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
215.70 218.32 500.00 0.00 0.03 0.01 10
211.62 213.79 505.00 0.00 0.01 0.02 120
206.24 208.41 510.00 0.00 0.03
199.93 200.35 515.00 0.00 0.03 0.04 30
194.39 197.90 520.00 0.00 0.01 0.01 100
188.55 189.67 525.00 0.00 0.03 0.02 90
179.44 181.65 179.34 2 530.00 0.00 0.03
175.91 180.87 174.77 4 535.00 0.00 0.01
174.65 178.56 169.82 6 540.00 0.00 0.03 0.03 40
166.33 167.75 545.00 0.00 0.03 0.01 5
165.03 167.21 550.00 0.00 0.03 0.01 11
160.52 162.70 154.37 2 555.00 0.00 0.01 0.07 10
151.80 153.79 560.00 0.00 0.03 0.01 6
147.10 150.17 565.00 0.00 0.03 0.03 23
142.42 147.50 570.00 0.00 0.01 0.02 3
135.72 140.36 575.00 0.00 0.01 0.02 8
133.73 136.07 580.00 0.00 0.03 0.01 5
126.63 130.70 585.00 0.00 0.03 0.01 13
122.11 125.26 590.00 0.00 0.01 0.01 5
117.02 119.50 595.00 0.00 0.03 0.01 87
111.57 116.24 600.00 0.00 0.01 0.03 160
107.91 110.50 605.00 0.00 0.01 0.03 5
105.02 105.92 88.8 0.96 610.00 0.01 0.04 0.01 351 53.2 -0.00
98.10 98.74 615.00 0.01 0.02 0.02 6 48.4 -0.00
91.91 96.57 620.00 0.03 0.04 0.03 54 49.9 -0.00
86.89 88.85 625.00 0.03 0.04 0.03 15 47.3 -0.00
84.47 85.45 80.30 43 65.5 0.97 630.00 0.01 0.02 0.02 50 41.2 -0.00
78.49 80.95 56.9 0.98 635.00 0.01 0.05 0.03 9 41.5 -0.00
71.98 75.82 640.00 0.01 0.02 0.04 220 36.5 -0.00
72.21 73.91 72.53 8 641.00 0.04 0.05 0.08 93 40.2 -0.00
71.96 72.88 67.83 43 40.7 0.99 642.00 0.04 0.05 0.07 26 39.7 -0.00
70.66 71.04 643.00 0.04 0.05 0.14 178 39.2 -0.00
67.82 70.55 68.47 2 644.00 0.01 0.05 0.02 1 37.0 -0.00
67.32 69.23 645.00 0.04 0.05 0.04 21 38.1 -0.00
67.20 68.21 66.07 1 646.00 0.04 0.05 0.02 60 37.6 -0.01
67.20 67.23 647.00 0.01 0.02 0.04 244 33.2 -0.00
64.67 66.65 648.00 0.01 0.02 0.04 1 32.7 -0.00
63.10 65.15 58.58 2 649.00 0.05 0.06 0.02 100 36.9 -0.01
62.76 65.40 63.16 10 650.00 0.05 0.06 0.05 13 36.4 -0.01
62.73 65.20 51.01 238 50.9 0.96 651.00 0.01 0.06 0.02 2 34.1 -0.00
61.22 62.76 57.60 1 652.00 0.01 0.06 0.05 438 33.6 -0.00
59.01 62.41 56.14 4 653.00 0.05 0.06 0.05 50 34.8 -0.01
59.62 61.50 55.16 4 40.4 0.98 654.00 0.05 0.06 0.05 241 34.2 -0.01
58.05 60.17 55.64 10 655.00 0.01 0.06 0.05 215 32.0 -0.00
56.98 60.07 52.52 1 38.0 0.98 656.00 0.05 0.06 0.04 112 33.2 -0.01
57.10 58.31 55.86 10 42.1 0.97 657.00 0.02 0.07 0.06 4 31.9 -0.01
55.82 58.30 55.89 1 47.4 0.95 658.00 0.06 0.07 0.06 1 32.8 -0.01
54.87 56.09 52.76 1 34.5 0.99 659.00 0.06 0.07 0.03 6 32.3 -0.01
52.45 54.21 50.39 8 660.00 0.06 0.07 0.06 60 31.7 -0.01
52.23 53.55 48.46 1 661.00 0.06 0.07 0.06 5 31.2 -0.01
51.63 52.65 49.04 9 662.00 0.06 0.07 0.06 10 30.6 -0.01
49.24 52.36 48.96 11 663.00 0.02 0.03 0.07 2 27.0 -0.00
48.88 50.46 46.13 3 664.00 0.06 0.07 0.04 2 29.6 -0.01
47.56 50.45 48.42 8 665.00 0.03 0.04 0.05 19 27.0 -0.01
46.56 48.42 45.97 12 666.00 0.07 0.08 0.05 350 29.0 -0.01
45.19 48.46 43.65 3 667.00 0.03 0.08 0.06 1 27.4 -0.01
45.83 46.40 44.99 11 668.00 0.03 0.04 0.08 5 25.5 -0.01
43.60 45.62 43.26 14 669.00 0.07 0.08 0.07 32 27.4 -0.01
42.55 44.53 43.91 2 670.00 0.08 0.09 0.05 3074 27.3 -0.01
41.30 45.05 41.75 9 671.00 0.08 0.09 0.06 19 26.8 -0.01
40.78 44.12 38.93 10 26.0 0.99 672.00 0.04 0.09 0.08 97 25.3 -0.01
39.53 42.45 673.00 0.08 0.09 0.09 46 25.6 -0.01
39.54 41.35 36.73 1 24.6 0.99 674.00 0.09 0.10 0.07 142 25.5 -0.01
38.26 40.34 38.48 13 675.00 0.05 0.06 0.08 3401 23.2 -0.01
36.25 39.19 35.57 1 676.00 0.05 0.06 0.09 531 22.6 -0.01
36.37 38.54 34.10 2 23.3 0.99 677.00 0.10 0.11 0.10 446 24.1 -0.02
34.94 37.24 29.38 2 678.00 0.07 0.08 0.10 471 22.5 -0.01
34.78 35.70 34.40 5 679.00 0.11 0.12 0.08 381 23.3 -0.02
33.98 34.56 30.91 2 680.00 0.08 0.09 0.12 1825 21.7 -0.01
33.40 34.15 32.71 7 27.5 0.95 681.00 0.09 0.10 0.12 1970 21.5 -0.02
31.91 32.00 32.06 20 682.00 0.09 0.10 0.14 584 21.0 -0.02
31.17 32.08 25.73 5 23.9 0.96 683.00 0.15 0.16 0.15 484 22.0 -0.02
30.49 30.62 24.56 4 21.9 0.97 684.00 0.12 0.17 0.15 380 21.1 -0.02
28.76 28.96 28.66 3 685.00 0.13 0.14 0.16 1487 20.3 -0.02
28.52 28.65 27.73 5 21.2 0.97 686.00 0.15 0.20 0.15 349 20.6 -0.03
27.70 27.82 27.08 13 23.2 0.95 687.00 0.20 0.21 0.16 961 20.5 -0.03
26.56 26.90 25.85 10 22.1 0.95 688.00 0.22 0.23 0.18 748 20.2 -0.04
25.23 25.51 24.59 6 689.00 0.20 0.25 0.21 274 19.6 -0.04
24.45 24.58 23.78 175 17.4 0.97 690.00 0.27 0.28 0.23 3483 19.7 -0.05
23.37 23.78 21.33 16 17.9 0.96 691.00 0.29 0.30 0.25 494 19.3 -0.05
22.77 22.90 19.78 9 20.5 0.93 692.00 0.33 0.34 0.28 2177 19.1 -0.05
21.89 22.01 21.18 21 20.8 0.92 693.00 0.32 0.37 0.33 506 18.6 -0.06
20.33 20.85 19.89 126 16.1 0.96 694.00 0.40 0.41 0.40 493 18.5 -0.07
19.38 19.41 19.55 402 10.5 0.99 695.00 0.44 0.45 0.40 2882 18.2 -0.07
18.56 18.94 18.37 639 16.7 0.93 696.00 0.49 0.50 0.48 667 17.9 -0.08
17.39 17.88 17.29 267 14.7 0.95 697.00 0.55 0.56 0.56 4142 17.7 -0.09
16.56 16.99 16.81 1471 15.5 0.92 698.00 0.57 0.62 0.55 1096 17.2 -0.10
15.67 16.12 15.73 584 15.8 0.91 699.00 0.65 0.70 0.64 555 17.0 -0.11
14.59 15.27 14.48 1664 15.3 0.90 700.00 0.77 0.78 0.76 6367 16.9 -0.12
14.21 14.34 13.75 9997 16.8 0.86 701.00 0.81 0.86 0.85 906 16.4 -0.13
12.82 13.21 12.85 2567 14.3 0.88 702.00 0.92 0.97 0.95 1349 16.2 -0.15
12.05 12.16 11.53 669 14.0 0.86 703.00 1.03 1.04 1.06 1393 15.8 -0.16
11.11 11.56 10.92 39 14.5 0.84 704.00 1.15 1.16 1.10 800 15.5 -0.18
10.26 10.42 10.69 376 13.6 0.83 705.00 1.33 1.34 1.33 3343 15.5 -0.20
9.50 9.53 9.56 183 13.5 0.80 706.00 1.45 1.50 1.50 2723 15.1 -0.22
8.79 9.04 8.91 198 14.3 0.76 707.00 1.62 1.68 1.62 2575 14.8 -0.25
7.88 8.07 7.95 1840 13.5 0.74 708.00 1.82 1.90 1.86 14622 14.6 -0.28
7.13 7.46 6.77 2842 13.6 0.70 709.00 2.08 2.10 2.02 3648 14.3 -0.30
6.36 6.47 6.52 5602 12.9 0.68 710.00 2.33 2.34 2.31 6977 14.0 -0.33
5.82 5.88 5.94 4240 13.2 0.64 711.00 2.57 2.58 2.59 5603 13.6 -0.37
5.17 5.24 5.19 3638 13.1 0.60 712.00 2.95 2.96 2.94 3184 13.6 -0.40
4.49 4.55 4.38 5158 12.7 0.56 713.00 3.28 3.29 3.34 4469 13.2 -0.44
3.86 3.88 3.95 4279 12.3 0.52 714.00 3.58 3.60 3.69 3986 12.7 -0.48
3.29 3.31 3.40 5444 12.1 0.48 715.00 3.99 4.06 4.01 1744 12.5 -0.52
2.72 2.79 2.75 2278 11.7 0.43 716.00 4.55 4.63 4.89 1055 12.5 -0.57
2.25 2.32 2.33 2267 11.5 0.38 717.00 5.11 5.19 5.08 1050 12.4 -0.61
1.81 1.88 1.79 3653 11.2 0.34 718.00 5.57 5.72 5.60 1565 11.9 -0.65
1.49 1.51 1.48 2672 11.1 0.29 719.00 6.14 6.34 6.91 400 11.6 -0.70
1.16 1.18 1.15 7934 10.8 0.25 720.00 6.78 7.09 6.95 1389 11.5 -0.74
0.88 0.90 0.91 1849 10.5 0.20 721.00 7.61 7.78 8.55 123 11.5 -0.78
0.61 0.63 0.64 2612 10.1 0.16 722.00 8.38 8.45 9.37 1576 11.1 -0.82
0.47 0.49 0.49 2065 10.1 0.13 723.00 9.27 9.42 12.86 2 11.6 -0.84
0.29 0.31 0.32 1249 9.5 0.09 724.00 10.18 10.33 10.05 3965 12.0 -0.86
0.24 0.25 0.21 4314 9.8 0.08 725.00 11.13 11.19 11.92 416 12.2 -0.87
0.17 0.18 0.13 1170 9.7 0.06 726.00 11.72 11.97 20.00 1 10.5 -0.93
0.12 0.13 0.09 462 9.7 0.04 727.00 12.66 12.84 21.55 2 10.1 -0.95
0.09 0.10 0.07 340 9.8 0.03 728.00 13.43 14.28 17.68 30 12.0 -0.93
0.03 0.08 0.07 619 9.5 0.02 729.00 14.61 15.24 20.50 106 13.3 -0.93
0.06 0.07 0.03 2539 10.3 0.02 730.00 15.53 16.14 18.03 124 13.1 -0.94
0.05 0.06 0.03 352 10.6 0.02 731.00 16.75 17.58 16.8 -0.90
0.04 0.05 0.02 141 10.8 0.02 732.00 17.45 18.24 25.17 2 14.5 -0.94
0.01 0.02 0.04 140 9.8 0.01 733.00 18.25 19.28 14.1 -0.96
0.01 0.05 0.04 173 11.2 0.01 734.00 19.78 20.16 17.2 -0.93
0.01 0.04 0.04 5 11.4 0.01 735.00 20.74 20.89 16.0 -0.95
0.03 0.04 0.02 11 12.4 0.01 736.00 21.19 22.31 15.6 -0.96
0.03 0.04 0.03 13 12.9 0.01 737.00 22.46 23.49 19.2 -0.94
0.01 0.02 0.02 54 12.1 0.01 738.00 22.10 23.94
0.03 0.04 0.01 1 13.9 0.01 739.00 24.34 25.19 17.7 -0.97
0.03 0.04 0.03 1292 14.3 0.01 740.00 23.84 25.87
0.03 0.04 0.03 2 14.8 0.01 741.00 26.28 27.74 22.2 -0.94
0.01 0.04 14.7 0.01 742.00 26.35 28.01
0.01 0.04 15.2 0.01 743.00 28.00 29.27 16.4 -0.99
0.01 0.02 0.03 160 14.8 0.00 744.00 28.28 30.28
0.01 0.04 0.01 126 16.1 0.01 745.00 30.57 31.34 24.1 -0.95
0.03 0.04 0.01 1000 17.2 0.01 746.00 30.61 33.99 28.5 -0.92
0.00 0.01 0.01 75 750.00 34.43 37.55 54.27 2 27.6 -0.95
0.00 0.01 0.01 1000 755.00 38.72 42.26
0.00 0.01 0.01 73 760.00 44.75 47.09 32.5 -0.96
0.00 0.03 0.01 1 765.00 50.11 52.90 43.0 -0.93
0.00 0.01 0.03 1 770.00 55.09 57.76 45.2 -0.94
0.00 0.03 0.01 5 775.00 60.52 61.63 43.5 -0.96
0.00 0.03 780.00 64.87 67.18 45.5 -0.97
0.00 0.01 0.01 14 785.00 70.40 72.30 53.2 -0.95
0.00 0.01 0.03 50 790.00 75.64 77.80 60.7 -0.94
0.00 0.01 795.00 79.80 83.46 62.6 -0.94
0.00 0.03 800.00 83.31 88.31 51.0 -0.98
0.00 0.03 805.00 90.54 91.70 60.6 -0.97
0.00 0.03 0.01 100 810.00 95.33 96.59 59.9 -0.98
0.00 0.01 0.01 103 815.00 97.90 102.36
0.00 0.03 820.00 103.00 105.31
0.00 0.01 0.01 56 825.00 108.91 113.32 70.8 -0.97
0.00 0.01 830.00 115.11 116.22 58.7 -0.99
0.00 0.01 835.00 122.14 122.40 92.8 -0.94
0.00 0.01 840.00 126.47 128.57 98.4 -0.94
0.00 0.03 845.00 128.36 131.93
0.00 0.03 850.00 134.08 136.63
0.00 0.03 855.00 140.60 144.32 105.9 -0.94
0.00 0.03 860.00 147.07 148.38
0.00 0.03 865.00 147.28 154.70 86.7 -0.98
0.00 0.01 870.00 157.55 159.40
0.00 0.01 875.00 158.94 159.03
0.00 0.01 880.00 168.18 170.36
0.00 0.01 885.00 171.40 173.61
0.00 0.03 890.00 178.36 178.75
0.00 0.03 895.00 182.88 185.06
0.00 0.03 900.00 187.73 189.91
0.00 0.03 905.00 187.24 194.60
0.00 0.01 910.00 193.81 197.62
0.00 0.01 915.00 201.73 203.91
0.00 0.03 920.00 205.21 205.86
0.00 0.01 925.00 209.91 212.07
0.00 0.03 930.00 218.82 220.98
0.00 0.03 935.00 215.54 224.53
0.00 0.03 940.00 221.14 227.08
0.00 0.01 945.00 234.46 236.73
0.00 0.03 950.00 237.32 239.20

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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