IT Options History — June 2019

In June 2019, IT traded between $149.44 and $161.74. ATM implied volatility averaged 19.1%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 1.3% (HV 20d: 17.8%). Max pain ranged from $150.00 to $160.00. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 8.76.

Notable Days

2019-06-12: Highest Volume — 836 contracts
2019-06-11: Largest IV spike — 10.1% change
2019-06-03: Highest IV Rank — 21.0%
2019-06-03: Largest Expected Move — 6.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$157.86	$149.44	$161.74	$149.44	$159.99
Max Pain	$157.75	$150.00	$160.00	$150.00	$160.00
ATM IV	19.1%	18.0%	21.9%	21.9%	18.6%
Expected Move	5.5%	5.2%	6.3%	6.3%	5.3%
HV 20d	17.8%	13.9%	24.2%	24.2%	14.1%
HV 60d	18.4%	17.7%	19.0%	18.7%	17.7%
IV Rank	12.2%	8.6%	21.0%	21.0%	10.3%
IV Percentile	16.8%	6.7%	46.4%	46.4%	10.7%
Term Structure	3.4%	-1.5%	6.4%	-1.5%	6.4%
VWIV	19.9%	18.3%	21.9%	21.9%	18.7%
Skew 25d	3.2%	2.8%	4.2%	4.2%	2.9%
Skew 10d	7.2%	5.7%	10.7%	9.1%	7.0%
Call IV 25d	17.9%	16.5%	20.3%	20.3%	17.4%
Put IV 25d	21.0%	19.7%	24.5%	24.5%	20.3%
Bid-Ask Spread %	72.73	61.55	87.40	83.19	77.54
Gamma HHI	0.20	0.13	0.29	0.22	0.20
Net GEX	-103.1K	-350.3K	318.3K	199.9K	-234.7K
Net DEX	-4.5M	-12.1M	443.8K	443.8K	-2.1M
Net VEX	-50.3K	-61.5K	-39.6K	-39.6K	-53.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	8.76	0.51	25.21	2.59	0.51
Total Volume	465.9	88	836	97	404
Total OI	3,586.35	2,661	4,417	2,897	3,353

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2019-06-03	$149.44	$150.00	21.9%	6.3%	24.2%	21.0%	21.9%	4.2%	-1.5%	199.9K	443.8K	-39.6K	2.59	83.19	27	70	1,175	1,722
2019-06-04	$150.97	$150.00	21.1%	6.0%	24.2%	18.4%	21.1%	3.7%	-1.1%	254.1K	-737.8K	-42.0K	2.08	85.13	36	75	1,192	1,781
2019-06-05	$153.96	$150.00	19.9%	5.7%	19.2%	14.7%	21.3%	3.7%	-0.0%	318.3K	-3.6M	-43.3K	17.42	87.40	33	575	1,196	1,781
2019-06-06	$154.37	$155.00	19.5%	5.6%	19.2%	13.3%	19.6%	3.3%	2.7%	-115.9K	-347.7K	-52.4K	10.34	61.55	56	579	1,195	2,293
2019-06-07	$157.44	$155.00	19.3%	5.5%	20.2%	12.8%	19.2%	3.3%	3.1%	-124.9K	-4.5M	-49.9K	9.32	62.01	62	578	1,198	2,301
2019-06-10	$158.86	$155.00	18.0%	5.3%	20.4%	8.6%	19.3%	3.2%	3.2%	-109.4K	-6.4M	-47.0K	2.38	64.51	26	62	1,204	2,299
2019-06-11	$156.90	$160.00	19.8%	5.6%	18.9%	14.5%	19.4%	3.0%	3.0%	-205.8K	-2.8M	-53.9K	7.56	65.99	45	340	1,352	2,495
2019-06-12	$157.54	$160.00	18.0%	5.2%	18.5%	8.7%	19.2%	3.0%	3.7%	-318.0K	-3.8M	-52.9K	23.59	68.42	34	802	1,351	2,677
2019-06-13	$158.19	$160.00	19.0%	5.5%	18.5%	11.9%	19.8%	2.9%	3.3%	-306.8K	-4.8M	-61.5K	1.71	66.03	206	352	1,546	2,838
2019-06-14	$158.21	$160.00	19.1%	5.5%	17.8%	12.1%	20.2%	3.3%	3.0%	-313.1K	-4.5M	-61.3K	4.39	67.82	82	360	1,547	2,863
2019-06-17	$159.12	$160.00	18.9%	5.4%	17.6%	11.4%	19.9%	2.8%	3.6%	-302.0K	-6.6M	-57.2K	19.00	72.29	31	589	1,555	2,862
2019-06-18	$159.65	$160.00	19.0%	5.5%	17.2%	11.9%	20.0%	2.9%	3.5%	-9.8K	-9.3M	-50.8K	13.18	71.94	45	593	1,583	2,576
2019-06-19	$160.39	$160.00	19.0%	5.4%	17.0%	11.7%	20.0%	3.1%	3.5%	1.1K	-10.6M	-49.2K	10.59	74.05	56	593	1,580	2,580
2019-06-20	$160.37	$160.00	18.6%	5.3%	16.9%	10.6%	20.0%	2.8%	4.0%	69.5K	-11.4M	-47.8K	25.21	72.04	24	605	1,609	2,582
2019-06-21	$161.02	$160.00	18.2%	5.2%	14.9%	9.3%	19.8%	2.9%	4.1%	63.5K	-12.1M	-47.3K	12.11	73.12	53	642	1,609	2,594
2019-06-24	$161.74	$160.00	18.3%	5.2%	14.5%	9.5%	18.3%	3.2%	6.1%	-111.4K	-3.5M	-45.8K	2.10	77.48	30	63	960	1,701
2019-06-25	$161.01	$160.00	18.4%	5.3%	13.9%	10.0%	20.7%	3.1%	6.2%	-131.6K	-2.8M	-47.6K	5.25	77.23	72	378	974	1,729
2019-06-26	$158.61	$160.00	19.1%	5.5%	14.8%	12.0%	20.8%	3.3%	5.8%	-350.3K	291.6K	-52.0K	4.52	73.49	88	398	1,038	1,899
2019-06-27	$159.32	$160.00	18.8%	5.4%	14.7%	11.1%	19.0%	2.9%	6.3%	-334.2K	-632.3K	-50.9K	1.31	73.39	110	144	1,038	1,899
2019-06-28	$159.99	$160.00	18.6%	5.3%	14.1%	10.3%	18.7%	2.9%	6.4%	-234.7K	-2.1M	-53.7K	0.51	77.54	268	136	1,255	2,098