S Options History — June 2025

In June 2025, S traded between $17.23 and $18.23. ATM implied volatility averaged 37.7%, placing in the 3.0% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded below realized volatility by 13.3% (HV 20d: 51.0%). Max pain ranged from $17.00 to $20.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.39.

Notable Days

  • 2025-06-13: Highest Volume — 8,720 contracts
  • 2025-06-03: Largest IV drop — 6.1% change
  • 2025-06-02: Highest IV Rank — 9.8%
  • 2025-06-20: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.83$17.23$18.23$17.23$18.23
Max Pain$17.85$17.00$20.00$20.00$17.00
ATM IV37.7%35.8%40.9%40.9%36.8%
Expected Move10.8%10.3%11.4%11.3%10.7%
HV 20d51.0%27.9%56.2%52.9%29.0%
HV 60d57.5%55.8%61.3%60.5%55.9%
IV Rank3.0%0.0%9.8%9.8%1.9%
IV Percentile4.5%0.0%29.0%29.0%1.6%
Term Structure0.5%-1.0%2.6%-0.4%0.2%
VWIV37.5%34.8%39.5%38.8%37.0%
Skew 25d2.6%0.4%4.4%3.5%1.7%
Skew 10d7.2%-0.1%15.7%7.3%9.7%
Call IV 25d36.7%35.0%38.6%38.6%36.0%
Put IV 25d39.4%37.3%42.2%42.2%37.8%
Bid-Ask Spread %60.2419.3675.8648.5959.65
Gamma HHI0.100.090.110.090.11
Net GEX1.0M457.3K1.6M457.3K1.5M
Net DEX-26.8M-45.6M-11.1M-11.1M-45.6M
Net VEX-547.8K-610.9K-512.6K-527.6K-610.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.130.940.370.21
Total Volume4,576.052,4898,7204,3832,867
Total OI196,266.65160,733211,378204,599178,522

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$17.23$20.0040.9%11.3%52.9%9.8%38.8%3.5%-0.4%457.3K-11.1M-527.6K0.3748.59N/AN/A3,1891,194151,85552,744
2025-06-03$18.11$20.0038.5%11.2%56.2%4.5%39.1%4.3%-0.1%828.5K-28.2M-572.2K0.1640.27N/AN/A6,3101,017152,73852,945
2025-06-04$17.98$20.0038.2%10.7%56.2%4.1%37.1%3.2%-0.5%959.3K-26.3M-563.1K0.4947.67N/AN/A3,2711,613156,22152,797
2025-06-05$18.09$17.0038.6%11.0%55.8%4.9%37.6%3.1%-0.5%1.2M-29.9M-566.5K0.2022.26N/AN/A3,316653157,57153,284
2025-06-06$18.20$17.0037.3%10.9%55.5%2.1%39.3%1.6%0.3%1.4M-32.7M-565.1K0.6119.36N/AN/A2,7851,688158,17253,206
2025-06-09$18.15$17.0038.0%10.8%55.3%3.5%37.4%0.4%-1.0%1.2M-31.9M-564.6K0.3967.23N/AN/A3,5121,363154,55250,089
2025-06-10$18.07$18.0036.8%10.6%52.1%0.9%36.5%2.9%0.6%1.1M-29.0M-559.9K0.3770.32N/AN/A2,014742155,69651,041
2025-06-11$17.91$18.0037.0%10.7%51.4%1.5%36.9%2.4%0.6%1.0M-25.6M-553.7K0.8775.86N/AN/A2,0511,783156,12851,580
2025-06-12$17.94$18.0036.9%10.5%51.4%1.3%36.5%1.2%-0.0%1.0M-25.0M-543.6K0.9472.05N/AN/A1,2821,207157,08552,270
2025-06-13$17.27$18.0038.1%11.3%52.6%3.9%38.4%2.3%2.5%563.1K-13.5M-516.8K0.2072.28N/AN/A7,2561,464157,38752,301
2025-06-16$17.57$18.0038.0%10.9%53.1%3.5%38.5%2.4%1.1%650.2K-17.8M-521.3K0.1469.66N/AN/A3,307476153,56851,547
2025-06-17$17.82$18.0038.3%11.0%53.5%4.1%39.5%2.7%0.1%776.8K-23.3M-543.0K0.1375.70N/AN/A3,679495155,37351,660
2025-06-18$17.59$17.0038.0%10.9%53.4%3.6%38.8%4.0%1.3%760.1K-19.7M-522.1K0.8273.42N/AN/A1,5471,261155,87051,230
2025-06-20$17.38$17.0039.3%11.4%52.8%6.4%38.3%3.4%-0.7%864.8K-17.7M-512.6K0.2668.79N/AN/A3,589934156,27250,522
2025-06-23$17.58$17.0037.7%10.7%52.5%2.9%37.8%4.4%2.6%948.9K-26.2M-519.1K0.2761.38N/AN/A5,4281,465119,25641,477
2025-06-24$17.82$17.0036.4%10.3%52.9%0.2%36.8%1.8%1.7%1.1M-30.3M-532.1K0.1465.17N/AN/A3,624507121,89442,796
2025-06-25$17.80$17.0037.1%10.3%52.7%1.6%34.8%1.8%0.5%1.3M-31.3M-532.5K0.7159.65N/AN/A3,1882,248124,23042,916
2025-06-26$18.02$18.0035.8%10.5%53.1%0.0%35.5%3.2%0.5%1.4M-34.7M-546.0K0.2763.75N/AN/A2,246604125,83744,474
2025-06-27$17.81$18.0035.9%10.4%27.9%0.2%36.4%2.3%0.6%1.6M-36.6M-584.0K0.3271.75N/AN/A4,7941,552133,72044,507
2025-06-30$18.23$17.0036.8%10.7%29.0%1.9%37.0%1.7%0.2%1.5M-45.6M-610.9K0.2159.65N/AN/A2,363504133,61944,903