XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$195.14 +0.15%

(9/22 10:35) ◀

Tuesday, September 22, 2026 (10:40am)

▶ (9/22 10:45)

◀ 9/22 10:40 ▶

Option Volume

Detail

ℹ

Current (09/22 10:40am) 13,990

Calls: 8,280 (59%)

Puts: 5,710 (41%)

Prior (09/18) 6,596

Calls: 4,131 (63%)

Puts: 2,465 (37%)

Current vs Prior +112.10%

Calls: +100.44% (Calls)

Puts: +131.64% (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 -60.39%

Calls: -47.20%

Puts: -70.92%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/22 10:40am) $14.65M

Calls: $13.66M (93%)

Puts: $982.1K (7%)

Prior (09/18) $1.97M

Calls: $1.48M (75%)

Puts: $485.6K (25%)

Current vs Prior +643.27%

Calls: +820.24%

Puts: +102.22%

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 -50.30%

Calls: -44.36%

Puts: -80.01%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 10:40am) 0.69

Prior (09/18) 0.60

Current vs Prior +15.57%

Prior 7-Day Average 1.25

Current vs Prior 7-Day Avg -44.85%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/22 10:40am) 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 1.95% | 3.31%5.01% | 8.03%

Prior 2.17% | 3.40%5.06% | 8.17%

Current vs Prior -10.30% | -2.71%-0.86% | -1.60%

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

Current vs 7-Day Avg -13.69% | -6.58%+99.96% | +30.49%

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

Current vs 7-Day Eod -10.30% | -2.71%-0.86% | -1.60%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 18.05% | 17.98%

Calls: 12.90% | 6.35%

Puts: 23.20% | 29.61%

Prior 17.80% | 18.15%

Calls: 17.17% | 12.23%

Puts: 18.42% | 24.07%

Current vs Prior +1.40% | -0.94%

Prior 7-Day Avg 76.93% | 56.05%

Calls: 82.47% | 58.55%

Puts: 71.38% | 53.54%

Current vs 7-Day Avg -76.54% | -67.92%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 93% of dollar volume in calls ($13.66M) vs puts ($982.1K). Massive premium surge with dollar volume up 643% vs prior. Unusually high activity with volume up 112% vs prior - elevated interest. Bullish P/C ratio of 0.69.

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
10:40	BULLISH	BULLISH	BULLISH
10:35	BULLISH	BULLISH	BULLISH
10:30	BULLISH	BULLISH	BULLISH
10:25	BULLISH	BULLISH	BULLISH
10:20	BULLISH	BULLISH	BULLISH
10:15	BULLISH	BULLISH	BULLISH
10:10	BULLISH	BULLISH	BULLISH
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

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 81 of results (avg 6.7%, best 1.4%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 16	35.60	36.10	$35.85	1.4%	--	0.97	28
$162.00	Sep 25	33.10	33.60	$33.35	1.5%	30	1.00	54
$162.50	Sep 25	32.60	33.20	$32.90	1.8%	48	1.00	54
$160.00	Sep 25	35.10	35.75	$35.42	1.8%	51	1.00	--
$163.00	Sep 25	32.10	32.70	$32.40	1.9%	48	1.00	19

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Oct 30	14.75	15.65	$15.20	5.9%	5	0.85	--
$200.00	Oct 16	6.70	7.25	$6.98	7.9%	1	0.65	161
$210.00	Oct 16	14.40	15.60	$15.00	8.0%	--	0.94	10
$195.00	Oct 23	4.55	4.95	$4.75	8.4%	1	0.48	1
$190.00	Oct 16	2.34	2.56	$2.45	9.0%	13	0.31	456

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.70, cheapest $0.84)

CALLS (0)

No calls meet the criteria

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$193.00	Sep 25	0.77	0.90	$0.84	15.5%	35	0.30	26
$192.50	Sep 25	0.68	0.83	$0.76	19.7%	2	0.27	42
$180.00	Oct 9	0.50	0.60	$0.55	18.2%	--	0.09	101
$176.00	Oct 16	0.50	0.61	$0.55	20.0%	10	0.08	52
$180.00	Oct 16	0.75	0.84	$0.80	11.2%	755	0.12	1.6K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 122 found (avg delta 0.80, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$162.00	Sep 25	33.10	33.60	$33.35	1.5%	30	1.00	54
$162.50	Sep 25	32.60	33.20	$32.90	1.8%	48	1.00	54
$163.00	Sep 25	32.10	32.70	$32.40	1.9%	48	1.00	19
$164.00	Sep 25	30.85	31.80	$31.33	3.0%	23	1.00	14
$165.00	Sep 25	29.60	30.80	$30.20	4.0%	1	1.00	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Oct 16	14.40	15.60	$15.00	8.0%	--	0.94	10
$205.00	Oct 2	9.30	10.90	$10.10	15.8%	--	0.92	10
$200.00	Sep 25	4.55	5.85	$5.20	25.0%	--	0.89	14
$210.00	Oct 30	14.75	15.65	$15.20	5.9%	5	0.85	--
$200.00	Oct 2	5.15	6.35	$5.75	20.9%	--	0.76	45

Most actively traded options today. High liquidity = easy entry/exit. 159 active (total vol 9.4K, top 2.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$202.50	Oct 16	1.67	1.99	$1.83	17.5%	2.0K	0.28	82
$205.00	Oct 16	1.09	1.28	$1.19	16.0%	1.7K	0.20	596
$196.00	Sep 25	1.20	1.55	$1.38	25.4%	1.3K	0.44	229
$199.00	Oct 2	1.15	1.55	$1.35	29.6%	209	0.30	58
$195.00	Sep 25	1.74	1.98	$1.86	12.9%	100	0.53	777

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 16	0.13	0.35	$0.24	91.7%	758	0.03	1.4K
$180.00	Oct 16	0.75	0.84	$0.80	11.2%	755	0.12	1.6K
$185.00	Oct 16	1.17	1.45	$1.31	21.4%	631	0.19	4.4K
$195.00	Oct 16	3.90	4.50	$4.20	14.3%	383	0.47	253
$190.00	Sep 25	0.27	0.38	$0.33	33.3%	97	0.13	1.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 5.3%, max 10.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$191.00	Sep 25	Oct 30	25.8%	23.5%	9.8%	--	459
$192.50	Sep 25	Oct 30	25.0%	23.1%	8.2%	10	65
$192.00	Sep 25	Oct 23	24.7%	23.0%	7.3%	4	466
$196.00	Sep 25	Oct 30	23.3%	21.9%	6.2%	1.3K	244
$193.00	Sep 25	Oct 30	23.9%	22.8%	5.0%	30	75

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$192.50	Sep 25	Oct 9	25.0%	22.5%	10.8%	2	53
$191.00	Sep 25	Oct 16	25.8%	24.0%	7.7%	32	213
$195.00	Sep 25	Oct 23	22.5%	21.4%	4.8%	1	159
$193.00	Sep 25	Oct 16	23.9%	22.9%	4.6%	35	1.7K
$192.00	Sep 25	Oct 16	24.7%	23.6%	4.5%	32	347

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 140 found (best R:R 0.84, avg 4.36)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$182.50	$183.00	Sep 25	$0.17	$0.33	$0.17	96%	1.94	$182.67
$184.00	$185.00	Oct 16	$0.57	$0.43	$0.57	82%	0.75	$184.57
$187.50	$188.00	Sep 25	$0.22	$0.28	$0.22	91%	1.27	$187.72
$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	74%	2.33	$187.15

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$210.00	$187.50	Oct 30	$12.23	$10.27	$12.23	85%	0.84	$197.77
$195.00	$193.00	Oct 9	$0.52	$1.48	$0.52	48%	2.85	$194.48
$195.00	$190.00	Oct 23	$1.63	$3.37	$1.63	48%	2.07	$193.37
$200.00	$195.00	Oct 2	$3.05	$1.95	$3.05	76%	0.64	$196.95
$195.00	$194.00	Oct 2	$0.26	$0.74	$0.26	48%	2.85	$194.74

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 106 found (best R:R 5.67, avg 0.48)

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 30	$1.13	$1.13	$1.37	61%	0.82	$201.13
$202.50	$205.00	Oct 9	$0.59	$0.59	$1.91	77%	0.31	$203.09
$199.00	$200.00	Oct 23	$0.56	$0.56	$0.44	60%	1.27	$199.56
$196.00	$197.00	Oct 9	$0.64	$0.64	$0.36	52%	1.78	$196.64

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$173.00	$172.00	Oct 2	$0.28	$0.28	$0.72	94%	0.39	$172.72
$172.00	$171.00	Oct 9	$0.24	$0.24	$0.76	93%	0.32	$171.76
$181.00	$180.00	Oct 30	$0.33	$0.33	$0.67	82%	0.49	$180.67
$193.00	$192.50	Oct 9	$0.34	$0.34	$0.16	60%	2.12	$192.66
$186.00	$185.00	Oct 16	$0.33	$0.33	$0.67	78%	0.49	$185.67

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $1.39, cheapest $1.19)

CALLS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.29	22.5%	21.6%
$196.00	Sep 25	Oct 2	$1.32	23.3%	23.5%
$194.00	Sep 25	Oct 2	$1.20	22.8%	23.3%
$197.00	Sep 25	Oct 2	$1.33	21.4%	22.9%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$195.00	Sep 25	Oct 2	$1.19	22.5%	21.6%
$196.00	Sep 25	Oct 9	$2.04	23.3%	22.6%
$194.00	Sep 25	Oct 2	$1.34	22.8%	23.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 83 found (cheapest 1.70% of stock, avg 5.64%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$196.00	Sep 25	$1.38	$1.94	$3.32	$192.68	$199.32	1.70%
$195.00	Sep 25	$1.86	$1.51	$3.37	$191.63	$198.37	1.73%
$194.00	Sep 25	$2.60	$1.10	$3.70	$190.30	$197.70	1.90%
$193.00	Sep 25	$3.20	$0.84	$4.04	$188.96	$197.04	2.07%
$192.50	Sep 25	$3.58	$0.76	$4.34	$188.16	$196.84	2.22%
$192.00	Sep 25	$3.88	$0.61	$4.49	$187.51	$196.49	2.30%
$191.00	Sep 25	$4.55	$0.46	$5.01	$185.99	$196.01	2.57%
$200.00	Sep 25	$0.25	$5.20	$5.45	$194.55	$205.45	2.79%
$195.00	Oct 2	$3.15	$2.70	$5.85	$189.15	$200.85	3.00%
$190.00	Sep 25	$5.75	$0.33	$6.08	$183.92	$196.08	3.12%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.54% of stock, avg 2.65%)

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	$0.58	$0.61	$1.19	$190.81	$199.19
$199.00	$192.50	Sep 25	$0.44	$0.76	$1.20	$191.30	$200.20
$197.50	$192.00	Sep 25	$0.67	$0.61	$1.28	$190.72	$198.78
$198.00	$192.50	Sep 25	$0.58	$0.76	$1.34	$191.16	$199.34
$199.00	$193.00	Sep 25	$0.44	$0.84	$1.28	$191.72	$200.28
$197.50	$192.50	Sep 25	$0.67	$0.76	$1.43	$191.07	$198.93
$198.00	$193.00	Sep 25	$0.58	$0.84	$1.42	$191.58	$199.42
$197.50	$193.00	Sep 25	$0.67	$0.84	$1.51	$191.49	$199.01
$197.00	$192.00	Sep 25	$0.87	$0.61	$1.48	$190.52	$198.48

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 158 found (best R:R 0.97, avg credit $0.68)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
170/171	202/205	Oct 2	$1.23	$1.27	75%	0.97	$169.77	$203.73
170/171	200/202	Oct 2	$1.46	$1.04	65%	1.40	$169.54	$201.46
172/173	199/200	Oct 2	$0.67	$0.33	63%	2.03	$172.33	$199.67
170/171	205/210	Oct 2	$1.12	$3.88	82%	0.29	$169.88	$206.12
181/182	199/200	Oct 2	$0.50	$0.50	61%	1.00	$181.50	$199.50
184/185	199/200	Oct 2	$0.52	$0.48	58%	1.08	$184.48	$199.52
190/191	199/200	Oct 2	$0.69	$0.31	41%	2.23	$190.31	$199.69
185/186	199/200	Oct 2	$0.54	$0.46	56%	1.17	$185.46	$199.54
171/172	202/205	Oct 9	$0.83	$1.67	70%	0.50	$171.17	$203.33
178/179	199/200	Sep 25	$0.30	$0.70	78%	0.43	$178.70	$199.30

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 76 found (best R:R 13.29, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$200.00	$202.50	$205.00	Oct 9	$0.12	$2.38	18%	19.83
$202.50	$205.00	$207.50	Oct 16	$0.13	$2.37	14%	18.23
$200.00	$202.50	$205.00	Oct 16	$0.21	$2.29	16%	10.90
$200.00	$202.50	$205.00	Oct 2	$0.23	$2.27	16%	9.87
$205.00	$207.50	$210.00	Oct 30	$0.15	$2.35	10%	15.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$185.00	$190.00	$195.00	Oct 23	$0.35	$4.65	26%	13.29
$195.00	$200.00	$205.00	Oct 2	$1.30	$3.70	44%	2.85
$189.00	$190.00	$191.00	Sep 25	$0.06	$0.94	7%	15.67
$180.00	$181.00	$182.00	Oct 2	$0.05	$0.95	3%	19.00
$184.00	$185.00	$186.00	Oct 9	$0.07	$0.93	4%	13.29

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 $-1.40, 123 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$202.50	$205.00	1:2	Oct 9	$0.00	$2.50
$200.00	$202.50	1:2	Oct 2	-$0.02	$2.48
$202.50	$205.00	1:2	Oct 2	-$0.01	$2.49
$207.50	$210.00	1:2	Oct 16	-$0.02	$2.48
$205.00	$207.50	1:2	Oct 16	-$0.17	$2.33

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$205.00	$200.00	1:2	Oct 2	-$1.40	$3.60
$200.00	$195.00	1:2	Oct 16	-$1.42	$3.58
$190.00	$185.00	1:2	Oct 23	-$0.56	$4.44
$195.00	$190.00	1:2	Oct 23	-$1.49	$3.51
$170.00	$165.00	1:2	Oct 16	-$0.02	$4.98

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 46 found (best yield 2.92%, avg 1.03%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$196.00	Oct 30	$5.70	0.49	0.4%	2.92%	3.36%	1	15
$200.00	Oct 30	$3.80	0.39	2.5%	1.95%	4.44%	58	72
$197.00	Oct 30	$4.70	0.47	0.9%	2.41%	3.36%	--	16
$197.50	Oct 30	$4.45	0.46	1.2%	2.28%	3.49%	--	25
$198.00	Oct 30	$4.20	0.44	1.5%	2.15%	3.62%	--	34
$199.00	Oct 30	$3.75	0.41	2.0%	1.92%	3.90%	--	11
$199.00	Oct 23	$3.40	0.40	2.0%	1.74%	3.72%	1	7
$202.50	Oct 30	$2.50	0.32	3.8%	1.28%	5.05%	5	37
$197.00	Oct 23	$3.95	0.46	0.9%	2.02%	2.98%	--	10
$197.00	Oct 16	$3.75	0.46	0.9%	1.92%	2.87%	28	294

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 8,280

Total Puts 5,710

Put/Call Ratio 0.69

Net Difference 2,570

Prior's Put/Call Breakdown

Total Calls 4,131

Total Puts 2,465

Put/Call Ratio 0.60

Net Difference 1,666

Prior 7-Day Put/Call Summary

Total Calls 109,774

Total Puts 137,471

Average Put/Call Ratio 1.25

Ratio Trend Rising

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

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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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