SPYX Options History — April 2023

In April 2023, SPYX traded between $32.80 and $33.69. ATM implied volatility averaged 22.8%, placing in the 9.9% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 9.6% (HV 20d: 13.2%). Max pain ranged from $30.00 to $33.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.36.

Notable Days

  • 2023-04-17: Highest Volume — 41 contracts
  • 2023-04-10: Largest IV spike — 50.4% change
  • 2023-04-05: Highest IV Rank — 23.2%
  • 2023-04-05: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.33$32.80$33.69$33.35$33.69
Max Pain$30.75$30.00$33.00$30.00$33.00
ATM IV22.8%17.7%31.7%19.4%22.3%
Expected Move6.5%5.1%9.1%5.6%6.4%
HV 20d13.2%10.5%17.7%17.7%12.6%
HV 60d15.3%14.8%16.3%16.3%14.8%
IV Rank9.9%1.6%23.2%8.7%8.7%
IV Percentile34.8%2.0%89.3%12.7%30.6%
Term Structure-3.3%-10.2%5.9%0.2%-4.9%
VWIV17.4%11.6%23.1%17.4%17.6%
Skew 25d4.0%-1.5%10.3%2.5%6.7%
Skew 10d-5.7%-11.3%3.2%-1.3%-9.5%
Call IV 25d18.0%12.9%23.7%19.9%12.9%
Put IV 25d22.0%14.8%31.5%22.4%19.6%
Bid-Ask Spread %119.91104.47137.95133.19112.58
Gamma HHI0.330.170.590.230.37
Net GEX6.8K1.2K17.9K9.6K1.2K
Net DEX-122.3K-220.8K-20.1K-220.8K-27.1K
Net VEX-278-382-164-382-196
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.001.670.000.00
Total Volume10.42104130
Total OI86.2633112311436

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$33.35$30.0019.4%5.6%17.7%8.7%17.4%2.5%0.2%9.6K-220.8K-3820.00133.19N/AN/A3010014
2023-04-04$33.09$30.0024.1%6.9%17.0%15.6%23.1%-1.5%-10.2%9.7K-207.9K-3790.04137.95N/AN/A26110014
2023-04-05$33.06$30.0031.7%9.1%17.0%23.2%11.6%7.8%-7.9%8.0K-198.9K-3700.00136.89N/AN/A0129615
2023-04-06$33.20$0.0019.8%6.1%15.4%4.8%0.0%6.5%1.0%6.9K-207.0K-3760.00121.71N/AN/A009626
2023-04-10$33.19$0.0029.7%8.0%13.8%20.2%0.0%1.5%-3.8%7.5K-201.9K-3520.00132.13N/AN/A019626
2023-04-11$33.27$0.0026.2%6.2%13.8%14.7%0.0%6.8%0.1%7.4K-202.9K-3580.00118.73N/AN/A209627
2023-04-12$33.11$0.0020.2%5.8%13.9%5.4%0.0%3.9%-2.8%7.7K-204.2K-3510.00109.58N/AN/A009627
2023-04-13$33.57$0.0025.9%7.4%14.3%14.3%0.0%2.6%-9.4%7.2K-214.1K-3640.00118.92N/AN/A3009627
2023-04-14$33.48$0.0024.2%6.9%12.7%11.6%0.0%7.1%-2.2%6.1K-107.9K-3490.00124.28N/AN/A006627
2023-04-17$33.53$0.0019.6%5.6%11.7%4.6%0.0%3.6%-0.7%6.7K-112.6K-3260.03110.76N/AN/A4016627
2023-04-18$33.63$0.0023.8%6.8%11.7%11.0%0.0%5.5%-2.6%3.6K-62.0K-1640.00124.21N/AN/A2304128
2023-04-19$33.60$0.0020.9%6.0%10.9%6.6%0.0%-1.1%-2.9%17.9K-110.7K-1791.67111.83N/AN/A356028
2023-04-20$33.34$0.0020.9%6.0%10.8%6.6%0.0%5.3%5.9%14.1K-75.9K-2041.50113.61N/AN/A235833
2023-04-21$33.41$0.0020.9%6.0%10.5%6.6%0.0%5.4%-4.1%9.2K-75.4K-1970.00111.06N/AN/A3705736
2023-04-24$33.45$0.0021.4%6.1%10.5%7.3%0.0%10.3%-5.0%1.8K-26.3K-1850.00118.96N/AN/A00238
2023-04-25$32.98$0.0021.5%6.2%11.9%7.4%0.0%-0.7%-5.3%1.6K-20.5K-1830.00124.40N/AN/A03238
2023-04-26$32.80$0.0022.7%6.5%11.9%9.4%0.0%5.3%-6.7%1.8K-20.1K-1790.00112.96N/AN/A00238
2023-04-27$33.47$0.0017.7%5.1%12.6%1.6%17.6%-0.9%-1.1%1.8K-26.7K-1820.00104.47N/AN/A06238
2023-04-28$33.69$33.0022.3%6.4%12.6%8.7%0.0%6.7%-4.9%1.2K-27.1K-1960.00112.58N/AN/A002313