OCSL Options History — April 2018

In April 2018, OCSL traded between $12.75 and $13.11. ATM implied volatility averaged 38.5%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 22.6% (HV 20d: 15.9%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 8.40.

Notable Days

  • 2018-04-19: Highest Volume — 120 contracts
  • 2018-04-09: Largest IV spike — 50.0% change
  • 2018-04-26: Highest IV Rank — 36.2%
  • 2018-04-02: Largest Expected Move — 14.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.00$12.75$13.11$12.75$13.05
Max Pain$15.00$15.00$15.00$15.00$15.00
ATM IV38.5%24.9%58.6%50.4%31.6%
Expected Move10.0%7.1%14.4%14.4%9.1%
HV 20d15.9%11.7%20.6%19.4%12.2%
HV 60d22.5%22.1%23.2%22.8%22.1%
IV Rank21.8%10.6%36.2%23.8%17.9%
IV Percentile42.5%4.7%80.8%53.2%26.5%
Term Structure-13.2%-27.1%9.9%4.0%-11.0%
VWIV34.7%24.9%51.2%25.5%31.8%
Skew 25d3.3%-4.0%20.3%3.5%4.2%
Skew 10d17.4%-0.1%104.8%18.8%1.8%
Call IV 25d27.2%21.3%34.4%26.7%30.7%
Put IV 25d30.4%24.7%54.7%30.2%34.9%
Bid-Ask Spread %41.017.9999.3178.4821.45
Gamma HHI0.710.490.870.790.51
Net GEX1.6K-7334.6K2.5K-733
Net DEX229.0K148.1K271.5K191.1K258.8K
Net VEX-797-1.1K-603-804-666
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio8.405.3613.296.009.11
Total Volume103.817012082118
Total OI888.81855914855914

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-04-02$12.75$0.0050.4%14.4%19.4%0.0%0.0%3.5%4.0%2.5K191.1K-8046.0078.481270593262
2018-04-03$12.99$0.0035.3%10.1%20.4%0.0%0.0%3.4%-6.2%838226.7K-6036.0079.931270593262
2018-04-04$13.08$0.0049.4%14.2%20.6%0.0%0.0%0.8%9.9%4.6K148.1K-1.1K6.0087.951270593262
2018-04-05$13.05$15.0054.3%7.3%20.1%0.0%25.5%4.4%-10.1%861181.4K-8425.9133.481165593262
2018-04-06$13.02$15.0039.1%8.6%18.1%0.0%31.9%1.3%-19.1%2.6K218.7K-6835.9115.151165595264
2018-04-09$13.02$15.0058.6%9.0%17.8%0.0%33.2%1.2%-20.4%2.5K186.7K-8315.3699.311159595264
2018-04-10$12.96$15.0045.1%9.6%17.6%0.0%36.1%-0.5%-24.5%3.3K217.3K-6495.3642.791159595264
2018-04-11$13.05$15.0030.0%8.6%17.9%0.0%31.0%4.3%-16.6%2.1K207.7K-6809.6796.2311106595264
2018-04-12$12.96$15.0034.4%9.9%15.4%0.0%37.2%-0.4%-25.5%2.8K248.0K-9119.6715.1811106595311
2018-04-13$12.90$15.0034.3%9.8%14.9%0.0%37.3%-1.0%-25.2%2.2K262.2K-7969.6754.2511106595311
2018-04-16$13.08$15.0026.4%7.6%15.5%0.0%24.9%6.4%-7.0%-394269.2K-7119.6715.5511106595311
2018-04-17$13.02$15.0034.5%9.9%15.6%0.0%36.5%3.2%-22.8%1.9K266.4K-7749.6717.0611106595311
2018-04-18$13.11$15.0034.7%9.9%15.4%0.0%38.2%-3.5%-19.8%3.3K217.0K-1.0K9.678.3811106595311
2018-04-19$13.05$15.0033.8%9.7%15.2%0.0%37.2%-4.0%-16.0%757210.9K-1.0K7.7823.0414106595311
2018-04-20$12.93$15.0037.2%10.7%15.3%23.8%39.8%-0.6%-27.1%1.9K264.6K-7517.787.9914106598311
2018-04-23$12.96$15.0031.6%9.1%12.8%17.9%29.4%-2.3%-7.5%367240.4K-83110.2913.9710106598311
2018-04-24$12.96$15.0024.9%7.1%12.8%10.6%25.6%1.4%-3.4%-729268.3K-66613.2923.098106598311
2018-04-25$12.90$15.0036.2%10.4%11.7%22.7%37.8%11.0%-1.8%200203.4K-1.0K13.2945.558106598311
2018-04-26$13.08$15.0048.9%14.0%12.5%36.2%51.2%20.3%-23.6%2.1K250.9K-7878.1835.7013106598311
2018-04-27$13.02$15.0036.7%10.5%12.6%23.3%39.6%15.3%-4.5%-277271.5K-6368.1846.7013106603311
2018-04-30$13.05$15.0031.6%9.1%12.2%17.9%31.8%4.2%-11.0%-733258.8K-6669.1121.4512106603311