Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$741.39 +0.33%
7/27 10:01

Option Volume

Detail
Current (07/27 10:00am) 1,919,981
Calls: 844,212 (44%)
Puts: 1,075,769 (56%)
Prior (07/24) 791,578
Calls: 405,831 (51%)
Puts: 385,747 (49%)
Current vs Prior +142.55%
Calls: +108.02% (Calls)
Puts: +178.88% (Puts)
Prior 7-Day Total 17,826,685
Calls: 8,023,133 (45%)
Puts: 9,803,552 (55%)
Prior 7-Day Average 2,971,114
Calls: 1,146,161 (45%)
Puts: 1,400,507 (55%)
Current vs Prior 7-Day Avg -35.38%
Calls: -26.34%
Puts: -23.19%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 10:00am) $346.40M
Calls: $87.56M (25%)
Puts: $258.84M (75%)
Prior (07/24) $115.14M
Calls: $59.76M (52%)
Puts: $55.38M (48%)
Current vs Prior +200.85%
Calls: +46.51%
Puts: +367.42%
Prior 7-Day Total $2.41B
Calls: $790.60M (33%)
Puts: $1.62B (67%)
Prior 7-Day Average $402.08M
Calls: $112.94M (33%)
Puts: $231.70M (67%)
Current vs Prior 7-Day Avg -13.85%
Calls: -22.48%
Puts: +11.71%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 10:00am) 1.27
Prior (07/24) 0.95
Current vs Prior +34.06%
Prior 7-Day Average 1.15
Current vs Prior 7-Day Avg +10.86%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 10:00am) 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 45,705,814
Calls: 13,403,552 (29%)
Puts: 32,302,262 (71%)
Prior 7-Day Average 7,617,635
Calls: 2,233,925 (29%)
Puts: 5,383,710 (71%)
Current vs Prior 7-Day Avg -0.83%
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 0.52% | 0.80%0.52% | 1.16%1.68% | 2.31%3.29% | 4.82%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -34.70% | -23.03%+228.15% | +47.19%+967.90% | +24.05%-5.49% | -3.70%
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 -34.70% | -23.03%+228.15% | +47.19%+967.90% | +24.05%-5.49% | -3.70%
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 -34.70% | -23.03%-34.70% | -14.45%-9.83% | -7.32%-5.49% | -3.70%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.79% | 1.02%
Calls: 0.53% | 1.00%
Puts: 1.04% | 1.03%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -22.55% | +54.55%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -22.55% | +54.55%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 75% put dollar volume ($258.84M). Massive premium surge with dollar volume up 201% vs prior. Unusually high activity with volume up 143% vs prior - elevated interest. Bearish P/C ratio of 1.27 indicates protective 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 BEARISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
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
10:00BEARISHBEARISHBEARISH
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 2,346 of results (avg 2.2%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31141.81141.88$141.850.0%11.006.3K
$700.00Jul 3142.1742.24$42.210.2%40.976.6K
$690.00Aug 2155.7755.88$55.830.2%260.895.6K
$700.00Aug 2146.5346.64$46.590.2%200.867.6K
$743.00Sep 415.7315.77$15.750.3%30.4933
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$738.00Aug 219.729.75$9.740.3%9540.453.6K
$725.00Aug 216.426.44$6.430.3%2720.3056.9K
$734.00Aug 218.548.57$8.560.4%810.392.6K
$737.00Aug 3111.1411.18$11.160.4%--0.44693
$744.00Aug 3113.5713.62$13.600.4%2880.53962

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 555 found (avg $0.39, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$766.00Jul 310.050.06$0.0616.7%1480.013.2K
$768.00Aug 30.050.06$0.0616.7%1220.01360
$770.00Aug 40.050.06$0.0616.7%70.01191
$772.00Aug 50.050.06$0.0616.7%530.0168
$776.00Aug 70.050.06$0.0616.7%10.01619
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$729.00Jul 270.050.06$0.0616.7%3.6K0.022.8K
$714.00Jul 280.050.06$0.0616.7%180.01884
$715.00Jul 280.050.06$0.0616.7%6850.013.8K
$695.00Jul 290.050.06$0.0616.7%70.011.1K
$675.00Jul 300.050.06$0.0616.7%20.012.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,046 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27145.01147.78$146.391.9%21.00--
$600.00Jul 27140.01142.79$141.402.0%21.00--
$605.00Jul 27135.01137.79$136.402.0%21.00--
$610.00Jul 27130.01132.78$131.392.1%21.00--
$615.00Jul 27125.01127.78$126.402.2%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 277.988.81$8.409.9%4741.00110
$751.00Jul 278.979.81$9.398.9%1511.004
$752.00Jul 279.9710.80$10.398.0%1401.00--
$753.00Jul 2710.9211.80$11.367.7%541.00--
$754.00Jul 2711.8212.73$12.287.4%511.001

Most actively traded options today. High liquidity = easy entry/exit. 2,169 active (total vol 1.9M, top 112.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.340.35$0.352.9%108.8K0.1711.6K
$747.00Jul 270.110.12$0.128.3%85.8K0.078.1K
$746.00Jul 270.190.20$0.205.0%84.1K0.116.2K
$744.00Jul 270.580.59$0.591.7%80.9K0.256.3K
$748.00Jul 270.060.07$0.0714.3%56.3K0.0410.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$743.00Jul 272.472.49$2.480.8%112.5K0.663.6K
$744.00Jul 273.143.16$3.150.6%91.1K0.751.7K
$740.00Jul 271.101.11$1.110.9%91.0K0.3810.2K
$742.00Jul 271.911.93$1.921.0%88.9K0.567.8K
$741.00Jul 271.461.48$1.471.4%62.0K0.476.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 355 strikes (avg 189.3%, max 982.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$870.00Jul 27Sep 4182.3%16.8%982.1%--529
$875.00Jul 27Sep 4188.3%17.4%981.3%--58
$860.00Jul 27Aug 31170.2%16.0%966.1%32.7K
$850.00Jul 27Aug 31157.8%15.4%921.5%--2.8K
$840.00Jul 27Aug 31145.2%14.7%885.4%--8.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$595.00Jul 27Sep 4248.1%35.1%606.8%--261
$605.00Jul 27Aug 31230.5%34.1%576.0%50220.8K
$615.00Jul 27Aug 31213.1%32.5%555.5%--2.1K
$620.00Jul 27Aug 31204.4%31.7%545.1%121.4K
$625.00Jul 27Sep 4195.8%30.6%540.6%478

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,016 found (best R:R 460.54, avg 4.79)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$790.00$795.00Aug 28$0.13$4.87$0.1337.46$790.13
$770.00$775.00Aug 10$0.14$4.86$0.1434.71$770.14
$785.00$790.00Aug 28$0.23$4.77$0.2320.74$785.23
$788.00$790.00Sep 4$0.13$1.87$0.1314.38$788.13
$765.00$770.00Aug 10$0.37$4.63$0.3712.51$765.37
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$660.00$600.00Aug 5$0.13$59.87$0.13460.54$659.87
$610.00$600.00Sep 4$0.13$9.87$0.1375.92$609.87
$625.00$610.00Sep 4$0.22$14.78$0.2267.18$624.78
$645.00$640.00Aug 28$0.10$4.90$0.1049.00$644.90
$630.00$625.00Sep 4$0.10$4.90$0.1049.00$629.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,389 found (best R:R 89.91, avg 2.31)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$660.00$670.00Jul 29$9.89$9.89$0.1189.91$669.89
$660.00$701.00Aug 4$40.54$40.54$0.4688.13$700.54
$650.00$670.00Aug 7$19.69$19.69$0.3163.52$669.69
$615.00$625.00Aug 7$9.82$9.82$0.1854.56$624.82
$615.00$625.00Aug 31$9.81$9.81$0.1951.63$624.81
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$770.00$760.00Jul 30$9.86$9.86$0.1470.43$760.14
$774.00$771.00Jul 28$2.90$2.90$0.1029.00$771.10
$765.00$762.00Jul 28$2.86$2.86$0.1420.43$762.14
$830.00$825.00Jul 28$4.75$4.75$0.2519.00$825.25
$783.00$781.00Jul 28$1.89$1.89$0.1117.18$781.11

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 230 found (avg debit $1.36, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$752.00Jul 27Jul 28$0.0523.0%13.0%
$728.00Jul 27Jul 28$0.0632.8%21.5%
$715.00Jul 27Jul 28$0.0746.8%27.7%
$751.00Jul 27Jul 28$0.0722.6%12.8%
$798.00Jul 31Aug 21$0.0724.3%12.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$717.00Jul 27Jul 28$0.0548.7%26.5%
$762.00Jul 27Jul 28$0.0536.6%18.6%
$716.00Jul 27Jul 28$0.0645.2%26.8%
$718.00Jul 27Jul 28$0.0646.9%26.1%
$766.00Jul 28Jul 29$0.0621.7%16.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,035 found (cheapest 0.44% of stock, avg 5.18%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$742.00Jul 27$1.36$1.92$3.28$738.72$745.280.44%
$741.00Jul 27$1.90$1.47$3.37$737.63$744.370.45%
$743.00Jul 27$0.92$2.48$3.40$739.60$746.400.46%
$740.00Jul 27$2.55$1.11$3.66$736.34$743.660.49%
$744.00Jul 27$0.59$3.15$3.74$740.26$747.740.50%
$739.00Jul 27$3.27$0.84$4.11$734.89$743.110.55%
$745.00Jul 27$0.35$3.92$4.27$740.73$749.270.58%
$738.00Jul 27$4.06$0.63$4.69$733.31$742.690.63%
$746.00Jul 27$0.20$4.77$4.97$741.03$750.970.67%
$743.00Jul 28$1.90$3.40$5.30$737.70$748.300.71%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.09% of stock, avg 1.82%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$746.00$737.00Jul 27$0.20$0.47$0.67$736.33$746.67
$745.00$737.00Jul 27$0.35$0.47$0.82$736.18$745.82
$746.00$738.00Jul 27$0.20$0.63$0.83$737.17$746.83
$745.00$738.00Jul 27$0.35$0.63$0.98$737.02$745.98
$744.00$737.00Jul 27$0.59$0.47$1.06$735.94$745.06
$746.00$739.00Jul 27$0.20$0.84$1.04$737.96$747.04
$744.00$738.00Jul 27$0.59$0.63$1.22$736.78$745.22
$745.00$739.00Jul 27$0.35$0.84$1.19$737.81$746.19
$746.00$740.00Jul 27$0.20$1.11$1.31$738.69$747.31
$743.00$737.00Jul 27$0.92$0.47$1.39$735.61$744.39

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 514 found (best R:R 14.62, avg credit $2.08)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
685/690700/710Aug 28$9.36$0.6414.62$680.64$709.36
680/685700/710Aug 28$9.30$0.7013.29$675.70$709.30
675/680700/710Aug 28$9.26$0.7412.51$670.74$709.26
716/717719/721Aug 5$1.85$0.1512.33$715.15$720.85
670/675700/710Aug 28$9.23$0.7711.99$665.77$709.23
665/670700/710Aug 28$9.19$0.8111.35$660.81$709.19
660/665700/710Aug 28$9.17$0.8311.05$655.83$709.17
655/660700/710Aug 28$9.15$0.8510.76$650.85$709.15
650/655700/710Aug 28$9.13$0.8710.49$645.87$709.13
645/650700/710Aug 28$9.12$0.8810.36$640.88$709.12

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 255 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$625.00$630.00$635.00Jul 27$0.05$4.9599.00
$790.00$795.00$800.00Aug 28$0.05$4.9599.00
$665.00$670.00$675.00Aug 3$0.08$4.9261.50
$785.00$790.00$795.00Aug 28$0.10$4.9049.00
$680.00$685.00$690.00Aug 7$0.12$4.8840.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 5$0.05$4.9599.00
$690.00$695.00$700.00Aug 6$0.05$4.9599.00
$680.00$685.00$690.00Sep 4$0.05$4.9599.00
$680.00$685.00$690.00Aug 28$0.06$4.9482.33
$695.00$700.00$705.00Aug 10$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. 920 found (best net $-1.21, 915 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$701.001:2Aug 4-$1.21$39.79
$790.00$820.001:2Aug 6$0.00$30.00
$615.00$665.001:2Jul 28-$26.58$23.42
$830.00$851.001:2Sep 4-$0.01$20.99
$825.00$845.001:2Aug 3-$0.01$19.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$640.00$620.001:2Aug 3-$0.03$19.97
$660.00$640.001:2Aug 6-$0.07$19.93
$655.00$640.001:2Jul 28-$0.01$14.99
$620.00$605.001:2Aug 3-$0.03$14.97
$630.00$615.001:2Aug 4-$0.04$14.96

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 385 found (best yield 2.21%, avg 0.53%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$742.00Sep 4$16.370.500.1%2.21%2.29%3173
$743.00Sep 4$15.730.490.2%2.12%2.34%333
$744.00Sep 4$15.100.480.3%2.04%2.39%2720
$742.00Aug 31$14.970.500.1%2.02%2.10%37353
$742.00Aug 28$14.580.500.1%1.97%2.05%10242
$745.00Sep 4$14.480.480.5%1.95%2.44%2065
$743.00Aug 31$14.330.490.2%1.93%2.15%14427
$743.00Aug 28$13.940.490.2%1.88%2.10%41295
$746.00Sep 4$13.860.470.6%1.87%2.49%46307
$744.00Aug 31$13.700.470.3%1.85%2.20%28527

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 844,212
Total Puts 1,075,769
Put/Call Ratio 1.27
Net Difference -231,557

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 8,023,133
Total Puts 9,803,552
Average Put/Call Ratio 1.15
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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