TIME Options History — May 2024

In May 2024, TIME traded between $24.75 and $26.73. ATM implied volatility averaged 44.7%, placing in the 5.4% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 28.1% (HV 20d: 16.6%). Max pain ranged from $26.00 to $26.00. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-05-30: Highest Volume — 4 contracts
  • 2024-05-15: Largest IV drop — 67.0% change
  • 2024-05-14: Highest IV Rank — 22.0%
  • 2024-05-02: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.96$24.75$26.73$24.75$26.23
Max Pain$26.00$26.00$26.00$26.00$26.00
ATM IV44.7%29.7%90.0%44.9%36.9%
Expected Move9.6%8.1%13.2%12.9%10.6%
HV 20d16.6%13.3%20.2%18.9%14.4%
HV 60d18.8%16.1%20.9%20.9%16.1%
IV Rank5.4%0.0%22.0%5.5%2.6%
IV Percentile37.5%0.0%90.9%51.6%23.8%
Term Structure-4.1%-17.1%88.5%-16.4%-9.1%
VWIV22.6%22.6%22.6%22.6%22.6%
Skew 25d0.9%-0.1%2.2%0.7%0.6%
Skew 10d8.9%4.5%13.4%5.4%4.5%
Call IV 25d41.8%33.5%60.4%57.8%47.4%
Put IV 25d42.7%35.5%60.5%58.4%48.0%
Bid-Ask Spread %167.81140.30176.63140.30166.01
Gamma HHI1.001.001.001.001.00
Net GEX1803890389
Net DEX-270-5.9K00-5.9K
Net VEX-0-1000-10
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1820400
Total OI0.1820404

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$24.75$0.0044.9%12.9%18.9%5.5%0.0%0.7%-16.4%0000.00140.30N/AN/A0000
2024-05-02$24.92$0.0046.1%13.2%19.1%5.9%0.0%0.9%-16.3%0000.00141.29N/AN/A0000
2024-05-03$25.27$0.0045.9%13.1%19.3%5.8%0.0%0.0%-17.1%0000.00142.03N/AN/A0000
2024-05-06$25.66$0.0050.0%8.1%20.2%7.4%0.0%2.2%-5.3%0000.00176.63N/AN/A0000
2024-05-07$25.73$0.0053.8%8.2%19.6%8.7%0.0%0.9%-5.9%0000.00174.03N/AN/A0000
2024-05-08$25.68$0.0054.5%8.2%19.6%9.0%0.0%0.8%-6.2%0000.00173.20N/AN/A0000
2024-05-09$25.70$0.0057.7%8.2%19.2%10.2%0.0%0.8%-5.4%0000.00173.14N/AN/A0000
2024-05-10$25.66$0.0060.9%8.3%17.9%11.3%0.0%-0.1%-6.9%0000.00172.57N/AN/A0000
2024-05-13$25.54$0.0078.4%8.5%17.0%17.7%0.0%1.4%-6.7%0000.00173.98N/AN/A0000
2024-05-14$25.73$0.0090.0%8.7%17.0%22.0%0.0%1.6%-7.3%0000.00173.30N/AN/A0000
2024-05-15$26.25$0.0029.7%8.5%17.9%0.0%0.0%1.7%-7.2%0000.00170.78N/AN/A0000
2024-05-16$26.04$0.0029.9%8.6%18.0%0.1%0.0%0.6%88.5%0000.00172.78N/AN/A0000
2024-05-17$26.18$0.0031.4%9.0%14.7%0.6%0.0%0.8%-6.2%0000.00174.18N/AN/A0000
2024-05-20$26.39$0.0034.2%9.8%14.7%1.7%0.0%1.3%-7.2%0000.00174.22N/AN/A0000
2024-05-21$26.45$0.0034.3%9.8%13.3%1.7%0.0%1.3%-7.2%0000.00173.05N/AN/A0000
2024-05-22$26.18$0.0032.2%9.2%13.9%0.9%0.0%0.0%-6.8%0000.00171.67N/AN/A0000
2024-05-23$26.12$0.0032.8%9.4%13.9%1.1%0.0%-0.1%-7.9%0000.00170.56N/AN/A0000
2024-05-24$26.57$0.0033.3%9.6%14.7%1.3%0.0%1.7%-7.4%0000.00171.29N/AN/A0000
2024-05-28$26.73$0.0034.5%9.9%14.7%1.8%0.0%1.1%-8.5%0000.00171.51N/AN/A0000
2024-05-29$26.71$0.0035.3%10.1%13.7%2.0%0.0%1.0%-8.8%0000.00169.87N/AN/A0000
2024-05-30$26.54$0.0035.7%10.2%13.5%2.2%22.6%0.9%-9.9%0000.00165.48N/AN/A4000
2024-05-31$26.23$26.0036.9%10.6%14.4%2.6%0.0%0.6%-9.1%389-5.9K-100.00166.01N/AN/A0040