Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$738.22 -0.10%
7/27 11:25

Option Volume

Detail
Current (07/27 11:25am) 5,859,939
Calls: 2,777,724 (47%)
Puts: 3,082,215 (53%)
Prior (07/24) 5,095,225
Calls: 2,368,969 (46%)
Puts: 2,726,256 (54%)
Current vs Prior +15.01%
Calls: +17.25% (Calls)
Puts: +13.06% (Puts)
Prior 7-Day Total 43,748,123
Calls: 20,484,418 (47%)
Puts: 23,263,705 (53%)
Prior 7-Day Average 6,249,731
Calls: 2,926,345 (47%)
Puts: 3,323,386 (53%)
Current vs Prior 7-Day Avg -6.24%
Calls: -5.08%
Puts: -7.26%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 11:25am) $1.17B
Calls: $269.12M (23%)
Puts: $905.34M (77%)
Prior (07/24) $883.93M
Calls: $679.63M (77%)
Puts: $204.30M (23%)
Current vs Prior +32.87%
Calls: -60.40%
Puts: +343.15%
Prior 7-Day Total $7.24B
Calls: $2.10B (29%)
Puts: $5.14B (71%)
Prior 7-Day Average $1.03B
Calls: $300.02M (29%)
Puts: $734.68M (71%)
Current vs Prior 7-Day Avg +13.51%
Calls: -10.30%
Puts: +23.23%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 11:25am) 1.11
Prior (07/24) 1.15
Current vs Prior -3.58%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg -0.43%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 11:25am) 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 0.51% | 0.87%0.51% | 1.24%1.77% | 2.42%3.40% | 4.92%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -34.93% | -15.49%+227.01% | +57.44%+1028.60% | +30.19%-2.16% | -1.79%
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 -34.93% | -15.49%+227.01% | +57.44%+1028.60% | +30.19%-2.16% | -1.79%
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 -34.93% | -15.49%-34.93% | -8.49%-4.71% | -2.73%-2.16% | -1.79%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.78% | 0.77%
Calls: 0.57% | 0.63%
Puts: 0.99% | 0.91%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -23.53% | +16.67%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -23.53% | +16.67%
Liquidity Excellent
+
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🤖 AI Insights

Strong bearish conviction with 77% of dollar volume in puts ($905.34M) vs calls ($269.12M). Slightly bearish P/C ratio of 1.11. 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 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
11:25BEARISHBEARISHBEARISH
11:20BEARISHNEUTRALBEARISH
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 2,430 of results (avg 2.3%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31138.67138.76$138.710.1%11.006.3K
$700.00Jul 3139.0839.16$39.120.2%220.966.6K
$737.00Aug 58.928.94$8.930.2%320.5375
$739.00Aug 68.148.16$8.150.2%290.4951
$747.00Aug 53.623.63$3.630.3%1870.3288
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$743.00Aug 2814.5014.54$14.520.3%140.54366
$731.00Aug 3110.6410.67$10.660.3%1670.41978
$740.00Aug 2813.3013.34$13.320.3%3980.511.7K
$712.00Aug 286.216.23$6.220.3%70.2586
$732.00Aug 219.229.25$9.240.3%1080.412.7K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 536 found (avg $0.37, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$746.00Jul 270.050.06$0.0616.7%158.3K0.036.2K
$760.00Jul 300.050.06$0.0616.7%9850.023.2K
$764.00Jul 310.050.06$0.0616.7%3970.013.7K
$766.00Aug 30.050.06$0.0616.7%2780.0168
$768.00Aug 40.050.06$0.0616.7%1420.01120
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$727.00Jul 270.050.06$0.0616.7%7.8K0.034.6K
$714.00Jul 280.050.06$0.0616.7%6960.01884
$695.00Jul 290.050.06$0.0616.7%300.011.1K
$670.00Jul 300.050.06$0.0616.7%--0.0122
$647.00Jul 310.050.06$0.0616.7%--0.01435

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,144 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27141.87144.68$143.282.0%21.00--
$600.00Jul 27136.58140.05$138.322.5%21.00--
$605.00Jul 27131.87134.68$133.282.1%21.00--
$610.00Jul 27126.87129.68$128.282.2%21.00--
$615.00Jul 27121.87124.68$123.282.3%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$751.00Jul 2811.6513.04$12.3511.3%231.007
$752.00Jul 2812.6413.93$13.299.7%791.004
$753.00Jul 2813.4615.29$14.3812.7%31.001
$755.00Jul 2815.4818.46$16.9717.6%181.001
$756.00Jul 2816.4519.44$17.9516.7%571.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,552 active (total vol 5.9M, top 247.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.070.08$0.0812.5%247.8K0.0511.6K
$744.00Jul 270.120.13$0.137.7%213.1K0.076.3K
$742.00Jul 270.330.34$0.342.9%209.4K0.177.9K
$741.00Jul 270.540.55$0.551.8%209.0K0.248.5K
$743.00Jul 270.200.21$0.214.8%197.1K0.118.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 272.612.64$2.631.1%237.9K0.6710.2K
$738.00Jul 271.541.55$1.550.6%194.8K0.476.1K
$739.00Jul 272.022.04$2.031.0%169.3K0.579.5K
$737.00Jul 271.141.16$1.151.7%161.2K0.384.9K
$741.00Jul 273.313.34$3.330.9%143.0K0.766.8K

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 227.0%, max 1128.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4218.9%17.8%1128.9%--58
$870.00Jul 27Sep 4212.1%17.3%1127.5%--529
$860.00Jul 27Aug 31198.3%17.1%1060.6%242.7K
$850.00Jul 27Aug 31184.3%15.9%1060.1%--2.8K
$840.00Jul 27Aug 31170.0%15.2%1019.9%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21110.0%12.8%759.3%1442
$595.00Jul 27Sep 4277.0%35.1%688.6%4261
$605.00Jul 27Aug 31256.9%34.1%654.0%53720.8K
$615.00Jul 27Aug 31237.1%32.5%629.6%--2.1K
$620.00Jul 27Sep 4227.3%31.3%625.9%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,052 found (best R:R 427.57, avg 4.76)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$790.00$795.00Aug 28$0.10$4.90$0.1049.00$790.10
$785.00$790.00Aug 28$0.18$4.82$0.1826.78$785.18
$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
$758.00$759.00Aug 4$0.10$0.90$0.109.00$758.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$660.00$600.00Aug 5$0.14$59.86$0.14427.57$659.86
$610.00$600.00Sep 4$0.14$9.86$0.1470.43$609.86
$620.00$610.00Sep 4$0.16$9.84$0.1661.50$619.84
$690.00$685.00Aug 5$0.10$4.90$0.1049.00$689.90
$640.00$635.00Aug 28$0.10$4.90$0.1049.00$639.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,480 found (best R:R 137.89, avg 2.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$625.00$650.00Aug 7$24.82$24.82$0.18137.89$649.82
$600.00$615.00Jul 28$14.85$14.85$0.1599.00$614.85
$635.00$655.00Aug 14$19.75$19.75$0.2579.00$654.75
$660.00$700.00Aug 4$39.34$39.34$0.6659.61$699.34
$700.00$709.00Jul 28$8.84$8.84$0.1655.25$708.84
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$780.00$775.00Aug 21$4.86$4.86$0.1434.71$775.14
$775.00$772.00Aug 28$2.90$2.90$0.1029.00$772.10
$770.00$760.00Jul 30$9.64$9.64$0.3626.78$760.36
$825.00$820.00Jul 28$4.81$4.81$0.1925.32$820.19
$769.00$767.00Aug 31$1.90$1.90$0.1019.00$767.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 220 found (avg debit $1.49, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$600.00Jul 27Jul 28$0.05266.9%109.1%
$799.00Jul 31Aug 21$0.0526.0%12.4%
$726.00Jul 27Jul 28$0.0635.0%21.9%
$797.00Jul 31Aug 21$0.0625.3%12.3%
$798.00Jul 31Aug 21$0.0625.6%12.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$715.00Jul 27Jul 28$0.0553.4%26.2%
$716.00Jul 27Jul 28$0.0551.3%25.3%
$717.00Jul 27Jul 28$0.0649.2%24.8%
$774.00Jul 27Jul 28$0.0667.8%27.7%
$785.00Jul 27Jul 28$0.0786.0%35.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,127 found (cheapest 0.44% of stock, avg 5.21%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$739.00Jul 27$1.25$2.03$3.28$735.72$742.280.44%
$738.00Jul 27$1.76$1.55$3.31$734.69$741.310.45%
$740.00Jul 27$0.84$2.63$3.47$736.53$743.470.47%
$737.00Jul 27$2.36$1.15$3.51$733.49$740.510.48%
$736.00Jul 27$3.06$0.85$3.91$732.09$739.910.53%
$741.00Jul 27$0.55$3.33$3.88$737.12$744.880.53%
$742.00Jul 27$0.34$4.12$4.46$737.54$746.460.60%
$735.00Jul 27$3.84$0.63$4.47$730.53$739.470.61%
$734.00Jul 27$4.67$0.45$5.12$728.88$739.120.69%
$743.00Jul 27$0.21$4.99$5.20$737.80$748.200.70%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.09% of stock, avg 1.91%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$743.00$734.00Jul 27$0.21$0.45$0.66$733.34$743.66
$742.00$734.00Jul 27$0.34$0.45$0.79$733.21$742.79
$743.00$735.00Jul 27$0.21$0.63$0.84$734.16$743.84
$742.00$735.00Jul 27$0.34$0.63$0.97$734.03$742.97
$741.00$734.00Jul 27$0.55$0.45$1.00$733.00$742.00
$743.00$736.00Jul 27$0.21$0.85$1.06$734.94$744.06
$741.00$735.00Jul 27$0.55$0.63$1.18$733.82$742.18
$742.00$736.00Jul 27$0.34$0.85$1.19$734.81$743.19
$740.00$734.00Jul 27$0.84$0.45$1.29$732.71$741.29
$743.00$737.00Jul 27$0.21$1.15$1.36$735.64$744.36

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 507 found (best R:R 54.56, avg credit $3.10)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
640/645650/665Aug 28$14.73$0.2754.56$630.27$664.73
635/640650/665Aug 28$14.72$0.2852.57$625.28$664.72
670/675680/685Aug 14$4.88$0.1240.67$670.12$684.88
665/670680/685Aug 14$4.87$0.1337.46$665.13$684.87
655/660665/670Aug 28$4.86$0.1434.71$655.14$669.86
650/655665/670Aug 28$4.84$0.1630.25$650.16$669.84
645/650665/670Aug 28$4.82$0.1826.78$645.18$669.82
700/705710/715Aug 10$4.80$0.2024.00$700.20$714.80
640/645665/670Aug 28$4.80$0.2024.00$640.20$669.80
635/640665/670Aug 28$4.79$0.2122.81$635.21$669.79

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 279 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$685.00$690.00$695.00Aug 3$0.06$4.9482.33
$635.00$640.00$645.00Aug 21$0.06$4.9482.33
$785.00$790.00$795.00Aug 28$0.08$4.9261.50
$600.00$605.00$610.00Aug 21$0.12$4.8840.67
$710.00$715.00$720.00Sep 4$0.12$4.8840.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 3$0.05$4.9599.00
$685.00$690.00$695.00Aug 6$0.05$4.9599.00
$685.00$690.00$695.00Aug 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. 901 found (best net $-0.39, 895 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$0.39$39.61
$790.00$820.001:2Aug 6$0.00$30.00
$670.00$700.001:2Jul 29-$8.32$21.68
$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-$0.04$14.96
$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. 402 found (best yield 2.25%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$739.00Sep 4$16.600.510.1%2.25%2.35%14365
$740.00Sep 4$15.960.490.2%2.16%2.40%25679
$741.00Sep 4$15.330.480.4%2.08%2.45%1578
$739.00Aug 31$15.220.500.1%2.06%2.17%1251.0K
$739.00Aug 28$14.820.500.1%2.01%2.11%24212
$742.00Sep 4$14.710.480.5%1.99%2.50%245173
$740.00Aug 31$14.590.490.2%1.98%2.22%5972.3K
$740.00Aug 28$14.200.490.2%1.92%2.16%1821.2K
$743.00Sep 4$14.100.470.7%1.91%2.56%1533
$741.00Aug 31$13.960.480.4%1.89%2.27%213273

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 2,777,724
Total Puts 3,082,215
Put/Call Ratio 1.11
Net Difference -304,491

Prior's Put/Call Breakdown

Total Calls 2,368,969
Total Puts 2,726,256
Put/Call Ratio 1.15
Net Difference -357,287

Prior 7-Day Put/Call Summary

Total Calls 20,484,418
Total Puts 23,263,705
Average Put/Call Ratio 1.11
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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