SPEU Options History — January 2024

In January 2024, SPEU traded between $38.70 and $40.11. ATM implied volatility averaged 12.4%, placing in the 3.1% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded below realized volatility by 0.4% (HV 20d: 12.9%). Max pain ranged from $37.00 to $39.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-01-31: Highest Volume — 1 contracts
  • 2024-01-03: Largest IV spike — 12.3% change
  • 2024-01-17: Highest IV Rank — 4.5%
  • 2024-01-17: Largest Expected Move — 3.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.56$38.70$40.11$39.76$39.82
Max Pain$38.81$37.00$39.00$37.00$39.00
ATM IV12.4%10.7%13.6%12.1%13.3%
Expected Move3.6%3.3%3.9%3.5%3.8%
HV 20d12.9%12.0%13.8%12.0%12.3%
HV 60d13.5%12.6%14.1%14.1%12.6%
IV Rank3.1%0.9%4.5%2.6%4.2%
IV Percentile16.2%2.0%27.0%10.7%26.6%
Term Structure0.2%-0.9%1.2%0.7%-0.2%
Skew 25d2.7%0.6%4.2%3.9%0.6%
Skew 10d5.4%-0.2%9.5%2.9%-0.2%
Call IV 25d11.7%9.8%14.5%10.4%14.5%
Put IV 25d14.4%13.4%15.9%14.3%15.1%
Bid-Ask Spread %93.8388.16102.5698.6998.30
Gamma HHI0.290.240.320.260.32
Net GEX159-6961.6K776-397
Net DEX-14.3K-23.1K945-19.8K-15.6K
Net VEX-252-300-196-285-218
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0480101
Total OI134.857132137136132

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$39.76$37.0012.1%3.5%12.0%2.6%0.0%3.9%0.7%776-19.8K-2850.0098.69N/AN/A0015121
2024-01-03$39.49$37.0013.5%3.9%12.1%4.5%0.0%1.1%1.2%354-13.7K-3000.00100.78N/AN/A0015121
2024-01-04$39.73$39.0012.4%3.7%12.2%3.0%0.0%2.8%0.6%920-20.1K-2780.0088.16N/AN/A0015121
2024-01-05$39.64$39.0011.6%3.7%12.3%2.0%0.0%2.7%0.3%890-17.6K-2800.0089.13N/AN/A0015121
2024-01-08$40.06$39.0011.9%3.6%12.6%2.4%0.0%4.2%0.4%1.2K-23.1K-2560.0092.79N/AN/A0015121
2024-01-09$39.67$39.0010.7%3.5%13.2%0.9%0.0%2.7%0.4%1.0K-17.7K-2620.0088.41N/AN/A0015122
2024-01-10$39.80$39.0011.6%3.3%13.2%2.0%0.0%3.0%0.7%1.2K-20.5K-2580.0091.01N/AN/A0015122
2024-01-11$39.66$39.0012.0%3.4%13.3%2.5%0.0%2.7%0.3%777-17.7K-2610.0093.40N/AN/A0015122
2024-01-12$39.78$39.0011.8%3.4%12.6%2.2%0.0%2.5%0.6%1.6K-21.8K-2470.0094.27N/AN/A0015122
2024-01-16$39.01$39.0013.0%3.7%13.5%3.8%0.0%3.1%-0.1%-198-7.3K-2680.0090.74N/AN/A0015122
2024-01-17$38.70$39.0013.6%3.9%13.4%4.5%0.0%3.0%-0.4%-681945-2920.0091.85N/AN/A0015122
2024-01-18$39.02$39.0012.7%3.6%13.8%3.4%0.0%2.8%0.1%-654-5.7K-2660.0091.23N/AN/A0015122
2024-01-19$39.08$39.0012.2%3.5%13.3%2.8%0.0%3.1%0.2%-655-7.4K-2630.0093.00N/AN/A0015122
2024-01-22$39.16$39.0012.4%3.6%13.0%3.0%0.0%2.8%0.4%-696-5.9K-2560.0094.48N/AN/A0012120
2024-01-23$39.05$39.0012.6%3.6%12.3%3.3%0.0%2.6%0.0%-692-3.5K-2530.0093.70N/AN/A0012120
2024-01-24$39.48$39.0013.1%3.8%13.0%3.9%0.0%4.1%-0.5%-327-12.2K-2270.0090.30N/AN/A0012120
2024-01-25$39.58$39.0011.9%3.4%12.8%2.4%0.0%3.4%0.3%-393-11.9K-2280.0096.35N/AN/A0012120
2024-01-26$39.98$39.0012.5%3.6%13.3%3.2%0.0%1.8%-0.1%-255-18.5K-2040.0095.11N/AN/A0012120
2024-01-29$40.09$39.0013.1%3.7%13.2%3.9%0.0%1.9%-0.4%-186-20.4K-1970.0096.19N/AN/A0012120
2024-01-30$40.11$39.0013.5%3.9%13.2%4.4%0.0%2.0%-0.9%-201-20.9K-1960.00102.56N/AN/A0012120
2024-01-31$39.82$39.0013.3%3.8%12.3%4.2%0.0%0.6%-0.2%-397-15.6K-2180.0098.30N/AN/A1012120