XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$186.09 -1.34%

(8/28 12:15) ◀

Friday, August 28, 2026 (12:20pm)

▶ (8/28 12:25)

◀ 8/28 12:20 ▶

Option Volume

Detail

ℹ

Current (08/28 12:20pm) 20,267

Calls: 3,266 (16%)

Puts: 17,001 (84%)

Prior (08/27) 23,902

Calls: 11,875 (50%)

Puts: 12,027 (50%)

Current vs Prior -15.21%

Calls: -72.50% (Calls)

Puts: +41.36% (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 -19.57%

Calls: -64.89%

Puts: +6.96%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/28 12:20pm) $6.55M

Calls: $4.56M (70%)

Puts: $1.99M (30%)

Prior (08/27) $6.27M

Calls: $4.48M (71%)

Puts: $1.79M (29%)

Current vs Prior +4.46%

Calls: +1.66%

Puts: +11.49%

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 -53.59%

Calls: -48.38%

Puts: -62.28%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/28 12:20pm) 5.21

Prior (08/27) 1.01

Current vs Prior +413.97%

Prior 7-Day Average 1.78

Current vs Prior 7-Day Avg +191.82%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/28 12:20pm) 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 0.97% | 2.86%4.84% | 7.81%

Prior 1.70% | 3.28%5.13% | 7.69%

Current vs Prior -42.86% | -12.91%-5.78% | +1.48%

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

Current vs 7-Day Avg -57.24% | -26.60%+28.94% | +3.36%

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

Current vs 7-Day Eod -42.86% | -12.91%-5.78% | +1.48%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 130.88% | 29.26%

Calls: 47.75% | 23.90%

Puts: 214.00% | 34.62%

Prior 69.97% | 29.52%

Calls: 48.23% | 25.49%

Puts: 91.72% | 33.55%

Current vs Prior +87.05% | -0.88%

Prior 7-Day Avg 56.82% | 38.14%

Calls: 56.34% | 38.61%

Puts: 57.30% | 37.65%

Current vs 7-Day Avg +130.35% | -23.27%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 70% call dollar volume ($4.56M). Extreme bearish P/C ratio of 5.21 - heavy put buying. P/C ratio rising 414% - 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 NEUTRAL

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
12:20	BULLISH	BEARISH	BEARISH
12:15	BULLISH	BEARISH	BEARISH
12:10	BULLISH	BEARISH	BEARISH
12:05	BULLISH	BEARISH	BEARISH
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 51 of results (avg 6.3%, best 3.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Sep 18	26.50	27.55	$27.03	3.9%	--	0.97	683
$175.00	Sep 4	11.30	11.75	$11.53	3.9%	1	0.94	29
$185.00	Sep 18	5.00	5.20	$5.10	3.9%	71	0.58	3.8K
$150.00	Sep 4	36.00	37.50	$36.75	4.1%	1	0.99	16
$150.00	Aug 28	35.80	37.30	$36.55	4.1%	--	0.94	63

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Sep 25	22.45	24.25	$23.35	7.7%	10	0.96	10
$200.00	Sep 4	13.00	14.15	$13.58	8.5%	7	1.00	--
$190.00	Sep 18	5.75	6.30	$6.03	9.1%	197	0.62	4.8K

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. 154 found (avg delta 0.82, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$156.00	Aug 28	29.70	31.30	$30.50	5.2%	3	1.00	403
$157.00	Aug 28	28.85	30.30	$29.58	4.9%	16	1.00	210
$157.50	Aug 28	28.35	29.80	$29.08	5.0%	437	1.00	207
$158.00	Aug 28	27.85	29.30	$28.58	5.1%	437	1.00	101
$167.00	Aug 28	18.90	20.30	$19.60	7.1%	55	1.00	57

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$189.00	Aug 28	0.91	3.35	$2.13	114.6%	1	1.00	215
$190.00	Aug 28	2.15	4.15	$3.15	63.5%	4	1.00	26
$191.00	Aug 28	2.89	5.15	$4.02	56.2%	6	1.00	7
$200.00	Sep 4	13.00	14.15	$13.58	8.5%	7	1.00	--
$197.50	Sep 4	9.40	11.70	$10.55	21.8%	3	0.98	--

Most actively traded options today. High liquidity = easy entry/exit. 256 active (total vol 7.7K, top 1.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$157.50	Aug 28	28.35	29.80	$29.08	5.0%	437	1.00	207
$158.00	Aug 28	27.85	29.30	$28.58	5.1%	437	1.00	101
$189.00	Aug 28	0.03	0.10	$0.07	100.0%	135	0.08	482
$185.00	Sep 18	5.00	5.20	$5.10	3.9%	71	0.58	3.8K
$185.00	Aug 28	1.11	2.25	$1.68	67.9%	67	0.78	255

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Sep 18	0.91	1.17	$1.04	25.0%	1.7K	0.16	7.2K
$170.00	Sep 25	0.81	1.11	$0.96	31.3%	759	0.12	97
$178.00	Sep 11	0.73	1.02	$0.88	33.0%	568	0.17	10
$178.00	Sep 18	1.35	1.61	$1.48	17.6%	334	0.21	8.5K
$185.00	Sep 4	1.45	2.09	$1.77	36.2%	306	0.41	71

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 118.3%, max 153.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$188.00	Aug 28	Sep 25	61.0%	24.0%	153.8%	6	467
$187.00	Aug 28	Oct 2	51.8%	23.2%	123.8%	32	994
$187.50	Aug 28	Oct 2	53.8%	26.2%	105.0%	11	861
$185.00	Aug 28	Oct 2	45.8%	23.0%	98.9%	67	275
$186.00	Aug 28	Sep 25	42.5%	21.5%	97.2%	12	140

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$188.00	Aug 28	Sep 25	61.0%	24.0%	153.8%	31	235
$187.00	Aug 28	Sep 11	51.8%	22.2%	133.2%	83	274
$187.50	Aug 28	Sep 18	53.8%	23.7%	127.1%	26	725
$185.00	Aug 28	Sep 25	45.8%	21.8%	109.8%	84	256
$186.00	Aug 28	Oct 2	42.5%	23.5%	80.5%	150	96

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 152 found (best R:R 0.54, avg 4.26)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$175.00	$176.00	Sep 4	$0.48	$0.52	$0.48	94%	1.08	$175.48
$189.00	$190.00	Oct 2	$0.13	$0.87	$0.13	45%	6.69	$189.13
$180.00	$181.00	Sep 18	$0.45	$0.55	$0.45	74%	1.22	$180.45
$177.00	$177.50	Aug 28	$0.27	$0.23	$0.27	99%	0.85	$177.27
$180.00	$181.00	Sep 4	$0.60	$0.40	$0.60	84%	0.67	$180.60

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$200.00	$186.00	Oct 2	$9.07	$4.93	$9.07	84%	0.54	$190.93
$189.00	$188.00	Aug 28	$0.41	$0.59	$0.41	100%	1.44	$188.59
$192.50	$190.00	Sep 18	$1.22	$1.28	$1.22	72%	1.05	$191.28
$189.00	$188.00	Sep 4	$0.23	$0.77	$0.23	66%	3.35	$188.77
$170.00	$165.00	Oct 2	$0.29	$4.71	$0.29	14%	16.24	$169.71

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 123 found (best R:R 0.74, avg 0.52)

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
$191.00	$192.50	Sep 18	$0.95	$0.95	$0.55	63%	1.73	$191.95
$187.50	$189.00	Oct 2	$1.12	$1.12	$0.38	50%	2.95	$188.62
$190.00	$191.00	Oct 2	$0.80	$0.80	$0.20	57%	4.00	$190.80
$188.00	$189.00	Sep 11	$0.74	$0.74	$0.26	53%	2.85	$188.74

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$185.00	$184.00	Sep 18	$0.68	$0.68	$0.32	57%	2.13	$184.32
$180.00	$179.00	Sep 18	$0.46	$0.46	$0.54	73%	0.85	$179.54
$182.50	$182.00	Aug 28	$0.25	$0.25	$0.25	86%	1.00	$182.25
$182.50	$182.00	Sep 18	$0.35	$0.35	$0.15	66%	2.33	$182.15
$177.00	$176.00	Sep 4	$0.19	$0.19	$0.81	90%	0.23	$176.81

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $1.74, cheapest $1.60)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$187.50	Aug 28	Sep 4	$1.60	53.8%	24.2%
$187.00	Aug 28	Sep 4	$1.87	51.8%	26.0%
$186.00	Aug 28	Sep 4	$1.83	42.5%	23.0%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$187.00	Aug 28	Sep 4	$1.68	51.8%	26.0%
$186.00	Aug 28	Sep 4	$1.71	42.5%	23.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 115 found (cheapest 0.75% of stock, avg 5.14%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$186.00	Aug 28	$0.89	$0.51	$1.40	$184.60	$187.40	0.75%
$187.00	Aug 28	$0.54	$0.92	$1.46	$185.54	$188.46	0.78%
$187.50	Aug 28	$0.40	$1.28	$1.68	$185.82	$189.18	0.90%
$185.00	Aug 28	$1.68	$0.23	$1.91	$183.09	$186.91	1.03%
$188.00	Aug 28	$0.36	$1.72	$2.08	$185.92	$190.08	1.12%
$189.00	Aug 28	$0.07	$2.13	$2.20	$186.80	$191.20	1.18%
$184.00	Aug 28	$2.48	$0.11	$2.59	$181.41	$186.59	1.39%
$190.00	Aug 28	$0.03	$3.15	$3.18	$186.82	$193.18	1.71%
$183.00	Aug 28	$3.45	$0.10	$3.55	$179.45	$186.55	1.91%
$191.00	Aug 28	$0.03	$4.02	$4.05	$186.95	$195.05	2.18%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 0.10% of stock, avg 2.72%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$189.00	$184.00	Aug 28	$0.07	$0.11	$0.18	$183.82	$189.18
$189.00	$185.00	Aug 28	$0.07	$0.23	$0.30	$184.70	$189.30
$189.00	$182.50	Aug 28	$0.07	$0.28	$0.35	$182.15	$189.35
$188.00	$184.00	Aug 28	$0.36	$0.11	$0.47	$183.53	$188.47
$188.00	$185.00	Aug 28	$0.36	$0.23	$0.59	$184.41	$188.59
$187.50	$184.00	Aug 28	$0.40	$0.11	$0.51	$183.49	$188.01
$187.50	$185.00	Aug 28	$0.40	$0.23	$0.63	$184.37	$188.13
$188.00	$182.50	Aug 28	$0.36	$0.28	$0.64	$181.86	$188.64
$187.50	$182.50	Aug 28	$0.40	$0.28	$0.68	$181.82	$188.18
$189.00	$186.00	Aug 28	$0.07	$0.51	$0.58	$185.42	$189.58

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 217 found (best R:R 1.10, avg credit $0.49)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
182/182	202/205	Aug 28	$1.31	$1.19	71%	1.10	$181.19	$203.81
150/151	194/195	Sep 18	$0.62	$0.38	70%	1.63	$150.38	$194.62
184/185	202/205	Aug 28	$1.18	$1.32	63%	0.89	$183.82	$203.68
181/182	194/195	Sep 18	$0.83	$0.17	42%	4.88	$181.17	$194.83
182/182	194/195	Sep 18	$0.85	$0.15	39%	5.67	$181.65	$194.85
172/172	194/195	Sep 18	$0.62	$0.38	62%	1.63	$171.88	$194.62
178/178	194/195	Sep 18	$0.69	$0.31	52%	2.23	$177.31	$194.69
176/177	194/195	Sep 18	$0.65	$0.35	55%	1.86	$176.35	$194.65
176/177	190/191	Sep 4	$0.56	$0.44	61%	1.27	$176.44	$190.56
177/178	194/195	Sep 18	$0.62	$0.38	54%	1.63	$176.88	$194.62

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 81 found (best R:R 6.69, cheapest $0.06)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$200.00	$205.00	$210.00	Sep 25	$0.21	$4.79	11%	22.81
$202.50	$205.00	$207.50	Sep 18	$0.07	$2.43	4%	34.71
$162.50	$165.00	$167.50	Sep 18	$0.06	$2.44	3%	40.67
$200.00	$202.50	$205.00	Sep 11	$0.08	$2.42	4%	30.25
$205.00	$210.00	$215.00	Sep 25	$0.18	$4.82	6%	26.78

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$185.00	$186.00	$187.00	Aug 28	$0.13	$0.87	43%	6.69
$184.00	$185.00	$186.00	Aug 28	$0.16	$0.84	32%	5.25
$192.50	$195.00	$197.50	Sep 18	$0.18	$2.32	14%	12.89
$195.00	$197.50	$200.00	Sep 18	$0.17	$2.33	13%	13.71
$183.00	$184.00	$185.00	Sep 4	$0.06	$0.94	12%	15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 137 found (best net $-4.98, 128 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$160.00	$171.00	1:2	Sep 4	-$4.98	$6.02
$172.50	$179.00	1:2	Sep 11	-$3.21	$3.29
$185.00	$186.00	1:2	Aug 28	-$0.10	$0.90
$200.00	$205.00	1:2	Sep 25	$0.00	$5.00
$186.00	$187.00	1:2	Aug 28	-$0.19	$0.81

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$186.00	$180.00	1:2	Oct 2	-$0.78	$5.22
$187.00	$186.00	1:2	Aug 28	-$0.10	$0.90
$165.00	$160.00	1:2	Sep 25	-$0.14	$4.86
$180.00	$175.00	1:2	Oct 9	-$1.14	$3.86
$177.00	$176.00	1:2	Sep 4	$0.00	$1.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 76 found (best yield 2.63%, avg 0.86%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$187.50	Oct 2	$4.90	0.50	0.8%	2.63%	3.39%	--	15
$187.00	Oct 2	$5.05	0.51	0.5%	2.71%	3.20%	--	21
$190.00	Oct 2	$3.75	0.43	2.1%	2.02%	4.12%	2	18
$195.00	Oct 9	$2.45	0.33	4.8%	1.32%	6.10%	2	1
$189.00	Oct 2	$4.00	0.45	1.6%	2.15%	3.71%	1	13
$191.00	Oct 2	$3.30	0.40	2.6%	1.77%	4.41%	2	42
$187.50	Sep 25	$4.25	0.48	0.8%	2.28%	3.04%	--	17
$187.00	Sep 25	$4.35	0.50	0.5%	2.34%	2.83%	--	72
$194.00	Oct 2	$2.30	0.31	4.2%	1.24%	5.49%	5	4
$195.00	Oct 2	$2.07	0.30	4.8%	1.11%	5.90%	--	12

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 3,266

Total Puts 17,001

Put/Call Ratio 5.21

Net Difference -13,735

Prior's Put/Call Breakdown

Total Calls 11,875

Total Puts 12,027

Put/Call Ratio 1.01

Net Difference -152

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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