MSTR Options History — June 2019

In June 2019, MSTR traded between $13.07 and $14.91. ATM implied volatility averaged 26.5%, placing in the 20.1% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 2.0% (HV 20d: 24.5%). Max pain ranged from $13.50 to $14.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.76.

Notable Days

  • 2019-06-17: Highest Volume — 9,350 contracts
  • 2019-06-17: Largest IV spike — 19.7% change
  • 2019-06-03: Highest IV Rank — 27.5%
  • 2019-06-17: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.88$13.07$14.91$13.07$14.18
Max Pain$13.93$13.50$14.00$13.50$14.00
ATM IV26.5%23.7%29.2%28.3%26.5%
Expected Move7.6%6.8%8.4%8.1%7.6%
HV 20d24.5%16.7%34.4%16.7%34.0%
HV 60d24.6%22.5%27.5%23.3%27.2%
IV Rank20.1%12.1%27.5%27.5%18.9%
IV Percentile48.7%25.4%62.7%58.7%49.6%
Term Structure3.7%-2.1%10.0%-2.1%10.0%
VWIV26.1%22.8%30.6%22.8%27.0%
Skew 25d2.1%0.5%3.4%3.4%1.0%
Skew 10d3.5%0.8%6.7%6.7%2.4%
Call IV 25d25.7%22.8%28.6%26.9%26.8%
Put IV 25d27.8%25.2%30.9%30.3%27.7%
Bid-Ask Spread %76.2769.1182.6077.9378.39
Gamma HHI0.480.160.710.700.18
Net GEX-86.5K-299.8K413.1K-236.5K63.5K
Net DEX1.9M-3.3M5.7M5.7M-669.7K
Net VEX-12.5K-16.7K-8.5K-14.1K-8.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.003.110.000.04
Total Volume2,5971009,3501001,620
Total OI10,292.57,46011,28010,6409,050

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$13.07$13.5028.3%8.1%16.7%27.5%0.0%3.4%-2.1%-236.5K5.7M-14.1K0.0077.93N/AN/A10003,1207,520
2019-06-04$13.34$13.5025.7%7.4%18.7%19.4%0.0%3.2%-1.0%-264.7K5.0M-15.4K0.0082.06N/AN/A10003,2107,520
2019-06-05$13.44$13.5024.9%7.1%17.8%16.9%22.8%3.1%-0.0%-274.7K4.8M-15.8K0.5382.60N/AN/A3001603,2107,520
2019-06-06$13.46$14.0024.7%7.0%17.8%16.1%24.0%2.2%3.0%-282.0K4.7M-16.1K0.5275.27N/AN/A3101603,3307,580
2019-06-07$13.70$14.0023.7%6.8%19.0%13.2%23.1%2.3%3.6%-299.8K3.9M-16.7K0.3176.74N/AN/A5101603,3407,580
2019-06-10$13.63$14.0025.7%6.9%18.9%19.4%23.5%1.9%3.3%-296.6K4.1M-15.9K0.0075.18N/AN/A19003,5307,580
2019-06-11$13.44$14.0025.6%7.1%17.2%18.9%23.7%2.7%2.7%-279.8K4.8M-14.8K0.0077.66N/AN/A17003,6707,580
2019-06-12$13.28$14.0024.7%7.1%17.3%16.2%24.5%2.8%2.8%-263.1K5.4M-13.9K0.1875.35N/AN/A280503,7007,580
2019-06-13$13.21$14.0025.3%7.2%17.3%14.9%24.1%2.5%2.9%-267.4K5.7M-13.1K0.1778.11N/AN/A290503,6807,590
2019-06-14$13.37$14.0024.4%7.0%17.4%12.1%23.2%2.8%3.1%-287.4K5.2M-13.4K0.1378.81N/AN/A380503,6707,590
2019-06-17$14.19$14.0029.2%8.4%27.5%27.5%29.1%2.3%1.3%-219.3K1.8M-15.6K1.6471.24N/AN/A3,5405,8103,6707,590
2019-06-18$14.58$14.0028.1%8.0%28.9%23.9%28.5%1.1%2.2%99.7K-1.6M-11.4K2.8669.11N/AN/A2,0305,8106,1304,370
2019-06-19$14.78$14.0026.7%7.7%29.1%19.7%28.0%0.9%2.9%193.7K-2.5M-10.3K2.8570.76N/AN/A2,0405,8106,1503,840
2019-06-20$14.82$14.0027.7%7.9%28.9%22.9%27.6%0.5%2.2%264.7K-2.9M-10.3K3.1169.69N/AN/A1,8705,8106,3503,840
2019-06-21$14.91$14.0027.6%7.9%27.4%22.4%30.6%3.2%2.4%413.1K-3.3M-10.3K2.7077.22N/AN/A2,1505,8106,4103,840
2019-06-24$14.19$14.0027.6%7.9%33.6%22.4%27.3%1.3%9.1%58.4K-679.3K-8.8K0.0175.01N/AN/A1,560104,7302,730
2019-06-25$13.97$14.0028.1%8.0%34.2%23.9%27.9%1.1%8.0%50.9K-371.4K-8.8K0.0179.07N/AN/A1,560106,2702,730
2019-06-26$13.88$14.0027.7%8.0%34.1%22.9%27.8%1.4%8.3%41.7K-214.5K-8.5K0.0478.90N/AN/A1,560606,2702,730
2019-06-27$14.09$14.0027.5%7.9%34.4%22.0%26.8%1.7%9.2%55.2K-492.9K-8.8K0.0476.30N/AN/A1,560606,2702,780
2019-06-28$14.18$14.0026.5%7.6%34.0%18.9%27.0%1.0%10.0%63.5K-669.7K-8.7K0.0478.39N/AN/A1,560606,2702,780