SPCE Options History — April 2022

In April 2022, SPCE traded between $151.00 and $209.80. ATM implied volatility averaged 100.6%, placing in the 29.1% IV rank vs the trailing year. The 30-day expected move averaged 29.3%. IV traded above realized volatility by 13.2% (HV 20d: 87.3%). Max pain ranged from $180.00 to $180.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.60.

Notable Days

  • 2022-04-06: Highest Volume — 3,947 contracts
  • 2022-04-08: Largest IV spike — 8.3% change
  • 2022-04-27: Highest IV Rank — 37.8%
  • 2022-04-27: Largest Expected Move — 33.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$174.13$151.00$209.80$198.40$151.00
Max Pain$180.00$180.00$180.00$180.00$180.00
ATM IV100.6%88.4%112.0%88.4%108.1%
Expected Move29.3%26.5%33.3%27.9%32.4%
HV 20d87.3%67.0%101.5%94.4%67.0%
HV 60d112.7%107.8%118.9%118.0%108.1%
IV Rank29.1%19.9%37.8%19.9%34.8%
IV Percentile69.1%50.8%87.7%50.8%82.1%
Term Structure-0.4%-4.7%9.3%4.5%-3.5%
VWIV105.6%96.7%117.4%103.2%113.1%
Skew 25d-4.6%-13.8%4.2%-4.5%4.2%
Skew 10d-7.4%-24.6%38.0%-8.5%2.3%
Call IV 25d107.2%94.2%116.5%94.2%109.6%
Put IV 25d102.5%89.8%115.6%89.8%113.7%
Bid-Ask Spread %4.063.238.664.223.63
Gamma HHI0.070.050.180.180.05
Net GEX429.8K116.7K1.3M1.3M129.6K
Net DEX33.0M1.3M45.8M22.1M38.6M
Net VEX-1.0M-1.2M-849.7K-1.2M-849.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.210.850.380.73
Total Volume2,154.351,0243,9473,9241,298
Total OI31,818.5527,35536,62036,62028,910

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-04-01$198.40$180.0088.4%27.9%94.4%19.9%103.2%-4.5%4.5%1.3M22.1M-1.2M0.384.222,8481,07622,75413,866
2022-04-04$209.80$180.0093.2%27.4%93.2%23.5%99.5%-2.2%4.9%1.2M1.3M-1.2M0.453.622,17998521,44912,793
2022-04-05$193.00$180.0091.8%28.0%99.6%22.4%101.8%-13.8%5.6%789.5K26.6M-1.1M0.564.041,71596021,82313,006
2022-04-06$182.00$180.0093.4%28.0%101.5%23.7%107.3%-10.9%7.4%370.4K41.7M-1.0M0.578.662,5081,43921,98213,196
2022-04-07$181.40$180.0095.0%28.4%100.4%24.9%101.6%-10.0%9.3%499.8K38.3M-1.0M0.855.091,2241,04022,39513,332
2022-04-08$175.20$180.00103.0%27.6%100.4%30.9%103.7%-13.8%0.2%200.5K45.8M-1.0M0.703.911,14380622,57613,401
2022-04-11$174.20$180.00103.2%28.4%95.2%31.1%102.5%-9.6%-2.6%250.4K44.3M-1.0M0.663.881,07471221,54812,932
2022-04-12$175.40$180.0096.7%26.9%92.1%26.2%98.6%-6.7%-3.4%253.7K44.3M-1.0M0.724.071,13481221,77613,078
2022-04-13$182.20$180.0094.9%26.5%89.0%24.8%96.7%-6.1%-2.6%508.9K41.8M-1.0M0.703.641,08776121,93113,285
2022-04-14$180.60$180.0094.0%26.5%79.1%24.1%97.2%-4.6%-0.9%553.7K40.1M-1.1M0.803.431,10588922,13513,547
2022-04-18$171.40$180.0096.3%27.4%79.2%25.9%99.6%-6.2%-0.4%361.0K28.8M-984.7K0.513.621,05453416,65610,699
2022-04-19$182.20$180.0096.4%27.5%82.6%25.9%101.5%-4.5%0.6%639.6K14.8M-1.1M0.213.323,09666316,93310,872
2022-04-20$169.80$180.00101.8%29.2%85.1%30.0%103.8%-3.2%-4.0%309.6K29.3M-978.5K0.793.2397277317,47011,098
2022-04-21$159.80$180.00104.3%30.1%87.2%32.0%107.0%-4.2%-3.7%116.7K35.9M-917.3K0.433.461,21752917,62611,234
2022-04-22$160.60$180.00106.9%31.1%87.2%33.9%111.0%-0.9%-4.2%120.4K33.4M-936.4K0.644.6594960817,69411,301
2022-04-25$165.60$180.00111.5%33.0%88.0%37.4%114.4%0.5%-2.7%355.9K27.9M-957.6K0.473.491,12153216,78010,890
2022-04-26$156.80$180.00111.4%32.9%88.1%37.4%117.4%-1.7%-3.8%240.2K32.9M-904.3K0.803.2770056317,24911,085
2022-04-27$155.40$180.00112.0%33.3%68.6%37.8%116.5%2.8%-4.5%195.4K36.8M-874.3K0.444.2371231217,29011,141
2022-04-28$157.80$180.00109.2%33.0%69.1%35.7%116.2%2.8%-4.7%223.5K36.0M-893.9K0.543.691,27168617,41911,219
2022-04-29$151.00$180.00108.1%32.4%67.0%34.8%113.1%4.2%-3.5%129.6K38.6M-849.7K0.733.6374954917,75311,157