IBIT Options History — November 2024

In November 2024, IBIT traded between $52.03 and $56.39. ATM implied volatility averaged 62.1%. The 30-day expected move averaged 17.9%. Max pain ranged from $53.00 to $53.00. Net GEX was positive for 6 of 6 trading days. Term structure was in contango for 4 of 6 days. Put/call ratio averaged 0.38.

Notable Days

  • 2024-11-27: Highest Volume — 443,428 contracts
  • 2024-11-29: Largest IV drop — 5.7% change
  • 2024-11-21: Largest Expected Move — 18.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.79$52.03$56.39$55.86$55.45
Max Pain$53.00$53.00$53.00$53.00$53.00
ATM IV62.1%57.3%65.3%65.3%57.3%
Expected Move17.9%16.5%18.7%18.7%16.5%
Term Structure0.2%-0.8%0.7%0.6%0.7%
VWIV63.7%58.7%66.7%66.7%58.7%
Skew 25d-4.1%-5.0%-2.0%-4.2%-4.6%
Skew 10d-7.5%-11.5%-3.4%-9.8%-6.3%
Call IV 25d65.7%61.1%68.5%68.5%61.1%
Put IV 25d61.5%56.5%64.3%64.3%56.5%
Bid-Ask Spread %7.196.139.299.296.98
Gamma HHI0.080.060.130.130.07
Net GEX30.5M19.2M48.9M19.2M48.9M
Net DEX-1.18B-1.68B-834.1M-898.9M-1.68B
Net VEX-6.3M-8.7M-4.1M-4.1M-8.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.280.480.280.30
Total Volume310,133.167163,053443,428311,527163,053
Total OI845,866.167481,1151,240,300481,1151,240,300

Daily Data (6 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-11-21$55.86$53.0065.3%18.7%0.0%0.0%66.7%-4.2%0.6%19.2M-898.9M-4.1M0.289.29243,38068,147368,246112,869
2024-11-22$56.39$53.0062.8%18.0%0.0%0.0%64.8%-5.0%-0.8%27.5M-1.21B-5.4M0.327.88177,97556,606495,796156,160
2024-11-25$53.92$53.0063.9%18.6%0.0%0.0%66.4%-4.5%0.5%25.3M-996.4M-5.6M0.456.15215,05296,214558,217189,847
2024-11-26$52.03$53.0062.9%18.1%0.0%0.0%64.0%-2.0%0.1%21.8M-834.1M-6.2M0.446.70275,836121,108646,565237,842
2024-11-27$55.08$53.0060.7%17.4%0.0%0.0%61.9%-4.5%-0.1%40.5M-1.49B-7.6M0.486.13298,905144,523750,515318,840
2024-11-29$55.45$53.0057.3%16.5%0.0%0.0%58.7%-4.6%0.7%48.9M-1.68B-8.7M0.306.98125,44837,605856,736383,564