YMAX Options History — January 2025

In January 2025, YMAX traded between $16.20 and $17.44. ATM implied volatility averaged 16.2%, placing in the 7.0% IV rank vs the trailing year. The 30-day expected move averaged 4.9%. IV traded below realized volatility by 8.8% (HV 20d: 24.9%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 2.20.

Notable Days

  • 2025-01-31: Highest Volume — 705 contracts
  • 2025-01-30: Largest IV spike — 152.1% change
  • 2025-01-10: Highest IV Rank — 13.0%
  • 2025-01-10: Largest Expected Move — 12.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.76$16.20$17.44$17.02$16.59
Max Pain$17.65$17.00$18.00$18.00$17.00
ATM IV16.2%7.1%24.2%17.9%13.6%
Expected Move4.9%2.0%12.2%5.1%3.9%
HV 20d24.9%23.2%28.1%24.5%23.2%
HV 60d22.7%21.5%24.0%21.5%23.0%
IV Rank7.0%0.1%13.0%8.3%5.0%
IV Percentile33.8%0.5%74.4%42.1%17.7%
Term Structure3.2%-20.8%38.0%1.1%1.0%
VWIV16.0%3.2%29.2%17.6%13.7%
Skew 25d22.1%-15.6%89.5%30.2%56.9%
Skew 10d47.3%-0.1%119.9%45.0%94.3%
Call IV 25d45.5%11.2%131.6%16.8%75.5%
Put IV 25d67.7%13.5%132.4%47.1%132.4%
Bid-Ask Spread %109.5777.93128.5789.94118.22
Gamma HHI0.420.230.720.530.29
Net GEX-145.2K-315.8K-58.3K-181.4K-60.6K
Net DEX2.9M1.5M4.4M2.5M2.7M
Net VEX-3.8K-6.1K-1.9K-3.4K-4.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.200.317.153.760.71
Total Volume427.55119705428705
Total OI5,595.44,2447,2115,0125,293

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$17.02$18.0017.9%5.1%24.5%8.3%17.6%30.2%1.1%-181.4K2.5M-3.4K3.7689.94N/AN/A903381,8343,178
2025-01-03$17.21$18.0015.8%4.5%24.4%6.7%10.7%15.3%-15.7%-182.8K2.2M-3.9K1.4389.66N/AN/A2223171,9123,329
2025-01-06$17.44$18.0012.1%2.6%24.8%3.9%10.1%-2.7%1.0%-72.2K1.9M-1.9K1.63127.82N/AN/A1011652,0453,415
2025-01-07$17.05$18.0020.8%4.8%25.0%10.5%22.4%-15.6%15.6%-315.8K2.4M-3.7K5.18125.93N/AN/A1005182,1163,480
2025-01-08$16.71$18.0021.9%5.4%25.6%11.3%15.4%-4.5%10.6%-184.4K3.4M-4.1K3.31128.57N/AN/A1494932,0133,940
2025-01-10$16.48$18.0024.2%12.2%25.7%13.0%3.2%-4.6%-20.8%-75.7K4.3M-2.4K2.60121.29N/AN/A1473822,1154,267
2025-01-13$16.20$18.0021.3%7.5%25.4%10.8%29.2%20.6%1.2%-79.7K4.3M-4.1K7.15119.76N/AN/A654652,2314,436
2025-01-14$16.27$18.0021.9%7.0%25.5%11.3%29.1%13.5%-2.3%-112.6K4.4M-3.6K3.51119.56N/AN/A752632,2574,618
2025-01-15$16.70$18.0015.5%4.4%27.8%6.5%16.1%3.3%3.9%-229.4K4.1M-2.9K2.29116.10N/AN/A1543522,2574,710
2025-01-16$16.56$18.0015.7%4.5%27.6%6.6%15.3%-1.5%38.0%-242.6K4.1M-4.4K4.00112.72N/AN/A542162,3514,750
2025-01-17$16.74$18.0013.7%3.9%28.1%5.1%13.6%-2.8%6.9%-140.2K4.3M-4.1K1.50105.31N/AN/A2023042,3994,812
2025-01-21$16.89$18.0010.5%3.0%23.6%2.7%10.5%-8.9%7.1%-58.3K2.1M-2.9K0.41112.42N/AN/A3631501,1463,098
2025-01-22$17.02$18.0013.3%3.8%23.8%4.8%12.7%57.4%2.3%-125.0K1.5M-2.9K0.70106.90N/AN/A2801961,3223,095
2025-01-23$16.95$17.0011.0%3.1%23.4%3.0%11.0%89.5%5.5%-292.3K2.3M-3.0K1.2577.93N/AN/A971211,3483,178
2025-01-24$16.87$17.0018.5%5.3%23.4%8.7%18.4%1.3%2.5%-128.5K1.9M-5.8K1.4084.55N/AN/A1732431,3903,244
2025-01-27$16.38$17.0012.6%3.6%24.4%4.3%13.1%59.9%-1.9%-80.8K2.8M-4.3K1.5089.61N/AN/A1702551,4843,445
2025-01-28$16.71$17.0018.1%5.2%25.8%8.5%18.5%62.8%1.6%-125.8K2.1M-5.2K0.45112.08N/AN/A82371,5483,536
2025-01-29$16.70$17.007.1%2.0%23.5%0.1%21.8%73.5%5.8%-69.7K2.7M-4.1K0.83115.69N/AN/A1211011,5803,563
2025-01-30$16.66$17.0017.8%5.1%23.3%8.2%17.9%-0.8%0.2%-146.1K2.4M-6.1K0.31117.25N/AN/A217681,5853,588
2025-01-31$16.59$17.0013.6%3.9%23.2%5.0%13.7%56.9%1.0%-60.6K2.7M-4.1K0.71118.22N/AN/A4122931,7203,573