Tour v418
SPY
State Street SPDR S&P 500 ETF Trust
$736.29 -0.36%
(7/27 13:25) ◀
|
Monday, July 27, 2026 (1:30pm)
January 2026
|
▶ (7/27 13:35)
◀ 7/27 13:30 ▶

Option Volume

Detail
ℹ
Current (07/27 1:30pm) 9,523,366
Calls: 4,633,801 (49%)
Puts: 4,889,565 (51%)
Prior (07/24) 8,490,212
Calls: 3,848,331 (45%)
Puts: 4,641,881 (55%)
Current vs Prior +12.17%
Calls: +20.41% (Calls)
Puts: +5.34% (Puts)
Prior 7-Day Total 67,893,589
Calls: 32,419,493 (48%)
Puts: 35,474,096 (52%)
Prior 7-Day Average 9,699,084
Calls: 4,631,356 (48%)
Puts: 5,067,728 (52%)
Current vs Prior 7-Day Avg -1.81%
Calls: +0.05%
Puts: -3.52%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/27 1:30pm) $1.83B
Calls: $327.43M (18%)
Puts: $1.50B (82%)
Prior (07/24) $1.13B
Calls: $659.38M (58%)
Puts: $471.80M (42%)
Current vs Prior +61.38%
Calls: -50.34%
Puts: +217.52%
Prior 7-Day Total $12.29B
Calls: $2.40B (19%)
Puts: $9.90B (81%)
Prior 7-Day Average $1.76B
Calls: $342.37M (19%)
Puts: $1.41B (81%)
Current vs Prior 7-Day Avg +3.96%
Calls: -4.37%
Puts: +5.97%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/27 1:30pm) 1.06
Prior (07/24) 1.21
Current vs Prior -12.52%
Prior 7-Day Average 1.09
Current vs Prior 7-Day Avg -2.94%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/27 1:30pm) 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
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 0.40% | 0.88%0.40% | 1.25%1.80% | 2.48%3.47% | 4.98%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -49.05% | -15.01%+156.05% | +58.19%+1049.68% | +33.45%-0.31% | -0.53%
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 -49.05% | -15.01%+156.05% | +58.19%+1049.68% | +33.45%-0.31% | -0.53%
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 -49.05% | -15.01%-49.05% | -8.05%-2.93% | -0.29%-0.31% | -0.53%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 0.68% | 0.77%
Calls: 0.73% | 0.62%
Puts: 0.63% | 0.92%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -33.33% | +16.67%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -33.33% | +16.67%
Liquidity Excellent
+
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🤖 AI Insights

Strong bearish conviction with 82% of dollar volume in puts ($1.50B) vs calls ($327.43M). 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 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
13:30BEARISHNEUTRALBEARISH
13:25BEARISHNEUTRALBEARISH
13:20BEARISHNEUTRALBEARISH
13:15BEARISHNEUTRALBEARISH
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 2,475 of results (avg 2.2%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31136.76136.83$136.800.1%21.006.3K
$700.00Jul 3137.2137.28$37.250.2%1060.966.6K
$690.00Aug 2151.2551.36$51.310.2%390.875.6K
$739.00Aug 2111.9111.94$11.930.3%2.8K0.48441
$700.00Aug 2142.2042.31$42.260.3%280.837.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$728.00Aug 218.828.84$8.830.2%5020.392.3K
$720.00Aug 73.823.83$3.830.3%7.7K0.2512.4K
$722.00Aug 63.813.82$3.820.3%1960.2619
$727.00Sep 411.0911.12$11.110.3%690.3930
$738.00Aug 3113.7813.82$13.800.3%2890.511.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 553 found (avg $0.36, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$755.00Jul 290.050.06$0.0616.7%1.5K0.023.2K
$760.00Jul 300.050.06$0.0616.7%1.4K0.013.2K
$764.00Jul 310.050.06$0.0616.7%5300.013.7K
$766.00Aug 30.050.06$0.0616.7%2820.0168
$768.00Aug 40.050.06$0.0616.7%1420.01120
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$712.00Jul 280.050.06$0.0616.7%2.4K0.01529
$713.00Jul 280.050.06$0.0616.7%7400.01496
$714.00Jul 280.050.06$0.0616.7%8340.01884
$695.00Jul 290.050.06$0.0616.7%2790.011.1K
$670.00Jul 300.050.06$0.0616.7%--0.0122

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,183 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$590.00Jul 27144.50148.01$146.262.4%21.00--
$595.00Jul 27139.50143.01$141.262.5%41.00--
$600.00Jul 27134.50138.01$136.262.6%41.00--
$605.00Jul 27129.50133.01$131.262.7%21.00--
$610.00Jul 27124.50128.01$126.262.8%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 2812.8213.88$13.357.9%4331.00336
$751.00Jul 2813.8116.03$14.9214.9%331.007
$752.00Jul 2814.8115.87$15.346.9%811.004
$753.00Jul 2815.4318.41$16.9217.6%41.001
$755.00Jul 2817.4320.38$18.9115.6%251.001

Most actively traded options today. High liquidity = easy entry/exit. 2,724 active (total vol 9.5M, top 390.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 270.160.17$0.175.9%390.8K0.117.9K
$741.00Jul 270.100.11$0.119.1%351.5K0.078.5K
$739.00Jul 270.290.30$0.303.3%340.0K0.187.2K
$742.00Jul 270.060.07$0.0714.3%335.0K0.057.9K
$745.00Jul 270.020.03$0.0333.3%310.1K0.0211.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$737.00Jul 271.581.59$1.590.6%361.4K0.604.9K
$736.00Jul 271.071.08$1.080.9%344.0K0.478.1K
$735.00Jul 270.700.71$0.711.4%340.7K0.357.6K
$738.00Jul 272.222.24$2.230.9%324.7K0.726.1K
$740.00Jul 273.863.89$3.880.8%267.0K0.8910.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 378 strikes (avg 310.5%, max 1529.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$870.00Jul 27Sep 4286.0%17.6%1529.3%--529
$875.00Jul 27Sep 4295.0%18.1%1527.6%--58
$860.00Jul 27Aug 31267.7%17.4%1439.6%242.7K
$850.00Jul 27Aug 31249.1%16.2%1434.7%--2.8K
$840.00Jul 27Aug 31230.2%15.5%1387.5%1238.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 31150.6%12.3%1123.9%52
$590.00Jul 27Sep 4376.8%35.9%948.6%91647
$595.00Jul 27Sep 4363.3%35.1%935.1%9261
$605.00Jul 27Sep 4336.7%33.5%903.6%276
$615.00Jul 27Sep 4310.4%32.0%868.9%1108

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,093 found (best R:R 427.57, avg 4.56)

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
$758.00$759.00Aug 5$0.10$0.90$0.109.00$758.10
$769.00$770.00Aug 21$0.10$0.90$0.109.00$769.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$660.00$600.00Aug 5$0.14$59.86$0.14427.57$659.86
$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
$685.00$680.00Aug 6$0.11$4.89$0.1144.45$684.89
$650.00$645.00Aug 21$0.11$4.89$0.1144.45$649.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,475 found (best R:R 180.82, avg 2.34)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$650.00$670.00Aug 7$19.89$19.89$0.11180.82$669.89
$625.00$650.00Aug 7$24.85$24.85$0.15165.67$649.85
$630.00$685.00Aug 6$54.46$54.46$0.54100.85$684.46
$635.00$655.00Aug 14$19.72$19.72$0.2870.43$654.72
$660.00$700.00Aug 4$39.30$39.30$0.7056.14$699.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$772.00$770.00Aug 31$1.83$1.83$0.1710.76$770.17
$759.00$756.00Aug 6$2.71$2.71$0.299.34$756.29
$754.00$753.00Jul 31$0.90$0.90$0.109.00$753.10
$747.00$746.00Jul 28$0.89$0.89$0.118.09$746.11
$751.00$750.00Jul 30$0.89$0.89$0.118.09$750.11

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 224 found (avg debit $1.56, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$749.00Jul 27Jul 28$0.0540.8%16.0%
$797.00Jul 31Aug 21$0.0626.4%12.7%
$798.00Jul 31Aug 21$0.0626.7%12.9%
$799.00Jul 31Aug 21$0.0627.1%13.0%
$721.00Jul 27Jul 28$0.0748.5%22.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$715.00Jul 27Jul 28$0.0658.3%25.2%
$716.00Jul 27Jul 28$0.0755.8%24.7%
$717.00Jul 27Jul 28$0.0859.8%24.6%
$718.00Jul 27Jul 28$0.0957.0%23.9%
$719.00Jul 27Jul 28$0.1154.1%23.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,166 found (cheapest 0.33% of stock, avg 5.25%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$736.00Jul 27$1.37$1.08$2.45$733.55$738.450.33%
$737.00Jul 27$0.88$1.59$2.47$734.53$739.470.34%
$735.00Jul 27$2.00$0.71$2.71$732.29$737.710.37%
$738.00Jul 27$0.52$2.23$2.75$735.25$740.750.37%
$734.00Jul 27$2.74$0.46$3.20$730.80$737.200.43%
$739.00Jul 27$0.30$3.01$3.31$735.69$742.310.45%
$733.00Jul 27$3.58$0.29$3.87$729.13$736.870.53%
$740.00Jul 27$0.17$3.88$4.05$735.95$744.050.55%
$732.00Jul 27$4.47$0.18$4.65$727.35$736.650.63%
$741.00Jul 27$0.11$4.78$4.89$736.11$745.890.66%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.04% of stock, avg 1.95%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$741.00$732.00Jul 27$0.11$0.18$0.29$731.71$741.29
$740.00$732.00Jul 27$0.17$0.18$0.35$731.65$740.35
$741.00$733.00Jul 27$0.11$0.29$0.40$732.60$741.40
$740.00$733.00Jul 27$0.17$0.29$0.46$732.54$740.46
$739.00$732.00Jul 27$0.30$0.18$0.48$731.52$739.48
$739.00$733.00Jul 27$0.30$0.29$0.59$732.41$739.59
$741.00$734.00Jul 27$0.11$0.46$0.57$733.43$741.57
$740.00$734.00Jul 27$0.17$0.46$0.63$733.37$740.63
$738.00$732.00Jul 27$0.52$0.18$0.70$731.30$738.70
$739.00$734.00Jul 27$0.30$0.46$0.76$733.24$739.76

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 491 found (best R:R 40.67, avg credit $2.86)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
680/685690/695Aug 7$4.88$0.1240.67$680.12$694.88
675/680685/690Aug 28$4.88$0.1240.67$675.12$689.88
680/685695/700Aug 7$4.84$0.1630.25$680.16$699.84
670/675685/690Aug 28$4.84$0.1630.25$670.16$689.84
665/670685/690Aug 28$4.80$0.2024.00$665.20$689.80
660/665685/690Aug 28$4.77$0.2320.74$660.23$689.77
660/665670/685Aug 28$14.23$0.7718.48$650.77$684.23
655/660685/690Aug 28$4.74$0.2618.23$655.26$689.74
665/670675/685Sep 4$9.47$0.5317.87$660.53$684.47
655/660670/685Aug 28$14.20$0.8017.75$645.80$684.20

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 272 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$610.00$615.00$620.00Aug 21$0.05$4.9599.00
$670.00$675.00$680.00Jul 27$0.06$4.9482.33
$615.00$620.00$625.00Aug 21$0.06$4.9482.33
$785.00$790.00$795.00Aug 28$0.06$4.9482.33
$685.00$690.00$695.00Aug 7$0.07$4.9370.43
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$685.00$690.00$695.00Aug 5$0.05$4.9599.00
$690.00$695.00$700.00Aug 6$0.05$4.9599.00
$675.00$680.00$685.00Aug 28$0.05$4.9599.00
$690.00$695.00$700.00Aug 4$0.06$4.9482.33
$685.00$690.00$695.00Aug 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. 930 found (best net $-0.02, 923 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$791.00$820.001:2Aug 6-$0.02$28.98
$590.00$650.001:2Aug 28-$31.76$28.24
$670.00$700.001:2Jul 29-$6.61$23.39
$701.00$721.001:2Aug 4-$0.92$19.08
$783.00$800.001:2Aug 4-$0.01$16.99
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. 411 found (best yield 2.28%, avg 0.56%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$737.00Sep 4$16.820.510.1%2.28%2.38%1554
$738.00Sep 4$16.180.490.2%2.20%2.43%4722
$739.00Sep 4$15.550.480.4%2.11%2.48%18565
$737.00Aug 31$15.460.500.1%2.10%2.20%228313
$737.00Aug 28$15.070.500.1%2.05%2.14%226148
$740.00Sep 4$14.930.480.5%2.03%2.53%29079
$738.00Aug 31$14.830.490.2%2.01%2.25%332417
$738.00Aug 28$14.430.490.2%1.96%2.19%347149
$741.00Sep 4$14.320.470.6%1.94%2.58%2278
$739.00Aug 31$14.200.480.4%1.93%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 4,633,801
Total Puts 4,889,565
Put/Call Ratio 1.06
Net Difference -255,764

Prior's Put/Call Breakdown

Total Calls 3,848,331
Total Puts 4,641,881
Put/Call Ratio 1.21
Net Difference -793,550

Prior 7-Day Put/Call Summary

Total Calls 32,419,493
Total Puts 35,474,096
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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