MSTR Options History — June 2018

In June 2018, MSTR traded between $12.54 and $13.55. ATM implied volatility averaged 24.2%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 8.3% (HV 20d: 15.9%). Max pain ranged from $13.00 to $13.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.69.

Notable Days

  • 2018-06-06: Highest Volume — 6,400 contracts
  • 2018-06-12: Largest IV drop — 34.0% change
  • 2018-06-11: Highest IV Rank — 29.2%
  • 2018-06-28: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.14$12.54$13.55$13.03$12.75
Max Pain$13.00$13.00$13.00$13.00$13.00
ATM IV24.2%19.5%29.5%22.8%24.9%
Expected Move6.7%6.2%7.6%6.5%7.1%
HV 20d15.9%13.5%20.8%14.2%20.8%
HV 60d18.8%18.4%20.1%18.7%20.0%
IV Rank14.0%0.0%29.2%9.0%16.2%
IV Percentile27.3%0.0%69.0%8.3%29.4%
Term Structure6.7%0.4%12.6%0.4%7.7%
VWIV23.6%21.1%27.6%22.4%25.7%
Skew 25d3.2%1.2%5.0%2.6%3.0%
Skew 10d6.7%0.2%13.1%11.1%12.8%
Call IV 25d22.6%19.7%25.8%22.1%24.5%
Put IV 25d25.7%23.3%29.6%24.7%27.5%
Bid-Ask Spread %83.1768.4192.7392.6389.22
Gamma HHI0.520.320.650.650.60
Net GEX-280.6K-419.8K14.9K-407.3K-360.1K
Net DEX1.5M-429.5K3.5M2.5M3.1M
Net VEX-18.8K-21.8K-15.3K-21.8K-17.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.251.241.240.72
Total Volume4,339.0483,0606,4006,0403,310
Total OI16,288.09513,79017,16015,74017,160

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-06-01$13.03$13.0022.8%6.5%14.2%9.0%22.4%2.6%0.4%-407.3K2.5M-21.8K1.2492.63N/AN/A2,7003,3404,51011,230
2018-06-04$13.13$13.0025.5%6.8%14.3%17.3%23.9%2.4%4.0%-392.6K2.1M-20.8K1.2480.73N/AN/A2,7103,3604,54011,250
2018-06-05$13.14$13.0025.1%6.6%14.2%16.0%23.2%3.4%5.2%-381.0K2.1M-20.8K1.1176.18N/AN/A3,0303,3604,57011,270
2018-06-06$13.18$13.0025.7%6.8%14.2%17.7%23.8%5.0%4.5%-342.8K1.9M-20.9K1.1184.16N/AN/A3,0303,3704,91011,270
2018-06-07$13.02$13.0026.5%6.7%14.9%20.0%23.6%3.2%5.4%-419.8K2.4M-21.1K1.2079.59N/AN/A2,8003,3704,91011,280
2018-06-08$13.05$13.0025.1%6.4%14.8%16.0%22.7%2.9%5.6%-411.0K2.1M-20.4K1.2078.77N/AN/A2,8003,3705,02011,290
2018-06-11$13.11$13.0029.5%6.7%14.8%29.2%22.6%3.1%3.9%-384.2K1.9M-19.3K0.4570.89N/AN/A2,2401,0105,02011,290
2018-06-12$13.27$13.0019.5%6.2%14.1%0.0%21.6%1.6%6.0%-279.9K1.2M-18.7K0.4778.08N/AN/A2,2401,0505,05011,380
2018-06-13$13.23$13.0022.3%6.4%14.1%8.5%21.6%3.5%6.3%-332.8K1.1M-18.0K0.5390.54N/AN/A2,0001,0605,05011,440
2018-06-14$13.28$13.0021.7%6.2%13.5%6.5%21.1%3.0%5.5%-227.2K728.3K-17.3K0.4268.41N/AN/A2,5001,0405,15011,450
2018-06-15$13.52$13.0021.6%6.2%14.7%6.2%21.7%3.7%4.7%14.9K123.6K-17.3K0.4488.73N/AN/A2,6101,1505,32011,540
2018-06-18$13.55$13.0021.8%6.2%14.4%6.9%21.9%1.5%10.4%-127.8K-220.7K-15.3K0.2583.52N/AN/A4,2401,0504,3609,430
2018-06-19$13.55$13.0023.4%6.7%14.2%11.7%22.6%3.5%7.7%-68.2K-393.8K-17.0K0.3479.77N/AN/A3,2401,0906,4209,430
2018-06-20$13.55$13.0022.0%6.3%14.1%7.5%21.7%3.2%8.8%-68.8K-429.5K-16.5K0.4779.04N/AN/A2,3101,0906,7609,460
2018-06-21$13.22$13.0024.2%6.9%17.1%14.2%24.1%4.0%12.6%-153.0K433.7K-19.3K0.4787.27N/AN/A2,3201,0906,9609,460
2018-06-22$13.18$13.0024.1%6.9%17.0%13.9%24.3%1.2%7.6%-188.9K733.2K-18.2K0.5489.32N/AN/A2,2701,2206,8909,460
2018-06-25$12.87$13.0026.2%7.5%19.0%20.2%27.6%4.4%6.6%-298.1K2.3M-18.6K0.5485.77N/AN/A2,2801,2307,0909,590
2018-06-26$12.95$13.0024.1%6.9%18.9%13.9%26.0%4.8%8.8%-288.2K1.9M-18.6K0.5288.27N/AN/A2,3501,2307,1909,610
2018-06-27$12.54$13.0026.4%7.6%20.6%20.7%26.9%3.3%11.3%-396.5K3.5M-18.3K0.6592.73N/AN/A2,0101,3107,2809,610
2018-06-28$12.73$13.0026.7%7.6%20.8%21.5%26.3%3.0%8.5%-380.0K3.1M-18.2K0.6582.95N/AN/A2,0301,3107,4609,690
2018-06-29$12.75$13.0024.9%7.1%20.8%16.2%25.7%3.0%7.7%-360.1K3.1M-17.8K0.7289.22N/AN/A1,9201,3907,4609,700