CTL Options History — October 2017

In October 2017, CTL traded between $17.48 and $20.33. ATM implied volatility averaged 42.2%, placing in the 83.1% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 10.4% (HV 20d: 31.8%). Max pain ranged from $19.00 to $20.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.02.

Notable Days

  • 2017-10-20: Highest Volume — 105,709 contracts
  • 2017-10-11: Largest IV spike — 14.4% change
  • 2017-10-20: Highest IV Rank — 100.0%
  • 2017-10-30: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.32$17.48$20.33$19.31$18.94
Max Pain$19.86$19.00$20.00$20.00$19.00
ATM IV42.2%32.4%53.8%37.7%52.0%
Expected Move12.4%9.8%15.4%10.8%14.9%
HV 20d31.8%27.1%38.2%32.9%36.6%
HV 60d36.0%35.0%38.0%35.4%38.0%
IV Rank83.1%58.8%100.0%69.8%95.2%
IV Percentile96.6%83.3%100.0%94.4%99.6%
Term Structure-2.9%-7.9%6.2%6.2%-5.9%
VWIV43.6%34.6%53.6%35.9%52.6%
Skew 25d1.6%-4.0%4.3%3.0%4.3%
Skew 10d2.1%-8.5%9.6%2.9%9.6%
Call IV 25d43.4%35.9%55.4%35.9%52.0%
Put IV 25d45.1%34.3%56.3%38.9%56.3%
Bid-Ask Spread %18.339.3535.629.3521.23
Gamma HHI0.150.110.200.140.14
Net GEX130.4K-5.1M3.2M-810.0K3.2M
Net DEX110.0M45.1M216.6M123.8M45.1M
Net VEX-1.2M-1.4M-955.5K-1.0M-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.104.030.330.40
Total Volume23,379.2734,529105,70910,55718,838
Total OI461,459.091401,932530,782401,932530,782

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-10-02$19.31$20.0037.7%10.8%32.9%69.8%35.9%3.0%6.2%-810.0K123.8M-1.0M0.339.35N/AN/A7,9362,621213,258188,674
2017-10-03$20.18$20.0035.0%10.0%35.1%61.4%36.1%-4.0%4.8%895.8K67.0M-1.1M0.5413.62N/AN/A21,11011,413217,881188,853
2017-10-04$20.09$20.0034.2%9.8%34.0%58.8%34.6%-1.9%4.0%1.7M66.5M-1.2M0.999.96N/AN/A7,3327,258235,714195,830
2017-10-05$20.01$20.0032.4%10.9%33.0%70.4%38.7%3.0%-3.7%1.3M73.2M-1.2M1.3718.55N/AN/A8,65911,828236,950200,029
2017-10-06$20.02$20.0033.6%11.1%32.8%73.4%39.0%3.8%-3.3%1.1M80.1M-1.2M4.0318.19N/AN/A3,40813,746238,095206,947
2017-10-09$20.09$20.0034.1%11.2%32.3%74.5%38.7%3.0%-1.7%879.4K87.9M-1.2M1.7317.26N/AN/A1,6612,868236,117217,340
2017-10-10$20.33$20.0034.4%11.5%29.9%77.5%39.4%3.1%-3.5%1.7M64.6M-1.2M1.7213.81N/AN/A3,3265,712236,291217,596
2017-10-11$20.25$20.0039.4%11.3%29.0%75.2%39.1%2.1%-2.2%1.9M71.3M-1.2M1.2614.82N/AN/A4,0415,105237,186219,697
2017-10-12$20.33$20.0040.2%11.5%28.9%77.7%39.9%1.2%-3.8%1.8M71.2M-1.2M0.9327.83N/AN/A7,2146,695238,862222,028
2017-10-13$20.24$20.0039.0%11.2%28.8%74.1%39.3%4.2%-1.2%1.8M75.1M-1.2M1.4615.65N/AN/A3,8365,615240,769224,751
2017-10-16$19.75$20.0041.9%12.0%27.1%83.2%41.8%2.3%-4.2%193.4K123.6M-1.1M0.7922.25N/AN/A7,9256,253241,513223,562
2017-10-17$18.99$20.0041.9%12.0%30.9%83.2%41.5%4.0%-4.3%-3.7M179.1M-1.0M0.9319.95N/AN/A7,3646,822241,710224,867
2017-10-18$18.64$20.0044.8%12.8%31.6%92.5%48.6%3.0%-5.2%-4.9M205.5M-975.5K1.9315.77N/AN/A8,77516,915245,974228,173
2017-10-19$18.48$20.0046.6%13.4%31.5%98.2%46.3%2.0%-5.5%-5.1M216.6M-955.5K0.7118.63N/AN/A12,7119,087249,883236,171
2017-10-20$19.03$20.0050.0%14.3%33.2%100.0%52.5%-0.1%-7.1%-2.2M156.3M-1.1M0.1016.92N/AN/A96,4679,242258,852239,422
2017-10-23$18.81$20.0049.3%14.1%29.7%97.9%49.8%0.8%-4.7%303.7K101.0M-1.3M0.4615.55N/AN/A25,85611,783238,578197,167
2017-10-24$18.72$20.0045.7%13.1%29.8%87.5%46.2%2.0%-4.6%635.9K106.0M-1.3M0.7013.91N/AN/A9,0266,316256,797203,871
2017-10-25$18.52$20.0046.2%13.3%29.9%89.0%47.8%0.7%-4.9%470.1K116.4M-1.2M0.7730.50N/AN/A5,3274,123261,068205,250
2017-10-26$18.47$20.0047.1%13.5%29.9%91.7%47.1%2.1%-1.5%412.9K119.7M-1.2M0.7617.31N/AN/A4,9593,760261,934204,484
2017-10-27$17.48$19.0049.3%14.1%34.7%97.9%50.3%-1.7%-4.7%-717.9K173.4M-989.7K0.1816.51N/AN/A60,97511,189263,209204,543
2017-10-30$18.32$19.0053.8%15.4%38.2%100.0%53.6%-1.3%-7.9%2.0M97.4M-1.3M0.4635.62N/AN/A19,9719,276311,887209,535
2017-10-31$18.94$19.0052.0%14.9%36.6%95.2%52.6%4.3%-5.9%3.2M45.1M-1.4M0.4021.23N/AN/A13,4915,347317,363213,419