SRTS Options History — June 2024

In June 2024, SRTS traded between $4.86 and $6.00. ATM implied volatility averaged 74.3%, placing in the 13.9% IV rank vs the trailing year. The 30-day expected move averaged 21.2%. IV traded below realized volatility by 16.5% (HV 20d: 90.8%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.03.

Notable Days

  • 2024-06-03: Highest Volume — 1,168 contracts
  • 2024-06-12: Largest IV spike — 48.7% change
  • 2024-06-12: Highest IV Rank — 25.9%
  • 2024-06-12: Largest Expected Move — 31.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.34$4.86$6.00$5.52$5.24
Max Pain$2.89$2.50$5.00$5.00$2.50
ATM IV74.3%61.5%108.5%68.9%75.8%
Expected Move21.2%17.5%31.1%19.8%21.7%
HV 20d90.8%50.8%152.4%147.8%51.5%
HV 60d101.9%98.8%108.3%108.3%98.8%
IV Rank13.9%9.4%25.9%12.0%14.4%
IV Percentile32.1%14.7%59.9%27.0%34.1%
Term Structure36.4%-22.6%387.2%-2.3%7.8%
VWIV99.8%58.4%264.6%58.4%81.6%
Skew 25d13.1%-21.3%82.3%10.6%16.5%
Skew 10d18.4%-64.1%73.4%10.0%52.7%
Call IV 25d64.8%47.0%91.1%63.1%69.3%
Put IV 25d77.9%54.4%138.2%73.8%85.8%
Bid-Ask Spread %123.96107.52132.61118.17125.71
Gamma HHI0.430.340.680.580.38
Net GEX9.3K2.8K14.0K2.8K8.3K
Net DEX-293.8K-485.8K-165.8K-216.0K-250.1K
Net VEX-865-1.3K-502-502-580
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.030.000.210.000.00
Total Volume106.73711,1681,16862
Total OI2,218.0539592,4999592,073

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-06-03$5.52$5.0068.9%19.8%147.8%12.0%58.4%10.6%-2.3%2.8K-216.0K-5020.00118.17N/AN/A1,1680765194
2024-06-04$5.44$5.0087.5%25.1%148.1%18.6%84.9%26.0%-4.1%8.7K-279.3K-9290.21122.49N/AN/A3471,906194
2024-06-05$5.67$5.0061.6%17.7%148.3%9.4%181.4%82.3%-9.3%10.1K-327.6K-1.0K0.11121.26N/AN/A911,916193
2024-06-06$6.00$2.5064.2%18.7%148.8%10.4%77.6%-17.0%-22.6%10.6K-485.8K-1.3K0.02107.52N/AN/A29971,923193
2024-06-07$5.54$2.5066.6%21.2%152.4%11.2%94.6%3.2%6.9%10.8K-414.3K-1.3K0.00126.55N/AN/A9502,154200
2024-06-10$5.54$2.5061.5%17.5%94.8%9.4%99.5%34.8%-3.3%12.7K-368.2K-1.1K0.00132.27N/AN/A4802,254200
2024-06-11$5.70$2.5073.0%17.6%93.3%13.4%79.3%25.3%-4.9%14.0K-437.5K-1.2K0.04132.61N/AN/A2312,255200
2024-06-12$5.41$2.50108.5%31.1%93.2%25.9%91.9%43.6%4.7%11.4K-358.2K-1.1K0.00123.03N/AN/A3902,245199
2024-06-13$5.36$2.5073.3%21.0%77.2%13.6%73.1%5.9%4.3%11.1K-303.8K-9640.00115.57N/AN/A4802,262199
2024-06-14$5.28$2.5069.0%19.8%74.8%12.1%75.2%12.4%9.4%10.0K-272.9K-8790.00126.05N/AN/A3002,271199
2024-06-17$5.21$2.5071.0%20.3%71.6%12.7%78.4%-13.2%-17.7%9.8K-263.1K-8680.00120.93N/AN/A3202,300199
2024-06-18$5.21$2.5066.8%19.2%68.0%11.3%0.0%-16.0%-10.3%8.9K-242.5K-7550.13132.14N/AN/A812,287199
2024-06-20$5.18$2.5078.2%22.4%63.6%15.3%90.8%-21.3%360.7%9.9K-275.4K-8600.00127.40N/AN/A102,289197
2024-06-21$5.13$2.5074.6%21.4%63.6%14.0%84.3%-0.9%387.2%7.9K-258.2K-7330.00117.03N/AN/A2602,289197
2024-06-24$4.93$2.5081.2%23.3%64.4%16.3%264.6%2.1%-0.9%6.5K-175.0K-5460.00128.08N/AN/A1601,95184
2024-06-25$4.86$2.5074.7%21.4%61.2%14.0%0.0%1.7%-9.2%6.3K-165.8K-5350.00130.17N/AN/A4501,93584
2024-06-26$5.02$2.5076.6%22.0%50.8%14.7%81.3%14.8%12.7%7.2K-213.1K-5830.00130.20N/AN/A2701,98084
2024-06-27$5.20$2.5078.8%22.6%51.6%15.5%0.0%38.4%-17.0%8.7K-274.7K-7090.00118.10N/AN/A101,98984
2024-06-28$5.24$2.5075.8%21.7%51.5%14.4%81.6%16.5%7.8%8.3K-250.1K-5800.00125.71N/AN/A6201,98984