SUSA Options History — April 2022

In April 2022, SUSA traded between $89.07 and $97.85. ATM implied volatility averaged 23.9%, placing in the 52.1% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 3.3% (HV 20d: 20.6%). Max pain ranged from $95.00 to $95.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 1.13.

Notable Days

2022-04-01: Highest Volume — 45 contracts
2022-04-11: Largest IV spike — 52.5% change
2022-04-11: Highest IV Rank — 100.0%
2022-04-29: Largest Expected Move — 8.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$93.78	$89.07	$97.85	$96.58	$89.07
Max Pain	$95.00	$95.00	$95.00	$95.00	$95.00
ATM IV	23.9%	15.3%	39.3%	18.7%	28.9%
Expected Move	6.0%	4.4%	8.3%	5.5%	8.3%
HV 20d	20.6%	18.4%	23.6%	23.6%	23.1%
HV 60d	22.5%	21.9%	23.6%	21.9%	23.6%
IV Rank	52.1%	22.0%	100.0%	38.5%	66.3%
IV Percentile	78.7%	45.0%	100.0%	65.1%	95.6%
Term Structure	1.0%	-2.0%	5.9%	-1.5%	-2.0%
VWIV	19.1%	15.6%	23.5%	17.8%	23.5%
Skew 25d	7.7%	-3.8%	14.1%	1.8%	8.6%
Skew 10d	9.3%	4.0%	17.8%	5.4%	6.4%
Call IV 25d	15.8%	8.6%	20.5%	14.2%	19.0%
Put IV 25d	23.4%	15.0%	28.1%	16.0%	27.7%
Bid-Ask Spread %	118.37	110.04	126.79	112.91	123.66
Gamma HHI	0.58	0.50	0.69	0.61	0.51
Net GEX	-9.4K	-12.8K	-5.4K	-9.2K	-5.9K
Net DEX	87.9K	28.5K	140.3K	44.3K	140.3K
Net VEX	-329	-405	-209	-405	-209
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.13	1.10	1.20	1.14	1.15
Total Volume	41.35	0	45	45	43
Total OI	32.25	32	34	32	32

Daily Data (20 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
2022-04-01	$96.58	$95.00	18.7%	5.5%	23.6%	38.5%	17.8%	1.8%	-1.5%	-9.2K	44.3K	-405	1.14	112.91	N/A	N/A	21	24	8	24
2022-04-04	$97.85	$95.00	18.1%	4.6%	22.1%	36.0%	16.1%	11.3%	1.2%	-9.4K	28.5K	-362	1.14	118.81	N/A	N/A	21	24	8	24
2022-04-05	$96.62	$95.00	21.2%	4.9%	22.5%	47.7%	18.6%	4.1%	2.8%	-9.6K	40.0K	-384	1.14	126.79	N/A	N/A	21	24	8	24
2022-04-06	$95.62	$95.00	27.4%	5.7%	21.1%	71.1%	21.2%	10.5%	1.1%	-9.3K	70.0K	-395	1.14	110.76	N/A	N/A	21	24	8	24
2022-04-07	$96.45	$95.00	23.4%	5.2%	20.2%	56.2%	16.6%	11.5%	0.2%	-12.1K	58.0K	-378	1.14	112.29	N/A	N/A	21	24	8	24
2022-04-08	$95.96	$95.00	25.3%	4.7%	19.7%	63.4%	15.6%	6.7%	3.1%	-12.4K	57.7K	-383	1.14	110.04	N/A	N/A	21	24	8	24
2022-04-11	$94.15	$95.00	38.6%	5.8%	20.8%	100.0%	18.4%	14.1%	3.3%	-11.1K	78.4K	-362	1.14	121.35	N/A	N/A	21	24	8	24
2022-04-12	$93.40	$95.00	39.3%	6.9%	19.9%	100.0%	18.2%	6.3%	0.6%	-9.4K	90.6K	-372	1.14	113.07	N/A	N/A	21	24	9	24
2022-04-13	$94.71	$95.00	20.9%	6.0%	19.5%	40.2%	19.2%	13.8%	-1.3%	-10.0K	81.7K	-390	1.20	118.53	N/A	N/A	20	24	10	24
2022-04-14	$93.49	$95.00	15.3%	4.4%	19.1%	22.0%	16.5%	7.7%	5.9%	-12.8K	93.9K	-374	1.20	123.25	N/A	N/A	20	24	10	24
2022-04-18	$92.74	$95.00	19.9%	5.7%	18.4%	37.0%	20.4%	7.8%	4.9%	-9.3K	104.5K	-325	1.10	116.65	N/A	N/A	20	22	10	22
2022-04-19	$94.77	$95.00	17.6%	5.0%	20.1%	29.3%	17.5%	12.5%	1.7%	-11.1K	77.7K	-348	1.10	116.23	N/A	N/A	20	22	10	22
2022-04-20	$95.35	$95.00	18.6%	5.3%	19.2%	32.6%	18.9%	3.8%	2.9%	-10.7K	57.3K	-353	1.10	125.26	N/A	N/A	20	22	10	22
2022-04-21	$93.93	$95.00	19.0%	5.4%	19.3%	33.9%	18.5%	-3.8%	-0.8%	-11.0K	69.6K	-338	1.10	119.99	N/A	N/A	20	22	10	22
2022-04-22	$91.97	$95.00	23.4%	6.7%	20.5%	48.4%	22.4%	-0.4%	-1.9%	-8.0K	115.2K	-291	1.10	120.38	N/A	N/A	20	22	10	22
2022-04-25	$91.83	$95.00	23.0%	6.6%	20.4%	47.0%	19.4%	9.4%	0.2%	-7.6K	139.8K	-232	1.10	115.82	N/A	N/A	20	22	10	22
2022-04-26	$89.67	$95.00	27.6%	7.9%	21.2%	62.0%	22.3%	9.8%	-0.8%	-6.4K	138.9K	-224	1.10	117.57	N/A	N/A	20	22	10	22
2022-04-27	$89.76	$95.00	27.6%	7.9%	19.6%	61.9%	0.0%	5.5%	-1.4%	-5.4K	138.0K	-218	0.00	124.47	N/A	N/A	0	0	10	22
2022-04-28	$91.61	$95.00	23.5%	6.7%	21.4%	48.7%	21.5%	12.3%	1.4%	-7.3K	133.1K	-230	1.10	119.60	N/A	N/A	20	22	10	22
2022-04-29	$89.07	$95.00	28.9%	8.3%	23.1%	66.3%	23.5%	8.6%	-2.0%	-5.9K	140.3K	-209	1.15	123.66	N/A	N/A	20	23	10	22