SPMB Options History — February 2026

In February 2026, SPMB traded between $22.41 and $22.84. ATM implied volatility averaged 29.4%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 25.9% (HV 20d: 3.5%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 0 of 19 days.

Notable Days

  • 2026-02-11: Largest IV drop — 40.7% change
  • 2026-02-10: Highest IV Rank — 29.2%
  • 2026-02-27: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.64$22.41$22.84$22.44$22.84
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV29.4%24.8%42.9%26.8%29.7%
Expected Move7.6%7.0%8.5%7.7%8.5%
HV 20d3.5%3.0%3.8%3.4%3.5%
HV 60d3.4%3.1%3.5%3.3%3.1%
IV Rank17.7%13.7%29.2%15.4%17.9%
IV Percentile50.1%18.3%90.5%40.5%62.3%
Term Structure-6.5%-12.0%-4.2%-10.7%-7.1%
Skew 25d0.8%-4.8%17.6%17.6%0.2%
Skew 10d2.9%2.1%7.1%7.1%2.3%
Call IV 25d34.6%17.2%43.6%17.2%40.2%
Put IV 25d35.5%31.5%40.5%34.8%40.5%
Bid-Ask Spread %154.14150.55155.90150.55153.89
Gamma HHI1.001.001.001.001.00
Net GEX-3.5K-3.7K-3.4K-3.7K-3.4K
Net DEX24.6K19.8K29.5K27.2K19.8K
Net VEX-102-130-71-130-71
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI5353535353

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$22.44$0.0026.8%7.7%3.4%15.4%0.0%17.6%-10.7%-3.7K27.2K-1300.00150.55N/AN/A00053
2026-02-03$22.43$0.0027.0%7.7%3.4%15.6%0.0%-4.8%-11.0%-3.6K29.2K-1290.00152.30N/AN/A00053
2026-02-04$22.41$0.0027.8%8.0%3.4%16.3%0.0%-4.7%-12.0%-3.6K29.5K-1280.00151.93N/AN/A00053
2026-02-05$22.49$21.0028.5%7.0%3.6%16.9%0.0%0.7%-4.2%-3.6K27.9K-1260.00155.80N/AN/A00053
2026-02-06$22.52$21.0037.6%7.1%3.6%24.7%0.0%0.7%-4.3%-3.5K27.6K-1250.00155.90N/AN/A00053
2026-02-09$22.52$21.0042.4%7.2%3.0%28.8%0.0%0.7%-4.9%-3.6K27.2K-1210.00155.25N/AN/A00053
2026-02-10$22.59$21.0042.9%7.2%3.2%29.2%0.0%0.6%-4.9%-3.5K26.1K-1110.00155.29N/AN/A00053
2026-02-11$22.55$21.0025.4%7.3%3.3%14.2%0.0%0.7%-5.3%-3.6K26.5K-1100.00155.37N/AN/A00053
2026-02-12$22.66$21.0025.4%7.3%3.7%14.2%0.0%0.5%-5.2%-3.5K24.8K-1090.00154.36N/AN/A00053
2026-02-13$22.73$21.0024.8%7.1%3.8%13.7%0.0%0.5%-5.3%-3.4K23.6K-990.00155.69N/AN/A00053
2026-02-17$22.71$21.0026.3%7.6%3.7%15.0%0.0%0.4%-6.5%-3.5K23.5K-940.00154.94N/AN/A00053
2026-02-18$22.70$21.0026.3%7.5%3.4%15.0%0.0%1.4%-6.4%-3.5K23.5K-920.00154.84N/AN/A00053
2026-02-19$22.70$21.0026.8%7.7%3.4%15.4%0.0%0.3%-4.7%-3.5K23.1K-910.00154.03N/AN/A00053
2026-02-20$22.71$21.0027.2%7.8%3.4%15.8%0.0%0.3%-4.9%-3.5K22.9K-890.00154.59N/AN/A00053
2026-02-23$22.77$21.0028.3%8.1%3.5%16.7%0.0%0.2%-6.4%-3.5K21.4K-840.00153.12N/AN/A00053
2026-02-24$22.77$21.0028.3%8.1%3.5%16.7%0.0%0.2%-6.8%-3.5K21.3K-820.00153.90N/AN/A00053
2026-02-25$22.76$21.0028.4%8.1%3.5%16.8%0.0%0.2%-6.1%-3.5K21.1K-800.00153.45N/AN/A00053
2026-02-26$22.80$21.0029.0%8.3%3.5%17.3%0.0%0.2%-6.4%-3.5K20.4K-720.00153.45N/AN/A00053
2026-02-27$22.84$21.0029.7%8.5%3.5%17.9%0.0%0.2%-7.1%-3.4K19.8K-710.00153.89N/AN/A00053