SUSA Options History — April 2025

In April 2025, SUSA traded between $101.00 and $116.14. ATM implied volatility averaged 31.0%, placing in the 51.1% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 12.8% (HV 20d: 43.8%). Max pain ranged from $125.00 to $125.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 1 of 21 days.

Notable Days

  • 2025-04-09: Largest IV drop — 55.0% change
  • 2025-04-04: Highest IV Rank — 100.0%
  • 2025-04-08: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$109.99$101.00$116.14$115.10$114.03
Max Pain$125.00$125.00$125.00$125.00$125.00
ATM IV31.0%20.9%57.9%21.8%23.9%
Expected Move8.2%5.3%12.1%5.6%6.8%
HV 20d43.8%22.2%52.3%22.2%51.7%
HV 60d27.9%16.2%32.6%16.3%32.6%
IV Rank51.1%27.0%100.0%55.3%28.6%
IV Percentile95.0%88.9%100.0%92.9%89.7%
Term Structure-3.8%-11.2%2.0%-2.9%-0.4%
Skew 25d8.5%1.5%20.2%3.3%7.8%
Skew 10d6.8%2.5%19.6%3.0%5.6%
Call IV 25d19.7%11.3%28.4%16.6%15.4%
Put IV 25d28.2%16.5%43.0%19.9%23.2%
Bid-Ask Spread %120.77106.03136.98122.90124.91
Gamma HHI1.001.001.001.001.00
Net GEX-311-800-39-617-258
Net DEX20.9K19.3K22.4K21.3K22.3K
Net VEX-7-15-1-12-2
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI22222

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$115.10$125.0021.8%5.6%22.2%55.3%0.0%3.3%-2.9%-61721.3K-120.00122.90N/AN/A0002
2025-04-02$116.14$125.0020.9%5.3%22.4%50.9%0.0%5.2%-0.9%-80020.7K-150.00124.03N/AN/A0002
2025-04-03$110.97$125.0028.8%6.2%26.6%88.6%0.0%4.2%-0.3%-37721.0K-90.00136.98N/AN/A0002
2025-04-04$105.68$125.0041.4%8.6%30.9%100.0%0.0%6.5%-4.1%-26919.6K-100.00118.76N/AN/A0002
2025-04-07$103.17$125.0051.1%11.1%30.7%100.0%0.0%13.4%-8.1%-15719.9K-50.00112.30N/AN/A0002
2025-04-08$101.00$125.0057.9%12.1%31.2%100.0%0.0%18.1%-11.2%-17619.3K-60.00106.03N/AN/A0002
2025-04-09$110.77$125.0026.1%7.5%47.0%33.1%0.0%14.5%2.0%-43220.1K-110.00120.42N/AN/A0002
2025-04-10$106.41$125.0037.4%10.7%48.7%56.8%0.0%20.2%-8.8%-25920.0K-80.00108.38N/AN/A0002
2025-04-11$109.44$125.0035.7%10.2%49.3%53.4%0.0%18.4%-7.2%-30420.4K-90.00113.16N/AN/A0002
2025-04-14$111.19$125.0034.1%9.8%49.3%50.1%0.0%9.8%-8.8%-47119.8K-120.00121.69N/AN/A0002
2025-04-15$110.38$125.0031.3%9.0%49.0%44.1%0.0%12.4%-5.3%-29621.1K-60.00116.78N/AN/A0002
2025-04-16$107.75$125.0030.1%8.6%49.3%41.6%0.0%5.0%-4.2%-23420.7K-50.00121.73N/AN/A0002
2025-04-17$108.89$125.0029.7%8.5%49.5%40.9%0.0%6.7%-3.2%-25720.9K-60.00124.67N/AN/A0002
2025-04-21$105.60$125.0031.9%9.1%50.5%45.4%0.0%1.5%-4.5%-3921.0K-10.00121.81N/AN/A0002
2025-04-22$108.89$125.0028.4%8.2%51.2%38.1%0.0%7.9%-2.8%-10821.5K-20.00118.90N/AN/A0002
2025-04-23$110.26$125.0025.5%7.3%51.5%32.1%0.0%4.8%-0.5%-28221.3K-40.00121.74N/AN/A0002
2025-04-24$112.77$125.0023.1%6.6%52.2%27.0%0.0%8.7%-1.0%-37921.5K-50.00120.94N/AN/A0002
2025-04-25$113.39$125.0024.3%7.0%52.3%29.4%0.0%3.4%-1.7%-33821.8K-50.00126.70N/AN/A0002
2025-04-28$113.64$125.0023.2%6.6%51.7%27.1%0.0%3.8%-1.3%-24422.2K-20.00126.89N/AN/A0002
2025-04-29$114.35$125.0024.5%7.0%51.7%29.9%0.0%2.0%-3.8%-24022.4K-20.00126.42N/AN/A0002
2025-04-30$114.03$125.0023.9%6.8%51.7%28.6%0.0%7.8%-0.4%-25822.3K-20.00124.91N/AN/A0002