JPM Options History — November 2024

In November 2024, JPM traded between $219.81 and $251.66. ATM implied volatility averaged 21.0%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded below realized volatility by 21.3% (HV 20d: 42.3%). Max pain ranged from $210.00 to $215.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.81.

Notable Days

  • 2024-11-06: Highest Volume — 200,912 contracts
  • 2024-11-06: Largest IV drop — 12.7% change
  • 2024-11-04: Highest IV Rank — 72.8%
  • 2024-11-01: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$240.95$219.81$251.66$223.43$251.66
Max Pain$212.50$210.00$215.00$215.00$215.00
ATM IV21.0%18.1%27.0%25.2%18.2%
Expected Move6.1%5.4%8.4%8.4%5.4%
HV 20d42.3%21.0%48.6%21.0%45.6%
HV 60d31.5%21.7%33.6%21.7%33.3%
IV Rank37.6%20.2%72.8%62.2%21.2%
IV Percentile60.6%30.2%97.2%91.7%31.3%
Term Structure-0.1%-0.9%1.2%-0.7%0.6%
VWIV22.0%19.3%29.1%29.1%19.5%
Skew 25d1.6%0.7%4.5%3.5%1.0%
Skew 10d4.0%1.8%8.8%7.2%3.6%
Call IV 25d20.5%17.7%25.1%24.0%17.8%
Put IV 25d22.1%18.8%29.3%27.6%18.8%
Bid-Ask Spread %4.902.1910.442.194.75
Gamma HHI0.110.080.200.090.10
Net GEX187.1M78.2M336.0M95.8M246.9M
Net DEX-5.95B-7.62B-3.01B-3.69B-6.90B
Net VEX-20.3M-21.4M-17.2M-21.4M-19.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.461.751.070.64
Total Volume69,807.2528,699200,91253,58037,867
Total OI927,130.05854,3571,012,880903,211928,492

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$223.43$215.0025.2%8.4%21.0%62.2%29.1%3.5%-0.7%95.8M-3.69B-21.4M1.072.19N/AN/A25,93927,641411,642491,569
2024-11-04$219.81$210.0027.0%7.4%21.9%72.8%26.6%4.0%-0.8%78.2M-3.01B-21.4M1.754.60N/AN/A17,15730,100396,214473,021
2024-11-05$220.78$210.0026.7%7.5%21.9%71.3%25.7%4.5%-0.0%81.8M-3.18B-21.2M1.037.06N/AN/A20,68621,254402,626483,550
2024-11-06$247.28$210.0023.3%6.7%45.1%51.3%24.2%1.3%-0.1%146.2M-7.62B-17.2M0.736.52N/AN/A116,35484,558410,650494,599
2024-11-07$236.28$210.0020.9%6.0%48.6%36.8%22.9%1.5%0.1%159.6M-5.70B-20.2M0.8710.44N/AN/A104,21690,315441,504524,971
2024-11-08$237.39$210.0019.8%5.8%45.8%30.4%20.6%1.5%0.2%336.0M-6.10B-20.8M0.526.15N/AN/A58,07030,027476,087536,793
2024-11-11$239.47$210.0020.2%5.9%45.7%32.9%21.7%0.9%0.2%199.1M-6.36B-20.0M0.574.52N/AN/A39,56622,527453,595502,589
2024-11-12$239.84$210.0020.5%6.0%45.7%34.7%21.5%0.9%0.4%208.0M-6.39B-20.7M0.637.19N/AN/A24,61915,462460,885509,041
2024-11-13$242.12$210.0020.4%5.9%45.8%34.3%21.7%0.7%0.2%222.2M-6.91B-19.5M0.534.07N/AN/A32,06816,862466,912511,909
2024-11-14$242.53$210.0020.0%5.8%45.8%31.6%20.9%0.7%0.1%215.4M-6.87B-20.5M0.882.38N/AN/A39,25534,400467,890515,561
2024-11-15$245.75$210.0021.0%6.1%45.9%37.7%22.2%1.0%0.3%215.3M-7.43B-20.5M0.904.14N/AN/A52,83947,405474,891520,508
2024-11-18$245.03$215.0020.3%5.9%45.7%33.6%20.9%1.3%-0.7%157.6M-5.85B-20.0M1.163.77N/AN/A19,87522,973407,269447,088
2024-11-19$242.84$215.0020.1%5.8%45.9%32.4%20.5%1.2%-0.7%148.5M-5.50B-20.2M1.022.59N/AN/A30,37030,836411,358453,640
2024-11-20$240.73$215.0020.7%5.9%46.1%35.9%20.6%1.8%-0.5%120.3M-5.06B-21.0M0.462.39N/AN/A46,99621,570421,180465,202
2024-11-21$245.02$215.0020.7%6.0%46.4%35.8%20.9%1.1%-0.9%198.9M-5.98B-20.9M0.566.41N/AN/A29,67916,735443,007469,083
2024-11-22$248.66$215.0019.7%5.7%46.2%30.0%21.1%1.0%-0.9%212.9M-6.59B-20.6M0.755.91N/AN/A38,46028,769448,397473,107
2024-11-25$250.33$215.0018.9%5.6%46.0%25.4%20.2%1.2%0.1%238.1M-6.75B-20.1M0.574.87N/AN/A36,12020,733443,876464,143
2024-11-26$250.62$215.0018.3%5.5%45.7%21.6%19.6%1.2%1.2%239.2M-6.67B-19.8M0.724.62N/AN/A20,37314,770445,303471,463
2024-11-27$249.48$215.0018.1%5.4%45.8%20.2%19.3%1.2%0.5%221.3M-6.47B-20.5M0.803.43N/AN/A15,93712,762448,855474,131
2024-11-29$251.66$215.0018.2%5.4%45.6%21.2%19.5%1.0%0.6%246.9M-6.90B-19.3M0.644.75N/AN/A23,09814,769452,132476,360