SPMB Options History — November 2021

In November 2021, SPMB traded between $25.37 and $25.63. ATM implied volatility averaged 25.1%, placing in the 21.6% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 22.8% (HV 20d: 2.2%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 5.58.

Notable Days

  • 2021-11-01: Highest Volume — 38 contracts
  • 2021-11-02: Largest IV spike — 120.6% change
  • 2021-11-02: Highest IV Rank — 47.4%
  • 2021-11-02: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.50$25.37$25.63$25.55$25.51
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV25.1%17.2%51.1%23.2%24.3%
Expected Move6.6%4.5%14.6%6.6%7.0%
HV 20d2.2%1.7%2.9%1.8%2.9%
HV 60d1.8%1.6%2.1%1.6%2.1%
IV Rank21.6%13.8%47.4%19.8%20.9%
IV Percentile66.9%38.4%96.4%73.2%72.2%
Term Structure-8.3%-27.8%6.1%-8.7%-9.6%
VWIV41.1%26.4%66.0%26.4%30.8%
Skew 25d0.4%-0.5%9.4%-0.3%0.3%
Skew 10d1.5%-0.4%11.5%1.0%0.0%
Call IV 25d27.1%18.0%69.6%26.7%27.3%
Put IV 25d27.6%18.0%70.0%26.4%27.6%
Bid-Ask Spread %139.59130.01172.97149.44130.01
Gamma HHI0.560.321.000.351.00
Net GEX-616-1.4K498-451-679
Net DEX-5.7K-23.7K5.5K-11.6K2.4K
Net VEX-43-121-9-61-25
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.583.756.203.756.20
Total Volume28.66711383811
Total OI42.76215555515

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$25.55$25.0023.2%6.6%1.8%19.8%26.4%-0.3%-8.7%-451-11.6K-613.75149.44N/AN/A8301243
2021-11-02$25.57$25.0051.1%14.6%1.7%47.4%66.0%0.4%-18.6%-1.4K5.5K-1213.75172.97N/AN/A8301243
2021-11-03$25.54$25.0024.6%7.0%1.7%21.1%30.8%-0.2%-9.7%-240-11.6K-503.75147.14N/AN/A8301243
2021-11-04$25.58$0.0026.6%4.9%1.8%23.2%0.0%-0.2%-4.6%-389-11.5K-506.00132.37N/AN/A5301243
2021-11-05$25.63$0.0025.7%4.7%1.9%22.3%0.0%0.1%-5.1%-585-10.5K-536.00137.48N/AN/A5301143
2021-11-08$25.60$0.0029.0%4.8%1.8%25.6%0.0%0.0%-5.5%-645-10.0K-506.00136.51N/AN/A5301143
2021-11-09$25.61$0.0028.9%4.5%1.8%25.5%0.0%0.3%-4.9%-397-11.6K-406.00134.66N/AN/A5301143
2021-11-10$25.50$0.0017.7%5.1%2.4%14.4%0.0%0.3%-7.5%-568-9.5K-486.00137.48N/AN/A5301143
2021-11-11$25.48$0.0017.2%4.9%2.3%13.8%0.0%0.1%-7.1%-634-9.6K-476.00137.37N/AN/A5301142
2021-11-12$25.47$0.0017.4%5.0%2.3%14.1%0.0%0.3%-7.4%-648-9.4K-466.00137.29N/AN/A5301142
2021-11-15$25.45$0.0018.2%5.2%2.3%14.9%0.0%-0.5%3.7%-1.3K-357-666.00144.27N/AN/A5301142
2021-11-16$25.45$0.0028.0%8.0%2.3%24.6%0.0%-0.2%-27.8%-314-10.2K-246.00132.51N/AN/A5301142
2021-11-17$25.48$0.0039.8%11.4%2.3%36.2%0.0%0.1%-16.4%-1.4K5.4K-686.00150.53N/AN/A5301142
2021-11-18$25.47$0.0019.6%5.6%2.3%16.2%0.0%0.1%6.1%498-13.2K-306.20132.72N/AN/A5311142
2021-11-19$25.49$0.0019.4%5.6%2.3%16.1%0.0%-0.2%-7.0%-666-23.7K-216.20138.14N/AN/A5311143
2021-11-22$25.43$0.0019.2%5.5%2.3%15.9%0.0%-0.3%-7.1%-6761.4K-160.00135.13N/AN/A011114
2021-11-23$25.37$0.0033.9%9.7%2.4%30.4%0.0%9.4%-12.6%-7224.5K-390.00139.29N/AN/A011114
2021-11-24$25.37$0.0019.1%5.5%2.3%15.8%0.0%0.1%-7.2%-7051.7K-180.00135.15N/AN/A011114
2021-11-26$25.48$0.0020.3%5.8%2.9%16.9%0.0%0.2%-7.7%-356844-90.00135.59N/AN/A011114
2021-11-29$25.48$0.0023.1%6.6%2.9%19.7%0.0%-0.3%-10.6%-6611.4K-160.00135.43N/AN/A011114
2021-11-30$25.51$0.0024.3%7.0%2.9%20.9%0.0%0.3%-9.6%-6792.4K-250.00130.01N/AN/A011114