S Options History — August 2022

In August 2022, S traded between $24.90 and $28.80. ATM implied volatility averaged 78.9%, placing in the 17.6% IV rank vs the trailing year. The 30-day expected move averaged 22.9%. IV traded above realized volatility by 7.3% (HV 20d: 71.6%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.59.

Notable Days

  • 2022-08-31: Highest Volume — 8,008 contracts
  • 2022-08-08: Largest IV spike — 10.4% change
  • 2022-08-30: Highest IV Rank — 26.0%
  • 2022-08-30: Largest Expected Move — 25.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.27$24.90$28.80$24.90$27.56
Max Pain$29.35$25.00$30.00$25.00$30.00
ATM IV78.9%70.4%89.8%75.8%88.1%
Expected Move22.9%21.0%25.7%21.7%25.3%
HV 20d71.6%64.0%77.2%72.0%64.0%
HV 60d81.3%72.0%98.8%98.8%72.0%
IV Rank17.6%11.5%26.0%15.9%24.7%
IV Percentile45.1%23.8%71.4%38.1%69.4%
Term Structure-4.0%-10.4%8.3%8.3%-10.4%
VWIV80.1%69.2%95.8%78.4%93.6%
Skew 25d9.0%7.1%10.9%9.5%10.5%
Skew 10d16.5%11.7%23.8%21.8%17.2%
Call IV 25d76.7%63.7%88.1%72.4%87.5%
Put IV 25d85.7%74.6%98.0%81.9%98.0%
Bid-Ask Spread %34.7212.5148.2812.5117.93
Gamma HHI0.200.160.310.160.17
Net GEX539.9K291.6K942.9K291.6K437.2K
Net DEX-14.4M-21.9M-5.8M-5.8M-13.3M
Net VEX-222.5K-246.7K-196.5K-203.1K-235.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.033.720.641.24
Total Volume2,557.3483728,0082,1168,008
Total OI52,958.30447,92057,20251,02657,202

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$24.90$25.0075.8%21.7%72.0%15.9%78.4%9.5%8.3%291.6K-5.8M-203.1K0.6412.51N/AN/A1,28982737,24113,785
2022-08-02$25.25$25.0073.7%21.1%68.7%14.2%74.9%7.8%6.6%331.9K-7.3M-205.5K1.0828.24N/AN/A1,1051,19537,51513,872
2022-08-03$27.17$25.0073.5%21.1%73.3%14.0%69.2%10.9%6.8%524.0K-14.6M-226.9K0.3238.70N/AN/A2,64583437,58313,862
2022-08-04$26.25$30.0071.5%22.6%73.7%12.5%77.2%9.6%-4.5%450.5K-11.1M-212.2K0.5241.22N/AN/A1,34069137,92513,746
2022-08-05$26.33$30.0070.4%22.4%73.0%11.5%76.5%9.3%-2.8%457.3K-11.1M-210.7K1.1248.28N/AN/A1,0051,12437,95613,780
2022-08-08$27.38$30.0077.7%23.5%73.6%17.3%76.2%10.8%-8.0%578.6K-15.2M-224.8K0.4146.18N/AN/A2,43799738,08814,176
2022-08-09$25.40$30.0075.8%22.8%69.5%15.3%77.1%7.2%-4.7%358.8K-6.8M-201.2K0.6641.09N/AN/A1,14275038,47814,364
2022-08-10$28.02$30.0076.8%22.0%77.2%16.1%77.3%7.9%-3.6%693.9K-19.0M-235.7K0.1544.93N/AN/A1,65424038,82514,795
2022-08-11$27.37$30.0080.2%23.0%75.0%18.4%76.9%7.8%-4.4%619.9K-15.6M-225.0K0.2235.87N/AN/A1,25227639,06214,787
2022-08-12$27.89$30.0073.1%21.0%73.1%12.7%74.6%8.5%-1.5%711.8K-17.3M-226.4K0.4444.84N/AN/A25811439,02814,864
2022-08-15$28.80$30.0076.4%21.9%73.4%15.3%74.9%8.7%-4.3%910.5K-21.9M-232.8K0.1742.98N/AN/A1,18220039,13714,905
2022-08-16$28.68$30.0076.0%21.8%73.1%15.1%80.1%10.1%-4.6%942.9K-21.2M-230.4K0.3131.10N/AN/A1,26639539,34614,867
2022-08-17$27.75$30.0077.4%22.2%73.0%16.1%79.7%10.4%-5.5%683.5K-15.9M-215.9K0.3545.61N/AN/A55919639,64915,045
2022-08-18$27.87$30.0076.9%22.1%73.0%15.8%78.6%7.4%-4.5%435.3K-15.6M-214.5K0.7236.10N/AN/A35125139,57715,134
2022-08-19$26.38$30.0082.8%23.7%74.4%20.5%80.7%8.0%-6.3%330.1K-10.6M-196.7K0.5033.64N/AN/A1,71986639,69115,254
2022-08-22$25.96$30.0088.1%25.3%73.3%24.7%84.9%7.6%-9.0%293.0K-6.2M-196.5K0.1229.34N/AN/A1,76721234,92612,994
2022-08-23$27.70$30.0084.1%24.1%71.2%21.5%83.1%10.4%-8.9%429.2K-13.1M-221.6K0.0330.91N/AN/A7,27222035,76813,084
2022-08-24$28.48$30.0081.7%23.4%67.4%19.6%82.2%8.7%-5.0%620.0K-18.8M-244.1K0.3729.40N/AN/A1,20144339,52813,148
2022-08-25$28.78$30.0076.5%21.9%67.3%15.4%78.8%9.3%-2.8%649.3K-19.7M-246.7K0.1740.76N/AN/A3,26955839,85713,335
2022-08-26$27.74$30.0082.2%23.6%69.0%20.0%83.9%7.1%-5.8%540.5K-16.3M-238.8K0.2017.96N/AN/A1,21924439,99913,718
2022-08-29$27.93$30.0086.1%24.7%68.8%23.1%87.0%8.8%-7.6%566.5K-16.9M-237.8K0.1828.99N/AN/A1,48827340,03813,796
2022-08-30$27.64$30.0089.8%25.7%69.0%26.0%95.8%9.7%-9.0%561.0K-17.2M-235.0K3.7232.04N/AN/A9503,53540,48713,824
2022-08-31$27.56$30.0088.1%25.3%64.0%24.7%93.6%10.5%-10.4%437.2K-13.3M-235.8K1.2417.93N/AN/A3,5724,43640,78816,414