S Options History — July 2015

In July 2015, S traded between $3.12 and $4.53. ATM implied volatility averaged 52.8%, placing in the 40.7% IV rank vs the trailing year. The 30-day expected move averaged 15.2%. IV traded above realized volatility by 6.3% (HV 20d: 46.5%). Max pain ranged from $4.50 to $5.00. Net GEX was positive for 4 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 1.05.

Notable Days

  • 2015-07-14: Highest Volume — 27,790 contracts
  • 2015-07-24: Largest IV spike — 16.1% change
  • 2015-07-30: Highest IV Rank — 84.1%
  • 2015-07-28: Largest Expected Move — 20.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.82$3.12$4.53$4.53$3.37
Max Pain$4.66$4.50$5.00$4.50$4.50
ATM IV52.8%44.0%67.0%44.4%59.5%
Expected Move15.2%11.2%20.6%11.5%19.1%
HV 20d46.5%21.5%71.7%32.9%71.6%
HV 60d36.8%27.2%47.5%27.4%46.9%
IV Rank40.7%22.6%84.1%31.2%74.1%
IV Percentile63.7%20.6%99.2%22.2%93.7%
Term Structure-0.3%-4.1%7.0%-0.0%-3.9%
VWIV53.8%38.8%73.8%38.9%64.9%
Skew 25d-3.8%-22.9%4.0%-2.0%-12.4%
Skew 10d-13.4%-40.8%16.2%8.9%-26.0%
Call IV 25d57.0%42.9%75.9%46.0%70.5%
Put IV 25d53.3%44.0%66.3%44.0%58.1%
Bid-Ask Spread %13.445.7587.116.9310.22
Gamma HHI0.260.160.490.470.17
Net GEX-230.5K-710.3K52.4K-627.9K38.6K
Net DEX28.3M18.8M38.3M18.8M23.2M
Net VEX-240.1K-308.1K-187.0K-308.1K-213.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.332.572.570.51
Total Volume16,829.0458,86127,79010,31320,052
Total OI374,129.636360,437400,007367,581400,007

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-07-01$4.53$4.5044.4%11.5%32.9%31.2%38.9%-2.0%-0.0%-627.9K18.8M-308.1K2.576.93N/AN/A2,8877,426177,925189,656
2015-07-02$4.49$4.5044.0%11.2%21.5%30.5%38.8%2.4%-0.5%-710.3K20.6M-305.2K2.376.57N/AN/A3,3757,985178,255190,365
2015-07-06$4.37$5.0045.3%12.8%23.7%24.2%47.7%0.8%-1.2%-708.4K25.7M-287.4K0.668.51N/AN/A9,5526,294171,819189,833
2015-07-07$4.29$5.0046.1%12.7%22.9%22.6%43.2%-1.3%-0.8%-647.4K26.3M-286.2K1.359.08N/AN/A4,6486,277171,009189,428
2015-07-08$3.95$5.0048.8%13.1%36.2%28.6%42.0%-1.2%-1.5%-384.2K34.8M-243.5K1.9010.39N/AN/A7,56014,391170,957189,515
2015-07-09$3.91$5.0048.1%13.2%36.1%27.0%47.1%-0.9%-0.9%-368.0K36.3M-237.8K1.696.11N/AN/A8,05113,591172,030189,506
2015-07-10$3.78$5.0047.2%13.1%34.0%24.9%41.1%-0.7%-0.7%-295.7K38.3M-224.5K1.317.87N/AN/A6,3088,279173,512189,754
2015-07-13$3.72$5.0046.1%13.2%34.1%22.6%45.5%-0.7%7.0%-280.0K38.1M-213.5K1.497.68N/AN/A6,3479,479174,504187,402
2015-07-14$4.00$5.0050.9%14.5%45.2%33.1%54.8%4.0%-0.8%-324.3K34.8M-237.7K0.405.75N/AN/A19,8747,916178,026187,225
2015-07-15$3.84$4.5049.7%14.7%46.5%30.6%57.1%-5.5%2.6%-179.4K32.8M-244.2K0.669.96N/AN/A11,9927,952190,764187,879
2015-07-16$3.97$4.5051.9%15.1%48.2%35.5%54.5%3.4%1.3%-101.6K31.3M-257.0K0.5316.43N/AN/A10,5875,645198,057188,075
2015-07-17$3.85$4.5053.0%15.0%48.5%37.9%58.0%-4.3%-0.9%-102.1K31.7M-249.0K0.9116.19N/AN/A8,5177,708203,705187,220
2015-07-20$3.82$4.5049.9%14.1%48.5%31.0%50.2%-9.2%3.5%-98.1K25.4M-242.2K0.8987.11N/AN/A6,4785,741196,456167,768
2015-07-21$3.77$4.5051.5%14.8%48.3%34.5%52.6%0.3%-0.3%-98.9K26.5M-229.4K1.1913.77N/AN/A4,0764,868197,976167,863
2015-07-22$3.84$4.5052.5%15.1%49.0%36.8%52.5%2.5%-2.2%-116.5K27.8M-231.5K0.838.38N/AN/A4,8514,010198,446167,808
2015-07-23$3.69$4.5053.8%15.5%49.7%39.6%55.7%-8.8%-2.6%-104.0K27.5M-223.2K0.447.23N/AN/A13,8626,147199,157167,524
2015-07-24$3.46$4.5062.5%17.7%52.8%58.8%66.1%-9.6%3.8%-35.5K25.7M-217.0K0.3311.87N/AN/A20,8606,851208,165163,878
2015-07-27$3.12$4.5064.1%19.5%61.5%62.5%69.3%-22.9%-4.1%28325.0M-187.0K0.8710.43N/AN/A9,4298,208219,005164,162
2015-07-28$3.33$4.5067.0%20.6%68.4%68.9%73.8%-5.4%-2.9%-1.8K25.6M-207.6K0.3311.38N/AN/A18,8156,209222,294168,132
2015-07-29$3.50$4.5061.3%18.8%71.7%56.1%65.8%-7.0%0.2%52.4K21.8M-228.8K0.6912.99N/AN/A9,5486,580227,387169,366
2015-07-30$3.43$4.5062.7%18.7%71.7%84.1%65.2%-4.7%-2.2%22.1K24.6M-207.2K1.1910.92N/AN/A5,0405,973229,709169,328
2015-07-31$3.37$4.5059.5%19.1%71.6%74.1%64.9%-12.4%-3.9%38.6K23.2M-213.9K0.5110.22N/AN/A13,2766,776230,440169,567