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
309.23 313.92 310.86 296 400.00 0.00 0.03 0.01 2
303.74 310.77 309.58 296 405.00 0.00 0.03 0.05 110
306.11 308.80 410.00 0.00 0.01 0.01 200
298.15 300.52 415.00 0.00 0.01 0.01 400
288.40 289.23 420.00 0.00 0.01 0.01 10
285.77 286.02 425.00 0.00 0.03 0.04 100
285.54 288.12 430.00 0.00 0.03 0.03 200
278.40 279.67 278.86 2 435.00 0.00 0.03 0.01 1
272.79 273.48 440.00 0.00 0.03 0.01 813
270.81 274.30 445.00 0.00 0.03 0.01 11
260.36 265.72 265.75 1 450.00 0.00 0.03 0.01 100
261.15 263.75 455.00 0.00 0.03 0.01 7
253.72 258.55 460.00 0.00 0.01 0.01 45
242.77 249.23 465.00 0.00 0.03 0.01 7
237.79 242.02 186.27 4 470.00 0.00 0.03 0.01 7
239.89 240.87 475.00 0.00 0.03 0.01 123
232.42 234.11 230.68 1 480.00 0.00 0.03 0.01 128
226.96 231.05 485.00 0.00 0.03 0.01 1074
219.32 224.81 490.00 0.00 0.03 0.01 458
214.73 223.48 495.00 0.00 0.01 0.01 1
216.76 218.99 207.15 1 500.00 0.00 0.01 0.01 13
211.77 214.18 505.00 0.00 0.01 0.01 3
205.41 207.14 200.98 6 510.00 0.00 0.01 0.01 329
200.56 202.21 194.31 2 515.00 0.00 0.01 0.01 10
192.39 194.86 163.85 3 520.00 0.00 0.03 0.01 268
186.77 193.45 156.85 1 525.00 0.00 0.03 0.01 200
179.08 185.24 110.30 26 530.00 0.00 0.03 0.01 5
175.99 177.43 159.52 3 535.00 0.00 0.03 0.01 1428
171.22 173.74 164.55 2 540.00 0.00 0.03 0.01 130
166.44 172.04 79.5 0.99 545.00 0.03 0.04 0.03 1490 68.0 -0.00
162.64 167.74 161.82 1 550.00 0.03 0.04 0.02 1965 65.9 -0.00
159.16 161.58 153.77 4 555.00 0.03 0.04 0.02 19 63.8 -0.00
155.40 157.82 151.13 16 560.00 0.03 0.04 0.02 12 61.7 -0.00
149.66 152.18 139.68 1 102.2 0.96 565.00 0.03 0.04 0.01 5 59.6 -0.00
143.36 145.90 108.26 1 79.7 0.98 570.00 0.03 0.04 0.03 11 57.6 -0.00
139.68 141.55 133.09 1 92.3 0.96 575.00 0.03 0.04 0.02 25 55.5 -0.00
130.82 134.93 121.58 20 580.00 0.03 0.04 0.03 11 53.5 -0.00
129.20 132.11 115.80 20 86.6 0.96 585.00 0.01 0.02 0.04 68 47.7 -0.00
125.10 125.91 121.91 1 81.8 0.96 590.00 0.04 0.05 0.04 88 50.7 -0.00
117.75 118.11 116.48 10 595.00 0.01 0.02 0.04 47 43.9 -0.00
112.78 115.33 110.46 2 600.00 0.04 0.05 0.03 122 46.6 -0.00
110.16 113.47 110.28 2 601.00 0.01 0.02 0.02 5 41.7 -0.00
109.27 113.84 109.33 2 602.00 0.01 0.06 0.05 43 44.7 -0.00
108.24 113.32 108.51 2 603.00 0.05 0.06 0.08 85 46.4 -0.00
110.00 112.39 107.34 2 69.8 0.96 604.00 0.05 0.06 0.07 1 46.0 -0.00
105.84 111.03 106.43 2 605.00 0.01 0.06 0.05 171 43.5 -0.00
107.72 109.72 90.78 5 61.9 0.97 606.00 0.05 0.06 0.02 686 45.1 -0.00
107.77 109.97 75.2 0.95 607.00 0.01 0.02 0.04 570 39.5 -0.00
103.59 107.28 608.00 0.01 0.02 0.04 4 39.1 -0.00
104.49 106.08 49.6 0.99 609.00 0.05 0.06 0.05 1 43.9 -0.00
101.32 104.65 103.67 5 610.00 0.05 0.06 0.04 246 43.5 -0.00
100.46 104.78 96.99 2 611.00 0.01 0.02 0.02 3 38.0 -0.00
101.60 103.10 50.5 0.99 612.00 0.01 0.02 0.04 109 37.6 -0.00
101.05 102.50 59.0 0.97 613.00 0.05 0.06 0.04 99 42.3 -0.00
98.02 100.09 87.69 1 614.00 0.02 0.03 0.06 7 38.7 -0.00
97.70 99.25 96.54 1 615.00 0.06 0.07 0.06 63 42.2 -0.00
97.93 98.68 47.0 0.99 616.00 0.02 0.03 0.06 60 37.9 -0.00
96.92 99.38 61.8 0.96 617.00 0.02 0.03 0.03 11 37.5 -0.00
93.62 98.92 91.13 2 44.7 0.99 618.00 0.02 0.03 0.03 3 37.2 -0.00
92.32 97.68 619.00 0.02 0.07 0.06 41 39.0 -0.00
91.08 96.56 93.50 3 620.00 0.07 0.08 0.07 96 40.8 -0.01
90.56 92.72 86.96 2 621.00 0.02 0.03 0.04 2 36.0 -0.00
90.13 91.48 85.96 2 622.00 0.07 0.08 0.10 126 40.0 -0.01
88.60 93.78 85.04 2 38.0 1.00 623.00 0.07 0.08 0.09 2 39.6 -0.01
89.45 91.31 88.40 1 45.5 0.99 624.00 0.07 0.08 0.07 2 39.2 -0.01
87.71 88.75 87.91 1 625.00 0.07 0.08 0.04 1187 38.8 -0.01
89.34 89.50 76.34 2 59.5 0.95 626.00 0.07 0.08 0.09 3 38.3 -0.01
85.67 88.15 81.18 1 627.00 0.03 0.08 0.08 45 36.6 -0.00
84.19 87.54 68.81 1 628.00 0.04 0.09 0.08 36 36.9 -0.01
85.32 86.63 65.40 602 53.0 0.96 629.00 0.08 0.09 0.05 39 37.6 -0.01
83.66 83.83 83.41 1 630.00 0.04 0.05 0.08 179 34.6 -0.00
82.47 85.74 78.03 18 53.4 0.96 631.00 0.08 0.09 0.08 9 36.8 -0.01
79.27 81.98 76.33 1 632.00 0.08 0.09 0.09 10 36.4 -0.01
79.65 82.08 78.90 11 633.00 0.05 0.10 0.09 210 35.4 -0.01
79.18 79.42 77.11 1 634.00 0.05 0.10 0.08 4 35.0 -0.01
79.42 80.61 75.22 1 50.1 0.96 635.00 0.05 0.10 0.06 82 34.6 -0.01
78.77 78.87 71.71 1 47.2 0.96 636.00 0.09 0.10 0.09 20 35.2 -0.01
77.56 77.73 75.16 1 44.2 0.97 637.00 0.05 0.06 0.09 2 32.6 -0.01
75.72 76.39 61.88 2 638.00 0.10 0.11 0.10 29 34.8 -0.01
74.06 74.75 71.89 1 639.00 0.10 0.11 0.07 4 34.4 -0.01
74.36 75.58 71.55 30 46.9 0.96 640.00 0.10 0.11 0.10 793 33.9 -0.01
73.38 73.55 70.81 1 39.1 0.98 641.00 0.10 0.11 0.09 129 33.5 -0.01
73.34 73.50 66.51 1 50.1 0.94 642.00 0.10 0.11 0.08 19 33.1 -0.01
71.13 71.30 64.53 1 30.7 0.99 643.00 0.07 0.08 0.11 257 31.3 -0.01
69.35 70.09 64.42 2 644.00 0.11 0.12 0.10 103 32.6 -0.01
69.75 70.13 64.10 5 43.8 0.96 645.00 0.11 0.12 0.11 123 32.2 -0.01
67.13 67.21 68.51 1 646.00 0.07 0.08 0.12 87 30.1 -0.01
66.30 67.82 63.84 3 647.00 0.12 0.13 0.12 332 31.7 -0.01
65.09 66.97 62.50 10 648.00 0.08 0.13 0.11 27 30.5 -0.01
64.18 65.25 58.22 1 649.00 0.12 0.13 0.13 27 30.8 -0.01
63.92 64.09 64.04 40 650.00 0.09 0.10 0.13 600 29.3 -0.01
63.76 63.88 60.74 2 39.2 0.96 651.00 0.09 0.10 0.13 35 28.9 -0.01
61.86 61.90 60.66 2 652.00 0.14 0.15 0.14 56 30.1 -0.01
60.60 60.73 59.89 1 653.00 0.10 0.11 0.15 252 28.4 -0.01
60.59 61.33 59.87 30 39.0 0.95 654.00 0.10 0.11 0.14 1503 28.0 -0.01
60.18 60.35 57.79 60 41.2 0.94 655.00 0.15 0.16 0.15 154 29.1 -0.01
57.51 58.14 58.32 10 656.00 0.15 0.16 0.16 57 28.6 -0.02
57.19 57.36 55.46 15 27.0 0.99 657.00 0.16 0.17 0.15 37 28.4 -0.02
55.98 56.15 55.28 21 658.00 0.13 0.14 0.17 51 27.2 -0.01
56.19 56.36 48.43 10 39.0 0.94 659.00 0.13 0.14 0.18 42 26.8 -0.01
54.92 55.09 55.02 169 36.1 0.95 660.00 0.14 0.15 0.18 1359 26.6 -0.02
53.59 53.76 51.47 9 32.2 0.96 661.00 0.19 0.20 0.18 185 27.3 -0.02
52.30 52.43 50.72 2 27.0 0.98 662.00 0.19 0.20 0.21 83 26.9 -0.02
52.01 52.18 45.71 7 35.2 0.94 663.00 0.16 0.21 0.18 124 26.2 -0.02
49.91 50.84 49.61 2 26.2 0.98 664.00 0.17 0.22 0.19 658 26.0 -0.02
48.71 49.10 48.85 9 665.00 0.18 0.19 0.22 691 25.3 -0.02
49.04 49.21 48.88 13 33.8 0.94 666.00 0.23 0.24 0.21 57 25.8 -0.02
47.85 48.02 46.97 3 31.6 0.94 667.00 0.25 0.26 0.25 421 25.7 -0.03
45.53 46.59 44.90 1 668.00 0.22 0.27 0.26 186 25.0 -0.03
44.88 46.19 43.91 1 26.3 0.96 669.00 0.27 0.28 0.29 243 25.0 -0.03
43.59 45.18 44.17 327 23.6 0.98 670.00 0.25 0.30 0.30 3013 24.6 -0.03
43.02 43.18 40.54 1 671.00 0.27 0.32 0.31 255 24.4 -0.03
41.99 42.07 42.28 109 672.00 0.32 0.33 0.31 409 24.3 -0.03
40.72 42.06 41.82 30 22.2 0.97 673.00 0.30 0.35 0.36 301 23.8 -0.03
40.31 40.72 40.48 98 23.5 0.96 674.00 0.37 0.38 0.38 190 23.9 -0.04
39.95 40.12 39.18 57 27.9 0.93 675.00 0.35 0.40 0.37 1162 23.4 -0.04
38.02 38.18 37.26 26 676.00 0.41 0.42 0.43 499 23.4 -0.04
37.80 37.96 37.89 7 25.6 0.94 677.00 0.40 0.45 0.47 383 23.0 -0.04
36.71 36.84 37.04 10 24.1 0.94 678.00 0.47 0.48 0.46 663 23.0 -0.05
35.84 36.01 32.14 1 24.8 0.93 679.00 0.46 0.51 0.53 292 22.6 -0.05
34.08 35.39 34.53 201 22.7 0.94 680.00 0.50 0.51 0.55 53782 22.2 -0.05
33.27 34.15 33.43 47 21.9 0.94 681.00 0.58 0.59 0.61 1231 22.4 -0.06
32.09 32.45 30.00 6 15.7 0.98 682.00 0.62 0.63 0.65 825 22.2 -0.06
31.13 32.12 29.19 11 20.1 0.95 683.00 0.63 0.68 0.70 587 21.9 -0.07
30.82 30.98 30.95 7 21.8 0.93 684.00 0.68 0.69 0.77 712 21.5 -0.07
29.41 29.99 30.08 80 19.7 0.94 685.00 0.78 0.79 0.78 2134 21.7 -0.08
28.66 28.93 28.78 56 19.9 0.93 686.00 0.84 0.85 0.81 1038 21.5 -0.09
27.72 28.13 27.42 25 20.2 0.92 687.00 0.90 0.92 0.89 713 21.3 -0.09
26.88 27.61 26.67 53 21.6 0.90 688.00 0.98 0.99 1.01 1031 21.2 -0.10
25.66 26.36 26.09 49 19.6 0.91 689.00 1.05 1.06 1.02 814 20.9 -0.11
25.05 25.21 25.44 278 19.7 0.90 690.00 1.10 1.15 1.15 6518 20.7 -0.11
24.54 24.70 24.14 172 21.6 0.87 691.00 1.19 1.24 1.26 297 20.6 -0.12
23.60 23.85 23.53 204 21.4 0.86 692.00 1.32 1.34 1.37 1112 20.5 -0.13
22.04 22.66 22.47 219 19.0 0.88 693.00 1.38 1.40 1.44 3161 20.1 -0.14
21.61 22.01 21.80 985 20.5 0.85 694.00 1.49 1.51 1.58 2215 19.9 -0.15
20.77 20.91 20.72 853 19.9 0.84 695.00 1.60 1.67 1.66 56354 19.8 -0.16
19.74 19.78 20.00 1429 18.9 0.84 696.00 1.80 1.81 1.85 1949 19.8 -0.17
18.95 19.41 18.52 267 19.8 0.82 697.00 1.88 1.89 1.94 1104 19.4 -0.18
18.44 18.61 18.11 5078 20.4 0.80 698.00 2.07 2.08 2.14 1022 19.4 -0.19
17.02 17.75 17.46 2833 19.1 0.80 699.00 2.18 2.19 2.23 1283 19.1 -0.20
16.34 16.76 16.59 1812 18.9 0.78 700.00 2.38 2.40 2.41 20539 19.0 -0.22
15.83 15.99 15.60 9379 19.3 0.76 701.00 2.58 2.59 2.65 1335 18.9 -0.23
15.05 15.21 14.67 6152 19.2 0.75 702.00 2.71 2.73 2.77 941 18.5 -0.25
14.13 14.29 14.12 3092 18.6 0.73 703.00 2.95 2.99 3.02 1355 18.5 -0.26
13.13 13.62 13.15 4125 18.3 0.72 704.00 3.20 3.22 3.22 679 18.4 -0.28
12.33 12.40 12.41 6914 17.4 0.71 705.00 3.39 3.42 3.50 3764 18.1 -0.30
11.88 12.08 11.73 310 18.2 0.68 706.00 3.67 3.69 3.71 1153 17.9 -0.32
11.10 11.17 10.90 1292 17.7 0.66 707.00 3.95 3.97 3.98 984 17.8 -0.34
10.35 10.53 10.33 5478 17.6 0.64 708.00 4.10 4.19 4.30 2646 17.3 -0.35
9.68 9.75 9.64 1241 17.3 0.62 709.00 4.42 4.55 4.47 2720 17.2 -0.38
8.70 8.81 8.76 7017 16.4 0.61 710.00 4.70 4.76 4.84 7722 16.8 -0.40
8.18 8.33 8.28 10881 16.6 0.58 711.00 5.19 5.21 5.27 3157 17.0 -0.42
7.56 7.68 7.59 5453 16.4 0.56 712.00 5.43 5.55 5.46 2473 16.6 -0.44
6.82 6.87 6.98 2944 15.8 0.54 713.00 5.88 5.91 5.90 2689 16.4 -0.47
6.46 6.48 6.40 5730 16.1 0.51 714.00 6.19 6.26 6.29 1805 16.0 -0.49
5.72 5.81 5.83 6149 15.6 0.48 715.00 6.58 6.60 6.86 1383 15.7 -0.52
5.14 5.17 5.29 2233 15.2 0.46 716.00 7.08 7.19 7.21 1921 15.7 -0.54
4.71 4.73 4.67 783 15.2 0.43 717.00 7.44 7.69 7.82 911 15.3 -0.57
4.16 4.26 4.22 1509 15.0 0.40 718.00 8.12 8.24 8.29 7545 15.4 -0.59
3.63 3.70 3.66 2064 14.5 0.37 719.00 8.36 8.59 8.68 7929 14.6 -0.63
3.20 3.26 3.18 7388 14.3 0.35 720.00 9.26 9.36 9.40 6763 15.1 -0.65
2.88 2.89 2.82 2114 14.2 0.32 721.00 9.63 9.67 10.22 1840 14.2 -0.68
2.50 2.52 2.53 1729 14.0 0.29 722.00 10.48 10.50 10.62 2888 14.6 -0.70
2.16 2.18 2.16 1387 13.8 0.26 723.00 11.11 11.23 11.23 1291 14.4 -0.73
1.78 1.83 1.81 1194 13.4 0.23 724.00 11.53 11.61 11.96 13 13.3 -0.77
1.50 1.51 1.56 12276 13.1 0.21 725.00 12.27 12.68 12.62 119 13.8 -0.78
1.28 1.29 1.30 713 13.0 0.18 726.00 12.96 13.51 13.79 6 13.6 -0.80
1.01 1.03 1.07 1531 12.6 0.16 727.00 13.74 13.85 14.39 341 12.6 -0.84
0.82 0.87 0.84 1278 12.5 0.14 728.00 14.94 15.06 14.85 80 14.1 -0.83
0.70 0.71 0.67 818 12.4 0.12 729.00 15.40 16.01 19.39 7 13.4 -0.86
0.52 0.53 0.57 2133 12.0 0.10 730.00 16.19 17.03 17.14 407 13.6 -0.88
0.44 0.45 0.39 520 12.0 0.08 731.00 16.98 19.18 19.43 7 16.4 -0.85
0.31 0.36 0.35 1249 11.8 0.07 732.00 17.94 18.55 22.80 20 12.7 -0.92
0.28 0.29 0.30 1227 11.8 0.06 733.00 18.78 19.34 11.8 -0.94
0.18 0.23 0.22 1359 11.5 0.04 734.00 20.20 20.97 15.8 -0.89
0.18 0.19 0.18 657 11.8 0.04 735.00 20.63 22.33 27.53 202 15.8 -0.90
0.14 0.15 0.15 851 11.7 0.03 736.00 21.83 22.72 30.26 2 15.0 -0.93
0.08 0.13 0.12 451 11.5 0.02 737.00 23.19 23.28 27.76 3 15.2 -0.93
0.06 0.07 0.07 202 11.1 0.02 738.00 24.27 26.16 21.3 -0.86
0.09 0.10 0.08 385 12.1 0.02 739.00 25.05 26.58 19.9 -0.89
0.04 0.09 0.08 801 11.8 0.02 740.00 26.13 27.38 31.33 1 20.1 -0.90
0.07 0.08 0.05 100 12.5 0.02 741.00 26.31 29.14 20.5 -0.90
0.06 0.07 0.07 28 12.6 0.01 742.00 27.33 29.63 19.5 -0.92
0.02 0.03 0.06 112 11.5 0.01 743.00 28.74 30.22 34.67 2 20.0 -0.92
0.02 0.03 0.06 371 11.9 0.01 744.00 29.97 32.02 35.65 2 23.7 -0.89
0.05 0.06 0.03 137 13.5 0.01 745.00 30.73 32.09 44.50 6 20.6 -0.93
0.05 0.06 0.03 93 13.8 0.01 746.00 32.07 33.13 22.4 -0.92
0.01 0.06 0.06 13 13.4 0.01 747.00 32.69 34.03 21.2 -0.94
0.04 0.05 0.03 37 14.2 0.01 748.00 33.74 35.96 25.1 -0.91
0.04 0.05 0.04 46 14.6 0.01 749.00 35.65 36.56 27.1 -0.89
0.01 0.02 0.02 1301 13.2 0.00 750.00 35.80 37.70 40.81 72 25.5 -0.91
0.04 0.05 0.04 126 16.7 0.01 755.00 40.98 43.06 44.60 6 29.8 -0.91
0.03 0.04 0.02 109 17.9 0.01 760.00 44.78 48.65 30.3 -0.93
0.01 0.04 0.03 20 18.8 0.00 765.00 50.22 51.98 26.7 -0.97
0.03 0.04 0.01 3 21.1 0.01 770.00 54.45 57.37 25.4 -0.98
0.01 0.02 0.01 160 20.9 0.00 775.00 61.44 62.10 38.0 -0.94
0.03 0.04 0.01 61 24.3 0.00 780.00 64.88 68.57 67.67 2 39.9 -0.94
0.03 0.04 0.02 10 25.9 0.00 785.00 68.59 74.01 37.8 -0.96
0.00 0.01 0.01 4 790.00 74.44 78.03 39.0 -0.97
0.00 0.03 0.01 5 795.00 80.30 82.24 84.51 2 41.6 -0.97
0.00 0.03 0.01 11 800.00 86.40 88.89 56.3 -0.92
0.00 0.01 0.01 323 805.00 89.39 92.27 94.87 2 35.7 -0.99
0.00 0.03 0.03 1 810.00 95.24 98.06 52.3 -0.96
0.00 0.03 0.01 2 815.00 100.12 102.19 47.7 -0.98
0.00 0.03 0.01 9 820.00 103.51 108.15 41.0 -0.99
0.00 0.01 0.01 2 825.00 109.42 114.76 170.94 1 63.0 -0.95
0.00 0.03 0.01 34 830.00 116.61 119.07 71.3 -0.93
0.00 0.03 0.01 795 835.00 121.82 124.77 76.8 -0.92
0.00 0.01 0.01 30 840.00 123.03 125.73
0.00 0.01 845.00 132.67 135.15 85.4 -0.91
0.00 0.01 0.02 459 850.00 136.33 138.81 77.7 -0.94
0.00 0.01 855.00 139.94 143.78 72.7 -0.96
0.00 0.01 860.00 146.76 148.08 80.5 -0.95
0.00 0.01 865.00 150.73 154.46 84.0 -0.94
0.00 0.01 870.00 152.20 160.55 71.7 -0.97
0.00 0.01 875.00 160.28 163.46 80.5 -0.96
0.00 0.03 0.01 200 880.00 167.20 169.39 96.0 -0.93
0.00 0.03 885.00 166.87 175.65 74.9 -0.98
0.00 0.01 0.01 1 890.00 171.77 175.27
0.00 0.03 895.00 182.23 183.78
0.00 0.03 0.01 1 900.00 183.78 189.60 87.1 -0.97

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.

Related Option Chains