MSTR Options History — June 2017

In June 2017, MSTR traded between $17.95 and $19.20. ATM implied volatility averaged 25.2%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 6.2% (HV 20d: 19.1%). Max pain ranged from $18.00 to $18.50. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 1.54.

Notable Days

  • 2017-06-13: Highest Volume — 5,900 contracts
  • 2017-06-12: Largest IV spike — 56.7% change
  • 2017-06-13: Highest IV Rank — 74.4%
  • 2017-06-12: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.47$17.95$19.20$18.51$19.20
Max Pain$18.30$18.00$18.50$18.50$18.00
ATM IV25.2%19.8%42.5%24.8%19.8%
Expected Move6.6%5.7%7.5%7.1%5.7%
HV 20d19.1%16.3%20.8%16.3%18.4%
HV 60d16.3%15.5%17.2%15.5%16.7%
IV Rank16.3%0.0%74.4%14.9%0.0%
IV Percentile26.4%0.0%88.5%31.0%0.0%
Term Structure6.0%-3.3%10.7%-3.3%10.7%
VWIV23.4%18.5%26.0%25.3%18.5%
Skew 25d3.1%1.1%4.7%3.3%2.5%
Skew 10d6.8%0.1%14.4%12.0%2.5%
Call IV 25d22.2%18.3%24.1%24.1%18.3%
Put IV 25d25.2%20.8%28.7%27.4%20.8%
Bid-Ask Spread %88.8985.3296.4390.2185.32
Gamma HHI0.220.130.390.230.31
Net GEX93.2K-75.3K289.4K47.5K245.2K
Net DEX-534.5K-2.6M1.1M-365.4K-2.6M
Net VEX-12.7K-18.0K-9.2K-18.0K-13.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.540.812.151.291.77
Total Volume4,937.7273,8505,9005,5904,050
Total OI10,2106,83012,75011,5809,170

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-06-01$18.51$18.5024.8%7.1%16.3%14.9%25.3%3.3%-3.3%47.5K-365.4K-18.0K1.2990.21N/AN/A2,4403,1505,4906,090
2017-06-02$18.86$18.0022.0%6.3%17.2%5.4%21.7%3.2%0.5%169.5K-2.6M-16.2K1.2091.35N/AN/A2,4402,9305,9906,070
2017-06-05$18.46$18.5026.0%6.5%18.8%18.8%21.9%4.0%4.1%114.4K-1.0M-15.4K1.2487.08N/AN/A2,4503,0406,0605,970
2017-06-06$18.35$18.5025.6%6.6%18.3%17.5%22.6%2.7%4.0%100.4K-604.1K-15.6K1.2486.04N/AN/A2,4503,0406,0706,070
2017-06-07$18.29$18.5025.7%6.4%16.5%17.9%23.1%2.8%4.9%111.2K-197.5K-15.6K1.2885.71N/AN/A2,3703,0406,0706,070
2017-06-08$18.52$18.5026.2%6.5%17.2%19.4%22.6%3.7%4.8%163.4K-1.3M-14.1K1.2885.52N/AN/A2,3703,0406,0606,070
2017-06-09$17.95$18.5025.9%6.8%20.4%18.4%24.1%1.4%3.6%-16.3K1.0M-13.8K1.4587.40N/AN/A2,3703,4406,0606,070
2017-06-12$18.07$18.5040.5%7.5%20.6%68.0%26.0%4.7%1.2%-75.3K1.1M-13.7K1.4589.75N/AN/A2,3703,4406,0606,570
2017-06-13$18.23$18.5042.5%7.3%20.7%74.4%24.6%4.0%2.5%25.9K145.5K-13.0K1.4085.61N/AN/A2,4603,4406,0606,570
2017-06-14$18.32$18.5022.7%6.5%20.8%7.7%25.6%3.7%5.7%78.6K-624.2K-11.9K2.1587.21N/AN/A1,6003,4406,1106,550
2017-06-15$18.26$18.5022.6%6.5%20.2%7.3%23.3%3.6%4.2%289.4K-68.7K-11.3K2.1585.92N/AN/A1,6003,4406,2006,550
2017-06-16$18.32$18.5022.3%6.4%20.2%6.5%25.4%3.5%6.1%64.6K-447.3K-10.3K2.1586.04N/AN/A1,6003,4406,2006,340
2017-06-19$18.26$18.5022.4%6.4%20.2%6.5%23.7%3.7%8.7%52.4K-19.9K-9.2K1.5289.08N/AN/A1,5302,3203,8902,940
2017-06-20$18.33$18.5022.3%6.4%20.1%6.4%23.4%2.9%8.7%62.4K-77.2K-10.0K1.7186.81N/AN/A1,5302,6104,0902,940
2017-06-21$18.46$18.0022.2%6.4%19.1%6.0%24.0%2.7%9.9%58.5K-208.4K-10.6K1.9385.98N/AN/A1,4402,7804,1903,140
2017-06-22$18.47$18.0023.4%6.7%19.1%10.1%23.4%2.9%8.6%55.9K-222.0K-10.7K1.8391.14N/AN/A1,3602,4904,2103,270
2017-06-23$18.61$18.0023.4%6.7%19.2%9.9%23.1%1.1%8.5%77.7K-527.2K-10.7K1.7291.13N/AN/A1,4502,5004,2103,270
2017-06-26$18.47$18.0023.6%6.8%19.1%10.7%23.7%3.0%8.9%71.6K-313.5K-11.1K1.7192.22N/AN/A1,4602,5004,3203,280
2017-06-27$18.52$18.0023.6%6.8%18.5%10.7%23.5%2.0%9.8%59.7K-219.4K-10.6K1.7194.11N/AN/A1,4602,5004,2703,280
2017-06-28$18.85$18.0023.9%6.9%19.5%11.8%22.1%3.0%9.1%90.6K-695.9K-10.4K0.8196.43N/AN/A3,0802,5004,2703,280
2017-06-29$18.92$18.0023.8%6.8%18.8%11.4%23.7%3.2%9.8%202.4K-2.0M-14.7K0.8495.48N/AN/A3,0802,5905,9003,280
2017-06-30$19.20$18.0019.8%5.7%18.4%0.0%18.5%2.5%10.7%245.2K-2.6M-13.4K1.7785.32N/AN/A1,4602,5905,9003,270