What Is Max Pain in Options? The Real Math
Total payout to option holders at each candidate settlement price, SPY July 17 2026table ·
2026-07-31 · 36×2
US Stock Market Hours Around the World
The US trading day converted into ten local clocks: static illustrative reference, July 2026table ·
2026-07-31 · 10×6
Local time of the 9:30 a.m. New York open, January against July: static illustrative reference for 2026ranking ·
2026-07-31 · 6×4
The Wheel Strategy: How the Loop Works
SPY's closing price across the contract window, May 1 to Jun 15 2026series ·
2026-07-31 · 31×2
The wheel pair at entry, the SPY peak, the dip, and the final sessiontable ·
2026-07-31 · 4×5
The SPY $740 put split into intrinsic and time value, daily to Jun 15 2026series ·
2026-07-31 · 31×3
Both legs of the wheel: SPY $740 put vs $740 call, same Jun 18 2026 expiryseries ·
2026-07-31 · 31×3
The 8-4-3 Rule for Mutual Funds, Explained
An illustrative $10,000 SPY stake from year end 2005, marked at each year endranking ·
2026-07-31 · 21×3
Annualized SPY price growth over rolling eight-year windows, by starting year endranking ·
2026-07-31 · 14×3
SPY calendar-year price change vs the 12% assumption, 2006-2025ranking ·
2026-07-31 · 20×3
Multi-Agent AI Trading Systems: What Is Real
The window decides the answer: SPY calendar-year price return and intra-year high-to-low range, 2016-2025ranking ·
2026-07-31 · 10×4
Where the money trades: US dollar volume by liquidity rank tier, regular hours, June 30 2026ranking ·
2026-07-31 · 5×4
How big a typical session is: SPY close-to-close moves by size band, calendar 2025ranking ·
2026-07-31 · 5×3
The cost floor: median quoted spread in basis points of the midpoint, regular hours, June 22-26 2026ranking ·
2026-07-31 · 6×4
Monthly Dividend Stocks Explained
Trailing yield by payment schedule: liquid US-listed payers, twelve months of cash through June 2026ranking ·
2026-07-31 · 4×4
Liquid monthly payers grouped by the change in their monthly rate over three years, with each group's current yieldtable ·
2026-07-31 · 4×5
Share of a full year's dividend cash arriving in each month: one monthly payer and one quarterly payer, 2025 pay datesseries ·
2026-07-31 · 12×4
Recurring cash dividends by declared schedule: every payer on file, July 2025 through June 2026table ·
2026-07-31 · 5×5
Look-Ahead Bias: The Backtest Killer
Survivorship in the universe: names trading each year, share still listed in July 2026, and median returntable ·
2026-07-31 · 10×6
Same-bar decision vs a one-session lag: SPY, average session gain, 2016-2025table ·
2026-07-31 · 10×5
The hindsight ceiling: SPY buy and hold, the same year without its biggest up days, and perfect one-day foresighttable ·
2026-07-31 · 10×5
Kelly Criterion Position Sizing, Measured
Kelly inputs from daily closes, 2016 through 2025: win rate, average gain, average loss, and the fraction the formula returnstable ·
2026-07-31 · 6×5
The same Kelly calculation on the S&P 500 tracker, year by year, 2016 through 2025table ·
2026-07-31 · 10×5
One decade of S&P 500 daily returns compounded at eight fixed bet sizes: ending wealth and worst drawdownranking ·
2026-07-31 · 8×3
How to Read an Option Chain, Column by Column
Where the trading happened: SPY contract volume by strike, August 21 2026 expiry, July 15 2026ranking ·
2026-07-31 · 8×3
Median quoted bid and ask by strike: SPY calls expiring August 21 2026, regular session of July 15 2026table ·
2026-07-31 · 7×5
Implied volatility by strike: SPY options expiring August 21 2026, as of July 15 2026ranking ·
2026-07-31 · 11×3
SPY option volume by time to expiration, July 15 2026ranking ·
2026-07-31 · 5×4
One expiration of the SPY chain: closing prices and delta by strike, August 21 2026 expiry, as of July 15 2026table ·
2026-07-31 · 8×6
Covered Call vs Cash-Secured Put
Both positions at four moments: entry, three weeks in, the SPY high, and the June diptable ·
2026-07-31 · 4×5
What each strike paid on May 1, 2026: SPY June 18 calls and puts side by sideranking ·
2026-07-31 · 8×3
Covered call vs cash-secured put: profit and loss per share, same strike, same expiryseries ·
2026-07-31 · 29×3
American vs European Options Explained
Index roots vs ETF roots: contracts traded on July 6, 2026, with exercise styleranking ·
2026-07-31 · 8×3
July 6, 2026: contracts traded per 15 minutes, S&P 500 index options vs SPY optionsseries ·
2026-07-31 · 27×3
0DTE Options Strategies: How They Trade
Same-day options volume by premium paid: whole US tape, July 10, 2026ranking ·
2026-07-31 · 5×4
Median gamma, theta and delta by time to expiry: near-the-money US options, July 15, 2026table ·
2026-07-31 · 4×5
How July 10's same-day SPY contracts finished: expired at zero vs. settled with valueranking ·
2026-07-31 · 2×4
SPY intraday travel: close, high and low against the open, June 1 to July 10, 2026series ·
2026-07-31 · 28×5
Trading US 0DTE Options From Japan
Same-day options volume by Japan Standard Time hour: all US-listed options, Friday July 10, 2026ranking ·
2026-07-31 · 7×4
Median bid-ask spread on SPY same-day contracts quoted $1-$10, by Japan Standard Time hour: July 10, 2026ranking ·
2026-07-31 · 7×4
Japanese local time of each US session boundary, January against July: static illustrative reference for 2026series ·
2026-07-31 · 4×4
The US trading day converted into Japan Standard Time: static illustrative reference, July 2026series ·
2026-07-31 · 6×5
SPCX: SpaceX's First Month on the Public Market
The whole SPCX tape in one row: prints, print sizes, and the quote censusscalar ·
2026-07-27 · 1×1241.01
Symbol-reuse receipt: thirteen months of SPCX minute bars, May 2026 is absent entirelyseries ·
2026-07-27 · 12×5
Where the contracts landed: call and put volume by strike buckettable ·
2026-07-27 · 19×5
The seasoning curve: regular-hours spread by session, per-update and time-weightedseries ·
2026-07-27 · 12×8
June 30 anchors: a mega-cap, SPCX, and a thin small-cap, same session, same mathtable ·
2026-07-27 · 3×6
FINRA off-exchange short volume by session: marked-short share and reported volumeseries ·
2026-07-27 · 12×4
The first short-interest print, with the old-entity cliff as its own receiptscalar ·
2026-07-27 · 1×923.34
The sessions: regular-hours close, close-over-close change, full-day volumeseries ·
2026-07-27 · 12×5
Every SpaceX 8-K filed in June 2026, with the opening lines of eachtable ·
2026-07-27 · 6×3
Options session by session: contracts, the call/put split, and the put/call ratioseries ·
2026-07-27 · 10×7
What it cost to trade the busiest contract: NBBO spread over its three sessionsseries ·
2026-07-27 · 3×6
SpaceX's options market in one row: totals, expiry structure, flagship contractsscalar ·
2026-07-27 · 1×2210
The information flow in one row: tagging switches on, feed composition, co-tagsscalar ·
2026-07-27 · 1×170
The month on one row: issue to close, with the extremes and their receiptsscalar ·
2026-07-27 · 1×22135
Listing day on one row: first quote, opening cross, closing cross, day totalsscalar ·
2026-07-27 · 1×142.24
The IPO record: the entity behind SPCX since June 12, 2026scalar ·
2026-07-27 · 1×8135
SpaceX's 2026 SEC trail by form type, in filing order (CIK 0001181412, deduped by accession)ranking ·
2026-07-27 · 12×4
The whole US tape ranked by June 12–30 regular-hours dollar volumeranking ·
2026-07-27 · 12×4
Day one by half hour: quote updates and the median spread finding its levelranking ·
2026-07-27 · 13×4
Why Do Stocks Gap Up or Down Overnight?
Overnight gaps by ticker, H1 2026: average absolute gap and the single biggest gapseries ·
2026-07-26 · 6×5
MSFT straddle prices at the close before the gap: Jan 28, 2026, Jan 30 expirytable ·
2026-07-26 · 4×5
MSFT: how the January 29, 2026 gap formed, 30-minute premarket bucketsseries ·
2026-07-26 · 11×8
SPY, H1 2026: average absolute overnight gap vs average absolute intraday movescalar ·
2026-07-26 · 1×4123
What crossed the wire during SPY's biggest overnight gap of H1 2026table ·
2026-07-26 · 2×3
SPY overnight gaps by weekday: every session, January 2024 through June 2026series ·
2026-07-26 · 5×4
SPY's six biggest overnight gaps of H1 2026: and the same day's open-to-close moveseries ·
2026-07-26 · 6×3
What Is VWAP? Volume-Weighted Average Price
The receipt: VWAP from every individual trade vs. the minute-bar shortcut (AAPL, July 2, 2026)scalar ·
2026-07-26 · 1×5305.9162
Same session, five stocks, five VWAPs: final-minute price vs. session VWAP, July 2, 2026ranking ·
2026-07-26 · 5×4
AAPL, July 2, 2026: session VWAP vs. equal-weight average vs. the final-minute pricescalar ·
2026-07-26 · 1×8390
AAPL price vs. running VWAP: July 2, 2026 regular session, sampled every 5 minutesseries ·
2026-07-26 · 78×3
What Is the Opening Auction? How Stocks Open
The opening cross vs. the rest of the day: SPY, AAPL, NVDA on July 2, 2026series ·
2026-07-26 · 3×12
AAPL volume by quarter-hour, July 2, 2026: pre-market to after-hours (ET)series ·
2026-07-26 · 64×2
The 9:30 bar vs. the 12:30 bar: SPY, AAPL, NVDA on July 2, 2026table ·
2026-07-26 · 3×8
The tape's own labels for the open, straight from the code dictionaryranking ·
2026-07-26 · 5×3
The receipt: AAPL's opening cross vs. everything that traded before it, July 1-2, 2026scalar ·
2026-07-26 · 1×14390
What Is the Closing Auction? (Closing Cross)
Quarter-end (June 30) vs. mid-month (June 16, 2026): the same three closing auctionstable ·
2026-07-26 · 3×8
The tape's own labels for the close, straight from the code dictionaryranking ·
2026-07-26 · 4×3
The closing auction vs. everything else: SPY, AAPL, NVDA on July 2, 2026table ·
2026-07-26 · 3×10
The receipt: AAPL's auction print vs. its last continuous trade, July 2, 2026scalar ·
2026-07-26 · 1×12390
What Is Days to Cover? Short Interest Ratio
Every settlement since March 2026: and how long it took to arriveseries ·
2026-07-26 · 8×6
GME days to cover, settlement by settlement: June 2020 through the January 29, 2021 squeeze printseries ·
2026-07-26 · 15×5
Days to cover, four familiar names: settlement of June 30, 2026ranking ·
2026-07-26 · 4×4
Days to cover across liquid names (5M+ shares/day ADV): settlement of June 30, 2026ranking ·
2026-07-26 · 5×2
Two crowding measures, six names: short interest as % of shares outstanding vs. days to covertable ·
2026-07-26 · 6×5
Highest days to cover among liquid names (5M+ shares/day ADV): settlement of June 30, 2026ranking ·
2026-07-26 · 12×4
Days to cover by trading-volume tier: every name in the June 30, 2026 settlementtable ·
2026-07-26 · 4×7
What Is Dark Pool Trading? FINRA Volume Data
Where AAPL's trade reports came from on July 2, 2026: and which carry a TRF timestampranking ·
2026-07-26 · 6×4
The receipt: TRF timestamps and the FINRA venue code agree on every AAPL reportscalar ·
2026-07-26 · 1×5390
Anatomy of TSLA's prints on July 2, 2026: off-exchange vs. on-exchangetable ·
2026-07-26 · 2×7
Off-exchange share of matched volume: five liquid names, July 2, 2026ranking ·
2026-07-26 · 5×4
NVDA's off-exchange share of volume by Eastern-time hour, July 2, 2026ranking ·
2026-07-26 · 16×4
What Is Average Daily Volume (ADV)?
MU's sharpest 2026 volume shock: the event day vs the trailing ADV before and afterscalar ·
2026-07-26 · 1×664.7
MU: rolling 20-session vs 90-session ADV, December 2025 through July 10, 2026 (sampled every third session)series ·
2026-07-26 · 49×3
Options ADV: average daily contracts and share-equivalent exposure (June 11 – July 10, 2026)ranking ·
2026-07-26 · 4×4
ADV by hand: KO's five daily volumes, their sum, and the average (July 6–10, 2026)series ·
2026-07-26 · 5×5
Days to cover, recomputed: FINRA's denominator vs this page's 20-session regular-hours ADV (settlement June 30, 2026)table ·
2026-07-26 · 2×6
20-session regular-hours ADV: shares, dollars, and the extended-hours share (June 11 – July 10, 2026)table ·
2026-07-26 · 5×5
Dollar ADV across the whole US tape: percentiles and threshold counts (June 11 – July 10, 2026)scalar ·
2026-07-26 · 1×1010,864
ZM at-the-money IV by days to expiry, most recent week of data
ZM at-the-money IV by days to expiry, most recent week of data
| dte_bucket | atm_iv_pct | contract_count | as_of |
|---|---|---|---|
| 0 to 10 days | 53.8 | 162 | Oct 22, 2026 |
| 11 to 30 days | 42.9 | 149 | Oct 22, 2026 |
| 31 to 60 days | 44.7 | 83 | Oct 22, 2026 |
| 61 to 120 days | 45 | 47 | Oct 22, 2026 |
| over 120 days | 44.7 | 71 | Oct 22, 2026 |
the exact SQL behind every number
SELECT
multiIf(days_to_expiry <= 10, '0 to 10 days',
days_to_expiry <= 30, '11 to 30 days',
days_to_expiry <= 60, '31 to 60 days',
days_to_expiry <= 120, '61 to 120 days',
'over 120 days') AS dte_bucket,
round(100 * avg(toFloat64(implied_volatility)), 1) AS atm_iv_pct,
count() AS contract_count,
formatDateTime(max(date), '%b %e, %Y') AS as_of
FROM global_markets.options_greeks
WHERE underlying_symbol = 'ZM'
AND iv_converged = 1
AND volume > 0
AND toFloat64(underlying_close) > 0
AND abs(toFloat64(strike_price) / toFloat64(underlying_close) - 1) < 0.05
AND date >= (
SELECT max(date)
FROM global_markets.options_greeks
WHERE underlying_symbol = 'ZM' AND iv_converged = 1
) - 7
GROUP BY dte_bucket
ORDER BY min(days_to_expiry)
More from this analysisZM Implied Volatility: Zoom IV and Earnings
ZM at-the-money 30-day implied volatility, recent sessions
series 83×4
→
ZM at-the-money IV before and on the biggest one-session drop in each quarter
table 9×5
→
ZM at-the-money IV by calendar year: average, low and high
table 8×5
→
Implied volatility beside the movement each stock actually delivered over the prior 30 sessions
ranking 11×4
→
See all 3,293 queries →