MUB Options History — August 2018

In August 2018, MUB traded between $108.55 and $109.02. ATM implied volatility averaged 2.5%, placing in the 18.3% IV rank vs the trailing year. The 30-day expected move averaged 0.8%. IV traded above realized volatility by 0.7% (HV 20d: 1.9%). Max pain ranged from $109.00 to $110.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 5.10.

Notable Days

  • 2018-08-30: Highest Volume — 686 contracts
  • 2018-08-13: Largest IV spike — 94.8% change
  • 2018-08-13: Highest IV Rank — 38.5%
  • 2018-08-10: Largest Expected Move — 0.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$108.85$108.55$109.02$108.55$108.97
Max Pain$109.13$109.00$110.00$110.00$109.00
ATM IV2.5%1.7%3.4%2.4%2.5%
Expected Move0.8%0.5%0.9%0.7%0.7%
HV 20d1.9%0.9%2.1%2.1%0.9%
HV 60d2.1%1.7%2.3%2.3%1.7%
IV Rank18.3%0.0%38.5%5.8%17.6%
IV Percentile6.2%0.0%26.2%1.6%4.4%
Term Structure0.2%-1.0%1.8%-0.1%1.5%
VWIV3.0%2.4%3.5%3.0%3.0%
Skew 25d1.1%-0.5%3.2%1.1%0.8%
Skew 10d1.6%-0.2%6.7%6.7%1.1%
Call IV 25d2.1%1.3%2.8%2.8%1.6%
Put IV 25d3.3%2.1%4.5%3.9%2.3%
Bid-Ask Spread %43.0424.75103.6151.12103.61
Gamma HHI0.410.350.600.420.38
Net GEX-4.4M-8.0M-2.4M-5.1M-2.9M
Net DEX8.0M5.0M11.3M10.2M6.8M
Net VEX-34.2K-39.6K-24.5K-37.1K-39.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.103.366.974.016.61
Total Volume517.913379686471685
Total OI2,466.8261,8462,8632,7842,194

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-08-01$108.55$110.002.4%0.7%2.1%5.8%3.0%1.1%-0.1%-5.1M10.2M-37.1K4.0151.12943772152,569
2018-08-02$108.66$110.001.8%0.5%2.1%0.0%2.4%1.5%-0.7%-5.7M10.2M-36.2K3.8032.46943572022,579
2018-08-03$108.72$110.002.7%0.8%2.1%20.5%2.5%-0.5%0.0%-5.5M10.4M-37.2K3.9029.97943672022,584
2018-08-06$108.72$109.002.5%0.8%2.1%16.2%3.5%3.2%0.6%-5.9M9.0M-33.5K3.9031.48943672022,594
2018-08-07$108.61$109.003.0%0.9%2.1%27.7%3.2%1.2%-0.8%-5.4M10.1M-35.0K4.0624.75943822022,594
2018-08-08$108.63$109.002.3%0.8%2.0%12.9%3.1%1.2%0.1%-5.2M11.3M-36.4K4.6631.86823822012,587
2018-08-09$108.67$109.002.1%0.8%2.0%7.4%3.0%0.9%-0.9%-5.4M9.5M-33.2K4.6636.33823822012,587
2018-08-10$108.83$109.001.7%0.9%2.1%0.0%3.3%1.3%0.3%-4.5M10.8M-37.4K4.9334.94753702012,587
2018-08-13$108.81$109.003.4%0.9%2.1%38.5%3.3%0.4%-0.9%-5.4M8.9M-32.1K6.1231.66754591902,584
2018-08-14$108.82$109.002.7%0.8%2.1%22.8%3.1%0.7%-0.5%-5.9M8.7M-31.1K6.1230.22754591902,591
2018-08-15$108.97$109.003.1%0.9%2.1%31.7%3.1%0.9%-1.0%-5.7M7.9M-30.1K5.7557.85754311902,590
2018-08-16$108.95$109.002.6%0.8%2.1%21.5%2.9%1.1%-0.5%-6.7M8.3M-31.0K6.1629.64754621902,631
2018-08-17$108.95$109.002.6%0.8%2.1%21.2%2.9%1.0%-0.6%-8.0M8.6M-31.3K6.9758.74745161902,673
2018-08-20$109.02$109.002.6%0.8%1.9%21.4%2.7%0.9%0.4%-2.5M5.0M-24.5K3.3637.88872921271,719
2018-08-21$108.99$109.002.5%0.7%1.9%18.8%2.6%0.7%0.3%-2.4M5.0M-25.1K3.4037.16872961521,744
2018-08-22$109.01$109.002.7%0.8%1.9%23.5%3.1%0.7%0.3%-2.8M6.0M-36.1K5.2059.20874521541,892
2018-08-23$108.98$109.002.7%0.8%1.9%22.0%2.7%0.8%0.4%-2.9M6.1M-36.4K5.2048.34874521541,892
2018-08-24$108.98$109.002.6%0.7%1.9%20.7%2.6%0.8%0.2%-2.7M6.2M-36.5K5.0844.93894521541,892
2018-08-27$108.95$109.002.3%0.6%1.9%12.1%2.7%2.1%1.6%-2.8M6.2M-36.1K5.0853.86894521561,892
2018-08-28$108.87$109.002.6%0.8%1.8%20.9%3.3%2.3%0.6%-2.9M6.3M-35.8K5.0740.53894511561,892
2018-08-29$108.90$109.002.6%0.7%1.0%20.6%3.2%2.1%1.5%-2.8M6.4M-35.8K6.7040.66895961561,892
2018-08-30$108.97$109.002.4%0.7%1.0%16.2%2.9%0.8%1.8%-3.0M6.7M-39.6K6.6242.71905961562,037
2018-08-31$108.97$109.002.5%0.7%0.9%17.6%3.0%0.8%1.5%-2.9M6.8M-39.5K6.61103.61905951572,037