SPYX Options History — November 2024

In November 2024, SPYX traded between $46.75 and $49.48. ATM implied volatility averaged 22.9%, placing in the 27.8% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 9.2% (HV 20d: 13.7%). Max pain ranged from $48.00 to $48.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.60.

Notable Days

2024-11-08: Highest Volume — 10 contracts
2024-11-13: Largest IV drop — 59.1% change
2024-11-12: Highest IV Rank — 63.6%
2024-11-01: Largest Expected Move — 7.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$48.52	$46.75	$49.48	$46.92	$49.48
Max Pain	$48.00	$48.00	$48.00	$48.00	$48.00
ATM IV	22.9%	16.1%	40.1%	26.9%	18.9%
Expected Move	5.1%	4.5%	7.7%	7.7%	5.4%
HV 20d	13.7%	10.5%	14.9%	11.2%	13.1%
HV 60d	12.3%	11.8%	12.7%	11.8%	11.8%
IV Rank	27.8%	13.5%	63.6%	35.9%	19.2%
IV Percentile	50.8%	14.3%	96.4%	87.7%	35.3%
Term Structure	-2.8%	-10.0%	-1.3%	-10.0%	-3.8%
VWIV	11.3%	11.3%	11.3%	11.3%	11.3%
Skew 25d	4.4%	2.4%	5.8%	4.0%	4.6%
Skew 10d	3.3%	1.4%	8.2%	1.9%	1.7%
Call IV 25d	13.7%	12.0%	21.0%	21.0%	14.1%
Put IV 25d	18.1%	15.7%	25.0%	25.0%	18.7%
Bid-Ask Spread %	157.30	153.14	160.29	156.93	159.01
Gamma HHI	0.34	0.27	0.42	0.41	0.32
Net GEX	6.6K	4.4K	8.8K	4.4K	6.7K
Net DEX	-83.6K	-102.9K	-50.9K	-53.8K	-100.7K
Net VEX	-182	-240	-123	-162	-228
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.60	0.00	3.00	0.00	3.00
Total Volume	0.95	0	10	0	0
Total OI	32.35	27	38	27	37

Daily Data (20 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
2024-11-01	$46.92	$48.00	26.9%	7.7%	11.2%	35.9%	0.0%	4.0%	-10.0%	4.4K	-53.8K	-162	0.00	156.93	N/A	N/A	0	0	26	1
2024-11-04	$46.75	$48.00	30.5%	5.3%	10.8%	43.5%	0.0%	5.3%	-2.7%	4.4K	-50.9K	-157	0.00	153.14	N/A	N/A	0	0	26	1
2024-11-05	$47.20	$48.00	30.0%	5.1%	10.5%	42.6%	0.0%	5.8%	-1.9%	4.6K	-56.3K	-154	0.00	155.11	N/A	N/A	0	0	26	1
2024-11-06	$48.50	$48.00	27.0%	4.7%	14.1%	36.3%	0.0%	5.6%	-1.9%	5.0K	-73.4K	-132	0.00	155.79	N/A	N/A	0	0	26	1
2024-11-07	$48.91	$48.00	26.8%	4.5%	14.2%	35.7%	0.0%	4.7%	-1.3%	5.0K	-77.8K	-128	0.00	158.93	N/A	N/A	0	0	26	1
2024-11-08	$49.05	$48.00	28.1%	4.6%	14.1%	38.6%	11.3%	4.4%	-1.8%	5.3K	-80.2K	-123	0.00	156.05	N/A	N/A	10	0	26	1
2024-11-11	$49.09	$48.00	36.5%	4.7%	13.9%	56.1%	0.0%	3.4%	-1.8%	8.7K	-100.7K	-180	0.00	158.06	N/A	N/A	0	0	36	1
2024-11-12	$49.02	$48.00	40.1%	4.6%	13.4%	63.6%	0.0%	4.6%	-1.4%	8.7K	-97.4K	-179	0.00	157.43	N/A	N/A	0	0	36	1
2024-11-13	$49.07	$48.00	16.4%	4.7%	13.3%	14.1%	0.0%	4.4%	-1.7%	8.8K	-98.4K	-175	0.00	158.52	N/A	N/A	0	0	36	1
2024-11-14	$48.64	$48.00	16.1%	4.6%	13.8%	13.5%	0.0%	2.4%	-2.0%	8.3K	-90.5K	-170	0.00	158.09	N/A	N/A	1	0	36	1
2024-11-15	$47.95	$48.00	16.8%	4.8%	14.8%	15.0%	0.0%	3.4%	-2.2%	7.6K	-78.6K	-182	0.00	156.72	N/A	N/A	0	2	37	1
2024-11-18	$48.20	$48.00	17.7%	5.1%	14.8%	16.9%	0.0%	3.0%	-2.8%	6.5K	-77.8K	-204	0.00	158.72	N/A	N/A	0	0	29	2
2024-11-19	$48.38	$48.00	18.6%	5.3%	14.9%	18.7%	0.0%	5.4%	-3.1%	6.5K	-80.6K	-200	0.00	155.50	N/A	N/A	1	0	29	2
2024-11-20	$48.34	$48.00	18.3%	5.2%	14.3%	18.0%	0.0%	5.6%	-2.6%	6.7K	-83.1K	-214	0.00	156.68	N/A	N/A	0	0	30	2
2024-11-21	$48.72	$48.00	17.0%	4.9%	14.5%	15.4%	0.0%	5.8%	-1.8%	6.6K	-90.2K	-202	0.00	154.20	N/A	N/A	1	0	30	2
2024-11-22	$48.75	$48.00	18.0%	5.2%	14.5%	17.5%	0.0%	4.0%	-3.4%	6.9K	-90.2K	-221	0.00	159.94	N/A	N/A	0	0	31	2
2024-11-25	$48.96	$48.00	17.8%	5.1%	14.5%	17.0%	0.0%	3.0%	-3.2%	7.1K	-94.8K	-203	0.00	157.55	N/A	N/A	0	0	31	2
2024-11-26	$49.28	$48.00	18.8%	5.4%	14.6%	19.1%	0.0%	4.6%	-3.4%	6.7K	-102.9K	-187	3.00	160.29	N/A	N/A	1	3	31	2
2024-11-27	$49.11	$48.00	18.5%	5.3%	14.6%	18.5%	0.0%	3.9%	-3.6%	6.6K	-93.9K	-240	0.00	159.27	N/A	N/A	0	0	32	5
2024-11-29	$49.48	$48.00	18.9%	5.4%	13.1%	19.2%	0.0%	4.6%	-3.8%	6.7K	-100.7K	-228	0.00	159.01	N/A	N/A	0	0	32	5