COPX Options History — July 2022

In July 2022, COPX traded between $26.47 and $30.54. ATM implied volatility averaged 47.8%, placing in the 55.1% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded below realized volatility by 2.5% (HV 20d: 50.3%). Max pain ranged from $28.00 to $35.00. Net GEX was positive for 1 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 1.81.

Notable Days

  • 2022-07-06: Highest Volume — 5,137 contracts
  • 2022-07-13: Largest IV drop — 27.9% change
  • 2022-07-05: Highest IV Rank — 100.0%
  • 2022-07-14: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.38$26.47$30.54$29.80$30.54
Max Pain$30.10$28.00$35.00$35.00$28.00
ATM IV47.8%33.8%69.5%46.4%33.8%
Expected Move12.9%9.7%14.9%13.3%9.7%
HV 20d50.3%44.6%55.5%45.2%46.5%
HV 60d48.3%46.1%50.0%46.1%48.5%
IV Rank55.1%12.2%100.0%82.0%12.2%
IV Percentile84.3%13.9%100.0%99.2%13.9%
Term Structure-1.7%-4.7%1.4%-0.7%1.4%
VWIV44.0%35.3%52.9%46.9%37.5%
Skew 25d3.9%-1.3%6.7%4.8%3.8%
Skew 10d6.2%-1.2%11.5%11.5%11.0%
Call IV 25d43.7%34.5%50.6%45.1%34.5%
Put IV 25d47.5%37.6%54.2%49.9%38.2%
Bid-Ask Spread %57.9446.9172.0952.5563.68
Gamma HHI0.280.150.380.280.15
Net GEX-219.2K-494.9K29.0K-231.6K29.0K
Net DEX10.8M-1.1M21.6M15.9M-1.1M
Net VEX-36.0K-43.0K-28.8K-37.8K-41.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.810.754.090.952.64
Total Volume2,5311,3255,1371,4793,549
Total OI18,083.5512,82623,09119,42316,150

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$29.80$35.0046.4%13.3%45.2%82.0%46.9%4.8%-0.7%-231.6K15.9M-37.8K0.9552.55N/AN/A75872110,1869,237
2022-07-05$28.15$33.0057.1%14.4%47.4%100.0%49.8%6.7%-3.3%-271.6K19.1M-28.8K1.3159.08N/AN/A1,0391,36210,2999,408
2022-07-06$28.29$33.0057.8%14.8%46.7%100.0%52.9%5.2%-4.7%-275.6K18.5M-30.5K4.0960.95N/AN/A1,0104,12710,3929,447
2022-07-07$29.97$33.0054.3%13.9%53.2%87.9%48.4%4.9%-1.6%-352.9K16.3M-43.0K0.7556.04N/AN/A1,10983010,47012,331
2022-07-08$29.47$32.0051.3%13.6%53.1%77.8%47.2%5.1%-2.2%-436.6K17.0M-42.4K0.8154.72N/AN/A82967510,71712,346
2022-07-11$28.13$32.0060.4%14.0%53.9%100.0%47.5%3.4%-2.5%-494.9K20.1M-36.5K0.9163.15N/AN/A74567710,74012,351
2022-07-12$27.46$31.0069.5%14.4%54.0%100.0%49.5%-1.3%-1.1%-455.0K20.4M-35.6K0.8248.01N/AN/A88072110,81012,071
2022-07-13$27.52$31.0050.1%14.4%52.4%52.4%49.3%6.3%-4.4%-483.2K20.1M-33.5K1.3149.74N/AN/A58376411,11611,766
2022-07-14$26.47$31.0051.8%14.9%53.1%56.5%50.1%3.3%-3.1%-308.1K21.6M-31.5K1.1749.17N/AN/A61171411,19311,717
2022-07-15$26.90$31.0049.3%14.1%52.8%50.2%49.0%5.4%-2.6%-315.5K20.9M-31.6K0.7655.74N/AN/A1,3521,03311,25711,526
2022-07-18$27.81$28.0047.0%13.5%54.3%44.6%48.3%3.2%-1.6%-117.9K4.0M-34.9K1.8257.82N/AN/A9921,8106,7816,045
2022-07-19$28.40$28.0046.4%13.3%55.5%43.2%39.4%4.3%-1.5%-90.1K3.3M-35.4K2.5859.98N/AN/A6891,7767,0656,061
2022-07-20$28.28$28.0045.8%13.1%55.1%41.6%35.3%4.7%-1.9%-82.4K3.2M-36.6K1.6963.44N/AN/A9911,6797,4546,065
2022-07-21$28.16$28.0044.0%12.6%52.6%37.2%39.1%3.0%-1.7%-85.4K3.2M-35.6K1.9846.91N/AN/A9531,8907,4956,045
2022-07-22$27.90$28.0039.7%11.4%48.3%26.7%36.2%2.2%0.1%-111.1K3.6M-34.2K1.8368.04N/AN/A1,0141,8557,4836,218
2022-07-25$28.22$28.0040.3%11.6%46.2%28.3%37.5%2.8%-1.6%-89.0K3.2M-34.4K2.5954.89N/AN/A8032,0837,5446,300
2022-07-26$28.08$28.0039.2%11.2%44.9%25.6%35.5%2.9%-0.7%-112.8K3.7M-37.9K2.5958.06N/AN/A8012,0737,8416,742
2022-07-27$28.88$28.0037.0%10.6%46.7%20.1%37.4%3.6%-0.8%-74.2K2.1M-38.1K2.6164.81N/AN/A1,0892,8478,1026,949
2022-07-28$29.24$28.0034.9%10.0%44.6%15.0%42.6%2.9%0.6%-25.0K1.2M-40.4K2.9372.09N/AN/A8102,3768,4957,456
2022-07-29$30.54$28.0033.8%9.7%46.5%12.2%37.5%3.8%1.4%29.0K-1.1M-41.7K2.6463.68N/AN/A9762,5738,5567,594