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
316.77 319.43 310.88 3000 400.00 0.05 0.06 0.05 1 72.2 -0.00
312.42 315.40 405.00 0.05 0.06 0.05 1 70.8 -0.00
303.92 310.90 410.00 0.02 0.03 0.05 1 64.8 -0.00
300.12 302.65 415.00 0.06 0.07 0.08 2 69.0 -0.00
288.70 302.41 75.2 1.00 420.00 0.03 0.04 0.09 1 63.9 -0.00
286.41 289.11 287.00 1 425.00 0.03 0.08 0.05 20 65.1 -0.00
278.65 288.56 430.00 0.07 0.08 0.08 2 65.7 -0.00
284.58 287.13 435.00 0.08 0.09 0.11 21 65.1 -0.00
276.77 280.94 440.00 0.04 0.09 0.08 113 62.1 -0.00
265.00 268.13 263.24 2 445.00 0.05 0.10 0.12 1 61.6 -0.00
259.87 270.65 450.00 0.09 0.10 0.07 100 61.6 -0.00
253.82 262.33 455.00 0.06 0.11 0.10 106 59.6 -0.00
249.57 251.89 249.35 1 460.00 0.07 0.12 0.13 2 58.9 -0.00
247.48 253.33 465.00 0.11 0.12 0.11 1 58.8 -0.00
243.83 249.78 78.9 0.98 470.00 0.12 0.13 0.12 5 57.9 -0.00
236.78 240.33 475.00 0.12 0.13 0.14 2 56.6 -0.00
238.55 241.07 229.21 1 95.0 0.95 480.00 0.09 0.14 0.12 2 54.8 -0.00
233.44 234.82 89.4 0.96 485.00 0.10 0.15 0.12 2 54.0 -0.00
224.93 229.72 76.0 0.97 490.00 0.15 0.16 0.19 2 53.9 -0.00
221.66 224.18 78.4 0.96 495.00 0.11 0.16 0.20 3 51.8 -0.00
216.05 220.62 211.63 2 79.1 0.96 500.00 0.12 0.13 0.16 5 50.1 -0.00
213.40 215.91 84.0 0.95 505.00 0.17 0.18 0.22 1 50.7 -0.01
207.65 210.79 79.9 0.95 510.00 0.18 0.19 0.19 3 49.7 -0.01
196.68 202.15 515.00 0.15 0.16 0.24 2 47.5 -0.01
195.30 197.37 180.62 2 56.2 0.98 520.00 0.16 0.17 0.21 6 46.5 -0.01
191.06 193.75 64.0 0.97 525.00 0.17 0.22 0.30 143 46.2 -0.01
183.52 186.03 149.09 1 530.00 0.18 0.19 0.23 5 44.6 -0.01
177.37 182.32 535.00 0.20 0.25 0.24 7 44.4 -0.01
176.77 177.29 172.48 1 56.2 0.97 540.00 0.21 0.26 0.26 7 43.4 -0.01
169.84 172.42 45.4 0.99 545.00 0.22 0.23 0.28 20 41.9 -0.01
167.35 168.01 134.63 2 57.1 0.96 550.00 0.28 0.29 0.29 28 41.9 -0.01
156.93 161.49 555.00 0.30 0.31 0.31 11 41.0 -0.01
151.93 157.40 560.00 0.28 0.33 0.32 27 39.7 -0.01
147.34 152.20 144.58 2 565.00 0.34 0.35 0.37 2 39.1 -0.01
147.28 149.83 54.6 0.94 570.00 0.36 0.37 0.38 72 38.1 -0.01
138.43 144.38 39.7 0.98 575.00 0.39 0.40 0.39 23 37.3 -0.01
133.56 136.27 133.39 1 580.00 0.42 0.43 0.43 5 36.4 -0.02
129.51 131.27 585.00 0.45 0.46 0.45 75 35.4 -0.02
126.37 128.90 122.48 2 43.5 0.95 590.00 0.45 0.50 0.47 9 34.4 -0.02
121.81 122.93 120.53 10 40.6 0.96 595.00 0.49 0.50 0.52 30 33.3 -0.02
116.06 118.70 115.59 10 39.0 0.95 600.00 0.57 0.58 0.59 59 32.8 -0.02
113.88 115.37 601.00 0.58 0.59 0.61 2 32.6 -0.02
110.92 114.51 602.00 0.59 0.60 0.80 121 32.4 -0.02
111.54 116.88 37.2 0.96 603.00 0.60 0.61 0.74 220 32.3 -0.02
110.40 114.41 31.2 0.98 604.00 0.57 0.58 0.68 1 31.7 -0.02
110.48 112.68 103.83 1 32.4 0.97 605.00 0.63 0.64 0.66 2 32.0 -0.03
108.07 111.79 21.9 1.00 606.00 0.60 0.65 0.69 7 31.6 -0.03
110.07 112.12 40.1 0.94 607.00 0.65 0.66 0.84 79 31.6 -0.03
105.50 111.60 31.3 0.97 608.00 0.62 0.67 0.67 1 31.3 -0.03
104.39 108.84 609.00 0.67 0.68 0.68 144 31.2 -0.03
106.46 109.20 98.75 2 38.0 0.94 610.00 0.69 0.70 0.69 35 31.1 -0.03
105.50 108.68 38.8 0.94 611.00 0.66 0.67 0.69 25 30.6 -0.03
105.05 107.05 38.3 0.94 612.00 0.71 0.72 0.71 4 30.8 -0.03
102.52 104.97 31.3 0.97 613.00 0.73 0.74 1.11 2 30.6 -0.03
99.27 105.76 29.3 0.97 614.00 0.70 0.71 0.73 127 30.1 -0.03
98.70 104.41 72.00 2 29.4 0.97 615.00 0.75 0.77 0.77 24 30.3 -0.03
97.98 103.72 31.1 0.96 616.00 0.73 0.78 0.80 1 30.0 -0.03
99.60 102.13 35.9 0.94 617.00 0.78 0.79 0.93 13 29.9 -0.03
97.14 101.43 95.01 2 33.0 0.95 618.00 0.76 0.77 0.79 5 29.5 -0.03
96.89 99.18 31.3 0.96 619.00 0.78 0.79 1.26 47 29.4 -0.03
95.75 98.45 90.40 5 31.4 0.96 620.00 0.79 0.84 0.85 542 29.3 -0.03
92.67 96.43 621.00 0.81 0.82 0.86 84 29.0 -0.03
92.46 97.61 30.4 0.96 622.00 0.87 0.88 0.92 1 29.1 -0.04
91.68 94.61 22.8 0.99 623.00 0.89 0.90 0.89 72 29.0 -0.04
91.62 94.42 86.11 4 29.8 0.96 624.00 0.90 0.92 0.96 3 28.8 -0.04
88.83 92.46 86.22 2 625.00 0.92 0.94 0.95 526 28.6 -0.04
88.33 90.78 87.27 5 626.00 0.90 0.96 1.00 13 28.4 -0.04
89.16 90.82 28.7 0.96 627.00 0.96 0.98 1.03 3 28.3 -0.04
87.25 91.83 57.03 2 31.1 0.94 628.00 0.99 1.00 0.98 229 28.2 -0.04
85.92 89.21 55.11 2 25.4 0.97 629.00 1.01 1.02 1.34 51 28.0 -0.04
83.93 89.62 81.74 10 26.6 0.96 630.00 0.99 1.04 1.03 106 27.8 -0.04
83.35 86.61 83.05 2 15.7 1.00 631.00 1.01 1.07 1.08 5 27.6 -0.04
83.85 84.70 22.1 0.98 632.00 1.08 1.09 1.09 2 27.6 -0.05
84.26 84.94 50.82 40 29.8 0.94 633.00 1.10 1.12 1.12 108 27.4 -0.05
83.29 84.64 49.34 2 30.9 0.93 634.00 1.09 1.14 1.16 1 27.1 -0.05
81.26 81.59 78.28 1 22.7 0.97 635.00 1.11 1.13 1.17 31 26.9 -0.05
79.62 82.68 77.12 1 26.9 0.95 636.00 1.14 1.16 1.20 6 26.8 -0.05
78.30 81.46 25.2 0.96 637.00 1.21 1.23 1.23 6 26.8 -0.05
77.54 81.75 51.08 2 28.4 0.93 638.00 1.20 1.26 1.28 3 26.6 -0.05
76.74 78.20 72.46 1 22.0 0.97 639.00 1.27 1.29 1.28 3 26.5 -0.06
76.92 77.25 74.99 2 25.4 0.95 640.00 1.26 1.28 1.30 117 26.2 -0.06
74.45 76.53 21.6 0.97 641.00 1.29 1.31 1.34 10 26.0 -0.06
73.54 77.72 32.14 1 27.1 0.93 642.00 1.33 1.35 2.65 5 25.9 -0.06
74.08 75.44 42.25 40 27.3 0.93 643.00 1.40 1.42 1.43 1 25.9 -0.06
70.74 75.45 29.71 1 24.2 0.95 644.00 1.40 1.41 1.45 4 25.6 -0.06
71.18 72.08 67.60 5 21.4 0.96 645.00 1.43 1.44 1.50 57 25.4 -0.06
70.64 73.20 68.61 1 26.9 0.92 646.00 1.46 1.49 1.56 2 25.3 -0.07
67.95 72.36 64.85 1 23.6 0.94 647.00 1.57 1.58 1.61 3 25.4 -0.07
70.52 70.98 66.47 497 28.9 0.90 648.00 1.54 1.56 1.64 34 25.0 -0.07
66.67 70.91 42.88 1 25.5 0.92 649.00 1.64 1.66 1.66 90 25.0 -0.07
66.61 67.40 64.67 5 22.0 0.95 650.00 1.68 1.69 1.69 304 24.9 -0.07
64.50 68.93 60.23 1 24.6 0.92 651.00 1.68 1.70 1.77 42 24.6 -0.08
64.91 67.09 59.93 3 25.2 0.92 652.00 1.72 1.79 1.79 34 24.5 -0.08
64.48 65.31 62.13 1 24.6 0.92 653.00 1.83 1.84 1.88 18 24.5 -0.08
62.77 64.67 61.23 2 23.7 0.92 654.00 1.87 1.89 1.91 4 24.3 -0.08
63.63 63.97 59.39 5 26.6 0.89 655.00 1.94 1.96 1.91 583 24.2 -0.09
59.21 62.48 43.16 6 19.5 0.95 656.00 1.98 2.00 2.03 122 24.0 -0.09
59.24 61.85 55.74 5 22.1 0.92 657.00 1.99 2.06 2.07 40 23.8 -0.09
59.85 61.08 57.25 1 24.7 0.90 658.00 2.08 2.10 2.10 25 23.7 -0.09
58.86 61.47 55.11 1 26.2 0.88 659.00 2.10 2.12 2.23 40 23.5 -0.09
56.39 59.10 51.39 3 21.9 0.92 660.00 2.16 2.17 2.21 1158 23.3 -0.10
56.85 57.94 52.57 25 23.5 0.90 661.00 2.29 2.31 2.32 14 23.4 -0.10
54.70 57.33 56.41 1 22.1 0.91 662.00 2.35 2.37 2.47 125 23.2 -0.10
54.75 55.28 52.68 2 21.8 0.91 663.00 2.36 2.38 2.48 118 22.9 -0.11
54.14 55.90 50.41 10 24.1 0.88 664.00 2.46 2.51 2.52 15 22.9 -0.11
52.59 54.90 53.92 14 23.1 0.88 665.00 2.54 2.57 2.53 142 22.8 -0.11
51.36 53.12 51.08 5 21.4 0.90 666.00 2.55 2.64 2.69 15 22.5 -0.12
52.55 52.99 47.97 3 24.9 0.86 667.00 2.69 2.72 2.85 24 22.5 -0.12
50.86 51.20 50.76 6 22.8 0.87 668.00 2.72 2.74 2.80 112 22.2 -0.12
49.27 49.44 47.87 1 20.7 0.89 669.00 2.80 2.82 2.98 14 22.1 -0.13
49.30 49.65 47.29 7 23.1 0.86 670.00 2.92 2.95 2.94 3393 22.0 -0.13
48.77 49.19 48.13 3 23.9 0.85 671.00 2.95 2.96 3.06 30 21.7 -0.13
46.44 46.82 45.91 12 20.4 0.88 672.00 3.13 3.15 3.12 27 21.8 -0.14
44.75 47.38 41.45 1 21.1 0.86 673.00 3.22 3.24 3.29 57 21.7 -0.14
45.11 45.48 45.13 2 21.3 0.86 674.00 3.29 3.31 3.45 28 21.5 -0.15
44.26 45.29 42.89 4 22.0 0.84 675.00 3.41 3.43 3.39 210 21.4 -0.15
41.93 43.12 41.08 2 18.8 0.87 676.00 3.45 3.51 3.58 2 21.2 -0.16
41.06 42.85 42.52 50 19.5 0.86 677.00 3.60 3.66 3.63 286 21.1 -0.16
42.58 42.89 38.99 1 22.7 0.82 678.00 3.72 3.74 3.86 41 20.9 -0.17
41.49 41.73 38.11 7 22.1 0.82 679.00 3.73 3.76 3.94 17 20.6 -0.17
40.10 40.21 40.11 24 20.9 0.82 680.00 3.92 3.95 3.93 428 20.6 -0.17
39.28 39.85 38.86 43 21.3 0.81 681.00 3.95 4.03 4.24 7 20.4 -0.18
38.02 38.25 37.33 1 20.1 0.82 682.00 4.19 4.21 4.38 14 20.4 -0.19
37.76 38.23 34.73 1 21.3 0.80 683.00 4.35 4.36 4.42 28 20.3 -0.19
35.05 37.29 32.88 1 19.4 0.81 684.00 4.42 4.46 4.57 18 20.1 -0.20
35.49 36.34 35.25 14 20.3 0.79 685.00 4.48 4.52 4.62 186 19.8 -0.20
34.53 34.92 34.31 3 19.6 0.79 686.00 4.66 4.69 5.15 303 19.7 -0.21
31.96 33.98 33.53 51 17.8 0.81 687.00 4.80 4.91 4.99 39 19.6 -0.21
31.42 33.42 32.61 20 18.3 0.79 688.00 4.99 5.02 5.23 16 19.5 -0.22
32.77 33.06 31.99 25 20.4 0.76 689.00 5.04 5.09 5.34 71 19.2 -0.23
31.61 32.14 31.34 47 19.9 0.76 690.00 5.24 5.35 5.38 305 19.2 -0.23
29.34 30.41 30.23 31 17.8 0.77 691.00 5.40 5.46 5.67 13 19.0 -0.24
28.94 29.83 29.03 44 18.3 0.76 692.00 5.58 5.70 5.70 88 18.9 -0.25
29.16 29.30 28.63 30 19.2 0.74 693.00 5.75 5.94 5.89 234 18.8 -0.26
27.51 28.71 27.61 73 18.6 0.74 694.00 5.89 6.13 6.29 365 18.6 -0.26
27.20 27.43 27.55 40 18.4 0.73 695.00 6.29 6.32 6.28 373 18.6 -0.27
26.59 27.07 25.95 133 18.8 0.72 696.00 6.34 6.37 6.49 67 18.3 -0.28
25.90 26.14 25.19 116 18.6 0.71 697.00 6.61 6.64 6.65 102 18.2 -0.29
24.09 25.04 24.58 123 17.5 0.71 698.00 6.70 6.79 7.02 92 17.9 -0.29
23.85 24.67 23.77 136 18.0 0.70 699.00 7.03 7.07 7.09 297 17.9 -0.30
22.99 23.82 23.18 94 17.8 0.69 700.00 7.29 7.30 7.33 964 17.8 -0.31
22.99 23.90 22.57 140 18.8 0.67 701.00 7.60 7.65 7.76 49 17.8 -0.32
22.11 22.33 21.39 151 17.9 0.67 702.00 7.63 7.68 8.01 58 17.4 -0.33
20.13 21.14 20.74 163 16.6 0.67 703.00 7.87 7.90 8.11 126 17.2 -0.34
20.66 20.84 20.40 164 17.7 0.65 704.00 8.35 8.38 8.13 65 17.4 -0.35
19.66 19.85 19.33 75 17.2 0.64 705.00 8.44 8.64 8.38 859 17.1 -0.36
18.12 19.74 18.67 123 16.9 0.63 706.00 8.87 8.97 9.10 306 17.1 -0.37
18.46 18.52 17.73 285 17.1 0.62 707.00 8.95 9.16 9.27 258 16.8 -0.38
17.42 17.77 17.33 185 16.7 0.61 708.00 9.54 9.58 9.46 681 16.9 -0.39
17.02 17.24 16.33 424 16.9 0.59 709.00 9.76 9.78 9.73 71 16.6 -0.40
16.03 16.16 15.82 1042 16.2 0.59 710.00 10.06 10.09 10.18 974 16.5 -0.42
15.36 15.41 14.97 238 16.1 0.57 711.00 10.16 10.46 10.53 409 16.2 -0.43
13.67 15.95 14.40 121 16.0 0.56 712.00 10.80 10.84 10.99 487 16.3 -0.44
14.04 14.05 14.02 465 15.7 0.55 713.00 11.23 11.26 11.50 984 16.2 -0.45
13.72 13.75 13.32 150 16.0 0.54 714.00 11.62 11.63 11.59 115 16.1 -0.46
13.06 13.08 12.90 297 15.8 0.52 715.00 11.92 11.96 11.89 232 15.9 -0.48
12.32 12.35 12.67 118 15.5 0.51 716.00 11.97 12.47 12.34 50 15.6 -0.49
11.86 11.89 11.22 177 15.5 0.50 717.00 12.64 12.68 12.69 9 15.5 -0.50
11.07 11.14 10.68 105 15.2 0.48 718.00 13.22 13.26 13.37 4 15.6 -0.51
10.69 10.76 10.46 85 15.3 0.47 719.00 13.32 13.67 15.2 -0.53
10.15 10.18 9.88 795 15.1 0.46 720.00 14.10 14.11 14.10 18 15.3 -0.54
9.63 9.66 9.17 113 15.0 0.44 721.00 14.27 16.09 14.60 1 16.0 -0.55
8.96 9.04 8.69 115 14.7 0.43 722.00 13.71 16.50 17.52 1 15.1 -0.57
8.61 8.64 8.42 110 14.8 0.42 723.00 15.43 15.81 15.82 1 15.0 -0.58
8.10 8.19 7.75 62 14.7 0.40 724.00 14.86 16.91 16.49 3 14.6 -0.60
7.67 7.69 7.63 380 14.5 0.39 725.00 16.33 16.55 17.24 7 14.5 -0.61
6.98 7.16 6.77 97 14.2 0.37 726.00 16.69 17.09 21.87 10 14.3 -0.63
6.70 6.73 6.51 49 14.2 0.36 727.00 16.14 19.46 18.40 1 14.6 -0.64
6.17 6.32 6.12 50 14.0 0.34 728.00 16.97 20.31 19.02 1 14.9 -0.65
5.91 5.93 5.71 58 14.0 0.33 729.00 18.50 18.65 21.88 2 13.9 -0.67
5.58 5.60 5.46 660 14.0 0.32 730.00 19.65 20.04 20.15 15 14.7 -0.67
5.11 5.13 4.90 184 13.7 0.30 731.00 20.00 20.36 14.2 -0.69
4.66 4.69 4.42 64 13.5 0.29 732.00 21.10 21.37 14.7 -0.70
4.46 4.48 4.43 6 13.6 0.28 733.00 21.24 22.14 24.75 1 14.3 -0.71
4.13 4.15 4.12 28 13.5 0.26 734.00 22.38 22.65 29.47 1 14.4 -0.72
3.76 3.83 3.83 79 13.3 0.25 735.00 22.74 23.63 27.96 7 14.3 -0.74
3.47 3.54 3.31 42 13.2 0.23 736.00 23.32 23.85 24.51 3 13.8 -0.76
3.21 3.23 3.30 13 13.1 0.22 737.00 24.30 24.48 33.58 1 13.8 -0.77
2.99 3.04 2.91 19 13.1 0.21 738.00 24.91 27.55 26.12 1 15.6 -0.75
2.70 2.72 2.59 10 12.9 0.20 739.00 25.72 26.24 30.00 3 13.8 -0.79
2.49 2.55 2.54 423 12.9 0.18 740.00 27.11 27.47 29.27 3 14.7 -0.78
2.33 2.35 2.24 21 12.8 0.17 741.00 27.71 29.16 15.3 -0.78
2.07 2.10 1.98 234 12.7 0.16 742.00 28.10 28.91 31.60 1 14.0 -0.81
1.90 1.97 1.77 45 12.7 0.15 743.00 29.34 31.72 16.2 -0.79
1.78 1.80 1.73 111 12.6 0.14 744.00 30.24 30.95 14.9 -0.82
1.63 1.65 1.50 334 12.6 0.13 745.00 31.33 32.32 37.79 2 15.6 -0.81
1.43 1.50 1.43 268 12.5 0.12 746.00 31.84 32.42 14.6 -0.84
1.35 1.37 1.26 23 12.5 0.11 747.00 32.73 34.03 15.4 -0.83
1.23 1.25 1.14 136 12.4 0.11 748.00 34.53 34.87 37.48 1 16.4 -0.83
1.12 1.14 1.05 34 12.4 0.10 749.00 34.44 34.99 38.58 1 14.6 -0.86
1.02 1.04 1.02 369 12.4 0.09 750.00 34.64 36.93 41.62 10 15.1 -0.86
0.60 0.65 0.59 52 12.2 0.06 755.00 40.08 43.09 18.4 -0.84
0.41 0.42 0.39 31 12.3 0.04 760.00 44.33 47.21 18.0 -0.88
0.27 0.28 0.25 8 12.5 0.03 765.00 48.85 52.49 56.44 2 19.1 -0.89
0.15 0.16 0.18 1 12.3 0.02 770.00 55.01 57.89 22.5 -0.87
0.14 0.15 0.14 5 13.2 0.02 775.00 59.92 61.13 21.4 -0.90
0.07 0.08 0.10 200 12.9 0.01 780.00 64.25 68.09 24.6 -0.89
0.04 0.05 0.07 5 12.9 0.01 785.00 68.76 73.06 25.2 -0.90
0.03 0.08 0.07 12 14.1 0.01 790.00 75.84 76.32 27.0 -0.90
0.06 0.07 0.04 2000 15.1 0.01 795.00 80.01 83.43 30.1 -0.89
0.05 0.06 0.06 4 15.6 0.01 800.00 83.87 86.55 26.7 -0.93
0.04 0.05 0.02 7 16.1 0.00 805.00 89.35 92.43 30.2 -0.91
0.04 0.05 0.02 10 16.8 0.00 810.00 94.86 95.77 29.4 -0.93
0.04 0.05 0.04 2 17.6 0.00 815.00 98.50 102.47 31.2 -0.93
0.03 0.04 0.02 10 17.8 0.00 820.00 105.47 107.09 35.1 -0.91
0.03 0.04 18.6 0.00 825.00 108.48 112.67 33.9 -0.93
0.01 0.04 0.04 1 18.6 0.00 830.00 114.08 115.06 30.6 -0.95
0.01 0.04 19.3 0.00 835.00 120.03 121.25 36.4 -0.93
0.01 0.04 20.0 0.00 840.00 124.12 127.78 38.7 -0.92
0.03 0.04 21.3 0.00 845.00 127.56 132.81 36.8 -0.94
0.03 0.04 0.02 2 22.0 0.00 850.00 133.27 135.00 32.1 -0.97
0.00 0.03 0.01 18 855.00 138.30 142.28 39.4 -0.94
0.00 0.03 860.00 142.02 146.28 34.2 -0.97
0.00 0.01 865.00 150.50 151.66 44.7 -0.93
0.00 0.01 0.01 28 870.00 153.56 160.02 48.3 -0.92
0.00 0.01 875.00 158.14 162.59 44.0 -0.94
0.00 0.03 880.00 163.56 167.59 221.53 1 45.9 -0.94
0.00 0.01 0.01 100 885.00 171.30 174.02 54.4 -0.91
0.00 0.01 0.01 385 890.00 177.91 180.63 60.1 -0.89
0.00 0.03 895.00 183.11 185.63 61.5 -0.89
0.00 0.01 900.00 182.15 188.07 47.8 -0.95

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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