SPMB Options History — December 2022

In December 2022, SPMB traded between $21.70 and $22.34. ATM implied volatility averaged 33.8%, placing in the 21.7% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 24.5% (HV 20d: 9.2%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2022-12-07: Highest Volume — 80 contracts
2022-12-30: Largest IV spike — 508.4% change
2022-12-13: Highest IV Rank — 42.4%
2022-12-19: Largest Expected Move — 15.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$22.03	$21.70	$22.34	$22.04	$21.70
Max Pain	$22.00	$22.00	$22.00	$22.00	$22.00
ATM IV	33.8%	7.4%	62.2%	27.3%	44.9%
Expected Move	8.7%	2.1%	15.2%	7.8%	12.9%
HV 20d	9.2%	7.8%	11.5%	10.7%	8.5%
HV 60d	27.1%	9.4%	66.2%	66.1%	9.4%
IV Rank	21.7%	2.5%	42.4%	17.0%	29.8%
IV Percentile	58.8%	2.4%	92.5%	56.0%	79.8%
Term Structure	-4.7%	-21.3%	27.6%	-9.2%	-21.3%
VWIV	39.9%	13.7%	66.1%	13.7%	66.1%
Skew 25d	7.4%	-36.4%	58.2%	-0.4%	49.7%
Skew 10d	6.2%	-21.3%	81.7%	-16.4%	33.4%
Call IV 25d	31.6%	6.7%	75.3%	34.7%	39.8%
Put IV 25d	39.0%	11.2%	89.5%	34.3%	89.5%
Bid-Ask Spread %	141.08	98.54	156.46	136.80	145.83
Gamma HHI	0.34	0.23	0.57	0.40	0.25
Net GEX	-3.6K	-11.0K	9.8K	-10.5K	-4.7K
Net DEX	31.1K	-25.7K	131.5K	122.9K	-6.1K
Net VEX	-886	-1.5K	-255	-940	-1.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	7.952	0	80	1	1
Total OI	336.762	254	417	254	417

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-12-01	$22.04	$0.00	27.3%	7.8%	10.7%	17.0%	0.0%	-0.4%	-9.2%	-10.5K	122.9K	-940	136.80	N/A	N/A	1	0	10	244
2022-12-02	$22.13	$0.00	28.2%	8.1%	10.4%	17.6%	0.0%	-12.5%	17.5%	-9.9K	100.8K	-752	140.84	N/A	N/A	0	0	11	244
2022-12-05	$21.93	$22.00	31.2%	8.7%	11.2%	19.8%	0.0%	-0.4%	-8.3%	-10.3K	131.5K	-936	156.46	N/A	N/A	0	5	11	244
2022-12-06	$21.98	$22.00	33.6%	9.4%	11.0%	21.5%	0.0%	4.5%	-5.3%	-11.0K	98.7K	-702	139.68	N/A	N/A	0	0	11	249
2022-12-07	$22.21	$22.00	44.0%	10.9%	11.3%	29.1%	0.0%	15.2%	-6.8%	-5.4K	18.6K	-255	151.49	N/A	N/A	80	0	11	249
2022-12-08	$22.13	$22.00	35.4%	7.6%	11.5%	22.9%	0.0%	3.9%	-8.3%	-5.5K	42.2K	-1.2K	153.10	N/A	N/A	0	1	91	249
2022-12-09	$22.02	$22.00	61.7%	9.5%	8.2%	42.1%	0.0%	-7.2%	-9.5%	-5.8K	56.1K	-1.2K	156.04	N/A	N/A	0	0	91	250
2022-12-12	$22.02	$22.00	29.9%	9.8%	8.2%	18.8%	0.0%	16.4%	-3.7%	-5.6K	22.6K	-914	129.63	N/A	N/A	0	2	91	250
2022-12-13	$22.21	$22.00	62.2%	9.6%	8.5%	42.4%	0.0%	-0.6%	-9.2%	5.5K	-18.2K	-489	140.40	N/A	N/A	0	0	91	252
2022-12-14	$22.31	$22.00	50.5%	14.5%	8.4%	33.9%	0.0%	-8.6%	-10.7%	7.3K	-15.7K	-563	155.95	N/A	N/A	0	1	91	252
2022-12-15	$22.34	$22.00	34.3%	9.8%	8.1%	22.1%	0.0%	8.4%	-11.0%	9.8K	-25.7K	-489	155.89	N/A	N/A	0	4	91	252
2022-12-16	$22.31	$22.00	39.5%	11.3%	7.8%	25.8%	0.0%	12.0%	-13.9%	-4.9K	7.1K	-919	155.81	N/A	N/A	0	0	91	256
2022-12-19	$22.13	$22.00	53.1%	15.2%	8.5%	35.8%	0.0%	50.0%	-12.9%	-6.2K	24.5K	-943	144.94	N/A	N/A	0	0	91	254
2022-12-20	$21.98	$22.00	13.4%	3.8%	8.9%	6.9%	0.0%	58.2%	0.8%	1.2K	20.3K	-404	98.54	N/A	N/A	0	0	91	254
2022-12-21	$21.99	$22.00	16.1%	4.6%	8.7%	8.8%	13.7%	2.5%	27.6%	-6.9K	31.7K	-930	130.65	N/A	N/A	23	0	91	254
2022-12-22	$21.98	$22.00	20.3%	5.8%	8.6%	11.9%	0.0%	-0.1%	-6.0%	-4.2K	6.7K	-978	137.40	N/A	N/A	0	0	114	254
2022-12-23	$21.93	$22.00	19.6%	5.6%	8.6%	11.3%	0.0%	-0.2%	-3.7%	-4.5K	14.3K	-992	140.47	N/A	N/A	0	0	114	254
2022-12-27	$21.79	$22.00	21.1%	6.1%	8.9%	12.5%	0.0%	-0.4%	-3.5%	-4.6K	14.2K	-803	126.93	N/A	N/A	49	0	114	254
2022-12-28	$21.73	$22.00	35.4%	10.1%	8.8%	22.8%	0.0%	-36.4%	-1.3%	-2.7K	19.3K	-1.5K	148.63	N/A	N/A	0	0	163	254
2022-12-29	$21.82	$22.00	7.4%	2.1%	8.6%	2.5%	0.0%	1.2%	-0.4%	3.6K	-12.7K	-1.3K	117.29	N/A	N/A	0	0	163	254
2022-12-30	$21.70	$22.00	44.9%	12.9%	8.5%	29.8%	66.1%	49.7%	-21.3%	-4.7K	-6.1K	-1.3K	145.83	N/A	N/A	1	0	163	254