XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$194.83 +2.88%

(9/21 15:50) ◀

Monday, September 21, 2026 (3:55pm)

▶ (9/21 16:00)

◀ 9/21 15:55 ▶

Option Volume

Detail

ℹ

Current (09/21 3:55pm) 64,613

Calls: 19,968 (31%)

Puts: 44,645 (69%)

Prior (09/18) 26,604

Calls: 18,824 (71%)

Puts: 7,780 (29%)

Current vs Prior +142.87%

Calls: +6.08% (Calls)

Puts: +473.84% (Puts)

Prior 7-Day Total 203,102

Calls: 99,695 (49%)

Puts: 103,407 (51%)

Prior 7-Day Average 29,014

Calls: 14,242 (49%)

Puts: 14,772 (51%)

Current vs Prior 7-Day Avg +122.69%

Calls: +40.20%

Puts: +202.22%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/21 3:55pm) $15.79M

Calls: $12.92M (82%)

Puts: $2.87M (18%)

Prior (09/18) $28.05M

Calls: $26.15M (93%)

Puts: $1.90M (7%)

Current vs Prior -43.70%

Calls: -50.58%

Puts: +51.05%

Prior 7-Day Total $211.05M

Calls: $173.72M (82%)

Puts: $37.33M (18%)

Prior 7-Day Average $30.15M

Calls: $24.82M (82%)

Puts: $5.33M (18%)

Current vs Prior 7-Day Avg -47.61%

Calls: -47.92%

Puts: -46.17%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/21 3:55pm) 2.24

Prior (09/18) 0.41

Current vs Prior +440.97%

Prior 7-Day Average 1.11

Current vs Prior 7-Day Avg +101.11%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/21 3:55pm) 657,948

Calls: 240,609 (37%)

Puts: 417,339 (63%)

Prior (09/18) 840,214

Calls: 294,433 (35%)

Puts: 545,781 (65%)

Current vs Prior -21.69%

Prior 7-Day Total 5,624,491

Calls: 1,972,236 (35%)

Puts: 3,652,255 (65%)

Prior 7-Day Average 803,498

Calls: 281,748 (35%)

Puts: 521,750 (65%)

Current vs Prior 7-Day Avg -18.11%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 2.18% | 3.41%5.09% | 8.18%

Prior 2.46% | 3.54%1.33% | 4.96%

Current vs Prior -11.64% | -3.55%+283.09% | +64.74%

Prior 7-Day Avg 2.21% | 3.61%2.34% | 6.00%

Current vs 7-Day Avg -1.41% | -5.48%+117.79% | +36.37%

Prior 7-Day Eod 2.46% | 3.54%1.33% | 4.96%

Current vs 7-Day Eod -11.64% | -3.55%+283.09% | +64.74%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 18.34% | 17.44%

Calls: 16.38% | 10.81%

Puts: 20.31% | 24.07%

Prior 154.31% | 122.18%

Calls: 195.19% | 150.00%

Puts: 113.43% | 94.36%

Current vs Prior -88.11% | -85.73%

Prior 7-Day Avg 79.17% | 58.08%

Calls: 85.26% | 60.34%

Puts: 73.08% | 55.82%

Current vs 7-Day Avg -76.84% | -69.97%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($12.92M) vs puts ($2.87M). Unusually high activity with volume up 143% vs prior - elevated interest. Volume explosion - 123% above 7-day average (64,613 vs avg 29,014). Extreme bearish P/C ratio of 2.24 - heavy put buying.

Smart Money BULLISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BEARISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

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
15:55	BULLISH	BEARISH	BEARISH
15:50	BULLISH	BEARISH	BEARISH
15:45	BULLISH	BEARISH	BEARISH
15:40	BULLISH	BULLISH	BULLISH
15:35	BULLISH	BULLISH	BULLISH

📈 Options Analysis

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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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High Delta

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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 46 of results (avg 7.3%, best 1.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Oct 2	15.30	15.55	$15.43	1.6%	4	0.95	12
$185.00	Oct 2	10.55	10.95	$10.75	3.7%	3	0.87	179
$175.00	Sep 25	19.50	20.30	$19.90	4.0%	--	1.00	75
$160.00	Oct 16	34.55	36.00	$35.28	4.1%	4	0.97	30
$182.00	Oct 16	14.10	14.70	$14.40	4.2%	4	0.85	54

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$205.00	Oct 16	10.60	11.20	$10.90	5.5%	3	0.81	3
$210.00	Oct 16	15.00	15.95	$15.48	6.1%	--	0.90	10
$200.00	Oct 16	7.00	7.50	$7.25	6.9%	3	0.66	164

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.70, cheapest $0.28)

CALLS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Sep 25	0.25	0.30	$0.28	17.9%	190	0.13	485

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Oct 16	0.89	1.03	$0.96	14.6%	104	0.13	1.6K
$179.00	Oct 16	0.77	0.93	$0.85	18.8%	8	0.11	108

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 131 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$162.00	Sep 25	31.30	34.20	$32.75	8.9%	52	1.00	--
$162.50	Sep 25	30.70	33.70	$32.20	9.3%	67	1.00	--
$163.00	Sep 25	30.00	32.80	$31.40	8.9%	29	1.00	--
$164.00	Sep 25	30.25	31.85	$31.05	5.2%	15	1.00	--
$165.00	Sep 25	28.10	30.65	$29.38	8.7%	10	1.00	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$207.50	Oct 2	12.35	14.15	$13.25	13.6%	--	0.96	11
$205.00	Oct 2	9.15	11.10	$10.13	19.2%	--	0.93	10
$210.00	Oct 16	15.00	15.95	$15.48	6.1%	--	0.90	10
$200.00	Sep 25	5.05	5.85	$5.45	14.7%	1	0.87	14
$205.00	Oct 16	10.60	11.20	$10.90	5.5%	3	0.81	3

Most actively traded options today. High liquidity = easy entry/exit. 321 active (total vol 29.4K, top 4.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Oct 16	2.48	2.86	$2.67	14.2%	4.6K	0.34	1.6K
$195.00	Oct 16	4.75	5.30	$5.03	10.9%	2.5K	0.51	2.5K
$210.00	Oct 16	0.35	0.60	$0.48	52.1%	601	0.10	183
$195.00	Oct 9	3.65	4.40	$4.03	18.6%	520	0.51	269
$195.00	Sep 25	1.71	1.95	$1.83	13.1%	479	0.49	592

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$178.00	Sep 25	0.03	0.12	$0.08	112.5%	1.7K	0.01	615
$190.00	Sep 25	0.39	0.73	$0.56	60.7%	1.5K	0.17	19
$193.00	Oct 16	3.45	4.10	$3.78	17.2%	1.3K	0.42	556
$165.00	Oct 16	0.25	0.43	$0.34	52.9%	1.3K	0.04	5.1K
$172.00	Oct 23	0.58	0.73	$0.66	22.7%	1.0K	0.08	18

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 6.8%, max 8.9%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$195.00	Sep 25	Oct 30	23.7%	21.7%	8.9%	519	621
$191.00	Sep 25	Oct 30	25.4%	23.6%	7.5%	54	433
$190.00	Sep 25	Oct 30	25.7%	24.0%	6.8%	53	1.7K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$191.00	Sep 25	Oct 30	25.4%	23.6%	7.6%	65	130
$190.00	Sep 25	Oct 30	25.7%	24.0%	6.9%	1.5K	20
$192.00	Sep 25	Oct 23	23.3%	22.6%	2.9%	98	12

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 167 found (best R:R 1.86, avg 4.90)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$163.00	$164.00	Sep 25	$0.35	$0.65	$0.35	100%	1.86	$163.35
$188.00	$189.00	Oct 9	$0.13	$0.87	$0.13	75%	6.69	$188.13
$184.00	$185.00	Oct 2	$0.38	$0.62	$0.38	89%	1.63	$184.38
$184.00	$185.00	Oct 30	$0.28	$0.72	$0.28	77%	2.57	$184.28
$181.00	$182.00	Oct 16	$0.38	$0.62	$0.38	86%	1.63	$181.38

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$192.00	$190.00	Oct 23	$0.45	$1.55	$0.45	40%	3.44	$191.55
$194.00	$193.00	Oct 16	$0.17	$0.83	$0.17	45%	4.88	$193.83
$190.00	$189.00	Oct 30	$0.16	$0.84	$0.16	35%	5.25	$189.84
$195.00	$194.00	Oct 2	$0.29	$0.71	$0.29	50%	2.45	$194.71
$192.00	$191.00	Oct 16	$0.20	$0.80	$0.20	39%	4.00	$191.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 127 found (best R:R 1.00, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$200.00	$202.50	Oct 30	$1.25	$1.25	$1.25	61%	1.00	$201.25
$198.00	$199.00	Oct 30	$0.68	$0.68	$0.32	56%	2.13	$198.68
$200.00	$202.50	Oct 23	$1.05	$1.05	$1.45	63%	0.72	$201.05
$196.00	$197.00	Oct 23	$0.69	$0.69	$0.31	52%	2.23	$196.69
$195.00	$196.00	Oct 16	$0.70	$0.70	$0.30	49%	2.33	$195.70

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$189.00	$188.00	Oct 16	$0.50	$0.50	$0.50	69%	1.00	$188.50
$188.00	$187.00	Oct 23	$0.46	$0.46	$0.54	70%	0.85	$187.54
$190.00	$189.00	Sep 25	$0.28	$0.28	$0.72	83%	0.39	$189.72
$177.00	$175.00	Oct 30	$0.35	$0.35	$1.65	86%	0.21	$176.65
$193.00	$192.50	Sep 25	$0.27	$0.27	$0.23	66%	1.17	$192.73

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 11 found (avg debit $1.36, cheapest $1.32)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.32	23.7%	21.7%
$197.00	Sep 25	Oct 2	$1.13	22.2%	21.8%
$196.00	Sep 25	Oct 2	$1.24	22.8%	22.6%
$193.00	Sep 25	Oct 2	$0.73	23.5%	23.8%
$194.00	Sep 25	Oct 2	$1.38	22.2%	23.2%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.03	23.6%	21.7%
$193.00	Sep 25	Oct 2	$1.18	23.6%	23.8%
$194.00	Sep 25	Oct 2	$1.20	22.3%	23.1%
$192.50	Sep 25	Oct 2	$1.23	22.8%	23.6%
$196.00	Sep 25	Oct 30	$3.59	22.8%	24.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 99 found (cheapest 1.92% of stock, avg 5.68%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$195.00	Sep 25	$1.83	$1.92	$3.75	$191.25	$198.75	1.92%
$194.00	Sep 25	$2.32	$1.46	$3.78	$190.22	$197.78	1.94%
$196.00	Sep 25	$1.35	$2.54	$3.89	$192.11	$199.89	2.00%
$192.50	Sep 25	$3.55	$0.86	$4.41	$188.09	$196.91	2.26%
$193.00	Sep 25	$3.32	$1.13	$4.45	$188.55	$197.45	2.28%
$192.00	Sep 25	$3.78	$0.79	$4.57	$187.43	$196.57	2.35%
$191.00	Sep 25	$4.63	$0.68	$5.31	$185.69	$196.31	2.73%
$200.00	Sep 25	$0.28	$5.45	$5.73	$194.27	$205.73	2.94%
$190.00	Sep 25	$5.20	$0.56	$5.76	$184.24	$195.76	2.96%
$195.00	Oct 2	$3.15	$2.95	$6.10	$188.90	$201.10	3.13%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.64% of stock, avg 3.05%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$198.00	$191.00	Sep 25	$0.56	$0.68	$1.24	$189.76	$199.24
$198.00	$192.00	Sep 25	$0.56	$0.79	$1.35	$190.65	$199.35
$198.00	$192.50	Sep 25	$0.56	$0.86	$1.42	$191.08	$199.42
$197.50	$191.00	Sep 25	$0.82	$0.68	$1.50	$189.50	$199.00
$197.50	$192.00	Sep 25	$0.82	$0.79	$1.61	$190.39	$199.11
$197.50	$192.50	Sep 25	$0.82	$0.86	$1.68	$190.82	$199.18
$197.00	$191.00	Sep 25	$0.95	$0.68	$1.63	$189.37	$198.63
$197.00	$192.00	Sep 25	$0.95	$0.79	$1.74	$190.26	$198.74
$197.00	$192.50	Sep 25	$0.95	$0.86	$1.81	$190.69	$198.81
$198.00	$193.00	Sep 25	$0.56	$1.13	$1.69	$191.31	$199.69

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 206 found (best R:R 2.57, avg credit $0.60)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
168/168	198/198	Sep 25	$0.36	$0.14	70%	2.57	$167.64	$197.86
182/182	198/198	Sep 25	$0.38	$0.12	66%	3.17	$182.12	$197.88
188/188	198/198	Sep 25	$0.38	$0.12	62%	3.17	$187.62	$197.88
185/186	199/200	Oct 9	$0.63	$0.37	46%	1.70	$185.37	$199.63
170/171	199/200	Oct 9	$0.47	$0.53	61%	0.89	$170.53	$199.47
189/190	198/198	Sep 25	$0.54	$0.46	54%	1.17	$189.46	$198.04
192/193	197/198	Sep 25	$0.40	$0.10	33%	4.00	$192.60	$197.40
168/168	197/198	Sep 25	$0.23	$0.27	67%	0.85	$167.77	$197.23
182/182	197/198	Sep 25	$0.25	$0.25	63%	1.00	$182.25	$197.25
189/190	199/200	Sep 25	$0.40	$0.60	66%	0.67	$189.60	$199.40

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 88 found (best R:R 6.35, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$205.00	$207.50	$210.00	Oct 30	$0.07	$2.43	11%	34.71
$202.50	$205.00	$207.50	Oct 30	$0.13	$2.37	11%	18.23
$195.00	$196.00	$197.00	Sep 25	$0.08	$0.92	17%	11.50
$200.00	$202.50	$205.00	Oct 9	$0.20	$2.30	16%	11.50
$195.00	$196.00	$197.00	Oct 2	$0.05	$0.95	11%	19.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$195.00	$200.00	$205.00	Oct 2	$0.68	$4.32	43%	6.35
$188.00	$189.00	$190.00	Oct 9	$0.06	$0.94	6%	15.67
$180.00	$181.00	$182.00	Oct 2	$0.05	$0.95	3%	19.00
$193.00	$194.00	$195.00	Sep 25	$0.13	$0.87	16%	6.69
$172.00	$173.00	$174.00	Oct 16	$0.05	$0.95	2%	19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 137 found (best net $-2.27, 124 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$202.50	$205.00	1:2	Oct 9	-$0.24	$2.26
$215.00	$220.00	1:2	Oct 16	-$0.01	$4.99
$200.00	$202.50	1:2	Oct 9	-$0.48	$2.02
$205.00	$207.50	1:2	Oct 2	-$0.02	$2.48
$205.00	$207.50	1:2	Oct 16	-$0.34	$2.16

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$205.00	$200.00	1:2	Oct 2	-$2.27	$2.73
$205.00	$200.00	1:2	Oct 16	-$3.60	$1.40
$190.00	$189.00	1:2	Sep 25	$0.00	$1.00
$165.00	$160.00	1:2	Oct 23	-$0.03	$4.97
$165.00	$160.00	1:2	Oct 16	-$0.06	$4.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 53 found (best yield 3.16%, avg 1.16%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$195.00	Oct 30	$6.15	0.52	0.1%	3.16%	3.24%	40	29
$196.00	Oct 30	$5.40	0.49	0.6%	2.77%	3.37%	3	12
$197.50	Oct 30	$4.60	0.46	1.4%	2.36%	3.73%	3	21
$198.00	Oct 30	$4.15	0.44	1.6%	2.13%	3.76%	4	34
$199.00	Oct 30	$3.80	0.42	2.1%	1.95%	4.09%	4	12
$200.00	Oct 30	$3.35	0.39	2.6%	1.72%	4.37%	34	47
$195.00	Oct 23	$5.20	0.51	0.1%	2.67%	2.76%	5	129
$197.00	Oct 30	$4.10	0.47	1.1%	2.10%	3.22%	9	11
$202.50	Oct 30	$2.66	0.32	3.9%	1.37%	5.30%	18	26
$196.00	Oct 23	$4.50	0.48	0.6%	2.31%	2.91%	6	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 19,968

Total Puts 44,645

Put/Call Ratio 2.24

Net Difference -24,677

Prior's Put/Call Breakdown

Total Calls 18,824

Total Puts 7,780

Put/Call Ratio 0.41

Net Difference 11,044

Prior 7-Day Put/Call Summary

Total Calls 99,695

Total Puts 103,407

Average Put/Call Ratio 1.11

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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