SPX Options History — October 2024

In October 2024, SPX traded between $5688.04 and $5866.30. ATM implied volatility averaged 15.7%, placing in the 31.9% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 5.7% (HV 20d: 9.9%). Max pain ranged from $5300.00 to $5500.00. Net GEX was positive for 17 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 1.37.

Notable Days

  • 2024-10-23: Highest Volume — 3,542,716 contracts
  • 2024-10-07: Largest IV spike — 33.2% change
  • 2024-10-07: Highest IV Rank — 44.6%
  • 2024-10-31: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5794.32$5688.04$5866.30$5713.86$5729.50
Max Pain$5410.22$5300.00$5500.00$5425.00$5500.00
ATM IV15.7%13.6%18.1%14.3%17.8%
Expected Move4.7%4.2%6.0%4.3%6.0%
HV 20d9.9%8.7%11.6%10.4%11.6%
HV 60d15.4%11.7%16.5%16.3%12.0%
IV Rank31.9%20.7%44.6%24.7%43.5%
IV Percentile87.0%73.8%97.2%80.6%97.2%
Term Structure-0.2%-0.6%0.4%0.4%-0.5%
VWIV18.9%16.1%22.3%17.3%22.3%
Skew 25d5.8%4.7%7.4%6.1%6.5%
Skew 10d12.3%9.7%15.3%13.1%14.0%
Call IV 25d13.1%10.9%14.9%11.5%14.9%
Put IV 25d18.8%16.5%22.1%17.6%21.4%
Bid-Ask Spread %5.213.837.887.587.88
Gamma HHI0.020.010.120.010.02
Net GEX24.92B-48.65B138.43B-5.76B-48.65B
Net DEX-1612.11B-2105.07B-1062.19B-1380.90B-1062.19B
Net VEX3.00B-10.14B273.58B-9.92B-9.74B
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.371.181.541.411.37
Total Volume2,749,151.2172,167,5173,542,7163,009,0333,396,966
Total OI20,045,624.08719,060,45321,488,08619,194,22520,235,076

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$5713.86$5425.0014.3%4.3%10.4%24.7%17.3%6.1%0.4%-5.76B-1380.90B-9.92B1.417.581,251,1711,757,8626,414,17312,780,052
2024-10-02$5714.50$5425.0014.5%4.2%10.4%25.7%17.1%6.1%-0.3%11.25B-1404.72B-9.79B1.546.29960,5591,477,8796,462,56412,916,100
2024-10-03$5688.04$5300.0015.5%5.0%10.4%31.0%20.2%6.8%-0.5%-13.79B-1256.14B-10.14B1.474.731,002,9821,469,4346,515,24013,131,140
2024-10-04$5744.62$5300.0013.6%4.6%8.7%20.7%20.1%5.6%-0.0%31.50B-1572.06B-9.51B1.464.541,248,2111,816,8586,561,09913,342,285
2024-10-07$5691.10$5300.0018.1%5.2%9.4%44.6%22.0%7.4%0.3%-25.82B-1246.55B-10.01B1.393.831,121,9771,554,4476,550,11213,306,092
2024-10-08$5754.40$5300.0016.9%4.7%9.9%38.3%19.5%6.8%0.1%40.22B-1593.30B-9.52B1.453.891,034,7901,499,9566,618,84013,376,924
2024-10-09$5790.17$5300.0016.3%4.6%9.8%35.4%18.2%6.1%-0.5%83.62B-1771.12B-9.37B1.294.111,213,0471,565,9076,717,31713,615,505
2024-10-10$5775.41$5345.0016.2%4.6%9.4%34.7%19.4%6.1%-0.4%36.19B-1675.53B-9.56B1.324.061,104,1891,454,5506,820,69913,815,699
2024-10-11$5821.46$5360.0015.6%4.5%9.6%31.3%18.4%5.5%0.0%80.31B-1932.89B-9.09B1.393.881,207,7131,682,4516,805,59713,880,023
2024-10-14$5866.30$5400.0015.3%4.5%9.8%30.1%18.0%5.3%-0.0%89.05B-2105.07B-8.77B1.334.171,088,7971,451,1856,821,07813,848,284
2024-10-15$5811.31$5400.0016.1%4.6%10.5%34.1%20.0%5.6%0.1%22.05B-1790.98B-9.03B1.484.411,273,3231,888,5346,911,81914,057,663
2024-10-16$5842.10$5400.0015.6%4.5%10.6%31.5%18.8%5.0%-0.6%138.43B-1965.65B-8.97B1.383.841,106,9421,523,4327,052,29514,273,750
2024-10-17$5843.94$5400.0014.9%4.3%9.3%27.7%17.5%4.9%-0.4%51.87B-2015.56B-8.73B1.314.391,266,5781,659,9547,069,00114,419,085
2024-10-18$5860.64$5400.0014.2%4.2%9.2%24.4%16.1%4.7%0.0%36.42B-1761.25B-8.80B1.434.501,064,2821,523,4996,359,97812,797,013
2024-10-21$5844.40$5450.0014.8%4.4%9.3%27.0%18.7%5.0%0.3%11.19B-1643.33B-8.93B1.444.861,040,4981,493,2536,366,50412,693,949
2024-10-22$5857.01$5465.0014.8%4.4%9.3%27.2%16.6%4.9%0.1%25.45B-1729.31B-8.65B1.295.591,074,8081,387,4926,432,35012,847,140
2024-10-23$5797.77$5465.0016.1%4.8%10.1%33.9%17.1%5.5%-0.5%-30.89B-1423.46B273.58B1.326.351,526,0422,016,6746,537,94312,978,621
2024-10-24$5811.89$5500.0015.8%4.8%10.1%32.5%18.0%5.6%-0.5%2.53B-1491.87B-9.16B1.226.221,103,9931,341,9576,640,15813,231,430
2024-10-25$5811.35$5500.0016.1%4.9%10.1%34.4%19.5%6.1%-0.0%-1.57B-1461.87B-9.38B1.346.191,395,4141,866,9446,672,03313,278,147
2024-10-28$5832.88$5500.0016.0%5.0%10.1%33.5%19.1%5.9%-0.4%11.17B-1594.68B-9.12B1.436.19890,7141,276,8036,687,71213,172,359
2024-10-29$5843.54$5500.0015.8%5.1%9.9%32.3%20.5%5.6%-0.4%27.44B-1654.32B-9.04B1.185.701,182,8211,398,4316,724,71913,196,164
2024-10-30$5823.09$5500.0016.1%5.3%10.0%34.2%20.0%5.5%-0.5%988.7M-1545.87B-9.31B1.316.541,109,6351,457,5246,801,34913,314,273
2024-10-31$5729.50$5500.0017.8%6.0%11.6%43.5%22.3%6.5%-0.5%-48.65B-1062.19B-9.74B1.377.881,433,0101,963,9566,836,66713,398,409