SPEU Options History — May 2024

In May 2024, SPEU traded between $41.20 and $43.93. ATM implied volatility averaged 11.5%, placing in the 5.4% IV rank vs the trailing year. The 30-day expected move averaged 3.3%. IV traded above realized volatility by 0.5% (HV 20d: 11.0%). Max pain ranged from $39.00 to $40.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 3.50.

Notable Days

  • 2024-05-23: Highest Volume — 40 contracts
  • 2024-05-13: Largest IV spike — 24.6% change
  • 2024-05-02: Highest IV Rank — 11.5%
  • 2024-05-02: Largest Expected Move — 4.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.06$41.20$43.93$41.20$43.66
Max Pain$39.86$39.00$40.00$39.00$40.00
ATM IV11.5%9.7%14.5%13.7%10.6%
Expected Move3.3%2.8%4.2%3.9%3.0%
HV 20d11.0%9.1%13.2%12.7%10.4%
HV 60d11.3%10.8%12.0%11.8%11.4%
IV Rank5.4%1.8%11.5%10.0%3.6%
IV Percentile18.6%0.4%57.9%48.0%5.6%
Term Structure0.7%-1.4%1.5%-0.3%0.2%
Skew 25d2.8%1.6%3.7%2.8%3.6%
Skew 10d5.4%1.6%7.8%3.5%7.5%
Call IV 25d10.0%8.1%12.7%12.7%9.2%
Put IV 25d12.8%11.1%16.1%15.5%12.9%
Bid-Ask Spread %94.0488.05102.0393.8597.11
Gamma HHI0.210.180.270.190.19
Net GEX38.9K21.2K52.1K30.0K26.7K
Net DEX-277.5K-395.5K-161.0K-161.0K-261.0K
Net VEX-2.0K-2.1K-1.6K-1.6K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.500.007.000.007.00
Total Volume6.31804000
Total OI347.455307401307401

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$41.20$39.0013.7%3.9%12.7%10.0%0.0%2.8%-0.3%30.0K-161.0K-1.6K0.0093.85N/AN/A0024958
2024-05-02$41.40$39.0014.5%4.2%12.6%11.5%0.0%3.7%-1.4%32.7K-165.5K-1.6K0.0092.94N/AN/A0024958
2024-05-03$41.78$39.0011.6%3.3%13.1%5.5%0.0%3.6%0.4%36.7K-203.6K-1.7K0.0097.96N/AN/A03024958
2024-05-06$42.13$40.0013.0%3.4%13.2%8.5%0.0%2.8%1.3%34.6K-197.8K-1.8K0.0088.05N/AN/A0024988
2024-05-07$42.39$40.0012.1%3.5%13.2%6.7%0.0%2.1%1.0%37.7K-219.1K-1.8K0.0089.41N/AN/A0024988
2024-05-08$42.52$40.0010.0%3.2%12.6%2.4%0.0%2.5%1.0%38.2K-231.8K-1.9K0.0091.72N/AN/A0024988
2024-05-09$42.91$40.0010.7%3.2%12.9%3.9%0.0%3.2%1.3%42.7K-273.6K-1.9K0.0091.16N/AN/A0024988
2024-05-10$43.10$40.0011.2%3.3%10.8%4.7%0.0%3.7%1.5%42.9K-303.2K-2.0K0.0092.28N/AN/A0024988
2024-05-13$43.14$40.0013.9%3.4%10.6%10.3%0.0%2.0%1.0%43.8K-304.6K-2.0K0.0091.33N/AN/A0024988
2024-05-14$43.49$40.0013.6%3.5%10.1%9.8%0.0%2.2%0.6%47.1K-337.8K-2.0K0.0091.33N/AN/A0024988
2024-05-15$43.93$40.0010.8%3.1%10.4%3.9%0.0%2.4%1.1%51.7K-395.5K-2.1K0.0093.24N/AN/A0024988
2024-05-16$43.75$40.0010.5%3.0%10.6%3.4%0.0%2.2%1.0%49.6K-372.3K-2.0K0.0092.97N/AN/A0024988
2024-05-17$43.86$40.0010.0%2.9%10.5%2.4%0.0%1.6%1.2%52.0K-380.6K-2.0K0.0093.34N/AN/A1024988
2024-05-20$43.86$40.0010.4%3.0%10.0%3.1%0.0%2.2%1.3%51.4K-378.2K-2.0K0.0093.53N/AN/A0024886
2024-05-21$43.86$40.0010.1%2.9%9.1%2.6%0.0%2.4%1.1%52.1K-370.4K-2.0K0.0094.89N/AN/A02024886
2024-05-22$43.48$40.0011.3%3.2%9.5%5.1%0.0%3.7%0.7%43.6K-315.7K-2.0K0.0096.62N/AN/A00248106
2024-05-23$43.34$40.0011.1%3.2%9.6%4.7%0.0%2.8%0.5%40.2K-291.8K-1.8K0.0096.46N/AN/A040248106
2024-05-24$43.66$40.009.7%2.8%9.6%1.8%0.0%3.5%1.1%29.1K-261.6K-2.1K0.0095.90N/AN/A00248146
2024-05-28$43.59$40.0010.1%2.9%9.7%2.5%0.0%3.2%0.4%25.2K-260.4K-2.1K0.0096.65N/AN/A00248146
2024-05-29$42.98$40.0011.7%3.3%10.1%5.8%0.0%2.4%0.1%25.5K-194.3K-2.1K0.00102.03N/AN/A040248146
2024-05-30$43.34$40.0011.7%3.4%10.3%5.9%0.0%2.5%0.3%21.2K-225.7K-2.1K7.0096.04N/AN/A17248146
2024-05-31$43.66$40.0010.6%3.0%10.4%3.6%0.0%3.6%0.2%26.7K-261.0K-2.1K0.0097.11N/AN/A00248153