MUB Options History — April 2024

In April 2024, MUB traded between $106.13 and $107.06. ATM implied volatility averaged 5.0%, placing in the 28.9% IV rank vs the trailing year. The 30-day expected move averaged 1.4%. IV traded above realized volatility by 1.5% (HV 20d: 3.5%). Max pain ranged from $107.00 to $108.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 140.75.

Notable Days

  • 2024-04-11: Highest Volume — 12,513 contracts
  • 2024-04-02: Largest IV spike — 12.8% change
  • 2024-04-16: Highest IV Rank — 44.3%
  • 2024-04-16: Largest Expected Move — 1.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$106.49$106.13$107.06$107.06$106.31
Max Pain$107.68$107.00$108.00$108.00$107.00
ATM IV5.0%4.1%5.9%4.1%5.1%
Expected Move1.4%1.2%1.7%1.2%1.5%
HV 20d3.5%2.7%4.0%2.9%3.5%
HV 60d3.7%3.3%3.9%3.6%3.3%
IV Rank28.9%12.5%44.3%12.5%30.3%
IV Percentile26.7%5.2%63.5%5.2%27.0%
Term Structure0.2%-0.3%1.1%0.5%-0.0%
VWIV5.0%4.0%6.0%4.0%5.0%
Skew 25d0.6%-0.2%1.6%0.1%0.7%
Skew 10d1.2%-1.0%3.9%-0.2%-0.5%
Call IV 25d5.0%4.2%5.7%4.3%5.5%
Put IV 25d5.6%4.4%6.7%4.4%6.2%
Bid-Ask Spread %11.306.8123.5610.877.53
Gamma HHI0.510.330.710.470.38
Net GEX-39.8M-59.2M-17.6M-47.6M-28.3M
Net DEX108.1M55.4M169.9M106.3M74.7M
Net VEX-233.3K-444.8K-120.8K-444.8K-166.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio140.750.002000.0017.001.71
Total Volume2,467.273312,513619
Total OI33,952.27324,55550,47250,44625,391

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$107.06$108.004.1%1.2%2.9%12.5%4.0%0.1%0.5%-47.6M106.3M-444.8K0.0010.870620,06730,379
2024-04-02$106.78$108.004.6%1.3%3.0%21.7%0.0%-0.2%0.2%-50.6M134.3M-432.7K17.0011.8911720,06730,384
2024-04-03$106.68$108.004.4%1.2%2.7%17.6%4.5%0.5%0.2%-57.3M151.6M-400.4K1.006.875,0015,01120,07130,401
2024-04-04$106.81$108.004.9%1.4%2.8%26.4%5.1%0.2%0.3%-40.1M115.1M-376.7K2.007.341218,09128,427
2024-04-05$106.47$108.005.0%1.4%2.8%29.8%4.8%0.3%0.2%-58.5M159.2M-316.9K1.008.713,0233,03518,09128,428
2024-04-08$106.64$108.004.5%1.3%2.9%20.5%4.8%0.7%0.4%-56.4M130.1M-271.1K54.5012.20210915,10325,632
2024-04-09$106.88$108.004.7%1.3%3.1%24.2%0.0%0.4%0.7%-55.9M108.2M-284.4K0.118.8918215,10325,741
2024-04-10$106.22$108.004.9%1.4%3.7%27.2%4.9%0.7%0.3%-59.2M169.9M-208.6K2.1713.871,5013,25715,11925,743
2024-04-11$106.22$108.004.8%1.4%3.7%26.2%5.5%1.6%1.1%-57.1M167.2M-187.1K1.2717.035,5017,01214,91324,916
2024-04-12$106.57$108.004.9%1.4%3.9%27.1%0.0%0.7%0.4%-44.7M93.9M-162.3K2.868.9514409,41418,074
2024-04-15$106.38$108.005.5%1.6%3.9%37.7%6.0%0.3%-0.0%-43.4M107.7M-127.5K1.0314.051,5101,5499,42818,074
2024-04-16$106.22$108.005.9%1.7%3.9%44.3%5.7%0.9%-0.3%-29.7M100.0M-120.8K92.3215.74222,0317,93816,617
2024-04-17$106.38$108.005.7%1.6%3.9%40.9%5.5%0.7%-0.1%-27.1M110.0M-148.3K0.006.810177,93818,639
2024-04-18$106.41$108.005.7%1.6%3.9%42.3%5.3%0.8%-0.2%-26.3M109.0M-143.9K0.007.120147,93818,598
2024-04-19$106.50$108.005.7%1.6%4.0%41.0%5.5%0.7%-0.3%-17.6M108.6M-138.0K1.4113.605,0067,0517,93818,568
2024-04-22$106.59$107.005.1%1.4%3.9%30.1%4.3%0.4%-0.1%-20.9M55.4M-223.4K5.009.915257,88617,884
2024-04-23$106.52$107.004.8%1.4%3.8%24.6%0.0%1.0%0.4%-27.1M64.0M-216.2K0.009.36507,88617,909
2024-04-24$106.47$107.004.8%1.4%3.8%25.0%4.8%1.5%0.4%-30.7M68.4M-202.2K6.2917.017447,88217,909
2024-04-25$106.13$107.005.2%1.5%3.9%32.4%4.6%0.4%-0.2%-30.9M85.7M-191.7K343.7523.5641,3757,88917,933
2024-04-26$106.18$107.004.7%1.3%3.9%22.8%4.7%0.5%0.4%-38.9M88.9M-194.3K2000.009.3112,0007,88919,300
2024-04-29$106.37$107.005.1%1.5%3.6%31.7%0.0%0.8%-0.1%-27.7M70.2M-174.1K0.008.020427,89017,462
2024-04-30$106.31$107.005.1%1.5%3.5%30.3%5.0%0.7%-0.0%-28.3M74.7M-166.0K1.717.537127,88917,502