SRTS Options History — August 2021

In August 2021, SRTS traded between $3.23 and $3.79. ATM implied volatility averaged 100.2%. The 30-day expected move averaged 26.8%. IV traded above realized volatility by 59.5% (HV 20d: 40.6%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.04.

Notable Days

  • 2021-08-10: Highest Volume — 35 contracts
  • 2021-08-19: Largest IV spike — 124.7% change
  • 2021-08-20: Largest Expected Move — 51.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.55$3.23$3.79$3.69$3.58
Max Pain$3.75$2.50$5.00$2.50$5.00
ATM IV100.2%56.3%179.5%134.7%92.9%
Expected Move26.8%16.1%51.5%38.6%26.6%
HV 20d40.6%31.4%53.4%31.4%53.1%
HV 60d66.8%64.8%69.2%68.1%67.6%
Term Structure-13.3%-97.1%93.2%-31.4%-19.1%
VWIV102.8%55.4%177.7%55.4%177.7%
Bid-Ask Spread %80.3113.09143.0899.4391.05
Gamma HHI0.520.500.580.520.52
Net GEX326256398338351
Net DEX-30.4K-37.6K-22.6K-32.8K-32.0K
Net VEX-87-97-72-86-89
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.040.000.630.000.00
Total Volume7.409035106
Total OI371.5156500448163

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$3.69$2.50134.7%38.6%31.4%0.0%0.0%0.0%-31.4%338-32.8K-860.0099.43N/AN/A1004453
2021-08-03$3.58$2.5089.8%25.8%32.8%0.0%0.0%0.0%-19.1%288-31.4K-950.0096.64N/AN/A004453
2021-08-04$3.66$2.5091.0%26.1%33.5%0.0%0.0%0.0%-17.5%311-31.8K-940.0061.81N/AN/A104353
2021-08-05$3.56$0.0097.8%20.3%34.7%0.0%0.0%0.0%2.6%298-30.2K-910.0090.20N/AN/A2004353
2021-08-06$3.65$0.0088.9%20.2%34.3%0.0%0.0%0.0%-4.5%336-30.0K-870.6395.32N/AN/A854363
2021-08-09$3.79$0.00109.2%18.2%36.6%0.0%55.4%0.0%46.9%315-37.6K-760.0082.68N/AN/A104413
2021-08-10$3.74$0.00123.2%19.5%35.0%0.0%0.0%0.0%-4.5%337-34.2K-970.0087.64N/AN/A3504498
2021-08-11$3.67$5.0069.0%19.8%33.0%0.0%0.0%0.0%-5.8%329-33.3K-960.0089.03N/AN/A2004508
2021-08-12$3.65$5.0066.6%19.1%31.5%0.0%0.0%0.0%-4.4%328-32.7K-950.0061.29N/AN/A004728
2021-08-13$3.51$5.0067.7%19.4%32.8%0.0%0.0%0.0%3.0%319-29.7K-900.0091.09N/AN/A004928
2021-08-16$3.28$5.0060.9%17.5%39.4%0.0%0.0%0.0%1.3%256-22.6K-720.0016.26N/AN/A004898
2021-08-17$3.38$5.0070.6%20.2%41.2%0.0%0.0%0.0%-6.5%326-26.2K-820.0019.75N/AN/A204898
2021-08-18$3.37$5.0072.4%20.8%41.1%0.0%75.4%0.0%-7.8%298-25.9K-830.0077.67N/AN/A104898
2021-08-19$3.23$5.00162.8%46.7%42.8%0.0%0.0%0.0%-33.0%302-24.9K-830.00143.08N/AN/A004908
2021-08-20$3.32$2.50179.5%51.5%44.1%0.0%177.7%0.0%-97.1%295-25.9K-830.00131.63N/AN/A104918
2021-08-23$3.38$2.50176.9%50.7%44.6%0.0%0.0%0.0%-56.0%320-28.2K-840.00128.68N/AN/A2001551
2021-08-24$3.51$2.5056.3%16.1%46.4%0.0%0.0%0.0%93.2%348-28.0K-790.00123.36N/AN/A3101551
2021-08-25$3.65$2.5075.7%21.7%48.7%0.0%0.0%0.0%-21.7%369-36.4K-970.0067.44N/AN/A001751
2021-08-26$3.51$2.5077.4%22.2%50.6%0.0%0.0%0.0%-24.9%398-30.1K-820.0026.47N/AN/A001601
2021-08-27$3.68$2.50158.7%45.5%53.4%0.0%0.0%0.0%-60.7%357-33.2K-900.0073.16N/AN/A201611
2021-08-30$3.68$5.0082.4%23.6%53.3%0.0%0.0%0.0%-26.5%357-32.5K-880.0013.09N/AN/A001601
2021-08-31$3.58$5.0092.9%26.6%53.1%0.0%0.0%0.0%-19.1%351-32.0K-890.0091.05N/AN/A601621