OCSL Options History — March 2025

In March 2025, OCSL traded between $15.39 and $16.18. ATM implied volatility averaged 18.5%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 3.0% (HV 20d: 15.5%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 3.84.

Notable Days

  • 2025-03-04: Highest Volume — 2,749 contracts
  • 2025-03-12: Largest IV spike — 41.0% change
  • 2025-03-03: Highest IV Rank — 36.8%
  • 2025-03-13: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.75$15.39$16.18$15.86$15.39
Max Pain$15.71$15.00$17.50$15.00$15.00
ATM IV18.5%11.6%30.3%30.3%19.6%
Expected Move6.0%4.5%9.4%8.7%5.8%
HV 20d15.5%12.9%18.7%17.2%15.6%
HV 60d16.1%15.1%17.3%16.5%15.4%
IV Rank16.7%4.8%36.8%36.8%18.4%
IV Percentile48.9%7.5%86.1%86.1%62.3%
Term Structure-1.4%-21.6%8.8%-3.0%0.7%
VWIV41.2%12.2%298.6%25.3%24.6%
Skew 25d0.4%-110.8%52.8%10.1%-0.7%
Skew 10d48.3%-38.5%160.8%10.1%14.7%
Call IV 25d20.9%11.8%135.7%19.1%20.2%
Put IV 25d21.3%10.9%66.7%29.2%19.6%
Bid-Ask Spread %92.9980.61102.2589.3688.98
Gamma HHI0.760.460.890.460.72
Net GEX-152.3K-282.4K-2.6K-2.6K-119.8K
Net DEX1.2M-22.0K2.1M20.1K1.3M
Net VEX-12.5K-15.7K-3.9K-3.9K-15.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.840.0035.3821.300.90
Total Volume244.571142,74944619
Total OI4,895.811,9065,4661,9065,466

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-03-03$15.86$15.0030.3%8.7%17.2%36.8%25.3%10.1%-3.0%-2.6K20.1K-3.9K21.3089.3620426987919
2025-03-04$16.18$15.0021.9%6.3%18.7%22.5%24.9%-110.8%-7.5%-43.6K-22.0K-4.1K3.4395.486212,1281,0071,330
2025-03-05$16.04$15.0023.2%6.6%14.7%24.6%25.1%3.8%-21.6%-189.4K786.6K-11.3K0.8897.8916141,5773,410
2025-03-06$16.00$15.0019.3%5.5%13.7%18.0%43.1%5.9%4.0%-282.4K694.8K-8.4K0.0094.760331,5883,487
2025-03-07$16.09$15.0019.9%5.7%12.9%18.9%25.2%9.1%-2.4%-206.3K861.0K-10.6K0.4094.661041,5883,515
2025-03-10$15.96$15.0026.1%7.5%13.1%29.7%53.4%11.8%-4.1%-226.1K1.0M-10.5K35.3891.58134601,5973,515
2025-03-11$15.71$15.0018.4%5.8%14.4%16.4%25.4%9.2%-2.9%-203.7K1.7M-13.4K0.11102.258291,6063,704
2025-03-12$15.75$15.0025.9%5.9%14.2%29.3%38.2%52.8%-16.1%-225.2K1.4M-12.2K1.7093.9227461,6293,709
2025-03-13$15.63$15.0021.4%9.4%14.2%21.6%298.6%10.0%-8.2%-196.7K1.7M-12.8K0.2899.7674211,6303,713
2025-03-14$15.73$15.0020.3%7.3%14.4%19.7%33.9%7.5%-5.9%-229.0K1.4M-11.8K0.0589.6416481,6803,727
2025-03-17$15.46$17.5021.2%4.9%15.3%21.3%21.0%5.5%-0.1%-140.3K2.1M-14.5K0.3895.8729111,3583,734
2025-03-18$15.75$17.5016.9%4.6%16.6%13.9%16.1%6.8%6.7%-134.6K1.4M-13.5K0.6695.221521011,3853,491
2025-03-19$15.71$17.5013.1%4.7%16.3%7.3%0.0%0.9%7.5%-131.9K1.4M-14.5K0.2999.0641121,5373,569
2025-03-20$15.73$17.5012.2%5.1%16.3%5.7%0.0%3.3%8.8%-129.7K1.4M-14.5K1.1796.8318211,5173,569
2025-03-21$15.63$17.5013.4%5.7%16.4%7.8%20.1%-1.3%5.1%-128.7K1.5M-14.5K0.1788.674071,5213,589
2025-03-24$15.63$17.5014.1%4.5%16.1%9.1%12.2%-3.7%-5.4%-130.4K1.3M-14.8K0.0099.8713601,6043,449
2025-03-25$15.71$15.0011.6%5.4%16.3%4.8%18.8%-0.6%7.2%-114.1K1.1M-15.2K9.3387.236561,7543,449
2025-03-26$15.77$15.0013.3%5.3%16.3%7.7%18.4%-1.2%4.1%-115.9K909.3K-14.7K0.0880.61130101,7603,456
2025-03-27$15.59$15.0013.5%5.1%16.6%8.1%17.9%-2.0%1.8%-124.7K1.0M-15.4K0.0083.121401,8903,446
2025-03-28$15.48$15.0014.2%5.8%16.4%9.2%0.0%-7.3%2.1%-122.6K1.2M-15.7K0.2088.13131261,9043,446
2025-03-31$15.39$15.0019.6%5.8%15.6%18.4%24.6%-0.7%0.7%-119.8K1.3M-15.7K0.9088.981091,9973,469