Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$737.78 -0.16%
7/27 10:35

Option Volume

Detail
Current (07/27 10:35am) 3,580,341
Calls: 1,636,601 (46%)
Puts: 1,943,740 (54%)
Prior (07/24) 2,637,981
Calls: 1,183,022 (45%)
Puts: 1,454,959 (55%)
Current vs Prior +35.72%
Calls: +38.34% (Calls)
Puts: +33.59% (Puts)
Prior 7-Day Total 29,019,145
Calls: 12,956,287 (45%)
Puts: 16,062,858 (55%)
Prior 7-Day Average 4,145,592
Calls: 1,850,898 (45%)
Puts: 2,294,694 (55%)
Current vs Prior 7-Day Avg -13.63%
Calls: -11.58%
Puts: -15.29%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 10:35am) $858.64M
Calls: $128.12M (15%)
Puts: $730.52M (85%)
Prior (07/24) $383.72M
Calls: $180.89M (47%)
Puts: $202.83M (53%)
Current vs Prior +123.77%
Calls: -29.17%
Puts: +260.16%
Prior 7-Day Total $4.63B
Calls: $1.13B (25%)
Puts: $3.49B (75%)
Prior 7-Day Average $661.00M
Calls: $162.04M (25%)
Puts: $498.97M (75%)
Current vs Prior 7-Day Avg +29.90%
Calls: -20.93%
Puts: +46.41%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 10:35am) 1.19
Prior (07/24) 1.23
Current vs Prior -3.43%
Prior 7-Day Average 1.24
Current vs Prior 7-Day Avg -3.98%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 10:35am) 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 0.61% | 0.93%0.61% | 1.30%1.83% | 2.48%3.46% | 4.99%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -23.04% | -10.33%+286.75% | +64.74%+1067.20% | +33.40%-0.47% | -0.33%
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 -23.04% | -10.33%+286.75% | +64.74%+1067.20% | +33.40%-0.47% | -0.33%
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 -23.04% | -10.33%-23.04% | -4.24%-1.45% | -0.33%-0.47% | -0.33%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.66% | 0.74%
Calls: 0.82% | 0.54%
Puts: 0.49% | 0.95%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -35.29% | +12.12%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -35.29% | +12.12%
Liquidity Excellent
+
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🤖 AI Insights

Strong bearish conviction with 85% of dollar volume in puts ($730.52M) vs calls ($128.12M). Massive premium surge with dollar volume up 124% vs prior. Slightly bearish P/C ratio of 1.19. 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
10:35BEARISHBEARISHBEARISH
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 2,433 of results (avg 2.1%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31138.26138.33$138.300.1%11.006.3K
$731.00Jul 277.147.15$7.150.1%3870.89127
$759.00Sep 46.136.14$6.140.2%960.2982
$700.00Jul 3138.7238.79$38.750.2%100.966.6K
$761.00Sep 45.415.42$5.420.2%420.275
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$698.00Sep 45.415.42$5.420.2%10.1927
$727.00Sep 410.6810.70$10.690.2%20.3830
$726.00Aug 217.907.92$7.910.3%510.342.4K
$701.00Aug 213.733.74$3.740.3%1110.172.3K
$730.00Aug 3110.6410.67$10.660.3%3760.4022.8K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 522 found (avg $0.37, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$751.00Jul 280.050.06$0.0616.7%3.8K0.022.6K
$756.00Jul 290.050.06$0.0616.7%2020.02955
$760.00Jul 300.050.06$0.0616.7%7080.023.2K
$764.00Jul 310.050.06$0.0616.7%2930.013.7K
$766.00Aug 30.050.06$0.0616.7%2770.0168
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$724.00Jul 270.050.06$0.0616.7%3.7K0.022.6K
$712.00Jul 280.050.06$0.0616.7%1890.01529
$713.00Jul 280.050.06$0.0616.7%580.01496
$670.00Jul 300.050.06$0.0616.7%--0.0122
$644.00Jul 310.050.06$0.0616.7%--0.002.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,110 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27141.50144.22$142.861.9%21.00--
$600.00Jul 27136.51139.53$138.022.2%21.00--
$605.00Jul 27131.78134.18$132.981.8%21.00--
$610.00Jul 27126.50129.18$127.842.1%21.00--
$615.00Jul 27121.50124.18$122.842.2%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$748.00Jul 279.6610.31$9.996.5%2.1K1.001.4K
$749.00Jul 2710.6611.29$10.985.7%6751.00116
$750.00Jul 2712.1312.29$12.211.3%5861.00110
$751.00Jul 2713.0513.85$13.455.9%1871.004
$752.00Jul 2713.4614.50$13.987.4%1701.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,378 active (total vol 3.6M, top 197.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.140.15$0.156.7%189.8K0.0711.6K
$744.00Jul 270.200.21$0.214.8%163.7K0.106.3K
$746.00Jul 270.090.10$0.1010.0%125.7K0.056.2K
$743.00Jul 270.310.32$0.323.1%121.0K0.148.0K
$742.00Jul 270.460.47$0.472.1%112.7K0.207.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 273.173.19$3.180.6%197.6K0.6510.2K
$741.00Jul 273.873.89$3.880.5%130.1K0.736.8K
$743.00Jul 275.495.51$5.500.4%126.9K0.863.6K
$742.00Jul 274.654.67$4.660.4%123.0K0.807.8K
$739.00Jul 272.562.58$2.570.8%108.3K0.579.5K

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 208.0%, max 1036.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4202.3%17.8%1036.7%--58
$870.00Jul 27Sep 4196.0%17.3%1033.4%--529
$860.00Jul 27Aug 31183.2%16.3%1021.4%42.7K
$850.00Jul 27Aug 31170.3%15.9%968.1%--2.8K
$840.00Jul 27Aug 31157.1%15.2%933.9%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21101.7%12.8%693.3%242
$595.00Jul 27Sep 4255.6%35.2%625.9%4261
$605.00Jul 27Aug 31237.1%34.2%593.8%50220.8K
$615.00Jul 27Aug 31218.8%32.6%571.6%--2.1K
$620.00Jul 27Sep 4209.7%31.4%568.2%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,091 found (best R:R 374.00, avg 4.89)

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$0.17$4.83$0.1728.41$785.17
$765.00$770.00Aug 10$0.27$4.73$0.2717.52$765.27
$788.00$790.00Sep 4$0.11$1.89$0.1117.18$788.11
$785.00$787.00Sep 4$0.14$1.86$0.1413.29$785.14
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$660.00$600.00Aug 5$0.16$59.84$0.16374.00$659.84
$660.00$640.00Aug 6$0.11$19.89$0.11180.82$659.89
$610.00$600.00Sep 4$0.14$9.86$0.1470.43$609.86
$620.00$610.00Sep 4$0.17$9.83$0.1757.82$619.83
$665.00$660.00Aug 14$0.10$4.90$0.1049.00$664.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,494 found (best R:R 213.29, avg 2.49)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$670.00$700.00Jul 29$29.86$29.86$0.14213.29$699.86
$625.00$650.00Aug 7$24.85$24.85$0.15165.67$649.85
$660.00$700.00Aug 4$39.37$39.37$0.6362.49$699.37
$690.00$700.00Jul 28$9.81$9.81$0.1951.63$699.81
$615.00$625.00Aug 31$9.81$9.81$0.1951.63$624.81
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$770.00$760.00Jul 30$9.74$9.74$0.2637.46$760.26
$805.00$800.00Jul 27$4.76$4.76$0.2419.83$800.24
$774.00$772.00Aug 21$1.90$1.90$0.1019.00$772.10
$810.00$805.00Jul 27$4.67$4.67$0.3314.15$805.33
$760.00$758.00Aug 3$1.86$1.86$0.1413.29$758.14

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 230 found (avg debit $1.48, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$710.00Jul 27Jul 28$0.0552.6%29.1%
$709.00Jul 27Jul 28$0.0654.3%29.1%
$750.00Jul 27Jul 28$0.0628.2%14.9%
$798.00Jul 31Aug 21$0.0625.6%12.5%
$799.00Jul 31Aug 21$0.0625.9%12.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$714.00Jul 27Jul 28$0.0645.6%26.1%
$715.00Jul 27Jul 28$0.0743.9%25.8%
$716.00Jul 27Jul 28$0.0747.2%25.4%
$717.00Jul 27Jul 28$0.0845.3%25.3%
$748.00Jul 27Jul 28$0.0826.4%15.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,092 found (cheapest 0.53% of stock, avg 5.19%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$738.00Jul 27$1.86$2.05$3.91$734.09$741.910.53%
$739.00Jul 27$1.38$2.57$3.95$735.05$742.950.54%
$737.00Jul 27$2.43$1.62$4.05$732.95$741.050.55%
$740.00Jul 27$0.99$3.18$4.17$735.83$744.170.57%
$736.00Jul 27$3.08$1.27$4.35$731.65$740.350.59%
$741.00Jul 27$0.69$3.88$4.57$736.43$745.570.62%
$735.00Jul 27$3.79$0.98$4.77$730.23$739.770.65%
$742.00Jul 27$0.47$4.66$5.13$736.87$747.130.70%
$734.00Jul 27$4.56$0.76$5.32$728.68$739.320.72%
$743.00Jul 27$0.32$5.50$5.82$737.18$748.820.79%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.15% of stock, avg 1.95%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$743.00$734.00Jul 27$0.32$0.76$1.08$732.92$744.08
$742.00$734.00Jul 27$0.47$0.76$1.23$732.77$743.23
$743.00$735.00Jul 27$0.32$0.98$1.30$733.70$744.30
$741.00$734.00Jul 27$0.69$0.76$1.45$732.55$742.45
$742.00$735.00Jul 27$0.47$0.98$1.45$733.55$743.45
$743.00$736.00Jul 27$0.32$1.27$1.59$734.41$744.59
$741.00$735.00Jul 27$0.69$0.98$1.67$733.33$742.67
$740.00$734.00Jul 27$0.99$0.76$1.75$732.25$741.75
$742.00$736.00Jul 27$0.47$1.27$1.74$734.26$743.74
$743.00$737.00Jul 27$0.32$1.62$1.94$735.06$744.94

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 582 found (best R:R 44.45, avg credit $2.49)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
665/670680/685Aug 14$4.89$0.1144.45$665.11$684.89
660/665680/685Aug 14$4.87$0.1337.46$660.13$684.87
640/645650/670Aug 28$19.43$0.5734.09$625.57$669.43
630/635650/670Aug 28$19.41$0.5932.90$615.59$669.41
635/640650/670Aug 28$19.41$0.5932.90$620.59$669.41
660/665670/685Aug 28$14.21$0.7917.99$650.79$684.21
655/660670/685Aug 28$14.19$0.8117.52$645.81$684.19
650/655670/685Aug 28$14.16$0.8416.86$640.84$684.16
645/650670/685Aug 28$14.15$0.8516.65$635.85$684.15
640/645670/685Aug 28$14.13$0.8716.24$630.87$684.13

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 231 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$640.00$645.00$650.00Aug 21$0.05$4.9599.00
$605.00$610.00$615.00Jul 31$0.06$4.9482.33
$675.00$680.00$685.00Aug 7$0.06$4.9482.33
$620.00$625.00$630.00Aug 21$0.06$4.9482.33
$785.00$790.00$795.00Aug 28$0.06$4.9482.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 3$0.05$4.9599.00
$690.00$695.00$700.00Aug 6$0.06$4.9482.33
$680.00$685.00$690.00Aug 14$0.06$4.9482.33
$685.00$690.00$695.00Aug 10$0.07$4.9370.43
$680.00$685.00$690.00Aug 28$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. 885 found (best net $-0.10, 879 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$0.10$39.90
$790.00$820.001:2Aug 6$0.00$30.00
$670.00$700.001:2Jul 29-$8.44$21.56
$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-$0.04$19.96
$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-$0.02$14.98
$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. 418 found (best yield 2.31%, avg 0.57%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$738.00Sep 4$17.070.510.0%2.31%2.34%522
$739.00Sep 4$16.470.500.2%2.23%2.40%6165
$740.00Sep 4$15.840.490.3%2.15%2.45%6679
$738.00Aug 31$15.740.510.0%2.13%2.16%29417
$738.00Aug 28$15.350.510.0%2.08%2.11%59149
$741.00Sep 4$15.200.480.4%2.06%2.50%678
$739.00Aug 31$15.100.500.2%2.05%2.21%1011.0K
$739.00Aug 28$14.710.500.2%1.99%2.16%11212
$742.00Sep 4$14.600.480.6%1.98%2.55%155173
$740.00Aug 31$14.470.490.3%1.96%2.26%3672.3K

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 1,636,601
Total Puts 1,943,740
Put/Call Ratio 1.19
Net Difference -307,139

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 12,956,287
Total Puts 16,062,858
Average Put/Call Ratio 1.24
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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