Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$738.53 -0.05%
7/27 10:30

Option Volume

Detail
Current (07/27 10:30am) 3,267,714
Calls: 1,487,743 (46%)
Puts: 1,779,971 (54%)
Prior (07/24) 2,637,981
Calls: 1,183,022 (45%)
Puts: 1,454,959 (55%)
Current vs Prior +23.87%
Calls: +25.76% (Calls)
Puts: +22.34% (Puts)
Prior 7-Day Total 27,671,412
Calls: 12,312,756 (44%)
Puts: 15,358,656 (56%)
Prior 7-Day Average 3,953,058
Calls: 1,758,965 (44%)
Puts: 2,194,093 (56%)
Current vs Prior 7-Day Avg -17.34%
Calls: -15.42%
Puts: -18.87%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 10:30am) $723.12M
Calls: $113.17M (16%)
Puts: $609.95M (84%)
Prior (07/24) $383.72M
Calls: $180.89M (47%)
Puts: $202.83M (53%)
Current vs Prior +88.45%
Calls: -37.44%
Puts: +200.72%
Prior 7-Day Total $4.25B
Calls: $1.11B (26%)
Puts: $3.14B (74%)
Prior 7-Day Average $607.18M
Calls: $158.38M (26%)
Puts: $448.81M (74%)
Current vs Prior 7-Day Avg +19.09%
Calls: -28.55%
Puts: +35.91%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 10:30am) 1.20
Prior (07/24) 1.23
Current vs Prior -2.72%
Prior 7-Day Average 1.25
Current vs Prior 7-Day Avg -4.13%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 10:30am) 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 0.56% | 0.87%0.56% | 1.24%1.76% | 2.42%3.40% | 4.93%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -28.61% | -15.92%+258.79% | +57.54%+1023.82% | +29.92%-2.28% | -1.62%
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 -28.61% | -15.92%+258.79% | +57.54%+1023.82% | +29.92%-2.28% | -1.62%
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 -28.61% | -15.92%-28.61% | -8.43%-5.11% | -2.93%-2.28% | -1.62%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.73% | 0.62%
Calls: 0.47% | 0.60%
Puts: 0.99% | 0.65%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -28.43% | -6.06%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -28.43% | -6.06%
Liquidity Excellent
+
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🤖 AI Insights

Strong bearish conviction with 84% of dollar volume in puts ($609.95M) vs calls ($113.17M). Elevated premium activity with dollar volume up 88% vs prior. Slightly bearish P/C ratio of 1.20. Put-heavy open interest (5,349,896 puts vs 2,204,257 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
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
10:30BEARISHBEARISHBEARISH
10:25BEARISHBEARISHBEARISH
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 2,381 of results (avg 2.2%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31138.98139.05$139.010.1%11.006.3K
$700.00Jul 3139.4039.46$39.430.2%80.966.6K
$690.00Aug 2153.2153.32$53.270.2%270.885.6K
$739.00Aug 2113.0413.07$13.060.2%9940.50441
$739.00Aug 3115.3915.43$15.410.3%520.501.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$742.00Aug 2112.5612.60$12.580.3%1.4K0.542.1K
$719.00Aug 216.096.11$6.100.3%740.282.2K
$744.00Aug 3115.0715.12$15.100.3%4250.55962
$744.00Aug 2814.7914.84$14.820.3%2400.55402
$731.00Aug 218.838.86$8.840.3%2810.402.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 527 found (avg $0.37, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$747.00Jul 270.050.06$0.0616.7%106.1K0.038.1K
$751.00Jul 280.050.06$0.0616.7%3.6K0.022.6K
$756.00Jul 290.050.06$0.0616.7%1770.02955
$760.00Jul 300.050.06$0.0616.7%6980.023.2K
$764.00Jul 310.050.06$0.0616.7%2920.013.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$726.00Jul 270.050.06$0.0616.7%3.2K0.037.7K
$713.00Jul 280.050.06$0.0616.7%580.01496
$714.00Jul 280.050.06$0.0616.7%190.01884
$695.00Jul 290.050.06$0.0616.7%280.011.1K
$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. 1,107 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27142.14144.94$143.542.0%21.00--
$600.00Jul 27137.14139.94$138.542.0%21.00--
$605.00Jul 27132.14134.94$133.542.1%21.00--
$610.00Jul 27127.14129.94$128.542.2%21.00--
$615.00Jul 27122.13124.95$123.542.3%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$749.00Jul 2710.1111.72$10.9214.7%6641.00116
$750.00Jul 2710.6112.71$11.6618.0%5791.00110
$751.00Jul 2711.5313.85$12.6918.3%1841.004
$752.00Jul 2712.3914.86$13.6318.1%1661.00--
$753.00Jul 2713.4315.84$14.6416.5%871.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,357 active (total vol 3.3M, top 193.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.120.13$0.137.7%179.0K0.0711.6K
$744.00Jul 270.190.20$0.205.0%158.0K0.106.3K
$746.00Jul 270.080.09$0.0911.1%121.3K0.056.2K
$743.00Jul 270.310.32$0.323.1%109.0K0.148.0K
$747.00Jul 270.050.06$0.0616.7%106.1K0.038.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 272.572.59$2.580.8%193.0K0.6410.2K
$741.00Jul 273.213.23$3.220.6%127.7K0.736.8K
$743.00Jul 274.764.78$4.770.4%126.2K0.863.6K
$742.00Jul 273.943.97$3.960.8%121.8K0.807.8K
$744.00Jul 275.615.70$5.661.6%100.1K0.901.7K

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 205.7%, max 1026.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4200.5%17.8%1026.4%--58
$870.00Jul 27Sep 4194.3%17.3%1025.1%--529
$860.00Jul 27Aug 31181.6%16.3%1013.0%42.7K
$850.00Jul 27Aug 31168.8%15.9%963.1%--2.8K
$840.00Jul 27Aug 31155.7%15.2%926.1%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21100.7%12.8%686.9%242
$595.00Jul 27Sep 4254.0%35.2%622.1%4261
$605.00Jul 27Aug 31235.6%34.1%590.4%50220.8K
$615.00Jul 27Aug 31217.5%32.5%568.9%--2.1K
$620.00Jul 27Sep 4208.5%31.4%565.0%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,068 found (best R:R 399.00, avg 4.84)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$790.00$795.00Aug 28$0.11$4.89$0.1144.45$790.11
$785.00$790.00Aug 28$0.18$4.82$0.1826.78$785.18
$788.00$790.00Sep 4$0.11$1.89$0.1117.18$788.11
$765.00$770.00Aug 10$0.28$4.72$0.2816.86$765.28
$785.00$787.00Sep 4$0.13$1.87$0.1314.38$785.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$660.00$600.00Aug 5$0.15$59.85$0.15399.00$659.85
$660.00$640.00Aug 6$0.10$19.90$0.10199.00$659.90
$610.00$600.00Sep 4$0.14$9.86$0.1470.43$609.86
$620.00$610.00Sep 4$0.16$9.84$0.1661.50$619.84
$640.00$635.00Aug 28$0.10$4.90$0.1049.00$639.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,476 found (best R:R 89.91, avg 2.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$650.00$670.00Aug 7$19.74$19.74$0.2675.92$669.74
$615.00$625.00Aug 7$9.86$9.86$0.1470.43$624.86
$670.00$690.00Jul 28$19.69$19.69$0.3163.52$689.69
$655.00$665.00Jul 28$9.83$9.83$0.1757.82$664.83
$660.00$700.00Aug 4$39.28$39.28$0.7254.56$699.28
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$770.00$760.00Jul 30$9.89$9.89$0.1189.91$760.11
$790.00$780.00Jul 31$9.82$9.82$0.1854.56$780.18
$820.00$815.00Jul 28$4.88$4.88$0.1240.67$815.12
$805.00$800.00Jul 28$4.86$4.86$0.1434.71$800.14
$830.00$825.00Jul 28$4.85$4.85$0.1532.33$825.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 229 found (avg debit $1.53, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$750.00Jul 27Jul 28$0.0527.7%14.4%
$798.00Jul 31Aug 21$0.0625.5%12.4%
$799.00Jul 31Aug 21$0.0625.9%12.6%
$796.00Jul 31Aug 21$0.0724.7%12.3%
$797.00Jul 31Aug 21$0.0725.1%12.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$715.00Jul 27Jul 28$0.0643.9%25.9%
$774.00Jul 27Jul 28$0.0662.0%27.2%
$716.00Jul 27Jul 28$0.0742.1%25.5%
$717.00Jul 27Jul 28$0.0745.3%25.0%
$754.00Jul 27Jul 29$0.0733.5%14.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,089 found (cheapest 0.49% of stock, avg 5.19%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$739.00Jul 27$1.59$2.03$3.62$735.38$742.620.49%
$738.00Jul 27$2.13$1.58$3.71$734.29$741.710.50%
$740.00Jul 27$1.13$2.58$3.71$736.29$743.710.50%
$737.00Jul 27$2.76$1.21$3.97$733.03$740.970.54%
$741.00Jul 27$0.77$3.22$3.99$737.01$744.990.54%
$736.00Jul 27$3.48$0.93$4.41$731.59$740.410.60%
$742.00Jul 27$0.51$3.96$4.47$737.53$746.470.61%
$735.00Jul 27$4.26$0.71$4.97$730.03$739.970.67%
$743.00Jul 27$0.32$4.77$5.09$737.91$748.090.69%
$734.00Jul 27$5.09$0.53$5.62$728.38$739.620.76%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.12% of stock, avg 1.91%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$743.00$734.00Jul 27$0.32$0.53$0.85$733.15$743.85
$742.00$734.00Jul 27$0.51$0.53$1.04$732.96$743.04
$743.00$735.00Jul 27$0.32$0.71$1.03$733.97$744.03
$742.00$735.00Jul 27$0.51$0.71$1.22$733.78$743.22
$743.00$736.00Jul 27$0.32$0.93$1.25$734.75$744.25
$741.00$734.00Jul 27$0.77$0.53$1.30$732.70$742.30
$742.00$736.00Jul 27$0.51$0.93$1.44$734.56$743.44
$741.00$735.00Jul 27$0.77$0.71$1.48$733.52$742.48
$743.00$737.00Jul 27$0.32$1.21$1.53$735.47$744.53
$740.00$734.00Jul 27$1.13$0.53$1.66$732.34$741.66

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 561 found (best R:R 34.71, avg credit $2.48)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
670/675680/685Aug 14$4.86$0.1434.71$670.14$684.86
685/690700/705Aug 14$4.84$0.1630.25$685.16$704.84
665/670680/685Aug 14$4.83$0.1728.41$665.17$684.83
680/685690/697Aug 14$6.74$0.2625.92$678.26$696.74
680/685700/710Aug 28$9.61$0.3924.64$675.39$709.61
680/685700/705Aug 14$4.79$0.2122.81$680.21$704.79
675/680690/697Aug 14$6.70$0.3022.33$673.30$696.70
675/680700/710Aug 28$9.57$0.4322.26$670.43$709.57
680/685695/700Aug 7$4.78$0.2221.73$680.22$699.78
670/675690/697Aug 14$6.68$0.3220.87$668.32$696.68

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 258 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$605.00$615.00$625.00Aug 7$0.12$9.8882.33
$785.00$790.00$795.00Aug 28$0.07$4.9370.43
$675.00$680.00$685.00Jul 27$0.08$4.9261.50
$610.00$615.00$620.00Jul 31$0.12$4.8840.67
$605.00$610.00$615.00Jul 31$0.13$4.8737.46
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 3$0.05$4.9599.00
$690.00$695.00$700.00Aug 4$0.05$4.9599.00
$685.00$690.00$695.00Aug 5$0.05$4.9599.00
$690.00$695.00$700.00Aug 5$0.05$4.9599.00
$690.00$695.00$700.00Aug 6$0.05$4.9599.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 896 found (best net $-0.91, 890 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$0.91$39.09
$790.00$820.001:2Aug 6$0.00$30.00
$670.00$700.001:2Jul 29-$8.84$21.16
$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-$0.02$19.98
$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-$0.05$14.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 402 found (best yield 2.27%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$739.00Sep 4$16.770.510.1%2.27%2.33%565
$740.00Sep 4$16.120.490.2%2.18%2.38%1679
$741.00Sep 4$15.490.480.3%2.10%2.43%678
$739.00Aug 31$15.390.500.1%2.08%2.15%521.0K
$739.00Aug 28$14.990.500.1%2.03%2.09%9212
$742.00Sep 4$14.870.480.5%2.01%2.48%154173
$740.00Aug 31$14.750.490.2%2.00%2.20%2882.3K
$740.00Aug 28$14.350.490.2%1.94%2.14%951.2K
$743.00Sep 4$14.250.470.6%1.93%2.53%1033
$741.00Aug 31$14.120.480.3%1.91%2.25%64273

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 1,487,743
Total Puts 1,779,971
Put/Call Ratio 1.20
Net Difference -292,228

Prior's Put/Call Breakdown

Total Calls 1,183,022
Total Puts 1,454,959
Put/Call Ratio 1.23
Net Difference -271,937

Prior 7-Day Put/Call Summary

Total Calls 12,312,756
Total Puts 15,358,656
Average Put/Call Ratio 1.25
Ratio Trend Falling

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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