SPEU Options History — December 2024

In December 2024, SPEU traded between $39.84 and $42.07. ATM implied volatility averaged 16.1%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded below realized volatility by 0.2% (HV 20d: 16.3%). Max pain ranged from $40.00 to $41.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.00.

Notable Days

2024-12-20: Highest Volume — 10 contracts
2024-12-03: Largest IV spike — 82.4% change
2024-12-03: Highest IV Rank — 74.4%
2024-12-03: Largest Expected Move — 7.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$40.81	$39.84	$42.07	$41.17	$39.84
Max Pain	$40.95	$40.00	$41.00	$40.00	$41.00
ATM IV	16.1%	13.2%	26.1%	14.3%	17.0%
Expected Move	4.4%	3.4%	7.5%	4.1%	4.9%
HV 20d	16.3%	12.7%	18.8%	16.0%	17.0%
HV 60d	14.6%	13.6%	15.6%	13.7%	14.6%
IV Rank	31.4%	18.6%	74.4%	23.6%	35.3%
IV Percentile	80.3%	55.2%	99.2%	73.8%	94.8%
Term Structure	-0.7%	-9.5%	4.1%	-0.2%	-3.4%
VWIV	16.1%	16.1%	16.1%	16.1%	16.1%
Skew 25d	0.7%	-1.1%	2.9%	2.5%	-0.1%
Skew 10d	1.4%	-1.3%	4.1%	4.1%	1.1%
Call IV 25d	16.0%	12.3%	29.3%	16.5%	18.3%
Put IV 25d	16.8%	13.5%	30.1%	19.0%	18.2%
Bid-Ask Spread %	137.56	128.37	150.11	128.37	134.50
Gamma HHI	0.53	0.35	0.74	0.37	0.74
Net GEX	-3.2K	-4.7K	-1.2K	-3.7K	-1.4K
Net DEX	10.4K	434	23.9K	9.5K	12.0K
Net VEX	-68	-104	-54	-87	-54
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.00	1.00	1.00	1.00	1.00
Total Volume	0.524	0	10	1	0
Total OI	41.524	8	55	54	8

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-12-02	$41.17	$40.00	14.3%	4.1%	16.0%	23.6%	16.1%	2.5%	-0.2%	-3.7K	9.5K	-87	0.00	128.37	N/A	N/A	0	1	6	48
2024-12-03	$41.13	$41.00	26.1%	7.5%	15.9%	74.4%	0.0%	0.8%	-9.5%	-3.6K	11.3K	-104	0.00	150.11	N/A	N/A	0	0	6	49
2024-12-04	$41.42	$41.00	18.3%	5.2%	16.0%	40.6%	0.0%	1.3%	-6.1%	-4.0K	6.4K	-84	0.00	134.89	N/A	N/A	0	0	6	49
2024-12-05	$41.84	$41.00	15.1%	3.4%	14.4%	26.8%	0.0%	1.1%	2.1%	-3.9K	1.7K	-75	0.00	141.91	N/A	N/A	0	0	6	49
2024-12-06	$41.98	$41.00	14.2%	3.4%	13.7%	23.2%	0.0%	2.1%	1.9%	-3.8K	477	-68	0.00	141.16	N/A	N/A	0	0	6	49
2024-12-09	$41.30	$41.00	23.3%	4.5%	14.2%	62.2%	0.0%	-0.1%	-1.8%	-3.6K	9.2K	-76	0.00	135.21	N/A	N/A	0	0	6	49
2024-12-10	$41.52	$41.00	17.0%	4.1%	14.3%	35.3%	0.0%	0.9%	1.6%	-3.9K	6.3K	-72	0.00	134.63	N/A	N/A	0	0	6	49
2024-12-11	$42.07	$41.00	13.2%	3.8%	12.7%	18.6%	0.0%	2.9%	3.9%	-3.9K	434	-72	0.00	142.79	N/A	N/A	0	0	6	49
2024-12-12	$40.90	$41.00	13.2%	3.8%	16.5%	18.6%	0.0%	-0.5%	-3.4%	-4.1K	10.0K	-69	0.00	139.77	N/A	N/A	0	0	6	49
2024-12-13	$41.34	$41.00	14.1%	4.1%	16.8%	22.8%	0.0%	-0.7%	-0.8%	-4.0K	7.5K	-71	0.00	137.11	N/A	N/A	0	0	6	49
2024-12-16	$41.25	$41.00	15.2%	4.4%	16.7%	27.5%	0.0%	-1.1%	-1.2%	-3.8K	8.7K	-64	0.00	136.56	N/A	N/A	0	0	6	49
2024-12-17	$41.08	$41.00	13.7%	3.9%	16.6%	20.8%	0.0%	1.5%	0.6%	-3.9K	10.5K	-64	0.00	142.75	N/A	N/A	0	0	6	49
2024-12-18	$40.09	$41.00	15.8%	4.5%	18.8%	29.9%	0.0%	-0.7%	-1.0%	-4.4K	20.7K	-66	0.00	132.43	N/A	N/A	0	0	6	49
2024-12-19	$40.05	$41.00	14.9%	4.3%	18.6%	26.1%	0.0%	0.1%	0.7%	-4.4K	22.5K	-64	0.00	138.40	N/A	N/A	0	0	6	49
2024-12-20	$39.96	$41.00	15.9%	4.6%	17.7%	30.5%	0.0%	0.8%	4.1%	-4.7K	23.9K	-60	1.00	132.73	N/A	N/A	5	5	6	49
2024-12-23	$39.90	$41.00	16.1%	4.6%	17.6%	31.4%	0.0%	0.5%	0.8%	-1.2K	12.0K	-58	0.00	133.37	N/A	N/A	0	0	1	7
2024-12-24	$40.04	$41.00	14.3%	4.1%	17.5%	23.4%	0.0%	1.4%	-0.6%	-1.3K	11.3K	-58	0.00	141.30	N/A	N/A	0	0	1	7
2024-12-26	$40.23	$41.00	15.7%	4.5%	17.6%	29.5%	0.0%	1.7%	0.1%	-1.3K	10.7K	-57	0.00	136.76	N/A	N/A	0	0	1	7
2024-12-27	$40.04	$41.00	16.2%	4.6%	17.4%	31.6%	0.0%	0.9%	-2.0%	-1.3K	11.8K	-56	0.00	136.56	N/A	N/A	0	0	1	7
2024-12-30	$39.92	$41.00	15.1%	4.3%	17.3%	27.2%	0.0%	0.1%	0.3%	-1.2K	12.5K	-55	0.00	137.54	N/A	N/A	0	0	1	7
2024-12-31	$39.84	$41.00	17.0%	4.9%	17.0%	35.3%	0.0%	-0.1%	-3.4%	-1.4K	12.0K	-54	0.00	134.50	N/A	N/A	0	0	1	7