OPEN Options History — June 2024

In June 2024, OPEN traded between $1.75 and $2.26. ATM implied volatility averaged 72.4%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 21.7%. IV traded above realized volatility by 13.8% (HV 20d: 58.6%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.23.

Notable Days

  • 2024-06-12: Highest Volume — 22,013 contracts
  • 2024-06-12: Largest IV spike — 30.1% change
  • 2024-06-28: Highest IV Rank — 24.3%
  • 2024-06-03: Largest Expected Move — 23.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.02$1.75$2.26$2.17$1.83
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV72.4%59.6%81.0%75.8%81.0%
Expected Move21.7%19.6%23.5%23.5%21.3%
HV 20d58.6%49.0%71.3%71.3%56.9%
HV 60d68.0%63.7%73.0%73.0%65.9%
IV Rank14.0%0.0%24.3%16.9%24.3%
IV Percentile4.3%0.0%13.1%2.8%13.1%
Term Structure10.2%-27.3%45.1%6.8%11.4%
VWIV77.2%68.8%82.3%82.3%74.5%
Skew 25d8.2%-5.8%41.4%9.4%3.6%
Skew 10d5.9%-37.3%71.8%0.3%-9.2%
Call IV 25d76.4%65.7%84.0%68.9%79.3%
Put IV 25d84.5%72.4%107.1%78.3%82.9%
Bid-Ask Spread %25.693.6744.7822.5323.63
Gamma HHI0.160.150.170.170.16
Net GEX140.0K100.3K182.8K153.5K126.6K
Net DEX-10.2M-13.2M-7.4M-11.2M-9.2M
Net VEX-139.9K-151.6K-124.6K-144.3K-136.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.061.030.220.09
Total Volume8,845.4745,14522,0135,6155,684
Total OI325,008.632296,890354,570296,890354,570

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-06-03$2.17$2.0075.8%23.5%71.3%16.9%82.3%9.4%6.8%153.5K-11.2M-144.3K0.2222.534,618997234,42462,466
2024-06-04$2.16$2.0072.2%22.1%69.2%12.6%79.2%3.9%9.2%152.5K-11.8M-143.4K0.1524.254,872722237,79262,993
2024-06-05$2.23$2.0073.3%22.2%68.6%13.9%77.1%-2.1%1.7%177.7K-12.8M-149.8K0.343.674,4011,487241,38563,406
2024-06-06$2.26$2.0078.6%23.2%64.3%20.0%77.4%2.0%-1.7%182.8K-13.2M-151.6K0.1343.364,902622244,16864,345
2024-06-07$2.13$2.0063.7%20.2%57.2%2.8%77.5%3.0%18.1%151.7K-10.8M-142.2K0.1124.435,557618245,71364,596
2024-06-10$2.13$2.0075.7%22.1%57.2%16.7%79.0%3.2%-2.9%156.3K-11.0M-142.2K0.1144.788,127897244,48963,704
2024-06-11$2.12$2.0059.6%20.3%49.0%0.0%75.8%21.4%44.2%140.5K-10.4M-136.6K0.2034.404,817964247,47764,325
2024-06-12$2.23$2.0077.6%22.0%53.2%20.4%80.2%-0.5%0.9%180.2K-13.1M-150.6K0.0921.5020,2761,737251,16164,932
2024-06-13$2.12$2.0073.7%21.6%55.6%16.1%79.2%11.0%11.8%155.3K-11.5M-149.5K0.2238.954,232913259,02165,479
2024-06-14$2.05$2.0063.8%21.3%56.3%4.7%76.0%17.2%40.7%136.6K-10.4M-140.0K0.3034.554,5031,350261,29465,307
2024-06-17$1.98$2.0072.9%21.0%57.0%15.1%78.2%-1.7%-27.3%120.3K-9.5M-136.9K0.3021.0512,5253,819258,20864,951
2024-06-18$1.96$2.0068.5%19.6%56.9%10.2%68.8%-5.8%-21.0%100.3K-8.9M-132.7K1.0321.163,6303,731264,35167,675
2024-06-20$1.85$2.0076.6%22.1%55.5%19.4%74.8%-3.0%-8.0%103.8K-8.3M-124.6K0.0621.1913,397743264,38170,804
2024-06-21$1.90$2.0075.2%21.4%55.7%17.8%76.7%-3.1%-11.4%124.2K-8.0M-134.3K0.0927.8410,279959272,90171,181
2024-06-24$1.85$2.0073.0%21.5%55.4%15.3%75.1%41.4%45.1%132.5K-8.9M-134.0K0.4010.496,9012,756269,24365,646
2024-06-25$1.75$2.0059.8%21.5%57.5%0.2%80.0%6.0%9.5%106.9K-7.4M-127.2K0.1522.969,4421,422273,59068,107
2024-06-26$1.85$2.0075.6%22.6%60.3%18.2%78.5%34.9%40.6%123.9K-8.7M-136.2K0.1423.658,9411,215278,04868,650
2024-06-27$1.88$2.0078.9%21.9%56.9%21.9%76.5%14.4%26.1%135.4K-9.6M-144.8K0.2023.664,9861,022284,93169,450
2024-06-28$1.83$2.0081.0%21.3%56.9%24.3%74.5%3.6%11.4%126.6K-9.2M-136.5K0.0923.635,207477284,83969,731