SGOV Options History — December 2025

In December 2025, SGOV traded between $100.28 and $100.56. ATM implied volatility averaged 2.0%, placing in the 7.1% IV rank vs the trailing year. The 30-day expected move averaged 0.5%. IV traded above realized volatility by 0.8% (HV 20d: 1.2%). Max pain ranged from $89.00 to $101.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 2.10.

Notable Days

  • 2025-12-11: Highest Volume — 474 contracts
  • 2025-12-16: Largest IV spike — 66.0% change
  • 2025-12-08: Highest IV Rank — 22.7%
  • 2025-12-01: Largest Expected Move — 0.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$100.42$100.28$100.56$100.38$100.38
Max Pain$96.73$89.00$101.00$101.00$89.00
ATM IV2.0%1.3%4.3%2.6%1.6%
Expected Move0.5%0.4%0.7%0.7%0.5%
HV 20d1.2%1.0%1.5%1.5%1.0%
HV 60d1.1%1.1%1.3%1.1%1.1%
IV Rank7.1%2.3%22.7%10.9%4.2%
IV Percentile26.0%5.9%71.3%47.3%17.4%
Term Structure0.7%-1.2%6.6%-1.2%1.5%
VWIV4.0%1.6%10.9%4.4%3.0%
Skew 25d0.4%-1.3%6.7%-0.2%0.2%
Skew 10d0.9%-0.0%12.7%2.2%0.1%
Call IV 25d4.8%1.0%18.0%1.7%1.2%
Put IV 25d5.2%1.0%17.6%1.6%1.5%
Bid-Ask Spread %113.8591.04143.56103.8999.29
Gamma HHI0.560.250.940.730.49
Net GEX3.6M303.6K7.8M5.1M4.1M
Net DEX-8.2M-12.7M-1.9M-7.8M-12.7M
Net VEX-51.1K-59.9K-44.2K-49.3K-49.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.100.1117.960.592.90
Total Volume161.18226474268343
Total OI3,414.8642,6524,3902,9722,904

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$100.38$101.002.6%0.7%1.5%10.9%4.4%-0.2%-1.2%5.1M-7.8M-49.3K0.59103.89N/AN/A169992,525447
2025-12-02$100.40$101.001.5%0.4%1.1%4.0%2.7%3.6%-0.9%4.6M-11.1M-54.6K1.6591.04N/AN/A631042,651513
2025-12-03$100.41$101.001.7%0.5%1.1%5.3%2.7%-0.2%-0.5%4.7M-8.6M-53.8K0.32101.58N/AN/A97312,669589
2025-12-04$100.43$95.002.8%0.5%1.1%12.3%5.1%0.1%-0.6%6.0M-9.6M-51.1K0.89115.91N/AN/A72642,698603
2025-12-05$100.45$96.003.6%0.4%1.1%18.2%4.9%-0.4%0.2%7.8M-9.4M-47.2K0.56117.90N/AN/A48272,720625
2025-12-08$100.47$96.004.3%0.5%1.1%22.7%3.6%-0.4%0.2%4.8M-7.8M-45.5K0.98106.78N/AN/A53522,753637
2025-12-09$100.47$96.003.3%0.5%1.1%15.7%8.5%0.3%1.5%3.9M-9.8M-55.5K2.43143.56N/AN/A721752,789666
2025-12-10$100.48$98.001.6%0.5%1.1%4.6%8.1%6.7%1.5%1.9M-9.1M-57.5K4.10124.93N/AN/A21862,835808
2025-12-11$100.50$98.001.5%0.4%1.1%4.0%6.0%0.1%1.0%2.1M-8.7M-57.0K17.96100.11N/AN/A254492,848857
2025-12-12$100.53$98.002.2%0.6%1.1%8.6%10.9%-0.4%-0.1%303.6K-6.1M-59.9K5.38123.90N/AN/A13702,8571,229
2025-12-15$100.53$98.001.4%0.4%1.1%3.1%2.6%-1.3%-0.3%3.6M-2.3M-44.2K2.3396.80N/AN/A761772,8581,270
2025-12-16$100.55$101.002.3%0.7%1.1%9.4%3.8%0.0%-0.2%2.3M-2.7M-51.5K1.88132.60N/AN/A16302,9141,424
2025-12-17$100.56$101.001.8%0.5%1.1%5.6%2.4%-0.0%-0.2%1.6M-2.6M-48.0K0.33133.57N/AN/A2172,9191,451
2025-12-18$100.56$101.001.5%0.4%1.1%3.6%2.8%0.0%6.6%2.7M-2.1M-47.2K1.00133.97N/AN/A13132,9331,457
2025-12-19$100.28$101.001.4%0.4%1.4%3.1%0.0%0.0%-0.4%4.3M-1.9M-51.1K0.46136.19N/AN/A69322,8161,465
2025-12-22$100.28$99.001.5%0.4%1.4%3.9%2.3%-0.1%0.3%3.3M-9.9M-50.7K0.19102.99N/AN/A72142,310342
2025-12-23$100.30$93.001.6%0.4%1.4%4.1%2.4%-0.1%1.0%3.4M-10.7M-50.0K0.11101.18N/AN/A125142,369283
2025-12-24$100.31$92.001.3%0.4%1.4%2.3%1.6%-0.1%1.7%2.1M-11.7M-52.3K0.30125.90N/AN/A3092,439289
2025-12-26$100.34$91.001.3%0.4%1.4%2.6%2.7%0.1%0.9%3.7M-11.7M-49.7K0.9497.60N/AN/A1191122,461273
2025-12-29$100.35$91.001.5%0.4%1.4%3.6%2.4%0.1%1.6%2.5M-11.9M-50.4K0.22119.46N/AN/A157352,510272
2025-12-30$100.37$91.001.5%0.4%1.1%3.8%1.8%0.1%1.7%4.1M-12.3M-49.0K0.6095.52N/AN/A1701022,567282
2025-12-31$100.38$89.001.6%0.5%1.0%4.2%3.0%0.2%1.5%4.1M-12.7M-49.6K2.9099.29N/AN/A882552,624280