MAPP Options History — November 2009

In November 2009, MAPP traded between $8.08 and $9.23. ATM implied volatility averaged 74.0%. The 30-day expected move averaged 22.4%. IV traded above realized volatility by 20.5% (HV 20d: 53.5%). Max pain ranged from $7.50 to $12.50. Net GEX was positive for 1 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2009-11-25: Highest Volume — 35 contracts
  • 2009-11-12: Largest IV spike — 48.8% change
  • 2009-11-04: Largest Expected Move — 28.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.85$8.08$9.23$8.08$9.05
Max Pain$11.63$7.50$12.50$10.00$12.50
ATM IV74.0%51.7%99.2%83.4%71.0%
Expected Move22.4%19.0%28.4%23.9%20.4%
HV 20d53.5%42.9%60.2%49.8%42.9%
HV 60d50.1%48.2%51.9%48.2%49.8%
Term Structure3.5%-9.1%12.8%5.6%2.6%
VWIV83.4%83.4%83.4%83.4%83.4%
Bid-Ask Spread %80.0270.9093.3889.7790.07
Gamma HHI0.410.260.600.440.58
Net GEX-544-90443-500-862
Net DEX76.9K55.8K91.7K87.6K91.7K
Net VEX-368-475-280-314-410
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.4035100
Total OI427.35395440410433

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-11-02$8.08$10.0083.4%23.9%49.8%0.0%83.4%0.0%5.6%-50087.6K-3140.0089.77N/AN/A010222188
2009-11-03$8.33$7.5084.6%24.2%52.1%0.0%0.0%0.0%8.4%-62488.6K-3310.0087.20N/AN/A00222198
2009-11-04$8.41$7.5099.2%28.4%52.6%0.0%0.0%0.0%-9.1%-68985.8K-3370.0079.51N/AN/A00222198
2009-11-05$9.02$7.5071.1%20.4%59.6%0.0%0.0%0.0%7.1%-30560.7K-4600.0093.38N/AN/A00222198
2009-11-06$9.22$12.5067.4%22.6%59.5%0.0%0.0%0.0%2.5%-26855.8K-4750.0074.25N/AN/A200222198
2009-11-09$8.84$12.5051.7%23.1%60.2%0.0%0.0%0.0%-0.6%-31373.1K-3880.0075.54N/AN/A00242198
2009-11-10$8.69$12.5062.1%23.9%60.0%0.0%0.0%0.0%-1.9%-62578.2K-3580.0076.53N/AN/A00242198
2009-11-11$8.82$12.5053.6%20.7%60.1%0.0%0.0%0.0%10.0%-41172.3K-3860.0070.90N/AN/A00242198
2009-11-12$8.90$12.5079.8%22.9%60.1%0.0%0.0%0.0%1.5%-20470.3K-3900.0073.94N/AN/A00242198
2009-11-13$9.00$12.5077.1%22.1%59.4%0.0%0.0%0.0%1.1%4362.9K-4140.0075.27N/AN/A00242198
2009-11-16$8.95$12.5078.4%22.5%57.4%0.0%0.0%0.0%1.1%-58873.0K-3650.0079.49N/AN/A00242198
2009-11-17$8.97$12.5077.1%22.1%51.6%0.0%0.0%0.0%3.1%-59973.2K-3610.0076.17N/AN/A00242198
2009-11-18$8.80$12.5078.1%22.4%51.0%0.0%0.0%0.0%0.4%-68381.2K-3240.0080.10N/AN/A00242198
2009-11-19$8.52$12.5085.0%24.4%51.5%0.0%0.0%0.0%1.3%-68390.0K-2800.0079.27N/AN/A00242198
2009-11-20$8.75$12.5086.4%24.8%49.9%0.0%0.0%0.0%-2.1%-65181.7K-3170.0077.16N/AN/A00242198
2009-11-23$9.23$12.5069.5%19.9%50.5%0.0%0.0%0.0%9.5%-66673.5K-3450.0076.48N/AN/A30207188
2009-11-24$9.23$12.5066.2%19.0%50.0%0.0%0.0%0.0%12.8%-68775.1K-3410.0085.92N/AN/A00210188
2009-11-25$9.17$12.5069.6%19.9%46.0%0.0%0.0%0.0%8.1%-65973.7K-3390.0086.50N/AN/A035210188
2009-11-27$9.11$12.5068.3%19.6%45.7%0.0%0.0%0.0%9.3%-90490.1K-4160.0072.95N/AN/A00210223
2009-11-30$9.05$12.5071.0%20.4%42.9%0.0%0.0%0.0%2.6%-86291.7K-4100.0090.07N/AN/A00210223