GEN Options History — February 2023

In February 2023, GEN traded between $19.44 and $23.48. ATM implied volatility averaged 27.9%, placing in the 1.2% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded below realized volatility by 10.7% (HV 20d: 38.5%). Max pain ranged from $21.00 to $22.00. Net GEX was positive for 6 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 1.43.

Notable Days

  • 2023-02-03: Highest Volume — 2,987 contracts
  • 2023-02-03: Largest IV drop — 20.1% change
  • 2023-02-02: Highest IV Rank — 5.5%
  • 2023-02-01: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.23$19.44$23.48$23.45$19.44
Max Pain$21.79$21.00$22.00$22.00$21.00
ATM IV27.9%23.5%42.1%39.7%30.6%
Expected Move7.6%6.6%11.4%11.4%8.8%
HV 20d38.5%22.9%42.1%22.9%40.0%
HV 60d817.6%812.2%821.9%821.7%812.8%
IV Rank1.2%0.0%5.5%4.7%2.2%
IV Percentile4.4%0.0%13.1%12.7%13.1%
Term Structure-1.3%-10.2%0.8%-10.2%-3.3%
VWIV25.9%22.6%36.7%36.7%23.6%
Skew 25d4.5%-2.8%11.6%9.8%11.6%
Skew 10d5.8%-11.4%23.3%-11.4%23.3%
Call IV 25d24.5%22.5%33.2%33.2%22.5%
Put IV 25d29.0%23.6%42.9%42.9%34.1%
Bid-Ask Spread %78.5530.51103.3895.2995.85
Gamma HHI0.170.130.280.240.17
Net GEX1.4K-117.0K277.4K274.0K-117.0K
Net DEX1.8M-4.9M4.6M-4.4M4.6M
Net VEX-45.0K-50.1K-39.3K-49.4K-44.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.430.014.701.062.64
Total Volume827.789522,987352495
Total OI12,671.68410,34416,07610,34413,049

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$23.45$22.0039.7%11.4%22.9%4.7%36.7%9.8%-10.2%274.0K-4.4M-49.4K1.0695.29N/AN/A1711816,6173,727
2023-02-02$23.48$21.0042.1%9.1%22.9%5.5%29.3%10.5%-2.4%277.4K-4.9M-50.1K2.8390.83N/AN/A6491,8376,7293,744
2023-02-03$21.29$22.0033.7%7.2%41.5%2.9%24.6%3.9%-0.2%-106.9K2.7M-44.8K2.2790.76N/AN/A9142,0737,0355,491
2023-02-06$21.27$22.0028.3%7.1%40.9%1.3%24.2%2.7%-0.4%14.6K1.9M-39.3K2.4664.19N/AN/A1142817,4654,520
2023-02-07$21.79$22.0023.9%6.6%41.8%0.0%25.8%3.5%0.4%45.4K993.4K-42.1K0.6049.04N/AN/A4592767,5084,721
2023-02-08$21.48$22.0025.9%7.4%42.1%0.6%24.5%2.7%-0.3%23.8K1.3M-42.7K2.0730.51N/AN/A1082247,7284,920
2023-02-09$21.27$22.0025.8%7.4%41.4%0.6%24.7%1.7%0.3%-25.1K2.1M-43.1K0.1951.51N/AN/A279527,7475,120
2023-02-10$21.36$22.0025.4%7.3%41.5%0.5%22.6%3.5%0.2%-22.4K2.0M-44.0K0.1644.52N/AN/A4577,9255,163
2023-02-13$21.41$22.0025.8%7.4%40.3%0.6%25.1%2.0%0.3%-25.8K1.8M-44.4K0.0160.38N/AN/A17627,9395,180
2023-02-14$21.23$22.0024.3%7.0%39.9%0.1%23.0%3.4%0.2%-57.9K2.7M-40.7K0.1262.77N/AN/A494618,0775,182
2023-02-15$21.46$22.0027.5%7.9%39.8%1.1%27.4%4.2%-6.0%-7.0K1.5M-46.4K0.9691.48N/AN/A1,3141,2598,4605,170
2023-02-16$21.45$22.0024.4%7.0%39.7%0.2%25.8%0.8%0.8%76.7K3.3M-46.3K1.1398.56N/AN/A1751979,6606,416
2023-02-17$20.99$22.0024.7%7.1%39.8%0.3%27.6%5.2%-0.6%-62.4K4.6M-44.1K3.51103.38N/AN/A1093839,8056,268
2023-02-21$20.79$22.0025.5%7.3%39.4%0.5%25.7%4.7%-1.3%-18.7K1.7M-43.6K4.7096.58N/AN/A2501,1755,9724,589
2023-02-22$20.54$22.0025.7%7.4%39.4%0.6%27.0%-2.8%-0.9%-56.9K2.6M-48.3K0.20100.39N/AN/A154316,0805,675
2023-02-23$20.59$22.0023.5%6.7%39.5%0.0%23.1%5.6%0.8%-54.9K2.6M-46.5K1.0480.33N/AN/A3974126,2185,703
2023-02-24$20.16$21.0024.8%7.1%39.9%0.4%24.8%2.5%0.5%-70.6K3.3M-48.4K0.0392.92N/AN/A21466,3946,088
2023-02-27$19.95$21.0028.1%8.1%39.4%1.4%26.9%9.8%-1.5%-60.5K3.4M-47.7K1.1093.09N/AN/A3593956,5836,094
2023-02-28$19.44$21.0030.6%8.8%40.0%2.2%23.6%11.6%-3.3%-117.0K4.6M-44.0K2.6495.85N/AN/A1363596,7176,332