MUB Options History — May 2019

In May 2019, MUB traded between $111.33 and $112.95. ATM implied volatility averaged 3.3%, placing in the 38.0% IV rank vs the trailing year. The 30-day expected move averaged 0.9%. IV traded above realized volatility by 1.6% (HV 20d: 1.7%). Max pain ranged from $110.00 to $111.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 5.85.

Notable Days

  • 2019-05-14: Highest Volume — 212 contracts
  • 2019-05-30: Largest IV spike — 28.9% change
  • 2019-05-08: Highest IV Rank — 64.1%
  • 2019-05-22: Largest Expected Move — 1.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$112.15$111.33$112.95$111.38$112.95
Max Pain$110.86$110.00$111.00$110.00$111.00
ATM IV3.3%2.4%4.4%2.6%2.9%
Expected Move0.9%0.7%1.0%0.7%0.8%
HV 20d1.7%1.4%1.8%1.7%1.5%
HV 60d2.1%2.0%2.2%2.1%2.0%
IV Rank38.0%15.8%64.1%21.5%27.8%
IV Percentile36.5%3.6%88.9%7.9%17.1%
Term Structure0.3%-1.9%1.4%0.6%1.3%
VWIV3.0%2.1%4.0%2.8%2.3%
Skew 25d0.7%-0.6%5.8%0.3%0.6%
Skew 10d0.9%-0.2%12.5%0.5%-0.2%
Call IV 25d2.4%2.1%3.2%2.3%2.5%
Put IV 25d3.1%2.4%8.2%2.6%3.1%
Bid-Ask Spread %94.5081.04118.58114.7798.18
Gamma HHI0.260.200.370.230.25
Net GEX-117.3K-289.3K96.1K-173.4K-93.4K
Net DEX-222.3K-932.1K471.2K-436.3K332.5K
Net VEX-7.9K-9.7K-6.4K-7.4K-9.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.850.0634.0010.000.94
Total Volume55.90922122231
Total OI918.2734931,2741,153540

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$111.38$110.002.6%0.7%1.7%21.5%2.8%0.3%0.6%-173.4K-436.3K-7.4K10.00114.77220166987
2019-05-02$111.33$110.002.6%0.7%1.6%21.3%2.8%0.4%0.5%-231.0K-426.6K-7.5K4.0092.18520169991
2019-05-03$111.45$110.002.5%0.7%1.6%20.6%2.7%0.2%0.5%-197.4K-431.1K-7.8K4.0096.90520169991
2019-05-06$111.63$111.003.3%0.9%1.7%37.8%3.4%-0.1%-0.7%-192.6K-588.3K-7.2K1.0087.2811168991
2019-05-07$111.69$111.003.8%0.9%1.7%50.2%3.1%-0.1%-0.6%-179.6K-454.1K-7.6K0.2586.9341168992
2019-05-08$111.67$111.004.4%0.9%1.7%64.1%3.1%0.1%-0.5%-169.9K-570.1K-6.9K1.75102.5847165992
2019-05-09$111.88$111.004.0%0.9%1.7%54.5%3.1%0.3%0.9%-289.3K-517.3K-7.2K1.0299.805455165995
2019-05-10$111.88$111.004.3%0.9%1.7%63.4%4.0%0.4%0.8%-288.3K-210.5K-7.6K1.29107.8217221401,045
2019-05-13$112.15$111.004.2%1.0%1.7%59.8%3.4%1.0%0.1%-236.1K-466.0K-6.4K0.0684.7512671401,045
2019-05-14$112.22$111.003.8%0.9%1.7%51.0%3.3%1.2%0.4%-131.7K-583.9K-8.4K0.5081.95141711891,055
2019-05-15$112.41$111.003.3%0.9%1.7%38.2%0.0%-0.6%-0.1%-15.6K-932.1K-6.8K25.0081.041251911,062
2019-05-16$112.37$111.002.8%0.8%1.7%26.9%0.0%0.0%-1.9%-23.4K-773.0K-8.0K5.0083.605251921,081
2019-05-17$112.42$111.002.9%0.8%1.7%30.1%2.1%0.7%0.8%964-915.2K-6.8K4.1797.326251931,081
2019-05-20$112.38$111.003.4%1.0%1.7%40.2%0.0%0.5%0.1%-51.6K117.7K-7.9K0.0087.61038104389
2019-05-21$112.26$111.003.3%0.9%1.8%37.6%3.8%1.4%-0.1%-115.1K340.6K-9.2K0.0085.22096104427
2019-05-22$112.33$111.003.5%1.0%1.7%43.6%2.4%0.5%-0.6%-85.9K345.6K-9.2K0.0084.23096104410
2019-05-23$112.48$111.003.3%0.9%1.7%37.3%2.6%0.9%0.6%-54.5K327.5K-9.0K0.00103.39094104410
2019-05-24$112.49$111.003.2%0.9%1.7%35.2%2.3%0.5%0.1%-31.1K208.7K-8.6K0.0083.98094104405
2019-05-28$112.55$111.002.8%0.8%1.7%26.0%0.0%5.8%1.0%96.1K204.5K-8.2K34.00118.58134104407
2019-05-29$112.62$111.002.4%0.7%1.6%15.8%0.0%0.7%1.4%-118.8K66.6K-6.6K3.1192.00928105422
2019-05-30$112.67$111.003.0%0.9%1.4%32.1%0.0%0.7%1.2%1.9K471.2K-9.7K3.33108.89930107433
2019-05-31$112.95$111.002.9%0.8%1.5%27.8%0.0%0.6%1.3%-93.4K332.5K-9.5K0.9498.181615107433