SPY expected move

How far SPY options expect the stock to move by each expiration, from implied volatility.

• SPY options traded $488.04M in premium on 2026-11-02: $253.55M in calls and $234.50M in puts, a net bullish lean of $42.14M.
• Put/call ratio 0.92.
• Options price a move of about ±$6.06 by 2026-11-02.
• Max pain for 2026-11-02 is $765.0.

Updated 2026-11-02 17:54 UTC