SPYX Options History — May 2022

In May 2022, SPYX traded between $31.55 and $34.90. ATM implied volatility averaged 29.6%, placing in the 64.9% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 1.7% (HV 20d: 31.2%). Max pain ranged from $31.67 to $35.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.56.

Notable Days

  • 2022-05-19: Highest Volume — 321 contracts
  • 2022-05-05: Largest IV spike — 36.8% change
  • 2022-05-09: Highest IV Rank — 100.0%
  • 2022-05-09: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.76$31.55$34.90$33.68$33.61
Max Pain$32.67$31.67$35.00$35.00$31.67
ATM IV29.6%23.7%40.7%29.0%23.7%
Expected Move8.2%6.8%9.7%8.3%6.8%
HV 20d31.2%23.7%34.9%24.3%32.4%
HV 60d25.8%23.2%27.2%23.2%26.7%
IV Rank64.9%43.7%100.0%68.1%43.7%
IV Percentile88.8%70.5%100.0%94.0%70.5%
Term Structure-2.0%-3.8%-0.3%-2.7%-1.8%
VWIV26.7%21.1%30.5%25.3%22.2%
Skew 25d10.4%5.4%17.4%12.5%5.6%
Skew 10d12.3%3.0%18.2%17.5%4.2%
Call IV 25d20.6%15.2%27.6%23.9%18.1%
Put IV 25d31.0%22.0%36.4%36.4%23.7%
Bid-Ask Spread %105.7895.47120.47100.54120.47
Gamma HHI0.170.100.340.140.10
Net GEX3.9K-13010.0K2.6K2.0K
Net DEX29.1K-74.7K104.5K98.2K13.2K
Net VEX-346-501-191-424-276
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.490.700.510.70
Total Volume246.857195321195270
Total OI213.143171306192174

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$33.68$35.0029.0%8.3%24.3%68.1%25.3%12.5%-2.7%2.6K98.2K-4240.51100.54N/AN/A1296613854
2022-05-03$33.83$35.0029.2%8.4%23.7%69.0%22.6%11.9%-3.8%3.0K87.6K-4540.51108.82N/AN/A1296613854
2022-05-04$34.90$35.0024.9%7.1%26.7%52.9%26.0%14.3%-3.1%4.9K65.8K-4830.53119.44N/AN/A1296913854
2022-05-05$33.56$0.0034.0%8.6%29.6%86.8%0.0%8.6%-1.1%1.5K104.5K-5010.6095.47N/AN/A1267513863
2022-05-06$33.43$0.0034.7%8.3%29.3%89.4%0.0%13.2%-1.2%4.4K23.0K-2770.6098.37N/AN/A1267514130
2022-05-09$32.48$0.0040.7%9.7%30.6%100.0%0.0%10.3%-2.5%3.2K28.7K-2600.6098.91N/AN/A1267514130
2022-05-10$32.47$0.0037.4%8.6%30.3%89.2%0.0%9.5%-2.4%2.2K45.3K-1910.6395.56N/AN/A1298114130
2022-05-11$31.98$0.0033.1%9.5%30.5%74.8%0.0%9.6%-2.3%98358.6K-2130.6399.89N/AN/A1449014436
2022-05-12$31.71$0.0033.0%9.5%29.6%74.5%0.0%6.5%-2.9%-13073.6K-2410.6699.19N/AN/A1419315945
2022-05-13$32.68$0.0027.1%7.8%32.3%55.0%0.0%6.6%-1.3%1.5K43.9K-2520.5296.99N/AN/A20110516248
2022-05-16$32.50$0.0028.1%8.1%32.3%58.2%0.0%9.8%-2.1%6.6K23.2K-3690.57107.52N/AN/A18310521057
2022-05-17$33.16$0.0025.4%7.3%32.2%49.2%0.0%11.4%-1.0%10.0K-7.1K-3760.57112.12N/AN/A18310521357
2022-05-18$31.83$0.0030.2%8.7%34.6%65.3%30.2%17.4%-3.2%2.3K57.4K-3400.49106.29N/AN/A21310521057
2022-05-19$31.72$31.6728.8%8.3%34.4%60.7%28.7%12.5%-1.6%3.9K20.4K-4070.49108.37N/AN/A21610524057
2022-05-20$31.55$31.6726.9%7.7%33.9%54.2%27.6%10.0%-0.3%1.7K47.7K-3640.53104.99N/AN/A21011124363
2022-05-23$32.13$31.6728.9%8.3%34.9%60.8%29.0%9.2%-2.4%6.0K-17.7K-3700.51102.86N/AN/A1598116239
2022-05-24$32.03$31.6727.8%8.0%34.0%57.2%30.5%12.2%-1.8%5.8K-12.1K-3530.51105.11N/AN/A1598116239
2022-05-25$32.28$31.6728.9%8.3%34.3%60.8%28.7%11.3%-2.1%6.3K-23.3K-3740.53110.11N/AN/A1598416239
2022-05-26$32.93$31.6725.2%7.2%33.7%48.7%28.4%10.2%-0.7%7.2K-45.9K-3730.51112.70N/AN/A1598116242
2022-05-27$33.59$31.6724.0%6.9%32.5%44.5%21.1%5.4%-1.3%6.4K-74.7K-3680.51117.64N/AN/A1598116242
2022-05-31$33.61$0.0023.7%6.8%32.4%43.7%22.2%5.6%-1.8%2.0K13.2K-2760.70120.47N/AN/A15911113242