MUB Options History — November 2024

In November 2024, MUB traded between $105.98 and $108.54. ATM implied volatility averaged 6.3%, placing in the 40.2% IV rank vs the trailing year. The 30-day expected move averaged 1.6%. IV traded above realized volatility by 0.3% (HV 20d: 6.0%). Max pain ranged from $107.00 to $108.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 46.06.

Notable Days

  • 2024-11-07: Highest Volume — 15,110 contracts
  • 2024-11-06: Largest IV drop — 42.0% change
  • 2024-11-01: Highest IV Rank — 100.0%
  • 2024-11-01: Largest Expected Move — 2.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$107.39$105.98$108.54$106.75$108.54
Max Pain$107.20$107.00$108.00$107.00$107.00
ATM IV6.3%4.4%11.4%9.0%5.5%
Expected Move1.6%1.3%2.6%2.6%1.6%
HV 20d6.0%3.5%6.8%3.5%6.3%
HV 60d4.0%2.8%4.3%2.8%4.3%
IV Rank40.2%14.6%100.0%100.0%28.0%
IV Percentile79.9%38.1%100.0%100.0%82.9%
Term Structure-0.4%-2.4%1.9%-2.4%0.3%
VWIV5.7%3.3%9.1%9.1%5.1%
Skew 25d0.1%-2.8%2.4%1.1%-1.1%
Skew 10d0.1%-2.6%3.7%0.3%-1.4%
Call IV 25d5.7%3.3%8.5%8.5%5.3%
Put IV 25d5.8%3.6%9.6%9.6%4.2%
Bid-Ask Spread %19.946.9990.156.9913.58
Gamma HHI0.540.270.800.740.33
Net GEX-31.1M-132.3M38.0M-53.3M37.3M
Net DEX28.0M-104.6M234.7M144.9M-102.6M
Net VEX-378.6K-511.1K-284.0K-388.3K-403.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio46.060.00836.1717.930.38
Total Volume2,462.151115,11081429
Total OI44,372.435,73561,16235,73544,432

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-11-01$106.75$107.009.0%2.6%3.5%100.0%9.1%1.1%-2.4%-53.3M144.9M-388.3K17.936.99437717,15928,576
2024-11-04$107.12$108.0010.4%2.0%3.8%100.0%0.0%0.5%-1.1%-53.4M124.3M-380.8K1.0518.691,0471,0987,16329,340
2024-11-05$107.28$108.0011.4%2.0%3.8%100.0%6.9%0.5%-1.0%-49.4M114.0M-412.1K3.2513.174138,20230,397
2024-11-06$105.98$108.006.6%1.7%5.7%41.6%6.1%0.3%-0.6%-65.4M234.7M-284.0K5.4514.963852,0988,20430,402
2024-11-07$106.53$108.005.4%1.5%6.1%27.1%5.6%0.2%-0.4%-103.3M203.4M-310.1K1.0126.427,5057,6058,12531,779
2024-11-08$107.38$107.005.4%1.6%6.8%26.6%5.5%0.3%-0.4%-99.7M50.0M-432.2K0.0211.205,05110415,62639,383
2024-11-11$107.34$107.006.5%1.6%6.7%41.0%0.0%-1.7%-0.5%-109.8M62.9M-511.1K0.4932.66412020,66640,482
2024-11-12$107.06$107.008.0%1.6%6.6%59.2%5.6%2.4%-0.4%-118.8M96.0M-438.9K836.1718.131210,03420,66740,495
2024-11-13$107.05$107.005.4%1.5%6.6%26.6%5.5%0.7%-0.5%-93.7M56.4M-370.9K5.1716.90126220,67631,455
2024-11-14$107.12$107.005.3%1.5%6.6%25.4%8.1%-2.8%-0.3%-132.3M36.3M-364.0K0.5715.2914820,64131,013
2024-11-15$107.43$107.005.2%1.5%6.7%24.8%5.4%0.3%-0.4%-4.1M-9.9M-412.4K1.3616.14223020,64130,969
2024-11-18$107.47$107.005.4%1.5%6.6%27.1%5.4%0.4%-0.6%24.8M-33.2M-337.0K4.2015.4552119,99117,513
2024-11-19$107.60$107.005.7%1.6%6.6%30.7%5.6%-0.0%-0.6%24.3M-39.9M-330.3K1.3811.7581119,99617,528
2024-11-20$107.56$107.004.4%1.3%6.1%14.6%3.3%1.4%1.9%14.6M-18.7M-384.0K0.2616.20571519,99817,539
2024-11-21$107.53$107.005.6%1.6%6.1%29.2%5.5%-0.0%-0.1%25.9M-34.2M-325.9K0.0022.2211020,03517,554
2024-11-22$107.60$107.005.3%1.5%6.1%25.8%5.3%-0.5%-0.1%25.7M-43.2M-316.5K1.0212.992,5002,54220,04317,554
2024-11-25$108.07$107.005.3%1.5%6.3%25.3%5.2%0.1%-0.0%34.2M-85.8M-364.7K1.0990.152,5472,78422,42019,579
2024-11-26$108.07$107.005.2%1.5%6.2%25.1%5.5%0.0%-0.1%35.3M-90.1M-411.7K37.607.87672,51924,86921,956
2024-11-27$108.27$107.005.3%1.5%6.2%26.0%4.7%0.4%-0.1%38.0M-104.6M-392.4K2.8918.093811024,90119,479
2024-11-29$108.54$107.005.5%1.6%6.3%28.0%5.1%-1.1%0.3%37.3M-102.6M-403.8K0.3813.5821824,93019,502