SANM Options History — April 2026

In April 2026, SANM traded between $129.12 and $175.00. ATM implied volatility averaged 73.4%, placing in the 83.5% IV rank vs the trailing year. The 30-day expected move averaged 21.0%. IV traded above realized volatility by 16.7% (HV 20d: 56.7%). Max pain ranged from $120.00 to $145.00. Net GEX was positive for 14 of 14 trading days. Term structure was in contango for 1 of 14 days. Put/call ratio averaged 0.25.

Notable Days

2026-04-16: Highest Volume — 6,096 contracts
2026-04-08: Largest IV spike — 12.6% change
2026-04-21: Highest IV Rank — 100.0%
2026-04-21: Largest Expected Move — 24.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$150.51	$129.12	$175.00	$130.62	$174.20
Max Pain	$133.93	$120.00	$145.00	$120.00	$145.00
ATM IV	73.4%	58.1%	84.7%	60.9%	84.7%
Expected Move	21.0%	16.7%	24.3%	17.5%	24.3%
HV 20d	56.7%	50.6%	65.3%	60.6%	55.4%
HV 60d	77.9%	76.9%	80.1%	77.1%	79.7%
IV Rank	83.5%	60.1%	100.0%	64.4%	100.0%
IV Percentile	93.0%	67.9%	100.0%	82.1%	100.0%
Term Structure	-10.0%	-14.8%	12.6%	12.6%	-14.8%
VWIV	76.8%	62.0%	84.4%	62.0%	84.3%
Skew 25d	8.2%	5.5%	10.8%	9.4%	8.1%
Skew 10d	17.9%	7.8%	45.0%	15.7%	11.2%
Call IV 25d	72.8%	57.3%	81.2%	57.3%	81.2%
Put IV 25d	80.9%	66.7%	89.2%	66.7%	89.2%
Bid-Ask Spread %	23.92	17.84	35.25	21.39	18.66
Gamma HHI	0.24	0.16	0.40	0.16	0.22
Net GEX	1.9M	1.3M	2.9M	1.4M	1.6M
Net DEX	-62.4M	-137.7M	-19.8M	-23.4M	-73.5M
Net VEX	-95.5K	-165.7K	-65.8K	-79.1K	-162.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.25	0.01	0.83	0.53	0.01
Total Volume	1,495.857	72	6,096	75	3,588
Total OI	8,617.643	7,344	12,108	7,400	7,824

Daily Data (14 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2026-04-01	$130.62	$120.00	60.9%	17.5%	60.6%	64.4%	62.0%	9.4%	12.6%	1.4M	-23.4M	-79.1K	0.53	21.39	49	26	6,491	909
2026-04-02	$130.10	$125.00	58.1%	16.7%	53.7%	60.1%	75.3%	6.5%	-6.4%	1.4M	-22.2M	-76.0K	0.04	26.26	238	9	6,504	925
2026-04-06	$129.12	$125.00	62.8%	18.0%	50.6%	67.3%	77.2%	6.3%	-11.8%	1.4M	-19.8M	-65.8K	0.51	34.22	107	55	6,432	921
2026-04-07	$131.76	$125.00	65.8%	18.9%	51.0%	72.0%	76.7%	9.8%	-11.1%	1.6M	-22.5M	-66.3K	0.26	35.25	113	29	6,380	964
2026-04-08	$140.48	$125.00	74.1%	21.2%	55.4%	84.7%	72.8%	8.8%	-11.6%	1.8M	-37.3M	-66.7K	0.23	27.35	172	39	6,390	970
2026-04-09	$142.63	$130.00	76.0%	21.8%	55.4%	87.6%	76.3%	10.8%	-12.7%	1.9M	-42.4M	-68.6K	0.01	18.27	3,415	49	6,433	983
2026-04-10	$147.78	$130.00	74.0%	21.2%	56.3%	84.5%	75.4%	9.3%	-10.7%	2.7M	-62.6M	-90.5K	0.83	23.55	174	144	8,155	1,000
2026-04-13	$152.39	$140.00	75.7%	21.7%	55.3%	87.1%	78.4%	10.8%	-11.8%	2.8M	-72.8M	-81.0K	0.33	24.07	193	64	8,130	1,117
2026-04-14	$154.27	$140.00	76.3%	21.9%	55.1%	88.1%	74.7%	7.7%	-13.3%	2.9M	-80.5M	-76.6K	0.02	17.84	4,732	86	8,203	1,128
2026-04-15	$153.49	$140.00	76.7%	22.0%	55.3%	88.7%	76.8%	7.0%	-13.3%	2.6M	-83.2M	-105.5K	0.31	21.50	55	17	9,282	1,187
2026-04-16	$171.07	$140.00	80.9%	23.2%	65.3%	95.1%	80.4%	5.5%	-11.5%	1.3M	-121.5M	-99.3K	0.03	19.42	5,930	166	9,264	1,191
2026-04-17	$174.16	$145.00	79.1%	22.7%	64.8%	92.4%	79.9%	8.2%	-10.4%	1.6M	-137.7M	-132.8K	0.09	21.15	1,216	106	10,810	1,298
2026-04-20	$175.00	$145.00	82.3%	23.6%	59.2%	97.3%	84.4%	6.4%	-12.9%	1.6M	-74.7M	-165.7K	0.34	26.01	127	43	7,074	682
2026-04-21	$174.20	$145.00	84.7%	24.3%	55.4%	100.0%	84.3%	8.1%	-14.8%	1.6M	-73.5M	-162.9K	0.01	18.66	3,548	40	7,111	713