ACTU Options History — September 2007

In September 2007, ACTU traded between $6.38 and $7.02. ATM implied volatility averaged 41.6%, placing in the 10.7% IV rank vs the trailing year. The 30-day expected move averaged 12.1%. IV traded above realized volatility by 4.8% (HV 20d: 36.8%). Max pain ranged from $2.50 to $7.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2007-09-24: Highest Volume — 47 contracts
  • 2007-09-24: Largest IV spike — 51.5% change
  • 2007-09-25: Highest IV Rank — 19.3%
  • 2007-09-25: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.60$6.38$7.02$7.02$6.45
Max Pain$3.29$2.50$7.50$7.50$2.50
ATM IV41.6%31.2%51.8%50.3%37.7%
Expected Move12.1%8.9%14.8%14.4%10.8%
HV 20d36.8%31.6%47.6%47.3%31.6%
HV 60d44.7%43.2%45.8%45.0%43.8%
IV Rank10.7%2.0%19.3%18.0%7.5%
IV Percentile28.4%2.2%66.7%57.1%12.4%
Term Structure5.0%-8.1%22.2%-1.6%13.9%
VWIV41.5%28.9%54.4%28.9%34.6%
Bid-Ask Spread %93.6266.57109.9499.1193.26
Gamma HHI0.750.720.790.790.73
Net GEX10.7K9.3K11.9K11.9K9.5K
Net DEX-351.6K-474.9K-284.0K-474.9K-284.0K
Net VEX-1.2K-1.5K-1.0K-1.4K-1.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.020.000.00
Total Volume10.737047110
Total OI1,423.2631,3861,4581,3861,412

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-09-04$7.02$7.5050.3%14.4%47.3%18.0%0.0%0.0%-1.6%11.9K-474.9K-1.4K0.0099.11N/AN/A1101,280106
2007-09-05$6.94$7.5031.4%9.0%47.6%2.2%28.9%0.0%22.2%11.3K-446.6K-1.5K0.0093.04N/AN/A4001,291106
2007-09-06$6.90$7.5034.0%9.8%43.9%4.4%0.0%0.0%19.0%11.9K-443.3K-1.4K0.0091.91N/AN/A001,323106
2007-09-07$6.63$2.5039.3%14.5%46.6%8.8%0.0%0.0%-2.7%10.5K-378.3K-1.4K0.0092.18N/AN/A001,323106
2007-09-10$6.43$2.5046.8%13.1%41.9%15.1%54.4%0.0%-6.2%9.5K-347.7K-1.3K0.0090.77N/AN/A2101,323106
2007-09-11$6.70$2.5041.5%13.3%40.7%10.6%0.0%0.0%1.1%11.2K-367.7K-1.4K0.0098.56N/AN/A001,329106
2007-09-12$6.63$2.5048.0%12.7%35.3%16.1%35.4%0.0%-6.5%10.8K-377.6K-1.3K0.0093.27N/AN/A011,329106
2007-09-13$6.43$2.5048.5%13.9%35.1%16.5%45.0%0.0%-6.0%9.3K-335.2K-1.3K0.00100.99N/AN/A101,329107
2007-09-14$6.60$2.5041.4%11.9%34.5%10.6%0.0%0.0%-3.8%11.2K-356.3K-1.3K0.0098.83N/AN/A201,330107
2007-09-17$6.54$2.5049.0%14.0%34.7%16.9%40.5%0.0%-8.1%9.8K-361.0K-1.3K0.0091.68N/AN/A011,329107
2007-09-18$6.51$2.5034.8%10.0%32.1%5.0%37.4%0.0%11.6%10.3K-303.9K-1.1K0.00109.94N/AN/A1001,329107
2007-09-19$6.61$2.5031.2%8.9%32.3%2.0%0.0%0.0%17.6%11.3K-303.6K-1.1K0.0091.93N/AN/A201,329107
2007-09-20$6.63$2.5039.7%11.4%31.9%9.1%45.6%0.0%1.0%11.5K-350.6K-1.2K0.0093.08N/AN/A2701,331107
2007-09-21$6.60$2.5034.0%9.7%31.8%4.3%0.0%0.0%17.8%11.5K-316.1K-1.1K0.0092.95N/AN/A501,351107
2007-09-24$6.38$2.5051.4%14.7%33.2%19.0%51.4%0.0%1.1%10.1K-313.4K-1.1K0.0293.19N/AN/A4611,30087
2007-09-25$6.45$2.5051.8%14.8%32.9%19.3%0.0%0.0%-0.2%10.7K-324.8K-1.1K0.0093.26N/AN/A1201,32088
2007-09-26$6.50$2.5039.7%11.4%33.0%9.1%34.6%0.0%12.7%10.6K-307.1K-1.1K0.0094.21N/AN/A2201,32088
2007-09-27$6.46$2.5039.8%11.4%32.2%9.2%0.0%0.0%12.2%9.6K-288.1K-1.0K0.0066.57N/AN/A201,32288
2007-09-28$6.45$2.5037.7%10.8%31.6%7.5%0.0%0.0%13.9%9.5K-284.0K-1.0K0.0093.26N/AN/A001,32488