SUSA Options History — July 2023

In July 2023, SUSA traded between $92.86 and $97.00. ATM implied volatility averaged 12.4%, placing in the 8.6% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 1.6% (HV 20d: 10.8%). Max pain ranged from $92.00 to $92.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2023-07-14: Highest Volume — 1 contracts
2023-07-06: Largest IV spike — 47.3% change
2023-07-27: Highest IV Rank — 18.7%
2023-07-27: Largest Expected Move — 4.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$95.39	$92.86	$97.00	$93.84	$96.83
Max Pain	$92.00	$92.00	$92.00	$92.00	$92.00
ATM IV	12.4%	9.0%	15.6%	11.2%	12.2%
Expected Move	3.5%	2.6%	4.5%	3.2%	3.5%
HV 20d	10.8%	9.6%	11.7%	11.0%	9.7%
HV 60d	12.8%	11.9%	13.3%	12.9%	11.9%
IV Rank	8.6%	0.0%	18.7%	3.1%	9.1%
IV Percentile	5.6%	0.0%	21.0%	2.0%	6.0%
Term Structure	1.1%	-1.8%	5.5%	0.8%	-0.5%
VWIV	15.3%	12.1%	18.5%	12.1%	18.5%
Skew 25d	3.0%	-1.1%	9.0%	0.5%	2.8%
Skew 10d	3.4%	0.1%	9.9%	0.1%	0.3%
Call IV 25d	9.4%	6.6%	11.7%	8.3%	11.6%
Put IV 25d	12.5%	8.8%	17.9%	8.8%	14.3%
Bid-Ask Spread %	126.31	116.03	136.94	125.43	125.90
Gamma HHI	1.00	1.00	1.00	1.00	1.00
Net GEX	927	707	1.3K	775	990
Net DEX	-18.8K	-25.4K	-11.4K	-12.2K	-24.0K
Net VEX	-38	-43	-29	-42	-33
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.1	0	1	0	0
Total OI	2.55	2	3	2	3

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	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2023-07-03	$93.84	$0.00	11.2%	3.2%	11.0%	3.1%	0.0%	0.5%	0.8%	775	-12.2K	-42	125.43	N/A	N/A	0	2
2023-07-05	$93.72	$0.00	9.0%	2.6%	11.0%	0.0%	0.0%	5.2%	-0.4%	824	-12.2K	-41	136.94	N/A	N/A	0	2
2023-07-06	$92.86	$0.00	13.3%	4.3%	11.6%	9.2%	0.0%	9.0%	-1.7%	768	-11.4K	-43	116.03	N/A	N/A	0	2
2023-07-07	$93.00	$0.00	12.9%	3.5%	11.3%	8.3%	0.0%	8.4%	4.7%	775	-11.6K	-42	119.08	N/A	N/A	0	2
2023-07-10	$93.22	$0.00	13.1%	2.9%	11.2%	8.8%	0.0%	5.3%	5.1%	801	-11.8K	-42	128.23	N/A	N/A	0	2
2023-07-11	$93.94	$0.00	13.8%	3.6%	11.4%	10.2%	0.0%	7.7%	1.0%	770	-12.1K	-41	116.79	N/A	N/A	0	2
2023-07-12	$94.80	$0.00	12.9%	3.7%	11.5%	8.3%	0.0%	1.4%	1.9%	754	-13.3K	-38	122.04	N/A	N/A	0	2
2023-07-13	$95.70	$0.00	11.9%	3.4%	11.5%	6.2%	0.0%	3.8%	1.8%	707	-14.5K	-35	131.90	N/A	N/A	0	2
2023-07-14	$95.34	$0.00	12.4%	3.5%	11.7%	9.5%	12.1%	1.2%	1.2%	757	-14.3K	-35	120.44	N/A	N/A	1	2
2023-07-17	$95.87	$92.00	12.5%	3.6%	10.7%	9.9%	0.0%	5.1%	0.8%	1.2K	-23.4K	-39	125.57	N/A	N/A	0	3
2023-07-18	$96.58	$92.00	9.9%	2.8%	10.8%	2.6%	0.0%	0.9%	5.5%	998	-24.6K	-33	127.61	N/A	N/A	0	3
2023-07-19	$96.85	$92.00	13.8%	4.0%	10.3%	13.7%	0.0%	1.0%	-0.6%	995	-22.8K	-42	124.13	N/A	N/A	0	3
2023-07-20	$95.91	$92.00	12.5%	3.6%	10.7%	10.0%	0.0%	0.1%	0.0%	1.2K	-22.7K	-41	124.74	N/A	N/A	0	3
2023-07-21	$96.21	$92.00	13.1%	3.8%	10.7%	11.6%	0.0%	1.5%	-1.7%	1.1K	-23.8K	-37	132.53	N/A	N/A	0	3
2023-07-24	$96.55	$92.00	13.6%	3.9%	10.2%	12.9%	0.0%	2.3%	-1.8%	1.1K	-24.4K	-33	133.12	N/A	N/A	0	3
2023-07-25	$97.00	$92.00	11.9%	3.4%	10.1%	8.2%	0.0%	2.2%	1.0%	917	-24.2K	-34	126.51	N/A	N/A	0	3
2023-07-26	$96.90	$92.00	11.1%	3.2%	9.6%	6.0%	18.5%	1.9%	3.5%	938	-25.4K	-29	130.30	N/A	N/A	1	3
2023-07-27	$95.92	$92.00	15.6%	4.5%	10.4%	18.7%	0.0%	1.9%	2.7%	1.3K	-23.7K	-36	131.30	N/A	N/A	0	3
2023-07-28	$96.78	$92.00	11.3%	3.2%	10.6%	6.4%	0.0%	-1.1%	-0.9%	870	-24.4K	-34	127.69	N/A	N/A	0	3
2023-07-31	$96.83	$92.00	12.2%	3.5%	9.7%	9.1%	0.0%	2.8%	-0.5%	990	-24.0K	-33	125.90	N/A	N/A	0	3