SRTS Options History — August 2025

In August 2025, SRTS traded between $3.13 and $5.65. ATM implied volatility averaged 86.6%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 19.5%. IV traded below realized volatility by 68.4% (HV 20d: 155.0%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 2.56.

Notable Days

  • 2025-08-13: Highest Volume — 261 contracts
  • 2025-08-13: Largest IV drop — 78.1% change
  • 2025-08-12: Highest IV Rank — 82.6%
  • 2025-08-01: Largest Expected Move — 40.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.79$3.13$5.65$5.65$3.36
Max Pain$4.24$4.00$5.00$4.00$4.00
ATM IV86.6%52.2%247.1%140.4%52.2%
Expected Move19.5%15.0%40.2%40.2%15.0%
HV 20d155.0%89.5%184.4%90.2%163.8%
HV 60d98.4%60.7%110.7%60.7%110.3%
IV Rank18.8%5.2%82.6%39.7%5.2%
IV Percentile44.9%6.3%99.2%89.7%6.3%
Term Structure-9.4%-53.3%23.9%-19.5%11.6%
VWIV95.0%66.6%123.0%76.6%123.0%
Skew 25d-22.7%-98.0%28.8%10.9%-17.9%
Skew 10d15.9%-197.9%145.3%-26.1%-19.1%
Call IV 25d90.0%46.5%148.9%73.7%79.3%
Put IV 25d67.3%34.9%108.0%84.7%61.3%
Bid-Ask Spread %109.2092.98130.79125.37108.49
Gamma HHI0.340.270.430.300.38
Net GEX65-1.0K2.8K2.2K-1.0K
Net DEX-2.6K-237.8K88.6K-237.8K65.1K
Net VEX-776-978-643-865-763
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.560.0022.730.000.00
Total Volume40.714026100
Total OI1,526.9521,3691,8501,4841,492

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$5.65$4.00140.4%40.2%90.2%39.7%0.0%10.9%-19.5%2.2K-237.8K-8650.00125.37N/AN/A00799685
2025-08-04$5.58$5.0072.0%24.3%89.5%12.9%0.0%-1.6%-5.6%2.8K-230.3K-8520.00116.33N/AN/A700799685
2025-08-05$5.22$5.0095.0%23.8%93.5%21.9%0.0%-14.4%-15.9%2.4K-198.9K-9780.00114.49N/AN/A160839685
2025-08-06$5.21$5.00102.6%23.3%93.4%24.9%0.0%14.6%-24.3%2.0K-189.7K-9440.00109.83N/AN/A020840695
2025-08-07$5.33$5.00112.1%16.6%93.5%28.6%0.0%-5.2%23.9%1.9K-205.1K-9413.17130.79N/AN/A619840705
2025-08-08$3.44$5.00108.7%18.1%181.1%27.6%76.6%-98.0%-32.0%-1.0K82.8K-7210.28123.88N/AN/A7922846714
2025-08-11$3.19$4.00156.0%20.1%182.0%46.4%122.6%28.7%-10.3%-67181.2K-6500.1492.98N/AN/A7310902674
2025-08-12$3.17$4.00247.1%18.2%182.0%82.6%80.5%28.8%2.7%-42669.3K-6840.35106.35N/AN/A5419960673
2025-08-13$3.41$4.0054.1%15.5%184.4%6.0%100.5%-61.2%4.3%-44951.7K-77222.73106.37N/AN/A11250967682
2025-08-14$3.41$4.0062.3%17.9%184.0%9.2%0.0%-49.6%-13.0%-53155.1K-7720.00111.41N/AN/A180960890
2025-08-15$3.37$4.0054.0%15.5%183.9%5.9%0.0%-54.7%8.2%-39340.6K-7810.00106.01N/AN/A00967866
2025-08-18$3.35$4.0053.1%15.2%182.3%5.6%66.6%-49.4%-9.1%-58249.6K-7240.0093.12N/AN/A40725645
2025-08-19$3.23$4.0064.2%18.4%182.4%10.0%0.0%-55.8%-17.5%-28045.4K-7170.0096.76N/AN/A0100726643
2025-08-20$3.18$4.0065.3%18.7%181.4%10.4%0.0%21.9%1.4%-60468.4K-7394.00104.06N/AN/A312726718
2025-08-21$3.29$4.0054.1%15.5%163.8%6.0%0.0%-69.4%8.4%-61957.8K-7800.00107.52N/AN/A00727724
2025-08-22$3.26$4.0063.4%18.2%163.9%9.7%0.0%-50.0%-8.1%-55557.5K-7640.00121.36N/AN/A00727724
2025-08-25$3.13$4.0066.2%19.0%163.9%10.8%0.0%10.5%1.9%-59974.3K-7080.0099.02N/AN/A01727724
2025-08-26$3.29$4.0055.0%15.8%166.1%6.3%123.0%-49.4%-13.8%-60853.5K-7450.00105.11N/AN/A60727708
2025-08-27$3.25$4.0066.1%19.0%166.1%10.7%0.0%-36.1%-36.6%-63288.6K-6430.00104.63N/AN/A050732708
2025-08-28$3.29$4.0075.0%21.5%164.4%14.3%0.0%21.0%-53.3%-1.0K65.8K-7500.00109.42N/AN/A120732758
2025-08-29$3.36$4.0052.2%15.0%163.8%5.2%0.0%-17.9%11.6%-1.0K65.1K-7630.00108.49N/AN/A00734758