OUSA Options History — July 2018

In July 2018, OUSA traded between $30.59 and $31.81. ATM implied volatility averaged 17.8%, placing in the 34.0% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 9.6% (HV 20d: 8.2%). Max pain ranged from $29.00 to $29.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.05.

Notable Days

  • 2018-07-02: Highest Volume — 34 contracts
  • 2018-07-11: Largest IV drop — 38.2% change
  • 2018-07-10: Highest IV Rank — 57.3%
  • 2018-07-30: Largest Expected Move — 5.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.34$30.59$31.81$30.59$31.78
Max Pain$29.00$29.00$29.00$29.00$29.00
ATM IV17.8%15.2%24.6%16.5%18.5%
Expected Move4.7%4.2%5.5%4.7%5.3%
HV 20d8.2%7.0%9.2%7.9%7.6%
HV 60d9.1%8.2%9.9%9.9%8.2%
IV Rank34.0%24.9%57.3%29.4%36.6%
IV Percentile68.0%54.8%93.3%63.9%74.6%
Term Structure-3.6%-8.1%-0.5%-0.5%-5.3%
VWIV29.5%29.0%30.0%29.0%30.0%
Skew 25d2.0%-0.2%7.5%7.5%2.0%
Skew 10d3.8%-0.8%7.8%-0.5%7.8%
Call IV 25d18.7%15.6%26.6%25.9%21.6%
Put IV 25d20.8%17.2%33.4%33.4%23.7%
Bid-Ask Spread %162.18154.05167.55154.36163.44
Gamma HHI0.460.290.680.290.67
Net GEX5.5K3.4K7.9K5.1K4.3K
Net DEX-53.7K-80.8K-25.0K-49.6K-30.8K
Net VEX-188-215-157-202-171
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.050.000.210.210.00
Total Volume24.71411343411
Total OI4025494626

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$30.59$29.0016.5%4.7%7.9%29.4%29.0%7.5%-0.5%5.1K-49.6K-2020.21154.36N/AN/A286442
2018-07-03$30.68$29.0018.3%5.3%8.0%35.9%30.0%5.3%-8.1%5.4K-50.8K-2060.07154.05N/AN/A282442
2018-07-05$30.92$0.0020.9%4.4%8.1%44.8%0.0%2.5%-1.9%6.3K-64.0K-2150.07158.20N/AN/A282442
2018-07-06$31.10$0.0020.6%4.2%8.3%43.6%0.0%1.4%-1.5%6.0K-61.2K-2010.07159.53N/AN/A282442
2018-07-09$31.17$0.0023.2%4.4%8.3%52.6%0.0%1.5%-2.6%6.3K-61.0K-1940.07165.21N/AN/A282442
2018-07-10$31.43$0.0024.6%4.4%8.7%57.3%0.0%1.8%-2.3%7.2K-62.9K-1790.07163.57N/AN/A282442
2018-07-11$31.21$0.0015.2%4.3%9.1%24.9%0.0%1.2%-1.8%6.0K-62.7K-1910.07164.98N/AN/A282442
2018-07-12$31.36$0.0015.3%4.4%9.1%25.4%0.0%1.3%-2.8%6.2K-66.1K-1990.07165.01N/AN/A282442
2018-07-13$31.44$0.0015.8%4.5%9.2%27.1%0.0%1.2%-3.7%6.9K-73.0K-2130.06161.68N/AN/A312442
2018-07-16$31.36$0.0016.5%4.7%9.2%29.6%0.0%1.7%-3.7%7.2K-69.7K-1740.06167.55N/AN/A312472
2018-07-17$31.52$0.0015.3%4.4%8.8%25.4%0.0%1.5%-3.0%7.9K-72.6K-1750.06166.72N/AN/A312472
2018-07-18$31.43$0.0016.3%4.7%8.8%28.8%0.0%1.1%-3.4%7.8K-70.5K-1720.06166.72N/AN/A312472
2018-07-19$31.48$0.0016.8%4.8%8.8%30.8%0.0%1.6%-3.8%7.6K-80.8K-2120.06154.16N/AN/A312472
2018-07-20$31.39$0.0017.3%4.9%8.4%32.2%0.0%1.2%-4.4%3.5K-63.1K-1590.06166.97N/AN/A312472
2018-07-23$31.34$0.0017.5%5.0%7.7%33.2%0.0%1.9%-3.7%3.4K-25.0K-1570.00166.35N/AN/A110250
2018-07-24$31.50$0.0016.5%4.7%7.1%29.7%0.0%-0.2%-3.6%3.7K-36.9K-2010.00157.45N/AN/A110260
2018-07-25$31.62$0.0016.6%4.8%7.1%30.0%0.0%3.0%-5.0%3.7K-37.6K-2090.00158.99N/AN/A110260
2018-07-26$31.81$0.0016.3%4.7%7.0%28.9%0.0%1.5%-3.9%4.2K-31.8K-1720.00162.72N/AN/A110260
2018-07-27$31.58$0.0016.5%4.7%7.7%29.7%0.0%2.1%-4.2%3.9K-29.1K-1740.00162.80N/AN/A110260
2018-07-30$31.53$0.0019.2%5.5%7.7%38.8%0.0%2.1%-5.9%3.8K-28.6K-1620.00165.33N/AN/A110260
2018-07-31$31.78$0.0018.5%5.3%7.6%36.6%0.0%2.0%-5.3%4.3K-30.8K-1710.00163.44N/AN/A110260