MUB Options History — July 2018

In July 2018, MUB traded between $108.73 and $109.37. ATM implied volatility averaged 3.5%, placing in the 33.1% IV rank vs the trailing year. The 30-day expected move averaged 1.0%. IV traded above realized volatility by 1.6% (HV 20d: 1.9%). Max pain ranged from $108.00 to $110.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 5.80.

Notable Days

  • 2018-07-19: Highest Volume — 710 contracts
  • 2018-07-31: Largest IV drop — 16.6% change
  • 2018-07-23: Highest IV Rank — 45.3%
  • 2018-07-23: Largest Expected Move — 1.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$109.06$108.73$109.37$108.73$109.00
Max Pain$109.81$108.00$110.00$108.00$110.00
ATM IV3.5%2.5%3.9%3.6%2.5%
Expected Move1.0%0.7%1.1%1.0%0.7%
HV 20d1.9%1.7%2.0%1.9%1.7%
HV 60d2.3%2.1%2.4%2.3%2.2%
IV Rank33.1%8.0%45.3%35.8%8.0%
IV Percentile39.5%2.4%74.6%39.7%2.4%
Term Structure0.1%-1.6%0.8%0.1%0.4%
VWIV3.8%3.1%4.1%3.6%3.7%
Skew 25d1.4%-0.1%2.3%0.9%0.9%
Skew 10d1.1%-1.2%2.2%2.2%0.2%
Call IV 25d2.9%2.1%4.0%3.1%2.9%
Put IV 25d4.3%3.6%4.9%4.1%3.8%
Bid-Ask Spread %47.4326.9174.2826.9164.29
Gamma HHI0.400.350.440.400.38
Net GEX-3.7M-4.9M-3.2M-3.3M-4.4M
Net DEX8.5M6.4M11.2M10.2M8.3M
Net VEX-34.3K-41.2K-26.7K-41.2K-34.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.804.817.214.914.81
Total Volume632.524482710579482
Total OI2,600.1432,4602,6952,4602,693

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-07-02$108.73$108.003.6%1.0%1.9%35.8%3.6%0.9%0.1%-3.3M10.2M-41.2K4.9126.91984812192,241
2018-07-03$109.00$108.003.1%0.9%2.0%23.6%3.1%1.5%0.6%-3.2M9.2M-41.2K4.9174.28984812322,241
2018-07-05$108.93$110.003.3%1.1%1.9%28.4%4.1%1.8%0.5%-3.2M9.5M-40.5K5.0155.21984912322,241
2018-07-06$108.98$110.003.1%1.1%1.9%24.4%3.9%2.1%0.3%-3.2M9.3M-40.6K5.0568.96984952322,251
2018-07-09$108.92$110.003.2%1.0%1.9%25.2%3.8%2.1%0.8%-3.3M9.4M-38.7K4.9028.53984802322,256
2018-07-10$108.96$110.003.5%1.1%1.8%32.6%3.8%1.9%0.5%-3.2M8.9M-37.8K4.9054.67984802322,256
2018-07-11$109.12$110.003.6%1.0%1.9%36.5%3.9%2.3%0.5%-3.5M7.5M-29.4K5.5252.66985412322,256
2018-07-12$109.14$110.003.5%1.0%1.8%34.0%3.9%1.0%-0.5%-3.7M8.5M-39.2K5.5255.38985412322,396
2018-07-13$109.24$110.003.6%1.0%1.8%37.7%3.7%0.6%-1.6%-3.4M7.7M-38.6K5.5258.00985412322,396
2018-07-16$109.18$110.003.7%1.0%1.8%38.2%3.7%1.7%0.4%-3.9M7.4M-27.9K5.6041.86985492322,396
2018-07-17$109.23$110.003.8%1.1%1.8%43.0%4.0%2.2%0.6%-3.5M7.0M-27.8K5.6048.37985492322,404
2018-07-18$109.26$110.003.7%1.0%1.8%38.2%3.7%1.4%0.2%-3.7M6.9M-27.0K5.7052.26985592322,404
2018-07-19$109.37$110.003.8%1.1%1.7%42.8%3.9%2.2%0.2%-3.5M6.4M-26.7K6.2451.49986122322,409
2018-07-20$109.28$110.003.6%1.0%1.8%35.8%3.5%1.5%0.3%-4.0M7.1M-28.1K7.2132.89856132192,465
2018-07-23$109.03$110.003.9%1.1%2.0%45.3%3.9%1.4%-0.3%-4.0M9.9M-40.6K7.1440.53846002142,460
2018-07-24$108.99$110.003.8%1.1%2.0%41.2%4.0%0.3%0.1%-3.8M8.3M-28.2K7.1437.25846002142,460
2018-07-25$109.08$110.003.9%1.1%2.0%44.2%3.9%-0.1%-0.3%-3.9M8.0M-27.6K6.5239.48926002142,460
2018-07-26$108.98$110.003.6%1.0%1.9%37.1%3.7%1.5%-0.1%-3.8M8.2M-27.4K6.2032.09925702062,460
2018-07-27$108.97$110.003.0%0.9%1.9%21.8%3.8%1.6%0.2%-4.2M11.2M-40.1K6.5245.70875672062,487
2018-07-30$108.87$110.003.0%0.9%1.9%21.2%3.3%0.6%-0.2%-4.9M9.6M-36.5K6.8735.27835702032,492
2018-07-31$109.00$110.002.5%0.7%1.7%8.0%3.7%0.9%0.4%-4.4M8.3M-34.9K4.8164.29833992012,492