SRTS Options History — July 2024

In July 2024, SRTS traded between $4.93 and $6.63. ATM implied volatility averaged 89.7%, placing in the 19.3% IV rank vs the trailing year. The 30-day expected move averaged 26.0%. IV traded above realized volatility by 34.4% (HV 20d: 55.3%). Max pain ranged from $2.50 to $3.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.09.

Notable Days

2024-07-29: Highest Volume — 735 contracts
2024-07-03: Largest IV spike — 48.0% change
2024-07-03: Highest IV Rank — 28.2%
2024-07-03: Largest Expected Move — 33.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.88	$4.93	$6.63	$4.98	$6.38
Max Pain	$2.93	$2.50	$3.00	$2.50	$3.00
ATM IV	89.7%	66.5%	115.0%	71.1%	114.1%
Expected Move	26.0%	20.4%	33.0%	20.4%	32.7%
HV 20d	55.3%	50.9%	58.9%	54.1%	58.6%
HV 60d	99.5%	96.9%	100.7%	99.2%	96.9%
IV Rank	19.3%	11.2%	28.2%	12.8%	27.9%
IV Percentile	48.2%	20.6%	68.7%	28.6%	68.7%
Term Structure	27.5%	-48.3%	288.2%	28.1%	-15.5%
VWIV	105.0%	69.4%	144.7%	114.5%	144.7%
Skew 25d	8.7%	-53.2%	77.3%	15.7%	-53.2%
Skew 10d	20.6%	-49.4%	68.6%	26.1%	68.6%
Call IV 25d	87.2%	53.3%	212.9%	62.7%	212.9%
Put IV 25d	95.9%	76.5%	159.8%	78.4%	159.8%
Bid-Ask Spread %	130.54	110.47	147.54	135.76	110.47
Gamma HHI	0.35	0.18	0.69	0.49	0.34
Net GEX	7.3K	2.0K	15.2K	6.5K	6.6K
Net DEX	-367.2K	-582.1K	-181.0K	-185.6K	-506.9K
Net VEX	-518	-785	-372	-472	-785
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.09	0.00	1.40	0.00	0.00
Total Volume	90.409	0	735	0	67
Total OI	1,778.318	650	2,476	2,059	1,305

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
2024-07-01	$4.98	$2.50	71.1%	20.4%	54.1%	12.8%	0.0%	15.7%	28.1%	6.5K	-185.6K	-472	0.00	135.76	N/A	N/A	0	0	1,975	84
2024-07-02	$4.93	$2.50	77.7%	22.3%	53.8%	15.1%	0.0%	14.4%	-12.1%	6.3K	-181.0K	-461	0.00	131.68	N/A	N/A	0	0	1,975	84
2024-07-03	$5.05	$2.50	115.0%	33.0%	54.7%	28.2%	0.0%	77.3%	-5.7%	6.8K	-194.3K	-452	0.00	130.19	N/A	N/A	0	0	1,975	84
2024-07-05	$5.31	$3.00	66.5%	28.8%	55.7%	11.2%	114.5%	18.1%	-46.9%	7.6K	-234.8K	-436	0.00	110.71	N/A	N/A	178	0	1,975	84
2024-07-08	$5.63	$3.00	94.9%	28.8%	56.0%	21.1%	98.2%	4.1%	-25.7%	11.0K	-420.9K	-633	0.00	135.92	N/A	N/A	112	0	2,149	84
2024-07-09	$5.38	$3.00	97.1%	21.4%	50.9%	21.9%	88.0%	-11.6%	8.6%	9.7K	-357.6K	-525	0.00	142.97	N/A	N/A	81	0	2,256	84
2024-07-10	$5.41	$3.00	93.5%	26.8%	50.9%	20.7%	0.0%	47.9%	-12.4%	9.6K	-351.9K	-502	0.00	144.02	N/A	N/A	9	0	2,255	84
2024-07-11	$5.73	$3.00	71.9%	20.6%	54.1%	13.1%	69.4%	24.2%	0.3%	11.2K	-432.8K	-483	0.00	147.54	N/A	N/A	34	0	2,264	84
2024-07-12	$6.12	$3.00	88.1%	25.3%	55.2%	18.8%	96.8%	-5.5%	2.6%	13.7K	-546.6K	-517	0.02	130.81	N/A	N/A	111	2	2,294	84
2024-07-15	$6.04	$3.00	93.3%	26.7%	55.3%	20.6%	94.5%	0.2%	13.2%	12.4K	-532.4K	-476	1.40	128.60	N/A	N/A	15	21	2,353	84
2024-07-16	$5.95	$3.00	76.2%	21.9%	55.3%	14.6%	87.8%	9.2%	-25.2%	15.2K	-582.1K	-591	0.00	138.83	N/A	N/A	27	0	2,346	105
2024-07-17	$5.79	$3.00	84.1%	24.1%	56.2%	17.4%	85.8%	20.4%	2.7%	9.7K	-460.3K	-416	0.00	145.06	N/A	N/A	101	0	2,366	105
2024-07-18	$5.90	$3.00	82.9%	23.8%	56.3%	16.9%	107.0%	23.1%	234.3%	10.6K	-480.5K	-392	0.00	137.39	N/A	N/A	82	0	2,363	105
2024-07-19	$5.98	$3.00	80.0%	22.9%	56.2%	15.9%	0.0%	21.5%	234.3%	2.0K	-448.0K	-372	0.00	133.97	N/A	N/A	24	0	2,371	105
2024-07-22	$6.30	$3.00	106.3%	30.5%	58.0%	25.1%	112.9%	-8.9%	288.2%	2.0K	-256.7K	-387	0.09	119.62	N/A	N/A	109	10	560	90
2024-07-23	$6.46	$3.00	108.4%	31.1%	55.1%	25.9%	112.3%	45.6%	-14.1%	2.8K	-301.0K	-530	0.00	128.62	N/A	N/A	45	0	662	90
2024-07-24	$6.38	$3.00	88.5%	25.4%	55.0%	18.9%	0.0%	-13.1%	-25.6%	2.6K	-285.2K	-534	0.22	130.61	N/A	N/A	9	2	653	90
2024-07-25	$6.39	$3.00	84.1%	24.1%	54.6%	17.3%	75.5%	29.8%	-1.3%	2.7K	-290.9K	-537	0.03	132.10	N/A	N/A	60	2	659	92
2024-07-26	$6.30	$3.00	80.5%	23.1%	54.7%	16.1%	112.1%	28.3%	9.9%	2.7K	-293.1K	-556	0.00	131.62	N/A	N/A	12	0	690	94
2024-07-29	$6.63	$3.00	111.9%	32.1%	56.6%	27.1%	144.5%	-45.5%	-48.3%	2.5K	-323.6K	-578	0.03	111.22	N/A	N/A	712	23	691	94
2024-07-30	$6.21	$3.00	88.1%	25.3%	58.9%	18.8%	136.0%	-49.9%	16.1%	5.4K	-411.5K	-750	0.00	114.25	N/A	N/A	141	0	1,059	117
2024-07-31	$6.38	$3.00	114.1%	32.7%	58.6%	27.9%	144.7%	-53.2%	-15.5%	6.6K	-506.9K	-785	0.00	110.47	N/A	N/A	67	0	1,188	117