BULL Options History — July 2025

In July 2025, BULL traded between $12.21 and $17.32. ATM implied volatility averaged 104.6%. The 30-day expected move averaged 30.0%. IV traded above realized volatility by 6.9% (HV 20d: 97.7%). Max pain ranged from $11.00 to $15.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.24.

Notable Days

  • 2025-07-18: Highest Volume — 396,746 contracts
  • 2025-07-22: Largest IV spike — 23.1% change
  • 2025-07-23: Largest Expected Move — 43.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.17$12.21$17.32$12.57$14.25
Max Pain$13.07$11.00$15.00$11.00$15.00
ATM IV104.6%81.2%140.8%98.7%105.5%
Expected Move30.0%23.4%43.0%28.5%27.5%
HV 20d97.7%66.7%127.2%66.7%120.1%
HV 60d93.7%91.8%96.0%93.7%94.2%
Term Structure1.2%-12.0%15.4%0.7%0.6%
VWIV112.9%82.7%155.2%102.5%108.9%
Skew 25d-41.0%-73.0%-13.0%-32.6%-58.6%
Skew 10d-82.2%-120.7%-39.9%-89.7%-120.2%
Call IV 25d136.7%99.8%195.4%122.1%159.1%
Put IV 25d95.7%77.3%122.4%89.5%100.5%
Bid-Ask Spread %22.438.4341.3133.9639.61
Gamma HHI0.160.090.290.190.11
Net GEX3.0M1.1M4.8M3.1M2.2M
Net DEX-180.4M-368.6M-85.5M-133.8M-123.5M
Net VEX-784.6K-1.0M-511.6K-511.6K-1.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.130.410.180.16
Total Volume141,777.95546,123396,746154,98895,187
Total OI437,153.227338,483572,970338,483572,970

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$12.57$11.0098.7%28.5%66.7%0.0%102.5%-32.6%0.7%3.1M-133.8M-511.6K0.1833.96N/AN/A131,87023,118254,36184,122
2025-07-02$13.98$11.50106.0%30.7%74.0%0.0%109.9%-39.1%3.9%3.5M-213.5M-587.3K0.1933.00N/AN/A188,68536,005281,09493,654
2025-07-03$14.27$12.50105.0%31.4%74.0%0.0%112.6%-38.0%1.4%2.8M-225.4M-674.8K0.1811.37N/AN/A169,75230,838301,819111,924
2025-07-07$12.71$12.5096.6%27.9%83.3%0.0%108.8%-36.0%-2.2%2.6M-123.7M-655.9K0.2611.80N/AN/A100,54926,402293,30398,230
2025-07-08$12.81$12.5096.7%27.4%82.0%0.0%104.5%-33.0%-1.5%3.0M-131.3M-652.0K0.2413.67N/AN/A47,82211,610305,678106,200
2025-07-09$13.18$12.5093.3%26.9%81.3%0.0%99.9%-24.5%6.1%3.3M-150.7M-671.6K0.2714.66N/AN/A59,64316,299309,784108,500
2025-07-10$12.81$12.5086.0%25.2%82.3%0.0%99.6%-28.8%-2.4%3.0M-126.6M-659.6K0.4119.22N/AN/A32,67213,451310,981111,897
2025-07-11$12.44$12.5086.6%25.0%83.3%0.0%98.1%-35.2%2.1%1.1M-101.1M-635.7K0.3211.49N/AN/A39,74712,565315,138114,354
2025-07-14$12.79$12.5089.4%25.3%82.7%0.0%95.1%-27.7%8.7%2.9M-124.0M-636.9K0.2511.14N/AN/A55,08113,680280,42887,367
2025-07-15$12.21$12.5081.2%23.4%84.2%0.0%82.7%-13.0%15.4%2.9M-98.7M-635.2K0.2410.99N/AN/A53,31912,551302,46092,469
2025-07-16$12.75$12.5087.8%25.2%84.6%0.0%90.7%-29.7%-0.0%3.4M-127.2M-671.7K0.1310.95N/AN/A75,83910,105305,53799,363
2025-07-17$14.16$12.50102.1%29.4%89.9%0.0%99.9%-33.9%-12.0%4.3M-227.3M-727.5K0.198.43N/AN/A158,27730,383324,29499,973
2025-07-18$16.55$12.50121.7%35.5%102.8%0.0%121.2%-48.6%-4.7%3.5M-368.6M-786.6K0.138.74N/AN/A351,05745,689340,798106,814
2025-07-21$14.78$12.50104.9%30.7%113.1%0.0%123.5%-47.2%-2.5%3.5M-203.9M-834.3K0.2030.82N/AN/A175,93535,867311,45389,703
2025-07-22$16.67$12.50129.1%37.5%118.0%0.0%135.0%-60.0%-4.1%3.7M-307.6M-940.0K0.2132.00N/AN/A147,47431,434333,270104,738
2025-07-23$17.32$12.50140.8%43.0%116.7%0.0%155.2%-73.0%-2.5%4.1M-348.4M-995.9K0.3630.59N/AN/A130,46446,883349,001116,991
2025-07-24$16.19$15.00113.5%34.7%119.5%0.0%138.5%-57.9%14.8%3.8M-250.9M-1.0M0.2441.31N/AN/A111,82826,616352,578142,677
2025-07-25$15.97$15.00123.8%35.7%119.8%0.0%132.7%-57.6%2.8%4.8M-220.4M-1.0M0.3121.01N/AN/A125,06039,261362,214156,055
2025-07-28$15.68$15.00121.8%34.3%118.5%0.0%134.3%-49.9%-1.4%2.1M-188.9M-1.0M0.2324.03N/AN/A84,47719,392319,241145,075
2025-07-29$13.73$15.00101.3%27.0%127.2%0.0%117.5%-36.2%5.6%1.3M-85.5M-925.4K0.3636.92N/AN/A135,30748,976340,368155,871
2025-07-30$13.85$15.00108.9%27.4%125.6%0.0%113.5%-41.9%-2.3%1.2M-87.9M-964.4K0.3237.67N/AN/A89,55828,387352,963171,661
2025-07-31$14.25$15.00105.5%27.5%120.1%0.0%108.9%-58.6%0.6%2.2M-123.5M-1.0M0.1639.61N/AN/A82,38412,803384,093188,877