M Options History — October 2024

In October 2024, M traded between $15.27 and $16.23. ATM implied volatility averaged 46.3%, placing in the 39.2% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 19.2% (HV 20d: 27.1%). Max pain ranged from $15.00 to $16.00. Net GEX was positive for 7 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.46.

Notable Days

  • 2024-10-17: Highest Volume — 76,201 contracts
  • 2024-10-14: Largest IV spike — 10.7% change
  • 2024-10-25: Highest IV Rank — 53.1%
  • 2024-10-29: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.59$15.27$16.23$15.41$15.36
Max Pain$15.91$15.00$16.00$15.00$16.00
ATM IV46.3%36.8%55.0%36.8%54.6%
Expected Move13.4%11.2%14.8%11.2%14.6%
HV 20d27.1%24.1%30.2%26.4%27.4%
HV 60d45.8%40.8%52.1%52.0%40.8%
IV Rank39.2%23.9%53.1%23.9%52.5%
IV Percentile44.3%10.7%72.6%10.7%72.6%
Term Structure1.1%-7.7%7.6%1.5%-1.0%
VWIV46.3%39.9%51.4%41.4%50.9%
Skew 25d3.2%-0.8%7.2%3.4%7.2%
Skew 10d9.0%3.9%18.0%3.9%9.5%
Call IV 25d44.9%36.9%53.9%38.2%51.2%
Put IV 25d48.1%38.3%58.4%41.6%58.4%
Bid-Ask Spread %36.7210.0169.2953.7523.14
Gamma HHI0.160.110.270.140.15
Net GEX236.1K-655.9K4.7M77.5K-430.4K
Net DEX16.4M-21.3M29.9M20.9M29.0M
Net VEX-629.8K-674.6K-585.1K-655.5K-595.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.041.561.560.62
Total Volume13,276.6963,07376,2016,5873,190
Total OI301,112.783285,290346,810289,976301,429

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-10-01$15.41$15.0036.8%11.2%26.4%23.9%41.4%3.4%1.5%77.5K20.9M-655.5K1.5653.75N/AN/A2,5734,014136,560153,416
2024-10-02$15.32$15.0037.0%11.3%25.3%24.2%39.9%-0.1%3.8%-292.4K26.3M-644.7K0.2220.44N/AN/A3,440762136,373156,357
2024-10-03$15.39$16.0039.7%13.2%24.1%28.5%44.9%-0.5%3.0%-54.7K23.1M-646.3K0.2543.39N/AN/A2,577632137,832156,702
2024-10-04$15.79$16.0038.6%12.0%24.1%26.8%43.3%3.8%2.7%-251.4K9.9M-647.7K0.1910.01N/AN/A8,1181,548138,002157,136
2024-10-07$15.36$16.0040.1%13.5%26.4%29.1%44.6%4.0%7.1%-601.2K27.9M-638.0K0.3713.01N/AN/A5,5372,060132,524154,905
2024-10-08$15.27$16.0040.5%13.4%25.8%29.8%45.5%4.4%7.6%-655.9K29.8M-636.1K1.3013.91N/AN/A1,7932,331134,788155,982
2024-10-09$15.39$16.0040.0%13.2%25.1%29.1%44.6%5.9%5.4%-453.2K25.2M-633.0K0.2758.00N/AN/A2,421652135,720157,263
2024-10-10$15.43$16.0040.7%13.2%25.1%30.2%46.5%4.2%7.2%-375.6K24.1M-635.7K0.3115.60N/AN/A2,455772136,982157,526
2024-10-11$15.77$16.0039.5%12.5%24.5%28.2%43.1%2.3%7.3%-80.2K12.1M-627.4K0.0925.10N/AN/A13,3021,180137,596157,772
2024-10-14$15.38$16.0043.7%12.9%26.3%35.0%42.8%2.3%2.6%-364.5K24.4M-619.5K0.4618.18N/AN/A5,5462,572139,254153,337
2024-10-15$15.77$16.0043.3%12.5%27.5%34.4%44.3%4.4%1.8%572.4K7.7M-631.8K0.1946.97N/AN/A8,4521,605142,427155,279
2024-10-16$16.23$16.0047.9%13.7%29.1%41.8%44.7%0.1%2.7%1.1M-11.1M-649.3K0.0455.58N/AN/A60,4292,484144,336155,487
2024-10-17$16.18$16.0049.7%14.2%29.0%44.7%51.4%1.8%-0.5%4.7M-21.3M-673.0K0.0559.03N/AN/A72,4913,710169,366156,867
2024-10-18$16.12$16.0050.4%13.7%29.0%45.7%48.3%3.3%1.5%3.5M-19.2M-674.6K0.1225.44N/AN/A21,0852,517188,674158,136
2024-10-21$16.06$16.0051.7%13.5%28.4%47.9%47.6%-0.8%-7.7%1.3M-783.2K-637.2K0.3057.76N/AN/A12,0113,642155,403147,201
2024-10-22$15.71$16.0051.4%14.3%29.8%47.4%47.8%3.9%-0.1%329.5K14.5M-616.0K0.3437.55N/AN/A5,8232,000158,494149,893
2024-10-23$15.30$16.0052.5%13.8%30.2%49.2%50.0%2.8%-1.4%-518.9K29.9M-607.9K0.3634.93N/AN/A5,4391,946159,074151,470
2024-10-24$15.36$16.0052.7%14.2%29.2%49.4%50.5%4.5%-5.5%-503.9K26.6M-617.8K0.5255.43N/AN/A3,4471,791161,340152,519
2024-10-25$15.39$16.0055.0%14.0%29.1%53.1%48.4%2.4%-2.2%-471.4K27.1M-616.1K0.4069.29N/AN/A3,3331,339162,698153,585
2024-10-28$15.54$16.0052.8%13.6%27.7%49.5%47.9%6.6%-6.9%-467.9K22.9M-585.1K0.8437.32N/AN/A5,3144,487134,697150,593
2024-10-29$15.61$16.0053.1%14.8%27.0%50.0%47.5%4.1%-2.0%-214.6K18.7M-598.7K0.7546.69N/AN/A5,1593,853138,396154,132
2024-10-30$15.38$16.0054.4%14.2%27.4%52.2%49.3%3.4%-1.4%-440.3K28.7M-597.1K0.9124.14N/AN/A2,8992,633141,211156,860
2024-10-31$15.36$16.0054.6%14.6%27.4%52.5%50.9%7.2%-1.0%-430.4K29.0M-595.8K0.6223.14N/AN/A1,9711,219142,594158,835