Tour v416
SPY
State Street SPDR S&P 500 ETF Trust
$738.90 +0.00%
7/27 12:30

Option Volume

Detail
Current (07/27 12:30pm) 8,030,331
Calls: 3,868,791 (48%)
Puts: 4,161,540 (52%)
Prior (07/24) 5,689,015
Calls: 2,656,249 (47%)
Puts: 3,032,766 (53%)
Current vs Prior +41.16%
Calls: +45.65% (Calls)
Puts: +37.22% (Puts)
Prior 7-Day Total 57,349,279
Calls: 26,840,167 (47%)
Puts: 30,509,112 (53%)
Prior 7-Day Average 8,192,754
Calls: 3,834,309 (47%)
Puts: 4,358,444 (53%)
Current vs Prior 7-Day Avg -1.98%
Calls: +0.90%
Puts: -4.52%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 12:30pm) $1.37B
Calls: $449.52M (33%)
Puts: $920.36M (67%)
Prior (07/24) $909.07M
Calls: $667.35M (73%)
Puts: $241.73M (27%)
Current vs Prior +50.69%
Calls: -32.64%
Puts: +280.74%
Prior 7-Day Total $9.83B
Calls: $2.53B (26%)
Puts: $7.31B (74%)
Prior 7-Day Average $1.40B
Calls: $360.76M (26%)
Puts: $1.04B (74%)
Current vs Prior 7-Day Avg -2.47%
Calls: +24.60%
Puts: -11.82%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 12:30pm) 1.08
Prior (07/24) 1.14
Current vs Prior -5.79%
Prior 7-Day Average 1.13
Current vs Prior 7-Day Avg -4.49%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 12:30pm) 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 0.45% | 0.83%0.45% | 1.20%1.74% | 2.40%3.40% | 4.92%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -42.71% | -19.37%+187.90% | +51.46%+1005.99% | +29.27%-2.37% | -1.80%
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 -42.71% | -19.37%+187.90% | +51.46%+1005.99% | +29.27%-2.37% | -1.80%
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 -42.71% | -19.37%-42.71% | -11.96%-6.62% | -3.42%-2.37% | -1.80%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.22% | 0.66%
Calls: 1.05% | 0.59%
Puts: 1.39% | 0.72%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior +19.61% | +0.00%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg +19.61% | +0.00%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 67% put dollar volume ($920.36M). Elevated premium activity with dollar volume up 51% vs prior. Slightly bearish P/C ratio of 1.08. 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
12:30BEARISHNEUTRALBEARISH
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 2,453 of results (avg 2.5%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31139.35139.42$139.390.1%21.006.3K
$700.00Jul 3139.7039.77$39.740.2%1040.976.6K
$690.00Aug 2153.5553.68$53.610.2%280.885.6K
$700.00Aug 2144.3944.51$44.450.3%280.857.6K
$739.00Aug 2113.2313.28$13.260.4%2.3K0.51441
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Aug 2812.9613.00$12.980.3%4860.501.7K
$744.00Aug 2113.1613.21$13.190.4%3.0K0.563.0K
$732.00Aug 218.928.96$8.940.4%3070.402.7K
$745.00Aug 3115.2415.31$15.280.5%1.0K0.562.4K
$726.00Aug 74.274.29$4.280.5%4770.28848

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 559 found (avg $0.37, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$751.00Jul 280.050.06$0.0616.7%5.0K0.022.6K
$756.00Jul 290.050.06$0.0616.7%4160.02955
$761.00Jul 300.050.06$0.0616.7%5110.021.9K
$765.00Jul 310.050.06$0.0616.7%7510.0114.0K
$767.00Aug 30.050.06$0.0616.7%1290.01107
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$715.00Jul 280.050.06$0.0616.7%1.7K0.013.8K
$716.00Jul 280.050.06$0.0616.7%1.5K0.01452
$695.00Jul 290.050.06$0.0616.7%2430.011.1K
$675.00Jul 300.050.06$0.0616.7%20.012.1K
$652.00Jul 310.050.06$0.0616.7%--0.01893

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,166 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27142.19145.54$143.872.3%21.00--
$600.00Jul 27137.19139.83$138.511.9%21.00--
$605.00Jul 27132.19135.07$133.632.2%21.00--
$610.00Jul 27127.19130.15$128.672.3%21.00--
$615.00Jul 27122.19125.54$123.872.7%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$751.00Jul 2811.1512.65$11.9012.6%331.007
$752.00Jul 2812.1213.32$12.729.4%811.004
$753.00Jul 2812.9515.84$14.4020.1%31.001
$755.00Jul 2814.9517.84$16.4017.6%211.001
$756.00Jul 2815.9518.84$17.4016.6%571.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,659 active (total vol 8.0M, top 297.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 270.880.89$0.891.1%297.9K0.367.9K
$741.00Jul 270.550.56$0.561.8%291.1K0.268.5K
$745.00Jul 270.060.07$0.0714.3%290.8K0.0411.6K
$742.00Jul 270.330.34$0.342.9%281.7K0.177.9K
$743.00Jul 270.190.20$0.205.0%261.8K0.118.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$737.00Jul 270.690.70$0.701.4%279.1K0.314.9K
$738.00Jul 271.011.02$1.021.0%269.8K0.416.1K
$740.00Jul 271.982.00$1.991.0%256.6K0.6410.2K
$735.00Jul 270.310.32$0.323.1%252.8K0.167.6K
$736.00Jul 270.470.48$0.482.1%241.8K0.238.1K

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 257.9%, max 1294.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4247.7%17.8%1294.9%--58
$870.00Jul 27Sep 4239.9%17.2%1292.8%--529
$860.00Jul 27Aug 31224.3%17.0%1217.2%242.7K
$850.00Jul 27Aug 31208.3%15.8%1216.9%--2.8K
$840.00Jul 27Aug 31192.1%15.1%1170.9%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21123.9%12.7%874.7%1442
$595.00Jul 27Sep 4315.6%35.1%799.1%4261
$605.00Jul 27Aug 31292.8%34.1%759.8%53720.8K
$615.00Jul 27Sep 4270.3%32.0%744.6%1108
$620.00Jul 27Sep 4259.2%31.3%728.4%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,034 found (best R:R 499.00, avg 4.66)

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$0.18$4.82$0.1826.78$785.18
$765.00$770.00Aug 10$0.28$4.72$0.2816.86$765.28
$750.00$751.00Jul 29$0.10$0.90$0.109.00$750.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$660.00$600.00Aug 5$0.12$59.88$0.12499.00$659.88
$610.00$600.00Sep 4$0.13$9.87$0.1375.92$609.87
$700.00$695.00Aug 3$0.11$4.89$0.1144.45$699.89
$670.00$665.00Aug 14$0.11$4.89$0.1144.45$669.89
$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. 1,447 found (best R:R 165.67, avg 2.69)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$650.00$670.00Aug 7$19.88$19.88$0.12165.67$669.88
$625.00$650.00Aug 7$24.82$24.82$0.18137.89$649.82
$660.00$700.00Aug 4$39.56$39.56$0.4489.91$699.56
$635.00$655.00Aug 14$19.75$19.75$0.2579.00$654.75
$655.00$680.00Aug 14$24.62$24.62$0.3864.79$679.62
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$770.00$760.00Jul 30$9.77$9.77$0.2342.48$760.23
$810.00$805.00Jul 27$4.78$4.78$0.2221.73$805.22
$835.00$830.00Jul 27$4.77$4.77$0.2320.74$830.23
$825.00$820.00Jul 28$4.76$4.76$0.2419.83$820.24
$760.00$758.00Aug 4$1.90$1.90$0.1019.00$758.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 231 found (avg debit $1.40, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$750.00Jul 27Jul 28$0.0631.0%14.4%
$799.00Jul 31Aug 21$0.0625.9%12.5%
$703.00Jul 27Jul 28$0.0780.9%34.8%
$709.00Jul 27Jul 28$0.0768.1%30.6%
$713.00Jul 27Jul 28$0.0759.6%27.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$717.00Jul 27Jul 28$0.0651.0%25.3%
$718.00Jul 27Jul 28$0.0654.8%24.8%
$820.00Jul 27Jul 28$0.06158.7%58.2%
$719.00Jul 27Jul 28$0.0752.3%24.2%
$775.00Jul 27Jul 31$0.0777.8%17.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,149 found (cheapest 0.38% of stock, avg 5.20%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$739.00Jul 27$1.34$1.44$2.78$736.22$741.780.38%
$740.00Jul 27$0.89$1.99$2.88$737.12$742.880.39%
$738.00Jul 27$1.90$1.02$2.92$735.08$740.920.40%
$741.00Jul 27$0.56$2.67$3.23$737.77$744.230.44%
$737.00Jul 27$2.59$0.70$3.29$733.71$740.290.45%
$742.00Jul 27$0.34$3.44$3.78$738.22$745.780.51%
$736.00Jul 27$3.36$0.48$3.84$732.16$739.840.52%
$735.00Jul 27$4.20$0.32$4.52$730.48$739.520.61%
$743.00Jul 27$0.20$4.30$4.50$738.50$747.500.61%
$734.00Jul 27$5.10$0.21$5.31$728.69$739.310.72%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.06% of stock, avg 1.87%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$743.00$734.00Jul 27$0.20$0.21$0.41$733.59$743.41
$742.00$734.00Jul 27$0.34$0.21$0.55$733.45$742.55
$743.00$735.00Jul 27$0.20$0.32$0.52$734.48$743.52
$742.00$735.00Jul 27$0.34$0.32$0.66$734.34$742.66
$743.00$736.00Jul 27$0.20$0.48$0.68$735.32$743.68
$741.00$734.00Jul 27$0.56$0.21$0.77$733.23$741.77
$742.00$736.00Jul 27$0.34$0.48$0.82$735.18$742.82
$741.00$735.00Jul 27$0.56$0.32$0.88$734.12$741.88
$743.00$737.00Jul 27$0.20$0.70$0.90$736.10$743.90
$741.00$736.00Jul 27$0.56$0.48$1.04$734.96$742.04

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 458 found (best R:R 54.56, avg credit $3.00)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
640/645650/665Aug 28$14.73$0.2754.56$630.27$664.73
655/660665/670Aug 28$4.89$0.1144.45$655.11$669.89
670/675685/690Aug 28$4.87$0.1337.46$670.13$689.87
670/675680/685Aug 14$4.86$0.1434.71$670.14$684.86
650/655665/670Aug 28$4.86$0.1434.71$650.14$669.86
645/650665/670Aug 28$4.85$0.1532.33$645.15$669.85
665/670680/685Aug 14$4.84$0.1630.25$665.16$684.84
640/645665/670Aug 28$4.83$0.1728.41$640.17$669.83
665/670685/690Aug 28$4.83$0.1728.41$665.17$689.83
700/705710/715Aug 10$4.81$0.1925.32$700.19$714.81

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 255 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$680.00$690.00$700.00Jul 28$0.13$9.8775.92
$785.00$790.00$795.00Aug 28$0.07$4.9370.43
$675.00$680.00$685.00Aug 3$0.10$4.9049.00
$600.00$605.00$610.00Aug 21$0.12$4.8840.67
$723.00$725.00$727.00Aug 4$0.05$1.9539.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 4$0.05$4.9599.00
$670.00$675.00$680.00Aug 28$0.05$4.9599.00
$680.00$685.00$690.00Aug 28$0.05$4.9599.00
$690.00$695.00$700.00Aug 10$0.06$4.9482.33
$680.00$685.00$690.00Sep 4$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. 933 found (best net $-0.64, 926 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$0.64$39.36
$791.00$820.001:2Aug 6-$0.01$28.99
$670.00$700.001:2Jul 29-$9.28$20.72
$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-$0.07$19.93
$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-$0.08$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. 409 found (best yield 2.28%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$739.00Sep 4$16.850.510.0%2.28%2.29%15565
$740.00Sep 4$16.270.500.1%2.20%2.35%25679
$741.00Sep 4$15.640.490.3%2.12%2.40%2278
$739.00Aug 31$15.560.510.0%2.11%2.12%1531.0K
$739.00Aug 28$15.160.510.0%2.05%2.07%85212
$742.00Sep 4$15.010.470.4%2.03%2.45%268173
$740.00Aug 31$14.910.490.1%2.02%2.17%8012.3K
$740.00Aug 28$14.520.500.1%1.97%2.11%3261.2K
$743.00Sep 4$14.390.470.6%1.95%2.50%1533
$741.00Aug 31$14.280.480.3%1.93%2.22%225273

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 3,868,791
Total Puts 4,161,540
Put/Call Ratio 1.08
Net Difference -292,749

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 26,840,167
Total Puts 30,509,112
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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