OTEX Options History — June 2023

In June 2023, OTEX traded between $40.12 and $42.93. ATM implied volatility averaged 23.6%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 0.5% (HV 20d: 23.1%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 2.97.

Notable Days

  • 2023-06-21: Highest Volume — 1,246 contracts
  • 2023-06-13: Largest IV spike — 157.8% change
  • 2023-06-13: Highest IV Rank — 71.1%
  • 2023-06-07: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.47$40.12$42.93$41.58$41.59
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV23.6%16.8%58.5%20.1%22.3%
Expected Move6.2%4.7%9.4%5.8%6.4%
HV 20d23.1%17.0%49.6%49.6%19.0%
HV 60d32.1%31.2%33.8%33.8%31.6%
IV Rank14.4%3.2%71.1%8.7%12.2%
IV Percentile15.5%0.4%99.6%2.4%10.7%
Term Structure4.9%-1.6%11.6%5.9%4.3%
VWIV22.4%14.3%37.6%37.6%22.1%
Skew 25d2.9%-7.5%14.9%-3.2%-0.1%
Skew 10d10.4%-1.3%80.6%80.6%10.2%
Call IV 25d21.9%16.7%33.5%25.7%21.9%
Put IV 25d24.9%19.7%38.9%22.5%21.8%
Bid-Ask Spread %89.7071.5899.9999.9990.29
Gamma HHI0.400.320.460.420.39
Net GEX56.6K35.5K75.7K47.8K51.5K
Net DEX-2.8M-3.6M-2.2M-2.3M-3.1M
Net VEX-12.5K-19.4K-7.2K-8.0K-19.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.970.0058.330.000.21
Total Volume103.04831,2461046
Total OI2,329.3811,6453,4581,6453,458

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$41.58$40.0020.1%5.8%49.6%8.7%0.0%-3.2%5.9%47.8K-2.3M-8.0K0.0099.99N/AN/A100911734
2023-06-02$42.05$40.0020.5%5.9%47.9%9.3%37.6%-7.5%11.6%48.0K-2.4M-8.2K0.0090.10N/AN/A30921734
2023-06-05$42.61$40.0018.1%6.0%21.3%5.4%28.9%9.1%-1.6%52.0K-2.7M-7.2K0.0196.92N/AN/A851929734
2023-06-06$42.93$40.0030.6%6.1%21.3%25.7%22.2%0.5%3.1%49.6K-2.7M-7.3K0.1788.95N/AN/A6912913735
2023-06-07$41.77$40.0025.2%9.4%23.7%17.0%22.6%10.3%0.1%47.9K-2.4M-8.9K0.0087.37N/AN/A70960731
2023-06-08$41.59$40.0027.6%6.8%23.7%20.8%0.0%2.4%1.9%46.3K-2.4M-8.9K0.0088.19N/AN/A2260964727
2023-06-09$42.11$40.0016.8%6.5%20.9%3.2%20.3%2.9%3.9%75.7K-3.5M-11.4K0.0071.81N/AN/A801,263727
2023-06-12$42.66$40.0022.7%4.7%21.2%12.9%19.9%2.6%3.7%73.0K-3.6M-10.8K0.0082.33N/AN/A2601,263727
2023-06-13$42.42$40.0058.5%6.6%21.1%71.1%21.5%1.1%1.6%75.3K-3.6M-10.8K0.0877.34N/AN/A1211,276727
2023-06-14$41.97$40.0023.1%6.6%21.6%13.5%24.2%1.3%4.7%73.0K-3.5M-11.0K0.0095.47N/AN/A601,289727
2023-06-15$41.94$40.0018.5%5.3%21.6%6.0%0.0%1.3%11.4%73.2K-3.5M-11.1K0.0094.80N/AN/A401,291727
2023-06-16$41.30$40.0022.7%6.5%21.7%12.8%21.4%3.7%6.8%74.4K-3.3M-11.1K0.1471.58N/AN/A711,293727
2023-06-20$41.13$40.0021.7%6.2%21.7%11.2%21.7%2.7%8.0%70.8K-3.1M-11.0K0.0481.93N/AN/A2511,260694
2023-06-21$40.63$40.0021.6%6.2%21.8%11.0%14.3%4.5%5.3%69.4K-2.9M-11.2K58.3398.45N/AN/A211,2251,272695
2023-06-22$40.45$40.0020.4%5.8%19.3%9.1%20.4%14.9%4.7%41.7K-2.4M-17.7K0.0093.14N/AN/A1001,2801,920
2023-06-23$40.12$40.0019.5%5.6%19.0%7.7%19.5%2.7%6.3%35.5K-2.2M-17.0K0.0099.56N/AN/A1601,2771,920
2023-06-26$40.16$40.0021.2%6.1%17.9%10.4%21.4%1.5%4.8%42.7K-2.2M-19.4K1.5098.59N/AN/A231,2871,920
2023-06-27$40.55$40.0021.1%6.0%17.0%10.2%20.5%4.5%6.0%47.0K-2.5M-17.3K1.4687.25N/AN/A61891,2871,921
2023-06-28$40.71$40.0022.5%6.4%17.0%12.6%22.6%5.3%5.4%39.2K-2.4M-17.5K0.0899.12N/AN/A11691,2921,998
2023-06-29$40.64$40.0021.6%6.2%17.0%11.1%0.0%1.1%4.9%53.9K-2.8M-17.5K0.2990.46N/AN/A48141,4052,001
2023-06-30$41.59$40.0022.3%6.4%19.0%12.2%22.1%-0.1%4.3%51.5K-3.1M-19.4K0.2190.29N/AN/A3881,4432,015