SUSA Options History — November 2025

In November 2025, SUSA traded between $133.56 and $139.83. ATM implied volatility averaged 16.8%, placing in the 13.8% IV rank vs the trailing year. The 30-day expected move averaged 4.8%. IV traded above realized volatility by 3.2% (HV 20d: 13.6%). Max pain ranged from $127.00 to $141.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-11-17: Highest Volume — 3 contracts
  • 2025-11-17: Largest IV spike — 23.4% change
  • 2025-11-21: Highest IV Rank — 22.2%
  • 2025-11-21: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$137.56$133.56$139.83$139.64$139.45
Max Pain$134.26$127.00$141.00$127.00$132.00
ATM IV16.8%14.2%20.8%14.9%15.5%
Expected Move4.8%4.1%6.0%4.3%4.5%
HV 20d13.6%11.4%15.5%12.9%15.5%
HV 60d11.3%10.0%12.4%10.0%12.3%
IV Rank13.8%8.2%22.2%9.7%11.1%
IV Percentile59.9%34.1%82.5%44.8%49.6%
Term Structure0.2%-1.0%3.4%0.5%-0.8%
VWIV13.3%10.1%18.4%10.1%18.4%
Skew 25d3.2%-2.6%9.1%3.9%2.1%
Skew 10d5.5%2.9%15.5%4.9%7.7%
Call IV 25d13.4%11.3%20.4%12.0%13.6%
Put IV 25d16.6%13.9%22.0%15.8%15.7%
Bid-Ask Spread %135.39120.72156.17122.19156.17
Gamma HHI0.370.210.840.840.22
Net GEX2.8K7626.7K2.2K2.8K
Net DEX-32.8K-59.9K-11.5K-28.1K-59.2K
Net VEX-73-112-45-45-75
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.3680310
Total OI6.57941147

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$139.64$127.0014.9%4.3%12.9%9.7%0.0%3.9%0.5%2.2K-28.1K-450.00122.19N/AN/A0131
2025-11-04$138.31$127.0016.1%4.6%13.2%12.3%0.0%2.7%0.1%1.1K-16.9K-640.00123.61N/AN/A0032
2025-11-05$138.92$127.0016.2%4.6%13.2%12.5%0.0%1.8%0.2%1.0K-17.5K-660.00122.51N/AN/A0032
2025-11-06$137.38$141.0016.6%4.7%13.8%13.3%0.0%2.5%0.6%990-14.2K-590.00127.97N/AN/A0032
2025-11-07$136.82$141.0018.3%4.7%11.4%16.9%0.0%5.9%0.1%762-11.5K-620.00125.09N/AN/A0032
2025-11-10$139.19$141.0016.2%4.3%12.3%12.4%0.0%3.4%0.7%1.4K-18.6K-570.00135.82N/AN/A0032
2025-11-11$139.50$141.0017.6%4.4%12.2%15.4%0.0%3.2%0.8%1.3K-19.3K-570.00140.84N/AN/A0032
2025-11-12$139.83$141.0015.2%4.4%12.1%10.4%0.0%3.1%0.5%1.3K-20.8K-560.00143.49N/AN/A0032
2025-11-13$137.40$141.0016.2%4.6%13.6%12.5%10.1%-2.6%0.3%984-14.6K-540.00141.03N/AN/A1032
2025-11-14$137.37$134.0014.2%4.1%13.2%8.2%0.0%1.0%3.4%1.5K-22.3K-720.00156.16N/AN/A0042
2025-11-17$135.46$134.0017.5%5.0%13.8%15.1%11.4%2.3%-1.0%1.3K-17.4K-580.00136.54N/AN/A3042
2025-11-18$135.14$132.0019.4%5.6%13.7%19.3%0.0%4.2%-0.9%3.9K-42.9K-1000.00136.09N/AN/A1072
2025-11-19$135.55$132.0018.6%5.3%13.4%17.5%18.4%4.2%-0.7%5.6K-52.6K-1000.00131.70N/AN/A1082
2025-11-20$133.56$132.0020.7%5.9%14.0%21.9%0.0%5.9%-0.6%6.2K-50.3K-1120.00122.62N/AN/A0092
2025-11-21$135.17$132.0020.8%6.0%14.4%22.2%0.0%9.1%-0.8%6.7K-56.9K-1080.00120.72N/AN/A0092
2025-11-24$137.05$132.0017.0%4.9%14.9%14.2%0.0%3.3%-0.3%5.3K-44.6K-910.00139.50N/AN/A0061
2025-11-25$138.42$132.0014.8%4.3%15.3%9.6%0.0%2.6%1.6%6.2K-55.8K-690.00139.43N/AN/A0061
2025-11-26$139.56$132.0014.2%4.1%15.5%8.4%0.0%2.4%0.4%3.4K-59.9K-730.00150.85N/AN/A0061
2025-11-28$139.45$132.0015.5%4.5%15.5%11.1%0.0%2.1%-0.8%2.8K-59.2K-750.00156.17N/AN/A0061