SPEU Options History — January 2025

In January 2025, SPEU traded between $39.48 and $42.51. ATM implied volatility averaged 17.3%, placing in the 34.9% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 3.4% (HV 20d: 14.0%). Max pain ranged from $41.00 to $43.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-01-21: Highest Volume — 1 contracts
  • 2025-01-15: Largest IV drop — 61.3% change
  • 2025-01-14: Highest IV Rank — 100.0%
  • 2025-01-02: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.99$39.48$42.51$39.67$42.28
Max Pain$41.67$41.00$43.00$41.00$43.00
ATM IV17.3%12.5%34.4%17.6%14.7%
Expected Move4.2%3.6%5.0%5.0%4.2%
HV 20d14.0%12.1%17.2%17.0%12.3%
HV 60d15.1%14.6%15.7%14.6%15.3%
IV Rank34.9%14.5%100.0%37.8%23.0%
IV Percentile73.5%38.1%100.0%94.8%68.3%
Term Structure-0.6%-4.1%3.4%-3.0%-4.1%
VWIV14.1%14.1%14.1%14.1%14.1%
Skew 25d1.0%-0.1%5.4%-0.1%0.3%
Skew 10d1.3%0.7%1.9%0.7%0.9%
Call IV 25d14.5%9.3%19.1%19.1%15.4%
Put IV 25d15.4%13.7%19.7%19.0%15.7%
Bid-Ask Spread %134.49128.42142.45133.16137.16
Gamma HHI0.680.371.000.740.37
Net GEX-1.1K-1.5K-172-1.4K-172
Net DEX6.9K-2.7K13.9K12.7K-2.7K
Net VEX-44-53-28-53-42
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.150100
Total OI8.2710810

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$39.67$41.0017.6%5.0%17.0%37.8%0.0%-0.1%-3.0%-1.4K12.7K-530.00133.16N/AN/A0017
2025-01-03$39.81$41.0015.6%4.5%16.8%29.1%0.0%1.3%-1.8%-1.4K12.6K-530.00139.76N/AN/A0017
2025-01-06$40.35$0.0019.1%3.9%17.2%44.0%0.0%0.4%-2.5%-1.3K9.7K-510.00128.42N/AN/A0017
2025-01-07$40.31$0.0021.5%4.0%17.1%54.5%0.0%0.2%2.4%-1.1K10.6K-510.00134.13N/AN/A0017
2025-01-08$40.18$0.0018.8%4.5%16.3%42.9%0.0%0.4%-1.4%-1.4K11.6K-510.00128.96N/AN/A0017
2025-01-10$39.75$0.0020.3%4.7%16.4%49.3%0.0%0.1%-2.3%-1.5K12.6K-500.00130.46N/AN/A0017
2025-01-13$39.48$0.0030.6%4.2%15.4%93.9%0.0%1.5%1.0%-1.4K13.9K-480.00130.72N/AN/A0017
2025-01-14$39.73$0.0034.4%4.0%12.6%100.0%0.0%1.3%-0.7%-1.5K13.9K-480.00134.25N/AN/A0017
2025-01-15$40.27$0.0013.3%3.8%13.0%17.6%0.0%1.1%0.7%-1.5K10.6K-470.00135.92N/AN/A0017
2025-01-16$40.64$0.0014.5%4.2%13.5%22.1%0.0%1.0%2.4%-1.3K9.0K-460.00132.26N/AN/A0017
2025-01-17$40.79$0.0015.1%4.3%13.5%24.6%0.0%0.0%-0.7%-1.1K7.3K-420.00131.36N/AN/A0017
2025-01-21$41.66$0.0014.2%4.1%12.4%20.9%0.0%1.9%3.4%-1.5K6.9K-360.00132.81N/AN/A1007
2025-01-22$41.65$0.0014.9%4.3%12.4%23.8%0.0%0.4%0.9%-1.4K5.1K-410.00135.93N/AN/A0017
2025-01-23$41.97$0.0014.2%4.1%12.4%21.0%0.0%1.4%1.0%-1.1K2.7K-350.00134.15N/AN/A0017
2025-01-24$42.14$0.0012.5%3.6%12.3%14.5%0.0%0.3%-1.7%-8481.3K-310.00141.74N/AN/A0017
2025-01-27$42.24$0.0013.8%4.0%12.3%19.4%0.0%1.4%-2.9%-8161.1K-280.00142.45N/AN/A1017
2025-01-28$42.16$0.0013.0%3.7%12.4%16.1%0.0%0.6%1.0%-873869-460.00137.76N/AN/A0027
2025-01-29$42.19$0.0013.5%3.9%12.1%18.3%0.0%5.4%-0.4%-708-208-410.00135.80N/AN/A0027
2025-01-30$42.51$0.0015.1%4.3%12.1%24.4%14.1%0.1%-2.4%-492-1.7K-380.00132.63N/AN/A1027
2025-01-31$42.28$43.0014.7%4.2%12.3%23.0%0.0%0.3%-4.1%-172-2.7K-420.00137.16N/AN/A0037