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SPY Options Chain – 2026-05-15

Detailed SPY options chain for 2026-05-15 – real-time call and put contracts with last price, bid/ask, volume, open interest, implied volatility, and in-the-money status.

Tip: Use this page together with the price chart, short-term prediction, and multi-expiry options overview to build a complete view of positioning and risk for SPY.

SPY Call Options — 2026-05-15 Expiration

This page focuses on a single options expiration date for SPY – 2026-05-15 – and lists every available call and put contract in a clean chain view. Each row shows the contract symbol, last trade, bid/ask quotes, daily change, percentage change, trading volume, open interest, implied volatility (IV), and whether the option is currently in-the-money (ITM).

Traders often use a specific expiry’s options chain to identify key strike levels, unusual activity, and risk hedging behavior. High open interest around certain strikes or sudden spikes in volume can reveal where large traders and market makers are concentrating their positions for SPY into 2026-05-15.

This SPY 2026-05-15 options chain provides a complete strike-by-strike breakdown of pricing, liquidity and volatility. By comparing changes in volume, open interest distribution and IV across calls and puts, traders can understand where the market is positioning ahead of this specific expiration date.

SPY Put Options — 2026-05-15 Expiration

The table below shows all call options on SPY expiring on 2026-05-15. You can quickly compare strikes, pricing, liquidity (volume and open interest), and implied volatility to spot popular strike zones and potential directional bets.

Contract Strike Last Bid Ask Volume Open Int. Implied Vol ITM
SPY 260515C00740000 740.00 4.17 4 4.05 692 2249 13.39%
SPY 260515C00825000 825.00 0.1 0.09 0.11 1 2031 13.89%
SPY 260515C00775000 775.00 0.67 0.67 0.69 34 2006 12.56%
SPY 260515C00714000 714.00 12.48 12.38 12.44 2 1761 15.45%
SPY 260515C00715000 715.00 12.04 11.93 11.99 6 1662 15.35%
SPY 260515C00725000 725.00 8.4 8 8.05 264 1452 14.43%
SPY 260515C00700000 700.00 20.45 19.68 19.74 193 1367 16.97%
SPY 260515C00701000 701.00 18.75 19.1 19.17 4 919 16.86%
SPY 260515C00800000 800.00 0.22 0.23 0.25 3 740 13.09%
SPY 260515C00710000 710.00 13.8 14.28 14.34 24 684 15.86%
SPY 260515C00735000 735.00 5.36 5.1 5.15 62 671 13.69%
SPY 260515C00730000 730.00 6.81 6.43 6.48 323 658 14.04%
SPY 260515C00750000 750.00 2.32 2.41 2.44 102 616 12.92%
SPY 260515C00697000 697.00 21.1 21.46 21.53 3 609 17.32%
SPY 260515C00704000 704.00 16.19 17.41 17.48 5 533 16.52%
SPY 260515C00693000 693.00 23.12 23.95 24.02 12 515 17.80%
SPY 260515C00720000 720.00 9.58 9.83 9.89 161 483 14.87%
SPY 260515C00695000 695.00 22.75 22.69 22.76 27 459 17.56%
SPY 260515C00705000 705.00 16.3 16.87 16.93 24 449 16.41%
SPY 260515C00685000 685.00 30.3 28.13 30.4 99 443 19.54% YES
SPY 260515C00694000 694.00 22.57 23.31 23.38 6 435 17.67%
SPY 260515C00698000 698.00 21.66 20.86 20.93 21 407 17.21%
SPY 260515C00835000 835.00 0.13 0.07 0.09 0 397 14.41%
SPY 260515C00703000 703.00 17.31 17.97 18.03 3 397 16.63%
SPY 260515C00620000 620.00 81.18 80.56 83.73 10 383 28.80% YES
SPY 260515C00765000 765.00 1.15 1.1 1.13 24 375 12.58%
SPY 260515C00770000 770.00 0.78 0.85 0.88 32 359 12.55%
SPY 260515C00745000 745.00 3.29 3.12 3.16 45 359 13.14%
SPY 260515C00690000 690.00 25.73 25.34 26.45 199 357 18.51% YES
SPY 260515C00691000 691.00 25.9 24.21 26.26 20 350 18.71%
SPY 260515C00760000 760.00 1.49 1.42 1.46 22 327 12.66%
SPY 260515C00709000 709.00 14.96 14.78 14.84 2 317 15.97%
SPY 260515C00699000 699.00 19.91 20.27 20.33 4 307 17.09%
SPY 260515C00692000 692.00 25.19 24.58 24.65 44 301 17.91%
SPY 260515C00689000 689.00 26.53 26.12 27.03 158 274 18.57% YES
SPY 260515C00785000 785.00 0.33 0.42 0.44 1 256 12.67%
SPY 260515C00885000 885.00 0.04 0.03 0.05 0 249 17.19%
SPY 260515C00660000 660.00 47.59 46.55 49.6 11 239 23.16% YES
SPY 260515C00650000 650.00 52.92 54.57 57.86 4 221 24.61% YES
SPY 260515C00780000 780.00 0.46 0.53 0.55 646 213 12.61%
SPY 260515C00670000 670.00 40.35 39.75 40.63 20 193 20.96% YES
SPY 260515C00712000 712.00 13.88 13.31 13.37 11 191 15.65%
SPY 260515C00696000 696.00 21.71 22.07 22.14 7 174 17.44%
SPY 260515C00655000 655.00 49.7 50.52 53.76 11 172 23.93% YES
SPY 260515C00707000 707.00 13.71 15.8 15.87 2 157 16.19%
SPY 260515C00840000 840.00 0.11 0.06 0.08 0 148 14.60%
SPY 260515C00830000 830.00 0.09 0.08 0.1 3 148 14.16%
SPY 260515C00680000 680.00 32.4 32.12 33.41 19 134 19.81% YES
SPY 260515C00615000 615.00 83.92 84.94 88.2 1 121 29.52% YES
SPY 260515C00790000 790.00 0.3 0.34 0.36 2 115 12.79%
SPY 260515C00755000 755.00 1.78 1.85 1.89 27 114 12.77%
SPY 260515C00683000 683.00 31.45 29.47 31.82 18 109 19.82% YES
SPY 260515C00679000 679.00 33.09 31.78 35.23 10 104 20.74% YES
SPY 260515C00870000 870.00 0.05 0.04 0.06 0 98 16.41%
SPY 260515C00708000 708.00 15.46 15.28 15.35 2 97 16.08%
SPY 260515C00688000 688.00 27.12 26.15 28.2 35 95 19.05% YES
SPY 260515C00600000 600.00 99.22 98.56 101.67 20 89 31.55% YES
SPY 260515C00675000 675.00 32.5 35.65 37.15 4 74 20.52% YES
SPY 260515C00686000 686.00 29.5 26.92 30.15 20 62 19.73% YES
SPY 260515C00805000 805.00 0.19 0.19 0.2 1 61 13.16%
SPY 260515C00684000 684.00 30.61 28.79 31.13 20 54 19.70% YES
SPY 260515C00674000 674.00 32.5 35.8 38.5 13 49 21.10% YES
SPY 260515C00681000 681.00 30.43 30.85 33.26 3 47 20.09% YES
SPY 260515C00605000 605.00 87.1 93.99 97.29 3 44 31.02% YES
SPY 260515C00702000 702.00 17.92 18.53 18.59 23 40 16.74%
SPY 260515C00610000 610.00 85.91 89.42 92.73 25 38 30.27% YES
SPY 260515C00682000 682.00 31.98 30.16 32.52 15 32 19.94% YES
SPY 260515C00677000 677.00 35.3 33.68 36.22 12 29 20.66% YES
SPY 260515C00850000 850.00 0.09 0.05 0.07 0 27 15.19%
SPY 260515C00630000 630.00 72.2 71.74 74.97 6 27 27.44% YES
SPY 260515C00855000 855.00 0.05 0.05 0.07 15 25 15.53%
SPY 260515C00706000 706.00 14.75 16.33 16.39 3 25 16.29%
SPY 260515C00678000 678.00 34.25 32.96 35.48 7 24 20.52% YES
SPY 260515C00810000 810.00 0.13 0.16 0.18 2 24 13.43%
SPY 260515C00815000 815.00 0.14 0.13 0.15 15 21 13.55%
SPY 260515C00635000 635.00 68.12 67.31 70.61 33 18 26.72% YES
SPY 260515C00687000 687.00 28.6 27.43 28.38 400 18 18.83% YES
SPY 260515C00640000 640.00 63.85 63.01 66.31 17 17 26.02% YES
SPY 260515C00711000 711.00 10.01 13.79 13.85 0 16 15.76%
SPY 260515C00645000 645.00 52.31 58.76 62.07 1 15 25.33% YES
SPY 260515C00550000 550.00 148.36 145.5 148.99 2 14 39.82% YES
SPY 260515C00590000 590.00 100.77 107.68 111.19 1 13 33.38% YES
SPY 260515C00673000 673.00 30.28 36.21 39.64 5 12 21.52% YES
SPY 260515C00713000 713.00 13.41 12.84 12.9 3 11 15.55%
SPY 260515C00570000 570.00 122.65 126.45 129.96 3 10 36.55% YES
SPY 260515C00585000 585.00 109.82 112.34 115.79 1 9 34.09% YES
SPY 260515C00880000 880.00 0.04 0.03 0.05 0 9 16.85%
SPY 260515C00651000 651.00 46.55 53.73 57.05 16 8 24.49% YES
SPY 260515C00676000 676.00 34.89 34.38 36.98 4 7 20.81% YES
SPY 260515C00565000 565.00 131.95 131.19 134.69 1 7 37.34% YES
SPY 260515C00500000 500.00 194.39 194.04 197.4 5 5 48.75% YES
SPY 260515C00663000 663.00 45.76 44.05 47.15 5 5 22.70% YES
SPY 260515C00520000 520.00 170.02 174.66 177.95 1 5 45.09% YES
SPY 260515C00795000 795.00 0.25 0.28 0.3 849 5 12.94%
SPY 260515C00580000 580.00 120.74 117.02 120.47 1 4 34.87% YES
SPY 260515C00671000 671.00 37.9 38.01 40.78 3 4 21.51% YES
SPY 260515C00665000 665.00 42.5 42.53 45.54 1 3 22.41% YES
SPY 260515C00820000 820.00 0.11 0.11 0.13 1 3 13.75%
SPY 260515C00515000 515.00 177.51 179.51 182.8 1 3 45.99% YES
SPY 260515C00669000 669.00 38.22 39.48 42.39 1 3 21.84% YES
SPY 260515C00480000 480.00 220.77 213.57 216.92 2 3 52.51% YES
SPY 260515C00662000 662.00 48.63 44.97 48.13 3 3 22.98% YES
SPY 260515C00495000 495.00 199.81 198.92 202.28 1 3 49.69% YES
SPY 260515C00653000 653.00 51.88 52.13 55.34 2 3 24.16% YES
SPY 260515C00575000 575.00 120.71 121.72 125.24 3 3 35.74% YES
SPY 260515C00595000 595.00 95.6 103.04 106.49 0 2 32.54% YES
SPY 260515C00525000 525.00 162.32 169.81 173.11 2 2 44.21% YES
SPY 260515C00672000 672.00 40.46 37.24 40.04 0 2 21.39% YES
SPY 260515C00545000 545.00 154.18 150.29 153.81 2 2 40.70% YES
SPY 260515C00654000 654.00 53.48 51.28 54.58 1 2 24.07% YES
SPY 260515C00860000 860.00 0.06 0.04 0.06 0 1 15.67%
SPY 260515C00666000 666.00 46.4 41.76 44.75 0 1 22.27% YES
SPY 260515C00625000 625.00 76.27 76.15 79.36 1 1 28.15% YES
SPY 260515C00505000 505.00 182.5 189.23 192.53 0 1 47.82% YES
SPY 260515C00555000 555.00 144.45 140.71 144.21 0 1 38.99% YES
SPY 260515C00656000 656.00 50.6 49.69 52.93 0 1 23.78% YES
SPY 260515C00530000 530.00 169.99 164.98 168.27 0 1 43.31% YES
SPY 260515C00510000 510.00 188.66 184.37 187.64 2 1 46.86% YES
SPY 260515C00845000 845.00 0.08 0.06 0.07 0 1 14.80%
SPY 260515C00560000 560.00 139.78 135.94 139.45 0 1 38.17% YES
SPY 260515C00657000 657.00 51.91 48.92 51.99 3 0 23.55% YES
SPY 260515C00664000 664.00 44.15 43.28 46.36 2 0 22.57% YES

SPY Put Options Chain – 2026-05-15

The table below lists all put options on SPY expiring on 2026-05-15. Use it to track downside protection demand, hedge activity, and deep out-of-the-money puts that may indicate tail-risk hedging or speculation.

Contract Strike Last Bid Ask Volume Open Int. Implied Vol ITM
SPY 260515P00600000 600.00 5.07 5.06 5.1 921 9079 24.17%
SPY 260515P00595000 595.00 4.56 4.72 4.76 165 4867 24.68%
SPY 260515P00450000 450.00 1.01 0.99 1.01 358 3023 41.77%
SPY 260515P00650000 650.00 10.37 10.57 10.63 141 2651 19.02%
SPY 260515P00520000 520.00 1.88 1.89 1.92 15 2549 32.87%
SPY 260515P00590000 590.00 4.45 4.41 4.45 20 2201 25.20%
SPY 260515P00615000 615.00 6.34 6.26 6.31 143 1661 22.64%
SPY 260515P00625000 625.00 7.3 7.25 7.3 48 1612 21.62%
SPY 260515P00620000 620.00 6.53 6.74 6.79 50 1551 22.14%
SPY 260515P00575000 575.00 3.64 3.6 3.64 33 1512 26.75%
SPY 260515P00698000 698.00 22.92 23.4 23.49 4 1435 13.79% YES
SPY 260515P00675000 675.00 15.4 15.76 15.83 217 1401 16.33%
SPY 260515P00715000 715.00 31.14 30.29 33.44 4 1397 13.08% YES
SPY 260515P00550000 550.00 2.64 2.63 2.66 35 1358 29.41%
SPY 260515P00635000 635.00 8.47 8.42 8.47 45 1339 20.59%
SPY 260515P00666000 666.00 14.75 13.6 13.67 7 1319 17.30%
SPY 260515P00660000 660.00 12.15 12.36 12.43 81 1147 17.96%
SPY 260515P00690000 690.00 20.42 20.32 20.41 549 1103 14.68%
SPY 260515P00400000 400.00 0.63 0.62 0.64 51 971 48.46%
SPY 260515P00680000 680.00 16.8 17.13 17.21 109 952 15.78%
SPY 260515P00697000 697.00 29.06 22.98 23.08 2 929 13.91% YES
SPY 260515P00685000 685.00 18.58 18.64 18.73 100 831 15.23%
SPY 260515P00695000 695.00 21.72 22.18 22.28 101 627 14.13% YES
SPY 260515P00688000 688.00 19.7 19.63 19.72 115 589 14.90%
SPY 260515P00545000 545.00 2.5 2.48 2.51 485 587 29.97%
SPY 260515P00640000 640.00 9.09 9.07 9.13 32 545 20.07%
SPY 260515P00693000 693.00 20.68 21.42 21.51 31 524 14.35% YES
SPY 260515P00585000 585.00 4.16 4.12 4.15 7 505 25.70%
SPY 260515P00670000 670.00 14.52 14.51 14.59 188 495 16.88%
SPY 260515P00665000 665.00 12.84 13.39 13.46 66 481 17.42%
SPY 260515P00687000 687.00 19.82 19.29 19.38 24 477 15.01%
SPY 260515P00681000 681.00 24.54 17.42 17.5 40 461 15.67%
SPY 260515P00701000 701.00 32.01 24.68 24.78 1 451 13.46% YES
SPY 260515P00500000 500.00 1.58 1.56 1.58 68 421 35.32%
SPY 260515P00535000 535.00 2.23 2.22 2.24 2 412 31.09%
SPY 260515P00470000 470.00 1.23 1.18 1.2 34 343 39.12%
SPY 260515P00580000 580.00 3.89 3.85 3.89 35 334 26.23%
SPY 260515P00689000 689.00 20.06 19.97 20.06 58 329 14.79%
SPY 260515P00540000 540.00 2.34 2.34 2.37 15 302 30.53%
SPY 260515P00691000 691.00 20.23 20.68 20.77 33 302 14.57% YES
SPY 260515P00692000 692.00 20.52 21.04 21.14 8 279 14.46% YES
SPY 260515P00700000 700.00 25.03 24.25 24.34 19 273 13.57% YES
SPY 260515P00475000 475.00 1.28 1.24 1.26 4 260 38.50%
SPY 260515P00570000 570.00 3.41 3.38 3.41 14 253 27.27%
SPY 260515P00725000 725.00 38.35 36.54 39.79 1 252 12.09% YES
SPY 260515P00682000 682.00 18.15 17.71 17.8 8 251 15.56%
SPY 260515P00705000 705.00 31.4 25.29 27.75 1 249 13.83% YES
SPY 260515P00699000 699.00 27.74 23.82 23.91 1 218 13.68% YES
SPY 260515P00720000 720.00 37.42 33.25 36.54 5 217 12.63% YES
SPY 260515P00696000 696.00 23.01 22.58 22.67 7 208 14.01% YES
SPY 260515P00490000 490.00 1.44 1.42 1.44 7 207 36.57%
SPY 260515P00661000 661.00 17.23 12.56 12.62 1 205 17.84%
SPY 260515P00495000 495.00 1.51 1.48 1.51 7 198 35.95%
SPY 260515P00645000 645.00 9.8 9.79 9.85 44 197 19.55%
SPY 260515P00605000 605.00 5.49 5.43 5.47 141 196 23.66%
SPY 260515P00525000 525.00 2.09 1.99 2.02 305 183 32.28%
SPY 260515P00480000 480.00 1.37 1.3 1.31 1 178 37.82%
SPY 260515P00610000 610.00 5.77 5.83 5.87 507 172 23.15%
SPY 260515P00651000 651.00 12.31 10.74 10.8 3 155 18.92%
SPY 260515P00630000 630.00 7.85 7.81 7.86 24 154 21.11%
SPY 260515P00686000 686.00 19.9 18.96 19.05 32 151 15.12%
SPY 260515P00465000 465.00 1.12 1.13 1.15 3 141 39.78%
SPY 260515P00683000 683.00 17.93 18.02 18.1 19 132 15.45%
SPY 260515P00694000 694.00 22.3 21.8 21.89 2 127 14.24% YES
SPY 260515P00555000 555.00 2.76 2.8 2.83 61 127 28.88%
SPY 260515P00460000 460.00 1.06 1.08 1.1 317 123 40.43%
SPY 260515P00530000 530.00 2.18 2.1 2.13 310 122 31.70%
SPY 260515P00410000 410.00 0.7 0.68 0.7 17 118 47.08%
SPY 260515P00430000 430.00 0.86 0.82 0.84 3 117 44.39%
SPY 260515P00653000 653.00 15.26 11.07 11.14 1 115 18.70%
SPY 260515P00702000 702.00 32.26 25.13 25.23 1 103 13.35% YES
SPY 260515P00677000 677.00 16.04 16.29 16.37 12 95 16.11%
SPY 260515P00684000 684.00 18.65 18.33 18.41 38 90 15.34%
SPY 260515P00560000 560.00 3 2.97 3.01 30 86 28.34%
SPY 260515P00676000 676.00 21.75 16.02 16.1 9 78 16.22%
SPY 260515P00655000 655.00 11.33 11.43 11.49 48 76 18.49%
SPY 260515P00652000 652.00 11.81 10.9 10.97 9 62 18.81%
SPY 260515P00515000 515.00 1.85 1.8 1.82 31 61 33.45%
SPY 260515P00455000 455.00 1.19 1.03 1.05 5 61 41.08%
SPY 260515P00445000 445.00 1.27 0.94 0.96 16 61 42.38%
SPY 260515P00485000 485.00 1.41 1.36 1.38 5 59 37.23%
SPY 260515P00710000 710.00 32.14 27.68 30.52 1 56 13.49% YES
SPY 260515P00420000 420.00 0.78 0.75 0.77 1 48 45.75%
SPY 260515P00679000 679.00 17.53 16.84 16.92 16 44 15.89%
SPY 260515P00405000 405.00 0.83 0.65 0.67 1 43 47.78%
SPY 260515P00658000 658.00 13.2 11.98 12.04 1 34 18.17%
SPY 260515P00440000 440.00 0.95 0.9 0.92 6 34 43.07%
SPY 260515P00678000 678.00 16.72 16.56 16.64 3 25 16.00%
SPY 260515P00415000 415.00 0.8 0.71 0.73 5 24 46.39%
SPY 260515P00656000 656.00 15.98 11.61 11.67 1 24 18.38%
SPY 260515P00663000 663.00 17.8 12.97 13.03 1 22 17.63%
SPY 260515P00654000 654.00 11.77 11.25 11.31 2 18 18.59%
SPY 260515P00565000 565.00 3.18 3.17 3.2 6 17 27.80%
SPY 260515P00669000 669.00 19.46 14.28 14.35 8 17 16.98%
SPY 260515P00510000 510.00 1.72 1.71 1.74 1 15 34.09%
SPY 260515P00505000 505.00 1.63 1.63 1.65 39 15 34.67%
SPY 260515P00425000 425.00 1.02 0.78 0.8 1 15 45.03%
SPY 260515P00674000 674.00 21.06 15.5 15.57 4 14 16.43%
SPY 260515P00662000 662.00 12.38 12.76 12.83 2 13 17.74%
SPY 260515P00673000 673.00 20.74 15.24 15.32 1 13 16.55%
SPY 260515P00672000 672.00 15.01 15 15.07 1 11 16.66%
SPY 260515P00659000 659.00 16.73 12.17 12.23 3 10 18.06%
SPY 260515P00668000 668.00 13.66 14.05 14.12 18 10 17.09%
SPY 260515P00435000 435.00 1.21 0.86 0.88 0 9 43.73%
SPY 260515P00667000 667.00 13.4 13.83 13.9 2 6 17.20%
SPY 260515P00664000 664.00 18.07 13.17 13.24 0 5 17.52%
SPY 260515P00657000 657.00 11.79 11.79 11.85 2 5 18.27%
SPY 260515P00671000 671.00 14.38 14.75 14.83 2 5 16.77%
SPY 260515P00703000 703.00 25.78 25.59 25.69 1 4 13.24% YES
SPY 260515P00785000 785.00 91.74 92.78 96.09 2 3 16.42% YES
SPY 260515P00730000 730.00 45.98 40.2 43.47 1 3 11.72% YES
SPY 260515P00740000 740.00 46.95 48.49 51.92 1 3 11.56% YES
SPY 260515P00770000 770.00 81.1 77.78 81.29 2 2 14.88% YES
SPY 260515P00707000 707.00 28.25 25.78 29.29 0 2 14.03% YES
SPY 260515P00714000 714.00 29.43 29.7 32.83 0 2 13.16% YES
SPY 260515P00711000 711.00 28.55 28.17 31.02 0 1 13.35% YES
SPY 260515P00795000 795.00 105.52 102.78 106.29 6 0 18.08% YES
SPY 260515P00790000 790.00 96.76 97.78 101.15 2 0 17.16% YES
SPY 260515P00750000 750.00 57.6 57.81 61.32 12 0 12.18% YES
SPY 260515P00765000 765.00 85.8 72.78 76.28 1 0 14.20% YES
SPY 260515P00800000 800.00 110.54 107.78 111.29 3 0 18.69% YES
SPY 260515P00706000 706.00 27.43 25.76 28.29 2 0 13.77% YES
SPY 260515P00708000 708.00 28.8 26.28 29.79 4 0 13.92% YES
SPY 260515P00775000 775.00 87.59 82.78 86.29 0 0 15.54% YES

SPY 2026-05-15 Options Chain FAQ

1. What does this SPY options chain for 2026-05-15 show?

This page displays the full SPY options chain for contracts expiring on 2026-05-15. Both call and put tables include contract symbols, last trade price, bid/ask quotes, daily change and percentage change, trading volume, open interest, implied volatility, and an in-the-money (ITM) flag. It is designed to give you a complete snapshot of how the market is pricing risk and direction for this specific expiry.

2. How can I use this SPY options chain around key events?

Around earnings, macro data releases, or company-specific news, traders often focus on a single expiration such as 2026-05-15. By monitoring changes in implied volatility, volume, and open interest for each strike, you can see where traders are concentrating their bets and hedges. Large shifts in activity on out-of-the-money calls or puts can be early signs of expected volatility or directional moves in SPY.

3. What is the difference between in-the-money and out-of-the-money options here?

The ITM column highlights whether a contract is currently in-the-money for SPY: call options are ITM when their strike is below the current stock price, while put options are ITM when their strike is above the current stock price. ITM contracts have intrinsic value, while out-of-the-money options are purely time and volatility value. This distinction helps you quickly identify which strikes are already “in the money” for this expiry.

4. How should I read implied volatility (IV) in this SPY options table?

Implied volatility reflects how much movement the market expects for SPY between now and 2026-05-15. Higher IV typically means options are more expensive and the market is pricing in larger potential moves. You can compare IV across strikes and between calls and puts to identify skew – for example, expensive downside puts may indicate demand for crash protection, while rich upside calls can signal speculative interest.

5. Can this single-expiry chain replace a full multi-expiry options overview?

No. This 2026-05-15 options chain gives a granular view for one maturity only. For a complete picture of positioning in SPY, you should also review the multi-expiry options overview where you can compare put/call ratios, total open interest and volume across different expiration dates. Combining both perspectives helps you understand whether traders are focused on very short-term moves or longer-dated themes.

6. How often is this SPY options chain for 2026-05-15 updated?

The SPY options data on this page is refreshed regularly during market hours to reflect the latest trades, mid-market quotes, and open interest updates. Intraday changes in volume, open interest, and implied volatility can provide important signals about how sentiment and risk pricing are evolving as 2026-05-15 approaches.