COPX Options History — November 2021

In November 2021, COPX traded between $34.67 and $37.65. ATM implied volatility averaged 36.5%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 4.3% (HV 20d: 32.2%). Max pain ranged from $36.00 to $37.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 1.34.

Notable Days

  • 2021-11-03: Highest Volume — 2,327 contracts
  • 2021-11-26: Largest IV spike — 15.7% change
  • 2021-11-30: Highest IV Rank — 16.7%
  • 2021-11-30: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.27$34.67$37.65$37.53$35.49
Max Pain$36.29$36.00$37.00$37.00$36.00
ATM IV36.5%34.1%42.8%34.4%42.8%
Expected Move10.4%9.8%12.3%9.9%12.3%
HV 20d32.2%28.5%34.1%31.6%34.0%
HV 60d34.6%32.7%36.2%35.8%34.1%
IV Rank13.4%12.1%16.7%12.3%16.7%
IV Percentile49.1%31.3%79.1%34.1%79.1%
Term Structure0.4%-2.9%2.9%0.6%-2.9%
VWIV36.9%33.8%43.3%34.5%42.6%
Skew 25d0.1%-1.6%2.3%-1.1%2.3%
Skew 10d2.2%-1.3%7.9%1.4%3.5%
Call IV 25d37.3%34.8%42.5%36.0%41.9%
Put IV 25d37.4%34.1%44.6%34.9%44.2%
Bid-Ask Spread %43.1515.4059.3544.1948.59
Gamma HHI0.230.180.270.250.26
Net GEX-34.8K-294.6K333.4K333.4K-232.2K
Net DEX1.8M-3.7M6.9M-3.7M5.2M
Net VEX-58.1K-66.4K-41.8K-45.8K-60.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.340.272.761.361.03
Total Volume1,427.3819022,3271,0891,066
Total OI13,762.2869,70017,3479,70014,207

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$37.53$37.0034.4%9.9%31.6%12.3%34.5%-1.1%0.6%333.4K-3.7M-45.8K1.3644.19N/AN/A4626276,4673,233
2021-11-02$36.52$37.0034.9%10.0%33.5%12.5%34.2%-0.8%0.5%238.9K-1.4M-41.8K0.8015.40N/AN/A7335876,5293,237
2021-11-03$36.36$37.0035.2%10.1%32.8%12.6%33.8%1.0%-0.6%232.2K-1.3M-43.8K2.7655.89N/AN/A6191,7086,8183,309
2021-11-04$36.05$36.0034.7%9.9%30.9%12.4%34.8%0.2%0.1%99.2K766.1K-49.3K2.2033.04N/AN/A6281,3827,1274,514
2021-11-05$35.99$36.0034.1%9.8%30.9%12.1%34.7%0.4%0.2%-47.4K2.4M-51.6K1.3842.21N/AN/A5417457,1335,341
2021-11-08$37.09$37.0036.4%10.3%31.3%13.3%37.2%0.3%0.1%90.7K-253.5K-56.3K0.5743.19N/AN/A8214697,1605,747
2021-11-09$36.39$37.0035.9%10.0%32.1%13.1%36.6%-1.0%1.9%-17.4K1.6M-55.3K1.0040.75N/AN/A6796797,3975,825
2021-11-10$35.47$37.0036.1%10.3%32.0%13.1%36.8%-0.4%0.6%-95.1K4.5M-53.9K1.2536.05N/AN/A4695857,5606,088
2021-11-11$37.15$36.0036.3%10.4%34.1%13.2%37.0%-0.5%2.9%64.5K-357.4K-58.1K0.2740.02N/AN/A1,7824827,6576,146
2021-11-12$37.65$36.0034.4%9.9%32.9%12.2%35.0%0.2%1.9%265.6K-3.6M-65.3K0.5639.89N/AN/A8945058,9106,162
2021-11-15$36.71$36.0036.9%10.6%33.5%13.6%38.9%-1.6%0.7%29.0K-515.3K-61.2K0.9042.52N/AN/A1,0639578,9016,224
2021-11-16$36.34$36.0036.1%10.3%33.6%13.1%37.7%-0.6%0.8%-69.9K1.5M-64.3K2.6136.12N/AN/A4371,1409,2176,855
2021-11-17$35.92$36.0035.8%10.3%33.5%13.0%35.8%-1.6%1.1%-188.5K3.9M-63.6K1.2845.10N/AN/A5016439,2287,362
2021-11-18$35.95$36.0035.8%10.3%31.9%13.0%36.8%0.4%1.0%-239.6K3.9M-64.1K2.5350.08N/AN/A4141,0479,2817,614
2021-11-19$35.92$36.0036.5%10.5%31.8%13.3%36.5%0.1%0.9%-294.6K4.8M-66.4K1.4650.79N/AN/A5127459,2628,085
2021-11-22$36.19$36.0036.0%10.3%30.6%13.1%36.0%-0.1%1.3%-163.6K3.0M-65.5K1.5446.75N/AN/A4557026,7757,041
2021-11-23$36.48$36.0036.1%10.3%30.6%13.1%36.5%1.1%0.4%-143.1K2.4M-66.1K1.2038.99N/AN/A5756926,9207,116
2021-11-24$36.35$36.0036.0%10.3%28.5%13.1%36.8%0.1%-0.1%-147.6K2.7M-65.0K2.0045.98N/AN/A3356707,0487,126
2021-11-26$34.67$36.0041.7%12.0%32.7%16.2%43.3%2.1%-1.8%-218.3K6.9M-61.2K0.4551.18N/AN/A1,1885347,0667,148
2021-11-29$35.48$36.0040.6%11.7%34.1%15.6%40.3%1.9%-1.9%-226.7K5.1M-60.4K1.0859.35N/AN/A4344686,9827,190
2021-11-30$35.49$36.0042.8%12.3%34.0%16.7%42.6%2.3%-2.9%-232.2K5.2M-60.3K1.0348.59N/AN/A5255417,0017,206