SPCE Options History — May 2022

In May 2022, SPCE traded between $108.00 and $165.00. ATM implied volatility averaged 102.4%, placing in the 30.5% IV rank vs the trailing year. The 30-day expected move averaged 29.9%. IV traded above realized volatility by 13.2% (HV 20d: 89.2%). Max pain ranged from $140.00 to $180.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.58.

Notable Days

  • 2022-05-06: Highest Volume — 4,422 contracts
  • 2022-05-06: Largest IV drop — 18.5% change
  • 2022-05-05: Highest IV Rank — 41.2%
  • 2022-05-03: Largest Expected Move — 33.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$133.76$108.00$165.00$156.40$139.20
Max Pain$151.43$140.00$180.00$180.00$140.00
ATM IV102.4%91.5%116.5%107.5%92.2%
Expected Move29.9%26.2%33.4%33.3%26.2%
HV 20d89.2%62.2%102.3%69.2%101.4%
HV 60d99.4%89.4%110.4%106.1%89.4%
IV Rank30.5%22.2%41.2%34.4%22.8%
IV Percentile70.4%51.6%89.3%79.8%52.4%
Term Structure-2.0%-14.1%5.0%-1.0%-0.9%
VWIV106.1%93.9%118.0%117.8%93.9%
Skew 25d6.9%2.4%10.3%2.4%7.4%
Skew 10d13.9%6.0%19.0%10.7%12.8%
Call IV 25d101.3%90.9%116.7%108.7%92.9%
Put IV 25d108.2%98.4%121.1%111.2%100.3%
Bid-Ask Spread %4.152.6110.103.493.94
Gamma HHI0.110.050.330.050.11
Net GEX174.7K-104.0K723.1K218.4K365.3K
Net DEX46.5M27.2M61.5M33.0M46.7M
Net VEX-656.6K-929.3K-462.7K-885.6K-650.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.281.210.340.29
Total Volume1,961.7147774,4221,1381,874
Total OI29,244.23827,41330,75527,88629,155

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$156.40$180.00107.5%33.3%69.2%34.4%117.8%2.4%-1.0%218.4K33.0M-885.6K0.343.4985228616,88411,002
2022-05-03$159.40$180.00107.0%33.4%65.5%34.0%118.0%4.2%-2.0%321.8K31.0M-906.2K0.453.4253424317,28111,115
2022-05-04$165.00$180.00103.9%33.4%62.2%31.7%115.4%6.6%-1.4%420.4K27.2M-929.3K0.403.021,20948517,45711,145
2022-05-05$150.00$160.00116.5%32.0%67.3%41.2%110.9%4.3%-4.8%287.9K35.6M-839.2K0.6810.102,4511,66917,99811,212
2022-05-06$136.60$160.0094.9%27.4%73.5%24.8%97.5%5.9%-1.4%3.0K53.8M-723.7K0.694.242,6091,81318,41911,625
2022-05-09$122.60$160.00101.5%29.1%80.5%29.8%101.9%6.3%-0.3%-49.4K55.3M-601.9K0.543.161,26267617,66311,137
2022-05-10$116.20$160.00102.3%29.2%81.3%30.4%103.3%9.5%-0.1%-88.9K58.6M-541.0K0.763.871,23693618,05011,343
2022-05-11$108.00$160.00106.0%31.8%82.8%33.2%112.4%8.6%5.0%-104.0K61.5M-462.7K0.392.611,38654118,51611,426
2022-05-12$115.80$160.00110.8%31.6%86.6%36.9%113.5%9.6%-1.4%-31.1K55.5M-538.6K0.472.961,88689118,70511,483
2022-05-13$131.00$140.00102.5%29.5%100.9%30.6%107.9%4.3%-0.5%566.4K46.4M-618.8K0.283.501,97655919,15211,589
2022-05-16$124.80$140.00106.7%30.8%100.7%33.8%109.9%9.9%-14.1%3.9K53.1M-578.7K0.843.1487773518,27411,151
2022-05-17$133.40$140.0099.1%28.5%101.3%28.0%101.3%7.0%-6.0%85.1K47.1M-636.7K0.805.3479763918,55411,454
2022-05-18$127.80$140.00105.3%30.2%99.8%32.7%105.7%8.7%-4.2%-18.9K50.5M-602.3K1.215.338721,05418,73211,617
2022-05-19$133.40$140.00101.6%29.3%100.2%29.9%103.3%6.1%-4.5%94.7K50.5M-611.7K0.704.6671750218,81411,697
2022-05-20$130.40$140.00103.6%30.0%100.1%31.4%105.2%9.8%-4.7%222.8K51.0M-600.2K0.783.9877760718,97811,777
2022-05-23$129.80$140.0099.3%28.3%99.0%28.1%103.9%5.8%-1.4%95.8K47.4M-592.3K0.443.5770330716,93710,476
2022-05-24$124.60$140.00101.0%29.5%98.3%29.5%103.9%4.8%0.8%71.6K47.4M-580.7K0.934.4873868517,22310,605
2022-05-25$129.40$140.0098.1%29.0%99.9%27.3%102.5%10.3%4.9%159.6K46.7M-592.8K0.374.2080329417,46410,847
2022-05-26$133.60$140.0098.7%28.9%100.6%27.7%103.6%5.9%-0.0%321.7K43.3M-628.2K0.323.951,14136917,53610,868
2022-05-27$141.60$140.0091.5%26.9%102.3%22.2%95.7%7.5%-3.3%723.1K35.8M-666.6K0.424.192,25395217,73811,030
2022-05-31$139.20$140.0092.2%26.2%101.4%22.8%93.9%7.4%-0.9%365.3K46.7M-650.7K0.293.941,45342117,96611,189