SPMB Options History — April 2022

In April 2022, SPMB traded between $22.97 and $23.84. ATM implied volatility averaged 26.0%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 18.8% (HV 20d: 7.2%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 24.54.

Notable Days

2022-04-01: Highest Volume — 57 contracts
2022-04-21: Largest IV spike — 228.0% change
2022-04-12: Highest IV Rank — 67.9%
2022-04-25: Largest Expected Move — 7.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.32	$22.97	$23.84	$23.79	$23.05
Max Pain	$25.85	$25.00	$26.00	$26.00	$25.00
ATM IV	26.0%	5.9%	73.5%	21.4%	17.5%
Expected Move	4.9%	1.7%	7.1%	3.5%	5.0%
HV 20d	7.2%	6.3%	7.9%	6.3%	7.4%
HV 60d	6.2%	5.7%	6.6%	5.7%	6.6%
IV Rank	21.8%	2.0%	67.9%	17.6%	13.1%
IV Percentile	55.8%	3.6%	98.4%	54.7%	32.5%
Term Structure	-2.5%	-11.8%	29.8%	-11.8%	-0.3%
VWIV	21.3%	6.2%	29.2%	16.8%	18.0%
Skew 25d	4.7%	-10.1%	41.2%	0.9%	41.2%
Skew 10d	12.0%	-11.6%	59.1%	1.2%	59.1%
Call IV 25d	21.9%	15.3%	32.0%	32.0%	23.2%
Put IV 25d	26.5%	9.3%	64.4%	32.9%	64.4%
Bid-Ask Spread %	128.19	116.16	133.61	132.19	132.44
Gamma HHI	0.52	0.47	0.60	0.54	0.50
Net GEX	-23.2K	-48.4K	-15.7K	-22.6K	-29.0K
Net DEX	246.3K	190.7K	300.7K	203.0K	300.7K
Net VEX	-686	-815	-457	-782	-660
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	24.54	15.00	56.00	56.00	54.00
Total Volume	22.2	1	57	57	55
Total OI	172.9	168	191	169	191

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-04-01	$23.79	$26.00	21.4%	3.5%	6.3%	17.6%	16.8%	0.9%	-11.8%	-22.6K	203.0K	-782	56.00	132.19	N/A	N/A	1	56	1	168
2022-04-04	$23.84	$26.00	29.2%	4.3%	6.4%	25.1%	17.7%	0.4%	-5.5%	-19.6K	190.7K	-815	54.00	131.16	N/A	N/A	1	54	1	168
2022-04-05	$23.64	$26.00	31.4%	4.4%	6.8%	27.3%	23.6%	2.7%	-6.2%	-17.7K	199.1K	-813	15.00	126.33	N/A	N/A	1	15	1	167
2022-04-06	$23.58	$26.00	36.8%	5.3%	6.8%	32.5%	18.8%	0.4%	-5.5%	-20.4K	222.0K	-757	15.00	129.55	N/A	N/A	1	15	1	168
2022-04-07	$23.51	$26.00	39.3%	5.0%	6.8%	34.8%	22.6%	0.8%	-6.3%	-22.3K	227.8K	-741	15.00	131.74	N/A	N/A	1	15	1	168
2022-04-08	$23.38	$26.00	41.6%	4.8%	6.9%	37.1%	21.6%	0.5%	-6.8%	-21.2K	234.4K	-736	16.00	130.26	N/A	N/A	1	16	1	168
2022-04-11	$23.30	$26.00	36.3%	5.1%	6.7%	31.9%	22.6%	-10.1%	-6.9%	-20.7K	246.0K	-675	15.00	116.16	N/A	N/A	1	15	1	168
2022-04-12	$23.43	$26.00	73.5%	5.1%	7.2%	67.9%	23.7%	0.8%	-5.5%	-20.0K	239.8K	-682	15.00	131.73	N/A	N/A	1	15	1	168
2022-04-13	$23.44	$26.00	11.8%	3.4%	7.2%	8.3%	19.8%	-1.8%	-9.1%	-28.8K	229.1K	-715	15.00	117.20	N/A	N/A	1	15	1	168
2022-04-14	$23.28	$26.00	12.4%	3.5%	7.4%	8.8%	24.4%	0.4%	29.8%	-15.7K	202.3K	-776	15.00	130.67	N/A	N/A	1	15	1	168
2022-04-18	$23.23	$26.00	18.7%	5.4%	7.2%	15.0%	19.4%	-7.6%	14.6%	-21.2K	285.8K	-457	0.00	125.75	N/A	N/A	0	15	0	168
2022-04-19	$23.04	$26.00	13.2%	3.8%	7.3%	9.6%	15.4%	35.7%	5.0%	-30.7K	275.0K	-556	0.00	125.20	N/A	N/A	0	19	0	168
2022-04-20	$23.12	$26.00	5.9%	1.7%	7.5%	2.0%	6.2%	21.4%	6.9%	-48.4K	259.9K	-625	0.00	130.59	N/A	N/A	0	19	0	172
2022-04-21	$22.98	$26.00	19.2%	5.5%	7.3%	15.0%	23.3%	0.2%	-4.8%	-20.6K	285.7K	-559	0.00	129.64	N/A	N/A	0	19	0	172
2022-04-22	$22.97	$26.00	21.2%	6.1%	7.4%	16.8%	28.5%	1.0%	-5.2%	-18.8K	281.9K	-556	0.00	126.43	N/A	N/A	0	19	0	172
2022-04-25	$23.16	$26.00	24.7%	7.1%	7.7%	20.1%	29.2%	4.3%	-10.5%	-17.1K	230.7K	-719	0.00	127.09	N/A	N/A	0	20	0	172
2022-04-26	$23.24	$26.00	21.1%	6.0%	7.9%	16.6%	26.3%	0.1%	-5.8%	-25.2K	274.9K	-677	17.00	124.58	N/A	N/A	1	17	0	183
2022-04-27	$23.19	$25.00	21.6%	6.2%	7.6%	17.1%	0.0%	-0.0%	-6.3%	-20.0K	254.8K	-755	0.00	133.61	N/A	N/A	0	1	1	184
2022-04-28	$23.15	$25.00	22.8%	6.5%	7.4%	18.3%	26.4%	1.7%	-9.4%	-23.4K	283.0K	-659	17.00	131.45	N/A	N/A	1	17	1	185
2022-04-29	$23.05	$25.00	17.5%	5.0%	7.4%	13.1%	18.0%	41.2%	-0.3%	-29.0K	300.7K	-660	54.00	132.44	N/A	N/A	1	54	1	190