COST Options History — March 2024

In March 2024, COST traded between $715.37 and $786.29. ATM implied volatility averaged 20.2%, placing in the 37.2% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 8.0% (HV 20d: 28.1%). Max pain ranged from $685.00 to $710.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.82.

Notable Days

  • 2024-03-08: Highest Volume — 238,984 contracts
  • 2024-03-08: Largest IV drop — 34.9% change
  • 2024-03-04: Highest IV Rank — 100.0%
  • 2024-03-01: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$740.52$715.37$786.29$750.75$732.66
Max Pain$698.50$685.00$710.00$710.00$700.00
ATM IV20.2%15.6%32.6%24.8%15.6%
Expected Move5.7%4.3%8.9%8.9%4.3%
HV 20d28.1%12.4%34.1%12.5%33.2%
HV 60d21.4%17.4%24.8%17.4%21.7%
IV Rank37.2%10.5%100.0%77.3%10.5%
IV Percentile44.8%9.9%100.0%96.4%9.9%
Term Structure-0.3%-2.5%1.1%-1.8%0.6%
VWIV20.3%15.5%31.9%31.9%15.5%
Skew 25d0.4%-2.1%1.2%1.0%0.8%
Skew 10d1.0%-3.9%3.3%3.3%2.2%
Call IV 25d20.4%15.5%34.1%25.5%15.5%
Put IV 25d20.9%16.3%32.9%26.6%16.3%
Bid-Ask Spread %44.0420.0754.2036.1454.19
Gamma HHI0.040.030.080.060.03
Net GEX62.4M-145.7M207.7M146.5M18.6M
Net DEX-3.14B-5.77B-1.11B-4.28B-2.70B
Net VEX-20.9M-22.3M-18.0M-18.0M-21.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.541.261.260.82
Total Volume54,787.820,971238,98441,26726,202
Total OI310,435.9247,027363,827259,315314,565

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-03-01$750.75$710.0024.8%8.9%12.5%77.3%31.9%1.0%-1.8%146.5M-4.28B-18.0M1.2636.1418,26023,007118,655140,660
2024-03-04$758.75$685.0028.1%7.2%12.4%100.0%26.1%0.3%-1.7%91.8M-4.20B-18.5M1.0233.2529,55330,189113,296133,731
2024-03-05$758.61$690.0030.4%7.8%12.5%100.0%28.1%0.1%-1.9%73.5M-4.07B-19.8M0.9232.9625,31323,162123,507151,147
2024-03-06$772.33$690.0032.6%8.4%13.2%100.0%30.0%-1.0%-1.8%101.4M-4.96B-19.9M0.8420.0736,37630,530132,352158,326
2024-03-07$786.29$695.0031.6%8.0%13.7%94.9%29.0%-2.1%-2.5%122.5M-5.77B-20.3M0.9039.0262,93756,854143,077171,236
2024-03-08$728.86$700.0020.6%5.8%31.6%36.8%21.2%0.2%-0.2%-145.7M-1.11B-20.8M0.8742.13127,958111,026167,404196,423
2024-03-11$715.37$700.0018.9%5.3%32.3%27.7%19.3%0.3%-0.1%-39.8M-1.19B-22.2M0.7647.0238,42229,389161,213161,072
2024-03-12$737.46$700.0018.4%5.3%34.1%25.2%18.9%0.1%0.3%141.6M-3.49B-22.1M0.5545.3651,19128,299170,003170,450
2024-03-13$732.24$700.0017.8%5.1%33.7%22.0%18.3%0.4%0.3%110.5M-2.96B-22.3M0.5449.0623,92912,908175,150172,077
2024-03-14$731.32$700.0017.4%5.0%33.3%20.2%17.8%0.7%0.0%100.8M-2.93B-21.7M0.6241.2422,87214,251179,057174,228
2024-03-15$726.16$700.0017.0%4.9%33.4%17.7%17.4%0.9%0.8%-47.5M-2.36B-21.8M1.0146.0819,56819,857180,655175,977
2024-03-18$732.45$700.0016.9%4.9%33.5%17.5%17.3%1.1%-0.0%56.0M-2.67B-21.4M0.7643.1411,9469,025145,463148,882
2024-03-19$733.39$700.0016.4%4.7%33.5%14.5%16.8%1.2%0.1%71.9M-2.72B-21.7M0.7950.3811,9629,440147,433151,118
2024-03-20$739.27$700.0015.8%4.5%33.5%11.3%16.1%0.8%0.3%143.3M-3.32B-21.2M0.8946.6011,62710,377149,749152,490
2024-03-21$745.38$700.0016.1%4.6%33.1%12.9%16.4%0.8%0.3%207.7M-3.81B-20.8M0.6152.3829,63918,154151,057154,095
2024-03-22$736.32$700.0016.1%4.6%33.4%13.1%16.3%0.8%0.0%60.3M-2.85B-21.5M0.8154.2020,81016,759153,743157,583
2024-03-25$730.11$700.0016.5%4.7%33.3%15.1%16.8%0.8%1.1%-6.7M-2.26B-21.7M0.8053.9718,02914,461144,812151,350
2024-03-26$731.60$700.0016.5%4.6%33.3%15.2%16.8%0.8%0.0%35.1M-2.56B-21.1M1.0052.5513,34113,360149,674154,266
2024-03-27$731.08$700.0016.0%4.4%33.2%12.8%15.9%0.9%0.2%5.6M-2.51B-20.7M0.7141.0414,50910,264153,376159,366
2024-03-28$732.66$700.0015.6%4.3%33.2%10.5%15.5%0.8%0.6%18.6M-2.70B-21.0M0.8254.1914,40711,795154,041160,524