Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) Options History
Historical options analytics archive for SPHD with monthly max pain, implied volatility, gamma exposure, and put/call data.
123 months of complete options data available.
SPHD monthly aggregates
Month-by-month rollups derived from the daily snapshot archive for SPHD. Volatility and put/call columns are averages across trading days within the month; max pain, net GEX, and net DEX are the end-of-month values (last trading day of the month).
| Month | Days | Avg ATM IV | Avg IV Rank | End Max Pain | End Net GEX | End Net DEX | Avg P/C |
|---|---|---|---|---|---|---|---|
| 2026-06 | 20 | 50.8% | 9.1% | $49.00 | $89.5K | -$598.4K | 2.73 |
| 2026-05 | 20 | 144.4% | 29.6% | $48.00 | $180.3K | -$756.1K | 0.92 |
| 2026-04 | 20 | 40.3% | 32.7% | $49.00 | $41.2K | -$263.8K | 1.85 |
| 2026-03 | 22 | 22.5% | 36.8% | $49.00 | $43.0K | -$245.9K | 1.99 |
| 2026-02 | 19 | 16.8% | 22.8% | $50.00 | $86.9K | -$1.8M | 0.69 |
| 2026-01 | 20 | 16.0% | 20.9% | $48.00 | $128.2K | -$1.2M | 0.74 |
This archive aggregates SPHD's daily end-of-day options snapshots into monthly summaries, spanning 2016-04 through 2026-06. Each month rolls up the underlying snapshot archive, which provides continuous end-of-day coverage from 2007 to present: implied-volatility levels, IV rank, and the put/call ratio are time-averaged across the month; total call and put volume are summed; and dealer positioning (net gamma and delta exposure) and the max-pain strike are taken at the month's final trading day. The result is a long-horizon view of how SPHD option pricing, volatility regime, and dealer hedging pressure evolved month over month, useful for backtesting strategy assumptions and for studying volatility-regime shifts around earnings and macro events. The most recent aggregated month (2026-06) shows an average ATM implied volatility near 50.8%, a month-end max-pain strike around $49.00, an average put/call ratio of 2.73.
2026
Jan | Feb | Mar | Apr | May | Jun
2025
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2024
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2023
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2022
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2021
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2020
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2019
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2018
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2017
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2016
Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
Frequently asked SPHD history questions
- How much options history is available for SPHD?
- This archive holds 123 months of SPHD options analytics, spanning 2016-04 through 2026-06. Each entry is a monthly rollup of SPHD's daily end-of-day options snapshot record, which provides continuous coverage from 2007 to present. Use the year-grouped links on this page to jump to any specific month within the SPHD archive.
- What data does each monthly SPHD aggregate contain?
- Every monthly row summarizes that month of SPHD option activity: time-averaged ATM implied volatility and IV rank, the month-end max-pain strike, end-of-month net dealer gamma (GEX) and delta (DEX) exposure, the average put/call ratio, and total call and put volume. For example, 2026-06 recorded an average ATM implied volatility near 50.8%, an average IV rank of 9.1%, a month-end max-pain strike around $49.00, an average put/call ratio of 2.73.
- How is the SPHD options-history archive built and how often does it update?
- The archive is derived from SPHD's daily end-of-day options snapshots, which capture spot, the full listed chain, implied volatility, and dealer-positioning exposures each trading day. Those daily records are rolled up into the monthly summaries shown here and refreshed as new end-of-day data lands. Traders use the long-horizon view to backtest strategy assumptions, study how SPHD's volatility regime shifts around earnings and macro events, and compare current dealer positioning against historical norms.