SPEU Options History — August 2021

In August 2021, SPEU traded between $42.60 and $43.70. ATM implied volatility averaged 12.6%, placing in the 2.3% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded above realized volatility by 0.8% (HV 20d: 11.8%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.33.

Notable Days

  • 2021-08-17: Highest Volume — 21 contracts
  • 2021-08-31: Largest IV spike — 33.4% change
  • 2021-08-19: Highest IV Rank — 3.8%
  • 2021-08-19: Largest Expected Move — 4.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.21$42.60$43.70$42.83$43.42
Max Pain$44.09$40.00$45.00$40.00$44.00
ATM IV12.6%10.0%15.2%14.0%13.4%
Expected Move3.7%2.9%4.4%4.0%3.8%
HV 20d11.8%8.3%16.0%15.9%9.6%
HV 60d12.4%11.7%13.7%13.7%12.3%
IV Rank2.3%0.8%3.8%3.1%2.7%
IV Percentile13.1%1.2%35.3%20.2%18.7%
Term Structure2.3%0.7%7.4%0.9%1.1%
VWIV14.8%10.9%18.1%13.7%16.7%
Skew 25d5.7%3.6%9.6%9.6%4.7%
Skew 10d11.7%5.7%15.9%11.6%11.4%
Call IV 25d11.1%8.9%13.6%8.9%11.3%
Put IV 25d16.8%14.8%21.2%18.5%16.0%
Bid-Ask Spread %101.4791.91111.25106.39107.87
Gamma HHI0.430.240.640.540.37
Net GEX8.1K-8.6K28.0K23.8K-7.3K
Net DEX-133.9K-291.6K36.3K-182.9K8.3K
Net VEX-550-774-433-774-433
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.002.000.000.00
Total Volume1.54502101
Total OI128.8188615915889

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$42.83$40.0014.0%4.0%15.9%3.1%0.0%9.6%0.9%23.8K-182.9K-7740.00106.39N/AN/A0011147
2021-08-03$43.17$40.0013.3%3.8%16.0%2.7%0.0%4.6%1.2%20.4K-223.7K-7380.00105.58N/AN/A1011147
2021-08-04$43.18$40.0010.7%3.1%15.9%1.2%0.0%5.8%7.4%20.2K-223.5K-7220.00111.25N/AN/A0011147
2021-08-05$43.36$45.0012.2%4.1%15.0%2.1%0.0%6.1%2.1%18.7K-257.2K-6990.0094.39N/AN/A0011247
2021-08-06$43.08$45.0011.1%3.9%14.3%1.4%0.0%6.2%2.3%24.7K-232.8K-6720.0094.41N/AN/A0011247
2021-08-09$43.09$45.0011.3%3.8%14.2%1.5%0.0%5.7%2.6%25.4K-206.5K-6320.00100.63N/AN/A0010547
2021-08-10$43.12$45.0010.8%3.7%13.9%1.3%0.0%5.4%2.7%27.6K-215.5K-6040.0099.08N/AN/A0010547
2021-08-11$43.41$45.0013.1%3.8%14.1%2.6%0.0%4.9%2.7%15.3K-269.0K-5370.0098.05N/AN/A0010547
2021-08-12$43.42$45.0012.3%3.5%13.3%2.1%0.0%3.6%3.6%-2.1K-277.5K-5120.0099.72N/AN/A0010547
2021-08-13$43.70$45.0010.8%3.1%12.9%1.2%0.0%4.2%4.2%859-291.6K-5110.00102.03N/AN/A2010547
2021-08-16$43.53$45.0011.4%3.3%9.2%1.6%0.0%4.0%3.6%267-196.8K-4732.0097.19N/AN/A128547
2021-08-17$43.09$45.0013.5%3.9%10.0%2.8%13.7%6.7%2.5%11.7K-155.1K-4990.0098.16N/AN/A2108547
2021-08-18$43.12$45.0013.7%3.9%8.3%2.9%0.0%5.4%3.1%9.5K-160.0K-5060.0097.78N/AN/A008648
2021-08-19$42.60$45.0015.2%4.4%9.6%3.8%18.1%7.6%0.9%28.0K-81.2K-5060.0091.91N/AN/A018448
2021-08-20$42.78$45.0013.0%3.7%9.2%2.5%0.0%5.4%1.6%789-105.1K-4870.0096.71N/AN/A008448
2021-08-23$43.22$45.0013.2%3.8%9.8%2.6%10.9%5.4%1.6%-8.6K27.4K-4830.00101.98N/AN/A403947
2021-08-24$43.25$45.0013.7%3.9%9.7%2.9%16.7%5.6%1.8%-8.5K27.5K-4750.00105.48N/AN/A013947
2021-08-25$43.30$44.0013.0%3.7%9.4%2.5%0.0%5.7%1.2%-6.8K19.4K-4800.00104.52N/AN/A004347
2021-08-26$43.03$44.0013.9%4.0%9.5%3.1%0.0%6.2%1.1%-5.7K36.3K-4640.00101.96N/AN/A004347
2021-08-27$43.48$44.0013.4%3.9%9.9%2.8%0.0%6.4%0.7%-4.5K10.9K-4570.00107.51N/AN/A004347
2021-08-30$43.54$44.0010.0%2.9%9.9%0.8%0.0%5.7%2.1%-6.1K2.6K-4400.00109.80N/AN/A004346
2021-08-31$43.42$44.0013.4%3.8%9.6%2.7%0.0%4.7%1.1%-7.3K8.3K-4330.00107.87N/AN/A104346