State Street SPDR Portfolio S&P 500 ETF (SPYM) Options History
Historical options analytics archive for SPYM with monthly max pain, implied volatility, gamma exposure, and put/call data.
18 months of complete options data available.
SPYM monthly aggregates
Month-by-month rollups derived from the daily snapshot archive for SPYM. Volatility and put/call columns are averages across trading days within the month; max pain, net GEX, and net DEX are the end-of-month values (last trading day of the month).
| Month | Days | Avg ATM IV | Avg IV Rank | End Max Pain | End Net GEX | End Net DEX | Avg P/C |
|---|---|---|---|---|---|---|---|
| 2026-09 | 21 | 12.7% | 7.5% | $91.00 | -$115.0K | -$55.7M | 4.61 |
| 2026-08 | 21 | 12.3% | 3.0% | $85.00 | $2.3M | -$87.8M | 5.70 |
| 2026-07 | 17 | 13.4% | 4.1% | $87.00 | $2.8M | -$69.9M | 0.88 |
| 2026-06 | 18 | 15.3% | 5.8% | $87.00 | $3.0M | -$79.7M | 0.68 |
| 2026-05 | 20 | 14.4% | 5.0% | $86.00 | $3.6M | -$125.2M | 0.56 |
| 2026-04 | 19 | 17.2% | 7.5% | $80.00 | $4.1M | -$71.9M | 1.23 |
This archive aggregates SPYM's daily end-of-day options snapshots into monthly summaries, spanning 2024-09 through 2026-09. Each month rolls up the underlying snapshot archive, which provides continuous end-of-day coverage from 2007 to present: implied-volatility levels, IV rank, and the put/call ratio are time-averaged across the month; total call and put volume are summed; and dealer positioning (net gamma and delta exposure) and the max-pain strike are taken at the month's final trading day. The result is a long-horizon view of how SPYM option pricing, volatility regime, and dealer hedging pressure evolved month over month, useful for backtesting strategy assumptions and for studying volatility-regime shifts around earnings and macro events. The most recent aggregated month (2026-09) shows an average ATM implied volatility near 12.7%, a month-end max-pain strike around $91.00, an average put/call ratio of 4.61.
2026
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep
2025
2024
Frequently asked SPYM history questions
- How much options history is available for SPYM?
- This archive holds 18 months of SPYM options analytics, spanning 2024-09 through 2026-09. Each entry is a monthly rollup of SPYM's daily end-of-day options snapshot record, which provides continuous coverage from 2007 to present. Use the year-grouped links on this page to jump to any specific month within the SPYM archive.
- What data does each monthly SPYM aggregate contain?
- Every monthly row summarizes that month of SPYM option activity: time-averaged ATM implied volatility and IV rank, the month-end max-pain strike, end-of-month net dealer gamma (GEX) and delta (DEX) exposure, the average put/call ratio, and total call and put volume. For example, 2026-09 recorded an average ATM implied volatility near 12.7%, an average IV rank of 7.5%, a month-end max-pain strike around $91.00, an average put/call ratio of 4.61.
- How is the SPYM options-history archive built and how often does it update?
- The archive is derived from SPYM's daily end-of-day options snapshots, which capture spot, the full listed chain, implied volatility, and dealer-positioning exposures each trading day. Those daily records are rolled up into the monthly summaries shown here and refreshed as new end-of-day data lands. Traders use the long-horizon view to backtest strategy assumptions, study how SPYM's volatility regime shifts around earnings and macro events, and compare current dealer positioning against historical norms.