XLU Options History — April 2019

In April 2019, XLU traded between $28.63 and $29.32. ATM implied volatility averaged 11.9%, placing in the 7.8% IV rank vs the trailing year. The 30-day expected move averaged 3.4%. IV traded above realized volatility by 1.6% (HV 20d: 10.3%). Max pain ranged from $29.00 to $29.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.91.

Notable Days

  • 2019-04-01: Highest Volume — 230,408 contracts
  • 2019-04-02: Largest IV drop — 8.3% change
  • 2019-04-01: Highest IV Rank — 19.4%
  • 2019-04-01: Largest Expected Move — 3.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.89$28.63$29.32$28.84$29.32
Max Pain$29.00$29.00$29.00$29.00$29.00
ATM IV11.9%11.3%13.3%13.3%11.4%
Expected Move3.4%3.2%3.7%3.7%3.2%
HV 20d10.3%8.5%11.3%10.8%9.9%
HV 60d10.3%8.7%11.7%11.7%9.2%
IV Rank7.8%2.6%19.4%19.4%3.1%
IV Percentile8.9%2.4%43.3%43.3%3.2%
Term Structure0.0%-0.4%0.7%-0.0%0.3%
VWIV12.2%11.2%14.6%12.7%11.3%
Skew 25d2.3%1.7%2.8%2.5%2.1%
Skew 10d5.3%3.7%6.3%5.9%4.5%
Call IV 25d11.0%10.4%12.1%12.1%10.4%
Put IV 25d13.3%12.3%14.6%14.6%12.5%
Bid-Ask Spread %2.812.303.512.933.15
Gamma HHI0.200.140.330.160.14
Net GEX-84.2M-213.0M7.9M-81.3M4.1M
Net DEX54.6M-357.0M387.4M178.8M-357.0M
Net VEX-3.4M-3.8M-2.7M-3.5M-2.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.910.315.713.001.28
Total Volume97,567.04824,498230,408230,408117,382
Total OI1,261,081.2381,009,5841,458,3301,054,2001,029,664

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$28.84$29.0013.3%3.7%10.8%19.4%12.7%2.5%-0.0%-81.3M178.8M-3.5M3.002.9357,532172,876325,260728,940
2019-04-02$28.91$29.0012.2%3.6%10.8%10.3%13.9%2.6%0.2%-93.0M115.6M-3.6M3.172.8834,208108,302362,382821,198
2019-04-03$28.93$29.0012.2%3.6%10.8%10.4%14.6%2.3%0.2%-94.9M120.1M-3.8M2.433.1924,16258,690373,932882,380
2019-04-04$28.79$29.0012.3%3.5%10.9%10.6%12.5%2.5%0.3%-124.9M270.8M-3.8M4.112.9436,048148,000387,788925,496
2019-04-05$29.03$29.0011.5%3.4%11.3%4.5%12.1%2.5%0.3%-91.3M-26.2M-3.7M0.382.8674,09028,412405,5961,052,734
2019-04-08$28.84$29.0012.1%3.4%11.1%9.2%12.1%2.3%-0.3%-108.4M153.0M-3.7M0.722.4248,54034,882402,032902,628
2019-04-09$28.89$29.0011.7%3.4%10.7%5.6%11.6%2.3%-0.0%-92.3M103.6M-3.8M0.502.7216,2828,216435,392927,454
2019-04-10$28.79$29.0011.7%3.4%10.7%6.0%12.6%2.3%0.1%-112.7M187.4M-3.7M0.562.6339,33622,066438,702929,146
2019-04-11$28.96$29.0011.5%3.4%11.0%4.5%11.4%2.8%0.1%-73.1M7.3M-3.6M0.902.6817,66615,946453,282940,498
2019-04-12$29.09$29.0011.5%3.4%11.1%4.0%12.0%2.3%0.7%-43.7M-214.0M-3.4M0.902.3131,53828,352464,958940,024
2019-04-15$29.05$29.0011.7%3.4%10.9%5.8%12.6%2.3%0.2%-51.0M-136.0M-3.2M1.472.3024,71236,208439,380872,138
2019-04-16$28.71$29.0012.5%3.6%10.7%12.3%11.6%2.6%-0.2%-167.5M267.9M-3.4M4.672.9438,108177,966452,058899,696
2019-04-17$28.66$29.0012.3%3.5%10.6%10.9%11.9%2.4%-0.2%-213.0M387.4M-3.6M2.282.4621,50849,110475,130954,438
2019-04-18$28.67$29.0012.3%3.5%9.7%10.7%12.2%2.5%-0.4%-137.4M371.9M-3.5M1.532.3227,44442,034478,048958,128
2019-04-22$28.63$29.0012.0%3.4%9.2%8.7%12.9%2.4%-0.1%-110.6M213.5M-3.3M1.303.5121,15227,544382,738737,000
2019-04-23$28.70$29.0011.8%3.4%9.3%6.9%11.4%2.1%-0.1%-107.4M132.5M-3.2M0.313.0859,78818,244396,376748,588
2019-04-24$28.95$29.0011.7%3.3%9.6%6.3%11.8%1.9%-0.0%-28.8M-130.1M-3.2M1.082.8542,24245,794430,098758,344
2019-04-25$29.07$29.0011.8%3.4%9.8%6.6%12.3%1.9%-0.1%7.9M-226.6M-3.0M5.713.3021,452122,450416,284757,846
2019-04-26$29.05$29.0011.3%3.2%8.5%2.6%11.2%1.7%-0.2%-6.1M-239.6M-3.0M2.562.8529,38475,360424,512762,834
2019-04-29$28.86$29.0011.7%3.3%8.6%6.1%11.4%2.0%0.2%-41.8M-33.3M-3.0M1.302.7019,95225,930373,970635,614
2019-04-30$29.32$29.0011.4%3.2%9.9%3.1%11.3%2.1%0.3%4.1M-357.0M-2.7M1.283.1551,50065,882381,726647,938