XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$183.40 -0.13%

(9/2 09:40) ◀

Wednesday, September 2, 2026 (9:45am)

▶ (9/2 09:50)

◀ 9/2 09:45 ▶

Option Volume

Detail

ℹ

Current (09/02 9:45am) 2,779

Calls: 395 (14%)

Puts: 2,384 (86%)

Prior (08/31) 2,122

Calls: 319 (15%)

Puts: 1,803 (85%)

Current vs Prior +30.96%

Calls: +23.82% (Calls)

Puts: +32.22% (Puts)

Prior 7-Day Total 182,188

Calls: 66,927 (37%)

Puts: 115,261 (63%)

Prior 7-Day Average 26,026

Calls: 9,561 (37%)

Puts: 16,465 (63%)

Current vs Prior 7-Day Avg -89.32%

Calls: -95.87%

Puts: -85.52%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/02 9:45am) $204.0K

Calls: $35.3K (17%)

Puts: $168.7K (83%)

Prior (08/31) $486.8K

Calls: $144.3K (30%)

Puts: $342.5K (70%)

Current vs Prior -58.09%

Calls: -75.53%

Puts: -50.75%

Prior 7-Day Total $128.49M

Calls: $89.76M (70%)

Puts: $38.73M (30%)

Prior 7-Day Average $18.36M

Calls: $12.82M (70%)

Puts: $5.53M (30%)

Current vs Prior 7-Day Avg -98.89%

Calls: -99.72%

Puts: -96.95%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/02 9:45am) 6.04

Prior (08/31) 5.65

Current vs Prior +6.78%

Prior 7-Day Average 1.98

Current vs Prior 7-Day Avg +204.62%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/02 9:45am) 768,134

Calls: 276,846 (36%)

Puts: 491,288 (64%)

Prior (08/31) 743,376

Calls: 267,719 (36%)

Puts: 475,657 (64%)

Current vs Prior +3.33%

Prior 7-Day Total 5,093,480

Calls: 1,883,670 (37%)

Puts: 3,209,810 (63%)

Prior 7-Day Average 727,640

Calls: 269,095 (37%)

Puts: 458,544 (63%)

Current vs Prior 7-Day Avg +5.57%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 2.23% | 3.39%4.47% | 7.31%

Prior 2.89% | 3.80%4.89% | 8.18%

Current vs Prior -22.73% | -10.77%-8.57% | -10.73%

Prior 7-Day Avg 2.48% | 3.83%5.02% | 8.03%

Current vs 7-Day Avg -10.14% | -11.34%-11.00% | -8.97%

Prior 7-Day Eod 2.89% | 3.80%4.89% | 8.18%

Current vs 7-Day Eod -22.73% | -10.77%-8.57% | -10.73%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 33.76% | 25.28%

Calls: 34.34% | 28.34%

Puts: 33.18% | 22.22%

Prior 117.05% | 53.95%

Calls: 136.96% | 31.31%

Puts: 97.14% | 76.60%

Current vs Prior -71.16% | -53.14%

Prior 7-Day Avg 60.74% | 42.81%

Calls: 63.12% | 37.36%

Puts: 58.36% | 48.26%

Current vs 7-Day Avg -44.42% | -40.95%

Liquidity Expensive

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Strong bearish conviction with 83% of dollar volume in puts ($168.7K) vs calls ($35.3K). Light premium activity with dollar volume down 58% vs prior. Extreme bearish P/C ratio of 6.04 - heavy put buying. Put-heavy open interest (491,288 puts vs 276,846 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 BEARISH

7-Day Avg BULLISH

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

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	BULLISH	BULLISH	BULLISH
09:35	BULLISH	BULLISH	BULLISH

📈 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

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Best Value <$1

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High Delta

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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 57 of results (avg 6.6%, best 2.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$150.00	Sep 18	33.25	34.10	$33.67	2.5%	--	1.00	3.9K
$160.00	Oct 16	24.50	25.45	$24.98	3.8%	--	0.89	19
$157.00	Sep 4	25.70	26.70	$26.20	3.8%	2	1.00	112
$157.50	Sep 4	25.25	26.25	$25.75	3.9%	2	1.00	115
$150.00	Sep 4	32.65	33.95	$33.30	3.9%	--	0.99	168

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Oct 16	16.90	17.85	$17.38	5.5%	--	0.84	158
$185.00	Sep 18	4.30	4.60	$4.45	6.7%	--	0.56	2.4K
$200.00	Oct 2	16.40	17.65	$17.02	7.3%	--	0.90	44
$195.00	Oct 16	12.75	13.90	$13.33	8.6%	--	0.76	13
$192.00	Sep 4	8.15	8.90	$8.53	8.8%	1	0.96	5

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. 138 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$157.00	Sep 11	25.80	27.15	$26.48	5.1%	--	1.00	18
$157.50	Sep 11	25.25	26.65	$25.95	5.4%	--	1.00	18
$162.50	Sep 11	20.35	21.70	$21.03	6.4%	--	1.00	10
$147.50	Sep 18	35.40	36.90	$36.15	4.1%	--	1.00	708
$149.00	Sep 18	33.50	35.35	$34.42	5.4%	--	1.00	168

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Sep 4	6.30	7.50	$6.90	17.4%	--	0.98	202
$192.00	Sep 4	8.15	8.90	$8.53	8.8%	1	0.96	5
$200.00	Sep 18	16.20	17.80	$17.00	9.4%	--	0.95	128
$191.00	Sep 4	7.20	8.45	$7.82	16.0%	--	0.95	61
$197.50	Sep 18	13.30	15.05	$14.18	12.3%	--	0.93	136

Most actively traded options today. High liquidity = easy entry/exit. 39 active (total vol 2.8K, top 2.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$187.00	Sep 4	0.32	0.47	$0.40	37.5%	319	0.19	146
$184.00	Sep 4	1.19	1.54	$1.37	25.5%	11	0.46	37
$185.00	Sep 4	0.79	1.10	$0.95	32.6%	11	0.36	757
$191.00	Oct 2	1.88	2.51	$2.19	28.8%	10	0.28	42
$200.00	Sep 25	0.19	0.38	$0.29	65.5%	5	0.06	133

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Sep 4	0.47	0.88	$0.68	60.3%	2.3K	0.23	2.7K
$183.00	Sep 4	1.27	1.55	$1.41	19.9%	12	0.45	81
$184.00	Sep 4	1.76	2.46	$2.11	33.2%	10	0.55	157
$159.00	Sep 4	0.02	0.03	$0.03	33.3%	4	0.01	30
$163.00	Sep 4	0.00	0.23	$0.12	191.7%	4	0.03	5

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 22 strikes (avg 21.2%, max 38.9%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$180.00	Sep 4	Oct 16	34.1%	24.6%	38.9%	--	381
$179.00	Sep 4	Oct 16	34.8%	25.1%	38.8%	--	32
$182.50	Sep 4	Sep 25	32.0%	23.6%	35.7%	--	234
$182.00	Sep 4	Oct 16	32.4%	24.2%	33.9%	--	76
$181.00	Sep 4	Oct 16	29.7%	24.4%	21.8%	--	77

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$180.00	Sep 4	Oct 16	34.1%	24.6%	38.9%	2.3K	2.9K
$179.00	Sep 4	Oct 16	34.8%	25.1%	38.8%	--	117
$182.50	Sep 4	Oct 9	32.0%	23.7%	35.0%	1	80
$182.00	Sep 4	Oct 16	32.4%	24.2%	33.9%	1	110
$181.00	Sep 4	Oct 16	29.7%	24.4%	21.8%	--	174

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 190 found (best R:R 0.54, avg 4.48)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$154.00	$155.00	Sep 18	$0.65	$0.35	$0.65	100%	0.54	$154.65
$180.00	$181.00	Oct 16	$0.44	$0.56	$0.44	60%	1.27	$180.44
$197.00	$199.00	Oct 16	$0.24	$1.76	$0.24	21%	7.33	$197.24
$189.00	$190.00	Oct 16	$0.30	$0.70	$0.30	38%	2.33	$189.30
$177.50	$179.00	Sep 18	$1.00	$0.50	$1.00	72%	0.50	$178.50

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$190.00	$186.00	Sep 25	$2.45	$1.55	$2.45	72%	0.63	$187.55
$181.00	$180.00	Sep 11	$0.16	$0.84	$0.16	37%	5.25	$180.84
$165.00	$160.00	Oct 2	$0.24	$4.76	$0.24	11%	19.83	$164.76
$187.00	$186.00	Oct 16	$0.42	$0.58	$0.42	57%	1.38	$186.58
$185.00	$184.00	Sep 18	$0.40	$0.60	$0.40	56%	1.50	$184.60

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 147 found (best R:R 1.56, avg 0.42)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$185.00	$186.00	Sep 25	$0.61	$0.61	$0.39	55%	1.56	$185.61
$200.00	$205.00	Oct 16	$0.62	$0.62	$4.38	84%	0.14	$200.62
$199.00	$200.00	Oct 16	$0.28	$0.28	$0.72	82%	0.39	$199.28
$186.00	$187.00	Oct 2	$0.53	$0.53	$0.47	57%	1.13	$186.53
$187.50	$188.00	Sep 4	$0.18	$0.18	$0.32	83%	0.56	$187.68

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$182.00	$181.00	Sep 4	$0.47	$0.47	$0.53	63%	0.89	$181.53
$177.50	$177.00	Sep 18	$0.26	$0.26	$0.24	72%	1.08	$177.24
$163.00	$160.00	Sep 4	$0.11	$0.11	$2.89	97%	0.04	$162.89
$180.00	$179.00	Sep 11	$0.39	$0.39	$0.61	67%	0.64	$179.61
$177.50	$177.00	Sep 25	$0.24	$0.24	$0.26	69%	0.92	$177.26

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $1.30, cheapest $0.95)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$182.50	Sep 4	Sep 18	$2.22	32.0%	23.5%
$182.00	Sep 4	Sep 18	$2.26	32.4%	24.1%
$183.00	Sep 4	Sep 11	$1.09	28.8%	24.2%
$184.00	Sep 4	Sep 11	$1.10	27.5%	24.6%
$185.00	Sep 4	Sep 11	$1.13	27.1%	24.8%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$182.00	Sep 4	Sep 11	$0.95	32.4%	23.2%
$182.50	Sep 4	Sep 11	$1.08	32.0%	23.9%
$183.00	Sep 4	Sep 11	$1.33	28.8%	24.2%
$184.00	Sep 4	Sep 11	$1.04	27.5%	24.6%
$185.00	Sep 4	Sep 11	$0.84	27.1%	24.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 101 found (cheapest 1.85% of stock, avg 5.51%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$183.00	Sep 4	$1.98	$1.41	$3.39	$179.61	$186.39	1.85%
$184.00	Sep 4	$1.37	$2.11	$3.48	$180.52	$187.48	1.90%
$182.50	Sep 4	$2.21	$1.38	$3.59	$178.91	$186.09	1.96%
$182.00	Sep 4	$2.52	$1.20	$3.72	$178.28	$185.72	2.03%
$185.00	Sep 4	$0.95	$2.79	$3.74	$181.26	$188.74	2.04%
$181.00	Sep 4	$3.19	$0.73	$3.92	$177.08	$184.92	2.14%
$186.00	Sep 4	$0.67	$3.43	$4.10	$181.90	$190.10	2.24%
$187.00	Sep 4	$0.40	$4.18	$4.58	$182.42	$191.58	2.50%
$180.00	Sep 4	$3.95	$0.68	$4.63	$175.37	$184.63	2.52%
$187.50	Sep 4	$0.37	$4.60	$4.97	$182.53	$192.47	2.71%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.57% of stock, avg 3.32%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$187.50	$180.00	Sep 4	$0.37	$0.68	$1.05	$178.95	$188.55
$187.00	$180.00	Sep 4	$0.40	$0.68	$1.08	$178.92	$188.08
$187.50	$181.00	Sep 4	$0.37	$0.73	$1.10	$179.90	$188.60
$187.00	$181.00	Sep 4	$0.40	$0.73	$1.13	$179.87	$188.13
$186.00	$181.00	Sep 4	$0.67	$0.73	$1.40	$179.60	$187.40
$186.00	$180.00	Sep 4	$0.67	$0.68	$1.35	$178.65	$187.35
$185.00	$181.00	Sep 4	$0.95	$0.73	$1.68	$179.32	$186.68
$185.00	$180.00	Sep 4	$0.95	$0.68	$1.63	$178.37	$186.63
$187.00	$182.00	Sep 4	$0.40	$1.20	$1.60	$180.40	$188.60
$187.50	$182.00	Sep 4	$0.37	$1.20	$1.57	$180.43	$189.07

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 222 found (best R:R 1.38, avg credit $0.48)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
179/180	191/192	Sep 11	$0.58	$0.42	54%	1.38	$179.42	$191.58
179/180	190/191	Sep 11	$0.56	$0.44	50%	1.27	$179.44	$190.56
179/180	188/189	Sep 11	$0.63	$0.37	42%	1.70	$179.37	$188.63
175/176	188/189	Sep 18	$0.58	$0.42	45%	1.38	$175.42	$188.58
177/178	188/189	Sep 18	$0.61	$0.39	40%	1.56	$176.89	$188.61
174/175	191/192	Oct 16	$0.63	$0.37	38%	1.70	$174.37	$191.63
175/176	191/192	Sep 11	$0.31	$0.69	69%	0.45	$175.69	$191.31
178/179	191/192	Sep 11	$0.41	$0.59	59%	0.69	$178.59	$191.41
175/176	189/190	Sep 18	$0.51	$0.49	49%	1.04	$175.49	$189.51
174/175	193/194	Oct 16	$0.57	$0.43	42%	1.33	$174.43	$193.57

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 80 found (best R:R 24.64, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$150.00	$160.00	$170.00	Oct 16	$0.39	$9.61	14%	24.64
$172.50	$175.00	$177.50	Sep 18	$0.06	$2.44	13%	40.67
$205.00	$210.00	$215.00	Oct 16	$0.09	$4.91	6%	54.56
$193.00	$195.00	$197.00	Oct 2	$0.06	$1.94	8%	32.33
$200.00	$205.00	$210.00	Sep 25	$0.10	$4.90	4%	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$155.00	$160.00	$165.00	Sep 25	$0.08	$4.92	5%	61.50
$150.00	$155.00	$160.00	Oct 16	$0.09	$4.91	5%	54.56
$167.50	$170.00	$172.50	Sep 18	$0.07	$2.43	7%	34.71
$150.00	$155.00	$160.00	Sep 25	$0.06	$4.94	3%	82.33
$160.00	$165.00	$170.00	Oct 16	$0.27	$4.73	11%	17.52

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 156 found (best net $-7.22, 149 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$160.00	$170.00	1:2	Oct 16	-$7.22	$2.78
$172.50	$177.00	1:2	Sep 11	-$3.37	$1.13
$180.00	$183.00	1:2	Sep 11	-$1.17	$1.83
$205.00	$210.00	1:2	Oct 16	-$0.09	$4.91
$200.00	$205.00	1:2	Sep 25	-$0.03	$4.97

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$180.00	$175.00	1:2	Oct 9	-$1.27	$3.73
$165.00	$160.00	1:2	Sep 25	-$0.23	$4.77
$169.00	$165.00	1:2	Sep 25	-$0.32	$3.68
$182.00	$181.00	1:2	Sep 4	-$0.26	$0.74
$170.00	$165.00	1:2	Oct 16	-$0.73	$4.27

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 82 found (best yield 3.00%, avg 0.87%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$185.00	Oct 16	$5.50	0.48	0.9%	3.00%	3.87%	1	111
$184.00	Oct 16	$5.95	0.50	0.3%	3.24%	3.57%	--	39
$186.00	Oct 16	$4.95	0.45	1.4%	2.70%	4.12%	2	23
$187.00	Oct 16	$4.50	0.43	2.0%	2.45%	4.42%	--	75
$188.00	Oct 16	$4.15	0.41	2.5%	2.26%	4.77%	2	160
$190.00	Oct 16	$3.40	0.36	3.6%	1.85%	5.45%	3	436
$189.00	Oct 16	$3.60	0.38	3.0%	1.96%	5.02%	--	13
$191.00	Oct 16	$2.93	0.33	4.1%	1.60%	5.74%	--	71
$192.00	Oct 16	$2.58	0.31	4.7%	1.41%	6.10%	--	92
$193.00	Oct 16	$2.28	0.29	5.2%	1.24%	6.48%	--	570

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 395

Total Puts 2,384

Put/Call Ratio 6.04

Net Difference -1,989

Prior's Put/Call Breakdown

Total Calls 319

Total Puts 1,803

Put/Call Ratio 5.65

Net Difference -1,484

Prior 7-Day Put/Call Summary

Total Calls 66,927

Total Puts 115,261

Average Put/Call Ratio 1.98

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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