OCSL Options History — February 2026

In February 2026, OCSL traded between $11.36 and $12.53. ATM implied volatility averaged 26.0%, placing in the 31.2% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 3.3% (HV 20d: 22.7%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.20.

Notable Days

2026-02-17: Highest Volume — 2,230 contracts
2026-02-24: Largest IV spike — 57.5% change
2026-02-24: Highest IV Rank — 42.1%
2026-02-06: Largest Expected Move — 10.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$12.00	$11.36	$12.53	$12.27	$11.36
Max Pain	$12.11	$10.00	$12.50	$10.00	$12.50
ATM IV	26.0%	16.8%	32.0%	29.4%	23.9%
Expected Move	7.6%	4.8%	10.4%	8.4%	6.9%
HV 20d	22.7%	19.7%	26.5%	21.8%	26.5%
HV 60d	21.4%	19.6%	23.0%	19.6%	23.0%
IV Rank	31.2%	14.3%	42.1%	37.4%	27.4%
IV Percentile	63.0%	15.1%	87.3%	79.8%	54.4%
Term Structure	-1.6%	-11.8%	9.7%	2.8%	-4.2%
VWIV	32.8%	20.4%	65.2%	65.2%	27.8%
Skew 25d	114.6%	6.8%	230.7%	22.9%	169.4%
Skew 10d	164.0%	11.3%	313.9%	33.2%	296.3%
Call IV 25d	40.9%	15.7%	110.8%	29.6%	93.1%
Put IV 25d	155.4%	36.5%	264.6%	52.6%	262.5%
Bid-Ask Spread %	97.07	78.37	109.25	82.43	92.66
Gamma HHI	0.74	0.50	0.94	0.50	0.78
Net GEX	87.3K	36.5K	141.5K	95.4K	43.5K
Net DEX	-13.7M	-20.0M	-2.1M	-19.6M	-2.1M
Net VEX	-6.7K	-12.0K	-4.0K	-7.3K	-12.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.20	0.00	1.33	0.10	0.44
Total Volume	639.842	67	2,230	1,998	228
Total OI	21,065.421	8,558	26,050	25,795	9,039

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
2026-02-02	$12.27	$10.00	29.4%	8.4%	21.8%	37.4%	65.2%	22.9%	2.8%	95.4K	-19.6M	-7.3K	0.10	82.43	1,816	182	21,882	3,913
2026-02-03	$12.11	$10.00	29.5%	8.5%	21.3%	37.6%	32.7%	230.7%	-1.4%	68.2K	-18.8M	-6.4K	0.65	83.87	322	210	21,702	4,019
2026-02-04	$12.53	$10.00	31.0%	8.9%	24.5%	40.2%	31.1%	6.8%	0.1%	85.8K	-20.0M	-7.1K	0.18	78.37	308	55	21,634	4,220
2026-02-05	$12.17	$12.50	26.4%	7.3%	26.0%	31.8%	26.1%	137.5%	-1.9%	96.1K	-18.8M	-7.0K	0.05	100.13	227	12	21,638	4,236
2026-02-06	$12.16	$12.50	26.6%	10.4%	23.0%	32.2%	0.0%	15.1%	-11.8%	75.4K	-18.7M	-6.8K	0.01	103.12	726	4	21,545	4,244
2026-02-09	$12.35	$12.50	21.7%	7.8%	23.9%	23.4%	27.1%	141.3%	-1.3%	108.7K	-18.8M	-6.3K	0.02	94.97	951	20	21,476	4,244
2026-02-10	$12.36	$12.50	31.8%	7.7%	23.7%	41.7%	28.8%	133.5%	-4.5%	133.5K	-19.0M	-6.5K	0.18	105.52	138	25	21,761	4,259
2026-02-11	$12.32	$12.50	23.0%	6.6%	23.2%	25.8%	23.3%	148.8%	1.6%	141.5K	-18.6M	-6.0K	0.01	107.11	383	5	21,739	4,284
2026-02-12	$12.28	$12.50	22.9%	6.6%	21.3%	25.6%	24.2%	148.1%	0.2%	120.5K	-18.5M	-6.1K	0.00	106.17	135	0	21,731	4,289
2026-02-13	$12.16	$12.50	29.6%	8.5%	20.8%	37.8%	31.5%	153.3%	-5.4%	113.2K	-18.1M	-5.9K	0.02	105.13	156	3	21,720	4,289
2026-02-17	$12.11	$12.50	30.6%	8.8%	20.8%	39.7%	31.4%	169.2%	-7.1%	116.6K	-17.5M	-4.9K	0.02	109.25	2,187	43	21,758	4,292
2026-02-18	$12.02	$12.50	23.5%	6.7%	20.2%	26.6%	20.4%	177.8%	-3.5%	119.7K	-15.5M	-4.7K	0.04	107.43	1,695	74	20,432	4,329
2026-02-19	$11.86	$12.50	27.6%	7.9%	19.7%	34.1%	31.1%	168.7%	-10.5%	59.7K	-14.2M	-4.1K	0.02	107.11	784	13	19,888	4,367
2026-02-20	$11.54	$12.50	16.8%	4.8%	21.2%	14.3%	45.6%	123.5%	9.7%	48.8K	-11.2M	-9.8K	0.09	98.16	664	60	18,212	4,175
2026-02-23	$11.36	$12.50	20.3%	5.8%	21.5%	20.8%	45.1%	19.1%	-7.8%	36.5K	-2.1M	-10.3K	0.11	88.04	183	20	5,612	2,946
2026-02-24	$11.47	$12.50	32.0%	9.2%	22.0%	42.1%	41.5%	22.4%	8.6%	53.8K	-2.6M	-6.9K	0.06	90.21	63	4	5,736	2,966
2026-02-25	$11.79	$12.50	28.6%	8.2%	24.8%	36.0%	0.0%	33.9%	9.6%	64.1K	-3.3M	-4.0K	0.38	94.19	233	88	5,755	2,968
2026-02-26	$11.71	$12.50	19.2%	5.5%	24.7%	18.8%	24.8%	154.4%	-3.0%	78.5K	-3.0M	-5.5K	1.33	90.42	60	80	5,899	3,044
2026-02-27	$11.36	$12.50	23.9%	6.9%	26.5%	27.4%	27.8%	169.4%	-4.2%	43.5K	-2.1M	-12.0K	0.44	92.66	158	70	5,938	3,101