Tour v531
SPY
State Street SPDR S&P 500 ETF Trust
$774.70 -0.32%
◀ 10/8 09:45 ▶

Option Volume

Detail
ℹ
Current (10/08 9:45am) 655,078
Calls: 260,033 (40%)
Puts: 395,045 (60%)
Prior (10/07) 945,482
Calls: 316,233 (33%)
Puts: 629,249 (67%)
Current vs Prior -30.71%
Calls: -17.77% (Calls)
Puts: -37.22% (Puts)
Prior 7-Day Total 87,524,019
Calls: 42,675,422 (49%)
Puts: 44,848,597 (51%)
Prior 7-Day Average 12,503,431
Calls: 6,096,488 (49%)
Puts: 6,406,942 (51%)
Current vs Prior 7-Day Avg -94.76%
Calls: -95.73%
Puts: -93.83%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (10/08 9:45am) $86.49M
Calls: $31.62M (37%)
Puts: $54.86M (63%)
Prior (10/07) $159.27M
Calls: $39.96M (25%)
Puts: $119.31M (75%)
Current vs Prior -45.70%
Calls: -20.87%
Puts: -54.01%
Prior 7-Day Total $10.43B
Calls: $6.11B (59%)
Puts: $4.32B (41%)
Prior 7-Day Average $1.49B
Calls: $872.83M (59%)
Puts: $616.77M (41%)
Current vs Prior 7-Day Avg -94.19%
Calls: -96.38%
Puts: -91.10%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (10/08 9:45am) 1.52
Prior (10/07) 1.99
Current vs Prior -23.65%
Prior 7-Day Average 1.05
Current vs Prior 7-Day Avg +44.67%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (10/08 9:45am) 9,672,827
Calls: 2,492,320 (26%)
Puts: 7,180,507 (74%)
Prior (10/07) 9,542,904
Calls: 2,470,280 (26%)
Puts: 7,072,624 (74%)
Current vs Prior +1.36%
Prior 7-Day Total 56,168,686
Calls: 16,279,890 (29%)
Puts: 39,888,796 (71%)
Prior 7-Day Average 8,024,098
Calls: 2,325,698 (29%)
Puts: 5,698,399 (71%)
Current vs Prior 7-Day Avg +20.55%
Sentiment BULLISH

Expected Move

Detail
ℹ
Expiry (10/08) | Next (10/09)Expiry (10/09) | Next (10/12)Expiry (10/09) | Next (10/16)Expiry (10/15) | Next (11/20)
Current 0.39% | 0.64%0.64% | 0.83%0.64% | 1.41%1.28% | 3.83%
Prior 0.49% | 0.68%0.14% | 0.68%0.68% | 1.42%1.29% | 3.79%
Current vs Prior -20.84% | -7.04%+353.00% | +21.87%-7.04% | -0.40%-0.98% | +1.11%
Prior 7-Day Avg 0.58% | 0.81%0.36% | 0.84%0.78% | 1.55%1.85% | 4.12%
Current vs 7-Day Avg -33.06% | -21.41%+76.56% | -0.61%-19.05% | -9.16%-30.97% | -7.01%
Prior 7-Day Eod 0.49% | 0.68%0.14% | 0.68%0.68% | 1.42%1.29% | 3.79%
Current vs 7-Day Eod -20.84% | -7.04%+353.00% | +21.87%-7.04% | -0.40%-0.98% | +1.11%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 0.67% | 0.82%
Calls: 0.61% | 0.72%
Puts: 0.72% | 0.93%
Prior 1.04% | 0.56%
Calls: 0.53% | 0.73%
Puts: 1.56% | 0.39%
Current vs Prior -35.58% | +46.43%
Prior 7-Day Avg 1.01% | 0.93%
Calls: 1.08% | 1.06%
Puts: 0.94% | 0.80%
Current vs 7-Day Avg -33.94% | -11.96%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 63% put dollar volume ($54.86M). Extreme bearish P/C ratio of 1.52 - heavy put buying. P/C ratio dropping 24% - sentiment shifting bullish. Put-heavy open interest (7,180,507 puts vs 2,492,320 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 BEARISH
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
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 2,024 of results (avg 2.7%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Oct 86.786.79$6.790.1%3110.941.5K
$769.00Oct 85.825.83$5.830.2%2630.92793
$770.00Oct 84.884.89$4.890.2%2810.902.0K
$778.00Nov 2014.4014.43$14.420.2%80.471.1K
$775.00Nov 1314.3914.42$14.410.2%290.50359
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$780.00Oct 85.385.39$5.390.2%5100.942.0K
$738.00Nov 204.554.56$4.560.2%390.191.7K
$779.00Oct 84.434.44$4.440.2%5430.912.2K
$767.00Nov 138.848.86$8.850.2%10.39117
$762.00Nov 208.698.71$8.700.2%10.35540

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 672 found (avg $0.35, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$780.00Oct 80.080.09$0.0911.1%10.4K0.068.1K
$779.00Oct 80.130.14$0.147.1%10.0K0.097.6K
$781.00Oct 80.050.06$0.0616.7%9.7K0.0411.5K
$778.00Oct 80.220.23$0.234.3%13.3K0.1415.9K
$777.00Oct 80.390.40$0.402.5%23.6K0.236.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Oct 80.080.09$0.0911.1%6.0K0.054.6K
$769.00Oct 80.120.13$0.137.7%11.8K0.073.7K
$767.00Oct 80.060.07$0.0714.3%2.4K0.043.7K
$770.00Oct 80.180.19$0.195.3%14.4K0.1011.2K
$771.00Oct 80.270.28$0.283.6%14.6K0.155.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 923 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Oct 8154.53154.87$154.700.2%--1.0022
$660.00Oct 8114.54114.88$114.710.3%--1.0019
$695.00Oct 879.5479.88$79.710.4%21.002
$700.00Oct 874.5474.88$74.710.5%--1.0012
$715.00Oct 859.5159.88$59.700.6%--1.0011
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$785.00Oct 99.9011.01$10.4610.6%1601.001.6K
$786.00Oct 910.5012.04$11.2713.7%21.00410
$787.00Oct 911.4913.03$12.2612.6%11.0036
$788.00Oct 912.4914.30$13.4013.5%11.0053
$790.00Oct 914.5116.29$15.4011.6%81.0074

Most actively traded options today. High liquidity = easy entry/exit. 1,516 active (total vol 654.5K, top 49.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$775.00Oct 81.081.09$1.090.9%33.4K0.465.2K
$776.00Oct 80.670.68$0.681.5%27.6K0.346.0K
$777.00Oct 80.390.40$0.402.5%23.6K0.236.1K
$778.00Oct 80.220.23$0.234.3%13.3K0.1415.9K
$774.00Oct 81.641.65$1.650.6%10.8K0.593.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$774.00Oct 80.930.94$0.941.1%49.9K0.416.8K
$775.00Oct 81.381.39$1.380.7%30.3K0.5411.3K
$773.00Oct 80.620.63$0.631.6%21.4K0.305.7K
$772.00Oct 80.410.42$0.422.4%20.5K0.218.5K
$736.00Nov 204.324.34$4.330.5%17.0K0.1815.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 25.3%, max 31.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$772.00Oct 8Nov 2016.1%12.3%31.6%1.2K1.6K
$773.00Oct 8Nov 2015.4%12.1%27.1%6.0K4.5K
$777.00Oct 8Nov 2014.4%11.7%23.6%23.6K7.4K
$774.00Oct 8Nov 2014.8%12.0%23.4%10.8K4.6K
$775.00Oct 8Nov 2014.7%11.9%23.2%33.5K15.4K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$772.00Oct 8Nov 2016.1%12.3%31.6%20.5K9.1K
$773.00Oct 8Nov 2015.4%12.1%27.1%21.4K7.0K
$777.00Oct 8Nov 2014.4%11.7%23.6%5.4K7.4K
$774.00Oct 8Nov 2014.8%12.0%23.4%50.0K7.6K
$775.00Oct 8Nov 2014.7%11.9%23.2%30.6K21.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 767 found (best R:R 2.64, avg 4.25)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$741.00$743.00Nov 6$0.89$1.11$0.8984%1.25$741.89
$689.00$690.00Oct 30$0.21$0.79$0.2198%3.76$689.21
$720.00$723.00Nov 20$1.90$1.10$1.9088%0.58$721.90
$737.00$739.00Nov 6$0.99$1.01$0.9986%1.02$737.99
$740.00$742.00Nov 20$0.90$1.10$0.9080%1.22$740.90
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$795.00$793.00Nov 20$0.55$1.45$0.5571%2.64$794.45
$785.00$775.00Oct 22$5.54$4.46$5.5474%0.81$779.46
$800.00$797.00Nov 20$1.59$1.41$1.5976%0.89$798.41
$787.00$786.00Oct 16$0.33$0.67$0.3384%2.03$786.67
$775.00$770.00Oct 22$1.79$3.21$1.7951%1.79$773.21

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 579 found (best R:R 1.09, avg 0.41)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$775.00$780.00Oct 22$2.61$2.61$2.3951%1.09$777.61
$780.00$785.00Oct 22$1.90$1.90$3.1062%0.61$781.90
$780.00$785.00Oct 21$1.84$1.84$3.1663%0.58$781.84
$785.00$790.00Oct 22$1.24$1.24$3.7674%0.33$786.24
$800.00$805.00Nov 20$1.28$1.28$3.7276%0.34$801.28
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$772.00$771.00Oct 8$0.14$0.14$0.8679%0.16$771.86
$769.00$768.00Oct 9$0.12$0.12$0.8883%0.14$768.88
$773.00$772.00Oct 8$0.21$0.21$0.7970%0.27$772.79
$774.00$773.00Oct 8$0.31$0.31$0.6959%0.45$773.69
$769.00$768.00Oct 13$0.21$0.21$0.7974%0.27$768.79

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.92, cheapest $0.75)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$773.00Oct 8Oct 9$1.1015.4%12.1%
$775.00Oct 8Oct 9$1.1014.7%11.5%
$774.00Oct 8Oct 9$1.1214.8%11.8%
$776.00Oct 8Oct 9$1.0114.5%11.9%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$773.00Oct 8Oct 9$0.7515.4%12.1%
$775.00Oct 8Oct 9$0.7714.7%11.5%
$774.00Oct 8Oct 9$0.7914.8%11.8%
$776.00Oct 8Oct 9$0.6814.5%11.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 828 found (cheapest 0.32% of stock, avg 3.64%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$775.00Oct 8$1.09$1.38$2.47$772.53$777.470.32%
$774.00Oct 8$1.65$0.94$2.59$771.41$776.590.33%
$776.00Oct 8$0.68$1.97$2.65$773.35$778.650.34%
$773.00Oct 8$2.33$0.63$2.96$770.04$775.960.38%
$777.00Oct 8$0.40$2.70$3.10$773.90$780.100.40%
$772.00Oct 8$3.12$0.42$3.54$768.46$775.540.46%
$778.00Oct 8$0.23$3.53$3.76$774.24$781.760.49%
$771.00Oct 8$3.98$0.28$4.26$766.74$775.260.55%
$775.00Oct 9$2.19$2.15$4.34$770.66$779.340.56%
$776.00Oct 9$1.69$2.65$4.34$771.66$780.340.56%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 395 found (cheapest 0.04% of stock, avg 1.36%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$779.00$770.00Oct 8$0.14$0.19$0.33$769.67$779.33
$778.00$770.00Oct 8$0.23$0.19$0.42$769.58$778.42
$779.00$771.00Oct 8$0.14$0.28$0.42$770.58$779.42
$778.00$771.00Oct 8$0.23$0.28$0.51$770.49$778.51
$779.00$772.00Oct 8$0.14$0.42$0.56$771.44$779.56
$778.00$772.00Oct 8$0.23$0.42$0.65$771.35$778.65
$777.00$770.00Oct 8$0.40$0.19$0.59$769.41$777.59
$777.00$771.00Oct 8$0.40$0.28$0.68$770.32$777.68
$777.00$772.00Oct 8$0.40$0.42$0.82$771.18$777.82
$779.00$773.00Oct 8$0.14$0.63$0.77$772.23$779.77

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 395 found (best R:R 0.92, avg credit $0.49)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
752/753783/784Oct 23$0.48$0.5252%0.92$752.52$783.48
756/757782/783Oct 20$0.47$0.5353%0.89$756.53$782.47
752/753784/785Oct 23$0.45$0.5555%0.82$752.55$784.45
755/756783/784Oct 23$0.50$0.5050%1.00$755.50$783.50
753/754783/784Oct 23$0.48$0.5252%0.92$753.52$783.48
756/757781/782Oct 20$0.49$0.5150%0.96$756.51$781.49
752/753782/783Oct 23$0.49$0.5150%0.96$752.51$782.49
755/756784/785Oct 23$0.47$0.5352%0.89$755.53$784.47
758/759782/783Oct 20$0.48$0.5251%0.92$758.52$782.48
753/754784/785Oct 23$0.45$0.5554%0.82$753.55$784.45

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 209 found (best R:R 18.23, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$773.00$774.00$775.00Oct 8$0.12$0.8824%7.33
$771.00$772.00$773.00Oct 8$0.07$0.9315%13.29
$776.00$777.00$778.00Oct 12$0.05$0.9510%19.00
$800.00$805.00$810.00Oct 21$0.07$4.933%70.43
$775.00$776.00$777.00Oct 8$0.13$0.8724%6.69
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$785.00$790.00$795.00Oct 19$0.26$4.7417%18.23
$760.00$765.00$770.00Oct 22$0.37$4.6317%12.51
$765.00$770.00$775.00Oct 22$0.52$4.4822%8.62
$720.00$730.00$740.00Oct 21$0.11$9.894%89.91
$750.00$755.00$760.00Oct 22$0.17$4.8310%28.41

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,003 found (best net $-3.18, 997 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$745.00$760.001:2Oct 19-$3.18$11.82
$725.00$743.001:2Oct 19-$15.27$2.73
$780.00$785.001:2Oct 21-$0.46$4.54
$785.00$790.001:2Oct 22-$0.11$4.89
$780.00$785.001:2Oct 22-$0.69$4.31
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$805.00$792.001:2Oct 15-$5.11$7.89
$785.00$775.001:2Oct 22-$0.76$9.24
$745.00$735.001:2Oct 22-$0.24$9.76
$740.00$730.001:2Oct 21-$0.19$9.81
$705.00$675.001:2Oct 19-$0.02$29.98

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 329 found (best yield 2.09%, avg 0.47%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$775.00Nov 20$16.190.510.0%2.09%2.13%9610.2K
$776.00Nov 20$15.590.490.2%2.01%2.18%11.5K
$777.00Nov 20$14.990.480.3%1.93%2.23%241.3K
$778.00Nov 20$14.400.470.4%1.86%2.28%81.1K
$779.00Nov 20$13.830.470.6%1.79%2.34%--643
$780.00Nov 20$13.260.460.7%1.71%2.40%13313.0K
$781.00Nov 20$12.700.450.8%1.64%2.45%--526
$782.00Nov 20$12.160.440.9%1.57%2.51%1697
$783.00Nov 20$11.630.421.1%1.50%2.57%--527
$784.00Nov 20$11.120.411.2%1.44%2.64%--872

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 260,033
Total Puts 395,045
Put/Call Ratio 1.52
Net Difference -135,012

Prior's Put/Call Breakdown

Total Calls 316,233
Total Puts 629,249
Put/Call Ratio 1.99
Net Difference -313,016

Prior 7-Day Put/Call Summary

Total Calls 42,675,422
Total Puts 44,848,597
Average Put/Call Ratio 1.05
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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