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
316.80 320.30 310.86 296 400.00 0.00 0.03 0.01 2
311.34 313.51 309.58 296 405.00 0.00 0.01 0.05 110
307.12 309.32 410.00 0.00 0.03 0.01 200
302.24 304.42 415.00 0.00 0.01 0.01 400
289.25 296.19 420.00 0.00 0.01 0.01 10
283.06 286.49 425.00 0.00 0.01 0.04 100
284.92 287.11 430.00 0.00 0.03 0.03 200
280.11 282.35 278.86 2 435.00 0.00 0.03 0.01 1
273.05 275.24 440.00 0.00 0.03 0.01 813
265.24 271.30 445.00 0.00 0.01 0.01 11
266.16 268.28 265.75 1 450.00 0.00 0.03 0.01 100
262.22 264.39 455.00 0.00 0.03 0.01 7
251.57 252.73 460.00 0.00 0.01 0.01 45
249.56 251.46 465.00 0.00 0.03 0.01 7
241.46 246.50 186.27 4 470.00 0.00 0.01 0.01 7
236.76 242.21 475.00 0.00 0.01 0.01 123
236.40 238.58 230.68 1 480.00 0.00 0.03 0.01 128
230.61 232.79 485.00 0.00 0.01 0.01 1074
223.96 228.79 490.00 0.00 0.03 0.01 458
220.65 222.81 495.00 0.00 0.03 0.01 1
211.44 214.15 214.10 1 500.00 0.00 0.03 0.01 13
212.13 214.30 505.00 0.00 0.01 0.01 3
203.26 206.97 200.98 6 510.00 0.00 0.03 0.01 329
201.51 202.42 194.31 2 515.00 0.00 0.03 0.01 10
191.59 195.07 163.85 3 520.00 0.00 0.01 0.01 268
189.64 191.82 156.85 1 525.00 0.00 0.03 0.01 200
181.83 188.48 110.30 26 530.00 0.00 0.03 0.01 5
181.73 183.92 159.52 3 535.00 0.00 0.01 0.01 2428
174.33 176.48 164.55 2 540.00 0.00 0.01 0.01 918
170.21 172.46 545.00 0.00 0.03 0.01 2000
163.79 166.51 161.82 1 550.00 0.03 0.04 0.01 1975 66.0 -0.00
160.23 162.39 153.77 4 555.00 0.01 0.04 0.02 19 62.0 -0.00
150.70 157.02 151.13 16 560.00 0.01 0.02 0.03 22 57.4 -0.00
146.69 148.78 139.68 1 565.00 0.03 0.04 0.01 5 59.8 -0.00
141.20 145.05 108.26 1 570.00 0.03 0.04 0.03 11 57.7 -0.00
136.17 142.46 133.09 1 575.00 0.03 0.04 0.01 40 55.6 -0.00
132.57 137.77 121.58 20 76.6 0.98 580.00 0.01 0.04 0.03 45 52.0 -0.00
129.80 131.96 115.80 20 84.4 0.96 585.00 0.03 0.04 0.02 112 51.6 -0.00
121.20 126.57 121.91 1 590.00 0.01 0.02 0.04 124 45.9 -0.00
118.19 119.27 116.48 10 595.00 0.04 0.05 0.02 67 48.8 -0.00
114.23 117.59 110.46 2 75.7 0.96 600.00 0.01 0.05 0.02 642 44.9 -0.00
110.42 116.65 110.28 2 601.00 0.04 0.05 0.02 5 46.4 -0.00
112.30 114.46 109.33 2 67.9 0.97 602.00 0.04 0.05 0.05 355 46.0 -0.00
111.81 113.79 108.51 2 72.7 0.96 603.00 0.05 0.06 0.03 330 46.5 -0.00
109.79 111.61 107.34 2 51.5 0.99 604.00 0.01 0.06 0.07 1 44.0 -0.00
107.71 112.66 106.43 2 63.2 0.97 605.00 0.05 0.06 0.05 171 45.7 -0.00
106.71 110.51 90.78 5 45.2 1.00 606.00 0.01 0.06 0.02 686 43.2 -0.00
105.23 108.05 607.00 0.05 0.06 0.04 570 44.9 -0.00
105.94 106.48 608.00 0.01 0.02 0.04 4 39.2 -0.00
105.27 107.76 65.8 0.96 609.00 0.05 0.06 0.05 1 44.1 -0.00
102.39 106.09 103.67 5 610.00 0.05 0.06 0.03 248 43.6 -0.00
102.25 106.07 96.99 2 59.5 0.97 611.00 0.01 0.02 0.02 3 38.1 -0.00
99.58 102.91 612.00 0.01 0.06 0.04 109 40.9 -0.00
100.71 104.59 65.1 0.96 613.00 0.05 0.06 0.04 99 42.4 -0.00
97.37 100.54 87.69 1 614.00 0.05 0.06 0.06 7 42.0 -0.00
98.18 101.72 96.54 1 53.5 0.98 615.00 0.05 0.06 0.05 65 41.6 -0.00
96.07 97.90 616.00 0.02 0.03 0.06 60 38.0 -0.00
97.49 97.89 44.9 0.99 617.00 0.06 0.07 0.03 11 41.6 -0.00
94.10 97.86 91.13 2 618.00 0.06 0.07 0.03 3 41.1 -0.01
93.95 95.41 619.00 0.02 0.03 0.06 41 36.9 -0.00
94.87 95.85 93.50 3 57.6 0.97 620.00 0.06 0.07 0.04 1144 40.3 -0.01
90.54 95.03 86.96 2 621.00 0.02 0.07 0.03 1051 38.4 -0.00
92.27 94.96 85.96 2 59.6 0.96 622.00 0.02 0.03 0.10 126 35.8 -0.00
91.05 92.48 85.04 2 44.9 0.99 623.00 0.03 0.08 0.09 2 38.4 -0.00
90.94 93.10 88.40 1 62.5 0.95 624.00 0.03 0.08 0.07 2 38.0 -0.00
90.12 90.29 87.91 1 52.7 0.97 625.00 0.03 0.08 0.07 1189 37.6 -0.00
88.71 89.27 76.34 2 48.7 0.98 626.00 0.07 0.08 0.06 420 38.5 -0.01
85.94 89.93 81.18 1 47.1 0.98 627.00 0.03 0.04 0.06 55 35.0 -0.00
84.45 87.56 68.81 1 628.00 0.03 0.04 0.08 36 34.7 -0.00
86.56 86.74 65.40 602 56.0 0.95 629.00 0.04 0.09 0.05 39 36.6 -0.01
82.80 83.45 83.41 1 630.00 0.07 0.08 0.06 191 36.8 -0.01
82.78 86.20 78.03 18 53.1 0.96 631.00 0.04 0.05 0.08 9 34.4 -0.00
82.01 82.62 76.33 1 632.00 0.08 0.09 0.09 10 36.5 -0.01
82.22 82.39 78.90 11 49.8 0.96 633.00 0.08 0.09 0.09 210 36.1 -0.01
80.32 81.88 77.11 1 46.4 0.97 634.00 0.04 0.09 0.08 5 34.6 -0.01
78.73 80.36 75.22 1 635.00 0.04 0.05 0.06 82 32.8 -0.00
78.02 78.42 71.71 1 636.00 0.04 0.05 0.08 21 32.4 -0.00
77.30 77.47 75.16 1 637.00 0.09 0.10 0.09 3 34.9 -0.01
75.46 75.52 61.88 2 638.00 0.05 0.10 0.08 30 33.5 -0.01
75.08 76.32 71.89 1 35.1 0.99 639.00 0.05 0.06 0.09 5 32.0 -0.01
74.09 74.27 74.80 30 640.00 0.09 0.10 0.09 800 33.7 -0.01
74.05 74.23 70.81 1 43.3 0.97 641.00 0.05 0.06 0.09 160 31.2 -0.01
73.34 73.50 66.51 1 46.2 0.96 642.00 0.06 0.07 0.08 19 31.4 -0.01
70.61 70.98 64.53 1 643.00 0.10 0.11 0.10 283 32.8 -0.01
71.00 71.17 64.42 2 41.0 0.97 644.00 0.06 0.07 0.09 418 30.6 -0.01
70.80 71.01 64.10 5 49.0 0.94 645.00 0.10 0.11 0.10 147 32.0 -0.01
68.81 68.85 68.51 1 35.5 0.98 646.00 0.11 0.12 0.12 87 31.9 -0.01
67.84 68.72 63.84 3 41.9 0.96 647.00 0.07 0.08 0.11 638 29.8 -0.01
65.29 67.85 62.50 10 648.00 0.11 0.12 0.08 33 31.1 -0.01
65.73 66.43 58.22 1 38.3 0.97 649.00 0.12 0.13 0.13 27 31.0 -0.01
64.03 64.47 64.29 42 650.00 0.08 0.13 0.11 792 29.8 -0.01
64.57 64.74 60.74 2 43.4 0.94 651.00 0.08 0.13 0.09 51 29.4 -0.01
62.10 62.50 60.66 2 652.00 0.13 0.14 0.12 68 30.0 -0.01
60.62 61.31 61.06 4 653.00 0.09 0.10 0.13 264 28.2 -0.01
60.86 61.03 59.87 30 33.7 0.97 654.00 0.09 0.10 0.14 1503 27.8 -0.01
58.87 60.69 57.79 60 30.1 0.98 655.00 0.14 0.15 0.12 193 29.0 -0.01
59.10 59.26 58.32 10 35.9 0.96 656.00 0.14 0.15 0.11 58 28.5 -0.01
56.54 57.34 55.46 15 657.00 0.15 0.16 0.15 37 28.4 -0.02
55.64 57.39 55.28 21 658.00 0.12 0.13 0.16 195 27.1 -0.01
56.63 56.81 48.43 10 39.4 0.94 659.00 0.16 0.17 0.18 42 27.7 -0.02
54.24 55.42 53.91 174 28.8 0.98 660.00 0.13 0.14 0.15 1437 26.5 -0.01
54.15 54.32 51.47 9 33.8 0.95 661.00 0.13 0.14 0.18 185 26.1 -0.01
52.64 53.13 50.72 2 28.8 0.97 662.00 0.18 0.19 0.17 283 26.8 -0.02
51.96 52.13 45.71 7 30.6 0.96 663.00 0.15 0.16 0.18 389 25.7 -0.02
50.95 51.01 49.61 2 29.2 0.97 664.00 0.16 0.21 0.16 1382 25.9 -0.02
48.96 49.04 49.36 14 665.00 0.17 0.18 0.18 1551 25.3 -0.02
48.57 48.73 48.88 13 21.0 0.99 666.00 0.22 0.23 0.20 348 25.8 -0.02
47.89 48.06 48.75 4 27.6 0.97 667.00 0.19 0.24 0.19 758 25.1 -0.02
46.15 46.90 44.90 1 668.00 0.20 0.25 0.23 603 24.9 -0.02
45.52 46.68 43.91 1 28.1 0.96 669.00 0.21 0.26 0.29 243 24.6 -0.03
45.53 45.70 44.71 338 32.1 0.93 670.00 0.27 0.28 0.25 3231 24.8 -0.03
43.00 43.59 40.54 1 671.00 0.28 0.29 0.29 279 24.4 -0.03
43.43 43.62 42.42 114 30.3 0.93 672.00 0.30 0.31 0.27 515 24.2 -0.03
41.63 42.37 41.82 30 24.9 0.96 673.00 0.32 0.33 0.32 309 24.0 -0.03
40.41 40.75 40.67 99 674.00 0.30 0.31 0.35 215 23.3 -0.03
40.41 40.57 39.18 71 28.3 0.93 675.00 0.36 0.37 0.35 1240 23.5 -0.04
38.76 38.93 37.26 26 21.4 0.97 676.00 0.39 0.40 0.38 512 23.4 -0.04
37.58 37.78 37.82 8 17.5 0.99 677.00 0.41 0.42 0.38 417 23.1 -0.04
36.27 37.58 36.57 11 21.5 0.96 678.00 0.44 0.45 0.42 770 22.9 -0.05
36.46 36.62 34.83 2 26.4 0.92 679.00 0.47 0.48 0.43 307 22.7 -0.05
34.27 34.67 35.00 212 680.00 0.50 0.51 0.47 54160 22.4 -0.05
33.79 33.95 33.38 49 19.3 0.97 681.00 0.54 0.55 0.48 1610 22.3 -0.06
32.98 33.44 30.00 6 22.2 0.94 682.00 0.58 0.59 0.54 834 22.1 -0.06
32.37 32.56 31.24 12 23.5 0.92 683.00 0.63 0.64 0.57 646 21.9 -0.07
31.30 31.67 30.95 7 23.1 0.92 684.00 0.68 0.69 0.65 800 21.8 -0.07
29.61 30.24 29.73 89 17.9 0.96 685.00 0.69 0.74 0.72 4942 21.4 -0.07
29.29 29.43 28.38 58 21.1 0.92 686.00 0.79 0.80 0.74 1161 21.4 -0.08
27.92 28.42 28.04 51 19.1 0.93 687.00 0.81 0.82 0.86 819 20.9 -0.08
27.12 27.84 27.33 56 20.7 0.91 688.00 0.91 0.93 0.88 1186 21.0 -0.09
26.70 26.87 26.04 87 21.8 0.89 689.00 0.99 1.00 0.98 1293 20.9 -0.10
25.21 25.94 25.73 317 20.1 0.90 690.00 1.07 1.08 1.06 8348 20.7 -0.11
25.06 25.22 23.94 174 22.3 0.87 691.00 1.15 1.17 1.12 332 20.5 -0.12
23.42 23.70 23.02 207 18.8 0.89 692.00 1.24 1.26 1.24 1276 20.4 -0.12
23.18 23.33 22.47 225 21.5 0.85 693.00 1.35 1.36 1.32 3206 20.2 -0.13
22.15 22.31 21.21 986 20.7 0.85 694.00 1.41 1.47 1.38 2858 19.9 -0.14
20.83 21.04 20.77 870 18.7 0.86 695.00 1.53 1.58 1.58 56812 19.8 -0.15
20.02 20.38 19.76 1429 19.2 0.84 696.00 1.65 1.71 1.66 2218 19.6 -0.16
19.01 19.27 18.88 289 18.3 0.84 697.00 1.82 1.84 1.84 1290 19.5 -0.17
18.50 18.64 17.87 5079 19.3 0.81 698.00 1.97 1.99 1.97 1325 19.4 -0.19
17.59 17.85 16.87 2853 19.1 0.80 699.00 2.07 2.13 2.07 1366 19.1 -0.20
16.55 16.96 16.70 1876 18.4 0.79 700.00 2.24 2.25 2.30 21706 18.8 -0.21
16.18 16.38 15.89 9415 19.5 0.77 701.00 2.41 2.46 2.37 1411 18.7 -0.22
15.04 15.24 14.37 6182 18.2 0.76 702.00 2.64 2.67 2.54 1003 18.6 -0.24
14.56 14.72 14.25 5068 19.0 0.74 703.00 2.77 2.86 2.77 2323 18.4 -0.26
13.76 13.88 13.79 4296 18.7 0.72 704.00 3.07 3.08 3.02 1219 18.3 -0.27
12.64 12.81 12.80 7170 17.5 0.72 705.00 3.18 3.28 3.27 4083 17.9 -0.29
12.12 12.23 11.96 805 17.9 0.69 706.00 3.44 3.53 3.52 1276 17.8 -0.31
11.35 11.42 11.26 1517 17.6 0.67 707.00 3.79 3.80 3.80 1147 17.7 -0.33
10.41 10.49 10.65 5506 16.8 0.66 708.00 3.93 3.97 3.94 3085 17.2 -0.34
9.74 9.85 9.89 1280 16.8 0.64 709.00 4.32 4.34 4.32 2828 17.2 -0.37
9.27 9.32 9.39 7686 17.1 0.61 710.00 4.57 4.59 4.61 8534 16.9 -0.39
8.45 8.49 8.18 11002 16.5 0.59 711.00 4.86 4.90 4.89 3537 16.6 -0.41
7.86 7.94 7.64 5585 16.5 0.57 712.00 5.32 5.35 5.19 2805 16.7 -0.43
7.16 7.22 7.17 3904 16.1 0.55 713.00 5.55 5.61 5.68 3903 16.1 -0.45
6.63 6.65 6.62 6310 16.0 0.52 714.00 5.97 5.99 6.17 2532 15.9 -0.48
6.06 6.09 6.12 6609 15.8 0.49 715.00 6.37 6.40 6.49 1653 15.7 -0.51
5.34 5.37 5.59 2696 15.2 0.47 716.00 6.90 6.93 7.01 2372 15.7 -0.53
4.76 4.82 4.93 1156 14.9 0.44 717.00 7.32 7.50 7.36 1372 15.6 -0.56
4.30 4.35 4.43 1806 14.8 0.41 718.00 7.79 8.05 7.92 8049 15.4 -0.58
3.93 3.95 3.88 2178 14.8 0.39 719.00 8.33 8.36 8.48 7977 14.9 -0.61
3.44 3.46 3.42 7871 14.5 0.36 720.00 8.96 9.07 9.06 6821 15.0 -0.64
3.02 3.05 2.98 2339 14.3 0.33 721.00 9.45 9.73 9.89 1846 14.8 -0.66
2.57 2.64 2.68 1883 13.9 0.30 722.00 9.98 10.01 10.23 2905 14.0 -0.70
2.26 2.28 2.29 1685 13.8 0.27 723.00 10.53 10.74 10.90 1298 13.8 -0.73
1.92 1.95 1.92 1603 13.5 0.25 724.00 11.54 11.69 11.96 13 14.5 -0.74
1.63 1.64 1.61 12860 13.3 0.22 725.00 12.18 12.40 12.70 197 14.3 -0.76
1.32 1.33 1.35 912 12.9 0.19 726.00 13.00 13.17 13.24 8 14.3 -0.78
1.12 1.13 1.15 1670 12.8 0.17 727.00 13.44 13.99 14.39 341 13.7 -0.81
0.87 0.88 0.88 1384 12.4 0.14 728.00 14.37 14.44 14.85 80 13.1 -0.84
0.73 0.74 0.74 1002 12.3 0.12 729.00 15.32 15.69 19.39 7 14.2 -0.84
0.58 0.59 0.59 2334 12.1 0.10 730.00 16.31 16.47 17.14 407 14.3 -0.86
0.45 0.46 0.39 530 11.9 0.09 731.00 16.50 17.43 19.43 7 12.8 -0.90
0.35 0.36 0.31 1352 11.7 0.07 732.00 17.65 18.08 18.87 1 12.7 -0.91
0.23 0.24 0.24 1508 11.2 0.05 733.00 18.26 19.54 13.5 -0.91
0.17 0.22 0.21 1520 11.2 0.04 734.00 19.60 20.19 14.0 -0.91
0.13 0.14 0.13 870 10.9 0.03 735.00 20.18 21.45 21.18 1 14.0 -0.93
0.09 0.14 0.14 981 11.1 0.03 736.00 21.64 21.97 30.26 2 14.4 -0.93
0.11 0.12 0.11 786 11.5 0.03 737.00 22.90 23.01 27.76 3 16.0 -0.92
0.09 0.10 0.08 233 11.5 0.02 738.00 23.46 23.86 14.2 -0.95
0.08 0.09 0.08 386 11.8 0.02 739.00 24.30 25.61 17.1 -0.92
0.07 0.08 0.07 985 11.9 0.02 740.00 24.82 26.79 31.33 1 16.5 -0.94
0.02 0.07 0.06 120 11.5 0.01 741.00 25.92 26.91 12.1 -0.98
0.05 0.06 0.06 33 12.2 0.01 742.00 27.17 28.28 16.8 -0.95
0.01 0.06 0.04 132 11.8 0.01 743.00 27.86 29.65 34.67 2 17.5 -0.94
0.05 0.06 0.02 374 12.9 0.01 744.00 29.88 30.78 35.65 2 22.1 -0.90
0.04 0.05 0.02 139 12.9 0.01 745.00 30.70 32.15 44.50 6 23.2 -0.90
0.01 0.05 0.03 93 12.7 0.01 746.00 31.25 32.53 20.1 -0.94
0.01 0.02 0.06 13 12.1 0.00 747.00 31.69 32.62
0.01 0.05 0.03 37 13.4 0.01 748.00 33.78 34.79 24.0 -0.91
0.01 0.05 0.02 457 13.7 0.01 749.00 34.70 35.24 22.3 -0.93
0.04 0.05 0.04 1727 14.7 0.01 750.00 34.49 37.04 40.81 72 20.9 -0.95
0.01 0.04 0.04 129 15.4 0.01 755.00 38.93 41.61 44.60 6
0.01 0.04 0.02 109 17.1 0.00 760.00 45.24 47.90 32.0 -0.91
0.03 0.04 0.03 20 19.4 0.01 765.00 48.83 52.61 27.2 -0.96
0.00 0.03 0.01 3 770.00 54.29 58.13 34.4 -0.94
0.00 0.01 0.01 388 775.00 60.63 61.62 35.9 -0.95
0.00 0.01 0.01 62 780.00 64.11 66.31 67.67 2
0.00 0.03 0.02 10 785.00 70.09 72.75 43.1 -0.94
0.00 0.01 0.01 2500 790.00 75.63 77.14 45.0 -0.94
0.00 0.03 0.01 5 795.00 80.29 81.31 84.51 2 40.8 -0.97
0.00 0.01 0.01 11 800.00 84.32 86.27 85.78 1
0.00 0.01 0.01 323 805.00 88.84 90.69 94.87 2
0.00 0.01 0.03 1 810.00 94.19 97.98 50.6 -0.96
0.00 0.03 0.01 2 815.00 100.44 101.98 54.1 -0.96
0.00 0.03 0.01 9 820.00 106.54 107.33 63.0 -0.94
0.00 0.03 0.01 2 825.00 108.05 114.27 170.94 1 57.6 -0.96
0.00 0.01 0.01 34 830.00 115.95 116.03 57.4 -0.97
0.00 0.03 0.01 795 835.00 118.56 123.61 60.6 -0.97
0.00 0.01 0.01 30 840.00 122.71 127.46
0.00 0.03 845.00 129.70 132.68 65.8 -0.96
0.00 0.03 0.02 459 850.00 133.20 136.40
0.00 0.03 855.00 139.52 143.91 75.6 -0.95
0.00 0.01 860.00 146.61 148.79 86.2 -0.93
0.00 0.03 865.00 149.21 150.23
0.00 0.01 870.00 153.68 157.89 68.7 -0.98
0.00 0.03 875.00 160.54 162.72 82.4 -0.96
0.00 0.01 0.01 200 880.00 166.22 168.40 91.1 -0.94
0.00 0.03 885.00 172.81 174.99
0.00 0.03 0.01 1 890.00 176.96 179.14 101.2 -0.93
0.00 0.03 895.00 182.30 184.21 104.8 -0.93
0.00 0.03 0.01 1 900.00 181.96 183.88

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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