SUSA Options History — March 2023

In March 2023, SUSA traded between $82.83 and $87.53. ATM implied volatility averaged 22.8%, placing in the 22.1% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 5.1% (HV 20d: 17.7%). Max pain ranged from $70.00 to $70.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-03-01: Highest Volume — 1 contracts
  • 2023-03-13: Largest IV spike — 64.2% change
  • 2023-03-14: Highest IV Rank — 70.0%
  • 2023-03-01: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$85.09$82.83$87.53$85.31$87.53
Max Pain$70.00$70.00$70.00$70.00$70.00
ATM IV22.8%15.6%42.7%26.3%15.6%
Expected Move5.8%4.5%7.5%7.5%4.5%
HV 20d17.7%14.6%19.7%16.1%19.4%
HV 60d17.4%16.8%17.9%17.2%17.2%
IV Rank22.1%4.8%70.0%30.7%4.8%
IV Percentile33.2%1.6%98.4%59.5%1.6%
Term Structure-0.7%-8.2%2.2%-8.2%2.2%
Skew 25d4.9%-1.5%11.9%3.3%6.5%
Skew 10d5.8%-0.3%12.3%9.2%8.3%
Call IV 25d14.6%10.3%18.7%17.1%11.3%
Put IV 25d19.5%13.1%26.4%20.4%17.9%
Bid-Ask Spread %126.55117.40134.88125.84133.02
Gamma HHI0.500.420.580.460.58
Net GEX3.4K2.4K4.8K3.6K4.3K
Net DEX-20.8K-32.3K-13.8K-24.3K-27.3K
Net VEX-97-128-74-121-96
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0430110
Total OI10.261812128

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$85.31$70.0026.3%7.5%16.1%30.7%0.0%3.3%-8.2%3.6K-24.3K-1210.00125.84N/AN/A1093
2023-03-02$86.19$70.0020.4%5.9%14.6%16.5%0.0%4.5%-1.1%3.8K-27.1K-1230.00134.88N/AN/A0093
2023-03-03$87.38$70.0016.8%4.8%15.3%7.7%0.0%3.2%2.0%4.2K-30.0K-1280.00129.84N/AN/A0093
2023-03-06$87.29$0.0019.4%4.9%15.0%14.0%0.0%5.6%0.4%4.8K-32.3K-1260.00125.11N/AN/A0093
2023-03-07$85.97$0.0022.3%4.8%15.8%21.0%0.0%-0.9%1.1%3.7K-26.9K-1180.00126.39N/AN/A0093
2023-03-08$86.15$0.0020.6%5.2%15.1%17.0%0.0%2.0%0.5%4.3K-24.0K-1120.00131.17N/AN/A0093
2023-03-09$84.57$0.0025.8%5.5%16.0%29.3%0.0%-1.5%0.5%3.0K-23.0K-1090.00123.12N/AN/A0093
2023-03-10$82.83$0.0025.1%6.4%17.2%27.6%0.0%0.2%0.7%2.4K-13.8K-820.00125.65N/AN/A0093
2023-03-13$83.04$0.0041.1%7.4%17.2%66.2%0.0%7.0%-1.0%2.4K-16.4K-900.00121.95N/AN/A0093
2023-03-14$83.66$0.0042.7%6.0%16.8%70.0%0.0%3.9%-0.2%2.7K-16.5K-900.00132.82N/AN/A0093
2023-03-15$83.02$0.0023.6%6.8%16.7%24.2%0.0%5.1%-0.4%2.4K-14.4K-830.00123.55N/AN/A0093
2023-03-16$84.89$0.0018.3%5.2%19.1%11.3%0.0%7.8%1.7%3.2K-18.7K-950.00122.49N/AN/A0093
2023-03-17$83.76$0.0020.8%6.0%19.4%17.5%0.0%9.2%1.1%2.8K-16.2K-830.00120.55N/AN/A0093
2023-03-20$84.52$0.0024.1%6.9%19.7%25.2%0.0%11.9%-4.9%3.0K-17.6K-850.00120.63N/AN/A0080
2023-03-21$85.79$0.0021.1%6.0%19.5%18.0%0.0%8.0%-2.9%3.5K-20.0K-930.00125.55N/AN/A0080
2023-03-22$84.92$0.0018.9%5.4%19.7%12.7%0.0%4.5%1.6%3.2K-21.0K-960.00128.99N/AN/A0080
2023-03-23$84.13$0.0019.8%5.7%19.3%14.9%0.0%4.2%1.4%2.8K-17.7K-870.00122.60N/AN/A0080
2023-03-24$84.47$0.0022.9%6.6%18.7%22.4%0.0%8.5%-0.5%2.8K-19.0K-910.00117.40N/AN/A0080
2023-03-27$84.89$0.0022.1%6.3%18.8%20.5%0.0%1.9%-2.2%3.2K-18.2K-850.00131.29N/AN/A0080
2023-03-28$84.52$0.0023.4%6.7%18.8%23.6%0.0%8.9%-4.3%3.2K-15.4K-740.00120.77N/AN/A0080
2023-03-29$85.92$0.0017.1%4.9%19.7%8.5%0.0%5.3%-1.8%4.4K-17.8K-810.00133.68N/AN/A0080
2023-03-30$86.36$0.0015.9%4.6%19.4%5.6%0.0%3.2%-2.1%4.3K-21.4K-890.00133.42N/AN/A0080
2023-03-31$87.53$0.0015.6%4.5%19.4%4.8%0.0%6.5%2.2%4.3K-27.3K-960.00133.02N/AN/A0080