JPM Options History — June 2022

In June 2022, JPM traded between $112.52 and $131.34. ATM implied volatility averaged 32.5%, placing in the 55.5% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded below realized volatility by 2.5% (HV 20d: 35.0%). Max pain ranged from $120.00 to $135.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.74.

Notable Days

2022-06-23: Highest Volume — 108,694 contracts
2022-06-13: Largest IV spike — 17.6% change
2022-06-13: Highest IV Rank — 85.8%
2022-06-13: Largest Expected Move — 11.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$120.03	$112.52	$131.34	$130.66	$112.52
Max Pain	$127.57	$120.00	$135.00	$135.00	$120.00
ATM IV	32.5%	26.7%	40.2%	28.3%	34.2%
Expected Move	9.7%	8.3%	11.6%	8.5%	10.2%
HV 20d	35.0%	29.1%	40.8%	38.8%	29.6%
HV 60d	31.5%	30.3%	32.4%	32.1%	32.2%
IV Rank	55.5%	32.5%	85.8%	38.8%	62.2%
IV Percentile	84.7%	67.1%	98.8%	75.4%	89.3%
Term Structure	0.1%	-1.7%	2.3%	0.2%	-0.7%
VWIV	34.2%	30.4%	39.7%	30.4%	36.4%
Skew 25d	7.0%	5.7%	8.7%	6.1%	7.0%
Skew 10d	13.7%	11.2%	17.3%	12.4%	13.4%
Call IV 25d	30.0%	24.3%	36.9%	26.0%	32.1%
Put IV 25d	37.0%	30.0%	45.6%	32.0%	39.1%
Bid-Ask Spread %	3.31	2.23	6.03	3.75	4.10
Gamma HHI	0.09	0.06	0.13	0.06	0.09
Net GEX	-31.9M	-70.5M	33.2M	25.4M	-60.9M
Net DEX	2.34B	699.1M	3.89B	844.4M	2.75B
Net VEX	-21.4M	-24.9M	-19.2M	-24.9M	-19.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.74	0.45	1.04	0.93	0.66
Total Volume	73,780.286	48,087	108,694	82,862	81,618
Total OI	1,231,026.333	991,075	1,374,888	1,323,000	1,105,681

Daily Data (21 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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-06-01	$130.66	$135.00	28.3%	8.5%	38.8%	38.8%	30.4%	6.1%	0.2%	25.4M	844.4M	-24.9M	0.93	3.75	N/A	N/A	42,979	39,883	626,026	696,974
2022-06-02	$131.34	$130.00	26.7%	8.4%	37.0%	32.5%	31.3%	5.7%	0.3%	33.2M	699.1M	-24.4M	0.95	2.43	N/A	N/A	27,803	26,499	628,391	710,497
2022-06-03	$130.81	$130.00	27.0%	8.5%	35.0%	33.6%	31.0%	5.8%	0.3%	25.5M	821.9M	-24.3M	1.00	3.76	N/A	N/A	27,717	27,582	629,677	718,909
2022-06-06	$129.86	$130.00	27.7%	8.4%	35.2%	36.5%	32.3%	6.5%	1.6%	2.3M	1.16B	-23.6M	0.64	3.33	N/A	N/A	49,091	31,313	609,156	705,714
2022-06-07	$130.15	$130.00	27.0%	8.3%	34.6%	33.8%	30.7%	5.9%	1.7%	11.6M	1.08B	-23.8M	0.93	3.62	N/A	N/A	26,975	24,974	628,125	721,783
2022-06-08	$127.94	$130.00	28.5%	8.4%	33.3%	39.6%	30.9%	6.3%	0.4%	-17.9M	1.64B	-23.5M	0.96	2.44	N/A	N/A	35,010	33,769	621,080	713,209
2022-06-09	$125.90	$130.00	30.6%	9.3%	34.0%	47.9%	31.9%	6.4%	2.3%	-50.3M	2.07B	-23.3M	0.64	3.01	N/A	N/A	31,450	20,012	630,768	718,959
2022-06-10	$119.86	$130.00	34.2%	10.0%	38.6%	62.0%	34.8%	7.4%	1.3%	-70.5M	3.21B	-21.7M	0.82	2.23	N/A	N/A	44,523	36,321	635,610	719,700
2022-06-13	$115.23	$130.00	40.2%	11.6%	40.7%	85.8%	39.7%	8.7%	-1.2%	-66.9M	3.58B	-20.3M	0.88	3.79	N/A	N/A	43,352	37,990	607,991	701,443
2022-06-14	$114.13	$130.00	37.9%	10.9%	40.8%	76.6%	38.9%	8.5%	-1.0%	-68.8M	3.78B	-19.8M	1.04	3.69	N/A	N/A	46,522	48,590	618,902	711,153
2022-06-15	$115.69	$130.00	35.5%	10.2%	38.7%	67.4%	34.9%	7.3%	-1.7%	-68.4M	3.64B	-20.0M	0.56	6.03	N/A	N/A	47,173	26,595	630,152	718,203
2022-06-16	$113.20	$130.00	37.0%	10.6%	38.7%	73.2%	37.7%	8.6%	-0.1%	-69.3M	3.85B	-19.5M	0.73	3.52	N/A	N/A	46,063	33,490	642,130	718,762
2022-06-17	$113.01	$130.00	34.9%	10.0%	38.6%	65.2%	35.7%	7.8%	0.0%	-53.9M	3.89B	-19.2M	0.80	3.42	N/A	N/A	53,314	42,913	648,901	725,987
2022-06-21	$115.92	$125.00	33.4%	9.9%	39.5%	59.0%	34.1%	7.2%	0.1%	-40.2M	2.32B	-19.8M	0.55	2.23	N/A	N/A	47,508	25,915	439,307	551,768
2022-06-22	$115.46	$125.00	34.2%	10.2%	30.4%	62.1%	35.4%	7.3%	-0.4%	-36.6M	2.34B	-19.9M	0.56	2.56	N/A	N/A	30,829	17,258	453,548	559,258
2022-06-23	$113.94	$125.00	35.3%	10.5%	29.6%	66.5%	36.8%	7.4%	-0.3%	-44.2M	2.49B	-19.7M	0.75	2.64	N/A	N/A	62,226	46,468	459,743	563,705
2022-06-24	$117.22	$125.00	32.3%	9.6%	31.6%	54.6%	33.9%	6.2%	0.1%	-11.4M	2.05B	-20.7M	0.49	2.99	N/A	N/A	64,250	31,416	482,744	583,265
2022-06-27	$116.69	$122.00	32.8%	9.9%	30.7%	56.6%	33.6%	7.0%	-0.7%	-33.9M	2.18B	-20.4M	0.45	3.95	N/A	N/A	41,066	18,670	471,878	580,043
2022-06-28	$115.84	$122.00	32.4%	9.8%	30.3%	54.9%	34.3%	6.8%	-0.4%	-35.9M	2.30B	-20.1M	0.46	2.80	N/A	N/A	55,151	25,302	483,053	588,816
2022-06-29	$115.32	$120.00	32.8%	9.9%	29.1%	56.8%	33.6%	6.9%	-0.3%	-38.8M	2.36B	-20.2M	0.77	3.12	N/A	N/A	28,143	21,663	496,781	593,761
2022-06-30	$112.52	$120.00	34.2%	10.2%	29.6%	62.2%	36.4%	7.0%	-0.7%	-60.9M	2.75B	-19.4M	0.66	4.10	N/A	N/A	49,293	32,325	503,470	602,211