L Options History — June 2022

In June 2022, L traded between $56.89 and $65.13. ATM implied volatility averaged 29.3%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 4.3% (HV 20d: 25.0%). Max pain ranged from $40.00 to $50.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.43.

Notable Days

  • 2022-06-10: Highest Volume — 380 contracts
  • 2022-06-27: Largest IV spike — 42.3% change
  • 2022-06-10: Highest IV Rank — 33.0%
  • 2022-06-10: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.63$56.89$65.13$65.13$59.17
Max Pain$45.71$40.00$50.00$50.00$50.00
ATM IV29.3%23.8%37.5%30.9%28.3%
Expected Move8.2%5.8%10.8%8.9%8.1%
HV 20d25.0%19.5%29.2%24.7%28.3%
HV 60d23.3%20.8%25.5%21.1%25.3%
IV Rank21.0%12.9%33.0%23.4%19.6%
IV Percentile62.9%33.7%89.3%74.6%61.1%
Term Structure-1.2%-15.4%6.9%-3.9%-2.5%
VWIV31.6%25.1%41.3%29.8%30.2%
Skew 25d4.6%-22.0%16.8%4.1%6.9%
Skew 10d9.9%-17.7%37.2%9.2%9.5%
Call IV 25d30.0%20.8%54.1%27.0%25.6%
Put IV 25d34.6%27.7%50.1%31.1%32.5%
Bid-Ask Spread %100.4290.61110.31100.63110.31
Gamma HHI0.380.270.460.410.38
Net GEX155.2K83.0K261.2K261.2K114.1K
Net DEX-2.7M-5.3M-1.0M-5.3M-1.4M
Net VEX-12.1K-15.1K-9.6K-15.1K-11.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.180.870.320.79
Total Volume226.619114380217170
Total OI1,7791,2362,1282,0271,344

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-06-01$65.13$50.0030.9%8.9%24.7%23.4%29.8%4.1%-3.9%261.2K-5.3M-15.1K0.32100.63165521,690337
2022-06-02$65.13$40.0023.8%5.8%22.5%12.9%25.5%5.6%-1.5%243.5K-5.2M-14.9K0.4194.68128521,692336
2022-06-03$64.72$40.0026.7%6.7%21.6%17.2%26.5%3.8%1.6%240.7K-5.1M-14.7K0.5196.02109561,692336
2022-06-06$64.43$40.0027.7%7.1%20.9%18.6%25.8%5.2%2.9%236.6K-4.8M-13.3K0.4092.88142571,695341
2022-06-07$64.75$45.0027.3%6.8%19.5%18.1%25.2%5.2%-1.1%257.7K-5.0M-13.7K0.3290.61178571,695342
2022-06-08$63.57$40.0027.1%7.8%20.3%17.8%28.8%2.5%-5.3%211.5K-4.1M-12.1K0.2196.69282581,665342
2022-06-09$62.00$40.0027.7%7.9%22.3%18.6%25.1%4.2%0.1%194.8K-3.6M-12.6K0.2598.69230581,785343
2022-06-10$60.56$40.0037.5%10.8%23.3%33.0%35.2%8.3%-15.4%159.3K-3.2M-13.6K0.1892.12323571,783344
2022-06-13$58.13$45.0030.2%8.7%25.2%22.3%36.3%8.1%-0.9%103.1K-1.8M-11.1K0.24102.47255601,779343
2022-06-14$58.68$40.0028.2%8.1%25.6%19.4%32.7%16.8%-2.0%125.4K-2.1M-12.6K0.26106.05228601,763337
2022-06-15$59.02$45.0026.6%7.6%24.0%17.0%32.5%-1.5%0.2%136.6K-2.2M-12.4K0.35102.03217761,752337
2022-06-16$56.89$45.0036.4%10.4%26.1%31.3%35.5%6.8%6.6%83.0K-1.2M-9.8K0.30101.04198591,748362
2022-06-17$57.55$50.0033.6%9.6%26.8%27.2%35.7%7.7%-4.5%91.6K-1.3M-10.7K0.27103.58223601,750363
2022-06-21$58.71$50.0029.3%8.4%28.1%21.0%30.9%12.8%-0.3%105.0K-1.2M-10.3K0.18109.03182331,129107
2022-06-22$58.53$50.0028.2%8.1%26.2%19.4%41.3%-3.9%-0.5%111.1K-1.2M-10.5K0.33104.60101331,147111
2022-06-23$57.99$50.0025.0%7.2%26.3%14.7%31.6%7.3%4.3%86.7K-1.0M-9.6K0.41103.0881331,160111
2022-06-24$59.85$50.0023.9%6.9%29.2%13.2%30.5%8.8%5.2%121.4K-1.3M-10.7K0.86100.4991781,166112
2022-06-27$59.87$50.0034.1%9.8%28.7%27.9%38.5%-22.0%-7.4%131.8K-1.8M-12.7K0.87104.7492801,176161
2022-06-28$59.59$50.0027.7%8.0%28.2%18.7%31.5%3.2%6.9%128.7K-1.5M-11.2K0.84101.4995801,176163
2022-06-29$59.00$50.0035.9%10.3%28.2%30.6%35.0%6.4%-7.7%115.8K-1.5M-11.4K0.7997.5795751,181163
2022-06-30$59.17$50.0028.3%8.1%28.3%19.6%30.2%6.9%-2.5%114.1K-1.4M-11.2K0.79110.3195751,181163