Tour v412
SPY
State Street SPDR S&P 500 ETF Trust
$743.42 +0.61%
7/27 09:55

Option Volume

Detail
Current (07/27 9:55am) 1,448,968
Calls: 665,472 (46%)
Puts: 783,496 (54%)
Prior (07/24) 791,578
Calls: 405,831 (51%)
Puts: 385,747 (49%)
Current vs Prior +83.05%
Calls: +63.98% (Calls)
Puts: +103.11% (Puts)
Prior 7-Day Total 16,377,717
Calls: 7,357,661 (45%)
Puts: 9,020,056 (55%)
Prior 7-Day Average 3,275,543
Calls: 1,051,094 (45%)
Puts: 1,288,579 (55%)
Current vs Prior 7-Day Avg -55.76%
Calls: -36.69%
Puts: -39.20%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 9:55am) $220.50M
Calls: $87.92M (40%)
Puts: $132.59M (60%)
Prior (07/24) $115.14M
Calls: $59.76M (52%)
Puts: $55.38M (48%)
Current vs Prior +91.51%
Calls: +47.11%
Puts: +139.43%
Prior 7-Day Total $2.19B
Calls: $702.68M (32%)
Puts: $1.49B (68%)
Prior 7-Day Average $438.40M
Calls: $100.38M (32%)
Puts: $212.76M (68%)
Current vs Prior 7-Day Avg -49.70%
Calls: -12.42%
Puts: -37.68%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 9:55am) 1.18
Prior (07/24) 0.95
Current vs Prior +23.87%
Prior 7-Day Average 1.14
Current vs Prior 7-Day Avg +2.93%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 9:55am) 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 38,151,661
Calls: 11,199,295 (29%)
Puts: 26,952,366 (71%)
Prior 7-Day Average 7,630,332
Calls: 2,239,859 (29%)
Puts: 5,390,473 (71%)
Current vs Prior 7-Day Avg -1.00%
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 0.44% | 0.70%0.44% | 1.07%1.58% | 2.20%3.18% | 4.73%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -44.76% | -32.35%+177.58% | +35.88%+909.30% | +18.50%-8.61% | -5.65%
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 -44.76% | -32.35%+177.58% | +35.88%+909.30% | +18.50%-8.61% | -5.65%
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 -44.76% | -32.35%-44.77% | -21.02%-14.78% | -11.47%-8.61% | -5.65%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.61% | 0.77%
Calls: 0.62% | 0.76%
Puts: 0.61% | 0.78%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -40.20% | +16.67%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -40.20% | +16.67%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 60% put dollar volume ($132.59M). Elevated premium activity with dollar volume up 92% vs prior. Above-average activity with volume up 83% vs prior. Slightly bearish P/C ratio of 1.18.

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 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
09:55BEARISHBEARISHBEARISH
09:50BEARISHBEARISHBEARISH
09:45BEARISHBEARISHBEARISH
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 2,388 of results (avg 2.1%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31143.79143.86$143.820.0%11.006.3K
$700.00Jul 3144.0844.14$44.110.1%--0.976.6K
$690.00Aug 2157.5057.61$57.560.2%260.905.6K
$747.00Aug 2110.4010.42$10.410.2%4650.462.0K
$748.00Aug 219.819.83$9.820.2%7060.454.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$746.00Aug 2812.9112.92$12.920.1%1070.53988
$739.00Aug 75.935.94$5.940.2%480.415.1K
$738.00Aug 54.874.88$4.880.2%90.38248
$735.00Aug 64.454.46$4.460.2%1170.33850
$736.00Aug 54.344.35$4.350.2%780.3475

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 583 found (avg $0.40, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$749.00Jul 270.050.06$0.0616.7%24.3K0.045.4K
$753.00Jul 280.050.06$0.0616.7%8180.031.2K
$764.00Jul 300.050.06$0.0616.7%40.02897
$767.00Jul 310.050.06$0.0616.7%740.011.8K
$769.00Aug 30.050.06$0.0616.7%30.01164
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$733.00Jul 270.050.06$0.0616.7%3.7K0.032.8K
$721.00Jul 280.050.06$0.0616.7%860.013.1K
$700.00Jul 290.050.06$0.0616.7%1520.011.0K
$701.00Jul 290.050.06$0.0616.7%--0.01135
$702.00Jul 290.050.06$0.0616.7%50.01405

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,034 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27147.20149.77$148.491.7%21.00--
$600.00Jul 27143.24144.80$144.021.1%21.00--
$605.00Jul 27138.24139.76$139.001.1%21.00--
$610.00Jul 27133.24134.81$134.031.2%21.00--
$615.00Jul 27128.24129.81$129.031.2%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$765.00Jul 3120.3421.83$21.097.1%--1.0010
$766.00Jul 3121.3422.83$22.096.7%41.00--
$770.00Jul 3125.1326.74$25.946.2%61.0028
$771.00Jul 3126.2327.75$26.995.6%--1.00104
$774.00Jul 3129.1330.78$29.965.5%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,083 active (total vol 1.4M, top 83.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.630.64$0.641.6%83.5K0.3011.6K
$747.00Jul 270.180.19$0.195.3%74.4K0.128.1K
$746.00Jul 270.350.36$0.362.8%65.8K0.206.2K
$744.00Jul 271.051.06$1.060.9%58.6K0.426.3K
$748.00Jul 270.100.11$0.119.1%47.1K0.0710.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$743.00Jul 271.181.19$1.190.8%78.7K0.463.6K
$744.00Jul 271.631.64$1.630.6%76.5K0.581.7K
$740.00Jul 270.430.44$0.442.3%57.7K0.2010.2K
$742.00Jul 270.850.86$0.861.2%52.2K0.357.8K
$745.00Jul 272.202.23$2.221.4%42.9K0.692.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 348 strikes (avg 190.2%, max 974.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$870.00Jul 27Sep 4178.0%16.6%974.4%--529
$875.00Jul 27Sep 4183.9%17.2%971.8%--58
$860.00Jul 27Aug 31165.9%15.6%963.5%32.7K
$850.00Jul 27Aug 31153.6%15.2%912.0%--2.8K
$840.00Jul 27Aug 31141.1%14.4%877.4%--8.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$595.00Jul 27Sep 4248.9%35.0%610.9%--261
$605.00Jul 27Aug 31231.5%34.0%580.8%50220.8K
$615.00Jul 27Aug 31214.2%32.4%560.9%--2.1K
$620.00Jul 27Aug 31205.7%31.6%549.9%121.4K
$625.00Jul 27Sep 4197.2%30.5%546.4%478

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 938 found (best R:R 544.45, avg 4.99)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$790.00$795.00Aug 28$0.15$4.85$0.1532.33$790.15
$770.00$775.00Aug 10$0.17$4.83$0.1728.41$770.17
$785.00$790.00Aug 28$0.25$4.75$0.2519.00$785.25
$788.00$790.00Sep 4$0.14$1.86$0.1413.29$788.14
$765.00$770.00Aug 10$0.44$4.56$0.4410.36$765.44
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$660.00$600.00Aug 5$0.11$59.89$0.11544.45$659.89
$610.00$600.00Sep 4$0.11$9.89$0.1189.91$609.89
$625.00$610.00Sep 4$0.21$14.79$0.2170.43$624.79
$635.00$630.00Sep 4$0.10$4.90$0.1049.00$634.90
$690.00$680.00Aug 10$0.21$9.79$0.2146.62$689.79

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,325 found (best R:R 199.00, avg 2.23)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$650.00$670.00Aug 7$19.90$19.90$0.10199.00$669.90
$615.00$665.00Jul 28$49.39$49.39$0.6180.97$664.39
$615.00$625.00Aug 7$9.83$9.83$0.1757.82$624.83
$615.00$625.00Aug 31$9.82$9.82$0.1854.56$624.82
$625.00$630.00Aug 21$4.88$4.88$0.1240.67$629.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$770.00$766.00Jul 31$3.85$3.85$0.1525.67$766.15
$773.00$770.00Aug 7$2.85$2.85$0.1519.00$770.15
$780.00$775.00Aug 31$4.71$4.71$0.2916.24$775.29
$770.00$760.00Jul 30$9.30$9.30$0.7013.29$760.70
$765.00$763.00Aug 7$1.85$1.85$0.1512.33$763.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 224 found (avg debit $1.30, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$712.00Jul 27Jul 28$0.0654.6%30.4%
$752.00Jul 27Jul 28$0.0620.3%11.4%
$665.00Jul 27Jul 28$0.07130.7%59.6%
$799.00Jul 31Aug 21$0.0723.8%11.8%
$798.00Jul 31Aug 21$0.0823.4%11.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$722.00Jul 27Jul 28$0.0542.8%23.5%
$723.00Jul 27Jul 28$0.0541.0%22.6%
$724.00Jul 27Jul 28$0.0639.2%22.1%
$725.00Jul 27Jul 28$0.0639.7%21.5%
$726.00Jul 27Jul 28$0.0837.8%21.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,022 found (cheapest 0.36% of stock, avg 5.22%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$744.00Jul 27$1.06$1.63$2.69$741.31$746.690.36%
$743.00Jul 27$1.61$1.19$2.80$740.20$745.800.38%
$745.00Jul 27$0.64$2.22$2.86$742.14$747.860.38%
$742.00Jul 27$2.27$0.86$3.13$738.87$745.130.42%
$746.00Jul 27$0.36$2.94$3.30$742.70$749.300.44%
$741.00Jul 27$3.02$0.61$3.63$737.37$744.630.49%
$747.00Jul 27$0.19$3.76$3.95$743.05$750.950.53%
$740.00Jul 27$3.85$0.44$4.29$735.71$744.290.58%
$744.00Jul 28$2.05$2.57$4.62$739.38$748.620.62%
$745.00Jul 28$1.56$3.08$4.64$740.36$749.640.62%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.06% of stock, avg 1.73%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$748.00$739.00Jul 27$0.11$0.31$0.42$738.58$748.42
$747.00$739.00Jul 27$0.19$0.31$0.50$738.50$747.50
$748.00$740.00Jul 27$0.11$0.44$0.55$739.45$748.55
$747.00$740.00Jul 27$0.19$0.44$0.63$739.37$747.63
$746.00$739.00Jul 27$0.36$0.31$0.67$738.33$746.67
$748.00$741.00Jul 27$0.11$0.61$0.72$740.28$748.72
$746.00$740.00Jul 27$0.36$0.44$0.80$739.20$746.80
$747.00$741.00Jul 27$0.19$0.61$0.80$740.20$747.80
$745.00$739.00Jul 27$0.64$0.31$0.95$738.05$745.95
$746.00$741.00Jul 27$0.36$0.61$0.97$740.03$746.97

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 441 found (best R:R 82.33, avg credit $2.08)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
675/680700/710Aug 28$9.88$0.1282.33$670.12$709.88
670/675700/710Aug 28$9.85$0.1565.67$665.15$709.85
665/670700/710Aug 28$9.83$0.1757.82$660.17$709.83
660/665700/710Aug 28$9.80$0.2049.00$655.20$709.80
655/660700/710Aug 28$9.78$0.2244.45$650.22$709.78
650/655700/710Aug 28$9.77$0.2342.48$645.23$709.77
645/650700/710Aug 28$9.76$0.2440.67$640.24$709.76
700/701710/712Aug 28$1.89$0.1117.18$699.11$711.89
675/680685/698Aug 28$12.28$0.7217.06$667.72$697.28
670/675685/698Aug 28$12.25$0.7516.33$662.75$697.25

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
$600.00$605.00$610.00Jul 27$0.05$4.9599.00
$660.00$665.00$670.00Aug 3$0.05$4.9599.00
$615.00$620.00$625.00Jul 27$0.06$4.9482.33
$595.00$600.00$605.00Aug 21$0.06$4.9482.33
$635.00$640.00$645.00Aug 21$0.06$4.9482.33
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
$815.00$820.00$825.00Jul 28$0.09$4.9154.56
$705.00$710.00$715.00Aug 10$0.10$4.9049.00
$710.00$715.00$720.00Aug 10$0.11$4.8944.45

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 $--, 941 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
$615.00$665.001:2Jul 28-$29.71$20.29
$825.00$845.001:2Aug 3-$0.01$19.99
$783.00$800.001:2Aug 4-$0.02$16.98
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$635.001:2Aug 6-$0.05$24.95
$640.00$620.001:2Aug 3-$0.02$19.98
$655.00$640.001:2Jul 28-$0.01$14.99
$620.00$605.001:2Aug 3-$0.04$14.96
$630.00$615.001:2Aug 4-$0.05$14.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 369 found (best yield 2.16%, avg 0.52%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$744.00Sep 4$16.050.510.1%2.16%2.24%2620
$745.00Sep 4$15.410.490.2%2.07%2.29%2065
$746.00Sep 4$14.780.480.3%1.99%2.34%46307
$744.00Aug 31$14.640.500.1%1.97%2.05%23527
$744.00Aug 28$14.240.500.1%1.92%1.99%13316
$747.00Sep 4$14.160.480.5%1.90%2.39%15211
$745.00Aug 31$14.000.490.2%1.88%2.10%141.7K
$745.00Aug 28$13.600.490.2%1.83%2.04%37669
$748.00Sep 4$13.550.470.6%1.82%2.44%9260
$746.00Aug 31$13.370.470.3%1.80%2.15%12195

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 665,472
Total Puts 783,496
Put/Call Ratio 1.18
Net Difference -118,024

Prior's Put/Call Breakdown

Total Calls 405,831
Total Puts 385,747
Put/Call Ratio 0.95
Net Difference 20,084

Prior 7-Day Put/Call Summary

Total Calls 7,357,661
Total Puts 9,020,056
Average Put/Call Ratio 1.14
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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