SPCE Options History — April 2024

In April 2024, SPCE traded between $15.00 and $28.40. ATM implied volatility averaged 132.2%, placing in the 57.1% IV rank vs the trailing year. The 30-day expected move averaged 39.0%. IV traded above realized volatility by 50.2% (HV 20d: 82.0%). Max pain ranged from $20.00 to $40.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.31.

Notable Days

  • 2024-04-30: Highest Volume — 2,315 contracts
  • 2024-04-04: Largest IV spike — 24.7% change
  • 2024-04-22: Highest IV Rank — 99.9%
  • 2024-04-22: Largest Expected Move — 55.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.96$15.00$28.40$28.40$17.60
Max Pain$28.64$20.00$40.00$40.00$20.00
ATM IV132.2%102.7%174.3%108.0%134.1%
Expected Move39.0%28.2%55.7%29.2%41.0%
HV 20d82.0%55.8%117.1%73.7%113.2%
HV 60d81.4%74.4%95.2%74.4%95.2%
IV Rank57.1%27.2%99.9%32.5%59.1%
IV Percentile91.3%46.0%99.6%71.0%94.0%
Term Structure1.0%-14.6%34.6%4.7%-2.9%
VWIV132.9%99.4%165.4%101.5%143.1%
Skew 25d7.6%-33.4%33.7%20.8%-32.5%
Skew 10d8.9%-56.2%44.6%39.6%-53.5%
Call IV 25d131.0%102.1%157.7%105.6%153.2%
Put IV 25d138.6%115.5%187.3%126.5%120.7%
Bid-Ask Spread %16.756.1932.0127.0921.20
Gamma HHI0.490.350.700.350.38
Net GEX-98.4K-135.9K-55.4K-114.8K-55.4K
Net DEX9.0M6.5M10.7M8.9M6.7M
Net VEX-86.8K-112.3K-60.7K-112.3K-74.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.310.1112.500.7712.50
Total Volume740.9552462,3155212,315
Total OI19,769.59118,83920,52819,12419,871

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$28.40$40.00108.0%29.2%73.7%32.5%101.5%20.8%4.7%-114.8K8.9M-112.3K0.7727.092952265,85513,269
2024-04-02$26.20$40.00106.0%31.4%75.3%30.5%109.9%17.1%11.3%-120.4K9.3M-108.5K0.3712.72239886,05713,423
2024-04-03$26.20$40.00102.7%28.2%75.3%27.2%99.4%10.2%34.6%-120.9K9.8M-105.2K0.3811.00240916,15213,483
2024-04-04$25.00$30.00128.1%39.0%75.9%53.0%120.1%3.8%11.1%-121.2K9.2M-103.4K0.376.66208786,29013,476
2024-04-05$25.00$30.00131.8%37.8%68.3%56.8%120.4%13.7%12.0%-95.4K9.7M-100.7K0.218.67256536,42513,526
2024-04-08$24.20$30.00132.0%38.1%68.5%57.0%120.2%19.6%-1.3%-121.2K9.4M-101.1K0.3111.02239746,05613,360
2024-04-09$23.00$30.00131.4%39.1%69.1%56.4%124.4%12.3%-2.0%-121.2K9.8M-94.9K0.2810.33193536,18013,367
2024-04-10$22.00$30.00135.5%40.2%69.6%60.5%132.9%8.6%4.2%-129.3K10.4M-89.6K0.337.603661206,25713,381
2024-04-11$22.40$30.00132.7%39.6%70.7%57.7%129.1%7.4%7.2%-93.1K9.7M-93.5K0.6013.411721046,45513,404
2024-04-12$21.20$30.00135.7%39.3%71.5%60.7%134.5%8.4%1.6%-114.7K9.6M-89.2K1.0624.902522676,53513,481
2024-04-15$20.40$30.00143.5%40.9%66.8%68.6%143.4%23.7%-14.6%-123.1K10.5M-86.2K2.5922.432255836,41813,457
2024-04-16$20.80$30.00139.8%40.2%55.8%64.9%152.7%26.7%-5.3%-120.4K10.0M-88.1K0.446.19206906,54113,678
2024-04-17$19.00$30.00129.9%37.2%58.9%54.8%130.2%25.5%-0.6%-135.5K10.7M-83.4K2.6232.014421,1606,62713,674
2024-04-18$19.60$30.00130.0%37.6%60.4%54.9%129.4%25.6%-6.4%-135.9K8.8M-82.7K0.219.91397846,89413,086
2024-04-19$17.20$30.00140.3%41.4%71.8%65.4%143.1%33.7%-11.9%-67.8K9.4M-71.4K3.2013.454681,4957,01412,190
2024-04-22$15.00$30.00174.3%55.7%82.1%99.9%165.4%19.3%-2.2%-63.5K8.7M-60.7K0.1410.127841106,35512,484
2024-04-23$18.40$20.00136.8%43.0%117.1%61.8%162.5%-26.3%-2.4%-65.8K7.9M-72.2K0.1125.771,8122016,84312,493
2024-04-24$17.40$20.00137.9%41.9%116.7%62.9%156.4%26.5%-3.7%-65.7K8.2M-70.9K0.1518.76472707,75912,576
2024-04-25$17.00$20.00136.5%40.7%112.9%61.5%142.6%-26.4%-9.3%-64.1K7.8M-70.9K1.0125.803913937,96112,567
2024-04-26$17.60$20.00134.1%38.0%114.6%59.0%132.4%-17.3%-6.7%-58.7K7.4M-74.0K0.8520.612792378,16412,248
2024-04-29$17.60$20.00126.7%37.3%115.0%51.5%130.0%-33.4%5.2%-56.8K6.5M-75.8K0.2528.78380937,60611,993
2024-04-30$17.60$20.00134.1%41.0%113.2%59.1%143.1%-32.5%-2.9%-55.4K6.7M-74.3K12.5021.201722,1437,82812,043