SPEU Options History — November 2020

In November 2020, SPEU traded between $31.41 and $36.65. ATM implied volatility averaged 20.8%. The 30-day expected move averaged 5.9%. IV traded below realized volatility by 3.3% (HV 20d: 24.1%). Max pain ranged from $28.00 to $33.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.29.

Notable Days

  • 2020-11-11: Highest Volume — 7 contracts
  • 2020-11-30: Largest IV spike — 36.8% change
  • 2020-11-02: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.08$31.41$36.65$31.41$36.20
Max Pain$31.75$28.00$33.00$28.00$32.00
ATM IV20.8%14.0%33.4%33.4%21.2%
Expected Move5.9%4.0%9.6%9.6%6.1%
HV 20d24.1%17.7%26.7%19.9%18.3%
HV 60d20.9%19.0%21.5%19.0%20.4%
Term Structure0.0%-4.3%9.1%-4.3%-1.3%
VWIV26.8%19.0%36.1%36.1%19.0%
Skew 25d7.9%3.0%12.3%7.9%3.0%
Skew 10d11.4%3.9%21.2%21.2%12.5%
Call IV 25d16.9%12.0%28.2%27.5%23.0%
Put IV 25d24.9%21.0%35.4%35.4%26.0%
Bid-Ask Spread %124.2298.94154.14112.17124.97
Gamma HHI0.360.250.540.250.46
Net GEX2.1K8063.4K8061.6K
Net DEX-54.6K-79.0K-8.7K-8.7K-58.1K
Net VEX-91-126-61-98-97
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.001.001.000.00
Total Volume1.150720
Total OI35.8515463622

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$31.41$28.0033.4%9.6%19.9%0.0%36.1%7.9%-4.3%806-8.7K-980.00112.17N/AN/A021917
2020-11-03$32.45$33.0031.7%9.1%23.4%0.0%0.0%6.3%-4.3%1.5K-18.4K-761.0098.94N/AN/A22132
2020-11-04$32.91$30.0023.5%6.7%23.9%0.0%0.0%12.3%-1.3%2.8K-23.7K-990.00154.14N/AN/A301921
2020-11-05$33.58$32.0019.5%6.0%24.9%0.0%0.0%9.9%0.8%3.4K-33.3K-940.00142.73N/AN/A001921
2020-11-06$33.88$32.0024.2%6.1%24.8%0.0%25.3%7.7%0.0%3.3K-36.5K-880.00136.16N/AN/A101921
2020-11-09$34.84$32.0024.1%6.0%26.7%0.0%0.0%9.8%-2.2%2.8K-51.7K-740.00138.70N/AN/A002021
2020-11-10$35.32$32.0024.0%6.1%26.6%0.0%19.0%5.9%-2.0%2.5K-57.6K-611.00129.11N/AN/A222021
2020-11-11$35.45$32.0019.7%5.6%26.5%0.0%0.0%5.8%-1.0%2.7K-72.8K-880.00115.99N/AN/A702521
2020-11-12$35.03$32.0020.8%6.0%26.2%0.0%0.0%10.3%-0.8%2.4K-60.6K-1260.00111.28N/AN/A002421
2020-11-13$35.58$32.0018.7%5.4%26.6%0.0%0.0%4.4%1.3%1.8K-68.8K-990.00104.39N/AN/A002421
2020-11-16$35.86$32.0018.9%5.4%26.4%0.0%0.0%6.6%-0.4%2.0K-70.2K-910.00121.47N/AN/A002419
2020-11-17$35.89$32.0018.5%5.3%26.4%0.0%0.0%5.3%0.2%2.0K-71.3K-870.00114.14N/AN/A002419
2020-11-18$35.82$32.0019.1%5.5%26.0%0.0%0.0%4.9%-1.2%2.0K-71.3K-860.00123.81N/AN/A102419
2020-11-19$35.93$32.0017.4%5.0%25.9%0.0%0.0%10.2%0.8%2.3K-75.3K-850.00126.20N/AN/A102519
2020-11-20$35.95$32.0017.7%5.1%26.0%0.0%0.0%10.2%-0.1%2.0K-79.0K-920.00126.02N/AN/A002619
2020-11-23$35.98$32.0018.7%5.4%24.2%0.0%0.0%10.6%-0.6%2.2K-56.7K-1020.00126.17N/AN/A00202
2020-11-24$36.42$32.0015.8%4.5%23.5%0.0%0.0%8.0%4.6%1.7K-59.7K-930.00126.07N/AN/A00202
2020-11-25$36.53$32.0014.0%4.0%17.8%0.0%0.0%8.1%9.1%1.6K-57.7K-960.00126.06N/AN/A00202
2020-11-27$36.65$32.0015.5%4.4%17.7%0.0%0.0%11.6%3.2%1.6K-60.9K-880.00125.95N/AN/A00202
2020-11-30$36.20$32.0021.2%6.1%18.3%0.0%0.0%3.0%-1.3%1.6K-58.1K-970.00124.97N/AN/A00202