$0.81$0.1991%4.26$706.19
$730.00$731.00Oct 2$0.16$0.84$0.1687%5.25$730.16
$718.00$719.00Oct 16$0.19$0.81$0.1987%4.26$718.19
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$775.00$770.00Sep 21$2.60$2.40$2.6079%0.92$772.40
$770.00$765.00Sep 23$1.96$3.04$1.9666%1.55$768.04
$784.00$782.00Oct 2$0.72$1.28$0.7283%1.78$783.28
$780.00$778.00Oct 9$0.56$1.44$0.5674%2.57$779.44
$782.00$781.00Sep 18$0.22$0.78$0.2292%3.55$781.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 589 found (best R:R 0.96, avg 0.37)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$770.00Sep 22$2.45$2.45$2.5555%0.96$767.45
$765.00$770.00Sep 23$2.46$2.46$2.5455%0.97$767.46
$765.00$770.00Sep 21$2.42$2.42$2.5855%0.94$767.42
$770.00$775.00Sep 21$1.67$1.67$3.3367%0.50$771.67
$770.00$775.00Sep 23$1.75$1.75$3.2566%0.54$771.75
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$761.00$760.00Sep 9$0.13$0.13$0.8780%0.15$760.87
$762.00$761.00Sep 9$0.20$0.20$0.8072%0.25$761.80
$758.00$757.00Sep 10$0.14$0.14$0.8681%0.16$757.86
$753.00$752.00Sep 11$0.11$0.11$0.8986%0.12$752.89
$763.00$762.00Sep 9$0.30$0.30$0.7060%0.43$762.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.13, cheapest $1.21)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$763.00Sep 9Sep 10$1.2114.4%12.9%
$765.00Sep 9Sep 10$1.1013.6%12.7%
$764.00Sep 9Sep 10$1.1913.8%13.1%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$763.00Sep 9Sep 10$1.1214.3%12.9%
$765.00Sep 9Sep 10$1.0313.7%12.7%
$764.00Sep 9Sep 10$1.1113.9%13.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 832 found (cheapest 0.30% of stock, avg 4.03%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$764.00Sep 9$0.98$1.30$2.28$761.72$766.280.30%
$763.00Sep 9$1.54$0.86$2.40$760.60$765.400.31%
$765.00Sep 9$0.57$1.88$2.45$762.55$767.450.32%
$762.00Sep 9$2.24$0.56$2.80$759.20$764.800.37%
$766.00Sep 9$0.32$2.63$2.95$763.05$768.950.39%
$761.00Sep 9$3.04$0.36$3.40$757.60$764.400.45%
$767.00Sep 9$0.18$3.49$3.67$763.33$770.670.48%
$760.00Sep 9$3.92$0.23$4.15$755.85$764.150.54%
$768.00Sep 9$0.11$4.41$4.52$763.48$772.520.59%
$764.00Sep 10$2.17$2.41$4.58$759.42$768.580.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 395 found (cheapest 0.04% of stock, avg 1.41%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$768.00$759.00Sep 9$0.11$0.16$0.27$758.73$768.27
$767.00$759.00Sep 9$0.18$0.16$0.34$758.66$767.34
$768.00$760.00Sep 9$0.11$0.23$0.34$759.66$768.34
$767.00$760.00Sep 9$0.18$0.23$0.41$759.59$767.41
$768.00$761.00Sep 9$0.11$0.36$0.47$760.53$768.47
$766.00$759.00Sep 9$0.32$0.16$0.48$758.52$766.48
$767.00$761.00Sep 9$0.18$0.36$0.54$760.46$767.54
$766.00$760.00Sep 9$0.32$0.23$0.55$759.45$766.55
$766.00$761.00Sep 9$0.32$0.36$0.68$760.32$766.68
$768.00$762.00Sep 9$0.11$0.56$0.67$761.33$768.67

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 340 found (best R:R 1.13, avg credit $0.82)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
729/730772/773Oct 2$0.53$0.4750%1.13$729.47$772.53
731/732772/773Sep 30$0.51$0.4951%1.04$731.49$772.51
733/734772/773Sep 30$0.52$0.4850%1.08$733.48$772.52
732/733772/773Oct 2$0.54$0.4648%1.17$732.46$772.54
742/743769/770Sep 18$0.53$0.4749%1.13$742.47$769.53
744/745769/770Sep 18$0.55$0.4547%1.22$744.45$769.55
735/736772/773Sep 30$0.53$0.4749%1.13$735.47$772.53
731/732772/773Oct 2$0.53$0.4748%1.13$731.47$772.53
735/736771/772Sep 25$0.50$0.5051%1.00$735.50$771.50
729/730773/774Oct 2$0.50$0.5051%1.00$729.50$773.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 314 found (best R:R 10.36, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 14$0.44$4.5622%10.36
$750.00$755.00$760.00Sep 15$0.43$4.5721%10.63
$740.00$745.00$750.00Oct 23$0.07$4.938%70.43
$755.00$760.00$765.00Sep 15$0.70$4.3029%6.14
$755.00$760.00$765.00Sep 14$0.80$4.2032%5.25
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$755.00$760.00$765.00Sep 14$0.77$4.2332%5.49
$755.00$760.00$765.00Sep 15$0.70$4.3030%6.14
$750.00$755.00$760.00Sep 14$0.48$4.5222%9.42
$750.00$755.00$760.00Sep 16$0.42$4.5820%10.90
$750.00$755.00$760.00Sep 17$0.39$4.6119%11.82

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 958 found (best net $-0.27, 929 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$695.00$735.001:2Oct 23-$0.27$39.73
$745.00$755.001:2Sep 22-$3.89$6.11
$760.00$765.001:2Sep 14-$0.48$4.52
$760.00$765.001:2Sep 15-$0.89$4.11
$765.00$770.001:2Sep 16-$0.28$4.72
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$810.00$790.001:2Sep 9-$6.24$13.76
$790.00$780.001:2Sep 15-$6.33$3.67
$770.00$765.001:2Sep 14-$1.59$3.41
$765.00$760.001:2Sep 14-$0.79$4.21
$770.00$765.001:2Sep 15-$2.10$2.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 298 found (best yield 1.97%, avg 0.48%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$764.00Oct 23$15.030.490.0%1.97%2.00%752
$765.00Oct 23$14.420.470.2%1.89%2.06%36578
$766.00Oct 23$13.830.470.3%1.81%2.11%319
$767.00Oct 23$13.250.460.4%1.73%2.16%--32
$768.00Oct 23$12.680.450.6%1.66%2.22%121.6K
$769.00Oct 23$12.120.440.7%1.59%2.28%119
$770.00Oct 23$11.580.430.8%1.52%2.34%51.5K
$771.00Oct 23$11.050.420.9%1.45%2.40%864
$772.00Oct 23$10.540.411.1%1.38%2.46%428
$773.00Oct 23$10.040.401.2%1.31%2.53%--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 399,757
Total Puts 479,462
Put/Call Ratio 1.20
Net Difference -79,705

Prior's Put/Call Breakdown

Total Calls 444,713
Total Puts 701,811
Put/Call Ratio 1.58
Net Difference -257,098

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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