COST Options History — February 2022

In February 2022, COST traded between $496.67 and $527.17. ATM implied volatility averaged 29.8%, placing in the 84.9% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 5.4% (HV 20d: 24.4%). Max pain ranged from $510.00 to $525.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.85.

Notable Days

  • 2022-02-03: Highest Volume — 44,892 contracts
  • 2022-02-10: Largest IV spike — 13.2% change
  • 2022-02-23: Highest IV Rank — 100.0%
  • 2022-02-23: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$513.80$496.67$527.17$508.53$516.69
Max Pain$520.26$510.00$525.00$510.00$520.00
ATM IV29.8%25.8%34.1%27.1%32.6%
Expected Move8.6%7.2%10.1%7.3%10.1%
HV 20d24.4%19.8%30.0%27.9%23.2%
HV 60d27.1%26.6%27.7%26.6%27.4%
IV Rank84.9%64.4%100.0%71.4%92.2%
IV Percentile96.2%87.7%100.0%93.7%99.6%
Term Structure-0.4%-1.9%0.8%-0.1%-0.9%
VWIV30.5%26.3%35.5%26.3%34.9%
Skew 25d5.7%4.0%7.7%5.6%6.9%
Skew 10d11.7%7.7%16.7%12.0%12.5%
Call IV 25d27.8%24.3%30.9%25.7%29.3%
Put IV 25d33.4%28.2%38.6%31.3%36.3%
Bid-Ask Spread %38.3520.2549.8920.2546.68
Gamma HHI0.050.040.090.040.05
Net GEX27.5M-18.7M72.7M27.5M22.3M
Net DEX-798.1M-1.49B-60.2M-724.3M-878.7M
Net VEX-11.5M-12.0M-11.2M-11.3M-11.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.581.090.850.78
Total Volume27,786.42118,35744,89225,37126,578
Total OI203,992188,473217,667193,488193,745

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-02-01$508.53$510.0027.1%7.3%27.9%71.4%26.3%5.6%-0.1%27.5M-724.3M-11.3M0.8520.2513,70811,66397,19196,297
2022-02-02$522.00$510.0027.5%7.2%30.0%73.8%26.3%4.7%-1.9%62.5M-1.37B-11.6M0.6020.7627,05016,25399,90898,642
2022-02-03$521.39$525.0029.5%8.2%29.1%85.2%28.5%4.4%-0.8%60.3M-1.26B-11.9M0.6838.2726,71918,17399,512102,657
2022-02-04$520.04$525.0028.4%8.0%29.1%78.9%28.5%4.3%-1.2%62.0M-1.09B-12.0M0.8038.2816,50013,249102,406108,196
2022-02-07$515.74$525.0028.3%8.0%28.2%78.2%29.7%4.3%-0.1%28.4M-888.2M-11.8M0.7041.5212,7698,92196,966101,394
2022-02-08$520.47$525.0027.3%7.7%24.9%72.8%27.3%4.6%-0.4%46.3M-1.10B-11.6M0.7232.7014,53410,42499,900103,054
2022-02-09$527.17$520.0025.8%7.3%25.1%64.4%26.3%4.0%-0.5%72.7M-1.49B-11.5M0.5822.0420,04011,588103,506104,578
2022-02-10$516.22$520.0029.3%8.3%26.0%83.7%28.5%4.4%-0.6%28.1M-898.7M-11.7M0.7747.4115,29911,761105,204106,270
2022-02-11$510.13$520.0031.8%9.0%25.8%97.9%31.4%6.1%-0.6%-7.0M-513.4M-11.9M1.0949.8914,43615,737108,216109,451
2022-02-14$505.74$525.0031.7%9.0%24.0%97.6%32.2%5.7%-0.4%863.1K-352.9M-11.7M0.9745.1211,36011,066100,117102,755
2022-02-15$511.57$520.0029.9%8.6%21.2%87.4%29.9%5.4%0.3%17.3M-600.6M-11.6M1.0538.668,9419,416102,193104,820
2022-02-16$514.07$520.0028.2%8.1%21.1%78.0%29.4%5.1%0.2%21.2M-681.9M-11.4M1.0637.1910,62611,217104,248107,181
2022-02-17$516.16$520.0030.8%8.9%19.8%92.5%31.3%7.2%-0.9%43.8M-826.7M-11.5M0.8544.1912,62610,738106,105107,306
2022-02-18$514.75$520.0031.3%9.0%19.9%95.0%32.6%6.9%-0.2%46.4M-762.4M-11.5M0.9748.1914,67314,294107,180108,673
2022-02-22$503.81$520.0031.6%9.7%21.7%96.8%34.8%7.2%0.2%-7.6M-321.5M-11.3M1.0440.5312,98413,45292,83495,639
2022-02-23$496.67$520.0034.1%10.1%21.6%100.0%35.5%7.7%-1.1%-18.7M-60.2M-11.2M0.9726.0112,02111,71396,11098,695
2022-02-24$504.47$520.0032.2%9.7%22.0%90.3%34.7%7.4%-0.4%-4.7M-362.6M-11.2M0.8544.1814,70312,54199,692100,775
2022-02-25$516.62$520.0029.7%8.9%23.2%77.6%32.0%6.1%0.8%20.6M-977.4M-11.2M0.8646.7216,23113,938102,864101,568
2022-02-28$516.69$520.0032.6%10.1%23.2%92.2%34.9%6.9%-0.9%22.3M-878.7M-11.3M0.7846.6814,90111,67796,63397,112