C Options History — June 2025

In June 2025, C traded between $75.80 and $84.95. ATM implied volatility averaged 27.1%, placing in the 13.9% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 5.3% (HV 20d: 21.8%). Max pain ranged from $67.50 to $75.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.80.

Notable Days

  • 2025-06-26: Highest Volume — 284,722 contracts
  • 2025-06-13: Largest IV spike — 12.1% change
  • 2025-06-20: Highest IV Rank — 21.0%
  • 2025-06-13: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$79.06$75.80$84.95$75.80$84.95
Max Pain$73.50$67.50$75.00$67.50$75.00
ATM IV27.1%23.9%30.6%26.4%28.5%
Expected Move8.2%7.0%9.0%7.4%8.7%
HV 20d21.8%18.7%25.6%25.6%19.6%
HV 60d48.5%48.1%49.6%49.6%48.1%
IV Rank13.9%7.5%21.0%12.5%16.8%
IV Percentile49.5%19.4%76.6%43.3%60.3%
Term Structure0.9%-1.1%4.4%0.1%-0.3%
VWIV29.5%25.0%32.9%25.0%31.3%
Skew 25d3.7%1.8%5.2%4.4%2.4%
Skew 10d8.5%4.4%11.6%9.7%6.8%
Call IV 25d25.5%22.7%29.6%24.5%27.6%
Put IV 25d29.2%25.7%33.3%28.9%30.0%
Bid-Ask Spread %3.002.263.592.452.77
Gamma HHI0.110.090.130.090.13
Net GEX107.1M52.6M194.5M81.4M194.5M
Net DEX-3.00B-4.12B-2.26B-2.34B-4.12B
Net VEX-21.8M-22.5M-21.0M-22.3M-21.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.133.000.610.51
Total Volume86,152.431,064284,72239,592107,744
Total OI1,856,866.251,589,0962,040,3691,852,5401,837,749

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-06-02$75.80$67.5026.4%7.4%25.6%12.5%25.0%4.4%0.1%81.4M-2.34B-22.3M0.612.4524,65514,937899,646952,894
2025-06-03$76.57$67.5025.3%7.0%25.6%10.2%25.1%4.2%0.2%99.1M-2.57B-22.3M0.412.5522,0299,035911,381959,430
2025-06-04$76.57$67.5025.3%7.0%25.4%10.3%25.0%3.8%0.3%101.1M-2.63B-21.9M0.542.2623,23612,527918,595962,460
2025-06-05$76.65$72.5025.7%8.3%25.4%11.2%30.4%4.0%0.2%101.5M-2.60B-22.3M3.002.8324,58873,850921,234965,789
2025-06-06$78.21$72.5024.3%8.2%25.3%8.3%29.4%3.1%0.6%123.3M-3.18B-21.5M0.442.7172,65531,764925,9901,011,201
2025-06-09$78.31$72.5024.2%8.1%24.9%8.1%29.8%3.3%4.1%104.3M-3.14B-21.5M1.102.9731,86135,014913,887969,084
2025-06-10$77.92$75.0023.9%8.1%19.2%7.5%29.2%3.1%4.1%99.2M-2.99B-21.8M1.353.0717,98324,298919,410989,900
2025-06-11$78.36$75.0024.5%8.2%18.9%8.7%32.9%3.2%4.0%104.6M-3.13B-21.5M1.383.1026,14736,026925,7841,004,100
2025-06-12$78.11$75.0025.2%8.2%18.7%10.1%29.3%3.5%4.3%100.4M-2.99B-22.0M0.902.5816,63114,955931,5541,013,820
2025-06-13$76.13$75.0028.3%9.0%20.8%16.3%30.7%4.4%4.4%52.6M-2.26B-22.4M1.143.4634,05538,780932,9781,018,680
2025-06-16$78.02$75.0027.6%8.2%22.5%14.8%28.4%4.2%-0.6%90.3M-2.99B-21.2M0.873.2824,33821,182917,1291,010,775
2025-06-17$77.32$75.0029.6%8.6%22.7%19.0%32.9%4.9%-0.3%81.3M-2.65B-21.8M0.913.5919,91918,093922,3981,020,722
2025-06-18$78.28$75.0030.5%8.7%23.0%20.7%30.7%5.2%-1.1%92.3M-3.01B-21.7M0.133.59102,54013,812924,8161,026,942
2025-06-20$78.50$75.0030.6%8.8%19.8%21.0%30.3%4.9%-0.1%74.2M-3.19B-22.0M0.532.7233,95617,8911,010,5151,029,854
2025-06-23$79.28$75.0029.1%8.5%20.0%17.9%29.9%4.3%-0.4%93.1M-2.29B-21.3M0.423.1342,98118,242786,950802,146
2025-06-24$81.38$75.0027.2%8.1%21.1%14.1%28.3%3.3%-0.2%122.5M-2.93B-21.1M0.523.1078,12740,453797,298808,782
2025-06-25$82.51$75.0027.3%8.2%19.1%14.3%29.7%3.5%-0.3%129.2M-3.28B-21.0M0.473.3076,55335,673820,841832,350
2025-06-26$84.23$75.0028.8%8.7%19.5%17.4%30.5%2.3%-0.6%138.3M-3.83B-21.6M0.343.02213,08871,634844,714845,766
2025-06-27$84.11$75.0029.4%8.9%19.7%18.5%31.7%1.8%-0.6%157.8M-3.90B-22.5M0.453.43139,03662,760962,282887,479
2025-06-30$84.95$75.0028.5%8.7%19.6%16.8%31.3%2.4%-0.3%194.5M-4.12B-21.8M0.512.7771,46536,279963,243874,506