SPY - Options Database

SPY

State Street SPDR S&P 500 ETF Trust

$774.80 +1.72%

(9/21 15:36) ◀

Monday, September 21, 2026 (3:40pm)

▶ (9/21 15:45)

◀ 9/21 15:40 ▶

Option Volume

Detail

ℹ

Current (09/21 3:40pm) 12,479,283

Calls: 6,940,829 (56%)

Puts: 5,538,454 (44%)

Prior (09/18) 9,075,304

Calls: 4,315,398 (48%)

Puts: 4,759,906 (52%)

Current vs Prior +37.51%

Calls: +60.84% (Calls)

Puts: +16.36% (Puts)

Prior 7-Day Total 44,767,910

Calls: 22,335,569 (50%)

Puts: 22,432,341 (50%)

Prior 7-Day Average 11,191,977

Calls: 3,190,795 (50%)

Puts: 3,204,620 (50%)

Current vs Prior 7-Day Avg +11.50%

Calls: +117.53%

Puts: +72.83%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/21 3:40pm) $3.04B

Calls: $2.71B (89%)

Puts: $331.88M (11%)

Prior (09/18) $1.27B

Calls: $877.35M (69%)

Puts: $394.15M (31%)

Current vs Prior +139.07%

Calls: +208.64%

Puts: -15.80%

Prior 7-Day Total $11.29B

Calls: $8.42B (75%)

Puts: $2.87B (25%)

Prior 7-Day Average $2.82B

Calls: $1.20B (75%)

Puts: $410.05M (25%)

Current vs Prior 7-Day Avg +7.70%

Calls: +125.14%

Puts: -19.06%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/21 3:40pm) 0.80

Prior (09/18) 1.10

Current vs Prior -27.66%

Prior 7-Day Average 1.03

Current vs Prior 7-Day Avg -22.40%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (09/21 3:40pm) 7,298,695

Calls: 2,033,489 (28%)

Puts: 5,265,206 (72%)

Prior (09/18) 11,785,360

Calls: 2,910,748 (25%)

Puts: 8,874,612 (75%)

Current vs Prior -38.07%

Prior 7-Day Total 42,710,228

Calls: 11,129,125 (26%)

Puts: 31,581,103 (74%)

Prior 7-Day Average 10,677,557

Calls: 2,782,281 (26%)

Puts: 7,895,275 (74%)

Current vs Prior 7-Day Avg -31.64%

Sentiment BULLISH

Expected Move

Detail

ℹ

0DTE3DTEWKMO Expiry (09/21) | Next (09/22)Expiry (09/21) | Next (09/23)Expiry (09/25) | Next (10/02)Expiry (09/21) | Next (10/16)

Current 0.19% | 0.53%0.19% | 0.69%0.99% | 1.61%0.19% | 2.58%

Prior 0.59% | 0.79%0.25% | 0.59%0.25% | 1.22%0.25% | 2.79%

Current vs Prior -67.59% | -32.82%-22.49% | +15.71%+300.56% | +31.81%-22.49% | -7.43%

Prior 7-Day Avg 0.69% | 0.93%0.36% | 0.87%0.68% | 1.51%0.19% | 3.00%

Current vs 7-Day Avg -72.25% | -43.26%-46.92% | -20.88%+45.36% | +7.12%+0.26% | -13.78%

Prior 7-Day Eod 0.59% | 0.79%0.25% | 0.59%0.25% | 1.22%0.25% | 2.79%

Current vs 7-Day Eod -67.59% | -32.82%-22.49% | +15.71%+300.56% | +31.81%-22.49% | -7.43%

Sentiment BULLISHBULLISHBEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 1.44% | 0.49%

Calls: 1.08% | 0.45%

Puts: 1.79% | 0.53%

Prior 0.67% | 0.72%

Calls: 0.66% | 0.52%

Puts: 0.68% | 0.92%

Current vs Prior +114.93% | -31.94%

Prior 7-Day Avg 0.72% | 1.46%

Calls: 0.66% | 0.97%

Puts: 0.78% | 1.96%

Current vs 7-Day Avg +100.00% | -66.51%

Liquidity Excellent

Add Card

🤖 AI Insights

Strong bullish conviction with 89% of dollar volume in calls ($2.71B) vs puts ($331.88M). Massive premium surge with dollar volume up 139% vs prior. P/C ratio dropping 28% - sentiment shifting bullish. Put-heavy open interest (5,265,206 puts vs 2,033,489 calls) suggests hedging or bearish positioning.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

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)

Time	Smart Money	Retail	Overall
15:40	BULLISH	BULLISH	BULLISH
15:35	BULLISH	BULLISH	BULLISH

📈 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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 2,422 of results (avg 2.6%, best 0.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$727.00	Sep 25	48.21	48.25	$48.23	0.1%	877	0.99	3
$765.00	Sep 21	9.77	9.78	$9.77	0.1%	27.1K	1.00	10.6K
$775.00	Oct 9	8.52	8.53	$8.52	0.1%	2.3K	0.50	2.1K
$776.00	Oct 9	7.94	7.95	$7.95	0.1%	615	0.48	526
$767.00	Sep 21	7.77	7.78	$7.78	0.1%	204.2K	1.00	4.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$780.00	Sep 21	5.24	5.25	$5.25	0.2%	3.9K	0.99	--
$775.00	Oct 1	5.18	5.19	$5.19	0.2%	388	0.51	19
$776.00	Sep 28	4.49	4.50	$4.50	0.2%	1.3K	0.55	--
$782.00	Sep 25	8.01	8.03	$8.02	0.2%	1.9K	0.79	--
$775.00	Sep 28	4.01	4.02	$4.01	0.2%	1.0K	0.51	19

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 852 found (avg $0.34, cheapest $0.07)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$776.00	Sep 21	0.09	0.10	$0.10	10.0%	276.0K	0.15	860
$775.00	Sep 21	0.30	0.31	$0.31	3.2%	669.1K	0.41	2.2K
$774.00	Sep 21	0.92	0.93	$0.93	1.1%	637.2K	0.75	3.0K
$784.00	Sep 22	0.06	0.07	$0.07	14.3%	3.8K	0.03	880
$783.00	Sep 22	0.09	0.10	$0.10	10.0%	4.6K	0.05	425

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$773.00	Sep 21	0.06	0.07	$0.07	14.3%	278.1K	0.11	--
$774.00	Sep 21	0.17	0.18	$0.18	5.6%	197.7K	0.26	10
$775.00	Sep 21	0.56	0.57	$0.56	1.8%	71.4K	0.59	--
$768.00	Sep 22	0.27	0.28	$0.28	3.6%	31.9K	0.11	148
$769.00	Sep 22	0.35	0.36	$0.36	2.8%	40.1K	0.14	99

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,278 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$620.00	Sep 21	154.22	155.33	$154.78	0.7%	18	1.00	--
$625.00	Sep 21	149.18	150.34	$149.76	0.8%	9	1.00	--
$630.00	Sep 21	144.23	145.33	$144.78	0.8%	17	1.00	--
$635.00	Sep 21	139.24	140.36	$139.80	0.8%	103	1.00	--
$640.00	Sep 21	134.11	135.33	$134.72	0.9%	30	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$797.00	Sep 25	22.09	22.43	$22.26	1.5%	112	1.00	--
$798.00	Sep 25	23.09	24.01	$23.55	3.9%	413	1.00	--
$799.00	Sep 25	24.08	24.70	$24.39	2.5%	52	1.00	--
$800.00	Sep 25	25.08	26.01	$25.55	3.6%	21	1.00	11
$801.00	Sep 25	26.08	27.01	$26.55	3.5%	18	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 2,879 active (total vol 12.4M, top 697.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$773.00	Sep 21	1.82	1.84	$1.83	1.1%	697.2K	0.90	3.9K
$775.00	Sep 21	0.30	0.31	$0.31	3.2%	669.1K	0.41	2.2K
$774.00	Sep 21	0.92	0.93	$0.93	1.1%	637.2K	0.75	3.0K
$772.00	Sep 21	2.79	2.81	$2.80	0.7%	588.7K	0.94	3.6K
$770.00	Sep 21	4.78	4.79	$4.79	0.2%	556.2K	1.00	29.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$770.00	Sep 21	0.02	0.03	$0.03	33.3%	436.2K	0.03	828
$768.00	Sep 21	0.02	0.03	$0.03	33.3%	415.1K	0.02	334
$769.00	Sep 21	0.02	0.03	$0.03	33.3%	382.0K	0.02	318
$772.00	Sep 21	0.04	0.05	$0.05	20.0%	364.7K	0.06	119
$767.00	Sep 21	0.01	0.02	$0.02	50.0%	357.4K	0.01	636

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 59.6%, max 69.7%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$776.00	Sep 21	Oct 30	19.2%	11.3%	69.7%	276.7K	2.2K
$774.00	Sep 21	Oct 30	18.0%	11.5%	56.5%	637.7K	3.6K
$775.00	Sep 21	Oct 30	17.4%	11.4%	52.6%	670.0K	7.6K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$776.00	Sep 21	Oct 30	19.2%	11.3%	69.7%	26.4K	405
$774.00	Sep 21	Oct 30	18.0%	11.5%	56.5%	198.0K	342
$775.00	Sep 21	Oct 30	17.4%	11.4%	52.6%	71.8K	608

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 654 found (best R:R 9.00, avg 3.57)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$758.00	$759.00	Oct 1	$0.10	$0.90	$0.10	85%	9.00	$758.10
$759.00	$760.00	Sep 30	$0.12	$0.88	$0.12	85%	7.33	$759.12
$740.00	$742.00	Oct 23	$1.00	$1.00	$1.00	85%	1.00	$741.00
$724.00	$725.00	Oct 30	$0.24	$0.76	$0.24	88%	3.17	$724.24
$724.00	$725.00	Sep 25	$0.39	$0.61	$0.39	99%	1.56	$724.39

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$789.00	$788.00	Oct 2	$0.17	$0.83	$0.17	83%	4.88	$788.83
$800.00	$799.00	Sep 23	$0.58	$0.42	$0.58	100%	0.72	$799.42
$800.00	$799.00	Oct 16	$0.55	$0.45	$0.55	85%	0.82	$799.45
$775.00	$770.00	Oct 5	$1.84	$3.16	$1.84	50%	1.72	$773.16
$770.00	$765.00	Oct 5	$1.25	$3.75	$1.25	38%	3.00	$768.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 473 found (best R:R 1.00, avg 0.40)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$775.00	$780.00	Oct 5	$2.50	$2.50	$2.50	50%	1.00	$777.50
$780.00	$785.00	Oct 5	$1.76	$1.76	$3.24	62%	0.54	$781.76
$785.00	$790.00	Oct 5	$1.13	$1.13	$3.87	73%	0.29	$786.13
$775.00	$776.00	Oct 30	$0.62	$0.62	$0.38	49%	1.63	$775.62
$776.00	$777.00	Oct 30	$0.60	$0.60	$0.40	51%	1.50	$776.60

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$774.00	$773.00	Sep 21	$0.11	$0.11	$0.89	74%	0.12	$773.89
$774.00	$773.00	Sep 22	$0.36	$0.36	$0.64	56%	0.56	$773.64
$770.00	$769.00	Sep 22	$0.11	$0.11	$0.89	83%	0.12	$769.89
$773.00	$772.00	Sep 22	$0.27	$0.27	$0.73	65%	0.37	$772.73
$772.00	$771.00	Sep 22	$0.20	$0.20	$0.80	72%	0.25	$771.80

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.34, cheapest $1.32)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$775.00	Sep 21	Sep 22	$1.36	17.4%	11.2%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$775.00	Sep 21	Sep 22	$1.32	17.4%	11.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,127 found (cheapest 0.11% of stock, avg 3.86%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$775.00	Sep 21	$0.31	$0.56	$0.87	$774.13	$775.87	0.11%
$774.00	Sep 21	$0.93	$0.18	$1.11	$772.89	$775.11	0.14%
$776.00	Sep 21	$0.10	$1.34	$1.44	$774.56	$777.44	0.19%
$773.00	Sep 21	$1.83	$0.07	$1.90	$771.10	$774.90	0.25%
$777.00	Sep 21	$0.04	$2.27	$2.31	$774.69	$779.31	0.30%
$772.00	Sep 21	$2.80	$0.05	$2.85	$769.15	$774.85	0.37%
$778.00	Sep 21	$0.02	$3.26	$3.28	$774.72	$781.28	0.42%
$775.00	Sep 22	$1.67	$1.88	$3.55	$771.45	$778.55	0.46%
$774.00	Sep 22	$2.22	$1.44	$3.66	$770.34	$777.66	0.47%
$776.00	Sep 22	$1.21	$2.43	$3.64	$772.36	$779.64	0.47%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 359 found (cheapest 0.01% of stock, avg 1.20%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$777.00	$772.00	Sep 21	$0.04	$0.05	$0.09	$771.91	$777.09
$777.00	$773.00	Sep 21	$0.04	$0.07	$0.11	$772.89	$777.11
$776.00	$773.00	Sep 21	$0.10	$0.07	$0.17	$772.83	$776.17
$776.00	$772.00	Sep 21	$0.10	$0.05	$0.15	$771.85	$776.15
$777.00	$774.00	Sep 21	$0.04	$0.18	$0.22	$773.78	$777.22
$776.00	$774.00	Sep 21	$0.10	$0.18	$0.28	$773.72	$776.28
$775.00	$774.00	Sep 21	$0.31	$0.18	$0.49	$773.51	$775.49
$775.00	$773.00	Sep 21	$0.31	$0.07	$0.38	$772.62	$775.38
$775.00	$772.00	Sep 21	$0.31	$0.05	$0.36	$771.64	$775.36
$779.00	$770.00	Sep 22	$0.43	$0.47	$0.90	$769.10	$779.90

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 348 found (best R:R 0.96, avg credit $0.47)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
752/753	783/784	Oct 9	$0.49	$0.51	48%	0.96	$752.51	$783.49
752/753	784/785	Oct 9	$0.47	$0.53	50%	0.89	$752.53	$784.47
756/757	783/784	Oct 9	$0.52	$0.48	45%	1.08	$756.48	$783.52
756/757	784/785	Oct 9	$0.50	$0.50	47%	1.00	$756.50	$784.50
755/756	783/784	Oct 9	$0.50	$0.50	46%	1.00	$755.50	$783.50
754/755	783/784	Oct 9	$0.49	$0.51	47%	0.96	$754.51	$783.49
755/756	784/785	Oct 9	$0.48	$0.52	48%	0.92	$755.52	$784.48
758/759	783/784	Oct 9	$0.53	$0.47	43%	1.13	$758.47	$783.53
753/754	783/784	Oct 9	$0.48	$0.52	48%	0.92	$753.52	$783.48
754/755	784/785	Oct 9	$0.47	$0.53	49%	0.89	$754.53	$784.47

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 314 found (best R:R 82.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$765.00	$770.00	$775.00	Oct 5	$0.56	$4.44	23%	7.93
$775.00	$776.00	$777.00	Sep 21	$0.15	$0.85	35%	5.67
$772.00	$773.00	$774.00	Sep 21	$0.07	$0.93	20%	13.29
$773.00	$774.00	$775.00	Sep 21	$0.28	$0.72	49%	2.57
$772.00	$773.00	$774.00	Sep 22	$0.07	$0.93	16%	13.29

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$800.00	$805.00	$810.00	Oct 2	$0.06	$4.94	6%	82.33
$755.00	$760.00	$765.00	Oct 5	$0.28	$4.72	13%	16.86
$760.00	$765.00	$770.00	Oct 5	$0.42	$4.58	18%	10.90
$750.00	$755.00	$760.00	Oct 5	$0.18	$4.82	9%	26.78
$775.00	$776.00	$777.00	Sep 21	$0.15	$0.85	35%	5.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,160 found (best net $-15.38, 1,154 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$710.00	$734.00	1:2	Sep 29	-$17.24	$6.76
$750.00	$760.00	1:2	Oct 5	-$7.77	$2.23
$780.00	$785.00	1:2	Oct 5	-$0.83	$4.17
$785.00	$790.00	1:2	Oct 5	-$0.33	$4.67
$790.00	$795.00	1:2	Oct 5	-$0.16	$4.84

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$900.00	$845.00	1:2	Sep 21	-$15.38	$39.62
$835.00	$810.00	1:2	Oct 2	-$10.56	$14.44
$865.00	$830.00	1:2	Sep 24	-$20.54	$14.46
$840.00	$817.00	1:2	Oct 30	-$18.98	$4.02
$790.00	$783.00	1:2	Oct 1	-$3.29	$3.71

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 340 found (best yield 1.90%, avg 0.38%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$775.00	Oct 30	$14.71	0.51	0.0%	1.90%	1.92%	894	5.4K
$776.00	Oct 30	$14.13	0.49	0.1%	1.82%	1.98%	718	1.3K
$777.00	Oct 30	$13.54	0.48	0.3%	1.75%	2.03%	1.3K	789
$778.00	Oct 30	$12.96	0.46	0.4%	1.67%	2.09%	640	883
$779.00	Oct 30	$12.39	0.46	0.5%	1.60%	2.14%	465	417
$780.00	Oct 30	$11.84	0.45	0.7%	1.53%	2.20%	990	7.4K
$781.00	Oct 30	$11.31	0.44	0.8%	1.46%	2.26%	220	759
$782.00	Oct 30	$10.79	0.43	0.9%	1.39%	2.32%	709	766
$783.00	Oct 30	$10.28	0.42	1.1%	1.33%	2.39%	297	21.3K
$784.00	Oct 30	$9.79	0.41	1.2%	1.26%	2.45%	209	292

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 6,940,829

Total Puts 5,538,454

Put/Call Ratio 0.80

Net Difference 1,402,375

Prior's Put/Call Breakdown

Total Calls 4,315,398

Total Puts 4,759,906

Put/Call Ratio 1.10

Net Difference -444,508

Prior 7-Day Put/Call Summary

Total Calls 22,335,569

Total Puts 22,432,341

Average Put/Call Ratio 1.03

Ratio Trend Falling

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...

Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

Add Card