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.

$714.08
Last updated: · auto-refresh in 30s
Calls
Strike
Puts
BidAskLastVolIV%Δ Strike BidAskLastVolIV%Δ
265.95 268.14 261.77 1 450.00 0.00 0.01 0.01 4
255.98 264.97 255.78 16 455.00 0.00 0.01 0.01 300
251.30 258.94 460.00 0.00 0.01 0.01 1
248.86 251.32 465.00 0.00 0.03 0.01 15
239.82 249.96 186.57 12 470.00 0.00 0.01 0.01 7
233.60 236.29 180.76 2 475.00 0.00 0.03 0.01 200
231.55 238.87 230.47 1 480.00 0.00 0.01 0.01 2
224.64 232.18 170.00 2 485.00 0.00 0.01 0.01 1
223.46 226.66 165.00 6 490.00 0.00 0.01 0.01 4
220.00 222.31 160.00 2 495.00 0.00 0.01 0.01 10
216.86 219.04 211.07 2 500.00 0.00 0.03 0.01 3
210.90 213.26 206.24 2 505.00 0.00 0.01 0.01 22
204.94 207.17 200.63 2 510.00 0.00 0.03 0.01 1
197.94 202.29 193.89 2 515.00 0.00 0.01 0.01 26
195.95 198.28 190.39 4 520.00 0.00 0.03 0.01 100
185.46 189.32 131.25 3 525.00 0.00 0.03 0.01 1
185.80 186.23 129.72 1 530.00 0.00 0.01 0.01 1
180.39 181.31 103.91 1 535.00 0.00 0.03 0.01 33
175.20 177.57 173.24 1 540.00 0.00 0.03 0.01 50
170.60 172.96 110.50 6 545.00 0.00 0.03 0.01 1
161.74 165.99 156.00 4 550.00 0.00 0.03 0.01 28
159.09 161.03 158.33 5 555.00 0.00 0.01 0.01 109
152.98 154.60 152.60 18 560.00 0.00 0.03 0.01 40
147.81 149.22 142.55 14 565.00 0.00 0.03 0.01 7
142.10 144.07 130.62 1 570.00 0.00 0.01 0.01 2
136.68 138.58 129.40 1 575.00 0.00 0.01 0.01 1
132.86 135.95 100.49 2 580.00 0.00 0.01 0.01 3
126.22 128.17 128.36 4 585.00 0.00 0.01 0.01 1
123.46 124.03 123.40 4 590.00 0.00 0.01 0.01 2
120.14 122.66 119.16 2 591.00 0.00 0.03 0.01 1
119.96 121.40 116.30 5 592.00 0.00 0.01 0.01 1
121.54 123.97 117.45 1 593.00 0.00 0.03 0.01 272
117.17 119.92 115.63 3 594.00 0.00 0.01 0.01 303
118.04 120.48 118.40 47 595.00 0.00 0.03 0.01 2
117.95 120.43 117.82 33 596.00 0.00 0.03 0.01 5
117.39 117.53 114.59 2 597.00 0.00 0.01 0.02 302
114.81 115.98 112.11 10 598.00 0.00 0.01 0.01 17
111.80 114.97 111.17 10 599.00 0.00 0.03 0.01 2
115.21 115.26 115.32 8 600.00 0.00 0.03 0.01 6
110.75 112.38 112.36 9 601.00 0.00 0.03 0.01 166
111.52 113.71 111.42 4 602.00 0.00 0.01 0.01 3
110.07 113.63 107.58 4 603.00 0.00 0.03 0.03 233
107.67 112.76 109.51 1 604.00 0.00 0.03 0.01 2
106.54 108.12 105.64 4 605.00 0.00 0.01 0.01 5
107.29 108.63 104.18 1 606.00 0.00 0.03 0.01 1
107.34 109.78 607.00 0.00 0.03 0.01 1
105.41 108.27 103.08 14 608.00 0.00 0.01 0.01 2
105.44 107.80 102.62 14 609.00 0.00 0.01 0.01 5
102.02 103.19 100.18 1 610.00 0.00 0.03 0.01 6
100.69 103.06 99.32 4 611.00 0.00 0.03 0.01 5
102.61 104.11 98.30 4 612.00 0.00 0.03 0.01 1
98.15 102.37 97.30 4 613.00 0.00 0.01 0.01 2
100.68 101.53 46.85 1 614.00 0.00 0.01 0.01 5
97.42 100.09 93.64 2 615.00 0.00 0.03 0.01 5
96.08 99.01 94.54 2 616.00 0.00 0.01 0.04 3896
97.68 97.71 93.49 2 617.00 0.00 0.01 0.03 16
93.94 98.71 93.78 6 618.00 0.00 0.03 0.01 5
93.06 97.81 92.62 6 619.00 0.00 0.03 0.04 27
93.17 93.22 90.30 1 620.00 0.00 0.03 0.01 6
91.54 95.51 85.04 4 621.00 0.00 0.03 0.01 157
89.22 91.61 89.12 1 622.00 0.00 0.03 0.02 137
89.24 90.58 89.35 1 623.00 0.00 0.03 0.01 122
87.23 92.08 89.37 4 624.00 0.00 0.01 0.01 528
87.46 90.47 89.80 13 625.00 0.00 0.03 0.01 9
85.17 88.38 34.72 1 626.00 0.00 0.03 0.01 24
85.82 87.85 80.79 1 627.00 0.00 0.01 0.01 1
87.56 87.61 84.19 3 628.00 0.00 0.03 0.01 2
84.97 85.48 81.43 2 629.00 0.00 0.01 0.01 4
82.95 84.72 85.03 2 630.00 0.00 0.03 0.01 113
83.75 83.80 79.73 1 631.00 0.00 0.01 0.01 151
80.61 81.96 80.78 2 632.00 0.00 0.03 0.01 161
81.55 81.61 76.47 11 633.00 0.00 0.03 0.01 1058
79.67 79.73 78.78 17 634.00 0.00 0.03 0.01 902
78.46 78.52 78.89 16 635.00 0.00 0.01 0.01 4
78.40 78.46 77.26 147 636.00 0.00 0.01 0.01 233
76.20 76.26 73.23 1 637.00 0.00 0.01 0.01 157
76.77 77.05 74.87 14 638.00 0.00 0.03 0.01 115
74.91 74.96 73.84 24 639.00 0.00 0.03 0.01 984
74.02 74.52 74.45 18 640.00 0.00 0.01 0.01 2
73.00 73.05 71.71 20 641.00 0.00 0.03 0.03 1714
71.95 72.00 67.52 1 642.00 0.00 0.03 0.01 703
70.33 71.14 69.30 5 643.00 0.00 0.03 0.01 1
70.87 70.92 68.82 16 644.00 0.00 0.01 0.01 3167
69.92 69.99 68.58 8 645.00 0.00 0.01 0.01 7
66.94 67.66 68.01 8 646.00 0.00 0.01 0.01 12
65.88 65.93 66.86 10 647.00 0.00 0.03 0.01 30
65.00 67.28 65.78 5 648.00 0.00 0.03 0.01 18
64.76 65.29 64.27 13 649.00 0.00 0.01 0.01 763
64.19 64.69 64.07 77 650.00 0.00 0.03 0.01 25
63.64 63.69 61.94 15 651.00 0.00 0.01 0.01 63
62.99 63.04 61.31 15 652.00 0.00 0.01 0.01 11
61.75 61.81 60.47 20 653.00 0.00 0.01 0.01 12
60.68 60.75 60.08 34 654.00 0.00 0.01 0.01 25
58.61 59.80 58.51 789 655.00 0.00 0.01 0.01 10
59.20 59.27 57.82 33 656.00 0.00 0.01 0.01 26
57.68 57.74 57.09 132 657.00 0.00 0.03 0.01 1
56.12 56.74 56.00 466 658.00 0.00 0.03 0.01 80
55.69 55.74 54.57 37 659.00 0.00 0.03 0.01 10
54.26 54.31 52.90 80 660.00 0.00 0.01 0.01 107
52.36 54.03 53.10 36 661.00 0.00 0.03 0.01 2
52.38 52.92 51.30 15 662.00 0.00 0.03 0.01 16
50.58 50.71 50.30 85 663.00 0.00 0.01 0.01 4
49.52 50.32 49.27 21 664.00 0.00 0.03 0.01 5
49.04 49.28 48.78 46 665.00 0.00 0.01 0.01 85
48.86 48.92 47.47 52 666.00 0.00 0.01 0.01 5
46.14 47.75 45.94 19 667.00 0.00 0.01 0.01 8
46.00 46.07 45.69 389 668.00 0.00 0.01 0.01 114
45.23 45.52 44.45 53 669.00 0.00 0.01 0.01 117
44.34 44.42 44.12 140 670.00 0.00 0.03 0.01 177
43.91 43.97 43.59 52 671.00 0.00 0.03 0.01 20
42.55 42.61 41.61 30 672.00 0.00 0.01 0.01 560
41.25 41.31 41.15 60 673.00 0.00 0.01 0.02 962
40.22 40.28 40.09 46 674.00 0.00 0.01 0.01 40
38.57 38.64 38.46 194 675.00 0.00 0.03 0.01 229
38.31 38.38 37.48 19 676.00 0.00 0.01 0.01 241
36.84 37.63 36.53 65 677.00 0.00 0.01 0.01 1714
36.15 36.70 37.23 6 677.50 0.00 0.01 0.01 712
36.09 36.58 36.42 76 678.00 0.00 0.03 0.01 252
35.35 35.41 34.63 50 679.00 0.00 0.03 0.01 2788
33.87 33.97 34.05 711 680.00 0.00 0.03 0.01 4918
32.87 32.94 33.27 105 681.00 0.00 0.01 0.01 13877
32.30 32.34 32.20 144 682.00 0.00 0.03 0.02 18679
30.97 31.37 31.21 29 682.50 0.00 0.03 0.01 529
30.64 30.71 31.00 72 683.00 0.03 0.04 0.03 1972
30.04 30.11 29.79 45 684.00 0.01 0.04 0.01 3776
29.59 29.66 29.65 290 685.00 0.01 0.04 0.03 4533
28.14 28.63 27.56 259 686.00 0.01 0.04 0.01 5165
27.17 27.27 27.54 158 687.00 0.03 0.04 0.03 3153
27.00 27.07 26.37 7 687.50 0.03 0.04 0.03 1384
25.76 26.43 25.23 36 688.00 0.03 0.04 0.03 2183
24.96 25.03 24.35 95 689.00 0.03 0.04 0.03 21158
23.74 24.47 24.53 791 690.00 0.03 0.04 0.01 40230
22.76 23.43 23.19 138 691.00 0.01 0.02 0.01 11079
22.34 22.53 22.55 143 692.00 0.03 0.04 0.03 15371
21.50 21.94 21.86 85 692.50 0.03 0.04 0.02 2188
20.69 21.33 20.36 529 693.00 0.03 0.04 0.03 5330
20.09 20.17 19.67 195 694.00 0.04 0.05 0.02 9317
18.85 19.22 19.03 503 695.00 0.03 0.04 0.02 10550
18.12 18.21 17.44 232 696.00 0.01 0.05 0.04 4447
17.06 17.37 17.29 327 697.00 0.03 0.04 0.02 7746
16.78 16.87 15.95 138 697.50 0.03 0.04 0.04 12950
16.06 16.15 15.53 299 698.00 0.01 0.02 0.02 22732
15.18 15.24 15.42 437 699.00 0.03 0.04 0.02 23081
14.10 14.21 14.33 3449 700.00 0.01 0.04 0.02 52105
12.97 13.01 13.01 2401 701.00 0.04 0.05 0.04 53175
12.21 12.28 11.95 2488 702.00 0.01 0.05 0.04 41575
11.10 11.17 11.03 3674 703.00 0.01 0.05 0.02 43640
10.21 10.32 10.22 5501 704.00 0.04 0.05 0.02 118832
8.90 9.31 9.29 10594 705.00 0.04 0.05 0.04 113628
8.21 8.28 8.25 8214 706.00 0.04 0.05 0.04 154943
7.00 7.28 7.39 10130 707.00 0.04 0.05 0.03 175936
6.14 6.21 6.18 20513 708.00 0.01 0.02 0.03 249539
5.11 5.24 5.25 65070 709.00 0.01 0.06 0.05 332824
4.17 4.18 4.15 217076 710.00 0.05 0.06 0.02 382779
3.13 3.15 3.06 294154 711.00 0.03 0.08 0.07 315015
2.12 2.16 2.17 353140 712.00 0.10 0.11 0.07 329325
1.23 1.29 1.27 379547 713.00 0.16 0.17 0.17 490252
0.53 0.54 0.53 466134 714.00 0.48 0.49 0.49 203227
0.16 0.21 0.20 315917 715.00 1.12 1.13 1.12 71263
0.05 0.06 0.05 248163 716.00 2.00 2.02 1.95 17457
0.05 0.06 0.02 121963 717.00 2.84 3.00 2.93 10333
0.01 0.05 0.04 78441 718.00 3.90 3.95 3.83 6342
0.03 0.04 0.01 29429 719.00 4.93 4.97 4.99 4437
0.01 0.04 0.01 39176 720.00 5.83 5.89 5.96 6265
0.03 0.04 0.03 5022 721.00 6.90 6.99 7.24 1957
0.03 0.04 0.01 6324 722.00 7.96 8.12 8.39 996
0.00 0.01 0.01 3066 723.00 8.95 9.11 9.58 871
0.00 0.01 0.01 7675 724.00 9.69 10.08 10.68 106
0.00 0.03 0.01 3993 725.00 10.90 10.96 11.53 151
0.00 0.01 0.01 1613 726.00 11.97 12.09 12.67 4
0.00 0.01 0.01 961 727.00 12.78 12.92 13.58 16
0.00 0.03 0.01 1513 728.00 13.80 13.93 14.68 151
0.00 0.01 0.01 2174 729.00 14.95 15.20 15.84 3
0.00 0.03 0.01 1233 730.00 15.96 16.13 16.55 46
0.00 0.01 0.01 103 731.00 16.99 17.10 17.61 9
0.00 0.03 0.01 80 732.00 17.71 17.88 18.49 4
0.00 0.03 0.01 210 733.00 18.86 19.35 19.80 2
0.00 0.01 0.01 200 734.00 19.62 19.73 23.72 2
0.00 0.03 0.01 128 735.00 20.68 21.30
0.00 0.03 0.01 291 736.00 21.75 21.80
0.00 0.01 0.01 447 737.00 22.96 23.27 26.37 3
0.00 0.03 0.01 540 738.00 24.27 24.32 28.53 2
0.00 0.01 0.01 1 739.00 24.42 24.67 27.79 3
0.00 0.01 0.01 2 740.00 26.26 26.31 29.53 2
0.00 0.03 0.01 1 745.00 30.84 31.11 36.42 6
0.00 0.03 0.01 16 750.00 34.46 37.05 37.96 1
0.00 0.01 0.01 1 755.00 40.30 41.26 44.30 1
0.00 0.03 0.01 3 760.00 45.50 46.98 49.23 2
0.00 0.03 0.01 3 765.00 50.24 52.71 57.12 30
0.00 0.01 0.01 1 770.00 56.84 57.42 60.18 2
0.00 0.01 0.01 1 775.00 59.12 62.20
0.00 0.03 0.01 1 780.00 63.79 68.52
0.00 0.03 0.01 15 785.00 71.16 72.23
0.00 0.03 0.01 4 790.00 74.55 76.48
0.00 0.03 0.01 1003 795.00 78.84 83.35 86.36 1
0.00 0.03 0.01 20 800.00 83.33 87.16 86.56 1
0.00 0.01 0.01 20 805.00 88.16 92.75
0.00 0.01 0.01 100 810.00 94.39 96.54
0.00 0.01 0.01 2 815.00 99.56 101.14
0.00 0.03 0.01 3 820.00 102.93 106.77
0.00 0.01 0.01 4 825.00 110.70 113.28
0.00 0.03 0.01 350 830.00 117.16 119.46 172.43 2
0.00 0.01 0.01 230 835.00 120.86 122.16
0.00 0.03 840.00 123.35 128.77
0.00 0.03 845.00 128.96 131.50
0.00 0.03 0.01 11 850.00 134.32 137.07
0.00 0.01 855.00 138.98 141.09
0.00 0.03 860.00 142.21 148.93
0.00 0.03 0.01 1 865.00 148.31 154.11
0.00 0.03 870.00 155.95 158.38
0.00 0.01 875.00 160.32 165.35
0.00 0.03 880.00 162.94 164.98
0.00 0.01 885.00 167.43 173.50
0.00 0.01 890.00 174.97 177.29
0.00 0.03 895.00 180.54 183.10 186.34 1
0.00 0.01 0.01 1 900.00 181.34 183.87 190.28 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 $714.08.

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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