SPXS Options History — April 2021

In April 2021, SPXS traded between $261.20 and $305.10. ATM implied volatility averaged 42.4%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 11.5% (HV 20d: 30.9%). Max pain ranged from $260.00 to $300.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.19.

Notable Days

  • 2021-04-08: Highest Volume — 781 contracts
  • 2021-04-22: Largest IV spike — 15.9% change
  • 2021-04-22: Highest IV Rank — 41.9%
  • 2021-04-22: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$276.22$261.20$305.10$305.10$268.00
Max Pain$272.86$260.00$300.00$300.00$260.00
ATM IV42.4%34.3%49.5%39.6%46.3%
Expected Move12.6%11.3%14.2%11.3%13.3%
HV 20d30.9%27.2%35.8%35.8%32.1%
HV 60d43.4%36.8%46.4%45.5%37.3%
IV Rank33.0%21.5%41.9%21.5%39.2%
IV Percentile4.8%0.4%12.7%0.8%10.7%
Term Structure-28.3%-46.2%24.4%7.2%-41.8%
VWIV47.1%40.0%54.1%40.0%46.8%
Skew 25d-18.0%-21.2%-14.1%-15.3%-20.2%
Skew 10d-33.3%-38.3%-27.8%-33.2%-35.4%
Call IV 25d55.7%47.4%62.0%47.4%58.4%
Put IV 25d37.7%32.0%41.2%32.0%38.1%
Bid-Ask Spread %18.806.7649.5949.5912.22
Gamma HHI0.150.100.240.170.10
Net GEX577.0K290.4K1.1M803.0K499.9K
Net DEX-36.6M-231.4M-23.0M-34.0M-29.2M
Net VEX-101.9K-158.4K-75.8K-97.2K-115.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.190.050.480.240.20
Total Volume475.476194781420268
Total OI4,715.6672,83115,5833,7144,284

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$305.10$300.0039.6%11.3%35.8%21.5%40.0%-15.3%7.2%803.0K-34.0M-97.2K0.2449.59N/AN/A340802,864850
2021-04-05$290.10$280.0045.4%12.8%32.5%29.2%44.4%-16.7%-38.8%440.1K-24.3M-75.8K0.3449.30N/AN/A4871643,032861
2021-04-06$291.20$280.0041.0%12.8%32.5%27.6%54.1%-19.7%-30.8%973.3K-31.3M-92.6K0.0516.77N/AN/A411233,392958
2021-04-07$289.40$280.0038.1%12.3%31.1%28.6%49.7%-20.0%6.4%1.1M-30.0M-91.4K0.1429.98N/AN/A254373,554959
2021-04-08$286.10$280.0038.1%12.7%31.0%28.7%46.8%-18.0%-38.8%901.9K-27.9M-88.5K0.088.75N/AN/A723583,622987
2021-04-09$280.60$280.0034.3%12.1%30.2%25.7%46.3%-17.5%-32.3%546.5K-23.9M-80.6K0.1010.89N/AN/A556573,544993
2021-04-12$278.70$280.0038.7%12.2%30.1%30.1%47.3%-16.4%-38.3%744.0K-25.4M-87.2K0.109.81N/AN/A398393,8661,002
2021-04-13$276.20$280.0039.4%12.5%30.1%30.7%46.7%-15.6%-39.4%924.6K-231.4M-158.4K0.178.97N/AN/A58310111,7983,785
2021-04-14$279.80$280.0043.9%12.6%31.0%34.2%44.9%-17.6%9.8%1.0M-27.7M-90.2K0.2432.13N/AN/A5191243,9321,037
2021-04-15$269.70$270.0040.8%11.7%32.7%31.8%45.0%-18.4%-12.7%511.2K-23.2M-89.8K0.3626.77N/AN/A4201504,1131,090
2021-04-16$267.00$270.0041.8%12.0%27.2%32.6%44.5%-16.1%-38.9%290.4K-23.0M-91.4K0.3412.57N/AN/A285964,2901,084
2021-04-19$272.20$270.0044.6%12.8%29.2%34.8%51.4%-19.1%-42.6%375.0K-26.1M-97.1K0.056.76N/AN/A664312,098733
2021-04-20$276.60$270.0048.9%14.0%30.5%38.2%49.8%-21.2%-46.2%446.3K-29.0M-103.6K0.489.19N/AN/A4902362,380759
2021-04-21$269.50$270.0042.7%12.2%28.4%33.3%49.1%-18.2%-41.1%330.8K-26.6M-111.9K0.0910.86N/AN/A403372,576979
2021-04-22$275.50$270.0049.5%14.2%30.4%41.9%51.1%-20.4%-44.8%403.9K-29.6M-115.3K0.1711.04N/AN/A456762,675989
2021-04-23$266.80$270.0044.2%12.7%31.4%37.4%48.3%-17.3%-42.1%316.2K-25.0M-109.5K0.1011.56N/AN/A348362,7741,010
2021-04-26$265.90$260.0045.2%13.0%30.9%38.3%49.7%-18.5%-42.0%359.1K-25.7M-110.5K0.157.01N/AN/A247362,8481,031
2021-04-27$265.50$260.0044.5%12.8%30.8%37.7%46.5%-18.8%-41.5%363.1K-25.7M-111.4K0.199.10N/AN/A194382,9311,063
2021-04-28$265.50$260.0043.5%12.5%30.3%36.8%42.9%-14.1%-29.3%407.2K-26.5M-111.0K0.1548.67N/AN/A169252,9981,093
2021-04-29$261.20$260.0040.5%11.6%30.3%34.2%43.2%-18.2%24.4%394.6K-24.0M-110.0K0.1812.88N/AN/A276503,0941,101
2021-04-30$268.00$260.0046.3%13.3%32.1%39.2%46.8%-20.2%-41.8%499.9K-29.2M-115.8K0.2012.22N/AN/A223453,1721,112