Tour v414
SPY
State Street SPDR S&P 500 ETF Trust
$737.72 -0.16%
(7/27 11:55) ◀
|
Monday, July 27, 2026 (12:00pm)
January 2026
|
▶ (7/27 12:05)
◀ 7/27 12:00 ▶

Option Volume

Detail
ℹ
Current (07/27 12:00pm) 6,994,652
Calls: 3,293,839 (47%)
Puts: 3,700,813 (53%)
Prior (07/24) 5,689,015
Calls: 2,656,249 (47%)
Puts: 3,032,766 (53%)
Current vs Prior +22.95%
Calls: +24.00% (Calls)
Puts: +22.03% (Puts)
Prior 7-Day Total 51,919,191
Calls: 24,140,297 (46%)
Puts: 27,778,894 (54%)
Prior 7-Day Average 7,417,027
Calls: 3,448,613 (46%)
Puts: 3,968,413 (54%)
Current vs Prior 7-Day Avg -5.69%
Calls: -4.49%
Puts: -6.74%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/27 12:00pm) $1.34B
Calls: $292.67M (22%)
Puts: $1.04B (78%)
Prior (07/24) $909.07M
Calls: $667.35M (73%)
Puts: $241.73M (27%)
Current vs Prior +47.14%
Calls: -56.14%
Puts: +332.28%
Prior 7-Day Total $9.72B
Calls: $1.99B (20%)
Puts: $7.73B (80%)
Prior 7-Day Average $1.39B
Calls: $284.03M (20%)
Puts: $1.10B (80%)
Current vs Prior 7-Day Avg -3.63%
Calls: +3.04%
Puts: -5.35%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/27 12:00pm) 1.12
Prior (07/24) 1.14
Current vs Prior -1.59%
Prior 7-Day Average 1.14
Current vs Prior 7-Day Avg -1.23%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/27 12:00pm) 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 0.46% | 0.85%0.46% | 1.23%1.76% | 2.43%3.43% | 4.95%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -41.24% | -17.40%+195.29% | +55.31%+1021.59% | +30.71%-1.55% | -1.27%
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 -41.24% | -17.40%+195.29% | +55.31%+1021.59% | +30.71%-1.55% | -1.27%
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 -41.24% | -17.40%-41.24% | -9.72%-5.30% | -2.34%-1.55% | -1.27%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 0.86% | 0.64%
Calls: 1.09% | 0.60%
Puts: 0.63% | 0.68%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -15.69% | -3.03%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -15.69% | -3.03%
Liquidity Excellent
+
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🤖 AI Insights

Strong bearish conviction with 78% of dollar volume in puts ($1.04B) vs calls ($292.67M). 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
12:00BEARISHBEARISHBEARISH
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 2,458 of results (avg 2.3%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31138.17138.24$138.200.1%11.006.3K
$700.00Jul 3138.5638.63$38.600.2%340.966.6K
$690.00Aug 2152.5052.61$52.560.2%280.885.6K
$738.00Sep 416.9216.96$16.940.2%400.5122
$737.00Aug 3116.2116.25$16.230.2%1830.52313
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$726.00Aug 53.833.84$3.840.3%2380.28131
$727.00Aug 43.663.67$3.670.3%780.29111
$720.00Aug 73.433.44$3.440.3%4.8K0.2312.4K
$735.00Jul 293.113.12$3.120.3%6.9K0.4010.8K
$744.00Aug 3115.4515.50$15.480.3%4980.56962

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 548 found (avg $0.36, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.050.06$0.0616.7%272.5K0.0411.6K
$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%1.0K0.023.2K
$763.00Jul 310.050.06$0.0616.7%1.3K0.013.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$728.00Jul 270.050.06$0.0616.7%24.2K0.034.4K
$713.00Jul 280.050.06$0.0616.7%4380.01496
$714.00Jul 280.050.06$0.0616.7%8050.01884
$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. 1,157 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27141.35144.14$142.752.0%21.00--
$600.00Jul 27136.19139.29$137.742.3%21.00--
$605.00Jul 27131.35134.12$132.742.1%21.00--
$610.00Jul 27126.35129.04$127.702.1%21.00--
$615.00Jul 27121.35124.04$122.702.2%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 2812.1812.45$12.322.2%3701.00336
$751.00Jul 2813.1714.69$13.9310.9%231.007
$752.00Jul 2814.1714.42$14.301.7%791.004
$753.00Jul 2813.9416.98$15.4619.7%31.001
$755.00Jul 2815.9518.98$17.4717.3%181.001

Most actively traded options today. High liquidity = easy entry/exit. 2,616 active (total vol 7.0M, top 272.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.050.06$0.0616.7%272.5K0.0411.6K
$741.00Jul 270.330.34$0.342.9%251.2K0.188.5K
$742.00Jul 270.210.22$0.224.5%243.7K0.127.9K
$744.00Jul 270.080.09$0.0911.1%236.6K0.056.3K
$740.00Jul 270.530.54$0.541.9%235.3K0.267.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 272.822.85$2.841.1%247.3K0.7410.2K
$738.00Jul 271.571.58$1.580.6%235.1K0.536.1K
$737.00Jul 271.131.14$1.130.9%223.3K0.424.9K
$735.00Jul 270.560.57$0.561.8%211.2K0.247.6K
$736.00Jul 270.800.81$0.811.2%199.3K0.328.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 375 strikes (avg 243.4%, max 1212.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4234.4%17.9%1212.6%--58
$870.00Jul 27Sep 4227.1%17.3%1209.2%--529
$860.00Jul 27Aug 31212.4%17.2%1137.6%242.7K
$850.00Jul 27Aug 31197.4%16.0%1135.8%--2.8K
$840.00Jul 27Aug 31182.2%15.3%1094.1%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21118.2%12.7%832.4%1442
$595.00Jul 27Sep 4294.6%35.1%739.8%4261
$605.00Jul 27Aug 31273.2%34.1%702.0%53720.8K
$615.00Jul 27Aug 31252.1%32.4%676.9%--2.1K
$620.00Jul 27Sep 4241.6%31.3%673.1%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,075 found (best R:R 460.54, avg 4.80)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$785.00$790.00Aug 28$0.17$4.83$0.1728.41$785.17
$765.00$770.00Aug 10$0.25$4.75$0.2519.00$765.25
$754.00$755.00Jul 31$0.10$0.90$0.109.00$754.10
$755.00$756.00Jul 31$0.10$0.90$0.109.00$755.10
$760.00$761.00Aug 6$0.10$0.90$0.109.00$760.10
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$0.16$9.84$0.1661.50$619.84
$690.00$685.00Aug 5$0.10$4.90$0.1049.00$689.90
$650.00$645.00Aug 21$0.10$4.90$0.1049.00$649.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,500 found (best R:R 85.96, avg 2.21)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$660.00$700.00Aug 4$39.54$39.54$0.4685.96$699.54
$635.00$655.00Aug 14$19.68$19.68$0.3261.50$654.68
$705.00$710.00Sep 4$4.90$4.90$0.1049.00$709.90
$695.00$700.00Aug 3$4.89$4.89$0.1144.45$699.89
$645.00$650.00Aug 21$4.89$4.89$0.1144.45$649.89
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$805.00$800.00Jul 27$4.87$4.87$0.1337.46$800.13
$820.00$815.00Jul 27$4.87$4.87$0.1337.46$815.13
$830.00$825.00Jul 27$4.82$4.82$0.1826.78$825.18
$780.00$775.00Jul 31$4.76$4.76$0.2419.83$775.24
$775.00$772.00Aug 28$2.81$2.81$0.1914.79$772.19

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 229 found (avg debit $1.55, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$798.00Jul 31Aug 21$0.0525.9%12.3%
$799.00Jul 31Aug 21$0.0526.3%12.5%
$749.00Jul 27Jul 28$0.0631.2%14.6%
$796.00Jul 31Aug 21$0.0625.2%12.2%
$797.00Jul 31Aug 21$0.0625.5%12.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$715.00Jul 27Jul 28$0.0555.9%26.1%
$716.00Jul 27Jul 28$0.0653.6%25.6%
$774.00Jul 27Jul 28$0.0673.2%28.3%
$775.00Jul 27Jul 31$0.0675.0%17.0%
$776.00Jul 27Jul 28$0.0676.8%29.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,140 found (cheapest 0.39% of stock, avg 5.17%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$738.00Jul 27$1.28$1.58$2.86$735.14$740.860.39%
$737.00Jul 27$1.84$1.13$2.97$734.03$739.970.40%
$739.00Jul 27$0.85$2.14$2.99$736.01$741.990.41%
$736.00Jul 27$2.51$0.81$3.32$732.68$739.320.45%
$740.00Jul 27$0.54$2.84$3.38$736.62$743.380.46%
$735.00Jul 27$3.26$0.56$3.82$731.18$738.820.52%
$741.00Jul 27$0.34$3.64$3.98$737.02$744.980.54%
$734.00Jul 27$4.10$0.40$4.50$729.50$738.500.61%
$742.00Jul 27$0.22$4.51$4.73$737.27$746.730.64%
$733.00Jul 27$4.97$0.27$5.24$727.76$738.240.71%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.07% of stock, avg 1.90%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$742.00$733.00Jul 27$0.22$0.27$0.49$732.51$742.49
$741.00$733.00Jul 27$0.34$0.27$0.61$732.39$741.61
$742.00$734.00Jul 27$0.22$0.40$0.62$733.38$742.62
$741.00$734.00Jul 27$0.34$0.40$0.74$733.26$741.74
$740.00$733.00Jul 27$0.54$0.27$0.81$732.19$740.81
$742.00$735.00Jul 27$0.22$0.56$0.78$734.22$742.78
$741.00$735.00Jul 27$0.34$0.56$0.90$734.10$741.90
$740.00$734.00Jul 27$0.54$0.40$0.94$733.06$740.94
$742.00$736.00Jul 27$0.22$0.81$1.03$734.97$743.03
$739.00$733.00Jul 27$0.85$0.27$1.12$731.88$740.12

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 500 found (best R:R 67.18, avg credit $3.07)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
640/645650/665Aug 28$14.78$0.2267.18$630.22$664.78
635/640650/665Aug 28$14.77$0.2364.22$625.23$664.77
675/680685/690Aug 28$4.89$0.1144.45$675.11$689.89
655/660665/670Aug 28$4.86$0.1434.71$655.14$669.86
670/675685/690Aug 28$4.85$0.1532.33$670.15$689.85
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
665/670685/690Aug 28$4.82$0.1826.78$665.18$689.82
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. 293 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$640.00$645.00$650.00Aug 21$0.05$4.9599.00
$785.00$790.00$795.00Aug 28$0.07$4.9370.43
$630.00$635.00$640.00Jul 27$0.08$4.9261.50
$595.00$600.00$605.00Aug 31$0.08$4.9261.50
$675.00$685.00$695.00Sep 4$0.20$9.8049.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 4$0.05$4.9599.00
$675.00$680.00$685.00Aug 28$0.05$4.9599.00
$830.00$835.00$840.00Jul 27$0.06$4.9482.33
$690.00$695.00$700.00Aug 6$0.06$4.9482.33
$675.00$680.00$685.00Aug 7$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
$670.00$700.001:2Jul 29-$8.15$21.85
$825.00$845.001:2Aug 3-$0.01$19.99
$783.00$800.001:2Aug 4-$0.02$16.98
$820.00$835.001:2Jul 27-$0.01$14.99
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-$0.05$14.95
$630.00$615.001:2Aug 6-$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. 412 found (best yield 2.29%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$738.00Sep 4$16.920.510.0%2.29%2.33%4022
$739.00Sep 4$16.270.500.2%2.21%2.38%15565
$740.00Sep 4$15.640.490.3%2.12%2.43%25679
$738.00Aug 31$15.550.510.0%2.11%2.15%204417
$738.00Aug 28$15.160.510.0%2.05%2.09%254149
$741.00Sep 4$15.020.470.4%2.04%2.48%1978
$739.00Aug 31$14.910.490.2%2.02%2.19%1281.0K
$739.00Aug 28$14.510.500.2%1.97%2.14%76212
$742.00Sep 4$14.400.470.6%1.95%2.53%267173
$740.00Aug 31$14.290.480.3%1.94%2.25%6482.3K

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 3,293,839
Total Puts 3,700,813
Put/Call Ratio 1.12
Net Difference -406,974

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 24,140,297
Total Puts 27,778,894
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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