COST Options History — September 2022

In September 2022, COST traded between $468.08 and $539.79. ATM implied volatility averaged 32.0%, placing in the 48.4% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 4.9% (HV 20d: 27.1%). Max pain ranged from $510.00 to $530.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.16.

Notable Days

  • 2022-09-23: Highest Volume — 124,052 contracts
  • 2022-09-13: Largest IV spike — 12.9% change
  • 2022-09-22: Highest IV Rank — 56.8%
  • 2022-09-22: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$504.20$468.08$539.79$526.20$475.00
Max Pain$519.05$510.00$530.00$530.00$510.00
ATM IV32.0%28.7%35.0%30.6%32.8%
Expected Move9.0%7.7%10.1%7.7%9.4%
HV 20d27.1%19.0%35.0%19.0%34.9%
HV 60d25.1%23.2%27.2%24.1%27.2%
IV Rank48.4%39.5%56.8%44.7%50.6%
IV Percentile82.0%61.9%92.9%75.4%85.7%
Term Structure-0.5%-1.1%0.3%-0.4%-0.2%
VWIV32.0%27.6%36.1%28.1%32.7%
Skew 25d5.8%4.7%6.9%4.9%6.2%
Skew 10d12.6%10.5%15.2%10.5%13.4%
Call IV 25d29.5%26.4%32.2%28.6%30.0%
Put IV 25d35.3%31.4%38.4%33.6%36.2%
Bid-Ask Spread %8.443.6814.165.424.99
Gamma HHI0.050.030.140.040.06
Net GEX-49.2M-117.2M48.0M-53.8M-65.5M
Net DEX381.2M-1.19B1.89B-107.9M1.03B
Net VEX-12.9M-13.8M-11.3M-13.8M-12.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.791.751.181.25
Total Volume45,753.71425,580124,05228,31542,211
Total OI246,925.667210,451285,470243,293266,081

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-09-01$526.20$530.0030.6%7.7%19.0%44.7%28.1%4.9%-0.4%-53.8M-107.9M-13.8M1.185.4212,99415,321106,055137,238
2022-09-02$516.95$530.0031.4%7.9%19.9%47.0%27.6%5.6%-0.6%-89.9M504.7M-13.7M1.305.2719,48725,264108,769139,396
2022-09-06$520.12$520.0032.1%8.9%20.0%48.8%31.2%5.9%-0.6%-64.6M196.9M-13.4M1.089.4916,50117,746102,445133,134
2022-09-07$530.30$520.0030.1%8.4%21.2%43.2%30.1%5.3%-0.5%-21.6M-532.8M-13.5M1.298.0712,96116,784108,277136,934
2022-09-08$527.76$520.0030.2%8.4%21.1%43.6%31.7%5.2%-0.4%-31.9M-346.3M-13.4M1.278.4912,36715,648110,484139,648
2022-09-09$536.91$520.0029.1%8.2%21.6%40.4%29.7%4.7%-0.4%48.0M-1.10B-13.3M1.046.8119,27620,016112,317142,167
2022-09-12$539.79$520.0028.7%8.1%21.6%39.5%30.0%5.0%-0.4%-1.4M-1.19B-13.1M1.2510.4911,38714,193104,262133,025
2022-09-13$509.27$520.0032.4%9.1%29.0%49.7%31.9%5.9%-0.6%-83.1M736.1M-13.0M0.889.2329,17825,622107,199136,936
2022-09-14$507.51$520.0031.5%8.9%28.3%47.2%31.2%5.6%-0.8%-86.3M802.2M-13.0M0.8314.1620,90517,291117,396140,277
2022-09-15$503.14$520.0032.0%9.0%28.1%48.6%32.2%5.7%-0.8%-86.6M953.4M-13.0M1.0614.0416,38417,390121,005140,146
2022-09-16$505.11$520.0032.3%9.2%27.9%49.4%32.6%5.8%-0.6%-66.9M769.3M-13.0M1.3713.0720,23627,648124,095141,401
2022-09-19$506.07$520.0031.5%9.0%27.8%47.1%29.6%6.4%-0.4%-41.9M227.1M-12.8M0.7910.0020,60916,24492,757117,694
2022-09-20$500.40$520.0033.3%9.5%27.6%52.0%32.7%6.7%-0.8%-40.4M408.9M-13.0M1.2010.6814,40717,319101,783124,073
2022-09-21$494.50$520.0033.3%9.6%27.7%52.2%33.4%6.9%-0.6%-52.0M628.9M-12.8M1.0811.3615,39816,690104,570129,181
2022-09-22$491.75$520.0035.0%10.1%27.5%56.8%36.1%6.3%-1.1%-53.8M769.4M-12.7M1.3111.0741,93254,935109,662134,325
2022-09-23$468.08$520.0031.8%9.1%31.0%48.0%32.3%5.8%-0.1%-117.2M1.89B-11.3M1.275.5054,71069,342128,450157,020
2022-09-26$482.29$517.5033.8%9.8%32.5%53.3%35.0%6.2%-0.1%-32.2M642.3M-12.3M1.056.0128,87630,370109,015120,575
2022-09-27$477.63$512.5033.7%9.8%32.5%53.2%35.4%6.1%-0.7%-40.0M801.7M-12.4M1.104.7419,58121,605114,600128,008
2022-09-28$490.83$510.0032.0%9.2%34.2%48.5%33.0%5.7%0.3%-5.5M119.5M-12.9M1.073.6819,50820,903118,118130,977
2022-09-29$478.53$510.0033.3%9.7%35.0%52.0%34.5%6.6%-0.3%-45.8M802.5M-12.7M1.754.6618,77332,816120,527135,417
2022-09-30$475.00$510.0032.8%9.4%34.9%50.6%32.7%6.2%-0.2%-65.5M1.03B-12.8M1.254.9918,75123,460123,463142,618