XLI - Options Database

XLI

State Street IndstrlSelSectSPDRETF

$179.40 -0.58%

(7/14 18:12) ◀

Wednesday, July 15, 2026 (3:05pm)

▶ (7/15 18:14)

◀ 7/15 15:07 ▶

Option Volume

Detail

ℹ

Current (07/15 3:05pm) 6,824

Calls: 1,708 (25%)

Puts: 5,116 (75%)

Prior (07/14) 5,661

Calls: 1,138 (20%)

Puts: 4,523 (80%)

Current vs Prior +20.54%

Calls: +50.09% (Calls)

Puts: +13.11% (Puts)

Prior 7-Day Total 270,636

Calls: 30,755 (11%)

Puts: 239,881 (89%)

Prior 7-Day Average 38,662

Calls: 4,393 (11%)

Puts: 34,268 (89%)

Current vs Prior 7-Day Avg -82.35%

Calls: -61.13%

Puts: -85.07%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/15 3:05pm) $2.21M

Calls: $754.1K (34%)

Puts: $1.46M (66%)

Prior (07/14) $2.26M

Calls: $732.5K (32%)

Puts: $1.52M (68%)

Current vs Prior -1.89%

Calls: +2.96%

Puts: -4.22%

Prior 7-Day Total $40.05M

Calls: $12.04M (30%)

Puts: $28.01M (70%)

Prior 7-Day Average $5.72M

Calls: $1.72M (30%)

Puts: $4.00M (70%)

Current vs Prior 7-Day Avg -61.33%

Calls: -56.17%

Puts: -63.55%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/15 3:05pm) 3.00

Prior (07/14) 3.97

Current vs Prior -24.64%

Prior 7-Day Average 2.56

Current vs Prior 7-Day Avg +16.93%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/15 3:05pm) 511,781

Calls: 111,912 (22%)

Puts: 399,869 (78%)

Prior (07/14) 510,241

Calls: 111,165 (22%)

Puts: 399,076 (78%)

Current vs Prior +0.30%

Prior 7-Day Total 3,382,704

Calls: 773,641 (23%)

Puts: 2,609,063 (77%)

Prior 7-Day Average 483,243

Calls: 110,520 (23%)

Puts: 372,723 (77%)

Current vs Prior 7-Day Avg +5.91%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)

Current 1.86% | 2.75%1.86% | 5.44%

Prior 2.32% | 3.22%2.32% | 5.76%

Current vs Prior -20.04% | -14.37%-20.04% | -5.63%

Prior 7-Day Avg 1.63% | 2.93%2.74% | 6.20%

Current vs 7-Day Avg +13.80% | -5.95%-32.14% | -12.28%

Prior 7-Day Eod 2.32% | 3.22%1.90% | 5.33%

Current vs 7-Day Eod -20.04% | -14.37%-2.06% | +2.16%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 25.32% | 16.97%

Calls: 32.58% | 13.85%

Puts: 18.06% | 20.09%

Prior 12.04% | 15.98%

Calls: 9.74% | 11.62%

Puts: 14.35% | 20.34%

Current vs Prior +110.30% | +6.20%

Prior 7-Day Avg 49.66% | 13.43%

Calls: 33.04% | 12.29%

Puts: 66.27% | 14.57%

Current vs 7-Day Avg -49.01% | +26.39%

Liquidity Expensive

Add Card

🤖 AI Insights

Moderately bearish flow with 66% put dollar volume ($1.46M). Extreme bearish P/C ratio of 3.00 - heavy put buying. P/C ratio dropping 25% - sentiment shifting bullish. Put-heavy open interest (399,869 puts vs 111,912 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 BEARISH

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 BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
15:10	BEARISH	BEARISH	BEARISH
15:05	BEARISH	BEARISH	BEARISH

📈 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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 21 of results (avg 7.9%, best 4.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$181.00	Aug 21	4.20	4.40	$4.30	4.7%	23	0.46	214
$145.00	Aug 21	34.35	36.05	$35.20	4.8%	6	0.98	8
$150.00	Aug 7	28.95	30.80	$29.88	6.2%	1	0.96	1
$180.00	Aug 21	4.60	4.90	$4.75	6.3%	68	0.49	149
$184.00	Aug 21	2.90	3.10	$3.00	6.7%	--	0.37	78

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$179.00	Aug 21	3.95	4.25	$4.10	7.3%	--	0.47	66
$180.00	Aug 21	4.40	4.75	$4.58	7.6%	12	0.51	2.5K
$200.00	Aug 21	19.85	21.45	$20.65	7.7%	--	0.91	23
$196.00	Aug 21	16.10	17.40	$16.75	7.8%	1	0.89	--
$184.00	Jul 31	5.35	5.80	$5.57	8.1%	3	0.71	30

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 78 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Jul 17	13.15	15.20	$14.18	14.5%	--	0.98	22
$145.00	Aug 21	34.35	36.05	$35.20	4.8%	6	0.98	8
$154.00	Jul 17	23.85	26.45	$25.15	10.3%	--	0.98	23
$150.00	Jul 31	28.10	30.80	$29.45	9.2%	--	0.96	30
$150.00	Jul 24	27.95	30.60	$29.28	9.1%	--	0.96	30

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$185.00	Jul 17	5.25	6.40	$5.83	19.7%	--	1.00	41
$186.00	Jul 17	5.95	8.15	$7.05	31.2%	--	1.00	12
$188.00	Jul 17	7.90	10.15	$9.03	24.9%	--	1.00	30
$189.00	Jul 17	8.75	11.15	$9.95	24.1%	--	1.00	15
$190.00	Jul 17	9.95	12.10	$11.02	19.5%	3	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 137 active (total vol 4.5K, top 528)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Jul 17	1.00	1.49	$1.25	39.2%	224	0.47	3.5K
$176.00	Jul 24	4.20	4.65	$4.43	10.2%	213	0.73	1
$185.00	Jul 17	0.01	0.08	$0.05	140.0%	188	0.04	3.3K
$188.00	Aug 21	1.62	2.02	$1.82	22.0%	71	0.26	486
$180.00	Aug 21	4.60	4.90	$4.75	6.3%	68	0.49	149

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$176.00	Aug 7	1.79	2.38	$2.09	28.2%	528	0.34	7
$173.00	Jul 24	0.41	0.56	$0.49	30.6%	500	0.14	225
$175.00	Aug 21	2.42	2.94	$2.68	19.4%	382	0.34	575
$179.00	Jul 17	0.99	1.21	$1.10	20.0%	331	0.43	4.5K
$182.50	Jul 17	2.74	3.45	$3.10	22.9%	250	0.83	318

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 66 strikes (avg 69.4%, max 332.5%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$199.00	Jul 17	Aug 21	91.0%	22.2%	310.6%	--	68
$197.00	Jul 17	Aug 21	47.7%	21.5%	121.8%	29	1.6K
$170.00	Jul 17	Aug 21	48.0%	22.0%	118.2%	4	424
$195.00	Jul 17	Aug 28	42.6%	21.6%	97.5%	1	44
$194.00	Jul 17	Aug 21	40.4%	22.2%	81.8%	--	469

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$150.00	Jul 17	Aug 21	136.9%	31.6%	332.5%	--	505
$145.00	Jul 17	Aug 21	113.2%	32.7%	246.6%	--	24.1K
$168.00	Jul 17	Aug 21	64.2%	23.0%	179.0%	2	267
$167.00	Jul 17	Aug 21	58.5%	23.6%	147.5%	8	700
$170.00	Jul 17	Aug 28	48.0%	20.1%	139.3%	24	1.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 119 found (best R:R 40.67, avg 4.95)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$200.00	$205.00	Aug 21	$0.18	$4.82	$0.18	26.78	$200.18
$190.00	$200.00	Aug 7	$0.44	$9.56	$0.44	21.73	$190.44
$183.00	$184.00	Jul 17	$0.10	$0.90	$0.10	9.00	$183.10
$183.00	$184.00	Aug 21	$0.10	$0.90	$0.10	9.00	$183.10
$192.00	$193.00	Aug 21	$0.10	$0.90	$0.10	9.00	$192.10

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$150.00	$145.00	Aug 21	$0.12	$4.88	$0.12	40.67	$149.88
$160.00	$150.00	Aug 21	$0.27	$9.73	$0.27	36.04	$159.73
$165.00	$155.00	Aug 7	$0.32	$9.68	$0.32	30.25	$164.68
$150.00	$145.00	Jul 17	$0.24	$4.76	$0.24	19.83	$149.76
$170.00	$168.00	Jul 31	$0.13	$1.87	$0.13	14.38	$169.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 151 found (best R:R 39.00, avg 2.20)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$150.00	$168.00	Jul 31	$17.15	$17.15	$0.85	20.18	$167.15
$150.00	$170.00	Aug 7	$19.05	$19.05	$0.95	20.05	$169.05
$165.00	$172.00	Jul 24	$6.65	$6.65	$0.35	19.00	$171.65
$145.00	$170.00	Aug 21	$23.25	$23.25	$1.75	13.29	$168.25
$165.00	$170.00	Jul 17	$4.45	$4.45	$0.55	8.09	$169.45

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$200.00	$196.00	Aug 21	$3.90	$3.90	$0.10	39.00	$196.10
$189.00	$183.00	Jul 24	$5.73	$5.73	$0.27	21.22	$183.27
$189.00	$184.00	Jul 31	$4.73	$4.73	$0.27	17.52	$184.27
$192.00	$190.00	Jul 17	$1.86	$1.86	$0.14	13.29	$190.14
$192.00	$190.00	Jul 31	$1.83	$1.83	$0.17	10.76	$190.17

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 61 found (avg debit $0.60, cheapest $0.07)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$165.00	Jul 17	Jul 24	$0.12	55.7%	36.7%
$200.00	Aug 7	Aug 21	$0.14	27.4%	23.5%
$190.00	Jul 17	Jul 24	$0.15	28.3%	22.6%
$192.00	Jul 17	Jul 31	$0.16	35.6%	19.5%
$150.00	Jul 24	Jul 31	$0.17	69.5%	52.3%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$170.00	Jul 17	Jul 24	$0.07	48.0%	24.6%
$145.00	Jul 17	Aug 21	$0.10	113.2%	32.7%
$167.50	Jul 31	Aug 7	$0.12	27.5%	24.2%
$155.00	Jul 17	Aug 7	$0.23	73.4%	33.7%
$182.00	Jul 17	Jul 24	$0.23	23.4%	19.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 67 found (cheapest 1.56% of stock, avg 5.05%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$180.00	Jul 17	$1.25	$1.55	$2.80	$177.20	$182.80	1.56%
$179.00	Jul 17	$1.78	$1.10	$2.88	$176.12	$181.88	1.61%
$181.00	Jul 17	$0.73	$2.15	$2.88	$178.12	$183.88	1.61%
$178.00	Jul 17	$2.46	$0.69	$3.15	$174.85	$181.15	1.76%
$182.50	Jul 17	$0.36	$3.10	$3.46	$179.04	$185.96	1.93%
$177.00	Jul 17	$3.01	$0.51	$3.52	$173.48	$180.52	1.96%
$182.00	Jul 17	$0.42	$3.30	$3.72	$178.28	$185.72	2.07%
$183.00	Jul 17	$0.22	$3.93	$4.15	$178.85	$187.15	2.31%
$176.00	Jul 17	$3.83	$0.48	$4.31	$171.69	$180.31	2.40%
$180.00	Jul 24	$2.11	$2.34	$4.45	$175.55	$184.45	2.48%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 136 found (cheapest 0.39% of stock, avg 2.10%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$183.00	$176.00	Jul 17	$0.22	$0.48	$0.70	$175.30	$183.70
$183.00	$177.00	Jul 17	$0.22	$0.51	$0.73	$176.27	$183.73
$182.50	$176.00	Jul 17	$0.36	$0.48	$0.84	$175.16	$183.34
$182.50	$177.00	Jul 17	$0.36	$0.51	$0.87	$176.13	$183.37
$182.00	$176.00	Jul 17	$0.42	$0.48	$0.90	$175.10	$182.90
$183.00	$178.00	Jul 17	$0.22	$0.69	$0.91	$177.09	$183.91
$182.00	$177.00	Jul 17	$0.42	$0.51	$0.93	$176.07	$182.93
$183.00	$177.50	Jul 17	$0.22	$0.76	$0.98	$176.52	$183.98
$182.50	$178.00	Jul 17	$0.36	$0.69	$1.05	$176.95	$183.55
$182.00	$178.00	Jul 17	$0.42	$0.69	$1.11	$176.89	$183.11

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 222 found (best R:R 17.18, avg credit $1.05)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
166/167	170/172	Aug 21	$1.89	$0.11	17.18	$165.11	$171.89
168/169	170/172	Aug 21	$1.88	$0.12	15.67	$167.12	$171.88
145/150	165/170	Jul 17	$4.69	$0.31	15.13	$145.31	$169.69
163/165	170/172	Aug 21	$1.86	$0.14	13.29	$163.14	$171.86
163/164	165/170	Jul 17	$4.61	$0.39	11.82	$159.39	$169.61
175/176	178/180	Aug 7	$1.82	$0.18	10.11	$174.18	$179.82
167/168	170/172	Aug 21	$1.80	$0.20	9.00	$166.20	$171.80
176/177	178/179	Jul 24	$0.89	$0.11	8.09	$176.11	$178.89
166/167	172/173	Jul 17	$0.87	$0.13	6.69	$166.13	$172.87
173/174	178/179	Jul 31	$0.87	$0.13	6.69	$173.13	$178.87

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 60 found (best R:R 19.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$195.00	$196.00	$197.00	Aug 21	$0.06	$0.94	15.67
$198.00	$199.00	$200.00	Aug 21	$0.07	$0.93	13.29
$189.00	$190.00	$191.00	Jul 31	$0.08	$0.92	11.50
$187.00	$188.00	$189.00	Aug 21	$0.08	$0.92	11.50
$189.00	$190.00	$191.00	Aug 21	$0.08	$0.92	11.50

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$174.00	$175.00	$176.00	Jul 31	$0.05	$0.95	19.00
$180.00	$181.00	$182.00	Jul 24	$0.07	$0.93	13.29
$170.00	$171.00	$172.00	Jul 31	$0.07	$0.93	13.29
$164.00	$165.00	$166.00	Jul 17	$0.08	$0.92	11.50
$170.00	$171.00	$172.00	Jul 17	$0.08	$0.92	11.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 107 found (best net $-3.21, 92 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$154.00	$165.00	1:2	Jul 17	-$3.21	$7.79
$165.00	$172.00	1:2	Jul 24	-$1.00	$6.00
$200.00	$205.00	1:2	Aug 21	-$0.10	$4.90
$185.00	$189.00	1:2	Aug 7	-$0.22	$3.78
$181.00	$185.00	1:2	Aug 7	-$0.64	$3.36

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$167.50	$160.00	1:2	Aug 14	-$0.01	$7.49
$150.00	$145.00	1:2	Aug 21	-$0.01	$4.99
$196.00	$188.00	1:2	Aug 21	-$3.01	$4.99
$160.00	$155.00	1:2	Aug 14	-$0.45	$4.55
$175.00	$170.00	1:2	Aug 14	-$0.78	$4.22

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 58 found (best yield 2.56%, avg 0.63%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$180.00	Aug 21	$4.60	0.49	0.3%	2.56%	2.90%	68	149
$181.00	Aug 21	$4.20	0.46	0.9%	2.34%	3.23%	23	214
$182.00	Aug 21	$3.20	0.43	1.4%	1.78%	3.23%	--	135
$184.00	Aug 21	$2.90	0.37	2.6%	1.62%	4.18%	--	78
$180.00	Aug 7	$2.88	0.49	0.3%	1.61%	1.94%	1	6
$183.00	Aug 21	$2.70	0.39	2.0%	1.51%	3.51%	--	89
$181.00	Jul 31	$2.31	0.44	0.9%	1.29%	2.18%	--	72
$181.00	Aug 7	$2.29	0.45	0.9%	1.28%	2.17%	--	12
$185.00	Aug 21	$2.24	0.33	3.1%	1.25%	4.37%	16	571
$186.00	Aug 21	$2.23	0.31	3.7%	1.24%	4.92%	--	35

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 1,708

Total Puts 5,116

Put/Call Ratio 3.00

Net Difference -3,408

Prior's Put/Call Breakdown

Total Calls 1,138

Total Puts 4,523

Put/Call Ratio 3.97

Net Difference -3,385

Prior 7-Day Put/Call Summary

Total Calls 30,755

Total Puts 239,881

Average Put/Call Ratio 2.56

Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
Loading data...

Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

Add Card