MUB Options History — December 2021

In December 2021, MUB traded between $116.19 and $116.56. ATM implied volatility averaged 3.8%, placing in the 40.1% IV rank vs the trailing year. The 30-day expected move averaged 0.9%. IV traded above realized volatility by 2.0% (HV 20d: 1.8%). Max pain ranged from $115.00 to $116.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 1.67.

Notable Days

  • 2021-12-01: Highest Volume — 1,798 contracts
  • 2021-12-13: Largest IV spike — 82.3% change
  • 2021-12-13: Highest IV Rank — 100.0%
  • 2021-12-02: Largest Expected Move — 1.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$116.38$116.19$116.56$116.40$116.28
Max Pain$115.64$115.00$116.00$116.00$116.00
ATM IV3.8%2.3%7.9%4.5%2.8%
Expected Move0.9%0.7%1.4%1.3%0.8%
HV 20d1.8%1.3%2.1%2.1%1.3%
HV 60d1.9%1.9%2.0%2.0%1.9%
IV Rank40.1%7.1%100.0%61.5%15.5%
IV Percentile52.0%2.4%100.0%90.9%19.4%
Term Structure0.0%-1.0%1.0%-0.6%0.1%
VWIV3.7%2.8%5.7%5.2%2.9%
Skew 25d1.7%0.6%7.1%2.7%7.1%
Skew 10d4.6%0.9%15.0%3.6%15.0%
Call IV 25d2.7%1.4%4.1%2.7%2.7%
Put IV 25d4.4%3.4%9.8%5.4%9.8%
Bid-Ask Spread %80.4344.23112.96107.47109.06
Gamma HHI0.290.220.560.240.56
Net GEX-1.0M-2.1M-488.0K-1.0M-2.1M
Net DEX826.7K327.4K1.8M473.6K1.8M
Net VEX-10.7K-12.8K-8.2K-9.4K-12.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.670.432.702.170.58
Total Volume1,327.1826671,7981,798760
Total OI1,670.5451,0262,2071,9751,283

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-12-01$116.40$116.004.5%1.3%2.1%61.5%5.2%2.7%-0.6%-1.0M473.6K-9.4K2.17107.475681,2304361,539
2021-12-02$116.27$116.004.9%1.4%2.1%71.9%5.5%3.4%-1.0%-909.5K780.1K-10.4K2.17104.365681,2304361,541
2021-12-03$116.43$116.004.9%1.4%2.1%71.4%5.7%1.7%-1.0%-756.5K327.4K-8.9K2.17106.105681,2304361,541
2021-12-06$116.29$116.004.9%1.1%2.0%72.1%4.0%1.0%-0.1%-988.4K743.2K-8.6K2.30100.735291,2154361,541
2021-12-07$116.29$116.004.6%1.0%2.0%64.9%3.6%1.0%-0.2%-1.1M500.2K-8.2K2.35104.555291,2454441,582
2021-12-08$116.19$116.004.5%1.0%1.9%60.8%3.6%0.9%-0.0%-1.6M947.3K-9.2K2.35105.695291,2454451,622
2021-12-09$116.22$116.004.5%1.0%1.8%61.3%3.3%0.9%0.1%-1.4M1.0M-9.1K2.53104.734881,2344451,622
2021-12-10$116.38$115.003.4%1.0%1.9%36.5%3.2%1.1%0.0%-1.1M666.6K-10.5K2.63106.464751,2484601,626
2021-12-13$116.56$115.006.3%0.7%1.9%100.0%3.3%1.2%-0.0%-1.2M698.8K-11.4K2.6370.274751,2484781,696
2021-12-14$116.50$115.007.9%0.9%1.9%100.0%3.7%1.2%0.2%-1.3M668.1K-11.0K2.6350.674751,2494811,696
2021-12-15$116.49$115.002.4%0.7%1.8%8.0%3.8%1.3%1.0%-1.5M793.9K-10.8K2.70111.304701,2674811,698
2021-12-16$116.38$115.003.3%0.9%1.9%23.0%3.6%1.0%-0.2%-1.5M823.7K-11.1K2.6850.424651,2484711,717
2021-12-17$116.43$115.003.2%0.9%1.8%21.4%3.6%1.9%-0.1%-1.3M1.0M-12.1K2.68112.964651,2484701,737
2021-12-20$116.36$115.003.2%0.9%1.8%21.7%3.6%1.8%-0.1%-720.2K708.8K-10.8K0.4961.14458223464562
2021-12-21$116.34$115.002.8%0.8%1.7%14.6%3.3%1.2%0.0%-718.0K902.2K-11.3K0.5050.58465232464562
2021-12-22$116.49$116.002.5%0.7%1.8%9.6%2.9%0.6%1.0%-629.4K755.5K-11.5K0.4559.70461206473564
2021-12-23$116.43$116.002.5%0.7%1.8%9.8%2.8%1.9%0.8%-488.0K938.4K-12.5K0.4353.86475206474564
2021-12-27$116.42$116.002.3%0.7%1.6%7.1%2.8%1.2%1.0%-658.9K785.7K-11.3K0.4558.39471212488564
2021-12-28$116.43$116.003.1%0.9%1.6%19.5%3.5%2.2%-0.4%-690.0K839.4K-11.3K0.4644.23476218493566
2021-12-29$116.33$116.003.2%0.9%1.5%20.8%3.7%1.6%-0.5%-544.2K1.1M-11.6K0.4651.78472219500574
2021-12-30$116.37$116.002.5%0.7%1.4%10.1%3.1%1.3%0.6%-626.2K967.7K-11.0K0.9145.11472431503577
2021-12-31$116.28$116.002.8%0.8%1.3%15.5%2.9%7.1%0.1%-2.1M1.8M-12.8K0.58109.06482278503780