COST Options History — July 2022

In July 2022, COST traded between $485.05 and $540.79. ATM implied volatility averaged 27.9%, placing in the 37.3% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 1.7% (HV 20d: 26.2%). Max pain ranged from $475.00 to $510.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.80.

Notable Days

  • 2022-07-08: Highest Volume — 62,925 contracts
  • 2022-07-27: Largest IV drop — 10.1% change
  • 2022-07-05: Highest IV Rank — 45.4%
  • 2022-07-05: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$511.92$485.05$540.79$485.05$540.79
Max Pain$491.00$475.00$510.00$475.00$510.00
ATM IV27.9%23.9%30.9%30.0%23.9%
Expected Move8.0%6.8%8.6%8.4%6.8%
HV 20d26.2%22.2%29.5%29.5%23.9%
HV 60d44.3%43.4%45.4%45.4%43.5%
IV Rank37.3%26.2%45.4%42.9%26.2%
IV Percentile64.4%48.0%78.2%75.0%48.0%
Term Structure-0.0%-0.8%0.5%-0.2%0.3%
VWIV28.8%24.5%31.8%30.6%24.5%
Skew 25d4.9%4.0%5.6%5.4%4.4%
Skew 10d10.4%8.6%11.6%10.5%9.8%
Call IV 25d25.8%21.7%28.7%27.8%21.7%
Put IV 25d30.8%26.1%34.0%33.3%26.1%
Bid-Ask Spread %30.8217.4347.0217.4338.82
Gamma HHI0.080.030.240.170.24
Net GEX55.0M-3.5M159.9M60.6M159.9M
Net DEX-1.17B-2.13B-463.7M-637.9M-2.09B
Net VEX-11.9M-12.7M-11.2M-11.3M-12.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.421.150.670.88
Total Volume40,392.7520,00762,92542,40842,038
Total OI207,356.75173,329230,516213,424225,065

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-07-01$485.05$475.0030.0%8.4%29.5%42.9%30.6%5.4%-0.2%60.6M-637.9M-11.3M0.6717.4325,43416,97496,018117,406
2022-07-05$488.13$475.0030.9%8.6%28.4%45.4%31.8%5.4%-0.2%17.8M-551.5M-11.3M0.9626.4315,19114,61189,075106,375
2022-07-06$495.48$480.0029.8%8.5%28.3%42.5%30.9%4.7%0.1%38.4M-880.8M-11.3M0.4232.1536,67015,39591,997112,071
2022-07-07$494.38$480.0029.2%8.3%28.3%40.8%29.3%4.9%-0.0%51.0M-846.9M-11.2M0.7331.1823,99017,48596,561113,717
2022-07-08$501.74$480.0027.6%7.9%28.2%36.3%28.8%4.8%-0.0%39.2M-1.32B-11.2M0.6130.8439,11523,810101,656119,902
2022-07-11$498.89$480.0029.1%8.2%28.2%40.4%30.0%5.3%-0.6%38.7M-899.8M-11.4M0.7831.5018,26814,33692,528110,733
2022-07-12$489.65$485.0030.1%8.6%28.2%43.3%31.2%5.2%-0.3%15.6M-463.7M-11.5M0.7437.8617,21312,81096,652113,221
2022-07-13$493.83$485.0028.7%8.3%25.4%39.3%29.8%5.1%-0.0%37.3M-686.7M-11.5M0.9736.2514,48114,02799,732116,291
2022-07-14$512.08$485.0028.9%8.3%27.7%39.9%31.1%4.5%0.0%92.6M-1.62B-11.5M0.6228.0038,06923,726101,665119,787
2022-07-15$521.84$485.0027.4%7.9%28.1%35.7%28.5%4.0%0.4%80.7M-2.13B-11.5M0.5621.7839,79022,438106,071124,445
2022-07-18$517.24$485.0029.7%8.6%27.0%42.2%30.0%5.6%-0.8%37.2M-1.11B-12.0M0.9923.8220,90220,68681,84791,482
2022-07-19$520.40$495.0027.6%7.9%26.5%36.3%26.6%4.9%0.2%36.9M-1.16B-12.2M0.7330.1321,30715,61286,79598,347
2022-07-20$524.73$500.0026.8%7.7%24.5%34.0%28.2%5.0%0.5%55.2M-1.35B-12.5M1.1525.2913,12715,03295,591101,944
2022-07-21$528.99$500.0026.2%7.5%24.0%32.4%27.2%4.7%0.2%71.1M-1.52B-12.6M0.9039.7015,35413,79397,354106,092
2022-07-22$528.18$500.0026.0%7.5%22.3%31.8%27.1%4.7%0.4%67.5M-1.48B-12.7M0.7642.6422,86917,39499,970108,802
2022-07-25$526.82$500.0027.5%7.9%22.2%36.1%27.6%5.3%0.2%44.7M-1.24B-12.6M0.9422.6010,3319,67693,698102,321
2022-07-26$511.28$505.0028.7%8.2%25.3%39.3%29.1%5.3%-0.3%-3.5M-523.3M-12.5M1.0725.2222,41823,96996,498105,934
2022-07-27$523.82$505.0025.8%7.4%23.8%31.3%27.1%4.6%0.1%45.6M-1.15B-12.6M0.7447.0217,97113,218101,800111,502
2022-07-28$535.00$510.0025.2%7.3%24.4%29.8%25.7%4.6%-0.4%113.1M-1.76B-12.5M0.7527.7827,58520,740101,782114,408
2022-07-29$540.79$510.0023.9%6.8%23.9%26.2%24.5%4.4%0.3%159.9M-2.09B-12.6M0.8838.8222,33919,699105,617119,448