MUB Options History — November 2021

In November 2021, MUB traded between $115.69 and $116.62. ATM implied volatility averaged 3.6%, placing in the 39.7% IV rank vs the trailing year. The 30-day expected move averaged 1.0%. IV traded above realized volatility by 1.4% (HV 20d: 2.2%). Max pain ranged from $114.00 to $120.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 2.17.

Notable Days

  • 2021-11-16: Highest Volume — 3,795 contracts
  • 2021-11-30: Largest IV drop — 34.0% change
  • 2021-11-11: Highest IV Rank — 50.6%
  • 2021-11-11: Largest Expected Move — 1.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$116.12$115.69$116.62$115.69$116.62
Max Pain$115.86$114.00$120.00$120.00$116.00
ATM IV3.6%2.6%4.0%3.5%2.6%
Expected Move1.0%0.8%1.2%1.0%0.8%
HV 20d2.2%1.9%2.4%2.1%1.9%
HV 60d1.8%1.6%2.0%1.6%2.0%
IV Rank39.7%16.8%50.6%38.9%16.8%
IV Percentile61.3%7.1%84.1%59.9%7.1%
Term Structure-0.2%-0.6%1.1%-0.1%0.3%
VWIV4.0%3.1%5.2%4.7%4.2%
Skew 25d2.0%0.4%3.8%1.8%1.4%
Skew 10d4.9%1.2%12.7%3.4%2.6%
Call IV 25d2.9%1.9%4.0%3.2%2.8%
Put IV 25d4.9%3.9%6.1%5.0%4.1%
Bid-Ask Spread %95.8244.92115.7596.09115.75
Gamma HHI0.350.210.690.290.23
Net GEX-2.1M-4.1M74.6K-3.2M-169.4K
Net DEX7.6M-3.1M16.0M16.0M-3.0M
Net VEX-16.9K-26.6K-7.2K-20.6K-14.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.171.033.861.652.25
Total Volume3,107.5241,5993,7953,7911,846
Total OI5,219.6192,2106,4596,0932,375

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-11-01$115.69$120.003.5%1.0%2.1%38.9%4.7%1.8%-0.1%-3.2M16.0M-20.6K1.6596.091,4282,3632,0534,040
2021-11-02$115.77$120.003.5%1.0%2.1%39.2%4.7%1.6%-0.0%-2.9M14.2M-26.6K1.6644.921,4232,3602,2514,053
2021-11-03$115.83$120.003.7%1.1%2.1%42.3%4.1%0.8%-0.2%-2.4M13.3M-21.9K1.80106.411,3082,3592,2524,061
2021-11-04$116.02$114.003.5%1.0%2.2%39.2%3.4%1.5%-0.1%-2.6M11.9M-18.8K1.7349.471,3842,3932,2544,069
2021-11-05$116.26$114.003.5%1.0%2.3%38.9%3.1%2.3%-0.2%-1.9M10.5M-21.8K1.7298.611,3752,3632,2804,115
2021-11-08$116.13$114.003.8%1.1%2.3%45.9%3.2%2.0%-0.3%-2.3M10.9M-17.9K1.7299.111,3752,3642,2854,138
2021-11-09$116.37$114.004.0%1.0%2.3%50.0%3.2%3.8%-0.3%-2.5M10.1M-21.0K1.72103.661,3752,3642,2854,150
2021-11-10$116.27$114.003.9%1.1%2.3%46.5%3.8%0.9%-0.4%-1.8M9.7M-16.8K1.72105.431,3752,3642,2854,150
2021-11-11$116.18$114.004.0%1.2%2.3%50.6%3.9%0.7%-0.4%-2.2M10.3M-16.8K1.7252.601,3752,3652,2854,150
2021-11-12$116.13$116.003.8%1.1%2.3%46.3%3.9%0.4%-0.4%-2.7M11.1M-19.1K1.72103.801,3752,3682,2854,151
2021-11-15$116.03$116.004.0%1.1%2.4%49.3%3.7%1.7%-0.4%-2.6M11.4M-17.1K1.7271.621,3732,3682,2854,155
2021-11-16$115.87$116.003.6%1.0%2.4%39.9%3.5%0.8%-0.1%-3.2M12.7M-17.1K1.76105.351,3732,4222,3044,155
2021-11-17$115.92$116.003.0%0.9%2.4%27.0%3.4%1.9%0.2%-3.7M11.7M-12.5K1.72112.511,3742,3612,3044,134
2021-11-18$116.08$114.003.2%0.9%2.0%30.3%3.7%2.6%-0.3%-4.1M10.5M-11.2K1.74108.841,3692,3842,3044,132
2021-11-19$116.23$115.003.3%1.0%2.0%34.1%3.7%3.4%-0.4%-3.9M9.2M-16.9K1.03109.221,3761,4202,3054,129
2021-11-22$116.12$116.003.5%1.0%2.0%38.8%4.3%2.2%-0.3%-627.9K-3.1M-7.2K3.86102.683311,2787681,442
2021-11-23$116.10$116.003.6%1.0%2.0%40.1%4.4%2.9%-0.2%-74.5K-2.7M-8.6K3.83101.883311,2687691,502
2021-11-24$116.17$116.003.5%1.0%1.9%38.7%4.4%3.3%-0.2%74.6K-2.2M-12.0K3.85106.963311,2767691,522
2021-11-26$116.41$116.003.3%0.9%2.0%32.2%5.1%3.8%1.1%-172.9K-1.7M-17.7K3.30113.083851,2717681,533
2021-11-29$116.40$116.004.0%1.1%2.0%49.3%5.2%3.0%-0.6%-365.3K-1.2M-19.4K3.23104.123941,2718221,543
2021-11-30$116.62$116.002.6%0.8%1.9%16.8%4.2%1.4%0.3%-169.4K-3.0M-14.6K2.25115.755681,2788321,543