SPCE Options History — August 2024

In August 2024, SPCE traded between $5.38 and $7.09. ATM implied volatility averaged 121.0%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 34.9%. IV traded above realized volatility by 17.6% (HV 20d: 103.5%). Max pain ranged from $7.00 to $7.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.86.

Notable Days

  • 2024-08-16: Highest Volume — 21,583 contracts
  • 2024-08-15: Largest IV drop — 19.1% change
  • 2024-08-05: Highest IV Rank — 18.5%
  • 2024-08-02: Largest Expected Move — 45.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.40$5.38$7.09$6.34$6.67
Max Pain$7.00$7.00$7.00$7.00$7.00
ATM IV121.0%94.9%148.8%143.9%108.3%
Expected Move34.9%29.6%45.1%44.3%29.6%
HV 20d103.5%89.9%111.3%111.3%89.9%
HV 60d114.9%108.6%122.2%121.9%109.6%
IV Rank11.5%4.8%18.5%17.3%8.2%
IV Percentile64.5%25.0%89.7%87.7%45.2%
Term Structure1.7%-27.3%47.1%47.1%-10.1%
VWIV133.2%107.8%168.3%164.0%107.8%
Skew 25d-8.4%-33.3%20.7%20.7%-18.3%
Skew 10d-8.9%-44.6%21.7%9.3%-11.9%
Call IV 25d135.9%119.8%162.2%146.0%124.3%
Put IV 25d127.5%106.0%166.6%166.6%106.0%
Bid-Ask Spread %33.2319.2447.2636.8240.98
Gamma HHI0.210.110.480.110.20
Net GEX77.0K-30.2K284.9K7.3K43.3K
Net DEX-2.6M-8.5M2.1M217.6K-3.8M
Net VEX-70.5K-85.1K-55.1K-58.5K-82.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.222.860.451.02
Total Volume7,303.9093,13021,5835,5894,766
Total OI77,882.95562,46892,19566,80592,195

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$6.34$7.00143.9%44.3%111.3%17.3%164.0%20.7%47.1%7.3K217.6K-58.5K0.4536.823,8541,73531,42335,382
2024-08-02$6.00$7.00143.7%45.1%110.7%17.2%168.3%-14.1%-13.5%-30.2K2.0M-57.9K0.4939.143,0351,48732,01235,977
2024-08-05$5.87$7.00148.8%41.2%109.9%18.5%148.1%0.1%-27.3%21.0K1.2M-55.1K1.2721.613,4614,41029,35533,113
2024-08-06$5.67$7.00142.3%40.4%103.8%16.9%167.7%-0.5%-4.1%13.2K1.7M-58.2K1.0130.241,7291,74231,74636,649
2024-08-07$5.38$7.00126.3%40.6%104.6%12.8%153.4%7.6%22.8%7722.1M-55.2K0.5426.784,7852,57733,10339,158
2024-08-08$5.96$7.00121.1%35.0%106.0%11.5%136.5%3.2%2.3%42.6K1.5M-58.1K0.5122.438,0164,10934,76240,365
2024-08-09$6.19$7.00111.7%34.0%104.9%9.1%119.4%1.9%3.9%36.9K539.6K-62.7K0.2820.445,5131,53737,42842,144
2024-08-12$5.83$7.00117.8%32.4%103.7%10.7%124.1%-3.4%-1.8%9.5K885.8K-60.3K0.9620.561,9641,88332,95837,653
2024-08-13$6.14$7.00120.0%31.7%104.3%11.2%123.3%-33.3%-3.7%41.8K16.1K-62.3K0.6821.072,0291,37534,07639,020
2024-08-14$6.17$7.00117.3%30.4%100.6%10.5%114.6%-0.7%-4.8%39.1K-102.9K-62.9K2.2219.249712,15935,04140,177
2024-08-15$6.87$7.0094.9%31.9%102.7%4.8%120.1%-6.1%11.4%218.5K-3.5M-67.6K0.4232.928,4343,51935,48441,387
2024-08-16$6.47$7.00107.8%32.0%105.0%8.1%136.1%-10.7%5.9%119.5K-2.2M-70.2K0.2940.0916,7144,86941,41743,208
2024-08-19$6.81$7.00114.6%32.9%102.3%9.8%128.6%-8.7%-0.5%96.2K-5.1M-76.6K0.5131.775,3202,71636,85433,848
2024-08-20$6.54$7.00117.7%33.5%102.9%10.6%133.1%-18.0%1.8%92.4K-4.6M-77.3K0.2434.576,7581,64940,21235,857
2024-08-21$7.09$7.00124.2%35.6%105.4%12.3%135.1%-17.8%0.5%146.6K-8.3M-85.1K0.2237.458,6351,93844,04937,060
2024-08-22$6.72$7.00115.3%32.7%106.5%10.0%132.0%-24.9%7.4%132.5K-6.7M-83.7K0.6445.553,1041,97648,34738,393
2024-08-23$7.04$7.00118.3%34.2%102.3%10.8%131.4%-16.5%-6.3%284.9K-8.5M-82.9K0.6036.634,4902,67648,43739,519
2024-08-26$7.04$7.00121.4%33.9%101.7%11.6%126.4%-11.9%0.6%136.0K-8.1M-84.7K1.3144.232,7143,55344,60636,917
2024-08-27$6.91$7.00120.1%33.3%101.5%11.2%131.9%-14.0%-0.1%119.3K-7.2M-84.5K1.3842.011,9472,69146,39139,178
2024-08-28$6.39$7.00110.5%31.7%104.1%8.8%115.1%-6.8%5.0%73.3K-4.3M-81.3K2.8639.182,7497,87447,42940,088
2024-08-29$6.63$7.00116.5%31.0%92.4%10.3%112.4%-13.0%0.7%50.2K-4.2M-82.2K0.9047.261,6961,52747,63343,374
2024-08-30$6.67$7.00108.3%29.6%89.9%8.2%107.8%-18.3%-10.1%43.3K-3.8M-82.6K1.0240.982,3552,41148,15044,045