OUSA Options History — March 2018

In March 2018, OUSA traded between $29.72 and $31.48. ATM implied volatility averaged 22.2%, placing in the 49.9% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 5.9% (HV 20d: 16.3%). Max pain ranged from $31.00 to $31.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 1.17.

Notable Days

  • 2018-03-01: Highest Volume — 68 contracts
  • 2018-03-14: Largest IV drop — 56.0% change
  • 2018-03-13: Highest IV Rank — 98.7%
  • 2018-03-29: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.81$29.72$31.48$30.60$30.48
Max Pain$31.00$31.00$31.00$31.00$31.00
ATM IV22.2%15.9%36.2%22.8%28.1%
Expected Move5.4%3.6%8.1%6.5%8.1%
HV 20d16.3%12.9%22.4%22.2%16.0%
HV 60d15.1%14.3%16.7%14.3%16.7%
IV Rank49.9%28.0%98.7%51.8%70.4%
IV Percentile94.1%84.5%99.6%96.8%99.2%
Term Structure-3.7%-8.1%-0.9%-6.5%-7.1%
VWIV18.8%12.7%27.5%22.5%27.5%
Skew 25d2.1%-4.4%10.2%2.2%10.2%
Skew 10d2.2%-3.4%6.5%-0.0%6.5%
Call IV 25d19.1%13.8%26.0%26.0%22.7%
Put IV 25d21.3%12.8%32.9%28.2%32.9%
Bid-Ask Spread %146.58133.84165.48142.03158.38
Gamma HHI0.380.310.460.330.43
Net GEX351-2.1K3.1K1.1K-1.1K
Net DEX-6.6K-50.6K44.1K-5.4K18.1K
Net VEX-365-447-298-447-310
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.170.891.430.891.36
Total Volume5951686852
Total OI96.5718810310390

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-03-01$30.60$31.0022.8%6.5%22.2%51.8%22.5%2.2%-6.5%1.1K-5.4K-4470.89142.03N/AN/A36325449
2018-03-02$30.74$31.0023.2%6.6%22.4%53.2%22.8%3.6%-2.1%1.4K2.0K-4470.89147.18N/AN/A36325449
2018-03-05$31.05$31.0023.3%4.6%22.0%53.7%16.1%3.1%-2.2%1.7K-17.1K-4250.89142.19N/AN/A36325449
2018-03-06$30.99$31.0021.9%4.8%18.3%48.9%16.9%2.8%-2.5%1.9K-17.6K-4240.89145.63N/AN/A36325449
2018-03-07$30.93$31.0023.6%5.0%18.3%54.8%17.1%3.3%-4.7%1.7K-12.3K-4250.89143.73N/AN/A36325449
2018-03-08$31.07$31.0024.7%4.5%18.3%58.5%16.0%2.6%-2.2%1.8K-21.8K-4100.89148.52N/AN/A36325449
2018-03-09$31.46$31.0024.9%4.4%14.6%59.1%15.7%2.1%-1.2%2.2K-45.3K-3950.89149.79N/AN/A36325449
2018-03-12$31.48$31.0026.8%4.6%14.3%65.8%16.3%1.4%-2.8%2.8K-50.6K-3810.89148.52N/AN/A36325449
2018-03-13$31.33$31.0036.2%3.6%14.2%98.7%12.7%-1.0%-2.2%3.1K-44.6K-3621.14133.84N/AN/A28325449
2018-03-14$31.13$31.0015.9%4.6%14.4%28.0%16.8%-0.6%-0.9%1.3K-37.3K-3591.28144.09N/AN/A25324849
2018-03-15$31.13$31.0016.7%4.8%14.3%30.5%16.7%2.1%-3.0%1.6K-24.9K-3601.28148.90N/AN/A25325149
2018-03-16$31.27$31.0017.9%5.1%13.9%34.7%18.0%2.4%-4.7%-191-44.7K-3551.28147.01N/AN/A25325149
2018-03-19$30.92$31.0016.9%4.8%14.1%31.3%16.8%1.6%-3.9%-759-3.3K-3401.43143.96N/AN/A21304246
2018-03-20$30.87$31.0018.2%5.2%13.2%35.9%18.2%2.7%-4.0%-666-4.3K-3471.43142.63N/AN/A21304346
2018-03-21$30.90$31.0017.3%4.9%12.9%32.5%17.1%2.2%-4.0%-967-81-3381.43165.48N/AN/A21304346
2018-03-22$30.24$31.0018.0%5.2%15.0%35.3%20.0%-4.4%-5.0%-1.7K30.8K-3221.43142.94N/AN/A21304346
2018-03-23$29.72$31.0020.1%5.7%14.9%42.3%21.4%1.7%-5.8%-2.1K44.1K-2981.36140.22N/AN/A22304346
2018-03-26$30.36$31.0020.1%5.8%16.5%42.5%20.7%3.9%-1.3%-2.1K29.2K-3071.36142.40N/AN/A22304446
2018-03-27$30.11$31.0026.1%7.5%16.4%63.2%24.5%-2.5%-2.8%-1.7K33.6K-3091.36150.16N/AN/A22304446
2018-03-28$30.16$31.0024.3%7.0%16.4%56.9%20.4%5.4%-8.1%-1.7K33.5K-2981.36150.63N/AN/A22304446
2018-03-29$30.48$31.0028.1%8.1%16.0%70.4%27.5%10.2%-7.1%-1.1K18.1K-3101.36158.38N/AN/A22304446