IT Options History — June 2025

In June 2025, IT traded between $390.34 and $431.31. ATM implied volatility averaged 24.6%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 7.9% (HV 20d: 16.7%). Max pain ranged from $430.00 to $440.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 12.93.

Notable Days

2025-06-18: Highest Volume — 2,162 contracts
2025-06-13: Largest IV spike — 8.9% change
2025-06-13: Highest IV Rank — 16.7%
2025-06-13: Largest Expected Move — 7.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$411.06	$390.34	$431.31	$430.05	$403.32
Max Pain	$436.50	$430.00	$440.00	$440.00	$430.00
ATM IV	24.6%	23.3%	26.2%	23.8%	24.3%
Expected Move	7.0%	6.7%	7.5%	6.8%	7.0%
HV 20d	16.7%	13.1%	19.3%	17.6%	18.5%
HV 60d	34.6%	31.6%	36.9%	36.9%	31.6%
IV Rank	13.7%	11.1%	16.7%	12.2%	13.1%
IV Percentile	53.2%	43.7%	59.1%	53.2%	50.8%
Term Structure	4.5%	0.0%	8.6%	1.6%	7.5%
VWIV	23.3%	16.3%	25.7%	24.0%	23.1%
Skew 25d	4.4%	1.7%	6.5%	4.2%	4.3%
Skew 10d	8.1%	4.1%	14.4%	9.5%	6.8%
Call IV 25d	22.6%	19.2%	25.3%	22.4%	22.4%
Put IV 25d	27.0%	24.8%	29.7%	26.6%	26.7%
Bid-Ask Spread %	80.39	66.04	91.83	90.88	91.63
Gamma HHI	0.19	0.09	0.37	0.13	0.37
Net GEX	-809.0K	-2.6M	1.6M	1.6M	-2.6M
Net DEX	25.7M	-2.8M	39.1M	-2.8M	29.6M
Net VEX	-204.3K	-232.4K	-164.7K	-214.2K	-200.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	12.93	0.05	83.17	12.67	6.09
Total Volume	293.7	5	2,162	246	78
Total OI	4,830.35	4,131	5,342	4,131	4,690

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
2025-06-02	$430.05	$440.00	23.8%	6.8%	17.6%	12.2%	24.0%	4.2%	1.6%	1.6M	-2.8M	-214.2K	12.67	90.88	18	228	2,735	1,396
2025-06-03	$431.31	$440.00	24.1%	6.9%	17.6%	12.7%	24.8%	5.0%	0.0%	1.3M	490.2K	-220.8K	2.00	91.31	13	26	2,737	1,552
2025-06-04	$428.86	$440.00	24.7%	7.1%	17.5%	13.9%	24.6%	5.7%	0.0%	521.4K	10.0M	-232.4K	12.50	91.83	14	175	2,740	1,834
2025-06-05	$422.05	$440.00	25.4%	7.1%	17.5%	15.2%	25.7%	5.5%	3.9%	-339.8K	21.6M	-221.9K	9.00	73.17	9	81	2,748	1,967
2025-06-06	$422.21	$440.00	23.6%	7.1%	17.5%	11.8%	23.3%	4.5%	4.5%	-533.6K	22.8M	-220.6K	0.05	66.04	482	24	2,752	2,005
2025-06-09	$422.92	$440.00	25.4%	7.1%	17.0%	15.3%	24.3%	4.1%	3.4%	-181.4K	19.4M	-224.6K	0.42	68.14	19	8	2,933	2,018
2025-06-10	$420.96	$440.00	24.5%	7.0%	13.1%	13.5%	22.2%	4.5%	3.3%	-322.0K	21.9M	-218.2K	0.41	73.78	225	93	2,942	2,023
2025-06-11	$412.36	$440.00	24.4%	7.0%	13.1%	13.3%	24.6%	3.6%	4.0%	-485.6K	29.5M	-214.6K	6.63	75.08	19	126	3,148	2,056
2025-06-12	$412.88	$440.00	24.0%	6.9%	13.1%	12.6%	22.4%	4.0%	3.7%	-412.3K	27.5M	-208.2K	2.46	75.82	13	32	3,146	1,994
2025-06-13	$404.39	$440.00	26.2%	7.5%	14.2%	16.7%	24.5%	5.1%	2.8%	-556.2K	32.9M	-195.7K	9.85	74.25	13	128	3,150	2,015
2025-06-16	$409.59	$440.00	24.1%	6.9%	15.4%	12.7%	16.3%	4.2%	4.0%	-718.2K	32.7M	-191.4K	83.17	77.74	6	499	3,149	2,043
2025-06-17	$405.52	$440.00	26.0%	7.5%	15.2%	16.4%	23.2%	4.8%	2.4%	-831.3K	35.7M	-188.0K	3.82	71.63	11	42	3,154	2,081
2025-06-18	$400.20	$440.00	25.5%	7.3%	15.5%	15.3%	22.3%	4.3%	6.1%	-908.7K	39.1M	-167.7K	19.99	75.92	103	2,059	3,165	2,057
2025-06-20	$390.34	$430.00	25.7%	7.4%	17.0%	15.8%	25.3%	4.4%	7.1%	-1.6M	36.8M	-164.7K	2.91	78.27	162	471	3,267	2,075
2025-06-23	$396.00	$430.00	23.7%	6.8%	18.4%	11.9%	24.3%	1.7%	8.6%	-1.6M	32.0M	-190.1K	1.29	84.80	133	171	2,265	2,093
2025-06-24	$401.33	$430.00	24.0%	6.9%	19.3%	12.6%	24.1%	2.9%	7.6%	-2.1M	32.5M	-203.3K	1.22	87.51	9	11	2,396	2,259
2025-06-25	$403.48	$430.00	23.3%	6.7%	18.9%	11.1%	18.2%	5.7%	8.2%	-2.2M	29.6M	-208.0K	71.00	88.02	4	284	2,403	2,267
2025-06-26	$402.53	$430.00	25.2%	7.2%	18.3%	14.9%	25.7%	6.5%	5.5%	-2.0M	30.7M	-205.0K	0.00	85.30	0	5	2,405	2,270
2025-06-27	$400.85	$430.00	24.0%	6.9%	18.3%	12.6%	23.0%	3.7%	6.7%	-2.2M	33.1M	-196.7K	0.13	86.58	71	9	2,405	2,272
2025-06-30	$403.32	$430.00	24.3%	7.0%	18.5%	13.1%	23.1%	4.3%	7.5%	-2.6M	29.6M	-200.4K	6.09	91.63	11	67	2,413	2,277