SRTS Options History — July 2023

In July 2023, SRTS traded between $2.88 and $3.54. ATM implied volatility averaged 117.9%, placing in the 37.9% IV rank vs the trailing year. The 30-day expected move averaged 32.7%. IV traded above realized volatility by 49.4% (HV 20d: 68.6%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.04.

Notable Days

  • 2023-07-26: Highest Volume — 75 contracts
  • 2023-07-10: Largest IV spike — 209.7% change
  • 2023-07-10: Highest IV Rank — 82.2%
  • 2023-07-05: Largest Expected Move — 51.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.17$2.88$3.54$3.23$3.02
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV117.9%67.8%209.9%122.4%121.0%
Expected Move32.7%23.2%51.5%35.1%34.7%
HV 20d68.6%58.0%75.6%65.5%65.9%
HV 60d135.2%133.0%136.4%133.1%135.8%
IV Rank37.9%13.7%82.2%40.0%39.4%
IV Percentile88.4%43.3%99.6%96.8%94.0%
Term Structure-32.6%-152.7%99.3%-96.4%-25.4%
VWIV114.5%87.2%126.6%126.6%119.9%
Skew 25d-25.2%-156.3%38.5%-96.2%-23.9%
Skew 10d-23.5%-212.7%60.4%-113.8%-26.8%
Call IV 25d113.3%74.3%335.1%172.5%81.3%
Put IV 25d88.1%57.2%178.8%76.3%57.4%
Bid-Ask Spread %91.2633.74152.5896.7445.78
Gamma HHI0.710.550.920.840.64
Net GEX2.6K1.4K4.9K3.9K2.8K
Net DEX-113.8K-250.9K-69.8K-145.9K-96.1K
Net VEX-562-1.0K-233-824-457
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.040.000.500.000.00
Total Volume12.5075018
Total OI2,443.62,1202,6192,5272,262

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$3.23$2.50122.4%35.1%65.5%40.0%0.0%-96.2%-96.4%3.9K-145.9K-8240.0096.74N/AN/A002,423104
2023-07-05$3.28$2.50179.6%51.5%65.4%67.6%0.0%-61.4%-152.7%1.9K-83.3K-4950.00106.23N/AN/A102,421104
2023-07-06$3.15$2.5077.5%32.7%66.7%18.4%0.0%-1.4%-54.8%1.4K-71.3K-4290.0068.22N/AN/A002,422104
2023-07-07$3.34$2.5067.8%26.5%60.6%13.7%126.6%5.0%-73.4%4.2K-130.7K-7360.00102.62N/AN/A402,422104
2023-07-10$3.54$2.50209.9%36.3%58.0%82.2%0.0%-156.3%-78.8%4.9K-250.9K-1.0K0.00114.70N/AN/A302,426104
2023-07-11$3.37$2.50167.2%31.2%61.5%61.6%0.0%24.5%-26.0%4.3K-202.5K-9070.00135.33N/AN/A002,427104
2023-07-12$3.38$2.50126.6%36.3%60.7%42.1%0.0%2.8%-21.9%1.6K-88.9K-4580.50107.31N/AN/A1052,427104
2023-07-13$3.50$2.50138.0%39.6%60.6%47.5%0.0%21.1%-126.8%4.8K-229.8K-9790.00152.58N/AN/A002,436109
2023-07-14$3.10$2.50105.6%30.3%74.4%31.9%0.0%-17.9%-29.2%1.4K-75.4K-4420.00104.78N/AN/A202,436109
2023-07-17$3.13$2.5080.9%23.2%74.4%20.0%0.0%-34.6%80.9%2.5K-85.1K-5070.0092.66N/AN/A002,438109
2023-07-18$3.21$2.50121.2%34.7%74.6%39.4%121.0%-3.9%-37.4%1.4K-69.8K-3840.0089.79N/AN/A7202,438109
2023-07-19$3.12$2.50116.7%33.5%75.4%37.3%0.0%-6.4%-38.3%1.4K-86.6K-3940.00108.89N/AN/A602,510109
2023-07-20$3.06$2.50112.3%32.2%75.6%35.2%0.0%-42.0%0.0%1.9K-83.3K-2330.0099.97N/AN/A102,510109
2023-07-21$3.03$2.5099.6%28.6%74.9%29.1%0.0%-31.9%-16.2%3.3K-120.9K-6040.00118.43N/AN/A3002,510109
2023-07-24$3.04$2.5087.5%25.1%74.4%23.3%0.0%38.5%50.0%2.2K-90.0K-4900.0094.16N/AN/A102,02298
2023-07-25$3.02$2.5084.9%24.3%74.3%22.0%0.0%-16.5%99.3%2.4K-107.4K-5450.0064.91N/AN/A002,02398
2023-07-26$3.00$2.50101.8%29.2%73.8%30.1%87.2%-34.4%-1.1%2.3K-78.3K-4170.0052.95N/AN/A7502,02398
2023-07-27$2.88$2.50117.9%33.8%69.6%37.9%117.9%-24.9%-30.1%2.5K-89.5K-4840.0033.74N/AN/A1802,15598
2023-07-28$2.91$2.50120.0%34.4%64.9%38.9%119.9%-43.5%-40.5%1.4K-89.8K-4290.0035.32N/AN/A042,16098
2023-07-31$3.02$2.50121.0%34.7%65.9%39.4%0.0%-23.9%-25.4%2.8K-96.1K-4570.0045.78N/AN/A1802,160102