GEN Options History — September 2023

In September 2023, GEN traded between $17.63 and $20.68. ATM implied volatility averaged 24.3%, placing in the 1.7% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 2.0% (HV 20d: 22.4%). Max pain ranged from $17.00 to $19.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.62.

Notable Days

  • 2023-09-14: Highest Volume — 1,123 contracts
  • 2023-09-12: Largest IV spike — 32.0% change
  • 2023-09-12: Highest IV Rank — 3.9%
  • 2023-09-28: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.13$17.63$20.68$20.46$17.63
Max Pain$17.10$17.00$19.00$19.00$17.00
ATM IV24.3%18.7%31.7%20.0%25.2%
Expected Move6.9%5.7%7.7%5.7%7.2%
HV 20d22.4%19.7%32.7%32.7%20.0%
HV 60d30.2%29.5%31.0%30.2%29.8%
IV Rank1.7%0.0%3.9%0.0%2.0%
IV Percentile15.6%0.0%45.2%0.0%21.0%
Term Structure4.5%2.9%6.5%3.9%5.2%
VWIV23.9%18.8%27.2%18.8%25.6%
Skew 25d1.8%0.2%3.7%2.2%0.6%
Skew 10d-0.7%-6.7%11.7%1.6%-4.9%
Call IV 25d23.8%18.1%27.2%18.1%25.6%
Put IV 25d25.5%20.3%28.2%20.3%26.3%
Bid-Ask Spread %23.217.0882.6710.639.97
Gamma HHI0.190.140.400.180.21
Net GEX782.7K-393.6K928.8K850.0K902.9K
Net DEX-23.5M-38.8M-8.8M-37.3M-8.8M
Net VEX-102.7K-113.5K-85.6K-111.8K-85.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.093.730.450.17
Total Volume361.5531,123107206
Total OI43,210.2539,75846,45845,35340,789

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$20.46$19.0020.0%5.7%32.7%0.0%18.8%2.2%3.9%850.0K-37.3M-111.8K0.4510.63N/AN/A743332,75612,597
2023-09-05$20.68$17.0018.7%6.5%26.7%0.0%22.9%3.7%3.0%857.9K-38.8M-109.0K1.4611.02N/AN/A25737432,80112,625
2023-09-06$20.26$17.0023.6%6.9%23.3%1.5%22.8%1.7%3.1%817.3K-35.0M-111.8K0.639.85N/AN/A895632,93612,980
2023-09-07$20.09$17.0025.1%7.0%20.3%1.9%23.5%2.4%3.2%817.6K-32.9M-113.5K1.1615.49N/AN/A21725133,04713,010
2023-09-08$19.98$17.0021.5%6.7%20.2%0.8%24.0%2.9%2.9%825.3K-31.8M-109.1K0.4617.12N/AN/A26612333,05212,948
2023-09-11$19.30$17.0024.0%6.4%22.9%1.6%23.1%0.6%5.2%755.2K-25.6M-106.4K0.0910.07N/AN/A6626033,23113,038
2023-09-12$19.44$17.0031.7%6.9%23.0%3.9%20.3%3.1%2.9%803.9K-26.6M-108.1K0.1616.99N/AN/A1342133,56312,895
2023-09-13$19.02$17.0024.1%6.9%23.6%1.6%24.8%2.0%3.6%708.1K-22.9M-105.7K0.499.22N/AN/A59929233,72012,715
2023-09-14$19.16$17.0023.0%6.6%23.8%1.3%21.9%2.0%4.8%587.0K-24.5M-103.4K0.099.16N/AN/A1,0339033,44312,757
2023-09-15$19.01$17.0023.2%6.7%23.4%1.4%23.2%1.3%5.8%-393.6K-22.9M-103.3K0.679.87N/AN/A16611133,20412,806
2023-09-18$19.07$17.0023.0%6.6%23.0%1.3%23.0%2.0%4.9%888.7K-22.0M-102.2K0.287.08N/AN/A2326530,0329,726
2023-09-19$19.02$17.0024.1%6.9%21.3%1.6%22.7%2.6%4.3%896.3K-21.7M-102.2K0.508.22N/AN/A1256230,1859,926
2023-09-20$19.14$17.0024.1%6.9%21.4%1.6%23.8%0.5%5.1%886.6K-23.2M-101.8K0.3480.43N/AN/A1244230,2289,919
2023-09-21$19.01$17.0025.6%7.3%21.0%2.1%26.3%0.8%4.0%885.6K-21.7M-102.4K0.3633.55N/AN/A1174230,3099,943
2023-09-22$18.87$17.0024.9%7.2%19.7%1.9%25.1%1.3%4.8%907.7K-20.2M-102.0K0.2582.67N/AN/A2867130,2989,980
2023-09-25$18.64$17.0025.3%7.2%19.7%2.0%25.3%2.0%5.2%923.3K-18.2M-99.8K0.3280.24N/AN/A1876030,46410,029
2023-09-26$18.14$17.0026.6%7.6%20.7%2.4%27.2%1.5%6.5%928.8K-13.6M-95.4K3.7311.11N/AN/A6423930,56710,080
2023-09-27$17.88$17.0026.3%7.5%20.5%2.3%26.8%0.2%6.3%901.2K-11.2M-91.8K0.4314.62N/AN/A24210530,59310,251
2023-09-28$17.80$17.0026.8%7.7%20.2%2.4%26.5%2.5%5.2%904.5K-10.3M-89.2K0.2916.92N/AN/A411230,63210,130
2023-09-29$17.63$17.0025.2%7.2%20.0%2.0%25.6%0.6%5.2%902.9K-8.8M-85.6K0.179.97N/AN/A1763030,64510,144