Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$739.75 +0.11%
7/27 11:05

Option Volume

Detail
Current (07/27 11:05am) 5,022,700
Calls: 2,404,995 (48%)
Puts: 2,617,705 (52%)
Prior (07/24) 3,322,566
Calls: 1,490,935 (45%)
Puts: 1,831,631 (55%)
Current vs Prior +51.17%
Calls: +61.31% (Calls)
Puts: +42.92% (Puts)
Prior 7-Day Total 38,454,410
Calls: 17,566,296 (46%)
Puts: 20,888,114 (54%)
Prior 7-Day Average 5,493,487
Calls: 2,509,470 (46%)
Puts: 2,984,016 (54%)
Current vs Prior 7-Day Avg -8.57%
Calls: -4.16%
Puts: -12.28%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 11:05am) $871.03M
Calls: $290.94M (33%)
Puts: $580.09M (67%)
Prior (07/24) $488.42M
Calls: $209.71M (43%)
Puts: $278.72M (57%)
Current vs Prior +78.34%
Calls: +38.74%
Puts: +108.13%
Prior 7-Day Total $7.18B
Calls: $1.59B (22%)
Puts: $5.59B (78%)
Prior 7-Day Average $1.03B
Calls: $227.02M (22%)
Puts: $799.04M (78%)
Current vs Prior 7-Day Avg -15.11%
Calls: +28.16%
Puts: -27.40%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 11:05am) 1.09
Prior (07/24) 1.23
Current vs Prior -11.40%
Prior 7-Day Average 1.17
Current vs Prior 7-Day Avg -7.31%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 11:05am) 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 0.49% | 0.82%0.49% | 1.19%1.71% | 2.36%3.34% | 4.87%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -37.29% | -20.50%+215.16% | +50.43%+991.78% | +26.86%-4.08% | -2.83%
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 -37.29% | -20.50%+215.16% | +50.43%+991.78% | +26.86%-4.08% | -2.83%
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 -37.29% | -20.50%-37.29% | -12.56%-7.81% | -5.22%-4.08% | -2.83%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.55% | 0.81%
Calls: 0.50% | 0.92%
Puts: 0.60% | 0.71%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -46.08% | +22.73%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -46.08% | +22.73%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 67% put dollar volume ($580.09M). Elevated premium activity with dollar volume up 78% vs prior. Above-average activity with volume up 51% vs prior. Slightly bearish P/C ratio of 1.09.

Smart Money BEARISH
Retail Flow NEUTRAL
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
11:05BEARISHNEUTRALBEARISH
11:00BEARISHBEARISHBEARISH
10:55BEARISHBEARISHBEARISH
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 2,387 of results (avg 2.3%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31140.20140.28$140.240.1%11.006.3K
$700.00Jul 3140.5440.61$40.580.2%200.976.6K
$690.00Aug 2154.2754.40$54.340.2%270.895.6K
$740.00Sep 416.6916.73$16.710.2%2510.5179
$742.00Aug 2111.7011.73$11.720.3%6910.481.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$738.00Jul 293.333.34$3.340.3%3.1K0.431.3K
$747.00Aug 2815.3015.35$15.330.3%190.57415
$746.00Aug 3115.1415.19$15.170.3%2170.561.7K
$738.00Aug 3112.0612.10$12.080.3%930.471.2K
$737.00Jul 292.993.00$3.000.3%2.3K0.39855

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 553 found (avg $0.38, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$751.00Jul 280.050.06$0.0616.7%4.5K0.032.6K
$756.00Jul 290.050.06$0.0616.7%3240.02955
$761.00Jul 300.050.06$0.0616.7%4960.021.9K
$764.00Jul 310.050.06$0.0616.7%3960.013.7K
$767.00Aug 30.050.06$0.0616.7%1290.01107
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$728.00Jul 270.050.06$0.0616.7%14.4K0.024.4K
$717.00Jul 280.050.06$0.0616.7%1.5K0.01725
$718.00Jul 280.050.06$0.0616.7%1.3K0.011.6K
$675.00Jul 300.050.06$0.0616.7%20.012.1K
$652.00Jul 310.050.06$0.0616.7%--0.01893

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,138 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27142.91146.33$144.622.4%21.00--
$600.00Jul 27137.91141.27$139.592.4%21.00--
$605.00Jul 27132.91136.33$134.622.5%21.00--
$610.00Jul 27127.91130.92$129.422.3%21.00--
$615.00Jul 27122.91125.73$124.322.3%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$752.00Jul 2811.6412.41$12.036.4%701.004
$753.00Jul 2812.0714.84$13.4620.6%31.001
$755.00Jul 2814.0717.10$15.5919.4%131.001
$756.00Jul 2815.0718.10$16.5918.3%571.00--
$757.00Jul 2816.0719.10$17.5917.2%861.001

Most actively traded options today. High liquidity = easy entry/exit. 2,518 active (total vol 5.0M, top 222.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.130.14$0.147.1%222.8K0.0811.6K
$744.00Jul 270.220.23$0.234.3%192.4K0.126.3K
$742.00Jul 270.610.62$0.621.6%173.6K0.287.9K
$743.00Jul 270.370.38$0.382.6%166.8K0.198.0K
$741.00Jul 270.950.96$0.961.0%163.5K0.378.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 271.671.68$1.670.6%215.9K0.5210.2K
$738.00Jul 270.900.91$0.911.1%145.3K0.336.1K
$741.00Jul 272.212.23$2.220.9%137.6K0.636.8K
$737.00Jul 270.650.66$0.661.5%132.8K0.254.9K
$739.00Jul 271.231.24$1.230.8%130.6K0.429.5K

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 218.9%, max 1086.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4209.0%17.6%1086.6%--58
$870.00Jul 27Sep 4202.4%17.1%1086.0%--529
$850.00Jul 27Aug 31175.5%15.7%1020.5%--2.8K
$860.00Jul 27Aug 31189.1%16.9%1020.5%242.7K
$840.00Jul 27Aug 31161.7%15.0%981.1%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21103.7%12.5%729.1%442
$595.00Jul 27Sep 4269.8%35.0%669.9%4261
$605.00Jul 27Aug 31250.4%34.0%636.7%53720.8K
$615.00Jul 27Aug 31231.3%32.4%614.5%--2.1K
$620.00Jul 27Sep 4221.8%31.2%610.4%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,026 found (best R:R 499.00, avg 4.85)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$790.00$795.00Aug 28$0.11$4.89$0.1144.45$790.11
$770.00$775.00Aug 10$0.12$4.88$0.1240.67$770.12
$785.00$790.00Aug 28$0.19$4.81$0.1925.32$785.19
$788.00$790.00Sep 4$0.11$1.89$0.1117.18$788.11
$765.00$770.00Aug 10$0.30$4.70$0.3015.67$765.30
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$0.15$9.85$0.1565.67$619.85
$680.00$675.00Aug 10$0.10$4.90$0.1049.00$679.90
$625.00$620.00Sep 4$0.10$4.90$0.1049.00$624.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,430 found (best R:R 177.57, avg 2.47)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$625.00$650.00Aug 7$24.86$24.86$0.14177.57$649.86
$660.00$700.00Aug 4$39.57$39.57$0.4392.02$699.57
$615.00$625.00Aug 31$9.84$9.84$0.1661.50$624.84
$615.00$620.00Jul 27$4.90$4.90$0.1049.00$619.90
$680.00$685.00Aug 7$4.90$4.90$0.1049.00$684.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$770.00$760.00Jul 30$9.77$9.77$0.2342.48$760.23
$760.00$758.00Aug 4$1.88$1.88$0.1215.67$758.12
$774.00$772.00Aug 31$1.87$1.87$0.1314.38$772.13
$772.00$770.00Aug 31$1.85$1.85$0.1512.33$770.15
$772.00$770.00Aug 28$1.82$1.82$0.1810.11$770.18

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 224 found (avg debit $1.46, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$798.00Jul 31Aug 21$0.0625.0%12.2%
$799.00Jul 31Aug 21$0.0625.3%12.3%
$797.00Jul 31Aug 21$0.0724.6%12.2%
$796.00Jul 31Aug 21$0.0824.2%12.2%
$749.00Jul 27Jul 28$0.0925.1%13.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$719.00Jul 27Jul 28$0.0546.4%23.6%
$787.00Jul 27Jul 28$0.0583.6%35.2%
$720.00Jul 27Jul 28$0.0644.4%23.1%
$758.00Jul 27Jul 28$0.0640.3%16.9%
$825.00Jul 27Jul 28$0.06140.5%59.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,121 found (cheapest 0.42% of stock, avg 5.18%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$740.00Jul 27$1.42$1.67$3.09$736.91$743.090.42%
$741.00Jul 27$0.96$2.22$3.18$737.82$744.180.43%
$739.00Jul 27$1.99$1.23$3.22$735.78$742.220.44%
$742.00Jul 27$0.62$2.87$3.49$738.51$745.490.47%
$738.00Jul 27$2.65$0.91$3.56$734.44$741.560.48%
$743.00Jul 27$0.38$3.64$4.02$738.98$747.020.54%
$737.00Jul 27$3.40$0.66$4.06$732.94$741.060.55%
$736.00Jul 27$4.22$0.48$4.70$731.30$740.700.64%
$744.00Jul 27$0.23$4.48$4.71$739.29$748.710.64%
$741.00Jul 28$2.13$3.28$5.41$735.59$746.410.73%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.08% of stock, avg 1.84%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$744.00$735.00Jul 27$0.23$0.35$0.58$734.42$744.58
$743.00$735.00Jul 27$0.38$0.35$0.73$734.27$743.73
$744.00$736.00Jul 27$0.23$0.48$0.71$735.29$744.71
$743.00$736.00Jul 27$0.38$0.48$0.86$735.14$743.86
$744.00$737.00Jul 27$0.23$0.66$0.89$736.11$744.89
$742.00$735.00Jul 27$0.62$0.35$0.97$734.03$742.97
$743.00$737.00Jul 27$0.38$0.66$1.04$735.96$744.04
$742.00$736.00Jul 27$0.62$0.48$1.10$734.90$743.10
$744.00$738.00Jul 27$0.23$0.91$1.14$736.86$745.14
$742.00$737.00Jul 27$0.62$0.66$1.28$735.72$743.28

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 478 found (best R:R 82.33, avg credit $2.97)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
610/620675/685Sep 4$9.88$0.1282.33$610.12$684.88
645/650675/685Sep 4$9.88$0.1282.33$640.12$684.88
635/640675/685Sep 4$9.86$0.1470.43$630.14$684.86
640/645675/685Sep 4$9.86$0.1470.43$635.14$684.86
600/610675/685Sep 4$9.85$0.1565.67$600.15$684.85
630/635675/685Sep 4$9.84$0.1661.50$625.16$684.84
620/625675/685Sep 4$9.83$0.1757.82$615.17$684.83
645/650665/670Aug 28$4.89$0.1144.45$645.11$669.89
640/645665/670Aug 28$4.88$0.1240.67$640.12$669.88
685/690700/710Aug 28$9.67$0.3329.30$680.33$709.67

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 259 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$670.00$675.00$680.00Jul 27$0.05$4.9599.00
$595.00$600.00$605.00Jul 27$0.06$4.9482.33
$600.00$605.00$610.00Jul 31$0.06$4.9482.33
$660.00$665.00$670.00Aug 3$0.07$4.9370.43
$605.00$610.00$615.00Aug 21$0.07$4.9370.43
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$685.00$690.00$695.00Aug 6$0.05$4.9599.00
$690.00$695.00$700.00Aug 10$0.07$4.9370.43
$695.00$700.00$705.00Aug 10$0.07$4.9370.43
$700.00$705.00$710.00Aug 10$0.09$4.9154.56
$767.00$770.00$773.00Aug 7$0.06$2.9449.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 918 found (best net $-1.33, 911 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$1.33$38.67
$790.00$820.001:2Aug 6$0.00$30.00
$670.00$700.001:2Jul 29-$9.89$20.11
$825.00$845.001:2Aug 3-$0.01$19.99
$783.00$800.001:2Aug 4-$0.02$16.98
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
$640.00$625.001:2Aug 3-$0.03$14.97
$675.00$660.001:2Aug 4-$0.07$14.93
$605.00$595.001:2Jul 27-$0.01$9.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 400 found (best yield 2.26%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$740.00Sep 4$16.690.510.0%2.26%2.29%25179
$741.00Sep 4$16.040.500.2%2.17%2.34%1478
$742.00Sep 4$15.400.490.3%2.08%2.39%245173
$740.00Aug 31$15.300.510.0%2.07%2.10%5642.3K
$740.00Aug 28$14.900.510.0%2.01%2.05%1711.2K
$743.00Sep 4$14.780.470.4%2.00%2.44%1533
$741.00Aug 31$14.660.490.2%1.98%2.15%72273
$741.00Aug 28$14.260.500.2%1.93%2.10%94175
$744.00Sep 4$14.160.470.6%1.91%2.49%4220
$742.00Aug 31$14.030.480.3%1.90%2.20%39353

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 2,404,995
Total Puts 2,617,705
Put/Call Ratio 1.09
Net Difference -212,710

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 17,566,296
Total Puts 20,888,114
Average Put/Call Ratio 1.17
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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