SPEU Options History — September 2020

In September 2020, SPEU traded between $32.17 and $34.33. ATM implied volatility averaged 59.5%. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 40.0% (HV 20d: 19.5%). Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-09-08: Highest Volume — 1 contracts
  • 2020-09-30: Largest IV spike — 274.1% change
  • 2020-09-02: Largest Expected Move — 41.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.35$32.17$34.33$33.85$32.70
ATM IV59.5%21.2%182.1%99.7%91.5%
Expected Move14.0%6.1%41.3%28.6%26.2%
HV 20d19.5%15.0%22.4%17.1%22.4%
HV 60d25.6%24.4%26.5%24.4%26.5%
Term Structure-18.9%-123.2%22.4%-88.2%-41.5%
Skew 25d-0.4%-60.9%48.6%8.4%6.8%
Skew 10d1.0%-56.4%31.0%18.7%31.0%
Call IV 25d47.0%17.4%163.2%18.7%128.0%
Put IV 25d46.6%24.9%177.3%27.1%134.9%
Bid-Ask Spread %120.12107.18170.82111.48147.16
Gamma HHI0.890.621.001.000.65
Net GEX29904690444
Net DEX-6.0K-8.2K00-5.8K
Net VEX-20-2700-24
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0950100
Total OI3.190404

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$33.85$0.0099.7%28.6%17.1%0.0%0.0%8.4%-88.2%0000.00111.48N/AN/A0000
2020-09-02$34.33$0.00144.1%41.3%15.0%0.0%0.0%7.5%-123.2%290-6.5K-210.00114.89N/AN/A0030
2020-09-03$33.46$0.00182.1%15.9%16.7%0.0%0.0%5.7%-23.6%265-6.5K-200.00147.96N/AN/A0030
2020-09-04$33.66$0.00149.8%15.7%16.8%0.0%0.0%48.6%-34.7%267-6.5K-200.00148.87N/AN/A0030
2020-09-08$33.28$0.00120.5%34.5%16.9%0.0%0.0%14.1%-50.1%270-6.4K-190.00170.82N/AN/A1030
2020-09-09$34.05$0.0058.3%16.7%18.8%0.0%0.0%11.9%-36.9%403-8.2K-270.00140.86N/AN/A0040
2020-09-10$33.56$0.0021.4%6.1%19.3%0.0%0.0%7.0%4.1%291-6.4K-190.00107.32N/AN/A0030
2020-09-11$33.81$0.0021.2%6.1%19.5%0.0%0.0%6.3%3.3%283-6.5K-200.00107.18N/AN/A0030
2020-09-14$33.92$0.0022.0%6.3%19.3%0.0%0.0%5.7%2.5%272-6.5K-190.00107.18N/AN/A0030
2020-09-15$34.07$0.0021.8%6.3%18.2%0.0%0.0%5.2%2.9%303-6.2K-200.00107.18N/AN/A0030
2020-09-16$34.12$0.0022.0%6.3%18.2%0.0%0.0%4.9%3.3%290-6.5K-190.00107.18N/AN/A0030
2020-09-17$34.16$0.0022.2%6.4%17.7%0.0%0.0%4.6%22.0%277-6.5K-190.00107.18N/AN/A0030
2020-09-18$33.94$0.0023.4%6.7%17.6%0.0%0.0%6.4%22.4%275-6.5K-190.00107.18N/AN/A0030
2020-09-21$32.66$0.0027.3%7.8%22.2%0.0%0.0%10.2%-2.6%272-6.4K-180.00107.18N/AN/A0030
2020-09-22$32.55$0.0028.0%8.0%22.2%0.0%0.0%8.0%-5.9%343-4.6K-190.00107.18N/AN/A1030
2020-09-23$32.19$0.0036.0%10.3%22.4%0.0%0.0%-27.3%2.8%204-6.3K-250.00116.86N/AN/A0040
2020-09-24$32.17$0.0038.6%11.1%22.3%0.0%0.0%-34.7%-5.8%382-5.2K-240.00116.86N/AN/A0040
2020-09-25$32.21$0.0036.5%10.5%21.3%0.0%0.0%-53.2%12.4%207-6.3K-250.00116.86N/AN/A0040
2020-09-28$32.78$0.0057.4%16.5%22.4%0.0%0.0%-60.9%-59.5%468-5.7K-240.00116.86N/AN/A0040
2020-09-29$32.84$0.0024.5%7.0%22.4%0.0%0.0%6.7%0.3%469-5.8K-230.00108.31N/AN/A0040
2020-09-30$32.70$0.0091.5%26.2%22.4%0.0%0.0%6.8%-41.5%444-5.8K-240.00147.16N/AN/A0040