MAPP Options History — December 2009

In December 2009, MAPP traded between $9.07 and $10.43. ATM implied volatility averaged 66.9%, placing in the 28.1% IV rank vs the trailing year. The 30-day expected move averaged 19.7%. IV traded above realized volatility by 30.0% (HV 20d: 36.9%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.10.

Notable Days

  • 2009-12-11: Highest Volume — 107 contracts
  • 2009-12-10: Largest IV spike — 21.6% change
  • 2009-12-18: Highest IV Rank — 40.4%
  • 2009-12-07: Largest Expected Move — 22.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.66$9.07$10.43$9.07$9.53
Max Pain$10.31$10.00$12.50$12.50$10.00
ATM IV66.9%57.9%73.6%66.8%57.9%
Expected Move19.7%16.6%22.2%19.2%16.6%
HV 20d36.9%33.1%42.1%42.1%41.0%
HV 60d47.7%45.3%49.2%49.1%45.8%
IV Rank28.1%11.5%40.4%29.8%11.5%
IV Percentile11.3%2.7%26.1%7.1%2.7%
Term Structure8.7%3.3%15.9%7.3%15.9%
VWIV69.2%65.9%73.6%67.6%65.9%
Bid-Ask Spread %76.3257.34116.8988.0169.40
Gamma HHI0.540.380.680.610.52
Net GEX99-9631.7K-9111.6K
Net DEX30.8K-69.8K92.2K92.2K-36.1K
Net VEX-516-804-369-399-650
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.880.000.00
Total Volume19.5450107011
Total OI414.682239506433337

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-12-01$9.07$12.5066.8%19.2%42.1%0.0%0.0%0.0%7.3%-91192.2K-3990.0088.01N/AN/A00210223
2009-12-02$9.25$12.5067.8%19.4%41.4%29.8%67.6%0.0%6.6%-96392.0K-3970.0064.62N/AN/A280210223
2009-12-03$9.14$10.0070.5%20.2%41.8%34.6%0.0%0.0%4.2%-67885.4K-4050.0057.34N/AN/A00224223
2009-12-04$9.50$0.0061.8%20.8%36.4%18.7%0.0%0.0%7.8%-74385.8K-4000.0063.35N/AN/A00224223
2009-12-07$9.50$0.0067.8%22.2%35.7%29.6%0.0%0.0%3.3%-74685.0K-3910.0064.92N/AN/A00224223
2009-12-08$9.25$0.0070.2%20.8%33.6%34.2%0.0%0.0%8.0%-73788.3K-3810.0070.86N/AN/A00224223
2009-12-09$9.46$0.0059.4%21.1%33.5%14.2%0.0%0.0%5.1%-75788.7K-3730.0064.94N/AN/A00224223
2009-12-10$9.57$0.0072.2%20.7%33.4%37.8%0.0%0.0%6.5%-76486.1K-3690.0069.52N/AN/A00224223
2009-12-11$9.55$0.0069.7%20.0%33.4%33.2%69.7%0.0%11.4%-74684.3K-3690.8873.48N/AN/A5750224223
2009-12-14$9.55$10.0071.8%20.6%33.3%37.2%0.0%0.0%9.4%-17463.1K-4730.0075.07N/AN/A20281223
2009-12-15$9.60$10.0072.1%20.7%33.1%37.7%0.0%0.0%9.1%-13962.7K-4730.0076.52N/AN/A00283223
2009-12-16$9.79$10.0072.3%20.7%33.6%38.0%0.0%0.0%9.4%-10357.5K-4710.0083.54N/AN/A00283223
2009-12-17$9.53$10.0067.1%19.2%34.4%28.5%0.0%0.0%12.6%-12365.8K-4450.00116.89N/AN/A00283223
2009-12-18$10.20$10.0073.6%21.1%38.5%40.4%73.6%0.0%5.5%-7319.5K-4720.0085.28N/AN/A520283223
2009-12-21$10.21$10.0065.9%18.9%38.1%26.3%0.0%0.0%10.6%193-9.2K-5410.0085.57N/AN/A940124115
2009-12-22$10.43$10.0068.2%19.6%34.5%30.5%0.0%0.0%6.7%890-69.8K-8040.0074.26N/AN/A00218115
2009-12-23$10.02$10.0065.9%18.9%38.2%26.3%65.9%0.0%7.8%829-56.7K-7740.0063.29N/AN/A690218115
2009-12-24$9.97$10.0059.2%17.0%38.1%13.8%0.0%0.0%13.9%1.7K-58.1K-7320.00104.44N/AN/A100232115
2009-12-28$10.04$10.0064.3%18.4%37.9%23.3%0.0%0.0%11.4%1.6K-57.6K-6980.0070.10N/AN/A570222115
2009-12-29$9.93$10.0065.1%18.7%38.1%24.7%0.0%0.0%8.3%1.6K-53.1K-6870.0088.71N/AN/A00222115
2009-12-30$9.53$10.0062.6%17.9%41.5%20.1%0.0%0.0%10.8%1.4K-38.8K-6550.0068.92N/AN/A00222115
2009-12-31$9.53$10.0057.9%16.6%41.0%11.5%0.0%0.0%15.9%1.6K-36.1K-6500.0069.40N/AN/A110222115