SPEU Options History — July 2021

In July 2021, SPEU traded between $40.68 and $42.91. ATM implied volatility averaged 14.0%, placing in the 3.1% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 0.2% (HV 20d: 13.8%). Max pain ranged from $34.00 to $42.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.20.

Notable Days

2021-07-19: Highest Volume — 42 contracts
2021-07-19: Largest IV spike — 68.2% change
2021-07-19: Highest IV Rank — 5.2%
2021-07-19: Largest Expected Move — 5.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$42.11	$40.68	$42.91	$42.07	$42.69
Max Pain	$38.14	$34.00	$42.00	$42.00	$40.00
ATM IV	14.0%	10.5%	17.6%	13.5%	13.3%
Expected Move	4.0%	3.0%	5.1%	3.9%	3.8%
HV 20d	13.8%	10.3%	16.3%	10.8%	15.9%
HV 60d	14.2%	13.5%	15.2%	13.6%	13.7%
IV Rank	3.1%	1.1%	5.2%	2.8%	2.7%
IV Percentile	18.7%	1.6%	45.2%	13.5%	11.9%
Term Structure	1.2%	-0.2%	7.7%	0.7%	1.5%
VWIV	15.5%	14.0%	17.5%	15.7%	14.0%
Skew 25d	6.3%	2.6%	9.1%	2.6%	9.1%
Skew 10d	12.6%	1.7%	17.7%	1.7%	15.0%
Call IV 25d	11.7%	8.8%	14.8%	13.4%	10.2%
Put IV 25d	18.0%	14.9%	23.0%	16.0%	19.4%
Bid-Ask Spread %	101.71	94.19	114.30	112.44	101.33
Gamma HHI	0.57	0.27	0.87	0.76	0.46
Net GEX	-28.7K	-145.7K	19.5K	-53.0K	19.5K
Net DEX	94.2K	-147.0K	414.2K	224.5K	-147.0K
Net VEX	-707	-889	-450	-889	-774
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.20	0.00	2.00	0.00	0.00
Total Volume	4.905	0	42	0	0
Total OI	151.19	84	178	173	150

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-07-01	$42.07	$42.00	13.5%	3.9%	10.8%	2.8%	0.0%	2.6%	0.7%	-53.0K	224.5K	-889	0.00	112.44	N/A	N/A	0	0	44	129
2021-07-02	$42.25	$42.00	12.1%	3.5%	10.4%	2.0%	0.0%	6.1%	0.9%	-57.8K	195.4K	-871	0.00	114.30	N/A	N/A	15	0	44	129
2021-07-06	$42.05	$41.00	15.3%	4.0%	10.3%	3.8%	15.7%	6.0%	0.8%	-58.2K	231.0K	-802	0.00	94.19	N/A	N/A	1	0	44	129
2021-07-07	$42.27	$41.00	13.0%	3.9%	10.6%	2.6%	0.0%	5.5%	0.9%	-65.7K	185.9K	-791	0.00	102.19	N/A	N/A	0	0	45	129
2021-07-08	$41.70	$41.00	14.6%	4.3%	11.4%	3.5%	0.0%	6.4%	0.9%	-61.3K	290.6K	-761	0.00	97.97	N/A	N/A	0	0	45	129
2021-07-09	$42.37	$41.00	14.0%	4.1%	13.0%	3.1%	0.0%	5.7%	1.0%	-65.2K	159.6K	-770	0.00	95.64	N/A	N/A	0	0	45	129
2021-07-12	$42.59	$41.00	13.5%	3.5%	13.2%	2.8%	16.4%	5.0%	1.5%	-48.7K	134.2K	-720	0.00	99.04	N/A	N/A	2	0	45	129
2021-07-13	$42.32	$34.00	16.8%	4.0%	13.3%	4.7%	0.0%	4.7%	0.9%	-89.3K	155.1K	-689	0.00	96.36	N/A	N/A	0	0	47	129
2021-07-14	$42.41	$34.00	13.2%	3.8%	13.3%	2.6%	0.0%	4.4%	1.2%	-68.6K	144.0K	-652	0.00	99.04	N/A	N/A	0	0	47	129
2021-07-15	$41.93	$34.00	14.2%	4.1%	13.6%	3.2%	16.5%	6.7%	0.5%	-145.7K	241.4K	-606	0.00	97.90	N/A	N/A	2	0	47	129
2021-07-16	$41.62	$34.00	10.5%	3.0%	13.4%	1.1%	0.0%	8.3%	7.7%	-4.2K	414.2K	-516	0.00	98.38	N/A	N/A	0	0	49	129
2021-07-19	$40.68	$34.00	17.6%	5.1%	14.2%	5.2%	14.7%	8.2%	0.4%	-904	93.3K	-450	0.00	103.70	N/A	N/A	42	0	39	45
2021-07-20	$41.10	$34.00	17.2%	4.9%	14.9%	5.0%	14.5%	8.5%	-0.2%	12.1K	47.5K	-589	0.00	97.60	N/A	N/A	1	0	79	45
2021-07-21	$41.82	$34.00	14.5%	4.2%	16.3%	3.4%	0.0%	7.2%	0.5%	12.4K	-9.2K	-703	0.00	100.56	N/A	N/A	1	0	80	45
2021-07-22	$41.94	$34.00	14.5%	4.2%	16.0%	3.4%	17.5%	6.3%	0.8%	12.0K	-20.1K	-700	2.00	98.50	N/A	N/A	1	2	81	45
2021-07-23	$42.31	$40.00	13.4%	3.9%	16.0%	2.8%	0.0%	6.5%	1.1%	12.5K	-53.6K	-736	0.00	105.03	N/A	N/A	0	0	82	47
2021-07-26	$42.43	$40.00	13.9%	4.0%	16.0%	3.1%	0.0%	6.5%	1.2%	13.5K	-66.3K	-714	0.00	105.50	N/A	N/A	0	0	82	47
2021-07-27	$42.30	$40.00	15.4%	4.4%	15.8%	3.9%	0.0%	8.3%	0.8%	12.9K	-55.5K	-708	0.00	102.23	N/A	N/A	0	0	82	47
2021-07-28	$42.61	$40.00	11.5%	3.3%	16.0%	1.7%	14.6%	6.6%	1.4%	11.3K	-78.8K	-705	0.00	105.07	N/A	N/A	21	0	82	47
2021-07-29	$42.91	$40.00	12.4%	3.6%	15.8%	2.2%	14.0%	4.6%	1.5%	9.9K	-108.0K	-699	0.00	108.92	N/A	N/A	15	0	82	47
2021-07-30	$42.69	$40.00	13.3%	3.8%	15.9%	2.7%	0.0%	9.1%	1.5%	19.5K	-147.0K	-774	0.00	101.33	N/A	N/A	0	0	103	47