SUSA Options History — February 2025

In February 2025, SUSA traded between $120.73 and $125.62. ATM implied volatility averaged 14.3%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 3.1% (HV 20d: 11.2%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 13 of 19 days.

Notable Days

  • 2025-02-19: Highest Volume — 2 contracts
  • 2025-02-24: Largest IV spike — 20.7% change
  • 2025-02-28: Highest IV Rank — 50.8%
  • 2025-02-28: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$123.78$120.73$125.62$123.75$121.47
ATM IV14.3%11.5%20.9%14.8%20.9%
Expected Move4.0%3.3%6.0%4.2%6.0%
HV 20d11.2%9.5%13.7%13.7%10.8%
HV 60d12.9%12.5%13.8%13.8%13.1%
IV Rank19.5%5.9%50.8%21.7%50.8%
IV Percentile51.8%10.3%92.9%64.3%92.9%
Term Structure-0.3%-8.9%1.8%0.4%-8.9%
Skew 25d2.7%-2.4%7.1%3.3%-2.4%
Skew 10d2.8%-8.8%8.5%2.5%-8.8%
Call IV 25d11.4%9.3%31.0%11.0%31.0%
Put IV 25d14.1%10.9%28.6%14.2%28.6%
Bid-Ask Spread %139.54126.92156.21126.92156.21
Gamma HHI1.001.001.001.001.00
Net GEX-556-1.6K00-1.3K
Net DEX4.9K014.9K014.9K
Net VEX-17-4700-42
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.1050200
Total OI0.7370202

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$123.75$0.0014.8%4.2%13.7%21.7%0.0%3.3%0.4%0000.00126.92N/AN/A0000
2025-02-04$123.94$0.0014.2%4.1%13.1%18.7%0.0%2.7%-0.3%0000.00132.73N/AN/A0000
2025-02-05$124.58$0.0012.5%3.6%13.2%10.9%0.0%4.2%1.8%0000.00128.57N/AN/A0000
2025-02-06$124.48$0.0013.2%3.7%12.6%14.1%0.0%2.5%0.9%0000.00138.02N/AN/A0000
2025-02-07$123.46$0.0013.4%3.7%13.0%15.1%0.0%0.4%0.0%0000.00133.90N/AN/A0000
2025-02-10$124.24$0.0015.0%3.7%11.7%22.9%0.0%2.6%0.7%0000.00145.02N/AN/A0000
2025-02-11$124.29$0.0015.0%3.7%11.7%22.8%0.0%2.7%0.9%0000.00145.33N/AN/A0000
2025-02-12$123.78$0.0013.0%3.7%11.8%13.2%0.0%2.6%0.8%0000.00139.66N/AN/A0000
2025-02-13$125.09$0.0012.6%3.6%10.2%11.3%0.0%2.4%0.4%0000.00139.16N/AN/A0000
2025-02-14$124.88$0.0012.1%3.5%10.3%8.9%0.0%2.6%1.1%0000.00148.46N/AN/A0000
2025-02-18$125.27$0.0012.3%3.5%10.0%10.0%0.0%2.3%1.2%0000.00147.70N/AN/A0000
2025-02-19$125.62$0.0011.5%3.3%9.6%5.9%0.0%2.5%1.5%0000.00147.54N/AN/A0200
2025-02-20$125.26$0.0012.4%3.5%9.5%10.1%0.0%3.1%0.6%-1.5K11.0K-470.00144.92N/AN/A0002
2025-02-21$123.27$0.0012.8%3.7%11.0%12.3%0.0%3.0%1.2%-1.6K11.9K-470.00137.26N/AN/A0002
2025-02-24$123.00$0.0015.5%4.4%11.0%24.9%0.0%3.0%-1.0%-1.6K13.1K-460.00139.35N/AN/A0002
2025-02-25$122.19$0.0017.1%4.9%10.1%32.8%0.0%3.2%-1.5%-1.5K14.1K-450.00135.19N/AN/A0002
2025-02-26$122.59$0.0016.5%4.7%9.5%29.8%0.0%3.0%-1.9%-1.5K13.8K-440.00137.15N/AN/A0002
2025-02-27$120.73$0.0017.4%5.0%10.6%34.1%0.0%7.1%-3.2%-1.5K14.8K-430.00128.24N/AN/A0002
2025-02-28$121.47$0.0020.9%6.0%10.8%50.8%0.0%-2.4%-8.9%-1.3K14.9K-420.00156.21N/AN/A0002