OCSL Options History — May 2023

In May 2023, OCSL traded between $18.04 and $18.80. ATM implied volatility averaged 28.4%, placing in the 3.4% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 9.3% (HV 20d: 19.1%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 2.60.

Notable Days

  • 2023-05-04: Highest Volume — 105 contracts
  • 2023-05-02: Largest IV spike — 100.3% change
  • 2023-05-26: Highest IV Rank — 5.9%
  • 2023-05-26: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.51$18.04$18.80$18.80$18.73
Max Pain$19.32$17.50$20.00$20.00$20.00
ATM IV28.4%14.3%41.6%14.3%39.5%
Expected Move8.2%4.1%11.9%4.1%11.3%
HV 20d19.1%16.3%21.7%19.9%16.3%
HV 60d23.2%22.9%23.6%22.9%23.0%
IV Rank3.4%0.8%5.9%0.8%5.5%
IV Percentile53.7%3.6%84.1%3.6%81.7%
Term Structure-12.2%-41.2%13.2%5.1%-36.6%
VWIV25.8%16.8%36.3%31.6%24.1%
Skew 25d21.6%-3.7%78.4%-3.7%3.3%
Skew 10d73.3%1.5%189.0%1.5%8.2%
Call IV 25d26.6%14.5%182.8%21.5%24.1%
Put IV 25d48.2%17.8%229.3%17.8%27.4%
Bid-Ask Spread %83.8826.32110.9293.7635.25
Gamma HHI0.390.340.470.430.40
Net GEX7.7K-19.1K35.9K35.9K20.1K
Net DEX22.2K-337.6K546.9K55.7K-278.7K
Net VEX-4.9K-6.8K-3.4K-5.4K-4.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.600.0022.000.590.11
Total Volume32.50105010
Total OI2,901.3642,2783,2052,9912,512

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-05-01$18.80$20.0014.3%4.1%19.9%0.8%0.0%-3.7%5.1%35.9K55.7K-5.4K0.0093.76001,9771,014
2023-05-02$18.46$20.0028.7%8.2%20.6%3.5%31.6%15.6%2.0%23.6K215.5K-5.6K0.5984.6637221,9771,014
2023-05-03$18.52$20.0030.8%8.8%18.9%3.9%16.8%8.3%-5.3%19.0K258.4K-5.2K0.0091.043901,9981,030
2023-05-04$18.04$20.0019.1%6.6%20.9%1.7%20.3%76.9%-4.0%-14.7K546.9K-4.2K0.38110.9276292,0321,030
2023-05-05$18.05$20.0021.0%6.7%20.7%2.1%31.0%78.4%-0.5%-9.6K327.3K-4.4K0.93106.2827252,088943
2023-05-08$18.41$20.0023.3%7.5%21.7%2.5%21.2%48.0%-13.4%19.5K33.7K-5.7K2.0797.5129602,113951
2023-05-09$18.38$17.5024.9%6.2%21.5%2.8%25.1%44.8%13.2%15.1K-14.3K-6.8K17.2596.644692,1301,009
2023-05-10$18.55$17.5028.9%8.3%21.7%3.5%0.0%12.4%-13.2%13.1K16.3K-3.4K1.5035.2112182,1331,015
2023-05-11$18.34$17.5021.2%6.1%18.9%2.1%24.9%31.7%-0.7%4.5K146.5K-5.4K0.0056.450132,1391,015
2023-05-12$18.32$17.5035.4%10.2%18.7%4.8%0.0%46.5%-30.3%12.8K90.1K-5.1K0.00103.15102,1391,010
2023-05-15$18.46$17.5028.7%8.2%18.8%3.5%0.0%20.1%-12.5%11.3K78.0K-5.1K0.00100.191102,1401,010
2023-05-16$18.27$17.5031.1%8.9%18.2%4.0%36.3%64.1%-14.0%-19.1K298.7K-3.8K22.00104.093662,1491,010
2023-05-17$18.46$20.0024.2%6.9%18.4%2.7%34.5%8.2%-7.0%5.5K124.9K-4.7K0.32106.831962,1521,053
2023-05-18$18.70$20.0036.1%10.4%18.8%4.9%0.0%-1.4%-21.3%1.4K69.7K-3.9K1.0098.17112,1331,057
2023-05-19$18.77$20.0022.2%6.4%18.9%2.3%27.9%8.5%-3.6%8.2K-159.9K-6.1K0.56100.0925142,1341,058
2023-05-22$18.76$20.0017.4%5.0%18.7%1.4%21.4%-0.4%-3.0%3.1K-201.0K-4.4K1.1785.1318211,524754
2023-05-23$18.77$20.0029.6%8.5%17.9%3.7%23.7%12.1%-3.6%7.8K-199.6K-4.6K0.1793.663051,542779
2023-05-24$18.55$20.0032.6%9.3%18.4%4.2%22.8%0.3%-15.5%556-337.6K-5.1K0.4096.28521,781780
2023-05-25$18.52$20.0033.3%9.5%17.3%4.4%0.0%-1.0%-23.9%-2.0K-177.4K-5.9K0.0093.36001,691807
2023-05-26$18.70$20.0041.6%11.9%17.6%5.9%0.0%3.7%-41.2%7.1K-196.9K-4.5K0.0030.451101,691807
2023-05-30$18.68$20.0040.1%11.5%17.6%5.6%24.1%-0.2%-39.8%6.4K-207.3K-4.3K1.0026.32331,702807
2023-05-31$18.73$20.0039.5%11.3%16.3%5.5%0.0%3.3%-36.6%20.1K-278.7K-4.8K0.1135.25911,705807