SPMB Options History — October 2023

In October 2023, SPMB traded between $20.09 and $20.74. ATM implied volatility averaged 39.6%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 29.1% (HV 20d: 10.5%). Max pain ranged from $21.00 to $22.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.20.

Notable Days

  • 2023-10-25: Highest Volume — 11 contracts
  • 2023-10-05: Largest IV spike — 66.3% change
  • 2023-10-27: Highest IV Rank — 39.6%
  • 2023-10-27: Largest Expected Move — 17.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.39$20.09$20.74$20.55$20.30
Max Pain$21.86$21.00$22.00$21.00$22.00
ATM IV39.6%19.4%60.4%28.2%50.4%
Expected Move11.0%5.6%17.3%8.1%14.5%
HV 20d10.5%7.7%11.7%7.7%9.9%
HV 60d8.8%8.1%9.1%8.1%8.8%
IV Rank24.0%9.0%39.6%15.5%32.2%
IV Percentile59.5%4.4%94.0%16.7%86.9%
Term Structure-13.0%-25.0%13.1%-8.1%-25.0%
VWIV8.1%8.1%8.1%8.1%8.1%
Skew 25d-5.2%-35.4%31.9%-22.3%-28.3%
Skew 10d-1.1%-60.5%29.6%-23.8%-9.5%
Call IV 25d31.0%12.0%51.9%33.8%42.9%
Put IV 25d25.8%9.9%56.8%11.5%14.6%
Bid-Ask Spread %142.31124.32154.94130.87142.32
Gamma HHI0.480.340.730.380.68
Net GEX10.2K2.3K22.0K6.0K18.9K
Net DEX-55.2K-217.1K101.2K-61.6K-126.8K
Net VEX-1.6K-2.0K-867-2.0K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.000.400.400.00
Total Volume1.45501100
Total OI536.818463572572480

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$20.55$21.0028.2%8.1%7.7%15.5%0.0%-22.3%-8.1%6.0K-61.6K-2.0K0.00130.87N/AN/A00397175
2023-10-03$20.27$21.0021.1%6.1%8.5%10.3%8.1%-8.5%11.8%4.4K-10.6K-1.9K0.00132.48N/AN/A02397175
2023-10-04$20.45$21.0019.4%5.6%9.4%9.0%0.0%-23.4%13.1%11.1K58.7K-1.5K0.00124.56N/AN/A00397175
2023-10-05$20.52$22.0032.3%9.6%9.5%18.6%0.0%1.2%-7.2%5.0K-61.9K-2.0K0.00154.94N/AN/A00397175
2023-10-06$20.45$22.0043.4%13.0%9.4%26.9%0.0%31.9%-18.9%18.1K21.0K-1.6K0.00153.26N/AN/A00397175
2023-10-09$20.68$22.0037.0%9.9%10.5%22.1%0.0%2.7%-13.1%7.0K-79.7K-1.9K0.00153.66N/AN/A00397175
2023-10-10$20.66$22.0052.5%6.7%10.4%33.7%0.0%-0.7%-11.9%11.8K-34.8K-1.8K0.00152.06N/AN/A00397175
2023-10-11$20.74$22.0034.5%9.9%10.5%20.3%0.0%1.2%-8.2%6.6K-105.3K-2.0K0.00154.35N/AN/A00397175
2023-10-12$20.55$22.0033.6%9.6%10.8%19.6%0.0%1.0%-7.3%5.8K-54.9K-1.9K0.00153.39N/AN/A00397175
2023-10-13$20.62$22.0037.7%10.8%11.0%22.7%0.0%2.4%-10.4%5.4K-25.4K-1.7K0.00147.96N/AN/A00397175
2023-10-16$20.48$22.0047.1%13.5%11.0%29.7%0.0%21.2%-24.5%6.1K45.3K-1.4K0.00140.05N/AN/A00397175
2023-10-17$20.31$22.0038.4%11.0%11.3%23.2%0.0%-4.9%-23.7%8.6K-42.8K-1.7K0.00131.56N/AN/A010397175
2023-10-18$20.20$22.0038.1%10.9%11.3%23.0%0.0%-1.5%-24.0%5.7K101.2K-8670.00145.38N/AN/A01397145
2023-10-19$20.09$22.0036.7%10.5%11.1%21.9%0.0%0.9%-12.8%2.3K-45.1K-1.6K0.00153.58N/AN/A00397146
2023-10-20$20.14$22.0051.5%14.8%11.0%33.0%0.0%25.8%-14.8%4.3K-39.8K-1.5K0.00143.90N/AN/A00397146
2023-10-23$20.20$22.0038.2%10.9%10.8%23.0%0.0%-21.1%-5.5%16.8K-114.1K-1.4K0.40136.41N/AN/A5239766
2023-10-24$20.31$22.0042.5%12.2%11.1%26.2%0.0%-19.1%-17.0%17.1K-139.5K-1.5K0.00140.89N/AN/A0040267
2023-10-25$20.13$22.0043.0%12.3%11.3%26.6%0.0%-24.2%-17.9%15.0K-139.3K-1.5K0.00145.36N/AN/A11040267
2023-10-26$20.31$22.0043.7%12.5%11.7%27.1%0.0%-0.8%-18.4%22.0K-40.8K-1.1K0.00128.99N/AN/A0041267
2023-10-27$20.34$22.0060.4%17.3%11.7%39.6%0.0%-35.4%-18.8%13.3K-217.1K-1.7K0.00140.50N/AN/A0041267
2023-10-30$20.27$22.0040.5%11.6%11.0%24.7%0.0%-11.7%-23.2%13.1K-100.1K-1.4K0.00124.32N/AN/A0141267
2023-10-31$20.30$22.0050.4%14.5%9.9%32.2%0.0%-28.3%-25.0%18.9K-126.8K-1.4K0.00142.32N/AN/A0041268