SPCE Options History — December 2024

In December 2024, SPCE traded between $5.89 and $7.15. ATM implied volatility averaged 88.7%, placing in the 7.0% IV rank vs the trailing year. The 30-day expected move averaged 26.7%. IV traded above realized volatility by 15.3% (HV 20d: 73.4%). Max pain ranged from $6.00 to $6.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.36.

Notable Days

  • 2024-12-02: Highest Volume — 17,034 contracts
  • 2024-12-12: Largest IV spike — 32.3% change
  • 2024-12-02: Highest IV Rank — 11.4%
  • 2024-12-10: Largest Expected Move — 29.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.39$5.89$7.15$7.15$5.89
Max Pain$6.00$6.00$6.00$6.00$6.00
ATM IV88.7%67.0%107.1%107.1%82.9%
Expected Move26.7%25.1%29.4%27.4%26.0%
HV 20d73.4%53.5%111.6%109.2%56.3%
HV 60d81.6%80.0%83.6%82.3%82.1%
IV Rank7.0%1.6%11.4%11.4%5.5%
IV Percentile10.2%0.4%40.5%40.5%2.0%
Term Structure2.4%-29.9%29.2%-11.1%19.3%
VWIV97.7%89.5%109.8%100.8%96.4%
Skew 25d-4.3%-37.0%35.0%3.7%-1.7%
Skew 10d-0.5%-50.5%46.0%-12.5%6.1%
Call IV 25d91.0%57.6%105.6%94.2%94.6%
Put IV 25d86.8%55.1%100.1%97.9%92.8%
Bid-Ask Spread %52.0541.8564.8244.1554.83
Gamma HHI0.220.130.460.130.21
Net GEX227.3K74.3K590.9K246.5K200.6K
Net DEX-6.8M-14.0M-1.5M-14.0M-1.5M
Net VEX-107.4K-121.6K-92.2K-121.6K-92.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.101.330.140.24
Total Volume7,537.0952,06617,03417,0345,335
Total OI131,619.762121,209143,325121,209136,081

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$7.15$6.00107.1%27.4%109.2%11.4%100.8%3.7%-11.1%246.5K-14.0M-121.6K0.1444.1514,9822,05270,38150,828
2024-12-03$6.68$6.0097.1%26.9%111.6%9.0%98.1%-31.4%0.5%207.0K-10.0M-118.6K1.1850.222,7013,18475,19952,089
2024-12-04$6.68$6.0084.4%27.1%109.7%5.9%94.1%-36.8%-10.8%180.6K-8.6M-117.5K0.2954.042,44570175,97953,599
2024-12-05$6.33$6.0082.8%26.6%110.1%5.5%97.7%30.6%15.1%116.8K-5.3M-113.2K1.3160.112,9373,84276,41554,045
2024-12-06$6.43$6.0083.1%26.9%102.3%5.6%97.1%11.2%10.7%170.2K-3.3M-113.2K1.3349.014,2645,68576,68557,570
2024-12-09$6.51$6.0085.8%26.4%101.8%6.2%99.1%-0.1%10.5%169.6K-7.4M-112.5K0.1844.327,0991,27871,09054,526
2024-12-10$6.51$6.0072.3%29.4%69.7%2.9%96.7%-37.0%11.0%198.9K-7.3M-112.7K0.1546.683,63454874,83954,976
2024-12-11$6.52$6.0067.0%27.3%67.6%1.6%99.5%-21.3%11.3%210.5K-7.2M-110.8K0.1750.462,63243873,96155,436
2024-12-12$6.42$6.0088.6%26.6%67.6%6.9%103.3%-4.5%5.8%215.2K-6.2M-108.4K0.2258.651,69737974,78455,534
2024-12-13$6.49$6.0087.4%26.3%59.2%6.6%94.0%0.9%10.5%590.9K-6.4M-107.9K0.2959.925,3861,56474,68355,681
2024-12-16$6.54$6.0094.6%27.3%57.3%8.4%104.0%-6.3%-12.1%141.5K-7.9M-107.4K0.1249.7312,0861,43569,99954,015
2024-12-17$6.58$6.0097.6%28.2%56.3%9.1%99.2%-9.4%-18.5%217.3K-10.1M-109.4K0.1241.855,99669076,45655,481
2024-12-18$6.06$6.0096.5%27.7%62.2%8.9%109.8%-6.1%29.2%122.9K-4.1M-104.4K0.1463.779,2861,25482,43955,783
2024-12-19$5.99$6.0096.8%27.5%61.9%8.9%99.1%-5.4%10.6%74.3K-1.8M-101.1K0.1664.825,85693986,04556,199
2024-12-20$6.11$6.0089.6%25.5%62.3%7.2%105.5%5.0%2.9%229.5K-5.0M-102.3K0.4553.134,7702,14386,77256,553
2024-12-23$6.09$6.0091.5%27.0%55.9%7.6%91.3%-0.8%14.0%246.1K-3.9M-97.7K0.1155.188,20987074,93350,317
2024-12-24$6.17$6.0073.4%25.1%53.5%3.2%89.5%35.0%-3.4%408.6K-6.5M-99.8K0.4458.651,43363380,10050,877
2024-12-26$6.56$6.0089.0%25.3%54.9%7.0%89.8%-13.8%-22.9%310.2K-12.6M-102.8K0.1047.8212,5981,30680,83851,282
2024-12-27$6.42$6.0090.2%25.3%55.3%7.3%94.3%1.1%7.8%280.6K-11.5M-105.3K0.2143.185,5891,14787,95252,100
2024-12-30$5.96$6.00105.7%25.9%56.5%11.1%92.9%-2.2%-29.9%236.3K-2.8M-95.8K0.2442.517,4851,77180,80450,689
2024-12-31$5.89$6.0082.9%26.0%56.3%5.5%96.4%-1.7%19.3%200.6K-1.5M-92.2K0.2454.834,3141,02184,13051,951