GOVT Options History — June 2018

In June 2018, GOVT traded between $24.41 and $24.65. ATM implied volatility averaged 99.7%, placing in the 57.4% IV rank vs the trailing year. The 30-day expected move averaged 23.5%. IV traded above realized volatility by 95.0% (HV 20d: 4.7%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 1 of 21 days.

Notable Days

  • 2018-06-01: Highest Volume — 5 contracts
  • 2018-06-12: Largest IV spike — 97.1% change
  • 2018-06-07: Highest IV Rank — 100.0%
  • 2018-06-01: Largest Expected Move — 37.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.52$24.41$24.65$24.53$24.63
ATM IV99.7%41.1%176.1%130.4%106.3%
Expected Move23.5%11.1%37.4%37.4%30.5%
HV 20d4.7%3.1%5.2%4.7%3.1%
HV 60d3.7%3.6%3.8%3.6%3.6%
IV Rank57.4%21.9%100.0%82.2%59.6%
IV Percentile84.7%56.8%100.0%98.2%90.7%
Term Structure-27.9%-63.7%41.0%-63.7%-38.2%
Skew 25d20.7%2.0%80.9%2.0%24.3%
Skew 10d20.8%2.0%84.4%2.0%24.3%
Call IV 25d96.1%12.6%155.0%155.0%118.2%
Put IV 25d116.8%93.4%157.0%157.0%142.5%
Bid-Ask Spread %189.38174.83196.93193.06191.44
Gamma HHI1.001.001.001.001.00
Net GEX-214-640-159-272-640
Net DEX4.9K3.7K5.5K4.9K3.9K
Net VEX-24-26-21-26-21
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume55555
Total OI55555

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-06-01$24.53$0.00130.4%37.4%4.7%82.2%0.0%2.0%-63.7%-2724.9K-260.00193.060505
2018-06-04$24.46$0.00150.4%21.1%4.9%95.2%0.0%14.6%-24.8%-1765.0K-260.00187.860505
2018-06-05$24.51$0.0081.9%11.1%4.9%50.8%0.0%80.9%41.0%-1835.0K-260.00177.810505
2018-06-06$24.41$0.00136.0%11.2%5.1%85.9%0.0%14.2%-30.9%-2803.7K-230.00191.870505
2018-06-07$24.50$0.00176.1%11.2%5.2%100.0%0.0%15.6%-23.0%-1915.5K-250.00190.860505
2018-06-08$24.48$0.0093.4%22.1%5.1%52.1%0.0%15.5%-27.1%-1915.0K-260.00190.720505
2018-06-11$24.46$0.0041.1%11.8%5.2%21.9%0.0%15.7%-28.3%-1785.0K-250.00191.420505
2018-06-12$24.46$0.0081.0%23.2%5.1%45.0%0.0%15.9%-26.9%-1855.4K-250.00193.440505
2018-06-13$24.43$0.0082.1%23.5%4.9%45.6%0.0%15.7%-31.0%-1845.0K-250.00189.430505
2018-06-14$24.49$0.0083.1%23.8%5.0%46.2%0.0%16.8%-31.6%-1805.0K-250.00187.860505
2018-06-15$24.51$0.0082.5%23.7%4.9%45.9%0.0%17.3%-35.1%-1865.0K-250.00190.220505
2018-06-18$24.50$0.0088.1%25.3%4.9%49.1%0.0%17.8%-22.7%-1755.0K-240.00189.810505
2018-06-19$24.55$0.0087.6%25.1%4.9%48.8%0.0%19.0%-25.3%-1895.0K-240.00192.760505
2018-06-20$24.51$0.0089.1%25.6%5.0%49.7%0.0%18.5%-26.4%-1865.0K-240.00182.780505
2018-06-21$24.55$0.0090.6%26.0%4.9%50.5%0.0%19.5%-27.3%-1835.0K-240.00194.590505
2018-06-22$24.54$0.0092.2%26.4%4.9%51.5%0.0%19.7%-28.4%-1865.0K-240.00187.600505
2018-06-25$24.56$0.0097.5%28.0%4.8%54.5%0.0%21.1%-32.0%-1905.0K-230.00189.870505
2018-06-26$24.58$0.0099.5%28.5%3.7%55.7%0.0%21.9%-33.4%-1905.0K-230.00174.830505
2018-06-27$24.65$0.00101.5%29.1%3.7%56.9%0.0%23.7%-34.7%-1934.9K-230.00196.930505
2018-06-28$24.64$0.00103.8%29.8%3.6%58.2%0.0%23.9%-36.4%-1594.9K-230.00191.930505
2018-06-29$24.63$0.00106.3%30.5%3.1%59.6%0.0%24.3%-38.2%-6403.9K-210.00191.440505