SPYX Options History — August 2022

In August 2022, SPYX traded between $32.29 and $35.12. ATM implied volatility averaged 20.6%, placing in the 26.1% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 1.2% (HV 20d: 19.4%). Max pain ranged from $32.00 to $33.33. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 15 of 23 days. Put/call ratio averaged 3.85.

Notable Days

2022-08-08: Highest Volume — 108 contracts
2022-08-02: Largest IV spike — 21.7% change
2022-08-30: Highest IV Rank — 39.7%
2022-08-30: Largest Expected Move — 7.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$33.87	$32.29	$35.12	$33.49	$32.29
Max Pain	$32.28	$32.00	$33.33	$32.33	$33.33
ATM IV	20.6%	17.1%	25.9%	17.1%	25.6%
Expected Move	5.9%	4.9%	7.4%	4.9%	7.3%
HV 20d	19.4%	17.0%	22.4%	19.5%	22.4%
HV 60d	24.7%	23.3%	27.4%	27.4%	24.9%
IV Rank	26.1%	17.0%	39.7%	17.0%	39.0%
IV Percentile	49.6%	36.1%	75.0%	36.9%	72.6%
Term Structure	0.2%	-8.2%	3.7%	3.7%	-2.1%
VWIV	20.4%	14.6%	23.9%	18.2%	20.9%
Skew 25d	4.7%	-0.1%	14.2%	8.3%	1.7%
Skew 10d	4.6%	1.8%	10.6%	2.5%	4.9%
Call IV 25d	15.3%	12.7%	21.5%	13.3%	17.8%
Put IV 25d	20.1%	16.0%	29.2%	21.6%	19.5%
Bid-Ask Spread %	116.80	108.97	123.32	119.02	123.10
Gamma HHI	0.26	0.11	0.50	0.50	0.11
Net GEX	4.5K	-1.3K	9.5K	6.0K	-1.3K
Net DEX	-84.8K	-194.9K	32.7K	-79.5K	32.7K
Net VEX	-258	-351	-171	-277	-265
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.85	0.00	11.50	11.50	2.09
Total Volume	28.435	0	108	75	102
Total OI	99.13	63	126	90	90

Daily Data (23 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
2022-08-01	$33.49	$32.33	17.1%	4.9%	19.5%	17.0%	18.2%	8.3%	3.7%	6.0K	-79.5K	-277	11.50	119.02	N/A	N/A	6	69	48	42
2022-08-02	$33.35	$32.33	20.8%	6.0%	19.7%	26.6%	21.5%	7.3%	1.2%	5.5K	-73.0K	-288	11.50	115.97	N/A	N/A	6	69	48	42
2022-08-03	$33.91	$32.33	20.8%	6.0%	20.1%	26.5%	21.8%	14.2%	-3.6%	4.4K	-88.5K	-261	8.00	117.55	N/A	N/A	9	72	48	42
2022-08-04	$33.87	$32.00	21.7%	5.8%	20.0%	29.0%	21.9%	8.2%	1.3%	4.5K	-90.1K	-291	8.00	112.64	N/A	N/A	9	72	51	45
2022-08-05	$33.72	$32.00	18.6%	5.9%	20.2%	21.0%	21.3%	8.1%	1.5%	6.4K	-95.6K	-278	8.00	113.14	N/A	N/A	9	72	54	45
2022-08-08	$33.72	$32.00	22.2%	6.0%	19.3%	30.2%	17.7%	6.5%	1.4%	5.9K	-88.3K	-287	2.60	113.17	N/A	N/A	30	78	54	45
2022-08-09	$33.53	$32.00	21.2%	5.8%	18.9%	27.6%	0.0%	5.2%	1.0%	9.5K	-103.2K	-351	0.00	116.77	N/A	N/A	3	0	72	48
2022-08-10	$34.27	$32.00	18.2%	5.2%	19.7%	20.0%	0.0%	4.5%	2.1%	7.6K	-147.6K	-294	0.00	116.74	N/A	N/A	0	0	72	48
2022-08-11	$34.18	$32.00	19.2%	5.5%	19.7%	22.5%	0.0%	2.8%	1.3%	8.2K	-141.7K	-314	0.00	114.36	N/A	N/A	0	3	72	48
2022-08-12	$34.77	$32.00	17.8%	5.1%	19.8%	18.7%	0.0%	3.1%	-0.8%	6.2K	-172.5K	-247	0.00	114.46	N/A	N/A	0	0	72	51
2022-08-15	$35.01	$32.00	18.9%	5.4%	19.2%	21.6%	0.0%	2.0%	0.5%	5.5K	-183.8K	-222	0.00	115.50	N/A	N/A	3	0	72	51
2022-08-16	$35.12	$32.00	18.8%	5.4%	17.0%	21.4%	0.0%	3.5%	-0.4%	6.1K	-194.9K	-232	2.00	113.03	N/A	N/A	3	6	75	51
2022-08-17	$34.81	$32.00	18.9%	5.4%	17.7%	21.7%	0.0%	4.1%	2.0%	6.1K	-175.5K	-241	0.00	115.23	N/A	N/A	0	0	72	54
2022-08-18	$34.90	$32.00	18.2%	5.2%	17.6%	19.9%	0.0%	3.3%	1.9%	5.9K	-180.3K	-223	0.00	118.49	N/A	N/A	0	0	72	54
2022-08-19	$34.38	$32.00	19.1%	5.5%	18.3%	22.1%	0.0%	5.5%	2.0%	5.9K	-171.1K	-236	0.00	111.25	N/A	N/A	0	0	72	51
2022-08-22	$33.60	$32.00	21.7%	6.2%	20.6%	28.9%	14.6%	0.7%	1.0%	1.1K	-763	-243	0.00	119.96	N/A	N/A	9	0	24	39
2022-08-23	$33.53	$32.00	21.1%	6.0%	20.2%	27.3%	0.0%	0.3%	0.8%	2.5K	-5.3K	-250	0.00	123.32	N/A	N/A	0	0	33	39
2022-08-24	$33.66	$32.00	21.7%	6.2%	17.5%	28.8%	18.7%	1.8%	-0.3%	2.5K	-7.3K	-238	0.00	108.97	N/A	N/A	3	0	33	39
2022-08-25	$34.02	$32.00	19.4%	5.6%	17.7%	23.0%	23.8%	2.6%	2.0%	4.7K	-20.6K	-230	0.00	118.67	N/A	N/A	0	3	36	39
2022-08-26	$32.95	$33.33	23.4%	6.7%	20.4%	33.2%	0.0%	3.6%	-2.2%	540	11.7K	-252	0.00	121.90	N/A	N/A	0	0	36	42
2022-08-29	$32.76	$33.33	24.2%	6.9%	20.5%	35.4%	21.0%	-0.1%	-0.6%	-689	18.8K	-236	0.00	120.97	N/A	N/A	3	0	36	42
2022-08-30	$33.22	$33.33	25.9%	7.4%	21.1%	39.7%	23.9%	11.5%	-8.2%	-890	5.6K	-171	0.25	122.13	N/A	N/A	12	3	39	42
2022-08-31	$32.29	$33.33	25.6%	7.3%	22.4%	39.0%	20.9%	1.7%	-2.1%	-1.3K	32.7K	-265	2.09	123.10	N/A	N/A	33	69	45	45