GEN Options History — March 2023

In March 2023, GEN traded between $15.86 and $19.31. ATM implied volatility averaged 36.0%, placing in the 3.8% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 3.9% (HV 20d: 32.0%). Max pain ranged from $17.00 to $21.00. Net GEX was positive for 13 of 23 trading days. Term structure was in contango for 19 of 23 days. Put/call ratio averaged 1.15.

Notable Days

  • 2023-03-16: Highest Volume — 5,211 contracts
  • 2023-03-13: Largest IV spike — 61.9% change
  • 2023-03-13: Highest IV Rank — 16.9%
  • 2023-03-16: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.23$15.86$19.31$19.23$17.06
Max Pain$18.35$17.00$21.00$21.00$17.00
ATM IV36.0%25.6%79.0%27.8%26.5%
Expected Move9.0%7.4%10.6%8.0%7.6%
HV 20d32.0%18.0%39.5%39.5%39.4%
HV 60d338.8%32.8%812.9%812.9%34.9%
IV Rank3.8%0.7%16.9%1.3%0.9%
IV Percentile16.3%3.6%23.4%8.3%6.3%
Term Structure2.7%-6.4%9.0%-2.0%9.0%
VWIV30.8%23.7%39.9%27.8%26.3%
Skew 25d6.7%1.3%15.6%5.1%2.6%
Skew 10d13.4%-13.5%38.5%33.9%8.8%
Call IV 25d28.9%23.6%34.5%27.0%25.4%
Put IV 25d35.6%27.2%44.9%32.2%27.9%
Bid-Ask Spread %85.2237.48105.3591.7974.95
Gamma HHI0.360.180.520.200.52
Net GEX94.9K-159.2K519.0K-141.5K519.0K
Net DEX2.9M-3.3M6.3M5.0M-3.3M
Net VEX-53.5K-73.6K-31.9K-44.2K-73.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.150.035.961.441.15
Total Volume1,106.4782335,2111,2021,056
Total OI20,445.69613,39029,01313,39029,013

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$19.23$21.0027.8%8.0%39.5%1.3%27.8%5.1%-2.0%-141.5K5.0M-44.2K1.4491.79N/AN/A4927106,8076,583
2023-03-02$19.30$21.0034.0%9.7%38.0%3.2%0.0%14.6%-6.4%-134.0K5.1M-47.7K0.72105.35N/AN/A1451047,0877,186
2023-03-03$19.27$21.0032.1%9.2%37.9%2.6%26.2%1.6%-5.7%-142.6K5.2M-49.1K0.11104.11N/AN/A220247,1827,259
2023-03-06$19.31$20.0030.9%7.6%18.9%2.3%23.7%3.6%2.4%-142.4K4.7M-47.3K3.1680.48N/AN/A561777,2066,952
2023-03-07$18.71$20.0025.6%7.4%21.1%0.7%24.4%5.3%3.0%-159.2K6.0M-43.3K2.4083.84N/AN/A2435837,2377,101
2023-03-08$18.39$20.0028.0%8.2%18.0%1.4%28.4%3.2%2.1%-137.0K4.5M-40.7K1.3090.09N/AN/A5016537,3446,077
2023-03-09$17.77$20.0034.6%8.4%20.1%3.4%26.4%6.1%1.7%-151.6K5.1M-39.6K2.0087.31N/AN/A3256507,6496,314
2023-03-10$16.66$20.0048.8%9.2%28.1%7.7%32.9%15.6%-0.4%-125.7K6.3M-31.9K0.5191.72N/AN/A3491777,8386,234
2023-03-13$16.52$19.0079.0%10.4%27.4%16.9%39.4%8.5%0.4%-95.3K5.7M-35.5K0.1190.14N/AN/A1,3071428,1236,158
2023-03-14$15.88$19.0068.8%10.1%28.4%13.8%34.4%9.8%3.1%-54.3K5.9M-34.6K0.2792.10N/AN/A2,6276979,3486,243
2023-03-15$15.86$17.0036.3%10.4%28.7%3.9%39.9%9.9%2.0%39.6K4.6M-40.7K0.3299.08N/AN/A1,05933911,7516,520
2023-03-16$16.11$17.0037.0%10.6%29.3%4.1%37.2%10.8%3.2%64.0K4.1M-43.0K1.6196.05N/AN/A1,9953,21612,6666,548
2023-03-17$16.23$17.0036.4%10.4%29.9%3.9%35.3%7.6%3.9%198.3K2.1M-61.8K2.2890.07N/AN/A16036516,6939,185
2023-03-20$16.63$17.0034.6%9.9%32.7%3.4%31.7%8.8%2.1%208.9K845.1K-65.6K0.2637.48N/AN/A74419315,3329,331
2023-03-21$17.16$17.0032.5%9.3%36.1%2.8%31.8%6.1%4.3%240.6K-1.6M-69.1K1.1644.65N/AN/A37743615,8279,467
2023-03-22$16.63$17.0031.1%8.9%36.9%2.3%31.5%1.8%4.1%256.9K725.6K-67.3K0.2597.16N/AN/A1934916,1099,835
2023-03-23$16.37$17.0033.7%9.7%36.6%3.1%28.2%5.7%4.5%246.3K2.3M-65.1K5.9681.21N/AN/A11468016,2409,854
2023-03-24$16.36$17.0033.2%9.5%36.6%3.0%32.5%7.4%7.5%242.9K2.5M-64.5K0.1494.03N/AN/A3264716,23110,022
2023-03-27$16.77$17.0029.4%8.4%38.7%1.8%32.1%7.9%3.7%323.9K-96.4K-66.7K0.8980.62N/AN/A26823916,5219,729
2023-03-28$16.70$17.0029.8%8.5%38.2%1.9%29.8%5.4%5.3%330.8K261.6K-66.9K0.3188.69N/AN/A36011016,7759,809
2023-03-29$16.64$17.0029.4%8.4%38.2%1.8%28.8%4.4%5.6%360.6K655.7K-64.9K0.0982.34N/AN/A1,18510717,1289,817
2023-03-30$16.71$17.0028.0%8.0%38.2%1.4%28.1%1.3%8.3%433.8K-352.6K-68.3K0.0376.81N/AN/A1,6054418,0479,873
2023-03-31$17.06$17.0026.5%7.6%39.4%0.9%26.3%2.6%9.0%519.0K-3.3M-73.6K1.1574.95N/AN/A49156519,1829,831