SPMB Options History — February 2023

In February 2023, SPMB traded between $21.73 and $22.62. ATM implied volatility averaged 36.7%, placing in the 22.8% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 28.9% (HV 20d: 7.8%). Max pain ranged from $19.00 to $22.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.02.

Notable Days

  • 2023-02-03: Highest Volume — 23 contracts
  • 2023-02-15: Largest IV spike — 64.7% change
  • 2023-02-28: Highest IV Rank — 39.9%
  • 2023-02-28: Largest Expected Move — 17.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.07$21.73$22.62$22.62$21.80
Max Pain$19.18$19.00$22.00$22.00$19.00
ATM IV36.7%18.4%59.9%18.4%59.9%
Expected Move10.7%5.3%17.2%5.3%17.2%
HV 20d7.8%6.9%8.6%8.1%7.9%
HV 60d8.5%8.1%9.6%9.2%8.3%
IV Rank22.8%9.3%39.9%9.3%39.9%
IV Percentile66.0%25.8%93.3%25.8%93.3%
Term Structure-8.7%-43.0%34.9%9.8%-43.0%
VWIV19.7%10.2%24.7%24.7%24.2%
Skew 25d-1.3%-14.8%9.7%8.5%0.8%
Skew 10d-0.6%-24.9%14.9%0.3%7.5%
Call IV 25d36.3%11.6%80.6%22.3%80.6%
Put IV 25d35.0%9.5%81.3%30.8%81.3%
Bid-Ask Spread %145.39118.02150.68132.79149.49
Gamma HHI0.340.180.570.570.18
Net GEX6.6K-420.1K14.9K112
Net DEX-60.7K-150.2K-16.7K-150.2K-22.4K
Net VEX-897-1.1K-681-818-848
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.020.000.100.000.00
Total Volume2.57902301
Total OI382.842216469425216

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$22.62$22.0018.4%5.3%8.1%9.3%0.0%8.5%9.8%14.9K-150.2K-8180.00132.79N/AN/A00169256
2023-02-02$22.59$0.0028.6%8.0%8.0%16.8%0.0%0.8%34.9%6.5K-107.6K-1.1K0.00150.68N/AN/A200169256
2023-02-03$22.41$0.0032.7%8.3%8.6%19.8%24.7%-4.9%-12.8%6.5K-112.3K-1.1K0.10146.20N/AN/A212189256
2023-02-06$22.20$19.0019.2%7.2%8.3%9.9%0.0%-12.7%-13.7%14.7K-94.6K-8030.00133.05N/AN/A00210258
2023-02-07$22.18$19.0027.2%11.5%8.2%15.8%0.0%2.8%-13.3%13.1K-82.1K-1.0K0.00149.93N/AN/A00210258
2023-02-08$22.23$19.0025.4%7.3%8.2%14.4%0.0%3.2%-14.5%20.1K-70.7K-6810.00118.02N/AN/A00210258
2023-02-09$22.18$19.0030.3%8.7%7.9%18.1%0.0%-14.8%-14.7%14.3K-100.7K-7870.00137.31N/AN/A00210258
2023-02-10$22.06$19.0030.0%8.6%7.6%17.8%0.0%0.6%-13.8%8.1K-69.2K-9930.00150.21N/AN/A00210258
2023-02-13$22.14$19.0041.4%11.9%7.7%26.3%0.0%-0.7%-16.5%6.8K-77.4K-1.0K0.00150.22N/AN/A00210258
2023-02-14$22.02$19.0027.0%7.7%7.8%15.6%10.2%9.7%16.3%5.3K-26.2K-8780.00147.99N/AN/A20210258
2023-02-15$22.01$19.0044.5%12.7%6.9%28.5%0.0%-1.0%-30.6%8.6K-60.6K-9330.00148.25N/AN/A00211258
2023-02-16$21.95$19.0045.8%13.1%6.9%29.5%0.0%4.4%21.5%388-42.2K-9700.00150.30N/AN/A00211258
2023-02-17$21.96$19.0046.1%13.2%6.9%29.7%0.0%-8.6%-13.1%5.1K-42.3K-8920.00150.09N/AN/A03211258
2023-02-21$21.73$19.0049.9%14.3%7.7%32.5%0.0%-0.7%-16.9%115-19.4K-8760.00149.95N/AN/A00110106
2023-02-22$21.79$19.0037.7%10.8%7.6%23.5%0.0%0.1%-7.7%500-17.9K-8110.00147.44N/AN/A00110106
2023-02-23$21.87$19.0052.0%14.9%7.6%34.1%0.0%-11.1%-20.9%498-24.2K-8600.00150.50N/AN/A00110106
2023-02-24$21.73$19.0038.9%11.2%7.8%24.4%0.0%-0.4%-7.1%-4-16.9K-8220.00149.99N/AN/A00110106
2023-02-27$21.79$19.0042.0%12.0%7.9%26.7%0.0%-0.3%-9.6%437-16.7K-8230.00150.02N/AN/A00110106
2023-02-28$21.80$19.0059.9%17.2%7.9%39.9%24.2%0.8%-43.0%112-22.4K-8480.00149.49N/AN/A10110106