OPEN Options History — August 2024

In August 2024, OPEN traded between $1.60 and $2.54. ATM implied volatility averaged 96.5%, placing in the 50.5% IV rank vs the trailing year. The 30-day expected move averaged 28.5%. IV traded below realized volatility by 5.2% (HV 20d: 101.6%). Max pain ranged from $2.00 to $2.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.24.

Notable Days

  • 2024-08-26: Highest Volume — 53,025 contracts
  • 2024-08-09: Largest IV drop — 17.8% change
  • 2024-08-01: Highest IV Rank — 65.5%
  • 2024-08-01: Largest Expected Move — 38.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.93$1.60$2.54$2.08$2.13
Max Pain$2.25$2.00$2.50$2.50$2.50
ATM IV96.5%83.8%117.1%117.1%93.3%
Expected Move28.5%22.1%38.8%38.8%26.0%
HV 20d101.6%84.6%116.6%106.0%102.7%
HV 60d84.1%79.1%93.0%79.6%92.8%
IV Rank50.5%34.2%65.5%65.5%47.6%
IV Percentile56.5%16.7%94.0%94.0%50.4%
Term Structure4.2%-93.1%70.5%-6.5%2.9%
VWIV97.9%35.6%142.9%142.9%92.8%
Skew 25d6.2%-8.8%80.9%-8.8%1.8%
Skew 10d-3.9%-41.0%27.7%-20.4%-8.4%
Call IV 25d99.7%82.8%130.4%130.4%97.3%
Put IV 25d105.9%94.7%163.7%121.6%99.1%
Bid-Ask Spread %16.163.7854.674.123.78
Gamma HHI0.140.120.170.130.16
Net GEX195.6K89.5K370.0K194.6K277.9K
Net DEX-13.8M-31.1M-5.9M-14.5M-20.0M
Net VEX-156.7K-213.2K-121.8K-170.7K-184.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.060.780.270.21
Total Volume21,165.4096,40853,02533,31116,197
Total OI438,516.955388,711473,532433,039473,532

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$2.08$2.50117.1%38.8%106.0%65.5%142.9%-8.8%-6.5%194.6K-14.5M-170.7K0.274.1226,3336,978346,81186,228
2024-08-02$1.88$2.5097.5%31.1%111.9%43.2%103.2%-7.9%1.4%130.7K-8.8M-152.5K0.265.0628,2297,258366,47890,712
2024-08-05$1.71$2.5090.6%30.9%116.6%35.3%107.6%80.9%56.3%107.2K-7.1M-132.8K0.1642.3118,9243,094341,34982,953
2024-08-06$1.71$2.5084.4%29.9%114.3%35.0%106.0%37.0%70.5%118.7K-7.2M-134.6K0.3621.026,6882,434351,33984,281
2024-08-07$1.63$2.5098.0%28.5%115.2%54.3%99.5%3.6%4.3%96.9K-7.1M-125.9K0.2631.037,8552,040354,85085,180
2024-08-08$1.67$2.50102.0%28.8%110.0%59.9%97.4%7.4%1.1%94.0K-6.0M-128.1K0.0630.469,660596357,71485,675
2024-08-09$1.67$2.5083.8%27.9%105.0%34.2%97.8%3.1%40.5%101.7K-6.7M-130.1K0.3732.105,3331,999364,20485,314
2024-08-12$1.60$2.5098.3%22.1%95.2%54.7%35.6%11.1%-93.1%89.5K-5.9M-121.8K0.7854.673,6382,847351,48882,154
2024-08-13$1.77$2.5096.7%26.9%86.6%52.5%94.0%9.9%-0.6%128.1K-8.0M-134.3K0.1620.2010,8731,763353,10683,023
2024-08-14$1.77$2.0096.7%27.4%86.9%52.4%98.1%7.8%-0.1%134.4K-8.7M-135.2K0.3021.465,3571,618359,24084,169
2024-08-15$1.79$2.0092.5%28.4%84.6%46.5%94.7%10.1%15.5%138.6K-8.9M-135.1K0.1020.0112,8941,328360,60984,648
2024-08-16$1.79$2.0093.5%27.4%84.8%47.9%94.9%2.7%6.3%141.7K-8.6M-136.3K0.466.354,3812,027364,36284,453
2024-08-19$1.98$2.0099.8%29.1%94.3%56.7%102.9%-4.7%-6.0%192.5K-15.2M-160.1K0.186.7240,2497,200318,77469,937
2024-08-20$1.94$2.00100.3%28.8%92.7%57.5%99.8%-3.4%-3.1%232.2K-15.7M-162.2K0.296.7313,1163,843343,73375,886
2024-08-21$2.01$2.0095.1%27.3%92.0%50.1%97.2%-2.5%2.6%261.1K-16.4M-164.5K0.178.908,1581,376348,06278,530
2024-08-22$2.01$2.0094.5%27.1%90.8%49.3%96.5%-4.0%1.1%290.7K-17.3M-169.0K0.1211.4726,3963,173351,51779,453
2024-08-23$2.25$2.0095.3%27.3%100.8%50.5%96.7%-3.3%0.5%283.7K-24.0M-188.0K0.134.8933,9234,548355,38981,229
2024-08-26$2.54$2.00100.4%29.1%110.4%57.7%98.9%-0.5%-1.3%366.7K-31.1M-213.2K0.115.4247,6365,389342,38980,428
2024-08-27$2.38$2.0099.1%29.2%109.6%55.9%102.1%-3.6%-1.4%370.0K-27.3M-203.5K0.144.1123,2603,241356,85883,209
2024-08-28$2.13$2.0097.9%28.1%116.6%54.1%98.9%-0.1%0.1%272.2K-19.0M-182.4K0.149.2928,5084,135367,24685,170
2024-08-29$2.10$2.5095.5%26.8%109.4%50.7%96.4%-0.6%0.5%280.0K-19.3M-181.9K0.135.4118,6502,494377,81487,877
2024-08-30$2.13$2.5093.3%26.0%102.7%47.6%92.8%1.8%2.9%277.9K-20.0M-184.0K0.213.7813,3702,827384,33689,196