S Options History — October 2015

In October 2015, S traded between $3.99 and $5.01. ATM implied volatility averaged 65.0%, placing in the 60.9% IV rank vs the trailing year. The 30-day expected move averaged 18.8%. IV traded above realized volatility by 11.0% (HV 20d: 54.0%). Max pain ranged from $4.50 to $5.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 2.04.

Notable Days

  • 2015-10-02: Highest Volume — 55,196 contracts
  • 2015-10-13: Largest IV drop — 11.1% change
  • 2015-10-01: Highest IV Rank — 86.3%
  • 2015-10-02: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.49$3.99$5.01$3.99$4.74
Max Pain$4.55$4.50$5.00$5.00$4.50
ATM IV65.0%59.1%77.2%77.2%65.1%
Expected Move18.8%17.0%22.3%22.3%20.5%
HV 20d54.0%40.4%59.9%50.3%40.4%
HV 60d65.6%57.6%70.5%69.3%57.6%
IV Rank60.9%48.4%86.3%86.3%61.0%
IV Percentile86.1%76.6%98.8%98.8%85.3%
Term Structure-0.5%-3.9%2.5%2.4%-2.3%
VWIV72.1%59.0%85.8%83.9%67.0%
Skew 25d7.6%0.9%13.2%7.2%12.4%
Skew 10d18.2%3.1%31.4%27.2%14.2%
Call IV 25d64.6%58.0%74.9%74.8%58.2%
Put IV 25d72.2%66.9%82.1%82.1%70.6%
Bid-Ask Spread %13.098.0221.5513.2111.74
Gamma HHI0.180.150.250.180.17
Net GEX-564.6K-939.3K-323.6K-570.8K-439.4K
Net DEX21.3M-7.9M42.9M42.9M2.7M
Net VEX-387.2K-426.9K-344.3K-344.3K-413.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.040.475.420.940.96
Total Volume21,767.6368,70055,19614,37529,965
Total OI534,981.182513,235578,891513,947578,891

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-10-01$3.99$5.0077.2%22.3%50.3%86.3%83.9%7.2%2.4%-570.8K42.9M-344.3K0.9413.21N/AN/A7,4296,946208,310305,637
2015-10-02$4.26$5.0073.3%22.3%56.9%78.2%73.3%9.2%-0.1%-643.4K28.9M-378.2K1.1521.39N/AN/A25,66129,535211,834308,326
2015-10-05$4.42$4.5071.7%20.5%59.1%74.9%75.2%6.0%0.1%-662.6K24.5M-397.9K2.3812.36N/AN/A4,82711,480213,886306,614
2015-10-06$4.43$4.5070.1%20.2%59.0%71.6%77.0%1.5%0.8%-686.5K26.6M-411.4K3.8310.16N/AN/A5,27120,206215,409319,370
2015-10-07$4.55$4.5071.4%19.8%59.9%74.2%77.0%3.1%-2.5%-694.5K21.9M-410.8K3.2510.10N/AN/A3,52511,468215,656318,506
2015-10-08$4.55$4.5069.8%19.5%59.7%71.0%77.2%0.9%-1.6%-675.7K21.5M-412.1K3.199.44N/AN/A3,43610,964216,658321,536
2015-10-09$4.51$4.5069.3%19.7%59.4%69.9%71.3%4.0%-0.3%-811.7K24.4M-407.3K4.779.69N/AN/A3,51616,783217,097320,281
2015-10-12$4.50$4.5069.4%19.7%59.0%70.0%85.8%2.4%-1.2%-939.3K28.7M-393.2K2.1911.48N/AN/A4,2809,370210,069325,689
2015-10-13$4.39$4.5061.7%17.8%57.7%53.9%64.5%9.4%0.3%-905.5K33.5M-378.8K1.8921.55N/AN/A8,00115,137211,411326,960
2015-10-14$4.24$4.5064.9%18.9%56.2%60.7%77.2%6.1%1.8%-828.4K41.5M-364.0K1.0615.06N/AN/A8,2368,690215,576330,117
2015-10-15$4.27$4.5061.6%17.5%56.3%53.8%72.1%10.8%-1.7%-641.0K42.4M-371.0K1.5913.73N/AN/A3,3655,335221,251332,145
2015-10-16$4.26$4.5059.1%17.1%53.7%48.4%59.0%12.4%0.7%-497.9K41.9M-365.7K0.4711.85N/AN/A13,0856,110222,103332,322
2015-10-19$4.41$4.5060.7%17.5%54.9%51.8%61.4%8.3%-1.6%-403.0K19.5M-375.7K1.1311.12N/AN/A6,6737,536224,752288,793
2015-10-20$4.33$4.5059.3%17.0%55.2%48.8%70.3%13.2%-0.2%-440.8K22.6M-366.7K2.289.89N/AN/A3,1987,299224,150290,705
2015-10-21$4.33$4.5059.8%17.1%55.2%49.8%71.6%9.2%-0.6%-431.8K22.5M-366.6K2.1810.17N/AN/A3,1896,963224,774290,680
2015-10-22$4.46$4.5061.1%17.6%56.2%52.6%79.1%7.3%-2.4%-360.4K18.5M-369.0K2.319.75N/AN/A2,9036,712225,447291,460
2015-10-23$4.72$4.5060.8%17.8%59.0%52.1%62.4%8.7%-3.9%-348.5K6.7M-379.8K1.2416.29N/AN/A6,3427,850225,928291,560
2015-10-26$4.77$4.5059.8%17.4%51.6%50.0%75.4%6.8%-1.2%-323.6K4.2M-376.1K5.428.02N/AN/A4,14922,467224,645288,590
2015-10-27$4.89$4.5062.5%18.4%42.0%55.5%71.6%9.1%1.2%-363.5K-1.4M-386.8K1.1815.53N/AN/A23,74428,112225,596301,829
2015-10-28$5.01$4.5062.5%18.0%41.6%55.5%64.5%9.0%-1.4%-335.0K-7.9M-426.9K0.7021.08N/AN/A20,92814,677245,171323,739
2015-10-29$4.81$4.5059.8%18.0%44.9%50.0%69.5%9.6%2.5%-416.8K2.7M-422.4K0.7214.42N/AN/A19,47614,049251,199324,914
2015-10-30$4.74$4.5065.1%20.5%40.4%61.0%67.0%12.4%-2.3%-439.4K2.7M-413.9K0.9611.74N/AN/A15,28514,680253,711325,180