XLI - Options Database

XLI

State Street IndstrlSelSectSPDRETF

$182.49 -0.39%

$182.92 (+0.24%)🌙

as of 07/28 06:12 PM

(7/28 15:07) ◀

Tuesday, July 28, 2026 (6:12pm)

▶ (7/29 15:07)

◀ 7/28 18:12 ▶

Option Volume

Detail

ℹ

Current (07/28) 4,614

Calls: 2,425 (53%)

Puts: 2,189 (47%)

Prior (07/27) 13,943

Calls: 2,488 (18%)

Puts: 11,455 (82%)

Current vs Prior -66.91%

Calls: -2.53% (Calls)

Puts: -80.89% (Puts)

Prior 7-Day Total 74,723

Calls: 27,008 (36%)

Puts: 47,715 (64%)

Prior 7-Day Average 10,674

Calls: 3,858 (36%)

Puts: 6,816 (64%)

Current vs Prior 7-Day Avg -56.78%

Calls: -37.15%

Puts: -67.89%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/28) $1.64M

Calls: $1.36M (83%)

Puts: $281.2K (17%)

Prior (07/27) $5.52M

Calls: $1.69M (31%)

Puts: $3.83M (69%)

Current vs Prior -70.27%

Calls: -19.46%

Puts: -92.66%

Prior 7-Day Total $25.55M

Calls: $11.78M (46%)

Puts: $13.76M (54%)

Prior 7-Day Average $3.65M

Calls: $1.68M (46%)

Puts: $1.97M (54%)

Current vs Prior 7-Day Avg -55.04%

Calls: -19.24%

Puts: -85.70%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/28) 0.90

Prior (07/27) 4.60

Current vs Prior -80.39%

Prior 7-Day Average 1.98

Current vs Prior 7-Day Avg -54.50%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/28) 202,971

Calls: 58,619 (29%)

Puts: 144,352 (71%)

Prior (07/27) 472,348

Calls: 107,892 (23%)

Puts: 364,456 (77%)

Current vs Prior -57.03%

Prior 7-Day Total 2,665,531

Calls: 609,533 (23%)

Puts: 2,055,998 (77%)

Prior 7-Day Average 380,790

Calls: 87,076 (23%)

Puts: 293,714 (77%)

Current vs Prior 7-Day Avg -46.70%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)

Current 2.63% | 3.33%5.43% | 6.76%

Prior 2.73% | 3.36%5.01% | 7.25%

Current vs Prior -3.63% | -0.91%+8.37% | -6.79%

Prior 7-Day Avg 2.91% | 3.67%4.78% | 6.92%

Current vs 7-Day Avg -9.70% | -9.24%+13.71% | -2.39%

Prior 7-Day Eod 2.73% | 3.36%5.01% | 7.25%

Current vs 7-Day Eod -3.63% | -0.91%+8.37% | -6.79%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 12.68% | 10.05%

Calls: 15.22% | 14.29%

Puts: 10.13% | 5.81%

Prior 16.54% | 10.93%

Calls: 18.87% | 12.54%

Puts: 14.21% | 9.32%

Current vs Prior -23.34% | -8.05%

Prior 7-Day Avg 58.50% | 36.67%

Calls: 61.03% | 34.00%

Puts: 55.97% | 39.35%

Current vs 7-Day Avg -78.32% | -72.59%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 83% of dollar volume in calls ($1.36M) vs puts ($281.2K). Light premium activity with dollar volume down 70% vs prior. Below-average activity with volume down 67% vs prior. P/C ratio dropping 80% - sentiment shifting bullish.

Smart Money BULLISH

Retail Flow NEUTRAL

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

7-Day Avg BEARISH

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 BEARISH

Prior BULLISH

7-Day Avg 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 -- of results (avg --%, best --%)

No options available for this category

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

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 44 found (avg delta 0.69, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$165.00	Aug 21	15.95	20.85	$18.40	26.6%	1	1.00	5
$157.50	Jul 31	22.40	27.40	$24.90	20.1%	29	1.00	21
$170.00	Aug 21	11.45	16.35	$13.90	35.3%	2	0.97	--
$174.00	Jul 31	6.35	11.25	$8.80	55.7%	8	0.96	5
$175.00	Jul 31	6.40	11.30	$8.85	55.4%	9	0.87	22

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Jul 31	10.25	15.10	$12.68	38.2%	3	1.00	--
$190.00	Aug 21	6.00	10.90	$8.45	58.0%	1	0.78	--
$192.50	Aug 14	7.75	12.65	$10.20	48.0%	1	0.73	--
$187.50	Jul 31	2.91	7.85	$5.38	91.8%	5	0.66	5
$182.00	Aug 21	1.26	6.20	$3.73	132.4%	4	0.51	523

Most actively traded options today. High liquidity = easy entry/exit. 150 active (total vol 3.6K, top 347)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$182.00	Aug 7	2.70	4.20	$3.45	43.5%	329	0.55	7
$199.00	Aug 21	0.00	4.80	$2.40	200.0%	307	0.21	52
$188.00	Aug 7	0.10	4.95	$2.53	191.7%	68	0.35	--
$188.00	Aug 21	0.05	5.00	$2.53	195.7%	52	0.31	646
$180.00	Aug 7	3.35	8.20	$5.78	83.9%	44	0.63	50

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Jul 31	0.00	4.80	$2.40	200.0%	347	0.37	1.7K
$175.00	Jul 31	0.01	1.00	$0.51	194.1%	233	0.13	3.0K
$181.00	Jul 31	0.10	4.95	$2.53	191.7%	188	0.40	24
$170.00	Aug 21	0.55	1.00	$0.78	57.7%	135	0.14	915
$173.00	Jul 31	0.00	0.10	$0.05	200.0%	129	0.03	173

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 37 strikes (avg 104.8%, max 379.9%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$190.00	Jul 31	Sep 4	79.8%	23.0%	246.6%	42	--
$187.50	Jul 31	Aug 28	66.8%	20.5%	226.3%	2	16
$187.00	Jul 31	Aug 28	62.4%	21.3%	192.6%	2	10
$180.00	Jul 31	Aug 28	56.9%	19.8%	187.5%	44	3
$186.00	Jul 31	Aug 21	56.7%	24.4%	132.3%	3	122

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$169.00	Jul 31	Aug 28	117.4%	24.5%	379.9%	5	7
$172.00	Jul 31	Sep 4	104.4%	28.0%	272.4%	30	--
$177.00	Jul 31	Aug 28	77.6%	23.0%	238.0%	7	43
$165.00	Jul 31	Sep 4	122.1%	37.6%	224.8%	68	26
$180.00	Jul 31	Aug 21	56.9%	19.9%	186.4%	360	4.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 42 found (best R:R 59.00, avg 4.51)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$190.00	$192.00	Jul 31	$0.11	$1.89	$0.11	17.18	$190.11
$184.00	$185.00	Aug 14	$0.17	$0.83	$0.17	4.88	$184.17
$190.00	$195.00	Aug 14	$1.11	$3.89	$1.11	3.50	$191.11
$184.00	$187.00	Aug 28	$0.74	$2.26	$0.74	3.05	$184.74
$187.00	$187.50	Aug 7	$0.13	$0.37	$0.13	2.85	$187.13

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$171.00	$165.00	Sep 4	$0.10	$5.90	$0.10	59.00	$170.90
$172.00	$169.00	Jul 31	$0.13	$2.87	$0.13	22.08	$171.87
$170.00	$165.00	Aug 21	$0.25	$4.75	$0.25	19.00	$169.75
$175.00	$173.00	Sep 4	$0.20	$1.80	$0.20	9.00	$174.80
$181.00	$180.00	Jul 31	$0.13	$0.87	$0.13	6.69	$180.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 51 found (best R:R 36.50, avg 2.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$175.00	$180.00	Jul 31	$4.72	$4.72	$0.28	16.86	$179.72
$157.50	$171.00	Jul 31	$12.15	$12.15	$1.35	9.00	$169.65
$165.00	$170.00	Aug 21	$4.50	$4.50	$0.50	9.00	$169.50
$182.50	$184.00	Aug 14	$1.28	$1.28	$0.22	5.82	$183.78
$181.00	$182.00	Aug 7	$0.78	$0.78	$0.22	3.55	$181.78

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$195.00	$187.50	Jul 31	$7.30	$7.30	$0.20	36.50	$187.70
$183.00	$182.00	Aug 7	$0.83	$0.83	$0.17	4.88	$182.17
$192.50	$182.50	Aug 14	$7.28	$7.28	$2.72	2.68	$185.22
$190.00	$182.00	Aug 21	$4.72	$4.72	$3.28	1.44	$185.28
$180.00	$179.00	Aug 7	$0.58	$0.58	$0.42	1.38	$179.42

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 27 found (avg debit $1.20, cheapest $0.08)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$186.00	Jul 31	Aug 7	$0.08	56.7%	31.1%
$187.00	Jul 31	Aug 7	$0.13	62.4%	34.6%
$174.00	Jul 31	Aug 7	$0.65	33.2%	49.8%
$181.00	Jul 31	Aug 7	$0.65	52.5%	27.7%
$182.50	Jul 31	Aug 7	$0.88	40.0%	23.9%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$177.00	Jul 31	Aug 21	$0.11	77.6%	23.9%
$160.00	Aug 7	Aug 21	$0.39	39.2%	33.1%
$176.00	Aug 7	Aug 21	$0.40	43.9%	26.7%
$180.00	Jul 31	Aug 7	$0.43	56.9%	35.0%
$182.50	Jul 31	Aug 14	$0.52	40.0%	20.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 25 found (cheapest 2.67% of stock, avg 4.88%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$182.50	Jul 31	$2.48	$2.40	$4.88	$177.62	$187.38	2.67%
$182.00	Jul 31	$2.40	$2.75	$5.15	$176.85	$187.15	2.82%
$183.00	Jul 31	$2.88	$2.88	$5.76	$177.24	$188.76	3.16%
$181.00	Jul 31	$3.58	$2.53	$6.11	$174.89	$187.11	3.35%
$180.00	Jul 31	$4.13	$2.40	$6.53	$173.47	$186.53	3.58%
$181.00	Aug 7	$4.23	$2.40	$6.63	$174.37	$187.63	3.63%
$182.50	Aug 14	$3.95	$2.92	$6.87	$175.63	$189.37	3.76%
$182.00	Aug 7	$3.45	$3.60	$7.05	$174.95	$189.05	3.86%
$183.00	Aug 7	$2.80	$4.43	$7.23	$175.77	$190.23	3.96%
$187.50	Jul 31	$2.51	$5.38	$7.89	$179.61	$195.39	4.32%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 113 found (cheapest 1.79% of stock, avg 3.00%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$187.50	$169.00	Aug 28	$2.40	$0.87	$3.27	$165.73	$190.77
$184.00	$182.50	Jul 31	$1.06	$2.40	$3.46	$179.04	$187.46
$184.00	$180.00	Jul 31	$1.06	$2.40	$3.46	$176.54	$187.46
$184.00	$181.00	Jul 31	$1.06	$2.53	$3.59	$177.41	$187.59
$184.00	$179.00	Jul 31	$1.06	$2.53	$3.59	$175.41	$187.59
$195.00	$178.00	Aug 14	$1.37	$2.22	$3.59	$174.41	$198.59
$187.00	$169.00	Aug 28	$2.73	$0.87	$3.60	$165.40	$190.60
$195.00	$170.00	Aug 14	$1.37	$2.34	$3.71	$166.29	$198.71
$184.00	$182.00	Jul 31	$1.06	$2.75	$3.81	$178.19	$187.81
$185.00	$179.00	Aug 7	$1.76	$2.25	$4.01	$174.99	$189.01

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 54 found (best R:R 32.33, avg credit $1.69)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
169/172	175/180	Jul 31	$4.85	$0.15	32.33	$167.15	$179.85
173/174	175/180	Aug 21	$4.61	$0.39	11.82	$169.39	$179.61
164/165	190/192	Jul 31	$1.83	$0.17	10.76	$163.17	$191.83
181/182	184/185	Jul 31	$0.87	$0.13	6.69	$181.13	$184.87
175/176	181/182	Aug 21	$0.87	$0.13	6.69	$175.13	$181.87
170/171	182/183	Aug 21	$0.86	$0.14	6.14	$170.14	$183.36
175/176	182/183	Aug 21	$0.82	$0.18	4.56	$175.18	$183.32
170/171	175/180	Aug 21	$4.04	$0.96	4.21	$166.96	$179.04
177/178	182/183	Aug 28	$0.80	$0.20	4.00	$177.20	$183.30
169/175	176/180	Aug 28	$4.76	$1.24	3.84	$170.24	$180.76

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 13 found (best R:R 13.29, cheapest $0.07)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$180.00	$181.00	$182.00	Aug 21	$0.07	$0.93	13.29
$174.00	$175.00	$176.00	Aug 7	$0.25	$0.75	3.00
$187.00	$187.50	$188.00	Aug 7	$0.26	$0.24	0.92
$182.00	$182.50	$183.00	Jul 31	$0.32	$0.18	0.56
$180.00	$181.00	$182.00	Aug 7	$0.77	$0.23	0.30

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$180.00	$181.00	$182.00	Jul 31	$0.09	$0.91	10.11
$176.00	$177.00	$178.00	Aug 21	$0.09	$0.91	10.11
$179.00	$180.00	$181.00	Jul 31	$0.26	$0.74	2.85
$173.00	$174.00	$175.00	Jul 31	$0.36	$0.64	1.78
$174.00	$175.00	$176.00	Aug 21	$0.72	$0.28	0.39

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 38 found (best net $-0.60, 25 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$157.50	$171.00	1:2	Jul 31	-$0.60	$12.90
$190.00	$195.00	1:2	Aug 14	-$0.26	$4.74
$185.00	$190.00	1:2	Sep 4	-$0.53	$4.47
$175.00	$180.00	1:2	Aug 21	-$2.22	$2.78
$185.00	$190.00	1:2	Aug 14	-$2.46	$2.54

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$160.00	$150.00	1:2	Aug 7	$0.00	$10.00
$170.00	$160.00	1:2	Aug 7	-$0.02	$9.98
$178.00	$170.00	1:2	Aug 14	-$2.46	$5.54
$170.00	$165.00	1:2	Aug 21	-$0.28	$4.72
$187.50	$183.00	1:2	Jul 31	-$0.38	$4.12

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 22 found (best yield 1.49%, avg 0.49%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$182.50	Aug 28	$2.71	0.52	0.0%	1.49%	1.49%	12	--
$183.00	Aug 28	$2.21	0.50	0.3%	1.21%	1.49%	2	--
$185.00	Sep 4	$2.06	0.44	1.4%	1.13%	2.50%	20	--
$183.00	Aug 21	$1.81	0.45	0.3%	0.99%	1.27%	15	99
$182.50	Aug 14	$1.60	0.55	0.0%	0.88%	0.88%	2	26
$184.00	Aug 21	$1.51	0.43	0.8%	0.83%	1.65%	3	--
$182.50	Aug 21	$1.46	0.47	0.0%	0.80%	0.81%	2	--
$184.00	Aug 28	$1.10	0.46	0.8%	0.60%	1.43%	2	--
$184.00	Jul 31	$0.92	0.40	0.8%	0.50%	1.33%	35	207
$182.50	Aug 7	$0.91	0.54	0.0%	0.50%	0.50%	9	23

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 2,425

Total Puts 2,189

Put/Call Ratio 0.90

Net Difference 236

Prior's Put/Call Breakdown

Total Calls 2,488

Total Puts 11,455

Put/Call Ratio 4.60

Net Difference -8,967

Prior 7-Day Put/Call Summary

Total Calls 27,008

Total Puts 47,715

Average Put/Call Ratio 1.98

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

🤖 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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