Tour v527
SPY
State Street SPDR S&P 500 ETF Trust
$764.98 +0.94%
9/11 09:50

Option Volume

Detail
Current (09/11 9:50am) 1,095,406
Calls: 538,189 (49%)
Puts: 557,217 (51%)
Prior (09/10) 1,028,757
Calls: 484,185 (47%)
Puts: 544,572 (53%)
Current vs Prior +6.48%
Calls: +11.15% (Calls)
Puts: +2.32% (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 -89.37%
Calls: -88.46%
Puts: -90.13%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/11 9:50am) $193.51M
Calls: $97.31M (50%)
Puts: $96.21M (50%)
Prior (09/10) $216.65M
Calls: $82.86M (38%)
Puts: $133.80M (62%)
Current vs Prior -10.68%
Calls: +17.44%
Puts: -28.10%
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 -85.23%
Calls: -85.26%
Puts: -85.20%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/11 9:50am) 1.04
Prior (09/10) 1.12
Current vs Prior -7.95%
Prior 7-Day Average 1.22
Current vs Prior 7-Day Avg -15.09%
Sentiment BEARISH

Open Interest

Detail
Current (09/11 9:50am) 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 0.44% | 0.75%0.44% | 0.75%0.44% | 1.55%0.92% | 3.34%
Prior 0.91% | 1.17%0.91% | 1.17%0.91% | 1.96%1.34% | 3.75%
Current vs Prior -51.19% | -35.94%-51.19% | -35.93%-51.19% | -21.25%-31.27% | -10.96%
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 -28.64% | -13.20%-0.58% | -21.51%-43.55% | -1.99%-45.62% | -6.72%
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 -51.19% | -35.94%-51.19% | -35.93%-51.19% | -21.25%-31.27% | -10.96%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.60% | 0.68%
Calls: 0.69% | 0.37%
Puts: 0.51% | 0.98%
Prior 0.80% | 0.89%
Calls: 0.48% | 0.96%
Puts: 1.11% | 0.82%
Current vs Prior -25.00% | -23.60%
Prior 7-Day Avg 0.92% | 0.99%
Calls: 0.80% | 0.77%
Puts: 1.03% | 1.21%
Current vs 7-Day Avg -34.58% | -31.41%
Liquidity Excellent
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.04. 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
09:50BULLISHNEUTRALMIXED
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 2,486 of results (avg 2.3%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$615.00Sep 11149.85150.14$150.000.2%--1.0011
$635.00Sep 11129.87130.14$130.010.2%--1.0021
$640.00Sep 11124.87125.14$125.010.2%--1.0095
$655.00Sep 11109.89110.13$110.010.2%21.0012
$761.00Sep 114.404.41$4.410.2%3.4K0.826.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 118.028.04$8.030.2%2380.98167
$776.00Sep 1411.0111.05$11.030.4%1320.97--
$770.00Sep 115.105.12$5.110.4%1.4K0.93445
$757.00Sep 172.512.52$2.510.4%950.28269
$763.00Oct 99.9810.02$10.000.4%540.49893

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 757 found (avg $0.36, cheapest $0.07)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Sep 110.060.07$0.0714.3%16.9K0.046.2K
$770.00Sep 110.100.11$0.119.1%32.6K0.0731.6K
$769.00Sep 110.190.20$0.205.0%27.5K0.125.8K
$768.00Sep 110.340.35$0.352.9%40.4K0.198.4K
$767.00Sep 110.580.59$0.591.7%34.6K0.286.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$755.00Sep 110.080.09$0.0911.1%13.4K0.0454.3K
$756.00Sep 110.100.11$0.119.1%10.4K0.059.7K
$760.00Sep 110.290.30$0.303.3%25.9K0.1349.2K
$759.00Sep 110.220.23$0.234.3%5.4K0.106.6K
$758.00Sep 110.170.18$0.185.6%7.9K0.0811.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,137 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$615.00Sep 11149.85150.14$150.000.2%--1.0011
$625.00Sep 11139.82140.14$139.980.2%61.0017
$635.00Sep 11129.87130.14$130.010.2%--1.0021
$640.00Sep 11124.87125.14$125.010.2%--1.0095
$645.00Sep 11119.87120.18$120.030.3%--1.0015
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$804.00Sep 1138.8739.13$39.000.7%21.00--
$805.00Sep 1139.8640.12$39.990.7%21.00--
$785.00Sep 1119.8920.05$19.970.8%41.005
$787.00Sep 1121.8922.05$21.970.7%21.00--
$788.00Sep 1122.8823.14$23.011.1%11.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,013 active (total vol 1.1M, top 56.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Sep 110.950.96$0.961.0%51.6K0.396.3K
$765.00Sep 111.441.45$1.440.7%42.0K0.5014.5K
$768.00Sep 110.340.35$0.352.9%40.4K0.198.4K
$767.00Sep 110.580.59$0.591.7%34.6K0.286.6K
$770.00Sep 110.100.11$0.119.1%32.6K0.0731.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Sep 111.451.46$1.460.7%56.9K0.506.0K
$764.00Sep 111.061.07$1.070.9%45.7K0.403.1K
$763.00Sep 110.770.78$0.781.3%26.1K0.3019.3K
$760.00Sep 110.290.30$0.303.3%25.9K0.1349.2K
$766.00Sep 111.951.96$1.960.5%25.6K0.613.1K

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 44.9%, max 67.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$761.00Sep 11Oct 2320.7%12.4%67.8%3.4K6.4K
$762.00Sep 11Oct 2319.8%12.2%62.1%5.3K7.5K
$763.00Sep 11Oct 2318.9%12.1%56.8%10.0K8.9K
$764.00Sep 11Oct 2318.3%12.0%52.9%12.8K9.6K
$765.00Sep 11Oct 2317.4%11.8%47.5%42.5K15.4K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$761.00Sep 11Oct 2320.7%12.4%67.8%17.3K5.2K
$762.00Sep 11Oct 2320.0%12.2%63.4%23.7K3.1K
$763.00Sep 11Oct 2318.9%12.1%56.8%26.1K19.3K
$764.00Sep 11Oct 2318.3%12.0%52.9%45.7K3.1K
$765.00Sep 11Oct 2317.4%11.8%47.5%56.9K6.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 888 found (best R:R 1.75, avg 4.87)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$685.00$687.00Sep 18$1.32$0.68$1.32100%0.52$686.32
$733.00$734.00Oct 16$0.18$0.82$0.1881%4.56$733.18
$725.00$726.00Sep 30$0.31$0.69$0.3193%2.23$725.31
$708.00$710.00Oct 16$1.22$0.78$1.2291%0.64$709.22
$741.00$742.00Oct 2$0.24$0.76$0.2481%3.17$741.24
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$782.00$779.00Oct 23$1.09$1.91$1.0970%1.75$780.91
$782.00$781.00Oct 2$0.20$0.80$0.2081%4.00$781.80
$792.00$790.00Oct 9$1.20$0.80$1.2088%0.67$790.80
$779.00$778.00Sep 18$0.37$0.63$0.3790%1.70$778.63
$799.00$798.00Sep 14$0.63$0.37$0.63100%0.59$798.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 684 found (best R:R 1.13, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$766.00$768.00Sep 24$1.06$1.06$0.9455%1.13$767.06
$768.00$770.00Sep 23$0.93$0.93$1.0760%0.87$768.93
$777.00$780.00Sep 24$0.60$0.60$2.4081%0.25$777.60
$766.00$767.00Oct 23$0.61$0.61$0.3953%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
$761.00$760.00Sep 11$0.11$0.11$0.8982%0.12$760.89
$763.00$762.00Sep 11$0.22$0.22$0.7870%0.28$762.78
$762.00$761.00Sep 11$0.15$0.15$0.8577%0.18$761.85
$748.00$747.00Sep 17$0.10$0.10$0.9085%0.11$747.90
$754.00$753.00Sep 16$0.15$0.15$0.8580%0.18$753.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $1.16, cheapest $1.19)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$763.00Sep 11Sep 14$1.1918.9%9.3%
$764.00Sep 11Sep 14$1.2318.3%9.0%
$765.00Sep 11Sep 14$1.2417.4%8.7%
$766.00Sep 11Sep 14$1.1717.2%9.3%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$763.00Sep 11Sep 14$1.0918.9%9.3%
$764.00Sep 11Sep 14$1.1418.3%9.0%
$765.00Sep 11Sep 14$1.1317.4%8.7%
$766.00Sep 11Sep 14$1.0917.2%9.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 956 found (cheapest 0.38% of stock, avg 3.86%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$765.00Sep 11$1.44$1.46$2.90$762.10$767.900.38%
$766.00Sep 11$0.96$1.96$2.92$763.08$768.920.38%
$764.00Sep 11$2.06$1.07$3.13$760.87$767.130.41%
$767.00Sep 11$0.59$2.59$3.18$763.82$770.180.42%
$763.00Sep 11$2.77$0.78$3.55$759.45$766.550.46%
$768.00Sep 11$0.35$3.34$3.69$764.31$771.690.48%
$762.00Sep 11$3.56$0.56$4.12$757.88$766.120.54%
$769.00Sep 11$0.20$4.19$4.39$764.61$773.390.57%
$761.00Sep 11$4.41$0.41$4.82$756.18$765.820.63%
$770.00Sep 11$0.11$5.11$5.22$764.78$775.220.68%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.05% of stock, avg 1.53%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$770.00$760.00Sep 11$0.11$0.30$0.41$759.59$770.41
$769.00$760.00Sep 11$0.20$0.30$0.50$759.50$769.50
$770.00$761.00Sep 11$0.11$0.41$0.52$760.48$770.52
$768.00$760.00Sep 11$0.35$0.30$0.65$759.35$768.65
$769.00$761.00Sep 11$0.20$0.41$0.61$760.39$769.61
$768.00$761.00Sep 11$0.35$0.41$0.76$760.24$768.76
$770.00$762.00Sep 11$0.11$0.56$0.67$761.33$770.67
$769.00$762.00Sep 11$0.20$0.56$0.76$761.24$769.76
$768.00$762.00Sep 11$0.35$0.56$0.91$761.09$768.91
$767.00$760.00Sep 11$0.59$0.30$0.89$759.11$767.89

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 520 found (best R:R 1.04, avg credit $0.46)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
733/734774/775Oct 2$0.51$0.4951%1.04$733.49$774.51
735/736774/775Oct 2$0.52$0.4850%1.08$735.48$774.52
742/743770/771Sep 21$0.50$0.5052%1.00$742.50$770.50
742/743771/772Sep 21$0.47$0.5355%0.89$742.53$771.47
745/746770/771Sep 18$0.50$0.5052%1.00$745.50$770.50
746/747770/771Sep 18$0.51$0.4950%1.04$746.49$770.51
743/744770/771Sep 23$0.54$0.4648%1.17$743.46$770.54
736/737774/775Oct 2$0.52$0.4849%1.08$736.48$774.52
747/748770/771Sep 18$0.52$0.4849%1.08$747.48$770.52
743/744770/771Sep 22$0.52$0.4849%1.08$743.48$770.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 231 found (best R:R 61.50, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$735.00$740.00$745.00Sep 22$0.08$4.929%61.50
$745.00$750.00$755.00Sep 22$0.29$4.7115%16.24
$740.00$745.00$750.00Sep 22$0.23$4.7711%20.74
$763.00$764.00$765.00Sep 11$0.09$0.9120%10.11
$765.00$766.00$767.00Sep 11$0.11$0.8922%8.09
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$800.00$805.00$810.00Oct 16$0.10$4.905%49.00
$710.00$715.00$720.00Oct 9$0.06$4.943%82.33
$762.00$763.00$764.00Sep 11$0.07$0.9316%13.29
$705.00$710.00$715.00Oct 23$0.06$4.943%82.33
$764.00$765.00$766.00Sep 11$0.11$0.8922%8.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,060 found (best net $-0.58, 1,056 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$730.00$749.001:2Sep 23-$0.58$18.42
$725.00$740.001:2Sep 21-$11.62$3.38
$767.00$768.001:2Sep 11-$0.11$0.89
$766.00$767.001:2Sep 11-$0.22$0.78
$768.00$769.001:2Sep 11-$0.05$0.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$804.00$788.001:2Sep 11-$7.02$8.98
$805.00$785.001:2Oct 23-$7.19$12.81
$787.00$776.001:2Sep 17-$1.19$9.81
$670.00$630.001:2Sep 21$0.00$40.00
$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. 366 found (best yield 1.93%, avg 0.42%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$765.00Oct 23$14.740.490.0%1.93%1.93%491933
$766.00Oct 23$14.130.470.1%1.85%1.98%135
$767.00Oct 23$13.520.470.3%1.77%2.03%337
$768.00Oct 23$12.930.460.4%1.69%2.09%101.6K
$769.00Oct 23$12.360.450.5%1.62%2.14%644
$770.00Oct 23$11.800.440.7%1.54%2.20%191.6K
$771.00Oct 23$11.250.430.8%1.47%2.26%774
$772.00Oct 23$10.720.420.9%1.40%2.32%843
$773.00Oct 23$10.200.411.1%1.33%2.38%--25
$774.00Oct 23$9.700.391.2%1.27%2.45%5147

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 538,189
Total Puts 557,217
Put/Call Ratio 1.04
Net Difference -19,028

Prior's Put/Call Breakdown

Total Calls 484,185
Total Puts 544,572
Put/Call Ratio 1.12
Net Difference -60,387

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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