XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$194.85 +2.89%

$194.75 (-0.05%)🌙

as of 09/21 04:20 PM

(9/21 16:15) ◀

Monday, September 21, 2026 (4:20pm)

▶ (9/21 18:05)

◀ 9/21 16:20 ▶

Option Volume

Detail

ℹ

Current (09/21 4:20pm) 68,680

Calls: 20,142 (29%)

Puts: 48,538 (71%)

Prior (09/18) 27,427

Calls: 19,529 (71%)

Puts: 7,898 (29%)

Current vs Prior +150.41%

Calls: +3.14% (Calls)

Puts: +514.56% (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 +136.71%

Calls: +41.43%

Puts: +228.57%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/21 4:20pm) $15.73M

Calls: $12.93M (82%)

Puts: $2.80M (18%)

Prior (09/18) $28.93M

Calls: $27.09M (94%)

Puts: $1.85M (6%)

Current vs Prior -45.63%

Calls: -52.25%

Puts: +51.49%

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 -47.83%

Calls: -47.89%

Puts: -47.54%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/21 4:20pm) 2.41

Prior (09/18) 0.40

Current vs Prior +495.86%

Prior 7-Day Average 1.11

Current vs Prior 7-Day Avg +116.76%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/21 4:20pm) 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 2.17% | 3.40%5.06% | 8.17%

Prior 2.46% | 3.54%1.33% | 4.96%

Current vs Prior -11.86% | -3.85%+280.35% | +64.52%

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

Current vs 7-Day Avg -1.66% | -5.77%+116.24% | +36.18%

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

Current vs 7-Day Eod -11.86% | -3.85%+280.35% | +64.52%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 17.80% | 18.15%

Calls: 17.17% | 12.23%

Puts: 18.42% | 24.07%

Prior 154.31% | 122.18%

Calls: 195.19% | 150.00%

Puts: 113.43% | 94.36%

Current vs Prior -88.46% | -85.14%

Prior 7-Day Avg 79.17% | 58.08%

Calls: 85.26% | 60.34%

Puts: 73.08% | 55.82%

Current vs 7-Day Avg -77.52% | -68.75%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($12.93M) vs puts ($2.80M). Unusually high activity with volume up 150% vs prior - elevated interest. Volume explosion - 137% above 7-day average (68,680 vs avg 29,014). Extreme bearish P/C ratio of 2.41 - 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
16:20	BULLISH	BEARISH	BEARISH
16:15	BULLISH	BEARISH	BEARISH
16:10	BULLISH	BEARISH	BEARISH
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 43 of results (avg 7.5%, 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%	--	1.00	75
$186.00	Oct 16	10.80	11.35	$11.08	5.0%	8	0.77	563
$164.00	Sep 25	30.25	31.85	$31.05	5.2%	15	1.00	--
$185.00	Oct 16	11.60	12.25	$11.93	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	0.80	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. 2 found (avg $0.51, cheapest $0.06)

CALLS (0)

No calls meet the criteria

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$178.00	Sep 25	0.05	0.06	$0.06	16.7%	1.8K	0.02	615
$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. 130 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$162.00	Sep 25	31.65	34.20	$32.92	7.7%	54	1.00	--
$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	--
$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%	--	0.94	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	0.90	14
$205.00	Oct 16	10.60	11.20	$10.90	5.5%	3	0.80	3

Most actively traded options today. High liquidity = easy entry/exit. 323 active (total vol 30.2K, top 4.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Oct 16	2.38	2.91	$2.65	20.0%	4.7K	0.34	1.6K
$195.00	Oct 16	4.65	5.05	$4.85	8.2%	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	1.51	2.00	$1.76	27.8%	479	0.49	592

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$178.00	Sep 25	0.05	0.06	$0.06	16.7%	1.8K	0.02	615
$190.00	Sep 25	0.39	0.70	$0.54	57.4%	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. 8 strikes (avg 7.5%, max 12.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$190.00	Sep 25	Oct 30	26.6%	23.6%	12.7%	53	1.7K
$193.00	Sep 25	Oct 30	24.4%	23.0%	6.4%	37	67
$191.00	Sep 25	Oct 30	25.1%	23.6%	6.3%	57	433
$195.00	Sep 25	Oct 30	22.9%	21.7%	5.5%	519	621
$194.00	Sep 25	Oct 30	23.3%	22.2%	5.1%	136	136

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$190.00	Sep 25	Oct 30	26.6%	23.6%	12.7%	1.5K	20
$191.00	Sep 25	Oct 30	25.1%	23.6%	6.3%	65	130
$192.00	Sep 25	Oct 23	23.3%	22.2%	5.1%	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 4.83)

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
$190.00	$189.00	Oct 16	$0.15	$0.85	$0.15	33%	5.67	$189.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 127 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
$200.00	$202.50	Oct 2	$0.59	$0.59	$1.91	75%	0.31	$200.59
$198.00	$199.00	Oct 30	$0.60	$0.60	$0.40	56%	1.50	$198.60

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
$163.00	$162.50	Sep 25	$0.20	$0.20	$0.30	97%	0.67	$162.80
$193.00	$192.50	Sep 25	$0.35	$0.35	$0.15	64%	2.33	$192.65
$188.00	$187.00	Oct 23	$0.46	$0.46	$0.54	70%	0.85	$187.54
$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 $1.40, cheapest $0.73)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$193.00	Sep 25	Oct 2	$0.73	24.4%	22.7%
$195.00	Sep 25	Oct 2	$1.29	22.9%	21.4%
$194.00	Sep 25	Oct 2	$1.35	23.3%	22.0%
$196.00	Sep 25	Oct 2	$1.34	22.1%	23.0%
$197.00	Sep 25	Oct 2	$1.23	21.2%	22.3%

PUTS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$193.00	Sep 25	Oct 2	$0.99	24.4%	22.7%
$195.00	Sep 25	Oct 2	$1.05	22.9%	21.4%
$194.00	Sep 25	Oct 2	$1.02	23.3%	22.0%
$196.00	Sep 25	Oct 30	$3.59	22.1%	25.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 100 found (cheapest 1.88% of stock, avg 5.68%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$195.00	Sep 25	$1.76	$1.90	$3.66	$191.34	$198.66	1.88%
$196.00	Sep 25	$1.25	$2.54	$3.79	$192.21	$199.79	1.95%
$194.00	Sep 25	$2.33	$1.53	$3.86	$190.14	$197.86	1.98%
$192.50	Sep 25	$3.55	$0.86	$4.41	$188.09	$196.91	2.26%
$193.00	Sep 25	$3.32	$1.21	$4.53	$188.47	$197.53	2.32%
$192.00	Sep 25	$3.90	$0.81	$4.71	$187.29	$196.71	2.42%
$191.00	Sep 25	$4.60	$0.67	$5.27	$185.73	$196.27	2.70%
$200.00	Sep 25	$0.19	$5.45	$5.64	$194.36	$205.64	2.89%
$190.00	Sep 25	$5.20	$0.54	$5.74	$184.26	$195.74	2.95%
$195.00	Oct 2	$3.05	$2.95	$6.00	$189.00	$201.00	3.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.63% of stock, avg 3.07%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$198.00	$191.00	Sep 25	$0.56	$0.67	$1.23	$189.77	$199.23
$198.00	$192.00	Sep 25	$0.56	$0.81	$1.37	$190.63	$199.37
$197.50	$191.00	Sep 25	$0.78	$0.67	$1.45	$189.55	$198.95
$198.00	$192.50	Sep 25	$0.56	$0.86	$1.42	$191.08	$199.42
$197.50	$192.00	Sep 25	$0.78	$0.81	$1.59	$190.41	$199.09
$197.00	$191.00	Sep 25	$0.85	$0.67	$1.52	$189.48	$198.52
$197.50	$192.50	Sep 25	$0.78	$0.86	$1.64	$190.86	$199.14
$197.00	$192.00	Sep 25	$0.85	$0.81	$1.66	$190.34	$198.66
$197.00	$192.50	Sep 25	$0.85	$0.86	$1.71	$190.79	$198.71
$198.00	$193.00	Sep 25	$0.56	$1.21	$1.77	$191.23	$199.77

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 201 found (best R:R 0.85, avg credit $0.61)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
162/163	199/200	Sep 25	$0.46	$0.54	79%	0.85	$162.54	$199.46
182/182	198/198	Sep 25	$0.34	$0.16	67%	2.12	$182.16	$197.84
168/168	198/198	Sep 25	$0.32	$0.18	70%	1.78	$167.68	$197.82
168/168	199/200	Sep 25	$0.36	$0.64	79%	0.56	$167.64	$199.36
175/176	199/200	Sep 25	$0.37	$0.63	78%	0.59	$175.63	$199.37
182/182	199/200	Sep 25	$0.38	$0.62	77%	0.61	$182.12	$199.38
188/188	198/198	Sep 25	$0.34	$0.16	60%	2.12	$187.66	$197.84
189/190	199/200	Sep 25	$0.50	$0.50	64%	1.00	$189.50	$199.50
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

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 98 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
$202.50	$205.00	$207.50	Oct 16	$0.08	$2.42	13%	30.25
$205.00	$207.50	$210.00	Oct 30	$0.08	$2.42	11%	30.25
$202.50	$205.00	$207.50	Oct 30	$0.11	$2.39	11%	21.73
$194.00	$195.00	$196.00	Sep 25	$0.06	$0.94	17%	15.67

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
$189.00	$190.00	$191.00	Oct 2	$0.07	$0.93	7%	13.29
$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

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 141 found (best net $-2.27, 125 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$202.50	$205.00	1:2	Oct 9	-$0.24	$2.26
$200.00	$202.50	1:2	Oct 9	-$0.48	$2.02
$205.00	$207.50	1:2	Oct 16	-$0.27	$2.23
$202.50	$205.00	1:2	Oct 2	-$0.17	$2.33
$215.00	$220.00	1:2	Oct 16	-$0.05	$4.95

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
$190.00	$189.00	1:2	Sep 25	-$0.06	$0.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 52 found (best yield 3.16%, avg 1.18%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$195.00	Oct 30	$6.15	0.52	0.1%	3.16%	3.23%	40	29
$196.00	Oct 30	$5.40	0.50	0.6%	2.77%	3.36%	3	12
$197.50	Oct 30	$4.60	0.46	1.4%	2.36%	3.72%	4	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%	4.41%	34	47
$195.00	Oct 23	$5.20	0.51	0.1%	2.67%	2.75%	5	129
$197.00	Oct 30	$4.10	0.47	1.1%	2.10%	3.21%	9	11
$202.50	Oct 30	$2.66	0.32	3.9%	1.37%	5.29%	18	26
$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 20,142

Total Puts 48,538

Put/Call Ratio 2.41

Net Difference -28,396

Prior's Put/Call Breakdown

Total Calls 19,529

Total Puts 7,898

Put/Call Ratio 0.40

Net Difference 11,631

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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