MUB Options History — May 2018

In May 2018, MUB traded between $107.78 and $109.29. ATM implied volatility averaged 3.6%, placing in the 37.2% IV rank vs the trailing year. The 30-day expected move averaged 1.1%. IV traded above realized volatility by 1.3% (HV 20d: 2.3%). Max pain ranged from $107.00 to $110.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 5.21.

Notable Days

  • 2018-05-18: Highest Volume — 672 contracts
  • 2018-05-14: Largest IV spike — 70.7% change
  • 2018-05-31: Highest IV Rank — 61.0%
  • 2018-05-31: Largest Expected Move — 1.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$108.42$107.78$109.29$107.78$109.13
Max Pain$107.77$107.00$110.00$110.00$108.00
ATM IV3.6%2.3%4.5%3.7%4.5%
Expected Move1.1%0.7%1.3%1.1%1.3%
HV 20d2.3%2.0%2.4%2.2%2.4%
HV 60d2.2%2.1%2.3%2.2%2.3%
IV Rank37.2%2.7%61.0%38.7%61.0%
IV Percentile53.4%0.4%91.7%56.3%91.7%
Term Structure0.2%-0.6%1.7%-0.2%-0.6%
VWIV4.9%3.6%6.7%3.8%6.7%
Skew 25d1.9%0.1%2.6%1.3%2.1%
Skew 10d1.5%-1.0%3.4%0.9%1.4%
Call IV 25d2.5%1.7%4.7%3.1%3.3%
Put IV 25d4.4%3.5%5.5%4.4%5.4%
Bid-Ask Spread %34.0914.8278.1323.6125.33
Gamma HHI0.510.410.840.410.48
Net GEX-2.7M-3.9M-1.5M-3.7M-1.6M
Net DEX7.3M4.4M10.2M10.2M4.8M
Net VEX-32.8K-35.0K-29.0K-34.8K-33.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.212.389.664.142.40
Total Volume500.455336672535367
Total OI2,217.3641,7432,4942,4191,848

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-05-01$107.78$110.003.7%1.1%2.2%38.7%3.8%1.3%-0.2%-3.7M10.2M-34.8K4.1423.611044313222,097
2018-05-02$107.93$110.003.6%1.0%2.2%36.3%3.6%1.8%-0.1%-3.5M9.1M-35.0K4.7453.39904273322,101
2018-05-03$108.19$107.003.5%1.1%2.4%33.2%3.9%2.0%0.0%-3.4M8.1M-35.0K5.3441.09804273332,099
2018-05-04$108.20$107.003.3%1.0%2.3%28.1%4.1%2.0%0.2%-3.3M7.9M-33.9K5.3816.44804303372,099
2018-05-07$108.29$107.003.6%1.0%2.3%37.9%4.0%2.2%0.2%-3.5M8.3M-32.7K5.3621.36814343372,102
2018-05-08$108.28$107.002.9%1.1%2.3%17.0%4.7%2.5%0.1%-3.0M8.3M-31.9K5.3017.27814293382,110
2018-05-09$108.29$107.003.7%1.1%2.3%39.0%4.4%2.3%0.1%-3.2M8.4M-32.6K5.0138.31854263382,114
2018-05-10$108.40$107.003.8%1.1%2.3%41.2%4.6%2.4%-0.1%-2.9M7.6M-31.3K5.0133.53854263482,114
2018-05-11$108.54$107.002.3%0.7%2.3%2.7%4.3%2.5%1.7%-2.7M6.3M-32.3K5.0656.22854303482,109
2018-05-14$108.47$107.004.0%1.1%2.3%46.2%5.5%2.6%-0.0%-2.7M7.4M-31.7K4.8354.46894303492,113
2018-05-15$108.19$107.004.0%1.1%2.4%46.3%5.7%2.4%0.1%-2.9M8.5M-32.0K5.0074.53894453532,113
2018-05-16$108.18$108.003.9%1.1%2.4%44.9%4.5%2.3%0.0%-3.3M7.8M-31.4K5.0019.78894453532,135
2018-05-17$108.12$108.003.9%1.1%2.3%44.3%4.5%2.1%-0.0%-3.9M7.9M-31.3K4.9043.77864213542,135
2018-05-18$108.27$108.003.9%1.1%2.4%43.1%5.2%2.3%0.1%-2.7M7.8M-29.0K7.4017.84805923552,139
2018-05-21$108.27$108.003.9%1.1%2.3%43.7%5.1%2.1%0.1%-1.9M7.6M-31.9K9.6614.82535122231,520
2018-05-22$108.31$108.003.9%1.1%2.3%44.8%5.5%2.5%-0.1%-1.9M7.4M-32.1K9.5730.90535072231,527
2018-05-23$108.54$108.002.8%0.8%2.0%15.9%5.0%1.4%0.2%-1.9M6.5M-33.1K7.6625.64594522231,537
2018-05-24$108.73$108.003.3%0.9%2.0%27.3%5.4%0.4%0.1%-1.8M5.9M-33.6K4.8121.25944522391,545
2018-05-25$108.90$108.003.1%0.9%2.0%22.3%4.4%1.2%0.6%-1.8M5.0M-33.9K3.2578.13792572791,545
2018-05-29$109.29$108.004.2%1.2%2.3%52.8%6.2%0.8%0.7%-1.5M4.4M-34.1K2.4227.391062573011,545
2018-05-30$109.01$108.004.2%1.2%2.4%51.2%6.1%0.1%0.0%-1.6M5.1M-34.2K2.3814.941082573051,545
2018-05-31$109.13$108.004.5%1.3%2.4%61.0%6.7%2.1%-0.6%-1.6M4.8M-33.7K2.4025.331082593061,542