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.

$713.01
Last updated: · auto-refresh in 30s
Calls
Strike
Puts
BidAskLastVolIV%Δ Strike BidAskLastVolIV%Δ
263.56 266.28 256.08 16 450.00 0.00 0.01 0.01 4
254.66 256.52 255.78 16 455.00 0.00 0.03 0.01 300
249.59 254.60 460.00 0.00 0.03 0.01 1
249.89 250.79 465.00 0.00 0.01 0.01 15
242.43 244.02 186.57 12 470.00 0.00 0.01 0.01 7
234.77 244.04 180.76 2 475.00 0.00 0.01 0.01 200
229.15 238.55 230.47 1 480.00 0.00 0.03 0.01 2
229.27 233.73 170.00 2 485.00 0.00 0.01 0.01 1
218.14 223.17 165.00 6 490.00 0.00 0.03 0.01 4
213.24 217.36 160.00 2 495.00 0.00 0.01 0.01 10
208.25 218.42 211.07 2 500.00 0.00 0.01 0.01 2
207.91 212.42 206.24 2 505.00 0.00 0.01 0.01 22
197.98 204.36 200.63 2 510.00 0.00 0.01 0.01 1
196.84 199.44 193.89 2 515.00 0.00 0.01 0.01 26
188.16 191.13 190.39 4 520.00 0.00 0.03 0.01 100
185.27 186.76 131.25 3 525.00 0.00 0.01 0.03 6
179.91 184.42 129.72 1 530.00 0.00 0.01 0.01 1
173.40 177.38 103.91 1 535.00 0.00 0.03 0.01 33
168.77 176.47 173.24 1 540.00 0.00 0.01 0.01 50
168.34 169.23 110.50 6 545.00 0.00 0.03 0.01 1
164.31 166.38 156.00 4 550.00 0.00 0.03 0.01 25
153.64 159.53 132.27 1 555.00 0.00 0.01 0.01 109
149.21 154.10 151.55 16 560.00 0.00 0.03 0.01 25
147.54 149.73 142.55 14 565.00 0.00 0.01 0.01 14
142.93 145.55 130.62 1 570.00 0.00 0.01 0.01 2
138.86 142.08 129.40 1 575.00 0.00 0.01 0.01 1
133.05 134.13 100.49 2 580.00 0.00 0.03 0.01 3
129.07 130.55 120.86 1 585.00 0.00 0.03 0.01 7
121.14 124.70 120.10 2 590.00 0.00 0.01 0.01 1
122.64 123.80 119.16 2 591.00 0.00 0.03 0.01 1
121.62 124.23 116.30 5 592.00 0.00 0.03 0.01 1
120.76 123.37 117.45 1 593.00 0.00 0.03 0.01 272
118.42 120.58 115.63 3 594.00 0.00 0.01 0.01 303
114.80 118.23 118.59 18 595.00 0.00 0.03 0.01 1
114.16 119.04 117.74 16 596.00 0.00 0.03 0.01 5
116.52 117.61 114.59 2 597.00 0.00 0.01 0.02 302
112.82 117.44 112.11 10 598.00 0.00 0.03 0.01 17
113.40 113.75 111.17 10 599.00 0.00 0.03 0.01 2
113.52 114.06 115.32 8 600.00 0.00 0.03 0.01 4
110.47 112.91 112.81 5 601.00 0.00 0.03 0.01 166
111.37 111.89 108.57 4 602.00 0.00 0.03 0.01 3
107.31 110.78 107.58 4 603.00 0.00 0.01 0.03 233
106.91 110.65 106.64 4 604.00 0.00 0.03 0.01 2
106.19 110.30 105.64 4 605.00 0.00 0.03 0.01 5
103.91 110.18 104.18 1 606.00 0.00 0.03 0.01 1
104.93 109.14 607.00 0.00 0.01 0.01 1
104.38 107.59 103.08 14 608.00 0.00 0.01 0.01 2
102.08 105.89 102.62 14 609.00 0.00 0.01 0.01 3
100.52 102.28 100.18 1 610.00 0.00 0.01 0.01 4
102.29 103.44 99.32 4 611.00 0.00 0.01 0.01 5
99.41 100.95 98.30 4 612.00 0.00 0.03 0.01 1
99.46 100.10 97.30 4 613.00 0.00 0.03 0.01 6
99.42 100.52 46.85 1 614.00 0.00 0.01 0.01 5
98.25 98.60 93.64 2 615.00 0.00 0.03 0.01 5
97.56 98.14 94.54 2 616.00 0.00 0.03 0.04 3896
95.06 97.45 93.49 2 617.00 0.00 0.03 0.03 16
94.40 96.28 93.78 6 618.00 0.00 0.03 0.01 5
91.16 95.87 92.62 6 619.00 0.00 0.03 0.04 27
92.65 93.54 90.30 1 620.00 0.00 0.01 0.01 2
92.36 92.63 85.04 4 621.00 0.00 0.01 0.01 157
91.09 92.13 89.12 1 622.00 0.00 0.03 0.02 137
89.97 90.56 89.35 1 623.00 0.00 0.01 0.01 122
86.16 90.44 32.07 1 624.00 0.00 0.01 0.01 528
88.64 88.71 87.93 7 625.00 0.00 0.01 0.01 8
86.50 90.03 34.72 1 626.00 0.00 0.01 0.01 24
84.46 86.32 80.79 1 627.00 0.00 0.01 0.01 1
83.83 85.89 84.19 3 628.00 0.00 0.01 0.02 52
81.76 85.88 81.43 2 629.00 0.00 0.03 0.01 4
82.02 84.69 85.03 2 630.00 0.00 0.03 0.01 113
82.95 83.02 79.73 1 631.00 0.00 0.01 0.01 151
82.21 82.29 80.78 2 632.00 0.00 0.03 0.01 161
80.66 80.73 76.47 11 633.00 0.00 0.03 0.01 1058
77.53 79.84 78.92 16 634.00 0.00 0.03 0.01 902
78.66 78.73 78.42 13 635.00 0.00 0.03 0.01 3
76.29 76.97 76.76 123 636.00 0.00 0.01 0.01 233
75.73 75.78 73.23 1 637.00 0.00 0.03 0.01 157
74.39 76.36 75.39 13 638.00 0.00 0.03 0.01 380
72.66 75.27 73.23 21 639.00 0.00 0.01 0.01 984
71.99 73.35 74.12 16 640.00 0.00 0.01 0.01 1
72.35 72.40 73.99 12 641.00 0.00 0.03 0.03 1714
70.49 70.58 67.52 1 642.00 0.00 0.01 0.01 703
69.69 69.74 68.50 2 643.00 0.00 0.03 0.01 1
69.99 70.07 69.37 15 644.00 0.00 0.01 0.01 3167
68.65 68.73 68.05 7 645.00 0.00 0.03 0.01 3
66.15 66.86 68.01 8 646.00 0.00 0.01 0.01 12
65.49 65.58 67.31 9 647.00 0.00 0.01 0.01 30
64.15 64.45 63.17 4 648.00 0.00 0.01 0.01 15
63.63 63.98 63.56 10 649.00 0.00 0.01 0.01 763
63.54 64.30 63.62 53 650.00 0.00 0.03 0.01 24
62.74 62.89 60.49 3 651.00 0.00 0.01 0.01 61
59.99 61.39 61.74 13 652.00 0.00 0.01 0.01 11
60.89 60.97 61.59 15 653.00 0.00 0.03 0.01 12
59.89 60.16 59.58 32 654.00 0.00 0.03 0.01 25
57.83 57.90 57.07 784 655.00 0.00 0.01 0.01 6
57.74 57.82 57.67 28 656.00 0.00 0.01 0.01 13
55.99 56.07 56.74 130 657.00 0.00 0.01 0.03 178
55.97 56.04 55.92 446 658.00 0.00 0.01 0.01 78
54.21 54.24 52.88 16 659.00 0.00 0.01 0.01 10
54.02 54.10 53.32 59 660.00 0.00 0.01 0.01 100
51.70 51.78 52.93 35 661.00 0.00 0.03 0.01 4916
52.00 52.08 51.30 15 662.00 0.00 0.03 0.01 16
50.24 50.31 50.30 85 663.00 0.00 0.01 0.01 4
49.66 49.73 49.27 21 664.00 0.00 0.01 0.02 865
48.56 48.63 48.42 36 665.00 0.00 0.03 0.01 73
47.38 47.45 47.62 51 666.00 0.00 0.03 0.02 2137
46.70 46.77 45.94 19 667.00 0.00 0.03 0.01 8
45.13 45.21 45.22 380 668.00 0.00 0.01 0.01 14
44.22 44.29 45.46 31 669.00 0.00 0.01 0.01 115
42.82 42.88 43.98 69 670.00 0.00 0.03 0.01 170
42.30 42.37 42.77 25 671.00 0.00 0.03 0.01 4
40.61 41.09 41.47 20 672.00 0.00 0.03 0.01 560
39.59 40.11 40.30 26 673.00 0.00 0.01 0.02 962
38.38 38.82 37.87 44 674.00 0.00 0.01 0.01 20
38.39 38.58 38.65 150 675.00 0.00 0.03 0.01 151
37.55 37.62 37.75 18 676.00 0.00 0.01 0.01 166
36.58 36.63 34.58 59 677.00 0.00 0.01 0.01 1609
35.64 35.71 35.42 2 677.50 0.00 0.03 0.01 712
34.34 34.76 35.34 62 678.00 0.00 0.01 0.01 193
33.34 34.04 34.57 44 679.00 0.00 0.03 0.01 2596
33.49 33.56 33.65 363 680.00 0.00 0.01 0.01 4807
32.43 32.70 32.56 65 681.00 0.00 0.01 0.01 8123
31.09 31.16 31.53 61 682.00 0.03 0.04 0.01 891
30.11 31.02 27.42 6 682.50 0.01 0.02 0.01 503
30.07 30.15 30.72 26 683.00 0.03 0.04 0.01 1703
29.04 29.05 27.63 26 684.00 0.01 0.02 0.03 1602
28.27 28.35 28.23 234 685.00 0.03 0.04 0.01 2119
26.69 27.40 27.82 111 686.00 0.01 0.02 0.01 581
25.79 25.86 26.68 134 687.00 0.03 0.04 0.01 708
25.27 26.09 21.70 5 687.50 0.01 0.04 0.03 89
24.53 25.52 25.71 29 688.00 0.01 0.04 0.01 1719
23.56 23.76 24.52 53 689.00 0.03 0.04 0.02 20383
23.12 23.20 23.24 336 690.00 0.04 0.05 0.02 10288
21.67 21.74 22.45 91 691.00 0.04 0.05 0.02 2495
21.44 21.51 21.53 69 692.00 0.04 0.05 0.02 2439
20.20 20.60 20.89 32 692.50 0.01 0.05 0.04 1471
20.02 20.09 20.51 169 693.00 0.01 0.05 0.02 3899
19.22 19.30 19.29 175 694.00 0.01 0.02 0.02 8359
17.84 18.47 18.41 255 695.00 0.01 0.06 0.02 9147
16.88 16.94 16.77 61 696.00 0.05 0.06 0.05 3884
16.32 16.47 16.61 226 697.00 0.06 0.07 0.03 6948
15.57 15.64 16.27 73 697.50 0.02 0.03 0.06 12657
15.16 15.22 15.29 147 698.00 0.02 0.07 0.06 21556
14.15 14.28 14.65 133 699.00 0.06 0.07 0.06 21258
12.93 13.13 13.56 2632 700.00 0.03 0.08 0.05 43762
12.12 12.21 12.56 2335 701.00 0.08 0.09 0.08 50871
11.21 11.29 11.07 2191 702.00 0.09 0.10 0.09 32280
10.14 10.21 10.28 3045 703.00 0.06 0.11 0.07 36607
8.97 9.23 9.46 4572 704.00 0.07 0.08 0.08 107333
8.03 8.11 8.35 9173 705.00 0.08 0.13 0.12 96888
7.11 7.31 7.24 7688 706.00 0.14 0.15 0.14 80338
6.26 6.34 6.19 8866 707.00 0.16 0.17 0.16 141817
5.26 5.32 5.22 17716 708.00 0.16 0.21 0.17 184440
4.17 4.26 4.30 62101 709.00 0.20 0.21 0.21 288758
3.38 3.39 3.45 209064 710.00 0.31 0.32 0.31 316295
2.40 2.45 2.55 285184 711.00 0.42 0.43 0.39 227156
1.63 1.65 1.75 304557 712.00 0.61 0.62 0.61 155571
0.98 1.03 1.03 200085 713.00 0.90 0.95 0.90 120871
0.54 0.55 0.53 202823 714.00 1.46 1.48 1.46 52144
0.27 0.28 0.28 179550 715.00 2.13 2.20 2.18 31952
0.10 0.15 0.11 142560 716.00 3.06 3.09 3.04 12016
0.04 0.05 0.08 65657 717.00 4.01 4.08 4.09 7401
0.06 0.07 0.06 55767 718.00 4.86 5.02 4.59 4698
0.01 0.06 0.05 26128 719.00 5.76 6.03 5.73 3102
0.04 0.05 0.03 32298 720.00 6.95 7.03 6.62 4691
0.01 0.02 0.02 4012 721.00 8.03 8.10 7.66 1108
0.03 0.04 0.03 5470 722.00 8.84 9.01 8.51 99
0.01 0.04 0.01 2516 723.00 9.79 10.27 9.31 60
0.01 0.02 0.01 5896 724.00 10.87 11.06 10.51 105
0.00 0.03 0.01 2723 725.00 11.81 12.09 11.70 116
0.00 0.03 0.01 1602 726.00 12.98 13.27 12.55 3
0.00 0.01 0.01 956 727.00 14.05 14.11 13.54 3
0.00 0.01 0.01 1506 728.00 15.03 15.25 14.62 149
0.00 0.01 0.01 2170 729.00 15.57 16.25 15.80 2
0.00 0.01 0.01 1138 730.00 16.96 16.99 16.33 28
0.00 0.01 0.01 103 731.00 17.69 17.97 21.29 3
0.00 0.03 0.01 80 732.00 19.18 19.38 21.74 2
0.00 0.03 0.01 200 733.00 19.75 20.21 19.80 2
0.00 0.03 0.01 200 734.00 20.60 20.93 23.72 2
0.00 0.03 0.01 60 735.00 21.99 22.07
0.00 0.01 0.01 23 736.00 22.40 23.17
0.00 0.01 0.01 447 737.00 23.98 24.18 26.37 3
0.00 0.01 0.01 540 738.00 24.37 25.04 28.53 2
0.00 0.01 0.01 1 739.00 25.33 25.91 27.79 3
0.00 0.01 0.01 2 740.00 26.77 26.95 29.53 2
0.00 0.03 0.01 1 745.00 32.05 32.46 36.42 6
0.00 0.01 0.01 16 750.00 36.29 38.03 37.96 1
0.00 0.03 0.01 42 755.00 40.89 44.07 44.30 1
0.00 0.03 0.01 3 760.00 46.54 48.28 49.23 2
0.00 0.01 0.01 3 765.00 51.21 52.91 57.12 30
0.00 0.01 0.01 1 770.00 54.78 58.10 60.18 2
0.00 0.01 0.01 1 775.00 62.42 64.19
0.00 0.01 0.01 1 780.00 65.68 68.86
0.00 0.03 0.01 15 785.00 71.56 73.34
0.00 0.03 0.01 4 790.00 75.50 78.20
0.00 0.01 0.01 1003 795.00 79.21 82.06 86.36 1
0.00 0.01 0.01 20 800.00 86.72 89.42 91.34 1
0.00 0.03 0.01 20 805.00 89.18 93.58
0.00 0.03 0.01 100 810.00 97.22 99.84
0.00 0.03 0.01 2 815.00 101.32 103.60
0.00 0.03 0.01 3 820.00 107.65 108.34
0.00 0.01 0.01 4 825.00 112.08 113.31
0.00 0.03 0.01 350 830.00 115.19 119.58 172.43 2
0.00 0.03 0.01 230 835.00 118.89 121.45
0.00 0.03 840.00 123.83 130.22
0.00 0.01 845.00 131.29 135.20
0.00 0.03 0.01 11 850.00 137.43 141.06
0.00 0.03 855.00 138.37 145.28
0.00 0.01 860.00 145.33 150.75
0.00 0.03 0.01 1 865.00 147.99 150.74
0.00 0.01 870.00 152.68 157.93
0.00 0.01 875.00 163.70 166.38
0.00 0.01 880.00 164.15 168.73
0.00 0.01 885.00 167.74 175.74
0.00 0.01 890.00 174.24 176.64
0.00 0.03 895.00 183.96 184.88 186.34 1
0.00 0.01 0.01 2 900.00 182.15 191.73 190.28 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 $713.01.

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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