IWM Options History — October 2014

In October 2014, IWM traded between $104.19 and $116.58. ATM implied volatility averaged 20.7%, placing in the 64.3% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 0.8% (HV 20d: 19.9%). Max pain ranged from $111.00 to $112.00. Net GEX was positive for 1 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 1.63.

Notable Days

  • 2014-10-15: Highest Volume — 1,846,671 contracts
  • 2014-10-09: Largest IV spike — 15.5% change
  • 2014-10-13: Highest IV Rank — 100.0%
  • 2014-10-13: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$109.43$104.19$116.58$107.80$116.58
Max Pain$111.09$111.00$112.00$112.00$111.00
ATM IV20.7%17.1%25.2%20.7%17.1%
Expected Move5.9%5.3%6.5%6.0%5.3%
HV 20d19.9%14.0%23.4%14.0%22.9%
HV 60d15.3%13.0%17.0%13.0%17.0%
IV Rank64.3%29.9%100.0%70.8%29.9%
IV Percentile87.1%53.2%100.0%95.6%53.2%
Term Structure-0.2%-1.3%0.7%-0.1%0.5%
VWIV22.4%20.0%25.6%23.3%21.6%
Skew 25d5.8%4.2%7.6%6.0%4.2%
Skew 10d10.7%7.9%14.8%10.3%8.1%
Call IV 25d18.0%15.2%21.8%17.9%15.3%
Put IV 25d23.8%19.5%28.8%23.8%19.5%
Bid-Ask Spread %5.963.8210.358.975.48
Gamma HHI0.060.040.080.070.04
Net GEX-822.0M-1.56B53.0M-1.56B53.0M
Net DEX9.79B-9.44B24.88B19.00B-9.44B
Net VEX-63.0M-67.5M-58.9M-60.4M-60.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.631.082.661.971.92
Total Volume1,025,226.043439,8041,846,6711,433,2021,028,047
Total OI6,612,1875,610,0557,731,3075,859,2336,996,693

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-10-01$107.80$112.0020.7%6.0%14.0%70.8%23.3%6.0%-0.1%-1.56B19.00B-60.4M1.978.97481,902951,3001,798,0404,061,193
2014-10-02$108.84$112.0020.2%5.9%14.8%65.5%23.2%5.7%-0.2%-1.55B16.69B-64.0M1.714.90546,502934,9891,979,4994,245,100
2014-10-03$109.56$111.0019.1%5.7%15.1%54.4%20.4%5.1%0.0%-1.16B13.56B-64.6M1.635.67328,086534,2592,179,4704,288,680
2014-10-06$109.22$111.0019.6%5.7%15.0%59.2%20.0%4.7%-0.1%-1.54B15.16B-59.9M1.084.34334,776362,2222,051,3194,154,976
2014-10-07$106.94$111.0021.5%6.0%16.0%78.8%21.7%5.5%-0.2%-1.44B19.56B-60.3M1.358.77401,627542,3352,165,9294,240,496
2014-10-08$108.92$111.0019.8%5.7%17.5%61.6%22.2%5.2%-0.1%-1.23B14.23B-63.8M1.203.82659,015787,8632,349,2884,362,638
2014-10-09$106.14$111.0022.9%6.2%18.9%92.2%22.1%6.1%-0.3%-1.45B21.21B-61.6M1.8710.35460,424860,9122,457,0484,462,891
2014-10-10$105.89$111.0022.7%6.2%18.8%90.2%21.5%6.0%-0.4%-1.51B21.98B-62.2M1.434.27469,661673,9062,579,5584,591,828
2014-10-13$104.19$111.0025.2%6.5%19.0%100.0%23.8%6.8%-0.7%-1.31B24.88B-58.9M2.115.76387,268818,2802,497,4444,596,363
2014-10-14$106.54$111.0023.0%6.2%21.1%81.4%23.0%6.4%-1.0%-1.17B18.47B-61.9M1.604.09209,705335,5632,626,0114,501,421
2014-10-15$106.67$111.0024.1%6.3%21.0%90.6%23.4%7.6%-1.3%-1.08B17.99B-63.6M1.307.25804,3771,042,2942,754,5474,553,650
2014-10-16$107.84$111.0024.4%6.4%21.5%93.4%23.5%7.4%-1.2%-762.5M12.63B-67.5M1.497.57545,969815,2112,962,0604,585,543
2014-10-17$107.60$111.0023.4%6.3%21.2%84.9%25.6%7.4%-1.2%-441.1M14.25B-65.6M1.506.65431,703645,6733,048,3744,682,933
2014-10-20$108.74$111.0021.4%6.0%21.1%67.3%20.6%6.9%-0.3%-411.6M6.02B-63.2M1.105.43281,297308,4882,040,4933,569,562
2014-10-21$110.41$111.0019.0%5.8%21.7%46.8%21.5%5.7%-0.3%-204.4M2.39B-63.6M1.444.88329,164475,1892,151,6523,679,168
2014-10-22$108.90$111.0021.3%6.1%22.0%66.6%22.7%6.4%-0.5%-460.4M6.04B-66.0M2.663.93292,536777,3452,197,9043,832,226
2014-10-23$110.66$111.0019.6%5.8%22.2%51.8%21.4%5.4%-0.3%-333.6M2.24B-66.1M1.455.19389,074563,1342,236,5674,038,391
2014-10-24$111.15$111.0019.1%5.9%22.1%47.3%22.6%5.3%-0.2%-405.8M1.08B-66.1M1.894.50222,806421,9502,287,7434,239,050
2014-10-27$111.20$111.0018.9%5.8%22.1%46.1%24.6%5.1%0.4%-411.9M2.06B-64.1M1.655.77165,766274,0382,159,2064,055,972
2014-10-28$114.17$111.0017.5%5.6%23.4%33.8%21.0%4.9%0.7%-60.9M-5.19B-60.7M1.699.11424,081717,6312,179,5164,134,535
2014-10-29$113.94$111.0017.4%5.6%22.6%32.9%23.2%4.8%0.7%-224.6M-3.87B-62.7M2.155.20304,088653,8332,243,5814,412,343
2014-10-30$114.88$111.0017.3%5.5%22.5%32.0%22.8%4.7%0.6%-239.2M-5.80B-61.7M1.405.27243,757342,1532,282,1074,567,293
2014-10-31$116.58$111.0017.1%5.3%22.9%29.9%21.6%4.2%0.5%53.0M-9.44B-60.6M1.925.48351,973676,0742,337,6164,659,077