Tour v527
SPY
State Street SPDR S&P 500 ETF Trust
$765.26 +0.98%
9/11 09:40

Option Volume

Detail
Current (09/11 9:40am) 607,992
Calls: 312,437 (51%)
Puts: 295,555 (49%)
Prior (09/10) 552,000
Calls: 259,575 (47%)
Puts: 292,425 (53%)
Current vs Prior +10.14%
Calls: +20.36% (Calls)
Puts: +1.07% (Puts)
Prior 7-Day Total 72,152,470
Calls: 32,633,795 (45%)
Puts: 39,518,675 (55%)
Prior 7-Day Average 10,307,495
Calls: 4,661,970 (45%)
Puts: 5,645,525 (55%)
Current vs Prior 7-Day Avg -94.10%
Calls: -93.30%
Puts: -94.76%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/11 9:40am) $112.59M
Calls: $65.47M (58%)
Puts: $47.13M (42%)
Prior (09/10) $117.69M
Calls: $44.01M (37%)
Puts: $73.68M (63%)
Current vs Prior -4.33%
Calls: +48.76%
Puts: -36.04%
Prior 7-Day Total $9.17B
Calls: $4.62B (50%)
Puts: $4.55B (50%)
Prior 7-Day Average $1.31B
Calls: $659.99M (50%)
Puts: $649.97M (50%)
Current vs Prior 7-Day Avg -91.40%
Calls: -90.08%
Puts: -92.75%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/11 9:40am) 0.95
Prior (09/10) 1.13
Current vs Prior -16.03%
Prior 7-Day Average 1.22
Current vs Prior 7-Day Avg -22.42%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/11 9:40am) 10,530,279
Calls: 2,688,058 (26%)
Puts: 7,842,221 (74%)
Prior (09/10) 9,970,770
Calls: 2,541,397 (25%)
Puts: 7,429,373 (75%)
Current vs Prior +5.61%
Prior 7-Day Total 68,310,846
Calls: 17,543,708 (26%)
Puts: 50,767,138 (74%)
Prior 7-Day Average 9,758,692
Calls: 2,506,244 (26%)
Puts: 7,252,448 (74%)
Current vs Prior 7-Day Avg +7.91%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/11) | Next (09/14)Expiry (09/11) | Next (09/14)Expiry (09/11) | Next (09/18)Expiry (09/15) | Next (10/16)
Current 0.46% | 0.76%0.46% | 0.76%0.46% | 1.55%0.93% | 3.32%
Prior 0.91% | 1.17%0.91% | 1.17%0.91% | 1.96%1.34% | 3.75%
Current vs Prior -49.77% | -35.28%-49.76% | -35.28%-49.76% | -21.14%-30.80% | -11.33%
Prior 7-Day Avg 0.62% | 0.86%0.45% | 0.95%0.79% | 1.58%1.70% | 3.58%
Current vs 7-Day Avg -26.56% | -12.31%+2.33% | -20.72%-41.90% | -1.85%-45.24% | -7.12%
Prior 7-Day Eod 0.91% | 1.17%0.91% | 1.17%0.91% | 1.96%1.34% | 3.75%
Current vs 7-Day Eod -49.77% | -35.28%-49.76% | -35.28%-49.76% | -21.14%-30.80% | -11.33%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.57% | 0.34%
Calls: 0.61% | 0.35%
Puts: 0.53% | 0.34%
Prior 0.80% | 0.89%
Calls: 0.48% | 0.96%
Puts: 1.11% | 0.82%
Current vs Prior -28.75% | -61.80%
Prior 7-Day Avg 0.92% | 0.99%
Calls: 0.80% | 0.77%
Puts: 1.03% | 1.21%
Current vs 7-Day Avg -37.85% | -65.71%
Liquidity Excellent
+
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🤖 AI Insights

Put-heavy open interest (7,842,221 puts vs 2,688,058 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
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
09:40BULLISHNEUTRALBULLISH
09:35BULLISHBULLISHBULLISH

📈 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 2,380 of results (avg 2.6%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 164.674.68$4.680.2%5560.521.8K
$640.00Sep 11125.15125.44$125.300.2%--1.0095
$710.00Sep 1455.2955.42$55.360.2%--1.0013
$719.00Sep 1446.3046.41$46.360.2%11.001
$715.00Sep 1450.3050.42$50.360.2%121.0014
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Sep 114.014.02$4.010.2%1.1K0.85197
$765.00Sep 153.133.14$3.140.3%9010.481.9K
$766.00Sep 142.942.95$2.950.3%1.5K0.54119
$761.00Sep 162.832.84$2.840.4%130.35128
$767.00Sep 112.462.47$2.470.4%2.7K0.675.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 755 found (avg $0.35, cheapest $0.15)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 110.140.15$0.156.7%16.6K0.1031.6K
$771.00Sep 110.090.10$0.1010.0%8.6K0.066.2K
$772.00Sep 110.060.07$0.0714.3%7.3K0.048.3K
$769.00Sep 110.250.26$0.263.8%11.6K0.155.8K
$768.00Sep 110.420.43$0.432.3%17.7K0.238.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$756.00Sep 110.110.12$0.128.3%5.2K0.059.7K
$759.00Sep 110.230.24$0.244.2%3.0K0.106.6K
$758.00Sep 110.180.19$0.195.3%5.8K0.0711.4K
$755.00Sep 110.090.10$0.1010.0%4.6K0.0454.3K
$754.00Sep 110.070.08$0.0812.5%2.9K0.038.7K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,084 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$615.00Sep 11150.00150.44$150.220.3%--1.0011
$625.00Sep 11140.15140.54$140.350.3%61.0017
$635.00Sep 11130.15130.57$130.360.3%--1.0021
$640.00Sep 11125.15125.44$125.300.2%--1.0095
$645.00Sep 11119.98120.44$120.210.4%--1.0015
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$787.00Sep 1121.5321.81$21.671.3%21.00--
$800.00Sep 1433.0036.50$34.7510.1%--1.0052
$779.00Sep 1113.7013.80$13.750.7%61.00--
$780.00Sep 1114.5914.81$14.701.5%31.004
$782.00Sep 1116.5916.81$16.701.3%11.001

Most actively traded options today. High liquidity = easy entry/exit. 1,701 active (total vol 606.1K, top 26.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 111.621.63$1.630.6%26.5K0.5514.5K
$766.00Sep 111.101.11$1.110.9%24.3K0.446.3K
$768.00Sep 110.420.43$0.432.3%17.7K0.238.4K
$770.00Sep 110.140.15$0.156.7%16.6K0.1031.6K
$767.00Sep 110.700.71$0.711.4%16.0K0.336.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 111.391.40$1.400.7%24.5K0.456.0K
$764.00Sep 111.021.03$1.021.0%22.5K0.363.1K
$760.00Sep 110.310.32$0.323.1%14.9K0.1249.2K
$762.00Sep 110.550.56$0.561.8%14.7K0.213.1K
$763.00Sep 110.750.76$0.761.3%13.1K0.2819.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 18 strikes (avg 48.8%, max 75.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$761.00Sep 11Oct 2321.5%12.3%75.4%2.1K6.4K
$762.00Sep 11Oct 2320.5%12.2%68.9%3.4K7.5K
$763.00Sep 11Oct 2319.6%12.0%62.7%5.9K8.9K
$764.00Sep 11Oct 2318.7%11.9%57.0%8.8K9.6K
$765.00Sep 11Oct 2317.9%11.8%52.0%27.0K15.4K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$761.00Sep 11Oct 2321.5%12.3%75.4%6.1K5.2K
$762.00Sep 11Oct 2320.5%12.2%68.9%14.7K3.1K
$763.00Sep 11Oct 2319.6%12.0%62.7%13.1K19.3K
$764.00Sep 11Oct 2318.7%11.9%57.0%22.5K3.1K
$765.00Sep 11Oct 2317.9%11.8%52.0%24.6K6.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 870 found (best R:R 0.98, avg 4.89)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$738.00$740.00Sep 25$1.01$0.99$1.0190%0.98$739.01
$727.00$730.00Oct 9$1.84$1.16$1.8487%0.63$728.84
$730.00$731.00Oct 2$0.13$0.87$0.1389%6.69$730.13
$719.00$720.00Oct 16$0.12$0.88$0.1288%7.33$719.12
$721.00$722.00Oct 16$0.15$0.85$0.1587%5.67$721.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$784.00$782.00Oct 23$0.64$1.36$0.6472%2.12$783.36
$782.00$781.00Sep 30$0.14$0.86$0.1483%6.14$781.86
$791.00$790.00Oct 16$0.20$0.80$0.2082%4.00$790.80
$782.00$781.00Sep 25$0.30$0.70$0.3087%2.33$781.70
$785.00$784.00Sep 30$0.34$0.66$0.3487%1.94$784.66

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 673 found (best R:R 1.15, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$766.00$768.00Sep 24$1.07$1.07$0.9354%1.15$767.07
$768.00$770.00Sep 23$0.95$0.95$1.0559%0.90$768.95
$768.00$770.00Sep 24$0.95$0.95$1.0559%0.90$768.95
$777.00$780.00Sep 24$0.61$0.61$2.3980%0.26$777.61
$766.00$767.00Oct 23$0.60$0.60$0.4052%1.50$766.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$765.00$764.00Sep 11$0.38$0.38$0.6255%0.61$764.62
$763.00$762.00Sep 11$0.20$0.20$0.8072%0.25$762.80
$762.00$761.00Sep 11$0.14$0.14$0.8679%0.16$761.86
$751.00$750.00Sep 17$0.13$0.13$0.8783%0.15$750.87
$753.00$752.00Sep 16$0.13$0.13$0.8782%0.15$752.87

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $1.12, cheapest $1.11)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 11Sep 14$1.2018.7%9.1%
$765.00Sep 11Sep 14$1.2117.9%8.8%
$766.00Sep 11Sep 14$1.1717.3%9.4%
$767.00Sep 11Sep 14$1.0816.9%9.1%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 11Sep 14$1.1118.7%9.1%
$765.00Sep 11Sep 14$1.1117.9%8.8%
$766.00Sep 11Sep 14$1.0817.3%9.4%
$767.00Sep 11Sep 14$0.9816.9%9.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 912 found (cheapest 0.39% of stock, avg 3.87%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$766.00Sep 11$1.11$1.87$2.98$763.02$768.980.39%
$765.00Sep 11$1.63$1.40$3.03$761.97$768.030.40%
$767.00Sep 11$0.71$2.47$3.18$763.82$770.180.42%
$764.00Sep 11$2.26$1.02$3.28$760.72$767.280.43%
$768.00Sep 11$0.43$3.19$3.62$764.38$771.620.47%
$763.00Sep 11$2.99$0.76$3.75$759.25$766.750.49%
$769.00Sep 11$0.26$4.01$4.27$764.73$773.270.56%
$762.00Sep 11$3.79$0.56$4.35$757.65$766.350.57%
$761.00Sep 11$4.65$0.42$5.07$755.93$766.070.66%
$770.00Sep 11$0.15$4.91$5.06$764.94$775.060.66%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.07% of stock, avg 1.48%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$770.00$761.00Sep 11$0.15$0.42$0.57$760.43$770.57
$769.00$761.00Sep 11$0.26$0.42$0.68$760.32$769.68
$770.00$762.00Sep 11$0.15$0.56$0.71$761.29$770.71
$769.00$762.00Sep 11$0.26$0.56$0.82$761.18$769.82
$768.00$761.00Sep 11$0.43$0.42$0.85$760.15$768.85
$768.00$762.00Sep 11$0.43$0.56$0.99$761.01$768.99
$770.00$763.00Sep 11$0.15$0.76$0.91$762.09$770.91
$769.00$763.00Sep 11$0.26$0.76$1.02$761.98$770.02
$768.00$763.00Sep 11$0.43$0.76$1.19$761.81$769.19
$767.00$761.00Sep 11$0.71$0.42$1.13$759.87$768.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 610 found (best R:R 1.08, avg credit $0.47)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
743/744771/772Sep 23$0.52$0.4850%1.08$743.48$771.52
740/741771/772Sep 25$0.53$0.4749%1.13$740.47$771.53
743/744770/771Sep 21$0.51$0.4951%1.04$743.49$770.51
733/734773/774Oct 2$0.52$0.4850%1.08$733.48$773.52
735/736774/775Sep 30$0.48$0.5253%0.92$735.52$774.48
733/734774/775Oct 2$0.50$0.5051%1.00$733.50$774.50
743/744772/773Sep 21$0.45$0.5556%0.82$743.55$772.45
729/730775/776Oct 9$0.52$0.4849%1.08$729.48$775.52
733/734775/776Oct 2$0.48$0.5253%0.92$733.52$775.48
745/746770/771Sep 18$0.50$0.5051%1.00$745.50$770.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 266 found (best R:R 10.11, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$768.00$769.00$770.00Sep 11$0.06$0.9414%15.67
$762.00$763.00$764.00Sep 11$0.07$0.9315%13.29
$769.00$770.00$771.00Sep 14$0.05$0.9511%19.00
$766.00$767.00$768.00Sep 14$0.06$0.9412%15.67
$764.00$765.00$766.00Sep 11$0.11$0.8920%8.09
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$764.00$765.00$766.00Sep 11$0.09$0.9120%10.11
$762.00$763.00$764.00Sep 11$0.06$0.9414%15.67
$700.00$705.00$710.00Oct 23$0.05$4.952%99.00
$705.00$710.00$715.00Oct 2$0.05$4.952%99.00
$765.00$766.00$767.00Sep 14$0.06$0.9412%15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,066 found (best net $-20.39, 1,063 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$685.001:2Sep 14-$20.39$39.61
$730.00$749.001:2Sep 23-$0.59$18.41
$725.00$740.001:2Sep 21-$11.89$3.11
$745.00$755.001:2Sep 22-$5.28$4.72
$767.00$768.001:2Sep 11-$0.15$0.85
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$800.00$785.001:2Sep 14-$5.15$9.85
$670.00$630.001:2Sep 21-$0.01$39.99
$695.00$675.001:2Sep 21-$0.06$19.94
$695.00$680.001:2Sep 23-$0.12$14.88
$660.00$620.001:2Sep 16-$0.01$39.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 354 found (best yield 1.86%, avg 0.40%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$766.00Oct 23$14.200.480.1%1.86%1.95%--35
$767.00Oct 23$13.600.470.2%1.78%2.00%137
$768.00Oct 23$13.010.470.4%1.70%2.06%31.6K
$769.00Oct 23$12.430.460.5%1.62%2.11%144
$770.00Oct 23$11.870.440.6%1.55%2.17%91.6K
$771.00Oct 23$11.320.430.8%1.48%2.23%374
$772.00Oct 23$10.790.420.9%1.41%2.29%543
$773.00Oct 23$10.270.411.0%1.34%2.35%--25
$774.00Oct 23$9.760.401.1%1.28%2.42%5147
$775.00Oct 23$9.270.391.3%1.21%2.48%--328

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 312,437
Total Puts 295,555
Put/Call Ratio 0.95
Net Difference 16,882

Prior's Put/Call Breakdown

Total Calls 259,575
Total Puts 292,425
Put/Call Ratio 1.13
Net Difference -32,850

Prior 7-Day Put/Call Summary

Total Calls 32,633,795
Total Puts 39,518,675
Average Put/Call Ratio 1.22
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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