SPEU Options History — March 2026

In March 2026, SPEU traded between $49.39 and $54.72. ATM implied volatility averaged 24.2%, placing in the 15.0% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded below realized volatility by 1.1% (HV 20d: 25.3%). Max pain ranged from $50.00 to $57.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.52.

Notable Days

  • 2026-03-16: Highest Volume — 624 contracts
  • 2026-03-03: Largest IV spike — 77.7% change
  • 2026-03-27: Highest IV Rank — 19.8%
  • 2026-03-27: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.86$49.39$54.72$54.72$51.92
Max Pain$53.55$50.00$57.00$50.00$50.00
ATM IV24.2%15.0%28.7%15.0%23.4%
Expected Move6.8%4.3%8.2%4.3%6.7%
HV 20d25.3%16.6%31.6%16.6%31.6%
HV 60d20.1%17.8%23.4%17.8%23.4%
IV Rank15.0%5.2%19.8%5.2%14.1%
IV Percentile91.6%57.9%98.4%57.9%90.5%
Term Structure-2.1%-6.0%0.7%0.7%0.0%
VWIV26.4%19.8%29.2%19.8%29.2%
Skew 25d6.7%-0.8%12.0%1.6%9.8%
Skew 10d3.6%-3.6%9.0%5.2%7.9%
Call IV 25d18.0%14.2%23.3%16.2%19.3%
Put IV 25d24.7%17.9%29.7%17.9%29.1%
Bid-Ask Spread %82.8651.93120.87120.8764.95
Gamma HHI0.370.270.540.460.35
Net GEX36.8K6.2K86.2K86.2K6.2K
Net DEX-278.7K-675.9K-47.3K-675.9K-187.2K
Net VEX-1.5K-2.1K-872-2.1K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.003.000.003.00
Total Volume32.455062400
Total OI359.5164874283190

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-03-02$54.72$50.0015.0%4.3%16.6%5.2%0.0%1.6%0.7%86.2K-675.9K-2.1K0.00120.87N/AN/A0025627
2026-03-03$53.04$50.0026.6%7.6%19.8%17.6%0.0%5.5%-6.0%54.3K-452.5K-2.0K0.00115.12N/AN/A0025627
2026-03-04$53.95$50.0020.8%6.0%20.9%11.4%0.0%0.8%-2.2%59.2K-497.7K-2.0K0.00118.69N/AN/A0025627
2026-03-05$52.48$57.0028.3%6.6%22.8%19.4%0.0%5.4%-2.3%48.5K-398.7K-1.9K0.00109.46N/AN/A0025627
2026-03-06$52.48$57.0028.5%7.2%22.7%19.6%0.0%10.4%-5.4%42.0K-331.6K-1.8K0.00108.91N/AN/A10025627
2026-03-09$52.75$57.0027.3%6.2%21.8%18.3%0.0%12.0%-0.3%47.8K-363.9K-1.8K0.00111.89N/AN/A1026527
2026-03-10$53.03$57.0027.0%6.3%21.9%18.0%0.0%5.3%-1.8%53.7K-413.6K-1.8K0.00115.14N/AN/A0026627
2026-03-11$52.98$57.0020.4%5.8%21.9%10.9%0.0%6.2%-1.7%38.5K-348.0K-1.7K0.00117.49N/AN/A0026627
2026-03-12$52.56$57.0019.0%8.1%21.8%9.4%0.0%8.6%-0.3%33.6K-296.6K-1.6K0.0066.40N/AN/A1026627
2026-03-13$51.23$57.0028.0%0.0%23.2%19.0%0.0%7.8%-3.1%35.0K-264.2K-1.6K0.0093.85N/AN/A0026727
2026-03-16$52.52$57.0020.9%5.8%25.3%11.5%0.0%7.5%0.2%35.5K-294.4K-1.5K0.0268.06N/AN/A6111326727
2026-03-17$51.87$57.0021.5%6.1%25.4%12.1%19.8%-0.8%-1.6%49.1K-319.4K-1.4K0.3373.75N/AN/A6285416
2026-03-18$52.00$55.0019.8%6.0%24.9%10.3%0.0%5.4%-0.6%85.0K-353.6K-1.4K0.0059.46N/AN/A0085717
2026-03-19$51.83$55.0020.9%6.4%24.7%11.5%0.0%9.3%-2.2%51.7K-255.0K-1.2K0.0068.71N/AN/A0085717
2026-03-20$49.39$55.0027.0%7.7%28.1%18.0%28.1%0.5%-2.7%20.3K-83.9K-8720.0058.28N/AN/A03085717
2026-03-23$50.56$50.0024.0%7.3%30.1%14.8%25.4%10.7%-4.5%13.1K-108.8K-1.2K0.0067.64N/AN/A1013034
2026-03-24$50.38$50.0026.8%7.8%30.0%17.8%26.6%11.2%-3.4%11.9K-106.0K-1.2K0.0054.74N/AN/A1013134
2026-03-25$50.88$50.0024.7%7.0%30.2%15.5%29.2%9.9%-1.2%13.7K-140.3K-1.3K0.5058.86N/AN/A18913234
2026-03-26$50.64$50.0025.2%7.2%30.2%16.1%0.0%5.7%-1.1%10.0K-111.1K-1.3K0.0051.93N/AN/A0014143
2026-03-27$49.42$50.0028.7%8.2%30.8%19.8%29.2%7.4%-2.2%7.9K-47.3K-1.1K1.3357.90N/AN/A3414143
2026-03-30$50.31$50.0028.4%8.1%30.8%19.5%0.0%7.7%-4.5%6.5K-81.9K-1.3K3.0060.76N/AN/A1314347
2026-03-31$51.92$50.0023.4%6.7%31.6%14.1%0.0%9.8%0.0%6.2K-187.2K-1.2K0.0064.95N/AN/A0014446