MUB Options History — February 2019

In February 2019, MUB traded between $109.08 and $110.01. ATM implied volatility averaged 3.7%, placing in the 47.8% IV rank vs the trailing year. The 30-day expected move averaged 1.1%. IV traded above realized volatility by 1.7% (HV 20d: 2.0%). Max pain ranged from $107.00 to $107.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 1.95.

Notable Days

  • 2019-02-21: Highest Volume — 85 contracts
  • 2019-02-27: Largest IV drop — 20.3% change
  • 2019-02-04: Highest IV Rank — 66.3%
  • 2019-02-04: Largest Expected Move — 1.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$109.57$109.08$110.01$109.12$109.81
Max Pain$107.00$107.00$107.00$107.00$107.00
ATM IV3.7%2.9%4.5%4.2%3.0%
Expected Move1.1%0.8%1.3%1.2%0.9%
HV 20d2.0%1.8%2.2%2.0%2.2%
HV 60d1.9%1.9%2.0%1.9%2.0%
IV Rank47.8%27.2%66.3%57.2%29.8%
IV Percentile49.6%13.9%86.1%73.0%17.1%
Term Structure0.3%-2.1%1.5%0.0%1.4%
VWIV3.5%2.2%5.8%5.8%2.7%
Skew 25d1.0%-0.0%2.0%1.0%0.9%
Skew 10d0.7%0.4%1.3%0.5%0.9%
Call IV 25d2.4%2.1%3.3%2.3%2.2%
Put IV 25d3.4%2.9%4.2%3.3%3.1%
Bid-Ask Spread %94.6684.61106.4399.31103.09
Gamma HHI0.350.210.700.410.35
Net GEX-1.7M-3.9M-185.1K-3.9M-187.8K
Net DEX916.9K-1.5M3.5M3.4M799.3K
Net VEX-10.9K-17.5K-4.4K-17.3K-7.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.950.0015.000.1615.00
Total Volume32.4740857116
Total OI2,503.9477893,7473,679849

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-02-01$109.12$107.004.2%1.2%2.0%57.2%5.8%1.0%0.0%-3.9M3.4M-17.3K0.1699.3161102983,381
2019-02-04$109.08$107.004.5%1.3%1.8%66.3%0.0%1.0%-0.3%-3.7M3.5M-17.5K0.00100.42003253,384
2019-02-05$109.17$107.004.2%1.2%1.9%59.1%0.0%1.1%0.2%-3.1M1.7M-13.4K0.0097.98083253,384
2019-02-06$109.16$107.003.9%1.1%1.8%52.0%0.0%1.5%0.7%-2.8M1.9M-14.4K0.0089.83003253,384
2019-02-07$109.44$107.003.8%1.1%1.9%48.0%0.0%1.2%0.5%-2.6M869.7K-12.3K0.0086.14203253,384
2019-02-08$109.55$107.004.2%1.2%1.9%57.4%4.2%0.6%-2.1%-2.9M372.6K-14.4K0.2484.613383523,392
2019-02-11$109.52$107.003.7%1.1%2.0%47.8%0.0%2.0%0.0%-3.1M2.3M-15.7K0.1088.662023553,392
2019-02-12$109.52$107.003.9%1.1%1.9%51.6%0.0%-0.0%-1.2%-2.4M-271.0K-11.7K0.1087.782023453,394
2019-02-13$109.47$107.003.9%1.1%2.0%51.3%0.0%1.1%0.4%-3.4M2.5M-13.1K1.45102.3720293453,394
2019-02-14$109.67$107.003.6%1.0%2.0%45.3%0.0%1.2%0.2%-1.3M-1.5M-8.7K1.1286.4426293403,383
2019-02-15$109.65$107.003.5%1.0%2.0%42.2%0.0%1.1%0.1%-1.7M-1.1M-9.3K0.6392.7846293463,383
2019-02-19$109.74$107.004.0%1.1%2.0%53.6%0.0%0.4%-0.1%-200.0K-67.2K-4.4K1.2095.715669720
2019-02-20$109.81$107.003.6%1.0%2.0%44.3%2.2%0.7%1.3%-295.4K207.2K-6.5K0.11106.4357674726
2019-02-21$109.67$107.003.6%1.0%2.0%44.4%2.5%1.5%1.4%-185.1K1.1M-10.1K0.1088.38778112726
2019-02-22$109.84$107.003.6%1.0%2.0%44.9%2.7%0.6%0.0%-277.5K476.5K-8.1K0.1086.94778112728
2019-02-25$109.77$107.003.5%1.0%2.0%41.6%0.0%2.0%1.5%-274.9K408.3K-7.3K0.00100.7701112728
2019-02-26$110.01$107.003.6%1.0%2.1%44.2%0.0%0.6%1.4%-204.3K250.8K-7.1K1.00100.0411112729
2019-02-27$109.78$107.002.9%0.8%2.2%27.2%0.0%0.7%1.0%-295.2K548.8K-7.8K8.00100.8118113729
2019-02-28$109.81$107.003.0%0.9%2.2%29.8%0.0%0.9%1.4%-187.8K799.3K-7.5K15.00103.09115113736