Tour v421
SPY
State Street SPDR S&P 500 ETF Trust
$738.97 +0.01%
(7/27 15:40) ◀
|
Monday, July 27, 2026 (3:45pm)
January 2026
|
▶ (7/27 15:50)
◀ 7/27 15:45 ▶

Option Volume

Detail
ℹ
Current (07/27 3:45pm) 12,670,825
Calls: 6,281,297 (50%)
Puts: 6,389,528 (50%)
Prior (07/24) 12,448,532
Calls: 5,563,016 (45%)
Puts: 6,885,516 (55%)
Current vs Prior +1.79%
Calls: +12.91% (Calls)
Puts: -7.20% (Puts)
Prior 7-Day Total 86,644,587
Calls: 42,314,393 (49%)
Puts: 44,330,194 (51%)
Prior 7-Day Average 12,377,798
Calls: 6,044,913 (49%)
Puts: 6,332,884 (51%)
Current vs Prior 7-Day Avg +2.37%
Calls: +3.91%
Puts: +0.89%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/27 3:45pm) $1.63B
Calls: $654.36M (40%)
Puts: $980.23M (60%)
Prior (07/24) $1.86B
Calls: $409.18M (22%)
Puts: $1.45B (78%)
Current vs Prior -11.99%
Calls: +59.92%
Puts: -32.31%
Prior 7-Day Total $11.55B
Calls: $4.91B (42%)
Puts: $6.65B (58%)
Prior 7-Day Average $1.65B
Calls: $700.96M (42%)
Puts: $949.31M (58%)
Current vs Prior 7-Day Avg -0.95%
Calls: -6.65%
Puts: +3.26%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (07/27 3:45pm) 1.02
Prior (07/24) 1.24
Current vs Prior -17.81%
Prior 7-Day Average 1.05
Current vs Prior 7-Day Avg -3.02%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/27 3:45pm) 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% | 0.75%0.24% | 1.15%1.70% | 2.37%3.34% | 4.86%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -70.16% | -27.62%+50.00% | +46.30%+981.72% | +27.29%-3.97% | -2.95%
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 -70.16% | -27.62%+50.00% | +46.30%+981.72% | +27.29%-3.97% | -2.95%
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 -70.16% | -27.62%-70.15% | -14.96%-8.66% | -4.90%-3.97% | -2.95%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 1.74% | 0.68%
Calls: 1.69% | 0.96%
Puts: 1.79% | 0.41%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior +70.59% | +3.03%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg +70.59% | +3.03%
Liquidity Excellent
+
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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 BULLISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
15:45BEARISHNEUTRALBEARISH
15:40BEARISHNEUTRALBEARISH
15:35BEARISHNEUTRALBEARISH
15:30BEARISHNEUTRALBEARISH
15:25BEARISHNEUTRALBEARISH
15:20BEARISHNEUTRALBEARISH
15:15BEARISHNEUTRALBEARISH
15:05BEARISHNEUTRALBEARISH
15:00BEARISHNEUTRALBEARISH
14:55BEARISHNEUTRALBEARISH
14:50BEARISHNEUTRALBEARISH
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12:55BEARISHNEUTRALBEARISH
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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 2,437 of results (avg 2.3%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31139.41139.48$139.450.1%161.006.3K
$700.00Jul 3139.7239.79$39.750.2%1070.976.6K
$740.00Aug 3114.7614.79$14.770.2%9500.502.3K
$690.00Aug 2153.4853.59$53.540.2%450.895.6K
$700.00Aug 2144.3044.40$44.350.2%280.857.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$728.00Aug 64.154.16$4.160.2%1830.30121
$729.00Aug 54.004.01$4.010.2%1680.30259
$727.00Aug 63.933.94$3.940.3%950.2886
$725.00Aug 73.923.93$3.930.3%7.1K0.2712.7K
$728.00Aug 53.773.78$3.780.3%1790.29205

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 533 found (avg $0.38, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$741.00Jul 270.050.06$0.0616.7%460.0K0.088.5K
$755.00Jul 290.050.06$0.0616.7%2.2K0.023.2K
$762.00Jul 310.050.06$0.0616.7%2.0K0.018.7K
$764.00Aug 30.050.06$0.0616.7%9760.01453
$766.00Aug 40.050.06$0.0616.7%2120.0198
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$721.00Jul 280.050.06$0.0616.7%8.9K0.023.1K
$702.00Jul 290.050.06$0.0616.7%1660.01405
$703.00Jul 290.050.06$0.0616.7%1780.01418
$704.00Jul 290.050.06$0.0616.7%1.3K0.01186
$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 27142.50145.37$143.942.0%41.00--
$600.00Jul 27137.50140.37$138.942.1%41.00--
$605.00Jul 27132.50135.37$133.942.1%21.00--
$610.00Jul 27127.50130.37$128.942.2%21.00--
$615.00Jul 27122.50125.37$123.942.3%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 2810.7011.15$10.934.1%6141.00336
$751.00Jul 2811.7012.22$11.964.3%431.007
$752.00Jul 2812.1613.14$12.657.7%841.004
$753.00Jul 2812.8015.31$14.0617.9%61.001
$754.00Jul 2813.8016.24$15.0216.2%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,804 active (total vol 12.6M, top 598.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 270.170.18$0.185.6%598.4K0.237.9K
$739.00Jul 270.520.53$0.531.9%545.2K0.497.2K
$738.00Jul 271.171.19$1.181.7%491.8K0.763.9K
$741.00Jul 270.050.06$0.0616.7%460.0K0.088.5K
$742.00Jul 270.020.03$0.0333.3%411.2K0.047.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$737.00Jul 270.070.08$0.0812.5%570.3K0.104.9K
$736.00Jul 270.020.03$0.0333.3%517.2K0.048.1K
$738.00Jul 270.200.21$0.214.8%466.0K0.256.1K
$735.00Jul 270.010.02$0.0250.0%455.7K0.027.6K
$739.00Jul 270.550.56$0.561.8%355.9K0.519.5K

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 750.4%, max 3705.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4675.9%17.8%3705.2%--58
$870.00Jul 27Sep 4654.8%17.2%3699.0%--529
$860.00Jul 27Aug 31612.0%17.0%3492.6%242.7K
$850.00Jul 27Aug 31568.4%15.8%3491.6%52.8K
$840.00Jul 27Aug 31524.1%15.1%3366.3%1238.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 31337.6%11.8%2749.5%52
$595.00Jul 27Sep 4863.2%34.9%2369.8%9261
$605.00Jul 27Sep 4800.9%33.4%2298.0%476
$615.00Jul 27Sep 4739.5%31.9%2221.6%1108
$620.00Jul 27Sep 4709.0%31.1%2180.0%277

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,021 found (best R:R 49.00, avg 3.97)

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
$762.00$763.00Aug 7$0.10$0.90$0.109.00$762.10
$776.00$777.00Aug 28$0.10$0.90$0.109.00$776.10
$776.00$777.00Aug 31$0.10$0.90$0.109.00$776.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$630.00$625.00Sep 4$0.10$4.90$0.1049.00$629.90
$700.00$695.00Aug 3$0.11$4.89$0.1144.45$699.89
$650.00$645.00Aug 28$0.11$4.89$0.1144.45$649.89
$695.00$690.00Aug 5$0.12$4.88$0.1240.67$694.88
$685.00$680.00Aug 10$0.12$4.88$0.1240.67$684.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,422 found (best R:R 191.31, avg 2.56)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$625.00$650.00Aug 7$24.87$24.87$0.13191.31$649.87
$630.00$685.00Aug 6$54.59$54.59$0.41133.15$684.59
$650.00$670.00Aug 7$19.84$19.84$0.16124.00$669.84
$635.00$655.00Aug 14$19.76$19.76$0.2482.33$654.76
$660.00$700.00Aug 4$39.43$39.43$0.5769.18$699.43
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$774.00$772.00Aug 31$1.87$1.87$0.1314.38$772.13
$759.00$756.00Aug 6$2.77$2.77$0.2312.04$756.23
$755.00$754.00Jul 30$0.90$0.90$0.109.00$754.10
$760.00$755.00Aug 10$4.50$4.50$0.509.00$755.50
$768.00$767.00Aug 21$0.90$0.90$0.109.00$767.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 211 found (avg debit $1.50, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$799.00Jul 31Aug 21$0.0526.3%12.3%
$749.00Jul 27Jul 28$0.0667.8%13.6%
$797.00Jul 31Aug 21$0.0625.5%12.2%
$798.00Jul 31Aug 21$0.0625.9%12.4%
$796.00Jul 31Aug 21$0.0725.1%12.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$722.00Jul 27Jul 28$0.06110.7%21.7%
$723.00Jul 27Jul 28$0.08104.7%21.5%
$776.00Jul 27Jul 28$0.08217.0%31.0%
$724.00Jul 27Jul 28$0.1098.7%21.1%
$746.00Jul 27Jul 28$0.1049.5%13.6%

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$0.53$0.56$1.09$737.91$740.090.15%
$738.00Jul 27$1.18$0.21$1.39$736.61$739.390.19%
$740.00Jul 27$0.18$1.20$1.38$738.62$741.380.19%
$737.00Jul 27$2.05$0.08$2.13$734.87$739.130.29%
$741.00Jul 27$0.06$2.09$2.15$738.85$743.150.29%
$736.00Jul 27$2.97$0.03$3.00$733.00$739.000.41%
$742.00Jul 27$0.03$3.07$3.10$738.90$745.100.42%
$735.00Jul 27$3.95$0.02$3.97$731.03$738.970.54%
$743.00Jul 27$0.02$4.06$4.08$738.92$747.080.55%
$740.00Jul 28$1.98$2.89$4.87$735.13$744.870.66%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 381 found (cheapest 0.02% of stock, avg 1.91%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$741.00$737.00Jul 27$0.06$0.08$0.14$736.86$741.14
$740.00$737.00Jul 27$0.18$0.08$0.26$736.74$740.26
$741.00$738.00Jul 27$0.06$0.21$0.27$737.73$741.27
$740.00$738.00Jul 27$0.18$0.21$0.39$737.61$740.39
$739.00$737.00Jul 27$0.53$0.08$0.61$736.39$739.61
$739.00$738.00Jul 27$0.53$0.21$0.74$737.26$739.74
$744.00$735.00Jul 28$0.55$1.13$1.68$733.32$745.68
$743.00$735.00Jul 28$0.80$1.13$1.93$733.07$744.93
$744.00$736.00Jul 28$0.55$1.38$1.93$734.07$745.93
$742.00$735.00Jul 28$1.12$1.13$2.25$732.75$744.25

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 363 found (best R:R 53.55, avg credit $3.31)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
695/700701/707Aug 4$5.89$0.1153.55$694.11$706.89
660/665685/690Aug 28$4.90$0.1049.00$660.10$689.90
655/660685/690Aug 28$4.88$0.1240.67$655.12$689.88
650/655685/690Aug 28$4.87$0.1337.46$650.13$689.87
660/665675/680Sep 4$4.87$0.1337.46$660.13$679.87
640/645650/665Aug 28$14.59$0.4135.59$630.41$664.59
640/645685/690Aug 28$4.85$0.1532.33$640.15$689.85
655/660675/680Sep 4$4.85$0.1532.33$655.15$679.85
645/650685/690Aug 28$4.84$0.1630.25$645.16$689.84
650/655675/680Sep 4$4.83$0.1728.41$650.17$679.83

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 240 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$770.00$775.00$780.00Aug 10$0.06$4.9482.33
$600.00$605.00$610.00Aug 21$0.07$4.9370.43
$785.00$790.00$795.00Aug 28$0.08$4.9261.50
$721.00$723.00$725.00Aug 4$0.06$1.9432.33
$700.00$705.00$710.00Sep 4$0.15$4.8532.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$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 10$0.06$4.9482.33
$675.00$680.00$685.00Aug 14$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. 918 found (best net $-0.69, 908 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$630.00$685.001:2Aug 6-$0.69$54.31
$660.00$700.001:2Aug 4-$0.88$39.12
$791.00$815.001:2Aug 6-$0.02$23.98
$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-$0.07$14.93
$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. 393 found (best yield 2.25%, avg 0.56%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$739.00Sep 4$16.650.510.0%2.25%2.26%19865
$740.00Sep 4$16.120.500.1%2.18%2.32%37779
$741.00Sep 4$15.480.490.3%2.09%2.37%3378
$739.00Aug 31$15.400.510.0%2.08%2.09%2251.0K
$739.00Aug 28$15.000.510.0%2.03%2.03%477212
$742.00Sep 4$14.850.480.4%2.01%2.42%270173
$740.00Aug 31$14.760.500.1%2.00%2.14%9502.3K
$740.00Aug 28$14.360.500.1%1.94%2.08%1.3K1.2K
$743.00Sep 4$14.240.470.6%1.93%2.47%10333
$741.00Aug 31$14.130.480.3%1.91%2.19%238273

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 6,281,297
Total Puts 6,389,528
Put/Call Ratio 1.02
Net Difference -108,231

Prior's Put/Call Breakdown

Total Calls 5,563,016
Total Puts 6,885,516
Put/Call Ratio 1.24
Net Difference -1,322,500

Prior 7-Day Put/Call Summary

Total Calls 42,314,393
Total Puts 44,330,194
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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