SUSA Options History — July 2024

In July 2024, SUSA traded between $112.01 and $117.12. ATM implied volatility averaged 13.0%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded above realized volatility by 4.0% (HV 20d: 9.0%). Max pain ranged from $103.00 to $112.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 14 of 22 days.

Notable Days

  • 2024-07-26: Highest Volume — 3 contracts
  • 2024-07-10: Largest IV drop — 29.0% change
  • 2024-07-30: Highest IV Rank — 38.3%
  • 2024-07-30: Largest Expected Move — 4.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$114.31$112.01$117.12$112.01$115.18
Max Pain$104.23$103.00$112.00$112.00$103.00
ATM IV13.0%10.5%16.3%12.5%15.0%
Expected Move3.6%3.0%4.7%3.6%4.3%
HV 20d9.0%6.1%14.6%6.7%14.6%
HV 60d9.3%8.3%10.2%9.8%10.2%
IV Rank21.8%9.5%38.3%19.6%31.7%
IV Percentile35.8%2.0%78.2%30.2%65.1%
Term Structure0.3%-2.2%2.4%-2.1%0.5%
Skew 25d1.6%0.1%3.0%1.9%2.7%
Skew 10d2.1%0.7%6.1%0.7%1.8%
Call IV 25d10.6%8.8%13.0%10.4%12.0%
Put IV 25d12.2%9.8%14.9%12.3%14.7%
Bid-Ask Spread %127.14120.56156.97154.70122.00
Gamma HHI0.650.361.000.590.38
Net GEX-1.3K-4.5K1.1K-3.0K116
Net DEX-62.2K-69.2K-47.8K-47.8K-66.2K
Net VEX-21-56-4-51-25
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.1360300
Total OI8.3186999

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$112.01$112.0012.5%3.6%6.7%19.6%0.0%1.9%-2.1%-3.0K-47.8K-510.00154.70N/AN/A0063
2024-07-02$112.64$112.0012.0%3.4%6.8%16.7%0.0%0.8%-2.2%-3.4K-48.4K-510.00153.94N/AN/A0063
2024-07-03$113.25$112.0012.4%3.6%7.0%19.0%0.0%2.6%-1.9%-2.8K-52.0K-560.00156.97N/AN/A0063
2024-07-05$113.82$103.0012.7%3.0%6.2%20.5%0.0%1.9%2.3%-3.1K-57.6K-330.00123.83N/AN/A0063
2024-07-08$114.09$103.0014.8%3.1%6.2%31.0%0.0%1.8%2.2%-3.0K-58.9K-290.00125.69N/AN/A0063
2024-07-09$114.16$103.0014.9%3.2%6.1%31.2%0.0%1.3%1.3%-3.0K-59.3K-260.00125.84N/AN/A0063
2024-07-10$115.00$103.0010.5%3.0%6.5%9.5%0.0%1.3%2.3%-2.2K-63.4K-180.00123.35N/AN/A0063
2024-07-11$115.01$103.0010.6%3.0%6.4%9.9%0.0%1.1%2.4%-2.3K-63.9K-170.00121.84N/AN/A0063
2024-07-12$116.10$103.0010.6%3.0%6.4%9.7%0.0%0.5%1.3%-1.1K-67.3K-90.00120.65N/AN/A0063
2024-07-15$116.08$103.0011.0%3.2%6.5%11.9%0.0%0.1%0.7%-1.2K-67.0K-90.00122.41N/AN/A0063
2024-07-16$117.12$103.0011.0%3.1%6.7%11.6%0.0%1.4%1.6%-385-69.2K-40.00122.33N/AN/A0063
2024-07-17$115.77$103.0012.1%3.5%7.7%17.2%0.0%0.6%0.2%-1.6K-66.1K-90.00123.31N/AN/A0063
2024-07-18$114.67$103.0011.5%3.3%8.6%14.4%0.0%1.5%0.6%-2.7K-64.1K-90.00120.57N/AN/A0063
2024-07-19$113.67$103.0013.0%3.7%9.2%21.9%0.0%3.0%0.1%-4.5K-59.4K-90.00120.65N/AN/A0063
2024-07-22$115.18$103.0012.9%3.7%10.2%21.2%0.0%2.0%0.7%609-68.1K-40.00122.89N/AN/A0060
2024-07-23$114.99$103.0013.0%3.7%10.3%21.9%0.0%1.4%-0.9%558-68.0K-50.00125.48N/AN/A0060
2024-07-24$112.68$103.0013.2%3.8%12.8%22.8%0.0%1.5%0.2%979-65.5K-90.00120.80N/AN/A0060
2024-07-25$112.65$103.0015.7%4.5%12.8%35.5%0.0%2.2%-0.6%1.1K-64.8K-110.00120.56N/AN/A0060
2024-07-26$113.64$103.0014.3%4.1%13.1%28.5%0.0%2.1%-0.6%915-66.2K-80.00122.62N/AN/A0360
2024-07-29$114.03$103.0015.6%4.5%13.1%35.1%0.0%1.9%-0.7%216-63.8K-350.00124.61N/AN/A0063
2024-07-30$113.17$103.0016.3%4.7%13.4%38.3%0.0%1.5%-0.8%439-62.4K-380.00122.02N/AN/A0063
2024-07-31$115.18$103.0015.0%4.3%14.6%31.7%0.0%2.7%0.5%116-66.2K-250.00122.00N/AN/A0063