XLU Options History — June 2023

In June 2023, XLU traded between $32.17 and $33.67. ATM implied volatility averaged 14.3%, placing in the 2.9% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded above realized volatility by 0.8% (HV 20d: 13.5%). Max pain ranged from $33.00 to $33.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.75.

Notable Days

2023-06-07: Highest Volume — 103,108 contracts
2023-06-08: Largest IV drop — 8.2% change
2023-06-01: Highest IV Rank — 7.7%
2023-06-01: Largest Expected Move — 4.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$32.93	$32.17	$33.67	$32.17	$32.75
Max Pain	$33.00	$33.00	$33.00	$33.00	$33.00
ATM IV	14.3%	13.2%	16.8%	16.8%	13.5%
Expected Move	4.1%	3.7%	4.9%	4.9%	3.7%
HV 20d	13.5%	11.3%	15.5%	12.2%	15.1%
HV 60d	14.9%	13.5%	16.5%	16.4%	14.2%
IV Rank	2.9%	0.0%	7.7%	7.7%	2.0%
IV Percentile	1.5%	0.0%	7.5%	7.5%	1.6%
Term Structure	0.2%	-0.7%	0.7%	-0.6%	0.2%
VWIV	14.5%	12.9%	17.7%	17.7%	12.9%
Skew 25d	2.5%	1.2%	4.3%	4.3%	2.4%
Skew 10d	4.8%	2.4%	7.5%	7.5%	5.6%
Call IV 25d	13.3%	12.3%	15.0%	15.0%	12.3%
Put IV 25d	15.8%	14.0%	19.3%	19.3%	14.7%
Bid-Ask Spread %	13.60	2.56	55.77	2.56	2.58
Gamma HHI	0.13	0.08	0.39	0.15	0.11
Net GEX	197.3K	-45.1M	97.1M	-45.1M	10.8M
Net DEX	104.6M	-182.6M	388.6M	388.6M	123.5M
Net VEX	-3.6M	-3.9M	-3.4M	-3.4M	-3.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.75	0.22	1.31	1.31	0.51
Total Volume	39,273.905	14,396	103,108	28,494	37,602
Total OI	901,855.619	759,554	1,068,260	823,356	877,500

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2023-06-01	$32.17	$33.00	16.8%	4.9%	12.2%	7.7%	17.7%	4.3%	-0.6%	-45.1M	388.6M	-3.4M	1.31	2.56	12,312	16,182	344,202	479,154
2023-06-02	$32.55	$33.00	15.7%	4.5%	13.0%	1.3%	16.1%	3.5%	-0.7%	-22.2M	260.6M	-3.5M	0.86	2.57	19,740	17,064	358,208	485,844
2023-06-05	$32.70	$33.00	15.7%	4.6%	12.9%	1.0%	15.9%	3.2%	-0.1%	-25.7M	221.8M	-3.5M	1.19	45.00	13,884	16,580	355,716	495,658
2023-06-06	$32.77	$33.00	14.8%	4.2%	13.0%	0.0%	14.7%	3.2%	0.1%	-28.3M	204.6M	-3.5M	0.59	32.55	15,342	8,984	372,256	522,604
2023-06-07	$33.23	$33.00	14.7%	4.3%	14.3%	0.0%	15.9%	2.6%	0.2%	1.5M	17.7M	-3.6M	0.86	4.82	55,386	47,722	383,186	528,804
2023-06-08	$33.42	$33.00	13.5%	4.0%	14.1%	0.0%	14.3%	2.5%	0.3%	26.5M	-72.4M	-3.9M	0.37	4.93	10,552	3,904	442,428	579,484
2023-06-09	$33.22	$33.00	13.9%	4.2%	13.8%	2.2%	14.5%	2.3%	-0.1%	19.5M	16.1M	-3.9M	0.34	3.89	21,124	7,162	450,036	583,372
2023-06-12	$33.16	$33.00	14.5%	4.4%	13.6%	5.4%	15.4%	2.8%	0.7%	1.1M	58.1M	-3.8M	0.87	3.97	7,718	6,678	451,616	580,470
2023-06-13	$33.11	$33.00	14.5%	4.2%	13.2%	5.1%	14.5%	2.3%	0.2%	-1.7M	71.3M	-3.8M	0.22	4.02	25,788	5,548	454,646	583,378
2023-06-14	$33.16	$33.00	14.0%	4.1%	11.3%	2.6%	14.9%	2.0%	0.3%	14.4M	28.2M	-3.7M	0.44	55.77	40,216	17,638	465,268	584,978
2023-06-15	$33.49	$33.00	13.9%	4.0%	11.5%	2.2%	14.7%	1.5%	0.1%	60.8M	-114.1M	-3.7M	0.53	24.12	28,226	15,014	468,696	587,302
2023-06-16	$33.67	$33.00	13.2%	3.9%	11.6%	0.0%	14.0%	1.2%	0.6%	97.1M	-182.6M	-3.7M	0.47	4.36	41,018	19,392	471,040	597,220
2023-06-20	$33.05	$33.00	13.8%	4.0%	13.5%	3.6%	14.0%	2.3%	0.7%	2.7M	77.2M	-3.6M	0.85	7.24	14,992	12,722	343,646	415,908
2023-06-21	$33.19	$33.00	13.3%	3.8%	13.6%	0.9%	13.6%	2.2%	0.4%	7.5M	32.2M	-3.6M	1.22	5.00	12,754	15,540	353,110	419,798
2023-06-22	$32.98	$33.00	13.7%	3.9%	13.8%	2.6%	13.7%	2.2%	0.6%	-3.4M	76.6M	-3.6M	0.93	4.27	31,932	29,686	359,830	420,596
2023-06-23	$32.53	$33.00	14.2%	4.0%	14.4%	5.4%	13.6%	2.2%	0.7%	-23.9M	218.9M	-3.6M	0.72	9.49	15,584	11,220	379,472	441,740
2023-06-26	$32.81	$33.00	14.4%	4.0%	14.2%	6.5%	14.3%	2.6%	0.2%	-7.3M	129.4M	-3.6M	0.74	44.13	14,196	10,518	366,368	438,232
2023-06-27	$32.91	$33.00	13.5%	3.7%	14.1%	1.9%	13.2%	2.7%	0.2%	-2.4M	82.9M	-3.6M	1.06	15.18	19,238	20,358	372,908	445,902
2023-06-28	$32.33	$33.00	14.2%	3.9%	15.5%	5.4%	13.3%	2.6%	0.3%	-37.0M	288.9M	-3.5M	0.60	4.27	23,572	14,256	372,672	459,128
2023-06-29	$32.33	$33.00	14.2%	4.0%	14.9%	5.7%	13.8%	2.6%	0.2%	-40.8M	269.9M	-3.5M	1.09	4.92	32,284	35,124	385,644	460,948
2023-06-30	$32.75	$33.00	13.5%	3.7%	15.1%	2.0%	12.9%	2.4%	0.2%	10.8M	123.5M	-3.9M	0.51	2.58	24,898	12,704	408,550	468,950