OPEN Options History — November 2022

In November 2022, OPEN traded between $1.54 and $2.44. ATM implied volatility averaged 116.2%, placing in the 65.5% IV rank vs the trailing year. The 30-day expected move averaged 33.3%. IV traded below realized volatility by 13.4% (HV 20d: 129.7%). Max pain ranged from $2.00 to $5.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 1.03.

Notable Days

  • 2022-11-11: Highest Volume — 47,825 contracts
  • 2022-11-25: Largest IV spike — 35.4% change
  • 2022-11-25: Highest IV Rank — 100.0%
  • 2022-11-01: Largest Expected Move — 42.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.91$1.54$2.44$2.44$1.85
Max Pain$2.57$2.00$5.00$5.00$2.00
ATM IV116.2%103.8%146.6%124.9%103.8%
Expected Move33.3%29.4%42.5%42.5%32.8%
HV 20d129.7%89.6%156.1%91.5%156.1%
HV 60d100.1%80.5%115.0%84.7%115.0%
IV Rank65.5%45.4%100.0%78.7%45.4%
IV Percentile72.3%46.4%100.0%90.5%46.4%
Term Structure-4.2%-19.8%3.9%-7.1%-4.4%
VWIV115.9%102.4%148.7%148.7%121.1%
Skew 25d13.9%-6.5%49.4%11.0%22.3%
Skew 10d19.0%-38.2%61.4%14.8%49.2%
Call IV 25d112.4%80.9%128.8%121.2%100.0%
Put IV 25d126.3%105.3%140.7%132.2%122.2%
Bid-Ask Spread %12.273.8136.7426.434.74
Gamma HHI0.190.110.680.110.11
Net GEX24.0K-204.1K118.7K57.6K51.2K
Net DEX11.3M1.2M22.4M17.0M3.8M
Net VEX-126.6K-180.4K-89.7K-171.2K-123.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.262.290.390.26
Total Volume23,088.0955,77347,82523,9248,821
Total OI821,320.905768,923866,580815,393784,586

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-11-01$2.44$5.00124.9%42.5%91.5%78.7%148.7%11.0%-7.1%57.6K17.0M-171.2K0.3926.4317,2186,706623,110192,283
2022-11-02$2.34$5.00127.4%42.0%91.5%82.1%143.0%-1.8%-8.3%60.4K14.9M-176.9K0.5336.7419,20510,247634,700194,211
2022-11-03$2.36$3.00130.0%35.6%89.6%85.8%122.8%13.4%-10.4%59.8K14.8M-180.4K2.299.7710,50224,048645,915197,775
2022-11-04$1.99$3.00108.6%30.5%103.4%56.0%106.4%7.1%3.7%-204.1K22.4M-132.5K2.017.1812,21624,510651,136215,444
2022-11-07$1.75$3.00113.0%29.4%106.9%62.1%102.4%3.0%-12.1%-25.3K18.8M-109.6K1.185.1713,03015,430637,249189,608
2022-11-08$1.63$3.00121.8%33.3%106.0%74.4%118.4%16.3%0.3%-7.7K16.0M-106.5K0.9811.6819,34918,882644,928182,140
2022-11-09$1.54$3.00116.8%32.1%103.6%67.4%111.2%15.7%-4.6%31.4K15.0M-89.7K1.1034.168,8909,789656,211177,404
2022-11-10$1.90$3.00109.2%32.2%134.1%56.8%112.3%10.4%3.9%6.9K13.7M-116.5K0.695.6424,43016,905658,756177,302
2022-11-11$2.08$2.00109.0%30.6%136.2%56.5%106.6%13.9%-1.6%12.4K10.8M-139.2K0.426.0833,66614,159667,484180,201
2022-11-14$1.86$2.00107.5%30.6%140.8%54.4%106.8%19.7%0.5%8.1K12.6M-127.3K0.875.3113,27411,520666,206181,645
2022-11-15$2.03$2.00111.7%32.2%145.4%60.3%111.1%-6.5%-2.4%26.6K11.6M-139.2K1.4222.808,04611,442671,704181,497
2022-11-16$1.91$2.00107.8%30.9%144.6%54.9%108.0%24.4%-1.2%-2.6K12.8M-130.1K1.864.343,7316,939673,911186,554
2022-11-17$1.84$2.00112.4%32.4%142.9%61.3%112.9%22.9%-2.2%44.9K14.2M-115.8K0.887.497,1476,321676,120183,037
2022-11-18$1.70$2.00114.9%32.4%144.6%64.8%113.1%16.2%3.8%33.6K13.0M-111.4K2.1010.669,57420,094680,099183,005
2022-11-21$1.68$2.00123.3%35.2%144.5%76.5%118.1%17.5%-11.3%28.2K6.3M-103.9K0.8023.417,2165,757640,797128,126
2022-11-22$1.63$2.00115.5%34.0%132.4%65.5%115.5%9.0%-1.6%17.1K6.6M-97.1K1.479.463,4705,091644,081128,410
2022-11-23$1.93$2.00108.2%31.6%149.4%55.5%114.0%18.6%-7.1%85.0K2.5M-126.6K0.6210.3214,3168,843645,294128,092
2022-11-25$2.02$2.00146.6%30.5%150.9%100.0%106.2%49.4%-19.8%118.7K1.2M-137.5K0.805.486,9965,572651,393129,845
2022-11-28$1.81$2.00109.9%32.3%154.6%53.0%113.2%-3.6%-4.4%69.3K3.9M-116.4K0.506.9910,4685,257648,177126,665
2022-11-29$1.75$2.00118.9%36.8%154.5%64.6%122.4%12.5%-2.2%33.1K5.3M-107.9K0.473.813,9251,848653,564129,074
2022-11-30$1.85$2.00103.8%32.8%156.1%45.4%121.1%22.3%-4.4%51.2K3.8M-123.8K0.264.747,0241,797655,517129,069