SPY Options History — June 2024

In June 2024, SPY traded between $526.18 and $547.98. ATM implied volatility averaged 10.9%, placing in the 9.2% IV rank vs the trailing year. The 30-day expected move averaged 3.2%. IV traded above realized volatility by 3.1% (HV 20d: 7.8%). Max pain ranged from $500.00 to $531.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 1.20.

Notable Days

  • 2024-06-28: Highest Volume — 8,187,825 contracts
  • 2024-06-12: Largest IV drop — 10.1% change
  • 2024-06-03: Highest IV Rank — 18.0%
  • 2024-06-04: Largest Expected Move — 3.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$540.20$526.18$547.98$526.18$544.88
Max Pain$521.84$500.00$531.00$500.00$531.00
ATM IV10.9%10.0%11.8%11.8%10.6%
Expected Move3.2%2.9%3.7%3.7%3.0%
HV 20d7.8%6.5%8.4%7.5%6.5%
HV 60d10.5%10.3%10.8%10.6%10.3%
IV Rank9.2%0.0%18.0%18.0%7.0%
IV Percentile16.4%0.0%45.6%45.6%5.2%
Term Structure0.2%-0.1%0.3%0.1%0.1%
VWIV12.0%10.6%13.7%13.3%10.7%
Skew 25d2.3%1.7%2.9%2.9%2.5%
Skew 10d5.2%3.7%6.6%5.8%4.9%
Call IV 25d9.9%9.3%10.5%10.5%9.3%
Put IV 25d12.2%11.0%13.3%13.3%11.8%
Bid-Ask Spread %1.661.312.161.882.14
Gamma HHI0.040.020.070.020.03
Net GEX3.37B-3.77B11.34B-1.10B-2.84B
Net DEX-105.30B-160.28B-57.04B-78.96B-62.37B
Net VEX-635.2M-675.6M-569.5M-663.2M-661.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.200.891.721.131.21
Total Volume6,668,206.7375,306,7518,187,8258,062,8418,187,825
Total OI19,256,695.31616,481,66620,871,80518,637,30617,676,591

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-06-03$526.18$500.0011.8%3.7%7.5%18.0%13.3%2.9%0.1%-1.10B-78.96B-663.2M1.131.88N/AN/A3,782,4464,280,3955,768,52312,868,783
2024-06-04$527.63$500.0011.7%3.7%7.2%16.8%13.6%2.8%0.2%945.6M-83.66B-675.6M1.141.92N/AN/A3,490,0463,995,4725,907,41613,087,787
2024-06-05$533.68$500.0011.1%3.5%8.0%10.0%13.5%2.6%0.2%7.26B-115.36B-665.6M1.271.81N/AN/A3,204,0214,066,9435,928,64013,241,253
2024-06-06$534.07$518.0011.1%3.2%8.0%9.8%13.2%2.3%0.2%3.91B-117.12B-638.4M1.721.31N/AN/A2,407,1544,134,3035,994,97613,550,993
2024-06-07$534.08$519.0010.8%3.2%7.9%7.0%11.7%2.1%0.3%2.43B-113.74B-632.2M1.221.38N/AN/A3,222,5173,924,2165,993,50614,365,076
2024-06-10$534.97$520.0011.2%3.2%7.9%10.8%13.7%2.2%-0.0%2.89B-109.30B-642.0M1.321.50N/AN/A2,325,0003,066,5345,810,09714,147,344
2024-06-11$536.20$520.0011.3%3.2%7.9%11.9%12.8%2.2%-0.1%3.63B-116.12B-628.8M1.101.37N/AN/A2,808,5703,085,8845,787,98214,300,227
2024-06-12$540.65$520.0010.1%2.9%8.2%0.0%11.0%1.7%0.1%8.69B-145.85B-569.5M1.191.68N/AN/A3,329,3693,976,5445,851,92414,406,968
2024-06-13$542.76$523.0010.0%2.9%7.4%0.0%10.9%1.7%0.1%6.69B-145.18B-595.0M1.211.51N/AN/A2,881,1803,495,4875,944,34014,653,630
2024-06-14$541.98$525.0010.4%3.0%7.5%4.3%11.7%2.3%0.2%3.49B-134.89B-626.5M1.561.53N/AN/A2,603,2884,063,1295,991,14614,859,229
2024-06-17$547.80$529.0010.6%3.0%8.2%7.2%11.9%2.0%0.3%11.34B-160.28B-602.1M1.231.54N/AN/A3,357,9284,131,9175,820,03214,474,927
2024-06-18$547.98$530.0010.5%3.0%8.2%6.4%11.1%2.2%0.3%9.58B-157.88B-586.7M1.022.16N/AN/A2,801,6182,869,0705,876,43114,866,900
2024-06-20$547.43$530.0011.2%3.2%8.2%13.5%12.0%2.4%0.3%4.33B-145.80B-608.0M1.051.62N/AN/A3,912,1784,126,1755,855,00515,016,800
2024-06-21$544.47$530.0011.2%3.2%8.4%13.1%11.8%2.3%0.2%-3.77B-57.04B-656.4M1.251.67N/AN/A2,737,2173,411,3524,662,99215,341,191
2024-06-24$543.98$530.0011.3%3.2%7.9%14.6%11.9%2.6%0.1%-1.11B-58.63B-654.6M1.161.46N/AN/A2,974,3293,442,1964,381,29812,100,368
2024-06-25$544.52$530.0010.9%3.1%7.7%10.7%11.6%2.5%0.1%2.19B-61.73B-660.5M1.011.56N/AN/A2,752,1392,778,1324,471,25612,518,213
2024-06-26$544.76$530.0010.7%3.0%7.6%8.1%10.6%2.5%0.1%1.85B-66.45B-646.1M0.891.74N/AN/A2,808,1242,498,6274,475,77312,606,694
2024-06-27$545.71$530.0010.5%2.9%7.4%5.6%10.8%2.4%0.1%3.62B-70.32B-656.3M1.091.82N/AN/A2,753,0303,011,5734,528,00312,744,897
2024-06-28$544.88$531.0010.6%3.0%6.5%7.0%10.7%2.5%0.1%-2.84B-62.37B-661.2M1.212.14N/AN/A3,697,5264,490,2994,585,55313,091,038