SPMB Options History — April 2023

In April 2023, SPMB traded between $21.98 and $22.41. ATM implied volatility averaged 42.3%, placing in the 26.8% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 33.5% (HV 20d: 8.8%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.38.

Notable Days

  • 2023-04-04: Highest Volume — 7 contracts
  • 2023-04-10: Largest IV spike — 105.7% change
  • 2023-04-10: Highest IV Rank — 59.8%
  • 2023-04-13: Largest Expected Move — 17.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.18$21.98$22.41$22.21$22.20
Max Pain$22.00$22.00$22.00$22.00$22.00
ATM IV42.3%26.7%86.9%26.7%53.3%
Expected Move11.0%7.6%17.2%7.6%15.3%
HV 20d8.8%6.7%10.7%10.4%6.8%
HV 60d8.9%8.8%9.3%9.3%8.8%
IV Rank26.8%15.4%59.8%15.4%34.6%
IV Percentile65.3%40.9%99.2%40.9%86.5%
Term Structure-11.7%-39.9%26.9%10.7%-17.1%
VWIV22.3%22.3%22.3%22.3%22.3%
Skew 25d-6.8%-93.4%30.6%28.6%-32.3%
Skew 10d-4.0%-22.0%15.5%7.9%-13.4%
Call IV 25d36.7%15.2%111.1%32.9%58.6%
Put IV 25d29.9%14.5%68.6%61.5%26.2%
Bid-Ask Spread %144.35129.66152.79136.24148.18
Gamma HHI0.240.220.280.250.25
Net GEX4.8K2.4K8.8K3.0K4.7K
Net DEX-70.7K-100.7K-41.8K-86.4K-67.2K
Net VEX-904-1.1K-761-997-846
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.000.750.750.00
Total Volume0.5260700
Total OI255.158249257249255

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$22.21$22.0026.7%7.6%10.4%15.4%0.0%28.6%10.7%3.0K-86.4K-9970.00136.24N/AN/A00145104
2023-04-04$22.34$22.0043.0%12.3%10.4%27.5%0.0%30.6%11.0%5.2K-72.6K-9350.75137.11N/AN/A43145104
2023-04-05$22.41$22.0029.2%8.4%10.4%17.3%0.0%1.7%10.8%4.3K-95.3K-1.0K0.00135.64N/AN/A00149107
2023-04-06$22.38$22.0042.2%11.2%10.4%26.9%0.0%-14.9%-15.3%3.1K-97.4K-1.1K0.00148.11N/AN/A00149107
2023-04-10$22.16$22.0086.9%14.1%10.7%59.8%0.0%-47.9%-20.2%3.2K-75.3K-1.0K0.00150.93N/AN/A01149107
2023-04-11$22.20$22.0075.4%11.5%10.1%51.4%0.0%10.6%-15.8%8.8K-51.8K-8850.00129.66N/AN/A00149107
2023-04-12$22.27$22.0030.7%8.8%9.8%18.3%0.0%-1.6%-16.3%5.8K-63.1K-8450.00146.97N/AN/A00149107
2023-04-13$22.24$22.0060.2%17.2%9.4%40.1%0.0%-93.4%-39.9%2.4K-81.2K-1.1K0.00152.79N/AN/A00149107
2023-04-14$22.12$22.0041.9%12.0%9.5%26.6%0.0%-5.7%-17.5%3.6K-76.1K-9700.00146.81N/AN/A00149107
2023-04-17$21.98$22.0032.9%9.4%9.1%19.9%0.0%0.7%-17.5%4.2K-41.8K-7990.00147.10N/AN/A00149107
2023-04-18$21.99$22.0033.4%9.6%8.7%20.3%22.3%-2.4%-10.0%4.2K-56.0K-8970.00148.28N/AN/A20149107
2023-04-19$22.02$22.0044.4%12.7%8.6%28.5%0.0%-10.0%-38.7%5.4K-51.6K-8590.00135.82N/AN/A00150107
2023-04-20$22.11$22.0034.9%10.0%7.7%21.4%0.0%2.7%26.9%4.3K-65.5K-8970.00148.42N/AN/A00150107
2023-04-21$22.09$22.0028.7%8.2%7.5%16.9%0.0%0.5%-11.4%6.4K-100.7K-7610.00142.60N/AN/A00150107
2023-04-24$22.16$22.0036.4%10.4%7.6%22.0%0.0%-5.2%-13.9%8.4K-49.1K-7740.00140.83N/AN/A00148107
2023-04-25$22.29$22.0034.7%10.0%6.7%20.7%0.0%11.5%-17.2%4.7K-76.3K-8610.00152.06N/AN/A00148107
2023-04-26$22.18$22.0037.9%10.9%6.7%23.1%0.0%-3.1%-15.1%4.6K-69.1K-8430.00147.24N/AN/A00148107
2023-04-27$22.11$22.0030.8%8.8%6.7%17.8%0.0%0.5%-16.2%4.3K-66.8K-8190.00147.82N/AN/A00148107
2023-04-28$22.20$22.0053.3%15.3%6.8%34.6%0.0%-32.3%-17.1%4.7K-67.2K-8460.00148.18N/AN/A00148107