USMV Options History — April 2014

In April 2014, USMV traded between $35.26 and $36.53. ATM implied volatility averaged 70.1%, placing in the 68.6% IV rank vs the trailing year. The 30-day expected move averaged 18.6%. IV traded above realized volatility by 61.1% (HV 20d: 9.1%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-04-24: Highest Volume — 10 contracts
  • 2014-04-07: Largest IV spike — 200.4% change
  • 2014-04-07: Highest IV Rank — 100.0%
  • 2014-04-03: Largest Expected Move — 23.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.01$35.26$36.53$36.08$36.53
ATM IV70.1%32.2%105.6%78.7%79.2%
Expected Move18.6%7.7%23.9%22.6%22.7%
HV 20d9.1%6.8%10.2%6.8%9.7%
HV 60d10.2%8.6%10.9%10.0%8.6%
IV Rank68.6%34.1%100.0%93.8%73.5%
IV Percentile95.8%91.3%100.0%99.2%97.6%
Term Structure-21.2%-35.5%2.7%-27.6%-35.5%
Skew 25d5.1%-22.7%9.6%7.6%9.6%
Skew 10d13.8%3.5%24.0%17.5%24.0%
Call IV 25d85.3%9.4%111.8%106.1%105.9%
Put IV 25d90.5%11.1%120.4%113.7%115.5%
Bid-Ask Spread %174.25159.58181.38170.51181.38
Gamma HHI0.300.270.340.280.28
Net GEX3.1K1.3K4.8K4.0K2.8K
Net DEX-308.4K-455.1K-253.6K-335.3K-324.0K
Net VEX-1.1K-1.3K-698-1.3K-1.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.09501000
Total OI223.81203236236226

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-04-01$36.08$0.0078.7%22.6%6.8%93.8%0.0%7.6%-27.6%4.0K-335.3K-1.3K0.00170.51N/AN/A0016472
2014-04-02$36.17$0.0080.8%23.2%6.8%96.6%0.0%8.0%-29.8%4.1K-337.3K-1.3K0.00171.68N/AN/A0016472
2014-04-03$36.18$0.0083.3%23.9%6.8%99.8%0.0%8.6%-30.5%4.1K-338.9K-1.3K0.00168.03N/AN/A0016472
2014-04-04$35.88$0.0032.2%7.7%7.4%34.1%0.0%1.8%2.7%4.6K-326.5K-1.1K0.00173.27N/AN/A0016472
2014-04-07$35.63$0.0096.8%15.2%7.7%100.0%0.0%5.3%-14.8%4.1K-322.4K-1.3K0.00159.58N/AN/A0016472
2014-04-08$35.78$0.0068.0%15.9%7.9%68.4%0.0%-22.7%-20.5%2.9K-455.1K-6980.00168.85N/AN/A0016472
2014-04-09$36.04$0.00105.6%16.1%8.4%100.0%0.0%5.3%-17.9%4.0K-363.3K-1.1K0.00169.85N/AN/A0016472
2014-04-10$35.52$0.0055.2%15.8%9.4%49.6%0.0%5.5%-13.6%4.4K-308.4K-1.3K0.00165.93N/AN/A0016472
2014-04-11$35.26$0.0058.8%16.8%9.7%53.1%0.0%5.6%-17.3%4.4K-303.9K-1.2K0.00174.78N/AN/A0016472
2014-04-14$35.52$0.0058.5%16.8%9.8%52.9%0.0%5.1%-19.1%4.8K-308.6K-1.2K0.00167.83N/AN/A0016472
2014-04-15$35.73$0.0060.0%17.2%9.9%54.3%0.0%5.9%-14.5%4.5K-311.4K-1.2K0.00175.30N/AN/A0016472
2014-04-16$36.08$0.0061.4%17.6%10.2%55.7%0.0%5.8%-13.9%2.4K-253.6K-9820.00175.79N/AN/A0013172
2014-04-17$36.10$0.0059.7%17.1%10.2%54.0%0.0%5.8%-16.9%1.7K-275.1K-9330.00179.89N/AN/A0313172
2014-04-21$36.21$0.0065.3%18.7%10.2%59.6%0.0%6.2%-22.2%2.1K-260.7K-9690.00180.10N/AN/A0013175
2014-04-22$36.29$0.0066.5%19.1%10.0%60.8%0.0%7.1%-21.0%1.4K-270.6K-9470.00176.74N/AN/A0013175
2014-04-23$36.23$0.0067.9%19.5%10.0%62.3%0.0%7.0%-24.0%1.8K-262.4K-9430.00180.79N/AN/A0013175
2014-04-24$36.17$0.0069.5%19.9%10.0%63.7%0.0%6.5%-25.3%1.3K-271.2K-9050.00180.73N/AN/A10013175
2014-04-25$36.09$0.0071.1%20.4%10.0%65.4%0.0%6.9%-23.4%2.2K-273.8K-1.0K0.00179.07N/AN/A0014175
2014-04-28$36.29$0.0076.3%21.9%10.1%70.6%0.0%8.1%-30.3%2.3K-280.4K-9960.00178.38N/AN/A0014175
2014-04-29$36.38$0.0078.2%22.4%9.6%72.5%0.0%8.7%-29.5%2.1K-293.2K-9510.00180.68N/AN/A10014175
2014-04-30$36.53$0.0079.2%22.7%9.7%73.5%0.0%9.6%-35.5%2.8K-324.0K-1.0K0.00181.38N/AN/A0015175