REI Options History — October 2014

In October 2014, REI traded between $13.12 and $17.29. ATM implied volatility averaged 59.2%. The 30-day expected move averaged 13.2%. IV traded above realized volatility by 20.7% (HV 20d: 38.5%). Max pain ranged from $15.00 to $20.00. Net GEX was positive for 4 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 2.40.

Notable Days

  • 2014-10-31: Highest Volume — 333 contracts
  • 2014-10-24: Largest IV spike — 94.0% change
  • 2014-10-10: Largest Expected Move — 15.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.65$13.12$17.29$14.98$17.29
Max Pain$18.26$15.00$20.00$20.00$15.00
ATM IV59.2%34.3%123.5%123.5%56.9%
Expected Move13.2%10.6%15.8%14.9%13.5%
HV 20d38.5%24.3%53.9%28.2%53.9%
HV 60d33.4%28.3%37.3%29.2%37.3%
Term Structure-11.1%-112.5%16.4%-45.9%16.4%
VWIV47.0%38.0%53.8%38.1%41.2%
Skew 25d11.4%-9.4%51.7%30.8%42.8%
Skew 10d16.1%-5.3%80.2%21.4%15.9%
Call IV 25d50.9%31.0%120.8%120.8%32.3%
Put IV 25d62.2%31.0%151.6%151.6%75.1%
Bid-Ask Spread %110.4562.91187.59187.5991.10
Gamma HHI0.350.260.560.330.26
Net GEX-521-1.4K490-170303
Net DEX57.5K-41.8K123.4K39.3K-41.8K
Net VEX-609-894-301-634-787
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.400.006.140.002.08
Total Volume68.08703330333
Total OI253.87172302212302

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-10-01$14.98$20.00123.5%14.9%28.2%0.0%0.0%30.8%-45.9%-17039.3K-6340.00187.5900106106
2014-10-02$15.01$20.0036.8%10.9%25.2%0.0%38.1%3.2%0.0%-76369.3K-5100.0065.6310106106
2014-10-03$14.96$20.0036.0%10.6%24.6%0.0%0.0%3.1%-0.1%-15849.2K-3010.0072.05009676
2014-10-06$14.81$20.0055.6%13.7%24.6%0.0%0.0%-1.6%-8.7%5336.5K-4000.00140.07009676
2014-10-07$14.85$20.0034.3%10.7%24.7%0.0%0.0%0.8%-0.2%-59079.0K-4360.0082.4100106106
2014-10-08$14.76$20.0036.1%10.7%24.3%0.0%41.1%-9.4%9.1%-31667.7K-5144.0097.881456106106
2014-10-09$13.74$20.0070.0%13.1%33.6%0.0%44.9%-5.6%-19.1%-58084.6K-3970.00103.26050106106
2014-10-10$13.34$20.0091.2%15.8%33.9%0.0%0.0%6.9%1.6%-948103.2K-5730.00109.7100106155
2014-10-13$13.12$20.0061.1%12.1%33.6%0.0%0.0%9.3%-7.9%-1.4K123.4K-4340.00103.3700106155
2014-10-14$13.13$20.0049.7%13.7%33.7%0.0%42.0%13.8%-13.2%-1.1K116.1K-4696.14106.031486106155
2014-10-15$14.04$20.0080.4%13.2%42.7%0.0%49.0%20.2%-6.8%-85096.2K-6322.61122.373386106155
2014-10-16$14.62$17.5052.6%13.9%45.4%0.0%50.2%13.8%-3.7%-1.0K80.6K-7060.00109.39010126155
2014-10-17$14.33$17.5040.4%11.3%45.5%0.0%0.0%-0.5%-2.3%-82371.0K-6060.0062.9100126145
2014-10-20$14.24$17.5039.7%14.5%45.5%0.0%53.6%-9.2%-10.5%-94260.1K-6872.50121.913485126145
2014-10-21$14.55$17.5065.0%12.1%46.3%0.0%38.0%11.0%-7.4%-85074.3K-6252.5084.193485127145
2014-10-22$14.34$17.5055.0%13.3%46.5%0.0%51.8%9.6%-6.9%-60455.9K-6932.50132.163485127145
2014-10-23$14.66$17.5053.1%13.5%46.1%0.0%50.9%10.1%-9.9%-46358.7K-6972.50140.073485127145
2014-10-24$14.78$17.50102.9%11.4%45.6%0.0%52.2%6.6%-112.5%-64142.1K-7032.50130.493485127145
2014-10-27$14.74$17.5051.3%14.5%44.9%0.0%47.1%12.0%-9.9%-77266.1K-6510.00117.45300127145
2014-10-28$15.02$15.0035.3%15.8%44.4%0.0%0.0%51.7%5.1%354-10.4K-8940.00125.7600157145
2014-10-29$15.64$15.0061.9%15.3%46.3%0.0%53.8%25.8%-4.1%-2216.5K-8041.93118.774485157145
2014-10-30$15.97$15.0073.1%15.3%46.7%0.0%51.1%16.0%-19.4%490-5.8K-8511.93115.704485157145
2014-10-31$17.29$15.0056.9%13.5%53.9%0.0%41.2%42.8%16.4%303-41.8K-7872.0891.10108225157145