SRTS Options History — February 2026

In February 2026, SRTS traded between $3.79 and $5.17. ATM implied volatility averaged 159.0%, placing in the 36.6% IV rank vs the trailing year. The 30-day expected move averaged 45.4%. IV traded above realized volatility by 81.1% (HV 20d: 77.9%). Max pain ranged from $1.00 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 0.12.

Notable Days

2026-02-13: Highest Volume — 172 contracts
2026-02-19: Largest IV spike — 225.7% change
2026-02-26: Highest IV Rank — 95.3%
2026-02-26: Largest Expected Move — 101.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.39	$3.79	$5.17	$5.17	$4.10
Max Pain	$2.88	$1.00	$5.00	$5.00	$1.00
ATM IV	159.0%	83.3%	352.9%	109.4%	107.5%
Expected Move	45.4%	23.9%	101.2%	31.4%	30.8%
HV 20d	77.9%	43.7%	84.6%	83.8%	81.3%
HV 60d	69.1%	59.8%	74.3%	74.3%	72.0%
IV Rank	36.6%	13.6%	95.3%	21.5%	21.0%
IV Percentile	76.1%	48.4%	99.6%	71.0%	65.9%
Term Structure	-56.3%	-275.6%	37.0%	-17.9%	-58.3%
VWIV	112.7%	77.2%	155.8%	77.2%	104.9%
Skew 25d	36.7%	-53.3%	120.8%	75.2%	21.9%
Skew 10d	33.8%	-197.0%	137.0%	73.7%	31.6%
Call IV 25d	147.3%	58.3%	343.3%	58.3%	144.1%
Put IV 25d	183.9%	68.3%	392.2%	133.5%	166.0%
Bid-Ask Spread %	142.60	120.29	171.13	120.29	144.94
Gamma HHI	0.41	0.32	0.48	0.43	0.44
Net GEX	3.7K	1.8K	5.7K	4.8K	3.4K
Net DEX	-270.5K	-383.1K	-161.5K	-375.4K	-184.4K
Net VEX	-849	-1.1K	-657	-1.0K	-689
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.12	0.00	1.00	0.00	1.00
Total Volume	28.105	0	172	23	20
Total OI	1,391.368	1,027	1,644	1,319	1,027

Daily Data (19 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
2026-02-02	$5.17	$5.00	109.4%	31.4%	83.8%	21.5%	0.0%	75.2%	-17.9%	4.8K	-375.4K	-1.0K	0.00	120.29	N/A	N/A	23	0	1,216	103
2026-02-03	$5.17	$5.00	97.2%	27.9%	79.7%	17.8%	0.0%	62.6%	-6.4%	4.5K	-369.1K	-1.1K	0.00	141.83	N/A	N/A	0	0	1,236	103
2026-02-04	$4.84	$5.00	239.2%	68.6%	83.3%	60.8%	77.2%	105.5%	-122.0%	2.9K	-358.3K	-1.0K	0.00	159.97	N/A	N/A	24	0	1,236	103
2026-02-05	$4.88	$0.00	109.3%	27.4%	83.3%	21.5%	0.0%	-8.3%	-29.3%	3.9K	-307.4K	-921	0.00	134.82	N/A	N/A	41	0	1,253	103
2026-02-06	$5.02	$0.00	135.2%	50.8%	83.7%	29.3%	155.8%	-53.3%	-81.5%	5.1K	-357.3K	-1.0K	0.00	147.91	N/A	N/A	140	0	1,393	103
2026-02-09	$4.90	$5.00	138.5%	26.2%	80.4%	30.3%	0.0%	8.5%	27.3%	5.4K	-383.1K	-1.1K	0.00	124.18	N/A	N/A	20	0	1,513	103
2026-02-10	$4.96	$5.00	113.0%	34.6%	79.0%	22.6%	0.0%	21.6%	37.0%	5.7K	-358.3K	-1.1K	0.00	138.34	N/A	N/A	0	0	1,528	103
2026-02-11	$4.83	$5.00	98.3%	28.2%	52.3%	18.1%	0.0%	3.2%	-13.0%	5.4K	-346.7K	-991	0.00	121.48	N/A	N/A	10	0	1,528	103
2026-02-12	$4.71	$5.00	246.8%	70.8%	43.7%	63.2%	0.0%	42.2%	-26.1%	3.9K	-373.5K	-1.0K	0.40	171.13	N/A	N/A	20	8	1,538	103
2026-02-13	$3.83	$5.00	157.9%	45.3%	84.6%	36.2%	0.0%	35.1%	-13.7%	2.6K	-161.5K	-717	0.03	167.47	N/A	N/A	167	5	1,538	106
2026-02-17	$3.79	$1.00	83.3%	23.9%	80.5%	13.6%	0.0%	4.8%	-26.4%	2.9K	-184.3K	-702	0.00	134.05	N/A	N/A	0	0	1,536	35
2026-02-18	$3.89	$1.00	83.8%	24.0%	81.3%	13.8%	0.0%	6.4%	-25.5%	2.5K	-237.2K	-664	0.00	137.96	N/A	N/A	0	0	1,536	35
2026-02-19	$3.88	$1.00	273.0%	78.3%	81.3%	71.1%	0.0%	15.8%	-62.4%	1.8K	-251.3K	-713	0.00	146.69	N/A	N/A	2	0	1,536	35
2026-02-20	$3.87	$1.00	87.0%	24.9%	81.4%	14.7%	0.0%	6.6%	-27.9%	2.4K	-221.5K	-696	0.04	137.96	N/A	N/A	50	2	1,537	15
2026-02-23	$3.84	$1.00	105.2%	30.1%	81.4%	20.2%	0.0%	119.2%	-66.6%	3.0K	-167.8K	-696	0.00	139.69	N/A	N/A	0	0	1,021	12
2026-02-24	$3.86	$1.00	227.1%	65.1%	79.5%	57.2%	0.0%	120.8%	-42.0%	2.9K	-169.6K	-705	0.00	132.01	N/A	N/A	0	0	1,021	12
2026-02-25	$3.94	$1.00	257.3%	73.8%	80.0%	66.3%	0.0%	71.8%	-238.8%	3.2K	-164.9K	-677	0.00	158.72	N/A	N/A	0	0	1,021	12
2026-02-26	$4.00	$1.00	352.9%	101.2%	80.2%	95.3%	104.9%	37.1%	-275.6%	3.3K	-168.7K	-657	0.00	150.04	N/A	N/A	2	0	1,021	12
2026-02-27	$4.10	$1.00	107.5%	30.8%	81.3%	21.0%	0.0%	21.9%	-58.3%	3.4K	-184.4K	-689	1.00	144.94	N/A	N/A	10	10	1,015	12