TUA Options History — September 2023

In September 2023, TUA traded between $21.64 and $22.38. ATM implied volatility averaged 34.3%. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 25.9% (HV 20d: 8.4%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-09-25: Highest Volume — 15,015 contracts
  • 2023-09-25: Largest IV spike — 67.0% change
  • 2023-09-25: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.96$21.64$22.38$22.38$21.88
Max Pain$22.00$22.00$22.00$22.00$22.00
ATM IV34.3%21.4%54.0%29.8%32.8%
Expected Move8.3%6.0%13.4%8.5%9.4%
HV 20d8.4%6.3%9.4%8.1%7.2%
HV 60d9.8%8.9%10.5%10.3%9.0%
Term Structure-0.6%-15.2%17.8%-15.2%17.8%
Skew 25d1.7%-17.7%18.9%2.4%-17.7%
Skew 10d0.7%-8.6%8.9%8.9%0.9%
Call IV 25d30.5%16.9%62.0%20.8%48.4%
Put IV 25d32.2%18.8%58.6%23.2%30.7%
Bid-Ask Spread %140.81129.52149.43137.19144.68
Gamma HHI0.550.300.990.350.99
Net GEX235.6K-8.8K1.3M808970.0K
Net DEX-2.1M-12.7M41.5K16.7K-12.7M
Net VEX-11.3K-59.5K-267-349-59.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume768.4015,01500
Total OI3,299.2514915,42831115,428

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$22.38$22.0029.8%8.5%8.1%0.0%0.0%2.4%-15.2%80816.7K-3490.00137.19N/AN/A0024962
2023-09-05$22.19$22.0028.9%6.0%8.5%0.0%0.0%18.9%-4.2%-1.9K30.2K-3030.00133.32N/AN/A0024962
2023-09-06$22.01$22.0044.3%6.9%8.8%0.0%0.0%4.2%-1.6%-8.8K41.5K-2670.00136.08N/AN/A40024962
2023-09-07$22.18$22.0051.2%10.0%9.4%0.0%0.0%-0.2%-8.5%-4.6K-4.6K-4550.00149.43N/AN/A20028962
2023-09-08$22.12$22.0054.0%8.1%9.4%0.0%0.0%-0.2%-8.2%-217-22.1K-5300.00142.52N/AN/A1030962
2023-09-11$22.12$22.0047.4%8.0%9.1%0.0%0.0%-0.1%-13.6%-7.1K-4.1K-4980.00138.57N/AN/A1031062
2023-09-12$22.06$22.0034.4%6.0%8.9%0.0%0.0%-4.1%-2.6%-5.0K-5.1K-5200.00134.60N/AN/A3031162
2023-09-13$22.13$22.0022.8%6.5%8.9%0.0%0.0%1.4%-0.8%4.1K-25.6K-5480.00139.51N/AN/A4031362
2023-09-14$22.05$22.0036.4%10.4%8.9%0.0%0.0%13.2%-4.7%5.4K-23.9K-5300.00143.76N/AN/A8031762
2023-09-15$21.99$22.0021.7%6.2%8.8%0.0%0.0%3.8%5.3%-6.9K-1.1K-5200.00138.87N/AN/A16032462
2023-09-18$21.94$22.0028.1%8.0%8.8%0.0%0.0%2.1%15.7%5.4K-55.1K-5760.00149.42N/AN/A20013019
2023-09-19$21.82$22.0028.5%8.2%8.8%0.0%0.0%0.7%2.7%7.0K-49.0K-6140.00137.79N/AN/A2015019
2023-09-20$21.73$22.0021.4%6.2%8.8%0.0%0.0%-14.9%0.1%6.9K-41.1K-5730.00145.16N/AN/A36015119
2023-09-21$21.73$22.0022.8%6.5%8.1%0.0%0.0%9.6%15.1%8.9K-65.0K-7640.00145.15N/AN/A10020219
2023-09-22$21.79$22.0028.0%8.0%8.1%0.0%0.0%10.8%7.7%9.0K-79.0K-8460.00140.77N/AN/A0021219
2023-09-25$21.77$22.0046.7%13.4%8.0%0.0%0.0%1.2%-8.6%9.7K-70.8K-8020.00149.14N/AN/A15,015021219
2023-09-26$21.77$22.0040.3%11.6%8.0%0.0%0.0%-5.8%-4.6%1.2M-9.4M-53.8K0.00145.45N/AN/A53015,22719
2023-09-27$21.64$22.0029.0%8.3%6.3%0.0%0.0%7.0%6.0%1.2M-8.9M-52.0K0.00129.52N/AN/A2015,28019
2023-09-28$21.81$22.0036.7%10.5%7.2%0.0%0.0%1.1%-9.8%1.3M-9.7M-51.8K0.00135.34N/AN/A137015,28219
2023-09-29$21.88$22.0032.8%9.4%7.2%0.0%0.0%-17.7%17.8%970.0K-12.7M-59.5K0.00144.68N/AN/A0015,40919