Tour v527
SPY
State Street SPDR S&P 500 ETF Trust
$758.94 -0.45%
9/10 10:30

Option Volume

Detail
Current (09/10 10:30am) 2,911,588
Calls: 1,301,090 (45%)
Puts: 1,610,498 (55%)
Prior (09/09) 2,067,563
Calls: 896,306 (43%)
Puts: 1,171,257 (57%)
Current vs Prior +40.82%
Calls: +45.16% (Calls)
Puts: +37.50% (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 -71.28%
Calls: -71.85%
Puts: -70.80%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/10 10:30am) $549.02M
Calls: $272.81M (50%)
Puts: $276.21M (50%)
Prior (09/09) $379.56M
Calls: $220.21M (58%)
Puts: $159.35M (42%)
Current vs Prior +44.65%
Calls: +23.89%
Puts: +73.33%
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 -54.59%
Calls: -57.26%
Puts: -51.61%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/10 10:30am) 1.24
Prior (09/09) 1.31
Current vs Prior -5.28%
Prior 7-Day Average 1.20
Current vs Prior 7-Day Avg +3.04%
Sentiment BEARISH

Open Interest

Detail
Current (09/10 10:30am) 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 0.42% | 0.90%0.90% | 1.13%0.90% | 1.89%1.29% | 3.68%
Prior 0.62% | 0.96%0.14% | 0.96%0.96% | 1.82%1.58% | 3.52%
Current vs Prior -32.82% | -6.24%+556.43% | +17.54%-6.24% | +3.71%-17.86% | +4.34%
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 -25.66% | +14.22%+167.43% | +28.36%+12.66% | +24.53%-28.93% | +3.22%
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 -32.82% | -6.24%+556.43% | +17.54%-6.24% | +3.71%-17.86% | +4.34%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.65% | 0.46%
Calls: 0.54% | 0.26%
Puts: 0.76% | 0.66%
Prior 0.84% | 0.55%
Calls: 0.80% | 0.51%
Puts: 0.89% | 0.59%
Current vs Prior -22.62% | -16.36%
Prior 7-Day Avg 1.07% | 0.98%
Calls: 0.81% | 0.75%
Puts: 1.32% | 1.21%
Current vs 7-Day Avg -39.09% | -52.86%
Liquidity Excellent
+
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🤖 AI Insights

Bearish P/C ratio of 1.24 indicates protective positioning. Put-heavy open interest (7,429,373 puts vs 2,541,397 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 BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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
10:30BEARISHBEARISHBEARISH
10:25BULLISHBEARISHBEARISH
10:20BEARISHBEARISHBEARISH
10:15BEARISHBEARISHBEARISH
10:10BEARISHBEARISHBEARISH
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 2,675 of results (avg 2.4%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$635.00Sep 10123.78124.02$123.900.2%11.005
$759.00Sep 309.569.58$9.570.2%2410.48790
$761.00Sep 308.408.42$8.410.2%5350.452.2K
$762.00Sep 307.857.87$7.860.3%650.431.4K
$758.00Sep 113.833.84$3.840.3%15.5K0.561.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$755.00Oct 1611.5811.61$11.600.3%1.5K0.4625.4K
$840.00Sep 1080.9881.22$81.100.3%21.00--
$751.00Sep 162.922.93$2.930.3%700.30--
$724.00Oct 235.745.76$5.750.3%--0.2253
$726.00Sep 302.792.80$2.800.4%290.16776

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 705 found (avg $0.37, cheapest $0.15)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$763.00Sep 100.140.15$0.156.7%68.4K0.095.4K
$764.00Sep 100.080.09$0.0911.1%33.7K0.067.0K
$762.00Sep 100.260.27$0.273.7%70.0K0.164.6K
$761.00Sep 100.470.48$0.482.1%78.7K0.244.3K
$760.00Sep 100.800.81$0.811.2%163.3K0.361.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$752.00Sep 100.090.10$0.1010.0%35.9K0.064.4K
$754.00Sep 100.180.19$0.195.3%64.2K0.104.0K
$755.00Sep 100.260.27$0.273.7%113.0K0.157.4K
$753.00Sep 100.130.14$0.147.1%52.5K0.077.3K
$751.00Sep 100.070.08$0.0812.5%31.2K0.042.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,242 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Sep 10138.64139.02$138.830.3%41.00--
$635.00Sep 10123.78124.02$123.900.2%11.005
$680.00Sep 1078.6279.02$78.820.5%11.003
$685.00Sep 1073.7174.02$73.860.4%101.0014
$690.00Sep 1068.7169.02$68.860.5%--1.0010
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Sep 1113.0113.14$13.081.0%1911.003.3K
$773.00Sep 1114.0214.13$14.080.8%2011.002.0K
$774.00Sep 1115.0015.13$15.070.9%2681.001.4K
$775.00Sep 1116.0116.13$16.070.7%3671.001.1K
$776.00Sep 1117.0117.13$17.070.7%331.0032

Most actively traded options today. High liquidity = easy entry/exit. 2,537 active (total vol 2.9M, top 182.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$760.00Sep 100.800.81$0.811.2%163.3K0.361.6K
$759.00Sep 101.261.27$1.270.8%160.4K0.48536
$758.00Sep 101.851.86$1.860.5%140.2K0.60434
$761.00Sep 100.470.48$0.482.1%78.7K0.244.3K
$762.00Sep 100.260.27$0.273.7%70.0K0.164.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$757.00Sep 100.600.61$0.611.6%182.7K0.295.3K
$756.00Sep 100.400.41$0.412.4%145.3K0.212.9K
$758.00Sep 100.900.91$0.911.1%126.1K0.404.1K
$755.00Sep 100.260.27$0.273.7%113.0K0.157.4K
$754.00Sep 100.180.19$0.195.3%64.2K0.104.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 15 strikes (avg 24.9%, max 43.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$755.00Sep 10Oct 2319.0%13.3%43.1%7.5K552
$756.00Sep 10Oct 2318.0%13.2%37.0%19.9K554
$757.00Sep 10Oct 2317.4%13.0%33.3%63.0K732
$758.00Sep 10Oct 2316.9%12.9%30.7%140.3K437
$759.00Sep 10Oct 2316.7%12.8%30.7%160.5K545
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$756.00Sep 10Oct 2318.0%13.2%37.1%145.3K2.9K
$757.00Sep 10Oct 2317.4%13.0%33.4%182.7K5.4K
$759.00Sep 10Oct 2316.7%12.8%30.8%47.4K5.7K
$758.00Sep 10Oct 2316.9%12.9%30.7%126.1K4.1K
$760.00Sep 10Oct 2316.3%12.6%28.7%26.0K10.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,067 found (best R:R 1.94, avg 5.12)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$708.00$710.00Oct 16$0.68$1.32$0.6888%1.94$708.68
$730.00$731.00Sep 25$0.12$0.88$0.1286%7.33$730.12
$719.00$720.00Oct 16$0.21$0.79$0.2183%3.76$719.21
$729.00$730.00Oct 16$0.17$0.83$0.1778%4.88$729.17
$736.00$737.00Oct 2$0.18$0.82$0.1877%4.56$736.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$794.00$793.00Sep 11$0.30$0.70$0.30100%2.33$793.70
$770.00$769.00Sep 21$0.14$0.86$0.1478%6.14$769.86
$780.00$779.00Oct 2$0.21$0.79$0.2183%3.76$779.79
$772.00$771.00Sep 30$0.12$0.88$0.1274%7.33$771.88
$779.00$778.00Sep 30$0.24$0.76$0.2484%3.17$778.76

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 810 found (best R:R 1.04, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$760.00$765.00Sep 24$2.55$2.55$2.4554%1.04$762.55
$765.00$770.00Sep 24$1.93$1.93$3.0765%0.63$766.93
$770.00$775.00Sep 24$1.30$1.30$3.7075%0.35$771.30
$775.00$780.00Sep 24$0.77$0.77$4.2384%0.18$775.77
$762.00$764.00Sep 22$0.99$0.99$1.0159%0.98$762.99
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$756.00$755.00Sep 10$0.14$0.14$0.8679%0.16$755.86
$751.00$750.00Sep 11$0.14$0.14$0.8682%0.16$750.86
$750.00$749.00Sep 11$0.11$0.11$0.8985%0.12$749.89
$757.00$756.00Sep 10$0.20$0.20$0.8071%0.25$756.80
$758.00$757.00Sep 10$0.30$0.30$0.7060%0.43$757.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.82, cheapest $1.71)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$759.00Sep 10Sep 11$1.9916.7%17.5%
$758.00Sep 10Sep 11$1.9816.9%17.8%
$760.00Sep 10Sep 11$1.9216.3%17.7%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$759.00Sep 10Sep 11$1.7116.7%17.4%
$758.00Sep 10Sep 11$1.6916.9%17.8%
$760.00Sep 10Sep 11$1.6416.3%17.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,052 found (cheapest 0.34% of stock, avg 3.93%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$759.00Sep 10$1.27$1.31$2.58$756.42$761.580.34%
$760.00Sep 10$0.81$1.85$2.66$757.34$762.660.35%
$758.00Sep 10$1.86$0.91$2.77$755.23$760.770.36%
$761.00Sep 10$0.48$2.52$3.00$758.00$764.000.40%
$757.00Sep 10$2.56$0.61$3.17$753.83$760.170.42%
$762.00Sep 10$0.27$3.31$3.58$758.42$765.580.47%
$756.00Sep 10$3.36$0.41$3.77$752.23$759.770.50%
$763.00Sep 10$0.15$4.20$4.35$758.65$767.350.57%
$755.00Sep 10$4.22$0.27$4.49$750.51$759.490.59%
$764.00Sep 10$0.09$5.16$5.25$758.75$769.250.69%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 425 found (cheapest 0.04% of stock, avg 1.73%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$763.00$754.00Sep 10$0.15$0.19$0.34$753.66$763.34
$762.00$754.00Sep 10$0.27$0.19$0.46$753.54$762.46
$763.00$755.00Sep 10$0.15$0.27$0.42$754.58$763.42
$762.00$755.00Sep 10$0.27$0.27$0.54$754.46$762.54
$763.00$756.00Sep 10$0.15$0.41$0.56$755.44$763.56
$762.00$756.00Sep 10$0.27$0.41$0.68$755.32$762.68
$761.00$754.00Sep 10$0.48$0.19$0.67$753.33$761.67
$761.00$755.00Sep 10$0.48$0.27$0.75$754.25$761.75
$761.00$756.00Sep 10$0.48$0.41$0.89$755.11$761.89
$763.00$757.00Sep 10$0.15$0.61$0.76$756.24$763.76

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 476 found (best R:R 0.96, avg credit $0.55)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
732/733766/767Sep 21$0.49$0.5154%0.96$732.51$766.49
724/725768/769Sep 30$0.51$0.4952%1.04$724.49$768.51
735/736765/766Sep 22$0.55$0.4548%1.22$735.45$765.55
732/733765/766Sep 21$0.51$0.4952%1.04$732.49$765.51
734/735765/766Sep 22$0.54$0.4648%1.17$734.46$765.54
734/735766/767Sep 21$0.50$0.5052%1.00$734.50$766.50
732/733767/768Sep 21$0.46$0.5456%0.85$732.54$767.46
733/734765/766Sep 22$0.53$0.4749%1.13$733.47$765.53
728/729766/767Sep 25$0.52$0.4850%1.08$728.48$766.52
728/729767/768Sep 25$0.50$0.5052%1.00$728.50$767.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 288 found (best R:R 70.43, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Sep 24$0.07$4.9319%70.43
$710.00$720.00$730.00Sep 16$0.14$9.865%70.43
$705.00$710.00$715.00Oct 2$0.06$4.943%82.33
$755.00$756.00$757.00Sep 10$0.06$0.9414%15.67
$757.00$758.00$759.00Sep 10$0.11$0.8923%8.09
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$760.00$765.00$770.00Sep 24$0.17$4.8320%28.41
$740.00$745.00$750.00Sep 24$0.26$4.7413%18.23
$745.00$750.00$755.00Sep 24$0.35$4.6516%13.29
$765.00$770.00$775.00Sep 24$0.44$4.5619%10.36
$730.00$735.00$740.00Sep 24$0.15$4.858%32.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,017 found (best net $-33.74, 1,007 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$635.00$680.001:2Sep 10-$33.74$11.26
$695.00$720.001:2Sep 24-$16.54$8.46
$725.00$740.001:2Sep 21-$6.75$8.25
$690.00$715.001:2Sep 23-$19.65$5.35
$705.00$725.001:2Sep 17-$15.60$4.40
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$795.00$782.001:2Sep 15-$9.94$3.06
$780.00$770.001:2Sep 23-$7.11$2.89
$695.00$670.001:2Sep 23-$0.06$24.94
$700.00$680.001:2Sep 22-$0.11$19.89
$705.00$690.001:2Sep 24-$0.25$14.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 414 found (best yield 2.08%, avg 0.47%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$759.00Oct 23$15.810.490.0%2.08%2.09%499
$760.00Oct 23$15.200.480.1%2.00%2.14%1585
$761.00Oct 23$14.600.470.3%1.92%2.20%66
$762.00Oct 23$14.000.470.4%1.84%2.25%817
$763.00Oct 23$13.430.450.5%1.77%2.30%710
$764.00Oct 23$12.860.440.7%1.69%2.36%54119
$765.00Oct 23$12.310.430.8%1.62%2.42%33886
$766.00Oct 23$11.770.420.9%1.55%2.48%2128
$767.00Oct 23$11.240.411.1%1.48%2.54%139
$768.00Oct 23$10.720.401.2%1.41%2.61%61.6K

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 1,301,090
Total Puts 1,610,498
Put/Call Ratio 1.24
Net Difference -309,408

Prior's Put/Call Breakdown

Total Calls 896,306
Total Puts 1,171,257
Put/Call Ratio 1.31
Net Difference -274,951

Prior 7-Day Put/Call Summary

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