XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$195.02 +0.09%

(9/22 09:45) ◀

Tuesday, September 22, 2026 (9:50am)

▶ (9/22 09:55)

◀ 9/22 09:50 ▶

Option Volume

Detail

ℹ

Current (09/22 9:50am) 2,472

Calls: 1,821 (74%)

Puts: 651 (26%)

Prior (09/18) 791

Calls: 381 (48%)

Puts: 410 (52%)

Current vs Prior +212.52%

Calls: +377.95% (Calls)

Puts: +58.78% (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 -93.00%

Calls: -88.39%

Puts: -96.69%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/22 9:50am) $682.9K

Calls: $555.2K (81%)

Puts: $127.7K (19%)

Prior (09/18) $401.3K

Calls: $353.6K (88%)

Puts: $47.8K (12%)

Current vs Prior +70.16%

Calls: +57.03%

Puts: +167.31%

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 -97.68%

Calls: -97.74%

Puts: -97.40%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 9:50am) 0.36

Prior (09/18) 1.08

Current vs Prior -66.78%

Prior 7-Day Average 1.25

Current vs Prior 7-Day Avg -71.41%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/22 9:50am) 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 1.96% | 3.32%4.94% | 8.06%

Prior 2.17% | 3.40%5.06% | 8.17%

Current vs Prior -9.54% | -2.35%-2.32% | -1.28%

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

Current vs 7-Day Avg -12.95% | -6.23%+97.03% | +30.91%

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

Current vs 7-Day Eod -9.54% | -2.35%-2.32% | -1.28%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 11.82% | 17.41%

Calls: 6.90% | 9.68%

Puts: 16.75% | 25.15%

Prior 17.80% | 18.15%

Calls: 17.17% | 12.23%

Puts: 18.42% | 24.07%

Current vs Prior -33.60% | -4.08%

Prior 7-Day Avg 76.93% | 56.05%

Calls: 82.47% | 58.55%

Puts: 71.38% | 53.54%

Current vs 7-Day Avg -84.64% | -68.94%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 81% of dollar volume in calls ($555.2K) vs puts ($127.7K). Elevated premium activity with dollar volume up 70% vs prior. Unusually high activity with volume up 213% vs prior - elevated interest. Extreme bullish P/C ratio of 0.36 - heavy call buying (1,821 calls vs 651 puts).

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior NEUTRAL

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
09:50	BULLISH	BULLISH	BULLISH
09:45	BULLISH	BEARISH	BEARISH
09:40	BULLISH	BEARISH	BEARISH
09:35	BULLISH	BEARISH	BEARISH

📈 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

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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 2.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 16	35.30	36.10	$35.70	2.2%	--	0.97	28
$170.00	Oct 16	25.40	26.25	$25.83	3.3%	--	0.94	67
$165.00	Oct 16	30.10	31.30	$30.70	3.9%	2	0.97	13
$179.00	Oct 16	17.15	17.85	$17.50	4.0%	--	0.88	20
$175.00	Oct 16	20.50	21.40	$20.95	4.3%	--	0.93	128

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 16	4.00	4.40	$4.20	9.5%	148	0.49	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. 2 found (avg $0.57, cheapest $0.89)

CALLS (0)

No calls meet the criteria

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$193.00	Sep 25	0.80	0.97	$0.89	19.1%	4	0.32	26
$165.00	Oct 16	0.24	0.27	$0.26	11.5%	2	0.03	6.1K

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%	--	0.93	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	0.66	161

Most actively traded options today. High liquidity = easy entry/exit. 95 active (total vol 2.2K, top 1.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$196.00	Sep 25	1.18	1.47	$1.33	21.8%	1.3K	0.41	229
$199.00	Oct 2	1.24	1.49	$1.37	18.2%	206	0.30	58
$195.00	Sep 25	1.68	1.80	$1.74	6.9%	56	0.50	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

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 16	4.00	4.40	$4.20	9.5%	148	0.49	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. 9 strikes (avg 5.4%, max 14.8%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$195.00	Sep 25	Oct 30	23.9%	22.4%	6.7%	56	846
$191.00	Sep 25	Oct 30	24.2%	23.4%	3.7%	--	459
$192.00	Sep 25	Oct 23	23.5%	22.7%	3.3%	1	466
$192.50	Sep 25	Oct 30	23.4%	23.0%	1.4%	5	65

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$195.00	Sep 25	Oct 16	24.3%	21.2%	14.8%	148	411
$190.00	Sep 25	Oct 23	26.3%	23.2%	13.0%	87	1.5K
$191.00	Sep 25	Oct 16	24.2%	23.6%	2.7%	14	213
$192.00	Sep 25	Oct 16	23.5%	23.0%	2.0%	13	347
$192.50	Sep 25	Oct 9	23.4%	23.1%	1.3%	--	53

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 126 found (best R:R 3.35, avg 4.72)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$186.00	$187.00	Oct 16	$0.55	$0.45	$0.55	78%	0.82	$186.55
$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	37%	4.56	$199.18
$191.00	$192.00	Sep 25	$0.65	$0.35	$0.65	82%	0.54	$191.65
$199.00	$200.00	Oct 30	$0.25	$0.75	$0.25	41%	3.00	$199.25

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$195.00	$194.00	Oct 16	$0.23	$0.77	$0.23	49%	3.35	$194.77
$200.00	$195.00	Oct 2	$3.08	$1.92	$3.08	76%	0.62	$196.92
$196.00	$195.00	Sep 25	$0.35	$0.65	$0.35	59%	1.86	$195.65
$185.00	$182.00	Oct 23	$0.40	$2.60	$0.40	23%	6.50	$184.60
$195.00	$194.00	Oct 2	$0.31	$0.69	$0.31	49%	2.23	$194.69

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 98 found (best R:R 5.67, avg 0.43)

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	50%	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	$1.10	$1.10	$1.40	61%	0.79	$201.10
$205.00	$207.50	Oct 23	$0.65	$0.65	$1.85	77%	0.35	$205.65
$205.00	$207.50	Oct 16	$0.52	$0.52	$1.98	80%	0.26	$205.52

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$191.00	$190.00	Oct 2	$0.44	$0.44	$0.56	70%	0.79	$190.56
$195.00	$194.00	Sep 25	$0.59	$0.59	$0.41	50%	1.44	$194.41
$176.00	$175.00	Oct 16	$0.20	$0.20	$0.80	91%	0.25	$175.80
$189.00	$188.00	Oct 16	$0.39	$0.39	$0.61	70%	0.64	$188.61
$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 $1.22, cheapest $1.03)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.36	23.9%	21.6%
$196.00	Sep 25	Oct 2	$1.29	24.7%	23.3%
$193.00	Sep 25	Oct 2	$1.03	22.7%	23.1%
$197.00	Sep 25	Oct 2	$1.37	22.6%	23.2%
$194.00	Sep 25	Oct 2	$1.19	21.2%	22.9%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.03	24.3%	21.6%
$193.00	Sep 25	Oct 2	$1.16	22.7%	23.1%
$194.00	Sep 25	Oct 2	$1.31	21.2%	22.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 78 found (cheapest 1.75% of stock, avg 5.61%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$196.00	Sep 25	$1.33	$2.09	$3.42	$192.58	$199.42	1.75%
$195.00	Sep 25	$1.74	$1.74	$3.48	$191.52	$198.48	1.78%
$194.00	Sep 25	$2.46	$1.15	$3.61	$190.39	$197.61	1.85%
$193.00	Sep 25	$3.19	$0.89	$4.08	$188.92	$197.08	2.09%
$192.50	Sep 25	$3.53	$0.77	$4.30	$188.20	$196.80	2.20%
$192.00	Sep 25	$3.88	$0.64	$4.52	$187.48	$196.52	2.32%
$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	2.82%
$195.00	Oct 2	$3.10	$2.77	$5.87	$189.13	$200.87	3.01%
$190.00	Sep 25	$5.60	$0.38	$5.98	$184.02	$195.98	3.07%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.55% of stock, avg 2.47%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$198.00	$191.00	Sep 25	$0.61	$0.46	$1.07	$189.93	$199.07
$198.00	$192.00	Sep 25	$0.61	$0.64	$1.25	$190.75	$199.25
$197.50	$191.00	Sep 25	$0.69	$0.46	$1.15	$189.85	$198.65
$197.50	$192.00	Sep 25	$0.69	$0.64	$1.33	$190.67	$198.83
$198.00	$192.50	Sep 25	$0.61	$0.77	$1.38	$191.12	$199.38
$197.00	$191.00	Sep 25	$0.83	$0.46	$1.29	$189.71	$198.29
$197.50	$192.50	Sep 25	$0.69	$0.77	$1.46	$191.04	$198.96
$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
$197.00	$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 5.67, 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	$0.85	$0.15	40%	5.67	$190.15	$199.85
170/171	199/200	Oct 2	$0.51	$0.49	66%	1.04	$170.49	$199.51
188/189	199/200	Oct 2	$0.68	$0.32	47%	2.13	$188.32	$199.68
187/188	199/200	Oct 2	$0.58	$0.42	52%	1.38	$186.92	$199.58
175/176	200/202	Oct 16	$1.18	$1.32	56%	0.89	$174.82	$201.18
185/186	199/200	Oct 2	$0.52	$0.48	56%	1.08	$185.48	$199.52
167/168	197/198	Sep 25	$0.24	$0.26	67%	0.92	$167.26	$197.24
182/182	197/198	Sep 25	$0.25	$0.25	65%	1.00	$182.25	$197.25
167/168	198/199	Sep 25	$0.32	$0.68	74%	0.47	$167.18	$198.32
167/168	199/200	Sep 25	$0.25	$0.75	81%	0.33	$167.25	$199.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 73 found (best R:R 3.27, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$210.00	$215.00	$220.00	Oct 16	$0.13	$4.87	6%	37.46
$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	12%	13.29
$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	$1.17	$3.83	44%	3.27
$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
$190.00	$191.00	$192.00	Sep 25	$0.10	$0.90	10%	9.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 138 found (best net $-1.60, 126 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	-$0.29	$2.21
$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	-$1.32	$3.68
$190.00	$185.00	1:2	Oct 23	-$0.71	$4.29
$169.00	$160.00	1:2	Oct 9	-$0.09	$8.91
$170.00	$165.00	1:2	Oct 16	-$0.06	$4.94

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 0.98%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$196.00	Oct 30	$5.70	0.49	0.5%	2.92%	3.43%	--	15
$197.00	Oct 30	$4.70	0.47	1.0%	2.41%	3.43%	--	16
$200.00	Oct 30	$3.70	0.39	2.5%	1.90%	4.45%	--	72
$197.50	Oct 30	$4.45	0.45	1.3%	2.28%	3.55%	--	25
$198.00	Oct 30	$4.20	0.44	1.5%	2.15%	3.68%	--	34
$199.00	Oct 30	$3.75	0.41	2.0%	1.92%	3.96%	--	11
$197.00	Oct 23	$3.95	0.45	1.0%	2.03%	3.04%	--	10
$202.50	Oct 30	$2.40	0.32	3.8%	1.23%	5.07%	5	37
$200.00	Oct 23	$2.67	0.36	2.5%	1.37%	3.92%	--	72
$205.00	Oct 30	$1.69	0.26	5.1%	0.87%	5.98%	--	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 1,821

Total Puts 651

Put/Call Ratio 0.36

Net Difference 1,170

Prior's Put/Call Breakdown

Total Calls 381

Total Puts 410

Put/Call Ratio 1.08

Net Difference -29

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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