XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$185.79 -1.50%

(8/28 15:20) ◀

Friday, August 28, 2026 (3:23pm)

▶ (8/28 15:25)

◀ 8/28 15:23 ▶

Option Volume

Detail

ℹ

Current (08/28) 27,825

Calls: 4,715 (17%)

Puts: 23,110 (83%)

Prior (08/27) 45,745

Calls: 17,442 (38%)

Puts: 28,303 (62%)

Current vs Prior -39.17%

Calls: -72.97% (Calls)

Puts: -18.35% (Puts)

Prior 7-Day Total 172,041

Calls: 65,914 (38%)

Puts: 106,127 (62%)

Prior 7-Day Average 24,577

Calls: 9,416 (38%)

Puts: 15,161 (62%)

Current vs Prior 7-Day Avg +13.21%

Calls: -49.93%

Puts: +52.43%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/28) $13.43M

Calls: $5.39M (40%)

Puts: $8.04M (60%)

Prior (08/27) $14.13M

Calls: $10.01M (71%)

Puts: $4.12M (29%)

Current vs Prior -4.96%

Calls: -46.15%

Puts: +95.13%

Prior 7-Day Total $102.79M

Calls: $62.48M (61%)

Puts: $40.30M (39%)

Prior 7-Day Average $14.68M

Calls: $8.93M (61%)

Puts: $5.76M (39%)

Current vs Prior 7-Day Avg -8.56%

Calls: -39.62%

Puts: +39.58%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (08/28) 4.90

Prior (08/27) 1.62

Current vs Prior +202.05%

Prior 7-Day Average 1.65

Current vs Prior 7-Day Avg +197.27%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/28) 750,236

Calls: 279,434 (37%)

Puts: 470,802 (63%)

Prior (08/27) 721,316

Calls: 268,723 (37%)

Puts: 452,593 (63%)

Current vs Prior +4.01%

Prior 7-Day Total 5,426,608

Calls: 2,022,822 (37%)

Puts: 3,403,786 (63%)

Prior 7-Day Average 775,229

Calls: 288,974 (37%)

Puts: 486,255 (63%)

Current vs Prior 7-Day Avg -3.22%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)

Current 0.79% | 2.84%4.64% | 7.55%

Prior 1.70% | 3.28%5.13% | 7.69%

Current vs Prior -53.83% | -13.58%-9.50% | -1.85%

Prior 7-Day Avg 2.21% | 3.87%3.28% | 7.33%

Current vs 7-Day Avg -64.39% | -26.80%+41.69% | +3.05%

Prior 7-Day Eod 1.70% | 3.28%5.13% | 7.69%

Current vs 7-Day Eod -53.83% | -13.58%-9.50% | -1.85%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 67.81% | 17.62%

Calls: 53.61% | 11.81%

Puts: 82.00% | 23.43%

Prior 69.97% | 29.52%

Calls: 48.23% | 25.49%

Puts: 91.72% | 33.55%

Current vs Prior -3.09% | -40.31%

Prior 7-Day Avg 59.11% | 43.31%

Calls: 57.85% | 42.29%

Puts: 60.38% | 44.33%

Current vs 7-Day Avg +14.71% | -59.32%

Liquidity Expensive

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Extreme bearish P/C ratio of 4.90 - heavy put buying. P/C ratio rising 202% - increased hedging/bearish positioning. Put-heavy open interest (470,802 puts vs 279,434 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 BULLISH

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

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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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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 85 of results (avg 6.8%, best 2.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Sep 18	21.30	21.75	$21.53	2.1%	16	0.94	1.8K
$150.00	Sep 4	35.60	36.65	$36.13	2.9%	1	0.99	16
$170.00	Sep 25	16.80	17.45	$17.13	3.8%	5	0.88	15
$160.00	Sep 18	26.05	27.15	$26.60	4.1%	1	0.96	683
$150.00	Aug 28	35.45	37.10	$36.28	4.5%	--	0.92	63

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Sep 18	1.92	1.96	$1.94	2.1%	794	0.28	2.8K
$182.50	Sep 18	2.58	2.68	$2.63	3.8%	200	0.36	2.1K
$178.00	Sep 18	1.53	1.61	$1.57	5.1%	583	0.23	8.5K
$200.00	Sep 18	13.85	14.60	$14.23	5.3%	3	0.91	136
$175.00	Sep 18	1.09	1.15	$1.12	5.4%	1.7K	0.17	7.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.76, cheapest $0.40)

CALLS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$192.00	Sep 4	0.36	0.43	$0.40	17.5%	32	0.14	87
$190.00	Sep 4	0.70	0.83	$0.76	17.1%	66	0.24	132
$195.00	Sep 18	0.90	1.05	$0.98	15.3%	41	0.19	2.4K

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$170.00	Sep 18	0.59	0.69	$0.64	15.6%	72	0.10	4.3K
$172.50	Sep 18	0.79	0.89	$0.84	11.9%	7	0.13	1.2K
$173.00	Sep 18	0.83	0.99	$0.91	17.6%	6	0.14	32

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 159 found (avg delta 0.83, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$156.00	Aug 28	29.30	31.20	$30.25	6.3%	3	1.00	403
$157.00	Aug 28	28.35	30.20	$29.28	6.3%	16	1.00	210
$157.50	Aug 28	27.85	29.70	$28.78	6.4%	437	1.00	207
$158.00	Aug 28	27.35	29.20	$28.28	6.5%	437	1.00	101
$159.00	Aug 28	26.45	28.10	$27.28	6.0%	14	1.00	42

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$197.50	Sep 4	9.80	12.10	$10.95	21.0%	3	1.00	--
$198.00	Sep 4	10.35	12.60	$11.48	19.6%	4	1.00	--
$200.00	Sep 4	13.50	14.60	$14.05	7.8%	7	1.00	--
$191.00	Aug 28	4.35	5.70	$5.03	26.8%	6	0.99	7
$190.00	Aug 28	3.90	4.55	$4.22	15.4%	7	0.98	26

Most actively traded options today. High liquidity = easy entry/exit. 302 active (total vol 11.0K, top 1.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$157.50	Aug 28	27.85	29.70	$28.78	6.4%	437	1.00	207
$158.00	Aug 28	27.35	29.20	$28.28	6.5%	437	1.00	101
$189.00	Aug 28	0.01	0.04	$0.03	100.0%	170	0.04	482
$185.00	Sep 18	4.60	4.90	$4.75	6.3%	88	0.54	3.8K
$185.00	Aug 28	0.67	1.19	$0.93	55.9%	78	0.81	255

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 18	1.09	1.15	$1.12	5.4%	1.7K	0.17	7.2K
$180.00	Sep 18	1.92	1.96	$1.94	2.1%	794	0.28	2.8K
$170.00	Sep 25	0.81	1.14	$0.98	33.7%	759	0.13	97
$178.00	Sep 18	1.53	1.61	$1.57	5.1%	583	0.23	8.5K
$178.00	Sep 11	0.73	1.00	$0.87	31.0%	568	0.17	10

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 162.8%, max 244.6%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$187.00	Aug 28	Oct 2	74.6%	24.0%	210.5%	55	994
$186.00	Aug 28	Sep 25	54.9%	24.5%	124.4%	19	140
$185.00	Aug 28	Oct 2	50.1%	22.9%	118.9%	78	275

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$187.00	Aug 28	Sep 11	74.6%	21.6%	244.6%	104	274
$185.00	Aug 28	Sep 25	50.1%	20.6%	143.1%	151	256
$186.00	Aug 28	Oct 2	54.9%	23.3%	135.0%	157	96

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 161 found (best R:R 7.33, avg 4.56)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$180.00	$181.00	Sep 18	$0.25	$0.75	$0.25	72%	3.00	$180.25
$183.00	$184.00	Sep 11	$0.23	$0.77	$0.23	66%	3.35	$183.23
$195.00	$197.00	Oct 2	$0.10	$1.90	$0.10	27%	19.00	$195.10
$167.00	$167.50	Aug 28	$0.12	$0.38	$0.12	100%	3.17	$167.12
$180.00	$195.00	Oct 9	$7.05	$7.95	$7.05	68%	1.13	$187.05

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$192.00	$191.00	Sep 11	$0.12	$0.88	$0.12	78%	7.33	$191.88
$194.00	$192.50	Sep 4	$0.78	$0.72	$0.78	91%	0.92	$193.22
$192.50	$191.00	Sep 18	$0.60	$0.90	$0.60	74%	1.50	$191.90
$196.00	$195.00	Sep 4	$0.50	$0.50	$0.50	95%	1.00	$195.50
$190.00	$188.00	Sep 25	$0.73	$1.27	$0.73	62%	1.74	$189.27

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 120 found (best R:R 0.74, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$202.50	$205.00	Aug 28	$1.06	$1.06	$1.44	85%	0.74	$203.56
$195.00	$210.00	Oct 9	$2.52	$2.52	$12.48	68%	0.20	$197.52
$192.50	$194.00	Sep 11	$0.76	$0.76	$0.74	74%	1.03	$193.26
$197.00	$198.00	Oct 2	$0.60	$0.60	$0.40	75%	1.50	$197.60
$199.00	$200.00	Oct 2	$0.55	$0.55	$0.45	80%	1.22	$199.55

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$184.00	$183.00	Sep 18	$0.64	$0.64	$0.36	58%	1.78	$183.36
$183.00	$182.50	Sep 11	$0.36	$0.36	$0.14	66%	2.57	$182.64
$180.00	$179.00	Sep 11	$0.36	$0.36	$0.64	76%	0.56	$179.64
$179.00	$178.00	Sep 25	$0.41	$0.41	$0.59	71%	0.69	$178.59
$151.00	$150.00	Sep 18	$0.12	$0.12	$0.88	97%	0.14	$150.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.96, cheapest $1.86)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$186.00	Aug 28	Sep 4	$2.07	54.9%	23.8%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$186.00	Aug 28	Sep 4	$1.86	54.9%	23.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 120 found (cheapest 0.44% of stock, avg 5.10%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$186.00	Aug 28	$0.29	$0.53	$0.82	$185.18	$186.82	0.44%
$185.00	Aug 28	$0.93	$0.10	$1.03	$183.97	$186.03	0.55%
$187.00	Aug 28	$0.14	$1.32	$1.46	$185.54	$188.46	0.79%
$187.50	Aug 28	$0.10	$1.88	$1.98	$185.52	$189.48	1.07%
$184.00	Aug 28	$2.00	$0.02	$2.02	$181.98	$186.02	1.09%
$188.00	Aug 28	$0.02	$2.30	$2.32	$185.68	$190.32	1.25%
$183.00	Aug 28	$2.76	$0.01	$2.77	$180.23	$185.77	1.49%
$189.00	Aug 28	$0.03	$3.08	$3.11	$185.89	$192.11	1.67%
$182.50	Aug 28	$3.43	$0.01	$3.44	$179.06	$185.94	1.85%
$182.00	Aug 28	$3.78	$0.01	$3.79	$178.21	$185.79	2.04%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 147 found (cheapest 0.11% of stock, avg 2.88%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$187.50	$185.00	Aug 28	$0.10	$0.10	$0.20	$184.80	$187.70
$187.00	$185.00	Aug 28	$0.14	$0.10	$0.24	$184.76	$187.24
$186.00	$185.00	Aug 28	$0.29	$0.10	$0.39	$184.61	$186.39
$187.50	$150.00	Aug 28	$0.10	$0.81	$0.91	$149.09	$188.41
$187.00	$150.00	Aug 28	$0.14	$0.81	$0.95	$149.05	$187.95
$187.50	$155.00	Aug 28	$0.10	$1.07	$1.17	$153.83	$188.67
$202.50	$185.00	Aug 28	$1.07	$0.10	$1.17	$183.83	$203.67
$187.00	$155.00	Aug 28	$0.14	$1.07	$1.21	$153.79	$188.21
$186.00	$150.00	Aug 28	$0.29	$0.81	$1.10	$148.90	$187.10
$186.00	$155.00	Aug 28	$0.29	$1.07	$1.36	$153.64	$187.36

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 216 found (best R:R 1.63, avg credit $0.58)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
173/174	192/194	Sep 11	$0.93	$0.57	63%	1.63	$173.07	$193.43
179/180	199/200	Oct 2	$0.89	$0.11	48%	8.09	$179.11	$199.89
179/180	192/194	Sep 11	$1.12	$0.38	50%	2.95	$178.88	$193.62
175/176	197/198	Oct 2	$0.84	$0.16	52%	5.25	$175.16	$197.84
175/176	199/200	Oct 2	$0.79	$0.21	57%	3.76	$175.21	$199.79
176/177	192/194	Sep 11	$0.94	$0.56	58%	1.68	$176.06	$193.44
178/179	192/194	Sep 11	$0.94	$0.56	54%	1.68	$178.06	$193.44
176/177	197/198	Oct 2	$0.74	$0.26	50%	2.85	$176.26	$197.74
176/177	199/200	Oct 2	$0.69	$0.31	55%	2.23	$176.31	$199.69
173/174	193/194	Sep 25	$0.71	$0.29	53%	2.45	$173.29	$193.71

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 84 found (best R:R 2.31, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$180.00	$195.00	$210.00	Oct 9	$4.53	$10.47	61%	2.31
$172.50	$175.00	$177.50	Sep 18	$0.05	$2.45	9%	49.00
$195.00	$197.50	$200.00	Sep 18	$0.08	$2.42	10%	30.25
$189.00	$190.00	$191.00	Sep 4	$0.06	$0.94	11%	15.67
$155.00	$156.00	$157.00	Aug 28	$0.06	$0.94	10%	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$160.00	$165.00	$170.00	Oct 2	$0.08	$4.92	7%	61.50
$185.00	$186.00	$187.00	Aug 28	$0.36	$0.64	61%	1.78
$183.00	$184.00	$185.00	Aug 28	$0.07	$0.93	19%	13.29
$184.00	$185.00	$186.00	Aug 28	$0.35	$0.65	56%	1.86
$179.00	$180.00	$181.00	Sep 18	$0.05	$0.95	6%	19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 140 found (best net $-2.95, 124 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$172.50	$179.00	1:2	Sep 11	-$2.95	$3.55
$200.00	$205.00	1:2	Sep 25	-$0.18	$4.82
$197.50	$200.00	1:2	Sep 18	-$0.15	$2.35
$202.50	$205.00	1:2	Sep 18	-$0.05	$2.45
$205.00	$210.00	1:2	Sep 4	-$0.05	$4.95

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$186.00	$180.00	1:2	Oct 2	-$0.83	$5.17
$170.00	$165.00	1:2	Oct 9	-$0.37	$4.63
$180.00	$175.00	1:2	Oct 9	-$1.12	$3.88
$160.00	$155.00	1:2	Sep 25	-$0.16	$4.84
$155.00	$150.00	1:2	Sep 4	-$0.04	$4.96

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 75 found (best yield 2.64%, avg 0.87%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$187.00	Oct 2	$4.90	0.50	0.7%	2.64%	3.29%	--	21
$187.50	Oct 2	$4.50	0.49	0.9%	2.42%	3.34%	--	15
$189.00	Oct 2	$3.80	0.44	1.7%	2.05%	3.77%	1	13
$195.00	Oct 9	$2.25	0.32	5.0%	1.21%	6.17%	2	1
$190.00	Oct 2	$3.45	0.41	2.3%	1.86%	4.12%	2	18
$191.00	Oct 2	$3.05	0.38	2.8%	1.64%	4.45%	2	42
$187.00	Sep 25	$4.15	0.47	0.7%	2.23%	2.88%	--	72
$187.50	Sep 25	$3.90	0.46	0.9%	2.10%	3.02%	--	17
$186.00	Sep 25	$4.50	0.50	0.1%	2.42%	2.54%	--	88
$189.00	Sep 25	$3.25	0.41	1.7%	1.75%	3.48%	1	37

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 4,715

Total Puts 23,110

Put/Call Ratio 4.90

Net Difference -18,395

Prior's Put/Call Breakdown

Total Calls 17,442

Total Puts 28,303

Put/Call Ratio 1.62

Net Difference -10,861

Prior 7-Day Put/Call Summary

Total Calls 65,914

Total Puts 106,127

Average Put/Call Ratio 1.65

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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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

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