Monitoring TSPY open interest helps you see where real money is positioned on TappAlpha S&P 500 Growth & Daily Income ETF's options and which strikes are attracting the most commitment from traders. TappAlpha S&P 500 Growth & Daily Income ETF's open interest reflects the total number of outstanding contracts that have not been closed or exercised, making it a powerful gauge of liquidity, conviction, and potential support and resistance zones. Use our scanner to monitor TSPY options open interest in real time and find the strikes that matter.
Open interest is distinct from volume: volume counts how many contracts are traded in a session, while open interest counts how many remain open at the end of the day. Rising TSPY options open interest alongside rising volume suggests new positions are being built, while falling open interest signals positions are being closed. Heavy open interest at specific strikes often acts as a magnet near expiration and can hint at where dealers and large traders expect TappAlpha S&P 500 Growth & Daily Income ETF to settle.
TSPY is the issuers first ETF. The objective of the issuer is to provide easier access to more sophisticated investment strategies. TSPY holds shares of SPDR S&P 500 Index trust (ticker: SPY) and writes call options each day to generate income. Options may be written against the shares of SPY, the S&P 500 index itself, SPX, or the Cboe Mini-SPX Index, XSP. The expiration dates for the call options will focus on using 0DTE, same day expiration, but may range up to one week. The portfolio manager aims to generate daily income and distribute the income monthly. Investors should note the high turnover rate of the fund and that distributions will be taxed as ordinary income.
The fund will hold US Treasury securities as collateral.
Pin risk into expiration, dealer positioning, liquidity checks for large orders — all of it starts with knowing where TSPY open interest is concentrated. Our scanner maps TappAlpha S&P 500 Growth & Daily Income ETF's open interest across every strike and expiry, flags unusual buildups, and lets you drill into the contracts that institutional money is actually holding. Trade TappAlpha S&P 500 Growth & Daily Income ETF's options open interest as the signal it is, not as an afterthought.
