SPCE Options History — October 2023

In October 2023, SPCE traded between $27.60 and $36.60. ATM implied volatility averaged 108.4%, placing in the 35.0% IV rank vs the trailing year. The 30-day expected move averaged 31.3%. IV traded above realized volatility by 24.3% (HV 20d: 84.1%). Max pain ranged from $30.00 to $60.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.62.

Notable Days

  • 2023-10-06: Highest Volume — 1,881 contracts
  • 2023-10-18: Largest IV spike — 14.5% change
  • 2023-10-27: Highest IV Rank — 39.7%
  • 2023-10-27: Largest Expected Move — 34.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.16$27.60$36.60$35.40$29.60
Max Pain$37.73$30.00$60.00$60.00$30.00
ATM IV108.4%97.9%113.2%112.9%108.9%
Expected Move31.3%27.8%34.9%30.2%33.0%
HV 20d84.1%75.5%96.4%76.0%93.9%
HV 60d69.8%63.7%75.7%64.2%75.6%
IV Rank35.0%24.7%39.7%39.5%35.5%
IV Percentile80.9%49.2%93.3%93.3%82.9%
Term Structure-0.4%-8.0%5.3%-3.0%4.1%
VWIV110.4%98.8%124.4%109.7%117.7%
Skew 25d2.2%-13.4%14.2%-1.3%4.3%
Skew 10d9.8%-49.5%59.0%12.0%-2.6%
Call IV 25d111.6%89.4%122.5%114.5%112.1%
Put IV 25d113.8%98.5%122.2%113.2%116.4%
Bid-Ask Spread %10.773.6224.844.2410.15
Gamma HHI0.270.180.420.260.18
Net GEX-69.0K-105.0K-37.3K-93.8K-37.3K
Net DEX15.6M12.5M20.1M17.8M12.5M
Net VEX-142.3K-164.8K-120.1K-162.4K-131.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.102.550.550.23
Total Volume619.9552971,881956297
Total OI27,130.31824,36828,99027,48724,852

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$35.40$60.00112.9%30.2%76.0%39.5%109.7%-1.3%-3.0%-93.8K17.8M-162.4K0.554.2461534114,76512,722
2023-10-03$33.00$60.00112.2%32.5%78.1%38.8%111.3%5.5%-0.4%-82.0K18.7M-140.6K0.273.873168414,96012,728
2023-10-04$32.60$60.00113.1%30.7%78.1%39.6%108.2%10.1%-0.0%-92.2K18.0M-150.1K2.498.2018746615,08212,759
2023-10-05$32.60$40.00110.7%29.6%77.8%37.3%102.8%13.7%1.5%-89.0K18.1M-139.3K0.654.8124916315,12612,780
2023-10-06$33.40$40.00106.8%31.1%78.9%33.4%107.8%14.2%5.3%-86.9K16.9M-155.2K2.5524.845301,35115,24612,869
2023-10-09$30.80$40.00104.8%31.1%75.5%31.5%111.2%5.8%4.0%-99.7K20.1M-132.4K0.253.6253813614,54913,576
2023-10-10$33.80$40.00106.3%30.8%84.6%33.0%108.5%-9.3%-0.7%-88.5K17.3M-150.2K0.306.8190926914,76112,957
2023-10-11$33.40$40.00106.7%29.7%82.0%33.4%107.2%-10.9%-5.8%-62.6K15.8M-146.4K0.775.9431524215,18913,100
2023-10-12$31.20$40.00103.6%29.5%83.5%30.3%106.8%-0.4%0.0%-105.0K16.4M-140.0K0.4221.9627311415,37213,064
2023-10-13$32.00$40.00110.7%30.5%83.2%37.3%107.1%7.3%-7.1%-75.1K15.7M-145.8K0.144.983945415,53913,060
2023-10-16$35.00$40.00102.6%29.3%84.2%29.4%98.8%3.0%2.3%-60.0K15.5M-153.3K0.4122.9156222815,31212,846
2023-10-17$36.60$30.0097.9%27.8%80.7%24.7%100.5%10.3%0.9%-42.2K15.2M-164.8K0.843.9631226315,72912,808
2023-10-18$33.80$30.00112.1%32.1%84.1%38.7%108.1%2.1%-4.9%-48.4K15.2M-151.9K0.1022.834144215,82212,888
2023-10-19$35.00$30.00107.3%30.9%82.9%34.0%109.1%3.2%1.7%-64.0K16.5M-149.9K0.238.843548115,96412,879
2023-10-20$32.60$30.00110.4%32.3%84.3%37.0%112.7%2.9%-8.0%-65.1K15.7M-141.7K0.7720.2126320316,15512,835
2023-10-23$30.80$30.00110.7%32.4%86.2%37.3%117.8%-0.9%-2.6%-60.4K13.2M-135.9K0.225.444058812,76811,600
2023-10-24$30.80$30.00108.8%30.9%85.9%35.4%112.1%-7.5%-3.5%-63.0K13.5M-134.3K0.5922.9320912313,02011,632
2023-10-25$28.40$30.00106.9%32.1%90.0%33.5%116.9%3.7%-0.7%-58.1K13.2M-123.4K0.884.4547141613,14311,588
2023-10-26$30.00$30.00109.0%32.8%90.7%35.7%124.4%11.6%0.6%-46.6K12.8M-133.8K0.2510.872666613,31911,790
2023-10-27$27.60$30.00113.2%34.9%93.2%39.7%119.4%-13.4%4.6%-49.4K12.5M-120.1K0.546.7526414213,42411,789
2023-10-30$29.20$30.00108.7%34.4%96.4%35.3%111.2%-4.5%2.7%-47.8K13.1M-128.5K0.198.2852210212,78211,718
2023-10-31$29.60$30.00108.9%33.0%93.9%35.5%117.7%4.3%4.1%-37.3K12.5M-131.1K0.2310.152425513,08011,772