SPMB Options History — July 2024

In July 2024, SPMB traded between $21.34 and $22.05. ATM implied volatility averaged 55.8%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 49.2% (HV 20d: 6.6%). 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 0 of 22 days. Put/call ratio averaged 0.20.

Notable Days

  • 2024-07-19: Highest Volume — 414 contracts
  • 2024-07-10: Largest IV drop — 46.1% change
  • 2024-07-09: Highest IV Rank — 50.1%
  • 2024-07-03: Largest Expected Move — 18.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.77$21.34$22.05$21.34$22.05
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV55.8%41.7%80.6%63.3%59.4%
Expected Move14.7%11.8%18.9%18.2%17.0%
HV 20d6.6%4.3%7.8%7.5%4.5%
HV 60d6.6%6.1%7.6%7.6%6.1%
IV Rank33.0%23.2%50.1%38.2%35.4%
IV Percentile72.1%44.8%93.7%86.5%80.2%
Term Structure-18.4%-25.9%-12.8%-25.1%-23.5%
VWIV31.0%26.9%35.0%35.0%26.9%
Skew 25d-3.4%-25.2%32.7%0.3%-16.2%
Skew 10d-1.2%-55.8%16.9%15.1%8.0%
Call IV 25d61.1%27.4%86.6%82.7%84.4%
Put IV 25d57.6%15.4%86.9%83.0%68.1%
Bid-Ask Spread %157.27151.69176.61176.38153.56
Gamma HHI0.850.830.870.860.83
Net GEX-41.0K-52.9K-37.7K-37.9K-41.0K
Net DEX676.1K623.3K822.8K714.7K623.3K
Net VEX-2.0K-2.4K-1.4K-2.4K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.000.590.000.59
Total Volume29.045041400
Total OI862.5918201,072820841

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$21.34$0.0063.3%18.2%7.5%38.2%0.0%0.3%-25.1%-37.9K714.7K-2.4K0.00176.38N/AN/A003817
2024-07-02$21.39$0.0065.8%18.9%7.5%39.9%0.0%0.3%-25.9%-37.8K708.1K-2.4K0.00175.80N/AN/A003817
2024-07-03$21.52$0.0065.8%18.9%7.6%39.9%0.0%0.3%-22.9%-37.7K689.7K-2.3K0.00176.61N/AN/A003817
2024-07-05$21.64$21.0069.0%11.8%7.8%42.1%0.0%-3.9%-14.4%-38.1K672.5K-2.3K0.00155.43N/AN/A003817
2024-07-08$21.68$21.0077.7%12.3%7.8%48.1%0.0%-4.6%-15.4%-38.1K668.3K-2.2K0.00155.47N/AN/A003817
2024-07-09$21.70$21.0080.6%12.4%6.8%50.1%0.0%-5.0%-15.8%-38.1K665.8K-2.2K0.00155.49N/AN/A003817
2024-07-10$21.70$21.0043.4%12.4%6.8%24.4%0.0%-5.1%-15.8%-38.2K666.2K-2.1K0.00155.60N/AN/A003817
2024-07-11$21.82$21.0043.0%12.3%6.8%24.1%0.0%-6.7%-16.6%-38.4K647.9K-2.1K0.00154.85N/AN/A003817
2024-07-12$21.89$21.0041.7%12.0%6.6%23.2%35.0%-25.2%-16.8%-40.4K630.6K-2.1K0.00153.28N/AN/A0183817
2024-07-15$21.80$21.0045.1%12.9%6.7%25.6%26.9%24.0%-17.9%-41.6K656.7K-2.0K0.00154.53N/AN/A303835
2024-07-16$21.84$21.0045.8%13.1%6.7%26.1%0.0%-4.4%-18.3%-39.9K654.0K-2.0K0.00154.19N/AN/A01916835
2024-07-17$21.91$21.0044.5%12.8%6.6%25.2%0.0%-9.2%-18.6%-52.1K814.0K-2.1K0.00154.44N/AN/A0061,053
2024-07-18$21.86$21.0045.3%13.0%6.6%25.7%0.0%-8.8%-12.8%-52.9K822.8K-2.0K0.00155.15N/AN/A13061,053
2024-07-19$21.81$21.0048.8%14.0%6.6%28.1%0.0%-8.0%-14.2%-39.1K663.0K-1.9K0.59153.95N/AN/A260154191,053
2024-07-22$21.80$21.0051.6%14.8%6.6%30.1%0.0%-8.6%-16.2%-39.3K665.7K-1.8K0.00155.40N/AN/A006835
2024-07-23$21.80$21.0052.7%15.1%6.6%30.8%0.0%-15.9%-16.2%-45.9K646.2K-1.7K0.00151.69N/AN/A006835
2024-07-24$21.77$21.0053.8%15.4%6.6%31.6%0.0%13.4%-17.9%-42.2K663.3K-1.7K0.00152.81N/AN/A006835
2024-07-25$21.79$21.0054.4%15.6%6.4%32.0%0.0%-9.2%-17.5%-39.8K667.5K-1.7K0.00154.15N/AN/A006835
2024-07-26$21.87$21.0055.6%15.9%6.4%32.9%0.0%7.5%-18.5%-42.3K646.6K-1.6K0.00153.08N/AN/A006835
2024-07-29$21.91$21.0059.4%17.0%6.0%35.5%0.0%32.7%-21.6%-41.6K643.9K-1.5K0.00153.34N/AN/A006835
2024-07-30$21.94$21.0061.1%17.5%4.3%36.6%0.0%-23.2%-22.7%-40.3K644.2K-1.5K0.00154.85N/AN/A006835
2024-07-31$22.05$21.0059.4%17.0%4.5%35.4%0.0%-16.2%-23.5%-41.0K623.3K-1.4K0.00153.56N/AN/A006835