MSFT Options History — August 2024

In August 2024, MSFT traded between $393.62 and $424.63. ATM implied volatility averaged 22.8%, placing in the 36.8% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 0.0% (HV 20d: 22.7%). Max pain ranged from $410.00 to $420.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 0.68.

Notable Days

  • 2024-08-01: Highest Volume — 521,332 contracts
  • 2024-08-05: Largest IV spike — 22.5% change
  • 2024-08-05: Highest IV Rank — 100.0%
  • 2024-08-05: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$411.88$393.62$424.63$414.71$413.91
Max Pain$412.27$410.00$420.00$410.00$410.00
ATM IV22.8%18.9%34.3%24.5%19.8%
Expected Move6.6%5.4%9.4%7.4%5.6%
HV 20d22.7%19.8%25.5%21.0%19.8%
HV 60d19.9%18.2%20.7%18.2%18.9%
IV Rank36.8%15.7%100.0%47.2%20.4%
IV Percentile50.6%17.5%100.0%59.9%32.9%
Term Structure-0.0%-0.8%0.7%-0.6%0.1%
VWIV23.7%19.6%34.8%26.1%22.3%
Skew 25d3.5%1.6%9.3%2.3%2.8%
Skew 10d7.7%3.9%19.4%4.8%6.9%
Call IV 25d21.3%18.3%30.3%23.8%18.7%
Put IV 25d24.9%20.2%39.6%26.1%21.5%
Bid-Ask Spread %6.482.0446.473.667.59
Gamma HHI0.040.040.100.040.04
Net GEX119.4M-228.0M501.1M-30.8M70.1M
Net DEX-7.32B-13.51B273.8M-7.41B-8.50B
Net VEX-139.3M-144.0M-135.0M-138.6M-135.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.351.140.830.87
Total Volume260,158.227136,050521,332521,332213,835
Total OI2,422,107.5452,211,7532,573,7342,538,3882,406,057

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$414.71$410.0024.5%7.4%21.0%47.2%26.1%2.3%-0.6%-30.8M-7.41B-138.6M0.833.66N/AN/A284,164237,1681,335,5901,202,798
2024-08-02$407.50$410.0028.0%8.5%19.8%66.5%29.9%3.9%-0.8%-228.0M-3.73B-141.3M1.144.17N/AN/A229,658262,0251,352,1241,221,610
2024-08-05$393.62$420.0034.3%9.4%22.1%100.0%34.8%9.3%-0.5%-143.6M273.8M-140.8M0.7515.13N/AN/A170,449128,6241,240,0181,160,190
2024-08-06$401.31$415.0026.8%7.6%24.1%58.8%28.0%5.6%0.7%-110.6M-2.70B-138.2M0.786.77N/AN/A132,295103,3441,260,1971,180,561
2024-08-07$399.83$415.0028.0%8.0%23.0%65.6%28.6%6.1%-0.5%-116.8M-2.09B-141.4M0.745.09N/AN/A140,822104,2641,292,9681,199,388
2024-08-08$402.43$415.0025.9%7.4%22.8%54.0%25.9%5.4%-0.2%-83.5M-3.30B-140.5M0.735.92N/AN/A141,623102,7841,312,0861,217,024
2024-08-09$406.69$415.0023.8%6.9%23.6%42.2%23.8%4.7%0.2%181.8M-5.45B-139.5M0.703.67N/AN/A148,054103,0831,327,6221,230,991
2024-08-12$405.29$415.0023.8%6.9%23.6%42.5%24.5%4.5%0.1%-110.0M-4.04B-137.0M0.533.20N/AN/A104,82155,3011,251,8981,169,896
2024-08-13$413.36$415.0021.2%6.2%25.2%28.0%23.1%3.9%0.3%165.2M-8.14B-135.3M0.764.06N/AN/A128,39697,4481,275,3051,182,352
2024-08-14$415.92$415.0020.3%5.9%25.2%23.1%23.1%3.4%0.2%314.0M-9.22B-138.0M0.513.18N/AN/A196,72499,8781,296,9131,206,751
2024-08-15$419.78$415.0019.2%5.5%25.5%17.1%21.2%2.4%0.2%501.0M-10.22B-138.6M0.733.47N/AN/A171,302125,0381,264,0241,234,355
2024-08-16$418.55$410.0019.3%5.5%25.4%17.6%20.2%1.6%0.1%248.2M-10.18B-139.4M0.5446.47N/AN/A172,64293,0101,291,2231,234,151
2024-08-19$419.62$410.0018.9%5.4%24.6%15.7%19.6%1.7%0.2%292.6M-10.94B-137.3M0.452.83N/AN/A111,18949,9871,122,6251,089,128
2024-08-20$424.63$410.0019.4%5.6%25.1%18.1%19.7%1.7%0.1%501.1M-13.51B-139.7M0.352.28N/AN/A178,57862,4811,147,5761,102,743
2024-08-21$422.96$410.0020.1%5.7%22.4%21.9%19.9%2.1%-0.0%483.5M-12.83B-142.1M0.362.77N/AN/A145,92652,7221,179,9081,119,872
2024-08-22$415.03$410.0021.9%6.3%22.0%31.9%22.2%3.0%0.0%177.6M-8.83B-144.0M0.473.90N/AN/A203,76596,4141,217,6951,133,256
2024-08-23$415.22$410.0020.6%5.9%21.5%24.7%20.9%2.6%0.2%81.5M-8.78B-142.2M0.676.65N/AN/A196,810132,3071,237,9421,151,284
2024-08-26$412.74$410.0021.4%6.2%21.3%29.4%21.9%2.9%0.0%86.4M-7.73B-139.8M0.602.37N/AN/A86,87552,4121,193,4191,133,249
2024-08-27$413.91$410.0020.8%6.0%20.9%25.9%21.7%2.6%-0.0%130.2M-8.30B-139.2M0.852.04N/AN/A73,63662,4141,210,0841,146,852
2024-08-28$410.61$410.0022.0%6.4%20.8%32.6%22.6%3.0%-0.2%26.8M-6.78B-139.0M0.703.69N/AN/A98,92169,4861,219,9071,147,994
2024-08-29$413.75$410.0020.8%6.0%20.8%25.7%20.8%2.5%-0.0%189.2M-8.60B-137.0M0.793.75N/AN/A168,959133,8471,229,7731,156,967
2024-08-30$413.91$410.0019.8%5.6%19.8%20.4%22.3%2.8%0.1%70.1M-8.50B-135.0M0.877.59N/AN/A114,56299,2731,239,9661,166,091