Tour v492
SPY
State Street SPDR S&P 500 ETF Trust
$769.40 -0.05%
8/6 15:14

Option Volume

Detail
Current (08/06) 10,456,467
Calls: 4,939,348 (47%)
Puts: 5,517,119 (53%)
Prior (08/05) 12,921,397
Calls: 6,102,510 (47%)
Puts: 6,818,887 (53%)
Current vs Prior -19.08%
Calls: -19.06% (Calls)
Puts: -19.09% (Puts)
Prior 7-Day Total 92,674,492
Calls: 45,265,820 (49%)
Puts: 47,408,672 (51%)
Prior 7-Day Average 13,239,213
Calls: 6,466,545 (49%)
Puts: 6,772,667 (51%)
Current vs Prior 7-Day Avg -21.02%
Calls: -23.62%
Puts: -18.54%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/06) $1.09B
Calls: $554.37M (51%)
Puts: $534.12M (49%)
Prior (08/05) $1.59B
Calls: $513.48M (32%)
Puts: $1.08B (68%)
Current vs Prior -31.51%
Calls: +7.96%
Puts: -50.35%
Prior 7-Day Total $18.80B
Calls: $10.93B (58%)
Puts: $7.87B (42%)
Prior 7-Day Average $2.69B
Calls: $1.56B (58%)
Puts: $1.12B (42%)
Current vs Prior 7-Day Avg -59.47%
Calls: -64.50%
Puts: -52.47%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/06) 1.12
Prior (08/05) 1.12
Current vs Prior -0.04%
Prior 7-Day Average 1.09
Current vs Prior 7-Day Avg +2.45%
Sentiment BEARISH

Open Interest

Detail
Current (08/06) 11,244,694
Calls: 3,242,260 (29%)
Puts: 8,002,434 (71%)
Prior (08/05) 9,921,218
Calls: 2,930,674 (30%)
Puts: 6,990,544 (70%)
Current vs Prior +13.34%
Prior 7-Day Total 58,482,539
Calls: 16,955,463 (29%)
Puts: 41,527,076 (71%)
Prior 7-Day Average 8,354,648
Calls: 2,422,209 (29%)
Puts: 5,932,439 (71%)
Current vs Prior 7-Day Avg +34.59%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/06) | Next (08/07)Expiry (08/07) | Next (08/10)Expiry (08/07) | Next (08/14)Expiry (08/17) | Next (09/18)
Current 0.22% | 0.66%0.66% | 0.87%0.66% | 1.43%1.57% | 3.76%
Prior 0.67% | 0.93%0.25% | 0.93%0.93% | 1.68%1.80% | 3.99%
Current vs Prior -67.04% | -29.87%+159.96% | -6.35%-29.86% | -14.73%-12.53% | -5.68%
Prior 7-Day Avg 0.72% | 0.97%0.39% | 0.97%0.91% | 1.78%2.46% | 4.33%
Current vs 7-Day Avg -69.44% | -32.31%+67.85% | -9.42%-27.74% | -19.41%-36.11% | -13.12%
Prior 7-Day Eod 0.23% | 0.66%0.25% | 0.93%0.93% | 1.68%1.80% | 3.99%
Current vs 7-Day Eod -3.38% | -0.35%+159.96% | -6.35%-29.86% | -14.73%-12.53% | -5.68%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.19% | 0.40%
Calls: 1.25% | 0.39%
Puts: 1.12% | 0.41%
Prior 2.69% | 4.60%
Calls: 3.58% | 8.20%
Puts: 1.79% | 1.01%
Current vs Prior -55.76% | -91.30%
Prior 7-Day Avg 2.10% | 2.17%
Calls: 2.54% | 3.39%
Puts: 1.81% | 1.47%
Current vs 7-Day Avg -43.41% | -81.54%
Liquidity Excellent
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.12. Put-heavy open interest (8,002,434 puts vs 3,242,260 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
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 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 3,015 of results (avg 3.0%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$700.00Aug 2170.7470.81$70.780.1%1190.986.3K
$690.00Aug 2180.6780.75$80.710.1%1820.995.6K
$720.00Aug 2150.9751.05$51.010.2%350.965.3K
$730.00Aug 2141.2241.29$41.260.2%620.9420.4K
$735.00Aug 2136.4136.48$36.440.2%330.9311.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Sep 1813.1513.18$13.170.2%2.9K0.5110.9K
$776.00Sep 1815.8415.88$15.860.3%400.571.3K
$775.00Sep 1815.3615.40$15.380.3%2.0K0.565.9K
$770.00Aug 113.763.77$3.760.3%2.6K0.521.3K
$773.00Sep 1814.4314.47$14.450.3%1.4K0.53698

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 994 found (avg $0.34, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$772.00Aug 60.050.06$0.0616.7%516.2K0.0711.0K
$781.00Aug 70.050.06$0.0616.7%10.7K0.032.7K
$786.00Aug 100.050.06$0.0616.7%1.2K0.02435
$789.00Aug 110.050.06$0.0616.7%3620.02693
$793.00Aug 120.050.06$0.0616.7%300.01--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$767.00Aug 60.050.06$0.0616.7%555.6K0.077.3K
$750.00Aug 70.050.06$0.0616.7%11.1K0.0250.0K
$751.00Aug 70.050.06$0.0616.7%2.7K0.027.3K
$752.00Aug 70.050.06$0.0616.7%2.7K0.0212.9K
$732.00Aug 100.050.06$0.0616.7%3330.017.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,516 found (avg delta 0.86, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$625.00Aug 7143.15145.96$144.561.9%221.0032
$630.00Aug 7138.15140.96$139.562.0%71.0012
$640.00Aug 7128.16130.97$129.572.2%--1.0017
$645.00Aug 7123.15125.96$124.562.3%--1.0023
$650.00Aug 7118.76120.96$119.861.8%--1.0031
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$775.00Aug 65.555.61$5.581.1%4.5K1.003.1K
$776.00Aug 66.496.62$6.562.0%2.8K1.002.4K
$777.00Aug 67.487.62$7.551.9%1.5K1.001.1K
$778.00Aug 68.468.62$8.541.9%7551.00424
$779.00Aug 69.439.61$9.521.9%6301.00190

Most actively traded options today. High liquidity = easy entry/exit. 3,226 active (total vol 10.4M, top 830.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$770.00Aug 60.310.32$0.323.1%635.3K0.346.2K
$769.00Aug 60.790.80$0.801.3%571.4K0.624.2K
$771.00Aug 60.110.12$0.128.3%522.4K0.165.1K
$772.00Aug 60.050.06$0.0616.7%516.2K0.0711.0K
$773.00Aug 60.030.04$0.0425.0%284.7K0.046.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$768.00Aug 60.130.14$0.147.1%830.4K0.178.9K
$769.00Aug 60.370.38$0.382.6%649.9K0.386.7K
$767.00Aug 60.050.06$0.0616.7%555.6K0.077.3K
$770.00Aug 60.880.89$0.891.1%508.8K0.669.4K
$765.00Aug 60.020.03$0.0333.3%287.1K0.039.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 385 strikes (avg 584.4%, max 2613.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$900.00Aug 6Sep 18444.6%16.4%2613.3%112.7K
$895.00Aug 6Sep 18430.0%16.3%2543.2%54.9K
$870.00Aug 6Sep 18355.3%14.3%2384.8%21.3K
$865.00Aug 6Sep 18339.9%13.9%2344.4%93.6K
$860.00Aug 6Sep 18324.4%13.6%2277.4%65.6K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$620.00Aug 6Sep 18606.6%31.0%1859.4%270128.6K
$855.00Aug 6Aug 28308.8%15.9%1838.0%3--
$625.00Aug 6Sep 18585.5%30.3%1834.1%7132.7K
$630.00Aug 6Sep 18564.5%29.6%1804.7%3213.1K
$635.00Aug 6Sep 18543.6%29.0%1776.7%116.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 931 found (best R:R 49.00, avg 3.29)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$810.00$815.00Aug 28$0.10$4.90$0.1049.00$810.10
$830.00$835.00Sep 18$0.11$4.89$0.1144.45$830.11
$810.00$815.00Aug 31$0.12$4.88$0.1240.67$810.12
$825.00$830.00Sep 18$0.16$4.84$0.1630.25$825.16
$795.00$800.00Aug 20$0.17$4.83$0.1728.41$795.17
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$685.00$680.00Sep 11$0.10$4.90$0.1049.00$684.90
$730.00$725.00Aug 20$0.11$4.89$0.1144.45$729.89
$735.00$730.00Aug 20$0.15$4.85$0.1532.33$734.85
$740.00$735.00Aug 20$0.22$4.78$0.2221.73$739.78
$745.00$740.00Aug 20$0.31$4.69$0.3115.13$744.69

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,382 found (best R:R 207.33, avg 2.93)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$685.00$710.00Aug 10$24.88$24.88$0.12207.33$709.88
$675.00$700.00Aug 12$24.71$24.71$0.2985.21$699.71
$680.00$690.00Aug 6$9.88$9.88$0.1282.33$689.88
$700.00$731.00Aug 19$30.60$30.60$0.4076.50$730.60
$695.00$730.00Aug 17$34.50$34.50$0.5069.00$729.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$800.00$790.00Aug 12$9.80$9.80$0.2049.00$790.20
$805.00$800.00Aug 14$4.89$4.89$0.1144.45$800.11
$805.00$800.00Aug 28$4.89$4.89$0.1144.45$800.11
$820.00$785.00Aug 20$34.11$34.11$0.8938.33$785.89
$840.00$835.00Aug 6$4.84$4.84$0.1630.25$835.16

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 217 found (avg debit $0.50, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$780.00Aug 6Aug 7$0.0654.7%13.8%
$685.00Aug 7Aug 10$0.0768.2%37.9%
$718.00Aug 6Aug 7$0.08211.1%46.7%
$670.00Aug 7Aug 10$0.0880.2%40.6%
$779.00Aug 6Aug 7$0.0950.2%13.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$796.00Aug 6Aug 10$0.05109.7%13.2%
$799.00Aug 6Aug 7$0.05120.6%26.8%
$753.00Aug 6Aug 7$0.0673.0%20.1%
$699.00Aug 7Aug 14$0.0657.2%26.3%
$754.00Aug 6Aug 7$0.0768.9%19.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,507 found (cheapest 0.15% of stock, avg 5.28%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$769.00Aug 6$0.80$0.38$1.18$767.82$770.180.15%
$770.00Aug 6$0.32$0.89$1.21$768.79$771.210.16%
$768.00Aug 6$1.57$0.14$1.71$766.29$769.710.22%
$771.00Aug 6$0.12$1.69$1.81$769.19$772.810.24%
$767.00Aug 6$2.51$0.06$2.57$764.43$769.570.33%
$772.00Aug 6$0.06$2.62$2.68$769.32$774.680.35%
$766.00Aug 6$3.48$0.04$3.52$762.48$769.520.46%
$773.00Aug 6$0.04$3.57$3.61$769.39$776.610.47%
$765.00Aug 6$4.47$0.03$4.50$760.50$769.500.58%
$770.00Aug 7$2.05$2.45$4.50$765.50$774.500.58%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 409 found (cheapest 0.02% of stock, avg 1.47%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$771.00$767.00Aug 6$0.12$0.06$0.18$766.82$771.18
$772.00$767.00Aug 6$0.06$0.06$0.12$766.88$772.12
$771.00$768.00Aug 6$0.12$0.14$0.26$767.74$771.26
$772.00$768.00Aug 6$0.06$0.14$0.20$767.80$772.20
$770.00$767.00Aug 6$0.32$0.06$0.38$766.62$770.38
$770.00$768.00Aug 6$0.32$0.14$0.46$767.54$770.46
$771.00$769.00Aug 6$0.12$0.38$0.50$768.50$771.50
$772.00$769.00Aug 6$0.06$0.38$0.44$768.56$772.44
$770.00$769.00Aug 6$0.32$0.38$0.70$768.30$770.70
$774.00$765.00Aug 7$0.64$0.80$1.44$763.56$775.44

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 65 found (best R:R 39.91, avg credit $3.34)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
680/685700/709Sep 11$8.78$0.2239.91$676.22$708.78
730/735740/745Aug 20$4.82$0.1826.78$730.18$744.82
725/730740/745Aug 20$4.78$0.2221.73$725.22$744.78
680/685709/716Sep 11$6.65$0.3519.00$678.35$715.65
735/740745/750Aug 20$4.74$0.2618.23$735.26$749.74
680/685716/722Sep 11$5.64$0.3615.67$679.36$721.64
730/735745/750Aug 20$4.67$0.3314.15$730.33$749.67
680/685725/730Sep 11$4.64$0.3612.89$680.36$729.64
725/730745/750Aug 20$4.63$0.3712.51$725.37$749.63
751/752753/755Aug 18$1.85$0.1512.33$750.15$754.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 423 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$810.00$815.00$820.00Aug 28$0.05$4.9599.00
$795.00$800.00$805.00Aug 20$0.10$4.9049.00
$740.00$745.00$750.00Aug 20$0.15$4.8532.33
$760.00$762.00$764.00Aug 18$0.07$1.9327.57
$750.00$755.00$760.00Aug 20$0.19$4.8125.32
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$730.00$735.00$740.00Aug 20$0.07$4.9370.43
$735.00$740.00$745.00Aug 20$0.09$4.9154.56
$740.00$745.00$750.00Aug 20$0.15$4.8532.33
$810.00$815.00$820.00Aug 11$0.17$4.8328.41
$745.00$750.00$755.00Aug 20$0.22$4.7821.73

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,395 found (best net $--, 1,382 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$835.00$910.001:2Aug 19$0.00$75.00
$835.00$880.001:2Aug 18-$0.01$44.99
$695.00$730.001:2Aug 17-$6.26$28.74
$870.00$895.001:2Aug 6-$0.01$24.99
$700.00$731.001:2Aug 19-$9.56$21.44
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$680.00$650.001:2Aug 18-$0.03$29.97
$690.00$665.001:2Aug 19-$0.02$24.98
$650.00$630.001:2Aug 17-$0.02$19.98
$665.00$650.001:2Aug 19-$0.04$14.96
$640.00$630.001:2Aug 10-$0.01$9.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 414 found (best yield 1.97%, avg 0.43%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$770.00Sep 18$15.150.490.1%1.97%2.05%2.2K12.4K
$771.00Sep 18$14.550.480.2%1.89%2.10%1.5K932
$772.00Sep 18$13.970.470.3%1.82%2.15%2.1K1.6K
$770.00Sep 11$13.660.500.1%1.78%1.85%95268
$773.00Sep 18$13.390.470.5%1.74%2.21%1.0K903
$771.00Sep 11$13.060.490.2%1.70%1.91%241252
$774.00Sep 18$12.830.460.6%1.67%2.27%8311.4K
$772.00Sep 11$12.480.470.3%1.62%1.96%60156
$775.00Sep 18$12.290.450.7%1.60%2.33%1.8K9.6K
$770.00Sep 4$12.040.500.1%1.56%1.64%1.7K997

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 4,939,348
Total Puts 5,517,119
Put/Call Ratio 1.12
Net Difference -577,771

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 45,265,820
Total Puts 47,408,672
Average Put/Call Ratio 1.09
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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