XLK - Options Database

XLK

State StreetTechSelSectSPDRETF

$195.07 +0.11%

(9/22 10:55) ◀

Tuesday, September 22, 2026 (11:00am)

▶

◀ 9/22 11:00

Option Volume

Detail

ℹ

Current (09/22 11:00am) 16,531

Calls: 10,566 (64%)

Puts: 5,965 (36%)

Prior (09/18) 7,418

Calls: 4,480 (60%)

Puts: 2,938 (40%)

Current vs Prior +122.85%

Calls: +135.85% (Calls)

Puts: +103.03% (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 -53.20%

Calls: -32.62%

Puts: -69.63%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/22 11:00am) $17.81M

Calls: $16.75M (94%)

Puts: $1.06M (6%)

Prior (09/18) $2.61M

Calls: $1.71M (66%)

Puts: $900.4K (34%)

Current vs Prior +582.00%

Calls: +879.02%

Puts: +17.74%

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 -39.58%

Calls: -31.81%

Puts: -78.42%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 11:00am) 0.56

Prior (09/18) 0.66

Current vs Prior -13.92%

Prior 7-Day Average 1.25

Current vs Prior 7-Day Avg -54.86%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/22 11:00am) 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 1.91% | 3.21%4.91% | 7.95%

Prior 2.17% | 3.40%5.06% | 8.17%

Current vs Prior -11.92% | -5.69%-2.85% | -2.62%

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

Current vs 7-Day Avg -15.25% | -9.44%+95.96% | +29.13%

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

Current vs 7-Day Eod -11.92% | -5.69%-2.85% | -2.62%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 24.48% | 18.70%

Calls: 18.60% | 13.11%

Puts: 30.35% | 24.30%

Prior 17.80% | 18.15%

Calls: 17.17% | 12.23%

Puts: 18.42% | 24.07%

Current vs Prior +37.53% | +3.03%

Prior 7-Day Avg 76.93% | 56.05%

Calls: 82.47% | 58.55%

Puts: 71.38% | 53.54%

Current vs 7-Day Avg -68.18% | -66.63%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 94% of dollar volume in calls ($16.75M) vs puts ($1.06M). Massive premium surge with dollar volume up 582% vs prior. Unusually high activity with volume up 123% vs prior - elevated interest. Bullish P/C ratio of 0.56.

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
11:00	BULLISH	BULLISH	BULLISH
10:55	BULLISH	BULLISH	BULLISH
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 76 of results (avg 6.7%, 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
$162.00	Sep 25	32.75	33.60	$33.17	2.6%	81	1.00	54
$162.50	Sep 25	32.25	33.15	$32.70	2.8%	99	1.00	54
$165.00	Oct 16	30.35	31.20	$30.78	2.8%	2	0.97	13
$160.00	Sep 25	34.75	35.75	$35.25	2.8%	80	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Oct 16	4.05	4.25	$4.15	4.8%	453	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	0.66	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. 8 found (avg $0.68, cheapest $0.34)

CALLS (0)

No calls meet the criteria

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Sep 25	0.31	0.37	$0.34	17.6%	97	0.14	1.4K
$192.50	Sep 25	0.70	0.83	$0.76	17.1%	2	0.28	42
$193.00	Sep 25	0.81	0.94	$0.88	14.8%	35	0.31	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. 124 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%	81	1.00	54
$162.50	Sep 25	32.25	33.15	$32.70	2.8%	99	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
$205.00	Oct 2	9.30	10.90	$10.10	15.8%	--	0.92	10
$210.00	Oct 16	14.40	15.60	$15.00	8.0%	--	0.92	10
$200.00	Sep 25	4.55	5.85	$5.20	25.0%	--	0.89	14
$210.00	Oct 30	14.75	15.90	$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. 178 active (total vol 11.5K, top 2.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$202.50	Oct 16	1.65	1.78	$1.72	7.6%	2.1K	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	1.44	$1.25	29.6%	1.3K	0.42	229
$195.00	Oct 30	6.10	6.45	$6.28	5.6%	579	0.51	69
$196.00	Oct 30	5.55	5.90	$5.73	6.1%	559	0.49	15

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$180.00	Oct 16	0.76	0.88	$0.82	14.6%	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	1.31	1.49	$1.40	12.9%	631	0.19	4.4K
$195.00	Oct 16	4.05	4.25	$4.15	4.8%	453	0.48	253
$190.00	Sep 25	0.31	0.37	$0.34	17.6%	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. 13 strikes (avg 5.1%, max 9.0%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$191.00	Sep 25	Oct 30	25.2%	23.1%	9.0%	--	459
$192.50	Sep 25	Oct 30	24.2%	22.6%	7.2%	10	65
$193.00	Sep 25	Oct 30	23.6%	22.3%	5.8%	31	75
$192.00	Sep 25	Oct 23	24.5%	23.2%	5.4%	4	466
$194.00	Sep 25	Oct 30	23.1%	22.1%	4.6%	25	217

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$192.50	Sep 25	Oct 9	24.2%	22.7%	7.0%	2	53
$191.00	Sep 25	Oct 16	25.2%	23.8%	5.7%	47	213
$194.00	Sep 25	Oct 16	23.1%	22.0%	5.3%	23	295
$192.00	Sep 25	Oct 16	24.5%	23.3%	5.2%	32	347
$193.00	Sep 25	Oct 16	23.6%	22.5%	5.0%	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 2.09, avg 4.24)

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
$182.00	$183.00	Oct 16	$0.65	$0.35	$0.65	85%	0.54	$182.65
$187.50	$188.00	Sep 25	$0.27	$0.23	$0.27	92%	0.85	$187.77
$193.00	$194.00	Sep 25	$0.48	$0.52	$0.48	69%	1.08	$193.48
$184.00	$185.00	Oct 30	$0.65	$0.35	$0.65	78%	0.54	$184.65

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$195.00	$190.00	Oct 23	$1.62	$3.38	$1.62	48%	2.09	$193.38
$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. 108 found (best R:R 0.72, avg 0.42)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$196.00	$197.00	Oct 30	$0.68	$0.68	$0.32	51%	2.13	$196.68
$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
$197.00	$197.50	Sep 25	$0.26	$0.26	$0.24	67%	1.08	$197.26

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$181.00	$180.00	Oct 30	$0.42	$0.42	$0.58	81%	0.72	$180.58
$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 $1.32, cheapest $1.11)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$193.00	Sep 25	Oct 2	$1.41	23.6%	22.4%
$197.00	Sep 25	Oct 2	$1.15	23.0%	22.3%
$195.00	Sep 25	Oct 2	$1.33	22.2%	21.5%
$194.00	Sep 25	Oct 2	$1.19	23.1%	22.6%
$196.00	Sep 25	Oct 2	$1.34	23.0%	23.3%

PUTS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$193.00	Sep 25	Oct 2	$1.11	23.6%	22.4%
$195.00	Sep 25	Oct 2	$1.18	22.2%	21.5%
$194.00	Sep 25	Oct 2	$1.23	23.1%	22.6%
$196.00	Sep 25	Oct 9	$1.97	23.0%	22.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 87 found (cheapest 1.67% of stock, avg 5.70%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$196.00	Sep 25	$1.25	$2.01	$3.26	$192.74	$199.26	1.67%
$195.00	Sep 25	$1.72	$1.59	$3.31	$191.69	$198.31	1.70%
$194.00	Sep 25	$2.44	$1.21	$3.65	$190.35	$197.65	1.87%
$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	$0.47	$5.02	$185.98	$196.02	2.57%
$200.00	Sep 25	$0.22	$5.20	$5.42	$194.58	$205.42	2.78%
$195.00	Oct 2	$3.05	$2.77	$5.82	$189.18	$200.82	2.98%
$190.00	Sep 25	$5.60	$0.34	$5.94	$184.06	$195.94	3.05%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.51% of stock, avg 2.69%)

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	$0.64	$0.65	$1.29	$190.71	$198.79
$198.00	$192.50	Sep 25	$0.56	$0.76	$1.32	$191.18	$199.32
$197.50	$192.50	Sep 25	$0.64	$0.76	$1.40	$191.10	$198.90
$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	$0.64	$0.88	$1.52	$191.48	$199.02
$197.00	$192.00	Sep 25	$0.90	$0.65	$1.55	$190.45	$198.55

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 188 found (best R:R 1.03, 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	$1.27	$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
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
175/176	199/200	Oct 2	$0.45	$0.55	66%	0.82	$175.55	$199.45
188/189	199/200	Oct 2	$0.63	$0.37	47%	1.70	$188.37	$199.63
182/183	199/200	Sep 25	$0.33	$0.67	77%	0.49	$182.67	$199.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 81 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
$202.50	$205.00	$207.50	Oct 16	$0.09	$2.41	13%	26.78
$193.00	$195.00	$197.00	Oct 23	$0.09	$1.91	12%	21.22
$200.00	$202.50	$205.00	Oct 2	$0.20	$2.30	17%	11.50
$188.00	$190.00	$192.00	Oct 23	$0.10	$1.90	11%	19.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$193.00	$194.00	$195.00	Sep 25	$0.05	$0.95	18%	19.00
$190.00	$191.00	$192.00	Sep 25	$0.05	$0.95	10%	19.00
$195.00	$200.00	$205.00	Oct 2	$1.37	$3.63	43%	2.65
$182.00	$185.00	$188.00	Oct 23	$0.19	$2.81	10%	14.79
$189.00	$190.00	$191.00	Sep 25	$0.07	$0.93	7%	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. 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
$205.00	$207.50	1:2	Oct 16	-$0.22	$2.28
$207.50	$210.00	1:2	Oct 16	-$0.11	$2.39

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
$195.00	$190.00	1:2	Oct 23	-$1.56	$3.44
$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. 47 found (best yield 2.85%, avg 1.06%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$196.00	Oct 30	$5.55	0.49	0.5%	2.85%	3.32%	559	15
$198.00	Oct 30	$4.35	0.44	1.5%	2.23%	3.73%	--	34
$200.00	Oct 30	$3.70	0.39	2.5%	1.90%	4.42%	58	72
$197.00	Oct 30	$4.70	0.46	1.0%	2.41%	3.40%	--	16
$197.50	Oct 30	$4.45	0.45	1.2%	2.28%	3.53%	--	25
$199.00	Oct 30	$3.90	0.41	2.0%	2.00%	4.01%	--	11
$202.50	Oct 30	$2.60	0.32	3.8%	1.33%	5.14%	5	37
$197.00	Oct 23	$4.05	0.46	1.0%	2.08%	3.07%	--	10
$199.00	Oct 23	$3.20	0.40	2.0%	1.64%	3.66%	1	7
$200.00	Oct 23	$2.81	0.37	2.5%	1.44%	3.97%	--	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 10,566

Total Puts 5,965

Put/Call Ratio 0.56

Net Difference 4,601

Prior's Put/Call Breakdown

Total Calls 4,480

Total Puts 2,938

Put/Call Ratio 0.66

Net Difference 1,542

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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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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