SGOV Options History — May 2025

In May 2025, SGOV traded between $100.37 and $100.72. ATM implied volatility averaged 6.0%. The 30-day expected move averaged 1.9%. IV traded above realized volatility by 4.8% (HV 20d: 1.2%). Max pain ranged from $90.00 to $101.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.79.

Notable Days

  • 2025-05-28: Highest Volume — 276 contracts
  • 2025-05-15: Largest IV spike — 258.4% change
  • 2025-05-23: Largest Expected Move — 3.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$100.53$100.37$100.72$100.37$100.72
Max Pain$99.10$90.00$101.00$101.00$100.00
ATM IV6.0%1.6%13.3%1.8%3.1%
Expected Move1.9%0.5%3.8%0.5%0.9%
HV 20d1.2%0.2%1.2%1.2%0.2%
Term Structure2.3%-4.8%5.9%5.9%5.6%
VWIV4.5%1.1%12.7%2.2%3.5%
Skew 25d-0.6%-5.8%4.5%-5.8%-0.1%
Skew 10d3.4%-7.4%11.4%-7.4%8.3%
Call IV 25d9.3%2.0%14.7%7.7%14.7%
Put IV 25d8.7%1.9%14.7%1.9%14.7%
Bid-Ask Spread %154.79136.41193.50141.56158.06
Gamma HHI0.700.480.920.500.89
Net GEX-49.9K-1.2M700.5K-1.2M430.2K
Net DEX-975.7K-2.3M1.6M1.6M-2.3M
Net VEX-3.9K-6.3K-2.1K-5.2K-6.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.0010.000.590.12
Total Volume47.28632762719
Total OI407.286144610561483

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$100.37$101.001.8%0.5%1.2%0.0%2.2%-5.8%5.9%-1.2M1.6M-5.2K0.59141.56N/AN/A171097464
2025-05-02$100.40$100.001.6%0.5%1.2%0.0%1.8%1.2%0.6%-460.8K290.8K-4.0K0.00144.04N/AN/A150112267
2025-05-05$100.41$100.001.9%0.8%1.2%0.0%2.7%-0.1%0.5%-583.5K100.7K-3.8K0.00158.47N/AN/A550126267
2025-05-06$100.41$90.002.0%0.6%1.2%0.0%2.4%-0.1%0.7%-588.2K-303.7K-3.8K0.00158.74N/AN/A280167267
2025-05-07$100.43$90.002.1%1.3%1.2%0.0%11.8%-3.5%-4.3%-534.5K-445.8K-4.4K0.01156.56N/AN/A1932193267
2025-05-08$100.44$100.002.2%2.2%1.2%0.0%8.2%-0.1%-4.3%-55.7K-1.4M-5.1K0.00157.68N/AN/A06320267
2025-05-09$100.47$100.002.3%1.4%1.2%0.0%0.0%-0.1%2.7%-55.2K-1.5M-4.8K0.11159.08N/AN/A273320269
2025-05-12$100.48$100.002.8%0.6%1.2%0.0%0.0%-3.9%2.4%-90.1K-1.6M-3.5K0.00193.50N/AN/A270300271
2025-05-13$100.50$100.003.7%1.6%1.2%0.0%0.0%-5.1%-4.8%-43.2K-2.0M-3.4K0.27158.87N/AN/A113324271
2025-05-14$100.50$100.002.1%0.6%1.2%0.0%2.7%0.0%0.5%-39.0K-2.2M-3.5K10.00159.13N/AN/A110335274
2025-05-15$100.52$100.007.5%2.1%1.2%0.0%12.7%0.0%3.5%-34.1K-1.6M-3.6K0.03157.89N/AN/A1816336274
2025-05-16$100.56$100.0010.1%2.9%1.2%0.0%3.5%-3.6%2.0%64.3K-1.9M-2.8K3.00156.92N/AN/A26266280
2025-05-19$100.56$100.0010.7%3.1%1.2%0.0%2.4%0.1%3.2%91.8K-650.8K-2.9K0.30152.04N/AN/A10312321
2025-05-20$100.57$100.0010.6%3.1%1.2%0.0%2.4%0.1%3.2%108.4K-694.9K-2.9K0.00154.79N/AN/A4013124
2025-05-21$100.59$100.0012.8%3.7%1.2%0.0%0.0%-0.1%2.3%269.5K-404.5K-2.1K0.33151.52N/AN/A9313324
2025-05-22$100.60$100.0013.1%3.7%1.2%0.0%1.5%-0.1%5.4%267.2K-428.7K-2.4K0.00152.00N/AN/A39014227
2025-05-23$100.65$100.0013.3%3.8%1.2%0.0%1.1%-0.1%5.7%126.8K-954.2K-3.7K0.00152.33N/AN/A3017827
2025-05-27$100.66$100.009.1%2.6%1.2%0.0%0.0%0.3%5.5%373.9K-646.8K-2.9K0.00151.10N/AN/A20018127
2025-05-28$100.68$100.007.1%2.0%1.2%0.0%7.1%2.9%5.5%197.0K-1.1M-3.7K0.01136.41N/AN/A272419027
2025-05-29$100.69$100.005.7%1.6%1.2%0.0%5.7%4.5%5.5%700.5K-2.3M-6.3K1.00139.90N/AN/A2245031
2025-05-30$100.72$100.003.1%0.9%0.2%0.0%3.5%-0.1%5.6%430.2K-2.3M-6.3K0.12158.06N/AN/A17245033