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.

$765.55
Live · updated
Calls
Strike
Puts
BidAskLastVolOIIV%Δ Strike BidAskLastVolOIIV%Δ
27.85 31.42 29.92 4 4 736.00 0.03 0.04 0.03 11630 2.1K 22.5 -0.01
26.66 30.08 29.31 3 3 737.00 0.01 0.02 0.02 2069 204 19.8 -0.00
25.94 28.69 28.03 4 8 738.00 0.03 0.04 0.03 3900 354 21.1 -0.01
24.88 28.24 26.56 12 11 739.00 0.01 0.04 0.03 732 580 19.6 -0.01
24.73 26.91 25.45 3 13 740.00 0.03 0.04 0.03 576 1.2K 19.8 -0.01
23.63 26.33 24.20 18 2 22.5 0.98 741.00 0.01 0.02 0.03 245 1.6K 17.3 -0.00
22.34 24.82 24.44 1 12 742.00 0.01 0.04 0.01 637 306 17.7 -0.01
21.64 23.32 21.86 1 11 743.00 0.04 0.05 0.04 309 526 18.3 -0.01
20.48 23.08 20.13 50 6 744.00 0.01 0.02 0.04 1105 405 15.4 -0.01
19.14 21.68 21.28 12 74 745.00 0.01 0.02 0.03 816 1.1K 14.8 -0.01
18.08 20.93 20.43 11 10 746.00 0.01 0.05 0.04 256 463 15.3 -0.01
16.93 19.45 19.18 46 17 747.00 0.04 0.05 0.04 1633 863 15.5 -0.01
16.18 18.45 17.92 36 16 748.00 0.01 0.05 0.05 2660 1.4K 14.0 -0.01
15.42 17.71 17.15 39 83 749.00 0.05 0.06 0.05 2227 1.3K 14.4 -0.02
14.19 16.67 16.04 174 62 750.00 0.05 0.06 0.04 10227 3.8K 13.7 -0.02
13.19 15.63 14.32 61 48 751.00 0.02 0.07 0.06 2435 378 12.6 -0.02
12.79 15.00 14.21 78 60 10.9 0.99 752.00 0.03 0.04 0.07 2857 554 11.4 -0.02
12.25 13.87 13.65 992 36 14.3 0.95 753.00 0.08 0.09 0.05 4881 1.9K 12.3 -0.03
11.02 12.75 12.67 908 29 8.8 0.99 754.00 0.10 0.11 0.10 7361 908 12.0 -0.04
10.52 11.85 10.60 4985 58 14.1 0.91 755.00 0.12 0.13 0.09 12317 4.1K 11.5 -0.05
9.65 10.72 10.00 1943 62 13.1 0.91 756.00 0.11 0.12 0.15 11105 6.4K 10.5 -0.05
8.06 10.00 8.80 3355 27 10.3 0.94 757.00 0.19 0.20 0.16 9412 1.5K 10.8 -0.07
7.07 7.94 7.88 3083 91 758.00 0.24 0.25 0.23 12215 1.5K 10.4 -0.09
6.63 7.44 6.86 2920 80 8.5 0.92 759.00 0.30 0.31 0.30 12210 1.8K 10.0 -0.11
5.95 6.00 5.90 1733 269 6.8 0.94 760.00 0.35 0.40 0.40 41536 3.7K 9.5 -0.14
5.21 5.26 5.13 1252 181 8.3 0.85 761.00 0.49 0.51 0.50 22486 3.3K 9.3 -0.18
4.32 4.40 4.28 2594 715 8.0 0.81 762.00 0.65 0.66 0.63 20163 1.3K 9.0 -0.22
3.45 3.59 3.47 4780 1.0K 7.6 0.75 763.00 0.81 0.87 0.84 40981 2.2K 8.6 -0.28
2.81 2.90 2.75 12332 1.8K 7.8 0.67 764.00 1.08 1.09 1.10 58435 1.3K 8.3 -0.34
2.16 2.19 2.04 39407 2.0K 7.5 0.58 765.00 1.42 1.44 1.48 108031 14.2K 8.1 -0.42
1.55 1.58 1.50 83802 2.3K 7.2 0.49 766.00 1.85 1.87 1.88 83663 5.5K 7.9 -0.51
1.17 1.19 1.03 71821 2.1K 7.4 0.40 767.00 2.41 2.48 2.42 33210 1.7K 8.1 -0.60
0.79 0.80 0.71 52719 4.3K 7.3 0.30 768.00 3.02 3.12 3.09 10740 1.7K 8.0 -0.68
0.51 0.52 0.46 39903 2.3K 7.2 0.22 769.00 3.77 3.88 3.84 2576 3.2K 8.2 -0.75
0.36 0.37 0.28 48014 3.4K 7.4 0.16 770.00 4.53 4.75 4.64 2636 3.1K 8.4 -0.81
0.19 0.20 0.18 27620 1.5K 7.1 0.10 771.00 5.50 5.73 5.53 4655 2.1K 9.5 -0.83
0.15 0.16 0.12 31351 11.9K 7.6 0.08 772.00 6.47 6.87 6.50 3294 1.1K 11.0 -0.83
0.06 0.11 0.07 16784 3.4K 7.5 0.05 773.00 7.27 8.19 7.44 1845 256 12.6 -0.84
0.03 0.08 0.02 7915 2.7K 7.7 0.03 774.00 8.46 8.64 8.43 3202 224 12.3 -0.88
0.01 0.02 0.04 11171 3.3K 7.0 0.01 775.00 9.44 9.67 9.16 1707 57 13.4 -0.88
0.04 0.05 0.02 6299 2.3K 8.9 0.02 776.00 9.30 10.88 10.40 366 87
0.01 0.02 0.02 4120 2.3K 8.3 0.01 777.00 10.29 11.78 11.50 1736 39
0.03 0.04 0.02 1365 1.4K 10.0 0.02 778.00 11.37 13.22 11.70 775 8 13.2 -0.95
0.03 0.04 0.01 1150 1.2K 10.7 0.02 779.00 12.34 15.35 13.02 53 20.1 -0.87
0.03 0.04 0.03 7154 6.4K 11.4 0.02 780.00 12.82 15.98 14.52 198 3 16.5 -0.93
0.01 0.02 0.01 8722 1.6K 10.8 0.01 781.00 13.51 16.89 13.44 2 13.6 -0.97
0.03 0.04 0.01 665 2.0K 12.8 0.01 782.00 14.73 18.37 15.76 3 20.2 -0.92
0.00 0.01 0.01 170 734 783.00 15.49 18.98 19.47 32 16.0 -0.97
0.00 0.03 0.01 579 971 784.00 17.24 18.77 20.65 68 1
0.00 0.03 0.01 463 1.9K 785.00 17.96 21.25 19.05 2 1 23.6 -0.92
0.00 0.01 0.01 224 524 786.00 19.26 22.03 21.22 1 1 25.0 -0.92
0.00 0.03 0.01 483 1.2K 787.00 20.09 23.16 21.63 4 25.7 -0.92
0.00 0.01 0.01 161 869 788.00 21.21 24.70 21.55 2 30.2 -0.90
0.00 0.03 0.01 456 302 789.00 21.72 25.33 22.97 2 26.1 -0.94
0.00 0.01 0.01 38 1.1K 790.00 22.29 26.20 23.85 1 21.6 -0.97
0.00 0.01 0.03 1 464 791.00 24.11 27.28 22.72 6 30.1 -0.92
0.00 0.01 0.01 122 332 792.00 25.00 27.70 28.59 2 25.6 -0.96
0.00 0.01 0.01 65 769 793.00 26.07 29.14 24.68 4 30.7 -0.94
0.00 0.01 0.01 423 533 794.00 26.69 30.16 25.67 4 28.7 -0.95
0.00 0.03 0.01 161 346 795.00 28.05 30.91 32.33 1 30.5 -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 $765.55.

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.

SPY Option Chain FAQ

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 market hours — 9:30am to 4:00pm ET, Monday to Friday. Outside market hours the page refreshes more slowly. 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 an 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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