State Street SPDR Portfolio S&P 500 ETF (SPYM) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

State Street SPDR Portfolio S&P 500 ETF (SPYM) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $4.8M, listed on AMEX, carrying a beta of 1.01 to the broader market. The State Street SPDR Portfolio S&P 500 ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Index (the "Index")A low-cost ETF that seeks to offer precise, comprehensive exposure to the US large cap market segmentThe Index represents approximately 80% of the US marketOne of the low-cost core State Street SPDR Portfolio ETFs, a suite of portfolio building blocks designed to provide broad, diversified exposure to core asset classes Led by Gary L. French, public since 2005-11-15.

Snapshot as of May 15, 2026.

Spot Price
$87.10
Total OI
38.4K
Total Volume
2.8K
Front Expiration
34 days
Second Expiration
63 days
ATM IV
15.6%
Avg Bid/Ask Spread
46.41%

As of May 15, 2026, State Street SPDR Portfolio S&P 500 ETF (SPYM) has 38.4K open contracts and 2.8K contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 15.6%. Average bid/ask spread across the chain is 46.41%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How SPYM options chain Data Feeds Strategy Selection

Strategy selection on State Street SPDR Portfolio S&P 500 ETF options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 15.6% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain 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 the options chain is reported and how to read the data →

Frequently asked SPYM options chain questions

What does the SPYM options chain show right now?
As of May 15, 2026, State Street SPDR Portfolio S&P 500 ETF (SPYM) has 38.4K contracts outstanding and 2.8K traded today, with ATM IV of 15.6%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for SPYM options?
The nearest expiration is 34 days out, followed by 63 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are SPYM options bid/ask spreads?
Average bid/ask spread across the chain is 46.41%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.