Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$737.44 -0.20%
7/27 10:45

Option Volume

Detail
Current (07/27 10:45am) 4,132,570
Calls: 1,893,354 (46%)
Puts: 2,239,216 (54%)
Prior (07/24) 3,322,566
Calls: 1,490,935 (45%)
Puts: 1,831,631 (55%)
Current vs Prior +24.38%
Calls: +26.99% (Calls)
Puts: +22.25% (Puts)
Prior 7-Day Total 32,058,831
Calls: 14,420,462 (45%)
Puts: 17,638,369 (55%)
Prior 7-Day Average 4,579,833
Calls: 2,060,066 (45%)
Puts: 2,519,767 (55%)
Current vs Prior 7-Day Avg -9.77%
Calls: -8.09%
Puts: -11.13%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 10:45am) $1.01B
Calls: $162.43M (16%)
Puts: $844.91M (84%)
Prior (07/24) $488.42M
Calls: $209.71M (43%)
Puts: $278.72M (57%)
Current vs Prior +106.24%
Calls: -22.55%
Puts: +203.15%
Prior 7-Day Total $5.63B
Calls: $1.21B (22%)
Puts: $4.41B (78%)
Prior 7-Day Average $803.77M
Calls: $173.28M (22%)
Puts: $630.48M (78%)
Current vs Prior 7-Day Avg +25.33%
Calls: -6.27%
Puts: +34.01%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 10:45am) 1.18
Prior (07/24) 1.23
Current vs Prior -3.73%
Prior 7-Day Average 1.21
Current vs Prior 7-Day Avg -2.54%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 10:45am) 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 0.63% | 0.96%0.63% | 1.32%1.86% | 2.51%3.49% | 5.00%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -20.77% | -7.40%+298.15% | +67.58%+1082.42% | +34.77%+0.32% | -0.12%
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 -20.77% | -7.40%+298.15% | +67.58%+1082.42% | +34.77%+0.32% | -0.12%
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 -20.77% | -7.40%-20.77% | -2.59%-0.16% | +0.70%+0.32% | -0.12%
Sentiment BULLISHBEARISHBEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 0.43% | 0.99%
Calls: 0.44% | 0.84%
Puts: 0.43% | 1.15%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -57.84% | +50.00%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -57.84% | +50.00%
Liquidity Excellent
+
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🤖 AI Insights

Strong bearish conviction with 84% of dollar volume in puts ($844.91M) vs calls ($162.43M). Massive premium surge with dollar volume up 106% vs prior. Slightly bearish P/C ratio of 1.18. 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
10:45BEARISHBEARISHBEARISH
10:40BEARISHBEARISHBEARISH
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 2,475 of results (avg 2.3%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31137.90137.97$137.940.1%11.006.3K
$700.00Jul 3138.3938.46$38.420.2%140.956.6K
$724.00Jul 2813.9313.96$13.950.2%10.91163
$690.00Aug 2152.3752.50$52.440.2%270.875.6K
$738.00Aug 3115.6315.67$15.650.3%390.50417
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$741.00Aug 2112.9312.96$12.950.2%1.6K0.532.1K
$737.00Aug 2111.3911.42$11.410.3%1.0K0.483.3K
$743.00Aug 2815.1415.18$15.160.3%130.55366
$736.00Aug 2111.0411.07$11.060.3%8560.472.0K
$741.00Aug 3114.5914.63$14.610.3%1130.531.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 524 found (avg $0.36, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$748.00Jul 270.050.06$0.0616.7%74.9K0.0310.9K
$751.00Jul 280.050.06$0.0616.7%4.5K0.022.6K
$760.00Jul 300.050.06$0.0616.7%7750.013.2K
$764.00Jul 310.050.06$0.0616.7%3760.013.7K
$766.00Aug 30.050.06$0.0616.7%2770.0168
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$723.00Jul 270.050.06$0.0616.7%3.6K0.024.6K
$710.00Jul 280.050.06$0.0616.7%4750.011.2K
$711.00Jul 280.050.06$0.0616.7%2310.01665
$690.00Jul 290.050.06$0.0616.7%180.01921
$665.00Jul 300.050.06$0.0616.7%--0.01341

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,137 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$590.00Jul 27146.02148.84$147.431.9%21.00--
$595.00Jul 27141.02143.84$142.432.0%21.00--
$600.00Jul 27135.56138.86$137.212.4%21.00--
$605.00Jul 27130.88133.78$132.332.2%21.00--
$610.00Jul 27126.00128.78$127.392.2%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$751.00Jul 2813.1414.52$13.8310.0%221.007
$752.00Jul 2814.1514.94$14.555.4%701.004
$753.00Jul 2814.4616.29$15.3811.9%31.001
$755.00Jul 2816.4219.45$17.9416.9%131.001
$756.00Jul 2817.4220.45$18.9416.0%571.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,461 active (total vol 4.1M, top 204.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.140.15$0.156.7%202.7K0.0711.6K
$744.00Jul 270.210.22$0.224.5%172.8K0.096.3K
$743.00Jul 270.310.32$0.323.1%134.4K0.128.0K
$746.00Jul 270.100.11$0.119.1%132.0K0.046.2K
$742.00Jul 270.450.46$0.462.2%129.8K0.177.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 273.503.53$3.510.9%204.2K0.7110.2K
$741.00Jul 274.224.25$4.230.7%132.9K0.776.8K
$743.00Jul 275.865.89$5.880.5%128.2K0.883.6K
$742.00Jul 275.015.04$5.030.6%124.3K0.837.8K
$738.00Jul 272.312.32$2.320.4%119.4K0.566.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 375 strikes (avg 216.0%, max 1053.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4206.7%17.9%1053.6%--58
$870.00Jul 27Sep 4200.3%17.4%1051.2%--529
$860.00Jul 27Aug 31187.4%16.5%1036.3%142.7K
$850.00Jul 27Aug 31174.2%16.0%986.6%--2.8K
$840.00Jul 27Aug 31160.9%15.3%950.0%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21104.6%13.0%705.8%442
$590.00Jul 27Sep 4267.6%36.1%640.8%3647
$595.00Jul 27Sep 4258.1%35.3%630.7%4261
$605.00Jul 27Aug 31239.3%34.3%597.2%50220.8K
$615.00Jul 27Aug 31220.8%32.7%574.7%--2.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,107 found (best R:R 374.00, avg 4.93)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$770.00$775.00Aug 10$0.10$4.90$0.1049.00$770.10
$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$0.26$4.74$0.2618.23$765.26
$788.00$790.00Sep 4$0.11$1.89$0.1117.18$788.11
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$0.18$9.82$0.1854.56$619.82
$690.00$685.00Aug 4$0.10$4.90$0.1049.00$689.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,500 found (best R:R 70.43, avg 2.22)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$615.00$625.00Aug 31$9.86$9.86$0.1470.43$624.86
$655.00$665.00Jul 28$9.85$9.85$0.1565.67$664.85
$590.00$650.00Aug 28$58.91$58.91$1.0954.05$648.91
$625.00$630.00Aug 21$4.90$4.90$0.1049.00$629.90
$660.00$700.00Aug 4$39.18$39.18$0.8247.78$699.18
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$775.00$772.00Aug 28$2.88$2.88$0.1224.00$772.12
$860.00$855.00Jul 27$4.77$4.77$0.2320.74$855.23
$810.00$805.00Jul 27$4.76$4.76$0.2419.83$805.24
$770.00$768.00Aug 28$1.86$1.86$0.1413.29$768.14
$766.00$765.00Aug 31$0.90$0.90$0.109.00$765.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 248 found (avg debit $1.43, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$703.00Jul 27Jul 29$0.0664.2%29.4%
$710.00Jul 27Jul 28$0.0651.9%29.2%
$798.00Jul 31Aug 21$0.0625.9%12.6%
$799.00Jul 31Aug 21$0.0626.3%12.8%
$670.00Jul 27Jul 28$0.07122.0%52.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$712.00Jul 27Jul 28$0.0554.0%28.0%
$713.00Jul 27Jul 28$0.0552.1%27.6%
$714.00Jul 27Jul 28$0.0650.1%27.1%
$788.00Jul 27Jul 28$0.0686.8%37.4%
$715.00Jul 27Jul 28$0.0748.2%26.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,120 found (cheapest 0.55% of stock, avg 5.28%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$738.00Jul 27$1.76$2.32$4.08$733.92$742.080.55%
$737.00Jul 27$2.29$1.85$4.14$732.86$741.140.56%
$739.00Jul 27$1.31$2.88$4.19$734.81$743.190.57%
$736.00Jul 27$2.90$1.47$4.37$731.63$740.370.59%
$740.00Jul 27$0.95$3.51$4.46$735.54$744.460.60%
$735.00Jul 27$3.58$1.15$4.73$730.27$739.730.64%
$741.00Jul 27$0.67$4.23$4.90$736.10$745.900.66%
$734.00Jul 27$4.32$0.90$5.22$728.78$739.220.71%
$742.00Jul 27$0.46$5.03$5.49$736.51$747.490.74%
$733.00Jul 27$5.12$0.69$5.81$727.19$738.810.79%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.16% of stock, avg 1.99%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$742.00$733.00Jul 27$0.46$0.69$1.15$731.85$743.15
$741.00$733.00Jul 27$0.67$0.69$1.36$731.64$742.36
$742.00$734.00Jul 27$0.46$0.90$1.36$732.64$743.36
$741.00$734.00Jul 27$0.67$0.90$1.57$732.43$742.57
$740.00$733.00Jul 27$0.95$0.69$1.64$731.36$741.64
$742.00$735.00Jul 27$0.46$1.15$1.61$733.39$743.61
$740.00$734.00Jul 27$0.95$0.90$1.85$732.15$741.85
$741.00$735.00Jul 27$0.67$1.15$1.82$733.18$742.82
$742.00$736.00Jul 27$0.46$1.47$1.93$734.07$743.93
$739.00$733.00Jul 27$1.31$0.69$2.00$731.00$741.00

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 576 found (best R:R 37.46, avg credit $2.95)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
670/675680/685Aug 14$4.87$0.1337.46$670.13$684.87
665/670680/685Aug 14$4.85$0.1532.33$665.15$684.85
640/645650/665Aug 28$14.53$0.4730.91$630.47$664.53
635/640650/665Aug 28$14.51$0.4929.61$625.49$664.51
630/635650/665Aug 28$14.50$0.5029.00$620.50$664.50
680/685695/700Aug 7$4.83$0.1728.41$680.17$699.83
660/665680/685Aug 14$4.83$0.1728.41$660.17$684.83
675/680695/700Aug 7$4.81$0.1925.32$675.19$699.81
660/665670/685Aug 28$14.40$0.6024.00$650.60$684.40
655/660670/685Aug 28$14.39$0.6123.59$645.61$684.39

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 302 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$600.00$605.00$610.00Jul 31$0.05$4.9599.00
$665.00$670.00$675.00Aug 3$0.05$4.9599.00
$635.00$640.00$645.00Aug 21$0.05$4.9599.00
$590.00$595.00$600.00Aug 21$0.06$4.9482.33
$785.00$790.00$795.00Aug 28$0.06$4.9482.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$685.00$690.00$695.00Aug 4$0.05$4.9599.00
$690.00$695.00$700.00Aug 4$0.05$4.9599.00
$645.00$650.00$655.00Aug 28$0.05$4.9599.00
$655.00$660.00$665.00Sep 4$0.05$4.9599.00
$690.00$695.00$700.00Aug 3$0.06$4.9482.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 892 found (best net $--, 885 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$790.00$820.001:2Aug 6$0.00$30.00
$590.00$650.001:2Aug 28-$32.43$27.57
$670.00$700.001:2Jul 29-$7.58$22.42
$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
$660.00$640.001:2Aug 6-$0.10$19.90
$655.00$640.001:2Jul 28-$0.01$14.99
$620.00$605.001:2Aug 3-$0.04$14.96
$640.00$625.001:2Aug 3-$0.05$14.95
$630.00$615.001:2Aug 4-$0.06$14.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 416 found (best yield 2.30%, avg 0.56%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$738.00Sep 4$16.990.510.1%2.30%2.38%3122
$739.00Sep 4$16.350.490.2%2.22%2.43%6665
$740.00Sep 4$15.720.480.3%2.13%2.48%7879
$738.00Aug 31$15.630.500.1%2.12%2.20%39417
$738.00Aug 28$15.240.500.1%2.07%2.14%66149
$741.00Sep 4$15.090.480.5%2.05%2.53%678
$739.00Aug 31$14.990.490.2%2.03%2.24%1121.0K
$739.00Aug 28$14.600.490.2%1.98%2.19%11212
$742.00Sep 4$14.480.470.6%1.96%2.58%155173
$740.00Aug 31$14.360.480.3%1.95%2.29%4392.3K

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 1,893,354
Total Puts 2,239,216
Put/Call Ratio 1.18
Net Difference -345,862

Prior's Put/Call Breakdown

Total Calls 1,490,935
Total Puts 1,831,631
Put/Call Ratio 1.23
Net Difference -340,696

Prior 7-Day Put/Call Summary

Total Calls 14,420,462
Total Puts 17,638,369
Average Put/Call Ratio 1.21
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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