XLI - Options Database

XLI

State Street IndstrlSelSectSPDRETF

$182.44 -0.12%

(7/24 01:46) ◀

Monday, July 27, 2026 (3:05pm)

▶ (7/27 18:07)

◀ 7/27 15:07 ▶

Option Volume

Detail

ℹ

Current (07/27 3:05pm) 11,961

Calls: 1,526 (13%)

Puts: 10,435 (87%)

Prior (07/24) 7,625

Calls: 2,810 (37%)

Puts: 4,815 (63%)

Current vs Prior +56.87%

Calls: -45.69% (Calls)

Puts: +116.72% (Puts)

Prior 7-Day Total 151,946

Calls: 28,472 (19%)

Puts: 123,474 (81%)

Prior 7-Day Average 21,706

Calls: 4,067 (19%)

Puts: 17,639 (81%)

Current vs Prior 7-Day Avg -44.90%

Calls: -62.48%

Puts: -40.84%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/27 3:05pm) $4.62M

Calls: $754.0K (16%)

Puts: $3.87M (84%)

Prior (07/24) $1.89M

Calls: $985.6K (52%)

Puts: $903.8K (48%)

Current vs Prior +144.50%

Calls: -23.50%

Puts: +327.69%

Prior 7-Day Total $30.44M

Calls: $14.01M (46%)

Puts: $16.43M (54%)

Prior 7-Day Average $4.35M

Calls: $2.00M (46%)

Puts: $2.35M (54%)

Current vs Prior 7-Day Avg +6.24%

Calls: -62.32%

Puts: +64.69%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/27 3:05pm) 6.84

Prior (07/24) 1.71

Current vs Prior +299.07%

Prior 7-Day Average 1.84

Current vs Prior 7-Day Avg +272.27%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/27 3:05pm) 472,348

Calls: 107,892 (23%)

Puts: 364,456 (77%)

Prior (07/24) 176,373

Calls: 40,045 (23%)

Puts: 136,328 (77%)

Current vs Prior +167.81%

Prior 7-Day Total 3,431,833

Calls: 769,682 (22%)

Puts: 2,662,151 (78%)

Prior 7-Day Average 490,261

Calls: 109,954 (22%)

Puts: 380,307 (78%)

Current vs Prior 7-Day Avg -3.65%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 2.20% | 3.23%4.87% | 7.03%

Prior 2.64% | 3.40%5.08% | 7.32%

Current vs Prior -16.48% | -4.79%-4.22% | -3.93%

Prior 7-Day Avg 1.88% | 2.91%3.65% | 6.56%

Current vs 7-Day Avg +17.07% | +11.16%+33.50% | +7.18%

Prior 7-Day Eod 2.64% | 3.40%4.63% | 6.48%

Current vs 7-Day Eod -16.48% | -4.79%+5.09% | +8.58%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 16.54% | 10.93%

Calls: 18.87% | 12.54%

Puts: 14.21% | 9.32%

Prior 24.76% | 18.67%

Calls: 24.71% | 16.79%

Puts: 24.81% | 20.56%

Current vs Prior -33.20% | -41.46%

Prior 7-Day Avg 35.08% | 16.84%

Calls: 40.67% | 15.12%

Puts: 29.49% | 18.55%

Current vs 7-Day Avg -52.85% | -35.09%

Liquidity Expensive

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Strong bearish conviction with 84% of dollar volume in puts ($3.87M) vs calls ($754.0K). Massive premium surge with dollar volume up 144% vs prior. Above-average activity with volume up 57% vs prior. Extreme bearish P/C ratio of 6.84 - heavy put buying.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BEARISH

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
15:05	BEARISH	BEARISH	BEARISH
01:05	BULLISH	BEARISH	BEARISH

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💰 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

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Tightest Spreads

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Best Value <$1

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 33 of results (avg 7.7%, best 3.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$157.00	Jul 31	25.00	25.75	$25.38	3.0%	50	1.00	7
$157.50	Jul 31	24.50	25.45	$24.98	3.8%	50	1.00	7
$160.00	Jul 31	22.00	23.00	$22.50	4.4%	--	1.00	10
$150.00	Jul 31	31.20	32.90	$32.05	5.3%	--	1.00	30
$170.00	Aug 21	13.25	14.05	$13.65	5.9%	--	0.85	330

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$193.00	Aug 21	11.00	11.85	$11.43	7.4%	1	0.83	--
$195.00	Jul 31	12.20	13.15	$12.68	7.5%	1	0.98	6
$180.00	Aug 21	2.99	3.25	$3.12	8.3%	51	0.41	2.6K
$188.00	Aug 21	7.15	7.80	$7.48	8.7%	1	0.69	66
$187.00	Aug 21	6.45	7.05	$6.75	8.9%	--	0.66	12

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.64, cheapest $0.51)

CALLS (0)

No calls meet the criteria

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$177.50	Jul 31	0.47	0.55	$0.51	15.7%	7	0.17	2.8K
$179.00	Jul 31	0.70	0.83	$0.76	17.1%	8	0.25	5.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 68 found (avg delta 0.74, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$150.00	Jul 31	31.20	32.90	$32.05	5.3%	--	1.00	30
$157.00	Jul 31	25.00	25.75	$25.38	3.0%	50	1.00	7
$157.50	Jul 31	24.50	25.45	$24.98	3.8%	50	1.00	7
$160.00	Jul 31	22.00	23.00	$22.50	4.4%	--	1.00	10
$170.00	Jul 31	12.05	13.00	$12.53	7.6%	2	1.00	11

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Jul 31	12.20	13.15	$12.68	7.5%	1	0.98	6
$190.00	Jul 31	7.25	8.20	$7.73	12.3%	--	0.94	10
$189.00	Jul 31	6.50	7.25	$6.88	10.9%	--	0.92	10
$187.50	Jul 31	5.15	5.85	$5.50	12.7%	5	0.87	--
$192.50	Aug 14	10.10	11.20	$10.65	10.3%	1	0.86	--

Most actively traded options today. High liquidity = easy entry/exit. 159 active (total vol 4.5K, top 1.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$186.00	Aug 7	1.24	1.51	$1.38	19.6%	102	0.31	29
$157.00	Jul 31	25.00	25.75	$25.38	3.0%	50	1.00	7
$157.50	Jul 31	24.50	25.45	$24.98	3.8%	50	1.00	7
$178.00	Jul 31	4.65	5.20	$4.93	11.2%	42	0.80	88
$190.00	Aug 21	1.34	1.61	$1.48	18.2%	41	0.24	905

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$175.00	Aug 21	1.61	1.86	$1.74	14.4%	1.7K	0.25	1.6K
$180.00	Jul 31	0.84	1.10	$0.97	26.8%	752	0.31	1.2K
$171.00	Aug 7	0.34	0.51	$0.43	39.5%	426	0.10	21
$176.00	Aug 7	0.65	0.96	$0.81	38.3%	164	0.19	620
$178.00	Jul 31	0.54	0.66	$0.60	20.0%	71	0.20	72

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 62 strikes (avg 28.6%, max 104.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$196.00	Jul 31	Aug 21	34.1%	22.6%	50.8%	--	129
$170.00	Jul 31	Aug 28	34.9%	25.3%	38.0%	2	21
$195.00	Jul 31	Sep 4	31.6%	23.0%	37.4%	5	98
$194.00	Jul 31	Aug 21	30.4%	22.4%	35.8%	--	174
$205.00	Aug 7	Aug 28	32.4%	23.9%	35.6%	1	40

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$150.00	Jul 31	Aug 21	77.0%	37.7%	104.4%	--	166
$155.00	Jul 31	Aug 28	65.3%	33.0%	97.8%	1	21
$160.00	Jul 31	Aug 21	54.8%	31.1%	76.1%	40	438
$161.00	Jul 31	Aug 21	50.5%	30.1%	67.8%	16	2.1K
$162.00	Jul 31	Aug 21	50.2%	29.9%	67.8%	28	39

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 119 found (best R:R 61.50, avg 4.75)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$200.00	$205.00	Aug 21	$0.16	$4.84	$0.16	30.25	$200.16
$190.00	$202.50	Aug 7	$0.46	$12.04	$0.46	26.17	$190.46
$195.00	$205.00	Aug 28	$0.66	$9.34	$0.66	14.15	$195.66
$191.00	$193.00	Aug 14	$0.25	$1.75	$0.25	7.00	$191.25
$189.00	$190.00	Aug 7	$0.13	$0.87	$0.13	6.69	$189.13

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$165.00	$155.00	Aug 14	$0.16	$9.84	$0.16	61.50	$164.84
$155.00	$150.00	Aug 21	$0.10	$4.90	$0.10	49.00	$154.90
$165.00	$155.00	Aug 28	$0.35	$9.65	$0.35	27.57	$164.65
$169.00	$166.00	Aug 7	$0.13	$2.87	$0.13	22.08	$168.87
$167.50	$165.00	Aug 14	$0.13	$2.37	$0.13	18.23	$167.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 152 found (best R:R 20.21, avg 1.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$150.00	$157.00	Jul 31	$6.67	$6.67	$0.33	20.21	$156.67
$179.00	$180.00	Jul 31	$0.90	$0.90	$0.10	9.00	$179.90
$175.00	$177.00	Jul 31	$1.78	$1.78	$0.22	8.09	$176.78
$177.00	$178.00	Jul 31	$0.87	$0.87	$0.13	6.69	$177.87
$172.00	$173.00	Aug 21	$0.85	$0.85	$0.15	5.67	$172.85

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$189.00	$187.50	Jul 31	$1.38	$1.38	$0.12	11.50	$187.62
$190.00	$189.00	Jul 31	$0.85	$0.85	$0.15	5.67	$189.15
$188.00	$186.00	Aug 7	$1.65	$1.65	$0.35	4.71	$186.35
$193.00	$189.00	Aug 21	$3.25	$3.25	$0.75	4.33	$189.75
$187.00	$184.00	Jul 31	$2.37	$2.37	$0.63	3.76	$184.63

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 65 found (avg debit $0.80, cheapest $0.06)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$205.00	Aug 7	Aug 21	$0.06	32.4%	23.8%
$170.00	Jul 31	Aug 7	$0.37	34.9%	29.2%
$190.00	Jul 31	Aug 7	$0.43	24.6%	22.4%
$189.00	Jul 31	Aug 7	$0.52	23.9%	22.1%
$193.00	Jul 31	Aug 14	$0.52	28.7%	22.7%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$150.00	Jul 31	Aug 7	$0.06	77.0%	53.6%
$155.00	Jul 31	Aug 14	$0.14	65.3%	39.1%
$170.00	Jul 31	Aug 7	$0.27	34.9%	29.2%
$160.00	Jul 31	Aug 21	$0.29	54.8%	31.1%
$165.00	Jul 31	Aug 14	$0.29	44.7%	29.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 61 found (cheapest 2.02% of stock, avg 5.32%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$183.00	Jul 31	$1.55	$2.14	$3.69	$179.31	$186.69	2.02%
$182.50	Jul 31	$1.80	$1.90	$3.70	$178.80	$186.20	2.03%
$184.00	Jul 31	$1.10	$2.66	$3.76	$180.24	$187.76	2.06%
$182.00	Jul 31	$2.12	$1.66	$3.78	$178.22	$185.78	2.07%
$181.00	Jul 31	$2.72	$1.27	$3.99	$177.01	$184.99	2.19%
$180.00	Jul 31	$3.40	$0.97	$4.37	$175.63	$184.37	2.40%
$179.00	Jul 31	$4.30	$0.76	$5.06	$173.94	$184.06	2.77%
$187.00	Jul 31	$0.35	$5.03	$5.38	$181.62	$192.38	2.95%
$183.00	Aug 7	$2.57	$2.94	$5.51	$177.49	$188.51	3.02%
$178.00	Jul 31	$4.93	$0.60	$5.53	$172.47	$183.53	3.03%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 134 found (cheapest 0.62% of stock, avg 2.54%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$186.00	$178.00	Jul 31	$0.53	$0.60	$1.13	$176.87	$187.13
$186.00	$179.00	Jul 31	$0.53	$0.76	$1.29	$177.71	$187.29
$185.00	$178.00	Jul 31	$0.77	$0.60	$1.37	$176.63	$186.37
$186.00	$180.00	Jul 31	$0.53	$0.97	$1.50	$178.50	$187.50
$185.00	$179.00	Jul 31	$0.77	$0.76	$1.53	$177.47	$186.53
$184.00	$178.00	Jul 31	$1.10	$0.60	$1.70	$176.30	$185.70
$185.00	$180.00	Jul 31	$0.77	$0.97	$1.74	$178.26	$186.74
$186.00	$181.00	Jul 31	$0.53	$1.27	$1.80	$179.20	$187.80
$184.00	$179.00	Jul 31	$1.10	$0.76	$1.86	$177.14	$185.86
$185.00	$181.00	Jul 31	$0.77	$1.27	$2.04	$178.96	$187.04

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 252 found (best R:R 9.53, avg credit $1.11)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
176/178	180/182	Aug 14	$1.81	$0.19	9.53	$176.19	$181.81
181/182	184/185	Aug 7	$0.90	$0.10	9.00	$181.10	$184.90
173/174	176/177	Aug 21	$0.90	$0.10	9.00	$173.10	$176.90
179/180	181/182	Aug 7	$0.89	$0.11	8.09	$179.11	$181.89
178/179	180/181	Aug 7	$0.88	$0.12	7.33	$178.12	$180.88
176/177	179/180	Aug 7	$0.87	$0.13	6.69	$176.13	$179.87
172/173	178/179	Aug 21	$0.87	$0.13	6.69	$172.13	$178.87
176/177	179/180	Aug 21	$0.87	$0.13	6.69	$176.13	$179.87
175/177	181/183	Aug 28	$1.73	$0.27	6.41	$175.27	$182.73
171/172	172/175	Sep 4	$2.16	$0.34	6.35	$169.84	$174.66

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 44 found (best R:R 34.71, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$181.00	$183.00	$185.00	Aug 28	$0.06	$1.94	32.33
$189.00	$191.00	$193.00	Aug 14	$0.08	$1.92	24.00
$185.00	$186.00	$187.00	Aug 14	$0.05	$0.95	19.00
$185.00	$186.00	$187.00	Jul 31	$0.06	$0.94	15.67
$184.00	$185.00	$186.00	Aug 14	$0.06	$0.94	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$165.00	$167.50	$170.00	Aug 14	$0.07	$2.43	34.71
$184.00	$185.00	$186.00	Aug 21	$0.05	$0.95	19.00
$185.00	$186.00	$187.00	Aug 21	$0.05	$0.95	19.00
$175.00	$176.00	$177.00	Aug 7	$0.06	$0.94	15.67
$174.00	$175.00	$176.00	Aug 21	$0.08	$0.92	11.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 112 found (best net $-0.04, 101 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$160.00	$170.00	1:2	Jul 31	-$2.56	$7.44
$191.00	$195.00	1:2	Aug 28	-$0.23	$3.77
$202.50	$205.00	1:2	Aug 7	-$0.07	$2.43
$187.00	$189.00	1:2	Aug 7	-$0.29	$1.71
$191.00	$193.00	1:2	Aug 14	-$0.34	$1.66

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$166.00	$150.00	1:2	Aug 7	-$0.04	$15.96
$165.00	$155.00	1:2	Aug 14	-$0.02	$9.98
$155.00	$150.00	1:2	Jul 31	-$0.04	$4.96
$155.00	$150.00	1:2	Aug 21	-$0.05	$4.95
$160.00	$155.00	1:2	Aug 21	-$0.17	$4.83

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 57 found (best yield 2.36%, avg 0.87%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$183.00	Aug 28	$4.30	0.49	0.3%	2.36%	2.66%	1	--
$182.50	Aug 21	$4.10	0.50	0.0%	2.25%	2.28%	7	15
$185.00	Sep 4	$3.85	0.43	1.4%	2.11%	3.51%	2	1
$183.00	Aug 21	$3.80	0.48	0.3%	2.08%	2.39%	--	99
$182.50	Aug 14	$3.35	0.49	0.0%	1.84%	1.87%	10	16
$184.00	Aug 21	$3.35	0.45	0.9%	1.84%	2.69%	1	634
$185.00	Aug 28	$3.30	0.42	1.4%	1.81%	3.21%	1	6
$183.00	Aug 14	$3.10	0.47	0.3%	1.70%	2.01%	7	51
$185.00	Aug 21	$2.92	0.41	1.4%	1.60%	3.00%	2	888
$187.50	Sep 4	$2.83	0.36	2.8%	1.55%	4.32%	2	--

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 1,526

Total Puts 10,435

Put/Call Ratio 6.84

Net Difference -8,909

Prior's Put/Call Breakdown

Total Calls 2,810

Total Puts 4,815

Put/Call Ratio 1.71

Net Difference -2,005

Prior 7-Day Put/Call Summary

Total Calls 28,472

Total Puts 123,474

Average Put/Call Ratio 1.84

Ratio Trend Rising

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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