SPMB Options History — February 2022

In February 2022, SPMB traded between $24.45 and $24.92. ATM implied volatility averaged 30.2%, placing in the 26.0% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 25.5% (HV 20d: 4.6%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 9 of 19 days.

Notable Days

  • 2022-02-25: Highest Volume — 19 contracts
  • 2022-02-24: Largest IV spike — 410.9% change
  • 2022-02-08: Highest IV Rank — 60.9%
  • 2022-02-02: Largest Expected Move — 18.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.62$24.45$24.92$24.89$24.68
Max Pain$23.00$23.00$23.00$23.00$23.00
ATM IV30.2%6.9%66.2%61.8%22.6%
Expected Move6.8%2.0%18.3%17.7%6.5%
HV 20d4.6%4.1%5.3%4.1%5.1%
HV 60d3.5%3.1%3.9%3.1%3.9%
IV Rank26.0%3.5%60.9%56.6%18.7%
IV Percentile51.2%5.6%97.6%97.0%61.2%
Term Structure1.2%-33.0%41.6%-22.1%27.6%
VWIV83.0%81.7%84.4%81.7%84.4%
Skew 25d3.6%-8.8%11.3%0.9%0.8%
Skew 10d2.9%-50.1%49.2%9.0%-50.1%
Call IV 25d34.4%5.6%87.3%87.3%60.3%
Put IV 25d38.0%5.8%88.6%88.1%61.1%
Bid-Ask Spread %138.20122.66150.96147.56133.68
Gamma HHI0.840.720.990.730.96
Net GEX-10.3K-33.2K-4.7K-4.7K-9.5K
Net DEX84.7K68.4K103.9K81.8K96.8K
Net VEX-546-645-382-541-630
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume13.4213191219
Total OI93.2638510189101

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$24.89$23.0061.8%17.7%4.1%56.6%81.7%0.9%-22.1%-4.7K81.8K-5410.00147.56N/AN/A012188
2022-02-02$24.92$23.0063.7%18.3%4.2%58.4%84.4%11.3%-23.4%-4.7K81.0K-5390.00147.79N/AN/A012188
2022-02-03$24.86$0.0053.3%9.5%4.1%48.4%0.0%0.1%-10.7%-5.5K80.1K-5370.00150.74N/AN/A012188
2022-02-04$24.73$0.0055.9%8.7%4.4%50.9%0.0%-8.8%-11.0%-5.8K82.2K-5320.00142.60N/AN/A013188
2022-02-07$24.75$0.0063.1%9.9%4.4%57.9%0.0%0.1%-11.9%-5.6K82.8K-5340.00150.96N/AN/A014189
2022-02-08$24.68$0.0066.2%5.5%4.4%60.9%0.0%0.3%20.5%-5.7K86.8K-5540.00149.94N/AN/A014191
2022-02-09$24.66$0.0010.1%2.9%4.3%6.7%0.0%5.2%6.9%-11.9K70.9K-5140.00127.55N/AN/A013191
2022-02-10$24.48$0.0018.3%5.2%4.9%14.6%0.0%7.0%-7.6%-11.3K83.3K-5390.00135.55N/AN/A012192
2022-02-11$24.60$0.0011.5%3.3%5.3%8.0%0.0%-6.2%41.6%-4.8K90.4K-5550.00140.83N/AN/A016192
2022-02-14$24.52$0.0012.8%3.7%5.3%9.2%0.0%7.3%14.4%-9.1K88.4K-5600.00133.69N/AN/A012196
2022-02-15$24.50$0.0018.8%5.4%5.0%15.1%0.0%8.0%-8.0%-12.0K85.2K-5540.00131.91N/AN/A012196
2022-02-16$24.49$0.0018.2%5.2%4.7%14.5%0.0%8.6%-7.5%-12.9K84.1K-5500.00133.29N/AN/A012196
2022-02-17$24.55$0.0012.5%3.6%4.8%9.0%0.0%8.1%26.8%-13.1K81.8K-5360.00132.50N/AN/A012196
2022-02-18$24.55$0.0011.8%3.4%4.7%8.3%0.0%7.1%9.1%-11.1K81.1K-5420.00138.83N/AN/A012196
2022-02-22$24.51$0.0015.6%4.5%4.7%12.0%0.0%5.7%4.4%-9.7K84.7K-5390.00130.50N/AN/A03085
2022-02-23$24.45$0.006.9%2.0%4.7%3.5%0.0%0.1%-2.5%-33.2K68.4K-3820.00122.66N/AN/A018085
2022-02-24$24.50$0.0035.1%10.1%4.6%30.8%0.0%4.5%-33.0%-8.2K103.9K-6450.00132.26N/AN/A0180100
2022-02-25$24.53$0.0014.8%4.3%4.5%11.3%0.0%7.8%8.6%-16.1K96.2K-6000.00142.95N/AN/A0190100
2022-02-28$24.68$0.0022.6%6.5%5.1%18.7%0.0%0.8%27.6%-9.5K96.8K-6300.00133.68N/AN/A0190101