SPEU Options History — September 2023

In September 2023, SPEU traded between $35.61 and $37.77. ATM implied volatility averaged 14.0%, placing in the 3.8% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 1.2% (HV 20d: 12.8%). Max pain ranged from $35.00 to $38.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 1.00.

Notable Days

  • 2023-09-15: Highest Volume — 10 contracts
  • 2023-09-11: Largest IV spike — 63.9% change
  • 2023-09-11: Highest IV Rank — 11.7%
  • 2023-09-25: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.89$35.61$37.77$37.77$36.09
Max Pain$36.75$35.00$38.00$38.00$37.00
ATM IV14.0%11.3%20.2%11.9%13.9%
Expected Move3.8%3.3%4.5%3.4%4.0%
HV 20d12.8%10.9%13.7%12.9%12.0%
HV 60d14.3%13.3%15.2%15.1%13.3%
IV Rank3.8%0.3%11.7%1.1%3.6%
IV Percentile8.2%0.4%31.3%0.4%8.3%
Term Structure0.3%-0.6%0.9%0.3%0.2%
VWIV14.5%12.7%16.3%12.7%16.3%
Skew 25d3.3%1.1%5.1%1.1%2.8%
Skew 10d6.2%0.6%10.8%3.0%0.8%
Call IV 25d12.1%9.8%14.9%11.6%13.4%
Put IV 25d15.4%12.7%18.2%12.7%16.2%
Bid-Ask Spread %76.1164.6095.4369.1371.68
Gamma HHI0.390.290.710.510.35
Net GEX9.9K-4.5K63.7K63.7K-4.5K
Net DEX12.2K-81.5K39.1K-81.5K22.3K
Net VEX-129-378-78-378-91
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.002.002.000.00
Total Volume101000
Total OI1352224724326

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$37.77$38.0011.9%3.4%12.9%1.1%0.0%1.1%0.3%63.7K-81.5K-3780.0069.13N/AN/A0021627
2023-09-05$37.39$35.0013.5%3.9%12.8%3.1%0.0%3.1%0.3%32.8K-7.7K-2060.0064.60N/AN/A0021627
2023-09-06$37.22$35.0013.9%3.9%12.8%3.7%0.0%4.7%0.4%22.6K10.9K-1730.0066.32N/AN/A0021627
2023-09-07$37.09$35.0014.0%3.7%12.7%3.8%12.7%3.3%0.5%19.2K17.6K-1470.0066.55N/AN/A0421627
2023-09-08$37.12$37.0012.3%3.6%12.7%1.6%0.0%3.6%0.8%13.4K32.9K-1410.0090.62N/AN/A0021631
2023-09-11$37.50$37.0020.2%3.9%13.2%11.7%0.0%4.8%0.3%29.5K941-1570.0093.39N/AN/A0021631
2023-09-12$37.28$37.0019.4%3.8%13.3%10.7%0.0%4.3%0.5%16.9K24.9K-1250.0093.08N/AN/A0021631
2023-09-13$37.07$37.0012.9%3.7%12.5%2.4%0.0%2.9%0.6%8.6K39.1K-1020.0071.61N/AN/A0021631
2023-09-14$37.55$37.0011.3%3.3%13.4%0.3%0.0%4.5%0.9%22.3K16.9K-1020.0068.24N/AN/A0021631
2023-09-15$37.48$37.0013.1%3.8%12.9%2.6%0.0%3.5%0.1%2.4K24.9K-780.0076.97N/AN/A01021631
2023-09-18$37.03$37.0012.4%3.6%13.6%1.7%0.0%3.0%0.9%-2.4K8.3K-930.0070.18N/AN/A00517
2023-09-19$37.09$37.0012.5%3.6%13.5%1.8%0.0%2.7%0.5%-2.3K7.9K-922.0074.67N/AN/A12517
2023-09-20$37.19$37.0013.1%3.8%13.4%2.6%0.0%3.5%0.1%-1.9K5.4K-1020.0066.93N/AN/A00619
2023-09-21$36.69$37.0013.3%3.8%13.7%2.8%0.0%2.1%0.2%-2.7K12.4K-1040.0071.60N/AN/A00619
2023-09-22$36.56$37.0013.0%3.7%12.9%2.4%0.0%2.1%0.5%-3.0K14.2K-1020.0068.35N/AN/A00619
2023-09-25$36.28$37.0015.6%4.5%12.7%5.9%0.0%5.1%-0.6%-3.1K18.8K-990.0073.34N/AN/A10619
2023-09-26$35.84$37.0015.2%4.4%12.6%5.3%16.3%3.3%-0.3%-3.7K23.6K-920.0093.92N/AN/A02519
2023-09-27$35.61$37.0014.4%4.1%10.9%4.3%0.0%3.3%-0.3%-4.5K29.1K-940.0095.43N/AN/A00521
2023-09-28$35.98$37.0014.0%4.0%12.0%3.7%0.0%2.0%0.4%-4.5K23.6K-930.0075.68N/AN/A00521
2023-09-29$36.09$37.0013.9%4.0%12.0%3.6%0.0%2.8%0.2%-4.5K22.3K-910.0071.68N/AN/A00521