SRTS Options History — March 2025

In March 2025, SRTS traded between $4.36 and $4.92. ATM implied volatility averaged 74.7%, placing in the 12.6% IV rank vs the trailing year. The 30-day expected move averaged 26.4%. IV traded below realized volatility by 0.5% (HV 20d: 75.2%). Max pain ranged from $5.00 to $6.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.72.

Notable Days

  • 2025-03-03: Highest Volume — 185 contracts
  • 2025-03-07: Largest IV spike — 54.0% change
  • 2025-03-04: Highest IV Rank — 21.5%
  • 2025-03-13: Largest Expected Move — 68.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.64$4.36$4.92$4.44$4.79
Max Pain$5.24$5.00$6.00$5.00$6.00
ATM IV74.7%45.1%99.5%77.1%46.5%
Expected Move26.4%17.4%68.3%22.1%19.3%
HV 20d75.2%51.9%160.4%159.4%51.9%
HV 60d109.6%108.4%110.4%108.4%109.9%
IV Rank12.6%2.1%21.5%13.5%2.6%
IV Percentile37.8%0.8%67.9%42.9%1.6%
Term Structure7.6%-24.0%73.2%14.6%31.8%
VWIV83.9%40.3%116.8%116.1%84.1%
Skew 25d-1.2%-18.8%32.1%-13.5%32.1%
Skew 10d25.9%-109.3%145.0%40.0%37.0%
Call IV 25d73.9%44.2%101.8%99.0%44.6%
Put IV 25d72.7%49.8%99.9%85.4%76.7%
Bid-Ask Spread %133.38106.45185.77120.26143.85
Gamma HHI0.320.240.380.380.24
Net GEX2.2K1.4K3.4K2.1K1.9K
Net DEX-47.2K-73.1K-27.9K-43.2K-34.6K
Net VEX-1.0K-1.2K-909-993-913
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.0010.000.580.00
Total Volume26.95201851853
Total OI1,752.5241,5431,8981,6841,560

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$4.44$5.0077.1%22.1%159.4%13.5%116.1%-13.5%14.6%2.1K-43.2K-9930.58120.26N/AN/A117681,090594
2025-03-04$4.53$5.0099.5%28.5%160.4%21.5%97.8%0.2%-6.1%2.4K-53.0K-1.1K1.71116.75N/AN/A14241,166662
2025-03-05$4.69$5.0092.2%26.4%160.3%18.9%0.0%-10.3%10.5%2.7K-52.6K-1.2K0.00123.28N/AN/A2201,157682
2025-03-06$4.47$5.0062.8%18.0%156.2%8.4%40.3%-0.8%5.0%2.2K-34.2K-1.1K0.04111.95N/AN/A2511,163682
2025-03-07$4.61$5.0096.7%27.7%52.8%20.5%96.0%0.9%19.6%2.6K-60.3K-1.1K0.00106.45N/AN/A011,188642
2025-03-10$4.36$5.0091.9%26.3%54.9%18.8%0.0%-18.8%-16.7%2.0K-39.2K-1.0K0.00118.13N/AN/A801,188642
2025-03-11$4.43$5.0066.2%27.0%53.0%9.6%0.0%-17.9%-2.4%2.3K-62.9K-1.1K0.00121.50N/AN/A901,196642
2025-03-12$4.56$5.0098.8%27.5%55.1%21.2%116.8%-2.4%-7.5%2.6K-58.2K-1.1K0.00120.36N/AN/A201,189642
2025-03-13$4.43$5.0085.2%68.3%54.6%16.4%0.0%4.2%-1.4%2.2K-57.0K-1.1K0.00109.32N/AN/A011,191642
2025-03-14$4.58$5.0074.3%34.2%56.7%12.5%0.0%-4.7%-12.0%2.5K-43.4K-1.0K0.00113.23N/AN/A501,191643
2025-03-17$4.85$5.0081.6%18.8%61.4%15.1%66.4%-11.8%-24.0%3.4K-73.1K-1.1K0.00129.07N/AN/A3301,194643
2025-03-18$4.75$5.0073.7%24.7%57.2%12.3%67.3%-4.6%28.9%3.0K-61.5K-1.0K0.00121.32N/AN/A2801,213643
2025-03-19$4.76$5.0067.8%19.1%56.0%10.2%70.2%-7.8%-2.1%2.9K-57.5K-1.0K0.00124.90N/AN/A1101,213643
2025-03-20$4.74$0.0059.8%0.0%55.8%7.3%0.0%-2.5%0.0%1.7K-34.1K-98410.00184.80N/AN/A3301,223643
2025-03-21$4.72$0.0068.6%0.0%54.3%10.4%0.0%3.5%24.0%1.7K-42.4K-1.0K0.26185.77N/AN/A38101,225673
2025-03-24$4.79$0.0070.3%26.7%53.7%11.1%0.0%-5.4%-3.1%1.9K-36.4K-9500.01150.61N/AN/A931933610
2025-03-25$4.92$0.0065.2%17.4%54.3%9.2%84.1%21.5%-5.4%2.2K-54.6K-1.0K0.33145.23N/AN/A31936611
2025-03-26$4.62$6.0071.0%29.9%57.7%11.3%0.0%-3.2%73.2%1.6K-27.9K-9360.00153.98N/AN/A20937611
2025-03-27$4.72$6.0073.9%21.2%56.9%12.3%0.0%10.5%-2.6%1.6K-31.3K-9300.00150.12N/AN/A00939611
2025-03-28$4.69$6.0045.1%18.8%56.9%2.1%0.0%5.6%28.3%1.4K-33.0K-9090.00150.12N/AN/A130939611
2025-03-31$4.79$6.0046.5%19.3%51.9%2.6%0.0%32.1%31.8%1.9K-34.6K-9130.00143.85N/AN/A30949611