COST Options History — January 2022

In January 2022, COST traded between $478.04 and $566.12. ATM implied volatility averaged 25.6%, placing in the 64.3% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded below realized volatility by 1.3% (HV 20d: 26.9%). Max pain ranged from $485.00 to $550.00. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.97.

Notable Days

  • 2022-01-14: Highest Volume — 57,376 contracts
  • 2022-01-05: Largest IV spike — 15.2% change
  • 2022-01-24: Highest IV Rank — 100.0%
  • 2022-01-24: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$511.47$478.04$566.12$565.87$503.13
Max Pain$525.50$485.00$550.00$485.00$510.00
ATM IV25.6%18.7%32.1%20.0%27.8%
Expected Move7.4%5.5%9.6%5.5%7.7%
HV 20d26.9%23.0%32.4%31.3%27.3%
HV 60d25.3%22.5%27.0%22.6%27.0%
IV Rank64.3%25.0%100.0%32.3%75.4%
IV Percentile84.6%41.3%100.0%54.4%94.8%
Term Structure0.2%-1.1%2.0%0.1%-0.7%
VWIV26.5%19.9%34.3%19.9%27.8%
Skew 25d4.1%1.4%8.0%1.4%6.0%
Skew 10d9.2%3.9%16.7%3.9%10.7%
Call IV 25d24.3%19.4%29.6%19.4%26.7%
Put IV 25d28.4%20.8%36.9%20.8%32.7%
Bid-Ask Spread %27.0910.0646.1210.0633.62
Gamma HHI0.050.030.110.080.04
Net GEX6.5M-52.6M144.6M136.1M10.3M
Net DEX-847.8M-3.71B505.8M-3.71B-474.1M
Net VEX-10.8M-11.5M-10.1M-10.1M-11.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.571.500.860.83
Total Volume37,340.125,09057,37634,92528,490
Total OI241,894.65180,209288,142236,708185,928

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-01-03$565.87$485.0020.0%5.5%31.3%32.3%19.9%1.4%0.1%136.1M-3.71B-10.1M0.8610.0618,78716,138120,397116,311
2022-01-04$566.12$495.0018.7%5.5%31.2%25.0%20.9%1.9%0.4%144.6M-3.63B-10.5M1.1443.1613,43315,332122,152121,082
2022-01-05$552.99$500.0021.6%6.1%32.2%41.7%21.5%3.2%-0.9%58.0M-2.80B-10.5M0.9335.6018,02116,833123,078126,225
2022-01-06$549.80$550.0022.5%6.3%31.4%47.2%23.4%2.9%-0.4%45.8M-2.53B-10.9M1.0819.3417,81419,260126,368129,038
2022-01-07$536.98$550.0023.3%6.6%32.4%51.9%23.5%3.0%-0.3%-19.3M-1.64B-11.5M1.5018.9019,93229,975128,305132,560
2022-01-10$516.78$550.0024.6%6.9%26.1%59.5%24.5%2.1%-0.7%-26.1M-735.0M-10.6M0.9018.7028,75525,935121,759127,686
2022-01-11$521.61$545.0022.4%6.4%26.5%46.8%23.3%2.4%0.1%-5.4M-1.11B-10.7M0.5922.3322,30813,140128,711132,331
2022-01-12$525.74$545.0021.6%6.2%25.6%41.5%22.6%2.4%0.1%20.7M-1.40B-10.7M0.5724.2520,91611,968133,983134,071
2022-01-13$517.43$545.0023.6%6.7%23.0%53.4%23.6%2.8%-0.4%-5.5M-903.0M-10.7M0.7119.1218,09712,925135,339136,191
2022-01-14$503.59$540.0023.3%6.7%23.9%51.8%24.4%2.6%0.2%-52.6M-147.8M-10.5M1.2322.5525,69031,686138,668139,788
2022-01-18$487.99$535.0026.0%7.4%25.7%67.6%26.7%3.8%-1.1%-35.5M269.2M-10.1M1.0922.6423,25125,423130,818132,193
2022-01-19$492.61$535.0025.3%7.3%26.3%63.5%26.1%3.9%-0.4%-33.5M87.6M-10.7M0.8823.0423,00620,189137,730138,081
2022-01-20$484.32$530.0026.6%7.6%26.6%70.9%27.5%4.2%-0.3%-36.8M505.8M-10.6M0.8426.8422,65319,073140,866141,927
2022-01-21$483.69$520.0028.6%8.2%26.0%82.7%28.9%6.0%0.1%-30.5M439.7M-10.8M0.7828.0526,34120,586144,305143,837
2022-01-24$485.53$520.0032.1%9.6%26.0%100.0%34.3%8.0%1.5%-9.6M163.5M-11.2M1.2134.3815,26118,49892,62087,589
2022-01-25$478.04$515.0032.1%9.5%23.3%100.0%33.1%7.3%1.0%-12.3M337.8M-10.8M0.9835.9712,65512,43596,40890,424
2022-01-26$482.44$515.0030.9%9.1%24.1%93.0%34.0%6.2%1.3%-6.2M176.3M-11.2M1.1446.1213,23015,059100,01194,693
2022-01-27$485.37$515.0031.6%9.3%23.9%97.2%33.7%6.7%1.6%-7.0M108.9M-11.4M1.1641.7113,12215,160102,11499,446
2022-01-28$489.39$510.0029.5%8.5%24.6%85.3%29.9%6.2%2.0%-5.3M27.6M-11.4M1.0315.4912,55412,871102,262102,598
2022-01-31$503.13$510.0027.8%7.7%27.3%75.4%27.8%6.0%-0.7%10.3M-474.1M-11.3M0.8333.6215,58412,90693,06692,862