IT Options History — June 2024

In June 2024, IT traded between $422.19 and $450.92. ATM implied volatility averaged 20.2%, placing in the 13.8% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded below realized volatility by 2.4% (HV 20d: 22.6%). Max pain ranged from $430.00 to $450.00. Net GEX was positive for 10 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 1.24.

Notable Days

  • 2024-06-14: Highest Volume — 502 contracts
  • 2024-06-12: Largest IV drop — 6.3% change
  • 2024-06-04: Highest IV Rank — 17.5%
  • 2024-06-04: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$439.74$422.19$450.92$422.19$446.83
Max Pain$439.47$430.00$450.00$430.00$440.00
ATM IV20.2%19.2%21.4%21.3%19.7%
Expected Move5.8%5.5%6.1%6.1%5.6%
HV 20d22.6%17.0%24.3%21.6%17.0%
HV 60d26.9%26.5%27.3%26.5%26.9%
IV Rank13.8%10.6%17.5%17.0%12.1%
IV Percentile40.6%26.6%59.1%56.0%32.9%
Term Structure6.1%-0.6%9.9%0.3%9.9%
VWIV21.1%19.5%27.1%22.9%19.7%
Skew 25d1.1%-0.0%2.1%1.0%1.1%
Skew 10d2.2%-1.7%6.0%5.6%-1.1%
Call IV 25d20.4%19.6%21.9%21.9%19.6%
Put IV 25d21.6%20.6%23.0%22.9%20.7%
Bid-Ask Spread %87.2581.6093.1391.4893.02
Gamma HHI0.320.180.910.180.39
Net GEX644.6K-739.0K8.4M-225.9K724.2K
Net DEX-4.4M-24.7M7.0M7.0M-5.5M
Net VEX-60.7K-66.7K-53.1K-62.2K-63.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.240.007.001.750.57
Total Volume77.94715021155
Total OI1,673.6321,0202,2131,7931,154

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-06-03$422.19$430.0021.3%6.1%21.6%17.0%22.9%1.0%0.3%-225.9K7.0M-62.2K1.7591.4847978815
2024-06-04$428.51$430.0021.4%6.1%21.9%17.5%23.8%1.4%-0.6%-104.9K3.4M-65.1K6.0093.13212982813
2024-06-05$436.96$430.0020.7%5.9%22.9%15.2%21.1%1.2%-0.3%143.3K-1.8M-66.7K0.4192.745422984820
2024-06-06$432.25$450.0020.5%5.9%23.1%14.6%27.1%0.8%5.3%-58.2K799.4K-64.3K0.0381.603511,024840
2024-06-07$433.86$450.0020.3%5.8%23.1%13.8%0.0%1.2%5.6%-47.2K108.1K-64.3K3.0083.02131,005836
2024-06-10$437.34$440.0020.0%5.7%23.1%12.9%19.8%2.1%5.7%-25.5K-1.6M-60.0K0.0081.68101,006838
2024-06-11$433.74$440.0021.0%5.9%23.3%16.1%0.0%-0.0%5.4%-185.2K624.7K-58.3K3.0083.70261,007838
2024-06-12$436.53$440.0019.7%5.6%23.2%12.0%20.0%0.4%6.0%-182.0K-1.0M-57.5K0.4783.971991,008842
2024-06-13$433.08$440.0020.1%5.8%21.4%13.4%20.1%1.1%6.0%-641.0K1.7M-54.0K7.0084.81171,019849
2024-06-14$431.23$440.0020.3%5.8%21.4%13.9%19.8%1.5%6.4%-739.0K3.0M-53.1K0.0185.3649841,020853
2024-06-17$445.10$440.0020.1%5.8%24.3%13.3%20.7%2.0%6.6%560.8K-11.7M-62.9K0.1484.951421,060855
2024-06-18$446.36$440.0019.9%5.7%24.2%12.7%20.9%0.5%6.8%549.4K-12.5M-63.7K0.7088.8133231,075855
2024-06-20$450.92$440.0021.1%6.0%24.1%16.3%21.3%1.1%7.7%1.1M-16.9M-59.9K0.0685.51342221,080871
2024-06-21$450.83$440.0020.1%5.8%24.0%13.4%20.1%1.3%9.3%8.4M-24.7M-58.5K0.1087.99201211,361852
2024-06-24$450.90$440.0020.0%5.7%23.6%13.1%20.0%1.7%8.5%671.2K-7.6M-58.1K0.0088.2180585435
2024-06-25$448.67$440.0019.7%5.6%23.3%12.0%19.5%0.9%9.0%767.4K-7.0M-58.7K0.0689.71342598435
2024-06-26$445.43$440.0019.5%5.6%22.7%11.6%21.1%1.1%9.3%758.4K-5.7M-59.4K0.2087.89153632437
2024-06-27$444.33$440.0019.2%5.5%22.3%10.6%19.7%1.4%9.0%751.3K-4.2M-63.7K0.0090.17180647490
2024-06-28$446.83$440.0019.7%5.6%17.0%12.1%0.0%1.1%9.9%724.2K-5.5M-63.7K0.5793.023520664490