Tour v452
SPY
State Street SPDR S&P 500 ETF Trust
$741.26 +0.29%
(7/28 15:40) ◀
|
Tuesday, July 28, 2026 (3:45pm)
January 2026
|
▶ (7/28 15:50)
◀ 7/28 15:45 ▶

Option Volume

Detail
ℹ
Current (07/28 3:45pm) 11,051,427
Calls: 5,013,474 (45%)
Puts: 6,037,953 (55%)
Prior (07/27) 12,670,825
Calls: 6,281,297 (50%)
Puts: 6,389,528 (50%)
Current vs Prior -12.78%
Calls: -20.18% (Calls)
Puts: -5.50% (Puts)
Prior 7-Day Total 79,975,278
Calls: 36,780,571 (46%)
Puts: 43,194,707 (54%)
Prior 7-Day Average 11,425,039
Calls: 5,254,367 (46%)
Puts: 6,170,672 (54%)
Current vs Prior 7-Day Avg -3.27%
Calls: -4.58%
Puts: -2.15%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (07/28 3:45pm) $1.39B
Calls: $797.02M (57%)
Puts: $590.00M (43%)
Prior (07/27) $1.63B
Calls: $654.36M (40%)
Puts: $980.23M (60%)
Current vs Prior -15.15%
Calls: +21.80%
Puts: -39.81%
Prior 7-Day Total $10.29B
Calls: $5.35B (52%)
Puts: $4.94B (48%)
Prior 7-Day Average $1.47B
Calls: $764.71M (52%)
Puts: $705.20M (48%)
Current vs Prior 7-Day Avg -5.64%
Calls: +4.23%
Puts: -16.34%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/28 3:45pm) 1.20
Prior (07/27) 1.02
Current vs Prior +18.39%
Prior 7-Day Average 1.18
Current vs Prior 7-Day Avg +2.09%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (07/28 3:45pm) 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 0.21% | 0.89%0.89% | 1.47%1.47% | 2.16%3.16% | 4.70%
Prior 0.70% | 1.11%0.18% | 1.11%1.64% | 2.31%3.29% | 4.82%
Current vs Prior -70.47% | -19.97%+397.76% | +32.01%-10.65% | -6.54%-3.86% | -2.37%
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 -72.16% | -17.10%+429.80% | +54.37%+63.10% | +3.58%-6.52% | -4.30%
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 -70.47% | -19.97%+397.76% | +32.01%-10.65% | -6.54%-3.86% | -2.37%
Sentiment BULLISHBEARISHBULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 1.89% | 0.60%
Calls: 1.61% | 0.61%
Puts: 2.17% | 0.60%
Prior 1.68% | 0.73%
Calls: 0.82% | 0.75%
Puts: 2.54% | 0.71%
Current vs Prior +12.50% | -17.81%
Prior 7-Day Avg 1.35% | 0.70%
Calls: 0.90% | 0.62%
Puts: 1.79% | 0.76%
Current vs 7-Day Avg +40.00% | -13.67%
Liquidity Excellent
+
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🤖 AI Insights

Bearish P/C ratio of 1.20 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 BULLISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
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
15:45BULLISHBEARISHBEARISH
15:40BULLISHBEARISHBEARISH
15:35BULLISHBEARISHBEARISH
15:30BULLISHBEARISHBEARISH
15:25BULLISHBEARISHBEARISH
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14:55BULLISHBEARISHBEARISH
14:50BULLISHBEARISHBEARISH
14:45BULLISHBEARISHBEARISH
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11:55BULLISHNEUTRALMIXED
11:50BULLISHNEUTRALMIXED
11:45BULLISHBEARISHBEARISH
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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 2,350 of results (avg 2.2%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Jul 31141.65141.72$141.690.0%3071.006.3K
$745.00Aug 2110.2610.27$10.270.1%3.7K0.4613.1K
$741.00Aug 78.468.47$8.470.1%9350.52659
$749.00Aug 218.028.03$8.020.1%4750.413.3K
$750.00Aug 217.507.51$7.510.1%12.0K0.3918.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$733.00Aug 319.559.57$9.560.2%5210.391.6K
$731.00Aug 74.114.12$4.120.2%1.5K0.301.6K
$741.00Aug 3112.0612.09$12.080.2%7890.491.3K
$740.00Aug 3111.7111.74$11.730.3%1.4K0.479.1K
$725.00Aug 317.607.62$7.610.3%4540.3213.6K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 565 found (avg $0.40, cheapest $0.06)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$758.00Jul 300.050.06$0.0616.7%1650.021.4K
$761.00Jul 310.050.06$0.0616.7%1.8K0.029.4K
$763.00Aug 30.050.06$0.0616.7%4660.024.0K
$767.00Aug 50.050.06$0.0616.7%--0.011.1K
$770.00Aug 60.050.06$0.0616.7%470.01825
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$720.00Jul 290.050.06$0.0616.7%9.3K0.014.9K
$704.00Jul 300.050.06$0.0616.7%400.01288
$705.00Jul 300.050.06$0.0616.7%5180.01790
$685.00Jul 310.050.06$0.0616.7%3590.014.7K
$687.00Jul 310.050.06$0.0616.7%2640.011.7K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,085 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$670.00Jul 2869.8572.66$71.263.9%101.0016
$675.00Jul 2864.8567.64$66.254.2%21.002
$680.00Jul 2859.8562.64$61.254.6%31.0011
$690.00Jul 2850.3952.35$51.373.8%141.0027
$700.00Jul 2841.1841.38$41.280.5%1121.006
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$754.00Jul 2911.4814.00$12.7419.8%71.001
$755.00Jul 2912.4815.00$13.7418.3%101.0010
$756.00Jul 2913.4816.00$14.7417.1%41.00--
$757.00Jul 2914.4817.00$15.7416.0%241.00--
$758.00Jul 2915.4718.51$16.9917.9%131.00--

Most actively traded options today. High liquidity = easy entry/exit. 2,615 active (total vol 11.0M, top 727.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$742.00Jul 280.170.18$0.185.6%727.1K0.278.0K
$741.00Jul 280.610.62$0.621.6%506.4K0.585.3K
$743.00Jul 280.040.05$0.0520.0%490.8K0.099.7K
$740.00Jul 281.351.38$1.372.2%395.1K0.8312.3K
$744.00Jul 280.020.03$0.0333.3%309.9K0.047.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$741.00Jul 280.350.36$0.362.8%686.6K0.414.2K
$740.00Jul 280.100.11$0.119.1%605.2K0.179.8K
$737.00Jul 280.010.02$0.0250.0%398.9K0.029.0K
$736.00Jul 280.000.01$0.01100.0%393.2K0.027.4K
$739.00Jul 280.030.04$0.0425.0%351.7K0.066.3K

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 620.4%, max 3660.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$870.00Jul 28Sep 4643.1%17.1%3660.1%--502
$860.00Jul 28Sep 4600.3%16.5%3533.6%550590
$840.00Jul 28Sep 4512.3%14.8%3357.2%8520
$850.00Jul 28Aug 31556.7%16.3%3324.8%233.0K
$865.00Jul 28Aug 28621.8%18.3%3288.7%--355
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$600.00Jul 28Sep 4843.4%34.1%2373.5%4341
$605.00Jul 28Aug 31812.4%33.8%2301.1%--21.4K
$615.00Jul 28Sep 4751.0%31.8%2264.3%30671
$620.00Jul 28Sep 4720.6%31.0%2225.5%2363
$625.00Jul 28Sep 4690.3%30.2%2183.5%46138

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 996 found (best R:R 49.00, avg 3.90)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$790.00$795.00Aug 28$0.10$4.90$0.1049.00$790.10
$770.00$775.00Aug 11$0.11$4.89$0.1144.45$770.11
$785.00$790.00Aug 28$0.19$4.81$0.1925.32$785.19
$765.00$770.00Aug 11$0.34$4.66$0.3413.71$765.34
$750.00$751.00Jul 29$0.10$0.90$0.109.00$750.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$680.00$675.00Aug 14$0.11$4.89$0.1144.45$679.89
$655.00$650.00Aug 28$0.11$4.89$0.1144.45$654.89
$640.00$635.00Sep 4$0.11$4.89$0.1144.45$639.89
$690.00$685.00Aug 11$0.12$4.88$0.1240.67$689.88
$645.00$640.00Sep 4$0.12$4.88$0.1240.67$644.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 1,395 found (best R:R 152.85, avg 2.76)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$680.00$700.00Aug 3$19.87$19.87$0.13152.85$699.87
$635.00$655.00Aug 14$19.85$19.85$0.15132.33$654.85
$640.00$709.00Aug 4$68.44$68.44$0.56122.21$708.44
$680.00$690.00Jul 28$9.88$9.88$0.1282.33$689.88
$655.00$675.00Aug 14$19.73$19.73$0.2773.07$674.73
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$780.00$761.00Jul 30$18.76$18.76$0.2478.17$761.24
$780.00$775.00Aug 31$4.89$4.89$0.1144.45$775.11
$765.00$762.00Aug 7$2.85$2.85$0.1519.00$762.15
$760.00$758.00Aug 3$1.88$1.88$0.1215.67$758.12
$774.00$772.00Aug 31$1.87$1.87$0.1314.38$772.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 232 found (avg debit $1.38, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$753.00Jul 28Jul 29$0.0677.7%15.4%
$798.00Jul 31Aug 21$0.0726.1%12.3%
$799.00Jul 31Aug 21$0.0726.5%12.3%
$665.00Jul 29Jul 30$0.0864.9%46.1%
$796.00Jul 31Aug 21$0.0825.3%12.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$721.00Jul 28Jul 29$0.06129.8%25.2%
$774.00Jul 28Aug 21$0.06193.8%11.5%
$790.00Jul 28Jul 31$0.06276.0%22.8%
$722.00Jul 28Jul 29$0.07123.9%25.1%
$723.00Jul 28Jul 29$0.09118.0%24.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,077 found (cheapest 0.13% of stock, avg 5.10%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$741.00Jul 28$0.62$0.36$0.98$740.02$741.980.13%
$742.00Jul 28$0.18$0.92$1.10$740.90$743.100.15%
$740.00Jul 28$1.37$0.11$1.48$738.52$741.480.20%
$743.00Jul 28$0.05$1.78$1.83$741.17$744.830.25%
$739.00Jul 28$2.26$0.04$2.30$736.70$741.300.31%
$744.00Jul 28$0.03$2.75$2.78$741.22$746.780.38%
$738.00Jul 28$3.26$0.02$3.28$734.72$741.280.44%
$745.00Jul 28$0.02$3.74$3.76$741.24$748.760.51%
$737.00Jul 28$4.26$0.02$4.28$732.72$741.280.58%
$746.00Jul 28$0.01$4.72$4.73$741.27$750.730.64%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 381 found (cheapest 0.01% of stock, avg 1.85%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$743.00$739.00Jul 28$0.05$0.04$0.09$738.91$743.09
$743.00$740.00Jul 28$0.05$0.11$0.16$739.84$743.16
$742.00$739.00Jul 28$0.18$0.04$0.22$738.78$742.22
$742.00$740.00Jul 28$0.18$0.11$0.29$739.71$742.29
$743.00$741.00Jul 28$0.05$0.36$0.41$740.59$743.41
$742.00$741.00Jul 28$0.18$0.36$0.54$740.46$742.54
$746.00$737.00Jul 29$1.07$1.54$2.61$734.39$748.61
$746.00$738.00Jul 29$1.07$1.82$2.89$735.11$748.89
$745.00$737.00Jul 29$1.40$1.54$2.94$734.06$747.94
$745.00$738.00Jul 29$1.40$1.82$3.22$734.78$748.22

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 396 found (best R:R 49.00, avg credit $2.37)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
660/665675/680Sep 4$4.90$0.1049.00$660.10$679.90
680/685690/697Aug 14$6.85$0.1545.67$678.15$696.85
715/720730/735Aug 11$4.87$0.1337.46$715.13$734.87
675/680690/697Aug 14$6.81$0.1935.84$673.19$696.81
655/660675/680Sep 4$4.86$0.1434.71$655.14$679.86
650/655675/680Sep 4$4.85$0.1532.33$650.15$679.85
670/675680/685Aug 28$4.84$0.1630.25$670.16$684.84
650/655660/680Aug 28$19.34$0.6629.30$635.66$679.34
645/650675/680Sep 4$4.83$0.1728.41$645.17$679.83
665/670680/685Aug 28$4.82$0.1826.78$665.18$684.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 243 found (best R:R 165.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$635.00$655.00$675.00Aug 14$0.12$19.88165.67
$770.00$775.00$780.00Aug 11$0.07$4.9370.43
$785.00$790.00$795.00Aug 28$0.09$4.9154.56
$625.00$630.00$635.00Aug 21$0.12$4.8840.67
$728.00$730.00$732.00Aug 6$0.05$1.9539.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$690.00$695.00$700.00Aug 10$0.05$4.9599.00
$690.00$695.00$700.00Aug 11$0.05$4.9599.00
$695.00$700.00$705.00Aug 11$0.07$4.9370.43
$700.00$705.00$710.00Aug 11$0.08$4.9261.50
$705.00$710.00$715.00Aug 11$0.12$4.8840.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 942 found (best net $-18.00, 931 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$600.00$665.001:2Sep 4-$18.00$47.00
$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$615.001:2Aug 6-$0.03$19.97
$780.00$761.001:2Jul 30-$1.15$17.85
$655.00$640.001:2Jul 28-$0.01$14.99
$645.00$630.001:2Aug 3-$0.02$14.98
$650.00$635.001:2Aug 6-$0.04$14.96

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 374 found (best yield 2.13%, avg 0.52%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$742.00Sep 4$15.820.510.1%2.13%2.23%49381
$743.00Sep 4$15.180.490.2%2.05%2.28%9472
$744.00Sep 4$14.550.480.4%1.96%2.33%380
$742.00Aug 31$14.450.500.1%1.95%2.05%1.1K382
$742.00Aug 28$14.060.500.1%1.90%2.00%538392
$745.00Sep 4$13.930.480.5%1.88%2.38%286126
$743.00Aug 31$13.820.490.2%1.86%2.10%691459
$743.00Aug 28$13.430.490.2%1.81%2.05%207289
$746.00Sep 4$13.330.470.6%1.80%2.44%324363
$744.00Aug 31$13.200.470.4%1.78%2.15%901544

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 5,013,474
Total Puts 6,037,953
Put/Call Ratio 1.20
Net Difference -1,024,479

Prior's Put/Call Breakdown

Total Calls 6,281,297
Total Puts 6,389,528
Put/Call Ratio 1.02
Net Difference -108,231

Prior 7-Day Put/Call Summary

Total Calls 36,780,571
Total Puts 43,194,707
Average Put/Call Ratio 1.18
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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Price — Past 7 Days

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