CTL Options History — October 2013

In October 2013, CTL traded between $31.19 and $33.86. ATM implied volatility averaged 21.7%, placing in the 66.9% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 3.2% (HV 20d: 18.4%). Max pain ranged from $28.00 to $35.00. Net GEX was positive for 15 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.64.

Notable Days

  • 2013-10-03: Highest Volume — 11,141 contracts
  • 2013-10-03: Largest IV spike — 15.6% change
  • 2013-10-08: Highest IV Rank — 87.0%
  • 2013-10-08: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.72$31.19$33.86$31.76$33.86
Max Pain$29.30$28.00$35.00$28.00$28.00
ATM IV21.7%17.3%23.8%17.3%22.8%
Expected Move6.8%6.3%7.2%7.0%6.3%
HV 20d18.4%11.0%21.5%13.5%19.5%
HV 60d19.3%17.1%20.4%17.3%20.3%
IV Rank66.9%32.3%87.0%32.7%69.7%
IV Percentile85.7%37.7%97.6%39.3%90.5%
Term Structure-1.4%-4.3%5.1%5.1%-3.8%
VWIV23.8%13.2%28.8%24.9%22.2%
Skew 25d4.3%3.2%5.3%3.4%4.2%
Skew 10d9.8%4.6%16.3%13.4%10.5%
Call IV 25d21.1%17.3%23.6%18.2%22.4%
Put IV 25d25.3%21.3%28.7%21.6%26.6%
Bid-Ask Spread %13.149.8416.9411.6011.97
Gamma HHI0.190.160.270.190.18
Net GEX716.5K-3.1M4.2M-2.0M4.2M
Net DEX25.2M-26.6M91.2M74.3M-26.6M
Net VEX-766.7K-833.8K-716.4K-723.2K-793.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.141.481.480.50
Total Volume4,165.04384211,1415,4811,670
Total OI181,617.304157,558201,176178,854167,527

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-10-01$31.76$28.0017.3%7.0%13.5%32.7%24.9%3.4%5.1%-2.0M74.3M-723.2K1.4811.60N/AN/A2,2093,272103,29675,558
2013-10-02$31.61$28.0017.3%7.0%13.0%32.3%24.3%4.0%4.3%-2.5M80.2M-716.4K0.5213.41N/AN/A4,4942,323104,43678,395
2013-10-03$31.19$28.0020.0%7.1%13.2%50.5%22.7%4.1%3.7%-2.7M88.6M-732.4K0.6811.62N/AN/A6,6204,521106,72179,415
2013-10-04$31.20$28.0020.1%7.1%13.0%75.8%27.1%5.2%-1.3%-3.1M91.2M-735.1K1.4712.54N/AN/A1,4672,163106,05881,111
2013-10-07$31.41$28.0020.3%7.0%13.2%83.4%22.9%4.6%-2.3%-3.0M84.0M-733.3K0.2412.81N/AN/A4,6111,095106,68182,179
2013-10-08$31.28$28.0021.3%7.2%11.0%87.0%13.2%4.2%-2.6%-2.3M80.8M-747.6K0.3813.31N/AN/A2,581981109,94981,896
2013-10-09$32.19$28.0021.5%7.2%15.5%84.8%28.8%5.1%-2.1%-809.5K49.0M-785.5K1.2215.24N/AN/A3,1683,858110,57081,855
2013-10-10$33.34$28.0023.8%7.1%19.9%76.6%23.5%4.8%-2.6%1.2M6.2M-829.4K0.1415.77N/AN/A6,935978111,90884,718
2013-10-11$33.22$28.0022.8%7.0%19.9%69.8%24.8%3.8%-1.8%1.4M7.3M-833.8K0.3812.41N/AN/A1,636627113,54984,971
2013-10-14$32.68$28.0022.6%6.9%20.9%68.1%26.6%4.3%-1.8%308.5K29.7M-793.4K1.1610.67N/AN/A1,1021,274114,14185,278
2013-10-15$32.53$30.0023.4%6.9%20.9%73.9%24.8%4.5%-2.7%-8.4K33.8M-768.7K1.3513.30N/AN/A1,1471,551114,18385,446
2013-10-16$32.92$30.0022.5%6.8%21.3%67.4%18.9%5.1%-2.2%986.4K21.8M-766.3K0.1812.60N/AN/A1,812326114,20485,916
2013-10-17$33.25$30.0021.9%6.9%21.5%64.0%28.4%3.2%-2.0%1.7M7.8M-788.0K0.6513.64N/AN/A2,0261,318114,48885,843
2013-10-18$33.01$30.0022.2%6.8%21.1%65.8%26.5%3.4%-2.4%2.3M12.9M-755.5K0.4712.06N/AN/A3,2651,529114,78786,389
2013-10-21$32.99$30.0022.1%6.8%21.1%64.6%22.8%5.1%-1.2%1.0M11.5M-741.9K0.2616.32N/AN/A4,1301,06384,55972,999
2013-10-22$33.42$30.0021.8%6.8%21.4%63.2%20.4%3.5%-0.8%2.5M-10.0M-742.3K0.2514.78N/AN/A2,16453287,48573,511
2013-10-23$33.39$30.0022.7%6.7%21.3%68.9%25.2%3.8%-2.0%2.7M-9.3M-775.7K1.2013.10N/AN/A1,1351,36288,93373,649
2013-10-24$33.22$30.0022.5%6.8%21.4%67.4%20.1%3.9%-1.7%2.3M-2.1M-768.1K0.4813.50N/AN/A1,26760389,25574,224
2013-10-25$33.27$35.0022.5%6.7%21.0%67.6%22.5%4.3%-1.9%2.4M-897.0K-769.1K0.689.84N/AN/A50234089,42574,336
2013-10-28$33.52$35.0022.3%6.4%20.3%66.1%26.2%5.3%-2.6%2.8M-11.5M-754.4K0.3211.13N/AN/A2,31172989,76474,355
2013-10-29$33.81$28.0022.3%6.3%20.1%66.4%27.7%4.3%-3.1%3.6M-23.5M-802.8K0.1913.56N/AN/A6,5391,23891,35674,578
2013-10-30$33.53$28.0023.2%6.4%20.3%72.4%22.9%3.7%-4.3%3.3M-14.6M-777.6K0.4316.94N/AN/A92639692,44074,861
2013-10-31$33.86$28.0022.8%6.3%19.5%69.7%22.2%4.2%-3.8%4.2M-26.6M-793.6K0.5011.97N/AN/A1,11255892,57374,954