State Street SPDR S&P Dividend ETF (SDY) Open Interest History

Open interest tracks the total number of outstanding options contracts. Rising OI alongside price moves can indicate growing commitment to the trend; declining OI suggests positions are being closed.

State Street SPDR S&P Dividend ETF (SDY) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $21.85B, listed on AMEX, carrying a beta of 0.65 to the broader market. The State Street SPDR S&P Dividend ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P High Yield Dividend AristocratsTM Index (the "Index")The Index screens for companies that have consistently increased their dividend for at least 20 consecutive years, and weights the stocks by yieldDue to the index screen for 20 years of consecutively raising dividends, stocks included in the Index have both capital growth and dividend income characteristics, as opposed to stocks that are pure yield public since 2005-11-15.

Snapshot as of May 15, 2026.

Spot Price
$146.30
Call OI
859
Put OI
991
Total OI
1.9K
Put/Call Ratio
0.12

As of May 15, 2026, State Street SPDR S&P Dividend ETF (SDY) has 1.9K total contracts outstanding across all expirations. Put/call OI ratio is 1.15 (balanced positioning). Open interest reflects accumulated positions from prior sessions; persistent growth indicates sustained directional or hedging interest, while sharp drops typically mean post-expiration clean-up.

How SDY open interest history Data Feeds Strategy Selection

Strategy selection on State Street SPDR S&P Dividend ETF options does not derive from any single metric in isolation. The open interest history view above sits inside a broader read: ATM IV currently sits at 13.9% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the open interest history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how open interest is reported and how to read the data →

Frequently asked SDY open interest history questions

What is the current SDY options open interest?
As of May 15, 2026, State Street SPDR S&P Dividend ETF (SDY) has 1.9K total contracts outstanding across all listed expirations, split as 859 calls and 991 puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.
What is the SDY put/call open interest ratio?
Put/call OI ratio of 1.15 is balanced.
What does SDY open interest tell traders?
Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.