Tour v436
SPY
State Street SPDR S&P 500 ETF Trust
$737.72 -0.19%
7/28 10:30

Option Volume

Detail
Current (07/28 10:30am) 2,640,579
Calls: 1,153,592 (44%)
Puts: 1,486,987 (56%)
Prior (07/27) 3,267,714
Calls: 1,487,743 (46%)
Puts: 1,779,971 (54%)
Current vs Prior -19.19%
Calls: -22.46% (Calls)
Puts: -16.46% (Puts)
Prior 7-Day Total 36,954,364
Calls: 16,963,528 (46%)
Puts: 19,990,836 (54%)
Prior 7-Day Average 5,279,194
Calls: 2,423,361 (46%)
Puts: 2,855,833 (54%)
Current vs Prior 7-Day Avg -49.98%
Calls: -52.40%
Puts: -47.93%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/28 10:30am) $391.35M
Calls: $178.08M (46%)
Puts: $213.27M (54%)
Prior (07/27) $723.12M
Calls: $113.17M (16%)
Puts: $609.95M (84%)
Current vs Prior -45.88%
Calls: +57.36%
Puts: -65.04%
Prior 7-Day Total $4.95B
Calls: $1.73B (35%)
Puts: $3.22B (65%)
Prior 7-Day Average $707.03M
Calls: $247.46M (35%)
Puts: $459.57M (65%)
Current vs Prior 7-Day Avg -44.65%
Calls: -28.04%
Puts: -53.59%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/28 10:30am) 1.29
Prior (07/27) 1.20
Current vs Prior +7.74%
Prior 7-Day Average 1.26
Current vs Prior 7-Day Avg +2.24%
Sentiment BEARISH

Open Interest

Detail
Current (07/28 10:30am) 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 54,184,547
Calls: 15,908,394 (29%)
Puts: 38,276,153 (71%)
Prior 7-Day Average 7,740,649
Calls: 2,272,627 (29%)
Puts: 5,468,021 (71%)
Current vs Prior 7-Day Avg -0.02%
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 0.53% | 1.04%1.04% | 1.59%1.59% | 2.29%3.28% | 4.83%
Prior 0.70% | 1.11%0.18% | 1.11%1.64% | 2.31%3.29% | 4.82%
Current vs Prior -24.48% | -6.28%+482.87% | +43.27%-3.03% | -0.93%-0.35% | +0.21%
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 -28.80% | -2.92%+520.38% | +67.53%+77.00% | +9.80%-3.11% | -1.77%
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 -24.48% | -6.28%+482.87% | +43.27%-3.03% | -0.93%-0.35% | +0.21%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 0.52% | 0.65%
Calls: 0.47% | 0.74%
Puts: 0.56% | 0.55%
Prior 1.68% | 0.73%
Calls: 0.82% | 0.75%
Puts: 2.54% | 0.71%
Current vs Prior -69.05% | -10.96%
Prior 7-Day Avg 1.35% | 0.70%
Calls: 0.90% | 0.62%
Puts: 1.79% | 0.76%
Current vs 7-Day Avg -61.48% | -6.47%
Liquidity Excellent
+
Add Card

🤖 AI Insights

Bearish P/C ratio of 1.29 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
10:30BEARISHBEARISHBEARISH
10:25BEARISHBEARISHBEARISH
10:20BEARISHBEARISHBEARISH
10:15BEARISHBEARISHBEARISH
10:10BEARISHBEARISHBEARISH
10:05BEARISHBEARISHBEARISH
10:00BEARISHBEARISHBEARISH
09:55BEARISHBEARISHBEARISH
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 2,181 of results (avg 2.3%, best 0.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31138.16138.22$138.190.0%--1.006.3K
$700.00Jul 3138.3938.46$38.420.2%450.986.7K
$738.00Aug 2112.6912.72$12.710.2%1.6K0.512.0K
$738.00Sep 416.4216.46$16.440.2%1790.5144
$745.00Sep 412.1512.18$12.170.2%180.44126
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$741.00Aug 3113.7213.76$13.740.3%520.521.3K
$739.00Aug 3112.9412.98$12.960.3%1150.511.2K
$722.00Aug 216.326.34$6.330.3%130.302.9K
$743.00Sep 415.4015.45$15.430.3%30.5432
$733.00Aug 219.149.17$9.160.3%4530.424.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 553 found (avg $0.38, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 280.050.06$0.0616.7%40.6K0.0417.7K
$757.00Jul 300.050.06$0.0616.7%180.021.6K
$761.00Jul 310.050.06$0.0616.7%330.019.4K
$763.00Aug 30.050.06$0.0616.7%4450.014.0K
$765.00Aug 40.050.06$0.0616.7%10.01329
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$726.00Jul 280.050.06$0.0616.7%20.7K0.023.0K
$709.00Jul 290.050.06$0.0616.7%2690.011.7K
$710.00Jul 290.050.06$0.0616.7%1590.013.5K
$690.00Jul 300.050.06$0.0616.7%450.01571
$672.00Jul 310.050.06$0.0616.7%40.01456

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 984 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 31141.58144.41$143.002.0%71.00296
$600.00Jul 31138.16138.22$138.190.0%--1.006.3K
$605.00Jul 31131.53135.05$133.292.6%--1.0022
$610.00Jul 31126.59129.49$128.042.3%--1.00124
$670.00Jul 2866.1368.91$67.524.1%101.0016
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$746.00Jul 288.088.35$8.223.3%4111.001.7K
$747.00Jul 289.089.33$9.212.7%2081.001.9K
$748.00Jul 2810.0610.75$10.416.6%1711.0070
$749.00Jul 2811.0611.45$11.263.5%771.0039
$750.00Jul 2812.0512.35$12.202.5%1531.00129

Most actively traded options today. High liquidity = easy entry/exit. 2,139 active (total vol 2.6M, top 169.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$738.00Jul 281.551.56$1.560.6%131.5K0.494.5K
$740.00Jul 280.720.73$0.731.4%123.4K0.3012.3K
$739.00Jul 281.081.09$1.090.9%117.8K0.394.8K
$737.00Jul 282.112.12$2.120.5%83.8K0.583.7K
$741.00Jul 280.450.46$0.462.2%81.5K0.215.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$736.00Jul 281.011.02$1.021.0%169.7K0.337.4K
$737.00Jul 281.351.36$1.360.7%145.8K0.429.0K
$735.00Jul 280.740.75$0.751.3%132.5K0.269.3K
$734.00Jul 280.530.54$0.541.9%100.7K0.203.5K
$733.00Jul 280.380.39$0.392.6%83.4K0.156.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 348 strikes (avg 175.7%, max 1011.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$870.00Jul 28Sep 4195.0%17.5%1011.5%--502
$860.00Jul 28Aug 31182.4%16.6%998.2%--3.1K
$840.00Jul 28Sep 4156.4%14.6%972.2%8420
$865.00Jul 28Aug 28188.7%18.0%950.1%--355
$850.00Jul 28Aug 31169.5%16.2%947.8%--3.0K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$600.00Jul 28Sep 4244.1%34.0%618.1%--341
$605.00Jul 28Aug 31234.9%33.7%598.0%--21.4K
$615.00Jul 28Aug 31216.8%32.1%576.1%--2.6K
$620.00Jul 28Sep 4207.8%30.9%571.9%1363
$625.00Jul 28Sep 4198.8%30.2%559.1%4138

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,043 found (best R:R 89.91, avg 4.34)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$770.00$780.00Aug 11$0.11$9.89$0.1189.91$770.11
$785.00$790.00Aug 28$0.14$4.86$0.1434.71$785.14
$765.00$770.00Aug 11$0.23$4.77$0.2320.74$765.23
$774.00$775.00Aug 28$0.10$0.90$0.109.00$774.10
$760.00$765.00Aug 11$0.53$4.47$0.538.43$760.53
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
$670.00$665.00Aug 14$0.10$4.90$0.1049.00$669.90
$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

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,393 found (best R:R 112.64, avg 2.33)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$625.00$650.00Aug 7$24.78$24.78$0.22112.64$649.78
$635.00$655.00Aug 14$19.78$19.78$0.2289.91$654.78
$690.00$700.00Jul 28$9.85$9.85$0.1565.67$699.85
$626.00$633.00Aug 31$6.89$6.89$0.1162.64$632.89
$670.00$680.00Jul 28$9.82$9.82$0.1854.56$679.82
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$800.00$782.00Aug 21$17.81$17.81$0.1993.74$782.19
$775.00$770.00Aug 28$4.84$4.84$0.1630.25$770.16
$766.00$759.00Aug 5$6.65$6.65$0.3519.00$759.35
$774.00$772.00Aug 21$1.90$1.90$0.1019.00$772.10
$769.00$767.00Aug 31$1.90$1.90$0.1019.00$767.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 235 found (avg debit $1.53, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$752.00Jul 28Jul 29$0.0627.2%16.4%
$796.00Jul 31Aug 21$0.0625.9%12.2%
$797.00Jul 31Aug 21$0.0626.3%12.4%
$751.00Jul 28Jul 29$0.0728.8%16.2%
$706.00Jul 28Jul 29$0.1258.6%31.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$750.00Jul 28Jul 29$0.0526.9%16.5%
$711.00Jul 28Jul 29$0.0650.0%29.4%
$712.00Jul 28Jul 29$0.0648.3%28.4%
$713.00Jul 28Jul 29$0.0746.5%28.0%
$714.00Jul 28Jul 29$0.0750.1%27.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 973 found (cheapest 0.46% of stock, avg 4.96%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$738.00Jul 28$1.56$1.80$3.36$734.64$741.360.46%
$739.00Jul 28$1.09$2.33$3.42$735.58$742.420.46%
$737.00Jul 28$2.12$1.36$3.48$733.52$740.480.47%
$740.00Jul 28$0.73$2.96$3.69$736.31$743.690.50%
$736.00Jul 28$2.78$1.02$3.80$732.20$739.800.52%
$741.00Jul 28$0.46$3.69$4.15$736.85$745.150.56%
$735.00Jul 28$3.51$0.75$4.26$730.74$739.260.58%
$742.00Jul 28$0.28$4.51$4.79$737.21$746.790.65%
$734.00Jul 28$4.31$0.54$4.85$729.15$738.850.66%
$733.00Jul 28$5.15$0.39$5.54$727.46$738.540.75%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.09% of stock, avg 1.87%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$742.00$733.00Jul 28$0.28$0.39$0.67$732.33$742.67
$742.00$734.00Jul 28$0.28$0.54$0.82$733.18$742.82
$741.00$733.00Jul 28$0.46$0.39$0.85$732.15$741.85
$741.00$734.00Jul 28$0.46$0.54$1.00$733.00$742.00
$742.00$735.00Jul 28$0.28$0.75$1.03$733.97$743.03
$740.00$733.00Jul 28$0.73$0.39$1.12$731.88$741.12
$741.00$735.00Jul 28$0.46$0.75$1.21$733.79$742.21
$740.00$734.00Jul 28$0.73$0.54$1.27$732.73$741.27
$742.00$736.00Jul 28$0.28$1.02$1.30$734.70$743.30
$739.00$733.00Jul 28$1.09$0.39$1.48$731.52$740.48

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 623 found (best R:R 44.45, avg credit $2.14)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
635/640710/715Sep 4$4.89$0.1144.45$635.11$714.89
625/630710/715Sep 4$4.87$0.1337.46$625.13$714.87
680/685690/697Aug 14$6.66$0.3419.59$678.34$696.66
675/680690/697Aug 14$6.63$0.3717.92$673.37$696.63
670/675690/697Aug 14$6.59$0.4116.07$668.41$696.59
665/670690/697Aug 14$6.58$0.4215.67$663.42$696.58
665/670716/720Sep 4$4.66$0.3413.71$665.34$720.66
660/665716/720Sep 4$4.64$0.3612.89$660.36$720.64
655/660716/720Sep 4$4.62$0.3812.16$655.38$720.62
665/670680/700Sep 4$18.41$1.5911.58$651.59$698.41

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
$685.00$690.00$695.00Aug 7$0.06$4.9482.33
$785.00$790.00$795.00Aug 28$0.07$4.9370.43
$680.00$690.00$700.00Jul 28$0.19$9.8151.63
$600.00$605.00$610.00Aug 21$0.11$4.8944.45
$595.00$600.00$605.00Aug 31$0.12$4.8840.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 5$0.05$4.9599.00
$675.00$680.00$685.00Sep 4$0.05$4.9599.00
$690.00$695.00$700.00Aug 6$0.06$4.9482.33
$745.00$750.00$755.00Aug 11$0.06$4.9482.33
$680.00$685.00$690.00Aug 28$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. 927 found (best net $-0.02, 921 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
$840.00$850.001:2Jul 28-$0.01$9.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$650.00$615.001:2Aug 5-$0.02$34.98
$635.00$605.001:2Aug 6-$0.02$29.98
$645.00$620.001:2Aug 3-$0.02$24.98
$655.00$640.001:2Jul 28-$0.01$14.99
$650.00$635.001:2Aug 6-$0.06$14.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 406 found (best yield 2.23%, avg 0.54%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$738.00Sep 4$16.420.510.0%2.23%2.26%17944
$739.00Sep 4$15.770.500.2%2.14%2.31%13886
$740.00Sep 4$15.140.490.3%2.05%2.36%273270
$738.00Aug 31$15.040.510.0%2.04%2.08%105658
$738.00Aug 28$14.640.510.0%1.98%2.02%25262
$741.00Sep 4$14.520.470.4%1.97%2.41%12393
$739.00Aug 31$14.400.500.2%1.95%2.13%86996
$739.00Aug 28$14.000.500.2%1.90%2.07%207385
$742.00Sep 4$13.910.470.6%1.89%2.47%17381
$740.00Aug 31$13.780.480.3%1.87%2.18%2262.4K

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 1,153,592
Total Puts 1,486,987
Put/Call Ratio 1.29
Net Difference -333,395

Prior's Put/Call Breakdown

Total Calls 1,487,743
Total Puts 1,779,971
Put/Call Ratio 1.20
Net Difference -292,228

Prior 7-Day Put/Call Summary

Total Calls 16,963,528
Total Puts 19,990,836
Average Put/Call Ratio 1.26
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All