SPCE Options History — April 2020

In April 2020, SPCE traded between $244.00 and $398.60. ATM implied volatility averaged 153.9%. The 30-day expected move averaged 45.3%. IV traded above realized volatility by 0.4% (HV 20d: 153.4%). Max pain ranged from $400.00 to $440.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.48.

Notable Days

  • 2020-04-14: Highest Volume — 10,525 contracts
  • 2020-04-14: Largest IV spike — 37.3% change
  • 2020-04-14: Largest Expected Move — 54.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$330.50$244.00$398.60$262.40$352.00
Max Pain$432.38$400.00$440.00$400.00$440.00
ATM IV153.9%130.7%190.4%159.6%135.0%
Expected Move45.3%37.3%54.3%45.5%42.6%
HV 20d153.4%114.2%185.4%179.4%114.2%
HV 60d159.1%154.8%162.3%154.8%159.3%
Term Structure-3.3%-15.1%8.2%5.5%-3.5%
VWIV157.3%127.9%189.1%158.0%151.6%
Skew 25d9.1%2.3%24.7%24.7%5.7%
Skew 10d22.9%8.6%48.1%45.4%14.3%
Call IV 25d149.2%124.2%188.5%147.0%132.5%
Put IV 25d158.3%138.1%192.5%171.7%138.1%
Bid-Ask Spread %6.754.2413.637.014.48
Gamma HHI0.090.070.110.070.07
Net GEX1.8M582.7K3.5M582.7K2.0M
Net DEX-178.4M-333.4M-48.2M-60.5M-188.7M
Net VEX-1.7M-2.0M-1.2M-1.3M-1.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.240.670.610.52
Total Volume3,817.3331,58310,5251,6191,849
Total OI27,542.61924,66831,64426,52428,556

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-04-01$262.40$400.00159.6%45.5%179.4%0.0%158.0%24.7%5.5%582.7K-60.5M-1.3M0.617.011,00861118,6807,844
2020-04-02$254.00$400.00167.8%47.4%178.0%0.0%162.6%19.6%4.4%590.6K-64.1M-1.3M0.2513.632,30157818,9437,919
2020-04-03$244.00$400.00166.2%47.1%175.1%0.0%159.4%10.2%8.2%707.3K-48.2M-1.2M0.666.6599766219,1767,895
2020-04-06$284.80$400.00136.6%39.1%185.4%0.0%129.0%13.8%0.1%1.0M-95.8M-1.4M0.619.251,6601,00618,2267,039
2020-04-07$286.40$440.00136.5%39.3%184.4%0.0%136.2%15.8%0.3%1.3M-98.9M-1.4M0.4510.841,74178218,9447,416
2020-04-08$305.40$440.00130.7%37.7%179.9%0.0%127.9%15.0%3.8%1.6M-126.1M-1.5M0.4711.251,62476019,3367,596
2020-04-09$307.00$440.00131.1%37.3%170.5%0.0%128.1%13.6%-1.7%1.5M-129.0M-1.5M0.476.621,69979620,0147,892
2020-04-13$308.80$440.00138.7%39.5%169.8%0.0%136.4%10.6%-3.1%1.6M-121.1M-1.5M0.427.341,11247119,3727,383
2020-04-14$377.60$440.00190.4%54.3%170.6%0.0%189.1%4.0%-15.1%2.5M-274.6M-1.9M0.375.747,6632,86219,7247,543
2020-04-15$398.60$440.00178.8%51.3%170.8%0.0%179.6%3.9%-8.5%3.5M-333.4M-2.0M0.446.876,0582,64821,5178,690
2020-04-16$363.20$440.00159.4%45.9%151.1%0.0%160.2%4.6%-4.4%2.3M-230.8M-1.9M0.534.773,7051,94821,9059,335
2020-04-17$377.80$440.00155.4%45.1%150.9%0.0%157.3%2.7%-4.7%2.7M-265.4M-2.0M0.477.722,4321,14722,1149,530
2020-04-20$378.00$440.00166.3%49.9%150.7%0.0%173.1%4.6%-8.7%2.3M-269.7M-2.0M0.245.985,2811,27618,0256,643
2020-04-21$340.40$440.00165.7%50.4%154.7%0.0%175.3%3.7%-3.9%2.0M-204.0M-1.8M0.674.682,6461,77519,4737,018
2020-04-22$344.40$440.00172.4%51.1%123.9%0.0%178.2%13.8%-13.5%1.9M-210.6M-1.9M0.624.241,9781,21719,8507,432
2020-04-23$332.80$440.00158.7%47.0%124.1%0.0%163.7%6.4%-6.7%1.4M-174.0M-1.8M0.414.452,16989220,1597,744
2020-04-24$344.20$440.00141.8%42.0%124.2%0.0%148.0%6.8%-5.9%1.4M-186.5M-1.8M0.545.031,9211,03020,4338,024
2020-04-27$360.20$440.00149.7%47.5%122.2%0.0%166.3%3.9%-5.0%2.1M-226.5M-1.9M0.244.874,4041,06418,7116,984
2020-04-28$353.40$440.00148.9%47.6%121.2%0.0%167.8%2.3%-3.6%2.3M-212.3M-1.9M0.554.792,4041,33019,7747,455
2020-04-29$365.20$440.00141.3%44.6%121.5%0.0%156.2%5.1%-2.3%2.7M-226.1M-1.9M0.545.501,72293520,0088,073
2020-04-30$352.00$440.00135.0%42.6%114.2%0.0%151.6%5.7%-3.5%2.0M-188.7M-1.8M0.524.481,21663320,3308,226