OCSL Options History — May 2019

In May 2019, OCSL traded between $15.78 and $17.13. ATM implied volatility averaged 36.3%, placing in the 31.9% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 18.8% (HV 20d: 17.5%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.46.

Notable Days

2019-05-29: Highest Volume — 17 contracts
2019-05-07: Largest IV spike — 108.2% change
2019-05-14: Highest IV Rank — 89.3%
2019-05-30: Largest Expected Move — 11.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$16.43	$15.78	$17.13	$15.78	$16.05
Max Pain	$15.00	$15.00	$15.00	$15.00	$15.00
ATM IV	36.3%	21.6%	80.9%	26.3%	25.5%
Expected Move	8.1%	6.2%	11.2%	7.5%	7.3%
HV 20d	17.5%	10.6%	21.4%	11.2%	21.2%
HV 60d	14.1%	11.3%	15.0%	13.7%	15.0%
IV Rank	31.9%	12.9%	89.3%	19.0%	18.0%
IV Percentile	70.5%	40.1%	99.2%	57.1%	52.0%
Term Structure	-12.7%	-30.7%	6.7%	3.7%	-2.9%
VWIV	31.0%	23.5%	40.9%	23.5%	40.9%
Bid-Ask Spread %	64.78	14.92	117.21	19.91	80.24
Gamma HHI	0.98	0.90	1.00	1.00	0.99
Net GEX	4.7K	1.4K	13.2K	13.2K	1.9K
Net DEX	-309.9K	-523.9K	-84.2K	-370.1K	-84.2K
Net VEX	-460	-688	-364	-667	-478
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.46	0.00	1.60	0.00	0.44
Total Volume	6.182	0	17	0	17
Total OI	372.955	199	503	486	210

Daily Data (22 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
2019-05-01	$15.78	$15.00	26.3%	7.5%	11.2%	19.0%	0.0%	0.0%	3.7%	13.2K	-370.1K	-667	0.00	19.91	0	0	357	129
2019-05-02	$15.96	$15.00	21.6%	6.2%	11.6%	12.9%	23.5%	0.0%	6.7%	7.9K	-429.6K	-512	0.00	49.35	14	0	357	129
2019-05-03	$15.84	$15.00	23.8%	6.8%	11.6%	15.8%	28.7%	0.0%	-7.1%	11.4K	-400.9K	-592	0.16	17.06	14	2	356	129
2019-05-06	$15.78	$15.00	23.6%	6.6%	10.6%	15.5%	0.0%	0.0%	-6.0%	10.9K	-397.4K	-575	0.00	97.68	0	0	356	131
2019-05-07	$15.78	$15.00	49.1%	7.4%	10.6%	48.4%	0.0%	0.0%	-4.0%	12.2K	-324.6K	-688	0.53	97.25	5	3	356	131
2019-05-08	$16.44	$15.00	43.5%	6.5%	18.1%	41.2%	0.0%	0.0%	-10.1%	5.7K	-455.6K	-461	1.60	98.89	2	3	356	131
2019-05-09	$16.41	$15.00	52.0%	7.3%	18.2%	52.1%	0.0%	0.0%	-11.6%	6.8K	-445.4K	-480	1.60	95.23	2	3	356	132
2019-05-10	$16.47	$15.00	48.6%	8.4%	18.0%	47.8%	0.0%	0.0%	-6.3%	4.9K	-464.5K	-443	0.50	117.21	1	1	359	132
2019-05-13	$16.53	$15.00	63.4%	8.4%	17.8%	66.9%	0.0%	0.0%	-16.9%	4.7K	-469.7K	-401	0.00	18.93	6	0	359	132
2019-05-14	$16.56	$15.00	80.9%	7.7%	17.5%	89.3%	0.0%	0.0%	-15.8%	5.2K	-470.2K	-458	0.27	77.03	11	3	366	133
2019-05-15	$16.71	$15.00	27.1%	7.8%	17.6%	20.1%	0.0%	0.0%	-19.7%	1.7K	-494.9K	-427	0.00	80.51	0	0	370	133
2019-05-16	$17.13	$15.00	34.0%	9.7%	19.1%	28.9%	0.0%	0.0%	-27.5%	1.4K	-523.9K	-364	0.00	20.56	10	0	370	133
2019-05-17	$16.95	$15.00	34.0%	9.7%	19.7%	28.9%	40.9%	0.0%	-30.7%	1.5K	-506.3K	-372	0.44	76.93	3	1	366	133
2019-05-20	$16.86	$15.00	32.1%	9.2%	19.8%	26.5%	0.0%	0.0%	-14.4%	1.6K	-131.5K	-387	0.00	14.92	0	0	144	55
2019-05-21	$16.92	$15.00	25.9%	7.4%	19.8%	18.5%	0.0%	0.0%	-13.0%	1.6K	-132.8K	-392	0.00	51.46	0	0	144	55
2019-05-22	$16.86	$15.00	33.2%	9.5%	19.9%	27.9%	0.0%	0.0%	-26.5%	1.6K	-131.5K	-384	0.00	15.51	0	0	144	55
2019-05-23	$16.59	$15.00	29.2%	8.4%	20.9%	22.7%	0.0%	0.0%	-15.3%	1.8K	-117.8K	-416	0.00	79.94	0	0	144	55
2019-05-24	$16.68	$15.00	29.8%	8.5%	20.1%	23.5%	0.0%	0.0%	-14.2%	1.7K	-120.8K	-409	0.00	78.81	0	1	144	55
2019-05-28	$16.59	$15.00	32.4%	9.3%	20.1%	26.9%	0.0%	0.0%	-22.3%	1.8K	-125.7K	-367	0.00	77.24	0	0	144	55
2019-05-29	$16.38	$15.00	24.2%	6.9%	20.6%	16.3%	0.0%	0.0%	4.6%	1.9K	-114.7K	-407	0.00	78.10	0	17	144	55
2019-05-30	$16.14	$15.00	39.0%	11.2%	21.4%	35.4%	0.0%	0.0%	-29.8%	1.6K	-106.2K	-440	0.00	82.31	0	17	144	66
2019-05-31	$16.05	$15.00	25.5%	7.3%	21.2%	18.0%	0.0%	0.0%	-2.9%	1.9K	-84.2K	-478	0.00	80.24	0	17	144	66