SRTS Options History — July 2022

In July 2022, SRTS traded between $7.65 and $11.36. ATM implied volatility averaged 73.6%, placing in the 6.7% IV rank vs the trailing year. The 30-day expected move averaged 20.6%. IV traded above realized volatility by 17.2% (HV 20d: 56.4%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.89.

Notable Days

  • 2022-07-07: Highest Volume — 1,132 contracts
  • 2022-07-11: Largest IV spike — 46.5% change
  • 2022-07-29: Highest IV Rank — 13.1%
  • 2022-07-29: Largest Expected Move — 25.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.60$7.65$11.36$7.65$11.36
Max Pain$9.88$7.50$10.00$7.50$10.00
ATM IV73.6%55.7%90.2%79.6%90.2%
Expected Move20.6%15.6%25.9%22.8%25.9%
HV 20d56.4%47.1%69.3%48.9%66.4%
HV 60d64.5%58.8%78.8%78.8%64.1%
IV Rank6.7%0.0%13.1%8.9%13.1%
IV Percentile14.7%0.0%40.1%15.5%40.1%
Term Structure6.8%-45.0%44.3%5.2%15.0%
VWIV70.3%54.7%85.2%85.2%76.9%
Skew 25d11.9%-17.4%37.3%37.3%12.3%
Skew 10d33.6%-46.9%126.6%61.8%68.7%
Call IV 25d70.3%58.3%102.6%59.8%67.5%
Put IV 25d82.1%61.1%97.1%97.1%79.7%
Bid-Ask Spread %70.9646.5492.2878.1773.03
Gamma HHI0.480.350.790.390.40
Net GEX15.4K6.9K42.1K11.1K20.1K
Net DEX-1.8M-2.6M-960.6K-989.2K-2.3M
Net VEX-3.1K-3.8K-2.5K-3.4K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.242.220.320.69
Total Volume4552831,132837362
Total OI4,3922,4836,4825,3073,522

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$7.65$7.5079.6%22.8%48.9%8.9%85.2%37.3%5.2%11.1K-989.2K-3.4K0.3278.17N/AN/A6362014,523784
2022-07-05$7.95$10.0088.8%24.7%51.5%12.4%59.5%-8.8%-45.0%12.8K-989.9K-3.1K1.5792.23N/AN/A1372154,346789
2022-07-06$7.95$10.0087.7%23.5%48.9%12.0%59.1%6.2%12.5%12.5K-960.6K-3.2K1.8174.26N/AN/A1192154,353804
2022-07-07$8.79$10.0064.7%20.0%59.5%3.2%69.9%8.6%30.0%28.9K-1.4M-3.2K0.2463.62N/AN/A9112214,370804
2022-07-08$9.08$10.0058.7%15.6%60.5%0.9%54.7%23.8%29.3%42.1K-2.0M-3.1K0.2992.28N/AN/A7592214,874803
2022-07-11$8.90$10.0086.0%16.9%60.6%11.3%56.4%16.3%20.3%6.9K-2.1M-2.9K1.3366.24N/AN/A1351795,443803
2022-07-12$8.99$10.0066.4%19.8%55.8%3.9%69.2%26.9%44.3%7.3K-2.2M-2.8K0.9758.55N/AN/A1761705,465805
2022-07-13$8.95$10.0067.1%19.2%47.9%4.1%70.1%8.3%11.5%7.6K-2.2M-2.5K1.2473.92N/AN/A1521885,512806
2022-07-14$9.12$10.0055.7%16.0%47.1%0.0%59.0%-17.4%-3.6%10.2K-2.2M-2.8K0.7379.83N/AN/A2571885,541802
2022-07-15$9.86$10.0072.4%20.8%53.2%6.3%73.0%14.3%-6.7%12.2K-2.6M-2.8K0.3973.64N/AN/A3221265,680802
2022-07-18$9.79$10.0068.0%19.5%52.4%4.6%66.3%13.6%35.3%14.0K-1.4M-2.9K0.3975.40N/AN/A204792,106377
2022-07-19$10.18$10.0073.0%20.9%53.3%6.6%79.0%3.2%-1.0%14.3K-1.6M-2.8K0.3667.00N/AN/A245882,139380
2022-07-20$10.44$10.0073.4%21.1%53.5%6.7%73.2%12.7%10.4%15.9K-1.7M-2.7K0.6546.54N/AN/A1871212,286388
2022-07-21$10.36$10.0077.5%22.2%54.0%8.3%78.4%6.7%1.0%15.9K-1.7M-3.2K0.9561.78N/AN/A1691602,365411
2022-07-22$10.20$10.0071.7%20.6%54.9%6.1%73.1%17.6%-15.9%16.3K-1.6M-3.6K2.2262.16N/AN/A1483282,365471
2022-07-25$10.66$10.0072.8%20.9%55.7%6.5%72.9%25.8%-24.6%14.7K-1.8M-3.5K0.8691.66N/AN/A1621392,470641
2022-07-26$9.80$10.0060.0%17.2%65.4%1.6%74.9%4.1%28.9%15.1K-1.6M-3.5K1.1761.77N/AN/A1321552,471664
2022-07-27$10.71$10.0079.3%22.7%69.3%9.0%80.8%14.8%-4.1%13.7K-1.8M-3.8K0.7559.61N/AN/A2021512,551720
2022-07-28$11.21$10.0078.7%22.6%69.1%8.7%73.9%10.9%-7.2%17.0K-2.0M-3.7K0.8167.60N/AN/A2982422,621783
2022-07-29$11.36$10.0090.2%25.9%66.4%13.1%76.9%12.3%15.0%20.1K-2.3M-2.9K0.6973.03N/AN/A2141482,764758