C Options History — June 2017

In June 2017, C traded between $60.96 and $67.19. ATM implied volatility averaged 20.0%, placing in the 13.0% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 1.5% (HV 20d: 18.4%). Max pain ranged from $60.00 to $62.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.53.

Notable Days

  • 2017-06-29: Highest Volume — 273,709 contracts
  • 2017-06-16: Largest IV drop — 8.6% change
  • 2017-06-28: Highest IV Rank — 23.6%
  • 2017-06-28: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.77$60.96$67.19$60.96$67.19
Max Pain$61.59$60.00$62.50$60.00$62.50
ATM IV20.0%18.5%21.4%19.4%19.5%
Expected Move5.8%5.3%6.3%5.6%5.5%
HV 20d18.4%14.0%22.6%19.9%17.0%
HV 60d18.0%17.0%19.1%18.3%18.1%
IV Rank13.0%6.7%23.6%10.3%15.6%
IV Percentile18.9%6.3%39.7%9.1%12.3%
Term Structure0.1%-1.2%1.6%-0.4%-0.5%
VWIV20.6%18.4%22.2%20.0%19.6%
Skew 25d2.7%1.9%3.1%1.9%2.8%
Skew 10d5.5%3.2%8.8%4.6%6.7%
Call IV 25d18.9%17.6%20.2%19.0%18.1%
Put IV 25d21.5%19.7%23.2%20.9%20.9%
Bid-Ask Spread %4.152.5810.843.223.73
Gamma HHI0.160.140.200.140.16
Net GEX111.2M67.3M150.3M67.3M138.3M
Net DEX-2.19B-3.37B-1.17B-1.17B-3.37B
Net VEX-16.1M-16.8M-15.0M-15.4M-16.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.530.340.800.490.58
Total Volume116,685.95573,800273,709106,24097,592
Total OI1,665,244.3641,504,9991,841,7391,626,6811,719,498

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-06-01$60.96$60.0019.4%5.6%19.9%10.3%20.0%1.9%-0.4%67.3M-1.17B-15.4M0.493.2271,52734,713913,762712,919
2017-06-02$61.10$60.0018.9%5.3%19.9%8.4%18.4%2.4%0.2%72.0M-1.24B-15.3M0.485.0472,66035,211933,640723,888
2017-06-05$61.26$60.0018.5%5.6%20.0%6.7%20.3%2.1%1.4%75.0M-1.32B-15.3M0.453.3757,98225,830897,665713,153
2017-06-06$61.03$60.0018.9%6.0%20.0%8.5%22.2%2.2%1.2%68.2M-1.21B-15.0M0.803.4747,94038,445906,205721,293
2017-06-07$62.05$60.0018.8%5.8%20.7%8.1%21.0%2.0%1.4%98.2M-1.67B-15.5M0.413.8570,51129,134912,822736,459
2017-06-08$63.38$60.0018.9%5.9%21.8%8.3%20.8%2.1%1.6%121.3M-2.29B-15.8M0.433.74100,92243,815937,523746,625
2017-06-09$64.52$60.0019.9%5.8%22.5%11.9%20.8%2.6%1.0%133.1M-2.81B-15.7M0.346.38165,87555,949955,571757,192
2017-06-12$64.32$60.0020.8%6.0%22.6%15.4%21.5%3.1%-0.2%131.9M-2.68B-15.7M0.373.00110,95741,296973,995752,806
2017-06-13$64.71$62.5020.2%5.7%22.6%13.0%20.9%2.8%-0.6%149.0M-2.91B-15.7M0.582.5875,82044,0871,010,698770,977
2017-06-14$64.66$62.5020.5%5.7%21.8%14.1%20.7%2.8%-0.6%150.3M-2.82B-16.6M0.5810.8483,85048,7761,028,788789,707
2017-06-15$64.06$62.5020.7%5.7%16.1%15.0%20.1%2.9%-1.2%128.1M-2.53B-16.7M0.543.4653,67129,1721,036,212801,928
2017-06-16$63.81$62.5018.9%5.3%16.3%8.5%18.9%3.1%-0.8%87.7M-2.41B-16.4M0.513.3356,69928,8621,036,978804,761
2017-06-19$64.50$62.5020.1%5.7%16.2%12.8%20.3%2.9%-0.0%108.6M-2.19B-16.3M0.543.7864,96034,863871,637633,362
2017-06-20$64.01$62.5020.1%5.7%16.5%12.7%21.0%2.9%0.2%105.6M-2.00B-16.5M0.804.0742,42434,124902,201643,807
2017-06-21$63.93$62.5019.9%5.7%16.0%11.8%21.0%3.1%0.3%105.3M-1.99B-16.1M0.563.2960,58333,664913,281649,939
2017-06-22$63.60$62.5020.7%5.9%15.9%14.9%20.9%2.4%0.5%99.9M-1.83B-16.7M0.625.1458,18036,192935,897661,780
2017-06-23$63.30$62.5020.7%5.9%15.8%15.0%21.0%2.7%0.1%92.1M-1.70B-16.2M0.564.5347,33826,462956,991677,470
2017-06-26$63.92$62.5020.2%5.8%16.1%13.1%20.1%2.6%-0.1%112.6M-1.95B-16.1M0.363.0757,91920,640919,594664,744
2017-06-27$64.41$62.5021.0%6.0%16.1%15.8%21.3%3.0%-0.3%134.0M-2.14B-16.7M0.713.7677,21354,810932,644663,860
2017-06-28$65.06$62.5021.4%6.3%14.0%23.6%22.0%3.0%-0.6%136.1M-2.51B-16.3M0.483.6782,97039,744961,369683,251
2017-06-29$67.09$62.5020.7%6.1%17.0%22.1%21.2%3.0%-0.6%132.9M-3.35B-16.8M0.424.01193,23080,479967,151701,333
2017-06-30$67.19$62.5019.5%5.5%17.0%15.6%19.6%2.8%-0.5%138.3M-3.37B-16.6M0.583.7361,94835,644993,671725,827