Tour v527
SPY
State Street SPDR S&P 500 ETF Trust
$757.08 -0.70%
9/10 10:00

Option Volume

Detail
Current (09/10 10:00am) 1,560,999
Calls: 670,147 (43%)
Puts: 890,852 (57%)
Prior (09/09) 994,212
Calls: 462,743 (47%)
Puts: 531,469 (53%)
Current vs Prior +57.01%
Calls: +44.82% (Calls)
Puts: +67.62% (Puts)
Prior 7-Day Total 70,958,638
Calls: 32,351,277 (46%)
Puts: 38,607,361 (54%)
Prior 7-Day Average 10,136,948
Calls: 4,621,611 (46%)
Puts: 5,515,337 (54%)
Current vs Prior 7-Day Avg -84.60%
Calls: -85.50%
Puts: -83.85%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/10 10:00am) $335.77M
Calls: $110.43M (33%)
Puts: $225.33M (67%)
Prior (09/09) $173.57M
Calls: $90.48M (52%)
Puts: $83.09M (48%)
Current vs Prior +93.45%
Calls: +22.06%
Puts: +171.19%
Prior 7-Day Total $8.46B
Calls: $4.47B (53%)
Puts: $4.00B (47%)
Prior 7-Day Average $1.21B
Calls: $638.27M (53%)
Puts: $570.76M (47%)
Current vs Prior 7-Day Avg -72.23%
Calls: -82.70%
Puts: -60.52%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/10 10:00am) 1.33
Prior (09/09) 1.15
Current vs Prior +15.74%
Prior 7-Day Average 1.20
Current vs Prior 7-Day Avg +10.66%
Sentiment BEARISH

Open Interest

Detail
Current (09/10 10:00am) 9,970,770
Calls: 2,541,397 (25%)
Puts: 7,429,373 (75%)
Prior (09/09) 9,858,710
Calls: 2,457,192 (25%)
Puts: 7,401,518 (75%)
Current vs Prior +1.14%
Prior 7-Day Total 67,022,975
Calls: 17,401,327 (26%)
Puts: 49,621,648 (74%)
Prior 7-Day Average 9,574,710
Calls: 2,485,903 (26%)
Puts: 7,088,806 (74%)
Current vs Prior 7-Day Avg +4.14%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/10) | Next (09/11)Expiry (09/11) | Next (09/14)Expiry (09/11) | Next (09/18)Expiry (09/15) | Next (10/16)
Current 0.45% | 0.93%0.93% | 1.18%0.93% | 1.97%1.35% | 3.75%
Prior 0.62% | 0.96%0.14% | 0.96%0.96% | 1.82%1.58% | 3.52%
Current vs Prior -27.34% | -3.41%+576.25% | +22.34%-3.41% | +8.16%-14.47% | +6.32%
Prior 7-Day Avg 0.56% | 0.79%0.34% | 0.88%0.80% | 1.52%1.82% | 3.56%
Current vs 7-Day Avg -19.60% | +17.67%+175.50% | +33.61%+16.07% | +29.88%-26.00% | +5.18%
Prior 7-Day Eod 0.62% | 0.96%0.14% | 0.96%0.96% | 1.82%1.58% | 3.52%
Current vs 7-Day Eod -27.34% | -3.41%+576.25% | +22.34%-3.41% | +8.16%-14.47% | +6.32%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.59% | 0.70%
Calls: 0.66% | 0.57%
Puts: 0.53% | 0.84%
Prior 0.84% | 0.55%
Calls: 0.80% | 0.51%
Puts: 0.89% | 0.59%
Current vs Prior -29.76% | +27.27%
Prior 7-Day Avg 1.07% | 0.98%
Calls: 0.81% | 0.75%
Puts: 1.32% | 1.21%
Current vs 7-Day Avg -44.71% | -28.26%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 67% put dollar volume ($225.33M). Elevated premium activity with dollar volume up 93% vs prior. Above-average activity with volume up 57% vs prior. Bearish P/C ratio of 1.33 indicates protective positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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
10:00BEARISHBEARISHBEARISH
09:55BEARISHBEARISHBEARISH
09:50BEARISHBEARISHBEARISH
09:45BEARISHBEARISHBEARISH
09:40BEARISHBEARISHBEARISH
09:35BEARISHBEARISHBEARISH

📈 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 2,436 of results (avg 2.7%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$757.00Sep 144.474.48$4.470.2%3900.51--
$754.00Sep 103.613.62$3.620.3%2.0K0.78139
$744.00Sep 1113.7613.80$13.780.3%4330.92241
$722.00Sep 1135.3635.47$35.420.3%60.9958
$745.00Sep 1112.8312.87$12.850.3%3200.90609
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$755.00Sep 186.646.65$6.650.2%3.2K0.4741.9K
$760.00Sep 114.634.64$4.640.2%6.2K0.6345.5K
$760.00Sep 103.283.29$3.290.3%11.8K0.8010.5K
$757.00Sep 113.093.10$3.100.3%8.8K0.483.6K
$754.00Sep 142.932.94$2.940.3%4110.38--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 653 found (avg $0.37, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 100.080.09$0.0911.1%24.4K0.065.4K
$762.00Sep 100.130.14$0.147.1%38.2K0.084.6K
$764.00Sep 100.050.06$0.0616.7%17.4K0.047.0K
$761.00Sep 100.230.24$0.244.2%38.2K0.134.3K
$760.00Sep 100.400.41$0.412.4%74.2K0.211.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Sep 100.130.14$0.147.1%28.7K0.074.4K
$751.00Sep 100.180.19$0.195.3%17.6K0.092.0K
$752.00Sep 100.250.26$0.263.8%15.7K0.124.4K
$749.00Sep 100.100.11$0.119.1%9.0K0.054.2K
$753.00Sep 100.350.36$0.362.8%29.3K0.167.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,140 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Sep 10135.22139.08$137.152.8%21.00--
$610.00Sep 11146.00149.40$147.702.3%--1.0011
$615.00Sep 11141.00144.40$142.702.4%--1.0010
$625.00Sep 11131.95134.15$133.051.7%--1.0038
$635.00Sep 11120.23124.40$122.323.4%21.0022
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Sep 108.888.97$8.931.0%7881.002.8K
$767.00Sep 109.889.97$9.930.9%6031.002.7K
$768.00Sep 1010.8710.96$10.920.8%1691.001.9K
$769.00Sep 1011.8711.96$11.920.8%1661.001.4K
$770.00Sep 1012.8712.96$12.920.7%1901.001.3K

Most actively traded options today. High liquidity = easy entry/exit. 2,211 active (total vol 1.6M, top 91.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$759.00Sep 100.650.66$0.661.5%79.8K0.30536
$760.00Sep 100.400.41$0.412.4%74.2K0.211.6K
$758.00Sep 101.021.03$1.021.0%62.3K0.40434
$762.00Sep 100.130.14$0.147.1%38.2K0.084.6K
$761.00Sep 100.230.24$0.244.2%38.2K0.134.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$757.00Sep 101.391.40$1.400.7%91.1K0.495.3K
$758.00Sep 101.901.91$1.900.5%73.2K0.604.1K
$756.00Sep 100.991.00$1.001.0%64.3K0.382.9K
$755.00Sep 100.700.71$0.711.4%50.1K0.297.4K
$750.00Sep 184.974.99$4.980.4%35.8K0.3764.9K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 16 strikes (avg 33.4%, max 51.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$753.00Sep 10Oct 1620.6%13.8%49.9%1.3K462
$754.00Sep 10Oct 2319.7%13.5%45.8%2.0K146
$755.00Sep 10Oct 2319.0%13.4%42.1%2.7K552
$756.00Sep 10Oct 2318.4%13.3%38.6%9.4K554
$757.00Sep 10Oct 2317.9%13.1%36.5%25.2K732
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$753.00Sep 10Oct 2320.6%13.7%51.1%29.3K7.3K
$754.00Sep 10Oct 2319.7%13.5%45.8%30.7K4.1K
$755.00Sep 10Oct 2319.0%13.4%42.1%50.1K7.5K
$756.00Sep 10Oct 2318.4%13.3%38.6%64.3K2.9K
$757.00Sep 10Oct 2317.9%13.1%36.5%91.1K5.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,107 found (best R:R 3.00, avg 4.93)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$721.00$722.00Oct 16$0.13$0.87$0.1381%6.69$721.13
$665.00$666.00Sep 30$0.34$0.66$0.34100%1.94$665.34
$727.00$728.00Oct 2$0.17$0.83$0.1782%4.88$727.17
$737.00$738.00Sep 25$0.14$0.86$0.1478%6.14$737.14
$729.00$730.00Oct 2$0.19$0.81$0.1981%4.26$729.19
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$797.00$796.00Sep 15$0.25$0.75$0.25100%3.00$796.75
$780.00$779.00Sep 18$0.20$0.80$0.2095%4.00$779.80
$788.00$787.00Sep 14$0.27$0.73$0.27100%2.70$787.73
$770.00$767.00Sep 21$1.59$1.41$1.5980%0.89$768.41
$775.00$773.00Sep 22$1.00$1.00$1.0088%1.00$774.00

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 821 found (best R:R 0.91, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$760.00$765.00Sep 24$2.38$2.38$2.6258%0.91$762.38
$765.00$770.00Sep 24$1.77$1.77$3.2368%0.55$766.77
$770.00$775.00Sep 24$1.17$1.17$3.8377%0.31$771.17
$775.00$780.00Sep 24$0.68$0.68$4.3286%0.16$775.68
$762.00$764.00Sep 22$0.91$0.91$1.0962%0.83$762.91
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$748.00$747.00Sep 11$0.12$0.12$0.8884%0.14$747.88
$749.00$748.00Sep 11$0.14$0.14$0.8682%0.16$748.86
$755.00$754.00Sep 10$0.21$0.21$0.7971%0.27$754.79
$750.00$749.00Sep 11$0.16$0.16$0.8479%0.19$749.84
$757.00$756.00Sep 10$0.40$0.40$0.6051%0.67$756.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.82, cheapest $1.69)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$756.00Sep 10Sep 11$1.9718.4%18.6%
$757.00Sep 10Sep 11$1.9717.9%18.3%
$758.00Sep 10Sep 11$1.9317.7%18.6%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$756.00Sep 10Sep 11$1.6918.4%18.6%
$757.00Sep 10Sep 11$1.7017.9%18.3%
$758.00Sep 10Sep 11$1.6617.7%18.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 959 found (cheapest 0.39% of stock, avg 3.93%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$757.00Sep 10$1.52$1.40$2.92$754.08$759.920.39%
$758.00Sep 10$1.02$1.90$2.92$755.08$760.920.39%
$756.00Sep 10$2.12$1.00$3.12$752.88$759.120.41%
$759.00Sep 10$0.66$2.54$3.20$755.80$762.200.42%
$755.00Sep 10$2.83$0.71$3.54$751.46$758.540.47%
$760.00Sep 10$0.41$3.29$3.70$756.30$763.700.49%
$754.00Sep 10$3.62$0.50$4.12$749.88$758.120.54%
$761.00Sep 10$0.24$4.12$4.36$756.64$765.360.58%
$753.00Sep 10$4.47$0.36$4.83$748.17$757.830.64%
$762.00Sep 10$0.14$5.03$5.17$756.83$767.170.68%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 425 found (cheapest 0.07% of stock, avg 1.79%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$762.00$753.00Sep 10$0.14$0.36$0.50$752.50$762.50
$761.00$753.00Sep 10$0.24$0.36$0.60$752.40$761.60
$762.00$754.00Sep 10$0.14$0.50$0.64$753.36$762.64
$760.00$753.00Sep 10$0.41$0.36$0.77$752.23$760.77
$761.00$754.00Sep 10$0.24$0.50$0.74$753.26$761.74
$760.00$754.00Sep 10$0.41$0.50$0.91$753.09$760.91
$762.00$755.00Sep 10$0.14$0.71$0.85$754.15$762.85
$759.00$753.00Sep 10$0.66$0.36$1.02$751.98$760.02
$761.00$755.00Sep 10$0.24$0.71$0.95$754.05$761.95
$759.00$754.00Sep 10$0.66$0.50$1.16$752.84$760.16

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 544 found (best R:R 1.13, avg credit $0.58)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
725/726765/766Sep 25$0.53$0.4751%1.13$725.47$765.53
720/721766/767Sep 30$0.52$0.4851%1.08$720.48$766.52
731/732764/765Sep 18$0.50$0.5053%1.00$731.50$764.50
731/732764/765Sep 21$0.52$0.4851%1.08$731.48$764.52
725/726766/767Sep 25$0.50$0.5053%1.00$725.50$766.50
720/722765/767Sep 23$0.90$1.1056%0.82$721.10$765.90
720/721767/768Sep 30$0.50$0.5053%1.00$720.50$767.50
727/728765/766Sep 25$0.53$0.4750%1.13$727.47$765.53
721/722767/768Oct 2$0.53$0.4750%1.13$721.47$767.53
731/732763/764Sep 18$0.52$0.4851%1.08$731.48$763.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 309 found (best R:R 34.71, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 24$0.36$4.6419%12.89
$740.00$745.00$750.00Sep 17$0.27$4.7315%17.52
$725.00$730.00$735.00Sep 14$0.06$4.944%82.33
$756.00$757.00$758.00Sep 10$0.10$0.9022%9.00
$715.00$720.00$725.00Oct 9$0.12$4.885%40.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$770.00$775.00$780.00Sep 17$0.14$4.8614%34.71
$750.00$755.00$760.00Sep 24$0.35$4.6518%13.29
$755.00$760.00$765.00Sep 24$0.42$4.5819%10.90
$740.00$745.00$750.00Sep 24$0.28$4.7214%16.86
$745.00$750.00$755.00Sep 24$0.36$4.6416%12.89

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 985 found (best net $-7.93, 975 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$620.00$685.001:2Sep 10-$7.93$57.07
$705.00$732.001:2Sep 17-$0.75$26.25
$695.00$720.001:2Sep 24-$14.69$10.31
$725.00$740.001:2Sep 21-$5.16$9.84
$690.00$715.001:2Sep 23-$19.34$5.66
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$800.00$780.001:2Sep 16-$3.85$16.15
$799.00$784.001:2Sep 10-$11.98$3.02
$710.00$690.001:2Sep 24-$0.09$19.91
$695.00$670.001:2Sep 23-$0.06$24.94
$700.00$680.001:2Sep 22-$0.11$19.89

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 404 found (best yield 2.06%, avg 0.47%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$758.00Oct 23$15.580.480.1%2.06%2.18%713
$759.00Oct 23$14.970.480.2%1.98%2.23%409
$760.00Oct 23$14.380.470.4%1.90%2.29%1285
$761.00Oct 23$13.790.460.5%1.82%2.34%46
$762.00Oct 23$13.220.450.7%1.75%2.40%817
$763.00Oct 23$12.660.440.8%1.67%2.45%--10
$764.00Oct 23$12.110.430.9%1.60%2.51%51119
$765.00Oct 23$11.580.421.1%1.53%2.58%13886
$766.00Oct 23$11.060.411.2%1.46%2.64%1528
$758.00Oct 16$13.950.480.1%1.84%1.96%88411

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 670,147
Total Puts 890,852
Put/Call Ratio 1.33
Net Difference -220,705

Prior's Put/Call Breakdown

Total Calls 462,743
Total Puts 531,469
Put/Call Ratio 1.15
Net Difference -68,726

Prior 7-Day Put/Call Summary

Total Calls 32,351,277
Total Puts 38,607,361
Average Put/Call Ratio 1.20
Ratio Trend Rising

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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