SGOV Options History — January 2026

In January 2026, SGOV traded between $100.41 and $100.68. ATM implied volatility averaged 1.8%, placing in the 6.0% IV rank vs the trailing year. The 30-day expected move averaged 0.5%. IV traded above realized volatility by 1.1% (HV 20d: 0.7%). Max pain ranged from $87.00 to $101.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 3.34.

Notable Days

  • 2026-01-16: Highest Volume — 2,500 contracts
  • 2026-01-05: Largest IV spike — 49.3% change
  • 2026-01-13: Highest IV Rank — 15.5%
  • 2026-01-30: Largest Expected Move — 0.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$100.53$100.41$100.68$100.41$100.68
Max Pain$92.35$87.00$101.00$89.00$101.00
ATM IV1.8%1.1%3.2%1.4%2.5%
Expected Move0.5%0.3%0.7%0.4%0.7%
HV 20d0.7%0.1%1.1%1.1%0.2%
HV 60d1.1%0.9%1.1%1.1%0.9%
IV Rank6.0%1.0%15.5%3.2%10.3%
IV Percentile28.9%1.0%62.6%9.9%53.3%
Term Structure-0.2%-1.9%1.8%1.8%-0.3%
VWIV3.2%1.5%5.6%3.3%2.8%
Skew 25d-0.1%-2.5%1.0%0.4%0.5%
Skew 10d0.4%-7.1%12.8%0.1%0.7%
Call IV 25d2.0%0.8%6.8%1.3%1.4%
Put IV 25d1.9%0.9%6.1%1.6%1.9%
Bid-Ask Spread %94.9044.64111.83100.51109.10
Gamma HHI0.490.450.850.480.51
Net GEX6.5M4.1M9.9M4.3M6.7M
Net DEX-15.6M-18.4M-11.5M-13.2M-12.9M
Net VEX-55.4K-61.7K-47.9K-50.0K-60.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.340.0425.140.830.04
Total Volume626.5992,500529311
Total OI3,879.452,9924,8702,9924,870

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$100.41$89.001.4%0.4%1.1%3.2%3.3%0.4%1.8%4.3M-13.2M-50.0K0.83100.51N/AN/A2892402,684308
2026-01-05$100.43$87.002.1%0.5%1.1%7.9%2.9%-0.7%0.8%4.2M-14.3M-51.1K1.10111.83N/AN/A3373712,860304
2026-01-06$100.44$87.001.7%0.7%1.1%5.3%4.6%-0.7%-0.5%4.1M-15.5M-55.2K3.72110.32N/AN/A1455393,039316
2026-01-07$100.44$87.001.9%0.5%1.0%6.1%3.1%-0.5%-0.2%6.0M-15.9M-52.9K1.31107.14N/AN/A4155453,088320
2026-01-08$100.45$87.002.0%0.5%1.0%6.9%3.1%-2.5%0.8%5.1M-16.7M-56.6K2.43104.75N/AN/A1613913,276318
2026-01-09$100.47$87.002.7%0.5%1.1%11.5%5.6%-1.6%0.2%5.9M-17.4M-58.1K10.36105.28N/AN/A777983,396325
2026-01-12$100.48$88.002.4%0.6%1.0%9.7%4.4%0.1%-0.7%5.8M-16.5M-54.9K0.40105.89N/AN/A2981203,417337
2026-01-13$100.50$88.003.2%0.6%1.0%15.5%3.5%0.0%-1.9%4.2M-16.7M-61.3K1.93103.62N/AN/A1312533,524399
2026-01-14$100.50$89.002.0%0.6%1.0%7.3%3.3%0.2%-1.1%9.9M-16.2M-47.9K25.14100.90N/AN/A932,3383,570422
2026-01-15$100.52$90.001.5%0.4%1.0%3.5%2.1%0.1%-0.2%9.7M-16.9M-50.4K0.6382.52N/AN/A63403,597451
2026-01-16$100.55$92.001.5%0.4%1.1%3.7%2.9%0.5%-0.2%6.7M-18.4M-58.3K1.24110.47N/AN/A1,1181,3823,618475
2026-01-20$100.56$92.001.6%0.5%1.1%4.2%3.5%0.2%-0.2%5.9M-16.1M-57.7K0.3082.70N/AN/A76233,352383
2026-01-21$100.56$93.001.1%0.3%0.2%1.0%3.4%0.1%-0.2%9.2M-17.4M-53.2K0.7092.47N/AN/A71503,397392
2026-01-22$100.57$93.001.1%0.3%0.1%1.1%3.1%0.1%-0.2%8.8M-17.2M-54.3K0.3044.64N/AN/A119363,420411
2026-01-23$100.60$95.001.2%0.3%0.2%1.5%1.5%0.2%-0.2%9.2M-17.6M-54.9K2.8992.29N/AN/A621793,491434
2026-01-26$100.62$100.001.6%0.5%0.2%4.5%1.9%0.1%-0.2%7.7M-14.8M-56.1K2.2183.35N/AN/A1032283,495581
2026-01-27$100.63$100.001.7%0.5%0.1%4.9%2.5%0.4%-0.3%5.1M-13.8M-61.7K2.6784.37N/AN/A942513,533713
2026-01-28$100.63$101.001.8%0.5%0.2%5.7%3.1%0.5%-0.3%6.8M-13.6M-58.7K8.2883.53N/AN/A584803,536811
2026-01-29$100.65$101.001.9%0.5%0.2%6.3%3.0%1.0%-0.3%5.1M-11.5M-55.4K0.3282.27N/AN/A186593,5531,173
2026-01-30$100.68$101.002.5%0.7%0.2%10.3%2.8%0.5%-0.3%6.7M-12.9M-60.2K0.04109.10N/AN/A300113,6691,201