OCSL Options History — August 2018

In August 2018, OCSL traded between $14.67 and $15.30. ATM implied volatility averaged 17.7%, placing in the 5.6% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 4.4% (HV 20d: 13.3%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 0.54.

Notable Days

  • 2018-08-17: Highest Volume — 121 contracts
  • 2018-08-15: Largest IV spike — 43.5% change
  • 2018-08-03: Highest IV Rank — 15.6%
  • 2018-08-03: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.04$14.67$15.30$14.67$15.27
Max Pain$15.00$15.00$15.00$15.00$15.00
ATM IV17.7%11.6%28.3%23.4%15.5%
Expected Move5.1%3.3%8.1%6.7%4.5%
HV 20d13.3%7.7%15.3%13.0%7.8%
HV 60d15.6%14.1%22.2%22.2%14.1%
IV Rank5.6%0.0%15.6%10.5%4.1%
IV Percentile9.7%0.0%34.2%18.8%6.4%
Term Structure2.7%-5.3%24.8%10.0%2.8%
VWIV18.8%11.6%35.6%35.6%15.5%
Bid-Ask Spread %46.339.8093.9469.4520.30
Gamma HHI1.001.001.001.001.00
Net GEX8.6K-2.3K34.6K3.3K3.9K
Net DEX9.3K-308.2K126.1K126.1K-37.8K
Net VEX-1.2K-1.4K-899-1.3K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.041.450.970.27
Total Volume49.739281214428
Total OI577.913333739710403

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-08-01$14.67$15.0023.4%6.7%13.0%10.5%35.6%0.0%10.0%3.3K126.1K-1.3K0.9769.452222363347
2018-08-02$15.03$15.0022.2%6.4%15.2%9.2%23.1%0.0%-1.9%5.6K-12.4K-1.3K0.6759.813423363347
2018-08-03$15.03$15.0028.3%8.1%14.4%15.6%28.3%0.0%-5.3%4.5K-7.6K-1.4K0.5771.424023379347
2018-08-06$14.91$15.0023.9%5.6%14.6%10.9%19.9%0.0%0.8%4.7K34.6K-1.3K0.6472.403523373347
2018-08-07$14.94$15.0025.8%5.7%14.4%12.9%20.4%0.0%4.4%4.6K-954-1.3K0.6867.683725373351
2018-08-08$14.79$15.0019.5%3.9%15.1%6.4%15.9%0.0%5.0%7.6K121.7K-1.2K0.6520.543825374351
2018-08-09$14.94$15.0017.6%4.5%15.3%4.3%17.1%0.0%1.9%9.3K36.7K-1.2K1.4541.831725373351
2018-08-10$14.94$15.0013.5%6.0%15.0%0.0%21.1%0.0%-1.1%14.7K59.2K-1.2K0.8539.932723375351
2018-08-13$14.97$15.0011.9%5.3%14.9%0.0%14.8%0.0%5.9%23.3K25.7K-1.2K0.8522.282723385352
2018-08-14$14.91$15.0013.4%5.6%15.1%1.5%22.2%0.0%-2.8%20.5K105.2K-1.1K0.8533.392723385352
2018-08-15$15.00$15.0019.2%5.5%15.2%7.6%19.2%0.0%5.9%23.9K6.9K-1.1K0.8721.792623385352
2018-08-16$15.00$15.0011.6%3.3%15.2%0.0%11.6%0.0%8.7%25.3K4.3K-1.0K0.8746.352623385353
2018-08-17$15.03$15.0016.1%4.6%14.6%4.7%16.1%0.0%2.7%34.6K-308.2K-8990.9434.366259386353
2018-08-20$15.00$15.0014.0%4.0%14.7%2.5%14.7%0.0%-3.3%-2.3K50.2K-1.0K0.1232.67253143190
2018-08-21$15.00$15.0015.5%4.4%13.7%4.0%15.9%0.0%-4.4%-72858.9K-1.0K0.0954.58333159193
2018-08-22$15.12$15.0017.7%5.1%12.0%6.3%18.9%0.0%24.8%-51242.9K-1.0K0.0493.94672166192
2018-08-23$15.18$15.0017.2%4.9%12.0%5.8%17.3%0.0%1.4%2.4K-1.9K-1.2K0.0456.67672201192
2018-08-24$15.15$15.0014.1%4.0%12.1%2.6%14.9%0.0%4.0%2.4K-10.8K-1.2K0.099.80262201192
2018-08-27$15.24$15.0016.8%4.8%11.3%5.4%17.9%0.0%1.1%2.6K-12.1K-1.2K0.2238.61266207192
2018-08-28$15.27$15.0016.8%4.8%11.3%5.4%17.6%0.0%0.7%2.5K-21.2K-1.2K0.2282.55266207195
2018-08-29$15.27$15.0014.9%4.3%11.3%3.4%16.6%0.0%-0.1%2.5K-25.0K-1.2K0.2238.56266208195
2018-08-30$15.30$15.0017.5%5.0%7.7%6.1%18.2%0.0%0.7%2.6K-20.9K-1.1K0.2236.60266208195
2018-08-31$15.27$15.0015.5%4.5%7.8%4.1%15.5%0.0%2.8%3.9K-37.8K-1.1K0.2720.30226208195