Tour v452
SPY
State Street SPDR S&P 500 ETF Trust
$741.44 +0.32%
(7/28 15:05) ◀
|
Tuesday, July 28, 2026 (3:12pm)
January 2026
|
▶ (7/28 15:15)
◀ 7/28 15:12 ▶

Option Volume

Detail
ℹ
Current (07/28) 10,428,490
Calls: 4,755,124 (46%)
Puts: 5,673,366 (54%)
Prior (07/27) 13,171,871
Calls: 6,520,321 (50%)
Puts: 6,651,550 (50%)
Current vs Prior -20.83%
Calls: -27.07% (Calls)
Puts: -14.71% (Puts)
Prior 7-Day Total 64,399,524
Calls: 29,230,713 (45%)
Puts: 35,168,811 (55%)
Prior 7-Day Average 10,733,254
Calls: 4,175,816 (45%)
Puts: 5,024,115 (55%)
Current vs Prior 7-Day Avg -2.84%
Calls: +13.87%
Puts: +12.92%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/28) $1.36B
Calls: $827.29M (61%)
Puts: $537.28M (39%)
Prior (07/27) $1.60B
Calls: $640.75M (40%)
Puts: $964.13M (60%)
Current vs Prior -14.97%
Calls: +29.11%
Puts: -44.27%
Prior 7-Day Total $8.61B
Calls: $3.33B (39%)
Puts: $5.28B (61%)
Prior 7-Day Average $1.43B
Calls: $475.72M (39%)
Puts: $753.72M (61%)
Current vs Prior 7-Day Avg -4.86%
Calls: +73.90%
Puts: -28.72%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/28) 1.19
Prior (07/27) 1.02
Current vs Prior +16.96%
Prior 7-Day Average 1.23
Current vs Prior 7-Day Avg -2.68%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/28) 7,739,069
Calls: 2,264,374 (29%)
Puts: 5,474,695 (71%)
Prior (07/27) 7,554,153
Calls: 2,204,257 (29%)
Puts: 5,349,896 (71%)
Current vs Prior +2.45%
Prior 7-Day Total 42,341,822
Calls: 12,332,810 (29%)
Puts: 30,009,012 (71%)
Prior 7-Day Average 7,056,970
Calls: 2,055,468 (29%)
Puts: 5,001,502 (71%)
Current vs Prior 7-Day Avg +9.67%
Sentiment BULLISH

Expected Move

Detail
ℹ
Expiry (07/28) | Next (07/29)Expiry (07/29) | Next (07/31)Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 0.24% | 0.90%0.90% | 1.49%1.49% | 2.18%3.17% | 4.71%
Prior 0.70% | 1.11%0.18% | 1.11%1.64% | 2.31%3.29% | 4.82%
Current vs Prior -66.45% | -18.65%+405.94% | +33.80%-9.44% | -5.74%-3.59% | -2.17%
Prior 7-Day Avg 0.71% | 1.00%0.47% | 1.08%1.26% | 2.14%2.32% | 4.46%
Current vs 7-Day Avg -66.75% | -9.43%+90.59% | +37.52%+17.74% | +1.83%+36.70% | +5.66%
Prior 7-Day Eod 0.70% | 1.11%0.18% | 1.11%1.64% | 2.31%3.29% | 4.82%
Current vs 7-Day Eod -66.45% | -18.65%+405.94% | +33.80%-9.44% | -5.74%-3.59% | -2.17%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 1.70% | 0.29%
Calls: 1.18% | 0.29%
Puts: 2.22% | 0.30%
Prior 1.68% | 0.73%
Calls: 0.82% | 0.75%
Puts: 2.54% | 0.71%
Current vs Prior +1.19% | -60.27%
Prior 7-Day Avg 1.68% | 1.04%
Calls: 1.30% | 0.98%
Puts: 2.06% | 1.10%
Current vs 7-Day Avg +1.09% | -72.07%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bullish flow with 61% call dollar volume ($827.29M). Slightly bearish P/C ratio of 1.19. Put-heavy open interest (5,474,695 puts vs 2,264,374 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 BEARISH
7-Day Avg BEARISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg 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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 2,348 of results (avg 2.0%, best 0.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31141.82141.87$141.850.0%3061.006.3K
$700.00Jul 3141.9942.04$42.020.1%1720.986.7K
$690.00Aug 2155.5055.59$55.550.2%720.905.6K
$700.00Aug 2146.2046.29$46.250.2%1.7K0.877.6K
$744.00Sep 414.6714.70$14.680.2%30.4880
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$743.00Jul 315.705.71$5.710.2%2.9K0.5442.8K
$742.00Jul 315.265.27$5.270.2%4.6K0.519.0K
$741.00Jul 314.854.86$4.860.2%5.5K0.483.6K
$740.00Jul 314.464.47$4.470.2%21.3K0.4560.3K
$747.00Aug 2112.7012.73$12.720.2%2340.563.8K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 561 found (avg $0.40, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$761.00Jul 310.050.06$0.0616.7%1.8K0.029.4K
$763.00Aug 30.050.06$0.0616.7%4640.024.0K
$765.00Aug 40.050.06$0.0616.7%270.01329
$770.00Aug 60.050.06$0.0616.7%470.01825
$773.00Aug 70.050.06$0.0616.7%170.01844
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$739.00Jul 280.050.06$0.0616.7%332.1K0.076.3K
$719.00Jul 290.050.06$0.0616.7%11.1K0.018.7K
$703.00Jul 300.050.06$0.0616.7%250.011.1K
$704.00Jul 300.050.06$0.0616.7%400.01288
$685.00Jul 310.050.06$0.0616.7%3520.014.7K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,074 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$670.00Jul 2869.7972.84$71.324.3%101.0016
$675.00Jul 2865.1167.81$66.464.1%21.002
$680.00Jul 2860.4462.81$61.633.8%31.0011
$690.00Jul 2850.5452.79$51.674.4%--1.0027
$700.00Jul 2841.3641.57$41.470.5%1061.006
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$754.00Jul 2911.3013.82$12.5620.1%71.001
$755.00Jul 2912.3014.82$13.5618.6%81.0010
$756.00Jul 2913.3015.82$14.5617.3%41.00--
$757.00Jul 2914.3016.82$15.5616.2%241.00--
$758.00Jul 2915.2917.96$16.6316.1%131.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,584 active (total vol 10.4M, top 663.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$742.00Jul 280.340.35$0.352.9%663.6K0.358.0K
$741.00Jul 280.840.85$0.851.2%472.3K0.625.3K
$743.00Jul 280.120.13$0.137.7%462.8K0.169.7K
$740.00Jul 281.581.60$1.591.3%386.3K0.8212.3K
$744.00Jul 280.040.05$0.0520.0%297.2K0.067.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$741.00Jul 280.390.40$0.402.5%599.9K0.384.2K
$740.00Jul 280.150.16$0.166.3%560.4K0.189.8K
$737.00Jul 280.010.02$0.0250.0%391.0K0.029.0K
$736.00Jul 280.010.02$0.0250.0%388.1K0.027.4K
$738.00Jul 280.020.03$0.0333.3%339.3K0.038.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 353 strikes (avg 428.6%, max 2516.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$870.00Jul 28Sep 4446.7%17.1%2516.0%--502
$860.00Jul 28Sep 4416.9%16.5%2427.7%550590
$850.00Jul 28Aug 31386.6%15.7%2365.6%33.0K
$840.00Jul 28Sep 4355.7%14.8%2304.9%8520
$865.00Jul 28Aug 28431.9%18.3%2257.4%--355
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$600.00Jul 28Sep 4587.3%34.1%1621.5%3341
$605.00Jul 28Aug 31565.7%33.9%1571.1%--21.4K
$615.00Jul 28Sep 4523.0%31.8%1544.0%30671
$620.00Jul 28Sep 4501.9%31.1%1515.6%2363
$625.00Jul 28Sep 4480.8%30.3%1486.6%45138

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 988 found (best R:R 89.91, avg 4.15)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$790.00$795.00Aug 28$0.11$4.89$0.1144.45$790.11
$770.00$775.00Aug 11$0.13$4.87$0.1337.46$770.13
$785.00$790.00Aug 28$0.19$4.81$0.1925.32$785.19
$765.00$770.00Aug 11$0.34$4.66$0.3413.71$765.34
$764.00$765.00Aug 10$0.10$0.90$0.109.00$764.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$610.00$600.00Sep 4$0.11$9.89$0.1189.91$609.89
$695.00$690.00Aug 6$0.10$4.90$0.1049.00$694.90
$635.00$630.00Sep 4$0.10$4.90$0.1049.00$634.90
$640.00$635.00Sep 4$0.10$4.90$0.1049.00$639.90
$700.00$695.00Aug 5$0.11$4.89$0.1144.45$699.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,395 found (best R:R 141.86, avg 2.60)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$680.00$700.00Aug 3$19.86$19.86$0.14141.86$699.86
$640.00$709.00Aug 4$68.39$68.39$0.61112.11$708.39
$635.00$655.00Aug 14$19.81$19.81$0.19104.26$654.81
$625.00$645.00Aug 7$19.73$19.73$0.2773.07$644.73
$655.00$675.00Aug 14$19.66$19.66$0.3457.82$674.66
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$766.00$760.00Aug 5$5.88$5.88$0.1249.00$760.12
$780.00$775.00Aug 21$4.88$4.88$0.1240.67$775.12
$780.00$775.00Aug 28$4.87$4.87$0.1337.46$775.13
$780.00$775.00Aug 31$4.85$4.85$0.1532.33$775.15
$765.00$762.00Aug 7$2.84$2.84$0.1617.75$762.16

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 235 found (avg debit $1.37, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$753.00Jul 28Jul 29$0.0753.3%15.5%
$799.00Jul 31Aug 21$0.0726.3%12.3%
$797.00Jul 31Aug 21$0.0825.5%12.1%
$798.00Jul 31Aug 21$0.0825.9%12.3%
$701.00Jul 28Jul 29$0.09171.8%38.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$790.00Jul 28Jul 31$0.05191.3%22.6%
$720.00Jul 28Jul 29$0.0695.2%26.1%
$767.00Jul 28Jul 31$0.06108.1%14.2%
$775.00Jul 28Jul 31$0.06137.8%18.1%
$721.00Jul 28Jul 29$0.0791.1%25.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,066 found (cheapest 0.17% of stock, avg 5.06%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$741.00Jul 28$0.85$0.40$1.25$739.75$742.250.17%
$742.00Jul 28$0.35$0.90$1.25$740.75$743.250.17%
$740.00Jul 28$1.59$0.16$1.75$738.25$741.750.24%
$743.00Jul 28$0.13$1.67$1.80$741.20$744.800.24%
$739.00Jul 28$2.50$0.06$2.56$736.44$741.560.35%
$744.00Jul 28$0.05$2.60$2.65$741.35$746.650.36%
$738.00Jul 28$3.47$0.03$3.50$734.50$741.500.47%
$745.00Jul 28$0.03$3.56$3.59$741.41$748.590.48%
$737.00Jul 28$4.47$0.02$4.49$732.51$741.490.61%
$746.00Jul 28$0.02$4.56$4.58$741.42$750.580.62%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 384 found (cheapest 0.01% of stock, avg 1.84%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$744.00$739.00Jul 28$0.05$0.06$0.11$738.89$744.11
$743.00$739.00Jul 28$0.13$0.06$0.19$738.81$743.19
$744.00$740.00Jul 28$0.05$0.16$0.21$739.79$744.21
$743.00$740.00Jul 28$0.13$0.16$0.29$739.71$743.29
$742.00$739.00Jul 28$0.35$0.06$0.41$738.59$742.41
$744.00$741.00Jul 28$0.05$0.40$0.45$740.55$744.45
$742.00$740.00Jul 28$0.35$0.16$0.51$739.49$742.51
$743.00$741.00Jul 28$0.13$0.40$0.53$740.47$743.53
$742.00$741.00Jul 28$0.35$0.40$0.75$740.25$742.75
$746.00$737.00Jul 29$1.13$1.56$2.69$734.31$748.69

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 435 found (best R:R 40.67, avg credit $2.51)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
700/705710/720Aug 11$9.76$0.2440.67$695.24$719.76
695/700711/717Aug 5$5.85$0.1539.00$694.15$716.85
695/700710/720Aug 11$9.68$0.3230.25$690.32$719.68
680/685690/697Aug 14$6.77$0.2329.43$678.23$696.77
695/700725/730Aug 11$4.83$0.1728.41$695.17$729.83
690/695710/720Aug 11$9.64$0.3626.78$685.36$719.64
650/655660/680Aug 28$19.27$0.7326.40$635.73$679.27
675/680690/697Aug 14$6.74$0.2625.92$673.26$696.74
685/690710/720Aug 11$9.59$0.4123.39$680.41$719.59
690/695725/730Aug 11$4.79$0.2122.81$690.21$729.79

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 220 found (best R:R 132.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$635.00$655.00$675.00Aug 14$0.15$19.85132.33
$785.00$790.00$795.00Aug 28$0.08$4.9261.50
$605.00$610.00$615.00Aug 31$0.08$4.9261.50
$770.00$775.00$780.00Aug 11$0.09$4.9154.56
$595.00$600.00$605.00Jul 31$0.20$4.8024.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$685.00$690.00$695.00Aug 11$0.05$4.9599.00
$690.00$695.00$700.00Aug 10$0.06$4.9482.33
$695.00$700.00$705.00Aug 11$0.08$4.9261.50
$700.00$705.00$710.00Aug 11$0.08$4.9261.50
$705.00$710.00$715.00Aug 11$0.10$4.9049.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 936 found (best net $-0.01, 927 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$788.00$835.001:2Aug 10-$0.01$46.99
$600.00$665.001:2Sep 4-$18.53$46.47
$791.00$810.001:2Aug 6-$0.02$18.98
$820.00$835.001:2Jul 28-$0.01$14.99
$820.00$835.001:2Aug 5-$0.01$14.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$635.00$610.001:2Aug 6-$0.02$24.98
$780.00$761.001:2Jul 30-$0.70$18.30
$655.00$640.001:2Jul 28-$0.01$14.99
$645.00$630.001:2Aug 3-$0.01$14.99
$650.00$635.001:2Aug 6-$0.06$14.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 379 found (best yield 2.15%, avg 0.53%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$742.00Sep 4$15.940.510.1%2.15%2.23%49381
$743.00Sep 4$15.300.490.2%2.06%2.27%9372
$744.00Sep 4$14.670.480.3%1.98%2.32%380
$742.00Aug 31$14.570.500.1%1.97%2.04%1.1K382
$742.00Aug 28$14.170.510.1%1.91%1.99%525392
$745.00Sep 4$14.050.480.5%1.89%2.38%285126
$743.00Aug 31$13.930.490.2%1.88%2.09%690459
$743.00Aug 28$13.540.490.2%1.83%2.04%201289
$746.00Sep 4$13.440.470.6%1.81%2.43%324363
$744.00Aug 31$13.310.480.3%1.80%2.14%895544

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 4,755,124
Total Puts 5,673,366
Put/Call Ratio 1.19
Net Difference -918,242

Prior's Put/Call Breakdown

Total Calls 6,520,321
Total Puts 6,651,550
Put/Call Ratio 1.02
Net Difference -131,229

Prior 7-Day Put/Call Summary

Total Calls 29,230,713
Total Puts 35,168,811
Average Put/Call Ratio 1.23
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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Chart Title

Price — Past 7 Days

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