OTEX Options History — October 2007

In October 2007, OTEX traded between $6.60 and $7.80. ATM implied volatility averaged 69.3%, placing in the 55.8% IV rank vs the trailing year. The 30-day expected move averaged 20.2%. IV traded above realized volatility by 38.2% (HV 20d: 31.0%). Max pain ranged from $6.25 to $6.25. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 1.52.

Notable Days

  • 2007-10-04: Highest Volume — 12,812 contracts
  • 2007-10-26: Largest IV spike — 11.6% change
  • 2007-10-30: Highest IV Rank — 85.5%
  • 2007-10-30: Largest Expected Move — 26.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.22$6.60$7.80$6.60$7.80
Max Pain$6.25$6.25$6.25$6.25$6.25
ATM IV69.3%46.0%93.9%46.0%91.0%
Expected Move20.2%13.2%26.9%13.2%26.1%
HV 20d31.0%25.7%33.2%25.7%26.4%
HV 60d52.9%51.0%54.3%52.5%51.0%
IV Rank55.8%27.6%85.5%27.6%82.0%
IV Percentile81.6%56.1%97.6%56.1%95.7%
Term Structure-5.8%-22.5%15.3%15.3%-16.7%
VWIV72.6%43.4%96.9%43.4%96.1%
Skew 25d5.0%-1.3%15.0%-0.0%15.0%
Skew 10d10.0%3.8%20.1%5.1%19.5%
Call IV 25d69.7%47.4%92.0%47.4%82.9%
Put IV 25d74.7%47.4%99.4%47.4%98.0%
Bid-Ask Spread %24.4213.1539.3332.9239.33
Gamma HHI0.790.720.870.810.72
Net GEX-1.2M-1.6M-895.6K-1.6M-895.6K
Net DEX975.9K-9.0M18.7M18.7M-9.0M
Net VEX-169.3K-198.6K-136.5K-198.6K-136.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.520.227.734.641.48
Total Volume4,362.43538812,8125,5244,780
Total OI256,074.957231,480274,904248,880246,988

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-10-01$6.60$6.2546.0%13.2%25.7%27.6%43.4%-0.0%15.3%-1.6M18.7M-198.6K4.6432.92N/AN/A9804,54452,392196,488
2007-10-02$6.89$6.2548.8%14.0%27.2%31.0%47.1%-1.3%11.0%-1.5M8.8M-190.1K1.1331.32N/AN/A2,2402,53652,832197,268
2007-10-03$7.22$6.2552.6%15.1%30.4%35.6%55.0%7.2%11.5%-1.2M-83.3K-184.9K0.6826.50N/AN/A6,4444,38053,752197,380
2007-10-04$7.13$6.2556.5%16.2%30.9%40.4%62.6%3.4%7.1%-1.3M1.1M-189.1K1.0930.33N/AN/A6,1286,68457,456198,940
2007-10-05$7.29$6.2555.3%18.3%31.1%38.9%67.3%5.8%-2.0%-1.1M-4.4M-189.9K0.3417.26N/AN/A3,5321,21661,628202,112
2007-10-08$7.16$6.2561.3%18.9%32.3%46.1%69.6%4.2%-5.0%-1.2M-1.2M-192.0K0.5318.46N/AN/A2,4561,30863,524202,688
2007-10-09$7.17$6.2559.8%19.1%32.1%44.3%67.7%5.2%-5.0%-1.2M-2.4M-185.5K0.7217.79N/AN/A3,4282,46064,536203,020
2007-10-10$7.12$6.2561.7%19.3%32.4%46.7%67.8%2.1%-4.1%-1.2M664.3K-189.6K0.6221.76N/AN/A93657665,952205,120
2007-10-11$7.13$6.2567.2%19.3%29.9%53.3%69.0%3.6%-4.0%-1.2M538.9K-187.1K0.2224.06N/AN/A96821266,448205,400
2007-10-12$7.30$6.2566.1%19.0%30.4%52.0%69.1%4.0%-3.4%-1.1M-5.5M-172.2K7.7321.55N/AN/A10480466,608205,432
2007-10-15$7.33$6.2568.0%19.5%30.3%54.2%71.8%5.1%-6.1%-1.1M-6.7M-165.0K3.2222.78N/AN/A1,0123,25666,592205,440
2007-10-16$7.15$6.2570.2%20.1%32.0%56.9%73.2%6.7%-5.2%-1.2M235.3K-171.5K3.4624.57N/AN/A5882,03666,424208,480
2007-10-17$7.17$6.2567.8%19.4%31.5%54.0%67.8%3.5%-4.5%-1.2M-1.8M-167.3K0.3824.00N/AN/A1,63261266,496206,212
2007-10-18$7.16$6.2567.3%19.3%31.6%53.4%71.4%5.4%-3.5%-1.3M-336.1K-163.9K0.3521.88N/AN/A28810066,020205,244
2007-10-19$7.05$6.2568.0%19.5%32.0%54.2%69.4%6.0%-5.6%-1.4M2.7M-165.4K2.2131.08N/AN/A8921,97266,056205,176
2007-10-22$6.91$6.2571.5%20.5%32.8%58.5%74.1%4.5%-10.7%-1.5M13.3M-158.5K1.1435.31N/AN/A86498845,032186,448
2007-10-23$7.10$6.2574.4%21.3%32.6%62.0%74.8%5.7%-11.6%-1.4M7.7M-152.5K0.3613.15N/AN/A91232845,472186,752
2007-10-24$7.31$6.2580.0%22.9%33.2%68.7%80.0%7.2%-17.3%-1.2M3.8M-146.8K0.3025.64N/AN/A3,6921,11246,072186,784
2007-10-25$7.32$6.2583.9%24.1%33.1%73.5%89.3%2.1%-16.8%-1.2M5.1M-154.0K2.1320.99N/AN/A3,8168,11247,524187,296
2007-10-26$7.47$6.2593.7%26.8%33.0%85.2%94.1%8.6%-22.5%-1.1M1.1M-151.7K0.7425.14N/AN/A1,7401,28849,532190,252
2007-10-29$7.57$6.2589.0%25.5%33.0%79.6%92.1%1.5%-15.3%-1.0M-2.9M-143.2K0.4314.46N/AN/A4,2401,82852,560190,964
2007-10-30$7.69$6.2593.9%26.9%30.3%85.5%96.9%8.4%-19.0%-956.1K-6.9M-137.6K1.0921.35N/AN/A1,1081,20455,344191,588
2007-10-31$7.80$6.2591.0%26.1%26.4%82.0%96.1%15.0%-16.7%-895.6K-9.0M-136.5K1.4839.33N/AN/A1,9242,85654,816192,172