SPMB Options History — June 2025

In June 2025, SPMB traded between $21.57 and $22.09. ATM implied volatility averaged 33.6%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 27.3% (HV 20d: 6.3%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.80.

Notable Days

2025-06-27: Highest Volume — 31 contracts
2025-06-03: Largest IV drop — 73.7% change
2025-06-02: Highest IV Rank — 82.5%
2025-06-02: Largest Expected Move — 36.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.82	$21.57	$22.09	$21.64	$22.09
Max Pain	$20.00	$20.00	$20.00	$20.00	$20.00
ATM IV	33.6%	22.9%	125.7%	125.7%	30.8%
Expected Move	8.8%	5.1%	36.0%	36.0%	8.8%
HV 20d	6.3%	5.8%	6.8%	6.2%	5.9%
HV 60d	6.8%	6.6%	6.9%	6.6%	6.7%
IV Rank	17.5%	10.0%	82.5%	82.5%	15.5%
IV Percentile	20.2%	1.2%	98.4%	98.4%	26.6%
Term Structure	-7.9%	-48.4%	-2.7%	-48.4%	-10.1%
Skew 25d	0.8%	-28.6%	9.1%	-28.6%	-0.5%
Skew 10d	-13.5%	-36.7%	7.8%	-36.7%	-0.1%
Call IV 25d	19.1%	13.9%	48.5%	48.5%	26.8%
Put IV 25d	19.9%	9.4%	26.8%	19.9%	26.3%
Bid-Ask Spread %	148.90	129.50	171.92	171.92	152.08
Gamma HHI	0.40	0.25	0.55	0.25	0.33
Net GEX	7.6K	-1.9K	16.3K	6.7K	265
Net DEX	-45.4K	-104.7K	-4.4K	-104.7K	-26.7K
Net VEX	-615	-1.7K	-350	-1.7K	-393
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.80	0.00	2.00	0.00	1.21
Total Volume	3.15	0	31	0	0
Total OI	688.95	427	789	788	489

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
2025-06-02	$21.64	$20.00	125.7%	36.0%	6.2%	82.5%	0.0%	-28.6%	-48.4%	6.7K	-104.7K	-1.7K	0.00	171.92	N/A	N/A	0	0	434	354
2025-06-03	$21.63	$20.00	33.1%	9.5%	6.1%	17.2%	0.0%	-8.2%	-11.2%	9.6K	-32.0K	-830	0.00	139.00	N/A	N/A	0	0	434	354
2025-06-04	$21.77	$20.00	25.9%	7.4%	6.5%	12.1%	0.0%	-5.8%	-8.6%	15.9K	-54.6K	-549	0.00	129.50	N/A	N/A	0	0	434	354
2025-06-05	$21.70	$20.00	27.4%	5.1%	6.5%	13.2%	0.0%	-5.0%	-2.7%	13.2K	-47.9K	-573	0.00	138.73	N/A	N/A	0	0	434	354
2025-06-06	$21.57	$20.00	36.4%	6.5%	6.6%	19.5%	0.0%	-6.3%	-3.1%	8.3K	-36.6K	-734	0.00	143.74	N/A	N/A	0	0	434	354
2025-06-09	$21.64	$20.00	41.1%	6.8%	6.7%	22.8%	0.0%	4.8%	-4.1%	9.3K	-41.1K	-767	0.00	151.25	N/A	N/A	0	0	434	354
2025-06-10	$21.70	$20.00	41.4%	6.8%	6.5%	23.1%	0.0%	6.3%	-3.5%	10.7K	-51.9K	-748	0.00	151.78	N/A	N/A	0	0	434	354
2025-06-11	$21.82	$20.00	22.9%	6.6%	6.8%	10.0%	0.0%	7.3%	-4.3%	13.8K	-72.3K	-704	0.00	151.80	N/A	N/A	0	0	434	354
2025-06-12	$21.88	$20.00	23.2%	6.7%	6.7%	10.2%	0.0%	-3.9%	-3.6%	16.3K	-84.7K	-628	0.00	147.93	N/A	N/A	0	0	434	354
2025-06-13	$21.80	$20.00	24.1%	6.9%	6.5%	10.8%	0.0%	6.7%	-4.7%	13.2K	-64.3K	-668	0.00	149.63	N/A	N/A	0	0	434	354
2025-06-16	$21.74	$20.00	24.7%	7.1%	6.5%	11.2%	0.0%	7.3%	-4.5%	11.6K	-55.7K	-601	0.00	152.09	N/A	N/A	0	0	434	354
2025-06-17	$21.81	$20.00	25.6%	7.3%	6.6%	11.9%	0.0%	6.6%	-5.5%	13.1K	-69.2K	-587	0.00	152.99	N/A	N/A	0	0	434	354
2025-06-18	$21.82	$20.00	25.5%	7.3%	6.6%	11.8%	0.0%	6.5%	-5.8%	13.5K	-71.1K	-539	0.00	149.97	N/A	N/A	1	0	434	354
2025-06-20	$21.84	$20.00	25.8%	7.4%	5.8%	12.1%	0.0%	8.2%	-5.2%	-1.9K	-4.4K	-409	0.00	151.09	N/A	N/A	0	0	435	354
2025-06-23	$21.91	$20.00	26.8%	7.7%	5.9%	12.7%	0.0%	1.2%	-5.9%	-776	-11.6K	-372	2.00	140.68	N/A	N/A	10	20	159	268
2025-06-24	$21.99	$20.00	27.3%	7.8%	6.0%	13.1%	0.0%	1.6%	-6.0%	-870	-13.8K	-405	0.00	152.14	N/A	N/A	0	0	169	288
2025-06-25	$22.01	$20.00	27.9%	8.0%	5.8%	13.5%	0.0%	8.6%	-7.4%	-143	-18.4K	-353	0.00	149.79	N/A	N/A	1	0	169	288
2025-06-26	$22.09	$20.00	27.8%	8.0%	5.9%	13.5%	0.0%	-0.5%	-6.8%	510	-24.7K	-365	0.00	152.00	N/A	N/A	0	0	170	288
2025-06-27	$22.04	$20.00	28.5%	8.2%	5.9%	14.0%	0.0%	9.1%	-7.4%	388	-22.4K	-350	1.21	149.97	N/A	N/A	14	17	170	288
2025-06-30	$22.09	$20.00	30.8%	8.8%	5.9%	15.5%	0.0%	-0.5%	-10.1%	265	-26.7K	-393	0.00	152.08	N/A	N/A	0	0	184	305