OTEX Options History — April 2022

In April 2022, OTEX traded between $39.43 and $43.21. ATM implied volatility averaged 40.9%, placing in the 50.7% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 14.1% (HV 20d: 26.8%). 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 0 of 20 days. Put/call ratio averaged 0.47.

Notable Days

  • 2022-04-29: Highest Volume — 947 contracts
  • 2022-04-13: Largest IV drop — 70.5% change
  • 2022-04-01: Highest IV Rank — 100.0%
  • 2022-04-25: Largest Expected Move — 10.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.80$39.43$43.21$42.37$40.29
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV40.9%25.6%90.5%52.8%36.5%
Expected Move8.9%7.0%10.5%8.3%10.5%
HV 20d26.8%22.1%33.3%28.2%33.3%
HV 60d27.3%25.7%30.2%25.7%30.2%
IV Rank50.7%19.6%100.0%100.0%33.2%
IV Percentile90.2%63.5%100.0%100.0%91.7%
Term Structure-4.1%-20.6%-0.5%-20.6%-3.8%
VWIV31.1%26.0%37.2%29.3%36.4%
Skew 25d7.4%1.1%20.6%20.6%4.2%
Skew 10d15.9%0.4%31.6%27.6%7.6%
Call IV 25d29.5%24.2%40.2%34.5%36.4%
Put IV 25d36.9%29.3%55.1%55.1%40.6%
Bid-Ask Spread %94.9187.99103.5094.1493.57
Gamma HHI0.510.420.650.510.59
Net GEX-368.3K-392.2K-326.7K-380.1K-363.5K
Net DEX5.7M4.7M7.9M5.3M7.1M
Net VEX-16.7K-18.7K-12.8K-18.2K-13.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.001.070.830.12
Total Volume591.81947231947
Total OI4,056.33,6404,4223,6404,422

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$42.37$45.0052.8%8.3%28.2%100.0%29.3%20.6%-20.6%-380.1K5.3M-18.2K0.8394.14N/AN/A1261055903,050
2022-04-04$43.21$45.0034.8%7.0%29.0%58.2%26.0%4.2%-0.5%-391.5K4.7M-17.2K0.9992.55N/AN/A1081075913,050
2022-04-05$43.05$45.0038.2%7.3%28.7%66.1%30.3%3.2%-1.4%-367.2K4.7M-17.7K1.0794.81N/AN/A1011085943,052
2022-04-06$42.29$45.0039.4%8.9%25.8%68.9%35.1%7.7%-3.6%-375.8K5.6M-17.7K1.0492.37N/AN/A1041085983,054
2022-04-07$42.66$45.0047.7%7.4%25.8%88.2%29.6%8.1%-1.3%-370.8K5.1M-17.7K1.0687.99N/AN/A1041106013,058
2022-04-08$42.66$45.0049.2%7.9%24.8%91.6%29.3%3.6%-3.2%-376.6K5.1M-17.3K1.0791.73N/AN/A1031106013,058
2022-04-11$41.96$45.0073.0%9.2%24.5%100.0%29.9%7.6%-5.5%-388.1K5.9M-16.2K1.0091.32N/AN/A1031036043,059
2022-04-12$42.19$45.0090.5%9.1%24.3%100.0%30.0%6.2%-3.4%-386.0K5.6M-16.2K1.0392.12N/AN/A1031066063,059
2022-04-13$42.95$45.0026.7%7.7%22.1%21.1%28.8%4.8%-1.6%-392.2K4.9M-15.8K0.13101.32N/AN/A8161066063,062
2022-04-14$41.70$45.0030.8%8.8%24.0%26.1%29.4%6.0%-3.1%-360.7K5.8M-18.4K0.1394.47N/AN/A8251061,3413,062
2022-04-18$41.14$45.0031.7%9.1%23.5%27.2%31.3%10.3%-6.7%-358.6K5.8M-18.7K0.1298.30N/AN/A823971,2903,053
2022-04-19$42.11$45.0030.4%8.7%25.1%25.6%27.4%4.6%-2.2%-379.3K5.3M-17.8K0.1293.80N/AN/A822971,3013,053
2022-04-20$42.62$45.0025.6%7.3%24.9%19.6%26.5%4.4%-1.3%-374.6K4.7M-17.9K0.1289.39N/AN/A822971,3233,053
2022-04-21$42.15$45.0033.2%9.5%24.2%29.0%29.5%6.2%-3.6%-360.1K5.2M-17.8K0.1288.06N/AN/A822981,3233,053
2022-04-22$41.12$45.0033.1%9.5%25.5%28.9%32.6%8.4%-2.8%-361.2K6.2M-16.8K0.1297.21N/AN/A808981,3233,054
2022-04-25$41.77$45.0036.6%10.5%26.0%33.3%36.5%8.3%-4.9%-352.6K5.5M-17.4K0.12102.55N/AN/A807981,3303,054
2022-04-26$39.49$45.0036.3%10.4%32.5%32.8%37.2%13.5%-4.4%-326.7K7.9M-13.0K0.1298.86N/AN/A814981,3393,055
2022-04-27$39.43$45.0036.0%10.3%31.1%32.6%0.0%1.1%-3.9%-332.6K7.9M-12.8K0.00103.50N/AN/A101,3473,055
2022-04-28$40.75$45.0035.8%10.3%33.2%32.3%36.2%15.3%-3.4%-367.5K6.4M-15.8K0.12100.14N/AN/A827981,3473,055
2022-04-29$40.29$45.0036.5%10.5%33.3%33.2%36.4%4.2%-3.8%-363.5K7.1M-13.8K0.1293.57N/AN/A8461011,3673,055