TUA Options History — May 2024

In May 2024, TUA traded between $20.88 and $21.51. ATM implied volatility averaged 13.7%, placing in the 10.7% IV rank vs the trailing year. The 30-day expected move averaged 2.9%. IV traded above realized volatility by 5.0% (HV 20d: 8.6%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 3.37.

Notable Days

  • 2024-05-23: Highest Volume — 711 contracts
  • 2024-05-10: Largest IV spike — 359.1% change
  • 2024-05-10: Highest IV Rank — 63.4%
  • 2024-05-10: Largest Expected Move — 4.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.22$20.88$21.51$21.05$21.07
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV13.7%6.7%47.6%8.9%7.9%
Expected Move2.9%1.9%4.3%2.6%2.3%
HV 20d8.6%6.7%11.7%11.4%6.7%
HV 60d9.2%8.7%9.8%9.7%8.7%
IV Rank10.7%0.0%63.4%3.3%1.8%
IV Percentile18.4%0.0%96.8%2.4%2.0%
Term Structure13.8%-5.5%51.4%-1.4%27.0%
VWIV13.5%5.6%49.6%9.5%5.6%
Skew 25d-3.7%-7.8%-0.4%-1.3%-1.0%
Skew 10d-4.2%-11.5%21.4%-2.0%-3.5%
Call IV 25d12.9%9.8%16.5%11.2%10.8%
Put IV 25d9.1%5.6%11.8%9.9%9.9%
Bid-Ask Spread %127.26117.56140.13136.13125.27
Gamma HHI0.480.270.710.710.43
Net GEX-363.3K-775.5K-51.2K-775.5K-350.4K
Net DEX829.2K-208.7K2.1M2.1M862.6K
Net VEX-14.1K-15.1K-12.6K-15.0K-15.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.370.0035.932.000.00
Total Volume103.9090711326
Total OI6,406.5915,4147,0156,7896,359

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$21.05$21.008.9%2.6%11.4%3.3%9.5%-1.3%-1.4%-775.5K2.1M-15.0K2.00136.13N/AN/A122,8523,937
2024-05-02$21.19$21.006.7%1.9%11.7%0.0%9.2%-2.1%3.1%-688.0K1.6M-14.4K0.07140.13N/AN/A8062,8533,939
2024-05-03$21.34$21.006.7%1.9%11.6%0.0%8.0%-5.0%4.8%-464.8K1.0M-15.1K0.08131.29N/AN/A2422,9033,945
2024-05-06$21.30$21.0010.7%3.3%11.6%6.2%12.5%-3.9%-2.5%-497.8K1.2M-14.2K0.00129.40N/AN/A1602,9123,946
2024-05-07$21.30$21.009.6%3.5%11.4%4.4%10.6%-2.6%-2.6%-584.5K953.6K-14.1K0.12122.64N/AN/A5262,9263,946
2024-05-08$21.30$21.0042.7%2.8%7.9%55.7%9.3%-1.8%1.7%-346.8K1.5M-14.8K0.02123.28N/AN/A10022,9763,943
2024-05-09$21.34$21.0010.4%2.7%7.9%5.7%11.3%-0.4%3.9%-540.8K626.8K-14.4K35.93124.05N/AN/A155393,0723,943
2024-05-10$21.24$21.0047.6%4.3%7.9%63.4%17.8%-4.8%-5.5%-268.8K1.0M-14.7K0.01129.96N/AN/A10913,1803,411
2024-05-13$21.26$21.0023.0%3.2%7.8%25.2%11.3%-2.5%3.1%-471.4K679.6K-14.2K0.00126.48N/AN/A3603,2673,412
2024-05-14$21.34$21.0015.3%3.0%7.8%13.3%0.0%-3.3%6.9%-412.6K198.2K-13.6K0.00130.20N/AN/A3303,2783,412
2024-05-15$21.51$21.0010.8%3.1%8.1%6.3%12.3%-2.8%5.8%-239.1K128.4K-12.6K0.00129.85N/AN/A12203,2453,412
2024-05-16$21.38$21.0013.1%3.8%8.2%9.9%0.0%-4.9%51.4%-268.2K727.6K-13.3K0.03126.73N/AN/A2913,1993,412
2024-05-17$21.34$21.0011.3%3.2%8.2%7.1%49.6%-5.9%21.8%-88.8K-208.7K-13.1K0.00128.41N/AN/A013,1903,413
2024-05-20$21.30$21.0010.7%3.1%8.3%6.2%0.0%-7.8%21.1%-157.7K16.3K-12.9K0.00127.08N/AN/A003,0772,337
2024-05-21$21.32$21.0010.9%3.1%8.2%6.6%13.2%-7.0%22.3%-98.6K317.8K-13.1K0.01127.83N/AN/A11013,0772,337
2024-05-22$21.24$21.009.1%2.6%8.2%3.7%13.8%-7.5%20.4%-51.2K299.2K-13.2K0.25132.85N/AN/A413,0792,338
2024-05-23$21.13$21.0010.0%2.9%7.2%5.1%18.5%-7.1%21.8%-162.5K412.7K-12.9K26.35126.88N/AN/A266853,0792,337
2024-05-24$20.99$21.008.3%2.4%7.7%2.4%6.9%-5.1%25.1%-307.2K791.3K-15.1K1.48117.99N/AN/A56833,0843,022
2024-05-28$20.95$21.008.7%2.5%7.6%3.1%10.7%-0.6%25.1%-353.0K1.2M-14.3K1.00124.10N/AN/A30303,1373,105
2024-05-29$20.88$21.009.3%2.7%7.4%4.0%0.0%-1.7%23.4%-415.9K1.5M-14.8K0.00117.56N/AN/A4903,1673,135
2024-05-30$20.98$21.008.5%2.4%7.0%2.7%0.0%-2.5%27.5%-449.5K1.2M-14.9K0.00121.67N/AN/A803,2163,135
2024-05-31$21.07$21.007.9%2.3%6.7%1.8%5.6%-1.0%27.0%-350.4K862.6K-15.0K0.00125.27N/AN/A2603,2243,135