USMV Options History — June 2013

In June 2013, USMV traded between $32.04 and $33.49. ATM implied volatility averaged 13.1%. The 30-day expected move averaged 3.8%. IV traded below realized volatility by 0.4% (HV 20d: 13.5%). Max pain ranged from $33.00 to $33.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days.

Notable Days

  • 2013-06-21: Largest IV spike — 179.3% change
  • 2013-06-21: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.78$32.04$33.49$33.02$32.57
Max Pain$33.00$33.00$33.00$33.00$33.00
ATM IV13.1%6.8%39.7%11.9%10.0%
Expected Move3.8%1.9%11.4%3.4%2.9%
HV 20d13.5%10.3%17.0%10.3%16.3%
HV 60d11.7%10.7%13.0%10.8%12.9%
Term Structure2.1%-1.7%31.6%-0.7%1.4%
Skew 25d4.2%-0.2%7.8%1.8%2.1%
Skew 10d2.9%-6.6%7.2%2.5%2.5%
Call IV 25d16.9%7.5%87.9%9.0%10.4%
Put IV 25d21.1%9.9%91.7%10.8%12.5%
Bid-Ask Spread %72.7538.04176.2657.4761.61
Gamma HHI0.600.430.870.450.86
Net GEX14.2K8.7K22.9K17.9K11.5K
Net DEX-76.4K-175.8K-39.2K-86.7K-64.8K
Net VEX-754-1.0K-545-831-665
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI133109141141109

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-06-03$33.02$33.0011.9%3.4%10.3%0.0%0.0%1.8%-0.7%17.9K-86.7K-8310.0057.47N/AN/A001374
2013-06-04$32.89$33.0011.9%3.4%10.3%0.0%0.0%-0.2%-0.2%17.1K-78.6K-8180.0051.94N/AN/A001374
2013-06-05$32.50$33.0012.0%3.4%10.7%0.0%0.0%2.5%3.4%13.2K-62.7K-7330.0058.68N/AN/A001374
2013-06-06$32.85$33.0012.0%3.5%11.6%0.0%0.0%4.4%-1.7%15.8K-72.8K-8060.0043.96N/AN/A001374
2013-06-07$33.14$0.0010.5%3.2%12.1%0.0%0.0%5.1%1.1%18.4K-84.5K-8080.0077.51N/AN/A001374
2013-06-10$33.10$0.0011.3%3.4%11.9%0.0%0.0%6.3%0.5%18.6K-81.2K-7980.0073.34N/AN/A001374
2013-06-11$32.85$0.0012.3%3.5%12.1%0.0%0.0%3.6%0.3%15.3K-68.1K-7250.0059.62N/AN/A001374
2013-06-12$32.72$0.0012.6%3.5%11.4%0.0%0.0%2.9%0.7%12.9K-70.0K-7730.0070.91N/AN/A001374
2013-06-13$33.18$0.0012.1%3.5%12.4%0.0%0.0%7.8%0.8%18.1K-87.5K-8440.0077.84N/AN/A001374
2013-06-14$33.11$0.0012.0%3.4%12.2%0.0%0.0%5.6%1.0%17.0K-78.1K-7940.0070.52N/AN/A001374
2013-06-17$33.32$0.0012.8%3.7%12.3%0.0%0.0%5.8%-0.1%22.9K-91.4K-8450.0063.81N/AN/A001374
2013-06-18$33.49$0.009.0%2.6%12.4%0.0%0.0%4.4%-0.6%14.4K-175.8K-1.0K0.00170.40N/AN/A001374
2013-06-19$32.92$0.0012.1%3.5%13.6%0.0%0.0%2.8%0.4%10.8K-74.5K-7490.0068.32N/AN/A001374
2013-06-20$32.06$0.0014.2%4.1%16.1%0.0%0.0%6.7%0.3%9.0K-39.2K-5520.0062.98N/AN/A001374
2013-06-21$32.28$0.0039.7%11.4%16.4%0.0%0.0%3.8%31.6%8.7K-79.2K-7900.00176.26N/AN/A001374
2013-06-24$32.04$0.0014.6%4.2%16.5%0.0%0.0%5.5%-0.3%8.9K-46.3K-5450.0038.04N/AN/A001081
2013-06-25$32.31$0.0013.4%3.8%16.9%0.0%0.0%6.9%0.3%9.6K-48.5K-5630.0063.80N/AN/A001081
2013-06-26$32.65$0.006.8%1.9%17.0%0.0%0.0%3.8%4.2%12.3K-67.0K-6670.0061.06N/AN/A001081
2013-06-27$32.67$0.0010.9%3.1%17.0%0.0%0.0%3.0%0.7%12.3K-71.4K-7250.0046.91N/AN/A001081
2013-06-28$32.57$0.0010.0%2.9%16.3%0.0%0.0%2.1%1.4%11.5K-64.8K-6650.0061.61N/AN/A001081