OCSL Options History — January 2025

In January 2025, OCSL traded between $14.98 and $16.06. ATM implied volatility averaged 19.1%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 4.3% (HV 20d: 14.8%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 1.68.

Notable Days

2025-01-13: Highest Volume — 359 contracts
2025-01-13: Largest IV spike — 157.8% change
2025-01-13: Highest IV Rank — 70.1%
2025-01-23: Largest Expected Move — 8.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.50	$14.98	$16.06	$15.32	$16.06
Max Pain	$15.25	$15.00	$17.50	$15.00	$15.00
ATM IV	19.1%	10.8%	49.7%	13.1%	15.3%
Expected Move	5.0%	3.1%	8.1%	3.8%	4.4%
HV 20d	14.8%	10.9%	19.0%	18.0%	13.1%
HV 60d	17.5%	17.2%	18.0%	17.4%	17.2%
IV Rank	17.7%	3.5%	70.1%	7.4%	11.1%
IV Percentile	47.0%	4.4%	96.8%	17.5%	32.1%
Term Structure	5.0%	-23.8%	36.8%	-5.1%	14.6%
VWIV	19.2%	13.1%	39.3%	16.9%	15.8%
Skew 25d	1.5%	-70.4%	15.6%	-10.8%	2.1%
Skew 10d	6.9%	-107.5%	26.6%	-12.2%	1.9%
Call IV 25d	19.5%	12.5%	98.9%	20.6%	13.9%
Put IV 25d	21.0%	9.8%	32.3%	9.8%	16.0%
Bid-Ask Spread %	80.40	70.14	91.99	70.14	75.35
Gamma HHI	0.54	0.45	0.78	0.52	0.65
Net GEX	3.9K	-13.9K	23.6K	-9.7K	18.3K
Net DEX	-29.7K	-494.0K	468.7K	395.1K	-494.0K
Net VEX	-3.2K	-4.8K	-1.2K	-2.4K	-2.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.68	0.00	12.75	0.17	0.33
Total Volume	66.4	0	359	7	8
Total OI	2,515.95	2,145	2,729	2,145	2,729

Daily Data (20 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
2025-01-02	$15.32	$15.00	13.1%	3.8%	18.0%	7.4%	16.9%	-10.8%	-5.1%	-9.7K	395.1K	-2.4K	0.17	70.14	6	1	1,271	874
2025-01-03	$15.35	$15.00	10.8%	3.1%	17.8%	3.5%	0.0%	-70.4%	6.0%	-5.9K	305.2K	-2.8K	0.09	71.52	116	10	1,277	874
2025-01-06	$15.18	$17.50	18.0%	4.8%	18.0%	15.8%	16.8%	8.6%	2.2%	-10.2K	380.1K	-2.8K	3.00	85.86	4	12	1,289	884
2025-01-07	$15.11	$17.50	14.1%	5.0%	18.0%	9.2%	17.5%	10.6%	2.2%	-13.9K	447.6K	-2.8K	0.21	86.23	112	23	1,291	896
2025-01-08	$15.04	$15.00	17.2%	5.3%	17.7%	14.4%	18.3%	10.9%	0.6%	-4.0K	389.3K	-3.1K	1.74	80.95	35	61	1,402	919
2025-01-10	$14.98	$15.00	19.3%	4.3%	17.7%	18.0%	0.0%	14.2%	1.2%	-6.4K	468.7K	-3.2K	0.00	89.25	16	0	1,437	980
2025-01-13	$15.04	$15.00	49.7%	5.3%	17.8%	70.1%	18.5%	15.6%	0.7%	-8.4K	439.6K	-3.2K	0.01	80.79	354	5	1,445	977
2025-01-14	$15.29	$15.00	22.5%	5.7%	19.0%	23.5%	20.0%	10.6%	-6.4%	10.8K	66.7K	-3.8K	0.00	83.70	24	0	1,555	972
2025-01-15	$15.45	$15.00	16.9%	4.9%	19.0%	13.9%	0.0%	9.6%	8.7%	8.5K	-37.6K	-3.8K	1.91	86.26	43	82	1,579	972
2025-01-16	$15.66	$15.00	18.5%	5.3%	14.0%	16.6%	18.8%	4.5%	36.8%	7.4K	-220.7K	-3.6K	12.75	79.89	4	51	1,611	965
2025-01-17	$15.66	$15.00	15.6%	4.5%	14.0%	11.7%	13.1%	5.8%	10.0%	8.8K	-223.2K	-3.7K	0.83	75.35	96	80	1,614	1,008
2025-01-21	$15.71	$15.00	17.9%	5.1%	11.5%	15.5%	17.6%	3.6%	10.9%	8.9K	-229.7K	-3.9K	0.04	76.51	55	2	1,637	1,000
2025-01-22	$15.61	$15.00	14.7%	4.2%	11.6%	10.1%	0.0%	3.2%	14.4%	6.9K	-364.3K	-4.8K	0.00	91.99	0	0	1,687	1,000
2025-01-23	$15.64	$15.00	28.2%	8.1%	11.6%	33.2%	17.4%	-0.9%	-23.8%	23.6K	-228.9K	-4.6K	0.17	84.58	6	1	1,687	1,000
2025-01-24	$15.66	$15.00	16.9%	4.8%	11.1%	13.9%	39.3%	2.8%	9.9%	7.5K	-195.1K	-3.4K	0.56	83.44	16	9	1,681	999
2025-01-27	$15.82	$15.00	17.6%	5.0%	10.9%	15.1%	21.6%	7.5%	1.6%	12.4K	-351.7K	-3.4K	5.00	79.02	1	5	1,697	996
2025-01-28	$15.91	$15.00	18.0%	5.2%	10.9%	15.8%	17.2%	-1.7%	5.2%	8.7K	-407.3K	-1.4K	2.17	76.16	12	26	1,696	996
2025-01-29	$15.70	$15.00	24.7%	7.1%	12.2%	27.3%	0.0%	4.5%	-7.7%	8.0K	-307.5K	-3.4K	0.91	79.65	11	10	1,707	998
2025-01-30	$15.84	$15.00	13.5%	3.9%	12.4%	8.0%	19.2%	-0.1%	17.5%	6.2K	-426.7K	-1.2K	2.10	71.35	10	21	1,709	1,008
2025-01-31	$16.06	$15.00	15.3%	4.4%	13.1%	11.1%	15.8%	2.1%	14.6%	18.3K	-494.0K	-2.9K	0.33	75.35	6	2	1,719	1,010