SPYX Options History — November 2021

In November 2021, SPYX traded between $37.74 and $38.91. ATM implied volatility averaged 14.7%. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 7.1% (HV 20d: 7.6%). Max pain ranged from $34.67 to $38.33. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.21.

Notable Days

  • 2021-11-08: Highest Volume — 177 contracts
  • 2021-11-26: Largest IV spike — 27.2% change
  • 2021-11-30: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.44$37.74$38.91$37.88$37.74
Max Pain$37.87$34.67$38.33$34.67$38.33
ATM IV14.7%11.3%22.3%12.2%22.3%
Expected Move4.2%3.2%6.4%3.5%6.4%
HV 20d7.6%6.0%12.4%9.2%12.4%
HV 60d11.7%11.3%12.9%11.5%12.9%
Term Structure0.1%-4.1%3.0%0.9%-2.0%
VWIV14.3%11.6%18.5%12.0%16.2%
Skew 25d3.4%-2.6%13.6%0.2%13.6%
Skew 10d4.8%-0.2%12.1%3.1%12.1%
Call IV 25d12.4%8.4%17.4%13.3%15.9%
Put IV 25d15.7%11.0%29.5%13.5%29.5%
Bid-Ask Spread %117.13112.64124.36117.80115.76
Gamma HHI0.200.130.280.230.13
Net GEX31.0K12.4K55.6K27.4K12.4K
Net DEX-214.0K-272.7K-137.7K-167.8K-137.7K
Net VEX-587-679-474-627-647
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.180.240.190.20
Total Volume140.57187177153108
Total OI131.71487153129108

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$37.88$34.6712.2%3.5%9.2%0.0%12.0%0.2%0.9%27.4K-167.8K-6270.19117.80N/AN/A1292410821
2021-11-02$38.07$34.6711.3%3.2%8.5%0.0%13.3%-0.6%2.7%36.7K-187.4K-6330.21119.72N/AN/A1292711421
2021-11-03$38.30$37.3314.3%4.1%8.5%0.0%11.6%-2.6%-4.1%32.4K-218.3K-6170.21116.20N/AN/A1292711424
2021-11-04$38.41$0.0014.3%3.7%8.0%0.0%0.0%2.4%1.4%32.1K-223.1K-6380.21117.23N/AN/A1292711424
2021-11-05$38.65$0.0014.2%3.7%7.8%0.0%0.0%6.3%0.9%34.1K-247.1K-6250.24113.29N/AN/A1142711424
2021-11-08$38.68$0.0013.8%3.9%7.2%0.0%14.2%0.1%-0.4%36.7K-254.8K-5950.18115.27N/AN/A1502711724
2021-11-09$38.53$38.3314.0%3.9%6.8%0.0%0.0%4.8%-0.4%37.0K-227.3K-6060.18112.64N/AN/A1472712024
2021-11-10$38.23$38.3314.5%4.2%8.0%0.0%14.1%4.6%0.8%34.4K-210.6K-6200.22113.60N/AN/A1232712024
2021-11-11$38.28$38.3314.8%4.2%6.4%0.0%13.5%5.3%1.5%36.2K-209.8K-6080.22114.85N/AN/A1232712624
2021-11-12$38.53$38.3312.5%3.6%6.2%0.0%14.1%6.2%-1.2%43.7K-243.2K-5650.22113.82N/AN/A1232712624
2021-11-15$38.57$38.3312.0%3.4%6.2%0.0%13.7%2.1%0.7%42.3K-249.7K-5470.22119.16N/AN/A1232712624
2021-11-16$38.73$38.3315.0%4.3%6.0%0.0%13.7%0.3%-0.5%44.4K-265.0K-5170.21114.30N/AN/A1262712324
2021-11-17$38.65$38.3313.0%3.7%6.2%0.0%14.7%2.3%0.8%48.7K-255.6K-5400.21118.29N/AN/A1262712624
2021-11-18$38.76$38.3312.4%3.6%6.2%0.0%14.8%1.9%1.5%27.8K-272.7K-5140.21117.47N/AN/A1262712924
2021-11-19$38.72$38.3313.4%3.8%6.2%0.0%13.2%2.6%0.5%55.6K-267.1K-4970.21119.24N/AN/A1262712924
2021-11-22$38.91$38.3314.7%4.2%6.3%0.0%13.2%-0.8%0.1%13.0K-171.0K-4740.21120.59N/AN/A72157512
2021-11-23$38.60$38.3314.8%4.2%7.1%0.0%15.1%2.8%0.4%12.6K-162.5K-4980.20117.14N/AN/A90187512
2021-11-24$38.69$38.3315.7%4.5%6.8%0.0%16.2%5.8%-1.1%16.5K-193.2K-6250.20124.36N/AN/A90189315
2021-11-26$37.98$38.3319.9%5.7%9.7%0.0%18.5%7.8%3.0%12.4K-150.1K-6790.20121.81N/AN/A90189315
2021-11-29$38.43$38.3319.7%5.6%10.5%0.0%15.5%5.7%-3.5%14.1K-180.0K-6460.20117.25N/AN/A90189315
2021-11-30$37.74$38.3322.3%6.4%12.4%0.0%16.2%13.6%-2.0%12.4K-137.7K-6470.20115.76N/AN/A90189315