Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$741.96 +0.41%
7/27 10:05

Option Volume

Detail
Current (07/27 10:05am) 2,106,424
Calls: 924,203 (44%)
Puts: 1,182,221 (56%)
Prior (07/24) 791,578
Calls: 405,831 (51%)
Puts: 385,747 (49%)
Current vs Prior +166.10%
Calls: +127.73% (Calls)
Puts: +206.48% (Puts)
Prior 7-Day Total 19,746,666
Calls: 8,867,345 (45%)
Puts: 10,879,321 (55%)
Prior 7-Day Average 2,820,952
Calls: 1,266,763 (45%)
Puts: 1,554,188 (55%)
Current vs Prior 7-Day Avg -25.33%
Calls: -27.04%
Puts: -23.93%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 10:05am) $345.11M
Calls: $102.10M (30%)
Puts: $243.02M (70%)
Prior (07/24) $115.14M
Calls: $59.76M (52%)
Puts: $55.38M (48%)
Current vs Prior +199.73%
Calls: +70.84%
Puts: +338.84%
Prior 7-Day Total $2.76B
Calls: $878.16M (32%)
Puts: $1.88B (68%)
Prior 7-Day Average $394.13M
Calls: $125.45M (32%)
Puts: $268.68M (68%)
Current vs Prior 7-Day Avg -12.44%
Calls: -18.62%
Puts: -9.55%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 10:05am) 1.28
Prior (07/24) 0.95
Current vs Prior +34.58%
Prior 7-Day Average 1.17
Current vs Prior 7-Day Avg +9.59%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 10:05am) 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 53,259,967
Calls: 15,607,809 (29%)
Puts: 37,652,158 (71%)
Prior 7-Day Average 7,608,566
Calls: 2,229,687 (29%)
Puts: 5,378,879 (71%)
Current vs Prior 7-Day Avg -0.72%
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 0.48% | 0.77%0.48% | 1.14%1.66% | 2.29%3.27% | 4.81%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -38.85% | -25.96%+207.32% | +44.35%+955.03% | +23.01%-5.95% | -3.96%
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 -38.85% | -25.96%+207.32% | +44.35%+955.03% | +23.01%-5.95% | -3.96%
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 -38.85% | -25.96%-38.85% | -16.10%-10.92% | -8.10%-5.95% | -3.96%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.81% | 0.92%
Calls: 0.96% | 0.63%
Puts: 0.67% | 1.20%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -20.59% | +39.39%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -20.59% | +39.39%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 70% put dollar volume ($243.02M). Massive premium surge with dollar volume up 200% vs prior. Unusually high activity with volume up 166% vs prior - elevated interest. Bearish P/C ratio of 1.28 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
10:05BEARISHBEARISHBEARISH
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 2,345 of results (avg 2.3%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31142.38142.46$142.420.1%11.006.3K
$700.00Jul 3142.7042.78$42.740.2%50.976.6K
$690.00Aug 2156.2356.35$56.290.2%260.905.6K
$745.00Aug 3113.3113.34$13.330.2%150.471.7K
$745.00Aug 2812.9212.95$12.930.2%380.47669
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$733.00Sep 410.5910.62$10.610.3%20.409
$739.00Aug 219.739.76$9.750.3%1630.456.6K
$747.00Aug 2112.7412.78$12.760.3%2650.563.7K
$738.00Aug 219.419.44$9.430.3%9560.443.6K
$733.00Aug 289.429.45$9.430.3%80.39175

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 564 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%1250.01360
$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
$730.00Jul 270.050.06$0.0616.7%4.4K0.0214.8K
$716.00Jul 280.050.06$0.0616.7%580.01452
$717.00Jul 280.050.06$0.0616.7%380.02725
$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. 1,053 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27145.58148.11$146.851.7%21.00--
$600.00Jul 27140.58143.16$141.871.8%21.00--
$605.00Jul 27135.59138.14$136.871.9%21.00--
$610.00Jul 27130.58133.08$131.831.9%21.00--
$615.00Jul 27125.58128.07$126.822.0%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 277.998.57$8.287.0%4961.00110
$751.00Jul 278.989.56$9.276.3%1721.004
$752.00Jul 279.9810.80$10.397.9%1411.00--
$753.00Jul 2710.9711.49$11.234.6%571.00--
$754.00Jul 2711.8212.73$12.287.4%511.001

Most actively traded options today. High liquidity = easy entry/exit. 2,200 active (total vol 2.1M, top 118.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.360.37$0.372.7%118.7K0.1711.6K
$747.00Jul 270.110.12$0.128.3%90.7K0.078.1K
$746.00Jul 270.200.21$0.214.8%89.7K0.116.2K
$744.00Jul 270.620.63$0.631.6%89.3K0.266.3K
$748.00Jul 270.060.07$0.0714.3%58.0K0.0410.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$743.00Jul 271.992.02$2.011.5%115.6K0.643.6K
$740.00Jul 270.800.81$0.811.2%102.3K0.3410.2K
$742.00Jul 271.481.49$1.490.7%96.7K0.547.8K
$744.00Jul 272.622.65$2.641.1%92.8K0.741.7K
$741.00Jul 271.101.11$1.110.9%72.2K0.436.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 356 strikes (avg 191.1%, max 986.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$870.00Jul 27Sep 4182.6%16.8%986.4%--529
$875.00Jul 27Sep 4188.6%17.4%985.5%--58
$860.00Jul 27Aug 31170.4%15.9%974.8%32.7K
$850.00Jul 27Aug 31158.0%15.4%925.5%--2.8K
$840.00Jul 27Aug 31145.3%14.7%888.7%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$595.00Jul 27Sep 4249.6%35.2%609.8%--261
$605.00Jul 27Aug 31231.9%34.1%580.5%50220.8K
$615.00Jul 27Aug 31214.4%32.5%559.8%--2.1K
$620.00Jul 27Sep 4205.7%31.3%556.4%177
$625.00Jul 27Sep 4197.1%30.6%544.8%478

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 963 found (best R:R 460.54, avg 4.80)

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$0.15$4.85$0.1532.33$770.15
$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$0.39$4.61$0.3911.82$765.39
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$0.12$9.88$0.1282.33$609.88
$620.00$610.00Sep 4$0.14$9.86$0.1470.43$619.86
$695.00$690.00Aug 5$0.10$4.90$0.1049.00$694.90
$675.00$670.00Aug 14$0.11$4.89$0.1144.45$674.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,355 found (best R:R 85.21, avg 2.25)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$625.00$650.00Aug 7$24.71$24.71$0.2985.21$649.71
$660.00$701.00Aug 4$40.46$40.46$0.5474.93$700.46
$615.00$625.00Aug 31$9.81$9.81$0.1951.63$624.81
$600.00$605.00Aug 21$4.89$4.89$0.1144.45$604.89
$645.00$650.00Aug 21$4.89$4.89$0.1144.45$649.89
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$810.00$805.00Jul 28$4.90$4.90$0.1049.00$805.10
$825.00$820.00Jul 28$4.89$4.89$0.1144.45$820.11
$781.00$778.00Jul 28$2.86$2.86$0.1420.43$778.14
$770.00$768.00Aug 28$1.90$1.90$0.1019.00$768.10
$765.00$762.00Jul 28$2.84$2.84$0.1617.75$762.16

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 227 found (avg debit $1.32, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$752.00Jul 27Jul 28$0.0522.5%12.6%
$751.00Jul 27Jul 28$0.0722.0%12.4%
$798.00Jul 31Aug 21$0.0724.1%12.0%
$799.00Jul 31Aug 21$0.0724.5%12.2%
$796.00Jul 31Aug 21$0.0823.4%11.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$718.00Jul 27Jul 28$0.0547.7%25.9%
$719.00Jul 27Jul 28$0.0545.8%25.4%
$759.00Jul 27Jul 28$0.0531.3%15.9%
$720.00Jul 27Jul 28$0.0644.0%24.9%
$721.00Jul 27Jul 28$0.0742.2%24.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,040 found (cheapest 0.40% of stock, avg 5.17%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$742.00Jul 27$1.49$1.49$2.98$739.02$744.980.40%
$743.00Jul 27$1.00$2.01$3.01$739.99$746.010.41%
$741.00Jul 27$2.09$1.11$3.20$737.80$744.200.43%
$744.00Jul 27$0.63$2.64$3.27$740.73$747.270.44%
$740.00Jul 27$2.80$0.81$3.61$736.39$743.610.49%
$745.00Jul 27$0.37$3.38$3.75$741.25$748.750.51%
$739.00Jul 27$3.58$0.59$4.17$734.83$743.170.56%
$746.00Jul 27$0.21$4.22$4.43$741.57$750.430.60%
$738.00Jul 27$4.42$0.43$4.85$733.15$742.850.65%
$743.00Jul 28$2.02$2.96$4.98$738.02$747.980.67%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.07% of stock, avg 1.80%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$746.00$737.00Jul 27$0.21$0.32$0.53$736.47$746.53
$745.00$737.00Jul 27$0.37$0.32$0.69$736.31$745.69
$746.00$738.00Jul 27$0.21$0.43$0.64$737.36$746.64
$745.00$738.00Jul 27$0.37$0.43$0.80$737.20$745.80
$746.00$739.00Jul 27$0.21$0.59$0.80$738.20$746.80
$744.00$737.00Jul 27$0.63$0.32$0.95$736.05$744.95
$745.00$739.00Jul 27$0.37$0.59$0.96$738.04$745.96
$744.00$738.00Jul 27$0.63$0.43$1.06$736.94$745.06
$746.00$740.00Jul 27$0.21$0.81$1.02$738.98$747.02
$744.00$739.00Jul 27$0.63$0.59$1.22$737.78$745.22

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 492 found (best R:R 47.15, avg credit $2.23)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
675/680685/698Aug 28$12.73$0.2747.15$667.27$697.73
670/675685/698Aug 28$12.69$0.3140.94$662.31$697.69
665/670685/698Aug 28$12.68$0.3239.62$657.32$697.68
660/665685/698Aug 28$12.64$0.3635.11$652.36$697.64
670/675680/685Aug 14$4.86$0.1434.71$670.14$684.86
655/660685/698Aug 28$12.62$0.3833.21$647.38$697.62
645/650685/698Aug 28$12.60$0.4031.50$637.40$697.60
650/655685/698Aug 28$12.60$0.4031.50$642.40$697.60
675/680685/690Aug 14$4.83$0.1728.41$675.17$689.83
670/675685/690Aug 14$4.81$0.1925.32$670.19$689.81

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 276 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$635.00$640.00$645.00Jul 27$0.05$4.9599.00
$680.00$685.00$690.00Aug 7$0.05$4.9599.00
$790.00$795.00$800.00Aug 28$0.05$4.9599.00
$670.00$675.00$680.00Jul 27$0.08$4.9261.50
$595.00$600.00$605.00Aug 21$0.10$4.9049.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$675.00$680.00$685.00Aug 28$0.05$4.9599.00
$675.00$680.00$685.00Sep 4$0.06$4.9482.33
$700.00$705.00$710.00Aug 10$0.07$4.9370.43
$695.00$700.00$705.00Aug 10$0.08$4.9261.50
$705.00$710.00$715.00Aug 10$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. 942 found (best net $-1.45, 936 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$701.001:2Aug 4-$1.45$39.55
$790.00$820.001:2Aug 6$0.00$30.00
$830.00$851.001:2Sep 4-$0.01$20.99
$825.00$845.001:2Aug 3-$0.01$19.99
$670.00$700.001:2Jul 29-$11.77$18.23
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$640.00$620.001:2Aug 3-$0.03$19.97
$660.00$640.001:2Aug 6-$0.08$19.92
$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 2.24%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$742.00Sep 4$16.610.510.0%2.24%2.24%6173
$743.00Sep 4$15.960.500.1%2.15%2.29%933
$744.00Sep 4$15.330.480.3%2.07%2.34%3120
$742.00Aug 31$15.210.500.0%2.05%2.06%37353
$742.00Aug 28$14.820.510.0%2.00%2.00%17242
$745.00Sep 4$14.700.480.4%1.98%2.39%3165
$743.00Aug 31$14.570.490.1%1.96%2.10%14427
$743.00Aug 28$14.170.490.1%1.91%2.05%41295
$746.00Sep 4$14.080.470.5%1.90%2.44%58307
$744.00Aug 31$13.930.480.3%1.88%2.15%32527

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 924,203
Total Puts 1,182,221
Put/Call Ratio 1.28
Net Difference -258,018

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 8,867,345
Total Puts 10,879,321
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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