YMAX Options History — August 2025

In August 2025, YMAX traded between $12.54 and $13.34. ATM implied volatility averaged 14.1%, placing in the 11.9% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded below realized volatility by 4.6% (HV 20d: 18.7%). Max pain ranged from $13.00 to $15.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.94.

Notable Days

  • 2025-08-01: Highest Volume — 1,108 contracts
  • 2025-08-11: Largest IV spike — 109.2% change
  • 2025-08-11: Highest IV Rank — 29.7%
  • 2025-08-12: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.00$12.54$13.34$13.09$12.71
Max Pain$14.00$13.00$15.00$14.00$14.00
ATM IV14.1%8.6%25.9%22.8%10.9%
Expected Move4.2%2.5%6.8%6.5%3.1%
HV 20d18.7%16.3%21.8%16.3%17.6%
HV 60d18.0%17.1%19.1%18.7%17.9%
IV Rank11.9%3.5%29.7%25.0%6.9%
IV Percentile30.5%3.2%84.9%73.8%13.9%
Term Structure-1.7%-24.2%6.7%-4.0%1.9%
VWIV18.0%5.1%32.0%22.8%23.3%
Skew 25d49.0%-15.3%148.6%3.0%133.5%
Skew 10d88.4%-15.3%194.1%4.7%176.0%
Call IV 25d67.2%11.8%163.9%19.8%78.3%
Put IV 25d116.1%11.3%211.9%22.8%211.9%
Bid-Ask Spread %86.1774.2993.0388.1687.35
Gamma HHI0.640.360.970.640.42
Net GEX-257.2K-842.9K-58.7K-246.5K-84.3K
Net DEX3.2M1.7M4.1M3.2M4.1M
Net VEX-4.2K-8.4K-2.1K-5.7K-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.940.195.181.400.19
Total Volume484.9051111,1081,108420
Total OI10,453.2869,28011,09010,06910,670

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$13.09$14.0022.8%6.5%16.3%25.0%22.8%3.0%-4.0%-246.5K3.2M-5.7K1.4088.16N/AN/A4616474,2785,791
2025-08-04$13.34$15.0015.8%5.9%17.9%14.4%27.1%47.8%-4.5%-183.3K2.4M-3.7K1.2690.13N/AN/A1301644,2985,887
2025-08-05$13.27$15.0017.2%6.2%17.9%16.5%13.5%30.8%-24.2%-58.7K2.3M-3.4K0.2682.87N/AN/A266694,3745,940
2025-08-06$13.27$14.0012.2%3.1%17.2%8.9%6.7%0.9%-3.9%-107.9K2.4M-2.8K4.0893.03N/AN/A1465954,4375,938
2025-08-07$13.14$14.0013.1%6.1%17.5%10.4%30.7%-15.3%1.3%-440.4K3.3M-8.4K1.4887.95N/AN/A1602374,2896,090
2025-08-08$13.14$14.0012.4%3.6%17.5%9.2%19.0%8.1%2.3%-204.4K3.0M-2.7K1.1088.87N/AN/A1131244,3116,033
2025-08-11$13.07$14.0025.9%3.6%17.1%29.7%12.4%12.8%2.9%-596.8K3.7M-2.6K2.1884.73N/AN/A962094,3506,303
2025-08-12$13.18$14.0016.3%6.8%17.4%15.2%22.6%-13.4%-14.3%-92.5K2.6M-4.8K1.6692.94N/AN/A1332214,3856,380
2025-08-13$13.27$14.0010.8%3.1%17.4%6.9%7.0%18.9%-5.5%-299.0K3.0M-4.7K1.0590.03N/AN/A4294524,4376,431
2025-08-14$13.11$14.0013.3%3.8%17.7%10.6%14.6%29.5%1.9%-549.0K3.6M-3.9K5.1891.10N/AN/A623214,3796,543
2025-08-15$13.11$14.0010.3%3.0%17.7%6.1%10.9%-0.5%-0.1%-842.9K3.5M-3.8K3.5376.32N/AN/A1174134,3916,699
2025-08-18$13.14$14.008.6%2.5%17.7%3.5%24.2%4.4%-5.5%-459.8K1.7M-3.8K0.7678.14N/AN/A4663544,0845,196
2025-08-19$12.82$13.0014.5%4.2%19.2%12.5%13.0%106.4%3.3%-186.8K2.7M-4.2K2.7974.29N/AN/A2426744,4985,492
2025-08-20$12.76$13.0010.6%3.0%19.2%6.5%5.1%37.0%4.2%-132.8K3.5M-3.5K3.3985.12N/AN/A1846244,6845,853
2025-08-21$12.54$14.0012.1%3.5%19.4%8.9%32.0%23.9%-0.6%-63.3K4.0M-2.1K4.1386.25N/AN/A823394,2066,112
2025-08-22$12.84$14.0010.0%2.9%21.7%5.5%11.2%80.3%6.7%-230.5K3.6M-5.0K1.4484.08N/AN/A1211744,2476,148
2025-08-25$12.77$14.0019.8%5.7%21.7%20.4%19.9%111.3%-5.0%-153.3K3.1M-5.9K2.0188.74N/AN/A1372764,2766,225
2025-08-26$12.79$14.0010.3%3.0%21.6%6.1%31.9%136.9%4.1%-71.9K4.0M-4.2K1.5888.79N/AN/A43684,3556,245
2025-08-27$12.84$14.0017.5%5.0%21.8%17.1%18.4%123.1%-0.4%-205.7K3.3M-5.9K0.3485.63N/AN/A189654,3746,256
2025-08-28$12.79$14.0012.5%3.6%21.7%9.5%12.6%148.6%4.0%-191.4K3.4M-5.5K0.9084.99N/AN/A84764,3586,276
2025-08-29$12.71$14.0010.9%3.1%17.6%6.9%23.3%133.5%1.9%-84.3K4.1M-2.5K0.1987.35N/AN/A354664,3626,308