IT Options History — June 2022

In June 2022, IT traded between $223.27 and $267.47. ATM implied volatility averaged 40.0%, placing in the 31.2% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded below realized volatility by 1.5% (HV 20d: 41.5%). Max pain ranged from $240.00 to $300.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.82.

Notable Days

  • 2022-06-13: Highest Volume — 2,316 contracts
  • 2022-06-16: Largest IV spike — 15.7% change
  • 2022-06-13: Highest IV Rank — 39.2%
  • 2022-06-13: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$246.83$223.27$267.47$261.80$240.76
Max Pain$251.90$240.00$300.00$300.00$250.00
ATM IV40.0%36.1%45.6%41.7%39.8%
Expected Move11.3%10.2%13.1%11.9%11.4%
HV 20d41.5%33.9%50.7%50.0%43.6%
HV 60d40.2%38.1%42.1%41.1%42.0%
IV Rank31.2%25.4%39.2%33.5%30.7%
IV Percentile71.4%56.0%89.7%77.4%67.9%
Term Structure3.8%-3.1%8.1%-3.1%6.2%
VWIV40.2%36.4%43.5%36.4%40.2%
Skew 25d7.1%3.9%10.8%8.0%6.5%
Skew 10d11.0%1.4%19.2%8.6%1.4%
Call IV 25d36.4%31.7%43.6%37.3%36.8%
Put IV 25d43.5%38.3%50.0%45.3%43.3%
Bid-Ask Spread %81.7773.9590.5689.5888.78
Gamma HHI0.120.090.330.110.09
Net GEX-957.7K-1.6M-542.9K-1.1M-549.9K
Net DEX45.4M28.2M68.1M48.8M31.6M
Net VEX-218.5K-277.2K-157.4K-269.4K-200.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.451.400.711.09
Total Volume1,909.9521,5902,3161,8691,676
Total OI7,779.8575,7029,1468,8335,921

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-06-01$261.80$300.0041.7%11.9%50.0%33.5%36.4%8.0%-3.1%-1.1M48.8M-269.4K0.7189.581,0927774,0684,765
2022-06-02$266.92$250.0038.2%10.4%50.7%28.5%38.6%8.0%3.7%-922.2K42.9M-277.2K0.6779.061,1597774,0684,769
2022-06-03$266.32$250.0038.9%10.6%41.5%29.5%39.6%7.6%2.8%-972.4K43.8M-273.9K0.6773.951,1617784,1504,770
2022-06-06$267.47$250.0039.0%10.5%40.5%29.7%39.2%6.5%3.2%-934.3K41.3M-274.8K0.6875.401,1517784,1504,771
2022-06-07$266.05$250.0039.6%10.2%34.4%30.4%38.5%5.5%2.4%-979.0K41.8M-266.1K0.6375.411,1687364,1524,771
2022-06-08$262.61$250.0037.9%10.9%33.9%28.0%37.8%4.8%2.3%-1.2M44.7M-264.0K0.6574.211,1687614,1644,771
2022-06-09$256.73$250.0036.1%10.4%35.1%25.4%38.9%5.3%4.5%-1.5M50.4M-234.9K0.6779.381,3178804,1654,675
2022-06-10$248.96$240.0039.9%11.4%36.9%30.9%40.5%7.3%2.4%-1.6M55.4M-228.1K0.6875.481,3058864,4224,724
2022-06-13$233.23$250.0045.6%13.1%41.0%39.2%43.1%6.3%-0.1%-1.2M62.8M-192.1K0.6378.001,4248924,4274,646
2022-06-14$234.63$250.0044.8%12.8%41.1%38.1%43.5%9.7%0.8%-1.2M62.3M-194.6K0.4876.181,3926694,4744,654
2022-06-15$236.10$250.0038.6%11.1%41.3%29.0%39.3%8.1%2.9%-1.3M60.9M-196.4K0.4584.131,3926214,4744,668
2022-06-16$223.27$250.0044.7%12.8%41.4%37.9%42.8%10.8%0.9%-976.4K68.1M-157.4K0.4681.881,3136054,4754,565
2022-06-17$230.72$250.0043.5%12.5%40.6%36.2%42.3%7.9%2.1%-1.5M64.8M-167.7K0.8377.671,2511,0384,4714,564
2022-06-21$233.95$250.0040.1%11.5%41.1%31.2%40.3%9.4%6.4%-635.7K37.6M-199.0K1.4084.536969752,2533,633
2022-06-22$234.21$250.0041.5%11.9%41.1%33.2%40.8%7.5%4.7%-670.7K39.5M-190.4K1.3585.907249742,2663,633
2022-06-23$241.08$250.0036.1%10.3%42.6%25.4%39.9%8.1%8.1%-641.3K34.2M-193.0K1.3287.317319622,2933,482
2022-06-24$250.47$250.0038.0%10.9%44.9%28.2%38.7%5.4%7.1%-589.5K29.7M-213.6K1.0886.677668242,3033,486
2022-06-27$249.19$250.0038.1%10.9%43.7%28.4%41.4%3.9%7.9%-542.9K28.2M-211.9K0.9288.409068292,3613,341
2022-06-28$239.49$250.0039.1%11.2%43.6%29.7%41.0%5.8%8.1%-551.5K31.7M-196.2K0.9484.748958382,4473,352
2022-06-29$239.53$250.0040.0%11.5%43.5%31.1%41.9%7.5%6.9%-573.3K32.9M-187.5K1.0490.568959272,4953,338
2022-06-30$240.76$250.0039.8%11.4%43.6%30.7%40.2%6.5%6.2%-549.9K31.6M-200.0K1.0988.788018752,4993,422