IT Options History — October 2024

In October 2024, IT traded between $502.56 and $531.82. ATM implied volatility averaged 33.5%, placing in the 54.3% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 20.7% (HV 20d: 12.8%). Max pain ranged from $490.00 to $510.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 1.31.

Notable Days

  • 2024-10-10: Highest Volume — 486 contracts
  • 2024-10-09: Largest IV spike — 36.4% change
  • 2024-10-31: Highest IV Rank — 100.0%
  • 2024-10-31: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$518.99$502.56$531.82$502.56$504.87
Max Pain$506.52$490.00$510.00$490.00$510.00
ATM IV33.5%19.7%49.5%21.5%49.5%
Expected Move10.1%6.0%14.2%6.2%14.2%
HV 20d12.8%11.7%15.1%13.9%15.1%
HV 60d21.7%13.6%24.5%24.4%14.6%
IV Rank54.3%12.1%100.0%17.6%100.0%
IV Percentile79.0%27.0%100.0%57.5%100.0%
Term Structure-5.8%-16.6%9.9%8.7%-16.6%
VWIV35.9%20.0%49.0%21.7%49.0%
Skew 25d3.2%0.6%7.9%2.1%1.8%
Skew 10d6.3%-7.4%26.6%3.9%-7.0%
Call IV 25d34.5%20.4%46.9%21.4%46.9%
Put IV 25d37.6%21.0%48.7%23.6%48.7%
Bid-Ask Spread %72.4865.7997.3386.4673.66
Gamma HHI0.350.200.540.500.22
Net GEX874.3K254.7K1.6M1.1M254.7K
Net DEX-14.8M-20.8M-7.4M-11.1M-7.4M
Net VEX-53.8K-60.1K-48.5K-60.1K-50.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.310.008.330.750.14
Total Volume40.3910486732
Total OI1,141.5221,0681,2241,0881,189

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$502.56$490.0021.5%6.2%13.9%17.6%21.7%2.1%8.7%1.1M-11.1M-60.1K0.7586.4643643445
2024-10-02$507.13$490.0020.8%6.0%13.6%15.6%20.0%0.6%9.9%1.3M-13.1M-57.7K1.6797.33610644445
2024-10-03$507.17$490.0022.4%9.0%13.4%20.4%0.0%3.6%-3.6%1.2M-12.9M-58.8K0.0066.8100645450
2024-10-04$513.31$490.0019.7%8.8%13.8%12.1%30.0%4.6%-3.9%1.4M-15.3M-57.0K0.4270.17198645450
2024-10-07$508.71$510.0021.9%9.3%13.7%18.8%33.6%2.0%-3.6%1.5M-13.8M-56.7K1.0868.731314661457
2024-10-08$514.08$510.0022.6%9.2%12.9%20.9%31.9%3.3%-4.1%1.5M-16.4M-55.5K1.8667.95713674470
2024-10-09$520.17$510.0030.8%8.8%13.4%46.1%35.1%3.5%-3.8%1.4M-19.2M-52.9K8.3371.68325678468
2024-10-10$518.87$510.0031.2%9.0%12.3%47.5%31.9%3.2%-4.5%1.6M-19.2M-52.2K0.0170.624815681488
2024-10-11$523.06$510.0032.1%9.2%12.5%50.1%32.2%3.1%-4.6%876.3K-16.8M-58.3K0.1173.9391715491
2024-10-14$528.68$510.0033.1%9.5%12.9%53.3%33.2%3.0%-4.2%870.0K-19.0M-55.9K1.0071.2855722492
2024-10-15$529.98$510.0034.2%9.8%12.7%56.5%34.7%1.8%-4.5%835.5K-19.9M-55.3K2.1469.99715723495
2024-10-16$531.47$510.0033.9%9.7%12.7%55.6%33.1%2.5%-3.9%873.5K-19.9M-57.1K0.3370.9831722498
2024-10-17$531.82$510.0034.8%10.0%12.3%58.5%34.4%2.1%-4.7%801.2K-20.8M-52.5K3.5070.1827722497
2024-10-18$530.17$510.0034.0%9.7%12.4%55.9%34.0%7.9%-4.4%934.3K-20.6M-49.1K0.2072.605611724500
2024-10-21$529.58$510.0035.3%10.1%12.4%59.8%34.8%6.2%-6.5%579.9K-14.4M-49.4K0.6777.6464611457
2024-10-22$525.97$510.0036.3%10.4%12.6%63.0%38.7%5.8%-6.6%545.2K-13.0M-51.9K0.0070.2950617461
2024-10-23$521.70$510.0040.3%11.5%12.9%75.1%38.9%3.9%-10.0%468.3K-11.7M-52.6K0.2970.2072618461
2024-10-24$520.31$510.0040.0%11.5%12.3%74.3%41.5%3.7%-10.5%479.5K-11.7M-52.4K1.6770.3335624462
2024-10-25$514.05$510.0040.5%11.6%12.2%76.0%40.3%3.4%-9.6%410.8K-10.2M-52.0K0.0071.96150627466
2024-10-28$515.03$510.0043.5%12.5%11.8%84.9%47.5%2.6%-13.2%433.5K-10.5M-48.5K0.7171.431410639466
2024-10-29$519.93$510.0045.3%13.0%11.9%90.7%46.0%1.6%-14.5%449.6K-11.7M-49.3K0.9365.794643650476
2024-10-30$518.08$510.0047.2%13.5%11.7%96.4%47.2%1.3%-14.6%436.8K-11.2M-51.4K3.0067.0213680506
2024-10-31$504.87$510.0049.5%14.2%15.1%100.0%49.0%1.8%-16.6%254.7K-7.4M-50.5K0.1473.66284680509