XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$186.10 -1.33%

(8/28 12:20) ◀

Friday, August 28, 2026 (12:25pm)

▶ (8/28 12:30)

◀ 8/28 12:25 ▶

Option Volume

Detail

ℹ

Current (08/28 12:25pm) 20,427

Calls: 3,323 (16%)

Puts: 17,104 (84%)

Prior (08/27) 24,044

Calls: 11,955 (50%)

Puts: 12,089 (50%)

Current vs Prior -15.04%

Calls: -72.20% (Calls)

Puts: +41.48% (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 -18.93%

Calls: -64.28%

Puts: +7.61%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/28 12:25pm) $6.61M

Calls: $4.58M (69%)

Puts: $2.03M (31%)

Prior (08/27) $6.38M

Calls: $4.56M (71%)

Puts: $1.83M (29%)

Current vs Prior +3.60%

Calls: +0.62%

Puts: +11.05%

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 -53.13%

Calls: -48.05%

Puts: -61.60%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/28 12:25pm) 5.15

Prior (08/27) 1.01

Current vs Prior +409.01%

Prior 7-Day Average 1.78

Current vs Prior 7-Day Avg +188.55%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/28 12:25pm) 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 1.03% | 2.89%4.81% | 7.76%

Prior 1.70% | 3.28%5.13% | 7.69%

Current vs Prior -39.38% | -12.08%-6.30% | +0.93%

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

Current vs 7-Day Avg -54.64% | -25.91%+28.24% | +2.80%

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

Current vs 7-Day Eod -39.38% | -12.08%-6.30% | +0.93%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 144.12% | 27.05%

Calls: 52.25% | 23.90%

Puts: 236.00% | 30.19%

Prior 69.97% | 29.52%

Calls: 48.23% | 25.49%

Puts: 91.72% | 33.55%

Current vs Prior +105.97% | -8.37%

Prior 7-Day Avg 56.82% | 38.14%

Calls: 56.34% | 38.61%

Puts: 57.30% | 37.65%

Current vs 7-Day Avg +153.65% | -29.07%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 69% call dollar volume ($4.58M). Extreme bearish P/C ratio of 5.15 - heavy put buying. P/C ratio rising 409% - 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
12:25	BULLISH	BEARISH	BEARISH
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 6.8%, best 4.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$149.00	Sep 18	37.20	38.80	$38.00	4.2%	--	0.98	168
$150.00	Aug 28	35.75	37.30	$36.53	4.2%	--	0.93	63
$150.00	Sep 4	35.90	37.50	$36.70	4.4%	1	0.99	16
$160.00	Sep 18	26.35	27.55	$26.95	4.5%	--	0.97	683
$150.00	Sep 18	36.15	37.80	$36.97	4.5%	1	0.98	3.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$185.00	Sep 18	3.45	3.75	$3.60	8.3%	25	0.43	2.0K
$210.00	Sep 25	22.45	24.45	$23.45	8.5%	10	0.96	10
$190.00	Sep 18	5.80	6.35	$6.07	9.1%	197	0.62	4.8K
$200.00	Sep 4	13.00	14.25	$13.63	9.2%	7	1.00	--
$180.00	Sep 18	1.88	2.07	$1.98	9.6%	217	0.27	2.8K

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	28.75	30.30	$29.53	5.2%	16	1.00	210
$157.50	Aug 28	28.25	29.80	$29.03	5.3%	437	1.00	207
$158.00	Aug 28	27.75	29.30	$28.53	5.4%	437	1.00	101
$159.00	Aug 28	26.75	28.30	$27.53	5.6%	13	1.00	42

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$189.00	Aug 28	1.06	3.35	$2.21	103.6%	1	1.00	215
$190.00	Aug 28	2.15	4.25	$3.20	65.6%	4	1.00	26
$191.00	Aug 28	3.00	5.25	$4.13	54.5%	6	1.00	7
$200.00	Sep 4	13.00	14.25	$13.63	9.2%	7	1.00	--
$197.50	Sep 4	9.55	11.80	$10.68	21.1%	3	0.97	--

Most actively traded options today. High liquidity = easy entry/exit. 261 active (total vol 7.8K, top 1.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$157.50	Aug 28	28.25	29.80	$29.03	5.3%	437	1.00	207
$158.00	Aug 28	27.75	29.30	$28.53	5.4%	437	1.00	101
$189.00	Aug 28	0.02	0.09	$0.06	116.7%	138	0.07	482
$185.00	Sep 18	4.85	5.25	$5.05	7.9%	71	0.58	3.8K
$185.00	Aug 28	1.17	2.16	$1.67	59.3%	67	0.76	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	1.42	1.63	$1.53	13.7%	344	0.22	8.5K
$185.00	Sep 4	1.45	2.09	$1.77	36.2%	306	0.40	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 123.2%, max 155.0%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$188.00	Aug 28	Sep 25	62.9%	24.7%	155.0%	6	467
$185.00	Aug 28	Oct 2	49.2%	22.9%	114.9%	67	275
$187.00	Aug 28	Oct 2	49.5%	23.1%	114.6%	35	994
$187.50	Aug 28	Oct 2	55.6%	26.0%	114.0%	11	861
$186.00	Aug 28	Sep 25	44.3%	22.2%	99.0%	12	140

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$188.00	Aug 28	Sep 25	62.9%	24.7%	155.0%	35	235
$187.50	Aug 28	Sep 18	55.6%	23.5%	136.5%	26	725
$185.00	Aug 28	Sep 25	49.2%	21.2%	132.0%	108	256
$187.00	Aug 28	Sep 11	49.5%	22.3%	121.9%	83	274
$186.00	Aug 28	Oct 2	44.3%	23.4%	88.9%	150	96

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 155 found (best R:R 0.54, avg 4.11)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$185.00	$186.00	Sep 11	$0.12	$0.88	$0.12	61%	7.33	$185.12
$175.00	$176.00	Sep 4	$0.52	$0.48	$0.52	94%	0.92	$175.52
$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
$195.00	$197.00	Oct 2	$0.28	$1.72	$0.28	29%	6.14	$195.28

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$200.00	$186.00	Oct 2	$9.12	$4.88	$9.12	83%	0.54	$190.88
$189.00	$188.00	Aug 28	$0.41	$0.59	$0.41	100%	1.44	$188.59
$192.50	$190.00	Sep 18	$1.23	$1.27	$1.23	72%	1.03	$191.27
$190.00	$188.00	Sep 25	$0.70	$1.30	$0.70	60%	1.86	$189.30
$189.00	$188.00	Sep 4	$0.22	$0.78	$0.22	65%	3.55	$188.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 121 found (best R:R 0.74, avg 0.53)

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	$1.00	$1.00	$0.50	63%	2.00	$192.00
$190.00	$191.00	Oct 2	$0.80	$0.80	$0.20	57%	4.00	$190.80
$187.50	$189.00	Oct 2	$1.05	$1.05	$0.45	50%	2.33	$188.55
$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	$0.78	$0.78	$0.22	57%	3.55	$184.22
$180.00	$179.00	Sep 18	$0.48	$0.48	$0.52	73%	0.92	$179.52
$186.00	$185.00	Sep 25	$0.70	$0.70	$0.30	52%	2.33	$185.30
$182.50	$182.00	Sep 18	$0.38	$0.38	$0.12	66%	3.17	$182.12
$182.50	$182.00	Aug 28	$0.25	$0.25	$0.25	85%	1.00	$182.25

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $1.72, cheapest $1.59)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$187.00	Aug 28	Sep 4	$1.76	49.5%	24.3%
$186.00	Aug 28	Sep 4	$1.86	44.3%	23.0%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$187.00	Aug 28	Sep 4	$1.59	49.5%	24.3%
$186.00	Aug 28	Sep 4	$1.67	44.3%	23.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 115 found (cheapest 0.76% of stock, avg 5.14%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$186.00	Aug 28	$0.86	$0.55	$1.41	$184.59	$187.41	0.76%
$187.00	Aug 28	$0.48	$1.06	$1.54	$185.46	$188.54	0.83%
$187.50	Aug 28	$0.40	$1.31	$1.71	$185.79	$189.21	0.92%
$185.00	Aug 28	$1.67	$0.28	$1.95	$183.05	$186.95	1.05%
$188.00	Aug 28	$0.36	$1.80	$2.16	$185.84	$190.16	1.16%
$189.00	Aug 28	$0.06	$2.21	$2.27	$186.73	$191.27	1.22%
$184.00	Aug 28	$2.42	$0.11	$2.53	$181.47	$186.53	1.36%
$190.00	Aug 28	$0.03	$3.20	$3.23	$186.77	$193.23	1.74%
$183.00	Aug 28	$3.39	$0.10	$3.49	$179.51	$186.49	1.88%
$191.00	Aug 28	$0.03	$4.13	$4.16	$186.84	$195.16	2.24%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 0.09% of stock, avg 2.71%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$189.00	$183.00	Aug 28	$0.06	$0.10	$0.16	$182.84	$189.16
$189.00	$184.00	Aug 28	$0.06	$0.11	$0.17	$183.83	$189.17
$189.00	$182.50	Aug 28	$0.06	$0.28	$0.34	$182.16	$189.34
$189.00	$185.00	Aug 28	$0.06	$0.28	$0.34	$184.66	$189.34
$188.00	$184.00	Aug 28	$0.36	$0.11	$0.47	$183.53	$188.47
$188.00	$183.00	Aug 28	$0.36	$0.10	$0.46	$182.54	$188.46
$187.50	$184.00	Aug 28	$0.40	$0.11	$0.51	$183.49	$188.01
$188.00	$185.00	Aug 28	$0.36	$0.28	$0.64	$184.36	$188.64
$187.50	$183.00	Aug 28	$0.40	$0.10	$0.50	$182.50	$188.00
$188.00	$182.50	Aug 28	$0.36	$0.28	$0.64	$181.86	$188.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 220 found (best R:R 1.10, avg credit $0.47)

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	70%	1.10	$181.19	$203.81
150/151	194/195	Sep 18	$0.64	$0.36	70%	1.78	$150.36	$194.64
182/182	194/195	Sep 18	$0.90	$0.10	39%	9.00	$181.60	$194.90
178/178	194/195	Sep 18	$0.76	$0.24	52%	3.17	$177.24	$194.76
172/172	194/195	Sep 18	$0.64	$0.36	62%	1.78	$171.86	$194.64
184/185	202/205	Aug 28	$1.23	$1.27	60%	0.97	$183.77	$203.73
181/182	194/195	Sep 18	$0.81	$0.19	42%	4.26	$181.19	$194.81
176/177	194/195	Sep 18	$0.67	$0.33	55%	2.03	$176.33	$194.67
177/178	194/195	Sep 18	$0.64	$0.36	54%	1.78	$176.86	$194.64
179/180	193/194	Sep 18	$0.73	$0.27	44%	2.70	$179.27	$193.73

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 83 found (best R:R 24.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$200.00	$205.00	$210.00	Sep 25	$0.20	$4.80	11%	24.00
$190.00	$191.00	$192.00	Sep 4	$0.05	$0.95	10%	19.00
$155.00	$156.00	$157.00	Aug 28	$0.06	$0.94	8%	15.67
$202.50	$205.00	$207.50	Sep 18	$0.07	$2.43	4%	34.71
$194.00	$195.00	$196.00	Sep 4	$0.06	$0.94	5%	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$184.00	$185.00	$186.00	Aug 28	$0.10	$0.90	32%	9.00
$195.00	$197.50	$200.00	Sep 18	$0.12	$2.38	13%	19.83
$185.00	$186.00	$187.00	Aug 28	$0.24	$0.76	40%	3.17
$192.50	$195.00	$197.50	Sep 18	$0.18	$2.32	14%	12.89
$173.00	$174.00	$175.00	Sep 4	$0.06	$0.94	2%	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. 141 found (best net $-4.93, 131 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$160.00	$171.00	1:2	Sep 4	-$4.93	$6.07
$172.50	$179.00	1:2	Sep 11	-$3.13	$3.37
$185.00	$186.00	1:2	Aug 28	-$0.05	$0.95
$200.00	$205.00	1:2	Sep 25	-$0.01	$4.99
$186.00	$187.00	1:2	Aug 28	-$0.10	$0.90

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$186.00	$180.00	1:2	Oct 2	-$0.78	$5.22
$165.00	$160.00	1:2	Sep 25	-$0.12	$4.88
$180.00	$175.00	1:2	Oct 9	-$1.14	$3.86
$165.00	$160.00	1:2	Sep 4	-$0.04	$4.96
$170.00	$165.00	1:2	Oct 9	-$0.52	$4.48

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 76 found (best yield 2.71%, avg 0.85%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$187.00	Oct 2	$5.05	0.51	0.5%	2.71%	3.20%	--	21
$187.50	Oct 2	$4.75	0.50	0.8%	2.55%	3.30%	--	15
$190.00	Oct 2	$3.75	0.43	2.1%	2.02%	4.11%	2	18
$189.00	Oct 2	$4.00	0.45	1.6%	2.15%	3.71%	1	13
$195.00	Oct 9	$2.45	0.32	4.8%	1.32%	6.10%	2	1
$191.00	Oct 2	$3.30	0.39	2.6%	1.77%	4.41%	2	42
$187.50	Sep 25	$4.15	0.48	0.8%	2.23%	2.98%	--	17
$187.00	Sep 25	$4.35	0.49	0.5%	2.34%	2.82%	--	72
$194.00	Oct 2	$2.27	0.31	4.2%	1.22%	5.46%	7	4
$189.00	Sep 25	$3.45	0.43	1.6%	1.85%	3.41%	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 3,323

Total Puts 17,104

Put/Call Ratio 5.15

Net Difference -13,781

Prior's Put/Call Breakdown

Total Calls 11,955

Total Puts 12,089

Put/Call Ratio 1.01

Net Difference -134

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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