MSFT Options History — October 2019

In October 2019, MSFT traded between $134.95 and $144.67. ATM implied volatility averaged 23.7%, placing in the 30.2% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 5.4% (HV 20d: 18.4%). Max pain ranged from $135.00 to $140.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.59.

Notable Days

  • 2019-10-24: Highest Volume — 508,603 contracts
  • 2019-10-24: Largest IV drop — 30.6% change
  • 2019-10-02: Highest IV Rank — 56.7%
  • 2019-10-08: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$139.28$134.95$144.67$137.31$143.38
Max Pain$136.04$135.00$140.00$135.00$139.00
ATM IV23.7%16.1%30.8%27.8%16.9%
Expected Move6.6%4.6%8.2%6.7%4.8%
HV 20d18.4%16.4%19.6%18.9%17.8%
HV 60d21.4%20.8%21.8%21.0%20.9%
IV Rank30.2%1.7%56.7%45.2%4.4%
IV Percentile51.6%0.8%88.5%77.0%5.6%
Term Structure-0.6%-1.8%0.4%-0.7%0.4%
VWIV23.2%16.6%27.6%22.9%16.7%
Skew 25d4.5%2.7%6.6%6.1%3.0%
Skew 10d8.7%4.7%13.0%11.6%5.1%
Call IV 25d21.7%15.3%27.8%24.9%15.7%
Put IV 25d26.2%18.1%34.5%31.0%18.6%
Bid-Ask Spread %3.061.487.113.231.55
Gamma HHI0.140.090.270.110.12
Net GEX235.5M-85.3M509.3M135.8M358.1M
Net DEX-4.60B-7.40B-2.13B-3.30B-6.40B
Net VEX-32.4M-35.0M-30.3M-34.1M-31.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.260.800.610.53
Total Volume233,116.783100,933508,603167,485138,417
Total OI2,125,557.1741,880,8802,304,2012,028,2042,166,266

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-10-01$137.31$135.0027.8%6.7%18.9%45.2%22.9%6.1%-0.7%135.8M-3.30B-34.1M0.613.23N/AN/A104,02763,458990,5581,037,646
2019-10-02$134.95$135.0030.8%7.6%19.6%56.7%25.9%6.6%-0.9%63.0M-2.13B-34.4M0.645.81N/AN/A168,755107,9791,010,7991,048,828
2019-10-03$136.15$135.0029.4%8.1%18.8%51.2%27.4%6.5%-0.8%120.4M-2.87B-35.0M0.723.32N/AN/A122,75488,7441,047,4131,086,235
2019-10-04$138.12$135.0026.7%7.1%19.6%41.1%25.0%5.9%-0.8%191.8M-3.97B-34.0M0.664.88N/AN/A124,81982,2771,048,0811,103,105
2019-10-07$137.32$135.0027.2%7.7%18.9%43.1%26.1%5.7%-0.1%124.6M-3.45B-33.4M0.722.94N/AN/A69,53150,3521,000,8991,067,361
2019-10-08$136.12$135.0029.3%8.2%18.7%51.1%27.6%6.4%-0.5%87.0M-2.84B-34.0M0.613.56N/AN/A98,71760,4641,022,3381,086,068
2019-10-09$138.15$135.0027.1%7.3%19.4%42.7%25.7%5.9%-1.6%189.6M-4.07B-33.6M0.567.11N/AN/A102,82857,8041,040,6721,095,257
2019-10-10$139.03$135.0026.4%7.2%18.6%39.9%25.8%5.6%-1.4%228.7M-4.57B-33.5M0.742.00N/AN/A88,06765,5191,047,8961,103,484
2019-10-11$140.17$135.0024.5%6.9%18.6%33.1%24.2%5.4%-0.8%334.9M-5.36B-32.9M0.553.64N/AN/A145,24280,3831,061,1111,118,675
2019-10-14$139.69$135.0024.1%6.8%18.5%31.5%25.4%5.4%0.1%232.7M-4.87B-32.1M0.802.05N/AN/A56,11844,8151,035,1931,080,066
2019-10-15$141.42$135.0023.0%6.6%18.8%27.6%23.4%4.3%-0.7%330.1M-5.97B-31.3M0.774.67N/AN/A96,33573,7231,050,2411,089,078
2019-10-16$140.21$135.0023.4%6.7%18.9%28.9%23.4%4.1%-0.3%264.7M-5.19B-31.6M0.733.22N/AN/A94,20669,1941,066,7621,107,046
2019-10-17$139.78$140.0023.1%6.6%18.0%27.8%23.4%4.1%-0.2%290.0M-4.89B-31.4M0.522.93N/AN/A118,77662,0311,085,1751,118,789
2019-10-18$137.94$140.0024.2%6.9%18.1%32.0%25.0%3.8%0.2%-85.3M-3.58B-31.2M0.612.45N/AN/A199,499121,5771,108,7811,137,313
2019-10-21$138.14$135.0025.0%7.3%18.1%34.8%25.4%3.6%-1.5%142.9M-3.65B-31.8M0.511.48N/AN/A109,23755,455935,765945,115
2019-10-22$136.62$135.0026.1%7.7%17.5%39.0%26.3%3.6%-1.8%123.6M-3.11B-32.0M0.262.09N/AN/A314,38682,338972,755971,010
2019-10-23$137.17$135.0025.9%7.7%16.4%38.4%26.9%2.7%-1.7%159.6M-3.49B-32.6M0.604.73N/AN/A301,077179,9611,072,6771,010,381
2019-10-24$139.78$136.0018.0%5.0%17.9%8.7%17.6%3.3%-0.5%479.2M-5.45B-31.6M0.511.95N/AN/A336,103172,5001,205,0761,099,125
2019-10-25$140.41$136.0017.0%4.7%16.9%4.8%16.6%3.3%-0.4%509.3M-5.75B-31.0M0.561.75N/AN/A168,57594,1861,193,5451,109,117
2019-10-28$144.06$137.0017.2%4.9%18.8%5.6%17.7%2.7%0.3%364.5M-7.22B-30.5M0.371.60N/AN/A312,362116,0661,042,9401,007,159
2019-10-29$142.92$138.0017.1%4.9%18.6%5.2%17.4%3.0%0.3%358.2M-6.35B-30.6M0.531.72N/AN/A121,24063,8221,075,3201,035,565
2019-10-30$144.67$138.0016.1%4.6%17.4%1.7%16.7%2.8%0.4%413.1M-7.40B-30.3M0.491.66N/AN/A119,19158,7761,092,3331,058,796
2019-10-31$143.38$139.0016.9%4.8%17.8%4.4%16.7%3.0%0.4%358.1M-6.40B-31.0M0.531.55N/AN/A90,28748,1301,096,1141,070,152