ATS Options History — December 2023

In December 2023, ATS traded between $38.84 and $44.02. ATM implied volatility averaged 43.7%. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 10.1% (HV 20d: 33.6%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.73.

Notable Days

  • 2023-12-19: Highest Volume — 43 contracts
  • 2023-12-13: Largest IV drop — 68.6% change
  • 2023-12-01: Largest Expected Move — 17.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.69$38.84$44.02$39.98$43.26
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV43.7%22.3%114.3%59.6%27.2%
Expected Move9.2%6.4%17.1%17.1%7.8%
HV 20d33.6%26.9%47.4%45.0%31.7%
HV 60d39.4%38.2%40.1%40.1%38.2%
Term Structure-0.3%-24.4%14.1%-24.4%13.5%
VWIV34.4%34.4%34.4%34.4%34.4%
Skew 25d5.5%-7.3%22.5%11.2%6.8%
Skew 10d9.3%-11.6%61.6%61.6%7.9%
Call IV 25d35.0%24.5%73.9%73.9%27.4%
Put IV 25d40.6%25.6%85.1%85.1%34.2%
Bid-Ask Spread %118.45109.02126.45118.74112.56
Gamma HHI0.620.490.720.710.49
Net GEX481-5991.2K867-491
Net DEX-29.1K-42.1K-21.6K-24.0K-23.5K
Net VEX-185-362-94-105-348
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.730.002.910.000.00
Total Volume2.3504300
Total OI27.2511581158

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$39.98$0.0059.6%17.1%45.0%0.0%0.0%11.2%-24.4%867-24.0K-1050.00118.74N/AN/A00110
2023-12-04$40.48$0.0069.7%9.5%44.2%0.0%0.0%-1.8%-23.7%919-27.2K-1020.00126.45N/AN/A00110
2023-12-05$38.84$0.0051.6%10.5%47.4%0.0%0.0%1.4%-5.5%881-23.0K-1010.00117.65N/AN/A00110
2023-12-06$39.56$0.0050.0%12.5%47.4%0.0%0.0%-3.7%-14.6%844-24.7K-1020.00123.26N/AN/A00110
2023-12-07$39.27$0.0057.3%11.3%36.1%0.0%0.0%-1.2%-7.8%867-22.0K-1020.00125.63N/AN/A00110
2023-12-08$38.89$0.0056.4%8.6%31.3%0.0%0.0%-7.3%4.0%772-21.6K-1010.00124.15N/AN/A00110
2023-12-11$39.98$0.0092.1%10.5%29.8%0.0%0.0%2.8%-11.4%1.0K-24.1K-1000.00123.19N/AN/A00110
2023-12-12$39.75$0.00114.3%11.0%29.5%0.0%0.0%4.4%-5.5%821-22.5K-1000.00124.03N/AN/A00110
2023-12-13$41.45$0.0035.9%10.3%26.9%0.0%0.0%11.3%-4.4%903-28.9K-990.00117.45N/AN/A00110
2023-12-14$42.74$0.0026.6%7.6%28.6%0.0%34.4%22.5%5.7%862-32.8K-940.00117.02N/AN/A10110
2023-12-15$42.72$40.0026.5%7.6%28.6%0.0%0.0%-0.1%3.3%956-37.0K-950.00117.08N/AN/A10120
2023-12-18$42.77$40.0022.3%6.4%28.1%0.0%0.0%0.1%13.2%1.2K-38.0K-1030.00116.71N/AN/A00130
2023-12-19$43.97$40.0026.8%7.7%29.2%0.0%0.0%13.1%9.9%1.1K-42.1K-972.91114.50N/AN/A1132130
2023-12-20$43.00$40.0031.5%9.0%30.9%0.0%0.0%18.9%-5.1%-599-23.9K-3620.00116.61N/AN/A002432
2023-12-21$43.23$40.0023.5%6.7%30.9%0.0%0.0%-1.3%7.7%-211-31.4K-3500.00115.19N/AN/A002432
2023-12-22$43.05$40.0023.9%6.9%31.0%0.0%0.0%9.1%7.0%-583-24.3K-3550.00109.02N/AN/A102432
2023-12-26$44.02$40.0024.4%7.0%31.6%0.0%0.0%12.5%14.1%-108-40.0K-3250.00118.89N/AN/A002532
2023-12-27$43.37$40.0028.6%8.2%32.2%0.0%0.0%6.3%9.6%-201-36.8K-3250.00115.96N/AN/A002532
2023-12-28$43.48$40.0026.2%7.5%32.0%0.0%0.0%5.7%7.5%-231-34.7K-3250.00114.90N/AN/A012532
2023-12-29$43.26$40.0027.2%7.8%31.7%0.0%0.0%6.8%13.5%-491-23.5K-3480.00112.56N/AN/A002533