C Options History — August 2022

In August 2022, C traded between $49.09 and $54.27. ATM implied volatility averaged 28.9%, placing in the 27.7% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 5.1% (HV 20d: 33.9%). Max pain ranged from $52.50 to $52.50. Net GEX was positive for 6 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 0.89.

Notable Days

2022-08-10: Highest Volume — 135,205 contracts
2022-08-22: Largest IV spike — 12.5% change
2022-08-30: Highest IV Rank — 43.8%
2022-08-30: Largest Expected Move — 9.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$51.91	$49.09	$54.27	$51.90	$49.09
Max Pain	$52.50	$52.50	$52.50	$52.50	$52.50
ATM IV	28.9%	25.5%	33.3%	29.2%	32.7%
Expected Move	8.2%	7.3%	9.3%	8.3%	9.2%
HV 20d	33.9%	18.7%	53.6%	53.3%	23.6%
HV 60d	42.4%	39.3%	46.6%	46.6%	40.2%
IV Rank	27.7%	15.2%	43.8%	28.9%	41.8%
IV Percentile	42.4%	16.7%	70.2%	48.0%	67.5%
Term Structure	0.1%	-0.7%	1.5%	-0.5%	0.1%
VWIV	29.0%	25.8%	33.0%	29.9%	32.2%
Skew 25d	5.3%	3.3%	6.7%	5.8%	6.7%
Skew 10d	10.9%	6.8%	13.5%	11.4%	13.5%
Call IV 25d	26.8%	23.9%	30.6%	26.9%	30.0%
Put IV 25d	32.1%	28.0%	37.1%	32.8%	36.7%
Bid-Ask Spread %	2.14	1.34	3.02	2.66	2.78
Gamma HHI	0.08	0.06	0.14	0.06	0.09
Net GEX	-12.5M	-41.5M	14.3M	-7.7M	-33.7M
Net DEX	1.41B	367.2M	2.48B	1.43B	2.48B
Net VEX	-27.9M	-29.9M	-25.6M	-27.6M	-25.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.89	0.48	1.96	0.74	0.61
Total Volume	83,726.217	49,107	135,205	98,392	84,740
Total OI	2,762,896.609	2,650,965	2,881,087	2,650,965	2,801,069

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-08-01	$51.90	$52.50	29.2%	8.3%	53.3%	28.9%	29.9%	5.8%	-0.5%	-7.7M	1.43B	-27.6M	0.74	2.66	56,671	41,721	1,196,886	1,454,079
2022-08-02	$51.13	$52.50	30.4%	8.8%	53.5%	33.4%	30.6%	6.3%	-0.7%	-14.4M	1.71B	-27.2M	0.96	2.25	48,620	46,810	1,209,756	1,462,954
2022-08-03	$51.73	$52.50	28.5%	7.9%	53.5%	26.4%	29.3%	6.0%	-0.5%	-8.5M	1.49B	-27.8M	0.70	2.80	57,756	40,257	1,220,021	1,479,020
2022-08-04	$51.28	$52.50	29.9%	8.2%	53.6%	31.5%	29.8%	5.9%	-0.5%	-13.7M	1.61B	-27.8M	1.07	2.21	54,775	58,523	1,245,452	1,490,966
2022-08-05	$51.64	$52.50	28.0%	8.0%	53.6%	24.4%	29.2%	5.5%	-0.2%	-9.2M	1.49B	-28.4M	0.82	1.83	60,630	49,521	1,255,704	1,519,885
2022-08-08	$51.69	$52.50	28.6%	8.2%	52.9%	26.6%	28.9%	5.3%	-0.1%	-8.3M	1.46B	-28.4M	1.34	1.74	37,946	50,662	1,241,906	1,508,180
2022-08-09	$51.92	$52.50	28.7%	8.2%	52.9%	27.2%	30.1%	4.9%	0.1%	-10.4M	1.39B	-28.5M	1.06	1.80	28,157	29,784	1,247,419	1,531,455
2022-08-10	$53.33	$52.50	27.1%	8.1%	52.8%	21.1%	27.3%	3.9%	1.3%	8.2M	762.9M	-29.3M	0.61	1.93	84,127	51,078	1,254,124	1,536,223
2022-08-11	$53.95	$52.50	27.1%	7.8%	50.3%	21.2%	29.1%	3.9%	0.0%	14.3M	516.7M	-29.9M	0.61	1.72	64,484	39,574	1,267,532	1,547,625
2022-08-12	$54.27	$52.50	26.0%	7.5%	24.2%	17.1%	26.9%	3.3%	0.2%	9.6M	367.2M	-29.6M	0.48	1.63	50,873	24,210	1,280,396	1,559,813
2022-08-15	$54.06	$52.50	26.1%	7.5%	24.3%	17.4%	26.5%	4.2%	1.5%	4.0M	565.1M	-29.1M	0.75	1.56	28,112	20,995	1,255,422	1,537,404
2022-08-16	$54.24	$52.50	25.5%	7.3%	18.7%	15.2%	26.5%	4.4%	1.3%	5.1M	466.1M	-29.1M	0.97	1.96	37,782	36,815	1,261,740	1,543,807
2022-08-17	$53.68	$52.50	27.4%	7.8%	19.1%	22.2%	26.0%	4.7%	-0.7%	1.4M	625.4M	-28.5M	1.96	2.14	20,055	39,405	1,274,934	1,547,308
2022-08-18	$53.59	$52.50	26.1%	7.5%	19.1%	17.7%	25.8%	4.2%	-0.6%	-5.0M	811.6M	-28.9M	0.70	1.95	41,178	28,846	1,277,628	1,574,087
2022-08-19	$52.65	$52.50	27.0%	7.7%	19.6%	21.0%	27.1%	4.8%	0.4%	-5.0M	1.22B	-28.5M	1.52	1.34	40,604	61,668	1,292,185	1,588,902
2022-08-22	$51.14	$52.50	30.4%	8.6%	22.0%	33.4%	29.9%	6.0%	0.4%	-28.8M	1.86B	-27.3M	0.91	2.68	38,049	34,582	1,184,247	1,489,836
2022-08-23	$50.97	$52.50	30.0%	8.4%	21.1%	31.8%	29.4%	5.7%	0.2%	-29.8M	1.87B	-27.2M	0.78	1.60	34,838	27,099	1,203,484	1,492,391
2022-08-24	$51.09	$52.50	29.5%	8.2%	19.1%	30.0%	28.8%	6.0%	0.4%	-28.3M	1.87B	-27.4M	0.62	2.62	31,849	19,861	1,223,267	1,501,970
2022-08-25	$51.98	$52.50	28.5%	7.9%	20.1%	26.2%	27.6%	5.2%	0.2%	-19.7M	1.48B	-28.0M	0.60	2.00	31,152	18,635	1,239,053	1,510,093
2022-08-26	$49.97	$52.50	31.6%	8.8%	24.4%	37.9%	31.1%	6.4%	0.3%	-41.5M	2.28B	-26.4M	0.79	2.80	52,671	41,366	1,248,343	1,516,512
2022-08-29	$49.51	$52.50	32.4%	9.2%	24.5%	40.7%	32.5%	6.4%	-0.1%	-32.5M	2.33B	-26.0M	0.91	2.23	39,989	36,451	1,228,051	1,492,185
2022-08-30	$49.12	$52.50	33.3%	9.3%	24.2%	43.8%	33.0%	6.5%	0.2%	-33.4M	2.46B	-25.6M	0.90	3.02	54,181	48,601	1,245,033	1,508,275
2022-08-31	$49.09	$52.50	32.7%	9.2%	23.6%	41.8%	32.2%	6.7%	0.1%	-33.7M	2.48B	-25.6M	0.61	2.78	52,531	32,209	1,271,874	1,529,195