SPYX Options History — December 2024

In December 2024, SPYX traded between $48.16 and $49.94. ATM implied volatility averaged 19.4%, placing in the 20.4% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 8.2% (HV 20d: 11.3%). Max pain ranged from $40.00 to $48.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2024-12-20: Highest Volume — 2 contracts
2024-12-11: Largest IV drop — 36.9% change
2024-12-10: Highest IV Rank — 31.5%
2024-12-18: Largest Expected Move — 6.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$49.30	$48.16	$49.94	$49.54	$48.16
Max Pain	$42.86	$40.00	$48.00	$48.00	$46.00
ATM IV	19.4%	15.6%	24.7%	20.9%	22.3%
Expected Move	5.2%	4.2%	6.6%	6.0%	6.4%
HV 20d	11.3%	7.1%	14.1%	13.1%	14.1%
HV 60d	11.8%	10.8%	13.0%	11.3%	12.9%
IV Rank	20.4%	12.4%	31.5%	23.5%	26.4%
IV Percentile	43.0%	13.5%	78.2%	56.0%	68.3%
Term Structure	-4.1%	-10.3%	-2.0%	-4.9%	-6.5%
VWIV	19.6%	9.4%	36.8%	36.8%	16.5%
Skew 25d	4.6%	1.7%	9.2%	4.9%	2.6%
Skew 10d	-0.4%	-5.6%	4.8%	4.8%	0.5%
Call IV 25d	14.0%	10.8%	17.1%	14.8%	17.0%
Put IV 25d	18.6%	15.2%	25.1%	19.7%	19.6%
Bid-Ask Spread %	144.19	139.20	161.50	160.90	141.58
Gamma HHI	0.34	0.23	0.42	0.32	0.33
Net GEX	6.2K	2.5K	8.1K	6.8K	3.7K
Net DEX	-91.3K	-112.4K	-58.3K	-100.1K	-58.3K
Net VEX	-186	-226	-147	-226	-162
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.381	0	2	0	0
Total OI	34.429	26	39	37	26

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2024-12-02	$49.54	$48.00	20.9%	6.0%	13.1%	23.5%	0.0%	4.9%	-4.9%	6.8K	-100.1K	-226	160.90	N/A	N/A	0	32	5
2024-12-03	$49.52	$48.00	21.5%	6.2%	12.9%	24.7%	0.0%	8.0%	-5.3%	6.4K	-102.2K	-218	161.50	N/A	N/A	0	32	5
2024-12-04	$49.90	$48.00	19.7%	5.7%	12.8%	21.1%	0.0%	3.5%	-5.2%	6.7K	-108.5K	-204	159.43	N/A	N/A	0	32	5
2024-12-05	$49.86	$40.00	21.0%	4.4%	9.1%	23.7%	0.0%	4.1%	-2.1%	7.4K	-107.2K	-206	142.47	N/A	N/A	1	32	5
2024-12-06	$49.90	$40.00	20.8%	4.2%	8.7%	23.2%	0.0%	3.5%	-2.2%	7.8K	-111.5K	-207	142.03	N/A	N/A	0	33	5
2024-12-09	$49.63	$40.00	22.4%	4.5%	8.9%	26.6%	0.0%	2.6%	-3.3%	7.5K	-105.9K	-204	141.29	N/A	N/A	1	33	5
2024-12-10	$49.50	$40.00	24.7%	4.7%	9.0%	31.5%	36.8%	3.3%	-2.8%	7.4K	-102.9K	-203	141.11	N/A	N/A	1	33	5
2024-12-11	$49.94	$40.00	15.6%	4.5%	9.5%	12.4%	0.0%	4.3%	-2.9%	7.5K	-112.4K	-191	141.16	N/A	N/A	0	33	5
2024-12-12	$49.70	$40.00	15.6%	4.5%	9.7%	12.4%	0.0%	2.9%	-2.9%	7.6K	-107.1K	-192	142.03	N/A	N/A	0	33	5
2024-12-13	$49.64	$40.00	15.6%	4.5%	9.0%	12.5%	0.0%	4.4%	-3.0%	7.8K	-105.7K	-190	140.71	N/A	N/A	0	33	5
2024-12-16	$49.87	$40.00	16.3%	4.7%	7.1%	14.0%	0.0%	3.9%	-3.6%	7.9K	-110.3K	-179	141.70	N/A	N/A	0	33	5
2024-12-17	$49.66	$40.00	17.3%	4.9%	7.3%	15.9%	0.0%	4.0%	-4.0%	7.9K	-105.5K	-176	141.98	N/A	N/A	0	33	5
2024-12-18	$48.29	$40.00	23.0%	6.6%	12.7%	27.8%	0.0%	7.8%	-10.3%	7.3K	-75.6K	-198	140.94	N/A	N/A	0	33	5
2024-12-19	$48.33	$40.00	20.3%	5.8%	12.7%	22.2%	15.7%	1.7%	-4.6%	7.5K	-75.9K	-189	141.26	N/A	N/A	1	33	5
2024-12-20	$48.81	$40.00	17.1%	4.9%	12.9%	15.6%	9.4%	9.2%	-2.0%	8.1K	-89.8K	-175	139.20	N/A	N/A	2	34	5
2024-12-23	$48.91	$46.00	18.8%	5.4%	12.9%	19.1%	0.0%	5.9%	-3.6%	2.9K	-65.8K	-168	141.34	N/A	N/A	0	21	5
2024-12-24	$49.33	$46.00	18.2%	5.2%	13.2%	17.9%	0.0%	5.5%	-3.8%	2.6K	-71.9K	-156	142.30	N/A	N/A	0	21	5
2024-12-26	$49.52	$46.00	18.9%	5.4%	13.0%	19.3%	16.5%	4.8%	-4.4%	2.5K	-73.8K	-147	142.51	N/A	N/A	2	21	5
2024-12-27	$48.76	$46.00	18.9%	5.4%	14.1%	19.4%	0.0%	3.6%	-4.8%	3.1K	-64.4K	-160	141.45	N/A	N/A	0	21	5
2024-12-30	$48.51	$46.00	19.3%	5.5%	13.9%	20.1%	0.0%	6.3%	-3.9%	3.3K	-62.6K	-157	141.07	N/A	N/A	0	21	5
2024-12-31	$48.16	$46.00	22.3%	6.4%	14.1%	26.4%	0.0%	2.6%	-6.5%	3.7K	-58.3K	-162	141.58	N/A	N/A	0	21	5