XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$186.50 -1.12%

(8/28 11:55) ◀

Friday, August 28, 2026 (12:00pm)

▶ (8/28 12:05)

◀ 8/28 12:00 ▶

Option Volume

Detail

ℹ

Current (08/28 12:00pm) 18,991

Calls: 2,923 (15%)

Puts: 16,068 (85%)

Prior (08/27) 21,745

Calls: 11,673 (54%)

Puts: 10,072 (46%)

Current vs Prior -12.66%

Calls: -74.96% (Calls)

Puts: +59.53% (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 -24.63%

Calls: -68.58%

Puts: +1.09%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/28 12:00pm) $6.20M

Calls: $4.42M (71%)

Puts: $1.79M (29%)

Prior (08/27) $5.45M

Calls: $4.11M (76%)

Puts: $1.33M (24%)

Current vs Prior +13.87%

Calls: +7.38%

Puts: +33.88%

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 -56.03%

Calls: -49.94%

Puts: -66.22%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/28 12:00pm) 5.50

Prior (08/27) 0.86

Current vs Prior +537.09%

Prior 7-Day Average 1.78

Current vs Prior 7-Day Avg +208.17%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/28 12:00pm) 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 1.09% | 2.91%4.87% | 7.89%

Prior 1.70% | 3.28%5.13% | 7.69%

Current vs Prior -36.04% | -11.45%-5.14% | +2.60%

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

Current vs 7-Day Avg -52.14% | -25.38%+29.82% | +4.50%

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

Current vs 7-Day Eod -36.04% | -11.45%-5.14% | +2.60%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 109.44% | 29.36%

Calls: 82.88% | 24.36%

Puts: 136.00% | 34.35%

Prior 69.97% | 29.52%

Calls: 48.23% | 25.49%

Puts: 91.72% | 33.55%

Current vs Prior +56.41% | -0.54%

Prior 7-Day Avg 56.82% | 38.14%

Calls: 56.34% | 38.61%

Puts: 57.30% | 37.65%

Current vs 7-Day Avg +92.61% | -23.01%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 71% call dollar volume ($4.42M). Extreme bearish P/C ratio of 5.50 - heavy put buying. P/C ratio rising 537% - increased hedging/bearish positioning. Put-heavy open interest (470,802 puts vs 279,434 calls) suggests hedging or bearish positioning.

Smart Money BULLISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

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
12:00	BULLISH	BEARISH	BEARISH
11:55	BULLISH	BEARISH	BEARISH
11:50	BULLISH	BEARISH	BEARISH
11:45	BULLISH	BEARISH	BEARISH
11:40	BULLISH	BEARISH	BEARISH
11:35	BULLISH	BEARISH	BEARISH
11:30	BULLISH	BEARISH	BEARISH
11:25	BULLISH	BEARISH	BEARISH
11:20	BULLISH	BEARISH	BEARISH
11:15	BULLISH	BEARISH	BEARISH
11:10	BULLISH	BEARISH	BEARISH
11:05	BULLISH	BEARISH	BEARISH
11:00	BULLISH	BEARISH	BEARISH
10:55	BULLISH	BEARISH	BEARISH
10:50	BULLISH	BEARISH	BEARISH
10:45	BULLISH	BEARISH	BEARISH
10:40	BULLISH	BEARISH	BEARISH
10:35	BULLISH	BEARISH	BEARISH
10:30	BULLISH	BEARISH	BEARISH
10:25	BULLISH	BEARISH	BEARISH
10:20	BULLISH	BEARISH	BEARISH
10:15	BULLISH	BEARISH	BEARISH
10:10	BEARISH	BEARISH	BEARISH
10:05	BEARISH	BEARISH	BEARISH
10:00	BEARISH	BEARISH	BEARISH
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

🎯

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 34 of results (avg 6.9%, best 4.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$150.00	Sep 4	36.55	38.05	$37.30	4.0%	1	0.99	16
$151.00	Sep 18	35.80	37.30	$36.55	4.1%	--	0.97	299
$150.00	Sep 18	36.75	38.30	$37.53	4.1%	1	0.98	3.9K
$152.50	Sep 18	34.25	35.80	$35.03	4.4%	2	0.98	600
$155.00	Sep 18	31.90	33.35	$32.63	4.4%	--	0.99	2.8K

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Sep 25	22.15	23.85	$23.00	7.4%	10	1.00	10

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.57, cheapest $0.57)

CALLS (0)

No calls meet the criteria

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$170.00	Sep 18	0.52	0.62	$0.57	17.5%	60	0.09	4.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 151 found (avg delta 0.82, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$156.00	Aug 28	30.05	32.65	$31.35	8.3%	3	1.00	403
$157.00	Aug 28	29.40	31.60	$30.50	7.2%	16	1.00	210
$167.00	Aug 28	19.20	21.60	$20.40	11.8%	55	1.00	57
$157.50	Aug 28	28.90	31.10	$30.00	7.3%	437	1.00	207
$158.00	Aug 28	28.40	30.60	$29.50	7.5%	437	1.00	101

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$189.00	Aug 28	0.62	2.73	$1.68	125.6%	1	1.00	215
$190.00	Aug 28	1.66	3.85	$2.76	79.3%	4	1.00	26
$191.00	Aug 28	2.41	4.65	$3.53	63.5%	6	1.00	7
$197.00	Sep 4	8.60	10.70	$9.65	21.8%	3	1.00	1
$197.50	Sep 4	9.15	11.20	$10.18	20.1%	3	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 237 active (total vol 6.8K, top 1.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$157.50	Aug 28	28.90	31.10	$30.00	7.3%	437	1.00	207
$158.00	Aug 28	28.40	30.60	$29.50	7.5%	437	1.00	101
$189.00	Aug 28	0.04	0.35	$0.19	163.2%	134	0.17	482
$185.00	Aug 28	1.48	2.67	$2.08	57.2%	66	0.85	255
$167.00	Aug 28	19.20	21.60	$20.40	11.8%	55	1.00	57

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 18	0.81	1.09	$0.95	29.5%	1.7K	0.14	7.2K
$170.00	Sep 25	0.81	1.11	$0.96	31.3%	759	0.12	97
$178.00	Sep 18	1.26	1.50	$1.38	17.4%	316	0.20	8.5K
$185.00	Sep 4	1.44	1.81	$1.63	22.7%	306	0.36	71
$190.00	Sep 18	4.85	6.00	$5.43	21.2%	197	0.60	4.8K

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 96.1%, max 116.5%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$185.00	Aug 28	Oct 2	48.4%	22.3%	116.5%	66	275
$186.00	Aug 28	Sep 25	47.8%	23.3%	105.6%	12	140
$189.00	Aug 28	Oct 2	51.3%	25.0%	105.3%	135	495
$188.00	Aug 28	Sep 18	48.7%	23.8%	104.9%	25	487
$187.00	Aug 28	Oct 2	43.9%	22.4%	95.6%	28	994

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$186.00	Aug 28	Oct 2	47.8%	22.8%	109.8%	120	96
$185.00	Aug 28	Sep 25	48.4%	23.4%	106.8%	5	256
$187.00	Aug 28	Sep 11	43.9%	22.1%	98.7%	83	274
$188.00	Aug 28	Sep 25	48.7%	24.9%	95.2%	25	235
$187.50	Aug 28	Sep 18	40.4%	23.9%	69.1%	24	725

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 161 found (best R:R 0.58, avg 4.33)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$190.00	$191.00	Sep 18	$0.14	$0.86	$0.14	42%	6.14	$190.14
$185.00	$186.00	Sep 11	$0.37	$0.63	$0.37	62%	1.70	$185.37
$190.00	$191.00	Sep 11	$0.14	$0.86	$0.14	38%	6.14	$190.14
$189.00	$190.00	Oct 2	$0.23	$0.77	$0.23	46%	3.35	$189.23
$191.00	$194.00	Oct 2	$0.85	$2.15	$0.85	40%	2.53	$191.85

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$200.00	$186.00	Oct 2	$8.87	$5.13	$8.87	82%	0.58	$191.13
$189.00	$188.00	Aug 28	$0.22	$0.78	$0.22	100%	3.55	$188.78
$189.00	$188.00	Sep 4	$0.25	$0.75	$0.25	63%	3.00	$188.75
$190.00	$189.00	Sep 18	$0.28	$0.72	$0.28	60%	2.57	$189.72
$186.00	$185.00	Sep 18	$0.21	$0.79	$0.21	44%	3.76	$185.79

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 132 found (best R:R 0.49, avg 0.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$202.50	$205.00	Aug 28	$0.82	$0.82	$1.68	87%	0.49	$203.32
$187.50	$189.00	Oct 2	$1.15	$1.15	$0.35	50%	3.29	$188.65
$190.00	$191.00	Oct 2	$0.70	$0.70	$0.30	57%	2.33	$190.70
$192.50	$194.00	Sep 11	$0.63	$0.63	$0.87	72%	0.72	$193.13
$194.00	$195.00	Sep 4	$0.36	$0.36	$0.64	84%	0.56	$194.36

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$155.00	$150.00	Aug 28	$0.69	$0.69	$4.31	92%	0.16	$154.31
$182.50	$182.00	Aug 28	$0.23	$0.23	$0.27	87%	0.85	$182.27
$180.00	$179.00	Sep 18	$0.39	$0.39	$0.61	75%	0.64	$179.61
$170.00	$169.00	Sep 25	$0.24	$0.24	$0.76	88%	0.32	$169.76
$185.00	$184.00	Sep 18	$0.51	$0.51	$0.49	60%	1.04	$184.49

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $1.77, cheapest $1.78)

CALLS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$188.00	Aug 28	Sep 4	$1.78	48.7%	24.2%
$186.00	Aug 28	Sep 4	$1.81	47.8%	24.5%
$187.00	Aug 28	Sep 4	$1.97	43.9%	22.9%
$187.50	Aug 28	Sep 4	$1.90	40.4%	23.5%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$186.00	Aug 28	Sep 4	$1.59	47.8%	24.5%
$187.00	Aug 28	Sep 4	$1.58	43.9%	22.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 108 found (cheapest 0.77% of stock, avg 5.15%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$187.00	Aug 28	$0.72	$0.72	$1.44	$185.56	$188.44	0.77%
$187.50	Aug 28	$0.44	$1.10	$1.54	$185.96	$189.04	0.83%
$186.00	Aug 28	$1.31	$0.40	$1.71	$184.29	$187.71	0.92%
$188.00	Aug 28	$0.40	$1.46	$1.86	$186.14	$189.86	1.00%
$189.00	Aug 28	$0.19	$1.68	$1.87	$187.13	$190.87	1.00%
$185.00	Aug 28	$2.08	$0.17	$2.25	$182.75	$187.25	1.21%
$190.00	Aug 28	$0.03	$2.76	$2.79	$187.21	$192.79	1.50%
$191.00	Aug 28	$0.03	$3.53	$3.56	$187.44	$194.56	1.91%
$184.00	Aug 28	$3.59	$0.06	$3.65	$180.35	$187.65	1.96%
$183.00	Aug 28	$4.53	$0.11	$4.64	$178.36	$187.64	2.49%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.16% of stock, avg 2.75%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$189.00	$183.00	Aug 28	$0.19	$0.11	$0.30	$182.70	$189.30
$189.00	$185.00	Aug 28	$0.19	$0.17	$0.36	$184.64	$189.36
$189.00	$182.50	Aug 28	$0.19	$0.28	$0.47	$182.03	$189.47
$188.00	$183.00	Aug 28	$0.40	$0.11	$0.51	$182.49	$188.51
$188.00	$185.00	Aug 28	$0.40	$0.17	$0.57	$184.43	$188.57
$189.00	$186.00	Aug 28	$0.19	$0.40	$0.59	$185.41	$189.59
$187.50	$183.00	Aug 28	$0.44	$0.11	$0.55	$182.45	$188.05
$187.50	$185.00	Aug 28	$0.44	$0.17	$0.61	$184.39	$188.11
$188.00	$186.00	Aug 28	$0.40	$0.40	$0.80	$185.20	$188.80
$188.00	$182.50	Aug 28	$0.40	$0.28	$0.68	$181.82	$188.68

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 200 found (best R:R 0.43, avg credit $0.52)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
150/155	202/205	Aug 28	$1.51	$3.49	78%	0.43	$153.49	$204.01
182/182	202/205	Aug 28	$1.05	$1.45	73%	0.72	$181.45	$203.55
176/177	194/195	Sep 4	$0.48	$0.52	76%	0.92	$176.52	$194.48
179/180	194/195	Sep 18	$0.77	$0.23	47%	3.35	$179.23	$194.77
179/180	194/195	Sep 4	$0.53	$0.47	70%	1.13	$179.47	$194.53
184/185	202/205	Aug 28	$0.93	$1.57	71%	0.59	$184.07	$203.43
183/184	194/195	Sep 4	$0.66	$0.34	54%	1.94	$183.34	$194.66
150/151	194/195	Sep 18	$0.50	$0.50	69%	1.00	$150.50	$194.50
179/180	196/197	Sep 11	$0.54	$0.46	63%	1.17	$179.46	$196.54
177/178	196/197	Sep 11	$0.49	$0.51	68%	0.96	$177.51	$196.49

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 87 found (best R:R 10.11, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$188.00	$189.00	$190.00	Aug 28	$0.05	$0.95	26%	19.00
$200.00	$205.00	$210.00	Sep 25	$0.21	$4.79	11%	22.81
$195.00	$197.50	$200.00	Sep 18	$0.10	$2.40	13%	24.00
$185.00	$186.00	$187.00	Aug 28	$0.18	$0.82	34%	4.56
$200.00	$202.50	$205.00	Oct 2	$0.09	$2.41	8%	26.78

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$185.00	$186.00	$187.00	Aug 28	$0.09	$0.91	40%	10.11
$192.50	$195.00	$197.50	Sep 18	$0.18	$2.32	18%	12.89
$195.00	$197.50	$200.00	Sep 18	$0.18	$2.32	16%	12.89
$160.00	$165.00	$170.00	Oct 2	$0.14	$4.86	7%	34.71
$184.00	$185.00	$186.00	Aug 28	$0.12	$0.88	26%	7.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 142 found (best net $-5.87, 129 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$160.00	$171.00	1:2	Sep 4	-$5.87	$5.13
$172.50	$179.00	1:2	Sep 11	-$3.97	$2.53
$200.00	$205.00	1:2	Sep 25	$0.00	$5.00
$186.00	$187.00	1:2	Aug 28	-$0.13	$0.87
$184.00	$185.00	1:2	Aug 28	-$0.57	$0.43

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$197.00	$192.50	1:2	Sep 4	-$2.45	$2.05
$186.00	$180.00	1:2	Oct 2	-$0.78	$5.22
$190.00	$189.00	1:2	Aug 28	-$0.60	$0.40
$187.00	$186.00	1:2	Aug 28	-$0.08	$0.92
$180.00	$175.00	1:2	Oct 9	-$1.07	$3.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 76 found (best yield 2.76%, avg 0.90%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$187.50	Oct 2	$5.15	0.50	0.5%	2.76%	3.30%	--	15
$187.00	Oct 2	$5.35	0.51	0.3%	2.87%	3.14%	--	21
$189.00	Oct 2	$4.40	0.46	1.3%	2.36%	3.70%	1	13
$190.00	Oct 2	$3.95	0.43	1.9%	2.12%	3.99%	2	18
$195.00	Oct 9	$2.65	0.33	4.6%	1.42%	5.98%	2	1
$191.00	Oct 2	$3.50	0.40	2.4%	1.88%	4.29%	2	42
$187.00	Sep 25	$4.75	0.53	0.3%	2.55%	2.82%	--	72
$189.00	Sep 25	$3.80	0.47	1.3%	2.04%	3.38%	1	37
$194.00	Oct 2	$2.50	0.33	4.0%	1.34%	5.36%	5	4
$187.50	Sep 25	$4.35	0.51	0.5%	2.33%	2.87%	--	17

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 2,923

Total Puts 16,068

Put/Call Ratio 5.50

Net Difference -13,145

Prior's Put/Call Breakdown

Total Calls 11,673

Total Puts 10,072

Put/Call Ratio 0.86

Net Difference 1,601

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

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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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