COST Options History — April 2024

In April 2024, COST traded between $705.53 and $732.26. ATM implied volatility averaged 19.4%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 0.9% (HV 20d: 18.5%). Max pain ranged from $705.00 to $725.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.82.

Notable Days

  • 2024-04-03: Highest Volume — 58,682 contracts
  • 2024-04-29: Largest IV spike — 14.2% change
  • 2024-04-30: Highest IV Rank — 55.5%
  • 2024-04-15: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$718.47$705.53$732.26$721.57$721.93
Max Pain$722.27$705.00$725.00$705.00$725.00
ATM IV19.4%17.0%24.1%17.0%24.1%
Expected Move5.4%4.7%6.0%4.7%5.7%
HV 20d18.5%12.6%33.5%33.5%13.3%
HV 60d22.2%21.9%22.4%21.9%22.0%
IV Rank30.8%17.7%55.5%17.7%55.5%
IV Percentile60.3%28.6%97.2%28.6%97.2%
Term Structure1.1%-0.9%4.7%0.3%-0.9%
VWIV19.4%16.4%21.2%16.4%20.5%
Skew 25d1.7%1.3%2.4%1.3%2.4%
Skew 10d3.9%2.9%5.0%2.9%5.0%
Call IV 25d18.8%16.7%23.7%16.7%23.7%
Put IV 25d20.5%18.0%26.1%18.0%26.1%
Bid-Ask Spread %48.6431.8958.1653.6157.79
Gamma HHI0.070.030.490.040.04
Net GEX25.4M-154.8M585.7M-40.4M44.5M
Net DEX-1.78B-3.32B-576.6M-1.82B-1.82B
Net VEX-20.4M-21.2M-19.7M-20.1M-19.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.431.240.930.79
Total Volume31,360.86413,30158,68232,81813,301
Total OI292,538.591244,892320,331291,491259,539

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$721.57$705.0017.0%4.7%33.5%17.7%16.4%1.3%0.3%-40.4M-1.82B-20.1M0.9353.6116,98115,837143,198148,293
2024-04-02$711.25$705.0017.4%4.9%33.5%20.1%17.5%1.3%0.4%-119.7M-936.3M-20.1M1.0453.3717,86418,659148,391152,944
2024-04-03$706.08$705.0017.8%4.9%33.5%22.0%17.7%1.5%-0.0%-154.8M-576.6M-20.9M0.8845.1631,17627,506152,782156,282
2024-04-04$705.53$725.0019.2%5.6%32.5%29.3%19.8%1.7%0.1%-87.6M-876.9M-21.2M0.8445.0923,84919,997159,710158,004
2024-04-05$712.48$725.0018.2%5.4%31.9%24.3%19.2%1.4%-0.3%-64.7M-1.53B-21.1M0.7638.1618,68314,138160,094160,237
2024-04-08$711.98$725.0018.3%5.3%17.8%24.8%18.8%1.5%0.2%-47.3M-1.41B-20.7M0.9235.2410,3649,543147,978153,319
2024-04-09$717.12$725.0018.1%5.2%16.7%23.5%18.7%1.7%0.2%8.3M-1.93B-20.3M0.9047.2211,0139,956151,569155,257
2024-04-10$721.90$725.0018.7%5.4%12.6%26.8%19.2%1.5%0.0%61.8M-2.40B-20.8M0.8253.6112,59410,287153,569156,845
2024-04-11$732.26$725.0018.2%5.3%13.5%24.3%19.2%1.3%0.4%173.0M-3.32B-20.6M0.6949.4928,00219,194155,190159,048
2024-04-12$732.10$725.0019.5%5.7%13.5%31.2%20.8%1.5%0.2%170.3M-3.27B-20.9M0.6548.3323,10215,113157,434162,117
2024-04-15$720.14$725.0020.9%6.0%14.5%38.7%21.2%1.7%0.2%11.1M-2.03B-20.2M0.7750.4621,37816,378147,817150,108
2024-04-16$716.92$725.0020.2%5.8%14.2%34.9%20.3%1.9%1.3%-27.1M-1.73B-20.2M1.0352.9211,71212,069152,519152,828
2024-04-17$714.44$725.0020.4%5.9%14.2%35.9%20.4%1.8%0.0%-56.9M-1.48B-20.6M0.9553.2311,67411,055156,881156,881
2024-04-18$713.05$725.0019.6%5.6%13.8%31.8%19.7%1.8%0.3%-91.7M-1.36B-20.6M0.9037.3213,32511,937158,564157,717
2024-04-19$707.45$725.0020.2%5.8%13.4%35.0%20.3%2.0%0.2%-150.4M-907.5M-20.2M1.2449.6318,98223,529159,990159,939
2024-04-22$716.45$725.0019.4%5.6%13.9%30.5%20.0%2.0%4.3%16.9M-1.36B-20.1M0.8754.8211,93710,392122,396122,496
2024-04-23$722.86$725.0018.9%5.4%14.1%28.0%20.1%1.7%4.3%83.7M-1.87B-20.1M0.5331.8914,7647,765126,350124,976
2024-04-24$724.83$725.0018.6%5.3%14.1%26.6%19.0%1.7%4.4%100.0M-2.08B-19.7M0.4341.8220,6928,803128,949126,405
2024-04-25$720.83$725.0019.8%5.4%14.2%32.8%19.4%1.9%4.7%86.3M-1.74B-20.1M0.4355.3027,65511,946131,415129,270
2024-04-26$730.23$725.0020.1%5.3%15.0%34.3%18.8%1.7%4.7%585.7M-2.70B-20.0M0.9458.1617,53816,470135,868131,486
2024-04-29$724.84$725.0023.0%5.5%14.2%49.4%19.7%2.4%-0.6%58.1M-1.99B-20.0M0.7857.4412,7989,981125,371125,823
2024-04-30$721.93$725.0024.1%5.7%13.3%55.5%20.5%2.4%-0.9%44.5M-1.82B-19.8M0.7957.797,4385,863129,566129,973