GEN Options History — May 2023

In May 2023, GEN traded between $15.48 and $17.64. ATM implied volatility averaged 35.4%, placing in the 3.6% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 0.2% (HV 20d: 35.3%). Max pain ranged from $17.00 to $17.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.61.

Notable Days

  • 2023-05-19: Highest Volume — 7,129 contracts
  • 2023-05-10: Largest IV drop — 24.7% change
  • 2023-05-09: Highest IV Rank — 7.4%
  • 2023-05-03: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.81$15.48$17.64$17.64$17.51
Max Pain$17.00$17.00$17.00$17.00$17.00
ATM IV35.4%28.3%47.9%35.4%30.3%
Expected Move9.7%8.1%12.9%10.1%8.7%
HV 20d35.3%20.5%46.3%20.5%43.2%
HV 60d32.9%28.4%36.5%34.0%36.4%
IV Rank3.6%1.5%7.4%3.6%2.1%
IV Percentile27.5%13.1%38.1%32.1%20.6%
Term Structure-2.0%-10.1%1.6%-4.4%-1.3%
VWIV33.7%27.4%45.1%39.2%32.3%
Skew 25d6.5%2.3%9.0%6.0%8.7%
Skew 10d15.2%3.7%25.0%10.1%17.9%
Call IV 25d30.8%26.0%42.3%34.4%26.4%
Put IV 25d37.3%31.9%47.0%40.4%35.1%
Bid-Ask Spread %39.829.9881.3738.3921.74
Gamma HHI0.250.200.290.260.27
Net GEX341.6K105.8K729.1K252.0K729.1K
Net DEX-3.4M-15.5M5.6M-2.7M-15.5M
Net VEX-93.4K-139.6K-64.5K-67.0K-139.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.021.731.190.09
Total Volume1,733.9091767,1292,141176
Total OI34,413.27323,43544,43823,43544,438

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$17.64$17.0035.4%10.1%20.5%3.6%39.2%6.0%-4.4%252.0K-2.7M-67.0K1.1938.39N/AN/A9761,16514,1099,326
2023-05-02$16.98$17.0039.1%11.2%24.7%4.8%40.5%2.3%-5.3%210.2K-486.3K-66.0K0.4281.37N/AN/A27811715,0549,351
2023-05-03$16.80$17.0044.8%12.9%24.8%6.5%45.1%4.7%-10.1%184.7K187.5K-65.7K1.7371.30N/AN/A23841215,3239,420
2023-05-04$16.48$17.0047.8%11.4%25.0%7.4%37.2%8.7%-4.1%133.6K1.7M-64.5K0.4142.41N/AN/A1,36255315,5449,826
2023-05-05$17.07$17.0041.1%10.3%28.4%5.4%35.6%9.0%-2.3%233.6K-1.1M-76.0K1.6154.59N/AN/A18329416,81910,305
2023-05-08$17.09$17.0046.4%10.5%28.4%7.0%34.7%7.8%-4.0%228.7K-1.1M-75.8K0.6847.14N/AN/A54537316,95110,463
2023-05-09$16.96$17.0047.9%10.4%26.1%7.4%39.8%8.3%-2.5%227.3K-631.2K-75.0K0.0522.08N/AN/A7594017,44110,593
2023-05-10$17.26$17.0036.1%10.3%26.8%3.8%36.1%7.3%-2.6%290.4K-2.5M-78.9K0.0444.61N/AN/A8263618,07010,605
2023-05-11$17.23$17.0037.3%10.7%26.8%4.2%37.4%7.3%-3.0%313.1K-3.2M-82.1K0.7265.93N/AN/A95769218,84010,637
2023-05-12$16.24$17.0033.1%9.5%33.7%2.9%31.6%8.7%-0.0%105.8K3.6M-68.3K1.5480.57N/AN/A1,0361,60019,50711,321
2023-05-15$16.43$17.0028.3%8.1%33.1%1.5%27.4%5.4%1.6%219.1K3.1M-68.2K0.0528.93N/AN/A5,21628220,10111,705
2023-05-16$15.48$17.0032.4%9.3%38.4%2.7%32.2%5.1%-1.4%134.8K5.6M-70.2K1.0829.85N/AN/A1,1121,20224,60711,854
2023-05-17$16.01$17.0029.3%8.4%40.9%1.8%29.0%4.5%0.2%193.2K2.8M-83.0K0.4150.06N/AN/A96039325,47912,767
2023-05-18$16.07$17.0029.1%8.3%40.9%1.7%27.8%5.0%0.1%180.5K2.2M-85.3K0.9015.18N/AN/A1,6051,43726,37312,921
2023-05-19$16.18$17.0030.3%8.7%41.1%2.1%28.4%5.9%-1.1%277.2K2.3M-90.8K0.789.98N/AN/A3,9983,13127,86014,336
2023-05-22$17.11$17.0029.3%8.4%46.3%1.8%29.2%6.2%0.9%594.7K-11.0M-129.3K0.1217.67N/AN/A1,66619327,21513,786
2023-05-23$17.07$17.0030.0%8.6%46.2%2.0%30.3%6.7%0.3%591.7K-10.9M-131.8K0.6119.04N/AN/A64639727,51114,238
2023-05-24$16.95$17.0032.2%9.2%46.1%2.7%33.1%6.1%-0.6%566.4K-10.5M-132.5K0.2754.64N/AN/A2927827,99714,469
2023-05-25$16.88$17.0033.1%9.5%44.6%2.9%31.5%6.3%-1.0%542.9K-9.6M-132.7K0.2515.74N/AN/A1,01725128,11114,480
2023-05-26$17.11$17.0031.9%9.1%45.0%2.6%31.9%5.8%-1.1%620.5K-12.2M-135.7K0.0234.45N/AN/A6631328,81214,710
2023-05-30$17.29$17.0034.2%9.8%45.2%3.3%31.5%7.3%-2.8%685.4K-13.9M-135.3K0.5330.37N/AN/A64033629,10414,713
2023-05-31$17.51$17.0030.3%8.7%43.2%2.1%32.3%8.7%-1.3%729.1K-15.5M-139.6K0.0921.74N/AN/A1611529,46814,970