MUB Options History — May 2024

In May 2024, MUB traded between $105.38 and $107.16. ATM implied volatility averaged 4.1%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 1.2%. IV traded above realized volatility by 1.0% (HV 20d: 3.0%). Max pain ranged from $107.00 to $108.00. Net GEX was positive for 2 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 336.30.

Notable Days

  • 2024-05-17: Highest Volume — 10,021 contracts
  • 2024-05-13: Largest IV spike — 27.9% change
  • 2024-05-01: Highest IV Rank — 31.4%
  • 2024-05-01: Largest Expected Move — 1.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$106.44$105.38$107.16$106.22$105.75
Max Pain$107.50$107.00$108.00$107.00$107.00
ATM IV4.1%3.4%5.1%5.1%4.2%
Expected Move1.2%1.1%1.5%1.5%1.2%
HV 20d3.0%2.5%3.5%3.5%3.4%
HV 60d3.1%3.1%3.2%3.2%3.2%
IV Rank12.2%0.4%31.4%31.4%15.3%
IV Percentile7.9%0.4%29.8%29.8%11.9%
Term Structure0.1%-1.2%0.8%-0.3%-0.1%
VWIV4.2%3.4%5.0%5.0%4.3%
Skew 25d0.3%-0.5%1.0%0.5%1.0%
Skew 10d2.3%-0.9%17.1%0.5%1.7%
Call IV 25d4.0%3.2%5.0%5.0%3.7%
Put IV 25d4.3%3.6%5.4%5.4%4.6%
Bid-Ask Spread %10.174.9616.6015.634.96
Gamma HHI0.340.250.520.330.38
Net GEX-20.9M-49.7M37.8M-20.4M-49.7M
Net DEX56.0M-1.4M118.8M69.2M103.5M
Net VEX-202.2K-353.1K-86.3K-178.5K-317.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio336.300.005028.00150.630.00
Total Volume2,154.909110,0213,0003
Total OI26,820.8649,93830,06025,39630,060

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$106.22$107.005.1%1.5%3.5%31.4%5.0%0.5%-0.3%-20.4M69.2M-178.5K0.0015.6303,0007,88917,507
2024-05-02$106.35$107.004.1%1.2%3.5%13.4%3.4%-0.5%0.3%-22.7M67.0M-152.6K150.637.03406,0257,88617,507
2024-05-03$106.69$107.003.7%1.1%3.5%6.4%3.6%0.8%0.5%-11.3M42.1M-162.2K0.168.3075127,92318,652
2024-05-06$106.78$108.003.8%1.2%3.5%7.7%4.9%0.6%-0.3%-6.3M37.4M-140.3K0.0012.333,01167,98117,149
2024-05-07$107.09$108.003.4%1.2%3.5%0.4%4.2%0.2%0.4%-15.4M24.8M-90.9K1.0013.132,5292,5325,23917,155
2024-05-08$107.03$108.004.1%1.2%2.7%12.7%0.0%-0.2%0.4%-18.9M30.3M-149.6K0.0016.60107,75519,669
2024-05-09$107.06$108.003.5%1.2%2.7%3.0%0.0%0.2%0.4%-18.7M29.9M-143.7K0.0012.250317,75919,651
2024-05-10$106.78$108.003.9%1.2%2.6%10.2%5.0%0.3%0.4%-24.1M46.1M-146.0K346.5011.7182,7727,75919,641
2024-05-13$106.82$108.005.0%1.3%2.5%29.8%0.0%0.2%0.3%-20.6M42.6M-115.9K90.6310.4287257,74018,096
2024-05-14$106.88$108.004.7%1.2%2.5%22.8%0.0%0.3%0.8%-17.7M38.9M-105.4K0.009.645,02007,74818,075
2024-05-15$107.16$108.004.0%1.2%2.6%11.5%4.0%0.4%0.5%21.6M-1.4M-110.4K70.5813.68332,32910,74218,070
2024-05-16$107.00$108.003.9%1.1%2.6%8.8%4.3%0.4%0.2%37.8M14.9M-99.8K0.0311.043,0007710,71918,086
2024-05-17$106.63$108.004.0%1.2%2.9%11.6%4.1%0.1%0.0%-454.6K62.6M-86.3K3.0011.502,5077,51410,46618,122
2024-05-20$106.47$108.004.0%1.2%3.0%12.2%4.4%-0.0%-1.2%-13.2M20.3M-120.7K5028.006.9515,0282,1687,770
2024-05-21$106.50$107.003.9%1.1%3.0%9.1%3.6%0.8%-0.6%-25.2M38.4M-353.1K0.139.023249,16819,802
2024-05-22$106.22$107.003.8%1.1%3.1%6.8%0.0%0.2%0.1%-36.3M58.1M-352.9K0.007.68099,19419,806
2024-05-23$105.87$107.003.8%1.1%3.1%7.3%4.0%0.4%-0.1%-37.3M83.5M-350.7K0.006.250219,19419,815
2024-05-24$105.78$107.003.7%1.1%3.1%5.6%3.9%0.2%0.2%-47.2M93.6M-322.1K1.406.90579,19419,817
2024-05-28$105.78$107.003.8%1.1%3.0%6.8%3.8%0.1%0.2%-47.5M95.6M-309.8K0.0011.2301,0019,19919,820
2024-05-29$105.38$107.004.6%1.3%3.3%21.4%4.6%0.0%-0.2%-41.1M118.8M-322.5K25.009.071259,19920,821
2024-05-30$105.52$107.004.2%1.2%3.3%14.8%4.3%0.9%-0.0%-45.4M115.6M-317.0K0.008.371609,20020,846
2024-05-31$105.75$107.004.2%1.2%3.4%15.3%4.3%1.0%-0.1%-49.7M103.5M-317.4K0.004.96309,21420,846