MUB Options History — October 2018

In October 2018, MUB traded between $106.91 and $107.78. ATM implied volatility averaged 3.9%, placing in the 50.8% IV rank vs the trailing year. The 30-day expected move averaged 1.1%. IV traded above realized volatility by 1.8% (HV 20d: 2.1%). Max pain ranged from $108.00 to $110.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 16.74.

Notable Days

  • 2018-10-24: Highest Volume — 1,818 contracts
  • 2018-10-19: Largest IV drop — 30.7% change
  • 2018-10-26: Highest IV Rank — 76.5%
  • 2018-10-26: Largest Expected Move — 1.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$107.17$106.91$107.78$107.69$107.09
Max Pain$109.43$108.00$110.00$109.00$108.00
ATM IV3.9%2.8%5.0%2.8%4.5%
Expected Move1.1%0.8%1.4%0.8%1.3%
HV 20d2.1%1.6%2.3%2.3%1.6%
HV 60d2.0%1.9%2.1%1.9%1.9%
IV Rank50.8%26.3%76.5%26.7%66.0%
IV Percentile64.3%16.7%96.0%16.7%90.1%
Term Structure-0.6%-2.6%1.9%1.5%0.2%
VWIV4.4%3.2%5.6%5.1%4.9%
Skew 25d1.5%0.2%2.5%0.8%1.6%
Skew 10d3.3%0.7%6.5%2.1%3.5%
Call IV 25d2.8%1.7%4.8%1.7%3.4%
Put IV 25d4.3%2.4%6.1%2.4%4.9%
Bid-Ask Spread %60.3537.82116.3538.9745.40
Gamma HHI0.360.290.510.380.33
Net GEX-5.6M-7.8M-4.6M-4.6M-6.8M
Net DEX21.7M13.1M25.6M13.1M25.3M
Net VEX-68.0K-86.7K-41.8K-44.1K-83.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio16.744.3834.024.4830.02
Total Volume1,286.9576511,8186581,427
Total OI4,087.6092,6625,1832,6625,183

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-10-01$107.69$109.002.8%0.8%2.3%26.7%5.1%0.8%1.5%-4.6M13.1M-44.1K4.4838.971205382262,436
2018-10-02$107.78$109.003.1%0.9%1.9%33.3%5.1%0.8%1.4%-4.6M13.3M-49.4K4.3842.171215302312,591
2018-10-03$107.40$109.003.5%1.0%2.2%41.9%5.5%1.9%1.9%-4.6M15.6M-45.7K7.0058.77855952322,592
2018-10-04$107.22$110.004.3%1.1%2.2%60.5%3.2%1.9%-0.9%-4.6M18.5M-41.8K12.3563.76861,0621762,652
2018-10-05$107.05$110.003.7%1.2%2.1%46.5%4.0%2.3%-2.6%-4.8M19.8M-56.2K5.3995.442211,1911773,107
2018-10-08$107.08$110.003.8%1.1%2.1%48.8%3.9%2.0%-1.6%-4.9M20.6M-59.8K5.9753.781951,1643193,238
2018-10-09$106.97$110.003.7%1.1%2.1%46.0%3.8%1.9%-1.5%-5.1M21.7M-62.9K8.3039.721078883403,404
2018-10-10$106.91$110.004.2%1.2%2.1%58.0%4.8%2.1%-2.5%-4.7M20.8M-65.9K12.38102.77789663503,408
2018-10-11$107.02$110.003.9%1.1%2.1%50.1%4.6%1.7%-2.5%-5.2M21.5M-69.8K11.5080.70788973513,652
2018-10-12$106.99$110.003.7%1.1%2.1%46.6%3.5%1.2%-2.5%-5.1M21.8M-69.4K16.5143.11771,2713513,650
2018-10-15$106.94$110.003.5%1.0%2.1%41.8%3.9%1.9%-0.7%-5.7M25.5M-74.9K16.0348.45771,2343904,026
2018-10-16$106.99$110.003.4%1.0%2.1%39.2%3.5%0.7%-1.8%-5.9M24.8M-73.9K16.0349.95771,2343924,026
2018-10-17$106.95$110.003.8%1.1%2.1%48.6%4.1%1.7%-1.2%-5.6M25.5M-74.2K17.3061.10771,3323924,026
2018-10-18$107.00$110.004.1%1.2%2.1%55.4%4.1%0.9%-1.6%-5.9M24.6M-78.4K25.6259.30521,3323934,122
2018-10-19$106.98$110.002.8%0.8%2.1%26.3%3.3%1.3%-0.8%-7.8M25.4M-75.4K27.2037.82501,3604004,122
2018-10-22$107.00$110.003.1%0.9%2.1%32.3%3.3%0.7%0.8%-5.7M24.9M-74.2K20.4546.20661,3504214,004
2018-10-23$107.26$110.003.8%1.1%2.3%50.1%3.9%1.4%0.1%-6.2M22.3M-76.4K20.4542.28661,3504224,020
2018-10-24$107.30$110.004.8%1.4%2.2%73.4%5.4%1.7%-0.2%-5.5M20.2M-79.5K9.1060.331801,6384224,020
2018-10-25$107.27$108.004.6%1.3%2.2%67.7%4.4%1.9%-0.1%-6.1M21.4M-83.2K24.5544.94661,6205374,320
2018-10-26$107.33$108.005.0%1.4%2.2%76.5%5.6%2.5%-0.3%-6.3M24.3M-68.9K24.2691.99661,6015384,320
2018-10-29$107.37$108.004.5%1.3%1.9%66.0%5.0%0.2%0.1%-6.7M25.6M-70.0K34.02116.35431,4635404,320
2018-10-30$107.26$108.004.5%1.3%1.9%65.6%5.4%2.3%0.0%-6.7M22.7M-86.7K31.6964.66481,5215464,630
2018-10-31$107.09$108.004.5%1.3%1.6%66.0%4.9%1.6%0.2%-6.8M25.3M-83.6K30.0245.40461,3815534,630