XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$185.89 +0.11%

(8/31 09:40) ◀

Monday, August 31, 2026 (9:45am)

▶ (8/31 09:50)

◀ 8/31 09:45 ▶

Option Volume

Detail

ℹ

Current (08/31 9:45am) 2,122

Calls: 319 (15%)

Puts: 1,803 (85%)

Prior (08/28) 436

Calls: 232 (53%)

Puts: 204 (47%)

Current vs Prior +386.70%

Calls: +37.50% (Calls)

Puts: +783.82% (Puts)

Prior 7-Day Total 185,703

Calls: 60,881 (33%)

Puts: 124,822 (67%)

Prior 7-Day Average 26,529

Calls: 8,697 (33%)

Puts: 17,831 (67%)

Current vs Prior 7-Day Avg -92.00%

Calls: -96.33%

Puts: -89.89%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/31 9:45am) $486.8K

Calls: $144.3K (30%)

Puts: $342.5K (70%)

Prior (08/28) $131.9K

Calls: $101.3K (77%)

Puts: $30.6K (23%)

Current vs Prior +269.11%

Calls: +42.46%

Puts: +1019.95%

Prior 7-Day Total $104.19M

Calls: $62.38M (60%)

Puts: $41.81M (40%)

Prior 7-Day Average $14.88M

Calls: $8.91M (60%)

Puts: $5.97M (40%)

Current vs Prior 7-Day Avg -96.73%

Calls: -98.38%

Puts: -94.27%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (08/31 9:45am) 5.65

Prior (08/28) 0.88

Current vs Prior +542.78%

Prior 7-Day Average 2.32

Current vs Prior 7-Day Avg +143.84%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/31 9:45am) 743,376

Calls: 267,719 (36%)

Puts: 475,657 (64%)

Prior (08/28) 750,236

Calls: 279,434 (37%)

Puts: 470,802 (63%)

Current vs Prior -0.91%

Prior 7-Day Total 5,246,716

Calls: 1,957,706 (37%)

Puts: 3,289,010 (63%)

Prior 7-Day Average 749,530

Calls: 279,672 (37%)

Puts: 469,858 (63%)

Current vs Prior 7-Day Avg -0.82%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)

Current 2.68% | 3.73%4.51% | 7.43%

Prior 2.92% | 4.37%4.41% | 7.93%

Current vs Prior -8.03% | -14.75%+2.21% | -6.35%

Prior 7-Day Avg 2.40% | 3.95%4.09% | 7.68%

Current vs 7-Day Avg +11.76% | -5.72%+10.19% | -3.25%

Prior 7-Day Eod 2.92% | 4.37%4.41% | 7.93%

Current vs 7-Day Eod -8.03% | -14.75%+2.21% | -6.35%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 31.12% | 25.20%

Calls: 30.77% | 25.64%

Puts: 31.46% | 24.75%

Prior 39.08% | 58.16%

Calls: 51.27% | 68.72%

Puts: 26.89% | 47.61%

Current vs Prior -20.37% | -56.67%

Prior 7-Day Avg 55.88% | 39.81%

Calls: 57.13% | 38.88%

Puts: 54.63% | 40.74%

Current vs 7-Day Avg -44.30% | -36.70%

Liquidity Expensive

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Moderately bearish flow with 70% put dollar volume ($342.5K). Massive premium surge with dollar volume up 269% vs prior. Unusually high activity with volume up 387% vs prior - elevated interest. Extreme bearish P/C ratio of 5.65 - heavy put buying.

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
09:45	BEARISH	BEARISH	BEARISH
09:40	BEARISH	BEARISH	BEARISH
09:35	BULLISH	BEARISH	BEARISH

📈 Options Analysis

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💰 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

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Best Value <$1

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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 31 of results (avg 6.4%, best 3.4%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$157.00	Sep 4	28.65	29.65	$29.15	3.4%	6	0.99	5
$150.00	Sep 4	35.55	36.80	$36.17	3.5%	--	0.99	15
$149.00	Sep 18	36.75	38.15	$37.45	3.7%	--	0.98	168
$157.50	Sep 4	28.15	29.25	$28.70	3.8%	6	0.98	6
$150.00	Sep 18	35.75	37.25	$36.50	4.1%	4	0.98	3.9K

PUTS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 18	13.90	14.75	$14.33	5.9%	--	0.93	134
$210.00	Sep 18	23.05	24.80	$23.93	7.3%	4	1.00	7
$200.00	Oct 2	13.90	15.30	$14.60	9.6%	--	0.85	44
$195.00	Sep 18	9.15	10.10	$9.63	9.9%	--	0.82	447

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. 93 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$157.00	Sep 4	28.65	29.65	$29.15	3.4%	6	0.99	5
$160.00	Sep 4	25.45	27.30	$26.38	7.0%	--	0.99	22
$150.00	Sep 4	35.55	36.80	$36.17	3.5%	--	0.99	15
$156.00	Sep 4	29.35	31.30	$30.33	6.4%	--	0.98	10
$157.50	Sep 4	28.15	29.25	$28.70	3.8%	6	0.98	6

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Sep 18	23.05	24.80	$23.93	7.3%	4	1.00	7
$200.00	Sep 18	13.90	14.75	$14.33	5.9%	--	0.93	134
$197.50	Sep 18	10.95	12.45	$11.70	12.8%	--	0.89	136
$200.00	Oct 2	13.90	15.30	$14.60	9.6%	--	0.85	44
$191.00	Sep 4	4.65	5.95	$5.30	24.5%	--	0.83	61

Most actively traded options today. High liquidity = easy entry/exit. 56 active (total vol 546, top 70)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$196.00	Sep 25	0.98	1.43	$1.21	37.2%	70	0.20	8
$189.00	Sep 4	0.78	1.06	$0.92	30.4%	44	0.29	95
$190.00	Sep 4	0.57	0.97	$0.77	51.9%	40	0.24	187
$190.00	Sep 18	2.20	2.41	$2.31	9.1%	15	0.36	4.1K
$170.00	Sep 25	16.55	18.05	$17.30	8.7%	7	0.88	12

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$150.00	Sep 18	0.09	0.34	$0.22	113.6%	65	0.03	2.9K
$150.00	Sep 25	0.11	0.38	$0.25	108.0%	65	0.03	9
$184.00	Sep 4	1.21	1.60	$1.41	27.7%	64	0.36	84
$186.00	Sep 4	1.79	2.46	$2.13	31.5%	61	0.50	141
$181.00	Sep 4	0.57	0.70	$0.64	20.3%	6	0.19	121

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 28 strikes (avg 14.7%, max 26.2%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$180.00	Sep 4	Sep 25	31.5%	24.9%	26.2%	--	89
$182.50	Sep 4	Sep 25	29.3%	24.1%	21.4%	--	233
$182.00	Sep 4	Sep 25	29.2%	24.2%	20.6%	--	182
$184.00	Sep 4	Sep 25	28.3%	23.6%	20.0%	--	675
$183.00	Sep 4	Sep 25	29.0%	24.2%	19.9%	1	1.4K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$180.00	Sep 4	Oct 9	31.5%	25.3%	24.5%	--	650
$182.00	Sep 4	Sep 25	29.2%	24.2%	20.6%	3	288
$182.50	Sep 4	Oct 9	29.3%	24.3%	20.3%	6	40
$184.00	Sep 4	Sep 25	28.3%	23.6%	20.0%	64	248
$183.00	Sep 4	Oct 9	29.0%	24.5%	18.3%	2	56

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 140 found (best R:R 0.74, avg 4.66)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$191.00	$192.50	Sep 18	$0.26	$1.24	$0.26	31%	4.77	$191.26
$185.00	$186.00	Sep 18	$0.43	$0.57	$0.43	56%	1.33	$185.43
$189.00	$190.00	Sep 4	$0.15	$0.85	$0.15	29%	5.67	$189.15
$188.00	$189.00	Sep 11	$0.29	$0.71	$0.29	41%	2.45	$188.29
$187.00	$187.50	Oct 2	$0.15	$0.35	$0.15	48%	2.33	$187.15

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$200.00	$180.00	Oct 2	$11.52	$8.48	$11.52	85%	0.74	$188.48
$190.00	$186.00	Sep 25	$1.92	$2.08	$1.92	63%	1.08	$188.08
$174.00	$170.00	Oct 2	$0.45	$3.55	$0.45	20%	7.89	$173.55
$165.00	$160.00	Oct 2	$0.19	$4.81	$0.19	10%	25.32	$164.81
$181.00	$180.00	Sep 11	$0.10	$0.90	$0.10	26%	9.00	$180.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 115 found (best R:R 0.96, avg 0.40)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$190.00	$191.00	Sep 18	$0.49	$0.49	$0.51	64%	0.96	$190.49
$190.00	$191.00	Sep 4	$0.30	$0.30	$0.70	76%	0.43	$190.30
$191.00	$195.00	Oct 2	$1.28	$1.28	$2.72	63%	0.47	$192.28
$195.00	$196.00	Sep 25	$0.31	$0.31	$0.69	77%	0.45	$195.31
$188.00	$189.00	Sep 4	$0.42	$0.42	$0.58	64%	0.72	$188.42

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$180.00	$179.00	Sep 4	$0.25	$0.25	$0.75	84%	0.33	$179.75
$171.00	$170.00	Sep 4	$0.14	$0.14	$0.86	96%	0.16	$170.86
$178.00	$177.50	Sep 25	$0.23	$0.23	$0.27	74%	0.85	$177.77
$179.00	$178.00	Sep 11	$0.26	$0.26	$0.74	79%	0.35	$178.74
$176.00	$175.00	Sep 18	$0.23	$0.23	$0.77	82%	0.30	$175.77

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $0.98, cheapest $0.74)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$184.00	Sep 4	Sep 11	$0.95	28.3%	23.6%
$188.00	Sep 4	Sep 11	$0.86	27.3%	23.5%
$185.00	Sep 4	Sep 11	$1.04	27.0%	23.9%
$186.00	Sep 4	Sep 11	$1.08	26.3%	23.3%
$187.50	Sep 4	Sep 18	$1.90	27.4%	24.5%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$184.00	Sep 4	Sep 11	$0.74	28.3%	23.6%
$188.00	Sep 4	Sep 11	$0.78	27.3%	23.5%
$187.50	Sep 4	Sep 11	$0.75	27.4%	24.1%
$185.00	Sep 4	Sep 11	$0.91	27.0%	23.9%
$186.00	Sep 4	Sep 11	$0.90	26.3%	23.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 70 found (cheapest 2.32% of stock, avg 5.09%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$186.00	Sep 4	$2.19	$2.13	$4.32	$181.68	$190.32	2.32%
$187.00	Sep 4	$1.66	$2.67	$4.33	$182.67	$191.33	2.33%
$187.50	Sep 4	$1.53	$2.88	$4.41	$183.09	$191.91	2.37%
$188.00	Sep 4	$1.34	$3.22	$4.56	$183.44	$192.56	2.45%
$185.00	Sep 4	$2.86	$1.71	$4.57	$180.43	$189.57	2.46%
$189.00	Sep 4	$0.92	$3.88	$4.80	$184.20	$193.80	2.58%
$184.00	Sep 4	$3.55	$1.41	$4.96	$179.04	$188.96	2.67%
$183.00	Sep 4	$4.20	$1.12	$5.32	$177.68	$188.32	2.86%
$190.00	Sep 4	$0.77	$4.60	$5.37	$184.63	$195.37	2.89%
$182.50	Sep 4	$4.65	$0.99	$5.64	$176.86	$188.14	3.03%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 0.95% of stock, avg 2.90%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$190.00	$182.50	Sep 4	$0.77	$0.99	$1.76	$180.74	$191.76
$189.00	$182.50	Sep 4	$0.92	$0.99	$1.91	$180.59	$190.91
$190.00	$183.00	Sep 4	$0.77	$1.12	$1.89	$181.11	$191.89
$189.00	$183.00	Sep 4	$0.92	$1.12	$2.04	$180.96	$191.04
$190.00	$184.00	Sep 4	$0.77	$1.41	$2.18	$181.82	$192.18
$189.00	$184.00	Sep 4	$0.92	$1.41	$2.33	$181.67	$191.33
$188.00	$182.50	Sep 4	$1.34	$0.99	$2.33	$180.17	$190.33
$188.00	$183.00	Sep 4	$1.34	$1.12	$2.46	$180.54	$190.46
$188.00	$184.00	Sep 4	$1.34	$1.41	$2.75	$181.25	$190.75
$187.50	$182.50	Sep 4	$1.53	$0.99	$2.52	$179.98	$190.02

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 177 found (best R:R 0.79, avg credit $0.46)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
170/171	190/191	Sep 4	$0.44	$0.56	72%	0.79	$170.56	$190.44
179/180	190/191	Sep 4	$0.55	$0.45	60%	1.22	$179.45	$190.55
178/178	192/192	Sep 25	$0.39	$0.11	43%	3.55	$177.61	$192.39
178/178	192/193	Sep 25	$0.38	$0.12	45%	3.17	$177.62	$192.88
176/177	190/191	Sep 4	$0.43	$0.57	67%	0.75	$176.57	$190.43
178/179	191/192	Sep 11	$0.57	$0.43	52%	1.33	$178.43	$191.57
178/179	194/195	Sep 11	$0.40	$0.60	65%	0.67	$178.60	$194.40
181/182	190/191	Sep 4	$0.51	$0.49	52%	1.04	$181.49	$190.51
179/180	191/192	Sep 11	$0.52	$0.48	49%	1.08	$179.48	$191.52
178/179	190/191	Sep 11	$0.52	$0.48	48%	1.08	$178.48	$190.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 62 found (best R:R 26.78, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$197.50	$200.00	$202.50	Sep 18	$0.09	$2.41	7%	26.78
$205.00	$210.00	$215.00	Sep 25	$0.09	$4.91	3%	54.56
$200.00	$205.00	$210.00	Sep 25	$0.24	$4.76	8%	19.83
$188.00	$189.00	$190.00	Sep 18	$0.06	$0.94	8%	15.67
$200.00	$202.50	$205.00	Oct 2	$0.11	$2.39	7%	21.73

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$192.50	$195.00	$197.50	Sep 18	$0.09	$2.41	15%	26.78
$155.00	$160.00	$165.00	Sep 25	$0.07	$4.93	4%	70.43
$188.00	$189.00	$190.00	Sep 4	$0.06	$0.94	12%	15.67
$150.00	$155.00	$160.00	Sep 25	$0.06	$4.94	2%	82.33
$188.00	$189.00	$190.00	Sep 11	$0.05	$0.95	10%	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. 124 found (best net $-4.32, 116 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$160.00	$171.00	1:2	Sep 4	-$4.32	$6.68
$172.50	$179.00	1:2	Sep 11	-$2.39	$4.11
$191.00	$195.00	1:2	Oct 2	-$0.72	$3.28
$195.00	$197.50	1:2	Sep 18	-$0.13	$2.37
$205.00	$210.00	1:2	Sep 25	-$0.03	$4.97

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$210.00	$200.00	1:2	Sep 18	-$4.73	$5.27
$180.00	$173.00	1:2	Oct 9	-$0.40	$6.60
$170.00	$165.00	1:2	Oct 2	-$0.31	$4.69
$180.00	$179.00	1:2	Sep 4	-$0.06	$0.94
$165.00	$160.00	1:2	Sep 25	-$0.23	$4.77

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 63 found (best yield 2.37%, avg 0.85%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$187.50	Oct 2	$4.40	0.47	0.9%	2.37%	3.23%	--	15
$187.00	Oct 2	$4.50	0.48	0.6%	2.42%	3.02%	--	21
$189.00	Oct 2	$3.70	0.42	1.7%	1.99%	3.66%	--	14
$190.00	Oct 2	$3.30	0.40	2.2%	1.78%	3.99%	--	19
$191.00	Oct 2	$2.90	0.37	2.8%	1.56%	4.31%	--	42
$186.00	Sep 25	$4.45	0.50	0.1%	2.39%	2.45%	--	88
$187.00	Sep 25	$3.90	0.47	0.6%	2.10%	2.70%	--	72
$187.50	Sep 25	$3.65	0.46	0.9%	1.96%	2.83%	--	17
$189.00	Sep 25	$3.00	0.41	1.7%	1.61%	3.29%	--	37
$190.00	Sep 25	$2.56	0.37	2.2%	1.38%	3.59%	--	102

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 319

Total Puts 1,803

Put/Call Ratio 5.65

Net Difference -1,484

Prior's Put/Call Breakdown

Total Calls 232

Total Puts 204

Put/Call Ratio 0.88

Net Difference 28

Prior 7-Day Put/Call Summary

Total Calls 60,881

Total Puts 124,822

Average Put/Call Ratio 2.32

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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