CTL Options History — July 2015

In July 2015, CTL traded between $28.02 and $30.93. ATM implied volatility averaged 27.1%, placing in the 79.3% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded above realized volatility by 0.9% (HV 20d: 26.1%). Max pain ranged from $32.00 to $33.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.43.

Notable Days

  • 2015-07-27: Highest Volume — 23,691 contracts
  • 2015-07-06: Largest IV spike — 23.6% change
  • 2015-07-27: Highest IV Rank — 100.0%
  • 2015-07-30: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.36$28.02$30.93$29.58$28.62
Max Pain$32.27$32.00$33.00$33.00$32.00
ATM IV27.1%22.4%32.1%24.1%29.8%
Expected Move7.9%6.4%9.2%6.9%8.5%
HV 20d26.1%23.0%30.6%25.4%23.8%
HV 60d22.8%22.0%23.3%22.9%22.4%
IV Rank79.3%49.1%100.0%59.5%86.4%
IV Percentile91.8%67.1%100.0%82.9%97.6%
Term Structure-1.3%-3.2%4.0%3.5%-2.6%
VWIV27.2%22.6%31.6%25.9%29.9%
Skew 25d5.3%3.6%6.5%3.6%4.7%
Skew 10d10.6%3.9%14.8%3.9%9.5%
Call IV 25d25.7%21.7%30.0%24.2%29.1%
Put IV 25d31.0%26.7%36.1%27.8%33.8%
Bid-Ask Spread %20.5114.6438.7438.7423.01
Gamma HHI0.180.110.330.190.11
Net GEX-2.7M-5.5M-508.5K-4.8M-698.7K
Net DEX111.8M57.8M145.9M140.2M85.3M
Net VEX-670.5K-861.4K-595.9K-610.7K-861.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.430.1910.891.291.14
Total Volume7,005.2273,42923,6914,3325,193
Total OI166,153.545128,192195,860175,052165,380

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-07-01$29.58$33.0024.1%6.9%25.4%59.5%25.9%3.6%3.5%-4.8M140.2M-610.7K1.2938.74N/AN/A1,8892,44387,30587,747
2015-07-02$29.62$33.0022.4%6.4%25.5%49.1%22.6%5.0%4.0%-4.8M141.2M-619.6K1.5115.57N/AN/A1,7812,68187,94287,938
2015-07-06$29.43$33.0027.7%8.1%25.1%86.7%27.6%5.3%-2.4%-5.1M145.9M-595.9K1.1014.64N/AN/A1,9532,14788,41188,620
2015-07-07$29.88$33.0025.2%7.8%26.0%80.5%27.6%4.8%-2.0%-4.8M136.8M-621.2K0.3819.59N/AN/A5,1561,96888,75789,325
2015-07-08$29.50$33.0030.8%8.4%26.2%92.0%27.4%5.5%-2.6%-4.4M141.4M-618.5K3.3118.30N/AN/A1,9866,56491,46389,817
2015-07-09$29.55$33.0025.5%7.9%25.9%81.5%26.4%6.5%-2.5%-4.7M143.7M-650.3K0.7218.01N/AN/A3,1782,28491,87392,514
2015-07-10$29.77$32.0022.8%7.7%25.4%76.7%25.2%5.6%-2.2%-4.7M139.1M-690.9K0.5615.99N/AN/A4,6352,60093,45495,447
2015-07-13$30.02$32.0024.9%7.6%25.8%74.9%26.6%5.3%-1.5%-4.0M130.9M-684.3K1.0718.57N/AN/A2,0172,15296,46796,167
2015-07-14$29.97$32.0024.1%7.2%25.8%66.9%27.1%4.8%-1.2%-4.1M131.5M-680.6K0.8618.95N/AN/A1,8451,58496,84996,481
2015-07-15$29.63$32.0025.1%7.2%26.0%65.8%25.1%6.1%-1.2%-5.5M145.5M-643.7K0.5618.53N/AN/A2,7891,56897,04296,526
2015-07-16$30.51$32.0023.4%6.7%28.6%55.3%23.8%4.2%-1.1%-1.9M111.6M-705.6K0.6520.64N/AN/A3,0201,95198,55896,976
2015-07-17$30.93$32.0024.1%6.9%29.0%59.8%25.6%4.9%-1.2%-508.5K95.8M-724.4K1.4923.97N/AN/A2,9424,37598,68997,171
2015-07-20$30.49$32.0026.0%7.4%29.1%71.4%25.5%5.1%0.1%-623.2K57.8M-703.8K0.5921.79N/AN/A3,0501,80466,28561,907
2015-07-21$29.67$32.0025.7%7.4%30.3%69.7%26.1%5.4%-0.3%-821.3K70.1M-657.3K0.7117.20N/AN/A3,8462,71367,92762,233
2015-07-22$29.16$32.0027.7%7.9%30.6%82.6%25.9%6.1%-1.3%-914.1K77.8M-637.3K0.3722.17N/AN/A4,2631,58169,16862,597
2015-07-23$28.93$32.0028.4%8.1%30.1%86.7%31.6%5.9%-1.5%-831.2K79.8M-630.1K1.7120.38N/AN/A2,1723,71771,38362,825
2015-07-24$28.02$32.0030.3%8.7%23.7%98.9%28.1%5.5%-1.7%-1.1M90.7M-604.2K0.9425.04N/AN/A2,8102,65571,93064,388
2015-07-27$28.10$32.0031.9%9.2%23.7%100.0%29.9%6.1%-2.5%-1.1M91.3M-611.5K10.8917.75N/AN/A1,99221,69972,85765,309
2015-07-28$28.20$32.0032.0%9.2%23.2%100.0%29.7%5.8%-3.2%-1.4M99.6M-738.1K0.5521.17N/AN/A4,8472,68473,52877,207
2015-07-29$28.14$32.0031.9%9.2%23.2%99.4%30.5%5.9%-2.8%-1.3M101.9M-722.2K0.8325.05N/AN/A2,9382,43475,44977,914
2015-07-30$28.19$32.0032.1%9.2%23.0%100.0%29.9%5.1%-3.2%-1.3M101.5M-740.1K0.1916.06N/AN/A15,3502,85976,75778,795
2015-07-31$28.62$32.0029.8%8.5%23.8%86.4%29.9%4.7%-2.6%-698.7K85.3M-861.4K1.1423.01N/AN/A2,4292,76486,11879,262