SRTS Options History — October 2023

In October 2023, SRTS traded between $2.21 and $2.71. ATM implied volatility averaged 89.7%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 27.3%. IV traded above realized volatility by 46.6% (HV 20d: 43.1%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 2.48.

Notable Days

2023-10-20: Highest Volume — 41 contracts
2023-10-13: Largest IV spike — 174.9% change
2023-10-13: Highest IV Rank — 100.0%
2023-10-13: Largest Expected Move — 79.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.44	$2.21	$2.71	$2.69	$2.23
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	89.7%	40.0%	277.4%	40.0%	116.9%
Expected Move	27.3%	11.5%	79.5%	11.5%	33.5%
HV 20d	43.1%	36.5%	49.0%	48.7%	39.2%
HV 60d	63.6%	52.6%	68.6%	68.6%	52.6%
IV Rank	23.3%	2.5%	100.0%	2.5%	33.9%
IV Percentile	56.8%	1.2%	100.0%	1.2%	88.1%
Term Structure	-5.0%	-324.4%	89.0%	27.0%	-0.8%
VWIV	102.6%	67.6%	124.0%	112.8%	117.1%
Skew 25d	-96.3%	-96.5%	-96.0%	-96.0%	-96.5%
Skew 10d	-129.5%	-130.6%	-128.5%	-128.5%	-130.6%
Call IV 25d	140.8%	139.5%	142.2%	139.5%	142.2%
Put IV 25d	44.6%	43.5%	45.7%	43.5%	45.7%
Bid-Ask Spread %	84.37	18.54	118.19	105.39	18.54
Gamma HHI	0.60	0.50	0.80	0.52	0.80
Net GEX	585	405	837	660	405
Net DEX	-21.4K	-34.8K	-11.2K	-29.6K	-11.5K
Net VEX	-128	-162	-103	-147	-103
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.48	0.00	19.50	0.00	0.00
Total Volume	5.773	0	41	15	1
Total OI	1,022.864	448	1,308	1,269	466

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2023-10-02	$2.69	$2.50	40.0%	11.5%	48.7%	2.5%	0.0%	0.0%	27.0%	660	-29.6K	-147	0.00	105.39	N/A	N/A	15	0	1,217	52
2023-10-03	$2.58	$2.50	50.1%	14.4%	49.0%	7.3%	0.0%	-96.0%	35.0%	655	-24.8K	-139	0.00	78.15	N/A	N/A	0	0	1,232	52
2023-10-04	$2.59	$2.50	46.2%	13.3%	47.9%	5.4%	0.0%	-96.5%	58.4%	689	-28.4K	-139	0.00	97.81	N/A	N/A	0	0	1,232	52
2023-10-05	$2.63	$2.50	53.5%	27.0%	46.4%	8.9%	0.0%	0.0%	-28.6%	673	-27.3K	-137	0.00	118.19	N/A	N/A	0	0	1,232	52
2023-10-06	$2.63	$2.50	74.7%	21.6%	45.4%	18.8%	0.0%	0.0%	-15.1%	692	-26.2K	-127	0.00	110.85	N/A	N/A	0	0	1,232	52
2023-10-09	$2.66	$2.50	45.3%	25.9%	45.6%	5.0%	0.0%	0.0%	-12.3%	719	-30.5K	-138	0.00	104.74	N/A	N/A	0	0	1,232	52
2023-10-10	$2.71	$2.50	52.4%	24.8%	46.1%	8.3%	0.0%	0.0%	-36.8%	719	-34.8K	-147	0.00	102.42	N/A	N/A	0	0	1,232	52
2023-10-11	$2.57	$2.50	70.3%	20.1%	47.7%	16.8%	0.0%	0.0%	-9.4%	701	-24.4K	-119	0.00	108.73	N/A	N/A	0	0	1,232	52
2023-10-12	$2.49	$2.50	100.9%	28.9%	41.6%	31.2%	0.0%	0.0%	-22.7%	658	-20.8K	-125	0.00	97.07	N/A	N/A	0	0	1,232	52
2023-10-13	$2.42	$2.50	277.4%	79.5%	38.3%	100.0%	112.8%	0.0%	-324.4%	569	-25.0K	-158	0.50	110.86	N/A	N/A	2	1	1,232	52
2023-10-16	$2.39	$2.50	82.8%	23.7%	36.5%	19.8%	0.0%	0.0%	-13.7%	589	-15.3K	-107	0.00	111.20	N/A	N/A	0	0	1,234	55
2023-10-17	$2.48	$2.50	73.4%	21.0%	39.8%	15.9%	67.6%	0.0%	9.1%	709	-23.9K	-133	2.00	84.53	N/A	N/A	1	2	1,234	49
2023-10-18	$2.45	$2.50	84.6%	24.3%	39.0%	20.6%	0.0%	0.0%	-2.8%	837	-20.6K	-128	0.33	109.35	N/A	N/A	15	5	1,235	51
2023-10-19	$2.34	$2.50	70.3%	20.2%	41.0%	14.7%	0.0%	0.0%	0.0%	497	-19.0K	-138	0.00	93.25	N/A	N/A	0	24	1,248	51
2023-10-20	$2.38	$2.50	116.0%	33.3%	41.8%	33.5%	0.0%	0.0%	89.0%	447	-11.2K	-107	19.50	77.10	N/A	N/A	2	39	1,248	60
2023-10-23	$2.30	$2.50	87.0%	24.9%	42.3%	21.5%	91.7%	0.0%	-2.6%	449	-14.7K	-112	0.00	37.77	N/A	N/A	4	0	395	53
2023-10-24	$2.23	$2.50	123.7%	35.5%	43.0%	36.7%	124.0%	0.0%	-19.5%	423	-15.3K	-114	0.00	27.80	N/A	N/A	11	0	397	53
2023-10-25	$2.26	$2.50	107.7%	30.9%	43.5%	30.1%	0.0%	0.0%	35.9%	449	-15.8K	-123	0.00	37.06	N/A	N/A	0	0	408	53
2023-10-26	$2.27	$2.50	110.0%	31.5%	43.7%	31.0%	0.0%	0.0%	-18.4%	462	-24.3K	-162	0.00	64.09	N/A	N/A	0	0	408	53
2023-10-27	$2.21	$2.50	92.9%	26.6%	40.7%	24.0%	0.0%	0.0%	87.4%	425	-13.2K	-109	0.00	63.34	N/A	N/A	5	0	408	53
2023-10-30	$2.24	$2.50	97.3%	27.9%	41.1%	25.8%	0.0%	0.0%	60.4%	432	-13.9K	-112	0.00	97.86	N/A	N/A	0	0	413	53
2023-10-31	$2.23	$2.50	116.9%	33.5%	39.2%	33.9%	117.1%	0.0%	-0.8%	405	-11.5K	-103	0.00	18.54	N/A	N/A	1	0	413	53