SPMB Options History — November 2024

In November 2024, SPMB traded between $21.69 and $22.07. ATM implied volatility averaged 64.9%, placing in the 39.3% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 59.2% (HV 20d: 5.7%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.06.

Notable Days

2024-11-15: Highest Volume — 403 contracts
2024-11-13: Largest IV drop — 63.4% change
2024-11-11: Highest IV Rank — 78.4%
2024-11-01: Largest Expected Move — 19.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.80	$21.69	$22.07	$21.69	$22.07
Max Pain	$22.00	$22.00	$22.00	$22.00	$22.00
ATM IV	64.9%	43.4%	121.5%	66.6%	53.4%
Expected Move	13.3%	11.2%	19.1%	19.1%	15.3%
HV 20d	5.7%	4.0%	6.8%	4.0%	6.8%
HV 60d	4.7%	4.3%	5.2%	4.3%	5.2%
IV Rank	39.3%	24.4%	78.4%	40.4%	31.3%
IV Percentile	64.5%	31.0%	96.8%	83.3%	59.1%
Term Structure	-13.5%	-27.3%	-9.7%	-27.3%	-17.1%
VWIV	27.6%	21.4%	43.9%	43.9%	27.7%
Skew 25d	-3.8%	-38.5%	1.4%	0.3%	0.3%
Skew 10d	4.2%	-28.3%	16.2%	10.5%	11.2%
Call IV 25d	61.9%	51.7%	91.6%	91.6%	74.2%
Put IV 25d	58.1%	14.5%	91.9%	91.9%	74.5%
Bid-Ask Spread %	177.81	175.90	178.74	176.87	178.62
Gamma HHI	0.73	0.44	0.93	0.92	0.44
Net GEX	7.7K	5.9K	11.4K	5.9K	11.4K
Net DEX	-92.4K	-156.0K	-61.8K	-65.5K	-156.0K
Net VEX	-571	-680	-485	-525	-680
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.06	0.00	0.50	0.00	0.00
Total Volume	26.3	0	403	0	55
Total OI	190.5	158	254	158	254

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-11-01	$21.69	$22.00	66.6%	19.1%	4.0%	40.4%	0.0%	0.3%	-27.3%	5.9K	-65.5K	-525	0.00	176.87	N/A	N/A	0	0	151	7
2024-11-04	$21.76	$0.00	76.8%	11.2%	4.3%	47.5%	0.0%	1.4%	-11.8%	6.0K	-68.8K	-562	0.00	178.57	N/A	N/A	0	0	151	7
2024-11-05	$21.81	$0.00	79.6%	11.2%	4.4%	49.4%	0.0%	1.3%	-11.1%	6.1K	-69.2K	-559	0.00	177.74	N/A	N/A	0	0	151	7
2024-11-06	$21.70	$0.00	83.1%	11.5%	4.7%	51.9%	0.0%	1.3%	-12.0%	5.9K	-64.6K	-510	0.00	178.13	N/A	N/A	0	0	151	7
2024-11-07	$21.88	$0.00	85.0%	11.2%	5.7%	53.2%	0.0%	1.2%	-12.1%	6.2K	-71.1K	-554	0.00	178.32	N/A	N/A	0	0	151	7
2024-11-08	$21.88	$0.00	87.7%	11.3%	5.7%	55.1%	0.0%	1.2%	-12.7%	6.2K	-70.9K	-551	0.00	178.53	N/A	N/A	0	0	151	7
2024-11-11	$21.87	$0.00	121.5%	11.7%	5.7%	78.4%	0.0%	-38.5%	-13.6%	6.2K	-70.6K	-540	0.00	175.90	N/A	N/A	0	0	151	7
2024-11-12	$21.70	$0.00	118.3%	12.4%	6.1%	76.2%	43.9%	1.1%	-14.2%	5.9K	-64.7K	-491	0.00	177.77	N/A	N/A	4	0	151	7
2024-11-13	$21.76	$22.00	43.4%	12.4%	6.2%	24.4%	0.0%	1.1%	-15.0%	6.1K	-67.6K	-495	0.00	177.54	N/A	N/A	0	0	154	7
2024-11-14	$21.73	$22.00	44.5%	12.7%	6.1%	25.1%	0.0%	1.1%	-9.7%	6.0K	-67.5K	-490	0.00	176.65	N/A	N/A	0	0	154	7
2024-11-15	$21.69	$22.00	44.6%	12.8%	6.1%	25.3%	24.3%	1.1%	-9.9%	6.2K	-61.8K	-485	0.00	177.87	N/A	N/A	403	0	154	7
2024-11-18	$21.70	$22.00	47.6%	13.7%	5.7%	27.3%	21.4%	-33.2%	-11.0%	7.3K	-81.1K	-528	0.00	177.34	N/A	N/A	37	0	190	0
2024-11-19	$21.71	$22.00	47.4%	13.6%	5.7%	27.2%	0.0%	0.8%	-11.4%	9.2K	-117.3K	-621	0.00	178.74	N/A	N/A	0	0	227	0
2024-11-20	$21.73	$22.00	48.7%	14.0%	5.7%	28.1%	0.0%	0.8%	-11.9%	9.2K	-117.8K	-616	0.00	176.94	N/A	N/A	0	0	227	0
2024-11-21	$21.73	$22.00	49.0%	14.0%	5.7%	28.3%	0.0%	0.7%	-12.3%	9.2K	-117.4K	-611	0.00	178.42	N/A	N/A	0	0	227	0
2024-11-22	$21.77	$22.00	49.8%	14.3%	5.7%	28.9%	23.5%	-19.6%	-12.7%	9.5K	-116.0K	-637	0.00	177.65	N/A	N/A	1	0	227	0
2024-11-25	$21.98	$22.00	49.8%	14.3%	6.6%	28.8%	26.5%	0.4%	-14.1%	10.0K	-127.2K	-639	0.00	177.90	N/A	N/A	12	0	228	0
2024-11-26	$21.94	$22.00	50.3%	14.4%	6.6%	29.2%	26.3%	-0.2%	-14.9%	10.6K	-135.3K	-656	0.50	178.32	N/A	N/A	2	1	240	0
2024-11-27	$21.98	$22.00	51.3%	14.7%	6.7%	29.9%	27.7%	0.5%	-15.5%	10.7K	-138.2K	-664	0.00	178.47	N/A	N/A	11	0	242	1
2024-11-29	$22.07	$22.00	53.4%	15.3%	6.8%	31.3%	0.0%	0.3%	-17.1%	11.4K	-156.0K	-680	0.00	178.62	N/A	N/A	55	0	253	1