SRTS Options History — June 2023

In June 2023, SRTS traded between $2.69 and $3.26. ATM implied volatility averaged 88.4%, placing in the 30.1% IV rank vs the trailing year. The 30-day expected move averaged 20.6%. IV traded above realized volatility by 20.5% (HV 20d: 67.9%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.10.

Notable Days

  • 2023-06-30: Highest Volume — 1,150 contracts
  • 2023-06-29: Largest IV spike — 260.4% change
  • 2023-06-13: Highest IV Rank — 100.0%
  • 2023-06-29: Largest Expected Move — 48.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.93$2.69$3.26$2.75$3.16
Max Pain$4.64$2.50$5.00$2.50$2.50
ATM IV88.4%44.3%246.9%66.3%94.8%
Expected Move20.6%12.7%48.4%19.0%27.2%
HV 20d67.9%49.4%216.1%216.1%66.2%
HV 60d131.0%128.7%133.2%128.8%133.2%
IV Rank30.1%2.4%100.0%21.9%26.8%
IV Percentile55.5%1.6%100.0%36.9%90.9%
Term Structure1.1%-217.6%118.3%1.7%95.9%
VWIV179.8%125.4%287.1%126.8%287.1%
Skew 25d-29.3%-158.1%27.9%-25.4%27.9%
Skew 10d-39.8%-227.5%25.6%-21.1%25.6%
Call IV 25d89.6%53.2%226.8%73.3%75.3%
Put IV 25d60.3%38.7%103.2%47.9%103.2%
Bid-Ask Spread %94.8775.43111.3390.8299.85
Gamma HHI0.560.500.620.540.62
Net GEX1.1K8931.7K1.3K1.5K
Net DEX-54.7K-87.4K-29.8K-35.5K-77.4K
Net VEX-340-527-239-255-492
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.500.500.00
Total Volume7301,15071,150
Total OI1,241.2381,1781,3771,1841,377

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$2.75$2.5066.3%19.0%216.1%21.9%0.0%-25.4%1.7%1.3K-35.5K-2550.0090.82N/AN/A071,083101
2023-06-02$2.69$2.5097.1%27.8%55.4%46.9%0.0%-14.5%-104.9%1.1K-29.8K-2390.0085.59N/AN/A031,08594
2023-06-05$2.69$5.0066.8%16.4%54.3%22.3%0.0%-15.4%15.4%1.3K-47.3K-3160.50100.90N/AN/A211,08596
2023-06-06$2.80$5.0062.1%16.8%49.4%18.6%0.0%-6.5%6.0%1.3K-48.3K-2820.00104.52N/AN/A001,08596
2023-06-07$3.09$5.0080.0%21.5%59.5%33.1%0.0%-17.0%-28.9%1.1K-65.3K-3210.0078.23N/AN/A201,08594
2023-06-08$2.90$5.0095.3%18.5%62.8%45.4%0.0%1.9%0.2%1.2K-47.5K-2630.00111.33N/AN/A301,08794
2023-06-09$2.88$5.00105.5%17.8%61.1%53.7%0.0%1.7%3.8%1.2K-45.4K-2620.0099.42N/AN/A8001,09394
2023-06-12$2.98$5.00152.1%18.6%62.3%91.5%126.8%-32.6%-14.0%983-71.8K-3410.00107.84N/AN/A401,22394
2023-06-13$3.09$5.00246.9%22.0%63.4%100.0%0.0%-16.5%-19.2%1.1K-85.1K-3960.0094.46N/AN/A2001,22794
2023-06-14$2.98$5.0066.6%19.1%64.9%13.2%0.0%-23.1%-11.1%1.0K-80.5K-3830.00106.49N/AN/A011,24794
2023-06-15$2.96$5.0068.3%19.6%64.0%14.0%0.0%-37.6%0.8%1.0K-75.3K-3540.50110.89N/AN/A20101,24793
2023-06-16$2.92$5.0086.8%24.9%63.6%22.9%125.4%-36.7%-48.3%980-62.8K-2810.11100.49N/AN/A911,247103
2023-06-20$2.95$5.0064.5%18.5%62.6%12.2%0.0%-16.2%118.3%945-39.1K-3400.4581.97N/AN/A22101,08494
2023-06-21$3.00$5.0063.4%18.2%61.1%11.7%0.0%-12.3%112.7%1.0K-43.4K-3540.0075.43N/AN/A001,104104
2023-06-22$2.91$5.0063.9%18.3%60.6%11.9%0.0%-22.5%-2.7%990-36.4K-3120.0090.60N/AN/A101,104104
2023-06-23$2.85$5.0072.0%20.6%58.1%15.8%0.0%-37.0%-37.5%910-35.7K-3250.0092.38N/AN/A001,105104
2023-06-26$2.89$5.0044.9%12.9%56.9%2.7%0.0%-147.9%55.7%921-38.9K-3440.0087.32N/AN/A1001,105104
2023-06-27$2.82$5.0044.3%12.7%57.6%2.4%0.0%-158.1%30.2%893-38.8K-3480.0082.79N/AN/A601,115104
2023-06-28$3.05$5.0046.8%13.4%62.3%3.7%0.0%-6.3%65.4%988-57.9K-4050.0088.38N/AN/A6901,115104
2023-06-29$3.26$5.00168.8%48.4%64.7%62.4%287.1%-21.7%-217.6%1.7K-87.4K-5270.00102.55N/AN/A10201,194104
2023-06-30$3.16$2.5094.8%27.2%66.2%26.8%0.0%27.9%95.9%1.5K-77.4K-4920.0099.85N/AN/A1,15001,273104