Tour v456
SPY
State Street SPDR S&P 500 ETF Trust
$729.46 -1.54%
$731.66 (+0.30%)🌙
as of 07/29 06:13 PM
7/29 18:13

Option Volume

Detail
Current (07/29) 12,614,487
Calls: 5,321,040 (42%)
Puts: 7,293,447 (58%)
Prior (07/28) 11,520,261
Calls: 5,207,381 (45%)
Puts: 6,312,880 (55%)
Current vs Prior +9.50%
Calls: +2.18% (Calls)
Puts: +15.53% (Puts)
Prior 7-Day Total 61,123,475
Calls: 27,866,571 (46%)
Puts: 33,256,904 (54%)
Prior 7-Day Average 10,187,245
Calls: 3,980,938 (46%)
Puts: 4,750,986 (54%)
Current vs Prior 7-Day Avg +23.83%
Calls: +33.66%
Puts: +53.51%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/29) $4.25B
Calls: $336.95M (8%)
Puts: $3.91B (92%)
Prior (07/28) $1.38B
Calls: $736.32M (53%)
Puts: $640.31M (47%)
Current vs Prior +208.64%
Calls: -54.24%
Puts: +510.93%
Prior 7-Day Total $8.65B
Calls: $4.12B (48%)
Puts: $4.53B (52%)
Prior 7-Day Average $1.44B
Calls: $587.95M (48%)
Puts: $647.47M (52%)
Current vs Prior 7-Day Avg +194.79%
Calls: -42.69%
Puts: +504.18%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/29) 1.37
Prior (07/28) 1.21
Current vs Prior +13.06%
Prior 7-Day Average 1.22
Current vs Prior 7-Day Avg +12.71%
Sentiment BEARISH

Open Interest

Detail
Current (07/29) 6,826,772
Calls: 1,704,296 (25%)
Puts: 5,122,476 (75%)
Prior (07/28) 6,280,344
Calls: 1,758,844 (28%)
Puts: 4,521,500 (72%)
Current vs Prior +8.70%
Prior 7-Day Total 41,494,710
Calls: 11,736,349 (28%)
Puts: 29,758,361 (72%)
Prior 7-Day Average 6,915,785
Calls: 1,956,058 (28%)
Puts: 4,959,726 (72%)
Current vs Prior 7-Day Avg -1.29%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/29) | Next (07/30)Expiry (07/29) | Next (07/31)Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 0.28% | 1.07%0.28% | 1.44%1.44% | 2.42%3.54% | 5.15%
Prior 0.90% | 1.24%0.90% | 1.48%1.48% | 2.17%3.19% | 4.73%
Current vs Prior +18.67% | +16.26%-68.69% | -2.34%-2.34% | +11.40%+10.93% | +8.98%
Prior 7-Day Avg 0.77% | 1.08%0.59% | 1.19%1.33% | 2.17%3.36% | 4.89%
Current vs 7-Day Avg +38.90% | +33.81%-52.41% | +21.22%+8.67% | +11.63%+5.34% | +5.38%
Prior 7-Day Eod 0.46% | 1.01%0.90% | 1.48%1.48% | 2.17%3.19% | 4.73%
Current vs 7-Day Eod +132.28% | +42.53%-68.69% | -2.34%-2.34% | +11.40%+10.93% | +8.98%
Sentiment BEARISHBULLISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 2.04% | 1.52%
Calls: 1.63% | 1.44%
Puts: 2.44% | 1.59%
Prior 1.19% | 0.98%
Calls: 1.37% | 1.01%
Puts: 1.00% | 0.95%
Current vs Prior +71.43% | +55.10%
Prior 7-Day Avg 1.59% | 1.07%
Calls: 1.40% | 1.01%
Puts: 1.94% | 1.18%
Current vs 7-Day Avg +28.03% | +41.84%
Liquidity Good
+
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🤖 AI Insights

Strong bearish conviction with 92% of dollar volume in puts ($3.91B) vs calls ($336.95M). Massive premium surge with dollar volume up 209% vs prior. Dollar volume significantly above 7-day average (195% higher). Bearish P/C ratio of 1.37 indicates protective positioning.

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 BEARISH
Current BEARISH
Prior NEUTRAL
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

📈 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 2,099 of results (avg 3.8%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31128.53128.74$128.640.2%5401.006.3K
$750.00Aug 213.403.42$3.410.6%6.8K0.2221.0K
$728.00Sep 417.7417.86$17.800.7%130.521
$700.00Jul 3128.8229.02$28.920.7%4021.006.6K
$729.00Sep 417.1017.22$17.160.7%80.51--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$720.00Aug 219.049.10$9.070.7%11.7K0.3954.9K
$719.00Aug 218.758.81$8.780.7%1470.382.3K
$722.00Aug 219.649.71$9.680.7%6870.413.0K
$733.00Aug 3115.5215.64$15.580.8%7680.541.6K
$736.00Sep 417.7217.86$17.790.8%1990.56200

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 454 found (avg $0.38, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$747.00Jul 300.050.06$0.0616.7%25.4K0.02978
$754.00Jul 310.050.06$0.0616.7%10.9K0.014.1K
$759.00Aug 50.050.06$0.0616.7%8190.01316
$765.00Aug 70.050.06$0.0616.7%2.7K0.017.3K
$768.00Aug 100.050.06$0.0616.7%300.014
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$703.00Jul 300.050.06$0.0616.7%3.9K0.011.2K
$704.00Jul 300.050.06$0.0616.7%1.2K0.01290
$681.00Jul 310.050.06$0.0616.7%2890.0121.9K
$682.00Jul 310.050.06$0.0616.7%2250.0116.0K
$660.00Aug 30.050.06$0.0616.7%1250.01768

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,181 found (avg delta 0.84, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$585.00Jul 29141.41145.09$143.252.6%161.00--
$590.00Jul 29136.42140.09$138.262.7%191.00--
$595.00Jul 29131.39135.09$133.242.8%191.00--
$600.00Jul 29126.41130.09$128.252.9%191.001
$605.00Jul 29121.41125.09$123.253.0%791.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$729.00Jul 290.921.04$0.9812.2%239.6K1.004.2K
$805.00Jul 2974.9178.59$76.754.8%491.00--
$810.00Jul 2979.9183.57$81.744.5%381.00--
$815.00Jul 2984.9188.57$86.744.2%421.00--
$820.00Jul 2989.9193.58$91.754.0%361.00--

Most actively traded options today. High liquidity = easy entry/exit. 3,067 active (total vol 12.6M, top 426.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 290.000.01$0.01100.0%356.9K0.006.4K
$739.00Jul 290.000.01$0.01100.0%242.0K0.005.2K
$741.00Jul 290.000.01$0.01100.0%240.3K0.005.8K
$736.00Jul 290.000.01$0.01100.0%238.8K0.012.1K
$738.00Jul 290.000.01$0.01100.0%232.8K0.006.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$735.00Jul 296.556.97$6.766.2%426.9K0.9915.2K
$734.00Jul 295.595.97$5.786.6%358.6K0.993.7K
$733.00Jul 294.674.97$4.826.2%310.9K0.993.0K
$732.00Jul 293.673.97$3.827.9%292.7K0.984.0K
$731.00Jul 292.582.97$2.7814.0%289.7K0.986.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 338 strikes (avg 683.4%, max 3222.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$845.00Jul 29Aug 28601.6%18.1%3222.9%15706
$800.00Jul 29Sep 4394.7%13.3%2874.7%109247
$789.00Jul 29Sep 4341.1%12.9%2547.5%6425
$787.00Jul 29Sep 4331.2%12.9%2474.4%906984
$780.00Jul 29Sep 4296.1%12.9%2187.2%279802
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 29Aug 21394.7%14.7%2581.7%10542
$782.00Jul 29Aug 21306.2%12.9%2278.6%153--
$810.00Jul 29Aug 12442.3%18.7%2260.7%43--
$780.00Jul 29Aug 31296.1%12.6%2252.8%157--
$615.00Jul 29Sep 4685.1%32.1%2036.9%21124

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,134 found (best R:R 49.00, avg 4.29)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$760.00$765.00Aug 12$0.22$4.78$0.2221.73$760.22
$755.00$760.00Aug 12$0.46$4.54$0.469.87$755.46
$746.00$747.00Aug 3$0.10$0.90$0.109.00$746.10
$748.00$749.00Aug 4$0.10$0.90$0.109.00$748.10
$751.00$752.00Aug 6$0.10$0.90$0.109.00$751.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$685.00$680.00Aug 5$0.10$4.90$0.1049.00$684.90
$630.00$625.00Aug 28$0.10$4.90$0.1049.00$629.90
$615.00$610.00Sep 4$0.10$4.90$0.1049.00$614.90
$670.00$665.00Aug 11$0.11$4.89$0.1144.45$669.89
$660.00$655.00Aug 14$0.11$4.89$0.1144.45$659.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,511 found (best R:R 288.47, avg 2.50)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$610.00$650.00Aug 7$39.80$39.80$0.20199.00$649.80
$650.00$670.00Aug 7$19.81$19.81$0.19104.26$669.81
$600.00$610.00Aug 21$9.89$9.89$0.1189.91$609.89
$630.00$640.00Aug 21$9.83$9.83$0.1757.82$639.83
$650.00$657.00Aug 31$6.87$6.87$0.1352.85$656.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$810.00$755.00Aug 12$54.81$54.81$0.19288.47$755.19
$770.00$765.00Aug 31$4.89$4.89$0.1144.45$765.11
$776.00$765.00Sep 4$10.74$10.74$0.2641.31$765.26
$775.00$772.00Aug 21$2.86$2.86$0.1420.43$772.14
$768.00$760.00Aug 28$7.43$7.43$0.5713.04$760.57

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 189 found (avg debit $1.29, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$746.00Jul 29Jul 30$0.06114.4%23.3%
$791.00Aug 5Aug 21$0.0620.4%13.7%
$796.00Aug 21Aug 31$0.0614.2%13.0%
$798.00Aug 21Aug 31$0.0614.4%13.2%
$799.00Aug 21Aug 31$0.0614.5%13.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$605.00Aug 4Aug 6$0.0548.4%48.2%
$705.00Jul 29Jul 30$0.06149.9%30.5%
$741.00Jul 29Jul 30$0.0685.2%22.9%
$706.00Jul 29Jul 30$0.07144.0%29.9%
$707.00Jul 29Jul 30$0.08138.0%29.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,040 found (cheapest 0.13% of stock, avg 4.40%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$728.00Jul 29$0.59$0.35$0.94$727.06$728.940.13%
$729.00Jul 29$0.21$0.98$1.19$727.81$730.190.16%
$727.00Jul 29$1.31$0.09$1.40$725.60$728.400.19%
$730.00Jul 29$0.06$1.84$1.90$728.10$731.900.26%
$726.00Jul 29$2.38$0.03$2.41$723.59$728.410.33%
$731.00Jul 29$0.02$2.78$2.80$728.20$733.800.38%
$725.00Jul 29$3.34$0.02$3.36$721.64$728.360.46%
$732.00Jul 29$0.02$3.82$3.84$728.16$735.840.53%
$724.00Jul 29$4.25$0.02$4.27$719.73$728.270.59%
$733.00Jul 29$0.01$4.82$4.83$728.17$737.830.66%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 377 found (cheapest 0.02% of stock, avg 2.22%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$730.00$727.00Jul 29$0.06$0.09$0.15$726.85$730.15
$730.00$728.00Jul 29$0.06$0.35$0.41$727.59$730.41
$733.00$724.00Jul 30$1.65$1.94$3.59$720.41$736.59
$732.00$724.00Jul 30$2.02$1.94$3.96$720.04$735.96
$733.00$725.00Jul 30$1.65$2.26$3.91$721.09$736.91
$732.00$725.00Jul 30$2.02$2.26$4.28$720.72$736.28
$733.00$726.00Jul 30$1.65$2.63$4.28$721.72$737.28
$731.00$724.00Jul 30$2.41$1.94$4.35$719.65$735.35
$731.00$725.00Jul 30$2.41$2.26$4.67$720.33$735.67
$732.00$726.00Jul 30$2.02$2.63$4.65$721.35$736.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 766 found (best R:R 44.45, avg credit $2.53)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
660/665670/675Aug 28$4.89$0.1144.45$660.11$674.89
615/620640/645Sep 4$4.89$0.1144.45$615.11$644.89
625/630645/650Sep 4$4.89$0.1144.45$625.11$649.89
610/615640/645Sep 4$4.88$0.1240.67$610.12$644.88
620/625645/650Sep 4$4.88$0.1240.67$620.12$649.88
680/685689/695Aug 7$5.85$0.1539.00$679.15$694.85
615/620645/650Sep 4$4.87$0.1337.46$615.13$649.87
685/690695/700Aug 4$4.86$0.1434.71$685.14$699.86
685/690692/697Aug 14$4.86$0.1434.71$685.14$696.86
670/675680/685Aug 28$4.86$0.1434.71$670.14$684.86

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 279 found (best R:R 141.86, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$630.00$640.00$650.00Aug 21$0.07$9.93141.86
$690.00$695.00$700.00Jul 29$0.06$4.9482.33
$680.00$685.00$690.00Jul 30$0.06$4.9482.33
$765.00$770.00$775.00Aug 12$0.06$4.9482.33
$680.00$685.00$690.00Aug 28$0.07$4.9370.43
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$685.00$690.00$695.00Aug 3$0.05$4.9599.00
$690.00$695.00$700.00Aug 3$0.05$4.9599.00
$805.00$810.00$815.00Jul 31$0.06$4.9482.33
$680.00$685.00$690.00Aug 6$0.06$4.9482.33
$675.00$680.00$685.00Aug 10$0.06$4.9482.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 748 found (best net $--, 737 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$810.00$855.001:2Aug 14$0.00$45.00
$800.00$845.001:2Jul 29-$0.01$44.99
$785.00$820.001:2Aug 10$0.00$35.00
$790.00$815.001:2Aug 11$0.00$25.00
$815.00$840.001:2Aug 11-$0.01$24.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$625.00$605.001:2Aug 4$0.00$20.00
$650.00$630.001:2Jul 30-$0.01$19.99
$650.00$635.001:2Jul 29-$0.01$14.99
$685.00$670.001:2Jul 29-$0.01$14.99
$615.00$600.001:2Jul 31-$0.01$14.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 422 found (best yield 2.26%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$730.00Sep 4$16.460.490.1%2.26%2.33%3023
$731.00Sep 4$15.840.480.2%2.17%2.38%61--
$732.00Sep 4$15.230.480.3%2.09%2.44%7633
$730.00Aug 31$15.060.490.1%2.06%2.14%1.1K1.1K
$730.00Aug 28$14.650.490.1%2.01%2.08%137138
$733.00Sep 4$14.630.470.5%2.01%2.49%222
$731.00Aug 31$14.450.480.2%1.98%2.19%24435
$731.00Aug 28$14.040.480.2%1.92%2.14%527
$734.00Sep 4$14.030.460.6%1.92%2.55%27013
$732.00Aug 31$13.840.470.3%1.90%2.25%193159

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 5,321,040
Total Puts 7,293,447
Put/Call Ratio 1.37
Net Difference -1,972,407

Prior's Put/Call Breakdown

Total Calls 5,207,381
Total Puts 6,312,880
Put/Call Ratio 1.21
Net Difference -1,105,499

Prior 7-Day Put/Call Summary

Total Calls 27,866,571
Total Puts 33,256,904
Average Put/Call Ratio 1.22
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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