SRTS Options History — April 2021

In April 2021, SRTS traded between $3.37 and $3.93. ATM implied volatility averaged 113.4%. The 30-day expected move averaged 29.3%. IV traded above realized volatility by 46.6% (HV 20d: 66.8%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 16 of 16 trading days. Term structure was in contango for 8 of 16 days. Put/call ratio averaged 0.30.

Notable Days

  • 2021-04-13: Highest Volume — 257 contracts
  • 2021-04-16: Largest IV spike — 64.0% change
  • 2021-04-16: Largest Expected Move — 40.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.68$3.37$3.93$3.77$3.84
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV113.4%83.7%181.9%127.2%114.9%
Expected Move29.3%24.0%40.5%30.5%32.9%
HV 20d66.8%66.8%66.8%66.8%66.8%
Term Structure-1.4%-72.8%70.8%32.6%70.8%
VWIV111.6%102.9%120.3%120.3%102.9%
Bid-Ask Spread %108.3774.54135.36114.78132.77
Gamma HHI0.590.500.770.500.57
Net GEX1051958
Net DEX-1.1K-1.7K-693-1.6K-988
Net VEX-2-3-2-2-2
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.001.200.000.00
Total Volume25.063025710
Total OI82.31352581167

Daily Data (16 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-09$3.77$0.00127.2%30.5%0.0%0.0%0.0%0.0%32.6%5-1.6K-20.00114.78N/AN/A101160
2021-04-12$3.62$0.00181.9%27.5%0.0%0.0%0.0%0.0%6.3%6-1.4K-20.00110.42N/AN/A01401160
2021-04-13$3.51$0.00159.2%24.7%0.0%0.0%120.3%0.0%26.7%5-1.4K-21.20100.42N/AN/A117140116140
2021-04-14$3.62$5.0085.7%24.6%0.0%0.0%0.0%0.0%-30.6%11-1.6K-30.00111.89N/AN/A00118140
2021-04-15$3.37$5.0086.0%24.7%0.0%0.0%0.0%0.0%-53.9%10-1.3K-20.0076.75N/AN/A00118140
2021-04-16$3.64$5.00141.1%40.5%0.0%0.0%0.0%0.0%-9.9%11-1.7K-30.00122.62N/AN/A00118140
2021-04-19$3.40$5.0094.0%26.9%0.0%0.0%0.0%0.0%-41.3%10-693-20.00100.57N/AN/A0050
2021-04-20$3.52$5.00138.9%39.8%0.0%0.0%0.0%0.0%31.3%11-840-20.00116.07N/AN/A0050
2021-04-21$3.56$5.0089.6%25.7%0.0%0.0%0.0%0.0%34.5%11-813-20.00112.06N/AN/A0050
2021-04-22$3.59$5.0084.1%24.1%0.0%0.0%0.0%0.0%-25.9%12-781-20.0092.01N/AN/A0050
2021-04-23$3.75$5.00122.4%35.1%0.0%0.0%0.0%0.0%-72.8%6-761-20.0096.13N/AN/A0050
2021-04-26$3.92$5.0094.7%27.2%0.0%0.0%102.9%0.0%-5.8%16-973-20.00126.66N/AN/A2050
2021-04-27$3.92$5.0083.7%24.0%0.0%0.0%0.0%0.0%24.7%19-1.1K-20.00110.86N/AN/A0060
2021-04-28$3.93$5.00124.6%35.7%0.0%0.0%0.0%0.0%-20.1%19-1.1K-30.00135.36N/AN/A0060
2021-04-29$3.89$5.0086.9%24.9%0.0%0.0%0.0%0.0%11.7%7-802-20.0074.54N/AN/A1060
2021-04-30$3.84$5.00114.9%32.9%66.8%0.0%0.0%0.0%70.8%8-988-20.00132.77N/AN/A0070