OTEX Options History — November 2024

In November 2024, OTEX traded between $28.19 and $30.45. ATM implied volatility averaged 27.8%, placing in the 23.9% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded below realized volatility by 19.4% (HV 20d: 47.2%). Max pain ranged from $30.00 to $32.50. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 3.45.

Notable Days

  • 2024-11-20: Highest Volume — 1,737 contracts
  • 2024-11-06: Largest IV drop — 24.8% change
  • 2024-11-04: Highest IV Rank — 47.6%
  • 2024-11-01: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.41$28.19$30.45$29.06$30.45
Max Pain$31.38$30.00$32.50$30.00$30.00
ATM IV27.8%21.3%37.3%32.1%26.7%
Expected Move7.7%7.2%9.2%9.2%7.6%
HV 20d47.2%29.6%51.0%45.5%29.6%
HV 60d31.5%30.4%32.4%31.4%32.4%
IV Rank23.9%7.6%47.6%34.8%21.0%
IV Percentile53.7%4.8%86.9%71.8%56.0%
Term Structure1.5%-11.8%9.5%-3.9%-8.4%
VWIV27.5%24.7%32.1%32.1%26.8%
Skew 25d2.7%-5.9%9.3%-5.9%4.9%
Skew 10d4.6%-7.8%20.2%3.6%11.2%
Call IV 25d25.2%19.2%28.8%28.8%25.6%
Put IV 25d27.9%21.0%32.5%22.8%30.5%
Bid-Ask Spread %91.2478.94108.7978.9491.98
Gamma HHI0.300.180.380.290.18
Net GEX-48.1K-80.0K33.2K-50.1K33.2K
Net DEX1.0M-1.5M2.6M2.0M-1.5M
Net VEX-13.9K-20.9K-9.0K-12.9K-20.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.450.0331.000.880.32
Total Volume214.5191,7376233
Total OI6,757.25,0827,4257,2596,712

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$29.06$30.0032.1%9.2%45.5%34.8%32.1%-5.9%-3.9%-50.1K2.0M-12.9K0.8878.94N/AN/A33294,4422,817
2024-11-04$28.55$32.5037.3%7.9%45.7%47.6%30.3%6.6%6.3%-66.4K2.6M-11.6K31.0094.52N/AN/A1314,4362,852
2024-11-05$28.95$32.5035.1%8.3%45.9%42.1%28.4%0.5%3.1%-63.5K2.3M-12.1K0.1496.04N/AN/A5684,4352,879
2024-11-06$29.20$32.5026.4%7.5%45.6%20.4%0.0%9.3%4.8%-54.9K2.2M-12.5K0.19100.03N/AN/A1634,4862,885
2024-11-07$29.55$32.5021.3%7.3%46.0%7.6%30.1%3.3%2.5%-72.6K1.4M-11.9K1.0288.85N/AN/A91934,4962,691
2024-11-08$29.30$32.5024.0%7.4%45.9%14.5%27.1%2.8%4.0%-68.2K1.7M-11.5K0.1693.81N/AN/A80134,5752,708
2024-11-11$29.82$32.5029.5%7.4%46.7%28.1%27.8%3.4%4.4%-62.0K1.1M-11.6K2.5086.00N/AN/A8204,6492,701
2024-11-12$30.02$32.5031.0%7.4%46.9%31.9%26.1%4.0%4.5%-57.3K846.4K-11.6K0.0582.85N/AN/A6634,6522,712
2024-11-13$30.41$32.5025.9%7.4%46.8%19.1%24.7%2.3%2.6%-41.0K251.2K-11.7K0.4086.07N/AN/A137554,6592,714
2024-11-14$29.00$32.5025.6%7.3%49.1%18.4%26.2%2.0%9.5%-76.7K2.2M-10.2K0.4993.10N/AN/A53264,6862,739
2024-11-15$28.81$32.5027.0%7.7%48.9%21.9%27.2%4.1%-11.8%-77.5K2.0M-10.1K1.1379.02N/AN/A38434,7202,605
2024-11-18$28.19$32.5028.0%8.0%49.0%24.4%28.0%2.2%2.7%-80.0K2.3M-9.0K1.3085.61N/AN/A1662152,9242,158
2024-11-19$28.52$30.0029.5%8.4%49.5%28.1%29.4%3.9%6.4%-77.4K2.0M-11.1K26.2289.31N/AN/A92363,0892,234
2024-11-20$28.86$30.0028.0%8.0%49.9%24.3%28.0%6.7%-0.9%-74.2K1.7M-11.6K0.0386.60N/AN/A1,686513,0902,405
2024-11-21$29.27$30.0027.1%7.8%50.0%22.2%29.3%1.7%-0.0%-31.0K240.0K-18.1K0.1890.97N/AN/A171303,6182,452
2024-11-22$29.45$30.0025.5%7.3%50.2%18.1%25.5%7.6%1.8%-44.2K161.0K-19.4K1.5096.60N/AN/A801203,7622,470
2024-11-25$30.20$30.0025.4%7.3%50.8%18.0%25.3%1.7%0.6%-14.6K-859.6K-19.5K0.28100.87N/AN/A188533,8382,552
2024-11-26$30.09$30.0025.1%7.2%50.8%17.2%25.1%-4.8%1.4%1.2K-840.8K-19.6K0.59108.79N/AN/A2071233,9632,546
2024-11-27$30.43$30.0025.6%7.3%51.0%18.4%25.3%-2.4%0.6%16.0K-1.3M-20.8K0.5894.88N/AN/A1274,1342,658
2024-11-29$30.45$30.0026.7%7.6%29.6%21.0%26.8%4.9%-8.4%33.2K-1.5M-20.9K0.3291.98N/AN/A2584,0512,661