S Options History — October 2013

In October 2013, S traded between $5.97 and $6.93. ATM implied volatility averaged 42.8%, placing in the 43.4% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 12.7% (HV 20d: 30.1%). Max pain ranged from $4.00 to $7.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 2.15.

Notable Days

  • 2013-10-29: Highest Volume — 35,762 contracts
  • 2013-10-25: Largest IV spike — 40.6% change
  • 2013-10-29: Highest IV Rank — 80.3%
  • 2013-10-14: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.35$5.97$6.93$6.29$6.73
Max Pain$5.55$4.00$7.00$6.00$7.00
ATM IV42.8%34.3%68.9%44.8%35.4%
Expected Move11.2%9.5%12.1%10.2%11.7%
HV 20d30.1%27.3%33.3%30.0%33.0%
HV 60d35.1%27.2%43.0%42.8%28.7%
IV Rank43.4%31.4%80.3%46.2%33.1%
IV Percentile89.2%78.6%99.6%93.3%80.2%
Term Structure0.1%-5.7%7.9%5.2%1.1%
VWIV39.5%33.3%44.3%35.9%40.9%
Skew 25d3.0%-3.9%11.3%-1.7%5.0%
Skew 10d9.0%-16.0%86.4%-2.7%8.9%
Call IV 25d37.6%23.7%43.0%37.8%32.6%
Put IV 25d40.6%27.4%44.6%36.2%37.6%
Bid-Ask Spread %13.734.2563.125.1211.95
Gamma HHI0.350.310.500.320.36
Net GEX400.1K-142.1K1.0M616.9K538.7K
Net DEX-21.7M-47.6M-7.0M-21.6M-38.2M
Net VEX-203.8K-260.7K-181.7K-191.9K-260.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.150.1027.101.220.14
Total Volume9,718.69680935,7626,3723,380
Total OI194,690.826161,281266,801161,281266,801

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-10-01$6.29$6.0044.8%10.2%30.0%46.2%35.9%-1.7%5.2%616.9K-21.6M-191.9K1.225.12N/AN/A2,8743,498114,27947,002
2013-10-02$6.35$6.0050.1%9.8%30.3%53.8%34.3%11.3%6.5%608.4K-22.1M-196.5K1.306.12N/AN/A696904114,52050,066
2013-10-03$6.29$6.0036.9%9.5%29.1%35.1%33.3%7.9%7.9%566.5K-21.0M-195.1K3.024.25N/AN/A3881,171115,06750,955
2013-10-04$6.44$6.0034.5%11.7%30.5%31.7%39.9%1.8%-0.9%654.3K-24.2M-197.8K0.106.94N/AN/A1,685174115,17451,584
2013-10-07$6.38$6.0041.9%11.8%30.1%42.1%40.6%2.7%-1.7%589.6K-22.4M-193.1K0.465.82N/AN/A554255115,08451,557
2013-10-08$6.13$6.0034.3%11.7%33.3%31.4%41.7%2.1%-1.3%450.3K-15.6M-188.7K1.085.42N/AN/A1,1671,263114,49151,758
2013-10-09$6.00$6.0034.7%11.1%32.2%32.0%40.0%3.2%0.8%362.9K-11.1M-181.9K0.595.89N/AN/A955566115,24752,608
2013-10-10$5.97$6.0040.1%11.5%29.8%39.6%40.1%3.6%-0.9%327.8K-10.7M-181.7K0.115.75N/AN/A4,128474115,65052,906
2013-10-11$6.00$6.0037.9%10.9%29.9%36.6%37.9%3.5%1.5%346.9K-11.7M-184.8K0.575.26N/AN/A2,9061,671118,31253,260
2013-10-14$6.03$0.0037.0%12.1%30.0%35.3%44.3%3.1%2.1%307.8K-12.3M-182.6K27.1063.12N/AN/A77420,974118,53654,568
2013-10-15$6.03$5.0036.8%11.4%27.3%35.0%42.3%3.5%1.8%-142.1K-7.0M-196.3K0.3919.38N/AN/A2,511970119,06574,958
2013-10-16$6.30$4.0040.2%11.2%31.8%39.7%39.9%4.1%-1.3%237.8K-19.1M-204.9K2.6312.88N/AN/A4,66512,246120,89775,720
2013-10-17$6.42$5.0041.0%11.4%32.4%41.0%40.5%4.4%-0.8%248.5K-21.6M-206.8K0.8412.63N/AN/A3,6313,058120,15080,355
2013-10-18$6.40$5.0039.2%11.5%29.6%38.4%39.8%-0.1%0.8%189.0K-20.5M-208.0K0.3315.39N/AN/A3,7991,266120,25983,376
2013-10-21$6.35$5.0040.6%11.4%29.0%40.4%39.9%-3.9%-1.8%163.9K-18.2M-207.3K0.1220.01N/AN/A7,156842113,06076,770
2013-10-22$6.39$5.0039.7%11.5%29.0%39.1%42.2%-1.5%-0.2%267.1K-20.1M-205.4K0.1715.18N/AN/A1,224204117,64476,548
2013-10-23$6.43$5.0043.7%11.4%29.0%44.8%39.9%5.4%-5.7%312.3K-21.2M-207.7K1.1815.02N/AN/A14,45217,123118,44876,622
2013-10-24$6.52$5.0036.5%11.4%28.8%34.6%38.3%6.2%-2.6%342.7K-25.6M-217.7K2.4117.83N/AN/A4,0259,715129,60589,528
2013-10-25$6.45$5.0051.4%11.3%27.7%55.6%39.8%1.0%-3.0%154.3K-22.0M-223.0K1.0115.79N/AN/A6,1646,212131,38194,295
2013-10-28$6.61$5.0063.5%11.1%28.7%72.8%38.6%7.4%-2.9%437.7K-31.0M-219.6K0.3616.98N/AN/A3,6831,337136,46697,824
2013-10-29$6.68$5.0068.9%11.2%28.7%80.3%38.0%1.6%-3.0%610.5K-34.9M-220.7K3.5114.89N/AN/A7,92227,840138,09098,423
2013-10-30$6.93$7.0054.4%11.6%31.1%59.8%40.3%-1.9%1.4%1.0M-47.6M-215.6K0.8614.15N/AN/A17,79115,237142,331106,649
2013-10-31$6.73$7.0035.4%11.7%33.0%33.1%40.9%5.0%1.1%538.7K-38.2M-260.7K0.1411.95N/AN/A2,973407148,459118,342