SPEU Options History — February 2021

In February 2021, SPEU traded between $37.65 and $39.47. ATM implied volatility averaged 17.9%, placing in the 6.6% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 1.2% (HV 20d: 16.7%). Max pain ranged from $31.00 to $37.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-02-25: Highest Volume — 13 contracts
  • 2021-02-10: Largest IV spike — 28.2% change
  • 2021-02-26: Highest IV Rank — 8.6%
  • 2021-02-26: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.66$37.65$39.47$37.65$38.27
Max Pain$31.95$31.00$37.00$37.00$31.00
ATM IV17.9%14.0%21.4%20.7%21.4%
Expected Move5.3%4.7%6.1%5.9%6.1%
HV 20d16.7%14.7%18.3%18.3%14.7%
HV 60d14.9%14.2%16.4%16.4%14.8%
IV Rank6.6%4.4%8.6%8.2%8.6%
IV Percentile26.5%12.9%55.5%44.5%55.5%
Term Structure1.2%-0.4%2.8%0.8%-0.4%
VWIV27.1%27.1%27.1%27.1%27.1%
Skew 25d7.7%6.8%10.2%10.2%6.8%
Skew 10d18.2%14.4%21.3%19.4%16.4%
Call IV 25d15.4%13.2%18.7%18.3%18.7%
Put IV 25d23.2%20.9%28.5%28.5%25.5%
Bid-Ask Spread %96.6985.87113.91113.9197.73
Gamma HHI0.480.270.820.290.27
Net GEX3.8K1.4K9.9K1.4K2.4K
Net DEX-45.5K-65.8K-28.6K-28.6K-65.8K
Net VEX-89-180-52-100-180
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.36801300
Total OI28.52622382835

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$37.65$37.0020.7%5.9%18.3%8.2%0.0%10.2%0.8%1.4K-28.6K-1000.00113.91N/AN/A001810
2021-02-02$38.01$37.0019.5%5.6%18.0%7.5%0.0%8.8%0.9%2.1K-34.0K-940.00113.82N/AN/A001810
2021-02-03$38.09$37.0018.4%5.3%17.6%6.9%0.0%7.3%2.2%2.3K-35.6K-890.00103.22N/AN/A001810
2021-02-04$38.09$31.0018.2%5.7%17.0%6.8%0.0%7.9%0.5%2.5K-36.9K-830.0086.15N/AN/A001810
2021-02-05$38.38$31.0017.3%5.4%17.2%6.3%0.0%7.1%1.8%3.1K-40.5K-800.0085.87N/AN/A001810
2021-02-08$38.44$31.0017.5%5.5%17.2%6.4%0.0%7.7%1.2%3.6K-41.8K-740.0087.94N/AN/A001810
2021-02-09$38.73$31.0014.0%4.8%16.9%4.4%0.0%7.2%2.3%4.3K-46.1K-700.0088.98N/AN/A001810
2021-02-10$38.56$31.0017.9%5.1%17.0%6.6%0.0%7.1%1.6%3.8K-43.5K-720.0090.28N/AN/A001810
2021-02-11$38.81$31.0017.6%5.1%17.1%6.5%0.0%7.8%1.7%4.6K-47.1K-660.0090.19N/AN/A001810
2021-02-12$38.98$31.0016.6%4.8%17.0%5.9%0.0%7.4%2.8%5.5K-50.2K-630.0093.80N/AN/A001810
2021-02-16$39.47$31.0017.9%5.1%16.4%6.6%0.0%6.8%2.1%4.2K-58.2K-520.0090.71N/AN/A001810
2021-02-17$39.08$31.0017.6%5.0%16.7%6.5%0.0%7.3%2.5%6.4K-52.9K-530.0093.98N/AN/A1001810
2021-02-18$38.92$31.0016.2%4.7%16.7%5.7%0.0%7.3%1.8%8.5K-56.1K-1090.0099.18N/AN/A002810
2021-02-19$39.01$31.0017.4%5.0%16.7%6.3%0.0%7.7%0.7%9.9K-57.7K-980.00101.10N/AN/A002810
2021-02-22$39.07$31.0018.1%5.2%16.6%6.7%0.0%8.0%0.3%2.0K-41.9K-960.00102.55N/AN/A10220
2021-02-23$39.05$31.0017.7%5.1%16.1%6.5%27.1%8.1%0.2%2.2K-43.3K-1040.00101.25N/AN/A02230
2021-02-24$39.29$31.0017.3%5.0%16.1%6.3%0.0%7.7%0.5%2.0K-44.7K-1070.00100.27N/AN/A00232
2021-02-25$38.61$31.0019.7%5.6%14.7%7.6%0.0%9.0%-0.4%1.9K-39.5K-1080.0096.24N/AN/A130232
2021-02-26$38.27$31.0021.4%6.1%14.7%8.6%0.0%6.8%-0.4%2.4K-65.8K-1800.0097.73N/AN/A00332