SPMB Options History — May 2024

In May 2024, SPMB traded between $21.07 and $21.61. ATM implied volatility averaged 68.7%, placing in the 43.3% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 61.9% (HV 20d: 6.8%). Max pain ranged from $20.00 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

  • 2024-05-17: Highest Volume — 9 contracts
  • 2024-05-15: Largest IV drop — 70.9% change
  • 2024-05-14: Highest IV Rank — 100.0%
  • 2024-05-03: Largest Expected Move — 19.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.35$21.07$21.61$21.07$21.34
Max Pain$20.25$20.00$21.00$21.00$20.00
ATM IV68.7%29.4%152.7%62.0%58.2%
Expected Move14.0%8.4%19.8%17.8%16.7%
HV 20d6.8%5.7%9.0%8.9%6.2%
HV 60d7.0%6.9%7.1%7.1%6.9%
IV Rank43.3%14.8%100.0%39.8%34.6%
IV Percentile82.4%11.9%100.0%91.3%85.3%
Term Structure-13.6%-30.0%27.6%-24.7%-20.4%
VWIV22.4%22.4%22.4%22.4%22.4%
Skew 25d-5.3%-49.6%1.4%0.1%0.5%
Skew 10d8.9%-26.2%14.8%8.8%14.8%
Call IV 25d64.1%53.0%94.4%88.9%77.2%
Put IV 25d58.8%12.4%94.6%89.0%77.7%
Bid-Ask Spread %173.60154.18179.23154.68177.70
Gamma HHI0.680.520.870.530.85
Net GEX-44.3K-95.1K-36.1K-46.1K-36.5K
Net DEX820.7K703.1K1.1M969.6K731.7K
Net VEX-4.0K-5.3K-3.1K-5.3K-3.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.7730900
Total OI1,3928291,7851,778829

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$21.07$21.0062.0%17.8%8.9%39.8%0.0%0.1%-24.7%-46.1K969.6K-5.3K0.00154.68N/AN/A003791,399
2024-05-02$21.14$21.0061.9%17.8%8.9%39.7%0.0%0.0%0.0%-95.1K1.1M-4.9K0.00154.18N/AN/A003791,399
2024-05-03$21.27$21.0068.9%19.8%9.0%44.9%0.0%0.2%-30.0%-45.3K903.5K-5.2K0.00154.80N/AN/A003791,399
2024-05-06$21.27$0.0079.5%11.7%9.0%52.6%0.0%1.2%-11.7%-45.4K907.2K-4.9K0.00176.95N/AN/A003791,399
2024-05-07$21.34$0.0084.0%11.9%9.0%56.0%0.0%1.2%-12.7%-46.7K886.0K-4.8K0.00178.51N/AN/A003791,399
2024-05-08$21.30$0.0087.8%11.9%6.9%58.7%0.0%1.2%-12.3%-46.6K898.5K-4.8K0.00179.23N/AN/A083791,399
2024-05-09$21.39$0.0092.8%11.9%7.0%62.5%0.0%1.2%-12.0%-46.4K877.1K-4.7K0.00178.06N/AN/A003791,406
2024-05-10$21.30$0.00100.6%12.2%7.1%68.2%0.0%1.4%-13.0%-47.5K914.2K-4.6K0.00177.86N/AN/A003791,406
2024-05-13$21.37$0.00134.1%12.6%6.1%92.9%0.0%1.1%-14.9%-46.2K885.2K-4.3K0.00178.57N/AN/A003791,406
2024-05-14$21.45$0.00152.7%12.8%5.8%100.0%0.0%1.1%-15.0%-45.6K857.4K-4.1K0.00178.03N/AN/A003791,406
2024-05-15$21.61$0.0044.4%12.7%5.7%25.1%0.0%1.0%-13.9%-45.4K801.5K-4.0K0.00178.38N/AN/A003791,406
2024-05-16$21.54$0.0044.1%12.7%5.7%24.9%0.0%1.0%27.6%-46.1K828.7K-3.8K0.00177.07N/AN/A003791,406
2024-05-17$21.45$0.0047.3%13.6%6.0%27.1%22.4%-11.9%-12.0%-36.1K703.1K-3.3K0.00178.44N/AN/A093791,406
2024-05-20$21.41$20.0048.5%13.9%6.1%28.0%0.0%-17.3%-13.0%-43.0K707.3K-3.3K0.00160.26N/AN/A003826
2024-05-21$21.46$20.0049.8%14.3%6.0%28.8%0.0%0.8%-13.6%-36.5K709.9K-3.3K0.00177.66N/AN/A003826
2024-05-22$21.43$20.0029.4%8.4%5.9%14.8%0.0%-46.7%-13.9%-36.5K714.1K-3.3K0.00172.97N/AN/A003826
2024-05-23$21.34$20.0050.0%14.3%6.0%29.0%0.0%-49.6%-14.2%-37.1K727.1K-3.3K0.00175.37N/AN/A003826
2024-05-24$21.38$20.0050.3%14.4%5.9%29.2%0.0%0.7%-13.6%-36.6K722.5K-3.3K0.00176.59N/AN/A003826
2024-05-28$21.27$20.0054.5%15.6%6.2%32.1%0.0%0.5%-17.6%-37.3K739.8K-3.2K0.00177.71N/AN/A003826
2024-05-29$21.19$20.0053.5%15.3%6.1%31.4%0.0%0.5%-15.6%-36.9K751.7K-3.1K0.00177.58N/AN/A003826
2024-05-30$21.29$20.0056.3%16.1%6.3%33.3%0.0%0.5%-18.8%-36.6K738.2K-3.1K0.00178.54N/AN/A003826
2024-05-31$21.34$20.0058.2%16.7%6.2%34.6%0.0%0.5%-20.4%-36.5K731.7K-3.1K0.00177.70N/AN/A003826