OPEN Options History — June 2023

In June 2023, OPEN traded between $2.34 and $4.05. ATM implied volatility averaged 112.9%, placing in the 28.0% IV rank vs the trailing year. The 30-day expected move averaged 31.3%. IV traded above realized volatility by 14.0% (HV 20d: 98.9%). Max pain ranged from $2.00 to $3.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.32.

Notable Days

  • 2023-06-28: Highest Volume — 91,287 contracts
  • 2023-06-13: Largest IV spike — 11.5% change
  • 2023-06-14: Highest IV Rank — 39.2%
  • 2023-06-02: Largest Expected Move — 35.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.98$2.34$4.05$2.69$4.01
Max Pain$2.48$2.00$3.00$2.00$3.00
ATM IV112.9%104.7%126.5%117.0%117.1%
Expected Move31.3%28.4%35.8%34.5%29.6%
HV 20d98.9%81.1%140.4%134.7%105.8%
HV 60d114.3%108.0%125.3%124.5%114.0%
IV Rank28.0%21.1%39.2%31.4%31.4%
IV Percentile34.9%19.0%66.3%42.9%41.7%
Term Structure0.1%-17.4%15.5%-4.1%15.5%
VWIV112.4%100.9%128.4%124.0%105.8%
Skew 25d-2.9%-8.9%19.6%-0.4%-4.1%
Skew 10d2.7%-37.0%49.6%3.6%-3.7%
Call IV 25d117.9%105.7%130.8%121.1%116.6%
Put IV 25d115.0%102.2%130.5%120.7%112.5%
Bid-Ask Spread %8.293.6014.725.193.60
Gamma HHI0.180.120.510.150.16
Net GEX244.8K68.8K690.8K161.6K68.8K
Net DEX-26.2M-53.0M-11.8M-19.9M-50.2M
Net VEX-204.1K-251.1K-162.9K-189.5K-249.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.150.960.230.38
Total Volume27,749.9522,03291,28713,44834,414
Total OI373,915.095347,938414,268362,832414,268

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-06-01$2.69$2.00117.0%34.5%134.7%31.4%124.0%-0.4%-4.1%161.6K-19.9M-189.5K0.235.1910,9442,504249,573113,259
2023-06-02$2.48$2.00111.5%35.8%140.4%26.8%128.4%-1.4%-2.8%136.3K-12.4M-171.6K0.404.5710,3864,179252,731114,554
2023-06-05$2.38$2.00106.6%29.5%106.3%22.7%106.1%0.3%-17.4%129.7K-12.5M-167.8K0.236.479,9712,320238,998108,940
2023-06-06$2.46$2.00107.4%29.2%97.4%23.3%103.4%0.5%3.7%169.4K-14.0M-172.2K0.179.9310,7391,839244,439110,521
2023-06-07$2.34$2.00110.6%29.2%98.1%26.0%105.9%-7.7%6.5%161.0K-11.8M-162.9K0.4010.231,450582250,838111,897
2023-06-08$2.49$2.00109.0%30.5%100.0%24.7%107.8%1.7%0.1%230.7K-15.4M-176.0K0.1511.814,862736252,266112,732
2023-06-09$2.41$2.50104.7%29.0%101.0%21.1%104.6%-6.9%-14.3%128.5K-12.8M-169.0K0.3911.633,8561,510256,117112,885
2023-06-12$2.59$2.50111.2%30.6%94.7%26.5%107.9%-0.9%-7.2%162.0K-16.9M-180.6K0.267.3213,9533,585240,984108,597
2023-06-13$2.92$2.50124.0%33.1%100.0%37.2%122.4%-8.3%-11.7%232.8K-25.7M-205.8K0.276.0949,62113,305248,301110,767
2023-06-14$2.95$2.50126.5%35.1%99.6%39.2%123.8%0.7%-4.5%291.9K-28.0M-210.4K0.298.8621,8486,429268,575114,524
2023-06-15$3.00$2.50119.7%32.1%86.6%33.6%117.8%-6.7%-8.6%342.2K-29.3M-214.5K0.246.9615,6063,765274,003117,534
2023-06-16$3.00$2.50114.3%31.3%86.6%29.1%114.9%-2.5%-8.4%690.8K-30.3M-211.7K0.217.9718,2763,872275,945120,400
2023-06-20$3.08$2.50118.3%33.7%86.5%32.4%120.2%-8.9%5.5%267.0K-28.4M-219.8K0.327.6938,42612,304249,756110,831
2023-06-21$3.13$2.50107.7%30.9%84.9%23.6%112.9%-4.4%9.3%283.1K-29.1M-220.9K0.157.2624,1063,697262,292118,752
2023-06-22$3.17$2.50107.1%30.3%83.1%23.1%108.9%-8.1%7.6%302.7K-30.5M-221.2K0.269.7011,0252,863263,576120,128
2023-06-23$2.91$2.50107.0%29.8%89.2%23.1%105.0%-5.7%7.9%202.1K-21.9M-210.9K0.966.2015,18014,556265,427120,773
2023-06-26$2.99$3.00111.0%30.9%81.1%26.4%103.2%-8.0%5.0%180.7K-22.6M-206.9K0.3414.7213,8234,648247,882118,497
2023-06-27$3.40$3.00107.5%28.4%90.8%23.4%100.9%19.6%5.7%300.9K-33.9M-225.4K0.189.6139,1927,057254,411119,803
2023-06-28$4.04$3.00115.1%32.4%105.6%29.8%116.9%-7.7%5.0%322.8K-51.3M-248.8K0.2712.6571,77619,511255,254122,085
2023-06-29$4.05$3.00118.1%32.0%105.3%32.3%118.8%-1.9%8.8%376.0K-53.0M-251.1K0.675.6332,45221,581268,061131,041
2023-06-30$4.01$3.00117.1%29.6%105.8%31.4%105.8%-4.1%15.5%68.8K-50.2M-249.9K0.383.6025,0259,389271,014143,254