SPDR S&P 500 ETF TRUST (SPY) Most Active Options
The 2 most actively traded SPDR S&P 500 ETF TRUST (SPY) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.
Data as of Oct 2, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.
Most Active SPY Contracts
| Contract | Expiration | DTE | Last | IV | IV rank (30d) | Delta | Open interest | Volume | vs 30d avg |
|---|---|---|---|---|---|---|---|---|---|
| SPY $787 call | Oct 9, 2026 | 7d | $0.21 | 9.5% | 28 | 0.05 | 1,714 | 246,654 | 134.5× avg |
| SPY $769 put | Oct 5, 2026 | 3d | $1.47 | 6.8% | 0 | -0.43 | 1,739 | 95,454 | 10.6× avg |
Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.
The most active SPY contract today is the $787 call expiring in 7 days, with 246,654 contracts traded. 2 of these contracts are running well ahead of the usual daily volume.
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SPY Options FAQ
Which SPY option contract is most active today?
The most traded SPY contract is the $787 call expiring Oct 9, 2026, with 246,654 contracts traded as of Oct 2, 2026.
How does OptiView rank the most active SPY options?
The table lists the 2 SPY contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.
Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.
Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.