S Options History — April 2019

In April 2019, S traded between $5.53 and $6.14. ATM implied volatility averaged 84.9%, placing in the 43.2% IV rank vs the trailing year. The 30-day expected move averaged 23.6%. IV traded above realized volatility by 44.0% (HV 20d: 40.9%). Max pain ranged from $7.00 to $7.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 3.42.

Notable Days

  • 2019-04-22: Highest Volume — 67,285 contracts
  • 2019-04-08: Largest IV drop — 21.9% change
  • 2019-04-04: Highest IV Rank — 56.6%
  • 2019-04-01: Largest Expected Move — 28.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.75$5.53$6.14$5.60$5.62
Max Pain$7.00$7.00$7.00$7.00$7.00
ATM IV84.9%71.0%108.5%96.2%84.1%
Expected Move23.6%20.3%28.0%28.0%21.7%
HV 20d40.9%36.8%48.8%37.7%37.7%
HV 60d32.5%29.9%35.1%30.8%34.6%
IV Rank43.2%35.3%56.6%49.6%42.7%
IV Percentile94.0%90.1%98.0%97.2%93.7%
Term Structure3.2%-89.0%71.4%51.3%5.4%
VWIV84.4%71.6%100.9%99.5%74.7%
Skew 25d18.0%10.0%32.4%13.2%12.1%
Skew 10d41.2%8.1%59.1%38.8%48.6%
Call IV 25d72.3%65.3%79.5%76.6%75.7%
Put IV 25d90.4%79.0%110.0%89.7%87.8%
Bid-Ask Spread %12.188.5315.9911.6810.21
Gamma HHI0.230.200.310.200.31
Net GEX-758.2K-1.1M-450.3K-490.6K-800.2K
Net DEX33.8M12.6M44.2M33.4M38.4M
Net VEX-348.9K-366.8K-333.2K-351.7K-334.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.420.2227.532.122.41
Total Volume21,035.2864,14467,28513,87110,600
Total OI479,220.619426,248520,243426,248520,243

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$5.60$7.0096.2%28.0%37.7%49.6%99.5%13.2%51.3%-490.6K33.4M-351.7K2.1211.68N/AN/A4,4439,428184,145242,103
2019-04-02$5.62$7.0099.1%27.6%37.9%51.3%100.6%10.0%-89.0%-524.0K32.9M-357.7K2.0414.63N/AN/A5,48011,161187,445249,981
2019-04-03$5.55$7.0098.6%26.8%37.1%51.0%100.6%32.4%71.4%-580.3K34.5M-353.0K1.2412.18N/AN/A1,8472,297189,966252,442
2019-04-04$5.65$7.00108.5%26.1%37.6%56.6%100.9%24.0%30.2%-614.7K33.2M-357.9K6.4612.56N/AN/A3,39921,973190,361255,183
2019-04-05$5.63$7.0099.7%23.5%36.8%51.6%94.5%21.9%14.1%-913.0K40.4M-352.4K7.7015.24N/AN/A5,03538,761191,589270,232
2019-04-08$5.77$7.0077.9%22.9%38.2%39.2%80.8%20.8%-2.3%-889.6K37.1M-358.0K1.0211.92N/AN/A5,7895,906191,512283,831
2019-04-09$5.82$7.0075.4%21.9%38.1%37.8%77.7%19.6%1.7%-831.1K33.4M-346.6K1.8113.09N/AN/A1,5922,880194,180273,152
2019-04-10$5.93$7.0079.5%22.4%38.3%40.2%87.6%21.8%-2.4%-672.5K27.3M-355.8K6.4510.24N/AN/A1,3318,582194,613274,842
2019-04-11$5.96$7.0083.2%23.0%38.3%42.2%78.5%25.5%-3.8%-583.6K24.9M-356.1K0.2913.77N/AN/A21,9996,314194,645275,530
2019-04-12$6.14$7.0083.4%23.6%38.9%42.3%77.8%19.9%-1.8%-450.3K12.6M-366.8K1.619.60N/AN/A4,8627,822202,982279,500
2019-04-15$5.88$7.0080.6%23.2%41.1%40.7%82.8%22.1%-5.0%-954.0K30.3M-347.7K0.228.53N/AN/A14,7903,213201,633282,838
2019-04-16$6.04$7.0085.5%24.5%42.5%43.5%91.2%20.1%-4.1%-916.6K21.1M-358.7K0.3210.97N/AN/A6,5902,077202,000285,023
2019-04-17$5.70$7.0080.9%23.2%46.7%40.9%78.2%14.3%5.4%-1.1M41.3M-333.2K0.5011.42N/AN/A30,61215,260203,757285,655
2019-04-18$5.78$7.0075.3%21.6%47.2%37.7%71.6%12.7%-1.9%-503.7K38.7M-346.6K1.4611.36N/AN/A14,25420,766223,261292,050
2019-04-22$5.90$7.0071.0%20.3%48.0%35.3%71.7%14.3%1.6%-809.9K28.7M-341.0K27.5311.57N/AN/A2,35864,927185,460276,935
2019-04-23$5.72$7.0075.0%21.5%48.8%37.6%73.0%12.4%-1.8%-890.5K35.6M-342.8K4.6512.18N/AN/A3,90318,153187,653305,879
2019-04-24$5.62$7.0081.9%23.9%48.4%41.5%81.5%14.4%-0.6%-863.3K41.6M-343.5K1.5415.99N/AN/A7,46011,485187,429311,840
2019-04-25$5.59$7.0078.0%21.8%46.0%39.3%79.8%12.9%-1.2%-967.6K44.2M-335.5K0.8815.10N/AN/A8,9767,865191,613316,241
2019-04-26$5.60$7.0080.8%23.3%37.1%40.8%79.8%14.0%-1.8%-771.3K41.3M-348.0K1.2013.38N/AN/A3,6544,378199,307318,733
2019-04-29$5.53$7.0088.3%25.2%37.3%45.1%89.7%20.2%2.2%-766.2K39.6M-339.7K0.3810.06N/AN/A14,1725,347198,057309,792
2019-04-30$5.62$7.0084.1%21.7%37.7%42.7%74.7%12.1%5.4%-800.2K38.4M-334.0K2.4110.21N/AN/A3,1067,494209,177311,066