OPEN Options History — August 2022

In August 2022, OPEN traded between $4.39 and $6.32. ATM implied volatility averaged 96.6%, placing in the 46.6% IV rank vs the trailing year. The 30-day expected move averaged 27.9%. IV traded below realized volatility by 9.1% (HV 20d: 105.7%). Max pain ranged from $5.00 to $6.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.78.

Notable Days

2022-08-05: Highest Volume — 143,408 contracts
2022-08-05: Largest IV drop — 23.6% change
2022-08-04: Highest IV Rank — 90.4%
2022-08-03: Largest Expected Move — 43.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.14	$4.39	$6.32	$4.78	$4.39
Max Pain	$5.13	$5.00	$6.00	$6.00	$5.00
ATM IV	96.6%	84.8%	132.4%	112.5%	91.5%
Expected Move	27.9%	24.2%	43.1%	35.8%	26.3%
HV 20d	105.7%	73.0%	118.1%	77.3%	107.7%
HV 60d	111.8%	104.4%	119.7%	116.0%	104.4%
IV Rank	46.6%	32.2%	90.4%	66.0%	40.4%
IV Percentile	54.1%	40.1%	96.0%	78.6%	45.2%
Term Structure	-1.0%	-9.9%	3.7%	-9.9%	2.4%
VWIV	99.9%	87.1%	148.9%	128.6%	109.5%
Skew 25d	4.7%	-0.8%	11.4%	8.6%	-0.8%
Skew 10d	9.4%	-17.7%	18.9%	16.1%	7.6%
Call IV 25d	96.6%	86.0%	130.4%	111.5%	97.5%
Put IV 25d	101.3%	90.6%	139.9%	120.1%	96.7%
Bid-Ask Spread %	15.10	3.94	30.68	5.44	5.44
Gamma HHI	0.13	0.10	0.14	0.13	0.12
Net GEX	600.3K	310.5K	1.0M	468.5K	322.4K
Net DEX	3.9M	-28.8M	28.0M	13.9M	23.9M
Net VEX	-699.3K	-890.1K	-534.0K	-603.2K	-596.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.78	0.15	2.87	1.80	0.27
Total Volume	41,044.739	7,789	143,408	36,697	29,424
Total OI	841,528.957	765,020	921,969	765,020	860,824

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2022-08-01	$4.78	$6.00	112.5%	35.8%	77.3%	66.0%	128.6%	8.6%	-9.9%	468.5K	13.9M	-603.2K	1.80	5.44	13,118	23,579	569,620	195,400
2022-08-02	$4.86	$6.00	121.1%	40.5%	73.0%	76.6%	148.0%	6.3%	-7.3%	481.6K	11.1M	-615.8K	2.87	29.80	14,248	40,911	575,784	202,070
2022-08-03	$5.17	$6.00	124.7%	43.1%	76.8%	81.1%	148.9%	5.2%	-6.0%	620.6K	-16.0M	-829.4K	0.50	21.65	43,701	21,680	583,558	227,838
2022-08-04	$4.75	$5.00	132.4%	33.5%	79.7%	90.4%	118.8%	9.5%	-8.5%	452.2K	5.1M	-679.3K	0.54	9.72	65,181	35,222	606,593	237,466
2022-08-05	$5.75	$5.00	101.1%	26.8%	106.6%	52.1%	98.1%	11.4%	-2.2%	756.0K	-28.8M	-809.7K	0.61	3.94	89,226	54,182	639,117	253,944
2022-08-08	$5.89	$5.00	92.6%	26.0%	102.3%	41.7%	93.1%	1.2%	-1.7%	777.5K	-9.5M	-767.6K	0.48	9.52	31,169	15,044	594,108	227,816
2022-08-09	$5.39	$5.00	89.8%	25.8%	107.6%	38.4%	90.7%	3.2%	1.3%	539.2K	5.6M	-692.9K	1.10	29.12	10,535	11,639	602,208	232,682
2022-08-10	$5.93	$5.00	90.3%	25.3%	112.7%	38.9%	93.8%	4.2%	-2.3%	917.5K	-15.7M	-792.7K	0.60	5.35	20,333	12,197	604,914	237,721
2022-08-11	$5.98	$5.00	90.5%	24.9%	110.9%	39.1%	87.1%	5.6%	-4.9%	983.2K	-19.7M	-849.9K	0.31	30.68	18,319	5,708	611,035	241,971
2022-08-12	$6.32	$5.00	88.9%	25.2%	112.1%	37.2%	89.1%	3.4%	-1.6%	1.0M	-28.8M	-890.1K	0.39	6.57	20,087	7,918	615,231	243,136
2022-08-15	$5.97	$5.00	88.7%	25.2%	114.5%	36.9%	87.9%	5.0%	3.0%	910.4K	-11.3M	-798.7K	0.37	5.07	15,588	5,807	594,288	208,790
2022-08-16	$5.70	$5.00	84.8%	24.2%	111.7%	32.2%	89.0%	4.0%	3.7%	724.9K	-606.4K	-733.7K	0.87	18.56	17,724	15,350	599,000	210,496
2022-08-17	$5.11	$5.00	88.3%	25.3%	118.1%	36.5%	90.3%	1.7%	2.6%	603.7K	-9.3M	-798.5K	0.29	6.38	45,408	13,154	602,593	215,497
2022-08-18	$5.04	$5.00	87.5%	24.9%	118.1%	35.5%	89.0%	4.1%	3.6%	627.4K	15.9M	-609.9K	1.82	5.50	32,811	59,656	631,029	218,863
2022-08-19	$4.76	$5.00	89.4%	25.5%	116.8%	37.8%	91.3%	2.9%	1.0%	569.6K	-635.9K	-817.7K	1.31	19.27	19,859	26,091	652,938	269,031
2022-08-22	$4.73	$5.00	95.5%	27.0%	115.9%	45.3%	95.1%	4.2%	-3.1%	455.2K	19.8M	-631.7K	0.36	28.15	12,553	4,532	598,999	253,438
2022-08-23	$4.64	$5.00	94.1%	26.8%	113.8%	43.6%	94.4%	4.6%	2.3%	420.5K	23.0M	-594.8K	0.29	28.86	10,581	3,019	605,217	254,985
2022-08-24	$4.65	$5.00	91.6%	26.2%	113.8%	40.5%	92.3%	5.1%	0.8%	430.1K	22.9M	-592.0K	0.40	5.90	5,554	2,235	607,959	254,926
2022-08-25	$4.79	$5.00	87.5%	24.7%	110.4%	35.5%	87.6%	6.6%	-0.8%	557.5K	18.3M	-630.5K	0.15	23.28	15,257	2,220	607,041	255,277
2022-08-26	$4.61	$5.00	92.8%	25.8%	111.1%	42.0%	90.6%	1.6%	2.0%	464.2K	18.3M	-626.1K	0.61	20.88	8,074	4,891	609,656	255,044
2022-08-29	$4.52	$5.00	92.1%	26.0%	110.6%	41.1%	93.8%	4.2%	2.5%	379.5K	23.4M	-590.3K	0.26	5.51	9,258	2,408	591,168	250,112
2022-08-30	$4.45	$5.00	94.4%	26.2%	110.5%	44.0%	91.8%	6.3%	0.7%	310.5K	28.0M	-534.0K	1.69	22.65	10,634	17,944	595,019	250,764
2022-08-31	$4.39	$5.00	91.5%	26.3%	107.7%	40.4%	109.5%	-0.8%	2.4%	322.4K	23.9M	-596.6K	0.27	5.44	23,153	6,271	594,075	266,749