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.

$713.72
Last updated: · auto-refresh in 30s
Calls
Strike
Puts
BidAskLastVolIV%Δ Strike BidAskLastVolIV%Δ
258.31 267.43 261.77 1 450.00 0.00 0.01 0.01 4
255.81 257.35 255.78 16 455.00 0.00 0.01 0.01 300
249.96 258.91 460.00 0.00 0.03 0.01 1
246.48 253.69 465.00 0.00 0.03 0.01 15
242.40 245.17 186.57 12 470.00 0.00 0.03 0.01 7
237.47 241.47 180.76 2 475.00 0.00 0.01 0.01 200
231.89 233.49 230.47 1 480.00 0.00 0.01 0.01 2
227.68 231.41 170.00 2 485.00 0.00 0.03 0.01 1
220.88 228.19 165.00 6 490.00 0.00 0.01 0.01 4
221.03 222.32 160.00 2 495.00 0.00 0.03 0.01 10
213.14 213.57 211.07 2 500.00 0.00 0.03 0.01 3
210.56 213.73 206.24 2 505.00 0.00 0.03 0.01 22
198.75 203.22 200.63 2 510.00 0.00 0.01 0.01 1
197.58 198.00 193.89 2 515.00 0.00 0.01 0.01 26
193.56 196.37 190.39 4 520.00 0.00 0.01 0.01 100
185.01 192.89 131.25 3 525.00 0.00 0.03 0.03 6
179.01 187.14 129.72 1 530.00 0.00 0.01 0.01 1
174.25 183.07 103.91 1 535.00 0.00 0.03 0.01 33
175.54 178.34 173.24 1 540.00 0.00 0.01 0.01 50
166.45 173.05 110.50 6 545.00 0.00 0.01 0.01 1
163.19 164.08 156.00 4 550.00 0.00 0.01 0.01 25
159.34 160.50 132.27 1 555.00 0.00 0.01 0.01 109
149.43 152.21 151.55 16 560.00 0.00 0.01 0.01 40
149.81 152.61 142.55 14 565.00 0.00 0.03 0.01 7
143.93 144.81 130.62 1 570.00 0.00 0.03 0.01 2
139.16 142.68 129.40 1 575.00 0.00 0.03 0.01 1
133.24 136.04 100.49 2 580.00 0.00 0.01 0.01 3
126.28 127.67 120.86 1 585.00 0.00 0.01 0.01 1
123.10 126.08 120.10 2 590.00 0.00 0.03 0.01 2
123.17 125.49 119.16 2 591.00 0.00 0.01 0.01 1
119.67 123.08 116.30 5 592.00 0.00 0.03 0.01 1
120.36 123.48 117.45 1 593.00 0.00 0.03 0.01 272
119.44 122.21 115.63 3 594.00 0.00 0.01 0.01 303
116.68 117.85 118.62 21 595.00 0.00 0.01 0.01 1
117.79 119.23 117.20 19 596.00 0.00 0.03 0.01 5
115.88 116.27 114.59 2 597.00 0.00 0.01 0.02 302
115.97 119.03 112.11 10 598.00 0.00 0.01 0.01 17
114.38 117.72 111.17 10 599.00 0.00 0.03 0.01 2
112.60 115.73 115.32 8 600.00 0.00 0.03 0.01 5
109.76 114.61 112.81 5 601.00 0.00 0.01 0.01 166
108.76 113.92 108.57 4 602.00 0.00 0.03 0.01 3
108.06 109.90 107.58 4 603.00 0.00 0.01 0.03 233
108.37 111.92 109.51 1 604.00 0.00 0.03 0.01 2
107.87 108.85 105.64 4 605.00 0.00 0.01 0.01 5
108.27 111.06 104.18 1 606.00 0.00 0.01 0.01 1
103.74 109.41 607.00 0.00 0.03 0.01 1
105.50 107.14 103.08 14 608.00 0.00 0.01 0.01 2
105.11 105.62 102.62 14 609.00 0.00 0.03 0.01 3
104.15 106.95 100.18 1 610.00 0.00 0.01 0.01 5
103.04 103.15 99.32 4 611.00 0.00 0.01 0.01 5
99.28 103.60 98.30 4 612.00 0.00 0.03 0.01 1
99.38 102.84 97.30 4 613.00 0.00 0.01 0.01 1
97.57 100.91 46.85 1 614.00 0.00 0.03 0.01 5
95.71 99.70 93.64 2 615.00 0.00 0.03 0.01 5
95.25 99.56 94.54 2 616.00 0.00 0.03 0.04 3896
93.63 97.73 93.49 2 617.00 0.00 0.01 0.03 16
95.82 98.97 93.78 6 618.00 0.00 0.01 0.01 5
94.83 97.41 92.62 6 619.00 0.00 0.01 0.04 27
91.83 95.07 90.30 1 620.00 0.00 0.01 0.01 6
89.87 94.84 85.04 4 621.00 0.00 0.03 0.01 157
91.47 92.36 89.12 1 622.00 0.00 0.01 0.02 137
90.94 93.26 89.35 1 623.00 0.00 0.01 0.01 122
88.77 89.40 32.07 1 624.00 0.00 0.01 0.01 528
90.00 90.07 88.16 9 625.00 0.00 0.03 0.01 9
85.70 87.36 34.72 1 626.00 0.00 0.01 0.01 24
85.40 89.27 80.79 1 627.00 0.00 0.03 0.01 1
84.25 84.32 84.19 3 628.00 0.00 0.01 0.02 2
83.41 87.76 81.43 2 629.00 0.00 0.01 0.01 4
83.55 83.78 85.03 2 630.00 0.00 0.01 0.01 113
83.01 83.08 79.73 1 631.00 0.00 0.03 0.01 151
82.24 82.30 80.78 2 632.00 0.00 0.03 0.01 161
79.20 81.77 76.47 11 633.00 0.00 0.03 0.01 1058
81.05 81.12 78.78 17 634.00 0.00 0.01 0.01 902
77.48 79.19 77.91 15 635.00 0.00 0.01 0.01 3
77.42 77.48 77.26 147 636.00 0.00 0.01 0.01 233
76.73 77.76 73.23 1 637.00 0.00 0.03 0.01 157
76.58 76.65 74.87 14 638.00 0.00 0.03 0.01 380
76.01 76.08 73.84 24 639.00 0.00 0.03 0.01 984
72.23 74.36 74.45 18 640.00 0.00 0.03 0.01 1
72.88 73.43 73.99 12 641.00 0.00 0.01 0.03 1714
72.02 72.29 67.52 1 642.00 0.00 0.03 0.01 703
69.59 71.97 69.30 5 643.00 0.00 0.03 0.01 1
69.07 71.02 68.82 16 644.00 0.00 0.03 0.01 3167
68.95 69.92 68.05 7 645.00 0.00 0.03 0.01 3
67.26 67.33 68.01 8 646.00 0.00 0.03 0.01 12
65.59 66.70 67.31 9 647.00 0.00 0.01 0.01 30
65.20 66.32 65.78 5 648.00 0.00 0.03 0.01 15
65.51 65.57 64.27 13 649.00 0.00 0.01 0.01 763
62.70 64.70 64.63 74 650.00 0.00 0.03 0.01 25
62.99 63.06 61.94 15 651.00 0.00 0.03 0.01 61
60.93 61.51 61.74 13 652.00 0.00 0.03 0.01 11
59.99 60.05 61.71 19 653.00 0.00 0.01 0.01 12
58.81 58.88 60.07 33 654.00 0.00 0.03 0.01 25
57.72 57.92 59.33 786 655.00 0.00 0.03 0.01 10
56.61 58.00 57.82 33 656.00 0.00 0.03 0.01 26
57.09 57.16 56.74 130 657.00 0.00 0.03 0.01 1
55.23 55.29 56.00 466 658.00 0.00 0.01 0.01 79
55.46 55.52 54.57 37 659.00 0.00 0.01 0.01 10
52.65 54.79 53.80 60 660.00 0.00 0.01 0.01 103
52.89 53.62 52.93 35 661.00 0.00 0.01 0.01 2
52.24 52.31 51.30 15 662.00 0.00 0.03 0.01 16
49.70 51.02 50.30 85 663.00 0.00 0.01 0.01 4
50.12 50.19 49.27 21 664.00 0.00 0.01 0.01 1
49.59 49.66 47.79 39 665.00 0.00 0.03 0.01 85
47.65 47.71 47.47 52 666.00 0.00 0.03 0.01 1
47.35 47.41 45.94 19 667.00 0.00 0.01 0.01 8
45.50 45.57 46.06 387 668.00 0.00 0.03 0.01 114
44.74 44.81 44.45 53 669.00 0.00 0.01 0.01 117
44.48 44.55 43.41 121 670.00 0.00 0.03 0.01 175
42.10 42.62 42.80 48 671.00 0.00 0.01 0.01 16
41.59 41.66 41.56 29 672.00 0.00 0.03 0.01 560
39.93 41.28 39.98 56 673.00 0.00 0.03 0.02 962
40.23 40.30 40.09 46 674.00 0.00 0.03 0.01 40
38.38 38.91 39.05 177 675.00 0.00 0.01 0.01 229
37.77 37.84 37.75 18 676.00 0.00 0.01 0.01 197
36.46 36.83 36.45 60 677.00 0.00 0.03 0.01 1679
36.19 36.28 35.42 2 677.50 0.00 0.01 0.01 712
36.30 36.37 35.46 66 678.00 0.00 0.01 0.01 242
34.95 35.34 34.50 47 679.00 0.00 0.03 0.01 2686
33.18 33.26 33.79 534 680.00 0.00 0.01 0.01 4884
32.11 32.76 32.67 101 681.00 0.00 0.01 0.01 9766
32.27 32.34 31.53 97 682.00 0.01 0.04 0.01 17004
30.72 31.32 31.46 25 682.50 0.03 0.04 0.03 514
30.19 30.33 30.13 36 683.00 0.03 0.04 0.03 1741
29.68 29.75 29.18 43 684.00 0.01 0.02 0.01 1810
29.18 29.25 28.31 269 685.00 0.01 0.02 0.01 2412
27.17 28.26 27.41 251 686.00 0.01 0.04 0.03 811
26.15 26.28 26.42 139 687.00 0.03 0.04 0.03 1061
26.08 26.29 26.37 7 687.50 0.03 0.04 0.03 93
25.61 26.11 25.88 30 688.00 0.01 0.04 0.03 1997
25.16 25.23 24.47 70 689.00 0.03 0.04 0.03 20778
23.51 24.08 23.91 578 690.00 0.04 0.05 0.04 17078
22.99 23.05 22.67 129 691.00 0.03 0.04 0.03 7276
21.35 22.02 21.53 111 692.00 0.01 0.02 0.03 3285
21.42 21.52 21.30 60 692.50 0.04 0.05 0.02 1591
20.35 21.08 20.58 229 693.00 0.01 0.02 0.03 4063
19.99 20.06 19.51 181 694.00 0.01 0.05 0.02 8731
18.66 18.73 18.48 372 695.00 0.04 0.05 0.04 10067
17.83 17.89 17.72 221 696.00 0.01 0.05 0.04 4179
16.70 16.78 16.59 255 697.00 0.04 0.05 0.03 7345
16.35 16.41 16.09 80 697.50 0.01 0.05 0.04 12873
16.00 16.08 15.73 190 698.00 0.04 0.05 0.02 22131
14.70 14.95 14.57 396 699.00 0.04 0.05 0.04 21959
13.84 13.90 13.54 3172 700.00 0.05 0.06 0.05 48670
12.82 12.95 12.23 2355 701.00 0.05 0.06 0.05 51712
11.53 11.56 11.29 2457 702.00 0.05 0.06 0.04 36769
10.51 10.85 10.58 3318 703.00 0.02 0.03 0.03 40756
9.79 9.89 9.51 5069 704.00 0.02 0.07 0.05 114555
8.65 8.67 8.47 10111 705.00 0.07 0.08 0.06 106448
7.64 7.80 7.67 7999 706.00 0.04 0.05 0.07 143174
6.80 6.88 6.50 10025 707.00 0.09 0.10 0.06 163994
5.64 5.89 5.72 19977 708.00 0.11 0.12 0.11 207120
4.80 4.89 4.78 64596 709.00 0.08 0.13 0.11 308538
3.77 3.95 3.80 214039 710.00 0.15 0.16 0.12 352417
2.84 2.85 2.85 290254 711.00 0.16 0.21 0.20 276171
1.99 2.00 1.99 330610 712.00 0.29 0.30 0.29 284388
1.13 1.19 1.17 306506 713.00 0.49 0.50 0.49 315892
0.58 0.59 0.58 348728 714.00 0.85 0.86 0.90 134141
0.21 0.26 0.24 268708 715.00 1.57 1.59 1.58 54561
0.08 0.09 0.09 211989 716.00 2.42 2.48 2.45 15535
0.07 0.08 0.04 117249 717.00 3.24 3.40 3.42 9604
0.01 0.06 0.05 76060 718.00 4.22 4.40 4.40 6155
0.04 0.05 0.03 28503 719.00 5.20 5.37 5.70 4386
0.01 0.02 0.01 35441 720.00 6.26 6.41 6.44 6207
0.01 0.04 0.03 4701 721.00 7.30 7.45 7.61 1947
0.01 0.04 0.01 5603 722.00 8.28 8.41 8.94 991
0.00 0.01 0.01 2680 723.00 9.23 9.32 9.92 861
0.00 0.01 0.01 7364 724.00 10.38 10.55 10.51 105
0.00 0.01 0.01 3849 725.00 11.32 11.48 11.49 144
0.00 0.03 0.01 1612 726.00 12.16 12.57 12.55 3
0.00 0.01 0.01 961 727.00 13.31 13.37 13.58 16
0.00 0.03 0.01 1511 728.00 14.14 14.48 14.68 151
0.00 0.01 0.01 2174 729.00 15.36 15.79 15.84 3
0.00 0.03 0.01 1226 730.00 16.28 16.60 16.60 39
0.00 0.01 0.01 103 731.00 17.21 17.29 17.61 9
0.00 0.01 0.01 80 732.00 18.03 18.53 21.74 2
0.00 0.03 0.01 200 733.00 18.95 19.27 19.80 2
0.00 0.01 0.01 200 734.00 20.37 20.44 23.72 2
0.00 0.03 0.01 128 735.00 21.54 21.76
0.00 0.01 0.01 31 736.00 21.88 22.51
0.00 0.03 0.01 447 737.00 23.44 23.81 26.37 3
0.00 0.03 0.01 540 738.00 24.08 24.16 28.53 2
0.00 0.03 0.01 1 739.00 25.56 25.63 27.79 3
0.00 0.03 0.01 2 740.00 26.08 26.27 29.53 2
0.00 0.01 0.01 1 745.00 30.76 31.40 36.42 6
0.00 0.03 0.01 16 750.00 35.85 37.02 37.96 1
0.00 0.03 0.01 1 755.00 41.58 42.82 44.30 1
0.00 0.01 0.01 3 760.00 45.42 48.28 49.23 2
0.00 0.01 0.01 3 765.00 49.28 52.55 57.12 30
0.00 0.01 0.01 1 770.00 54.45 58.24 60.18 2
0.00 0.01 0.01 1 775.00 60.41 62.14
0.00 0.01 0.01 1 780.00 65.47 66.87
0.00 0.03 0.01 15 785.00 70.39 72.15
0.00 0.03 0.01 4 790.00 75.43 78.67
0.00 0.03 0.01 1003 795.00 80.60 83.65 86.36 1
0.00 0.03 0.01 20 800.00 86.24 88.98 91.34 1
0.00 0.03 0.01 20 805.00 89.76 94.29
0.00 0.03 0.01 100 810.00 93.09 98.00
0.00 0.01 0.01 2 815.00 98.75 100.85
0.00 0.03 0.01 3 820.00 105.96 107.88
0.00 0.03 0.01 4 825.00 108.79 110.90
0.00 0.03 0.01 350 830.00 115.48 119.17 172.43 2
0.00 0.03 0.01 230 835.00 119.23 121.40
0.00 0.01 840.00 123.02 127.55
0.00 0.03 845.00 128.03 134.83
0.00 0.03 0.01 11 850.00 133.75 138.15
0.00 0.01 855.00 140.48 143.72
0.00 0.03 860.00 144.88 145.49
0.00 0.01 0.01 1 865.00 152.25 153.88
0.00 0.01 870.00 154.55 158.47
0.00 0.01 875.00 158.35 165.12
0.00 0.01 880.00 162.45 167.04
0.00 0.03 885.00 172.23 175.03
0.00 0.03 890.00 174.25 174.30
0.00 0.03 895.00 179.76 184.43 186.34 1
0.00 0.03 0.01 1 900.00 182.75 184.22 190.28 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 $713.72.

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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