TBH Options History — June 2007

In June 2007, TBH traded between $36.64 and $40.50. ATM implied volatility averaged 42.7%. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 5.2% (HV 20d: 37.5%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2007-06-21: Highest Volume — 30 contracts
  • 2007-06-08: Largest IV spike — 92.6% change
  • 2007-06-08: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.89$36.64$40.50$40.50$39.18
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV42.7%28.0%98.7%32.5%30.0%
Expected Move8.9%7.6%12.9%9.3%8.6%
HV 20d37.5%32.3%41.5%33.4%32.3%
HV 60d31.5%29.8%32.3%29.8%31.6%
Term Structure1.5%-18.9%7.7%5.2%2.1%
Skew 25d3.5%-1.2%9.5%3.2%5.4%
Skew 10d9.5%4.6%15.4%10.3%5.7%
Call IV 25d37.1%31.1%61.7%45.5%39.7%
Put IV 25d40.6%32.9%66.6%48.7%45.1%
Bid-Ask Spread %112.9496.06131.19118.24115.77
Gamma HHI0.690.540.870.610.86
Net GEX991-1522.6K-1122.6K
Net DEX-30.8K-83.5K73-687-77.4K
Net VEX-184-436-22-22-431
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.8103000
Total OI19.81442442

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-06-01$40.50$0.0032.5%9.3%33.4%0.0%0.0%3.2%5.2%-112-687-220.00118.24N/AN/A0013
2007-06-04$39.43$35.0036.4%9.4%35.3%0.0%0.0%1.6%-0.1%-15273-230.00109.82N/AN/A8013
2007-06-05$38.69$35.0041.6%9.3%36.3%0.0%0.0%-0.8%0.7%462-14.2K-990.00111.10N/AN/A0093
2007-06-06$38.14$35.0046.3%8.1%36.7%0.0%0.0%-1.2%2.4%436-12.7K-980.00113.05N/AN/A0093
2007-06-07$36.64$35.0051.2%8.0%39.6%0.0%0.0%1.8%7.7%288-8.9K-910.00114.00N/AN/A0093
2007-06-08$38.09$35.0098.7%12.9%40.5%0.0%0.0%4.9%-18.9%464-12.3K-970.00131.19N/AN/A0093
2007-06-11$38.26$35.0062.0%7.6%40.4%0.0%0.0%3.5%6.7%433-13.7K-940.00113.80N/AN/A0093
2007-06-12$37.57$35.0079.2%8.3%41.2%0.0%0.0%2.1%3.4%376-11.3K-910.00113.71N/AN/A0093
2007-06-13$38.19$35.0079.7%7.8%41.2%0.0%0.0%3.4%4.0%482-13.9K-950.00113.65N/AN/A0093
2007-06-14$39.37$35.0032.8%9.4%41.4%0.0%0.0%2.1%0.3%488-16.2K-950.00111.54N/AN/A0093
2007-06-15$39.93$35.0032.6%9.3%41.5%0.0%0.0%3.3%0.4%534-17.8K-940.00111.46N/AN/A0093
2007-06-18$39.52$35.0032.7%9.4%41.0%0.0%0.0%2.9%-0.6%524-16.7K-930.00112.36N/AN/A0093
2007-06-19$39.56$35.0032.7%9.4%38.8%0.0%0.0%3.0%-0.2%535-16.9K-920.00112.48N/AN/A0093
2007-06-20$38.75$35.0028.0%8.0%38.1%0.0%0.0%4.8%4.5%486-15.0K-910.00114.57N/AN/A0093
2007-06-21$39.51$35.0032.0%9.2%38.6%0.0%0.0%9.5%0.3%519-16.8K-910.0096.06N/AN/A30093
2007-06-22$38.84$35.0028.4%8.1%35.9%0.0%0.0%5.0%4.0%2.4K-73.4K-4360.00114.65N/AN/A00393
2007-06-25$38.48$35.0030.4%8.7%33.7%0.0%0.0%4.4%0.3%2.5K-70.0K-4300.00114.38N/AN/A00393
2007-06-26$39.15$35.0028.5%8.2%34.3%0.0%0.0%5.2%4.2%2.5K-77.3K-4340.0098.68N/AN/A00393
2007-06-27$39.31$35.0028.5%8.2%33.3%0.0%0.0%5.3%4.3%2.6K-79.0K-4340.00115.91N/AN/A00393
2007-06-28$39.59$35.0032.0%9.2%33.1%0.0%0.0%4.0%0.1%2.6K-83.5K-4350.00115.28N/AN/A00393
2007-06-29$39.18$35.0030.0%8.6%32.3%0.0%0.0%5.4%2.1%2.6K-77.4K-4310.00115.77N/AN/A00393