SPEU Options History — May 2021

In May 2021, SPEU traded between $40.91 and $43.08. ATM implied volatility averaged 15.3%, placing in the 5.1% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded below realized volatility by 1.8% (HV 20d: 17.1%). Max pain ranged from $36.00 to $40.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-05-04: Highest Volume — 51 contracts
  • 2021-05-04: Largest IV spike — 23.2% change
  • 2021-05-12: Highest IV Rank — 7.4%
  • 2021-05-12: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.22$40.91$43.08$41.69$43.08
Max Pain$36.60$36.00$40.00$40.00$36.00
ATM IV15.3%12.6%19.3%12.6%13.3%
Expected Move4.4%3.6%5.5%3.6%3.8%
HV 20d17.1%13.2%18.5%13.2%17.3%
HV 60d14.5%13.1%15.4%13.1%14.1%
IV Rank5.1%3.6%7.4%3.6%4.0%
IV Percentile25.2%10.1%52.3%10.1%13.8%
Term Structure0.4%-1.0%1.4%1.0%-0.3%
VWIV19.3%13.4%29.1%17.3%29.1%
Skew 25d6.5%2.3%8.7%5.9%5.3%
Skew 10d15.4%12.7%19.3%14.3%12.7%
Call IV 25d13.4%11.5%16.3%11.6%11.5%
Put IV 25d19.9%15.9%25.0%17.5%16.8%
Bid-Ask Spread %96.2887.13108.15106.83103.00
Gamma HHI0.270.140.530.530.35
Net GEX6.8K3.6K11.5K11.5K7.5K
Net DEX-33.5K-91.4K35.8K2.9K-91.4K
Net VEX-618-681-535-626-618
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume4.105110
Total OI109.5597121120110

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$41.69$40.0012.6%3.6%13.2%3.6%0.0%5.9%1.0%11.5K2.9K-6260.00106.83N/AN/A107248
2021-05-04$40.91$40.0015.5%4.5%14.5%5.3%0.0%5.9%0.6%6.4K35.8K-5420.00105.84N/AN/A5107348
2021-05-05$41.55$40.0013.5%3.9%15.4%4.1%0.0%6.2%0.9%3.6K20.4K-5350.00108.15N/AN/A004948
2021-05-06$41.81$36.0013.8%4.3%15.3%4.3%17.3%6.5%1.4%3.8K2.6K-5720.0090.38N/AN/A304948
2021-05-07$42.50$36.0014.6%4.5%16.1%4.8%13.4%6.1%1.0%4.4K-34.4K-6060.0090.10N/AN/A105248
2021-05-10$42.27$36.0015.3%4.5%16.2%5.2%0.0%6.0%1.0%4.5K-22.1K-5770.0090.22N/AN/A105148
2021-05-11$41.74$36.0018.1%4.7%16.9%6.7%21.0%7.1%0.6%4.6K3.7K-5430.0091.63N/AN/A1205248
2021-05-12$41.24$36.0019.3%5.5%17.5%7.4%21.3%7.6%-1.0%4.8K10.7K-5970.0087.13N/AN/A206348
2021-05-13$41.67$36.0016.9%4.8%17.7%6.0%0.0%7.2%0.7%6.6K-7.7K-6190.0090.07N/AN/A006548
2021-05-14$42.36$36.0015.8%4.5%18.1%5.4%16.9%6.5%1.1%8.1K-45.4K-6610.0093.40N/AN/A206548
2021-05-17$42.36$36.0016.8%4.8%18.1%6.0%0.0%2.3%0.2%8.6K-49.2K-6450.0096.27N/AN/A006748
2021-05-18$42.52$36.0015.9%4.5%17.1%5.5%0.0%7.6%0.4%8.4K-59.1K-6690.0091.55N/AN/A006748
2021-05-19$41.94$36.0019.2%5.5%17.8%7.4%24.8%8.7%-1.0%7.6K-29.5K-6380.0090.01N/AN/A016748
2021-05-20$42.60$36.0014.9%4.3%18.5%4.9%0.0%7.8%1.1%9.1K-63.1K-6670.0092.57N/AN/A026749
2021-05-21$42.65$36.0014.1%4.1%18.3%4.5%0.0%6.9%0.3%6.8K-61.7K-6810.0098.02N/AN/A006751
2021-05-24$42.92$36.0014.2%4.1%18.4%4.5%15.8%6.7%0.1%6.1K-70.2K-6460.0099.38N/AN/A306443
2021-05-25$42.89$36.0014.2%4.1%18.4%4.5%0.0%6.8%0.3%7.2K-72.5K-6490.0098.51N/AN/A006543
2021-05-26$42.83$36.0013.9%4.0%18.4%4.3%14.0%6.3%0.1%8.2K-68.4K-6400.00100.33N/AN/A106543
2021-05-27$42.93$36.0013.6%3.9%18.4%4.2%29.1%5.9%-0.4%7.4K-71.8K-6280.00102.15N/AN/A206543
2021-05-28$43.08$36.0013.3%3.8%17.3%4.0%0.0%5.3%-0.3%7.5K-91.4K-6180.00103.00N/AN/A006743