Tour v477
SPY
State Street SPDR S&P 500 ETF Trust
$747.03 +0.72%
$744.64 (-0.32%)🌙
as of 07/31 06:07 PM
7/31 18:07

Option Volume

Detail
Current (07/31) 14,055,676
Calls: 6,729,568 (48%)
Puts: 7,326,108 (52%)
Prior (07/30) 12,214,046
Calls: 5,560,438 (46%)
Puts: 6,653,608 (54%)
Current vs Prior +15.08%
Calls: +21.03% (Calls)
Puts: +10.11% (Puts)
Prior 7-Day Total 65,605,812
Calls: 30,141,105 (46%)
Puts: 35,464,707 (54%)
Prior 7-Day Average 10,934,302
Calls: 4,305,872 (46%)
Puts: 5,066,386 (54%)
Current vs Prior 7-Day Avg +28.55%
Calls: +56.29%
Puts: +44.60%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/31) $2.21B
Calls: $1.79B (81%)
Puts: $421.37M (19%)
Prior (07/30) $2.60B
Calls: $2.15B (83%)
Puts: $449.11M (17%)
Current vs Prior -14.95%
Calls: -16.78%
Puts: -6.18%
Prior 7-Day Total $13.34B
Calls: $6.36B (48%)
Puts: $6.99B (52%)
Prior 7-Day Average $2.22B
Calls: $908.04M (48%)
Puts: $998.25M (52%)
Current vs Prior 7-Day Avg -0.59%
Calls: +97.09%
Puts: -57.79%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31) 1.09
Prior (07/30) 1.20
Current vs Prior -9.02%
Prior 7-Day Average 1.20
Current vs Prior 7-Day Avg -9.33%
Sentiment BEARISH

Open Interest

Detail
Current (07/31) 8,018,860
Calls: 2,427,346 (30%)
Puts: 5,591,514 (70%)
Prior (07/30) 6,585,674
Calls: 1,852,859 (28%)
Puts: 4,732,815 (72%)
Current vs Prior +21.76%
Prior 7-Day Total 41,065,444
Calls: 11,390,298 (28%)
Puts: 29,675,146 (72%)
Prior 7-Day Average 6,844,240
Calls: 1,898,383 (28%)
Puts: 4,945,857 (72%)
Current vs Prior 7-Day Avg +17.16%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/03)Expiry (07/31) | Next (08/03)Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 0.18% | 0.61%0.18% | 0.61%0.18% | 1.31%2.45% | 4.17%
Prior 0.80% | 1.07%0.80% | 1.07%0.80% | 1.74%2.85% | 4.52%
Current vs Prior -22.89% | -22.90%-77.15% | -42.46%-77.15% | -24.39%-13.87% | -7.79%
Prior 7-Day Avg 0.85% | 1.18%0.59% | 1.29%1.44% | 2.23%3.27% | 4.85%
Current vs 7-Day Avg -27.75% | -30.18%-69.06% | -52.41%-87.38% | -41.06%-24.95% | -13.90%
Prior 7-Day Eod 0.26% | 0.67%0.80% | 1.07%0.80% | 1.74%2.85% | 4.52%
Current vs 7-Day Eod +136.87% | +22.41%-77.15% | -42.46%-77.15% | -24.39%-13.87% | -7.79%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 3.44% | 1.29%
Calls: 4.50% | 1.02%
Puts: 2.38% | 1.55%
Prior 1.79% | 2.73%
Calls: 1.97% | 3.36%
Puts: 1.61% | 2.10%
Current vs Prior +92.18% | -52.75%
Prior 7-Day Avg 1.54% | 1.24%
Calls: 1.35% | 1.41%
Puts: 1.73% | 1.23%
Current vs 7-Day Avg +123.86% | +4.31%
Liquidity Good
+
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🤖 AI Insights

Strong bullish conviction with 81% of dollar volume in calls ($1.79B) vs puts ($421.37M). Slightly bearish P/C ratio of 1.09. Put-heavy open interest (5,591,514 puts vs 2,427,346 calls) suggests hedging or bearish positioning. Rising open interest (up 22%) indicates new positions being established.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
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 NEUTRAL
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 2,316 of results (avg 3.3%, best 0.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$690.00Aug 2159.2759.47$59.370.3%90.945.6K
$700.00Aug 2149.6249.81$49.720.4%930.927.2K
$637.00Jul 31109.89110.34$110.120.4%61.00703
$625.00Jul 31121.80122.34$122.070.4%51.00609
$605.00Jul 31141.64142.35$142.000.5%101.0035
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$735.00Aug 71.521.53$1.530.7%21.6K0.197.3K
$733.00Aug 316.226.27$6.240.8%390.311.5K
$732.00Aug 316.016.06$6.040.8%460.30954
$713.00Sep 114.744.78$4.760.8%170.20--
$716.00Aug 313.543.57$3.560.8%3650.181.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 748 found (avg $0.38, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$755.00Aug 30.050.06$0.0616.7%29.4K0.031.3K
$760.00Aug 50.050.06$0.0616.7%1.6K0.021.4K
$762.00Aug 60.050.06$0.0616.7%3.2K0.02793
$765.00Aug 70.050.06$0.0616.7%6.7K0.028.0K
$768.00Aug 100.050.06$0.0616.7%360.0237
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$726.00Aug 30.050.06$0.0616.7%6.2K0.02726
$727.00Aug 30.050.06$0.0616.7%7.6K0.02776
$712.00Aug 40.050.06$0.0616.7%4900.013.1K
$713.00Aug 40.050.06$0.0616.7%990.012.5K
$714.00Aug 40.050.06$0.0616.7%7560.0112.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,248 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31146.48147.93$147.201.0%251.006.3K
$605.00Jul 31141.64142.35$142.000.5%101.0035
$610.00Jul 31136.40137.86$137.131.1%--1.00139
$615.00Jul 31131.40132.79$132.101.1%--1.00572
$620.00Jul 31126.40127.73$127.071.0%151.001.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$784.00Jul 3135.2738.74$37.019.4%91.00--
$785.00Jul 3137.6938.33$38.011.7%131.00--
$786.00Jul 3138.4339.32$38.882.3%111.00--
$787.00Jul 3138.2741.74$40.018.7%81.00--
$788.00Jul 3139.2742.74$41.018.5%131.00--

Most actively traded options today. High liquidity = easy entry/exit. 3,020 active (total vol 14.0M, top 701.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$746.00Jul 311.011.07$1.045.8%701.6K0.9211.8K
$745.00Jul 311.932.11$2.028.9%599.6K0.9720.6K
$747.00Jul 310.300.31$0.313.2%560.4K0.5013.0K
$748.00Jul 310.040.05$0.0520.0%516.0K0.1116.8K
$744.00Jul 312.923.25$3.0910.7%474.9K1.0010.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 310.000.01$0.01100.0%483.3K0.0148.5K
$745.00Jul 310.010.02$0.0250.0%431.7K0.0323.0K
$742.00Jul 310.000.01$0.01100.0%397.7K0.019.4K
$741.00Jul 310.000.01$0.01100.0%370.4K0.018.1K
$744.00Jul 310.010.02$0.0250.0%352.9K0.034.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 405 strikes (avg 1457.0%, max 3660.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$890.00Jul 31Sep 4698.0%18.6%3660.1%--6.2K
$860.00Jul 31Sep 11571.2%15.4%3608.0%2753
$875.00Jul 31Sep 4635.4%17.7%3496.2%--973
$870.00Jul 31Sep 4614.2%17.1%3488.3%--2.7K
$850.00Jul 31Sep 11527.4%14.7%3487.2%681.0K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$855.00Jul 31Aug 28549.4%17.2%3098.8%14--
$840.00Jul 31Aug 21482.8%17.5%2664.3%9--
$600.00Jul 31Sep 11871.6%32.1%2611.7%11911.8K
$605.00Jul 31Sep 11840.7%31.4%2576.3%1331.5K
$610.00Jul 31Sep 11810.0%30.7%2538.4%401.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 880 found (best R:R 49.00, avg 3.75)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$785.00$790.00Aug 28$0.18$4.82$0.1826.78$785.18
$765.00$766.00Aug 13$0.10$0.90$0.109.00$765.10
$772.00$773.00Aug 21$0.10$0.90$0.109.00$772.10
$777.00$778.00Aug 28$0.10$0.90$0.109.00$777.10
$779.00$780.00Aug 31$0.10$0.90$0.109.00$779.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$650.00$645.00Sep 11$0.10$4.90$0.1049.00$649.90
$675.00$670.00Aug 28$0.11$4.89$0.1144.45$674.89
$665.00$660.00Sep 4$0.11$4.89$0.1144.45$664.89
$655.00$650.00Sep 11$0.11$4.89$0.1144.45$654.89
$680.00$675.00Aug 28$0.13$4.87$0.1337.46$679.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,281 found (best R:R 193.44, avg 2.67)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$630.00$665.00Aug 3$34.82$34.82$0.18193.44$664.82
$615.00$625.00Aug 31$9.90$9.90$0.1099.00$624.90
$615.00$625.00Aug 7$9.85$9.85$0.1565.67$624.85
$605.00$610.00Jul 31$4.87$4.87$0.1337.46$609.87
$675.00$680.00Aug 28$4.87$4.87$0.1337.46$679.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$780.00$766.00Aug 6$13.81$13.81$0.1972.68$766.19
$778.00$765.00Aug 5$12.81$12.81$0.1967.42$765.19
$785.00$776.00Aug 31$8.80$8.80$0.2044.00$776.20
$771.00$762.00Aug 10$8.79$8.79$0.2141.86$762.21
$775.00$770.00Aug 21$4.88$4.88$0.1240.67$770.12

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 205 found (avg debit $0.84, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$665.00Jul 31Aug 3$0.05483.2%40.7%
$726.00Jul 31Aug 3$0.06133.2%14.7%
$813.00Sep 4Sep 11$0.0612.4%11.9%
$814.00Sep 4Sep 11$0.0612.4%12.0%
$816.00Sep 4Sep 11$0.0612.6%12.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$686.00Jul 31Aug 7$0.06362.4%25.6%
$687.00Jul 31Aug 7$0.06356.7%25.2%
$728.00Jul 31Aug 3$0.06121.5%13.8%
$753.00Jul 31Aug 3$0.0642.5%6.5%
$774.00Jul 31Aug 3$0.06162.0%13.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,238 found (cheapest 0.08% of stock, avg 5.34%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$747.00Jul 31$0.31$0.30$0.61$746.39$747.610.08%
$746.00Jul 31$1.04$0.04$1.08$744.92$747.080.14%
$748.00Jul 31$0.05$1.05$1.10$746.90$749.100.15%
$749.00Jul 31$0.02$1.93$1.95$747.05$750.950.26%
$745.00Jul 31$2.02$0.02$2.04$742.96$747.040.27%
$750.00Jul 31$0.01$2.92$2.93$747.07$752.930.39%
$744.00Jul 31$3.09$0.02$3.11$740.89$747.110.42%
$751.00Jul 31$0.01$3.93$3.94$747.06$754.940.53%
$743.00Jul 31$4.06$0.01$4.07$738.93$747.070.54%
$748.00Aug 3$1.56$2.48$4.04$743.96$752.040.54%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 377 found (cheapest 0.01% of stock, avg 1.57%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$748.00$746.00Jul 31$0.05$0.04$0.09$745.91$748.09
$748.00$747.00Jul 31$0.05$0.30$0.35$746.65$748.35
$751.00$742.00Aug 3$0.46$0.75$1.21$740.79$752.21
$751.00$743.00Aug 3$0.46$0.92$1.38$741.62$752.38
$750.00$742.00Aug 3$0.73$0.75$1.48$740.52$751.48
$751.00$744.00Aug 3$0.46$1.11$1.57$742.43$752.57
$750.00$743.00Aug 3$0.73$0.92$1.65$741.35$751.65
$751.00$745.00Aug 3$0.46$1.36$1.82$743.18$752.82
$749.00$742.00Aug 3$1.10$0.75$1.85$740.15$750.85
$750.00$744.00Aug 3$0.73$1.11$1.84$742.16$751.84

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 257 found (best R:R 24.18, avg credit $2.78)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
645/650655/690Sep 11$33.61$1.3924.18$616.39$688.61
675/680685/700Sep 4$14.38$0.6223.19$665.62$699.38
670/675685/700Sep 4$14.36$0.6422.44$660.64$699.36
665/670685/700Sep 4$14.34$0.6621.73$655.66$699.34
660/665685/700Sep 4$14.31$0.6920.74$650.69$699.31
729/730731/733Aug 11$1.87$0.1314.38$728.13$732.87
705/706720/724Sep 11$3.71$0.2912.79$702.29$723.71
727/728731/733Aug 11$1.85$0.1512.33$726.15$732.85
680/685690/694Aug 28$4.60$0.4011.50$680.40$694.60
675/680690/694Aug 28$4.58$0.4210.90$675.42$694.58

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 331 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$675.00$680.00$685.00Aug 3$0.06$4.9482.33
$675.00$680.00$685.00Aug 28$0.06$4.9482.33
$785.00$790.00$795.00Aug 28$0.09$4.9154.56
$600.00$605.00$610.00Aug 21$0.16$4.8430.25
$605.00$610.00$615.00Aug 21$0.21$4.7922.81
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$835.00$840.00$845.00Jul 31$0.25$4.7519.00
$746.00$747.00$748.00Aug 3$0.05$0.9519.00
$751.00$752.00$753.00Aug 3$0.05$0.9519.00
$742.00$743.00$744.00Aug 4$0.05$0.9519.00
$748.00$749.00$750.00Aug 6$0.05$0.9519.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,131 found (best net $-3.05, 1,124 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$795.00$820.001:2Aug 12-$0.02$24.98
$805.00$830.001:2Aug 13-$0.02$24.98
$840.00$860.001:2Aug 13$0.00$20.00
$840.00$860.001:2Aug 12-$0.01$19.99
$790.00$810.001:2Aug 11-$0.02$19.98
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$850.00$800.001:2Aug 7-$3.05$46.95
$840.00$800.001:2Aug 21-$13.05$26.95
$665.00$640.001:2Aug 13-$0.03$24.97
$665.00$650.001:2Aug 12-$0.05$14.95
$800.00$778.001:2Aug 5-$9.05$12.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 347 found (best yield 1.98%, avg 0.45%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$748.00Sep 11$14.760.500.1%1.98%2.11%172
$749.00Sep 11$14.140.480.3%1.89%2.16%63
$750.00Sep 11$13.530.470.4%1.81%2.21%5132
$748.00Sep 4$13.250.490.1%1.77%1.90%115534
$751.00Sep 11$12.930.470.5%1.73%2.26%48--
$749.00Sep 4$12.630.480.3%1.69%1.95%118714
$752.00Sep 11$12.340.460.7%1.65%2.32%2--
$750.00Sep 4$12.020.470.4%1.61%2.01%3001.0K
$753.00Sep 11$11.770.450.8%1.58%2.37%2--
$748.00Aug 31$11.750.490.1%1.57%1.70%331935

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 6,729,568
Total Puts 7,326,108
Put/Call Ratio 1.09
Net Difference -596,540

Prior's Put/Call Breakdown

Total Calls 5,560,438
Total Puts 6,653,608
Put/Call Ratio 1.20
Net Difference -1,093,170

Prior 7-Day Put/Call Summary

Total Calls 30,141,105
Total Puts 35,464,707
Average Put/Call Ratio 1.20
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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Chart Title

Price — Past 7 Days

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