SPCE Options History — June 2025

In June 2025, SPCE traded between $2.75 and $3.49. ATM implied volatility averaged 105.6%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 27.6%. IV traded below realized volatility by 8.7% (HV 20d: 114.3%). Max pain ranged from $4.00 to $4.50. Net GEX was positive for 2 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.31.

Notable Days

  • 2025-06-09: Highest Volume — 53,320 contracts
  • 2025-06-05: Largest IV spike — 115.8% change
  • 2025-06-26: Highest IV Rank — 56.7%
  • 2025-06-13: Largest Expected Move — 31.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.08$2.75$3.49$3.10$2.75
Max Pain$4.08$4.00$4.50$4.50$4.00
ATM IV105.6%61.7%234.5%75.6%75.1%
Expected Move27.6%19.3%31.6%25.9%19.3%
HV 20d114.3%55.7%171.3%169.8%56.7%
HV 60d121.4%114.8%128.2%128.1%115.1%
IV Rank14.6%0.8%56.7%3.8%8.5%
IV Percentile40.6%0.4%99.6%4.4%4.4%
Term Structure5.0%-119.8%314.1%13.8%7.1%
VWIV99.9%88.4%108.6%92.6%100.4%
Skew 25d1.6%-116.1%219.1%-35.1%0.9%
Skew 10d46.6%-155.1%280.8%104.1%32.8%
Call IV 25d103.5%67.3%189.5%105.6%97.9%
Put IV 25d105.1%56.5%291.5%70.5%98.8%
Bid-Ask Spread %47.9625.7256.1346.9725.72
Gamma HHI0.240.090.430.260.18
Net GEX-38.4K-169.3K74.6K-81.4K-25.0K
Net DEX7.8M4.3M9.3M8.7M8.6M
Net VEX-102.1K-120.7K-88.7K-104.1K-88.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.031.450.440.28
Total Volume12,706.82,08953,3207,1178,939
Total OI225,104.2196,582248,270216,338204,126

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-06-02$3.10$4.5075.6%25.9%169.8%3.8%92.6%-35.1%13.8%-81.4K8.7M-104.1K0.4446.974,9262,191104,900111,438
2025-06-03$3.21$4.50124.8%27.9%170.1%15.8%101.3%-7.2%-104.3%-74.0K8.5M-110.7K0.0354.1924,952724108,582112,340
2025-06-04$3.31$4.50108.7%28.0%169.5%11.8%103.2%158.5%-46.5%17.2K7.0M-108.3K0.0452.4015,320585116,224112,548
2025-06-05$3.16$4.00234.5%28.2%170.6%42.6%97.7%-14.6%314.1%-23.3K9.2M-100.4K0.1953.338,9821,710117,729112,677
2025-06-06$3.21$4.0093.7%30.4%167.1%8.2%101.9%47.6%16.3%-44.3K8.1M-105.8K0.1451.4530,1714,145120,425113,553
2025-06-09$3.49$4.00119.3%29.1%169.5%14.5%108.6%111.3%12.1%-3.4K4.3M-114.1K0.0745.7149,7853,535110,458111,211
2025-06-10$3.41$4.00107.7%29.3%169.7%11.6%103.4%-32.6%-19.9%74.6K4.5M-120.7K0.1547.8419,8603,072130,078112,413
2025-06-11$3.20$4.0079.0%28.5%171.3%4.6%105.4%-21.8%1.7%-7.8K6.5M-108.8K0.3550.877,0362,497133,010114,518
2025-06-12$3.04$4.0083.0%29.2%164.3%5.6%102.7%-116.1%44.1%-92.3K9.3M-103.1K0.2649.486,3191,645133,189114,557
2025-06-13$2.99$4.00115.5%31.6%163.3%13.5%108.3%-28.7%-14.3%-169.3K9.1M-102.7K0.3241.657,6512,457133,644114,626
2025-06-16$3.05$4.0097.5%29.3%75.9%9.1%105.4%-36.5%-18.9%-56.9K8.2M-102.2K0.3056.134,2901,293119,324111,546
2025-06-17$2.96$4.0097.1%28.1%65.1%9.0%96.3%-49.6%-5.7%-60.7K9.3M-96.9K0.2951.073,207944121,175112,394
2025-06-18$2.99$4.0096.7%27.7%60.5%8.9%105.8%-45.8%-18.0%-85.9K9.0M-98.5K0.1849.633,225570122,002112,791
2025-06-20$3.00$4.00105.0%28.0%58.0%10.9%102.9%-12.5%31.8%-1.9K6.8M-101.3K0.5650.884,5922,561122,317112,923
2025-06-23$2.94$4.0084.3%28.4%58.1%13.8%96.8%219.1%-9.3%-14.8K7.5M-92.0K1.4543.693,9835,788103,46393,119
2025-06-24$2.96$4.0093.0%25.5%58.1%18.8%90.1%7.7%35.8%-34.2K7.6M-97.0K0.2849.301,635454105,34098,515
2025-06-25$2.91$4.00100.6%27.6%56.4%23.1%97.3%-8.6%-15.4%-30.3K8.0M-92.4K0.1047.573,619345106,50298,835
2025-06-26$2.95$4.00159.1%27.2%56.0%56.7%88.4%-4.0%-119.8%-20.7K8.1M-95.8K0.1543.736,253907109,20398,874
2025-06-27$2.90$4.0061.7%22.3%55.7%0.8%89.0%-100.5%-4.5%-33.0K7.7M-97.5K0.5647.642,5461,422112,45799,058
2025-06-30$2.75$4.0075.1%19.3%56.7%8.5%100.4%0.9%7.1%-25.0K8.6M-88.7K0.2825.727,0011,938106,26397,863