SPCE Options History — December 2019

In December 2019, SPCE traded between $144.20 and $232.20. ATM implied volatility averaged 75.1%. The 30-day expected move averaged 21.1%. IV traded above realized volatility by 5.2% (HV 20d: 69.9%). Max pain ranged from $120.00 to $150.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 0.17.

Notable Days

  • 2019-12-27: Highest Volume — 1,838 contracts
  • 2019-12-11: Largest IV drop — 17.8% change
  • 2019-12-04: Largest Expected Move — 27.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$193.56$144.20$232.20$146.20$229.80
Max Pain$146.84$120.00$150.00$150.00$150.00
ATM IV75.1%57.6%99.2%94.3%68.7%
Expected Move21.1%16.5%27.0%27.0%19.7%
HV 20d69.9%68.5%71.7%68.5%68.6%
Term Structure2.4%-4.7%7.7%-4.0%3.1%
VWIV75.1%59.0%95.5%95.5%69.4%
Skew 25d-1.6%-5.8%4.1%1.7%-2.0%
Skew 10d0.1%-17.9%19.8%-17.7%7.7%
Call IV 25d76.9%62.7%95.4%95.4%72.3%
Put IV 25d75.3%61.0%97.1%97.1%70.3%
Bid-Ask Spread %12.889.5119.3610.9913.58
Gamma HHI0.200.160.230.160.21
Net GEX867.7K315.6K1.5M315.6K1.5M
Net DEX-49.8M-91.9M-13.7M-13.8M-91.9M
Net VEX-236.7K-389.8K-118.0K-118.0K-389.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.041.380.060.20
Total Volume687.8421431,838300273
Total OI6,3954,9258,1004,9258,100

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-12-04$146.20$150.0094.3%27.0%0.0%0.0%95.5%1.7%-4.0%315.6K-13.8M-118.0K0.0610.99283174,289636
2019-12-05$144.20$120.0090.4%25.9%0.0%0.0%91.5%-4.7%0.8%331.7K-13.7M-118.7K0.0713.43177134,449639
2019-12-06$146.00$150.0091.8%25.1%0.0%0.0%87.2%-1.4%0.8%347.4K-14.7M-123.1K1.3813.4160834,573647
2019-12-09$170.20$120.0097.4%25.3%0.0%0.0%89.0%-0.2%-0.2%520.1K-28.1M-148.5K0.1111.821,1121214,585694
2019-12-10$177.80$150.0099.2%25.0%0.0%0.0%90.3%-0.8%3.0%588.8K-34.0M-172.7K0.1116.991,1031214,842767
2019-12-11$186.40$150.0081.5%23.4%0.0%0.0%83.6%-4.2%3.2%723.3K-40.5M-197.2K0.2414.535191265,251828
2019-12-12$183.20$150.0078.2%22.4%0.0%0.0%83.5%-5.4%7.3%731.4K-38.9M-204.8K0.2617.52360945,438829
2019-12-13$180.60$150.0073.2%21.0%0.0%0.0%76.2%3.8%5.8%760.5K-36.3M-201.5K0.1812.79189355,496860
2019-12-16$184.80$150.0068.2%19.5%0.0%0.0%69.0%2.3%1.7%859.6K-38.3M-199.2K0.0511.01736345,512884
2019-12-17$186.20$150.0061.5%17.6%0.0%0.0%63.0%-3.1%7.7%992.3K-41.5M-212.2K0.1110.00212235,903887
2019-12-18$190.60$150.0062.1%17.8%0.0%0.0%62.5%0.3%4.0%1.0M-45.4M-217.2K0.0419.36896325,970901
2019-12-19$206.20$150.0060.6%17.4%0.0%0.0%62.0%-3.9%2.9%969.9K-60.4M-253.8K0.0410.141,323556,113910
2019-12-20$216.80$150.0061.5%17.6%0.0%0.0%61.4%-3.2%-0.5%960.3K-66.3M-276.4K0.0610.50533306,133916
2019-12-23$219.80$150.0057.6%16.5%0.0%0.0%59.0%0.6%2.8%1.0M-64.3M-292.8K0.119.51395455,713540
2019-12-24$228.20$150.0059.8%17.1%68.5%0.0%63.4%-4.8%4.9%1.1M-75.7M-324.4K0.0513.03550305,988555
2019-12-26$219.40$150.0069.7%20.0%71.7%0.0%67.7%4.1%0.2%1.1M-70.2M-330.0K0.1111.31552616,297574
2019-12-27$232.20$150.0079.4%22.8%70.4%0.0%79.7%-5.8%-4.7%1.2M-84.4M-356.4K0.0810.871,6951436,487599
2019-12-30$229.00$150.0071.1%20.4%70.1%0.0%72.3%-3.6%6.2%1.4M-86.9M-360.1K0.0513.91984547,016684
2019-12-31$229.80$150.0068.7%19.7%68.6%0.0%69.4%-2.0%3.1%1.5M-91.9M-389.8K0.2013.58228457,398702