Tour v452
SPY
State Street SPDR S&P 500 ETF Trust
$740.51 +0.19%
(7/28 14:20) ◀
|
Tuesday, July 28, 2026 (2:25pm)
January 2026
|
▶ (7/28 14:30)
◀ 7/28 14:25 ▶

Option Volume

Detail
ℹ
Current (07/28 2:25pm) 9,415,799
Calls: 4,305,746 (46%)
Puts: 5,110,053 (54%)
Prior (07/27) 10,660,597
Calls: 5,239,791 (49%)
Puts: 5,420,806 (51%)
Current vs Prior -11.68%
Calls: -17.83% (Calls)
Puts: -5.73% (Puts)
Prior 7-Day Total 71,973,335
Calls: 33,318,804 (46%)
Puts: 38,654,531 (54%)
Prior 7-Day Average 10,281,905
Calls: 4,759,829 (46%)
Puts: 5,522,075 (54%)
Current vs Prior 7-Day Avg -8.42%
Calls: -9.54%
Puts: -7.46%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/28 2:25pm) $1.23B
Calls: $645.90M (52%)
Puts: $588.43M (48%)
Prior (07/27) $1.65B
Calls: $449.89M (27%)
Puts: $1.20B (73%)
Current vs Prior -25.26%
Calls: +43.57%
Puts: -51.03%
Prior 7-Day Total $9.42B
Calls: $4.59B (49%)
Puts: $4.83B (51%)
Prior 7-Day Average $1.35B
Calls: $655.87M (49%)
Puts: $690.02M (51%)
Current vs Prior 7-Day Avg -8.29%
Calls: -1.52%
Puts: -14.72%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/28 2:25pm) 1.19
Prior (07/27) 1.03
Current vs Prior +14.72%
Prior 7-Day Average 1.17
Current vs Prior 7-Day Avg +1.77%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/28 2:25pm) 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 0.28% | 0.92%0.92% | 1.52%1.52% | 2.22%3.21% | 4.75%
Prior 0.70% | 1.11%0.18% | 1.11%1.64% | 2.31%3.29% | 4.82%
Current vs Prior -59.69% | -16.97%+416.41% | +37.01%-7.27% | -4.11%-2.53% | -1.29%
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 -62.00% | -13.99%+449.64% | +60.22%+69.27% | +6.27%-5.23% | -3.24%
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 -59.69% | -16.97%+416.41% | +37.01%-7.27% | -4.11%-2.53% | -1.29%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 0.96% | 0.43%
Calls: 0.93% | 0.57%
Puts: 0.98% | 0.30%
Prior 1.68% | 0.73%
Calls: 0.82% | 0.75%
Puts: 2.54% | 0.71%
Current vs Prior -42.86% | -41.10%
Prior 7-Day Avg 1.35% | 0.70%
Calls: 0.90% | 0.62%
Puts: 1.79% | 0.76%
Current vs 7-Day Avg -28.89% | -38.13%
Liquidity Excellent
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🤖 AI Insights

Slightly bearish P/C ratio of 1.19. 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 NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
14:25BULLISHBEARISHBEARISH
14:20BULLISHBEARISHBEARISH
14:15BULLISHBEARISHBEARISH
14:10BULLISHBEARISHBEARISH
14:05BULLISHBEARISHBEARISH
14:00BULLISHBEARISHBEARISH
13:55BULLISHBEARISHBEARISH
13:50BULLISHBEARISHBEARISH
13:45BULLISHBEARISHBEARISH
13:40BULLISHBEARISHBEARISH
13:35BULLISHBEARISHBEARISH
13:30BULLISHBEARISHBEARISH
13:25BULLISHBEARISHBEARISH
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
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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 2,360 of results (avg 2.0%, best 0.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31140.89140.94$140.920.0%2821.006.3K
$700.00Jul 3141.0841.13$41.110.1%1710.986.7K
$740.00Aug 47.157.16$7.160.1%1.4K0.52777
$740.00Jul 315.915.92$5.920.2%13.3K0.5313.4K
$690.00Aug 2154.6954.79$54.740.2%720.905.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$736.00Aug 44.584.59$4.590.2%5650.39479
$739.00Jul 314.554.56$4.560.2%6.0K0.455.6K
$729.00Aug 104.444.45$4.450.2%150.30--
$735.00Aug 218.738.75$8.740.2%19.4K0.4139.6K
$730.00Aug 74.244.25$4.250.2%4.5K0.3016.8K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 558 found (avg $0.39, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$758.00Jul 300.050.06$0.0616.7%1550.021.4K
$761.00Jul 310.050.06$0.0616.7%1.8K0.029.4K
$768.00Aug 50.050.06$0.0616.7%50.0119
$770.00Aug 60.050.06$0.0616.7%470.01825
$773.00Aug 70.050.06$0.0616.7%170.01844
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$717.00Jul 290.050.06$0.0616.7%3.6K0.01856
$718.00Jul 290.050.06$0.0616.7%5.4K0.016.8K
$700.00Jul 300.050.06$0.0616.7%3820.01929
$701.00Jul 300.050.06$0.0616.7%700.01164
$681.00Jul 310.050.06$0.0616.7%880.0121.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,067 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Jul 31145.01147.24$146.131.5%71.00296
$600.00Jul 31140.89140.94$140.920.0%2821.006.3K
$605.00Jul 31134.60137.32$135.962.0%--1.0022
$610.00Jul 31130.02132.25$131.141.7%--1.00124
$615.00Jul 31125.02127.26$126.141.8%--1.00572
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$746.00Jul 285.375.55$5.463.3%3.5K1.001.7K
$747.00Jul 286.386.55$6.472.6%1.3K1.001.9K
$748.00Jul 287.387.55$7.472.3%5921.0070
$749.00Jul 288.378.55$8.462.1%4501.0039
$750.00Jul 289.389.54$9.461.7%4751.00129

Most actively traded options today. High liquidity = easy entry/exit. 2,545 active (total vol 9.4M, top 559.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$742.00Jul 280.220.23$0.234.3%559.0K0.228.0K
$743.00Jul 280.090.10$0.1010.0%413.1K0.109.7K
$741.00Jul 280.530.54$0.541.9%391.1K0.415.3K
$740.00Jul 281.071.08$1.080.9%359.6K0.6112.3K
$744.00Jul 280.040.05$0.0520.0%275.7K0.057.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$741.00Jul 281.011.02$1.021.0%486.8K0.604.2K
$740.00Jul 280.550.56$0.561.8%460.3K0.399.8K
$736.00Jul 280.030.04$0.0425.0%379.8K0.047.4K
$737.00Jul 280.060.07$0.0714.3%373.4K0.069.0K
$738.00Jul 280.130.14$0.147.1%316.8K0.128.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 353 strikes (avg 323.0%, max 1871.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$870.00Jul 28Sep 4339.2%17.2%1871.1%--502
$860.00Jul 28Sep 4316.8%16.1%1868.7%400590
$850.00Jul 28Aug 31294.0%15.8%1759.9%33.0K
$840.00Jul 28Sep 4270.7%14.6%1752.6%8520
$865.00Jul 28Aug 28328.1%18.4%1679.1%--355
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$600.00Jul 28Sep 4440.6%34.2%1189.8%3341
$605.00Jul 28Aug 31424.3%33.9%1150.8%--21.4K
$615.00Jul 28Sep 4392.2%31.8%1131.6%30671
$620.00Jul 28Sep 4376.2%31.1%1110.4%2363
$625.00Jul 28Sep 4360.3%30.3%1087.9%45138

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 1,021 found (best R:R 89.91, avg 4.08)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$770.00$775.00Aug 11$0.12$4.88$0.1240.67$770.12
$785.00$790.00Aug 28$0.18$4.82$0.1826.78$785.18
$765.00$770.00Aug 11$0.32$4.68$0.3214.62$765.32
$749.00$750.00Jul 29$0.10$0.90$0.109.00$749.10
$755.00$756.00Jul 31$0.10$0.90$0.109.00$755.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$610.00$600.00Sep 4$0.11$9.89$0.1189.91$609.89
$675.00$670.00Aug 14$0.10$4.90$0.1049.00$674.90
$650.00$645.00Aug 28$0.10$4.90$0.1049.00$649.90
$635.00$630.00Sep 4$0.10$4.90$0.1049.00$634.90
$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. 1,430 found (best R:R 171.73, avg 2.74)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$650.00$670.00Aug 7$19.88$19.88$0.12165.67$669.88
$680.00$700.00Jul 29$19.86$19.86$0.14141.86$699.86
$680.00$700.00Aug 3$19.82$19.82$0.18110.11$699.82
$635.00$655.00Aug 14$19.80$19.80$0.2099.00$654.80
$640.00$709.00Aug 4$68.30$68.30$0.7097.57$708.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$780.00$761.00Jul 30$18.89$18.89$0.11171.73$761.11
$766.00$760.00Aug 5$5.88$5.88$0.1249.00$760.12
$780.00$775.00Aug 31$4.88$4.88$0.1240.67$775.12
$770.00$761.00Jul 29$8.73$8.73$0.2732.33$761.27
$775.00$770.00Aug 28$4.71$4.71$0.2916.24$770.29

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 233 found (avg debit $1.44, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$753.00Jul 28Jul 29$0.0643.0%15.8%
$798.00Jul 31Aug 21$0.0726.2%12.3%
$799.00Jul 31Aug 21$0.0726.6%12.5%
$796.00Jul 31Aug 21$0.0825.4%12.1%
$797.00Jul 31Aug 21$0.0825.8%12.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$719.00Jul 28Jul 29$0.0672.1%25.9%
$771.00Jul 28Jul 31$0.0795.4%16.6%
$720.00Jul 28Jul 29$0.0869.1%25.9%
$721.00Jul 28Jul 29$0.0966.0%25.2%
$757.00Jul 28Jul 29$0.0955.1%16.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,059 found (cheapest 0.21% of stock, avg 5.04%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$741.00Jul 28$0.54$1.02$1.56$739.44$742.560.21%
$740.00Jul 28$1.08$0.56$1.64$738.36$741.640.22%
$742.00Jul 28$0.23$1.71$1.94$740.06$743.940.26%
$739.00Jul 28$1.80$0.28$2.08$736.92$741.080.28%
$743.00Jul 28$0.10$2.57$2.67$740.33$745.670.36%
$738.00Jul 28$2.66$0.14$2.80$735.20$740.800.38%
$744.00Jul 28$0.05$3.49$3.54$740.46$747.540.48%
$737.00Jul 28$3.60$0.07$3.67$733.33$740.670.50%
$745.00Jul 28$0.03$4.46$4.49$740.51$749.490.61%
$736.00Jul 28$4.61$0.04$4.65$731.35$740.650.63%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 391 found (cheapest 0.02% of stock, avg 1.85%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$743.00$737.00Jul 28$0.10$0.07$0.17$736.83$743.17
$744.00$737.00Jul 28$0.05$0.07$0.12$736.88$744.12
$743.00$738.00Jul 28$0.10$0.14$0.24$737.76$743.24
$744.00$738.00Jul 28$0.05$0.14$0.19$737.81$744.19
$742.00$737.00Jul 28$0.23$0.07$0.30$736.70$742.30
$744.00$739.00Jul 28$0.05$0.28$0.33$738.67$744.33
$742.00$738.00Jul 28$0.23$0.14$0.37$737.63$742.37
$743.00$739.00Jul 28$0.10$0.28$0.38$738.62$743.38
$742.00$739.00Jul 28$0.23$0.28$0.51$738.49$742.51
$741.00$737.00Jul 28$0.54$0.07$0.61$736.39$741.61

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 476 found (best R:R 44.45, avg credit $2.63)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
670/675685/690Aug 14$4.89$0.1144.45$670.11$689.89
650/655675/680Sep 4$4.88$0.1240.67$650.12$679.88
645/650675/680Sep 4$4.87$0.1337.46$645.13$679.87
640/645675/680Sep 4$4.86$0.1434.71$640.14$679.86
630/635675/680Sep 4$4.83$0.1728.41$630.17$679.83
655/660665/675Sep 4$9.65$0.3527.57$650.35$674.65
650/655665/675Sep 4$9.62$0.3825.32$645.38$674.62
650/655660/680Aug 28$19.23$0.7724.97$635.77$679.23
645/650665/675Sep 4$9.61$0.3924.64$640.39$674.61
645/650660/680Aug 28$19.21$0.7924.32$630.79$679.21

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 217 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
$770.00$775.00$780.00Aug 11$0.08$4.9261.50
$785.00$790.00$795.00Aug 28$0.08$4.9261.50
$720.00$725.00$730.00Aug 11$0.12$4.8840.67
$600.00$605.00$610.00Jul 31$0.14$4.8634.71
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 10$0.05$4.9599.00
$680.00$685.00$690.00Aug 28$0.05$4.9599.00
$690.00$695.00$700.00Aug 11$0.06$4.9482.33
$695.00$700.00$705.00Aug 11$0.06$4.9482.33
$700.00$705.00$710.00Aug 11$0.10$4.9049.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 938 found (best net $-17.76, 932 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$600.00$665.001:2Sep 4-$17.76$47.24
$788.00$835.001:2Aug 10-$0.01$46.99
$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
$780.00$761.001:2Jul 30-$1.66$17.34
$779.00$759.001:2Sep 4-$4.30$15.70
$655.00$640.001:2Jul 28-$0.01$14.99
$645.00$630.001:2Aug 3-$0.01$14.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 385 found (best yield 2.17%, avg 0.53%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$741.00Sep 4$16.100.510.1%2.17%2.24%18993
$742.00Sep 4$15.460.500.2%2.09%2.29%49381
$743.00Sep 4$14.830.480.3%2.00%2.34%9372
$741.00Aug 31$14.720.510.1%1.99%2.05%1.2K418
$741.00Aug 28$14.330.510.1%1.94%2.00%157374
$744.00Sep 4$14.210.480.5%1.92%2.39%280
$742.00Aug 31$14.090.490.2%1.90%2.10%1.1K382
$742.00Aug 28$13.690.490.2%1.85%2.05%510392
$745.00Sep 4$13.600.470.6%1.84%2.44%244126
$743.00Aug 31$13.460.480.3%1.82%2.15%690459

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 4,305,746
Total Puts 5,110,053
Put/Call Ratio 1.19
Net Difference -804,307

Prior's Put/Call Breakdown

Total Calls 5,239,791
Total Puts 5,420,806
Put/Call Ratio 1.03
Net Difference -181,015

Prior 7-Day Put/Call Summary

Total Calls 33,318,804
Total Puts 38,654,531
Average Put/Call Ratio 1.17
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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