XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$195.14 +0.15%

(9/22 10:45) ◀

Tuesday, September 22, 2026 (10:50am)

▶ (9/22 10:55)

◀ 9/22 10:50 ▶

Option Volume

Detail

ℹ

Current (09/22 10:50am) 15,978

Calls: 10,065 (63%)

Puts: 5,913 (37%)

Prior (09/18) 7,136

Calls: 4,289 (60%)

Puts: 2,847 (40%)

Current vs Prior +123.91%

Calls: +134.67% (Calls)

Puts: +107.69% (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 -54.76%

Calls: -35.82%

Puts: -69.89%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/22 10:50am) $17.38M

Calls: $16.33M (94%)

Puts: $1.05M (6%)

Prior (09/18) $2.49M

Calls: $1.59M (64%)

Puts: $905.1K (36%)

Current vs Prior +597.42%

Calls: +928.64%

Puts: +16.56%

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 -41.02%

Calls: -33.51%

Puts: -78.53%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 10:50am) 0.59

Prior (09/18) 0.66

Current vs Prior -11.50%

Prior 7-Day Average 1.25

Current vs Prior 7-Day Avg -53.02%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/22 10:50am) 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 1.90% | 3.22%4.92% | 7.96%

Prior 2.17% | 3.40%5.06% | 8.17%

Current vs Prior -12.66% | -5.27%-2.68% | -2.53%

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

Current vs 7-Day Avg -15.96% | -9.03%+96.29% | +29.25%

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

Current vs 7-Day Eod -12.66% | -5.27%-2.68% | -2.53%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 26.12% | 19.37%

Calls: 21.89% | 13.11%

Puts: 30.35% | 25.62%

Prior 17.80% | 18.15%

Calls: 17.17% | 12.23%

Puts: 18.42% | 24.07%

Current vs Prior +46.74% | +6.72%

Prior 7-Day Avg 76.93% | 56.05%

Calls: 82.47% | 58.55%

Puts: 71.38% | 53.54%

Current vs 7-Day Avg -66.05% | -65.44%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 94% of dollar volume in calls ($16.33M) vs puts ($1.05M). Massive premium surge with dollar volume up 597% vs prior. Unusually high activity with volume up 124% vs prior - elevated interest. Bullish P/C ratio of 0.59.

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
10:50	BULLISH	BULLISH	BULLISH
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 67 of results (avg 6.6%, best 1.8%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Oct 16	35.40	36.05	$35.72	1.8%	--	0.97	28
$185.00	Oct 16	11.85	12.15	$12.00	2.5%	11	0.81	3.9K
$162.00	Sep 25	32.75	33.60	$33.17	2.6%	44	1.00	54
$162.50	Sep 25	32.25	33.15	$32.70	2.8%	62	1.00	54
$165.00	Oct 16	30.35	31.20	$30.78	2.8%	2	0.97	13

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 16	4.05	4.20	$4.13	3.6%	451	0.48	253
$195.00	Oct 9	3.40	3.65	$3.53	7.1%	6	0.48	3
$210.00	Oct 30	14.75	15.90	$15.33	7.5%	5	0.84	--
$200.00	Oct 16	6.70	7.25	$6.98	7.9%	1	0.65	161
$198.00	Oct 30	6.65	7.20	$6.93	7.9%	1	0.56	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.70, 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	0.19	184
$192.50	Sep 25	0.68	0.83	$0.76	19.7%	2	0.28	42
$193.00	Sep 25	0.80	0.96	$0.88	18.2%	35	0.32	26
$188.00	Oct 2	0.76	0.90	$0.83	16.9%	1	0.18	14
$180.00	Oct 9	0.50	0.58	$0.54	14.8%	1	0.09	101

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 123 found (avg delta 0.80, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Sep 25	34.75	35.75	$35.25	2.8%	80	1.00	--
$162.00	Sep 25	32.75	33.60	$33.17	2.6%	44	1.00	54
$162.50	Sep 25	32.25	33.15	$32.70	2.8%	62	1.00	54
$163.00	Sep 25	31.75	32.70	$32.23	2.9%	48	1.00	19
$164.00	Sep 25	30.75	31.80	$31.28	3.4%	23	1.00	14

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Oct 16	14.40	15.60	$15.00	8.0%	--	0.92	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%	--	0.88	14
$210.00	Oct 30	14.75	15.90	$15.33	7.5%	5	0.84	--
$200.00	Oct 2	5.15	6.35	$5.75	20.9%	--	0.75	45

Most actively traded options today. High liquidity = easy entry/exit. 171 active (total vol 11.0K, 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	1.07	1.27	$1.17	17.1%	1.3K	0.41	229
$195.00	Oct 30	6.10	6.45	$6.28	5.6%	573	0.51	69
$196.00	Oct 30	5.55	5.85	$5.70	5.3%	553	0.49	15

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Oct 16	0.77	0.88	$0.83	13.3%	765	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	1.49	$1.41	11.3%	631	0.20	4.4K
$195.00	Oct 16	4.05	4.20	$4.13	3.6%	451	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 4.5%, max 9.3%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$191.00	Sep 25	Oct 30	25.1%	23.0%	9.3%	--	459
$193.00	Sep 25	Oct 30	23.5%	22.2%	5.9%	31	75
$192.50	Sep 25	Oct 30	23.8%	22.5%	5.6%	10	65
$192.00	Sep 25	Oct 23	24.2%	23.2%	4.2%	4	466
$194.00	Sep 25	Oct 30	22.6%	22.0%	2.6%	24	217

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$191.00	Sep 25	Oct 16	25.1%	23.8%	5.6%	47	213
$192.50	Sep 25	Oct 9	23.8%	22.7%	5.0%	2	53
$193.00	Sep 25	Oct 16	23.5%	22.5%	4.8%	35	1.7K
$192.00	Sep 25	Oct 16	24.2%	23.2%	4.1%	32	347
$195.00	Sep 25	Oct 23	22.2%	21.5%	3.3%	4	159

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 140 found (best R:R 1.99, avg 4.50)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$182.00	$183.00	Oct 16	$0.63	$0.37	$0.63	85%	0.59	$182.63
$187.00	$187.50	Oct 23	$0.15	$0.35	$0.15	74%	2.33	$187.15
$187.50	$188.00	Sep 25	$0.27	$0.23	$0.27	93%	0.85	$187.77
$192.50	$193.00	Oct 2	$0.14	$0.36	$0.14	64%	2.57	$192.64
$193.00	$194.00	Sep 25	$0.48	$0.52	$0.48	69%	1.08	$193.48

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$195.00	$190.00	Oct 23	$1.67	$3.33	$1.67	48%	1.99	$193.33
$200.00	$195.00	Oct 2	$2.98	$2.02	$2.98	75%	0.68	$197.02
$195.00	$193.00	Oct 9	$0.62	$1.38	$0.62	48%	2.23	$194.38
$198.00	$187.50	Oct 30	$3.96	$6.54	$3.96	56%	1.65	$194.04
$185.00	$182.00	Oct 23	$0.36	$2.64	$0.36	22%	7.33	$184.64

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 111 found (best R:R 0.75, avg 0.41)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$196.00	$197.00	Oct 30	$0.67	$0.67	$0.33	51%	2.03	$196.67
$200.00	$202.50	Oct 9	$0.79	$0.79	$1.71	68%	0.46	$200.79
$200.00	$202.50	Oct 30	$1.03	$1.03	$1.47	62%	0.70	$201.03
$197.00	$199.00	Oct 23	$1.00	$1.00	$1.00	54%	1.00	$198.00
$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
$183.00	$182.50	Sep 25	$0.20	$0.20	$0.30	94%	0.67	$182.80
$182.00	$181.00	Oct 23	$0.31	$0.31	$0.69	82%	0.45	$181.69

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $1.36, cheapest $1.11)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$193.00	Sep 25	Oct 2	$1.41	23.5%	22.4%
$195.00	Sep 25	Oct 2	$1.36	22.2%	21.5%
$194.00	Sep 25	Oct 2	$1.24	22.6%	22.8%
$197.00	Sep 25	Oct 2	$1.29	22.7%	23.0%
$196.00	Sep 25	Oct 2	$1.42	22.0%	23.3%

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	$1.15	22.2%	21.5%
$194.00	Sep 25	Oct 2	$1.27	22.6%	22.8%
$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. 86 found (cheapest 1.63% of stock, avg 5.66%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$196.00	Sep 25	$1.17	$2.01	$3.18	$192.82	$199.18	1.63%
$195.00	Sep 25	$1.69	$1.62	$3.31	$191.69	$198.31	1.70%
$194.00	Sep 25	$2.44	$1.19	$3.63	$190.37	$197.63	1.86%
$193.00	Sep 25	$2.92	$0.88	$3.80	$189.20	$196.80	1.95%
$192.50	Sep 25	$3.43	$0.76	$4.19	$188.31	$196.69	2.15%
$192.00	Sep 25	$3.85	$0.65	$4.50	$187.50	$196.50	2.31%
$191.00	Sep 25	$4.55	$0.48	$5.03	$185.97	$196.03	2.58%
$200.00	Sep 25	$0.23	$5.20	$5.43	$194.57	$205.43	2.78%
$195.00	Oct 2	$3.05	$2.77	$5.82	$189.18	$200.82	2.98%
$190.00	Sep 25	$5.58	$0.35	$5.93	$184.07	$195.93	3.04%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.51% of stock, avg 2.68%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$199.00	$192.00	Sep 25	$0.35	$0.65	$1.00	$191.00	$200.00
$198.00	$192.00	Sep 25	$0.56	$0.65	$1.21	$190.79	$199.21
$199.00	$192.50	Sep 25	$0.35	$0.76	$1.11	$191.39	$200.11
$197.50	$192.00	Sep 25	$0.67	$0.65	$1.32	$190.68	$198.82
$198.00	$192.50	Sep 25	$0.56	$0.76	$1.32	$191.18	$199.32
$197.50	$192.50	Sep 25	$0.67	$0.76	$1.43	$191.07	$198.93
$199.00	$193.00	Sep 25	$0.35	$0.88	$1.23	$191.77	$200.23
$198.00	$193.00	Sep 25	$0.56	$0.88	$1.44	$191.56	$199.44
$197.50	$193.00	Sep 25	$0.67	$0.88	$1.55	$191.45	$199.05
$197.00	$192.00	Sep 25	$0.86	$0.65	$1.51	$190.49	$198.51

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 190 found (best R:R 1.03, avg credit $0.62)

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
182/183	197/198	Sep 25	$0.39	$0.11	61%	3.55	$182.61	$197.39
172/173	198/199	Oct 2	$0.59	$0.41	59%	1.44	$172.41	$198.59
182/183	198/198	Sep 25	$0.31	$0.19	66%	1.63	$182.69	$197.81
188/189	199/200	Oct 2	$0.64	$0.36	47%	1.78	$188.36	$199.64
177/178	199/200	Oct 2	$0.46	$0.54	65%	0.85	$177.04	$199.46
182/183	198/199	Sep 25	$0.41	$0.59	70%	0.69	$182.59	$198.41

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 83 found (best R:R 34.71, 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
$195.00	$200.00	$205.00	Oct 2	$1.37	$3.63	43%	2.65
$193.00	$194.00	$195.00	Sep 25	$0.12	$0.88	18%	7.33
$182.00	$185.00	$188.00	Oct 23	$0.19	$2.81	11%	14.79
$189.00	$190.00	$191.00	Sep 25	$0.06	$0.94	7%	15.67
$178.00	$179.00	$180.00	Oct 16	$0.05	$0.95	2%	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. 134 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	-$0.30	$2.20
$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	-$1.28	$3.72
$195.00	$190.00	1:2	Oct 23	-$1.51	$3.49
$170.00	$165.00	1:2	Oct 16	-$0.02	$4.98
$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. 46 found (best yield 2.84%, avg 1.03%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$196.00	Oct 30	$5.55	0.49	0.4%	2.84%	3.28%	553	15
$198.00	Oct 30	$4.35	0.43	1.5%	2.23%	3.69%	--	34
$197.00	Oct 30	$4.70	0.46	0.9%	2.41%	3.36%	--	16
$200.00	Oct 30	$3.70	0.38	2.5%	1.90%	4.39%	58	72
$197.50	Oct 30	$4.45	0.45	1.2%	2.28%	3.49%	--	25
$199.00	Oct 30	$3.90	0.41	2.0%	2.00%	3.98%	--	11
$202.50	Oct 30	$2.59	0.32	3.8%	1.33%	5.10%	5	37
$197.00	Oct 23	$4.05	0.46	0.9%	2.08%	3.03%	--	10
$199.00	Oct 23	$3.20	0.40	2.0%	1.64%	3.62%	1	7
$200.00	Oct 23	$2.80	0.37	2.5%	1.43%	3.93%	--	72

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 10,065

Total Puts 5,913

Put/Call Ratio 0.59

Net Difference 4,152

Prior's Put/Call Breakdown

Total Calls 4,289

Total Puts 2,847

Put/Call Ratio 0.66

Net Difference 1,442

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

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📈 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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