SPCE Options History — July 2024

In July 2024, SPCE traded between $6.49 and $8.27. ATM implied volatility averaged 141.8%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 40.1%. IV traded above realized volatility by 32.3% (HV 20d: 109.5%). Max pain ranged from $7.00 to $9.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.48.

Notable Days

  • 2024-07-05: Highest Volume — 21,586 contracts
  • 2024-07-11: Largest IV spike — 33.8% change
  • 2024-07-11: Highest IV Rank — 27.0%
  • 2024-07-18: Largest Expected Move — 43.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.35$6.49$8.27$7.80$7.29
Max Pain$7.95$7.00$9.00$9.00$7.00
ATM IV141.8%115.4%182.0%120.7%157.0%
Expected Move40.1%31.3%43.0%33.8%42.3%
HV 20d109.5%94.3%124.2%117.6%100.5%
HV 60d125.1%119.1%130.3%125.9%121.0%
IV Rank16.7%10.0%27.0%11.4%20.6%
IV Percentile85.8%68.7%97.2%75.8%93.3%
Term Structure1.8%-39.1%47.9%0.0%-37.4%
VWIV149.5%122.8%162.7%126.6%157.7%
Skew 25d-14.6%-36.2%91.3%-7.3%1.4%
Skew 10d-27.5%-66.7%57.5%-30.2%-39.8%
Call IV 25d167.7%134.2%193.7%146.2%134.2%
Put IV 25d153.0%135.6%231.4%138.9%135.6%
Bid-Ask Spread %31.2920.8242.5626.6438.00
Gamma HHI0.160.100.390.170.12
Net GEX47.8K-94.3K228.4K-27.0K63.0K
Net DEX-1.7M-10.2M4.6M1.9M-3.4M
Net VEX-60.0K-69.1K-41.5K-41.5K-68.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.171.141.140.82
Total Volume8,544.1361,83321,5865,3985,653
Total OI62,199.77333,91180,14933,91163,645

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$7.80$9.00120.7%33.8%117.6%11.4%126.6%-7.3%0.0%-27.0K1.9M-41.5K1.1426.642,5232,87512,93820,973
2024-07-02$7.96$9.00115.4%31.3%117.4%10.0%122.8%-26.6%8.7%-19.0K1.5M-45.6K0.5338.301,20063314,49523,385
2024-07-03$7.96$9.00131.0%31.6%118.3%14.0%124.7%-31.4%21.3%-22.1K-10.2M-69.1K0.3042.561,62348231,49939,160
2024-07-05$8.27$9.00156.0%41.4%120.7%20.4%151.1%-26.0%-39.1%8.0K-493.6K-46.0K0.1731.0418,4313,15516,85124,068
2024-07-08$7.85$9.00148.7%42.6%120.9%18.5%157.5%-0.8%-0.4%56.8K-4.9M-48.2K0.6829.649,0346,14127,99724,121
2024-07-09$7.00$9.00142.2%40.6%122.3%16.9%160.9%-15.0%7.8%18.7K2.2M-55.1K0.3530.7713,1984,66926,81228,847
2024-07-10$7.04$8.00136.0%41.4%123.5%15.3%155.7%-12.7%45.9%25.1K1.8M-56.9K0.2920.828,0582,31430,57431,834
2024-07-11$7.72$8.00182.0%42.0%119.7%27.0%151.8%91.3%22.4%81.6K-1.7M-63.8K0.2633.247,5391,96833,82333,456
2024-07-12$8.14$8.00137.8%40.3%124.2%15.7%145.9%-21.8%-2.7%102.3K-4.6M-65.7K0.3630.3510,9293,91335,89734,548
2024-07-15$7.54$8.00142.3%40.9%116.0%16.9%147.8%-36.2%2.6%92.6K-8.8M-62.9K0.4026.597,5473,03043,61233,465
2024-07-16$7.88$8.00145.5%41.5%118.8%17.7%148.3%-31.0%3.9%121.2K-3.1M-66.0K0.3025.444,7971,43036,10633,883
2024-07-17$7.22$8.00138.5%39.7%108.4%15.9%153.0%-33.2%-8.2%53.6K886.4K-60.0K0.9024.275,7705,22037,41934,730
2024-07-18$6.55$8.00149.7%43.0%99.7%18.8%161.3%-29.8%-3.4%-25.7K4.6M-59.3K0.2828.546,7731,91838,84638,705
2024-07-19$6.49$8.00140.9%41.0%94.5%16.5%162.7%-31.3%-9.6%-94.3K4.5M-60.3K0.4636.493,9301,81540,94339,206
2024-07-22$7.05$8.00150.7%42.0%96.1%19.0%149.4%-26.3%-3.3%46.7K-1.6M-62.5K0.1728.538,8641,53626,10829,960
2024-07-23$6.88$7.00163.6%42.0%94.3%22.3%153.6%-13.9%-37.4%90.6K-2.5M-64.5K0.4030.122,9881,18531,60631,283
2024-07-24$6.55$7.00127.0%42.9%95.0%13.0%152.4%-24.4%-0.9%55.7K-1.4M-59.6K0.4429.542,7901,21732,39631,977
2024-07-25$6.80$7.00141.9%40.8%96.1%16.8%150.0%-24.2%9.1%79.5K-1.1M-62.8K0.4333.204,1231,78132,53232,417
2024-07-26$7.46$7.00129.8%40.4%103.2%13.7%146.1%8.8%47.9%228.4K-5.0M-67.4K0.6635.275,8003,83934,28432,834
2024-07-29$7.21$7.00120.6%39.3%101.9%11.4%158.4%-8.8%36.0%66.4K-3.3M-68.3K0.7433.212,1221,56528,33431,252
2024-07-30$7.04$7.00141.4%41.1%99.8%16.7%151.4%-22.2%-23.3%50.0K-2.3M-66.9K0.4135.822,5481,04529,10132,473
2024-07-31$7.29$7.00157.0%42.3%100.5%20.6%157.7%1.4%-37.4%63.0K-3.4M-68.6K0.8238.003,1142,53930,42233,223