JPM Options History — June 2021

In June 2021, JPM traded between $148.11 and $166.58. ATM implied volatility averaged 22.7%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 4.9% (HV 20d: 17.8%). Max pain ranged from $150.00 to $160.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.60.

Notable Days

  • 2021-06-17: Highest Volume — 229,408 contracts
  • 2021-06-14: Largest IV spike — 9.4% change
  • 2021-06-18: Highest IV Rank — 24.4%
  • 2021-06-18: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$157.77$148.11$166.58$165.76$155.29
Max Pain$157.05$150.00$160.00$150.00$155.00
ATM IV22.7%20.4%26.1%23.1%22.6%
Expected Move6.6%5.9%7.5%6.0%6.6%
HV 20d17.8%14.0%19.6%19.3%19.3%
HV 60d19.5%18.3%20.1%20.1%19.5%
IV Rank11.5%3.4%24.4%10.7%12.3%
IV Percentile10.2%0.4%20.6%9.9%12.3%
Term Structure0.0%-1.5%1.8%-0.8%0.1%
VWIV23.6%21.2%27.0%21.2%23.7%
Skew 25d1.2%0.5%2.3%2.3%0.5%
Skew 10d2.2%0.5%5.2%4.7%1.3%
Call IV 25d22.7%20.0%26.3%22.6%23.0%
Put IV 25d23.9%20.4%28.1%24.9%23.5%
Bid-Ask Spread %5.091.7617.193.501.76
Gamma HHI0.110.050.280.150.11
Net GEX49.3M-64.8M151.1M127.0M104.1M
Net DEX-2.13B-4.07B288.0M-3.90B-1.97B
Net VEX-18.9M-21.0M-16.7M-17.1M-20.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.211.170.460.48
Total Volume105,96046,490229,40863,41390,212
Total OI1,103,925.9551,010,6391,256,3291,025,9371,129,077

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$165.76$150.0023.1%6.0%19.3%10.7%21.2%2.3%-0.8%127.0M-3.90B-17.1M0.463.50N/AN/A43,46619,947456,154569,783
2021-06-02$165.83$150.0023.6%5.9%19.3%11.9%21.2%2.0%-0.7%138.3M-3.85B-18.1M0.564.83N/AN/A29,74216,748465,983582,767
2021-06-03$166.28$155.0023.1%6.8%18.6%10.7%25.1%2.2%-1.0%133.6M-3.90B-17.9M0.776.04N/AN/A39,36330,198469,660586,455
2021-06-04$166.58$155.0022.2%6.2%17.7%8.4%22.7%0.9%-1.5%151.1M-4.07B-16.7M1.1617.19N/AN/A42,49949,399478,181597,661
2021-06-07$165.60$160.0021.0%6.2%17.8%5.2%22.4%1.5%1.0%103.0M-3.62B-17.7M1.172.77N/AN/A27,75532,374463,236601,574
2021-06-08$165.28$160.0020.5%6.2%17.8%3.8%22.2%1.5%1.3%106.9M-3.64B-17.0M0.707.47N/AN/A34,08323,792472,807619,055
2021-06-09$163.03$160.0021.4%6.4%16.6%6.1%23.0%1.4%1.1%59.3M-3.13B-17.4M0.714.28N/AN/A35,23825,129479,273626,081
2021-06-10$160.72$160.0021.2%6.5%17.3%5.7%22.8%1.1%1.6%27.0M-2.60B-17.8M0.4816.42N/AN/A66,72631,806486,010633,923
2021-06-11$159.86$160.0020.4%6.2%14.0%3.4%22.3%0.5%1.8%-64.8M-2.42B-17.8M0.662.14N/AN/A56,32337,116500,674644,527
2021-06-14$157.22$160.0022.3%6.5%14.4%9.4%22.9%1.0%-0.5%8.4M-1.93B-17.8M0.793.43N/AN/A55,45443,772479,885638,037
2021-06-15$155.39$160.0023.0%6.7%14.7%11.8%23.6%1.1%-0.1%2.5M-1.57B-17.9M0.663.60N/AN/A81,51953,766496,912652,105
2021-06-16$156.74$160.0023.5%6.7%15.1%14.4%23.9%1.2%-0.6%33.5M-1.94B-18.8M0.4315.28N/AN/A128,89155,930515,561673,068
2021-06-17$151.99$160.0023.9%6.9%17.3%16.7%24.4%1.3%-0.6%-28.2M-785.5M-18.7M0.453.62N/AN/A158,38871,020530,212679,254
2021-06-18$148.11$160.0026.1%7.5%18.8%24.4%27.0%1.8%-0.1%-63.8M288.0M-19.9M0.743.36N/AN/A103,59876,527554,510701,819
2021-06-21$150.01$160.0023.9%7.0%19.2%16.8%25.2%1.4%-0.2%-8.9M-475.6M-20.5M0.592.75N/AN/A79,19846,507457,373553,266
2021-06-22$150.44$155.0023.6%6.9%18.9%15.6%24.4%1.2%-0.2%-9.9M-531.0M-20.6M0.322.70N/AN/A63,95920,709471,076568,729
2021-06-23$151.49$155.0022.8%6.6%19.1%12.7%23.8%1.1%0.1%18.5M-896.6M-20.2M0.512.41N/AN/A53,99827,539495,928573,475
2021-06-24$152.78$155.0023.6%7.0%19.6%15.6%24.7%0.8%-0.2%37.2M-1.20B-21.0M0.442.23N/AN/A75,06833,355509,184583,261
2021-06-25$154.35$155.0022.2%6.5%19.5%10.8%23.2%0.6%0.1%83.2M-1.61B-21.0M0.392.23N/AN/A93,96936,869522,172598,679
2021-06-28$154.03$155.0023.4%7.0%19.4%14.8%24.8%0.6%-0.1%51.8M-1.53B-20.6M0.412.00N/AN/A65,26327,019498,507568,310
2021-06-29$154.19$155.0022.4%6.6%19.0%11.7%23.7%0.5%0.2%75.8M-1.64B-20.6M0.211.98N/AN/A121,85325,033521,824580,343
2021-06-30$155.29$155.0022.6%6.6%19.3%12.3%23.7%0.5%0.1%104.1M-1.97B-20.9M0.481.76N/AN/A60,80629,406542,898586,179