Tour v531
SPY
State Street SPDR S&P 500 ETF Trust
$778.33 +0.45%
◀ 10/6 09:40 ▶

Option Volume

Detail
ℹ
Current (10/06 9:40am) 677,459
Calls: 353,335 (52%)
Puts: 324,124 (48%)
Prior (10/05) 431,639
Calls: 230,981 (54%)
Puts: 200,658 (46%)
Current vs Prior +56.95%
Calls: +52.97% (Calls)
Puts: +61.53% (Puts)
Prior 7-Day Total 88,703,859
Calls: 43,373,220 (49%)
Puts: 45,330,639 (51%)
Prior 7-Day Average 12,671,979
Calls: 6,196,174 (49%)
Puts: 6,475,805 (51%)
Current vs Prior 7-Day Avg -94.65%
Calls: -94.30%
Puts: -94.99%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (10/06 9:40am) $89.89M
Calls: $47.93M (53%)
Puts: $41.95M (47%)
Prior (10/05) $49.00M
Calls: $27.17M (55%)
Puts: $21.83M (45%)
Current vs Prior +83.45%
Calls: +76.43%
Puts: +92.19%
Prior 7-Day Total $11.24B
Calls: $6.51B (58%)
Puts: $4.74B (42%)
Prior 7-Day Average $1.61B
Calls: $929.90M (58%)
Puts: $676.51M (42%)
Current vs Prior 7-Day Avg -94.40%
Calls: -94.85%
Puts: -93.80%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (10/06 9:40am) 0.92
Prior (10/05) 0.87
Current vs Prior +5.60%
Prior 7-Day Average 1.04
Current vs Prior 7-Day Avg -12.06%
Sentiment NEUTRAL

Open Interest

Detail
ℹ
Current (10/06 9:40am) 9,344,064
Calls: 2,437,081 (26%)
Puts: 6,906,983 (74%)
Prior (10/05) 6,738,894
Calls: 2,258,337 (34%)
Puts: 4,480,557 (66%)
Current vs Prior +38.66%
Prior 7-Day Total 53,680,065
Calls: 16,093,595 (30%)
Puts: 37,586,470 (70%)
Prior 7-Day Average 7,668,580
Calls: 2,299,085 (30%)
Puts: 5,369,495 (70%)
Current vs Prior 7-Day Avg +21.85%
Sentiment BULLISH

Expected Move

Detail
ℹ
Expiry (10/06) | Next (10/07)Expiry (10/07) | Next (10/09)Expiry (10/09) | Next (10/16)Expiry (10/15) | Next (11/20)
Current 0.38% | 0.59%0.59% | 0.90%0.90% | 1.57%1.45% | 3.88%
Prior 0.48% | 0.68%0.14% | 0.68%0.98% | 1.65%1.52% | 3.95%
Current vs Prior -20.79% | -12.58%+309.90% | +32.16%-9.06% | -4.82%-5.08% | -1.69%
Prior 7-Day Avg 0.57% | 0.83%0.32% | 0.84%0.77% | 1.59%2.14% | 4.29%
Current vs 7-Day Avg -32.82% | -28.26%+82.36% | +6.70%+16.03% | -1.35%-32.40% | -9.54%
Prior 7-Day Eod 0.48% | 0.68%0.14% | 0.68%0.98% | 1.65%1.52% | 3.95%
Current vs 7-Day Eod -20.79% | -12.58%+309.90% | +32.16%-9.06% | -4.82%-5.08% | -1.69%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 0.68% | 0.66%
Calls: 0.73% | 0.89%
Puts: 0.63% | 0.42%
Prior 0.53% | 0.72%
Calls: 0.48% | 1.02%
Puts: 0.58% | 0.43%
Current vs Prior +28.30% | -8.33%
Prior 7-Day Avg 0.96% | 0.83%
Calls: 1.10% | 0.95%
Puts: 0.82% | 0.72%
Current vs 7-Day Avg -29.06% | -20.75%
Liquidity Excellent
+
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🤖 AI Insights

Elevated premium activity with dollar volume up 83% vs prior. Above-average activity with volume up 57% vs prior. Put-heavy open interest (6,906,983 puts vs 2,437,081 calls) suggests hedging or bearish positioning. Rising open interest (up 39%) indicates new positions being established.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
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
09:35BEARISHNEUTRALMIXED

📈 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 2,166 of results (avg 2.5%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Oct 66.376.38$6.380.2%4850.956.1K
$773.00Oct 65.415.42$5.420.2%6830.936.2K
$700.00Nov 2083.8283.99$83.910.2%--0.935.6K
$779.00Oct 144.874.88$4.880.2%230.48110
$781.00Oct 309.429.44$9.430.2%600.471.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$783.00Oct 64.794.80$4.800.2%2570.936
$787.00Nov 2016.8116.85$16.830.2%480.58263
$764.00Nov 208.408.42$8.410.2%580.341.7K
$786.00Nov 2016.3016.34$16.320.2%10.5634
$785.00Nov 2015.8115.85$15.830.3%70.56963

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 723 found (avg $0.35, cheapest $0.10)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$783.00Oct 60.090.10$0.1010.0%15.0K0.075.1K
$784.00Oct 60.050.06$0.0616.7%6.4K0.043.0K
$782.00Oct 60.160.17$0.175.9%14.0K0.115.1K
$781.00Oct 60.300.31$0.313.2%37.0K0.186.4K
$780.00Oct 60.520.53$0.531.9%31.9K0.2811.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$774.00Oct 60.180.19$0.195.3%14.4K0.116.3K
$772.00Oct 60.080.09$0.0911.1%7.7K0.0512.5K
$773.00Oct 60.120.13$0.137.7%7.6K0.0710.6K
$775.00Oct 60.280.29$0.293.4%13.7K0.167.4K
$771.00Oct 60.060.07$0.0714.3%6.1K0.047.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 930 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$630.00Oct 6148.17148.50$148.330.2%--1.0011
$635.00Oct 6143.12143.50$143.310.3%--1.0014
$640.00Oct 6138.17138.82$138.500.5%--1.0015
$645.00Oct 6133.12133.50$133.310.3%--1.0018
$650.00Oct 6128.17128.52$128.350.3%--1.0027
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$797.00Oct 917.8719.65$18.769.5%21.00--
$798.00Oct 918.9020.50$19.708.1%21.00--
$805.00Oct 925.9027.85$26.887.3%11.00--
$826.00Oct 946.8648.53$47.703.5%11.00--
$810.00Oct 1630.3332.96$31.658.3%--1.0016

Most actively traded options today. High liquidity = easy entry/exit. 1,596 active (total vol 676.4K, top 60.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$790.00Oct 141.071.09$1.081.9%60.8K0.17801
$779.00Oct 60.870.88$0.881.1%44.4K0.415.0K
$781.00Oct 60.300.31$0.313.2%37.0K0.186.4K
$780.00Oct 60.520.53$0.531.9%31.9K0.2811.9K
$778.00Oct 61.361.37$1.370.7%24.4K0.546.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$778.00Oct 61.071.08$1.080.9%27.3K0.46875
$777.00Oct 60.690.70$0.701.4%22.2K0.342.0K
$745.00Oct 160.460.47$0.472.1%20.1K0.0560.2K
$740.00Nov 204.404.43$4.420.7%15.1K0.1836.9K
$774.00Oct 60.180.19$0.195.3%14.4K0.116.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 22.3%, max 28.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$775.00Oct 6Nov 2015.6%12.2%28.5%5.2K24.4K
$776.00Oct 6Nov 2015.0%12.1%24.2%5.1K12.4K
$781.00Oct 6Nov 2014.2%11.6%22.9%37.1K6.9K
$777.00Oct 6Nov 2014.5%12.0%20.9%10.2K17.9K
$780.00Oct 6Nov 2014.0%11.7%20.4%32.0K24.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$775.00Oct 6Nov 2015.6%12.2%28.5%14.0K14.0K
$776.00Oct 6Nov 2015.0%12.1%24.2%10.4K4.0K
$781.00Oct 6Nov 2014.2%11.6%23.0%950479
$777.00Oct 6Nov 2014.5%12.0%20.9%22.2K2.1K
$780.00Oct 6Nov 2014.0%11.7%20.4%3.5K5.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 731 found (best R:R 1.17, avg 4.46)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$727.00$728.00Oct 16$0.46$0.54$0.4698%1.17$727.46
$758.00$759.00Nov 20$0.21$0.79$0.2171%3.76$758.21
$749.00$750.00Nov 20$0.28$0.72$0.2877%2.57$749.28
$742.00$743.00Nov 20$0.40$0.60$0.4081%1.50$742.40
$693.00$694.00Oct 30$0.55$0.45$0.5594%0.82$693.55
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$796.00$786.00Nov 13$5.99$4.01$5.9969%0.67$790.01
$799.00$798.00Oct 12$0.57$0.43$0.5798%0.75$798.43
$784.00$780.00Nov 6$1.86$2.14$1.8656%1.15$782.14
$780.00$775.00Oct 20$2.04$2.96$2.0454%1.45$777.96
$790.00$785.00Nov 6$2.80$2.20$2.8064%0.79$787.20

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 572 found (best R:R 0.19, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$790.00$800.00Oct 20$1.63$1.63$8.3776%0.19$791.63
$780.00$785.00Oct 20$2.31$2.31$2.6954%0.86$782.31
$785.00$790.00Oct 20$1.64$1.64$3.3665%0.49$786.64
$800.00$805.00Nov 20$1.50$1.50$3.5071%0.43$801.50
$786.00$790.00Oct 19$1.21$1.21$2.7968%0.43$787.21
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$778.00$777.00Oct 6$0.38$0.38$0.6254%0.61$777.62
$777.00$776.00Oct 6$0.25$0.25$0.7566%0.33$776.75
$776.00$775.00Oct 6$0.16$0.16$0.8476%0.19$775.84
$777.00$776.00Oct 7$0.34$0.34$0.6660%0.52$776.66
$774.00$773.00Oct 7$0.16$0.16$0.8478%0.19$773.84

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.82, cheapest $0.79)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$777.00Oct 6Oct 7$0.8414.5%11.1%
$778.00Oct 6Oct 7$0.8714.1%10.9%
$779.00Oct 6Oct 7$0.8414.1%11.3%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$777.00Oct 6Oct 7$0.7914.5%11.1%
$778.00Oct 6Oct 7$0.8014.1%10.9%
$779.00Oct 6Oct 7$0.7814.1%11.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 814 found (cheapest 0.31% of stock, avg 3.78%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$778.00Oct 6$1.37$1.08$2.45$775.55$780.450.31%
$779.00Oct 6$0.88$1.59$2.47$776.53$781.470.32%
$777.00Oct 6$2.00$0.70$2.70$774.30$779.700.35%
$780.00Oct 6$0.53$2.24$2.77$777.23$782.770.36%
$776.00Oct 6$2.74$0.45$3.19$772.81$779.190.41%
$781.00Oct 6$0.31$3.01$3.32$777.68$784.320.43%
$775.00Oct 6$3.58$0.29$3.87$771.13$778.870.50%
$782.00Oct 6$0.17$3.88$4.05$777.95$786.050.52%
$778.00Oct 7$2.24$1.88$4.12$773.88$782.120.53%
$779.00Oct 7$1.72$2.37$4.09$774.91$783.090.53%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 395 found (cheapest 0.04% of stock, avg 1.35%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$783.00$774.00Oct 6$0.10$0.19$0.29$773.71$783.29
$782.00$774.00Oct 6$0.17$0.19$0.36$773.64$782.36
$783.00$775.00Oct 6$0.10$0.29$0.39$774.61$783.39
$782.00$775.00Oct 6$0.17$0.29$0.46$774.54$782.46
$781.00$774.00Oct 6$0.31$0.19$0.50$773.50$781.50
$781.00$775.00Oct 6$0.31$0.29$0.60$774.40$781.60
$783.00$776.00Oct 6$0.10$0.45$0.55$775.45$783.55
$782.00$776.00Oct 6$0.17$0.45$0.62$775.38$782.62
$781.00$776.00Oct 6$0.31$0.45$0.76$775.24$781.76
$780.00$774.00Oct 6$0.53$0.19$0.72$773.28$780.72

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 389 found (best R:R 0.96, avg credit $0.52)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
757/758787/788Oct 23$0.49$0.5149%0.96$757.51$787.49
764/765785/786Oct 15$0.48$0.5250%0.92$764.52$785.48
760/761785/786Oct 19$0.48$0.5250%0.92$760.52$785.48
758/759787/788Oct 23$0.49$0.5148%0.96$758.51$787.49
759/760787/788Oct 23$0.50$0.5048%1.00$759.50$787.50
761/762785/786Oct 19$0.49$0.5148%0.96$761.51$785.49
756/757787/788Oct 23$0.47$0.5350%0.89$756.53$787.47
757/758788/789Oct 23$0.46$0.5451%0.85$757.54$788.46
765/766784/785Oct 14$0.48$0.5249%0.92$765.52$784.48
766/767785/786Oct 15$0.50$0.5047%1.00$766.50$785.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 268 found (best R:R 8.80, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$775.00$780.00$785.00Oct 20$0.51$4.4924%8.80
$765.00$770.00$775.00Oct 19$0.48$4.5220%9.42
$776.00$777.00$778.00Oct 6$0.11$0.8923%8.09
$780.00$781.00$782.00Oct 7$0.06$0.9414%15.67
$780.00$781.00$782.00Oct 6$0.08$0.9217%11.50
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$795.00$800.00$805.00Oct 16$0.10$4.907%49.00
$750.00$755.00$760.00Oct 20$0.14$4.867%34.71
$770.00$775.00$780.00Oct 20$0.59$4.4123%7.47
$762.00$765.00$768.00Oct 19$0.11$2.899%26.27
$745.00$750.00$755.00Oct 20$0.11$4.895%44.45

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,063 found (best net $-0.71, 1,052 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$785.00$790.001:2Oct 20-$0.63$4.37
$780.00$785.001:2Oct 20-$1.60$3.40
$786.00$790.001:2Oct 19-$0.80$3.20
$779.00$780.001:2Oct 6-$0.18$0.82
$780.00$781.001:2Oct 6-$0.09$0.91
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$880.00$830.001:2Oct 16-$0.71$49.29
$826.00$805.001:2Oct 9-$6.06$14.94
$800.00$790.001:2Oct 6-$1.77$8.23
$830.00$810.001:2Oct 16-$11.99$8.01
$795.00$787.001:2Oct 12-$1.75$6.25

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 329 found (best yield 2.10%, avg 0.48%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$779.00Nov 20$16.350.500.1%2.10%2.19%15559
$780.00Nov 20$15.750.490.2%2.02%2.24%12213.0K
$781.00Nov 20$15.160.480.3%1.95%2.29%3453
$782.00Nov 20$14.580.460.5%1.87%2.34%3527
$783.00Nov 20$14.010.470.6%1.80%2.40%2345
$784.00Nov 20$13.460.460.7%1.73%2.46%10855
$785.00Nov 20$12.930.450.9%1.66%2.52%1610.7K
$786.00Nov 20$12.410.431.0%1.59%2.58%1955
$787.00Nov 20$11.900.421.1%1.53%2.64%2333
$788.00Nov 20$11.400.411.2%1.46%2.71%19463

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 353,335
Total Puts 324,124
Put/Call Ratio 0.92
Net Difference 29,211

Prior's Put/Call Breakdown

Total Calls 230,981
Total Puts 200,658
Put/Call Ratio 0.87
Net Difference 30,323

Prior 7-Day Put/Call Summary

Total Calls 43,373,220
Total Puts 45,330,639
Average Put/Call Ratio 1.04
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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