Sizable spread in the SPYders as shares reach new highs (TheFlyOnTheWall) FLY ON THE WALL 1:40 PM ET 7/11/2016 Sizable spread in the SPYders as shares reach new highs. 90K Jul 217.5 calls for 8c and 140K Jul 218 calls at 5c. The Jul 217.5 calls are apparently being bought to open. The other leg appears to be a closing sale. Trade history shows notable opening activity in the Jan 218 calls on 6/15, including a buyer of 50K for 16c per contract.