OTEX Options History — April 2019

In April 2019, OTEX traded between $37.92 and $38.82. ATM implied volatility averaged 21.5%, placing in the 34.4% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 9.0% (HV 20d: 12.6%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.89.

Notable Days

  • 2019-04-26: Highest Volume — 326 contracts
  • 2019-04-10: Largest IV spike — 97.6% change
  • 2019-04-30: Highest IV Rank — 61.9%
  • 2019-04-30: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.37$37.92$38.82$38.50$38.42
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV21.5%9.7%30.9%14.0%30.9%
Expected Move7.2%6.4%8.9%6.5%8.9%
HV 20d12.6%10.8%14.1%10.8%11.5%
HV 60d14.8%10.7%16.2%16.2%10.7%
IV Rank34.4%0.0%61.9%11.7%61.9%
IV Percentile49.5%0.0%86.9%9.9%86.9%
Term Structure-2.3%-8.6%14.1%6.8%-8.6%
VWIV27.3%24.5%31.1%26.4%31.1%
Skew 25d4.3%-0.5%6.2%-0.5%5.8%
Skew 10d9.2%-3.4%19.6%-3.4%7.0%
Call IV 25d24.2%11.4%31.3%16.9%31.3%
Put IV 25d28.5%16.4%37.1%16.4%37.1%
Bid-Ask Spread %83.7378.0989.0982.6284.45
Gamma HHI0.950.900.980.970.91
Net GEX171.0K141.6K195.3K171.4K191.6K
Net DEX-3.2M-3.4M-2.7M-3.0M-3.4M
Net VEX-9.0K-9.5K-8.6K-9.3K-8.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.890.0012.005.560.05
Total Volume117.048632611892
Total OI2,390.1432,2272,6342,2522,634

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$38.50$35.0014.0%6.5%10.8%11.7%26.4%-0.5%6.8%171.4K-3.0M-9.3K5.5682.62N/AN/A181001,663589
2019-04-02$38.41$35.0010.9%6.5%10.9%2.6%26.3%5.6%14.1%157.3K-2.9M-9.2K5.2681.95N/AN/A191001,663564
2019-04-03$38.68$35.0013.5%6.4%11.1%10.2%25.3%4.2%-1.0%190.6K-3.2M-8.9K0.5983.20N/AN/A1701001,663564
2019-04-04$38.00$35.0011.2%6.5%12.5%3.6%25.4%2.6%-1.4%143.0K-2.7M-8.9K0.6380.25N/AN/A1661041,689564
2019-04-05$38.45$35.009.7%6.5%13.1%0.0%26.5%3.6%-1.2%157.3K-3.0M-9.2K0.9581.58N/AN/A1151091,729568
2019-04-08$38.28$35.0012.3%6.8%13.1%7.5%27.1%4.6%-1.5%155.7K-2.9M-9.4K0.0080.18N/AN/A1401,765573
2019-04-09$38.59$35.0012.1%6.9%13.0%7.0%24.8%4.1%-2.1%175.3K-3.1M-9.4K0.0082.57N/AN/A1601,777573
2019-04-10$38.47$35.0023.9%6.8%13.1%41.3%25.6%2.7%-1.7%171.1K-3.2M-9.2K0.0883.08N/AN/A3631,777573
2019-04-11$38.59$35.0024.2%6.9%13.0%42.3%25.8%3.0%-2.4%193.5K-3.3M-9.5K0.0782.33N/AN/A4631,792575
2019-04-12$38.82$35.0023.8%6.8%13.1%41.2%24.5%4.1%-2.0%191.9K-3.4M-9.2K0.0778.09N/AN/A6851,792575
2019-04-15$38.58$35.0024.6%7.1%13.3%43.5%25.9%5.3%-2.4%195.3K-3.4M-8.9K0.6783.76N/AN/A961,807575
2019-04-16$38.65$35.0024.9%7.1%13.3%44.2%25.9%4.1%-3.1%195.3K-3.4M-8.8K0.0985.53N/AN/A6461,805579
2019-04-17$38.06$35.0024.5%7.0%14.1%43.1%24.8%4.1%-2.5%141.6K-3.0M-8.7K0.1089.09N/AN/A241251,817579
2019-04-18$38.05$35.0025.2%7.2%14.1%45.1%28.6%4.6%-3.2%156.7K-3.1M-9.2K0.4485.53N/AN/A57251,963588
2019-04-22$37.92$35.0025.2%7.2%12.7%45.3%27.8%5.5%-3.6%158.3K-3.0M-8.7K1.8385.71N/AN/A41751,773587
2019-04-23$37.99$35.0027.3%7.8%12.7%51.2%29.4%4.2%-5.5%159.1K-3.0M-8.7K4.9487.04N/AN/A17841,783657
2019-04-24$38.19$35.0027.3%7.8%12.8%51.2%30.3%5.7%-5.4%164.4K-3.2M-8.9K12.0083.21N/AN/A7841,799659
2019-04-25$38.35$35.0028.1%8.1%12.6%53.6%30.6%5.9%-6.3%171.7K-3.2M-8.7K4.9487.20N/AN/A17841,805659
2019-04-26$38.39$35.0028.5%8.2%11.5%54.9%29.9%4.0%-6.8%169.8K-3.3M-8.7K0.9086.83N/AN/A1721541,805659
2019-04-29$38.34$35.0030.6%8.8%11.5%60.9%30.8%6.2%-8.2%180.4K-3.3M-8.6K0.5084.08N/AN/A421,895737
2019-04-30$38.42$35.0030.9%8.9%11.5%61.9%31.1%5.8%-8.6%191.6K-3.4M-8.7K0.0584.45N/AN/A8841,897737