XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$195.25 +0.21%

(9/22 09:40) ◀

Tuesday, September 22, 2026 (9:45am)

▶ (9/22 09:50)

◀ 9/22 09:45 ▶

Option Volume

Detail

ℹ

Current (09/22 9:45am) 1,089

Calls: 507 (47%)

Puts: 582 (53%)

Prior (09/18) 608

Calls: 253 (42%)

Puts: 355 (58%)

Current vs Prior +79.11%

Calls: +100.40% (Calls)

Puts: +63.94% (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 -96.92%

Calls: -96.77%

Puts: -97.04%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/22 9:45am) $379.9K

Calls: $267.4K (70%)

Puts: $112.4K (30%)

Prior (09/18) $259.5K

Calls: $221.4K (85%)

Puts: $38.1K (15%)

Current vs Prior +46.39%

Calls: +20.78%

Puts: +195.29%

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 -98.71%

Calls: -98.91%

Puts: -97.71%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 9:45am) 1.15

Prior (09/18) 1.40

Current vs Prior -18.19%

Prior 7-Day Average 1.25

Current vs Prior 7-Day Avg -8.21%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/22 9:45am) 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 2.04% | 3.32%5.01% | 8.18%

Prior 2.17% | 3.40%5.06% | 8.17%

Current vs Prior -5.87% | -2.46%-0.91% | +0.23%

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

Current vs 7-Day Avg -9.42% | -6.34%+99.86% | +32.92%

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

Current vs 7-Day Eod -5.87% | -2.46%-0.91% | +0.23%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 19.00% | 23.86%

Calls: 17.71% | 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 +6.74% | +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 -75.30% | -57.43%

Liquidity Expensive

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Moderately bullish flow with 70% call dollar volume ($267.4K). Above-average activity with volume up 79% vs prior. Slightly bearish P/C ratio of 1.15. Put-heavy open interest (459,127 puts vs 251,703 calls) suggests hedging or bearish positioning.

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 NEUTRAL

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
09:45	BULLISH	BEARISH	BEARISH
09:40	BULLISH	BEARISH	BEARISH
09:35	BULLISH	BEARISH	BEARISH

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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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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 48 of results (avg 7.0%, 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%	--	0.97	28
$182.00	Oct 16	14.60	15.10	$14.85	3.4%	1	0.85	53
$170.00	Oct 16	25.30	26.30	$25.80	3.9%	--	0.94	67
$165.00	Oct 16	30.10	31.30	$30.70	3.9%	2	0.96	13
$180.00	Oct 2	15.55	16.20	$15.88	4.1%	2	0.94	10

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 16	4.00	4.35	$4.18	8.4%	148	0.48	253
$210.00	Oct 16	14.30	15.80	$15.05	10.0%	--	0.92	10

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

No options available for this category

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%	--	0.92	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	6.70	7.45	$7.08	10.6%	1	0.65	161

Most actively traded options today. High liquidity = easy entry/exit. 80 active (total vol 877, top 206)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$199.00	Oct 2	1.24	1.50	$1.37	19.0%	206	0.30	58
$195.00	Sep 25	1.75	2.09	$1.92	17.7%	41	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%	24	0.12	598
$199.00	Sep 25	0.23	0.55	$0.39	82.1%	19	0.18	326

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 16	4.00	4.35	$4.18	8.4%	148	0.48	253
$190.00	Sep 25	0.30	0.46	$0.38	42.1%	87	0.15	1.4K
$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

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 6.5%, max 13.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$196.00	Sep 25	Oct 30	24.5%	22.1%	10.8%	11	244
$195.00	Sep 25	Oct 30	24.4%	22.5%	8.3%	41	846
$192.00	Sep 25	Oct 23	24.4%	22.8%	7.0%	1	466
$191.00	Sep 25	Oct 30	25.0%	23.5%	6.5%	--	459
$192.50	Sep 25	Oct 30	24.4%	23.2%	5.3%	5	65

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$195.00	Sep 25	Oct 16	24.4%	21.4%	13.7%	148	411
$192.50	Sep 25	Oct 9	24.4%	23.2%	5.2%	--	53
$191.00	Sep 25	Oct 16	25.0%	23.9%	4.8%	13	213
$192.00	Sep 25	Oct 16	24.4%	23.3%	4.6%	--	347
$193.00	Sep 25	Oct 16	23.8%	23.1%	2.7%	--	1.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 128 found (best R:R 3.17, avg 4.74)

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
$199.00	$200.00	Oct 16	$0.18	$0.82	$0.18	38%	4.56	$199.18

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$185.00	$182.00	Oct 23	$0.30	$2.70	$0.30	22%	9.00	$184.70
$195.00	$194.00	Oct 16	$0.21	$0.79	$0.21	48%	3.76	$194.79
$200.00	$195.00	Oct 2	$3.05	$1.95	$3.05	76%	0.64	$196.95
$196.00	$195.00	Sep 25	$0.33	$0.67	$0.33	57%	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. 97 found (best R:R 6.69, avg 0.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$196.00	$197.00	Oct 30	$0.87	$0.87	$0.13	51%	6.69	$196.87
$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
$205.00	$207.50	Oct 23	$0.65	$0.65	$1.85	77%	0.35	$205.65
$196.00	$197.00	Sep 25	$0.57	$0.57	$0.43	57%	1.33	$196.57

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
$195.00	$194.00	Sep 25	$0.59	$0.59	$0.41	52%	1.44	$194.41
$189.00	$188.00	Oct 16	$0.39	$0.39	$0.61	71%	0.64	$188.61
$176.00	$175.00	Oct 16	$0.19	$0.19	$0.81	91%	0.23	$175.81
$182.50	$182.00	Sep 25	$0.11	$0.11	$0.39	96%	0.28	$182.39

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $1.18, cheapest $1.06)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.18	24.4%	21.8%
$196.00	Sep 25	Oct 2	$1.22	24.5%	23.4%
$193.00	Sep 25	Oct 2	$1.00	23.8%	23.0%
$194.00	Sep 25	Oct 2	$1.11	22.3%	22.8%
$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	$1.06	24.4%	21.8%
$193.00	Sep 25	Oct 2	$1.16	23.8%	23.0%
$194.00	Sep 25	Oct 2	$1.31	22.3%	22.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 78 found (cheapest 1.78% of stock, avg 5.61%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$196.00	Sep 25	$1.40	$2.07	$3.47	$192.53	$199.47	1.78%
$195.00	Sep 25	$1.92	$1.74	$3.66	$191.34	$198.66	1.87%
$194.00	Sep 25	$2.54	$1.15	$3.69	$190.31	$197.69	1.89%
$193.00	Sep 25	$3.22	$0.89	$4.11	$188.89	$197.11	2.10%
$192.50	Sep 25	$3.63	$0.78	$4.41	$188.09	$196.91	2.26%
$192.00	Sep 25	$3.88	$0.64	$4.52	$187.48	$196.52	2.31%
$191.00	Sep 25	$4.53	$0.46	$4.99	$186.01	$195.99	2.56%
$200.00	Sep 25	$0.24	$5.25	$5.49	$194.51	$205.49	2.81%
$195.00	Oct 2	$3.10	$2.80	$5.90	$189.10	$200.90	3.02%
$190.00	Sep 25	$5.53	$0.38	$5.91	$184.09	$195.91	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	$0.89	$1.28	$191.72	$200.28
$197.00	$192.00	Sep 25	$0.83	$0.64	$1.47	$190.53	$198.47
$198.00	$193.00	Sep 25	$0.61	$0.89	$1.50	$191.50	$199.50
$197.50	$193.00	Sep 25	$0.69	$0.89	$1.58	$191.42	$199.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 166 found (best R:R 6.14, avg credit $0.64)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
190/191	199/200	Oct 2	$0.86	$0.14	40%	6.14	$190.14	$199.86
188/189	199/200	Oct 2	$0.68	$0.32	47%	2.13	$188.32	$199.68
185/186	199/200	Oct 2	$0.60	$0.40	55%	1.50	$185.40	$199.60
167/168	197/198	Sep 25	$0.24	$0.26	66%	0.92	$167.26	$197.24
182/182	197/198	Sep 25	$0.25	$0.25	64%	1.00	$182.25	$197.25
175/176	200/202	Oct 16	$1.17	$1.33	56%	0.88	$174.83	$201.17
167/168	199/200	Sep 25	$0.25	$0.75	80%	0.33	$167.25	$199.25
167/168	198/199	Sep 25	$0.32	$0.68	73%	0.47	$167.18	$198.32
178/179	199/200	Sep 25	$0.26	$0.74	79%	0.35	$178.74	$199.26
178/179	198/199	Sep 25	$0.33	$0.67	72%	0.49	$178.67	$198.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 73 found (best R:R 3.17, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$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
$210.00	$215.00	$220.00	Oct 16	$0.13	$4.87	6%	37.46
$194.00	$195.00	$196.00	Sep 25	$0.10	$0.90	18%	9.00
$198.00	$199.00	$200.00	Sep 25	$0.07	$0.93	13%	13.29

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$195.00	$200.00	$205.00	Oct 2	$1.20	$3.80	43%	3.17
$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
$178.00	$179.00	$180.00	Oct 9	$0.05	$0.95	2%	19.00
$188.00	$189.00	$190.00	Sep 25	$0.08	$0.92	6%	11.50

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 $-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
$205.00	$207.50	1:2	Oct 16	-$0.12	$2.38
$202.50	$205.00	1:2	Oct 2	-$0.01	$2.49

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	-$1.28	$3.72
$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 2.94%, avg 0.98%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$196.00	Oct 30	$5.75	0.49	0.4%	2.94%	3.33%	--	15
$200.00	Oct 30	$3.70	0.39	2.4%	1.90%	4.33%	--	72
$197.00	Oct 30	$4.70	0.47	0.9%	2.41%	3.30%	--	16
$197.50	Oct 30	$4.45	0.46	1.1%	2.28%	3.43%	--	25
$198.00	Oct 30	$4.20	0.44	1.4%	2.15%	3.56%	--	34
$199.00	Oct 30	$3.75	0.41	1.9%	1.92%	3.84%	--	11
$197.00	Oct 23	$3.95	0.45	0.9%	2.02%	2.92%	--	10
$202.50	Oct 30	$2.40	0.32	3.7%	1.23%	4.94%	5	37
$200.00	Oct 23	$2.67	0.36	2.4%	1.37%	3.80%	--	72
$205.00	Oct 30	$1.69	0.26	5.0%	0.87%	5.86%	--	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 507

Total Puts 582

Put/Call Ratio 1.15

Net Difference -75

Prior's Put/Call Breakdown

Total Calls 253

Total Puts 355

Put/Call Ratio 1.40

Net Difference -102

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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