MSTR Options History — October 2017

In October 2017, MSTR traded between $12.88 and $14.08. ATM implied volatility averaged 33.6%, placing in the 45.6% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 19.3% (HV 20d: 14.3%). Max pain ranged from $13.00 to $13.50. Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.85.

Notable Days

  • 2017-10-26: Highest Volume — 9,280 contracts
  • 2017-10-27: Largest IV drop — 49.2% change
  • 2017-10-26: Highest IV Rank — 97.9%
  • 2017-10-26: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.44$12.88$14.08$12.88$13.30
Max Pain$13.20$13.00$13.50$13.50$13.50
ATM IV33.6%24.4%49.4%25.4%26.6%
Expected Move10.2%7.1%14.2%7.3%7.6%
HV 20d14.3%8.4%19.6%18.0%19.6%
HV 60d48.6%15.8%63.7%63.6%17.2%
IV Rank45.6%15.1%97.9%18.5%22.3%
IV Percentile72.2%36.1%99.6%52.8%67.9%
Term Structure-4.9%-13.4%11.3%11.3%-1.1%
VWIV35.3%22.5%48.7%26.9%27.8%
Skew 25d3.4%1.8%4.7%1.8%1.9%
Skew 10d6.3%3.7%9.1%4.0%4.0%
Call IV 25d33.9%23.3%45.7%25.1%26.7%
Put IV 25d37.3%25.6%50.4%26.9%28.6%
Bid-Ask Spread %38.679.1292.5492.5466.90
Gamma HHI0.180.140.240.200.16
Net GEX-133.5K-406.2K123.1K-406.2K-244.4K
Net DEX2.2M-1.7M6.3M6.3M2.9M
Net VEX-49.9K-61.4K-41.8K-61.4K-42.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.361.581.330.56
Total Volume6,606.3644,1409,2805,8308,900
Total OI45,375.45540,07049,16043,83048,360

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-10-02$12.88$13.5025.4%7.3%18.0%18.5%26.9%1.8%11.3%-406.2K6.3M-61.4K1.3392.54N/AN/A2,5003,33010,46033,370
2017-10-03$12.92$13.5025.0%7.2%18.0%17.3%24.2%2.1%10.8%-392.5K5.6M-57.6K0.9212.45N/AN/A3,4603,18010,58033,450
2017-10-04$13.10$13.5024.6%7.1%18.6%15.8%22.5%2.3%10.4%-288.2K4.4M-54.3K0.949.12N/AN/A3,3403,13011,52033,480
2017-10-05$13.12$13.0024.5%10.1%18.6%15.6%34.4%3.4%-5.9%-259.0K4.0M-55.1K0.9423.68N/AN/A3,3503,14012,09033,490
2017-10-06$13.14$13.0024.4%10.3%18.6%15.1%35.1%2.9%-6.4%-248.4K3.9M-54.9K0.9315.06N/AN/A3,3803,16012,13033,520
2017-10-09$13.21$13.0025.2%10.3%18.6%17.9%35.4%3.4%-6.1%-187.8K3.3M-53.1K0.8719.63N/AN/A3,6303,16012,13033,540
2017-10-10$13.20$13.0025.7%10.5%18.6%19.3%36.0%3.6%-6.7%-179.5K3.3M-53.0K0.7718.58N/AN/A3,4302,64012,38033,540
2017-10-11$13.21$13.0037.9%10.9%15.9%59.7%36.9%4.0%-7.8%-164.0K3.3M-52.6K0.8524.28N/AN/A3,1102,64012,47033,580
2017-10-12$13.31$13.0036.7%10.5%15.0%55.8%36.8%4.0%-7.5%-89.9K2.6M-49.2K0.8640.40N/AN/A3,0902,65012,57033,580
2017-10-13$13.51$13.0037.3%10.7%12.2%58.0%37.7%3.3%-7.9%48.5K1.2M-46.6K0.9140.38N/AN/A3,1802,90012,58033,600
2017-10-16$13.57$13.0038.9%11.1%11.3%63.0%38.9%4.1%-9.4%105.4K795.2K-45.0K0.9943.50N/AN/A2,7202,68012,50033,650
2017-10-17$13.57$13.0039.0%11.2%11.3%63.4%38.0%3.5%-9.9%82.9K872.0K-44.2K0.8845.79N/AN/A3,0602,68012,45033,680
2017-10-18$13.61$13.0039.4%11.3%11.0%64.6%38.5%4.3%-9.7%59.4K665.2K-44.1K0.9144.49N/AN/A2,9402,68012,42033,680
2017-10-19$13.53$13.0039.6%11.4%10.9%65.5%39.1%4.0%-9.5%123.1K1.1M-44.2K1.5841.64N/AN/A3,1304,93012,52033,680
2017-10-20$13.70$13.0040.1%11.5%11.3%66.9%39.2%3.7%-10.3%-171.8K667.2K-46.4K1.0541.22N/AN/A4,1004,30012,54036,000
2017-10-23$13.68$13.0042.3%12.1%10.7%74.4%42.0%4.4%-8.7%-194.6K1.5M-50.1K0.6840.96N/AN/A2,4601,6808,51031,560
2017-10-24$13.70$13.5042.7%12.3%10.8%75.8%42.6%4.0%-8.5%-196.0K1.4M-51.6K0.7444.75N/AN/A2,4401,8108,99032,050
2017-10-25$13.77$13.5043.0%12.3%8.4%76.7%43.2%4.4%-8.7%-191.5K1.3M-51.8K0.4040.71N/AN/A4,0501,6409,09032,470
2017-10-26$14.06$13.5049.4%14.2%10.3%97.9%48.7%4.7%-13.4%-99.5K-256.7K-54.6K0.3637.29N/AN/A6,8102,47010,54032,660
2017-10-27$14.08$13.5025.1%7.2%10.2%17.4%25.6%2.4%-1.3%84.7K-1.7M-41.8K0.5041.41N/AN/A5,4502,73014,00033,690
2017-10-30$13.57$13.5026.6%7.6%17.8%22.6%26.5%2.3%-1.8%-128.0K1.3M-42.4K0.6466.08N/AN/A5,6703,61014,37034,790
2017-10-31$13.30$13.5026.6%7.6%19.6%22.3%27.8%1.9%-1.1%-244.4K2.9M-42.8K0.5666.90N/AN/A5,7203,18014,13034,230