SPCE Options History — July 2022

In July 2022, SPCE traded between $126.20 and $154.40. ATM implied volatility averaged 100.0%, placing in the 34.2% IV rank vs the trailing year. The 30-day expected move averaged 28.9%. IV traded above realized volatility by 19.9% (HV 20d: 80.1%). Max pain ranged from $120.00 to $200.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.87.

Notable Days

  • 2022-07-07: Highest Volume — 3,658 contracts
  • 2022-07-15: Largest IV drop — 12.1% change
  • 2022-07-14: Highest IV Rank — 44.0%
  • 2022-07-05: Largest Expected Move — 32.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$141.93$126.20$154.40$126.20$148.40
Max Pain$139.00$120.00$200.00$200.00$140.00
ATM IV100.0%87.2%111.6%102.8%87.2%
Expected Move28.9%24.5%32.3%26.0%24.5%
HV 20d80.1%68.6%95.8%87.7%68.6%
HV 60d87.5%84.2%89.6%84.8%87.0%
IV Rank34.2%24.4%44.0%30.8%24.4%
IV Percentile71.0%46.8%93.7%78.2%46.8%
Term Structure0.5%-4.9%14.8%13.8%-0.6%
VWIV101.5%88.7%112.4%92.4%88.7%
Skew 25d7.4%-17.7%11.6%11.1%5.8%
Skew 10d24.6%7.3%83.1%7.3%37.8%
Call IV 25d99.3%87.1%137.0%93.1%87.1%
Put IV 25d106.7%92.9%119.3%104.2%92.9%
Bid-Ask Spread %3.221.854.111.853.13
Gamma HHI0.090.060.190.080.18
Net GEX272.5K63.3K536.3K69.9K536.3K
Net DEX33.7M13.9M53.9M52.5M16.7M
Net VEX-604.2K-656.4K-538.7K-545.5K-652.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.870.451.680.810.60
Total Volume1,4058233,6581,8011,440
Total OI27,168.122,73731,63130,99123,791

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-07-01$126.20$200.00102.8%26.0%87.7%30.8%92.4%11.1%13.8%69.9K52.5M-545.5K0.811.8599780419,11811,873
2022-07-05$128.00$120.00105.5%32.3%86.9%32.9%112.4%5.5%3.4%63.3K53.9M-538.7K1.063.4673077118,50911,487
2022-07-06$129.00$120.00111.6%32.1%86.4%37.5%111.0%-17.7%-0.9%152.7K48.9M-568.5K0.744.1166349318,80611,492
2022-07-07$144.80$120.00110.1%31.3%95.8%36.4%109.8%11.6%-3.4%371.5K38.1M-628.0K0.653.722,2121,44618,92011,575
2022-07-08$146.20$120.00103.3%30.7%92.6%31.2%110.0%7.8%-0.6%425.3K37.6M-656.4K0.722.861,19785719,36012,271
2022-07-11$133.00$140.00110.3%31.1%92.6%42.4%107.9%6.5%-0.4%85.7K51.5M-582.3K1.073.5381987418,86811,759
2022-07-12$138.00$140.00104.1%29.9%91.0%40.8%108.4%8.9%0.8%178.1K48.7M-599.5K0.933.8050647019,12311,880
2022-07-13$138.60$140.00105.0%29.7%78.6%41.7%103.8%10.8%-1.2%190.6K50.1M-574.7K1.003.3753453419,22011,935
2022-07-14$138.20$140.00107.3%30.2%78.5%44.0%105.0%7.1%-2.6%246.7K49.7M-575.2K0.792.7378261419,33011,889
2022-07-15$146.20$140.0094.3%28.4%79.6%31.4%99.7%9.7%5.7%210.3K44.1M-632.6K0.453.471,30458919,44211,983
2022-07-18$144.80$140.0097.7%27.9%77.2%34.6%97.4%7.6%-2.0%282.2K20.3M-610.7K0.543.301,12161113,7209,017
2022-07-19$151.60$140.0097.1%27.7%73.7%34.0%94.7%10.7%-0.6%419.7K16.2M-631.6K0.772.7564549614,1319,157
2022-07-20$154.40$140.0095.6%27.4%72.3%32.6%95.5%9.9%-0.8%505.6K13.9M-643.1K1.043.5345547414,3409,267
2022-07-21$153.60$140.0096.9%28.0%71.9%33.8%96.3%11.0%-4.9%512.7K15.1M-643.2K0.922.7046342514,4099,391
2022-07-22$146.00$140.0092.0%26.5%74.9%29.1%93.3%7.9%-2.1%273.6K24.4M-570.8K0.862.8958550614,4629,443
2022-07-25$142.00$140.0095.9%28.7%75.2%32.8%98.3%8.8%-2.4%230.0K25.9M-571.0K1.083.7549253113,9719,048
2022-07-26$139.40$140.0096.8%29.1%75.6%33.7%105.5%8.1%-2.5%128.9K28.7M-561.8K1.683.1635259214,1089,223
2022-07-27$144.00$140.0095.5%29.5%73.5%32.5%103.0%7.0%-4.0%239.1K19.6M-643.3K0.913.6943139214,1489,288
2022-07-28$146.20$140.0090.0%27.7%68.6%27.1%97.7%9.6%14.8%327.1K17.0M-655.4K0.792.6049939414,2489,360
2022-07-29$148.40$140.0087.2%24.5%68.6%24.4%88.7%5.8%-0.6%536.3K16.7M-652.1K0.603.1389854214,3789,413