GOVT Options History — April 2019

In April 2019, GOVT traded between $24.95 and $25.11. ATM implied volatility averaged 108.1%, placing in the 54.7% IV rank vs the trailing year. The 30-day expected move averaged 25.3%. IV traded above realized volatility by 104.4% (HV 20d: 3.7%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-04-15: Highest Volume — 1 contracts
  • 2019-04-10: Largest IV drop — 50.7% change
  • 2019-04-09: Highest IV Rank — 84.0%
  • 2019-04-30: Largest Expected Move — 33.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.03$24.95$25.11$25.06$25.11
ATM IV108.1%79.4%161.1%117.2%117.1%
Expected Move25.3%20.4%33.6%20.4%33.6%
HV 20d3.7%2.9%4.0%3.8%2.9%
HV 60d3.3%3.2%3.5%3.5%3.2%
IV Rank54.7%38.9%84.0%59.8%59.7%
IV Percentile60.1%19.4%97.6%75.0%73.4%
Term Structure-75.3%-114.8%-18.8%-45.8%-114.8%
Skew 25d10.5%8.5%14.5%13.5%14.5%
Skew 10d10.5%8.5%14.5%13.5%14.5%
Call IV 25d105.5%83.0%137.3%133.6%132.9%
Put IV 25d116.1%91.6%151.8%147.0%147.4%
Bid-Ask Spread %199.93198.52200.00200.00200.00
Gamma HHI0.480.381.000.410.38
Net GEX6161463.7K168148
Net DEX-6.8K-10.1K-5.3K-6.7K-5.4K
Net VEX-21-27-12-27-17
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.4290100
Total OI5.7145665

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$25.06$0.00117.2%20.4%3.8%59.8%0.0%13.5%-45.8%168-6.7K-270.00200.000051
2019-04-02$25.09$0.00120.8%20.7%3.8%61.7%0.0%14.5%-48.4%167-6.8K-270.00200.000051
2019-04-03$25.03$0.00124.9%20.9%3.9%64.0%0.0%8.6%-51.5%173-6.7K-260.00200.000051
2019-04-04$25.05$0.00129.2%21.2%3.8%66.4%0.0%8.9%-52.2%175-6.7K-260.00200.000051
2019-04-05$25.05$0.00134.1%21.4%3.8%69.1%0.0%9.0%-52.9%175-6.7K-260.00200.000051
2019-04-08$25.03$0.00152.9%22.2%3.8%79.5%0.0%9.0%-55.3%174-6.7K-260.00200.000051
2019-04-09$25.05$0.00161.1%22.5%3.7%84.0%0.0%9.3%-56.1%174-6.7K-250.00200.000051
2019-04-10$25.10$0.0079.4%22.8%3.8%38.9%0.0%10.2%-56.8%175-6.8K-250.00200.000051
2019-04-11$25.05$0.0080.6%23.1%3.8%39.6%0.0%9.6%-18.8%157-6.7K-250.00200.000051
2019-04-12$24.97$0.0081.9%23.5%4.0%40.3%0.0%8.5%-80.0%3.7K-10.1K-120.00200.000051
2019-04-15$24.99$0.0085.6%24.5%4.0%42.3%0.0%9.1%-84.2%193-6.7K-240.00198.521051
2019-04-16$24.95$0.0087.1%25.0%4.0%43.1%0.0%8.6%-84.9%3.1K-9.5K-120.00200.001051
2019-04-17$24.95$0.0088.5%25.4%3.8%43.9%0.0%8.7%-86.3%3.1K-9.5K-120.00200.001051
2019-04-18$25.01$0.0089.9%25.8%3.9%44.7%0.0%9.8%-88.5%196-6.7K-240.00200.001051
2019-04-22$24.96$0.0096.9%27.8%3.4%48.6%0.0%9.6%-94.8%193-6.6K-230.00200.001051
2019-04-23$24.99$0.0098.9%28.3%3.3%49.6%0.0%10.3%-96.7%146-5.3K-190.00200.001041
2019-04-24$25.06$0.00100.8%28.9%3.5%50.7%0.0%11.8%-98.5%148-5.4K-180.00200.001041
2019-04-25$25.05$0.00103.1%29.6%3.4%52.0%0.0%11.8%-100.8%147-5.3K-180.00200.001041
2019-04-26$25.10$0.00105.4%30.2%3.5%53.2%0.0%13.0%-103.2%148-5.4K-180.00200.001041
2019-04-29$25.05$0.00114.0%32.7%3.5%58.0%0.0%12.9%-111.5%147-5.3K-180.00200.000041
2019-04-30$25.11$0.00117.1%33.6%2.9%59.7%0.0%14.5%-114.8%148-5.4K-170.00200.000041