S Options History — June 2015

In June 2015, S traded between $4.41 and $4.75. ATM implied volatility averaged 42.0%, placing in the 26.8% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded above realized volatility by 11.4% (HV 20d: 30.6%). Max pain ranged from $4.50 to $5.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 1.98.

Notable Days

  • 2015-06-11: Highest Volume — 34,126 contracts
  • 2015-06-04: Largest IV spike — 5.9% change
  • 2015-06-04: Highest IV Rank — 32.3%
  • 2015-06-01: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.61$4.41$4.75$4.64$4.56
Max Pain$4.64$4.50$5.00$5.00$4.50
ATM IV42.0%38.7%45.0%42.1%43.0%
Expected Move11.9%10.9%12.9%12.9%11.5%
HV 20d30.6%21.6%33.3%23.0%33.3%
HV 60d28.8%27.4%30.1%28.5%27.4%
IV Rank26.8%20.7%32.3%26.9%28.6%
IV Percentile14.0%6.0%24.6%13.9%16.3%
Term Structure0.6%-2.0%5.3%0.1%1.6%
VWIV41.3%36.5%46.7%46.7%39.4%
Skew 25d-0.9%-3.2%3.3%-2.3%-0.4%
Skew 10d-3.8%-13.2%11.4%-3.1%11.4%
Call IV 25d44.1%39.4%48.1%45.3%44.3%
Put IV 25d43.2%39.2%48.9%43.0%43.9%
Bid-Ask Spread %7.344.4011.404.796.78
Gamma HHI0.420.310.520.480.44
Net GEX140.3K-894.8K2.1M1.5M-623.3K
Net DEX12.6M-12.0M20.9M-1.3M17.6M
Net VEX-339.9K-395.0K-313.7K-388.6K-326.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.980.544.353.351.80
Total Volume16,746.4095,84234,12620,53610,017
Total OI502,763.545355,221581,621553,236370,466

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-06-01$4.64$5.0042.1%12.9%23.0%26.9%46.7%-2.3%0.1%1.5M-1.3M-388.6K3.354.79N/AN/A4,72615,810353,469199,767
2015-06-02$4.69$5.0043.5%12.9%23.5%29.6%46.5%-0.1%-0.9%1.6M-4.2M-388.3K0.545.38N/AN/A3,8002,042353,616201,541
2015-06-03$4.75$5.0042.5%12.0%21.6%27.6%44.0%-1.5%-1.7%2.1M-12.0M-395.0K2.474.40N/AN/A5,40213,368355,680202,180
2015-06-04$4.43$4.5045.0%12.4%30.4%32.3%43.5%-3.2%-1.0%808.0K12.4M-349.1K1.817.50N/AN/A10,46918,903356,526202,451
2015-06-05$4.41$4.5042.4%11.8%29.7%27.5%43.3%-0.7%0.1%431.9K19.4M-346.2K1.886.09N/AN/A8,39015,801359,484208,880
2015-06-08$4.51$4.5044.0%12.2%30.6%30.4%43.6%1.6%-1.4%626.5K17.2M-344.4K2.346.17N/AN/A5,84213,688350,968210,757
2015-06-09$4.54$5.0042.9%12.0%30.4%28.4%44.5%-1.7%-0.5%96.4K20.9M-339.5K2.137.85N/AN/A6,59414,042352,635210,952
2015-06-10$4.53$5.0041.5%12.1%30.3%25.9%42.5%-1.2%0.9%569.8K16.6M-350.0K2.138.04N/AN/A6,68014,242354,523211,427
2015-06-11$4.68$5.0042.0%12.1%32.7%26.7%43.0%0.0%0.6%1.7M4.0M-360.9K4.358.68N/AN/A6,38327,743355,180212,189
2015-06-12$4.64$4.5040.7%11.4%32.3%24.4%41.2%0.7%-1.7%-60.3K15.3M-343.7K1.2910.00N/AN/A10,30013,304357,133217,076
2015-06-15$4.62$4.5042.7%12.2%31.8%28.1%41.1%-2.5%0.7%-423.5K18.6M-328.8K1.868.85N/AN/A4,6028,582360,007216,519
2015-06-16$4.64$4.5043.3%12.4%31.8%29.3%40.7%-1.3%-0.2%-894.8K19.0M-324.2K2.128.19N/AN/A3,5487,521360,800218,661
2015-06-17$4.71$4.5043.6%12.5%31.9%29.8%40.8%-0.9%-2.0%-480.9K15.1M-330.3K2.0611.40N/AN/A3,8167,860361,042219,424
2015-06-18$4.74$4.5041.1%11.7%31.9%25.2%39.0%-1.9%2.5%-399.2K13.6M-331.5K1.189.53N/AN/A6,1887,311360,621219,585
2015-06-19$4.71$4.5041.8%12.1%31.9%26.4%38.9%0.8%-1.2%-293.8K12.9M-329.8K1.219.03N/AN/A6,5647,948361,510220,111
2015-06-22$4.71$4.5040.0%11.1%31.6%23.0%39.1%-1.2%2.1%-343.6K11.3M-323.3K1.466.32N/AN/A4,5976,707171,755183,466
2015-06-23$4.58$4.5038.7%10.9%32.7%20.7%38.1%-2.2%5.3%-484.9K15.0M-313.7K1.956.27N/AN/A4,0027,807173,917183,886
2015-06-24$4.62$4.5039.3%10.9%32.9%21.7%36.5%1.1%3.8%-510.4K14.9M-318.5K1.826.66N/AN/A3,4706,300174,860185,879
2015-06-25$4.63$4.5039.4%10.9%32.7%21.8%37.9%-2.8%3.1%-541.3K15.5M-315.6K2.946.89N/AN/A3,66010,759175,318187,029
2015-06-26$4.56$4.5041.6%11.0%33.1%25.9%37.6%-2.4%3.1%-642.5K16.4M-314.4K0.715.97N/AN/A8,4965,994176,420188,503
2015-06-29$4.51$4.5043.7%11.8%33.3%29.9%41.5%3.3%-0.4%-627.5K18.6M-315.4K2.246.65N/AN/A4,67210,471175,234189,351
2015-06-30$4.56$4.5043.0%11.5%33.3%28.6%39.4%-0.4%1.6%-623.3K17.6M-326.0K1.806.78N/AN/A3,5756,442177,646192,820