Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$740.85 +0.26%
7/27 10:20

Option Volume

Detail
Current (07/27 10:20am) 2,735,940
Calls: 1,229,437 (45%)
Puts: 1,506,503 (55%)
Prior (07/24) 791,578
Calls: 405,831 (51%)
Puts: 385,747 (49%)
Current vs Prior +245.63%
Calls: +202.94% (Calls)
Puts: +290.54% (Puts)
Prior 7-Day Total 24,685,093
Calls: 10,995,737 (45%)
Puts: 13,689,356 (55%)
Prior 7-Day Average 3,526,441
Calls: 1,570,819 (45%)
Puts: 1,955,622 (55%)
Current vs Prior 7-Day Avg -22.42%
Calls: -21.73%
Puts: -22.97%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 10:20am) $478.00M
Calls: $120.84M (25%)
Puts: $357.16M (75%)
Prior (07/24) $115.14M
Calls: $59.76M (52%)
Puts: $55.38M (48%)
Current vs Prior +315.14%
Calls: +102.20%
Puts: +544.96%
Prior 7-Day Total $3.61B
Calls: $1.05B (29%)
Puts: $2.57B (71%)
Prior 7-Day Average $516.31M
Calls: $149.63M (29%)
Puts: $366.68M (71%)
Current vs Prior 7-Day Avg -7.42%
Calls: -19.24%
Puts: -2.60%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 10:20am) 1.23
Prior (07/24) 0.95
Current vs Prior +28.92%
Prior 7-Day Average 1.23
Current vs Prior 7-Day Avg -0.65%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 10:20am) 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% | 0.79%0.50% | 1.17%1.68% | 2.32%3.30% | 4.83%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -36.36% | -23.23%+219.81% | +48.33%+970.38% | +24.64%-5.27% | -3.49%
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 -36.36% | -23.23%+219.81% | +48.33%+970.38% | +24.64%-5.27% | -3.49%
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 -36.36% | -23.23%-36.36% | -13.78%-9.62% | -6.88%-5.27% | -3.49%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.54% | 0.69%
Calls: 0.48% | 0.62%
Puts: 0.61% | 0.75%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -47.06% | +4.55%
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% | +4.55%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 75% put dollar volume ($357.16M). Massive premium surge with dollar volume up 315% vs prior. Unusually high activity with volume up 246% vs prior - elevated interest. Bearish P/C ratio of 1.23 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
10:20BEARISHBEARISHBEARISH
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 2,423 of results (avg 2.1%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31141.29141.36$141.320.0%11.006.3K
$700.00Jul 3141.6241.69$41.660.2%70.976.6K
$690.00Aug 2155.2155.33$55.270.2%270.905.6K
$700.00Aug 2145.9846.09$46.040.2%200.867.6K
$741.00Aug 68.098.11$8.100.2%460.51574
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$739.00Jul 293.233.24$3.240.3%6820.421.1K
$745.00Aug 2112.4512.49$12.470.3%1.7K0.548.5K
$747.00Aug 3114.9915.04$15.020.3%40.564.5K
$746.00Aug 3114.5614.61$14.590.3%1530.541.7K
$727.00Aug 318.578.60$8.590.3%10.34634

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 557 found (avg $0.39, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$748.00Jul 270.050.06$0.0616.7%63.9K0.0410.9K
$757.00Jul 290.050.06$0.0616.7%3140.021.4K
$765.00Jul 310.050.06$0.0616.7%3760.0114.0K
$767.00Aug 30.050.06$0.0616.7%1290.01107
$770.00Aug 40.050.06$0.0616.7%70.01191
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$729.00Jul 270.050.06$0.0616.7%4.3K0.022.8K
$716.00Jul 280.050.06$0.0616.7%670.01452
$717.00Jul 280.050.06$0.0616.7%390.01725
$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. 1,097 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27144.47147.28$145.881.9%21.00--
$600.00Jul 27139.47142.29$140.882.0%21.00--
$605.00Jul 27134.47137.28$135.882.1%21.00--
$610.00Jul 27129.47132.28$130.882.1%21.00--
$615.00Jul 27124.47127.28$125.882.2%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 278.639.48$9.069.4%5651.00110
$751.00Jul 279.6210.46$10.048.4%1821.004
$752.00Jul 2710.8711.54$11.206.0%1471.00--
$753.00Jul 2711.6112.54$12.087.7%751.00--
$754.00Jul 2712.3913.53$12.968.8%641.001

Most actively traded options today. High liquidity = easy entry/exit. 2,305 active (total vol 2.7M, top 155.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.230.24$0.244.2%152.8K0.1411.6K
$744.00Jul 270.400.41$0.412.4%133.4K0.216.3K
$746.00Jul 270.140.15$0.156.7%106.5K0.096.2K
$747.00Jul 270.080.09$0.0911.1%100.4K0.068.1K
$743.00Jul 270.650.66$0.661.5%85.7K0.308.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 271.201.22$1.211.7%155.5K0.4010.2K
$743.00Jul 272.772.80$2.791.1%122.2K0.703.6K
$742.00Jul 272.142.16$2.150.9%116.3K0.607.8K
$741.00Jul 271.621.63$1.630.6%113.5K0.506.8K
$744.00Jul 273.513.54$3.530.8%97.6K0.791.7K

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 201.3%, max 1008.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4193.4%17.4%1008.6%--58
$870.00Jul 27Sep 4187.3%16.9%1008.1%--529
$860.00Jul 27Aug 31174.8%16.0%993.0%32.7K
$850.00Jul 27Aug 31162.2%15.5%947.1%--2.8K
$840.00Jul 27Aug 31149.3%14.8%909.8%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 2195.0%12.3%673.8%242
$595.00Jul 27Sep 4253.9%35.1%624.1%4261
$605.00Jul 27Aug 31235.8%34.0%592.6%50220.8K
$615.00Jul 27Aug 31218.0%32.4%573.0%--2.1K
$620.00Jul 27Sep 4209.1%31.2%569.5%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,009 found (best R:R 499.00, avg 4.80)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$770.00$775.00Aug 10$0.12$4.88$0.1240.67$770.12
$790.00$795.00Aug 28$0.12$4.88$0.1240.67$790.12
$785.00$790.00Aug 28$0.21$4.79$0.2122.81$785.21
$788.00$790.00Sep 4$0.12$1.88$0.1215.67$788.12
$765.00$770.00Aug 10$0.33$4.67$0.3314.15$765.33
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
$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. 1,401 found (best R:R 132.33, avg 2.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$650.00$670.00Aug 7$19.85$19.85$0.15132.33$669.85
$625.00$650.00Aug 7$24.79$24.79$0.21118.05$649.79
$660.00$700.00Aug 4$39.57$39.57$0.4392.02$699.57
$626.00$633.00Aug 31$6.90$6.90$0.1069.00$632.90
$615.00$625.00Aug 31$9.83$9.83$0.1757.82$624.83
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$770.00$760.00Jul 30$9.77$9.77$0.2342.48$760.23
$780.00$775.00Aug 31$4.82$4.82$0.1826.78$775.18
$765.00$762.00Jul 29$2.87$2.87$0.1322.08$762.13
$825.00$820.00Jul 28$4.77$4.77$0.2320.74$820.23
$774.00$772.00Aug 31$1.88$1.88$0.1215.67$772.12

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 221 found (avg debit $1.36, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$751.00Jul 27Jul 28$0.0523.8%12.6%
$799.00Jul 31Aug 21$0.0624.8%12.1%
$708.00Jul 27Jul 29$0.0759.4%27.4%
$797.00Jul 31Aug 21$0.0724.0%11.9%
$798.00Jul 31Aug 21$0.0724.4%12.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$718.00Jul 27Jul 28$0.0547.6%25.4%
$719.00Jul 27Jul 28$0.0645.7%24.5%
$720.00Jul 27Jul 28$0.0743.8%24.0%
$721.00Jul 27Jul 28$0.0841.9%23.9%
$760.00Jul 27Jul 28$0.0934.6%17.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,078 found (cheapest 0.42% of stock, avg 5.21%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$741.00Jul 27$1.50$1.63$3.13$737.87$744.130.42%
$742.00Jul 27$1.02$2.15$3.17$738.83$745.170.43%
$740.00Jul 27$2.09$1.21$3.30$736.70$743.300.45%
$743.00Jul 27$0.66$2.79$3.45$739.55$746.450.47%
$739.00Jul 27$2.77$0.89$3.66$735.34$742.660.49%
$744.00Jul 27$0.41$3.53$3.94$740.06$747.940.53%
$738.00Jul 27$3.53$0.65$4.18$733.82$742.180.56%
$745.00Jul 27$0.24$4.37$4.61$740.39$749.610.62%
$737.00Jul 27$4.36$0.48$4.84$732.16$741.840.65%
$742.00Jul 28$2.09$3.12$5.21$736.79$747.210.70%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.09% of stock, avg 1.80%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$746.00$737.00Jul 27$0.15$0.48$0.63$736.37$746.63
$745.00$737.00Jul 27$0.24$0.48$0.72$736.28$745.72
$746.00$738.00Jul 27$0.15$0.65$0.80$737.20$746.80
$744.00$737.00Jul 27$0.41$0.48$0.89$736.11$744.89
$745.00$738.00Jul 27$0.24$0.65$0.89$737.11$745.89
$744.00$738.00Jul 27$0.41$0.65$1.06$736.94$745.06
$746.00$739.00Jul 27$0.15$0.89$1.04$737.96$747.04
$743.00$737.00Jul 27$0.66$0.48$1.14$735.86$744.14
$745.00$739.00Jul 27$0.24$0.89$1.13$737.87$746.13
$743.00$738.00Jul 27$0.66$0.65$1.31$736.69$744.31

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 500 found (best R:R 24.00, avg credit $2.31)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
670/675680/685Aug 14$4.80$0.2024.00$670.20$684.80
680/685690/697Aug 14$6.72$0.2824.00$678.28$696.72
675/680690/697Aug 14$6.71$0.2923.14$673.29$696.71
670/675690/697Aug 14$6.67$0.3320.21$668.33$696.67
675/680685/698Aug 28$12.29$0.7117.31$667.71$697.29
670/675685/698Aug 28$12.26$0.7416.57$662.74$697.26
665/670685/698Aug 28$12.22$0.7815.67$657.78$697.22
660/665685/698Aug 28$12.20$0.8015.25$652.80$697.20
655/660685/698Aug 28$12.18$0.8214.85$647.82$697.18
650/655685/698Aug 28$12.16$0.8414.48$642.84$697.16

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 242 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$790.00$795.00$800.00Aug 28$0.05$4.9599.00
$680.00$685.00$690.00Aug 3$0.08$4.9261.50
$785.00$790.00$795.00Aug 28$0.09$4.9154.56
$680.00$685.00$690.00Aug 7$0.10$4.9049.00
$660.00$665.00$670.00Aug 3$0.15$4.8532.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 6$0.05$4.9599.00
$685.00$690.00$695.00Aug 10$0.05$4.9599.00
$680.00$685.00$690.00Aug 14$0.06$4.9482.33
$680.00$685.00$690.00Aug 28$0.06$4.9482.33
$690.00$695.00$700.00Aug 5$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. 925 found (best net $-2.51, 919 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$2.51$37.49
$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-$11.34$18.66
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. 396 found (best yield 2.24%, avg 0.54%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$741.00Sep 4$16.590.510.0%2.24%2.26%478
$742.00Sep 4$15.970.500.2%2.16%2.31%16173
$743.00Sep 4$15.340.490.3%2.07%2.36%1033
$741.00Aug 31$15.220.510.0%2.05%2.07%61273
$741.00Aug 28$14.820.510.0%2.00%2.02%23175
$744.00Sep 4$14.710.480.4%1.99%2.41%3120
$742.00Aug 31$14.570.500.2%1.97%2.12%39353
$742.00Aug 28$14.180.500.2%1.91%2.07%32242
$745.00Sep 4$14.090.470.6%1.90%2.46%3165
$743.00Aug 31$13.940.480.3%1.88%2.17%18427

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 1,229,437
Total Puts 1,506,503
Put/Call Ratio 1.23
Net Difference -277,066

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 10,995,737
Total Puts 13,689,356
Average Put/Call Ratio 1.23
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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