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
215.32 217.93 500.00 0.00 0.01 0.01 52
208.59 210.25 505.00 0.00 0.03 0.03 1
202.42 205.03 510.00 0.00 0.01 0.04 20
196.70 199.73 515.00 0.00 0.01
190.98 196.79 187.88 1 520.00 0.00 0.01
188.73 188.74 525.00 0.00 0.01 0.02 112
185.82 188.59 530.00 0.00 0.01 0.04 1
178.77 181.55 535.00 0.00 0.01 0.01 9
168.92 171.75 169.27 2 540.00 0.00 0.03 0.01 2
166.51 168.60 545.00 0.00 0.03 0.01 32
164.26 167.61 550.00 0.00 0.01 0.01 50
160.22 163.00 555.00 0.00 0.01 0.01 50
151.50 152.23 560.00 0.00 0.01 0.01 40
148.52 152.06 565.00 0.00 0.01 0.01 1
140.02 142.35 570.00 0.00 0.03 0.01 2
139.95 142.69 575.00 0.00 0.03 0.01 82
131.82 134.04 580.00 0.00 0.01 0.03 116
127.47 131.91 585.00 0.00 0.03 0.01 10
120.01 122.93 590.00 0.00 0.01 0.01 133
115.36 120.06 595.00 0.00 0.03 0.01 500
111.01 113.14 600.00 0.00 0.03 0.01 769
105.91 111.27 605.00 0.00 0.03 0.01 61
101.22 106.76 99.79 4 72.2 0.99 610.00 0.00 0.01 0.01 15
97.92 100.40 91.33 1 77.6 0.98 615.00 0.00 0.01 0.01 3
92.27 96.29 89.33 2 77.9 0.98 620.00 0.00 0.03 0.01 2
88.26 89.79 64.1 0.99 625.00 0.00 0.03 0.02 108
82.63 83.99 630.00 0.00 0.03 0.01 627
77.30 79.37 70.04 2 635.00 0.03 0.04 0.01 866 48.5 -0.00
71.04 75.02 70.05 2 640.00 0.03 0.04 0.01 1332 45.5 -0.00
72.80 73.61 69.05 2 59.8 0.98 641.00 0.03 0.04 0.03 1336 44.9 -0.00
70.18 72.76 68.21 2 642.00 0.01 0.02 0.03 11 40.8 -0.00
68.11 73.04 643.00 0.03 0.04 0.01 1 43.8 -0.00
69.18 70.27 644.00 0.03 0.04 0.05 154 43.2 -0.00
66.87 71.09 68.10 1 47.8 0.99 645.00 0.03 0.04 0.01 15 42.6 -0.00
65.28 70.02 646.00 0.01 0.02 0.03 1 38.6 -0.00
66.05 67.76 64.31 1 39.1 1.00 647.00 0.03 0.04 0.02 1 41.4 -0.00
65.23 65.67 62.65 1 648.00 0.03 0.04 0.03 50 40.8 -0.00
64.62 66.13 61.52 1 57.9 0.97 649.00 0.03 0.04 0.05 22 40.2 -0.00
61.90 63.77 60.68 11 650.00 0.01 0.02 0.01 91 36.4 -0.00
61.81 65.25 51.69 192 59.3 0.96 651.00 0.01 0.04 0.03 439 37.7 -0.00
61.44 63.51 56.28 6 57.5 0.96 652.00 0.03 0.04 0.02 255 38.5 -0.00
60.20 61.17 55.12 1 653.00 0.03 0.04 0.03 20 37.9 -0.00
59.13 61.76 55.3 0.96 654.00 0.03 0.04 0.01 3161 37.3 -0.00
57.60 60.99 58.46 5 51.5 0.97 655.00 0.04 0.05 0.04 3112 37.8 -0.01
56.54 60.11 54.01 10 51.4 0.97 656.00 0.04 0.05 0.02 93 37.2 -0.01
56.21 58.81 51.72 24 54.1 0.96 657.00 0.04 0.05 0.02 809 36.6 -0.01
54.26 56.56 55.81 2 658.00 0.04 0.05 0.04 961 36.0 -0.01
52.44 56.37 50.16 1 659.00 0.01 0.05 0.02 90 33.8 -0.00
52.93 53.63 51.12 2 660.00 0.01 0.05 0.02 81 33.3 -0.00
51.44 53.34 49.61 2 661.00 0.01 0.05 0.02 24 32.7 -0.00
50.72 53.64 47.35 10 43.5 0.97 662.00 0.01 0.05 0.02 152 32.1 -0.00
49.82 52.55 45.31 3 42.9 0.97 663.00 0.04 0.05 0.04 60 33.0 -0.01
48.82 51.24 42.07 4 37.5 0.98 664.00 0.05 0.06 0.02 42 33.2 -0.01
46.58 50.30 48.52 13 665.00 0.01 0.06 0.05 281 30.9 -0.01
46.78 48.88 666.00 0.05 0.06 0.05 63 32.0 -0.01
45.18 48.29 667.00 0.05 0.06 0.04 122 31.4 -0.01
44.75 47.37 46.32 6 35.8 0.98 668.00 0.01 0.06 0.05 227 29.2 -0.01
42.61 46.00 44.59 9 669.00 0.01 0.02 0.05 6 26.1 -0.00
42.41 45.79 42.88 10 35.6 0.98 670.00 0.01 0.02 0.02 306 25.6 -0.00
42.01 44.77 42.66 2 40.8 0.95 671.00 0.02 0.03 0.04 248 26.4 -0.00
40.66 43.72 41.68 1 36.3 0.97 672.00 0.02 0.07 0.03 95 27.6 -0.01
39.45 42.04 37.74 4 673.00 0.06 0.07 0.03 162 28.3 -0.01
38.81 41.53 39.62 2 34.4 0.97 674.00 0.06 0.07 0.06 259 27.7 -0.01
38.90 38.99 38.71 66 26.2 0.99 675.00 0.02 0.03 0.05 477 24.1 -0.01
36.28 38.64 35.64 3 676.00 0.03 0.08 0.07 302 25.9 -0.01
35.69 38.28 34.92 3 27.0 0.99 677.00 0.03 0.08 0.04 403 25.2 -0.01
34.91 36.73 26.63 8 678.00 0.03 0.04 0.04 645 23.3 -0.01
33.07 35.68 29.74 2 679.00 0.04 0.09 0.08 596 24.5 -0.01
33.36 33.77 33.18 76 680.00 0.08 0.09 0.06 3663 24.8 -0.01
32.90 34.03 32.99 77 33.8 0.94 681.00 0.08 0.09 0.08 897 24.2 -0.02
30.99 33.20 31.16 3 26.9 0.97 682.00 0.05 0.10 0.08 532 23.1 -0.01
30.02 31.58 30.45 19 683.00 0.09 0.10 0.07 1054 23.2 -0.02
30.31 30.41 29.46 9 29.9 0.94 684.00 0.06 0.07 0.10 1512 21.4 -0.01
29.19 29.29 28.59 106 27.4 0.95 685.00 0.07 0.12 0.11 4499 21.9 -0.02
28.20 28.30 28.07 85 26.7 0.95 686.00 0.07 0.12 0.11 2970 21.3 -0.02
26.25 27.38 26.88 404 687.00 0.08 0.13 0.12 926 20.9 -0.02
25.92 25.96 25.41 21 17.8 0.99 688.00 0.10 0.11 0.13 2094 20.2 -0.02
24.57 24.73 24.48 12 689.00 0.11 0.12 0.12 5387 19.9 -0.02
23.72 24.08 23.81 156 12.1 1.00 690.00 0.16 0.17 0.16 9739 20.4 -0.03
22.77 22.87 23.24 31 691.00 0.14 0.15 0.15 2095 19.2 -0.03
22.14 22.24 21.85 69 21.1 0.95 692.00 0.20 0.21 0.17 2276 19.7 -0.04
20.51 20.92 20.68 918 693.00 0.18 0.23 0.19 2169 18.9 -0.04
19.84 19.93 19.69 198 694.00 0.24 0.25 0.24 1571 18.8 -0.05
19.16 19.35 18.53 2223 19.6 0.94 695.00 0.27 0.28 0.24 5700 18.5 -0.05
17.90 17.98 17.89 228 12.8 0.99 696.00 0.30 0.31 0.32 2668 18.1 -0.06
17.13 17.23 16.74 187 17.0 0.94 697.00 0.34 0.35 0.35 2736 17.8 -0.07
16.18 16.37 16.26 222 17.3 0.93 698.00 0.38 0.39 0.39 4011 17.4 -0.08
15.21 15.32 15.13 875 16.4 0.92 699.00 0.39 0.44 0.46 3878 16.9 -0.08
13.95 14.45 14.11 967 14.8 0.93 700.00 0.49 0.50 0.50 16698 16.8 -0.10
13.42 13.57 13.16 721 16.7 0.89 701.00 0.52 0.53 0.57 4043 16.1 -0.10
12.49 12.59 12.32 458 16.1 0.88 702.00 0.64 0.65 0.64 4348 16.1 -0.12
11.52 11.57 11.41 829 15.2 0.87 703.00 0.72 0.73 0.74 5769 15.8 -0.14
10.70 10.74 10.33 433 15.4 0.84 704.00 0.82 0.83 0.85 8022 15.4 -0.16
9.59 9.69 9.70 963 13.8 0.84 705.00 0.94 0.95 0.95 16726 15.1 -0.18
8.93 8.97 8.88 535 14.6 0.80 706.00 1.03 1.08 1.08 9251 14.6 -0.20
7.93 7.97 7.77 798 13.4 0.79 707.00 1.23 1.24 1.19 11671 14.4 -0.23
7.11 7.19 7.09 5700 13.3 0.76 708.00 1.37 1.38 1.37 14936 13.9 -0.25
6.39 6.43 6.31 7732 13.3 0.72 709.00 1.61 1.62 1.62 19903 13.8 -0.29
5.47 5.53 5.55 20989 12.3 0.69 710.00 1.81 1.82 1.85 29757 13.3 -0.32
4.87 4.91 4.85 30204 12.6 0.64 711.00 2.13 2.14 2.13 26561 13.2 -0.36
4.16 4.21 4.17 46204 12.2 0.60 712.00 2.45 2.46 2.47 35336 12.9 -0.41
3.48 3.49 3.60 25131 11.7 0.55 713.00 2.75 2.78 2.83 18048 12.4 -0.45
2.97 2.99 2.93 38192 11.7 0.50 714.00 3.25 3.28 3.29 12071 12.5 -0.50
2.44 2.45 2.47 23084 11.5 0.44 715.00 3.73 3.76 3.71 2975 12.3 -0.55
1.93 1.94 2.00 17747 11.1 0.39 716.00 4.14 4.26 4.34 1703 11.8 -0.61
1.51 1.57 1.58 9511 10.9 0.33 717.00 4.77 4.90 4.84 432 11.8 -0.66
1.20 1.21 1.22 7227 10.8 0.28 718.00 5.53 5.57 5.53 3800 11.9 -0.70
0.90 0.91 0.91 5459 10.5 0.23 719.00 6.24 6.29 6.36 781 11.8 -0.74
0.62 0.67 0.67 40244 10.2 0.18 720.00 7.01 7.05 6.97 3126 11.8 -0.78
0.42 0.47 0.48 6381 9.9 0.14 721.00 7.60 7.88 7.76 310 11.3 -0.83
0.32 0.33 0.30 10948 9.9 0.11 722.00 8.44 8.58 8.69 1801 10.7 -0.88
0.18 0.23 0.22 10166 9.6 0.07 723.00 9.55 9.65 9.69 643 12.3 -0.87
0.11 0.12 0.16 5936 9.2 0.05 724.00 10.24 10.58 10.52 749 11.6 -0.91
0.11 0.12 0.11 3942 9.9 0.04 725.00 11.51 11.60 11.67 1013 13.7 -0.89
0.04 0.09 0.05 4012 9.6 0.03 726.00 12.41 12.52 12.76 80 13.8 -0.91
0.06 0.07 0.06 1764 10.3 0.03 727.00 12.26 14.13 14.24 22 11.2 -0.96
0.01 0.06 0.03 2781 10.0 0.02 728.00 13.27 14.62 14.69 10
0.01 0.02 0.04 2382 9.5 0.01 729.00 14.14 15.95 16.25 40
0.01 0.02 0.04 2176 10.0 0.01 730.00 15.31 17.06 16.50 25 13.0 -0.97
0.01 0.04 0.03 502 11.2 0.01 731.00 16.10 18.26 20.79 1 13.5 -0.97
0.01 0.04 0.03 695 11.8 0.01 732.00 17.01 19.57 25.40 1 16.3 -0.95
0.03 0.04 0.03 663 12.9 0.01 733.00 18.19 20.18 15.0 -0.97
0.03 0.04 0.01 10 13.5 0.01 734.00 19.10 21.25 15.3 -0.98
0.03 0.04 0.01 5600 14.0 0.01 735.00 20.71 22.15 27.60 2 20.6 -0.94
0.03 0.04 0.01 3821 14.6 0.01 736.00 21.58 23.05 22.19 1 19.6 -0.96
0.03 0.04 0.03 610 15.2 0.01 737.00 22.23 23.81
0.03 0.04 0.03 6 15.7 0.01 738.00 23.55 25.31 22.8 -0.94
0.00 0.03 0.01 4 739.00 23.94 26.17
0.00 0.01 0.01 827 740.00 26.00 27.31 29.97 114 27.1 -0.93
0.00 0.01 0.01 855 741.00 26.57 28.36 31.02 114 25.5 -0.95
0.00 0.01 742.00 26.95 29.58 30.94 114 22.8 -0.97
0.00 0.03 0.01 7 743.00 28.91 30.89 33.24 114 32.0 -0.91
0.00 0.03 744.00 29.33 31.50 33.19 114 26.9 -0.95
0.00 0.01 0.01 1 745.00 30.06 32.62 34.96 114 26.3 -0.96
0.00 0.01 0.01 6 746.00 30.94 33.06
0.00 0.03 0.01 364 750.00 34.78 38.31 40.50 1 33.1 -0.95
0.00 0.01 0.01 3 755.00 39.29 43.11 45.81 1 29.1 -0.98
0.00 0.01 0.01 1 760.00 45.51 48.48 50.81 1 46.2 -0.93
0.00 0.03 0.01 1 765.00 49.89 52.88 55.09 1 40.3 -0.97
0.00 0.03 0.03 8 770.00 55.84 57.58 49.5 -0.95
0.00 0.01 0.01 10 775.00 60.59 63.93 60.3 -0.93
0.00 0.03 0.01 78 780.00 66.26 68.26 63.9 -0.93
0.00 0.01 0.01 15 785.00 71.50 72.67 65.2 -0.94
0.00 0.01 790.00 74.68 77.11
0.00 0.01 795.00 79.08 82.78
0.00 0.03 0.04 1 800.00 84.89 87.66 57.7 -0.98
0.00 0.03 0.03 50 805.00 91.45 93.16 81.7 -0.94
0.00 0.03 0.03 4 810.00 94.59 98.07 65.3 -0.98
0.00 0.03 0.01 1 815.00 100.51 104.45 90.6 -0.94
0.00 0.03 0.01 163 820.00 105.75 108.90 91.7 -0.95
0.00 0.01 825.00 111.97 113.03 97.4 -0.94
0.00 0.01 830.00 113.73 115.88
0.00 0.01 835.00 119.20 123.86 85.3 -0.98
0.00 0.01 840.00 122.81 128.86
0.00 0.01 0.01 1 845.00 128.29 135.07 94.7 -0.97
0.00 0.01 850.00 133.21 136.68
0.00 0.01 855.00 138.90 140.65
0.00 0.01 860.00 146.45 149.10
0.00 0.03 865.00 149.12 152.43
0.00 0.03 870.00 157.99 158.82
0.00 0.03 875.00 163.09 165.74
0.00 0.01 880.00 166.13 168.95
0.00 0.03 885.00 171.89 174.54
0.00 0.01 890.00 174.97 175.28
0.00 0.01 895.00 176.90 179.63
0.00 0.03 900.00 181.43 190.10
0.00 0.03 905.00 192.19 192.46
0.00 0.03 910.00 198.76 201.40
0.00 0.01 915.00 197.31 202.01
0.00 0.03 920.00 201.76 204.19
0.00 0.03 925.00 211.12 215.95
0.00 0.01 930.00 215.28 215.56
0.00 0.01 935.00 218.03 219.27
0.00 0.03 940.00 225.09 225.19
0.00 0.03 0.01 1 945.00 229.71 234.48
0.00 0.03 0.01 1 950.00 239.55 242.17 239.90 3

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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