Tour v451
SPY
State Street SPDR S&P 500 ETF Trust
$741.27 +0.29%
(7/28 13:15) ◀
|
Tuesday, July 28, 2026 (1:20pm)
January 2026
|
▶ (7/28 13:25)
◀ 7/28 13:20 ▶

Option Volume

Detail
ℹ
Current (07/28 1:20pm) 8,040,957
Calls: 3,743,427 (47%)
Puts: 4,297,530 (53%)
Prior (07/27) 9,325,627
Calls: 4,526,248 (49%)
Puts: 4,799,379 (51%)
Current vs Prior -13.78%
Calls: -17.30% (Calls)
Puts: -10.46% (Puts)
Prior 7-Day Total 64,525,152
Calls: 30,198,579 (47%)
Puts: 34,326,573 (53%)
Prior 7-Day Average 9,217,878
Calls: 4,314,082 (47%)
Puts: 4,903,796 (53%)
Current vs Prior 7-Day Avg -12.77%
Calls: -13.23%
Puts: -12.36%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/28 1:20pm) $1.15B
Calls: $718.30M (62%)
Puts: $432.74M (38%)
Prior (07/27) $1.84B
Calls: $314.42M (17%)
Puts: $1.52B (83%)
Current vs Prior -37.39%
Calls: +128.45%
Puts: -71.61%
Prior 7-Day Total $9.22B
Calls: $5.25B (57%)
Puts: $3.97B (43%)
Prior 7-Day Average $1.32B
Calls: $749.99M (57%)
Puts: $567.19M (43%)
Current vs Prior 7-Day Avg -12.61%
Calls: -4.23%
Puts: -23.71%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/28 1:20pm) 1.15
Prior (07/27) 1.06
Current vs Prior +8.27%
Prior 7-Day Average 1.14
Current vs Prior 7-Day Avg +0.70%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/28 1:20pm) 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 0.33% | 0.92%0.92% | 1.49%1.49% | 2.17%3.15% | 4.70%
Prior 0.70% | 1.11%0.18% | 1.11%1.64% | 2.31%3.29% | 4.82%
Current vs Prior -53.79% | -17.54%+412.88% | +33.96%-9.33% | -6.24%-4.23% | -2.39%
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 -56.43% | -14.58%+445.89% | +56.65%+65.50% | +3.90%-6.88% | -4.33%
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 -53.79% | -17.54%+412.88% | +33.96%-9.33% | -6.24%-4.23% | -2.39%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 1.31% | 0.44%
Calls: 1.87% | 0.60%
Puts: 0.75% | 0.29%
Prior 1.68% | 0.73%
Calls: 0.82% | 0.75%
Puts: 2.54% | 0.71%
Current vs Prior -22.02% | -39.73%
Prior 7-Day Avg 1.35% | 0.70%
Calls: 0.90% | 0.62%
Puts: 1.79% | 0.76%
Current vs 7-Day Avg -2.96% | -36.69%
Liquidity Excellent
+
Add Card

🤖 AI Insights

Moderately bullish flow with 62% call dollar volume ($718.30M). Slightly bearish P/C ratio of 1.15. 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 BULLISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
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
13:20BULLISHBEARISHBEARISH
13:15BULLISHBEARISHBEARISH
13:10BULLISHBEARISHBEARISH
13:05BULLISHBEARISHBEARISH
13:00BULLISHBEARISHBEARISH
12:55BULLISHBEARISHBEARISH
12:50BULLISHBEARISHBEARISH
12:45BULLISHBEARISHBEARISH
12:40BULLISHBEARISHBEARISH
12:35BULLISHBEARISHBEARISH
12:30BULLISHBEARISHBEARISH
12:25BULLISHBEARISHBEARISH
12:20BULLISHBEARISHBEARISH
12:15BULLISHBEARISHBEARISH
12:10BULLISHBEARISHBEARISH
12:05BULLISHBEARISHBEARISH
12:00BULLISHBEARISHBEARISH
11:55BULLISHNEUTRALMIXED
11:50BULLISHNEUTRALMIXED
11:45BULLISHBEARISHBEARISH
11:40BULLISHBEARISHBEARISH
11:35BULLISHBEARISHBEARISH
11:30BULLISHBEARISHBEARISH
11:25BULLISHBEARISHBEARISH
11:20BULLISHBEARISHBEARISH
11:15BULLISHBEARISHBEARISH
11:10BULLISHBEARISHBEARISH
11:05BEARISHBEARISHBEARISH
11:00BULLISHBEARISHBEARISH
10:55BULLISHBEARISHBEARISH
10:50BULLISHBEARISHBEARISH
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 2,371 of results (avg 2.1%, best 0.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31141.58141.64$141.610.0%2401.006.3K
$700.00Jul 3141.7741.83$41.800.1%1680.986.7K
$690.00Aug 2155.2755.39$55.330.2%720.905.6K
$741.00Aug 2112.6712.70$12.680.2%4.6K0.522.3K
$700.00Aug 2145.9746.08$46.030.2%1.7K0.877.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$740.00Jul 314.574.58$4.580.2%16.2K0.4560.3K
$744.00Aug 68.008.02$8.010.2%2480.55150
$738.00Jul 313.863.87$3.870.3%4.8K0.405.8K
$742.00Jul 293.443.45$3.450.3%19.6K0.542.0K
$729.00Aug 216.806.82$6.810.3%2280.333.8K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 581 found (avg $0.40, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$745.00Jul 280.050.06$0.0616.7%204.4K0.0617.7K
$754.00Jul 290.050.06$0.0616.7%2.1K0.021.6K
$759.00Jul 300.050.06$0.0616.7%5100.022.1K
$765.00Aug 30.050.06$0.0616.7%1500.011.4K
$767.00Aug 40.050.06$0.0616.7%360.01316
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$735.00Jul 280.050.06$0.0616.7%266.8K0.049.3K
$717.00Jul 290.050.06$0.0616.7%3.6K0.01856
$679.00Jul 310.050.06$0.0616.7%80.01925
$680.00Jul 310.050.06$0.0616.7%2450.0111.7K
$681.00Jul 310.050.06$0.0616.7%20.0121.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,057 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$670.00Jul 2869.8672.65$71.263.9%101.0016
$675.00Jul 2864.9667.62$66.294.0%21.002
$680.00Jul 2859.9662.62$61.294.3%31.0011
$690.00Jul 2850.9052.50$51.703.1%--1.0027
$700.00Jul 2841.1841.40$41.290.5%1061.006
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$754.00Jul 2911.4712.95$12.2112.1%41.001
$755.00Jul 2913.4014.96$14.1811.0%51.0010
$756.00Jul 2913.4715.96$14.7216.9%41.00--
$757.00Jul 2914.4716.95$15.7115.8%241.00--
$758.00Jul 2915.3718.14$16.7616.5%131.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,492 active (total vol 8.0M, top 429.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$742.00Jul 280.570.58$0.571.8%429.7K0.378.0K
$743.00Jul 280.270.28$0.283.6%338.9K0.219.7K
$740.00Jul 281.741.75$1.750.6%330.9K0.6912.3K
$741.00Jul 281.061.08$1.071.9%310.0K0.545.3K
$739.00Jul 282.522.55$2.541.2%257.2K0.804.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$736.00Jul 280.070.08$0.0812.5%359.2K0.057.4K
$737.00Jul 280.110.12$0.128.3%342.4K0.089.0K
$741.00Jul 280.830.84$0.841.2%323.3K0.464.2K
$740.00Jul 280.490.50$0.502.0%286.9K0.319.8K
$738.00Jul 280.170.18$0.185.6%271.1K0.128.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 352 strikes (avg 257.8%, max 1463.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$870.00Jul 28Sep 4267.1%17.1%1463.2%--502
$850.00Jul 28Aug 31231.2%15.7%1373.7%--3.0K
$860.00Jul 28Aug 31249.3%16.9%1372.8%--3.1K
$840.00Jul 28Sep 4212.8%14.5%1366.8%8520
$835.00Jul 28Aug 31203.4%14.3%1319.4%12.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$600.00Jul 28Sep 4350.1%34.0%928.5%3341
$605.00Jul 28Aug 31337.2%33.8%898.4%--21.4K
$615.00Jul 28Sep 4311.8%31.7%882.1%30671
$620.00Jul 28Sep 4299.1%31.0%865.2%1363
$625.00Jul 28Sep 4286.6%30.2%848.6%45138

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,023 found (best R:R 89.91, avg 4.02)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$790.00$795.00Aug 28$0.11$4.89$0.1144.45$790.11
$770.00$775.00Aug 11$0.13$4.87$0.1337.46$770.13
$785.00$790.00Aug 28$0.18$4.82$0.1826.78$785.18
$765.00$770.00Aug 11$0.35$4.65$0.3513.29$765.35
$750.00$751.00Jul 29$0.10$0.90$0.109.00$750.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$610.00$600.00Sep 4$0.11$9.89$0.1189.91$609.89
$635.00$630.00Sep 4$0.10$4.90$0.1049.00$634.90
$640.00$635.00Sep 4$0.10$4.90$0.1049.00$639.90
$700.00$695.00Aug 5$0.11$4.89$0.1144.45$699.89
$690.00$685.00Aug 10$0.11$4.89$0.1144.45$689.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,374 found (best R:R 132.33, avg 2.44)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$680.00$700.00Aug 3$19.85$19.85$0.15132.33$699.85
$650.00$670.00Aug 7$19.84$19.84$0.16124.00$669.84
$640.00$709.00Aug 4$68.43$68.43$0.57120.05$708.43
$635.00$655.00Aug 14$19.80$19.80$0.2099.00$654.80
$680.00$692.00Sep 4$11.87$11.87$0.1391.31$691.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$766.00$760.00Aug 5$5.89$5.89$0.1153.55$760.11
$780.00$775.00Aug 28$4.89$4.89$0.1144.45$775.11
$780.00$775.00Aug 31$4.86$4.86$0.1434.71$775.14
$765.00$762.00Aug 7$2.88$2.88$0.1224.00$762.12
$775.00$770.00Aug 28$4.63$4.63$0.3712.51$770.37

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 230 found (avg debit $1.40, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$701.00Jul 28Jul 29$0.06102.0%37.2%
$712.00Jul 28Jul 29$0.0675.7%29.3%
$680.00Jul 28Jul 29$0.07152.2%50.0%
$706.00Jul 28Jul 29$0.0790.1%34.7%
$708.00Jul 28Jul 29$0.0785.3%32.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$718.00Jul 28Jul 29$0.0661.1%27.0%
$719.00Jul 28Jul 29$0.0758.7%26.6%
$720.00Jul 28Jul 29$0.0763.0%26.0%
$770.00Jul 28Jul 29$0.0771.7%23.5%
$721.00Jul 28Jul 29$0.0960.3%25.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,049 found (cheapest 0.26% of stock, avg 5.04%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$741.00Jul 28$1.07$0.84$1.91$739.09$742.910.26%
$742.00Jul 28$0.57$1.34$1.91$740.09$743.910.26%
$740.00Jul 28$1.75$0.50$2.25$737.75$742.250.30%
$743.00Jul 28$0.28$2.03$2.31$740.69$745.310.31%
$739.00Jul 28$2.54$0.30$2.84$736.16$741.840.38%
$744.00Jul 28$0.12$2.88$3.00$741.00$747.000.40%
$738.00Jul 28$3.43$0.18$3.61$734.39$741.610.49%
$745.00Jul 28$0.06$3.76$3.82$741.18$748.820.52%
$737.00Jul 28$4.36$0.12$4.48$732.52$741.480.60%
$746.00Jul 28$0.03$4.73$4.76$741.24$750.760.64%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 395 found (cheapest 0.02% of stock, avg 1.79%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$745.00$737.00Jul 28$0.06$0.12$0.18$736.82$745.18
$744.00$737.00Jul 28$0.12$0.12$0.24$736.76$744.24
$745.00$738.00Jul 28$0.06$0.18$0.24$737.76$745.24
$744.00$738.00Jul 28$0.12$0.18$0.30$737.70$744.30
$743.00$737.00Jul 28$0.28$0.12$0.40$736.60$743.40
$745.00$739.00Jul 28$0.06$0.30$0.36$738.64$745.36
$743.00$738.00Jul 28$0.28$0.18$0.46$737.54$743.46
$744.00$739.00Jul 28$0.12$0.30$0.42$738.58$744.42
$743.00$739.00Jul 28$0.28$0.30$0.58$738.42$743.58
$744.00$740.00Jul 28$0.12$0.50$0.62$739.38$744.62

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 432 found (best R:R 110.11, avg credit $2.37)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
650/655660/680Aug 28$19.82$0.18110.11$635.18$679.82
680/685690/697Aug 14$6.82$0.1837.89$678.18$696.82
700/705710/720Aug 11$9.74$0.2637.46$695.26$719.74
675/680690/697Aug 14$6.79$0.2132.33$673.21$696.79
695/700710/720Aug 11$9.66$0.3428.41$690.34$719.66
655/660665/675Sep 4$9.63$0.3726.03$650.37$674.63
690/695710/720Aug 11$9.62$0.3825.32$685.38$719.62
650/655665/675Sep 4$9.61$0.3924.64$645.39$674.61
645/650665/675Sep 4$9.59$0.4123.39$640.41$674.59
640/645665/675Sep 4$9.58$0.4222.81$635.42$674.58

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 203 found (best R:R 141.86, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$635.00$655.00$675.00Aug 14$0.14$19.86141.86
$675.00$680.00$685.00Aug 14$0.05$4.9599.00
$640.00$645.00$650.00Aug 21$0.05$4.9599.00
$670.00$675.00$680.00Aug 7$0.07$4.9370.43
$785.00$790.00$795.00Aug 28$0.07$4.9370.43
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$685.00$690.00$695.00Aug 11$0.05$4.9599.00
$695.00$700.00$705.00Aug 11$0.08$4.9261.50
$700.00$705.00$710.00Aug 11$0.08$4.9261.50
$705.00$710.00$715.00Aug 11$0.11$4.8944.45
$710.00$715.00$720.00Aug 11$0.14$4.8634.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 953 found (best net $-0.01, 947 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$788.00$835.001:2Aug 10-$0.01$46.99
$600.00$665.001:2Sep 4-$18.04$46.96
$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
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$635.00$610.001:2Aug 6-$0.02$24.98
$655.00$640.001:2Jul 28-$0.01$14.99
$645.00$630.001:2Aug 3-$0.01$14.99
$640.00$625.001:2Aug 5-$0.03$14.97
$650.00$635.001:2Aug 6-$0.05$14.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 381 found (best yield 2.13%, avg 0.51%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$742.00Sep 4$15.760.510.1%2.13%2.22%48381
$743.00Sep 4$15.120.490.2%2.04%2.27%2572
$744.00Sep 4$14.490.480.4%1.95%2.32%280
$742.00Aug 31$14.380.500.1%1.94%2.04%592382
$742.00Aug 28$13.980.500.1%1.89%1.98%508392
$745.00Sep 4$13.880.480.5%1.87%2.38%243126
$743.00Aug 31$13.750.490.2%1.85%2.09%682459
$743.00Aug 28$13.350.490.2%1.80%2.03%59289
$746.00Sep 4$13.270.470.6%1.79%2.43%198363
$744.00Aug 31$13.130.470.4%1.77%2.14%697544

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 3,743,427
Total Puts 4,297,530
Put/Call Ratio 1.15
Net Difference -554,103

Prior's Put/Call Breakdown

Total Calls 4,526,248
Total Puts 4,799,379
Put/Call Ratio 1.06
Net Difference -273,131

Prior 7-Day Put/Call Summary

Total Calls 30,198,579
Total Puts 34,326,573
Average Put/Call Ratio 1.14
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