DIA Options History — July 2024

In July 2024, DIA traded between $391.26 and $411.58. ATM implied volatility averaged 11.8%, placing in the 38.9% IV rank vs the trailing year. The 30-day expected move averaged 3.4%. IV traded above realized volatility by 2.8% (HV 20d: 9.0%). Max pain ranged from $390.00 to $400.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.03.

Notable Days

  • 2024-07-12: Highest Volume — 166,836 contracts
  • 2024-07-24: Largest IV spike — 13.1% change
  • 2024-07-30: Highest IV Rank — 68.5%
  • 2024-07-30: Largest Expected Move — 4.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$400.97$391.26$411.58$391.26$409.98
Max Pain$395.36$390.00$400.00$390.00$400.00
ATM IV11.8%10.0%13.8%10.4%12.6%
Expected Move3.4%2.7%4.1%2.9%3.7%
HV 20d9.0%6.4%12.0%6.5%11.9%
HV 60d9.5%8.7%10.1%9.6%9.8%
IV Rank38.9%12.5%68.5%18.4%50.4%
IV Percentile63.0%12.7%91.3%29.0%79.4%
Term Structure0.0%-0.2%0.4%0.1%-0.1%
VWIV12.1%9.6%15.1%10.2%13.4%
Skew 25d2.3%1.1%3.3%2.3%2.6%
Skew 10d5.3%3.1%8.8%5.3%6.3%
Call IV 25d10.8%9.0%12.4%9.3%11.3%
Put IV 25d13.1%11.0%15.4%11.6%13.9%
Bid-Ask Spread %7.504.9110.486.767.60
Gamma HHI0.060.030.150.060.06
Net GEX204.9M-60.8M928.1M44.1M216.1M
Net DEX-2.49B-5.02B-972.8M-1.28B-3.28B
Net VEX-16.5M-18.0M-14.2M-16.6M-16.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.592.401.220.97
Total Volume70,23227,744166,83651,65047,280
Total OI511,666.091440,991597,296440,991540,077

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$391.26$390.0010.4%2.9%6.5%18.4%10.2%2.3%0.1%44.1M-1.28B-16.6M1.226.7623,24028,410171,112269,879
2024-07-02$393.00$390.0010.0%2.7%6.6%12.5%9.6%2.0%0.1%134.4M-1.62B-16.4M0.867.0516,88514,505173,851277,357
2024-07-03$392.75$390.0010.2%2.7%6.5%14.9%9.7%1.9%0.2%109.5M-1.57B-16.4M1.107.5417,71219,516175,923281,812
2024-07-05$393.65$390.0010.2%3.0%6.5%15.2%12.6%2.0%0.1%215.5M-1.78B-16.5M0.5910.4829,05717,249184,856290,539
2024-07-08$393.25$391.0010.7%3.1%6.5%22.7%11.4%2.0%-0.1%169.6M-1.61B-16.3M0.779.2232,48625,016176,678280,931
2024-07-09$393.08$391.0010.9%3.1%6.4%25.5%11.1%2.0%-0.0%174.2M-1.60B-16.3M0.828.5726,69221,838189,931294,769
2024-07-10$396.03$391.0011.0%3.1%6.9%27.6%11.5%1.9%-0.0%364.7M-2.49B-15.9M0.649.2630,28619,257193,118303,244
2024-07-11$397.52$392.0011.1%3.1%6.8%28.0%10.8%1.6%-0.1%509.5M-2.83B-16.3M0.638.7453,09833,590198,981312,749
2024-07-12$400.86$392.0010.5%3.0%7.1%19.5%10.3%1.1%-0.0%928.1M-3.98B-15.6M0.7910.4692,96273,874213,985323,798
2024-07-15$402.01$392.0011.0%3.1%7.1%26.7%11.0%1.5%0.1%358.7M-3.34B-15.1M0.757.7928,64521,482196,897317,799
2024-07-16$409.35$393.0011.4%3.3%8.9%33.1%11.8%1.5%0.1%384.5M-4.89B-14.2M0.997.5255,00454,199202,252324,931
2024-07-17$411.58$396.0012.2%3.5%8.9%45.0%12.8%1.9%0.2%269.5M-5.02B-15.0M1.166.5957,91467,236210,688348,661
2024-07-18$407.08$400.0012.8%3.7%10.1%52.8%13.3%2.6%0.4%134.3M-3.44B-16.9M2.408.7346,162110,635220,960376,336
2024-07-19$402.52$400.0013.3%3.8%11.0%60.1%13.1%3.3%0.1%-10.4M-1.75B-18.0M1.244.9145,38756,492220,302373,815
2024-07-22$404.19$400.0012.2%3.5%11.0%44.9%11.7%2.7%-0.0%87.7M-2.10B-16.3M0.816.0022,29218,045189,838303,349
2024-07-23$403.87$400.0012.1%3.5%10.7%43.8%11.9%2.7%-0.1%75.4M-1.96B-17.3M0.906.7014,59613,148195,032307,845
2024-07-24$398.96$400.0013.7%4.0%11.1%66.8%13.3%3.1%-0.2%-60.8M-972.8M-17.3M0.956.9733,32831,744196,980313,287
2024-07-25$400.71$400.0013.5%3.9%11.2%63.7%14.5%3.2%-0.1%42.3M-1.51B-17.9M1.236.6529,39636,082208,539313,230
2024-07-26$405.97$400.0013.2%3.8%12.0%58.9%13.7%3.0%-0.1%150.9M-2.69B-17.9M1.446.9141,75960,103214,459326,179
2024-07-29$406.22$400.0013.1%3.9%11.9%58.0%14.3%2.9%-0.2%97.1M-2.36B-17.6M1.255.3215,34619,226190,666326,064
2024-07-30$407.59$400.0013.8%4.1%11.9%68.5%15.1%2.8%-0.2%112.6M-2.67B-16.9M1.245.1819,63824,292194,123330,832
2024-07-31$409.98$400.0012.6%3.7%11.9%50.4%13.4%2.6%-0.1%216.1M-3.28B-16.8M0.977.6023,95923,321200,882339,195