MUB Options History — September 2022

In September 2022, MUB traded between $102.33 and $105.56. ATM implied volatility averaged 8.4%, placing in the 23.9% IV rank vs the trailing year. The 30-day expected move averaged 2.3%. IV traded below realized volatility by 10.0% (HV 20d: 18.4%). Max pain ranged from $104.00 to $107.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 7.61.

Notable Days

  • 2022-09-15: Highest Volume — 6,060 contracts
  • 2022-09-15: Largest IV spike — 43.4% change
  • 2022-09-27: Highest IV Rank — 29.5%
  • 2022-09-27: Largest Expected Move — 2.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$104.14$102.33$105.56$105.15$102.56
Max Pain$104.95$104.00$107.00$107.00$104.00
ATM IV8.4%6.5%9.9%7.6%9.5%
Expected Move2.3%1.9%2.8%2.2%2.7%
HV 20d18.4%14.4%19.5%18.5%14.4%
HV 60d12.5%11.1%13.6%11.4%13.5%
IV Rank23.9%16.7%29.5%20.9%27.9%
IV Percentile86.1%63.1%96.8%83.3%94.0%
Term Structure-0.1%-4.5%0.7%-0.2%0.0%
VWIV8.2%6.5%11.6%6.5%7.7%
Skew 25d1.6%0.4%2.8%1.8%2.1%
Skew 10d3.7%0.4%5.6%4.1%4.6%
Call IV 25d7.4%5.6%9.9%6.5%9.3%
Put IV 25d9.0%7.6%11.6%8.3%11.4%
Bid-Ask Spread %90.7833.46108.7195.1585.42
Gamma HHI0.330.260.420.350.27
Net GEX-10.4M-22.9M-3.2M-11.9M-7.3M
Net DEX34.5M17.1M58.6M38.4M37.0M
Net VEX-54.3K-69.7K-25.9K-57.0K-62.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.610.0033.910.003.87
Total Volume933.85736,06091,290
Total OI9,523.5248,45615,4159,2539,757

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-09-01$105.15$107.007.6%2.2%18.5%20.9%6.5%1.8%-0.2%-11.9M38.4M-57.0K0.0095.15902,4176,836
2022-09-02$105.56$106.006.5%1.9%18.5%16.7%0.0%2.8%0.7%-10.8M31.0M-62.5K0.00101.32032,4276,836
2022-09-06$105.08$105.009.0%2.3%18.5%26.0%8.5%1.7%-0.0%-11.0M37.6M-50.9K11.7489.81779042,4276,839
2022-09-07$105.26$105.009.0%2.3%18.5%26.1%8.3%1.5%-0.2%-12.1M36.1M-48.4K10.3986.68879042,4386,849
2022-09-08$105.08$105.008.0%2.2%18.5%22.4%6.8%1.4%0.1%-13.9M40.4M-42.7K0.0492.532612,4526,849
2022-09-09$105.33$105.008.1%2.2%18.5%22.8%6.7%1.5%-0.1%-15.9M37.1M-39.8K5.0091.962102,4786,857
2022-09-12$105.45$105.009.7%2.2%18.5%28.7%7.0%1.7%-0.3%-17.5M34.7M-35.3K12.50102.982252,4806,867
2022-09-13$105.11$106.009.8%2.2%18.5%29.1%8.1%1.6%0.0%-17.8M41.9M-28.9K8.8194.181028992,4826,861
2022-09-14$105.40$105.006.8%2.0%18.5%18.0%6.6%1.1%0.2%-12.7M33.1M-27.8K0.6894.3631212,4886,869
2022-09-15$102.33$106.009.8%2.8%18.9%29.2%7.3%0.4%-4.5%-3.2M41.8M-25.9K2.0297.382,0094,0512,4916,882
2022-09-16$104.72$106.007.1%2.0%19.3%18.9%8.4%1.2%0.3%-22.9M58.6M-63.0K15.2895.971902,9034,49710,918
2022-09-19$104.49$105.007.8%2.2%19.3%21.5%7.6%1.7%0.1%-5.5M17.1M-62.0K1.2994.391021322,3286,128
2022-09-20$103.95$104.007.4%2.1%19.3%20.1%7.2%1.2%0.0%-6.4M21.5M-67.4K0.6393.3576482,4196,256
2022-09-21$104.08$104.007.1%2.0%19.4%19.0%6.5%2.1%0.0%-6.6M21.2M-65.9K10.25108.714412,4886,246
2022-09-22$103.63$105.007.2%2.1%19.4%19.3%8.4%1.1%0.2%-7.1M24.7M-64.7K33.9191.54113732,4916,272
2022-09-23$103.33$105.008.6%2.5%19.4%24.7%9.9%1.2%0.3%-7.1M29.0M-69.4K4.0933.46321312,5006,628
2022-09-26$102.58$104.009.0%2.6%19.5%26.3%9.5%1.6%0.1%-6.8M35.2M-68.6K10.5490.65971,0222,5076,757
2022-09-27$102.60$104.009.9%2.8%19.5%29.5%11.2%1.7%-0.1%-6.8M36.4M-64.1K12.8189.23881,1272,5216,819
2022-09-28$102.67$104.009.2%2.6%16.8%26.9%9.6%2.1%0.4%-7.5M36.1M-63.7K4.5786.932671,2212,5256,956
2022-09-29$102.53$104.009.6%2.8%14.4%28.5%11.6%2.5%0.1%-7.0M35.6M-69.7K3.7990.332701,0232,7117,145
2022-09-30$102.56$104.009.5%2.7%14.4%27.9%7.7%2.1%0.0%-7.3M37.0M-62.9K3.8785.422651,0252,6087,149