XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$195.31 +0.24%

(9/22 09:35) ◀

Tuesday, September 22, 2026 (9:40am)

▶ (9/22 09:45)

◀ 9/22 09:40 ▶

Option Volume

Detail

ℹ

Current (09/22 9:40am) 661

Calls: 246 (37%)

Puts: 415 (63%)

Prior (09/18) 438

Calls: 152 (35%)

Puts: 286 (65%)

Current vs Prior +50.91%

Calls: +61.84% (Calls)

Puts: +45.10% (Puts)

Prior 7-Day Total 247,245

Calls: 109,774 (44%)

Puts: 137,471 (56%)

Prior 7-Day Average 35,320

Calls: 15,682 (44%)

Puts: 19,638 (56%)

Current vs Prior 7-Day Avg -98.13%

Calls: -98.43%

Puts: -97.89%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/22 9:40am) $318.2K

Calls: $218.6K (69%)

Puts: $99.6K (31%)

Prior (09/18) $116.3K

Calls: $87.8K (75%)

Puts: $28.5K (25%)

Current vs Prior +173.51%

Calls: +148.89%

Puts: +249.28%

Prior 7-Day Total $206.29M

Calls: $171.90M (83%)

Puts: $34.39M (17%)

Prior 7-Day Average $29.47M

Calls: $24.56M (83%)

Puts: $4.91M (17%)

Current vs Prior 7-Day Avg -98.92%

Calls: -99.11%

Puts: -97.97%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 9:40am) 1.69

Prior (09/18) 1.88

Current vs Prior -10.34%

Prior 7-Day Average 1.25

Current vs Prior 7-Day Avg +34.90%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/22 9:40am) 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 5,502,290

Calls: 1,936,171 (35%)

Puts: 3,566,119 (65%)

Prior 7-Day Average 786,041

Calls: 276,595 (35%)

Puts: 509,445 (65%)

Current vs Prior 7-Day Avg -9.57%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 2.05% | 3.32%5.01% | 8.21%

Prior 2.17% | 3.40%5.06% | 8.17%

Current vs Prior -5.66% | -2.49%-0.95% | +0.52%

Prior 7-Day Avg 2.26% | 3.54%2.51% | 6.16%

Current vs 7-Day Avg -9.22% | -6.37%+99.80% | +33.29%

Prior 7-Day Eod 2.17% | 3.40%5.06% | 8.17%

Current vs 7-Day Eod -5.66% | -2.49%-0.95% | +0.52%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 18.43% | 23.86%

Calls: 16.58% | 22.58%

Puts: 20.29% | 25.15%

Prior 17.80% | 18.15%

Calls: 17.17% | 12.23%

Puts: 18.42% | 24.07%

Current vs Prior +3.54% | +31.46%

Prior 7-Day Avg 76.93% | 56.05%

Calls: 82.47% | 58.55%

Puts: 71.38% | 53.54%

Current vs 7-Day Avg -76.04% | -57.43%

Liquidity Expensive

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Moderately bullish flow with 69% call dollar volume ($218.6K). Massive premium surge with dollar volume up 174% vs prior. Above-average activity with volume up 51% vs prior. Extreme bearish P/C ratio of 1.69 - 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 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
09:40	BULLISH	BEARISH	BEARISH
09:35	BULLISH	BEARISH	BEARISH

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Best Value <$1

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 48 of results (avg 7.1%, best 2.8%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 16	35.20	36.20	$35.70	2.8%	--	1.00	28
$182.00	Oct 16	14.60	15.10	$14.85	3.4%	1	0.84	53
$165.00	Oct 16	30.10	31.30	$30.70	3.9%	2	0.94	13
$180.00	Oct 2	15.55	16.20	$15.88	4.1%	2	0.95	10
$170.00	Oct 16	25.15	26.45	$25.80	5.0%	--	0.93	67

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 16	4.00	4.30	$4.15	7.2%	148	0.48	253
$188.00	Oct 16	1.86	2.05	$1.96	9.7%	4	0.26	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. 2 found (avg $0.58, cheapest $0.34)

CALLS (0)

No calls meet the criteria

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Sep 25	0.32	0.36	$0.34	11.8%	5	0.14	1.4K
$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	0.65	161

Most actively traded options today. High liquidity = easy entry/exit. 67 active (total vol 503, top 148)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Sep 25	1.77	2.09	$1.93	16.6%	38	0.52	777
$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	0.23	0.55	$0.39	82.1%	17	0.18	326
$195.00	Oct 16	4.75	5.15	$4.95	8.1%	17	0.52	4.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 16	4.00	4.30	$4.15	7.2%	148	0.48	253
$190.00	Oct 2	0.89	1.32	$1.11	38.7%	22	0.24	66
$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

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 11 strikes (avg 6.8%, max 14.1%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$191.00	Sep 25	Oct 30	25.9%	23.5%	10.1%	--	459
$195.00	Sep 25	Oct 30	24.4%	22.5%	8.6%	38	846
$192.00	Sep 25	Oct 23	24.4%	22.6%	7.8%	1	466
$192.50	Sep 25	Oct 30	24.5%	23.2%	5.9%	5	65
$193.00	Sep 25	Oct 30	24.0%	23.1%	4.2%	1	75

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$195.00	Sep 25	Oct 16	24.4%	21.4%	14.1%	148	411
$191.00	Sep 25	Oct 16	25.9%	23.9%	8.0%	7	213
$192.50	Sep 25	Oct 9	24.5%	23.2%	5.6%	--	53
$192.00	Sep 25	Oct 16	24.4%	23.3%	4.6%	--	347
$193.00	Sep 25	Oct 16	24.0%	23.2%	3.5%	--	1.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 127 found (best R:R 3.17, avg 4.81)

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
$186.00	$187.00	Oct 16	$0.53	$0.47	$0.53	78%	0.89	$186.53
$181.00	$182.00	Oct 16	$0.63	$0.37	$0.63	86%	0.59	$181.63
$187.00	$187.50	Oct 23	$0.15	$0.35	$0.15	73%	2.33	$187.15
$192.50	$193.00	Sep 25	$0.15	$0.35	$0.15	73%	2.33	$192.65

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$195.00	$194.00	Oct 16	$0.18	$0.82	$0.18	48%	4.56	$194.82
$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	$0.33	$0.67	$0.33	58%	2.03	$195.67
$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. 96 found (best R:R 5.67, avg 0.42)

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	65%	0.64	$200.98
$200.00	$202.50	Oct 30	$1.12	$1.12	$1.38	61%	0.81	$201.12
$200.00	$202.50	Oct 9	$0.79	$0.79	$1.71	69%	0.46	$200.79
$197.50	$198.00	Oct 30	$0.34	$0.34	$0.16	54%	2.12	$197.84

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$191.00	$190.00	Oct 2	$0.45	$0.45	$0.55	70%	0.82	$190.55
$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	71%	0.72	$188.58
$195.00	$194.00	Sep 25	$0.59	$0.59	$0.41	52%	1.44	$194.41
$176.00	$175.00	Oct 16	$0.19	$0.19	$0.81	91%	0.23	$175.81

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $1.18, cheapest $1.17)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.17	24.4%	21.8%
$193.00	Sep 25	Oct 2	$0.99	24.0%	22.9%
$194.00	Sep 25	Oct 2	$1.03	22.4%	22.8%
$196.00	Sep 25	Oct 2	$1.35	22.5%	23.4%
$197.00	Sep 25	Oct 2	$1.37	21.5%	23.3%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.07	24.4%	21.8%
$193.00	Sep 25	Oct 2	$1.15	24.0%	22.9%
$194.00	Sep 25	Oct 2	$1.31	22.4%	22.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 78 found (cheapest 1.71% of stock, avg 5.61%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$196.00	Sep 25	$1.27	$2.07	$3.34	$192.66	$199.34	1.71%
$195.00	Sep 25	$1.93	$1.74	$3.67	$191.33	$198.67	1.88%
$194.00	Sep 25	$2.55	$1.15	$3.70	$190.30	$197.70	1.89%
$193.00	Sep 25	$3.23	$0.90	$4.13	$188.87	$197.13	2.11%
$192.50	Sep 25	$3.38	$0.78	$4.16	$188.34	$196.66	2.13%
$192.00	Sep 25	$3.88	$0.64	$4.52	$187.48	$196.52	2.31%
$191.00	Sep 25	$4.53	$0.50	$5.03	$185.97	$196.03	2.58%
$200.00	Sep 25	$0.24	$5.25	$5.49	$194.51	$205.49	2.81%
$190.00	Sep 25	$5.53	$0.34	$5.87	$184.13	$195.87	3.01%
$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 0.53% of stock, avg 2.46%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$199.00	$192.00	Sep 25	$0.39	$0.64	$1.03	$190.97	$200.03
$198.00	$192.00	Sep 25	$0.61	$0.64	$1.25	$190.75	$199.25
$199.00	$192.50	Sep 25	$0.39	$0.78	$1.17	$191.33	$200.17
$197.50	$192.00	Sep 25	$0.69	$0.64	$1.33	$190.67	$198.83
$198.00	$192.50	Sep 25	$0.61	$0.78	$1.39	$191.11	$199.39
$197.50	$192.50	Sep 25	$0.69	$0.78	$1.47	$191.03	$198.97
$199.00	$193.00	Sep 25	$0.39	$0.90	$1.29	$191.71	$200.29
$197.00	$192.00	Sep 25	$0.83	$0.64	$1.47	$190.53	$198.47
$198.00	$193.00	Sep 25	$0.61	$0.90	$1.51	$191.49	$199.51
$197.50	$193.00	Sep 25	$0.69	$0.90	$1.59	$191.41	$199.09

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 162 found (best R:R 4.00, avg credit $0.65)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
190/191	199/200	Oct 2	$0.80	$0.20	40%	4.00	$190.20	$199.80
190/191	198/199	Oct 2	$0.75	$0.25	36%	3.00	$190.25	$198.75
185/186	199/200	Oct 2	$0.54	$0.46	55%	1.17	$185.46	$199.54
167/168	197/198	Sep 25	$0.24	$0.26	66%	0.92	$167.26	$197.24
175/176	200/202	Oct 16	$1.17	$1.33	56%	0.88	$174.83	$201.17
167/168	198/199	Sep 25	$0.32	$0.68	73%	0.47	$167.18	$198.32
167/168	199/200	Sep 25	$0.25	$0.75	80%	0.33	$167.25	$199.25
178/179	198/199	Sep 25	$0.32	$0.68	72%	0.47	$178.68	$198.32
178/179	199/200	Sep 25	$0.25	$0.75	79%	0.33	$178.75	$199.25
173/174	200/202	Oct 16	$1.09	$1.41	57%	0.77	$172.91	$201.09

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 72 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	$0.10	$4.90	7%	49.00
$193.00	$194.00	$195.00	Sep 25	$0.06	$0.94	18%	15.67
$205.00	$210.00	$215.00	Sep 25	$0.09	$4.91	4%	54.56
$198.00	$199.00	$200.00	Sep 25	$0.07	$0.93	13%	13.29
$202.50	$205.00	$207.50	Oct 16	$0.18	$2.32	13%	12.89

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 16	$0.08	$4.92	3%	61.50
$160.00	$165.00	$170.00	Oct 30	$0.11	$4.89	4%	44.45
$189.00	$190.00	$191.00	Sep 25	$0.08	$0.92	8%	11.50
$178.00	$179.00	$180.00	Oct 9	$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. 140 found (best net $-1.60, 129 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$200.00	$202.50	1:2	Oct 2	-$0.02	$2.48
$200.00	$202.50	1:2	Oct 9	-$0.25	$2.25
$202.50	$205.00	1:2	Oct 9	-$0.14	$2.36
$202.50	$205.00	1:2	Oct 2	-$0.01	$2.49
$205.00	$207.50	1:2	Oct 16	-$0.25	$2.25

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	-$1.23	$3.77
$190.00	$185.00	1:2	Oct 23	-$0.51	$4.49
$169.00	$160.00	1:2	Oct 9	-$0.09	$8.91
$170.00	$165.00	1:2	Oct 16	-$0.17	$4.83

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 0.97%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$196.00	Oct 30	$5.70	0.49	0.3%	2.92%	3.27%	--	15
$200.00	Oct 30	$3.70	0.39	2.4%	1.89%	4.30%	--	72
$197.00	Oct 30	$4.70	0.47	0.9%	2.41%	3.27%	--	16
$197.50	Oct 30	$4.45	0.46	1.1%	2.28%	3.40%	--	25
$198.00	Oct 30	$4.20	0.44	1.4%	2.15%	3.53%	--	34
$199.00	Oct 30	$3.75	0.41	1.9%	1.92%	3.81%	--	11
$197.00	Oct 23	$3.95	0.45	0.9%	2.02%	2.89%	--	10
$202.50	Oct 30	$2.40	0.32	3.7%	1.23%	4.91%	5	37
$200.00	Oct 23	$2.67	0.36	2.4%	1.37%	3.77%	--	72
$205.00	Oct 30	$1.69	0.26	5.0%	0.87%	5.83%	--	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 246

Total Puts 415

Put/Call Ratio 1.69

Net Difference -169

Prior's Put/Call Breakdown

Total Calls 152

Total Puts 286

Put/Call Ratio 1.88

Net Difference -134

Prior 7-Day Put/Call Summary

Total Calls 109,774

Total Puts 137,471

Average Put/Call Ratio 1.25

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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