OCSL Options History — April 2023

In April 2023, OCSL traded between $18.23 and $19.02. ATM implied volatility averaged 24.7%, placing in the 2.8% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 1.0% (HV 20d: 23.7%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 11 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 2.27.

Notable Days

2023-04-24: Highest Volume — 400 contracts
2023-04-04: Largest IV spike — 72.1% change
2023-04-10: Highest IV Rank — 8.5%
2023-04-05: Largest Expected Move — 9.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.64	$18.23	$19.02	$18.91	$18.87
Max Pain	$20.00	$20.00	$20.00	$20.00	$20.00
ATM IV	24.7%	12.2%	55.9%	18.6%	12.2%
Expected Move	6.3%	3.5%	9.5%	5.3%	3.5%
HV 20d	23.7%	18.9%	30.8%	30.4%	20.1%
HV 60d	23.7%	22.9%	24.9%	23.2%	22.9%
IV Rank	2.8%	0.4%	8.5%	1.6%	0.4%
IV Percentile	38.1%	2.0%	90.9%	17.5%	2.0%
Term Structure	0.9%	-12.6%	13.7%	9.8%	13.7%
VWIV	23.7%	11.9%	45.4%	45.4%	16.7%
Skew 25d	6.5%	-7.1%	15.0%	13.4%	12.6%
Skew 10d	12.5%	2.6%	36.8%	21.3%	13.5%
Call IV 25d	19.6%	12.4%	24.0%	16.6%	12.4%
Put IV 25d	26.1%	16.4%	34.2%	30.0%	25.0%
Bid-Ask Spread %	85.07	70.41	101.07	98.07	87.31
Gamma HHI	0.40	0.32	0.47	0.44	0.40
Net GEX	7.6K	-24.8K	44.4K	5.7K	32.8K
Net DEX	196.1K	-148.0K	419.0K	201.0K	-52.8K
Net VEX	-5.6K	-6.4K	-4.9K	-5.5K	-6.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.27	0.00	31.75	0.01	0.86
Total Volume	99.632	1	400	297	26
Total OI	3,024.158	2,510	3,331	2,580	2,984

Daily Data (19 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
2023-04-03	$18.91	$20.00	18.6%	5.3%	30.4%	1.6%	45.4%	13.4%	9.8%	5.7K	201.0K	-5.5K	0.01	98.07	294	3	1,374	1,206
2023-04-04	$18.48	$20.00	32.0%	9.2%	30.8%	4.1%	34.5%	15.0%	3.9%	-7.0K	419.0K	-5.5K	0.09	91.48	53	5	1,665	1,209
2023-04-05	$18.30	$20.00	33.2%	9.5%	30.8%	4.3%	29.8%	8.0%	-10.8%	-16.0K	397.1K	-5.4K	0.90	100.63	42	38	1,711	1,184
2023-04-06	$18.41	$20.00	32.9%	6.9%	28.5%	4.3%	21.7%	-7.1%	-12.6%	-24.5K	403.3K	-5.3K	0.15	101.07	55	8	1,719	1,216
2023-04-10	$18.23	$20.00	55.9%	7.6%	23.7%	8.5%	26.5%	3.0%	-8.5%	-6.3K	416.1K	-4.9K	1.33	82.77	18	24	1,756	1,224
2023-04-11	$18.38	$20.00	35.8%	7.2%	23.8%	4.8%	19.8%	5.3%	-8.2%	-24.8K	370.9K	-5.4K	0.08	94.17	71	6	1,770	1,244
2023-04-12	$18.45	$20.00	24.3%	7.0%	23.5%	2.7%	20.1%	7.3%	-0.0%	-16.6K	339.6K	-5.4K	0.13	80.40	46	6	1,834	1,250
2023-04-13	$19.02	$20.00	18.0%	5.2%	25.6%	1.5%	27.7%	5.2%	1.5%	44.4K	-148.0K	-6.2K	2.09	80.60	45	94	1,836	1,245
2023-04-14	$18.84	$20.00	17.4%	5.0%	25.9%	1.4%	20.1%	4.8%	1.1%	19.1K	58.3K	-5.8K	31.75	89.20	4	127	1,871	1,296
2023-04-17	$18.95	$20.00	18.8%	5.4%	24.1%	1.7%	18.8%	4.8%	-0.3%	31.0K	58.0K	-5.7K	0.27	82.91	30	8	1,868	1,422
2023-04-18	$18.63	$20.00	21.3%	6.1%	25.1%	2.1%	14.4%	3.5%	-1.5%	-6.9K	292.0K	-5.4K	1.39	86.48	23	32	1,895	1,425
2023-04-19	$18.77	$20.00	16.2%	4.6%	21.5%	1.2%	27.2%	6.2%	2.8%	10.7K	134.0K	-5.2K	0.88	70.67	17	15	1,893	1,436
2023-04-20	$18.63	$20.00	25.6%	7.3%	20.2%	2.9%	0.0%	5.0%	-0.4%	-2.0K	244.6K	-4.9K	0.00	70.41	1	0	1,879	1,451
2023-04-21	$18.68	$20.00	22.3%	6.4%	19.4%	2.3%	22.5%	5.6%	12.0%	13.4K	184.7K	-5.5K	1.71	81.87	82	140	1,880	1,451
2023-04-24	$18.80	$20.00	16.9%	4.8%	18.9%	1.3%	20.8%	3.6%	1.9%	9.7K	117.4K	-5.6K	0.04	80.95	386	14	1,545	965
2023-04-25	$18.52	$20.00	28.4%	8.2%	19.5%	3.5%	24.0%	13.6%	5.7%	28.1K	61.5K	-6.4K	0.51	76.24	55	28	1,892	969
2023-04-26	$18.49	$20.00	21.4%	6.1%	19.5%	2.2%	11.9%	9.6%	7.6%	21.6K	231.1K	-5.9K	0.43	82.67	49	21	1,941	989
2023-04-27	$18.81	$20.00	18.1%	5.2%	20.1%	1.5%	23.9%	3.9%	-0.8%	31.4K	-1.8K	-6.1K	0.42	78.42	19	8	1,962	1,002
2023-04-28	$18.87	$20.00	12.2%	3.5%	20.1%	0.4%	16.7%	12.6%	13.7%	32.8K	-52.8K	-6.3K	0.86	87.31	14	12	1,975	1,009