OMAH Options History — December 2025

In December 2025, OMAH traded between $18.77 and $19.06. ATM implied volatility averaged 14.0%. The 30-day expected move averaged 4.9%. IV traded above realized volatility by 5.9% (HV 20d: 8.1%). Max pain ranged from $18.00 to $21.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.68.

Notable Days

  • 2025-12-22: Highest Volume — 216 contracts
  • 2025-12-19: Largest IV spike — 178.1% change
  • 2025-12-19: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.95$18.77$19.06$19.02$18.77
Max Pain$18.59$18.00$21.00$19.00$18.00
ATM IV14.0%4.7%28.8%7.7%5.7%
Expected Move4.9%1.4%8.3%2.2%1.6%
HV 20d8.1%6.0%9.8%9.8%7.7%
Term Structure2.5%-27.0%30.0%30.0%-1.1%
VWIV14.3%2.9%50.9%7.4%5.7%
Skew 25d6.2%-29.2%124.4%2.5%3.2%
Skew 10d13.9%-20.5%180.9%5.2%1.4%
Call IV 25d20.1%5.6%45.5%8.3%6.6%
Put IV 25d26.4%9.2%134.7%10.9%9.8%
Bid-Ask Spread %139.24131.12145.13131.12135.46
Gamma HHI0.670.390.900.780.56
Net GEX34.3K13.4K62.6K16.9K28.6K
Net DEX-444.8K-784.7K-114.9K-114.9K-413.6K
Net VEX-970-1.4K-458-458-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.006.000.006.00
Total Volume42.5021616414
Total OI466.909196624196568

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$19.02$19.007.7%2.2%0.0%0.0%7.4%2.5%30.0%16.9K-114.9K-4580.00131.12N/AN/A164014056
2025-12-02$19.01$18.0010.8%3.1%0.0%0.0%9.6%124.4%27.2%30.2K-257.2K-4650.38133.18N/AN/A8324756
2025-12-03$19.06$18.009.1%2.6%0.0%0.0%7.9%3.9%28.8%21.8K-305.3K-5020.00136.30N/AN/A11025359
2025-12-04$18.93$21.0010.5%7.2%0.0%0.0%0.0%-5.5%-8.2%22.0K-261.6K-5350.00145.13N/AN/A0125559
2025-12-05$18.99$21.009.1%6.8%0.0%0.0%10.3%-8.6%-22.6%26.5K-286.5K-5090.00143.43N/AN/A0525560
2025-12-08$18.84$21.007.3%7.8%0.0%0.0%15.1%-24.6%-8.3%25.9K-223.3K-4750.60141.34N/AN/A10625565
2025-12-09$18.84$21.006.5%7.9%0.0%0.0%36.1%-29.2%-8.6%32.0K-229.4K-5480.00141.71N/AN/A71027665
2025-12-10$18.95$18.006.7%1.9%9.8%0.0%2.9%7.5%27.9%27.4K-403.7K-1.1K0.00141.90N/AN/A2038665
2025-12-11$19.03$18.0011.5%3.3%9.5%0.0%22.1%2.4%18.8%42.8K-441.1K-1.1K0.00144.69N/AN/A102038765
2025-12-12$19.04$18.0026.5%7.6%9.2%0.0%13.7%-5.1%-8.2%59.9K-613.9K-1.1K1.20141.43N/AN/A5648965
2025-12-15$19.01$18.0026.8%7.7%9.0%0.0%0.0%-29.0%-11.0%38.9K-551.4K-1.2K0.00144.41N/AN/A6048970
2025-12-16$18.95$18.0026.7%7.6%8.9%0.0%0.0%-17.1%-27.0%59.9K-515.2K-1.2K0.00144.38N/AN/A0049570
2025-12-17$18.96$18.0028.3%8.1%8.6%0.0%0.0%-4.1%-25.6%62.6K-552.7K-1.1K0.00139.60N/AN/A0549570
2025-12-18$18.93$18.0010.3%3.0%8.6%0.0%12.2%5.0%27.3%35.6K-553.1K-1.1K0.75139.25N/AN/A8649570
2025-12-19$18.88$18.0028.8%8.3%8.6%0.0%14.8%0.7%-10.7%48.9K-501.6K-1.0K1.50140.46N/AN/A2350376
2025-12-22$19.01$18.0028.7%8.2%7.9%0.0%50.9%-3.0%-11.4%13.4K-357.2K-1.0K0.06138.00N/AN/A2041230332
2025-12-23$18.98$18.0014.4%4.1%6.8%0.0%14.4%4.1%17.9%23.3K-688.6K-1.2K0.01133.35N/AN/A67150744
2025-12-24$19.05$18.0010.5%3.0%6.1%0.0%10.5%97.4%20.5%25.9K-784.7K-1.2K1.00135.21N/AN/A1157445
2025-12-26$19.06$18.0010.8%3.1%6.0%0.0%13.5%8.9%-1.9%34.5K-766.1K-1.4K0.03139.51N/AN/A103357547
2025-12-29$18.80$18.004.7%1.4%7.7%0.0%6.1%3.3%5.4%43.6K-541.2K-1.2K0.03137.71N/AN/A90357648
2025-12-30$18.81$18.007.3%2.1%7.7%0.0%4.7%0.4%-3.9%33.7K-422.8K-1.4K0.71135.79N/AN/A7551448
2025-12-31$18.77$18.005.7%1.6%7.7%0.0%5.7%3.2%-1.1%28.6K-413.6K-1.4K6.00135.46N/AN/A21251553