Tour v422
SPY
State Street SPDR S&P 500 ETF Trust
$739.09 +0.02%
$739.01 (-0.01%)🌙
as of 07/27 04:10 PM
7/27 16:10

Option Volume

Detail
Current (07/27 4:10pm) 13,122,361
Calls: 6,498,234 (50%)
Puts: 6,624,127 (50%)
Prior (07/24) 13,060,227
Calls: 5,800,915 (44%)
Puts: 7,259,312 (56%)
Current vs Prior +0.48%
Calls: +12.02% (Calls)
Puts: -8.75% (Puts)
Prior 7-Day Total 90,084,432
Calls: 43,970,723 (49%)
Puts: 46,113,709 (51%)
Prior 7-Day Average 12,869,204
Calls: 6,281,531 (49%)
Puts: 6,587,672 (51%)
Current vs Prior 7-Day Avg +1.97%
Calls: +3.45%
Puts: +0.55%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/27 4:10pm) $1.61B
Calls: $649.01M (40%)
Puts: $959.59M (60%)
Prior (07/24) $1.68B
Calls: $458.43M (27%)
Puts: $1.22B (73%)
Current vs Prior -4.02%
Calls: +41.57%
Puts: -21.18%
Prior 7-Day Total $11.52B
Calls: $4.50B (39%)
Puts: $7.02B (61%)
Prior 7-Day Average $1.65B
Calls: $642.18M (39%)
Puts: $1.00B (61%)
Current vs Prior 7-Day Avg -2.23%
Calls: +1.06%
Puts: -4.34%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/27 4:10pm) 1.02
Prior (07/24) 1.25
Current vs Prior -18.54%
Prior 7-Day Average 1.05
Current vs Prior 7-Day Avg -3.02%
Sentiment BEARISH

Open Interest

Detail
Current (07/27 4:10pm) 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 0.18% | 0.71%0.18% | 1.11%1.65% | 2.31%3.30% | 4.82%
Prior 0.79% | 1.03%0.16% | 0.79%0.16% | 1.86%3.48% | 5.01%
Current vs Prior -10.31% | +7.44%+15.48% | +40.79%+948.79% | +24.50%-5.27% | -3.80%
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 -10.31% | +7.44%+15.48% | +40.79%+948.79% | +24.50%-5.27% | -3.80%
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 -10.31% | +7.44%-77.02% | -18.17%-11.44% | -6.98%-5.27% | -3.80%
Sentiment BULLISHBEARISHBEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.94% | 0.48%
Calls: 1.09% | 0.47%
Puts: 0.78% | 0.50%
Prior 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs Prior -7.84% | -27.27%
Prior 7-Day Avg 1.02% | 0.66%
Calls: 0.98% | 0.50%
Puts: 1.05% | 0.82%
Current vs 7-Day Avg -7.84% | -27.27%
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 NEUTRAL
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
16:10BEARISHNEUTRALBEARISH
16:05BEARISHNEUTRALBEARISH
16:00BEARISHNEUTRALBEARISH
15:55BEARISHNEUTRALBEARISH
15:50BEARISHNEUTRALBEARISH
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11:20BEARISHNEUTRALBEARISH
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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 2,429 of results (avg 2.4%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31139.47139.56$139.510.1%161.006.3K
$700.00Jul 3139.7539.84$39.800.2%1070.976.6K
$739.00Jul 294.014.02$4.010.2%12.3K0.512.2K
$740.00Aug 67.677.69$7.680.3%5770.49313
$742.00Aug 2111.2011.23$11.220.3%2.1K0.471.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$738.00Aug 77.397.41$7.400.3%1.3K0.471.0K
$738.00Aug 3112.2212.26$12.240.3%5270.481.2K
$731.00Jul 313.033.04$3.040.3%2.4K0.302.1K
$745.00Aug 3114.9414.99$14.970.3%2.0K0.552.4K
$737.00Aug 3111.8811.92$11.900.3%7840.47693

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 529 found (avg $0.39, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 270.050.06$0.0616.7%620.9K0.137.9K
$754.00Jul 290.050.06$0.0616.7%1.8K0.021.4K
$758.00Jul 300.050.06$0.0616.7%1.1K0.02844
$761.00Jul 310.050.06$0.0616.7%5.0K0.029.4K
$764.00Aug 30.050.06$0.0616.7%9780.01453
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$723.00Jul 280.050.06$0.0616.7%13.9K0.021.6K
$706.00Jul 290.050.06$0.0616.7%1820.01239
$707.00Jul 290.050.06$0.0616.7%3570.01220
$670.00Jul 310.050.06$0.0616.7%1.1K0.0110.4K
$671.00Jul 310.050.06$0.0616.7%230.01591

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,209 found (avg delta 0.83, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 27142.63145.44$144.042.0%41.00--
$600.00Jul 27137.63140.44$139.042.0%41.00--
$605.00Jul 27132.63135.44$134.042.1%21.00--
$610.00Jul 27127.63130.44$129.042.2%21.00--
$615.00Jul 27122.63125.43$124.032.3%21.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$750.00Jul 2810.3911.31$10.858.5%7111.00336
$751.00Jul 2811.1212.73$11.9313.5%431.007
$752.00Jul 2812.6613.24$12.954.5%851.004
$753.00Jul 2812.6715.35$14.0119.1%61.001
$754.00Jul 2813.6716.37$15.0218.0%21.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,839 active (total vol 13.1M, top 620.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 270.050.06$0.0616.7%620.9K0.137.9K
$739.00Jul 270.310.33$0.326.3%567.5K0.537.2K
$738.00Jul 271.061.11$1.094.6%498.2K0.933.9K
$741.00Jul 270.010.02$0.0250.0%470.5K0.048.5K
$742.00Jul 270.000.01$0.01100.0%418.9K0.017.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$737.00Jul 270.010.02$0.0250.0%589.4K0.034.9K
$736.00Jul 270.010.02$0.0250.0%532.9K0.038.1K
$738.00Jul 270.040.05$0.0520.0%489.2K0.116.1K
$735.00Jul 270.000.01$0.01100.0%465.3K0.017.6K
$739.00Jul 270.270.29$0.287.1%375.4K0.489.5K

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 751.7%, max 3704.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$875.00Jul 27Sep 4675.5%17.8%3704.5%--58
$870.00Jul 27Sep 4654.4%17.2%3698.2%--529
$860.00Jul 27Aug 31611.5%17.0%3491.9%242.7K
$850.00Jul 27Aug 31568.0%15.8%3491.1%52.8K
$840.00Jul 27Aug 31523.7%15.1%3365.6%1238.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$800.00Jul 27Aug 31337.2%11.8%2749.0%52
$595.00Jul 27Sep 4863.6%34.9%2376.8%12261
$605.00Jul 27Sep 4801.3%33.3%2304.1%476
$615.00Jul 27Sep 4739.9%31.8%2229.0%1108
$620.00Jul 27Sep 4709.4%31.0%2187.0%277

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 991 found (best R:R 49.00, avg 4.07)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$785.00$790.00Aug 28$0.16$4.84$0.1630.25$785.16
$765.00$770.00Aug 10$0.25$4.75$0.2519.00$765.25
$753.00$754.00Jul 30$0.10$0.90$0.109.00$753.10
$755.00$756.00Jul 31$0.10$0.90$0.109.00$755.10
$760.00$761.00Aug 6$0.10$0.90$0.109.00$760.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$690.00$685.00Aug 6$0.10$4.90$0.1049.00$689.90
$645.00$640.00Aug 28$0.10$4.90$0.1049.00$644.90
$695.00$690.00Aug 5$0.11$4.89$0.1144.45$694.89
$635.00$630.00Sep 4$0.11$4.89$0.1144.45$634.89
$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. 1,381 found (best R:R 226.27, avg 2.68)

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$54.59$54.59$0.41133.15$684.59
$660.00$700.00Aug 4$39.56$39.56$0.4489.91$699.56
$635.00$655.00Aug 14$19.76$19.76$0.2482.33$654.76
$615.00$625.00Aug 31$9.83$9.83$0.1757.82$624.83
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$775.00$772.00Aug 28$2.86$2.86$0.1420.43$772.14
$774.00$772.00Aug 31$1.88$1.88$0.1215.67$772.12
$772.00$770.00Aug 31$1.87$1.87$0.1314.38$770.13
$760.00$755.00Aug 10$4.62$4.62$0.3812.16$755.38
$772.00$770.00Aug 21$1.83$1.83$0.1710.76$770.17

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 216 found (avg debit $1.42, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$748.00Jul 27Jul 28$0.0661.3%12.5%
$799.00Jul 31Aug 21$0.0623.9%12.3%
$797.00Jul 31Aug 21$0.0723.2%12.2%
$798.00Jul 31Aug 21$0.0723.5%12.3%
$718.00Jul 27Jul 28$0.08134.8%23.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$724.00Jul 27Jul 28$0.0799.1%20.2%
$747.00Jul 27Jul 28$0.0755.2%12.7%
$769.00Jul 27Jul 28$0.08179.6%25.8%
$725.00Jul 27Jul 28$0.0993.1%19.8%
$777.00Jul 27Sep 4$0.09221.7%12.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,192 found (cheapest 0.08% of stock, avg 5.21%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$739.00Jul 27$0.32$0.28$0.60$738.40$739.600.08%
$738.00Jul 27$1.09$0.05$1.14$736.86$739.140.15%
$740.00Jul 27$0.06$1.02$1.08$738.92$741.080.15%
$737.00Jul 27$2.04$0.02$2.06$734.94$739.060.28%
$741.00Jul 27$0.02$2.02$2.04$738.96$743.040.28%
$742.00Jul 27$0.01$2.95$2.96$739.04$744.960.40%
$736.00Jul 27$3.06$0.02$3.08$732.92$739.080.42%
$735.00Jul 27$3.97$0.01$3.98$731.02$738.980.54%
$743.00Jul 27$0.01$3.97$3.98$739.02$746.980.54%
$740.00Jul 28$1.93$2.76$4.69$735.31$744.690.63%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 377 found (cheapest 0.01% of stock, avg 1.91%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$740.00$738.00Jul 27$0.06$0.05$0.11$737.89$740.11
$740.00$739.00Jul 27$0.06$0.28$0.34$738.66$740.34
$744.00$735.00Jul 28$0.49$1.04$1.53$733.47$745.53
$743.00$735.00Jul 28$0.74$1.04$1.78$733.22$744.78
$744.00$736.00Jul 28$0.49$1.27$1.76$734.24$745.76
$743.00$736.00Jul 28$0.74$1.27$2.01$733.99$745.01
$742.00$735.00Jul 28$1.06$1.04$2.10$732.90$744.10
$744.00$737.00Jul 28$0.49$1.57$2.06$734.94$746.06
$743.00$737.00Jul 28$0.74$1.57$2.31$734.69$745.31
$742.00$736.00Jul 28$1.06$1.27$2.33$733.67$744.33

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 347 found (best R:R 135.36, avg credit $3.13)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
660/665670/685Aug 28$14.89$0.11135.36$650.11$684.89
655/660670/685Aug 28$14.85$0.1599.00$645.15$684.85
645/650670/685Aug 28$14.84$0.1692.75$635.16$684.84
650/655670/685Aug 28$14.84$0.1692.75$640.16$684.84
640/645670/685Aug 28$14.81$0.1977.95$630.19$684.81
640/645665/670Aug 28$4.89$0.1144.45$640.11$669.89
675/680685/690Aug 28$4.89$0.1144.45$675.11$689.89
645/650655/665Aug 28$9.77$0.2342.48$640.23$664.77
640/645655/665Aug 28$9.74$0.2637.46$635.26$664.74
670/675685/690Aug 28$4.85$0.1532.33$670.15$689.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 223 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$675.00$680.00$685.00Aug 7$0.05$4.9599.00
$600.00$605.00$610.00Jul 31$0.06$4.9482.33
$770.00$775.00$780.00Aug 10$0.06$4.9482.33
$785.00$790.00$795.00Aug 28$0.06$4.9482.33
$695.00$700.00$705.00Sep 4$0.06$4.9482.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 6$0.05$4.9599.00
$745.00$750.00$755.00Aug 10$0.05$4.9599.00
$680.00$685.00$690.00Sep 4$0.05$4.9599.00
$690.00$695.00$700.00Aug 5$0.06$4.9482.33
$690.00$695.00$700.00Aug 10$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 $-0.76, 910 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$630.00$685.001:2Aug 6-$0.76$54.24
$660.00$700.001:2Aug 4-$0.71$39.29
$791.00$815.001:2Aug 6$0.00$24.00
$820.00$835.001:2Jul 27-$0.01$14.99
$820.00$835.001:2Jul 28-$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-$0.06$14.94
$660.00$645.001:2Aug 5-$0.07$14.93
$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. 376 found (best yield 2.18%, avg 0.54%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$740.00Sep 4$16.130.500.1%2.18%2.31%42879
$741.00Sep 4$15.490.490.3%2.10%2.35%3378
$742.00Sep 4$14.870.480.4%2.01%2.41%270173
$740.00Aug 31$14.770.500.1%2.00%2.12%9762.3K
$740.00Aug 28$14.370.500.1%1.94%2.07%1.3K1.2K
$743.00Sep 4$14.250.470.5%1.93%2.46%15333
$741.00Aug 31$14.140.480.3%1.91%2.17%238273
$741.00Aug 28$13.730.490.3%1.86%2.12%438175
$744.00Sep 4$13.640.460.7%1.85%2.51%19320
$742.00Aug 31$13.510.480.4%1.83%2.22%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 6,498,234
Total Puts 6,624,127
Put/Call Ratio 1.02
Net Difference -125,893

Prior's Put/Call Breakdown

Total Calls 5,800,915
Total Puts 7,259,312
Put/Call Ratio 1.25
Net Difference -1,458,397

Prior 7-Day Put/Call Summary

Total Calls 43,970,723
Total Puts 46,113,709
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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