COST Options History — November 2022

In November 2022, COST traded between $485.82 and $539.34. ATM implied volatility averaged 30.1%, placing in the 36.0% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 2.4% (HV 20d: 27.7%). Max pain ranged from $480.00 to $495.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 1.18.

Notable Days

  • 2022-11-15: Highest Volume — 55,916 contracts
  • 2022-11-07: Largest IV spike — 6.7% change
  • 2022-11-09: Highest IV Rank — 47.3%
  • 2022-11-09: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$513.89$485.82$539.34$501.05$539.34
Max Pain$487.86$480.00$495.00$495.00$495.00
ATM IV30.1%27.0%33.8%27.9%27.0%
Expected Move9.0%8.3%9.7%8.4%8.9%
HV 20d27.7%23.3%31.4%28.7%23.8%
HV 60d29.4%28.4%30.2%28.4%29.5%
IV Rank36.0%26.0%47.3%31.9%26.0%
IV Percentile57.9%31.0%88.5%43.3%31.0%
Term Structure0.2%-1.1%3.6%2.9%-0.4%
VWIV32.5%29.3%34.9%29.3%31.5%
Skew 25d4.9%4.2%5.7%4.8%4.3%
Skew 10d10.5%8.7%12.1%9.9%9.8%
Call IV 25d27.9%25.0%31.3%25.5%25.0%
Put IV 25d32.8%29.4%37.0%30.3%29.4%
Bid-Ask Spread %7.823.8130.354.493.81
Gamma HHI0.050.030.130.030.04
Net GEX32.1M-47.5M98.2M15.7M46.3M
Net DEX-1.10B-2.06B166.0M-610.4M-1.71B
Net VEX-12.8M-13.3M-12.3M-13.1M-13.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.891.671.221.11
Total Volume34,387.819,77155,91622,70929,354
Total OI242,023.476216,110268,970233,738241,721

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-11-01$501.05$495.0027.9%8.4%28.7%31.9%29.3%4.8%2.9%15.7M-610.4M-13.1M1.224.4910,24912,460105,288128,450
2022-11-02$486.23$495.0028.6%8.6%30.7%34.2%29.8%4.7%3.1%-27.0M166.0M-12.8M1.085.0318,24219,772106,723129,708
2022-11-03$488.00$480.0028.7%9.1%30.7%33.7%32.1%4.6%3.4%-19.0M4.0M-12.8M1.168.8214,72117,140110,435132,372
2022-11-04$485.82$480.0029.3%9.1%28.3%33.0%33.6%4.2%3.6%-47.5M148.7M-12.6M1.299.2619,54325,174112,717135,755
2022-11-07$489.01$480.0031.2%9.2%28.3%39.1%33.1%5.2%0.1%-12.0M-101.9M-12.3M1.538.0314,26121,871104,257126,221
2022-11-08$493.12$480.0032.4%9.4%28.3%42.9%33.7%5.5%0.0%1.6M-331.5M-12.6M0.958.4718,36617,482108,131132,175
2022-11-09$490.52$480.0033.8%9.7%28.2%47.3%34.9%5.7%0.0%-8.7M-171.4M-12.7M0.997.8513,55713,391110,030136,511
2022-11-10$511.25$480.0031.6%9.1%31.4%40.4%33.9%5.0%0.1%66.4M-1.40B-12.7M1.178.2218,66221,806112,079138,756
2022-11-11$515.80$485.0030.9%8.9%29.0%38.2%32.0%4.8%0.1%98.2M-1.68B-12.7M0.897.9622,92020,323114,478140,952
2022-11-14$513.03$480.0031.6%9.0%28.6%40.4%32.7%5.1%-0.8%45.7M-1.28B-12.6M1.167.4920,07623,361108,933129,664
2022-11-15$527.49$485.0031.2%8.9%29.6%39.1%32.0%5.1%-0.5%81.6M-2.06B-12.6M1.137.9526,30729,609112,021136,340
2022-11-16$524.38$490.0031.4%9.0%29.6%39.7%33.2%5.0%-0.9%75.0M-1.84B-12.7M1.677.5415,67326,184116,743137,624
2022-11-17$519.68$490.0031.6%9.1%29.4%40.4%33.2%5.0%-0.9%54.4M-1.53B-13.0M1.286.8717,31222,157118,582144,316
2022-11-18$523.78$490.0030.8%8.9%28.2%37.8%34.4%4.8%-0.8%53.4M-1.74B-13.1M1.117.0917,99919,996119,926149,044
2022-11-21$522.89$490.0030.6%9.0%24.9%37.1%34.4%4.8%-1.1%23.6M-1.26B-12.9M1.465.8413,13519,19297,733118,377
2022-11-22$531.84$490.0029.0%8.6%25.4%32.3%29.4%4.5%-1.0%56.2M-1.73B-12.6M0.924.7221,60119,943101,095122,263
2022-11-23$533.69$495.0028.0%8.3%25.4%28.9%30.6%4.7%-0.8%71.2M-1.81B-12.8M1.3430.3514,42619,313108,024126,930
2022-11-25$534.37$495.0028.0%8.6%25.3%29.1%31.9%4.8%-1.1%70.5M-1.72B-13.0M0.944.205,0274,744109,820133,809
2022-11-28$530.65$495.0029.4%9.4%24.2%33.3%34.0%5.3%-0.4%15.8M-1.26B-13.1M1.244.8610,05812,454102,594125,742
2022-11-29$529.70$495.0029.0%9.3%23.3%32.1%33.2%4.8%-0.3%13.4M-1.22B-13.3M1.225.276,4457,838105,582130,572
2022-11-30$539.34$495.0027.0%8.9%23.8%26.0%31.5%4.3%-0.4%46.3M-1.71B-13.0M1.113.8113,90715,447107,253134,468