Tour v435
SPY
State Street SPDR S&P 500 ETF Trust
$737.95 -0.15%
7/28 09:50

Option Volume

Detail
Current (07/28 9:50am) 1,097,947
Calls: 469,869 (43%)
Puts: 628,078 (57%)
Prior (07/27) 1,264,314
Calls: 585,416 (46%)
Puts: 678,898 (54%)
Current vs Prior -13.16%
Calls: -19.74% (Calls)
Puts: -7.49% (Puts)
Prior 7-Day Total 27,796,618
Calls: 13,027,324 (47%)
Puts: 14,769,294 (53%)
Prior 7-Day Average 5,559,323
Calls: 1,861,046 (47%)
Puts: 2,109,899 (53%)
Current vs Prior 7-Day Avg -80.25%
Calls: -74.75%
Puts: -70.23%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/28 9:50am) $168.34M
Calls: $68.98M (41%)
Puts: $99.36M (59%)
Prior (07/27) $194.85M
Calls: $83.89M (43%)
Puts: $110.96M (57%)
Current vs Prior -13.60%
Calls: -17.77%
Puts: -10.45%
Prior 7-Day Total $3.52B
Calls: $1.19B (34%)
Puts: $2.32B (66%)
Prior 7-Day Average $703.38M
Calls: $170.28M (34%)
Puts: $332.14M (66%)
Current vs Prior 7-Day Avg -76.07%
Calls: -59.49%
Puts: -70.08%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/28 9:50am) 1.34
Prior (07/27) 1.16
Current vs Prior +15.26%
Prior 7-Day Average 1.16
Current vs Prior 7-Day Avg +15.28%
Sentiment BEARISH

Open Interest

Detail
Current (07/28 9:50am) 7,739,069
Calls: 2,264,374 (29%)
Puts: 5,474,695 (71%)
Prior (07/27) 7,554,153
Calls: 2,204,257 (29%)
Puts: 5,349,896 (71%)
Current vs Prior +2.45%
Prior 7-Day Total 38,706,409
Calls: 11,379,646 (29%)
Puts: 27,326,763 (71%)
Prior 7-Day Average 7,741,281
Calls: 2,275,929 (29%)
Puts: 5,465,352 (71%)
Current vs Prior 7-Day Avg -0.03%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/28) | Next (07/29)Expiry (07/29) | Next (07/31)Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 0.59% | 1.08%1.08% | 1.65%1.65% | 2.34%3.33% | 4.86%
Prior 0.70% | 1.11%0.18% | 1.11%1.64% | 2.31%3.29% | 4.82%
Current vs Prior -15.83% | -2.65%+505.49% | +48.96%+0.82% | +1.27%+1.14% | +0.86%
Prior 7-Day Avg 0.75% | 1.07%0.17% | 0.95%0.90% | 2.09%3.39% | 4.91%
Current vs 7-Day Avg -20.65% | +0.84%+544.46% | +74.19%+84.03% | +12.23%-1.66% | -1.14%
Prior 7-Day Eod 0.70% | 1.11%0.18% | 1.11%1.64% | 2.31%3.29% | 4.82%
Current vs 7-Day Eod -15.83% | -2.65%+505.49% | +48.96%+0.82% | +1.27%+1.14% | +0.86%
Sentiment BULLISHBEARISHBEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 0.46% | 0.62%
Calls: 0.41% | 0.70%
Puts: 0.52% | 0.54%
Prior 1.68% | 0.73%
Calls: 0.82% | 0.75%
Puts: 2.54% | 0.71%
Current vs Prior -72.62% | -15.07%
Prior 7-Day Avg 1.35% | 0.70%
Calls: 0.90% | 0.62%
Puts: 1.79% | 0.76%
Current vs 7-Day Avg -65.93% | -10.79%
Liquidity Excellent
+
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🤖 AI Insights

Bearish P/C ratio of 1.34 indicates protective positioning. Put-heavy open interest (5,474,695 puts vs 2,264,374 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
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
09:50BEARISHBEARISHBEARISH
09:45BEARISHBEARISHBEARISH
09:40BEARISHBEARISHBEARISH
09:35BEARISHNEUTRALBEARISH

📈 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 2,191 of results (avg 2.1%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31138.31138.39$138.350.1%--1.006.3K
$700.00Jul 3138.5838.64$38.610.2%260.976.7K
$690.00Aug 2152.4052.53$52.470.2%40.895.6K
$700.00Aug 2143.2443.36$43.300.3%40.857.6K
$742.00Sep 414.1414.18$14.160.3%--0.47381
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$726.00Aug 53.473.48$3.480.3%80.27240
$744.00Aug 3115.0315.08$15.060.3%--0.56988
$733.00Sep 411.8311.87$11.850.3%10.43101
$743.00Aug 3114.6014.65$14.630.3%--0.55913
$735.00Aug 3111.6011.64$11.620.3%50.467.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 535 found (avg $0.38, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$746.00Jul 280.050.06$0.0616.7%13.3K0.0312.3K
$758.00Jul 300.050.06$0.0616.7%70.021.4K
$764.00Aug 30.050.06$0.0616.7%30.011.1K
$766.00Aug 40.050.06$0.0616.7%--0.01163
$768.00Aug 50.050.06$0.0616.7%--0.0119
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$724.00Jul 280.050.06$0.0616.7%6.6K0.026.5K
$709.00Jul 290.050.06$0.0616.7%300.011.7K
$710.00Jul 290.050.06$0.0616.7%1320.013.5K
$690.00Jul 300.050.06$0.0616.7%310.01571
$672.00Jul 310.050.06$0.0616.7%10.01456

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 917 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 31141.61143.78$142.701.5%71.00296
$600.00Jul 31138.31138.39$138.350.1%--1.006.3K
$605.00Jul 31131.58135.05$133.322.6%--1.0022
$610.00Jul 31126.59128.79$127.691.7%--1.00124
$615.00Jul 31121.59123.93$122.761.9%--1.00572
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$747.00Jul 289.049.62$9.336.2%721.001.9K
$748.00Jul 2810.0410.34$10.192.9%581.0070
$749.00Jul 2811.0311.32$11.182.6%251.0039
$750.00Jul 2812.0312.32$12.182.4%951.00129
$751.00Jul 2813.0014.36$13.689.9%131.005

Most actively traded options today. High liquidity = easy entry/exit. 1,739 active (total vol 1.1M, top 62.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 280.950.96$0.961.0%49.9K0.3212.3K
$738.00Jul 281.851.87$1.861.1%44.1K0.494.5K
$739.00Jul 281.351.37$1.361.5%42.3K0.404.8K
$741.00Jul 280.630.64$0.641.6%32.2K0.245.3K
$742.00Jul 280.400.41$0.412.4%27.6K0.178.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$736.00Jul 281.171.18$1.170.9%62.8K0.357.4K
$737.00Jul 281.511.52$1.520.7%61.0K0.439.0K
$735.00Jul 280.900.91$0.911.1%53.7K0.299.3K
$738.00Jul 281.921.93$1.920.5%50.2K0.518.1K
$734.00Jul 280.690.70$0.701.4%39.1K0.233.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 344 strikes (avg 159.9%, max 952.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$870.00Jul 28Sep 4184.6%17.5%952.6%--502
$860.00Jul 28Aug 31172.6%16.6%939.8%--3.1K
$865.00Jul 28Aug 28178.6%18.0%894.3%--355
$850.00Jul 28Aug 31160.5%16.2%892.2%--3.0K
$840.00Jul 28Aug 31148.1%14.9%890.5%--8.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$600.00Jul 28Sep 4231.0%34.2%575.2%--341
$605.00Jul 28Aug 31222.3%33.9%554.9%--21.4K
$615.00Jul 28Aug 31205.1%32.3%534.8%--2.6K
$620.00Jul 28Sep 4196.6%31.1%531.3%1363
$625.00Jul 28Sep 4188.1%30.4%519.0%--138

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,084 found (best R:R 82.33, avg 4.34)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$770.00$780.00Aug 11$0.14$9.86$0.1470.43$770.14
$785.00$790.00Aug 28$0.15$4.85$0.1532.33$785.15
$765.00$770.00Aug 11$0.26$4.74$0.2618.23$765.26
$743.00$744.00Jul 28$0.10$0.90$0.109.00$743.10
$758.00$759.00Aug 5$0.10$0.90$0.109.00$758.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$610.00$600.00Sep 4$0.12$9.88$0.1282.33$609.88
$620.00$610.00Sep 4$0.15$9.85$0.1565.67$619.85
$695.00$690.00Aug 4$0.10$4.90$0.1049.00$694.90
$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

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,414 found (best R:R 82.33, avg 1.92)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$635.00$655.00Aug 14$19.76$19.76$0.2482.33$654.76
$615.00$625.00Aug 7$9.82$9.82$0.1854.56$624.82
$655.00$680.00Aug 14$24.46$24.46$0.5445.30$679.46
$675.00$680.00Aug 7$4.89$4.89$0.1144.45$679.89
$680.00$685.00Aug 7$4.89$4.89$0.1144.45$684.89
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$780.00$775.00Aug 28$4.89$4.89$0.1144.45$775.11
$780.00$775.00Aug 31$4.82$4.82$0.1826.78$775.18
$762.00$757.00Aug 3$4.77$4.77$0.2320.74$757.23
$770.00$767.00Aug 28$2.82$2.82$0.1815.67$767.18
$765.00$762.00Aug 7$2.80$2.80$0.2014.00$762.20

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 249 found (avg debit $1.68, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$796.00Jul 31Aug 21$0.0625.8%12.2%
$797.00Jul 31Aug 21$0.0626.2%12.4%
$752.00Jul 28Jul 29$0.0725.8%16.7%
$680.00Jul 28Jul 29$0.0997.5%49.2%
$751.00Jul 28Jul 29$0.1027.3%16.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$711.00Jul 28Jul 29$0.0647.3%29.0%
$770.00Jul 31Aug 7$0.0616.9%11.8%
$712.00Jul 28Jul 29$0.0745.6%28.6%
$750.00Jul 28Jul 29$0.0725.5%17.0%
$755.00Jul 28Jul 29$0.0730.6%16.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 913 found (cheapest 0.51% of stock, avg 4.97%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$738.00Jul 28$1.86$1.92$3.78$734.22$741.780.51%
$739.00Jul 28$1.36$2.42$3.78$735.22$742.780.51%
$737.00Jul 28$2.45$1.52$3.97$733.03$740.970.54%
$740.00Jul 28$0.96$3.01$3.97$736.03$743.970.54%
$736.00Jul 28$3.11$1.17$4.28$731.72$740.280.58%
$741.00Jul 28$0.64$3.70$4.34$736.66$745.340.59%
$735.00Jul 28$3.84$0.91$4.75$730.25$739.750.64%
$742.00Jul 28$0.41$4.47$4.88$737.12$746.880.66%
$734.00Jul 28$4.63$0.70$5.33$728.67$739.330.72%
$743.00Jul 28$0.26$5.32$5.58$737.42$748.580.76%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.13% of stock, avg 1.91%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$742.00$733.00Jul 28$0.41$0.53$0.94$732.06$742.94
$742.00$734.00Jul 28$0.41$0.70$1.11$732.89$743.11
$741.00$733.00Jul 28$0.64$0.53$1.17$731.83$742.17
$741.00$734.00Jul 28$0.64$0.70$1.34$732.66$742.34
$742.00$735.00Jul 28$0.41$0.91$1.32$733.68$743.32
$740.00$733.00Jul 28$0.96$0.53$1.49$731.51$741.49
$741.00$735.00Jul 28$0.64$0.91$1.55$733.45$742.55
$742.00$736.00Jul 28$0.41$1.17$1.58$734.42$743.58
$740.00$734.00Jul 28$0.96$0.70$1.66$732.34$741.66
$740.00$735.00Jul 28$0.96$0.91$1.87$733.13$741.87

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 729 found (best R:R 44.45, avg credit $1.95)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
670/675680/685Aug 14$4.89$0.1144.45$670.11$684.89
665/670680/685Aug 14$4.88$0.1240.67$665.12$684.88
655/660710/715Sep 4$4.88$0.1240.67$655.12$714.88
650/655710/715Sep 4$4.87$0.1337.46$650.13$714.87
645/650710/715Sep 4$4.84$0.1630.25$645.16$714.84
640/645710/715Sep 4$4.83$0.1728.41$640.17$714.83
680/685690/697Aug 14$6.75$0.2527.00$678.25$696.75
635/640710/715Sep 4$4.82$0.1826.78$635.18$714.82
675/680690/697Aug 14$6.71$0.2923.14$673.29$696.71
625/630710/715Sep 4$4.79$0.2122.81$625.21$714.79

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 215 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$640.00$645.00$650.00Aug 21$0.06$4.9482.33
$785.00$790.00$795.00Aug 28$0.06$4.9482.33
$595.00$600.00$605.00Aug 31$0.07$4.9370.43
$605.00$610.00$615.00Aug 31$0.18$4.8226.78
$735.00$736.00$737.00Aug 4$0.05$0.9519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 6$0.06$4.9482.33
$685.00$690.00$695.00Aug 10$0.06$4.9482.33
$690.00$695.00$700.00Aug 11$0.06$4.9482.33
$680.00$685.00$690.00Sep 4$0.06$4.9482.33
$695.00$700.00$705.00Aug 11$0.08$4.9261.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 906 found (best net $-0.01, 898 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$791.00$810.001:2Aug 6-$0.02$18.98
$820.00$835.001:2Jul 28-$0.01$14.99
$820.00$835.001:2Aug 5-$0.01$14.99
$857.00$870.001:2Sep 4-$0.03$12.97
$709.00$724.001:2Aug 4-$4.05$10.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$650.00$615.001:2Aug 5-$0.01$34.99
$635.00$605.001:2Aug 6-$0.01$29.99
$645.00$620.001:2Aug 3-$0.01$24.99
$655.00$640.001:2Jul 28-$0.01$14.99
$650.00$635.001:2Aug 6-$0.07$14.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 410 found (best yield 2.26%, avg 0.56%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$738.00Sep 4$16.650.510.0%2.26%2.26%2944
$739.00Sep 4$16.010.500.1%2.17%2.31%--86
$740.00Sep 4$15.370.490.3%2.08%2.36%133270
$738.00Aug 31$15.290.510.0%2.07%2.08%16658
$738.00Aug 28$14.890.510.0%2.02%2.02%13262
$741.00Sep 4$14.750.470.4%2.00%2.41%293
$739.00Aug 31$14.650.500.1%1.99%2.13%63996
$739.00Aug 28$14.250.500.1%1.93%2.07%12385
$742.00Sep 4$14.140.470.6%1.92%2.46%--381
$740.00Aug 31$14.020.480.3%1.90%2.18%1332.4K

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 469,869
Total Puts 628,078
Put/Call Ratio 1.34
Net Difference -158,209

Prior's Put/Call Breakdown

Total Calls 585,416
Total Puts 678,898
Put/Call Ratio 1.16
Net Difference -93,482

Prior 7-Day Put/Call Summary

Total Calls 13,027,324
Total Puts 14,769,294
Average Put/Call Ratio 1.16
Ratio Trend Rising

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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