SPXS Options History — October 2023

In October 2023, SPXS traded between $148.80 and $180.50. ATM implied volatility averaged 50.1%, placing in the 33.2% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 11.4% (HV 20d: 38.7%). Max pain ranged from $140.00 to $150.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.36.

Notable Days

  • 2023-10-06: Highest Volume — 5,122 contracts
  • 2023-10-18: Largest IV spike — 16.6% change
  • 2023-10-27: Highest IV Rank — 54.4%
  • 2023-10-27: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$160.79$148.80$180.50$159.10$170.10
Max Pain$142.73$140.00$150.00$140.00$140.00
ATM IV50.1%42.5%57.3%49.3%49.1%
Expected Move14.5%12.3%17.0%14.3%14.7%
HV 20d38.7%32.3%46.1%32.3%44.8%
HV 60d35.2%33.1%38.3%33.1%38.1%
IV Rank33.2%17.5%54.4%28.2%39.2%
IV Percentile50.2%30.6%69.4%44.0%47.6%
Term Structure-0.7%-4.3%0.5%-0.7%0.0%
VWIV52.8%42.0%61.0%56.8%49.5%
Skew 25d-15.4%-20.0%-11.7%-13.4%-14.1%
Skew 10d-30.4%-38.7%-23.4%-27.1%-27.4%
Call IV 25d60.1%51.3%68.7%57.3%58.2%
Put IV 25d44.8%38.5%51.4%43.9%44.1%
Bid-Ask Spread %21.552.8047.522.8047.52
Gamma HHI0.160.100.280.120.10
Net GEX2.2M1.3M3.6M2.2M1.6M
Net DEX-77.7M-118.3M-41.7M-83.6M-78.6M
Net VEX-302.6K-324.2K-269.5K-301.1K-269.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.070.990.260.72
Total Volume2,8501,4225,1222,4441,422
Total OI30,350.09123,28135,66229,40824,388

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$159.10$140.0049.3%14.3%32.3%28.2%56.8%-13.4%-0.7%2.2M-83.6M-301.1K0.262.80N/AN/A1,94350114,08915,319
2023-10-03$164.90$140.0054.6%15.9%33.7%36.6%55.7%-14.6%-0.3%2.2M-104.2M-314.9K0.277.32N/AN/A2,47966514,09515,666
2023-10-04$160.50$140.0049.7%14.3%35.4%28.9%49.8%-13.0%-0.1%2.2M-87.4M-306.4K0.413.46N/AN/A1,72370914,29515,876
2023-10-05$160.70$150.0049.1%14.0%35.4%28.0%50.3%-13.4%-0.3%2.5M-91.6M-309.2K0.8743.70N/AN/A1,3801,20514,96815,914
2023-10-06$154.60$150.0046.5%12.8%38.9%23.8%42.0%-11.7%0.0%2.7M-63.9M-299.0K0.996.26N/AN/A2,5702,55215,06916,966
2023-10-09$153.40$150.0048.1%13.3%37.9%26.4%52.3%-13.1%-1.4%1.8M-54.6M-315.8K0.2941.41N/AN/A1,47242214,10917,776
2023-10-10$150.00$150.0044.3%12.8%38.9%20.3%45.7%-12.6%0.4%1.7M-42.1M-321.2K0.613.73N/AN/A2,6561,61514,49317,872
2023-10-11$148.80$150.0042.9%12.4%39.0%18.2%49.1%-12.9%0.5%2.0M-41.7M-321.9K0.0743.37N/AN/A2,10715015,39618,892
2023-10-12$151.60$150.0042.5%12.3%37.7%17.5%45.3%-13.5%0.3%3.6M-60.2M-314.2K0.183.32N/AN/A2,05937116,24618,904
2023-10-13$154.80$140.0048.6%13.4%36.1%27.2%53.9%-17.9%-2.4%3.5M-80.8M-324.2K0.0840.50N/AN/A3,70030516,60319,059
2023-10-16$148.90$140.0045.2%13.0%39.2%22.7%47.5%-15.4%-1.2%1.6M-41.7M-310.4K0.1915.20N/AN/A2,28643015,40718,758
2023-10-17$150.40$140.0046.2%13.2%39.0%24.6%50.7%-16.2%-1.2%2.3M-52.3M-319.6K0.2439.13N/AN/A2,47660616,18818,752
2023-10-18$156.40$140.0053.9%15.4%40.2%39.7%51.7%-18.3%-4.3%3.2M-80.1M-308.2K0.213.47N/AN/A2,78357516,26319,002
2023-10-19$160.40$140.0054.9%15.8%37.8%41.9%61.0%-20.0%-1.6%2.6M-94.5M-304.7K0.1440.14N/AN/A2,84439115,94619,264
2023-10-20$165.20$140.0057.0%16.7%38.9%45.8%60.2%-19.1%-3.7%2.9M-113.9M-299.0K0.242.96N/AN/A3,00472016,13219,437
2023-10-23$165.90$140.0053.1%15.6%38.9%39.1%49.1%-18.6%0.5%1.4M-76.2M-293.5K0.5832.70N/AN/A2,0481,18811,07912,202
2023-10-24$162.40$140.0049.0%14.4%37.7%32.5%57.8%-16.6%0.4%1.3M-66.5M-299.6K0.333.47N/AN/A1,33443511,32413,070
2023-10-25$170.10$140.0054.2%16.1%41.0%42.2%55.0%-16.6%0.3%2.1M-92.5M-289.9K0.2939.22N/AN/A1,79852111,65613,188
2023-10-26$176.60$140.0056.0%16.7%41.5%49.1%59.5%-16.1%0.0%2.0M-105.8M-281.8K0.2112.01N/AN/A2,29048511,59713,344
2023-10-27$180.50$140.0057.3%17.0%41.9%54.4%59.9%-16.2%-0.3%2.5M-118.3M-280.4K0.3438.66N/AN/A2,12672011,85213,615
2023-10-30$172.10$140.0051.7%15.5%46.1%43.9%59.2%-15.1%0.2%1.4M-80.0M-271.5K0.413.82N/AN/A1,15947510,71712,914
2023-10-31$170.10$140.0049.1%14.7%44.8%39.2%49.5%-14.1%0.0%1.6M-78.6M-269.5K0.7247.52N/AN/A82659611,26413,124