DIA Options History — June 2025

In June 2025, DIA traded between $421.54 and $440.37. ATM implied volatility averaged 13.9%, placing in the 12.5% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 1.4% (HV 20d: 12.5%). Max pain ranged from $420.00 to $422.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 1.03.

Notable Days

  • 2025-06-27: Highest Volume — 54,597 contracts
  • 2025-06-13: Largest IV spike — 19.7% change
  • 2025-06-17: Highest IV Rank — 18.7%
  • 2025-06-13: Largest Expected Move — 4.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$427.89$421.54$440.37$423.31$440.37
Max Pain$420.65$420.00$422.00$420.00$422.00
ATM IV13.9%12.8%15.8%14.2%13.3%
Expected Move4.0%3.5%4.6%4.2%3.7%
HV 20d12.5%10.3%14.4%14.3%12.2%
HV 60d28.6%28.3%29.1%29.1%28.3%
IV Rank12.5%9.2%18.7%13.7%10.7%
IV Percentile54.7%39.3%77.4%59.1%46.8%
Term Structure0.2%-0.2%0.5%0.3%0.1%
VWIV14.5%12.5%17.6%17.6%13.4%
Skew 25d4.2%2.8%5.4%4.3%3.4%
Skew 10d9.5%5.8%12.5%9.1%7.9%
Call IV 25d12.3%10.1%14.1%12.6%12.1%
Put IV 25d16.4%14.7%19.2%16.9%15.5%
Bid-Ask Spread %9.603.3520.135.554.48
Gamma HHI0.070.030.270.040.27
Net GEX100.6M-85.3M558.1M2.5M558.1M
Net DEX-665.8M-2.07B562.6M-240.4M-2.01B
Net VEX-23.3M-24.3M-21.9M-24.3M-21.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.262.301.790.75
Total Volume30,911.814,56554,59717,43737,359
Total OI443,696.7381,281484,431439,483403,627

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-06-02$423.31$420.0014.2%4.2%14.3%13.7%17.6%4.3%0.3%2.5M-240.4M-24.3M1.795.556,24511,192166,763272,720
2025-06-03$425.94$420.0013.6%3.9%14.4%11.7%14.0%3.4%0.2%59.3M-616.3M-24.2M0.7310.4510,3017,485168,704277,776
2025-06-04$425.62$420.0013.6%3.9%14.0%11.9%15.3%3.6%0.2%45.8M-573.0M-23.9M2.308.574,42010,145170,840279,512
2025-06-05$424.58$420.0013.9%4.1%14.0%12.6%14.0%4.0%0.2%-3.1M-393.6M-24.2M0.598.9623,05513,583172,322285,085
2025-06-06$428.61$420.0012.8%3.7%14.1%9.2%13.7%4.8%0.4%141.4M-1.01B-24.1M1.3810.0412,78517,650183,774288,690
2025-06-09$428.85$420.0013.3%3.8%13.7%10.6%14.1%3.2%0.0%79.8M-897.7M-23.6M0.839.0610,9419,028170,757274,238
2025-06-10$429.06$420.0013.0%3.8%10.6%9.7%14.1%2.8%0.2%80.3M-893.1M-23.6M0.269.2718,8684,983175,143278,424
2025-06-11$429.18$420.0013.4%3.9%10.5%11.1%13.4%3.7%0.0%96.7M-888.6M-23.7M0.628.0024,80215,322180,144279,761
2025-06-12$429.99$421.0013.2%3.8%10.3%10.4%13.9%4.0%0.3%97.6M-1.06B-23.7M0.467.9719,2068,753185,291285,679
2025-06-13$421.80$421.0015.8%4.6%12.4%18.6%15.9%5.4%0.1%-85.3M324.8M-24.2M0.998.9322,74122,531197,047287,384
2025-06-16$426.01$421.0014.3%4.1%12.6%14.0%14.1%4.8%-0.1%23.0M-422.6M-23.8M0.938.3813,01812,109185,674275,840
2025-06-17$423.24$421.0015.8%4.5%12.8%18.7%16.0%5.1%-0.2%-24.6M43.3M-23.9M1.717.567,31112,491189,481280,147
2025-06-18$423.40$421.0015.3%4.4%12.7%17.1%15.8%5.1%0.0%-30.7M32.7M-23.8M0.368.8924,3568,749191,671282,246
2025-06-20$421.54$421.0015.2%4.4%11.4%16.7%15.7%5.4%0.1%-48.4M562.6M-22.9M0.793.3524,84219,698188,953282,347
2025-06-23$424.88$421.0014.7%4.2%11.7%15.0%15.0%5.3%0.3%13.4M-30.8M-22.6M0.9520.1320,58119,626149,989231,292
2025-06-24$431.56$421.0013.2%3.9%12.5%10.1%14.2%4.0%0.2%212.5M-1.08B-22.2M1.5618.439,45914,720158,376239,177
2025-06-25$429.52$421.0013.1%3.7%11.6%9.8%13.6%4.2%0.3%107.9M-698.1M-22.1M1.6915.176,88011,619157,413242,706
2025-06-26$433.44$421.0013.0%3.6%11.8%9.4%13.2%3.5%0.4%316.9M-1.39B-22.0M1.1410.8621,84024,945160,251248,526
2025-06-27$436.91$421.0012.9%3.5%12.0%9.4%12.5%3.3%0.5%368.8M-2.07B-22.3M0.698.0232,32922,268171,920254,244
2025-06-30$440.37$422.0013.3%3.7%12.2%10.7%13.4%3.4%0.1%558.1M-2.01B-21.9M0.754.4821,32316,036158,415245,212