SPEU Options History — September 2021

In September 2021, SPEU traded between $40.87 and $43.89. ATM implied volatility averaged 16.0%, placing in the 8.5% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 3.8% (HV 20d: 12.2%). Max pain ranged from $43.00 to $44.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 1.81.

Notable Days

  • 2021-09-23: Highest Volume — 22 contracts
  • 2021-09-28: Largest IV spike — 32.4% change
  • 2021-09-20: Highest IV Rank — 16.5%
  • 2021-09-20: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.57$40.87$43.89$43.72$40.87
Max Pain$43.10$43.00$44.00$44.00$43.00
ATM IV16.0%11.5%22.3%11.5%19.6%
Expected Move4.7%3.3%6.4%3.3%5.6%
HV 20d12.2%9.2%17.0%9.9%16.6%
HV 60d12.9%11.7%14.6%12.3%14.5%
IV Rank8.5%1.7%16.5%1.7%13.2%
IV Percentile46.7%7.1%83.7%7.1%76.6%
Term Structure0.5%-1.8%1.8%1.2%-1.0%
VWIV17.9%15.0%24.2%15.0%24.2%
Skew 25d7.1%4.9%10.2%5.4%9.3%
Skew 10d15.5%7.9%23.5%7.9%20.2%
Call IV 25d14.0%10.7%18.3%10.7%17.1%
Put IV 25d21.1%16.1%28.5%16.1%26.5%
Bid-Ask Spread %87.7674.17110.03110.0397.03
Gamma HHI0.440.280.870.310.30
Net GEX-5.5K-38.4K5.7K-4.5K2.9K
Net DEX10.0K-31.2K128.6K-9.1K2.6K
Net VEX-341-428-241-428-253
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.810.0010.000.000.00
Total Volume2.66702201
Total OI74.47639918961

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$43.72$44.0011.5%3.3%9.9%1.7%0.0%5.4%1.2%-4.5K-9.1K-4280.00110.03N/AN/A004346
2021-09-02$43.89$0.0011.5%3.7%9.8%1.7%0.0%5.9%1.7%-4.5K-22.7K-4280.0084.43N/AN/A004446
2021-09-03$43.80$0.0011.8%3.8%9.5%1.8%0.0%4.9%1.8%-4.7K-19.1K-4230.0081.90N/AN/A004446
2021-09-07$43.61$0.0012.1%3.8%9.7%2.5%0.0%5.9%1.7%-5.5K-5.4K-3990.0084.85N/AN/A004446
2021-09-08$43.20$0.0015.1%4.3%10.4%5.8%0.0%6.3%1.2%-9.5K25.3K-3820.0080.53N/AN/A004446
2021-09-09$43.08$0.0014.8%4.3%10.1%7.5%0.0%5.8%1.3%-11.2K35.4K-3710.0080.96N/AN/A004446
2021-09-10$42.93$0.0015.8%4.5%10.2%8.6%0.0%6.0%0.6%-13.0K47.3K-3630.0076.97N/AN/A104446
2021-09-13$43.10$0.0015.3%4.4%10.0%8.0%0.0%5.9%1.3%-15.5K32.5K-3390.0080.58N/AN/A004446
2021-09-14$43.05$0.0015.4%4.4%9.9%8.2%0.0%5.8%1.1%-19.4K39.1K-3220.0083.97N/AN/A504446
2021-09-15$43.02$0.0014.7%4.2%9.2%7.4%0.0%6.0%1.8%-26.5K43.7K-3090.0085.65N/AN/A004446
2021-09-16$43.03$0.0015.0%4.3%9.2%7.7%15.0%6.4%0.8%-38.4K43.5K-2870.0087.44N/AN/A034546
2021-09-17$42.41$0.0018.1%5.2%9.7%11.4%0.0%7.0%0.2%4.7K128.6K-2410.0079.52N/AN/A104546
2021-09-20$41.23$43.0022.3%6.4%13.7%16.5%0.0%10.2%-1.7%3.0K-16.8K-24510.0074.17N/AN/A110309
2021-09-21$41.80$43.0018.6%5.3%14.2%12.0%15.0%9.5%-0.2%3.5K-21.1K-2470.0091.16N/AN/A60309
2021-09-22$42.19$43.0017.7%5.1%14.7%11.0%17.5%8.4%-0.1%2.6K-8.9K-3793.0090.92N/AN/A133119
2021-09-23$42.67$43.0014.6%4.2%15.3%7.2%0.0%5.9%0.8%5.1K-28.4K-4201.4492.51N/AN/A9133719
2021-09-24$42.22$43.0016.9%4.9%15.6%10.0%0.0%8.0%0.1%3.4K-10.0K-4140.0091.98N/AN/A003722
2021-09-27$42.10$43.0015.7%4.5%15.0%8.5%24.2%7.6%0.3%5.7K-31.2K-3370.00100.89N/AN/A024415
2021-09-28$41.09$43.0020.8%6.0%17.0%14.7%0.0%9.4%-1.8%3.6K-11.2K-2980.0091.69N/AN/A004415
2021-09-29$40.97$43.0019.7%5.6%17.0%13.4%0.0%9.6%-1.2%3.0K-3.5K-2830.0095.88N/AN/A004417
2021-09-30$40.87$43.0019.6%5.6%16.6%13.2%0.0%9.3%-1.0%2.9K2.6K-2530.0097.03N/AN/A104417