ACTU Options History — May 2007

In May 2007, ACTU traded between $5.91 and $6.59. ATM implied volatility averaged 43.9%. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 5.7% (HV 20d: 38.2%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 1.42.

Notable Days

  • 2007-05-07: Highest Volume — 177 contracts
  • 2007-05-24: Largest IV spike — 46.6% change
  • 2007-05-31: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.27$5.91$6.59$5.91$6.20
Max Pain$5.80$5.00$7.50$5.00$7.50
ATM IV43.9%28.8%62.6%47.9%59.3%
Expected Move11.8%8.3%17.0%13.7%17.0%
HV 20d38.2%31.7%42.5%36.6%31.7%
HV 60d33.0%31.5%34.0%32.2%31.5%
Term Structure3.6%-22.8%22.2%-14.2%-22.8%
VWIV46.9%37.0%57.2%46.3%55.0%
Bid-Ask Spread %31.3013.1989.2415.0414.60
Gamma HHI0.860.500.990.510.97
Net GEX1.9K-2192.8K-2192.8K
Net DEX-151.3K-194.4K-88.4K-88.4K-152.8K
Net VEX-645-870-289-289-696
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.420.0026.670.000.00
Total Volume36.40901772136
Total OI754.682499909499909

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-05-01$5.91$5.0047.9%13.7%36.6%0.0%46.3%0.0%-14.2%-219-88.4K-2890.0015.04N/AN/A210284215
2007-05-02$5.99$5.0052.9%15.2%35.8%0.0%52.9%0.0%-17.2%-81-106.2K-3000.0016.49N/AN/A190305215
2007-05-03$6.15$5.0058.0%16.6%36.1%0.0%57.2%0.0%-19.4%335-99.0K-3980.0015.89N/AN/A350299215
2007-05-04$6.25$5.0062.6%11.1%35.9%0.0%0.0%0.0%-3.1%364-98.5K-4120.0088.60N/AN/A160292215
2007-05-07$6.46$5.0044.5%9.7%37.0%0.0%43.8%0.0%14.4%661-113.3K-4240.0089.24N/AN/A1770305215
2007-05-08$6.57$5.0043.7%11.7%36.9%0.0%0.0%0.0%17.2%1.4K-177.4K-5890.0059.83N/AN/A460443215
2007-05-09$6.59$5.0050.4%9.0%36.9%0.0%37.6%0.0%18.8%1.5K-175.8K-5910.0060.44N/AN/A1580437215
2007-05-10$6.27$5.0033.8%9.7%42.5%0.0%0.0%0.0%14.1%2.2K-180.5K-7260.0060.66N/AN/A580548215
2007-05-11$6.25$5.0042.5%12.2%42.4%0.0%0.0%0.0%20.6%2.5K-187.2K-7680.0088.60N/AN/A00596215
2007-05-14$6.27$5.0033.6%9.6%41.6%0.0%37.0%0.0%17.8%2.5K-194.4K-7670.2513.38N/AN/A205596215
2007-05-15$6.21$5.0041.1%11.8%41.9%0.0%0.0%0.0%-5.8%2.4K-180.7K-8000.0014.29N/AN/A150611220
2007-05-16$6.34$5.0028.8%8.3%42.2%0.0%0.0%0.0%22.1%2.5K-185.9K-7970.0015.46N/AN/A100608220
2007-05-17$6.28$5.0033.0%9.5%40.1%0.0%0.0%0.0%20.5%2.5K-188.5K-7940.0013.38N/AN/A40608220
2007-05-18$6.32$5.0034.6%9.9%39.9%0.0%0.0%0.0%22.2%2.6K-193.4K-7530.0014.34N/AN/A10608220
2007-05-21$6.43$5.0029.6%8.5%39.6%0.0%45.4%0.0%20.1%2.5K-176.1K-78926.6713.19N/AN/A380569219
2007-05-22$6.45$7.5029.8%8.5%39.3%0.0%0.0%0.0%18.7%2.5K-130.4K-7880.0014.53N/AN/A490566294
2007-05-23$6.41$7.5032.9%9.4%39.4%0.0%0.0%0.0%15.2%2.6K-144.5K-8700.0016.13N/AN/A20615294
2007-05-24$6.15$7.5048.2%13.8%41.5%0.0%0.0%0.0%-14.8%2.5K-127.5K-6730.0015.89N/AN/A00615294
2007-05-25$6.14$7.5049.8%14.3%35.3%0.0%0.0%0.0%-12.1%2.5K-144.3K-6790.0015.89N/AN/A00615270
2007-05-29$6.14$7.5055.1%15.8%34.6%0.0%55.0%0.0%-20.2%2.6K-137.1K-6400.0017.50N/AN/A40615270
2007-05-30$6.20$7.5053.3%15.3%32.0%0.0%0.0%0.0%-13.1%2.6K-147.1K-6380.0015.18N/AN/A420618270
2007-05-31$6.20$7.5059.3%17.0%31.7%0.0%0.0%0.0%-22.8%2.8K-152.8K-6960.0014.60N/AN/A360639270