Tour v416
SPY
State Street SPDR S&P 500 ETF Trust
$738.97 +0.01%
(7/27 12:30) ◀
|
Monday, July 27, 2026 (12:35pm)
January 2026
|
▶ (7/27 12:40)
◀ 7/27 12:35 ▶

Option Volume

Detail
ℹ
Current (07/27 12:35pm) 8,154,221
Calls: 3,939,487 (48%)
Puts: 4,214,734 (52%)
Prior (07/24) 5,689,015
Calls: 2,656,249 (47%)
Puts: 3,032,766 (53%)
Current vs Prior +43.33%
Calls: +48.31% (Calls)
Puts: +38.97% (Puts)
Prior 7-Day Total 58,384,958
Calls: 27,415,119 (47%)
Puts: 30,969,839 (53%)
Prior 7-Day Average 8,340,708
Calls: 3,916,445 (47%)
Puts: 4,424,262 (53%)
Current vs Prior 7-Day Avg -2.24%
Calls: +0.59%
Puts: -4.74%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/27 12:35pm) $1.36B
Calls: $455.60M (33%)
Puts: $909.15M (67%)
Prior (07/24) $909.07M
Calls: $667.35M (73%)
Puts: $241.73M (27%)
Current vs Prior +50.13%
Calls: -31.73%
Puts: +276.11%
Prior 7-Day Total $9.86B
Calls: $2.68B (27%)
Puts: $7.18B (73%)
Prior 7-Day Average $1.41B
Calls: $383.17M (27%)
Puts: $1.03B (73%)
Current vs Prior 7-Day Avg -3.15%
Calls: +18.90%
Puts: -11.38%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/27 12:35pm) 1.07
Prior (07/24) 1.14
Current vs Prior -6.30%
Prior 7-Day Average 1.12
Current vs Prior 7-Day Avg -4.42%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/27 12:35pm) 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 0.44% | 0.83%0.44% | 1.19%1.73% | 2.40%3.39% | 4.92%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -44.09% | -19.77%+181.02% | +50.93%+1003.25% | +29.11%-2.46% | -1.84%
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 -44.09% | -19.77%+181.02% | +50.93%+1003.25% | +29.11%-2.46% | -1.84%
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 -44.09% | -19.77%-44.08% | -12.27%-6.85% | -3.54%-2.46% | -1.84%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 0.90% | 0.66%
Calls: 1.06% | 0.59%
Puts: 0.73% | 0.73%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -11.76% | +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 -11.76% | +0.00%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 67% put dollar volume ($909.15M). Elevated premium activity with dollar volume up 50% vs prior. Slightly bearish P/C ratio of 1.07. 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
12:35BEARISHNEUTRALBEARISH
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 2,459 of results (avg 2.4%, best 0.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31139.41139.47$139.440.0%21.006.3K
$700.00Jul 3139.7539.82$39.780.2%1040.976.6K
$690.00Aug 2153.5953.69$53.640.2%280.895.6K
$700.00Aug 2144.4344.53$44.480.2%280.857.6K
$740.00Sep 416.3016.35$16.330.3%2560.5079
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Aug 2812.9212.96$12.940.3%4970.501.7K
$730.00Aug 146.926.95$6.940.4%8470.363.8K
$740.00Aug 2111.5011.55$11.530.4%4.9K0.5026.4K
$724.00Aug 216.896.92$6.900.4%2.8K0.315.9K
$737.00Aug 66.846.87$6.860.4%1140.45124

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 564 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%4180.02955
$761.00Jul 300.050.06$0.0616.7%5320.021.9K
$765.00Jul 310.050.06$0.0616.7%7510.0114.0K
$767.00Aug 30.050.06$0.0616.7%1300.01107
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$731.00Jul 270.050.06$0.0616.7%52.8K0.033.8K
$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

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,167 found (avg delta 0.83, 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
$747.00Jul 278.018.33$8.173.9%8.0K1.001.8K
$748.00Jul 279.009.32$9.163.5%2.4K1.001.4K
$749.00Jul 2710.0010.12$10.061.2%7371.00116
$750.00Jul 2710.9911.32$11.163.0%7581.00110
$751.00Jul 2711.9912.31$12.152.6%2351.004

Most actively traded options today. High liquidity = easy entry/exit. 2,665 active (total vol 8.1M, top 313.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 270.850.86$0.861.2%313.0K0.387.9K
$741.00Jul 270.530.54$0.541.9%299.4K0.278.5K
$745.00Jul 270.060.07$0.0714.3%293.0K0.0411.6K
$742.00Jul 270.310.32$0.323.1%287.2K0.187.9K
$743.00Jul 270.180.19$0.195.3%266.2K0.118.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$737.00Jul 270.630.64$0.641.6%285.4K0.284.9K
$738.00Jul 270.940.95$0.951.1%278.4K0.396.1K
$740.00Jul 271.901.92$1.911.0%258.0K0.6210.2K
$735.00Jul 270.270.28$0.283.6%255.8K0.147.6K
$736.00Jul 270.420.43$0.432.3%246.1K0.208.1K

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 261.2%, max 1310.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4250.1%17.7%1310.7%--58
$870.00Jul 27Sep 4242.2%17.2%1307.9%--529
$860.00Jul 27Aug 31226.4%17.0%1232.2%242.7K
$850.00Jul 27Aug 31210.3%15.8%1231.8%--2.8K
$840.00Jul 27Aug 31193.9%15.1%1185.3%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21124.9%12.7%885.5%1442
$595.00Jul 27Sep 4319.6%35.1%811.1%4261
$605.00Jul 27Aug 31296.5%34.0%771.7%53720.8K
$615.00Jul 27Sep 4273.7%32.0%754.9%1108
$620.00Jul 27Sep 4262.5%31.3%739.9%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,041 found (best R:R 499.00, avg 4.68)

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$0.28$4.72$0.2816.86$765.28
$761.00$762.00Aug 6$0.10$0.90$0.109.00$761.10
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
$640.00$635.00Aug 28$0.10$4.90$0.1049.00$639.90
$700.00$695.00Aug 3$0.11$4.89$0.1144.45$699.89
$690.00$685.00Aug 6$0.11$4.89$0.1144.45$689.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,458 found (best R:R 110.11, avg 2.54)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$650.00$670.00Aug 7$19.82$19.82$0.18110.11$669.82
$635.00$655.00Aug 14$19.76$19.76$0.2482.33$654.76
$660.00$700.00Aug 4$39.50$39.50$0.5079.00$699.50
$690.00$700.00Jul 28$9.83$9.83$0.1757.82$699.83
$615.00$625.00Aug 31$9.81$9.81$0.1951.63$624.81
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$770.00$760.00Jul 30$9.80$9.80$0.2049.00$760.20
$825.00$820.00Jul 28$4.85$4.85$0.1532.33$820.15
$780.00$775.00Aug 31$4.81$4.81$0.1925.32$775.19
$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

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 238 found (avg debit $1.37, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$750.00Jul 27Jul 28$0.0630.8%14.2%
$799.00Jul 31Aug 21$0.0625.8%12.5%
$797.00Jul 31Aug 21$0.0725.1%12.3%
$798.00Jul 31Aug 21$0.0725.5%12.5%
$718.00Jul 27Jul 28$0.0855.9%25.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$718.00Jul 27Jul 28$0.0555.9%25.0%
$717.00Jul 27Jul 28$0.0652.0%25.5%
$719.00Jul 27Jul 28$0.0653.4%24.0%
$780.00Jul 27Jul 31$0.0687.9%18.5%
$820.00Jul 27Jul 28$0.06160.1%58.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,150 found (cheapest 0.36% of stock, avg 5.19%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$739.00Jul 27$1.31$1.37$2.68$736.32$741.680.36%
$740.00Jul 27$0.86$1.91$2.77$737.23$742.770.37%
$738.00Jul 27$1.89$0.95$2.84$735.16$740.840.38%
$741.00Jul 27$0.54$2.59$3.13$737.87$744.130.42%
$737.00Jul 27$2.59$0.64$3.23$733.77$740.230.44%
$742.00Jul 27$0.32$3.38$3.70$738.30$745.700.50%
$736.00Jul 27$3.37$0.43$3.80$732.20$739.800.51%
$743.00Jul 27$0.19$4.23$4.42$738.58$747.420.60%
$735.00Jul 27$4.22$0.28$4.50$730.50$739.500.61%
$744.00Jul 27$0.11$5.17$5.28$738.72$749.280.71%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.05% of stock, avg 1.87%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$744.00$735.00Jul 27$0.11$0.28$0.39$734.61$744.39
$743.00$735.00Jul 27$0.19$0.28$0.47$734.53$743.47
$744.00$736.00Jul 27$0.11$0.43$0.54$735.46$744.54
$742.00$735.00Jul 27$0.32$0.28$0.60$734.40$742.60
$743.00$736.00Jul 27$0.19$0.43$0.62$735.38$743.62
$742.00$736.00Jul 27$0.32$0.43$0.75$735.25$742.75
$744.00$737.00Jul 27$0.11$0.64$0.75$736.25$744.75
$741.00$735.00Jul 27$0.54$0.28$0.82$734.18$741.82
$743.00$737.00Jul 27$0.19$0.64$0.83$736.17$743.83
$741.00$736.00Jul 27$0.54$0.43$0.97$735.03$741.97

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 448 found (best R:R 33.88, avg credit $2.95)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
640/645650/665Aug 28$14.57$0.4333.88$630.43$664.57
635/640650/665Aug 28$14.56$0.4433.09$625.44$664.56
670/675680/685Aug 14$4.81$0.1925.32$670.19$684.81
680/685690/697Aug 14$6.71$0.2923.14$678.29$696.71
665/670680/685Aug 14$4.79$0.2122.81$665.21$684.79
665/670675/685Sep 4$9.58$0.4222.81$660.42$684.58
660/665675/685Sep 4$9.56$0.4421.73$655.44$684.56
655/660675/685Sep 4$9.53$0.4720.28$650.47$684.53
675/680690/697Aug 14$6.67$0.3320.21$673.33$696.67
650/655675/685Sep 4$9.51$0.4919.41$645.49$684.51

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 251 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$665.00$670.00$675.00Aug 3$0.07$4.9370.43
$695.00$700.00$705.00Aug 7$0.07$4.9370.43
$785.00$790.00$795.00Aug 28$0.08$4.9261.50
$600.00$605.00$610.00Aug 21$0.12$4.8840.67
$605.00$610.00$615.00Jul 27$0.16$4.8430.25
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$680.00$685.00$690.00Aug 14$0.05$4.9599.00
$690.00$695.00$700.00Aug 5$0.06$4.9482.33
$675.00$680.00$685.00Aug 28$0.06$4.9482.33
$675.00$680.00$685.00Sep 4$0.06$4.9482.33
$690.00$695.00$700.00Aug 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. 937 found (best net $-0.78, 930 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$0.78$39.22
$791.00$820.001:2Aug 6-$0.02$28.98
$670.00$700.001:2Jul 29-$9.17$20.83
$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-$0.09$14.91
$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. 410 found (best yield 2.29%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$739.00Sep 4$16.940.510.0%2.29%2.30%16565
$740.00Sep 4$16.300.500.1%2.21%2.35%25679
$741.00Sep 4$15.660.490.3%2.12%2.39%2278
$739.00Aug 31$15.580.510.0%2.11%2.11%1541.0K
$739.00Aug 28$15.180.510.0%2.05%2.06%87212
$742.00Sep 4$15.030.480.4%2.03%2.44%268173
$740.00Aug 31$14.930.500.1%2.02%2.16%8012.3K
$740.00Aug 28$14.540.500.1%1.97%2.11%3261.2K
$743.00Sep 4$14.420.470.6%1.95%2.50%1533
$741.00Aug 31$14.300.480.3%1.94%2.21%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 3,939,487
Total Puts 4,214,734
Put/Call Ratio 1.07
Net Difference -275,247

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 27,415,119
Total Puts 30,969,839
Average Put/Call Ratio 1.12
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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