SUSA Options History — January 2025

In January 2025, SUSA traded between $120.43 and $126.20. ATM implied volatility averaged 15.2%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 0.1% (HV 20d: 15.1%). Max pain ranged from $122.00 to $122.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 17 of 20 days.

Notable Days

  • 2025-01-07: Largest IV spike — 61.6% change
  • 2025-01-14: Highest IV Rank — 74.9%
  • 2025-01-13: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$123.56$120.43$126.20$121.20$124.44
Max Pain$122.00$122.00$122.00$122.00$122.00
ATM IV15.2%11.4%25.9%14.5%13.7%
Expected Move3.8%3.3%4.5%4.1%3.9%
HV 20d15.1%13.6%17.7%14.7%13.6%
HV 60d13.4%12.7%14.1%12.7%13.8%
IV Rank23.5%5.3%74.9%20.1%16.4%
IV Percentile52.3%10.3%97.6%59.5%47.6%
Term Structure0.1%-6.4%1.3%0.2%-6.4%
Skew 25d2.0%-0.7%5.1%0.5%-0.7%
Skew 10d2.6%1.4%4.0%2.4%1.6%
Call IV 25d10.4%9.6%12.4%12.4%11.4%
Put IV 25d12.4%10.7%15.1%12.9%10.7%
Bid-Ask Spread %128.87119.87147.20142.89129.71
Gamma HHI1.001.001.001.001.00
Net GEX-933-1.9K0-1.7K0
Net DEX3.0K08.1K6.7K0
Net VEX-3-100-100
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI0.550110

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$121.20$122.0014.5%4.1%14.7%20.1%0.0%0.5%0.2%-1.7K6.7K-100.00142.89N/AN/A0001
2025-01-03$122.63$122.0013.2%3.8%15.1%14.3%0.0%3.9%1.3%-1.7K4.9K-90.00147.20N/AN/A0001
2025-01-06$122.99$0.0014.6%3.7%15.2%20.9%0.0%1.0%1.2%-1.7K4.5K-80.00123.77N/AN/A0001
2025-01-07$121.79$0.0023.7%3.5%15.4%64.0%0.0%1.8%0.2%-1.2K6.1K-80.00131.26N/AN/A0001
2025-01-08$122.29$0.0016.9%4.2%15.5%31.8%0.0%4.3%0.9%-1.7K5.4K-80.00122.30N/AN/A0001
2025-01-10$120.43$0.0018.5%4.5%16.3%39.5%0.0%2.1%0.5%-1.7K8.1K-60.00120.34N/AN/A0001
2025-01-13$120.60$0.0022.4%4.5%15.8%58.2%0.0%5.1%0.2%-1.8K8.1K-50.00119.87N/AN/A0001
2025-01-14$120.94$0.0025.9%4.4%15.9%74.9%0.0%1.9%0.1%-1.9K7.7K-40.00122.07N/AN/A0001
2025-01-15$123.37$0.0013.8%4.0%17.7%17.0%0.0%2.3%0.5%-1.9K3.7K-30.00126.61N/AN/A0001
2025-01-16$123.61$0.0012.9%3.7%17.7%12.5%0.0%2.0%1.3%-1.9K3.2K-20.00127.84N/AN/A0001
2025-01-17$124.55$0.0012.2%3.5%17.7%9.5%0.0%2.0%0.1%-1.4K1.9K00.00129.99N/AN/A0001
2025-01-21$125.49$0.0012.3%3.5%13.9%9.8%0.0%1.8%0.5%0000.00128.85N/AN/A0000
2025-01-22$126.20$0.0011.4%3.3%13.9%5.3%0.0%1.5%0.8%0000.00131.60N/AN/A0000
2025-01-23$126.09$0.0011.6%3.3%13.6%6.6%0.0%1.5%0.9%0000.00130.87N/AN/A0000
2025-01-24$125.88$0.0012.2%3.5%13.6%9.4%0.0%1.7%-0.9%0000.00129.41N/AN/A0000
2025-01-27$124.10$0.0014.2%4.1%14.4%18.7%0.0%2.2%0.6%0000.00128.72N/AN/A0000
2025-01-28$125.27$0.0014.1%4.0%14.7%18.5%0.0%2.7%0.8%0000.00126.98N/AN/A0000
2025-01-29$124.48$0.0012.7%3.6%13.9%11.4%0.0%2.4%1.1%0000.00127.56N/AN/A0000
2025-01-30$124.84$0.0012.7%3.7%13.7%11.9%0.0%0.7%-1.5%0000.00129.47N/AN/A0000
2025-01-31$124.44$0.0013.7%3.9%13.6%16.4%0.0%-0.7%-6.4%0000.00129.71N/AN/A0000