SPEU Options History — October 2020

In October 2020, SPEU traded between $30.91 and $34.12. ATM implied volatility averaged 25.2%. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 7.4% (HV 20d: 17.8%). Max pain ranged from $32.00 to $33.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.82.

Notable Days

  • 2020-10-30: Highest Volume — 15 contracts
  • 2020-10-14: Largest IV spike — 27.2% change
  • 2020-10-28: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.98$30.91$34.12$32.82$30.91
Max Pain$32.83$32.00$33.00$33.00$32.00
ATM IV25.2%17.5%33.3%23.8%32.4%
Expected Move7.5%6.4%9.5%6.8%9.3%
HV 20d17.8%13.8%21.7%21.7%19.6%
HV 60d19.2%17.9%25.3%25.3%18.6%
Term Structure-5.0%-23.4%20.6%0.5%-4.2%
VWIV27.0%20.4%38.1%26.4%38.1%
Skew 25d8.5%6.2%13.2%6.2%13.2%
Skew 10d17.5%6.9%28.7%7.2%10.9%
Call IV 25d21.0%17.4%27.5%21.8%24.0%
Put IV 25d29.4%25.2%39.0%27.9%37.2%
Bid-Ask Spread %108.0698.50125.62125.58123.11
Gamma HHI0.500.300.690.640.30
Net GEX1.1K4812.2K481566
Net DEX-11.4K-23.2K-1.1K-5.8K-1.1K
Net VEX-46-94-21-23-86
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.002.500.202.50
Total Volume2.182015015
Total OI11.136426426

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$32.82$0.0023.8%6.8%21.7%0.0%0.0%6.2%0.5%481-5.8K-230.00125.58N/AN/A0040
2020-10-02$32.95$0.0023.7%6.8%19.9%0.0%0.0%6.9%0.9%484-5.9K-230.00125.62N/AN/A0040
2020-10-05$33.40$0.0024.6%7.2%20.4%0.0%0.0%8.5%-4.9%527-6.6K-230.0098.50N/AN/A0040
2020-10-06$33.12$0.0023.2%7.0%20.2%0.0%0.0%7.7%-2.4%497-6.3K-230.00101.41N/AN/A0040
2020-10-07$33.30$0.0022.7%7.0%18.5%0.0%0.0%7.5%-3.7%532-6.5K-230.00103.87N/AN/A0040
2020-10-08$33.56$0.0017.5%6.4%18.0%0.0%0.0%8.8%-0.8%567-6.8K-220.00105.03N/AN/A0040
2020-10-09$33.94$0.0017.8%6.4%18.3%0.0%0.0%9.4%0.3%578-7.5K-220.00105.03N/AN/A0040
2020-10-12$34.12$0.0019.8%6.5%18.3%0.0%0.0%8.6%-0.8%576-8.0K-220.00105.05N/AN/A0040
2020-10-13$33.72$0.0018.7%6.8%18.8%0.0%0.0%11.2%-1.6%597-7.7K-210.00104.17N/AN/A0040
2020-10-14$33.66$0.0023.8%6.8%18.7%0.0%26.4%7.3%-2.6%558-7.7K-210.20105.42N/AN/A5140
2020-10-15$33.14$33.0023.8%6.8%19.5%0.0%20.4%6.4%-11.6%1.3K-15.8K-460.00106.33N/AN/A1091
2020-10-16$33.39$33.0025.7%7.4%19.6%0.0%22.4%7.5%-12.3%1.5K-17.6K-490.00106.16N/AN/A40101
2020-10-19$33.20$33.0025.8%7.4%13.9%0.0%0.0%7.1%-11.9%2.2K-22.0K-630.00106.11N/AN/A00141
2020-10-20$33.48$33.0028.1%8.1%14.0%0.0%25.2%8.9%-11.5%2.2K-23.2K-621.00105.88N/AN/A22141
2020-10-21$33.17$33.0026.3%7.5%13.8%0.0%0.0%7.0%-11.6%2.0K-20.4K-690.00106.04N/AN/A00143
2020-10-22$33.13$33.0026.1%7.5%13.9%0.0%0.0%6.9%-11.7%2.0K-20.1K-690.00106.11N/AN/A00143
2020-10-23$33.34$33.0027.7%7.9%14.0%0.0%0.0%8.0%-13.6%2.0K-20.6K-680.00106.16N/AN/A00143
2020-10-26$32.62$33.0026.2%7.5%15.0%0.0%0.0%10.0%-23.4%2.1K-15.9K-620.00104.78N/AN/A00143
2020-10-27$32.23$33.0030.8%8.8%15.5%0.0%0.0%6.8%-0.2%1.8K-13.9K-600.00115.11N/AN/A00143
2020-10-28$31.12$33.0033.3%9.5%19.7%0.0%29.1%11.8%20.6%1.2K-7.2K-501.20104.67N/AN/A56143
2020-10-29$31.17$32.0033.1%9.5%19.6%0.0%27.5%10.4%-4.5%718-4.0K-942.50107.17N/AN/A25197
2020-10-30$30.91$32.0032.4%9.3%19.6%0.0%38.1%13.2%-4.2%566-1.1K-860.00123.11N/AN/A015197