SUSA Options History — January 2023

In January 2023, SUSA traded between $81.72 and $87.44. ATM implied volatility averaged 20.7%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 2.4% (HV 20d: 18.3%). Max pain ranged from $68.00 to $84.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-01-19: Highest Volume — 1 contracts
  • 2023-01-09: Largest IV spike — 36.7% change
  • 2023-01-10: Highest IV Rank — 31.5%
  • 2023-01-03: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$85.06$81.72$87.44$81.83$87.23
Max Pain$69.60$68.00$84.00$84.00$68.00
ATM IV20.7%15.3%26.7%25.1%21.4%
Expected Move5.7%4.4%7.2%7.2%6.1%
HV 20d18.3%15.3%20.4%19.3%15.3%
HV 60d23.4%22.0%25.2%25.2%22.0%
IV Rank17.2%4.1%31.5%29.0%18.9%
IV Percentile21.6%0.8%59.9%49.6%23.8%
Term Structure-0.4%-9.3%5.2%-4.9%-3.4%
VWIV27.1%27.1%27.1%27.1%27.1%
Skew 25d3.1%-2.6%8.6%0.2%7.6%
Skew 10d6.3%1.8%14.6%9.3%6.0%
Call IV 25d17.4%12.0%22.5%20.5%17.1%
Put IV 25d20.5%17.0%28.0%20.7%24.7%
Bid-Ask Spread %128.01111.26137.23131.84126.96
Gamma HHI0.350.260.520.260.42
Net GEX2.5K1.7K3.2K1.7K2.9K
Net DEX-23.5K-30.3K-15.6K-16.0K-26.3K
Net VEX-117-125-109-125-117
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.10100
Total OI16.9516171717

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$81.83$84.0025.1%7.2%19.3%29.0%0.0%0.2%-4.9%1.7K-16.0K-1250.00131.84N/AN/A00710
2023-01-04$82.16$84.0024.1%6.9%18.4%25.4%0.0%8.6%3.3%1.8K-16.4K-1200.00130.16N/AN/A00710
2023-01-05$81.72$68.0026.6%6.0%18.1%31.4%0.0%1.2%4.6%1.8K-15.6K-1160.00111.26N/AN/A00710
2023-01-06$83.78$68.0019.4%5.8%20.4%13.9%0.0%4.6%-0.3%2.4K-20.3K-1180.00117.15N/AN/A00710
2023-01-09$83.96$68.0026.5%6.2%20.3%31.0%0.0%1.8%-2.4%2.2K-22.2K-1180.00129.25N/AN/A00710
2023-01-10$84.32$68.0026.7%6.1%20.4%31.5%0.0%1.5%-2.3%2.3K-23.8K-1190.00130.67N/AN/A00710
2023-01-11$85.32$68.0020.8%6.0%20.4%17.3%0.0%2.9%-0.8%2.6K-24.8K-1160.00125.49N/AN/A00710
2023-01-12$85.70$68.0015.3%4.4%20.3%4.1%0.0%1.3%3.5%2.8K-27.2K-1190.00131.50N/AN/A00710
2023-01-13$86.25$68.0019.2%5.5%20.1%13.5%0.0%5.0%-0.7%2.7K-28.3K-1190.00122.25N/AN/A00710
2023-01-17$86.00$68.0019.0%5.4%17.7%13.0%0.0%1.9%-1.1%2.4K-30.3K-1210.00135.02N/AN/A00710
2023-01-18$84.78$68.0019.8%5.7%18.2%15.0%0.0%2.1%-1.0%2.6K-25.1K-1130.00137.23N/AN/A00710
2023-01-19$84.09$68.0016.8%4.8%17.7%7.7%0.0%7.0%5.2%2.7K-22.8K-1110.00133.16N/AN/A10710
2023-01-20$85.26$68.0017.2%4.9%18.3%8.8%0.0%-0.0%4.2%3.2K-25.7K-1090.00130.94N/AN/A00710
2023-01-23$86.37$68.0021.9%6.3%18.3%20.0%27.1%2.6%-9.3%2.0K-22.4K-1130.00129.80N/AN/A10610
2023-01-24$86.03$68.0017.9%5.1%17.0%10.3%0.0%1.5%0.5%2.8K-24.1K-1180.00133.56N/AN/A00710
2023-01-25$85.94$68.0018.5%5.3%16.9%11.9%0.0%6.2%2.2%2.8K-21.4K-1130.00127.25N/AN/A00710
2023-01-26$86.69$68.0017.8%5.1%17.1%10.2%0.0%-2.6%2.5%2.9K-23.9K-1170.00124.14N/AN/A00710
2023-01-27$87.44$68.0019.8%5.7%15.8%14.9%0.0%8.0%-3.4%2.8K-28.0K-1210.00123.18N/AN/A00710
2023-01-30$86.39$68.0020.6%5.9%15.5%17.0%0.0%1.1%-3.9%2.9K-25.9K-1180.00129.36N/AN/A00710
2023-01-31$87.23$68.0021.4%6.1%15.3%18.9%0.0%7.6%-3.4%2.9K-26.3K-1170.00126.96N/AN/A00710