A Options History — July 2024

In July 2024, A traded between $124.77 and $142.09. ATM implied volatility averaged 25.2%, placing in the 30.0% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 2.5% (HV 20d: 22.7%). Max pain ranged from $135.00 to $135.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 1.45.

Notable Days

  • 2024-07-01: Highest Volume — 2,817 contracts
  • 2024-07-31: Largest IV drop — 15.2% change
  • 2024-07-30: Highest IV Rank — 50.8%
  • 2024-07-30: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$131.87$124.77$142.09$127.41$142.09
Max Pain$135.00$135.00$135.00$135.00$135.00
ATM IV25.2%23.2%29.2%25.0%24.8%
Expected Move7.3%6.7%8.4%7.2%7.1%
HV 20d22.7%17.7%26.5%18.4%24.0%
HV 60d31.1%30.5%31.9%31.4%31.0%
IV Rank30.0%19.8%50.8%29.1%28.0%
IV Percentile41.4%18.3%79.0%38.5%36.1%
Term Structure2.4%0.1%5.0%1.1%5.0%
VWIV25.5%23.0%29.5%24.4%24.9%
Skew 25d1.5%0.7%2.3%1.9%1.7%
Skew 10d3.2%0.8%5.1%3.8%3.6%
Call IV 25d24.8%22.9%28.5%23.8%24.1%
Put IV 25d26.4%24.0%30.3%25.7%25.8%
Bid-Ask Spread %77.2670.6985.9771.2278.14
Gamma HHI0.290.140.430.330.14
Net GEX-853.2K-5.4M5.8M-4.4M1.2M
Net DEX475.8K-65.7M77.9M60.5M-56.0M
Net VEX-279.3K-320.2K-235.5K-320.2K-271.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.450.024.801.221.17
Total Volume1,303.8182982,8172,8172,300
Total OI24,286.54514,18830,95226,92219,024

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$127.41$135.0025.0%7.2%18.4%29.1%24.4%1.9%1.1%-4.4M60.5M-320.2K1.2271.22N/AN/A1,2691,54813,24513,677
2024-07-02$125.67$135.0023.2%6.7%18.6%19.8%23.0%1.4%2.4%-4.5M68.8M-303.5K4.8073.72N/AN/A2501,19913,88613,480
2024-07-03$126.59$135.0023.4%6.7%18.9%21.1%25.3%1.5%2.5%-4.7M60.1M-314.8K3.1479.89N/AN/A20163213,95013,469
2024-07-05$126.30$135.0023.8%7.5%17.7%22.9%25.8%2.3%0.2%-4.9M63.6M-302.4K0.3971.72N/AN/A2549914,10413,463
2024-07-08$126.15$135.0024.9%7.6%17.7%28.5%26.0%1.9%0.1%-5.0M64.6M-288.0K0.4270.69N/AN/A2108814,13413,490
2024-07-09$124.77$135.0024.0%7.4%17.9%23.8%26.2%2.0%0.4%-5.4M77.9M-266.7K0.8875.83N/AN/A36231814,25813,519
2024-07-10$126.72$135.0026.6%7.6%19.0%37.2%25.8%2.3%0.5%-5.3M57.1M-288.9K0.0277.02N/AN/A2,2395114,47413,285
2024-07-11$130.93$135.0025.0%7.2%22.7%29.0%24.2%1.4%1.7%-2.2M7.1M-306.2K0.2377.00N/AN/A1,45033014,92913,319
2024-07-12$132.59$135.0024.7%7.1%23.1%27.7%25.6%1.2%1.6%708.2K-19.8M-314.1K4.0374.71N/AN/A3041,22415,87213,323
2024-07-15$131.00$135.0026.3%7.5%22.7%35.8%26.2%1.7%0.8%-2.1M2.0M-290.7K0.8875.80N/AN/A18816615,98813,295
2024-07-16$135.62$135.0026.4%7.6%25.6%36.3%28.2%1.2%0.4%5.8M-65.7M-277.4K2.9778.38N/AN/A4391,30316,00813,627
2024-07-17$133.77$135.0025.7%7.4%25.8%32.4%25.7%1.7%1.5%2.8M-41.4M-279.8K0.6380.95N/AN/A35122016,02014,932
2024-07-18$132.31$135.0025.8%7.4%25.0%33.1%26.2%2.0%1.3%-1.3M-19.1M-266.6K0.3577.94N/AN/A91132216,04014,886
2024-07-19$131.48$135.0025.4%7.3%24.8%31.1%25.0%1.8%3.4%-2.6M-25.3M-238.5K2.7282.16N/AN/A4251,15815,78214,912
2024-07-22$132.94$135.0024.1%6.9%25.1%24.4%24.2%1.1%4.1%932.3K-16.1M-235.5K0.3371.01N/AN/A2,0786937,3196,869
2024-07-23$130.94$135.0023.6%6.8%25.0%22.1%23.5%1.1%5.0%1.5M-15.2M-250.3K1.6877.19N/AN/A3545958,8487,138
2024-07-24$134.03$135.0024.9%7.1%26.5%28.5%25.0%0.8%4.5%1.8M-26.8M-269.5K0.2376.08N/AN/A8792008,9237,507
2024-07-25$136.00$135.0025.1%7.2%26.3%29.4%25.5%0.7%4.8%2.2M-35.9M-268.5K0.7777.73N/AN/A2792169,0617,552
2024-07-26$137.15$135.0025.6%7.3%25.8%32.2%25.5%1.0%4.8%2.3M-40.6M-270.4K0.7882.08N/AN/A4163259,1157,646
2024-07-29$137.46$135.0026.5%7.6%24.7%36.9%26.3%1.2%4.0%2.3M-41.6M-259.4K0.7284.43N/AN/A2241629,1277,762
2024-07-30$139.31$135.0029.2%8.4%24.4%50.8%29.5%1.8%2.7%2.1M-47.6M-262.4K3.5085.97N/AN/A5451,9079,1597,887
2024-07-31$142.09$135.0024.8%7.1%24.0%28.0%24.9%1.7%5.0%1.2M-56.0M-271.3K1.1778.14N/AN/A1,0581,2429,4469,578