Investors seem to be missing or misunderstanding the key details of Nvidia’s long-term strategy. We can see this in the stock's performance. Nvidia (NVDA) stock is up 5.94% year to date at the time of writing, Thursday morning, July 2. Meanwhile, the SPDR S&P 500 index (SPY) is…
State Street SPDR S&P 500 ETF Trust(SPY · ETF)
ETF quote, holdings, sector allocation, technicals, and options analytics.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
SPY
$752.39
—
Snapshot
$752.39
- 52-Week Range
- $69.00 – $760.40
- YTD
- +10.13%
- IV Rank (30D)
- 37.87
- Straddle Price
- $23.05
- P/C Vol Ratio
- 0.97
Info
State Street SPDR S&P 500 ETF Trust (SPY) ETF
- Exchange
- ARCX
- Inception
- 1993-01-22
- Has Options
- Yes
ETF Profile
holdings as of 2026-07-16
Holdings
504
AUM
$790.1B
Provider
SPDR (State Street)
Inception
1993-01-22
Exchange
ARCX
Data As Of
2026-07-16
Expense Ratio
0.09%
Dividend Yield
1.01%
Distribution
Quarterly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-06-18 | 2026-07-31 | $1.9035 | CD |
| 2026-03-20 | 2026-04-30 | $1.7970 | CD |
| 2025-12-19 | 2026-01-30 | $1.9934 | CD |
| 2025-09-19 | 2025-10-31 | $1.8311 | CD |
| 2025-06-20 | 2025-07-31 | $1.7611 | CD |
| 2025-03-21 | 2025-04-30 | $1.6955 | CD |
Asset Allocation
Top Holdings
top 50 of 504 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| NVDA | NVIDIA CORP | 7.75% | Equity (US) | — |
| AAPL | APPLE INC | 7.55% | Equity (US) | — |
| MSFT | MICROSOFT CORP | 4.60% | Equity (US) | — |
| AMZN | AMAZON.COM INC | 3.78% | Equity (US) | — |
| GOOGL | ALPHABET INC CL A | 3.21% | Equity (US) | — |
| AVGO | BROADCOM INC | 2.74% | Equity (US) | — |
| GOOG | ALPHABET INC CL C | 2.58% | Equity (US) | — |
| META | META PLATFORMS INC CLASS A | 2.25% | Equity (US) | — |
| TSLA | TESLA INC | 1.70% | Equity (US) | — |
| MU | MICRON TECHNOLOGY INC | 1.49% | Equity (US) | — |
| LLY | ELI LILLY + CO | 1.43% | Equity (US) | — |
| JPM | JPMORGAN CHASE + CO | 1.42% | Equity (US) | — |
| BRK.B | BERKSHIRE HATHAWAY INC CL B | 1.40% | Equity (US) | — |
| AMD | ADVANCED MICRO DEVICES | 1.26% | Equity (US) | — |
| V | VISA INC CLASS A SHARES | 0.94% | Equity (US) | — |
| XOM | EXXONMOBIL HOLDINGS CORP | 0.93% | Equity (US) | — |
| JNJ | JOHNSON + JOHNSON | 0.93% | Equity (US) | — |
| WMT | WALMART INC | 0.78% | Equity (US) | — |
| INTC | INTEL CORP | 0.71% | Equity (US) | — |
| ABBV | ABBVIE INC | 0.69% | Equity (US) | — |
| AMAT | APPLIED MATERIALS INC | 0.69% | Equity (US) | — |
| MA | MASTERCARD INC A | 0.69% | Equity (US) | — |
| CSCO | CISCO SYSTEMS INC | 0.67% | Equity (US) | — |
| COST | COSTCO WHOLESALE CORP | 0.65% | Equity (US) | — |
| CAT | CATERPILLAR INC | 0.62% | Equity (US) | — |
| LRCX | LAM RESEARCH CORP | 0.62% | Equity (US) | — |
| BAC | BANK OF AMERICA CORP | 0.62% | Equity (US) | — |
| UNH | UNITEDHEALTH GROUP INC | 0.59% | Equity (US) | — |
| GE | GENERAL ELECTRIC | 0.56% | Equity (US) | — |
| PG | PROCTER + GAMBLE CO/THE | 0.54% | Equity (US) | — |
| HD | HOME DEPOT INC | 0.53% | Equity (US) | — |
| CVX | CHEVRON CORP | 0.53% | Equity (US) | — |
| KO | COCA COLA CO/THE | 0.51% | Equity (US) | — |
| GS | GOLDMAN SACHS GROUP INC | 0.50% | Equity (US) | — |
| MRK | MERCK + CO. INC. | 0.49% | Equity (US) | — |
| NFLX | NETFLIX INC | 0.48% | Equity (US) | — |
| PLTR | PALANTIR TECHNOLOGIES INC A | 0.48% | Equity (US) | — |
| PM | PHILIP MORRIS INTERNATIONAL | 0.46% | Equity (US) | — |
| PANW | PALO ALTO NETWORKS INC | 0.44% | Equity (US) | — |
| KLAC | KLA CORP | 0.44% | Equity (US) | — |
| GEV | GE VERNOVA INC | 0.43% | Equity (US) | — |
| WFC | WELLS FARGO + CO | 0.42% | Equity (US) | — |
| TXN | TEXAS INSTRUMENTS INC | 0.41% | Equity (US) | — |
| MS | MORGAN STANLEY | 0.40% | Equity (US) | — |
| RTX | RTX CORP | 0.40% | Equity (US) | — |
| LIN | LINDE PLC | 0.37% | Equity (US) | — |
| C | CITIGROUP INC | 0.35% | Equity (US) | — |
| ORCL | ORACLE CORP | 0.33% | Equity (US) | — |
| SNDK | SANDISK CORP | 0.32% | Equity (US) | — |
| CRWD | CROWDSTRIKE HOLDINGS INC A | 0.32% | Equity (US) | — |
Geographic Breakdown
Chart
Seasonality
| Month | Avg Return | Years of Data |
|---|---|---|
| Jan | +0.05% | 23 |
| Feb | +0.13% | 23 |
| Mar | +0.25% | 23 |
| Apr | +2.38% | 23 |
| May | +1.01% | 23 |
| Jun | -0.16% | 23 |
| Jul | +2.18% | 23 |
| Aug | +0.03% | 22 |
| Sep | -0.80% | 23 |
| Oct | +0.98% | 23 |
| Nov | +2.31% | 23 |
| Dec | +0.27% | 23 |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $745.08
SMA 50: $744.40
SMA 200: $696.70
Current: $743.29
EMA 12: $748.30
EMA 26: $745.55
MACD: 2.7499 | Signal: -0.1596
BULLISH
ADX (14): 17.83
RANGE
+DI: 17.85
−DI: 27.46
Momentum Oscillators
RSI (14): 48.40
NEUTRAL
Stoch %K: 77.75
Stoch %D: 86.92
Williams %R: -52.32
Volume & Volatility
BB Upper: $759.58
BB Lower: $730.57
NEUTRAL
OBV: 1,663,385,225
Vol SMA 20: 52,079,177
Vol ROC: 9.59%
ATR: $8.52
True Range: $9.92
HV 20: 12.0%
HV 30: 15.8%
HV 60: 13.1%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-07-19T00:00:00 – 2026-07-17T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary Overall Assessment: NEUTRAL (confidence level: 6/10)
Key drivers:
- Mixed technical signals, with bullish momentum indicators and neutral RSI
- Recent news headlines are generally neutral or positive, with no significant negative news
- Moderate volatility, similar to the broader market
Primary risks:
- Downtrend risk if ADX regime turns bearish or trend strength weakens
- Potential for a pullback if SPY consolidates or corrects
Investment thesis: SPY is currently in a consolidation phase after a recent rally. While there are no clear buy or sell signals, the technical indicators suggest a neutral-to-bullish bias. The options market suggests a moderate volatility environment, with expectations of a $23.05 move by expiration.
Recent news sentiment impact: The recent news headlines have been generally positive, with no significant negative news. This has contributed to a neutral-to-positive overall sentiment.
Technical Analysis Trend Direction:
- Short-term (1-4 weeks): Consolidation phase
- Medium-term (1-3 months): Uptrend
- Long-term (3-12 months): Bullish
Support/Resistance Levels: SMA 20: $745.10 (support) SMA 50: $744.41 (support) EMA 12: $748.37 (resistance)
Momentum Signals:
- RSI interpretation: Neutral, with value below the midpoint
- MACD signal: Bullish, indicating a potential uptrend
- Bollinger Bands position: Squeeze, indicating volatility contraction
Volume Analysis:
- Volume SMA 20: 50874289.85 (neutral)
- On-Balance Volume (OBV): 1687482975.94 (positive)
- Volume Rate of Change: -32.31% (negative)
News & Sentiment Analysis Recent Headlines Summary:
- Neutral headlines dominate, with no significant negative news
- One positive headline suggests a potential catalyst
Sentiment Assessment: Neutral sentiment prevails, with no clear bearish or bullish signals.
Catalyst Identification:
- No immediate catalysts identified, but recent news could potentially drive price action in the near term
Market Narrative: The market narrative is neutral-to-positive, suggesting that recent news and technical indicators are aligned.
Risk & Volatility Assessment Beta Interpretation: Beta: 1.00 (vs SPY), indicating moderate risk relative to the broader market.
Volatility Regime: Current vs historical volatility levels:
- Historical volatility: 11.9% (HV20) to 13.1% (HV60)
- Current volatility: 0.13, indicating a relatively low-volatility environment
Options Market Signals:
- IV Rank: 37.9% (Medium), suggesting moderate volatility
- Put/Call Volume Ratio: 0.97 (Neutral sentiment)
Downside Protection: Support levels and risk management considerations:
- SMA 20: $745.10 (support)
- SMA 50: $744.41 (support)
Market Context & Positioning Sector Performance: Relative strength vs sector/market:
- SPY is slightly stronger than the broader market
Institutional Activity: Volume patterns suggesting institutional interest:
- On-Balance Volume (OBV) shows increasing volume, indicating potential buying pressure
Correlation Analysis: How stock moves relative to market (R-squared interpretation):
- R-squared: 0.96, indicating a strong positive correlation with the broader market
Relative Valuation: Position within trading range:
- SPY is trading near its 50-day moving average, suggesting a neutral-to-bullish bias
Key Levels & Action Items Critical Price Levels: Support/resistance to monitor:
- SMA 20: $745.10 (support)
- SMA 50: $744.41 (support)
- EMA 12: $748.37 (resistance)
Breakout/Breakdown Levels: Technical levels that could trigger significant moves:
- None identified
Time-Sensitive Catalysts: Earnings dates, FDA approvals, product launches:
- No immediate catalysts identified
Risk Management: Stop-loss levels and position sizing considerations:
- Consider a stop-loss level near SMA 20 ($745.10) for long positions
- Use a position sizing strategy based on risk tolerance and volatility expectations
Generated
News
Sandisk (SNDK) has gained about 762.52% year to date at the time of writing, Wednesday afternoon, July 1. Meanwhile, the SPDR S&P 500 index (SPY) is up about 9.54% in the same period. The third-largest enterprise solid-state drive (SSD) manufacturer has outpaced the S&P 500 by a…
Marvell (MRVL) has gained about 215.72% year to date at the time of writing, Wednesday afternoon, June 24. Meanwhile, the SPDR S&P 500 index (SPY) is up about 7.41% in the same period. The semiconductor giant has rallied thanks to its role in the AI boom. Strong fourth-quarter…
Intel (INTC) has gained about 263.09% year to date at the time of writing, Tuesday afternoon, June 23. Meanwhile, the SPDR S&P 500 index (SPY) is up about 8.04% in the same period. Intel stock has outpaced the S&P 500 by a wide margin, thanks to its position in the semiconductor…
Options Activity
- IV Rank (30D)
- 37.87
- IV Rank (7D)
- 73.52
- Avg IV
- 23.5%
- Straddle (30D)
- $23.05
- Straddle (7D)
- $9.36
- P/C Volume
- 0.97
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|