MUB Options History — July 2019

In July 2019, MUB traded between $112.81 and $113.69. ATM implied volatility averaged 2.8%, placing in the 27.5% IV rank vs the trailing year. The 30-day expected move averaged 0.8%. IV traded above realized volatility by 1.1% (HV 20d: 1.8%). Max pain ranged from $113.00 to $113.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 9.97.

Notable Days

  • 2019-07-31: Highest Volume — 133 contracts
  • 2019-07-31: Largest IV spike — 53.4% change
  • 2019-07-31: Highest IV Rank — 46.9%
  • 2019-07-31: Largest Expected Move — 1.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$113.33$112.81$113.69$112.81$113.69
Max Pain$113.00$113.00$113.00$113.00$113.00
ATM IV2.8%2.1%3.6%2.7%3.6%
Expected Move0.8%0.6%1.0%0.8%1.0%
HV 20d1.8%1.4%2.0%1.9%1.4%
HV 60d1.8%1.7%1.8%1.7%1.7%
IV Rank27.5%8.9%46.9%23.9%46.9%
IV Percentile22.9%2.0%60.7%13.9%60.7%
Term Structure0.1%-1.8%2.4%1.0%-0.1%
VWIV3.4%2.5%5.0%3.8%3.4%
Skew 25d1.4%0.3%9.3%0.8%1.0%
Skew 10d0.2%-28.4%14.5%1.0%-28.4%
Call IV 25d2.1%1.5%2.8%2.1%2.8%
Put IV 25d3.5%2.4%11.6%2.9%3.8%
Bid-Ask Spread %102.1583.36129.17108.61129.17
Gamma HHI0.270.190.350.310.22
Net GEX-404.4K-606.8K-99.0K-606.8K-593.5K
Net DEX636.8K275.3K1.2M850.6K1.2M
Net VEX-6.4K-7.8K-4.6K-7.7K-7.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio9.970.0030.001.503.93
Total Volume1801330133
Total OI601.136521672596672

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-07-01$112.81$113.002.7%0.8%1.9%23.9%0.0%0.8%1.0%-606.8K850.6K-7.7K0.00108.610057539
2019-07-02$113.02$113.002.2%0.6%2.0%12.7%0.0%9.3%0.6%-309.5K613.1K-6.7K0.00101.390357539
2019-07-03$113.08$113.002.3%0.7%2.0%15.6%0.0%1.2%2.4%-494.3K694.2K-7.2K1.50102.842357539
2019-07-05$112.92$113.002.5%1.0%2.0%19.9%0.0%0.3%-1.3%-556.2K623.2K-6.8K1.5091.002359539
2019-07-08$113.03$113.002.1%0.9%1.7%8.9%0.0%0.7%-0.8%-202.6K616.7K-6.8K0.0084.050059539
2019-07-09$113.27$113.002.8%0.9%1.7%25.8%3.8%1.4%-1.4%-99.0K376.0K-5.9K30.0083.3613059539
2019-07-10$113.33$113.002.9%0.8%1.7%29.9%2.5%0.6%-1.8%-535.3K637.4K-7.0K30.00101.2913060566
2019-07-11$113.17$113.003.1%0.9%1.8%33.2%3.9%1.8%0.3%-540.1K816.4K-7.4K24.00102.9412460566
2019-07-12$113.31$113.003.1%0.9%1.9%34.1%2.6%0.3%0.1%-490.4K695.8K-7.4K6.1496.7474360590
2019-07-15$113.33$113.003.1%0.9%1.9%33.0%0.0%0.5%-0.1%-379.4K389.5K-4.6K0.0086.170062603
2019-07-16$113.30$113.003.0%0.9%1.9%32.1%0.0%0.4%0.3%-455.7K546.8K-6.1K0.0092.200062603
2019-07-17$113.42$113.003.1%0.9%1.9%34.3%0.0%0.6%0.4%-420.8K682.3K-7.5K0.0087.660062603
2019-07-18$113.53$113.002.5%0.7%1.9%18.9%0.0%1.1%0.3%-406.5K538.7K-6.9K0.00109.220061603
2019-07-19$113.49$113.003.3%0.9%1.9%37.9%0.0%0.9%0.3%-401.5K417.5K-6.3K0.00108.990061603
2019-07-22$113.47$113.003.2%0.9%1.8%37.2%0.0%0.9%0.1%-420.8K736.5K-6.1K0.00108.921029492
2019-07-23$113.42$113.003.3%0.9%1.8%38.4%0.0%0.9%-0.1%-420.6K812.1K-6.5K0.00113.591030492
2019-07-24$113.51$113.002.4%0.7%1.8%17.1%0.0%1.7%1.0%-401.1K630.4K-5.8K0.00107.181030492
2019-07-25$113.49$113.003.4%1.0%1.8%41.6%5.0%2.7%0.1%-365.7K545.9K-5.0K20.00105.6812030492
2019-07-26$113.53$113.002.8%0.8%1.7%27.5%2.8%1.2%-0.1%-297.3K584.4K-5.0K22.00104.8712230512
2019-07-29$113.55$113.002.5%0.7%1.7%20.6%3.1%1.6%-0.0%-220.5K694.5K-5.1K0.22111.1527630514
2019-07-30$113.58$113.002.4%0.7%1.5%16.5%3.2%0.8%-0.0%-278.4K275.3K-4.9K0.22110.3327656517
2019-07-31$113.69$113.003.6%1.0%1.4%46.9%3.4%1.0%-0.1%-593.5K1.2M-7.8K3.93129.172710655617