USMV Options History — December 2024

In December 2024, USMV traded between $88.58 and $94.09. ATM implied volatility averaged 8.9%, placing in the 20.3% IV rank vs the trailing year. The 30-day expected move averaged 2.5%. IV traded below realized volatility by 0.7% (HV 20d: 9.6%). Max pain ranged from $84.00 to $100.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 18.87.

Notable Days

  • 2024-12-17: Highest Volume — 282 contracts
  • 2024-12-18: Largest IV spike — 76.3% change
  • 2024-12-10: Highest IV Rank — 46.7%
  • 2024-12-19: Largest Expected Move — 3.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$91.24$88.58$94.09$94.09$88.58
Max Pain$94.19$84.00$100.00$84.00$92.00
ATM IV8.9%6.1%14.1%8.0%10.1%
Expected Move2.5%1.7%3.6%2.3%2.9%
HV 20d9.6%8.1%11.8%11.8%8.6%
HV 60d9.7%9.2%10.3%9.5%10.3%
IV Rank20.3%6.0%46.7%15.6%26.3%
IV Percentile41.7%6.7%96.4%24.2%63.5%
Term Structure1.2%-1.5%5.4%1.1%0.4%
VWIV8.9%5.1%12.9%8.0%12.8%
Skew 25d3.2%-0.8%6.9%-0.6%1.4%
Skew 10d4.4%-3.8%9.7%-3.8%8.0%
Call IV 25d6.6%4.8%9.7%9.3%5.5%
Put IV 25d9.8%5.5%13.5%8.7%7.0%
Bid-Ask Spread %94.6181.65107.56101.4894.14
Gamma HHI0.190.140.260.220.14
Net GEX-119.8K-679.0K13.7K-18.4K-82.1K
Net DEX608.6K-1.2M4.2M-1.2M1.3M
Net VEX-22.7K-25.0K-18.2K-21.1K-18.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio18.870.00135.000.960.00
Total Volume67.810282454
Total OI2,292.9521,3582,8632,5091,363

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$94.09$84.008.0%2.3%11.8%15.6%8.0%-0.6%1.1%-18.4K-1.2M-21.1K0.96101.48N/AN/A23224942,015
2024-12-03$93.87$86.006.9%2.0%11.8%10.0%0.0%4.8%1.0%-73.7K-887.6K-21.4K42.0099.37N/AN/A1424792,037
2024-12-04$94.05$86.006.1%1.7%11.7%6.0%0.0%5.2%2.4%-96.2K-787.7K-22.3K0.00100.31N/AN/A5004792,067
2024-12-05$93.93$100.006.5%2.4%9.4%8.3%0.0%5.7%1.5%-54.3K-903.2K-23.1K0.0088.72N/AN/A005292,067
2024-12-06$93.47$100.007.3%2.8%9.6%12.1%12.9%5.2%-0.3%-71.6K-700.8K-23.2K3.5093.90N/AN/A275292,067
2024-12-09$92.78$100.008.5%2.4%9.6%18.2%0.0%3.7%1.5%-66.7K-260.4K-23.8K0.0091.48N/AN/A065312,075
2024-12-10$92.41$100.0014.1%2.7%9.7%46.7%0.0%3.0%-0.8%-75.8K-159.0K-24.2K0.0691.96N/AN/A5035582,081
2024-12-11$92.15$100.008.1%2.3%9.8%16.5%0.0%4.1%1.5%-50.2K-307.2K-25.0K8.0097.71N/AN/A186082,084
2024-12-12$92.06$100.008.2%2.4%9.7%16.9%0.0%-0.8%1.8%-59.9K-67.5K-25.0K1.0096.13N/AN/A556092,092
2024-12-13$91.77$100.006.4%1.8%9.0%7.7%0.0%1.0%4.8%-67.6K242.1K-24.9K0.00107.56N/AN/A006092,097
2024-12-16$91.30$100.008.8%2.5%8.1%19.9%5.1%3.8%2.1%-99.0K373.8K-24.7K0.0391.51N/AN/A12146092,097
2024-12-17$90.48$100.007.0%2.0%8.6%10.6%8.3%0.7%2.0%-98.2K1.5M-24.8K46.00102.53N/AN/A62765562,101
2024-12-18$88.90$91.0012.3%3.5%10.5%37.9%0.0%1.2%-0.5%-679.0K4.2M-24.2K0.0099.40N/AN/A01265562,307
2024-12-19$88.94$91.0012.5%3.6%10.1%38.9%10.3%2.9%-1.5%-409.4K3.5M-24.0K1.1599.55N/AN/A1171355562,215
2024-12-20$89.53$91.008.2%2.4%9.4%16.9%0.0%4.5%5.4%-337.1K2.0M-23.7K135.0081.65N/AN/A11356652,103
2024-12-23$89.40$91.0011.3%3.2%9.0%32.5%0.0%4.2%-0.4%-52.2K1.3M-22.4K0.0092.73N/AN/A056659762
2024-12-24$89.94$91.006.3%1.8%9.3%7.1%8.9%0.0%4.4%-27.2K825.9K-21.5K0.0096.72N/AN/A0170659729
2024-12-26$90.12$92.008.5%2.4%8.7%18.1%5.1%4.0%1.0%13.7K558.2K-20.0K7.6788.28N/AN/A323679679
2024-12-27$89.42$92.0011.5%3.3%8.8%33.8%0.0%6.9%-1.4%-36.4K1.0M-19.9K0.0087.34N/AN/A20687702
2024-12-30$88.91$91.0010.2%2.9%8.7%27.0%12.8%5.8%-0.1%-73.6K1.2M-18.6K0.0084.42N/AN/A020689672
2024-12-31$88.58$92.0010.1%2.9%8.6%26.3%0.0%1.4%0.4%-82.1K1.3M-18.2K0.0094.14N/AN/A04689674