SUSA Options History — August 2025

In August 2025, SUSA traded between $126.63 and $132.60. ATM implied volatility averaged 15.9%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 4.9% (HV 20d: 11.0%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 16 of 21 days.

Notable Days

  • 2025-08-13: Largest IV drop — 50.2% change
  • 2025-08-12: Highest IV Rank — 32.0%
  • 2025-08-01: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$130.32$126.63$132.60$126.63$131.55
ATM IV15.9%10.2%25.5%24.2%14.1%
Expected Move3.9%2.9%6.9%6.9%4.0%
HV 20d11.0%9.3%11.9%9.3%10.3%
HV 60d10.8%9.8%12.6%12.1%10.2%
IV Rank11.8%0.0%32.0%29.2%8.0%
IV Percentile42.1%0.0%91.7%88.9%32.5%
Term Structure0.2%-9.5%3.3%-9.5%-1.8%
Skew 25d3.2%0.5%6.4%6.1%3.1%
Skew 10d5.3%0.9%7.4%2.8%4.2%
Call IV 25d9.8%7.0%19.9%19.9%9.8%
Put IV 25d13.0%9.2%26.1%26.1%12.8%
Bid-Ask Spread %150.56114.13161.82135.31159.54
Gamma HHI0.500.500.500.500.50
Net GEX-75-117-42-42-80
Net DEX-3.7K-6.0K-1.1K-1.1K-5.4K
Net VEX-49-55-42-55-43
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
2025-08-01$126.63$0.0024.2%6.9%9.3%29.2%0.0%6.1%-9.5%-42-1.1K-550.00135.31N/AN/A0011
2025-08-04$128.94$0.0017.2%4.0%10.5%14.5%0.0%3.8%1.3%-46-1.4K-550.00142.16N/AN/A0011
2025-08-05$128.41$0.0018.4%4.1%10.7%17.0%0.0%3.8%1.5%-56-2.1K-540.00148.03N/AN/A0011
2025-08-06$128.95$0.0018.4%4.1%10.7%17.0%0.0%3.1%1.2%-53-1.9K-540.00147.00N/AN/A0011
2025-08-07$128.88$0.0017.4%4.0%10.6%14.9%0.0%3.4%0.5%-63-2.7K-530.00144.52N/AN/A0011
2025-08-08$129.69$0.0019.5%3.6%10.5%19.3%0.0%3.0%1.8%-57-2.9K-530.00151.16N/AN/A0011
2025-08-11$129.47$0.0024.9%3.8%10.5%30.7%0.0%2.2%1.0%-72-3.1K-520.00153.78N/AN/A0011
2025-08-12$130.71$0.0025.5%3.5%10.9%32.0%0.0%5.0%2.7%-74-3.4K-510.00149.93N/AN/A0011
2025-08-13$131.47$0.0012.7%3.6%11.0%5.2%0.0%6.3%1.1%-76-4.8K-490.00156.89N/AN/A0011
2025-08-14$131.20$0.0012.8%3.7%10.9%5.3%0.0%6.4%0.3%-71-4.2K-490.00157.05N/AN/A0011
2025-08-15$130.76$0.0010.2%2.9%11.0%0.0%0.0%2.9%3.3%-85-4.5K-490.00139.39N/AN/A0011
2025-08-18$130.84$0.0011.6%3.3%11.0%2.8%0.0%0.9%-0.6%-95-4.7K-470.00114.13N/AN/A0011
2025-08-19$130.44$0.0013.2%3.8%11.1%6.1%0.0%3.4%0.0%-76-4.0K-490.00154.47N/AN/A0011
2025-08-20$130.25$0.0013.8%3.9%10.9%7.3%0.0%2.6%1.3%-67-2.9K-490.00155.61N/AN/A0011
2025-08-21$129.71$0.0013.7%3.9%11.0%7.2%0.0%0.5%0.6%-68-3.0K-500.00157.44N/AN/A0011
2025-08-22$131.51$0.0011.6%3.3%11.9%2.8%0.0%2.1%2.8%-85-4.3K-480.00153.38N/AN/A0011
2025-08-25$131.24$0.0013.7%3.9%11.9%7.2%0.0%0.9%-2.1%-76-4.9K-450.00161.82N/AN/A0011
2025-08-26$131.39$0.0013.8%3.9%11.9%7.4%0.0%3.2%0.1%-95-4.7K-450.00161.59N/AN/A0011
2025-08-27$132.13$0.0014.0%4.0%11.9%7.9%0.0%1.0%0.0%-111-5.4K-430.00158.43N/AN/A0011
2025-08-28$132.60$0.0013.3%3.8%11.9%6.3%0.0%3.0%-1.2%-117-6.0K-420.00160.11N/AN/A0011
2025-08-29$131.55$0.0014.1%4.0%10.3%8.0%0.0%3.1%-1.8%-80-5.4K-430.00159.54N/AN/A0011