OCSL Options History — September 2025

In September 2025, OCSL traded between $12.95 and $13.98. ATM implied volatility averaged 19.9%, placing in the 19.1% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 3.9% (HV 20d: 16.0%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 3.21.

Notable Days

  • 2025-09-25: Highest Volume — 5,733 contracts
  • 2025-09-24: Largest IV spike — 44.8% change
  • 2025-09-09: Highest IV Rank — 32.1%
  • 2025-09-10: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.46$12.95$13.98$13.82$13.02
Max Pain$13.81$12.50$15.00$15.00$12.50
ATM IV19.9%13.7%27.6%21.0%19.3%
Expected Move5.2%3.9%7.2%6.0%5.5%
HV 20d16.0%11.0%20.1%12.8%19.1%
HV 60d17.7%15.5%18.4%18.4%17.7%
IV Rank19.1%8.3%32.1%20.9%18.0%
IV Percentile45.4%11.1%79.8%55.6%44.8%
Term Structure0.5%-22.8%12.0%-7.4%4.6%
VWIV37.2%13.1%165.5%19.3%22.4%
Skew 25d32.2%-9.9%160.9%4.7%-5.2%
Skew 10d72.4%-6.6%230.2%4.7%-6.6%
Call IV 25d34.7%13.2%107.5%18.7%22.8%
Put IV 25d66.9%11.0%220.5%23.4%17.6%
Bid-Ask Spread %93.5880.87110.0597.0681.05
Gamma HHI0.730.511.000.950.63
Net GEX31.5K8.6K149.3K27.2K149.3K
Net DEX-1.2M-11.2M389.3K-34.6K-11.2M
Net VEX-4.4K-11.2K-1.6K-4.3K-9.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.210.0028.000.000.07
Total Volume563.47605,7336399
Total OI3,814.2382,52612,3502,53212,350

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-09-02$13.82$15.0021.0%6.0%12.8%20.9%0.0%4.7%-7.4%27.2K-34.6K-4.3K0.0097.06601,714818
2025-09-03$13.84$15.0023.8%6.8%11.2%25.7%0.0%9.5%-7.8%25.3K-34.3K-3.5K28.0095.9582241,708818
2025-09-04$13.83$15.0024.3%5.1%11.2%26.6%0.0%132.4%-1.3%20.7K180.2K-3.9K0.00104.47001,7161,011
2025-09-05$13.92$15.0025.3%4.4%11.3%28.3%19.3%16.6%-1.3%24.6K117.5K-4.4K13.57106.38141901,7161,011
2025-09-08$13.98$15.0026.1%3.9%11.0%29.6%0.0%101.6%-1.4%29.7K-40.0K-4.3K0.00102.78021,736908
2025-09-09$13.84$15.0027.6%6.2%11.8%32.1%0.0%3.4%-1.7%23.3K122.1K-3.4K0.15110.052031,736910
2025-09-10$13.74$15.0025.3%7.2%11.6%28.2%14.3%107.9%-22.8%23.6K160.8K-3.2K11.0098.991111,756913
2025-09-11$13.82$15.0020.6%5.9%11.6%20.3%69.7%121.8%-1.9%24.9K248.0K-3.5K1.05100.1422231,755923
2025-09-12$13.80$15.0016.0%4.6%11.5%12.3%165.5%160.9%-4.0%19.2K274.3K-1.6K0.1194.74174201,772926
2025-09-15$13.23$15.0013.7%3.9%19.1%8.3%13.1%1.9%7.0%12.7K389.3K-3.6K0.8689.8558501,653926
2025-09-16$13.29$15.0018.0%5.2%19.2%15.7%21.0%-0.4%-2.5%15.5K197.0K-3.9K0.1188.87218241,676872
2025-09-17$13.43$12.5016.0%4.6%19.1%12.3%17.9%-0.1%9.7%22.3K-15.1K-4.7K0.16109.133861,839851
2025-09-18$13.43$12.5015.1%4.3%19.0%10.8%15.9%3.7%7.5%18.7K124.6K-3.6K0.0090.506401,859856
2025-09-19$13.41$12.5016.8%4.8%19.0%13.7%14.4%1.5%3.5%17.7K65.5K-3.7K2.6390.7519501,906856
2025-09-22$13.14$12.5014.3%4.1%19.9%9.4%23.0%-2.8%7.4%12.7K157.9K-3.2K3.0883.7412371,739811
2025-09-23$12.97$12.5017.1%4.9%20.1%14.1%0.0%-9.9%-1.3%8.6K267.2K-3.0K0.0582.20303161,741842
2025-09-24$12.95$12.5024.7%7.1%19.3%27.2%24.8%38.1%-1.8%10.5K253.2K-3.3K0.0580.96219102,010860
2025-09-25$13.12$12.5015.6%4.5%19.6%11.7%47.3%0.0%12.0%19.2K71.1K-4.3K0.0080.875,72762,026863
2025-09-26$13.07$12.5016.6%4.8%19.5%13.3%52.4%-2.7%10.6%34.7K-7.7M-6.0K0.0093.681,98808,328869
2025-09-29$13.04$12.5021.5%6.2%19.4%21.8%0.0%-6.6%3.7%121.1K-8.8M-11.2K0.0183.091,858139,650869
2025-09-30$13.02$12.5019.3%5.5%19.1%18.0%22.4%-5.2%4.6%149.3K-11.2M-9.6K0.0781.053732611,468882