SPMB Options History — July 2023

In July 2023, SPMB traded between $21.46 and $21.96. ATM implied volatility averaged 34.0%, placing in the 20.1% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 25.9% (HV 20d: 8.1%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-07-13: Highest Volume — 20 contracts
  • 2023-07-12: Largest IV spike — 199.6% change
  • 2023-07-31: Highest IV Rank — 37.1%
  • 2023-07-31: Largest Expected Move — 16.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.75$21.46$21.96$21.77$21.77
Max Pain$22.00$22.00$22.00$22.00$22.00
ATM IV34.0%10.8%56.9%26.9%56.9%
Expected Move10.0%7.6%16.3%7.7%16.3%
HV 20d8.1%7.4%8.8%7.4%8.2%
HV 60d7.7%7.4%8.0%7.6%7.4%
IV Rank20.1%2.9%37.1%14.9%37.1%
IV Percentile51.6%9.9%91.3%29.8%91.3%
Term Structure-8.0%-27.1%11.1%-6.1%-19.5%
VWIV27.9%14.3%41.5%14.3%41.5%
Skew 25d-4.0%-32.4%19.0%-0.3%0.7%
Skew 10d0.4%-23.0%32.2%0.9%7.2%
Call IV 25d39.3%10.0%76.6%32.5%76.6%
Put IV 25d35.2%11.9%77.3%32.2%77.3%
Bid-Ask Spread %149.11137.75152.18140.32151.47
Gamma HHI0.410.260.510.490.43
Net GEX5.5K4.7K6.7K6.0K4.7K
Net DEX-48.1K-70.0K9.9K-62.6K-50.7K
Net VEX-611-696-367-646-591
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.3502000
Total OI182.7172191172190

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$21.77$0.0026.9%7.7%7.4%14.9%0.0%-0.3%-6.1%6.0K-62.6K-6460.00140.32N/AN/A0013735
2023-07-05$21.63$0.0028.5%8.2%7.8%16.1%0.0%-32.4%-10.0%5.9K-55.8K-6310.00137.75N/AN/A0013735
2023-07-06$21.46$22.0033.0%8.0%8.1%19.4%0.0%-18.4%-16.7%5.2K-55.9K-6230.00151.32N/AN/A0013735
2023-07-07$21.46$22.0032.6%7.6%7.9%19.1%0.0%1.8%-15.7%5.2K9.9K-3670.00140.08N/AN/A0013735
2023-07-10$21.55$22.0036.9%11.8%7.6%22.3%0.0%-23.3%-27.1%5.2K-59.8K-6310.00151.31N/AN/A0013735
2023-07-11$21.59$22.0010.8%9.9%7.6%2.9%0.0%-4.2%-12.7%6.7K-38.7K-5610.00150.96N/AN/A0013735
2023-07-12$21.81$22.0032.5%9.3%8.5%19.0%0.0%1.4%0.4%6.3K-61.9K-6160.00150.63N/AN/A0013735
2023-07-13$21.96$22.0032.8%9.4%8.5%19.3%0.0%-4.8%-10.5%6.3K-70.0K-6280.00151.72N/AN/A02013735
2023-07-14$21.87$22.0031.5%9.0%8.7%18.3%0.0%-1.9%-8.5%5.3K-53.2K-6960.00151.79N/AN/A1013751
2023-07-17$21.88$22.0032.9%9.4%8.1%19.4%0.0%16.7%-7.8%5.3K-55.6K-6810.00152.18N/AN/A0013851
2023-07-18$21.91$22.0032.9%9.4%8.1%19.4%0.0%19.0%-8.4%5.1K-59.6K-6770.00152.00N/AN/A0213851
2023-07-19$21.95$22.0034.0%9.7%8.1%20.2%0.0%-26.1%-8.6%5.3K-58.1K-6700.00151.78N/AN/A0013852
2023-07-20$21.81$22.0034.1%9.8%8.4%20.3%0.0%-12.6%11.1%4.9K-53.0K-6670.00151.41N/AN/A0013852
2023-07-21$21.81$22.0030.7%8.8%8.2%17.7%14.3%5.5%3.5%6.4K732-4540.00139.98N/AN/A3013852
2023-07-24$21.81$22.0030.6%8.8%8.1%17.7%0.0%-1.8%4.1%5.8K-47.7K-6300.00151.72N/AN/A0014051
2023-07-25$21.77$22.0046.5%13.3%8.0%29.4%41.5%3.6%-6.6%4.9K-58.2K-6410.00151.91N/AN/A1014051
2023-07-26$21.87$22.0037.7%10.8%8.2%22.8%0.0%-1.9%-6.2%5.5K-50.2K-6140.00151.88N/AN/A0013951
2023-07-27$21.66$22.0038.6%11.1%8.8%23.5%0.0%-0.3%-8.5%5.1K-37.2K-5860.00150.45N/AN/A0013951
2023-07-28$21.76$22.0039.5%11.3%8.3%24.2%0.0%-1.7%-7.0%5.4K-44.2K-6040.00151.46N/AN/A0013951
2023-07-31$21.77$22.0056.9%16.3%8.2%37.1%0.0%0.7%-19.5%4.7K-50.7K-5910.00151.47N/AN/A0013951