SPEU Options History — February 2024

In February 2024, SPEU traded between $39.16 and $40.98. ATM implied volatility averaged 12.0%, placing in the 2.5% IV rank vs the trailing year. The 30-day expected move averaged 3.4%. IV traded below realized volatility by 0.5% (HV 20d: 12.5%). Max pain ranged from $38.00 to $38.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-02-15: Highest Volume — 3 contracts
  • 2024-02-14: Largest IV drop — 14.2% change
  • 2024-02-13: Highest IV Rank — 4.0%
  • 2024-02-01: Largest Expected Move — 3.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.23$39.16$40.98$40.23$40.75
Max Pain$38.00$38.00$38.00$38.00$38.00
ATM IV12.0%10.9%13.2%13.0%11.0%
Expected Move3.4%3.1%3.8%3.8%3.2%
HV 20d12.5%11.9%13.0%12.5%12.2%
HV 60d12.3%11.3%12.8%12.6%12.0%
IV Rank2.5%1.1%4.0%3.8%1.3%
IV Percentile13.9%3.6%29.4%23.4%4.4%
Term Structure0.8%-0.4%1.9%0.5%-0.4%
VWIV13.7%13.7%13.7%13.7%13.7%
Skew 25d2.3%0.6%4.0%2.6%2.1%
Skew 10d4.3%0.6%9.1%5.4%3.0%
Call IV 25d11.3%10.2%12.4%11.6%10.7%
Put IV 25d13.6%12.4%14.9%14.2%12.8%
Bid-Ask Spread %94.7289.4899.2389.4899.23
Gamma HHI0.280.240.330.310.25
Net GEX342-1.1K1.2K-134900
Net DEX-28.9K-47.3K-6.0K-21.8K-45.3K
Net VEX-159-211-98-178-98
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.20300
Total OI132.55132135132133

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$40.23$38.0013.0%3.8%12.5%3.8%0.0%2.6%0.5%-134-21.8K-1780.0089.48N/AN/A0012120
2024-02-02$39.84$38.0012.7%3.6%12.9%3.4%0.0%3.3%0.8%-207-17.0K-1960.0091.03N/AN/A0012120
2024-02-05$39.65$38.0012.6%3.6%13.0%3.3%13.7%2.2%0.7%-343-14.3K-2110.0089.76N/AN/A1012120
2024-02-06$39.86$38.0012.6%3.5%12.6%3.3%0.0%3.3%1.1%-194-18.1K-1910.0091.84N/AN/A0012120
2024-02-07$39.83$38.0011.9%3.4%12.1%2.4%0.0%2.3%1.5%-61-19.3K-1870.0093.31N/AN/A0012120
2024-02-08$39.81$38.0011.9%3.4%12.0%2.4%0.0%1.8%1.6%-162-17.9K-1850.0093.61N/AN/A0012120
2024-02-09$39.89$38.0011.5%3.3%12.0%1.9%0.0%2.3%1.9%113-20.3K-1790.0092.95N/AN/A0012120
2024-02-12$39.94$38.0012.0%3.5%11.9%2.6%0.0%1.4%1.6%293-21.8K-1610.0093.57N/AN/A0012120
2024-02-13$39.16$38.0013.2%3.8%12.0%4.0%0.0%3.5%0.7%-1.1K-6.0K-2000.0093.15N/AN/A0012120
2024-02-14$39.75$38.0011.3%3.2%12.6%1.7%0.0%2.1%1.8%438-19.6K-1730.0096.96N/AN/A0012120
2024-02-15$40.19$38.0011.8%3.4%12.9%2.3%0.0%2.8%0.9%710-25.8K-1510.0095.71N/AN/A3012120
2024-02-16$40.27$38.0012.1%3.5%12.9%2.6%0.0%3.0%0.7%1.2K-32.8K-1820.0094.73N/AN/A0015120
2024-02-20$40.45$38.0012.6%3.6%12.9%3.2%0.0%3.5%0.3%1.0K-36.5K-1630.0097.02N/AN/A0015118
2024-02-21$40.49$38.0012.9%3.7%12.8%3.7%0.0%4.0%0.0%989-35.0K-1640.0095.56N/AN/A0015118
2024-02-22$40.89$38.0011.4%3.3%12.7%1.8%0.0%1.2%0.6%529-41.3K-1410.0096.07N/AN/A0015118
2024-02-23$40.93$38.0011.0%3.2%12.7%1.3%0.0%0.8%0.8%741-46.3K-1100.0097.37N/AN/A0015118
2024-02-26$40.92$38.0010.9%3.1%12.3%1.1%0.0%0.6%0.8%679-46.6K-1070.0096.66N/AN/A0015118
2024-02-27$40.98$38.0011.2%3.2%12.3%1.5%0.0%1.2%0.5%637-47.3K-980.0097.53N/AN/A0015118
2024-02-28$40.77$38.0011.5%3.3%12.5%1.8%0.0%2.5%-0.2%875-45.3K-1080.0098.94N/AN/A0015118
2024-02-29$40.75$38.0011.0%3.2%12.2%1.3%0.0%2.1%-0.4%900-45.3K-980.0099.23N/AN/A0015118