MUB Options History — December 2020

In December 2020, MUB traded between $116.51 and $117.19. ATM implied volatility averaged 3.7%, placing in the 4.7% IV rank vs the trailing year. The 30-day expected move averaged 1.1%. IV traded above realized volatility by 2.0% (HV 20d: 1.7%). Max pain ranged from $117.00 to $117.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 12.54.

Notable Days

  • 2020-12-02: Highest Volume — 256 contracts
  • 2020-12-04: Largest IV spike — 18.4% change
  • 2020-12-08: Highest IV Rank — 5.9%
  • 2020-12-23: Largest Expected Move — 1.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$116.98$116.51$117.19$116.56$117.19
Max Pain$117.00$117.00$117.00$117.00$117.00
ATM IV3.7%2.9%4.2%3.3%3.7%
Expected Move1.1%0.8%1.2%0.9%1.1%
HV 20d1.7%1.1%2.6%2.6%1.1%
HV 60d2.0%1.9%2.1%2.0%1.9%
IV Rank4.7%2.8%5.9%3.7%4.7%
IV Percentile29.9%14.3%41.3%21.8%28.6%
Term Structure0.1%-0.2%1.8%1.8%0.3%
VWIV4.3%2.9%8.8%4.5%4.8%
Skew 25d1.5%0.6%3.2%1.7%2.2%
Skew 10d3.0%-0.2%8.7%-0.2%5.4%
Call IV 25d3.1%2.2%4.1%2.3%2.4%
Put IV 25d4.6%4.0%5.6%4.0%4.6%
Bid-Ask Spread %91.2931.55108.8892.9350.42
Gamma HHI0.270.220.340.220.23
Net GEX-1.8M-3.7M-817.6K-1.8M-1.5M
Net DEX3.3M2.2M4.3M4.1M3.2M
Net VEX-21.3K-29.6K-15.9K-20.6K-26.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio12.540.0051.0012.330.00
Total Volume77.63602568028
Total OI3,108.4552,7243,5122,9533,027

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-12-01$116.56$117.003.3%0.9%2.6%3.7%4.5%1.7%1.8%-1.8M4.1M-20.6K12.3392.936745382,415
2020-12-02$116.51$117.002.9%0.8%2.6%2.8%4.0%2.5%1.5%-1.9M4.2M-19.8K0.00106.7502565382,457
2020-12-03$116.72$117.003.0%1.0%1.8%3.2%3.6%0.9%0.1%-1.8M3.4M-18.8K41.3395.7631245382,504
2020-12-04$116.69$117.003.6%1.1%1.8%4.4%8.8%1.0%-0.2%-2.3M3.7M-19.6K4.1799.796255382,517
2020-12-07$116.83$117.003.7%1.1%1.8%4.7%4.2%0.9%-0.1%-2.1M3.4M-17.8K3.00102.0815454932,574
2020-12-08$116.97$117.004.2%1.1%1.8%5.9%4.0%1.8%-0.0%-2.0M3.3M-19.0K0.67105.001285072,612
2020-12-09$116.98$117.003.9%1.1%1.8%5.1%0.0%0.9%-0.1%-2.2M3.5M-20.6K51.0097.841515182,619
2020-12-10$117.04$117.004.0%1.1%1.8%5.3%3.9%1.3%-0.2%-1.8M2.9M-18.7K3.5690.3316575172,660
2020-12-11$117.10$117.003.8%1.1%1.7%4.8%0.0%0.8%0.1%-1.5M2.2M-15.9K0.00107.190575322,706
2020-12-14$117.06$117.003.8%1.1%1.7%4.8%4.3%0.9%0.1%-1.9M2.8M-17.8K15.36108.88142155322,750
2020-12-15$117.08$117.003.8%1.1%1.7%4.9%0.0%1.0%0.1%-1.9M3.1M-18.8K5.82103.0311645412,845
2020-12-16$117.12$117.003.8%1.1%1.6%4.9%0.0%0.7%-0.1%-2.2M2.8M-18.0K0.00104.6401165522,869
2020-12-17$116.99$117.003.7%1.1%1.6%4.7%2.9%0.6%-0.2%-2.8M4.0M-23.4K22.00101.141225522,932
2020-12-18$116.99$117.004.0%1.1%1.5%5.3%0.0%1.5%0.1%-3.7M4.2M-22.9K0.00102.840575632,949
2020-12-21$117.02$117.004.0%1.1%1.4%5.2%4.1%1.4%-0.0%-1.0M3.2M-21.8K0.00104.650845302,194
2020-12-22$117.10$117.003.7%1.1%1.4%4.6%3.7%2.4%0.1%-893.4K3.3M-23.8K0.3692.8433125802,265
2020-12-23$117.01$117.004.0%1.2%1.4%5.4%4.0%3.2%0.1%-817.6K4.3M-29.6K13.81104.80162216102,275
2020-12-24$117.18$117.003.9%1.1%1.5%5.0%3.9%2.2%-0.1%-1.4M3.0M-25.6K2.1431.557156252,360
2020-12-28$117.16$117.003.6%1.0%1.5%4.3%3.1%2.2%0.1%-1.3M2.6M-21.7K0.0042.530326322,374
2020-12-29$117.15$117.003.4%1.0%1.4%4.0%0.0%2.0%0.0%-1.4M2.9M-23.5K0.0092.69006322,391
2020-12-30$117.15$117.003.6%1.0%1.2%4.5%0.0%1.9%-0.1%-1.0M3.1M-24.0K0.0070.72406322,391
2020-12-31$117.19$117.003.7%1.1%1.1%4.7%4.8%2.2%0.3%-1.5M3.2M-26.2K0.0050.420286362,391