SPYX Options History — July 2023

In July 2023, SPYX traded between $35.81 and $37.25. ATM implied volatility averaged 19.2%, placing in the 7.3% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 8.7% (HV 20d: 10.5%). Max pain ranged from $31.33 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-07-17: Highest Volume — 18 contracts
  • 2023-07-12: Largest IV drop — 41.2% change
  • 2023-07-11: Highest IV Rank — 14.1%
  • 2023-07-24: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.67$35.81$37.25$36.21$37.19
Max Pain$34.63$31.33$35.00$31.33$35.00
ATM IV19.2%14.2%24.1%16.3%19.7%
Expected Move5.1%4.1%6.5%4.7%5.6%
HV 20d10.5%9.0%11.6%10.9%9.0%
HV 60d11.9%11.0%12.3%12.1%11.0%
IV Rank7.3%0.0%14.1%2.3%8.1%
IV Percentile18.8%0.0%58.3%0.8%20.2%
Term Structure-3.3%-14.7%3.2%-1.5%-5.3%
VWIV14.9%10.7%17.4%10.7%16.6%
Skew 25d-1.2%-9.2%5.5%1.2%-6.2%
Skew 10d1.8%-2.2%5.3%-1.4%-2.2%
Call IV 25d16.5%12.4%20.8%18.4%19.8%
Put IV 25d15.4%9.0%20.6%19.6%13.6%
Bid-Ask Spread %130.97128.10134.45132.97130.14
Gamma HHI0.350.250.490.480.34
Net GEX8.7K6.9K11.0K6.9K8.0K
Net DEX-76.6K-119.7K-36.2K-36.8K-96.5K
Net VEX-164-202-126-127-162
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.501800
Total OI45.9537623741

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$36.21$31.3316.3%4.7%10.9%2.3%0.0%1.2%-1.5%6.9K-36.8K-1270.00132.97N/AN/A002413
2023-07-05$36.18$31.3317.4%5.0%10.9%4.0%0.0%1.4%-3.5%6.9K-36.2K-1260.00134.09N/AN/A1602413
2023-07-06$35.91$35.0020.6%4.2%11.4%8.8%0.0%5.5%3.2%9.8K-45.1K-1490.00129.01N/AN/A003113
2023-07-07$35.88$35.0021.3%4.2%11.2%9.9%0.0%2.3%0.1%8.3K-44.9K-1430.00134.45N/AN/A003113
2023-07-10$35.81$35.0023.1%4.8%11.1%12.6%0.0%2.8%0.9%9.8K-40.8K-1370.00128.61N/AN/A103113
2023-07-11$36.05$35.0024.1%4.4%11.3%14.1%0.0%2.7%1.8%11.0K-50.5K-1510.00128.10N/AN/A003213
2023-07-12$36.38$35.0014.2%4.1%11.3%0.0%10.7%4.7%2.3%10.7K-57.4K-1470.00129.26N/AN/A103213
2023-07-13$36.74$35.0016.4%4.7%11.6%3.4%0.0%4.5%-2.2%7.7K-66.5K-1580.00128.61N/AN/A103213
2023-07-14$36.68$35.0018.1%5.2%11.6%5.8%0.0%3.8%-5.1%7.5K-66.8K-1650.00130.39N/AN/A103313
2023-07-17$36.85$35.0020.5%5.9%10.5%9.4%17.4%2.5%-9.4%7.1K-67.9K-1570.00130.62N/AN/A1803213
2023-07-18$37.12$35.0017.9%5.1%10.7%5.5%0.0%-4.7%-1.9%9.8K-112.1K-1960.00128.66N/AN/A504513
2023-07-19$37.20$35.0017.0%4.9%10.0%4.1%16.6%-5.4%-1.5%9.8K-116.5K-1860.00129.88N/AN/A404513
2023-07-20$36.89$35.0021.0%6.0%10.3%10.1%0.0%-6.4%-4.0%10.6K-106.5K-2020.00131.40N/AN/A104913
2023-07-21$36.92$35.0016.8%4.8%10.3%3.8%0.0%-7.7%-3.6%8.5K-119.7K-1870.00134.08N/AN/A104913
2023-07-24$37.03$35.0022.6%6.5%10.0%12.5%0.0%-5.9%-11.2%7.9K-91.0K-1870.00134.14N/AN/A10410
2023-07-25$37.16$35.0020.8%5.9%9.7%9.7%0.0%-2.0%-14.7%8.7K-98.2K-1770.00132.01N/AN/A00420
2023-07-26$37.12$35.0018.4%5.3%9.2%6.3%0.0%-6.2%-3.4%8.0K-93.0K-1790.00132.06N/AN/A00410
2023-07-27$36.84$35.0019.7%5.6%9.7%8.1%0.0%-9.2%-5.6%8.6K-87.2K-1790.00130.38N/AN/A00410
2023-07-28$37.25$35.0018.5%5.3%10.2%6.4%0.0%-1.0%-0.4%8.1K-98.6K-1650.00130.52N/AN/A00410
2023-07-31$37.19$35.0019.7%5.6%9.0%8.1%0.0%-6.2%-5.3%8.0K-96.5K-1620.00130.14N/AN/A00410