IWM Options History — June 2014

In June 2014, IWM traded between $111.83 and $118.84. ATM implied volatility averaged 16.0%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded below realized volatility by 0.4% (HV 20d: 16.4%). Max pain ranged from $110.00 to $112.00. Net GEX was positive for 3 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 2.30.

Notable Days

  • 2014-06-05: Highest Volume — 1,034,259 contracts
  • 2014-06-18: Largest IV drop — 9.6% change
  • 2014-06-04: Highest IV Rank — 47.7%
  • 2014-06-04: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$116.17$111.83$118.84$112.09$118.84
Max Pain$110.19$110.00$112.00$110.00$112.00
ATM IV16.0%14.1%18.4%17.8%14.2%
Expected Move5.3%5.1%5.5%5.5%5.1%
HV 20d16.4%12.9%20.7%19.2%12.9%
HV 60d17.8%17.1%18.5%17.5%17.1%
IV Rank23.5%5.2%47.7%41.9%5.9%
IV Percentile33.9%5.2%74.2%65.5%6.0%
Term Structure0.0%-0.6%1.0%-0.6%0.2%
VWIV20.3%17.2%23.7%19.6%18.1%
Skew 25d4.4%3.5%5.9%4.7%4.0%
Skew 10d8.4%7.1%9.8%8.5%9.3%
Call IV 25d14.2%12.3%16.6%16.1%12.9%
Put IV 25d18.6%16.5%21.3%20.8%16.9%
Bid-Ask Spread %6.223.9010.376.644.61
Gamma HHI0.060.050.140.050.06
Net GEX-377.4M-952.3M337.5M-552.9M-311.0M
Net DEX-1.01B-6.01B6.08B5.43B-2.24B
Net VEX-65.3M-70.7M-58.9M-65.7M-58.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.301.353.591.892.73
Total Volume643,109.667352,8511,034,259483,747449,554
Total OI6,431,639.4295,187,3747,394,2145,927,6135,450,301

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-06-02$112.09$110.0017.8%5.5%19.2%41.9%19.6%4.7%-0.6%-552.9M5.43B-65.7M1.896.64167,166316,5812,057,8223,869,791
2014-06-03$111.83$110.0018.4%5.5%19.2%47.3%20.0%4.8%-0.6%-643.2M6.08B-66.0M2.297.27166,656381,8702,109,2683,941,719
2014-06-04$112.42$110.0018.4%5.5%18.6%47.7%20.9%4.6%-0.6%-585.0M4.73B-66.9M2.735.43157,715431,1912,146,2064,073,075
2014-06-05$112.67$110.0016.8%5.5%18.6%31.4%21.3%5.9%0.1%-28.7M-1.94B-64.9M1.559.34405,260628,9992,191,3984,279,264
2014-06-06$116.12$110.0016.1%5.2%20.7%25.1%21.6%3.5%-0.5%337.5M-5.58B-62.6M1.359.71405,009547,6902,230,0054,467,627
2014-06-09$116.91$110.0016.6%5.2%20.7%30.1%20.5%4.1%-0.2%-52.3M-4.66B-62.7M1.966.56328,086644,4182,083,5624,287,287
2014-06-10$116.66$110.0016.5%5.2%19.4%29.2%19.5%4.0%-0.4%-197.6M-3.25B-66.3M1.886.75286,935539,2602,170,0484,557,629
2014-06-11$116.02$110.0016.8%5.3%19.0%31.4%20.7%4.3%-0.1%-341.9M-1.62B-69.6M2.915.94129,556376,6022,280,2294,698,860
2014-06-12$115.45$110.0016.7%5.4%18.2%30.9%19.8%4.3%0.3%-650.8M736.1M-70.6M2.2810.11240,402548,4332,323,4214,810,833
2014-06-13$115.69$110.0016.6%5.3%16.6%29.7%20.4%4.2%-0.6%-867.9M-107.6M-70.7M2.5310.37166,247419,8072,370,1274,927,566
2014-06-16$116.13$110.0016.7%5.4%16.0%30.4%22.0%4.7%0.3%-344.8M-846.2M-68.5M2.284.58107,617245,2342,294,6664,751,728
2014-06-17$116.88$110.0016.1%5.3%15.7%25.0%21.9%4.8%0.6%-198.9M-3.03B-66.5M2.064.87238,553491,5322,311,6084,823,617
2014-06-18$117.88$110.0014.6%5.2%13.9%9.8%20.0%4.2%0.7%-20.1M-5.86B-63.5M1.646.83268,579441,7512,339,1824,953,944
2014-06-19$117.64$110.0014.1%5.2%14.1%5.2%20.3%4.2%1.0%14.0M-5.35B-63.0M2.574.86205,829529,7112,334,3444,959,285
2014-06-20$118.25$110.0014.2%5.2%13.7%6.3%19.9%4.2%0.4%124.9M-6.01B-60.6M3.594.24148,703533,9192,307,8405,086,374
2014-06-23$117.89$110.0014.5%5.2%13.7%8.5%21.6%4.3%0.3%-532.4M-692.5M-62.6M1.964.35130,412256,0301,455,5673,731,807
2014-06-24$116.79$110.0015.3%5.3%13.5%17.3%23.7%4.4%0.2%-808.2M2.13B-66.3M2.565.49198,898509,4051,501,0503,837,551
2014-06-25$117.68$110.0015.2%5.2%13.5%15.4%17.2%4.4%0.2%-859.2M769.5M-66.0M3.433.90126,927435,9301,563,3064,022,618
2014-06-26$117.57$110.0015.0%5.2%13.5%14.3%17.7%4.1%0.2%-952.3M1.04B-65.7M2.433.99133,746325,4931,587,4584,104,835
2014-06-27$118.18$112.0014.6%5.2%13.3%10.1%20.4%4.0%-0.0%-454.7M-912.6M-63.9M1.604.87168,880270,7171,618,6114,152,999
2014-06-30$118.84$112.0014.2%5.1%12.9%5.9%18.1%4.0%0.2%-311.0M-2.24B-58.9M2.734.61120,445329,1091,518,4023,931,899