Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$738.08 -0.12%
(7/27 11:25) ◀
|
Monday, July 27, 2026 (11:30am)
January 2026
|
▶ (7/27 11:35)
◀ 7/27 11:30 ▶

Option Volume

Detail
ℹ
Current (07/27 11:30am) 6,004,945
Calls: 2,837,684 (47%)
Puts: 3,167,261 (53%)
Prior (07/24) 5,095,225
Calls: 2,368,969 (46%)
Puts: 2,726,256 (54%)
Current vs Prior +17.85%
Calls: +19.79% (Calls)
Puts: +16.18% (Puts)
Prior 7-Day Total 45,013,973
Calls: 21,118,419 (47%)
Puts: 23,895,554 (53%)
Prior 7-Day Average 6,430,567
Calls: 3,016,917 (47%)
Puts: 3,413,650 (53%)
Current vs Prior 7-Day Avg -6.62%
Calls: -5.94%
Puts: -7.22%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/27 11:30am) $1.20B
Calls: $264.95M (22%)
Puts: $930.70M (78%)
Prior (07/24) $883.93M
Calls: $679.63M (77%)
Puts: $204.30M (23%)
Current vs Prior +35.27%
Calls: -61.02%
Puts: +355.56%
Prior 7-Day Total $7.48B
Calls: $2.15B (29%)
Puts: $5.34B (71%)
Prior 7-Day Average $1.07B
Calls: $306.59M (29%)
Puts: $762.24M (71%)
Current vs Prior 7-Day Avg +11.87%
Calls: -13.58%
Puts: +22.10%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/27 11:30am) 1.12
Prior (07/24) 1.15
Current vs Prior -3.01%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg +0.58%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/27 11:30am) 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% | 0.87%0.50% | 1.23%1.76% | 2.41%3.40% | 4.91%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -36.81% | -16.26%+217.58% | +56.26%+1021.85% | +29.77%-2.38% | -1.94%
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 -36.81% | -16.26%+217.58% | +56.26%+1021.85% | +29.77%-2.38% | -1.94%
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 -36.81% | -16.26%-36.81% | -9.17%-5.28% | -3.04%-2.38% | -1.94%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 0.79% | 0.78%
Calls: 0.61% | 0.97%
Puts: 0.98% | 0.60%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -22.55% | +18.18%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -22.55% | +18.18%
Liquidity Excellent
+
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🤖 AI Insights

Strong bearish conviction with 78% of dollar volume in puts ($930.70M) vs calls ($264.95M). Slightly bearish P/C ratio of 1.12. 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
11:30BEARISHBEARISHBEARISH
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 2,457 of results (avg 2.2%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31138.55138.62$138.590.1%11.006.3K
$700.00Jul 3138.9539.02$38.990.2%220.966.6K
$690.00Aug 2152.8752.98$52.930.2%270.885.6K
$700.00Aug 2143.7543.86$43.810.3%250.847.6K
$740.00Aug 3114.5114.55$14.530.3%6070.492.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$729.00Sep 410.9911.00$11.000.1%160.3975
$734.00Sep 412.4612.48$12.470.2%100.4418
$733.00Sep 412.1512.17$12.160.2%750.439
$732.00Sep 411.8411.86$11.850.2%630.4227
$731.00Sep 411.5511.57$11.560.2%430.413

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 537 found (avg $0.36, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$746.00Jul 270.050.06$0.0616.7%158.7K0.036.2K
$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
$715.00Jul 280.050.06$0.0616.7%1.5K0.013.8K
$695.00Jul 290.050.06$0.0616.7%300.011.1K
$670.00Jul 300.050.06$0.0616.7%--0.0122

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 27141.66144.47$143.072.0%21.00--
$600.00Jul 27136.58139.83$138.212.4%21.00--
$605.00Jul 27131.66134.47$133.072.1%21.00--
$610.00Jul 27126.66129.47$128.072.2%21.00--
$615.00Jul 27121.66124.47$123.072.3%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$751.00Jul 2811.8213.18$12.5010.9%231.007
$752.00Jul 2812.8214.03$13.439.0%791.004
$753.00Jul 2813.5116.33$14.9218.9%31.001
$755.00Jul 2815.5318.35$16.9416.6%181.001
$756.00Jul 2816.5219.35$17.9415.8%571.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,557 active (total vol 6.0M, top 249.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.070.08$0.0812.5%249.6K0.0411.6K
$741.00Jul 270.470.48$0.482.1%220.7K0.228.5K
$744.00Jul 270.110.12$0.128.3%216.3K0.076.3K
$742.00Jul 270.290.30$0.303.3%213.8K0.157.9K
$743.00Jul 270.180.19$0.195.3%202.7K0.108.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 272.652.68$2.671.1%239.5K0.6910.2K
$738.00Jul 271.531.55$1.541.3%206.1K0.496.1K
$739.00Jul 272.042.06$2.051.0%175.3K0.609.5K
$737.00Jul 271.141.15$1.150.9%166.8K0.404.9K
$735.00Jul 270.610.62$0.621.6%146.8K0.247.6K

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 229.0%, max 1142.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4221.2%17.8%1142.2%--58
$870.00Jul 27Sep 4214.3%17.3%1138.6%--529
$860.00Jul 27Aug 31200.4%17.1%1070.8%242.7K
$850.00Jul 27Aug 31186.3%16.0%1067.0%--2.8K
$840.00Jul 27Aug 31171.9%15.2%1029.6%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21111.3%12.8%766.9%1442
$595.00Jul 27Sep 4279.1%35.1%695.2%4261
$605.00Jul 27Aug 31258.8%34.0%660.4%53720.8K
$615.00Jul 27Aug 31238.8%32.5%635.1%--2.1K
$620.00Jul 27Sep 4228.9%31.3%631.9%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,076 found (best R:R 427.57, avg 4.83)

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$0.17$4.83$0.1728.41$785.17
$765.00$770.00Aug 10$0.26$4.74$0.2618.23$765.26
$746.00$747.00Jul 28$0.10$0.90$0.109.00$746.10
$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
$660.00$640.00Aug 6$0.10$19.90$0.10199.00$659.90
$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

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,474 found (best R:R 362.64, avg 2.69)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$615.00$655.00Jul 28$39.89$39.89$0.11362.64$654.89
$625.00$650.00Aug 7$24.86$24.86$0.14177.57$649.86
$670.00$700.00Jul 29$29.81$29.81$0.19156.89$699.81
$635.00$655.00Aug 14$19.74$19.74$0.2675.92$654.74
$660.00$700.00Aug 4$39.38$39.38$0.6263.52$699.38
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$830.00$825.00Jul 28$4.90$4.90$0.1049.00$825.10
$770.00$760.00Jul 30$9.80$9.80$0.2049.00$760.20
$810.00$805.00Jul 28$4.88$4.88$0.1240.67$805.12
$780.00$775.00Aug 21$4.75$4.75$0.2519.00$775.25
$765.00$763.00Aug 7$1.88$1.88$0.1215.67$763.12

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 214 found (avg debit $1.49, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$799.00Jul 31Aug 21$0.0526.1%12.4%
$797.00Jul 31Aug 21$0.0625.4%12.3%
$798.00Jul 31Aug 21$0.0625.7%12.5%
$749.00Jul 27Jul 28$0.0728.9%14.5%
$796.00Jul 31Aug 21$0.0725.0%12.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$716.00Jul 27Jul 28$0.0551.3%25.1%
$717.00Jul 27Jul 28$0.0649.2%24.6%
$755.00Jul 27Jul 28$0.0639.6%17.1%
$783.00Jul 27Jul 28$0.0683.9%34.0%
$789.00Jul 27Jul 28$0.0693.7%38.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,127 found (cheapest 0.43% of stock, avg 5.20%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$738.00Jul 27$1.63$1.54$3.17$734.83$741.170.43%
$739.00Jul 27$1.15$2.05$3.20$735.80$742.200.43%
$737.00Jul 27$2.24$1.15$3.39$733.61$740.390.46%
$740.00Jul 27$0.76$2.67$3.43$736.57$743.430.46%
$736.00Jul 27$2.93$0.85$3.78$732.22$739.780.51%
$741.00Jul 27$0.48$3.39$3.87$737.13$744.870.52%
$735.00Jul 27$3.70$0.62$4.32$730.68$739.320.59%
$742.00Jul 27$0.30$4.20$4.50$737.50$746.500.61%
$734.00Jul 27$4.53$0.44$4.97$729.03$738.970.67%
$743.00Jul 27$0.19$5.09$5.28$737.72$748.280.72%

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$0.19$0.44$0.63$733.37$743.63
$742.00$734.00Jul 27$0.30$0.44$0.74$733.26$742.74
$743.00$735.00Jul 27$0.19$0.62$0.81$734.19$743.81
$741.00$734.00Jul 27$0.48$0.44$0.92$733.08$741.92
$742.00$735.00Jul 27$0.30$0.62$0.92$734.08$742.92
$743.00$736.00Jul 27$0.19$0.85$1.04$734.96$744.04
$741.00$735.00Jul 27$0.48$0.62$1.10$733.90$742.10
$740.00$734.00Jul 27$0.76$0.44$1.20$732.80$741.20
$742.00$736.00Jul 27$0.30$0.85$1.15$734.85$743.15
$741.00$736.00Jul 27$0.48$0.85$1.33$734.67$742.33

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 500 found (best R:R 106.14, avg credit $3.06)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
660/665670/685Aug 28$14.86$0.14106.14$650.14$684.86
655/660670/685Aug 28$14.85$0.1599.00$645.15$684.85
650/655670/685Aug 28$14.81$0.1977.95$640.19$684.81
645/650670/685Aug 28$14.80$0.2074.00$635.20$684.80
640/645670/685Aug 28$14.79$0.2170.43$630.21$684.79
635/640670/685Aug 28$14.77$0.2364.22$625.23$684.77
645/650710/715Sep 4$4.90$0.1049.00$645.10$714.90
670/675680/685Aug 14$4.89$0.1144.45$670.11$684.89
670/675685/690Aug 14$4.89$0.1144.45$670.11$689.89
640/645710/715Sep 4$4.87$0.1337.46$640.13$714.87

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 233 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$785.00$790.00$795.00Aug 28$0.07$4.9370.43
$600.00$605.00$610.00Aug 21$0.08$4.9261.50
$630.00$635.00$640.00Aug 21$0.09$4.9154.56
$640.00$645.00$650.00Aug 21$0.09$4.9154.56
$690.00$695.00$700.00Aug 3$0.11$4.8944.45
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 3$0.05$4.9599.00
$690.00$695.00$700.00Aug 5$0.05$4.9599.00
$670.00$675.00$680.00Sep 4$0.05$4.9599.00
$680.00$685.00$690.00Aug 6$0.06$4.9482.33
$690.00$695.00$700.00Aug 6$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. 905 found (best net $-0.15, 899 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$0.15$39.85
$790.00$820.001:2Aug 6$0.00$30.00
$670.00$700.001:2Jul 29-$8.70$21.30
$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-$0.05$14.95
$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 2.24%, avg 0.54%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$739.00Sep 4$16.510.500.1%2.24%2.36%14365
$740.00Sep 4$15.870.490.3%2.15%2.41%25679
$741.00Sep 4$15.240.480.4%2.06%2.46%1578
$739.00Aug 31$15.140.500.1%2.05%2.18%1251.0K
$739.00Aug 28$14.750.500.1%2.00%2.12%24212
$742.00Sep 4$14.620.480.5%1.98%2.51%245173
$740.00Aug 31$14.510.490.3%1.97%2.23%6072.3K
$740.00Aug 28$14.110.490.3%1.91%2.17%1921.2K
$743.00Sep 4$14.020.470.7%1.90%2.57%1533
$741.00Aug 31$13.880.480.4%1.88%2.28%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 2,837,684
Total Puts 3,167,261
Put/Call Ratio 1.12
Net Difference -329,577

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 21,118,419
Total Puts 23,895,554
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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