OPEN Options History — June 2022

In June 2022, OPEN traded between $4.32 and $8.00. ATM implied volatility averaged 103.0%, placing in the 54.5% IV rank vs the trailing year. The 30-day expected move averaged 29.6%. IV traded below realized volatility by 27.5% (HV 20d: 130.5%). Max pain ranged from $6.00 to $8.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.91.

Notable Days

  • 2022-06-13: Highest Volume — 54,503 contracts
  • 2022-06-13: Largest IV spike — 12.4% change
  • 2022-06-16: Highest IV Rank — 75.4%
  • 2022-06-16: Largest Expected Move — 34.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.81$4.32$8.00$7.05$4.70
Max Pain$6.57$6.00$8.00$8.00$6.00
ATM IV103.0%87.9%120.1%97.3%108.6%
Expected Move29.6%26.6%34.8%28.3%30.6%
HV 20d130.5%117.6%139.7%133.9%130.9%
HV 60d116.0%110.8%121.1%111.3%118.4%
IV Rank54.5%36.0%75.4%47.5%61.3%
IV Percentile73.2%60.7%91.7%66.7%78.6%
Term Structure0.2%-6.3%5.5%-2.3%2.1%
VWIV103.2%92.6%119.1%98.4%106.0%
Skew 25d9.6%5.1%21.1%10.5%12.3%
Skew 10d17.4%4.1%35.9%22.1%15.4%
Call IV 25d99.6%85.7%116.2%91.8%98.2%
Put IV 25d109.2%94.3%126.9%102.4%110.5%
Bid-Ask Spread %12.712.3640.912.5710.00
Gamma HHI0.150.130.180.130.15
Net GEX715.8K283.4K1.6M989.9K447.1K
Net DEX-13.8M-83.0M27.1M-39.3M5.8M
Net VEX-1.0M-1.6M-639.2K-1.4M-753.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.362.320.641.03
Total Volume25,227.47610,69454,50314,14418,740
Total OI812,582.952748,088871,251831,056769,772

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-06-01$7.05$8.0097.3%28.3%133.9%47.5%98.4%10.5%-2.3%989.9K-39.3M-1.4M0.642.578,6115,533614,059216,997
2022-06-02$8.00$7.0094.1%27.0%139.7%43.5%94.4%9.7%0.1%1.6M-83.0M-1.6M0.529.6824,44512,676616,107217,946
2022-06-03$7.51$7.0096.6%27.1%133.6%46.7%97.6%8.4%-2.2%1.4M-62.0M-1.5M1.0938.789,41810,279622,670224,956
2022-06-06$7.17$7.0095.6%27.3%132.6%45.4%95.3%7.6%-0.5%1.0M-44.5M-1.4M0.6340.9110,9696,918614,981216,348
2022-06-07$7.38$8.0089.0%26.7%127.2%37.3%92.6%9.2%5.5%1.1M-47.9M-1.5M0.957.095,4905,204619,665218,706
2022-06-08$7.38$7.0087.9%26.9%125.8%36.0%92.8%7.3%5.0%1.1M-48.8M-1.4M0.6029.808,3824,996620,711221,513
2022-06-09$6.67$7.0093.5%26.6%126.9%42.8%93.5%9.2%-2.3%618.9K-17.3M-1.2M1.834.697,61213,947622,458223,825
2022-06-10$5.75$7.00101.6%28.5%127.6%52.7%100.8%6.0%-3.9%384.3K5.7M-1.0M0.5120.9222,07111,198624,175226,742
2022-06-13$5.01$6.00114.2%32.6%119.6%68.2%114.0%7.3%-0.5%354.3K13.1M-889.8K2.3212.4916,42838,075616,179217,365
2022-06-14$5.09$7.00110.5%31.6%120.1%63.6%107.3%10.0%-2.4%442.1K9.6M-902.2K0.5123.2112,8366,600624,686213,799
2022-06-15$5.14$7.00107.8%30.9%117.6%60.4%105.1%11.2%-2.1%502.3K9.2M-886.5K0.3614.2832,67011,733631,672211,684
2022-06-16$4.32$6.00120.1%34.8%127.8%75.4%119.1%10.7%-6.3%283.4K27.1M-639.2K0.5213.7629,93115,461645,573212,417
2022-06-17$4.76$6.00111.6%31.9%133.8%64.9%111.5%11.3%-1.2%511.6K11.0M-811.6K0.4212.7819,8388,325655,712215,539
2022-06-21$4.80$6.00103.7%30.3%134.1%55.3%108.9%6.2%3.9%511.6K5.0M-772.3K0.413.5820,0258,154561,511186,577
2022-06-22$4.84$6.00106.5%30.7%134.3%58.7%106.3%5.1%1.1%552.0K2.4M-800.1K0.504.6014,3797,165571,054189,894
2022-06-23$5.38$6.00107.5%31.3%138.1%60.0%109.0%11.8%0.5%680.7K-8.1M-868.2K0.624.9516,40010,180572,519188,897
2022-06-24$5.63$6.00104.0%29.0%138.1%55.7%101.7%21.1%4.1%761.2K-19.1M-981.6K0.782.3610,8588,424575,081195,210
2022-06-27$5.42$6.00102.6%29.6%138.1%54.0%104.1%13.4%2.3%709.9K-7.7M-881.7K2.103.017,79216,378567,773187,712
2022-06-28$5.14$6.00105.5%29.0%129.6%57.6%102.0%8.0%0.6%597.2K-2.7M-847.2K0.993.016,7126,639571,033194,040
2022-06-29$4.78$6.00104.8%30.0%130.9%56.6%105.9%6.2%2.6%488.0K2.1M-794.2K1.904.426,31511,970572,179194,505
2022-06-30$4.70$6.00108.6%30.6%130.9%61.3%106.0%12.3%2.1%447.1K5.8M-753.0K1.0310.009,2399,501573,987195,785