Detailed SPY options chain for 2026-08-21 – 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.
This page focuses on a single options expiration date for SPY – 2026-08-21 – 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 2026-08-21.
This SPY 2026-08-21 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.
The table below shows all call options on SPY expiring on 2026-08-21. 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 260821C00745000 | 745.00 | 3.01 | 2.94 | 2.99 | 29 | 6305 | 15.04% | |
| SPY 260821C00690000 | 690.00 | 19.85 | 19.8 | 19.86 | 226 | 4208 | 19.76% | |
| SPY 260821C00730000 | 730.00 | 5.45 | 5.44 | 5.5 | 112 | 3120 | 15.97% | |
| SPY 260821C00985000 | 985.00 | 0.03 | 0.01 | 0.04 | 3 | 2600 | 21.09% | |
| SPY 260821C00735000 | 735.00 | 4.46 | 4.46 | 4.51 | 24 | 2548 | 15.62% | |
| SPY 260821C00980000 | 980.00 | 0.02 | 0.01 | 0.04 | 1 | 2497 | 20.80% | |
| SPY 260821C00740000 | 740.00 | 3.78 | 3.63 | 3.68 | 11 | 2326 | 15.31% | |
| SPY 260821C00810000 | 810.00 | 0.29 | 0.25 | 0.27 | 15 | 2077 | 14.45% | |
| SPY 260821C00680000 | 680.00 | 25.88 | 25.09 | 25.16 | 18 | 1914 | 20.88% | |
| SPY 260821C00710000 | 710.00 | 11.65 | 11.16 | 11.22 | 28 | 1839 | 17.68% | |
| SPY 260821C00860000 | 860.00 | 0.1 | 0.09 | 0.1 | 150 | 1755 | 15.99% | |
| SPY 260821C00700000 | 700.00 | 15.21 | 15.13 | 15.19 | 163 | 1529 | 18.69% | |
| SPY 260821C00800000 | 800.00 | 0.37 | 0.34 | 0.36 | 1 | 1384 | 14.27% | |
| SPY 260821C00695000 | 695.00 | 17.38 | 17.38 | 17.45 | 10 | 1369 | 19.22% | |
| SPY 260821C00670000 | 670.00 | 30.97 | 30.9 | 30.97 | 210 | 1364 | 22.00% | |
| SPY 260821C00720000 | 720.00 | 7.89 | 7.93 | 7.99 | 159 | 1315 | 16.76% | |
| SPY 260821C00705000 | 705.00 | 13.71 | 13.05 | 13.12 | 1 | 1298 | 18.18% | |
| SPY 260821C00940000 | 940.00 | 0.04 | 0.03 | 0.05 | 300 | 1270 | 19.24% | |
| SPY 260821C00750000 | 750.00 | 2.57 | 2.38 | 2.42 | 54 | 1246 | 14.80% | |
| SPY 260821C00805000 | 805.00 | 0.36 | 0.29 | 0.31 | 758 | 1180 | 14.36% | |
| SPY 260821C00685000 | 685.00 | 21.66 | 22.37 | 22.44 | 1 | 1138 | 20.32% | |
| SPY 260821C00675000 | 675.00 | 27.97 | 27.93 | 28.01 | 65 | 1084 | 21.44% | |
| SPY 260821C00850000 | 850.00 | 0.12 | 0.09 | 0.12 | 1 | 1060 | 15.70% | |
| SPY 260821C00715000 | 715.00 | 9.47 | 9.45 | 9.51 | 6 | 768 | 17.21% | |
| SPY 260821C00725000 | 725.00 | 6.95 | 6.6 | 6.66 | 26 | 748 | 16.35% | |
| SPY 260821C00760000 | 760.00 | 1.69 | 1.55 | 1.59 | 16 | 723 | 14.45% | |
| SPY 260821C00790000 | 790.00 | 0.52 | 0.48 | 0.5 | 1 | 717 | 14.17% | |
| SPY 260821C00780000 | 780.00 | 0.75 | 0.69 | 0.72 | 17 | 713 | 14.17% | |
| SPY 260821C00665000 | 665.00 | 33.67 | 33.96 | 34.04 | 11 | 709 | 22.56% | |
| SPY 260821C00825000 | 825.00 | 0.19 | 0.17 | 0.19 | 6 | 700 | 14.87% | |
| SPY 260821C00815000 | 815.00 | 0.23 | 0.22 | 0.24 | 1 | 687 | 14.60% | |
| SPY 260821C00630000 | 630.00 | 59.07 | 56.65 | 59.67 | 69 | 624 | 27.47% | YES |
| SPY 260821C00965000 | 965.00 | 0.04 | 0.02 | 0.04 | 559 | 559 | 20.12% | |
| SPY 260821C00765000 | 765.00 | 1.34 | 1.25 | 1.29 | 20 | 547 | 14.33% | |
| SPY 260821C00775000 | 775.00 | 0.95 | 0.83 | 0.87 | 1 | 531 | 14.20% | |
| SPY 260821C00755000 | 755.00 | 1.95 | 1.92 | 1.96 | 18 | 529 | 14.61% | |
| SPY 260821C00640000 | 640.00 | 51.65 | 49.96 | 51.65 | 456 | 511 | 25.87% | YES |
| SPY 260821C00655000 | 655.00 | 40.7 | 39.34 | 41.91 | 669 | 459 | 24.54% | YES |
| SPY 260821C00975000 | 975.00 | 0.03 | 0.02 | 0.04 | 1 | 456 | 20.61% | |
| SPY 260821C00785000 | 785.00 | 0.64 | 0.57 | 0.6 | 1 | 421 | 14.17% | |
| SPY 260821C00835000 | 835.00 | 0.2 | 0.13 | 0.15 | 117 | 417 | 15.11% | |
| SPY 260821C00970000 | 970.00 | 0.04 | 0.02 | 0.04 | 0 | 401 | 20.36% | |
| SPY 260821C00900000 | 900.00 | 0.08 | 0.04 | 0.07 | 75 | 394 | 17.73% | |
| SPY 260821C00820000 | 820.00 | 0.21 | 0.19 | 0.21 | 100 | 375 | 14.70% | |
| SPY 260821C00950000 | 950.00 | 0.04 | 0.02 | 0.05 | 1 | 374 | 19.78% | |
| SPY 260821C00660000 | 660.00 | 37.5 | 35.43 | 38.94 | 40 | 372 | 24.16% | |
| SPY 260821C01000000 | 1000.00 | 0.03 | 0.01 | 0.04 | 3 | 356 | 21.78% | |
| SPY 260821C00945000 | 945.00 | 0.04 | 0.02 | 0.05 | 100 | 350 | 19.53% | |
| SPY 260821C00795000 | 795.00 | 0.47 | 0.4 | 0.42 | 1 | 346 | 14.20% | |
| SPY 260821C00770000 | 770.00 | 1.09 | 1.02 | 1.05 | 1 | 339 | 14.23% | |
| SPY 260821C00840000 | 840.00 | 0.4 | 0.12 | 0.14 | 0 | 300 | 15.33% | |
| SPY 260821C00610000 | 610.00 | 72.69 | 71.9 | 74.83 | 5 | 286 | 29.67% | YES |
| SPY 260821C00955000 | 955.00 | 0.05 | 0.02 | 0.05 | 3 | 280 | 20.02% | |
| SPY 260821C00650000 | 650.00 | 43.59 | 42.84 | 45.3 | 204 | 258 | 25.12% | YES |
| SPY 260821C00930000 | 930.00 | 0.05 | 0.03 | 0.05 | 0 | 255 | 18.75% | |
| SPY 260821C00880000 | 880.00 | 0.08 | 0.06 | 0.08 | 62 | 198 | 16.80% | |
| SPY 260821C00905000 | 905.00 | 0.06 | 0.04 | 0.06 | 1 | 186 | 17.73% | |
| SPY 260821C00870000 | 870.00 | 0.16 | 0.07 | 0.09 | 50 | 138 | 16.41% | |
| SPY 260821C00625000 | 625.00 | 63.75 | 59.85 | 63.37 | 1 | 128 | 28.01% | YES |
| SPY 260821C00890000 | 890.00 | 0.07 | 0.05 | 0.07 | 4 | 106 | 17.14% | |
| SPY 260821C00830000 | 830.00 | 0.17 | 0.15 | 0.17 | 1 | 102 | 15.00% | |
| SPY 260821C00995000 | 995.00 | 0.03 | 0.01 | 0.04 | 0 | 100 | 21.58% | |
| SPY 260821C00910000 | 910.00 | 0.06 | 0.04 | 0.06 | 0 | 100 | 17.97% | |
| SPY 260821C00635000 | 635.00 | 54.69 | 52.97 | 56.04 | 1 | 79 | 26.92% | YES |
| SPY 260821C00620000 | 620.00 | 66.23 | 63.62 | 67.14 | 3 | 42 | 28.57% | YES |
| SPY 260821C00915000 | 915.00 | 0.09 | 0.04 | 0.06 | 0 | 40 | 18.26% | |
| SPY 260821C00600000 | 600.00 | 80.83 | 79.23 | 82.75 | 7 | 36 | 30.78% | YES |
| SPY 260821C00645000 | 645.00 | 48.22 | 45.47 | 48.81 | 1 | 35 | 25.72% | YES |
| SPY 260821C00550000 | 550.00 | 121.3 | 121.53 | 125.05 | 1 | 33 | 36.72% | YES |
| SPY 260821C00515000 | 515.00 | 158.61 | 153.34 | 156.69 | 25 | 31 | 41.43% | YES |
| SPY 260821C00555000 | 555.00 | 117.86 | 117.12 | 120.64 | 3 | 21 | 36.08% | YES |
| SPY 260821C00575000 | 575.00 | 101.81 | 99.97 | 103.39 | 2 | 19 | 33.66% | YES |
| SPY 260821C00545000 | 545.00 | 125.61 | 126.13 | 129.49 | 3 | 18 | 37.36% | YES |
| SPY 260821C00565000 | 565.00 | 118 | 108.43 | 111.94 | 2 | 18 | 34.85% | YES |
| SPY 260821C00590000 | 590.00 | 89.6 | 87.35 | 90.87 | 6 | 15 | 31.91% | YES |
| SPY 260821C00500000 | 500.00 | 169.63 | 167.06 | 170.58 | 1 | 15 | 43.59% | YES |
| SPY 260821C00570000 | 570.00 | 109.48 | 104.15 | 107.65 | 7 | 14 | 34.25% | YES |
| SPY 260821C00615000 | 615.00 | 69.7 | 67.44 | 70.96 | 5 | 9 | 29.12% | YES |
| SPY 260821C00475000 | 475.00 | 214.64 | 190.55 | 194.06 | 6 | 8 | 47.41% | YES |
| SPY 260821C00510000 | 510.00 | 181.95 | 157.78 | 161.3 | 0 | 8 | 42.14% | YES |
| SPY 260821C00935000 | 935.00 | 0.06 | 0.03 | 0.05 | 0 | 7 | 18.99% | |
| SPY 260821C00585000 | 585.00 | 91.67 | 91.87 | 95 | 4 | 7 | 32.49% | YES |
| SPY 260821C00560000 | 560.00 | 107.8 | 112.75 | 116.27 | 4 | 6 | 35.46% | YES |
| SPY 260821C00990000 | 990.00 | 0.03 | 0.01 | 0.04 | 1 | 6 | 21.29% | |
| SPY 260821C00495000 | 495.00 | 184.78 | 171.73 | 175.25 | 0 | 6 | 44.34% | YES |
| SPY 260821C00605000 | 605.00 | 93.33 | 75.24 | 78.76 | 0 | 4 | 30.22% | YES |
| SPY 260821C00530000 | 530.00 | 138.5 | 139.45 | 142.97 | 2 | 4 | 39.34% | YES |
| SPY 260821C00520000 | 520.00 | 146.85 | 148.57 | 152.09 | 2 | 4 | 40.72% | YES |
| SPY 260821C00505000 | 505.00 | 163.52 | 162.42 | 165.93 | 0 | 3 | 42.86% | YES |
| SPY 260821C00535000 | 535.00 | 137.92 | 134.93 | 138.45 | 2 | 3 | 38.67% | YES |
| SPY 260821C00445000 | 445.00 | 238.46 | 219.1 | 222.61 | 5 | 3 | 52.29% | YES |
| SPY 260821C00580000 | 580.00 | 109.37 | 95.8 | 99.17 | 1 | 3 | 33.07% | YES |
| SPY 260821C00480000 | 480.00 | 183.63 | 185.82 | 189.34 | 1 | 3 | 46.63% | YES |
| SPY 260821C00400000 | 400.00 | 295.07 | 262.39 | 265.91 | 2 | 2 | 56.92% | YES |
| SPY 260821C00595000 | 595.00 | 87.28 | 83.27 | 86.79 | 1 | 2 | 31.35% | YES |
| SPY 260821C00465000 | 465.00 | 214.52 | 200.02 | 203.54 | 0 | 1 | 49.00% | YES |
| SPY 260821C00960000 | 960.00 | 0.04 | 0.02 | 0.04 | 0 | 1 | 19.87% | |
| SPY 260821C00460000 | 460.00 | 217.61 | 204.77 | 208.29 | 0 | 1 | 49.81% | YES |
| SPY 260821C00485000 | 485.00 | 218.46 | 181.11 | 184.63 | 1 | 1 | 45.86% | YES |
| SPY 260821C00420000 | 420.00 | 277 | 243.1 | 246.61 | 0 | 1 | 53.62% | YES |
The table below lists all put options on SPY expiring on 2026-08-21. 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 260821P00620000 | 620.00 | 20.07 | 20.29 | 20.38 | 68 | 9914 | 22.04% | |
| SPY 260821P00540000 | 540.00 | 8.15 | 8.1 | 8.15 | 10 | 8739 | 28.93% | |
| SPY 260821P00630000 | 630.00 | 23 | 22.75 | 22.85 | 178 | 4976 | 21.14% | |
| SPY 260821P00690000 | 690.00 | 44.78 | 43.34 | 46.86 | 1 | 3811 | 15.81% | YES |
| SPY 260821P00600000 | 600.00 | 16.16 | 16.1 | 16.18 | 45 | 2688 | 23.78% | |
| SPY 260821P00680000 | 680.00 | 39.89 | 40.13 | 40.25 | 5 | 2287 | 15.92% | YES |
| SPY 260821P00635000 | 635.00 | 23.68 | 24.09 | 24.18 | 11 | 1638 | 20.66% | |
| SPY 260821P00615000 | 615.00 | 18.92 | 19.16 | 19.24 | 30 | 1607 | 22.48% | |
| SPY 260821P00670000 | 670.00 | 36.1 | 35.81 | 35.93 | 7 | 1550 | 17.09% | YES |
| SPY 260821P00400000 | 400.00 | 2.3 | 2.28 | 2.31 | 9 | 1549 | 44.28% | |
| SPY 260821P00660000 | 660.00 | 32.3 | 31.97 | 32.08 | 59 | 1271 | 18.17% | YES |
| SPY 260821P00610000 | 610.00 | 18.06 | 18.08 | 18.17 | 81 | 1256 | 22.93% | |
| SPY 260821P00575000 | 575.00 | 11.95 | 12.04 | 12.11 | 6 | 1066 | 25.90% | |
| SPY 260821P00625000 | 625.00 | 21.72 | 21.49 | 21.58 | 27 | 1026 | 21.59% | |
| SPY 260821P00505000 | 505.00 | 5.93 | 5.61 | 5.66 | 1 | 995 | 32.24% | |
| SPY 260821P00685000 | 685.00 | 42.26 | 40.79 | 44.3 | 1 | 961 | 16.38% | YES |
| SPY 260821P00580000 | 580.00 | 13.12 | 12.77 | 12.83 | 6 | 949 | 25.48% | |
| SPY 260821P00480000 | 480.00 | 5.08 | 4.41 | 4.45 | 6 | 916 | 34.80% | |
| SPY 260821P00665000 | 665.00 | 33.1 | 33.83 | 33.95 | 9 | 835 | 17.64% | YES |
| SPY 260821P00655000 | 655.00 | 30.3 | 30.21 | 30.32 | 29 | 823 | 18.69% | |
| SPY 260821P00675000 | 675.00 | 38.23 | 37.9 | 38.02 | 87 | 775 | 16.51% | YES |
| SPY 260821P00550000 | 550.00 | 9.1 | 9.05 | 9.11 | 3 | 771 | 28.05% | |
| SPY 260821P00650000 | 650.00 | 28.48 | 28.56 | 28.66 | 29 | 764 | 19.21% | |
| SPY 260821P00495000 | 495.00 | 5.44 | 5.09 | 5.13 | 31 | 711 | 33.24% | |
| SPY 260821P00645000 | 645.00 | 27.42 | 26.98 | 27.09 | 7 | 682 | 19.71% | |
| SPY 260821P00730000 | 730.00 | 73.45 | 71.87 | 75.38 | 1 | 668 | 12.27% | YES |
| SPY 260821P00530000 | 530.00 | 7.53 | 7.27 | 7.32 | 4 | 628 | 29.84% | |
| SPY 260821P00485000 | 485.00 | 4.75 | 4.62 | 4.67 | 1 | 609 | 34.28% | |
| SPY 260821P00570000 | 570.00 | 11.85 | 11.37 | 11.43 | 4 | 603 | 26.32% | |
| SPY 260821P00500000 | 500.00 | 5.87 | 5.34 | 5.39 | 19 | 508 | 32.75% | |
| SPY 260821P00545000 | 545.00 | 8.51 | 8.56 | 8.61 | 1 | 481 | 28.48% | |
| SPY 260821P00640000 | 640.00 | 25.42 | 25.5 | 25.6 | 21 | 473 | 20.19% | |
| SPY 260821P00560000 | 560.00 | 10 | 10.13 | 10.19 | 5 | 461 | 27.17% | |
| SPY 260821P00605000 | 605.00 | 16.52 | 17.07 | 17.15 | 1 | 448 | 23.36% | |
| SPY 260821P00510000 | 510.00 | 5.54 | 5.9 | 5.95 | 111 | 392 | 31.75% | |
| SPY 260821P00490000 | 490.00 | 4.87 | 4.85 | 4.89 | 2 | 360 | 33.76% | |
| SPY 260821P00470000 | 470.00 | 3.85 | 4.03 | 4.07 | 64 | 330 | 35.89% | |
| SPY 260821P00460000 | 460.00 | 3.95 | 3.68 | 3.72 | 3 | 322 | 36.98% | |
| SPY 260821P00525000 | 525.00 | 6.95 | 6.89 | 6.95 | 157 | 315 | 30.32% | |
| SPY 260821P00465000 | 465.00 | 4.12 | 3.85 | 3.89 | 1 | 294 | 36.43% | |
| SPY 260821P00450000 | 450.00 | 3.16 | 3.38 | 3.42 | 2 | 286 | 38.12% | |
| SPY 260821P00535000 | 535.00 | 8.25 | 7.67 | 7.72 | 1 | 266 | 29.38% | |
| SPY 260821P00695000 | 695.00 | 46.43 | 46.08 | 49.6 | 1 | 261 | 15.23% | YES |
| SPY 260821P00565000 | 565.00 | 10.87 | 10.73 | 10.79 | 6 | 251 | 26.74% | |
| SPY 260821P00435000 | 435.00 | 3.18 | 2.99 | 3.03 | 3 | 248 | 39.91% | |
| SPY 260821P00700000 | 700.00 | 50.62 | 49.44 | 52.55 | 3 | 237 | 14.67% | YES |
| SPY 260821P00410000 | 410.00 | 2.6 | 2.46 | 2.49 | 2 | 225 | 42.99% | |
| SPY 260821P00515000 | 515.00 | 5.83 | 6.21 | 6.26 | 1 | 225 | 31.26% | |
| SPY 260821P00420000 | 420.00 | 2.68 | 2.66 | 2.69 | 2 | 221 | 41.74% | |
| SPY 260821P00720000 | 720.00 | 63.84 | 63.22 | 66.73 | 2 | 215 | 12.68% | YES |
| SPY 260821P00595000 | 595.00 | 14.67 | 15.2 | 15.27 | 1 | 192 | 24.21% | |
| SPY 260821P00455000 | 455.00 | 3.57 | 3.53 | 3.57 | 3 | 185 | 37.56% | |
| SPY 260821P00475000 | 475.00 | 4.81 | 4.21 | 4.25 | 1 | 172 | 35.33% | |
| SPY 260821P00445000 | 445.00 | 3.34 | 3.25 | 3.28 | 3 | 155 | 38.70% | |
| SPY 260821P00425000 | 425.00 | 2.79 | 2.76 | 2.79 | 1 | 155 | 41.10% | |
| SPY 260821P00725000 | 725.00 | 48.89 | 67.41 | 70.92 | 1 | 152 | 12.38% | YES |
| SPY 260821P00585000 | 585.00 | 14.02 | 13.53 | 13.6 | 11 | 151 | 25.06% | |
| SPY 260821P00360000 | 360.00 | 1.69 | 1.69 | 1.71 | 4 | 144 | 49.66% | |
| SPY 260821P00520000 | 520.00 | 6.58 | 6.54 | 6.59 | 1 | 138 | 30.78% | |
| SPY 260821P00590000 | 590.00 | 14.7 | 14.34 | 14.41 | 160 | 136 | 24.64% | |
| SPY 260821P00705000 | 705.00 | 49.34 | 52.54 | 55.72 | 1 | 133 | 14.11% | YES |
| SPY 260821P00440000 | 440.00 | 3.74 | 3.11 | 3.15 | 65 | 120 | 39.30% | |
| SPY 260821P00555000 | 555.00 | 9.6 | 9.57 | 9.63 | 1 | 116 | 27.60% | |
| SPY 260821P00430000 | 430.00 | 2.9 | 2.87 | 2.91 | 2 | 107 | 40.51% | |
| SPY 260821P00710000 | 710.00 | 56.23 | 55.61 | 59.07 | 1 | 90 | 13.53% | YES |
| SPY 260821P00370000 | 370.00 | 1.94 | 1.82 | 1.84 | 60 | 62 | 48.26% | |
| SPY 260821P00715000 | 715.00 | 50.96 | 59.28 | 62.78 | 1 | 44 | 13.08% | YES |
| SPY 260821P00735000 | 735.00 | 78.57 | 76.65 | 80.16 | 2 | 37 | 12.52% | YES |
| SPY 260821P00740000 | 740.00 | 83.55 | 81.57 | 85.09 | 2 | 19 | 12.96% | YES |
| SPY 260821P00745000 | 745.00 | 87.93 | 86.57 | 90.08 | 25 | 13 | 13.49% | YES |
| SPY 260821P00365000 | 365.00 | 1.93 | 1.75 | 1.77 | 3 | 6 | 48.94% | |
| SPY 260821P00415000 | 415.00 | 2.53 | 2.56 | 2.59 | 2 | 5 | 42.37% | |
| SPY 260821P00760000 | 760.00 | 76.41 | 101.57 | 105.08 | 0 | 4 | 15.08% | YES |
| SPY 260821P00390000 | 390.00 | 2.26 | 2.12 | 2.14 | 1 | 4 | 45.58% | |
| SPY 260821P00380000 | 380.00 | 2.14 | 1.96 | 1.99 | 1 | 2 | 46.94% | |
| SPY 260821P00750000 | 750.00 | 73.73 | 91.57 | 95.08 | 1 | 0 | 14.03% | YES |
This page displays the full SPY options chain for contracts expiring on 2026-08-21. 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.
Around earnings, macro data releases, or company-specific news, traders often focus on a single expiration such as 2026-08-21. 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.
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.
Implied volatility reflects how much movement the market expects for SPY between now and 2026-08-21. 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.
No. This 2026-08-21 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.
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 2026-08-21 approaches.
