GOVT Options History — October 2018

In October 2018, GOVT traded between $24.09 and $24.31. ATM implied volatility averaged 102.6%, placing in the 54.6% IV rank vs the trailing year. The 30-day expected move averaged 26.1%. IV traded above realized volatility by 99.6% (HV 20d: 3.0%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 0 of 23 days.

Notable Days

  • 2018-10-09: Highest Volume — 2 contracts
  • 2018-10-03: Largest IV spike — 104.5% change
  • 2018-10-08: Highest IV Rank — 82.0%
  • 2018-10-03: Largest Expected Move — 36.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.19$24.09$24.31$24.27$24.20
ATM IV102.6%60.5%151.8%60.5%125.6%
Expected Move26.1%2.6%36.0%17.3%36.0%
HV 20d3.0%2.5%3.4%2.7%2.7%
HV 60d2.9%2.8%3.1%2.8%2.9%
IV Rank54.6%31.3%82.0%31.3%67.3%
IV Percentile76.9%52.0%97.6%52.0%90.5%
Term Structure-34.2%-54.3%-2.4%-43.2%-54.3%
Skew 25d16.7%-18.1%84.2%84.2%18.0%
Skew 10d13.9%-18.1%84.2%84.2%18.0%
Call IV 25d105.3%11.3%149.8%52.1%141.5%
Put IV 25d122.0%82.0%159.5%136.3%159.5%
Bid-Ask Spread %189.96165.97200.00181.31197.64
Gamma HHI1.001.001.001.001.00
Net GEX-83-35300-89
Net DEX1.5K02.1K02.1K
Net VEX-6-800-7
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1.5220202
Total OI1.4780202

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-10-01$24.27$0.0060.5%17.3%2.7%31.3%0.0%84.2%-43.2%0000.00181.310000
2018-10-02$24.31$0.0061.4%17.6%2.5%31.8%0.0%-2.9%-45.5%0000.00194.030000
2018-10-03$24.18$0.00125.6%36.0%3.0%67.4%0.0%-6.2%-49.1%0000.00193.850000
2018-10-04$24.15$0.00129.8%22.0%3.0%69.8%0.0%10.8%-19.6%0000.00196.130000
2018-10-05$24.09$0.00134.6%22.3%2.9%72.4%0.0%10.1%-20.3%0000.00172.030000
2018-10-08$24.09$0.00151.8%23.1%2.9%82.0%0.0%10.5%-22.0%0000.00196.490100
2018-10-09$24.12$0.0096.0%2.6%2.9%51.0%0.0%74.0%-2.4%-3532.0K-80.00165.970202
2018-10-10$24.12$0.0082.8%23.7%2.9%43.6%0.0%11.2%-23.3%-982.1K-80.00192.750202
2018-10-11$24.20$0.0083.7%24.0%3.2%44.2%0.0%12.5%-23.7%-812.1K-80.00200.000202
2018-10-12$24.19$0.0085.0%24.4%3.2%44.9%0.0%12.5%-24.5%-812.1K-80.00200.000202
2018-10-15$24.18$0.0088.8%25.5%3.2%47.0%0.0%-18.1%-50.7%-902.1K-80.00193.850202
2018-10-16$24.19$0.0090.3%25.9%3.0%47.8%0.0%13.2%-28.0%-962.1K-80.00196.280202
2018-10-17$24.15$0.0091.8%26.3%3.0%48.7%0.0%12.8%-29.1%-742.1K-80.00183.560202
2018-10-18$24.16$0.0093.4%26.8%3.0%49.5%0.0%13.1%-30.2%-2912.0K-80.00194.630202
2018-10-19$24.14$0.0095.1%27.3%3.0%50.5%0.0%12.9%-31.4%-862.1K-80.00172.070202
2018-10-22$24.14$0.00100.6%28.8%3.0%53.6%0.0%13.6%-35.3%-922.1K-80.00197.640202
2018-10-23$24.17$0.00102.6%29.4%3.1%54.7%0.0%14.4%-36.7%-742.1K-80.00196.770202
2018-10-24$24.24$0.00104.6%30.0%3.2%55.6%0.0%16.1%-37.9%-762.1K-80.00180.120202
2018-10-25$24.21$0.00107.0%30.7%3.2%57.0%0.0%15.8%-39.8%-752.1K-80.00193.860202
2018-10-26$24.29$0.00109.3%31.3%3.4%58.2%0.0%17.5%-41.3%-882.1K-70.00195.480202
2018-10-29$24.30$0.00118.1%33.8%3.2%63.1%0.0%19.3%-47.9%-882.1K-70.00194.590202
2018-10-30$24.25$0.00121.6%34.9%3.2%65.1%0.0%18.6%-51.0%-872.1K-70.00180.090202
2018-10-31$24.20$0.00125.6%36.0%2.7%67.3%0.0%18.0%-54.3%-892.1K-70.00197.640202