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
210.12 214.95 500.00 0.00 0.01 0.01 104
206.13 207.12 505.00 0.00 0.01 0.04 110
206.20 208.95 510.00 0.00 0.03
196.70 201.94 515.00 0.00 0.03 0.01 1
194.76 197.42 520.00 0.00 0.01
189.55 189.72 185.80 18 525.00 0.00 0.03 0.01 50
184.99 187.62 530.00 0.00 0.03 0.01 10
177.18 180.44 535.00 0.00 0.03 0.03 10
170.22 171.99 540.00 0.00 0.01 0.02 100
168.96 169.29 545.00 0.00 0.01 0.01 10
160.73 167.87 550.00 0.00 0.03 0.05 20
156.31 157.45 152.77 4 555.00 0.00 0.01 0.03 1
152.46 153.58 151.17 6 560.00 0.00 0.01 0.03 2
148.89 151.66 565.00 0.00 0.03 0.02 37
144.86 146.91 140.71 14 570.00 0.00 0.03 0.01 25
138.17 139.51 575.00 0.00 0.01 0.01 1
130.50 134.17 131.62 4 580.00 0.00 0.03 0.04 85
129.68 132.27 107.8 0.95 585.00 0.00 0.01 0.03 153
121.63 127.03 121.46 18 76.3 0.99 590.00 0.03 0.04 0.01 10 58.5 -0.00
118.00 121.38 82.1 0.97 595.00 0.03 0.04 0.01 30 56.1 -0.00
111.91 116.65 111.30 12 68.7 0.99 600.00 0.03 0.04 0.05 120 53.7 -0.00
106.59 110.10 106.47 12 605.00 0.03 0.04 0.02 400 51.4 -0.00
102.42 104.19 610.00 0.03 0.04 0.01 100 49.1 -0.00
97.92 100.53 58.0 0.99 615.00 0.04 0.05 0.02 1 48.0 -0.00
93.23 96.19 66.4 0.97 620.00 0.01 0.05 0.02 16 43.8 -0.00
88.44 90.10 84.91 13 53.8 0.98 625.00 0.04 0.05 0.03 11 43.3 -0.00
82.38 86.09 80.83 2 49.9 0.99 630.00 0.01 0.02 0.05 281 36.8 -0.00
75.96 81.56 73.70 1 635.00 0.01 0.06 0.06 5 37.6 -0.00
73.27 75.36 71.51 10 46.4 0.98 640.00 0.06 0.07 0.06 1 37.8 -0.01
72.41 74.45 62.54 60 48.3 0.97 641.00 0.02 0.07 0.03 100 35.8 -0.00
69.50 74.44 642.00 0.02 0.07 0.07 100 35.4 -0.00
69.88 71.04 67.38 1 643.00 0.02 0.03 0.14 5 32.8 -0.00
68.77 70.13 644.00 0.06 0.07 0.08 56 35.9 -0.01
68.03 69.08 645.00 0.03 0.08 0.07 418 34.7 -0.01
65.38 69.29 63.90 4 646.00 0.07 0.08 0.06 7 35.5 -0.01
66.46 66.93 647.00 0.03 0.04 0.04 1 32.1 -0.00
64.22 68.31 55.53 140 40.6 0.98 648.00 0.07 0.08 0.13 1 34.6 -0.01
63.97 65.37 61.21 6 649.00 0.03 0.08 0.15 3 32.9 -0.01
61.88 65.72 60.23 2 650.00 0.07 0.08 0.07 6 33.6 -0.01
61.56 65.22 59.14 6 41.6 0.97 651.00 0.04 0.09 0.10 51 32.5 -0.01
60.07 62.83 58.68 5 652.00 0.08 0.09 0.08 36 33.1 -0.01
60.60 63.12 57.87 6 47.2 0.95 653.00 0.08 0.09 0.09 49 32.6 -0.01
57.97 61.92 57.24 9 654.00 0.08 0.09 0.05 1 32.1 -0.01
57.39 61.30 55.21 8 38.4 0.97 655.00 0.04 0.09 0.08 2 30.6 -0.01
56.11 60.20 54.23 12 33.0 0.99 656.00 0.09 0.10 0.14 26 31.6 -0.01
56.24 58.65 39.0 0.97 657.00 0.09 0.10 0.10 3 31.1 -0.01
55.37 57.51 52.62 1 38.3 0.97 658.00 0.05 0.10 0.18 56 29.7 -0.01
52.71 56.25 659.00 0.09 0.10 0.09 5 30.1 -0.01
52.97 55.17 50.49 10 26.9 0.99 660.00 0.10 0.11 0.10 205 30.0 -0.01
50.84 54.14 52.57 1 661.00 0.10 0.11 0.13 89 29.5 -0.01
49.86 53.10 45.52 1 662.00 0.10 0.11 0.09 10 29.0 -0.01
48.88 52.80 44.91 2 663.00 0.07 0.08 0.18 49 27.3 -0.01
47.66 52.08 46.48 1 664.00 0.07 0.08 0.11 9 26.8 -0.01
48.40 49.27 48.30 9 665.00 0.08 0.09 0.12 33 26.7 -0.01
46.80 50.12 45.90 1 33.8 0.96 666.00 0.12 0.13 0.11 14 27.7 -0.02
44.80 47.42 44.33 1 667.00 0.13 0.14 0.29 57 27.4 -0.02
44.77 47.77 29.4 0.97 668.00 0.09 0.10 0.17 2 25.6 -0.01
43.21 46.17 39.97 1 669.00 0.10 0.11 0.13 18 25.5 -0.01
41.82 45.39 39.00 2 670.00 0.14 0.15 0.12 1085 26.2 -0.02
42.26 44.52 39.32 6 29.8 0.96 671.00 0.11 0.16 0.20 3 25.4 -0.02
40.96 43.53 26.7 0.97 672.00 0.16 0.17 0.21 1 25.6 -0.02
39.99 43.12 40.66 5 30.8 0.95 673.00 0.17 0.18 0.18 32 25.3 -0.02
38.59 42.10 35.40 2 27.3 0.97 674.00 0.18 0.19 0.15 59 25.0 -0.02
37.30 40.49 36.11 1 675.00 0.19 0.20 0.17 115 24.7 -0.02
37.21 39.71 27.7 0.96 676.00 0.16 0.17 0.18 53 23.5 -0.02
35.80 38.32 17.9 0.99 677.00 0.17 0.18 0.19 308 23.2 -0.02
35.36 36.81 32.78 12 18.9 0.99 678.00 0.23 0.24 0.25 42 23.8 -0.03
34.14 34.97 29.92 5 679.00 0.25 0.26 0.23 462 23.5 -0.03
33.30 34.20 33.94 7 680.00 0.22 0.23 0.28 254 22.5 -0.03
32.53 33.54 32.60 65 681.00 0.24 0.25 0.30 225 22.2 -0.03
31.27 32.76 27.07 5 682.00 0.31 0.32 0.30 140 22.7 -0.04
30.37 31.89 25.81 7 18.0 0.98 683.00 0.33 0.34 0.32 428 22.4 -0.04
29.60 30.95 28.67 4 20.4 0.97 684.00 0.36 0.37 0.37 328 22.1 -0.05
29.12 29.54 28.92 2 20.6 0.96 685.00 0.35 0.36 0.41 157 21.4 -0.05
28.67 28.81 25.96 6 24.2 0.92 686.00 0.42 0.43 0.42 178 21.6 -0.06
27.34 27.49 22.40 86 20.4 0.95 687.00 0.42 0.47 0.46 276 21.2 -0.06
26.72 26.86 26.79 3 23.2 0.92 688.00 0.50 0.51 0.50 297 21.1 -0.06
25.56 25.70 24.54 4 21.2 0.93 689.00 0.54 0.55 0.58 250 20.9 -0.07
23.95 24.25 22.69 7 13.5 0.99 690.00 0.59 0.60 0.62 1092 20.6 -0.08
23.81 23.95 19.84 2 21.8 0.90 691.00 0.65 0.66 0.63 398 20.4 -0.08
22.38 22.52 18.24 56 17.6 0.94 692.00 0.67 0.72 0.73 440 20.1 -0.09
21.92 21.94 21.03 1 20.7 0.89 693.00 0.73 0.78 0.83 294 19.8 -0.10
20.89 21.02 20.53 101 20.1 0.89 694.00 0.84 0.86 0.87 422 19.7 -0.11
19.34 19.81 19.46 39 16.8 0.92 695.00 0.92 0.94 0.96 925 19.5 -0.12
18.92 19.01 18.33 2 18.7 0.88 696.00 1.01 1.02 0.97 449 19.3 -0.13
18.15 18.27 13.73 10 19.3 0.86 697.00 1.10 1.12 1.13 1311 19.0 -0.14
17.12 17.22 15.19 30 18.3 0.86 698.00 1.17 1.22 1.22 485 18.7 -0.15
16.35 16.40 14.69 8 18.6 0.84 699.00 1.28 1.29 1.34 369 18.4 -0.16
15.55 15.69 15.12 1084 18.9 0.82 700.00 1.40 1.46 1.48 4489 18.2 -0.17
14.40 14.52 14.25 1082 17.3 0.82 701.00 1.59 1.60 1.64 1782 18.1 -0.19
13.70 13.76 13.32 4911 17.6 0.80 702.00 1.73 1.75 1.75 573 17.9 -0.21
12.68 12.81 12.41 523 16.8 0.79 703.00 1.84 1.85 1.98 698 17.4 -0.22
12.11 12.24 11.87 650 17.6 0.76 704.00 2.06 2.07 2.10 4408 17.4 -0.24
11.21 11.26 11.15 1624 16.9 0.74 705.00 2.20 2.22 2.26 2368 16.9 -0.26
10.33 10.37 10.22 306 16.3 0.73 706.00 2.41 2.42 2.52 629 16.7 -0.28
9.43 9.51 9.30 171 15.7 0.71 707.00 2.69 2.70 2.71 2333 16.6 -0.30
8.87 8.95 8.42 405 16.1 0.68 708.00 2.94 2.96 3.07 1061 16.4 -0.33
7.93 7.96 7.87 1206 15.1 0.66 709.00 3.20 3.22 3.22 1734 16.1 -0.35
7.35 7.43 7.50 2896 15.4 0.63 710.00 3.51 3.52 3.43 4816 15.9 -0.38
6.72 6.80 6.68 2244 15.3 0.60 711.00 3.73 3.75 3.83 2240 15.4 -0.40
6.05 6.12 5.99 1443 15.0 0.57 712.00 4.07 4.15 4.18 1324 15.2 -0.43
5.38 5.40 5.37 1930 14.6 0.54 713.00 4.51 4.55 4.56 1984 15.1 -0.46
4.78 4.80 4.77 1697 14.3 0.51 714.00 4.97 4.99 4.85 575 15.0 -0.49
4.28 4.30 4.27 2426 14.2 0.47 715.00 5.25 5.43 5.36 1371 14.6 -0.53
3.62 3.64 3.70 1487 13.6 0.44 716.00 5.75 5.95 5.75 54 14.4 -0.56
3.12 3.15 3.20 572 13.3 0.40 717.00 6.29 6.41 6.43 388 14.2 -0.59
2.70 2.72 2.69 581 13.2 0.36 718.00 6.75 6.94 7.03 36 13.8 -0.63
2.27 2.34 2.25 582 13.0 0.33 719.00 7.51 7.61 7.69 121 14.0 -0.66
1.90 1.92 1.92 769 12.7 0.29 720.00 7.93 8.17 8.16 2053 13.3 -0.70
1.61 1.62 1.58 2718 12.6 0.26 721.00 8.70 8.85 8.95 142 13.4 -0.73
1.30 1.32 1.27 798 12.3 0.22 722.00 9.27 9.50 9.71 166 12.8 -0.77
1.04 1.06 1.06 412 12.1 0.19 723.00 10.14 10.17 10.34 338 12.8 -0.80
0.82 0.83 0.80 637 11.8 0.16 724.00 10.68 11.11 11.45 161 12.4 -0.83
0.59 0.61 0.61 1063 11.4 0.13 725.00 11.88 11.94 12.68 2480 13.3 -0.83
0.45 0.46 0.49 1486 11.2 0.10 726.00 12.60 12.76 16.38 38 12.9 -0.86
0.37 0.38 0.37 341 11.2 0.09 727.00 13.23 13.87 14.00 9 12.8 -0.88
0.28 0.29 0.24 1716 11.1 0.07 728.00 14.28 14.30 15.06 2 11.7 -0.92
0.21 0.22 0.21 126 11.0 0.06 729.00 15.23 15.48 15.97 2 12.8 -0.91
0.16 0.17 0.16 600 11.0 0.04 730.00 16.07 16.71 29.13 1 13.8 -0.91
0.08 0.13 0.13 97 10.7 0.03 731.00 16.65 17.50 11.2 -0.96
0.10 0.11 0.10 573 11.2 0.03 732.00 17.62 18.95 14.1 -0.93
0.04 0.09 0.06 112 10.8 0.02 733.00 18.62 19.77 13.8 -0.95
0.07 0.08 0.04 51 11.6 0.02 734.00 20.07 20.47 15.2 -0.94
0.06 0.07 0.07 230 11.8 0.02 735.00 21.30 21.95 24.79 4 18.7 -0.91
0.01 0.06 0.06 244 11.2 0.01 736.00 21.77 23.09 17.8 -0.93
0.05 0.06 0.02 96 12.4 0.01 737.00 22.43 24.39 18.3 -0.93
0.01 0.05 0.03 40 11.9 0.01 738.00 24.21 24.61 18.9 -0.93
0.01 0.05 0.02 146 12.3 0.01 739.00 25.21 25.87 20.6 -0.92
0.01 0.05 0.04 18 12.7 0.01 740.00 25.96 26.74 19.5 -0.94
0.01 0.05 13.2 0.01 741.00 26.43 28.37 20.6 -0.94
0.04 0.05 14.3 0.01 742.00 28.02 28.25 18.0 -0.96
0.03 0.04 14.3 0.01 743.00 29.22 29.41 20.9 -0.95
0.03 0.04 0.04 36 14.7 0.01 744.00 29.79 30.99 22.2 -0.94
0.01 0.04 0.04 243 14.5 0.01 745.00 31.17 31.29 21.0 -0.96
0.03 0.04 0.02 559 15.5 0.01 746.00 32.47 34.13 30.4 -0.89
0.03 0.04 0.03 336 17.2 0.01 750.00 35.20 38.36 39.60 1 29.3 -0.92
0.01 0.04 0.02 101 18.5 0.01 755.00 40.31 43.34 32.7 -0.92
0.03 0.04 0.01 96 21.2 0.01 760.00 45.04 47.64 30.4 -0.96
0.00 0.03 0.02 149 765.00 50.67 52.78 37.5 -0.94
0.00 0.01 0.01 118 770.00 56.09 57.68 41.9 -0.94
0.00 0.03 0.03 207 775.00 59.13 63.00 65.19 3 32.4 -0.98
0.00 0.03 0.01 312 780.00 65.96 67.99 71.92 1 48.3 -0.94
0.00 0.01 0.01 15 785.00 71.09 72.01 46.1 -0.96
0.00 0.03 0.03 2 790.00 74.58 76.60
0.00 0.01 0.03 53 795.00 79.44 82.19
0.00 0.01 0.01 1 800.00 86.46 89.13 66.6 -0.92
0.00 0.03 805.00 89.16 92.27
0.00 0.01 810.00 93.55 96.15
0.00 0.01 0.01 153 815.00 99.00 102.49
0.00 0.03 0.02 638 820.00 106.72 107.66 71.4 -0.95
0.00 0.01 0.01 428 825.00 112.22 114.87 86.3 -0.92
0.00 0.03 830.00 116.51 116.79 69.2 -0.97
0.00 0.01 835.00 117.69 122.59
0.00 0.01 840.00 122.89 128.04
0.00 0.03 845.00 130.15 134.14 83.0 -0.95
0.00 0.01 850.00 135.29 139.91 90.6 -0.94
0.00 0.03 855.00 140.89 143.54 88.5 -0.95
0.00 0.01 860.00 144.42 148.71 81.0 -0.97
0.00 0.03 865.00 150.19 152.28 75.5 -0.98
0.00 0.03 870.00 157.01 159.61 107.3 -0.93
0.00 0.03 875.00 158.78 163.91 82.5 -0.98
0.00 0.03 880.00 167.22 169.82
0.00 0.01 885.00 166.77 173.02
0.00 0.03 890.00 175.39 178.21
0.00 0.01 895.00 182.61 185.25
0.00 0.01 900.00 186.29 187.34
0.00 0.03 905.00 188.52 189.43
0.00 0.03 910.00 193.94 197.40
0.00 0.03 915.00 203.56 204.88
0.00 0.03 920.00 202.29 206.66
0.00 0.03 925.00 212.72 216.75
0.00 0.01 930.00 217.99 220.59
0.00 0.03 935.00 217.05 222.27
0.00 0.03 940.00 227.56 230.19
0.00 0.03 945.00 233.11 234.04 242.60 1
0.00 0.01 950.00 235.47 236.37 247.58 2

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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