Tour v438
SPY
State Street SPDR S&P 500 ETF Trust
$738.38 -0.10%
(7/28 10:40) ◀
|
Tuesday, July 28, 2026 (10:45am)
January 2026
|
▶ (7/28 10:50)
◀ 7/28 10:45 ▶

Option Volume

Detail
ℹ
Current (07/28 10:45am) 3,181,337
Calls: 1,416,328 (45%)
Puts: 1,765,009 (55%)
Prior (07/27) 4,132,570
Calls: 1,893,354 (46%)
Puts: 2,239,216 (54%)
Current vs Prior -23.02%
Calls: -25.19% (Calls)
Puts: -21.18% (Puts)
Prior 7-Day Total 39,537,291
Calls: 18,148,632 (46%)
Puts: 21,388,659 (54%)
Prior 7-Day Average 5,648,184
Calls: 2,592,661 (46%)
Puts: 3,055,522 (54%)
Current vs Prior 7-Day Avg -43.68%
Calls: -45.37%
Puts: -42.24%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/28 10:45am) $449.53M
Calls: $231.77M (52%)
Puts: $217.76M (48%)
Prior (07/27) $1.01B
Calls: $162.43M (16%)
Puts: $844.91M (84%)
Current vs Prior -55.37%
Calls: +42.69%
Puts: -74.23%
Prior 7-Day Total $5.27B
Calls: $1.93B (37%)
Puts: $3.34B (63%)
Prior 7-Day Average $753.37M
Calls: $275.57M (37%)
Puts: $477.80M (63%)
Current vs Prior 7-Day Avg -40.33%
Calls: -15.89%
Puts: -54.42%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/28 10:45am) 1.25
Prior (07/27) 1.18
Current vs Prior +5.37%
Prior 7-Day Average 1.24
Current vs Prior 7-Day Avg +0.29%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/28 10:45am) 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
ℹ
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 0.49% | 1.01%1.01% | 1.55%1.55% | 2.24%3.23% | 4.78%
Prior 0.70% | 1.11%0.18% | 1.11%1.64% | 2.31%3.29% | 4.82%
Current vs Prior -30.90% | -9.29%+464.17% | +39.60%-5.51% | -3.18%-1.80% | -0.75%
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 -34.85% | -6.04%+500.48% | +63.25%+72.47% | +7.29%-4.52% | -2.71%
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 -30.90% | -9.29%+464.17% | +39.60%-5.51% | -3.18%-1.80% | -0.75%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 0.55% | 0.27%
Calls: 0.58% | 0.27%
Puts: 0.53% | 0.27%
Prior 1.68% | 0.73%
Calls: 0.82% | 0.75%
Puts: 2.54% | 0.71%
Current vs Prior -67.26% | -63.01%
Prior 7-Day Avg 1.35% | 0.70%
Calls: 0.90% | 0.62%
Puts: 1.79% | 0.76%
Current vs 7-Day Avg -59.26% | -61.15%
Liquidity Excellent
+
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🤖 AI Insights

Light premium activity with dollar volume down 55% vs prior. Bearish P/C ratio of 1.25 indicates protective positioning. Put-heavy open interest (5,474,695 puts vs 2,264,374 calls) suggests hedging or bearish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
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
10:45BULLISHBEARISHBEARISH
10:40BEARISHBEARISHBEARISH
10:35BEARISHBEARISHBEARISH
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 2,285 of results (avg 2.0%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31138.75138.82$138.790.1%--1.006.3K
$700.00Jul 3138.9638.98$38.970.1%570.986.7K
$738.00Aug 2112.9612.97$12.970.1%1.9K0.522.0K
$739.00Aug 2112.3212.33$12.330.1%9140.501.3K
$727.00Jul 2912.1112.12$12.110.1%250.8780
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Aug 2111.2811.29$11.290.1%1.0K0.5226.4K
$735.00Aug 219.499.50$9.500.1%3.1K0.4439.6K
$726.00Aug 318.698.70$8.700.1%580.351.2K
$741.00Aug 78.638.64$8.640.1%800.541.1K
$740.00Aug 108.618.62$8.610.1%1660.52532

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 553 found (avg $0.39, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$757.00Jul 300.050.06$0.0616.7%250.021.6K
$761.00Jul 310.050.06$0.0616.7%640.019.4K
$763.00Aug 30.050.06$0.0616.7%4460.014.0K
$765.00Aug 40.050.06$0.0616.7%10.01329
$767.00Aug 50.050.06$0.0616.7%--0.011.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$710.00Jul 290.050.06$0.0616.7%1650.013.5K
$711.00Jul 290.050.06$0.0616.7%380.01609
$673.00Jul 310.050.06$0.0616.7%5200.01159
$675.00Jul 310.050.06$0.0616.7%570.017.1K
$676.00Jul 310.050.06$0.0616.7%--0.01702

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 996 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$670.00Jul 2866.9069.71$68.314.1%101.0016
$675.00Jul 2861.9064.65$63.284.3%21.002
$680.00Jul 2856.9059.65$58.284.7%31.0011
$690.00Jul 2847.1748.75$47.963.3%--1.0027
$700.00Jul 2838.1838.47$38.330.8%171.006
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$752.00Jul 2913.3714.72$14.059.6%51.0047
$753.00Jul 2914.3615.71$15.049.0%51.008
$754.00Jul 2914.4916.97$15.7315.8%11.001
$755.00Jul 2915.4218.41$16.9217.7%31.0010
$756.00Jul 2916.4219.17$17.8015.4%11.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,203 active (total vol 3.2M, top 200.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$738.00Jul 281.701.71$1.710.6%166.0K0.534.5K
$740.00Jul 280.770.78$0.781.3%159.5K0.3212.3K
$739.00Jul 281.181.19$1.190.8%159.5K0.424.8K
$741.00Jul 280.470.48$0.482.1%104.5K0.225.3K
$737.00Jul 282.322.33$2.330.4%98.2K0.623.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$736.00Jul 280.740.75$0.751.3%200.1K0.297.4K
$737.00Jul 281.031.04$1.041.0%177.1K0.389.0K
$735.00Jul 280.520.53$0.531.9%156.6K0.229.3K
$734.00Jul 280.360.37$0.372.7%123.2K0.163.5K
$738.00Jul 281.411.42$1.420.7%103.6K0.478.1K

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 180.5%, max 1034.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$870.00Jul 28Sep 4198.5%17.5%1034.7%--502
$860.00Jul 28Aug 31185.6%16.6%1021.2%--3.1K
$840.00Jul 28Sep 4159.1%14.5%994.5%8520
$865.00Jul 28Aug 28192.1%17.9%972.0%--355
$850.00Jul 28Aug 31172.5%16.1%971.0%--3.0K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$600.00Jul 28Sep 4249.8%34.0%635.5%--341
$605.00Jul 28Aug 31240.4%33.7%614.4%--21.4K
$615.00Jul 28Sep 4221.9%31.7%600.8%20671
$620.00Jul 28Sep 4212.7%30.9%587.8%1363
$625.00Jul 28Sep 4203.6%30.1%575.2%4138

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,039 found (best R:R 82.33, avg 4.07)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$785.00$790.00Aug 28$0.14$4.86$0.1434.71$785.14
$765.00$770.00Aug 11$0.24$4.76$0.2419.83$765.24
$759.00$760.00Aug 6$0.10$0.90$0.109.00$759.10
$776.00$777.00Aug 31$0.10$0.90$0.109.00$776.10
$751.00$752.00Jul 30$0.11$0.89$0.118.09$751.11
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$610.00$600.00Sep 4$0.12$9.88$0.1282.33$609.88
$630.00$625.00Sep 4$0.10$4.90$0.1049.00$629.90
$635.00$630.00Sep 4$0.10$4.90$0.1049.00$634.90
$700.00$695.00Aug 4$0.11$4.89$0.1144.45$699.89
$695.00$690.00Aug 6$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. 1,411 found (best R:R 141.86, avg 2.35)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$680.00$700.00Jul 29$19.86$19.86$0.14141.86$699.86
$650.00$670.00Aug 7$19.85$19.85$0.15132.33$669.85
$640.00$709.00Aug 4$68.25$68.25$0.7591.00$708.25
$680.00$700.00Aug 3$19.67$19.67$0.3359.61$699.67
$700.00$711.00Aug 3$10.81$10.81$0.1956.89$710.81
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$800.00$782.00Aug 21$17.86$17.86$0.14127.57$782.14
$766.00$759.00Aug 5$6.88$6.88$0.1257.33$759.12
$780.00$775.00Aug 31$4.80$4.80$0.2024.00$775.20
$775.00$771.00Jul 31$3.74$3.74$0.2614.38$771.26
$770.00$767.00Aug 28$2.79$2.79$0.2113.29$767.21

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 232 found (avg debit $1.61, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$752.00Jul 28Jul 29$0.0627.1%16.1%
$660.00Jul 29Jul 31$0.0660.9%44.9%
$796.00Jul 31Aug 21$0.0625.7%12.1%
$797.00Jul 31Aug 21$0.0626.1%12.3%
$751.00Jul 28Jul 29$0.0828.6%16.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$712.00Jul 28Jul 29$0.0649.9%28.9%
$713.00Jul 28Jul 29$0.0748.2%28.5%
$714.00Jul 28Jul 29$0.0751.9%28.0%
$715.00Jul 28Jul 29$0.0849.9%27.5%
$716.00Jul 28Jul 29$0.0948.0%26.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 985 found (cheapest 0.42% of stock, avg 4.96%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$738.00Jul 28$1.71$1.42$3.13$734.87$741.130.42%
$739.00Jul 28$1.19$1.88$3.07$735.93$742.070.42%
$740.00Jul 28$0.78$2.49$3.27$736.73$743.270.44%
$737.00Jul 28$2.33$1.04$3.37$733.63$740.370.46%
$741.00Jul 28$0.48$3.18$3.66$737.34$744.660.50%
$736.00Jul 28$3.04$0.75$3.79$732.21$739.790.51%
$742.00Jul 28$0.28$3.96$4.24$737.76$746.240.57%
$735.00Jul 28$3.82$0.53$4.35$730.65$739.350.59%
$743.00Jul 28$0.16$4.82$4.98$738.02$747.980.67%
$734.00Jul 28$4.67$0.37$5.04$728.96$739.040.68%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 400 found (cheapest 0.07% of stock, avg 1.85%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$743.00$734.00Jul 28$0.16$0.37$0.53$733.47$743.53
$742.00$734.00Jul 28$0.28$0.37$0.65$733.35$742.65
$743.00$735.00Jul 28$0.16$0.53$0.69$734.31$743.69
$742.00$735.00Jul 28$0.28$0.53$0.81$734.19$742.81
$741.00$734.00Jul 28$0.48$0.37$0.85$733.15$741.85
$743.00$736.00Jul 28$0.16$0.75$0.91$735.09$743.91
$741.00$735.00Jul 28$0.48$0.53$1.01$733.99$742.01
$742.00$736.00Jul 28$0.28$0.75$1.03$734.97$743.03
$740.00$734.00Jul 28$0.78$0.37$1.15$732.85$741.15
$743.00$737.00Jul 28$0.16$1.04$1.20$735.80$744.20

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 621 found (best R:R 44.45, avg credit $2.26)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
670/675685/690Aug 14$4.89$0.1144.45$670.11$689.89
680/685690/697Aug 14$6.77$0.2329.43$678.23$696.77
675/680690/697Aug 14$6.73$0.2724.93$673.27$696.73
670/675690/697Aug 14$6.71$0.2923.14$668.29$696.71
675/680685/695Aug 28$9.45$0.5517.18$670.55$694.45
710/715720/725Aug 11$4.72$0.2816.86$710.28$724.72
670/675685/695Aug 28$9.41$0.5915.95$665.59$694.41
665/670685/695Aug 28$9.37$0.6314.87$660.63$694.37
695/700709/715Aug 4$5.62$0.3814.79$694.38$714.62
660/665685/695Aug 28$9.35$0.6514.38$655.65$694.35

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 224 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$770.00$775.00$780.00Aug 11$0.06$4.9482.33
$785.00$790.00$795.00Aug 28$0.06$4.9482.33
$595.00$600.00$605.00Aug 21$0.08$4.9261.50
$595.00$600.00$605.00Aug 31$0.11$4.8944.45
$695.00$700.00$705.00Aug 7$0.15$4.8532.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 10$0.05$4.9599.00
$685.00$690.00$695.00Aug 10$0.06$4.9482.33
$690.00$695.00$700.00Aug 11$0.06$4.9482.33
$675.00$680.00$685.00Sep 4$0.06$4.9482.33
$690.00$695.00$700.00Aug 6$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. 929 found (best net $-0.02, 922 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$635.00$680.001:2Aug 28-$21.17$23.83
$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
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$0.00$25.00
$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. 393 found (best yield 2.17%, avg 0.53%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$739.00Sep 4$16.020.500.1%2.17%2.25%13886
$740.00Sep 4$15.380.490.2%2.08%2.30%309270
$741.00Sep 4$14.760.480.3%2.00%2.35%13593
$739.00Aug 31$14.680.500.1%1.99%2.07%87996
$739.00Aug 28$14.270.500.1%1.93%2.02%207385
$742.00Sep 4$14.140.480.5%1.92%2.41%18381
$740.00Aug 31$14.040.490.2%1.90%2.12%2452.4K
$740.00Aug 28$13.640.490.2%1.85%2.07%3151.6K
$743.00Sep 4$13.530.470.6%1.83%2.46%1572
$741.00Aug 31$13.420.470.3%1.82%2.17%120418

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 1,416,328
Total Puts 1,765,009
Put/Call Ratio 1.25
Net Difference -348,681

Prior's Put/Call Breakdown

Total Calls 1,893,354
Total Puts 2,239,216
Put/Call Ratio 1.18
Net Difference -345,862

Prior 7-Day Put/Call Summary

Total Calls 18,148,632
Total Puts 21,388,659
Average Put/Call Ratio 1.24
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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