SPMB Options History — May 2022

In May 2022, SPMB traded between $22.75 and $23.42. ATM implied volatility averaged 29.9%, placing in the 25.3% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 21.7% (HV 20d: 8.3%). Max pain ranged from $22.00 to $25.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 4.40.

Notable Days

  • 2022-05-18: Highest Volume — 138 contracts
  • 2022-05-25: Largest IV spike — 183.0% change
  • 2022-05-25: Highest IV Rank — 53.9%
  • 2022-05-25: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.10$22.75$23.42$22.85$23.26
Max Pain$22.90$22.00$25.00$25.00$22.00
ATM IV29.9%14.6%59.4%14.6%50.2%
Expected Move7.9%4.2%17.0%4.2%14.4%
HV 20d8.3%7.6%8.8%7.6%7.8%
HV 60d7.3%6.8%7.7%6.8%7.4%
IV Rank25.3%10.3%53.9%10.3%45.0%
IV Percentile62.8%19.8%95.6%19.8%91.7%
Term Structure-10.4%-35.7%19.6%-7.9%-20.5%
VWIV28.1%17.5%41.4%21.3%39.2%
Skew 25d-3.4%-37.8%45.2%-0.2%-12.8%
Skew 10d3.4%-20.5%59.3%1.4%4.4%
Call IV 25d35.0%19.4%81.3%28.6%71.4%
Put IV 25d31.5%9.0%79.0%28.4%58.6%
Bid-Ask Spread %133.51121.74147.98134.11135.83
Gamma HHI0.530.400.770.450.51
Net GEX-12.1K-37.5K8.5K-21.4K8.5K
Net DEX232.2K92.2K330.0K278.5K138.0K
Net VEX-1.0K-1.4K-600-756-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.400.2522.0021.000.28
Total Volume96.6672213822123
Total OI310.905225369225367

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$22.85$25.0014.6%4.2%7.6%10.3%21.3%-0.2%-7.9%-21.4K278.5K-75621.00134.11N/AN/A1211224
2022-05-03$22.90$25.0017.0%4.9%7.6%12.7%25.7%-0.8%-9.4%-21.6K279.5K-73521.00130.19N/AN/A1211224
2022-05-04$23.05$25.0039.4%11.3%7.8%34.4%41.4%-37.8%-25.2%-26.5K247.9K-96022.00147.98N/AN/A1221224
2022-05-05$22.82$0.0017.0%5.4%8.4%12.6%0.0%-10.3%-5.3%-37.5K323.6K-76822.00121.74N/AN/A1221225
2022-05-06$22.75$0.0027.1%5.2%8.4%22.5%0.0%1.3%-6.0%-21.7K330.0K-6000.42131.43N/AN/A53221224
2022-05-09$22.88$0.0044.3%5.9%8.6%39.3%0.0%-0.5%-6.9%-11.1K283.4K-8120.34133.72N/AN/A531853223
2022-05-10$22.99$0.0049.4%8.1%8.8%44.2%0.0%-13.1%-21.9%-11.1K250.9K-9230.57130.94N/AN/A533053222
2022-05-11$23.05$0.0018.8%5.4%8.6%14.4%0.0%-0.7%-9.8%-13.2K267.3K-9450.72130.46N/AN/A533853235
2022-05-12$23.17$0.0019.6%5.6%8.8%15.2%0.0%1.2%-8.9%-17.3K274.8K-9900.39130.93N/AN/A923653255
2022-05-13$23.07$0.0021.1%6.1%8.7%16.7%0.0%45.2%-5.1%-10.1K249.2K-1.2K0.36124.30N/AN/A923392260
2022-05-16$23.16$0.0037.1%10.6%8.8%32.2%0.0%-8.3%-35.7%-12.5K248.2K-1.2K0.36134.39N/AN/A923392262
2022-05-17$23.02$0.0020.7%5.9%8.5%16.3%0.0%0.7%-8.1%-14.9K216.5K-1.4K0.36133.71N/AN/A923392262
2022-05-18$23.10$0.0019.7%5.7%8.5%15.3%0.0%3.8%-10.3%-18.1K262.9K-1.1K0.50132.94N/AN/A924692262
2022-05-19$23.16$0.0020.7%5.9%8.3%16.2%25.3%1.9%19.6%-19.1K253.0K-1.1K0.37134.23N/AN/A923492276
2022-05-20$23.23$22.0039.1%11.2%8.3%34.2%17.5%-15.0%-12.4%-19.5K196.6K-1.2K0.37133.45N/AN/A923492277
2022-05-23$23.14$22.0021.9%6.3%7.9%17.5%26.6%0.7%-3.6%1.9K224.5K-9430.26131.51N/AN/A912491229
2022-05-24$23.31$22.0021.0%6.0%8.3%16.5%19.2%-4.9%-3.2%-4.0K181.2K-1.0K0.25132.76N/AN/A962491229
2022-05-25$23.36$22.0059.4%17.0%8.3%53.9%26.2%-1.4%-18.3%6.2K148.8K-1.4K0.28145.46N/AN/A9627135229
2022-05-26$23.37$22.0024.6%7.0%8.2%20.0%35.4%-22.9%-17.0%2.5K129.0K-1.4K0.28136.15N/AN/A9627135232
2022-05-27$23.42$22.0046.1%13.2%8.0%41.0%31.7%1.7%-3.4%7.2K92.2K-1.2K0.28137.57N/AN/A9627135232
2022-05-31$23.26$22.0050.2%14.4%7.8%45.0%39.2%-12.8%-20.5%8.5K138.0K-1.2K0.28135.83N/AN/A9627135232