GOVT Options History — June 2024

In June 2024, GOVT traded between $22.41 and $22.74. ATM implied volatility averaged 11.9%, placing in the 29.7% IV rank vs the trailing year. The 30-day expected move averaged 3.0%. IV traded above realized volatility by 6.6% (HV 20d: 5.3%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.02.

Notable Days

2024-06-21: Highest Volume — 94 contracts
2024-06-28: Largest IV spike — 299.4% change
2024-06-28: Highest IV Rank — 100.0%
2024-06-28: Largest Expected Move — 9.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$22.62	$22.41	$22.74	$22.45	$22.59
Max Pain	$22.00	$22.00	$22.00	$22.00	$22.00
ATM IV	11.9%	5.1%	32.9%	15.3%	32.9%
Expected Move	3.0%	1.5%	9.4%	4.4%	9.4%
HV 20d	5.3%	4.3%	5.7%	4.3%	5.4%
HV 60d	5.3%	5.0%	5.5%	5.0%	5.2%
IV Rank	29.7%	4.7%	100.0%	42.6%	100.0%
IV Percentile	56.5%	3.2%	100.0%	96.0%	100.0%
Term Structure	-0.6%	-16.4%	4.1%	-16.4%	-0.7%
VWIV	9.3%	6.5%	23.5%	23.5%	8.4%
Skew 25d	3.6%	-0.6%	11.8%	1.8%	11.8%
Skew 10d	0.9%	-1.0%	3.6%	1.4%	3.5%
Call IV 25d	6.8%	3.6%	9.9%	5.6%	8.2%
Put IV 25d	10.3%	7.4%	20.0%	7.4%	20.0%
Bid-Ask Spread %	143.08	120.60	161.81	120.65	156.53
Gamma HHI	0.50	0.40	0.64	0.40	0.45
Net GEX	32.7K	12.9K	58.6K	20.9K	13.0K
Net DEX	-220.0K	-351.5K	-66.0K	-203.6K	-66.0K
Net VEX	-1.6K	-1.8K	-1.3K	-1.8K	-1.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.02	0.00	0.17	0.00	0.00
Total Volume	13.053	0	94	12	8
Total OI	1,031.316	667	1,165	1,130	699

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-06-03	$22.45	$22.00	15.3%	4.4%	4.3%	42.6%	23.5%	1.8%	-16.4%	20.9K	-203.6K	-1.8K	0.00	120.65	12	0	423	707
2024-06-04	$22.55	$22.00	14.5%	4.1%	4.5%	39.4%	0.0%	2.0%	0.7%	32.8K	-248.3K	-1.7K	0.00	120.60	2	0	431	704
2024-06-05	$22.61	$22.00	19.1%	5.5%	4.6%	56.4%	0.0%	3.3%	1.1%	28.8K	-267.7K	-1.8K	0.00	121.79	28	0	432	704
2024-06-06	$22.63	$22.00	14.2%	1.6%	4.5%	38.6%	6.5%	0.8%	0.2%	42.7K	-305.2K	-1.8K	0.00	147.59	2	0	459	704
2024-06-07	$22.45	$22.00	16.0%	2.1%	5.4%	44.9%	0.0%	6.2%	-1.0%	29.9K	-208.5K	-1.8K	0.00	148.89	0	0	461	704
2024-06-10	$22.41	$22.00	12.3%	2.4%	5.4%	31.6%	0.0%	1.7%	-1.6%	26.1K	-177.6K	-1.8K	0.00	149.30	1	0	461	704
2024-06-11	$22.49	$22.00	18.7%	2.5%	5.5%	55.2%	0.0%	8.3%	-1.8%	31.1K	-221.0K	-1.8K	0.00	151.84	0	0	461	704
2024-06-12	$22.59	$22.00	5.3%	1.5%	5.7%	5.6%	0.0%	0.9%	-0.7%	41.7K	-284.8K	-1.6K	0.00	148.58	5	0	461	704
2024-06-13	$22.70	$22.00	7.1%	2.0%	5.6%	12.0%	7.2%	0.2%	-1.2%	58.6K	-351.5K	-1.5K	0.00	142.43	31	0	461	704
2024-06-14	$22.74	$22.00	5.2%	1.5%	5.6%	5.0%	0.0%	0.5%	-0.0%	53.7K	-308.1K	-1.5K	0.00	140.74	12	0	441	704
2024-06-17	$22.66	$22.00	8.4%	2.4%	5.6%	17.1%	8.5%	0.1%	-2.1%	41.1K	-248.8K	-1.3K	0.00	142.37	2	0	443	704
2024-06-18	$22.73	$22.00	6.2%	1.8%	5.7%	8.8%	7.5%	-0.6%	-1.2%	56.0K	-315.8K	-1.4K	0.00	142.77	2	0	445	704
2024-06-20	$22.70	$22.00	6.9%	2.0%	5.7%	11.2%	7.1%	2.0%	-0.1%	52.4K	-289.0K	-1.4K	0.17	147.03	6	1	447	704
2024-06-21	$22.70	$22.00	6.6%	1.9%	5.7%	10.2%	7.3%	2.1%	-0.2%	12.9K	-252.0K	-1.3K	0.00	142.64	94	0	460	705
2024-06-24	$22.71	$22.00	5.9%	1.7%	5.6%	7.6%	7.4%	4.8%	2.6%	17.5K	-97.3K	-1.3K	0.04	147.90	25	1	192	475
2024-06-25	$22.73	$22.00	5.1%	1.5%	5.6%	4.7%	0.0%	5.1%	4.1%	23.1K	-127.0K	-1.4K	0.00	147.35	6	0	214	476
2024-06-26	$22.63	$22.00	19.1%	5.5%	5.6%	56.5%	0.0%	9.5%	3.1%	18.0K	-96.4K	-1.5K	0.00	137.75	3	0	219	476
2024-06-27	$22.66	$22.00	8.2%	2.4%	5.3%	16.3%	0.0%	7.4%	3.6%	20.9K	-111.0K	-1.5K	0.17	161.81	6	1	222	476
2024-06-28	$22.59	$22.00	32.9%	9.4%	5.4%	100.0%	8.4%	11.8%	-0.7%	13.0K	-66.0K	-1.4K	0.00	156.53	8	0	224	475