GEN Options History — November 2023

In November 2023, GEN traded between $16.66 and $22.30. ATM implied volatility averaged 28.5%, placing in the 3.1% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded below realized volatility by 9.3% (HV 20d: 37.8%). Max pain ranged from $18.00 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.40.

Notable Days

  • 2023-11-06: Highest Volume — 19,745 contracts
  • 2023-11-07: Largest IV drop — 58.0% change
  • 2023-11-06: Highest IV Rank — 13.5%
  • 2023-11-01: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.79$16.66$22.30$16.66$22.30
Max Pain$18.86$18.00$20.00$18.00$20.00
ATM IV28.5%22.2%63.8%43.5%24.3%
Expected Move7.5%6.4%12.5%12.5%7.0%
HV 20d37.8%24.7%43.6%24.7%38.1%
HV 60d29.3%22.4%31.7%22.4%31.6%
IV Rank3.1%1.1%13.5%7.4%2.1%
IV Percentile28.3%2.8%88.1%84.5%21.4%
Term Structure-1.0%-10.5%2.0%-10.5%-1.3%
VWIV25.8%22.3%43.5%43.5%24.4%
Skew 25d1.7%-2.6%5.1%5.1%3.0%
Skew 10d3.3%-6.4%11.4%-3.5%9.6%
Call IV 25d25.3%19.1%41.6%41.6%22.5%
Put IV 25d27.0%19.9%46.7%46.7%25.5%
Bid-Ask Spread %37.966.1879.8679.8622.66
Gamma HHI0.260.130.630.180.20
Net GEX663.9K14.3K1.7M14.3K672.9K
Net DEX-18.7M-35.7M4.8M4.8M-27.5M
Net VEX-64.1K-77.5K-51.5K-51.5K-57.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.032.590.860.39
Total Volume2,260.23813019,745245953
Total OI33,325.09524,69041,70424,69031,401

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$16.66$18.0043.5%12.5%24.7%7.4%43.5%5.1%-10.5%14.3K4.8M-51.5K0.8679.86N/AN/A13211314,9169,774
2023-11-02$17.20$19.0043.2%9.7%27.2%7.3%0.0%3.2%-2.3%32.8K3.4M-55.1K0.0373.17N/AN/A7662515,0159,850
2023-11-03$17.66$19.0041.5%9.1%27.4%6.9%31.2%4.3%-1.7%64.9K1.5M-59.4K0.3569.64N/AN/A963415,5829,859
2023-11-06$17.43$19.0063.8%11.2%27.6%13.5%38.2%3.7%-5.1%66.9K1.7M-59.6K0.0767.57N/AN/A18,4721,27315,6419,883
2023-11-07$18.91$18.0026.8%7.1%39.3%2.4%23.7%2.4%0.6%1.5M-26.4M-77.5K0.2076.57N/AN/A5,2591,03230,87610,828
2023-11-08$19.41$18.0023.9%6.8%40.2%1.6%23.1%2.0%0.8%1.1M-29.4M-71.4K0.2778.80N/AN/A79721529,10210,891
2023-11-09$18.95$18.0023.7%6.8%40.2%1.5%23.7%1.8%0.8%1.4M-24.1M-71.9K2.596.18N/AN/A38499428,86611,011
2023-11-10$19.30$18.0023.4%6.7%40.0%1.4%22.4%5.0%0.6%1.2M-27.6M-69.5K0.078.55N/AN/A2171628,76011,506
2023-11-13$18.80$18.0022.7%6.5%41.1%1.2%23.8%0.7%2.0%1.7M-22.6M-68.6K0.317.61N/AN/A2237028,73911,516
2023-11-14$19.59$18.0022.2%6.4%43.2%1.1%22.3%1.6%0.6%418.5K-30.4M-65.9K0.1779.23N/AN/A4557928,71911,568
2023-11-15$19.70$18.0023.1%6.6%43.0%1.6%23.4%2.9%0.6%408.9K-31.1M-64.2K0.4615.04N/AN/A1,06849528,66311,532
2023-11-16$20.37$18.0023.0%6.6%43.6%1.6%22.9%2.0%-0.4%395.4K-35.7M-62.4K0.9940.85N/AN/A1,8141,80528,40611,998
2023-11-17$20.54$19.0023.4%6.7%42.9%1.7%23.3%0.3%0.4%307.0K-9.0M-62.2K0.0414.58N/AN/A3,58414017,34713,755
2023-11-20$20.81$19.0023.2%6.7%41.9%1.7%23.5%1.3%-0.1%560.8K-15.8M-64.5K0.2116.39N/AN/A1,62434817,94510,521
2023-11-21$21.02$19.0025.4%7.3%41.9%2.5%24.8%0.8%-1.2%629.1K-18.1M-65.7K0.1844.19N/AN/A2,72348018,81510,790
2023-11-22$21.23$20.0023.4%6.7%38.7%1.7%23.5%-0.4%-0.8%686.4K-20.0M-67.4K0.3411.44N/AN/A58319820,08810,926
2023-11-24$21.27$20.0024.2%6.9%38.8%2.0%24.0%-0.4%-0.7%682.9K-20.1M-66.2K0.1141.28N/AN/A1631820,06511,025
2023-11-27$21.41$20.0024.5%7.0%37.9%2.1%24.6%0.1%-1.3%678.7K-21.2M-63.1K0.2915.85N/AN/A2497220,10111,039
2023-11-28$21.31$20.0024.8%7.1%38.4%2.2%24.9%-2.6%-1.7%690.6K-20.2M-63.5K0.357.68N/AN/A1736120,10211,097
2023-11-29$21.74$20.0024.1%6.9%38.1%2.0%23.9%-0.2%-1.4%685.3K-23.6M-60.1K0.1020.06N/AN/A2392320,15911,150
2023-11-30$22.30$20.0024.3%7.0%38.1%2.1%24.4%3.0%-1.3%672.9K-27.5M-57.4K0.3922.66N/AN/A68426920,23311,168