SPCE Options History — December 2022

In December 2022, SPCE traded between $65.80 and $103.40. ATM implied volatility averaged 88.4%, placing in the 19.3% IV rank vs the trailing year. The 30-day expected move averaged 25.8%. IV traded above realized volatility by 24.1% (HV 20d: 64.3%). Max pain ranged from $100.00 to $200.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.95.

Notable Days

  • 2022-12-16: Highest Volume — 2,025 contracts
  • 2022-12-05: Largest IV spike — 16.4% change
  • 2022-12-21: Highest IV Rank — 27.9%
  • 2022-12-22: Largest Expected Move — 27.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$84.19$65.80$103.40$103.40$69.20
Max Pain$182.86$100.00$200.00$100.00$160.00
ATM IV88.4%72.8%96.1%84.1%93.7%
Expected Move25.8%23.0%27.7%23.8%25.6%
HV 20d64.3%54.5%73.3%71.9%63.7%
HV 60d60.5%57.1%64.6%57.7%63.4%
IV Rank19.3%3.4%27.9%15.3%22.8%
IV Percentile34.2%2.0%57.1%21.8%47.6%
Term Structure1.4%-7.0%7.5%-1.1%5.9%
VWIV95.2%78.9%114.0%82.6%103.9%
Skew 25d5.3%-2.6%43.3%15.8%3.5%
Skew 10d17.8%-10.2%196.3%28.7%-0.2%
Call IV 25d92.0%76.4%101.2%88.2%95.0%
Put IV 25d97.3%78.5%129.4%104.1%98.5%
Bid-Ask Spread %2.431.428.843.321.74
Gamma HHI0.150.110.210.140.19
Net GEX-66.5K-158.2K162.3K162.3K-127.9K
Net DEX25.0M15.6M30.4M16.3M28.8M
Net VEX-265.9K-300.0K-214.0K-297.6K-221.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.362.360.361.11
Total Volume849.2383642,025796502
Total OI24,300.76222,52125,36722,61024,979

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$103.40$100.0084.1%23.8%71.9%15.3%82.6%15.8%-1.1%162.3K16.3M-297.6K0.363.3258621014,4648,146
2022-12-02$102.60$100.0072.8%23.0%72.0%3.4%78.9%2.1%1.8%68.6K15.6M-292.4K0.384.0764224414,6168,227
2022-12-05$102.20$200.0084.7%26.2%69.2%16.0%93.6%43.3%-0.8%128.1K16.2M-297.4K0.602.051,16469614,4138,108
2022-12-06$92.40$200.0081.1%25.7%73.3%12.2%94.5%-2.6%5.4%-12.8K21.2M-290.0K0.821.8754744915,0298,641
2022-12-07$91.60$200.0090.2%26.6%71.7%21.7%99.0%6.5%3.2%-38.8K23.2M-285.4K0.911.5037534215,0998,826
2022-12-08$93.40$200.0082.7%25.2%70.0%13.8%99.0%5.4%7.5%-51.1K22.5M-293.4K0.741.5746334215,1259,030
2022-12-09$93.40$200.0089.8%27.0%57.6%21.3%99.4%6.9%5.6%-14.8K21.5M-297.2K1.251.5136445415,2239,180
2022-12-12$95.20$200.0081.9%25.3%54.6%13.0%90.1%2.6%5.1%-17.9K21.7M-300.0K0.661.5346130314,8129,121
2022-12-13$94.40$200.0085.2%25.7%54.5%16.4%94.2%3.7%5.0%-25.8K22.3M-294.6K0.451.6736516314,9579,246
2022-12-14$91.60$200.0084.6%24.9%54.9%15.8%89.7%0.7%1.3%-86.6K24.4M-280.3K0.651.5022014414,9699,296
2022-12-15$85.00$200.0092.4%26.7%59.5%24.0%95.1%1.3%1.5%-143.1K26.6M-264.1K2.001.9443987814,9789,227
2022-12-16$82.80$200.0093.9%26.7%59.7%25.6%95.2%0.0%0.4%-93.5K27.8M-272.4K2.362.486031,42215,1609,643
2022-12-19$75.80$200.0090.3%26.0%65.2%21.8%93.5%0.5%2.5%-152.1K30.4M-248.5K0.561.9170039314,52410,079
2022-12-20$73.40$200.0092.8%26.7%64.0%24.4%98.2%2.7%-0.3%-154.3K29.9M-247.6K0.631.5039124714,88110,240
2022-12-21$74.80$200.0096.1%27.5%65.1%27.9%101.4%0.7%-3.1%-132.0K29.6M-254.3K0.641.4225216015,03910,227
2022-12-22$73.40$180.0095.8%27.7%63.5%27.5%94.1%5.9%-1.8%-158.2K29.4M-245.1K0.848.8436931015,11210,132
2022-12-23$72.60$180.0089.4%25.4%63.4%20.7%94.2%2.5%-7.0%-125.7K27.5M-254.8K0.872.0419717215,18510,182
2022-12-27$65.80$180.0091.8%26.4%66.9%20.7%98.3%3.5%1.6%-141.6K30.2M-215.2K1.341.6435447414,6799,870
2022-12-28$66.60$180.0092.3%25.6%65.6%21.2%114.0%1.9%0.1%-155.8K30.2M-214.0K2.125.3027458014,82010,029
2022-12-29$68.40$160.0091.3%24.4%64.1%20.1%89.8%3.7%-2.7%-123.0K28.9M-218.8K0.601.6036421914,9119,891
2022-12-30$69.20$160.0093.7%25.6%63.7%22.8%103.9%3.5%5.9%-127.9K28.8M-221.3K1.111.7423826415,0549,925