SUSA Options History — July 2025

In July 2025, SUSA traded between $126.77 and $129.86. ATM implied volatility averaged 14.8%, placing in the 9.6% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded above realized volatility by 5.0% (HV 20d: 9.8%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 13 of 22 days.

Notable Days

  • 2025-07-31: Highest Volume — 1 contracts
  • 2025-07-09: Largest IV drop — 25.6% change
  • 2025-07-08: Highest IV Rank — 16.9%
  • 2025-07-01: Largest Expected Move — 4.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$128.03$126.77$129.86$126.78$128.80
ATM IV14.8%13.5%18.3%16.2%14.5%
Expected Move4.1%3.9%4.6%4.6%4.1%
HV 20d9.8%7.4%12.1%10.9%7.7%
HV 60d16.6%11.6%29.9%29.9%11.6%
IV Rank9.6%6.9%16.9%12.4%8.8%
IV Percentile40.5%27.4%71.8%57.5%34.9%
Term Structure0.1%-3.4%2.3%-0.0%-2.6%
Skew 25d2.4%-0.7%4.4%-0.7%0.5%
Skew 10d3.6%1.5%9.0%9.0%1.5%
Call IV 25d12.3%10.4%20.2%20.2%12.8%
Put IV 25d14.7%13.3%19.4%19.4%13.3%
Bid-Ask Spread %130.78122.23157.03149.67127.53
Gamma HHI1.001.001.001.001.00
Net GEX534487576516576
Net DEX-7.6K-8.5K-6.8K-6.9K-8.3K
Net VEX-29-31-27-31-27
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0450101
Total OI11111

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$126.78$0.0016.2%4.6%10.9%12.4%0.0%-0.7%-0.0%516-6.9K-310.00149.67N/AN/A0010
2025-07-02$127.06$0.0016.0%4.6%10.6%12.0%0.0%4.4%-0.3%519-7.0K-310.00157.03N/AN/A0010
2025-07-03$128.26$0.0016.0%4.1%11.0%12.1%0.0%1.5%1.0%487-7.5K-310.00125.96N/AN/A0010
2025-07-07$126.77$0.0017.7%4.3%11.9%15.7%0.0%2.3%0.7%506-7.3K-300.00122.23N/AN/A0010
2025-07-08$127.06$0.0018.3%4.0%11.8%16.9%0.0%2.3%2.3%529-7.2K-300.00128.50N/AN/A0010
2025-07-09$127.58$0.0013.6%3.9%11.8%7.0%0.0%1.9%1.3%525-7.3K-300.00127.05N/AN/A0010
2025-07-10$128.08$0.0013.5%3.9%11.8%6.9%0.0%1.8%1.6%523-7.5K-300.00127.75N/AN/A0010
2025-07-11$127.31$0.0013.8%3.9%12.1%7.4%0.0%2.7%2.1%511-7.2K-300.00128.78N/AN/A0010
2025-07-14$127.28$0.0014.1%4.0%12.1%8.0%0.0%2.9%2.3%524-7.1K-300.00129.17N/AN/A0010
2025-07-15$126.97$0.0014.6%4.2%10.5%9.2%0.0%2.1%0.2%526-7.4K-290.00126.90N/AN/A0010
2025-07-16$127.04$0.0014.7%4.2%10.1%9.3%0.0%2.5%1.6%548-6.8K-300.00125.54N/AN/A0010
2025-07-17$127.91$0.0013.9%4.0%9.6%7.7%0.0%3.8%1.8%529-7.3K-290.00128.28N/AN/A0010
2025-07-18$127.71$0.0013.9%4.0%9.7%7.7%0.0%2.2%0.4%523-7.6K-290.00129.00N/AN/A0010
2025-07-21$127.83$0.0014.2%4.1%9.3%8.2%0.0%1.7%-0.5%537-7.6K-290.00130.57N/AN/A0010
2025-07-22$128.16$0.0014.2%4.1%9.0%8.4%0.0%3.3%0.7%538-7.4K-290.00129.79N/AN/A0010
2025-07-23$128.97$0.0013.7%3.9%7.8%7.2%0.0%2.8%0.6%549-7.8K-280.00129.42N/AN/A0010
2025-07-24$129.15$0.0014.6%4.2%7.7%9.1%0.0%3.3%-1.8%548-8.2K-280.00132.47N/AN/A0010
2025-07-25$129.86$0.0013.8%4.0%7.7%7.5%0.0%4.2%-0.5%556-8.3K-270.00129.63N/AN/A0010
2025-07-28$129.64$0.0014.9%4.3%7.8%9.9%0.0%3.4%-2.1%558-8.5K-270.00132.11N/AN/A0010
2025-07-29$129.57$0.0014.9%4.3%7.4%9.8%0.0%2.4%-2.5%568-8.5K-270.00131.13N/AN/A0010
2025-07-30$128.97$0.0014.9%4.3%7.7%9.8%0.0%0.9%-3.4%559-8.3K-270.00128.59N/AN/A0010
2025-07-31$128.80$0.0014.5%4.1%7.7%8.8%0.0%0.5%-2.6%576-8.3K-270.00127.53N/AN/A0110