CME Options History — October 2019

In October 2019, CME traded between $200.75 and $215.87. ATM implied volatility averaged 23.1%, placing in the 47.6% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 0.6% (HV 20d: 22.5%). Max pain ranged from $205.00 to $210.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.66.

Notable Days

  • 2019-10-30: Highest Volume — 6,263 contracts
  • 2019-10-30: Largest IV drop — 13.4% change
  • 2019-10-02: Highest IV Rank — 71.8%
  • 2019-10-08: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$208.94$200.75$215.87$211.42$205.05
Max Pain$209.67$205.00$210.00$210.00$207.50
ATM IV23.1%19.1%26.9%24.3%19.3%
Expected Move6.6%5.7%7.3%6.3%5.7%
HV 20d22.5%16.6%30.8%29.0%22.4%
HV 60d24.2%23.3%25.3%23.3%23.8%
IV Rank47.6%22.3%71.8%55.5%23.3%
IV Percentile83.1%36.1%98.0%96.4%39.3%
Term Structure-0.6%-1.5%0.7%-0.6%0.4%
VWIV22.9%19.5%25.6%22.2%20.6%
Skew 25d4.3%2.9%5.1%4.3%3.5%
Skew 10d9.0%8.0%11.2%8.3%8.1%
Call IV 25d21.3%17.9%24.9%23.1%17.9%
Put IV 25d25.6%21.2%29.7%27.4%21.5%
Bid-Ask Spread %52.5439.6367.4242.9945.56
Gamma HHI0.130.090.190.090.14
Net GEX3.4M-3.2M10.6M-301.3K2.4M
Net DEX-94.9M-208.1M19.7M-91.1M-63.5M
Net VEX-1.2M-1.3M-999.7K-1.3M-1.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.181.700.910.52
Total Volume3,031.7831,2456,2631,8823,861
Total OI64,754.60955,80769,96562,92764,620

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-10-01$211.42$210.0024.3%6.3%29.0%55.5%22.2%4.3%-0.6%-301.3K-91.1M-1.3M0.9142.99N/AN/A98489830,73932,188
2019-10-02$208.54$210.0026.9%7.0%28.6%71.8%24.6%4.8%-0.4%-3.2M-55.7M-1.3M0.8947.52N/AN/A1,04292931,10632,656
2019-10-03$209.19$210.0025.9%7.2%28.6%65.4%24.9%5.1%-0.3%-2.8M-63.1M-1.3M0.2754.34N/AN/A4,6531,24731,68833,040
2019-10-04$215.71$210.0023.7%6.3%30.8%51.5%23.5%4.7%-0.4%10.0M-208.1M-1.3M0.3458.00N/AN/A2,11170835,85533,988
2019-10-07$213.58$210.0024.7%7.1%28.1%57.9%24.1%4.3%0.2%7.6M-164.3M-1.3M0.3444.62N/AN/A92831734,37032,399
2019-10-08$212.83$210.0025.4%7.3%22.0%62.4%25.3%4.8%-0.0%7.2M-158.5M-1.3M1.4854.23N/AN/A54580634,68732,525
2019-10-09$215.05$210.0024.8%6.7%21.3%58.3%25.6%4.2%-1.4%9.6M-188.7M-1.3M1.7064.07N/AN/A5931,00934,78232,991
2019-10-10$215.87$210.0024.5%6.6%20.9%56.4%24.6%4.4%-1.5%10.6M-199.9M-1.3M0.2361.24N/AN/A2,04647934,88733,747
2019-10-11$213.33$210.0023.9%7.0%21.5%53.1%23.8%5.1%-0.4%5.3M-151.5M-1.3M0.5364.43N/AN/A2,2041,15735,46134,041
2019-10-14$212.17$210.0024.1%6.9%21.6%53.9%22.6%4.4%-1.0%5.0M-137.0M-1.3M0.1861.57N/AN/A1,39724934,77433,624
2019-10-15$212.95$210.0023.0%6.6%18.2%47.3%22.2%4.5%-0.6%5.9M-152.2M-1.2M0.5367.42N/AN/A88346735,44933,718
2019-10-16$211.86$210.0022.5%6.4%17.9%43.7%21.5%4.1%-0.8%4.3M-133.2M-1.2M0.9061.06N/AN/A1,4161,26935,58033,818
2019-10-17$213.02$210.0021.9%6.3%16.8%39.8%21.4%4.4%-1.0%7.2M-155.8M-1.2M0.3864.71N/AN/A1,02739335,68733,881
2019-10-18$213.89$210.0021.4%6.3%16.6%37.0%21.0%4.3%-1.5%7.8M-172.9M-1.1M0.9065.14N/AN/A1,4001,25535,94434,021
2019-10-21$206.82$210.0022.4%6.6%20.3%43.0%23.2%4.0%-0.7%1.1M-59.0M-1.1M0.7439.63N/AN/A2,5571,89926,11029,697
2019-10-22$201.76$210.0023.1%6.8%21.9%47.5%22.7%4.3%-0.8%-1.1M13.6M-1.1M0.8542.34N/AN/A1,7171,46627,47731,023
2019-10-23$201.62$210.0022.5%6.6%21.8%44.0%21.7%4.0%-1.3%-2.3M19.7M-1.1M0.4142.03N/AN/A3,5301,44228,03531,490
2019-10-24$203.46$210.0021.9%6.5%21.7%39.9%22.4%4.2%-0.9%-1.5M-15.7M-1.1M0.6044.73N/AN/A1,08664828,41531,439
2019-10-25$200.93$210.0021.8%6.5%21.9%39.0%22.3%3.8%-1.0%-1.1M18.8M-1.0M0.8145.65N/AN/A1,4181,14328,92231,741
2019-10-28$200.75$210.0022.0%6.9%21.5%40.9%23.2%4.1%-0.5%56.9K8.8M-1.0M0.6544.21N/AN/A2,4471,58427,23831,374
2019-10-29$200.83$210.0022.1%6.9%21.5%41.3%23.4%4.3%0.2%888.3K-950.3K-999.7K0.7046.95N/AN/A3,6772,58128,01031,961
2019-10-30$204.88$205.0019.1%5.7%22.5%22.3%19.5%2.9%0.7%5.5M-71.9M-1.1M0.3945.91N/AN/A4,5031,76029,89434,264
2019-10-31$205.05$207.5019.3%5.7%22.4%23.3%20.6%3.5%0.4%2.4M-63.5M-1.0M0.5245.56N/AN/A2,5441,31729,67134,949