TUA Options History — December 2023

In December 2023, TUA traded between $22.29 and $23.20. ATM implied volatility averaged 19.1%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 4.7% (HV 20d: 14.4%). Max pain ranged from $21.00 to $22.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.37.

Notable Days

  • 2023-12-12: Highest Volume — 20,715 contracts
  • 2023-12-13: Largest IV spike — 204.8% change
  • 2023-12-13: Highest IV Rank — 68.6%
  • 2023-12-13: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.84$22.29$23.20$22.71$23.13
Max Pain$21.95$21.00$22.00$22.00$22.00
ATM IV19.1%11.9%51.8%25.3%15.7%
Expected Move5.2%2.7%14.9%7.2%4.5%
HV 20d14.4%13.5%15.2%14.4%14.2%
HV 60d12.4%11.2%13.1%11.2%12.8%
IV Rank15.8%4.2%68.6%25.8%10.3%
IV Percentile18.9%5.5%97.0%34.0%12.4%
Term Structure12.5%-4.2%23.4%-4.2%17.3%
VWIV16.8%11.0%34.3%11.0%15.7%
Skew 25d-5.9%-35.8%11.2%-6.8%-9.4%
Skew 10d8.2%-42.3%110.4%-42.3%-25.1%
Call IV 25d21.1%10.5%42.4%21.8%23.2%
Put IV 25d15.2%6.6%35.6%14.9%13.8%
Bid-Ask Spread %131.15103.71137.71127.02135.16
Gamma HHI0.870.800.920.920.85
Net GEX3.5M2.2M4.6M2.9M4.2M
Net DEX-21.6M-31.2M-9.5M-15.0M-26.5M
Net VEX-65.6K-83.3K-48.5K-56.7K-59.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.004.670.670.00
Total Volume1,580.75520,7155017
Total OI25,533.723,25929,53023,25924,271

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$22.71$22.0025.3%7.2%14.4%25.8%0.0%-6.8%-4.2%2.9M-15.0M-56.7K0.67127.02N/AN/A302019,5373,722
2023-12-04$22.52$21.0022.8%5.8%13.9%21.8%11.0%2.4%16.7%2.2M-16.3M-64.2K0.07131.87N/AN/A119819,5663,722
2023-12-05$22.66$22.0018.5%6.0%13.5%14.8%12.6%11.2%15.8%3.3M-17.7M-60.9K0.04131.77N/AN/A45219,5893,728
2023-12-06$22.59$22.0026.8%6.2%13.6%28.2%19.5%-10.1%10.3%2.3M-13.8M-56.6K0.00131.02N/AN/A207119,6033,728
2023-12-07$22.64$22.0019.8%4.6%13.6%16.9%16.7%7.1%12.8%2.5M-15.5M-60.4K0.00127.11N/AN/A194019,6753,729
2023-12-08$22.32$22.0011.9%2.9%14.1%4.2%14.1%0.4%22.9%2.8M-10.1M-51.0K1.54128.55N/AN/A17527019,8223,729
2023-12-11$22.32$22.0012.9%2.9%14.1%5.7%18.0%-1.5%23.3%2.7M-10.8M-54.0K4.67131.27N/AN/A7334119,8563,972
2023-12-12$22.29$22.0017.0%2.7%14.1%12.4%13.8%-1.6%23.4%2.6M-9.5M-48.5K0.01132.50N/AN/A20,59212319,8814,313
2023-12-13$22.89$22.0051.8%14.9%15.2%68.6%34.3%-35.8%-2.3%3.1M-22.0M-73.0K0.00136.74N/AN/A77024,9464,434
2023-12-14$23.07$22.0013.3%3.8%14.7%6.4%13.3%0.6%12.4%4.2M-30.4M-83.3K0.01136.65N/AN/A367524,9644,434
2023-12-15$22.91$22.0016.7%4.8%15.0%12.0%17.0%-17.9%13.3%4.5M-23.4M-73.9K0.00137.71N/AN/A573025,1014,429
2023-12-18$22.91$22.0017.0%4.9%14.7%12.5%0.0%-4.8%10.2%3.7M-23.2M-71.2K0.00136.51N/AN/A31024,4421,846
2023-12-19$22.95$22.0018.1%5.2%14.7%14.3%0.0%-9.4%8.7%3.9M-25.3M-76.4K0.00131.91N/AN/A56024,4731,846
2023-12-20$23.16$22.0019.1%5.5%14.9%15.8%0.0%-10.3%6.9%3.9M-27.5M-70.6K0.00136.92N/AN/A62024,4391,846
2023-12-21$23.16$22.0017.7%5.1%14.9%13.5%17.7%-22.4%8.9%3.4M-29.1M-75.7K0.30136.63N/AN/A662024,3911,846
2023-12-22$23.20$22.0014.4%4.1%14.6%8.2%0.0%-5.1%12.2%4.5M-29.8M-71.0K0.05136.07N/AN/A41224,3451,846
2023-12-26$23.02$22.0015.4%4.4%15.1%9.9%0.0%-7.6%12.9%4.6M-27.4M-68.8K0.00123.35N/AN/A5024,3551,846
2023-12-27$23.16$22.0013.5%3.9%14.7%6.8%0.0%2.5%14.1%4.6M-31.2M-67.4K0.00103.71N/AN/A34024,3501,846
2023-12-28$23.09$22.0014.8%4.3%14.6%8.9%14.8%1.4%13.7%4.6M-28.1M-68.5K0.00130.56N/AN/A8,059024,3601,846
2023-12-29$23.13$22.0015.7%4.5%14.2%10.3%15.7%-9.4%17.3%4.2M-26.5M-59.9K0.00135.16N/AN/A17022,4251,846