OTEX Options History — July 2024

In July 2024, OTEX traded between $29.95 and $31.66. ATM implied volatility averaged 36.3%, placing in the 61.4% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 16.6% (HV 20d: 19.7%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 2.49.

Notable Days

  • 2024-07-29: Highest Volume — 2,389 contracts
  • 2024-07-10: Largest IV spike — 32.1% change
  • 2024-07-31: Highest IV Rank — 88.2%
  • 2024-07-31: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.11$29.95$31.66$29.95$31.62
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV36.3%25.3%46.1%25.3%46.1%
Expected Move10.7%7.2%13.2%7.2%13.2%
HV 20d19.7%17.6%24.6%23.7%17.9%
HV 60d36.3%19.6%37.4%36.9%19.6%
IV Rank61.4%31.1%88.2%31.1%88.2%
IV Percentile83.1%43.3%98.8%43.3%98.8%
Term Structure-3.4%-12.2%9.4%9.4%-12.2%
VWIV36.8%25.3%45.8%26.6%44.7%
Skew 25d4.5%0.5%8.9%1.7%0.5%
Skew 10d8.9%-27.4%21.1%3.0%-4.3%
Call IV 25d35.2%23.9%44.6%26.8%44.4%
Put IV 25d39.7%26.4%48.7%28.5%44.9%
Bid-Ask Spread %72.7957.9588.9063.5277.70
Gamma HHI0.320.260.400.380.26
Net GEX-34.1K-133.3K67.8K-133.3K-14.7K
Net DEX-1.1M-2.5M646.8K646.8K-1.1M
Net VEX-33.4K-40.3K-31.4K-32.8K-39.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.490.0011.380.820.04
Total Volume271.727122,3896250
Total OI11,058.45510,22113,15710,37113,157

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$29.95$30.0025.3%7.2%23.7%31.1%26.6%1.7%9.4%-133.3K646.8K-32.8K0.8263.52N/AN/A34286,1334,238
2024-07-02$30.55$30.0025.5%7.3%24.6%31.7%25.3%4.4%8.3%-107.1K-183.1K-33.1K0.0073.53N/AN/A6206,1474,264
2024-07-03$31.07$30.0026.6%7.6%20.6%34.7%25.8%1.7%7.5%-58.4K-1.2M-33.4K0.1787.19N/AN/A144246,1744,264
2024-07-05$30.93$30.0026.5%9.9%20.9%34.4%33.7%2.9%-1.9%-80.3K-1.0M-34.0K3.1171.96N/AN/A531656,2124,278
2024-07-08$30.89$30.0026.0%9.7%21.0%33.2%34.3%3.5%-0.3%-106.7K-634.9K-33.0K0.0370.54N/AN/A391116,2254,440
2024-07-09$30.88$30.0027.2%9.9%19.8%36.3%34.6%6.7%-2.0%-125.5K-643.3K-33.4K2.1461.82N/AN/A1192556,2694,537
2024-07-10$31.13$30.0035.9%10.3%19.1%60.2%41.6%5.1%-1.3%-100.5K-1.0M-33.6K0.0063.12N/AN/A0396,3484,792
2024-07-11$31.44$30.0036.2%10.4%19.0%61.1%33.2%4.8%-3.2%-89.0K-1.5M-33.3K0.5368.44N/AN/A1586,3484,822
2024-07-12$31.59$30.0035.4%10.2%18.2%58.9%35.5%3.6%-2.6%-12.0K-2.0M-32.9K11.3873.14N/AN/A242736,3564,828
2024-07-15$30.99$30.0040.3%11.5%19.7%72.1%37.8%8.9%-6.3%-125.3K-1.1M-33.7K0.5768.15N/AN/A54316,3475,082
2024-07-16$31.66$30.0036.9%10.6%20.6%62.9%35.2%2.5%-2.8%44.4K-2.5M-32.5K0.0367.00N/AN/A3316,3665,099
2024-07-17$31.30$30.0038.7%11.1%20.1%67.9%38.5%0.6%-3.9%-37.0K-1.5M-32.2K0.2181.13N/AN/A78166,3595,099
2024-07-18$30.81$30.0038.6%11.1%20.0%67.5%37.3%6.4%-3.4%-70.1K-1.1M-31.7K3.6175.86N/AN/A281016,3655,111
2024-07-19$30.85$30.0038.6%11.1%20.0%67.5%38.4%4.8%-4.9%14.9K-1.3M-31.4K6.3388.55N/AN/A3196,3745,205
2024-07-22$31.31$30.0040.5%11.6%18.7%72.9%38.1%6.8%-7.3%32.2K-950.0K-31.7K0.9979.75N/AN/A1711696,0324,189
2024-07-23$31.38$30.0039.9%11.4%17.6%71.1%41.9%5.8%-4.9%67.8K-1.7M-31.9K11.0088.90N/AN/A1116,2044,155
2024-07-24$30.94$30.0040.9%11.7%18.3%73.8%40.8%5.8%-9.9%29.6K-1.0M-32.2K1.0070.75N/AN/A33336,2044,157
2024-07-25$31.20$30.0042.0%12.1%18.4%77.0%43.4%5.9%-6.2%42.0K-1.1M-31.4K0.6462.43N/AN/A4182676,2294,192
2024-07-26$31.45$30.0042.8%12.3%18.4%79.0%36.6%7.6%-9.5%60.2K-1.6M-33.7K0.2657.95N/AN/A194516,5084,311
2024-07-29$31.20$30.0043.4%12.5%18.7%80.8%39.6%6.0%-8.5%55.2K-1.4M-32.6K8.6767.57N/AN/A2472,1426,5644,288
2024-07-30$31.24$30.0046.1%13.2%18.7%88.0%45.8%4.1%-8.7%-37.5K-547.7K-40.3K0.7882.32N/AN/A102806,7406,274
2024-07-31$31.62$30.0046.1%13.2%17.9%88.2%44.7%0.5%-12.2%-14.7K-1.1M-39.9K0.0477.70N/AN/A4826,8486,309