OCSL Options History — April 2019

In April 2019, OCSL traded between $15.54 and $15.99. ATM implied volatility averaged 24.3%, placing in the 16.4% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 14.2% (HV 20d: 10.1%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 2.24.

Notable Days

2019-04-05: Highest Volume — 63 contracts
2019-04-02: Largest IV spike — 54.6% change
2019-04-24: Highest IV Rank — 31.1%
2019-04-24: Largest Expected Move — 10.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.80	$15.54	$15.99	$15.69	$15.81
Max Pain	$15.00	$15.00	$15.00	$15.00	$15.00
ATM IV	24.3%	16.9%	35.7%	19.8%	21.8%
Expected Move	6.4%	4.4%	10.2%	5.2%	6.3%
HV 20d	10.1%	8.6%	11.3%	10.2%	11.3%
HV 60d	15.0%	13.8%	16.5%	16.5%	13.9%
IV Rank	16.4%	6.8%	31.1%	10.6%	13.2%
IV Percentile	45.4%	15.1%	76.6%	30.2%	41.3%
Term Structure	0.9%	-8.8%	8.6%	-1.6%	0.6%
VWIV	26.8%	14.8%	35.7%	22.4%	31.6%
Bid-Ask Spread %	16.80	8.53	53.77	21.82	18.25
Gamma HHI	1.00	0.98	1.00	1.00	1.00
Net GEX	10.0K	6.5K	13.3K	8.1K	12.0K
Net DEX	-336.4K	-412.6K	-235.6K	-270.3K	-394.1K
Net VEX	-827	-1.0K	-572	-956	-626
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.24	0.00	10.25	10.00	1.67
Total Volume	6.667	0	63	14	0
Total OI	492.571	449	520	449	486

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2019-04-01	$15.69	$15.00	19.8%	5.2%	10.2%	10.6%	22.4%	0.0%	-1.6%	8.1K	-270.3K	-956	10.00	21.82	1	13	300	149
2019-04-02	$15.63	$15.00	30.6%	6.7%	10.2%	24.5%	26.1%	0.0%	-0.4%	7.2K	-250.3K	-1.0K	10.00	53.77	1	13	300	156
2019-04-03	$15.54	$15.00	19.1%	6.2%	10.4%	9.7%	26.3%	0.0%	-2.6%	6.5K	-235.6K	-1.0K	10.25	12.40	1	14	300	156
2019-04-04	$15.69	$15.00	21.8%	5.4%	10.9%	13.2%	23.4%	0.0%	-1.7%	7.8K	-264.6K	-969	2.00	16.58	1	3	300	156
2019-04-05	$15.90	$15.00	24.0%	4.4%	11.2%	16.0%	14.8%	0.0%	8.6%	7.2K	-349.7K	-734	0.07	11.68	59	4	300	157
2019-04-08	$15.90	$15.00	27.4%	5.2%	10.3%	20.4%	0.0%	0.0%	4.7%	9.8K	-384.4K	-791	0.00	15.12	0	0	358	159
2019-04-09	$15.90	$15.00	28.9%	4.6%	10.3%	22.3%	0.0%	0.0%	8.2%	9.0K	-406.8K	-705	0.44	12.54	3	1	359	159
2019-04-10	$15.96	$15.00	18.3%	5.2%	10.3%	8.6%	0.0%	0.0%	3.0%	9.0K	-392.9K	-743	0.44	14.66	3	1	359	158
2019-04-11	$15.87	$15.00	16.9%	4.8%	10.4%	6.8%	0.0%	0.0%	7.2%	9.6K	-396.1K	-733	0.44	12.07	3	1	359	158
2019-04-12	$15.78	$15.00	17.7%	5.1%	10.2%	7.9%	0.0%	0.0%	-4.9%	9.8K	-367.0K	-828	0.44	16.69	3	1	359	158
2019-04-15	$15.69	$15.00	19.9%	5.7%	9.7%	10.8%	0.0%	0.0%	-0.0%	10.9K	-318.2K	-923	0.00	12.91	0	0	359	160
2019-04-16	$15.72	$15.00	19.2%	5.5%	9.6%	9.8%	21.5%	0.0%	0.6%	11.7K	-356.2K	-805	0.00	15.58	0	0	359	160
2019-04-17	$15.69	$15.00	20.6%	5.9%	8.6%	11.7%	24.4%	0.0%	-0.7%	10.7K	-315.9K	-904	0.00	11.93	2	0	358	160
2019-04-18	$15.66	$15.00	28.0%	8.0%	8.7%	21.3%	27.8%	0.0%	-3.4%	12.5K	-301.3K	-928	0.17	11.93	2	0	360	160
2019-04-22	$15.84	$15.00	27.7%	7.9%	9.4%	20.8%	31.4%	0.0%	5.2%	13.3K	-329.3K	-837	0.00	16.66	0	0	360	128
2019-04-23	$15.90	$15.00	32.4%	9.3%	9.2%	26.9%	31.3%	0.0%	-5.4%	12.4K	-336.5K	-823	0.10	12.19	3	0	360	129
2019-04-24	$15.99	$15.00	35.7%	10.2%	9.3%	31.1%	35.7%	0.0%	-8.8%	11.7K	-342.9K	-796	0.33	8.53	1	0	358	129
2019-04-25	$15.93	$15.00	29.2%	8.4%	9.5%	22.7%	31.4%	0.0%	8.6%	10.6K	-334.2K	-811	1.67	18.93	1	2	357	129
2019-04-26	$15.72	$15.00	30.5%	8.7%	10.5%	24.4%	31.6%	0.0%	-6.7%	11.6K	-306.0K	-832	1.67	19.92	1	2	357	129
2019-04-29	$15.90	$15.00	20.3%	5.8%	11.2%	11.3%	0.0%	0.0%	7.9%	9.4K	-412.6K	-572	0.00	18.56	0	0	357	129
2019-04-30	$15.81	$15.00	21.8%	6.3%	11.3%	13.2%	0.0%	0.0%	0.6%	12.0K	-394.1K	-626	0.00	18.25	0	0	357	129