USMV Options History — May 2022

In May 2022, USMV traded between $70.05 and $75.04. ATM implied volatility averaged 24.0%, placing in the 62.8% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 0.7% (HV 20d: 23.3%). Max pain ranged from $74.00 to $77.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.59.

Notable Days

  • 2022-05-19: Highest Volume — 319 contracts
  • 2022-05-09: Largest IV spike — 51.4% change
  • 2022-05-09: Highest IV Rank — 100.0%
  • 2022-05-09: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$72.10$70.05$75.04$73.03$73.61
Max Pain$76.14$74.00$77.00$74.00$75.00
ATM IV24.0%18.9%38.6%26.8%21.3%
Expected Move6.6%5.4%7.8%7.7%6.1%
HV 20d23.3%18.4%26.0%18.5%24.1%
HV 60d18.7%16.8%20.0%16.8%19.6%
IV Rank62.8%39.8%100.0%99.3%47.2%
IV Percentile90.7%77.8%100.0%99.6%83.3%
Term Structure-1.6%-6.8%1.7%-3.0%-6.8%
VWIV20.8%18.0%24.6%21.2%18.6%
Skew 25d5.7%2.7%7.9%2.7%6.3%
Skew 10d11.1%4.4%17.5%6.6%9.2%
Call IV 25d20.1%15.4%26.2%23.3%20.2%
Put IV 25d25.9%21.0%34.0%26.0%26.5%
Bid-Ask Spread %85.9672.12107.1398.79103.83
Gamma HHI0.120.100.160.120.11
Net GEX35.1K13.1K56.2K47.1K53.6K
Net DEX146.5K-345.2K640.9K-23.7K-271.2K
Net VEX-5.8K-7.6K-4.1K-7.4K-5.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.370.870.390.63
Total Volume282.19254319283258
Total OI726.857591793781618

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$73.03$74.0026.8%7.7%18.5%99.3%21.2%2.7%-3.0%47.1K-23.7K-7.4K0.3998.79N/AN/A20479539242
2022-05-03$73.30$74.0025.3%7.2%18.4%91.9%21.4%7.9%-2.3%43.2K-31.5K-7.4K0.3899.23N/AN/A20979539243
2022-05-04$75.04$74.0020.2%5.8%20.7%67.7%19.5%5.4%1.7%56.2K-248.7K-7.5K0.37107.13N/AN/A21279544243
2022-05-05$72.94$77.0025.1%6.6%22.6%91.3%21.2%4.1%-0.3%52.0K-76.1K-7.6K0.4082.50N/AN/A19879550243
2022-05-06$72.74$77.0025.5%6.5%22.0%93.1%20.3%6.2%-1.0%37.9K74.8K-7.1K0.4485.49N/AN/A17879549243
2022-05-09$71.37$77.0038.6%7.8%22.5%100.0%24.6%7.8%-2.1%41.0K149.1K-6.6K0.4786.24N/AN/A17884524243
2022-05-10$71.23$77.0029.2%7.5%22.3%71.2%23.7%7.8%-0.5%22.6K311.1K-6.2K0.5172.12N/AN/A16886524248
2022-05-11$70.82$77.0026.4%7.6%22.3%62.6%23.7%6.3%-2.0%21.5K370.4K-6.0K0.5177.19N/AN/A17086514250
2022-05-12$70.71$77.0024.3%7.0%21.8%56.4%21.6%6.2%-0.6%13.9K486.2K-5.4K0.5174.55N/AN/A17187516251
2022-05-13$72.22$77.0022.2%6.4%23.7%49.9%20.2%4.6%-1.8%13.1K339.2K-5.8K0.6976.28N/AN/A168116517253
2022-05-16$72.15$77.0022.5%6.5%23.5%50.7%20.0%6.7%-1.3%26.3K171.4K-5.8K0.6078.49N/AN/A197119520233
2022-05-17$72.72$77.0019.5%5.6%22.9%41.5%19.4%5.7%0.5%35.8K161.6K-5.8K0.6084.08N/AN/A198119554230
2022-05-18$70.08$77.0025.2%7.2%25.5%58.9%21.8%4.7%-4.0%21.7K487.2K-4.9K0.6885.26N/AN/A174119553230
2022-05-19$70.05$77.0023.0%6.6%25.5%52.3%18.2%5.3%-3.1%14.7K640.9K-4.2K0.7380.75N/AN/A184135553227
2022-05-20$70.12$76.0022.1%6.3%25.1%49.6%21.3%7.1%-1.0%50.5K537.8K-4.1K0.7483.73N/AN/A181134563215
2022-05-23$71.16$76.0022.4%6.4%26.0%50.5%21.3%4.4%-1.6%28.5K214.7K-4.5K0.8777.39N/AN/A152132408183
2022-05-24$71.83$76.0021.7%6.2%25.8%48.4%20.8%4.6%-1.4%31.1K179.8K-4.5K0.8780.26N/AN/A152132412184
2022-05-25$71.98$76.0023.1%6.6%25.9%52.7%18.0%5.1%-0.7%32.4K121.3K-4.7K0.8288.55N/AN/A156128412185
2022-05-26$72.99$76.0020.3%5.8%25.8%43.9%22.2%6.5%-1.1%40.5K-172.3K-5.3K0.5791.29N/AN/A176101417177
2022-05-27$74.01$75.0018.9%5.4%24.4%39.8%18.3%5.0%-0.9%53.6K-345.2K-5.6K0.5992.09N/AN/A169100435180
2022-05-31$73.61$75.0021.3%6.1%24.1%47.2%18.6%6.3%-6.8%53.6K-271.2K-5.3K0.63103.83N/AN/A158100438180