OPEN Options History — June 2021

In June 2021, OPEN traded between $15.24 and $17.97. ATM implied volatility averaged 74.3%, placing in the 56.1% IV rank vs the trailing year. The 30-day expected move averaged 20.9%. IV traded above realized volatility by 12.5% (HV 20d: 61.8%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.21.

Notable Days

  • 2021-06-08: Highest Volume — 98,245 contracts
  • 2021-06-08: Largest IV spike — 11.7% change
  • 2021-06-08: Highest IV Rank — 75.7%
  • 2021-06-09: Largest Expected Move — 25.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.88$15.24$17.97$15.24$17.69
Max Pain$16.14$15.00$17.50$17.50$17.00
ATM IV74.3%63.8%98.8%76.5%65.7%
Expected Move20.9%18.3%25.2%21.9%18.8%
HV 20d61.8%45.6%88.6%84.2%45.6%
HV 60d80.2%74.8%89.5%89.5%74.8%
IV Rank56.1%47.6%75.7%57.8%49.2%
IV Percentile75.4%68.3%97.2%77.8%69.0%
Term Structure4.0%-3.5%9.2%-0.7%9.2%
VWIV76.0%64.4%94.9%80.9%66.3%
Skew 25d-7.4%-15.0%-1.9%-7.6%-5.9%
Skew 10d-13.3%-28.4%-1.1%-13.0%-9.1%
Call IV 25d79.0%66.4%97.6%83.2%70.3%
Put IV 25d71.6%63.3%82.6%75.5%64.4%
Bid-Ask Spread %14.014.7436.264.748.92
Gamma HHI0.120.080.170.100.16
Net GEX1.9M680.8K2.9M680.8K2.9M
Net DEX-54.3M-100.6M3.0M3.0M-100.6M
Net VEX-739.5K-827.3K-616.3K-616.3K-820.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.080.670.220.12
Total Volume25,735.40910,43298,24515,05812,857
Total OI294,780.5227,548355,029260,527280,349

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-06-01$15.24$17.5076.5%21.9%84.2%57.8%80.9%-7.6%-0.7%680.8K3.0M-616.3K0.224.7412,3442,714171,26389,264
2021-06-02$16.31$17.5080.9%23.2%88.5%61.3%85.2%-5.0%-2.7%985.5K-24.6M-698.1K0.2436.2639,0439,340177,87590,830
2021-06-03$16.30$15.0081.7%22.3%88.6%62.0%84.0%-7.8%2.2%1.1M-27.8M-718.8K0.1628.7221,6643,506188,47498,007
2021-06-04$16.39$15.0081.1%22.0%86.1%61.5%78.8%-6.4%3.5%1.2M-27.7M-726.3K0.109.9511,4041,186194,168100,312
2021-06-07$16.82$15.0088.4%22.8%84.0%67.4%82.1%-9.1%1.3%1.3M-40.0M-731.1K0.1315.8830,6204,108195,394101,396
2021-06-08$17.97$15.0098.8%24.1%76.1%75.7%86.9%-11.1%-1.9%1.7M-83.6M-809.0K0.1812.5183,26314,982200,751103,194
2021-06-09$17.61$15.0087.8%25.2%75.4%66.9%94.9%-15.0%-3.5%2.5M-89.5M-827.3K0.1425.4541,4875,901231,683101,037
2021-06-10$17.20$16.0079.4%22.8%60.5%60.1%81.9%-9.3%1.7%2.5M-63.0M-785.3K0.119.0122,6562,591234,682102,996
2021-06-11$17.19$16.0073.4%21.0%54.1%55.3%75.2%-7.4%4.5%2.5M-56.2M-761.5K0.6720.297,5945,111231,531103,411
2021-06-14$17.20$16.0074.2%21.3%51.9%56.0%79.3%-9.7%5.4%2.7M-51.8M-730.3K0.1810.1518,7773,393232,552106,019
2021-06-15$16.27$16.0070.4%20.2%56.2%53.0%75.5%-9.8%5.5%2.1M-19.1M-688.7K0.1512.0517,2272,581238,573108,044
2021-06-16$16.60$16.0072.5%20.8%56.4%54.6%75.0%-8.9%4.5%2.5M-29.3M-702.4K0.2512.8514,3883,567240,715108,651
2021-06-17$16.84$16.0071.6%20.5%51.0%53.9%73.5%-7.1%4.1%2.9M-45.0M-721.9K0.3516.627,7172,715247,624106,432
2021-06-18$16.31$16.0069.7%20.0%51.2%52.4%74.1%-9.7%6.2%1.0M-30.5M-683.3K0.2112.7914,7683,108248,886106,143
2021-06-21$16.32$16.0070.0%20.1%51.1%52.6%73.0%-7.9%5.8%1.2M-54.9M-688.2K0.328.7514,7394,649166,06661,482
2021-06-22$16.49$16.0066.7%19.1%51.2%50.0%71.1%-6.8%6.8%1.4M-57.9M-719.1K0.1213.6110,8811,352174,13865,339
2021-06-23$17.11$17.0065.1%18.7%51.3%48.7%66.7%-1.9%7.9%1.8M-71.3M-746.8K0.2611.6817,0254,502178,01765,987
2021-06-24$17.16$16.0064.1%18.4%47.7%47.9%64.4%-3.1%7.5%2.0M-74.1M-766.9K0.248.8311,9712,922184,83268,102
2021-06-25$17.02$17.0063.8%18.3%47.9%47.6%65.8%-4.7%7.6%2.0M-72.9M-764.0K0.0811.5020,4561,550189,32569,520
2021-06-28$17.93$17.0068.3%19.6%50.7%51.3%69.1%-3.5%4.8%2.6M-93.8M-785.4K0.159.8723,5683,550187,71270,254
2021-06-29$17.43$17.0065.5%18.8%50.9%49.0%67.4%-4.6%8.7%2.5M-83.5M-777.2K0.147.7624,9053,497193,74770,394
2021-06-30$17.69$17.0065.7%18.8%45.6%49.2%66.3%-5.9%9.2%2.9M-100.6M-820.7K0.128.9211,4421,415209,21971,130