SPY Options History — June 2010

In June 2010, SPY traded between $103.22 and $112.14. ATM implied volatility averaged 27.1%, placing in the 58.1% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded below realized volatility by 1.9% (HV 20d: 29.0%). Max pain ranged from $111.00 to $116.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 1.63.

Notable Days

  • 2010-06-17: Highest Volume — 5,382,753 contracts
  • 2010-06-29: Largest IV spike — 53.7% change
  • 2010-06-29: Highest IV Rank — 100.0%
  • 2010-06-07: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$108.64$103.22$112.14$107.53$103.22
Max Pain$112.86$111.00$116.00$116.00$111.00
ATM IV27.1%19.9%42.2%30.2%41.7%
Expected Move7.4%5.7%9.4%8.7%9.0%
HV 20d29.0%24.2%33.0%31.6%24.2%
HV 60d23.8%21.2%25.3%21.2%25.3%
IV Rank58.1%31.7%100.0%71.5%98.3%
IV Percentile83.4%43.7%100.0%98.4%99.6%
Term Structure-0.0%-1.7%1.3%-1.4%-1.1%
VWIV26.9%21.2%32.8%32.8%30.5%
Skew 25d8.8%6.9%11.4%11.1%9.2%
Skew 10d17.5%13.3%23.2%20.5%16.5%
Call IV 25d22.1%17.3%28.3%26.2%27.3%
Put IV 25d30.9%24.6%39.2%37.2%36.5%
Bid-Ask Spread %4.452.069.358.503.41
Gamma HHI0.060.040.070.050.07
Net GEX-1.92B-2.35B-1.19B-1.95B-2.30B
Net DEX30.89B14.74B48.69B39.27B45.72B
Net VEX-215.9M-229.2M-205.7M-223.9M-207.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.630.292.591.341.35
Total Volume1,899,929.545930,8115,382,7531,331,3631,735,429
Total OI17,597,556.27314,118,69620,164,92717,123,45616,544,483

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-06-01$107.53$116.0030.2%8.7%31.6%71.5%32.8%11.1%-1.4%-1.95B39.27B-223.9M1.348.50N/AN/A569,197762,1665,206,02911,917,427
2010-06-02$110.33$116.0025.6%7.4%32.7%53.9%28.2%9.0%-0.7%-1.87B28.71B-222.4M1.847.30N/AN/A496,836916,5545,252,69712,014,175
2010-06-03$110.71$116.0024.9%7.1%32.8%51.2%28.4%9.1%-0.6%-1.76B26.54B-226.7M2.596.66N/AN/A537,2191,391,9345,347,07512,204,852
2010-06-04$106.82$115.0030.4%8.7%33.0%72.3%31.4%11.4%-1.2%-2.07B42.51B-229.2M1.729.35N/AN/A775,4861,332,9985,453,62012,502,129
2010-06-07$105.49$115.0032.7%9.4%32.9%81.1%31.9%11.0%-1.4%-2.34B48.69B-217.8M1.537.32N/AN/A797,4571,217,7285,633,62412,717,439
2010-06-08$106.62$115.0032.8%8.3%28.7%81.3%28.8%9.3%-1.0%-2.35B44.51B-219.4M1.745.76N/AN/A854,2251,485,5035,818,84912,877,098
2010-06-09$106.05$112.0031.1%8.2%28.7%75.0%29.7%10.4%-0.2%-2.35B46.24B-221.5M1.965.25N/AN/A500,629982,9985,989,01913,195,191
2010-06-10$109.15$112.0025.7%7.4%30.4%54.0%28.1%9.0%0.4%-1.86B31.37B-220.2M1.873.76N/AN/A701,9551,314,1806,010,03513,115,321
2010-06-11$109.68$112.0023.6%6.8%30.3%46.1%26.2%8.3%0.8%-2.13B29.24B-216.9M1.704.35N/AN/A600,7661,021,1226,060,06913,383,073
2010-06-14$109.51$112.0024.2%6.9%29.8%48.4%25.4%8.6%0.7%-1.91B29.80B-215.2M1.804.03N/AN/A517,185929,5486,135,47113,313,689
2010-06-15$112.00$112.0021.7%6.2%31.0%38.9%24.7%7.3%0.8%-1.19B16.05B-205.7M1.733.17N/AN/A765,5861,324,5446,136,11113,332,373
2010-06-16$111.96$112.0021.9%6.3%30.6%39.7%24.6%7.2%0.8%-1.43B17.63B-210.6M1.822.77N/AN/A657,4541,197,5476,177,93613,775,289
2010-06-17$112.14$112.0020.9%6.0%30.6%35.7%22.2%6.9%1.0%-1.34B16.18B-208.3M0.294.04N/AN/A4,173,9211,208,8326,252,53513,912,392
2010-06-18$111.73$112.0019.9%5.7%27.0%31.7%21.6%7.3%1.3%-1.87B24.40B-210.6M1.444.26N/AN/A558,242804,4185,790,19613,936,671
2010-06-21$111.41$112.0021.5%6.2%26.6%38.1%21.2%7.2%0.8%-1.41B14.74B-207.1M1.302.36N/AN/A601,027782,1294,028,36910,090,327
2010-06-22$109.57$112.0023.1%6.6%26.9%44.1%24.1%7.8%0.3%-1.71B22.36B-211.7M1.902.42N/AN/A564,4831,075,1264,244,54610,311,851
2010-06-23$109.23$112.0023.4%6.7%27.0%45.3%23.8%7.5%0.5%-1.86B23.96B-215.2M1.642.45N/AN/A559,717916,9914,437,01710,696,175
2010-06-24$107.42$112.0026.4%7.6%27.6%56.7%26.0%8.6%0.0%-1.91B30.11B-217.4M1.822.26N/AN/A546,507996,3014,608,00110,768,109
2010-06-25$107.87$112.0025.4%6.9%24.8%53.1%25.0%8.6%0.8%-2.18B28.97B-218.0M1.603.59N/AN/A676,1281,084,6034,734,19611,068,077
2010-06-28$107.53$112.0027.5%6.9%24.4%61.0%25.0%8.2%0.6%-2.10B30.18B-216.7M1.042.72N/AN/A455,735475,0764,779,83711,279,404
2010-06-29$104.21$111.0042.2%9.0%26.2%100.0%31.1%10.5%-1.7%-2.23B42.46B-208.4M1.822.06N/AN/A1,041,8781,891,0904,886,93911,208,522
2010-06-30$103.22$111.0041.7%9.0%24.2%98.3%30.5%9.2%-1.1%-2.30B45.72B-207.2M1.353.41N/AN/A738,761996,6685,056,23611,488,247