GOVT Options History — December 2017

In December 2017, GOVT traded between $24.98 and $25.21. ATM implied volatility averaged 41.9%. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 39.2% (HV 20d: 2.7%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2017-12-01: Highest Volume — 2 contracts
  • 2017-12-07: Largest IV spike — 1022.4% change
  • 2017-12-28: Largest Expected Move — 29.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.11$24.98$25.21$25.15$25.09
Max Pain$23.00$23.00$23.00$23.00$23.00
ATM IV41.9%5.0%103.6%42.7%34.9%
Expected Move9.2%1.3%29.7%12.2%10.0%
HV 20d2.7%2.4%3.0%2.7%2.8%
HV 60d2.6%2.5%2.7%2.6%2.6%
Term Structure-9.1%-34.7%-2.2%-17.5%-10.0%
VWIV68.8%68.8%68.8%68.8%68.8%
Skew 25d1.4%-18.1%10.2%3.5%2.9%
Skew 10d4.2%-4.2%11.2%11.2%5.8%
Call IV 25d41.0%4.4%118.4%56.5%47.7%
Put IV 25d42.4%6.1%128.5%60.0%50.6%
Bid-Ask Spread %179.7445.70195.71162.27188.53
Gamma HHI0.780.501.000.501.00
Net GEX1093415713595
Net DEX-2.2K-3.6K-952-3.1K-987
Net VEX-5-7-4-7-4
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.551221
Total OI1.551221

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-12-01$25.15$23.0042.7%12.2%2.7%0.0%68.8%3.5%-17.5%135-3.1K-70.00162.272020
2017-12-04$25.13$0.0025.8%7.4%2.7%0.0%0.0%1.3%-6.2%134-3.3K-60.00187.802020
2017-12-05$25.15$0.0049.8%7.4%2.7%0.0%0.0%1.0%-6.2%134-3.1K-60.00188.712020
2017-12-06$25.19$0.005.0%1.3%2.7%0.0%0.0%1.7%-2.2%139-3.4K-50.0045.702020
2017-12-07$25.15$0.0055.7%7.7%2.8%0.0%0.0%1.5%-7.2%157-3.0K-60.00188.042020
2017-12-08$25.14$0.0058.6%7.8%2.8%0.0%0.0%2.0%-6.3%135-3.1K-60.00187.992020
2017-12-11$25.13$0.0077.6%7.9%2.5%0.0%0.0%1.6%-7.6%136-3.1K-60.00187.202020
2017-12-12$25.11$0.0088.3%8.0%2.5%0.0%0.0%1.9%-6.7%136-3.1K-50.00186.562020
2017-12-13$25.19$0.0028.0%8.0%2.7%0.0%0.0%1.3%-7.9%136-3.2K-50.00188.592020
2017-12-14$25.19$0.0028.4%8.1%2.6%0.0%0.0%1.2%-8.2%132-3.0K-50.00188.592020
2017-12-15$25.21$0.0028.8%8.2%2.4%0.0%0.0%1.1%-8.6%73-3.6K-50.00187.912020
2017-12-18$25.15$0.0018.3%5.2%2.5%0.0%0.0%-18.1%-3.8%73-1.0K-50.00182.651010
2017-12-19$25.05$0.0030.2%8.7%2.9%0.0%0.0%2.2%-7.5%72-1.0K-50.00185.881010
2017-12-20$24.99$0.0030.7%8.8%3.0%0.0%0.0%2.2%-7.2%90-963-50.00189.531010
2017-12-21$24.98$0.0031.2%8.9%2.8%0.0%0.0%2.3%-7.5%90-959-50.00185.441010
2017-12-22$24.99$0.0031.3%9.0%2.8%0.0%0.0%2.3%-7.9%92-952-50.00189.911010
2017-12-26$25.01$0.0033.9%9.7%2.7%0.0%0.0%2.5%-9.5%92-965-50.00189.191010
2017-12-27$25.09$0.0034.8%10.0%3.0%0.0%0.0%2.6%-9.6%93-1.0K-40.00188.601010
2017-12-28$25.10$0.00103.6%29.7%3.0%0.0%0.0%10.2%-34.7%34-1.3K-50.00195.711010
2017-12-29$25.09$0.0034.9%10.0%2.8%0.0%0.0%2.9%-10.0%95-987-40.00188.531010