SPXS Options History — September 2012

In September 2012, SPXS traded between $40900.00 and $46950.00. ATM implied volatility averaged 39.1%. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 8.4% (HV 20d: 30.7%). Max pain ranged from $45000.00 to $47500.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 19 of 19 days. Put/call ratio averaged 0.35.

Notable Days

  • 2012-09-10: Highest Volume — 1 contracts
  • 2012-09-10: Largest IV spike — 32.4% change
  • 2012-09-05: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42918.42$40900.00$46950.00$46950.00$42950.00
Max Pain$46447.37$45000.00$47500.00$47500.00$45000.00
ATM IV39.1%31.2%47.2%47.1%37.1%
Expected Move11.4%10.1%13.5%13.5%10.6%
HV 20d30.7%17.5%35.8%18.3%35.1%
HV 60d35.4%34.1%36.5%34.5%35.4%
Term Structure6.6%1.6%12.4%1.6%4.3%
VWIV41.2%33.2%50.5%48.8%39.3%
Skew 25d-12.6%-22.7%-8.4%-11.2%-10.2%
Skew 10d-24.0%-34.5%-1.8%-15.4%-19.6%
Call IV 25d46.7%39.8%54.6%53.8%44.2%
Put IV 25d34.1%23.1%42.6%42.6%34.1%
Bid-Ask Spread %33.3813.5676.2651.8514.23
Gamma HHI0.150.120.190.150.16
Net GEX74.0K13.1K149.5K146.5K139.1K
Net DEX4.2M40.9K6.9M40.9K2.2M
Net VEX-34.2K-48.0K-26.4K-48.0K-37.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.011.480.080.13
Total Volume0.1050100
Total OI9.10581099

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-09-04$46950.00$47500.0047.1%13.5%18.3%0.0%48.8%-11.2%1.6%146.5K40.9K-48.0K0.0851.85N/AN/A0063
2012-09-05$46950.00$47500.0047.2%13.5%17.5%0.0%50.5%-17.5%1.9%149.5K263.1K-46.1K0.3922.30N/AN/A0063
2012-09-06$44100.00$47500.0038.2%10.9%28.1%0.0%40.4%-13.0%5.1%70.5K3.4M-38.0K0.7730.75N/AN/A0063
2012-09-07$43500.00$47500.0031.2%10.6%28.3%0.0%42.1%-13.6%12.4%55.1K4.2M-38.6K0.1035.77N/AN/A0063
2012-09-10$44325.00$47500.0041.3%12.5%29.4%0.0%46.9%-14.2%5.7%65.9K3.7M-39.3K0.0130.72N/AN/A1063
2012-09-11$43925.00$47500.0044.9%12.9%29.5%0.0%45.1%-14.7%6.0%66.7K3.7M-39.0K0.3317.91N/AN/A0063
2012-09-12$43475.00$47500.0036.9%11.5%29.5%0.0%40.3%-12.5%7.9%44.1K5.0M-31.4K0.3517.91N/AN/A0063
2012-09-13$41400.00$47500.0040.1%11.5%33.5%0.0%42.5%-22.7%7.4%13.1K6.5M-28.3K0.2424.79N/AN/A1063
2012-09-14$40900.00$47500.0038.2%10.9%33.2%0.0%40.1%-12.1%7.0%35.0K6.8M-26.4K0.5714.98N/AN/A0073
2012-09-17$41225.00$47500.0036.5%10.5%33.5%0.0%33.2%-12.8%9.0%50.0K6.0M-32.1K0.2772.14N/AN/A0073
2012-09-18$41325.00$47500.0039.9%11.4%33.6%0.0%39.3%-11.3%8.8%59.4K6.1M-31.8K0.6721.51N/AN/A0073
2012-09-19$41325.00$45000.0039.5%11.3%33.2%0.0%39.1%-11.3%7.5%31.1K6.4M-29.7K0.4276.26N/AN/A0073
2012-09-20$41350.00$45000.0039.1%11.2%33.2%0.0%37.5%-9.3%8.7%25.8K6.9M-26.6K0.1370.18N/AN/A0073
2012-09-21$41400.00$45000.0036.7%10.5%31.7%0.0%38.9%-9.3%11.0%82.3K5.9M-29.4K1.4816.94N/AN/A0073
2012-09-24$41625.00$45000.0035.1%10.1%31.6%0.0%39.0%-16.2%6.9%61.6K4.3M-30.5K0.0913.56N/AN/A0053
2012-09-25$42800.00$45000.0039.2%11.2%33.7%0.0%39.7%-10.9%4.4%96.4K2.9M-33.1K0.0422.14N/AN/A0053
2012-09-26$43600.00$45000.0038.6%11.1%34.6%0.0%42.1%-8.8%4.2%111.6K2.1M-35.3K0.2240.20N/AN/A0053
2012-09-27$42325.00$45000.0035.2%10.1%35.8%0.0%37.1%-8.4%6.4%102.9K4.0M-28.4K0.3540.06N/AN/A0053
2012-09-28$42950.00$45000.0037.1%10.6%35.1%0.0%39.3%-10.2%4.3%139.1K2.2M-37.5K0.1314.23N/AN/A0063