MSTR Options History — June 2010

In June 2010, MSTR traded between $7.23 and $7.92. ATM implied volatility averaged 37.7%, placing in the 52.5% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 4.4% (HV 20d: 33.3%). Max pain ranged from $7.00 to $9.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.80.

Notable Days

  • 2010-06-29: Highest Volume — 34,220 contracts
  • 2010-06-09: Largest IV drop — 14.1% change
  • 2010-06-08: Highest IV Rank — 82.6%
  • 2010-06-08: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.61$7.23$7.92$7.51$7.51
Max Pain$8.23$7.00$9.00$7.00$8.00
ATM IV37.7%33.5%46.0%43.6%37.4%
Expected Move10.9%9.6%13.1%12.5%10.7%
HV 20d33.3%26.3%39.1%39.1%26.3%
HV 60d43.6%43.0%44.4%44.2%43.6%
IV Rank52.5%36.9%82.6%73.8%51.1%
IV Percentile59.6%37.7%92.9%83.3%57.1%
Term Structure8.2%1.7%12.5%1.7%12.5%
VWIV37.8%33.3%43.9%42.0%36.8%
Skew 25d5.1%3.0%7.5%6.9%3.7%
Skew 10d10.6%6.1%15.5%15.0%7.6%
Call IV 25d36.3%32.4%41.9%40.3%36.3%
Put IV 25d41.5%36.4%49.2%47.2%40.0%
Bid-Ask Spread %42.8816.4973.8968.1820.83
Gamma HHI0.190.120.500.130.32
Net GEX103.4K-78.5K458.3K56.7K303.3K
Net DEX4.3M-2.3M10.4M7.3M-2.3M
Net VEX-69.2K-102.0K-53.4K-63.8K-102.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.045.380.470.19
Total Volume4,630.90983034,2201,6506,020
Total OI175,377.273162,500205,830166,090205,830

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-06-01$7.51$7.0043.6%12.5%39.1%73.8%42.0%6.9%1.7%56.7K7.3M-63.8K0.4768.18N/AN/A1,120530126,30039,790
2010-06-02$7.61$7.0040.2%11.5%38.7%61.5%38.7%7.5%2.9%108.5K6.0M-65.3K0.6055.94N/AN/A890530126,60039,820
2010-06-03$7.75$7.0035.8%10.3%37.5%45.3%36.0%5.3%3.9%150.9K5.3M-64.1K0.1760.67N/AN/A2,160360127,16039,770
2010-06-04$7.46$9.0040.0%11.9%37.8%60.5%41.9%6.2%6.4%98.2K7.2M-62.2K0.8771.39N/AN/A1,120970128,61040,100
2010-06-07$7.32$9.0042.5%12.2%38.1%69.7%42.5%7.2%5.4%6.3K9.5M-55.4K1.0173.11N/AN/A1,7201,730128,93040,340
2010-06-08$7.23$9.0046.0%13.1%36.5%82.6%42.5%7.3%4.3%-21.2K10.2M-55.5K0.7650.44N/AN/A1,260960129,85041,170
2010-06-09$7.27$9.0039.5%11.8%35.7%58.9%43.9%6.7%6.9%-40.9K10.4M-53.4K0.7532.36N/AN/A3,7402,790130,29041,500
2010-06-10$7.50$8.5039.9%11.4%33.6%60.4%41.2%7.0%7.5%24.5K7.8M-57.5K0.5329.16N/AN/A2,0301,070132,04042,580
2010-06-11$7.57$8.5039.0%11.2%33.1%57.1%40.0%4.6%7.6%106.2K6.6M-56.9K0.3434.12N/AN/A8,4302,830132,65042,170
2010-06-14$7.58$8.5039.4%11.3%33.0%58.4%37.6%4.5%7.7%147.5K4.1M-70.0K0.5165.01N/AN/A1,500760139,09043,520
2010-06-15$7.74$8.5038.1%10.9%33.9%53.9%36.6%5.1%8.0%282.9K1.8M-70.8K5.3873.89N/AN/A130700140,00043,630
2010-06-16$7.81$8.5034.0%9.8%34.0%38.9%35.4%4.8%9.9%403.5K212.6K-70.1K0.5556.20N/AN/A740410140,06042,610
2010-06-17$7.86$8.5034.1%9.8%34.0%39.2%34.4%4.3%10.1%458.3K126.0K-67.3K0.4747.79N/AN/A1,770840140,15042,680
2010-06-18$7.85$8.5033.5%9.6%31.7%36.9%33.3%4.0%10.0%294.7K-356.6K-68.9K0.4246.15N/AN/A620260140,97042,720
2010-06-21$7.92$8.5034.2%9.8%30.9%39.4%34.2%3.0%11.5%-78.5K2.9M-66.8K0.1032.02N/AN/A11,3701,080124,23038,270
2010-06-22$7.77$8.0034.8%10.0%31.7%41.6%36.5%3.6%9.4%30.4K2.0M-81.1K0.8416.49N/AN/A1,020860133,55039,080
2010-06-23$7.77$8.0033.9%9.7%31.7%38.3%34.8%4.3%10.1%41.6K1.9M-82.3K0.7724.25N/AN/A690530134,03039,410
2010-06-24$7.57$8.0036.3%10.4%32.5%47.2%36.6%4.1%10.8%-4074.1M-78.4K1.5318.75N/AN/A8101,240134,72039,850
2010-06-25$7.60$8.0035.1%10.1%28.4%42.8%35.1%4.0%11.5%-30.8K4.4M-77.5K0.0926.27N/AN/A76070135,00040,500
2010-06-28$7.64$8.0035.1%10.1%28.0%42.9%35.1%4.3%11.7%-31.5K3.7M-76.8K1.3017.37N/AN/A540700135,67040,170
2010-06-29$7.55$8.0038.1%10.9%26.7%53.7%36.2%4.6%10.7%-34.2K1.9M-76.7K0.0422.94N/AN/A32,8101,410135,71037,180
2010-06-30$7.51$8.0037.4%10.7%26.3%51.1%36.8%3.7%12.5%303.3K-2.3M-102.0K0.1920.83N/AN/A5,050970167,79038,040