Tour v417
SPY
State Street SPDR S&P 500 ETF Trust
$737.03 -0.26%
7/27 12:55

Option Volume

Detail
Current (07/27 12:55pm) 8,650,173
Calls: 4,199,383 (49%)
Puts: 4,450,790 (51%)
Prior (07/24) 7,591,115
Calls: 3,440,437 (45%)
Puts: 4,150,678 (55%)
Current vs Prior +13.95%
Calls: +22.06% (Calls)
Puts: +7.23% (Puts)
Prior 7-Day Total 62,263,489
Calls: 29,572,636 (47%)
Puts: 32,690,853 (53%)
Prior 7-Day Average 8,894,784
Calls: 4,224,662 (47%)
Puts: 4,670,121 (53%)
Current vs Prior 7-Day Avg -2.75%
Calls: -0.60%
Puts: -4.70%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 12:55pm) $1.62B
Calls: $335.19M (21%)
Puts: $1.28B (79%)
Prior (07/24) $1.07B
Calls: $589.44M (55%)
Puts: $475.90M (45%)
Current vs Prior +51.65%
Calls: -43.13%
Puts: +169.04%
Prior 7-Day Total $10.01B
Calls: $3.12B (31%)
Puts: $6.89B (69%)
Prior 7-Day Average $1.43B
Calls: $445.21M (31%)
Puts: $984.53M (69%)
Current vs Prior 7-Day Avg +13.00%
Calls: -24.71%
Puts: +30.05%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 12:55pm) 1.06
Prior (07/24) 1.21
Current vs Prior -12.15%
Prior 7-Day Average 1.10
Current vs Prior 7-Day Avg -3.28%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 12:55pm) 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 0.44% | 0.86%0.44% | 1.23%1.77% | 2.45%3.44% | 4.96%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -44.11% | -16.67%+180.89% | +55.80%+1029.49% | +31.85%-1.03% | -0.96%
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 -44.11% | -16.67%+180.89% | +55.80%+1029.49% | +31.85%-1.03% | -0.96%
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 -44.11% | -16.67%-44.11% | -9.44%-4.63% | -1.49%-1.03% | -0.96%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.90% | 0.78%
Calls: 0.72% | 0.66%
Puts: 1.07% | 0.90%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -11.76% | +18.18%
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% | +18.18%
Liquidity Excellent
+
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🤖 AI Insights

Strong bearish conviction with 79% of dollar volume in puts ($1.28B) vs calls ($335.19M). Elevated premium activity with dollar volume up 52% 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 BEARISH
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
12:55BEARISHNEUTRALBEARISH
12:50BEARISHNEUTRALBEARISH
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 2,491 of results (avg 2.2%, best 0.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31137.52137.58$137.550.0%21.006.3K
$700.00Jul 3137.9438.00$37.970.2%1040.966.6K
$690.00Aug 2151.9452.04$51.990.2%380.885.6K
$700.00Aug 2142.8642.96$42.910.2%280.837.6K
$740.00Aug 2111.7011.73$11.720.3%5.6K0.486.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$735.00Jul 304.494.50$4.500.2%5.9K0.435.7K
$720.00Aug 216.686.70$6.690.3%5.8K0.3054.7K
$745.00Aug 3116.3516.40$16.380.3%1.2K0.572.4K
$744.00Aug 3115.9015.95$15.930.3%5020.56962
$740.00Aug 2112.5412.58$12.560.3%4.9K0.5226.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 556 found (avg $0.36, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 280.050.06$0.0616.7%25.2K0.029.8K
$760.00Jul 300.050.06$0.0616.7%1.4K0.013.2K
$764.00Jul 310.050.06$0.0616.7%5280.013.7K
$766.00Aug 30.050.06$0.0616.7%2820.0168
$767.00Aug 30.050.06$0.0616.7%1300.01107
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$729.00Jul 270.050.06$0.0616.7%45.8K0.032.8K
$714.00Jul 280.050.06$0.0616.7%8310.01884
$695.00Jul 290.050.06$0.0616.7%2430.011.1K
$670.00Jul 300.050.06$0.0616.7%--0.0122
$647.00Jul 310.050.06$0.0616.7%--0.01435

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,173 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$590.00Jul 27145.73148.89$147.312.1%21.00--
$595.00Jul 27140.73143.89$142.312.2%21.00--
$600.00Jul 27135.68138.89$137.292.3%21.00--
$605.00Jul 27130.73133.89$132.312.4%21.00--
$610.00Jul 27125.73128.89$127.312.5%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 2811.7313.07$12.4010.8%4171.00336
$751.00Jul 2812.7214.06$13.3910.0%331.007
$752.00Jul 2813.7215.06$14.399.3%811.004
$753.00Jul 2814.6117.28$15.9516.7%31.001
$755.00Jul 2816.6119.32$17.9715.1%251.001

Most actively traded options today. High liquidity = easy entry/exit. 2,691 active (total vol 8.6M, top 353.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 270.330.34$0.342.9%353.8K0.197.9K
$741.00Jul 270.190.20$0.205.0%328.5K0.128.5K
$742.00Jul 270.110.12$0.128.3%313.6K0.087.9K
$739.00Jul 270.560.57$0.561.8%302.8K0.297.2K
$745.00Jul 270.030.04$0.0425.0%302.0K0.0211.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$737.00Jul 271.331.34$1.340.7%321.5K0.484.9K
$738.00Jul 271.861.88$1.871.1%310.7K0.606.1K
$735.00Jul 270.620.63$0.631.6%278.6K0.277.6K
$736.00Jul 270.930.94$0.941.1%267.2K0.378.1K
$740.00Jul 273.283.30$3.290.6%262.0K0.8110.2K

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 277.4%, max 1377.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4265.3%18.0%1377.4%--58
$870.00Jul 27Sep 4257.2%17.4%1374.6%--529
$860.00Jul 27Aug 31240.6%17.3%1294.1%242.7K
$850.00Jul 27Aug 31223.8%16.1%1292.0%--2.8K
$840.00Jul 27Aug 31206.6%15.3%1247.1%1208.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 21134.5%13.0%932.1%1442
$590.00Jul 27Sep 4343.0%35.9%855.5%81647
$595.00Jul 27Sep 4330.8%35.1%841.3%4261
$605.00Jul 27Aug 31306.7%34.1%799.2%53720.8K
$615.00Jul 27Sep 4282.8%32.1%782.4%1108

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,083 found (best R:R 427.57, avg 4.51)

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$0.23$4.77$0.2320.74$765.23
$745.00$746.00Jul 28$0.10$0.90$0.109.00$745.10
$776.00$777.00Aug 28$0.10$0.90$0.109.00$776.10
$698.00$699.00Aug 31$0.10$0.90$0.109.00$698.10
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
$675.00$670.00Aug 10$0.10$4.90$0.1049.00$674.90
$640.00$635.00Aug 28$0.10$4.90$0.1049.00$639.90
$630.00$625.00Sep 4$0.10$4.90$0.1049.00$629.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,469 found (best R:R 177.57, avg 2.27)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$625.00$650.00Aug 7$24.86$24.86$0.14177.57$649.86
$635.00$655.00Aug 14$19.82$19.82$0.18110.11$654.82
$650.00$670.00Aug 7$19.81$19.81$0.19104.26$669.81
$660.00$700.00Aug 4$39.52$39.52$0.4882.33$699.52
$590.00$650.00Aug 28$58.95$58.95$1.0556.14$648.95
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$780.00$775.00Aug 21$4.72$4.72$0.2816.86$775.28
$762.00$760.00Aug 3$1.85$1.85$0.1512.33$760.15
$772.00$770.00Aug 28$1.83$1.83$0.1710.76$770.17
$760.00$758.00Jul 30$1.82$1.82$0.1810.11$758.18
$755.00$754.00Aug 3$0.90$0.90$0.109.00$754.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 216 found (avg debit $1.55, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$600.00Jul 27Jul 28$0.06318.7%111.3%
$749.00Jul 27Jul 28$0.0634.6%15.2%
$798.00Jul 31Aug 21$0.0626.3%12.9%
$799.00Jul 31Aug 21$0.0626.7%12.9%
$796.00Jul 31Aug 21$0.0725.5%12.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$757.00Jul 27Jul 28$0.0554.3%18.9%
$715.00Jul 27Jul 28$0.0654.9%25.9%
$756.00Jul 27Jul 28$0.0651.8%18.1%
$716.00Jul 27Jul 28$0.0752.6%25.4%
$755.00Jul 27Jul 28$0.0749.4%17.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,156 found (cheapest 0.37% of stock, avg 5.25%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$737.00Jul 27$1.38$1.34$2.72$734.28$739.720.37%
$738.00Jul 27$0.92$1.87$2.79$735.21$740.790.38%
$736.00Jul 27$1.97$0.94$2.91$733.09$738.910.39%
$739.00Jul 27$0.56$2.52$3.08$735.92$742.080.42%
$735.00Jul 27$2.68$0.63$3.31$731.69$738.310.45%
$740.00Jul 27$0.34$3.29$3.63$736.37$743.630.49%
$734.00Jul 27$3.47$0.42$3.89$730.11$737.890.53%
$741.00Jul 27$0.20$4.14$4.34$736.66$745.340.59%
$733.00Jul 27$4.32$0.28$4.60$728.40$737.600.62%
$742.00Jul 27$0.12$5.02$5.14$736.86$747.140.70%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.05% of stock, avg 1.92%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$742.00$733.00Jul 27$0.12$0.28$0.40$732.60$742.40
$741.00$733.00Jul 27$0.20$0.28$0.48$732.52$741.48
$742.00$734.00Jul 27$0.12$0.42$0.54$733.46$742.54
$740.00$733.00Jul 27$0.34$0.28$0.62$732.38$740.62
$741.00$734.00Jul 27$0.20$0.42$0.62$733.38$741.62
$740.00$734.00Jul 27$0.34$0.42$0.76$733.24$740.76
$742.00$735.00Jul 27$0.12$0.63$0.75$734.25$742.75
$739.00$733.00Jul 27$0.56$0.28$0.84$732.16$739.84
$741.00$735.00Jul 27$0.20$0.63$0.83$734.17$741.83
$739.00$734.00Jul 27$0.56$0.42$0.98$733.02$739.98

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 448 found (best R:R 75.92, avg credit $2.85)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
650/655675/685Sep 4$9.87$0.1375.92$645.13$684.87
645/650675/685Sep 4$9.86$0.1470.43$640.14$684.86
640/645675/685Sep 4$9.83$0.1757.82$635.17$684.83
600/610675/685Sep 4$9.82$0.1854.56$600.18$684.82
630/635675/685Sep 4$9.81$0.1951.63$625.19$684.81
635/640675/685Sep 4$9.81$0.1951.63$630.19$684.81
665/670680/685Aug 14$4.89$0.1144.45$665.11$684.89
625/630675/685Sep 4$9.78$0.2244.45$620.22$684.78
640/645650/665Aug 28$14.42$0.5824.86$630.58$664.42
635/640650/665Aug 28$14.40$0.6024.00$625.60$664.40

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 242 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$785.00$790.00$795.00Aug 28$0.07$4.9370.43
$685.00$690.00$695.00Aug 3$0.08$4.9261.50
$675.00$680.00$685.00Aug 3$0.09$4.9154.56
$660.00$665.00$670.00Aug 3$0.10$4.9049.00
$765.00$770.00$775.00Aug 10$0.14$4.8634.71
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$680.00$685.00$690.00Aug 14$0.05$4.9599.00
$690.00$695.00$700.00Aug 3$0.06$4.9482.33
$690.00$695.00$700.00Aug 4$0.06$4.9482.33
$680.00$685.00$690.00Sep 4$0.06$4.9482.33
$685.00$690.00$695.00Aug 5$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. 927 found (best net $-0.02, 919 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$791.00$820.001:2Aug 6-$0.02$28.98
$590.00$650.001:2Aug 28-$32.29$27.71
$670.00$700.001:2Jul 29-$7.65$22.35
$783.00$800.001:2Aug 4-$0.01$16.99
$820.00$835.001:2Aug 5$0.00$15.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$655.00$640.001:2Jul 28-$0.01$14.99
$630.00$615.001:2Aug 6-$0.09$14.91
$605.00$595.001:2Jul 27-$0.01$9.99
$615.00$605.001:2Jul 27-$0.01$9.99
$615.00$605.001:2Jul 28-$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 2.25%, avg 0.54%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$738.00Sep 4$16.620.500.1%2.25%2.39%4122
$739.00Sep 4$15.980.490.3%2.17%2.44%18565
$740.00Sep 4$15.350.480.4%2.08%2.49%28479
$738.00Aug 31$15.260.500.1%2.07%2.20%328417
$738.00Aug 28$14.870.500.1%2.02%2.15%339149
$741.00Sep 4$14.730.480.5%2.00%2.54%2278
$739.00Aug 31$14.630.490.3%1.98%2.25%1561.0K
$739.00Aug 28$14.230.490.3%1.93%2.20%232212
$742.00Sep 4$14.130.470.7%1.92%2.59%268173
$740.00Aug 31$14.010.480.4%1.90%2.30%8032.3K

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 4,199,383
Total Puts 4,450,790
Put/Call Ratio 1.06
Net Difference -251,407

Prior's Put/Call Breakdown

Total Calls 3,440,437
Total Puts 4,150,678
Put/Call Ratio 1.21
Net Difference -710,241

Prior 7-Day Put/Call Summary

Total Calls 29,572,636
Total Puts 32,690,853
Average Put/Call Ratio 1.10
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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