SPXS Options History — April 2022

In April 2022, SPXS traded between $171.20 and $222.90. ATM implied volatility averaged 63.5%, placing in the 57.9% IV rank vs the trailing year. The 30-day expected move averaged 18.5%. IV traded above realized volatility by 6.6% (HV 20d: 56.9%). Max pain ranged from $150.00 to $170.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.17.

Notable Days

  • 2022-04-06: Highest Volume — 3,137 contracts
  • 2022-04-11: Largest IV spike — 42.5% change
  • 2022-04-29: Highest IV Rank — 82.0%
  • 2022-04-29: Largest Expected Move — 25.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$192.25$171.20$222.90$177.50$222.90
Max Pain$158.50$150.00$170.00$150.00$170.00
ATM IV63.5%43.3%89.5%48.6%89.5%
Expected Move18.5%14.3%25.7%16.2%25.7%
HV 20d56.9%50.0%70.2%65.8%70.2%
HV 60d65.0%63.4%69.3%63.4%69.3%
IV Rank57.9%39.2%82.0%44.1%82.0%
IV Percentile77.8%48.8%97.2%64.3%97.2%
Term Structure3.2%-5.0%8.6%8.6%-4.8%
VWIV64.3%54.1%84.6%57.4%84.6%
Skew 25d-25.5%-32.5%-13.7%-13.7%-29.7%
Skew 10d-45.3%-58.6%-22.3%-22.3%-55.5%
Call IV 25d80.2%56.4%108.3%56.4%108.3%
Put IV 25d54.7%42.7%78.6%42.7%78.6%
Bid-Ask Spread %14.555.9424.7819.8616.17
Gamma HHI0.170.070.660.150.08
Net GEX1.5M735.9K3.3M1.7M899.8K
Net DEX-57.0M-86.9M-33.7M-45.3M-86.9M
Net VEX-190.8K-219.6K-172.2K-191.2K-219.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.060.350.130.32
Total Volume1,659.658473,1371,2452,156
Total OI8,472.15,40511,09610,0347,768

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$177.50$150.0048.6%16.2%65.8%44.1%57.4%-13.7%8.6%1.7M-45.3M-191.2K0.1319.86N/AN/A1,1061398,4661,568
2022-04-04$171.20$160.0043.3%14.3%60.0%39.2%54.6%-22.4%7.7%1.5M-33.7M-172.3K0.1424.38N/AN/A9721338,6621,612
2022-04-05$177.00$150.0053.2%16.5%61.1%48.4%58.4%-24.6%5.4%1.9M-46.2M-185.9K0.1021.86N/AN/A1,5011479,0691,654
2022-04-06$181.70$150.0054.8%16.8%56.5%49.9%60.4%-26.8%5.9%2.4M-56.4M-193.5K0.0613.57N/AN/A2,9571809,4271,669
2022-04-07$177.50$150.0054.5%16.5%55.2%49.6%59.2%-26.7%6.7%1.9M-44.7M-179.6K0.0911.46N/AN/A1,7611518,6771,682
2022-04-08$179.40$150.0049.9%16.0%54.0%45.3%55.7%-25.5%7.8%1.6M-42.1M-172.2K0.1011.06N/AN/A1,3721418,2491,715
2022-04-11$189.70$150.0071.1%18.4%57.4%65.0%61.6%-27.3%3.7%2.2M-67.0M-180.5K0.127.63N/AN/A1,8652258,4351,734
2022-04-12$192.80$160.0067.0%18.3%54.2%61.1%62.7%-26.4%5.4%2.2M-64.8M-178.9K0.168.94N/AN/A1,6282538,1191,714
2022-04-13$184.70$160.0054.4%15.6%53.0%49.6%54.1%-24.6%7.5%1.8M-51.7M-176.1K0.1917.39N/AN/A1,4362718,3901,770
2022-04-14$191.00$160.0059.1%16.9%51.6%53.9%55.2%-23.6%3.6%3.3M-63.7M-177.7K0.099.49N/AN/A1,8761748,5601,780
2022-04-18$194.60$160.0059.9%17.2%50.0%54.6%59.3%-25.6%3.1%735.9K-45.2M-180.5K0.1812.96N/AN/A9531704,484921
2022-04-19$183.50$160.0053.7%15.4%54.3%48.9%56.7%-19.6%3.4%904.4K-40.1M-181.9K0.1524.78N/AN/A9501434,888975
2022-04-20$182.10$160.0052.9%15.2%51.6%48.2%55.9%-21.8%4.2%975.6K-42.7M-189.5K0.2418.73N/AN/A6821655,242993
2022-04-21$191.50$160.0061.5%17.6%53.7%56.1%58.9%-23.7%3.5%997.2K-53.5M-193.2K0.1518.13N/AN/A1,1301735,3941,020
2022-04-22$203.90$160.0071.3%20.4%56.6%65.2%70.2%-25.9%0.4%914.3K-65.6M-202.6K0.179.53N/AN/A1,5452625,5101,052
2022-04-25$204.50$160.0073.1%21.0%56.2%66.8%74.5%-28.8%0.4%872.3K-64.7M-204.1K0.2411.05N/AN/A1,7514205,4951,100
2022-04-26$218.70$160.0089.0%25.5%58.7%81.5%82.7%-32.2%-5.0%803.2K-75.8M-210.3K0.265.94N/AN/A1,6814395,5501,241
2022-04-27$218.20$170.0086.8%24.9%55.0%79.5%83.5%-32.5%-3.2%838.0K-83.8M-217.4K0.187.96N/AN/A7701376,0591,315
2022-04-28$202.50$170.0076.0%21.8%63.1%69.5%80.1%-29.0%-0.9%910.6K-66.4M-208.9K0.3520.07N/AN/A1,0243545,9731,510
2022-04-29$222.90$170.0089.5%25.7%70.2%82.0%84.6%-29.7%-4.8%899.8K-86.9M-219.6K0.3216.17N/AN/A1,6385186,1661,602