SPMB Options History — February 2024

In February 2024, SPMB traded between $21.39 and $22.04. ATM implied volatility averaged 44.5%, placing in the 39.3% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded above realized volatility by 36.8% (HV 20d: 7.7%). Max pain ranged from $19.00 to $21.00. Net GEX was positive for 2 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-02-13: Highest Volume — 383 contracts
  • 2024-02-02: Largest IV spike — 68.8% change
  • 2024-02-29: Highest IV Rank — 64.2%
  • 2024-02-29: Largest Expected Move — 19.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.59$21.39$22.04$22.04$21.56
Max Pain$20.10$19.00$21.00$19.00$21.00
ATM IV44.5%28.8%67.6%29.4%67.6%
Expected Move11.9%6.3%19.4%6.3%19.4%
HV 20d7.7%6.2%8.1%6.2%7.8%
HV 60d8.0%7.4%8.6%8.2%7.4%
IV Rank39.3%22.4%64.2%23.0%64.2%
IV Percentile64.3%14.7%98.0%18.7%98.0%
Term Structure-4.6%-45.5%63.3%0.8%-45.5%
VWIV23.0%7.3%58.8%7.3%58.8%
Skew 25d-5.7%-32.1%27.1%-13.5%14.8%
Skew 10d-3.2%-53.8%28.5%28.5%-15.8%
Call IV 25d36.1%15.2%60.9%32.4%46.8%
Put IV 25d30.3%10.7%64.2%18.9%61.5%
Bid-Ask Spread %148.19130.42153.95153.63153.71
Gamma HHI0.440.350.530.350.51
Net GEX-31.3K-65.3K53.1K-5.0K-55.4K
Net DEX554.2K52.1K972.6K52.1K852.9K
Net VEX-9.4K-10.1K-8.9K-9.7K-9.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume31.25038320
Total OI2,501.552,3692,9792,3742,409

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$22.04$19.0029.4%6.3%6.2%23.0%7.3%-13.5%0.8%-5.0K52.1K-9.7K0.00153.63N/AN/A208731,501
2024-02-02$21.82$19.0049.7%10.2%6.8%44.9%0.0%27.1%-13.5%-13.1K201.2K-9.7K0.00144.36N/AN/A008751,501
2024-02-05$21.63$19.0065.3%7.9%7.5%61.7%0.0%-3.1%-7.2%-17.1K301.2K-8.9K0.00150.38N/AN/A008751,501
2024-02-06$21.77$19.0035.3%9.1%7.7%29.4%0.0%-3.4%5.5%12.2K225.1K-9.3K0.00145.70N/AN/A008751,501
2024-02-07$21.70$19.0042.5%12.2%7.8%37.1%0.0%-4.5%-13.7%-16.8K274.9K-9.4K0.00153.95N/AN/A008751,501
2024-02-08$21.66$19.0030.2%8.7%7.8%23.9%13.5%6.2%-0.0%-16.5K309.7K-9.3K0.00150.90N/AN/A18008751,521
2024-02-09$21.64$19.0034.4%9.9%7.5%28.4%0.0%-32.1%-7.7%-4.1K145.1K-9.8K0.00153.50N/AN/A001,0551,521
2024-02-12$21.64$19.0029.7%8.5%7.4%23.3%10.9%0.6%14.4%53.1K218.7K-9.3K0.00130.42N/AN/A2001,0551,521
2024-02-13$21.43$19.0038.5%11.0%7.6%32.8%24.7%-18.7%-20.7%-51.6K123.1K-8.9K0.00151.81N/AN/A03831,0751,521
2024-02-14$21.52$21.0037.1%10.7%7.6%31.3%0.0%0.8%-5.6%-17.7K581.7K-10.1K0.00151.60N/AN/A001,0751,904
2024-02-15$21.62$21.0028.8%8.3%7.8%22.4%0.0%12.4%63.3%-13.1K483.1K-10.1K0.00136.97N/AN/A001,0751,904
2024-02-16$21.52$21.0039.0%11.2%7.9%33.3%0.0%-30.9%46.5%-64.5K878.8K-9.8K0.00150.34N/AN/A001,0751,904
2024-02-20$21.52$21.0041.5%11.9%7.9%36.1%0.0%-7.5%7.7%-58.4K904.6K-9.5K0.00147.74N/AN/A006031,766
2024-02-21$21.41$21.0056.7%16.3%8.0%52.4%0.0%-15.2%-21.7%-57.8K967.0K-9.4K0.00147.15N/AN/A006031,766
2024-02-22$21.39$21.0057.4%16.5%8.0%53.2%0.0%-14.3%-21.6%-58.6K972.6K-9.4K0.00151.70N/AN/A006031,766
2024-02-23$21.52$21.0044.4%12.7%8.1%39.1%0.0%-31.6%-9.2%-65.3K891.1K-9.3K0.00140.57N/AN/A006031,766
2024-02-26$21.48$21.0048.4%13.9%8.1%43.5%58.8%-20.3%-28.8%-60.7K924.2K-9.2K0.00147.08N/AN/A4006031,766
2024-02-27$21.45$21.0065.2%18.7%7.9%61.6%0.0%19.3%-28.4%-58.1K906.4K-9.2K0.00150.63N/AN/A006431,766
2024-02-28$21.52$21.0048.7%14.0%8.0%43.8%0.0%-0.6%-7.6%-56.8K871.4K-9.1K0.00151.67N/AN/A006431,766
2024-02-29$21.56$21.0067.6%19.4%7.8%64.2%0.0%14.8%-45.5%-55.4K852.9K-9.0K0.00153.71N/AN/A006431,766