Tour v528
SPY
State Street SPDR S&P 500 ETF Trust
$773.21 -0.04%
9/22 10:45

Option Volume

Detail
Current (09/22 10:45am) 3,197,318
Calls: 1,621,182 (51%)
Puts: 1,576,136 (49%)
Prior (09/18) 2,802,027
Calls: 1,179,881 (42%)
Puts: 1,622,146 (58%)
Current vs Prior +14.11%
Calls: +37.40% (Calls)
Puts: -2.84% (Puts)
Prior 7-Day Total 54,079,912
Calls: 27,121,267 (50%)
Puts: 26,958,645 (50%)
Prior 7-Day Average 7,725,701
Calls: 3,874,466 (50%)
Puts: 3,851,235 (50%)
Current vs Prior 7-Day Avg -58.61%
Calls: -58.16%
Puts: -59.07%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/22 10:45am) $446.11M
Calls: $221.37M (50%)
Puts: $224.73M (50%)
Prior (09/18) $429.96M
Calls: $153.79M (36%)
Puts: $276.17M (64%)
Current vs Prior +3.76%
Calls: +43.95%
Puts: -18.62%
Prior 7-Day Total $12.12B
Calls: $8.61B (71%)
Puts: $3.51B (29%)
Prior 7-Day Average $1.73B
Calls: $1.23B (71%)
Puts: $501.42M (29%)
Current vs Prior 7-Day Avg -74.23%
Calls: -82.00%
Puts: -55.18%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/22 10:45am) 0.97
Prior (09/18) 1.37
Current vs Prior -29.29%
Prior 7-Day Average 0.98
Current vs Prior 7-Day Avg -1.10%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/22 10:45am) 7,894,591
Calls: 2,254,221 (29%)
Puts: 5,640,370 (71%)
Prior (09/18) 11,785,360
Calls: 2,910,748 (25%)
Puts: 8,874,612 (75%)
Current vs Prior -33.01%
Prior 7-Day Total 66,394,001
Calls: 17,891,788 (27%)
Puts: 48,502,213 (73%)
Prior 7-Day Average 9,484,857
Calls: 2,555,969 (27%)
Puts: 6,928,887 (73%)
Current vs Prior 7-Day Avg -16.77%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/22) | Next (09/23)Expiry (09/23) | Next (09/25)Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)
Current 0.34% | 0.54%0.54% | 0.84%0.84% | 1.47%2.45% | 4.75%
Prior 0.49% | 0.68%0.14% | 0.68%0.99% | 1.62%0.14% | 2.60%
Current vs Prior -31.82% | -20.46%+281.08% | +23.95%-14.72% | -9.00%+1622.57% | +82.68%
Prior 7-Day Avg 0.64% | 0.87%0.31% | 0.82%0.76% | 1.53%0.18% | 2.90%
Current vs 7-Day Avg -47.88% | -37.70%+76.34% | +2.84%+11.07% | -4.17%+1265.38% | +64.04%
Prior 7-Day Eod 0.49% | 0.68%0.14% | 0.68%0.99% | 1.62%0.14% | 2.60%
Current vs 7-Day Eod -31.82% | -20.46%+281.08% | +23.95%-14.72% | -9.00%+1622.57% | +82.68%
Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 0.78% | 0.48%
Calls: 0.87% | 0.50%
Puts: 0.69% | 0.46%
Prior 0.52% | 0.95%
Calls: 0.52% | 1.12%
Puts: 0.52% | 0.77%
Current vs Prior +50.00% | -49.47%
Prior 7-Day Avg 0.65% | 1.33%
Calls: 0.61% | 1.01%
Puts: 0.69% | 1.66%
Current vs 7-Day Avg +19.39% | -64.04%
Liquidity Excellent
+
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🤖 AI Insights

P/C ratio dropping 29% - sentiment shifting bullish. Put-heavy open interest (5,640,370 puts vs 2,254,221 calls) suggests hedging or bearish positioning. Declining open interest (down 33%) indicates positions being closed.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
10:45BEARISHNEUTRALMIXED
10:40BULLISHNEUTRALBULLISH
10:35BULLISHNEUTRALBULLISH
10:30BULLISHNEUTRALBULLISH
10:25BULLISHBULLISHBULLISH
10:20BULLISHBULLISHBULLISH
10:15BULLISHBULLISHBULLISH
10:10BULLISHBULLISHBULLISH
10:05BULLISHBULLISHBULLISH
10:00BULLISHBULLISHBULLISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
09:45BULLISHBULLISHBULLISH
09:40BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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 2,296 of results (avg 2.6%, best 0.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$734.00Sep 2839.7839.83$39.810.1%2461.003
$767.00Sep 226.326.33$6.330.2%7570.943.7K
$726.00Sep 2547.6247.70$47.660.2%100.9973
$723.00Sep 2550.6150.70$50.660.2%60.9970
$724.00Sep 2549.6149.70$49.660.2%60.9935
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$778.00Sep 224.824.83$4.830.2%3.9K0.95569
$920.00Sep 22146.56146.91$146.740.2%41.00--
$773.00Sep 304.124.13$4.130.2%2900.49673
$781.00Sep 227.777.79$7.780.3%2.0K0.98530
$777.00Sep 223.863.87$3.870.3%8.3K0.91429

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 826 found (avg $0.35, cheapest $0.07)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$778.00Sep 220.060.07$0.0714.3%99.7K0.058.0K
$776.00Sep 220.190.20$0.205.0%142.4K0.1511.4K
$777.00Sep 220.110.12$0.128.3%130.2K0.098.5K
$775.00Sep 220.360.37$0.372.7%258.6K0.2527.1K
$774.00Sep 220.670.68$0.681.5%203.1K0.3911.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$769.00Sep 220.140.15$0.156.7%85.2K0.108.5K
$768.00Sep 220.100.11$0.119.1%44.4K0.079.0K
$771.00Sep 220.340.35$0.352.9%81.1K0.216.8K
$770.00Sep 220.220.23$0.234.3%103.3K0.1413.8K
$767.00Sep 220.070.08$0.0812.5%23.7K0.059.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 1,184 found (avg delta 0.87, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Sep 22153.09153.45$153.270.2%41.00--
$625.00Sep 22148.11149.14$148.630.7%31.00--
$655.00Sep 22118.09118.47$118.280.3%21.00--
$665.00Sep 22108.11108.85$108.480.7%61.00--
$670.00Sep 22103.11103.74$103.430.6%111.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$920.00Sep 22146.56146.91$146.740.2%41.00--
$925.00Sep 22151.24151.90$151.570.4%21.00--
$791.00Sep 2517.7217.80$17.760.5%1011.0049
$792.00Sep 2518.7118.79$18.750.4%651.0059
$793.00Sep 2519.7119.79$19.750.4%471.001

Most actively traded options today. High liquidity = easy entry/exit. 2,376 active (total vol 3.2M, top 258.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$775.00Sep 220.360.37$0.372.7%258.6K0.2527.1K
$774.00Sep 220.670.68$0.681.5%203.1K0.3911.8K
$776.00Sep 220.190.20$0.205.0%142.4K0.1511.4K
$777.00Sep 220.110.12$0.128.3%130.2K0.098.5K
$778.00Sep 220.060.07$0.0714.3%99.7K0.058.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$773.00Sep 220.900.91$0.911.1%255.8K0.469.4K
$774.00Sep 221.431.44$1.440.7%200.3K0.616.5K
$772.00Sep 220.560.57$0.561.8%153.4K0.3210.5K
$770.00Sep 220.220.23$0.234.3%103.3K0.1413.8K
$769.00Sep 220.140.15$0.156.7%85.2K0.108.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 22.2%, max 28.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$771.00Sep 22Oct 3014.7%11.4%28.9%9.3K5.5K
$776.00Sep 22Oct 3013.6%10.9%25.6%142.4K12.8K
$772.00Sep 22Oct 3013.9%11.3%22.6%20.3K9.8K
$775.00Sep 22Oct 3013.2%11.0%20.0%258.9K32.5K
$774.00Sep 22Oct 3013.1%11.1%18.2%203.2K12.4K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$771.00Sep 22Oct 3014.7%11.4%28.9%81.1K7.1K
$776.00Sep 22Oct 3013.6%10.9%25.6%23.6K1.5K
$772.00Sep 22Oct 3013.9%11.3%22.6%153.6K11.9K
$775.00Sep 22Oct 3013.2%11.0%20.0%69.3K4.9K
$774.00Sep 22Oct 3013.1%11.1%18.2%200.5K7.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 651 found (best R:R 8.09, avg 3.66)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$734.00$735.00Sep 28$0.18$0.82$0.18100%4.56$734.18
$719.00$720.00Sep 23$0.25$0.75$0.25100%3.00$719.25
$720.00$721.00Sep 28$0.29$0.71$0.29100%2.45$720.29
$747.00$748.00Oct 16$0.12$0.88$0.1284%7.33$747.12
$730.00$731.00Oct 16$0.21$0.79$0.2191%3.76$730.21
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$795.00$794.00Sep 28$0.11$0.89$0.1198%8.09$794.89
$787.00$786.00Sep 29$0.36$0.64$0.3691%1.78$786.64
$787.00$785.00Sep 30$1.31$0.69$1.3189%0.53$785.69
$798.00$797.00Sep 28$0.60$0.40$0.6098%0.67$797.40
$792.00$791.00Sep 28$0.62$0.38$0.6297%0.61$791.38

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 468 found (best R:R 0.84, avg 0.39)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$775.00$780.00Oct 6$2.28$2.28$2.7254%0.84$777.28
$780.00$785.00Oct 6$1.53$1.53$3.4766%0.44$781.53
$785.00$790.00Oct 6$0.95$0.95$4.0577%0.23$785.95
$775.00$776.00Oct 30$0.59$0.59$0.4152%1.44$775.59
$776.00$777.00Oct 30$0.58$0.58$0.4253%1.38$776.58
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$773.00$772.00Sep 22$0.35$0.35$0.6554%0.54$772.65
$772.00$771.00Sep 22$0.21$0.21$0.7968%0.27$771.79
$771.00$770.00Sep 23$0.24$0.24$0.7668%0.32$770.76
$773.00$772.00Sep 23$0.40$0.40$0.6052%0.67$772.60
$770.00$769.00Sep 23$0.18$0.18$0.8275%0.22$769.82

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.79, cheapest $0.78)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$772.00Sep 22Sep 23$0.7813.9%10.2%
$773.00Sep 22Sep 23$0.8513.2%10.0%
$774.00Sep 22Sep 23$0.8213.1%10.4%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$772.00Sep 22Sep 23$0.7313.9%10.2%
$773.00Sep 22Sep 23$0.7813.2%10.0%
$774.00Sep 22Sep 23$0.7513.1%10.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 1,075 found (cheapest 0.27% of stock, avg 3.80%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$773.00Sep 22$1.15$0.91$2.06$770.94$775.060.27%
$774.00Sep 22$0.68$1.44$2.12$771.88$776.120.27%
$772.00Sep 22$1.81$0.56$2.37$769.63$774.370.31%
$775.00Sep 22$0.37$2.13$2.50$772.50$777.500.32%
$771.00Sep 22$2.60$0.35$2.95$768.05$773.950.38%
$776.00Sep 22$0.20$2.95$3.15$772.85$779.150.41%
$770.00Sep 22$3.47$0.23$3.70$766.30$773.700.48%
$773.00Sep 23$2.00$1.69$3.69$769.31$776.690.48%
$774.00Sep 23$1.50$2.19$3.69$770.31$777.690.48%
$772.00Sep 23$2.59$1.29$3.88$768.12$775.880.50%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 375 found (cheapest 0.03% of stock, avg 1.11%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$777.00$769.00Sep 22$0.12$0.15$0.27$768.73$777.27
$778.00$769.00Sep 22$0.07$0.15$0.22$768.78$778.22
$778.00$770.00Sep 22$0.07$0.23$0.30$769.70$778.30
$777.00$770.00Sep 22$0.12$0.23$0.35$769.65$777.35
$776.00$769.00Sep 22$0.20$0.15$0.35$768.65$776.35
$778.00$771.00Sep 22$0.07$0.35$0.42$770.58$778.42
$776.00$770.00Sep 22$0.20$0.23$0.43$769.57$776.43
$777.00$771.00Sep 22$0.12$0.35$0.47$770.53$777.47
$776.00$771.00Sep 22$0.20$0.35$0.55$770.45$776.55
$775.00$769.00Sep 22$0.37$0.15$0.52$768.48$775.52

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 421 found (best R:R 0.96, avg credit $0.47)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
746/747783/784Oct 16$0.49$0.5149%0.96$746.51$783.49
748/749783/784Oct 16$0.50$0.5047%1.00$748.50$783.50
752/753781/782Oct 9$0.49$0.5148%0.96$752.51$781.49
755/756780/781Oct 5$0.46$0.5451%0.85$755.54$780.46
751/752783/784Oct 16$0.52$0.4845%1.08$751.48$783.52
755/756781/782Oct 5$0.43$0.5754%0.75$755.57$781.43
749/750783/784Oct 16$0.50$0.5047%1.00$749.50$783.50
754/755781/782Oct 9$0.50$0.5046%1.00$754.50$781.50
752/753782/783Oct 9$0.46$0.5450%0.85$752.54$782.46
752/753783/784Oct 9$0.44$0.5652%0.79$752.56$783.44

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 272 found (best R:R 8.26, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$765.00$770.00$775.00Oct 6$0.54$4.4624%8.26
$770.00$771.00$772.00Sep 22$0.08$0.9218%11.50
$760.00$762.00$764.00Oct 5$0.05$1.956%39.00
$769.00$770.00$771.00Sep 23$0.05$0.9512%19.00
$773.00$774.00$775.00Sep 22$0.16$0.8429%5.25
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$750.00$755.00$760.00Oct 6$0.18$4.8210%26.78
$760.00$765.00$770.00Oct 6$0.45$4.5519%10.11
$755.00$760.00$765.00Oct 6$0.32$4.6814%14.62
$740.00$745.00$750.00Oct 6$0.08$4.925%61.50
$745.00$750.00$755.00Oct 6$0.14$4.867%34.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 1,134 found (best net $-6.48, 1,131 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$650.00$695.001:2Oct 2-$34.71$10.29
$710.00$732.001:2Sep 29-$19.23$2.77
$780.00$785.001:2Oct 6-$0.50$4.50
$785.00$790.001:2Oct 6-$0.13$4.87
$775.00$780.001:2Oct 6-$1.28$3.72
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$880.00$830.001:2Oct 16-$6.48$43.52
$855.00$815.001:2Sep 23-$1.66$38.34
$800.00$788.001:2Sep 30-$3.33$8.67
$840.00$816.001:2Oct 30-$18.57$5.43
$788.00$780.001:2Oct 5-$2.87$5.13

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 321 found (best yield 1.80%, avg 0.36%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$774.00Oct 30$13.930.500.1%1.80%1.90%77663
$775.00Oct 30$13.330.480.2%1.72%1.96%3175.4K
$776.00Oct 30$12.740.470.4%1.65%2.01%661.3K
$777.00Oct 30$12.170.470.5%1.57%2.06%140734
$778.00Oct 30$11.620.460.6%1.50%2.12%401.1K
$779.00Oct 30$11.080.450.8%1.43%2.18%133673
$780.00Oct 30$10.550.430.9%1.36%2.24%3537.5K
$781.00Oct 30$10.050.421.0%1.30%2.31%32882
$782.00Oct 30$9.550.411.1%1.24%2.37%341914
$783.00Oct 30$9.080.401.3%1.17%2.44%7921.4K

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 1,621,182
Total Puts 1,576,136
Put/Call Ratio 0.97
Net Difference 45,046

Prior's Put/Call Breakdown

Total Calls 1,179,881
Total Puts 1,622,146
Put/Call Ratio 1.37
Net Difference -442,265

Prior 7-Day Put/Call Summary

Total Calls 27,121,267
Total Puts 26,958,645
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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Chart Title

Price — Past 7 Days

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