SPMB Options History — September 2023

In September 2023, SPMB traded between $20.73 and $21.37. ATM implied volatility averaged 39.5%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 32.2% (HV 20d: 7.2%). Max pain ranged from $21.00 to $22.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-09-14: Highest Volume — 332 contracts
  • 2023-09-11: Largest IV spike — 94.6% change
  • 2023-09-12: Highest IV Rank — 41.7%
  • 2023-09-18: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.13$20.73$21.37$21.37$20.81
Max Pain$21.05$21.00$22.00$22.00$21.00
ATM IV39.5%28.2%63.3%34.4%42.0%
Expected Move10.4%8.2%13.4%9.9%12.0%
HV 20d7.2%6.6%8.0%7.5%7.0%
HV 60d7.9%7.8%8.1%8.1%7.8%
IV Rank24.0%15.6%41.7%20.2%25.8%
IV Percentile60.2%20.2%95.2%46.4%71.8%
Term Structure-15.2%-30.5%5.1%5.1%-9.6%
VWIV16.7%16.7%16.7%16.7%16.7%
Skew 25d-0.8%-22.6%27.0%-0.6%-9.5%
Skew 10d1.5%-26.5%30.2%7.6%3.0%
Call IV 25d33.4%21.1%72.0%72.0%36.7%
Put IV 25d32.6%13.1%71.4%71.4%27.2%
Bid-Ask Spread %150.69142.51155.99145.06147.45
Gamma HHI0.430.280.550.280.44
Net GEX5.7K-6.5K20.1K-88312.4K
Net DEX-37.5K-216.6K112.9K29.5K-106.1K
Net VEX-1.5K-2.4K-440-440-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume21.850332810
Total OI405.8148572148572

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$21.37$22.0034.4%9.9%7.5%20.2%0.0%-0.6%5.1%-88329.5K-4400.00145.06N/AN/A0817177
2023-09-05$21.21$21.0038.4%8.7%8.0%23.2%16.7%-0.2%-17.2%-6.5K107.6K-6610.00154.49N/AN/A0171158
2023-09-06$21.19$21.0035.8%8.2%7.7%21.2%0.0%-4.0%-15.8%-6.1K112.9K-6380.00155.36N/AN/A0071158
2023-09-07$21.24$21.0038.8%8.8%7.7%23.5%0.0%9.0%-17.7%-5.7K110.1K-6480.00154.01N/AN/A0071158
2023-09-08$21.27$21.0028.2%12.1%7.5%15.6%0.0%-5.3%-18.9%-4.8K107.1K-6410.00152.37N/AN/A4071158
2023-09-11$21.24$21.0054.9%9.0%7.2%35.5%0.0%1.3%-19.1%-5.8K108.7K-6270.00155.99N/AN/A0075158
2023-09-12$21.27$21.0063.3%9.5%7.2%41.7%0.0%-1.4%-20.4%-5.6K107.1K-6320.00151.02N/AN/A0075158
2023-09-13$21.34$21.0033.5%9.6%7.2%19.5%0.0%1.3%-20.6%-5.4K102.4K-6230.00153.16N/AN/A0075158
2023-09-14$21.30$21.0033.5%9.6%7.2%19.5%0.0%-0.5%-20.2%-4.9K108.7K-6130.00152.43N/AN/A332075158
2023-09-15$21.24$21.0034.6%9.9%7.3%20.3%0.0%-0.9%-21.8%16.4K-204.1K-2.4K0.00152.88N/AN/A00407158
2023-09-18$21.29$21.0046.7%13.4%7.2%29.4%0.0%27.0%-21.2%13.8K-216.6K-2.4K0.00151.02N/AN/A00395158
2023-09-19$21.21$21.0036.8%10.5%7.1%22.0%0.0%-3.8%-23.1%13.3K-198.1K-2.4K0.00149.26N/AN/A00395158
2023-09-20$21.21$21.0036.3%10.4%7.1%21.6%0.0%2.7%-22.6%13.8K-193.1K-2.3K0.00142.51N/AN/A00395158
2023-09-21$21.02$21.0034.5%9.9%6.6%20.3%0.0%-4.5%-30.5%14.4K-155.3K-2.3K0.00152.29N/AN/A00395158
2023-09-22$21.09$21.0035.6%10.2%6.7%21.1%0.0%-11.6%-6.0%14.6K-164.2K-2.3K0.00144.43N/AN/A00395158
2023-09-25$20.89$21.0037.9%10.9%7.4%22.8%0.0%1.9%-7.2%13.4K-134.8K-2.1K0.00151.53N/AN/A20395158
2023-09-26$20.88$21.0040.4%11.6%7.2%24.7%0.0%-22.6%-6.8%13.5K-133.9K-2.1K0.00149.35N/AN/A00397158
2023-09-27$20.73$21.0041.4%11.9%6.9%25.4%0.0%-3.8%-6.6%13.7K-102.4K-2.1K0.00152.91N/AN/A00397158
2023-09-28$20.81$21.0042.3%12.1%7.2%26.1%0.0%9.3%-3.2%20.1K-36.3K-1.8K0.00146.34N/AN/A017397158
2023-09-29$20.81$21.0042.0%12.0%7.0%25.8%0.0%-9.5%-9.6%12.4K-106.1K-2.1K0.00147.45N/AN/A00397175