S Options History — June 2017

In June 2017, S traded between $7.81 and $8.95. ATM implied volatility averaged 47.6%, placing in the 40.7% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 9.5% (HV 20d: 38.0%). Max pain ranged from $7.00 to $9.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 3.14.

Notable Days

  • 2017-06-07: Highest Volume — 103,703 contracts
  • 2017-06-27: Largest IV spike — 11.4% change
  • 2017-06-29: Highest IV Rank — 70.9%
  • 2017-06-22: Largest Expected Move — 15.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.29$7.81$8.95$8.57$8.24
Max Pain$8.41$7.00$9.00$7.00$8.00
ATM IV47.6%42.0%58.5%43.6%52.9%
Expected Move13.1%11.5%15.3%12.2%12.6%
HV 20d38.0%31.5%46.2%41.2%31.5%
HV 60d45.9%44.3%46.6%44.3%46.2%
IV Rank40.7%25.4%70.9%29.8%55.5%
IV Percentile39.9%18.7%88.9%19.8%60.7%
Term Structure1.4%-2.5%10.5%-0.7%2.0%
VWIV47.4%40.5%54.8%47.7%44.5%
Skew 25d0.9%-2.9%3.1%2.0%-0.1%
Skew 10d2.7%-11.0%17.3%5.2%2.9%
Call IV 25d49.7%42.1%60.9%45.5%54.4%
Put IV 25d50.6%44.1%62.3%47.5%54.3%
Bid-Ask Spread %9.882.2851.802.289.40
Gamma HHI0.180.130.260.230.16
Net GEX1.6M-482.7K3.7M2.6M1.4M
Net DEX-105.2M-181.8M-54.9M-141.1M-82.3M
Net VEX-946.9K-1.0M-896.5K-961.7K-896.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.140.468.351.050.65
Total Volume48,402.45514,054103,70378,65326,610
Total OI947,210.545735,0571,141,0911,061,902755,812

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-06-01$8.57$7.0043.6%12.2%41.2%29.8%47.7%2.0%-0.7%2.6M-141.1M-961.7K1.052.28N/AN/A38,41540,238516,383545,519
2017-06-02$8.90$7.0043.7%13.2%42.2%30.0%54.8%-2.0%-0.8%3.4M-176.7M-975.0K1.552.49N/AN/A30,30247,044517,969546,910
2017-06-05$8.95$9.0042.8%11.5%42.0%27.5%40.5%0.5%0.7%3.7M-181.8M-977.7K2.5215.47N/AN/A16,06940,524532,650545,499
2017-06-06$8.77$9.0042.3%12.0%40.0%26.0%42.6%0.7%-0.5%3.4M-166.3M-962.6K4.572.70N/AN/A10,04145,935535,450546,991
2017-06-07$8.66$9.0042.0%12.4%40.5%25.4%46.9%-0.1%0.5%2.8M-153.0M-959.4K0.782.32N/AN/A58,15845,545535,807551,590
2017-06-08$8.59$9.0043.6%12.9%40.7%29.8%46.5%-0.5%-0.0%2.8M-151.2M-1.0M1.996.48N/AN/A23,21846,242570,601553,735
2017-06-09$8.12$9.0043.8%13.0%46.1%30.4%46.7%2.7%-0.9%991.0K-101.4M-983.6K3.573.89N/AN/A12,20043,582576,649564,022
2017-06-12$8.21$9.0047.0%13.5%46.2%39.1%46.9%2.3%0.9%1.1M-108.1M-978.2K7.146.88N/AN/A6,47446,247572,497561,924
2017-06-13$8.26$9.0042.9%12.8%46.0%27.9%45.0%2.7%1.2%1.2M-114.5M-953.0K6.966.87N/AN/A5,65839,364574,043558,355
2017-06-14$8.14$9.0042.8%12.3%46.2%27.5%43.0%2.1%0.5%569.0K-102.7M-947.8K5.908.96N/AN/A6,37837,625575,197559,701
2017-06-15$8.05$9.0043.8%12.7%38.4%30.3%45.5%3.1%0.6%-482.7K-89.5M-977.1K5.486.76N/AN/A6,70936,785575,492561,495
2017-06-16$7.81$9.0044.2%12.4%33.1%31.5%47.1%1.8%-2.5%913.8K-60.9M-922.5K8.355.47N/AN/A7,65063,879575,586565,505
2017-06-19$7.92$9.0042.9%12.3%32.5%27.9%46.1%2.7%10.5%698.7K-54.9M-915.3K3.863.35N/AN/A6,99126,982347,992387,065
2017-06-20$8.14$8.0046.5%13.3%33.5%37.9%48.8%-2.9%0.4%1.3M-79.1M-916.5K0.8851.80N/AN/A36,18131,794350,981389,664
2017-06-21$8.23$8.0050.7%14.6%33.7%49.6%51.4%0.8%0.2%1.6M-88.5M-946.4K3.039.67N/AN/A9,61329,120367,989393,900
2017-06-22$8.12$8.0054.7%15.3%34.0%60.6%54.1%0.6%5.8%1.4M-76.6M-964.7K5.047.76N/AN/A5,57728,085368,556399,847
2017-06-23$8.11$8.0052.3%14.6%32.7%53.9%51.2%2.8%2.3%1.3M-76.1M-933.4K3.6614.99N/AN/A7,21026,355369,547399,426
2017-06-26$8.00$8.0051.8%14.3%32.9%52.4%49.9%-0.4%4.4%1.1M-66.7M-927.8K0.517.04N/AN/A9,3104,744361,325381,473
2017-06-27$8.23$8.0057.7%13.5%34.5%68.7%47.8%-1.7%-1.3%1.4M-82.4M-910.0K0.5426.17N/AN/A18,4209,954359,790383,631
2017-06-28$8.27$8.0055.8%13.0%34.5%63.5%46.1%1.4%3.1%1.4M-83.0M-915.7K0.467.59N/AN/A13,1026,011362,712386,451
2017-06-29$8.16$8.0058.5%13.8%34.5%70.9%49.0%1.9%4.2%1.2M-77.7M-905.9K0.598.92N/AN/A9,1135,400363,456389,445
2017-06-30$8.24$8.0052.9%12.6%31.5%55.5%44.5%-0.1%2.0%1.4M-82.3M-896.5K0.659.40N/AN/A16,10410,506364,857390,955