SUSA Options History — February 2024

In February 2024, SUSA traded between $102.52 and $106.12. ATM implied volatility averaged 13.0%, placing in the 12.8% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 0.6% (HV 20d: 12.4%). Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days.

Notable Days

  • 2024-02-07: Largest IV drop — 33.6% change
  • 2024-02-06: Highest IV Rank — 24.1%
  • 2024-02-27: Largest Expected Move — 4.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$104.24$102.52$106.12$102.52$106.12
ATM IV13.0%10.9%16.9%13.3%13.9%
Expected Move3.5%3.1%4.0%3.1%4.0%
HV 20d12.4%10.1%15.0%10.9%13.5%
HV 60d10.8%9.5%11.5%11.0%11.4%
IV Rank12.8%6.7%24.1%13.7%15.5%
IV Percentile25.7%3.2%66.3%27.0%40.1%
Term Structure0.2%-2.9%1.7%1.4%-1.2%
Skew 25d1.8%-0.4%3.4%1.7%2.8%
Skew 10d0.1%-3.2%2.1%1.9%-3.2%
Call IV 25d10.6%9.3%12.0%9.7%11.2%
Put IV 25d12.4%11.1%14.4%11.4%14.0%
Bid-Ask Spread %137.10131.31141.24131.31138.19
Gamma HHI0.380.380.410.380.39
Net GEX2.3K1.9K2.6K2.6K1.9K
Net DEX-59.9K-64.0K-54.8K-54.8K-64.0K
Net VEX-89-112-70-112-70
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI7.67887

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$102.52$0.0013.3%3.1%10.9%13.7%0.0%1.7%1.4%2.6K-54.8K-1120.00131.31N/AN/A0071
2024-02-02$103.13$0.0013.4%3.5%10.9%14.0%0.0%1.8%0.0%2.4K-57.9K-960.00132.63N/AN/A0071
2024-02-05$102.77$0.0015.6%3.4%11.0%20.3%0.0%2.3%0.6%2.5K-57.7K-940.00134.70N/AN/A0071
2024-02-06$102.78$0.0016.9%3.3%10.1%24.1%0.0%2.0%0.4%2.6K-57.5K-980.00137.93N/AN/A0071
2024-02-07$103.77$0.0011.2%3.2%10.4%7.5%0.0%2.3%1.5%2.2K-60.7K-840.00139.13N/AN/A0071
2024-02-08$104.00$0.0011.5%3.3%10.4%8.5%0.0%2.0%1.1%2.3K-59.3K-960.00139.63N/AN/A0071
2024-02-09$104.57$0.0010.9%3.1%10.4%6.7%0.0%2.2%1.4%2.2K-60.2K-920.00137.29N/AN/A0071
2024-02-12$104.75$0.0011.8%3.4%10.4%9.4%0.0%1.1%0.6%2.2K-60.9K-910.00137.45N/AN/A0071
2024-02-13$102.88$0.0011.8%3.4%12.5%9.3%0.0%0.3%1.1%2.5K-56.7K-970.00132.72N/AN/A0071
2024-02-14$104.07$0.0011.5%3.3%12.7%8.3%0.0%3.4%1.6%2.3K-58.8K-960.00136.69N/AN/A0071
2024-02-15$104.59$0.0012.1%3.5%12.5%10.3%0.0%2.8%1.7%2.2K-60.0K-910.00137.95N/AN/A0071
2024-02-16$104.27$0.0012.2%3.5%12.1%10.3%0.0%0.5%1.1%2.3K-59.6K-930.00137.16N/AN/A0071
2024-02-20$103.40$0.0013.4%3.8%12.5%13.9%0.0%1.9%-0.3%2.5K-57.0K-980.00136.86N/AN/A0070
2024-02-21$103.22$0.0013.7%3.9%12.5%14.9%0.0%3.0%0.1%2.5K-56.3K-990.00138.21N/AN/A0070
2024-02-22$105.68$0.0012.5%3.6%14.9%11.3%0.0%2.4%0.9%2.0K-62.7K-770.00134.88N/AN/A0070
2024-02-23$105.82$0.0013.0%3.7%14.9%12.9%0.0%0.9%-0.8%1.9K-63.9K-760.00137.94N/AN/A0070
2024-02-26$105.57$0.0013.7%3.9%15.0%14.8%0.0%-0.4%-2.0%2.0K-63.4K-750.00139.98N/AN/A0070
2024-02-27$105.56$0.0014.1%4.0%14.9%16.0%0.0%1.9%-1.5%2.0K-63.0K-750.00141.24N/AN/A0070
2024-02-28$105.42$0.0013.8%4.0%14.9%15.2%0.0%1.6%-2.9%2.0K-63.5K-710.00140.18N/AN/A0070
2024-02-29$106.12$0.0013.9%4.0%13.5%15.5%0.0%2.8%-1.2%1.9K-64.0K-700.00138.19N/AN/A0070