SPCE Options History — May 2024

In May 2024, SPCE traded between $17.20 and $25.40. ATM implied volatility averaged 148.5%, placing in the 62.5% IV rank vs the trailing year. The 30-day expected move averaged 41.4%. IV traded above realized volatility by 19.3% (HV 20d: 129.2%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.29.

Notable Days

  • 2024-05-28: Highest Volume — 9,680 contracts
  • 2024-05-14: Largest IV spike — 52.3% change
  • 2024-05-14: Highest IV Rank — 100.0%
  • 2024-05-30: Largest Expected Move — 56.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.59$17.20$25.40$18.60$17.60
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV148.5%90.5%206.1%135.3%206.1%
Expected Move41.4%31.5%56.6%39.5%56.0%
HV 20d129.2%115.1%153.7%116.2%140.0%
HV 60d102.6%92.0%112.6%95.8%112.6%
IV Rank62.5%14.8%100.0%60.3%100.0%
IV Percentile91.1%20.2%100.0%94.0%100.0%
Term Structure-3.3%-41.1%61.4%10.0%-28.4%
VWIV153.3%101.3%233.7%138.0%213.1%
Skew 25d-45.4%-102.8%16.9%-1.5%-101.6%
Skew 10d-62.7%-163.2%39.5%-19.6%-148.6%
Call IV 25d188.7%124.2%259.9%148.7%250.8%
Put IV 25d143.3%104.4%198.6%147.2%149.2%
Bid-Ask Spread %27.464.6762.2135.329.55
Gamma HHI0.180.120.260.230.16
Net GEX-18.9K-42.5K11.7K-37.9K-12.1K
Net DEX3.9M-155.7K6.1M6.0M4.1M
Net VEX-86.5K-109.9K-71.7K-77.2K-83.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.041.110.070.18
Total Volume1,4863429,680695596
Total OI22,150.45519,93125,19220,56125,192

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$18.60$20.00135.3%39.5%116.2%60.3%138.0%-1.5%10.0%-37.9K6.0M-77.2K0.0735.32650457,91812,643
2024-05-02$17.60$20.00151.8%32.0%116.5%77.0%101.3%-40.6%25.7%-42.5K6.1M-71.7K1.1129.712783098,08512,165
2024-05-03$18.80$20.00125.0%42.1%120.1%49.8%147.1%-14.0%-41.1%-35.8K5.4M-79.2K0.2338.748942028,16912,119
2024-05-06$20.40$20.00132.8%34.8%124.6%57.8%122.6%-16.7%-5.0%-24.5K4.9M-82.4K0.0826.571,5601218,09611,835
2024-05-07$20.00$20.00135.2%33.0%123.7%60.1%116.8%-25.0%0.2%-13.7K4.1M-84.2K0.1518.21513788,95211,887
2024-05-08$19.80$20.00117.0%31.5%122.9%41.7%109.9%-23.2%61.4%-11.6K4.8M-82.2K0.1962.21473929,15911,906
2024-05-09$20.40$20.0090.5%32.0%123.2%14.8%117.7%-11.7%4.2%-6.4K5.0M-81.2K0.1618.58438719,22411,929
2024-05-10$19.40$20.00109.0%33.0%123.0%33.6%114.8%-25.1%2.5%-32.6K5.6M-79.2K0.5330.032241189,27411,936
2024-05-13$21.20$20.00131.4%36.7%126.6%56.3%137.7%-56.8%-2.5%-24.9K4.4M-85.7K0.0448.202,265998,29811,840
2024-05-14$25.40$20.00200.1%51.1%141.6%100.0%186.7%-58.0%-12.6%11.7K-155.7K-109.9K0.2736.584,9211,3319,59611,908
2024-05-15$21.20$20.00165.8%39.0%153.2%72.4%152.6%-31.7%-38.4%-7.8K2.2M-99.6K0.1535.601,85928211,25312,979
2024-05-16$20.40$20.00146.2%38.8%153.7%56.6%164.8%-49.7%-15.2%-25.6K3.3M-95.0K0.3014.3337311311,13313,133
2024-05-17$20.00$20.00141.3%37.6%145.8%52.6%142.7%-102.8%-11.4%-16.2K3.4M-94.6K0.4735.6657727011,22613,193
2024-05-20$19.60$20.00137.5%38.3%136.1%49.5%160.8%-57.3%10.2%-19.5K3.5M-89.8K0.2621.395191349,99811,745
2024-05-21$19.40$20.00145.2%41.0%115.9%55.7%150.8%-57.6%23.5%-20.8K4.7M-85.5K0.3619.3231911410,20511,812
2024-05-22$18.60$20.00154.3%44.2%115.1%63.1%159.7%-41.3%-8.5%-17.2K3.1M-85.8K0.2020.143036010,35211,885
2024-05-23$18.00$20.00141.8%41.8%115.5%53.0%155.2%16.9%-5.5%-15.5K2.4M-79.5K0.5050.5532516210,47211,914
2024-05-24$17.20$20.00148.0%44.2%116.0%58.0%152.5%-23.9%-18.5%-28.8K4.7M-78.5K0.5929.4625615110,55112,040
2024-05-28$20.80$20.00184.9%55.5%134.4%87.8%233.7%-97.5%-1.5%-12.7K1.8M-99.7K0.0611.819,1405409,58711,919
2024-05-29$19.20$20.00182.4%51.5%138.1%85.8%193.2%-101.5%-16.7%-3.2K2.1M-94.4K0.327.5579025112,57112,197
2024-05-30$17.40$20.00185.8%56.6%141.3%88.5%200.7%-78.9%-4.9%-17.2K4.0M-84.6K0.204.6773014612,75412,260
2024-05-31$17.60$20.00206.1%56.0%140.0%100.0%213.1%-101.6%-28.4%-12.1K4.1M-83.6K0.189.555059112,92912,263