SPYX Options History — July 2022

In July 2022, SPYX traded between $30.83 and $33.59. ATM implied volatility averaged 24.5%, placing in the 39.4% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 0.6% (HV 20d: 23.9%). Max pain ranged from $31.67 to $41.67. Net GEX was positive for 1 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 5.54.

Notable Days

2022-07-14: Highest Volume — 321 contracts
2022-07-12: Largest IV spike — 67.2% change
2022-07-12: Highest IV Rank — 100.0%
2022-07-12: Largest Expected Move — 7.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$31.80	$30.83	$33.59	$31.08	$33.59
Max Pain	$38.46	$31.67	$41.67	$31.67	$32.33
ATM IV	24.5%	16.7%	49.0%	25.8%	16.7%
Expected Move	6.7%	4.8%	7.7%	7.4%	4.8%
HV 20d	23.9%	18.1%	30.8%	30.6%	19.5%
HV 60d	28.7%	28.0%	29.2%	28.9%	28.2%
IV Rank	39.4%	15.8%	100.0%	50.6%	15.8%
IV Percentile	64.7%	35.7%	100.0%	75.2%	35.7%
Term Structure	-0.3%	-1.6%	1.4%	-0.9%	1.4%
VWIV	20.0%	16.2%	24.3%	24.3%	19.0%
Skew 25d	8.2%	2.3%	14.6%	6.7%	6.2%
Skew 10d	5.2%	1.6%	13.1%	3.9%	2.2%
Call IV 25d	15.8%	13.6%	20.5%	20.5%	15.0%
Put IV 25d	23.9%	18.4%	28.7%	27.2%	21.2%
Bid-Ask Spread %	114.81	101.14	128.63	114.15	116.47
Gamma HHI	0.20	0.11	0.45	0.13	0.45
Net GEX	-3.1K	-7.9K	4.9K	-2.6K	4.9K
Net DEX	45.1K	-81.9K	90.6K	60.9K	-81.9K
Net VEX	-235	-292	-185	-292	-273
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	5.54	1.02	11.50	1.02	11.50
Total Volume	193.05	69	321	297	75
Total OI	133.8	42	228	210	90

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-07-01	$31.08	$31.67	25.8%	7.4%	30.6%	50.6%	24.3%	6.7%	-0.9%	-2.6K	60.9K	-292	1.02	114.15	N/A	N/A	147	150	141	69
2022-07-05	$31.10	$0.00	23.1%	7.5%	30.4%	41.7%	0.0%	14.6%	-0.6%	-1.5K	58.1K	-271	1.02	103.59	N/A	N/A	147	150	141	69
2022-07-06	$31.40	$33.33	23.5%	7.3%	30.6%	42.9%	19.0%	14.3%	-1.0%	-710	48.1K	-271	1.04	101.14	N/A	N/A	147	153	141	69
2022-07-07	$31.74	$33.33	25.2%	7.1%	30.8%	48.7%	18.2%	10.1%	-0.5%	-595	37.1K	-281	1.10	111.04	N/A	N/A	147	162	141	69
2022-07-08	$31.76	$33.33	24.9%	6.8%	30.8%	47.7%	17.8%	10.9%	-0.3%	-3.3K	45.1K	-283	1.12	110.56	N/A	N/A	147	165	141	81
2022-07-11	$31.34	$33.33	29.3%	7.1%	30.2%	62.2%	18.8%	12.9%	-1.1%	-5.9K	57.2K	-271	1.12	106.58	N/A	N/A	147	165	141	84
2022-07-12	$31.00	$33.33	49.0%	7.7%	28.8%	100.0%	23.8%	9.7%	0.7%	-5.6K	80.2K	-280	1.14	115.63	N/A	N/A	147	168	141	84
2022-07-13	$30.94	$41.67	25.9%	7.4%	23.3%	40.0%	20.8%	13.5%	-0.8%	-7.7K	90.5K	-259	1.14	103.39	N/A	N/A	147	168	141	87
2022-07-14	$30.83	$41.67	25.1%	7.2%	23.3%	37.9%	22.0%	11.1%	0.1%	-7.9K	90.6K	-233	1.10	112.72	N/A	N/A	153	168	141	84
2022-07-15	$31.34	$41.67	23.4%	6.7%	23.3%	33.4%	21.9%	5.3%	0.1%	-6.0K	65.6K	-215	1.10	126.38	N/A	N/A	153	168	141	84
2022-07-18	$31.09	$41.67	23.7%	6.8%	18.9%	34.2%	21.2%	4.3%	-1.3%	-2.3K	42.8K	-203	10.50	128.63	N/A	N/A	6	63	6	36
2022-07-19	$32.02	$41.67	22.9%	6.6%	21.1%	32.0%	20.1%	9.4%	0.2%	-2.5K	39.1K	-199	10.50	119.86	N/A	N/A	6	63	6	36
2022-07-20	$32.21	$41.67	21.8%	6.2%	20.2%	29.2%	19.4%	7.3%	1.4%	-2.6K	37.1K	-199	10.50	114.53	N/A	N/A	6	63	6	36
2022-07-21	$32.45	$41.67	21.8%	6.2%	20.3%	29.2%	16.2%	6.1%	-0.8%	-2.7K	35.5K	-188	10.50	114.89	N/A	N/A	6	63	6	36
2022-07-22	$32.18	$41.67	22.0%	6.3%	20.5%	29.7%	19.0%	4.7%	-1.6%	-2.4K	36.8K	-195	10.50	118.56	N/A	N/A	6	63	6	36
2022-07-25	$32.14	$41.67	23.1%	6.6%	18.1%	32.5%	19.9%	5.4%	-0.2%	-2.5K	37.9K	-192	11.50	119.68	N/A	N/A	6	69	6	36
2022-07-26	$31.86	$41.67	23.3%	6.7%	18.4%	33.1%	21.2%	2.7%	-0.3%	-3.4K	50.3K	-221	11.50	120.81	N/A	N/A	6	69	6	42
2022-07-27	$32.82	$41.67	18.5%	5.3%	19.6%	20.6%	16.8%	6.3%	1.4%	-4.1K	37.7K	-192	11.50	118.37	N/A	N/A	6	69	6	42
2022-07-28	$33.08	$41.67	20.6%	5.9%	19.6%	26.0%	20.7%	2.3%	-0.8%	-3.6K	33.2K	-185	1.44	119.30	N/A	N/A	48	69	6	42
2022-07-29	$33.59	$32.33	16.7%	4.8%	19.5%	15.8%	19.0%	6.2%	1.4%	4.9K	-81.9K	-273	11.50	116.47	N/A	N/A	6	69	48	42