SRTS Options History — April 2024

In April 2024, SRTS traded between $3.17 and $3.79. ATM implied volatility averaged 143.0%, placing in the 40.0% IV rank vs the trailing year. The 30-day expected move averaged 34.1%. IV traded above realized volatility by 75.2% (HV 20d: 67.8%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.06.

Notable Days

2024-04-11: Highest Volume — 81 contracts
2024-04-03: Largest IV spike — 196.4% change
2024-04-08: Highest IV Rank — 100.0%
2024-04-03: Largest Expected Move — 78.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.40	$3.17	$3.79	$3.79	$3.77
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	143.0%	69.2%	319.4%	108.4%	81.7%
Expected Move	34.1%	19.8%	78.1%	31.1%	23.4%
HV 20d	67.8%	52.2%	93.8%	85.9%	57.1%
HV 60d	83.9%	75.6%	90.3%	88.0%	78.4%
IV Rank	40.0%	12.1%	100.0%	30.4%	16.5%
IV Percentile	72.5%	31.0%	100.0%	69.4%	42.1%
Term Structure	-27.9%	-246.3%	53.7%	53.7%	19.3%
VWIV	213.5%	73.9%	353.1%	353.1%	73.9%
Bid-Ask Spread %	108.60	70.83	154.14	99.46	75.66
Gamma HHI	0.80	0.44	0.92	0.73	0.87
Net GEX	467	-17	728	576	720
Net DEX	-43.5K	-70.9K	-26.6K	-70.9K	-36.9K
Net VEX	-190	-223	-79	-204	-205
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.06	0.00	7.50	7.50	0.00
Total Volume	12.5	0	81	17	27
Total OI	1,447.909	357	1,986	1,923	379

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
2024-04-01	$3.79	$2.50	108.4%	31.1%	85.9%	30.4%	0.0%	0.0%	53.7%	576	-70.9K	-204	7.50	99.46	N/A	N/A	2	15	1,791	132
2024-04-02	$3.46	$2.50	91.9%	26.4%	91.3%	23.6%	0.0%	0.0%	-17.0%	540	-56.6K	-188	2.00	105.14	N/A	N/A	10	20	1,793	147
2024-04-03	$3.55	$2.50	272.5%	78.1%	92.1%	98.0%	353.1%	0.0%	-246.3%	495	-61.3K	-223	0.00	109.16	N/A	N/A	7	0	1,784	167
2024-04-04	$3.45	$2.50	252.3%	27.2%	92.3%	89.6%	0.0%	0.0%	46.0%	456	-58.3K	-210	0.00	124.04	N/A	N/A	0	0	1,786	167
2024-04-05	$3.41	$2.50	140.4%	29.8%	92.3%	43.6%	0.0%	0.0%	-3.6%	19	-43.8K	-85	0.00	70.83	N/A	N/A	0	0	1,786	167
2024-04-08	$3.56	$2.50	319.4%	37.1%	93.8%	100.0%	0.0%	0.0%	17.3%	487	-62.3K	-219	0.00	123.83	N/A	N/A	10	0	1,786	167
2024-04-09	$3.45	$2.50	258.3%	31.2%	72.0%	78.6%	0.0%	0.0%	-40.8%	456	-58.0K	-200	0.00	154.14	N/A	N/A	0	3	1,786	167
2024-04-10	$3.35	$2.50	95.2%	27.3%	72.6%	21.2%	0.0%	0.0%	-14.3%	400	-55.8K	-208	0.00	118.33	N/A	N/A	0	0	1,786	170
2024-04-11	$3.22	$2.50	114.6%	32.9%	63.8%	28.1%	0.0%	0.0%	-24.5%	387	-46.2K	-182	1.02	118.91	N/A	N/A	40	41	1,786	170
2024-04-12	$3.30	$2.50	130.8%	37.5%	64.0%	33.7%	0.0%	0.0%	-52.8%	446	-50.3K	-203	0.00	127.78	N/A	N/A	0	0	1,816	170
2024-04-15	$3.21	$2.50	125.0%	35.9%	62.3%	31.7%	0.0%	0.0%	15.9%	460	-47.4K	-200	3.00	124.72	N/A	N/A	2	6	1,816	170
2024-04-16	$3.17	$2.50	114.5%	32.8%	61.5%	28.0%	0.0%	0.0%	-24.1%	-17	-36.1K	-79	0.00	83.62	N/A	N/A	51	0	1,814	170
2024-04-17	$3.23	$2.50	116.1%	33.3%	56.9%	28.6%	0.0%	0.0%	-43.5%	465	-28.2K	-180	0.00	138.48	N/A	N/A	3	0	1,764	170
2024-04-18	$3.25	$2.50	148.5%	42.6%	55.1%	40.0%	0.0%	0.0%	0.0%	486	-36.1K	-203	0.00	149.21	N/A	N/A	0	0	1,764	170
2024-04-19	$3.29	$2.50	149.2%	42.8%	53.5%	40.2%	0.0%	0.0%	45.2%	507	-39.6K	-206	0.00	140.06	N/A	N/A	2	0	1,764	170
2024-04-22	$3.42	$2.50	69.2%	19.8%	55.5%	12.1%	0.0%	0.0%	0.0%	546	-26.6K	-194	2.00	92.51	N/A	N/A	1	2	285	72
2024-04-23	$3.44	$2.50	115.7%	33.2%	55.3%	28.5%	0.0%	0.0%	-55.9%	728	-33.2K	-198	0.00	103.64	N/A	N/A	0	0	286	73
2024-04-24	$3.27	$2.50	123.3%	35.4%	52.2%	31.1%	0.0%	0.0%	-80.5%	488	-26.8K	-201	0.00	80.93	N/A	N/A	5	0	286	73
2024-04-25	$3.34	$2.50	74.4%	21.3%	53.3%	13.9%	73.9%	0.0%	7.8%	508	-26.9K	-195	0.40	71.69	N/A	N/A	10	4	291	73
2024-04-26	$3.43	$2.50	108.6%	31.1%	54.0%	25.9%	0.0%	0.0%	-51.6%	552	-26.6K	-190	0.00	97.55	N/A	N/A	10	0	293	72
2024-04-29	$3.40	$2.50	136.3%	39.1%	54.0%	35.7%	0.0%	0.0%	-108.7%	579	-29.1K	-200	0.00	79.40	N/A	N/A	4	0	303	72
2024-04-30	$3.77	$2.50	81.7%	23.4%	57.1%	16.5%	0.0%	0.0%	19.3%	720	-36.9K	-205	0.00	75.66	N/A	N/A	27	0	307	72