MUB Options History — July 2021

In July 2021, MUB traded between $117.06 and $117.99. ATM implied volatility averaged 3.2%, placing in the 20.4% IV rank vs the trailing year. The 30-day expected move averaged 0.9%. IV traded above realized volatility by 1.4% (HV 20d: 1.8%). Max pain ranged from $116.00 to $117.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 8.85.

Notable Days

  • 2021-07-19: Highest Volume — 1,098 contracts
  • 2021-07-13: Largest IV spike — 27.5% change
  • 2021-07-13: Highest IV Rank — 27.5%
  • 2021-07-20: Largest Expected Move — 1.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$117.63$117.06$117.99$117.06$117.53
Max Pain$116.86$116.00$117.00$117.00$117.00
ATM IV3.2%2.8%3.7%3.3%2.9%
Expected Move0.9%0.8%1.1%0.9%0.8%
HV 20d1.8%1.6%1.9%1.9%1.8%
HV 60d1.8%1.7%1.8%1.8%1.8%
IV Rank20.4%13.4%27.5%21.2%17.7%
IV Percentile26.4%9.9%46.4%27.4%12.7%
Term Structure0.2%-0.4%1.0%-0.4%1.0%
VWIV3.7%2.4%5.0%3.1%2.6%
Skew 25d1.5%0.1%12.7%0.2%1.8%
Skew 10d2.8%-0.5%23.2%-0.5%8.3%
Call IV 25d3.0%2.1%3.9%3.9%2.1%
Put IV 25d4.5%3.1%14.9%4.1%3.9%
Bid-Ask Spread %25.867.6495.0216.1114.35
Gamma HHI0.300.220.410.240.35
Net GEX-188.6K-2.6M3.3M-2.6M-1.0M
Net DEX1.4M-3.9M5.7M1.6M5.2M
Net VEX-29.5K-39.6K-19.7K-31.1K-25.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.850.0036.673.400.33
Total Volume129.33371,0988121
Total OI4,492.7143,8765,0314,0934,960

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-07-01$117.06$117.003.3%0.9%1.9%21.2%0.0%0.2%-0.4%-2.6M1.6M-31.1K0.0016.11081,0383,055
2021-07-02$117.19$117.003.1%0.9%1.8%18.6%3.1%12.7%-0.3%-1.8M2.2M-38.0K3.4093.0310341,0383,063
2021-07-06$117.35$116.003.2%0.8%1.9%19.7%4.8%1.4%0.3%-1.0M1.6M-37.7K0.0022.330121,0333,077
2021-07-07$117.49$116.003.6%1.0%1.9%26.0%3.4%1.4%0.2%-1.3M751.8K-39.3K0.179.57611,0333,079
2021-07-08$117.69$116.003.4%0.9%1.8%22.3%5.0%0.8%0.4%-540.9K-3.3M-24.2K0.1020.06506501,0313,079
2021-07-09$117.59$117.002.8%0.9%1.8%13.4%3.3%1.8%0.5%-483.8K305.7K-39.6K0.0014.405001,0373,124
2021-07-12$117.63$117.002.9%0.9%1.8%15.2%3.4%0.4%0.6%959.0K-1.1M-34.2K0.5011.521261,0853,124
2021-07-13$117.49$117.003.7%1.0%1.9%27.5%4.0%2.0%0.4%-23.5K-1.6M-25.3K26.009.301261,0823,129
2021-07-14$117.62$117.002.9%0.8%1.9%14.7%3.2%0.1%0.8%2.9M-2.7M-25.7K0.0015.650491,0833,155
2021-07-15$117.69$117.003.0%0.9%1.6%16.8%3.5%0.3%0.4%1.8M-2.8M-26.1K4.8039.475241,0633,197
2021-07-16$117.74$117.002.9%0.8%1.6%15.3%3.4%0.5%0.3%3.3M-3.9M-19.7K0.3610.94149541,0633,201
2021-07-19$117.99$117.003.6%1.0%1.7%26.5%3.1%0.6%-0.2%-423.9K-1.0M-22.8K0.917.645745247533,123
2021-07-20$117.85$117.003.7%1.1%1.8%26.8%3.9%0.8%0.1%-242.4K877.7K-20.4K22.0010.391221,2133,627
2021-07-21$117.74$117.003.5%1.0%1.8%24.7%3.6%0.8%0.1%-1.5M3.6M-30.9K0.238.433581,2133,648
2021-07-22$117.81$117.002.9%0.8%1.6%14.6%4.2%1.3%0.1%380.6K5.0M-31.4K36.6790.4831101,2483,650
2021-07-23$117.66$117.003.3%1.0%1.7%21.7%3.3%0.2%-0.1%-1.1M5.6M-35.1K0.718.6114101,2503,760
2021-07-26$117.87$117.003.1%0.9%1.8%18.9%4.0%2.1%-0.1%267.9K5.0M-32.1K31.009.691311,2503,760
2021-07-27$117.80$117.003.2%0.9%1.8%20.2%4.7%1.7%-0.2%152.1K5.7M-31.0K8.1310.58161301,2613,770
2021-07-28$117.69$117.003.2%0.9%1.8%19.9%4.5%0.3%-0.2%-835.8K4.3M-25.7K23.3395.023701,2623,740
2021-07-29$117.67$117.003.4%1.0%1.8%27.4%2.4%0.3%-0.4%-738.2K3.5M-23.8K0.6025.5925151,2703,720
2021-07-30$117.53$117.002.9%0.8%1.8%17.7%2.6%1.8%1.0%-1.0M5.2M-25.3K0.3314.3591301,2353,725