S Options History — October 2014

In October 2014, S traded between $5.80 and $6.25. ATM implied volatility averaged 49.9%, placing in the 27.1% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 15.7% (HV 20d: 34.2%). Max pain ranged from $7.00 to $7.00. Net GEX was positive for 10 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 1.58.

Notable Days

  • 2014-10-31: Highest Volume — 104,705 contracts
  • 2014-10-15: Largest IV spike — 14.9% change
  • 2014-10-07: Highest IV Rank — 31.6%
  • 2014-10-14: Largest Expected Move — 14.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.06$5.80$6.25$6.25$5.93
Max Pain$7.00$7.00$7.00$7.00$7.00
ATM IV49.9%45.1%54.4%50.6%52.3%
Expected Move14.1%13.4%14.8%14.5%13.8%
HV 20d34.2%25.3%48.6%47.5%29.5%
HV 60d55.7%36.3%58.4%58.0%36.4%
IV Rank27.1%22.2%31.6%27.8%29.5%
IV Percentile48.7%24.6%72.6%55.6%61.5%
Term Structure-0.1%-6.3%7.2%2.2%0.6%
VWIV49.4%44.7%54.7%49.3%47.6%
Skew 25d5.7%-1.1%24.2%1.9%0.2%
Skew 10d8.3%-17.8%21.3%4.6%10.9%
Call IV 25d46.5%34.2%52.8%52.8%52.7%
Put IV 25d52.2%45.2%60.8%54.7%52.9%
Bid-Ask Spread %17.6610.6626.1026.1012.08
Gamma HHI0.430.200.900.430.28
Net GEX-1.0M-11.4M1.1M-728.4K1.0M
Net DEX24.8M11.2M54.5M11.2M22.5M
Net VEX-619.0K-692.2K-572.9K-678.3K-572.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.580.194.802.080.35
Total Volume34,660.0434,705104,7059,168104,705
Total OI734,761.348653,039806,931758,759727,482

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-10-01$6.25$7.0050.6%14.5%47.5%27.8%49.3%1.9%2.2%-728.4K11.2M-678.3K2.0826.10N/AN/A2,9736,195424,861333,898
2014-10-02$6.25$7.0051.6%14.2%47.0%28.8%48.6%2.3%0.3%-850.9K15.4M-668.4K0.4820.23N/AN/A57,28227,764425,762334,303
2014-10-03$6.25$7.0051.9%13.7%46.6%29.1%0.0%7.2%-3.0%-1.0M14.0M-692.2K0.7022.34N/AN/A15,82611,037459,036347,895
2014-10-06$6.00$7.0050.1%14.4%48.6%27.2%53.0%-1.1%2.8%-1.4M39.6M-666.7K0.4622.99N/AN/A39,98118,410421,463337,049
2014-10-07$6.04$7.0054.4%14.3%48.6%31.6%48.4%9.7%-3.3%-1.3M34.8M-665.7K0.6016.90N/AN/A2,9431,762443,221336,424
2014-10-08$6.06$7.0052.6%14.0%42.9%29.8%48.5%3.4%1.4%-1.6M33.7M-670.8K1.3213.13N/AN/A16,33021,622435,035336,159
2014-10-09$5.98$7.0052.5%14.0%35.0%29.6%48.8%9.0%-6.3%-1.6M36.5M-669.1K0.4611.45N/AN/A3,5591,627435,756335,409
2014-10-10$5.80$7.0051.6%14.5%25.3%28.8%54.3%14.2%0.9%-1.4M54.5M-615.3K3.6817.77N/AN/A8,56931,516435,159333,715
2014-10-13$5.90$7.0053.7%14.5%27.0%30.9%49.6%24.2%-3.7%-1.9M50.0M-594.4K0.6718.48N/AN/A9,4836,371434,502334,668
2014-10-14$6.08$7.0046.3%14.8%29.4%23.4%52.8%10.9%3.8%-1.7M27.3M-637.5K3.3219.60N/AN/A6,32920,993438,589322,699
2014-10-15$6.12$7.0053.2%14.5%29.6%30.4%54.7%6.3%0.1%-2.6M20.4M-635.3K2.3020.93N/AN/A8,77420,193441,638322,047
2014-10-16$5.94$7.0053.0%14.7%28.9%30.2%51.8%11.9%-2.5%-3.0M34.0M-595.4K2.4123.34N/AN/A4,0409,756438,383320,410
2014-10-17$6.03$7.0047.5%14.0%29.7%24.6%51.2%4.5%-2.1%-11.4M24.7M-607.0K1.9219.58N/AN/A11,28321,620439,429317,744
2014-10-20$6.09$7.0046.9%14.1%30.2%24.0%50.7%1.5%4.7%358.5K21.2M-577.2K2.6516.47N/AN/A8,60122,793398,456254,583
2014-10-21$6.22$7.0045.1%14.3%31.2%22.2%45.6%2.0%7.2%393.8K12.7M-597.8K1.2516.17N/AN/A19,01023,855402,359259,299
2014-10-22$6.06$7.0045.7%13.5%32.2%22.8%44.7%2.0%-6.2%457.1K17.9M-589.1K0.7818.14N/AN/A24,41919,165413,055263,188
2014-10-23$6.09$7.0047.1%13.5%29.7%24.3%47.2%3.6%-2.9%254.6K22.4M-581.7K0.7715.15N/AN/A24,55918,983403,580259,883
2014-10-24$6.10$7.0045.1%14.5%29.7%22.3%49.8%0.3%0.4%672.0K18.5M-577.9K0.9016.13N/AN/A22,39520,227421,951260,058
2014-10-27$6.04$7.0046.2%14.1%29.6%23.4%49.2%8.0%1.9%882.5K15.0M-585.0K0.3319.63N/AN/A11,0443,615435,631257,851
2014-10-28$6.04$7.0050.3%13.7%29.6%27.5%47.8%1.8%-0.2%979.0K13.9M-584.3K0.1916.00N/AN/A23,9474,642446,099261,378
2014-10-29$6.00$7.0050.6%13.7%29.4%27.8%47.2%3.0%0.4%1.1M13.6M-599.8K3.9212.95N/AN/A6,02923,624460,265263,887
2014-10-30$6.00$7.0049.4%13.4%29.4%26.6%46.9%4.2%0.4%1.0M17.3M-575.0K4.8010.66N/AN/A5,05724,273460,397264,855
2014-10-31$5.93$7.0052.3%13.8%29.5%29.5%47.6%0.2%0.6%1.0M22.5M-572.9K0.3512.08N/AN/A77,63627,069460,967266,515