SPCE Options History — August 2023

In August 2023, SPCE traded between $50.80 and $82.80. ATM implied volatility averaged 84.7%, placing in the 11.7% IV rank vs the trailing year. The 30-day expected move averaged 23.8%. IV traded above realized volatility by 25.2% (HV 20d: 59.5%). Max pain ranged from $60.00 to $80.00. Net GEX was positive for 4 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.49.

Notable Days

  • 2023-08-15: Highest Volume — 3,654 contracts
  • 2023-08-02: Largest IV drop — 8.9% change
  • 2023-08-01: Highest IV Rank — 29.1%
  • 2023-08-01: Largest Expected Move — 32.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.43$50.80$82.80$82.80$50.80
Max Pain$72.61$60.00$80.00$80.00$60.00
ATM IV84.7%76.0%102.4%102.4%76.0%
Expected Move23.8%20.3%32.4%32.4%20.3%
HV 20d59.5%46.2%64.3%62.5%49.5%
HV 60d108.1%99.0%115.1%114.9%99.0%
IV Rank11.7%3.1%29.1%29.1%3.1%
IV Percentile18.3%0.4%64.3%64.3%0.4%
Term Structure0.8%-5.7%6.7%-1.7%2.3%
VWIV87.1%70.6%119.1%119.1%70.6%
Skew 25d-5.1%-13.4%4.8%-11.4%-7.6%
Skew 10d-13.6%-33.8%4.2%-25.5%-13.5%
Call IV 25d92.1%81.6%116.9%116.9%87.3%
Put IV 25d87.0%79.6%105.5%105.5%79.6%
Bid-Ask Spread %12.813.1828.803.184.61
Gamma HHI0.270.130.490.130.27
Net GEX-52.7K-179.4K390.0K390.0K-107.3K
Net DEX13.2M-13.6M20.6M-13.6M18.4M
Net VEX-287.6K-401.4K-231.6K-401.4K-231.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.111.540.340.30
Total Volume1,508.2175533,6542,760621
Total OI27,169.78325,01529,12328,01026,168

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$82.80$80.00102.4%32.4%62.5%29.1%119.1%-11.4%-1.7%390.0K-13.6M-401.4K0.343.182,05670416,25211,758
2023-08-02$79.20$80.0093.3%28.1%63.0%20.2%107.8%-13.4%1.4%299.6K-4.5M-382.5K0.443.671,87581816,69712,087
2023-08-03$75.80$80.0097.0%26.1%61.1%23.8%96.9%-8.6%-5.7%150.3K2.1M-358.2K0.375.561,01537716,83812,118
2023-08-04$74.00$80.0093.6%25.3%61.7%20.5%97.3%-12.2%-3.7%1.1K5.8M-345.8K0.3524.221,05837616,95312,170
2023-08-07$70.40$80.0089.3%25.0%63.7%16.2%91.1%-6.1%-2.3%-64.1K8.9M-331.3K0.394.051,62462814,76911,699
2023-08-08$69.60$80.0088.8%24.7%62.2%15.8%91.7%-6.2%-2.6%-59.0K10.5M-328.2K0.3426.6386529115,46112,010
2023-08-09$68.00$80.0088.6%24.7%62.3%15.6%91.7%-10.2%-2.7%-89.4K12.6M-320.3K0.197.071,14321315,66312,069
2023-08-10$64.80$80.0084.1%23.7%61.6%11.1%93.1%-10.1%-1.2%-152.6K16.8M-307.1K0.2415.621,94647516,00812,181
2023-08-11$65.00$80.0083.8%24.1%58.2%10.8%88.8%-0.1%-0.2%-127.3K18.2M-297.7K0.364.091,18242116,51012,206
2023-08-14$62.60$80.0079.6%22.7%59.2%6.7%83.7%-4.6%6.7%-140.5K15.3M-283.5K0.2918.661,10232015,07811,596
2023-08-15$57.60$80.0081.2%23.3%64.3%8.2%81.8%-5.1%0.8%-179.4K18.9M-264.3K1.235.261,6372,01715,56711,784
2023-08-16$55.80$70.0078.9%22.6%60.1%6.0%79.6%-7.4%5.9%-157.4K19.9M-265.9K1.5427.538861,36115,78712,145
2023-08-17$54.80$70.0081.1%23.0%60.1%8.2%85.1%-10.5%3.1%-132.4K20.6M-266.3K0.314.2558318216,05812,852
2023-08-18$57.00$70.0083.4%23.5%63.4%10.4%82.4%-3.1%3.9%-81.6K18.7M-272.1K0.4626.7387540416,36112,595
2023-08-21$55.40$70.0082.2%22.8%63.6%9.3%81.0%-0.8%4.1%-91.1K14.9M-261.4K0.114.691,06711413,38511,630
2023-08-22$54.20$70.0086.3%23.7%63.6%13.3%82.5%4.8%-1.2%-57.0K15.4M-252.2K0.2827.0264617813,93411,651
2023-08-23$55.20$70.0080.0%22.9%60.2%7.1%80.8%-2.0%3.9%-36.6K14.7M-255.9K0.186.3872613214,11811,695
2023-08-24$51.60$70.0082.1%22.2%62.5%9.2%82.1%0.7%1.8%-113.5K18.8M-232.0K1.3728.8064688814,21411,723
2023-08-25$50.80$60.0079.8%21.6%57.5%6.9%80.5%-4.4%2.7%-118.7K17.8M-238.0K0.424.3848920714,44811,914
2023-08-28$51.60$60.0079.8%21.6%46.2%6.9%79.4%2.7%4.6%-124.0K18.1M-231.8K0.9416.6657253813,35911,682
2023-08-29$53.40$60.0080.0%21.3%50.7%7.0%77.2%2.0%-2.8%-111.3K16.7M-244.4K0.193.2673814013,65411,989
2023-08-30$52.40$60.0076.6%21.4%50.0%3.7%79.1%-3.2%2.2%-109.5K17.6M-242.6K0.5722.2135120214,02512,044
2023-08-31$50.80$60.0076.0%20.3%49.5%3.1%70.6%-7.6%2.3%-107.3K18.4M-231.6K0.304.6147614514,17511,993