TUA Options History — October 2023

In October 2023, TUA traded between $21.52 and $22.18. ATM implied volatility averaged 22.5%, placing in the 6.8% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 12.5% (HV 20d: 10.0%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.10.

Notable Days

  • 2023-10-30: Highest Volume — 145 contracts
  • 2023-10-27: Largest IV spike — 97.6% change
  • 2023-10-27: Highest IV Rank — 25.0%
  • 2023-10-04: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.80$21.52$22.18$21.70$21.70
Max Pain$22.00$22.00$22.00$22.00$22.00
ATM IV22.5%14.5%38.2%27.6%22.1%
Expected Move6.5%4.2%11.0%7.9%6.3%
HV 20d10.0%7.1%11.5%7.6%10.8%
HV 60d8.9%8.3%9.2%9.1%8.9%
IV Rank6.8%0.0%25.0%8.6%13.4%
IV Percentile7.1%0.0%33.3%7.1%16.1%
Term Structure5.8%-18.8%20.9%2.4%-3.6%
VWIV19.1%12.3%25.5%25.5%19.4%
Skew 25d2.8%-16.5%18.9%0.1%0.5%
Skew 10d10.6%1.0%58.8%1.7%1.3%
Call IV 25d25.0%17.6%51.4%32.3%28.0%
Put IV 25d27.8%18.9%47.1%32.4%28.5%
Bid-Ask Spread %135.20123.80144.60137.44123.80
Gamma HHI0.970.960.990.990.96
Net GEX1.4M1.1M1.6M1.2M1.4M
Net DEX-8.7M-13.8M-5.8M-9.2M-8.1M
Net VEX-43.8K-55.8K-33.0K-50.5K-39.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.001.360.000.00
Total Volume34.8640145555
Total OI15,588.68215,42815,90515,42815,905

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$21.70$22.0027.6%7.9%7.6%0.0%0.0%0.1%2.4%1.2M-9.2M-50.5K0.00137.44N/AN/A5015,40919
2023-10-03$21.63$22.0036.4%10.4%7.1%0.0%0.0%-0.3%11.6%1.2M-9.3M-50.0K0.00144.60N/AN/A3015,41419
2023-10-04$21.87$22.0038.2%11.0%7.9%0.0%0.0%-0.3%-18.8%1.3M-10.1M-52.9K0.00139.00N/AN/A2015,41719
2023-10-05$21.94$0.0032.4%7.4%7.4%0.0%0.0%-0.1%-4.2%1.6M-8.9M-49.9K0.00137.71N/AN/A0115,41917
2023-10-06$21.81$0.0022.5%7.4%7.7%0.0%0.0%10.5%-7.8%1.5M-8.1M-46.2K0.00132.81N/AN/A2015,41918
2023-10-09$22.18$0.0026.3%7.3%9.9%0.0%25.5%2.1%-3.5%1.1M-13.8M-55.8K0.00136.93N/AN/A125015,42118
2023-10-10$22.07$22.0017.0%6.4%10.0%0.0%21.9%-2.9%3.7%1.6M-10.8M-51.1K0.00134.99N/AN/A0115,54618
2023-10-11$21.98$22.0022.0%6.3%10.0%0.0%22.8%-4.5%2.5%1.5M-10.2M-50.5K0.06139.92N/AN/A35215,54719
2023-10-12$21.84$22.0020.2%5.8%10.2%0.0%16.1%1.2%7.6%1.5M-8.3M-44.1K0.19134.11N/AN/A1052015,57221
2023-10-13$21.88$22.0020.3%5.8%10.2%0.0%0.0%2.0%10.0%1.5M-8.7M-46.7K0.00136.99N/AN/A110015,48640
2023-10-16$21.79$22.0021.6%6.2%10.3%8.6%0.0%-0.1%8.2%1.4M-8.1M-42.9K0.00131.13N/AN/A8015,59640
2023-10-17$21.52$22.0019.6%5.6%11.0%4.8%0.0%14.4%15.8%1.2M-6.3M-35.7K0.06136.07N/AN/A31215,60640
2023-10-18$21.54$22.0019.2%5.5%10.9%4.0%0.0%6.0%11.4%1.2M-6.4M-35.6K0.00136.51N/AN/A0015,62752
2023-10-19$21.66$22.0020.5%5.9%11.1%6.4%0.0%17.1%9.8%1.4M-6.7M-38.5K0.00133.84N/AN/A3015,62752
2023-10-20$21.82$22.0015.2%4.4%11.4%0.0%12.3%4.5%15.4%1.4M-8.3M-41.4K1.36133.52N/AN/A111515,63052
2023-10-23$21.86$22.0018.7%5.4%11.4%6.3%0.0%1.1%3.5%1.5M-8.3M-40.2K0.00133.43N/AN/A0015,60023
2023-10-24$21.79$22.0017.7%5.1%11.5%4.4%0.0%2.5%12.9%1.5M-7.0M-36.7K0.00135.37N/AN/A0015,60023
2023-10-25$21.68$22.0015.6%4.5%11.4%0.7%15.5%18.9%20.9%1.4M-5.8M-33.0K0.00142.48N/AN/A0915,60023
2023-10-26$21.76$22.0014.5%4.2%11.1%0.0%0.0%2.4%13.2%1.6M-6.2M-35.2K0.00132.96N/AN/A20015,60032
2023-10-27$21.84$22.0028.7%8.2%11.2%25.0%0.0%-16.5%11.3%1.1M-11.8M-47.1K0.00132.90N/AN/A57015,62130
2023-10-30$21.77$22.0019.4%5.6%10.8%8.6%19.4%3.7%6.0%1.3M-9.9M-41.6K0.00128.01N/AN/A145015,68430
2023-10-31$21.70$22.0022.1%6.3%10.8%13.4%0.0%0.5%-3.6%1.4M-8.1M-39.2K0.00123.80N/AN/A55015,87530