COPX Options History — October 2022

In October 2022, COPX traded between $27.92 and $30.48. ATM implied volatility averaged 44.5%, placing in the 38.7% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded above realized volatility by 2.2% (HV 20d: 42.4%). Max pain ranged from $29.00 to $31.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.45.

Notable Days

  • 2022-10-26: Highest Volume — 3,317 contracts
  • 2022-10-28: Largest IV drop — 9.6% change
  • 2022-10-11: Highest IV Rank — 49.3%
  • 2022-10-11: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.96$27.92$30.48$29.61$28.73
Max Pain$29.52$29.00$31.00$31.00$30.00
ATM IV44.5%38.1%48.9%43.6%39.9%
Expected Move12.8%10.9%13.5%12.5%11.4%
HV 20d42.4%38.6%46.4%45.3%40.3%
HV 60d41.1%40.0%42.4%41.7%42.3%
IV Rank38.7%22.8%49.3%36.4%27.1%
IV Percentile87.3%55.2%96.0%88.5%62.3%
Term Structure-0.4%-1.7%1.9%1.9%-0.6%
VWIV44.7%38.7%46.7%46.7%39.5%
Skew 25d4.1%1.8%5.8%5.7%1.8%
Skew 10d8.2%2.5%21.9%7.9%3.1%
Call IV 25d43.2%38.8%46.1%42.4%39.5%
Put IV 25d47.3%41.3%50.0%48.0%41.3%
Bid-Ask Spread %54.7346.5567.5067.5061.69
Gamma HHI0.140.100.190.110.16
Net GEX-33.1K-150.4K114.0K18.8K-103.4K
Net DEX1.8M-2.3M5.4M-90.9K2.7M
Net VEX-30.8K-37.4K-25.8K-35.3K-29.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.450.802.610.802.01
Total Volume1,776.6671,2353,3171,5881,921
Total OI13,835.6677,86717,06214,8499,883

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-10-03$29.61$31.0043.6%12.5%45.3%36.4%46.7%5.7%1.9%18.8K-90.9K-35.3K0.8067.50N/AN/A8807089,9564,893
2022-10-04$30.48$30.0044.0%12.6%46.2%37.4%43.7%2.8%-0.1%47.1K-2.3M-37.4K0.9960.31N/AN/A83682610,0894,941
2022-10-05$30.22$31.0043.6%12.5%46.4%36.4%45.3%5.8%0.9%15.8K-1.1M-36.5K0.8865.35N/AN/A87576610,0955,089
2022-10-06$29.58$29.0044.5%13.0%45.7%38.5%45.9%4.4%-1.3%10.0K63.5K-35.7K1.0746.95N/AN/A73478810,1975,175
2022-10-07$28.75$29.0044.6%13.1%43.8%38.8%45.6%4.9%-1.0%-25.5K2.4M-33.5K1.0350.09N/AN/A81984510,1965,344
2022-10-10$28.83$29.0046.0%13.1%42.9%42.3%45.9%4.0%-1.4%-37.1K2.2M-32.5K0.9846.84N/AN/A81179510,0715,366
2022-10-11$28.24$29.0048.9%13.5%40.9%49.3%46.3%4.2%-1.7%-47.0K3.4M-30.6K0.9551.00N/AN/A67764410,0365,381
2022-10-12$28.44$29.0046.6%13.4%41.0%43.7%45.3%4.9%-0.3%-47.7K3.1M-29.8K1.0551.03N/AN/A90494910,0345,335
2022-10-13$29.03$29.0045.5%13.0%41.1%41.0%45.3%4.3%-1.4%-37.5K1.9M-31.3K1.0956.25N/AN/A66572310,2845,690
2022-10-14$28.07$29.0046.6%13.3%42.6%43.6%46.1%4.6%-1.1%-59.5K3.8M-29.4K1.2749.08N/AN/A61377810,3795,649
2022-10-17$28.68$29.0045.0%12.9%42.7%39.8%45.2%2.6%-1.0%-26.1K2.4M-28.2K1.7352.76N/AN/A5771,00010,4415,631
2022-10-18$28.33$29.0045.3%13.0%42.1%40.6%45.5%3.1%0.0%-69.6K3.7M-27.2K2.3853.32N/AN/A6811,61910,4445,810
2022-10-19$27.92$29.0046.2%13.2%41.9%42.7%46.5%4.1%-1.5%-150.4K5.4M-26.5K1.0952.57N/AN/A78285410,4766,288
2022-10-20$27.94$29.0045.7%13.1%41.7%41.5%45.9%4.1%-0.0%-82.6K5.2M-25.8K2.0350.07N/AN/A6701,35910,7806,282
2022-10-21$29.20$29.0045.9%13.2%38.6%41.9%45.9%4.9%-0.9%114.0K-560.1K-26.3K2.1251.96N/AN/A6471,37410,7915,473
2022-10-24$28.10$30.0044.7%12.8%40.1%39.0%44.4%3.3%-0.5%-24.6K1.7M-26.0K1.9455.59N/AN/A4849384,4213,448
2022-10-25$28.81$30.0043.0%12.3%40.7%34.9%42.8%2.9%1.1%1.9K603.5K-27.0K1.1657.17N/AN/A5716644,5433,324
2022-10-26$30.21$30.0045.6%13.1%41.6%41.1%45.7%4.8%-0.9%28.9K-1.3M-29.4K2.0546.55N/AN/A1,0892,2284,5743,403
2022-10-27$29.88$30.0042.2%12.1%41.8%32.8%42.4%4.8%0.8%-90.9K1.1M-35.1K1.2461.49N/AN/A7399165,0025,061
2022-10-28$29.13$30.0038.1%10.9%43.0%22.8%38.7%4.1%0.0%-129.5K2.7M-33.4K2.6161.66N/AN/A7091,8525,0535,221
2022-10-31$28.73$30.0039.9%11.4%40.3%27.1%39.5%1.8%-0.6%-103.4K2.7M-29.9K2.0161.69N/AN/A6391,2825,0884,795