SRTS Options History — August 2024

In August 2024, SRTS traded between $6.02 and $6.98. ATM implied volatility averaged 115.0%, placing in the 28.2% IV rank vs the trailing year. The 30-day expected move averaged 24.1%. IV traded above realized volatility by 57.6% (HV 20d: 57.4%). Max pain ranged from $3.00 to $6.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.04.

Notable Days

  • 2024-08-01: Highest Volume — 294 contracts
  • 2024-08-05: Largest IV spike — 181.7% change
  • 2024-08-05: Highest IV Rank — 91.2%
  • 2024-08-05: Largest Expected Move — 41.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.43$6.02$6.98$6.27$6.50
Max Pain$4.77$3.00$6.00$3.00$6.00
ATM IV115.0%48.1%294.3%119.2%102.2%
Expected Move24.1%13.8%41.9%34.2%29.3%
HV 20d57.4%50.4%62.1%59.4%52.2%
HV 60d67.1%55.5%97.3%96.9%55.5%
IV Rank28.2%4.7%91.2%29.7%23.7%
IV Percentile53.5%4.4%99.2%73.4%61.9%
Term Structure-16.3%-106.0%27.4%-20.3%-20.0%
VWIV74.0%42.7%105.8%90.1%90.1%
Skew 25d9.9%-128.6%88.9%7.6%88.9%
Skew 10d13.9%-193.2%65.8%31.2%65.8%
Call IV 25d75.2%44.7%224.2%112.3%44.7%
Put IV 25d85.2%47.9%133.6%119.8%133.6%
Bid-Ask Spread %129.60107.29155.18107.29124.25
Gamma HHI0.280.200.430.360.24
Net GEX5.0K2.2K7.3K6.6K5.0K
Net DEX-299.3K-474.5K-189.4K-474.5K-195.9K
Net VEX-641-750-517-746-607
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.040.000.520.000.00
Total Volume85.2733294294200
Total OI951.2735871,2731,273712

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$6.27$3.00119.2%34.2%59.4%29.7%90.1%7.6%-20.3%6.6K-474.5K-7460.00107.29N/AN/A29401,156117
2024-08-02$6.03$3.00104.5%30.0%60.0%24.5%105.8%-128.6%-54.2%5.2K-400.2K-7500.00126.35N/AN/A22511,101117
2024-08-05$6.04$6.00294.3%41.9%56.8%91.2%0.0%-16.1%-102.1%4.5K-342.2K-7170.52155.18N/AN/A4825984118
2024-08-06$6.22$6.00142.9%25.4%54.4%38.0%0.0%-12.7%-14.7%5.4K-358.1K-7020.00135.66N/AN/A830999138
2024-08-07$6.02$6.00261.6%19.1%56.2%79.7%83.4%-20.4%-0.0%5.4K-357.8K-6920.00154.73N/AN/A10001,059138
2024-08-08$6.30$6.00158.8%23.2%54.9%43.6%0.0%-14.1%-35.8%5.6K-374.9K-6930.00145.20N/AN/A11301,014138
2024-08-09$6.44$6.00132.6%25.9%50.4%34.4%64.1%54.9%-0.2%7.3K-430.7K-6130.19136.27N/AN/A118221,083138
2024-08-12$6.04$6.00116.9%16.5%55.5%28.9%96.3%31.6%-4.4%6.3K-310.8K-5440.00133.54N/AN/A310985118
2024-08-13$6.38$3.00210.3%29.7%58.5%61.7%99.8%49.7%7.7%6.7K-360.2K-5610.02135.43N/AN/A501962118
2024-08-14$6.21$3.0088.5%25.4%58.5%18.9%75.2%23.4%25.5%5.8K-317.5K-5170.03122.53N/AN/A291989119
2024-08-15$6.37$3.0084.8%24.3%58.7%17.6%59.6%34.5%10.1%2.2K-332.5K-5320.00141.64N/AN/A14501,001119
2024-08-16$6.48$3.0076.6%22.0%58.8%14.7%84.7%39.6%17.6%2.8K-355.3K-6020.04116.33N/AN/A2711,075119
2024-08-19$6.94$3.0062.8%18.0%60.9%9.9%71.9%1.2%-19.5%3.5K-213.3K-6090.01113.36N/AN/A151150087
2024-08-20$6.98$3.0052.3%15.0%60.4%6.2%61.8%-5.7%-0.6%5.2K-260.1K-6970.04113.68N/AN/A56261788
2024-08-21$6.92$3.0055.8%16.0%60.3%7.4%60.5%21.9%10.5%4.6K-254.4K-7210.02129.97N/AN/A42162190
2024-08-22$6.82$6.0048.3%13.8%60.6%4.8%52.7%-10.9%27.4%5.0K-254.2K-7200.00132.88N/AN/A46065191
2024-08-23$6.57$6.00130.6%37.5%62.1%33.7%42.7%-1.1%-106.0%3.7K-221.6K-6780.00132.97N/AN/A10062091
2024-08-26$6.55$6.0048.1%13.8%59.3%4.7%45.5%4.1%0.6%5.2K-199.7K-6020.00129.39N/AN/A6062491
2024-08-27$6.37$6.0084.9%24.4%55.2%17.6%90.1%48.8%-2.9%4.3K-191.8K-6140.00123.23N/AN/A11062291
2024-08-28$6.48$6.0068.5%19.6%54.7%11.9%0.0%13.1%-30.8%4.9K-190.1K-5940.00117.02N/AN/A3062191
2024-08-29$6.46$6.0085.3%24.4%54.3%17.8%0.0%9.2%-46.3%4.8K-189.4K-6000.00124.32N/AN/A33062491
2024-08-30$6.50$6.00102.2%29.3%52.2%23.7%0.0%88.9%-20.0%5.0K-195.9K-6070.00124.25N/AN/A020062191