S Options History — July 2019

In July 2019, S traded between $6.59 and $7.99. ATM implied volatility averaged 64.7%, placing in the 31.7% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded above realized volatility by 16.7% (HV 20d: 48.1%). Max pain ranged from $6.00 to $7.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 2.18.

Notable Days

  • 2019-07-11: Highest Volume — 133,549 contracts
  • 2019-07-11: Largest IV spike — 129.4% change
  • 2019-07-11: Highest IV Rank — 64.3%
  • 2019-07-19: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.16$6.59$7.99$6.59$7.32
Max Pain$6.91$6.00$7.00$6.00$7.00
ATM IV64.7%35.5%122.1%79.5%46.2%
Expected Move17.5%13.2%22.3%18.9%14.2%
HV 20d48.1%38.1%54.2%48.4%53.1%
HV 60d57.4%56.0%60.1%56.3%60.1%
IV Rank31.7%15.1%64.3%40.1%21.2%
IV Percentile66.2%36.5%97.6%79.8%50.4%
Term Structure-9.5%-133.4%59.3%26.4%-1.1%
VWIV68.2%46.5%105.1%67.5%53.5%
Skew 25d19.3%-82.2%55.5%55.5%10.6%
Skew 10d29.1%-120.2%70.6%-11.4%22.8%
Call IV 25d56.1%21.5%174.3%55.3%43.6%
Put IV 25d75.3%38.5%167.8%110.8%54.2%
Bid-Ask Spread %10.855.3624.2713.2612.59
Gamma HHI0.240.150.650.310.23
Net GEX-110.4K-1.6M6.7M-1.6M24.5K
Net DEX-5.1M-78.1M35.5M35.5M-12.1M
Net VEX-447.6K-527.6K-323.2K-527.6K-416.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.180.378.350.890.95
Total Volume50,115.63610,723133,54926,67449,441
Total OI739,202.227603,603864,794708,646715,557

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$6.59$6.0079.5%18.9%48.4%40.1%67.5%55.5%0.0%-1.6M35.5M-527.6K0.8913.26N/AN/A14,14312,531209,764498,882
2019-07-02$6.89$6.5050.4%17.5%49.6%23.6%71.3%52.9%26.4%-684.7K12.4M-521.4K0.8910.51N/AN/A10,9909,726217,403504,811
2019-07-03$7.05$6.50115.6%17.6%50.3%60.7%64.3%-6.5%-45.5%-7.0K-818.9K-506.6K3.0116.74N/AN/A5,75717,318221,709505,334
2019-07-05$7.05$7.0054.5%18.1%50.3%25.9%61.3%45.7%59.3%-213.2K-3.0M-493.5K1.419.44N/AN/A14,46520,330224,283506,214
2019-07-08$6.88$7.0083.1%17.0%50.6%42.2%64.9%11.4%-63.3%-659.6K9.6M-460.4K0.9410.44N/AN/A7,5307,064222,882501,967
2019-07-09$6.84$7.0035.5%17.0%50.4%15.1%71.4%-82.2%26.2%-1.2M15.7M-447.6K4.309.13N/AN/A4,27118,365227,030504,905
2019-07-10$7.18$7.0053.2%17.0%47.2%25.2%75.2%42.3%6.5%624.1K-11.5M-451.5K8.358.84N/AN/A6,21151,881230,068516,571
2019-07-11$6.91$7.00122.1%19.0%48.4%64.3%79.6%27.5%-133.4%-597.5K16.5M-474.9K6.227.19N/AN/A18,496115,053232,411526,546
2019-07-12$7.11$7.0063.8%18.3%49.3%31.2%71.6%28.9%-44.6%-1.4M3.4M-502.4K1.2215.47N/AN/A24,95530,385242,371615,019
2019-07-15$7.11$7.0073.9%18.8%47.5%36.9%56.4%24.0%-3.4%-1.4M1.8M-456.0K0.395.57N/AN/A8,6473,409233,238626,115
2019-07-16$7.20$7.0062.3%18.0%47.6%30.3%57.8%21.9%-2.4%-312.5K-14.0M-436.4K0.975.36N/AN/A64,86863,209235,855628,939
2019-07-17$7.12$7.0060.1%17.2%47.1%29.1%85.3%21.3%-1.3%-392.3K-7.5M-431.3K4.346.94N/AN/A2,0088,715180,866575,003
2019-07-18$6.89$7.0069.8%20.2%47.2%34.6%87.5%29.8%-2.1%-1.6M19.1M-450.9K3.359.68N/AN/A14,44248,323181,503585,672
2019-07-19$6.89$7.0076.5%22.3%47.2%38.4%81.3%33.1%-4.4%-1.1M24.1M-464.9K0.7711.48N/AN/A31,98224,602188,973609,935
2019-07-22$7.05$7.0064.5%18.5%38.1%31.6%66.8%26.2%-5.3%-968.3K15.8M-438.2K0.3711.33N/AN/A22,9218,495158,158445,445
2019-07-23$7.10$7.0064.3%20.9%38.1%31.5%105.1%25.5%-4.3%-776.3K9.6M-448.9K4.9816.87N/AN/A9,42046,914175,213456,299
2019-07-24$7.67$7.0052.2%17.2%46.5%24.6%63.1%19.9%-0.6%391.7K-40.9M-404.2K1.6310.97N/AN/A33,09654,040182,332491,932
2019-07-25$7.48$7.0056.0%16.2%45.4%26.8%70.8%18.2%-2.3%837.8K-28.0M-413.1K1.4324.27N/AN/A16,24023,217197,957521,913
2019-07-26$7.99$7.0047.7%14.1%49.9%22.0%48.8%7.0%-1.0%6.7M-78.1M-323.2K0.436.54N/AN/A80,98934,979203,726539,932
2019-07-29$7.79$7.0044.4%13.2%51.3%20.2%46.5%5.3%-0.3%1.4M-51.6M-372.4K0.738.00N/AN/A20,20714,715202,231506,399
2019-07-30$7.48$7.0048.4%14.7%54.2%22.4%50.9%5.7%-2.9%694.5K-28.5M-404.1K0.488.04N/AN/A19,0279,167205,736505,350
2019-07-31$7.32$7.0046.2%14.2%53.1%21.2%53.5%10.6%-1.1%24.5K-12.1M-416.8K0.9512.59N/AN/A25,31224,129204,426511,131