Tour v415
SPY
State Street SPDR S&P 500 ETF Trust
$737.45 -0.20%
7/27 12:15

Option Volume

Detail
Current (07/27 12:15pm) 7,408,942
Calls: 3,537,913 (48%)
Puts: 3,871,029 (52%)
Prior (07/24) 5,689,015
Calls: 2,656,249 (47%)
Puts: 3,032,766 (53%)
Current vs Prior +30.23%
Calls: +33.19% (Calls)
Puts: +27.64% (Puts)
Prior 7-Day Total 54,643,307
Calls: 25,447,621 (47%)
Puts: 29,195,686 (53%)
Prior 7-Day Average 7,806,186
Calls: 3,635,374 (47%)
Puts: 4,170,812 (53%)
Current vs Prior 7-Day Avg -5.09%
Calls: -2.68%
Puts: -7.19%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 12:15pm) $1.42B
Calls: $305.88M (22%)
Puts: $1.11B (78%)
Prior (07/24) $909.07M
Calls: $667.35M (73%)
Puts: $241.73M (27%)
Current vs Prior +56.11%
Calls: -54.16%
Puts: +360.55%
Prior 7-Day Total $9.77B
Calls: $2.20B (23%)
Puts: $7.57B (77%)
Prior 7-Day Average $1.40B
Calls: $314.48M (23%)
Puts: $1.08B (77%)
Current vs Prior 7-Day Avg +1.71%
Calls: -2.73%
Puts: +3.00%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 12:15pm) 1.09
Prior (07/24) 1.14
Current vs Prior -4.17%
Prior 7-Day Average 1.14
Current vs Prior 7-Day Avg -3.67%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 12:15pm) 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 0.46% | 0.86%0.46% | 1.22%1.76% | 2.44%3.43% | 4.96%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -41.39% | -16.98%+194.52% | +54.85%+1021.97% | +31.05%-1.32% | -1.02%
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 -41.39% | -16.98%+194.52% | +54.85%+1021.97% | +31.05%-1.32% | -1.02%
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 -41.39% | -16.98%-41.39% | -9.99%-5.27% | -2.09%-1.32% | -1.02%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.88% | 0.79%
Calls: 0.59% | 0.62%
Puts: 1.16% | 0.97%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -13.73% | +19.70%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -13.73% | +19.70%
Liquidity Excellent
+
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🤖 AI Insights

Strong bearish conviction with 78% of dollar volume in puts ($1.11B) vs calls ($305.88M). Elevated premium activity with dollar volume up 56% vs prior. Slightly bearish P/C ratio of 1.09. 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
12:15BEARISHNEUTRALBEARISH
12:10BEARISHBEARISHBEARISH
12:05BEARISHBEARISHBEARISH
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 2,492 of results (avg 2.2%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31137.91137.98$137.950.1%11.006.3K
$700.00Jul 3138.3238.39$38.360.2%940.966.6K
$690.00Aug 2152.2952.40$52.350.2%280.885.6K
$739.00Aug 2112.4912.52$12.510.2%2.0K0.49441
$739.00Sep 416.1816.22$16.200.2%1550.5065
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$717.00Aug 317.587.60$7.590.3%530.2920.6K
$715.00Aug 317.207.22$7.210.3%1400.285.4K
$721.00Aug 216.756.77$6.760.3%1340.301.6K
$727.00Aug 319.849.87$9.860.3%160.38634
$711.00Aug 316.506.52$6.510.3%270.25600

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%279.1K0.0311.6K
$750.00Jul 280.050.06$0.0616.7%22.6K0.029.8K
$755.00Jul 290.050.06$0.0616.7%1.2K0.023.2K
$760.00Jul 300.050.06$0.0616.7%1.0K0.013.2K
$764.00Jul 310.050.06$0.0616.7%5250.013.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$714.00Jul 280.050.06$0.0616.7%8080.01884
$695.00Jul 290.050.06$0.0616.7%1100.011.1K
$670.00Jul 300.050.06$0.0616.7%--0.0122
$648.00Jul 310.050.06$0.0616.7%20.01856
$649.00Jul 310.050.06$0.0616.7%10.01747

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,162 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$590.00Jul 27146.10148.85$147.481.9%21.00--
$595.00Jul 27141.10143.85$142.481.9%21.00--
$600.00Jul 27136.10139.19$137.642.2%21.00--
$605.00Jul 27131.10133.85$132.482.1%21.00--
$610.00Jul 27126.10128.85$127.482.2%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 2811.4012.71$12.0610.9%3851.00336
$751.00Jul 2812.3913.70$13.0510.0%331.007
$752.00Jul 2813.3914.70$14.059.3%801.004
$753.00Jul 2814.1716.66$15.4216.1%31.001
$755.00Jul 2816.1818.65$17.4214.2%201.001

Most actively traded options today. High liquidity = easy entry/exit. 2,633 active (total vol 7.4M, top 279.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.050.06$0.0616.7%279.1K0.0311.6K
$741.00Jul 270.270.28$0.283.6%266.9K0.168.5K
$740.00Jul 270.460.47$0.472.1%260.6K0.237.9K
$742.00Jul 270.160.17$0.175.9%257.0K0.107.9K
$744.00Jul 270.070.08$0.0812.5%243.4K0.056.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$738.00Jul 271.711.73$1.721.2%250.6K0.566.1K
$740.00Jul 273.013.04$3.031.0%250.3K0.7710.2K
$737.00Jul 271.241.25$1.250.8%247.3K0.454.9K
$735.00Jul 270.610.62$0.621.6%229.6K0.267.6K
$736.00Jul 270.880.89$0.891.1%217.5K0.358.1K

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 252.2%, max 1250.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4241.6%17.9%1250.2%--58
$870.00Jul 27Sep 4234.2%17.4%1247.1%--529
$860.00Jul 27Aug 31219.0%17.2%1173.1%242.7K
$850.00Jul 27Aug 31203.7%16.0%1171.3%--2.8K
$840.00Jul 27Aug 31188.0%15.3%1128.4%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21122.2%12.7%859.2%1442
$590.00Jul 27Sep 4313.7%35.9%773.3%81647
$595.00Jul 27Sep 4302.6%35.1%761.2%4261
$605.00Jul 27Aug 31280.5%34.1%723.1%53720.8K
$615.00Jul 27Sep 4258.8%32.0%707.7%1108

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,092 found (best R:R 427.57, avg 4.63)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$785.00$790.00Aug 28$0.16$4.84$0.1630.25$785.16
$765.00$770.00Aug 10$0.24$4.76$0.2419.83$765.24
$756.00$757.00Aug 3$0.10$0.90$0.109.00$756.10
$757.00$758.00Aug 4$0.10$0.90$0.109.00$757.10
$776.00$777.00Aug 28$0.10$0.90$0.109.00$776.10
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
$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
$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. 1,502 found (best R:R 191.31, avg 2.78)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$625.00$650.00Aug 7$24.87$24.87$0.13191.31$649.87
$635.00$655.00Aug 14$19.88$19.88$0.12165.67$654.88
$650.00$670.00Aug 7$19.81$19.81$0.19104.26$669.81
$690.00$700.00Jul 28$9.88$9.88$0.1282.33$699.88
$600.00$615.00Jul 28$14.81$14.81$0.1977.95$614.81
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$800.00$780.00Aug 7$19.82$19.82$0.18110.11$780.18
$780.00$775.00Jul 31$4.81$4.81$0.1925.32$775.19
$780.00$775.00Aug 31$4.81$4.81$0.1925.32$775.19
$765.00$762.00Jul 29$2.84$2.84$0.1617.75$762.16
$762.00$760.00Aug 3$1.88$1.88$0.1215.67$760.12

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 207 found (avg debit $1.60, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$749.00Jul 27Jul 28$0.0532.9%14.7%
$799.00Jul 31Aug 21$0.0526.4%12.6%
$797.00Jul 31Aug 21$0.0625.7%12.4%
$798.00Jul 31Aug 21$0.0626.1%12.6%
$615.00Jul 27Jul 28$0.07258.8%97.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$715.00Jul 27Jul 28$0.0556.8%25.9%
$716.00Jul 27Jul 28$0.0654.5%25.4%
$717.00Jul 27Jul 28$0.0752.2%24.4%
$718.00Jul 27Jul 28$0.0849.9%24.2%
$719.00Jul 27Jul 28$0.1047.6%23.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,145 found (cheapest 0.39% of stock, avg 5.25%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$738.00Jul 27$1.15$1.72$2.87$735.13$740.870.39%
$737.00Jul 27$1.69$1.25$2.94$734.06$739.940.40%
$739.00Jul 27$0.76$2.32$3.08$735.92$742.080.42%
$736.00Jul 27$2.32$0.89$3.21$732.79$739.210.44%
$740.00Jul 27$0.47$3.03$3.50$736.50$743.500.47%
$735.00Jul 27$3.06$0.62$3.68$731.32$738.680.50%
$741.00Jul 27$0.28$3.84$4.12$736.88$745.120.56%
$734.00Jul 27$3.87$0.43$4.30$729.70$738.300.58%
$742.00Jul 27$0.17$4.72$4.89$737.11$746.890.66%
$733.00Jul 27$4.73$0.30$5.03$727.97$738.030.68%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.06% of stock, avg 1.91%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$742.00$733.00Jul 27$0.17$0.30$0.47$732.53$742.47
$741.00$733.00Jul 27$0.28$0.30$0.58$732.42$741.58
$742.00$734.00Jul 27$0.17$0.43$0.60$733.40$742.60
$740.00$733.00Jul 27$0.47$0.30$0.77$732.23$740.77
$741.00$734.00Jul 27$0.28$0.43$0.71$733.29$741.71
$742.00$735.00Jul 27$0.17$0.62$0.79$734.21$742.79
$740.00$734.00Jul 27$0.47$0.43$0.90$733.10$740.90
$741.00$735.00Jul 27$0.28$0.62$0.90$734.10$741.90
$739.00$733.00Jul 27$0.76$0.30$1.06$731.94$740.06
$742.00$736.00Jul 27$0.17$0.89$1.06$734.94$743.06

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 482 found (best R:R 99.00, avg credit $3.08)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
660/665670/685Aug 28$14.85$0.1599.00$650.15$684.85
655/660670/685Aug 28$14.83$0.1787.24$645.17$684.83
650/655670/685Aug 28$14.80$0.2074.00$640.20$684.80
645/650670/685Aug 28$14.78$0.2267.18$635.22$684.78
640/645670/685Aug 28$14.77$0.2364.22$630.23$684.77
635/640670/685Aug 28$14.75$0.2559.00$625.25$684.75
665/670685/690Aug 14$4.89$0.1144.45$665.11$689.89
680/685695/700Aug 7$4.88$0.1240.67$680.12$699.88
665/670680/685Aug 14$4.88$0.1240.67$665.12$684.88
660/665685/695Sep 4$9.75$0.2539.00$655.25$694.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 214 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 7$0.05$4.9599.00
$785.00$790.00$795.00Aug 28$0.06$4.9482.33
$600.00$605.00$610.00Aug 21$0.08$4.9261.50
$675.00$680.00$685.00Aug 3$0.13$4.8737.46
$695.00$700.00$705.00Aug 7$0.13$4.8737.46
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 3$0.05$4.9599.00
$680.00$685.00$690.00Aug 28$0.05$4.9599.00
$685.00$690.00$695.00Aug 5$0.06$4.9482.33
$685.00$690.00$695.00Aug 10$0.06$4.9482.33
$690.00$695.00$700.00Aug 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. 921 found (best net $-0.02, 912 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$790.00$820.001:2Aug 6-$0.02$29.98
$590.00$650.001:2Aug 28-$32.68$27.32
$670.00$700.001:2Jul 29-$7.49$22.51
$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-$0.05$14.95
$630.00$615.001:2Aug 6-$0.07$14.93
$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. 408 found (best yield 2.28%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$738.00Sep 4$16.820.510.1%2.28%2.36%4022
$739.00Sep 4$16.180.500.2%2.19%2.40%15565
$740.00Sep 4$15.550.480.3%2.11%2.45%25679
$738.00Aug 31$15.460.500.1%2.10%2.17%205417
$738.00Aug 28$15.060.510.1%2.04%2.12%277149
$741.00Sep 4$14.920.480.5%2.02%2.50%1978
$739.00Aug 31$14.820.490.2%2.01%2.22%1331.0K
$739.00Aug 28$14.420.490.2%1.96%2.17%82212
$742.00Sep 4$14.310.470.6%1.94%2.56%267173
$740.00Aug 31$14.190.480.3%1.92%2.27%7112.3K

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 3,537,913
Total Puts 3,871,029
Put/Call Ratio 1.09
Net Difference -333,116

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 25,447,621
Total Puts 29,195,686
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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