OPEN Options History — November 2024

In November 2024, OPEN traded between $1.60 and $2.30. ATM implied volatility averaged 99.3%, placing in the 50.7% IV rank vs the trailing year. The 30-day expected move averaged 30.2%. IV traded above realized volatility by 30.6% (HV 20d: 68.8%). Max pain ranged from $1.50 to $2.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.24.

Notable Days

  • 2024-11-25: Highest Volume — 113,208 contracts
  • 2024-11-08: Largest IV drop — 30.6% change
  • 2024-11-05: Highest IV Rank — 97.0%
  • 2024-11-01: Largest Expected Move — 46.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.87$1.60$2.30$1.83$2.30
Max Pain$1.90$1.50$2.00$2.00$2.00
ATM IV99.3%76.9%135.6%113.5%89.8%
Expected Move30.2%24.9%46.7%46.7%28.6%
HV 20d68.8%59.4%90.0%67.7%87.8%
HV 60d77.7%68.0%81.9%81.9%76.2%
IV Rank50.7%22.0%97.0%68.8%38.5%
IV Percentile50.2%9.1%99.6%84.9%36.1%
Term Structure3.8%-40.5%54.7%-15.0%-40.5%
VWIV107.2%88.4%163.0%163.0%101.6%
Skew 25d-4.8%-47.5%23.4%1.4%14.2%
Skew 10d-3.8%-51.2%89.0%-26.5%-16.4%
Call IV 25d104.5%54.8%146.3%125.0%92.5%
Put IV 25d99.8%50.8%134.9%126.4%106.7%
Bid-Ask Spread %16.584.1644.894.9444.89
Gamma HHI0.170.150.190.160.19
Net GEX401.6K191.2K737.3K410.4K706.1K
Net DEX-23.8M-47.3M-10.4M-22.4M-46.3M
Net VEX-191.4K-259.2K-135.5K-199.1K-252.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.050.730.400.09
Total Volume26,999.64,388113,2086,96119,976
Total OI706,315.2619,705765,595734,354715,710

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-11-01$1.83$2.00113.5%46.7%67.7%68.8%163.0%1.4%-15.0%410.4K-22.4M-199.1K0.404.944,9761,985639,60994,745
2024-11-04$1.85$1.50133.3%34.2%61.7%94.1%119.7%-15.4%-0.6%426.4K-24.0M-201.3K0.1511.5716,0952,452628,90093,112
2024-11-05$1.92$1.50135.6%34.4%61.7%97.0%123.4%-0.2%-0.9%483.6K-27.3M-210.7K0.157.716,443951642,03394,388
2024-11-06$1.79$1.50125.4%33.5%66.6%83.9%121.2%-8.1%-5.3%406.6K-21.8M-193.1K0.269.518,9082,336643,92895,045
2024-11-07$1.87$1.50135.6%35.9%67.1%97.0%125.1%-9.0%-3.6%462.4K-25.9M-204.0K0.3713.2530,03111,127645,87596,770
2024-11-08$1.87$2.0094.1%28.7%62.1%44.0%100.6%-7.5%3.6%344.8K-19.0M-185.4K0.199.4736,6457,090662,665102,930
2024-11-11$1.83$2.0086.4%28.6%61.3%34.2%99.2%-47.5%-3.4%344.1K-19.5M-186.3K0.445.2717,5787,809636,20393,114
2024-11-12$1.75$2.0077.6%28.1%62.8%22.9%97.2%1.5%44.2%295.3K-16.2M-171.6K0.3129.7610,8063,340643,03994,811
2024-11-13$1.81$2.0092.2%27.2%63.0%41.5%97.2%23.4%2.4%323.4K-17.5M-178.9K0.2017.0116,2133,224647,77396,430
2024-11-14$1.75$2.0076.9%26.7%59.4%22.0%99.6%15.2%38.0%299.0K-16.2M-167.8K0.119.263,947441654,12496,726
2024-11-15$1.67$2.0080.1%27.9%60.7%26.1%97.4%-4.0%3.7%246.7K-13.1M-155.8K0.7327.299,5256,940654,06196,345
2024-11-18$1.60$2.0087.3%24.9%61.4%35.3%92.3%-14.5%-0.4%206.8K-11.8M-140.4K0.256.3512,8933,275541,82977,876
2024-11-19$1.60$2.0088.3%25.4%61.4%36.6%88.9%-8.5%0.3%191.2K-10.4M-135.5K0.569.608,8304,980546,51879,640
2024-11-20$1.63$2.0087.9%25.2%60.1%36.1%88.4%-8.1%2.2%207.7K-12.0M-142.7K0.128.429,0251,066548,26381,874
2024-11-21$1.71$2.0088.0%25.1%61.3%36.3%89.7%-6.4%2.9%253.9K-14.8M-152.1K0.254.164,9541,219553,73382,400
2024-11-22$1.98$2.0096.0%27.8%80.9%46.4%100.3%-8.0%-2.0%415.4K-26.6M-201.3K0.0540.0986,8494,612554,55282,857
2024-11-25$2.25$2.0093.6%33.5%90.0%43.4%121.4%5.1%54.7%609.9K-47.3M-259.2K0.0614.96106,3996,809593,24582,129
2024-11-26$2.17$2.00102.0%30.5%89.0%54.1%111.3%-10.0%-4.7%737.3K-41.4M-243.2K0.0532.9634,3771,790634,63184,501
2024-11-27$2.26$2.00103.5%31.0%89.3%56.0%106.7%-8.7%0.9%660.0K-42.9M-246.8K0.0925.1122,0302,046628,40585,515
2024-11-29$2.30$2.0089.8%28.6%87.8%38.5%101.6%14.2%-40.5%706.1K-46.3M-252.8K0.0944.8918,3161,660630,07485,636