YMAX Options History — April 2025

In April 2025, YMAX traded between $11.54 and $13.71. ATM implied volatility averaged 34.5%, placing in the 21.3% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded below realized volatility by 22.3% (HV 20d: 56.7%). Max pain ranged from $13.00 to $14.00. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.18.

Notable Days

  • 2025-04-04: Highest Volume — 1,638 contracts
  • 2025-04-03: Largest IV spike — 53.8% change
  • 2025-04-08: Highest IV Rank — 49.8%
  • 2025-04-08: Largest Expected Move — 18.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.73$11.54$13.71$13.50$13.16
Max Pain$13.67$13.00$14.00$14.00$13.00
ATM IV34.5%19.6%72.2%22.9%21.3%
Expected Move9.5%3.9%18.6%3.9%6.1%
HV 20d56.7%40.2%63.0%40.4%61.6%
HV 60d40.6%30.2%44.3%30.2%44.3%
IV Rank21.3%10.1%49.8%12.5%11.3%
IV Percentile80.1%56.0%98.4%71.2%61.5%
Term Structure0.5%-12.9%52.1%-12.9%2.7%
VWIV34.3%15.6%61.7%41.6%22.8%
Skew 25d34.8%-28.8%106.6%-28.8%100.6%
Skew 10d87.4%7.6%174.7%61.3%174.7%
Call IV 25d32.0%14.9%72.1%37.0%16.8%
Put IV 25d66.8%8.2%129.4%8.2%117.4%
Bid-Ask Spread %82.8263.20107.89101.4465.05
Gamma HHI0.260.130.440.440.28
Net GEX-25.4K-105.7K17.8K-82.7K1.2K
Net DEX3.2M1.1M5.2M4.0M1.4M
Net VEX-6.5K-9.1K-3.0K-5.8K-6.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.316.010.500.55
Total Volume554.191351,638135331
Total OI8,730.1436,28310,9618,5697,352

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$13.50$14.0022.9%3.9%40.4%12.5%41.6%-28.8%-12.9%-82.7K4.0M-5.8K0.50101.44N/AN/A90453,2035,366
2025-04-02$13.71$14.0024.2%8.6%40.2%13.5%31.5%4.7%-6.7%-105.7K3.6M-4.0K6.01101.55N/AN/A1016073,2565,342
2025-04-03$12.69$14.0037.2%6.9%45.5%23.3%15.6%38.8%6.7%-91.8K4.7M-7.6K0.97107.89N/AN/A3973853,0685,673
2025-04-04$12.09$14.0052.0%15.9%47.5%34.5%59.7%34.9%-7.6%-74.2K5.2M-5.3K0.69107.04N/AN/A9726663,2535,812
2025-04-07$11.86$14.0070.7%17.1%43.9%48.7%55.3%2.3%-8.5%-52.9K4.9M-7.0K0.83104.32N/AN/A8326903,7205,853
2025-04-08$11.54$14.0072.2%18.6%43.5%49.8%61.7%19.3%-6.4%-40.5K4.7M-8.2K2.1392.46N/AN/A1543284,2065,853
2025-04-09$12.87$14.0040.3%11.5%60.2%25.7%40.4%-2.2%6.9%-63.1K3.8M-7.4K0.58100.92N/AN/A3131814,2485,911
2025-04-10$12.21$14.0043.2%12.4%62.0%27.9%45.1%19.0%4.5%-49.5K4.2M-9.1K0.32104.34N/AN/A3651184,3935,931
2025-04-11$12.63$14.0055.2%15.8%62.3%37.0%52.8%14.4%-2.5%-37.8K3.9M-8.3K0.3189.61N/AN/A3821204,6255,949
2025-04-14$12.82$14.0033.3%9.5%62.4%20.4%37.1%11.8%1.9%2.5K3.6M-7.2K0.4388.71N/AN/A190824,9775,971
2025-04-15$12.82$14.0030.0%8.6%62.2%17.9%36.4%10.8%-2.6%-2.1K3.7M-5.4K1.1676.02N/AN/A1601864,9425,993
2025-04-16$12.46$14.0024.9%7.1%61.9%14.1%21.4%-1.9%3.1%-5.0K4.2M-5.8K1.8271.90N/AN/A2214024,9566,005
2025-04-17$12.46$14.0024.2%6.9%61.9%13.5%21.7%22.3%52.1%9.6K4.5M-5.0K3.5371.24N/AN/A873074,7705,885
2025-04-21$12.25$14.0028.3%8.1%62.0%16.6%28.5%63.9%-4.6%-5.8K1.9M-6.7K0.3463.20N/AN/A292983,1913,092
2025-04-22$12.62$13.0019.6%5.6%62.1%10.1%26.1%13.4%2.9%6.4K2.0M-3.0K0.8164.79N/AN/A1391123,3393,134
2025-04-23$12.91$13.0027.2%7.8%62.9%15.8%27.4%106.6%-4.6%13.6K1.5M-7.1K0.3665.91N/AN/A6532323,3533,177
2025-04-24$13.05$13.0022.3%6.4%62.9%12.1%23.0%100.1%2.1%2.9K1.2M-8.9K0.3367.28N/AN/A180603,4233,291
2025-04-25$13.19$13.0027.7%7.9%63.0%16.2%27.0%85.2%-10.3%7.7K1.3M-5.3K1.0165.97N/AN/A1191203,4723,319
2025-04-28$13.24$13.0025.2%7.2%61.5%14.3%25.1%69.9%-2.3%15.3K1.1M-6.8K0.5364.88N/AN/A3451823,5453,389
2025-04-29$13.33$13.0022.0%6.3%61.6%11.9%20.2%45.9%-4.3%17.8K1.1M-7.1K1.5164.72N/AN/A1572373,6083,487
2025-04-30$13.16$13.0021.3%6.1%61.6%11.3%22.8%100.6%2.7%1.2K1.4M-6.1K0.5565.05N/AN/A2141173,7133,639