ONEQ Options History — November 2008

In November 2008, ONEQ traded between $5.16 and $6.98. ATM implied volatility averaged 83.4%, placing in the 47.3% IV rank vs the trailing year. The 30-day expected move averaged 21.0%. IV traded above realized volatility by 21.8% (HV 20d: 61.6%). Max pain ranged from $8.30 to $9.20. Net GEX was positive for 16 of 19 trading days. Term structure was in contango for 0 of 19 days.

Notable Days

  • 2008-11-13: Largest IV drop — 54.3% change
  • 2008-11-12: Highest IV Rank — 77.2%
  • 2008-11-20: Largest Expected Move — 26.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.06$5.16$6.98$6.82$5.97
Max Pain$8.79$8.30$9.20$8.30$8.90
ATM IV83.4%58.2%127.3%67.5%81.8%
Expected Move21.0%14.5%26.2%19.4%23.5%
HV 20d61.6%53.4%68.0%67.3%62.4%
HV 60d52.5%47.8%58.1%47.8%58.1%
IV Rank47.3%30.1%77.2%36.4%46.2%
IV Percentile96.6%90.9%99.6%97.6%94.8%
Term Structure-39.9%-54.4%-25.7%-27.9%-54.4%
Skew 25d-23.3%-31.3%-14.6%-19.3%-31.3%
Skew 10d-23.4%-31.3%-14.6%-19.3%-31.3%
Call IV 25d82.8%54.5%106.5%77.2%97.5%
Put IV 25d59.5%40.0%76.5%57.9%66.2%
Bid-Ask Spread %108.63105.81116.39114.09107.60
Gamma HHI0.130.080.150.150.15
Net GEX275-1.3K2.1K-92029
Net DEX1.4M1.2M1.7M1.6M1.3M
Net VEX-763-1.6K-345-1.2K-421
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI6,180.5264,8506,3506,3505,920

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-11-03$6.82$8.3067.5%19.4%67.3%36.4%0.0%-19.3%-27.9%-9201.6M-1.2K0.00114.09N/AN/A003,7402,610
2008-11-04$6.98$8.3062.7%18.0%62.8%33.2%0.0%-23.1%-27.6%-1.3K1.7M-1.3K0.00116.39N/AN/A003,7402,610
2008-11-05$6.62$8.3088.4%25.4%65.4%50.7%0.0%-14.6%-33.9%6631.6M-7730.00113.01N/AN/A003,7402,610
2008-11-06$6.35$8.3087.5%25.1%65.4%50.1%0.0%-25.8%-39.7%6331.6M-6790.00110.24N/AN/A003,7402,610
2008-11-07$6.46$8.9084.9%14.5%65.3%48.3%0.0%-17.4%-25.7%2.1K1.5M-1.6K0.00108.89N/AN/A003,7402,610
2008-11-10$6.33$9.2098.5%15.6%53.6%57.6%0.0%-19.6%-28.7%-2261.2M-1.1K0.00108.53N/AN/A002,7402,110
2008-11-11$6.25$8.90111.0%17.0%53.4%66.1%0.0%-14.8%-30.2%2.0K1.4M-1.6K0.00108.69N/AN/A003,7402,610
2008-11-12$5.91$8.90127.3%18.8%55.1%77.2%0.0%-20.3%-34.6%801.5M-5170.00107.23N/AN/A003,7402,610
2008-11-13$6.26$8.9058.2%16.7%59.7%30.1%0.0%-20.3%-31.6%1.7K1.5M-1.3K0.00108.33N/AN/A003,7402,610
2008-11-14$6.00$8.9067.5%19.4%61.3%36.4%0.0%-16.3%-35.4%961.5M-5570.00107.47N/AN/A003,7402,610
2008-11-17$5.80$8.9071.2%20.4%60.2%39.0%0.0%-25.8%-40.7%631.5M-4660.00106.94N/AN/A003,7402,610
2008-11-18$5.78$8.9072.8%20.9%58.8%40.0%0.0%-26.5%-42.1%621.5M-4500.00106.90N/AN/A003,7402,610
2008-11-19$5.50$8.9082.0%23.5%59.1%46.3%0.0%-26.1%-47.1%711.4M-4140.00106.28N/AN/A003,7402,610
2008-11-20$5.16$8.9091.3%26.2%62.3%52.6%0.0%-30.6%-53.4%641.3M-3450.00105.81N/AN/A003,7402,610
2008-11-21$5.46$8.9087.9%25.2%66.2%50.4%0.0%-23.0%-50.4%851.4M-4280.00106.80N/AN/A003,7402,610
2008-11-24$5.73$8.9081.6%23.4%68.0%46.1%0.0%-30.4%-51.1%521.3M-4170.00106.81N/AN/A003,6102,310
2008-11-25$5.74$8.9084.0%24.1%60.6%47.7%0.0%-29.2%-52.7%501.3M-4080.00106.75N/AN/A003,6102,310
2008-11-26$6.00$8.9078.5%22.5%62.7%43.9%0.0%-28.2%-50.2%431.3M-4640.00107.27N/AN/A003,6102,310
2008-11-28$5.97$8.9081.8%23.5%62.4%46.2%0.0%-31.3%-54.4%291.3M-4210.00107.60N/AN/A003,6102,310