SPYX Options History — April 2024

In April 2024, SPYX traded between $40.33 and $42.68. ATM implied volatility averaged 18.8%, placing in the 22.0% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 7.5% (HV 20d: 11.3%). Max pain ranged from $37.00 to $44.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.32.

Notable Days

  • 2024-04-15: Highest Volume — 51 contracts
  • 2024-04-10: Largest IV spike — 81.6% change
  • 2024-04-29: Highest IV Rank — 33.3%
  • 2024-04-29: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.62$40.33$42.68$42.68$41.19
Max Pain$41.48$37.00$44.00$37.00$40.00
ATM IV18.8%9.8%23.5%23.3%22.8%
Expected Move5.7%2.8%6.7%6.7%6.5%
HV 20d11.3%8.9%14.0%10.2%14.0%
HV 60d12.3%11.5%13.1%11.5%12.6%
IV Rank22.0%0.3%33.3%32.8%31.5%
IV Percentile45.0%0.4%77.4%73.8%72.6%
Term Structure-2.0%-6.9%13.4%-5.5%-6.7%
VWIV17.1%10.6%29.1%13.2%18.8%
Skew 25d3.4%-4.5%8.7%-0.9%-1.3%
Skew 10d4.1%1.3%8.1%1.3%7.3%
Call IV 25d15.8%10.3%20.5%16.8%19.6%
Put IV 25d19.2%15.3%21.7%15.9%18.2%
Bid-Ask Spread %153.06128.85160.35131.39151.18
Gamma HHI0.350.260.470.260.37
Net GEX13.1K5.9K18.9K5.9K15.4K
Net DEX-156.8K-194.1K-120.6K-155.1K-154.9K
Net VEX-519-762-301-313-675
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.003.000.000.00
Total Volume8.909051140
Total OI95.4556213362118

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$42.68$37.0023.3%6.7%10.2%32.8%13.2%-0.9%-5.5%5.9K-155.1K-3130.00131.39N/AN/A015210
2024-04-02$42.38$37.0012.6%3.6%10.6%7.2%0.0%-4.5%5.7%6.9K-144.5K-3120.00128.85N/AN/A005211
2024-04-03$42.44$37.009.8%2.8%9.2%0.3%10.6%-1.9%8.0%6.1K-144.7K-3200.00129.11N/AN/A3005211
2024-04-04$41.95$0.0013.8%5.4%9.9%9.9%16.5%1.8%0.3%10.8K-142.7K-3560.00158.05N/AN/A505811
2024-04-05$42.33$44.0011.5%5.4%9.7%4.5%14.2%5.1%-0.6%12.0K-163.0K-3450.00159.59N/AN/A506311
2024-04-08$42.36$44.0012.8%5.4%9.4%7.5%0.0%6.2%-1.6%11.4K-160.8K-3300.14160.03N/AN/A716211
2024-04-09$42.30$44.0010.4%5.2%9.4%1.9%0.0%5.8%-0.9%10.6K-157.5K-3360.00154.60N/AN/A006312
2024-04-10$42.00$44.0018.9%5.4%8.9%22.3%0.0%8.3%0.1%8.9K-148.2K-3530.00159.89N/AN/A106312
2024-04-11$42.41$44.0018.5%5.3%9.5%21.2%14.6%5.2%-1.2%10.9K-165.5K-3310.00154.50N/AN/A106412
2024-04-12$41.71$44.0019.5%5.6%11.1%23.7%0.0%8.7%0.1%13.9K-135.7K-3340.00157.02N/AN/A1506512
2024-04-15$41.20$44.0019.2%5.5%11.8%22.9%0.0%1.6%-5.7%10.7K-120.6K-3010.02151.05N/AN/A5016612
2024-04-16$41.22$44.0021.6%6.2%11.6%28.7%0.0%7.8%-5.2%18.9K-194.1K-7620.00158.53N/AN/A0111613
2024-04-17$40.91$44.0021.3%6.1%11.8%28.0%0.0%4.7%-6.3%18.7K-170.8K-7090.00155.14N/AN/A1011614
2024-04-18$40.82$44.0021.4%6.1%11.1%28.2%18.7%0.2%13.4%18.0K-169.1K-7101.00157.50N/AN/A1111714
2024-04-19$40.33$40.0023.3%6.7%11.2%32.6%23.5%2.2%-5.1%16.1K-141.7K-7063.00154.09N/AN/A1311815
2024-04-22$40.78$40.0021.6%6.2%12.3%28.7%0.0%3.6%-5.7%12.9K-133.9K-6860.00155.47N/AN/A009011
2024-04-23$41.25$40.0021.9%6.3%13.2%29.3%11.6%6.4%-4.9%13.4K-160.5K-7100.00157.74N/AN/A2009011
2024-04-24$41.28$40.0022.6%6.5%13.2%31.1%0.0%5.1%-5.4%16.5K-172.1K-7360.00157.83N/AN/A0010711
2024-04-25$41.04$40.0022.1%6.3%13.0%29.7%0.0%4.4%-4.5%15.7K-151.8K-6960.00155.99N/AN/A01010711
2024-04-26$41.54$40.0021.8%6.2%13.9%29.1%29.1%7.1%-5.0%17.6K-184.5K-6970.00159.47N/AN/A1010711
2024-04-29$41.54$40.0023.5%6.7%13.9%33.3%0.0%-1.7%-6.9%16.5K-177.1K-7100.00160.35N/AN/A0010711
2024-04-30$41.19$40.0022.8%6.5%14.0%31.5%18.8%-1.3%-6.7%15.4K-154.9K-6750.00151.18N/AN/A04010711