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.

$714.13
Last updated: · auto-refresh in 30s
Calls
Strike
Puts
BidAskLastVolIV%Δ Strike BidAskLastVolIV%Δ
259.37 266.86 261.77 1 450.00 0.00 0.01 0.01 4
261.56 263.94 255.78 16 455.00 0.00 0.03 0.01 300
253.73 256.13 460.00 0.00 0.03 0.01 1
252.56 254.96 465.00 0.00 0.03 0.01 15
242.20 243.43 186.57 12 470.00 0.00 0.01 0.01 7
235.70 242.49 180.76 2 475.00 0.00 0.03 0.01 200
233.82 237.61 230.47 1 480.00 0.00 0.03 0.01 2
231.93 234.13 170.00 2 485.00 0.00 0.03 0.01 1
223.11 227.77 165.00 6 490.00 0.00 0.03 0.01 4
214.41 216.04 160.00 2 495.00 0.00 0.03 0.01 10
216.59 217.39 211.07 2 500.00 0.00 0.01 0.01 3
207.38 212.81 206.24 2 505.00 0.00 0.03 0.01 22
199.68 208.36 200.63 2 510.00 0.00 0.03 0.01 1
197.15 202.47 193.89 2 515.00 0.00 0.03 0.01 26
192.72 197.83 190.39 4 520.00 0.00 0.01 0.01 100
186.16 188.93 131.25 3 525.00 0.00 0.03 0.01 1
180.61 188.63 129.72 1 530.00 0.00 0.03 0.01 1
177.23 177.31 103.91 1 535.00 0.00 0.01 0.01 33
174.31 175.05 173.24 1 540.00 0.00 0.03 0.01 50
169.99 172.34 110.50 6 545.00 0.00 0.01 0.01 1
164.97 165.48 156.00 4 550.00 0.00 0.01 0.01 28
160.44 162.80 158.33 5 555.00 0.00 0.03 0.01 109
151.65 152.14 152.60 18 560.00 0.00 0.03 0.01 40
149.13 151.49 142.55 14 565.00 0.00 0.01 0.01 7
142.02 144.40 130.62 1 570.00 0.00 0.03 0.01 2
137.85 141.33 129.40 1 575.00 0.00 0.03 0.01 1
132.84 136.97 100.49 2 580.00 0.00 0.03 0.01 3
128.85 130.66 128.36 4 585.00 0.00 0.01 0.01 1
122.01 123.70 123.40 4 590.00 0.00 0.03 0.01 2
123.61 124.08 119.16 2 591.00 0.00 0.03 0.01 1
118.83 123.02 116.30 5 592.00 0.00 0.01 0.01 1
119.52 121.61 117.45 1 593.00 0.00 0.03 0.01 272
119.58 123.14 115.63 3 594.00 0.00 0.01 0.01 303
118.56 120.31 118.40 47 595.00 0.00 0.03 0.01 1
118.26 120.63 117.82 33 596.00 0.00 0.03 0.01 5
114.79 118.44 114.59 2 597.00 0.00 0.01 0.02 302
116.93 119.29 112.11 10 598.00 0.00 0.01 0.01 17
113.68 114.80 111.17 10 599.00 0.00 0.03 0.01 2
115.83 115.90 115.32 8 600.00 0.00 0.03 0.01 5
111.86 113.28 112.36 9 601.00 0.00 0.03 0.01 166
110.84 113.71 111.42 4 602.00 0.00 0.03 0.01 3
110.47 114.32 107.58 4 603.00 0.00 0.03 0.03 233
106.89 110.39 109.51 1 604.00 0.00 0.01 0.01 2
109.76 111.40 105.64 4 605.00 0.00 0.03 0.01 5
106.47 107.19 104.18 1 606.00 0.00 0.01 0.01 1
107.54 108.79 607.00 0.00 0.01 0.01 1
105.99 108.72 103.08 14 608.00 0.00 0.03 0.01 2
105.09 105.41 102.62 14 609.00 0.00 0.03 0.01 5
103.12 105.93 100.18 1 610.00 0.00 0.03 0.01 6
103.01 103.23 99.32 4 611.00 0.00 0.01 0.01 5
99.45 103.20 98.30 4 612.00 0.00 0.03 0.01 1
99.56 100.22 97.30 4 613.00 0.00 0.03 0.01 2
99.01 101.46 46.85 1 614.00 0.00 0.03 0.01 5
99.45 100.47 93.64 2 615.00 0.00 0.03 0.01 5
98.54 100.90 94.54 2 616.00 0.00 0.03 0.04 3896
96.70 97.16 93.49 2 617.00 0.00 0.03 0.03 16
96.20 98.11 93.78 6 618.00 0.00 0.01 0.01 5
95.29 97.65 92.62 6 619.00 0.00 0.01 0.04 27
93.55 93.62 90.30 1 620.00 0.00 0.01 0.01 6
90.98 93.71 85.04 4 621.00 0.00 0.01 0.01 157
89.15 92.30 89.12 1 622.00 0.00 0.01 0.02 137
89.06 93.29 89.35 1 623.00 0.00 0.01 0.01 122
87.30 91.48 89.37 4 624.00 0.00 0.03 0.01 528
90.62 90.69 89.80 13 625.00 0.00 0.03 0.01 9
86.81 90.37 34.72 1 626.00 0.00 0.01 0.01 24
86.07 87.25 80.79 1 627.00 0.00 0.01 0.01 1
87.26 87.33 84.19 3 628.00 0.00 0.01 0.01 2
84.61 85.80 81.43 2 629.00 0.00 0.03 0.01 4
84.10 84.17 85.03 2 630.00 0.00 0.01 0.01 113
83.10 83.17 79.73 1 631.00 0.00 0.01 0.01 151
82.45 82.61 80.78 2 632.00 0.00 0.03 0.01 161
80.89 82.75 76.47 11 633.00 0.00 0.03 0.01 1058
79.74 79.98 78.78 17 634.00 0.00 0.03 0.01 902
80.17 80.24 78.89 16 635.00 0.00 0.03 0.01 4
78.05 78.17 77.26 147 636.00 0.00 0.01 0.01 233
77.30 77.37 73.23 1 637.00 0.00 0.01 0.01 157
75.15 75.67 74.87 14 638.00 0.00 0.03 0.01 115
75.14 75.19 73.84 24 639.00 0.00 0.01 0.01 984
73.56 74.77 74.45 18 640.00 0.00 0.03 0.01 2
73.68 73.75 71.71 20 641.00 0.00 0.01 0.03 1714
73.42 73.49 67.52 1 642.00 0.00 0.01 0.01 703
69.90 71.90 69.30 5 643.00 0.00 0.03 0.01 1
69.68 70.43 68.82 16 644.00 0.00 0.03 0.01 3167
69.27 69.34 68.58 8 645.00 0.00 0.01 0.01 7
67.83 67.90 68.01 8 646.00 0.00 0.03 0.01 12
66.18 66.26 66.86 10 647.00 0.00 0.01 0.01 30
66.34 66.40 65.78 5 648.00 0.00 0.03 0.01 18
64.86 64.93 64.27 13 649.00 0.00 0.03 0.01 763
64.02 64.56 64.07 77 650.00 0.00 0.03 0.01 25
62.04 64.38 61.94 15 651.00 0.00 0.03 0.01 63
61.06 61.09 61.31 15 652.00 0.00 0.03 0.01 11
60.33 62.08 60.47 20 653.00 0.00 0.03 0.01 12
60.83 60.90 60.08 34 654.00 0.00 0.03 0.01 25
59.76 59.82 58.51 789 655.00 0.00 0.01 0.01 10
59.18 59.25 57.82 33 656.00 0.00 0.03 0.01 26
57.10 58.07 57.30 131 657.00 0.00 0.01 0.01 1
56.80 56.86 56.00 466 658.00 0.00 0.01 0.01 79
54.17 55.53 54.57 37 659.00 0.00 0.03 0.01 10
53.63 53.69 52.90 80 660.00 0.00 0.01 0.01 107
53.20 53.22 53.10 36 661.00 0.00 0.01 0.01 2
51.90 52.82 51.30 15 662.00 0.00 0.03 0.01 16
50.54 51.18 50.30 85 663.00 0.00 0.01 0.01 4
49.68 49.95 49.27 21 664.00 0.00 0.01 0.01 5
48.53 49.19 48.78 46 665.00 0.00 0.01 0.01 85
47.58 47.86 47.47 52 666.00 0.00 0.01 0.01 5
46.18 47.44 45.94 19 667.00 0.00 0.01 0.01 8
45.96 46.02 46.11 388 668.00 0.00 0.01 0.01 114
45.44 45.51 44.45 53 669.00 0.00 0.01 0.01 117
43.70 44.06 42.98 137 670.00 0.00 0.01 0.01 177
43.75 43.82 42.35 50 671.00 0.00 0.03 0.01 20
41.39 42.85 41.61 30 672.00 0.00 0.03 0.01 560
40.61 40.68 40.51 58 673.00 0.00 0.01 0.02 962
39.81 39.87 40.09 46 674.00 0.00 0.01 0.01 40
38.39 38.77 38.46 194 675.00 0.00 0.03 0.01 229
37.41 38.17 37.48 19 676.00 0.00 0.03 0.01 241
37.17 37.23 36.53 65 677.00 0.00 0.01 0.01 1714
36.21 36.71 37.23 6 677.50 0.00 0.01 0.01 712
35.91 36.06 35.27 73 678.00 0.00 0.03 0.01 252
35.31 35.38 34.63 50 679.00 0.00 0.03 0.01 2788
33.84 34.51 34.11 706 680.00 0.00 0.01 0.01 4918
33.57 33.61 33.27 105 681.00 0.00 0.03 0.01 13772
31.76 32.42 30.97 140 682.00 0.01 0.02 0.03 18345
31.25 31.93 31.07 28 682.50 0.01 0.02 0.03 524
31.63 31.70 30.61 71 683.00 0.01 0.04 0.02 1936
30.29 30.36 29.79 45 684.00 0.01 0.02 0.01 3740
28.82 28.89 28.56 289 685.00 0.03 0.04 0.03 4520
28.54 28.61 27.56 259 686.00 0.03 0.04 0.03 5059
26.67 27.18 26.90 156 687.00 0.03 0.04 0.03 3108
26.61 26.63 26.37 7 687.50 0.03 0.04 0.03 122
25.68 26.47 25.23 36 688.00 0.01 0.02 0.02 2113
25.06 25.63 24.35 95 689.00 0.01 0.02 0.01 20814
24.41 24.52 23.91 778 690.00 0.03 0.04 0.02 40112
22.85 22.93 22.48 136 691.00 0.03 0.04 0.01 11075
22.01 22.08 21.91 142 692.00 0.01 0.02 0.03 15365
21.19 21.23 20.86 84 692.50 0.03 0.04 0.02 2174
21.06 21.44 20.36 529 693.00 0.03 0.04 0.03 5255
19.81 19.94 19.67 195 694.00 0.04 0.05 0.03 9121
19.06 19.14 18.65 455 695.00 0.01 0.02 0.03 10525
18.21 18.41 17.44 232 696.00 0.01 0.05 0.02 4393
17.22 17.34 16.51 274 697.00 0.04 0.05 0.04 7671
16.72 16.84 15.95 88 697.50 0.01 0.05 0.04 12947
15.86 16.35 15.53 249 698.00 0.01 0.04 0.02 22577
14.86 15.28 14.92 434 699.00 0.03 0.04 0.04 22784
13.89 14.09 14.07 3424 700.00 0.04 0.05 0.03 50879
13.00 13.31 13.01 2401 701.00 0.01 0.05 0.02 52431
11.96 11.99 11.74 2487 702.00 0.04 0.05 0.02 41049
11.01 11.15 10.75 3660 703.00 0.01 0.05 0.04 42646
9.92 10.15 10.02 5457 704.00 0.04 0.05 0.04 118244
9.00 9.23 8.72 10570 705.00 0.01 0.05 0.02 111413
8.20 8.21 8.04 8185 706.00 0.05 0.06 0.05 152652
7.17 7.30 6.98 10116 707.00 0.01 0.02 0.02 174924
6.21 6.28 6.19 20289 708.00 0.05 0.06 0.05 244887
5.16 5.21 5.10 64992 709.00 0.01 0.06 0.02 328515
4.04 4.23 4.20 216257 710.00 0.06 0.07 0.03 378248
3.11 3.17 3.11 293335 711.00 0.03 0.08 0.08 306096
2.15 2.19 2.17 349470 712.00 0.10 0.11 0.07 320586
1.32 1.34 1.31 369102 713.00 0.21 0.22 0.22 466538
0.58 0.63 0.58 442046 714.00 0.50 0.51 0.52 193324
0.24 0.25 0.24 307398 715.00 1.12 1.14 1.14 69189
0.06 0.07 0.06 241816 716.00 1.94 1.97 1.99 17376
0.02 0.07 0.06 121748 717.00 2.87 2.96 3.13 10200
0.01 0.02 0.01 78004 718.00 3.84 3.98 4.42 6326
0.03 0.04 0.03 28933 719.00 4.71 5.06 5.62 4433
0.03 0.04 0.03 38795 720.00 5.81 5.86 6.34 6253
0.01 0.02 0.01 4876 721.00 6.77 7.01 7.24 1957
0.03 0.04 0.03 6252 722.00 7.75 7.89 8.39 996
0.00 0.03 0.01 3062 723.00 8.92 9.12 9.58 871
0.00 0.01 0.01 7675 724.00 9.88 10.03 10.68 106
0.00 0.01 0.01 3993 725.00 10.91 11.19 11.53 148
0.00 0.03 0.01 1613 726.00 11.83 11.92 12.67 4
0.00 0.03 0.01 961 727.00 13.11 13.17 13.58 16
0.00 0.01 0.01 1512 728.00 13.58 13.78 14.68 151
0.00 0.03 0.01 2174 729.00 15.00 15.15 15.84 3
0.00 0.03 0.01 1230 730.00 15.87 16.05 16.55 46
0.00 0.03 0.01 103 731.00 17.00 17.18 17.61 9
0.00 0.01 0.01 80 732.00 17.72 18.34 18.49 4
0.00 0.03 0.01 210 733.00 18.56 18.95 19.80 2
0.00 0.01 0.01 200 734.00 19.51 19.73 23.72 2
0.00 0.01 0.01 128 735.00 21.09 21.11
0.00 0.01 0.01 279 736.00 21.89 22.29
0.00 0.03 0.01 447 737.00 23.24 23.31 26.37 3
0.00 0.03 0.01 540 738.00 23.94 23.98 28.53 2
0.00 0.03 0.01 1 739.00 24.43 24.50 27.79 3
0.00 0.01 0.01 2 740.00 26.23 26.29 29.53 2
0.00 0.01 0.01 1 745.00 30.54 30.61 36.42 6
0.00 0.03 0.01 16 750.00 35.01 36.98 37.96 1
0.00 0.03 0.01 1 755.00 40.20 41.88 44.30 1
0.00 0.03 0.01 3 760.00 45.38 46.42 49.23 2
0.00 0.01 0.01 3 765.00 50.57 50.92 57.12 30
0.00 0.01 0.01 1 770.00 54.53 56.02 60.18 2
0.00 0.01 0.01 1 775.00 60.57 62.81
0.00 0.03 0.01 1 780.00 65.13 66.85
0.00 0.01 0.01 15 785.00 69.77 69.97
0.00 0.03 0.01 4 790.00 76.35 78.14
0.00 0.03 0.01 1003 795.00 79.40 83.65 86.36 1
0.00 0.01 0.01 20 800.00 85.63 86.18 86.56 1
0.00 0.01 0.01 20 805.00 88.99 91.22
0.00 0.01 0.01 100 810.00 94.53 95.69
0.00 0.01 0.01 2 815.00 98.72 102.88
0.00 0.01 0.01 3 820.00 103.95 109.29
0.00 0.03 0.01 4 825.00 109.29 111.98
0.00 0.01 0.01 350 830.00 113.46 118.80 172.43 2
0.00 0.01 0.01 230 835.00 119.76 124.59
0.00 0.03 840.00 127.17 127.35
0.00 0.03 845.00 128.17 132.88
0.00 0.03 0.01 11 850.00 135.45 137.83
0.00 0.03 855.00 140.87 145.04
0.00 0.01 860.00 142.48 148.52
0.00 0.01 0.01 1 865.00 147.68 150.20
0.00 0.01 870.00 154.79 160.26
0.00 0.01 875.00 160.81 163.19
0.00 0.01 880.00 167.65 169.55
0.00 0.01 885.00 169.01 174.72
0.00 0.01 890.00 178.28 179.04
0.00 0.03 895.00 181.14 184.52 186.34 1
0.00 0.01 0.01 1 900.00 182.19 184.72 190.28 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 $714.13.

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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