XLI - Options Database

XLI

State Street IndstrlSelSectSPDRETF

$177.99 -0.79%

(7/17 18:07) ◀

Monday, July 20, 2026 (3:05pm)

▶ (7/20 18:05)

◀ 7/20 15:07 ▶

Option Volume

Detail

ℹ

Current (07/20 3:05pm) 7,072

Calls: 3,720 (53%)

Puts: 3,352 (47%)

Prior (07/17) 11,779

Calls: 4,523 (38%)

Puts: 7,256 (62%)

Current vs Prior -39.96%

Calls: -17.75% (Calls)

Puts: -53.80% (Puts)

Prior 7-Day Total 176,379

Calls: 26,176 (15%)

Puts: 150,203 (85%)

Prior 7-Day Average 25,197

Calls: 3,739 (15%)

Puts: 21,457 (85%)

Current vs Prior 7-Day Avg -71.93%

Calls: -0.52%

Puts: -84.38%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/20 3:05pm) $2.60M

Calls: $1.56M (60%)

Puts: $1.04M (40%)

Prior (07/17) $3.30M

Calls: $1.75M (53%)

Puts: $1.56M (47%)

Current vs Prior -21.39%

Calls: -10.86%

Puts: -33.19%

Prior 7-Day Total $34.77M

Calls: $13.28M (38%)

Puts: $21.49M (62%)

Prior 7-Day Average $4.97M

Calls: $1.90M (38%)

Puts: $3.07M (62%)

Current vs Prior 7-Day Avg -47.72%

Calls: -17.98%

Puts: -66.10%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/20 3:05pm) 0.90

Prior (07/17) 1.60

Current vs Prior -43.83%

Prior 7-Day Average 3.40

Current vs Prior 7-Day Avg -73.49%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/20 3:05pm) 451,624

Calls: 101,566 (22%)

Puts: 350,058 (78%)

Prior (07/17) 536,740

Calls: 121,681 (23%)

Puts: 415,059 (77%)

Current vs Prior -15.86%

Prior 7-Day Total 3,554,929

Calls: 792,311 (22%)

Puts: 2,762,618 (78%)

Prior 7-Day Average 507,847

Calls: 113,187 (22%)

Puts: 394,659 (78%)

Current vs Prior 7-Day Avg -11.07%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)

Current 2.14% | 3.12%5.55% | 7.58%

Prior 1.77% | 2.68%1.77% | 5.16%

Current vs Prior +20.76% | +16.51%+213.15% | +46.94%

Prior 7-Day Avg 1.80% | 2.92%2.40% | 5.87%

Current vs 7-Day Avg +19.23% | +6.89%+131.63% | +29.13%

Prior 7-Day Eod 1.77% | 2.68%1.70% | 5.49%

Current vs 7-Day Eod +20.76% | +16.51%+226.52% | +38.15%

Sentiment BEARISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 28.42% | 17.18%

Calls: 25.70% | 12.75%

Puts: 31.14% | 21.60%

Prior 54.03% | 17.96%

Calls: 72.50% | 21.28%

Puts: 35.57% | 14.63%

Current vs Prior -47.40% | -4.34%

Prior 7-Day Avg 37.00% | 14.05%

Calls: 41.41% | 13.52%

Puts: 32.58% | 14.59%

Current vs 7-Day Avg -23.18% | +22.27%

Liquidity Expensive

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🤖 AI Insights

P/C ratio dropping 44% - sentiment shifting bullish. Put-heavy open interest (350,058 puts vs 101,566 calls) suggests hedging or bearish positioning. Declining open interest (down 16%) indicates positions being closed.

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 BEARISH

Current NEUTRAL

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

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	BULLISH	BEARISH	BEARISH
15:05	BULLISH	NEUTRAL	BULLISH

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📉 Credit Spreads

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⚡ Straddles

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⚖️ Ratio Spreads

🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 8 of results (avg 8.1%, best 6.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$170.00	Jul 31	8.45	9.05	$8.75	6.9%	5	0.86	11
$145.00	Aug 21	33.20	35.65	$34.42	7.1%	--	0.98	11
$177.00	Aug 21	5.25	5.65	$5.45	7.3%	--	0.57	56
$150.00	Jul 24	27.70	29.90	$28.80	7.6%	--	0.99	30
$150.00	Jul 31	27.80	30.10	$28.95	7.9%	--	0.97	30

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$182.00	Jul 31	4.75	5.20	$4.97	9.1%	--	0.71	15

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. 67 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$157.50	Jul 24	20.15	22.40	$21.28	10.6%	1	1.00	--
$150.00	Jul 24	27.70	29.90	$28.80	7.6%	--	0.99	30
$157.00	Jul 24	20.65	22.90	$21.78	10.3%	1	0.99	--
$161.00	Jul 24	16.65	18.90	$17.77	12.7%	7	0.99	--
$165.00	Jul 24	12.80	14.95	$13.88	15.5%	--	0.98	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$192.00	Jul 31	12.00	14.35	$13.18	17.8%	--	0.93	63
$190.00	Jul 31	10.00	12.40	$11.20	21.4%	--	0.92	10
$185.00	Jul 24	5.70	7.50	$6.60	27.3%	2	0.92	7
$189.00	Jul 24	9.00	11.50	$10.25	24.4%	--	0.92	18
$189.00	Jul 31	9.60	11.45	$10.52	17.6%	--	0.91	10

Most actively traded options today. High liquidity = easy entry/exit. 134 active (total vol 3.2K, top 1.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$185.00	Jul 31	0.55	0.73	$0.64	28.1%	140	0.17	141
$190.00	Aug 21	0.90	1.12	$1.01	21.8%	80	0.17	884
$185.00	Aug 21	1.79	2.14	$1.97	17.8%	78	0.29	823
$182.00	Aug 21	2.78	3.10	$2.94	10.9%	74	0.39	136
$186.00	Aug 21	1.60	2.12	$1.86	28.0%	63	0.27	91

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Jul 31	1.28	1.55	$1.42	19.0%	1.3K	0.32	2.2K
$169.00	Aug 21	1.36	1.62	$1.49	17.4%	148	0.21	46
$176.00	Jul 24	0.73	1.12	$0.93	41.9%	123	0.32	155
$173.00	Jul 31	0.82	1.02	$0.92	21.7%	116	0.22	7
$178.00	Aug 21	3.70	4.35	$4.03	16.1%	59	0.47	319

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 52 strikes (avg 28.0%, max 94.9%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$191.00	Jul 24	Aug 21	41.7%	21.4%	94.9%	3	363
$190.00	Jul 24	Aug 21	39.2%	21.5%	82.8%	80	1.5K
$188.00	Jul 24	Aug 28	34.0%	21.9%	55.1%	5	13
$187.00	Jul 24	Aug 21	30.6%	22.1%	38.2%	10	206
$195.00	Jul 31	Aug 21	30.9%	23.0%	34.1%	3	666

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$163.00	Jul 24	Aug 21	48.4%	25.1%	92.8%	12	499
$189.00	Jul 24	Aug 21	40.5%	22.0%	83.8%	30	18
$161.00	Jul 24	Aug 21	43.9%	25.6%	71.4%	26	2.1K
$162.00	Jul 24	Jul 31	49.8%	29.0%	71.4%	12	16
$164.00	Jul 24	Aug 21	38.0%	24.8%	53.6%	21	5

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 103 found (best R:R 49.00, avg 5.00)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$200.00	$205.00	Aug 21	$0.12	$4.88	$0.12	40.67	$200.12
$186.00	$189.00	Aug 7	$0.13	$2.87	$0.13	22.08	$186.13
$188.00	$210.00	Aug 28	$1.37	$20.63	$1.37	15.06	$189.37
$189.00	$191.00	Aug 14	$0.19	$1.81	$0.19	9.53	$189.19
$185.00	$186.00	Aug 21	$0.11	$0.89	$0.11	8.09	$185.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$150.00	$145.00	Aug 21	$0.10	$4.90	$0.10	49.00	$149.90
$165.00	$160.00	Aug 14	$0.11	$4.89	$0.11	44.45	$164.89
$160.00	$155.00	Aug 21	$0.19	$4.81	$0.19	25.32	$159.81
$172.00	$170.00	Aug 14	$0.11	$1.89	$0.11	17.18	$171.89
$167.50	$165.00	Jul 31	$0.16	$2.34	$0.16	14.62	$167.34

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 130 found (best R:R 46.37, avg 2.19)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$150.00	$168.00	Jul 31	$17.62	$17.62	$0.38	46.37	$167.62
$167.00	$172.00	Jul 24	$4.87	$4.87	$0.13	37.46	$171.87
$145.00	$170.00	Aug 21	$23.34	$23.34	$1.66	14.06	$168.34
$172.00	$173.00	Jul 24	$0.90	$0.90	$0.10	9.00	$172.90
$170.00	$171.00	Aug 21	$0.88	$0.88	$0.12	7.33	$170.88

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$185.00	$183.00	Jul 24	$1.88	$1.88	$0.12	15.67	$183.12
$189.00	$184.00	Jul 31	$4.69	$4.69	$0.31	15.13	$184.31
$188.00	$186.00	Aug 21	$1.85	$1.85	$0.15	12.33	$186.15
$189.00	$185.00	Jul 24	$3.65	$3.65	$0.35	10.43	$185.35
$189.00	$188.00	Aug 21	$0.90	$0.90	$0.10	9.00	$188.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 53 found (avg debit $0.78, cheapest $0.07)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$190.00	Jul 24	Jul 31	$0.11	39.2%	26.3%
$175.00	Jul 24	Jul 31	$0.12	24.0%	22.0%
$191.00	Jul 24	Jul 31	$0.13	41.7%	28.2%
$150.00	Jul 24	Jul 31	$0.15	68.8%	52.6%
$188.00	Jul 24	Jul 31	$0.26	34.0%	25.8%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$160.00	Jul 24	Jul 31	$0.07	39.1%	30.7%
$167.50	Jul 24	Jul 31	$0.27	31.3%	26.6%
$189.00	Jul 24	Jul 31	$0.27	40.5%	25.9%
$168.00	Jul 24	Jul 31	$0.29	29.3%	25.8%
$167.00	Aug 21	Aug 28	$0.34	23.3%	24.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 53 found (cheapest 1.96% of stock, avg 5.13%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$178.00	Jul 24	$1.82	$1.67	$3.49	$174.51	$181.49	1.96%
$177.50	Jul 24	$2.14	$1.46	$3.60	$173.90	$181.10	2.02%
$179.00	Jul 24	$1.39	$2.24	$3.63	$175.37	$182.63	2.04%
$180.00	Jul 24	$0.95	$2.91	$3.86	$176.14	$183.86	2.17%
$176.00	Jul 24	$3.09	$0.93	$4.02	$171.98	$180.02	2.26%
$181.00	Jul 24	$0.72	$3.68	$4.40	$176.60	$185.40	2.47%
$182.50	Jul 24	$0.36	$4.28	$4.64	$177.86	$187.14	2.61%
$182.00	Jul 24	$0.51	$4.20	$4.71	$177.29	$186.71	2.65%
$183.00	Jul 24	$0.32	$4.72	$5.04	$177.96	$188.04	2.83%
$174.00	Jul 24	$4.60	$0.46	$5.06	$168.94	$179.06	2.84%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 135 found (cheapest 0.57% of stock, avg 2.20%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$182.50	$175.00	Jul 24	$0.36	$0.65	$1.01	$173.99	$183.51
$182.00	$175.00	Jul 24	$0.51	$0.65	$1.16	$173.84	$183.16
$182.50	$176.00	Jul 24	$0.36	$0.93	$1.29	$174.71	$183.79
$181.00	$175.00	Jul 24	$0.72	$0.65	$1.37	$173.63	$182.37
$182.00	$176.00	Jul 24	$0.51	$0.93	$1.44	$174.56	$183.44
$182.50	$177.00	Jul 24	$0.36	$1.19	$1.55	$175.45	$184.05
$180.00	$175.00	Jul 24	$0.95	$0.65	$1.60	$173.40	$181.60
$181.00	$176.00	Jul 24	$0.72	$0.93	$1.65	$174.35	$182.65
$182.00	$177.00	Jul 24	$0.51	$1.19	$1.70	$175.30	$183.70
$182.50	$177.50	Jul 24	$0.36	$1.46	$1.82	$175.68	$184.32

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 190 found (best R:R 17.18, avg credit $1.02)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
169/170	178/180	Aug 14	$1.89	$0.11	17.18	$168.11	$179.89
170/171	178/179	Aug 21	$0.90	$0.10	9.00	$170.10	$178.90
166/168	178/180	Aug 14	$1.78	$0.22	8.09	$165.72	$179.78
168/169	178/179	Aug 21	$0.88	$0.12	7.33	$168.12	$178.88
182/185	186/189	Aug 14	$2.62	$0.38	6.89	$182.38	$188.62
176/177	178/179	Jul 31	$0.86	$0.14	6.14	$176.14	$178.86
173/174	177/178	Aug 21	$0.86	$0.14	6.14	$173.14	$177.86
165/168	170/175	Jul 31	$4.26	$0.74	5.76	$163.24	$174.26
175/176	178/179	Jul 31	$0.83	$0.17	4.88	$175.17	$178.83
165/166	178/180	Aug 14	$1.64	$0.36	4.56	$164.36	$179.64

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 42 found (best R:R 40.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$179.00	$180.00	$181.00	Jul 31	$0.05	$0.95	19.00
$183.00	$184.00	$185.00	Jul 31	$0.05	$0.95	19.00
$184.00	$185.00	$186.00	Jul 24	$0.06	$0.94	15.67
$173.00	$174.00	$175.00	Aug 21	$0.06	$0.94	15.67
$165.00	$166.00	$167.00	Jul 24	$0.07	$0.93	13.29

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$155.00	$160.00	$165.00	Aug 14	$0.12	$4.88	40.67
$150.00	$155.00	$160.00	Aug 21	$0.21	$4.79	22.81
$160.00	$161.00	$162.00	Jul 24	$0.06	$0.94	15.67
$182.00	$183.00	$184.00	Aug 7	$0.06	$0.94	15.67
$173.00	$174.00	$175.00	Jul 24	$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. 104 found (best net $-0.02, 94 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$200.00	$205.00	1:2	Aug 21	-$0.08	$4.92
$170.00	$175.00	1:2	Jul 31	-$0.55	$4.45
$167.00	$172.00	1:2	Jul 24	-$2.01	$2.99
$192.00	$195.00	1:2	Jul 31	-$0.10	$2.90
$182.00	$185.00	1:2	Aug 7	-$0.38	$2.62

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$178.00	$172.00	1:2	Aug 14	-$0.02	$5.98
$160.00	$155.00	1:2	Aug 21	-$0.10	$4.90
$150.00	$145.00	1:2	Aug 21	-$0.11	$4.89
$155.00	$150.00	1:2	Aug 21	-$0.33	$4.67
$165.00	$160.00	1:2	Aug 14	-$0.53	$4.47

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 60 found (best yield 2.58%, avg 0.71%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$178.00	Aug 21	$4.60	0.53	0.0%	2.58%	2.59%	9	28
$178.00	Aug 14	$4.15	0.58	0.0%	2.33%	2.34%	--	13
$179.00	Aug 21	$4.10	0.49	0.6%	2.30%	2.87%	--	66
$180.00	Aug 21	$3.65	0.46	1.1%	2.05%	3.18%	15	134
$181.00	Aug 21	$3.20	0.43	1.7%	1.80%	3.49%	8	214
$180.00	Aug 14	$3.10	0.49	1.1%	1.74%	2.87%	--	10
$182.00	Aug 21	$2.78	0.39	2.2%	1.56%	3.81%	74	136
$178.00	Jul 31	$2.68	0.52	0.0%	1.51%	1.51%	--	57
$182.50	Aug 21	$2.55	0.38	2.5%	1.43%	3.97%	2	--
$183.00	Aug 21	$2.43	0.36	2.8%	1.37%	4.18%	8	86

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 3,720

Total Puts 3,352

Put/Call Ratio 0.90

Net Difference 368

Prior's Put/Call Breakdown

Total Calls 4,523

Total Puts 7,256

Put/Call Ratio 1.60

Net Difference -2,733

Prior 7-Day Put/Call Summary

Total Calls 26,176

Total Puts 150,203

Average Put/Call Ratio 3.40

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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📈 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

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