SPMB Options History — November 2023

In November 2023, SPMB traded between $20.52 and $21.38. ATM implied volatility averaged 34.9%, placing in the 28.7% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 24.3% (HV 20d: 10.6%). Max pain ranged from $18.00 to $22.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.32.

Notable Days

  • 2023-11-09: Highest Volume — 247 contracts
  • 2023-11-03: Largest IV spike — 194.7% change
  • 2023-11-28: Highest IV Rank — 42.2%
  • 2023-11-28: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.96$20.52$21.38$20.52$21.27
Max Pain$19.48$18.00$22.00$22.00$20.00
ATM IV34.9%10.3%46.8%32.0%32.0%
Expected Move10.1%8.2%13.4%9.2%9.2%
HV 20d10.6%10.1%11.3%10.1%10.5%
HV 60d9.8%9.1%10.3%9.1%10.1%
IV Rank28.7%2.2%42.2%18.4%26.3%
IV Percentile46.3%0.4%86.1%27.8%27.8%
Term Structure-11.2%-31.8%56.2%-5.1%-11.9%
VWIV32.5%25.0%38.4%38.4%34.2%
Skew 25d-0.9%-26.7%22.8%-20.8%6.6%
Skew 10d-5.0%-29.6%6.4%-23.4%0.4%
Call IV 25d26.2%11.1%39.5%31.7%11.7%
Put IV 25d25.3%10.9%41.1%10.9%18.2%
Bid-Ask Spread %142.96111.00156.65114.78116.74
Gamma HHI0.510.310.720.650.57
Net GEX22.9K14.4K47.5K16.2K47.5K
Net DEX-252.1K-375.3K-101.3K-142.6K-285.8K
Net VEX-1.7K-1.9K-1.3K-1.5K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.000.640.640.00
Total Volume12.81024709
Total OI605.238480739480616

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$20.52$22.0032.0%9.2%10.1%18.4%0.0%-20.8%-5.1%16.2K-142.6K-1.5K0.00114.78N/AN/A0041268
2023-11-02$20.63$18.0010.3%8.2%10.2%2.2%0.0%4.8%1.8%21.4K-101.3K-1.3K0.00111.00N/AN/A0041268
2023-11-03$20.84$18.0030.5%8.6%10.7%17.2%0.0%2.4%-26.6%16.5K-211.5K-1.6K0.00153.29N/AN/A0041268
2023-11-06$20.70$18.0034.4%8.6%10.3%28.9%0.0%-2.7%3.6%22.3K-141.0K-1.5K0.00150.33N/AN/A0041268
2023-11-07$20.84$18.0037.0%9.2%10.6%31.7%0.0%1.4%-9.5%16.2K-204.6K-1.6K0.00156.65N/AN/A0041268
2023-11-08$20.91$18.0032.1%9.2%10.5%26.4%0.0%-0.7%-6.9%22.2K-165.1K-1.5K0.00121.55N/AN/A0041268
2023-11-09$20.71$18.0032.6%9.3%10.6%27.0%38.4%22.8%-8.2%15.5K-185.2K-1.5K0.64155.28N/AN/A1519641268
2023-11-10$20.74$19.0030.9%8.9%10.5%25.2%25.0%7.0%-0.6%17.2K-191.3K-1.6K0.00146.23N/AN/A012563164
2023-11-13$20.73$20.0037.1%10.6%10.2%31.9%0.0%-1.3%-10.0%18.0K-190.8K-1.9K0.00149.71N/AN/A00563176
2023-11-14$21.07$20.0035.4%10.2%11.0%30.0%0.0%20.5%-19.3%21.5K-256.5K-1.9K0.00139.18N/AN/A00563176
2023-11-15$20.91$20.0036.1%10.4%11.3%30.8%0.0%2.0%-10.2%26.1K-215.7K-1.9K0.00150.64N/AN/A00563176
2023-11-16$21.04$20.0030.4%8.7%11.0%24.6%0.0%17.1%56.2%21.3K-211.3K-1.5K0.00150.46N/AN/A00563176
2023-11-17$21.09$20.0036.1%10.4%11.0%30.8%0.0%0.9%-28.9%14.4K-284.1K-1.9K0.00151.72N/AN/A00563176
2023-11-20$21.11$20.0037.6%10.8%11.0%32.4%0.0%-10.3%-31.8%23.8K-360.2K-1.9K0.00155.83N/AN/A00504112
2023-11-21$21.13$20.0039.6%11.3%11.0%34.5%0.0%-22.4%-21.2%24.6K-358.7K-1.9K0.00142.10N/AN/A10504112
2023-11-22$21.13$20.0040.4%11.6%10.2%35.4%0.0%0.5%-19.8%24.2K-362.3K-1.9K0.00150.38N/AN/A00504112
2023-11-24$20.98$20.0040.5%11.6%10.5%35.5%0.0%4.3%-20.5%23.5K-331.2K-1.8K0.00149.27N/AN/A00504112
2023-11-27$21.14$20.0043.0%12.3%10.7%38.1%0.0%1.5%-10.3%26.6K-350.2K-1.7K0.00155.43N/AN/A00504112
2023-11-28$21.26$20.0046.8%13.4%10.6%42.2%0.0%-26.4%-26.0%26.0K-375.3K-1.8K0.00141.30N/AN/A00504112
2023-11-29$21.38$20.0037.6%10.8%10.6%32.4%0.0%-26.7%-29.3%35.8K-369.1K-1.7K0.00140.18N/AN/A00504112
2023-11-30$21.27$20.0032.0%9.2%10.5%26.3%34.2%6.6%-11.9%47.5K-285.8K-1.5K0.00116.74N/AN/A09504112