SRTS Options History — January 2026

In January 2026, SRTS traded between $4.14 and $5.45. ATM implied volatility averaged 138.7%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 31.6%. IV traded above realized volatility by 66.5% (HV 20d: 72.3%). Max pain ranged from $3.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.18.

Notable Days

  • 2026-01-13: Highest Volume — 441 contracts
  • 2026-01-07: Largest IV spike — 149.9% change
  • 2026-01-07: Highest IV Rank — 100.0%
  • 2026-01-28: Largest Expected Move — 77.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.88$4.14$5.45$4.14$5.11
Max Pain$3.55$3.00$5.00$4.00$5.00
ATM IV138.7%50.3%368.4%80.3%94.9%
Expected Move31.6%14.4%77.3%23.0%27.2%
HV 20d72.3%42.1%86.5%42.1%85.2%
HV 60d74.5%65.8%79.0%65.8%78.5%
IV Rank30.8%3.6%100.0%14.1%17.1%
IV Percentile67.2%7.1%100.0%49.6%61.9%
Term Structure-12.2%-146.4%126.3%-13.0%-1.5%
VWIV83.5%50.9%113.8%91.1%50.9%
Skew 25d13.1%-140.9%118.3%-7.3%52.7%
Skew 10d13.7%-99.8%194.8%-18.6%20.2%
Call IV 25d112.3%47.4%301.1%98.3%69.2%
Put IV 25d125.3%83.0%259.1%91.1%121.9%
Bid-Ask Spread %140.12121.93176.63124.90123.03
Gamma HHI0.380.290.450.330.42
Net GEX2.8K565.1K2.2K4.2K
Net DEX-313.7K-470.6K-183.2K-183.2K-359.7K
Net VEX-681-1.1K-253-329-1.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.001.001.000.00
Total Volume68.70441202
Total OI1,606.71,0862,2631,8131,317

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$4.14$4.0080.3%23.0%42.1%14.1%91.1%-7.3%-13.0%2.2K-183.2K-3291.00124.90N/AN/A1010843970
2026-01-05$4.49$3.00105.6%24.1%50.7%22.6%113.8%64.8%3.1%535-229.2K-4170.07155.91N/AN/A614853960
2026-01-06$4.40$3.00147.4%38.3%49.8%36.6%0.0%-13.1%25.8%1.7K-228.9K-3750.18150.22N/AN/A112840960
2026-01-07$4.45$3.00368.4%75.5%48.6%100.0%0.0%10.8%-66.0%56-188.0K-5290.00176.63N/AN/A00837960
2026-01-08$4.48$3.00129.6%21.3%48.3%27.6%0.0%1.9%25.6%2.1K-248.8K-2530.00133.26N/AN/A00847960
2026-01-09$4.82$3.00300.6%20.4%53.2%79.4%87.9%5.1%-29.1%1.0K-284.9K-2840.00137.46N/AN/A1950847960
2026-01-12$4.63$3.00170.8%19.6%55.3%40.1%0.0%3.3%-10.9%2.3K-277.4K-3750.00136.61N/AN/A40939960
2026-01-13$5.45$3.00129.4%23.9%76.8%27.6%95.5%-83.8%-10.1%3.4K-415.8K-2850.00144.83N/AN/A4392938960
2026-01-14$5.00$3.00112.9%32.4%81.9%22.6%71.2%0.5%21.6%5.1K-418.6K-7350.29153.68N/AN/A55161,288962
2026-01-15$4.95$3.0075.4%21.6%82.1%11.2%103.7%-18.9%126.3%4.2K-415.2K-6950.00137.06N/AN/A1901,284978
2026-01-16$5.24$3.0073.6%21.1%83.0%10.7%72.3%47.8%-19.9%2.7K-470.6K-6670.30133.03N/AN/A170511,285978
2026-01-20$5.03$3.0050.3%14.4%85.4%3.6%55.2%50.5%83.0%2.6K-303.3K-9410.11150.69N/AN/A4651,00779
2026-01-21$5.01$3.0054.0%15.5%85.5%4.7%0.0%35.8%10.8%3.3K-292.5K-8740.00163.45N/AN/A001,03386
2026-01-22$4.96$3.0087.4%25.1%85.9%14.9%87.4%52.3%-12.0%3.4K-306.0K-9470.30121.93N/AN/A2061,03386
2026-01-23$4.88$3.00142.6%40.9%86.4%31.6%73.2%24.4%-146.4%2.6K-297.7K-8630.71128.46N/AN/A14101,05392
2026-01-26$5.07$5.00163.2%46.8%86.5%37.8%87.2%118.3%-10.2%3.2K-307.6K-9550.02139.07N/AN/A4411,049102
2026-01-27$5.12$5.00134.1%38.5%86.2%29.0%96.4%12.5%-91.1%3.8K-341.2K-9890.00126.26N/AN/A16501,090103
2026-01-28$5.17$5.00269.6%77.3%86.0%70.1%50.9%-140.9%-118.9%4.0K-360.8K-1.1K0.00141.83N/AN/A1101,194103
2026-01-29$5.12$5.0084.9%24.3%86.0%14.1%0.0%44.9%-10.3%4.3K-345.2K-1.0K0.00124.02N/AN/A101,195103
2026-01-30$5.11$5.0094.9%27.2%85.2%17.1%0.0%52.7%-1.5%4.2K-359.7K-1.0K0.00123.03N/AN/A201,214103