IT Options History — October 2022

In October 2022, IT traded between $279.44 and $302.71. ATM implied volatility averaged 42.6%, placing in the 27.8% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded below realized volatility by 10.4% (HV 20d: 53.0%). Max pain ranged from $290.00 to $290.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.79.

Notable Days

  • 2022-10-24: Highest Volume — 2,894 contracts
  • 2022-10-12: Largest IV spike — 22.2% change
  • 2022-10-31: Highest IV Rank — 37.1%
  • 2022-10-31: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$291.73$279.44$302.71$284.74$302.71
Max Pain$290.00$290.00$290.00$290.00$290.00
ATM IV42.6%34.8%48.4%36.5%48.4%
Expected Move12.6%10.0%13.9%10.5%13.9%
HV 20d53.0%31.4%83.2%82.4%33.2%
HV 60d53.7%52.2%54.3%53.9%52.6%
IV Rank27.8%15.2%37.1%18.0%37.1%
IV Percentile72.3%41.3%92.1%48.4%92.1%
Term Structure-4.4%-11.3%8.1%8.1%-10.6%
VWIV45.2%34.7%49.0%35.1%48.3%
Skew 25d6.2%-0.4%8.7%4.2%6.1%
Skew 10d12.5%4.2%26.6%4.5%17.5%
Call IV 25d42.0%31.6%49.9%36.2%46.8%
Put IV 25d48.1%37.0%52.9%40.3%52.9%
Bid-Ask Spread %75.1461.6789.9688.5072.03
Gamma HHI0.190.090.450.110.25
Net GEX799.9K-884.6K4.8M-661.8K2.6M
Net DEX-18.5M-89.7M14.0M11.1M-89.6M
Net VEX-198.7K-333.3K-143.4K-161.9K-331.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.790.364.061.881.22
Total Volume1,415.8578492,8949441,322
Total OI7,911.9526,20612,0126,20612,012

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-10-03$284.74$290.0036.5%10.5%82.4%18.0%35.1%4.2%8.1%-661.8K11.1M-161.9K1.8888.503286162,3323,874
2022-10-04$293.83$290.0035.7%10.2%83.1%16.7%34.7%4.7%6.4%-390.0K2.9M-162.1K2.4889.962746792,3663,875
2022-10-05$300.36$290.0034.8%10.0%83.1%15.2%36.3%7.0%7.7%-162.3K-3.1M-182.3K2.9086.562196362,4383,930
2022-10-06$301.77$290.0036.0%12.4%83.1%17.2%43.7%7.0%-4.8%-95.2K-3.6M-157.4K2.9372.072166332,4493,932
2022-10-07$292.55$290.0037.3%12.6%83.2%19.3%45.3%7.2%-3.4%-399.7K3.4M-158.2K2.8471.192316552,4523,937
2022-10-10$289.38$290.0037.5%13.0%83.0%19.6%46.3%7.6%-4.2%-541.6K7.2M-150.4K2.8469.782306542,4703,970
2022-10-11$289.17$290.0037.4%13.4%82.5%19.4%46.5%6.9%-5.4%-587.2K7.4M-153.2K2.4367.702656442,4743,971
2022-10-12$289.68$290.0045.7%13.1%75.6%32.8%46.3%6.6%-4.0%-507.9K5.9M-157.2K2.4170.842646372,5123,988
2022-10-13$290.53$290.0044.3%12.7%68.0%30.5%45.8%6.0%-3.1%-565.3K6.1M-156.7K2.5161.672576452,5163,988
2022-10-14$279.44$290.0046.3%13.3%32.0%33.7%45.8%8.0%-4.6%-884.6K14.0M-145.1K0.7171.379816972,5404,002
2022-10-17$285.72$290.0045.6%13.1%33.1%32.6%47.2%6.7%-5.4%359.4K4.5M-152.3K1.0373.166416603,2894,043
2022-10-18$289.96$290.0045.5%13.0%31.4%32.5%47.0%7.2%-3.3%726.8K-955.5K-143.4K1.0668.956356763,2824,046
2022-10-19$285.61$290.0045.7%13.1%31.5%32.8%47.7%7.5%-5.7%402.9K5.7M-147.5K0.5173.071,3336743,2824,065
2022-10-20$279.99$290.0046.1%13.2%31.6%33.5%47.0%7.1%-6.7%-11.3K-595.1K-166.9K0.6274.201,0816754,2864,079
2022-10-21$289.38$290.0043.2%12.4%32.3%28.8%46.3%6.5%-6.6%4.8M-23.4M-190.2K0.5376.421,2566664,6554,081
2022-10-24$293.31$290.0047.3%13.5%32.5%35.3%48.7%5.9%-11.3%1.1M-29.8M-197.3K0.7178.061,6881,2064,1943,291
2022-10-25$299.21$290.0046.0%13.2%32.8%33.4%49.0%8.7%-11.0%2.5M-67.2M-281.8K0.3677.721,9277036,0183,845
2022-10-26$294.76$290.0045.1%12.9%32.2%31.8%48.8%5.5%-7.6%3.0M-76.3M-315.4K0.6877.591,2238346,9423,945
2022-10-27$292.18$290.0043.5%12.5%32.0%29.2%44.4%4.0%-6.6%3.1M-72.4M-333.3K2.7976.673449607,1584,143
2022-10-28$301.95$290.0046.9%13.4%33.8%34.7%49.0%-0.4%-10.2%3.0M-89.7M-328.9K4.0680.442901,1787,2064,273
2022-10-31$302.71$290.0048.4%13.9%33.2%37.1%48.3%6.1%-10.6%2.6M-89.6M-331.9K1.2272.035967267,2174,795