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.

$713.68
Last updated: · auto-refresh in 30s
Calls
Strike
Puts
BidAskLastVolIV%Δ Strike BidAskLastVolIV%Δ
257.42 265.77 256.08 16 450.00 0.00 0.03 0.01 4
258.44 261.08 255.78 16 455.00 0.00 0.01 0.01 300
250.80 255.13 460.00 0.00 0.01 0.01 1
242.83 249.86 465.00 0.00 0.01 0.01 15
239.57 241.06 186.57 12 470.00 0.00 0.03 0.01 7
238.26 242.33 180.76 2 475.00 0.00 0.03 0.01 200
236.14 238.77 230.47 1 480.00 0.00 0.01 0.01 2
223.41 233.99 170.00 2 485.00 0.00 0.03 0.01 1
223.26 225.89 165.00 6 490.00 0.00 0.01 0.01 4
219.30 221.93 160.00 2 495.00 0.00 0.03 0.01 10
210.82 217.88 211.07 2 500.00 0.00 0.03 0.01 2
203.68 207.22 206.24 2 505.00 0.00 0.01 0.01 22
199.13 201.78 200.63 2 510.00 0.00 0.01 0.01 1
197.30 200.67 193.89 2 515.00 0.00 0.01 0.01 26
193.51 193.66 190.39 4 520.00 0.00 0.01 0.01 100
186.83 188.30 131.25 3 525.00 0.00 0.03 0.03 6
183.99 188.35 129.72 1 530.00 0.00 0.01 0.01 1
176.23 176.86 103.91 1 535.00 0.00 0.03 0.01 33
171.51 175.32 173.24 1 540.00 0.00 0.01 0.01 50
167.00 171.62 110.50 6 545.00 0.00 0.03 0.01 1
165.44 168.21 156.00 4 550.00 0.00 0.01 0.01 25
156.89 158.24 132.27 1 555.00 0.00 0.01 0.01 109
153.05 156.96 151.55 16 560.00 0.00 0.01 0.01 25
146.26 149.08 142.55 14 565.00 0.00 0.01 0.01 14
141.27 146.32 130.62 1 570.00 0.00 0.03 0.01 2
134.57 137.77 129.40 1 575.00 0.00 0.03 0.01 1
134.23 137.01 100.49 2 580.00 0.00 0.01 0.01 3
127.53 131.40 120.86 1 585.00 0.00 0.01 0.01 7
121.90 123.59 120.10 2 590.00 0.00 0.01 0.01 1
119.41 122.31 119.16 2 591.00 0.00 0.03 0.01 1
118.50 121.60 116.30 5 592.00 0.00 0.03 0.01 1
118.33 123.60 117.45 1 593.00 0.00 0.03 0.01 272
118.37 122.48 115.63 3 594.00 0.00 0.01 0.01 303
115.66 118.97 118.59 18 595.00 0.00 0.01 0.01 1
118.10 120.74 117.74 16 596.00 0.00 0.03 0.01 5
115.34 118.37 114.59 2 597.00 0.00 0.03 0.02 302
115.68 118.32 112.11 10 598.00 0.00 0.03 0.01 17
115.05 117.68 111.17 10 599.00 0.00 0.03 0.01 2
113.44 115.95 115.32 8 600.00 0.00 0.03 0.01 4
111.76 112.76 112.81 5 601.00 0.00 0.01 0.01 166
109.18 113.30 108.57 4 602.00 0.00 0.03 0.01 3
107.14 114.02 107.58 4 603.00 0.00 0.01 0.03 233
106.62 111.27 106.64 4 604.00 0.00 0.01 0.01 2
106.27 111.30 105.64 4 605.00 0.00 0.01 0.01 5
108.15 110.78 104.18 1 606.00 0.00 0.03 0.01 1
104.06 108.29 607.00 0.00 0.03 0.01 1
103.80 106.99 103.08 14 608.00 0.00 0.03 0.01 2
104.57 104.84 102.62 14 609.00 0.00 0.01 0.01 3
102.36 103.33 100.18 1 610.00 0.00 0.03 0.01 4
99.55 102.25 99.32 4 611.00 0.00 0.03 0.01 5
99.84 101.72 98.30 4 612.00 0.00 0.01 0.01 1
98.67 103.80 97.30 4 613.00 0.00 0.03 0.01 6
99.85 100.46 46.85 1 614.00 0.00 0.03 0.01 5
96.12 99.30 93.64 2 615.00 0.00 0.01 0.01 5
96.88 98.34 94.54 2 616.00 0.00 0.01 0.04 3896
95.74 97.36 93.49 2 617.00 0.00 0.01 0.03 16
96.08 96.80 93.78 6 618.00 0.00 0.03 0.01 5
94.14 96.32 92.62 6 619.00 0.00 0.01 0.04 27
92.18 93.11 90.30 1 620.00 0.00 0.03 0.01 2
90.66 95.25 85.04 4 621.00 0.00 0.01 0.01 157
88.48 91.44 89.12 1 622.00 0.00 0.03 0.02 137
87.57 91.99 89.35 1 623.00 0.00 0.01 0.01 122
87.30 90.39 32.07 1 624.00 0.00 0.01 0.01 528
88.95 89.86 87.93 7 625.00 0.00 0.01 0.01 8
85.77 89.90 34.72 1 626.00 0.00 0.03 0.01 24
83.83 89.12 80.79 1 627.00 0.00 0.03 0.01 1
87.02 87.08 84.19 3 628.00 0.00 0.03 0.02 52
83.99 86.13 81.43 2 629.00 0.00 0.01 0.01 4
84.32 84.53 85.03 2 630.00 0.00 0.01 0.01 113
83.15 83.21 79.73 1 631.00 0.00 0.01 0.01 151
81.05 81.11 80.78 2 632.00 0.00 0.03 0.01 161
80.43 80.97 76.47 11 633.00 0.00 0.01 0.01 1058
80.67 80.73 78.92 16 634.00 0.00 0.01 0.01 902
78.50 78.89 80.07 8 635.00 0.00 0.03 0.01 3
76.67 79.10 76.76 123 636.00 0.00 0.03 0.01 233
75.53 77.04 73.23 1 637.00 0.00 0.01 0.01 157
76.71 76.78 75.39 13 638.00 0.00 0.03 0.01 380
74.12 75.33 73.23 21 639.00 0.00 0.03 0.01 984
74.39 74.45 74.39 11 640.00 0.00 0.01 0.01 1
72.01 72.88 73.99 12 641.00 0.00 0.01 0.03 1714
71.80 71.87 67.52 1 642.00 0.00 0.01 0.01 703
69.38 69.73 68.50 2 643.00 0.00 0.03 0.01 1
68.73 68.79 69.37 15 644.00 0.00 0.01 0.01 3167
68.61 68.69 68.05 7 645.00 0.00 0.03 0.01 3
67.56 67.62 68.01 8 646.00 0.00 0.03 0.01 12
65.99 67.14 67.31 9 647.00 0.00 0.03 0.01 30
65.84 66.76 63.17 4 648.00 0.00 0.01 0.01 15
64.94 65.00 63.56 10 649.00 0.00 0.01 0.01 763
64.36 64.42 63.62 53 650.00 0.00 0.01 0.01 24
63.89 63.98 60.49 3 651.00 0.00 0.03 0.01 61
60.86 62.70 61.74 13 652.00 0.00 0.03 0.01 11
60.12 61.17 61.59 15 653.00 0.00 0.03 0.01 12
58.90 60.12 59.58 32 654.00 0.00 0.03 0.01 25
59.43 59.57 57.07 784 655.00 0.00 0.01 0.01 6
57.17 58.04 57.67 28 656.00 0.00 0.01 0.01 13
56.79 56.86 56.74 130 657.00 0.00 0.03 0.03 178
55.10 55.70 55.92 446 658.00 0.00 0.03 0.01 78
54.25 54.28 52.88 16 659.00 0.00 0.01 0.01 10
52.99 54.54 53.26 56 660.00 0.00 0.01 0.01 100
53.61 53.71 52.93 35 661.00 0.00 0.01 0.01 4916
51.06 51.13 51.30 15 662.00 0.00 0.03 0.01 15
50.26 50.35 50.30 85 663.00 0.00 0.01 0.01 4
50.49 50.56 49.27 21 664.00 0.00 0.01 0.02 865
48.75 48.83 48.42 36 665.00 0.00 0.01 0.01 73
48.30 48.38 47.62 51 666.00 0.00 0.03 0.02 2137
45.83 47.64 45.94 19 667.00 0.00 0.03 0.01 7
46.04 46.61 45.22 380 668.00 0.00 0.03 0.01 14
45.21 45.29 45.46 31 669.00 0.00 0.01 0.01 115
44.28 44.35 43.98 69 670.00 0.00 0.03 0.01 170
41.89 41.91 42.77 25 671.00 0.00 0.03 0.01 4
41.52 41.57 41.52 19 672.00 0.00 0.03 0.01 560
40.69 40.78 40.30 26 673.00 0.00 0.01 0.02 962
39.50 39.58 37.87 44 674.00 0.00 0.01 0.01 20
39.27 39.36 38.65 150 675.00 0.00 0.01 0.01 151
37.47 38.06 37.75 18 676.00 0.00 0.03 0.01 166
36.06 36.46 34.58 59 677.00 0.00 0.01 0.01 1609
35.71 36.22 35.42 2 677.50 0.00 0.01 0.01 712
36.03 36.19 35.34 62 678.00 0.00 0.01 0.01 193
34.54 35.22 34.57 44 679.00 0.00 0.03 0.01 2596
33.66 33.70 33.32 263 680.00 0.00 0.03 0.01 4793
32.70 33.25 32.56 65 681.00 0.00 0.01 0.01 8121
32.13 32.20 32.30 60 682.00 0.03 0.04 0.01 891
31.25 31.33 27.42 6 682.50 0.03 0.04 0.02 488
30.35 30.41 30.72 26 683.00 0.03 0.04 0.01 1703
29.82 29.91 27.63 26 684.00 0.03 0.04 0.03 1582
28.49 29.11 28.23 234 685.00 0.01 0.04 0.01 2119
27.53 28.22 27.82 111 686.00 0.03 0.04 0.01 577
26.60 26.83 26.68 134 687.00 0.03 0.04 0.01 708
26.41 26.49 21.70 5 687.50 0.01 0.02 0.03 89
26.18 26.26 25.71 29 688.00 0.03 0.04 0.02 1717
24.69 24.76 24.52 53 689.00 0.03 0.04 0.02 20345
23.93 24.08 23.34 271 690.00 0.01 0.02 0.02 9818
22.54 22.61 22.45 66 691.00 0.01 0.05 0.04 2242
21.66 22.11 21.53 69 692.00 0.04 0.05 0.04 2430
21.46 21.59 20.89 32 692.50 0.01 0.05 0.04 1460
20.94 21.01 20.59 168 693.00 0.04 0.05 0.02 3874
19.38 19.76 19.66 174 694.00 0.01 0.05 0.02 8317
18.92 19.00 18.92 254 695.00 0.05 0.06 0.02 9119
17.96 18.03 17.76 58 696.00 0.05 0.06 0.05 3874
16.70 16.96 16.39 225 697.00 0.01 0.02 0.05 6928
15.93 16.42 16.06 51 697.50 0.06 0.07 0.06 12628
15.78 15.90 15.82 146 698.00 0.02 0.03 0.03 21548
14.90 14.94 14.65 133 699.00 0.02 0.03 0.03 21208
13.76 13.99 13.35 2630 700.00 0.02 0.07 0.03 43693
12.74 12.81 12.45 2051 701.00 0.07 0.08 0.06 50609
11.72 11.99 11.46 1930 702.00 0.04 0.05 0.05 32055
10.58 10.71 10.58 3019 703.00 0.09 0.10 0.06 36312
9.60 9.61 9.77 4562 704.00 0.09 0.10 0.06 106881
8.69 8.73 8.64 9114 705.00 0.11 0.12 0.11 96654
7.62 7.76 7.71 7651 706.00 0.13 0.14 0.10 78485
6.83 6.90 6.72 8839 707.00 0.10 0.15 0.15 140302
5.70 5.84 5.86 17637 708.00 0.13 0.14 0.14 183608
4.79 4.90 4.77 62043 709.00 0.16 0.21 0.22 287084
3.96 4.00 3.94 208272 710.00 0.22 0.27 0.23 312957
2.95 2.99 2.94 284446 711.00 0.34 0.35 0.35 222987
2.15 2.17 2.15 303327 712.00 0.44 0.45 0.45 150819
1.40 1.41 1.40 196477 713.00 0.68 0.73 0.73 111285
0.81 0.82 0.81 192923 714.00 1.09 1.14 1.14 47621
0.38 0.43 0.42 173936 715.00 1.73 1.77 1.77 29689
0.17 0.18 0.17 140288 716.00 2.49 2.58 2.66 11676
0.12 0.13 0.11 61278 717.00 3.39 3.41 3.63 7268
0.03 0.08 0.07 52523 718.00 4.27 4.51 4.50 4696
0.01 0.06 0.05 25665 719.00 5.38 5.48 5.58 3090
0.04 0.05 0.02 32104 720.00 6.37 6.43 6.78 4669
0.01 0.04 0.02 3952 721.00 7.40 7.48 7.58 1107
0.01 0.04 0.01 5419 722.00 8.13 8.22 8.28 94
0.01 0.02 0.01 2508 723.00 9.11 9.31 9.31 60
0.01 0.04 0.01 5880 724.00 10.27 10.33 10.51 105
0.00 0.03 0.01 2692 725.00 11.47 11.55 11.70 116
0.00 0.01 0.01 1563 726.00 12.22 12.58 12.55 3
0.00 0.03 0.01 956 727.00 13.08 13.32 13.54 3
0.00 0.01 0.01 1506 728.00 14.07 14.40 14.62 149
0.00 0.03 0.01 2170 729.00 15.60 15.66 15.80 2
0.00 0.03 0.01 1138 730.00 16.60 16.68 16.33 28
0.00 0.03 0.01 103 731.00 17.46 17.54 21.29 3
0.00 0.01 0.01 80 732.00 18.38 18.73 21.74 2
0.00 0.03 0.01 200 733.00 19.76 19.85 19.80 2
0.00 0.01 0.01 200 734.00 20.28 20.79 23.72 2
0.00 0.01 0.01 60 735.00 21.34 21.56
0.00 0.03 0.01 13 736.00 22.59 22.73
0.00 0.03 0.01 447 737.00 23.69 23.76 26.37 3
0.00 0.03 0.01 540 738.00 24.02 24.22 28.53 2
0.00 0.01 0.01 1 739.00 25.54 25.82 27.79 3
0.00 0.01 0.01 2 740.00 26.70 26.86 29.53 2
0.00 0.01 0.01 1 745.00 31.12 31.18 36.42 6
0.00 0.01 0.01 16 750.00 36.32 36.75 37.96 1
0.00 0.03 0.01 42 755.00 40.05 43.43 44.30 1
0.00 0.03 0.01 3 760.00 45.14 48.38 49.23 2
0.00 0.03 0.01 3 765.00 49.22 52.46 57.12 30
0.00 0.03 0.01 1 770.00 55.46 58.73 60.18 2
0.00 0.01 0.01 1 775.00 60.81 61.88
0.00 0.03 0.01 1 780.00 63.78 67.27
0.00 0.01 0.01 15 785.00 69.26 71.99
0.00 0.01 0.01 4 790.00 75.49 76.65
0.00 0.01 0.01 1003 795.00 79.36 82.06 86.36 1
0.00 0.03 0.01 20 800.00 86.14 86.85 91.34 1
0.00 0.03 0.01 20 805.00 88.25 94.48
0.00 0.01 0.01 100 810.00 95.69 97.89
0.00 0.01 0.01 2 815.00 101.41 103.03
0.00 0.01 0.01 3 820.00 105.97 108.18
0.00 0.01 0.01 4 825.00 109.94 111.00
0.00 0.01 0.01 350 830.00 116.91 120.08 172.43 2
0.00 0.01 0.01 230 835.00 121.51 123.83
0.00 0.03 840.00 124.13 126.05
0.00 0.01 845.00 131.34 135.26
0.00 0.03 0.01 11 850.00 134.66 136.21
0.00 0.01 855.00 140.93 141.23
0.00 0.03 860.00 143.28 148.97
0.00 0.01 0.01 1 865.00 151.49 154.14
0.00 0.01 870.00 157.83 160.33
0.00 0.03 875.00 160.88 162.67
0.00 0.01 880.00 163.99 165.68
0.00 0.01 885.00 173.27 173.97
0.00 0.01 890.00 175.23 180.08
0.00 0.03 895.00 181.84 184.60 186.34 1
0.00 0.01 0.01 2 900.00 184.57 187.27 190.28 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 $713.68.

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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