SPXS Options History — April 2026

In April 2026, SPXS traded between $39.38 and $39.80. ATM implied volatility averaged 62.9%, placing in the 28.1% IV rank vs the trailing year. The 30-day expected move averaged 18.0%. IV traded above realized volatility by 1.7% (HV 20d: 61.2%). Max pain ranged from $37.00 to $40.00. Net GEX was positive for 2 of 2 trading days. Term structure was in contango for 1 of 2 days. Put/call ratio averaged 0.16.

Notable Days

  • 2026-04-02: Highest Volume — 16,254 contracts
  • 2026-04-02: Largest IV spike — 0.7% change
  • 2026-04-02: Highest IV Rank — 28.3%
  • 2026-04-02: Largest Expected Move — 18.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.59$39.38$39.80$39.38$39.80
Max Pain$38.50$37.00$40.00$37.00$40.00
ATM IV62.9%62.7%63.1%62.7%63.1%
Expected Move18.0%18.0%18.1%18.0%18.1%
HV 20d61.2%60.9%61.6%61.6%60.9%
HV 60d46.7%46.6%46.8%46.8%46.6%
IV Rank28.1%28.0%28.3%28.0%28.3%
IV Percentile85.5%85.3%85.7%85.3%85.7%
Term Structure-1.1%-2.5%0.3%-2.5%0.3%
VWIV64.6%62.8%66.5%66.5%62.8%
Skew 25d-22.9%-25.1%-20.7%-25.1%-20.7%
Skew 10d-30.9%-54.2%-7.6%-54.2%-7.6%
Call IV 25d75.4%74.9%75.9%74.9%75.9%
Put IV 25d52.5%49.8%55.2%49.8%55.2%
Bid-Ask Spread %40.1733.9446.3933.9446.39
Gamma HHI0.090.070.110.070.11
Net GEX1.8M1.6M2.0M2.0M1.6M
Net DEX-52.9M-58.4M-47.5M-47.5M-58.4M
Net VEX-323.8K-325.7K-321.9K-325.7K-321.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.160.150.170.170.15
Total Volume11,6877,12016,2547,12016,254
Total OI75,383.574,74676,02174,74676,021

Daily Data (2 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-04-01$39.38$37.0062.7%18.0%61.6%28.0%66.5%-25.1%-2.5%2.0M-47.5M-325.7K0.1733.94N/AN/A6,1051,01544,23530,511
2026-04-02$39.80$40.0063.1%18.1%60.9%28.3%62.8%-20.7%0.3%1.6M-58.4M-321.9K0.1546.39N/AN/A14,1342,12045,68130,340