SPMB Options History — April 2024

In April 2024, SPMB traded between $20.96 and $21.54. ATM implied volatility averaged 57.1%, placing in the 36.1% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 49.4% (HV 20d: 7.6%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 1 of 22 days.

Notable Days

  • 2024-04-10: Largest IV drop — 48.4% change
  • 2024-04-09: Highest IV Rank — 57.1%
  • 2024-04-03: Largest Expected Move — 19.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.21$20.96$21.54$21.52$21.01
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV57.1%41.0%85.5%62.3%61.1%
Expected Move14.4%7.4%19.2%17.9%17.5%
HV 20d7.6%5.2%9.0%6.1%8.8%
HV 60d7.1%6.5%7.6%6.7%7.3%
IV Rank36.1%24.2%57.1%39.9%39.1%
IV Percentile85.4%63.5%97.6%93.3%90.9%
Term Structure-18.6%-31.3%20.8%-21.2%-24.0%
Skew 25d-13.4%-55.4%7.0%-13.3%0.4%
Skew 10d-2.9%-59.2%8.8%-10.1%8.5%
Call IV 25d65.6%23.0%87.1%81.9%86.7%
Put IV 25d52.3%11.9%87.4%68.6%87.2%
Bid-Ask Spread %152.14143.18155.54152.69154.81
Gamma HHI0.520.500.540.500.54
Net GEX-45.5K-50.6K-42.9K-43.9K-46.0K
Net DEX941.8K814.4K1.0M826.1K1.0M
Net VEX-6.2K-6.9K-5.3K-6.9K-5.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1,7781,7781,7781,7781,778

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$21.52$0.0062.3%17.9%6.1%39.9%0.0%-13.3%-21.2%-43.9K826.1K-6.9K0.00152.69N/AN/A003791,399
2024-04-02$21.48$0.0065.6%18.8%6.0%42.4%0.0%-12.1%-25.4%-43.1K830.3K-6.8K0.00154.31N/AN/A003791,399
2024-04-03$21.48$0.0066.9%19.2%5.2%43.3%0.0%0.3%-26.4%-44.3K839.1K-6.8K0.00152.20N/AN/A003791,399
2024-04-04$21.54$21.0068.2%11.8%5.3%44.3%0.0%-24.6%-14.5%-42.9K814.4K-6.7K0.00149.66N/AN/A003791,399
2024-04-05$21.41$21.0072.4%7.4%5.5%47.4%0.0%-38.3%-17.8%-44.8K872.8K-6.7K0.00151.45N/AN/A003791,399
2024-04-08$21.41$21.0080.8%12.6%5.5%53.6%0.0%-40.7%-18.8%-44.7K868.5K-6.5K0.00145.42N/AN/A003791,399
2024-04-09$21.48$21.0085.5%12.9%5.6%57.1%0.0%1.1%-19.4%-43.0K836.1K-6.5K0.00155.09N/AN/A003791,399
2024-04-10$21.14$21.0044.1%12.7%7.8%26.6%0.0%1.0%-19.5%-44.3K949.9K-6.5K0.00153.78N/AN/A003791,399
2024-04-11$21.16$21.0045.2%13.0%7.8%27.3%0.0%0.9%-21.5%-44.6K941.9K-6.4K0.00155.46N/AN/A003791,399
2024-04-12$21.26$21.0045.7%13.1%7.8%27.7%0.0%-43.6%-19.9%-45.1K925.3K-6.4K0.00147.09N/AN/A003791,399
2024-04-15$21.05$21.0041.0%11.7%8.5%24.2%0.0%0.9%-19.5%-45.1K988.4K-6.2K0.00153.21N/AN/A003791,399
2024-04-16$20.96$21.0046.9%13.4%8.5%28.6%0.0%0.8%-20.6%-44.9K1.0M-6.1K0.00155.54N/AN/A003791,399
2024-04-17$21.13$21.0046.9%13.4%9.0%28.6%0.0%0.5%-19.8%-44.8K959.7K-6.1K0.00155.43N/AN/A003791,399
2024-04-18$21.05$21.0047.8%13.7%8.9%29.3%0.0%-8.2%20.8%-46.4K1.0M-6.0K0.00152.13N/AN/A003791,399
2024-04-19$21.06$21.0048.1%13.8%8.9%29.5%0.0%-2.9%-13.9%-46.1K996.6K-6.0K0.00155.25N/AN/A003791,399
2024-04-22$21.06$21.0050.9%14.6%8.8%31.6%0.0%-52.3%-15.9%-50.1K1.0M-5.8K0.00143.18N/AN/A003791,399
2024-04-23$21.13$21.0051.8%14.9%9.0%32.3%0.0%-9.4%-16.3%-46.7K981.4K-5.8K0.00150.09N/AN/A003791,399
2024-04-24$21.07$21.0053.1%15.2%8.9%33.2%0.0%-55.4%-17.5%-46.2K999.1K-5.7K0.00153.07N/AN/A003791,399
2024-04-25$20.99$21.0054.4%15.6%8.8%34.1%0.0%7.0%-31.3%-50.6K1.0M-5.6K0.00149.04N/AN/A003791,399
2024-04-26$21.05$21.0055.6%15.9%9.0%35.0%0.0%-6.2%-19.4%-46.8K1.0M-5.6K0.00152.96N/AN/A003791,399
2024-04-29$21.11$21.0061.2%17.6%8.7%39.2%0.0%0.3%-26.6%-47.4K981.5K-5.4K0.00155.12N/AN/A003791,399
2024-04-30$21.01$21.0061.1%17.5%8.8%39.1%0.0%0.4%-24.0%-46.0K1.0M-5.3K0.00154.81N/AN/A003791,399