GOVT Options History — June 2023

In June 2023, GOVT traded between $22.84 and $23.13. ATM implied volatility averaged 7.9%, placing in the 6.2% IV rank vs the trailing year. The 30-day expected move averaged 2.2%. IV traded above realized volatility by 2.5% (HV 20d: 5.4%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.57.

Notable Days

  • 2023-06-08: Highest Volume — 103 contracts
  • 2023-06-29: Largest IV spike — 23.3% change
  • 2023-06-12: Highest IV Rank — 18.1%
  • 2023-06-01: Largest Expected Move — 2.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.98$22.84$23.13$23.13$22.93
Max Pain$23.00$23.00$23.00$23.00$23.00
ATM IV7.9%6.4%10.3%9.6%7.3%
Expected Move2.2%1.8%2.7%2.7%2.1%
HV 20d5.4%5.0%6.1%5.2%6.1%
HV 60d7.2%6.4%8.5%8.5%6.6%
IV Rank6.2%0.0%18.1%14.2%4.2%
IV Percentile5.3%0.0%26.6%12.7%4.0%
Term Structure0.6%-0.5%1.4%-0.5%1.3%
VWIV7.9%6.9%9.6%9.6%7.3%
Skew 25d0.9%-0.9%1.5%0.7%-0.2%
Skew 10d1.4%-1.1%2.4%2.4%-0.4%
Call IV 25d7.1%6.1%9.9%9.6%7.6%
Put IV 25d8.0%6.9%10.4%10.4%7.4%
Bid-Ask Spread %14.339.4339.7618.0514.88
Gamma HHI0.660.520.930.800.64
Net GEX-3.7K-156.8K338.9K-156.8K36.6K
Net DEX698.9K-252.3K1.8M1.6M3.9K
Net VEX-4.2K-7.1K-2.6K-7.1K-2.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.002.251.000.33
Total Volume25.4760103424
Total OI1,715.0959882,4822,4541,071

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-06-01$23.13$23.009.6%2.7%5.2%14.2%9.6%0.7%-0.5%-156.8K1.6M-7.1K1.0018.05227221,732
2023-06-02$23.01$23.008.2%2.3%5.4%7.0%8.4%-0.9%0.9%-144.5K1.8M-6.7K0.0111.376817221,732
2023-06-05$23.02$23.009.2%2.4%5.2%12.5%8.5%1.3%0.5%-119.7K1.6M-6.2K0.0011.33407781,597
2023-06-06$23.02$23.009.0%2.5%5.0%11.3%0.0%1.3%0.3%-119.0K1.6M-6.2K0.0011.33007811,597
2023-06-07$22.89$23.007.0%2.4%5.3%1.2%8.5%0.3%0.5%-102.5K1.8M-5.8K0.339.52627811,597
2023-06-08$23.01$23.008.2%2.4%5.5%7.1%0.0%1.0%0.4%-114.2K1.6M-6.1K0.039.6810037771,597
2023-06-09$22.96$23.008.8%2.5%5.2%10.0%0.0%1.5%0.1%-93.8K1.6M-6.3K1.3313.53348771,596
2023-06-12$22.98$23.0010.3%2.4%5.1%18.1%0.0%1.4%0.9%-87.4K1.6M-6.1K0.4039.76528791,600
2023-06-13$22.88$23.008.6%2.4%5.2%9.1%8.3%0.7%0.5%-70.2K1.8M-5.7K2.089.4312258841,598
2023-06-14$22.91$23.008.0%2.3%5.2%6.3%8.0%0.8%0.3%77.7K26.0K-2.7K0.0012.611030892666
2023-06-15$23.02$23.007.2%2.1%5.6%2.1%7.9%1.4%0.7%231.6K-252.3K-3.0K1.6713.60610992666
2023-06-16$22.95$23.007.9%2.3%5.5%5.4%7.9%1.0%0.1%338.9K-6.7K-2.8K0.7510.2043993676
2023-06-20$23.02$23.007.4%2.1%5.5%3.1%7.4%1.3%0.9%20.2K-8.3K-2.7K0.0410.99673459529
2023-06-21$23.02$23.006.9%2.0%5.5%0.7%6.9%1.3%0.8%25.9K-23.7K-2.7K0.2715.75113470532
2023-06-22$22.93$23.006.7%1.9%5.7%0.0%0.0%0.7%0.9%33.0K37.8K-2.6K0.0012.0000479532
2023-06-23$23.01$23.006.8%1.9%5.8%0.7%7.2%0.4%1.4%31.9K-987-2.7K0.1222.66253479532
2023-06-26$23.02$23.007.6%2.2%5.5%4.9%0.0%1.5%0.8%29.8K-72.4K-2.7K0.0015.21110503535
2023-06-27$22.96$23.007.4%2.1%5.5%3.7%7.4%1.1%0.9%33.8K-33.7K-2.6K0.2911.8572514535
2023-06-28$23.03$23.006.4%1.8%5.3%0.0%0.0%1.2%1.4%37.4K-70.0K-2.6K0.0012.6710518539
2023-06-29$22.84$23.007.9%2.3%5.9%7.6%7.9%0.5%0.4%32.8K39.1K-2.6K2.2514.5549519539
2023-06-30$22.93$23.007.3%2.1%6.1%4.2%7.3%-0.2%1.3%36.6K3.9K-2.6K0.3314.88186523548