SPEU Options History — November 2023

In November 2023, SPEU traded between $35.20 and $38.45. ATM implied volatility averaged 12.5%, placing in the 2.3% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded below realized volatility by 3.1% (HV 20d: 15.6%). Max pain ranged from $34.00 to $38.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.13.

Notable Days

  • 2023-11-09: Highest Volume — 30 contracts
  • 2023-11-14: Largest IV drop — 17.5% change
  • 2023-11-01: Highest IV Rank — 6.0%
  • 2023-11-01: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.19$35.20$38.45$35.20$38.34
Max Pain$35.90$34.00$38.00$34.00$34.00
ATM IV12.5%10.4%15.8%15.8%12.1%
Expected Move3.6%3.0%4.5%4.5%3.5%
HV 20d15.6%14.3%17.9%15.0%14.5%
HV 60d14.8%13.7%15.6%13.7%14.9%
IV Rank2.3%0.0%6.0%6.0%2.2%
IV Percentile5.9%0.0%19.0%19.0%5.6%
Term Structure0.9%-0.2%2.2%-0.2%0.5%
VWIV8.2%8.2%8.2%8.2%8.2%
Skew 25d3.2%0.9%4.9%2.8%0.9%
Skew 10d4.8%-0.0%11.3%3.8%-0.0%
Call IV 25d11.0%8.5%15.1%15.1%11.7%
Put IV 25d14.2%11.3%18.0%18.0%12.5%
Bid-Ask Spread %96.1990.16100.9497.80100.94
Gamma HHI0.330.230.500.500.29
Net GEX-3.3K-6.2K-1.3K-5.9K-2.2K
Net DEX34.1K17.2K68.9K53.4K23.7K
Net VEX-411-643-330-439-351
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.130.000.250.250.00
Total Volume2.09503000
Total OI118.6679813198124

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$35.20$34.0015.8%4.5%15.0%6.0%0.0%2.8%-0.2%-5.9K53.4K-4390.0097.80N/AN/A00593
2023-11-02$35.97$38.0014.5%4.0%16.8%4.3%0.0%4.5%1.4%-4.5K39.9K-3660.2590.16N/AN/A41593
2023-11-03$36.30$38.0014.7%4.1%16.4%4.7%0.0%3.7%0.9%-3.5K32.9K-3810.0091.78N/AN/A04992
2023-11-06$36.17$38.0014.8%4.1%16.4%4.7%0.0%3.3%1.3%-3.6K33.6K-3730.0092.37N/AN/A00992
2023-11-07$36.07$38.0013.9%3.9%15.5%3.7%0.0%4.2%1.5%-3.8K35.3K-3570.0093.45N/AN/A00992
2023-11-08$36.17$38.0013.7%3.9%15.4%3.4%0.0%4.3%0.9%-3.6K33.2K-3410.0094.17N/AN/A00992
2023-11-09$36.16$38.0013.7%3.9%14.9%3.4%0.0%4.3%1.2%-3.5K30.6K-3300.0093.67N/AN/A030992
2023-11-10$36.34$38.0012.9%3.7%14.6%2.4%0.0%4.7%2.2%-6.2K68.9K-6430.0093.33N/AN/A009122
2023-11-13$36.43$38.0013.1%3.8%14.4%2.6%0.0%4.6%1.3%-6.1K65.0K-5910.0095.46N/AN/A009122
2023-11-14$37.56$38.0010.8%3.1%17.9%0.0%0.0%4.3%1.9%-3.5K38.9K-4660.0096.35N/AN/A009122
2023-11-15$37.52$38.0010.5%3.0%16.4%0.0%8.2%4.2%1.8%-3.6K38.7K-4670.0096.75N/AN/A019122
2023-11-16$37.40$34.0011.7%3.3%16.0%1.5%0.0%2.9%0.9%-3.4K37.3K-4730.0097.02N/AN/A009121
2023-11-17$37.91$34.0010.9%3.1%15.9%0.4%0.0%1.7%1.0%-2.3K26.3K-4100.0097.82N/AN/A009121
2023-11-20$38.16$34.0011.1%3.2%15.9%0.7%0.0%2.3%0.2%-1.9K22.8K-3930.0097.96N/AN/A008119
2023-11-21$37.97$34.0011.1%3.2%16.2%0.7%0.0%2.2%0.9%-1.9K24.9K-4110.0097.36N/AN/A009119
2023-11-22$37.97$34.0010.4%3.0%15.7%0.0%0.0%4.9%1.1%-1.8K23.7K-3960.0098.27N/AN/A009119
2023-11-24$38.36$34.0011.2%3.2%15.4%1.0%0.0%1.2%0.4%-1.3K17.2K-3810.0098.94N/AN/A409119
2023-11-27$38.30$34.0011.4%3.3%14.8%1.3%0.0%1.0%0.6%-2.4K24.1K-3640.00100.14N/AN/A005119
2023-11-28$38.25$34.0011.8%3.4%14.3%1.7%0.0%2.9%0.1%-2.4K24.6K-3620.0097.86N/AN/A005119
2023-11-29$38.45$34.0012.7%3.6%14.3%2.9%0.0%1.6%-0.2%-2.1K21.2K-3400.0098.38N/AN/A005119
2023-11-30$38.34$34.0012.1%3.5%14.5%2.2%0.0%0.9%0.5%-2.2K23.7K-3510.00100.94N/AN/A005119