SPEU Options History — June 2023

In June 2023, SPEU traded between $37.59 and $39.51. ATM implied volatility averaged 30.4%, placing in the 20.9% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 15.5% (HV 20d: 14.9%). Max pain ranged from $37.00 to $38.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.25.

Notable Days

  • 2023-06-09: Highest Volume — 50 contracts
  • 2023-06-05: Largest IV spike — 181.9% change
  • 2023-06-05: Highest IV Rank — 58.2%
  • 2023-06-28: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.39$37.59$39.51$38.02$38.52
Max Pain$37.90$37.00$38.00$37.00$38.00
ATM IV30.4%15.7%57.9%20.6%18.1%
Expected Move7.7%3.7%11.8%5.9%5.2%
HV 20d14.9%12.9%17.8%13.2%16.5%
HV 60d14.1%12.6%15.9%15.7%13.8%
IV Rank20.9%1.0%58.2%7.6%4.3%
IV Percentile64.5%1.6%99.6%24.6%8.7%
Term Structure-1.7%-11.3%5.2%-5.7%-2.9%
VWIV11.3%10.6%12.0%10.6%12.0%
Skew 25d1.7%-16.0%27.2%3.5%1.3%
Skew 10d8.4%-12.0%33.4%2.1%2.0%
Call IV 25d19.4%15.4%24.5%19.3%18.2%
Put IV 25d21.2%6.4%48.2%22.8%19.5%
Bid-Ask Spread %126.23117.42129.04117.42125.30
Gamma HHI0.620.400.850.710.42
Net GEX82.0K22.7K161.3K106.8K27.8K
Net DEX-516.6K-1.0M-208.3K-476.6K-284.7K
Net VEX-1.5K-2.2K-1.1K-2.0K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.001.000.000.00
Total Volume2.85705000
Total OI352.619187484482189

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$38.02$37.0020.6%5.9%13.2%7.6%0.0%3.5%-5.7%106.8K-476.6K-2.0K0.00117.42N/AN/A0044042
2023-06-02$38.47$37.0020.5%5.9%14.0%7.6%0.0%1.1%-6.7%129.9K-625.4K-2.2K0.00119.08N/AN/A0044042
2023-06-05$38.23$0.0057.9%3.7%12.9%58.2%10.6%-0.5%2.8%60.8K-638.7K-2.1K0.00126.63N/AN/A0344042
2023-06-06$38.38$38.0023.9%3.9%13.0%12.1%0.0%2.4%2.5%114.5K-669.6K-2.1K0.00126.66N/AN/A0044043
2023-06-07$38.27$38.0024.0%3.7%12.9%12.2%0.0%8.7%3.8%126.7K-538.0K-1.9K0.00126.59N/AN/A0044043
2023-06-08$38.63$38.0023.8%8.4%13.4%11.9%0.0%5.0%-3.1%132.9K-743.8K-2.0K0.00127.85N/AN/A0044044
2023-06-09$38.45$38.0024.4%3.8%13.4%12.8%0.0%1.5%0.8%143.4K-654.3K-1.9K0.00128.81N/AN/A50044044
2023-06-12$38.58$38.0031.2%8.7%13.5%22.0%0.0%4.9%-3.0%134.5K-665.6K-1.7K0.00128.47N/AN/A1042044
2023-06-13$38.84$38.0033.6%8.8%13.4%25.2%0.0%-5.0%-1.1%127.8K-750.6K-1.6K0.00127.91N/AN/A0042144
2023-06-14$38.98$38.0030.6%8.8%13.1%21.2%12.0%-13.3%-2.9%142.2K-808.0K-1.5K1.00124.16N/AN/A1142144
2023-06-15$39.51$38.0028.9%8.3%14.0%18.9%0.0%27.2%-4.2%106.0K-1.0M-1.1K0.00126.48N/AN/A0042245
2023-06-16$39.50$38.0030.9%8.9%13.9%21.6%0.0%-16.0%-3.5%161.3K-1.0M-1.3K0.00127.22N/AN/A2042245
2023-06-20$38.27$38.0015.7%4.5%17.8%1.0%0.0%7.0%5.2%28.0K-285.3K-1.3K0.00126.14N/AN/A0017215
2023-06-21$38.23$38.0036.0%10.3%17.8%28.5%0.0%-4.1%1.2%25.9K-262.8K-1.3K0.00124.57N/AN/A0217215
2023-06-22$38.03$38.0036.8%10.6%17.4%29.6%0.0%-4.9%-1.1%25.5K-245.8K-1.3K0.00127.28N/AN/A0017217
2023-06-23$37.59$38.0037.2%10.7%16.9%30.1%0.0%5.3%-1.3%22.7K-208.3K-1.2K0.00128.31N/AN/A0017217
2023-06-26$37.69$38.0039.2%11.2%16.9%32.8%0.0%7.5%-10.0%26.4K-220.8K-1.2K0.00128.61N/AN/A0017217
2023-06-27$38.06$38.0022.8%6.5%16.9%10.6%0.0%7.4%2.2%26.0K-221.9K-1.1K0.00127.22N/AN/A0017217
2023-06-28$37.99$38.0041.3%11.8%16.5%35.7%0.0%3.8%3.4%27.3K-241.8K-1.2K0.00129.04N/AN/A0017217
2023-06-29$37.94$38.0040.9%11.7%16.1%35.1%0.0%-6.2%-11.3%25.3K-240.8K-1.2K0.00127.08N/AN/A0017217
2023-06-30$38.52$38.0018.1%5.2%16.5%4.3%0.0%1.3%-2.9%27.8K-284.7K-1.2K0.00125.30N/AN/A0017217