SPY Options Flow Today — Unusual Options Activity | AlgoX Flow
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SPY Options Flow

Live unusual options activity for SPY — call vs put volume, the call/put ratio and the most active contract.
Last price
$759.82
+0.54%
Flow lean
Mixed
45% calls
Call / Put
0.83×
by volume
Top contract IV
—
$760 CALL
Day range
$750.36–$761.46
intraday
Volume
77.7M
shares today

SPY price — last 40 sessions

Range $754.05–$779.09 · -1.9% over the period · daily closes via Polygon

Today's SPY options read

As of the latest session, SPY is trading at $759.82 (+0.54% on the day). Today's options tape is leaning mixed — call volume is 45% of total contracts (716K calls vs 864K puts, a 0.83× call/put ratio). The most active contract is the $760 CALL expiring 2026-11-02 on 80K contracts.

The SPY options tape is mixed right now — call and put volume are close (45% calls), so there's no decisive directional lean from the flow yet. Mixed tapes tend to resolve once one side starts sweeping the ask on real size.

New to reading flow? Volume vs open interest → · What is implied volatility → · Sweeps vs blocks →

How to read SPY flow

Options flow shows where real money is positioning before a move. A bullish lean (heavy call volume, high call/put ratio, sweeps bought at the ask) means traders are paying up for upside; a bearish lean is the reverse. The largest, most-aggressive prints — sweeps filled across exchanges at the ask — carry the most signal. On the AlgoX conviction desk, SPY is scored live against net premium, relative volume, momentum and the biggest sweep of the day.

See the dealer-positioning side too: SPY gamma exposure — flip, walls & max pain →

Share SPY's flow

Posting the link is enough — X, Discord and Slack render the live data card automatically.

SPY options flow — FAQ

Is SPY options flow bullish or bearish today?

Based on the latest session, SPY flow is leaning mixed — calls are 45% of total options volume, a 0.83× call/put ratio. Flow lean is a positioning signal, not a guarantee of direction.

What is the SPY call/put ratio?

SPY's call/put ratio is currently 0.83× — 716K call contracts versus 864K put contracts. Above 1 means more call than put volume (often bullish); below 1 means puts dominate.

What's the most active SPY options contract?

The most-active SPY contract in the latest snapshot is the $760 CALL expiring 2026-11-02, trading 80K contracts.

What counts as unusual options activity in SPY?

Unusual options activity in SPY means volume well above normal — especially large blocks or sweeps bought at the ask. Those aggressive, urgent prints carry the most signal, and they're exactly what the AlgoX conviction desk flags in real time.

See SPY flow score live

The full conviction board ranks SPY and the whole tape in real time — with the exact contract the smart money is buying. Top flow is free to watch in the Discord.

Data via Polygon · refreshes through the session · educational, not financial advice · options carry substantial risk.