Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$741.23 +0.31%
7/27 10:15

Option Volume

Detail
Current (07/27 10:15am) 2,551,514
Calls: 1,139,431 (45%)
Puts: 1,412,083 (55%)
Prior (07/24) 791,578
Calls: 405,831 (51%)
Puts: 385,747 (49%)
Current vs Prior +222.33%
Calls: +180.76% (Calls)
Puts: +266.06% (Puts)
Prior 7-Day Total 23,119,681
Calls: 10,318,534 (45%)
Puts: 12,801,147 (55%)
Prior 7-Day Average 3,302,811
Calls: 1,474,076 (45%)
Puts: 1,828,735 (55%)
Current vs Prior 7-Day Avg -22.75%
Calls: -22.70%
Puts: -22.78%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 10:15am) $442.95M
Calls: $118.36M (27%)
Puts: $324.59M (73%)
Prior (07/24) $115.14M
Calls: $59.76M (52%)
Puts: $55.38M (48%)
Current vs Prior +284.71%
Calls: +98.05%
Puts: +486.15%
Prior 7-Day Total $3.33B
Calls: $995.25M (30%)
Puts: $2.34B (70%)
Prior 7-Day Average $476.02M
Calls: $142.18M (30%)
Puts: $333.84M (70%)
Current vs Prior 7-Day Avg -6.95%
Calls: -16.75%
Puts: -2.77%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 10:15am) 1.24
Prior (07/24) 0.95
Current vs Prior +30.38%
Prior 7-Day Average 1.22
Current vs Prior 7-Day Avg +1.73%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 10:15am) 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 0.50% | 0.78%0.50% | 1.15%1.66% | 2.29%3.26% | 4.80%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -36.90% | -24.71%+217.07% | +46.20%+957.83% | +22.98%-6.21% | -4.16%
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 -36.90% | -24.71%+217.07% | +46.20%+957.83% | +22.98%-6.21% | -4.16%
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 -36.90% | -24.71%-36.91% | -15.02%-10.68% | -8.12%-6.21% | -4.16%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.54% | 0.86%
Calls: 0.58% | 0.71%
Puts: 0.51% | 1.02%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -47.06% | +30.30%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -47.06% | +30.30%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 73% put dollar volume ($324.59M). Massive premium surge with dollar volume up 285% vs prior. Unusually high activity with volume up 222% vs prior - elevated interest. Bearish P/C ratio of 1.24 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
10:15BEARISHBEARISHBEARISH
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 2,378 of results (avg 2.3%, best 0.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31141.63141.69$141.660.0%11.006.3K
$690.00Aug 2155.5455.64$55.590.2%270.895.6K
$747.00Sep 413.0913.12$13.110.2%170.45211
$741.00Aug 2113.0513.08$13.070.2%1310.512.4K
$745.00Aug 3112.9112.94$12.930.2%270.471.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$720.00Aug 317.057.07$7.060.3%1400.2811.5K
$745.00Aug 2813.7013.74$13.720.3%1190.53879
$744.00Aug 2813.3013.34$13.320.3%2310.52402
$717.00Aug 316.526.54$6.530.3%470.2620.6K
$748.00Sep 416.1316.18$16.160.3%--0.5651

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 560 found (avg $0.39, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$748.00Jul 270.050.06$0.0616.7%63.3K0.0410.9K
$752.00Jul 280.050.06$0.0616.7%2.4K0.033.1K
$757.00Jul 290.050.06$0.0616.7%3140.021.4K
$762.00Jul 300.050.06$0.0616.7%2780.021.1K
$767.00Aug 30.050.06$0.0616.7%1290.01107
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$729.00Jul 270.050.06$0.0616.7%4.1K0.022.8K
$715.00Jul 280.050.06$0.0616.7%6860.013.8K
$716.00Jul 280.050.06$0.0616.7%670.01452
$695.00Jul 290.050.06$0.0616.7%270.011.1K
$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. 1,097 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27144.81147.62$146.221.9%21.00--
$600.00Jul 27139.81142.62$141.222.0%21.00--
$605.00Jul 27134.81137.37$136.091.9%21.00--
$610.00Jul 27129.81132.54$131.182.1%21.00--
$615.00Jul 27124.81127.53$126.172.2%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$757.00Jul 2914.5817.58$16.0818.7%51.00--
$758.00Jul 2915.2018.60$16.9020.1%31.0013
$759.00Jul 2916.5118.99$17.7514.0%51.00--
$760.00Jul 2917.5120.58$19.0516.1%71.00--
$761.00Jul 2918.5121.64$20.0815.6%21.001

Most actively traded options today. High liquidity = easy entry/exit. 2,288 active (total vol 2.5M, top 144.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.290.30$0.303.3%144.8K0.1511.6K
$744.00Jul 270.490.50$0.502.0%121.9K0.226.3K
$746.00Jul 270.160.17$0.175.9%103.2K0.096.2K
$747.00Jul 270.090.10$0.1010.0%98.7K0.068.1K
$743.00Jul 270.780.79$0.791.3%74.7K0.308.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 271.101.11$1.110.9%141.7K0.4010.2K
$743.00Jul 272.562.59$2.581.2%121.1K0.693.6K
$742.00Jul 271.971.98$1.980.5%112.4K0.607.8K
$741.00Jul 271.481.49$1.490.7%103.8K0.496.8K
$744.00Jul 273.263.29$3.280.9%96.7K0.781.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 374 strikes (avg 199.9%, max 1000.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4192.1%17.4%1000.8%--58
$870.00Jul 27Sep 4186.0%16.9%1000.3%--529
$860.00Jul 27Aug 31173.6%15.9%990.4%32.7K
$850.00Jul 27Aug 31161.0%15.5%938.0%--2.8K
$840.00Jul 27Aug 31148.2%14.8%902.7%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 2194.3%12.3%668.2%242
$595.00Jul 27Sep 4252.1%35.1%617.7%--261
$605.00Jul 27Aug 31234.2%34.0%587.9%50220.8K
$615.00Jul 27Aug 31216.5%32.5%567.0%--2.1K
$620.00Jul 27Sep 4207.7%31.3%563.8%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 987 found (best R:R 499.00, avg 4.90)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$770.00$775.00Aug 10$0.13$4.87$0.1337.46$770.13
$790.00$795.00Aug 28$0.13$4.87$0.1337.46$790.13
$785.00$790.00Aug 28$0.22$4.78$0.2221.73$785.22
$788.00$790.00Sep 4$0.12$1.88$0.1215.67$788.12
$765.00$770.00Aug 10$0.35$4.65$0.3513.29$765.35
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$0.13$9.87$0.1375.92$609.87
$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
$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. 1,356 found (best R:R 113.29, avg 2.08)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$660.00$700.00Aug 4$39.65$39.65$0.35113.29$699.65
$626.00$633.00Aug 31$6.89$6.89$0.1162.64$632.89
$615.00$625.00Aug 31$9.84$9.84$0.1661.50$624.84
$704.00$710.00Jul 30$5.84$5.84$0.1636.50$709.84
$685.00$690.00Aug 7$4.86$4.86$0.1434.71$689.86
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$780.00$775.00Aug 31$4.88$4.88$0.1240.67$775.12
$770.00$767.00Aug 7$2.79$2.79$0.2113.29$767.21
$775.00$772.00Aug 28$2.78$2.78$0.2212.64$772.22
$766.00$765.00Aug 14$0.90$0.90$0.109.00$765.10
$774.00$772.00Aug 31$1.79$1.79$0.218.52$772.21

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 249 found (avg debit $1.24, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$700.00Jul 27Jul 28$0.0572.3%37.8%
$713.00Jul 27Jul 28$0.0550.6%28.7%
$751.00Jul 27Jul 28$0.0523.6%12.5%
$709.00Jul 27Jul 28$0.0657.3%31.3%
$711.00Jul 27Jul 28$0.0654.0%30.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$717.00Jul 27Jul 28$0.0549.1%26.4%
$718.00Jul 27Jul 28$0.0547.2%25.9%
$756.00Jul 27Jul 28$0.0531.4%14.9%
$719.00Jul 27Jul 28$0.0645.4%25.4%
$720.00Jul 27Jul 28$0.0743.5%24.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,078 found (cheapest 0.43% of stock, avg 5.22%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$741.00Jul 27$1.71$1.49$3.20$737.80$744.200.43%
$742.00Jul 27$1.19$1.98$3.17$738.83$745.170.43%
$743.00Jul 27$0.79$2.58$3.37$739.63$746.370.45%
$740.00Jul 27$2.33$1.11$3.44$736.56$743.440.46%
$744.00Jul 27$0.50$3.28$3.78$740.22$747.780.51%
$739.00Jul 27$3.04$0.82$3.86$735.14$742.860.52%
$745.00Jul 27$0.30$4.08$4.38$740.62$749.380.59%
$738.00Jul 27$3.82$0.61$4.43$733.57$742.430.60%
$737.00Jul 27$4.66$0.45$5.11$731.89$742.110.69%
$746.00Jul 27$0.17$4.96$5.13$740.87$751.130.69%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.08% of stock, avg 1.81%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$746.00$737.00Jul 27$0.17$0.45$0.62$736.38$746.62
$745.00$737.00Jul 27$0.30$0.45$0.75$736.25$745.75
$746.00$738.00Jul 27$0.17$0.61$0.78$737.22$746.78
$745.00$738.00Jul 27$0.30$0.61$0.91$737.09$745.91
$744.00$737.00Jul 27$0.50$0.45$0.95$736.05$744.95
$746.00$739.00Jul 27$0.17$0.82$0.99$738.01$746.99
$744.00$738.00Jul 27$0.50$0.61$1.11$736.89$745.11
$745.00$739.00Jul 27$0.30$0.82$1.12$737.88$746.12
$743.00$737.00Jul 27$0.79$0.45$1.24$735.76$744.24
$746.00$740.00Jul 27$0.17$1.11$1.28$738.72$747.28

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 508 found (best R:R 49.00, avg credit $2.28)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
670/675685/690Aug 14$4.90$0.1049.00$670.10$689.90
680/685690/697Aug 14$6.76$0.2428.17$678.24$696.76
675/680690/697Aug 14$6.74$0.2625.92$673.26$696.74
670/675690/697Aug 14$6.71$0.2923.14$668.29$696.71
716/717719/721Aug 5$1.86$0.1413.29$715.14$720.86
675/680685/698Aug 28$12.00$1.0012.00$668.00$697.00
670/675685/698Aug 28$11.98$1.0211.75$663.02$696.98
665/670685/698Aug 28$11.94$1.0611.26$658.06$696.94
660/665685/698Aug 28$11.93$1.0711.15$653.07$696.93
655/660685/698Aug 28$11.89$1.1110.71$648.11$696.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 228 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$605.00$610.00$615.00Aug 21$0.05$4.9599.00
$600.00$605.00$610.00Aug 31$0.05$4.9599.00
$790.00$795.00$800.00Aug 28$0.06$4.9482.33
$610.00$615.00$620.00Jul 31$0.07$4.9370.43
$675.00$680.00$685.00Aug 7$0.08$4.9261.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 6$0.05$4.9599.00
$680.00$685.00$690.00Aug 14$0.05$4.9599.00
$680.00$685.00$690.00Sep 4$0.05$4.9599.00
$830.00$835.00$840.00Jul 27$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. 923 found (best net $-2.67, 917 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$2.67$37.33
$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-$11.33$18.67
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. 383 found (best yield 2.18%, avg 0.52%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$742.00Sep 4$16.180.500.1%2.18%2.29%16173
$743.00Sep 4$15.540.490.2%2.10%2.34%1033
$744.00Sep 4$14.910.480.4%2.01%2.39%3120
$742.00Aug 31$14.780.500.1%1.99%2.10%39353
$742.00Aug 28$14.380.500.1%1.94%2.04%19242
$745.00Sep 4$14.290.470.5%1.93%2.44%3165
$743.00Aug 31$14.140.480.2%1.91%2.15%18427
$743.00Aug 28$13.750.480.2%1.86%2.09%43295
$746.00Sep 4$13.680.460.6%1.85%2.49%58307
$744.00Aug 31$13.520.480.4%1.82%2.20%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 1,139,431
Total Puts 1,412,083
Put/Call Ratio 1.24
Net Difference -272,652

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 10,318,534
Total Puts 12,801,147
Average Put/Call Ratio 1.22
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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