OPEN Options History — June 2025

In June 2025, OPEN traded between $0.51 and $0.68. ATM implied volatility averaged 122.5%, placing in the 61.9% IV rank vs the trailing year. The 30-day expected move averaged 31.1%. IV traded above realized volatility by 18.6% (HV 20d: 103.9%). Max pain ranged from $0.50 to $1.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.13.

Notable Days

  • 2025-06-02: Highest Volume — 16,807 contracts
  • 2025-06-18: Largest IV spike — 35.3% change
  • 2025-06-03: Highest IV Rank — 100.0%
  • 2025-06-03: Largest Expected Move — 39.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.58$0.51$0.68$0.60$0.54
Max Pain$0.57$0.50$1.00$1.00$0.50
ATM IV122.5%98.6%163.1%125.2%150.3%
Expected Move31.1%18.9%39.4%35.0%36.7%
HV 20d103.9%83.7%153.7%152.4%96.2%
HV 60d112.9%110.5%114.7%111.8%114.5%
IV Rank61.9%38.4%100.0%75.6%87.8%
IV Percentile79.2%39.7%100.0%89.7%99.6%
Term Structure-21.9%-177.6%54.4%7.0%54.4%
VWIV106.4%33.1%161.5%123.2%129.2%
Skew 25d-24.6%-48.1%14.7%-32.3%-32.9%
Skew 10d-37.4%-68.8%70.5%-38.0%-37.7%
Call IV 25d156.0%131.8%177.0%155.7%177.0%
Put IV 25d131.4%109.5%169.6%123.4%144.1%
Bid-Ask Spread %47.3513.9176.8716.7652.93
Gamma HHI0.160.140.190.170.16
Net GEX44.7K36.0K59.6K47.5K40.7K
Net DEX-6.1M-8.1M-4.8M-6.3M-5.4M
Net VEX-54.4K-66.6K-45.7K-57.4K-48.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.130.040.480.060.25
Total Volume7,661.92,95116,80716,8079,219
Total OI424,216.25411,206433,890415,041418,611

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-06-02$0.60$1.00125.2%35.0%152.4%75.6%123.2%-32.3%7.0%47.5K-6.3M-57.4K0.0616.7615,882925376,26138,780
2025-06-03$0.59$1.00163.1%39.4%152.4%100.0%161.5%-37.5%-177.6%46.1K-6.2M-57.7K0.0718.317,326513380,28038,580
2025-06-04$0.62$1.00119.2%18.9%153.7%58.1%81.4%-13.2%18.2%46.9K-6.7M-58.4K0.1113.915,710631383,36838,876
2025-06-05$0.66$0.50118.1%25.8%130.6%57.1%61.4%-14.0%-41.1%59.6K-7.7M-64.9K0.0452.5512,985539386,22939,364
2025-06-06$0.68$0.5098.6%27.6%131.6%38.4%81.2%-22.9%21.5%55.8K-8.1M-66.6K0.4817.963,6911,757391,20839,756
2025-06-09$0.58$0.50105.8%33.0%95.8%45.3%113.3%-30.0%29.8%42.3K-5.5M-53.7K0.2714.529,3692,540385,27540,647
2025-06-10$0.60$0.50134.7%20.1%92.5%72.9%33.1%-0.2%-106.2%47.5K-6.0M-55.6K0.0935.747,707677385,16541,473
2025-06-11$0.61$0.50121.5%28.8%92.9%60.2%97.1%-28.0%-50.6%47.9K-6.3M-56.3K0.0460.224,424197388,22641,512
2025-06-12$0.60$0.50106.0%25.9%89.9%45.5%57.4%-41.9%-50.4%48.2K-6.1M-54.9K0.0857.983,179254389,42741,608
2025-06-13$0.57$0.50114.1%33.0%90.4%53.2%117.2%-23.4%-5.0%46.4K-5.9M-54.0K0.1042.412,692259390,54041,614
2025-06-16$0.56$0.50117.3%32.3%83.7%56.2%110.7%-32.0%-8.0%39.1K-5.7M-52.2K0.0550.9411,756545385,14139,399
2025-06-17$0.57$0.50100.9%28.3%83.9%40.6%85.1%-41.7%36.0%41.9K-6.2M-53.3K0.0869.145,030394392,22339,267
2025-06-18$0.59$0.50136.5%39.1%83.7%74.6%131.0%-43.1%-23.4%46.7K-6.5M-56.1K0.0555.864,391222392,71839,463
2025-06-20$0.53$0.50120.4%35.9%88.1%59.2%128.1%-48.1%-18.6%37.7K-5.4M-47.9K0.0776.875,098366394,30039,590
2025-06-23$0.54$0.50122.8%37.1%88.7%61.5%151.1%-13.0%-35.7%40.2K-5.7M-50.6K0.2363.125,8511,329375,36535,841
2025-06-24$0.55$0.50119.0%32.1%89.4%57.9%111.1%-35.0%-41.7%39.6K-5.9M-51.9K0.1064.246,586644376,71837,050
2025-06-25$0.51$0.50124.2%32.8%92.1%62.9%116.6%14.7%5.9%36.0K-4.8M-45.7K0.1667.775,285849379,61637,582
2025-06-26$0.53$0.50125.9%35.2%93.9%64.5%121.2%3.3%-20.0%40.6K-5.6M-51.4K0.2651.915,7501,485380,80137,985
2025-06-27$0.56$0.50127.1%24.6%96.5%65.6%117.1%-20.8%-33.3%42.7K-6.0M-51.5K0.1163.856,457724385,10539,361
2025-06-30$0.54$0.50150.3%36.7%96.2%87.8%129.2%-32.9%54.4%40.7K-5.4M-48.7K0.2552.937,3951,824380,72737,884