SPEU Options History — April 2023

In April 2023, SPEU traded between $38.09 and $39.71. ATM implied volatility averaged 20.8%, placing in the 7.2% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 5.3% (HV 20d: 15.6%). Max pain ranged from $35.00 to $39.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.25.

Notable Days

  • 2023-04-03: Highest Volume — 2 contracts
  • 2023-04-27: Largest IV spike — 90.0% change
  • 2023-04-27: Highest IV Rank — 31.4%
  • 2023-04-27: Largest Expected Move — 10.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.02$38.09$39.71$38.25$39.58
Max Pain$38.37$35.00$39.00$35.00$39.00
ATM IV20.8%14.9%38.2%20.2%17.2%
Expected Move6.1%4.3%10.9%5.8%4.9%
HV 20d15.6%10.6%22.4%22.4%10.6%
HV 60d16.1%15.8%16.7%16.7%16.3%
IV Rank7.2%0.0%31.4%4.8%3.1%
IV Percentile19.4%0.0%95.2%10.7%2.4%
Term Structure-0.7%-8.2%4.2%0.8%-0.7%
VWIV17.1%17.1%17.1%17.1%17.1%
Skew 25d2.9%-15.3%10.3%4.6%2.8%
Skew 10d2.7%-6.3%18.4%-2.9%2.1%
Call IV 25d16.5%13.4%25.1%14.8%17.4%
Put IV 25d19.3%9.7%23.7%19.4%20.2%
Bid-Ask Spread %103.3989.19133.1895.72117.50
Gamma HHI0.740.690.770.700.75
Net GEX71.1K59.5K84.8K64.8K84.8K
Net DEX-882.7K-1.1M-676.9K-696.2K-993.7K
Net VEX-3.5K-3.7K-3.2K-3.6K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.001.001.000.00
Total Volume0.4210222
Total OI484.842480487484480

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$38.25$35.0020.2%5.8%22.4%4.8%0.0%4.6%0.8%64.8K-696.2K-3.6K1.0095.72N/AN/A1143648
2023-04-04$38.25$35.0033.3%9.5%21.1%23.0%0.0%-15.3%-8.2%59.5K-691.6K-3.6K0.00100.24N/AN/A1043748
2023-04-05$38.09$35.0020.4%5.8%21.2%5.1%0.0%0.4%0.4%63.0K-676.9K-3.6K0.0097.62N/AN/A0143848
2023-04-06$38.41$39.0020.5%6.4%21.0%5.2%0.0%3.5%-3.1%65.9K-753.6K-3.7K0.0089.19N/AN/A0043849
2023-04-10$38.39$39.0019.3%6.2%20.7%3.7%0.0%6.8%-1.8%68.5K-764.3K-3.6K0.0089.65N/AN/A0043849
2023-04-11$38.62$39.0015.3%5.7%20.6%0.0%0.0%3.0%-0.9%69.6K-811.4K-3.6K0.0090.98N/AN/A0043849
2023-04-12$38.89$39.0017.1%4.9%20.4%2.4%0.0%5.2%0.3%71.1K-869.9K-3.6K0.0091.46N/AN/A0043849
2023-04-13$39.42$39.0017.9%5.1%14.8%3.4%0.0%4.8%-0.8%72.1K-971.1K-3.6K0.00133.18N/AN/A0043849
2023-04-14$39.36$39.0018.9%5.4%14.4%4.9%0.0%7.6%0.1%67.6K-948.3K-3.5K0.00100.14N/AN/A0043849
2023-04-17$39.16$39.0021.1%6.1%13.4%7.9%0.0%1.3%0.3%73.9K-914.4K-3.5K0.0095.21N/AN/A0043849
2023-04-18$39.45$39.0017.6%5.1%13.2%3.1%0.0%10.3%4.2%74.5K-963.4K-3.4K0.00102.16N/AN/A0043849
2023-04-19$39.36$39.0019.8%5.7%11.8%6.0%0.0%6.2%-0.9%67.2K-939.9K-3.4K0.00105.80N/AN/A0043849
2023-04-20$39.25$39.0022.1%6.3%11.9%9.2%0.0%3.9%-2.8%75.9K-956.0K-3.4K0.00106.46N/AN/A0043849
2023-04-21$39.55$39.0014.9%4.3%11.4%0.0%0.0%1.8%1.6%71.4K-994.6K-3.4K0.00102.45N/AN/A2043849
2023-04-24$39.71$39.0015.2%4.3%10.6%0.3%0.0%4.5%2.4%73.2K-1.1M-3.3K0.00100.36N/AN/A0043941
2023-04-25$39.12$39.0026.6%7.6%12.2%15.8%0.0%-4.3%-3.5%75.2K-895.6K-3.3K0.00111.96N/AN/A0043941
2023-04-26$39.07$39.0020.1%5.8%12.2%7.0%0.0%7.0%0.2%72.1K-919.5K-3.3K0.00114.88N/AN/A0043941
2023-04-27$39.53$39.0038.2%10.9%11.6%31.4%0.0%0.7%-0.8%81.0K-960.5K-3.2K0.00119.52N/AN/A0043941
2023-04-28$39.58$39.0017.2%4.9%10.6%3.1%17.1%2.8%-0.7%84.8K-993.7K-3.2K0.00117.50N/AN/A2043941