SPYX Options History — September 2021

In September 2021, SPYX traded between $35.55 and $37.49. ATM implied volatility averaged 17.0%. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 7.1% (HV 20d: 9.9%). Max pain ranged from $32.33 to $37.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.34.

Notable Days

  • 2021-09-23: Highest Volume — 30 contracts
  • 2021-09-27: Largest IV spike — 86.8% change
  • 2021-09-30: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.69$35.55$37.49$37.42$35.55
Max Pain$35.70$32.33$37.00$37.00$32.33
ATM IV17.0%12.8%29.9%13.0%29.9%
Expected Move4.8%3.4%8.6%3.7%8.6%
HV 20d9.9%7.1%14.1%7.2%14.1%
HV 60d11.9%11.6%12.4%11.7%12.3%
Term Structure-0.4%-10.5%5.2%-1.7%-10.5%
VWIV11.3%10.1%13.1%10.1%10.7%
Skew 25d6.9%2.7%18.2%2.7%9.6%
Skew 10d7.2%0.9%15.4%0.9%9.1%
Call IV 25d11.9%8.5%24.8%10.2%13.0%
Put IV 25d18.9%12.9%31.3%12.9%22.5%
Bid-Ask Spread %132.91122.25144.72135.28144.72
Gamma HHI0.320.220.450.370.22
Net GEX10.8K-3.9K26.9K22.1K9.0K
Net DEX-46.1K-114.5K25.4K-95.6K-47.0K
Net VEX-492-595-206-566-240
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.340.001.001.000.00
Total Volume3.71403000
Total OI114.5714513811778

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$37.42$37.0013.0%3.7%7.2%0.0%0.0%2.7%-1.7%22.1K-95.6K-5660.00135.28N/AN/A008136
2021-09-02$37.43$36.0013.7%3.4%7.1%0.0%0.0%5.5%3.8%24.6K-94.5K-5580.00129.30N/AN/A008136
2021-09-03$37.49$36.0013.8%3.7%7.1%0.0%0.0%5.9%3.4%26.9K-114.5K-5721.00125.27N/AN/A338136
2021-09-07$37.36$36.0015.5%3.7%7.3%0.0%0.0%3.0%2.7%19.9K-96.5K-5290.00130.23N/AN/A008136
2021-09-08$37.28$36.0013.3%3.8%7.4%0.0%0.0%7.7%5.2%18.8K-83.6K-5490.00127.55N/AN/A008439
2021-09-09$37.19$36.0012.8%3.7%7.5%0.0%0.0%7.8%3.1%21.2K-67.7K-5310.00128.01N/AN/A008439
2021-09-10$36.86$36.0014.4%4.1%8.2%0.0%0.0%4.9%2.4%15.2K-37.0K-5080.00130.78N/AN/A308439
2021-09-13$36.84$36.0014.1%4.0%8.1%0.0%10.1%6.9%1.6%11.4K-48.2K-4901.00129.41N/AN/A338439
2021-09-14$36.69$36.0014.6%4.2%8.2%0.0%0.0%3.4%2.5%10.6K-42.6K-5050.00132.15N/AN/A008739
2021-09-15$37.04$36.0013.0%3.7%8.4%0.0%0.0%9.2%4.8%19.2K-69.4K-4950.00133.45N/AN/A009042
2021-09-16$36.98$36.0013.8%4.0%8.2%0.0%13.1%3.4%0.9%15.2K-69.1K-4620.40130.24N/AN/A1569042
2021-09-17$36.61$36.0018.2%5.2%9.0%0.0%0.0%6.1%-5.9%11.0K-21.8K-4650.00128.15N/AN/A309042
2021-09-20$35.76$36.0022.2%6.4%11.8%0.0%0.0%5.5%-0.9%-1.5K25.4K-5340.00122.25N/AN/A035745
2021-09-21$35.97$32.3322.8%6.5%11.6%0.0%0.0%8.7%-7.0%5.7K-43.6K-2060.00144.10N/AN/A00423
2021-09-22$36.24$36.0015.7%4.5%12.0%0.0%0.0%3.8%0.8%-2.2K4.1K-5290.00131.30N/AN/A036045
2021-09-23$36.65$36.0016.9%4.8%12.7%0.0%0.0%4.8%-4.4%157-14.9K-5580.00132.46N/AN/A3006048
2021-09-24$36.73$36.0013.5%3.9%12.6%0.0%10.7%7.1%0.5%-3.9K-27.5K-5510.00132.17N/AN/A306048
2021-09-27$36.59$36.0025.3%7.2%12.2%0.0%0.0%18.2%-9.2%1.6K-31.1K-3430.00140.72N/AN/A006933
2021-09-28$35.84$36.0019.3%5.5%13.8%0.0%0.0%14.9%-1.4%1.7K-7.1K-5950.00140.57N/AN/A009345
2021-09-29$35.89$36.0021.2%6.1%13.9%0.0%0.0%6.5%1.6%-80413.2K-5380.00142.93N/AN/A009345
2021-09-30$35.55$32.3329.9%8.6%14.1%0.0%0.0%9.6%-10.5%9.0K-47.0K-2400.00144.72N/AN/A00753