SPCE Options History — February 2022

In February 2022, SPCE traded between $156.40 and $213.80. ATM implied volatility averaged 104.2%, placing in the 31.9% IV rank vs the trailing year. The 30-day expected move averaged 29.8%. IV traded below realized volatility by 19.0% (HV 20d: 123.1%). Max pain ranged from $200.00 to $300.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.59.

Notable Days

  • 2022-02-15: Highest Volume — 33,596 contracts
  • 2022-02-23: Largest IV drop — 15.5% change
  • 2022-02-22: Highest IV Rank — 47.4%
  • 2022-02-22: Largest Expected Move — 37.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$178.87$156.40$213.80$192.40$192.20
Max Pain$289.47$200.00$300.00$200.00$300.00
ATM IV104.2%92.8%124.7%98.9%95.8%
Expected Move29.8%23.9%37.6%24.5%28.3%
HV 20d123.1%88.0%146.7%110.8%145.7%
HV 60d89.8%75.2%106.2%75.2%106.2%
IV Rank31.9%23.2%47.4%27.8%25.5%
IV Percentile71.6%55.2%92.5%64.3%58.3%
Term Structure-1.1%-7.1%4.0%-3.1%0.9%
VWIV108.0%86.5%134.8%87.6%101.9%
Skew 25d-3.3%-25.9%7.5%2.0%4.7%
Skew 10d-6.0%-49.3%17.1%4.6%10.5%
Call IV 25d110.7%91.3%142.8%102.6%95.9%
Put IV 25d107.4%98.8%128.7%104.6%100.6%
Bid-Ask Spread %2.391.388.222.662.20
Gamma HHI0.130.050.400.130.07
Net GEX623.9K-430.8K1.5M830.0K685.8K
Net DEX57.7M-10.3M86.1M49.7M48.1M
Net VEX-951.7K-1.2M-818.8K-985.6K-1.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.221.080.550.71
Total Volume6,295.7891,40333,5962,8493,878
Total OI35,523.42131,50742,38931,50735,461

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-02-01$192.40$200.0098.9%24.5%110.8%27.8%87.6%2.0%-3.1%830.0K49.7M-985.6K0.552.661,8331,01619,42812,079
2022-02-02$188.40$200.0097.9%23.9%110.7%27.1%86.5%0.4%-5.3%850.7K52.3M-973.6K0.473.011,18255419,81512,462
2022-02-03$169.20$300.00104.5%29.9%112.4%32.1%107.6%0.1%-5.0%330.7K69.2M-873.3K0.891.521,4011,24920,08912,575
2022-02-04$180.20$300.00101.8%29.3%116.0%30.1%107.5%1.6%-2.4%1.5M58.4M-964.1K0.361.531,62858720,49112,972
2022-02-07$169.60$300.00104.2%30.2%113.5%31.9%108.7%2.5%2.1%311.5K72.4M-858.0K0.331.531,63554719,40512,156
2022-02-08$174.00$300.00101.8%29.4%113.5%30.0%104.3%2.6%-0.3%520.6K67.5M-895.3K0.382.231,01838520,27112,334
2022-02-09$182.40$300.0096.6%28.2%113.8%26.1%103.5%2.0%2.5%865.5K59.7M-953.4K0.281.811,54442720,61612,395
2022-02-10$176.80$300.0096.8%28.4%113.7%26.2%102.7%-2.6%2.6%826.3K64.6M-907.9K0.431.831,61268721,07212,413
2022-02-11$168.40$300.00106.2%31.3%88.0%33.4%110.4%0.9%4.0%205.8K72.5M-852.9K0.572.261,59090921,22512,516
2022-02-14$163.00$300.00107.8%30.7%88.1%34.6%109.3%-3.1%-2.0%181.4K73.8M-818.8K0.221.722,66657920,34712,223
2022-02-15$213.80$300.00122.6%35.0%130.4%45.8%131.7%-25.9%-5.3%1.2M-10.3M-1.2M0.403.2424,0749,52221,22312,390
2022-02-16$200.80$300.00107.2%30.7%132.4%34.1%116.1%-19.5%-0.3%1.2M18.0M-1.2M0.622.698,0235,01326,49315,615
2022-02-17$180.40$300.00105.6%30.3%138.2%33.0%113.9%-11.7%0.9%89.0K68.2M-1.0M1.081.723,6954,00327,31215,077
2022-02-18$167.80$300.00109.1%31.6%138.8%35.6%117.2%-14.6%-3.0%-430.8K86.1M-898.9K0.871.383,4242,99227,41514,744
2022-02-22$156.40$300.00124.7%37.6%140.9%47.4%134.8%-1.5%-7.1%191.7K68.2M-843.1K0.842.124,5323,78721,92012,920
2022-02-23$160.80$300.00105.4%30.4%141.2%32.8%109.2%-11.5%1.7%281.2K69.2M-862.7K0.648.228,1335,21523,62414,549
2022-02-24$179.40$300.0099.9%29.0%146.7%28.6%103.7%4.0%-1.5%970.5K56.1M-978.3K0.901.812,9562,65624,40515,261
2022-02-25$182.60$300.0092.8%26.8%144.8%23.2%96.3%7.5%-0.3%1.2M52.7M-978.7K0.581.882,9571,71124,37415,278
2022-02-28$192.20$300.0095.8%28.3%145.7%25.5%101.9%4.7%0.9%685.8K48.1M-1.0M0.712.202,2701,60822,10613,355