MUB Options History — August 2021

In August 2021, MUB traded between $117.09 and $117.62. ATM implied volatility averaged 3.2%, placing in the 22.4% IV rank vs the trailing year. The 30-day expected move averaged 0.9%. IV traded above realized volatility by 1.8% (HV 20d: 1.3%). Max pain ranged from $117.00 to $119.00. Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 8.45.

Notable Days

  • 2021-08-02: Highest Volume — 397 contracts
  • 2021-08-06: Largest IV spike — 29.3% change
  • 2021-08-09: Highest IV Rank — 36.8%
  • 2021-08-09: Largest Expected Move — 1.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$117.29$117.09$117.62$117.52$117.17
Max Pain$118.82$117.00$119.00$117.00$119.00
ATM IV3.2%2.5%4.0%2.5%2.7%
Expected Move0.9%0.7%1.0%0.7%0.8%
HV 20d1.3%0.9%1.8%1.8%0.9%
HV 60d1.6%1.6%1.8%1.8%1.6%
IV Rank22.4%9.9%36.8%9.9%14.1%
IV Percentile27.9%4.8%64.3%4.8%8.3%
Term Structure0.2%-0.1%0.4%0.4%0.0%
VWIV3.4%2.7%4.7%3.9%2.7%
Skew 25d1.6%0.4%3.5%0.5%2.4%
Skew 10d3.7%0.7%16.8%0.7%1.6%
Call IV 25d2.6%2.0%3.3%2.5%2.2%
Put IV 25d4.2%3.0%5.6%3.0%4.6%
Bid-Ask Spread %29.686.6898.1398.1323.06
Gamma HHI0.360.250.450.320.26
Net GEX-474.5K-2.2M1.7M-1.4M1.7M
Net DEX3.8M2.5M5.9M4.8M5.9M
Net VEX-24.6K-32.5K-18.0K-19.7K-32.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.450.00107.000.440.83
Total Volume105.955039739711
Total OI4,886.9553,3965,8074,9813,804

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-08-02$117.52$117.002.5%0.7%1.8%9.9%3.9%0.5%0.4%-1.4M4.8M-19.7K0.4498.132751221,2413,740
2021-08-03$117.62$118.003.1%0.9%1.8%20.9%4.0%0.4%0.1%-1.2M4.6M-22.7K0.7188.9458411,1043,770
2021-08-04$117.62$118.002.8%0.8%1.7%15.9%3.6%0.8%0.1%-1.0M3.7M-30.1K1.1537.531241431,3853,806
2021-08-05$117.60$119.003.0%1.0%1.6%18.9%3.7%1.3%0.4%-839.3K3.1M-31.0K1.8589.1513241,4153,837
2021-08-06$117.42$119.003.8%1.0%1.7%34.6%3.5%1.0%0.2%-339.2K3.0M-28.7K2.2123.25972141,5563,848
2021-08-09$117.42$119.004.0%1.0%1.7%36.8%3.6%1.0%0.2%289.6K2.6M-25.2K8.0021.584321,5703,870
2021-08-10$117.34$119.003.8%1.0%1.6%34.3%3.5%0.8%0.4%312.1K2.5M-25.6K2.0018.09121,6603,898
2021-08-11$117.26$119.003.4%1.0%1.6%26.5%0.0%0.7%0.2%-148.5K3.9M-29.7K2.3610.91471111,6573,902
2021-08-12$117.17$119.003.5%1.0%1.6%28.3%4.7%2.1%0.2%324.2K3.9M-25.8K5.5016.064221,6583,904
2021-08-13$117.19$119.003.2%0.9%1.6%23.6%3.2%0.5%0.4%-880.2K4.0M-26.6K0.0018.3027711,6523,923
2021-08-16$117.19$119.003.3%0.9%1.3%24.3%0.0%1.7%0.1%-931.1K3.9M-22.4K2.7521.9212331,6593,945
2021-08-17$117.22$119.002.9%0.8%1.3%17.1%2.8%1.7%0.3%-2.2M3.8M-21.2K3.0021.435151,8223,947
2021-08-18$117.20$119.003.0%0.9%1.2%19.7%3.0%2.7%0.4%-1.5M4.2M-23.3K2.2630.7038861,8223,961
2021-08-19$117.19$119.003.3%1.0%1.2%25.3%3.2%1.3%-0.1%-1.2M3.7M-19.9K0.0138.5920331,8273,980
2021-08-20$117.15$119.003.1%0.9%1.1%21.7%0.0%1.7%0.1%-2.0M4.3M-24.0K17.5011.462351,8313,919
2021-08-23$117.24$119.003.0%0.9%0.9%19.7%3.5%3.5%0.2%317.3K2.5M-21.1K0.8320.70651,6321,764
2021-08-24$117.17$119.003.2%0.9%0.9%22.8%3.7%1.8%0.0%-35.9K2.8M-18.0K15.0017.312301,6321,776
2021-08-25$117.09$119.003.2%0.9%0.9%23.3%3.1%1.6%0.0%-66.6K3.4M-20.5K107.0011.4611071,6381,976
2021-08-26$117.12$119.003.1%0.9%0.9%20.7%3.0%2.5%0.2%-272.3K3.4M-21.4K0.0610.3510961,6402,000
2021-08-27$117.22$119.002.7%0.8%0.9%14.8%0.0%2.5%0.3%-41.3K4.1M-26.0K0.006.68001,6412,101
2021-08-30$117.17$119.003.0%0.8%1.0%18.8%3.0%3.1%-0.0%665.7K4.4M-26.9K4.0017.38281,6932,107
2021-08-31$117.17$119.002.7%0.8%0.9%14.1%2.7%2.4%0.0%1.7M5.9M-32.5K0.8323.06651,6932,111