GOVT Options History — August 2017

In August 2017, GOVT traded between $25.28 and $25.51. ATM implied volatility averaged 30.4%. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 27.7% (HV 20d: 2.7%). Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 1 of 23 days. Put/call ratio averaged 0.00.

Notable Days

  • 2017-08-08: Highest Volume — 2 contracts
  • 2017-08-08: Largest IV spike — 878.4% change
  • 2017-08-31: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.39$25.28$25.51$25.29$25.51
ATM IV30.4%3.3%51.1%21.5%44.8%
Expected Move7.9%0.9%12.9%6.2%12.9%
HV 20d2.7%2.4%3.0%2.7%2.4%
Term Structure-13.3%-37.8%1.0%-11.6%-18.7%
Skew 25d-0.6%-69.3%30.6%-1.1%3.2%
Skew 10d6.8%-19.3%17.5%6.9%11.3%
Call IV 25d34.4%4.2%76.5%48.2%55.9%
Put IV 25d33.8%5.6%59.1%47.1%59.1%
Bid-Ask Spread %140.3623.52164.34155.83157.44
Gamma HHI0.670.501.001.000.51
Net GEX1175019058135
Net DEX-3.0K-3.7K-2.0K-2.2K-3.3K
Net VEX-9-13-2-4-10
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.7831212
Total OI1.7391212

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-08-01$25.29$0.0021.5%6.2%2.7%0.0%0.0%-1.1%-11.6%58-2.2K-40.00155.831010
2017-08-02$25.29$0.0025.3%7.3%2.6%0.0%0.0%2.5%-16.8%60-2.2K-40.00163.581010
2017-08-03$25.36$0.0042.8%4.9%2.7%0.0%0.0%-16.8%-5.7%70-2.0K-40.00142.281010
2017-08-04$25.29$0.0024.3%4.5%2.8%0.0%0.0%1.1%-25.4%50-2.3K-20.0057.061010
2017-08-07$25.31$0.005.2%1.3%2.8%0.0%0.0%3.3%-1.1%57-2.1K-40.0023.521010
2017-08-08$25.28$0.0051.1%5.1%2.9%0.0%0.0%-4.6%-6.7%64-2.0K-40.00150.932010
2017-08-09$25.33$0.0017.0%4.9%2.8%0.0%0.0%1.9%-9.4%152-3.0K-110.00156.372020
2017-08-10$25.38$0.0028.8%8.3%2.8%0.0%0.0%2.3%-9.3%127-3.2K-110.00164.292020
2017-08-11$25.41$0.0029.2%8.4%2.8%0.0%0.0%6.3%-18.0%190-3.5K-100.00163.912020
2017-08-14$25.36$0.0043.3%12.4%2.9%0.0%0.0%-69.3%-37.8%75-2.9K-130.00153.162020
2017-08-15$25.32$0.003.3%0.9%2.9%0.0%0.0%0.9%1.0%139-3.4K-110.0040.212020
2017-08-16$25.35$0.0031.6%9.1%2.9%0.0%0.0%2.5%-11.9%144-3.0K-110.00159.972020
2017-08-17$25.41$0.0032.1%9.2%3.0%0.0%0.0%2.5%-12.1%149-3.1K-110.00159.912020
2017-08-18$25.41$0.0032.6%9.4%3.0%0.0%0.0%2.5%-12.9%127-3.2K-110.00160.612020
2017-08-21$25.42$0.0019.8%5.7%3.0%0.0%0.0%1.9%-11.2%161-3.3K-110.00127.202020
2017-08-22$25.39$0.0022.0%6.3%2.5%0.0%0.0%1.5%-10.9%88-3.7K-80.00155.422020
2017-08-23$25.45$0.0036.0%10.3%2.5%0.0%0.0%2.7%-15.0%119-3.5K-90.00164.342020
2017-08-24$25.42$0.0036.8%10.6%2.5%0.0%0.0%2.8%-16.9%117-3.2K-120.00161.842020
2017-08-25$25.44$0.0037.7%10.8%2.5%0.0%0.0%30.6%-16.0%141-3.2K-110.00139.202020
2017-08-28$25.46$0.0040.7%11.7%2.5%0.0%0.0%3.0%-15.7%161-3.2K-110.00164.022020
2017-08-29$25.50$0.0041.8%12.0%2.5%0.0%0.0%3.0%-15.1%159-3.2K-100.00163.312020
2017-08-30$25.48$0.0031.0%8.9%2.6%0.0%0.0%3.0%-8.4%150-3.3K-110.00143.822020
2017-08-31$25.51$0.0044.8%12.9%2.4%0.0%0.0%3.2%-18.7%135-3.3K-100.00157.442020