USMV Options History — April 2026

In April 2026, USMV traded between $92.75 and $93.12. ATM implied volatility averaged 18.5%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 7.2% (HV 20d: 11.3%). Max pain ranged from $94.00 to $95.00. Net GEX was positive for 0 of 2 trading days. Term structure was in contango for 0 of 2 days.

Notable Days

  • 2026-04-02: Highest Volume — 3 contracts
  • 2026-04-02: Largest IV drop — 20.4% change
  • 2026-04-01: Highest IV Rank — 36.7%
  • 2026-04-01: Largest Expected Move — 5.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$92.94$92.75$93.12$92.75$93.12
Max Pain$94.50$94.00$95.00$95.00$94.00
ATM IV18.5%16.4%20.6%20.6%16.4%
Expected Move5.3%4.7%5.9%5.9%4.7%
HV 20d11.3%11.3%11.3%11.3%11.3%
HV 60d9.0%9.0%9.1%9.1%9.0%
IV Rank31.4%26.2%36.7%36.7%26.2%
IV Percentile89.5%84.9%94.0%94.0%84.9%
Term Structure-1.7%-2.3%-1.1%-2.3%-1.1%
VWIV16.1%16.1%16.1%16.1%16.1%
Skew 25d8.1%7.0%9.2%7.0%9.2%
Skew 10d2.8%1.0%4.6%1.0%4.6%
Call IV 25d13.1%12.0%14.2%14.2%12.0%
Put IV 25d21.2%21.2%21.2%21.2%21.2%
Bid-Ask Spread %65.5758.8272.3158.8272.31
Gamma HHI0.390.380.390.380.39
Net GEX-302.3K-314.8K-289.7K-289.7K-314.8K
Net DEX2.6M2.5M2.6M2.6M2.5M
Net VEX-16.6K-16.7K-16.4K-16.7K-16.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume21313
Total OI1,1041,1041,1041,1041,104

Daily Data (2 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-04-01$92.75$95.0020.6%5.9%11.3%36.7%16.1%7.0%-2.3%-289.7K2.6M-16.7K0.0058.82N/AN/A01154950
2026-04-02$93.12$94.0016.4%4.7%11.3%26.2%0.0%9.2%-1.1%-314.8K2.5M-16.4K0.0072.31N/AN/A03154950