SPMB Options History — December 2023

In December 2023, SPMB traded between $21.36 and $22.16. ATM implied volatility averaged 40.9%, placing in the 35.9% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 31.8% (HV 20d: 9.1%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-12-14: Highest Volume — 56 contracts
  • 2023-12-11: Largest IV spike — 204.6% change
  • 2023-12-11: Highest IV Rank — 81.7%
  • 2023-12-11: Largest Expected Move — 19.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.79$21.36$22.16$21.45$22.09
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV40.9%16.3%83.7%17.5%34.3%
Expected Move10.4%4.7%19.9%5.0%9.8%
HV 20d9.1%7.9%10.7%10.7%7.9%
HV 60d10.4%9.5%10.8%10.2%9.5%
IV Rank35.9%9.6%81.7%10.8%28.9%
IV Percentile49.9%1.6%99.2%2.8%40.1%
Term Structure0.3%-9.5%14.1%11.9%-3.6%
Skew 25d4.0%-24.5%85.8%-24.1%-24.5%
Skew 10d17.0%-27.6%100.5%-27.6%-0.8%
Call IV 25d27.4%10.4%53.4%34.6%37.0%
Put IV 25d31.4%10.4%118.7%10.4%12.5%
Bid-Ask Spread %137.4497.61155.54123.57126.09
Gamma HHI0.580.340.800.450.68
Net GEX29.0K14.9K62.9K29.7K20.6K
Net DEX-425.6K-499.4K-289.2K-383.0K-468.0K
Net VEX-1.4K-1.6K-1.3K-1.6K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume5.605600
Total OI543.2409695625429

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$21.45$21.0017.5%5.0%10.7%10.8%0.0%-24.1%11.9%29.7K-383.0K-1.6K0.00123.57N/AN/A00504121
2023-12-04$21.36$0.0025.9%9.2%10.4%19.9%0.0%-5.3%-8.4%18.7K-348.3K-1.4K0.00155.54N/AN/A00504121
2023-12-05$21.48$0.0064.7%9.4%10.1%61.4%0.0%3.1%-8.7%27.8K-405.7K-1.6K0.00154.28N/AN/A014504121
2023-12-06$21.54$0.0051.8%9.2%10.0%47.6%0.0%17.1%6.8%26.8K-405.0K-1.6K0.00153.23N/AN/A00504135
2023-12-07$21.59$0.0028.1%6.8%9.9%22.2%0.0%2.7%-4.1%50.4K-289.2K-1.4K0.00112.84N/AN/A00504135
2023-12-08$21.49$0.0027.5%9.6%9.3%21.5%0.0%0.5%-8.6%27.9K-380.4K-1.5K0.00154.40N/AN/A00504135
2023-12-11$21.49$0.0083.7%19.9%9.4%81.7%0.0%-7.6%-9.5%29.0K-386.1K-1.5K0.00141.38N/AN/A00504135
2023-12-12$21.54$0.0065.6%8.4%9.3%62.3%0.0%16.8%-5.5%23.3K-396.9K-1.4K0.00154.16N/AN/A00504135
2023-12-13$21.84$0.0053.2%15.2%8.8%49.0%0.0%82.3%-4.3%14.9K-499.4K-1.4K0.00154.31N/AN/A00504135
2023-12-14$22.04$0.0031.4%9.0%8.5%25.7%0.0%2.2%-8.8%35.8K-484.2K-1.4K0.00153.16N/AN/A560504135
2023-12-15$21.95$0.0065.7%18.8%8.7%62.5%0.0%85.8%-9.3%21.0K-469.5K-1.5K0.00149.81N/AN/A220560135
2023-12-18$21.84$0.0023.2%6.6%9.0%16.9%0.0%-16.8%10.2%23.4K-438.7K-1.5K0.00138.47N/AN/A004063
2023-12-19$21.87$0.0058.6%16.8%9.0%54.8%0.0%9.6%-2.8%24.2K-442.4K-1.4K0.00129.11N/AN/A0204063
2023-12-20$21.96$0.0040.0%11.5%9.1%34.9%0.0%-16.2%-5.4%18.7K-449.5K-1.5K0.00133.64N/AN/A0040623
2023-12-21$21.96$0.0030.9%8.9%9.1%25.2%0.0%-17.5%7.4%17.0K-452.9K-1.5K0.00134.31N/AN/A0040623
2023-12-22$21.98$0.0040.9%11.7%8.4%35.8%0.0%-20.8%9.6%54.0K-421.5K-1.4K0.00126.43N/AN/A0040623
2023-12-26$22.04$0.0032.9%9.4%8.2%27.3%0.0%-3.0%11.3%20.3K-454.1K-1.4K0.00132.63N/AN/A0040623
2023-12-27$22.16$0.0016.3%4.7%8.2%9.6%0.0%-6.0%13.4%62.9K-471.0K-1.3K0.00123.74N/AN/A0040623
2023-12-28$22.12$0.0025.9%7.4%8.2%19.9%0.0%1.8%14.1%34.0K-467.1K-1.4K0.0097.61N/AN/A0040623
2023-12-29$22.09$0.0034.3%9.8%7.9%28.9%0.0%-24.5%-3.6%20.6K-468.0K-1.4K0.00126.09N/AN/A0040623