SPCE Options History — March 2026

In March 2026, SPCE traded between $2.16 and $2.65. ATM implied volatility averaged 111.0%, placing in the 22.2% IV rank vs the trailing year. The 30-day expected move averaged 29.2%. IV traded above realized volatility by 62.6% (HV 20d: 48.4%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.36.

Notable Days

  • 2026-03-31: Highest Volume — 60,066 contracts
  • 2026-03-09: Largest IV spike — 78.1% change
  • 2026-03-05: Highest IV Rank — 43.2%
  • 2026-03-26: Largest Expected Move — 42.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.48$2.16$2.65$2.60$2.42
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV111.0%71.6%157.8%131.5%100.7%
Expected Move29.2%6.2%42.8%28.4%28.9%
HV 20d48.4%35.8%67.0%63.2%67.0%
HV 60d60.8%53.1%74.7%74.7%59.5%
IV Rank22.2%4.5%43.2%31.4%17.6%
IV Percentile51.3%2.4%96.8%82.9%32.5%
Term Structure-5.6%-137.5%213.1%-31.2%-4.3%
VWIV105.6%82.6%125.5%105.4%103.2%
Skew 25d17.8%-59.7%138.9%15.4%-21.8%
Skew 10d62.6%-112.4%298.1%-112.4%-49.1%
Call IV 25d113.7%87.5%172.6%130.3%99.3%
Put IV 25d131.5%71.9%284.2%145.6%77.4%
Bid-Ask Spread %41.8830.0063.4949.4738.43
Gamma HHI0.160.090.280.150.17
Net GEX37.0K-7.4K79.4K74.2K75.4K
Net DEX-3.4M-5.2M-1.5M-3.6M-2.7M
Net VEX-101.4K-109.2K-89.1K-97.0K-95.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.081.100.190.08
Total Volume8,810.0912,07560,06631,44060,066
Total OI186,454.364176,423198,935176,423198,935

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$2.60$3.00131.5%28.4%63.2%31.4%105.4%15.4%-31.2%74.2K-3.6M-97.0K0.1949.4726,4375,003117,40259,021
2026-03-03$2.55$3.00138.7%25.7%61.1%34.6%96.6%19.3%-50.3%74.7K-5.2M-108.0K0.3163.493,171994128,87062,065
2026-03-04$2.62$3.00104.4%26.7%61.9%19.2%98.8%138.9%4.7%79.4K-4.8M-106.7K0.2155.912,320486129,08062,769
2026-03-05$2.55$3.00157.8%30.6%60.8%43.2%105.4%-27.5%-137.5%45.4K-4.5M-106.2K0.1836.842,713476130,00563,005
2026-03-06$2.51$3.0071.6%28.9%52.3%4.5%110.2%-35.4%123.7%22.3K-3.8M-103.7K0.5148.772,3601,204131,12263,308
2026-03-09$2.54$3.00127.5%30.2%43.5%29.6%102.6%0.8%-27.0%25.1K-4.1M-104.7K0.3835.562,285878115,44861,120
2026-03-10$2.51$3.0095.3%31.0%38.0%15.1%112.9%-59.7%14.9%19.3K-5.1M-109.2K0.3041.331,707517116,14961,659
2026-03-11$2.54$3.00128.9%30.7%38.3%30.2%106.4%-58.9%-20.5%18.1K-3.5M-102.7K0.4937.761,441704117,13962,107
2026-03-12$2.51$3.00129.0%28.1%37.2%30.3%103.4%14.1%-20.0%12.8K-2.6M-92.8K0.4339.791,752755118,25062,164
2026-03-13$2.46$3.0095.8%6.2%35.8%15.3%102.1%-28.3%22.5%4.3K-3.5M-103.8K1.1035.501,6011,756119,16962,579
2026-03-16$2.46$3.0096.3%26.9%35.8%15.6%100.5%6.7%-19.2%-7.4K-3.1M-99.9K0.5839.213,5292,062115,85661,584
2026-03-17$2.65$3.00105.4%29.3%44.6%19.7%104.2%14.4%-38.2%45.9K-3.1M-100.9K0.1430.0013,2811,926118,00962,135
2026-03-18$2.60$3.0097.6%22.3%45.2%16.1%82.6%29.2%-8.8%34.0K-3.7M-107.3K0.2751.312,835771124,04963,132
2026-03-19$2.51$3.00101.9%21.5%46.7%18.1%101.6%1.0%26.2%-4.7K-3.0M-102.7K0.3450.352,591887125,42363,545
2026-03-20$2.42$3.00108.5%25.3%47.7%21.1%114.3%0.6%-70.1%36.7K-2.4M-100.7K0.3233.727,4592,405125,34363,980
2026-03-23$2.45$3.00106.5%30.2%47.1%20.2%105.4%8.8%15.9%36.2K-3.1M-99.5K0.3452.815,5661,891122,56359,280
2026-03-24$2.41$3.00101.1%29.1%43.9%17.7%102.6%117.7%213.1%43.3K-2.5M-99.5K0.4534.332,7121,218126,12460,410
2026-03-25$2.51$3.00110.7%36.5%45.0%22.0%110.7%0.0%-8.1%57.2K-3.0M-103.4K0.1935.246,4771,229127,68561,519
2026-03-26$2.40$3.00104.1%42.8%47.4%19.1%108.1%111.6%-19.1%53.1K-3.3M-104.2K0.2142.481,710365131,93162,533
2026-03-27$2.25$3.00107.6%42.0%51.0%20.7%119.8%100.1%-84.2%40.9K-1.8M-94.6K0.3533.043,3051,160133,17062,844
2026-03-30$2.16$3.00121.8%40.6%51.2%27.0%125.5%45.0%-5.6%27.4K-1.5M-89.1K0.4235.988,3333,484127,11962,396
2026-03-31$2.42$3.00100.7%28.9%67.0%17.6%103.2%-21.8%-4.3%75.4K-2.7M-95.2K0.0838.4355,4474,619134,78364,152