MUB Options History — October 2023

In October 2023, MUB traded between $100.91 and $102.88. ATM implied volatility averaged 6.3%, placing in the 37.4% IV rank vs the trailing year. The 30-day expected move averaged 1.8%. IV traded above realized volatility by 0.9% (HV 20d: 5.4%). Max pain ranged from $101.00 to $104.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 20.91.

Notable Days

  • 2023-10-02: Highest Volume — 15,345 contracts
  • 2023-10-11: Largest IV drop — 16.7% change
  • 2023-10-25: Highest IV Rank — 44.7%
  • 2023-10-03: Largest Expected Move — 2.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$101.68$100.91$102.88$101.97$101.09
Max Pain$102.00$101.00$104.00$104.00$102.00
ATM IV6.3%5.5%6.9%6.5%6.3%
Expected Move1.8%1.6%2.0%1.9%1.8%
HV 20d5.4%4.0%6.2%4.0%5.4%
HV 60d4.4%4.0%4.6%4.0%4.4%
IV Rank37.4%25.8%44.7%40.1%37.5%
IV Percentile59.0%36.5%75.8%60.3%60.3%
Term Structure-0.3%-3.7%0.2%-0.4%0.0%
VWIV6.6%5.3%9.9%7.1%6.6%
Skew 25d1.1%0.3%1.8%1.3%1.1%
Skew 10d3.4%0.9%11.9%5.1%11.9%
Call IV 25d6.0%5.2%6.8%6.1%5.9%
Put IV 25d7.0%6.4%8.0%7.4%7.0%
Bid-Ask Spread %66.1027.42104.7786.3641.76
Gamma HHI0.430.300.970.570.40
Net GEX2.2M-18.7M20.1M1.2M185.0K
Net DEX-4.9M-40.9M14.5M2.5M2.8M
Net VEX-43.5K-125.8K-7.3K-12.1K-7.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio20.910.00146.501.880.00
Total Volume1,392.136015,34515,34512
Total OI12,123.5451,36922,3353,2421,403

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$101.97$104.006.5%1.9%4.0%40.1%7.1%1.3%-0.4%1.2M2.5M-12.1K1.8886.365,32510,0202,563679
2023-10-03$101.53$101.006.9%2.0%4.1%44.6%7.3%1.1%-0.5%-7.4M12.0M-125.8K86.0095.801867,87810,690
2023-10-04$101.84$101.006.5%1.9%4.4%39.9%7.6%1.0%-0.2%-3.2M-754.9K-115.2K146.5083.7822937,87910,733
2023-10-05$101.91$102.006.5%1.7%4.4%39.2%0.0%1.4%-0.4%-1.9M-3.9M-106.6K92.6727.42272,5027,88110,877
2023-10-06$101.57$102.005.8%1.7%4.4%30.5%5.9%1.2%-0.4%1.8M409.3K-92.2K0.3145.1461197,9168,379
2023-10-09$102.09$102.006.5%1.7%5.0%39.9%9.9%1.4%-0.3%8.9M-19.3M-70.0K3.6733.173117,9768,379
2023-10-10$102.18$102.006.6%1.7%5.0%40.9%6.0%1.2%-0.2%9.6M-19.9M-69.0K1.6191.8018297,9778,379
2023-10-11$102.88$102.005.5%1.6%5.8%25.8%5.8%1.1%-0.1%15.7M-40.9M-44.2K0.2584.32827,9908,390
2023-10-12$102.44$102.006.1%1.8%5.9%34.1%6.1%1.1%-0.4%13.1M-29.0M-52.4K1.0193.783,0023,0207,9418,391
2023-10-13$102.65$102.005.7%1.6%6.0%28.4%7.4%1.1%0.0%20.1M-38.7M-67.7K20.0096.9212010,93911,396
2023-10-16$102.22$102.006.2%1.8%6.0%34.7%5.3%0.8%-0.2%15.1M-18.9M-52.8K0.0038.360110,93911,396
2023-10-17$101.70$102.006.0%1.7%6.2%32.8%6.2%0.7%-0.1%182.3K12.3M-47.0K1.0067.873,0003,01010,93911,396
2023-10-18$101.52$102.006.2%1.8%6.1%35.0%6.6%1.1%-3.7%10.7M-442.3K-23.8K0.0096.140167,9418,406
2023-10-19$101.06$102.006.6%1.9%6.0%41.6%6.7%1.1%-0.2%-18.7M14.5M-14.9K0.00104.770137,9418,422
2023-10-20$101.30$102.006.5%1.9%6.1%39.9%6.5%1.1%0.2%-17.8M4.7M-8.7K0.3841.751667,9418,428
2023-10-23$101.34$102.006.6%1.9%5.7%40.8%6.1%0.9%-0.1%57.1K2.4M-8.2K0.0741.92715664705
2023-10-24$101.35$102.006.3%1.8%5.7%36.7%5.5%1.0%0.2%133.5K2.5M-7.9K0.1845.32112665710
2023-10-25$100.98$102.006.9%2.0%5.8%44.7%0.0%1.8%0.0%77.2K2.8M-7.8K0.0077.7010675711
2023-10-26$101.25$102.006.4%1.8%5.9%37.8%0.0%0.9%0.1%138.9K2.5M-7.7K0.0086.2100676721
2023-10-27$101.20$102.006.3%1.8%5.8%36.4%6.6%0.9%0.1%117.8K2.6M-7.9K0.0028.0908679721
2023-10-30$100.91$102.006.7%1.9%5.6%42.0%0.0%0.3%0.0%152.2K3.0M-7.6K0.0045.8450679727
2023-10-31$101.09$102.006.3%1.8%5.4%37.5%0.0%1.1%0.0%185.0K2.8M-7.3K0.0041.76120676727