IT Options History — November 2024

In November 2024, IT traded between $503.81 and $551.87. ATM implied volatility averaged 25.2%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 1.4% (HV 20d: 23.8%). Max pain ranged from $480.00 to $510.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 1.83.

Notable Days

2024-11-04: Highest Volume — 628 contracts
2024-11-05: Largest IV drop — 48.7% change
2024-11-01: Highest IV Rank — 100.0%
2024-11-01: Largest Expected Move — 14.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$526.58	$503.81	$551.87	$503.81	$520.66
Max Pain	$491.50	$480.00	$510.00	$510.00	$500.00
ATM IV	25.2%	19.8%	56.5%	51.4%	20.7%
Expected Move	6.8%	5.8%	14.7%	14.7%	5.9%
HV 20d	23.8%	13.8%	27.3%	14.4%	25.0%
HV 60d	17.6%	13.9%	19.2%	14.2%	18.3%
IV Rank	23.4%	9.3%	100.0%	100.0%	9.5%
IV Percentile	59.8%	29.4%	100.0%	100.0%	41.3%
Term Structure	-0.2%	-18.0%	5.3%	-18.0%	-1.3%
VWIV	23.7%	19.8%	50.6%	50.6%	20.6%
Skew 25d	2.7%	0.8%	4.7%	3.6%	4.4%
Skew 10d	6.3%	-1.9%	14.7%	13.0%	8.3%
Call IV 25d	23.1%	19.7%	47.8%	47.8%	20.2%
Put IV 25d	25.8%	21.7%	51.3%	51.3%	24.6%
Bid-Ask Spread %	86.88	67.36	96.01	67.36	96.01
Gamma HHI	0.29	0.14	0.49	0.20	0.21
Net GEX	1.3M	282.0K	3.5M	282.0K	333.5K
Net DEX	-15.6M	-34.4M	-6.5M	-7.2M	-6.5M
Net VEX	-47.4K	-57.6K	-38.3K	-50.5K	-52.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.83	0.00	11.00	1.33	11.00
Total Volume	88.45	10	628	14	12
Total OI	1,601.5	1,215	1,979	1,215	1,511

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
2024-11-01	$503.81	$510.00	51.4%	14.7%	14.4%	100.0%	50.6%	3.6%	-18.0%	282.0K	-7.2M	-50.5K	1.33	67.36	6	8	706	509
2024-11-04	$504.16	$480.00	56.5%	9.8%	14.1%	100.0%	31.5%	1.9%	-3.3%	287.0K	-7.6M	-46.3K	0.64	74.13	384	244	709	517
2024-11-05	$507.95	$480.00	29.0%	6.8%	13.8%	32.5%	23.7%	0.8%	3.5%	409.0K	-8.7M	-48.5K	0.54	88.08	107	58	1,052	702
2024-11-06	$535.44	$480.00	22.1%	5.9%	23.2%	15.5%	21.0%	3.3%	3.4%	2.1M	-22.2M	-44.5K	0.35	86.83	34	12	1,115	702
2024-11-07	$540.16	$480.00	20.9%	5.8%	23.3%	12.7%	20.3%	2.0%	4.3%	2.6M	-26.2M	-43.3K	0.05	85.64	21	1	1,124	704
2024-11-08	$548.22	$480.00	19.8%	5.8%	23.6%	9.9%	22.0%	2.4%	3.2%	3.1M	-32.5M	-42.2K	0.09	85.06	94	8	1,140	705
2024-11-11	$549.11	$480.00	21.1%	5.9%	23.4%	13.1%	21.4%	2.3%	4.8%	3.5M	-34.0M	-40.3K	4.58	86.57	12	55	1,142	708
2024-11-12	$551.35	$480.00	23.8%	6.1%	23.4%	19.8%	19.8%	2.3%	4.9%	3.5M	-34.0M	-43.1K	0.10	83.87	29	3	1,145	696
2024-11-13	$551.87	$480.00	20.4%	5.9%	23.4%	11.5%	20.7%	1.9%	5.3%	3.5M	-34.4M	-39.5K	0.78	85.13	9	7	1,154	697
2024-11-14	$537.05	$480.00	21.2%	6.1%	25.6%	13.5%	22.2%	2.4%	-2.4%	2.4M	-23.2M	-38.3K	7.50	85.51	18	135	1,158	702
2024-11-15	$523.35	$500.00	22.4%	6.4%	27.2%	16.4%	21.3%	3.0%	-0.5%	1.5M	-13.6M	-43.1K	0.03	86.01	260	8	1,174	805
2024-11-18	$519.96	$500.00	22.4%	6.4%	27.3%	16.3%	25.5%	2.6%	-1.4%	400.4K	-8.1M	-53.5K	0.34	83.30	35	12	827	554
2024-11-19	$517.22	$500.00	21.5%	6.2%	27.3%	14.1%	23.2%	2.9%	-0.1%	326.9K	-6.9M	-49.7K	0.22	88.12	9	2	837	557
2024-11-20	$517.20	$500.00	21.9%	6.3%	27.1%	15.1%	22.6%	3.2%	-1.0%	351.4K	-7.4M	-51.6K	3.40	89.60	5	17	845	557
2024-11-21	$520.00	$500.00	22.3%	6.4%	27.2%	16.0%	22.0%	3.8%	-1.6%	390.3K	-7.7M	-50.1K	2.33	91.59	3	7	848	559
2024-11-22	$520.21	$500.00	22.0%	6.3%	26.8%	15.3%	22.0%	2.3%	-0.3%	377.5K	-7.3M	-46.0K	0.00	93.31	47	0	851	564
2024-11-25	$520.16	$500.00	21.8%	6.2%	26.8%	14.3%	20.8%	4.7%	-0.9%	489.4K	-8.4M	-51.1K	2.36	94.73	22	52	896	564
2024-11-26	$523.80	$500.00	22.3%	6.4%	26.7%	13.6%	21.1%	2.7%	-0.7%	481.3K	-8.5M	-57.6K	0.67	93.19	6	4	878	615
2024-11-27	$519.92	$500.00	20.6%	5.9%	26.8%	9.3%	21.2%	2.1%	-1.0%	426.0K	-7.8M	-55.7K	0.35	93.51	17	6	882	619
2024-11-29	$520.66	$500.00	20.7%	5.9%	25.0%	9.5%	20.6%	4.4%	-1.3%	333.5K	-6.5M	-52.9K	11.00	96.01	1	11	889	622