TIME Options History — March 2023

In March 2023, TIME traded between $17.92 and $19.44. ATM implied volatility averaged 171.5%, placing in the 58.2% IV rank vs the trailing year. The 30-day expected move averaged 35.1%. IV traded above realized volatility by 153.9% (HV 20d: 17.6%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 0 of 23 days.

Notable Days

  • 2023-03-15: Largest IV drop — 71.5% change
  • 2023-03-07: Highest IV Rank — 100.0%
  • 2023-03-02: Largest Expected Move — 49.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.65$17.92$19.44$18.27$19.44
ATM IV171.5%107.6%387.9%168.6%138.3%
Expected Move35.1%27.5%49.9%48.3%39.7%
HV 20d17.6%13.8%20.2%17.6%19.8%
HV 60d19.1%17.8%20.2%20.2%18.1%
IV Rank58.2%26.3%100.0%82.0%34.4%
IV Percentile91.9%82.1%100.0%98.0%88.5%
Term Structure-37.8%-84.1%-21.3%-72.5%-45.9%
Skew 25d7.5%5.7%9.0%8.6%8.3%
Skew 10d65.8%50.3%80.2%75.9%74.0%
Call IV 25d169.6%133.3%242.4%231.5%189.6%
Put IV 25d177.1%139.0%251.4%240.2%197.9%
Bid-Ask Spread %157.72156.20158.22156.20158.12
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$18.27$0.00168.6%48.3%17.6%82.0%0.0%8.6%-72.5%0000.00156.20N/AN/A0000
2023-03-02$18.30$0.00174.0%49.9%16.0%84.7%0.0%8.9%-76.7%0000.00156.20N/AN/A0000
2023-03-03$18.65$0.00173.4%49.7%14.8%84.4%0.0%9.0%-84.1%0000.00156.26N/AN/A0000
2023-03-06$18.61$0.00195.8%27.5%14.2%95.8%0.0%5.7%-21.3%0000.00157.86N/AN/A0000
2023-03-07$18.53$0.00205.8%27.8%14.3%100.0%0.0%5.8%-22.1%0000.00158.22N/AN/A0000
2023-03-08$18.57$0.00216.7%28.1%13.8%100.0%0.0%6.2%-22.6%0000.00158.09N/AN/A0000
2023-03-09$18.24$0.00238.8%29.5%15.0%100.0%0.0%6.5%-22.5%0000.00157.76N/AN/A0000
2023-03-10$17.92$0.00257.9%30.2%16.0%100.0%0.0%7.0%-24.1%0000.00157.69N/AN/A0000
2023-03-13$17.97$0.00339.5%31.3%16.0%100.0%0.0%7.1%-26.1%0000.00157.72N/AN/A0000
2023-03-14$18.29$0.00387.9%31.3%17.3%100.0%0.0%7.3%-25.8%0000.00157.90N/AN/A0000
2023-03-15$18.32$0.00110.7%31.7%16.9%27.1%0.0%7.5%-26.5%0000.00157.99N/AN/A0000
2023-03-16$18.82$0.00107.6%30.9%19.4%26.3%0.0%6.2%-27.6%0000.00157.77N/AN/A0000
2023-03-17$18.64$0.00109.6%31.4%19.3%26.9%0.0%7.6%-29.1%0000.00157.89N/AN/A0000
2023-03-20$18.69$0.00114.5%32.8%18.9%28.1%0.0%7.6%-32.1%0000.00158.05N/AN/A0000
2023-03-21$19.10$0.00115.1%33.0%19.5%28.3%0.0%7.2%-31.6%0000.00157.83N/AN/A0000
2023-03-22$19.00$0.00117.4%33.6%19.7%28.9%0.0%7.4%-33.2%0000.00157.85N/AN/A0000
2023-03-23$18.96$0.00119.5%34.3%19.6%29.5%0.0%8.0%-34.6%0000.00158.11N/AN/A0000
2023-03-24$18.90$0.00121.8%34.9%18.9%30.0%0.0%7.6%-36.3%0000.00158.02N/AN/A0000
2023-03-27$18.93$0.00128.7%36.9%18.8%31.9%0.0%8.0%-40.9%0000.00157.83N/AN/A0000
2023-03-28$18.69$0.00132.1%37.9%19.4%32.8%0.0%8.4%-44.0%0000.00158.02N/AN/A0000
2023-03-29$19.00$0.00134.0%38.4%20.1%33.3%0.0%8.1%-44.3%0000.00157.98N/AN/A0000
2023-03-30$19.15$0.00136.3%39.1%20.2%33.9%0.0%8.1%-45.5%0000.00158.11N/AN/A0000
2023-03-31$19.44$0.00138.3%39.7%19.8%34.4%0.0%8.3%-45.9%0000.00158.12N/AN/A0000