Tour v416
SPY
State Street SPDR S&P 500 ETF Trust
$739.36 +0.06%
7/27 12:26

Option Volume

Detail
Current (07/27 12:25pm) 7,869,294
Calls: 3,768,445 (48%)
Puts: 4,100,849 (52%)
Prior (07/24) 5,689,015
Calls: 2,656,249 (47%)
Puts: 3,032,766 (53%)
Current vs Prior +38.32%
Calls: +41.87% (Calls)
Puts: +35.22% (Puts)
Prior 7-Day Total 56,318,196
Calls: 26,297,049 (47%)
Puts: 30,021,147 (53%)
Prior 7-Day Average 8,045,456
Calls: 3,756,721 (47%)
Puts: 4,288,735 (53%)
Current vs Prior 7-Day Avg -2.19%
Calls: +0.31%
Puts: -4.38%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 12:25pm) $1.35B
Calls: $495.45M (37%)
Puts: $854.96M (63%)
Prior (07/24) $909.07M
Calls: $667.35M (73%)
Puts: $241.73M (27%)
Current vs Prior +48.55%
Calls: -25.76%
Puts: +253.69%
Prior 7-Day Total $9.88B
Calls: $2.29B (23%)
Puts: $7.59B (77%)
Prior 7-Day Average $1.41B
Calls: $327.64M (23%)
Puts: $1.08B (77%)
Current vs Prior 7-Day Avg -4.36%
Calls: +51.22%
Puts: -21.15%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 12:25pm) 1.09
Prior (07/24) 1.14
Current vs Prior -4.69%
Prior 7-Day Average 1.13
Current vs Prior 7-Day Avg -3.77%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 12:25pm) 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 0.47% | 0.81%0.47% | 1.17%1.71% | 2.36%3.35% | 4.87%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -40.86% | -21.25%+197.20% | +48.28%+986.31% | +27.08%-3.75% | -2.70%
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 -40.86% | -21.25%+197.20% | +48.28%+986.31% | +27.08%-3.75% | -2.70%
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 -40.86% | -21.25%-40.86% | -13.81%-8.28% | -5.05%-3.75% | -2.70%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.44% | 1.00%
Calls: 1.20% | 0.66%
Puts: 1.68% | 1.34%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior +41.18% | +51.52%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg +41.18% | +51.52%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 63% put dollar volume ($854.96M). 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
12:25BEARISHNEUTRALBEARISH
12:20BEARISHBEARISHBEARISH
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 2,389 of results (avg 3.0%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31139.78139.92$139.850.1%21.006.3K
$700.00Jul 3140.1340.25$40.190.3%1040.976.6K
$690.00Aug 2153.9354.12$54.030.4%280.895.6K
$742.00Sep 415.2215.28$15.250.4%2680.48173
$743.00Sep 414.6014.66$14.630.4%150.4833
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$725.00Aug 53.163.17$3.170.3%5120.24232
$722.00Aug 52.652.66$2.660.4%410.2191
$735.00Jul 292.462.47$2.470.4%7.4K0.3410.8K
$721.00Aug 42.162.17$2.170.5%330.1997
$743.00Aug 2112.4412.50$12.470.5%1.2K0.543.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 566 found (avg $0.37, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$747.00Jul 270.050.06$0.0616.7%132.5K0.038.1K
$761.00Jul 300.050.06$0.0616.7%5110.021.9K
$765.00Jul 310.050.06$0.0616.7%5010.0114.0K
$768.00Aug 30.050.06$0.0616.7%1290.01360
$770.00Aug 40.050.06$0.0616.7%70.01191
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$731.00Jul 270.050.06$0.0616.7%49.1K0.043.8K
$716.00Jul 280.050.06$0.0616.7%1.5K0.01452
$717.00Jul 280.050.06$0.0616.7%1.7K0.01725
$675.00Jul 300.050.06$0.0616.7%20.012.1K
$680.00Jul 300.050.06$0.0616.7%1990.01428

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,163 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27142.60146.17$144.392.5%21.00--
$600.00Jul 27137.61139.83$138.721.6%21.00--
$605.00Jul 27132.60135.07$133.831.8%21.00--
$610.00Jul 27127.61130.15$128.882.0%21.00--
$615.00Jul 27122.61125.88$124.252.6%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$749.00Jul 279.429.78$9.603.7%7371.00116
$750.00Jul 2710.4510.78$10.613.1%7531.00110
$751.00Jul 2711.4211.77$11.603.0%2341.004
$752.00Jul 2712.3612.77$12.573.3%1911.00--
$753.00Jul 2713.4313.79$13.612.6%2771.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,644 active (total vol 7.9M, top 287.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.110.12$0.128.3%287.7K0.0711.6K
$740.00Jul 271.141.16$1.151.7%283.8K0.437.9K
$741.00Jul 270.750.77$0.762.6%282.4K0.338.5K
$742.00Jul 270.480.49$0.492.0%271.7K0.247.9K
$743.00Jul 270.300.31$0.313.2%256.3K0.168.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$737.00Jul 270.630.65$0.643.1%273.5K0.274.9K
$738.00Jul 270.910.93$0.922.2%262.1K0.366.1K
$740.00Jul 271.771.80$1.791.7%254.3K0.5710.2K
$735.00Jul 270.280.29$0.293.4%247.3K0.147.6K
$736.00Jul 270.420.43$0.432.3%237.1K0.208.1K

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 257.0%, max 1283.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4244.5%17.7%1283.4%--58
$870.00Jul 27Sep 4236.8%17.2%1280.3%--529
$860.00Jul 27Aug 31221.3%17.0%1205.5%242.7K
$850.00Jul 27Aug 31205.5%16.0%1181.4%--2.8K
$840.00Jul 27Aug 31189.4%15.0%1159.2%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21121.8%12.6%865.9%1442
$595.00Jul 27Sep 4313.7%35.1%794.9%4261
$605.00Jul 27Aug 31291.3%34.0%756.5%53720.8K
$615.00Jul 27Sep 4269.0%32.0%741.6%1108
$620.00Jul 27Sep 4257.8%31.2%726.6%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,064 found (best R:R 544.45, avg 4.69)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$770.00$775.00Aug 10$0.11$4.89$0.1144.45$770.11
$790.00$795.00Aug 28$0.11$4.89$0.1144.45$790.11
$785.00$790.00Aug 28$0.19$4.81$0.1925.32$785.19
$765.00$770.00Aug 10$0.29$4.71$0.2916.24$765.29
$756.00$757.00Jul 31$0.10$0.90$0.109.00$756.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$660.00$600.00Aug 5$0.11$59.89$0.11544.45$659.89
$610.00$600.00Sep 4$0.12$9.88$0.1282.33$609.88
$630.00$625.00Sep 4$0.10$4.90$0.1049.00$629.90
$690.00$685.00Aug 6$0.11$4.89$0.1144.45$689.89
$645.00$640.00Aug 28$0.11$4.89$0.1144.45$644.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,462 found (best R:R 207.33, avg 2.65)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$625.00$650.00Aug 7$24.88$24.88$0.12207.33$649.88
$655.00$680.00Aug 14$24.77$24.77$0.23107.70$679.77
$600.00$615.00Jul 28$14.86$14.86$0.14106.14$614.86
$660.00$700.00Aug 4$39.60$39.60$0.4099.00$699.60
$675.00$685.00Sep 4$9.87$9.87$0.1375.92$684.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$860.00$855.00Jul 27$4.85$4.85$0.1532.33$855.15
$770.00$760.00Jul 30$9.68$9.68$0.3230.25$760.32
$790.00$780.00Jul 31$9.64$9.64$0.3626.78$780.36
$775.00$772.00Aug 28$2.82$2.82$0.1815.67$772.18
$772.00$770.00Aug 31$1.86$1.86$0.1413.29$770.14

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 228 found (avg debit $1.40, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$711.00Jul 27Jul 28$0.0564.4%29.2%
$751.00Jul 27Jul 28$0.0531.8%14.1%
$660.00Jul 27Jul 29$0.06171.5%51.0%
$750.00Jul 27Jul 28$0.0631.4%14.1%
$799.00Jul 31Aug 21$0.0625.7%12.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$718.00Jul 27Jul 28$0.0555.5%24.8%
$719.00Jul 27Jul 28$0.0653.1%24.3%
$763.00Jul 27Jul 31$0.0652.8%14.3%
$791.00Jul 27Jul 28$0.06105.6%39.0%
$720.00Jul 27Jul 28$0.0750.8%23.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,146 found (cheapest 0.40% of stock, avg 5.19%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$739.00Jul 27$1.66$1.30$2.96$736.04$741.960.40%
$740.00Jul 27$1.15$1.79$2.94$737.06$742.940.40%
$738.00Jul 27$2.29$0.92$3.21$734.79$741.210.43%
$741.00Jul 27$0.76$2.40$3.16$737.84$744.160.43%
$737.00Jul 27$3.01$0.64$3.65$733.35$740.650.49%
$742.00Jul 27$0.49$3.11$3.60$738.40$745.600.49%
$736.00Jul 27$3.82$0.43$4.25$731.75$740.250.57%
$743.00Jul 27$0.31$3.93$4.24$738.76$747.240.57%
$735.00Jul 27$4.66$0.29$4.95$730.05$739.950.67%
$744.00Jul 27$0.19$4.81$5.00$739.00$749.000.68%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.06% of stock, avg 1.85%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$744.00$735.00Jul 27$0.19$0.29$0.48$734.52$744.48
$743.00$735.00Jul 27$0.31$0.29$0.60$734.40$743.60
$744.00$736.00Jul 27$0.19$0.43$0.62$735.38$744.62
$743.00$736.00Jul 27$0.31$0.43$0.74$735.26$743.74
$742.00$735.00Jul 27$0.49$0.29$0.78$734.22$742.78
$744.00$737.00Jul 27$0.19$0.64$0.83$736.17$744.83
$742.00$736.00Jul 27$0.49$0.43$0.92$735.08$742.92
$743.00$737.00Jul 27$0.31$0.64$0.95$736.05$743.95
$741.00$735.00Jul 27$0.76$0.29$1.05$733.95$742.05
$742.00$737.00Jul 27$0.49$0.64$1.13$735.87$743.13

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 442 found (best R:R 44.45, avg credit $2.85)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
650/655665/670Aug 28$4.89$0.1144.45$650.11$669.89
710/715725/730Aug 10$4.88$0.1240.67$710.12$729.88
645/650665/670Aug 28$4.87$0.1337.46$645.13$669.87
640/645665/670Aug 28$4.86$0.1434.71$640.14$669.86
680/685690/697Aug 14$6.78$0.2230.82$678.22$696.78
640/645650/665Aug 28$14.51$0.4929.61$630.49$664.51
695/700710/715Aug 10$4.83$0.1728.41$695.17$714.83
675/680690/697Aug 14$6.74$0.2625.92$673.26$696.74
670/675690/697Aug 14$6.72$0.2824.00$668.28$696.72
680/685690/697Aug 28$6.69$0.3121.58$678.31$696.69

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 354 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$680.00$690.00$700.00Jul 28$0.11$9.8989.91
$670.00$680.00$690.00Jul 28$0.13$9.8775.92
$600.00$605.00$610.00Aug 31$0.07$4.9370.43
$785.00$790.00$795.00Aug 28$0.08$4.9261.50
$705.00$710.00$715.00Sep 4$0.09$4.9154.56
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$660.00$665.00$670.00Aug 28$0.05$4.9599.00
$690.00$695.00$700.00Aug 6$0.06$4.9482.33
$690.00$695.00$700.00Aug 10$0.06$4.9482.33
$680.00$685.00$690.00Sep 4$0.06$4.9482.33
$695.00$700.00$705.00Aug 10$0.07$4.9370.43

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 939 found (best net $-1.05, 932 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$1.05$38.95
$790.00$820.001:2Aug 6-$0.01$29.99
$670.00$700.001:2Jul 29-$9.14$20.86
$825.00$845.001:2Aug 3-$0.01$19.99
$783.00$800.001:2Aug 4-$0.01$16.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$640.001:2Aug 6-$0.06$19.94
$655.00$640.001:2Jul 28-$0.01$14.99
$640.00$625.001:2Aug 3-$0.03$14.97
$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. 399 found (best yield 2.23%, avg 0.54%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$740.00Sep 4$16.490.510.1%2.23%2.32%25679
$741.00Sep 4$15.840.490.2%2.14%2.36%2278
$742.00Sep 4$15.220.480.4%2.06%2.42%268173
$740.00Aug 31$15.130.500.1%2.05%2.13%8002.3K
$740.00Aug 28$14.730.500.1%1.99%2.08%2901.2K
$743.00Sep 4$14.600.480.5%1.97%2.47%1533
$741.00Aug 31$14.480.490.2%1.96%2.18%225273
$741.00Aug 28$14.090.490.2%1.91%2.13%163175
$744.00Sep 4$13.980.470.6%1.89%2.52%5520
$742.00Aug 31$13.850.480.4%1.87%2.23%83353

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 3,768,445
Total Puts 4,100,849
Put/Call Ratio 1.09
Net Difference -332,404

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 26,297,049
Total Puts 30,021,147
Average Put/Call Ratio 1.13
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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