OUSA Options History — June 2018

In June 2018, OUSA traded between $30.61 and $31.36. ATM implied volatility averaged 19.9%, placing in the 41.5% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 11.5% (HV 20d: 8.4%). Max pain ranged from $29.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.19.

Notable Days

2018-06-12: Highest Volume — 46 contracts
2018-06-13: Largest IV drop — 40.1% change
2018-06-11: Highest IV Rank — 100.0%
2018-06-01: Largest Expected Move — 5.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$30.96	$30.61	$31.36	$30.72	$30.78
Max Pain	$29.05	$29.00	$30.00	$30.00	$29.00
ATM IV	19.9%	14.7%	36.9%	20.6%	17.6%
Expected Move	4.7%	4.0%	5.9%	5.9%	5.0%
HV 20d	8.4%	7.4%	9.7%	9.7%	7.8%
HV 60d	13.0%	10.6%	14.3%	14.3%	10.6%
IV Rank	41.5%	23.3%	100.0%	44.2%	33.4%
IV Percentile	76.7%	56.7%	100.0%	85.7%	72.6%
Term Structure	0.6%	-6.8%	85.3%	-5.8%	-5.0%
VWIV	21.8%	17.4%	28.2%	22.9%	28.1%
Skew 25d	3.7%	0.6%	6.9%	2.8%	6.1%
Skew 10d	3.0%	-0.2%	9.3%	2.2%	0.4%
Call IV 25d	19.0%	14.8%	24.9%	24.9%	24.5%
Put IV 25d	22.6%	17.3%	30.8%	27.7%	30.7%
Bid-Ask Spread %	152.03	148.10	160.81	160.81	152.86
Gamma HHI	0.28	0.23	0.33	0.23	0.30
Net GEX	6.4K	5.2K	8.0K	7.6K	5.4K
Net DEX	-66.0K	-85.5K	-49.2K	-74.7K	-52.1K
Net VEX	-248	-283	-210	-275	-215
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.19	0.15	0.21	0.15	0.21
Total Volume	39.952	34	46	45	34
Total OI	49.238	46	57	57	46

Daily Data (21 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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2018-06-01	$30.72	$30.00	20.6%	5.9%	9.7%	44.2%	22.9%	2.8%	-5.8%	7.6K	-74.7K	-275	0.15	160.81	N/A	N/A	39	6	55	2
2018-06-04	$30.88	$29.00	22.7%	4.3%	8.9%	51.5%	17.4%	2.5%	-1.0%	8.0K	-82.9K	-280	0.15	149.67	N/A	N/A	39	6	55	2
2018-06-05	$30.85	$29.00	23.8%	4.0%	8.8%	55.4%	17.5%	2.3%	2.0%	8.0K	-83.0K	-283	0.15	149.97	N/A	N/A	39	6	55	2
2018-06-06	$31.05	$29.00	23.1%	4.2%	9.0%	53.0%	17.6%	2.6%	1.5%	7.6K	-85.5K	-274	0.15	150.87	N/A	N/A	39	6	55	2
2018-06-07	$31.15	$29.00	25.1%	4.5%	8.9%	59.9%	18.0%	2.2%	-4.8%	7.9K	-73.1K	-281	0.15	150.78	N/A	N/A	39	6	47	2
2018-06-08	$31.26	$29.00	26.7%	4.5%	8.5%	65.4%	17.9%	2.3%	-3.2%	7.1K	-72.0K	-268	0.15	152.77	N/A	N/A	39	6	47	2
2018-06-11	$31.36	$29.00	36.9%	4.4%	8.3%	100.0%	17.7%	2.9%	-3.0%	7.5K	-75.3K	-259	0.15	155.08	N/A	N/A	39	6	47	2
2018-06-12	$31.30	$29.00	24.5%	4.4%	8.4%	57.3%	22.7%	5.9%	-5.3%	6.3K	-68.6K	-263	0.18	155.29	N/A	N/A	39	7	47	2
2018-06-13	$31.19	$29.00	14.7%	4.2%	7.6%	23.3%	22.2%	3.4%	-5.6%	6.4K	-71.9K	-283	0.18	156.27	N/A	N/A	39	7	47	3
2018-06-14	$31.18	$29.00	16.6%	4.8%	7.5%	29.9%	20.3%	1.0%	-1.4%	5.9K	-69.0K	-247	0.18	149.39	N/A	N/A	39	7	47	3
2018-06-15	$31.23	$29.00	15.3%	4.4%	7.4%	25.4%	18.0%	0.6%	-3.8%	6.7K	-79.6K	-247	0.18	148.10	N/A	N/A	39	7	47	3
2018-06-18	$30.97	$29.00	16.4%	4.7%	8.1%	29.1%	21.6%	4.8%	85.3%	6.1K	-65.2K	-255	0.21	148.56	N/A	N/A	28	6	44	2
2018-06-19	$30.89	$29.00	14.7%	4.2%	8.0%	23.3%	23.6%	2.8%	-2.6%	5.3K	-55.2K	-234	0.21	149.04	N/A	N/A	28	6	44	2
2018-06-20	$30.93	$29.00	16.3%	4.7%	7.9%	29.0%	22.4%	4.4%	-2.2%	5.4K	-57.6K	-232	0.21	149.16	N/A	N/A	28	6	44	2
2018-06-21	$30.71	$29.00	17.2%	4.9%	8.4%	31.9%	20.8%	3.6%	-2.9%	5.9K	-58.6K	-240	0.21	149.02	N/A	N/A	28	6	44	2
2018-06-22	$31.03	$29.00	17.1%	4.9%	9.1%	31.6%	22.9%	4.3%	-2.9%	5.4K	-59.2K	-229	0.21	154.17	N/A	N/A	28	6	44	2
2018-06-25	$30.77	$29.00	17.6%	5.1%	9.7%	33.4%	25.7%	3.0%	-6.8%	5.6K	-51.7K	-217	0.21	151.92	N/A	N/A	28	6	44	2
2018-06-26	$30.72	$29.00	16.7%	4.8%	9.2%	30.2%	26.7%	6.0%	-6.0%	5.3K	-51.1K	-212	0.21	154.31	N/A	N/A	28	6	44	2
2018-06-27	$30.61	$29.00	17.1%	4.9%	8.3%	31.5%	26.3%	6.3%	-6.5%	5.3K	-49.2K	-210	0.21	150.95	N/A	N/A	28	6	44	2
2018-06-28	$30.66	$29.00	17.4%	5.0%	8.0%	32.8%	28.2%	6.9%	-6.2%	5.2K	-49.9K	-211	0.21	153.69	N/A	N/A	28	6	44	2
2018-06-29	$30.78	$29.00	17.6%	5.0%	7.8%	33.4%	28.1%	6.1%	-5.0%	5.4K	-52.1K	-215	0.21	152.86	N/A	N/A	28	6	44	2