SRTS Options History — November 2024

In November 2024, SRTS traded between $6.41 and $8.90. ATM implied volatility averaged 110.5%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 22.1%. IV traded above realized volatility by 60.3% (HV 20d: 50.3%). Max pain ranged from $5.00 to $8.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 2.45.

Notable Days

2024-11-15: Highest Volume — 501 contracts
2024-11-14: Largest IV drop — 66.5% change
2024-11-11: Highest IV Rank — 82.6%
2024-11-13: Largest Expected Move — 58.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.68	$6.41	$8.90	$6.56	$8.62
Max Pain	$6.05	$5.00	$8.00	$7.00	$8.00
ATM IV	110.5%	47.0%	270.7%	104.3%	58.7%
Expected Move	22.1%	13.5%	58.0%	29.9%	16.8%
HV 20d	50.3%	44.9%	57.9%	47.3%	48.5%
HV 60d	49.6%	46.3%	51.5%	50.6%	51.1%
IV Rank	25.4%	2.7%	82.6%	23.2%	6.9%
IV Percentile	43.8%	1.6%	98.0%	63.5%	12.7%
Term Structure	-4.8%	-60.0%	24.5%	24.5%	-5.3%
VWIV	71.2%	35.6%	144.2%	144.2%	35.6%
Skew 25d	-2.1%	-36.7%	32.5%	-9.9%	-2.4%
Skew 10d	4.2%	-30.2%	29.4%	-29.3%	21.7%
Call IV 25d	73.3%	40.4%	181.4%	102.4%	41.1%
Put IV 25d	71.3%	34.3%	213.9%	92.5%	38.7%
Bid-Ask Spread %	127.30	105.90	145.46	129.16	130.59
Gamma HHI	0.40	0.28	0.91	0.44	0.28
Net GEX	5.9K	2.9K	20.8K	3.6K	5.8K
Net DEX	-297.9K	-453.5K	-146.2K	-146.2K	-390.2K
Net VEX	-603	-838	-439	-468	-801
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.45	0.00	35.00	0.00	35.00
Total Volume	74.25	0	501	2	0
Total OI	886.4	734	1,081	734	1,081

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
2024-11-01	$6.56	$7.00	104.3%	29.9%	47.3%	23.2%	0.0%	-9.9%	24.5%	3.6K	-146.2K	-468	0.00	129.16	N/A	N/A	2	0	503	231
2024-11-04	$6.41	$5.00	164.0%	31.7%	48.1%	44.5%	144.2%	-36.7%	19.8%	2.9K	-153.2K	-469	0.00	145.25	N/A	N/A	6	0	505	231
2024-11-05	$6.55	$5.00	123.0%	26.5%	46.9%	29.9%	0.0%	23.0%	14.4%	3.5K	-156.2K	-460	0.00	145.46	N/A	N/A	0	0	511	231
2024-11-06	$6.71	$5.00	190.4%	25.2%	46.1%	54.0%	0.0%	-31.3%	-24.0%	3.3K	-177.1K	-456	0.00	138.35	N/A	N/A	3	0	512	231
2024-11-07	$6.59	$5.00	158.9%	21.9%	46.7%	42.7%	0.0%	2.0%	18.2%	3.8K	-155.8K	-443	0.00	126.15	N/A	N/A	60	0	512	231
2024-11-08	$6.75	$5.00	200.3%	33.3%	44.9%	57.5%	117.8%	16.3%	-60.0%	4.1K	-199.2K	-518	5.00	120.11	N/A	N/A	2	10	572	231
2024-11-11	$7.03	$5.00	270.7%	20.6%	47.0%	82.6%	87.1%	-6.4%	-34.1%	4.5K	-224.3K	-494	0.30	116.85	N/A	N/A	20	6	573	231
2024-11-12	$7.12	$5.00	194.1%	21.6%	46.5%	55.3%	81.1%	-1.9%	-26.5%	4.9K	-234.5K	-495	0.03	117.38	N/A	N/A	29	1	581	237
2024-11-13	$6.94	$5.00	202.2%	58.0%	45.5%	58.1%	94.5%	32.5%	-7.8%	20.8K	-194.5K	-445	0.00	135.79	N/A	N/A	18	0	604	238
2024-11-14	$7.22	$5.00	67.8%	19.4%	47.4%	10.2%	79.4%	-27.3%	-8.3%	6.1K	-259.8K	-475	0.01	125.62	N/A	N/A	225	3	617	238
2024-11-15	$7.70	$5.00	54.4%	15.6%	51.4%	5.4%	65.8%	-6.2%	0.2%	3.4K	-372.4K	-439	0.11	123.47	N/A	N/A	453	48	673	240
2024-11-18	$8.36	$5.00	54.2%	15.5%	57.9%	5.3%	51.8%	14.2%	-5.1%	6.8K	-356.7K	-657	0.02	126.72	N/A	N/A	118	2	615	248
2024-11-19	$8.42	$5.00	56.4%	16.2%	57.4%	6.1%	56.8%	-3.0%	4.1%	7.1K	-378.0K	-701	3.13	120.58	N/A	N/A	16	50	661	247
2024-11-20	$8.90	$7.00	48.8%	14.0%	54.5%	3.4%	52.5%	6.6%	12.6%	5.9K	-435.1K	-700	0.08	105.90	N/A	N/A	125	10	667	290
2024-11-21	$8.89	$7.00	50.7%	14.5%	54.9%	4.0%	47.7%	-13.6%	-16.0%	6.1K	-434.5K	-765	0.24	114.72	N/A	N/A	88	21	688	300
2024-11-22	$8.83	$8.00	47.0%	13.5%	55.1%	2.7%	42.9%	4.9%	12.2%	6.0K	-439.4K	-838	0.02	123.56	N/A	N/A	46	1	725	321
2024-11-25	$8.88	$8.00	52.3%	15.0%	52.6%	4.6%	38.9%	-3.4%	8.8%	6.2K	-453.5K	-803	0.22	127.71	N/A	N/A	23	5	729	321
2024-11-26	$8.64	$8.00	57.9%	16.6%	54.4%	6.6%	0.0%	5.6%	-19.3%	6.4K	-411.1K	-837	0.00	138.56	N/A	N/A	58	0	730	326
2024-11-27	$8.54	$8.00	54.8%	15.7%	52.2%	5.5%	35.6%	-4.2%	-3.7%	6.5K	-387.0K	-800	35.00	134.00	N/A	N/A	1	35	720	326
2024-11-29	$8.62	$8.00	58.7%	16.8%	48.5%	6.9%	0.0%	-2.4%	-5.3%	5.8K	-390.2K	-801	0.00	130.59	N/A	N/A	0	0	720	361