COPX Options History — June 2022

In June 2022, COPX traded between $30.28 and $41.71. ATM implied volatility averaged 41.4%, placing in the 58.6% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded below realized volatility by 2.9% (HV 20d: 44.2%). Max pain ranged from $35.00 to $46.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.60.

Notable Days

  • 2022-06-24: Highest Volume — 4,767 contracts
  • 2022-06-13: Largest IV spike — 16.6% change
  • 2022-06-30: Highest IV Rank — 84.3%
  • 2022-06-30: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.16$30.28$41.71$39.59$30.28
Max Pain$42.90$35.00$46.00$39.00$35.00
ATM IV41.4%34.7%46.9%36.8%46.9%
Expected Move11.7%10.0%13.4%10.6%13.4%
HV 20d44.2%38.0%50.3%48.5%49.7%
HV 60d42.6%40.2%46.3%40.7%46.3%
IV Rank58.6%27.6%84.3%37.5%84.3%
IV Percentile83.9%27.0%99.6%61.5%99.6%
Term Structure-0.4%-3.1%2.0%-0.9%-0.1%
VWIV40.7%35.5%48.9%36.2%41.2%
Skew 25d3.4%1.1%6.6%1.9%4.6%
Skew 10d4.8%1.3%9.5%6.8%9.5%
Call IV 25d39.7%34.2%46.6%35.8%44.0%
Put IV 25d43.1%36.2%50.3%37.7%48.7%
Bid-Ask Spread %57.6543.0670.6259.6165.88
Gamma HHI0.190.090.320.150.29
Net GEX-224.7K-390.7K28.4K-275.9K-222.2K
Net DEX11.6M155.8K19.4M7.0M15.2M
Net VEX-50.6K-68.2K-34.2K-51.8K-40.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.600.303.342.661.66
Total Volume2,356.4291,2364,7671,5722,471
Total OI16,97613,42021,62513,42019,516

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-06-01$39.59$39.0036.8%10.6%48.5%37.5%36.2%1.9%-0.9%-275.9K7.0M-51.8K2.6659.61N/AN/A4301,1425,1618,259
2022-06-02$41.28$46.0040.4%10.7%50.3%54.2%37.3%4.1%-1.7%-167.6K2.5M-51.9K1.7951.84N/AN/A1,2192,1815,1498,274
2022-06-03$40.70$45.0039.7%10.6%46.3%50.9%36.8%1.9%-1.5%-308.5K4.8M-59.9K1.3354.11N/AN/A1,1551,5385,8089,343
2022-06-06$41.29$45.0039.3%10.4%45.8%48.9%36.2%2.7%0.2%-217.7K2.4M-57.3K3.3452.08N/AN/A6202,0685,9439,151
2022-06-07$41.71$45.0038.2%10.4%39.2%43.8%36.0%1.8%0.3%-53.5K155.8K-55.9K1.1354.73N/AN/A9761,0986,1738,633
2022-06-08$40.65$45.0034.7%10.0%40.0%27.6%35.5%1.1%2.0%-92.4K2.1M-63.1K1.1257.08N/AN/A8079067,1018,620
2022-06-09$39.42$45.0035.2%10.1%42.1%29.7%35.9%1.8%1.2%-238.6K5.9M-68.2K1.1458.95N/AN/A8519718,0679,061
2022-06-10$38.51$45.0036.7%10.5%40.2%36.7%37.6%2.0%1.8%-390.7K9.2M-64.2K2.0459.75N/AN/A1,1282,3048,0349,057
2022-06-13$36.44$45.0042.8%12.3%44.0%65.1%41.7%2.8%-1.8%-350.5K14.2M-57.2K1.6759.43N/AN/A8341,3908,2098,845
2022-06-14$35.88$45.0044.0%12.6%44.0%71.1%43.6%3.2%-3.1%-362.3K15.7M-54.4K1.2353.97N/AN/A6738278,4919,051
2022-06-15$36.60$44.0040.6%11.6%40.9%54.8%40.3%3.0%-1.9%-380.7K13.6M-54.7K1.1063.89N/AN/A5886488,6368,953
2022-06-16$35.00$44.0045.7%13.1%42.0%78.7%44.3%4.7%-0.3%-296.7K17.7M-48.5K1.5257.79N/AN/A7951,2098,6699,001
2022-06-17$34.53$45.0043.1%12.3%38.0%66.5%43.4%4.0%0.1%-324.3K19.2M-43.9K1.7647.48N/AN/A7431,3058,5129,029
2022-06-21$34.85$45.0041.9%12.0%38.3%61.3%40.0%5.5%1.0%-169.2K13.8M-46.0K1.4556.03N/AN/A6569527,2817,431
2022-06-22$33.00$45.0042.9%12.3%40.5%65.7%45.4%4.0%0.1%-149.8K16.3M-37.2K2.8243.06N/AN/A6561,8477,3327,534
2022-06-23$30.96$44.0045.5%13.0%45.0%77.8%48.9%3.6%-0.5%-223.5K19.4M-34.2K3.3160.67N/AN/A7162,3697,4958,858
2022-06-24$32.10$44.0043.5%12.5%48.0%68.5%44.1%6.6%-0.3%-362.3K18.5M-37.9K0.3056.58N/AN/A3,6701,0977,7079,998
2022-06-27$32.83$36.0041.0%11.7%48.8%56.8%42.1%4.0%0.0%28.4K13.1M-45.9K0.6764.41N/AN/A1,13575810,84710,479
2022-06-28$32.61$36.0043.6%12.5%48.0%69.1%42.9%2.2%-0.4%16.8K13.2M-45.1K0.4770.62N/AN/A2,1641,02511,03210,593
2022-06-29$31.13$38.0046.1%13.2%49.7%80.9%45.2%5.4%-2.1%-177.4K18.3M-45.6K1.0362.63N/AN/A77079310,11011,053
2022-06-30$30.28$35.0046.9%13.4%49.7%84.3%41.2%4.6%-0.1%-222.2K15.2M-40.4K1.6665.88N/AN/A9301,54110,1109,406