C Options History — June 2024

In June 2024, C traded between $59.05 and $63.11. ATM implied volatility averaged 26.7%, placing in the 40.4% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 6.8% (HV 20d: 19.9%). Max pain ranged from $55.00 to $62.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.49.

Notable Days

  • 2024-06-28: Highest Volume — 163,148 contracts
  • 2024-06-10: Largest IV spike — 7.8% change
  • 2024-06-17: Highest IV Rank — 56.7%
  • 2024-06-26: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.97$59.05$63.11$61.80$63.11
Max Pain$59.74$55.00$62.50$55.00$60.00
ATM IV26.7%23.7%29.4%24.5%26.8%
Expected Move7.8%7.1%8.4%7.4%8.1%
HV 20d19.9%14.9%24.8%17.2%24.8%
HV 60d21.7%20.8%22.8%20.8%22.8%
IV Rank40.4%21.9%56.7%27.1%40.8%
IV Percentile69.3%36.5%89.7%48.4%69.8%
Term Structure0.0%-1.3%2.8%2.5%-0.6%
VWIV27.5%25.1%30.5%25.9%28.4%
Skew 25d1.9%1.1%2.9%1.8%1.7%
Skew 10d4.6%3.1%7.4%4.8%4.1%
Call IV 25d25.9%23.1%28.6%23.7%26.1%
Put IV 25d27.8%24.7%30.5%25.6%27.8%
Bid-Ask Spread %4.251.8734.132.592.77
Gamma HHI0.140.100.240.140.24
Net GEX101.3M63.1M152.1M112.6M132.2M
Net DEX-2.68B-3.39B-1.87B-3.26B-3.24B
Net VEX-24.8M-25.7M-24.3M-24.8M-24.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.190.920.430.20
Total Volume101,956.94745,892163,14894,445163,148
Total OI2,543,765.1582,102,1642,781,2082,552,6012,229,880

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-06-03$61.80$55.0024.5%7.4%17.2%27.1%25.9%1.8%2.5%112.6M-3.26B-24.8M0.432.5965,90528,5401,323,1141,229,487
2024-06-04$61.14$55.0024.3%7.5%15.9%25.6%27.8%1.5%2.1%103.7M-2.96B-24.9M0.552.8363,78534,9611,350,2881,243,335
2024-06-05$61.69$55.0023.7%7.1%15.9%21.9%25.1%1.5%2.5%125.7M-3.25B-24.8M0.372.1633,60612,2861,365,5301,260,897
2024-06-06$61.91$62.5024.4%7.5%15.2%26.4%26.5%1.5%2.8%136.8M-3.39B-24.9M0.392.1169,32026,9631,378,8451,267,160
2024-06-07$61.89$62.5025.1%7.4%14.9%30.5%25.6%1.1%2.6%152.1M-3.36B-24.9M0.1934.1369,70013,4621,405,6251,277,796
2024-06-10$61.28$62.5027.0%7.5%15.1%42.4%26.8%1.5%-1.3%109.3M-3.04B-24.6M0.491.8744,81121,8341,355,7831,260,542
2024-06-11$59.05$62.5028.6%7.9%19.6%52.3%27.7%1.9%-1.3%68.0M-1.87B-25.3M0.532.1194,50950,4831,368,0471,274,679
2024-06-12$60.03$60.0027.7%7.6%20.8%46.4%26.5%1.8%-1.3%100.3M-2.43B-25.0M0.552.3756,08031,0231,400,8271,294,709
2024-06-13$60.30$60.0028.4%7.9%20.6%51.0%27.3%1.5%-1.1%108.6M-2.54B-25.7M0.322.5170,21722,1731,414,8551,304,786
2024-06-14$59.36$60.0028.9%8.1%20.9%53.7%28.3%1.6%-1.2%79.6M-2.10B-25.0M0.672.3269,39646,3001,424,8541,309,425
2024-06-17$59.91$60.0029.4%8.3%21.4%56.7%29.1%2.1%-1.0%88.9M-2.38B-24.8M0.544.0989,44148,2141,397,9561,299,407
2024-06-18$60.92$60.0027.3%7.8%22.2%44.1%27.2%1.9%-0.9%131.5M-2.91B-24.9M0.452.7085,72238,9841,428,5221,320,640
2024-06-20$60.61$60.0027.0%7.8%20.4%42.3%27.1%2.5%-1.0%108.3M-2.73B-24.6M0.442.2873,61632,5991,435,5961,319,576
2024-06-21$59.78$60.0026.7%7.7%20.6%40.3%27.1%2.9%-0.7%94.2M-2.08B-24.8M0.662.1061,34840,1861,453,3321,327,876
2024-06-24$61.69$60.0026.5%7.8%23.6%39.2%27.8%1.9%-0.4%69.6M-2.46B-24.3M0.302.6887,30026,0711,114,683987,481
2024-06-25$61.41$60.0027.0%8.1%23.4%42.5%30.1%2.1%-0.3%70.5M-2.32B-25.0M0.622.6349,11130,4581,133,718999,802
2024-06-26$61.16$60.0027.7%8.4%22.7%46.6%30.5%2.6%-0.4%63.1M-2.28B-24.4M0.703.2252,63336,8871,147,8541,013,909
2024-06-27$61.36$60.0026.3%7.9%22.6%37.7%28.4%2.3%-0.6%70.0M-2.37B-24.6M0.923.2450,12845,9821,169,4011,041,321
2024-06-28$63.11$60.0026.8%8.1%24.8%40.8%28.4%1.7%-0.6%132.2M-3.24B-24.4M0.202.77136,00927,1391,182,6851,047,195