IWM Options History — June 2015

In June 2015, IWM traded between $124.13 and $129.04. ATM implied volatility averaged 14.9%, placing in the 18.3% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 3.8% (HV 20d: 11.1%). Max pain ranged from $124.00 to $127.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 2.22.

Notable Days

  • 2015-06-29: Highest Volume — 1,078,648 contracts
  • 2015-06-29: Largest IV spike — 28.4% change
  • 2015-06-29: Highest IV Rank — 47.8%
  • 2015-06-29: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$126.18$124.13$129.04$124.13$124.95
Max Pain$125.23$124.00$127.00$124.00$127.00
ATM IV14.9%12.3%18.5%15.5%17.7%
Expected Move4.3%3.6%5.7%4.5%5.4%
HV 20d11.1%9.3%14.2%10.6%14.2%
HV 60d12.5%11.4%13.2%13.2%12.6%
IV Rank18.3%0.0%47.8%22.6%42.1%
IV Percentile23.1%0.0%73.8%30.6%70.2%
Term Structure0.0%-0.6%0.5%0.5%-0.1%
VWIV17.0%14.0%21.2%17.1%20.5%
Skew 25d5.2%4.7%6.1%5.0%6.1%
Skew 10d9.8%8.6%12.1%9.0%12.1%
Call IV 25d12.8%10.6%16.1%12.8%15.4%
Put IV 25d18.0%15.3%22.3%17.9%21.4%
Bid-Ask Spread %1.971.692.512.021.80
Gamma HHI0.060.050.180.050.09
Net GEX-532.2M-1.58B678.0M-818.2M-1.58B
Net DEX1.84B-3.73B11.16B4.08B9.30B
Net VEX-60.4M-68.5M-53.5M-58.0M-68.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.221.345.113.001.95
Total Volume581,011.955418,8261,078,648453,685629,933
Total OI5,645,762.2734,903,9996,522,9154,903,9996,055,034

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-06-01$124.13$124.0015.5%4.5%10.6%22.6%17.1%5.0%0.5%-818.2M4.08B-58.0M3.002.02113,459340,2261,241,7793,662,220
2015-06-02$124.51$124.0015.5%4.4%10.6%22.3%17.6%4.8%-0.4%-737.9M3.53B-57.9M5.112.5189,041454,9981,261,7563,730,025
2015-06-03$125.76$124.0014.8%4.2%9.3%17.4%15.7%4.8%-0.4%-505.7M1.04B-58.1M1.562.08204,947319,5051,292,8583,923,414
2015-06-04$124.37$124.0016.2%4.6%10.4%27.8%18.4%5.0%-0.6%-931.8M4.83B-61.9M2.641.76164,952434,8261,358,3584,029,638
2015-06-05$125.38$124.0015.1%4.4%10.6%19.4%17.6%4.8%-0.5%-566.0M2.07B-60.9M1.491.81302,196448,8221,411,4354,165,536
2015-06-08$124.82$124.0015.9%4.6%10.6%25.5%17.5%5.1%0.1%-878.4M3.87B-62.5M3.081.78118,781365,6451,402,2784,099,616
2015-06-09$124.29$124.0015.8%4.7%10.8%25.1%18.2%5.1%0.4%-1.05B5.45B-64.4M1.991.73179,010355,9271,456,0704,245,160
2015-06-10$126.07$124.0014.4%4.2%11.8%14.0%14.3%4.8%0.1%-386.2M599.1M-61.4M1.551.97245,164380,6841,514,8934,363,127
2015-06-11$126.15$125.0014.0%4.1%11.7%10.9%18.1%4.8%0.2%-331.5M307.3M-61.9M2.951.82128,812380,1011,596,1414,417,806
2015-06-12$125.98$125.0014.3%4.1%11.3%13.0%17.1%5.1%0.3%-511.7M931.7M-61.3M2.171.87155,012337,0341,580,6704,393,013
2015-06-15$125.59$125.0015.4%4.4%11.4%21.7%17.4%5.9%0.3%-734.5M2.79B-61.4M1.551.77185,144287,8311,505,3554,403,338
2015-06-16$126.36$125.0015.5%4.5%10.8%22.8%16.9%6.0%-0.4%-432.9M435.6M-59.0M1.861.86146,689272,1371,543,6864,384,224
2015-06-17$126.36$125.0015.2%4.3%10.8%19.8%16.9%5.5%-0.4%-339.2M149.8M-58.3M1.782.04184,797329,0721,591,6564,465,120
2015-06-18$127.84$125.0013.6%3.9%11.5%7.4%16.3%5.4%-0.0%256.8M-3.73B-56.1M1.551.69310,077480,9081,675,8114,590,957
2015-06-19$128.04$126.0013.8%4.0%11.5%8.9%16.8%5.7%0.0%678.0M-3.68B-58.6M1.821.92179,879328,2111,764,2864,758,629
2015-06-22$128.75$126.0012.8%3.7%11.4%0.6%14.0%5.0%0.3%-10.2M-2.51B-54.8M1.342.03191,992256,6201,340,0133,594,587
2015-06-23$129.04$126.0012.3%3.6%10.5%0.0%14.4%4.7%0.4%51.4M-3.18B-53.5M2.022.19200,111404,9291,381,8803,676,629
2015-06-24$127.93$127.0013.5%3.9%10.5%8.7%15.4%5.0%0.2%-298.0M-84.4M-58.6M3.432.11126,945435,7761,468,0123,846,939
2015-06-25$127.79$127.0013.5%3.9%10.4%9.1%16.2%4.9%0.3%-511.8M948.3M-60.8M2.442.02163,786400,2161,487,7924,020,141
2015-06-26$127.52$127.0014.4%4.2%10.3%16.0%16.8%5.1%0.1%-588.4M2.13B-63.5M2.242.40206,887462,5331,544,4434,193,538
2015-06-29$124.30$127.0018.5%5.7%14.1%47.8%21.2%6.1%-0.2%-1.48B11.16B-66.9M1.342.11461,030617,6181,515,3714,253,536
2015-06-30$124.95$127.0017.7%5.4%14.2%42.1%20.5%6.1%-0.1%-1.58B9.30B-68.5M1.951.80213,785416,1481,610,5014,444,533