SPYX Options History — October 2021

In October 2021, SPYX traded between $35.35 and $37.75. ATM implied volatility averaged 17.3%. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 2.5% (HV 20d: 14.8%). Max pain ranged from $34.67 to $37.33. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.16.

Notable Days

  • 2021-10-29: Highest Volume — 144 contracts
  • 2021-10-11: Largest IV spike — 49.6% change
  • 2021-10-01: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.66$35.35$37.75$35.83$37.75
Max Pain$36.00$34.67$37.33$36.00$34.67
ATM IV17.3%10.6%34.8%32.5%11.6%
Expected Move4.3%3.0%9.3%9.3%3.3%
HV 20d14.8%10.9%17.3%14.5%10.9%
HV 60d11.9%11.2%12.7%12.3%11.5%
Term Structure1.6%-0.8%6.9%2.3%6.9%
VWIV13.0%9.6%22.2%14.3%12.3%
Skew 25d5.3%-3.6%28.1%28.1%0.8%
Skew 10d4.5%-3.6%8.6%3.9%1.3%
Call IV 25d11.6%9.2%17.7%11.4%12.5%
Put IV 25d16.9%10.8%39.5%39.5%13.3%
Bid-Ask Spread %127.24118.40141.35141.35118.47
Gamma HHI0.250.190.340.210.21
Net GEX10.8K-2.4K30.3K5.0K24.5K
Net DEX-61.1K-165.2K21.5K-19.9K-149.3K
Net VEX-502-674-315-434-626
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.160.000.270.000.20
Total Volume51.71401449144
Total OI128.71490147126126

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-10-01$35.83$36.0032.5%9.3%14.5%0.0%14.3%28.1%2.3%5.0K-19.9K-4340.00141.35N/AN/A909333
2021-10-04$35.35$37.3334.8%5.3%14.9%0.0%0.0%5.1%0.2%10.9K-60.8K-3150.00137.12N/AN/A00933
2021-10-05$35.80$37.3321.0%5.2%15.9%0.0%0.0%10.3%-0.7%2.2K10.8K-5100.00121.68N/AN/A0010245
2021-10-06$35.78$37.3319.2%5.1%15.9%0.0%0.0%10.9%-0.2%4521.1K-4830.00118.40N/AN/A0010245
2021-10-07$36.18$37.3319.6%4.7%16.6%0.0%0.0%5.1%0.9%2.3K-17.6K-5190.00126.02N/AN/A12010245
2021-10-08$36.11$37.3318.4%4.7%16.3%0.0%0.0%5.8%1.1%-2.4K-3.8K-4830.00126.95N/AN/A0010245
2021-10-11$35.91$37.3327.6%4.8%16.4%0.0%0.0%8.2%0.7%1.6K-2.5K-4620.00127.32N/AN/A0010245
2021-10-12$35.69$37.3329.6%4.9%16.5%0.0%0.0%6.0%0.8%-30021.5K-4190.00127.47N/AN/A0010245
2021-10-13$35.83$37.3316.1%4.6%16.1%0.0%0.0%7.2%1.3%-2.0K18.1K-4000.00127.63N/AN/A0010245
2021-10-14$36.42$37.3312.9%3.7%17.3%0.0%18.0%5.7%2.8%6.2K-39.6K-4150.00126.61N/AN/A0610245
2021-10-15$36.73$37.3312.6%3.6%17.2%0.0%0.0%2.9%1.6%12.2K-74.3K-3980.00135.98N/AN/A3010245
2021-10-18$36.87$34.6713.2%3.8%14.8%0.0%22.2%4.0%0.7%8.9K-49.9K-4000.00135.57N/AN/A037218
2021-10-19$37.11$34.6712.6%3.6%14.8%0.0%0.0%3.2%2.1%11.3K-67.3K-4500.00135.61N/AN/A007518
2021-10-20$37.24$34.6711.2%3.2%14.7%0.0%9.7%2.6%2.3%11.6K-66.6K-4150.27124.43N/AN/A90247521
2021-10-21$37.36$34.6712.5%3.6%14.3%0.0%9.6%1.7%0.0%15.4K-105.3K-5980.26123.83N/AN/A93249321
2021-10-22$37.37$34.6713.6%3.9%14.3%0.0%11.0%-3.6%-0.8%16.2K-111.7K-6240.25120.98N/AN/A96249321
2021-10-25$37.52$34.6711.0%3.2%14.2%0.0%13.7%2.7%1.9%17.7K-120.6K-6100.21123.42N/AN/A114249621
2021-10-26$37.68$34.6711.5%3.3%11.6%0.0%10.1%2.7%1.5%27.6K-157.2K-6740.21125.42N/AN/A1142411421
2021-10-27$37.53$34.6710.6%3.0%11.8%0.0%10.9%1.7%4.4%27.0K-142.0K-6570.21125.18N/AN/A1172411421
2021-10-28$37.73$34.6710.8%3.1%11.0%0.0%11.3%0.3%4.8%30.3K-165.2K-6600.21122.53N/AN/A1172411721
2021-10-29$37.75$34.6711.6%3.3%10.9%0.0%12.3%0.8%6.9%24.5K-149.3K-6260.20118.47N/AN/A1202410521