Tour v492
SPY
State Street SPDR S&P 500 ETF Trust
$771.74 +0.05%
8/5 15:13

Option Volume

Detail
Current (08/05) 11,515,735
Calls: 5,464,520 (47%)
Puts: 6,051,215 (53%)
Prior (08/04) 17,034,203
Calls: 10,097,075 (59%)
Puts: 6,937,128 (41%)
Current vs Prior -32.40%
Calls: -45.88% (Calls)
Puts: -12.77% (Puts)
Prior 7-Day Total 80,883,762
Calls: 39,470,312 (49%)
Puts: 41,413,450 (51%)
Prior 7-Day Average 13,480,627
Calls: 5,638,616 (49%)
Puts: 5,916,207 (51%)
Current vs Prior 7-Day Avg -14.58%
Calls: -3.09%
Puts: +2.28%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/05) $1.37B
Calls: $536.38M (39%)
Puts: $829.81M (61%)
Prior (08/04) $4.82B
Calls: $3.89B (81%)
Puts: $931.38M (19%)
Current vs Prior -71.66%
Calls: -86.21%
Puts: -10.91%
Prior 7-Day Total $17.49B
Calls: $10.56B (60%)
Puts: $6.94B (40%)
Prior 7-Day Average $2.92B
Calls: $1.51B (60%)
Puts: $990.96M (40%)
Current vs Prior 7-Day Avg -53.14%
Calls: -64.43%
Puts: -16.26%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/05) 1.11
Prior (08/04) 0.69
Current vs Prior +61.18%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg +0.58%
Sentiment BEARISH

Open Interest

Detail
Current (08/05) 11,182,253
Calls: 3,244,042 (29%)
Puts: 7,938,211 (71%)
Prior (08/04) 9,534,496
Calls: 2,724,095 (29%)
Puts: 6,810,401 (71%)
Current vs Prior +17.28%
Prior 7-Day Total 43,596,971
Calls: 12,541,373 (29%)
Puts: 31,055,598 (71%)
Prior 7-Day Average 7,266,161
Calls: 2,090,228 (29%)
Puts: 5,175,933 (71%)
Current vs Prior 7-Day Avg +53.89%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/05) | Next (08/06)Expiry (08/05) | Next (08/07)Expiry (08/07) | Next (08/14)Expiry (08/17) | Next (09/18)
Current 0.23% | 0.66%0.23% | 0.91%0.91% | 1.64%1.77% | 3.90%
Prior 0.67% | 0.88%0.67% | 1.08%1.08% | 1.83%1.96% | 4.14%
Current vs Prior -66.10% | -25.52%-66.10% | -15.09%-15.09% | -10.26%-9.77% | -5.66%
Prior 7-Day Avg 0.76% | 1.02%0.50% | 1.06%1.00% | 1.86%2.69% | 4.46%
Current vs 7-Day Avg -70.05% | -35.64%-54.45% | -13.39%-8.24% | -11.79%-34.34% | -12.42%
Prior 7-Day Eod 0.67% | 0.88%0.67% | 1.08%1.08% | 1.83%1.96% | 4.14%
Current vs 7-Day Eod -66.10% | -25.52%-66.10% | -15.09%-15.09% | -10.26%-9.77% | -5.66%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.67% | 0.77%
Calls: 1.90% | 1.10%
Puts: 1.43% | 0.43%
Prior 1.33% | 2.40%
Calls: 1.30% | 3.13%
Puts: 1.37% | 1.67%
Current vs Prior +25.56% | -67.92%
Prior 7-Day Avg 1.93% | 1.83%
Calls: 2.17% | 2.19%
Puts: 1.68% | 1.47%
Current vs 7-Day Avg -13.25% | -57.89%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 61% put dollar volume ($829.81M). Light premium activity with dollar volume down 72% vs prior. Slightly bearish P/C ratio of 1.11. P/C ratio rising 61% - increased hedging/bearish 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 BULLISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
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 3,103 of results (avg 3.0%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$690.00Aug 2183.1483.23$83.190.1%10.995.6K
$700.00Aug 2173.2173.30$73.260.1%1.0K0.987.2K
$720.00Aug 2153.4653.55$53.510.2%100.965.3K
$740.00Aug 732.0232.08$32.050.2%910.998.0K
$745.00Aug 727.0427.10$27.070.2%2670.988.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$778.00Sep 1816.1916.23$16.210.2%1880.56279
$776.00Sep 1815.2315.27$15.250.3%4510.541.0K
$752.00Sep 187.437.45$7.440.3%2140.301.6K
$775.00Sep 1814.7714.81$14.790.3%6.5K0.534.2K
$749.00Sep 186.836.85$6.840.3%5200.281.9K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 901 found (avg $0.34, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$774.00Aug 50.050.06$0.0616.7%331.7K0.087.6K
$785.00Aug 60.050.06$0.0616.7%20.9K0.023.5K
$790.00Aug 70.050.06$0.0616.7%14.7K0.027.5K
$796.00Aug 100.050.06$0.0616.7%890.01--
$810.00Aug 140.050.06$0.0616.7%1.6K0.01637
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$755.00Aug 60.050.06$0.0616.7%5.6K0.024.0K
$735.00Aug 70.050.06$0.0616.7%1.4K0.0111.9K
$736.00Aug 70.050.06$0.0616.7%2.7K0.012.9K
$737.00Aug 70.050.06$0.0616.7%2770.012.7K
$738.00Aug 70.050.06$0.0616.7%4880.015.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,640 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Aug 5145.01148.46$146.742.4%--1.0022
$630.00Aug 6140.05143.54$141.802.5%11.001
$680.00Aug 690.0693.52$91.793.8%71.005
$690.00Aug 680.0783.52$81.794.2%--1.0014
$705.00Aug 665.0768.56$66.825.2%451.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$777.00Aug 55.215.38$5.303.2%38.0K1.00562
$778.00Aug 56.216.39$6.302.9%11.6K1.00374
$779.00Aug 57.217.38$7.302.3%4.9K1.00207
$780.00Aug 58.198.39$8.292.4%5.3K1.00395
$781.00Aug 59.199.39$9.292.2%1.8K1.00306

Most actively traded options today. High liquidity = easy entry/exit. 3,472 active (total vol 11.5M, top 659.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Aug 50.460.47$0.472.1%557.4K0.4113.3K
$775.00Aug 50.020.03$0.0333.3%393.7K0.0410.2K
$773.00Aug 50.160.17$0.175.9%392.1K0.1813.9K
$776.00Aug 50.020.03$0.0333.3%368.8K0.036.2K
$777.00Aug 50.010.02$0.0250.0%356.1K0.027.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Aug 50.280.29$0.293.4%659.4K0.327.3K
$770.00Aug 50.100.11$0.119.1%599.2K0.1413.2K
$772.00Aug 50.690.70$0.701.4%482.0K0.5911.4K
$773.00Aug 51.391.42$1.402.1%335.9K0.826.1K
$769.00Aug 50.040.05$0.0520.0%318.3K0.065.6K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 383 strikes (avg 557.7%, max 2633.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$920.00Aug 5Sep 18490.0%17.9%2633.4%51.1K
$900.00Aug 5Sep 18433.3%16.3%2556.6%62012.4K
$880.00Aug 5Sep 18374.7%15.0%2402.5%716.0K
$875.00Aug 5Sep 18359.7%14.6%2362.2%704.9K
$870.00Aug 5Sep 18344.6%14.4%2296.2%1141.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$900.00Aug 5Sep 18433.3%16.3%2556.6%85
$850.00Aug 5Sep 11282.7%13.4%2003.9%33--
$620.00Aug 5Sep 18609.1%31.1%1857.3%483128.5K
$625.00Aug 5Sep 18588.2%30.4%1832.7%110132.8K
$630.00Aug 5Sep 18567.4%29.7%1808.4%12711.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 971 found (best R:R 44.45, avg 3.64)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$830.00$835.00Sep 11$0.11$4.89$0.1144.45$830.11
$795.00$800.00Aug 13$0.12$4.88$0.1240.67$795.12
$800.00$805.00Aug 17$0.12$4.88$0.1240.67$800.12
$805.00$810.00Aug 21$0.12$4.88$0.1240.67$805.12
$815.00$820.00Aug 28$0.12$4.88$0.1240.67$815.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$690.00$685.00Sep 11$0.11$4.89$0.1144.45$689.89
$735.00$730.00Aug 19$0.14$4.86$0.1434.71$734.86
$740.00$735.00Aug 19$0.20$4.80$0.2024.00$739.80
$745.00$740.00Aug 19$0.28$4.72$0.2816.86$744.72
$750.00$745.00Aug 19$0.43$4.57$0.4310.63$749.57

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,440 found (best R:R 104.56, avg 2.99)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$708.00$727.00Aug 17$18.82$18.82$0.18104.56$726.82
$635.00$655.00Sep 4$19.81$19.81$0.19104.26$654.81
$724.00$735.00Aug 13$10.88$10.88$0.1290.67$734.88
$655.00$680.00Sep 4$24.67$24.67$0.3374.76$679.67
$650.00$675.00Sep 11$24.58$24.58$0.4258.52$674.58
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$810.00$805.00Aug 31$4.90$4.90$0.1049.00$805.10
$810.00$805.00Aug 28$4.89$4.89$0.1144.45$805.11
$805.00$800.00Aug 21$4.86$4.86$0.1434.71$800.14
$835.00$830.00Aug 5$4.84$4.84$0.1630.25$830.16
$790.00$785.00Aug 14$4.84$4.84$0.1630.25$785.16

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 231 found (avg debit $0.56, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$680.00Aug 5Aug 6$0.05365.4%73.6%
$690.00Aug 5Aug 6$0.05326.1%65.7%
$728.00Aug 5Aug 6$0.05178.7%39.9%
$708.00Aug 6Aug 7$0.0556.7%42.7%
$718.00Aug 5Aug 6$0.06217.4%48.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$693.00Aug 7Aug 14$0.0549.7%27.4%
$694.00Aug 7Aug 14$0.0549.1%27.1%
$696.00Aug 7Aug 14$0.0547.9%26.5%
$697.00Aug 7Aug 14$0.0547.3%26.1%
$756.00Aug 5Aug 6$0.0669.2%19.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,629 found (cheapest 0.15% of stock, avg 5.56%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$772.00Aug 5$0.47$0.70$1.17$770.83$773.170.15%
$771.00Aug 5$1.05$0.29$1.34$769.66$772.340.17%
$773.00Aug 5$0.17$1.40$1.57$771.43$774.570.20%
$770.00Aug 5$1.88$0.11$1.99$768.01$771.990.26%
$774.00Aug 5$0.06$2.30$2.36$771.64$776.360.31%
$769.00Aug 5$2.82$0.05$2.87$766.13$771.870.37%
$775.00Aug 5$0.03$3.26$3.29$771.71$778.290.43%
$768.00Aug 5$3.80$0.03$3.83$764.17$771.830.50%
$776.00Aug 5$0.03$4.26$4.29$771.71$780.290.56%
$772.00Aug 6$2.17$2.34$4.51$767.49$776.510.58%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 409 found (cheapest 0.01% of stock, avg 1.56%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$774.00$769.00Aug 5$0.06$0.05$0.11$768.89$774.11
$774.00$770.00Aug 5$0.06$0.11$0.17$769.83$774.17
$773.00$769.00Aug 5$0.17$0.05$0.22$768.78$773.22
$773.00$770.00Aug 5$0.17$0.11$0.28$769.72$773.28
$774.00$771.00Aug 5$0.06$0.29$0.35$770.65$774.35
$773.00$771.00Aug 5$0.17$0.29$0.46$770.54$773.46
$772.00$769.00Aug 5$0.47$0.05$0.52$768.48$772.52
$772.00$770.00Aug 5$0.47$0.11$0.58$769.42$772.58
$772.00$771.00Aug 5$0.47$0.29$0.76$770.24$772.76
$776.00$767.00Aug 6$0.72$0.74$1.46$765.54$777.46

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 104 found (best R:R 17.52, avg credit $2.39)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
685/690710/725Sep 11$14.19$0.8117.52$675.81$724.19
751/752753/755Aug 17$1.84$0.1611.50$750.16$754.84
751/752753/755Aug 18$1.84$0.1611.50$750.16$754.84
745/750755/760Aug 19$4.51$0.499.20$745.49$759.51
758/759763/764Aug 18$0.90$0.109.00$758.10$763.90
756/757758/760Aug 18$1.78$0.228.09$755.22$759.78
757/758763/764Aug 18$0.89$0.118.09$757.11$763.89
755/756758/760Aug 18$1.76$0.247.33$754.24$759.76
755/756764/765Aug 18$0.88$0.127.33$755.12$764.88
756/757763/764Aug 18$0.88$0.127.33$756.12$763.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 459 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$630.00$635.00$640.00Aug 14$0.05$4.9599.00
$805.00$810.00$815.00Aug 19$0.05$4.9599.00
$815.00$820.00$825.00Aug 28$0.05$4.9599.00
$835.00$840.00$845.00Sep 18$0.05$4.9599.00
$670.00$675.00$680.00Aug 7$0.06$4.9482.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$835.00$840.00$845.00Aug 10$0.05$4.9599.00
$835.00$840.00$845.00Aug 13$0.05$4.9599.00
$795.00$800.00$805.00Aug 5$0.06$4.9482.33
$830.00$835.00$840.00Aug 7$0.06$4.9482.33
$730.00$735.00$740.00Aug 19$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. 1,319 found (best net $-0.01, 1,300 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$890.00$925.001:2Aug 11-$0.01$34.99
$880.00$900.001:2Aug 5-$0.01$19.99
$900.00$920.001:2Aug 5-$0.01$19.99
$875.00$895.001:2Aug 6-$0.01$19.99
$880.00$900.001:2Aug 18-$0.02$19.98
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$680.00$650.001:2Aug 18-$0.02$29.98
$660.00$640.001:2Aug 13-$0.03$19.97
$645.00$635.001:2Aug 5-$0.01$9.99
$640.00$630.001:2Aug 10-$0.01$9.99
$675.00$665.001:2Aug 11-$0.01$9.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 391 found (best yield 2.07%, avg 0.51%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$772.00Sep 18$15.970.500.0%2.07%2.10%2011.6K
$773.00Sep 18$15.380.480.2%1.99%2.16%1.1K910
$774.00Sep 18$14.790.470.3%1.92%2.21%1.2K1.4K
$772.00Sep 11$14.480.510.0%1.88%1.91%346140
$775.00Sep 18$14.230.470.4%1.84%2.27%5.3K9.7K
$773.00Sep 11$13.880.490.2%1.80%1.96%292100
$776.00Sep 18$13.670.460.6%1.77%2.32%4911.2K
$774.00Sep 11$13.300.480.3%1.72%2.02%34198
$777.00Sep 18$13.130.450.7%1.70%2.38%931.8K
$772.00Sep 4$12.850.510.0%1.67%1.70%322379

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 5,464,520
Total Puts 6,051,215
Put/Call Ratio 1.11
Net Difference -586,695

Prior's Put/Call Breakdown

Total Calls 10,097,075
Total Puts 6,937,128
Put/Call Ratio 0.69
Net Difference 3,159,947

Prior 7-Day Put/Call Summary

Total Calls 39,470,312
Total Puts 41,413,450
Average Put/Call Ratio 1.10
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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