CTL Options History — June 2018

In June 2018, CTL traded between $17.43 and $18.79. ATM implied volatility averaged 24.7%, placing in the 20.7% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 1.7% (HV 20d: 23.1%). Max pain ranged from $18.00 to $19.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 1.25.

Notable Days

  • 2018-06-15: Highest Volume — 28,303 contracts
  • 2018-06-25: Largest IV spike — 8.2% change
  • 2018-06-27: Highest IV Rank — 23.0%
  • 2018-06-28: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.14$17.43$18.79$17.75$18.72
Max Pain$18.76$18.00$19.00$18.00$18.50
ATM IV24.7%22.9%27.3%25.1%25.8%
Expected Move7.1%6.6%7.8%7.4%7.1%
HV 20d23.1%16.4%34.7%34.7%16.4%
HV 60d28.7%25.6%30.8%30.7%25.6%
IV Rank20.7%19.0%23.0%21.2%21.2%
IV Percentile8.5%2.4%14.3%11.5%9.9%
Term Structure0.9%-1.3%5.8%-0.8%2.1%
VWIV24.9%22.6%27.3%24.1%25.6%
Skew 25d4.5%3.3%13.2%4.7%4.7%
Skew 10d8.2%-7.6%23.9%10.3%11.7%
Call IV 25d23.2%21.6%25.5%22.4%23.5%
Put IV 25d27.7%25.0%38.5%27.1%28.2%
Bid-Ask Spread %9.484.7916.818.036.33
Gamma HHI0.340.140.860.380.21
Net GEX7.1M1.0M46.2M5.8M2.8M
Net DEX18.0M-25.8M70.8M34.0M-24.0M
Net VEX-849.2K-939.2K-788.8K-862.9K-829.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.250.422.631.661.09
Total Volume17,2529,67528,30326,9699,675
Total OI441,318.81290,497572,967549,626322,513

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-06-01$17.75$18.0025.1%7.4%34.7%21.2%24.1%4.7%-0.8%5.8M34.0M-862.9K1.668.03N/AN/A10,14316,826281,573268,053
2018-06-04$17.65$19.0025.3%7.0%33.5%21.0%24.7%3.7%0.6%5.3M48.3M-855.5K0.874.88N/AN/A7,5436,552280,209269,864
2018-06-05$17.43$19.0024.9%7.7%33.7%20.9%26.4%3.8%-0.9%3.9M69.0M-802.6K1.539.76N/AN/A6,67210,183281,410270,610
2018-06-06$17.57$19.0024.4%6.9%33.4%20.4%24.7%4.7%-0.2%5.2M60.6M-816.8K1.508.30N/AN/A7,08310,594282,411274,812
2018-06-07$17.62$19.0024.2%6.8%33.4%20.2%26.0%4.3%0.1%5.9M48.9M-834.1K2.634.79N/AN/A5,05513,272284,890274,243
2018-06-08$17.60$19.0024.0%6.7%17.7%20.1%25.0%4.7%0.1%5.7M57.0M-825.4K1.785.02N/AN/A6,64611,822285,747278,096
2018-06-11$17.86$19.0023.3%6.6%18.1%19.3%23.9%3.5%-0.6%9.6M25.9M-851.0K0.4215.11N/AN/A15,4616,567283,515282,354
2018-06-12$17.91$19.0023.3%6.8%17.4%19.5%24.6%4.4%0.0%9.6M30.2M-819.5K0.9112.41N/AN/A6,2455,683276,735282,528
2018-06-13$17.56$19.0024.3%6.7%18.1%20.3%24.3%4.6%-1.3%3.9M70.8M-788.8K1.888.58N/AN/A5,1739,725278,465282,886
2018-06-14$18.02$19.0022.9%6.6%21.1%19.0%22.6%3.3%0.7%19.8M13.5M-798.1K0.439.45N/AN/A17,7567,639278,447286,946
2018-06-15$18.04$19.0023.5%6.8%21.1%19.6%23.8%4.1%0.5%46.2M-4.6M-854.8K0.677.96N/AN/A16,92211,381284,826288,141
2018-06-18$18.09$19.0024.6%7.1%21.1%20.9%24.4%4.8%-0.6%1.0M24.8M-807.5K0.9110.63N/AN/A7,9667,255125,472165,025
2018-06-19$18.43$19.0024.9%7.2%22.4%21.0%24.8%3.5%0.0%2.1M6.5M-834.3K0.5916.81N/AN/A13,5057,921129,259167,709
2018-06-20$18.56$18.5023.8%6.8%22.6%19.9%23.8%3.8%0.4%2.9M-1.7M-852.8K1.715.51N/AN/A6,02610,289136,789169,831
2018-06-21$18.44$18.5025.2%7.2%22.0%21.2%25.2%4.0%0.0%2.8M5.1M-846.0K1.108.51N/AN/A9,60510,553138,962173,868
2018-06-22$18.60$18.5024.1%6.8%20.3%19.8%23.8%3.5%1.3%3.9M-13.1M-939.2K1.286.24N/AN/A7,2779,332141,789174,801
2018-06-25$18.79$18.5026.0%7.5%19.3%21.8%27.3%4.5%5.8%2.9M-21.7M-913.8K0.9915.15N/AN/A8,0077,922138,184173,070
2018-06-26$18.77$18.5025.6%7.4%19.3%21.5%26.2%13.2%5.5%3.2M-15.1M-879.9K1.4716.01N/AN/A4,9597,274141,459173,802
2018-06-27$18.73$18.5027.3%7.8%19.4%23.0%26.0%3.7%4.1%3.3M-25.8M-937.2K1.299.96N/AN/A4,2705,520143,201174,765
2018-06-28$18.75$18.5027.2%7.8%19.3%22.8%26.2%4.0%1.7%3.3M-10.9M-883.1K1.569.73N/AN/A3,9026,091144,590175,845
2018-06-29$18.72$18.5025.8%7.1%16.4%21.2%25.6%4.7%2.1%2.8M-24.0M-829.7K1.096.33N/AN/A4,6295,046145,608176,905