SRTS Options History — September 2024

In September 2024, SRTS traded between $5.53 and $6.28. ATM implied volatility averaged 72.5%, placing in the 12.8% IV rank vs the trailing year. The 30-day expected move averaged 18.8%. IV traded above realized volatility by 19.4% (HV 20d: 53.1%). Max pain ranged from $2.50 to $6.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.06.

Notable Days

2024-09-24: Highest Volume — 135 contracts
2024-09-06: Largest IV spike — 53.9% change
2024-09-09: Highest IV Rank — 32.3%
2024-09-04: Largest Expected Move — 33.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.90	$5.53	$6.28	$6.23	$5.78
Max Pain	$3.35	$2.50	$6.00	$6.00	$5.00
ATM IV	72.5%	50.1%	126.5%	90.3%	74.2%
Expected Move	18.8%	14.0%	33.1%	25.9%	21.3%
HV 20d	53.1%	47.4%	60.8%	54.7%	54.4%
HV 60d	55.3%	52.5%	56.4%	55.1%	55.3%
IV Rank	12.8%	5.4%	32.3%	19.5%	12.4%
IV Percentile	27.7%	6.0%	76.2%	53.6%	33.3%
Term Structure	33.6%	-96.2%	321.2%	-29.0%	-20.7%
VWIV	64.2%	50.3%	76.1%	63.5%	59.3%
Skew 25d	9.9%	-29.4%	79.4%	44.3%	15.7%
Skew 10d	27.0%	-5.5%	101.8%	36.2%	60.2%
Call IV 25d	63.8%	43.8%	93.1%	58.3%	67.4%
Put IV 25d	73.8%	50.4%	132.2%	102.6%	83.1%
Bid-Ask Spread %	127.39	114.76	133.66	129.04	132.39
Gamma HHI	0.26	0.22	0.32	0.23	0.27
Net GEX	3.8K	2.6K	5.1K	4.2K	3.6K
Net DEX	-133.1K	-176.9K	-101.8K	-176.9K	-110.0K
Net VEX	-482	-582	-407	-582	-441
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.06	0.00	0.50	0.00	0.00
Total Volume	14.7	0	135	18	1
Total OI	911.15	799	952	912	937

Daily Data (20 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
2024-09-03	$6.23	$6.00	90.3%	25.9%	54.7%	19.5%	0.0%	44.3%	-29.0%	4.2K	-176.9K	-582	0.00	129.04	N/A	N/A	18	0	621	291
2024-09-04	$6.28	$6.00	115.3%	33.1%	53.8%	28.3%	0.0%	36.3%	-96.2%	4.4K	-172.4K	-561	0.00	130.42	N/A	N/A	0	0	612	291
2024-09-05	$6.28	$2.50	74.9%	14.0%	52.3%	14.1%	63.5%	-8.2%	25.4%	4.5K	-169.6K	-565	0.00	126.66	N/A	N/A	0	2	612	291
2024-09-06	$5.69	$2.50	115.2%	18.2%	60.8%	28.3%	0.0%	-4.7%	3.1%	3.2K	-130.9K	-509	0.00	128.10	N/A	N/A	3	0	612	289
2024-09-09	$5.76	$2.50	126.5%	18.2%	60.3%	32.3%	76.1%	-29.4%	11.4%	3.6K	-126.7K	-472	0.00	122.42	N/A	N/A	18	0	612	289
2024-09-10	$5.79	$2.50	73.2%	22.0%	56.3%	13.5%	0.0%	25.2%	19.0%	3.4K	-132.6K	-505	0.00	124.71	N/A	N/A	5	0	614	289
2024-09-11	$5.84	$2.50	61.8%	17.7%	52.4%	9.5%	0.0%	-20.9%	18.1%	3.7K	-132.5K	-506	0.00	129.40	N/A	N/A	0	0	616	289
2024-09-12	$5.81	$2.50	57.6%	16.5%	51.7%	8.1%	0.0%	-9.2%	18.8%	3.8K	-123.8K	-466	0.00	126.20	N/A	N/A	0	0	616	289
2024-09-13	$6.13	$2.50	50.1%	14.4%	54.6%	5.4%	64.7%	0.4%	31.4%	4.6K	-147.4K	-473	0.00	131.14	N/A	N/A	42	0	616	289
2024-09-16	$6.13	$2.50	54.1%	15.5%	54.2%	6.8%	0.0%	22.7%	26.2%	5.0K	-150.9K	-475	0.00	122.67	N/A	N/A	2	0	657	289
2024-09-17	$6.02	$2.50	63.6%	18.2%	47.4%	10.1%	59.8%	14.2%	28.3%	4.4K	-152.2K	-509	0.50	125.14	N/A	N/A	2	1	659	289
2024-09-18	$6.12	$2.50	52.3%	15.0%	47.9%	6.2%	0.0%	9.6%	29.3%	5.1K	-148.9K	-459	0.00	130.85	N/A	N/A	1	0	659	290
2024-09-19	$5.87	$2.50	59.7%	17.1%	49.5%	8.8%	0.0%	-1.3%	321.2%	4.5K	-127.5K	-454	0.10	127.90	N/A	N/A	10	1	660	290
2024-09-20	$5.83	$2.50	59.6%	17.1%	49.4%	8.7%	0.0%	10.0%	279.6%	2.8K	-105.8K	-407	0.00	128.70	N/A	N/A	0	0	662	290
2024-09-23	$5.54	$2.50	69.6%	19.9%	50.7%	10.8%	69.8%	28.7%	5.4%	2.6K	-101.9K	-420	0.00	123.48	N/A	N/A	15	0	511	288
2024-09-24	$5.63	$2.50	73.7%	21.1%	51.5%	12.2%	70.2%	0.3%	-6.7%	2.7K	-101.8K	-410	0.08	114.76	N/A	N/A	125	10	521	288
2024-09-25	$5.53	$5.00	58.7%	16.8%	51.1%	6.9%	50.3%	-13.6%	2.2%	2.7K	-106.1K	-463	0.20	127.86	N/A	N/A	20	4	632	298
2024-09-26	$5.81	$5.00	58.2%	16.7%	54.3%	6.7%	59.3%	-1.2%	3.0%	3.4K	-119.3K	-465	0.00	132.26	N/A	N/A	8	0	632	302
2024-09-27	$5.86	$5.00	61.7%	17.7%	54.5%	8.0%	0.0%	79.4%	1.3%	3.8K	-123.9K	-488	0.00	133.66	N/A	N/A	6	0	629	302
2024-09-30	$5.78	$5.00	74.2%	21.3%	54.4%	12.4%	0.0%	15.7%	-20.7%	3.6K	-110.0K	-441	0.00	132.39	N/A	N/A	1	0	635	302