IT Options History — October 2009

In October 2009, IT traded between $17.54 and $19.95. ATM implied volatility averaged 31.3%, placing in the 9.3% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 5.4% (HV 20d: 25.9%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2009-10-28: Highest Volume — 100 contracts
  • 2009-10-15: Largest IV spike — 87.5% change
  • 2009-10-28: Highest IV Rank — 17.9%
  • 2009-10-28: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.89$17.54$19.95$17.65$18.62
Max Pain$17.50$17.50$17.50$17.50$17.50
ATM IV31.3%17.1%42.3%33.8%35.1%
Expected Move10.4%9.6%12.1%9.7%10.1%
HV 20d25.9%21.6%32.4%21.6%30.4%
HV 60d24.6%22.7%26.1%26.1%25.4%
IV Rank9.3%0.0%17.9%9.0%12.8%
IV Percentile14.6%0.0%40.1%11.1%19.8%
Term Structure-0.2%-4.1%6.2%6.2%1.3%
VWIV41.2%41.2%41.2%41.2%41.2%
Skew 25d5.7%2.6%11.3%5.1%7.2%
Skew 10d9.4%-2.8%29.1%-2.1%19.1%
Call IV 25d33.5%28.9%36.3%36.3%30.1%
Put IV 25d39.1%37.1%41.6%41.4%37.3%
Bid-Ask Spread %37.6022.7799.5599.5561.57
Gamma HHI0.640.490.720.610.68
Net GEX16.5K13.8K19.3K13.8K18.5K
Net DEX-687.2K-908.2K-405.8K-429.4K-636.9K
Net VEX-2.4K-2.9K-2.1K-2.9K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume8.810100030
Total OI1,197.0481,1741,3151,1741,315

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2009-10-01$17.65$0.0033.8%9.7%21.6%9.0%0.0%5.1%6.2%13.8K-429.4K-2.9K0.0099.5500623551
2009-10-02$17.54$0.0033.5%9.6%21.8%8.7%0.0%5.2%5.6%13.9K-405.8K-2.9K0.0047.9800623551
2009-10-05$17.73$0.0033.5%11.2%21.7%8.8%0.0%5.9%-0.7%14.3K-440.3K-2.9K0.0029.5900623551
2009-10-06$18.21$0.0029.4%11.0%23.3%5.7%0.0%5.2%-0.0%15.1K-538.6K-2.8K0.0034.9000623551
2009-10-07$18.49$0.0022.5%11.2%23.2%0.7%0.0%4.7%-0.9%15.5K-598.0K-2.7K0.0039.7200623551
2009-10-08$19.20$0.0019.0%10.1%25.6%0.0%0.0%4.0%-0.2%15.0K-734.7K-2.5K0.0037.3600623551
2009-10-09$19.38$0.0017.1%10.1%24.6%0.0%0.0%2.9%-0.3%15.9K-772.5K-2.4K0.0039.20100623551
2009-10-12$19.51$0.0020.3%10.2%24.5%2.3%0.0%3.4%-0.8%15.3K-809.2K-2.4K0.0038.32140633551
2009-10-13$19.39$0.0024.3%10.1%24.6%5.1%41.2%0.0%0.2%17.7K-789.9K-2.4K0.0025.5101647551
2009-10-14$19.71$17.5019.1%10.1%24.6%1.4%0.0%2.7%0.3%19.3K-853.0K-2.3K0.0023.4400647552
2009-10-15$19.67$17.5035.8%10.3%24.2%13.3%0.0%3.2%-0.9%19.3K-848.3K-2.3K0.0030.2600647552
2009-10-19$19.95$17.5034.4%9.9%23.4%12.3%0.0%2.6%0.1%14.8K-908.2K-2.1K0.0049.4900633552
2009-10-20$19.93$17.5034.4%9.9%23.4%12.3%0.0%2.8%0.0%14.9K-907.2K-2.1K0.0060.5900633552
2009-10-21$19.17$17.5034.7%9.9%28.3%12.5%0.0%5.5%-0.5%16.9K-758.8K-2.3K0.0025.07010633552
2009-10-22$18.99$17.5034.2%9.8%28.6%12.1%0.0%6.5%-0.4%17.3K-719.6K-2.4K0.0022.7700633562
2009-10-23$18.66$17.5039.1%11.2%29.4%15.6%0.0%9.2%-1.0%18.8K-646.2K-2.4K0.0023.4900633562
2009-10-26$18.67$17.5041.5%11.9%29.4%17.3%0.0%9.4%-2.8%18.0K-655.8K-2.4K0.0023.6800633562
2009-10-27$18.82$17.5036.3%10.4%28.9%13.6%0.0%10.3%-3.3%17.9K-688.8K-2.4K0.0025.3600633562
2009-10-28$18.35$17.5042.3%12.1%30.4%17.9%0.0%6.7%-4.1%18.2K-590.1K-2.4K0.0024.680100633562
2009-10-29$18.95$17.5037.4%10.7%32.4%14.4%0.0%11.3%-1.9%16.9K-700.3K-2.3K0.0027.15020633662
2009-10-30$18.62$17.5035.1%10.1%30.4%12.8%0.0%7.2%1.3%18.5K-636.9K-2.3K0.0061.57030633682