XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$194.93 +0.04%

(9/22 10:40) ◀

Tuesday, September 22, 2026 (10:45am)

▶ (9/22 10:50)

◀ 9/22 10:45 ▶

Option Volume

Detail

ℹ

Current (09/22 10:45am) 14,635

Calls: 8,766 (60%)

Puts: 5,869 (40%)

Prior (09/18) 6,751

Calls: 4,225 (63%)

Puts: 2,526 (37%)

Current vs Prior +116.78%

Calls: +107.48% (Calls)

Puts: +132.34% (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 -58.57%

Calls: -44.10%

Puts: -70.12%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/22 10:45am) $15.86M

Calls: $14.81M (93%)

Puts: $1.04M (7%)

Prior (09/18) $2.10M

Calls: $1.53M (73%)

Puts: $567.8K (27%)

Current vs Prior +656.67%

Calls: +869.49%

Puts: +84.03%

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 -46.19%

Calls: -39.68%

Puts: -78.73%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 10:45am) 0.67

Prior (09/18) 0.60

Current vs Prior +11.98%

Prior 7-Day Average 1.25

Current vs Prior 7-Day Avg -46.46%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/22 10:45am) 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 2.10% | 3.33%4.93% | 7.96%

Prior 2.17% | 3.40%5.06% | 8.17%

Current vs Prior -3.11% | -2.00%-2.57% | -2.55%

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

Current vs 7-Day Avg -6.77% | -5.89%+96.52% | +29.23%

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

Current vs 7-Day Eod -3.11% | -2.00%-2.57% | -2.55%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 24.17% | 15.16%

Calls: 29.72% | 18.67%

Puts: 18.63% | 11.64%

Prior 17.80% | 18.15%

Calls: 17.17% | 12.23%

Puts: 18.42% | 24.07%

Current vs Prior +35.79% | -16.47%

Prior 7-Day Avg 76.93% | 56.05%

Calls: 82.47% | 58.55%

Puts: 71.38% | 53.54%

Current vs 7-Day Avg -68.58% | -72.95%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 93% of dollar volume in calls ($14.81M) vs puts ($1.04M). Massive premium surge with dollar volume up 657% vs prior. Unusually high activity with volume up 117% vs prior - elevated interest. Bullish P/C ratio of 0.67.

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
10:45	BULLISH	BULLISH	BULLISH
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 73 of results (avg 6.9%, best 2.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 16	35.40	36.10	$35.75	2.0%	--	0.97	28
$162.00	Sep 25	32.85	33.60	$33.23	2.3%	39	1.00	54
$162.50	Sep 25	32.35	33.15	$32.75	2.4%	57	1.00	54
$160.00	Sep 25	34.85	35.75	$35.30	2.5%	80	1.00	--
$163.00	Sep 25	31.85	32.70	$32.28	2.6%	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	0.84	--
$195.00	Oct 16	4.00	4.30	$4.15	7.2%	444	0.48	253
$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

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.65, cheapest $0.48)

CALLS (0)

No calls meet the criteria

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$191.00	Sep 25	0.43	0.52	$0.48	18.8%	47	0.18	184
$192.50	Sep 25	0.68	0.83	$0.76	19.7%	2	0.28	42
$193.00	Sep 25	0.80	0.94	$0.87	16.1%	35	0.31	26
$185.00	Oct 2	0.46	0.55	$0.51	17.6%	2	0.12	325
$180.00	Oct 9	0.50	0.60	$0.55	18.2%	--	0.09	101

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	32.85	33.60	$33.23	2.3%	39	1.00	54
$162.50	Sep 25	32.35	33.15	$32.75	2.4%	57	1.00	54
$163.00	Sep 25	31.85	32.70	$32.28	2.6%	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%	--	0.93	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	0.84	--
$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. 166 active (total vol 9.8K, top 2.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$202.50	Oct 16	1.57	1.99	$1.78	23.6%	2.0K	0.27	82
$205.00	Oct 16	1.04	1.28	$1.16	20.7%	1.7K	0.20	596
$196.00	Sep 25	1.12	1.27	$1.20	12.5%	1.3K	0.41	229
$199.00	Oct 2	1.15	1.55	$1.35	29.6%	209	0.30	58
$198.00	Oct 16	3.15	3.50	$3.33	10.5%	129	0.42	113

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Oct 16	0.75	0.88	$0.82	15.9%	764	0.12	1.6K
$160.00	Oct 16	0.13	0.35	$0.24	91.7%	758	0.03	1.4K
$185.00	Oct 16	1.33	1.48	$1.41	10.6%	631	0.20	4.4K
$195.00	Oct 16	4.00	4.30	$4.15	7.2%	444	0.48	253
$190.00	Sep 25	0.31	0.39	$0.35	22.9%	97	0.14	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. 12 strikes (avg 5.2%, max 9.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$191.00	Sep 25	Oct 30	25.4%	23.1%	9.8%	--	459
$192.50	Sep 25	Oct 30	24.0%	22.6%	6.4%	10	65
$193.00	Sep 25	Oct 30	23.5%	22.3%	5.3%	31	75
$192.00	Sep 25	Oct 23	24.4%	23.4%	4.5%	4	466
$194.00	Sep 25	Oct 30	22.8%	22.1%	3.3%	24	217

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$191.00	Sep 25	Oct 16	25.4%	23.8%	6.5%	47	213
$192.50	Sep 25	Oct 9	24.0%	22.6%	6.2%	2	53
$195.00	Sep 25	Oct 23	22.5%	21.2%	5.9%	4	159
$192.00	Sep 25	Oct 16	24.4%	23.2%	5.2%	32	347
$193.00	Sep 25	Oct 16	23.5%	22.5%	4.6%	35	1.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 137 found (best R:R 0.84, avg 4.60)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$187.00	$187.50	Oct 23	$0.15	$0.35	$0.15	74%	2.33	$187.15
$187.50	$188.00	Sep 25	$0.25	$0.25	$0.25	92%	1.00	$187.75
$193.00	$194.00	Sep 25	$0.44	$0.56	$0.44	69%	1.27	$193.44
$192.50	$193.00	Oct 2	$0.18	$0.32	$0.18	65%	1.78	$192.68
$195.00	$196.00	Oct 30	$0.37	$0.63	$0.37	51%	1.70	$195.37

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	84%	0.84	$197.77
$195.00	$190.00	Oct 23	$1.57	$3.43	$1.57	48%	2.18	$193.43
$200.00	$195.00	Oct 2	$3.00	$2.00	$3.00	76%	0.67	$197.00
$195.00	$193.00	Oct 9	$0.62	$1.38	$0.62	49%	2.23	$194.38
$195.00	$194.00	Oct 16	$0.25	$0.75	$0.25	48%	3.00	$194.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 110 found (best R:R 3.00, avg 0.46)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$196.00	$197.00	Oct 30	$0.75	$0.75	$0.25	51%	3.00	$196.75
$195.00	$196.00	Oct 16	$0.70	$0.70	$0.30	48%	2.33	$195.70
$200.00	$202.50	Oct 30	$1.05	$1.05	$1.45	61%	0.72	$201.05
$200.00	$202.50	Oct 9	$0.80	$0.80	$1.70	68%	0.47	$200.80
$207.50	$210.00	Oct 16	$0.34	$0.34	$2.16	87%	0.16	$207.84

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$181.00	$180.00	Oct 30	$0.43	$0.43	$0.57	81%	0.75	$180.57
$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
$182.00	$181.00	Oct 23	$0.31	$0.31	$0.69	82%	0.45	$181.69
$184.00	$183.00	Oct 16	$0.31	$0.31	$0.69	82%	0.45	$183.69

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $1.35, cheapest $1.11)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$193.00	Sep 25	Oct 2	$1.42	23.5%	22.4%
$195.00	Sep 25	Oct 2	$1.30	22.5%	21.4%
$194.00	Sep 25	Oct 2	$1.26	22.8%	22.9%
$197.00	Sep 25	Oct 2	$1.28	22.6%	23.1%
$196.00	Sep 25	Oct 2	$1.39	22.0%	23.2%

PUTS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$193.00	Sep 25	Oct 2	$1.11	23.5%	22.4%
$195.00	Sep 25	Oct 2	$1.14	22.5%	21.4%
$194.00	Sep 25	Oct 2	$1.28	22.8%	22.9%
$196.00	Sep 25	Oct 9	$1.97	22.0%	22.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 84 found (cheapest 1.65% of stock, avg 5.66%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$196.00	Sep 25	$1.20	$2.01	$3.21	$192.79	$199.21	1.65%
$195.00	Sep 25	$1.75	$1.61	$3.36	$191.64	$198.36	1.72%
$194.00	Sep 25	$2.49	$1.19	$3.68	$190.32	$197.68	1.89%
$193.00	Sep 25	$2.93	$0.87	$3.80	$189.20	$196.80	1.95%
$192.50	Sep 25	$3.47	$0.76	$4.23	$188.27	$196.73	2.17%
$192.00	Sep 25	$3.88	$0.65	$4.53	$187.47	$196.53	2.32%
$191.00	Sep 25	$4.55	$0.48	$5.03	$185.97	$196.03	2.58%
$200.00	Sep 25	$0.24	$5.20	$5.44	$194.56	$205.44	2.79%
$195.00	Oct 2	$3.05	$2.75	$5.80	$189.20	$200.80	2.98%
$190.00	Sep 25	$5.60	$0.35	$5.95	$184.05	$195.95	3.05%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.54% of stock, avg 2.66%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$199.00	$192.00	Sep 25	$0.41	$0.65	$1.06	$190.94	$200.06
$198.00	$192.00	Sep 25	$0.57	$0.65	$1.22	$190.78	$199.22
$199.00	$192.50	Sep 25	$0.41	$0.76	$1.17	$191.33	$200.17
$198.00	$192.50	Sep 25	$0.57	$0.76	$1.33	$191.17	$199.33
$197.50	$192.00	Sep 25	$0.68	$0.65	$1.33	$190.67	$198.83
$197.50	$192.50	Sep 25	$0.68	$0.76	$1.44	$191.06	$198.94
$199.00	$193.00	Sep 25	$0.41	$0.87	$1.28	$191.72	$200.28
$198.00	$193.00	Sep 25	$0.57	$0.87	$1.44	$191.56	$199.44
$197.50	$193.00	Sep 25	$0.68	$0.87	$1.55	$191.45	$199.05
$197.00	$192.00	Sep 25	$0.88	$0.65	$1.53	$190.47	$198.53

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 173 found (best R:R 1.03, avg credit $0.64)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
170/171	202/205	Oct 2	$1.27	$1.23	75%	1.03	$169.73	$203.77
170/171	200/202	Oct 2	$1.47	$1.03	65%	1.43	$169.53	$201.47
172/173	199/200	Oct 2	$0.62	$0.38	64%	1.63	$172.38	$199.62
170/171	205/210	Oct 2	$1.12	$3.88	82%	0.29	$169.88	$206.12
172/173	198/199	Oct 2	$0.59	$0.41	59%	1.44	$172.41	$198.59
188/189	199/200	Oct 2	$0.65	$0.35	47%	1.86	$188.35	$199.65
175/176	199/200	Oct 2	$0.45	$0.55	66%	0.82	$175.55	$199.45
171/172	200/202	Oct 9	$1.04	$1.46	62%	0.71	$170.96	$201.04
184/185	199/200	Oct 2	$0.49	$0.51	58%	0.96	$184.51	$199.49
190/191	199/200	Oct 2	$0.66	$0.34	41%	1.94	$190.34	$199.66

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 82 found (best R:R 16.24, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$202.50	$205.00	$207.50	Oct 23	$0.07	$2.43	12%	34.71
$193.00	$195.00	$197.00	Oct 23	$0.09	$1.91	12%	21.22
$202.50	$205.00	$207.50	Oct 16	$0.15	$2.35	14%	15.67
$200.00	$202.50	$205.00	Oct 2	$0.20	$2.30	17%	11.50
$205.00	$207.50	$210.00	Oct 16	$0.13	$2.37	12%	18.23

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$185.00	$190.00	$195.00	Oct 23	$0.29	$4.71	26%	16.24
$195.00	$200.00	$205.00	Oct 2	$1.35	$3.65	44%	2.70
$193.00	$194.00	$195.00	Sep 25	$0.10	$0.90	18%	9.00
$180.00	$181.00	$182.00	Oct 2	$0.05	$0.95	3%	19.00
$189.00	$190.00	$191.00	Sep 25	$0.08	$0.92	7%	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. 133 found (best net $-1.40, 118 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$200.00	$202.50	1:2	Oct 2	-$0.05	$2.45
$200.00	$202.50	1:2	Oct 9	-$0.29	$2.21
$202.50	$205.00	1:2	Oct 9	-$0.15	$2.35
$207.50	$210.00	1:2	Oct 16	-$0.01	$2.49
$205.00	$207.50	1:2	Oct 16	-$0.22	$2.28

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	-$1.32	$3.68
$190.00	$185.00	1:2	Oct 23	-$0.62	$4.38
$195.00	$190.00	1:2	Oct 23	-$1.61	$3.39
$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. 52 found (best yield 3.10%, avg 1.16%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$195.00	Oct 30	$6.05	0.51	0.0%	3.10%	3.14%	22	69
$196.00	Oct 30	$5.50	0.49	0.6%	2.82%	3.37%	2	15
$198.00	Oct 30	$4.35	0.44	1.6%	2.23%	3.81%	--	34
$200.00	Oct 30	$3.75	0.39	2.6%	1.92%	4.52%	58	72
$197.00	Oct 30	$4.70	0.46	1.1%	2.41%	3.47%	--	16
$197.50	Oct 30	$4.45	0.45	1.3%	2.28%	3.60%	--	25
$199.00	Oct 30	$3.85	0.41	2.1%	1.98%	4.06%	--	11
$195.00	Oct 23	$5.25	0.52	0.0%	2.69%	2.73%	5	133
$199.00	Oct 23	$3.40	0.40	2.1%	1.74%	3.83%	1	7
$197.00	Oct 23	$4.05	0.46	1.1%	2.08%	3.14%	--	10

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 8,766

Total Puts 5,869

Put/Call Ratio 0.67

Net Difference 2,897

Prior's Put/Call Breakdown

Total Calls 4,225

Total Puts 2,526

Put/Call Ratio 0.60

Net Difference 1,699

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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