SANM Options History — March 2026

In March 2026, SANM traded between $122.75 and $142.63. ATM implied volatility averaged 61.9%, placing in the 66.0% IV rank vs the trailing year. The 30-day expected move averaged 17.6%. IV traded above realized volatility by 2.2% (HV 20d: 59.7%). Max pain ranged from $120.00 to $150.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 1.12.

Notable Days

  • 2026-03-23: Highest Volume — 2,442 contracts
  • 2026-03-30: Largest IV spike — 10.3% change
  • 2026-03-06: Highest IV Rank — 76.6%
  • 2026-03-30: Largest Expected Move — 19.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$129.30$122.75$142.63$142.63$126.64
Max Pain$131.82$120.00$150.00$150.00$120.00
ATM IV61.9%57.8%68.8%62.3%61.7%
Expected Move17.6%16.6%19.1%17.9%17.7%
HV 20d59.7%55.7%67.7%62.6%59.4%
HV 60d76.1%73.7%78.2%76.2%77.1%
IV Rank66.0%59.7%76.6%66.6%65.7%
IV Percentile83.6%67.5%94.0%88.5%84.1%
Term Structure6.7%-2.8%15.9%-2.8%11.8%
VWIV61.3%57.7%68.1%68.1%60.9%
Skew 25d6.8%0.8%10.4%5.3%8.6%
Skew 10d13.1%-3.3%32.2%-1.7%13.3%
Call IV 25d58.9%55.1%63.9%62.0%59.0%
Put IV 25d65.7%60.9%73.1%67.2%67.7%
Bid-Ask Spread %40.4116.8773.5869.7320.98
Gamma HHI0.150.110.250.180.16
Net GEX542.6K101.8K1.4M487.8K1.3M
Net DEX-7.9M-33.7M4.9M-10.4M-18.4M
Net VEX-66.9K-95.3K-46.0K-84.1K-75.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.120.0117.740.250.28
Total Volume455.227512,44249651
Total OI6,342.3644,7187,3785,4447,378

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$142.63$150.0062.3%17.9%62.6%66.6%68.1%5.3%-2.8%487.8K-10.4M-84.1K0.2569.733961004,0861,358
2026-03-03$139.79$150.0063.3%18.2%59.0%68.1%63.8%5.9%-1.9%449.8K-9.0M-82.7K0.1873.58198364,1771,431
2026-03-04$140.75$150.0062.8%18.0%58.5%67.4%60.8%0.8%-2.0%489.8K-9.7M-84.0K0.2169.84126274,2841,448
2026-03-05$130.05$145.0063.3%17.1%62.6%68.1%60.5%6.6%2.9%255.5K-946.4K-67.2K0.1066.61335324,3521,460
2026-03-06$123.83$145.0068.8%18.5%63.5%76.6%62.8%6.3%-1.3%223.3K1.6M-60.3K0.4666.3994434,5251,485
2026-03-09$124.60$140.0068.2%17.6%57.2%75.7%62.5%6.3%4.4%177.4K3.5M-53.5K0.6368.07115734,5371,499
2026-03-10$124.46$140.0066.7%17.4%57.2%73.3%60.5%3.9%3.5%179.1K2.9M-54.2K0.5968.51119704,5341,533
2026-03-11$126.63$140.0060.8%17.4%58.0%64.3%61.6%6.7%5.4%206.4K1.7M-56.1K1.1368.5553604,5711,547
2026-03-12$126.49$140.0059.8%17.2%58.0%62.7%59.5%6.8%4.8%186.6K2.3M-54.2K0.7531.2451384,5761,584
2026-03-13$123.19$140.0060.6%18.8%57.2%64.0%60.1%7.4%6.1%156.0K3.5M-52.3K0.2225.3181184,5891,603
2026-03-16$122.79$140.0060.3%17.3%55.7%63.5%61.4%5.2%5.2%101.8K4.9M-46.0K0.1423.837541084,5701,602
2026-03-17$124.64$120.0058.8%17.0%56.1%61.2%59.5%7.9%5.5%281.2K-1.3M-57.0K0.2228.03137305,2131,613
2026-03-18$125.13$120.0060.2%17.1%55.9%63.4%60.4%8.6%5.5%259.4K-2.1M-53.1K0.8319.3771595,2081,512
2026-03-19$129.92$120.0058.2%16.6%58.3%60.3%60.9%8.3%12.0%345.5K-6.2M-58.4K17.7422.82508875,2251,543
2026-03-20$122.75$120.0060.0%17.2%60.4%63.1%57.7%3.2%12.4%318.8K-2.4M-51.8K0.1731.18460775,2211,395
2026-03-23$132.50$120.0060.0%17.2%67.7%63.1%59.6%8.2%13.2%491.9K-12.5M-59.3K0.0416.872,3381043,841877
2026-03-24$135.06$120.0060.2%17.4%61.5%63.4%59.5%8.0%12.6%943.8K-23.6M-77.7K0.0123.792,159235,097871
2026-03-25$137.63$120.0057.8%16.6%61.9%59.7%58.9%8.0%13.4%1.4M-33.7M-95.3K0.2321.57132316,299883
2026-03-26$132.41$120.0061.5%17.6%62.8%65.4%61.6%7.8%11.3%1.4M-26.9M-90.3K0.1722.89134236,389888
2026-03-27$129.87$120.0060.4%17.3%62.2%63.7%60.8%10.4%15.9%1.3M-23.5M-87.6K0.2227.1176176,469888
2026-03-30$122.84$120.0066.6%19.1%58.1%73.2%68.0%9.2%10.0%1.1M-14.2M-72.2K0.1622.66197326,474897
2026-03-31$126.64$120.0061.7%17.7%59.4%65.7%60.9%8.6%11.8%1.3M-18.4M-75.1K0.2820.9840116,467911