OTEX Options History — December 2024

In December 2024, OTEX traded between $27.23 and $31.70. ATM implied volatility averaged 26.7%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded below realized volatility by 0.8% (HV 20d: 27.4%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 1.52.

Notable Days

  • 2024-12-17: Highest Volume — 671 contracts
  • 2024-12-13: Largest IV spike — 70.9% change
  • 2024-12-19: Highest IV Rank — 37.7%
  • 2024-12-19: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.27$27.23$31.70$30.23$28.30
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV26.7%15.9%31.9%25.2%27.1%
Expected Move7.6%4.6%9.1%7.2%7.8%
HV 20d27.4%22.8%29.9%26.6%27.8%
HV 60d33.5%32.3%34.5%32.3%34.3%
IV Rank23.7%0.0%37.7%17.4%26.4%
IV Percentile50.6%0.0%71.0%35.3%53.6%
Term Structure4.7%-5.4%16.7%0.6%6.0%
VWIV26.8%24.3%30.4%24.9%27.1%
Skew 25d0.4%-8.5%15.6%4.6%3.3%
Skew 10d1.1%-10.0%18.4%5.2%2.4%
Call IV 25d25.1%15.5%30.9%17.5%23.3%
Put IV 25d25.5%16.1%46.5%22.1%26.6%
Bid-Ask Spread %81.6656.65107.0379.4466.81
Gamma HHI0.340.200.660.230.41
Net GEX5.8K-173.2K55.5K11.1K50.3K
Net DEX-430.6K-2.8M2.9M-1.3M-693.8K
Net VEX-22.1K-28.8K-17.3K-19.9K-28.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.520.0010.821.450.92
Total Volume244.42917671304117
Total OI6,511.3334,3097,8606,6745,380

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$30.23$30.0025.2%7.2%26.6%17.4%24.9%4.6%0.6%11.1K-1.3M-19.9K1.4579.44N/AN/A1241804,0532,621
2024-12-03$30.69$30.0026.0%7.5%25.9%19.4%26.5%3.6%-0.3%16.7K-1.8M-20.5K10.8256.65N/AN/A111194,0682,720
2024-12-04$31.25$30.0027.8%8.0%26.2%24.0%28.0%1.7%-0.2%40.3K-2.5M-20.6K3.5078.18N/AN/A461614,0672,764
2024-12-05$31.70$30.0025.2%7.4%26.4%17.5%25.7%-3.7%5.4%51.3K-2.8M-21.3K0.4199.69N/AN/A59244,0852,883
2024-12-06$30.72$30.0027.7%7.6%29.1%23.7%26.5%12.1%5.5%11.0K-1.7M-21.2K0.22107.03N/AN/A226494,1042,883
2024-12-09$30.38$30.0026.8%7.4%29.2%21.4%25.5%-2.8%5.9%-3.7K-1.3M-21.0K0.4879.36N/AN/A21104,1322,851
2024-12-10$30.36$30.0027.6%7.3%28.6%23.5%25.6%1.5%6.6%18.0K-1.5M-21.3K2.3699.40N/AN/A36854,2972,851
2024-12-11$30.32$30.0026.8%7.7%28.5%21.4%26.8%3.0%6.0%17.8K-1.5M-21.1K0.7197.42N/AN/A59424,3292,796
2024-12-12$29.99$30.0015.9%4.6%28.4%0.0%26.7%-0.4%16.7%8.1K-888.4K-21.3K1.00105.98N/AN/A12124,3442,823
2024-12-13$29.62$30.0027.2%7.8%23.0%26.7%27.4%-8.5%5.5%3.9K-403.2K-20.9K0.0885.81N/AN/A10484,3442,820
2024-12-16$29.55$30.0028.1%8.0%22.8%28.7%28.1%-7.7%5.6%7.5K-425.7K-21.1K0.1880.33N/AN/A423764,4462,819
2024-12-17$28.62$30.0029.4%8.4%24.4%31.8%28.1%0.1%4.6%-3.8K1.4M-17.3K3.6980.46N/AN/A1435284,1582,866
2024-12-18$27.23$30.0025.6%7.3%29.9%22.9%29.4%-5.7%-5.4%-56.3K2.9M-19.4K0.5691.82N/AN/A2811574,2203,341
2024-12-19$27.31$30.0031.9%9.1%29.5%37.7%30.4%15.6%3.7%-61.5K2.5M-20.5K1.9782.75N/AN/A1392744,4153,346
2024-12-20$27.63$30.0028.1%8.0%29.3%28.7%27.4%-4.3%5.3%-173.2K2.1M-21.2K1.9377.81N/AN/A1082084,5163,344
2024-12-23$27.89$30.0028.4%8.1%29.5%29.5%28.1%-3.6%5.3%18.4K351.2K-22.1K0.2456.94N/AN/A238582,5851,724
2024-12-24$27.98$30.0026.1%7.5%27.7%24.0%25.3%-1.4%3.3%22.7K219.3K-23.1K0.2194.15N/AN/A296632,7421,734
2024-12-26$28.11$30.0026.1%7.5%27.9%24.1%26.0%-0.8%6.4%37.3K-225.7K-25.7K0.3170.87N/AN/A204643,0251,795
2024-12-27$28.23$30.0026.0%7.5%27.5%23.8%25.7%0.1%6.0%51.2K-629.0K-27.1K0.9859.81N/AN/A1771743,2271,848
2024-12-30$28.46$30.0026.9%7.7%27.8%25.9%24.3%2.0%6.3%55.5K-869.4K-28.8K0.0064.18N/AN/A1703,3821,990
2024-12-31$28.30$30.0027.1%7.8%27.8%26.4%27.1%3.3%6.0%50.3K-693.8K-28.5K0.9266.81N/AN/A61563,3901,990