MUB Options History — April 2019

In April 2019, MUB traded between $110.69 and $111.58. ATM implied volatility averaged 3.3%, placing in the 38.4% IV rank vs the trailing year. The 30-day expected move averaged 1.0%. IV traded above realized volatility by 0.8% (HV 20d: 2.4%). Max pain ranged from $110.00 to $110.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 2.13.

Notable Days

  • 2019-04-26: Highest Volume — 155 contracts
  • 2019-04-29: Largest IV spike — 46.1% change
  • 2019-04-15: Highest IV Rank — 47.8%
  • 2019-04-02: Largest Expected Move — 1.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$110.96$110.69$111.58$110.70$111.58
Max Pain$110.00$110.00$110.00$110.00$110.00
ATM IV3.3%2.5%3.7%3.5%2.7%
Expected Move1.0%0.7%1.1%1.1%0.8%
HV 20d2.4%1.5%2.7%2.6%1.5%
HV 60d2.2%2.1%2.2%2.2%2.1%
IV Rank38.4%18.2%47.8%44.3%24.4%
IV Percentile30.4%4.8%52.0%37.3%12.7%
Term Structure-0.5%-1.7%1.1%-0.4%0.2%
VWIV3.2%2.1%3.9%3.9%3.3%
Skew 25d0.0%-1.3%0.5%-1.0%0.5%
Skew 10d0.4%-0.6%4.9%-0.0%0.5%
Call IV 25d2.8%1.9%3.6%3.4%2.2%
Put IV 25d2.8%2.2%3.3%2.4%2.7%
Bid-Ask Spread %97.5182.33117.3897.33102.34
Gamma HHI0.320.190.600.230.19
Net GEX179.6K-68.2K305.2K175.8K-68.2K
Net DEX-410.9K-680.7K-264.7K-403.1K-680.7K
Net VEX-6.0K-8.0K-4.5K-5.9K-7.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.130.009.001.099.00
Total Volume40.95201552320
Total OI1,069.6191,0071,1531,0071,153

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$110.70$110.003.5%1.1%2.6%44.3%0.0%-1.0%-0.4%175.8K-403.1K-5.9K1.0997.331112188819
2019-04-02$110.84$110.003.7%1.1%2.6%47.4%3.9%-0.3%0.1%166.4K-409.8K-6.6K1.3385.481520201831
2019-04-03$110.69$110.002.9%1.0%2.7%28.0%3.5%-0.5%-0.7%202.9K-419.3K-6.0K2.0097.441530201839
2019-04-04$110.69$110.003.1%0.9%2.6%34.0%3.2%-0.5%-1.2%190.6K-451.3K-5.2K1.7188.911729201855
2019-04-05$110.77$110.003.5%0.9%2.6%44.3%3.4%-0.5%-1.1%183.3K-347.0K-6.4K1.8882.581732203856
2019-04-08$110.74$110.003.4%0.9%2.6%39.7%0.0%0.3%-0.7%208.6K-267.3K-5.9K0.0092.1300196856
2019-04-09$110.83$110.003.4%1.0%2.6%40.4%3.5%0.5%-1.2%187.8K-282.2K-6.1K5.0082.3315196856
2019-04-10$110.91$110.003.5%1.0%2.6%43.4%2.1%-0.4%-1.3%270.6K-461.1K-5.8K1.57109.87711201858
2019-04-11$110.87$110.003.5%1.0%2.6%43.6%3.3%0.1%-1.7%261.1K-401.4K-5.7K2.4384.54717207860
2019-04-12$110.69$110.002.9%0.8%2.6%29.2%3.0%0.3%-0.8%263.5K-289.8K-5.4K1.1291.141719207864
2019-04-15$110.83$110.003.7%1.1%2.6%47.8%3.5%0.3%-1.4%305.2K-345.5K-5.2K0.2587.30246208869
2019-04-16$110.85$110.003.4%1.0%2.6%41.5%3.2%0.4%-1.0%247.6K-329.5K-5.9K0.92104.112624208875
2019-04-17$110.83$110.003.4%1.0%2.6%39.9%3.2%0.5%-0.9%210.5K-264.7K-6.2K0.8994.772724211895
2019-04-18$110.88$110.003.1%0.9%2.6%33.5%2.3%0.5%0.1%135.0K-282.8K-6.6K1.0098.602929211895
2019-04-22$110.91$110.003.5%1.0%2.1%42.9%0.0%0.4%-0.0%187.1K-377.3K-5.6K0.00109.2901154879
2019-04-23$111.06$110.003.3%0.9%2.1%38.3%3.3%-1.3%0.1%295.0K-510.0K-5.4K1.17109.611214154879
2019-04-24$111.30$110.003.3%1.0%2.3%39.3%3.4%0.4%-0.0%117.3K-603.3K-4.5K2.2598.832863156881
2019-04-25$111.31$110.003.4%1.0%2.2%41.6%3.7%0.5%0.2%116.1K-586.1K-6.6K2.25104.952863184900
2019-04-26$111.49$110.002.5%0.7%2.3%18.2%2.6%0.5%1.1%66.4K-594.4K-6.6K4.54117.3828127184918
2019-04-29$111.44$110.003.6%1.0%2.2%45.2%3.6%0.4%-0.3%48.5K-322.0K-8.0K0.00108.7050184969
2019-04-30$111.58$110.002.7%0.8%1.5%24.4%3.3%0.5%0.2%-68.2K-680.7K-7.2K9.00102.34218184969