Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$737.12 -0.24%
(7/27 11:50) ◀
|
Monday, July 27, 2026 (11:55am)
January 2026
|
▶ (7/27 12:00)
◀ 7/27 11:55 ▶

Option Volume

Detail
ℹ
Current (07/27 11:55am) 6,838,211
Calls: 3,225,327 (47%)
Puts: 3,612,884 (53%)
Prior (07/24) 5,689,015
Calls: 2,656,249 (47%)
Puts: 3,032,766 (53%)
Current vs Prior +20.20%
Calls: +21.42% (Calls)
Puts: +19.13% (Puts)
Prior 7-Day Total 50,940,919
Calls: 23,692,694 (47%)
Puts: 27,248,225 (53%)
Prior 7-Day Average 7,277,274
Calls: 3,384,670 (47%)
Puts: 3,892,603 (53%)
Current vs Prior 7-Day Avg -6.03%
Calls: -4.71%
Puts: -7.19%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/27 11:55am) $1.40B
Calls: $263.59M (19%)
Puts: $1.14B (81%)
Prior (07/24) $909.07M
Calls: $667.35M (73%)
Puts: $241.73M (27%)
Current vs Prior +54.29%
Calls: -60.50%
Puts: +371.21%
Prior 7-Day Total $9.49B
Calls: $1.99B (21%)
Puts: $7.49B (79%)
Prior 7-Day Average $1.36B
Calls: $284.82M (21%)
Puts: $1.07B (79%)
Current vs Prior 7-Day Avg +3.48%
Calls: -7.45%
Puts: +6.39%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/27 11:55am) 1.12
Prior (07/24) 1.14
Current vs Prior -1.89%
Prior 7-Day Average 1.14
Current vs Prior 7-Day Avg -1.40%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/27 11:55am) 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 0.48% | 0.87%0.48% | 1.24%1.78% | 2.44%3.44% | 4.96%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -39.13% | -16.02%+205.86% | +56.98%+1031.97% | +31.47%-1.24% | -1.03%
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 -39.13% | -16.02%+205.86% | +56.98%+1031.97% | +31.47%-1.24% | -1.03%
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 -39.13% | -16.02%-39.14% | -8.75%-4.42% | -1.77%-1.24% | -1.03%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 0.57% | 0.62%
Calls: 0.63% | 0.64%
Puts: 0.51% | 0.61%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -44.12% | -6.06%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -44.12% | -6.06%
Liquidity Excellent
+
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🤖 AI Insights

Strong bearish conviction with 81% of dollar volume in puts ($1.14B) vs calls ($263.59M). Elevated premium activity with dollar volume up 54% vs prior. 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
11:55BEARISHBEARISHBEARISH
11:50BEARISHBEARISHBEARISH
11:45BEARISHBEARISHBEARISH
11:40BEARISHBEARISHBEARISH
11:35BEARISHBEARISHBEARISH
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 2,482 of results (avg 2.2%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31137.60137.67$137.640.1%11.006.3K
$700.00Jul 3138.0238.08$38.050.2%230.966.6K
$690.00Aug 2152.0352.15$52.090.2%280.885.6K
$700.00Aug 2142.9543.05$43.000.2%270.837.6K
$740.00Aug 2111.7311.76$11.750.3%3.9K0.486.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$744.00Aug 3115.8215.86$15.840.3%4970.56962
$732.00Aug 76.456.47$6.460.3%3720.402.1K
$735.00Aug 3112.3312.37$12.350.3%1660.477.4K
$743.00Aug 3115.3815.43$15.410.3%2190.551.1K
$743.00Aug 2815.0915.14$15.120.3%150.55366

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 550 found (avg $0.36, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.050.06$0.0616.7%270.1K0.0311.6K
$750.00Jul 280.050.06$0.0616.7%22.0K0.029.8K
$755.00Jul 290.050.06$0.0616.7%1.1K0.023.2K
$760.00Jul 300.050.06$0.0616.7%1.0K0.013.2K
$763.00Jul 310.050.06$0.0616.7%1.3K0.013.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$727.00Jul 270.050.06$0.0616.7%14.2K0.034.6K
$713.00Jul 280.050.06$0.0616.7%4380.01496
$690.00Jul 290.050.06$0.0616.7%260.01921
$670.00Jul 300.050.06$0.0616.7%--0.0122
$645.00Jul 310.050.06$0.0616.7%9520.0117.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,158 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$590.00Jul 27145.73148.54$147.141.9%21.00--
$595.00Jul 27140.73143.54$142.142.0%21.00--
$600.00Jul 27135.55138.66$137.112.3%21.00--
$605.00Jul 27130.73133.54$132.142.1%21.00--
$610.00Jul 27125.73128.53$127.132.2%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 2812.4513.14$12.805.4%3701.00336
$751.00Jul 2813.3814.69$14.049.3%231.007
$752.00Jul 2814.3615.10$14.735.0%791.004
$753.00Jul 2814.6017.27$15.9316.8%31.001
$755.00Jul 2816.6019.28$17.9414.9%181.001

Most actively traded options today. High liquidity = easy entry/exit. 2,616 active (total vol 6.8M, top 270.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.050.06$0.0616.7%270.1K0.0311.6K
$741.00Jul 270.290.30$0.303.3%247.7K0.158.5K
$742.00Jul 270.180.19$0.195.3%240.7K0.107.9K
$744.00Jul 270.070.08$0.0812.5%234.6K0.046.3K
$740.00Jul 270.460.47$0.472.1%227.9K0.227.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 273.313.33$3.320.6%246.0K0.7810.2K
$738.00Jul 271.951.96$1.960.5%233.2K0.596.1K
$737.00Jul 271.441.45$1.440.7%217.6K0.494.9K
$735.00Jul 270.740.75$0.751.3%204.9K0.307.6K
$736.00Jul 271.041.05$1.051.0%193.4K0.398.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 376 strikes (avg 243.3%, max 1199.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4233.2%17.9%1199.7%--58
$870.00Jul 27Sep 4226.0%17.4%1197.1%--529
$860.00Jul 27Aug 31211.5%17.3%1125.8%242.7K
$850.00Jul 27Aug 31196.7%16.1%1124.0%--2.8K
$840.00Jul 27Aug 31181.6%15.3%1084.5%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21118.3%12.8%823.7%1442
$590.00Jul 27Sep 4301.3%35.9%739.0%81647
$595.00Jul 27Sep 4290.6%35.1%727.3%4261
$605.00Jul 27Aug 31269.4%34.1%690.6%53720.8K
$615.00Jul 27Aug 31248.5%32.5%664.7%--2.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,094 found (best R:R 460.54, avg 4.93)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$770.00$775.00Aug 10$0.10$4.90$0.1049.00$770.10
$785.00$790.00Aug 28$0.16$4.84$0.1630.25$785.16
$765.00$770.00Aug 10$0.23$4.77$0.2320.74$765.23
$752.00$753.00Jul 30$0.10$0.90$0.109.00$752.10
$766.00$767.00Aug 14$0.10$0.90$0.109.00$766.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$660.00$600.00Aug 5$0.13$59.87$0.13460.54$659.87
$660.00$640.00Aug 6$0.10$19.90$0.10199.00$659.90
$610.00$600.00Sep 4$0.13$9.87$0.1375.92$609.87
$620.00$610.00Sep 4$0.17$9.83$0.1757.82$619.83
$675.00$670.00Aug 10$0.10$4.90$0.1049.00$674.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,490 found (best R:R 70.43, avg 2.32)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$635.00$655.00Aug 14$19.72$19.72$0.2870.43$654.72
$660.00$700.00Aug 4$39.38$39.38$0.6263.52$699.38
$655.00$680.00Aug 14$24.56$24.56$0.4455.82$679.56
$615.00$625.00Aug 31$9.81$9.81$0.1951.63$624.81
$690.00$695.00Aug 3$4.90$4.90$0.1049.00$694.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$774.00$771.00Jul 31$2.88$2.88$0.1224.00$771.12
$780.00$775.00Jul 31$4.80$4.80$0.2024.00$775.20
$760.00$758.00Aug 3$1.88$1.88$0.1215.67$758.12
$770.00$768.00Jul 31$1.87$1.87$0.1314.38$768.13
$772.00$770.00Aug 31$1.87$1.87$0.1314.38$770.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 225 found (avg debit $1.56, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$749.00Jul 27Jul 28$0.0532.5%15.0%
$798.00Jul 31Aug 21$0.0526.2%12.5%
$799.00Jul 31Aug 21$0.0526.5%12.6%
$796.00Jul 31Aug 21$0.0625.4%12.3%
$797.00Jul 31Aug 21$0.0625.8%12.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$714.00Jul 27Jul 28$0.0556.1%26.4%
$715.00Jul 27Jul 28$0.0553.9%25.4%
$716.00Jul 27Jul 28$0.0651.7%24.9%
$717.00Jul 27Jul 28$0.0749.5%24.4%
$718.00Jul 27Jul 28$0.0947.3%24.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,141 found (cheapest 0.41% of stock, avg 5.25%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$737.00Jul 27$1.58$1.44$3.02$733.98$740.020.41%
$738.00Jul 27$1.10$1.96$3.06$734.94$741.060.42%
$736.00Jul 27$2.17$1.05$3.22$732.78$739.220.44%
$739.00Jul 27$0.73$2.58$3.31$735.69$742.310.45%
$735.00Jul 27$2.88$0.75$3.63$731.37$738.630.49%
$740.00Jul 27$0.47$3.32$3.79$736.21$743.790.51%
$734.00Jul 27$3.66$0.53$4.19$729.81$738.190.57%
$741.00Jul 27$0.30$4.15$4.45$736.55$745.450.60%
$733.00Jul 27$4.50$0.38$4.88$728.12$737.880.66%
$742.00Jul 27$0.19$5.05$5.24$736.76$747.240.71%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.08% of stock, avg 1.93%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$742.00$733.00Jul 27$0.19$0.38$0.57$732.43$742.57
$741.00$733.00Jul 27$0.30$0.38$0.68$732.32$741.68
$742.00$734.00Jul 27$0.19$0.53$0.72$733.28$742.72
$741.00$734.00Jul 27$0.30$0.53$0.83$733.17$741.83
$740.00$733.00Jul 27$0.47$0.38$0.85$732.15$740.85
$742.00$735.00Jul 27$0.19$0.75$0.94$734.06$742.94
$740.00$734.00Jul 27$0.47$0.53$1.00$733.00$741.00
$741.00$735.00Jul 27$0.30$0.75$1.05$733.95$742.05
$739.00$733.00Jul 27$0.73$0.38$1.11$731.89$740.11
$739.00$734.00Jul 27$0.73$0.53$1.26$732.74$740.26

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 500 found (best R:R 87.24, avg credit $3.23)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
660/665670/685Aug 28$14.83$0.1787.24$650.17$684.83
660/665690/698Aug 28$7.90$0.1079.00$657.10$697.90
655/660670/685Aug 28$14.79$0.2170.43$645.21$684.79
650/655670/685Aug 28$14.78$0.2267.18$640.22$684.78
645/650670/685Aug 28$14.77$0.2364.22$635.23$684.77
655/660690/698Aug 28$7.86$0.1456.14$652.14$697.86
640/645670/685Aug 28$14.73$0.2754.56$630.27$684.73
630/635670/685Aug 28$14.72$0.2852.57$620.28$684.72
635/640670/685Aug 28$14.72$0.2852.57$625.28$684.72
650/655690/698Aug 28$7.85$0.1552.33$647.15$697.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 269 found (best R:R 124.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$605.00$615.00$625.00Aug 7$0.08$9.92124.00
$630.00$635.00$640.00Aug 21$0.05$4.9599.00
$595.00$600.00$605.00Jul 27$0.06$4.9482.33
$605.00$610.00$615.00Aug 21$0.06$4.9482.33
$785.00$790.00$795.00Aug 28$0.06$4.9482.33
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
$680.00$685.00$690.00Aug 28$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. 916 found (best net $-0.02, 907 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$790.00$820.001:2Aug 6-$0.02$29.98
$590.00$650.001:2Aug 28-$32.59$27.41
$670.00$700.001:2Jul 29-$7.48$22.52
$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-$0.04$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. 407 found (best yield 2.26%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$738.00Sep 4$16.660.500.1%2.26%2.38%4022
$739.00Sep 4$16.020.490.3%2.17%2.43%15365
$740.00Sep 4$15.390.480.4%2.09%2.48%25679
$738.00Aug 31$15.300.500.1%2.08%2.20%204417
$738.00Aug 28$14.900.500.1%2.02%2.14%253149
$741.00Sep 4$14.780.480.5%2.01%2.53%1978
$739.00Aug 31$14.670.490.3%1.99%2.25%1281.0K
$739.00Aug 28$14.270.490.3%1.94%2.19%26212
$742.00Sep 4$14.170.470.7%1.92%2.58%267173
$740.00Aug 31$14.050.480.4%1.91%2.30%6432.3K

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 3,225,327
Total Puts 3,612,884
Put/Call Ratio 1.12
Net Difference -387,557

Prior's Put/Call Breakdown

Total Calls 2,656,249
Total Puts 3,032,766
Put/Call Ratio 1.14
Net Difference -376,517

Prior 7-Day Put/Call Summary

Total Calls 23,692,694
Total Puts 27,248,225
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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