SPMB Options History — April 2025

In April 2025, SPMB traded between $21.59 and $22.20. ATM implied volatility averaged 34.3%, placing in the 17.8% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 27.1% (HV 20d: 7.3%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 5.78.

Notable Days

  • 2025-04-04: Highest Volume — 241 contracts
  • 2025-04-03: Largest IV spike — 51.4% change
  • 2025-04-07: Highest IV Rank — 46.7%
  • 2025-04-07: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.87$21.59$22.20$22.11$22.05
Max Pain$22.00$22.00$22.00$22.00$22.00
ATM IV34.3%25.5%76.0%32.5%33.3%
Expected Move8.2%6.2%12.6%6.2%9.6%
HV 20d7.3%4.9%8.4%4.9%8.1%
HV 60d6.1%5.5%6.4%5.5%6.3%
IV Rank17.8%11.6%46.7%16.5%17.1%
IV Percentile19.7%4.4%84.9%13.5%20.2%
Term Structure-7.7%-19.7%41.6%-10.4%-11.2%
VWIV26.6%11.9%44.5%11.9%15.6%
Skew 25d3.5%-22.2%26.1%3.6%21.3%
Skew 10d-1.5%-29.9%19.9%-3.6%-3.3%
Call IV 25d22.9%10.6%44.0%13.7%20.7%
Put IV 25d26.4%10.3%45.6%17.3%41.9%
Bid-Ask Spread %151.49140.15170.62141.93149.05
Gamma HHI0.430.280.720.720.34
Net GEX13.6K-2.5K31.1K31.1K16.0K
Net DEX-52.5K-239.2K154.7K-167.8K-88.7K
Net VEX-780-1.3K-476-563-766
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.780.0023.1023.100.01
Total Volume46.571024100
Total OI654.238428862512635

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$22.11$22.0032.5%6.2%4.9%16.5%0.0%3.6%-10.4%31.1K-167.8K-5630.00141.93N/AN/A0041597
2025-04-02$22.02$22.0033.0%6.2%5.0%16.8%0.0%-16.8%-7.3%29.2K-153.5K-5520.00144.13N/AN/A0041597
2025-04-03$22.16$22.0050.0%8.9%5.4%28.6%0.0%-8.5%-9.8%23.4K-239.2K-7400.00164.05N/AN/A0041597
2025-04-04$22.20$22.0052.5%6.3%5.4%30.4%11.9%-10.4%-9.8%23.4K-225.1K-53023.10163.00N/AN/A1023141597
2025-04-07$21.91$22.0076.0%12.6%7.0%46.7%44.5%-22.2%-14.7%6.6K-46.4K-1.3K0.00170.62N/AN/A050425312
2025-04-08$21.84$22.0043.6%6.9%6.9%24.2%0.0%-9.3%-8.0%1.6K102.2K-1.2K0.00151.60N/AN/A00425362
2025-04-09$21.70$22.0026.1%7.5%7.2%12.1%34.8%0.5%-7.6%1.9K131.9K-1.2K0.00167.95N/AN/A022425362
2025-04-10$21.66$22.0030.6%8.8%7.1%15.2%0.0%1.6%-12.8%1.3K89.5K-1.2K0.00162.71N/AN/A00425362
2025-04-11$21.59$22.0025.9%7.4%7.1%11.9%26.0%1.2%-8.2%-2.5K154.7K-1.0K0.00149.82N/AN/A0200425362
2025-04-14$21.77$22.0026.1%7.5%7.8%12.1%0.0%1.0%-8.9%16.0K-62.1K-5110.00150.99N/AN/A046425199
2025-04-15$21.79$22.0026.5%7.6%7.8%12.4%15.6%9.8%-9.1%11.6K-27.5K-4760.00150.64N/AN/A2000425245
2025-04-16$21.84$22.0025.5%7.3%7.8%11.6%0.0%14.3%-8.3%30.1K-150.9K-8140.00150.36N/AN/A00617245
2025-04-17$21.77$22.0026.4%7.6%7.8%12.3%0.0%17.9%41.6%10.0K-52.9K-6970.00151.35N/AN/A120617245
2025-04-21$21.63$22.0029.0%8.3%8.1%14.1%0.0%6.4%-7.6%8.4K-29.8K-6000.01146.76N/AN/A1211273155
2025-04-22$21.68$22.0029.6%8.5%8.0%14.5%0.0%12.4%-8.5%12.3K-47.6K-7110.00146.34N/AN/A085394156
2025-04-23$21.71$22.0029.7%8.5%8.0%14.5%0.0%26.1%-10.0%9.7K-40.0K-8020.00146.68N/AN/A00394241
2025-04-24$21.84$22.0029.7%8.5%8.3%14.6%0.0%4.7%-19.7%11.1K-45.0K-5520.00148.53N/AN/A00394241
2025-04-25$21.93$22.0029.8%8.5%8.4%14.6%0.0%0.2%-8.6%14.4K-61.5K-7760.00144.01N/AN/A00394241
2025-04-28$21.98$22.0032.1%9.2%8.1%16.3%0.0%19.4%-10.9%14.1K-71.9K-7110.00140.61N/AN/A00394241
2025-04-29$22.02$22.0032.4%9.3%8.2%16.4%0.0%0.2%-11.4%15.9K-70.9K-6560.00140.15N/AN/A00394241
2025-04-30$22.05$22.0033.3%9.6%8.1%17.1%0.0%21.3%-11.2%16.0K-88.7K-7660.00149.05N/AN/A00394241