XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$195.41 +0.28%

(9/22 09:50) ◀

Tuesday, September 22, 2026 (9:55am)

▶ (9/22 10:00)

◀ 9/22 09:55 ▶

Option Volume

Detail

ℹ

Current (09/22 9:55am) 4,313

Calls: 3,632 (84%)

Puts: 681 (16%)

Prior (09/18) 1,318

Calls: 832 (63%)

Puts: 486 (37%)

Current vs Prior +227.24%

Calls: +336.54% (Calls)

Puts: +40.12% (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 -87.79%

Calls: -76.84%

Puts: -96.53%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/22 9:55am) $938.6K

Calls: $808.0K (86%)

Puts: $130.6K (14%)

Prior (09/18) $607.2K

Calls: $550.1K (91%)

Puts: $57.1K (9%)

Current vs Prior +54.60%

Calls: +46.89%

Puts: +128.83%

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 -96.81%

Calls: -96.71%

Puts: -97.34%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 9:55am) 0.19

Prior (09/18) 0.58

Current vs Prior -67.90%

Prior 7-Day Average 1.25

Current vs Prior 7-Day Avg -85.01%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/22 9:55am) 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 2.01% | 3.34%5.03% | 7.97%

Prior 2.17% | 3.40%5.06% | 8.17%

Current vs Prior -7.59% | -1.79%-0.49% | -2.36%

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

Current vs 7-Day Avg -11.08% | -5.69%+100.72% | +29.49%

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

Current vs 7-Day Eod -7.59% | -1.79%-0.49% | -2.36%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 17.83% | 18.92%

Calls: 17.39% | 12.70%

Puts: 18.27% | 25.15%

Prior 17.80% | 18.15%

Calls: 17.17% | 12.23%

Puts: 18.42% | 24.07%

Current vs Prior +0.17% | +4.24%

Prior 7-Day Avg 76.93% | 56.05%

Calls: 82.47% | 58.55%

Puts: 71.38% | 53.54%

Current vs 7-Day Avg -76.82% | -66.24%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($808.0K) vs puts ($130.6K). Elevated premium activity with dollar volume up 55% vs prior. Unusually high activity with volume up 227% vs prior - elevated interest. Extreme bullish P/C ratio of 0.19 - heavy call buying (3,632 calls vs 681 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 BULLISH

7-Day Avg NEUTRAL

Current BULLISH

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
09:55	BULLISH	BULLISH	BULLISH
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

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 55 of results (avg 7.1%, best 2.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 16	35.40	36.15	$35.78	2.1%	--	1.00	28
$182.00	Oct 16	14.60	15.05	$14.83	3.0%	1	0.85	53
$170.00	Oct 16	25.40	26.35	$25.88	3.7%	--	0.93	67
$165.00	Oct 16	30.10	31.30	$30.70	3.9%	2	0.94	13
$179.00	Oct 16	17.15	17.85	$17.50	4.0%	--	0.88	20

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. 2 found (avg $0.43, cheapest $0.61)

CALLS (0)

No calls meet the criteria

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$192.00	Sep 25	0.56	0.65	$0.61	14.8%	13	0.23	95
$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. 112 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	1.00	54
$162.50	Sep 25	31.75	33.45	$32.60	5.2%	1	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
$210.00	Oct 16	14.30	15.80	$15.05	10.0%	--	0.92	10
$205.00	Oct 2	9.35	10.90	$10.13	15.3%	--	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. 109 active (total vol 4.0K, top 1.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$205.00	Oct 16	1.03	1.31	$1.17	23.9%	1.6K	0.20	596
$196.00	Sep 25	1.18	1.47	$1.33	21.8%	1.3K	0.42	229
$199.00	Oct 2	1.35	1.49	$1.42	9.9%	206	0.31	58
$195.00	Sep 25	1.68	2.00	$1.84	17.4%	76	0.52	777
$202.50	Oct 16	1.55	1.89	$1.72	19.8%	48	0.27	82

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	0.38	$0.34	23.5%	87	0.14	1.4K
$191.00	Sep 25	0.40	0.52	$0.46	26.1%	24	0.18	184
$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

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 3.5%, max 8.6%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$191.00	Sep 25	Oct 30	25.0%	23.4%	6.9%	--	459
$195.00	Sep 25	Oct 30	23.4%	22.4%	4.7%	76	846
$193.00	Sep 25	Oct 30	23.6%	22.9%	3.1%	1	75
$192.00	Sep 25	Oct 23	23.7%	23.5%	0.9%	1	466
$199.00	Sep 25	Oct 30	23.3%	23.2%	0.1%	37	337

PUTS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$195.00	Sep 25	Oct 16	23.4%	21.6%	8.6%	148	411
$191.00	Sep 25	Oct 16	25.0%	24.0%	4.2%	24	213
$193.00	Sep 25	Oct 16	23.6%	23.2%	1.7%	4	1.7K
$192.00	Sep 25	Oct 16	23.7%	23.4%	1.3%	13	347

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 133 found (best R:R 1.22, avg 4.37)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$177.00	$178.00	Oct 16	$0.45	$0.55	$0.45	90%	1.22	$177.45
$193.00	$195.00	Oct 23	$0.80	$1.20	$0.80	58%	1.50	$193.80
$186.00	$187.00	Oct 16	$0.55	$0.45	$0.55	78%	0.82	$186.55
$199.00	$200.00	Oct 30	$0.18	$0.82	$0.18	41%	4.56	$199.18
$187.00	$187.50	Oct 23	$0.15	$0.35	$0.15	73%	2.33	$187.15

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$197.50	$193.00	Oct 9	$1.84	$2.66	$1.84	59%	1.45	$195.66
$195.00	$194.00	Oct 16	$0.21	$0.79	$0.21	48%	3.76	$194.79
$185.00	$182.00	Oct 23	$0.36	$2.64	$0.36	22%	7.33	$184.64
$200.00	$195.00	Oct 2	$3.08	$1.92	$3.08	76%	0.62	$196.92
$195.00	$194.00	Oct 2	$0.31	$0.69	$0.31	48%	2.23	$194.69

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 102 found (best R:R 5.25, avg 0.50)

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 30	$1.17	$1.17	$1.33	61%	0.88	$201.17
$215.00	$220.00	Oct 16	$0.36	$0.36	$4.64	92%	0.08	$215.36
$196.00	$197.00	Oct 9	$0.68	$0.68	$0.32	52%	2.12	$196.68
$205.00	$207.50	Oct 23	$0.65	$0.65	$1.85	76%	0.35	$205.65

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$171.00	$170.00	Oct 2	$0.84	$0.84	$0.16	90%	5.25	$170.16
$173.00	$172.00	Oct 2	$0.30	$0.30	$0.70	94%	0.43	$172.70
$191.00	$190.00	Oct 2	$0.44	$0.44	$0.56	70%	0.79	$190.56
$185.00	$184.00	Oct 9	$0.30	$0.30	$0.70	83%	0.43	$184.70
$181.00	$180.00	Oct 16	$0.27	$0.27	$0.73	86%	0.37	$180.73

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $1.25, cheapest $1.10)

CALLS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.31	23.4%	21.9%
$196.00	Sep 25	Oct 2	$1.29	23.5%	23.1%
$194.00	Sep 25	Oct 2	$1.19	22.5%	23.1%
$197.00	Sep 25	Oct 2	$1.37	21.7%	23.1%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.10	23.4%	21.9%
$193.00	Sep 25	Oct 2	$1.17	23.6%	23.2%
$194.00	Sep 25	Oct 2	$1.30	22.5%	23.1%

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	$2.08	$3.41	$192.59	$199.41	1.75%
$195.00	Sep 25	$1.84	$1.67	$3.51	$191.49	$198.51	1.80%
$194.00	Sep 25	$2.46	$1.16	$3.62	$190.38	$197.62	1.85%
$193.00	Sep 25	$3.19	$0.88	$4.07	$188.93	$197.07	2.08%
$192.50	Sep 25	$3.53	$0.67	$4.20	$188.30	$196.70	2.15%
$192.00	Sep 25	$3.88	$0.61	$4.49	$187.51	$196.49	2.30%
$191.00	Sep 25	$4.53	$0.46	$4.99	$186.01	$195.99	2.55%
$200.00	Sep 25	$0.24	$5.25	$5.49	$194.51	$205.49	2.81%
$195.00	Oct 2	$3.15	$2.77	$5.92	$189.08	$200.92	3.03%
$190.00	Sep 25	$5.63	$0.34	$5.97	$184.03	$195.97	3.06%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.54% of stock, avg 2.52%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$199.00	$192.00	Sep 25	$0.44	$0.61	$1.05	$190.95	$200.05
$199.00	$192.50	Sep 25	$0.44	$0.67	$1.11	$191.39	$200.11
$198.00	$192.00	Sep 25	$0.61	$0.61	$1.22	$190.78	$199.22
$198.00	$192.50	Sep 25	$0.61	$0.67	$1.28	$191.22	$199.28
$197.50	$192.00	Sep 25	$0.69	$0.61	$1.30	$190.70	$198.80
$197.50	$192.50	Sep 25	$0.69	$0.67	$1.36	$191.14	$198.86
$199.00	$193.00	Sep 25	$0.44	$0.88	$1.32	$191.68	$200.32
$198.00	$193.00	Sep 25	$0.61	$0.88	$1.49	$191.51	$199.49
$197.00	$192.00	Sep 25	$0.83	$0.61	$1.44	$190.56	$198.44
$197.00	$192.50	Sep 25	$0.83	$0.67	$1.50	$191.00	$198.50

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 161 found (best R:R 0.76, avg credit $0.65)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
170/171	202/205	Oct 2	$1.08	$1.42	76%	0.76	$169.92	$203.58
170/171	200/202	Oct 2	$1.31	$1.19	66%	1.10	$169.69	$201.31
172/173	199/200	Oct 2	$0.76	$0.24	63%	3.17	$172.24	$199.76
190/191	199/200	Oct 2	$0.90	$0.10	40%	9.00	$190.10	$199.90
188/189	199/200	Oct 2	$0.73	$0.27	47%	2.70	$188.27	$199.73
187/188	199/200	Oct 2	$0.63	$0.37	51%	1.70	$186.87	$199.63
185/186	199/200	Oct 2	$0.58	$0.42	55%	1.38	$185.42	$199.58
167/168	199/200	Sep 25	$0.30	$0.70	79%	0.43	$167.20	$199.30
178/179	199/200	Sep 25	$0.31	$0.69	78%	0.45	$178.69	$199.31
182/182	199/200	Sep 25	$0.31	$0.69	77%	0.45	$182.19	$199.31

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 78 found (best R:R 3.17, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$202.50	$205.00	$207.50	Oct 16	$0.06	$2.44	13%	40.67
$205.00	$210.00	$215.00	Sep 25	$0.09	$4.91	4%	54.56
$194.00	$195.00	$196.00	Sep 25	$0.11	$0.89	19%	8.09
$205.00	$207.50	$210.00	Oct 16	$0.16	$2.34	12%	14.63
$193.00	$194.00	$195.00	Sep 25	$0.11	$0.89	18%	8.09

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 30	$0.11	$4.89	4%	44.45
$189.00	$190.00	$191.00	Oct 16	$0.06	$0.94	6%	15.67
$178.00	$179.00	$180.00	Oct 9	$0.05	$0.95	2%	19.00
$170.00	$171.00	$172.00	Oct 23	$0.06	$0.94	2%	15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 135 found (best net $-1.57, 122 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
$202.50	$205.00	1:2	Oct 2	-$0.01	$2.49
$207.50	$210.00	1:2	Oct 16	-$0.02	$2.48

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$205.00	$200.00	1:2	Oct 2	-$1.57	$3.43
$200.00	$195.00	1:2	Oct 16	-$1.28	$3.72
$197.50	$193.00	1:2	Oct 9	-$1.02	$3.48
$190.00	$185.00	1:2	Oct 23	-$0.63	$4.37
$169.00	$160.00	1:2	Oct 9	-$0.09	$8.91

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 44 found (best yield 2.92%, avg 1.01%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$196.00	Oct 30	$5.70	0.49	0.3%	2.92%	3.22%	--	15
$200.00	Oct 30	$3.85	0.39	2.4%	1.97%	4.32%	23	72
$197.00	Oct 30	$4.70	0.47	0.8%	2.41%	3.22%	--	16
$197.50	Oct 30	$4.45	0.45	1.1%	2.28%	3.35%	--	25
$198.00	Oct 30	$4.20	0.44	1.3%	2.15%	3.47%	--	34
$199.00	Oct 30	$3.75	0.41	1.8%	1.92%	3.76%	--	11
$197.00	Oct 23	$3.95	0.46	0.8%	2.02%	2.84%	--	10
$202.50	Oct 30	$2.40	0.32	3.6%	1.23%	4.86%	5	37
$200.00	Oct 23	$2.67	0.37	2.4%	1.37%	3.72%	--	72
$199.00	Oct 16	$2.80	0.39	1.8%	1.43%	3.27%	1	624

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 3,632

Total Puts 681

Put/Call Ratio 0.19

Net Difference 2,951

Prior's Put/Call Breakdown

Total Calls 832

Total Puts 486

Put/Call Ratio 0.58

Net Difference 346

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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