SPMB Options History — December 2024

In December 2024, SPMB traded between $21.43 and $22.09. ATM implied volatility averaged 55.8%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 49.9% (HV 20d: 5.9%). Max pain ranged from $21.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 13.61.

Notable Days

2024-12-02: Highest Volume — 82 contracts
2024-12-11: Largest IV drop — 46.0% change
2024-12-10: Highest IV Rank — 46.3%
2024-12-31: Largest Expected Move — 18.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.76	$21.43	$22.09	$22.01	$21.57
Max Pain	$24.48	$21.00	$25.00	$22.00	$25.00
ATM IV	55.8%	40.5%	75.0%	57.3%	63.3%
Expected Move	14.4%	11.0%	18.2%	16.4%	18.2%
HV 20d	5.9%	4.6%	7.1%	6.3%	6.0%
HV 60d	5.4%	5.1%	5.9%	5.2%	5.6%
IV Rank	33.0%	22.4%	46.3%	34.0%	38.2%
IV Percentile	58.0%	18.3%	85.7%	67.5%	74.2%
Term Structure	-15.6%	-24.1%	-7.9%	-20.1%	-23.1%
VWIV	14.9%	13.3%	16.7%	13.3%	14.8%
Skew 25d	13.8%	-24.7%	37.4%	4.3%	30.7%
Skew 10d	4.4%	-56.9%	14.3%	14.3%	8.8%
Call IV 25d	44.4%	14.2%	79.0%	75.3%	53.3%
Put IV 25d	58.2%	32.2%	83.9%	79.6%	83.9%
Bid-Ask Spread %	175.59	172.97	177.15	176.48	175.99
Gamma HHI	0.52	0.31	0.91	0.48	0.91
Net GEX	9.1K	6.4K	14.3K	14.3K	8.2K
Net DEX	-99.9K	-168.7K	-48.6K	-168.7K	-91.4K
Net VEX	-674	-898	-438	-765	-459
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	13.61	0.00	81.00	81.00	0.00
Total Volume	5.476	0	82	82	0
Total OI	347.333	215	420	309	215

Daily Data (21 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
2024-12-02	$22.01	$22.00	57.3%	16.4%	6.3%	34.0%	13.3%	4.3%	-20.1%	14.3K	-168.7K	-765	81.00	176.48	N/A	N/A	1	81	308	1
2024-12-03	$21.96	$21.00	59.0%	16.9%	6.3%	35.2%	16.7%	-9.6%	-22.2%	9.3K	-105.7K	-898	0.00	176.88	N/A	N/A	8	0	309	82
2024-12-04	$22.02	$21.00	60.1%	17.2%	6.3%	35.9%	14.8%	-16.1%	-22.2%	9.9K	-105.1K	-854	0.67	175.10	N/A	N/A	3	2	313	82
2024-12-05	$22.05	$25.00	62.0%	11.0%	6.0%	37.3%	0.0%	37.4%	-7.9%	9.9K	-117.5K	-897	0.00	174.91	N/A	N/A	1	0	316	84
2024-12-06	$22.09	$25.00	66.3%	11.0%	5.3%	40.2%	0.0%	34.1%	-8.2%	10.1K	-122.6K	-888	0.00	176.95	N/A	N/A	0	0	317	84
2024-12-09	$22.04	$25.00	70.7%	11.4%	5.4%	43.3%	0.0%	34.1%	-9.9%	9.9K	-116.3K	-836	0.00	176.82	N/A	N/A	1	0	317	84
2024-12-10	$22.04	$25.00	75.0%	11.4%	5.4%	46.3%	0.0%	34.4%	-9.1%	9.9K	-116.7K	-822	0.00	176.40	N/A	N/A	8	0	318	84
2024-12-11	$21.98	$25.00	40.5%	11.6%	4.6%	22.4%	0.0%	24.4%	-9.8%	10.1K	-115.0K	-839	0.00	175.20	N/A	N/A	0	0	326	84
2024-12-12	$21.87	$25.00	41.1%	11.8%	5.0%	22.8%	0.0%	29.3%	-9.9%	9.6K	-107.8K	-818	0.00	175.68	N/A	N/A	0	0	326	84
2024-12-13	$21.77	$25.00	43.6%	12.5%	5.2%	24.6%	0.0%	27.4%	-11.3%	9.2K	-98.0K	-759	0.00	176.86	N/A	N/A	0	0	326	84
2024-12-16	$21.80	$25.00	45.6%	13.1%	5.2%	25.9%	0.0%	-3.7%	-11.5%	9.3K	-100.2K	-720	0.00	175.03	N/A	N/A	0	0	326	84
2024-12-17	$21.80	$25.00	46.8%	13.4%	5.2%	26.8%	0.0%	13.0%	-11.9%	9.3K	-101.6K	-697	0.00	177.15	N/A	N/A	0	0	326	84
2024-12-18	$21.61	$25.00	47.2%	13.5%	6.1%	27.1%	0.0%	15.6%	-13.1%	8.3K	-77.5K	-629	0.00	173.79	N/A	N/A	0	10	326	84
2024-12-19	$21.43	$25.00	51.0%	14.6%	6.7%	29.7%	0.0%	18.1%	-16.2%	6.4K	-48.6K	-540	0.00	174.50	N/A	N/A	0	0	326	94
2024-12-20	$21.54	$25.00	50.5%	14.5%	7.0%	29.3%	0.0%	-6.6%	-14.7%	8.0K	-87.0K	-506	0.00	176.24	N/A	N/A	0	0	326	94
2024-12-23	$21.44	$25.00	55.5%	15.9%	7.1%	32.8%	0.0%	-24.7%	-19.5%	7.7K	-78.4K	-448	0.00	172.97	N/A	N/A	0	0	215	1
2024-12-24	$21.45	$25.00	55.3%	15.9%	6.0%	32.6%	0.0%	17.2%	-19.4%	7.7K	-83.2K	-452	0.00	173.87	N/A	N/A	0	0	215	1
2024-12-26	$21.50	$25.00	57.8%	16.6%	6.2%	34.4%	0.0%	-13.2%	-21.2%	7.9K	-83.0K	-443	0.00	175.93	N/A	N/A	0	0	215	1
2024-12-27	$21.49	$25.00	60.4%	17.3%	6.1%	36.2%	0.0%	19.1%	-24.1%	7.8K	-84.9K	-438	0.00	173.87	N/A	N/A	0	0	215	1
2024-12-30	$21.56	$25.00	61.6%	17.7%	6.0%	37.0%	0.0%	23.6%	-22.3%	8.0K	-88.0K	-456	0.00	176.89	N/A	N/A	0	0	215	1
2024-12-31	$21.57	$25.00	63.3%	18.2%	6.0%	38.2%	0.0%	30.7%	-23.1%	8.2K	-91.4K	-459	0.00	175.99	N/A	N/A	0	0	214	1