Tour v418
SPY
State Street SPDR S&P 500 ETF Trust
$737.81 -0.15%
(7/27 13:55) ◀
|
Monday, July 27, 2026 (2:00pm)
January 2026
|
▶ (7/27 14:10)
◀ 7/27 14:00 ▶

Option Volume

Detail
ℹ
Current (07/27 2:00pm) 10,168,018
Calls: 4,993,239 (49%)
Puts: 5,174,779 (51%)
Prior (07/24) 9,098,857
Calls: 4,137,173 (45%)
Puts: 4,961,684 (55%)
Current vs Prior +11.75%
Calls: +20.69% (Calls)
Puts: +4.29% (Puts)
Prior 7-Day Total 71,844,318
Calls: 34,508,962 (48%)
Puts: 37,335,356 (52%)
Prior 7-Day Average 10,263,474
Calls: 4,929,851 (48%)
Puts: 5,333,622 (52%)
Current vs Prior 7-Day Avg -0.93%
Calls: +1.29%
Puts: -2.98%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/27 2:00pm) $1.60B
Calls: $454.59M (28%)
Puts: $1.15B (72%)
Prior (07/24) $1.14B
Calls: $593.22M (52%)
Puts: $547.88M (48%)
Current vs Prior +40.49%
Calls: -23.37%
Puts: +109.63%
Prior 7-Day Total $12.08B
Calls: $2.69B (22%)
Puts: $9.40B (78%)
Prior 7-Day Average $1.73B
Calls: $383.70M (22%)
Puts: $1.34B (78%)
Current vs Prior 7-Day Avg -7.13%
Calls: +18.47%
Puts: -14.45%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/27 2:00pm) 1.04
Prior (07/24) 1.20
Current vs Prior -13.59%
Prior 7-Day Average 1.08
Current vs Prior 7-Day Avg -3.75%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/27 2:00pm) 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 0.35% | 0.82%0.35% | 1.20%1.75% | 2.42%3.40% | 4.92%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -55.85% | -20.56%+121.85% | +51.85%+1016.24% | +30.40%-2.15% | -1.74%
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 -55.85% | -20.56%+121.85% | +51.85%+1016.24% | +30.40%-2.15% | -1.74%
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 -55.85% | -20.56%-55.86% | -11.74%-5.75% | -2.57%-2.15% | -1.74%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 1.14% | 0.67%
Calls: 1.35% | 0.61%
Puts: 0.92% | 0.72%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior +11.76% | +1.52%
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% | +1.52%
Liquidity Excellent
+
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🤖 AI Insights

Moderately bearish flow with 72% put dollar volume ($1.15B). Slightly bearish P/C ratio of 1.04. 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
14:00BEARISHNEUTRALBEARISH
13:55BEARISHNEUTRALBEARISH
13:50BEARISHNEUTRALBEARISH
13:45BEARISHNEUTRALBEARISH
13:40BEARISHNEUTRALBEARISH
13:35BEARISHNEUTRALBEARISH
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 2,471 of results (avg 2.2%, best 0.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31138.29138.35$138.320.0%111.006.3K
$700.00Jul 3138.6538.71$38.680.2%1060.966.6K
$700.00Aug 2143.4243.51$43.470.2%280.847.6K
$690.00Aug 2152.5352.64$52.590.2%400.885.6K
$739.00Aug 2112.5712.60$12.590.2%2.8K0.49441
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$739.00Aug 2111.6211.64$11.630.2%2.3K0.516.6K
$735.00Sep 412.7612.79$12.770.2%1120.4671
$734.00Sep 412.4412.47$12.460.2%310.4518
$733.00Sep 412.1212.15$12.140.2%910.439
$731.00Sep 411.5211.55$11.540.3%600.413

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 548 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%1.4K0.023.2K
$763.00Jul 310.050.06$0.0616.7%1.6K0.013.0K
$764.00Jul 310.050.06$0.0616.7%5300.013.7K
$766.00Aug 30.050.06$0.0616.7%2820.0168
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$717.00Jul 280.050.06$0.0616.7%2.0K0.02725
$700.00Jul 290.050.06$0.0616.7%1.4K0.011.0K
$675.00Jul 300.050.06$0.0616.7%20.012.1K
$651.00Jul 310.050.06$0.0616.7%140.011.1K
$652.00Jul 310.050.06$0.0616.7%--0.01893

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,182 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27141.06143.79$142.431.9%41.00--
$600.00Jul 27136.06139.08$137.572.2%41.00--
$605.00Jul 27131.06134.13$132.602.3%21.00--
$610.00Jul 27126.06129.13$127.602.4%21.00--
$615.00Jul 27121.06124.13$122.602.5%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 2812.0912.29$12.191.6%4471.00336
$751.00Jul 2813.0914.90$14.0012.9%331.007
$752.00Jul 2814.0914.40$14.252.2%811.004
$753.00Jul 2813.8716.94$15.4119.9%41.001
$755.00Jul 2815.8717.47$16.679.6%291.001

Most actively traded options today. High liquidity = easy entry/exit. 2,733 active (total vol 10.1M, top 420.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 270.260.27$0.273.7%420.4K0.197.9K
$739.00Jul 270.500.51$0.512.0%373.5K0.317.2K
$741.00Jul 270.140.15$0.156.7%368.5K0.118.5K
$742.00Jul 270.070.08$0.0812.5%349.3K0.067.9K
$738.00Jul 270.900.91$0.911.1%340.5K0.473.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$737.00Jul 270.660.67$0.671.5%394.4K0.384.9K
$736.00Jul 270.380.39$0.392.6%393.7K0.258.1K
$735.00Jul 270.210.22$0.224.5%370.7K0.167.6K
$738.00Jul 271.081.09$1.090.9%333.1K0.536.1K
$740.00Jul 272.442.46$2.450.8%270.6K0.8110.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 377 strikes (avg 342.2%, max 1705.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4322.6%17.9%1705.3%--58
$870.00Jul 27Sep 4312.6%17.4%1700.7%--529
$860.00Jul 27Aug 31292.4%17.2%1602.1%242.7K
$850.00Jul 27Aug 31271.8%16.0%1599.7%52.8K
$840.00Jul 27Aug 31250.8%15.3%1542.5%1238.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 31162.7%12.0%1251.4%52
$595.00Jul 27Sep 4405.7%35.0%1058.4%9261
$605.00Jul 27Sep 4376.2%33.5%1024.4%276
$615.00Jul 27Sep 4347.1%31.9%987.3%1108
$620.00Jul 27Sep 4332.7%31.1%968.2%177

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,063 found (best R:R 499.00, avg 4.47)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$785.00$790.00Aug 28$0.17$4.83$0.1728.41$785.17
$765.00$770.00Aug 10$0.25$4.75$0.2519.00$765.25
$760.00$761.00Aug 6$0.10$0.90$0.109.00$760.10
$771.00$772.00Aug 21$0.10$0.90$0.109.00$771.10
$760.00$765.00Aug 10$0.54$4.46$0.548.26$760.54
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$660.00$600.00Aug 5$0.12$59.88$0.12499.00$659.88
$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
$700.00$695.00Aug 3$0.12$4.88$0.1240.67$699.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,466 found (best R:R 133.15, avg 2.33)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$630.00$685.00Aug 6$54.59$54.59$0.41133.15$684.59
$625.00$650.00Aug 7$24.78$24.78$0.22112.64$649.78
$635.00$655.00Aug 14$19.76$19.76$0.2482.33$654.76
$660.00$700.00Aug 4$39.41$39.41$0.5966.80$699.41
$615.00$625.00Aug 7$9.83$9.83$0.1757.82$624.83
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$775.00$772.00Aug 28$2.89$2.89$0.1126.27$772.11
$750.00$748.00Sep 4$1.81$1.81$0.199.53$748.19
$767.00$766.00Aug 21$0.90$0.90$0.109.00$766.10
$764.00$762.00Aug 14$1.79$1.79$0.218.52$762.21
$752.00$751.00Jul 30$0.89$0.89$0.118.09$751.11

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 216 found (avg debit $1.62, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$725.00Jul 27Jul 28$0.0545.9%20.9%
$749.00Jul 27Jul 28$0.0540.2%14.4%
$799.00Jul 31Aug 21$0.0526.5%12.5%
$615.00Jul 27Jul 28$0.06347.1%101.3%
$797.00Jul 31Aug 21$0.0625.8%12.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$718.00Jul 27Jul 28$0.0567.8%23.9%
$719.00Jul 27Jul 28$0.0564.7%22.9%
$749.00Jul 27Jul 28$0.0640.2%14.4%
$720.00Jul 27Jul 28$0.0761.6%22.8%
$721.00Jul 27Jul 28$0.0858.5%22.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,165 found (cheapest 0.27% of stock, avg 5.17%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$738.00Jul 27$0.91$1.09$2.00$736.00$740.000.27%
$737.00Jul 27$1.48$0.67$2.15$734.85$739.150.29%
$739.00Jul 27$0.51$1.69$2.20$736.80$741.200.30%
$736.00Jul 27$2.20$0.39$2.59$733.41$738.590.35%
$740.00Jul 27$0.27$2.45$2.72$737.28$742.720.37%
$735.00Jul 27$3.04$0.22$3.26$731.74$738.260.44%
$741.00Jul 27$0.15$3.33$3.48$737.52$744.480.47%
$734.00Jul 27$3.95$0.13$4.08$729.92$738.080.55%
$742.00Jul 27$0.08$4.24$4.32$737.68$746.320.59%
$733.00Jul 27$4.89$0.08$4.97$728.03$737.970.67%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.02% of stock, avg 1.88%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$742.00$733.00Jul 27$0.08$0.08$0.16$732.84$742.16
$741.00$733.00Jul 27$0.15$0.08$0.23$732.77$741.23
$742.00$734.00Jul 27$0.08$0.13$0.21$733.79$742.21
$741.00$734.00Jul 27$0.15$0.13$0.28$733.72$741.28
$742.00$735.00Jul 27$0.08$0.22$0.30$734.70$742.30
$740.00$734.00Jul 27$0.27$0.13$0.40$733.60$740.40
$740.00$733.00Jul 27$0.27$0.08$0.35$732.65$740.35
$741.00$735.00Jul 27$0.15$0.22$0.37$734.63$741.37
$742.00$736.00Jul 27$0.08$0.39$0.47$735.53$742.47
$740.00$735.00Jul 27$0.27$0.22$0.49$734.51$740.49

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 438 found (best R:R 56.69, avg credit $3.00)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
660/665670/685Aug 28$14.74$0.2656.69$650.26$684.74
655/660670/685Aug 28$14.72$0.2852.57$645.28$684.72
650/655670/685Aug 28$14.69$0.3147.39$640.31$684.69
645/650670/685Aug 28$14.68$0.3245.87$635.32$684.68
635/640685/690Aug 28$4.89$0.1144.45$635.11$689.89
640/645670/685Aug 28$14.67$0.3344.45$630.33$684.67
635/640670/685Aug 28$14.65$0.3541.86$625.35$684.65
640/645650/665Aug 28$14.56$0.4433.09$630.44$664.56
635/640650/665Aug 28$14.54$0.4631.61$625.46$664.54
700/705710/715Aug 10$4.81$0.1925.32$700.19$714.81

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 226 found (best R:R 124.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$600.00$615.00$630.00Jul 28$0.12$14.88124.00
$670.00$680.00$690.00Jul 28$0.12$9.8882.33
$660.00$665.00$670.00Aug 3$0.06$4.9482.33
$680.00$685.00$690.00Aug 7$0.07$4.9370.43
$600.00$605.00$610.00Aug 21$0.07$4.9370.43
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 5$0.05$4.9599.00
$685.00$690.00$695.00Aug 6$0.05$4.9599.00
$690.00$695.00$700.00Aug 6$0.05$4.9599.00
$680.00$685.00$690.00Aug 14$0.05$4.9599.00
$690.00$695.00$700.00Aug 4$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. 927 found (best net $-0.02, 919 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$791.00$820.001:2Aug 6-$0.02$28.98
$670.00$700.001:2Jul 29-$7.89$22.11
$783.00$800.001:2Aug 4-$0.01$16.99
$820.00$835.001:2Aug 5$0.00$15.00
$820.00$835.001:2Jul 27-$0.01$14.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$655.00$640.001:2Jul 28-$0.01$14.99
$630.00$615.001:2Aug 6-$0.08$14.92
$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. 406 found (best yield 2.29%, avg 0.56%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$738.00Sep 4$16.880.510.0%2.29%2.31%9922
$739.00Sep 4$16.230.500.2%2.20%2.36%18565
$740.00Sep 4$15.600.490.3%2.11%2.41%29379
$738.00Aug 31$15.520.510.0%2.10%2.13%332417
$738.00Aug 28$15.130.510.0%2.05%2.08%350149
$741.00Sep 4$14.970.470.4%2.03%2.46%2278
$739.00Aug 31$14.880.490.2%2.02%2.18%1771.0K
$739.00Aug 28$14.490.500.2%1.96%2.13%303212
$742.00Sep 4$14.360.470.6%1.95%2.51%270173
$740.00Aug 31$14.250.480.3%1.93%2.23%8712.3K

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 4,993,239
Total Puts 5,174,779
Put/Call Ratio 1.04
Net Difference -181,540

Prior's Put/Call Breakdown

Total Calls 4,137,173
Total Puts 4,961,684
Put/Call Ratio 1.20
Net Difference -824,511

Prior 7-Day Put/Call Summary

Total Calls 34,508,962
Total Puts 37,335,356
Average Put/Call Ratio 1.08
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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