MUB Options History — December 2024

In December 2024, MUB traded between $105.77 and $108.55. ATM implied volatility averaged 5.2%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 1.5%. IV traded above realized volatility by 1.0% (HV 20d: 4.3%). Max pain ranged from $107.00 to $108.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 16.87.

Notable Days

  • 2024-12-17: Highest Volume — 16,145 contracts
  • 2024-12-11: Largest IV spike — 36.8% change
  • 2024-12-11: Highest IV Rank — 37.9%
  • 2024-12-11: Largest Expected Move — 1.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$107.25$105.77$108.55$108.35$106.60
Max Pain$107.52$107.00$108.00$107.00$107.00
ATM IV5.2%3.9%6.3%5.8%5.9%
Expected Move1.5%1.3%1.8%1.7%1.7%
HV 20d4.3%2.6%6.2%6.2%4.7%
HV 60d4.6%4.3%5.0%4.4%5.0%
IV Rank24.7%9.0%37.9%31.9%32.8%
IV Percentile69.5%15.1%94.8%88.9%93.7%
Term Structure-0.1%-0.7%0.5%-0.7%-0.5%
VWIV5.6%2.9%14.3%14.3%6.1%
Skew 25d-0.1%-5.2%1.6%0.0%0.6%
Skew 10d-0.4%-1.7%1.6%-0.6%0.8%
Call IV 25d5.3%2.8%10.5%5.5%6.0%
Put IV 25d5.3%3.6%6.5%5.5%6.5%
Bid-Ask Spread %18.137.5554.6910.2316.64
Gamma HHI0.480.280.690.400.66
Net GEX3.8M-47.2M55.8M40.0M-41.4M
Net DEX7.4M-151.8M191.2M-126.1M95.3M
Net VEX-241.6K-359.6K-172.6K-359.6K-176.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio16.870.0071.430.200.79
Total Volume1,519.476116,1456113
Total OI41,207.57124,94657,11144,40825,059

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$108.35$107.005.8%1.7%6.2%31.9%14.3%0.0%-0.7%40.0M-126.1M-359.6K0.2010.235124,89219,516
2024-12-03$108.32$107.005.0%1.4%6.1%22.3%4.9%-0.7%-0.4%44.7M-123.9M-348.6K71.437.55282,00024,89319,438
2024-12-04$108.50$107.004.7%1.3%6.1%18.4%4.9%1.6%0.1%42.6M-138.5M-330.6K36.0013.6913624,92121,428
2024-12-05$108.41$108.004.5%1.6%3.9%15.6%0.0%-5.2%0.2%44.0M-132.1M-323.8K0.0054.6902324,92121,449
2024-12-06$108.55$108.003.9%1.3%3.6%9.0%2.9%0.1%0.1%55.8M-151.8M-253.0K2.4613.71133224,92121,470
2024-12-09$108.40$108.005.1%1.4%2.6%23.7%0.0%0.0%0.1%46.0M-123.7M-284.9K0.0018.405,000124,93221,456
2024-12-10$108.23$108.004.6%1.3%2.7%17.2%4.4%0.5%0.5%43.1M-106.1M-276.1K0.0022.860124,54521,456
2024-12-11$107.90$108.006.3%1.8%2.8%37.9%4.9%-0.7%-0.3%32.3M-88.2M-219.1K3.2919.9072324,54521,456
2024-12-12$107.53$108.004.8%1.4%3.1%20.1%4.6%-0.6%-0.0%23.7M-35.0M-259.1K0.0013.7405,02724,54521,465
2024-12-13$107.22$108.004.9%1.4%3.3%20.5%5.4%-0.3%0.2%15.9M10.2M-241.3K0.3710.10351324,54221,463
2024-12-16$107.50$108.004.9%1.4%3.3%21.0%5.0%-0.0%0.0%17.7M-10.1M-226.0K1.088.441,0591,14724,53421,461
2024-12-17$107.18$108.005.3%1.5%3.4%25.8%5.3%0.3%-0.4%16.7M27.2M-186.7K0.0015.56016,14525,49422,477
2024-12-18$106.37$108.005.4%1.5%4.3%26.7%5.3%0.1%-0.7%-30.5M187.5M-243.0K7.8621.191411025,49231,619
2024-12-19$105.77$108.005.4%1.6%4.6%27.3%5.5%0.4%0.2%-42.8M191.2M-207.5K65.0029.62213025,50528,995
2024-12-20$106.22$107.005.5%1.6%5.0%28.8%5.8%0.4%-0.6%-26.2M130.1M-217.5K22.6220.572658825,51225,959
2024-12-23$106.13$107.005.5%1.6%5.0%28.0%4.9%0.8%-0.2%-36.8M113.5M-194.6K0.5819.111277,36817,578
2024-12-24$106.13$107.005.3%1.5%4.6%25.8%4.7%0.4%-0.1%-40.4M114.0M-184.1K21.0016.862427,38017,584
2024-12-26$106.19$107.005.7%1.6%4.6%30.9%5.8%0.2%-0.2%-39.6M109.6M-186.5K0.9016.8840367,38317,605
2024-12-27$106.13$107.005.7%1.6%4.5%30.6%5.6%0.4%-0.5%-38.2M112.5M-181.3K42.0014.191427,42317,634
2024-12-30$106.56$107.005.2%1.5%4.7%25.0%5.5%0.3%0.4%-47.2M100.7M-172.6K11.2516.81121357,42317,620
2024-12-31$106.60$107.005.9%1.7%4.7%32.8%6.1%0.6%-0.5%-41.4M95.3M-176.9K0.7916.6463507,42817,631