Tour v418
SPY
State Street SPDR S&P 500 ETF Trust
$739.03 +0.01%
7/27 15:00

Option Volume

Detail
Current (07/27 3:00pm) 11,602,051
Calls: 5,744,628 (50%)
Puts: 5,857,423 (50%)
Prior (07/24) 10,936,890
Calls: 4,888,829 (45%)
Puts: 6,048,061 (55%)
Current vs Prior +6.08%
Calls: +17.51% (Calls)
Puts: -3.15% (Puts)
Prior 7-Day Total 79,429,427
Calls: 38,469,074 (48%)
Puts: 40,960,353 (52%)
Prior 7-Day Average 11,347,061
Calls: 5,495,582 (48%)
Puts: 5,851,479 (52%)
Current vs Prior 7-Day Avg +2.25%
Calls: +4.53%
Puts: +0.10%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 3:00pm) $1.66B
Calls: $682.27M (41%)
Puts: $974.99M (59%)
Prior (07/24) $1.65B
Calls: $400.04M (24%)
Puts: $1.25B (76%)
Current vs Prior +0.49%
Calls: +70.55%
Puts: -21.94%
Prior 7-Day Total $12.00B
Calls: $3.25B (27%)
Puts: $8.75B (73%)
Prior 7-Day Average $1.71B
Calls: $464.22M (27%)
Puts: $1.25B (73%)
Current vs Prior 7-Day Avg -3.34%
Calls: +46.97%
Puts: -22.02%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 3:00pm) 1.02
Prior (07/24) 1.24
Current vs Prior -17.58%
Prior 7-Day Average 1.06
Current vs Prior 7-Day Avg -4.08%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 3:00pm) 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
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 0.32% | 0.78%0.32% | 1.15%1.70% | 2.36%3.33% | 4.84%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -60.04% | -24.75%+100.83% | +46.29%+982.48% | +26.84%-4.25% | -3.34%
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 -60.04% | -24.75%+100.83% | +46.29%+982.48% | +26.84%-4.25% | -3.34%
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 -60.04% | -24.75%-60.04% | -14.97%-8.60% | -5.23%-4.25% | -3.34%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 1.83% | 1.03%
Calls: 2.30% | 0.74%
Puts: 1.37% | 1.32%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior +79.41% | +56.06%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg +79.41% | +56.06%
Liquidity Good
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.02. 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 BEARISH
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
15:00BEARISHNEUTRALBEARISH
14:55BEARISHNEUTRALBEARISH
14:50BEARISHNEUTRALBEARISH
14:45BEARISHNEUTRALBEARISH
14:40BEARISHNEUTRALBEARISH
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11:20BEARISHNEUTRALBEARISH
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11:00BEARISHBEARISHBEARISH
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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 2,437 of results (avg 2.3%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31139.46139.53$139.500.1%131.006.3K
$700.00Jul 3139.7639.83$39.800.2%1060.976.6K
$690.00Aug 2153.5853.68$53.630.2%400.895.6K
$740.00Sep 416.2316.27$16.250.2%3650.5079
$700.00Aug 2144.4044.51$44.460.2%280.857.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$738.00Jul 315.395.41$5.400.4%7.2K0.465.6K
$745.00Aug 2113.4513.50$13.480.4%3.6K0.578.5K
$743.00Aug 2112.5812.63$12.610.4%2.4K0.543.1K
$745.00Aug 3115.0815.14$15.110.4%1.7K0.552.4K
$735.00Sep 412.2212.27$12.250.4%1120.4471

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 538 found (avg $0.38, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$743.00Jul 270.050.06$0.0616.7%303.9K0.058.0K
$755.00Jul 290.050.06$0.0616.7%2.0K0.023.2K
$759.00Jul 300.050.06$0.0616.7%1.9K0.021.6K
$763.00Jul 310.050.06$0.0616.7%1.6K0.013.0K
$765.00Aug 30.050.06$0.0616.7%1.3K0.01984
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$735.00Jul 270.050.06$0.0616.7%436.0K0.057.6K
$720.00Jul 280.050.06$0.0616.7%38.2K0.0245.0K
$703.00Jul 290.050.06$0.0616.7%1750.01418
$704.00Jul 290.050.06$0.0616.7%1.2K0.01186
$685.00Jul 300.050.06$0.0616.7%110.01460

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,188 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27142.64145.42$144.031.9%41.00--
$600.00Jul 27137.31140.47$138.892.3%41.00--
$605.00Jul 27132.63135.42$134.022.1%21.00--
$610.00Jul 27127.63130.42$129.022.2%21.00--
$615.00Jul 27122.63125.42$124.032.2%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 2810.7211.12$10.923.7%4761.00336
$751.00Jul 2811.7813.05$12.4210.2%331.007
$752.00Jul 2812.7213.08$12.902.8%811.004
$753.00Jul 2812.6415.38$14.0119.6%41.001
$755.00Jul 2814.6417.38$16.0117.1%321.001

Most actively traded options today. High liquidity = easy entry/exit. 2,770 active (total vol 11.6M, top 526.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 270.460.47$0.472.1%499.3K0.337.9K
$739.00Jul 270.860.88$0.872.3%473.3K0.517.2K
$738.00Jul 271.461.48$1.471.4%465.4K0.683.9K
$741.00Jul 270.220.23$0.234.3%415.4K0.198.5K
$742.00Jul 270.100.11$0.119.1%376.2K0.107.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$737.00Jul 270.220.23$0.234.3%526.8K0.194.9K
$736.00Jul 270.100.11$0.119.1%485.0K0.108.1K
$735.00Jul 270.050.06$0.0616.7%436.0K0.057.6K
$738.00Jul 270.460.47$0.472.1%398.6K0.326.1K
$740.00Jul 271.451.47$1.461.4%279.8K0.6710.2K

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 462.9%, max 2307.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4427.3%17.7%2307.9%--58
$870.00Jul 27Sep 4413.9%17.2%2303.8%--529
$860.00Jul 27Aug 31386.8%17.0%2173.2%242.7K
$850.00Jul 27Aug 31359.3%15.8%2172.9%52.8K
$840.00Jul 27Aug 31331.2%15.1%2093.4%1238.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 31213.3%12.0%1672.1%52
$595.00Jul 27Sep 4546.1%35.0%1461.1%9261
$605.00Jul 27Sep 4506.8%33.4%1415.8%476
$615.00Jul 27Sep 4467.9%31.9%1366.3%1108
$620.00Jul 27Sep 4448.6%31.2%1340.2%277

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,022 found (best R:R 49.00, avg 4.03)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$790.00$795.00Aug 28$0.11$4.89$0.1144.45$790.11
$785.00$790.00Aug 28$0.17$4.83$0.1728.41$785.17
$765.00$770.00Aug 10$0.28$4.72$0.2816.86$765.28
$757.00$758.00Aug 3$0.10$0.90$0.109.00$757.10
$778.00$779.00Aug 31$0.10$0.90$0.109.00$778.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$700.00$695.00Aug 3$0.10$4.90$0.1049.00$699.90
$630.00$625.00Sep 4$0.10$4.90$0.1049.00$629.90
$645.00$640.00Aug 28$0.11$4.89$0.1144.45$644.89
$635.00$630.00Sep 4$0.11$4.89$0.1144.45$634.89
$695.00$690.00Aug 5$0.12$4.88$0.1240.67$694.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,439 found (best R:R 182.33, avg 2.57)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$630.00$685.00Aug 6$54.70$54.70$0.30182.33$684.70
$635.00$655.00Aug 14$19.79$19.79$0.2194.24$654.79
$625.00$650.00Aug 7$24.72$24.72$0.2888.29$649.72
$660.00$700.00Aug 4$39.54$39.54$0.4685.96$699.54
$660.00$680.00Aug 14$19.63$19.63$0.3753.05$679.63
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$800.00$780.00Aug 7$19.84$19.84$0.16124.00$780.16
$800.00$780.00Aug 31$19.82$19.82$0.18110.11$780.18
$786.00$780.00Jul 31$5.85$5.85$0.1539.00$780.15
$770.00$767.00Aug 7$2.89$2.89$0.1126.27$767.11
$770.00$768.00Aug 28$1.88$1.88$0.1215.67$768.12

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 209 found (avg debit $1.60, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$799.00Jul 31Aug 21$0.0526.2%12.3%
$719.00Jul 27Jul 29$0.0681.5%23.0%
$749.00Jul 27Jul 28$0.0648.5%13.7%
$797.00Jul 31Aug 21$0.0625.4%12.2%
$798.00Jul 31Aug 21$0.0625.8%12.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$721.00Jul 27Jul 28$0.0674.0%22.5%
$722.00Jul 27Jul 28$0.0770.2%21.9%
$723.00Jul 27Jul 28$0.0874.8%21.6%
$724.00Jul 27Jul 28$0.1070.6%21.2%
$725.00Jul 27Jul 28$0.1366.4%20.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,171 found (cheapest 0.24% of stock, avg 5.20%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$739.00Jul 27$0.87$0.87$1.74$737.26$740.740.24%
$738.00Jul 27$1.47$0.47$1.94$736.06$739.940.26%
$740.00Jul 27$0.47$1.46$1.93$738.07$741.930.26%
$737.00Jul 27$2.24$0.23$2.47$734.53$739.470.33%
$741.00Jul 27$0.23$2.22$2.45$738.55$743.450.33%
$742.00Jul 27$0.11$3.10$3.21$738.79$745.210.43%
$736.00Jul 27$3.12$0.11$3.23$732.77$739.230.44%
$735.00Jul 27$4.03$0.06$4.09$730.91$739.090.55%
$743.00Jul 27$0.06$4.08$4.14$738.86$747.140.56%
$734.00Jul 27$5.02$0.04$5.06$728.94$739.060.68%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 395 found (cheapest 0.02% of stock, avg 1.87%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$742.00$735.00Jul 27$0.11$0.06$0.17$734.83$742.17
$743.00$736.00Jul 27$0.06$0.11$0.17$735.83$743.17
$743.00$735.00Jul 27$0.06$0.06$0.12$734.88$743.12
$742.00$736.00Jul 27$0.11$0.11$0.22$735.78$742.22
$741.00$735.00Jul 27$0.23$0.06$0.29$734.71$741.29
$743.00$737.00Jul 27$0.06$0.23$0.29$736.71$743.29
$741.00$736.00Jul 27$0.23$0.11$0.34$735.66$741.34
$742.00$737.00Jul 27$0.11$0.23$0.34$736.66$742.34
$741.00$737.00Jul 27$0.23$0.23$0.46$736.54$741.46
$740.00$735.00Jul 27$0.47$0.06$0.53$734.47$740.53

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 396 found (best R:R 82.33, avg credit $3.15)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
655/660685/695Sep 4$9.88$0.1282.33$650.12$694.88
640/645650/665Aug 28$14.79$0.2170.43$630.21$664.79
650/655685/695Sep 4$9.85$0.1565.67$645.15$694.85
645/650685/695Sep 4$9.84$0.1661.50$640.16$694.84
680/685690/697Aug 14$6.88$0.1257.33$678.12$696.88
640/645685/695Sep 4$9.82$0.1854.56$635.18$694.82
635/640685/695Sep 4$9.80$0.2049.00$630.20$694.80
630/635685/695Sep 4$9.79$0.2146.62$625.21$694.79
675/680685/690Aug 14$4.89$0.1144.45$675.11$689.89
675/680685/690Aug 28$4.89$0.1144.45$675.11$689.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 269 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$635.00$640.00$645.00Aug 21$0.05$4.9599.00
$670.00$675.00$680.00Aug 3$0.06$4.9482.33
$785.00$790.00$795.00Aug 28$0.06$4.9482.33
$600.00$605.00$610.00Aug 31$0.07$4.9370.43
$600.00$605.00$610.00Aug 21$0.09$4.9154.56
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 4$0.05$4.9599.00
$690.00$695.00$700.00Aug 10$0.05$4.9599.00
$675.00$680.00$685.00Aug 14$0.05$4.9599.00
$670.00$675.00$680.00Sep 4$0.05$4.9599.00
$675.00$680.00$685.00Sep 4$0.05$4.9599.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 916 found (best net $-0.54, 910 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$630.00$685.001:2Aug 6-$0.54$54.46
$660.00$700.001:2Aug 4-$0.77$39.23
$791.00$820.001:2Aug 6-$0.02$28.98
$783.00$800.001:2Aug 4-$0.02$16.98
$820.00$835.001:2Aug 5$0.00$15.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$645.00$600.001:2Aug 5$0.00$45.00
$655.00$640.001:2Jul 28-$0.01$14.99
$630.00$615.001:2Aug 6-$0.06$14.94
$660.00$645.001:2Aug 5-$0.07$14.93
$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. 388 found (best yield 2.20%, avg 0.53%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$740.00Sep 4$16.230.500.1%2.20%2.33%36579
$741.00Sep 4$15.590.490.3%2.11%2.38%2278
$742.00Sep 4$14.950.480.4%2.02%2.42%270173
$740.00Aug 31$14.860.500.1%2.01%2.14%9012.3K
$740.00Aug 28$14.480.500.1%1.96%2.09%1.3K1.2K
$743.00Sep 4$14.330.470.5%1.94%2.48%6533
$741.00Aug 31$14.240.480.3%1.93%2.19%238273
$741.00Aug 28$13.830.490.3%1.87%2.14%374175
$744.00Sep 4$13.730.470.7%1.86%2.53%10520
$742.00Aug 31$13.600.480.4%1.84%2.24%94353

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 5,744,628
Total Puts 5,857,423
Put/Call Ratio 1.02
Net Difference -112,795

Prior's Put/Call Breakdown

Total Calls 4,888,829
Total Puts 6,048,061
Put/Call Ratio 1.24
Net Difference -1,159,232

Prior 7-Day Put/Call Summary

Total Calls 38,469,074
Total Puts 40,960,353
Average Put/Call Ratio 1.06
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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