XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$187.53 -0.57%

(8/28 09:50) ◀

Friday, August 28, 2026 (9:55am)

▶ (8/28 10:00)

◀ 8/28 09:55 ▶

Option Volume

Detail

ℹ

Current (08/28 9:55am) 2,513

Calls: 391 (16%)

Puts: 2,122 (84%)

Prior (08/27) 2,440

Calls: 1,184 (49%)

Puts: 1,256 (51%)

Current vs Prior +2.99%

Calls: -66.98% (Calls)

Puts: +68.95% (Puts)

Prior 7-Day Total 176,381

Calls: 65,123 (37%)

Puts: 111,258 (63%)

Prior 7-Day Average 25,197

Calls: 9,303 (37%)

Puts: 15,894 (63%)

Current vs Prior 7-Day Avg -90.03%

Calls: -95.80%

Puts: -86.65%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/28 9:55am) $356.2K

Calls: $152.3K (43%)

Puts: $203.9K (57%)

Prior (08/27) $1.04M

Calls: $862.5K (83%)

Puts: $174.1K (17%)

Current vs Prior -65.64%

Calls: -82.35%

Puts: +17.12%

Prior 7-Day Total $98.77M

Calls: $61.78M (63%)

Puts: $36.99M (37%)

Prior 7-Day Average $14.11M

Calls: $8.83M (63%)

Puts: $5.28M (37%)

Current vs Prior 7-Day Avg -97.48%

Calls: -98.27%

Puts: -96.14%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (08/28 9:55am) 5.43

Prior (08/27) 1.06

Current vs Prior +411.60%

Prior 7-Day Average 1.78

Current vs Prior 7-Day Avg +204.24%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/28 9:55am) 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 5,314,467

Calls: 1,982,130 (37%)

Puts: 3,332,337 (63%)

Prior 7-Day Average 759,209

Calls: 283,161 (37%)

Puts: 476,048 (63%)

Current vs Prior 7-Day Avg -1.18%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 1.16% | 2.90%4.75% | 7.64%

Prior 1.70% | 3.28%5.13% | 7.69%

Current vs Prior -32.01% | -11.77%-7.52% | -0.74%

Prior 7-Day Avg 2.27% | 3.89%3.75% | 7.55%

Current vs 7-Day Avg -49.12% | -25.65%+26.56% | +1.10%

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

Current vs 7-Day Eod -32.01% | -11.77%-7.52% | -0.74%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 65.60% | 34.30%

Calls: 58.67% | 30.31%

Puts: 72.53% | 38.28%

Prior 69.97% | 29.52%

Calls: 48.23% | 25.49%

Puts: 91.72% | 33.55%

Current vs Prior -6.25% | +16.19%

Prior 7-Day Avg 56.82% | 38.14%

Calls: 56.34% | 38.61%

Puts: 57.30% | 37.65%

Current vs 7-Day Avg +15.46% | -10.06%

Liquidity Expensive

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🤖 AI Insights

Light premium activity with dollar volume down 66% vs prior. Extreme bearish P/C ratio of 5.43 - heavy put buying. P/C ratio rising 412% - 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 NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior NEUTRAL

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
09:55	BEARISH	BEARISH	BEARISH
09:50	BEARISH	BEARISH	BEARISH
09:45	BULLISH	BULLISH	BULLISH
09:40	BULLISH	BEARISH	BEARISH
09:35	BULLISH	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

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Tightest Spreads

💰

Best Value <$1

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High Delta

⚖️

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 40 of results (avg 7.3%, best 4.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$155.00	Sep 18	32.70	34.15	$33.42	4.3%	--	0.97	2.8K
$160.00	Sep 18	27.85	29.20	$28.53	4.7%	--	0.97	683
$152.50	Sep 18	35.05	36.80	$35.92	4.9%	--	0.98	600
$151.00	Sep 18	36.60	38.45	$37.53	4.9%	--	0.98	299
$157.50	Sep 18	30.00	31.65	$30.83	5.4%	--	0.98	1.3K

PUTS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Sep 25	21.35	23.05	$22.20	7.7%	--	0.95	10
$185.00	Sep 18	2.94	3.20	$3.07	8.5%	9	0.39	2.0K
$200.00	Sep 18	11.85	13.00	$12.43	9.3%	--	0.88	136
$184.00	Sep 18	2.56	2.81	$2.69	9.3%	4	0.35	9

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. 136 found (avg delta 0.80, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$156.00	Aug 28	31.15	33.15	$32.15	6.2%	2	1.00	403
$157.00	Aug 28	30.15	32.40	$31.28	7.2%	--	1.00	210
$157.50	Aug 28	28.90	31.95	$30.42	10.0%	--	1.00	207
$158.00	Aug 28	29.15	31.40	$30.28	7.4%	--	1.00	101
$159.00	Aug 28	28.15	30.25	$29.20	7.2%	--	1.00	42

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$191.00	Aug 28	2.38	3.60	$2.99	40.8%	6	1.00	7
$210.00	Sep 25	21.35	23.05	$22.20	7.7%	--	0.95	10
$190.00	Aug 28	2.38	2.81	$2.60	16.5%	--	0.90	26
$200.00	Sep 18	11.85	13.00	$12.43	9.3%	--	0.88	136
$197.50	Sep 18	9.65	11.05	$10.35	13.5%	--	0.82	136

Most actively traded options today. High liquidity = easy entry/exit. 88 active (total vol 2.3K, top 1.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$189.00	Aug 28	0.22	0.58	$0.40	90.0%	124	0.30	482
$190.00	Aug 28	0.01	0.47	$0.24	191.7%	20	0.19	166
$192.50	Sep 4	0.64	1.22	$0.93	62.4%	20	0.25	53
$190.00	Sep 4	1.35	1.98	$1.67	37.7%	18	0.38	132
$187.00	Aug 28	1.06	2.00	$1.53	61.4%	16	0.65	973

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 18	0.80	1.00	$0.90	22.2%	1.7K	0.14	7.2K
$172.00	Sep 4	0.11	0.17	$0.14	42.9%	41	0.04	29
$171.00	Sep 4	0.09	0.31	$0.20	110.0%	30	0.04	53
$184.00	Aug 28	0.10	0.26	$0.18	88.9%	22	0.11	188
$169.00	Sep 4	0.07	0.31	$0.19	126.3%	22	0.04	36

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 11 strikes (avg 109.9%, max 150.9%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$186.00	Aug 28	Sep 25	58.1%	23.1%	150.9%	--	140
$188.00	Aug 28	Sep 18	53.3%	22.7%	134.5%	4	487
$187.00	Aug 28	Oct 2	47.0%	22.9%	105.2%	16	994
$187.50	Aug 28	Oct 2	45.9%	23.2%	97.3%	--	861
$190.00	Aug 28	Oct 2	46.5%	25.3%	83.8%	20	184

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$186.00	Aug 28	Sep 25	58.1%	23.1%	150.9%	21	136
$188.00	Aug 28	Sep 25	53.3%	22.5%	136.4%	10	235
$187.00	Aug 28	Sep 11	47.0%	21.8%	115.6%	3	274
$187.50	Aug 28	Sep 18	45.9%	22.9%	100.7%	--	725
$189.00	Aug 28	Sep 18	41.6%	24.6%	68.9%	1	215

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 156 found (best R:R 0.92, avg 4.05)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$183.00	$184.00	Aug 28	$0.55	$0.45	$0.55	92%	0.82	$183.55
$157.50	$158.00	Aug 28	$0.14	$0.36	$0.14	100%	2.57	$157.64
$162.50	$163.00	Aug 28	$0.25	$0.25	$0.25	100%	1.00	$162.75
$167.00	$167.50	Aug 28	$0.28	$0.22	$0.28	100%	0.79	$167.28
$182.00	$182.50	Aug 28	$0.30	$0.20	$0.30	93%	0.67	$182.30

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$200.00	$180.00	Oct 2	$10.42	$9.58	$10.42	80%	0.92	$189.58
$191.00	$190.00	Aug 28	$0.39	$0.61	$0.39	100%	1.56	$190.61
$189.00	$188.00	Sep 11	$0.22	$0.78	$0.22	55%	3.55	$188.78
$187.00	$186.00	Sep 11	$0.21	$0.79	$0.21	45%	3.76	$186.79
$165.00	$160.00	Oct 2	$0.16	$4.84	$0.16	9%	30.25	$164.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 115 found (best R:R 0.92, avg 0.40)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$205.00	$225.00	Oct 2	$0.69	$0.69	$19.31	88%	0.04	$205.69
$188.00	$189.00	Aug 28	$0.62	$0.62	$0.38	51%	1.63	$188.62
$195.00	$196.00	Sep 11	$0.30	$0.30	$0.70	79%	0.43	$195.30
$197.00	$198.00	Sep 25	$0.34	$0.34	$0.66	76%	0.52	$197.34
$192.50	$193.00	Sep 4	$0.23	$0.23	$0.27	75%	0.85	$192.73

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$177.50	$177.00	Aug 28	$0.24	$0.24	$0.26	92%	0.92	$177.26
$182.50	$182.00	Aug 28	$0.24	$0.24	$0.26	86%	0.92	$182.26
$179.00	$178.00	Aug 28	$0.19	$0.19	$0.81	92%	0.23	$178.81
$176.00	$175.00	Oct 2	$0.32	$0.32	$0.68	79%	0.47	$175.68
$186.00	$185.00	Aug 28	$0.28	$0.28	$0.72	74%	0.39	$185.72

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $1.61, cheapest $1.54)

CALLS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$188.00	Aug 28	Sep 4	$1.58	53.3%	23.9%
$187.00	Aug 28	Sep 4	$1.64	47.0%	24.0%
$187.50	Aug 28	Sep 4	$1.72	45.9%	23.6%
$189.00	Aug 28	Sep 4	$1.69	41.6%	24.4%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$188.00	Aug 28	Sep 4	$1.54	53.3%	23.9%
$187.00	Aug 28	Sep 4	$1.53	47.0%	24.0%
$187.50	Aug 28	Sep 4	$1.54	45.9%	23.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 93 found (cheapest 1.01% of stock, avg 5.22%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$187.50	Aug 28	$1.15	$0.75	$1.90	$185.60	$189.40	1.01%
$189.00	Aug 28	$0.40	$1.55	$1.95	$187.05	$190.95	1.04%
$188.00	Aug 28	$1.02	$1.02	$2.04	$185.96	$190.04	1.09%
$187.00	Aug 28	$1.53	$0.57	$2.10	$184.90	$189.10	1.12%
$186.00	Aug 28	$2.27	$0.46	$2.73	$183.27	$188.73	1.46%
$190.00	Aug 28	$0.24	$2.60	$2.84	$187.16	$192.84	1.51%
$191.00	Aug 28	$0.07	$2.99	$3.06	$187.94	$194.06	1.63%
$185.00	Aug 28	$3.03	$0.18	$3.21	$181.79	$188.21	1.71%
$184.00	Aug 28	$4.08	$0.18	$4.26	$179.74	$188.26	2.27%
$183.00	Aug 28	$4.63	$0.12	$4.75	$178.25	$187.75	2.53%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.22% of stock, avg 2.53%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$190.00	$185.00	Aug 28	$0.24	$0.18	$0.42	$184.58	$190.42
$190.00	$182.50	Aug 28	$0.24	$0.38	$0.62	$181.88	$190.62
$202.50	$185.00	Aug 28	$0.46	$0.18	$0.64	$184.36	$203.14
$189.00	$185.00	Aug 28	$0.40	$0.18	$0.58	$184.42	$189.58
$190.00	$186.00	Aug 28	$0.24	$0.46	$0.70	$185.30	$190.70
$202.50	$182.50	Aug 28	$0.46	$0.38	$0.84	$181.66	$203.34
$189.00	$186.00	Aug 28	$0.40	$0.46	$0.86	$185.14	$189.86
$189.00	$182.50	Aug 28	$0.40	$0.38	$0.78	$181.72	$189.78
$190.00	$187.00	Aug 28	$0.24	$0.57	$0.81	$186.19	$190.81
$189.00	$187.00	Aug 28	$0.40	$0.57	$0.97	$186.03	$189.97

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 219 found (best R:R 2.23, avg credit $0.49)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
175/176	197/198	Oct 2	$0.69	$0.31	52%	2.23	$175.31	$197.69
175/176	194/195	Oct 2	$0.73	$0.27	44%	2.70	$175.27	$194.73
177/178	190/191	Aug 28	$0.41	$0.59	74%	0.69	$177.09	$190.41
169/170	197/198	Sep 25	$0.50	$0.50	64%	1.00	$169.50	$197.50
173/174	197/198	Sep 25	$0.53	$0.47	60%	1.13	$173.47	$197.53
174/175	195/196	Sep 11	$0.44	$0.56	68%	0.79	$174.56	$195.44
175/176	198/199	Oct 2	$0.57	$0.43	55%	1.33	$175.43	$198.57
179/180	197/198	Oct 2	$0.67	$0.33	44%	2.03	$179.33	$197.67
175/176	199/200	Oct 2	$0.52	$0.48	57%	1.08	$175.48	$199.52
178/179	190/191	Aug 28	$0.36	$0.64	73%	0.56	$178.64	$190.36

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 77 found (best R:R 13.71, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$195.00	$197.50	$200.00	Sep 18	$0.14	$2.36	13%	16.86
$200.00	$205.00	$210.00	Sep 25	$0.30	$4.70	12%	15.67
$172.50	$175.00	$177.50	Sep 18	$0.08	$2.42	8%	30.25
$197.50	$200.00	$202.50	Sep 18	$0.13	$2.37	11%	18.23
$184.00	$185.00	$186.00	Sep 4	$0.05	$0.95	10%	19.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$192.50	$195.00	$197.50	Sep 18	$0.17	$2.33	16%	13.71
$195.00	$197.50	$200.00	Sep 18	$0.16	$2.34	14%	14.62
$190.00	$192.50	$195.00	Sep 18	$0.22	$2.28	18%	10.36
$186.00	$187.50	$189.00	Sep 18	$0.09	$1.41	11%	15.67
$155.00	$160.00	$165.00	Sep 25	$0.09	$4.91	3%	54.56

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 148 found (best net $-6.52, 134 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$160.00	$171.00	1:2	Sep 4	-$6.52	$4.48
$172.50	$179.00	1:2	Sep 11	-$4.50	$2.00
$189.00	$190.00	1:2	Aug 28	-$0.08	$0.92
$215.00	$225.00	1:2	Sep 25	-$0.08	$9.92
$200.00	$202.50	1:2	Sep 18	-$0.12	$2.38

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$190.00	$189.00	1:2	Aug 28	-$0.50	$0.50
$189.00	$188.00	1:2	Aug 28	-$0.49	$0.51
$170.00	$165.00	1:2	Oct 2	-$0.34	$4.66
$165.00	$160.00	1:2	Sep 25	-$0.21	$4.79
$184.00	$183.00	1:2	Aug 28	-$0.06	$0.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 60 found (best yield 2.56%, avg 0.84%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$189.00	Oct 2	$4.80	0.48	0.8%	2.56%	3.34%	--	13
$191.00	Oct 2	$3.95	0.43	1.9%	2.11%	3.96%	--	42
$190.00	Oct 2	$4.30	0.46	1.3%	2.29%	3.61%	--	18
$194.00	Oct 2	$2.92	0.35	3.5%	1.56%	5.01%	1	4
$189.00	Sep 25	$4.10	0.47	0.8%	2.19%	2.97%	--	37
$190.00	Sep 25	$3.65	0.44	1.3%	1.95%	3.26%	--	100
$195.00	Oct 2	$2.34	0.32	4.0%	1.25%	5.23%	--	12
$191.00	Sep 25	$3.20	0.41	1.9%	1.71%	3.56%	--	55
$192.00	Sep 25	$2.80	0.38	2.4%	1.49%	3.88%	--	45
$193.00	Sep 25	$2.51	0.35	2.9%	1.34%	4.26%	--	18

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 391

Total Puts 2,122

Put/Call Ratio 5.43

Net Difference -1,731

Prior's Put/Call Breakdown

Total Calls 1,184

Total Puts 1,256

Put/Call Ratio 1.06

Net Difference -72

Prior 7-Day Put/Call Summary

Total Calls 65,123

Total Puts 111,258

Average Put/Call Ratio 1.78

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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