MUB Options History — June 2020

In June 2020, MUB traded between $114.41 and $115.44. ATM implied volatility averaged 7.4%, placing in the 13.0% IV rank vs the trailing year. The 30-day expected move averaged 2.1%. IV traded above realized volatility by 4.4% (HV 20d: 2.9%). Max pain ranged from $108.00 to $115.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 6.70.

Notable Days

  • 2020-06-04: Highest Volume — 3,768 contracts
  • 2020-06-05: Largest IV spike — 43.3% change
  • 2020-06-11: Highest IV Rank — 18.6%
  • 2020-06-11: Largest Expected Move — 2.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$115.03$114.41$115.44$114.95$115.41
Max Pain$113.50$108.00$115.00$108.00$115.00
ATM IV7.4%4.1%9.8%6.0%4.1%
Expected Move2.1%1.2%2.8%1.7%1.2%
HV 20d2.9%2.1%3.3%2.8%2.1%
HV 60d15.5%4.2%24.4%24.4%4.2%
IV Rank13.0%5.6%18.6%9.9%5.6%
IV Percentile76.0%65.1%81.0%77.0%65.1%
Term Structure0.4%-0.4%3.0%0.3%3.0%
VWIV7.8%5.2%10.4%6.2%5.2%
Skew 25d1.6%0.7%2.9%2.3%1.3%
Skew 10d5.1%1.6%14.1%4.4%14.1%
Call IV 25d7.0%5.0%9.0%5.6%5.1%
Put IV 25d8.7%6.4%12.0%7.9%6.4%
Bid-Ask Spread %90.3955.11114.4498.1786.71
Gamma HHI0.260.170.400.220.38
Net GEX750.1K-4.8M4.8M4.4M-1.8M
Net DEX-12.0M-20.6M1.9M-19.9M-1.5M
Net VEX-107.0K-141.6K-66.3K-110.9K-66.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.700.0684.000.0984.00
Total Volume581.727413,76814044
Total OI13,942.63612,20115,62112,20112,614

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-06-01$114.95$108.006.0%1.7%2.8%9.9%6.2%2.3%0.3%4.4M-19.9M-110.9K0.0998.17128125,8476,354
2020-06-02$114.83$108.006.4%1.8%2.9%10.7%0.0%2.0%0.1%4.8M-19.8M-98.7K13.7656.39172345,9026,363
2020-06-03$114.65$108.006.6%1.9%3.1%11.3%6.9%1.0%-0.1%4.6M-19.2M-107.9K1.02105.431771815,9056,596
2020-06-04$114.55$114.006.6%2.0%3.2%11.3%8.0%1.8%0.7%4.4M-17.5M-117.8K0.6255.112,3201,4485,9726,772
2020-06-05$114.41$114.009.5%2.5%3.1%17.8%9.4%2.4%0.1%3.7M-15.6M-117.3K16.5787.591372,2705,9906,983
2020-06-08$114.57$114.008.6%2.4%3.1%15.8%10.2%2.4%-0.2%613.5K-7.8M-140.7K0.4673.8167315,9799,204
2020-06-09$114.90$114.008.6%2.4%3.2%15.8%9.1%2.0%-0.2%1.3M-13.0M-131.0K1.5187.5949746,0259,222
2020-06-10$114.92$114.008.5%2.4%3.2%15.4%8.4%2.2%-0.3%1.2M-13.5M-126.9K0.5889.7869406,0449,197
2020-06-11$115.04$114.009.8%2.8%3.2%18.6%10.4%2.9%-0.4%972.6K-12.7M-141.6K1.2991.361531986,0549,214
2020-06-12$114.91$114.008.6%2.5%3.2%15.7%9.8%2.8%0.0%1.2M-11.7M-136.9K4.6688.14592756,0389,301
2020-06-15$115.09$114.008.6%2.5%3.2%15.8%9.2%1.9%-0.2%2.3M-14.2M-126.2K1.1182.8271795,9739,648
2020-06-16$114.90$114.008.3%2.4%3.3%15.1%8.2%0.9%0.5%1.8M-14.4M-114.6K0.49101.61111545,9539,614
2020-06-17$115.03$114.008.2%2.4%3.1%14.9%8.5%1.3%0.1%2.2M-16.7M-110.8K0.6097.3255335,9749,623
2020-06-18$115.14$114.007.7%2.2%3.1%13.7%7.5%1.2%0.1%1.1M-20.6M-99.4K0.06101.01289185,9539,640
2020-06-19$115.12$114.007.8%2.2%3.1%14.0%7.8%1.1%0.5%652.4K-15.6M-106.6K1.71100.581502575,6019,656
2020-06-22$115.36$115.007.6%2.2%2.9%13.5%7.7%1.2%0.8%-3.0M-5.6M-101.3K1.4273.5326373,9978,803
2020-06-23$115.37$115.006.8%1.9%2.9%11.6%6.8%1.1%0.5%-2.5M-5.2M-84.2K0.4988.292,2141,0884,0188,828
2020-06-24$115.21$115.006.5%1.9%2.9%11.1%6.5%0.7%0.8%-4.8M-7.2M-79.9K0.26103.0988234,1248,892
2020-06-25$115.38$115.005.9%1.7%2.9%9.7%6.7%0.8%1.0%-2.2M-7.4M-85.1K4.13103.188334,1968,915
2020-06-26$115.43$115.005.9%1.7%2.3%9.6%6.4%1.6%0.8%-1.6M-7.7M-75.5K5.86102.5714824,1978,929
2020-06-29$115.44$115.005.6%1.6%2.1%9.0%5.7%1.1%0.7%-2.9M1.9M-75.2K84.00114.441843,6918,937
2020-06-30$115.41$115.004.1%1.2%2.1%5.6%5.2%1.3%3.0%-1.8M-1.5M-66.3K0.0086.710443,6988,916