SPMB Options History — January 2024

In January 2024, SPMB traded between $21.68 and $22.05. ATM implied volatility averaged 35.2%, placing in the 28.1% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 28.3% (HV 20d: 6.9%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 4.89.

Notable Days

  • 2024-01-30: Highest Volume — 509 contracts
  • 2024-01-26: Largest IV spike — 217.5% change
  • 2024-01-30: Highest IV Rank — 55.7%
  • 2024-01-30: Largest Expected Move — 17.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.84$21.68$22.05$21.95$21.99
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV35.2%8.1%59.8%49.7%54.0%
Expected Move10.5%2.3%17.1%14.2%15.5%
HV 20d6.9%6.0%8.1%8.0%6.1%
HV 60d9.0%8.4%9.6%9.6%8.4%
IV Rank28.1%0.0%55.7%45.3%49.5%
IV Percentile46.1%0.0%94.4%88.1%92.1%
Term Structure-6.8%-32.2%24.2%-8.4%-22.5%
VWIV25.6%8.7%51.4%51.4%8.7%
Skew 25d-5.4%-59.5%37.2%-26.3%-57.1%
Skew 10d0.2%-54.1%60.1%0.2%-14.1%
Call IV 25d32.5%7.6%74.2%40.8%73.6%
Put IV 25d27.1%8.1%58.7%14.5%16.5%
Bid-Ask Spread %144.88120.85155.28134.88148.87
Gamma HHI0.600.320.960.690.43
Net GEX35.0K-48.2K150.7K24.7K-48.2K
Net DEX-411.6K-758.1K-87.9K-444.2K-87.9K
Net VEX-2.3K-8.8K-933-1.3K-8.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.890.0024.450.000.00
Total Volume93.143050902
Total OI794.1434292,3724292,372

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$21.95$0.0049.7%14.2%8.0%45.3%0.0%-26.3%-8.4%24.7K-444.2K-1.3K0.00134.88N/AN/A0040623
2024-01-03$21.95$0.0029.3%8.4%7.7%20.9%0.0%-0.6%-8.5%24.9K-443.8K-1.3K0.00136.12N/AN/A0040623
2024-01-04$21.81$21.0030.9%7.6%8.0%22.8%0.0%13.8%-2.3%69.7K-368.5K-1.2K0.00150.03N/AN/A0040623
2024-01-05$21.80$21.0031.3%8.6%8.0%23.2%51.4%17.9%-7.4%25.4K-420.2K-1.3K0.00153.82N/AN/A0340623
2024-01-08$21.89$21.0013.5%10.6%8.1%3.4%16.7%14.2%-22.2%34.6K-420.0K-1.2K0.00127.22N/AN/A011240626
2024-01-09$21.89$21.0013.4%7.7%7.9%3.3%0.0%25.3%-1.6%57.0K-386.6K-1.2K0.00126.70N/AN/A00406138
2024-01-10$21.87$21.0027.2%7.8%7.9%18.6%0.0%5.9%-8.7%61.5K-297.5K-9330.00151.00N/AN/A00406138
2024-01-11$21.99$21.0040.6%11.6%8.0%33.4%0.0%-20.7%-15.0%19.9K-390.9K-1.4K0.00154.96N/AN/A00406138
2024-01-12$22.05$21.0031.8%9.1%6.5%23.8%0.0%2.0%-7.9%22.7K-404.1K-1.4K0.00155.23N/AN/A00406138
2024-01-16$21.87$21.0041.3%11.9%6.4%34.3%0.0%-4.0%-13.2%20.8K-368.9K-1.3K0.00154.95N/AN/A00406138
2024-01-17$21.74$21.0045.6%13.1%6.5%39.0%0.0%-5.0%-27.6%19.5K-345.6K-1.3K0.00153.15N/AN/A00406138
2024-01-18$21.73$21.0034.6%9.9%6.3%26.9%0.0%3.5%15.8%21.2K-343.0K-1.3K0.00155.28N/AN/A064406138
2024-01-19$21.73$21.0048.8%14.0%6.3%42.5%0.0%-35.5%-12.1%17.6K-316.9K-1.4K0.00149.56N/AN/A1730406202
2024-01-22$21.77$21.0031.2%8.9%6.1%23.1%8.7%-27.4%-1.1%32.7K-526.1K-2.0K0.00141.13N/AN/A1000568202
2024-01-23$21.70$21.0030.6%8.8%6.2%22.4%0.0%32.4%24.2%37.2K-586.4K-2.3K0.00147.51N/AN/A00668202
2024-01-24$21.68$21.008.1%2.3%6.2%0.0%0.0%0.5%23.9%150.7K-395.1K-1.8K0.00142.29N/AN/A00668202
2024-01-25$21.79$21.0017.4%5.0%6.4%10.0%0.0%37.2%12.4%73.3K-585.1K-2.2K0.00120.85N/AN/A1830668202
2024-01-26$21.76$21.0055.1%15.8%6.0%50.7%0.0%-12.7%-32.2%46.6K-758.1K-3.1K0.00146.58N/AN/A0392851202
2024-01-29$21.86$21.0045.8%13.1%6.3%40.7%0.0%-17.7%-9.7%17.1K-589.5K-4.8K0.00146.09N/AN/A0418851594
2024-01-30$21.89$21.0059.8%17.1%6.3%55.7%0.0%-59.5%-19.2%5.9K-164.7K-7.7K24.45146.19N/AN/A204898511,012
2024-01-31$21.99$21.0054.0%15.5%6.1%49.5%0.0%-57.1%-22.5%-48.2K-87.9K-8.8K0.00148.87N/AN/A208711,501