C Options History — April 2024

In April 2024, C traded between $56.89 and $63.39. ATM implied volatility averaged 27.2%, placing in the 43.3% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 4.4% (HV 20d: 22.8%). Max pain ranged from $55.00 to $57.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.52.

Notable Days

2024-04-12: Highest Volume — 350,623 contracts
2024-04-12: Largest IV drop — 6.3% change
2024-04-04: Highest IV Rank — 73.0%
2024-04-03: Largest Expected Move — 9.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$60.90	$56.89	$63.39	$63.39	$61.56
Max Pain	$57.16	$55.00	$57.50	$55.00	$57.50
ATM IV	27.2%	23.7%	32.0%	28.8%	24.3%
Expected Move	7.8%	6.9%	9.4%	8.6%	7.3%
HV 20d	22.8%	16.7%	27.5%	16.7%	27.4%
HV 60d	22.9%	22.0%	24.8%	22.1%	22.4%
IV Rank	43.3%	22.0%	73.0%	52.2%	25.5%
IV Percentile	63.0%	30.2%	93.7%	81.0%	38.1%
Term Structure	-0.8%	-1.7%	0.4%	-1.3%	0.1%
VWIV	27.2%	24.3%	33.0%	30.1%	25.8%
Skew 25d	1.5%	0.5%	2.7%	1.2%	0.7%
Skew 10d	2.8%	1.5%	4.3%	2.4%	1.7%
Call IV 25d	26.4%	23.2%	31.2%	27.9%	24.1%
Put IV 25d	27.9%	24.3%	32.8%	29.2%	24.8%
Bid-Ask Spread %	2.44	1.62	5.19	2.33	2.17
Gamma HHI	0.13	0.08	0.52	0.11	0.12
Net GEX	128.1M	39.6M	339.5M	104.7M	166.3M
Net DEX	-3.99B	-5.29B	-1.82B	-5.29B	-4.29B
Net VEX	-24.0M	-25.9M	-21.3M	-21.3M	-25.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.52	0.19	0.97	0.25	0.45
Total Volume	178,138.545	64,262	350,623	151,987	82,795
Total OI	2,707,194.636	2,431,163	2,988,278	2,431,163	2,891,464

Daily Data (22 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
2024-04-01	$63.39	$55.00	28.8%	8.6%	16.7%	52.2%	30.1%	1.2%	-1.3%	104.7M	-5.29B	-21.3M	0.25	2.33	121,219	30,768	1,352,029	1,079,134
2024-04-02	$62.83	$55.00	29.3%	8.9%	17.5%	55.7%	31.1%	0.9%	-1.5%	121.6M	-5.06B	-21.9M	0.28	2.26	117,733	33,467	1,378,069	1,091,169
2024-04-03	$61.66	$55.00	30.4%	9.4%	19.2%	63.0%	33.0%	1.6%	-1.5%	126.7M	-4.39B	-23.1M	0.24	3.10	175,578	42,738	1,419,373	1,112,919
2024-04-04	$60.88	$57.50	32.0%	8.5%	18.9%	73.0%	30.0%	1.5%	-1.6%	117.3M	-4.03B	-23.3M	0.64	2.83	110,780	70,927	1,453,774	1,125,556
2024-04-05	$61.56	$57.50	30.9%	8.2%	19.0%	66.1%	29.1%	1.4%	-1.7%	106.0M	-4.41B	-23.0M	0.59	1.89	86,971	51,064	1,481,335	1,162,027
2024-04-08	$61.78	$57.50	30.3%	8.2%	18.9%	62.6%	28.6%	1.8%	-1.5%	106.8M	-4.50B	-22.6M	0.49	1.62	43,089	21,173	1,402,080	1,133,312
2024-04-09	$61.53	$57.50	30.5%	8.2%	18.9%	63.4%	28.8%	1.7%	-1.7%	103.2M	-4.38B	-22.1M	0.27	1.84	63,374	17,227	1,409,164	1,141,576
2024-04-10	$60.25	$57.50	31.1%	8.5%	20.8%	67.2%	29.7%	2.7%	-0.7%	94.5M	-3.78B	-22.5M	0.92	2.87	106,601	98,023	1,423,211	1,150,206
2024-04-11	$60.88	$57.50	29.2%	8.1%	21.0%	55.9%	28.3%	0.9%	-0.5%	105.3M	-4.00B	-24.3M	0.97	5.19	132,882	129,187	1,466,868	1,218,460
2024-04-12	$59.73	$57.50	27.4%	7.7%	21.4%	44.6%	26.7%	1.7%	-1.0%	76.3M	-3.25B	-24.6M	0.55	1.95	225,594	125,029	1,516,110	1,283,494
2024-04-15	$58.44	$57.50	27.1%	7.7%	22.6%	42.7%	26.9%	2.0%	-0.9%	62.7M	-2.67B	-24.4M	0.41	2.06	127,406	52,093	1,456,227	1,273,356
2024-04-16	$56.89	$57.50	26.0%	7.4%	23.8%	36.0%	25.8%	2.1%	-0.1%	39.6M	-1.82B	-24.6M	0.91	2.29	110,699	100,243	1,491,781	1,284,422
2024-04-17	$58.34	$57.50	26.2%	7.5%	25.6%	37.2%	26.5%	1.9%	-1.0%	65.4M	-2.65B	-25.3M	0.81	2.20	106,571	86,166	1,522,260	1,316,132
2024-04-18	$58.44	$57.50	25.3%	7.3%	24.1%	31.6%	25.0%	1.8%	-0.7%	66.2M	-2.72B	-25.2M	0.72	1.92	108,279	78,488	1,553,306	1,345,993
2024-04-19	$59.02	$57.50	24.9%	7.1%	23.2%	29.6%	25.1%	2.3%	0.4%	339.5M	-3.20B	-25.0M	0.87	1.87	77,780	67,596	1,597,578	1,390,700
2024-04-22	$60.77	$57.50	24.3%	7.1%	25.6%	25.7%	24.9%	1.1%	-0.6%	91.7M	-3.78B	-24.7M	0.49	2.60	136,583	67,307	1,390,618	1,256,655
2024-04-23	$62.52	$57.50	24.2%	7.0%	27.5%	24.9%	24.8%	0.9%	-0.5%	153.2M	-4.84B	-24.8M	0.37	2.31	179,990	66,774	1,457,180	1,278,502
2024-04-24	$62.61	$57.50	23.7%	6.9%	27.2%	22.0%	24.3%	1.5%	-0.3%	183.5M	-4.85B	-24.9M	0.32	2.67	87,306	28,265	1,489,989	1,309,558
2024-04-25	$61.89	$57.50	23.9%	6.9%	27.1%	23.4%	24.9%	1.5%	-0.6%	158.5M	-4.43B	-24.7M	0.49	2.45	61,663	30,390	1,497,202	1,316,574
2024-04-26	$62.72	$57.50	23.9%	7.0%	27.2%	23.1%	24.3%	0.5%	-0.4%	277.3M	-4.93B	-24.6M	0.27	2.69	200,519	53,461	1,513,332	1,321,937
2024-04-29	$62.02	$57.50	24.6%	7.3%	27.4%	27.6%	25.7%	0.9%	0.1%	152.8M	-4.57B	-25.9M	0.19	2.53	172,032	33,218	1,524,081	1,279,569
2024-04-30	$61.56	$57.50	24.3%	7.3%	27.4%	25.5%	25.8%	0.7%	0.1%	166.3M	-4.29B	-25.8M	0.45	2.17	57,155	25,640	1,591,614	1,299,850