MUB Options History — November 2022

In November 2022, MUB traded between $101.73 and $106.38. ATM implied volatility averaged 6.9%, placing in the 18.1% IV rank vs the trailing year. The 30-day expected move averaged 2.0%. IV traded above realized volatility by 1.0% (HV 20d: 5.9%). Max pain ranged from $102.00 to $105.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 2.11.

Notable Days

  • 2022-11-10: Highest Volume — 2,108 contracts
  • 2022-11-25: Largest IV spike — 24.8% change
  • 2022-11-02: Highest IV Rank — 21.5%
  • 2022-11-03: Largest Expected Move — 2.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$103.90$101.73$106.38$101.77$106.38
Max Pain$104.71$102.00$105.00$102.00$105.00
ATM IV6.9%5.5%7.8%7.7%7.6%
Expected Move2.0%1.6%2.3%2.2%2.2%
HV 20d5.9%3.9%7.5%3.9%6.4%
HV 60d12.1%9.6%13.5%13.5%9.6%
IV Rank18.1%12.9%21.5%21.2%20.9%
IV Percentile52.1%21.4%71.4%70.2%68.3%
Term Structure-0.0%-1.0%0.8%0.5%-0.4%
VWIV7.0%5.4%8.5%7.9%7.3%
Skew 25d1.0%-0.6%1.9%1.3%1.5%
Skew 10d6.5%-1.7%48.3%4.2%48.3%
Call IV 25d6.7%5.7%7.6%7.2%7.2%
Put IV 25d7.7%6.5%9.3%8.5%8.7%
Bid-Ask Spread %99.4560.30117.03101.44117.03
Gamma HHI0.350.110.600.500.17
Net GEX3.4M169.1K10.4M5.6M452.0K
Net DEX-4.3M-19.4M2.5M2.4M-3.2M
Net VEX-24.0K-39.1K-15.1K-38.5K-15.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.110.003.122.420.21
Total Volume1,269.1932,1081,58917
Total OI4,608.1431,4586,5696,4671,518

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-11-01$101.77$102.007.7%2.2%3.9%21.2%7.9%1.3%0.5%5.6M2.4M-38.5K2.42101.444641,1253,6962,771
2022-11-02$101.94$102.007.8%2.2%4.0%21.5%8.4%1.8%0.7%5.9M508.3K-39.1K2.67101.474501,2013,7232,781
2022-11-03$101.73$105.007.2%2.3%4.1%19.4%7.2%1.8%-0.3%5.9M2.5M-38.1K3.0789.874621,4193,7292,813
2022-11-04$101.83$105.006.8%2.2%4.0%17.7%6.9%1.4%0.2%7.0M2.1M-35.8K3.1088.904571,4193,7322,812
2022-11-07$101.79$105.007.3%2.2%4.0%19.8%6.0%1.2%-0.1%7.1M2.0M-33.0K3.1288.794551,4193,7432,812
2022-11-08$102.12$105.007.7%2.2%4.1%21.4%5.5%1.6%-0.3%7.9M-914.8K-32.0K3.0290.384701,4213,7532,812
2022-11-09$102.22$105.007.6%2.2%4.1%20.7%8.5%1.5%-0.4%10.4M-3.8M-30.3K3.01100.894691,4103,7552,814
2022-11-10$103.72$105.007.1%2.0%6.7%19.2%5.8%1.9%-1.0%3.5M-19.4M-21.0K2.30102.466381,4703,7612,796
2022-11-11$103.88$105.006.7%1.9%6.7%17.6%5.4%1.1%-0.7%4.1M-16.7M-23.5K2.57101.815731,4703,6212,792
2022-11-14$103.32$105.007.1%2.0%7.0%18.9%6.0%0.7%0.3%5.7M-14.4M-21.1K2.58101.065721,4763,7512,792
2022-11-15$104.05$105.006.6%1.9%7.4%17.1%6.6%0.9%-0.3%3.0M-18.6M-18.8K1.85103.196271,1623,7522,798
2022-11-16$104.72$105.007.0%2.0%7.5%18.6%7.3%0.4%-0.2%1.1M-6.4M-17.7K2.85101.914041,1532,2902,795
2022-11-17$104.81$105.006.5%1.9%7.2%16.7%7.3%1.2%0.1%411.2K-3.0M-18.8K2.64105.594361,1521,9542,797
2022-11-18$104.88$105.005.8%1.7%6.9%14.2%7.2%0.4%0.8%169.1K-2.8M-17.7K2.89107.704101,1831,9832,800
2022-11-21$105.01$105.006.6%1.9%6.5%17.3%7.5%1.8%0.3%238.8K-836.8K-17.6K1.66101.26160266708757
2022-11-22$105.27$105.006.0%1.7%6.5%15.0%7.1%0.7%0.6%407.8K-1.4M-17.2K1.9160.30139266718749
2022-11-23$105.62$105.005.5%1.6%6.5%12.9%7.5%0.6%0.1%409.2K-2.0M-17.4K1.90105.11126240709749
2022-11-25$105.51$105.006.8%2.0%6.6%18.0%0.0%0.3%0.8%404.9K-1.8M-18.8K0.00109.5330732742
2022-11-28$105.55$105.006.3%1.8%6.6%15.9%7.0%0.4%-0.9%522.7K-2.1M-16.4K0.18103.05173731742
2022-11-29$105.87$105.006.3%1.8%6.3%16.2%7.3%-0.6%-0.8%548.7K-2.9M-15.1K0.32106.623712743745
2022-11-30$106.38$105.007.6%2.2%6.4%20.9%0.0%1.5%-0.4%452.0K-3.2M-15.4K0.21117.03143771747