Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$739.18 +0.03%
7/27 11:15

Option Volume

Detail
Current (07/27 11:15am) 5,372,090
Calls: 2,594,565 (48%)
Puts: 2,777,525 (52%)
Prior (07/24) 4,754,713
Calls: 2,204,903 (46%)
Puts: 2,549,810 (54%)
Current vs Prior +12.98%
Calls: +17.67% (Calls)
Puts: +8.93% (Puts)
Prior 7-Day Total 41,264,982
Calls: 19,084,564 (46%)
Puts: 22,180,418 (54%)
Prior 7-Day Average 5,894,997
Calls: 2,726,366 (46%)
Puts: 3,168,631 (54%)
Current vs Prior 7-Day Avg -8.87%
Calls: -4.83%
Puts: -12.34%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 11:15am) $951.72M
Calls: $290.33M (31%)
Puts: $661.38M (69%)
Prior (07/24) $782.72M
Calls: $583.98M (75%)
Puts: $198.74M (25%)
Current vs Prior +21.59%
Calls: -50.28%
Puts: +232.78%
Prior 7-Day Total $7.25B
Calls: $1.87B (26%)
Puts: $5.38B (74%)
Prior 7-Day Average $1.04B
Calls: $267.73M (26%)
Puts: $767.92M (74%)
Current vs Prior 7-Day Avg -8.10%
Calls: +8.44%
Puts: -13.87%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 11:15am) 1.07
Prior (07/24) 1.16
Current vs Prior -7.43%
Prior 7-Day Average 1.14
Current vs Prior 7-Day Avg -6.50%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 11:15am) 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 0.50% | 0.83%0.50% | 1.19%1.71% | 2.36%3.34% | 4.86%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -37.24% | -20.18%+215.35% | +50.37%+990.89% | +26.75%-4.08% | -2.92%
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 -37.24% | -20.18%+215.35% | +50.37%+990.89% | +26.75%-4.08% | -2.92%
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 -37.24% | -20.18%-37.25% | -12.60%-7.89% | -5.30%-4.08% | -2.92%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.55% | 0.48%
Calls: 0.59% | 0.33%
Puts: 0.51% | 0.64%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -46.08% | -27.27%
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% | -27.27%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 69% put dollar volume ($661.38M). 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 NEUTRAL
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
11:15BEARISHNEUTRALBEARISH
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 2,411 of results (avg 2.2%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31139.66139.73$139.700.1%11.006.3K
$700.00Jul 3140.0140.08$40.050.2%200.976.6K
$690.00Aug 2153.8053.92$53.860.2%270.895.6K
$741.00Aug 2112.0412.07$12.060.2%9850.482.4K
$741.00Sep 415.7515.79$15.770.3%150.4978
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$741.00Aug 3113.3913.43$13.410.3%1290.511.1K
$725.00Aug 53.233.24$3.240.3%4920.25232
$744.00Aug 2112.9112.95$12.930.3%2.7K0.553.0K
$747.00Aug 3115.8915.94$15.920.3%40.584.5K
$746.00Aug 3115.4415.49$15.470.3%2180.561.7K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 546 found (avg $0.37, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$747.00Jul 270.050.06$0.0616.7%123.8K0.038.1K
$751.00Jul 280.050.06$0.0616.7%4.6K0.032.6K
$756.00Jul 290.050.06$0.0616.7%3250.02955
$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%16.1K0.034.4K
$717.00Jul 280.050.06$0.0616.7%1.5K0.01725
$675.00Jul 300.050.06$0.0616.7%20.012.1K
$652.00Jul 310.050.06$0.0616.7%--0.01893
$653.00Jul 310.050.06$0.0616.7%290.01382

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,143 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27142.79145.60$144.201.9%21.00--
$600.00Jul 27137.81140.97$139.392.3%21.00--
$605.00Jul 27132.79135.60$134.202.1%21.00--
$610.00Jul 27127.81130.60$129.202.2%21.00--
$615.00Jul 27122.81125.60$124.212.2%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$752.00Jul 2811.5412.96$12.2511.6%791.004
$753.00Jul 2812.5315.25$13.8919.6%31.001
$755.00Jul 2814.5217.25$15.8917.2%171.001
$756.00Jul 2815.5218.22$16.8716.0%571.00--
$757.00Jul 2816.5219.25$17.8815.3%861.001

Most actively traded options today. High liquidity = easy entry/exit. 2,542 active (total vol 5.4M, top 236.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.100.11$0.119.1%236.2K0.0611.6K
$744.00Jul 270.170.18$0.185.6%203.1K0.106.3K
$742.00Jul 270.470.48$0.482.1%193.3K0.227.9K
$741.00Jul 270.760.77$0.771.3%187.8K0.318.5K
$743.00Jul 270.280.29$0.293.4%179.0K0.158.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 271.961.97$1.970.5%229.7K0.5910.2K
$738.00Jul 271.091.10$1.100.9%164.6K0.396.1K
$739.00Jul 271.471.49$1.481.4%150.3K0.499.5K
$737.00Jul 270.790.80$0.801.3%142.3K0.314.9K
$741.00Jul 272.552.58$2.571.2%140.1K0.696.8K

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 222.9%, max 1108.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4213.9%17.7%1108.7%--58
$870.00Jul 27Sep 4207.2%17.2%1106.5%--529
$860.00Jul 27Aug 31193.6%17.0%1041.4%242.7K
$850.00Jul 27Aug 31179.8%15.8%1040.9%--2.8K
$840.00Jul 27Aug 31165.8%15.1%1001.1%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21106.7%12.6%745.0%442
$595.00Jul 27Sep 4273.6%35.1%679.4%4261
$605.00Jul 27Aug 31253.9%34.0%646.4%53720.8K
$615.00Jul 27Aug 31234.5%32.4%622.6%--2.1K
$620.00Jul 27Sep 4224.8%31.3%618.6%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,045 found (best R:R 460.54, avg 4.79)

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
$765.00$770.00Aug 10$0.28$4.72$0.2816.86$765.28
$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$0.13$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. 1,455 found (best R:R 116.65, avg 2.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$635.00$655.00Aug 14$19.83$19.83$0.17116.65$654.83
$660.00$700.00Aug 4$39.41$39.41$0.5966.80$699.41
$690.00$700.00Jul 28$9.84$9.84$0.1661.50$699.84
$660.00$670.00Jul 29$9.84$9.84$0.1661.50$669.84
$650.00$670.00Aug 7$19.67$19.67$0.3359.61$669.67
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$770.00$760.00Jul 30$9.75$9.75$0.2539.00$760.25
$825.00$820.00Jul 28$4.86$4.86$0.1434.71$820.14
$810.00$805.00Jul 27$4.78$4.78$0.2221.73$805.22
$774.00$772.00Aug 21$1.89$1.89$0.1117.18$772.11
$772.00$770.00Aug 21$1.87$1.87$0.1314.38$770.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 218 found (avg debit $1.46, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$750.00Jul 27Jul 28$0.0628.0%14.1%
$798.00Jul 31Aug 21$0.0625.3%12.3%
$799.00Jul 31Aug 21$0.0625.6%12.5%
$796.00Jul 31Aug 21$0.0724.5%12.1%
$797.00Jul 31Aug 21$0.0724.9%12.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$718.00Jul 27Jul 28$0.0548.0%24.0%
$719.00Jul 27Jul 28$0.0645.9%23.5%
$792.00Jul 27Jul 28$0.0694.3%39.1%
$810.00Jul 27Jul 28$0.06122.0%50.5%
$720.00Jul 27Jul 28$0.0743.9%23.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,126 found (cheapest 0.42% of stock, avg 5.21%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$740.00Jul 27$1.17$1.97$3.14$736.86$743.140.42%
$739.00Jul 27$1.69$1.48$3.17$735.83$742.170.43%
$741.00Jul 27$0.77$2.57$3.34$737.66$744.340.45%
$738.00Jul 27$2.29$1.10$3.39$734.61$741.390.46%
$737.00Jul 27$3.00$0.80$3.80$733.20$740.800.51%
$742.00Jul 27$0.48$3.28$3.76$738.24$745.760.51%
$736.00Jul 27$3.78$0.57$4.35$731.65$740.350.59%
$743.00Jul 27$0.29$4.09$4.38$738.62$747.380.59%
$735.00Jul 27$4.63$0.42$5.05$729.95$740.050.68%
$744.00Jul 27$0.18$4.97$5.15$738.85$749.150.70%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.08% of stock, avg 1.86%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$744.00$735.00Jul 27$0.18$0.42$0.60$734.40$744.60
$743.00$735.00Jul 27$0.29$0.42$0.71$734.29$743.71
$744.00$736.00Jul 27$0.18$0.57$0.75$735.25$744.75
$742.00$735.00Jul 27$0.48$0.42$0.90$734.10$742.90
$743.00$736.00Jul 27$0.29$0.57$0.86$735.14$743.86
$744.00$737.00Jul 27$0.18$0.80$0.98$736.02$744.98
$742.00$736.00Jul 27$0.48$0.57$1.05$734.95$743.05
$743.00$737.00Jul 27$0.29$0.80$1.09$735.91$744.09
$741.00$735.00Jul 27$0.77$0.42$1.19$733.81$742.19
$742.00$737.00Jul 27$0.48$0.80$1.28$735.72$743.28

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 468 found (best R:R 40.67, avg credit $3.09)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
675/680685/690Aug 14$4.88$0.1240.67$675.12$689.88
680/685690/697Aug 14$6.81$0.1935.84$678.19$696.81
670/675685/690Aug 14$4.85$0.1532.33$670.15$689.85
665/670685/690Aug 14$4.84$0.1630.25$665.16$689.84
675/680690/697Aug 14$6.77$0.2329.43$673.23$696.77
670/675690/697Aug 14$6.74$0.2625.92$668.26$696.74
665/670690/697Aug 14$6.73$0.2724.93$663.27$696.73
635/640650/665Aug 28$14.39$0.6123.59$625.61$664.39
640/645650/665Aug 28$14.39$0.6123.59$630.61$664.39
665/670675/685Sep 4$9.52$0.4819.83$660.48$684.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 261 found (best R:R 165.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$605.00$615.00$625.00Aug 7$0.06$9.94165.67
$680.00$685.00$690.00Aug 3$0.07$4.9370.43
$595.00$600.00$605.00Aug 21$0.07$4.9370.43
$785.00$790.00$795.00Aug 28$0.07$4.9370.43
$680.00$685.00$690.00Aug 14$0.08$4.9261.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$680.00$685.00$690.00Aug 14$0.05$4.9599.00
$690.00$695.00$700.00Aug 10$0.06$4.9482.33
$680.00$685.00$690.00Sep 4$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. 915 found (best net $-1.37, 909 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$1.37$38.63
$790.00$820.001:2Aug 6$0.00$30.00
$670.00$700.001:2Jul 29-$9.65$20.35
$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-$0.09$19.91
$655.00$640.001:2Jul 28-$0.01$14.99
$640.00$625.001:2Aug 3-$0.03$14.97
$605.00$595.001:2Jul 27-$0.01$9.99
$615.00$605.001:2Jul 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. 393 found (best yield 2.22%, avg 0.54%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$740.00Sep 4$16.390.500.1%2.22%2.33%25679
$741.00Sep 4$15.750.490.2%2.13%2.38%1578
$742.00Sep 4$15.120.480.4%2.05%2.43%245173
$740.00Aug 31$15.010.500.1%2.03%2.14%5912.3K
$740.00Aug 28$14.610.500.1%1.98%2.09%1811.2K
$743.00Sep 4$14.500.480.5%1.96%2.48%1533
$741.00Aug 31$14.380.490.2%1.95%2.19%212273
$741.00Aug 28$13.980.490.2%1.89%2.14%95175
$744.00Sep 4$13.890.470.7%1.88%2.53%4220
$742.00Aug 31$13.750.480.4%1.86%2.24%59353

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 2,594,565
Total Puts 2,777,525
Put/Call Ratio 1.07
Net Difference -182,960

Prior's Put/Call Breakdown

Total Calls 2,204,903
Total Puts 2,549,810
Put/Call Ratio 1.16
Net Difference -344,907

Prior 7-Day Put/Call Summary

Total Calls 19,084,564
Total Puts 22,180,418
Average Put/Call Ratio 1.14
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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