MODL Options History — February 2012

In February 2012, MODL traded between $10.26 and $10.80. ATM implied volatility averaged 49.6%. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 19.0% (HV 20d: 30.6%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-02-17: Highest Volume — 100 contracts
  • 2012-02-24: Largest IV drop — 33.1% change
  • 2012-02-13: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.57$10.26$10.80$10.74$10.29
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV49.6%36.5%55.4%46.2%53.8%
Expected Move14.5%10.5%15.9%13.3%15.4%
HV 20d30.6%27.7%33.3%27.7%29.9%
Term Structure5.7%-0.1%24.7%18.8%-0.1%
Skew 25d9.6%-2.6%20.7%19.9%7.4%
Skew 10d24.5%3.2%59.9%59.9%21.2%
Call IV 25d45.3%38.0%55.8%38.0%55.8%
Put IV 25d54.8%42.9%63.2%57.9%63.2%
Bid-Ask Spread %104.1370.01116.8370.01114.25
Gamma HHI0.610.500.760.570.56
Net GEX9.0K3.8K18.0K9.5K3.8K
Net DEX-223.2K-330.6K-109.6K-275.3K-109.6K
Net VEX-713-820-608-820-608
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume6.25010000
Total OI423312502477312

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-02-01$10.74$10.0046.2%13.3%0.0%0.0%0.0%19.9%18.8%9.5K-275.3K-8200.0070.01N/AN/A004770
2012-02-02$10.70$10.0046.2%13.3%0.0%0.0%0.0%-1.8%9.7%11.8K-284.0K-8030.00110.32N/AN/A004770
2012-02-03$10.72$0.0046.1%14.9%0.0%0.0%0.0%12.8%3.8%10.4K-293.1K-7950.00108.44N/AN/A004770
2012-02-06$10.41$0.0050.8%15.2%0.0%0.0%0.0%6.8%1.6%10.9K-257.8K-7670.0099.52N/AN/A004770
2012-02-07$10.72$0.0054.3%15.7%0.0%0.0%0.0%14.8%0.7%10.4K-283.9K-7620.00101.99N/AN/A004770
2012-02-08$10.74$0.0044.0%15.2%0.0%0.0%0.0%12.3%2.6%10.0K-305.8K-7340.00103.28N/AN/A004770
2012-02-09$10.40$0.0051.4%14.7%0.0%0.0%0.0%8.8%2.5%11.3K-249.4K-7480.00102.94N/AN/A004770
2012-02-10$10.36$0.0053.5%15.3%0.0%0.0%0.0%12.5%2.3%14.8K-258.1K-7270.00101.81N/AN/A004770
2012-02-13$10.36$0.0055.4%15.9%0.0%0.0%0.0%11.2%0.8%14.9K-252.0K-6870.00102.04N/AN/A004770
2012-02-14$10.27$0.0053.8%15.4%0.0%0.0%0.0%10.2%3.5%17.8K-243.8K-6690.00101.95N/AN/A2504770
2012-02-15$10.26$0.0054.5%15.6%27.7%0.0%0.0%9.2%1.8%18.0K-251.4K-7270.00104.36N/AN/A005020
2012-02-16$10.75$0.0052.6%15.1%33.3%0.0%0.0%13.2%2.5%7.8K-321.2K-7000.00105.90N/AN/A005020
2012-02-17$10.70$0.0048.4%13.9%32.3%0.0%0.0%11.9%11.6%4.0K-330.6K-7030.00110.92N/AN/A10005020
2012-02-21$10.60$0.0051.7%14.8%31.5%0.0%0.0%10.3%3.8%4.1K-124.7K-6700.0098.01N/AN/A003120
2012-02-22$10.64$0.0047.2%13.5%30.7%0.0%0.0%-2.5%3.6%4.1K-123.8K-6690.00116.48N/AN/A003120
2012-02-23$10.80$0.0054.5%15.6%30.3%0.0%0.0%14.7%2.8%4.2K-130.4K-6890.0084.30N/AN/A003120
2012-02-24$10.74$0.0036.5%10.5%30.1%0.0%0.0%1.3%24.7%4.2K-128.5K-6870.00114.29N/AN/A003120
2012-02-27$10.60$0.0042.1%12.1%30.4%0.0%0.0%20.7%15.1%4.0K-121.5K-6470.00114.98N/AN/A003120
2012-02-28$10.50$0.0048.5%13.9%29.6%0.0%0.0%-2.6%1.0%4.0K-118.7K-6410.00116.83N/AN/A003120
2012-02-29$10.29$0.0053.8%15.4%29.9%0.0%0.0%7.4%-0.1%3.8K-109.6K-6080.00114.25N/AN/A003120