SPMB Options History — July 2025

In July 2025, SPMB traded between $21.77 and $22.02. ATM implied volatility averaged 28.5%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 23.9% (HV 20d: 4.6%). Max pain ranged from $20.00 to $21.00. Net GEX was positive for 2 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-07-08: Highest Volume — 32 contracts
  • 2025-07-09: Largest IV drop — 43.4% change
  • 2025-07-08: Highest IV Rank — 21.8%
  • 2025-07-30: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.89$21.77$22.02$22.02$21.94
Max Pain$20.91$20.00$21.00$20.00$21.00
ATM IV28.5%22.4%39.6%23.7%32.4%
Expected Move7.6%6.2%9.4%6.8%9.3%
HV 20d4.6%4.2%5.5%5.4%4.4%
HV 60d5.8%5.3%6.6%6.6%5.3%
IV Rank14.0%9.7%21.8%10.6%16.7%
IV Percentile20.6%1.2%40.5%4.0%35.3%
Term Structure-8.2%-12.3%5.1%5.1%-12.3%
VWIV11.7%9.4%16.3%16.3%9.5%
Skew 25d-6.3%-31.8%17.8%17.8%-29.9%
Skew 10d-2.9%-34.2%5.2%0.1%-0.5%
Call IV 25d21.3%6.5%42.7%9.7%42.7%
Put IV 25d14.9%7.7%28.7%27.6%12.8%
Bid-Ask Spread %148.62137.54153.13150.70149.16
Gamma HHI0.370.270.490.400.41
Net GEX-2.6K-5.8K3.7K3.7K-2.8K
Net DEX8.0K-27.2K28.4K-27.2K10.7K
Net VEX-256-408-138-344-168
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.45503210
Total OI350.182106524489125

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$22.02$20.0023.7%6.8%5.4%10.6%16.3%17.8%5.1%3.7K-27.2K-3440.00150.70N/AN/A10184305
2025-07-02$21.98$20.0032.0%9.2%5.5%16.4%0.0%0.5%-9.8%352-19.4K-4080.00152.21N/AN/A00185305
2025-07-03$21.93$21.0032.9%6.2%5.1%17.0%0.0%0.7%-6.6%-340-14.2K-4050.00153.13N/AN/A00185305
2025-07-07$21.84$21.0037.8%6.5%5.2%20.5%9.4%2.4%-7.5%-937-7.3K-3290.00147.68N/AN/A01185305
2025-07-08$21.84$21.0039.6%6.5%4.7%21.8%9.5%8.2%-7.4%-944-7.5K-3170.00149.97N/AN/A032185306
2025-07-09$21.96$21.0022.4%6.4%4.9%9.7%0.0%-0.8%-7.1%-1.8K-1.7K-3650.00148.26N/AN/A00185338
2025-07-10$21.95$21.0022.8%6.5%4.8%9.9%0.0%-13.9%-7.8%-2.4K3.1K-3720.00152.94N/AN/A00185338
2025-07-11$21.87$21.0023.1%6.6%4.7%10.1%0.0%-12.7%-8.0%-3.6K12.1K-3570.00152.13N/AN/A00185338
2025-07-14$21.84$21.0024.6%7.1%4.6%11.2%0.0%-12.7%-9.1%-3.9K15.2K-3090.00151.66N/AN/A00185338
2025-07-15$21.77$21.0024.6%7.0%4.6%11.2%0.0%3.3%-9.8%-5.8K21.6K-2720.00146.34N/AN/A00185338
2025-07-16$21.80$21.0025.0%7.2%4.5%11.4%0.0%-12.4%-9.5%-1.5K14.5K-2360.00152.18N/AN/A10185338
2025-07-17$21.80$21.0025.4%7.3%4.3%11.7%0.0%3.6%-6.3%-5.6K18.7K-2300.00147.03N/AN/A00186338
2025-07-18$21.84$21.0025.8%7.4%4.4%12.1%0.0%-13.5%-6.5%-4.3K28.4K-1710.00151.96N/AN/A00186338
2025-07-21$21.91$21.0026.8%7.7%4.5%12.7%0.0%0.3%-7.2%-4.5K23.1K-1430.00144.54N/AN/A003670
2025-07-22$21.95$21.0027.3%7.8%4.4%13.1%0.0%-2.6%-7.5%-4.3K22.1K-1430.00147.14N/AN/A003670
2025-07-23$21.88$21.0027.3%7.8%4.4%13.1%0.0%0.2%-8.2%-4.7K24.0K-1380.00147.14N/AN/A1903670
2025-07-24$21.84$21.0029.1%8.3%4.4%14.4%0.0%-20.4%-9.5%-3.0K15.1K-2030.00149.02N/AN/A005570
2025-07-25$21.89$21.0029.2%8.4%4.2%14.4%0.0%-22.7%-9.8%-2.8K13.0K-1990.00149.35N/AN/A005570
2025-07-28$21.87$21.0031.5%9.0%4.2%16.1%0.0%-3.5%-11.7%-3.1K13.2K-1740.00137.54N/AN/A005570
2025-07-29$21.98$21.0031.8%9.1%4.5%16.2%0.0%0.5%-11.9%-2.6K8.3K-1640.00143.17N/AN/A005570
2025-07-30$21.93$21.0032.7%9.4%4.4%16.9%0.0%-31.8%-12.2%-2.9K11.2K-1740.00146.35N/AN/A005570
2025-07-31$21.94$21.0032.4%9.3%4.4%16.7%0.0%-29.9%-12.3%-2.8K10.7K-1680.00149.16N/AN/A005570