SPXS Options History — August 2024

In August 2024, SPXS traded between $71.70 and $92.50. ATM implied volatility averaged 51.0%, placing in the 41.9% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded below realized volatility by 12.7% (HV 20d: 63.7%). Max pain ranged from $70.00 to $80.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.23.

Notable Days

  • 2024-08-05: Highest Volume — 5,436 contracts
  • 2024-08-05: Largest IV spike — 46.0% change
  • 2024-08-02: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 23.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$78.23$71.70$92.50$80.20$72.00
Max Pain$75.68$70.00$80.00$75.00$70.00
ATM IV51.0%35.8%88.7%47.4%37.8%
Expected Move13.6%9.8%23.6%15.3%9.8%
HV 20d63.7%47.5%70.6%47.5%54.4%
HV 60d42.9%32.5%45.2%32.5%44.6%
IV Rank41.9%13.3%100.0%66.5%16.6%
IV Percentile83.3%42.1%100.0%90.1%54.4%
Term Structure-0.2%-22.8%11.4%0.8%3.3%
VWIV52.6%42.0%94.0%55.6%42.1%
Skew 25d-15.7%-49.1%-2.3%-7.4%-15.8%
Skew 10d-22.5%-52.8%3.3%-4.7%-15.3%
Call IV 25d60.2%45.2%124.7%58.5%49.3%
Put IV 25d44.5%33.4%75.6%51.1%33.4%
Bid-Ask Spread %68.2832.9989.4289.4269.23
Gamma HHI0.230.140.330.330.20
Net GEX949.3K513.6K1.7M1.3M862.4K
Net DEX-17.8M-44.0M-3.6M-25.8M-8.7M
Net VEX-167.9K-243.0K-130.4K-196.7K-147.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.080.510.220.16
Total Volume2,485.9091,0805,4363,8311,566
Total OI17,631.63614,90322,69716,54022,697

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$80.20$75.0047.4%15.3%47.5%66.5%55.6%-7.4%0.8%1.3M-25.8M-196.7K0.2289.42N/AN/A3,15267913,0673,473
2024-08-02$84.80$75.0060.7%18.7%50.3%100.0%67.3%-9.7%8.1%1.5M-33.9M-206.3K0.1880.99N/AN/A4,03673512,5403,647
2024-08-05$92.50$70.0088.7%23.6%57.8%100.0%94.0%-49.1%-4.4%607.7K-44.0M-243.0K0.3560.86N/AN/A4,0251,41111,5193,622
2024-08-06$87.10$80.0061.2%18.6%62.9%54.9%66.9%-21.3%-3.7%630.3K-29.9M-208.6K0.2662.76N/AN/A2,22056911,3204,150
2024-08-07$90.00$80.0067.1%18.7%62.1%64.6%71.6%-27.2%-3.0%980.7K-38.9M-211.6K0.1851.20N/AN/A3,22457312,1934,237
2024-08-08$84.80$80.0056.0%15.6%66.8%46.5%63.9%-22.9%3.7%691.3K-25.5M-172.6K0.1659.85N/AN/A2,38739211,2564,262
2024-08-09$83.80$80.0054.4%14.2%66.5%43.9%58.8%-19.5%4.4%681.0K-22.2M-175.2K0.2855.77N/AN/A1,57144112,3574,393
2024-08-12$84.10$80.0058.1%14.2%66.5%49.8%57.5%-13.0%-10.3%832.6K-23.5M-167.2K0.1064.89N/AN/A1,22112010,9653,938
2024-08-13$79.90$80.0047.3%13.4%69.2%32.3%51.4%-16.3%-0.7%798.8K-14.5M-162.7K0.3268.07N/AN/A1,32142911,4574,006
2024-08-14$78.80$80.0045.2%12.5%68.5%28.8%44.9%-14.0%-3.3%918.8K-11.9M-158.1K0.2072.92N/AN/A1,36527812,1384,158
2024-08-15$74.90$80.0047.6%10.9%70.6%32.8%47.0%-10.3%-3.7%513.6K-3.6M-132.9K0.2878.97N/AN/A2,14859412,8004,218
2024-08-16$74.60$80.0038.8%10.7%70.0%18.2%42.8%-9.8%-0.4%1.1M-7.3M-138.1K0.1981.48N/AN/A1,27124114,4144,121
2024-08-19$72.90$80.0035.8%10.0%69.4%13.3%42.0%-2.3%8.4%595.7K-4.9M-130.4K0.5176.10N/AN/A1,20261112,4823,569
2024-08-20$72.80$80.0040.9%11.7%69.4%21.8%45.9%-12.0%4.2%708.2K-6.5M-148.3K0.1777.89N/AN/A1,51025713,3033,766
2024-08-21$72.20$75.0038.1%10.9%65.0%17.1%42.1%-12.8%6.6%843.9K-9.7M-158.9K0.1972.07N/AN/A1,48327714,3243,771
2024-08-22$73.90$70.0045.7%12.7%65.7%29.6%44.8%-13.1%3.4%1.3M-16.1M-159.5K0.1768.05N/AN/A2,35038915,1593,795
2024-08-23$72.00$70.0039.2%10.7%66.0%19.0%44.9%-11.9%4.4%867.4K-11.5M-156.3K0.1973.62N/AN/A1,91137015,9363,917
2024-08-26$72.20$70.0057.0%10.9%66.1%48.2%42.3%-15.2%-22.8%1.1M-12.8M-151.7K0.3475.13N/AN/A1,30844915,3913,588
2024-08-27$71.70$70.0045.9%10.7%65.2%30.0%42.2%-11.8%-11.3%1.1M-11.8M-155.5K0.1671.64N/AN/A93314715,9143,983
2024-08-28$72.90$70.0053.0%12.7%62.8%41.6%47.1%-15.8%0.7%1.3M-14.5M-155.1K0.0858.21N/AN/A3,11026216,3094,075
2024-08-29$72.90$70.0055.9%11.8%58.9%46.3%43.1%-15.3%11.4%1.7M-13.5M-157.6K0.3432.99N/AN/A1,60954317,4054,261
2024-08-30$72.00$70.0037.8%9.8%54.4%16.6%42.1%-15.8%3.3%862.4K-8.7M-147.3K0.1669.23N/AN/A1,34821818,2274,470