SPY - Options Database

SPY

State Street SPDR S&P 500 ETF Trust

$773.88 +1.60%

(9/21 15:45) ◀

Monday, September 21, 2026 (3:50pm)

▶ (9/21 15:55)

◀ 9/21 15:50 ▶

Option Volume

Detail

ℹ

Current (09/21 3:50pm) 12,807,868

Calls: 7,099,153 (55%)

Puts: 5,708,715 (45%)

Prior (09/18) 9,377,521

Calls: 4,457,557 (48%)

Puts: 4,919,964 (52%)

Current vs Prior +36.58%

Calls: +59.26% (Calls)

Puts: +16.03% (Puts)

Prior 7-Day Total 69,919,611

Calls: 36,315,938 (52%)

Puts: 33,603,673 (48%)

Prior 7-Day Average 11,653,268

Calls: 5,187,991 (52%)

Puts: 4,800,524 (48%)

Current vs Prior 7-Day Avg +9.91%

Calls: +36.84%

Puts: +18.92%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/21 3:50pm) $2.71B

Calls: $2.32B (86%)

Puts: $387.76M (14%)

Prior (09/18) $1.38B

Calls: $990.78M (72%)

Puts: $385.40M (28%)

Current vs Prior +96.65%

Calls: +134.00%

Puts: +0.61%

Prior 7-Day Total $17.27B

Calls: $13.72B (79%)

Puts: $3.55B (21%)

Prior 7-Day Average $2.88B

Calls: $1.96B (79%)

Puts: $507.24M (21%)

Current vs Prior 7-Day Avg -5.99%

Calls: +18.28%

Puts: -23.55%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/21 3:50pm) 0.80

Prior (09/18) 1.10

Current vs Prior -27.14%

Prior 7-Day Average 0.95

Current vs Prior 7-Day Avg -15.53%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (09/21 3:50pm) 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 57,307,618

Calls: 15,196,103 (27%)

Puts: 42,111,515 (73%)

Prior 7-Day Average 9,551,269

Calls: 2,532,683 (27%)

Puts: 7,018,585 (73%)

Current vs Prior 7-Day Avg -23.58%

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% | 0.52%0.19% | 0.68%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 -67.99% | -33.89%-23.42% | +14.76%+298.95% | +31.76%-23.42% | -7.41%

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 -72.59% | -44.16%-47.56% | -21.53%+44.77% | +7.07%-0.94% | -13.76%

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 -67.99% | -33.89%-23.42% | +14.76%+298.95% | +31.76%-23.42% | -7.41%

Sentiment BULLISHBULLISHBEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 2.10% | 1.00%

Calls: 1.94% | 0.88%

Puts: 2.27% | 1.13%

Prior 0.67% | 0.72%

Calls: 0.66% | 0.52%

Puts: 0.68% | 0.92%

Current vs Prior +213.43% | +38.89%

Prior 7-Day Avg 0.72% | 1.46%

Calls: 0.66% | 0.97%

Puts: 0.78% | 1.96%

Current vs 7-Day Avg +191.67% | -31.66%

Liquidity Excellent

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🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($2.32B) vs puts ($387.76M). Elevated premium activity with dollar volume up 97% 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
15:50	BULLISH	BULLISH	BULLISH
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 2,338 of results (avg 2.9%, best 0.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$710.00	Sep 24	64.01	64.11	$64.06	0.2%	27	1.00	12
$780.00	Oct 30	11.35	11.37	$11.36	0.2%	994	0.45	7.4K
$720.00	Sep 24	54.02	54.12	$54.07	0.2%	20	1.00	9
$721.00	Sep 24	53.02	53.12	$53.07	0.2%	2	1.00	6
$722.00	Sep 24	52.02	52.12	$52.07	0.2%	2	1.00	6

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$775.00	Oct 23	10.33	10.35	$10.34	0.2%	839	0.50	114
$773.00	Oct 16	8.23	8.25	$8.24	0.2%	1.2K	0.47	1.2K
$775.00	Sep 25	3.89	3.90	$3.90	0.3%	6.3K	0.53	743
$782.00	Oct 30	15.10	15.14	$15.12	0.3%	3	0.58	316
$781.00	Oct 30	14.59	14.63	$14.61	0.3%	5	0.56	333

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 835 found (avg $0.34, cheapest $0.09)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$775.00	Sep 21	0.08	0.09	$0.09	11.1%	712.5K	0.23	2.2K
$774.00	Sep 21	0.33	0.34	$0.34	2.9%	656.1K	0.60	3.0K
$783.00	Sep 22	0.06	0.07	$0.07	14.3%	5.0K	0.04	425
$782.00	Sep 22	0.09	0.10	$0.10	10.0%	10.8K	0.05	486
$781.00	Sep 22	0.13	0.14	$0.14	7.1%	17.2K	0.07	785

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$772.00	Sep 21	0.05	0.06	$0.06	16.7%	373.9K	0.07	119
$773.00	Sep 21	0.13	0.14	$0.14	7.1%	293.3K	0.14	--
$774.00	Sep 21	0.43	0.44	$0.44	2.3%	215.7K	0.40	10
$765.00	Sep 22	0.14	0.15	$0.15	6.7%	25.6K	0.06	1.5K
$759.00	Sep 22	0.05	0.06	$0.06	16.7%	3.5K	0.02	2.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,284 found (avg delta 0.88, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$620.00	Sep 21	153.58	154.73	$154.16	0.7%	18	1.00	--
$625.00	Sep 21	148.71	149.77	$149.24	0.7%	9	1.00	--
$630.00	Sep 21	143.71	144.72	$144.22	0.7%	17	1.00	--
$635.00	Sep 21	137.40	140.99	$139.20	2.6%	103	1.00	--
$640.00	Sep 21	133.65	134.73	$134.19	0.8%	30	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$796.00	Sep 25	21.09	23.35	$22.22	10.2%	169	1.00	4
$797.00	Sep 25	21.76	24.19	$22.98	10.6%	112	1.00	--
$798.00	Sep 25	23.09	25.51	$24.30	10.0%	413	1.00	--
$799.00	Sep 25	23.01	26.44	$24.73	13.9%	52	1.00	--
$800.00	Sep 25	25.08	27.51	$26.30	9.2%	21	1.00	11

Most actively traded options today. High liquidity = easy entry/exit. 2,895 active (total vol 12.7M, top 712.5K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$775.00	Sep 21	0.08	0.09	$0.09	11.1%	712.5K	0.23	2.2K
$773.00	Sep 21	1.02	1.04	$1.03	1.9%	704.3K	0.86	3.9K
$774.00	Sep 21	0.33	0.34	$0.34	2.9%	656.1K	0.60	3.0K
$772.00	Sep 21	1.95	1.97	$1.96	1.0%	590.7K	0.93	3.6K
$770.00	Sep 21	3.90	3.93	$3.92	0.8%	557.8K	0.95	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%	443.1K	0.03	828
$768.00	Sep 21	0.01	0.02	$0.02	50.0%	421.4K	0.01	334
$769.00	Sep 21	0.01	0.02	$0.02	50.0%	387.2K	0.02	318
$772.00	Sep 21	0.05	0.06	$0.06	16.7%	373.9K	0.07	119
$767.00	Sep 21	0.01	0.02	$0.02	50.0%	365.0K	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 48.9%, max 53.4%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$775.00	Sep 21	Oct 30	17.4%	11.3%	53.4%	713.4K	7.6K
$774.00	Sep 21	Oct 30	16.6%	11.5%	44.6%	656.7K	3.6K

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$775.00	Sep 21	Oct 30	17.3%	11.3%	52.9%	83.5K	608
$774.00	Sep 21	Oct 30	16.6%	11.5%	44.6%	216.0K	342

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 683 found (best R:R 3.17, avg 3.50)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$694.00	$695.00	Oct 30	$0.19	$0.81	$0.19	94%	4.26	$694.19
$750.00	$751.00	Sep 25	$0.24	$0.76	$0.24	96%	3.17	$750.24
$744.00	$745.00	Sep 30	$0.23	$0.77	$0.23	94%	3.35	$744.23
$746.00	$747.00	Oct 16	$0.15	$0.85	$0.15	84%	5.67	$746.15
$749.00	$750.00	Oct 16	$0.16	$0.84	$0.16	82%	5.25	$749.16

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$801.00	$800.00	Sep 21	$0.24	$0.76	$0.24	100%	3.17	$800.76
$788.00	$787.00	Sep 30	$0.15	$0.85	$0.15	86%	5.67	$787.85
$810.00	$809.00	Sep 23	$0.31	$0.69	$0.31	100%	2.23	$809.69
$787.00	$786.00	Sep 29	$0.24	$0.76	$0.24	87%	3.17	$786.76
$785.00	$784.00	Sep 28	$0.23	$0.77	$0.23	85%	3.35	$784.77

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 471 found (best R:R 0.89, avg 0.41)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$775.00	$780.00	Oct 5	$2.36	$2.36	$2.64	52%	0.89	$777.36
$780.00	$785.00	Oct 5	$1.65	$1.65	$3.35	63%	0.49	$781.65
$774.00	$775.00	Oct 30	$0.64	$0.64	$0.36	49%	1.78	$774.64
$785.00	$790.00	Oct 5	$1.02	$1.02	$3.98	75%	0.26	$786.02
$775.00	$776.00	Oct 30	$0.60	$0.60	$0.40	50%	1.50	$775.60

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$773.00	$772.00	Sep 22	$0.34	$0.34	$0.66	61%	0.52	$772.66
$772.00	$771.00	Sep 22	$0.26	$0.26	$0.74	69%	0.35	$771.74
$771.00	$770.00	Sep 22	$0.19	$0.19	$0.81	76%	0.23	$770.81
$772.00	$771.00	Sep 23	$0.31	$0.31	$0.69	64%	0.45	$771.69
$773.00	$772.00	Sep 23	$0.37	$0.37	$0.63	58%	0.59	$772.63

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.35, cheapest $1.33)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$774.00	Sep 21	Sep 22	$1.37	16.6%	10.4%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$774.00	Sep 21	Sep 22	$1.33	16.6%	10.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,133 found (cheapest 0.10% of stock, avg 3.83%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$774.00	Sep 21	$0.34	$0.44	$0.78	$773.22	$774.78	0.10%
$773.00	Sep 21	$1.03	$0.14	$1.17	$771.83	$774.17	0.15%
$775.00	Sep 21	$0.09	$1.19	$1.28	$773.72	$776.28	0.17%
$772.00	Sep 21	$1.96	$0.06	$2.02	$769.98	$774.02	0.26%
$776.00	Sep 21	$0.03	$2.13	$2.16	$773.84	$778.16	0.28%
$771.00	Sep 21	$2.93	$0.03	$2.96	$768.04	$773.96	0.38%
$777.00	Sep 21	$0.02	$3.12	$3.14	$773.86	$780.14	0.41%
$774.00	Sep 22	$1.71	$1.77	$3.48	$770.52	$777.48	0.45%
$775.00	Sep 22	$1.25	$2.32	$3.57	$771.43	$778.57	0.46%
$773.00	Sep 22	$2.26	$1.34	$3.60	$769.40	$776.60	0.47%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 356 found (cheapest 0.01% of stock, avg 1.19%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$776.00	$772.00	Sep 21	$0.03	$0.06	$0.09	$771.91	$776.09
$776.00	$773.00	Sep 21	$0.03	$0.14	$0.17	$772.83	$776.17
$775.00	$772.00	Sep 21	$0.09	$0.06	$0.15	$771.85	$775.15
$775.00	$773.00	Sep 21	$0.09	$0.14	$0.23	$772.77	$775.23
$775.00	$774.00	Sep 21	$0.09	$0.44	$0.53	$773.47	$775.53
$776.00	$774.00	Sep 21	$0.03	$0.44	$0.47	$773.53	$776.47
$779.00	$770.00	Sep 22	$0.29	$0.55	$0.84	$769.16	$779.84
$778.00	$770.00	Sep 22	$0.43	$0.55	$0.98	$769.02	$778.98
$779.00	$771.00	Sep 22	$0.29	$0.74	$1.03	$769.97	$780.03
$778.00	$771.00	Sep 22	$0.43	$0.74	$1.17	$769.83	$779.17

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 310 found (best R:R 0.82, avg credit $0.46)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
750/751	783/784	Oct 9	$0.45	$0.55	51%	0.82	$750.55	$783.45
756/757	781/782	Oct 2	$0.44	$0.56	51%	0.79	$756.56	$781.44
757/758	782/783	Oct 1	$0.39	$0.61	56%	0.64	$757.61	$782.39
758/759	781/782	Oct 2	$0.46	$0.54	49%	0.85	$758.54	$781.46
756/757	782/783	Oct 2	$0.41	$0.59	54%	0.69	$756.59	$782.41
755/756	783/784	Oct 9	$0.48	$0.52	46%	0.92	$755.52	$783.48
757/758	780/781	Oct 1	$0.44	$0.56	50%	0.79	$757.56	$780.44
759/760	782/783	Oct 1	$0.41	$0.59	53%	0.69	$759.59	$782.41
763/764	781/782	Oct 2	$0.53	$0.47	41%	1.13	$763.47	$781.53
753/754	783/784	Oct 9	$0.46	$0.54	48%	0.85	$753.54	$783.46

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 319 found (best R:R 4.26, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$774.00	$775.00	$776.00	Sep 21	$0.19	$0.81	52%	4.26
$775.00	$776.00	$777.00	Sep 21	$0.05	$0.95	19%	19.00
$795.00	$800.00	$805.00	Oct 5	$0.15	$4.85	6%	32.33
$773.00	$774.00	$775.00	Sep 21	$0.44	$0.56	63%	1.27
$774.00	$775.00	$776.00	Sep 23	$0.06	$0.94	13%	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$774.00	$775.00	$776.00	Sep 21	$0.19	$0.81	52%	4.26
$770.00	$775.00	$780.00	Oct 5	$0.57	$4.43	24%	7.77
$800.00	$805.00	$810.00	Oct 2	$0.05	$4.95	6%	99.00
$750.00	$755.00	$760.00	Oct 5	$0.18	$4.82	9%	26.78
$760.00	$765.00	$770.00	Oct 5	$0.44	$4.56	18%	10.36

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,156 found (best net $-16.43, 1,150 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$710.00	$734.00	1:2	Sep 29	-$16.99	$7.01
$772.00	$773.00	1:2	Sep 21	-$0.10	$0.90
$780.00	$785.00	1:2	Oct 5	-$0.66	$4.34
$785.00	$790.00	1:2	Oct 5	-$0.27	$4.73
$775.00	$780.00	1:2	Oct 5	-$1.60	$3.40

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$900.00	$845.00	1:2	Sep 21	-$16.43	$38.57
$835.00	$810.00	1:2	Oct 2	-$10.81	$14.19
$865.00	$830.00	1:2	Sep 24	-$20.82	$14.18
$840.00	$817.00	1:2	Oct 30	-$19.21	$3.79
$790.00	$783.00	1:2	Oct 1	-$4.68	$2.32

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 343 found (best yield 1.90%, avg 0.38%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$774.00	Oct 30	$14.74	0.51	0.0%	1.90%	1.92%	538	575
$775.00	Oct 30	$14.18	0.50	0.1%	1.83%	1.98%	914	5.4K
$776.00	Oct 30	$13.58	0.48	0.3%	1.75%	2.03%	722	1.3K
$777.00	Oct 30	$13.00	0.47	0.4%	1.68%	2.08%	1.3K	789
$778.00	Oct 30	$12.44	0.47	0.5%	1.61%	2.14%	645	883
$779.00	Oct 30	$11.88	0.46	0.7%	1.54%	2.20%	620	417
$780.00	Oct 30	$11.35	0.45	0.8%	1.47%	2.26%	994	7.4K
$781.00	Oct 30	$10.82	0.43	0.9%	1.40%	2.32%	220	759
$782.00	Oct 30	$10.32	0.42	1.1%	1.33%	2.38%	710	766
$783.00	Oct 30	$9.82	0.41	1.2%	1.27%	2.45%	300	21.3K

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 7,099,153

Total Puts 5,708,715

Put/Call Ratio 0.80

Net Difference 1,390,438

Prior's Put/Call Breakdown

Total Calls 4,457,557

Total Puts 4,919,964

Put/Call Ratio 1.10

Net Difference -462,407

Prior 7-Day Put/Call Summary

Total Calls 36,315,938

Total Puts 33,603,673

Average Put/Call Ratio 0.95

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

🤖 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

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