ACTU Options History — April 2008

In April 2008, ACTU traded between $3.88 and $4.38. ATM implied volatility averaged 57.2%, placing in the 23.8% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded above realized volatility by 10.0% (HV 20d: 47.2%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.28.

Notable Days

  • 2008-04-22: Highest Volume — 103 contracts
  • 2008-04-18: Largest IV spike — 41.9% change
  • 2008-04-25: Highest IV Rank — 43.0%
  • 2008-04-25: Largest Expected Move — 23.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.05$3.88$4.38$4.38$4.07
Max Pain$2.86$2.50$5.00$5.00$2.50
ATM IV57.2%45.6%80.2%51.5%52.3%
Expected Move15.7%13.1%23.0%14.8%15.0%
HV 20d47.2%28.2%62.7%62.7%28.2%
HV 60d76.5%47.3%81.2%81.2%47.3%
IV Rank23.8%14.1%43.0%19.0%19.6%
IV Percentile62.9%25.4%96.4%52.8%51.2%
Term Structure7.2%-41.1%30.0%26.8%-7.8%
VWIV83.9%78.5%89.4%89.4%78.5%
Bid-Ask Spread %88.2055.07111.6355.2494.23
Gamma HHI0.640.520.770.770.71
Net GEX1.9K1.3K3.5K3.5K2.1K
Net DEX-101.3K-148.3K-75.4K-118.7K-133.4K
Net VEX-626-699-560-659-673
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.001.710.000.00
Total Volume20.9520103016
Total OI1,417.4768791,7731,630997

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-04-01$4.38$5.0051.5%14.8%62.7%19.0%0.0%0.0%26.8%3.5K-118.7K-6590.0055.24N/AN/A001,493137
2008-04-02$4.29$5.0050.6%14.5%62.6%18.3%0.0%0.0%24.0%3.3K-106.0K-6240.0055.24N/AN/A1001,493137
2008-04-03$4.25$5.0054.8%15.7%62.6%21.8%0.0%0.0%18.4%3.1K-108.5K-6310.8055.07N/AN/A25201,493137
2008-04-07$4.11$2.5061.6%15.1%56.5%27.4%0.0%0.0%23.9%1.3K-88.8K-5940.00111.63N/AN/A101,528157
2008-04-08$3.98$2.5073.5%14.6%57.5%37.4%89.4%0.0%13.6%1.3K-75.4K-5600.17110.82N/AN/A59101,529157
2008-04-09$4.08$2.5070.0%14.6%51.4%34.5%0.0%0.0%15.4%1.5K-84.5K-6320.00108.64N/AN/A401,568166
2008-04-10$4.11$2.5067.0%19.2%50.4%31.9%0.0%0.0%-12.3%1.5K-86.8K-6370.0087.77N/AN/A2501,572166
2008-04-11$4.00$2.5070.7%20.3%51.3%35.0%0.0%0.0%-17.4%1.5K-81.7K-6170.0087.11N/AN/A1001,577166
2008-04-14$3.98$2.5045.8%13.1%50.2%14.2%0.0%0.0%30.0%1.4K-85.5K-6280.0090.22N/AN/A2001,587166
2008-04-15$3.96$2.5045.8%13.1%50.2%14.3%0.0%0.0%21.1%1.5K-83.3K-6280.0090.22N/AN/A001,607166
2008-04-16$4.00$2.5050.8%14.6%47.9%18.4%0.0%0.0%21.0%1.6K-83.0K-6260.0091.74N/AN/A101,607166
2008-04-17$3.94$2.5046.6%13.4%40.4%14.9%0.0%0.0%20.8%1.5K-82.7K-6210.0089.52N/AN/A001,606166
2008-04-18$4.00$2.5066.2%19.0%40.9%31.3%78.5%0.0%-9.4%1.6K-80.6K-6200.0090.13N/AN/A1501,606166
2008-04-21$3.97$2.5045.6%13.1%40.5%14.1%0.0%0.0%-1.9%1.7K-102.8K-5931.0097.29N/AN/A101078495
2008-04-22$3.88$2.5049.7%14.2%39.1%17.5%0.0%0.0%-3.1%1.5K-105.7K-5971.7193.36N/AN/A386578495
2008-04-23$3.91$2.5053.5%15.3%39.4%20.7%0.0%0.0%6.4%1.7K-107.9K-6190.0091.73N/AN/A0082297
2008-04-24$3.98$2.5058.3%16.7%40.2%24.7%0.0%0.0%-3.6%1.7K-111.5K-6040.0097.70N/AN/A2082297
2008-04-25$4.00$2.5080.2%23.0%40.3%43.0%0.0%0.0%-41.1%1.7K-118.9K-6280.0094.65N/AN/A29082297
2008-04-28$4.07$2.5055.6%15.9%40.6%22.4%0.0%0.0%16.3%1.8K-132.8K-6560.0091.28N/AN/A60084197
2008-04-29$4.12$2.5050.8%14.6%37.3%18.4%0.0%0.0%10.5%2.1K-148.3K-6991.0068.71N/AN/A5590197
2008-04-30$4.07$2.5052.3%15.0%28.2%19.6%0.0%0.0%-7.8%2.1K-133.4K-6730.0094.23N/AN/A160897100