SPEU Options History — May 2023

In May 2023, SPEU traded between $37.61 and $39.68. ATM implied volatility averaged 21.1%, placing in the 8.4% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 9.4% (HV 20d: 11.8%). Max pain ranged from $37.00 to $39.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-05-24: Highest Volume — 1 contracts
  • 2023-05-03: Largest IV spike — 173.2% change
  • 2023-05-03: Highest IV Rank — 46.6%
  • 2023-05-03: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.95$37.61$39.68$39.59$37.61
Max Pain$37.27$37.00$39.00$39.00$37.00
ATM IV21.1%15.6%49.4%18.9%26.1%
Expected Move6.2%4.5%14.2%5.4%7.5%
HV 20d11.8%10.6%12.6%10.6%12.5%
HV 60d16.1%15.6%16.4%16.2%16.1%
IV Rank8.4%0.8%46.6%5.4%15.1%
IV Percentile21.0%1.2%98.8%7.5%57.9%
Term Structure-0.5%-5.5%5.7%-3.0%-5.5%
VWIV16.6%16.6%16.6%16.6%16.6%
Skew 25d7.4%-5.0%72.5%3.7%1.5%
Skew 10d9.5%0.8%82.9%4.1%26.1%
Call IV 25d18.0%12.7%25.5%18.9%19.0%
Put IV 25d25.4%15.3%98.0%22.6%20.5%
Bid-Ask Spread %117.90113.83124.64123.98116.85
Gamma HHI0.760.670.800.740.67
Net GEX97.6K76.8K111.1K80.8K86.6K
Net DEX-827.4K-1.0M-381.9K-1.0M-381.9K
Net VEX-2.7K-3.1K-1.9K-3.1K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0910101
Total OI481.909480483482483

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$39.59$39.0018.9%5.4%10.6%5.4%0.0%3.7%-3.0%80.8K-1.0M-3.1K0.00123.98N/AN/A0044141
2023-05-02$39.16$39.0018.1%5.2%11.4%4.2%0.0%22.2%4.6%78.8K-852.0K-3.1K0.00124.33N/AN/A0044141
2023-05-03$39.28$39.0049.4%14.2%11.4%46.6%0.0%72.5%-1.8%85.5K-982.0K-3.1K0.00124.64N/AN/A0044141
2023-05-04$39.10$37.0020.5%6.7%11.4%7.5%0.0%10.9%-0.4%76.8K-885.9K-3.1K0.00114.81N/AN/A0044141
2023-05-05$39.67$37.0021.9%8.7%12.1%9.4%0.0%2.8%1.1%103.7K-989.8K-2.9K0.00115.08N/AN/A0044141
2023-05-08$39.68$37.0021.3%6.8%12.1%8.5%0.0%5.0%0.7%91.1K-1.0M-3.0K0.00117.45N/AN/A0044141
2023-05-09$39.39$37.0022.8%5.1%12.4%10.7%0.0%8.7%0.5%96.6K-966.1K-3.0K0.00115.39N/AN/A0044141
2023-05-10$39.34$37.0020.2%5.8%12.2%7.2%0.0%3.9%-1.0%100.2K-932.6K-2.9K0.00115.35N/AN/A0044141
2023-05-11$39.12$37.0017.1%4.9%11.4%2.9%0.0%5.1%0.9%101.4K-894.1K-2.9K0.00115.25N/AN/A0044141
2023-05-12$39.00$37.0025.3%7.2%11.4%14.0%0.0%11.3%-2.9%80.8K-793.5K-2.8K0.00118.90N/AN/A0044141
2023-05-15$39.30$37.0017.3%5.0%11.6%3.2%0.0%6.2%2.8%107.3K-940.4K-2.8K0.00116.31N/AN/A0044141
2023-05-16$38.97$37.0025.5%7.3%11.7%14.3%0.0%-5.0%-0.3%98.9K-802.6K-2.8K0.00120.30N/AN/A0044141
2023-05-17$39.06$37.0019.3%5.5%11.7%5.9%0.0%0.6%2.8%108.4K-851.9K-2.8K0.00116.68N/AN/A0044141
2023-05-18$38.98$37.0015.6%4.5%11.7%0.8%0.0%3.2%5.7%109.4K-862.7K-2.8K0.00118.25N/AN/A0044141
2023-05-19$39.23$37.0017.6%5.1%11.6%3.7%0.0%5.0%-2.6%110.1K-935.1K-2.7K0.00118.88N/AN/A0044141
2023-05-22$39.23$37.0017.1%4.9%11.5%3.0%0.0%0.3%-2.4%110.4K-913.4K-2.6K0.00119.60N/AN/A0044040
2023-05-23$38.73$37.0016.3%4.7%11.1%1.9%0.0%4.3%-1.4%111.1K-826.5K-2.6K0.00117.85N/AN/A0044040
2023-05-24$38.11$37.0018.6%5.3%12.4%5.0%0.0%-2.3%-3.1%103.1K-598.8K-2.4K0.00116.21N/AN/A1044040
2023-05-25$37.98$37.0017.9%5.1%11.5%4.1%0.0%4.8%-1.5%94.6K-570.8K-2.4K0.00116.61N/AN/A0044142
2023-05-26$38.38$37.0019.0%5.4%12.3%5.5%0.0%-0.5%-1.2%104.5K-641.8K-2.4K0.00117.18N/AN/A0044142
2023-05-30$38.00$37.0018.7%5.4%12.6%5.1%0.0%-1.0%-3.5%107.9K-536.2K-2.2K0.00113.83N/AN/A0044142
2023-05-31$37.61$37.0026.1%7.5%12.5%15.1%16.6%1.5%-5.5%86.6K-381.9K-1.9K0.00116.85N/AN/A1044142