SPMB Options History — December 2025

In December 2025, SPMB traded between $22.39 and $22.54. ATM implied volatility averaged 32.1%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 28.2% (HV 20d: 3.8%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 0 of 22 days.

Notable Days

  • 2025-12-04: Largest IV spike — 51.4% change
  • 2025-12-09: Highest IV Rank — 24.9%
  • 2025-12-31: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.46$22.39$22.54$22.46$22.43
ATM IV32.1%25.1%44.1%34.0%36.0%
Expected Move8.4%7.1%10.3%9.8%10.3%
HV 20d3.8%3.1%4.2%4.0%3.1%
HV 60d3.6%3.5%3.8%3.8%3.5%
IV Rank16.5%11.5%24.9%17.8%19.3%
IV Percentile56.3%21.0%79.0%64.3%73.4%
Term Structure-7.7%-13.6%-3.4%-12.7%-12.4%
Skew 25d1.5%-24.8%25.4%13.2%25.4%
Skew 10d1.6%-5.2%8.7%1.0%7.4%
Call IV 25d30.5%10.3%41.1%24.4%12.5%
Put IV 25d31.9%11.7%41.5%37.6%37.9%
Bid-Ask Spread %152.78149.17155.97150.81149.80
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$22.46$0.0034.0%9.8%4.0%17.8%0.0%13.2%-12.7%0000.00150.81N/AN/A0000
2025-12-02$22.49$0.0033.6%9.6%3.7%17.6%0.0%0.3%-12.0%0000.00150.42N/AN/A0000
2025-12-03$22.54$0.0025.1%7.2%3.8%11.5%0.0%0.3%-12.2%0000.00150.74N/AN/A0000
2025-12-04$22.48$0.0037.9%7.1%3.8%20.6%0.0%0.7%-3.4%0000.00155.97N/AN/A0000
2025-12-05$22.48$0.0039.3%7.2%3.6%21.5%0.0%5.2%-4.2%0000.00155.27N/AN/A0000
2025-12-08$22.44$0.0041.9%7.4%3.7%23.4%0.0%0.7%-5.3%0000.00155.05N/AN/A0000
2025-12-09$22.41$0.0044.1%7.4%3.7%24.9%0.0%0.7%-4.0%0000.00155.06N/AN/A0000
2025-12-10$22.49$0.0025.9%7.4%3.8%12.1%0.0%2.0%-4.6%0000.00149.59N/AN/A0000
2025-12-11$22.52$0.0025.7%7.4%3.8%12.0%0.0%0.5%-4.9%0000.00154.06N/AN/A0000
2025-12-12$22.45$0.0026.3%7.5%3.9%12.4%0.0%0.6%-5.2%0000.00155.06N/AN/A0000
2025-12-15$22.46$0.0027.5%7.9%3.9%13.2%0.0%18.4%-5.9%0000.00153.73N/AN/A0000
2025-12-16$22.52$0.0028.2%8.1%4.0%13.7%0.0%0.4%-5.9%0000.00153.39N/AN/A0000
2025-12-17$22.51$0.0028.1%8.1%4.0%13.7%0.0%3.3%-6.2%0000.00149.17N/AN/A0000
2025-12-18$22.43$0.0028.9%8.3%4.2%14.3%0.0%-17.6%-6.7%0000.00154.32N/AN/A0000
2025-12-19$22.39$0.0029.0%8.3%4.2%14.3%0.0%-0.3%-6.2%0000.00154.15N/AN/A0000
2025-12-22$22.39$0.0030.2%8.6%4.0%15.1%0.0%-24.8%-8.1%0000.00151.89N/AN/A0000
2025-12-23$22.39$0.0029.7%8.5%4.0%14.8%0.0%-0.4%-7.8%0000.00152.58N/AN/A0000
2025-12-24$22.44$0.0031.3%9.0%4.0%15.9%0.0%1.3%-8.8%0000.00153.43N/AN/A0000
2025-12-26$22.45$0.0032.2%9.2%4.0%16.5%0.0%1.3%-8.0%0000.00152.49N/AN/A0000
2025-12-29$22.46$0.0034.7%10.0%4.0%18.3%0.0%0.7%-11.9%0000.00152.29N/AN/A0000
2025-12-30$22.46$0.0035.7%10.2%3.1%19.1%0.0%0.7%-13.6%0000.00151.81N/AN/A0000
2025-12-31$22.43$0.0036.0%10.3%3.1%19.3%0.0%25.4%-12.4%0000.00149.80N/AN/A0000