ETQ Options History — June 2016

In June 2016, ETQ traded between $32.15 and $34.75. ATM implied volatility averaged 12.5%, placing in the 3.0% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded below realized volatility by 6.6% (HV 20d: 19.1%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 3 of 22 days.

Notable Days

  • 2016-06-20: Highest Volume — 1 contracts
  • 2016-06-23: Largest IV spike — 63.2% change
  • 2016-06-23: Highest IV Rank — 8.4%
  • 2016-06-08: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.62$32.15$34.75$33.04$34.24
ATM IV12.5%10.1%17.7%12.9%16.3%
Expected Move4.4%2.9%6.4%5.0%3.8%
HV 20d19.1%13.4%29.9%14.3%29.9%
HV 60d290.1%289.9%290.4%290.1%290.4%
IV Rank3.0%0.5%8.4%3.4%7.0%
IV Percentile10.1%1.4%22.3%12.1%22.3%
Term Structure-0.3%-4.1%5.5%-3.6%-3.3%
Skew 25d3.0%-0.7%5.2%3.6%3.4%
Skew 10d5.5%2.3%10.6%5.5%10.6%
Call IV 25d15.4%13.0%18.0%14.9%15.5%
Put IV 25d18.4%16.3%20.5%18.5%18.8%
Bid-Ask Spread %16.8310.6724.9513.5512.89
Gamma HHI1.001.001.001.001.00
Net GEX-2-2900-1
Net DEX407302
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.4090101
Total OI0.4090101

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-06-01$33.04$0.0012.9%5.0%14.3%3.4%0.0%3.6%0.0%0000.0013.550000
2016-06-02$33.23$0.0011.6%4.7%13.4%2.1%0.0%4.3%-3.6%0000.0013.730000
2016-06-03$33.72$0.0012.6%5.3%14.2%3.1%0.0%3.3%-1.2%0000.0013.950000
2016-06-06$34.18$0.0011.9%5.6%14.8%2.3%0.0%4.4%0.0%0000.0014.510000
2016-06-07$34.53$0.0011.7%5.8%14.4%2.2%0.0%2.9%0.0%0000.0010.670000
2016-06-08$34.75$0.0012.3%6.4%14.1%2.8%0.0%3.9%0.0%0000.0011.710000
2016-06-09$34.38$0.0012.6%4.7%14.8%3.1%0.0%3.5%5.5%0000.0018.350000
2016-06-10$33.67$0.0012.5%3.3%16.8%3.0%0.0%5.2%-1.3%0000.0017.240000
2016-06-13$33.15$0.0011.1%2.9%16.8%1.5%0.0%4.3%0.0%0000.0019.780000
2016-06-14$32.85$0.0012.9%3.6%17.0%3.4%0.0%4.0%0.0%0000.0024.950000
2016-06-15$33.35$0.0010.8%3.1%17.6%1.2%0.0%2.8%0.0%0000.0016.190000
2016-06-16$32.85$0.0012.4%3.6%18.4%2.9%0.0%1.4%2.4%0000.0016.400000
2016-06-17$33.17$0.0011.4%3.5%17.6%1.8%0.0%3.5%-4.1%0000.0019.610000
2016-06-20$33.97$0.0012.4%4.0%19.0%2.8%0.0%4.6%0.0%0000.0021.600101
2016-06-21$34.03$0.0012.3%3.9%18.9%2.8%0.0%2.3%0.0%0000.0016.670101
2016-06-22$34.01$0.0010.8%3.8%18.9%1.2%0.0%1.8%0.0%0000.0018.730101
2016-06-23$34.45$0.0017.7%5.8%18.8%8.4%0.0%-0.7%-1.7%-2300.0017.830101
2016-06-24$32.97$0.0010.8%4.4%24.9%1.1%0.0%3.9%4.5%-81600.0020.800101
2016-06-27$32.15$0.0015.6%4.1%26.4%6.3%0.0%1.8%0.0%-297300.0018.220101
2016-06-28$33.04$0.0010.1%4.5%28.3%0.5%0.0%1.1%0.0%0000.0016.100101
2016-06-29$33.91$0.0011.7%5.0%29.8%2.2%0.0%1.1%0.0%0000.0016.860101
2016-06-30$34.24$0.0016.3%3.8%29.9%7.0%0.0%3.4%-3.3%-1200.0012.890101