SUSA Options History — January 2026

In January 2026, SUSA traded between $138.71 and $142.79. ATM implied volatility averaged 15.6%, placing in the 11.2% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 4.9% (HV 20d: 10.7%). Max pain ranged from $138.00 to $140.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2026-01-21: Highest Volume — 1 contracts
  • 2026-01-14: Largest IV drop — 42.4% change
  • 2026-01-13: Highest IV Rank — 30.4%
  • 2026-01-20: Largest Expected Move — 4.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$141.40$138.71$142.79$139.56$141.01
Max Pain$139.26$138.00$140.00$140.00$138.00
ATM IV15.6%12.7%24.8%14.0%14.5%
Expected Move3.8%3.4%4.6%4.0%4.2%
HV 20d10.7%8.0%12.6%9.2%12.5%
HV 60d12.2%11.5%12.7%12.6%12.5%
IV Rank11.2%5.1%30.4%7.9%8.9%
IV Percentile39.2%7.9%90.9%27.0%33.3%
Term Structure1.0%-1.1%3.0%-1.1%0.0%
VWIV17.2%17.2%17.2%17.2%17.2%
Skew 25d3.0%2.0%5.4%2.9%3.7%
Skew 10d2.9%2.3%5.6%5.6%3.1%
Call IV 25d10.8%10.0%12.0%11.1%11.7%
Put IV 25d13.7%12.3%15.9%14.0%15.4%
Bid-Ask Spread %127.73120.23157.31157.31124.48
Gamma HHI0.830.511.001.000.51
Net GEX1.7K1.2K2.9K1.2K2.9K
Net DEX-12.7K-22.4K-6.8K-7.3K-19.2K
Net VEX-20-27-16-20-23
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.050100
Total OI1.351212

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$139.56$0.0014.0%4.0%9.2%7.9%0.0%2.9%-1.1%1.2K-7.3K-200.00157.31N/AN/A0010
2026-01-05$140.61$140.0016.1%3.6%9.6%12.3%0.0%2.4%2.3%1.3K-8.2K-190.00132.87N/AN/A0010
2026-01-06$141.83$140.0015.0%3.6%9.9%10.1%0.0%2.5%1.5%1.2K-8.7K-190.00129.16N/AN/A0010
2026-01-07$141.47$140.0017.3%3.6%9.9%14.8%0.0%2.2%1.9%1.2K-9.0K-180.00126.83N/AN/A0010
2026-01-08$141.03$140.0018.0%3.5%10.0%16.2%0.0%2.3%1.9%1.3K-8.5K-190.00128.37N/AN/A0010
2026-01-09$142.19$140.0017.3%3.6%10.0%14.8%0.0%2.0%2.3%1.2K-9.2K-180.00125.99N/AN/A0010
2026-01-12$142.30$140.0022.0%3.7%10.0%24.7%0.0%3.3%1.6%1.4K-9.1K-170.00126.34N/AN/A0010
2026-01-13$141.70$140.0024.8%3.4%9.1%30.4%0.0%2.5%3.0%1.3K-9.6K-170.00126.57N/AN/A0010
2026-01-14$140.96$140.0014.2%4.1%9.3%8.4%0.0%3.4%1.8%1.2K-8.3K-170.00124.52N/AN/A0010
2026-01-15$141.74$140.0013.0%3.7%9.4%5.7%0.0%2.2%-0.4%1.2K-9.2K-170.00123.75N/AN/A0010
2026-01-16$141.84$140.0012.7%3.6%8.0%5.1%0.0%2.7%1.0%1.3K-9.4K-160.00127.50N/AN/A0010
2026-01-20$138.71$140.0015.9%4.6%11.2%11.9%0.0%3.3%0.0%1.2K-6.8K-160.00123.22N/AN/A0010
2026-01-21$140.73$140.0014.6%4.2%12.2%9.2%17.2%3.7%0.9%1.3K-7.8K-160.00120.23N/AN/A1010
2026-01-22$141.45$138.0013.5%3.9%12.1%6.7%0.0%2.6%0.3%2.5K-20.1K-270.00126.14N/AN/A0020
2026-01-23$141.27$138.0013.4%3.9%12.0%6.7%0.0%3.2%0.6%2.6K-19.3K-270.00127.42N/AN/A0020
2026-01-26$142.48$138.0013.8%4.0%12.4%7.4%0.0%3.3%0.3%2.3K-21.2K-240.00126.80N/AN/A0020
2026-01-27$142.79$138.0013.7%3.9%12.4%7.2%0.0%2.8%-0.1%2.3K-22.4K-210.00128.42N/AN/A0020
2026-01-28$142.73$138.0013.8%3.9%12.3%7.4%0.0%2.5%-0.3%2.2K-22.2K-210.00127.05N/AN/A0020
2026-01-29$141.60$138.0013.9%4.0%12.6%7.6%0.0%5.4%1.8%2.6K-19.5K-240.00121.66N/AN/A0020
2026-01-30$141.01$138.0014.5%4.2%12.5%8.9%0.0%3.7%0.0%2.9K-19.2K-230.00124.48N/AN/A0020