SPY - Options Database

SPY

State Street SPDR S&P 500 ETF Trust

$774.52 +1.68%

(9/21 15:40) ◀

Monday, September 21, 2026 (3:45pm)

▶ (9/21 15:50)

◀ 9/21 15:45 ▶

Option Volume

Detail

ℹ

Current (09/21 3:45pm) 12,672,418

Calls: 7,039,540 (56%)

Puts: 5,632,878 (44%)

Prior (09/18) 9,204,579

Calls: 4,378,072 (48%)

Puts: 4,826,507 (52%)

Current vs Prior +37.68%

Calls: +60.79% (Calls)

Puts: +16.71% (Puts)

Prior 7-Day Total 57,247,193

Calls: 29,276,398 (51%)

Puts: 27,970,795 (49%)

Prior 7-Day Average 11,449,438

Calls: 4,182,342 (51%)

Puts: 3,995,827 (49%)

Current vs Prior 7-Day Avg +10.68%

Calls: +68.32%

Puts: +40.97%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/21 3:45pm) $2.94B

Calls: $2.59B (88%)

Puts: $348.44M (12%)

Prior (09/18) $1.32B

Calls: $931.59M (71%)

Puts: $388.26M (29%)

Current vs Prior +122.90%

Calls: +178.40%

Puts: -10.26%

Prior 7-Day Total $14.33B

Calls: $11.13B (78%)

Puts: $3.20B (22%)

Prior 7-Day Average $2.87B

Calls: $1.59B (78%)

Puts: $457.47M (22%)

Current vs Prior 7-Day Avg +2.66%

Calls: +63.16%

Puts: -23.83%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/21 3:45pm) 0.80

Prior (09/18) 1.10

Current vs Prior -27.42%

Prior 7-Day Average 0.98

Current vs Prior 7-Day Avg -18.53%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (09/21 3:45pm) 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 50,008,923

Calls: 13,162,614 (26%)

Puts: 36,846,309 (74%)

Prior 7-Day Average 10,001,784

Calls: 2,632,522 (26%)

Puts: 7,369,261 (74%)

Current vs Prior 7-Day Avg -27.03%

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 0.18% | 0.52%0.18% | 0.68%0.99% | 1.60%0.18% | 2.58%

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

Current vs Prior -69.10% | -33.78%-26.12% | +14.66%+298.11% | +30.81%-26.12% | -7.72%

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 -73.55% | -44.07%-49.41% | -21.59%+44.46% | +6.30%-4.43% | -14.05%

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 -69.10% | -33.78%-26.12% | +14.66%+298.11% | +30.81%-26.12% | -7.72%

Sentiment BULLISHBULLISHBEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 1.41% | 0.74%

Calls: 1.39% | 0.98%

Puts: 1.43% | 0.50%

Prior 0.67% | 0.72%

Calls: 0.66% | 0.52%

Puts: 0.68% | 0.92%

Current vs Prior +110.45% | +2.78%

Prior 7-Day Avg 0.72% | 1.46%

Calls: 0.66% | 0.97%

Puts: 0.78% | 1.96%

Current vs 7-Day Avg +95.83% | -49.43%

Liquidity Excellent

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🤖 AI Insights

Strong bullish conviction with 88% of dollar volume in calls ($2.59B) vs puts ($348.44M). Massive premium surge with dollar volume up 123% vs prior. P/C ratio dropping 27% - 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
15:45	BULLISH	BULLISH	BULLISH
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 2,404 of results (avg 2.6%, best 0.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$719.00	Sep 24	55.63	55.71	$55.67	0.1%	2	1.00	11
$719.00	Sep 23	55.54	55.62	$55.58	0.1%	8	1.00	1
$740.00	Sep 21	34.47	34.52	$34.50	0.1%	2.8K	1.00	42
$737.00	Sep 21	37.47	37.53	$37.50	0.2%	741	1.00	17
$738.00	Sep 21	36.47	36.53	$36.50	0.2%	841	1.00	22

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$765.00	Oct 16	5.55	5.56	$5.56	0.2%	7.9K	0.34	13.2K
$780.00	Sep 21	5.49	5.50	$5.50	0.2%	3.9K	0.99	--
$745.00	Oct 30	4.50	4.51	$4.51	0.2%	2.9K	0.21	22.5K
$760.00	Oct 16	4.45	4.46	$4.46	0.2%	8.5K	0.28	16.8K
$776.00	Sep 25	4.11	4.12	$4.12	0.2%	3.0K	0.56	292

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 844 found (avg $0.34, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$776.00	Sep 21	0.05	0.06	$0.06	16.7%	285.1K	0.10	860
$775.00	Sep 21	0.20	0.21	$0.21	4.8%	701.0K	0.28	2.2K
$774.00	Sep 21	0.71	0.72	$0.72	1.4%	649.1K	0.66	3.0K
$782.00	Sep 22	0.11	0.12	$0.12	8.3%	10.4K	0.06	486
$783.00	Sep 22	0.08	0.09	$0.09	11.1%	5.0K	0.04	425

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$774.00	Sep 21	0.20	0.21	$0.21	4.8%	209.3K	0.34	10
$773.00	Sep 21	0.07	0.08	$0.08	12.5%	285.0K	0.12	--
$775.00	Sep 21	0.69	0.70	$0.70	1.4%	80.5K	0.72	--
$766.00	Sep 22	0.16	0.17	$0.17	5.9%	25.0K	0.07	148
$769.00	Sep 22	0.35	0.36	$0.36	2.8%	40.5K	0.14	99

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,280 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$620.00	Sep 21	153.91	154.95	$154.43	0.7%	18	1.00	--
$625.00	Sep 21	148.96	149.97	$149.47	0.7%	9	1.00	--
$630.00	Sep 21	143.89	144.96	$144.43	0.7%	17	1.00	--
$635.00	Sep 21	138.96	139.93	$139.45	0.7%	103	1.00	--
$640.00	Sep 21	133.95	134.97	$134.46	0.8%	30	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$796.00	Sep 25	21.09	21.80	$21.45	3.3%	169	1.00	4
$797.00	Sep 25	22.09	22.80	$22.45	3.2%	112	1.00	--
$798.00	Sep 25	23.09	24.01	$23.55	3.9%	413	1.00	--
$799.00	Sep 25	24.08	24.80	$24.44	2.9%	52	1.00	--
$800.00	Sep 25	25.08	26.01	$25.55	3.6%	21	1.00	11

Most actively traded options today. High liquidity = easy entry/exit. 2,885 active (total vol 12.6M, top 701.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$773.00	Sep 21	1.57	1.59	$1.58	1.3%	701.7K	0.88	3.9K
$775.00	Sep 21	0.20	0.21	$0.21	4.8%	701.0K	0.28	2.2K
$774.00	Sep 21	0.71	0.72	$0.72	1.4%	649.1K	0.66	3.0K
$772.00	Sep 21	2.54	2.57	$2.55	1.2%	589.9K	0.93	3.6K
$770.00	Sep 21	4.52	4.54	$4.53	0.4%	556.9K	0.96	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%	441.0K	0.03	828
$768.00	Sep 21	0.01	0.02	$0.02	50.0%	420.5K	0.01	334
$769.00	Sep 21	0.01	0.02	$0.02	50.0%	385.5K	0.02	318
$772.00	Sep 21	0.04	0.05	$0.05	20.0%	368.5K	0.07	119
$767.00	Sep 21	0.01	0.02	$0.02	50.0%	363.6K	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. 4 strikes (avg 49.9%, max 50.7%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$775.00	Sep 21	Oct 30	17.2%	11.4%	50.6%	701.9K	7.6K
$774.00	Sep 21	Oct 30	17.1%	11.5%	49.0%	649.7K	3.6K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$775.00	Sep 21	Oct 30	17.2%	11.4%	50.7%	80.9K	608
$774.00	Sep 21	Oct 30	17.1%	11.5%	49.1%	209.5K	342

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 661 found (best R:R 3.55, avg 3.67)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$754.00	$755.00	Oct 2	$0.12	$0.88	$0.12	87%	7.33	$754.12
$735.00	$736.00	Oct 16	$0.19	$0.81	$0.19	89%	4.26	$735.19
$742.00	$743.00	Oct 30	$0.15	$0.85	$0.15	81%	5.67	$742.15
$749.00	$750.00	Oct 16	$0.17	$0.83	$0.17	82%	4.88	$749.17
$744.00	$745.00	Sep 30	$0.30	$0.70	$0.30	94%	2.33	$744.30

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$807.00	$806.00	Sep 23	$0.22	$0.78	$0.22	100%	3.55	$806.78
$789.00	$788.00	Oct 2	$0.22	$0.78	$0.22	83%	3.55	$788.78
$800.00	$799.00	Sep 23	$0.47	$0.53	$0.47	100%	1.13	$799.53
$788.00	$787.00	Sep 28	$0.51	$0.49	$0.51	90%	0.96	$787.49
$775.00	$770.00	Oct 5	$1.87	$3.13	$1.87	52%	1.67	$773.13

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 475 found (best R:R 0.97, avg 0.40)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$775.00	$780.00	Oct 5	$2.46	$2.46	$2.54	51%	0.97	$777.46
$780.00	$785.00	Oct 5	$1.72	$1.72	$3.28	63%	0.52	$781.72
$785.00	$790.00	Oct 5	$1.10	$1.10	$3.90	74%	0.28	$786.10
$775.00	$776.00	Oct 30	$0.62	$0.62	$0.38	50%	1.63	$775.62
$776.00	$777.00	Oct 30	$0.59	$0.59	$0.41	51%	1.44	$776.59

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$774.00	$773.00	Sep 21	$0.13	$0.13	$0.87	66%	0.15	$773.87
$773.00	$772.00	Sep 23	$0.34	$0.34	$0.66	59%	0.52	$772.66
$771.00	$770.00	Sep 22	$0.16	$0.16	$0.84	76%	0.19	$770.84
$774.00	$773.00	Sep 22	$0.38	$0.38	$0.62	54%	0.61	$773.62
$773.00	$772.00	Sep 22	$0.29	$0.29	$0.71	62%	0.41	$772.71

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.31, cheapest $1.30)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$774.00	Sep 21	Sep 22	$1.33	17.1%	10.6%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$774.00	Sep 21	Sep 22	$1.30	17.1%	10.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,129 found (cheapest 0.12% of stock, avg 3.85%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$774.00	Sep 21	$0.72	$0.21	$0.93	$773.07	$774.93	0.12%
$775.00	Sep 21	$0.21	$0.70	$0.91	$774.09	$775.91	0.12%
$773.00	Sep 21	$1.58	$0.08	$1.66	$771.34	$774.66	0.21%
$776.00	Sep 21	$0.06	$1.55	$1.61	$774.39	$777.61	0.21%
$777.00	Sep 21	$0.03	$2.51	$2.54	$774.46	$779.54	0.33%
$772.00	Sep 21	$2.55	$0.05	$2.60	$769.40	$774.60	0.34%
$778.00	Sep 21	$0.02	$3.50	$3.52	$774.48	$781.52	0.45%
$775.00	Sep 22	$1.53	$1.99	$3.52	$771.48	$778.52	0.45%
$771.00	Sep 21	$3.54	$0.03	$3.57	$767.43	$774.57	0.46%
$774.00	Sep 22	$2.05	$1.51	$3.56	$770.44	$777.56	0.46%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 356 found (cheapest 0.01% of stock, avg 1.20%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$776.00	$772.00	Sep 21	$0.06	$0.05	$0.11	$771.89	$776.11
$776.00	$773.00	Sep 21	$0.06	$0.08	$0.14	$772.86	$776.14
$775.00	$772.00	Sep 21	$0.21	$0.05	$0.26	$771.74	$775.26
$776.00	$774.00	Sep 21	$0.06	$0.21	$0.27	$773.73	$776.27
$775.00	$773.00	Sep 21	$0.21	$0.08	$0.29	$772.71	$775.29
$775.00	$774.00	Sep 21	$0.21	$0.21	$0.42	$773.58	$775.42
$779.00	$770.00	Sep 22	$0.37	$0.47	$0.84	$769.16	$779.84
$778.00	$770.00	Sep 22	$0.55	$0.47	$1.02	$768.98	$779.02
$779.00	$771.00	Sep 22	$0.37	$0.63	$1.00	$770.00	$780.00
$778.00	$771.00	Sep 22	$0.55	$0.63	$1.18	$769.82	$779.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 379 found (best R:R 0.89, avg credit $0.47)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
754/755	784/785	Oct 9	$0.47	$0.53	49%	0.89	$754.53	$784.47
752/753	784/785	Oct 9	$0.45	$0.55	51%	0.82	$752.55	$784.45
760/761	780/781	Sep 29	$0.43	$0.57	53%	0.75	$760.57	$780.43
757/758	781/782	Oct 2	$0.46	$0.54	50%	0.85	$757.54	$781.46
761/762	780/781	Sep 30	$0.48	$0.52	48%	0.92	$761.52	$780.48
760/761	780/781	Oct 1	$0.49	$0.51	46%	0.96	$760.51	$780.49
758/759	781/782	Oct 2	$0.47	$0.53	48%	0.89	$758.53	$781.47
761/762	781/782	Oct 2	$0.51	$0.49	44%	1.04	$761.49	$781.51
762/763	780/781	Oct 1	$0.52	$0.48	43%	1.08	$762.48	$780.52
759/760	780/781	Sep 30	$0.45	$0.55	50%	0.82	$759.55	$780.45

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 281 found (best R:R 7.77, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$765.00	$770.00	$775.00	Oct 5	$0.57	$4.43	23%	7.77
$773.00	$774.00	$775.00	Sep 21	$0.35	$0.65	60%	1.86
$772.00	$773.00	$774.00	Sep 21	$0.11	$0.89	27%	8.09
$774.00	$775.00	$776.00	Sep 21	$0.36	$0.64	57%	1.78
$771.00	$772.00	$773.00	Sep 22	$0.06	$0.94	14%	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$755.00	$760.00	$765.00	Oct 5	$0.27	$4.73	13%	17.52
$760.00	$765.00	$770.00	Oct 5	$0.43	$4.57	18%	10.63
$745.00	$750.00	$755.00	Oct 5	$0.11	$4.89	6%	44.45
$765.00	$770.00	$775.00	Oct 5	$0.60	$4.40	23%	7.33
$772.00	$773.00	$774.00	Sep 21	$0.10	$0.90	27%	9.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,166 found (best net $-15.57, 1,159 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	-$7.35	$2.65
$780.00	$785.00	1:2	Oct 5	-$0.78	$4.22
$785.00	$790.00	1:2	Oct 5	-$0.30	$4.70
$790.00	$795.00	1:2	Oct 5	-$0.14	$4.86

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$900.00	$845.00	1:2	Sep 21	-$15.57	$39.43
$835.00	$810.00	1:2	Oct 2	-$10.74	$14.26
$865.00	$830.00	1:2	Sep 24	-$20.89	$14.11
$840.00	$817.00	1:2	Oct 30	-$18.84	$4.16
$790.00	$783.00	1:2	Oct 1	-$3.99	$3.01

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 333 found (best yield 1.88%, avg 0.38%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$775.00	Oct 30	$14.54	0.50	0.1%	1.88%	1.94%	905	5.4K
$776.00	Oct 30	$13.97	0.49	0.2%	1.80%	1.99%	721	1.3K
$777.00	Oct 30	$13.38	0.47	0.3%	1.73%	2.05%	1.3K	789
$778.00	Oct 30	$12.80	0.47	0.5%	1.65%	2.10%	643	883
$779.00	Oct 30	$12.24	0.46	0.6%	1.58%	2.16%	617	417
$780.00	Oct 30	$11.70	0.45	0.7%	1.51%	2.22%	992	7.4K
$781.00	Oct 30	$11.16	0.44	0.8%	1.44%	2.28%	220	759
$782.00	Oct 30	$10.65	0.43	1.0%	1.38%	2.34%	710	766
$783.00	Oct 30	$10.15	0.41	1.1%	1.31%	2.41%	297	21.3K
$784.00	Oct 30	$9.66	0.40	1.2%	1.25%	2.47%	210	292

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 7,039,540

Total Puts 5,632,878

Put/Call Ratio 0.80

Net Difference 1,406,662

Prior's Put/Call Breakdown

Total Calls 4,378,072

Total Puts 4,826,507

Put/Call Ratio 1.10

Net Difference -448,435

Prior 7-Day Put/Call Summary

Total Calls 29,276,398

Total Puts 27,970,795

Average Put/Call Ratio 0.98

Ratio Trend Falling

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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📈 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

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