MSTR Options History — October 2019

In October 2019, MSTR traded between $14.24 and $15.37. ATM implied volatility averaged 36.2%, placing in the 48.0% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 15.5% (HV 20d: 20.7%). Max pain ranged from $14.00 to $15.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 1.98.

Notable Days

  • 2019-10-10: Highest Volume — 1,500 contracts
  • 2019-10-30: Largest IV drop — 46.8% change
  • 2019-10-29: Highest IV Rank — 100.0%
  • 2019-10-29: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.54$14.24$15.37$14.68$15.35
Max Pain$15.07$14.00$15.50$14.00$15.00
ATM IV36.2%23.3%48.5%28.0%23.3%
Expected Move10.9%6.7%13.9%8.0%6.7%
HV 20d20.7%14.8%30.2%30.2%22.3%
HV 60d29.8%23.0%32.3%31.8%24.0%
IV Rank48.0%3.4%100.0%19.0%3.4%
IV Percentile74.1%4.0%100.0%50.8%4.0%
Term Structure-6.2%-15.1%9.1%9.1%0.4%
VWIV39.0%27.6%51.1%27.6%28.1%
Skew 25d4.0%0.0%7.9%2.4%0.0%
Skew 10d9.8%0.7%19.6%4.3%11.5%
Call IV 25d36.7%24.7%44.9%27.2%26.4%
Put IV 25d40.7%26.2%51.7%29.6%26.4%
Bid-Ask Spread %60.2128.2897.5282.8297.01
Gamma HHI0.300.250.370.280.31
Net GEX148.2K108.4K235.7K176.5K232.1K
Net DEX-2.6M-4.1M-1.7M-3.2M-4.0M
Net VEX-19.9K-22.0K-17.1K-21.9K-17.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.980.0019.402.200.32
Total Volume401.73901,500320290
Total OI12,126.5229,77014,52012,39011,930

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-10-01$14.68$14.0028.0%8.0%30.2%19.0%27.6%2.4%9.1%176.5K-3.2M-21.9K2.2082.82N/AN/A1002207,3105,080
2019-10-02$14.46$14.0029.9%8.6%25.6%25.6%31.6%2.6%8.0%146.8K-2.6M-22.0K4.4079.94N/AN/A1004407,3105,120
2019-10-03$14.55$15.5029.0%10.8%23.7%22.7%0.0%3.7%-5.5%164.1K-3.0M-21.6K1.0028.28N/AN/A20207,4105,030
2019-10-04$14.65$15.5026.9%10.7%23.3%15.4%0.0%3.6%-5.5%176.0K-3.2M-21.3K1.0031.59N/AN/A20207,4105,030
2019-10-07$14.77$15.5026.4%10.6%22.1%13.8%0.0%3.9%-5.8%172.0K-3.4M-20.9K0.0030.61N/AN/A1007,3905,050
2019-10-08$14.38$15.5029.1%11.1%24.1%22.8%0.0%3.9%-6.9%138.3K-2.4M-20.6K3.3333.15N/AN/A301007,3805,050
2019-10-09$14.46$15.5038.1%10.9%23.1%53.8%0.0%4.2%-6.1%138.6K-2.6M-19.9K0.0034.89N/AN/A4007,3805,150
2019-10-10$14.37$15.5038.6%11.1%22.9%55.3%42.0%4.2%-6.9%124.5K-2.3M-20.2K0.7434.76N/AN/A8606407,3805,150
2019-10-11$14.42$15.5037.8%10.8%21.9%52.7%38.2%3.6%-6.6%140.3K-2.5M-20.2K0.3339.76N/AN/A90308,0005,790
2019-10-14$14.39$15.0038.4%11.0%21.7%54.7%0.0%4.6%-7.5%146.3K-2.4M-19.5K0.0039.39N/AN/A0908,0605,790
2019-10-15$14.37$15.0038.3%11.0%20.7%54.3%0.0%3.9%-7.6%152.5K-2.5M-19.2K0.0040.71N/AN/A008,0605,680
2019-10-16$14.33$15.0038.6%11.1%20.6%55.3%0.0%4.2%-9.1%146.7K-2.3M-19.1K0.0075.84N/AN/A2008,0605,680
2019-10-17$14.40$15.0039.1%11.2%19.5%57.1%38.0%3.8%-6.9%146.7K-2.6M-18.9K0.0176.44N/AN/A830108,0605,680
2019-10-18$14.30$15.0038.5%11.0%18.4%54.9%39.5%3.2%-8.9%114.1K-2.4M-19.7K2.5071.72N/AN/A1403508,8305,690
2019-10-21$14.41$15.0040.5%11.6%16.8%61.7%39.7%3.6%-8.3%117.3K-2.0M-19.7K0.2076.69N/AN/A250505,5004,270
2019-10-22$14.29$15.0041.6%11.9%16.3%65.5%0.0%4.9%-9.6%108.4K-1.8M-19.3K0.0069.29N/AN/A005,6004,320
2019-10-23$14.24$15.0042.7%12.2%16.0%69.3%43.8%6.1%-9.3%110.0K-1.7M-19.2K0.6770.44N/AN/A3002005,6004,320
2019-10-24$14.43$15.0041.9%12.0%16.9%66.5%44.3%6.4%-9.8%128.1K-2.0M-20.2K0.0072.53N/AN/A0205,8704,520
2019-10-25$14.55$15.0043.7%12.5%16.4%72.8%45.6%4.4%-10.4%136.9K-2.3M-19.8K0.5770.21N/AN/A5303005,8704,540
2019-10-28$14.59$15.0046.7%13.4%15.5%95.1%48.1%5.5%-12.7%126.2K-2.2M-19.7K0.8863.74N/AN/A3403005,7604,840
2019-10-29$14.62$15.0048.5%13.9%14.8%100.0%51.1%7.9%-15.1%129.4K-2.2M-19.9K19.4067.45N/AN/A509705,9005,040
2019-10-30$15.37$15.0025.8%7.4%22.3%13.1%27.9%1.4%-1.1%235.7K-4.1M-17.4K0.1097.52N/AN/A1,3301306,0006,020
2019-10-31$15.35$15.0023.3%6.7%22.3%3.4%28.1%0.0%0.4%232.1K-4.0M-17.1K0.3297.01N/AN/A220705,9306,000