MSFT Options History — November 2024

In November 2024, MSFT traded between $407.80 and $428.67. ATM implied volatility averaged 19.2%, placing in the 17.0% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded below realized volatility by 7.8% (HV 20d: 27.0%). Max pain ranged from $405.00 to $415.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.56.

Notable Days

  • 2024-11-01: Highest Volume — 444,050 contracts
  • 2024-11-06: Largest IV drop — 16.5% change
  • 2024-11-01: Highest IV Rank — 38.8%
  • 2024-11-01: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$418.86$407.80$428.67$411.22$424.13
Max Pain$414.50$405.00$415.00$405.00$415.00
ATM IV19.2%16.6%23.1%23.1%16.6%
Expected Move5.6%4.9%7.0%7.0%4.9%
HV 20d27.0%19.6%29.4%26.4%19.6%
HV 60d20.4%19.8%21.2%19.8%21.2%
IV Rank17.0%2.9%38.8%38.8%3.1%
IV Percentile23.7%0.4%58.7%58.7%1.2%
Term Structure0.1%-0.4%0.5%-0.1%0.1%
VWIV19.8%17.5%24.5%24.5%17.5%
Skew 25d1.8%0.9%3.1%3.0%1.6%
Skew 10d4.6%2.3%6.9%6.6%3.2%
Call IV 25d18.5%16.1%21.8%21.8%16.1%
Put IV 25d20.4%17.6%24.8%24.8%17.7%
Bid-Ask Spread %3.091.6611.931.832.83
Gamma HHI0.050.040.100.040.10
Net GEX579.8M137.2M1.11B214.9M948.5M
Net DEX-12.61B-18.73B-6.27B-7.57B-15.46B
Net VEX-132.9M-135.4M-129.5M-133.0M-129.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.410.770.760.60
Total Volume286,301.55176,843444,050444,050224,833
Total OI2,547,152.32,392,3382,710,7412,640,3182,517,315

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$411.22$405.0023.1%7.0%26.4%38.8%24.5%3.0%-0.1%214.9M-7.57B-133.0M0.761.83N/AN/A252,116191,9341,472,7761,167,542
2024-11-04$407.80$415.0022.9%6.6%25.8%37.2%23.4%2.9%-0.1%137.2M-6.27B-130.0M0.532.01N/AN/A140,31774,3471,347,2491,103,370
2024-11-05$411.46$415.0022.2%6.4%25.6%33.5%21.8%2.8%-0.1%266.9M-8.18B-132.8M0.431.92N/AN/A136,75958,1381,376,9051,129,737
2024-11-06$419.65$415.0018.5%5.5%26.4%13.5%19.9%1.5%0.2%698.7M-13.26B-130.4M0.452.09N/AN/A266,223120,8611,405,8411,137,268
2024-11-07$426.27$415.0017.4%5.2%26.9%7.4%18.8%1.1%0.4%999.0M-18.16B-134.4M0.532.28N/AN/A233,313123,9181,441,5401,151,099
2024-11-08$422.85$415.0017.3%5.2%27.1%7.0%18.7%1.0%0.4%867.2M-15.52B-133.2M0.604.59N/AN/A197,433117,7481,469,4591,166,403
2024-11-11$417.94$415.0018.7%5.5%27.2%14.4%19.5%1.1%0.4%457.8M-12.32B-132.4M0.622.40N/AN/A153,92595,7081,428,2841,129,980
2024-11-12$423.44$415.0018.7%5.5%27.5%14.5%19.8%0.9%0.4%715.5M-15.91B-134.0M0.483.49N/AN/A158,97376,9161,459,7581,160,859
2024-11-13$425.45$415.0018.5%5.4%27.5%13.4%19.4%0.9%0.5%846.5M-17.24B-135.4M0.525.25N/AN/A259,956136,1481,476,6261,180,969
2024-11-14$426.31$415.0018.8%5.5%27.4%15.0%19.4%1.0%0.2%864.5M-17.57B-134.9M0.635.04N/AN/A226,255141,4901,494,7741,194,679
2024-11-15$414.38$415.0020.8%6.0%29.4%26.1%21.4%2.2%0.2%185.3M-9.14B-134.2M0.7711.93N/AN/A218,135166,8871,508,8421,201,899
2024-11-18$415.99$415.0019.9%5.7%29.4%20.8%20.0%1.7%-0.3%312.8M-9.77B-132.8M0.421.81N/AN/A124,19552,6481,322,1671,070,171
2024-11-19$416.97$415.0019.6%5.6%27.4%19.4%19.8%2.0%-0.3%385.5M-10.43B-132.9M0.451.76N/AN/A149,18967,1721,350,0751,086,357
2024-11-20$415.18$415.0021.0%6.0%27.2%27.0%20.9%2.4%-0.4%338.2M-9.77B-134.6M0.451.93N/AN/A172,52778,4741,384,8921,105,317
2024-11-21$413.84$415.0019.9%5.7%27.3%20.9%19.2%3.1%-0.4%373.8M-9.64B-134.3M0.412.55N/AN/A236,44596,3911,423,2271,126,635
2024-11-22$414.48$415.0018.6%5.3%27.1%13.7%18.9%2.6%-0.3%556.0M-10.22B-133.4M0.622.53N/AN/A142,59388,1521,412,3371,130,267
2024-11-25$417.00$415.0017.7%5.1%27.2%9.1%18.5%1.8%0.3%499.1M-11.74B-131.0M0.601.66N/AN/A125,39074,9791,343,1501,084,610
2024-11-26$428.67$415.0016.6%4.9%28.6%2.9%17.9%1.5%0.2%1.11B-18.73B-132.5M0.611.80N/AN/A225,193138,2791,367,4371,107,690
2024-11-27$424.20$415.0016.6%4.9%28.7%3.1%17.6%1.7%0.2%820.1M-15.38B-132.5M0.742.14N/AN/A104,54477,5271,376,7171,128,823
2024-11-29$424.13$415.0016.6%4.9%19.6%3.1%17.5%1.6%0.1%948.5M-15.46B-129.5M0.602.83N/AN/A140,09984,7341,385,9401,131,375