TUA Options History — February 2024

In February 2024, TUA traded between $21.84 and $23.05. ATM implied volatility averaged 16.0%, placing in the 10.7% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 4.3% (HV 20d: 11.7%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 4 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 20.88.

Notable Days

  • 2024-02-28: Highest Volume — 3,140 contracts
  • 2024-02-05: Largest IV spike — 85.7% change
  • 2024-02-06: Highest IV Rank — 48.7%
  • 2024-02-06: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$22.26$21.84$23.05$23.05$21.95
Max Pain$22.00$22.00$22.00$22.00$22.00
ATM IV16.0%9.9%39.4%32.9%11.8%
Expected Move3.8%2.8%7.9%3.8%3.4%
HV 20d11.7%9.9%12.2%9.9%11.2%
HV 60d12.3%11.6%12.8%12.3%11.6%
IV Rank10.7%1.0%48.7%38.1%4.0%
IV Percentile17.8%2.4%83.7%63.5%8.2%
Term Structure12.0%-6.9%60.6%0.7%4.3%
VWIV11.7%2.7%15.1%13.4%11.7%
Skew 25d2.2%-24.8%93.0%-16.6%93.0%
Skew 10d7.7%-19.7%139.5%-10.3%139.5%
Call IV 25d15.0%9.1%32.1%32.1%11.0%
Put IV 25d17.2%3.7%103.9%15.5%103.9%
Bid-Ask Spread %124.26118.67131.26129.53131.26
Gamma HHI0.670.190.890.420.45
Net GEX-269.7K-673.5K229.9K217.1K-166.2K
Net DEX-68.0K-4.6M3.2M-4.6M1.3M
Net VEX-17.1K-20.9K-11.6K-11.6K-14.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio20.880.00261.130.00261.13
Total Volume489.103,140962,097
Total OI7,947.855,4788,9555,4788,244

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$23.05$22.0032.9%3.8%9.9%38.1%13.4%-16.6%0.7%217.1K-4.6M-11.6K0.00129.53N/AN/A9604,0731,405
2024-02-02$22.68$22.0017.1%4.3%11.3%12.6%12.9%-5.5%-0.2%225.6K-3.6M-12.7K0.38121.05N/AN/A5552094,1391,405
2024-02-05$22.46$22.0031.7%4.0%11.8%36.2%15.1%-4.9%0.9%229.9K-3.1M-14.3K6.91120.00N/AN/A745114,1961,611
2024-02-06$22.63$22.0039.4%7.9%12.1%48.7%2.7%-24.8%-6.9%40.9K-1.7M-17.2K24.77125.33N/AN/A307434,2772,752
2024-02-07$22.56$22.0024.4%7.0%12.1%24.4%12.7%-8.9%-2.2%-58.3K-1.5M-19.2K1.54122.83N/AN/A1562404,2943,333
2024-02-08$22.49$22.0014.1%4.0%12.1%7.8%12.9%-2.9%-1.8%-104.3K-1.0M-19.3K5.00120.86N/AN/A4204,1833,573
2024-02-09$22.44$22.0012.8%3.7%11.4%5.6%0.0%-3.3%1.5%-139.3K-1.5M-17.7K0.00126.48N/AN/A1004,1863,593
2024-02-12$22.45$22.0010.2%2.9%10.7%1.5%11.8%-1.8%5.6%-150.5K-1.8M-16.6K28.75126.23N/AN/A164604,1963,593
2024-02-13$22.06$22.0012.2%3.5%11.9%4.7%13.3%-5.4%0.7%-326.7K1.1M-18.6K4.50123.52N/AN/A1767924,1934,053
2024-02-14$22.20$22.0011.9%3.4%11.8%4.2%12.0%-4.8%1.5%-374.0K515.7K-20.9K0.29123.70N/AN/A724,3584,596
2024-02-15$22.23$22.009.9%2.8%11.8%1.0%0.0%-2.9%54.5%-491.9K209.1K-19.4K0.00120.49N/AN/A004,3584,597
2024-02-16$22.07$22.0010.8%3.1%11.9%2.3%10.8%-1.7%60.6%-673.5K1.4M-20.0K1.25123.14N/AN/A8104,3584,597
2024-02-20$22.19$22.0011.8%3.4%12.1%4.0%11.8%-4.9%19.6%-419.3K504.2K-18.7K0.02118.67N/AN/A13234,3194,343
2024-02-21$22.11$22.0011.2%3.2%12.1%3.0%0.0%41.6%16.9%-503.7K1.1M-18.5K0.00125.15N/AN/A004,4134,343
2024-02-22$21.96$22.0011.6%3.3%12.2%3.7%11.6%-0.4%24.8%-477.4K2.2M-18.0K0.02119.25N/AN/A16134,4134,343
2024-02-23$22.02$22.0010.7%3.1%12.0%2.2%10.7%0.3%18.6%-547.6K1.8M-17.2K2.17123.91N/AN/A23504,3094,346
2024-02-26$21.86$22.0011.2%3.2%11.9%3.0%11.2%-0.2%19.5%-570.6K2.3M-16.3K0.00126.65N/AN/A1504,2824,396
2024-02-27$21.84$22.0011.5%3.3%11.8%3.5%11.5%-1.4%19.7%-549.1K3.2M-15.7K38.00127.28N/AN/A1384,2744,365
2024-02-28$21.95$22.0012.1%3.5%12.0%4.6%12.1%0.3%0.8%-555.0K1.8M-15.7K1.13129.80N/AN/A1,4751,6654,2744,374
2024-02-29$21.95$22.0011.8%3.4%11.2%4.0%11.7%93.0%4.3%-166.2K1.3M-14.4K261.13131.26N/AN/A82,0894,5453,699