S Options History — August 2024

In August 2024, S traded between $20.48 and $25.27. ATM implied volatility averaged 67.7%, placing in the 46.9% IV rank vs the trailing year. The 30-day expected move averaged 18.5%. IV traded above realized volatility by 15.6% (HV 20d: 52.2%). Max pain ranged from $20.00 to $22.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.31.

Notable Days

  • 2024-08-27: Highest Volume — 55,724 contracts
  • 2024-08-28: Largest IV drop — 39.6% change
  • 2024-08-05: Highest IV Rank — 65.8%
  • 2024-08-27: Largest Expected Move — 22.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.96$20.48$25.27$21.54$23.45
Max Pain$21.05$20.00$22.00$20.00$22.00
ATM IV67.7%39.1%79.7%70.3%40.3%
Expected Move18.5%11.1%22.9%15.0%11.1%
HV 20d52.2%31.0%64.5%63.0%34.0%
HV 60d54.4%45.5%57.0%55.9%46.4%
IV Rank46.9%1.5%65.8%50.9%3.4%
IV Percentile75.5%4.4%94.4%84.1%10.3%
Term Structure-3.3%-5.8%2.1%-2.8%-1.2%
VWIV64.2%39.5%79.0%53.0%39.5%
Skew 25d2.7%-2.8%5.8%-1.5%1.6%
Skew 10d5.9%0.9%12.4%0.9%2.3%
Call IV 25d66.2%38.2%82.8%69.7%38.2%
Put IV 25d68.9%39.3%80.9%68.2%39.8%
Bid-Ask Spread %40.9924.1051.9944.9251.99
Gamma HHI0.120.080.280.090.12
Net GEX3.4M2.1M5.5M2.8M2.1M
Net DEX-136.6M-201.5M-83.0M-104.1M-104.0M
Net VEX-844.2K-909.1K-741.4K-843.6K-741.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.040.940.420.43
Total Volume13,317.3643,66055,7246,16912,046
Total OI236,047.409213,573254,506240,160254,506

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$21.54$20.0070.3%15.0%63.0%50.9%53.0%-1.5%-2.8%2.8M-104.1M-843.6K0.4244.92N/AN/A4,3381,831179,32660,834
2024-08-02$21.12$20.0073.3%16.3%63.5%55.8%57.8%2.9%-1.5%2.3M-91.3M-827.0K0.2847.52N/AN/A6,4541,830180,99861,659
2024-08-05$20.48$21.0079.7%21.2%64.5%65.8%71.9%3.1%-3.1%2.1M-83.0M-798.2K0.3046.19N/AN/A4,0301,201175,31859,001
2024-08-06$20.84$21.0075.6%20.1%63.2%59.3%69.1%3.8%-2.3%2.3M-88.1M-804.3K0.2846.12N/AN/A3,485984175,67859,418
2024-08-07$20.80$21.0076.4%20.2%63.1%60.6%69.6%1.9%-4.0%2.5M-89.8M-807.4K0.1048.81N/AN/A9,146901176,75459,960
2024-08-08$21.46$21.0075.2%20.2%63.8%58.7%69.5%-2.8%2.1%3.0M-112.9M-853.3K0.1650.91N/AN/A4,468733181,72560,072
2024-08-09$21.77$21.0075.4%20.1%63.9%59.0%70.2%1.3%-4.7%3.6M-124.6M-855.5K0.1848.25N/AN/A4,964891184,43060,734
2024-08-12$21.30$21.0075.1%20.2%60.7%58.6%69.0%2.3%-2.8%2.8M-104.8M-809.1K0.3345.43N/AN/A2,750910179,85860,377
2024-08-13$22.38$21.0072.6%19.7%63.3%54.6%65.9%4.7%-4.1%3.3M-132.0M-846.6K0.2541.74N/AN/A7,9551,966179,93861,108
2024-08-14$22.70$21.0070.5%18.8%62.0%51.3%65.7%5.0%-5.1%3.5M-143.5M-863.7K0.0447.65N/AN/A11,306480182,57262,479
2024-08-15$23.07$21.0067.8%18.4%59.0%47.0%64.8%2.7%-4.5%3.7M-155.8M-855.6K0.2543.48N/AN/A3,594890181,45762,544
2024-08-16$23.29$21.0065.3%17.9%54.9%43.1%61.9%3.1%-5.3%3.6M-159.3M-856.1K0.3046.12N/AN/A10,4133,176182,07662,995
2024-08-19$23.70$21.0066.1%18.6%46.7%44.4%64.6%5.8%-2.9%3.6M-150.4M-878.8K0.4341.25N/AN/A6,4322,749161,35652,217
2024-08-20$24.11$21.0066.9%19.0%43.8%45.6%64.5%4.7%-2.7%4.0M-163.3M-897.6K0.1424.10N/AN/A6,630920164,21853,204
2024-08-21$24.38$21.0070.3%20.2%41.8%51.0%70.9%5.8%-5.2%4.1M-171.8M-892.6K0.9433.81N/AN/A3,5623,356164,34453,028
2024-08-22$24.73$21.0071.8%20.8%41.5%53.4%72.6%2.6%-5.8%4.2M-184.9M-901.9K0.1629.85N/AN/A9,4971,482165,16154,490
2024-08-23$25.27$21.0069.3%20.3%42.0%49.4%70.6%4.8%-4.6%4.3M-201.5M-909.1K0.1229.93N/AN/A18,8982,334167,95954,996
2024-08-26$24.95$21.0071.9%21.9%40.6%53.5%76.2%4.0%-5.1%3.7M-180.2M-875.6K0.5928.37N/AN/A16,5009,813165,35653,725
2024-08-27$24.73$21.0072.9%22.9%40.9%55.1%79.0%2.6%-5.8%3.5M-169.8M-871.1K0.4531.47N/AN/A38,33217,392168,88261,685
2024-08-28$24.59$22.0044.0%13.1%40.5%9.4%45.7%2.1%-1.6%4.8M-149.0M-799.1K0.5037.70N/AN/A24,34512,155178,18074,459
2024-08-29$24.41$22.0039.1%11.5%31.0%1.5%40.5%0.1%0.9%5.5M-140.9M-785.5K0.1436.07N/AN/A15,5962,247180,20273,764
2024-08-30$23.45$22.0040.3%11.1%34.0%3.4%39.5%1.6%-1.2%2.1M-104.0M-741.4K0.4351.99N/AN/A8,4503,596182,03072,476