Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$738.06 -0.12%
(7/27 10:45) ◀
|
Monday, July 27, 2026 (10:50am)
January 2026
|
▶ (7/27 10:55)
◀ 7/27 10:50 ▶

Option Volume

Detail
ℹ
Current (07/27 10:50am) 4,346,713
Calls: 2,001,695 (46%)
Puts: 2,345,018 (54%)
Prior (07/24) 3,322,566
Calls: 1,490,935 (45%)
Puts: 1,831,631 (55%)
Current vs Prior +30.82%
Calls: +34.26% (Calls)
Puts: +28.03% (Puts)
Prior 7-Day Total 33,639,887
Calls: 15,174,385 (45%)
Puts: 18,465,502 (55%)
Prior 7-Day Average 4,805,698
Calls: 2,167,769 (45%)
Puts: 2,637,928 (55%)
Current vs Prior 7-Day Avg -9.55%
Calls: -7.66%
Puts: -11.10%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/27 10:50am) $957.99M
Calls: $189.12M (20%)
Puts: $768.88M (80%)
Prior (07/24) $488.42M
Calls: $209.71M (43%)
Puts: $278.72M (57%)
Current vs Prior +96.14%
Calls: -9.82%
Puts: +175.86%
Prior 7-Day Total $6.19B
Calls: $1.26B (20%)
Puts: $4.93B (80%)
Prior 7-Day Average $884.40M
Calls: $179.58M (20%)
Puts: $704.82M (80%)
Current vs Prior 7-Day Avg +8.32%
Calls: +5.31%
Puts: +9.09%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/27 10:50am) 1.17
Prior (07/24) 1.23
Current vs Prior -4.64%
Prior 7-Day Average 1.21
Current vs Prior 7-Day Avg -2.81%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/27 10:50am) 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
ℹ
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 0.59% | 0.91%0.59% | 1.27%1.80% | 2.45%3.43% | 4.95%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -25.82% | -11.81%+272.80% | +61.42%+1044.33% | +31.67%-1.52% | -1.29%
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 -25.82% | -11.81%+272.80% | +61.42%+1044.33% | +31.67%-1.52% | -1.29%
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 -25.82% | -11.81%-25.82% | -6.17%-3.38% | -1.62%-1.52% | -1.29%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 0.68% | 0.74%
Calls: 0.51% | 0.62%
Puts: 0.85% | 0.86%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -33.33% | +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 -33.33% | +12.12%
Liquidity Excellent
+
Add Card

🤖 AI Insights

Strong bearish conviction with 80% of dollar volume in puts ($768.88M) vs calls ($189.12M). Elevated premium activity with dollar volume up 96% vs prior. Slightly bearish P/C ratio of 1.17. 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
10:50BEARISHBEARISHBEARISH
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 2,410 of results (avg 2.3%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31138.58138.65$138.620.1%11.006.3K
$700.00Jul 3139.0139.08$39.050.2%160.966.6K
$690.00Aug 2152.9253.05$52.990.2%270.885.6K
$738.00Sep 417.2717.32$17.300.3%390.5122
$750.00Aug 216.806.82$6.810.3%1.2K0.3518.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$734.00Sep 412.5712.60$12.590.2%100.4418
$733.00Sep 412.2512.29$12.270.3%170.439
$719.00Aug 63.013.02$3.010.3%840.219
$730.00Aug 218.818.84$8.820.3%2.4K0.3957.9K
$731.00Sep 411.6511.69$11.670.3%390.413

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 531 found (avg $0.37, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$751.00Jul 280.050.06$0.0616.7%4.5K0.022.6K
$756.00Jul 290.050.06$0.0616.7%2740.02955
$760.00Jul 300.050.06$0.0616.7%7760.023.2K
$764.00Jul 310.050.06$0.0616.7%3770.013.7K
$766.00Aug 30.050.06$0.0616.7%2770.0168
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$724.00Jul 270.050.06$0.0616.7%4.9K0.022.6K
$710.00Jul 280.050.06$0.0616.7%4750.011.2K
$711.00Jul 280.050.06$0.0616.7%2340.01665
$712.00Jul 280.050.06$0.0616.7%1890.01529
$690.00Jul 290.050.06$0.0616.7%240.01921

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,134 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27141.68144.49$143.092.0%21.00--
$600.00Jul 27136.34139.49$137.922.3%21.00--
$605.00Jul 27131.74134.43$133.092.0%21.00--
$610.00Jul 27126.68129.49$128.092.2%21.00--
$615.00Jul 27121.34124.49$122.922.6%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$749.00Jul 2710.7512.13$11.4412.1%7011.00116
$750.00Jul 2711.8413.12$12.4810.3%5901.00110
$751.00Jul 2712.7614.25$13.5111.0%2181.004
$752.00Jul 2713.6515.37$14.5111.9%1801.00--
$753.00Jul 2714.4015.80$15.109.3%1071.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,476 active (total vol 4.3M, top 209.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.160.17$0.175.9%209.2K0.0811.6K
$744.00Jul 270.220.23$0.234.3%177.6K0.106.3K
$743.00Jul 270.330.34$0.342.9%139.4K0.148.0K
$742.00Jul 270.490.50$0.502.0%137.8K0.197.9K
$746.00Jul 270.110.12$0.128.3%134.5K0.066.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 272.942.96$2.950.7%205.5K0.6710.2K
$741.00Jul 273.623.65$3.640.8%134.8K0.746.8K
$743.00Jul 275.235.26$5.250.6%128.5K0.863.6K
$742.00Jul 274.394.42$4.400.7%124.8K0.817.8K
$738.00Jul 271.851.86$1.860.5%123.2K0.506.1K

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 215.7%, max 1063.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4207.1%17.8%1063.1%--58
$870.00Jul 27Sep 4200.7%17.3%1059.7%--529
$860.00Jul 27Aug 31187.7%16.4%1047.3%142.7K
$850.00Jul 27Aug 31174.4%16.0%992.8%--2.8K
$840.00Jul 27Aug 31160.9%15.2%957.8%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21104.3%12.8%711.7%442
$595.00Jul 27Sep 4261.2%35.2%641.4%4261
$605.00Jul 27Aug 31242.3%34.2%607.9%53720.8K
$615.00Jul 27Aug 31223.6%32.7%584.7%--2.1K
$620.00Jul 27Sep 4214.3%31.4%582.0%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,106 found (best R:R 399.00, avg 5.00)

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
$788.00$790.00Sep 4$0.10$1.90$0.1019.00$788.10
$765.00$770.00Aug 10$0.27$4.73$0.2717.52$765.27
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$0.11$19.89$0.11180.82$659.89
$675.00$660.00Aug 4$0.10$14.90$0.10149.00$674.90
$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

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,511 found (best R:R 226.27, avg 2.59)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$625.00$650.00Aug 7$24.89$24.89$0.11226.27$649.89
$670.00$700.00Jul 29$29.77$29.77$0.23129.43$699.77
$660.00$700.00Aug 4$39.33$39.33$0.6758.70$699.33
$650.00$670.00Aug 7$19.66$19.66$0.3457.82$669.66
$600.00$615.00Jul 28$14.72$14.72$0.2852.57$614.72
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$770.00$760.00Jul 30$9.84$9.84$0.1661.50$760.16
$810.00$805.00Jul 28$4.87$4.87$0.1337.46$805.13
$820.00$815.00Jul 28$4.87$4.87$0.1337.46$815.13
$780.00$775.00Aug 31$4.79$4.79$0.2122.81$775.21
$775.00$772.00Aug 28$2.83$2.83$0.1716.65$772.17

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 225 found (avg debit $1.49, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$798.00Jul 31Aug 21$0.0625.7%12.5%
$799.00Jul 31Aug 21$0.0626.0%12.7%
$690.00Jul 27Jul 28$0.0788.8%44.3%
$711.00Jul 27Jul 28$0.0757.8%29.0%
$796.00Jul 31Aug 21$0.0724.9%12.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$713.00Jul 27Jul 28$0.0553.9%27.7%
$714.00Jul 27Jul 28$0.0651.9%27.3%
$715.00Jul 27Jul 28$0.0650.0%26.3%
$716.00Jul 27Jul 28$0.0650.8%25.8%
$770.00Jul 27Jul 28$0.0658.0%24.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,117 found (cheapest 0.52% of stock, avg 5.19%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$738.00Jul 27$1.96$1.86$3.82$734.18$741.820.52%
$739.00Jul 27$1.46$2.36$3.82$735.18$742.820.52%
$737.00Jul 27$2.55$1.46$4.01$732.99$741.010.54%
$740.00Jul 27$1.05$2.95$4.00$736.00$744.000.54%
$736.00Jul 27$3.22$1.13$4.35$731.65$740.350.59%
$741.00Jul 27$0.73$3.64$4.37$736.63$745.370.59%
$735.00Jul 27$3.96$0.87$4.83$730.17$739.830.65%
$742.00Jul 27$0.50$4.40$4.90$737.10$746.900.66%
$734.00Jul 27$4.76$0.67$5.43$728.57$739.430.74%
$743.00Jul 27$0.34$5.25$5.59$737.41$748.590.76%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.14% of stock, avg 1.95%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$743.00$734.00Jul 27$0.34$0.67$1.01$732.99$744.01
$742.00$734.00Jul 27$0.50$0.67$1.17$732.83$743.17
$743.00$735.00Jul 27$0.34$0.87$1.21$733.79$744.21
$741.00$734.00Jul 27$0.73$0.67$1.40$732.60$742.40
$742.00$735.00Jul 27$0.50$0.87$1.37$733.63$743.37
$743.00$736.00Jul 27$0.34$1.13$1.47$734.53$744.47
$741.00$735.00Jul 27$0.73$0.87$1.60$733.40$742.60
$742.00$736.00Jul 27$0.50$1.13$1.63$734.37$743.63
$740.00$734.00Jul 27$1.05$0.67$1.72$732.28$741.72
$743.00$737.00Jul 27$0.34$1.46$1.80$735.20$744.80

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 551 found (best R:R 44.45, avg credit $3.04)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
660/665680/685Aug 14$4.89$0.1144.45$660.11$684.89
655/660710/715Sep 4$4.87$0.1337.46$655.13$714.87
670/675685/690Aug 14$4.86$0.1434.71$670.14$689.86
665/670685/690Aug 14$4.85$0.1532.33$665.15$689.85
650/655710/715Sep 4$4.85$0.1532.33$650.15$714.85
660/665685/690Aug 14$4.83$0.1728.41$660.17$689.83
645/650710/715Sep 4$4.83$0.1728.41$645.17$714.83
635/640650/665Aug 28$14.48$0.5227.85$625.52$664.48
640/645650/665Aug 28$14.47$0.5327.30$630.53$664.47
680/685690/697Aug 14$6.75$0.2527.00$678.25$696.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 274 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$725.00$730.00$735.00Aug 10$0.06$4.9482.33
$680.00$685.00$690.00Aug 14$0.06$4.9482.33
$785.00$790.00$795.00Aug 28$0.06$4.9482.33
$625.00$630.00$635.00Aug 21$0.08$4.9261.50
$620.00$625.00$630.00Jul 27$0.09$4.9154.56
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 4$0.05$4.9599.00
$680.00$685.00$690.00Sep 4$0.05$4.9599.00
$690.00$695.00$700.00Aug 5$0.06$4.9482.33
$690.00$695.00$700.00Aug 6$0.06$4.9482.33
$685.00$690.00$695.00Aug 10$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. 902 found (best net $-0.11, 895 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$0.11$39.89
$790.00$820.001:2Aug 6$0.00$30.00
$670.00$700.001:2Jul 29-$8.62$21.38
$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-$0.08$19.92
$655.00$640.001:2Jul 28-$0.01$14.99
$620.00$605.001:2Aug 3-$0.02$14.98
$640.00$625.001:2Aug 3-$0.04$14.96
$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 2.25%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$739.00Sep 4$16.620.500.1%2.25%2.38%8065
$740.00Sep 4$15.980.490.3%2.17%2.43%8279
$741.00Sep 4$15.350.480.4%2.08%2.48%678
$739.00Aug 31$15.250.500.1%2.07%2.19%1121.0K
$739.00Aug 28$14.850.500.1%2.01%2.14%12212
$742.00Sep 4$14.730.480.5%2.00%2.53%155173
$740.00Aug 31$14.610.480.3%1.98%2.24%4862.3K
$740.00Aug 28$14.220.490.3%1.93%2.19%1201.2K
$743.00Sep 4$14.120.470.7%1.91%2.58%1333
$741.00Aug 31$13.980.480.4%1.89%2.29%65273

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 2,001,695
Total Puts 2,345,018
Put/Call Ratio 1.17
Net Difference -343,323

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 15,174,385
Total Puts 18,465,502
Average Put/Call Ratio 1.21
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All