Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$741.38 +0.33%
7/27 10:10

Option Volume

Detail
Current (07/27 10:10am) 2,289,318
Calls: 1,016,505 (44%)
Puts: 1,272,813 (56%)
Prior (07/24) 791,578
Calls: 405,831 (51%)
Puts: 385,747 (49%)
Current vs Prior +189.21%
Calls: +150.47% (Calls)
Puts: +229.96% (Puts)
Prior 7-Day Total 21,494,077
Calls: 9,619,005 (45%)
Puts: 11,875,072 (55%)
Prior 7-Day Average 3,070,582
Calls: 1,374,143 (45%)
Puts: 1,696,438 (55%)
Current vs Prior 7-Day Avg -25.44%
Calls: -26.03%
Puts: -24.97%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 10:10am) $394.44M
Calls: $105.18M (27%)
Puts: $289.26M (73%)
Prior (07/24) $115.14M
Calls: $59.76M (52%)
Puts: $55.38M (48%)
Current vs Prior +242.57%
Calls: +75.99%
Puts: +422.36%
Prior 7-Day Total $3.04B
Calls: $945.75M (31%)
Puts: $2.10B (69%)
Prior 7-Day Average $434.97M
Calls: $135.11M (31%)
Puts: $299.87M (69%)
Current vs Prior 7-Day Avg -9.32%
Calls: -22.15%
Puts: -3.54%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 10:10am) 1.25
Prior (07/24) 0.95
Current vs Prior +31.73%
Prior 7-Day Average 1.20
Current vs Prior 7-Day Avg +4.72%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 10:10am) 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 0.49% | 0.77%0.49% | 1.15%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 -38.11% | -25.51%+211.02% | +45.31%+958.47% | +23.32%-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 -38.11% | -25.51%+211.02% | +45.31%+958.47% | +23.32%-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 -38.11% | -25.51%-38.11% | -15.54%-10.63% | -7.86%-5.95% | -3.96%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.10% | 0.88%
Calls: 1.12% | 0.35%
Puts: 1.09% | 1.41%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior +7.84% | +33.33%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg +7.84% | +33.33%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 73% put dollar volume ($289.26M). Massive premium surge with dollar volume up 243% vs prior. Unusually high activity with volume up 189% vs prior - elevated interest. Bearish P/C ratio of 1.25 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
10:10BEARISHBEARISHBEARISH
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 2,327 of results (avg 2.3%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31141.81141.88$141.850.0%11.006.3K
$700.00Jul 3142.1442.21$42.180.2%60.976.6K
$690.00Aug 2155.7055.82$55.760.2%260.905.6K
$700.00Aug 2146.4546.57$46.510.3%200.867.6K
$741.00Aug 37.007.02$7.010.3%2120.53229
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$730.00Aug 74.424.43$4.430.2%1.3K0.2918.0K
$726.00Aug 73.633.64$3.640.3%120.24848
$725.00Aug 73.463.47$3.470.3%2.1K0.2312.7K
$724.00Aug 73.293.30$3.300.3%360.22732
$727.00Sep 49.319.34$9.320.3%--0.3430

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 558 found (avg $0.39, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$752.00Jul 280.050.06$0.0616.7%2.2K0.033.1K
$762.00Jul 300.050.06$0.0616.7%2630.021.1K
$766.00Jul 310.050.06$0.0616.7%1510.013.2K
$768.00Aug 30.050.06$0.0616.7%1250.01360
$770.00Aug 40.050.06$0.0616.7%70.01191
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$716.00Jul 280.050.06$0.0616.7%590.01452
$717.00Jul 280.050.06$0.0616.7%380.01725
$695.00Jul 290.050.06$0.0616.7%270.011.1K
$675.00Jul 300.050.06$0.0616.7%20.012.1K
$653.00Jul 310.050.06$0.0616.7%290.01382

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,059 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27144.97147.78$146.381.9%21.00--
$600.00Jul 27139.97142.79$141.382.0%21.00--
$605.00Jul 27134.97137.79$136.382.1%21.00--
$610.00Jul 27129.97132.79$131.382.1%21.00--
$615.00Jul 27124.98127.79$126.392.2%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$757.00Jul 2914.3617.03$15.7017.0%51.00--
$758.00Jul 2915.3618.01$16.6915.9%31.0013
$759.00Jul 2916.3618.99$17.6714.9%51.00--
$760.00Jul 2917.3620.01$18.6914.2%71.00--
$761.00Jul 2918.3621.03$19.7013.6%21.001

Most actively traded options today. High liquidity = easy entry/exit. 2,226 active (total vol 2.3M, top 130.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.300.31$0.313.2%130.9K0.1911.6K
$744.00Jul 270.500.51$0.512.0%101.1K0.286.3K
$746.00Jul 270.170.18$0.185.6%96.3K0.126.2K
$747.00Jul 270.100.11$0.119.1%93.9K0.078.1K
$743.00Jul 270.810.82$0.821.2%62.2K0.388.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$743.00Jul 272.412.44$2.421.2%118.8K0.623.6K
$740.00Jul 271.021.03$1.021.0%116.8K0.3210.2K
$742.00Jul 271.831.85$1.841.1%104.1K0.517.8K
$744.00Jul 273.103.13$3.121.0%94.4K0.721.7K
$741.00Jul 271.381.39$1.380.7%86.6K0.416.8K

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 194.4%, max 994.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$870.00Jul 27Sep 4183.5%16.8%994.1%--529
$875.00Jul 27Sep 4189.6%17.3%993.0%--58
$860.00Jul 27Aug 31171.2%15.8%982.5%32.7K
$850.00Jul 27Aug 31158.7%15.4%932.8%--2.8K
$840.00Jul 27Aug 31146.0%14.7%895.7%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$595.00Jul 27Sep 4251.6%35.1%617.6%--261
$605.00Jul 27Aug 31233.8%34.0%586.6%50220.8K
$615.00Jul 27Aug 31216.2%32.4%567.1%--2.1K
$620.00Jul 27Sep 4207.5%31.3%563.6%177
$625.00Jul 27Sep 4198.8%30.5%551.3%478

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 997 found (best R:R 499.00, avg 4.78)

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$0.36$4.64$0.3612.89$765.36
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$660.00$600.00Aug 5$0.12$59.88$0.12499.00$659.88
$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
$645.00$640.00Aug 28$0.10$4.90$0.1049.00$644.90
$685.00$680.00Aug 10$0.11$4.89$0.1144.45$684.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,367 found (best R:R 61.50, avg 2.25)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$650.00$670.00Aug 7$19.68$19.68$0.3261.50$669.68
$615.00$625.00Aug 7$9.82$9.82$0.1854.56$624.82
$615.00$625.00Aug 31$9.82$9.82$0.1854.56$624.82
$626.00$633.00Aug 31$6.87$6.87$0.1352.85$632.87
$660.00$700.00Aug 4$39.22$39.22$0.7850.28$699.22
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$830.00$825.00Jul 28$4.89$4.89$0.1144.45$825.11
$774.00$771.00Jul 28$2.89$2.89$0.1126.27$771.11
$780.00$775.00Aug 31$4.76$4.76$0.2419.83$775.24
$772.00$769.00Jul 27$2.85$2.85$0.1519.00$769.15
$775.00$772.00Aug 28$2.83$2.83$0.1716.65$772.17

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 223 found (avg debit $1.35, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$751.00Jul 27Jul 28$0.0621.7%11.9%
$703.00Jul 27Jul 29$0.0768.2%30.6%
$798.00Jul 31Aug 21$0.0724.0%11.9%
$799.00Jul 31Aug 21$0.0724.4%12.1%
$796.00Jul 31Aug 21$0.0823.3%11.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$718.00Jul 27Jul 28$0.0548.4%26.1%
$719.00Jul 27Jul 28$0.0646.6%25.2%
$762.00Jul 27Jul 28$0.0636.0%18.2%
$720.00Jul 27Jul 28$0.0744.7%24.7%
$721.00Jul 27Jul 28$0.0842.9%24.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,047 found (cheapest 0.42% of stock, avg 5.16%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$742.00Jul 27$1.24$1.84$3.08$738.92$745.080.42%
$741.00Jul 27$1.78$1.38$3.16$737.84$744.160.43%
$743.00Jul 27$0.82$2.42$3.24$739.76$746.240.44%
$740.00Jul 27$2.42$1.02$3.44$736.56$743.440.46%
$744.00Jul 27$0.51$3.12$3.63$740.37$747.630.49%
$739.00Jul 27$3.15$0.76$3.91$735.09$742.910.53%
$745.00Jul 27$0.31$3.91$4.22$740.78$749.220.57%
$738.00Jul 27$3.95$0.56$4.51$733.49$742.510.61%
$746.00Jul 27$0.18$4.78$4.96$741.04$750.960.67%
$742.00Jul 28$2.30$2.83$5.13$736.87$747.130.69%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.08% of stock, avg 1.79%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$746.00$737.00Jul 27$0.18$0.41$0.59$736.41$746.59
$745.00$737.00Jul 27$0.31$0.41$0.72$736.28$745.72
$746.00$738.00Jul 27$0.18$0.56$0.74$737.26$746.74
$744.00$737.00Jul 27$0.51$0.41$0.92$736.08$744.92
$745.00$738.00Jul 27$0.31$0.56$0.87$737.13$745.87
$746.00$739.00Jul 27$0.18$0.76$0.94$738.06$746.94
$744.00$738.00Jul 27$0.51$0.56$1.07$736.93$745.07
$745.00$739.00Jul 27$0.31$0.76$1.07$737.93$746.07
$746.00$740.00Jul 27$0.18$1.02$1.20$738.80$747.20
$743.00$737.00Jul 27$0.82$0.41$1.23$735.77$744.23

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 498 found (best R:R 51.63, avg credit $2.32)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
685/690700/710Aug 28$9.81$0.1951.63$680.19$709.81
680/685700/710Aug 28$9.76$0.2440.67$675.24$709.76
675/680700/710Aug 28$9.72$0.2834.71$670.28$709.72
670/675700/710Aug 28$9.68$0.3230.25$665.32$709.68
665/670700/710Aug 28$9.66$0.3428.41$660.34$709.66
660/665700/710Aug 28$9.63$0.3726.03$655.37$709.63
655/660700/710Aug 28$9.60$0.4024.00$650.40$709.60
650/655700/710Aug 28$9.59$0.4123.39$645.41$709.59
675/680685/698Aug 28$12.45$0.5522.64$667.55$697.45
645/650700/710Aug 28$9.57$0.4322.26$640.43$709.57

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 236 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$625.00$630.00$635.00Aug 21$0.05$4.9599.00
$790.00$795.00$800.00Aug 28$0.05$4.9599.00
$615.00$620.00$625.00Aug 21$0.06$4.9482.33
$630.00$635.00$640.00Jul 27$0.07$4.9370.43
$675.00$680.00$685.00Aug 3$0.08$4.9261.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$680.00$685.00$690.00Sep 4$0.05$4.9599.00
$690.00$695.00$700.00Aug 5$0.06$4.9482.33
$695.00$700.00$705.00Aug 10$0.08$4.9261.50
$700.00$705.00$710.00Aug 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. 926 found (best net $-3.62, 920 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$3.62$36.38
$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-$11.85$18.15
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 2.20%, avg 0.53%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$742.00Sep 4$16.300.510.1%2.20%2.28%16173
$743.00Sep 4$15.660.500.2%2.11%2.33%1033
$744.00Sep 4$15.030.490.3%2.03%2.38%3120
$742.00Aug 31$14.900.510.1%2.01%2.09%38353
$742.00Aug 28$14.510.510.1%1.96%2.04%19242
$745.00Sep 4$14.410.470.5%1.94%2.43%3165
$743.00Aug 31$14.260.490.2%1.92%2.14%18427
$743.00Aug 28$13.870.500.2%1.87%2.09%43295
$746.00Sep 4$13.800.470.6%1.86%2.48%58307
$744.00Aug 31$13.640.480.3%1.84%2.19%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 1,016,505
Total Puts 1,272,813
Put/Call Ratio 1.25
Net Difference -256,308

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 9,619,005
Total Puts 11,875,072
Average Put/Call Ratio 1.20
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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