DIA Options History — June 2015

In June 2015, DIA traded between $175.91 and $181.26. ATM implied volatility averaged 12.8%, placing in the 42.7% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded above realized volatility by 3.5% (HV 20d: 9.3%). Max pain ranged from $180.00 to $181.00. Net GEX was positive for 4 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.80.

Notable Days

  • 2015-06-29: Highest Volume — 135,795 contracts
  • 2015-06-29: Largest IV spike — 31.2% change
  • 2015-06-29: Highest IV Rank — 71.1%
  • 2015-06-29: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$179.28$175.91$181.26$180.35$176.29
Max Pain$180.18$180.00$181.00$180.00$180.00
ATM IV12.8%10.9%16.3%12.4%15.5%
Expected Move3.7%3.1%5.0%3.7%4.7%
HV 20d9.3%7.5%11.6%9.3%11.6%
HV 60d10.7%9.7%12.1%12.1%10.3%
IV Rank42.7%27.0%71.1%39.2%64.8%
IV Percentile64.4%32.5%94.0%65.1%91.7%
Term Structure-0.0%-0.5%0.6%-0.2%-0.1%
VWIV13.5%11.1%20.1%14.1%20.1%
Skew 25d5.0%4.4%6.8%5.1%6.6%
Skew 10d9.4%7.3%12.5%9.5%12.5%
Call IV 25d10.7%9.0%13.4%10.1%12.9%
Put IV 25d15.7%13.5%20.2%15.2%19.4%
Bid-Ask Spread %5.933.8811.354.525.57
Gamma HHI0.050.030.210.040.05
Net GEX-42.3M-143.1M92.1M-31.8M-105.3M
Net DEX-214.3M-1.02B481.4M-307.2M397.2M
Net VEX-8.7M-9.4M-8.0M-8.5M-9.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.501.510.891.02
Total Volume90,087.59123,646135,79565,846126,118
Total OI514,258.545453,853576,923457,042536,331

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-06-01$180.35$180.0012.4%3.7%9.3%39.2%14.1%5.1%-0.2%-31.8M-307.2M-8.5M0.894.5234,86930,977201,672255,370
2015-06-02$180.15$180.0012.7%3.8%9.2%41.7%13.2%5.1%-0.1%-42.6M-75.1M-8.6M1.5111.359,43514,211197,049263,198
2015-06-03$180.82$180.0012.0%3.6%8.8%36.3%12.8%5.2%-0.0%-18.9M-426.3M-8.5M0.855.3236,52031,132208,246266,249
2015-06-04$178.99$181.0013.6%3.9%9.4%49.1%13.1%5.4%-0.3%-84.5M53.6M-8.6M0.767.0552,39539,674211,025271,871
2015-06-05$178.60$181.0013.1%3.7%9.1%45.5%13.5%5.0%-0.1%-93.0M100.5M-8.7M1.246.8545,66256,615223,644277,561
2015-06-08$177.89$180.0013.7%4.0%7.6%49.7%13.5%5.0%0.2%-98.6M171.0M-8.8M0.856.0842,25335,936218,643286,216
2015-06-09$177.72$180.0013.4%3.8%7.5%47.8%13.1%4.7%-0.1%-112.8M197.6M-8.8M0.766.4541,55031,409226,942296,514
2015-06-10$180.11$180.0011.9%3.5%9.0%35.3%12.6%4.5%0.3%-17.6M-519.6M-8.0M0.635.2860,56338,116230,994300,810
2015-06-11$180.40$180.0011.4%3.4%9.0%31.3%12.1%4.5%0.6%-19.3M-531.2M-8.4M0.895.2839,43835,287231,736310,349
2015-06-12$179.22$180.0012.2%3.6%8.5%37.7%12.3%4.5%0.4%-92.7M-78.0M-8.7M0.765.5455,21741,884234,779318,615
2015-06-15$178.12$180.0013.9%4.0%8.7%51.3%14.3%5.2%-0.2%-95.9M32.1M-8.6M0.766.7149,11137,367237,407306,806
2015-06-16$179.11$180.0013.4%3.9%8.9%47.8%14.5%5.1%-0.1%-42.1M-306.0M-8.8M0.636.4444,88628,253247,545314,764
2015-06-17$179.50$180.0013.2%3.8%9.0%46.1%13.6%4.8%-0.5%11.2M-422.7M-8.6M0.668.5646,67830,757249,884319,641
2015-06-18$181.26$180.0011.7%3.4%9.8%34.0%12.0%4.4%-0.2%92.1M-1.02B-8.4M0.504.9084,68642,043253,225323,698
2015-06-19$180.15$180.0012.2%3.5%10.0%37.4%11.1%4.9%0.0%-143.1M-320.8M-8.7M0.594.9871,91142,141238,873335,843
2015-06-22$181.00$180.0011.2%3.2%10.1%29.3%11.3%4.7%0.2%64.0M-740.7M-8.7M0.614.7552,88632,027215,740238,113
2015-06-23$181.12$181.0010.9%3.1%9.4%27.0%11.2%4.5%0.1%51.9M-731.7M-8.8M0.584.3150,61329,191222,878249,504
2015-06-24$179.57$181.0011.8%3.4%9.6%34.8%13.0%4.5%0.1%-20.5M-301.8M-8.8M0.553.9458,33631,992227,031253,103
2015-06-25$178.74$180.0012.8%3.7%9.7%42.5%13.6%5.0%-0.1%-24.9M-157.9M-8.9M0.793.8853,93442,635235,903256,488
2015-06-26$179.15$180.0012.4%3.7%9.6%39.4%14.7%5.1%-0.0%-8.3M-204.7M-9.0M0.944.9260,60756,817242,816270,869
2015-06-29$175.91$180.0016.3%5.0%11.5%71.1%17.2%6.8%-0.2%-97.3M481.4M-9.1M0.807.8375,63660,159235,790269,953
2015-06-30$176.29$180.0015.5%4.7%11.6%64.8%20.1%6.6%-0.1%-105.3M397.2M-9.4M1.025.5762,34963,769253,341282,990