COPX Options History — February 2012

In February 2012, COPX traded between $44.16 and $47.34. ATM implied volatility averaged 28.7%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 2.5% (HV 20d: 26.2%). Max pain ranged from $31.98 to $43.98. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-02-06: Highest Volume — 7 contracts
  • 2012-02-02: Largest IV spike — 28.0% change
  • 2012-02-06: Highest IV Rank — 16.1%
  • 2012-02-06: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.63$44.16$47.34$45.84$45.51
Max Pain$35.43$31.98$43.98$43.98$31.98
ATM IV28.7%22.8%34.1%24.7%24.3%
Expected Move8.1%6.5%9.7%7.1%7.0%
HV 20d26.2%23.7%28.4%25.9%23.9%
HV 60d42.9%37.5%46.7%46.5%37.6%
IV Rank12.1%7.8%16.1%9.2%8.9%
IV Percentile25.5%7.9%44.0%9.5%10.3%
Term Structure41.7%2.0%82.0%13.7%6.8%
VWIV18.8%18.8%18.8%18.8%18.8%
Skew 25d4.8%-1.4%11.6%6.7%0.9%
Skew 10d5.9%1.0%8.6%7.6%1.0%
Call IV 25d24.3%20.0%29.1%23.2%25.9%
Put IV 25d29.1%24.7%36.0%29.9%26.8%
Bid-Ask Spread %107.4365.60122.81118.12109.87
Gamma HHI0.450.290.560.290.55
Net GEX1.7K1.4K2.2K1.7K2.0K
Net DEX-40.9K-76.2K-28.4K-69.9K-32.9K
Net VEX-67-93-49-93-49
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.60700
Total OI17.516242416

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-02-01$45.84$43.9824.7%7.1%25.9%9.2%0.0%6.7%13.7%1.7K-69.9K-930.00118.12N/AN/A00240
2012-02-02$46.38$43.9831.6%9.1%25.9%14.2%0.0%3.2%2.0%1.7K-72.5K-910.00122.81N/AN/A30240
2012-02-03$47.34$34.9832.0%6.8%25.5%14.6%0.0%8.9%54.0%1.7K-76.2K-850.00109.45N/AN/A10230
2012-02-06$46.77$34.9834.1%9.7%25.7%16.1%0.0%11.6%35.5%1.6K-70.7K-810.00105.00N/AN/A70230
2012-02-07$45.84$34.9828.3%7.0%27.2%11.8%0.0%10.1%56.2%1.5K-36.1K-770.00105.62N/AN/A00160
2012-02-08$45.90$34.9828.5%9.3%25.7%12.0%0.0%8.2%40.4%1.5K-36.5K-760.00102.97N/AN/A00160
2012-02-09$46.41$34.9830.5%8.8%25.7%13.5%0.0%9.9%40.7%1.6K-37.8K-740.00106.20N/AN/A00160
2012-02-10$44.94$34.9832.6%9.3%27.9%15.0%0.0%3.3%38.8%1.5K-31.9K-690.00105.63N/AN/A00160
2012-02-13$45.27$34.9833.2%9.5%27.6%15.4%0.0%3.5%37.8%1.6K-33.0K-670.00106.63N/AN/A00160
2012-02-14$44.40$34.9831.3%9.0%28.4%14.1%0.0%0.3%43.1%1.4K-29.3K-620.00107.61N/AN/A00160
2012-02-15$44.16$34.9832.0%9.2%26.6%14.6%0.0%4.6%43.6%1.4K-28.4K-590.00109.83N/AN/A00160
2012-02-16$44.64$34.9833.4%9.6%26.6%15.6%18.8%9.0%40.8%1.5K-30.4K-630.00110.00N/AN/A10160
2012-02-17$44.64$34.9832.6%9.4%26.5%15.0%0.0%5.3%41.9%1.5K-29.9K-580.00110.15N/AN/A00160
2012-02-21$45.63$34.9828.0%8.0%27.5%11.6%0.0%-1.4%75.1%1.8K-33.5K-600.00107.35N/AN/A00160
2012-02-22$45.51$34.9822.9%6.6%27.2%7.9%0.0%1.7%81.8%1.9K-31.9K-550.00110.42N/AN/A00160
2012-02-23$45.75$34.9822.8%6.5%25.3%7.8%0.0%3.2%82.0%2.1K-32.8K-550.0065.60N/AN/A00160
2012-02-24$46.14$34.9824.5%7.0%25.3%9.0%0.0%2.1%80.7%2.0K-35.5K-580.00115.72N/AN/A00160
2012-02-27$45.54$31.9824.0%6.9%25.8%8.7%0.0%1.6%8.4%2.0K-33.1K-510.00110.04N/AN/A00160
2012-02-28$46.05$31.9823.2%6.7%23.7%8.1%0.0%2.9%10.6%2.2K-35.8K-520.00109.56N/AN/A00160
2012-02-29$45.51$31.9824.3%7.0%23.9%8.9%0.0%0.9%6.8%2.0K-32.9K-490.00109.87N/AN/A00160