Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$739.17 +0.03%
(7/27 11:05) ◀
|
Monday, July 27, 2026 (11:10am)
January 2026
|
▶ (7/27 11:15)
◀ 7/27 11:10 ▶

Option Volume

Detail
ℹ
Current (07/27 11:10am) 5,223,300
Calls: 2,518,156 (48%)
Puts: 2,705,144 (52%)
Prior (07/24) 4,283,460
Calls: 1,941,524 (45%)
Puts: 2,341,936 (55%)
Current vs Prior +21.94%
Calls: +29.70% (Calls)
Puts: +15.51% (Puts)
Prior 7-Day Total 39,896,769
Calls: 18,334,690 (46%)
Puts: 21,562,079 (54%)
Prior 7-Day Average 5,699,538
Calls: 2,619,241 (46%)
Puts: 3,080,297 (54%)
Current vs Prior 7-Day Avg -8.36%
Calls: -3.86%
Puts: -12.18%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/27 11:10am) $934.97M
Calls: $280.02M (30%)
Puts: $654.95M (70%)
Prior (07/24) $694.91M
Calls: $478.64M (69%)
Puts: $216.26M (31%)
Current vs Prior +34.55%
Calls: -41.50%
Puts: +202.85%
Prior 7-Day Total $7.19B
Calls: $1.75B (24%)
Puts: $5.44B (76%)
Prior 7-Day Average $1.03B
Calls: $250.28M (24%)
Puts: $777.55M (76%)
Current vs Prior 7-Day Avg -9.04%
Calls: +11.88%
Puts: -15.77%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/27 11:10am) 1.07
Prior (07/24) 1.21
Current vs Prior -10.94%
Prior 7-Day Average 1.16
Current vs Prior 7-Day Avg -7.39%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/27 11:10am) 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 0.50% | 0.83%0.50% | 1.19%1.72% | 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 -36.73% | -19.92%+217.96% | +51.23%+994.33% | +26.97%-4.04% | -2.84%
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 -36.73% | -19.92%+217.96% | +51.23%+994.33% | +26.97%-4.04% | -2.84%
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 -36.73% | -19.92%-36.73% | -12.10%-7.60% | -5.14%-4.04% | -2.84%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 0.54% | 0.66%
Calls: 0.59% | 0.67%
Puts: 0.50% | 0.64%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -47.06% | +0.00%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -47.06% | +0.00%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 70% put dollar volume ($654.95M). Slightly bearish P/C ratio of 1.07. Put-heavy open interest (5,349,896 puts vs 2,204,257 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BEARISH
Current NEUTRAL
Prior NEUTRAL
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
11:10BEARISHNEUTRALBEARISH
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 2,448 of results (avg 2.2%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31139.64139.71$139.680.1%11.006.3K
$700.00Jul 3139.9940.06$40.030.2%200.976.6K
$690.00Aug 2153.7853.89$53.840.2%270.895.6K
$742.00Jul 314.794.80$4.800.2%3.0K0.442.5K
$739.00Aug 2113.3213.35$13.340.2%1.4K0.51441
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$732.00Aug 44.444.45$4.450.2%1870.34165
$731.00Aug 44.184.19$4.190.2%760.33223
$729.00Aug 43.703.71$3.710.3%350.29256
$738.00Jul 293.603.61$3.610.3%3.2K0.451.3K
$732.00Aug 2810.1510.18$10.160.3%440.40359

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 547 found (avg $0.37, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$747.00Jul 270.050.06$0.0616.7%122.1K0.038.1K
$751.00Jul 280.050.06$0.0616.7%4.6K0.032.6K
$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
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$728.00Jul 270.050.06$0.0616.7%15.1K0.034.4K
$717.00Jul 280.050.06$0.0616.7%1.5K0.01725
$695.00Jul 290.050.06$0.0616.7%300.011.1K
$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. 1,142 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27142.79145.59$144.191.9%21.00--
$600.00Jul 27137.81140.90$139.362.2%21.00--
$605.00Jul 27132.79135.59$134.192.1%21.00--
$610.00Jul 27127.81130.61$129.212.2%21.00--
$615.00Jul 27122.81125.61$124.212.3%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$757.00Jul 2916.6119.03$17.8213.6%51.00--
$758.00Jul 2917.6020.25$18.9314.0%231.0013
$759.00Jul 2918.5920.97$19.7812.0%81.00--
$760.00Jul 2919.5922.10$20.8512.0%71.00--
$761.00Jul 2920.5923.05$21.8211.3%21.001

Most actively traded options today. High liquidity = easy entry/exit. 2,532 active (total vol 5.2M, top 229.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.110.12$0.128.3%229.5K0.0711.6K
$744.00Jul 270.170.18$0.185.6%198.9K0.106.3K
$742.00Jul 270.480.49$0.492.0%185.4K0.237.9K
$741.00Jul 270.770.78$0.781.3%179.4K0.328.5K
$743.00Jul 270.290.30$0.303.3%173.9K0.168.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 271.992.00$2.000.5%224.3K0.5810.2K
$738.00Jul 271.111.12$1.120.9%154.8K0.386.1K
$739.00Jul 271.501.51$1.510.7%140.7K0.489.5K
$741.00Jul 272.582.61$2.601.2%138.9K0.686.8K
$737.00Jul 270.820.83$0.831.2%138.0K0.304.9K

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 220.9%, max 1098.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4211.9%17.7%1098.4%--58
$870.00Jul 27Sep 4205.3%17.2%1096.2%--529
$860.00Jul 27Aug 31191.8%17.0%1031.5%242.7K
$850.00Jul 27Aug 31178.2%15.7%1031.3%--2.8K
$840.00Jul 27Aug 31164.2%15.0%991.7%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21105.7%12.6%737.5%442
$595.00Jul 27Sep 4271.5%35.0%674.7%4261
$605.00Jul 27Aug 31252.0%34.0%640.4%53720.8K
$615.00Jul 27Aug 31232.7%32.4%617.4%--2.1K
$620.00Jul 27Sep 4223.1%31.2%614.0%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,036 found (best R:R 460.54, avg 4.82)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$770.00$775.00Aug 10$0.11$4.89$0.1144.45$770.11
$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
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$660.00$600.00Aug 5$0.13$59.87$0.13460.54$659.87
$610.00$600.00Sep 4$0.13$9.87$0.1375.92$609.87
$620.00$610.00Sep 4$0.15$9.85$0.1565.67$619.85
$640.00$635.00Aug 28$0.10$4.90$0.1049.00$639.90
$645.00$640.00Aug 28$0.10$4.90$0.1049.00$644.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,457 found (best R:R 175.47, avg 2.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$670.00$700.00Jul 29$29.83$29.83$0.17175.47$699.83
$650.00$670.00Aug 7$19.85$19.85$0.15132.33$669.85
$660.00$700.00Aug 4$39.38$39.38$0.6263.52$699.38
$615.00$625.00Aug 7$9.79$9.79$0.2146.62$624.79
$685.00$690.00Aug 7$4.89$4.89$0.1144.45$689.89
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$780.00$773.00Aug 7$6.90$6.90$0.1069.00$773.10
$770.00$760.00Jul 30$9.79$9.79$0.2146.62$760.21
$810.00$805.00Jul 28$4.85$4.85$0.1532.33$805.15
$775.00$772.00Aug 28$2.83$2.83$0.1716.65$772.17
$769.00$767.00Jul 29$1.88$1.88$0.1215.67$767.12

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 206 found (avg debit $1.54, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$799.00Jul 31Aug 21$0.0625.6%12.4%
$797.00Jul 31Aug 21$0.0724.8%12.3%
$798.00Jul 31Aug 21$0.0725.2%12.5%
$615.00Jul 27Jul 28$0.08232.7%97.2%
$749.00Jul 27Jul 28$0.0826.7%13.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$718.00Jul 27Jul 28$0.0547.8%24.1%
$719.00Jul 27Jul 28$0.0645.7%23.6%
$720.00Jul 27Jul 28$0.0743.7%23.0%
$721.00Jul 27Jul 28$0.0941.6%22.8%
$722.00Jul 27Jul 28$0.1042.1%22.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,126 found (cheapest 0.43% of stock, avg 5.21%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$739.00Jul 27$1.69$1.51$3.20$735.80$742.200.43%
$740.00Jul 27$1.17$2.00$3.17$736.83$743.170.43%
$738.00Jul 27$2.30$1.12$3.42$734.58$741.420.46%
$741.00Jul 27$0.78$2.60$3.38$737.62$744.380.46%
$742.00Jul 27$0.49$3.31$3.80$738.20$745.800.51%
$737.00Jul 27$3.01$0.83$3.84$733.16$740.840.52%
$736.00Jul 27$3.79$0.61$4.40$731.60$740.400.60%
$743.00Jul 27$0.30$4.12$4.42$738.58$747.420.60%
$735.00Jul 27$4.62$0.45$5.07$729.93$740.070.69%
$744.00Jul 27$0.18$4.99$5.17$738.83$749.170.70%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.09% of stock, avg 1.86%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$744.00$735.00Jul 27$0.18$0.45$0.63$734.37$744.63
$743.00$735.00Jul 27$0.30$0.45$0.75$734.25$743.75
$744.00$736.00Jul 27$0.18$0.61$0.79$735.21$744.79
$743.00$736.00Jul 27$0.30$0.61$0.91$735.09$743.91
$742.00$735.00Jul 27$0.49$0.45$0.94$734.06$742.94
$744.00$737.00Jul 27$0.18$0.83$1.01$735.99$745.01
$742.00$736.00Jul 27$0.49$0.61$1.10$734.90$743.10
$743.00$737.00Jul 27$0.30$0.83$1.13$735.87$744.13
$741.00$735.00Jul 27$0.78$0.45$1.23$733.77$742.23
$742.00$737.00Jul 27$0.49$0.83$1.32$735.68$743.32

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 475 found (best R:R 28.41, avg credit $3.16)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
700/705710/715Aug 10$4.83$0.1728.41$700.17$714.83
635/640650/665Aug 28$14.43$0.5725.32$625.57$664.43
640/645650/665Aug 28$14.43$0.5725.32$630.57$664.43
665/670675/685Sep 4$9.52$0.4819.83$660.48$684.52
695/700710/715Aug 10$4.75$0.2519.00$695.25$714.75
665/670685/695Sep 4$9.50$0.5019.00$660.50$694.50
660/665675/685Sep 4$9.49$0.5118.61$655.51$684.49
675/680685/698Aug 28$12.32$0.6818.12$667.68$697.32
660/665685/695Sep 4$9.47$0.5317.87$655.53$694.47
655/660675/685Sep 4$9.45$0.5517.18$650.55$684.45

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 247 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$695.00$700.00$705.00Sep 4$0.06$4.9482.33
$785.00$790.00$795.00Aug 28$0.07$4.9370.43
$640.00$645.00$650.00Aug 21$0.08$4.9261.50
$700.00$705.00$710.00Sep 4$0.08$4.9261.50
$610.00$615.00$620.00Jul 31$0.10$4.9049.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$680.00$685.00$690.00Aug 14$0.05$4.9599.00
$690.00$695.00$700.00Aug 6$0.06$4.9482.33
$680.00$685.00$690.00Aug 28$0.06$4.9482.33
$695.00$700.00$705.00Aug 10$0.08$4.9261.50
$700.00$705.00$710.00Aug 10$0.10$4.9049.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 911 found (best net $-1.40, 904 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$1.40$38.60
$790.00$820.001:2Aug 6$0.00$30.00
$670.00$700.001:2Jul 29-$9.75$20.25
$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-$0.07$19.93
$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-$0.08$14.92
$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. 396 found (best yield 2.22%, avg 0.53%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$740.00Sep 4$16.400.500.1%2.22%2.33%25679
$741.00Sep 4$15.760.490.2%2.13%2.38%1578
$742.00Sep 4$15.130.480.4%2.05%2.43%245173
$740.00Aug 31$15.020.500.1%2.03%2.14%5842.3K
$740.00Aug 28$14.620.500.1%1.98%2.09%1811.2K
$743.00Sep 4$14.510.480.5%1.96%2.48%1533
$741.00Aug 31$14.390.490.2%1.95%2.19%75273
$741.00Aug 28$13.990.490.2%1.89%2.14%95175
$744.00Sep 4$13.900.470.7%1.88%2.53%4220
$742.00Aug 31$13.760.470.4%1.86%2.24%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 2,518,156
Total Puts 2,705,144
Put/Call Ratio 1.07
Net Difference -186,988

Prior's Put/Call Breakdown

Total Calls 1,941,524
Total Puts 2,341,936
Put/Call Ratio 1.21
Net Difference -400,412

Prior 7-Day Put/Call Summary

Total Calls 18,334,690
Total Puts 21,562,079
Average Put/Call Ratio 1.16
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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