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
210.90 213.01 500.00 0.00 0.01 0.01 52
211.43 213.61 505.00 0.00 0.01 0.03 1
203.44 205.61 510.00 0.00 0.01 0.04 20
201.32 203.49 515.00 0.00 0.03
193.39 195.56 187.88 1 520.00 0.00 0.03
186.29 193.37 525.00 0.00 0.03 0.02 112
180.64 185.30 530.00 0.00 0.03 0.04 1
175.73 178.87 535.00 0.00 0.03 0.01 9
175.86 178.04 169.27 2 540.00 0.00 0.01 0.01 2
166.17 167.67 545.00 0.00 0.03 0.01 32
160.22 165.41 550.00 0.00 0.01 0.01 50
160.85 161.02 555.00 0.00 0.01 0.01 50
151.68 154.87 560.00 0.00 0.01 0.01 40
145.74 153.02 565.00 0.00 0.03 0.01 1
143.27 147.31 570.00 0.00 0.01 0.01 2
135.45 137.86 575.00 0.00 0.03 0.01 82
134.71 136.89 580.00 0.00 0.03 0.03 116
125.47 130.10 585.00 0.00 0.01 0.01 10
123.18 123.59 590.00 0.00 0.01 0.01 133
117.19 119.15 595.00 0.00 0.01 0.01 500
112.93 113.41 600.00 0.00 0.03 0.01 769
109.21 111.69 605.00 0.00 0.01 0.01 61
101.89 107.22 99.79 4 81.3 0.99 610.00 0.00 0.01 0.01 15
97.85 99.39 91.33 1 615.00 0.00 0.03 0.01 3
93.03 96.89 89.33 2 85.4 0.97 620.00 0.00 0.03 0.01 2
89.31 90.11 75.2 0.98 625.00 0.00 0.01 0.02 108
83.92 86.71 83.7 0.95 630.00 0.01 0.04 0.01 636 49.9 -0.00
77.51 81.41 70.04 2 59.1 0.99 635.00 0.03 0.04 0.02 880 48.7 -0.00
73.93 74.89 70.05 2 53.2 0.99 640.00 0.01 0.02 0.03 1351 42.1 -0.00
71.73 74.07 69.05 2 641.00 0.03 0.04 0.03 1336 45.1 -0.00
71.86 73.26 68.21 2 57.9 0.98 642.00 0.01 0.02 0.03 11 41.0 -0.00
69.03 73.21 643.00 0.01 0.02 0.01 1 40.4 -0.00
67.88 71.05 644.00 0.03 0.04 0.02 4 43.4 -0.00
68.08 70.05 68.10 1 645.00 0.01 0.04 0.01 16 41.3 -0.00
68.05 68.54 37.5 1.00 646.00 0.03 0.04 0.03 1 42.2 -0.00
65.22 68.86 64.31 1 647.00 0.03 0.04 0.02 1 41.6 -0.00
65.71 65.87 62.65 1 648.00 0.03 0.04 0.03 50 41.0 -0.00
64.21 65.87 61.52 1 649.00 0.01 0.02 0.05 22 37.2 -0.00
62.39 65.69 60.68 11 650.00 0.03 0.04 0.03 96 39.9 -0.00
61.97 64.24 51.69 192 651.00 0.01 0.02 0.03 443 36.1 -0.00
61.85 62.03 56.28 6 652.00 0.01 0.05 0.02 255 38.1 -0.00
59.09 63.08 55.12 1 653.00 0.01 0.02 0.03 20 35.0 -0.00
58.37 60.31 654.00 0.04 0.05 0.02 3467 38.6 -0.01
57.31 60.15 58.75 6 655.00 0.01 0.02 0.03 3417 33.9 -0.00
57.81 58.47 54.01 10 656.00 0.01 0.02 0.04 97 33.4 -0.00
56.85 58.14 51.72 24 45.0 0.98 657.00 0.04 0.05 0.02 809 36.8 -0.01
55.19 57.19 55.81 2 658.00 0.04 0.05 0.02 963 36.2 -0.01
53.53 56.60 50.16 1 659.00 0.01 0.05 0.02 90 34.0 -0.00
54.72 55.13 53.88 22 52.2 0.95 660.00 0.01 0.05 0.02 86 33.5 -0.00
51.13 53.54 49.61 2 661.00 0.04 0.05 0.02 24 34.4 -0.01
50.65 52.12 47.35 10 662.00 0.01 0.02 0.02 152 30.1 -0.00
49.48 51.38 45.31 3 663.00 0.04 0.05 0.02 72 33.2 -0.01
48.75 51.45 42.07 4 664.00 0.04 0.05 0.03 58 32.6 -0.01
47.40 50.36 48.52 13 665.00 0.04 0.05 0.04 284 32.0 -0.01
47.05 49.55 26.7 1.00 666.00 0.01 0.06 0.05 63 30.5 -0.01
46.68 48.01 31.5 0.99 667.00 0.05 0.06 0.04 122 31.6 -0.01
45.54 47.82 45.38 10 41.5 0.96 668.00 0.01 0.06 0.05 229 29.4 -0.01
44.76 47.04 44.59 9 44.5 0.95 669.00 0.05 0.06 0.02 8 30.4 -0.01
43.06 44.73 43.85 17 670.00 0.05 0.06 0.05 341 29.8 -0.01
42.49 45.06 42.66 2 40.9 0.96 671.00 0.05 0.06 0.02 501 29.1 -0.01
40.38 43.08 41.68 1 672.00 0.05 0.06 0.03 110 28.5 -0.01
39.22 42.14 37.74 4 673.00 0.05 0.06 0.03 163 27.9 -0.01
39.12 41.14 39.62 2 674.00 0.05 0.06 0.06 263 27.3 -0.01
39.35 39.83 38.75 67 34.4 0.97 675.00 0.06 0.07 0.04 673 27.3 -0.01
37.41 39.78 35.64 3 33.7 0.97 676.00 0.06 0.07 0.05 325 26.6 -0.01
35.42 37.59 36.85 4 677.00 0.06 0.07 0.03 495 26.0 -0.01
35.29 36.35 26.63 8 678.00 0.06 0.07 0.05 805 25.4 -0.01
34.40 35.57 29.74 2 679.00 0.06 0.07 0.04 597 24.8 -0.01
33.98 34.66 33.49 232 21.5 0.99 680.00 0.07 0.08 0.04 4188 24.6 -0.01
33.45 34.03 32.52 80 32.4 0.95 681.00 0.03 0.04 0.07 1043 21.8 -0.01
30.65 33.29 31.19 8 682.00 0.07 0.08 0.06 578 23.4 -0.01
29.49 32.46 30.52 21 683.00 0.07 0.08 0.06 1116 22.7 -0.01
29.28 31.78 29.19 11 26.4 0.97 684.00 0.04 0.05 0.05 1659 20.6 -0.01
29.40 29.51 28.48 110 24.0 0.97 685.00 0.08 0.09 0.08 5431 21.8 -0.02
27.88 28.99 28.16 85 22.8 0.98 686.00 0.05 0.10 0.09 3038 20.8 -0.02
27.22 27.31 26.71 414 687.00 0.09 0.10 0.07 1072 20.9 -0.02
25.84 26.24 26.34 26 688.00 0.06 0.07 0.10 2470 19.1 -0.01
24.84 24.88 25.70 16 689.00 0.07 0.08 0.11 5738 18.8 -0.02
24.13 24.31 24.66 343 690.00 0.07 0.08 0.11 11649 18.2 -0.02
23.16 23.24 22.62 33 691.00 0.13 0.14 0.12 2464 19.2 -0.03
22.10 22.20 21.95 88 692.00 0.14 0.15 0.14 2516 18.8 -0.03
21.05 21.52 20.80 928 693.00 0.11 0.12 0.12 2522 17.4 -0.03
20.44 20.61 19.70 209 18.8 0.96 694.00 0.17 0.18 0.14 2206 17.9 -0.04
19.07 19.12 19.26 2265 695.00 0.16 0.21 0.16 6807 17.4 -0.04
18.43 18.52 17.51 240 16.5 0.96 696.00 0.18 0.19 0.22 3922 16.6 -0.04
17.29 17.39 16.85 200 12.4 0.99 697.00 0.26 0.27 0.26 3142 17.1 -0.06
16.33 16.74 15.80 232 15.9 0.95 698.00 0.29 0.30 0.29 4418 16.7 -0.06
15.20 15.26 14.79 1208 699.00 0.33 0.34 0.33 6096 16.4 -0.07
14.71 14.80 14.53 1241 16.7 0.91 700.00 0.38 0.39 0.35 23350 16.1 -0.08
13.59 13.81 13.33 797 15.3 0.91 701.00 0.40 0.41 0.45 8562 15.4 -0.09
12.66 12.69 12.42 460 14.2 0.91 702.00 0.51 0.52 0.51 6528 15.5 -0.11
11.69 11.74 11.70 853 13.7 0.90 703.00 0.59 0.60 0.59 11051 15.2 -0.12
10.89 10.98 10.91 472 14.5 0.87 704.00 0.64 0.69 0.68 8536 14.7 -0.14
9.79 10.07 9.81 1032 13.5 0.86 705.00 0.74 0.80 0.75 17963 14.4 -0.16
9.13 9.17 9.18 637 13.9 0.83 706.00 0.87 0.88 0.92 11167 14.0 -0.18
8.21 8.25 8.24 844 13.2 0.81 707.00 1.01 1.06 1.06 12911 13.8 -0.20
7.16 7.45 7.62 6271 12.5 0.78 708.00 1.21 1.22 1.17 16523 13.6 -0.23
6.54 6.58 6.39 7908 12.6 0.74 709.00 1.36 1.41 1.38 21507 13.2 -0.26
5.72 5.83 5.86 21487 12.3 0.71 710.00 1.62 1.64 1.64 34497 13.0 -0.30
4.91 4.96 4.99 31002 11.6 0.67 711.00 1.88 1.89 1.82 30407 12.7 -0.34
4.32 4.36 4.22 47459 11.8 0.62 712.00 2.17 2.19 2.20 39113 12.4 -0.38
3.54 3.62 3.54 33215 11.2 0.57 713.00 2.48 2.53 2.53 27776 12.1 -0.43
3.00 3.07 3.00 50672 11.2 0.52 714.00 2.96 2.97 2.89 18050 12.1 -0.48
2.46 2.51 2.45 29209 10.9 0.46 715.00 3.38 3.39 3.40 3660 11.7 -0.53
2.02 2.05 2.01 19696 10.8 0.41 716.00 3.83 3.92 3.85 2715 11.4 -0.59
1.55 1.60 1.54 11354 10.5 0.35 717.00 4.49 4.53 4.55 830 11.5 -0.64
1.18 1.23 1.22 8503 10.2 0.29 718.00 4.96 5.05 5.43 3936 10.7 -0.70
0.91 0.92 0.91 6902 10.1 0.24 719.00 5.67 5.82 5.76 831 10.8 -0.75
0.61 0.67 0.62 42275 9.8 0.19 720.00 6.57 6.64 6.57 3635 11.2 -0.78
0.46 0.47 0.43 7406 9.7 0.14 721.00 7.38 7.43 7.58 355 11.2 -0.82
0.28 0.33 0.28 11961 9.4 0.11 722.00 8.17 8.21 8.20 2266 10.9 -0.86
0.18 0.23 0.19 10731 9.3 0.08 723.00 8.95 9.26 8.88 752 11.2 -0.88
0.11 0.16 0.16 6212 9.2 0.05 724.00 9.86 10.24 10.57 749 11.6 -0.90
0.11 0.12 0.08 6591 9.6 0.04 725.00 10.96 11.17 11.67 1013 12.6 -0.90
0.08 0.09 0.08 4497 9.8 0.03 726.00 11.72 12.05 12.48 80 11.5 -0.94
0.02 0.07 0.06 2098 9.4 0.02 727.00 11.82 14.16 12.87 22 13.5 -0.92
0.05 0.06 0.03 2930 10.4 0.02 728.00 12.80 13.99 14.69 10
0.01 0.02 0.04 2473 9.2 0.01 729.00 13.70 16.33 16.25 40 15.4 -0.93
0.01 0.05 0.02 2375 10.7 0.01 730.00 15.06 16.92 16.50 30 15.9 -0.93
0.01 0.04 0.02 1406 11.0 0.01 731.00 15.86 18.18 20.79 1 17.0 -0.93
0.03 0.04 0.03 747 12.1 0.01 732.00 16.92 18.92 25.40 1 16.5 -0.95
0.01 0.04 0.02 1193 12.1 0.01 733.00 18.04 20.35 20.5 -0.92
0.03 0.04 0.03 50 13.2 0.01 734.00 18.36 20.79
0.03 0.04 0.01 5741 13.8 0.01 735.00 20.02 21.89 27.60 2 19.2 -0.95
0.03 0.04 0.01 3821 14.4 0.01 736.00 20.16 22.85 22.19 1
0.00 0.01 0.03 610 737.00 21.51 24.13 18.2 -0.97
0.00 0.03 0.02 566 738.00 22.76 25.46 23.5 -0.94
0.00 0.03 0.01 767 739.00 23.59 25.56
0.00 0.03 0.01 827 740.00 24.41 26.94 29.97 114
0.00 0.03 0.01 855 741.00 25.66 27.62 31.02 114
0.00 0.01 742.00 26.10 28.50 30.94 114
0.00 0.01 0.01 7 743.00 27.21 29.91 33.24 114
0.00 0.03 744.00 28.63 31.61 33.19 114 28.1 -0.94
0.00 0.03 0.01 1 745.00 30.21 31.55 34.96 114 25.1 -0.97
0.00 0.01 0.01 6 746.00 30.17 33.16
0.00 0.01 0.01 364 750.00 35.34 36.96 40.50 1 33.1 -0.95
0.00 0.01 0.01 3 755.00 40.29 41.40 45.81 1 30.7 -0.98
0.00 0.03 0.01 1 760.00 44.25 46.29 50.81 1
0.00 0.03 0.01 1 765.00 48.94 52.12 55.09 1
0.00 0.03 0.03 8 770.00 54.65 56.89 36.9 -0.99
0.00 0.01 0.01 10 775.00 59.91 62.86 54.0 -0.95
0.00 0.01 0.01 78 780.00 65.12 67.81 58.6 -0.95
0.00 0.03 0.01 15 785.00 70.88 71.39 56.2 -0.97
0.00 0.03 790.00 73.44 75.60
0.00 0.01 795.00 81.42 81.48 68.3 -0.96
0.00 0.03 0.04 1 800.00 83.20 87.84
0.00 0.03 0.03 50 805.00 89.91 93.07 75.3 -0.96
0.00 0.03 0.03 4 810.00 93.38 97.03
0.00 0.03 0.01 1 815.00 98.89 103.03 69.3 -0.98
0.00 0.01 0.01 163 820.00 105.91 107.26 86.3 -0.96
0.00 0.03 825.00 111.72 113.88 105.9 -0.93
0.00 0.03 830.00 112.87 114.95
0.00 0.03 835.00 120.55 121.48 82.0 -0.98
0.00 0.01 840.00 126.37 126.39
0.00 0.03 0.01 1 845.00 128.68 130.41
0.00 0.03 850.00 135.63 137.18
0.00 0.03 855.00 140.42 142.60
0.00 0.01 860.00 142.28 146.38
0.00 0.03 865.00 151.42 153.60
0.00 0.03 870.00 157.72 160.11
0.00 0.01 875.00 162.16 164.34
0.00 0.01 880.00 163.30 165.41
0.00 0.01 885.00 168.88 174.65
0.00 0.03 890.00 174.35 180.42
0.00 0.01 895.00 180.06 184.26
0.00 0.01 900.00 186.39 186.47
0.00 0.01 905.00 191.33 193.51
0.00 0.01 910.00 192.03 200.82
0.00 0.01 915.00 202.40 203.26
0.00 0.01 920.00 206.35 208.51
0.00 0.03 925.00 211.88 212.90
0.00 0.03 930.00 212.77 220.28
0.00 0.03 935.00 222.95 225.11
0.00 0.03 940.00 220.42 231.43
0.00 0.01 0.01 1 945.00 232.90 235.06
0.00 0.03 0.01 1 950.00 236.88 239.09 236.52 9

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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