OTEX Options History — January 2022

In January 2022, OTEX traded between $45.47 and $47.75. ATM implied volatility averaged 29.3%, placing in the 58.4% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 10.2% (HV 20d: 19.1%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 7.45.

Notable Days

  • 2022-01-26: Highest Volume — 3,604 contracts
  • 2022-01-31: Largest IV drop — 28.7% change
  • 2022-01-28: Highest IV Rank — 94.2%
  • 2022-01-28: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.49$45.47$47.75$47.26$47.75
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV29.3%19.5%41.4%19.5%29.5%
Expected Move8.6%5.6%11.9%5.6%8.5%
HV 20d19.1%16.6%20.9%20.7%20.9%
HV 60d20.1%19.1%21.5%19.1%21.5%
IV Rank58.4%29.0%94.2%29.0%58.9%
IV Percentile78.8%30.6%99.6%30.6%90.1%
Term Structure-3.2%-13.3%6.7%6.7%-3.4%
VWIV28.7%19.2%38.0%19.2%33.4%
Skew 25d7.5%-0.4%21.6%-0.4%9.5%
Skew 10d16.4%1.4%40.8%1.4%22.6%
Call IV 25d25.8%18.0%34.7%19.3%28.5%
Put IV 25d33.4%18.9%53.1%18.9%38.0%
Bid-Ask Spread %76.6420.5197.4196.1082.29
Gamma HHI0.610.360.790.620.36
Net GEX-293.8K-463.1K-170.5K-211.0K-257.4K
Net DEX3.6M2.1M7.6M2.6M3.2M
Net VEX-26.5K-48.0K-21.8K-24.2K-29.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.450.2925.240.4725.24
Total Volume1,2451553,6041983,568
Total OI4,069.353,1626,2523,4084,934

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$47.26$45.0019.5%5.6%20.7%29.0%19.2%-0.4%6.7%-211.0K2.6M-24.2K0.4796.10N/AN/A135631,0412,367
2022-01-04$46.94$45.0021.8%6.3%17.9%36.0%22.0%1.2%3.7%-214.2K2.8M-24.5K4.3979.36N/AN/A1416191,0372,369
2022-01-05$45.52$45.0022.4%6.4%20.2%37.8%22.8%3.8%2.3%-372.8K4.3M-25.5K0.4295.72N/AN/A146621,0352,662
2022-01-06$45.47$45.0021.8%7.4%20.0%36.0%24.7%5.4%-1.2%-391.2K4.6M-25.3K0.2977.84N/AN/A157451,0512,680
2022-01-07$46.16$45.0022.5%7.4%20.5%38.1%24.7%4.9%-1.4%-345.2K3.8M-25.5K0.3375.45N/AN/A168551,0822,675
2022-01-10$45.88$45.0024.9%8.4%20.5%45.3%25.6%9.2%-4.0%-356.6K3.9M-25.0K0.3277.07N/AN/A160511,0822,680
2022-01-11$46.49$45.0024.0%7.9%20.7%42.6%24.0%5.0%-2.3%-332.2K3.3M-24.2K0.3175.77N/AN/A138431,1032,687
2022-01-12$46.64$45.0027.3%7.8%20.2%52.2%24.2%6.0%-2.6%-314.8K3.3M-24.3K0.3869.34N/AN/A112431,1032,686
2022-01-13$47.24$45.0031.5%9.0%20.2%64.9%25.1%7.9%-9.4%-254.4K2.3M-23.9K0.4947.13N/AN/A121591,1062,686
2022-01-14$47.37$45.0030.5%8.8%19.6%61.9%25.1%7.4%-6.9%-170.5K2.1M-22.9K0.4972.10N/AN/A120591,1122,703
2022-01-18$47.14$45.0029.8%8.5%19.7%59.8%27.5%5.6%1.3%-191.4K2.2M-21.8K0.6020.51N/AN/A122731,1142,703
2022-01-19$46.61$45.0027.9%8.0%19.2%53.9%26.7%4.7%-2.8%-347.3K3.1M-22.2K0.6036.46N/AN/A122731,1162,711
2022-01-20$46.84$45.0030.5%8.7%17.7%61.7%28.9%5.6%-3.5%-285.1K2.7M-22.1K0.5277.24N/AN/A140731,1152,711
2022-01-21$46.50$45.0033.4%9.6%17.6%70.4%33.4%9.1%-7.4%-199.1K2.7M-21.9K0.7697.32N/AN/A1321001,1352,714
2022-01-24$46.52$45.0038.2%11.0%17.2%84.7%37.7%10.8%-5.6%-172.8K3.2M-22.0K22.7090.36N/AN/A1523,4509472,215
2022-01-25$45.89$45.0037.7%10.8%17.1%83.1%38.0%7.9%-5.1%-463.1K7.6M-48.0K22.0593.45N/AN/A1563,4409625,290
2022-01-26$45.54$45.0036.7%10.5%16.9%80.3%37.8%21.6%-6.3%-342.4K5.2M-33.3K23.3597.41N/AN/A1483,4569543,962
2022-01-27$45.53$45.0035.4%10.2%16.6%76.4%37.5%12.1%-3.6%-351.5K5.3M-33.6K24.0092.32N/AN/A1443,4569563,962
2022-01-28$46.60$45.0041.4%11.9%18.8%94.2%35.2%13.1%-13.3%-302.9K4.1M-30.8K21.2179.58N/AN/A1623,4369823,957
2022-01-31$47.75$45.0029.5%8.5%20.9%58.9%33.4%9.5%-3.4%-257.4K3.2M-29.9K25.2482.29N/AN/A1363,4329823,952