SRTS Options History — February 2024

In February 2024, SRTS traded between $3.18 and $4.94. ATM implied volatility averaged 78.8%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 21.6%. IV traded below realized volatility by 11.3% (HV 20d: 90.1%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.14.

Notable Days

  • 2024-02-16: Highest Volume — 443 contracts
  • 2024-02-14: Largest IV drop — 32.0% change
  • 2024-02-06: Highest IV Rank — 33.6%
  • 2024-02-08: Largest Expected Move — 25.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.14$3.18$4.94$3.26$4.14
Max Pain$4.33$2.50$5.00$2.50$5.00
ATM IV78.8%49.8%116.2%95.0%64.0%
Expected Move21.6%14.3%25.8%24.4%18.4%
HV 20d90.1%75.2%102.1%95.7%84.0%
HV 60d78.6%73.8%82.8%80.0%82.8%
IV Rank18.2%6.2%33.6%24.8%12.1%
IV Percentile48.4%7.9%77.4%66.3%28.2%
Term Structure2.5%-55.4%26.8%7.8%26.8%
VWIV75.2%52.0%103.5%103.5%86.9%
Bid-Ask Spread %85.9150.19111.9987.2273.71
Gamma HHI0.750.500.960.550.90
Net GEX2.1K2025.1K2021.4K
Net DEX-124.1K-207.7K-43.0K-43.0K-127.3K
Net VEX-343-556-138-138-437
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.140.001.820.000.70
Total Volume87.604433017
Total OI763.34771,047477877

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$3.26$0.0095.0%24.4%95.7%24.8%0.0%0.0%7.8%202-43.0K-1380.0087.22N/AN/A300343134
2024-02-02$3.18$0.0084.6%25.0%96.6%20.6%0.0%0.0%20.7%205-44.1K-1600.00104.95N/AN/A400373134
2024-02-05$3.22$0.0099.5%23.3%96.0%26.7%0.0%0.0%-7.2%325-49.8K-1830.0082.66N/AN/A00414134
2024-02-06$3.42$0.00116.2%20.0%97.7%33.6%0.0%0.0%20.3%434-56.6K-1760.0094.38N/AN/A30414134
2024-02-07$3.59$0.0086.7%24.8%95.8%21.4%103.5%0.0%-55.4%419-65.1K-1870.0274.17N/AN/A1453415134
2024-02-08$3.71$2.5090.1%25.8%94.9%22.8%53.4%0.0%-22.8%562-71.1K-2081.8282.10N/AN/A68124465137
2024-02-09$3.81$2.5088.8%25.5%92.8%22.3%0.0%0.0%-6.0%546-78.0K-2300.00108.06N/AN/A440507226
2024-02-12$4.16$2.5085.5%24.5%96.0%20.9%82.6%0.0%-1.1%671-97.1K-1920.0098.33N/AN/A1470529226
2024-02-13$4.29$2.5073.2%21.0%95.7%15.9%77.0%0.0%-3.1%1.3K-116.1K-2470.0085.83N/AN/A690637226
2024-02-14$4.27$5.0049.8%14.3%96.0%6.2%0.0%0.0%22.5%1.4K-113.2K-2580.0099.85N/AN/A1060645226
2024-02-15$4.10$5.0056.1%16.1%95.7%8.8%52.0%0.0%24.6%1.6K-117.5K-3330.0097.47N/AN/A1330732226
2024-02-16$4.68$5.0068.4%19.6%102.1%13.9%73.3%0.0%4.7%2.5K-185.4K-4370.0199.40N/AN/A4385821226
2024-02-20$4.94$5.0078.8%22.6%102.1%18.2%78.9%0.0%-1.4%3.1K-196.0K-4710.0176.17N/AN/A191163874
2024-02-21$4.63$5.0077.2%22.1%77.2%17.5%77.5%0.0%9.8%4.0K-191.0K-5320.0050.19N/AN/A30078974
2024-02-22$4.71$5.0077.7%22.3%76.5%17.7%0.0%0.0%-3.3%4.6K-207.7K-5560.00111.99N/AN/A25081874
2024-02-23$4.84$5.0070.4%20.2%76.6%14.7%0.0%0.0%-0.9%5.1K-205.5K-5540.0066.18N/AN/A2079374
2024-02-26$4.64$5.0076.6%22.0%79.3%17.3%76.9%0.0%-4.3%4.6K-179.7K-5170.0281.22N/AN/A45179574
2024-02-27$4.67$5.0070.6%20.3%75.8%14.8%72.0%0.0%6.7%4.8K-173.0K-5140.0888.84N/AN/A38377975
2024-02-28$4.54$5.0067.4%19.3%75.2%13.5%67.9%0.0%11.8%4.5K-165.0K-5240.0755.48N/AN/A41379678
2024-02-29$4.14$5.0064.0%18.4%84.0%12.1%86.9%0.0%26.8%1.4K-127.3K-4370.7073.71N/AN/A10780275