XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$194.84 +2.88%

$194.85 (+0.01%)🌙

as of 09/21 04:00 PM

(9/21 15:55) ◀

Monday, September 21, 2026 (4:00pm)

▶ (9/21 16:10)

◀ 9/21 16:00 ▶

Option Volume

Detail

ℹ

Current (09/21 4:00pm) 64,920

Calls: 20,109 (31%)

Puts: 44,811 (69%)

Prior (09/18) 27,371

Calls: 19,492 (71%)

Puts: 7,879 (29%)

Current vs Prior +137.19%

Calls: +3.17% (Calls)

Puts: +468.74% (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 +123.75%

Calls: +41.19%

Puts: +203.34%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/21 4:00pm) $15.78M

Calls: $12.93M (82%)

Puts: $2.85M (18%)

Prior (09/18) $28.44M

Calls: $26.57M (93%)

Puts: $1.87M (7%)

Current vs Prior -44.51%

Calls: -51.35%

Puts: +52.67%

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 -47.66%

Calls: -47.91%

Puts: -46.46%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/21 4:00pm) 2.23

Prior (09/18) 0.40

Current vs Prior +451.29%

Prior 7-Day Average 1.11

Current vs Prior 7-Day Avg +100.44%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/21 4:00pm) 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 2.22% | 3.42%5.06% | 8.17%

Prior 2.46% | 3.54%1.33% | 4.96%

Current vs Prior -9.98% | -3.27%+280.36% | +64.53%

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

Current vs 7-Day Avg +0.44% | -5.20%+116.25% | +36.19%

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

Current vs 7-Day Eod -9.98% | -3.27%+280.36% | +64.53%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 21.20% | 16.74%

Calls: 23.97% | 9.41%

Puts: 18.42% | 24.07%

Prior 154.31% | 122.18%

Calls: 195.19% | 150.00%

Puts: 113.43% | 94.36%

Current vs Prior -86.26% | -86.30%

Prior 7-Day Avg 79.17% | 58.08%

Calls: 85.26% | 60.34%

Puts: 73.08% | 55.82%

Current vs 7-Day Avg -73.22% | -71.18%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($12.93M) vs puts ($2.85M). Unusually high activity with volume up 137% vs prior - elevated interest. Volume explosion - 124% above 7-day average (64,920 vs avg 29,014). Extreme bearish P/C ratio of 2.23 - 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
16:00	BULLISH	BEARISH	BEARISH
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

🎯 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 46 of results (avg 7.6%, best 4.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 16	34.55	36.00	$35.28	4.1%	4	1.00	30
$175.00	Sep 25	19.50	20.35	$19.93	4.3%	--	0.99	75
$164.00	Sep 25	30.25	31.85	$31.05	5.2%	15	1.00	--
$186.00	Oct 16	10.80	11.40	$11.10	5.4%	8	0.77	563
$185.00	Oct 16	11.65	12.30	$11.98	5.4%	14	0.79	3.9K

PUTS (4)

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%	--	0.91	10
$200.00	Oct 16	7.00	7.50	$7.25	6.9%	4	0.66	164
$195.00	Oct 23	4.85	5.35	$5.10	9.8%	1	0.49	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.96, cheapest $0.96)

CALLS (0)

No calls meet the criteria

PUTS (1)

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

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
$160.00	Oct 16	34.55	36.00	$35.28	4.1%	4	1.00	30
$162.50	Sep 25	31.15	33.70	$32.42	7.9%	69	1.00	--
$163.00	Sep 25	30.65	32.80	$31.73	6.8%	29	1.00	--
$164.00	Sep 25	30.25	31.85	$31.05	5.2%	15	1.00	--
$162.00	Sep 25	31.65	34.20	$32.92	7.7%	54	0.99	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$207.50	Oct 2	12.35	14.15	$13.25	13.6%	--	0.95	11
$210.00	Oct 16	15.00	15.95	$15.48	6.1%	--	0.91	10
$205.00	Oct 2	9.15	11.10	$10.13	19.2%	--	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. 322 active (total vol 29.7K, top 4.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Oct 16	2.38	2.71	$2.55	12.9%	4.7K	0.34	1.6K
$195.00	Oct 16	4.70	5.05	$4.88	7.2%	2.5K	0.50	2.5K
$210.00	Oct 16	0.35	0.60	$0.48	52.1%	601	0.10	183
$195.00	Oct 9	3.75	4.40	$4.08	15.9%	522	0.51	269
$195.00	Sep 25	1.71	2.00	$1.86	15.6%	479	0.49	592

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$178.00	Sep 25	0.03	0.06	$0.05	60.0%	1.8K	0.01	615
$190.00	Sep 25	0.40	0.70	$0.55	54.5%	1.5K	0.18	19
$193.00	Oct 16	3.45	4.05	$3.75	16.0%	1.3K	0.43	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. 9 strikes (avg 7.1%, max 14.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$190.00	Sep 25	Oct 30	27.0%	23.6%	14.4%	53	1.7K
$195.00	Sep 25	Oct 30	23.5%	21.7%	8.3%	519	621
$191.00	Sep 25	Oct 30	25.4%	23.6%	7.6%	56	433
$193.00	Sep 25	Oct 30	23.6%	23.0%	2.8%	37	67
$194.00	Sep 25	Oct 30	22.7%	22.2%	2.2%	136	136

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$190.00	Sep 25	Oct 30	27.0%	23.6%	14.4%	1.5K	20
$191.00	Sep 25	Oct 30	25.4%	23.6%	7.6%	65	130
$192.00	Sep 25	Oct 23	23.7%	22.2%	6.8%	98	12

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 168 found (best R:R 6.69, avg 4.73)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$188.00	$189.00	Oct 9	$0.13	$0.87	$0.13	75%	6.69	$188.13
$181.00	$182.00	Oct 16	$0.28	$0.72	$0.28	86%	2.57	$181.28
$177.00	$178.00	Oct 16	$0.43	$0.57	$0.43	89%	1.33	$177.43
$173.00	$174.00	Oct 16	$0.47	$0.53	$0.47	92%	1.13	$173.47
$197.00	$199.00	Oct 23	$0.38	$1.62	$0.38	45%	4.26	$197.38

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	$0.18	$0.82	$0.18	46%	4.56	$193.82
$190.00	$189.00	Oct 30	$0.16	$0.84	$0.16	35%	5.25	$189.84
$192.00	$191.00	Oct 16	$0.20	$0.80	$0.20	39%	4.00	$191.80
$194.00	$193.00	Oct 30	$0.28	$0.72	$0.28	45%	2.57	$193.72

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 125 found (best R:R 1.03, avg 0.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$200.00	$202.50	Oct 30	$1.27	$1.27	$1.23	60%	1.03	$201.27
$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
$196.00	$197.00	Oct 16	$0.66	$0.66	$0.34	53%	1.94	$196.66
$199.00	$200.00	Oct 16	$0.55	$0.55	$0.45	62%	1.22	$199.55

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	$0.27	$0.27	$0.73	82%	0.37	$189.73
$193.00	$192.50	Sep 25	$0.28	$0.28	$0.22	66%	1.27	$192.72
$182.50	$182.00	Sep 25	$0.12	$0.12	$0.38	95%	0.32	$182.38

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $1.38, cheapest $1.05)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.20	23.5%	21.4%
$193.00	Sep 25	Oct 2	$0.73	23.6%	22.7%
$194.00	Sep 25	Oct 2	$1.30	22.7%	22.0%
$197.00	Sep 25	Oct 2	$1.13	22.1%	22.3%
$196.00	Sep 25	Oct 2	$1.24	22.7%	23.0%

PUTS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.05	23.5%	21.4%
$193.00	Sep 25	Oct 2	$1.08	23.6%	22.7%
$194.00	Sep 25	Oct 2	$1.11	22.7%	22.0%
$196.00	Sep 25	Oct 30	$3.59	22.7%	25.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 100 found (cheapest 1.93% of stock, avg 5.68%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$195.00	Sep 25	$1.86	$1.90	$3.76	$191.24	$198.76	1.93%
$194.00	Sep 25	$2.42	$1.44	$3.86	$190.14	$197.86	1.98%
$196.00	Sep 25	$1.35	$2.54	$3.89	$192.11	$199.89	2.00%
$192.50	Sep 25	$3.58	$0.84	$4.42	$188.08	$196.92	2.27%
$193.00	Sep 25	$3.32	$1.12	$4.44	$188.56	$197.44	2.28%
$192.00	Sep 25	$3.90	$0.81	$4.71	$187.29	$196.71	2.42%
$191.00	Sep 25	$4.58	$0.67	$5.25	$185.75	$196.25	2.69%
$190.00	Sep 25	$5.20	$0.55	$5.75	$184.25	$195.75	2.95%
$200.00	Sep 25	$0.31	$5.45	$5.76	$194.24	$205.76	2.96%
$195.00	Oct 2	$3.06	$2.95	$6.01	$188.99	$201.01	3.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.68% of stock, avg 3.10%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$198.00	$191.00	Sep 25	$0.66	$0.67	$1.33	$189.67	$199.33
$198.00	$192.00	Sep 25	$0.66	$0.81	$1.47	$190.53	$199.47
$198.00	$192.50	Sep 25	$0.66	$0.84	$1.50	$191.00	$199.50
$197.50	$191.00	Sep 25	$0.83	$0.67	$1.50	$189.50	$199.00
$197.50	$192.00	Sep 25	$0.83	$0.81	$1.64	$190.36	$199.14
$197.50	$192.50	Sep 25	$0.83	$0.84	$1.67	$190.83	$199.17
$197.00	$191.00	Sep 25	$0.95	$0.67	$1.62	$189.38	$198.62
$197.00	$192.50	Sep 25	$0.95	$0.84	$1.79	$190.71	$198.79
$197.00	$192.00	Sep 25	$0.95	$0.81	$1.76	$190.24	$198.76
$198.00	$193.00	Sep 25	$0.66	$1.12	$1.78	$191.22	$199.78

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 198 found (best R:R 1.38, avg credit $0.60)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
182/182	198/198	Sep 25	$0.29	$0.21	66%	1.38	$182.21	$197.79
168/168	198/198	Sep 25	$0.27	$0.23	69%	1.17	$167.73	$197.77
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	62%	0.89	$170.53	$199.47
188/188	198/198	Sep 25	$0.29	$0.21	59%	1.38	$187.71	$197.79
178/179	199/200	Oct 2	$0.44	$0.56	64%	0.79	$178.56	$199.44
182/182	197/198	Sep 25	$0.24	$0.26	62%	0.92	$182.26	$197.24
178/179	199/200	Oct 9	$0.49	$0.51	56%	0.96	$178.51	$199.49
189/190	198/199	Sep 25	$0.48	$0.52	57%	0.92	$189.52	$198.48
168/168	197/198	Sep 25	$0.22	$0.28	65%	0.79	$167.78	$197.22

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 97 found (best R:R 6.35, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$202.50	$205.00	$207.50	Oct 23	$0.06	$2.44	12%	40.67
$200.00	$202.50	$205.00	Oct 16	$0.13	$2.37	15%	18.23
$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
$200.00	$202.50	$205.00	Oct 9	$0.20	$2.30	16%	11.50

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$195.00	$200.00	$205.00	Oct 2	$0.68	$4.32	40%	6.35
$193.00	$194.00	$195.00	Oct 2	$0.05	$0.95	10%	19.00
$180.00	$181.00	$182.00	Oct 2	$0.05	$0.95	3%	19.00
$175.00	$176.00	$177.00	Oct 16	$0.05	$0.95	3%	19.00
$185.00	$186.00	$187.00	Oct 16	$0.06	$0.94	4%	15.67

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
$202.50	$205.00	1:2	Oct 2	-$0.17	$2.33
$207.50	$210.00	1:2	Oct 16	-$0.21	$2.29

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
$165.00	$160.00	1:2	Oct 23	-$0.03	$4.97
$165.00	$160.00	1:2	Oct 16	-$0.06	$4.94
$165.00	$160.00	1:2	Oct 30	-$0.14	$4.86

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 1.17%)

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	0.50	0.6%	2.77%	3.37%	3	12
$197.50	Oct 30	$4.60	0.46	1.4%	2.36%	3.73%	3	21
$199.00	Oct 30	$3.85	0.42	2.1%	1.98%	4.11%	4	12
$198.00	Oct 30	$4.15	0.45	1.6%	2.13%	3.75%	4	34
$200.00	Oct 30	$3.45	0.40	2.6%	1.77%	4.42%	34	47
$195.00	Oct 23	$5.20	0.51	0.1%	2.67%	2.75%	5	129
$202.50	Oct 30	$2.66	0.32	3.9%	1.37%	5.30%	18	26
$197.00	Oct 30	$4.10	0.47	1.1%	2.10%	3.21%	9	11
$196.00	Oct 23	$4.50	0.48	0.6%	2.31%	2.90%	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 20,109

Total Puts 44,811

Put/Call Ratio 2.23

Net Difference -24,702

Prior's Put/Call Breakdown

Total Calls 19,492

Total Puts 7,879

Put/Call Ratio 0.40

Net Difference 11,613

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

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