Tour v411
SPY
State Street SPDR S&P 500 ETF Trust
$744.87 +0.80%
7/27 09:40

Option Volume

Detail
Current (07/27 9:40am) 663,714
Calls: 316,976 (48%)
Puts: 346,738 (52%)
Prior (07/24) 478,165
Calls: 237,429 (50%)
Puts: 240,736 (50%)
Current vs Prior +38.80%
Calls: +33.50% (Calls)
Puts: +44.03% (Puts)
Prior 7-Day Total 13,463,587
Calls: 5,993,041 (45%)
Puts: 7,470,546 (55%)
Prior 7-Day Average 6,731,793
Calls: 856,148 (45%)
Puts: 1,067,220 (55%)
Current vs Prior 7-Day Avg -90.14%
Calls: -62.98%
Puts: -67.51%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 9:40am) $107.14M
Calls: $55.67M (52%)
Puts: $51.47M (48%)
Prior (07/24) $68.00M
Calls: $31.77M (47%)
Puts: $36.22M (53%)
Current vs Prior +57.57%
Calls: +75.21%
Puts: +42.10%
Prior 7-Day Total $1.73B
Calls: $496.90M (29%)
Puts: $1.23B (71%)
Prior 7-Day Average $864.55M
Calls: $70.99M (29%)
Puts: $176.03M (71%)
Current vs Prior 7-Day Avg -87.61%
Calls: -21.57%
Puts: -70.76%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/27 9:40am) 1.09
Prior (07/24) 1.01
Current vs Prior +7.89%
Prior 7-Day Average 1.17
Current vs Prior 7-Day Avg -6.19%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 9:40am) 7,554,153
Calls: 2,204,257 (29%)
Puts: 5,349,896 (71%)
Prior (07/24) 7,935,049
Calls: 2,382,267 (30%)
Puts: 5,552,782 (70%)
Current vs Prior -4.80%
Prior 7-Day Total 15,489,202
Calls: 4,586,524 (30%)
Puts: 10,902,678 (70%)
Prior 7-Day Average 7,744,601
Calls: 2,293,262 (30%)
Puts: 5,451,339 (70%)
Current vs Prior 7-Day Avg -2.46%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/27) | Next (07/28)Expiry (07/27) | Next (07/29)Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 0.43% | 0.68%0.43% | 1.04%1.54% | 2.16%3.13% | 4.69%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -45.38% | -34.30%+174.46% | +31.53%+883.38% | +16.03%-10.14% | -6.42%
Prior 7-Day Avg 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs 7-Day Avg -45.38% | -34.30%+174.46% | +31.53%+883.38% | +16.03%-10.14% | -6.42%
Prior 7-Day Eod 0.79% | 1.03%0.79% | 1.36%1.86% | 2.49%3.48% | 5.01%
Current vs 7-Day Eod -45.38% | -34.30%-45.39% | -23.55%-16.97% | -13.31%-10.14% | -6.42%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.64% | 1.12%
Calls: 0.55% | 1.81%
Puts: 0.72% | 0.44%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -37.25% | +69.70%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -37.25% | +69.70%
Liquidity Excellent
+
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🤖 AI Insights

Elevated premium activity with dollar volume up 58% vs prior. Slightly bearish P/C ratio of 1.09. Put-heavy open interest (5,349,896 puts vs 2,204,257 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:40BULLISHNEUTRALMIXED
09:35BULLISHNEUTRALMIXED

📈 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 2,303 of results (avg 2.2%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31145.22145.29$145.260.0%--1.006.3K
$700.00Jul 3145.4745.54$45.510.2%--0.986.6K
$749.00Aug 75.805.81$5.810.2%100.431.2K
$745.00Jul 315.575.58$5.580.2%2.6K0.5110.8K
$747.00Aug 45.455.46$5.460.2%140.46267
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$747.00Aug 46.986.99$6.990.1%690.5471
$741.00Aug 55.135.14$5.140.2%440.40330
$746.00Jul 305.055.06$5.060.2%3080.53527
$740.00Aug 218.668.68$8.670.2%5580.4226.4K
$733.00Aug 318.548.56$8.550.2%--0.351.6K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 599 found (avg $0.40, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 270.050.06$0.0616.7%16.6K0.0514.3K
$754.00Jul 280.050.06$0.0616.7%1240.03853
$760.00Jul 290.050.06$0.0616.7%5940.023.6K
$765.00Jul 300.050.06$0.0616.7%--0.021.2K
$768.00Jul 310.050.06$0.0616.7%1450.012.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$734.00Jul 270.050.06$0.0616.7%1.9K0.036.7K
$722.00Jul 280.050.06$0.0616.7%330.01550
$723.00Jul 280.050.06$0.0616.7%290.011.6K
$703.00Jul 290.050.06$0.0616.7%--0.01418
$704.00Jul 290.050.06$0.0616.7%30.01186

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,009 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 27143.52146.21$144.871.9%21.00--
$605.00Jul 27138.57140.88$139.731.7%21.00--
$610.00Jul 27133.52135.70$134.611.6%21.00--
$615.00Jul 27128.59130.86$129.731.7%21.00--
$620.00Jul 27123.52125.75$124.641.8%61.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Jul 3119.1621.83$20.4913.0%--1.0010
$766.00Jul 3119.9322.53$21.2312.2%41.00--
$770.00Jul 3123.7726.51$25.1410.9%61.0028
$771.00Jul 3125.4126.91$26.165.7%--1.00104
$774.00Jul 3128.2130.51$29.367.8%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 1,822 active (total vol 661.8K, top 35.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$747.00Jul 270.400.41$0.412.4%35.4K0.258.1K
$745.00Jul 271.211.22$1.210.8%32.9K0.5011.6K
$746.00Jul 270.740.75$0.751.3%30.0K0.376.2K
$748.00Jul 270.200.21$0.214.8%23.0K0.1510.9K
$750.00Jul 270.050.06$0.0616.7%16.6K0.0514.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$744.00Jul 270.980.99$0.991.0%31.8K0.391.7K
$745.00Jul 271.381.39$1.380.7%22.8K0.502.7K
$740.00Jul 270.260.27$0.273.7%20.1K0.1210.2K
$743.00Jul 270.700.71$0.711.4%18.9K0.293.6K
$708.00Aug 213.053.07$3.060.7%16.0K0.1514.9K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 340 strikes (avg 188.3%, max 952.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4178.1%16.9%952.5%--58
$870.00Jul 27Sep 4172.3%16.4%951.9%--529
$860.00Jul 27Aug 31160.4%15.4%940.5%--2.7K
$850.00Jul 27Aug 31148.4%15.0%892.3%--2.8K
$840.00Jul 27Aug 31136.1%14.2%858.3%--8.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$605.00Jul 27Aug 31229.3%33.9%576.7%50120.8K
$615.00Jul 27Aug 31212.3%32.3%557.8%--2.1K
$620.00Jul 27Aug 31204.0%31.5%547.3%121.4K
$625.00Jul 27Aug 31195.6%30.7%537.1%501.1K
$630.00Jul 27Sep 4187.3%29.6%531.9%130

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 911 found (best R:R 89.91, avg 4.41)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$790.00$795.00Aug 28$0.17$4.83$0.1728.41$790.17
$770.00$775.00Aug 10$0.21$4.79$0.2122.81$770.21
$785.00$790.00Aug 28$0.27$4.73$0.2717.52$785.27
$791.00$793.00Sep 4$0.12$1.88$0.1215.67$791.12
$788.00$790.00Sep 4$0.15$1.85$0.1512.33$788.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$610.00$600.00Sep 4$0.11$9.89$0.1189.91$609.89
$630.00$610.00Sep 4$0.27$19.73$0.2773.07$629.73
$690.00$670.00Aug 10$0.29$19.71$0.2967.97$689.71
$640.00$630.00Sep 4$0.19$9.81$0.1951.63$639.81
$700.00$695.00Aug 5$0.10$4.90$0.1049.00$699.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,277 found (best R:R 226.27, avg 2.48)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$625.00$650.00Aug 7$24.89$24.89$0.11226.27$649.89
$710.00$720.00Jul 30$9.81$9.81$0.1951.63$719.81
$685.00$698.00Aug 28$12.72$12.72$0.2845.43$697.72
$640.00$645.00Jul 27$4.89$4.89$0.1144.45$644.89
$610.00$615.00Jul 27$4.88$4.88$0.1240.67$614.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$800.00$780.00Aug 7$19.87$19.87$0.13152.85$780.13
$800.00$782.00Aug 21$17.84$17.84$0.16111.50$782.16
$810.00$805.00Jul 28$4.86$4.86$0.1434.71$805.14
$770.00$767.00Aug 7$2.89$2.89$0.1126.27$767.11
$757.00$755.00Jul 29$1.87$1.87$0.1314.38$755.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 218 found (avg debit $1.27, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$753.00Jul 27Jul 28$0.0618.6%10.7%
$799.00Jul 31Aug 21$0.0823.1%11.7%
$797.00Jul 31Aug 21$0.0922.4%11.5%
$798.00Jul 31Aug 21$0.0922.7%11.6%
$752.00Jul 27Jul 28$0.1016.7%10.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$724.00Jul 27Jul 28$0.0541.3%22.5%
$726.00Jul 27Jul 28$0.0540.0%21.6%
$765.00Jul 28Jul 29$0.0515.9%14.2%
$771.00Jul 28Jul 31$0.0520.1%13.4%
$727.00Jul 27Jul 28$0.0638.2%21.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 997 found (cheapest 0.35% of stock, avg 5.18%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$745.00Jul 27$1.21$1.38$2.59$742.41$747.590.35%
$746.00Jul 27$0.75$1.90$2.65$743.35$748.650.36%
$744.00Jul 27$1.83$0.99$2.82$741.18$746.820.38%
$747.00Jul 27$0.41$2.57$2.98$744.02$749.980.40%
$743.00Jul 27$2.54$0.71$3.25$739.75$746.250.44%
$748.00Jul 27$0.21$3.36$3.57$744.43$751.570.48%
$742.00Jul 27$3.34$0.51$3.85$738.15$745.850.52%
$749.00Jul 27$0.11$4.23$4.34$744.66$753.340.58%
$746.00Jul 28$1.63$2.75$4.38$741.62$750.380.59%
$745.00Jul 28$2.17$2.29$4.46$740.54$749.460.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.05% of stock, avg 1.66%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$749.00$740.00Jul 27$0.11$0.27$0.38$739.62$749.38
$748.00$740.00Jul 27$0.21$0.27$0.48$739.52$748.48
$749.00$741.00Jul 27$0.11$0.36$0.47$740.53$749.47
$748.00$741.00Jul 27$0.21$0.36$0.57$740.43$748.57
$749.00$742.00Jul 27$0.11$0.51$0.62$741.38$749.62
$747.00$740.00Jul 27$0.41$0.27$0.68$739.32$747.68
$747.00$741.00Jul 27$0.41$0.36$0.77$740.23$747.77
$748.00$742.00Jul 27$0.21$0.51$0.72$741.28$748.72
$749.00$743.00Jul 27$0.11$0.71$0.82$742.18$749.82
$747.00$742.00Jul 27$0.41$0.51$0.92$741.08$747.92

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 390 found (best R:R 107.33, avg credit $2.03)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
665/670685/698Aug 28$12.88$0.12107.33$657.12$697.88
660/665685/698Aug 28$12.86$0.1491.86$652.14$697.86
655/660685/698Aug 28$12.84$0.1680.25$647.16$697.84
650/655685/698Aug 28$12.82$0.1871.22$642.18$697.82
685/690700/705Aug 14$4.75$0.2519.00$685.25$704.75
680/685690/697Aug 14$6.64$0.3618.44$678.36$696.64
680/685700/705Aug 14$4.72$0.2816.86$680.28$704.72
725/726735/736Aug 4$0.90$0.109.00$725.10$735.90
726/727735/736Aug 4$0.90$0.109.00$726.10$735.90
727/728735/736Aug 4$0.90$0.109.00$727.10$735.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 245 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$675.00$680.00$685.00Aug 3$0.05$4.9599.00
$685.00$690.00$695.00Aug 7$0.06$4.9482.33
$690.00$695.00$700.00Aug 7$0.06$4.9482.33
$600.00$605.00$610.00Aug 21$0.07$4.9370.43
$790.00$795.00$800.00Aug 28$0.08$4.9261.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$695.00$700.00$705.00Aug 10$0.06$4.9482.33
$700.00$705.00$710.00Aug 10$0.07$4.9370.43
$705.00$710.00$715.00Aug 10$0.07$4.9370.43
$805.00$810.00$815.00Jul 28$0.09$4.9154.56
$810.00$815.00$820.00Jul 28$0.10$4.9049.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 947 found (best net $--, 942 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$790.00$820.001:2Aug 6$0.00$30.00
$830.00$851.001:2Sep 4$0.00$21.00
$825.00$845.001:2Aug 3-$0.01$19.99
$783.00$800.001:2Aug 4-$0.01$16.99
$820.00$835.001:2Aug 5$0.00$15.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$640.00$605.001:2Aug 3$0.00$35.00
$630.00$605.001:2Aug 4-$0.02$24.98
$660.00$635.001:2Aug 6-$0.05$24.95
$690.00$670.001:2Aug 10-$0.09$19.91
$630.00$610.001:2Sep 4-$0.60$19.40

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 372 found (best yield 2.15%, avg 0.51%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$745.00Sep 4$16.040.510.0%2.15%2.17%1665
$746.00Sep 4$15.460.500.1%2.08%2.23%21307
$747.00Sep 4$14.820.490.3%1.99%2.28%7211
$745.00Aug 31$14.680.510.0%1.97%1.99%101.7K
$745.00Aug 28$14.280.510.0%1.92%1.93%35669
$748.00Sep 4$14.200.470.4%1.91%2.33%--260
$746.00Aug 31$14.040.500.1%1.88%2.04%5195
$746.00Aug 28$13.640.500.1%1.83%1.98%10224
$749.00Sep 4$13.580.470.6%1.82%2.38%4915
$747.00Aug 31$13.410.480.3%1.80%2.09%--436

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 316,976
Total Puts 346,738
Put/Call Ratio 1.09
Net Difference -29,762

Prior's Put/Call Breakdown

Total Calls 237,429
Total Puts 240,736
Put/Call Ratio 1.01
Net Difference -3,307

Prior 7-Day Put/Call Summary

Total Calls 5,993,041
Total Puts 7,470,546
Average Put/Call Ratio 1.17
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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