XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$195.35 +0.26%

(9/21 18:05) ◀

Tuesday, September 22, 2026 (9:35am)

▶ (9/22 09:40)

◀ 9/22 09:35 ▶

Option Volume

Detail

ℹ

Current (09/22 9:35am) 377

Calls: 171 (45%)

Puts: 206 (55%)

Prior (09/18) 350

Calls: 103 (29%)

Puts: 247 (71%)

Current vs Prior +7.71%

Calls: +66.02% (Calls)

Puts: -16.60% (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 -98.70%

Calls: -98.80%

Puts: -98.61%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/22 9:35am) $208.9K

Calls: $175.0K (84%)

Puts: $33.9K (16%)

Prior (09/18) $64.0K

Calls: $43.4K (68%)

Puts: $20.6K (32%)

Current vs Prior +226.37%

Calls: +303.42%

Puts: +64.44%

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 -99.31%

Calls: -99.29%

Puts: -99.36%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 9:35am) 1.20

Prior (09/18) 2.40

Current vs Prior -49.76%

Prior 7-Day Average 1.11

Current vs Prior 7-Day Avg +8.36%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/22 9:35am) 710,830

Calls: 251,703 (35%)

Puts: 459,127 (65%)

Prior (09/18) 840,214

Calls: 294,433 (35%)

Puts: 545,781 (65%)

Current vs Prior -15.40%

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 -11.53%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 2.00% | 3.32%4.89% | 8.13%

Prior 2.46% | 3.54%1.33% | 4.96%

Current vs Prior -18.74% | -6.27%+267.82% | +63.79%

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

Current vs 7-Day Avg -9.33% | -8.14%+109.12% | +35.58%

Prior 7-Day Eod 2.46% | 3.54%5.06% | 8.17%

Current vs 7-Day Eod -18.74% | -6.27%-3.29% | -0.44%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 24.89% | 24.02%

Calls: 26.49% | 22.90%

Puts: 23.30% | 25.15%

Prior 154.31% | 122.18%

Calls: 195.19% | 150.00%

Puts: 113.43% | 94.36%

Current vs Prior -83.87% | -80.34%

Prior 7-Day Avg 79.17% | 58.08%

Calls: 85.26% | 60.34%

Puts: 73.08% | 55.82%

Current vs 7-Day Avg -68.56% | -58.64%

Liquidity Expensive

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Strong bullish conviction with 84% of dollar volume in calls ($175.0K) vs puts ($33.9K). Massive premium surge with dollar volume up 226% vs prior. Bearish P/C ratio of 1.20 indicates protective positioning. P/C ratio dropping 50% - sentiment shifting bullish.

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 NEUTRAL

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
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
09:35	BULLISH	BEARISH	BEARISH

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⏰ 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 41 of results (avg 7.1%, best 3.8%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 16	34.90	36.25	$35.58	3.8%	--	1.00	28
$180.00	Oct 2	15.55	16.20	$15.88	4.1%	2	0.95	10
$165.00	Oct 16	30.00	31.30	$30.65	4.2%	2	1.00	13
$170.00	Oct 16	25.15	26.40	$25.78	4.8%	--	0.95	67
$163.00	Sep 25	31.30	32.95	$32.13	5.1%	--	1.00	19

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$188.00	Oct 16	1.87	2.05	$1.96	9.2%	4	0.27	66
$210.00	Oct 16	14.30	15.80	$15.05	10.0%	--	0.91	10

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.82, cheapest $0.82)

CALLS (0)

No calls meet the criteria

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$184.00	Oct 9	0.74	0.90	$0.82	19.5%	4	0.14	8

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 109 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$162.00	Sep 25	32.25	33.95	$33.10	5.1%	--	1.00	54
$162.50	Sep 25	31.75	33.45	$32.60	5.2%	--	1.00	54
$163.00	Sep 25	31.30	32.95	$32.13	5.1%	--	1.00	19
$164.00	Sep 25	30.25	31.95	$31.10	5.5%	--	1.00	14
$165.00	Sep 25	29.25	30.95	$30.10	5.6%	--	1.00	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$205.00	Oct 2	9.35	10.85	$10.10	14.9%	--	0.92	10
$210.00	Oct 16	14.30	15.80	$15.05	10.0%	--	0.91	10
$200.00	Sep 25	4.65	5.85	$5.25	22.9%	--	0.88	14
$200.00	Oct 2	5.35	6.35	$5.85	17.1%	--	0.76	45
$200.00	Oct 16	6.60	7.55	$7.07	13.4%	1	0.66	161

Most actively traded options today. High liquidity = easy entry/exit. 45 active (total vol 242, top 30)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$202.50	Sep 25	0.00	0.13	$0.07	185.7%	30	0.04	54
$200.00	Sep 25	0.04	0.43	$0.24	162.5%	18	0.12	598
$199.00	Sep 25	0.16	0.55	$0.36	108.3%	16	0.17	326
$195.00	Oct 16	4.30	5.15	$4.72	18.0%	15	0.51	4.9K
$198.00	Sep 25	0.41	0.77	$0.59	61.0%	13	0.24	71

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$177.00	Oct 23	0.71	1.27	$0.99	56.6%	20	0.12	30
$182.00	Oct 23	1.23	1.84	$1.54	39.6%	20	0.18	26
$177.00	Oct 30	0.97	1.58	$1.27	48.0%	10	0.13	26
$182.00	Oct 30	1.59	2.23	$1.91	33.5%	10	0.20	15
$162.50	Sep 25	0.00	0.02	$0.01	200.0%	4	0.00	32

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 9.5%, max 19.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$192.00	Sep 25	Oct 23	26.7%	22.6%	18.0%	1	466
$191.00	Sep 25	Oct 30	26.1%	23.5%	11.1%	--	459
$194.00	Sep 25	Oct 30	24.3%	22.8%	6.8%	2	217
$195.00	Sep 25	Oct 30	23.9%	22.5%	6.1%	4	846
$196.00	Sep 25	Oct 30	23.0%	22.1%	4.0%	--	244

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$192.00	Sep 25	Oct 16	26.7%	22.3%	19.7%	--	347
$190.00	Sep 25	Oct 23	27.5%	23.5%	17.0%	--	1.5K
$191.00	Sep 25	Oct 16	26.1%	23.0%	13.6%	--	213
$194.00	Sep 25	Oct 16	24.3%	21.8%	11.6%	1	295
$195.00	Sep 25	Oct 16	23.9%	21.5%	10.9%	--	411

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 126 found (best R:R 3.17, avg 5.02)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$194.00	$195.00	Oct 30	$0.24	$0.76	$0.24	55%	3.17	$194.24
$187.50	$188.00	Sep 25	$0.25	$0.25	$0.25	95%	1.00	$187.75
$187.00	$187.50	Oct 23	$0.15	$0.35	$0.15	74%	2.33	$187.15
$199.00	$200.00	Oct 16	$0.18	$0.82	$0.18	37%	4.56	$199.18
$199.00	$200.00	Oct 30	$0.23	$0.77	$0.23	41%	3.35	$199.23

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$200.00	$195.00	Oct 16	$2.64	$2.36	$2.64	66%	0.89	$197.36
$185.00	$182.00	Oct 23	$0.30	$2.70	$0.30	22%	9.00	$184.70
$200.00	$195.00	Oct 2	$3.04	$1.96	$3.04	76%	0.64	$196.96
$196.00	$195.00	Sep 25	$0.31	$0.69	$0.31	58%	2.23	$195.69
$190.00	$188.00	Oct 9	$0.37	$1.63	$0.37	30%	4.41	$189.63

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 99 found (best R:R 5.67, avg 0.41)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$196.00	$197.00	Oct 30	$0.85	$0.85	$0.15	51%	5.67	$196.85
$200.00	$202.50	Oct 16	$0.98	$0.98	$1.52	66%	0.64	$200.98
$200.00	$202.50	Oct 30	$1.12	$1.12	$1.38	61%	0.81	$201.12
$197.50	$198.00	Oct 30	$0.34	$0.34	$0.16	54%	2.12	$197.84
$197.00	$200.00	Oct 23	$1.31	$1.31	$1.69	55%	0.78	$198.31

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$185.00	$184.00	Oct 9	$0.30	$0.30	$0.70	82%	0.43	$184.70
$189.00	$188.00	Oct 16	$0.42	$0.42	$0.58	70%	0.72	$188.58
$176.00	$175.00	Oct 16	$0.19	$0.19	$0.81	91%	0.23	$175.81
$190.00	$185.00	Oct 23	$1.38	$1.38	$3.62	66%	0.38	$188.62
$167.50	$167.00	Sep 25	$0.10	$0.10	$0.40	98%	0.25	$167.40

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $1.22, cheapest $1.06)

CALLS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.25	23.9%	21.8%
$194.00	Sep 25	Oct 2	$1.13	24.3%	22.7%
$196.00	Sep 25	Oct 2	$1.35	23.0%	23.4%
$197.00	Sep 25	Oct 2	$1.37	21.9%	23.3%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.06	23.9%	21.8%
$194.00	Sep 25	Oct 2	$1.14	24.3%	22.7%
$193.00	Sep 25	Oct 2	$1.23	23.4%	23.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 78 found (cheapest 1.70% of stock, avg 5.60%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$196.00	Sep 25	$1.27	$2.06	$3.33	$192.67	$199.33	1.70%
$195.00	Sep 25	$1.85	$1.75	$3.60	$191.40	$198.60	1.84%
$194.00	Sep 25	$2.45	$1.32	$3.77	$190.23	$197.77	1.93%
$193.00	Sep 25	$3.00	$0.89	$3.89	$189.11	$196.89	1.99%
$192.50	Sep 25	$3.38	$0.77	$4.15	$188.35	$196.65	2.12%
$192.00	Sep 25	$3.83	$0.80	$4.63	$187.37	$196.63	2.37%
$191.00	Sep 25	$4.53	$0.53	$5.06	$185.94	$196.06	2.59%
$200.00	Sep 25	$0.24	$5.25	$5.49	$194.51	$205.49	2.81%
$190.00	Sep 25	$5.50	$0.42	$5.92	$184.08	$195.92	3.03%
$195.00	Oct 2	$3.10	$2.81	$5.91	$189.09	$200.91	3.03%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.58% of stock, avg 2.47%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$199.00	$192.50	Sep 25	$0.36	$0.77	$1.13	$191.37	$200.13
$199.00	$192.00	Sep 25	$0.36	$0.80	$1.16	$190.84	$200.16
$198.00	$192.00	Sep 25	$0.59	$0.80	$1.39	$190.61	$199.39
$198.00	$192.50	Sep 25	$0.59	$0.77	$1.36	$191.14	$199.36
$199.00	$193.00	Sep 25	$0.36	$0.89	$1.25	$191.75	$200.25
$197.50	$192.50	Sep 25	$0.69	$0.77	$1.46	$191.04	$198.96
$197.50	$192.00	Sep 25	$0.69	$0.80	$1.49	$190.51	$198.99
$198.00	$193.00	Sep 25	$0.59	$0.89	$1.48	$191.52	$199.48
$197.50	$193.00	Sep 25	$0.69	$0.89	$1.58	$191.42	$199.08
$197.00	$192.50	Sep 25	$0.83	$0.77	$1.60	$190.90	$198.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 171 found (best R:R 2.57, avg credit $0.63)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
184/185	199/200	Oct 9	$0.72	$0.28	48%	2.57	$184.28	$199.72
190/191	199/200	Oct 9	$0.78	$0.22	32%	3.55	$190.22	$199.78
175/176	200/202	Oct 16	$1.17	$1.33	56%	0.88	$174.83	$201.17
167/168	197/198	Sep 25	$0.24	$0.26	66%	0.92	$167.26	$197.24
167/168	198/199	Sep 25	$0.33	$0.67	74%	0.49	$167.17	$198.33
178/179	198/199	Sep 25	$0.33	$0.67	72%	0.49	$178.67	$198.33
180/181	198/199	Sep 25	$0.33	$0.67	72%	0.49	$180.67	$198.33
167/168	199/200	Sep 25	$0.22	$0.78	81%	0.28	$167.28	$199.22
173/174	200/202	Oct 16	$1.09	$1.41	58%	0.77	$172.91	$201.09
178/179	199/200	Sep 25	$0.22	$0.78	80%	0.28	$178.78	$199.22

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 66 found (best R:R 3.13, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$160.00	$165.00	$170.00	Oct 16	$0.06	$4.94	5%	82.33
$200.00	$202.50	$205.00	Oct 9	$0.15	$2.35	16%	15.67
$189.00	$190.00	$191.00	Sep 25	$0.06	$0.94	10%	15.67
$195.00	$196.00	$197.00	Oct 2	$0.06	$0.94	10%	15.67
$200.00	$202.50	$205.00	Oct 2	$0.23	$2.27	16%	9.87

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$195.00	$200.00	$205.00	Oct 2	$1.21	$3.79	43%	3.13
$160.00	$165.00	$170.00	Oct 30	$0.11	$4.89	4%	44.45
$178.00	$179.00	$180.00	Oct 9	$0.05	$0.95	2%	19.00
$193.00	$194.00	$195.00	Oct 16	$0.09	$0.91	7%	10.11
$192.00	$192.50	$193.00	Oct 2	$0.07	$0.43	5%	6.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 144 found (best net $-1.60, 132 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$200.00	$202.50	1:2	Oct 2	-$0.02	$2.48
$202.50	$205.00	1:2	Oct 9	-$0.14	$2.36
$202.50	$205.00	1:2	Oct 2	-$0.01	$2.49
$200.00	$202.50	1:2	Oct 9	-$0.44	$2.06
$215.00	$220.00	1:2	Oct 16	-$0.04	$4.96

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$205.00	$200.00	1:2	Oct 2	-$1.60	$3.40
$200.00	$195.00	1:2	Oct 16	-$1.79	$3.21
$190.00	$185.00	1:2	Oct 23	-$0.46	$4.54
$169.00	$160.00	1:2	Oct 9	-$0.09	$8.91
$190.00	$189.00	1:2	Sep 25	-$0.10	$0.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 43 found (best yield 2.92%, avg 0.96%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$196.00	Oct 30	$5.70	0.49	0.3%	2.92%	3.25%	--	15
$200.00	Oct 30	$3.70	0.39	2.4%	1.89%	4.27%	--	72
$197.00	Oct 30	$4.70	0.47	0.8%	2.41%	3.25%	--	16
$197.50	Oct 30	$4.45	0.46	1.1%	2.28%	3.38%	--	25
$198.00	Oct 30	$4.20	0.44	1.4%	2.15%	3.51%	--	34
$199.00	Oct 30	$3.75	0.41	1.9%	1.92%	3.79%	--	11
$197.00	Oct 23	$3.95	0.45	0.8%	2.02%	2.87%	--	10
$202.50	Oct 30	$2.40	0.32	3.7%	1.23%	4.89%	5	37
$200.00	Oct 23	$2.67	0.36	2.4%	1.37%	3.75%	--	72
$205.00	Oct 30	$1.69	0.26	4.9%	0.87%	5.80%	--	13

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 171

Total Puts 206

Put/Call Ratio 1.20

Net Difference -35

Prior's Put/Call Breakdown

Total Calls 103

Total Puts 247

Put/Call Ratio 2.40

Net Difference -144

Prior 7-Day Put/Call Summary

Total Calls 99,695

Total Puts 103,407

Average Put/Call Ratio 1.11

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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