SRTS Options History — December 2025

In December 2025, SRTS traded between $3.65 and $4.04. ATM implied volatility averaged 162.8%, placing in the 41.8% IV rank vs the trailing year. The 30-day expected move averaged 39.7%. IV traded above realized volatility by 111.1% (HV 20d: 51.7%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 2.31.

Notable Days

  • 2025-12-16: Highest Volume — 251 contracts
  • 2025-12-29: Largest IV spike — 166.0% change
  • 2025-12-05: Highest IV Rank — 80.7%
  • 2025-12-29: Largest Expected Move — 77.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.85$3.65$4.04$4.01$3.92
Max Pain$3.86$3.00$4.00$3.00$4.00
ATM IV162.8%73.2%278.6%267.4%110.4%
Expected Move39.7%20.5%77.2%76.7%31.7%
HV 20d51.7%32.5%101.7%101.7%37.5%
HV 60d64.7%63.5%65.5%63.7%65.4%
IV Rank41.8%11.7%80.7%77.0%24.2%
IV Percentile80.6%42.1%98.8%98.8%72.6%
Term Structure-31.7%-290.4%144.8%-290.4%-53.3%
VWIV99.2%46.2%161.6%94.5%136.9%
Skew 25d-7.3%-60.4%82.4%-33.2%-22.9%
Skew 10d46.4%-67.1%126.5%-10.0%57.3%
Call IV 25d117.1%64.3%174.1%105.1%146.4%
Put IV 25d109.8%64.7%162.7%71.9%123.5%
Bid-Ask Spread %138.47118.64161.36160.81133.89
Gamma HHI0.400.350.460.350.40
Net GEX362-8631.7K1.2K-415
Net DEX-101.3K-147.3K-57.7K-147.3K-97.7K
Net VEX-618-732-477-726-477
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.310.0012.560.210.11
Total Volume42.045025157111
Total OI1,726.2271,6371,9791,6371,702

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$4.01$3.00267.4%76.7%101.7%77.0%0.0%-33.2%-290.4%1.2K-147.3K-7260.21160.81N/AN/A4710974663
2025-12-02$4.04$3.00109.3%31.3%100.4%23.8%0.0%-56.3%-41.7%1.7K-137.0K-6878.67137.23N/AN/A326979673
2025-12-03$3.99$3.00144.6%41.4%90.6%35.7%0.0%-60.4%-72.9%1.6K-129.4K-7140.00135.38N/AN/A01981684
2025-12-04$4.00$4.00149.1%21.8%89.1%37.2%0.0%17.9%-5.6%1.5K-136.3K-7050.00132.11N/AN/A00981685
2025-12-05$3.88$4.00278.6%26.6%86.8%80.7%94.5%33.2%-12.7%1.3K-124.8K-7200.23152.00N/AN/A17540981685
2025-12-08$3.79$4.00262.2%53.4%52.7%75.2%0.0%62.6%42.6%818-109.0K-6570.00152.42N/AN/A010975725
2025-12-09$3.88$4.00269.5%20.5%52.2%77.7%75.2%-14.8%-16.3%996-118.3K-5871.50126.43N/AN/A23975735
2025-12-10$3.99$4.00190.4%54.6%52.7%51.1%161.6%82.4%2.4%1.0K-136.6K-7320.00148.56N/AN/A30975736
2025-12-11$3.92$4.00128.6%36.9%40.4%30.3%0.0%69.4%-20.0%1.0K-117.5K-6700.00138.98N/AN/A10977736
2025-12-12$3.84$4.0087.0%24.9%39.8%16.3%0.0%-2.5%-9.4%1.1K-117.9K-6400.00144.41N/AN/A20978736
2025-12-15$3.65$4.00191.7%55.0%41.0%51.5%0.0%-47.0%83.7%76-76.0K-5910.00142.63N/AN/A00980736
2025-12-16$3.77$4.00189.5%54.3%36.8%50.8%100.4%1.4%-39.8%517-79.5K-5470.00144.44N/AN/A0251980734
2025-12-17$3.73$4.0073.2%21.0%36.7%11.7%46.2%-7.9%22.2%-88-57.7K-6310.08125.54N/AN/A252980974
2025-12-18$3.81$4.0082.7%23.7%37.8%14.9%84.6%-14.5%144.8%-437-93.5K-5500.00150.74N/AN/A401,005972
2025-12-19$3.81$4.00131.9%37.8%36.8%31.4%146.7%1.3%-27.1%-602-77.0K-62612.56118.64N/AN/A91131,007972
2025-12-22$3.83$4.0093.5%26.8%36.2%18.5%117.5%-15.0%-18.1%-110-99.0K-5910.00130.29N/AN/A10744929
2025-12-23$3.83$4.0094.3%27.0%35.8%18.8%74.3%-46.4%-38.3%-716-83.9K-5463.33124.31N/AN/A310744929
2025-12-24$3.80$4.0096.3%27.6%33.5%19.4%0.0%-25.6%-40.6%-760-77.4K-5570.00127.11N/AN/A00747939
2025-12-26$3.77$4.00101.2%29.0%33.4%21.1%57.9%-15.0%-38.6%-851-74.5K-5130.20129.27N/AN/A5110747939
2025-12-29$3.77$4.00269.2%77.2%33.5%77.5%0.0%-11.4%-211.6%-863-69.4K-5340.00129.88N/AN/A10742949
2025-12-30$3.73$4.00261.4%74.9%32.5%74.9%94.1%-55.5%-57.5%-69-68.7K-58710.00161.36N/AN/A110743949
2025-12-31$3.92$4.00110.4%31.7%37.5%24.2%136.9%-22.9%-53.3%-415-97.7K-4770.11133.89N/AN/A10011743959