MUB Options History — September 2021

In September 2021, MUB traded between $116.12 and $117.02. ATM implied volatility averaged 2.9%, placing in the 20.8% IV rank vs the trailing year. The 30-day expected move averaged 0.8%. IV traded above realized volatility by 1.4% (HV 20d: 1.4%). Max pain ranged from $117.00 to $119.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 5.55.

Notable Days

  • 2021-09-17: Highest Volume — 2,038 contracts
  • 2021-09-28: Largest IV spike — 39.1% change
  • 2021-09-30: Highest IV Rank — 38.2%
  • 2021-09-30: Largest Expected Move — 1.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$116.77$116.12$117.02$116.97$116.17
Max Pain$117.10$117.00$119.00$119.00$117.00
ATM IV2.9%2.3%3.5%2.9%3.5%
Expected Move0.8%0.7%1.0%0.8%1.0%
HV 20d1.4%0.9%1.8%1.0%1.7%
HV 60d1.5%1.5%1.6%1.6%1.5%
IV Rank20.8%7.0%38.2%18.4%38.2%
IV Percentile19.5%2.4%56.7%17.5%56.7%
Term Structure0.1%-0.4%0.9%0.1%-0.3%
VWIV3.4%2.7%4.8%3.7%3.5%
Skew 25d1.3%0.6%2.3%1.0%1.4%
Skew 10d6.1%1.9%12.4%11.2%2.4%
Call IV 25d2.5%2.1%3.2%2.7%3.2%
Put IV 25d3.8%3.1%5.2%3.7%4.7%
Bid-Ask Spread %35.8713.1997.2816.0647.93
Gamma HHI0.380.280.570.290.51
Net GEX-1.6M-4.6M228.6K-689.0K-4.1M
Net DEX7.9M-1.2M16.5M4.3M15.3M
Net VEX-21.2K-29.4K-15.3K-24.7K-21.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.550.0070.008.202.23
Total Volume130.14312,038467
Total OI4,253.2382,7545,1063,8085,106

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-09-01$116.97$119.002.9%0.8%1.0%18.4%3.7%1.0%0.1%-689.0K4.3M-24.7K8.2016.065411,6952,113
2021-09-02$116.97$117.002.9%0.9%1.0%18.2%0.0%1.3%0.0%-550.8K4.2M-24.5K1.1187.149101,6932,118
2021-09-03$116.88$117.002.5%0.8%0.9%10.6%0.0%1.0%0.3%-1.5M5.1M-24.5K0.1730.761831,6962,138
2021-09-07$116.65$117.002.3%0.8%1.1%7.0%3.2%0.8%0.3%-1.9M6.7M-28.2K0.1428.15711,6962,147
2021-09-08$116.90$117.002.7%0.8%1.4%14.7%2.7%1.2%0.1%-665.3K4.4M-19.4K0.2524.29411,7122,150
2021-09-09$116.97$117.002.5%0.7%1.4%10.9%3.5%1.2%0.2%228.6K4.1M-17.3K70.0031.9221401,7172,152
2021-09-10$116.91$117.002.8%0.8%1.4%15.0%2.7%1.0%0.3%-1.1M4.3M-19.1K0.0028.35401,7212,162
2021-09-13$116.92$117.002.9%0.8%1.4%19.1%3.1%1.0%0.1%-157.7K4.4M-17.3K4.6022.055231,7152,280
2021-09-14$116.94$117.002.8%0.8%1.4%19.5%2.7%1.1%0.2%-255.4K3.9M-16.6K1.2913.3131401,7172,282
2021-09-15$116.92$117.002.8%0.8%1.4%20.6%3.6%1.0%0.1%-446.2K3.9M-15.9K1.8026.15591,7182,305
2021-09-16$116.85$117.002.8%0.8%1.4%20.8%4.8%0.9%0.3%-344.1K5.2M-17.8K1.8427.1325461,6912,305
2021-09-17$116.87$117.002.7%0.8%1.4%18.1%3.4%1.1%0.3%57.6K5.0M-15.9K1.0417.621,0001,0381,6912,314
2021-09-20$117.02$117.002.9%0.8%1.5%23.8%2.9%1.9%-0.1%-1.8M-1.2M-15.3K0.4720.2276361,0111,743
2021-09-21$117.01$117.002.8%0.8%1.5%21.4%3.3%2.3%-0.1%-974.0K12.8M-23.9K0.6013.19532,0132,772
2021-09-22$116.99$117.002.7%0.8%1.5%18.8%2.7%2.2%-0.1%-701.9K12.2M-22.5K0.5097.28422,0852,793
2021-09-23$116.73$117.002.9%0.8%1.6%24.0%0.0%0.7%-0.2%-3.3M11.3M-18.7K0.0029.23012,0852,795
2021-09-24$116.63$117.003.2%0.9%1.6%30.3%4.7%0.6%-0.4%-3.2M11.9M-19.4K0.0796.031512,0862,797
2021-09-27$116.51$117.002.5%0.7%1.6%13.5%0.0%1.7%0.9%-4.6M14.9M-29.4K0.0023.490152,0862,948
2021-09-28$116.24$117.003.5%1.0%1.8%36.8%3.0%2.1%-0.2%-4.1M16.5M-28.6K2.2330.7422492,0862,949
2021-09-29$116.12$117.003.5%1.0%1.8%37.7%3.5%1.6%-0.4%-4.1M16.5M-25.4K0.0042.190302,0862,949
2021-09-30$116.17$117.003.5%1.0%1.7%38.2%3.5%1.4%-0.3%-4.1M15.3M-21.2K0.0047.93072,1082,998