SUSA Options History — October 2025

In October 2025, SUSA traded between $133.55 and $140.01. ATM implied volatility averaged 16.6%, placing in the 13.3% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 5.8% (HV 20d: 10.8%). Max pain ranged from $127.00 to $127.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2025-10-20: Highest Volume — 1 contracts
2025-10-15: Largest IV drop — 38.6% change
2025-10-14: Highest IV Rank — 35.4%
2025-10-10: Largest Expected Move — 5.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$136.87	$133.55	$140.01	$136.18	$139.88
Max Pain	$127.00	$127.00	$127.00	$127.00	$127.00
ATM IV	16.6%	13.2%	27.1%	14.7%	15.3%
Expected Move	4.4%	3.8%	5.4%	4.2%	4.4%
HV 20d	10.8%	7.6%	12.9%	7.9%	12.9%
HV 60d	10.1%	9.0%	11.1%	9.2%	10.0%
IV Rank	13.3%	6.2%	35.4%	9.3%	10.5%
IV Percentile	53.3%	21.8%	94.0%	41.7%	48.8%
Term Structure	0.4%	-3.5%	2.2%	-0.4%	1.0%
Skew 25d	3.5%	1.6%	8.5%	8.5%	4.2%
Skew 10d	4.4%	2.8%	9.0%	9.0%	5.0%
Call IV 25d	11.4%	7.1%	12.9%	7.1%	11.4%
Put IV 25d	14.9%	12.9%	19.7%	15.6%	15.6%
Bid-Ask Spread %	124.61	113.47	158.48	156.75	122.20
Gamma HHI	0.50	0.34	0.85	0.39	0.72
Net GEX	1.3K	569	2.2K	819	1.9K
Net DEX	-18.6K	-28.9K	-11.0K	-15.5K	-28.0K
Net VEX	-41	-58	-28	-36	-48
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.043	0	1	0	0
Total OI	3.391	3	4	3	4

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2025-10-01	$136.18	$0.00	14.7%	4.2%	7.9%	9.3%	0.0%	8.5%	-0.4%	819	-15.5K	-36	156.75	N/A	N/A	0	2	1
2025-10-02	$136.50	$0.00	14.9%	4.3%	7.7%	9.7%	0.0%	3.9%	-0.1%	913	-15.3K	-38	158.48	N/A	N/A	0	2	1
2025-10-03	$136.75	$0.00	15.4%	4.4%	7.7%	10.8%	0.0%	2.4%	-2.1%	932	-15.5K	-37	156.47	N/A	N/A	0	2	1
2025-10-06	$137.13	$127.00	16.3%	4.0%	7.7%	12.7%	0.0%	2.3%	2.2%	973	-16.1K	-34	120.09	N/A	N/A	0	2	1
2025-10-07	$136.28	$127.00	15.9%	4.0%	8.2%	11.9%	0.0%	1.6%	1.9%	953	-15.2K	-33	117.19	N/A	N/A	0	2	1
2025-10-08	$136.99	$127.00	17.0%	4.0%	8.3%	14.2%	0.0%	2.0%	1.9%	954	-15.6K	-34	121.38	N/A	N/A	0	2	1
2025-10-09	$136.38	$127.00	17.5%	3.9%	7.6%	15.2%	0.0%	2.2%	2.2%	996	-15.7K	-32	119.51	N/A	N/A	0	2	1
2025-10-10	$133.55	$127.00	20.1%	5.4%	10.8%	20.6%	0.0%	4.1%	-3.5%	569	-11.0K	-41	114.83	N/A	N/A	0	2	1
2025-10-13	$134.94	$127.00	25.0%	4.6%	11.4%	31.0%	0.0%	4.2%	0.8%	763	-12.6K	-36	121.22	N/A	N/A	0	2	1
2025-10-14	$134.50	$127.00	27.1%	5.0%	11.3%	35.4%	0.0%	4.4%	0.1%	735	-11.6K	-36	115.40	N/A	N/A	0	2	1
2025-10-15	$135.26	$127.00	16.7%	4.8%	11.5%	13.4%	0.0%	3.3%	0.4%	770	-13.3K	-33	114.85	N/A	N/A	0	2	1
2025-10-16	$134.31	$127.00	18.1%	5.2%	11.5%	16.4%	0.0%	6.0%	0.5%	687	-11.6K	-35	113.47	N/A	N/A	0	2	1
2025-10-17	$135.58	$127.00	17.7%	5.1%	11.9%	15.6%	0.0%	8.1%	-0.1%	806	-13.3K	-34	115.00	N/A	N/A	0	2	1
2025-10-20	$136.81	$127.00	15.3%	4.4%	12.2%	10.6%	0.0%	2.4%	0.1%	984	-15.2K	-28	121.11	N/A	N/A	1	2	1
2025-10-21	$137.39	$127.00	14.7%	4.2%	12.1%	9.3%	0.0%	2.5%	0.5%	1.7K	-22.4K	-57	121.98	N/A	N/A	0	3	1
2025-10-22	$136.06	$127.00	16.1%	4.6%	12.4%	12.2%	0.0%	3.4%	-0.5%	1.6K	-20.9K	-58	118.77	N/A	N/A	0	3	1
2025-10-23	$137.13	$127.00	14.6%	4.2%	12.5%	9.2%	0.0%	3.1%	0.4%	1.7K	-21.8K	-54	122.45	N/A	N/A	0	3	1
2025-10-24	$138.27	$127.00	13.5%	3.9%	12.4%	6.9%	0.0%	3.6%	0.9%	2.0K	-25.4K	-52	125.08	N/A	N/A	0	3	1
2025-10-27	$139.49	$127.00	13.7%	3.9%	12.7%	7.1%	0.0%	2.9%	1.0%	2.1K	-27.8K	-48	124.19	N/A	N/A	0	3	1
2025-10-28	$140.01	$127.00	13.2%	3.8%	12.7%	6.2%	0.0%	3.2%	1.8%	2.2K	-28.9K	-47	123.15	N/A	N/A	0	3	1
2025-10-29	$139.31	$127.00	14.1%	4.0%	12.8%	8.1%	0.0%	1.6%	1.0%	2.0K	-27.5K	-49	120.35	N/A	N/A	0	3	1
2025-10-30	$139.22	$127.00	15.0%	4.3%	12.9%	9.9%	0.0%	1.6%	-0.8%	1.9K	-27.4K	-49	122.02	N/A	N/A	0	3	1
2025-10-31	$139.88	$127.00	15.3%	4.4%	12.9%	10.5%	0.0%	4.2%	1.0%	1.9K	-28.0K	-48	122.20	N/A	N/A	0	3	1