OTEX Options History — August 2024

In August 2024, OTEX traded between $28.44 and $32.75. ATM implied volatility averaged 27.6%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded below realized volatility by 7.9% (HV 20d: 35.5%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 2.52.

Notable Days

  • 2024-08-02: Highest Volume — 660 contracts
  • 2024-08-06: Largest IV drop — 36.7% change
  • 2024-08-01: Highest IV Rank — 94.3%
  • 2024-08-01: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.03$28.44$32.75$30.41$31.74
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV27.6%22.0%48.3%48.3%23.0%
Expected Move7.7%6.3%13.9%13.9%6.6%
HV 20d35.5%22.1%39.3%22.1%26.1%
HV 60d27.0%21.1%28.5%21.1%27.3%
IV Rank37.6%22.2%94.3%94.3%25.0%
IV Percentile44.7%13.1%99.6%99.6%17.5%
Term Structure3.7%-8.6%17.3%-8.6%1.2%
VWIV28.8%22.2%52.0%52.0%23.0%
Skew 25d4.6%0.4%11.2%9.9%1.2%
Skew 10d14.1%1.2%46.5%18.2%4.7%
Call IV 25d26.7%20.9%46.7%46.7%25.2%
Put IV 25d31.3%24.4%56.6%56.6%26.4%
Bid-Ask Spread %78.8037.4492.5137.4461.15
Gamma HHI0.350.250.500.250.33
Net GEX-15.1K-233.0K178.2K-86.3K99.4K
Net DEX-794.7K-3.6M4.0M841.4K-2.2M
Net VEX-31.9K-40.1K-27.8K-40.1K-28.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.520.1123.333.241.39
Total Volume129.13610660144292
Total OI11,252.3188,60413,52813,1958,929

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$30.41$30.0048.3%13.9%22.1%94.3%52.0%9.9%-8.6%-86.3K841.4K-40.1K3.2437.44N/AN/A341106,8866,309
2024-08-02$28.44$30.0035.7%10.2%32.2%59.8%45.7%8.8%17.3%-208.7K4.0M-35.6K5.8874.90N/AN/A965646,9116,310
2024-08-05$28.73$30.0042.1%9.0%32.6%77.2%37.0%11.2%15.3%-198.0K3.0M-37.6K0.3882.33N/AN/A84326,9306,220
2024-08-06$28.95$30.0026.6%6.9%32.8%34.9%28.6%8.8%5.8%-200.2K2.8M-34.4K8.0680.74N/AN/A171376,9516,219
2024-08-07$28.92$30.0030.6%9.0%32.6%45.6%31.8%4.9%2.6%-213.7K3.2M-34.3K0.1473.32N/AN/A287406,9506,221
2024-08-08$30.18$30.0028.8%8.4%36.2%40.9%29.3%9.6%4.5%-154.7K878.6K-35.8K0.2885.09N/AN/A43127,1426,221
2024-08-09$30.14$30.0026.5%8.1%36.2%34.5%28.2%5.3%3.5%-180.9K606.2K-35.1K1.0065.81N/AN/A557,1866,210
2024-08-12$29.82$30.0029.5%8.0%35.8%42.7%27.4%3.3%6.8%-233.0K1.5M-33.1K0.4887.74N/AN/A29147,1866,215
2024-08-13$30.87$30.0034.5%7.8%37.2%56.3%25.5%3.9%5.0%-118.5K-672.6K-32.6K1.4385.06N/AN/A14207,1926,251
2024-08-14$30.89$30.0026.5%7.6%37.0%34.5%27.8%4.5%5.4%-100.4K-875.0K-31.6K0.9476.04N/AN/A18177,1956,250
2024-08-15$31.76$30.0023.9%6.8%37.8%27.3%25.5%2.1%4.9%26.1K-2.3M-32.2K2.0081.09N/AN/A44887,2116,244
2024-08-16$31.98$30.0023.4%6.7%37.9%26.1%25.2%2.5%1.6%58.5K-2.9M-31.0K0.3789.42N/AN/A60227,2106,318
2024-08-19$32.34$30.0022.5%6.4%37.7%23.5%22.2%3.6%2.1%131.2K-3.0M-29.1K0.2178.46N/AN/A68144,1044,500
2024-08-20$31.76$30.0023.0%6.6%38.4%25.0%24.0%3.2%1.1%41.2K-2.2M-28.9K0.5673.51N/AN/A1694,1304,510
2024-08-21$32.11$30.0022.9%6.6%38.1%24.6%22.6%2.5%2.5%148.4K-2.7M-28.9K0.1192.51N/AN/A7684,1404,514
2024-08-22$31.80$30.0023.4%6.7%38.3%26.1%0.0%2.1%2.1%51.7K-2.2M-29.9K0.2187.42N/AN/A1434,1854,518
2024-08-23$32.53$30.0022.0%6.3%39.0%22.2%25.1%2.9%1.9%169.8K-3.3M-29.0K0.2077.10N/AN/A59124,1914,518
2024-08-26$32.75$30.0024.5%7.0%38.8%29.0%23.8%2.6%1.0%178.2K-3.6M-29.4K0.3490.33N/AN/A222764,1974,518
2024-08-27$32.59$30.0023.6%6.8%38.9%26.6%27.6%2.9%1.7%172.2K-3.3M-29.1K23.3383.93N/AN/A3704,2824,592
2024-08-28$32.03$30.0023.6%6.8%39.3%26.5%23.6%4.9%2.2%144.8K-2.5M-27.8K3.6090.81N/AN/A10364,2794,588
2024-08-29$31.98$30.0023.1%6.6%36.5%25.1%29.5%0.4%1.2%140.3K-2.4M-28.1K1.3579.39N/AN/A26354,2994,619
2024-08-30$31.74$30.0023.0%6.6%26.1%25.0%23.0%1.2%1.2%99.4K-2.2M-28.5K1.3961.15N/AN/A1221704,2944,635