SPYX Options History — May 2024

In May 2024, SPYX traded between $41.13 and $43.42. ATM implied volatility averaged 24.3%, placing in the 35.1% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 13.1% (HV 20d: 11.2%). Max pain ranged from $41.00 to $44.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-05-22: Highest Volume — 6 contracts
  • 2024-05-15: Largest IV drop — 65.4% change
  • 2024-05-14: Highest IV Rank — 96.1%
  • 2024-05-03: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.69$41.13$43.42$41.13$42.84
Max Pain$43.55$41.00$44.00$41.00$44.00
ATM IV24.3%16.4%49.8%24.1%20.6%
Expected Move5.4%4.0%7.2%6.9%5.9%
HV 20d11.2%8.1%14.5%13.9%8.9%
HV 60d11.9%10.9%12.8%12.6%10.9%
IV Rank35.1%16.3%96.1%34.6%26.4%
IV Percentile56.0%15.1%99.2%79.4%54.8%
Term Structure-5.4%-11.4%-0.1%-7.3%-7.1%
VWIV22.0%16.8%27.3%16.8%27.3%
Skew 25d3.2%-5.5%4.8%-0.9%4.5%
Skew 10d3.3%0.9%8.3%8.3%1.3%
Call IV 25d14.6%12.9%19.5%19.5%15.8%
Put IV 25d17.7%14.0%20.3%18.6%20.3%
Bid-Ask Spread %157.92152.29162.39152.29156.53
Gamma HHI0.470.220.810.220.75
Net GEX12.1K5.0K19.2K5.0K11.4K
Net DEX-202.1K-263.4K-106.9K-106.9K-185.5K
Net VEX-630-766-537-766-548
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.5450600
Total OI130.18295153150101

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$41.13$41.0024.1%6.9%13.9%34.6%0.0%-0.9%-7.3%5.0K-106.9K-7660.00152.29N/AN/A0010743
2024-05-02$41.18$41.0025.1%7.2%13.4%37.1%0.0%-5.5%-8.1%6.6K-111.8K-7570.00157.23N/AN/A0010743
2024-05-03$41.80$41.0025.1%7.2%14.2%37.1%0.0%3.3%-7.8%9.9K-157.7K-7320.00160.42N/AN/A0010743
2024-05-06$42.11$0.0027.4%5.0%14.4%42.5%0.0%4.8%-1.6%11.5K-179.8K-7210.00159.83N/AN/A1010743
2024-05-07$42.27$0.0023.2%5.1%14.5%32.4%16.8%4.0%-1.8%12.2K-194.0K-7060.00153.54N/AN/A0210843
2024-05-08$42.29$44.0032.0%5.1%14.3%53.7%0.0%4.3%-1.8%12.0K-189.2K-6970.00162.39N/AN/A0010845
2024-05-09$42.47$44.0032.3%5.0%13.9%54.2%0.0%4.5%-1.7%12.8K-203.4K-6890.00160.01N/AN/A0010845
2024-05-10$42.57$44.0033.1%4.9%12.4%56.2%0.0%4.0%-4.2%13.2K-205.4K-6920.00159.79N/AN/A0010845
2024-05-13$42.56$44.0044.5%4.0%11.4%83.4%0.0%3.5%-5.5%13.2K-204.8K-6470.00161.07N/AN/A0010845
2024-05-14$42.80$44.0049.8%5.0%11.5%96.1%0.0%4.6%-3.8%14.1K-226.4K-6470.00159.19N/AN/A0010845
2024-05-15$43.28$44.0017.2%4.9%11.4%18.1%0.0%4.6%-8.3%16.7K-260.4K-6200.00157.72N/AN/A1010845
2024-05-16$43.25$44.0017.7%5.1%11.3%19.3%0.0%3.1%-5.5%19.2K-255.0K-5980.00157.10N/AN/A0010745
2024-05-17$43.25$44.0017.9%5.1%9.9%19.9%0.0%4.0%-5.3%18.4K-263.4K-5650.00159.98N/AN/A0010745
2024-05-20$43.33$44.0018.2%5.2%9.5%20.6%0.0%3.0%-5.5%12.3K-228.2K-5510.00154.90N/AN/A008312
2024-05-21$43.42$44.0018.5%5.3%9.0%21.2%0.0%3.5%-5.6%12.4K-232.7K-5370.00158.74N/AN/A008312
2024-05-22$43.28$44.0018.4%5.3%9.2%20.9%0.0%3.6%-6.3%12.6K-227.6K-5380.00155.71N/AN/A068312
2024-05-23$43.00$44.0018.1%5.2%9.3%20.1%0.0%2.1%-7.3%10.5K-200.8K-5880.00152.59N/AN/A008318
2024-05-24$43.30$44.0018.7%5.4%8.7%21.8%0.0%4.3%-6.3%10.9K-212.6K-5760.00158.12N/AN/A008318
2024-05-28$43.24$44.0019.4%5.6%8.8%23.4%0.0%3.2%-7.3%10.8K-215.0K-5530.00158.39N/AN/A008318
2024-05-29$43.09$44.0016.4%4.7%8.1%16.3%27.3%4.3%-0.1%10.9K-203.1K-5560.00159.18N/AN/A028318
2024-05-30$42.73$44.0016.6%4.8%8.9%16.7%0.0%2.9%-11.4%10.2K-183.5K-5820.00159.52N/AN/A008318
2024-05-31$42.84$44.0020.6%5.9%8.9%26.4%0.0%4.5%-7.1%11.4K-185.5K-5480.00156.53N/AN/A008318