GOVT Options History — November 2017

In November 2017, GOVT traded between $25.10 and $25.24. ATM implied volatility averaged 24.6%. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 22.0% (HV 20d: 2.6%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2017-11-01: Highest Volume — 2 contracts
  • 2017-11-07: Largest IV spike — 92.2% change
  • 2017-11-30: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.18$25.10$25.24$25.16$25.10
Max Pain$23.00$23.00$23.00$23.00$23.00
ATM IV24.6%13.4%50.4%21.9%40.7%
Expected Move6.6%3.5%11.7%6.3%11.7%
HV 20d2.6%2.4%2.8%2.6%2.6%
HV 60d2.9%2.6%2.9%2.9%2.6%
Term Structure-10.0%-16.2%7.6%-13.4%-16.2%
VWIV49.0%33.1%64.5%42.0%64.5%
Skew 25d-1.4%-20.5%15.1%2.2%2.7%
Skew 10d5.1%-7.6%22.8%7.9%10.9%
Call IV 25d38.8%19.4%56.1%50.8%56.1%
Put IV 25d37.4%9.1%58.7%53.0%58.7%
Bid-Ask Spread %159.18135.54184.35184.35162.19
Gamma HHI0.650.501.000.520.50
Net GEX14288172170131
Net DEX-3.2K-3.5K-2.9K-2.9K-3.1K
Net VEX-7-8-5-8-7
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume22222
Total OI22222

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-11-01$25.16$0.0021.9%6.3%2.6%0.0%0.0%2.2%-13.4%170-2.9K-80.00184.352020
2017-11-02$25.18$23.0022.6%7.7%2.6%0.0%42.0%1.3%-8.1%172-3.0K-80.00163.342020
2017-11-03$25.21$23.0023.3%7.7%2.6%0.0%41.7%1.7%-7.8%168-3.0K-80.00162.812020
2017-11-06$25.23$23.0026.2%7.9%2.6%0.0%43.7%1.1%-9.3%157-3.1K-80.00161.152020
2017-11-07$25.24$23.0050.4%3.5%2.6%0.0%0.0%-8.9%-4.8%150-3.3K-50.00145.392020
2017-11-08$25.22$23.0017.5%5.0%2.6%0.0%40.8%-20.1%-7.7%98-3.5K-60.00159.082020
2017-11-09$25.21$23.0029.0%8.3%2.6%0.0%45.0%1.8%-9.8%169-3.0K-70.00162.322020
2017-11-10$25.12$23.0029.0%8.3%2.7%0.0%44.5%2.0%-10.0%168-2.9K-70.00161.442020
2017-11-13$25.12$23.0030.2%8.7%2.7%0.0%46.8%1.9%-11.6%154-3.0K-70.00160.252020
2017-11-14$25.15$23.0017.0%4.9%2.7%0.0%0.0%15.1%7.6%102-3.4K-50.00135.542020
2017-11-15$25.21$23.0018.5%5.3%2.8%0.0%42.2%-20.5%-7.5%105-3.4K-50.00158.962020
2017-11-16$25.15$23.0031.4%9.0%2.8%0.0%48.5%2.0%-12.5%153-3.0K-70.00162.212020
2017-11-17$25.19$23.0013.4%3.8%2.6%0.0%0.0%-5.6%-11.9%134-3.4K-50.00161.372020
2017-11-20$25.17$23.0020.3%5.8%2.6%0.0%48.3%-20.3%-8.3%88-3.5K-50.00159.672020
2017-11-21$25.17$23.0019.4%5.6%2.5%0.0%33.1%2.3%-11.0%167-3.0K-70.00158.192020
2017-11-22$25.23$23.0019.2%5.5%2.6%0.0%52.4%2.2%-9.8%168-3.0K-70.00159.302020
2017-11-24$25.19$23.0020.1%5.8%2.6%0.0%55.3%2.2%-15.6%132-3.3K-70.00143.342020
2017-11-27$25.22$23.0021.7%6.2%2.5%0.0%59.4%2.3%-13.4%131-3.2K-70.00160.112020
2017-11-28$25.21$23.0021.7%6.2%2.4%0.0%61.2%2.3%-13.8%132-3.2K-60.00161.022020
2017-11-29$25.16$23.0022.5%6.5%2.5%0.0%64.1%2.4%-15.1%133-3.2K-60.00160.812020
2017-11-30$25.10$23.0040.7%11.7%2.6%0.0%64.5%2.7%-16.2%131-3.1K-70.00162.192020