MUB Options History — August 2019

In August 2019, MUB traded between $113.77 and $115.34. ATM implied volatility averaged 3.3%, placing in the 38.3% IV rank vs the trailing year. The 30-day expected move averaged 0.9%. IV traded above realized volatility by 1.3% (HV 20d: 2.0%). Max pain ranged from $113.00 to $115.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 4.45.

Notable Days

  • 2019-08-07: Highest Volume — 153 contracts
  • 2019-08-13: Largest IV spike — 56.8% change
  • 2019-08-13: Highest IV Rank — 78.5%
  • 2019-08-13: Largest Expected Move — 1.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$114.87$113.77$115.34$113.77$115.27
Max Pain$113.55$113.00$115.00$113.00$115.00
ATM IV3.3%2.2%5.0%2.2%2.7%
Expected Move0.9%0.6%1.2%0.6%0.8%
HV 20d2.0%1.2%2.6%1.4%2.6%
HV 60d1.9%1.7%2.0%1.7%2.0%
IV Rank38.3%12.4%78.5%12.4%24.4%
IV Percentile39.9%2.8%97.6%3.2%11.5%
Term Structure0.2%-0.9%1.8%1.8%0.5%
VWIV3.4%2.0%5.4%4.5%3.4%
Skew 25d0.8%-0.5%2.4%2.4%0.0%
Skew 10d1.3%-0.2%17.0%1.7%0.0%
Call IV 25d2.6%1.8%3.7%2.0%2.4%
Put IV 25d3.4%2.3%4.4%4.4%2.5%
Bid-Ask Spread %102.8081.93121.60102.13106.07
Gamma HHI0.330.230.430.340.35
Net GEX-355.4K-641.6K-57.4K-641.6K-251.0K
Net DEX213.6K-246.4K827.6K430.9K81.2K
Net VEX-4.9K-7.4K-2.4K-5.5K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.450.0025.004.5025.00
Total Volume25.09101533352
Total OI668.682474868672584

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$113.77$113.002.2%0.6%1.4%12.4%4.5%2.4%1.8%-641.6K430.9K-5.5K4.50102.1362755617
2019-08-02$113.94$113.003.3%1.0%1.3%39.2%3.3%0.3%-0.1%-507.4K147.5K-5.0K0.00121.608059628
2019-08-05$114.17$113.003.9%1.0%1.4%52.2%0.0%0.3%-0.0%-376.0K67.3K-4.6K2.0093.393658628
2019-08-06$114.26$113.003.5%1.2%1.2%44.0%0.0%1.0%-0.5%-249.3K-36.8K-3.2K0.00110.5004058634
2019-08-07$114.51$113.003.7%1.0%1.4%48.1%5.4%1.3%0.2%-325.6K-73.1K-3.2K3.64114.593312058664
2019-08-08$114.67$113.003.2%1.0%1.2%35.9%0.0%0.9%-0.9%-548.1K449.2K-6.0K0.20102.4910251784
2019-08-09$114.53$113.002.8%1.0%1.4%26.8%3.4%0.7%-0.1%-344.2K218.6K-5.0K0.5086.946361784
2019-08-12$114.92$113.003.2%0.9%1.7%35.4%3.4%0.5%0.5%-317.3K265.6K-6.3K0.0098.530263787
2019-08-13$114.76$113.005.0%1.2%1.8%78.5%0.0%0.0%-0.7%-496.5K786.3K-7.4K0.00114.3003163789
2019-08-14$115.17$113.003.4%1.0%2.1%41.0%3.3%1.8%0.4%-480.6K338.5K-6.2K5.33110.2731663790
2019-08-15$115.34$113.003.4%1.0%2.1%41.5%2.0%2.2%0.4%-274.0K185.1K-6.3K0.9086.8610966802
2019-08-16$115.29$113.003.4%1.0%2.1%41.4%0.0%1.4%0.2%-57.4K-246.4K-2.6K0.00113.3102469793
2019-08-19$115.15$113.003.3%0.9%2.2%37.2%0.0%1.1%0.4%-143.8K-206.2K-2.4K0.5081.938456418
2019-08-20$115.27$113.003.3%0.9%2.2%37.7%2.3%0.3%-0.1%-280.8K154.2K-5.1K8.0099.431858418
2019-08-21$115.10$113.003.4%1.0%2.3%40.3%3.0%1.1%0.2%-139.4K-117.0K-3.0K2.8086.4151459426
2019-08-22$114.98$114.003.3%0.9%2.4%38.2%0.0%0.8%-0.0%-361.5K306.3K-5.4K0.00102.710058440
2019-08-23$115.20$114.003.4%1.0%2.4%41.1%3.4%-0.5%-0.2%-377.7K251.8K-5.7K0.0095.6506258440
2019-08-26$115.08$115.003.6%1.0%2.5%45.3%0.0%0.7%0.1%-516.0K528.4K-6.7K0.00115.580058502
2019-08-27$115.20$115.003.3%0.9%2.5%37.7%0.0%-0.0%0.3%-353.5K827.6K-6.9K0.00114.450058502
2019-08-28$115.33$115.002.9%0.8%2.5%29.0%0.0%0.0%0.6%-508.6K356.5K-6.0K6.00107.1953058502
2019-08-29$115.19$115.002.3%0.7%2.6%14.6%0.0%0.6%0.8%-268.3K-16.3K-2.9K3.0097.171360532
2019-08-30$115.27$115.002.7%0.8%2.6%24.4%0.0%0.0%0.5%-251.0K81.2K-3.2K25.00106.0725055529