COPX Options History — June 2024

In June 2024, COPX traded between $43.95 and $47.74. ATM implied volatility averaged 35.4%, placing in the 46.3% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded below realized volatility by 4.7% (HV 20d: 40.1%). Max pain ranged from $45.00 to $48.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 1.84.

Notable Days

  • 2024-06-21: Highest Volume — 5,316 contracts
  • 2024-06-24: Largest IV spike — 19.0% change
  • 2024-06-03: Highest IV Rank — 63.5%
  • 2024-06-03: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.51$43.95$47.74$47.74$45.01
Max Pain$45.58$45.00$48.00$48.00$46.00
ATM IV35.4%30.8%40.9%40.9%31.1%
Expected Move10.1%8.8%11.7%11.7%8.9%
HV 20d40.1%33.3%45.4%38.7%33.3%
HV 60d33.7%32.7%34.7%32.7%33.5%
IV Rank46.3%31.8%63.5%63.5%32.9%
IV Percentile85.9%71.0%98.8%98.8%71.0%
Term Structure1.2%-4.3%6.4%-2.1%1.2%
VWIV35.7%32.2%41.3%41.0%32.2%
Skew 25d-3.6%-7.3%-2.1%-3.4%-2.6%
Skew 10d-5.7%-13.0%2.1%-6.0%-2.5%
Call IV 25d36.7%33.6%42.5%42.5%34.0%
Put IV 25d33.1%28.1%39.1%39.1%31.4%
Bid-Ask Spread %78.2860.7097.1060.7086.36
Gamma HHI0.200.110.630.110.17
Net GEX-1.2M-4.3M-61.2K-104.7K-142.9K
Net DEX2.4M-21.6M24.8M-21.6M-4.7M
Net VEX-208.6K-258.6K-172.0K-258.6K-172.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.840.1020.260.590.68
Total Volume1,583.8422695,3161,083310
Total OI41,763.52627,43448,96145,03327,789

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-06-03$47.74$48.0040.9%11.7%38.7%63.5%41.0%-3.4%-2.1%-104.7K-21.6M-258.6K0.5960.70N/AN/A68040323,82521,208
2024-06-04$45.45$48.0039.9%11.4%42.3%60.2%41.3%-3.1%-2.1%-830.3K6.3M-241.9K0.3467.38N/AN/A2,35681023,72121,422
2024-06-05$46.43$48.0038.5%11.0%43.1%56.0%39.5%-2.1%-2.2%-596.8K-5.9M-248.1K1.0566.00N/AN/A92396624,17621,762
2024-06-06$47.31$45.0037.9%10.4%43.3%54.0%36.3%-3.7%0.4%-342.1K-16.9M-255.4K0.1464.70N/AN/A2,01028624,70622,581
2024-06-07$45.42$45.0035.7%10.0%44.5%47.3%35.8%-2.9%1.7%-1.1M8.3M-249.7K0.3163.10N/AN/A1,43444425,49422,557
2024-06-10$46.09$45.0038.3%10.3%44.9%55.3%36.9%-3.4%1.1%-951.4K-577.0K-241.0K0.7267.44N/AN/A65647125,29822,857
2024-06-11$45.07$45.0036.9%10.2%45.4%51.1%36.2%-3.7%1.9%-1.5M14.1M-226.8K0.3968.41N/AN/A90134725,19223,182
2024-06-12$45.05$45.0034.5%9.9%44.0%43.3%35.4%-3.4%1.7%-1.8M15.3M-221.4K0.4172.61N/AN/A49820625,45123,349
2024-06-13$44.49$45.0033.4%9.6%44.1%40.0%34.8%-2.7%2.4%-1.9M23.4M-209.7K5.7075.20N/AN/A4212,40025,55323,408
2024-06-14$44.31$45.0031.9%9.1%44.1%35.4%33.4%-2.9%3.1%-1.7M20.4M-198.4K1.5876.13N/AN/A1,1651,84325,66821,601
2024-06-17$43.95$45.0032.6%9.4%40.1%37.6%35.9%-3.1%2.6%-1.6M24.8M-185.0K0.2077.31N/AN/A1,45929526,30819,968
2024-06-18$44.68$45.0036.1%10.3%39.6%48.5%34.5%-5.8%-0.6%-2.1M15.0M-184.6K0.4091.47N/AN/A41816825,95919,288
2024-06-20$45.95$45.0035.3%10.1%41.3%45.8%34.6%-4.1%0.0%-2.5M-2.9M-185.3K0.7088.01N/AN/A52136326,06719,309
2024-06-21$45.13$45.0030.8%8.8%34.5%31.8%32.2%-5.1%4.5%-4.3M9.8M-180.8K20.2691.68N/AN/A2505,06626,12819,322
2024-06-24$46.36$45.0036.6%10.5%36.0%50.1%34.2%-2.2%6.4%-61.2K-13.9M-178.7K0.3491.20N/AN/A67323016,40511,029
2024-06-25$45.44$45.0033.0%9.5%35.8%38.8%34.8%-7.3%-4.3%-105.5K-7.9M-175.5K0.7497.10N/AN/A15511416,61111,074
2024-06-26$45.70$45.0037.5%10.8%34.0%53.0%35.0%-4.8%4.9%-147.1K-10.6M-176.7K0.2595.59N/AN/A3358516,57711,142
2024-06-27$45.11$46.0032.1%9.2%33.4%35.9%33.5%-2.2%1.7%-111.8K-6.5M-174.1K0.1087.00N/AN/A3914016,24911,271
2024-06-28$45.01$46.0031.1%8.9%33.3%32.9%32.2%-2.6%1.2%-142.9K-4.7M-172.0K0.6886.36N/AN/A18412616,51111,278