SPY Option Chain — Live

ETF / Index

SPDR S&P 500 ETF · All strikes, calls, puts, Greeks, IV, open interest. Updated every 30 seconds during market hours.

$713.65
Last updated: · auto-refresh in 30s
Calls
Strike
Puts
BidAskLastVolIV%Δ Strike BidAskLastVolIV%Δ
267.31 270.10 261.77 1 450.00 0.00 0.01 0.01 4
261.29 264.09 255.78 16 455.00 0.00 0.03 0.01 300
257.02 259.77 460.00 0.00 0.03 0.01 1
250.91 253.64 465.00 0.00 0.03 0.01 15
238.97 249.35 186.57 12 470.00 0.00 0.03 0.01 7
238.15 240.90 180.76 2 475.00 0.00 0.03 0.01 200
232.51 234.54 230.47 1 480.00 0.00 0.03 0.01 2
231.57 231.70 170.00 2 485.00 0.00 0.03 0.01 1
224.57 227.30 165.00 6 490.00 0.00 0.01 0.01 4
220.24 222.99 160.00 2 495.00 0.00 0.01 0.01 10
210.73 215.50 211.07 2 500.00 0.00 0.03 0.01 3
204.33 208.87 206.24 2 505.00 0.00 0.03 0.01 22
204.41 208.12 200.63 2 510.00 0.00 0.03 0.01 1
194.87 203.74 193.89 2 515.00 0.00 0.01 0.01 26
192.00 197.77 190.39 4 520.00 0.00 0.01 0.01 100
190.25 193.00 131.25 3 525.00 0.00 0.01 0.03 6
179.37 185.59 129.72 1 530.00 0.00 0.01 0.01 1
175.68 180.79 103.91 1 535.00 0.00 0.03 0.01 33
174.73 177.48 173.24 1 540.00 0.00 0.03 0.01 50
167.40 169.97 110.50 6 545.00 0.00 0.03 0.01 1
160.94 167.33 156.00 4 550.00 0.00 0.01 0.01 25
159.52 160.36 132.27 1 555.00 0.00 0.01 0.01 109
154.08 156.83 151.55 16 560.00 0.00 0.03 0.01 40
145.51 147.37 142.55 14 565.00 0.00 0.01 0.01 3
141.51 143.19 130.62 1 570.00 0.00 0.01 0.01 2
135.96 139.70 129.40 1 575.00 0.00 0.01 0.01 1
131.98 136.50 100.49 2 580.00 0.00 0.01 0.01 3
126.86 130.47 120.86 1 585.00 0.00 0.03 0.01 1
120.89 127.52 120.10 2 590.00 0.00 0.01 0.01 2
121.97 125.78 119.16 2 591.00 0.00 0.03 0.01 1
120.58 124.47 116.30 5 592.00 0.00 0.03 0.01 1
119.63 122.79 117.45 1 593.00 0.00 0.01 0.01 272
116.51 122.13 115.63 3 594.00 0.00 0.03 0.01 303
115.32 117.83 118.62 21 595.00 0.00 0.01 0.01 1
117.27 119.86 117.20 19 596.00 0.00 0.01 0.01 5
114.43 118.91 114.59 2 597.00 0.00 0.03 0.02 302
115.40 117.79 112.11 10 598.00 0.00 0.03 0.01 17
112.54 117.81 111.17 10 599.00 0.00 0.03 0.01 2
111.67 115.13 115.32 8 600.00 0.00 0.03 0.01 5
112.33 115.08 112.81 5 601.00 0.00 0.03 0.01 166
112.29 113.48 108.57 4 602.00 0.00 0.01 0.01 3
109.00 112.25 107.58 4 603.00 0.00 0.03 0.03 233
109.08 111.96 109.51 1 604.00 0.00 0.01 0.01 2
108.81 111.56 105.64 4 605.00 0.00 0.01 0.01 5
106.19 107.06 104.18 1 606.00 0.00 0.03 0.01 1
106.57 108.97 607.00 0.00 0.03 0.01 1
102.80 107.03 103.08 14 608.00 0.00 0.03 0.01 2
105.07 107.82 102.62 14 609.00 0.00 0.01 0.01 3
100.42 103.05 100.18 1 610.00 0.00 0.03 0.01 5
100.43 104.56 99.32 4 611.00 0.00 0.03 0.01 5
101.93 104.73 98.30 4 612.00 0.00 0.01 0.01 1
99.38 102.86 97.30 4 613.00 0.00 0.03 0.01 1
96.92 102.51 46.85 1 614.00 0.00 0.01 0.01 5
97.11 99.01 93.64 2 615.00 0.00 0.03 0.01 5
95.39 99.00 94.54 2 616.00 0.00 0.01 0.04 3896
93.73 97.28 93.49 2 617.00 0.00 0.03 0.03 16
94.83 98.54 93.78 6 618.00 0.00 0.03 0.01 5
94.17 96.54 92.62 6 619.00 0.00 0.03 0.04 27
93.94 94.01 90.30 1 620.00 0.00 0.01 0.01 6
91.56 94.58 85.04 4 621.00 0.00 0.01 0.01 157
91.33 94.82 89.12 1 622.00 0.00 0.03 0.02 137
88.17 90.67 89.35 1 623.00 0.00 0.01 0.01 122
87.52 92.36 32.07 1 624.00 0.00 0.01 0.01 528
87.52 90.16 88.16 9 625.00 0.00 0.01 0.01 9
86.71 89.50 34.72 1 626.00 0.00 0.03 0.01 24
86.40 88.95 80.79 1 627.00 0.00 0.03 0.01 1
84.13 86.31 84.19 3 628.00 0.00 0.03 0.02 52
81.66 87.00 81.43 2 629.00 0.00 0.01 0.01 4
84.05 84.12 85.03 2 630.00 0.00 0.03 0.01 113
81.40 83.59 79.73 1 631.00 0.00 0.03 0.01 151
82.64 82.78 80.78 2 632.00 0.00 0.03 0.01 161
81.73 81.80 76.47 11 633.00 0.00 0.01 0.01 1058
80.93 81.00 78.78 17 634.00 0.00 0.03 0.01 902
77.78 79.61 77.91 14 635.00 0.00 0.01 0.01 3
77.34 78.86 77.26 147 636.00 0.00 0.01 0.01 233
75.88 77.46 73.23 1 637.00 0.00 0.03 0.01 157
76.97 77.04 74.87 14 638.00 0.00 0.03 0.01 380
75.19 75.26 73.84 24 639.00 0.00 0.03 0.01 984
72.45 72.69 74.45 18 640.00 0.00 0.01 0.01 1
72.26 72.33 73.99 12 641.00 0.00 0.03 0.03 1714
71.61 71.90 67.52 1 642.00 0.00 0.03 0.01 703
71.30 71.37 69.30 5 643.00 0.00 0.03 0.01 1
70.26 70.56 68.82 16 644.00 0.00 0.01 0.01 3167
67.46 67.52 68.05 7 645.00 0.00 0.03 0.01 3
68.87 68.93 68.01 8 646.00 0.00 0.01 0.01 12
66.47 66.53 67.31 9 647.00 0.00 0.03 0.01 30
64.84 66.48 65.78 5 648.00 0.00 0.03 0.01 15
65.34 65.41 64.27 13 649.00 0.00 0.01 0.01 763
62.68 64.22 62.82 74 650.00 0.00 0.01 0.01 25
61.48 63.74 61.94 15 651.00 0.00 0.03 0.01 61
62.02 62.09 61.74 13 652.00 0.00 0.01 0.01 11
60.03 60.68 59.98 18 653.00 0.00 0.01 0.01 12
60.23 60.44 59.58 32 654.00 0.00 0.03 0.01 25
58.29 58.96 58.95 785 655.00 0.00 0.01 0.01 10
57.71 57.78 57.82 33 656.00 0.00 0.03 0.01 26
56.44 57.73 56.74 130 657.00 0.00 0.01 0.01 1
54.60 55.03 55.92 446 658.00 0.00 0.03 0.01 79
54.38 54.44 55.45 17 659.00 0.00 0.03 0.01 10
53.73 54.41 53.80 60 660.00 0.00 0.03 0.01 103
52.70 52.77 52.93 35 661.00 0.00 0.01 0.01 2
51.28 51.35 51.30 15 662.00 0.00 0.03 0.01 16
49.81 51.52 50.30 85 663.00 0.00 0.01 0.01 4
48.70 50.66 49.27 21 664.00 0.00 0.01 0.01 1
48.06 48.99 48.14 38 665.00 0.00 0.01 0.01 85
48.04 48.10 47.47 52 666.00 0.00 0.03 0.01 1
45.76 47.42 45.94 19 667.00 0.00 0.03 0.01 8
46.47 46.55 46.06 387 668.00 0.00 0.03 0.01 114
44.32 44.53 43.54 33 669.00 0.00 0.01 0.01 117
44.40 44.47 44.47 95 670.00 0.00 0.03 0.01 170
43.34 43.39 42.80 48 671.00 0.00 0.01 0.01 16
42.26 42.33 41.10 23 672.00 0.00 0.01 0.01 560
41.18 41.26 39.98 56 673.00 0.00 0.01 0.02 962
40.43 40.46 40.09 46 674.00 0.00 0.03 0.01 40
39.18 39.43 38.15 165 675.00 0.00 0.01 0.01 224
37.38 37.45 37.75 18 676.00 0.00 0.03 0.01 197
36.00 37.16 36.45 60 677.00 0.00 0.03 0.01 1679
36.32 36.38 35.42 2 677.50 0.00 0.03 0.01 712
35.30 35.36 35.59 64 678.00 0.00 0.01 0.01 220
34.91 34.98 34.06 45 679.00 0.00 0.01 0.01 2686
33.67 34.17 33.79 534 680.00 0.00 0.01 0.01 4864
32.96 33.02 32.67 101 681.00 0.00 0.01 0.01 9283
31.71 31.85 31.12 94 682.00 0.03 0.04 0.01 15651
31.37 31.58 31.46 25 682.50 0.01 0.04 0.03 514
31.01 31.07 30.13 36 683.00 0.01 0.04 0.01 1705
29.77 29.83 29.18 43 684.00 0.03 0.04 0.03 1804
28.30 28.36 28.92 268 685.00 0.03 0.04 0.01 2361
27.87 27.94 27.59 158 686.00 0.01 0.04 0.01 757
26.49 27.15 26.77 137 687.00 0.01 0.02 0.02 1001
26.37 26.44 26.37 7 687.50 0.03 0.04 0.03 93
25.23 25.30 25.71 29 688.00 0.03 0.04 0.03 1985
24.71 25.16 24.56 66 689.00 0.01 0.02 0.03 20776
23.50 23.92 23.91 511 690.00 0.01 0.02 0.04 12788
22.96 23.03 22.67 117 691.00 0.01 0.04 0.03 3689
21.90 21.97 22.04 109 692.00 0.01 0.04 0.04 2754
20.96 21.26 21.30 45 692.50 0.01 0.02 0.03 1502
20.57 20.64 20.58 221 693.00 0.04 0.05 0.02 4059
19.96 20.06 19.37 180 694.00 0.04 0.05 0.04 8717
18.34 18.54 18.55 365 695.00 0.01 0.05 0.04 10051
17.55 17.70 17.72 146 696.00 0.01 0.02 0.02 4173
16.40 16.68 16.07 240 697.00 0.04 0.05 0.03 7313
15.88 16.47 16.09 80 697.50 0.04 0.05 0.04 12863
15.90 16.01 15.73 190 698.00 0.01 0.02 0.04 22065
14.80 14.93 14.38 309 699.00 0.01 0.05 0.04 21785
13.74 13.81 13.77 3106 700.00 0.05 0.06 0.05 47969
12.53 12.63 12.30 2354 701.00 0.01 0.02 0.05 51514
11.78 11.92 11.77 2361 702.00 0.01 0.06 0.05 35676
10.51 10.65 10.81 3292 703.00 0.02 0.03 0.06 40641
9.49 9.72 9.78 5037 704.00 0.06 0.07 0.03 114378
8.77 8.85 8.50 10078 705.00 0.02 0.03 0.06 105054
7.56 7.88 7.72 7993 706.00 0.03 0.04 0.04 141905
6.75 6.88 6.77 10010 707.00 0.08 0.09 0.05 161492
5.74 5.85 5.73 19913 708.00 0.06 0.11 0.11 205203
4.66 4.82 4.75 64481 709.00 0.07 0.08 0.12 305944
3.73 3.78 3.75 213310 710.00 0.14 0.15 0.15 347432
2.83 2.86 2.84 289499 711.00 0.16 0.17 0.17 266608
1.91 1.99 1.96 324745 712.00 0.30 0.31 0.31 276749
1.16 1.18 1.12 295442 713.00 0.50 0.51 0.51 289876
0.54 0.59 0.54 332612 714.00 0.91 0.92 0.92 123814
0.25 0.26 0.25 256103 715.00 1.53 1.56 1.62 52545
0.12 0.13 0.09 194899 716.00 2.47 2.48 2.48 15005
0.03 0.04 0.04 112897 717.00 3.42 3.50 3.43 9449
0.05 0.06 0.05 73619 718.00 4.32 4.51 4.38 6128
0.01 0.02 0.04 28106 719.00 5.32 5.46 5.94 4383
0.04 0.05 0.02 35225 720.00 6.40 6.43 6.43 6199
0.03 0.04 0.03 4601 721.00 7.19 7.43 7.61 1946
0.01 0.02 0.01 5599 722.00 8.38 8.53 8.94 991
0.03 0.04 0.01 2656 723.00 9.22 9.56 9.92 861
0.00 0.01 0.01 7292 724.00 10.11 10.36 10.51 105
0.00 0.01 0.01 3838 725.00 11.52 11.59 11.75 143
0.00 0.03 0.01 1612 726.00 12.21 12.51 12.55 3
0.00 0.03 0.01 961 727.00 13.16 13.35 13.58 16
0.00 0.03 0.01 1511 728.00 14.23 14.34 14.68 151
0.00 0.03 0.01 2174 729.00 15.13 15.34 15.84 3
0.00 0.03 0.01 1226 730.00 16.04 16.25 16.91 35
0.00 0.03 0.01 103 731.00 17.45 17.52 17.61 9
0.00 0.01 0.01 80 732.00 18.38 18.45 21.74 2
0.00 0.03 0.01 200 733.00 19.31 19.78 19.80 2
0.00 0.01 0.01 200 734.00 20.64 20.72 23.72 2
0.00 0.03 0.01 88 735.00 21.70 21.78
0.00 0.01 0.01 31 736.00 22.49 22.56
0.00 0.03 0.01 447 737.00 23.80 23.87 26.37 3
0.00 0.01 0.01 540 738.00 24.19 24.26 28.53 2
0.00 0.01 0.01 1 739.00 24.96 25.66 27.79 3
0.00 0.03 0.01 2 740.00 25.92 26.33 29.53 2
0.00 0.01 0.01 1 745.00 31.42 31.96 36.42 6
0.00 0.03 0.01 16 750.00 35.27 38.03 37.96 1
0.00 0.01 0.01 1 755.00 40.63 43.32 44.30 1
0.00 0.03 0.01 3 760.00 45.58 48.11 49.23 2
0.00 0.03 0.01 3 765.00 49.59 53.41 57.12 30
0.00 0.03 0.01 1 770.00 56.03 58.53 60.18 2
0.00 0.03 0.01 1 775.00 60.04 62.70
0.00 0.03 0.01 1 780.00 64.62 67.01
0.00 0.03 0.01 15 785.00 71.31 73.08
0.00 0.03 0.01 4 790.00 76.24 77.62
0.00 0.03 0.01 1003 795.00 79.31 82.62 86.36 1
0.00 0.01 0.01 20 800.00 84.12 88.30 91.34 1
0.00 0.03 0.01 20 805.00 89.22 91.13
0.00 0.03 0.01 100 810.00 95.58 98.12
0.00 0.03 0.01 2 815.00 100.30 103.99
0.00 0.03 0.01 3 820.00 106.33 108.98
0.00 0.01 0.01 4 825.00 111.65 113.06
0.00 0.03 0.01 350 830.00 114.62 116.60 172.43 2
0.00 0.01 0.01 230 835.00 120.75 121.12
0.00 0.03 840.00 126.36 128.00
0.00 0.01 845.00 128.82 132.93
0.00 0.01 0.01 11 850.00 134.26 138.75
0.00 0.01 855.00 139.12 144.26
0.00 0.01 860.00 147.50 150.20
0.00 0.03 0.01 1 865.00 152.00 153.56
0.00 0.03 870.00 154.96 157.32
0.00 0.01 875.00 160.98 162.93
0.00 0.01 880.00 161.91 169.36
0.00 0.03 885.00 173.00 175.78
0.00 0.01 890.00 173.53 178.49
0.00 0.03 895.00 177.06 185.85 186.34 1
0.00 0.01 0.01 1 900.00 182.84 190.03 190.28 1

About SPDR S&P 500 ETF Options

SPY tracks the S&P 500 index, representing the 500 largest US companies. The most liquid options market in the world with daily (0DTE) expirations available.

SPY options are the gold standard for options traders — deepest liquidity, tightest spreads, and available in daily expirations for 0DTE strategies. Perfect for index hedging and income strategies.

How to Read the SPY Option Chain

Each row above is one strike price. Calls (right to buy SPY) sit on the left; puts (right to sell) sit on the right. For both sides you see the bid, ask, last traded price, volume, implied volatility (IV%) and delta (Δ). The highlighted row is the at-the-money strike — the one closest to the current SPY price of $713.65.

Bid/ask is what buyers are willing to pay and what sellers want; the midpoint is a fair estimate of the option's value. Last is the most recent trade. IV% is the market's implied forecast of SPY's future price movement — higher IV means pricier premiums. Delta roughly equals how much the option price moves per $1 change in SPY.

Frequently Asked Questions

What is the SPY option chain?

The SPY option chain is the complete list of call and put options available on SPDR S&P 500 ETF for every strike price and expiration date. Each row shows the bid/ask, last trade, volume, open interest, implied volatility, and Greeks (delta, gamma, theta, vega) for one contract.

How often is this SPY option chain updated?

Quotes, Greeks, and implied volatility refresh every 30 seconds during US market hours (9:30am to 4:00pm ET, Monday to Friday). Outside market hours the page refreshes once per hour. The timestamp in the header shows exactly when the data was last updated.

Where does SPY options data come from?

Options data is sourced from Alpaca's OPRA-backed market feed. Implied volatility and Greeks are computed using Black-Scholes-Merton pricing with a continuous dividend yield for SPDR S&P 500 ETF.

How do I read an option chain?

Each row is a strike price. Call options (right to buy) are on the left, put options (right to sell) are on the right. For each side you see the bid (what buyers will pay), ask (what sellers want), last (last traded price), and Greeks. The ATM strike is highlighted — it is closest to the current SPY price.

What are the Greeks in the SPY option chain?

Delta measures how much the option price changes per $1 move in SPY. Gamma is the rate of change of delta. Theta is daily time decay (negative for long options). Vega is sensitivity to implied-volatility changes. These appear per strike in the table above.

Why trade SPY options?

SPY options are the gold standard for options traders — deepest liquidity, tightest spreads, and available in daily expirations for 0DTE strategies. Perfect for index hedging and income strategies.

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