Tour v527
SPY
State Street SPDR S&P 500 ETF Trust
$765.38 +1.00%
9/11 09:45

Option Volume

Detail
Current (09/11 9:45am) 879,098
Calls: 432,086 (49%)
Puts: 447,012 (51%)
Prior (09/10) 807,966
Calls: 369,623 (46%)
Puts: 438,343 (54%)
Current vs Prior +8.80%
Calls: +16.90% (Calls)
Puts: +1.98% (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 -91.47%
Calls: -90.73%
Puts: -92.08%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/11 9:45am) $159.31M
Calls: $85.45M (54%)
Puts: $73.85M (46%)
Prior (09/10) $171.68M
Calls: $59.86M (35%)
Puts: $111.82M (65%)
Current vs Prior -7.21%
Calls: +42.75%
Puts: -33.96%
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 -87.84%
Calls: -87.05%
Puts: -88.64%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/11 9:45am) 1.03
Prior (09/10) 1.19
Current vs Prior -12.76%
Prior 7-Day Average 1.22
Current vs Prior 7-Day Avg -15.16%
Sentiment BEARISH

Open Interest

Detail
Current (09/11 9:45am) 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 0.45% | 0.75%0.45% | 0.75%0.45% | 1.54%0.92% | 3.33%
Prior 0.91% | 1.17%0.91% | 1.17%0.91% | 1.96%1.34% | 3.75%
Current vs Prior -50.64% | -36.08%-50.63% | -36.07%-50.63% | -21.81%-31.50% | -11.20%
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 -27.83% | -13.39%+0.56% | -21.68%-42.91% | -2.69%-45.79% | -6.98%
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 -50.64% | -36.08%-50.63% | -36.07%-50.63% | -21.81%-31.50% | -11.20%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.58% | 0.52%
Calls: 0.60% | 0.35%
Puts: 0.56% | 0.70%
Prior 0.80% | 0.89%
Calls: 0.48% | 0.96%
Puts: 1.11% | 0.82%
Current vs Prior -27.50% | -41.57%
Prior 7-Day Avg 0.92% | 0.99%
Calls: 0.80% | 0.77%
Puts: 1.03% | 1.21%
Current vs 7-Day Avg -36.76% | -47.55%
Liquidity Excellent
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.03. 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 MIXED
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
09:45BULLISHNEUTRALMIXED
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 2,408 of results (avg 2.5%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Sep 114.734.74$4.740.2%2.6K0.836.4K
$615.00Sep 11150.24150.57$150.410.2%--1.0011
$721.00Sep 1444.4244.53$44.480.2%51.0013
$719.00Sep 1446.4146.53$46.470.3%11.001
$758.00Sep 117.527.54$7.530.3%2.2K0.926.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Sep 302.822.83$2.830.4%1930.1921.7K
$770.00Oct 1613.9814.03$14.010.4%1120.577.8K
$776.00Sep 1410.6410.68$10.660.4%810.97--
$760.00Sep 162.512.52$2.510.4%2490.331.6K
$710.00Oct 162.482.49$2.490.4%2510.1112.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 760 found (avg $0.35, cheapest $0.08)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Sep 110.070.08$0.0812.5%12.9K0.056.2K
$770.00Sep 110.130.14$0.147.1%23.6K0.0931.6K
$769.00Sep 110.230.24$0.244.2%19.1K0.135.8K
$768.00Sep 110.410.42$0.422.4%29.7K0.218.4K
$767.00Sep 110.700.71$0.711.4%26.3K0.316.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$758.00Sep 110.160.17$0.175.9%6.9K0.0811.4K
$756.00Sep 110.100.11$0.119.1%7.5K0.059.7K
$759.00Sep 110.210.22$0.224.5%4.6K0.106.6K
$755.00Sep 110.080.09$0.0911.1%8.2K0.0454.3K
$761.00Sep 110.370.38$0.382.6%9.0K0.175.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,114 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$615.00Sep 11150.24150.57$150.410.2%--1.0011
$625.00Sep 11140.20140.69$140.450.3%61.0017
$635.00Sep 11130.13130.54$130.330.3%--1.0021
$640.00Sep 11125.20125.64$125.420.4%--1.0095
$645.00Sep 11120.20120.56$120.380.3%--1.0015
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$804.00Sep 1138.4238.72$38.570.8%21.00--
$805.00Sep 1139.4639.88$39.671.1%21.00--
$785.00Sep 1119.4419.74$19.591.5%31.005
$787.00Sep 1121.4421.73$21.591.3%21.00--
$788.00Sep 1122.4422.72$22.581.2%11.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,898 active (total vol 877.1K, top 41.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Sep 111.121.13$1.130.9%37.1K0.426.3K
$765.00Sep 111.661.67$1.670.6%34.0K0.5314.5K
$768.00Sep 110.410.42$0.422.4%29.7K0.218.4K
$767.00Sep 110.700.71$0.711.4%26.3K0.316.6K
$770.00Sep 110.130.14$0.147.1%23.6K0.0931.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 111.301.31$1.310.8%41.4K0.476.0K
$764.00Sep 110.950.96$0.961.0%35.4K0.373.1K
$760.00Sep 110.280.29$0.293.4%22.0K0.1349.2K
$762.00Sep 110.510.52$0.521.9%19.7K0.223.1K
$766.00Sep 111.761.77$1.770.6%18.5K0.583.1K

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 47.0%, max 72.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$761.00Sep 11Oct 2321.2%12.3%72.2%2.6K6.4K
$762.00Sep 11Oct 2320.3%12.2%66.2%4.4K7.5K
$763.00Sep 11Oct 2319.3%12.1%60.1%8.4K8.9K
$764.00Sep 11Oct 2318.5%11.9%55.1%10.9K9.6K
$765.00Sep 11Oct 2317.6%11.8%49.2%34.5K15.4K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$761.00Sep 11Oct 2321.2%12.3%72.2%9.0K5.2K
$762.00Sep 11Oct 2320.3%12.2%66.2%19.7K3.1K
$763.00Sep 11Oct 2319.3%12.1%60.1%18.4K19.3K
$764.00Sep 11Oct 2318.5%11.9%55.1%35.5K3.1K
$765.00Sep 11Oct 2317.6%11.8%49.1%41.4K6.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 870 found (best R:R 8.09, avg 4.92)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$740.00$742.00Oct 23$0.22$1.78$0.2275%8.09$740.22
$708.00$710.00Oct 16$1.00$1.00$1.0091%1.00$709.00
$715.00$716.00Oct 16$0.13$0.87$0.1389%6.69$715.13
$725.00$726.00Oct 9$0.12$0.88$0.1288%7.33$725.12
$731.00$732.00Oct 2$0.18$0.82$0.1888%4.56$731.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$789.00$787.00Oct 16$1.06$0.94$1.0680%0.89$787.94
$785.00$784.00Sep 30$0.36$0.64$0.3687%1.78$784.64
$787.00$785.00Oct 2$1.23$0.77$1.2387%0.63$785.77
$787.00$786.00Sep 14$0.52$0.48$0.5299%0.92$786.48
$792.00$790.00Oct 9$1.30$0.70$1.3088%0.54$790.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 681 found (best R:R 1.17, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$766.00$768.00Sep 24$1.08$1.08$0.9255%1.17$767.08
$768.00$770.00Sep 23$0.94$0.94$1.0660%0.89$768.94
$777.00$780.00Sep 24$0.61$0.61$2.3980%0.26$777.61
$766.00$767.00Oct 23$0.61$0.61$0.3952%1.56$766.61
$766.00$767.00Oct 16$0.60$0.60$0.4053%1.50$766.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$762.00$761.00Sep 11$0.14$0.14$0.8678%0.16$761.86
$757.00$756.00Sep 14$0.10$0.10$0.9084%0.11$756.90
$751.00$750.00Sep 16$0.10$0.10$0.9085%0.11$750.90
$758.00$757.00Sep 14$0.12$0.12$0.8882%0.14$757.88
$749.00$748.00Sep 17$0.10$0.10$0.9085%0.11$748.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $1.11, cheapest $1.09)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 11Sep 14$1.1718.5%9.0%
$765.00Sep 11Sep 14$1.2017.6%8.7%
$766.00Sep 11Sep 14$1.1717.2%9.3%
$767.00Sep 11Sep 14$1.0916.7%9.0%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$764.00Sep 11Sep 14$1.0918.5%9.0%
$765.00Sep 11Sep 14$1.1117.6%8.7%
$766.00Sep 11Sep 14$1.0817.2%9.3%
$767.00Sep 11Sep 14$1.0016.7%9.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 935 found (cheapest 0.38% of stock, avg 3.85%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$766.00Sep 11$1.13$1.77$2.90$763.10$768.900.38%
$765.00Sep 11$1.67$1.31$2.98$762.02$767.980.39%
$767.00Sep 11$0.71$2.35$3.06$763.94$770.060.40%
$764.00Sep 11$2.32$0.96$3.28$760.72$767.280.43%
$768.00Sep 11$0.42$3.06$3.48$764.52$771.480.45%
$763.00Sep 11$3.06$0.70$3.76$759.24$766.760.49%
$769.00Sep 11$0.24$3.87$4.11$764.89$773.110.54%
$762.00Sep 11$3.87$0.52$4.39$757.61$766.390.57%
$770.00Sep 11$0.14$4.77$4.91$765.09$774.910.64%
$761.00Sep 11$4.74$0.38$5.12$755.88$766.120.67%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.07% of stock, avg 1.50%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$770.00$761.00Sep 11$0.14$0.38$0.52$760.48$770.52
$769.00$761.00Sep 11$0.24$0.38$0.62$760.38$769.62
$770.00$762.00Sep 11$0.14$0.52$0.66$761.34$770.66
$768.00$761.00Sep 11$0.42$0.38$0.80$760.20$768.80
$769.00$762.00Sep 11$0.24$0.52$0.76$761.24$769.76
$768.00$762.00Sep 11$0.42$0.52$0.94$761.06$768.94
$770.00$763.00Sep 11$0.14$0.70$0.84$762.16$770.84
$769.00$763.00Sep 11$0.24$0.70$0.94$762.06$769.94
$768.00$763.00Sep 11$0.42$0.70$1.12$761.88$769.12
$767.00$761.00Sep 11$0.71$0.38$1.09$759.91$768.09

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 624 found (best R:R 1.04, avg credit $0.46)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
739/740771/772Sep 24$0.51$0.4952%1.04$739.49$771.51
748/749770/771Sep 17$0.52$0.4850%1.08$748.48$770.52
742/743770/771Sep 23$0.54$0.4648%1.17$742.46$770.54
735/736774/775Oct 2$0.52$0.4850%1.08$735.48$774.52
745/746771/772Sep 21$0.50$0.5052%1.00$745.50$771.50
742/743771/772Sep 23$0.51$0.4951%1.04$742.49$771.51
746/747771/772Sep 21$0.51$0.4951%1.04$746.49$771.51
734/735774/775Oct 2$0.51$0.4951%1.04$734.49$774.51
745/746770/771Sep 23$0.56$0.4446%1.27$745.44$770.56
743/744770/771Sep 23$0.54$0.4648%1.17$743.46$770.54

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 248 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$762.00$763.00$764.00Sep 11$0.07$0.9315%13.29
$763.00$764.00$765.00Sep 11$0.09$0.9119%10.11
$764.00$765.00$766.00Sep 11$0.11$0.8921%8.09
$766.00$767.00$768.00Sep 14$0.06$0.9412%15.67
$761.00$762.00$763.00Sep 11$0.06$0.9412%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$710.00$715.00$720.00Oct 23$0.05$4.953%99.00
$710.00$715.00$720.00Oct 9$0.06$4.943%82.33
$705.00$710.00$715.00Oct 23$0.06$4.943%82.33
$763.00$764.00$765.00Sep 11$0.09$0.9118%10.11
$753.00$755.00$757.00Sep 24$0.06$1.947%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. 1,065 found (best net $-0.59, 1,061 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$730.00$749.001:2Sep 23-$0.59$18.41
$745.00$755.001:2Sep 22-$4.58$5.42
$725.00$740.001:2Sep 21-$12.14$2.86
$767.00$768.001:2Sep 11-$0.13$0.87
$768.00$769.001:2Sep 11-$0.06$0.94
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$804.00$788.001:2Sep 11-$6.59$9.41
$805.00$785.001:2Oct 23-$8.25$11.75
$800.00$788.001:2Sep 14-$11.27$0.73
$670.00$630.001:2Sep 21-$0.01$39.99
$695.00$680.001:2Sep 23-$0.11$14.89

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 351 found (best yield 1.87%, avg 0.41%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$766.00Oct 23$14.290.480.1%1.87%1.95%135
$767.00Oct 23$13.680.470.2%1.79%2.00%337
$768.00Oct 23$13.090.460.3%1.71%2.05%71.6K
$769.00Oct 23$12.510.450.5%1.63%2.11%544
$770.00Oct 23$11.950.440.6%1.56%2.16%91.6K
$771.00Oct 23$11.400.430.7%1.49%2.22%774
$772.00Oct 23$10.860.420.9%1.42%2.28%543
$773.00Oct 23$10.340.411.0%1.35%2.35%--25
$774.00Oct 23$9.830.401.1%1.28%2.41%5147
$775.00Oct 23$9.330.381.3%1.22%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 432,086
Total Puts 447,012
Put/Call Ratio 1.03
Net Difference -14,926

Prior's Put/Call Breakdown

Total Calls 369,623
Total Puts 438,343
Put/Call Ratio 1.19
Net Difference -68,720

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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