Tour v421
SPY
State Street SPDR S&P 500 ETF Trust
$739.10 +0.02%
(7/27 15:35) ◀
|
Monday, July 27, 2026 (3:40pm)
January 2026
|
▶ (7/27 15:45)
◀ 7/27 15:40 ▶

Option Volume

Detail
ℹ
Current (07/27 3:40pm) 12,551,553
Calls: 6,229,136 (50%)
Puts: 6,322,417 (50%)
Prior (07/24) 12,214,254
Calls: 5,466,338 (45%)
Puts: 6,747,916 (55%)
Current vs Prior +2.76%
Calls: +13.95% (Calls)
Puts: -6.31% (Puts)
Prior 7-Day Total 85,819,447
Calls: 41,894,483 (49%)
Puts: 43,924,964 (51%)
Prior 7-Day Average 12,259,921
Calls: 5,984,926 (49%)
Puts: 6,274,994 (51%)
Current vs Prior 7-Day Avg +2.38%
Calls: +4.08%
Puts: +0.76%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/27 3:40pm) $1.64B
Calls: $669.02M (41%)
Puts: $967.99M (59%)
Prior (07/24) $1.74B
Calls: $435.13M (25%)
Puts: $1.30B (75%)
Current vs Prior -5.86%
Calls: +53.75%
Puts: -25.76%
Prior 7-Day Total $11.58B
Calls: $4.86B (42%)
Puts: $6.72B (58%)
Prior 7-Day Average $1.65B
Calls: $693.89M (42%)
Puts: $960.45M (58%)
Current vs Prior 7-Day Avg -1.05%
Calls: -3.59%
Puts: +0.79%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/27 3:40pm) 1.01
Prior (07/24) 1.23
Current vs Prior -17.78%
Prior 7-Day Average 1.05
Current vs Prior 7-Day Avg -3.28%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/27 3:40pm) 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 0.24% | 0.74%0.24% | 1.14%1.68% | 2.34%3.31% | 4.83%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -69.82% | -28.42%+51.66% | +44.56%+968.60% | +25.81%-4.89% | -3.64%
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 -69.82% | -28.42%+51.66% | +44.56%+968.60% | +25.81%-4.89% | -3.64%
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 -69.82% | -28.42%-69.82% | -15.97%-9.77% | -6.00%-4.89% | -3.64%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 2.12% | 0.72%
Calls: 1.69% | 0.39%
Puts: 2.56% | 1.04%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior +107.84% | +9.09%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg +107.84% | +9.09%
Liquidity Excellent
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.01. 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 BULLISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
15:40BEARISHNEUTRALBEARISH
15:35BEARISHNEUTRALBEARISH
15:30BEARISHNEUTRALBEARISH
15:25BEARISHNEUTRALBEARISH
15:20BEARISHNEUTRALBEARISH
15:15BEARISHNEUTRALBEARISH
15:05BEARISHNEUTRALBEARISH
15:00BEARISHNEUTRALBEARISH
14:55BEARISHNEUTRALBEARISH
14:50BEARISHNEUTRALBEARISH
14:45BEARISHNEUTRALBEARISH
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12:15BEARISHNEUTRALBEARISH
12:10BEARISHBEARISHBEARISH
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11:20BEARISHNEUTRALBEARISH
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11:00BEARISHBEARISHBEARISH
10:55BEARISHBEARISHBEARISH
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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 2,426 of results (avg 2.3%, best 0.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31139.49139.55$139.520.0%161.006.3K
$700.00Jul 3139.8039.86$39.830.2%1070.976.6K
$690.00Aug 2153.5753.66$53.610.2%450.895.6K
$742.00Aug 45.725.73$5.730.2%5720.44436
$740.00Jul 315.695.70$5.700.2%12.1K0.4812.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$736.00Aug 148.538.54$8.540.1%2.9K0.44868
$730.00Aug 146.766.77$6.770.1%1.3K0.363.8K
$733.00Aug 75.855.86$5.860.2%7820.384.5K
$731.00Sep 410.9410.96$10.950.2%600.403
$734.00Aug 55.325.33$5.330.2%1270.39508

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 537 found (avg $0.38, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$755.00Jul 290.050.06$0.0616.7%2.2K0.023.2K
$759.00Jul 300.050.06$0.0616.7%1.9K0.021.6K
$762.00Jul 310.050.06$0.0616.7%2.0K0.018.7K
$769.00Aug 50.050.06$0.0616.7%2290.01129
$771.00Aug 60.050.06$0.0616.7%4550.01--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$721.00Jul 280.050.06$0.0616.7%8.9K0.023.1K
$703.00Jul 290.050.06$0.0616.7%1780.01418
$704.00Jul 290.050.06$0.0616.7%1.2K0.01186
$685.00Jul 300.050.06$0.0616.7%110.01460
$663.00Jul 310.050.06$0.0616.7%150.01390

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,203 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27142.61145.43$144.022.0%41.00--
$600.00Jul 27137.61140.43$139.022.0%41.00--
$605.00Jul 27132.61135.43$134.022.1%21.00--
$610.00Jul 27127.71130.43$129.072.1%21.00--
$615.00Jul 27122.61125.43$124.022.3%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 2810.7011.12$10.913.8%6091.00336
$751.00Jul 2811.7012.12$11.913.5%431.007
$752.00Jul 2812.1613.12$12.647.6%841.004
$753.00Jul 2812.7915.24$14.0217.5%61.001
$754.00Jul 2813.7916.24$15.0116.3%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,802 active (total vol 12.5M, top 589.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 270.210.22$0.224.5%589.6K0.257.9K
$739.00Jul 270.580.59$0.591.7%538.1K0.517.2K
$738.00Jul 271.241.26$1.251.6%489.6K0.763.9K
$741.00Jul 270.060.07$0.0714.3%455.5K0.098.5K
$742.00Jul 270.020.03$0.0333.3%406.1K0.047.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$737.00Jul 270.070.08$0.0812.5%565.3K0.104.9K
$736.00Jul 270.020.03$0.0333.3%512.0K0.048.1K
$738.00Jul 270.200.21$0.214.8%457.6K0.246.1K
$735.00Jul 270.010.02$0.0250.0%453.7K0.027.6K
$739.00Jul 270.540.55$0.551.8%344.7K0.499.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 379 strikes (avg 701.8%, max 3474.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4634.6%17.8%3474.0%--58
$870.00Jul 27Sep 4614.7%17.2%3468.1%--529
$860.00Jul 27Aug 31574.5%17.0%3275.0%242.7K
$850.00Jul 27Aug 31533.6%15.8%3274.2%52.8K
$840.00Jul 27Aug 31491.9%15.1%3156.4%1238.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 31316.8%11.8%2577.0%52
$595.00Jul 27Sep 4811.1%35.0%2220.4%9261
$605.00Jul 27Sep 4752.7%33.4%2150.8%476
$615.00Jul 27Sep 4695.0%31.9%2079.3%1108
$620.00Jul 27Sep 4666.4%31.1%2040.4%277

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,033 found (best R:R 49.00, avg 4.02)

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$0.26$4.74$0.2618.23$765.26
$750.00$751.00Jul 29$0.10$0.90$0.109.00$750.10
$760.00$761.00Aug 6$0.10$0.90$0.109.00$760.10
$762.00$763.00Aug 7$0.10$0.90$0.109.00$762.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$700.00$695.00Aug 3$0.10$4.90$0.1049.00$699.90
$645.00$640.00Aug 28$0.10$4.90$0.1049.00$644.90
$630.00$625.00Sep 4$0.10$4.90$0.1049.00$629.90
$695.00$690.00Aug 5$0.11$4.89$0.1144.45$694.89
$650.00$645.00Aug 28$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. 1,459 found (best R:R 226.27, avg 2.79)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$625.00$650.00Aug 7$24.89$24.89$0.11226.27$649.89
$630.00$685.00Aug 6$54.58$54.58$0.42129.95$684.58
$650.00$670.00Aug 7$19.82$19.82$0.18110.11$669.82
$690.00$700.00Jul 28$9.89$9.89$0.1189.91$699.89
$635.00$655.00Aug 14$19.77$19.77$0.2385.96$654.77
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$770.00$760.00Jul 30$9.89$9.89$0.1189.91$760.11
$770.00$762.00Aug 3$7.83$7.83$0.1746.06$762.17
$800.00$795.00Jul 28$4.84$4.84$0.1630.25$795.16
$765.00$760.00Aug 5$4.83$4.83$0.1728.41$760.17
$780.00$775.00Aug 31$4.82$4.82$0.1826.78$775.18

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 212 found (avg debit $1.49, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$749.00Jul 27Jul 28$0.0663.3%13.5%
$798.00Jul 31Aug 21$0.0625.9%12.3%
$799.00Jul 31Aug 21$0.0626.2%12.5%
$655.00Jul 27Jul 28$0.07470.2%71.4%
$796.00Jul 31Aug 21$0.0725.1%12.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$778.00Jul 27Jul 28$0.05213.2%32.3%
$722.00Jul 27Jul 28$0.06104.3%21.7%
$792.00Jul 27Jul 28$0.06279.8%42.5%
$794.00Jul 27Jul 28$0.06289.2%43.9%
$830.00Jul 27Jul 28$0.06449.5%68.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,186 found (cheapest 0.15% of stock, avg 5.22%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$739.00Jul 27$0.59$0.55$1.14$737.86$740.140.15%
$740.00Jul 27$0.22$1.17$1.39$738.61$741.390.19%
$738.00Jul 27$1.25$0.21$1.46$736.54$739.460.20%
$741.00Jul 27$0.07$2.01$2.08$738.92$743.080.28%
$737.00Jul 27$2.12$0.08$2.20$734.80$739.200.30%
$736.00Jul 27$3.02$0.03$3.05$732.95$739.050.41%
$742.00Jul 27$0.03$3.03$3.06$738.94$745.060.41%
$735.00Jul 27$4.00$0.02$4.02$730.98$739.020.54%
$743.00Jul 27$0.02$4.00$4.02$738.98$747.020.54%
$740.00Jul 28$2.04$2.88$4.92$735.08$744.920.67%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 381 found (cheapest 0.02% of stock, avg 1.92%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$741.00$737.00Jul 27$0.07$0.08$0.15$736.85$741.15
$740.00$737.00Jul 27$0.22$0.08$0.30$736.70$740.30
$741.00$738.00Jul 27$0.07$0.21$0.28$737.72$741.28
$740.00$738.00Jul 27$0.22$0.21$0.43$737.57$740.43
$741.00$739.00Jul 27$0.07$0.55$0.62$738.38$741.62
$740.00$739.00Jul 27$0.22$0.55$0.77$738.23$740.77
$744.00$735.00Jul 28$0.57$1.15$1.72$733.28$745.72
$743.00$735.00Jul 28$0.84$1.15$1.99$733.01$744.99
$744.00$736.00Jul 28$0.57$1.39$1.96$734.04$745.96
$743.00$736.00Jul 28$0.84$1.39$2.23$733.77$745.23

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 362 found (best R:R 49.00, avg credit $3.33)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
695/700701/707Aug 4$5.88$0.1249.00$694.12$706.88
660/665685/690Aug 28$4.89$0.1144.45$660.11$689.89
640/645680/685Sep 4$4.88$0.1240.67$640.12$684.88
670/675685/690Aug 14$4.87$0.1337.46$670.13$689.87
635/640680/685Sep 4$4.87$0.1337.46$635.13$684.87
640/645650/665Aug 28$14.58$0.4234.71$630.42$664.58
655/660685/690Aug 28$4.86$0.1434.71$655.14$689.86
630/635680/685Sep 4$4.86$0.1434.71$630.14$684.86
650/655685/690Aug 28$4.85$0.1532.33$650.15$689.85
625/630680/685Sep 4$4.85$0.1532.33$625.15$684.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 275 found (best R:R 199.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$680.00$690.00$700.00Jul 28$0.05$9.95199.00
$600.00$615.00$630.00Jul 28$0.08$14.92186.50
$600.00$605.00$610.00Jul 27$0.05$4.9599.00
$770.00$775.00$780.00Aug 10$0.05$4.9599.00
$680.00$685.00$690.00Aug 14$0.06$4.9482.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$815.00$820.00$825.00Jul 28$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
$685.00$690.00$695.00Aug 10$0.05$4.9599.00
$690.00$695.00$700.00Aug 5$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. 920 found (best net $-0.77, 910 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$630.00$685.001:2Aug 6-$0.77$54.23
$660.00$700.001:2Aug 4-$0.89$39.11
$791.00$820.001:2Aug 6$0.00$29.00
$783.00$800.001:2Aug 4-$0.02$16.98
$820.00$835.001:2Jul 27-$0.01$14.99
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-$0.08$14.92
$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. 379 found (best yield 2.19%, avg 0.54%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$740.00Sep 4$16.180.500.1%2.19%2.31%37779
$741.00Sep 4$15.540.490.3%2.10%2.36%3378
$742.00Sep 4$14.920.480.4%2.02%2.41%270173
$740.00Aug 31$14.820.500.1%2.01%2.13%9502.3K
$740.00Aug 28$14.420.500.1%1.95%2.07%1.3K1.2K
$743.00Sep 4$14.300.470.5%1.93%2.46%10333
$741.00Aug 31$14.190.480.3%1.92%2.18%238273
$741.00Aug 28$13.790.490.3%1.87%2.12%381175
$744.00Sep 4$13.690.460.7%1.85%2.52%14320
$742.00Aug 31$13.570.480.4%1.84%2.23%161353

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 6,229,136
Total Puts 6,322,417
Put/Call Ratio 1.01
Net Difference -93,281

Prior's Put/Call Breakdown

Total Calls 5,466,338
Total Puts 6,747,916
Put/Call Ratio 1.23
Net Difference -1,281,578

Prior 7-Day Put/Call Summary

Total Calls 41,894,483
Total Puts 43,924,964
Average Put/Call Ratio 1.05
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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