SPY - Options Database

SPY

State Street SPDR S&P 500 ETF Trust

$738.93 +0.10%

$738.66 (-0.04%)🌙

as of 07/25 01:45 AM

(7/24 16:23) ◀

Friday, July 24, 2026 (1:45am)

▶ (7/27 09:35)

◀ 7/24 01:45 ▶

Option Volume

Detail

ℹ

Current (07/24) 13,104,574

Calls: 5,820,498 (44%)

Puts: 7,284,076 (56%)

Prior (07/23) 13,282,847

Calls: 5,857,680 (44%)

Puts: 7,425,167 (56%)

Current vs Prior -1.34%

Calls: -0.63% (Calls)

Puts: -1.90% (Puts)

Prior 7-Day Total 86,676,253

Calls: 38,969,274 (45%)

Puts: 47,706,979 (55%)

Prior 7-Day Average 12,382,321

Calls: 5,567,039 (45%)

Puts: 6,815,282 (55%)

Current vs Prior 7-Day Avg +5.83%

Calls: +4.55%

Puts: +6.88%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/24) $1.67B

Calls: $462.39M (28%)

Puts: $1.21B (72%)

Prior (07/23) $1.79B

Calls: $761.90M (43%)

Puts: $1.03B (57%)

Current vs Prior -6.75%

Calls: -39.31%

Puts: +17.36%

Prior 7-Day Total $10.81B

Calls: $3.93B (36%)

Puts: $6.88B (64%)

Prior 7-Day Average $1.54B

Calls: $561.45M (36%)

Puts: $982.58M (64%)

Current vs Prior 7-Day Avg +8.15%

Calls: -17.64%

Puts: +22.89%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/24) 1.25

Prior (07/23) 1.27

Current vs Prior -1.27%

Prior 7-Day Average 1.23

Current vs Prior 7-Day Avg +1.83%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/24) 5,799,641

Calls: 1,442,696 (25%)

Puts: 4,356,945 (75%)

Prior (07/23) 7,710,684

Calls: 2,309,026 (30%)

Puts: 5,401,658 (70%)

Current vs Prior -24.78%

Prior 7-Day Total 55,999,706

Calls: 12,966,093 (29%)

Puts: 32,005,976 (71%)

Prior 7-Day Average 7,999,958

Calls: 2,161,015 (29%)

Puts: 5,334,329 (71%)

Current vs Prior 7-Day Avg -27.50%

Sentiment BULLISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (07/27) | Next (07/29)Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)

Current 0.79% | 1.36%1.86% | 2.49%3.48% | 5.01%

Prior 0.79% | 1.14%0.79% | 2.07%3.62% | 5.10%

Current vs Prior -0.60% | -9.25%+134.24% | +20.23%-3.91% | -1.70%

Prior 7-Day Avg 0.68% | 0.93%0.86% | 1.94%1.48% | 4.15%

Current vs 7-Day Avg +15.86% | +10.95%+116.56% | +28.28%+135.80% | +20.60%

Prior 7-Day Eod 0.79% | 1.14%0.79% | 2.07%3.62% | 5.10%

Current vs 7-Day Eod -0.60% | -9.25%+134.24% | +20.23%-3.91% | -1.70%

Sentiment BULLISHBEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 1.02% | 0.66%

Calls: 0.98% | 0.50%

Puts: 1.05% | 0.82%

Prior 1.19% | 0.93%

Calls: 1.12% | 1.03%

Puts: 1.26% | 0.83%

Current vs Prior -14.29% | -29.03%

Prior 7-Day Avg 1.64% | 1.31%

Calls: 1.43% | 1.09%

Puts: 2.09% | 1.79%

Current vs 7-Day Avg -37.61% | -49.55%

Liquidity Excellent

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🤖 AI Insights

Moderately bearish flow with 72% put dollar volume ($1.21B). Bearish P/C ratio of 1.25 indicates protective positioning. Put-heavy open interest (4,356,945 puts vs 1,442,696 calls) suggests hedging or bearish positioning. Declining open interest (down 25%) indicates positions being closed.

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 BEARISH

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg BEARISH

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

📈 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 2,048 of results (avg 2.4%, best 0.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$600.00	Jul 31	139.06	139.19	$139.13	0.1%	54	1.00	6.3K
$738.00	Aug 21	14.06	14.09	$14.08	0.2%	758	0.52	1.7K
$739.00	Aug 21	13.41	13.44	$13.43	0.2%	4.7K	0.50	632
$740.00	Jul 29	4.08	4.09	$4.09	0.2%	5.3K	0.45	793
$739.00	Aug 31	15.76	15.80	$15.78	0.3%	355	0.50	975

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$710.00	Aug 21	4.79	4.80	$4.80	0.2%	6.1K	0.21	45.9K
$738.00	Aug 21	11.26	11.29	$11.27	0.3%	13.0K	0.48	3.2K
$713.00	Aug 31	6.79	6.81	$6.80	0.3%	76	0.26	729
$738.00	Aug 14	9.88	9.91	$9.90	0.3%	2.4K	0.48	1.1K
$745.00	Aug 31	15.70	15.75	$15.73	0.3%	257	0.56	2.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 522 found (avg $0.37, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$749.00	Jul 27	0.05	0.06	$0.06	16.7%	32.9K	0.03	2.5K
$761.00	Jul 30	0.05	0.06	$0.06	16.7%	459	0.01	2.0K
$764.00	Jul 31	0.05	0.06	$0.06	16.7%	2.4K	0.01	2.3K
$769.00	Aug 4	0.05	0.06	$0.06	16.7%	93	0.01	58
$771.00	Aug 5	0.05	0.06	$0.06	16.7%	7	0.01	356

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$715.00	Jul 27	0.05	0.06	$0.06	16.7%	3.3K	0.01	1.4K
$716.00	Jul 27	0.05	0.06	$0.06	16.7%	3.1K	0.01	579
$670.00	Jul 29	0.05	0.06	$0.06	16.7%	38	0.01	236
$675.00	Jul 29	0.05	0.06	$0.06	16.7%	17	0.01	--
$650.00	Jul 30	0.05	0.06	$0.06	16.7%	8	0.01	126

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 832 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$625.00	Jul 27	111.90	115.35	$113.63	3.0%	29	1.00	--
$630.00	Jul 27	106.90	110.35	$108.63	3.2%	1	1.00	--
$655.00	Jul 27	81.91	85.36	$83.64	4.1%	1	1.00	1
$670.00	Jul 27	66.92	70.37	$68.65	5.0%	21	1.00	16
$675.00	Jul 27	61.92	65.37	$63.65	5.4%	3	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$885.00	Jul 28	144.75	148.20	$146.48	2.4%	1	1.00	--
$815.00	Jul 29	74.77	78.19	$76.48	4.5%	1	1.00	--
$820.00	Jul 29	79.75	83.19	$81.47	4.2%	1	1.00	--
$830.00	Jul 29	89.75	93.19	$91.47	3.8%	1	1.00	--
$835.00	Jul 29	94.75	98.19	$96.47	3.6%	1	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 2,607 active (total vol 3.7M, top 86.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$740.00	Jul 27	1.92	1.94	$1.93	1.0%	80.3K	0.41	5.6K
$745.00	Jul 27	0.34	0.35	$0.35	2.9%	71.9K	0.12	5.1K
$743.00	Jul 27	0.76	0.78	$0.77	2.6%	67.8K	0.23	1.8K
$742.00	Jul 27	1.08	1.09	$1.09	0.9%	67.6K	0.28	2.5K
$739.00	Jul 27	2.45	2.46	$2.46	0.4%	63.3K	0.47	4.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$739.00	Jul 27	2.78	2.80	$2.79	0.7%	86.3K	0.53	2.4K
$738.00	Jul 27	2.36	2.38	$2.37	0.8%	82.1K	0.47	2.5K
$740.00	Jul 27	3.23	3.31	$3.27	2.4%	71.0K	0.59	4.4K
$735.00	Jul 27	1.43	1.45	$1.44	1.4%	57.2K	0.31	3.2K
$737.00	Jul 27	2.00	2.02	$2.01	1.0%	54.5K	0.41	2.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 155 strikes (avg 41.1%, max 154.5%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$800.00	Jul 27	Sep 4	28.0%	11.0%	154.5%	37	1.4K
$850.00	Jul 27	Aug 14	48.0%	19.0%	152.6%	1.3K	1.4K
$789.00	Jul 27	Sep 4	24.0%	11.0%	118.2%	3	--
$815.00	Jul 29	Aug 28	26.0%	12.0%	116.7%	25	42
$805.00	Jul 30	Sep 4	23.0%	11.0%	109.1%	1.3K	100

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$655.00	Jul 27	Sep 4	46.0%	25.0%	84.0%	1.8K	188
$800.00	Jul 31	Aug 21	20.0%	11.0%	81.8%	101	--
$640.00	Jul 27	Sep 4	49.0%	27.0%	81.5%	5	89
$645.00	Jul 27	Sep 4	47.0%	26.0%	80.8%	141	25
$595.00	Jul 29	Sep 4	61.0%	34.0%	79.4%	23	--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,050 found (best R:R 408.09, avg 4.90)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$790.00	$795.00	Aug 28	$0.11	$4.89	$0.11	44.45	$790.11
$785.00	$790.00	Aug 28	$0.19	$4.81	$0.19	25.32	$785.19
$785.00	$787.00	Sep 4	$0.14	$1.86	$0.14	13.29	$785.14
$754.00	$755.00	Jul 30	$0.10	$0.90	$0.10	9.00	$754.10
$758.00	$759.00	Aug 3	$0.10	$0.90	$0.10	9.00	$758.10

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$645.00	$600.00	Aug 5	$0.11	$44.89	$0.11	408.09	$644.89
$675.00	$655.00	Aug 4	$0.13	$19.87	$0.13	152.85	$674.87
$605.00	$595.00	Aug 28	$0.10	$9.90	$0.10	99.00	$604.90
$690.00	$685.00	Aug 4	$0.10	$4.90	$0.10	49.00	$689.90
$650.00	$645.00	Aug 21	$0.10	$4.90	$0.10	49.00	$649.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,419 found (best R:R 575.92, avg 2.88)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$620.00	$695.00	Jul 29	$74.87	$74.87	$0.13	575.92	$694.87
$605.00	$645.00	Aug 7	$39.78	$39.78	$0.22	180.82	$644.78
$650.00	$670.00	Aug 7	$19.78	$19.78	$0.22	89.91	$669.78
$700.00	$709.00	Jul 28	$8.87	$8.87	$0.13	68.23	$708.87
$700.00	$708.00	Jul 29	$7.88	$7.88	$0.12	65.67	$707.88

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$767.00	$760.00	Jul 29	$6.83	$6.83	$0.17	40.18	$760.17
$768.00	$760.00	Jul 28	$7.80	$7.80	$0.20	39.00	$760.20
$770.00	$758.00	Aug 4	$11.65	$11.65	$0.35	33.29	$758.35
$772.00	$764.00	Aug 14	$7.74	$7.74	$0.26	29.77	$764.26
$776.00	$771.00	Aug 28	$4.74	$4.74	$0.26	18.23	$771.26

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 187 found (avg debit $0.82, cheapest $0.05)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$752.00	Jul 27	Jul 28	$0.05	8.0%	8.0%
$798.00	Jul 31	Aug 21	$0.06	19.0%	11.0%
$799.00	Jul 31	Aug 21	$0.06	20.0%	11.0%
$751.00	Jul 27	Jul 28	$0.07	8.0%	8.0%
$796.00	Jul 31	Aug 21	$0.07	19.0%	11.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$703.00	Jul 27	Jul 28	$0.05	21.0%	21.0%
$704.00	Jul 27	Jul 28	$0.05	21.0%	20.0%
$707.00	Jul 27	Jul 28	$0.06	20.0%	19.0%
$708.00	Jul 27	Jul 28	$0.07	19.0%	19.0%
$709.00	Jul 27	Jul 28	$0.08	19.0%	19.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 821 found (cheapest 0.70% of stock, avg 4.04%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$740.00	Jul 27	$1.93	$3.27	$5.20	$734.80	$745.20	0.70%
$739.00	Jul 27	$2.46	$2.79	$5.25	$733.75	$744.25	0.71%
$741.00	Jul 27	$1.48	$3.81	$5.29	$735.71	$746.29	0.72%
$738.00	Jul 27	$3.04	$2.37	$5.41	$732.59	$743.41	0.73%
$742.00	Jul 27	$1.09	$4.43	$5.52	$736.48	$747.52	0.75%
$737.00	Jul 27	$3.69	$2.01	$5.70	$731.30	$742.70	0.77%
$743.00	Jul 27	$0.77	$5.11	$5.88	$737.12	$748.88	0.80%
$736.00	Jul 27	$4.37	$1.71	$6.08	$729.92	$742.08	0.82%
$744.00	Jul 27	$0.53	$5.87	$6.40	$737.60	$750.40	0.87%
$735.00	Jul 27	$5.12	$1.44	$6.56	$728.44	$741.56	0.89%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 375 found (cheapest 0.27% of stock, avg 2.05%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$743.00	$734.00	Jul 27	$0.77	$1.21	$1.98	$732.02	$744.98
$743.00	$735.00	Jul 27	$0.77	$1.44	$2.21	$732.79	$745.21
$742.00	$734.00	Jul 27	$1.09	$1.21	$2.30	$731.70	$744.30
$742.00	$735.00	Jul 27	$1.09	$1.44	$2.53	$732.47	$744.53
$743.00	$736.00	Jul 27	$0.77	$1.71	$2.48	$733.52	$745.48
$741.00	$734.00	Jul 27	$1.48	$1.21	$2.69	$731.31	$743.69
$742.00	$736.00	Jul 27	$1.09	$1.71	$2.80	$733.20	$744.80
$743.00	$737.00	Jul 27	$0.77	$2.01	$2.78	$734.22	$745.78
$741.00	$735.00	Jul 27	$1.48	$1.44	$2.92	$732.08	$743.92
$740.00	$734.00	Jul 27	$1.93	$1.21	$3.14	$730.86	$743.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 544 found (best R:R 49.00, avg credit $3.07)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
670/675	695/700	Aug 14	$4.90	$0.10	49.00	$670.10	$699.90
665/670	695/700	Aug 14	$4.88	$0.12	40.67	$665.12	$699.88
630/635	648/657	Aug 31	$8.77	$0.23	38.13	$626.23	$656.77
680/685	693/698	Aug 7	$4.87	$0.13	37.46	$680.13	$697.87
595/605	615/685	Aug 28	$67.50	$2.50	27.00	$537.50	$682.50
695/700	705/711	Aug 3	$5.76	$0.24	24.00	$694.24	$710.76
660/665	670/675	Sep 4	$4.79	$0.21	22.81	$660.21	$674.79
645/650	659/675	Aug 31	$15.31	$0.69	22.19	$634.69	$674.31
630/635	659/675	Aug 31	$15.27	$0.73	20.92	$619.73	$674.27
690/695	705/711	Aug 3	$5.72	$0.28	20.43	$689.28	$710.72

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 153 found (best R:R 141.86, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$605.00	$615.00	$625.00	Jul 31	$0.07	$9.93	141.86
$785.00	$790.00	$795.00	Aug 28	$0.08	$4.92	61.50
$690.00	$695.00	$700.00	Aug 31	$0.17	$4.83	28.41
$723.00	$725.00	$727.00	Aug 3	$0.08	$1.92	24.00
$718.00	$719.00	$720.00	Jul 27	$0.05	$0.95	19.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$690.00	$695.00	$700.00	Aug 5	$0.05	$4.95	99.00
$675.00	$680.00	$685.00	Aug 14	$0.05	$4.95	99.00
$680.00	$685.00	$690.00	Aug 28	$0.05	$4.95	99.00
$690.00	$695.00	$700.00	Aug 6	$0.06	$4.94	82.33
$680.00	$685.00	$690.00	Sep 4	$0.06	$4.94	82.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 743 found (best net $-0.01, 736 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$800.00	$850.00	1:2	Jul 27	-$0.01	$49.99
$790.00	$820.00	1:2	Aug 6	$0.00	$30.00
$775.00	$805.00	1:2	Jul 30	-$0.02	$29.98
$781.00	$810.00	1:2	Jul 29	-$0.01	$28.99
$780.00	$805.00	1:2	Aug 4	$0.00	$25.00

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$635.00	$600.00	1:2	Aug 4	-$0.03	$34.97
$620.00	$595.00	1:2	Jul 29	-$0.02	$24.98
$630.00	$605.00	1:2	Aug 6	-$0.06	$24.94
$660.00	$640.00	1:2	Jul 29	-$0.01	$19.99
$655.00	$635.00	1:2	Jul 28	-$0.02	$19.98

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 409 found (best yield 2.32%, avg 0.57%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$739.00	Sep 4	$17.15	0.51	0.0%	2.32%	2.33%	88	64
$740.00	Sep 4	$16.50	0.49	0.1%	2.23%	2.38%	86	35
$741.00	Sep 4	$15.87	0.48	0.3%	2.15%	2.43%	75	30
$739.00	Aug 31	$15.76	0.50	0.0%	2.13%	2.14%	355	975
$739.00	Aug 28	$15.35	0.51	0.0%	2.08%	2.09%	246	29
$742.00	Sep 4	$15.24	0.48	0.4%	2.06%	2.48%	77	138
$740.00	Aug 31	$15.12	0.49	0.1%	2.05%	2.19%	1.1K	2.5K
$740.00	Aug 28	$14.71	0.49	0.1%	1.99%	2.14%	1.5K	438
$743.00	Sep 4	$14.62	0.47	0.6%	1.98%	2.53%	18	23
$741.00	Aug 31	$14.48	0.48	0.3%	1.96%	2.24%	413	357

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 5,820,498

Total Puts 7,284,076

Put/Call Ratio 1.25

Net Difference -1,463,578

Prior's Put/Call Breakdown

Total Calls 5,857,680

Total Puts 7,425,167

Put/Call Ratio 1.27

Net Difference -1,567,487

Prior 7-Day Put/Call Summary

Total Calls 38,969,274

Total Puts 47,706,979

Average Put/Call Ratio 1.23

Ratio Trend Falling

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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📈 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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