JPM Options History — June 2019

In June 2019, JPM traded between $105.94 and $111.45. ATM implied volatility averaged 21.1%, placing in the 28.4% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 0.7% (HV 20d: 20.5%). Max pain ranged from $110.00 to $110.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.95.

Notable Days

  • 2019-06-28: Highest Volume — 105,557 contracts
  • 2019-06-04: Largest IV drop — 9.9% change
  • 2019-06-03: Highest IV Rank — 40.0%
  • 2019-06-03: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$109.59$105.94$111.45$105.94$111.45
Max Pain$110.00$110.00$110.00$110.00$110.00
ATM IV21.1%20.2%24.1%24.1%20.3%
Expected Move6.2%5.9%6.8%6.8%6.0%
HV 20d20.5%18.1%23.2%18.9%19.2%
HV 60d21.1%19.7%22.0%20.8%20.2%
IV Rank28.4%24.9%40.0%40.0%25.3%
IV Percentile65.1%55.2%83.3%83.3%56.7%
Term Structure0.2%-0.9%2.3%-0.9%0.3%
VWIV22.3%20.1%24.6%23.6%21.2%
Skew 25d4.9%4.2%6.3%6.3%4.2%
Skew 10d9.5%8.0%11.6%11.5%8.9%
Call IV 25d19.1%17.3%21.8%21.8%18.7%
Put IV 25d24.0%22.3%28.1%28.1%22.9%
Bid-Ask Spread %4.972.937.897.477.18
Gamma HHI0.110.070.340.080.10
Net GEX36.8M-22.3M119.6M-22.3M62.6M
Net DEX-93.0M-494.7M608.0M608.0M-208.2M
Net VEX-13.4M-13.9M-12.8M-13.1M-13.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.452.151.170.55
Total Volume52,671.330,570105,55743,228105,557
Total OI835,442.2658,503935,244830,178726,689

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$105.94$110.0024.1%6.8%18.9%40.0%23.6%6.3%-0.9%-22.3M608.0M-13.1M1.177.47N/AN/A19,96323,265381,882448,296
2019-06-04$109.55$110.0021.7%6.0%23.2%30.6%22.4%5.7%-0.6%31.1M-211.3M-13.9M0.876.69N/AN/A26,90123,418392,232456,821
2019-06-05$110.12$110.0021.9%6.0%22.1%31.3%20.9%5.5%-0.6%50.1M-367.8M-13.9M0.825.77N/AN/A17,60014,394400,480461,738
2019-06-06$110.42$110.0021.2%6.4%22.0%28.7%22.6%5.5%-0.6%55.8M-447.6M-13.7M1.457.89N/AN/A18,47026,751405,977465,218
2019-06-07$109.17$110.0020.8%6.2%22.3%27.2%22.2%4.8%-0.5%19.6M-105.5M-13.4M1.297.73N/AN/A26,68334,519410,396473,173
2019-06-10$110.47$110.0020.9%6.5%22.8%27.7%22.9%4.9%1.9%50.8M-408.2M-13.7M0.864.58N/AN/A18,49615,999402,084455,350
2019-06-11$110.81$110.0020.4%6.4%20.3%25.4%22.5%5.1%2.3%59.4M-493.9M-13.5M2.154.42N/AN/A24,96253,691408,043461,811
2019-06-12$109.06$110.0020.8%6.3%20.7%27.0%24.5%5.1%1.1%12.4M68.8M-13.6M1.293.35N/AN/A20,58826,630417,501480,646
2019-06-13$109.33$110.0020.5%6.2%20.7%26.1%22.7%5.3%1.5%19.8M-7.5M-13.3M1.114.75N/AN/A19,83521,995420,527482,847
2019-06-14$110.09$110.0020.2%6.2%20.3%24.9%23.9%5.0%2.1%17.6M-233.3M-13.5M1.255.07N/AN/A22,28927,866424,583488,044
2019-06-17$109.28$110.0021.3%6.2%20.4%29.2%24.6%5.0%0.1%27.0M-3.9M-13.2M1.144.09N/AN/A14,30816,262409,938472,254
2019-06-18$110.99$110.0021.4%6.2%21.1%29.5%20.9%4.8%-0.9%61.8M-494.7M-13.3M0.452.93N/AN/A39,03717,622413,452474,121
2019-06-19$109.98$110.0021.3%6.1%21.3%29.2%22.6%4.5%-0.6%51.9M-178.9M-13.1M0.795.36N/AN/A36,43228,809417,644477,599
2019-06-20$110.33$110.0020.6%5.9%21.2%26.3%22.0%4.7%-0.1%84.1M-258.1M-13.2M0.524.15N/AN/A46,64624,378427,786489,869
2019-06-21$110.37$110.0020.6%6.0%18.9%26.5%21.3%4.3%-0.5%119.6M-375.9M-13.2M0.465.43N/AN/A53,24624,394437,748497,496
2019-06-24$109.02$110.0020.9%6.1%18.6%27.4%21.8%4.3%-0.1%11.0M236.1M-13.0M0.652.99N/AN/A19,97513,069300,463358,040
2019-06-25$108.06$110.0021.7%6.5%18.6%30.7%22.1%4.3%-0.3%1.7M395.2M-12.8M0.752.93N/AN/A26,03919,427310,605364,274
2019-06-26$108.52$110.0020.9%6.2%18.6%27.6%21.7%4.4%-0.2%7.1M340.8M-13.2M0.693.05N/AN/A19,15313,307319,089373,573
2019-06-27$108.94$110.0020.8%6.1%18.1%27.0%20.1%4.4%-0.2%15.7M285.6M-13.2M0.763.62N/AN/A29,22422,226323,742376,813
2019-06-28$111.45$110.0020.3%6.0%19.2%25.3%21.2%4.2%0.3%62.6M-208.2M-13.6M0.557.18N/AN/A68,30737,250338,045388,644