TIME Options History — July 2023

In July 2023, TIME traded between $22.50 and $23.82. ATM implied volatility averaged 45.6%, placing in the 3.0% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded above realized volatility by 31.6% (HV 20d: 14.0%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2023-07-19: Largest IV spike — 163.6% change
  • 2023-07-19: Highest IV Rank — 14.9%
  • 2023-07-19: Largest Expected Move — 26.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.17$22.50$23.82$22.70$23.54
ATM IV45.6%34.3%92.6%46.1%45.0%
Expected Move11.9%9.5%26.5%13.2%12.9%
HV 20d14.0%12.9%15.5%14.6%14.7%
HV 60d14.9%14.4%15.5%14.9%14.8%
IV Rank3.0%0.2%14.9%3.2%2.9%
IV Percentile9.0%0.4%57.1%6.7%9.9%
Term Structure-13.0%-48.1%-8.3%-14.0%-13.8%
Skew 25d2.4%-0.1%20.6%0.8%-0.1%
Skew 10d9.7%3.6%67.0%6.1%8.5%
Call IV 25d50.6%40.1%112.6%58.7%56.9%
Put IV 25d52.9%42.0%133.3%59.5%56.8%
Bid-Ask Spread %139.85136.69151.15142.72139.25
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$22.70$0.0046.1%13.2%14.6%3.2%0.0%0.8%-14.0%0000.00142.72N/AN/A0000
2023-07-05$22.79$0.0047.7%13.7%14.5%3.6%0.0%1.3%-14.4%0000.00142.19N/AN/A0000
2023-07-06$22.50$0.0051.8%10.1%15.5%4.6%0.0%1.8%-8.6%0000.00140.57N/AN/A0000
2023-07-07$22.59$0.0050.4%9.5%13.4%4.2%0.0%2.1%-10.1%0000.00139.06N/AN/A0000
2023-07-10$22.56$0.0058.5%10.0%12.9%6.3%0.0%2.1%-10.9%0000.00140.02N/AN/A0000
2023-07-11$22.77$0.0058.7%9.9%13.2%6.3%0.0%2.5%-10.8%0000.00139.21N/AN/A0000
2023-07-12$23.01$0.0034.3%9.8%12.9%0.2%0.0%1.5%-10.2%0000.00138.74N/AN/A0000
2023-07-13$23.41$0.0034.7%9.9%13.8%0.3%0.0%2.5%-11.3%0000.00138.27N/AN/A0000
2023-07-14$23.34$0.0036.2%10.4%13.8%0.6%0.0%1.8%-13.3%0000.00137.18N/AN/A0000
2023-07-17$23.58$0.0035.6%10.2%13.2%0.5%0.0%2.2%-12.4%0000.00138.20N/AN/A0000
2023-07-18$23.77$0.0035.1%10.1%13.3%0.4%0.0%1.8%-13.0%0000.00137.31N/AN/A0000
2023-07-19$23.82$0.0092.6%26.5%13.0%14.9%0.0%20.6%-48.1%0000.00151.15N/AN/A0000
2023-07-20$23.35$0.0037.8%10.8%14.8%1.1%0.0%0.9%-8.3%0000.00136.69N/AN/A0000
2023-07-21$23.30$0.0039.5%11.3%14.8%1.5%0.0%1.4%-8.9%0000.00139.39N/AN/A0000
2023-07-24$23.27$0.0040.8%11.7%14.6%1.8%0.0%0.7%-9.9%0000.00139.69N/AN/A0000
2023-07-25$23.29$0.0042.2%12.1%14.1%2.2%0.0%0.9%-10.7%0000.00140.92N/AN/A0000
2023-07-26$23.27$0.0040.9%11.7%13.7%1.8%0.0%0.7%-10.3%0000.00139.56N/AN/A0000
2023-07-27$23.04$0.0040.5%11.6%14.3%1.7%0.0%0.7%-9.6%0000.00136.94N/AN/A0000
2023-07-28$23.45$0.0043.7%12.5%15.3%2.5%0.0%1.0%-11.6%0000.00139.98N/AN/A0000
2023-07-31$23.54$0.0045.0%12.9%14.7%2.9%0.0%-0.1%-13.8%0000.00139.25N/AN/A0000