SRTS Options History — November 2023

In November 2023, SRTS traded between $1.87 and $2.51. ATM implied volatility averaged 139.0%, placing in the 43.0% IV rank vs the trailing year. The 30-day expected move averaged 43.1%. IV traded above realized volatility by 74.2% (HV 20d: 64.7%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 7.17.

Notable Days

  • 2023-11-01: Highest Volume — 479 contracts
  • 2023-11-15: Largest IV spike — 182.6% change
  • 2023-11-15: Highest IV Rank — 89.4%
  • 2023-11-02: Largest Expected Move — 82.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.20$1.87$2.51$2.09$2.47
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV139.0%62.2%251.8%184.4%176.8%
Expected Move43.1%17.8%82.6%52.9%50.7%
HV 20d64.7%43.3%80.2%43.9%75.9%
HV 60d52.9%44.7%59.1%47.5%58.3%
IV Rank43.0%11.3%89.4%61.7%58.6%
IV Percentile83.3%31.3%99.6%98.8%96.4%
Term Structure5.5%-243.4%213.0%213.0%114.9%
VWIV140.9%49.7%302.7%302.7%49.7%
Bid-Ask Spread %111.2857.15157.5999.77130.30
Gamma HHI0.820.500.960.750.51
Net GEX102-1.2K881332858
Net DEX17.8K-63.8K81.9K-9.5K-57.9K
Net VEX-150-293-91-101-270
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.170.0078.8378.830.00
Total Volume56.52404794790
Total OI920.5244651,262465792

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$2.09$2.50184.4%52.9%43.9%61.7%302.7%0.0%213.0%332-9.5K-10178.8399.77N/AN/A647341253
2023-11-02$2.10$2.5091.1%82.6%43.3%23.2%0.0%0.0%-243.4%-1.2K71.5K-1450.00141.02N/AN/A1000413533
2023-11-03$2.19$2.50111.2%72.3%47.1%31.5%0.0%0.0%-65.0%-1.2K53.9K-2050.00132.68N/AN/A480541533
2023-11-06$2.25$2.50126.7%25.4%48.3%37.9%0.0%0.0%9.9%-1.2K45.3K-2130.00149.47N/AN/A10596533
2023-11-07$2.30$2.50153.0%26.0%48.6%48.8%0.0%0.0%-27.0%-66033.2K-2060.00147.34N/AN/A00597533
2023-11-08$2.23$2.5092.9%26.6%46.5%24.0%0.0%0.0%2.8%-1.0K48.2K-1940.00116.01N/AN/A150597533
2023-11-09$2.17$2.50146.6%42.0%46.2%46.1%110.2%0.0%-34.2%-98958.1K-1680.0396.33N/AN/A802647533
2023-11-10$1.87$2.5099.6%28.6%68.2%26.7%0.0%0.0%-31.2%45681.9K-910.0086.27N/AN/A0331727535
2023-11-13$1.90$2.50240.8%69.0%68.9%84.9%0.0%0.0%-83.7%29557.4K-920.0093.83N/AN/A00727382
2023-11-14$2.00$2.5089.1%25.5%70.4%22.4%101.1%0.0%-11.6%44655.4K-1040.0073.39N/AN/A05727382
2023-11-15$2.06$2.50251.8%72.2%71.9%89.4%0.0%0.0%-5.2%35634.9K-1020.00119.94N/AN/A01727267
2023-11-16$2.09$2.50180.8%51.8%70.9%60.2%0.0%0.0%-3.8%39432.7K-1080.00150.84N/AN/A00727266
2023-11-17$2.16$2.50133.1%38.2%71.8%40.6%0.0%0.0%-1.8%46132.7K-1110.00157.59N/AN/A00727262
2023-11-20$2.09$2.5063.7%18.3%71.7%11.9%0.0%0.0%33.4%439-4.4K-1000.0057.68N/AN/A5062071
2023-11-21$2.10$2.50150.6%43.2%71.1%47.8%0.0%0.0%26.1%473-7.1K-1060.0057.15N/AN/A0062271
2023-11-22$2.23$2.50147.6%42.3%74.4%46.5%0.0%0.0%44.7%483-8.9K-1090.0072.83N/AN/A10062271
2023-11-24$2.42$2.5068.9%19.8%80.0%14.1%49.7%0.0%22.0%725-20.6K-1350.00118.97N/AN/A12062271
2023-11-27$2.51$2.5062.2%17.8%80.0%11.3%0.0%0.0%25.6%867-26.7K-1370.00123.87N/AN/A77062571
2023-11-28$2.50$2.50169.8%48.7%80.0%55.7%0.0%0.0%16.6%847-31.6K-1670.00115.96N/AN/A21070071
2023-11-29$2.47$2.50177.5%50.9%80.2%58.8%0.0%0.0%112.9%881-63.8K-2930.0095.65N/AN/A0072171
2023-11-30$2.47$2.50176.8%50.7%75.9%58.6%0.0%0.0%114.9%858-57.9K-2700.00130.30N/AN/A0072171