SPDR S&P 500 ETF TRUST (SPY) Options Volume

11,635,103 SPDR S&P 500 ETF TRUST (SPY) option contracts changed hands in the latest session, at a put/call volume ratio of 0.99. This page tracks how actively SPY options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$754.91
52-week range
$621.72 – $759.58
ATM IV (30d)
12.8%
IV rank
11 / 100
Low
Expected move
±$30.01 (±4.0%)
Put/call OI
1.99
Put-heavy
Max pain
$739
↓ 2.1% below close

Options Volume & Premium Flow

Total options volume11,635,103
Call volume5,843,158
Put volume5,791,945
Put/call volume ratio0.99
Listed contracts14,104
Call premium traded$1.21B
Put premium traded$326.75M
Premium put/call ratio0.27
Open interest rank (31 day)59 / 100
Skew rank (31 day)45 / 100

SPY Options Volume Trend

05.6M11.2M16.8M22.4MFeb '26May '26Jul '26

SPY total options volume per session, past year.

0.000.480.961.431.91Feb '26May '26Jul '26

SPY put/call volume ratio, past year.

SPY Unusual Options Activity

No SPY contract currently trades at 3× its 30-day average volume with at least 500 contracts — nothing clears OptiView's unusual-activity bar today.

With a put/call volume ratio of 0.99, today's trading is roughly balanced between calls and puts. Measured in dollars rather than contracts, $1.21B of call premium and $326.75M of put premium changed hands — the larger premium flow is on the call side.

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SPY Options FAQ

How many SPY options traded today?

11,635,103 SPY option contracts traded as of Jul 10, 2026 — 5,843,158 calls and 5,791,945 puts.

Is there unusual options activity in SPY today?

No SPY contract currently clears OptiView's unusual-activity bar as of Jul 10, 2026, which requires at least 3× the contract's 30-day average volume and 500 contracts traded.

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.