XLU Options History — October 2014

In October 2014, XLU traded between $21.14 and $22.73. ATM implied volatility averaged 15.0%, placing in the 25.9% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 1.0% (HV 20d: 14.0%). Max pain ranged from $20.50 to $21.50. Net GEX was positive for 9 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 2.85.

Notable Days

  • 2014-10-24: Highest Volume — 173,740 contracts
  • 2014-10-15: Largest IV spike — 15.6% change
  • 2014-10-15: Highest IV Rank — 40.6%
  • 2014-10-16: Largest Expected Move — 4.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.76$21.14$22.73$21.16$22.73
Max Pain$20.96$20.50$21.50$21.00$21.50
ATM IV15.0%12.9%18.7%13.5%14.5%
Expected Move4.3%4.1%4.7%4.3%4.2%
HV 20d14.0%10.8%16.7%12.4%16.7%
HV 60d14.1%13.1%15.1%13.4%13.9%
IV Rank25.9%17.6%40.6%20.2%24.2%
IV Percentile85.7%52.0%98.8%71.0%88.5%
Term Structure-0.3%-2.3%0.5%-0.0%-0.6%
VWIV16.4%14.2%18.4%14.9%17.2%
Skew 25d3.0%-0.2%4.7%2.5%3.3%
Skew 10d7.5%5.1%10.4%5.1%7.4%
Call IV 25d13.7%11.7%17.8%12.7%13.2%
Put IV 25d16.8%14.0%21.9%15.2%16.6%
Bid-Ask Spread %26.8715.9461.1524.4223.44
Gamma HHI0.160.120.310.130.17
Net GEX-5.9M-45.4M17.7M-45.4M-14.5M
Net DEX-131.0M-330.4M104.6M104.6M-318.4M
Net VEX-1.7M-1.9M-1.4M-1.8M-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.850.1614.850.505.11
Total Volume71,609.91319,742173,740111,044106,776
Total OI806,456610,968897,712808,250891,996

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-10-01$21.16$21.0013.5%4.3%12.4%20.2%14.9%2.5%-0.0%-45.4M104.6M-1.8M0.5024.4273,94037,104265,908542,342
2014-10-02$21.14$21.0013.4%4.3%12.4%19.7%16.7%1.9%0.2%-34.0M85.5M-1.9M1.4318.4311,77816,848315,274550,574
2014-10-03$21.27$20.5013.3%4.1%11.7%19.3%14.2%2.8%0.2%-28.8M5.8M-1.9M2.4421.067,10417,318322,258551,556
2014-10-06$21.27$20.5013.6%4.1%11.5%20.6%15.9%2.7%0.0%-16.7M2.6M-1.8M14.8515.942,00629,792319,942534,770
2014-10-07$21.25$20.5014.0%4.2%10.8%21.9%14.2%2.1%-0.3%-26.1M20.8M-1.8M0.8419.8723,64019,856321,230558,216
2014-10-08$21.73$21.0012.9%4.2%13.3%17.6%15.0%3.4%0.5%6.2M-200.8M-1.8M1.3817.1629,90641,256321,062557,416
2014-10-09$21.40$21.0014.2%4.3%14.1%23.0%15.4%2.3%0.0%-10.1M-55.2M-1.8M1.3623.148,36211,380313,224578,296
2014-10-10$21.45$21.0014.9%4.4%12.5%25.8%17.2%2.5%-0.2%-8.6M-66.8M-1.8M2.4324.8510,24424,864315,920581,792
2014-10-13$21.48$21.0016.4%4.5%12.4%31.4%17.0%-0.2%0.2%-4.1M-83.2M-1.8M4.6261.1513,16860,878309,894494,790
2014-10-14$21.80$21.0016.2%4.3%12.7%30.7%17.1%3.4%-0.8%10.7M-219.9M-1.7M2.5227.6615,31238,622318,606492,738
2014-10-15$21.35$21.0018.7%4.7%14.8%40.6%18.4%4.2%-1.2%-6.3M-11.9M-1.8M0.9932.6857,50857,174326,178503,422
2014-10-16$21.38$21.0018.7%4.7%14.5%40.5%17.8%4.4%-2.3%1.1M-26.3M-1.8M2.5223.269,52624,008343,288522,482
2014-10-17$21.48$21.0016.7%4.6%14.6%32.7%16.7%3.1%-0.2%17.7M-116.9M-1.6M0.2539.8487,03221,396334,248511,068
2014-10-20$21.80$21.0016.1%4.3%15.1%30.2%17.0%3.1%-0.3%10.6M-171.6M-1.6M0.7828.2934,15226,688268,272342,696
2014-10-21$21.84$21.0014.5%4.4%15.0%24.2%17.1%2.9%-0.1%11.3M-197.7M-1.5M1.0728.6720,16821,628282,410357,214
2014-10-22$22.04$21.0015.2%4.3%15.1%26.6%16.2%2.9%-0.9%11.0M-262.6M-1.4M2.7125.1120,50255,538280,850361,382
2014-10-23$22.04$21.0014.9%4.3%14.8%25.6%16.5%2.8%-0.6%6.9M-246.9M-1.5M0.5628.2842,79023,876296,944404,586
2014-10-24$22.27$21.0015.6%4.2%15.0%28.4%15.6%3.7%-0.5%13.3M-322.6M-1.6M10.0930.6015,666158,074322,984410,914
2014-10-27$22.22$21.0014.5%4.4%15.1%23.9%17.2%3.4%-0.3%-6.8M-183.5M-1.6M0.1626.2343,1486,742282,760504,264
2014-10-28$22.37$21.0014.4%4.1%15.1%23.6%15.7%3.6%-0.3%-6.1M-239.3M-1.5M2.1028.5420,94244,000277,918508,622
2014-10-29$22.25$21.0013.9%4.1%15.4%21.7%16.9%4.1%0.2%-14.1M-178.0M-1.6M3.8727.3524,03292,966282,502531,108
2014-10-30$22.73$21.0014.2%4.2%16.7%22.7%17.5%4.7%-0.1%-4.0M-330.4M-1.4M3.0721.9934,238105,080282,678551,894
2014-10-31$22.73$21.5014.5%4.2%16.7%24.2%17.2%3.3%-0.6%-14.5M-318.4M-1.4M5.1123.4417,48689,290298,840593,156