Tour v492
SPY
State Street SPDR S&P 500 ETF Trust
$769.79 -0.20%
$771.25 (+0.19%)🌙
as of 08/05 06:21 PM
8/5 18:21

Option Volume

Detail
Current (08/05) 12,921,397
Calls: 6,102,510 (47%)
Puts: 6,818,887 (53%)
Prior (08/04) 17,034,203
Calls: 10,097,075 (59%)
Puts: 6,937,128 (41%)
Current vs Prior -24.14%
Calls: -39.56% (Calls)
Puts: -1.70% (Puts)
Prior 7-Day Total 80,948,039
Calls: 39,760,881 (49%)
Puts: 41,187,158 (51%)
Prior 7-Day Average 13,491,339
Calls: 5,680,125 (49%)
Puts: 5,883,879 (51%)
Current vs Prior 7-Day Avg -4.22%
Calls: +7.44%
Puts: +15.89%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/05) $1.59B
Calls: $513.48M (32%)
Puts: $1.08B (68%)
Prior (08/04) $4.82B
Calls: $3.89B (81%)
Puts: $931.38M (19%)
Current vs Prior -67.03%
Calls: -86.80%
Puts: +15.51%
Prior 7-Day Total $17.48B
Calls: $10.36B (59%)
Puts: $7.12B (41%)
Prior 7-Day Average $2.91B
Calls: $1.48B (59%)
Puts: $1.02B (41%)
Current vs Prior 7-Day Avg -45.44%
Calls: -65.30%
Puts: +5.78%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/05) 1.12
Prior (08/04) 0.69
Current vs Prior +62.64%
Prior 7-Day Average 1.08
Current vs Prior 7-Day Avg +3.13%
Sentiment BEARISH

Open Interest

Detail
Current (08/05) 9,921,218
Calls: 2,930,674 (30%)
Puts: 6,990,544 (70%)
Prior (08/04) 9,534,496
Calls: 2,724,095 (29%)
Puts: 6,810,401 (71%)
Current vs Prior +4.06%
Prior 7-Day Total 48,498,880
Calls: 14,026,571 (29%)
Puts: 34,472,309 (71%)
Prior 7-Day Average 8,083,146
Calls: 2,337,761 (29%)
Puts: 5,745,384 (71%)
Current vs Prior 7-Day Avg +22.74%
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 0.25% | 0.67%0.25% | 0.93%0.93% | 1.68%1.80% | 3.99%
Prior 0.67% | 0.88%0.67% | 1.08%1.08% | 1.83%1.96% | 4.14%
Current vs Prior -0.38% | +6.10%-62.33% | -13.31%-13.31% | -8.11%-8.28% | -3.51%
Prior 7-Day Avg 0.73% | 0.97%0.42% | 0.97%0.90% | 1.80%2.59% | 4.40%
Current vs 7-Day Avg -8.60% | -4.15%-39.71% | -3.92%+3.65% | -6.52%-30.70% | -9.31%
Prior 7-Day Eod 0.23% | 0.65%0.67% | 1.08%1.08% | 1.83%1.96% | 4.14%
Current vs 7-Day Eod +195.58% | +44.17%-62.33% | -13.31%-13.31% | -8.11%-8.28% | -3.51%
Sentiment BULLISHBULLISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 2.69% | 4.60%
Calls: 3.58% | 8.20%
Puts: 1.79% | 1.01%
Prior 1.33% | 2.40%
Calls: 1.30% | 3.13%
Puts: 1.37% | 1.67%
Current vs Prior +102.26% | +91.67%
Prior 7-Day Avg 1.93% | 1.82%
Calls: 2.33% | 2.42%
Puts: 1.81% | 1.57%
Current vs 7-Day Avg +39.62% | +152.29%
Liquidity Good
+
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🤖 AI Insights

Moderately bearish flow with 68% put dollar volume ($1.08B). Light premium activity with dollar volume down 67% vs prior. Slightly bearish P/C ratio of 1.12. P/C ratio rising 63% - 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 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 2,309 of results (avg 3.5%, best 0.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$690.00Aug 2182.2282.39$82.310.2%30.99--
$700.00Aug 2172.2972.47$72.380.2%1.0K0.987.2K
$720.00Aug 2152.5752.75$52.660.3%200.965.3K
$740.00Aug 731.0831.19$31.140.4%970.998.0K
$745.00Aug 726.1226.22$26.170.4%2880.988.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$774.00Sep 1814.8914.96$14.930.5%2830.531.6K
$773.00Sep 1814.4514.52$14.490.5%2740.53677
$777.00Sep 1816.2916.37$16.330.5%3380.56203
$772.00Sep 1814.0214.09$14.060.5%1.5K0.51583
$776.00Sep 1815.8115.89$15.850.5%4510.551.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 792 found (avg $0.36, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$783.00Aug 60.050.06$0.0616.7%23.8K0.021.7K
$789.00Aug 70.050.06$0.0616.7%2.3K0.02--
$794.00Aug 100.050.06$0.0616.7%6150.01--
$795.00Aug 100.050.06$0.0616.7%2.1K0.011.3K
$810.00Aug 130.050.06$0.0616.7%990.01566
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$754.00Aug 60.050.06$0.0616.7%3.9K0.023.5K
$741.00Aug 70.050.06$0.0616.7%4100.013.9K
$742.00Aug 70.050.06$0.0616.7%3730.015.8K
$725.00Aug 100.050.06$0.0616.7%1030.01910
$726.00Aug 100.050.06$0.0616.7%6060.01769

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,303 found (avg delta 0.85, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$680.00Aug 589.1692.68$90.923.9%51.00--
$690.00Aug 579.1682.68$80.924.3%51.00--
$702.00Aug 567.1670.68$68.925.1%11.001
$705.00Aug 564.2367.67$65.955.2%561.0045
$706.00Aug 563.2366.68$64.965.3%111.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Aug 50.040.05$0.0520.0%686.1K1.0013.2K
$771.00Aug 50.330.35$0.345.9%776.6K1.007.3K
$772.00Aug 51.121.18$1.155.2%540.0K1.0011.4K
$773.00Aug 52.002.17$2.098.1%347.6K1.006.1K
$774.00Aug 53.003.26$3.138.3%252.7K1.001.9K

Most actively traded options today. High liquidity = easy entry/exit. 3,530 active (total vol 12.9M, top 776.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Aug 50.030.04$0.0425.0%660.9K0.0913.3K
$773.00Aug 50.000.01$0.01100.0%454.2K0.0113.9K
$775.00Aug 50.000.01$0.01100.0%416.7K0.0110.2K
$776.00Aug 50.000.01$0.01100.0%380.3K0.016.2K
$777.00Aug 50.000.01$0.01100.0%362.3K0.017.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$771.00Aug 50.330.35$0.345.9%776.6K1.007.3K
$770.00Aug 50.040.05$0.0520.0%686.1K1.0013.2K
$772.00Aug 51.121.18$1.155.2%540.0K1.0011.4K
$769.00Aug 50.010.02$0.0250.0%347.8K0.055.6K
$773.00Aug 52.002.17$2.098.1%347.6K1.006.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 319 strikes (avg 737.2%, max 3608.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$900.00Aug 5Sep 18621.7%16.8%3608.1%62812.4K
$880.00Aug 5Sep 18538.2%15.2%3438.6%756.0K
$865.00Aug 5Sep 18473.6%14.2%3232.0%2.9K2.4K
$860.00Aug 5Sep 18451.6%13.9%3159.2%1475.8K
$855.00Aug 5Sep 18429.5%13.6%3055.5%8394.4K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$900.00Aug 5Sep 18621.7%16.8%3608.1%85
$850.00Aug 5Sep 11407.1%13.6%2901.9%33--
$840.00Aug 5Aug 28361.6%14.4%2406.3%5--
$830.00Aug 5Sep 18315.1%12.8%2371.1%10--
$855.00Aug 5Aug 21429.5%18.4%2229.0%101

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 953 found (best R:R 44.45, avg 3.77)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$790.00$795.00Aug 11$0.11$4.89$0.1144.45$790.11
$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
$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$0.11$4.89$0.1144.45$729.89
$690.00$685.00Sep 11$0.13$4.87$0.1337.46$689.87
$735.00$730.00Aug 19$0.16$4.84$0.1630.25$734.84
$740.00$735.00Aug 19$0.23$4.77$0.2320.74$739.77
$745.00$740.00Aug 19$0.32$4.68$0.3214.63$744.68

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,416 found (best R:R 349.00, avg 4.11)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$655.00$690.00Sep 4$34.67$34.67$0.33105.06$689.67
$708.00$727.00Aug 17$18.81$18.81$0.1999.00$726.81
$680.00$700.00Aug 28$19.79$19.79$0.2194.24$699.79
$635.00$655.00Sep 4$19.79$19.79$0.2194.24$654.79
$665.00$680.00Aug 31$14.82$14.82$0.1882.33$679.82
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$900.00$830.00Sep 18$69.80$69.80$0.20349.00$830.20
$840.00$820.00Aug 28$19.86$19.86$0.14141.86$820.14
$823.00$807.00Sep 11$15.73$15.73$0.2758.26$807.27
$815.00$800.00Aug 28$14.72$14.72$0.2852.57$800.28
$829.00$820.00Sep 4$8.82$8.82$0.1849.00$820.18

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 169 found (avg debit $0.60, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$782.00Aug 5Aug 6$0.0771.2%15.4%
$781.00Aug 5Aug 6$0.0965.5%14.9%
$780.00Aug 5Aug 6$0.1259.7%14.5%
$779.00Aug 5Aug 6$0.1653.8%14.1%
$761.00Aug 5Aug 6$0.1864.9%17.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$692.00Aug 7Aug 14$0.0551.5%27.7%
$693.00Aug 7Aug 14$0.0550.9%27.4%
$694.00Aug 7Aug 14$0.0550.3%27.1%
$696.00Aug 7Aug 14$0.0549.0%26.4%
$755.00Aug 5Aug 6$0.0699.9%20.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,269 found (cheapest 0.08% of stock, avg 4.62%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$771.00Aug 5$0.24$0.34$0.58$770.42$771.580.08%
$770.00Aug 5$0.94$0.05$0.99$769.01$770.990.13%
$772.00Aug 5$0.04$1.15$1.19$770.81$773.190.15%
$769.00Aug 5$1.89$0.02$1.91$767.09$770.910.25%
$773.00Aug 5$0.01$2.09$2.10$770.90$775.100.27%
$768.00Aug 5$2.88$0.02$2.90$765.10$770.900.38%
$774.00Aug 5$0.01$3.13$3.14$770.86$777.140.41%
$767.00Aug 5$3.93$0.02$3.95$763.05$770.950.51%
$775.00Aug 5$0.01$4.09$4.10$770.90$779.100.53%
$771.00Aug 6$2.15$2.22$4.37$766.63$775.370.57%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.18% of stock, avg 1.60%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$775.00$766.00Aug 6$0.66$0.71$1.37$764.63$776.37
$775.00$767.00Aug 6$0.66$0.90$1.56$765.44$776.56
$774.00$766.00Aug 6$0.92$0.71$1.63$764.37$775.63
$775.00$768.00Aug 6$0.66$1.13$1.79$766.21$776.79
$774.00$767.00Aug 6$0.92$0.90$1.82$765.18$775.82
$773.00$766.00Aug 6$1.24$0.71$1.95$764.05$774.95
$774.00$768.00Aug 6$0.92$1.13$2.05$765.95$776.05
$775.00$769.00Aug 6$0.66$1.42$2.08$766.92$777.08
$773.00$767.00Aug 6$1.24$0.90$2.14$764.86$775.14
$774.00$769.00Aug 6$0.92$1.42$2.34$766.66$776.34

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 102 found (best R:R 15.51, avg credit $2.42)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
685/690710/728Sep 11$16.91$1.0915.51$673.09$726.91
685/690728/733Sep 11$4.66$0.3413.71$685.34$732.66
735/736737/740Sep 11$2.74$0.2610.54$733.26$739.74
731/732737/740Sep 11$2.73$0.2710.11$729.27$739.73
733/734737/740Sep 11$2.73$0.2710.11$731.27$739.73
734/735737/740Sep 11$2.73$0.2710.11$732.27$739.73
751/752753/755Aug 18$1.81$0.199.53$750.19$754.81
750/751753/755Aug 18$1.80$0.209.00$749.20$754.80
751/752753/755Aug 17$1.78$0.228.09$750.22$754.78
755/756757/759Aug 17$1.78$0.228.09$754.22$758.78

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 395 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$815.00$820.00$825.00Aug 28$0.05$4.9599.00
$830.00$835.00$840.00Sep 18$0.05$4.9599.00
$805.00$810.00$815.00Aug 21$0.06$4.9482.33
$815.00$820.00$825.00Aug 31$0.06$4.9482.33
$800.00$805.00$810.00Aug 17$0.07$4.9370.43
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$725.00$730.00$735.00Aug 19$0.05$4.9599.00
$835.00$840.00$845.00Aug 10$0.06$4.9482.33
$795.00$800.00$805.00Aug 17$0.06$4.9482.33
$815.00$820.00$825.00Aug 31$0.06$4.9482.33
$730.00$735.00$740.00Aug 19$0.07$4.9370.43

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,126 found (best net $--, 1,115 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$875.00$910.001:2Aug 12$0.00$35.00
$865.00$890.001:2Aug 11$0.00$25.00
$885.00$910.001:2Aug 13$0.00$25.00
$880.00$900.001:2Aug 5-$0.01$19.99
$900.00$920.001:2Aug 5-$0.01$19.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$680.00$650.001:2Aug 18-$0.02$29.98
$655.00$630.001:2Aug 11$0.00$25.00
$665.00$640.001:2Aug 6-$0.01$24.99
$700.00$680.001:2Aug 5-$0.01$19.99
$685.00$665.001:2Aug 6-$0.01$19.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 415 found (best yield 2.18%, avg 0.54%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$770.00Sep 18$16.790.510.0%2.18%2.21%1.2K12.9K
$771.00Sep 18$16.180.500.2%2.10%2.26%125905
$772.00Sep 18$15.580.490.3%2.02%2.31%2531.6K
$770.00Sep 11$15.080.530.0%1.96%1.99%215211
$773.00Sep 18$15.000.470.4%1.95%2.37%1.2K910
$771.00Sep 11$14.690.510.2%1.91%2.07%501162
$774.00Sep 18$14.420.470.6%1.87%2.42%1.3K1.4K
$772.00Sep 11$14.100.500.3%1.83%2.12%497140
$775.00Sep 18$13.860.460.7%1.80%2.48%5.6K9.7K
$773.00Sep 11$13.510.480.4%1.76%2.17%367100

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 6,102,510
Total Puts 6,818,887
Put/Call Ratio 1.12
Net Difference -716,377

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 39,760,881
Total Puts 41,187,158
Average Put/Call Ratio 1.08
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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