Tour v417
SPY
State Street SPDR S&P 500 ETF Trust
$738.39 -0.07%
7/27 12:45

Option Volume

Detail
Current (07/27 12:45pm) 8,374,383
Calls: 4,061,158 (48%)
Puts: 4,313,225 (52%)
Prior (07/24) 5,689,015
Calls: 2,656,249 (47%)
Puts: 3,032,766 (53%)
Current vs Prior +47.20%
Calls: +52.89% (Calls)
Puts: +42.22% (Puts)
Prior 7-Day Total 60,435,157
Calls: 28,544,792 (47%)
Puts: 31,890,365 (53%)
Prior 7-Day Average 8,633,593
Calls: 4,077,827 (47%)
Puts: 4,555,766 (53%)
Current vs Prior 7-Day Avg -3.00%
Calls: -0.41%
Puts: -5.32%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 12:45pm) $1.42B
Calls: $413.74M (29%)
Puts: $1.01B (71%)
Prior (07/24) $909.07M
Calls: $667.35M (73%)
Puts: $241.73M (27%)
Current vs Prior +56.38%
Calls: -38.00%
Puts: +316.93%
Prior 7-Day Total $10.02B
Calls: $2.92B (29%)
Puts: $7.10B (71%)
Prior 7-Day Average $1.43B
Calls: $417.64M (29%)
Puts: $1.01B (71%)
Current vs Prior 7-Day Avg -0.74%
Calls: -0.93%
Puts: -0.65%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 12:45pm) 1.06
Prior (07/24) 1.14
Current vs Prior -6.98%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg -4.10%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 12:45pm) 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 0.43% | 0.83%0.43% | 1.20%1.73% | 2.40%3.39% | 4.91%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -45.93% | -19.57%+171.72% | +51.56%+1005.03% | +29.14%-2.58% | -1.90%
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 -45.93% | -19.57%+171.72% | +51.56%+1005.03% | +29.14%-2.58% | -1.90%
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 -45.93% | -19.57%-45.93% | -11.91%-6.70% | -3.52%-2.58% | -1.90%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.64% | 0.82%
Calls: 0.66% | 0.65%
Puts: 0.61% | 0.99%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -37.25% | +24.24%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -37.25% | +24.24%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 71% put dollar volume ($1.01B). Elevated premium activity with dollar volume up 56% vs prior. Slightly bearish P/C ratio of 1.06. 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
12:45BEARISHNEUTRALBEARISH
12:40BEARISHNEUTRALBEARISH
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 2,479 of results (avg 2.3%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31138.83138.90$138.870.1%21.006.3K
$700.00Jul 3139.2039.26$39.230.2%1040.966.6K
$690.00Aug 2153.0753.18$53.130.2%280.885.6K
$745.00Sep 412.9612.99$12.980.2%790.4565
$746.00Sep 412.3812.41$12.400.2%660.44307
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Aug 2813.2013.24$13.220.3%4980.511.7K
$734.00Aug 219.719.74$9.730.3%9030.432.6K
$745.00Aug 3115.5315.58$15.560.3%1.2K0.562.4K
$741.00Aug 2112.1812.22$12.200.3%2.2K0.522.1K
$732.00Aug 219.119.14$9.130.3%3080.412.7K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 559 found (avg $0.36, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 270.050.06$0.0616.7%298.3K0.0411.6K
$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%5320.011.9K
$765.00Jul 310.050.06$0.0616.7%7520.0114.0K
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
$670.00Jul 300.050.06$0.0616.7%--0.0122
$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 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27141.78145.03$143.412.3%21.00--
$600.00Jul 27136.78139.83$138.312.2%21.00--
$605.00Jul 27131.82135.03$133.432.4%21.00--
$610.00Jul 27126.78130.03$128.412.5%21.00--
$615.00Jul 27121.78125.03$123.412.6%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$751.00Jul 2811.5713.01$12.2911.7%331.007
$752.00Jul 2812.5613.96$13.2610.6%811.004
$753.00Jul 2813.5616.20$14.8817.7%31.001
$755.00Jul 2815.5617.01$16.298.9%241.001
$756.00Jul 2816.5619.27$17.9215.1%571.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,671 active (total vol 8.4M, top 332.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 270.630.64$0.641.6%332.9K0.307.9K
$741.00Jul 270.370.38$0.382.6%312.9K0.208.5K
$742.00Jul 270.210.22$0.224.5%299.1K0.137.9K
$745.00Jul 270.050.06$0.0616.7%298.3K0.0411.6K
$739.00Jul 271.001.01$1.001.0%281.9K0.417.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$737.00Jul 270.770.78$0.781.3%297.2K0.354.9K
$738.00Jul 271.131.14$1.130.9%294.0K0.476.1K
$735.00Jul 270.330.34$0.342.9%264.4K0.187.6K
$740.00Jul 272.252.27$2.260.9%259.9K0.7010.2K
$736.00Jul 270.510.52$0.521.9%252.9K0.268.1K

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 267.1%, max 1340.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4256.8%17.8%1340.4%--58
$870.00Jul 27Sep 4248.8%17.3%1339.6%--529
$860.00Jul 27Aug 31232.6%17.1%1260.4%242.7K
$850.00Jul 27Aug 31216.2%15.9%1259.8%--2.8K
$840.00Jul 27Aug 31199.4%15.2%1212.6%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21129.0%12.8%908.3%1442
$595.00Jul 27Sep 4324.9%35.1%825.4%4261
$605.00Jul 27Aug 31301.4%34.1%785.2%53720.8K
$615.00Jul 27Sep 4279.0%32.0%771.8%1108
$620.00Jul 27Sep 4266.6%31.2%753.7%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,052 found (best R:R 460.54, avg 4.70)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$770.00$775.00Aug 10$0.10$4.90$0.1049.00$770.10
$790.00$795.00Aug 28$0.10$4.90$0.1049.00$790.10
$785.00$790.00Aug 28$0.18$4.82$0.1826.78$785.18
$765.00$770.00Aug 10$0.26$4.74$0.2618.23$765.26
$758.00$759.00Aug 4$0.10$0.90$0.109.00$758.10
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
$690.00$685.00Aug 5$0.10$4.90$0.1049.00$689.90
$640.00$635.00Aug 28$0.10$4.90$0.1049.00$639.90
$685.00$680.00Aug 7$0.11$4.89$0.1144.45$684.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,460 found (best R:R 110.11, avg 2.34)

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$19.79$19.79$0.2194.24$654.79
$615.00$625.00Aug 7$9.88$9.88$0.1282.33$624.88
$660.00$700.00Aug 4$39.46$39.46$0.5473.07$699.46
$645.00$650.00Aug 21$4.90$4.90$0.1049.00$649.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$780.00$775.00Jul 31$4.90$4.90$0.1049.00$775.10
$780.00$775.00Aug 21$4.87$4.87$0.1337.46$775.13
$770.00$760.00Jul 30$9.62$9.62$0.3825.32$760.38
$760.00$758.00Aug 4$1.90$1.90$0.1019.00$758.10
$775.00$772.00Aug 28$2.85$2.85$0.1519.00$772.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 215 found (avg debit $1.52, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$750.00Jul 27Jul 28$0.0633.4%15.0%
$799.00Jul 31Aug 21$0.0626.2%12.6%
$749.00Jul 27Jul 28$0.0733.0%14.6%
$797.00Jul 31Aug 21$0.0725.4%12.5%
$798.00Jul 31Aug 21$0.0725.8%12.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$717.00Jul 27Jul 28$0.0651.5%25.0%
$718.00Jul 27Jul 28$0.0655.3%24.5%
$719.00Jul 27Jul 28$0.0752.8%23.9%
$720.00Jul 27Jul 28$0.0950.3%23.5%
$721.00Jul 27Jul 28$0.1147.8%23.1%

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%
$738.00Jul 27$1.52$1.13$2.65$735.35$740.650.36%
$739.00Jul 27$1.00$1.63$2.63$736.37$741.630.36%
$740.00Jul 27$0.64$2.26$2.90$737.10$742.900.39%
$737.00Jul 27$2.15$0.78$2.93$734.07$739.930.40%
$736.00Jul 27$2.89$0.52$3.41$732.59$739.410.46%
$741.00Jul 27$0.38$3.01$3.39$737.61$744.390.46%
$735.00Jul 27$3.71$0.34$4.05$730.95$739.050.55%
$742.00Jul 27$0.22$3.85$4.07$737.93$746.070.55%
$734.00Jul 27$4.59$0.22$4.81$729.19$738.810.65%
$743.00Jul 27$0.13$4.76$4.89$738.11$747.890.66%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.05% of stock, avg 1.88%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$743.00$734.00Jul 27$0.13$0.22$0.35$733.65$743.35
$742.00$734.00Jul 27$0.22$0.22$0.44$733.56$742.44
$743.00$735.00Jul 27$0.13$0.34$0.47$734.53$743.47
$741.00$734.00Jul 27$0.38$0.22$0.60$733.40$741.60
$742.00$735.00Jul 27$0.22$0.34$0.56$734.44$742.56
$743.00$736.00Jul 27$0.13$0.52$0.65$735.35$743.65
$741.00$735.00Jul 27$0.38$0.34$0.72$734.28$741.72
$742.00$736.00Jul 27$0.22$0.52$0.74$735.26$742.74
$740.00$734.00Jul 27$0.64$0.22$0.86$733.14$740.86
$741.00$736.00Jul 27$0.38$0.52$0.90$735.10$741.90

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 454 found (best R:R 44.45, avg credit $2.82)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
640/645665/670Aug 28$4.89$0.1144.45$640.11$669.89
645/650665/670Aug 28$4.89$0.1144.45$645.11$669.89
650/655715/720Sep 4$4.89$0.1144.45$650.11$719.89
635/640665/670Aug 28$4.87$0.1337.46$635.13$669.87
645/650715/720Sep 4$4.87$0.1337.46$645.13$719.87
640/645715/720Sep 4$4.86$0.1434.71$640.14$719.86
635/640715/720Sep 4$4.84$0.1630.25$635.16$719.84
640/645650/665Aug 28$14.49$0.5128.41$630.51$664.49
635/640650/665Aug 28$14.47$0.5327.30$625.53$664.47
700/705710/715Aug 10$4.82$0.1826.78$700.18$714.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 259 found (best R:R 110.11, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$680.00$690.00$700.00Jul 28$0.09$9.91110.11
$605.00$615.00$625.00Aug 7$0.11$9.8989.91
$785.00$790.00$795.00Aug 28$0.08$4.9261.50
$660.00$665.00$670.00Aug 3$0.10$4.9049.00
$670.00$675.00$680.00Aug 3$0.10$4.9049.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 4$0.05$4.9599.00
$690.00$695.00$700.00Aug 5$0.05$4.9599.00
$675.00$680.00$685.00Aug 28$0.05$4.9599.00
$680.00$685.00$690.00Sep 4$0.05$4.9599.00
$690.00$695.00$700.00Aug 6$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. 935 found (best net $-0.35, 928 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$660.00$700.001:2Aug 4-$0.35$39.65
$791.00$820.001:2Aug 6-$0.02$28.98
$670.00$700.001:2Jul 29-$8.72$21.28
$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-$0.08$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. 403 found (best yield 2.25%, avg 0.54%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$739.00Sep 4$16.630.500.1%2.25%2.33%18565
$740.00Sep 4$15.990.490.2%2.17%2.38%27979
$741.00Sep 4$15.360.480.3%2.08%2.43%2278
$739.00Aug 31$15.270.500.1%2.07%2.15%1561.0K
$739.00Aug 28$14.870.500.1%2.01%2.10%168212
$742.00Sep 4$14.740.480.5%2.00%2.49%268173
$740.00Aug 31$14.630.490.2%1.98%2.20%8022.3K
$740.00Aug 28$14.230.490.2%1.93%2.15%3291.2K
$743.00Sep 4$14.140.470.6%1.91%2.54%1533
$741.00Aug 31$14.000.480.3%1.90%2.25%226273

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 4,061,158
Total Puts 4,313,225
Put/Call Ratio 1.06
Net Difference -252,067

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 28,544,792
Total Puts 31,890,365
Average Put/Call Ratio 1.11
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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