XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$195.29 +0.22%

(9/22 10:00) ◀

Tuesday, September 22, 2026 (10:05am)

▶ (9/22 10:10)

◀ 9/22 10:05 ▶

Option Volume

Detail

ℹ

Current (09/22 10:05am) 4,663

Calls: 3,799 (81%)

Puts: 864 (19%)

Prior (09/18) 1,934

Calls: 1,053 (54%)

Puts: 881 (46%)

Current vs Prior +141.11%

Calls: +260.78% (Calls)

Puts: -1.93% (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 -86.80%

Calls: -75.77%

Puts: -95.60%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/22 10:05am) $1.21M

Calls: $1.04M (86%)

Puts: $167.1K (14%)

Prior (09/18) $816.2K

Calls: $710.2K (87%)

Puts: $106.0K (13%)

Current vs Prior +48.30%

Calls: +46.91%

Puts: +57.64%

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 -95.89%

Calls: -95.75%

Puts: -96.60%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 10:05am) 0.23

Prior (09/18) 0.84

Current vs Prior -72.82%

Prior 7-Day Average 1.25

Current vs Prior 7-Day Avg -81.82%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/22 10:05am) 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% | 3.36%5.05% | 7.98%

Prior 2.17% | 3.40%5.06% | 8.17%

Current vs Prior -9.88% | -1.26%-0.11% | -2.28%

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

Current vs 7-Day Avg -13.29% | -5.19%+101.49% | +29.59%

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

Current vs 7-Day Eod -9.88% | -1.26%-0.11% | -2.28%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 14.48% | 19.65%

Calls: 16.85% | 14.15%

Puts: 12.12% | 25.15%

Prior 17.80% | 18.15%

Calls: 17.17% | 12.23%

Puts: 18.42% | 24.07%

Current vs Prior -18.65% | +8.26%

Prior 7-Day Avg 76.93% | 56.05%

Calls: 82.47% | 58.55%

Puts: 71.38% | 53.54%

Current vs 7-Day Avg -81.18% | -64.94%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($1.04M) vs puts ($167.1K). Unusually high activity with volume up 141% vs prior - elevated interest. Extreme bullish P/C ratio of 0.23 - heavy call buying (3,799 calls vs 864 puts). P/C ratio dropping 73% - sentiment shifting bullish.

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
10:05	BULLISH	BULLISH	BULLISH
10:00	BULLISH	BULLISH	BULLISH
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

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High Delta

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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 62 of results (avg 6.7%, best 1.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 16	35.50	36.20	$35.85	2.0%	--	0.97	28
$164.00	Sep 25	30.60	31.60	$31.10	3.2%	1	1.00	14
$165.00	Sep 25	29.60	30.60	$30.10	3.3%	1	1.00	10
$182.00	Oct 16	14.60	15.10	$14.85	3.4%	1	0.85	53
$170.00	Oct 16	25.40	26.35	$25.88	3.7%	--	0.94	67

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Oct 16	6.75	7.35	$7.05	8.5%	1	0.65	161
$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. 4 found (avg $0.55, cheapest $0.61)

CALLS (0)

No calls meet the criteria

PUTS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$192.00	Sep 25	0.56	0.65	$0.61	14.8%	25	0.23	95
$180.00	Oct 16	0.75	0.87	$0.81	14.8%	2	0.12	1.6K
$175.00	Oct 16	0.47	0.56	$0.52	17.3%	3	0.07	3.1K
$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. 118 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	30.60	31.60	$31.10	3.2%	1	1.00	14
$165.00	Sep 25	29.60	30.60	$30.10	3.3%	1	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	6.75	7.35	$7.05	8.5%	1	0.65	161

Most actively traded options today. High liquidity = easy entry/exit. 127 active (total vol 4.3K, top 1.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$205.00	Oct 16	1.08	1.31	$1.20	19.2%	1.6K	0.20	596
$196.00	Sep 25	1.29	1.49	$1.39	14.4%	1.3K	0.43	229
$199.00	Oct 2	1.35	1.55	$1.45	13.8%	208	0.31	58
$195.00	Sep 25	1.68	1.99	$1.84	16.8%	76	0.53	777
$202.50	Oct 16	1.56	1.90	$1.73	19.7%	50	0.27	82

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 16	3.90	4.35	$4.13	10.9%	148	0.47	253
$185.00	Oct 16	1.31	1.45	$1.38	10.1%	102	0.19	4.4K
$190.00	Sep 25	0.29	0.38	$0.34	26.5%	87	0.14	1.4K
$192.00	Sep 25	0.56	0.65	$0.61	14.8%	25	0.23	95
$191.00	Sep 25	0.40	0.52	$0.46	26.1%	24	0.18	184

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 13 strikes (avg 4.9%, max 9.5%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$191.00	Sep 25	Oct 30	25.6%	23.4%	9.5%	--	459
$192.50	Sep 25	Oct 30	24.8%	22.9%	8.2%	6	65
$193.00	Sep 25	Oct 30	24.4%	22.9%	6.3%	11	75
$192.00	Sep 25	Oct 23	24.3%	23.4%	4.0%	1	466
$194.00	Sep 25	Oct 30	23.3%	22.5%	3.5%	20	217

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$192.50	Sep 25	Oct 9	24.8%	22.9%	8.2%	--	53
$191.00	Sep 25	Oct 16	25.6%	24.1%	6.0%	24	213
$196.00	Sep 25	Oct 9	23.7%	22.7%	4.3%	2	13
$193.00	Sep 25	Oct 16	24.4%	23.4%	4.1%	4	1.7K
$195.00	Sep 25	Oct 16	22.4%	21.5%	4.0%	148	411

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 138 found (best R:R 1.22, avg 4.18)

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
$186.00	$187.00	Sep 25	$0.53	$0.47	$0.53	94%	0.89	$186.53
$193.00	$195.00	Oct 23	$0.85	$1.15	$0.85	58%	1.35	$193.85
$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

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$195.00	$193.00	Oct 9	$0.49	$1.51	$0.49	48%	3.08	$194.51
$195.00	$194.00	Oct 16	$0.23	$0.77	$0.23	48%	3.35	$194.77
$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
$197.50	$196.00	Oct 9	$0.67	$0.83	$0.67	59%	1.24	$196.83

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 101 found (best R:R 6.69, avg 0.47)

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 30	$1.17	$1.17	$1.33	61%	0.88	$201.17
$199.00	$200.00	Oct 2	$0.49	$0.49	$0.51	69%	0.96	$199.49
$196.00	$197.00	Oct 9	$0.66	$0.66	$0.34	52%	1.94	$196.66
$197.00	$200.00	Oct 23	$1.41	$1.41	$1.59	54%	0.89	$198.41

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$173.00	$172.00	Oct 2	$0.30	$0.30	$0.70	94%	0.43	$172.70
$186.00	$185.00	Oct 16	$0.37	$0.37	$0.63	78%	0.59	$185.63
$181.00	$180.00	Oct 16	$0.28	$0.28	$0.72	86%	0.39	$180.72
$191.00	$190.00	Oct 2	$0.41	$0.41	$0.59	71%	0.69	$190.59
$181.00	$180.00	Oct 30	$0.29	$0.29	$0.71	82%	0.41	$180.71

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $1.32, cheapest $1.03)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$193.00	Sep 25	Oct 2	$1.03	24.4%	23.3%
$196.00	Sep 25	Oct 2	$1.23	23.7%	23.0%
$195.00	Sep 25	Oct 2	$1.34	22.4%	22.0%
$194.00	Sep 25	Oct 2	$1.15	23.3%	23.2%
$197.00	Sep 25	Oct 2	$1.35	21.3%	23.0%

PUTS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$193.00	Sep 25	Oct 2	$1.17	24.4%	23.3%
$196.00	Sep 25	Oct 9	$2.05	23.7%	22.7%
$195.00	Sep 25	Oct 2	$1.24	22.4%	22.0%
$194.00	Sep 25	Oct 2	$1.30	23.3%	23.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 81 found (cheapest 1.73% of stock, avg 5.61%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$195.00	Sep 25	$1.84	$1.53	$3.37	$191.63	$198.37	1.73%
$196.00	Sep 25	$1.39	$1.98	$3.37	$192.63	$199.37	1.73%
$194.00	Sep 25	$2.50	$1.16	$3.66	$190.34	$197.66	1.87%
$193.00	Sep 25	$3.19	$0.88	$4.07	$188.93	$197.07	2.08%
$192.50	Sep 25	$3.55	$0.76	$4.31	$188.19	$196.81	2.21%
$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	2.56%
$200.00	Sep 25	$0.24	$5.25	$5.49	$194.51	$205.49	2.81%
$195.00	Oct 2	$3.18	$2.77	$5.95	$189.05	$200.95	3.05%
$190.00	Sep 25	$5.65	$0.34	$5.99	$184.01	$195.99	3.07%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.54% of stock, avg 2.55%)

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
$198.00	$192.00	Sep 25	$0.61	$0.61	$1.22	$190.78	$199.22
$199.00	$192.50	Sep 25	$0.44	$0.76	$1.20	$191.30	$200.20
$197.50	$192.00	Sep 25	$0.69	$0.61	$1.30	$190.70	$198.80
$198.00	$192.50	Sep 25	$0.61	$0.76	$1.37	$191.13	$199.37
$197.50	$192.50	Sep 25	$0.69	$0.76	$1.45	$191.05	$198.95
$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
$197.50	$193.00	Sep 25	$0.69	$0.88	$1.57	$191.43	$199.07
$197.00	$192.00	Sep 25	$0.85	$0.61	$1.46	$190.54	$198.46

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 156 found (best R:R 0.89, avg credit $0.66)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
170/171	202/205	Oct 2	$1.18	$1.32	75%	0.89	$169.82	$203.68
170/171	200/202	Oct 2	$1.41	$1.09	65%	1.29	$169.59	$201.41
172/173	199/200	Oct 2	$0.79	$0.21	63%	3.76	$172.21	$199.79
188/189	199/200	Oct 2	$0.76	$0.24	47%	3.17	$188.24	$199.76
187/188	199/200	Oct 2	$0.66	$0.34	51%	1.94	$186.84	$199.66
185/186	199/200	Oct 2	$0.61	$0.39	55%	1.56	$185.39	$199.61
170/171	205/210	Oct 2	$1.07	$3.93	82%	0.27	$169.93	$206.07
191/192	199/200	Oct 2	$0.75	$0.25	35%	3.00	$191.25	$199.75
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

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 77 found (best R:R 3.17, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$205.00	$210.00	$215.00	Sep 25	$0.09	$4.91	4%	54.56
$200.00	$202.50	$205.00	Oct 2	$0.23	$2.27	16%	9.87
$202.50	$205.00	$207.50	Oct 30	$0.17	$2.33	12%	13.71
$205.00	$207.50	$210.00	Oct 30	$0.15	$2.35	10%	15.67
$197.00	$198.00	$199.00	Oct 9	$0.07	$0.93	9%	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	44%	3.17
$194.00	$195.00	$196.00	Sep 25	$0.08	$0.92	18%	11.50
$193.00	$194.00	$195.00	Sep 25	$0.09	$0.91	17%	10.11
$160.00	$165.00	$170.00	Oct 30	$0.11	$4.89	4%	44.45
$188.00	$189.00	$190.00	Oct 16	$0.05	$0.95	6%	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. 135 found (best net $-1.57, 121 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
$205.00	$207.50	1:2	Oct 16	-$0.16	$2.34

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	-$1.21	$3.79
$190.00	$185.00	1:2	Oct 23	-$0.63	$4.37
$169.00	$160.00	1:2	Oct 9	-$0.09	$8.91
$170.00	$165.00	1:2	Oct 16	-$0.07	$4.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 45 found (best yield 2.94%, avg 1.00%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$196.00	Oct 30	$5.75	0.49	0.4%	2.94%	3.31%	1	15
$200.00	Oct 30	$3.85	0.39	2.4%	1.97%	4.38%	23	72
$197.00	Oct 30	$4.70	0.47	0.9%	2.41%	3.28%	--	16
$197.50	Oct 30	$4.45	0.45	1.1%	2.28%	3.41%	--	25
$198.00	Oct 30	$4.20	0.44	1.4%	2.15%	3.54%	--	34
$199.00	Oct 30	$3.75	0.41	1.9%	1.92%	3.82%	--	11
$197.00	Oct 23	$3.95	0.46	0.9%	2.02%	2.90%	--	10
$202.50	Oct 30	$2.40	0.32	3.7%	1.23%	4.92%	5	37
$200.00	Oct 23	$2.67	0.37	2.4%	1.37%	3.78%	--	72
$198.00	Oct 16	$3.20	0.42	1.4%	1.64%	3.03%	--	113

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 3,799

Total Puts 864

Put/Call Ratio 0.23

Net Difference 2,935

Prior's Put/Call Breakdown

Total Calls 1,053

Total Puts 881

Put/Call Ratio 0.84

Net Difference 172

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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