Tour v418
SPY
State Street SPDR S&P 500 ETF Trust
$736.35 -0.35%
(7/27 13:05) ◀
|
Monday, July 27, 2026 (1:10pm)
January 2026
|
▶ (7/27 13:15)
◀ 7/27 13:10 ▶

Option Volume

Detail
ℹ
Current (07/27 1:10pm) 9,078,967
Calls: 4,403,612 (49%)
Puts: 4,675,355 (51%)
Prior (07/24) 7,983,128
Calls: 3,608,871 (45%)
Puts: 4,374,257 (55%)
Current vs Prior +13.73%
Calls: +22.02% (Calls)
Puts: +6.88% (Puts)
Prior 7-Day Total 64,620,909
Calls: 30,821,095 (48%)
Puts: 33,799,814 (52%)
Prior 7-Day Average 9,231,558
Calls: 4,403,013 (48%)
Puts: 4,828,544 (52%)
Current vs Prior 7-Day Avg -1.65%
Calls: +0.01%
Puts: -3.17%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/27 1:10pm) $1.78B
Calls: $315.41M (18%)
Puts: $1.47B (82%)
Prior (07/24) $1.11B
Calls: $520.41M (47%)
Puts: $588.79M (53%)
Current vs Prior +60.88%
Calls: -39.39%
Puts: +149.51%
Prior 7-Day Total $11.02B
Calls: $2.69B (24%)
Puts: $8.33B (76%)
Prior 7-Day Average $1.57B
Calls: $384.17M (24%)
Puts: $1.19B (76%)
Current vs Prior 7-Day Avg +13.37%
Calls: -17.90%
Puts: +23.46%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/27 1:10pm) 1.06
Prior (07/24) 1.21
Current vs Prior -12.41%
Prior 7-Day Average 1.09
Current vs Prior 7-Day Avg -2.41%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/27 1:10pm) 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 0.43% | 0.88%0.43% | 1.25%1.80% | 2.49%3.48% | 4.99%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -45.26% | -15.15%+175.10% | +58.53%+1049.62% | +33.66%-0.08% | -0.33%
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 -45.26% | -15.15%+175.10% | +58.53%+1049.62% | +33.66%-0.08% | -0.33%
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 -45.26% | -15.15%-45.26% | -7.85%-2.93% | -0.14%-0.08% | -0.33%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 0.33% | 0.62%
Calls: 0.66% | 0.62%
Puts: -- | --
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -67.65% | -6.06%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -67.65% | -6.06%
Liquidity Excellent
+
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🤖 AI Insights

Strong bearish conviction with 82% of dollar volume in puts ($1.47B) vs calls ($315.41M). Elevated premium activity with dollar volume up 61% 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 BEARISH
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
13:10BEARISHNEUTRALBEARISH
13:05BEARISHNEUTRALBEARISH
13:00BEARISHNEUTRALBEARISH
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 2,444 of results (avg 2.2%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31136.80136.90$136.850.1%21.006.3K
$690.00Aug 2151.2951.40$51.350.2%380.875.6K
$700.00Jul 3137.2437.33$37.280.2%1060.966.6K
$739.00Aug 2111.9611.99$11.980.3%2.7K0.48441
$737.00Aug 3115.5215.56$15.540.3%2030.50313
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$732.00Aug 148.618.63$8.620.2%2040.42509
$731.00Sep 412.2812.31$12.300.2%550.433
$729.00Sep 411.6811.71$11.700.3%210.4175
$729.00Aug 147.707.72$7.710.3%1600.38988
$728.00Sep 411.3911.42$11.410.3%100.409

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 555 found (avg $0.35, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$743.00Jul 270.050.06$0.0616.7%283.1K0.048.0K
$750.00Jul 280.050.06$0.0616.7%26.3K0.029.8K
$755.00Jul 290.050.06$0.0616.7%1.3K0.023.2K
$760.00Jul 300.050.06$0.0616.7%1.4K0.013.2K
$764.00Jul 310.050.06$0.0616.7%5280.013.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$712.00Jul 280.050.06$0.0616.7%2.4K0.01529
$713.00Jul 280.050.06$0.0616.7%7400.01496
$670.00Jul 300.050.06$0.0616.7%--0.0122
$645.00Jul 310.050.06$0.0616.7%9520.0117.8K
$646.00Jul 310.050.06$0.0616.7%1.1K0.01244

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,180 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$590.00Jul 27144.65148.16$146.412.4%21.00--
$595.00Jul 27139.65143.16$141.412.5%21.00--
$600.00Jul 27134.65138.16$136.412.6%21.00--
$605.00Jul 27129.65133.16$131.412.7%21.00--
$610.00Jul 27124.65128.16$126.412.8%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$744.00Jul 277.477.78$7.634.1%103.5K1.001.7K
$745.00Jul 278.528.77$8.652.9%54.5K1.002.7K
$746.00Jul 279.539.77$9.652.5%18.4K1.002.0K
$747.00Jul 2710.5610.77$10.672.0%8.0K1.001.8K
$748.00Jul 2711.5611.76$11.661.7%2.5K1.001.4K

Most actively traded options today. High liquidity = easy entry/exit. 2,714 active (total vol 8.7M, top 373.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 270.220.23$0.234.3%373.4K0.147.9K
$741.00Jul 270.130.14$0.147.1%341.2K0.098.5K
$742.00Jul 270.080.09$0.0911.1%322.9K0.067.9K
$739.00Jul 270.370.38$0.382.6%322.3K0.217.2K
$745.00Jul 270.020.03$0.0333.3%305.3K0.0211.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$738.00Jul 272.282.30$2.290.9%319.2K0.696.1K
$735.00Jul 270.800.81$0.811.2%309.7K0.347.6K
$736.00Jul 271.171.18$1.170.9%305.1K0.458.1K
$740.00Jul 273.863.90$3.881.0%264.8K0.8610.2K
$739.00Jul 273.033.06$3.051.0%226.6K0.799.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 377 strikes (avg 290.0%, max 1435.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4277.4%18.1%1435.0%--58
$870.00Jul 27Sep 4268.9%17.5%1434.0%--529
$860.00Jul 27Aug 31251.7%17.4%1349.5%242.7K
$850.00Jul 27Aug 31234.1%16.2%1347.4%--2.8K
$840.00Jul 27Aug 31216.3%15.4%1300.5%1238.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 31141.4%12.3%1051.9%52
$590.00Jul 27Sep 4355.2%35.9%889.7%89647
$595.00Jul 27Sep 4342.5%35.1%875.2%4261
$605.00Jul 27Sep 4317.4%33.6%845.4%276
$615.00Jul 27Sep 4292.6%32.0%813.5%1108

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,099 found (best R:R 427.57, avg 4.60)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$785.00$790.00Aug 28$0.15$4.85$0.1532.33$785.15
$765.00$770.00Aug 10$0.21$4.79$0.2122.81$765.21
$760.00$765.00Aug 10$0.49$4.51$0.499.20$760.49
$755.00$756.00Aug 3$0.10$0.90$0.109.00$755.10
$757.00$758.00Aug 4$0.10$0.90$0.109.00$757.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$660.00$600.00Aug 5$0.14$59.86$0.14427.57$659.86
$690.00$685.00Aug 4$0.10$4.90$0.1049.00$689.90
$665.00$660.00Aug 14$0.10$4.90$0.1049.00$664.90
$635.00$630.00Aug 28$0.10$4.90$0.1049.00$634.90
$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. 1,507 found (best R:R 177.57, avg 2.31)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$625.00$650.00Aug 7$24.86$24.86$0.14177.57$649.86
$650.00$670.00Aug 7$19.84$19.84$0.16124.00$669.84
$630.00$685.00Aug 6$54.31$54.31$0.6978.71$684.31
$660.00$700.00Aug 4$39.32$39.32$0.6857.82$699.32
$635.00$655.00Aug 14$19.63$19.63$0.3753.05$654.63
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$774.00$771.00Jul 31$2.90$2.90$0.1029.00$771.10
$759.00$756.00Sep 4$2.85$2.85$0.1519.00$756.15
$774.00$771.00Jul 28$2.83$2.83$0.1716.65$771.17
$760.00$758.00Jul 30$1.82$1.82$0.1810.11$758.18
$764.00$762.00Aug 14$1.81$1.81$0.199.53$762.19

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 229 found (avg debit $1.58, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$749.00Jul 27Jul 28$0.0537.9%15.7%
$798.00Jul 31Aug 21$0.0626.6%12.8%
$799.00Jul 31Aug 21$0.0627.0%13.0%
$713.00Jul 27Jul 28$0.0760.1%26.7%
$796.00Jul 31Aug 21$0.0725.9%12.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$714.00Jul 27Jul 28$0.0657.8%26.3%
$715.00Jul 27Jul 28$0.0655.4%25.3%
$716.00Jul 27Jul 28$0.0753.0%24.8%
$717.00Jul 27Jul 28$0.0756.8%24.2%
$718.00Jul 27Jul 28$0.0954.1%23.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,163 found (cheapest 0.36% of stock, avg 5.26%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$736.00Jul 27$1.51$1.17$2.68$733.32$738.680.36%
$735.00Jul 27$2.13$0.81$2.94$732.06$737.940.40%
$738.00Jul 27$0.63$2.29$2.92$735.08$740.920.40%
$734.00Jul 27$2.87$0.55$3.42$730.58$737.420.46%
$739.00Jul 27$0.38$3.05$3.43$735.57$742.430.47%
$733.00Jul 27$3.68$0.36$4.04$728.96$737.040.55%
$740.00Jul 27$0.23$3.88$4.11$735.89$744.110.56%
$732.00Jul 27$4.56$0.24$4.80$727.20$736.800.65%
$741.00Jul 27$0.14$4.81$4.95$736.05$745.950.67%
$731.00Jul 27$5.47$0.15$5.62$725.38$736.620.76%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.05% of stock, avg 1.95%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$741.00$732.00Jul 27$0.14$0.24$0.38$731.62$741.38
$740.00$732.00Jul 27$0.23$0.24$0.47$731.53$740.47
$741.00$733.00Jul 27$0.14$0.36$0.50$732.50$741.50
$739.00$732.00Jul 27$0.38$0.24$0.62$731.38$739.62
$740.00$733.00Jul 27$0.23$0.36$0.59$732.41$740.59
$741.00$734.00Jul 27$0.14$0.55$0.69$733.31$741.69
$739.00$733.00Jul 27$0.38$0.36$0.74$732.26$739.74
$740.00$734.00Jul 27$0.23$0.55$0.78$733.22$740.78
$738.00$732.00Jul 27$0.63$0.24$0.87$731.13$738.87
$738.00$733.00Jul 27$0.63$0.36$0.99$732.01$738.99

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 498 found (best R:R 49.00, avg credit $3.01)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
655/660665/670Aug 28$4.90$0.1049.00$655.10$669.90
660/665710/715Sep 4$4.89$0.1144.45$660.11$714.89
650/655665/670Aug 28$4.88$0.1240.67$650.12$669.88
645/650665/670Aug 28$4.86$0.1434.71$645.14$669.86
655/660710/715Sep 4$4.86$0.1434.71$655.14$714.86
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
630/635650/665Aug 28$14.55$0.4532.33$620.45$664.55
640/645665/670Aug 28$4.84$0.1630.25$640.16$669.84
650/655710/715Sep 4$4.84$0.1630.25$650.16$714.84

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 238 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$785.00$790.00$795.00Aug 28$0.06$4.9482.33
$625.00$630.00$635.00Aug 21$0.07$4.9370.43
$590.00$595.00$600.00Aug 31$0.09$4.9154.56
$595.00$600.00$605.00Aug 31$0.09$4.9154.56
$675.00$680.00$685.00Jul 27$0.11$4.8944.45
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$675.00$680.00$685.00Aug 28$0.05$4.9599.00
$675.00$680.00$685.00Sep 4$0.05$4.9599.00
$690.00$695.00$700.00Aug 4$0.06$4.9482.33
$690.00$695.00$700.00Aug 6$0.06$4.9482.33
$680.00$685.00$690.00Aug 28$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. 938 found (best net $-0.01, 929 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$791.00$820.001:2Aug 6-$0.01$28.99
$590.00$650.001:2Aug 28-$32.09$27.91
$670.00$700.001:2Jul 29-$6.77$23.23
$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
$605.00$590.001:2Aug 6-$0.06$14.94
$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

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 415 found (best yield 2.29%, avg 0.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$737.00Sep 4$16.870.510.1%2.29%2.38%1354
$738.00Sep 4$16.230.490.2%2.20%2.43%4422
$739.00Sep 4$15.600.480.4%2.12%2.48%18565
$737.00Aug 31$15.520.500.1%2.11%2.20%203313
$737.00Aug 28$15.120.510.1%2.05%2.14%226148
$740.00Sep 4$14.980.480.5%2.03%2.53%29079
$738.00Aug 31$14.880.490.2%2.02%2.24%332417
$738.00Aug 28$14.490.490.2%1.97%2.19%347149
$741.00Sep 4$14.370.470.6%1.95%2.58%2278
$739.00Aug 31$14.260.480.4%1.94%2.30%1761.0K

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 4,403,612
Total Puts 4,675,355
Put/Call Ratio 1.06
Net Difference -271,743

Prior's Put/Call Breakdown

Total Calls 3,608,871
Total Puts 4,374,257
Put/Call Ratio 1.21
Net Difference -765,386

Prior 7-Day Put/Call Summary

Total Calls 30,821,095
Total Puts 33,799,814
Average Put/Call Ratio 1.09
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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