C Options History — May 2017

In May 2017, C traded between $59.51 and $62.49. ATM implied volatility averaged 18.3%, placing in the 4.7% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 0.0% (HV 20d: 18.2%). Max pain ranged from $57.50 to $60.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.80.

Notable Days

  • 2017-05-17: Highest Volume — 184,984 contracts
  • 2017-05-17: Largest IV spike — 31.6% change
  • 2017-05-17: Highest IV Rank — 19.3%
  • 2017-05-17: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.88$59.51$62.49$59.65$60.54
Max Pain$58.95$57.50$60.00$59.00$60.00
ATM IV18.3%16.6%21.9%18.8%20.0%
Expected Move5.3%4.8%6.3%5.2%5.7%
HV 20d18.2%16.3%22.2%16.7%20.2%
HV 60d18.6%17.4%20.0%20.0%18.3%
IV Rank4.7%0.0%19.3%0.3%12.2%
IV Percentile5.1%0.0%37.3%0.8%12.3%
Term Structure0.5%-1.2%1.3%-0.0%-0.3%
VWIV18.7%17.1%22.5%18.3%20.0%
Skew 25d2.4%1.9%3.9%2.4%2.0%
Skew 10d5.4%3.7%8.8%4.5%4.7%
Call IV 25d17.3%15.7%20.4%17.6%19.5%
Put IV 25d19.8%18.1%24.2%19.9%21.5%
Bid-Ask Spread %3.321.6912.5212.524.26
Gamma HHI0.130.090.260.110.16
Net GEX88.0M47.6M191.2M59.4M47.6M
Net DEX-1.34B-2.03B-912.7M-1.02B-964.7M
Net VEX-15.3M-15.8M-14.8M-15.3M-15.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.451.420.850.58
Total Volume99,017.09156,172184,98480,969145,280
Total OI1,565,971.0451,486,1181,713,9881,498,7361,574,317

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-05-01$59.65$59.0018.8%5.2%16.7%0.3%18.3%2.4%-0.0%59.4M-1.02B-15.3M0.8512.5243,78337,186812,351686,385
2017-05-02$59.51$59.0018.5%5.3%16.6%0.0%18.7%2.3%0.2%48.2M-912.7M-15.0M0.972.5831,44630,442811,444698,549
2017-05-03$60.23$59.0018.0%5.1%17.2%0.0%17.7%1.9%0.5%70.4M-1.20B-15.1M0.805.4832,06925,599817,952703,038
2017-05-04$60.21$57.5018.0%5.4%17.2%0.2%19.6%2.2%0.1%70.0M-1.19B-15.1M1.072.5344,24747,302820,076707,071
2017-05-05$60.29$57.5017.2%5.3%17.1%0.0%17.9%2.5%0.2%66.6M-1.23B-15.0M1.102.4036,59040,294834,200720,586
2017-05-08$60.46$57.5016.7%5.1%16.9%0.0%17.7%2.0%0.9%77.2M-1.24B-15.2M1.422.1629,42941,827823,896709,520
2017-05-09$60.17$57.5017.6%5.3%16.9%3.3%18.6%2.3%0.7%68.6M-1.10B-15.0M0.953.8137,64435,906828,962719,354
2017-05-10$60.41$57.5017.0%5.2%16.8%1.0%18.3%2.3%1.2%80.0M-1.20B-15.0M1.281.6924,64331,529833,701724,113
2017-05-11$60.70$57.5017.9%5.4%16.6%4.3%18.2%2.3%0.9%91.3M-1.32B-15.2M0.651.9156,33336,749837,755727,862
2017-05-12$61.01$57.5017.2%5.2%16.4%1.9%18.6%2.4%1.3%191.2M-1.51B-14.8M0.861.7639,62634,207848,882733,580
2017-05-15$61.35$57.5016.6%4.8%16.3%0.0%17.4%2.7%1.0%106.1M-1.54B-14.9M0.651.8156,56836,637834,948719,678
2017-05-16$62.49$60.0016.7%4.8%17.2%0.1%17.9%2.8%0.4%123.7M-2.03B-15.2M0.562.08108,72461,225850,955729,692
2017-05-17$60.06$60.0021.9%6.3%22.2%19.3%22.5%3.9%0.4%60.5M-954.8M-15.6M0.953.4595,08989,895903,361751,287
2017-05-18$60.25$60.0020.9%5.9%21.5%15.4%21.0%3.5%1.2%61.0M-992.1M-15.6M0.843.1067,46156,691917,768769,758
2017-05-19$61.03$60.0019.9%5.8%21.2%11.8%19.3%3.2%-1.2%111.0M-1.54B-15.4M0.633.4591,11957,622934,579779,409
2017-05-22$60.95$60.0018.0%5.1%19.2%5.0%18.3%2.6%0.6%72.0M-1.23B-15.3M0.553.6561,24033,664819,982666,136
2017-05-23$61.78$60.0018.0%5.2%19.3%5.1%18.4%2.2%0.8%89.3M-1.55B-15.6M0.463.2262,54628,654847,651676,179
2017-05-24$62.40$60.0017.8%5.1%19.5%4.4%18.0%2.0%0.7%102.7M-1.81B-15.6M0.453.6486,46338,787858,016683,902
2017-05-25$62.01$60.0017.8%5.0%19.0%4.3%18.3%2.0%0.7%113.5M-1.68B-15.8M0.682.1261,80141,719886,116695,757
2017-05-26$62.04$60.0017.6%4.8%18.8%3.5%17.1%2.0%0.6%140.9M-1.69B-15.8M0.552.5354,35230,008892,722704,419
2017-05-30$61.76$60.0019.4%5.4%18.7%10.3%19.3%2.2%-0.5%84.2M-1.47B-15.6M0.732.9543,95432,026874,168681,286
2017-05-31$60.54$60.0020.0%5.7%20.2%12.2%20.0%2.0%-0.3%47.6M-964.7M-15.2M0.584.2691,83353,447882,979691,338