Tour v492
SPY
State Street SPDR S&P 500 ETF Trust
$771.75 +0.05%
8/5 15:16

Option Volume

Detail
Current (08/05) 11,584,538
Calls: 5,497,950 (47%)
Puts: 6,086,588 (53%)
Prior (08/04) 17,034,203
Calls: 10,097,075 (59%)
Puts: 6,937,128 (41%)
Current vs Prior -31.99%
Calls: -45.55% (Calls)
Puts: -12.26% (Puts)
Prior 7-Day Total 92,399,497
Calls: 44,934,832 (49%)
Puts: 47,464,665 (51%)
Prior 7-Day Average 13,199,928
Calls: 6,419,261 (49%)
Puts: 6,780,666 (51%)
Current vs Prior 7-Day Avg -12.24%
Calls: -14.35%
Puts: -10.24%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/05) $1.36B
Calls: $540.50M (40%)
Puts: $822.52M (60%)
Prior (08/04) $4.82B
Calls: $3.89B (81%)
Puts: $931.38M (19%)
Current vs Prior -71.73%
Calls: -86.10%
Puts: -11.69%
Prior 7-Day Total $18.86B
Calls: $11.09B (59%)
Puts: $7.77B (41%)
Prior 7-Day Average $2.69B
Calls: $1.58B (59%)
Puts: $1.11B (41%)
Current vs Prior 7-Day Avg -49.41%
Calls: -65.89%
Puts: -25.87%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/05) 1.11
Prior (08/04) 0.69
Current vs Prior +61.13%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg +0.47%
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 54,779,224
Calls: 15,785,415 (29%)
Puts: 38,993,809 (71%)
Prior 7-Day Average 7,825,603
Calls: 2,255,059 (29%)
Puts: 5,570,544 (71%)
Current vs Prior 7-Day Avg +42.89%
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% | 0.65%0.23% | 0.91%0.91% | 1.63%1.76% | 3.90%
Prior 0.67% | 0.88%0.67% | 1.08%1.08% | 1.83%1.96% | 4.14%
Current vs Prior -66.30% | -26.40%-66.29% | -15.82%-15.82% | -10.62%-10.11% | -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 -70.22% | -36.41%-54.71% | -14.13%-9.03% | -12.14%-34.58% | -12.43%
Prior 7-Day Eod 0.23% | 0.66%0.67% | 1.08%1.08% | 1.83%1.96% | 4.14%
Current vs 7-Day Eod -0.57% | -1.19%-66.29% | -15.82%-15.82% | -10.62%-10.11% | -5.66%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.20% | 0.95%
Calls: 0.95% | 1.48%
Puts: 1.45% | 0.43%
Prior 1.33% | 2.40%
Calls: 1.30% | 3.13%
Puts: 1.37% | 1.67%
Current vs Prior -9.77% | -60.42%
Prior 7-Day Avg 1.89% | 1.68%
Calls: 2.17% | 2.19%
Puts: 1.68% | 1.47%
Current vs 7-Day Avg -36.46% | -43.36%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 60% put dollar volume ($822.52M). 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 3,104 of results (avg 2.9%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$690.00Aug 2183.1683.26$83.210.1%10.995.6K
$700.00Aug 2173.2373.32$73.280.1%1.0K0.987.2K
$740.00Aug 732.0432.09$32.070.2%910.998.0K
$720.00Aug 2153.4853.57$53.530.2%100.965.3K
$730.00Aug 2143.7343.81$43.770.2%160.9420.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$778.00Sep 1816.1816.22$16.200.2%1880.56279
$776.00Sep 1815.2215.26$15.240.3%4510.541.0K
$773.00Aug 73.713.72$3.720.3%8.6K0.561.5K
$752.00Sep 187.427.44$7.430.3%2170.301.6K
$765.00Sep 1810.8810.91$10.900.3%1.0K0.426.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 907 found (avg $0.34, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$785.00Aug 60.050.06$0.0616.7%21.0K0.023.5K
$790.00Aug 70.050.06$0.0616.7%14.7K0.027.5K
$795.00Aug 100.050.06$0.0616.7%1.6K0.021.3K
$796.00Aug 100.050.06$0.0616.7%890.01--
$797.00Aug 100.050.06$0.0616.7%1000.01--
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. 1,641 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Aug 5145.05148.46$146.762.3%--1.0022
$630.00Aug 6140.09143.54$141.822.4%11.001
$625.00Aug 7145.22148.48$146.852.2%--1.0032
$630.00Aug 7140.23143.50$141.872.3%--1.0012
$640.00Aug 7130.23133.49$131.862.5%--1.0017
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$777.00Aug 55.175.27$5.221.9%38.1K1.00562
$778.00Aug 56.176.27$6.221.6%11.6K1.00374
$779.00Aug 57.107.27$7.192.4%4.9K1.00207
$780.00Aug 58.178.27$8.221.2%5.3K1.00395
$781.00Aug 59.139.27$9.201.5%1.8K1.00306

Most actively traded options today. High liquidity = easy entry/exit. 3,472 active (total vol 11.5M, top 667.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Aug 50.470.48$0.482.1%563.3K0.4413.3K
$773.00Aug 50.170.18$0.185.6%395.6K0.2013.9K
$775.00Aug 50.020.03$0.0333.3%394.8K0.0410.2K
$776.00Aug 50.010.02$0.0250.0%369.1K0.036.2K
$777.00Aug 50.010.02$0.0250.0%356.8K0.027.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Aug 50.260.27$0.273.7%667.6K0.297.3K
$770.00Aug 50.080.09$0.0911.1%605.1K0.1213.2K
$772.00Aug 50.680.69$0.691.4%485.9K0.5611.4K
$773.00Aug 51.371.40$1.392.2%337.5K0.806.1K
$769.00Aug 50.030.04$0.0425.0%319.6K0.055.6K

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 572.6%, max 2703.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$920.00Aug 5Sep 18502.3%17.9%2703.4%51.1K
$900.00Aug 5Sep 18444.1%16.3%2624.5%62012.4K
$880.00Aug 5Sep 18383.9%15.0%2466.3%716.0K
$875.00Aug 5Sep 18368.6%14.6%2425.2%704.9K
$870.00Aug 5Sep 18353.1%14.4%2357.4%1141.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$900.00Aug 5Sep 18444.1%16.3%2624.5%85
$850.00Aug 5Sep 11289.6%13.4%2057.7%33--
$620.00Aug 5Sep 18624.9%31.1%1912.5%483128.5K
$625.00Aug 5Sep 18603.5%30.4%1882.0%110132.8K
$630.00Aug 5Sep 18582.1%29.7%1857.0%12711.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 972 found (best R:R 49.00, avg 3.70)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$800.00$805.00Aug 17$0.11$4.89$0.1144.45$800.11
$830.00$835.00Sep 11$0.11$4.89$0.1144.45$830.11
$790.00$795.00Aug 11$0.12$4.88$0.1240.67$790.12
$795.00$800.00Aug 13$0.12$4.88$0.1240.67$795.12
$805.00$810.00Aug 21$0.12$4.88$0.1240.67$805.12
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$730.00$725.00Aug 19$0.10$4.90$0.1049.00$729.90
$685.00$680.00Sep 11$0.10$4.90$0.1049.00$684.90
$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

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,450 found (best R:R 125.67, avg 3.02)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$708.00$727.00Aug 17$18.85$18.85$0.15125.67$726.85
$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$24.68$24.68$0.3277.13$679.68
$718.00$724.00Aug 13$5.90$5.90$0.1059.00$723.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$810.00$805.00Aug 28$4.89$4.89$0.1144.45$805.11
$835.00$830.00Aug 5$4.88$4.88$0.1240.67$830.12
$795.00$790.00Aug 18$4.87$4.87$0.1337.46$790.13
$805.00$800.00Aug 21$4.87$4.87$0.1337.46$800.13
$800.00$795.00Aug 13$4.84$4.84$0.1630.25$795.16

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 227 found (avg debit $0.55, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$630.00Aug 6Aug 7$0.05114.5%81.8%
$724.00Aug 5Aug 6$0.06199.5%43.4%
$727.00Aug 5Aug 6$0.06187.6%40.8%
$761.00Aug 5Aug 6$0.0657.2%16.4%
$784.00Aug 5Aug 6$0.0655.7%15.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$694.00Aug 7Aug 14$0.0549.2%27.2%
$696.00Aug 7Aug 14$0.0548.0%26.5%
$697.00Aug 7Aug 14$0.0547.4%26.2%
$756.00Aug 5Aug 6$0.0671.3%19.2%
$780.00Aug 5Aug 6$0.0644.5%13.9%

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$0.48$0.69$1.17$770.83$773.170.15%
$771.00Aug 5$1.05$0.27$1.32$769.68$772.320.17%
$773.00Aug 5$0.18$1.39$1.57$771.43$774.570.20%
$770.00Aug 5$1.88$0.09$1.97$768.03$771.970.26%
$774.00Aug 5$0.07$2.28$2.35$771.65$776.350.30%
$769.00Aug 5$2.83$0.04$2.87$766.13$771.870.37%
$775.00Aug 5$0.03$3.23$3.26$771.74$778.260.42%
$768.00Aug 5$3.81$0.03$3.84$764.16$771.840.50%
$776.00Aug 5$0.02$4.22$4.24$771.76$780.240.55%
$772.00Aug 6$2.15$2.30$4.45$767.55$776.450.58%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 406 found (cheapest 0.02% of stock, avg 1.57%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$774.00$770.00Aug 5$0.07$0.09$0.16$769.84$774.16
$773.00$770.00Aug 5$0.18$0.09$0.27$769.73$773.27
$774.00$771.00Aug 5$0.07$0.27$0.34$770.66$774.34
$773.00$771.00Aug 5$0.18$0.27$0.45$770.55$773.45
$772.00$770.00Aug 5$0.48$0.09$0.57$769.43$772.57
$772.00$771.00Aug 5$0.48$0.27$0.75$770.25$772.75
$776.00$767.00Aug 6$0.71$0.71$1.42$765.58$777.42
$776.00$768.00Aug 6$0.71$0.91$1.62$766.38$777.62
$775.00$767.00Aug 6$0.97$0.71$1.68$765.32$776.68
$775.00$768.00Aug 6$0.97$0.91$1.88$766.12$776.88

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 117 found (best R:R 49.00, avg credit $2.52)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
735/740755/760Aug 19$4.90$0.1049.00$735.10$759.90
730/735755/760Aug 19$4.84$0.1630.25$730.16$759.84
680/685690/709Sep 11$18.37$0.6329.16$666.63$708.37
725/730755/760Aug 19$4.80$0.2024.00$725.20$759.80
685/690710/725Sep 11$14.21$0.7917.99$675.79$724.21
680/685710/725Sep 11$14.20$0.8017.75$670.80$724.20
751/752753/755Aug 17$1.87$0.1314.38$750.13$754.87
751/752753/755Aug 18$1.85$0.1512.33$750.15$754.85
754/755763/764Aug 18$0.90$0.109.00$754.10$763.90
755/756763/764Aug 18$0.90$0.109.00$755.10$763.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 448 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$670.00$675.00$680.00Aug 7$0.05$4.9599.00
$675.00$680.00$685.00Aug 7$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
$795.00$800.00$805.00Aug 12$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
$850.00$855.00$860.00Aug 13$0.05$4.9599.00
$840.00$845.00$850.00Aug 17$0.05$4.9599.00
$855.00$860.00$865.00Aug 17$0.05$4.9599.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,318 found (best net $-0.01, 1,301 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. 392 found (best yield 2.07%, avg 0.51%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$772.00Sep 18$15.980.500.0%2.07%2.10%2031.6K
$773.00Sep 18$15.390.480.2%1.99%2.16%1.1K910
$774.00Sep 18$14.810.470.3%1.92%2.21%1.2K1.4K
$772.00Sep 11$14.490.510.0%1.88%1.91%346140
$775.00Sep 18$14.240.470.4%1.85%2.27%5.3K9.7K
$773.00Sep 11$13.900.490.2%1.80%1.96%292100
$776.00Sep 18$13.680.460.6%1.77%2.32%4951.2K
$774.00Sep 11$13.310.480.3%1.72%2.02%34698
$777.00Sep 18$13.140.450.7%1.70%2.38%931.8K
$772.00Sep 4$12.860.510.0%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 5,497,950
Total Puts 6,086,588
Put/Call Ratio 1.11
Net Difference -588,638

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 44,934,832
Total Puts 47,464,665
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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